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Month: August 2024

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

Sales performance sequentially improved for fourth consecutive quarter Quarterly operating income growth for first time since 2021 Raises full year 2024 outlook and provides third quarter guidance REYNOLDSBURG, Ohio, Aug. 28, 2024 (GLOBE NEWSWIRE) — Victoria’s Secret & Co. (“Victoria’s Secret” or the “Company”) (NYSE: VSCO) today reported financial results for the second quarter ended August 3, 2024. Interim Chief Executive Officer and Chief Financial and Administrative Officer Timothy (TJ) Johnson commented, “Our financial results for the second quarter came in at the high end of expectations and we delivered year-over-year quarterly operating income growth for the first time since 2021. We were encouraged by the continued sequential improvement in quarterly sales results in North America for the fourth consecutive quarter,...

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Gaming and Leisure Properties, Inc. Declares Third Quarter 2024 Cash Dividend of $0.76 Per Share

WYOMISSING, Pa., Aug. 28, 2024 (GLOBE NEWSWIRE) — Gaming and Leisure Properties, Inc. (NASDAQ: GLPI) (the “Company”), announced today that the Company’s Board of Directors has declared the third quarter 2024 cash dividend of $0.76 per share of its common stock. The dividend is payable on September 27, 2024 to shareholders of record on September 13, 2024. The third quarter 2023 cash dividend was $0.73 per share of the Company’s common stock. While the Company intends to pay regular quarterly cash dividends for the foreseeable future, all subsequent dividends will be reviewed quarterly and declared by the Board of Directors at its discretion. About Gaming and Leisure PropertiesGLPI is engaged in the business of acquiring, financing, and owning real estate property to be leased to gaming operators in triple-net lease arrangements,...

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Prospect Capital Announces June 2024 Financial Results and Declares 86th Consecutive $0.06 Dividend

NEW YORK, Aug. 28, 2024 (GLOBE NEWSWIRE) — Prospect Capital Corporation (NASDAQ: PSEC) (“Prospect”, “our”, or “we”) today announced financial results for our fiscal quarter and fiscal year ended June 30, 2024. Prospect Capital Corporation celebrates its 20th anniversary as a leading provider of private debt and equity to U.S. middle-market companiesLong History and Large Scale: Prospect is one of the largest ($7.9B in total assets) and oldest publicly traded BDCs. Founded in 2004, Prospect’s 20-year history began before and invested during and across the Great Financial Crisis, unlike the vast bulk of other BDCs with much shorter histories.Downside Protection Focus: 81% of portfolio in first lien, secured, or underlying secured assets.Multi-Line BDC: Multiple strategies – middle-market lending (52%), middle-market lending...

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InspireSemi to Issue Shares Related to Annual Interest Payment on Certain Outstanding Debentures

VANCOUVER, British Columbia and AUSTIN, Texas, Aug. 28, 2024 (GLOBE NEWSWIRE) — Inspire Semiconductor Holdings Inc. (TSXV: INSP) (“InspireSemi” or the “Company”), a chip design company that provides revolutionary high-performance, energy-efficient accelerated computing solutions for High Performance Computing (HPC), AI, graph analytics, and other compute-intensive workloads, announces that it will issue an aggregate of up to 13,645.67 proportionate voting shares in the capital of the Company (the “PV Shares“) at a deemed issuance price of $17.50 per PV Share to settle in full $238,800 in interest owing (the “Interest Payment“) to the holders of outstanding 10% unsecured convertible debentures issued on August 25, 2023 (the “Debentures“). Unless otherwise indicated, all dollar amounts in this...

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WestBond reports Financial Results for the Quarter ended June 30, 2024

DELTA, British Columbia, Aug. 28, 2024 (GLOBE NEWSWIRE) — WestBond Enterprises Corporation (TSX-V: WBE) is pleased to announce that the company has returned to profitability. Net profit for the quarter ended June 30, 2024 was $12,566 (compared to a $69,374 loss for the three months ended June 30, 2023). Sales were $2,267,376 for this quarter ended June 30, 2024, which is 19.6% higher than the quarter ended March 31, 2024. As the company continues to add to its production and materials handling staff, more timely shipment of orders is expected. Sales volume continues to grow in all product categories and profits are expected to increase accordingly. The company continues to focus on the food service (hospitality) industry with its expanding product line of high-end, air laid napkins. Recently installed equipment should allow us...

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Automotive Finco Corp. Files Condensed Interim Consolidated Financial Statements for the six months ended June 30, 2024

Not for distribution to United States newswire services or for dissemination in the United States. This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. TORONTO, Aug. 28, 2024 (GLOBE NEWSWIRE) — Automotive Finco Corp. (NEX: AFCC-H) (the “Company”) today announced that it has filed condensed interim consolidated financial statements for the six months ended June 30, 2024. The statements together with the Management Discussion and Analysis can be found on the Company’s SEDAR+ profile at www.sedarplus.ca. About Automotive Finco Corp. Automotive Finco Corp. is a finance company focused exclusively on the auto retail sector. In addition to its interest in Automotive Finance Limited Partnership, the Company may also pursue other direct investments and...

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Algoma Steel Applauds Approval of New 230kV Transmission Line in Sault Ste. Marie, Supporting Regional Growth and Green Steel Transition

SAULT STE. MARIE, Ontario, Aug. 28, 2024 (GLOBE NEWSWIRE) — Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or “the Company”), a leading Canadian producer of hot and cold rolled steel sheet and plate products, today congratulates PUC (Transmission) LP (“PUC Transmission”) and Hydro One Sault Ste. Marie LP (“Hydro One”) on each obtaining authorization pursuant to the Ontario Energy Board Act to construct a new 230kV transmission line and related transformation components in Sault Ste. Marie. The combined local transmission project improves the city’s access to Hydro One’s planned regional grid infrastructure upgrade as previously prioritized by the Province of Ontario. “This milestone marks a significant advancement in enhancing Sault Ste. Marie’s power infrastructure, which is vital for supporting sustainable economic...

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60 Degrees Pharmaceuticals, Inc. Regains Compliance with Nasdaq Listing Requirements

WASHINGTON, Aug. 28, 2024 (GLOBE NEWSWIRE) — 60 Degrees Pharmaceuticals, Inc. (NASDAQ: SXTP; SXTPW) (“60P” or the “Company”), a pharmaceutical company focused on developing new medicines for infectious diseases, announced today that on August 26, 2024 it received written notice from the Listing Qualifications Staff of the Nasdaq Stock Market LLC (“Nasdaq”) stating that the Company has regained compliance with the minimum bid price requirement (the “Minimum Bid Price Requirement”), as set forth in Nasdaq Listing Rule 5550(a)(2) for continued listing on The Nasdaq Capital Market. The Company had been notified by Nasdaq on February 27, 2024 that it was not in compliance with the Minimum Bid Price Requirement because its common stock had failed to maintain a minimum bid price of $1.00 for 30 consecutive business days. In order to regain...

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SlotSUITE Case Study Proves Revolutionary Results

MINNETONKA, Minn., Aug. 28, 2024 (GLOBE NEWSWIRE) —  Table Trac, Inc. (OTCQX: TBTC) today announced they have published a case study outlining tremendous results brought about by their strategic partnership with TransAct Technologies. The solution, SlotSUITE, a purpose-built software solution, unleashes the Unified flexibility of CasinoTrac CMS and the dynamic marketing capabilities of the Epicentral SE promotional and bonusing suite, operating on the CasinoTrac’s PlayerLINQ network – without additional infrastructure and often with existing peripheral equipment. The Case Study explains customer-requested features to address VIP players avoiding promotions because of arduous manual tasks, required for participation.  Throughout the six-month period, nearly one million dynamic entries were printed and the ancillary metrics surged;...

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Tactical Resources Provides Additional Information Regarding Its Proposed Business Combination With Plum Acquisition Corp. III

VANCOUVER, British Columbia, Aug. 28, 2024 (GLOBE NEWSWIRE) — Tactical Resources Corp. (TSX.V: RARE | OTC: USREF) (“Tactical Resources” or the “Company”), a mineral exploration and development company, is pleased to provide additional information regarding its proposed business combination (the “Proposed Business Combination”) with Plum Acquisition Corp. III (NASDAQ: PLMJ) (“Plum”), a special purpose acquisition company formed in the Cayman Islands.   Proposed Business Combination As previously announced, Tactical Resources entered into a definitive business combination agreement (the “Business Combination Agreement”) with Plum on August 22, 2024. Pursuant to the terms of the Business Combination Agreement, (i) Plum will re-domicile in the Province of British Columbia and amalgamate with a newly formed company incorporated under...

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