Day: November 5, 2024

Teck Outlines Detailed Strategy for Leading Copper Growth and Shareholder Returns

Written by Customer Service on . Posted in Public Companies.

VANCOUVER, British Columbia, Nov. 05, 2024 (GLOBE NEWSWIRE) — Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) will present its strategy for generating value for shareholders and stakeholders and lay out the company’s disciplined investment pathway to grow copper production to 800,000 tonnes per year before the end of the decade, at Teck’s 2024 Strategy Day on November 5, 2024. “Teck is uniquely positioned in our industry, with the ability to deliver transformative near-term copper growth while simultaneously returning significant cash to shareholders,” said Jonathan Price, President and CEO. “We are executing on a disciplined strategy to grow copper production by advancing our portfolio of lower capital intensity, high-returning projects in stable jurisdictions.” Price and members of the executive leadership...

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Burckhardt Compression continues to deliver strong growth and increased profitability

Written by Customer Service on . Posted in Earnings Releases And Operating Results.

Very Large Ammonia Carrier Very Large Ammonia Carrier Production of LABY compressors Production of LABY compressors CEO Fabrice Billard in dialogue CEO Fabrice Billard in dialogue BC Activate in action BC Activate in action Burckhardt Compression delivered strong results in the first half of fiscal year 2024: Order intake of CHF 615.2 mn, up 5.8% year-on-year Sales of CHF 436.8 mn, up 7.1% year-on-year Increased gross margin from 26.7% to 29.3% Increased EBIT margin from 11.0% to 11.8% Operating income (EBIT) of CHF 51.7 mn, up 15.2% year-on-year RONOA of 28.6%, at a similar level to the previous year The Group confirms its guidance for the fiscal year 2024 Sales between CHF 1.0 bn and CHF 1.1 bn EBIT margin at a similar level to the fiscal year 2023 The sustainability roadmap on track: New applications...

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Melcor REIT announces third quarter 2024 results

Written by Customer Service on . Posted in Earnings Releases And Operating Results.

EDMONTON, Alberta, Nov. 04, 2024 (GLOBE NEWSWIRE) — Melcor Real Estate Investment Trust (“Melcor REIT” or the “REIT”) (TSX: MR.UN) today announced results for the third quarter ended September 30, 2024. The third quarter Management Discussion & Analysis and Condensed Interim Financial Statements are available on our website (www.MelcorREIT.ca) under Financial Reports, or on SEDAR+ (www.sedarplus.ca). Andrew Melton, CEO of Melcor REIT commented: “The Alberta real estate market continues to face ongoing challenges, particularly in the office sector, where declining demand has resulted in sustained pressure on occupancy rates and a significant reduction in lease rates. In order to mitigate these challenges, we have seen an increase in tenant inducements to attract and retain tenants, which is further...

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Questor Announces Departure of Vice President of Operations and Engineering

Written by Customer Service on . Posted in Public Companies.

CALGARY, Alberta, Nov. 04, 2024 (GLOBE NEWSWIRE) — Questor Technology Inc. (“Questor”, the “Company”), (TSX Venture Exchange: QST) would like to announce Mr. Quentin Kyliuk is no longer with Questor Technology Inc., effective October 28, 2024. On behalf of the employees and Board of Directors, the Company thanks Quentin for his contribution to Questor and wishes him all the best in his future endeavours. ABOUT QUESTOR TECHNOLOGY INC. Questor Technology Inc., incorporated in Canada under the Business Companies Act (Alberta) is an environmental emissions reduction technology company founded in 1994, with global operations. The Company is focused on clean air technologies that safely and cost effectively improve air quality, support energy efficiency and greenhouse gas emission reductions. The Company designs, manufactures and services...

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Avista joins PGE, Grid United and ALLETE in 3,000 megawatt east-west transmission line

Written by Customer Service on . Posted in Public Companies.

North Plains Connector transmission line continues building momentum as Avista commits to nonbinding memorandum of understanding for a 10% ownership share that would provide Avista access to a new transmission corridor. SPOKANE, Wash., Nov. 04, 2024 (GLOBE NEWSWIRE) — Avista Corporation (NYSE: AVA) today signed a nonbinding memorandum of understanding with North Plains Connector LLC, a wholly owned entity of Grid United, in the development of the North Plains Connector, an approximately 420-mile high-voltage direct-current (HVDC) transmission line to be constructed with endpoints near Bismarck, North Dakota and Colstrip, Montana. The parties will now work to finalize definitive agreements regarding Avista’s participation, which is expected to involve a 10% ownership share of the project. Under the terms of the memorandum...

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The Oncology Institute Announces Third Quarter 2024 Earnings Release Date and Conference Call

Written by Customer Service on . Posted in Public Companies.

CERRITOS, Calif., Nov. 04, 2024 (GLOBE NEWSWIRE) — The Oncology Institute, LLC (“TOI”) (NASDAQ: TOI) one of the largest value-based oncology groups in the United States, today announced that the company will release its third quarter 2024 financial results after the market close on Wednesday, November 13, 2024, to be followed by a conference call the same day at 5:00 p.m. (Eastern Time). The conference call can be accessed live over the phone by dialing 1-877-407-0789 or for international callers, 1-201-689-8562. A replay will be available two hours after the call and can be accessed by dialing 1-844-512-2921, or for international callers, 1-412-317-6671. The passcode for the live call and the replay is 13749308. The replay will be available until Wednesday, November 20, 2024. Interested investors and other parties may also listen...

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