Day: June 5, 2024

Transcontinental Inc. Announces Results for the Second Quarter of Fiscal 2024

Written by Customer Service on June 5, 2024. Posted in Earnings Releases And Operating Results.

HighlightsRevenues of $683.2 million for the quarter ended April 28, 2024; operating earnings of $33.2 million; and net earnings attributable to shareholders of the Corporation of $15.9 million ($0.18 per share). Adjusted operating earnings before depreciation and amortization(1) of $110.1 million for the quarter ended April 28, 2024; adjusted operating earnings(1) of $72.3 million; and adjusted net earnings attributable to shareholders of the Corporation(1) of $45.3 million ($0.52 per share). Growth in adjusted operating earnings before depreciation and amortization(1) of 1.0%, including an increase of 5.6% in the Packaging Sector. Continued to roll-out raddarTM. Closed the Tomah, Wisconsin, plant on February 2, 2024 and the Saint-Hyacinthe, Québec, plant on April 20, 2024 with a transfer of operations to other plants in the network,...

Canoe EIT Income Fund Announces June 2024 Monthly Distribution

Written by Customer Service on June 5, 2024. Posted in Dividend Reports And Estimates.

CALGARY, Alberta, June 05, 2024 (GLOBE NEWSWIRE) — Canoe EIT Income Fund (the “Fund”) (TSX – EIT.UN) announces the June 2024 monthly distribution of $0.10 per unit. The distribution will be paid on July 15, 2024 to unitholders of record on June 21, 2024. The ex-distribution date for this distribution is June 21, 2024. About Canoe EIT Income FundCanoe EIT Income Fund is one of Canada’s largest closed-end investment funds, designed to maximize monthly distributions and capital appreciation by investing in a broadly diversified portfolio of high quality securities. The Fund is listed on the TSX under the symbol EIT.UN, and is actively managed by Robert Taylor, Senior Vice President and Chief Investment Officer, Canoe Financial. About Canoe Financial Canoe Financial is one of Canada’s fastest growing independent mutual fund companies...

AGF REPORTS May 2024 ASSETS UNDER MANAGEMENT and FEE-EARNING ASSETS

Written by Customer Service on June 5, 2024. Posted in Public Companies.

TORONTO, June 05, 2024 (GLOBE NEWSWIRE) — AGF Management Limited reported total assets under management (AUM) and fee-earning assets1 of $47.8 billion as at May 31, 2024.AUM ($ billions)May 31, 2024 April 30, 2024 % ChangeMonth-Over-Month May 31,2023 % Change Year-Over-YearTotal Mutual Fund $26.9 $26.2 $23.6 Exchange-traded funds + Separately managed accounts $1.8 $1.9 $1.4 Segregated accounts and Sub-advisory $6.4 $7.2 $7.0 AGF Private Wealth $8.0 $7.8 $7.1 Subtotal (before AGF Capital Partners AUM and fee-earning assets1) $43.1 $43.1 $39.1 AGF Capital Partners $2.6 $2.6 $0.1 Total AUM $45.7 $45.7 0.0% $39.2 16.6%AGF Capital Partners fee-earning assets1 $2.1 $2.1 $2.0 Total AUM and fee-earning assets1 $47.8 $47.8 0.0% $41.2 16.0% Average Daily Mutual Fund...

LGI Homes, Inc. Reports May 2024 Home Closings

Written by Customer Service on June 5, 2024. Posted in Public Companies.

THE WOODLANDS, Texas, June 05, 2024 (GLOBE NEWSWIRE) — LGI Homes, Inc. (NASDAQ: LGIH) today announced it closed 579 homes in May 2024. As of May 31, 2024, the Company had 130 active selling communities. About LGI Homes, Inc. Headquartered in The Woodlands, Texas, LGI Homes, Inc. is a pioneer in the homebuilding industry, successfully applying an innovative and systematic approach to the design, construction and sale of homes across 36 markets in 21 states. As one of America’s fastest growing companies, LGI Homes has closed over 70,000 homes since its founding in 2003 and has delivered profitable financial results every year. Nationally recognized for its quality construction and exceptional customer service, LGI Homes was named to Newsweek’s list of the World’s Most Trustworthy Companies. LGI Homes’ commitment to excellence extends...

Innospec and IJM Announce New Partnership to Strengthen Protection for Palm Oil Workers in Southeast Asia

Written by Customer Service on June 5, 2024. Posted in Public Companies.

ENGLEWOOD, Colo., June 05, 2024 (GLOBE NEWSWIRE) — Innospec Inc. (NASDAQ: IOSP), a global leader in specialty chemicals, is proud to announce that its Performance Chemicals business has entered into a social partnership with International Justice Mission (IJM). IJM is a global nonprofit organization working with local authorities in 33 communities to combat modern slavery and violence against women, rescuing and restoring victims, holding perpetrators accountable, and strengthening the local public justice systems to build a safe future that lasts. The partnership will focus on addressing the pressing issue of forced labor and labor trafficking in the Southeast Asia palm oil sector. By addressing the root causes of modern slavery and empowering key stakeholders, the collaboration will strengthen protection for palm oil workers...

Rivian CFO to participate in the Deutsche Bank Global Auto Industry Conference

Written by Customer Service on June 5, 2024. Posted in Public Companies.

IRVINE, Calif., June 05, 2024 (GLOBE NEWSWIRE) — Rivian (NASDAQ: RIVN) has today announced that on Tuesday, June 11, 2024, at 3:25 p.m. EDT, its CFO, Claire McDonough, will participate in a fireside chat at the Deutsche Bank Global Auto Industry Conference. A live webcast of the chat will be available here, and a recording of the session will be available on the same link following the event. About Rivian:Rivian (NASDAQ: RIVN) is an American automotive manufacturer that develops and builds category-defining electric vehicles and accessories. The company creates innovative and technologically advanced products that are designed to excel at work and play with the goal of accelerating the global transition to zero-emission transportation and energy. Rivian vehicles are built in the United States and are sold directly to consumer and...

Gentherm Announces New Stock Repurchase Authorization

Written by Customer Service on June 5, 2024. Posted in Public Companies.

NORTHVILLE, Mich., June 05, 2024 (GLOBE NEWSWIRE) — Gentherm (NASDAQ: THRM), the global market leader of innovative thermal management and pneumatic comfort technologies for the automotive industry and a leader in medical patient temperature management systems, today announced that its Board of Directors authorized a new stock repurchase program of $150 million of the Company’s issued and outstanding common stock. The new program will take effect upon the conclusion of Gentherm’s current program that began in 2020. As of June 4, 2024, the current stock repurchase program had approximately $26 million of repurchase authorization remaining. “The new stock repurchase program reflects the Board of Director’s confidence in Gentherm’s future performance and our ability to generate strong cash flow,” said Phil Eyler, President and CEO....

AVITA Medical Achieves Milestone with First Case Using RECELL GO

Written by Customer Service on June 5, 2024. Posted in Public Companies.

Joseph M. Still Burn Center at Doctors Hospital of Augusta first to treat a patient using AVITA Medical’s FDA-Approved RECELL GO System for thermal burn wounds and full-thickness skin defects VALENCIA, Calif., June 05, 2024 (GLOBE NEWSWIRE) — AVITA Medical, Inc. (NASDAQ: RCEL, ASX: AVH), a commercial-stage regenerative medicine company focused on first-in-class devices for wound care management and skin restoration, today announced that the Joseph M. Still Burn Center at Doctors Hospital of Augusta is the first U.S. burn center to treat a patient using its RECELL GO™ System. Recently FDA-approved, RECELL GO is a next-generation autologous cell harvesting device that harnesses the regenerative properties of a patient’s own skin to treat thermal burn wounds and full-thickness skin defects. “Completing the first case with RECELL...

Oil-Dri Doubles its Historical Dividend Increase and Marks 21st Consecutive Year of Dividend Increases

Written by Customer Service on June 5, 2024. Posted in Dividend Reports And Estimates.

CHICAGO, June 05, 2024 (GLOBE NEWSWIRE) — The Board of Directors of Oil-Dri Corporation of America (NYSE: ODC) today declared quarterly cash dividends of $0.31 per share of the Company’s Common Stock and $0.233 per share of the Company’s Class B Stock, an approximate 7% increase for both classes of stock. This declaration marks the 21st consecutive year the Company has increased dividends. Oil-Dri has paid cash dividends continuously since 1974, and historically has increased quarterly cash dividends by $0.01 per share of Common Stock on an annual basis. However, as a result of the Company’s strong financial performance and confidence in its future growth, today the Board of Directors approved a $0.02 per share increase in the quarterly cash dividend. The dividends declared will be payable on August 23, 2024 to stockholders of...

Victoria’s Secret & Co. Reports First Quarter 2024 Results

Written by Customer Service on June 5, 2024. Posted in Earnings Releases And Operating Results.

First quarter sales, operating income and EPS at high-end of previously announced preliminary results Provides second quarter guidance and reaffirms full year 2024 outlook Proxy advisory firms recommend in favor of all director candidates, approval of increased capacity under the stock plan, and say-on-pay REYNOLDSBURG, Ohio, June 05, 2024 (GLOBE NEWSWIRE) — Victoria’s Secret & Co. (“Victoria’s Secret” or the “Company”) (NYSE: VSCO) today reported financial results for the first quarter ended May 4, 2024. Chief Executive Officer Martin Waters commented on the first quarter, “I am encouraged by our results in the quarter which were at the high-end of our previously announced preliminary results calling for adjusted operating income up to $40 million. We experienced sequential improvement in quarterly sales trends in North America...

Day: June 5, 2024

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals