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Month: August 2023

BlackRock® Canada Announces Changes to its iShares Fund Lineup

Listing:            TSX (Toronto Stock Exchange)                                                                                                                                     Symbol:           XFS, XFS.U, XFI, XFC, XFF, XFA, XCLR, XULR, XDLR TORONTO, Aug. 11, 2023 (GLOBE NEWSWIRE) — BlackRock Asset Management Canada Limited (“BlackRock Canada”), an indirect, wholly-owned subsidiary of BlackRock, Inc. (“BlackRock”) (NYSE:BLK) announced plans today to terminate the following funds (collectively, the “Terminating Funds”), based on an ongoing process to review its product lineup and meet the evolving needs of Canadian investors. Each Terminating Fund will terminate on or about the applicable termination date set out below (with respect to a Terminating Fund, its “Termination Date”).Terminating Fund Name Ticker Termination...

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Verizon donates $100,000 toward Maui wildfire relief

For media: we have b-roll, pictures and additional information on our emergency response equipment available at our Emergency Resource Center – https://www.verizon.com/about/news/emergency-resource-center What you need to know:Verizon is donating $100,000 to the Hawai`i Community Foundation in support of the Maui Strong FundHONOLULU, Aug. 11, 2023 (GLOBE NEWSWIRE) — In response to the devastating wildfires that have ravaged the island of Maui, Verizon is contributing $100,000 to the Hawai`i Community Foundation. Verizon’s donation will support the Maui Strong Fund, which was created to provide community resilience with resources for disaster preparedness, response, and recovery. The fund is currently being used to support communities affected by the wildfires on Maui. “Our hearts go out to the people of Maui who have...

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The Keg Royalties Income Fund announces August 2023 cash distribution

VANCOUVER, British Columbia, Aug. 11, 2023 (GLOBE NEWSWIRE) — The Keg Royalties Income Fund (the “Fund”) (TSX: KEG.UN) today announced that its August 2023 distribution of $0.0946 per unit has been declared and is payable to unitholders of record as at August 21, 2023. The August 2023 distribution will be paid on August 31, 2023. The Fund is a limited purpose, open-ended trust established under the laws of the Province of Ontario that, through The Keg Rights Limited Partnership, a subsidiary of the Fund, owns certain trademarks and other related intellectual property used by Keg Restaurants Ltd. (“KRL”). In exchange for use of those trademarks, KRL pays the Fund a royalty of 4% of gross sales of Keg restaurants included in the royalty pool. With approximately 10,000 employees, over 100 restaurants and annual system sales approaching...

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Psychemedics Corporation Reports Second Quarter 2023 Financial Results

ACTON, Mass., Aug. 11, 2023 (GLOBE NEWSWIRE) — Psychemedics Corporation (NASDAQ: PMD), the world’s largest provider of hair testing for drugs of abuse, today announced financial results for the second quarter ended June 30, 2023. The Company’s revenue for the quarter ended June 30, 2023, was $5.5 million versus $6.5 million for the quarter ended June 30, 2022, a decrease of 15%. Net loss for the quarter ended June 30, 2023, was $(726,000) or $(0.13) per diluted share, versus net loss of $(338,000) or $(0.06) per diluted share, for the comparable period last year. In the second quarter, the labor shortage continued to have an adverse impact on our clients’ use of hair testing in hiring. This offset the positive impact of the growth in our add-on tests for fentanyl and benzodiazepines, as well as our 4Q 2022 price increase. Gross...

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Guardian Capital Group Limited (TSX: GCG; GCG.A) Announces 2023 Second Quarter Operating Results

TORONTO, Aug. 11, 2023 (GLOBE NEWSWIRE) — All per share figures disclosed below are stated on a diluted basis.         For the periods ended June 30, Three months   Six months  ($ in thousands, except per share amounts)   2023     2022     2023   2022      restated   restated         Net revenue $ 61,833   $ 50,056   $ 116,326 $ 101,878  Operating earnings   17,038     11,404     28,278   24,910  Net gains (losses)   (3,736 )   (91,545 )   14,398   (101,294 )Net earnings (loss) from continuing operations   11,532     (73,463 )   37,974   (73,239 )Net earnings from discontinued operations   —     5,239     553,743   10,830  Net earnings (loss)   11,532     (68,224 )   591,717   (62,409 )                  EBITDA (1) $ 23,199   $ 16,158   $ 40,570 $ 33,661  Adjusted...

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Constellation Software Inc. Announces Results for the Second Quarter Ended June 30, 2023 and Declares Quarterly Dividend

TORONTO, Aug. 11, 2023 (GLOBE NEWSWIRE) — Constellation Software Inc. (TSX:CSU) (“Constellation” or the “Company”) today announced its financial results for the second quarter ended June 30, 2023 and declared a $1.00 per share dividend payable on October 11, 2023 to all common shareholders of record at close of business on September 20, 2023. This dividend has been designated as an eligible dividend for the purposes of the Income Tax Act (Canada). Please note that all dollar amounts referred to in this press release are in U.S. Dollars unless otherwise stated. The following press release should be read in conjunction with the Company’s Unaudited Condensed Consolidated Interim Financial Statements for the three and six months ended June 30, 2023 and the accompanying notes, our Management Discussion and Analysis for the three and...

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Barnwell Industries, Inc. Reports Third Quarter and Nine Months Ended June 30, 2023 Results

Production of all Products Increased over the Prior Year’s Third Quarter Company Declares Cash Dividend HONOLULU, Aug. 11, 2023 (GLOBE NEWSWIRE) — Barnwell Industries, Inc. (NYSE American: BRN) today reported net losses of $717,000, $0.07 per share, and $865,000, $0.09 per share, for the three and nine months ended June 30, 2023, respectively, as compared to net earnings of $2,531,000, $0.25 per share, and $5,656,000, $0.59 per share, for the three and nine months ended June 30, 2022, respectively. Mr. Alexander C. Kinzler, Chief Executive Officer of Barnwell, commented, “Our loss for the quarter was a result of a decline in prices of all products; oil, natural gas, and natural gas liquids which decreased 37%, 72%, and 46%, respectively, as compared to last year’s three months ended June 20, 2022 together with a decline in land...

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Insight Acquisition Corp. and Avila Energy Corporation announce they have mutually agreed to terminate their Business Combination Agreement

NEW YORK and CALGARY, Alberta, Aug. 11, 2023 (GLOBE NEWSWIRE) — Insight Acquisition Corp. (NASDAQ: INAQ) and Avila Energy Corporation (CSE:VIK, OTCM:PTRVF and FRA:6HG0), announced today that on August 10, 2023, they mutually agreed to terminate, effective immediately, their previously announced Business Combination Agreement by and among Insight Acquisition Corp. (“Insight Acquisition”), Avila Amalco Sub Inc. and Avila Energy Corporation (“Avila”), dated as of April 3, 2023 (the “BC Agreement”). As part of the termination of the BC Agreement, Avila has agreed to pay Insight US$300,000 as partial reimbursement of its costs relating to the BC Agreement prior to April 1, 2024. “Due primarily to the changes that have occurred in the SPAC market and the difficulties in arranging financing, Avila and Insight have determined that now...

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ReWalk Robotics Announces Closing of Acquisition of AlterG

Combined Company Expected to Expand Access for Patients to Innovative Rehabilitation Technologies for Use in Clinics and the Home Charles Remsberg Appointed Chief Sales Officer at ReWalk Robotics MARLBOROUGH, Mass. and BERLIN and YOKNEAM ILLIT, Israel, Aug. 11, 2023 (GLOBE NEWSWIRE) — ReWalk Robotics Ltd. (Nasdaq: RWLK) (“ReWalk” or “the Company”), a leading provider of innovative technologies that enable mobility and wellness in rehabilitation and daily life for individuals with neurological conditions, today announced closing of the previously announced acquisition of AlterG, Inc. (“AlterG”), a leading innovator and leading provider of Anti-Gravity systems for use in physical and neurological rehabilitation. ReWalk paid a purchase price of approximately $19 million in cash (subject to customary adjustments for net working capital,...

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Bridgeline Announces Financial Results for the Third Quarter of Fiscal 2023

WOBURN, Mass., Aug. 11, 2023 (GLOBE NEWSWIRE) — Bridgeline Digital, Inc. (NASDAQ: BLIN), a marketing software solutions provider, today announced financial results for its fiscal third quarter ended June 30, 2023. “Bridgeline’s core products are growing by over 15% CAGR led by HawkSearch which signed over $1 million in new customer contracts this quarter,” said Ari Kahn, Bridgeline’s President and Chief Executive Officer. “Our core products have grown to over 44% of our overall revenue and will begin to dominate our topline as they surpass our legacy products which declined in revenue this year.” Financial Highlights – Third Quarter of Fiscal Year 2023Total revenue was $3.9 million, compared to $4.2 million in the prior year period. Subscription and licenses revenue was $3.2 million, compared to $3.4 million in the prior year...

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