Month: February 2024

Earth Alive Acquires Interlube and Completes Simplified Vertical Merger

Written by Customer Service on February 1, 2024. Posted in Mergers And Acquisitions.

MONTREAL, Feb. 01, 2024 (GLOBE NEWSWIRE) — Earth Alive Clean Technologies Inc. (TSXV: EAC – “Earth Alive” or the “Company”), a leader in the development, production, and distribution of technological solutions facilitating the shift from the chemical era to the biological era, is pleased to announce the successful acquisition of Interlube Inc. (“Interlube”), a Quebec-based provider of biodegradable lubricants for industrial needs (“Transaction”). Following the Transaction’s closure, Earth Alive has completed a simplified vertical merger with Interlube. About Interlube Interlube specializes in biodegradable lubricants and excels in converting various equipment from mineral to biological. Operating primarily in Quebec, where mining activities are prominent, the company serves...

Rogers Communications Reports Fourth Quarter 2023 Results; Announces 2024 Financial Guidance

Written by Customer Service on February 1, 2024. Posted in Earnings Releases And Operating Results.

Rogers reports record 2023 results driven by strong execution on Shaw acquisition combined with industry-leading performance as more Canadians are choosing Rogers than any other carrier for second straight year Rogers delivers industry-leading 2023 financial results led by strong execution by entire teamService revenue of $16.8 billion, up 27% Adjusted EBITDA1 of $8.6 billion, up 34% Free cash flow1 of $2.4 billion, up 36% 2023 postpaid mobile phone nets adds of 674,000, up 24% Ended year with 11.6 million wireless customers and 4.2 million retail Internet customers from coast to coastQ4 results reflect industry-leading growth in Wireless and Cable operationsTotal service revenue up 30%; adjusted EBITDA up 39% Wireless service revenue up 9%; adjusted EBITDA up 10%Q4 postpaid mobile phone net adds of 184,000; growth in pro forma...

Diabetic Retinopathy Market Set to Soar Past USD 13.77 Billion by 2030 | Skyquest Technology

Written by Customer Service on February 1, 2024. Posted in Mergers And Acquisitions.

The diabetic retinopathy market, encompassing both proliferative and non-proliferative forms, is set for growth from 2023 to 2030. Management options, including Anti-VEGF treatments, intraocular steroid injections, laser surgery, and vitrectomy, will drive advancements and market expansion during this period. Westford,USA, Feb. 01, 2024 (GLOBE NEWSWIRE) — The global Diabetic Retinopathy market size is expected to reach USD 13.77 billion by 2030 and exhibit a CAGR of 6.4% in the forecast period (2023−2030), according to Skyquest’s latest research report. The increasing global prevalence of diabetes, as diabetic retinopathy, is a common complication of diabetes, the increasing awareness and early diagnosis of diabetic retinopathy through regular eye screening programs, the advancements in diagnostic technologies such as optical...

Parker Reports Fiscal 2024 Second Quarter Results

Written by Customer Service on February 1, 2024. Posted in Earnings Releases And Operating Results.

Sales increased 3% to $4.8 billion; organic sales increased 3% Segment operating margin was 21.1%, or a record 24.5% adjusted, an increase of 300 basis points EPS were $5.23, or a record $6.15 adjusted, an increase of 29% Company increases outlook for segment operating margin and EPSCLEVELAND, Feb. 01, 2024 (GLOBE NEWSWIRE) — Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today reported results for the fiscal 2024 second quarter ended December 31, 2023. Sales were a record at $4.8 billion, an increase of 3%, compared with $4.7 billion in the second quarter of fiscal 2023. Net income was $681.9 million compared with $395.2 million in the prior year quarter. Adjusted net income was $802.4 million, an increase of 30% compared with $618.9 million in the second quarter of fiscal 2023....

Hillman Sets Fourth Quarter 2023 Earnings Release and Results Presentation Date

Written by Customer Service on February 1, 2024. Posted in Earnings Releases And Operating Results.

CINCINNATI, Feb. 01, 2024 (GLOBE NEWSWIRE) — Hillman Solutions Corp. (Nasdaq: HLMN) (“Hillman”), a leading provider of hardware products and merchandising solutions, plans to host a conference call to discuss its results for the thirteen and fifty-two weeks ended December 30, 2023 on Thursday, February 22, 2024 at 8:30 a.m. Eastern Time. Hillman will issue its earnings release on the same day prior to the results presentation. Chairman, President, and Chief Executive Officer Doug Cahill, Chief Financial Officer Rocky Kraft, and Chief Operating Officer Jon Michael Adinolfi will host the results presentation. Results Presentation Details: Date: Thursday, February 22, 2024Time: 8:30 a.m. Eastern TimeListen-Only Webcast: https://edge.media-server.com/mmc/p/m89p3d4r/ Research analysts wishing to participate in the call’s live question...

Form 8.3 – [WINCANTON PLC – 31 01 2024] – (CGAML)

Written by Customer Service on February 1, 2024. Posted in Mergers And Acquisitions.

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: CANACCORD GENUITY ASSET MANAGEMENT LIMITED (for Discretionary Clients)(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. N/A(c) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree WINCANTON PLC(d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: N/A(e) Date position...

HII Reports Fourth Quarter and Full Year 2023 Results

Written by Customer Service on February 1, 2024. Posted in Earnings Releases And Operating Results.

Fourth quarter revenues grew 13% year over year, to a record $3.2 billion Record 2023 revenues of $11.5 billion, grew 7.3% year over year Diluted earnings per share was $6.90 for the fourth quarter, $17.07 for 2023 Net cash provided from operations was $970 million, and free cash flow1 was $692 million in 2023NEWPORT NEWS, Va., Feb. 01, 2024 (GLOBE NEWSWIRE) — HII (NYSE:HII) reported fourth quarter 2023 revenues of $3.2 billion, up 13% from the fourth quarter of 2022, due to higher volumes at all three segments. Operating income in the fourth quarter of 2023 was $312 million and operating margin was 9.8%, compared to $105 million and 3.7%, respectively, in the fourth quarter of 2022, primarily due to higher segment operating income1. Diluted earnings per share in the quarter was $6.90, compared to $3.07 in the fourth quarter...

Form 8.3 – [YOUNG & CO.’S BREWERY PLC 31 01 2024] – (CGWL)

Written by Customer Service on February 1, 2024. Posted in Mergers And Acquisitions.

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: CANACCORD GENUITY WEALTH LIMITED (for Discretionary clients)(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. N/A(c) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree YOUNG & CO.’S BREWERY PLC(d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: N/A(e) Date...

Allegro MicroSystems Reports Third Quarter 2024 Results

Written by Customer Service on February 1, 2024. Posted in Public Companies.

–Total Sales Increased 2% Year-over-Year ––E-Mobility Drives 18% Year-over-Year Increase in Automotive Sales – MANCHESTER, N.H., Feb. 01, 2024 (GLOBE NEWSWIRE) — Allegro MicroSystems, Inc. (“Allegro” or the “Company”) (Nasdaq:ALGM), a global leader in power and sensing semiconductor solutions for motion control and energy efficient systems, today announced financial results for its third quarter ended December 29, 2023. “We delivered third-quarter net sales of $255 million, up 2% year-over-year, driven by continued strength in Automotive, which grew 18% year-over-year. Non-GAAP EPS was $0.32, 10% above the midpoint of guidance on in-line sales, and free cash flow increased $27 million, or more than 170% sequentially,” said Vineet Nargolwala, President and CEO of Allegro. “Sales into e-Mobility applications increased by 45%...

Lithium Ionic Appoints Mike Westendorf as Vice President of Technical Services, Further Enhancing its Operational Team as it Advances Bandeira, Minas Gerais, Brazil

Written by Customer Service on February 1, 2024. Posted in Public Companies.

TORONTO, Feb. 01, 2024 (GLOBE NEWSWIRE) — Lithium Ionic Corp. (TSXV: LTH; OTCQX: LTHCF; FSE: H3N) (“Lithium Ionic” or the “Company”) is pleased to announce the appointment of Mike Westendorf to the position of Vice President of Technical Services, effective immediately. Mr. Westendorf is a professional engineer with over 15 years of diversified experience in mining operations, capital projects, engineering, and corporate development. Blake Hylands, P.Geo., Chief Executive Officer of Lithium Ionic, commented: “We are thrilled to welcome Mike to the Lithium Ionic team. His demonstrated track record in all aspects of the mine lifecycle, from study to production, will be invaluable as we quickly advance the Bandeira lithium project towards a production decision. Mike’s technical expertise and proven leadership abilities...

Month: February 2024

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