Day: September 11, 2024

Currency Exchange International Announces a 2% and 5% Increase in Revenue for the Three and Nine-Months Ended July 31, 2024 Versus the Prior Year

Written by Customer Service on September 11, 2024. Posted in Earnings Releases And Operating Results.

TORONTO, Sept. 11, 2024 (GLOBE NEWSWIRE) — Currency Exchange International, Corp. (the “Group” or “CXI”) (TSX: CXI; OTCBB: CURN), today reported its financial results and Management’s Discussion and Analysis (“MD&A”) for the three and nine-month periods ended July 31, 2024 (all figures are in U.S. dollars except where otherwise indicated). The complete financial statements and MD&A can be found on the Company’s SEDAR profile at www.sedarplus.ca. Randolph Pinna, CEO of the Group, stated, “CXI group delivered revenue growth over the prior period keeping our balance sheet strong while managing expenses. CXI’s business is very strong in the USA as its model is diverse with both its wholesale and direct-to-consumer customers. CXI remains committed to executing against our strategy of profitable growth while maintaining...

Future Vision II Acquisition Corp. Announces Pricing of $50,000,000 Initial Public Offering

Written by Customer Service on September 11, 2024. Posted in Public Companies.

NEW YORK, Sept. 11, 2024 (GLOBE NEWSWIRE) — Future Vision II Acquisition Corp. (NASDAQ: FVNNU, the “Company”) announced today that it priced its initial public offering of 5,000,000 units at $10.00 per unit. The units are expected to be listed on the Nasdaq Capital Market (“NASDAQ”) and trade under the ticker symbol “FVNNU” beginning on September 12, 2024. Each unit consists of one ordinary share and one right to receive one-tenth (1/10th) of one ordinary share upon consummation of an initial business combination. Once the securities comprising the units begin separate trading, the ordinary shares and rights are expected to be listed on NASDAQ under the symbols “FVN” and “FVNNR,” respectively. The Company is a blank check company whose business purpose is to effect a merger, share exchange, asset acquisition, share purchase, reorganization...

Gaming and Leisure Properties Closes on $250 Million Land Acquisition, the Site for Bally’s Future Chicago Flagship Casino

Written by Customer Service on September 11, 2024. Posted in Public Companies.

WYOMISSING, Pa., Sept. 11, 2024 (GLOBE NEWSWIRE) — Gaming and Leisure Properties, Inc. (NASDAQ:GLPI) (“GLPI” or “the Company”), announced today that it completed its previously announced $250 million acquisition, from Blue Owl Capital, of the land on which Bally’s Corporation (NYSE: BALY) (“Bally’s”) permanent Chicago Casino will be constructed. The land purchase was one component of GLPI’s broader agreement with Bally’s, announced in July. With the completion of GLPI’s purchase of the Chicago land, the current lease in place with Blue Owl Capital will be assumed by an affiliate of GLPI and amended to reflect the negotiated annual rent of $20 million, representing an initial cash yield of 8.0%. GLPI will own substantially all of the real estate and improvements related to the Chicago casino and hotel for a total investment of $1.19...

Transcontinental Inc. Announces Results for the Third Quarter of Fiscal 2024

Written by Customer Service on September 11, 2024. Posted in Dividend Reports And Estimates.

HighlightsRevenues of $700.0 million for the quarter ended July 28, 2024; operating earnings of $69.2 million; and net earnings attributable to shareholders of the Corporation of $43.6 million ($0.50 per share). Adjusted operating earnings before depreciation and amortization(1) of $121.0 million for the quarter ended July 28, 2024; adjusted operating earnings(1) of $84.2 million; and adjusted net earnings attributable to shareholders of the Corporation(1) of $51.4 million ($0.60 per share). Growth in adjusted operating earnings before depreciation and amortization(1) of 12.1%, with an increase of 20.6% in the Packaging Sector and of 12.4% in the Retail Services and Printing Sector. Sale of a building for an amount of $7.1 million. Repurchase of 1.2 million shares during the quarter ended July 28, 2024, for a total consideration of $17.7...

Annual Report 2023/24 – Strengthened commercial focus after challenging year

Written by Customer Service on September 11, 2024. Posted in Public Companies.

ANNOUNCEMENT NO. 273 11 September 2024 Annual Report 2023/24 (1 July 2023 – 30 June 2024) Strengthened commercial focus after challenging year ChemoMetec’s revenue fell by 8% in 2023/24 to DKK 407.4 million, and operating profit (EBITDA) was down by 26% to DKK 186.2 million. Revenue was adversely affected by a 35% decline in sales of instruments, while sales of consumables and services were up by 13% in total. During the year, ChemoMetec initiated a gradual launch of the XcytoMatic 40 and XcytoMatic 30 instruments, and this proceeded satisfactorily. “Market conditions in ChemoMetec’s business areas have been challenging in the past year, and this has impacted sales of instruments as well as earnings. Following a difficult period, we now have a more positive outlook on the future – we’ve intensified our commercial focus and initiated...

Guidance for the 2024/25 financial year

Written by Customer Service on September 11, 2024. Posted in Public Companies.

ANNOUNCEMENT NO. 272 11 September 2024 Guidance for the 2024/25 financial year ChemoMetec has today approved the annual report for 2023/24, including the guidance for 2024/25, which is considered inside information. For 2024/25, ChemoMetec expects revenue in the range of DKK 435-450 million (2023/24: DKK 407.4 million) and EBITDA in the range of DKK 216-223 (2023/24: DKK 186.2 million). The annual report for 2023/24, which is released along with this announcement, sets out the underlying assumptions applied in the preparation of the guidance for 2024/25 (p. 40). Additional information Martin Helbo Behrens, CEOTel.: (+45) 48 13 10 20 Kim Nicolajsen, CFOTel.: (+45) 48 13 10 20 About ChemoMetec A/S ChemoMetec develops, manufactures and markets instruments for cell counting and a wide range of other measurements. ChemoMetec’s instruments...

Artisan Partners Asset Management Inc. Reports August 2024 Assets Under Management

Written by Customer Service on September 11, 2024. Posted in Public Companies.

MILWAUKEE, Wis., Sept. 11, 2024 (GLOBE NEWSWIRE) — Artisan Partners Asset Management Inc. (NYSE: APAM) today reported that its preliminary assets under management (“AUM”) as of August 31, 2024 totaled $166.2 billion. Artisan Funds and Artisan Global Funds accounted for $80.1 billion of total firm AUM, while separate accounts and other AUM1 accounted for $86.1 billion.PRELIMINARY ASSETS UNDER MANAGEMENT BY STRATEGY2 As of August 31, 2024 – ($ Millions) Growth Team Global Opportunities $ 21,932 Global Discovery 1,726 U.S. Mid-Cap Growth 12,657 U.S. Small-Cap Growth 3,111 Global Equity Team Global Equity 361 Non-U.S. Growth 13,488 China Post-Venture 172 U.S. Value Team Value...

Uniti Group Inc. to Present at the RBC Capital Markets 2024 Global Communications Infrastructure Conference

Written by Customer Service on September 11, 2024. Posted in Public Companies.

LITTLE ROCK, Ark., Sept. 11, 2024 (GLOBE NEWSWIRE) — Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today that its President and Chief Executive Officer, Kenny Gunderman, is scheduled to present at the RBC Capital Markets 2024 Global Communications Infrastructure Conference. The presentation is scheduled for 10:50 AM CDT / 11:50 AM EDT on September 25, 2024 in Chicago, IL. You may access a live webcast of the event on Uniti’s Investor Relations website at investor.uniti.com. The webcast will be available for replay for a limited time following the presentation. ABOUT UNITI Uniti, an internally managed real estate investment trust, is engaged in the acquisition and construction of mission critical communications infrastructure, and is a leading provider of fiber and other wireless solutions for the communications industry....

Omega Flex, Inc. Announces Regular Quarterly Dividend for the Third Quarter 2024

Written by Customer Service on September 11, 2024. Posted in Dividend Reports And Estimates.

EXTON, Pa., Sept. 11, 2024 (GLOBE NEWSWIRE) — Omega Flex, Inc. (the “Company”) (NASDAQ: OFLX) today announced that the Board of Directors declared a regular quarterly dividend of $0.34 per share payable on October 8, 2024, to shareholders of record on September 26, 2024. In determining the amount of future regular quarterly dividends, the Board will review the cash needs of the Company, and based on results of operations, financial condition, capital expenditure plans, and consideration of possible acquisitions, as well as such other factors as the Board of Directors may consider relevant, determine on a quarterly basis the amount of a regular quarterly dividend. INFORMATION CONCERNING FORWARD-LOOKING STATEMENTS – This press release contains forward-looking statements, which are subject to inherent uncertainties which are difficult...

Viper Energy, Inc., a Subsidiary of Diamondback Energy, Inc., Announces Acquisition

Written by Customer Service on September 11, 2024. Posted in Mergers And Acquisitions.

MIDLAND, Texas, Sept. 11, 2024 (GLOBE NEWSWIRE) — Viper Energy, Inc. (NASDAQ:VNOM) (“Viper” or the “Company”), a subsidiary of Diamondback Energy, Inc. (NASDAQ:FANG) (“Diamondback”), today announced it and its operating subsidiary Viper Energy Partners LLC (“OpCo”) have entered into a definitive purchase and sale agreement to acquire certain mineral and royalty interest- owning subsidiaries of Tumbleweed Royalty IV, LLC in exchange for $461.0 million of cash and approximately 10.1 million OpCo units, subject to customary adjustments. The cash portion of this transaction is expected to be funded through a combination of cash on hand, borrowings under the Company’s credit facility, and proceeds from one or more capital markets transactions, subject to market conditions and other factors. The issuance of OpCo units will be accompanied...

Day: September 11, 2024

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