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Year: 2023

Deceptive Short Seller Muddy Waters Once Again Has Its “Facts” Wrong

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...

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MT Højgaard Holding A/S: MT Højgaard Holding sells stake in Seth – upgrades revenue outlook

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...

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Draft tax assessment on Norwegian transfer price audit

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...

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MasterCraft Boat Holdings, Inc. to Webcast Fiscal First Quarter 2024 Earnings Conference Call Wednesday, November 8, 2023

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...

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SYNERGIE : Quarterly turnover grows to €794.1m (+7.8%)

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...

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RBAZ Bancorp, Inc. Announces Unaudited Financial Results For the Quarter Ending September 30, 2023

Despite Headwinds, RBAZ Delivers Strong Quarterly Earnings PHOENIX, Oct. 25, 2023 (GLOBE NEWSWIRE) — RBAZ Bancorp, Inc. (OTCIQ: RBAZ) (the “Company”), parent company of Republic Bank of Arizona (the “Bank” or “RBAZ”), announced a consolidated net income of $748,000, or $0.41 per share, for the quarter ended September 30, 2023 and $1,771,000, or $0.98 per share, for the nine months ended September 30, 2023 as compared to a consolidated net income of $490,000, or $0.27 per share, for the quarter ended September 30, 2022 and $1,270,000, or $0.70 per share, for the nine months ended September 30, 2022. Current year earnings of $0.98 per share were attributable entirely to core operations. Prior year earnings of $0.70 per share were comprised of $0.60 per share attributable to core operations and $0.10 per share due to impacts from...

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The Marquie Group Acquires INSANITEA and SANITEA Brands for New Nutritional Product Development

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...

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REE Automotive Initial Order Book Value Jumps to Approximately $40 Million

REE’s P7-C Electric TruckREE’s P7-C Electric TruckREE’s P7-C Electric TruckREE’s P7-C Electric Truck• Company’s initial order book value doubles since late August 2023 • Midwest Transit Equipment joins REE’s Authorized Dealer Network and places binding order • Deliveries to Midwest Transit Equipment are planned to begin in Q1 2024 TEL AVIV, Israel, Oct. 25, 2023 (GLOBE NEWSWIRE) — REE Automotive Ltd. (Nasdaq: REE), an automotive technology company and provider of fully by-wire electric trucks and platforms, today announced its initial order book value1 has doubled since late August 2023. REE’s initial order book value is now approximately $40 million with a recent binding order by Midwest Transit Equipment (MTE), a leading bus dealer in the US, that is now entering the commercial electric...

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Bavarian Nordic’s Mpox Vaccine Receives Recommendation from U.S. CDC Advisory Committee for Routine Use in Adults at Risk

COPENHAGEN, Denmark, October 25, 2023 – Bavarian Nordic A/S (OMX: BAVA) announced today that the U.S. Centers for Disease Control and Prevention’s (CDC) Advisory Committee on Immunization Practices (ACIP) has voted in favor of recommending the routine use of JYNNEOS®, the Company’s FDA-approved mpox vaccine, in adults at risk of mpox infection. Specifically, the ACIP voted to recommend that individuals 18 years and older with certain risk factors1 should receive the two-dose regimen of JYNNEOS. Previously, ACIP had recommended JYNNEOS for individuals at risk of mpox only during an outbreak. The recommendations will be forwarded to the Director of the CDC and the U.S. Department of Health and Human Services for review and following approval, the recommendations will be published in the Morbidity and Mortality Weekly Report. The CDC estimates...

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Nokia Corporation: Repurchase of own shares on 25.10.2023

                           STOCK EXCHANGE RELEASE              25 October 2023                         Nokia CorporationStock Exchange Release              25 October 2023 at 21:00 EEST              Nokia Corporation: Repurchase of own shares on 25.10.2023                                                       Espoo, Finland – On 25 Oct 2023 Nokia Corporation (LEI: 549300A0JPRWG1KI7U06) has acquired its own shares (ISIN FI0009000681) as follows:                                        Trading venue (MIC Code) Number of shares Weighted average price / share, EUR*        AQEU 14,428 3.06        CEUX 43,358 3.07        TQEX 9,099 3.06        XHEL 391,115 3.06        Total 458,000 3.06        * Rounded to two decimals On 3 February 2022, Nokia announced that its Board of Directors is...

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