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Month: February 2024

Barnwell Industries, Inc. Reports First Quarter Results

Meaningful Production Increases Across all ProductsContinued Reduction in General and Administrative Expenses HONOLULU, Feb. 12, 2024 (GLOBE NEWSWIRE) — Barnwell Industries, Inc. (NYSE American: BRN) today reported financial results for the first quarter ended December 31, 2023. The Company posted quarterly revenue of $6,155,000 and a net loss of $664,000, or $0.07 per share. In the three months ended December 31, 2022, the Company had quarterly revenue of $7,511,000 and net earnings of $1,089,000, or $0.11 per share. Mr. Alexander C. Kinzler, Chief Executive Officer of Barnwell, commented, “Our loss for the quarter was the result of a decline in prices of all products; oil, natural gas, and natural gas liquids which decreased 7%, 57%, and 34%, respectively, as compared to the prior year period, together with a decline in land...

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The new romantics: Gen Z shuns Valentine’s clichés in favour of pre-loved gifts, Adevinta research reveals

Younger European consumers lead the way in sustainable gifting this Valentine’s Day, with 49% preferring to receive a one-of-a-kind pre-loved gift rather than a new, mass-produced item. But last minute panic buying of traditional Valentine’s merchandise means unwanted gifts are being thrown away or resold online.12 February 2024 – Younger generations across Europe are leading in the race for romance this Valentine’s Day, with 43% of Gen Z saying they plan to buy gifts for family, friends and loved ones, compared to 36% of Gen X and just 25% of Baby Boomers.  That’s according to a new survey of 5,000 European consumers from Adevinta, a leading online classifieds group, which counts leboncoin (FR), Kleinanzeigen (DE), Marktplaats (NL), Milanuncios (ES), Subito (IT) and 2dehands/2ememain (BE) amongst its European re-commerce...

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Verde announces partnership with leading carbon developer, WayCarbon, to monetise carbon credits

SINGAPORE, Feb. 12, 2024 (GLOBE NEWSWIRE) — Verde AgriTech Ltd (TSX: “NPK”) (“Verde” or the “Company”) is pleased to announce a strategic partnership with WayCarbon to bolster the development and monetization of its carbon removal project. WayCarbon is 80% owned by Banco Santander, one of Europe’s largest banks. It is a leading developer of carbon removal projects and a pioneer in climate change mitigation and sustainability solutions. The partnership is based on Verde’s specialty multi-nutrient potassium fertilizer K Forte® (the “Product”) and its potential to permanently capture CO2 through Enhanced Rock Weathering. “This partnership with WayCarbon marks a new chapter for Verde. It represents a crucial step towards monetization of Verde’s own significant carbon removal potential and allows the Company to collaborate on...

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CORRECTION – Magna Announces Fourth Quarter 2023 Results and 2024 Outlook

Swamy Kotagiri, Magna’s Chief Executive Officer“I am pleased with our 2023 operating performance, highlighted by strong execution on higher sales, success in offsetting inflationary pressures, and the benefits from operational excellence activities across the company. We completed the acquisition of Veoneer Active Safety, and are on track to deliver meaningful synergies to our combined Active Safety business. As we begin 2024, we remain focused on delivering on our short- and long- term growth, while emphasizing margin expansion, increasing free cash flow and driving returns on investment.”In a release issued under the same headline on Friday, February 9th by Magna International Inc. (TSX: MG; NYSE: MGA), please note that some of the information in the Consolidated Statements of Cash Flows and Supplemental Data tables has been...

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Man Group PLC : Form 8.3 – Redrow Group plc

FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORERule 8.3 of the Takeover Code (the “Code”) 1.        KEY INFORMATION(a)   Full name of discloser: Man Group PLC(b)   Owner or controller of interests and short positions disclosed, if different from 1(a):        The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.  (c)   Name of offeror/offeree in relation to whose relevant securities this form relates:        Use a separate form for each offeror/offeree Redrow plc(d)   If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:  (e)   Date position held/dealing undertaken:        For an opening position disclosure,...

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Auction of Treasury Bills on 14 February 2024

The treasury bills for sale have the following stock exchange codes:        Name Stock exchange code MaturityDGTB 03/06/24 24 / II 98-19310 3 June 2024The sale will settle on 16 February 2024 at the stop-rate for each serie. In case of bid on stop-rate a pro-rata ratio may occur. The deadline for bidding is 10.15 on the day of the auction.

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PCI Biotech: Invitation to second half interim 2023 results presentation

Oslo, Norway, 12 February 2024 – PCI Biotech (OSE: PCIB) invites to a webcast presentation of the company’s second half 2023 interim report on Wednesday 14 February 2024, 08:30am – 09:30am CET (local time). The presentation will be held as a live webcast and can be accessed through www.pcibiotech.com. The presentation will be held in Norwegian. There will be a Q&A session at the end of the presentation and it will be possible to post written questions through the webcast console. The interim report and presentation will be made available on www.newsweb.no and on the company’s webpage, www.pcibiotech.com, from 07.00am CET the same day. For further information, please contact:Ronny Skuggedal, CEO / CFOEmail: rs@pcibiotech.noMobile: +47 9400 5757 About PCI Biotech          PCI Biotech is a biopharmaceutical company...

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Believe has received a proposal from a consortium to make an offer for all outstanding shares at 15 euros per share

Believe has received a proposal from a consortium to make an offer for all outstanding shares at 15 euros per shareTCV, EQT, together with Denis Ladegaillerie have agreed to form a consortium to make an offer for all Believe outstanding shares; Offer Price of €15 per share representing a premium of +21.0% over the last closing price before announcement of the offer, and a premium of +43.8% and +52.2% respectively over the volume-weighted 30 and 120-day average share prices; The Board of Directors of Believe, acting unanimously, favorably welcomes the proposal and has set up an ad-hoc committee made up of 3 independent directors and appointed Ledouble as an independent expert; Tender offer expected to be filed with the AMF during the second quarter of 2024; Believe takes the opportunity of this announcement to reiterate its 2023 outlook.Paris,...

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Multitude SE Launches All-Employees Shareholder Programme to Strengthen Employee Ownership

Multitude SE Launches All-Employees Shareholder Programme to Strengthen Employee Ownership Helsinki, 12 February 2024 – Multitude SE, is a listed European FinTech company, offering digital lending and online banking services to consumers, small and medium-sized businesses, and other FinTechs (ISIN: FI4000106299, WKN: A1W9NS) (“Multitude” or “Company”) announces the initiation of its Multitude Employees Shareholder Programme, where all eligible employees are entitled to receive 50 free Multitude shares this year. This programme’s primary purpose is to align the interests of employees and shareholders and provide extra rewards for them. On the other hand, the All-Employees Shareholder Programme not only strengthens employee ownership and dedication to the Company but also expresses the new focus on generating more shareholder value...

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