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Year: 2023

Meritage Reports Third Quarter 2023 Results Operating Margin Improvements Ahead

GRAND RAPIDS, Mich., Oct. 20, 2023 (GLOBE NEWSWIRE) — Meritage Hospitality Group Inc. (OTCQX: MHGU), the nation’s premier franchise operator, today reported financial results for the third quarter and the nine months ended October 1, 2023. 2023 Third Quarter Highlights:Sales increased +6.1% to $170.3 million compared to $160.6 million for the same period last year. Earnings from Operations increased +6.4% to $3.2 million compared to $3.0 million for the same period last year. Net Earnings were $0.0 million compared to $1.8 million for the same period last year. Consolidated EBITDA (a non-GAAP measure) was $8.1 million compared to $8.8 million for the same period last year.“Company restaurant sales remained solid in the third quarter, increasing to a record $170.3 million. Our key ongoing metric, Earnings from Operations increased...

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Nexus Industrial REIT Announces Q3 2023 Results Date and October and November Distributions

TORONTO, Oct. 20, 2023 (GLOBE NEWSWIRE) — Nexus Industrial REIT (the “REIT”) (TSX: NXR.UN) announced today that it intends to release its financial results for the quarter ended September 30, 2023 before the opening of the TSX on Wednesday, November 15, 2023. Management of the REIT will host a conference call at 1:00 PM Eastern Standard Time on Wednesday, November 15, 2023 to review the financial results and operations. To participate in the conference call, please dial 416-915-3239 or 1-800-319-4610 (toll free in Canada and the US) at least five minutes prior to the start time and ask to join the Nexus Industrial REIT conference call. A recording of the conference call will be available until December 15, 2023. To access the recording, please dial 604-674-8052 or 1-855-669-9658 (toll free in Canada and the US) and...

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Nokia Corporation: Repurchase of own shares on 20.10.2023

Nokia CorporationStock Exchange Release20 October 2023 at 21:00 EEST Nokia Corporation: Repurchase of own shares on 20.10.2023 Espoo, Finland – On 20 October 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*XHEL 455,153 3.01CEUX 10,450 3.01AQEU 2,162 3.01TQEX 235 3.01Total 468,000 3.01* Rounded to two decimals On 3 February 2022, Nokia announced that its Board of Directors is initiating a share buyback program under the authorization granted by Nokia’s Annual General Meeting on 8 April 2021 to return up to EUR 600 million of cash to shareholders in tranches over a period of two years. The second phase of the share buyback program in compliance with the Market Abuse Regulation (EU)...

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VALUE LINE, INC. DECLARES A QUARTERLY CASH DIVIDEND OF $0.28 PER COMMON SHARE

NEW YORK, Oct. 20, 2023 (GLOBE NEWSWIRE) — Value Line, Inc. (NASDAQ: VALU) announced today that its Board of Directors declared on October 20, 2023 a quarterly cash dividend of $0.28 per common share, payable on November 9, 2023, to stockholders of record on October 30, 2023. The Company has 9,427,552 shares of common stock outstanding as of October 20, 2023. Value Line, Inc. is a leading New York based provider of investment research. The Value Line Investment Survey is one of the most widely used sources of independent equity investment research. Value Line also publishes a range of proprietary investment research in both print and digital formats including research in the areas of Mutual Funds, ETFs and Options. Value Line’s acclaimed research also enables the Company to provide specialized products such as Value Line Select,...

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Onex Partners to Acquire Accredited from R&Q Insurance Holdings

All amounts in U.S. dollars unless otherwise stated  TORONTO, Oct. 20, 2023 (GLOBE NEWSWIRE) — Onex Corporation (“Onex”) (TSX: ONEX) today announced that Onex Partners V has agreed to acquire Accredited, the global program management business of R&Q Insurance Holdings (“R&Q”). Accredited is a specialty insurance company operating in North America and Europe that provides underwriting capacity to Managing General Agents (“MGAs”) with support from the global reinsurance market. Accredited operates as a hybrid fronting carrier, retaining a portion of the premium and risk it underwrites while ceding the majority to reinsurance partners. It is the only dedicated hybrid fronting carrier to provide A- rated insurance capacity in each of the U.S., UK, and EU, with licenses to write admitted business in all 50 U.S. states. Adam...

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Bank of the James Announces Third Quarter, Nine Months of 2023 Financial Results and Declaration of Dividend

Positive Earnings, Deposit Growth, Strong Asset Quality LYNCHBURG, Va., Oct. 20, 2023 (GLOBE NEWSWIRE) — Bank of the James Financial Group, Inc. (the “Company”) (NASDAQ:BOTJ), the parent company of Bank of the James (the “Bank”), a full-service commercial and retail bank, and Pettyjohn, Wood & White, Inc. (“PWW”), an SEC-registered investment advisor, today announced unaudited results of operations for the three and nine month periods ended September 30, 2023. The Bank serves Region 2000 (the greater Lynchburg MSA) and the Blacksburg, Charlottesville, Harrisonburg, Lexington, Roanoke, and Wytheville, Virginia markets. Net income for the three months ended September 30, 2023 was $2.08 million or $0.46 per basic and diluted share compared with $2.57 million or $0.55 per basic and diluted share for the three months ended September...

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Chino Commercial Bancorp Reports Third Quarter Earnings

CHINO, Calif., Oct. 20, 2023 (GLOBE NEWSWIRE) — The Board of Directors of Chino Commercial Bancorp (OTC: CCBC), the parent company of Chino Commercial Bank, N.A., announced the results of operations for the Bank and the consolidated holding company for the third quarter ended September 30, 2023. Net earnings for the third quarter of 2023, were $1.3 million, which remains consistent with the same quarter last year. Net earnings per basic and diluted share were $0.40 for the third quarter of 2023 and 2022, respectively. Net earnings year-to-date increased by 8.17% or by $303 thousand, to $3.7 million, as compared to $3.4 million for the same period last year. Net earnings per basic and diluted share was $1.16 for the period ending September 30, 2023 and $1.06 for the same period last year. Dann H. Bowman, President and Chief Executive...

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Correction: Issue of Equity and Total Voting Rights – Replacement

This announcement replaces the announcement issued on 20 October 2023 at 2.15pm. OCTOPUS APOLLO VCT PLC Issue of Equity and Total Voting Rights Octopus Apollo VCT plc (the ‘Company’) announces that 22,549,054 Ordinary Shares of 0.1p each (the ‘Shares’) were issued and allotted on 19 October 2023 (subject to Admission) pursuant to the Company’s offer for subscription (the ‘Offer’), to raise £35 million, with an over-allotment facility of £15 million, in the 2022/2023 and 2023/2024 tax years. The Shares were issued at a price of 56.2p each in accordance with the terms of the prospectus dated 20 October 2022 that was issued by the Company in connection with the Offer. Application for the Shares to be admitted to the Official List of the Financial Conduct Authority (“FCA”) and to trading on the London Stock Exchange’s main market for listed...

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ABO-Group Environment specialises in new niche with the acquisition of SWBO

Ghent, 20th of October 2023, 18:00 CET, press release / non-regulatory informationABO-Group acquires Belgian engineering firm SWBO, specialising in the design of road and sewerage works Through this acquisition, ABO-Group broadens its pallet of services within infrastructure projectsSWBO, based in Dendermonde, is an engineering company specialising in the design of road and sewerage works. It is also active in the field of soil surveys. The company has more than 30 years of experience and elaborates studies for car parks and pavements, up to the complete design of passageways and residential parcels. To this end, SWBO has a team of structural engineers, draughtsmen, engineers and surveyors. “For ABO-Group, the acquisition represents an entry into a field in which we were not previously active,” says CEO Frank De Palmenaer....

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WISeKey and OISTE Foundation Advocate for a decentralized AI at the Global Dialogue event organized by United Nations Alliance of Civilizations (UNAOC)

                 WISeKey and OISTE Foundation Advocate for a decentralized AI at the Global Dialogue event organized by United Nations Alliance of Civilizations (UNAOC)UN Web TV: Follow the United Nations UNAC 2nd Global Dialogue “The Role of Artificial Intelligence” at https://media.un.org/en/webtv WISeKey’s presentations scheduled for October 20, 2023 at 12:00 pm CET and 3:00 pm CET GENEVA – October 20, 2023: WISeKey International Holding Ltd. (“WISeKey”) (SIX: WIHN, NASDAQ: WKEY), a leader in cybersecurity, digital identity, and Internet of Things (IoT) solutions operating as a holding company, today announced that in cooperation with OISTE Foundation, in a decisive move towards safeguarding individual rights within the digital realm, recently presented a comprehensive critique and strategic approach to current AI structures at the...

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