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Day: November 20, 2024

Reedy & Company Selects AppFolio to Drive Ongoing Performance

Real estate operators with diverse portfolios continue to turn to AppFolio for its robust platform, innovative AI-powered solutionsSANTA BARBARA, Calif., Nov. 20, 2024 (GLOBE NEWSWIRE) — AppFolio, Inc. (NASDAQ:APPF), the technology leader powering the future of the real estate industry, announced Reedy & Company, a leading Memphis-based property management company has signed a five-year contract and is fully integrated with AppFolio’s suite of products to support its entire portfolio. Reedy & Company manages a diverse portfolio of more than 3,500 properties including multi-family, single-family, affordable housing and commercial units across Tennessee, Mississippi and Arkansas. After identifying the need for a robust, scalable solution to support its growing real estate portfolio and evaluating a number of leading...

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Solstice Announces Closing of Private Placement Financing

VANCOUVER, British Columbia, Nov. 20, 2024 (GLOBE NEWSWIRE) — Solstice Gold Corp. (TSXV: SGC) (“Solstice”, “we”, “our” or the “Company”) is pleased to report the closing today (the “Closing Date”) of the private placement financing (the “Offering”) previously announced on November 13, 2024, of 6,600,000 shares of the Company for gross proceeds of approximately $150,000. Under the Offering, the Company issued: (i) 3,600,000 common shares of the Company (“Flow Through Shares”) at $0.025 per Flow Through Share, each Flow Through Share qualifying as a flow-through share for purposes of the Income Tax Act (Canada) (the “ITA”); and (ii) 3,000,000 common shares of the Company (“Hard Dollar Shares”) at $0.02 per Share. The gross proceeds raised from the Offering will be used by the Company: (i) as to $90,000 or 100% from the Flow Through...

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Gray Television Makes Significant Progress on Debt Reduction and Replenishes Authorization for Additional Debt Reduction

ATLANTA, Nov. 20, 2024 (GLOBE NEWSWIRE) — Gray Television, Inc. (“Gray,” “Gray Media,” the “Company,” “we,” “us” or “our”) (NYSE: GTN) has completed a series of transactions that collectively reduced the Company’s principal amount of debt outstanding by $278 million since October 1, 2024, bringing the Company’s total principal debt reduction to $519 million since January 1, 2024.  Accordingly, our Board of Directors today has authorized an increase in our previously announced debt repurchase authorization, replenishing the authorization to a total of $250 million of available liquidity to repurchase our outstanding indebtedness.  We anticipate that the meaningful reduction in our outstanding debt this year will result in a significant reduction of cash interest expense going forward. Through various recently completed transactions...

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Brookfield Corporation Receives Exemptive Relief from the Ontario Securities Commission

BROOKFIELD, NEWS, Nov. 20, 2024 (GLOBE NEWSWIRE) — Brookfield Corporation (NYSE: BN, TSX: BN) today announced that it has received exemptive relief from the Ontario Securities Commission from the requirement to obtain a formal valuation and minority shareholder approval in relation to the arrangement to enhance the corporate structure of Brookfield Asset Management Ltd. (NYSE: BAM, TSX: BAM), which was jointly announced by BN and BAM on October 31, 2024 (the “Arrangement”). BN filed a material change report on November 1, 2024 (the “Material Change Report”) summarizing the terms of the Arrangement and results of the formal valuation prepared by KPMG LLP, the independent valuer appointed by the Governance, Nominating and Compensation Committee of BAM (the “Valuation”). The Material Change Report and the Valuation are available on...

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SCWorx Announces Completion of Equity Financing with Institutional Investors

New York, NY, Nov. 20, 2024 (GLOBE NEWSWIRE) — SCWorx Corp (the “Company”), on November 19th, 2024 completed an equity financing with institutional investors (the “Institutional Investors” or “Investors”). In connection with the funding, the Company sold an aggregate of 232,558 shares of common stock and warrants to purchase the same number of shares of common stock, for aggregate gross proceeds of $200,000. The Company will be registering for resale the shares of common stock and warrant shares with U.S. Securities and Exchange Commission (the “SEC”). SCWorx expects to use net proceeds from the financing for working capital and general corporate purposes to support its future growth. This news release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of any of the securities...

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NVIDIA Announces Financial Results for Third Quarter Fiscal 2025

NVIDIA corporate headquartersNVIDIA corporate headquarters in Silicon ValleyRecord quarterly revenue of $35.1 billion, up 17% from Q2 and up 94% from a year ago Record quarterly Data Center revenue of $30.8 billion, up 17% from Q2 and up 112% from a year agoSANTA CLARA, Calif., Nov. 20, 2024 (GLOBE NEWSWIRE) — NVIDIA (NASDAQ: NVDA) today reported revenue for the third quarter ended October 27, 2024, of $35.1 billion, up 17% from the previous quarter and up 94% from a year ago. For the quarter, GAAP earnings per diluted share was $0.78, up 16% from the previous quarter and up 111% from a year ago. Non-GAAP earnings per diluted share was $0.81, up 19% from the previous quarter and up 103% from a year ago. “The age of AI is in full steam, propelling a global shift to NVIDIA computing,” said Jensen Huang, founder and CEO...

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TopBuild to Acquire Metro Supply Company

Mechanical Insulation Distributor Expands TopBuild’s Commercial and Industrial Offerings and Builds on Metro Supply’s Strong Customer Relationships; Approximately $35 Million in Annual Revenue DAYTONA BEACH, Fla., Nov. 20, 2024 (GLOBE NEWSWIRE) — TopBuild Corp. (NYSE:BLD), a leading installer and specialty distributor of insulation and building material products to the construction industry in the United States and Canada, has entered into an agreement to acquire Metro Supply Company, a leading commercial and industrial mechanical insulation distributor with approximately $35 million in annual revenue. Metro Supply Company operates two branches and serves the New York/New Jersey and Baltimore/Washington metropolitan areas. The transaction is expected to close in the fourth quarter. Robert Buck, President and CEO of TopBuild, said,...

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Euroseas Ltd. Reports Results for the Nine-Month Period and Quarter Ended September 30, 2024, Declares Quarterly Dividend and Announces Order for the Construction of Two Fuel-Efficient 4,300 TEU Containerships

ATHENS, Greece, Nov. 20, 2024 (GLOBE NEWSWIRE) — Euroseas Ltd. (NASDAQ: ESEA, the “Company” or “Euroseas”), an owner and operator of container carrier vessels and provider of seaborne transportation for containerized cargoes, announced today its results for the three and nine-month periods ended September 30, 2024. Third Quarter 2024 Financial Highlights:Total net revenues of $54.1 million. Net income of $27.6 million or $3.97 and $3.95 earnings per share basic and diluted, respectively. Adjusted net income1 for the period was $27.4 million or $3.94 and $3.92 per share basic and diluted. Adjusted EBITDA1 was $36.1 million.An average of 23.0 vessels were owned and operated during the third quarter of 2024 earning an average time charter equivalent rate of $26,446 per day.Declared a quarterly dividend of $0.60 per share for...

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Jewett-Cameron Reports Fiscal 2024 Full Year and Fourth Quarter Operational and Financial Results

NORTH PLAINS, Ore., Nov. 20, 2024 (GLOBE NEWSWIRE) — Jewett-Cameron Trading Company Ltd. (Nasdaq: JCTC), a company committed to innovative products that enrich outdoor spaces, today announced operational and financial results for the fiscal 2024 full year and fourth quarter for the period ended August 31, 2024. Recent Financial Operational HighlightsExperienced year-over-year growth in Q4 2024 in several product categories within its pet, fence and other segment as well as its industrial wood products segment. This growth was offset by the termination of the Company’s seed cleaning operations and a decrease in the Company’s lower margin wood fence business. Overall, Q4 2024 revenue was $13.2 million compared to $14.6 million in Q4 2023. Created and launched a scalable process for Lifetime Steel Post® (LTP) displayers and refresh...

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Dovre Group sells its Project Personnel and Norwegian consulting businesses to NYAB AB

Dovre Group Plc        Stock Exchange Release – Inside information        November 20, 2024, at 10 p.m. Dovre Group sells its Project Personnel and Norwegian consulting businesses to NYAB AB According to a conditional agreement signed on November 20, 2024, Dovre Group Plc (Dovre) sells its entire Project Personnel (PP) business and Norwegian Consulting business to Swedish NYAB AB for an estimated 34 MEUR in cash consideration. Closing of the transaction is expected to take place on or around 2 January 2025. The sold entities in the Project Personnel business will consist of all entities comprising Dovre’s Project Personnel business globally, that is Dovre Group Energy AS (Norway), Dovre Canada Ltd, Dovre Group Inc. (USA), Dovre Group (Singapore) Pte Ltd, Dovre Asia Pte Ltd (Singapore) and Dovre Group Korea Ltd. Also, Dovre Group’s...

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