Yellow Corporation Provides Quarter-To-Date Operating Data for Fourth Quarter 2022

Written by Customer Service on December 9, 2022. Posted in Earnings Releases And Operating Results.

NASHVILLE, Tenn., Dec. 09, 2022 (GLOBE NEWSWIRE) — Yellow Corporation (NASDAQ: YELL) reported certain operating metrics for the first two months of fourth quarter 2022. For Yellow less-than-truckload (LTL), the percent changes 2022 from 2021 were: Shipments per Workday Weight per Shipment Tonnage per Workday Revenue per Hundredweight(a) Revenue per Shipment(a) October (20.8)% (3.9)% (23.9)% 23.6% 18.8% November (23.2)% (2.0)% (24.8)% 19.6% 17.1% QTD (22.0)% (3.0)% (24.3)% 21.6% 18.0% (a) Includes fuel surcharge In connection with its network optimization, without sacrificing geographical service coverage or anticipated impact to customers, Yellow plans to close and sell excess owned facilities that have overlapping service territories. In the fourth quarter 2022, the Company closed on the sale of one of these...

Sienna Maintains DBRS Ratings of “BBB” with Stable Trends

Written by Customer Service on December 9, 2022. Posted in Public Companies.

MARKHAM, Ontario, Dec. 09, 2022 (GLOBE NEWSWIRE) — Sienna Senior Living Inc. (“Sienna” or the “Company”) (TSX: SIA) announced the confirmation by DBRS of the Company’s Issuer Rating and Senior Unsecured Debentures rating of “BBB” with Stable trends. “Maintaining these credit ratings are a vote of confidence in the future of our Company and underscore the resiliency of our business in a more challenging economic climate,” said Nitin Jain, President & CEO. “The ratings are a reflection of our strong balance sheet and will support our operations as we strive to distinguish Sienna as an employer and operator of choice.” Forward-Looking Information Certain of the statements contained in this news release are forward-looking statements and are provided for the purpose of presenting information about management’s current expectations...

Brookfield Announces Upgrade to Debt Rating

Written by Customer Service on December 9, 2022. Posted in Public Companies.

BROOKFIELD, NEWS, Dec. 09, 2022 (GLOBE NEWSWIRE) — Brookfield Asset Management Inc. (NYSE: BAM, TSX: BAM.A) (“Brookfield”) today announced that it has received an upgrade on its senior unsecured debt rating from Moody’s to A3 from Baa1, reflecting the strengthening and resiliency of the inflation-linked cash flows generated across Brookfield’s three core pillars – Asset Management, Insurance Solutions and its Operating Businesses. This rating will apply to Brookfield Corporation, which will be the new name of Brookfield Asset Management Inc., after the completion of the public listing and distribution of a 25% interest in Brookfield’s asset management business. Nicholas Goodman, Chief Financial Officer, stated, “We are pleased that the continued growth in our three core pillars, the stability and resiliency of the cash flows we...

MAX Power Completes Upsized Non-Brokered Private Placement For $1.85 Million

Written by Customer Service on December 9, 2022. Posted in Public Companies.

VANCOUVER, British Columbia, Dec. 09, 2022 (GLOBE NEWSWIRE) — MAX Power Mining Corp. (CSE: MAXX) (“MAX Power” or the “Company”) is pleased to announce that it has completed an oversubscribed and upsized non-brokered private placement financing for total gross proceeds of $1,854,000 (the “Private Placement”). The Company has issued 3,708,000 units (the “Units”) at a price of CAD $0.50 per Unit. The Company had previously announced a $1,500,000 private placement on November 28, 2022. CEO Mr. Rav Mlait stated, “The completion of this private placement with strategic investors builds upon MAX Power’s already strong cash position as we actively review potential high-impact opportunities in the lithium sector.” Private Placement Terms Each Unit consists of one common share of the Company (each, a “Unit Share”) and one half of one common...

VEON issues supplemental Practice Statement Letter

Written by Customer Service on December 9, 2022. Posted in Public Companies.

Amsterdam, Netherlands, 9 December 2022 21:15 CET: VEON Ltd. (Nasdaq: VEON, Euronext Amsterdam: VEON) (“VEON” or, together with its subsidiaries, the “Group”), a global digital operator that provides converged connectivity and online services, and its subsidiary VEON Holdings B.V. (the “Company”) refer to the announcement dated 24 November 2022 relating to the launch of the Company’s proposed scheme of arrangement (the “Scheme”) in respect of the 5.95% notes due February 2023 and 7.25% notes due April 2023 issued by the Company (together, the “2023 Notes”) and the issuance of the Practice Statement Letter on the same date (the “Initial Practice Statement Letter”). The Company has today issued a supplemental Practice Statement Letter in connection with the Scheme (the “Supplemental Practice Statement Letter”). Capitalised terms used but...

Mondelēz International Declares Regular Quarterly Dividend of $0.385 per share

Written by Customer Service on December 9, 2022. Posted in Dividend Reports And Estimates.

CHICAGO, Dec. 09, 2022 (GLOBE NEWSWIRE) — The Board of Directors of Mondelēz International, Inc. (Nasdaq: MDLZ) today declared a regular quarterly dividend of $0.385 per share of Class A common stock. This dividend is payable on January 13, 2023, to shareholders of record as of the close of business on December 30, 2022. About Mondelēz International Mondelēz International, Inc. (Nasdaq: MDLZ) empowers people to snack right in over 150 countries around the world. With 2021 net revenues of approximately $29 billion, MDLZ is leading the future of snacking with iconic global and local brands such as Oreo, belVita and LU biscuits; Cadbury Dairy Milk, Milka and Toblerone chocolate; Sour Patch Kids candy and Trident gum. Mondelēz International is a proud member of the Standard and Poor’s 500, Nasdaq 100 and Dow Jones Sustainability Index....

VoltaGrid Announces the Acquisition of Pilot’s CNG Virtual Pipeline Assets and Closes New Revolving Credit Facility

Written by Customer Service on December 9, 2022. Posted in Mergers And Acquisitions.

HOUSTON, Dec. 09, 2022 (GLOBE NEWSWIRE) — VoltaGrid LLC (“VoltaGrid” and “Company”) and Pilot Company (“Pilot”) entered into and closed a definitive agreement for VoltaGrid to acquire substantially all assets of Pilot’s CNG compression, CNG virtual pipeline and CNG logistics platform (the “Acquisition”). Through the Acquisition, VoltaGrid will become the largest vertically integrated portable power generation and clean fuels platform in North America. The combined platform will provide a reliable and cost-effective solution to advance electric completions, remote mining decarbonization, utility grid reinforcements and hydrogen blending partnerships. The Company expects to significantly increase its footprint across the USA by developing a low carbon fuels network to decarbonize key oil & gas basins, active industrial regions,...

Texas Mineral Resources Announces Webinar to Discuss Geophysical Results of New Mexico’s Blackhawk Silver Mining District

Written by Customer Service on December 9, 2022. Posted in Public Companies.

SIERRA BLANCA, TX, Dec. 09, 2022 (GLOBE NEWSWIRE) — via NewMediaWire — Texas Mineral Resources Corp. (OTCQB: TMRC): · Webinar scheduled on December 22nd at 12 noon EST Texas Mineral Resources Corp. (TMRC), an exploration company currently targeting the rare earths, industrial and technology metals through its 20% ownership interest in the Round Top Mountain project in Texas and ongoing exploration initiatives, is pleased to announce that it has scheduled a webinar to discuss a detailed analysis of the geophysical results of the Time Domain Electro-Magnetic (TDEM) surveying of high-grade silver veins in the Black Hawk District, Grant County, New Mexico which, as previously reported, has yielded extremely encouraging results. Hosts: Dan Gorski, TMRC CEO and Anthony Marchese, TMRC ChairmanRegistration Link: https://us06web.zoom.us/webinar/register/WN_08iZO8J_Q32o-4s5AoLTRQ As...

HII Elects Leo Denault to Board of Directors

Written by Customer Service on December 9, 2022. Posted in Public Companies.

Leo Denault Leo Denault NEWPORT NEWS, Va., Dec. 09, 2022 (GLOBE NEWSWIRE) — HII (NYSE: HII) announced today that current executive chairman and former CEO of Entergy Corporation Leo Denault was elected to the company’s board of directors, effective Dec. 5, 2022. Denault has 40 years of experience in the power industry. He joined Entergy in 1999, serving initially as vice president of corporate development and then five years later as executive vice president and chief financial officer, before becoming CEO in 2013. He also served 18 years at Cinergy Corporation (known today as Duke Energy) in varying positions of responsibility, culminating as vice president of the company. “We are very pleased to welcome Leo to the board of HII,” said Kirk Donald, chairman of the board of HII. “He is a leader in the nation’s power business and...

Belpointe PREP, LLC Acquires New Opportunity Zone Property in Nashville, Tennessee

Written by Customer Service on December 9, 2022. Posted in Public Companies.

GREENWICH, Conn., Dec. 09, 2022 (GLOBE NEWSWIRE) — Belpointe PREP, LLC (NYSE American: OZ) (“Belpointe OZ” or the “Company”), a publicly traded qualified opportunity fund, announced today that it has completed the acquisition of a new development site in Nashville, Tennessee, for an aggregate purchase price of $16.2 million, exclusive of transaction costs. The approximately 5.92-acre site is located within an opportunity zone on the riverfront in East Nashville, Tennessee. This marks Belpointe OZ’s fifth investment in Nashville. Belpointe has partnered with CA South Development, which is a developer local to the Nashville market. The future development site will consist of multiple mixed-use buildings with varying heights, unit counts, and amenities. According to Costar Group, numerous companies such as Amazon.com, Inc., Oracle...

Day: December 9, 2022

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