Day: July 19, 2024

Acme United Reports 29% Increase in Net Income for Second Quarter of 2024

Written by Customer Service on July 19, 2024. Posted in Earnings Releases And Operating Results.

SHELTON, Conn., July 19, 2024 (GLOBE NEWSWIRE) — Acme United Corporation (NYSE American: ACU) today announced that net sales for the quarter ended June 30, 2024 were $55.4 million compared to $53.3 million in the second quarter of 2023, an increase of 4%. Excluding the impact of the Camillus and Cuda hunting and fishing product lines sold on November 1, 2023, net sales for the second quarter of 2024 increased 8% compared to the second quarter of 2023. Net sales for the six months ended June 30, 2024 were $100.4 million, compared to $99.2 million in the same period in 2023, an increase of 1%. Excluding Camillus and Cuda, net sales for the six months increased 5% compared to the same period in 2023. Net income was $4.5 million, or $1.09 per diluted share, for the quarter ended June 30, 2024, compared to $3.4 million, or $0.96 per...

Grayscale Investments® Announces Record Date and Distribution Date for Grayscale Bitcoin Trust (Ticker: GBTC) Shareholders

Written by Customer Service on July 19, 2024. Posted in Dividend Reports And Estimates.

STAMFORD, Conn., July 19, 2024 (GLOBE NEWSWIRE) — Grayscale Investments®, the world’s largest crypto asset manager*, offering more than 20 crypto investment products, today announced that it has set a record date of July 30, 2024 (the “Record Date”) for the initial creation and distribution of shares of Grayscale Bitcoin Mini Trust (the “BTC Trust”) to shareholders of Grayscale Bitcoin Trust (Ticker: GBTC) (“GBTC”) (referred to as the “Initial Distribution”). Grayscale intends to list the BTC Trust on NYSE Arca, subject to required regulatory approvals, under the ticker symbol “BTC.” GBTC is not a fund registered under the Investment Company Act of 1940 and is not subject to regulation under the Investment Company Act of 1940, unlike most mutual funds or ETFs. As part of the contemplated Initial Distribution, each holder of shares...

Lion One Announces Upsize of Brokered Private Placement to $10 Million

Written by Customer Service on July 19, 2024. Posted in Public Companies.

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES NORTH VANCOUVER, British Columbia, July 19, 2024 (GLOBE NEWSWIRE) — Lion One Metals Limited (TSX-V: LIO) (OTCQX: LOMLF) (ASX: LLO) (“Lion One” or the “Company”) is pleased to announce that it has entered into an amended agreement with Eight Capital as lead agent (the “Agent”), to upsize the previously announced private placement. In connection with the upsized offering, the Company will issue up to 27,027,027 units of the Company (the “Units”) at a price of $0.37 per Unit (the “Issue Price”) for aggregate gross proceeds of up to $10,000,000 pursuant to the listed issuer financing exemption available under National Instrument 45-106 – Prospectus Exemptions...

INNOVATE Corp. Announces 1-for-10 Reverse Stock Split of the Company’s Common Stock

Written by Customer Service on July 19, 2024. Posted in Public Companies.

NEW YORK, July 19, 2024 (GLOBE NEWSWIRE) — INNOVATE Corp. (“INNOVATE” or the “Company”) (NYSE: VATE), a diversified holding company, announced today that its Board of Directors has approved a 1-for-10 reverse stock split of the Company’s common stock, par value $0.001 per share (the “Common Stock”). The reverse stock split will become effective at 5:00 p.m. Eastern Time on August 2, 2024, after close of trading on the New York Stock Exchange (“NYSE”). The Company’s Common Stock is expected to commence trading on a split-adjusted basis when the markets open on August 5, 2024, under the existing trading symbol “VATE.” The primary goal of the reverse stock split is to increase the per share market price of the Company’s Common Stock to meet the minimum per share bid price requirement for continued listing on the NYSE. The reverse...

Sify Q1 Earnings Call deferred due to outage on vendor platform

Written by Customer Service on July 19, 2024. Posted in Public Companies.

CHENNAI, India, July 19, 2024 (GLOBE NEWSWIRE) — Sify Technologies Limited (NASDAQ: SIFY), India’s leading Digital ICT solutions provider, today announced that that due to technical issues on the teleconference vendor platform, the earning call slated for July 19, 2024 at 8.30 AM ET (today) could not be conducted. The company regrets the inconvenience caused but the circumstances were entirely beyond the company’s control. The company further assures investors that it will announce a new date for the earning call at the earliest as soon as these issues are sorted. About Sify Technologies A Fortune India 500 company, Sify Technologies is India’s most comprehensive ICT service & solution provider. With Cloud at the core of our solutions portfolio, Sify is focussed on the changing ICT requirements of the emerging Digital economy...

Reliance Global Group Schedules Second Quarter 2024 Financial Results and Business Update Conference Call

Written by Customer Service on July 19, 2024. Posted in Earnings Releases And Operating Results.

Lakewood, NJ, July 19, 2024 (GLOBE NEWSWIRE) — Reliance Global Group, Inc. (NASDAQ: RELI) (“Reliance” or the “Company”), announced today that it will host a conference call Thursday, July 25, 2024, at 4:30 PM Eastern Time to discuss financial results for the second quarter of 2024 and provide a business update. The conference call will be available via telephone by dialing toll-free +1 888-506-0062 for U.S. callers or +1 973-528-0011 for international callers and entering access code 246542. A webcast of the call may be accessed at https://www.webcaster4.com/Webcast/Page/2381/50932 or on the investor relations section of the Company’s website, https://relianceglobalgroup.com/events-and-presentations/. A webcast replay will be available on the investor relations section of the Company’s website at https://relianceglobalgroup.com/events-and-presentations/...

Statkraft AS: Release of second quarter results 2024

Written by Customer Service on July 19, 2024. Posted in Earnings Releases And Operating Results.

Statkraft discloses second quarter results for 2024 on Tuesday 23 July 2024 at 08:00 a.m. CEST. Material will be available on Statkraft’s website www.statkraft.com and Oslo Stock Exchange’s news service www.newsweb.no. Webcast09:30 a.m. CEST: Statkraft presents the results in a webcast at www.statkraft.com. The presentation will be held in English. Contact:Arild Ratikainen, Investor Contact, tlf.: +47 971 74 132, e-mail: arild.ratikainen@statkraft.com

BCB Bancorp, Inc. Earns $2.8 Million in Second Quarter 2024; Reports $0.14 EPS and Declares Quarterly Cash Dividend of $0.16 Per Share

Written by Customer Service on July 19, 2024. Posted in Dividend Reports And Estimates.

BAYONNE, N.J., July 19, 2024 (GLOBE NEWSWIRE) — BCB Bancorp, Inc. (the “Company”), (NASDAQ: BCBP), the holding company for BCB Community Bank (the “Bank”), today reported net income of $2.8 million for the second quarter of 2024, compared to $5.9 million in the first quarter of 2024, and $8.6 million for the second quarter of 2023. Earnings per diluted share for the second quarter of 2024 were $0.14, compared to $0.32 in the preceding quarter and $0.50 in the second quarter of 2023. During the second quarter, the Bank agreed to sell a pool of its commercial real estate and multifamily loans with a total balance of $38.4 million as of June 30, 2024. The Bank expects to consummate the loan sale during the third quarter. As a result, the Bank recorded a pre-tax loss of $4.6 million as the loans were moved to held for sale from the...

Nokia accelerates its share buybacks

Written by Customer Service on July 19, 2024. Posted in Public Companies.

Nokia CorporationStock Exchange Release19 July 2024 at 16:00 EEST Nokia accelerates its share buybacks Espoo, Finland – Nokia Corporation (“Nokia” or the “Company”) has on 18 March 2024 announced the first phase of its share buyback program and, in line with the announcement made on 18 July 2024, has today decided to accelerate its share buybacks by increasing the number of shares to be repurchased during the year 2024. The main terms of the ongoing phase of the share buyback program post-increase:The aggregate purchase price of all Nokia shares to be acquired shall not exceed EUR 600 million (an increase from the initially announced EUR 300 million). As repurchases for an aggregate purchase price of approximately EUR 132 million have already been executed in 2024, the aggregate purchase price for shares to be...

UPDATE — Logansport Financial Corp. Reports Net Earnings for the Quarter Ended June 30, 2024

Written by Customer Service on July 19, 2024. Posted in Earnings Releases And Operating Results.

LOGANSPORT, Ind., July 19, 2024 (GLOBE NEWSWIRE) — Logansport Financial Corp., (OTCQB, LOGN), parent company of Logansport Savings Bank, reported net earnings for the quarter ended June 30, 2024 of $349,000 or $0.57 per diluted share, compared to earnings in 2023 of $529,000 or $0.86 per diluted share. Year to date the company reported net earnings of $617,000 for 2024 compared to $1,127,000 for 2023. Diluted earnings per share for the six months ended June 30, 2024 were $1.01 compared to $1.84 for the six months ended June 30, 2023. Total assets at June 30, 2024 were $249.6 million compared to total assets at June 30, 2023 of $253.2 million. Total Deposits at June 30, 2024 were $211.7 million compared to total deposits of $216.2 million at June 30, 2023. The company paid a total of $0.90 per share in dividends in the first half...

Day: July 19, 2024

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