Month: January 2024

Bird Bolsters Capabilities, Capacity, and Recurring Revenue With Agreement to Acquire Leading Alberta Electrical Service Provider

Written by Customer Service on January 18, 2024. Posted in Mergers And Acquisitions.

MISSISSAUGA, Ontario, Jan. 18, 2024 (GLOBE NEWSWIRE) — Bird Construction Inc. (TSX: BDT) announced today that it has acquired the assets of NorCan Electric Inc. (“NorCan”) for a total consideration of $11 million. The transaction is expected to be accretive, enhancing earnings per share by $0.04 in 2024. All transaction agreements have been completed, and the transaction is effective today. NorCan is a leading electrical and instrumentation contractor with up to 450 electricians providing maintenance turnaround and sustaining capital services in the Regional Municipality of Wood Buffalo in Alberta. During their 25 years of service in the region, they have developed deep, long-term relationships based on their strong service delivery and safety program. Since 2018, NorCan has operated through an Indigenous partnership, the NorCan/Infinity...

OceanFirst Financial Corp. Announces Quarterly and Annual Earnings and Financial Results

Written by Customer Service on January 18, 2024. Posted in Earnings Releases And Operating Results.

RED BANK, N.J., Jan. 18, 2024 (GLOBE NEWSWIRE) — OceanFirst Financial Corp. (NASDAQ:“OCFC”) (the “Company”), the holding company for OceanFirst Bank N.A. (the “Bank”), announced net income available to common stockholders of $26.7 million, or $0.46 per diluted share, for the quarter ended December 31, 2023, as compared to $52.3 million, or $0.89 per diluted share, for the corresponding prior year period, and $19.7 million, or $0.33 per diluted share, for the prior linked quarter. For the year ended December 31, 2023, the Company reported net income available to common stockholders of $100.0 million, or $1.70 per diluted share, as compared to $142.6 million, or $2.42 per diluted share, for the prior year. Selected performance metrics are as follows (refer to “Selected Quarterly Financial Data” for additional information): For...

Bank OZK Announces Record Fourth Quarter and Full Year 2023 Earnings

Written by Customer Service on January 18, 2024. Posted in Earnings Releases And Operating Results.

LITTLE ROCK, Ark., Jan. 18, 2024 (GLOBE NEWSWIRE) — Bank OZK (the “Bank”) (Nasdaq: OZK) today announced that net income available to common stockholders for the fourth quarter of 2023 was a record $171.1 million, a 7.7% increase from $158.8 million for the fourth quarter of 2022. Diluted earnings per common share for the fourth quarter of 2023 were a record $1.50, an 11.9% increase from $1.34 for the fourth quarter of 2022. For the full year of 2023, net income available to common stockholders was $674.6 million, a 23.2% increase from $547.5 million for the full year of 2022. Diluted earnings per common share for the full year of 2023 were $5.87, a 29.3% increase from $4.54 for the full year of 2022. Pre-tax pre-provision net revenue (“PPNR”) was $262.6 million for the fourth quarter of 2023, an 8.9% increase from $241.0 million...

Aspen Group Reports Revenue of $13.8 Million for Second Quarter Fiscal 2024

Written by Customer Service on January 18, 2024. Posted in Earnings Releases And Operating Results.

Q2 Fiscal 2024 HighlightsGross margin increased by 300 basis points to 63% Operating loss improved 66% to ($0.5) million from ($1.5) million Narrowed net loss to ($1.6) million from ($2.3) million 4th consecutive quarter of positive EBITDA; generated positive cash from operations AGI total enrollment grew by 5% YoY and 34% sequentially; USU enrollment rose by 8% YoYNEW YORK, Jan. 18, 2024 (GLOBE NEWSWIRE) — Aspen Group, Inc. (OTCQB: ASPU) (“AGI” or the “Company”), an education technology holding company, today announced financial results for its second quarter fiscal year 2024 ended October 31, 2023. Second Quarter Fiscal Year 2024 Summary Results Three Months Ended October 31, Six Months Ended October 31,$ in millions, except per share data 2023 2022 2023 2022 Revenue $ 13.8 $ 17.1 $ 28.5 $ 36.0 Gross...

UMH PROPERTIES, INC. WILL HOST FOURTH QUARTER AND FULL YEAR 2023 FINANCIAL RESULTS WEBCAST AND CONFERENCE CALL

Written by Customer Service on January 18, 2024. Posted in Public Companies.

FREEHOLD, NJ, Jan. 18, 2024 (GLOBE NEWSWIRE) — UMH Properties, Inc. (NYSE:UMH) (TASE:UMH), a real estate investment trust (REIT) specializing in manufactured home communities, announced that it will host its Fourth Quarter and Full Year 2023 Financial Results Webcast and Conference Call. Senior management will discuss the results, current market conditions and future outlook on Thursday, February 29, 2024, at 10:00 a.m. Eastern Time. UMH’s Fourth Quarter and Full Year 2023 results will be released on Wednesday, February 28, 2024, after the close of trading on the New York Stock Exchange and will be available on the Company’s website at www.umh.reit, in the Financials section. To participate in the webcast, select the webcast icon on the homepage of the Company’s website at www.umh.reit, in the Upcoming Events section. Interested...

ITW Schedules Fourth Quarter and Full Year 2023 Earnings Webcast

Written by Customer Service on January 18, 2024. Posted in Public Companies.

GLENVIEW, Ill., Jan. 18, 2024 (GLOBE NEWSWIRE) — Illinois Tool Works Inc. (NYSE: ITW) will issue its fourth quarter and full year 2023 results on Thursday, February 1, 2024 at 7:00 a.m. CST. Following the release, ITW will hold its fourth quarter and full year 2023 earnings webcast at 9:00 a.m. CST. To access the webcast for the event, please click on the following link:ITW Q4 2023 Earnings Webcast If you are a participant on the conference call, please dial 1-888-660-6652 (domestic) or 1-646-960-0554 (international) 10 minutes prior to the 9:00 a.m. CST start time. The passcode is “ITW.” Following the webcast, presentation materials and an audio webcast replay will be available at http://investor.itw.com. An audio-only replay will be available from February 1 through February 8 by dialing 1-800-770-2030 (domestic) or 1-647-362-9199...

Chlorinated Polyvinyl Chloride Market Size Worth USD 4.26 Billion in 2032 | Emergen Research

Written by Customer Service on January 18, 2024. Posted in Mergers And Acquisitions.

Alternative to metal pipes and is resistant to internal and external corrosion, high temperature and corrosion, and increasing usage of fire sprinkler systems and tubes are some of the major factors driving the Chlorinated Polyvinyl Chloride (CPVC) market revenue growth. Vancouver, Jan. 18, 2024 (GLOBE NEWSWIRE) — The global Chlorinated Polyvinyl Chloride (CPVC) market size was USD 1.48 billion in 2022 and is expected to register a revenue CAGR of 11.2% during the forecast period. Alternative to metal pipes and is resistant to internal and external corrosion, high temperature and corrosion, and increasing usage of fire sprinkler systems and power cable casing and tubes are some of the major factors driving the Chlorinated Polyvinyl Chloride (CPVC) market revenue growth. Corrosion resistance and durability of CPVCs are one of...

Brandywine Realty Trust Announces Tax Characteristics of Its 2023 Distributions

Written by Customer Service on January 18, 2024. Posted in Dividend Reports And Estimates.

PHILADELPHIA, Jan. 18, 2024 (GLOBE NEWSWIRE) — Brandywine Realty Trust (NYSE: BDN) announced today the tax characteristics of its 2023 distributions. The tax reporting will be done on Form 1099-DIV and shareholders are encouraged to consult with their personal tax advisors as to the specific tax treatment of dividends. The characteristics of the Company’s distributions are as follows: Common Shares of Beneficial Interest (CUSIP 105368203)2023 Dividend Dates Record 1/5 Payment 1/19 Record 4/5 Payment 4/19 Record 7/6 Payment 7/20 Record 10/4 Payment 10/18 Totals % of Annual TotalGross Distribution Per Share $0.190000 $0.190000 $0.190000 $0.150000 $0.720000 100.0%(Boxes 1a+2a+3) Taxable Ordinary Dividend $0.131266 $0.093141 $0.093141 $0.073533 $0.391081 54.4%(Box 1a) Qualified Dividend Income $0 $0 $0 $0 $0 (Box...

Upwards revision of 2023 net profit guidance

Written by Customer Service on January 18, 2024. Posted in Public Companies.

Upwards revision of 2023 net profit guidance Danish Ship Finance revises its net profit guidance: Full-year 2023 net profit is now expected to be DKK 818 million. The upward revision is driven by higher-than expected reversal of loan impairment charges and higher investment income. Underlying trading conditions otherwise remain broadly unchanged. On 27 November 2023 we guided for full-year net profit in the range of DKK 650 million to DKK 700 million while stating that this could be exceeded if additional positive effects were to materialise in the remainder of the year. The results guidance remains subject to finalisation of year-end accounting and audit processes.AttachmentNo 28 – Upwards revision of 2023 net profit guidance

Toll Brothers Announces Grand Opening of Two Model Homes in Hosford Farms Terra Collection in Portland, Oregon

Written by Customer Service on January 18, 2024. Posted in Public Companies.

New luxury model homes feature stunning architectural and interior designToll Brothers at Hosford FarmsTwo new Toll Brothers model homes are now open in Hosford Farms Terra Collection in Portland, OregonToll Brothers at Hosford Farms“We are excited to open our stunning new model homes in the Terra Collection at Toll Brothers at Hosford Farms, showcasing our variety of home designs and architecture in this incredible community,” said Kelley Moldstad, Group President of Toll Brothers in Oregon and Washington.PORTLAND, Ore., Jan. 18, 2024 (GLOBE NEWSWIRE) — Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, today announced the highly anticipated grand opening of its model homes at Toll Brothers at Hosford Farms – Terra Collection, a new luxury home community in the Bethany neighborhood...

Month: January 2024

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