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Day: November 2, 2022

EPCOR Announces Quarterly Results and 2023 Dividend Increase

EDMONTON, Alberta, Nov. 02, 2022 (GLOBE NEWSWIRE) — EPCOR Utilities Inc. (EPCOR) today filed its quarterly results for the three months and year-to-date period ended September 30, 2022. “EPCOR’s year-to-date operating and financial performance continued to be ahead of expectations across EPCOR’s utilities and geographies” said Stuart Lee, EPCOR President & CEO. “We saw strong customer growth in our Edmonton and U.S. utilities, and EPCOR teams and contractors completed more than $240 million in capital projects in the third quarter, helping to sustain infrastructure reliability, support growing communities, and improve environmental performance.” “EPCOR’s footprint continues to grow across Canada and the United States, with commercial and contracted opportunities accelerating in our U.S. business,” continued Mr. Lee. “Based...

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GN Store Nord’s Audio division revises financial guidance for 2022

The financial guidance for 2022 is revised to reflect the impact of the worsened macroeconomic environment, lower consumer sentiment and general higher uncertainty which impacts the markets in which GN operates:A worsening of the consumer markets across GN Audio with an updated expectation that these markets will decline ~30% for 2022 Although we are observing solid demand in the Enterprise market, we now expect lower than previously anticipated market growth in Q4Guidance revisionGN Audio organic revenue growth guidance is revised from “0-5%” to now “-7% to -5%” Reflecting the lower-than-expected revenue development and the further appreciating USD, GN Audio’s adj. EBITA margin guidance is revised from “17-18%” to now “14-15%” As a consequence of the revised financial guidance for GN Audio, GN Store Nord revises the financial guidance...

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American Lithium Announces Financial and Operating Results for the Period Ended August 31, 2022

VANCOUVER, British Columbia, Nov. 02, 2022 (GLOBE NEWSWIRE) — American Lithium Corp. (“American Lithium” or the “Company”) (TSX-V:LI | OTCQB:LIACF | Frankfurt:5LA1) is pleased to report its operating and financial results for the three month period ending August 31, 2022. Unless otherwise stated, all amounts presented are in Canadian dollars. “We made good progress across all projects during the quarter,” stated Simon Clarke, CEO of American Lithium. “In Peru we were pleased to be able to commence drilling again at and around our Falchani Deposit for the first time since before COVID 19. We are advancing well with initial assays anticipated shortly. We have also made good progress at Australian Nuclear Science and Technology Organisation (“ANSTO”) Minerals Business Unit laboratories in Sydney, Australia where we continue to refine...

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Archrock Reports Third Quarter 2022 Results

HOUSTON, Nov. 02, 2022 (GLOBE NEWSWIRE) — Archrock, Inc. (NYSE: AROC) (“Archrock”) today reported results for the third quarter of 2022. Third Quarter 2022 HighlightsRevenue for the third quarter of 2022 was $213.7 million compared with $195.2 million in the third quarter of 2021. Net income for the third quarter of 2022 was $15.4 million compared with $9.3 million in the third quarter of 2021. Gross margin (a non–GAAP measure defined below) for the third quarter of 2022 was $106.1 million compared with $103.2 million in the third quarter of 2021. Adjusted EBITDA (a non–GAAP measure defined below) for the third quarter of 2022 was $91.9 million compared with $92.4 million in the third quarter of 2021. Previously–declared quarterly dividend of $0.145 per common share for the third quarter of 2022 resulted in dividend coverage...

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Major shareholder notification – William Demant Invest A/S

GN Store Nord A/S hereby announces that on November 2, 2022, pursuant to Section 38(1) of the Danish Capital Markets Act, it received a notification from William Demant Invest A/S stating that on November 1, 2022 William Demant Invest A/S increased its aggregate holding of shares, cf. Section 38(1) of the Danish Capital Markets Act, to above 5% of the share capital and voting rights in GN Store Nord A/S. For further information, please contact: Investors and analystsAnne Sofie Staunsbæk VeyheVice President – Investor Relations, Treasury & M&ATel: +45 45 75 85 06 or Rune SandagerDirector – Investor Relations & Treasury  Tel: +45 45 75 92 57 Press and the media Steen Frentz Laursen Vice President, Corporate Communications Tel: +45 20 65 34 20 About GN GN facilitates communication between people through intelligent hearing,...

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STERIS Declares $0.47 per share Dividend

DUBLIN, IRELAND, Nov. 02, 2022 (GLOBE NEWSWIRE) — STERIS plc (NYSE: STE) (“STERIS” or the “Company”) announced today that the Company will distribute a quarterly interim dividend of $0.47 per share. The dividend is payable December 16, 2022 to shareholders of record at the close of business on November 22, 2022.   STERIS is a leading global provider of products and services that support patient care with an emphasis on infection prevention. WE HELP OUR CUSTOMERS CREATE A HEALTHIER AND SAFER WORLD by providing innovative healthcare, life sciences and dental products and services.   For more information, visit www.steris.com. Company Contact: Julie Winter, Vice President, Investor Relations and Corporate Communications Julie_Winter@steris.com +1.440.392.7245 CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION This release...

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SJI Reports Third Quarter 2022 Results

Acquisition Proceeding on Track FOLSOM, NJ , Nov. 02, 2022 (GLOBE NEWSWIRE) —Investor Contact:Daniel Fidell609-561-9000 x7027dfidell@sjindustries.com Media Contact:Dominick DiRocco609-561-9000 x4262ddirocco@sjindustries.comSJI Reports Third Quarter 2022 ResultsAcquisition Proceeding on Track FOLSOM, NJ (November 2, 2022) – SJI (NYSE: SJI) today reported operating results for the third quarter ended September 30, 2022. Highlights include:Q3 2022 GAAP earnings $(0.31) per diluted share compared to $(0.23) per diluted share in 2021 Economic Earnings* $(0.18) per diluted share compared to $(0.17) per diluted share in 2021 YTD 2022 GAAP earnings $0.59 per diluted share compared to $0.06 per diluted share in 2021 Economic Earnings $1.08 per diluted share compared to $1.02 per diluted share in...

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Host Hotels & Resorts Acquires Four Seasons Resort and Residences Jackson Hole

BETHESDA, Md., Nov. 02, 2022 (GLOBE NEWSWIRE) — Host Hotels & Resorts, Inc. (NASDAQ: HST) (“Host” or the “Company”), the nation’s largest lodging real estate investment trust today announced that it has acquired the fee simple interest in the Four Seasons Resort and Residences Jackson Hole (the “Resort”), a 125-room luxury resort in Jackson Hole, Wyoming, for approximately $315 million in cash. The acquisition price represents a 13.6x EBITDA multiple or a cap rate of approximately 6.6% on the Resort’s 2022 estimated results. The Resort is expected to be one of Host’s top three assets based on estimated full year 2022 results, with RevPAR of $855, TRevPAR of $1,430, and EBITDA per key2 of $185,000, further improving the quality of the Company’s portfolio. The Resort is one of only a handful of luxury ski in / ski out...

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Western Midstream Partners, Enbridge and Plains Announce Cactus II Pipeline Transaction

HOUSTON, Nov. 02, 2022 (GLOBE NEWSWIRE) — Western Midstream Partners, LP (NYSE: WES) (“WES”), Enbridge Inc. (TSX: ENB) (NYSE: ENB) (“Enbridge”), and Plains All American Pipeline, L.P. and Plains GP Holdings (Nasdaq: PAA, PAGP) (“Plains”), today announced that certain of their subsidiaries closed a transaction whereby Enbridge and Plains purchased WES’s 15% interest in Cactus II Pipeline, LLC (“Cactus II”) for an aggregate amount of $265 million. Enbridge acquired 10% and Plains acquired 5% of Cactus II, with each paying a proportionate share of the purchase price. Plains and Enbridge are now the sole owners of Cactus II, with 70% and 30% respective ownership interests. Plains will continue to serve as operator. The Cactus II pipeline is a 26-inch diameter, 670,000 barrel-per-day oil pipeline that extends from the Delaware basin...

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