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Day: December 8, 2023

AUGA group, AB presentation of financial results for the 9 months of 2023

AUGA group, AB (hereinafter, the “Company”) presented the Company‘s unaudited financial results for the 9 months of 2023 in an online webinar for investors on December 7 of 2023. The presentation (see attachment) covers detailed information on the results of each business segment of the group and general financial indicators. Kęstutis Juščius, Chair of the Company, presented the results and answered questions from webinar participants. The webinar was recorded. It will be available to see on Nasdaq Baltic youtube.com account and the Company’s website. Contacts: Arminas Kančiauskas, Head of Finance Unit of AUGA group, AB +370 620 873 24 a.kanciauskas@auga.ltAttachmentPresentation

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StorageVault Completes the Purchase of Two Storage Assets

TORONTO, Dec. 08, 2023 (GLOBE NEWSWIRE) — STORAGEVAULT CANADA INC. (“StorageVault”) (SVI-TSX) is pleased to announce that it has completed the acquisition of two of the stores announced on November 6, 2023 for an aggregate purchase price of $49,135,000 (the “Acquisitions”). One of the of the Acquisitions is arm’s length and one is a related party acquisition (the “Related Party ‎Acquisition”) with Access Self Storage Inc. (“Access”) as the Vendor.‎ The aggregate purchase price of the Acquisitions of $49,135,000, subject to customary adjustments, was paid with mortgage financing and funds on hand. Exemption from MI 61-101As Access is a non-arm’s length party to StorageVault, the Related Party Acquisition is considered a “related party transaction” under Multilateral Instrument 61-101 – Protection of Minority Security Holders in...

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TEN Ltd. Lloyd’s List Tanker Company of the Year for 2023

Tanker Company of the Year – Tsakos Energy NavigationTanker Company of the Year – Tsakos Energy NavigationATHENS, Greece, Dec. 08, 2023 (GLOBE NEWSWIRE) — Dr. Nikolaos P. Tsakos, Founder & CEO of Tsakos Energy Navigation received the Tanker of the Year award at the 20th Lloyd’s List Greek Shipping event in Athens. At the prestigious event, industry professionals and prominent government officials gathered to honor TEN’s outstanding company performance and significant contribution to the shipping industry. The special award, ‘Tanker Company of the Year’ is in recognition of TEN’s longevity and outstanding stewardship through the market cycles highlighted by its uninterrupted dividend distribution record and investment in new technology vessels. This is TEN’s third recognition in these pristine awards...

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Latest Novartis Kisqali® NATALEE analysis reinforces 25% reduction in risk of recurrence across broad population of patients with early breast cancer; supports regulatory submissions

With 5.6 months of additional follow-up and 78.3% of patients having completed Kisqali® (ribociclib) investigational treatment, the updated analysis shows sustained iDFS benefit and stability in secondary endpoints including overall survival (OS)1,2iDFS benefit remains consistent across key patient subgroups; among patients with stage II and stage III tumors, Kisqali lowered risk by 30% and 24.5%, respectively1,2Latest analysis continues to show a well-tolerated safety profile in line with previously reported results, and quality of life for Kisqali patients preserved vs. endocrine therapy (ET) alone1,2,3Risk of recurrence remains a short and long term concern; one in eight women treated with ET alone in NATALEE likely to experience invasive disease at 3 years1,2Kisqali is currently approved in the metastatic setting, where...

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Coveo Named a Leader in 2023 Cognitive Search Platform Report by Independent Research Firm

Learn which platform providers are leaders in the cognitive search marketCoveo is a leader in The Forrester WaveTM: Cognitive Search Platforms, 2023 report.Coveo is a leader in The Forrester WaveTM: Cognitive Search Platforms, 2023 report.MONTREAL, Dec. 08, 2023 (GLOBE NEWSWIRE) — Coveo (TSX:CVO), a 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 that Coveo is a leader in The Forrester WaveTM: Cognitive Search Platforms, 2023 report. “We’re very proud that our Composable AI Search and Generative Experience platform is recognized by Forrester as a leader in The Forrester WaveTM: Cognitive Search Platforms, Q4 2023 report,” said Laurent Simoneau, Co-founder, President,...

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Frequency Electronics Announces 2nd Quarter Financial Results Conference Call: Tuesday December 12, 2023, at 4:30 PM ET

MITCHEL FIELD, N.Y., Dec. 08, 2023 (GLOBE NEWSWIRE) — Frequency Electronics, Inc. (NASDAQ: FEIM), will hold a conference call to discuss results for the second quarter of its fiscal year 2023, ended October 31, 2023, on Tuesday December 12, 2023, at 4:30 PM Eastern Time. This call is being webcast by Issuer Direct Corporation and can be accessed in the Investor Relations section of Frequency’s web site at www.freqelec.com. Investors and analysts may also access the call by dialing 888-506-0062. International callers may dial 973-528-0011. Callers should provide participant access code: 265731 or ask for the Frequency Electronics conference call. A telephone replay of the archived call will be available at 877-481-4010 (domestic), or 919-882-2331 (international), for one week following the call (replay passcode: 49594). Subsequent...

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Ferrellgas Partners, L.P. Reports First Quarter Fiscal 2024 Results

Financial HighlightsGross Profit for the first fiscal quarter decreased $1.0 million, or 1%, compared to the prior year period, driven by decreases of $42.3 million and $41.2 million in revenue and cost of sales, respectively. The revenue and cost of sales changes were primarily due to wholesale propane prices that were 28.6% lower from Mt. Belvieu, Texas and 30.6% lower from Conway, Kansas compared to the prior year period. Margin per gallon for the first fiscal quarter was flat at $1.20 per gallon for both the current and prior year periods. Net loss attributable to Ferrellgas Partners, L.P. was $17.5 million for the first fiscal quarter compared to a net loss of $4.5 million in the prior year period, driven, in part, by higher expenses incurred in response to and preparation for system growth. Adjusted EBITDA for the first fiscal...

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ArrowMark Financial Corp. Announces Special Distribution of $0.10 and Regular Cash Distribution of $0.45 per Share for the Fourth Quarter 2023

DENVER, Dec. 08, 2023 (GLOBE NEWSWIRE) — ArrowMark Financial Corp. (Nasdaq: BANX) (“ArrowMark Financial” or the “Company”), an SEC registered closed-end management investment company, today announced that its Board of Directors has declared a special cash distribution of $0.10 per share generated from excess income, and a regular cash distribution of $0.45 per share for the fourth quarter 2023. The total distribution of $0.55 per share will be payable on January 5, 2024 to shareholders of record on December 29, 2023. “We are very pleased to announce the special distribution for Q4 2023 along with the recently increased distribution rate of $0.45. We believe this distribution reflects the Fund’s ability to consistently over-earn its declared quarterly distribution rate. ArrowMark Financial is committed to...

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Cadeler A/S and Eneti Inc. Announce Extension of Share Exchange Offer for all Outstanding Shares of Common Stock of Eneti Inc. to December 14, 2023 & New Loan Facility

MONACO, Dec. 08, 2023 (GLOBE NEWSWIRE) — Cadeler A/S (OSE: CADLR) (“Cadeler”) and Eneti Inc. (NYSE: NETI) (“Eneti”), two offshore wind turbine and foundation installation companies, announced the extension of the expiration date for the share exchange offer (the “Share Exchange Offer”) to acquire all of the issued and outstanding shares of the common stock of Eneti Inc. (NYSE: NETI) (“Eneti”) to 5:30 p.m. Eastern Time on December 14, 2023. In addition, Cadeler has determined pursuant to the terms of the Share Exchange Offer as set forth in the Prospectus/Offer to Exchange, dated November 7, 2023 (the “Prospectus/Offer to Exchange”) to reduce the minimum tender condition for the Share Exchange Offer from 85.01% to 70%. Cadeler is offering to exchange for each outstanding share of Eneti, par value USD 0.01 per share (the “Eneti...

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Sigmatron International, Inc. Reports Financial Results for the Second Quarter of Fiscal 2024

ELK GROVE VILLAGE, Ill., Dec. 08, 2023 (GLOBE NEWSWIRE) — SigmaTron International, Inc. (NASDAQ: SGMA), an electronic manufacturing services company (the “Company”), today reported revenues and earnings for the fiscal quarter ended October 31, 2023. Revenues from continuing operations decreased $9.5 million, or 9 percent, to $98.7 million in the second quarter of fiscal 2024, compared to $108.2 million for the same quarter in the prior year. Net income from continuing operations for the second quarter ended October 31, 2023, was breakeven, compared to net income of $3.1 million for the same quarter in the prior year. Diluted income per share from continuing operations for the quarter ended October 31, 2023 was zero, compared to $0.51 income per share for the same quarter in the prior year. For the six months ended October 31, 2023,...

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