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Year: 2022

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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Identity as a Service (IDaaS) Market Size worth $16.8 billion by 2027 – Report by MarketsandMarkets™

INCREASING NUMBER OF IDENTITY THEFTS ACROSS VERTICALS TO FUEL MARKET GROWTH Chicago, Nov. 02, 2022 (GLOBE NEWSWIRE) — The Global IDaaS Market size is estimated to be USD 5.6 billion in 2022 and is projected to reach USD 16.8 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 24.7% during the forecast period. Government initiatives and regulations supporting digital identity transformation, Government regulations and the need for compliance, and the rise in identity and authentication frauds are some factors driving the market growth. Browse in-depth TOC on “IDaaS Market“ 304 – Tables 40 – Figures 292 – Pages Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=32235637 Scope of the ReportReport Metrics DetailsMarket size available for years 2016 –...

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Altra Industrial Motion Corp. Announces Fourth Quarter 2022 Dividend

BRAINTREE, Mass., Nov. 02, 2022 (GLOBE NEWSWIRE) — Altra Industrial Motion Corp. (Nasdaq: AIMC), a leading global manufacturer and supplier of motion control, power transmission and automation products, today announced that its Board of Directors has approved the payment of a quarterly cash dividend of $0.09 per share for the fourth quarter of 2022. The fourth quarter 2022 dividend is the forty-third consecutive dividend in the Company’s history. The dividend will be paid on January 3, 2023 to shareholders of record as of the close of business on December 16, 2022. Future declarations of quarterly cash dividends are subject to approval by the Board of Directors and to the Board’s continuing determination that the declaration of dividends is in the best interests of Altra’s shareholders and is in compliance with all...

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Calavo Growers Moves to Quarterly Dividend and Declares Fiscal First Quarter Dividend

SANTA PAULA, Calif., Nov. 02, 2022 (GLOBE NEWSWIRE) — Calavo Growers, Inc. (Nasdaq: CVGW), a global avocado-industry leader and provider of value-added fresh food, announced that it will begin declaring and paying dividends on a quarterly basis rather than annually as has been its practice. Calavo’s Board of Directors declared a quarterly dividend of $0.2875 payable on December 14, 2022 for shareholders of record as of the close of business on November 16, 2022. “Our move to a quarterly dividend improves our financial flexibility and aligns with common practice,” said Steven Hollister, Chairman of the Board of Directors. “There has been no change in the amount of the dividend on an annualized basis.” Calavo has paid a cash dividend consistently since the company became public in 2002. About Calavo Growers, Inc.Calavo Growers, Inc....

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Carbon Capture, Utilization, and Storage Market is Projected to Gain $4.9 billion by 2027 Globally, at a CAGR of 15.1%, says MarketsandMarkets™

Increasing Investments in Developing newer and Efficient Technology for Carbon Capture, Storage, and Transportation Chicago, Nov. 02, 2022 (GLOBE NEWSWIRE) — The global “Carbon Capture, Utilization, and Storage Market size is projected to grow from USD 2.4 billion in 2022 to USD 4.9 billion by 2027, at a CAGR of 15.1% during the forecast period, as per the recent study by MarketsandMarkets™. The increasing use of carbon Capture, Utilization, and Storage in oil & gas industry is one of the most significant factors projected to drive the growth of the carbon Capture, Utilization, and Storage market. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=151234843 Browse in-depth TOC on “Carbon Capture, Utilization, and Storage Market” 267 – Market Data Tables 65 – Figures...

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Costamare Inc. Reports Results for the Third Quarter and Nine-Month Period Ended September 30, 2022

MONACO, Nov. 02, 2022 (GLOBE NEWSWIRE) — Costamare Inc. (“Costamare” or the “Company”) (NYSE: CMRE) today reported unaudited financial results for the third quarter (“Q3 2022”) and nine-months ended September 30, 2022.RECORD PROFITABILITY IN A THIRD QUARTER SINCE NYSE LISTINGQ3 2022 Net Income available to common stockholders of $107.6 million ($0.89 per share) vs $107.4 million ($0.87 per share) in Q3 2021. Q3 2022 Adjusted Net Income available to common stockholders1 of $107.4 million ($0.88 per share) vs $81.5 million ($0.66 per share) in Q3 2021. Q3 2022 liquidity of $897.3 million2 vs $557.8 million in Q3 2021.ELEVEN NEW CHARTER ARRANGEMENTS WITH FORWARD START – FULLY EMPLOYED CONTAINERSHIP FLEET3 FOR THE YEAR AHEADChartered 11 containerships on a forward basis with a leading liner company. More specifically:Six...

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Grupo Aeroportuario del Pacifico Announces the Payment Date of the Second Installment of the Dividend Approved at the Ordinary Shareholders´ Meeting

GUADALAJARA, México, Nov. 01, 2022 (GLOBE NEWSWIRE) — Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE: PAC; BMV: GAP) (“the Company” or “GAP”) announced that on November 17th, 2022, the Company will complete the second and final portion of the dividend payment equivalent to Ps. 7.20 (SEVEN PESOS 20/100 M.N.) per each outstanding share, approved at the Annual General Ordinary Shareholders’ Meeting held on April 22nd, 2022. With this payment, the Company fully complies with the dividend distributions as approved at the Annual General Ordinary Shareholders’ Meeting. Company Description Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (GAP) operates 12 airports throughout Mexico ’s Pacific region, including the major cities of Guadalajara and Tijuana, the four tourist destinations of Puerto Vallarta, Los Cabos, La Paz and Manzanillo,...

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Guggenheim Investments Announces November 2022 Closed-End Fund Distributions

NEW YORK, Nov. 01, 2022 (GLOBE NEWSWIRE) — Guggenheim Investments today announced that certain closed-end funds have declared their distributions. The table below summarizes the distribution schedule for each closed-end fund (collectively, the “Funds” and each, a “Fund”). The following dates apply to the distributions:Record Date November 15, 2022Ex-Dividend Date November 14, 2022Payable Date November 30, 2022Distribution ScheduleNYSE Ticker Closed-End Fund Name Distribution Per Share Change from Previous Distribution FrequencyAVK Advent Convertible and Income Fund $0.1172†   MonthlyGBAB Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust $0.12573†   MonthlyGOF Guggenheim Strategic Opportunities Fund $0.1821†   MonthlyGUG Guggenheim Active Allocation Fund $0.11875††   Monthly† A...

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