Day: October 25, 2023
OAK RIDGE, N.C., Oct. 25, 2023 (GLOBE NEWSWIRE) — Oak Ridge Financial Services, Inc. (“Oak Ridge”; or the “Company”) (OTCPink: BKOR), the parent company of Bank of Oak Ridge (the “Bank”), announced unaudited financial results for the third quarter of 2023 and a quarterly cash dividend of $0.10 per common share.
Third Quarter 2023 Performance and AccomplishmentsEarnings per share of $0.55, compared to $0.54 in the linked quarter and $0.59 for the third quarter of 2022.
Return on equity of 10.63%, compared to 10.84% in the linked quarter and 12.35% for the third quarter of 2022.
Dividends declared per common share of $0.10, unchanged from the linked quarter and up from $0.08 for the third quarter of 2022.
Tangible book value per common share of $20.26 as of period end, compared to $20.14 at the end of the linked quarter and $18.67...
Presidio Property Trust Announces Series D Preferred Stock Cash Dividend
Written by Customer Service on . Posted in Public Companies.
SAN DIEGO, Oct. 25, 2023 (GLOBE NEWSWIRE) — (NASDAQ: SQFT; SQFTP; SQFTW) Presidio Property Trust, Inc. (“Presidio” or the “Company”), an internally managed, diversified real estate investment trust (“REIT”), today announced that its Board of Directors has authorized, and the Company has declared, a dividend on its 9.375% Series D Cumulative Redeemable Perpetual Preferred Stock (the “Series D Preferred Stock”) for the months of October 2023, November 2023 and December 2023.
In accordance with the terms of the Series D Preferred Stock, the October 2023 Series D dividend will be payable in cash in the amount of $0.19531 per share on November 15, 2023, to shareholders of record of Series D Preferred Stock as of the dividend record date of October 31, 2023. The November 2023 Series D dividend will be payable in cash in the amount of...
September 2023 Quarterly Activities Report
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Figure 1First 2 strings of evaporation ponds complete (left), plant construction underway (right)BRISBANE, Australia, Oct. 25, 2023 (GLOBE NEWSWIRE) — Allkem Limited (ASX|TSX: “AKE”, the “Company”) provides an update on its global lithium portfolio, business activities and financial position1 as at 30 September 2023.
HIGHLIGHTS OPERATIONSThe Olaroz Lithium Facility2 achieved above budget quarterly production of 4,453 tonnes of lithium carbonate, up 35 % on the previous corresponding period (“PCP”)
Record lithium carbonate sales volume of 4,554 tonnes for the quarter, generating Olaroz revenue3 of ~US$118 million with average realised price of US$25,981/tonne4 FOB and a gross cash margin of 77% or US$19,893/tonne
Mt Cattlin achieved record quarterly production of 72,549 tonnes of spodumene concentrate at 5.3% Li2O grade,...
Prosafe SE: Completed NOK 350 million private placement
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NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART DIRECTLY OR INDIRECTLY, IN OR INTO AUSTRALIA, CANADA, JAPAN, HONG KONG, SOUTH AFRICA OR THE UNITED STATES OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF ANY OF THE SECURITIES DESCRIBED HEREIN.
Stavanger, 26 October 2023: Reference is made to the stock exchange release from Prosafe SE (“Prosafe” or the “Company”) published 25 October 2023 regarding a contemplated private placement. The Company hereby announces that it has raised approx. NOK 350 million in gross proceeds through a private placement of 5 833 333 new shares (the “New Shares”) at a price per share of NOK 60.00 (the “Offer Price”) (the “Private Placement”).
The Company has appointed Pareto Securities AS and SpareBank...
Northfield Bancorp, Inc. Announces Third Quarter 2023 Results
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
NOTABLE ITEMS FOR THE QUARTER INCLUDE:DILUTED EARNINGS PER SHARE WERE $0.19 FOR THE CURRENT QUARTER COMPARED TO $0.22 FOR THE TRAILING QUARTER, AND $0.37 FOR THE THIRD QUARTER OF 2022.
ON A LINKED QUARTER BASIS, NET INTEREST MARGIN COMPRESSION SLOWED TO NINE BASIS POINTS VERSUS A 29 BASIS POINT DECREASE FOR THE QUARTER ENDED JUNE 30, 2023.
TOTAL DEPOSITS (EXCLUDING BROKERED) INCREASED BY APPROXIMATELY $76 MILLION, OR 8.4% ANNUALIZED, FROM JUNE 30, 2023, DRIVEN BY INCREASES IN CERTIFICATES OF DEPOSITS, TRANSACTION ACCOUNTS, AND SAVINGS ACCOUNTS.
COST OF DEPOSITS WAS 146 BASIS POINTS FOR THE CURRENT QUARTER AS COMPARED TO 113 BASIS POINTS FOR THE TRAILING QUARTER.
LOAN BALANCES DECLINED MODESTLY WITH DECREASES IN MULTIFAMILY, COMMERCIAL MORTGAGE AND ONE-TO FOUR FAMILY LOANS BEING PARTIALLY OFFSET BY INCREASES IN HOME EQUITY LOANS AND...
HMN Financial, Inc. Announces Dividend
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ROCHESTER, Minn., Oct. 25, 2023 (GLOBE NEWSWIRE) — HMN Financial, Inc. (HMN or the Company) (Nasdaq:HMNF) today announced that its Board of Directors has declared a quarterly dividend of $0.08 per share of common stock, payable on December 7, 2023 to stockholders of record at the close of business on November 16, 2023. The declaration and amount of any future cash dividends remains subject to the sole discretion of the Board of Directors and will depend upon many factors, including the Company’s results of operations, financial condition, capital requirements, regulatory and contractual restrictions, business strategy and other factors deemed relevant by the Board of Directors.
General Information HMN and Home Federal Savings Bank (the Bank) are headquartered in Rochester, Minnesota. The Bank operates twelve full service offices...
Interfor Appoints Geoffrey Evans to its Board of Directors
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BURNABY, British Columbia, Oct. 25, 2023 (GLOBE NEWSWIRE) — INTERFOR CORPORATION (“Interfor” or the “Company”) (TSX: IFP) is pleased to announce the appointment of Geoffrey Evans of Naples, Florida as an independent director of the Company. Mr. Evans held an executive leadership role at Boeing focused on strategy and business development prior to his retirement. His nearly 40-year career included progressively senior roles at Boeing, Eaton, and Lockheed Martin, as well as President, CEO and board member of Tapestry Solutions, a Boeing subsidiary. Mr. Evans is also a board member of a not-for-profit organization.
Mr. Evans’ appointment is a successful outcome of the Board’s ongoing director succession process.
ABOUT INTERFORInterfor is a growth-oriented forest products company with operations in Canada and the United States. The...
Sirona Biochem Announces Change of Auditor
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VANCOUVER, British Columbia, Oct. 25, 2023 (GLOBE NEWSWIRE) — Sirona Biochem Corp. (TSX-V: SBM) (FSE: ZSB) (US-OTC:SRBCF) (the “Company”) announces that it has changed its auditors from DeVisser Gray LLP (the “Former Auditor”) Davidson and Company (the “Successor Auditor”) effective October 25, 2023 and the board of directors of the Company appointed the Successor Auditor as the Company’s auditor effective October 25, 2023 until the next Annual General Meeting of the Company. There were no reservations in the Former Auditor’s audit reports for the relevant period, being the financial years ended October 31, 2021 and October 31, 2022 and any period subsequent to the most recently completed financial year for which an audit report was issued and preceding the resignation of the Former Auditor. In accordance with National Instrument...
Pilgrim’s Pride Reports Third Quarter 2023 Results with $4.4 Billion in Net Sales and Operating Income of $206.4 Million
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
GREELEY, Colo., Oct. 25, 2023 (GLOBE NEWSWIRE) — Pilgrim’s Pride Corporation (NASDAQ: PPC), one of the world’s largest poultry producers, reports its third quarter 2023 financial results.
Third Quarter HighlightsNet Sales of $4.4 billion.
GAAP Net Income of $121.6 million and GAAP EPS of $0.51. Adjusted Net Income of $136.7 million or Adjusted EPS of $0.58.
Consolidated GAAP operating income margin of 4.7%.
Adjusted EBITDA of $324.0 million, or a 7.4% margin, with adjusted EBITDA margins of 7.0% in the U.S., 6.1% in the U.K. & Europe, and 12.4% in Mexico.
Our global and diversified portfolio drove improved margins across all regions relative to prior quarter given results from operational excellence programs, continued partnership with Key Customers, and increased diversification through branded and differentiated...
Mayfair Gold Increases Private Placement Financing
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VANCOUVER, British Columbia, Oct. 25, 2023 (GLOBE NEWSWIRE) — Mayfair Gold Corp. (“Mayfair” or the “Company”) (TSX-V: MFG; OTCQB: MFGCF) today announced that the previously announced non-brokered private placement financing of common shares has been increased from $5 million to $6.05 million due to strong demand.
The Company announced on October 10, 2023, that it had arranged a non-brokered private placement financing of 2,381,000 common shares (the “Shares”) at a price per Share of $2.10 for gross proceeds of approximately $5 million, and a concurrent non-brokered private placement financing of 2,040,000 common shares on a flow-through basis (the “FT Shares”) at a price per FT Share of $2.94 (together the “Offering”) for gross proceeds of approximately $6 million.
Under the increased Offering, the Company will issue 2,881,000...