Day: October 25, 2023

JACKSONVILLE, Fla., Oct. 25, 2023 (GLOBE NEWSWIRE) — CSX Corp. (NASDAQ: CSX) is announcing the ratification of a paid sick leave agreement covering approximately 200 employees represented by the Brotherhood of Railroad Signalmen (BRS) on the company’s L&N property. The ratification follows another recent agreement with the BRS covering nearly 400 employees on the SCL property. Both agreements provide a sick leave package that ensures employees can take necessary time off from work to recover from illness without worrying about their financial stability. CSX continues to build on series of successful negotiations with various railroad unions to provide paid sick leave. This includes agreements reached earlier this year with the BMWED, BRC, SMART-TD, IAM, NCFO and IBEW unions, providing paid sick leave for thousands of railroad...

ARK reimagined from the ground-up into the next-generation of videogame technology with Unreal Engine 5 CULVER CITY, Calif., Oct. 25, 2023 (GLOBE NEWSWIRE) — Snail, Inc. (Nasdaq: SNAL) (“Snail” or “the Company”), a leading, global independent developer and publisher of interactive digital entertainment announced today with Studio Wildcard that the highly anticipated ARK: Survival Ascended is available for download on Steam today, with the console versions coming soon in November. This monumental remake of the ARK franchise leverages Unreal Engine 5’s stunning graphics and introduces a game-altering cross-platform modding system, ushering in a new era of creativity. Key Features:ARK: Survival Ascended has completely recreated and redesigned the artwork and worlds of ARK to take advantage of the latest in video game technology,...

HONG KONG, China, Oct. 25, 2023 (GLOBE NEWSWIRE) — WANG & LEE GROUP, Inc. (NASDAQ: WLGS) (“W&L”, or the “Company”), Hong Kong-based construction prime and subcontractor engaging in the installation of Electrical & Mechanical Systems, today announced that it received written notification on October 24, 2023, from The Nasdaq Stock Market LLC that it no longer complies with the minimum bid price requirement for continued listing on the Nasdaq Capital Market pursuant to the Nasdaq Listing Rule 5550(a)(2). The closing bid price for the Company’s ordinary shares had fallen below $1.00 per share for 30 consecutive business days and accordingly, the Company no longer complies with the minimum bid price requirement for continued listing on the Nasdaq Capital Market pursuant to the Nasdaq Listing Rule 5550(a)(2). However...

SAN FRANCISCO, Oct. 25, 2023 (GLOBE NEWSWIRE) — Sunrun (Nasdaq: RUN), the nation’s leading provider of residential solar, storage and energy services, sets the record straight in response to another deceptive report issued today by short-seller Muddy Waters. Muddy Waters has again attempted to mislead their readers and manipulate the share price for Muddy Waters’ benefit with gross inaccuracies. It purports that data published by the Energy Information Administration (EIA) and Sunrun’s reported Subscribers count is comparable, which it is not. Muddy Waters is comparing apples to oranges and even concedes that the data likely is not comparable. The fact is that volume reported to EIA is not equatable to Sunrun’s Subscriber volume reporting. Sunrun provides both figures; however, data supplied to EIA is not comparable to Subscribers...

MT Højgaard Holding A/S has today entered into an agreement to sell the group’s 60% ownership interest in the Portuguese company Soc. De Empreitadas e Trabalhos Hidráulicos, S.A. (“Seth”), which is mainly active in Africa, to the Angolan contracting group Griner Engenharia, S.A. (“Griner”). The transaction is expected to be completed in Q4 2023 subject to the Angolan competition authorities’ approval of Griner’s acquisition of all shares in Seth. Net proceeds from the sale are expected to amount to around DKK 55 million including repayment of working capital made available by MT Højgaard Holding and payment for the group’s 60% ownership interest in Seth. The accounting effect of the sale will be established upon completion of the transaction and is expected, subject to developments in the second half of the year, to amount to around DKK...

Oslo, 25 October 2023: Draft tax assessment on Norwegian transfer price audit Yara has previously disclosed that the company in 2019 received a notification and request for information from the Norwegian Tax Authorities related to a transfer price audit in which they have stated that they consider changing the company’s tax assessment for the years 2015, 2016 and 2017 (see note 5.6 in the 2022 integrated report). Yara has now received a draft assessment where the Norwegian Tax Authorities’ position is to increase the Yara International ASA tax results by approximately USD 650 million in total for the years 2015 to 2017, which would increase tax cost by an estimated USD 170 million. They have also provided a notice that they may challenge income years 2018 to 2020. Yara’s current assessment is that it is more likely than not that Yara will...

Live webcast at 8:30 a.m. EDT VONORE, Tenn., Oct. 25, 2023 (GLOBE NEWSWIRE) — MasterCraft Boat Holdings, Inc. (NASDAQ: MCFT) (the “Company”) will host a live webcast of its fiscal first quarter 2024 earnings conference call on Wednesday, November 8, 2023, at 8:30 a.m. EDT. Fred Brightbill, Chief Executive Officer and Chairman, Tim Oxley, Chief Financial Officer, and Bobby Potter, Vice President of Strategy and Investor Relations, will discuss the Company’s financial results. The Company will issue a pre-market earnings release prior to the call on November 8, 2023. Participants may access the conference call live via webcast on the investor section of the Company’s website, Investors.MasterCraft.com, on the day of the conference call by clicking on the webcast icon. To participate via telephone, please register in advance at this...

Quarterly turnover grows to €794.1m (+7.8%), driven by the performance in the International business and acquisitions€m Q3 2023 Q3 2022 Change   Q1-3 2023 Q1-3 2022 ChangeInternational 473.3 419.0 +12.9%   1,332.2 1,246.7 +6.9%France 320.8 317.8 +0.9%   972.9 921.1 +5.6%               Total 794.1 736.8 +7.8%   2,305.1 2,167.8 +6.3%In a more complex economic context, Synergie confirms the relevance of its strategy and in particular of its geographical diversification, with a quarterly revenue of €794.1M, up +7.8% compared to the previous financial year (+2.8% at constant currency and scope). The third quarter of France (40% of the consolidated) is growing by +0.9% also driven by a price effect in a declining overall market. International growth of +12.9% was driven by recent acquisitions in Poland and Germany which...

ST PETERSBURG, FL, Oct. 25, 2023 (GLOBE NEWSWIRE) — via NewMediaWire – The Marquie Group, Inc. (OTCMKTS:TMGI), often referred to as “The Marquie Group”, “TMGI”, or simply “the Company”, is excited to announce its recent acquisition of the INSANITEA and SANITEA trademarks, paving the way for a fresh array of sought-after nutritional offerings. CEO of The Marquie Group, Marc Angell, expressed, “Our ongoing commitment to introducing inventive, distinctively branded items led us to the Sanitea and Insanitea trademarks. Given the widespread love for tea and the lucrative nature of the specialty drink sector in the U.S., we foresee a significant win for our investors.” Statista data reveals that non-alcoholic energy drink sales in the U.S. reached $14B in 2022, with an anticipated growth of almost 15% in 2023. Furthermore, hard seltzer...