Month: February 2024

Urges Stockholders to Wait to Receive the Company’s Definitive Proxy Statement and WHITE Proxy Card Issues Open Letter to Focused Compounding PINE MOUNTAIN, Georgia, Feb. 01, 2024 (GLOBE NEWSWIRE) — Parks! America, Inc. (OTCPink: PRKA) (the “Company”) announced today that it has filed its preliminary proxy statement with the U.S. Securities and Exchange Commission (“SEC”) in connection with its Special Meeting of Stockholders (the “Special Meeting”) to be held February 26, 2024. The Company urges stockholders to wait to receive its definitive proxy statement and WHITE Proxy Card in the mail prior to determining how to vote at the Special Meeting. The Company also issued an open letter to Focused Compounding Fund, LP (collectively with its affiliates “Focused Compounding”). The full text of the letter follows. Dear Focused Compounding, As...

GUELPH, Ontario, Feb. 01, 2024 (GLOBE NEWSWIRE) — Hammond Power Solutions Inc. (“HPS” or the “Company”) (TSX: HPS.A) today announced the appointment of Mr. John Bailey as Chief Operations Officer (“COO”) effective as of January 1, 2024, who will succeed Mr. Bohdan (Bob) Yusyp who is expected to be retiring in April 2024. “Over the past 15 years, John has grown his career in operations directly under Bob’s mentorship,” said Adrian Thomas, Chief Executive Officer of HPS. “During that time, John has built significant experience working with our clients and strategically planning our operations to meet future demand. From his early days at HPS in production and planning, John quickly progressed to more senior roles, leading special projects such as system conversions, plant start-ups and expansions, successfully reaching the role of...

HOUSTON and LONDON, Feb. 01, 2024 (GLOBE NEWSWIRE) — Baker Hughes (NASDAQ: BKR) announced today that the Baker Hughes Board of Directors declared an increased quarterly cash dividend of $0.21 per share of Class A common stock payable on Feb. 23, 2024, to holders of record on Feb. 13, 2024. In line with our stated goal to responsibly grow the dividend over time, the dividend increase reflects a 5% growth rate, or $0.01, over the previous quarter’s dividend and an 11% increase, or $0.02, compared to the same quarter last year. Baker Hughes expects to fund its quarterly cash dividend from cash generated from operations. About Baker Hughes:Baker Hughes (NASDAQ: BKR) is an energy technology company that provides solutions to energy and industrial customers worldwide. Built on a century of experience and conducting business in over 120...

ST. LOUIS, Feb. 01, 2024 (GLOBE NEWSWIRE) — Post Holdings, Inc. (NYSE:POST), a consumer packaged goods holding company, today reported results for the first fiscal quarter ended December 31, 2023. Highlights:First quarter net sales of $2.0 billion Operating profit of $209.3 million; net earnings of $88.1 million and Adjusted EBITDA (non-GAAP)* of $359.5 million Raised fiscal year 2024 Adjusted EBITDA (non-GAAP)* outlook to $1,290-$1,340 million*For additional information regarding non-GAAP measures, such as Adjusted EBITDA, Adjusted net earnings, Adjusted diluted earnings per common share and segment Adjusted EBITDA, see the related explanations presented under “Use of Non-GAAP Measures” later in this release. Post provides Adjusted EBITDA guidance only on a non-GAAP basis and does not provide a reconciliation of its forward-looking...

MONTREAL, Feb. 01, 2024 (GLOBE NEWSWIRE) — TC Transcontinental (TSX: TCL.A TCL.B) announced today that it will gradually reduce operations at its printing plant in Saint-Hyacinthe (Québec), with a complete closure scheduled in April 2024. Its activities will gradually be transferred to other plants of the TC Transcontinental Printing network, mainly to the plant located in the Anjou borough of Montréal. “With the end of Publisac announced on November 3 and its gradual replacement by raddarTM, printed at our Anjou plant, we regretfully had to make the decision to close our Saint-Hyacinthe plant,” said Pierre Deslongchamps, Senior Vice President, Retail, Newspapers, Distribution, Magazines, Books and Catalogues, TC Transcontinental Printing. “Closing a plant we’ve operated since acquiring it in 1979 is a difficult decision, and we...