Day: August 30, 2023

L’Oréal completes acquisition of Aesop

Written by Customer Service on August 30, 2023. Posted in Mergers And Acquisitions.

L’Oréal today announced that it has completed the acquisition of distinctive luxury beauty brand, Aesop, in accordance with the terms announced on 3rd April 2023. “On behalf of L’Oréal, I am very excited to welcome Aesop to the L’Oréal Groupe family,” said Nicolas Hieronimus, Chief Executive Officer, L’Oréal Groupe. “The Aesop brand, with its unique combination of urbanity, hedonism and undeniable luxury, taps into all of today’s ascending currents. We look forward to building on the brand’s unique DNA and values, as we unleash its massive growth potential in China and beyond.” “We are thrilled to have Aesop join the L’Oréal Luxe Division and I look forward to welcoming Michael O’Keeffe and his passionate teams to the L’Oréal family, as we work together to write the next chapter of this iconic brand,” said Cyril Chapuy, President, L’Oréal...

5E Advanced Materials Reports Full Year 2023 Results

Written by Customer Service on August 30, 2023. Posted in Earnings Releases And Operating Results.

Company provides updates on project progress and details forward-looking strategic priorities5E Boron Americas Complex PhotosSeptember 23, 20225E Boron Americas Complex PhotosDecember 22, 20225E Boron Americas Complex PhotosMarch 17, 20235E Boron Americas Complex PhotosJuly 25, 2023HESPERIA, Calif., Aug. 30, 2023 (GLOBE NEWSWIRE) — 5E Advanced Materials, Inc. (Nasdaq: FEAM) (ASX: 5EA) (“5E” or the “Company”), a boron and lithium company with U.S. government Critical Infrastructure designation for its 5E Boron Americas (Fort Cady) Complex, today announced its financial results for its 2023 fiscal year ended June 30, 2023. HIGHLIGHTSConstruction of Fort Cady Small-Scale Boron Facility (SSBF) is nearly complete, representing the single most significant near-term growth project in the US for the...

Victory Square Technologies Reports 2023 Q2 Financial Results

Written by Customer Service on August 30, 2023. Posted in Earnings Releases And Operating Results.

A diverse portfolio of 25+ innovative companies from around the world (founders come from: Ireland, Sri Lanka, Bulgaria, Australia, India, Brazil, the Middle East and North America) Sectors include: Digital Health, Artificial Intelligence (AI), Machine Learning (ML), Blockchain, Virtual & Augmented Reality (VR/AR), Gaming, Climate Tech Revenue for the six-month period ended June 30, 2023 was $5,516,217 compared to $2,231,880 for the same period last year Cash & liquid securities approx. $4,937,216.84 Unaudited NAV of approximately $78,681,041 as at June 30, 2023 (see Use of Non-GAAP Financial Measures)VANCOUVER, British Columbia, Aug. 30, 2023 (GLOBE NEWSWIRE) — Victory Square Technologies Inc. (“Victory Square” or the “Company”) (CSE:VST) (OTC:VSQTF) (FWB:6F6), a company that gives investor access to a portfolio of...

Clean Energy Special Situations Corp. Receives Notice from Nasdaq Regarding Late Form 10-Q Filing

Written by Customer Service on August 30, 2023. Posted in Public Companies.

New York, New York, Aug. 30, 2023 (GLOBE NEWSWIRE) — Clean Energy Special Situations Corp. (Nasdaq: SWSS) (the “Company”) announced today that the Nasdaq Stock Market LLC (“Nasdaq”), by letter dated August 23, 2023 (the “Notice”), notified the Company that it was not in compliance with Nasdaq’s continued listing standards because the Company did not timely file its Quarterly Report on Form 10-Q for the quarter ended June 30, 2023 (the “Quarterly Report”). As reported in the Form 12b-25 filed by the Company with the Securities and Exchange Commission on August 10, 2023, the Company is still in the process of compiling required information to complete the Quarterly Report. As a result, the Company required additional time to compile and verify the data required to be included in the Quarterly Report. Under Nasdaq rules, the Company...

Uniti Group Inc. to Present at the BofA Securities 2023 Media, Communications and Entertainment Conference

Written by Customer Service on August 30, 2023. Posted in Public Companies.

LITTLE ROCK, Ark., Aug. 30, 2023 (GLOBE NEWSWIRE) — Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today that its Senior Vice President, Chief Financial Officer and Treasurer, Paul Bullington, and Vice President, Investor Relations & Treasury, Bill DiTullio, are scheduled to present at the BofA Securities 2023 Media, Communications and Entertainment Conference. The presentation is scheduled for 2:50 PM EDT on September 13, 2023 in New York, NY. You may access a live webcast of the event on Uniti’s Investor Relations website at investor.uniti.com. The webcast will be available for replay for a limited time following the presentation. ABOUT UNITI Uniti, an internally managed real estate investment trust, is engaged in the acquisition and construction of mission critical communications infrastructure, and is a leading provider...

CooperCompanies Announces Third Quarter 2023 Results

Written by Customer Service on August 30, 2023. Posted in Earnings Releases And Operating Results.

SAN RAMON, Calif., Aug. 30, 2023 (GLOBE NEWSWIRE) — CooperCompanies (NYSE: COO) today announced financial results for its fiscal third quarter ended July 31, 2023.Revenue increased 10% year-over-year to $930.2 million. CooperVision (CVI) revenue up 11% to $630.2 million, and CooperSurgical (CSI) revenue up 8% to $300.0 million. GAAP diluted earnings per share (EPS) of $1.71, down $0.27 or 14% from last year’s third quarter. Non-GAAP diluted EPS of $3.35, up $0.16 or 5% from last year’s third quarter. See “Reconciliation of Selected GAAP Results to Non-GAAP Results” below.Commenting on the results, Al White, Cooper’s President and CEO said, “We’re very pleased to report another strong quarter with record quarterly revenues at both CooperVision and CooperSurgical. Our performance reflects...

Victoria’s Secret & Co. Reports second quarter 2023 results within previous guidance range

Written by Customer Service on August 30, 2023. Posted in Earnings Releases And Operating Results.

Expects improving sales trends in the third and fourth quarter with adjusted operating income rate of 5% to 6% for full year 2023 REYNOLDSBURG, Ohio, Aug. 30, 2023 (GLOBE NEWSWIRE) — Victoria’s Secret & Co. (“Victoria’s Secret” or the “Company”) (NYSE: VSCO) today reported 2023 financial results for the second quarter ended July 29, 2023. Chief Executive Officer Martin Waters commented, “We delivered second quarter sales, adjusted operating income and adjusted diluted earnings per share within our guidance range while the macro environment continues to put pressure on our customer base and our core intimates categories. As anticipated, and what was a continuation of first quarter trends, sales performance in the second quarter was particularly challenging in the overall stores and digital intimates market in North America...

Alvotech Reports Financial Results for First Six Months of 2023 and Provides Business Update

Written by Customer Service on August 30, 2023. Posted in Earnings Releases And Operating Results.

Product revenue for the first six months of 2023 increased to $22.7 million, compared to $3.9 million for the same period in 2022Investors, including Teva Pharmaceuticals, subscribed to Alvotech’s subordinated convertible bonds for an aggregate amount of $140 million in July 2023Expanded its existing commercialization partnerships with Teva Pharmaceuticals for the US and with Advanz Pharma for EuropeSettlement reached with Johnson & Johnson securing a US license entry date for AVT04, Alvotech’s biosimilar candidate to Stelara® (ustekinumab), no later than February 21, 2025Management will conduct a business update conference call and live webcast on Thursday August 31, 2023, at 8:00 am ET (12:00 pm GMT)REYKJAVIK, Iceland, Aug. 30, 2023 (GLOBE NEWSWIRE) — Alvotech (NASDAQ: ALVO, or the “Company”), a global biotech...

Alvotech Reports Financial Results for First Six Months of 2023 and Provides Business Update

Written by Customer Service on August 30, 2023. Posted in Earnings Releases And Operating Results.

Product revenue for the first six months of 2023 increased to $22.7 million, compared to $3.9 million for the same period in 2022 Investors, including Teva Pharmaceuticals, subscribed to Alvotech’s subordinated convertible bonds for an aggregate amount of $140 million in July 2023 Expanded its existing commercialization partnerships with Teva Pharmaceuticals for the US and with Advanz Pharma for Europe Settlement reached with Johnson & Johnson securing a US license entry date for AVT04, Alvotech’s biosimilar candidate to Stelara® (ustekinumab), no later than February 21, 2025 Management will conduct a business update conference call and live webcast on Thursday August 31, 2023, at 8:00 am ET (12:00 pm GMT)Alvotech (NASDAQ: ALVO, or the “Company”), a global biotech company specializing in the development and manufacture of biosimilar...

Titan Machinery Inc. Announces Strategic Acquisition of O’Connors

Written by Customer Service on August 30, 2023. Posted in Mergers And Acquisitions.

– Australia’s leading Case IH dealership group with strong presence in high horsepower equipment – – Accretive acquisition generated approximately $0.40 in annual proforma earnings per share – – Acquisition includes strong management team with track record of solid financial performance through a combination of organic and acquisitive growth – – Updates fiscal 2024 modeling assumptions for Transaction – WEST FARGO, N.D., Aug. 30, 2023 (GLOBE NEWSWIRE) — Titan Machinery Inc. (Nasdaq: TITN) (“Titan” or the “Company”), a leading network of full-service agricultural and construction equipment stores, announced today that it has entered into a definitive purchase agreement to acquire J.J. O’Connor & Sons Pty. Ltd. (“O’Connors”), the largest Case IH dealership group in Australia, for...

Day: August 30, 2023

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