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Day: October 22, 2024

Highwoods Announces Availability of Third Quarter 2024 Results

RALEIGH, N.C., Oct. 22, 2024 (GLOBE NEWSWIRE) — Highwoods Properties, Inc. (NYSE:HIW) has released its third quarter 2024 results. To view the release, please visit the investors section of our website at www.highwoods.com or click on the following link: HIW Reports Third Quarter 2024 Results About HighwoodsHighwoods Properties, Inc., headquartered in Raleigh, is a publicly-traded (NYSE:HIW), fully-integrated office real estate investment trust (“REIT”) that owns, develops, acquires, leases and manages properties primarily in the best business districts (BBDs) of Atlanta, Charlotte, Dallas, Nashville, Orlando, Raleigh, Richmond and Tampa. Highwoods is in the work-placemaking business. We believe that by creating environments and experiences where the best and brightest can achieve together what they cannot apart, we can deliver...

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Strong Demand Drives Record Enrollment

Enrollments Grow 18% RESTON, Va., Oct. 22, 2024 (GLOBE NEWSWIRE) — Stride, Inc. (NYSE: LRN), one of the nation’s most successful technology-based education companies, today announced its results for the first fiscal quarter ended September 30, 2024. First Quarter Fiscal 2025 Highlights Compared to 2024Revenue of $551.1 million, compared with $480.2 million. Income from operations of $47.3 million, compared with $3.3 million. Net income of $40.9 million, compared with $4.9 million. Diluted net income per share of $0.94, compared with $0.11. Adjusted operating income of $58.4 million, compared with $14.8 million. (1) Adjusted EBITDA of $83.9 million, compared with $39.8 million. (1)First Quarter Fiscal 2025 Summary Financial Metrics  Three Months Ended September 30,   Change 2024/2023    2024   2023   $   %    (In thousands,...

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Retail Opportunity Investments Corp. Reports 2024 Third Quarter Results

SAN DIEGO, Oct. 22, 2024 (GLOBE NEWSWIRE) — Retail Opportunity Investments Corp. (NASDAQ:ROIC) announced today financial and operating results for the three and nine months ended September 30, 2024. HIGHLIGHTS$32.1 million of net income attributable to common stockholders ($0.25 per diluted share) $33.2 million in Funds From Operations (FFO)(1) ($0.25 per diluted share) FFO per diluted share guidance for 2024 updated ($1.03 – $1.05 per diluted share) $68.8 million of dispositions in 3Q‘24 ($26.7 million gain on sale of real estate) 97.1% portfolio lease rate at 9/30/24 (98.0% anchor lease rate, 96.0% non-anchor lease rate) 450,623 square feet of leasing activity during 3Q‘24 (most active quarter year-to-date) 1.2 million square feet of leasing activity year-to-date (2nd most active on record) 13.8% increase in same-space...

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National Bank Holdings Corporation Announces Third Quarter 2024 Financial Results and Increase to Quarterly Dividend

DENVER, Oct. 22, 2024 (GLOBE NEWSWIRE) — National Bank Holdings Corporation (NYSE: NBHC) reported:                                   For the quarter(1)   For the year(1)    3Q24   2Q24   3Q23   2024   2023Net income ($000’s)   $ 33,105     $ 26,135     $ 36,087     $ 90,631     $ 108,927  Earnings per share – diluted   $ 0.86     $ 0.68     $ 0.94     $ 2.36     $ 2.85  Return on average assets     1.32 %     1.06 %     1.46 %     1.22 %     1.50 %Return on average tangible assets(2)     1.43 %     1.17 %     1.58 %     1.33 %     1.61 %Return on average equity     10.33 %     8.46 %     12.26 %     9.70 %     12.71 %Return on average tangible common equity(2)     14.84 %     12.44 %     18.38 %     14.14 %     18.81 %                                                      (1 )   Ratios...

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CN Declares Fourth-Quarter 2024 Dividend

MONTREAL, Oct. 22, 2024 (GLOBE NEWSWIRE) — CN (TSX: CNR) (NYSE: CNI) announced today that its Board of Directors has approved a fourth-quarter 2024 dividend on the Company’s common shares outstanding. A quarterly dividend of eighty-four and a half cents (C$0.8450) per common share will be paid on December 30, 2024, to shareholders of record at the close of business on December 9, 2024. About CNCN powers the economy by safely transporting more than 300 million tons of natural resources, manufactured products, and finished goods throughout North America every year for its customers. With its nearly 20,000-mile rail network and related transportation services, CN connects Canada’s Eastern and Western coasts with the U.S. Midwest and the Gulf of Mexico, contributing to sustainable trade and the prosperity of the communities in which...

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Ocuphire Pharma Announces Acquisition of Opus Genetics

Acquisition creates a leading, clinical-stage company focused on the development of gene therapy treatments for rare inherited retinal degenerations New OPGx-LCA5 Phase 1/2 6-month data demonstrate safety and visual improvement in early onset retinal degeneration Additional clinical data in LCA5 pediatric patients and BEST1 patients is expected in 2H 2025 LYNX-2 Phase 3 trial of Phentolamine Ophthalmic Solution 0.75% in patients with dim light disturbances remains on track for top-line data in Q1 2025 VEGA-3 Phase 3 trial of Phentolamine Ophthalmic Solution 0.75% in presbyopia remains on track for top-line data in H1 2025 Company will seek a strategic partner to continue development of APX3330, an oral small-molecule inhibitor of Ref-1 for the treatment of non-proliferative diabetic retinopathy Projected cash runway extended into 2026 Conference...

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PetIQ, Inc. Announces Results of Special Meeting of Stockholders

Reports Merger Agreement with Bansk Group Approved by Stockholders and Anticipates a Closing Date of October 25, 2024 EAGLE, Idaho, Oct. 22, 2024 (GLOBE NEWSWIRE) — PetIQ, Inc. (“PetIQ” or the “Company”) (Nasdaq: PETQ), a leading pet medication, health and wellness company, announced today that at its virtual Special Meeting of Stockholders approximately 80% of its outstanding shares of common stock voted to approve the adoption of the definitive merger agreement (the “Agreement”) pursuant to which Bansk Group will acquire all of the outstanding shares of PetIQ’s common stock for $31.00 per share, in an all-cash transaction valued at approximately $1.5 billion. “On behalf of PetIQ’s Board of Directors, we are excited to announce stockholders’ approval of our proposed transaction with Bansk Group, representing an important milestone...

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Postal Realty Trust Declares Third Quarter 2024 Dividend

CEDARHURST, N.Y., Oct. 22, 2024 (GLOBE NEWSWIRE) — Postal Realty Trust, Inc. (NYSE: PSTL) (the “Company”), an internally managed real estate investment trust that owns and manages over 2,000 properties leased primarily to the United States Postal Service (the “USPS”), ranging from last-mile post offices to industrial facilities, announced today that its board of directors has approved a quarterly dividend on the Company’s Class A common stock in the amount of $0.24 per share. This represents a 1.1% increase from the third quarter 2023 dividend. The dividend will be payable on November 29, 2024 to stockholders of record as of the close of business on November 4, 2024. About Postal Realty Trust, Inc. Postal Realty Trust, Inc. is an internally managed real estate investment trust that owns and manages over 2,000 properties leased...

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Hanmi Reports 2024 Third Quarter Results

LOS ANGELES, Oct. 22, 2024 (GLOBE NEWSWIRE) — Hanmi Financial Corporation (NASDAQ: HAFC, or “Hanmi”), the parent company of Hanmi Bank (the “Bank”), today reported financial results for the third quarter of 2024. Net income for the third quarter of 2024 was $14.9 million, or $0.49 per diluted share, compared with $14.5 million, or $0.48 per diluted share, for the second quarter of 2024. The return on average assets for the third quarter of 2024 was 0.79% and the return on average equity was 7.55%, compared with a return on average assets of 0.77% and the return on average equity of 7.50% for the second quarter of 2024. CEO Commentary“Our third quarter results were strong, with solid performance across all key operating metrics in the third quarter,” said Bonnie Lee, President and Chief Executive Officer of Hanmi.  “Net interest...

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Toll Brothers Announces New Luxury Home Community Coming Soon to Colorado Springs, Colorado

COLORADO SPRINGS, Colo., Oct. 22, 2024 (GLOBE NEWSWIRE) — Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, today announced its newest community, Foxtail Crossing, is coming soon near the intersection of Tutt Boulevard and Dublin Boulevard in Colorado Springs, Colorado. Construction of the Sales Center and Toll Brothers model homes will begin in November and sales will start in spring 2025. Foxtail Crossing will be a brand-new gated community located in Colorado Springs, offering luxury single-family paired homes up to 2,067 square feet with an array of personalization options. The two-story homes will include 3 to 4 bedrooms, 2.5 to 3.5 baths, and 2-car garages. Each home will be built with the outstanding quality, craftsmanship, and value for which Toll Brothers is known. Homes are expected to be priced...

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