Year: 2023
America’s Most Responsible Companies 2024 by NewsweekWabash is recognized by Newsweek as one of America’s Most Responsible Companies for 2024.LAFAYETTE, Ind., Dec. 21, 2023 (GLOBE NEWSWIRE) — Wabash (NYSE: WNC), the innovation leader of connected solutions for the transportation, logistics and distribution industries, was recently recognized among Newsweek’s America’s Most Responsible Companies 2024.
Newsweek partnered with global research and data firm Statista to recognize the top 600 most responsible companies, focusing on a holistic view of corporate responsibility that considers all three pillars of ESG: environment, social and corporate governance.
Wabash President and Chief Executive Officer Brent Yeagy expressed the company’s commitment to being a responsible corporate citizen, stating, “We understand...
Hestia Insight Inc. Unveils Innovative Marketing Plan to Assist Emerging Companies
Written by Customer Service on . Posted in Public Companies.
LAS VEGAS, NV, Dec. 21, 2023 (GLOBE NEWSWIRE) — via NewMediaWire – Hestia Insight Inc. (OTCQB: HSTA) (“Hestia Insight” and the “Company”), a company focused on the development and operation of novel technologies and providing marketing, management, business, and capital markets advisory services to its clients, today announced the launch of its new marketing plan – a strategic initiative designed to empower emerging growth companies by integrating professional expertise, top-tier talent, and AI solutions.
Aligned with the Company’s goal of leadership in business plan and pitch deck drafting and preparation, and investor outreach and training, the Company’s new marketing plan initiative focuses on building and developing brands, attracting new customers and partners, and achieving success within the respective...
Range Impact Announces $1.7 Million Capital Raise Led by Strategic Investors
Written by Customer Service on . Posted in Public Companies.
CLEVELAND, OHIO, Dec. 21, 2023 (GLOBE NEWSWIRE) — Range Impact, Inc. (OTC: RNGE) (“Range Impact”), a public company dedicated to improving the health and wellness of people and the planet through a novel and innovative approach to impact investing, announced the closing of a $1,700,000 capital raise.
Capital Raise
The capital raise was led by Intelligent Fanatics Capital Management, a Pennsylvania-based microcap investment firm, Carlson Ridge Capital, a Colorado-based value investment firm, and Dickinson Group, a multi-generational West Virginia-based family office with significant land holdings and business interests throughout Appalachia. Also participating in the latest capital raise were Edward Feighan, Range Impact’s Chairman of the Board, Michael Cavanaugh, Range Impact’s CEO and Board Member, and Andrew Tobias, best-selling...
Capital Product Partners L.P. Announces Closing of Transaction to Acquire 11 Newbuild LNG Carriers Pursuant to Umbrella Agreement
Written by Customer Service on . Posted in Mergers And Acquisitions.
ATHENS, Greece, Dec. 21, 2023 (GLOBE NEWSWIRE) — Capital Product Partners L.P. (the “Partnership”, “CPLP”, or “we”/ “us”) (NASDAQ:CPLP) today announced the closing of the umbrella agreement (the “Umbrella Agreement”) entered into on November 13, 2023 with Capital Maritime & Trading Corp. (“Capital Maritime”) and Capital GP L.L.C. (the “General Partner”) providing for the acquisition of 11 newbuild liquefied natural gas carrier vessels (“LNG/C”) from Capital Maritime (the “Vessels”) for a total acquisition price of $3,130.0 million. Upon the closing of the Umbrella Agreement, CPLP today entered into 11 share purchase agreements to acquire 100% of the equity interests in each vessel-owning company of the Vessels (the “Vessel SPAs”).
Vessel Acquisitions
Each Vessel will have a capacity of 174,000 Cubic Meters and was built or...
AAR reports second quarter fiscal year 2024 results
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
Second quarter sales of $545 million, up 16% over the prior year
Second quarter GAAP diluted earnings per share from continuing operations of $0.67, compared to $0.64 in Q2 FY2023
Record second quarter adjusted diluted earnings per share from continuing operations of $0.81, up 17% from $0.69 in Q2 FY2023
Second quarter cash flow provided by operating activities from continuing operations of $17 million
Announced highly strategic agreement to acquire Triumph Group’s Product Support business for $725 millionWOOD DALE, Ill., Dec. 21, 2023 (GLOBE NEWSWIRE) — AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, today reported second quarter fiscal year 2024 consolidated sales of $545.4 million and income from continuing operations of $23.8 million, or $0.67 per diluted...
Mission Produce(TM) Announces Fiscal 2023 Fourth Quarter Financial Results
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
OXNARD, Calif., Dec. 21, 2023 (GLOBE NEWSWIRE) — Mission Produce, Inc. (Nasdaq: AVO) (“Mission” or the “Company”), a world leader in sourcing, producing, and distributing fresh Hass avocados with additional offerings in mangos and blueberries, today reported its financial results for the fiscal fourth quarter ended October 31, 2023.
Fiscal Fourth Quarter 2023 Financial Overview:Total revenue increased 8% to $257.9 million compared to the same period last year driven by a 8% increase in average per-unit avocado selling prices, partially offset by a 4% decrease in avocado volume sold
Net income of $4.0 million, or $0.06 per diluted share, compared to net loss of $(42.0) million, or $(0.59) per diluted share, for the same period last year, which included a non-cash charge of $49.5 million related to goodwill impairment
Adjusted...
Rapala VMC Completes the Acquisition of 13 Fishing; Purchases Remaining Shares of DQC International
Written by Customer Service on . Posted in Public Companies.
NEWS RELEASE
December 21st, 2023
Rapala VMC Corporation has bought James Coble’s remaining 40% shareholding of DQC International, the owner of the 13 Fishing rod and reel brand.
“We have now come full circle and Rapala will enter full-time into the U.S. rod and reel market,” said Lars Ollberg, President and CEO of Rapala VMC Corporation. “Rapala has already set its highly qualified, nationwide sales force on ‘full alert’ to start business January 1!”
“The time is right to start selling this innovative brand as the market slowly normalizes following the Covid uncertainties,” Ollberg added. “13 Fishing already has a proven track record of building a dynamic brand and developing innovative products. In a relatively short time, it has successfully wedged itself into the world’s most competitive fishing tackle market. We thank James Coble for...
Air France-KLM and Air France take note of the two judgments of the General Court of the European Union
Written by Customer Service on . Posted in Public Companies.
Paris, December 21, 2023
Air France-KLM and Air France take note of the two judgments of the General Court of the European Union rendered on December 20, 2023, annulling a 2020 Commission decision and a 2021 Commission decision which approved various French State aid measures during the Covid 19 crisis.
Air France-KLM and Air France will carefully study these judgments and assess their implications. They will consider whether to lodge an appeal on points of law before the Court of Justice of the European Union. In parallel, they will contribute to any exchange between the French State and the European Commission with a view to the adoption of possible new approval decisions.
Air France-KLM reminds that Air France-KLM and Air France have complied with and fulfilled all exit requirements of all State aid granted under the EU State Aid Temporary...
Jotul AS to redeem its outstanding up to NOK 750,000,000 senior secured floating rate bonds with ISIN NO0011104069
Written by Customer Service on . Posted in Public Companies.
Jøtul AS hereby announces that its up to NOK 750,000,000 senior secured floating rate bonds with ISIN NO0011104069 (the “Bonds“) will be redeemed in advance in accordance with Clause 9.3 (Voluntary total redemption (call option)) of the terms and conditions of the Bonds.
The redemption date will be 24 January 2024. The redemption amount for each Bond shall be 102.085 per cent. of the nominal amount, plus accrued but unpaid interest up to, but excluding, the applicable redemption date. The redemption amount will be paid to the bondholders holding Bonds on the applicable record date (being 22 January 2024).
Jøtul AS’s obligation to redeem the Bonds on the redemption date is conditional upon the successful issue prior to the applicable record date of Jøtul AS’s senior secured floating rate bond issue in an initial...
Standard Uranium Announces Closing of Final Tranche of Private Placement
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NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
VANCOUVER, British Columbia, Dec. 21, 2023 (GLOBE NEWSWIRE) — Standard Uranium Ltd. (“Standard Uranium” or the “Company”) (TSX-V: STND) (OTCQB:STTDF) (Frankfurt: FWB:9SU) is pleased to announce that it has closed the final tranche of its private placement (the “Offering”). In connection with closing of the final tranche, the Company issued 6,841,700 units of the Company (each, a “Unit”) at a price of C$0.05 per Unit for gross proceeds of $342,085. Each Unit consists of one common share of the Company and one-half of one common share purchase warrant. Each whole warrant entitles the holder to purchase one common share of the Company at a price of $0.09 at any time on or before December 21, 2025.
Three insiders of the Company participated...
