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Day: January 30, 2024

Kelly Ahuja Appointed to Celestica’s Board of Directors

TORONTO, Jan. 30, 2024 (GLOBE NEWSWIRE) — Celestica Inc. (TSX: CLS) (NYSE: CLS), a leader in design, manufacturing and supply chain solutions for the world’s most innovative companies, is pleased to announce the appointment of Kulvinder (Kelly) Ahuja to its Board of Directors effective January 29, 2024. “I’m pleased to welcome Kelly to the Board of Directors of Celestica,” said Mike Wilson, Chair, Celestica’s Board of Directors. “Kelly brings extensive industry knowledge and leadership acumen that will be valuable to the Board as we continue to strive to create shareholder value.” Mr. Ahuja has more than three decades of experience in networking and telecommunications. Currently, he is the CEO of Versa Networks, an innovative leader in SASE, security, networking and SD-WAN, and in this role he is deeply engaged with enterprises,...

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Hampton Financial Corporation – Proposed Private Placement

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, Jan. 30, 2024 (GLOBE NEWSWIRE) — Hampton Financial Corporation (“Hampton” or the “Company”, TSXV:HFC) advises that it proposes to sell 700,000 subordinate voting shares, at the price of $0.50 per share for aggregate proceeds of $350,000, to its CEO, Peter Deeb, in a non-brokered private placement transaction. Proceeds from the private placement will be used for working capital purposes. The transaction constitutes a ‘related party transaction’ as defined in Multilateral Instrument 61-101 – Protection of Minority Security Holders In Special Transactions (“MI 61-101”) but is exempt from the shareholder approval and formal valuation requirements under MI 61-101 as the fair market value of the securities to be issued will be less than...

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Petrus Resources Declares Monthly Dividend for February 2024

CALGARY, Alberta, Jan. 30, 2024 (GLOBE NEWSWIRE) — Petrus Resources Ltd. (“Petrus” or the “Company”) (TSX: PRQ) is pleased to confirm that its Board of Directors has declared a monthly dividend in the amount of $0.01 per share payable February 29, 2024, to shareholders of record on February 16, 2024. The dividend is designated as an eligible dividend for Canadian income tax purposes. ABOUT PETRUSPetrus is a public Canadian oil and gas company focused on property exploitation, strategic acquisitions and risk-managed exploration in Alberta. FOR FURTHER INFORMATION PLEASE CONTACT:Ken Gray President and Chief Executive Officer T: 403-930-0889 E: kgray@petrusresources.com

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Ashland reports financial results1 for first quarter fiscal 2024; issues outlook for second quarter and full-year fiscal 2024

Sales of $473 million, down 10 percent from the prior-year quarter Net income (including discontinued operations) of $26 million, or $0.51 per diluted share Income from continuing operations of $28 million, or $0.54 per diluted share Adjusted income from continuing operations excluding intangibles amortization expense of $23 million, or $0.45 per diluted share Adjusted EBITDA of $70 million Cash flows provided by operating activities of $201 million; ongoing free cash flow2 of $66 millionWILMINGTON, Del., Jan. 30, 2024 (GLOBE NEWSWIRE) — Ashland Inc. (NYSE: ASH) today announced financial results1 for the first quarter of fiscal year 2024, which ended December 31, 2023, and issued its outlook for second quarter and full-year fiscal 2024. The global additives and specialty ingredients company holds leadership positions in high-quality,...

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Post Holdings’ President and CEO Rob Vitale to Return from Medical Leave

ST. LOUIS, Jan. 30, 2024 (GLOBE NEWSWIRE) — Post Holdings, Inc. (NYSE: Post) (“Post”), a consumer packaged goods holding company, today announced that Robert V. Vitale will end his medical leave and continue his full duties as President and Chief Executive Officer, effective January 30, 2024. Jeff A. Zadoks, who has served as interim CEO, will continue his position as Executive Vice President and Chief Operating Officer. “I am grateful to my family, my excellent medical team, my colleagues at Post, and all who have supported me,” said Mr. Vitale. “I am excited and energized about what we will accomplish in 2024 and beyond.” About Post Holdings, Inc. Post Holdings, Inc., headquartered in St. Louis, Missouri, is a consumer packaged goods holding company with businesses operating in the center-of-the-store, refrigerated, foodservice...

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Myriad Genetics Names George Daneker Jr., MD, as President and Chief Clinical Officer of Oncology

SALT LAKE CITY, Jan. 30, 2024 (GLOBE NEWSWIRE) — Myriad Genetics, Inc., (NASDAQ: MYGN), a leader in genetic testing and precision medicine, today announced the appointment of George Daneker Jr., MD, as President and Chief Clinical Officer of Oncology, effective March 18, 2024. Dr. Daneker brings more than 30 years of oncology and precision medicine experience deeply rooted in providing accessible and equitable oncology care for all patients. In his new role, he will be responsible for leading the commercial and clinical strategy to advance Myriad’s oncology portfolio, which currently offers germline testing, tumor profiling and companion diagnostic options, including homologous recombination deficiency (HRD) testing. “We are pleased to welcome George to Myriad. He is an accomplished healthcare leader with a proven ability to spearhead...

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Kharmagtai Drilling Highlights Continued Growth Potential

Figure 1Kharmagtai copper-gold district showing defined mineral deposits and completed infill drill holes, deep exploration drill holes, and shallow exploration drill holes since the last announced drilling results.Figure 2Cross section 591980mE through the White Hill deposit.Figure 3Cross section 592385mE through the White Hill and Stockwork Hill deposits.Figure 4Cross section 591820mE through the White Hill deposit.Figure 5Cross section 595400mE through the Golden Eagle deposit.Figure 6Cross section 595275mE through the Golden Eagle deposit.Figure 7Cross section drill hole KHDDH779TORONTO, Jan. 30, 2024 (GLOBE NEWSWIRE) — Xanadu Mines Ltd (ASX: XAM, TSX: XAM) (Xanadu, XAM or the Company) is pleased to provide an update on exploration drilling at the Kharmagtai Project...

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SPX Technologies to Report Fourth Quarter and Full-Year 2023 Financial Results and Present 2024 Financial Guidance

CHARLOTTE, N.C., Jan. 30, 2024 (GLOBE NEWSWIRE) — SPX Technologies (NYSE:SPXC) announced today that it will release its financial results for the fourth quarter and full-year of fiscal year 2023 after the U.S. financial markets close on Thursday, February 22, 2024. In conjunction with this announcement, SPX Technologies’ President and Chief Executive Officer Gene Lowe and SPX Technologies’ Vice President, Chief Financial Officer and Treasurer Mark Carano will discuss the Company’s financial results and business outlook during a conference call on Thursday, February 22, 2024, at 4:45 p.m. (Eastern Time). A live webcast of the call and the slide presentation will be available on the “Investor Relations” page of the Company’s website at www.spx.com. Call Access:  To access the call by phone, please use the following link to receive...

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Ponce Financial Group, Inc. Reports Fourth Quarter 2023 Results

NEW YORK, Jan. 30, 2024 (GLOBE NEWSWIRE) — Ponce Financial Group, Inc., (the “Company”) (NASDAQ: PDLB), the holding company for Ponce Bank (the “Bank”), today announced results for the fourth quarter of 2023. Fourth Quarter 2023 Highlights (Compared to Prior Periods):Net income of $0.5 million, or $0.02 per diluted share for the three months ended December 31, 2023, as compared to net income of $2.6 million, or $0.12 per diluted share for the three months ended September 30, 2023 and net loss of ($9.2) million, or ($0.40) per diluted share for the three months ended December 31, 2022. Included in the $0.5 million of net income for the fourth quarter of 2023 results is $35.0 million in interest and dividend income and $1.3 million in non-interest income, offset by $17.9 million in non-interest expense and $17.8 million in interest...

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First Capital, Inc. Reports Annual And Quarterly Earnings

CORYDON, Ind., Jan. 30, 2024 (GLOBE NEWSWIRE) — First Capital, Inc. (the “Company”) (NASDAQ: FCAP), the holding company for First Harrison Bank (the “Bank”), today reported net income of $12.8 million, or $3.82 per diluted share, for the year ended December 31, 2023, compared to net income of $11.9 million, or $3.55 per diluted share, for the year ended December 31, 2022. Net interest income after provision for credit losses increased $2.1 million for the year ended December 31, 2023 compared to the same period in 2022. Interest income increased $9.7 million when comparing the two periods due to an increase in the average tax-equivalent yield on interest-earning assets from 3.10% for the year ended December 31, 2022 to 3.96% for the same period in 2023. Interest expense increased $7.4 million as the average cost of interest-bearing...

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