Day: June 3, 2024
NEW YORK, June 03, 2024 (GLOBE NEWSWIRE) — FTAI Aviation Ltd. (NASDAQ: FTAI), a Cayman Islands exempted company (the “Company” or “FTAI”) previously announced the commencement of a tender offer (the “Tender Offer”) by Fortress Transportation and Infrastructure Investors LLC (“FTAI LLC”), a wholly owned subsidiary of the Company, to purchase for cash up to $100,000,000 aggregate principal amount of its outstanding 9.750% Senior Notes due 2027 (the “2027 Notes”) on the terms and conditions described in FTAI LLC’s Offer to Purchase, dated June 3, 2024, as amended by the terms set forth herein (the “Offer to Purchase”). FTAI LLC hereby amends the Tender Offer to purchase for cash up to $300,000,000 in aggregate principal amount of the 2027 Notes. Capitalized terms used but not defined in this announcement have the meanings given to...
RTNDA Awards 78 Regional Edward R. Murrow Awards to 35 Gray Television Stations
Written by Customer Service on . Posted in Public Companies.
ATLANTA, June 03, 2024 (GLOBE NEWSWIRE) — Gray Television, Inc. (“Gray”) (NYSE: GTN) announced today that the Radio Television Digital News Association (RTDNA) awarded a combined 78 regional Edward R. Murrow awards for excellence in journalism to 35 of Gray’s local stations, led by nine separate awards to WVUE in New Orleans, Louisiana, and six to Hawaii News Now in Honolulu, Hawaii. Among the highest honors:Seven awards for Overall Excellence — the highest honor bestowed — to KTUU in Anchorage, Alaska; WAFB in Baton Rouge, Louisiana; WMTV in Madison, Wisconsin; WRDW in Augusta, Georgia; WTVG in Toledo, Ohio; WVLT in Knoxville, Tennessee; and WVUE in New Orleans.Eight awards for Investigative Reporting to Hawaii News Now in Honolulu; KCRG in Cedar Rapids, Iowa; KCTV in Kansas City, Missouri; WANF in Atlanta, Georgia; WAVE...
Increasing 2024 full-year guidance
Written by Customer Service on . Posted in Public Companies.
ANNOUNCEMENT
A.P. Møller – Mærsk A/S – Increasing 2024 full-year guidance
On the back of continued strong container market demand and the disruption caused by the ongoing crisis in the Red Sea, A.P. Møller – Mærsk A/S (APMM) now also sees signs of further port congestions, especially in Asia and the Middle East, and additional increase in container freight rates. This development is gradually building up and is expected to contribute to a stronger financial performance in the second half of 2024.
Based on these developments, APMM upgrades its full-year 2024 guidance and now expects underlying EBITDA of USD 7 to 9bn and EBIT of USD 1 to 3bn (previously USD 4 to 6bn and USD -2 to 0bn, respectively), and free cash flow of at least USD 1bn (previously at least USD -2bn).
Trading conditions remain subject to higher than normal...
Kitron: Issue of shares under share incentive program
Written by Customer Service on . Posted in Public Companies.
(2024-06-03) Reference is made to Kitron ASA’s previous disclosures regarding its share incentive program. Kitron has received exercise notices from the participants in the share incentive program and Kitron’s board of directors has consequently resolved to issue 700,027 new shares. The shares are issued to the option holders at a strike price of NOK 0.10 per share pursuant to the board authorisation resolved in Kitron’s general meeting held 25 April 2024.
In total, 1,250,000 options were exercised. In addition, Kitron has decided to convert 549,973 exercised options under the share incentive program against cash consideration. The cash consideration will be utilised to cover the tax cost for the option holders which will be subject to advance tax deduction by Kitron after exercise of the options. The conversion of options...
Anfield Energy Announces Completion of Annual Filings and Reinstatement of Trading
Written by Customer Service on . Posted in Public Companies.
VANCOUVER, British Columbia, June 03, 2024 (GLOBE NEWSWIRE) — Anfield Energy, Inc. (TSX.V: AEC; OTCQB: ANLDF; FRANKFURT: 0AD) (“Anfield” or “the Company”) announces that it has filed its annual financial statements, accompanying management’s discussion and analysis and related officer certifications (collectively, the “Annual Filings”) for the financial year ended December 31, 2023. Following completion of the filings, the British Columbia Securities Commission has revoked the previously issued cease trade order (the “CTO”). Anfield expects its shares to be reinstated for trading on the TSX Venture Exchange at the open of markets on or about June 5, 2024.
The Annual Filings had not been filed due to an unanticipated change in auditor practices which led to a requirement to reverse an asset impairment charge related to the...
InspireSemi Announces Delayed 2023 Annual General and Special Meeting as Well as Periodic Business Update Date and Time
Written by Customer Service on . Posted in Public Companies.
VANCOUVER, British Columbia and AUSTIN, Texas, June 03, 2024 (GLOBE NEWSWIRE) — Inspire Semiconductor Holdings Inc. (TSXV: INSP) (“InspireSemi” or the “Company”), a chip design company that provides revolutionary high-performance, energy-efficient accelerated computing solutions for High Performance Computing (HPC), AI, graph analytics, and other compute-intensive workloads, is pleased to announce that the Annual General and Special meeting (the “AGSM“) for the year ended December 31, 2022 will be held in person at the Company’s offices at 11305 Four Points Drive, Suite 2-250, Austin, TX 78726 at 9:00 a.m. (Central Standard Time) on June 28, 2024.
The AGSM was due to be held by December 13, 2023. The Company applied for and received the approval of the BC Corporate Registry and the TSX Venture Exchange (the “TSXV”)...
L’Oréal announces launch of fourth employee share ownership plan
Written by Customer Service on . Posted in Public Companies.
L’Oréal today announces the launch of its fourth Employee Share Ownership Plan, allowing employees to purchase shares in L’Oréal and more closely participate in its development. In 2024, the plan will be rolled out in all countries where it is feasible (63 in total) and features enhanced accessibility for employees recently joining the Groupe.
“We introduced the Employee Share Ownership Plan in 2018 to enable employees to join in the great collective adventure that is L’Oreal Groupe. The response was outstanding – and since then, more than 37,000 employees have participated, demonstrating their commitment and confidence in the future growth and values of the Groupe,” said Nicolas Hieronimus, Chief Executive Officer, L’Oréal Groupe. “We wish to continue to share in our success with as many employees as possible, in France and internationally,...
PRESS RELEASE: BIGBEN: 2023/24: STRONG EARNINGS GROWTH
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
Press release
Lesquin, 3 June 2024, 6pm CET
2023/24: STRONG EARNINGS GROWTHSALES: €295 MILLION, UP 4.1%
EBITDA: €78 MILLION, UP 40.8%
OPERATING INCOME: €23.8 MILLION, UP 20.2%2024/25: CONTINUING GROWTH IN BUSINESS LEVELS AND OPERATING INCOME
Bigben Interactive (ISIN FR0000074072) is today announcing consolidated results for its 2023/24 financial year (from 1 April 2023 to 31 March 2024) as finalised by the Board of Directors in its meeting of 3 June 2024.Consolidated IFRS figures (€ million)
2023/24
2022/23
ChangeSales (non-IFRS)
295.0
283.5
+4.1%Adjustment for the partial disposal of Gollum
(3.0)
IFRS sales
292.0
283.5
Gross profit% of sales
142.548.8%
127.0 44.8%
+12.2%Ebitda% of sales
78.026.7% 55.4 19.5%
+40.8%Operating...
Kadant Acquires Dynamic Sealing Technologies
Written by Customer Service on . Posted in Mergers And Acquisitions.
Expands Flow Control Segment with Fluid Rotary Union Manufacturer
WESTFORD, Mass., June 03, 2024 (GLOBE NEWSWIRE) — Kadant Inc. (NYSE: KAI) today announced it has completed the acquisition of Dynamic Sealing Technologies LLC and affiliates (“DSTI”) for approximately $55 million in cash, subject to certain customary adjustments. The acquisition was financed through borrowings under Kadant’s revolving credit facility.
DSTI is a leader in engineered fluid sealing and transfer solutions for rotating applications. The company specializes in the design, manufacture, and integration of fluid rotary unions, electrical slip rings, and value-added products used to transfer hydraulic fluid, water, air, and other liquids and gases in a variety of industrial processes. With its primary operations in Andover, Minnesota, the company employs...
PRESS RELEASE: NACON: STRONG EARNINGS GROWTH IN 2023/24
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
Press release
Lesquin, 3 June 2024, 6pm CET
STRONG EARNINGS GROWTH IN 2023/24EBITDA: €70.9 MILLION, UP 45%
OPERATING INCOME: €20.9 MILLION, UP 20.5%
NET INCOME: €17.5 MILLION, UP 37.3%2024/25: CONTINUING GROWTH IN BUSINESS LEVELS AND OPERATING INCOME
NACON (ISIN FR0013482791) is today announcing consolidated results for its 2023/24 financial year (from 1 April 2023 to 31 March 2024) as finalised by the Board of Directors in its meeting of 3 June 2024.Consolidated IFRS figures (€ million)
2023/24
2022/23
ChangeSales (non-IFRS)
170.7
156.0
+9.4%Adjustment for the partial disposal of Gollum
(3.0)
IFRS sales
167.7
156.0
+7.5%Gross profit% of sales
104.262.1%
92.159.1%
+13.1%Ebitda% of sales
70.942.3%
48.931.4%
+45.0%Operating income% of sales
20.912.5%
17.311.1%
+20.5%Net...