Day: December 8, 2022
MONCTON, New Brunswick, Dec. 08, 2022 (GLOBE NEWSWIRE) — Major Drilling Group International Inc. (“Major Drilling” or the “Company”) (TSX: MDI), a leading provider of specialized drilling services to the mining sector, today reported results for the second quarter of fiscal 2023, ended October 31, 2022.
Quarterly HighlightsRevenue of $201.7 million, an increase of 18% over the same period last year.
EBITDA(1) of $43.0 million (or $0.52 per share), up 40% vs. same period last year.
Net earnings of $23.6 million (or $0.29 per share), up 65% vs. same period last year.
Net cash grew by $42.8 million during the quarter to $51.3 million.
Enhancement of fleet continues, replacing 11 drills with 14 new, more efficient models.
Growth of electrification market driving incremental demand for copper and battery metals.
Release of inaugural...
Clarification: Purpose Investments Clarifies Details Surrounding Fund Merger of Purpose Money Market Fund into Purpose High Interest Savings ETF
Written by Customer Service on . Posted in Mergers And Acquisitions.
TORONTO, Dec. 08, 2022 (GLOBE NEWSWIRE) — Purpose Investments Inc. (“Purpose”) announced on November 22, 2022, its proposal to merge Purpose Money Market Fund into Purpose High Interest Savings ETF (TSX ticker: PSA) as follows.Terminating Fund
Continuing FundPurpose Money Market FundClass A units (PFC2000)
Class F units (PFC2001)Purpose High Interest Savings ETF(to be renamed “Purpose High Interest Savings Fund”)ETF units (PSA)
Class A units (PFC8500)
Class F units (PFC8501)
Class I units (PFC8502)The Class A units and Class F units of Purpose High Interest Savings ETF were newly offered on November 24, 2022, and are now available for purchase.
The press release headline originally stated, “Purpose Investments Announces Fund Merger of Purpose Money Market Fund and Purpose High Interest Savings ETF and Name Change...
Certara Announces the Completion of Arsenal Capital Partners’ Investment and the Appointment of David Spaight to the Board of Directors
Written by Customer Service on . Posted in Public Companies.
Arsenal closed the previously announced $449M stock purchase from funds controlled by EQT Private Equity
PRINCETON, N.J., Dec. 08, 2022 (GLOBE NEWSWIRE) — Certara, Inc. (Nasdaq: CERT) today announced that Arsenal Capital Partners (“Arsenal”), a private equity firm specializing in investing in and building transformational healthcare companies, closed its previously announced $449 million new investment in Certara. David Spaight, an Operating Partner at Arsenal, has been appointed to Certara’s Board of Directors, effective immediately. Stephen McLean, a Senior Partner at Arsenal, will continue to serve on Certara’s Board of Directors.
As previously announced, in a separate agreement with the company, Arsenal has agreed to a two-year lock-up prohibiting any sale of the newly purchased shares without company authorization, reflecting...
Monthly information regarding the total number of voting rights and total number of shares of the Company as of November 30, 2022
Written by Customer Service on . Posted in Public Companies.
Monthly information regarding the total number of voting rights and total number of shares of the Company as of November 30, 2022
(Article 223-16 of the General Regulations of the Autorité des Marchés Financiers)
Market : NYSE Euronext Paris ISIN Code: FR 0010417345DateTotal number of shares
Total number of voting rights11/30/202294,137,145Total gross of voting rights: 94,137,145Total net* of voting rights: 93,966,891* Total net = total number of voting rights attached to shares – shares without voting rightsAttachment...
Costco Wholesale Corporation Reports First Quarter Fiscal Year 2023 Operating Results
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
ISSAQUAH, Wash., Dec. 08, 2022 (GLOBE NEWSWIRE) — Costco Wholesale Corporation (“Costco” or the “Company”) (Nasdaq: COST) today announced its operating results for the first quarter (twelve weeks) of fiscal 2023, ended November 20, 2022.
Net sales for the first quarter increased 8.1 percent, to $53.44 billion from $49.42 billion last year.
Comparable sales for the first quarter fiscal 2023 were as follows:
12 Weeks
12 Weeks
Adjusted*U.S.
9.3%
6.5%Canada
2.4%
8.3%Other International
-3.1%
9.1%
Total Company
6.6%
7.1%
E-commerce
-3.7%
-2.0%
*Excluding the impacts from changes in gasoline prices and foreign exchange.
Net income for the quarter was $1,364 million, $3.07 per diluted share, compared to $1,324 million, $2.98 per diluted share, last year. This...
CooperCompanies Announces Fourth Quarter and Full Year 2022 Results
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
SAN RAMON, Calif., Dec. 08, 2022 (GLOBE NEWSWIRE) — CooperCompanies (NYSE: COO) today announced financial results for its fiscal fourth quarter and full year ended October 31, 2022.Fourth quarter revenue increased 12% year-over-year to $848.1 million. Fiscal 2022 revenue increased 13% to $3,308.4 million.
Fourth quarter GAAP diluted earnings per share (EPS) of $1.32, down 89 cents or 40% from last year’s fourth quarter. Fiscal 2022 GAAP diluted EPS of $7.76, down 87% from fiscal 2021.
Fourth quarter Non-GAAP diluted EPS of $2.75, down 53 cents or 16% from last year’s fourth quarter. Fiscal 2022 non-GAAP diluted EPS of $12.42, down 6% from fiscal 2021. See “Reconciliation of Selected GAAP Results to Non-GAAP Results” below.Commenting on the results, Al White, Cooper’s President and CEO said, “We...
FlexShopper, Inc. Announces Purchase of Revolution Financial Inc. Assets
Written by Customer Service on . Posted in Mergers And Acquisitions.
BOCA RATON, Fla., Dec. 08, 2022 (GLOBE NEWSWIRE) — FlexShopper, Inc. (Nasdaq: FPAY) (“FlexShopper”), a leading national online lease-to-own retailer and financing solutions provider, today announced the purchase of certain assets of Revolution Financial Inc. and six affiliated entities. This purchase provides FlexShopper with 22 physical store locations, 78 virtual locations located within Liberty Tax stores and related digital assets in which FlexShopper will make available consumer financing solutions. This purchase is also the initial foray into a nationwide expansion of direct to consumer brick- and- mortar locations.
“This acquisition provides a head start on the operational capabilities to begin our nationwide rollout as part of the previously announced Liberty Tax partnership.” said Richard House, CEO of FlexShopper.
FlexShopper will...
DLH Strengthens Information Technology and Cyber Capabilities through Acquisition of GRSi
Written by Customer Service on . Posted in Public Companies.
Broadens Digital Transformation and IT Modernization Solutions, Paving Way for New Growth Opportunities; Webcast and Conference Call on December 13
ATLANTA, Dec. 08, 2022 (GLOBE NEWSWIRE) — DLH Holdings Corp. (NASDAQ: DLHC) (“DLH” or the “Company”), a leading provider of research and development, systems engineering and integration, and digital transformation solutions to federal agencies, today announced that it has acquired privately-held Grove Resource Solutions, Inc. (“GRSi”) of Bethesda, Maryland.
The firm, with approximately 700 employees, provides a broad array of cloud-based enterprise modernization and cyber security solutions to numerous civilian and military federal agencies, most notably the National Institutes of Health (NIH), U.S. Navy (USN), and U.S. Marine Corps (USMC), among others.
“We are thrilled to begin a...
Evan Sowers to Head Up Riverview Trust Company
Written by Customer Service on . Posted in Public Companies.
Evan Sowers
Evan Sowers to Head Up Riverview Trust CompanyVANCOUVER, Wash., Dec. 08, 2022 (GLOBE NEWSWIRE) — Riverview Bancorp, Inc. (Nasdaq GSM: RVSB) is pleased to announce that Evan Sowers has been named president and chief executive officer of Riverview Trust Company, a subsidiary of Riverview Bank.
Evan has more than 22 years of experience working in finance, trusts and investments, as well as consumer, small business and commercial banking. Most recently, Evan was the managing director of private banking and wealth management, as well as market executive where he led the region for a large trust company in the Midwest.
“Evan’s wide range of financial experience in banking and wealth management made him an obvious choice to lead Riverview Trust Company,” said Kevin Lycklama, President and Chief Executive Officer of Riverview...
Martinrea International Inc. Welcomes Peter Hall as Senior Advisor
Written by Customer Service on . Posted in Public Companies.
TORONTO, Dec. 08, 2022 (GLOBE NEWSWIRE) — Martinrea International Inc. (TSX: MRE), a diversified and global automotive supplier engaged in developing and manufacturing highly engineered, value-added Lightweight Structures and Propulsion Systems, has retained Peter Hall, former Chief Economist of Export Development Canada (EDC) as a Senior Advisor. In this role, Mr. Hall will provide regular commentary on a wide range of issues impacting Canadian market conditions, global economic issues, and market-specific categories important to Martinrea and its key stakeholders.
“Peter is an expert at understanding the global economy and its interaction with geopolitical environments,” said Rob Wildeboer, Executive Chairman of Martinrea International Inc. “He is a seasoned forecaster with a solid track record of capturing major movements, all...