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Day: November 16, 2022

Sdiptech AB (publ) completes a directed share issue and raises proceeds of SEK 506 million

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RGC Resources, Inc. Reports 2022 Earnings

ROANOKE, Va., Nov. 16, 2022 (GLOBE NEWSWIRE) — RGC Resources, Inc. (NASDAQ: RGCO) announced a consolidated Company net loss of $31,732,602 or $3.48 per share for the fiscal year ended September 30, 2022. The net loss reflects total after-tax impairment charges of approximately $40.9 million related to RGC Midstream, LLC’s (“Midstream”) investment in the Mountain Valley Pipeline, LLC (“MVP”). Underlying net income, a non-GAAP measure that excludes the impairment, was $9,178,942 or $1.01 per share, which compares to underlying earnings of $10,102,062 or $1.22 per share for the year ended September 30, 2021. Roanoke Gas continued executing its strategy of utility investment that increases system reliability and drives customer growth and earnings. CEO Paul Nester stated, “Utility margins increased $1.7 million, or 4%, on SAVE infrastructure...

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Ottawa Bancorp, Inc. Announces Third Quarter 2022 Results and Cash Dividend

OTTAWA, Ill., Nov. 16, 2022 (GLOBE NEWSWIRE) — Ottawa Bancorp, Inc. (the “Company”) (OTCQX: OTTW), the holding company for OSB Community Bank (the “Bank”), announced net income of $0.3 million, or $0.13 per basic and diluted common share, for the three months ended September 30, 2022, compared to net income of $0.8 million, or $0.29 per basic and diluted common share for the three months ended September 30, 2021. For the nine months ended September 30, 2022, the Company announced net income of $1.9 million, or $0.73 per basic and diluted common share, compared to net income of $2.1 million, or $0.76 per basic and $0.75 per diluted common share, for the nine months ended September 30, 2021. During the third quarter of 2022, the Company continued to grow the loan portfolio even though loan originations have tapered off significantly...

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NVIDIA Announces Financial Results for Third Quarter Fiscal 2023

NVIDIA Corp. headquarters NVIDIA is headquartered in Santa Clara, Calif.Data Center revenue of $3.83 billion, up 31% from a year ago Quarterly return to shareholders of $3.75 billionSANTA CLARA, Calif., Nov. 16, 2022 (GLOBE NEWSWIRE) — NVIDIA (NASDAQ: NVDA) today reported revenue for the third quarter ended October 30, 2022, of $5.93 billion, down 17% from a year ago and down 12% from the previous quarter. GAAP earnings per diluted share for the quarter were $0.27, down 72% from a year ago and up 4% from the previous quarter. Non-GAAP earnings per diluted share were $0.58, down 50% from a year ago and up 14% from the previous quarter. “We are quickly adapting to the macro environment, correcting inventory levels and paving the way for new products,” said Jensen Huang, founder and CEO of NVIDIA. “The ramp of our new platforms...

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One Liberty Properties Increases Industrial Property Portfolio With $17.2 Million Purchase

GREAT NECK, N.Y., Nov. 16, 2022 (GLOBE NEWSWIRE) — One Liberty Properties, Inc. (NYSE: OLP), an owner and manager of a primarily industrial portfolio along with other net leased assets that are geographically diversified, today announced that it increased its industrial property portfolio with the acquisition of two industrial warehouses with an aggregate of approximately 252,000 square feet and related trailer parking lot located on 18.2 acres in Northwood, Ohio, a suburb of Toledo for $17.2 million. The price includes the assumption of $6.0 million of mortgage debt with an interest rate of 3.57% and approximately 7.2 years of remaining term to maturity. The properties are leased to seven tenants, with one tenant accounting for approximately 47.7% of the aggregate annual base rent. The leases provide for an aggregate annual base...

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Diamondback Energy, Inc. Announces Northern Midland Basin Acquisition

Diamondback Announces Midland Basin Acquisition Pro Forma Midland Basin Acreage PositionMIDLAND, Texas, Nov. 16, 2022 (GLOBE NEWSWIRE) — Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback” or “the Company”) today announced that it has entered into a definitive purchase agreement to acquire all leasehold interest and related assets of Lario Permian, LLC, a wholly owned subsidiary of Lario Oil & Gas Company, and certain associated sellers (collectively “Lario”) in exchange for 4.18 million shares of Diamondback common stock and $850 million of cash. The cash portion of this transaction is expected to be funded through a combination of cash on hand, borrowings under the Company’s credit facility and/or proceeds from a senior notes offering. The cash outlay at closing is expected to be approximately $775 million due to the...

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Power Your Purpose With Marie Claire for Seventh Annual Power Trip

Powered by Chase, United Airlines, the Marie Claire Power Trip Took Place November 14-15 in Los Angeles Featured Speakers Included: Jessica Alba, Jessica Chastain, Carey Mulligan, Kelly Carmichael and More The Power Trip was Presented by FP Movement, Biossance, Simon G. and Fairmont Century Plaza and More LOS ANGELES, Nov. 16, 2022 (GLOBE NEWSWIRE) — Marie Claire hosted its seventh annual Power Trip November 14-15, connecting today’s most influential women across the U.S. for a 36-hour summit that begins in the sky. This year’s summit theme was “Power Your Purpose”, bringing women together to reprioritize what’s most important to them, whether it’s living a more purpose-driven life, leading a double-bottom line company, seeing more of the world, or meeting more interesting people. The invite-only event began with East Coast power...

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Farmers & Merchants Bancorp (OTCQX: FMCB) Announces Extension of the Share Repurchase Program

LODI, Calif., Nov. 16, 2022 (GLOBE NEWSWIRE) — The Board of Directors of Farmers & Merchants Bancorp (OTCQX: FMCB), a bank holding company headquartered in Lodi, California, announced that, effective immediately, the Company’s existing share repurchase program has been extended through December 31, 2024 and an additional $20 million in repurchases authorized during that period. The Company’s repurchase program was first established in 2008 and last extended in November 2021. Since November 2021 the Company has repurchased and retired 18,824 shares, representing approximately 2.38% of total shares outstanding, for a total of $17.9 million. Repurchases are made at market prices through open market purchases, trading plans established in accordance with SEC rules and privately negotiated transactions. Kent A. Steinwert, Chairman,...

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Glatfelter Corporation to Attend the Bank of America 2022 Leveraged Finance Conference

CHARLOTTE, N.C., Nov. 16, 2022 (GLOBE NEWSWIRE) — Glatfelter Corporation (NYSE: GLT) a leading global supplier of engineered materials, today announced that Ramesh Shettigar, Senior Vice President, Chief Financial Officer and Treasurer, will be participating in the Bank of America 2022 Leveraged Finance Conference, being held in Boca Raton, Florida, on Tuesday, November 29th and Wednesday, November 30th 2022. Glatfelter’s presentation will begin at 8:10 am EST on Tuesday the 29th. In addition, Mr. Shettigar will conduct one-on-one meetings with investors. A copy of the Company’s presentation will be available on Glatfelter’s Investors page located at Webcasts and Presentations – Glatfelter Engineered Materials. There will be no webcast for this presentation. About Glatfelter Glatfelter is a leading global supplier of engineered...

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Cerence to Announce Fourth Quarter and Fiscal Year 2022 Results and Host an Investor Day on November 29

BURLINGTON, Mass., Nov. 16, 2022 (GLOBE NEWSWIRE) — Cerence Inc. (NASDAQ: CRNC), AI for a world in motion, will announce its fourth quarter and fiscal year financial results for the quarter ended September 30, 2022 on Tuesday, November 29, 2022 at 8:00 a.m. Eastern Time / 5:00 a.m. Pacific Time. The company will host a live investor day in New York City and will also webcast the event, starting at 9:00 a.m. Eastern Time / 6:00 a.m. Pacific Time. The agenda for the investor day will include a review of Q4 and full fiscal year 2022 results and fiscal 2023 guidance. Additionally, the company will share Cerence’s market and growth strategy, a deeper dive into its technology roadmap and competitive position supporting the strategy, and the multi-year financial targets. Institutional investors and research analysts are invited to join...

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