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Year: 2022

FEMSA and Coca-Cola FEMSA Announce Senior Leadership Changes

Ian Craig to succeed John Santa María as CEO of Coca-Cola FEMSAConstantino Spas to succeed Alfonso Garza as CEO of FEMSA Strategic Businesses MONTERREY, Mexico and MEXICO CITY, Oct. 13, 2022 (GLOBE NEWSWIRE) — Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) and Coca-Cola FEMSA, S.A.B. de C.V. (“Coca-Cola FEMSA”) (NYSE: KOF; BMV: KOF UBL), announced today that in accordance with their careful and deliberate senior leadership succession planning processes, and consistent with previously established timeframes, John Santa Maria Otazua will retire from his position as Coca-Cola FEMSA’s Chief Executive Officer on January 1, 2023. Accordingly, Coca-Cola FEMSA’s Board of Directors has appointed Ian Craig García, currently CEO of Coca-Cola FEMSA Brazil, to become Coca-Cola FEMSA’s Chief Executive...

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FinWise Chairman, Russell F. Healey, Jr. Announces Retirement

MURRAY, Utah, Oct. 13, 2022 (GLOBE NEWSWIRE) — FinWise Bancorp and FinWise Bank (“FinWise”) announced today the retirement of Chairman of the Board of Directors, Russell “Fred” Healey, Jr. effective as of 10/6/22. Mr. Healey steps down after nearly two decades of service to the bank, and 12 years as Chairman. Kent Landvatter, CEO and President, has been named as Chairman of both FinWise Bancorp and FinWise Bank. “Fred’s knowledge and experience in banking, finance and general business strengthened our board of directors’ collective qualifications, skills and experience and his leadership and impact on the bank have been immeasurable – he will be missed,” said Kent Landvatter, CEO of FinWise Bank. “On a personal note, one of the most satisfying and rewarding aspects of my own career has been the opportunity to work with Fred as...

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Northland Power Announces Its Third Quarter 2022 Financial Results Release Date and Provides Investor Call and Webcast Details

TORONTO, Oct. 13, 2022 (GLOBE NEWSWIRE) — Northland Power Inc. (“Northland”) (TSX: NPI) announces it will release its 2022 third quarter financial results after market close on Wednesday, November 9, 2022. Northland’s management will hold an investor conference call and webcast at 10 a.m. Eastern Time (ET) on Thursday, November 10, 2022, followed by a question and answer period with analysts. Conference call details: Date: Thursday, November 10, 2022 Start Time: 10:00 a.m. ET Participants wishing to join the call and ask questions must register using the following URL below: https://register.vevent.com/register/BI781c431021bd43b4884409b9b5d32f84 For all other attendees, the call will be broadcast live on the internet, in listen-only mode and can be accessed using the following link: Webcast URL: https://edge.media-server.com/mmc/p/4o86pc5c For...

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Hudbay Announces Senior Management Appointments

TORONTO, Oct. 13, 2022 (GLOBE NEWSWIRE) — Hudbay Minerals Inc. (“Hudbay” or the “company”) (TSX, NYSE: HBM) is pleased to announce senior management team appointments. Eugene Lei has been appointed as Senior Vice President and Chief Financial Officer, transitioning from Steve Douglas, who is departing the company. In addition, Mark Gupta has been promoted to Vice President, Corporate Development. “I would like to congratulate Eugene and Mark on their appointments,” said Peter Kukielski, Hudbay’s President and Chief Executive Officer. “Eugene brings a critical long-term strategic perspective to the finance role, which will serve us well as we focus on deleveraging and improving the balance sheet while pursuing our growth strategy with financial discipline. Mark’s corporate development and capital planning experience positions him...

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NFT.com Releases v0.11 of Beta as Platform Moves Closer to General Access

TORONTO, Oct. 13, 2022 (GLOBE NEWSWIRE) — Immutable Holdings Inc. (NEO: HOLD) (“Immutable Holdings” or the “Company”), a publicly-traded blockchain holding company, is pleased to announce NFT.com’s release of version 0.11 of its beta. The release included a number of user interface (“UI”) improvements centered around displaying non-fungible token (“NFT”) metadata and other user experience (“UX”) enhancements for NFT.com profiles. General performance enhancements to overall speed optimization of the platform were also included. This marks the eleventh release of NFT.com’s beta since it was initially made available in May 2022. NFT.com currently operates its beta in private, made accessible to those users that hold a Genesis Key within their Web3 wallets. The Genesis Keys represent a unique fully animated NFT collection launched...

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Goodfellow Reports Its Results for the Third Quarter Ended August 31, 2022 and Declares Dividend

DELSON, Quebec, Oct. 13, 2022 (GLOBE NEWSWIRE) — Goodfellow Inc. (TSX: GDL) (the “Company” or “Goodfellow”) announced today its financial results for the third quarter ended August 31, 2022. The Company reported net earnings of $10.6 million or $1.24 per share compared to net earnings of $10.0 million or $1.17 per share a year ago. Consolidated sales for the three months ended August 31, 2022 were $167.6 million compared to $168.0 million last year. For the nine months ended August 31, 2022, the Company reported net earnings of $28.2 million or $3.30 per share compared to net earnings of $27.8 million or $3.24 per share a year ago. Consolidated sales were $481.9 million compared to $472.9 million last year. Results for the third quarter of fiscal 2022 were characteristic for this period where seasonal demand is historically strong,...

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Targa Resources Corp. Announces Quarterly Dividend and Timing of Third Quarter 2022 Earnings Webcast

HOUSTON, Oct. 13, 2022 (GLOBE NEWSWIRE) — Targa Resources Corp. (NYSE: TRGP) (“Targa” or the “Company”) announced its quarterly dividend on common shares with respect to the third quarter of 2022. Targa announced today that its board of directors has declared a quarterly cash dividend of $0.35 per common share, or $1.40 per common share on an annualized basis, for the third quarter of 2022. This cash dividend will be paid November 15, 2022 on all outstanding common shares to holders of record as of the close of business on October 31, 2022. The Company will report its third quarter 2022 financial results before the market opens for trading on Thursday, November 3, 2022 and will host a live webcast over the internet at 11:00 a.m. Eastern Time (10:00 a.m. Central Time) to discuss its 2022 third quarter financial...

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P10 Completes Acquisition of Western Technology Investment, Market Leader in Venture Debt

DALLAS, Oct. 13, 2022 (GLOBE NEWSWIRE) — P10, Inc. (NYSE: PX) (“P10” or the “Company”), a leading private markets solutions provider, today announced it has completed its previously announced acquisition of all of the outstanding membership interests of Westech Investment Advisors LLC, a California limited liability company (“WTI”) (the “Acquisition” or “Transaction”) through its subsidiary, P10 Intermediate Holdings LLC, for a purchase price consisting of $97,000,008 in cash and an aggregate of 3,916,666 membership units of P10 Intermediate Holdings, LLC, which can be exchanged into 3,916,666 shares of P10 common stock, following applicable restrictive periods. P10 expects WTI to contribute more than $12.5 million in Adjusted EBITDA in its first full year following the closing. Moreover, assuming current and historic deployment...

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Biomerica Reports 30% Increase in Revenues for Fiscal Q1 2023 vs. Fiscal Q1 2022

Notice of Patent Allowance in Australia containing broad claims pertaining to treating ADD/ADHD using the InFoods®Technology Notice of Patent Allowance in Japan containing broad claims pertaining to treating Depression using the InFoods® TechnologyIRVINE, Calif., Oct. 13, 2022 (GLOBE NEWSWIRE) — Biomerica, Inc. (Nasdaq: BMRA), a global provider of advanced medical products, today reported net sales for the three months ended August 31, 2022 of $1.67 million, versus net sales of $1.26 million for the same period in the previous year, a 30% increase. Net loss for the quarter ended August 31, 2022 was $2.0 million, or $0.16 per share, compared to a net loss of $1.5 million, or $0.12 per share for the same period in the previous year. Sales, general and administrative expenses for the three months ended August 31, 2022 were $1.65...

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Canoe EIT Income Fund Announces October 2022 Distribution

CALGARY, Alberta, Oct. 13, 2022 (GLOBE NEWSWIRE) — Canoe EIT Income Fund (the “Fund”) (TSX – EIT.UN) announces the October 2022 distribution of $0.10 per unit. The distribution will be paid on November 15, 2022 to unitholders of record on October 21, 2022. The ex-distribution date for this distribution is October 20, 2022. About Canoe EIT Income FundCanoe EIT Income Fund is one of Canada’s largest closed-end investment funds, designed to maximize monthly distributions and capital appreciation by investing in a broadly diversified portfolio of high quality securities. The Fund is listed on the TSX under the symbols EIT.UN, EIT.PR.A and EIT.PR.B, and is actively managed by Robert Taylor, Senior Vice President and Chief Investment Officer, Canoe Financial. About Canoe Financial Canoe Financial is one of Canada’s fastest growing...

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