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Month: January 2023

IHT DECLARES 53RD CONSECUTIVE ANNUAL DIVIDEND AS PROFITS CONTINUE TO REMAIN POSITIVE

Phoenix, AZ, Jan. 05, 2023 (GLOBE NEWSWIRE) — On January 5, 2023, the Board of Trustees of InnSuites Hospitality Trust (NYSE Am: IHT), announced a semi-annual dividend of $0.01 per share payable on February 3, 2023, to shareholders of record as of January 20, 2023, extending an uninterrupted continuous 53-year history of annual dividends. InnSuites Hotel operations continue to remain profitable, while the UniGen diversified efficient clean energy investment continues to progress. For more information, visit www.innsuitestrust.com and www.innsuites.com. Forward-Looking Statements With the exception of historical information, matters discussed in this news release may include “forward-looking statements” within the meaning of the federal securities laws. IHT expressly disclaims any obligation to update any forward-looking statement...

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R1 RCM Announces Leadership Appointments; Reaffirms 2022 Guidance and Announces 2023 Outlook

Jennifer Williams Appointed Chief Financial Officer; Kyle Hicok Appointed Chief Commercial Officer MURRAY, Utah, Jan. 05, 2023 (GLOBE NEWSWIRE) — R1 RCM Inc. (NASDAQ: RCM) (“R1” or the “Company”), a leading provider of technology-driven solutions that transform the patient experience and financial performance of healthcare providers, today announced the appointments of Jennifer Williams as Chief Financial Officer and Kyle Hicok as Chief Commercial Officer, effective immediately. Ms. Williams and Mr. Hicok succeed Rachel Wilson and Gary Long, respectively, who will step down from their roles and remain with the Company in advisory roles to ensure a seamless transition. Ms. Williams, who previously served as Chief Financial Officer of Cloudmed, brings more than 20 years of financial planning, accounting, M&A and operational...

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American Assets Trust, Inc. Increases Borrowings and Extends Maturity Date in its Amended and Restated Term Loan Agreement

SAN DIEGO, Jan. 05, 2023 (GLOBE NEWSWIRE) — American Assets Trust, Inc. (NYSE:AAT) (the “Company”) announced today that it has amended and restated its existing term loan agreement. The term loan agreement was amended and restated to, among other things, (1) increase the fully-drawn borrowings from $150 million to $225 million, (2) extend the maturity date from March 1, 2023 to January 5, 2025 (with one, twelve-month extension option) and (3) transition borrowings to the Secured Overnight Financing Rate (SOFR), and away from LIBOR. The $225 million term loan is unsecured. Prior to amending and restating the term loan agreement, the Company entered into interest rate swaps that are intended to fix the interest rate on the $225 million term loan at approximately (1) 5.47% for the first year of the amended and restated term loan and...

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Tejon Ranch Co. and Majestic Realty Co. Joint Venture Announce Pre-Lease of Upcoming Industrial Building at the Tejon Ranch Commerce Center (TRCC)

Major apparel company to relocate and consolidate operations from Los Angeles area TEJON RANCH, Calif., Jan. 05, 2023 (GLOBE NEWSWIRE) — The partnership of Tejon Ranch Co. (NYSE: TRC) and Majestic Realty Co. today announced it has secured—in advance of construction– a full-building lease of the next industrial facility planned for its growing portfolio of industrial properties. The 446,000-square-foot industrial distribution facility will be occupied by Sunrise Brands, a leading designer, producer, distributor, and retailer of both branded and private-label apparel. This newest transaction comes on the heels of the joint venture completing and leasing an adjacent 629,274-square foot distribution center at TRCC to a major retailer. Construction of the new building leased to Sunrise Brands is expected to begin in the first...

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Hersha Hospitality Trust to Report Fourth Quarter 2022 Earnings on February 15, 2023

PHILADELPHIA, Jan. 05, 2023 (GLOBE NEWSWIRE) — Hersha Hospitality Trust (NYSE: HT) (“Hersha” or the “Company”), owner of luxury and lifestyle hotels in coastal gateway and resort markets, today announced that the Company will release its financial results for the fourth quarter 2022 after the market close on Wednesday, February 15, 2023. The Company will host a conference call to discuss these results at 9:00 AM Eastern Time on Thursday, February 16, 2023. Hosting the call will be Mr. Neil H. Shah, President and Chief Executive Officer, and Mr. Ashish Parikh, Chief Financial Officer. A live audio webcast of the conference call will be available on the Company’s website at www.hersha.com. The conference call can be accessed by dialing 1-844-200-6205 or 1-929-526-1599 for international participants and entering the passcode 899170...

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Duck Creek Technologies Announces First Quarter Fiscal 2023 Financial Results

First Quarter Fiscal 2023 Subscription revenue increased to $43.8 million, up 23% year-over-year SaaS Annual Recurring Revenue (“SaaS ARR”) increased to $180.6 million, up 24% year-over-yearBOSTON, Jan. 05, 2023 (GLOBE NEWSWIRE) — Duck Creek Technologies (NASDAQ: DCT), the intelligent SaaS solutions provider defining the future of property and casualty (“P&C”) insurance, today announced its financial results for the first quarter ended November 30, 2022. “Duck Creek started fiscal 2023 strong, highlighted by nine SaaS wins for a variety of core and strategic insurance solutions with new and existing carrier customers of all sizes. We believe customer interest in core systems modernization will continue to be a top investment priority in the P&C industry and is viewed as essential to their success,” said Michael Jackowski,...

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Kura Sushi USA Announces Fiscal First Quarter 2023 Financial Results

IRVINE, Calif., Jan. 05, 2023 (GLOBE NEWSWIRE) — Kura Sushi USA, Inc. (“Kura Sushi” or the “Company”) (NASDAQ: KRUS), a technology-enabled Japanese restaurant concept, today announced financial results for the fiscal first quarter ended November 30, 2022. Fiscal First Quarter 2023 Highlights        Total sales were $39.3 million, compared to $29.8 million in the first quarter of 2022; Comparable restaurant sales increased 6.9% for the first quarter of 2023 as compared to the first quarter of 2022; Operating loss was $2.2 million, compared to operating loss of $1.3 million in the first quarter of 2022; Net loss was $2.1 million, or $(0.21) per diluted share, compared to net loss of $1.3 million, or $(0.13) per diluted share, in the first quarter of 2022; Restaurant-level operating profit* was $7.2 million, or 18.2% of sales; Adjusted...

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Sensus Healthcare Announces Preliminary Fourth Quarter 2022 Revenues

Fourth quarter revenues to exceed $13 million; full year revenues to exceed $44 million, representing growth of 60% BOCA RATON, Fla, Jan. 05, 2023 (GLOBE NEWSWIRE) — Sensus Healthcare, Inc. (Nasdaq: SRTS), a medical device company specializing in highly effective, non-invasive, minimally-invasive and cost-effective treatments for oncological and non-oncological conditions, today reports preliminary 2022 fourth quarter and full year revenues. Preliminary revenues for the three months ended December 31, 2022 are expected to exceed $13 million.  For the full year 2022, revenues are expected to exceed $44 million, representing growth of approximately 60% over 2021.  Fourth quarter 2022 revenues are expected to include more than $500,000 from the company’s aesthetics business.  Sensus also announces it expects that both the fourth quarter...

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Sampo plc’s share buybacks 05/01/2023

SAMPO PLC                 STOCK EXCHANGE RELEASE         05/01/2023 at 10:30 pm Sampo plc’s share buybacks 05/01/2023 On 05/01/2023 Sampo plc (business code 0142213-3, LEI 743700UF3RL386WIDA22) has acquired its own A shares (ISIN code FI0009003305) as follows:                Sampo plc’s share buybacks Aggregated daily volume (in number of shares) Daily weighted average price of the purchased shares* Market (MIC Code)  11,075 48.96 AQEU  28,165 48.84 CEUX  12,810 48.94 TQEX  87,950 48.88 XHELTOTAL 140,000 48.88  *rounded to two decimals                 On 9 June 2022, Sampo announced a share buyback programme of up to a maximum of EUR 1 billion in compliance with the Market Abuse Regulation (EU) 596/2014 (MAR) and the Commission Delegated Regulation (EU) 2016/1052. The programme, which started on 10 June 2022, is based...

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Liberty Star Renews & Expands Holdings at the Red Rock Canyon Gold and Robbers Roost Copper – Gold Projects, Cochise County, Arizona

TUCSON, AZ, Jan. 05, 2023 (GLOBE NEWSWIRE) — Liberty Star Minerals (“Liberty Star” or the “Company”) (OTCMarkets: LBSR) is pleased to announce the Arizona State Land Department (ASLD) has issued renewal notifications for 21 MEPs covering Liberty Star’s wholly owned Hay Mountain Project including the Red Rock Canyon Gold Project (RRC). Additionally, the Company has received a new Mineral Exploration Permit (MEP) comprising 80 acres as part of the Company’s ongoing 240 acres claim area over the Robbers Roost Project (RRP), approximately 5.89 miles west of the Hay Mountain Project. The Company is current on all MEP requirements through 2023 renewal dates. The Red Rock Canyon Gold and Robbers Roost Projects may possess commercially important metals associated with porphyry copper-gold-moly geologic structures, well represented in the...

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