Month: August 2024

CSX Expands Labor Agreements with Two More Partners

JACKSONVILLE, Fla., Aug. 30, 2024 (GLOBE NEWSWIRE) — CSX (NASDAQ: CSX) today announced it has secured new five-year tentative collective bargaining agreements with International Brotherhood of Boilermakers, Iron Ship Builders, Blacksmiths, Forgers & Helpers (IBB) and the Transportation Communications Union (TCU). “The latest tentative agreements build upon the momentum that we have created alongside our union partners and allows us to solidify the foundation at CSX where every employee feels valued and empowered,” said Joe Hinrichs, president and chief executive officer. “Our employees are the backbone of our company, and their dedication and hard work are critical to our ability to deliver on our promises to our customers and the communities we serve.” The tentative agreements, which are pending ratification by the unions’...

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Tidewater Utilities Files for Rate Adjustment

First Request for Change in Rates in over a Decade Focused on Upgrades and System Resiliency DOVER, Del., Aug. 30, 2024 (GLOBE NEWSWIRE) — Tidewater Utilities, Inc. (“Tidewater” or the “Company”), a wholly owned subsidiary of Middlesex Water Company (Nasdaq:MSEX) filed a request today with the Delaware Public Service Commission (PSC) for new rates in order to recover prudently incurred investments made in the last ten years to support continued regulatory compliance, enhance water quality, service reliability, security and resiliency of its water utility infrastructure assets. Since its last filing more than ten years ago, the Company has invested over $150 million in critical drinking water infrastructure improvements that are not currently reflected in customer base rates. These capital expenditures reflect construction of new...

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FERRARI AND SANTANDER END THEIR PARTNERSHIP

Maranello, August 30, 2024 – Ferrari N.V. (NYSE/ EXM: RACE) (‘Ferrari’ or the ‘Company’) announces the termination of the partnership between Ferrari S.p.A., its wholly-owned subsidiary, and Santander, effective as of December 31st, of 2024 since the committed three-year contract will end. The partnership, which began in January 2022 after a previous collaboration from 2010 to 2017, saw Santander alongside our Company in the sporting activities of the Prancing Horse. Santander has been Premium Partner of Scuderia Ferrari in Formula 1 and has been our partner in the Le Mans Hypercar (LMH) programme. Lorenzo Giorgetti, Chief Racing Revenue Officer of Ferrari, comments: “As our successful partnership with Santander comes to its end, we would like to express our gratitude for their dedication and collaboration during our journey together....

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Rakovina Therapeutics Announces 2024 Q2 Financial Results and Provides Corporate Update

All dollar amounts reflected in Canadian dollars unless otherwise stated. VANCOUVER, British Columbia, Aug. 30, 2024 (GLOBE NEWSWIRE) — Rakovina Therapeutics Inc. (TSX-V: RKV, the “Company”) a biopharmaceutical company committed to advancing new cancer therapies based on novel DNA-damage response technologies announced the financial results for the second quarter ending June 30, 2024, and provides an update to corporate activities. “We are thrilled by the rapid progress and strategic advancements we’ve made at Rakovina Therapeutics since announcing our collaboration with Prof. Artem Cherkasov and exclusive access to the groundbreaking Deep Docking AI platform. AI has propelled us into an exciting new era of precision medicine, allowing us to screen billions of molecular structures and identify promising candidates for...

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Archrock Completes Acquisition of Total Operations and Production Services, LLC

HOUSTON, Aug. 30, 2024 (GLOBE NEWSWIRE) — Archrock, Inc. (NYSE: AROC) (“Archrock” or the “Company”) today announced that it has completed its previously announced acquisition of Total Operations and Production Services, LLC (“TOPS”). “With this accretive transaction, we are adding a young fleet that deepens Archrock’s compression operations in the Permian Basin and establishes our leadership position in electric motor drive compression,” said Brad Childers, President and Chief Executive Officer of Archrock. “We are excited to welcome the TOPS employees to Archrock and work together to expand our exceptional service to new and existing customers and create significant shareholder value. Given our high-quality contracted fleet, technical expertise and an industry-leading balance sheet, we are confident Archrock is poised to capitalize...

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Premium Global Income Split Corp. Announces Semi-Annual Results

TORONTO, Aug. 30, 2024 (GLOBE NEWSWIRE) — (TSX: PGIC; PGIC.PR.A) Premium Global Income Split Corp. (formerly World Financial Split Corp.) announces results of operations for the six months ended June 30, 2024. Increase in net assets attributable to holders of Class A shares amounted to $0.43 million or $0.50 per Class A share. Net assets attributable to holders of Class A shares as at June 30, 2024 were $3.59 million or $8.03 per Class A share. Cash distributions of $0.26 per Preferred share were paid during the period. The Fund is a mutual fund corporation which invests in a diversified portfolio that includes primarily large capitalization global equity securities (the “Portfolio Universe”). The Fund may also invest up to 100% of its net assets in other public investment funds including investment funds managed by the Manager....

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Exploitation Activity in Colombia

Oslo, 30 August 2024 Interoil Exploration and Production ASA (the “Company”) is pleased to announce that its Colombian subsidiary, Interoil Colombia Exploration and Production (“ICEP”), shall carry out a campaign aimed at improving substantially the current production from all its operated fields in Colombia. This activity includes the reopening of shut-in wells in Maná, Río Opia and Ambrosia Fields, that are subject to contract with Ecopetrol (collectively, the “Puli C Contracts”), as well as changing the artificial production system improving outflows whilst reducing lifting costs in the Vikingo well. These actions ratify the commitment of Interoil to continue operations in Colombia and are consistent with the request of extension of the Puli C Contracts made by ICEP and presently under consideration by the authorities. As...

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Correction: Report for the second quarter and first half of 2024

30 August 2024 Interoil refers to the company’s stock exchange announcement on 29 August 2024 and the Report for the second quarter and first half of 2024 which was attached thereto. In that announcement and in the highlights section of that attached report, Revenues and EBITDA for the first six months of 2024 were incorrectly stated. The correct numbers are USD 10.6 million and USD -0.8 million, as shown below and in the corrected report attached. It should also be noted that revenues for the first three months of 2024 were USD 5.3 million. As a result of an involuntary error, revenues for this period was regrettably overstated in the company’s report for the first quarter of the year. The corrected announcement below and attached.   Highlights in the period Interoil’s net production in the first six months of 2024 was 100 334 barrels...

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31/2024・Trifork Group AG – Major shareholder announcement

  Trifork Group AGCompany announcement no. 31/2024Schindellegi, Switzerland – 30 August 2024 Major shareholder announcement In accordance with section 30 of the Danish Capital Markets Act, Trifork Group AG hereby announces the receipt of a major shareholder notification from Danske Bank A/S, stating that, as of 28 August 2024, Danske Bank A/S, controls, directly or indirectly, voting rights for 987,775 shares in Trifork Group AG, corresponding to more than 5% of the total number of voting rights in Trifork Group AG. For further information, reference is made to the attached major shareholder notification received from Danske Bank A/S. For more information, please contact: Frederik Svanholm, Group Investment Director & Head of Investor Relationsfrsv@trifork.com, +41 79 357 7317 About Trifork GroupTrifork is a globally pioneering...

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Verizon to speak at Citi 2024 Global TMT Conference September 5

NEW YORK, Aug. 30, 2024 (GLOBE NEWSWIRE) — Joe Russo, Executive Vice President, Verizon (NYSE, Nasdaq: VZ) & President of Global Networks and Technology, is scheduled to speak at the Citi 2024 Global TMT Conference on Thursday, September 5, at 9:10 a.m. ET. His remarks will be webcast, with access instructions available on Verizon’s Investor Relations website, www.verizon.com/about/investors. Verizon Communications Inc. (NYSE, Nasdaq: VZ) was formed in 2000 and is one of the world’s leading providers of technology and communications services. Headquartered in New York City and with a presence around the world, Verizon generated revenues of $134.0 billion in 2023. The company offers data, video and voice services and solutions on its award-winning networks and platforms, delivering on customers’ demand for mobility, reliable...

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