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Day: August 17, 2023

Applied Materials Announces Third Quarter 2023 Results

Revenue $6.43 billion, down 1 percent year over year GAAP operating margin 28.0 percent and non-GAAP operating margin 28.3 percent, down 1.5 points and 1.7 points year over year, respectively GAAP EPS $1.85 and non-GAAP EPS $1.90, flat and down 2 percent year over year, respectively Generated $2.58 billion in cash from operationsSANTA CLARA, Calif., Aug. 17, 2023 (GLOBE NEWSWIRE) —  Applied Materials, Inc. (NASDAQ: AMAT) today reported results for its third quarter ended July 30, 2023. Third Quarter Results Applied generated revenue of $6.43 billion. On a GAAP basis, the company reported gross margin of 46.3 percent, operating income of $1.80 billion or 28.0 percent of net sales, and earnings per share (EPS) of $1.85. On a non-GAAP adjusted basis, the company reported gross margin of 46.4 percent, operating income of $1.82 billion...

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Skyline Bankshares, Inc. Announces Semi-Annual Cash Dividend

FLOYD, Va., Aug. 17, 2023 (GLOBE NEWSWIRE) — Skyline Bankshares, Inc. (the “Company”) (OTC QX: SLBK) – the holding company for Skyline National Bank (the “Bank”), announces a semi-annual cash dividend on the Company’s common stock of $0.21 per share, payable September 18, 2023 to shareholders of record on September 8, 2023.  The Company’s Board of Directors declared the dividend on August 15, 2023. Skyline National Bank is the wholly-owned subsidiary of Skyline Bankshares, Inc. and serves southwestern Virginia and northwestern North Carolina with 27 branches and 1 loan production office. CONTACT: For more information contact: Blake Edwards, President & CEO – 276-773-2811 Lori Vaught, EVP & CFO – 276-773-2811

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StoneCo Informs Correction in the Number of Weighted Average Diluted Shares

GEORGETOWN, Cayman Islands, Aug. 17, 2023 (GLOBE NEWSWIRE) — StoneCo Ltd. (Nasdaq: STNE; B3: STOC31) (“Stone” or the “Company”), informs its shareholders and the market that the number of weighted average diluted shares in the three and six months ended June 30, 2023 is 326,912,231 and 325,655,217, respectively, and not 340,874,065 and 339,621,097, respectively, as published on August, 16, 2023. As a result, the correct number of diluted earnings (loss) per share and adjusted diluted earnings per share are shown in the table below:    Corrected, August 17 2023     As published, August 16 2023    Six months ended   Three months ended     Six months ended   Three months ended    June 30, 2023   June 30, 2023     June 30, 2023   June 30, 2023Net income (loss) attributable to controlling shareholders   532,008   305,369     532,008   305,369Numerator...

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Nilfisk reports Q2 2023 results: Strong growth in Service and Professional led to solid organic growth of 4.3% in Q2 2023, EBITDA margin improved to 13.7%

Nilfisk, a leading global provider of professional cleaning products and services, reported its Q2 2023 results today with total revenue of 276.5 mEUR, up from 272.0 mEUR in Q2 2022. ▪ Organic growth was solid at 4.3% in Q2 2023, compared to 2.8% in Q2 2022▪ The gross margin reached 40.4% in the quarter, up from 38.8% in Q2 2022▪ The overhead cost ratio came to 32.1% in Q2 2023, up from 31.5% in Q2 2022▪ The EBITDA margin before special items increased to 13.7% in Q2 2023, up from 12.7% in Q2 2022▪ Free cash flow improved significantly by 29.0 mEUR from Q2 2022 to 40.1 mEUR in Q2 2023▪ NIBD declined by 76.0 mEUR from Q2 2022 and stood at 291.5 mEUR at the end of Q2 2023▪ Gearing at the end of Q2 2023 was 2.2 versus 2.7 a year ago▪ The full year outlook for 2023 is reconfirmed. The...

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TCM Group A/S: Interim report Q2 2023

COMPANY ANNOUNCEMENT No. 179/2023         Tvis, 17 August 2023 Interim report Q2 2023 (April 1 – June 30) (All figures in brackets refer to the corresponding period in 2022, and unless stated otherwise all figures are excl. Aubo Production A/S which was acquired effective 3 July 2023) Margins improved in Q2 compared to Q1 while revenue in the quarter developed in line with expectations. Financial outlook on revenue and EBIT specified with narrower ranges. CEO Torben Paulin:“The Danish market for new kitchens showed signs of a potential recovery as the rate of decline in sales slowed in Q2. In TCM revenue declined by 3.5% compared to Q1, in line with our expectations. The decline in revenue was 19% compared to the same quarter last year, which, it must be recalled, was the strongest quarter ever for the TCM Group in terms of revenue. We...

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Able View Completes Business Combination with Hainan Manaslu Acquisition Corp. to Become Publicly Traded Company

NEW YORK, Aug. 17, 2023 (GLOBE NEWSWIRE) — Able View Global Inc. (“Able View,” or the “Company”), one of the largest comprehensive brand management partners of international beauty and personal care brands in China, today announced that it has completed its previously announced business combination with Hainan Manaslu Acquisition Corp. (Nasdaq: HMAC) (“HMAC”), a publicly traded special purpose acquisition company. The business combination was approved at an extraordinary general meeting of HMAC’s shareholders on August 2, 2023. Upon the closing of the business combination, HMAC and Able View Inc. each becomes a wholly owned subsidiary of Able View Global Inc.  Beginning August 18, 2023, Able View’s Class B ordinary shares and warrants will trade on the Nasdaq Capital Market under the ticker symbols “ABLV” and “ABLVW,” respectively.  Zhifan...

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Thomas C. Johnson LLC Joins World Insurance Associates

Iselin, NJ, Aug. 17, 2023 (GLOBE NEWSWIRE) — World Insurance Associates LLC (“World”), a Top 50 Insurance Brokerage, announced today that Thomas C. Johnson LLC (“TCJ”) of Stoughton, WI has joined World as of August 1, 2023. Terms of the transaction were not disclosed. TCJ is mainly focused on the farming and agriculture businesses. “As the owner and operator of a farm, I understand the importance of developing a comprehensive plan to protect property, crops, equipment, and overall liability protection.,” says Tom Johnson. “I’m excited to be joining World and continuing to work with farmers to provide solutions to their insurance needs, as well providing them with additional products and services.” “On behalf of the World family, I’d like to welcome TCJ,” says Rich Eknoian, CEO and Co-Founder of World. “Tom’s expertise with farming...

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R&S Insurance Agency Joins World Insurance Associates

Iselin, NJ, Aug. 17, 2023 (GLOBE NEWSWIRE) — World Insurance Associates LLC (“World”), a Top 50 Insurance Brokerage, announced today that R&S Insurance Agency, Inc. (“R&S”) of Stoughton, WI has joined World as of August 1, 2023. Terms of the transaction were not disclosed. R&S has been providing insurance products and services to individuals, families and businesses since 1964. “At R&S, our basic belief in providing quality coverage and personal service is just one of the many reasons why today, more than ever, people look to us for quality insurance protection,” says Mark Rostowfske, President, R&S Insurance Agency. “It’s great to join World and provide our customers with even more products and services.” “I’d like to welcome R&S to the World family,” says Rich Eknoian, CEO and Co-Founder of World....

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Micro Packaging Market to Surpass 2006.89 Million by 2030 Drives Due to the Technological Advancements

SkyQuest projects that the micro packaging market will attain a USD 2006.89 Million value by 2030, with a CAGR of 5.8% over the forecast period (2023-2030). The Micro Packaging market is driven by continuous technological advancements, enabling miniaturization and integration of electronic components. These innovations enhance device performance, reduce power consumption, and open new possibilities in diverse industries. Westford, USA, Aug. 17, 2023 (GLOBE NEWSWIRE) — According to SkyQuest, Escalating demand for smaller, lightweight, and high-performance consumer electronics propels the Micro Packaging market. With consumers seeking portable yet powerful devices, manufacturers must adopt micro packaging solutions to cater to these evolving preferences. Browse in-depth TOC on the “Micro Packaging Market”Pages –...

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Kvika banki hf.: Financial Results for the First Six Months of 2023

At a board meeting on 17 August 2023, the Board of Directors and the CEO approved the interim financial statements of Kvika banki hf. (“Kvika”) group for the period 1 January to 30 June 2023. Highlights of the 6M 2023 Interim Financial StatementsPre-tax profit amounted to ISK 2,684 million Pre-tax return on tangible equity was 12.4% Earnings per share for the period were ISK 0.4 Total assets amounted to ISK 330 billion The group’s equity amounted to ISK 81 billion The solvency ratio of the financial conglomerate was 1.24 and its capital adequacy ratio (CAR) for operations excluding insurance was 23.1% Total liquidity coverage ratio (LCR) was 390% Assets under management were ISK 457 billionA presentation for shareholders and market participants will be held at 16:15 on Thursday, 17 August in Kvika’s headquarters on the 9th floor at...

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