Day: August 26, 2024

Park Hotels & Resorts Provides Update on Hurricane Hone

Written by Customer Service on August 26, 2024. Posted in Public Companies.

TYSONS, Va., Aug. 26, 2024 (GLOBE NEWSWIRE) — Park Hotels & Resorts Inc. (NYSE) (“Park”) announced today that its two Hawaii hotels—the 2,860-room Hilton Hawaiian Village in Honolulu and the 647-room Hilton Waikoloa Village on the Big Island—sustained no material damage from Hurricane Hone, a Category 1 hurricane that impacted the Hawaiian Islands on Sunday. Both hotels maintained power and uninterrupted services, and continue to welcome guests with all customary services and amenities available. “I want to personally thank our teams on the ground for their hard work and dedication in protecting the properties,” commented Thomas J. Baltimore, Jr., Chairman and Chief Executive Officer. “I am extremely grateful for the efforts of both the hotel staff and emergency personnel who worked tirelessly to ensure the...

BioSyent Releases Financial Results for Q2 and H1 2024

Written by Customer Service on August 26, 2024. Posted in Earnings Releases And Operating Results.

MISSISSAUGA, Ontario, Aug. 26, 2024 (GLOBE NEWSWIRE) — BioSyent Inc. (“BioSyent”, TSX Venture: RX) released today its financial results for the three months (Q2) and six months (H1) ended June 30, 2024. Key highlights include:(CAD) Q2 2024 % Change vs.Q2 2023 H1 2024 % Change vs.H1 2023 Trailing Twelve Months (TTM) June 30, 2024 % Change vs. TTM June 30, 2023 Canadian Pharma Sales 8,535,480 +11% 16,081,624 +14% 31,503,083 +13% Total Company Sales 8,944,566 +12% 16,678,202 +15% 33,823,010 +18% EBITDA1 2,048,071 +10% 4,252,264 +26% 8,802,177 +28% Net Income After Taxes (NIAT) 1,580,289 +7% 3,349,016 +26% 7,150,707 +35% Fully Diluted EPS 0.13 +8% 0.28 +27% 0.60 +40% Return on Average Equity for TTM June 30, 2024 was...

Archrock Announces Closing of $700 Million of Senior Notes Offering

Written by Customer Service on August 26, 2024. Posted in Public Companies.

HOUSTON, Aug. 26, 2024 (GLOBE NEWSWIRE) — Archrock, Inc. (NYSE: AROC) (“Archrock”) today announced the closing of the previously announced private offering by Archrock Partners, L.P. (“Archrock Partners”), a wholly-owned subsidiary of Archrock, of $700 million aggregate principal amount of 6.625% senior notes due 2032 (the “Notes”). Archrock Partners Finance Corp. (“Finance Corp.” and, together with Archrock Partners, the “Issuers”), a wholly-owned subsidiary of Archrock Partners, is the co-issuer of the Notes. Archrock intends to use the net proceeds from the offering of the Notes to fund a portion of the cash consideration for the previously announced acquisition of 100% of the issued and outstanding membership interests of Total Operations and Production Services, LLC (the “Acquisition”), to fund the previously announced tender...

Farmer Brothers to report fourth quarter and fiscal 2024 financial results

Written by Customer Service on August 26, 2024. Posted in Public Companies.

FORT WORTH, Texas, Aug. 26, 2024 (GLOBE NEWSWIRE) — Farmer Bros. Co. (NASDAQ: FARM) announced today it will publish its fiscal fourth quarter and full year 2024 financial results for the period ended June 30, 2024 with the filing of its 10-K and the issuing of its earnings results release, both of which will be posted on the Investor Relations section of its website after the close of market Thursday, Sept. 12. The company will also host an audio-only investor conference call and webcast at 5 p.m. Eastern on Thursday, Sept. 12 to provide a review of the quarter and full fiscal year, and a business update. Callers who pre-register will be emailed dial-in details and a unique PIN to gain immediate access to the call and bypass the live operator. An audio-only replay of the webcast will be archived for at least 30 days on the Investor...

California Water Service Group Named Bay Area Top Workplace for 12th Year

Written by Customer Service on August 26, 2024. Posted in Public Companies.

SAN JOSE, Calif., Aug. 26, 2024 (GLOBE NEWSWIRE) — In recognition of the company’s commitment to its employees, the San Francisco Chronicle has named California Water Service Group (Group) (NYSE: CWT) a Top Workplace in the Bay Area for the 12th year. The distinction is awarded each year based on input from local employees of California Water Service (Cal Water), Group’s largest subsidiary. Beyond Cal Water’s long-standing efforts to support employees—which include a competitive compensation and benefits package, opportunities for growth, emotional wellness resources, and more—the utility has taken numerous steps to elevate the employee experience. These steps include keeping team members more informed of direction and decisions, seeking more two-way communication and feedback, and introducing an at-risk pay program that enables...

Healthcare Realty Trust Expands KKR Joint Venture

Written by Customer Service on August 26, 2024. Posted in Mergers And Acquisitions.

KKR JV approaching $500 million in value with new asset contributions NASHVILLE, Tenn., Aug. 26, 2024 (GLOBE NEWSWIRE) — Healthcare Realty Trust Incorporated (NYSE:HR) today announced it has contributed $118 million of additional properties to its joint venture with KKR, generating approximately $94 million of proceeds. The value of the JV is now approaching $500 million. The Company and KKR are continuing to explore additional acquisitions for the JV, including the potential contribution of more Healthcare Realty properties. As previously disclosed in July, the Company also has additional asset sales and JV transactions under contract or LOI that are expected to increase proceeds to over $1 billion. The majority of these transactions are expected to be completed in the third quarter, with proceeds expected to fund accretive, leverage...

Pineapple Energy Highlights Market Factors That Shaped Financial Performance in Recent Months

Written by Customer Service on August 26, 2024. Posted in Earnings Releases And Operating Results.

RONKONKOMA, N.Y., Aug. 26, 2024 (GLOBE NEWSWIRE) — Pineapple Energy Inc. (Nasdaq: PEGY) (Pineapple Energy) (“Pineapple” or the “Company”), a leading provider of sustainable solar energy and backup power to households, businesses, municipalities and for servicing existing systems, is providing an update on the performance of its ongoing business activities, with the goal of giving context to the Company’s recently filed earnings report. “Our results for the second quarter of 2024 reflected the lingering impact of certain industry-specific headwinds that have affected the renewable energy sector across the United States,” said Scott Maskin, Interim CEO of Pineapple. “These headwinds – which masked progress across various aspects of our operations – are beginning to diminish,” Maskin said. “While we are not satisfied with some...

Third Harmonic Bio to Participate in Upcoming Investor Conferences

Written by Customer Service on August 26, 2024. Posted in Public Companies.

SAN FRANCISCO, Aug. 26, 2024 (GLOBE NEWSWIRE) — Third Harmonic Bio, Inc. (Nasdaq: THRD), a clinical-stage biopharmaceutical company focused on advancing the next wave of medicine for dermal, respiratory, and gastrointestinal inflammatory diseases, today announced that Chief Executive Officer Natalie Holles will participate in a fireside chat at the following upcoming conferences:Morgan Stanley 22nd Healthcare Conference on Wednesday, September 4, 2024, at 9:15 a.m. ET Stifel 2024 Virtual Immunology and Inflammation Summit on Wednesday, September 18, 2024, at 9:00 a.m. ETA live audio webcast will be available within the Investors & Media section of the Third Harmonic Bio website. An archived replay will be accessible for 90 days following the event. About Third Harmonic Bio, Inc.Third Harmonic Bio is a clinical stage biopharmaceutical...

Oportun Named a Bay Area Top Workplace for 2024

Written by Customer Service on August 26, 2024. Posted in Public Companies.

SAN CARLOS, Calif., Aug. 26, 2024 (GLOBE NEWSWIRE) — Oportun (Nasdaq: OPRT) today announced that it has been awarded a Top Workplaces 2024 honor by San Francisco Bay Area Top Workplaces. Oportun has been named a top place to work by regional or national publications in each of the last nine years. “We are proud to have been recognized as a top place to work for nine years running,” said Raul Vazquez, CEO of Oportun. “It is especially rewarding that these programs are based on employee feedback. We are relentless in our pursuit of a diverse, equitable and supportive culture that both challenges and rewards our team members because we know it is core to enabling our mission to make financial health effortless for anyone.” The Bay Area Top Workplaces list is based solely on employee feedback gathered through a third-party survey...

Molecular Partners Reports H1 2024 Corporate Highlights and Financials

Written by Customer Service on August 26, 2024. Posted in Public Companies.

First Radio-DARPin Therapy (RDT) candidate MP0712 nominated; supporting preclinical package presented at SNMMI; initial clinical data expected in 2025 Strategic collaboration agreement signed with Orano Med to co-develop 212Pb-based RDT candidates for multiple oncology targets, including MP0712 MP0533 phase 1 dose escalation continues with cohort 8 open; clinical data update on amended dosing scheme expected in 2025 Switch-DARPin Platform: preclinical data supporting mechanism of action of Switch-DARPin concept and of first candidate MP0621 presented at EHA MP0317 positive data of the completed Phase 1 trial presented at ASCO, confirming tumor microenvironment remodeling, favorable safety profile and dosing flexibility Outlook: Funded into 2027 with cash and short-term deposits of CHF 159 million as of June 30, 2024, Molecular Partners...

Day: August 26, 2024

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