Day: November 22, 2022

BrewBilt Brewing’s Craft Beers on Trend to Target $20M In Annual Sales and $100M in Potential Franchise Discussions

Written by Customer Service on November 22, 2022. Posted in Earnings Releases And Operating Results.

GRASS VALLEY, CA, Nov. 22, 2022 (GLOBE NEWSWIRE) — via NewMediaWire — Today BrewBilt Brewing Company (the “Company”) (OTCPINK: BRBL) announces that based upon craft brewery trends and recent events with the largest grocery store chains the Company can target $20M in annual revenue. Craft brewery companies and startups provide solid data that indicates positive and aggressive growth based on their funding history, investment activities, and acquisition trends. BrewBilt Brewing’s growth trends in the past five months are steady and strong. CEO Jef Lewis stated, “We are now proud to be an Albertsons/Safeway and Grocery Outlet craft beer supplier. Our first sales began on July 19, 2022, less than five months ago. Other well-known breweries performed very well in their first two years of production such as the sales...

Global Stainless-Steel Market to Generate Revenue of $207.94 billion by 2028 | Economic Slowdown and Looming Recession could Limit Market Growth

Written by Customer Service on November 22, 2022. Posted in Mergers And Acquisitions.

Global stainless-steel market was valued at USD 112.3 Billion in 2021, and it is expected to reach a value of USD 207.94 Billion by 2028, at a CAGR of 9.4 % over the forecast period (2022-2028). Westford, USA, Nov. 22, 2022 (GLOBE NEWSWIRE) — SkyQuest has released its latest report on stainless steel market, which outlines the continued growth of this key market sector. In 2021, global stainless-steel output was estimated at 56.3 million metric tons (MT), up 10.6% from the previous year. Annual growth rates are expected to average around 5% until the forecast period. The main drivers of stainless-steel production are continuing demand in key markets such as construction and engineering, automotive, food processing and packaging, and oil & gas extraction. Major players in this market include Tenaris, SSAB AB, Schaeffler Group...

HWNI Enters into an Agreement to Raise up to $10 Million

Written by Customer Service on November 22, 2022. Posted in Public Companies.

$6 Million has been completed of an up to $10 Million Private Investment in Public Equity ( PIPE ) . The offering is expected to be closed out early December. BATAVIA, Ill., Nov. 22, 2022 (GLOBE NEWSWIRE) — High Wire Networks Inc. (the “Company” or “High Wire”) (OTCQB: HWNI), announced today it has entered into a common stock purchase agreement via a PIPE capital raise at 0.075 cents per share. The capital raise will accomplish the following strategic goals:Provides the working capital structure for the company to invest in the success of existing partners and clients to continue to fuel the growth of the Company with an emphasis on Managed Services Eliminates over $4.5 million of debt immediately eliminating potential conversion of over 75 million shares Eliminates over 5.4 million warrants Provides significant...

TEN Ltd Reports Strong Results for the Third Quarter and Nine Months Ended September 30, 2022

Written by Customer Service on November 22, 2022. Posted in Earnings Releases And Operating Results.

600% increase in nine-month operating income Three-fold net income rise to $103 million in first nine months of 2022 50% increase in dividend payment. Total payments of $500 million since 2002 New strategic partnership with major energy company Market fundamentals remain positive ATHENS, Greece, Nov. 22, 2022 (GLOBE NEWSWIRE) — TEN, Ltd (TEN) (NYSE: TNP) (the “Company”) today reported results (unaudited) for the nine months and third quarter ended September 30, 2022. NINE MONTHS 2022 SUMMARY RESULTSIn the first nine months of 2022, TEN’s modern and diversified fleet generated gross revenues of $590 million, $183 million higher than the 2021 first nine-months, reflecting the strength of the tanker markets. Operating income climbed to $134 million, a six-fold increase. Net income for the first nine months of 2022 exceeded $103 million...

Zapp, a High Performance Two-Wheel Electric Vehicle Company, to Become Publicly Traded via Business Combination with CIIG Capital Partners II

Written by Customer Service on November 22, 2022. Posted in Mergers And Acquisitions.

Zapp’s First Product, the i300 Performance City Bike, with its Carbon Composite Body, Delivers Premium Performance Capabilities to Urban Mobility Riders Unique Charging Solution with Ultra-Lightweight (6kg) Portable Battery Pack that can be Charged via any Standard 220v/110v Wall Socket Innovative Exoskeleton Architecture Integrates Zapp’s Design DNA, Provides Superior Performance Relative to Powered Two-Wheeler (“P2W”) Peers, Reduces Overall Components and Simplifies Manufacturing Assembly Strategic Manufacturing Partnership with Summit Group Already in Place and at Start of Production Asset-Light, Capital Efficient Business Model Aims to Achieve Near-Term Positive Free Cash Flow Estimated Post-Transaction Enterprise Value of $573 Million with up to $274 Million in Net Cash to Fund Growth Assuming No Redemptions by CIIG II stockholders;...

Warner Music Group Corp. Reports Results for Fiscal Fourth Quarter and Full Year Ended September 30, 2022

Written by Customer Service on November 22, 2022. Posted in Earnings Releases And Operating Results.

Financial HighlightsStrong Quarterly Performance Highlighted by Growth across All Revenue Lines and Margin Expansion in Constant Currency Solid Double-Digit Growth in Adjusted OIBDA and Adjusted EBITDA for the Quarter and Full Year Continued Momentum in Music Publishing with Double-Digit Revenue Growth Robust Operating Cash Flow Growth Which Outperformed Full-Year ExpectationsFor the three months ended September 30, 2022Total revenue grew 9% or 16% in constant currency Digital revenue grew 7% or 12% in constant currency Net income was $150 million versus $30 million in the prior-year quarter OIBDA increased 37% to $245 million versus $179 million in the prior-year quarter or 52% in constant currency Adjusted OIBDA increased 22% to $265 million versus $218 million in the prior-year quarter or 33% in constant currency Adjusted EBITDA...

Alpine Income Property Trust Declares Dividend For the Fourth Quarter 2022

Written by Customer Service on November 22, 2022. Posted in Dividend Reports And Estimates.

WINTER PARK, Fla., Nov. 22, 2022 (GLOBE NEWSWIRE) — Alpine Income Property Trust, Inc. (NYSE: PINE) (the “Company”) announced today that its Board of Directors has authorized, and the Company has declared a quarterly cash dividend of $0.275 per share of common stock for the fourth quarter of 2022 (the “Common Stock Cash Dividend”). The Common Stock Cash Dividend represents a 1.9% year-over-year increase as compared to the Company’s fourth quarter 2021 common stock cash dividend and an annualized yield of approximately 5.9% based on the closing price of the common stock on November 21, 2022. The Common Stock Cash Dividend is payable on December 30, 2022 to stockholders of record as of the close of business on December 12, 2022 and the ex-dividend date for the Common Stock Cash Dividend is December 9, 2022. About Alpine Income Property...

CTO Realty Growth Declares Dividends For the Fourth Quarter 2022

Written by Customer Service on November 22, 2022. Posted in Dividend Reports And Estimates.

WINTER PARK, Fla., Nov. 22, 2022 (GLOBE NEWSWIRE) — CTO Realty Growth, Inc. (NYSE: CTO) (the “Company” or “CTO”) announced today that its Board of Directors has authorized, and the Company has declared a quarterly cash dividend of $0.38 per share of common stock for the fourth quarter of 2022 (the “Common Stock Cash Dividend”). The Common Stock Cash Dividend represents a 14.0% year-over-year increase as compared to the Company’s fourth quarter 2021 common stock cash dividend and an annualized yield of approximately 7.5% based on the closing price of the common stock on November 21, 2022. The Common Stock Cash Dividend is payable on December 30, 2022 to stockholders of record as of the close of business on December 12, 2022 and the ex-dividend date for the Common Stock Cash Dividend is December 9, 2022. The Board of Directors also...

Navios Maritime Holdings Inc. Reports Financial Results for the Third Quarter and Nine Months Ended September 30, 2022

Written by Customer Service on November 22, 2022. Posted in Earnings Releases And Operating Results.

Net Income$39.0 million in Q3 2022 $78.9 million in 9M 2022Cash from operating activities$41.3 million cash provided by operating activities in Q3 2022 $127.4 million cash provided by operating activities in 9M 2022EBITDA, a non-GAAP measure$149.9 million in Q3 2022 $322.5 million in 9M 2022Completion of Tender Offer for American Depositary Shares (“ADSs”) in respect of the Company’s Series G and H Preferred Stock$9.2 million cash consideration paid 604,343, or 26.2%, of outstanding Series G and H ADS tenderedRevenue from Logistics Business$74.4 million in Q3 2022 vs $63.5 million in Q3 2021 $202.8 million in 9M 2022 vs $174.3 million in 9M 2021Management Succession for Logistics BusinessGRAND CAYMAN, Cayman Islands, Nov. 22, 2022 (GLOBE NEWSWIRE) — Navios Maritime Holdings Inc. (“Navios Holdings”...

Mining Equipment Market Size Worth USD 151.25 Billion, Globally, by 2028 at 4% CAGR: Fortune Business Insights™

Written by Customer Service on November 22, 2022. Posted in Mergers And Acquisitions.

The mining equipment market was valued USD 112.23 billion in 2020. The global market size is projected to reach USD 151.25 billion by 2028; it is estimated to grow at a CAGR of 4% from 2021 to 2028. Pune, India, Nov. 22, 2022 (GLOBE NEWSWIRE) — The global mining equipment market size is expected to grow from USD 114.61 billion in 2021 and is projected to reach USD 151.25 billion by 2028, exhibiting a CAGR of 4% during the forecast period from 2021-2028. This information is provided by Fortune Business Insights, in its report, titled, “Mining Equipment Market, 2021-2028.” According to our analysts, the rising application of these equipment is to satisfy the augmenting demand from energy, power to infrastructure enhancement. For example, rise in the usage of these equipment in building and structuring of railway tracks & roads...

Day: November 22, 2022

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