Month: July 2024

Wabash Schedules Second Quarter 2024 Earnings Conference Call

Written by Customer Service on July 2, 2024. Posted in Public Companies.

LAFAYETTE, Ind., July 02, 2024 (GLOBE NEWSWIRE) — Wabash (NYSE: WNC) today announced that it will webcast its quarterly earnings conference call to review and discuss its financial results for the second quarter 2024 on Wednesday, July 24, 2024 beginning at 12:00 p.m. ET. The call and an accompanying slide presentation will be accessible on the “Investors” section of Wabash’s website, www.onewabash.com, under “Events & Presentations.” The conference call will be accessible by dialing (800) 715-9871, conference ID 9986205. A replay of the call will be available shortly after the conclusion of the presentation and will remain available for one year following the date of the call. Access to the replay will be available on the “Investors” section of Wabash’s website under “Events &...

Vito Culmone to join Stantec as Chief Financial Officer

Written by Customer Service on July 2, 2024. Posted in Public Companies.

EDMONTON, Alberta and NEW YORK, July 02, 2024 (GLOBE NEWSWIRE) — TSX, NYSE:STN Stantec, a global leader in sustainable design and engineering, announced today that Vito Culmone will join the Company in mid-July 2024 as its next executive vice president and chief financial officer. He will officially assume the CFO role on September 3, 2024. Mr. Culmone will succeed Theresa Jang, who previously announced her plan to retire. This announcement follows an extensive search and evaluation of highly qualified internal and external candidates supported by a global executive search firm. “We are excited to welcome Vito to the Stantec team. He is an accomplished financial leader with a strong track record of creating value across multiple industries,” said Gord Johnston, president and chief executive officer. “I am confident that Vito will...

Compass Diversified Declares Second Quarter 2024 Distributions on Common and Series A, B and C Preferred Shares

Written by Customer Service on July 2, 2024. Posted in Dividend Reports And Estimates.

WESTPORT, Conn., July 02, 2024 (GLOBE NEWSWIRE) — Compass Diversified (NYSE: CODI) (“CODI” or the “Company”), an owner of leading middle market businesses, announced today that its Board of Directors (the “Board”) has declared a quarterly cash distribution of $0.25 per share on the Company’s common shares (the “Common Shares”). The distribution for the three months ended June 30, 2024, is payable on July 25, 2024, to all holders of record of Common Shares as of July 18, 2024. The Board also declared a quarterly cash distribution of $0.453125 per share on the Company’s 7.250% Series A Preferred Shares (the “Series A Preferred Shares”). The distribution on the Series A Preferred Shares covers the period from, and including, April 30, 2024, up to, but excluding, July 30, 2024. The distribution for such period is payable on July 30,...

Axalta Completes Acquisition of The CoverFlexx Group

Written by Customer Service on July 2, 2024. Posted in Mergers And Acquisitions.

PHILADELPHIA, July 02, 2024 (GLOBE NEWSWIRE) — Axalta Coating Systems (NYSE: AXTA), a leading global coatings company, has successfully completed the previously announced acquisition of The CoverFlexx Group from Transtar Holding Company. The CoverFlexx Group manufactures and sells coatings for automotive refinish and aftermarket applications, focused on economy customers in North America. “The acquisition of The CoverFlexx Group further solidifies our excellent offerings in Refinish coatings,” said Chris Villavarayan, Axalta’s Chief Executive Officer and President. “As outlined at our recent Strategy Day, investing in growth in our Refinish business is a key priority of Axalta, and this acquisition advances that priority.” Troy Weaver, Axalta’s President, Global Refinish, added, “We are thrilled to officially welcome our new team...

Avid Bioservices Reports Financial Results for Fourth Quarter and Fiscal Year Ended April 30, 2024

Written by Customer Service on July 2, 2024. Posted in Earnings Releases And Operating Results.

— Recorded Fourth Quarter Revenue of $43.0 Million – Highest in Company History — — Signed $30 Million in Net New Business Resulting in Backlog of $193 Million — — New Mammalian and Cell and Gene Therapy Facilities Fully Operational and in Service; Capital Expenditure Associated with Three-Year Expansion Program Completed — — FY 2025 Revenue Guidance of Between $160 Million and $168 Million — TUSTIN, Calif., July 02, 2024 (GLOBE NEWSWIRE) — Avid Bioservices, Inc. (NASDAQ: CDMO), a dedicated biologics contract development and manufacturing organization (CDMO) working to improve patient lives by providing high quality development and manufacturing services to biotechnology and pharmaceutical companies, today announced financial results for the fourth quarter and year ended April 30,...

PennantPark Investment Corporation Announces Monthly Distribution of $0.08 per Share

Written by Customer Service on July 2, 2024. Posted in Dividend Reports And Estimates.

MIAMI, July 02, 2024 (GLOBE NEWSWIRE) — PennantPark Investment Corporation (the “Company”) (NYSE: PNNT) declares its monthly distribution for July 2024 of $0.08 per share, payable on August 1, 2024 to stockholders of record as of July 15, 2024. The distribution is expected to be paid from taxable net investment income. The final specific tax characteristics of the distribution will be reported to stockholders on Form 1099 after the end of the calendar year and in the Company’s periodic report filed with the Securities and Exchange Commission. ABOUT PENNANTPARK INVESTMENT CORPORATION PennantPark Investment Corporation is a business development company which primarily invests in U.S. middle-market private companies in the form of first lien secured debt, second lien secured debt, subordinated debt and equity investments....

Renasant Announces Sale of Renasant Insurance to Sunstar Insurance Group

Written by Customer Service on July 2, 2024. Posted in Mergers And Acquisitions.

TUPELO, Miss., July 02, 2024 (GLOBE NEWSWIRE) — Renasant Corporation (NYSE: RNST) announced today that it has sold the assets of Renasant Insurance, Inc. to Sunstar Insurance Group, LLC (“Sunstar”) effective as of July 1, 2024. Sunstar is a regionally focused, industry leading insurance broker, risk management consultant and provider of employee benefits coverages and other human capital solutions based in Memphis, Tennessee. With more than $1.2 billion in premiums placed, Sunstar is ranked as the 33rd largest independent insurance agency in the country. Sunstar’s 700+ partners and employees operate from more than 50 offices in six states across the Southeast and Lower Midwest. The acquisition of Renasant Insurance, Inc. represents Sunstar’s strategic entry into the State of Mississippi. Now a part of Sunstar, Renasant Insurance...

Nokia Corporation: Repurchase of own shares on 02.07.2024

Written by Customer Service on July 2, 2024. Posted in Public Companies.

Nokia CorporationStock Exchange Release02 July 2024 at 22:30 EEST Nokia Corporation: Repurchase of own shares on 02.07.2024 Espoo, Finland – On 02 July 2024 Nokia Corporation (LEI: 549300A0JPRWG1KI7U06) has acquired its own shares (ISIN FI0009000681) as follows:Trading venue (MIC Code) Number of shares Weighted average price / share, EUR*XHEL 382,956 3.61CEUX – –BATE – –AQEU – –TQEX – –Total 382,956 3.61* Rounded to two decimals On 25 January 2024, Nokia announced that its Board of Directors is initiating a share buyback program to return up to EUR 600 million of cash to shareholders in tranches over a period of two years. The first phase of the share buyback program in compliance with the Market Abuse Regulation (EU) 596/2014 (MAR), the Commission Delegated Regulation...

Abacus Announces Closing of the Willow Porphyry Copper Property and Amends Certain Terms of the Acquisition Agreement

Written by Customer Service on July 2, 2024. Posted in Mergers And Acquisitions.

VANCOUVER, British Columbia, July 02, 2024 (GLOBE NEWSWIRE) — Abacus Mining & Exploration Corporation (“Abacus” or “The Company”) (TSXV:AME) announces that further to its news release dated June 4, 2024, it has amended, at the request of the TSX-Venture Exchange (the “Exchange”), certain terms of the June 4, 2024 agreement (the “June 4, 2024 Agreement”) with Almadex Minerals Ltd. and its wholly-owned Nevada subsidiary Almadex America Inc. (“Almadex”), to acquire a 100% ownership interest in the Willow porphyry copper property located in Yerington, Nevada, (“Willow Property”) and data associated with the Willow Property (the “Willow Data”) (the “Amending Agreement”). Pursuant to the terms of the Amending Agreement:the Company has issued 9,546,922 common shares of Abacus to Almadex the requirement, under the June 4, 2024 Agreement...

American Airlines releases 2023 Sustainability Report

Written by Customer Service on July 2, 2024. Posted in Public Companies.

FORT WORTH, Texas, July 02, 2024 (GLOBE NEWSWIRE) — American Airlines released its 2023 Sustainability Report today, documenting its work to advance the company’s strategy to address climate change and accelerate the broader solutions needed to decarbonize aviation, and sharing progress on other issues important to the company and its stakeholders — including safety, human capital and customer experience. Key progress in 2023 includes American’s collaboration with Breakthrough Energy and Google Research on groundbreaking contrail avoidance research, which will inform how the industry might address its impact on climate change. The report also includes a discussion of how American is extending its commitment to sustainability to its sourcing and procurement practices. “Thanks to the hard work of our more than 140,000 team members,...

Month: July 2024

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