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Day: November 8, 2023

Meritage Announces Fourth Quarter Dividend: Margin Improvements Forecasted In 2024

GRAND RAPIDS, Mich., Nov. 08, 2023 (GLOBE NEWSWIRE) — Meritage Hospitality Group Inc. (OTCQX: MHGU), the nation’s premier franchise operator, announced today the Company’s Board of Directors approved a quarterly special dividend of $0.06 per share. The dividend is payable on January 1, 2024, to shareholders of record as of December 15, 2023. “The Company recently reported third quarter sales of $170.3 million as well as results from operations that included margin improvements related to food and labor, as a percentage of sales. Our key ongoing metric, Earnings from Operations, increased +6.4% over last year, and we believe that improvements in food and labor will continue throughout 2024 as the rate of inflation subsides and restaurant margins normalize. Consumer demand in our Wendy’s restaurants continues to demonstrate resiliency...

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Global Dewatering Equipment Market Size USD 7,073.59 Million by 2032 | Emergen Research

Increasing demand for water footprint minimization across the world is one of the most significant factors influencing the market growth. Vancouver, Nov. 08, 2023 (GLOBE NEWSWIRE) — The global dewatering equipment market is projected to be valued at USD 7,073.59 Million by 2032, according to a current analysis by Emergen Research. Dewatering equipment are witnessing high demand, due to the rising demand for minimization of water footprint worldwide. Growth of the global population is leading to higher consumption of water and the resultant water stress in several regions. Various businesses and enterprises emphasizing measurement and minimization of water footprint are facing new challenges, due to the growing population worldwide. Issues associated with increasing water insecurity, water resource contamination, and flooding are...

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Global Water Resources to Ring Nasdaq Closing Bell on November 9, Commemorating 20-Years of Providing Award-Winning Total Water Management to Arizona Communities

PHOENIX,, Nov. 08, 2023 (GLOBE NEWSWIRE) — Global Water Resources, Inc. (NASDAQ: GWRS), a pure-play water resource management company, has been invited to ring the Nasdaq Stock Market Closing Bell on Thursday, November 9, to commemorate its 20 year anniversary of providing award-winning Total Water Management (TWM) to Arizona communities. Event: Nasdaq Closing Bell CeremonyLocation: Nasdaq MarketSite, 4 Times Square, 43rd & BroadwayDate: Thursday, November 9Live Broadcast Link: https://www.nasdaq.com/marketsite/bell-ringing-ceremonyBroadcast Link Goes Live: 3:30 p.m. Eastern TimeCeremony Begins: 3:52 p.m. Eastern Time Starting at 3:30 p.m. Eastern, the online stream will initially present a live view of the Nasdaq Tower in Time Square, with the Global Water logo and Nasdaq trading symbol on display until the ceremony begins...

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HII’s Newport News Shipbuilding Opens Additional Site in Norfolk

HII’s Newport News Shipbuilding campus in NorfolkA welder works on a steel panel at the Newport News Shipbuilding Norfolk Campus (Photo by Ashley Cowan/HII)NORFOLK, Va., Nov. 08, 2023 (GLOBE NEWSWIRE) — HII (NYSE: HII) announced today that its Newport News Shipbuilding division has begun production at an additional campus in Norfolk to support the shipyard’s continued progress toward more effective and efficient shipbuilding. The Newport News Shipbuilding Norfolk Campus is located on land leased from Fairlead in the Lambert’s Point area, at a development known as Fairwinds Landing. NNS shipbuilders have worked at the site for several months constructing steel panels that will eventually make up units of Gerald R. Ford-class aircraft carrier Enterprise (CVN 80). “This is a prime example of how we’re innovating, thinking...

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CSX Chief Financial Officer to Address Stephens Annual Investment Conference

JACKSONVILLE, Fla., Nov. 08, 2023 (GLOBE NEWSWIRE) — CSX Corp. (NASDAQ: CSX) Executive Vice President and Chief Financial Officer, Sean Pelkey, will address the Stephens Annual Investment Conference in Nashville on Tuesday, November 14, at 10:00 a.m. Eastern time. This address will be broadcast live via webcast at http://investors.csx.com. A replay will be available following the conclusion of this event. This announcement, as well as additional financial information, is available on the company’s website at http://investors.csx.com. About CSX CSX, based in Jacksonville, Florida, is a premier transportation company. It provides rail, intermodal and rail-to-truck transload services and solutions to customers across a broad array of markets, including energy, industrial, construction, agricultural and consumer products. For nearly...

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Oma Savings Bank Plc issues a EUR 500 million covered bond

OMA SAVINGS BANK PLC, STOCK EXCHANGE RELEASE 8 NOVEMBER 2023 AT 18:00 P.M. EET, OTHER INFORMATION DISCLOSED TO THE RULES OF THE EXCHANGEOma Savings Bank Plc issues a EUR 500 million covered bond NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, HONG KONG, JAPAN, NEW ZEALAND, SINGAPORE, SOUTH AFRICA OR SUCH OTHER COUNTRIES OR OTHERWISE IN SUCH CIRCUMSTANCES IN WHICH THE OFFERING OF THE NEW NOTES, THE TENDER OFFER OR THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. Oma Savings Bank Plc (“OmaSp” or the “Company”) issues a covered bond of EUR 500 million. The bond has a maturity date of 15 January 2029, and the loan is paid an annual interest rate of 3.500%. The covered bond’s ISIN code is FI4000562095. The issue of the bond will take place...

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CNH to strengthen compact tractor portfolio in expanded agreement with LS Tractor

Confirming our commitment to this product segment through an industrial partnership that enhances capabilities and delivers a more competitive offering in compact tractors for the world’s farmers. Basildon, November 8, 2023 CNH Industrial announces its intention to expand its longstanding partnership with LS Tractor – the agricultural tractor division of the OEM LS Mtron. The Memorandum of Understanding and the technical cooperation agreement signed aim at expanding the current cooperation with LS Tractor and delivering an extended product offering to capture greater market share and enhance our positioning in the compact tractor segment. This expanded agreement sets forth the financial and industrial terms and conditions to localize the production of select compact tractor models at the CNH manufacturing site in Greater Noida, India and...

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Global Water Storage Systems Market Size USD 32.14 Billion by 2032 | Emergen Research

Government initiatives regarding water conservation and consumption of clean water are boosting the market Vancouver, Nov. 08, 2023 (GLOBE NEWSWIRE) — The global water storage systems market is likely to be valued at USD 32.14 Billion by 2032, according to a current analysis by Emergen Research. This growth of the market can be attributed to growing government initiatives regarding water conservation led by rising water scarcity in developing economies. The increasing number of commercial buildings led by rise in the number of office spaces is boosting the demand for drinking water and water storage systems. Rapid urbanization and growing population in developing economies are driving the demand for drinking water in both urban and rural areas. This, in turn, is fueling the water storage systems market. Moreover, the rising need...

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Blockchain AI Market Size USD 3,519.23 Million by 2032 | Emergen Research

Rising investments in the development of Blockchain AI technology and increased venture capital are likely to fuel the Blockchain AI Market during the forecast period Vancouver, Nov. 08, 2023 (GLOBE NEWSWIRE) — The global Blockchain AI market is estimated to reach value of USD 3,519.23 Million by 2032, according to a current analysis by Emergen Research. Blockchain and AI are becoming a powerful pair and their implementation has improved the procedures in almost every industry. AI uses Blockchain to facilitate the sharing of data used in multiple models. One of the examples is usage of machine learning models for product recommendations in online retail. Blockchain, a decentralized system, offers an ideal solution to centralized data storage. It enables an AI-based system to store its data on various systems spread across the globe...

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Coveo retailer survey on Black Friday – Cyber Week evolution shows how winning brands are boosting profitability by getting personal

90% of retailers surveyed report that personalization will transform industry-wide special sales events as we know them within the next three yearsCoveo retailer survey on Black Friday – Cyber Week evolutionCoveo retailer survey on Black Friday – Cyber Week evolution shows how winning brands are boosting profitability by getting personalMONTREAL and NEW YORK, Nov. 08, 2023 (GLOBE NEWSWIRE) — Coveo (TSX:CVO), the leading provider of enterprise AI platforms that enable individualized, connected, and trusted digital experiences at scale with semantic search, AI recommendations, and GenAI answering, today announced the release of a new research report that provides a glimpse into retailers’ mindsets and expectations as we approach the holiday season. The report, titled, “Black Friday to Cyber Week Evolution: What Are the...

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