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Year: 2024

FTI Consulting Strengthens Forensic and Litigation Consulting Segment in Sydney with Two Senior Hires

SYDNEY, Oct. 29, 2024 (GLOBE NEWSWIRE) — FTI Consulting, Inc. (NYSE: FCN) today announced the appointments of Natalie Faulkner as a Senior Managing Director and Sam Scerri as a Managing Director in the Forensic and Litigation Consulting segment in Sydney, strengthening the firm’s capabilities in Australia. Ms. Faulkner joins the Risk & Investigations practice with more than 25 years of experience in forensic accounting, with a particular focus on the financial services sector. In her role at FTI Consulting, she will help clients with consumer remediation, fraud and scam prevention and detection, corruption and regulatory matters, accounting anomaly investigations and litigation support. “Our clients around the region are experiencing a highly regulated environment and pressure from government agencies to improve risk and governance...

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Tactical Resources Intends to Amend Certain Consulting Agreements

VANCOUVER, British Columbia, Oct. 29, 2024 (GLOBE NEWSWIRE) — Tactical Resources Corp. (TSXV: RARE) (OTC: USREF) (“Tactical Resources” or the “Company”), a mineral exploration and development company, announced today that it intends to make amendments to agreements with certain consultants of the Company. The Company previously entered into consulting agreements (the “Consulting Agreements”) with certain of its consultants, including its Chief Executive Officer and Chief Financial Officer, which would become effective following the closing of a transaction that results in the Company being listed on the New York Stock Exchange or the Nasdaq Stock Market (a “Listing Transaction”). The Company’s previously announced business combination (the “Business Combination”) with Plum Acquisition Corp. III (“Plum”) is expected to constitute...

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eGain Announces Game-Changing Enhancements to its AI Knowledge Platform at Solve 24

eGain AI Agent™ delivers breakthrough self-service experience with guided reasoning across knowledge base, website, and enterprise content CHICAGO, Oct. 29, 2024 (GLOBE NEWSWIRE) — eGain (NASDAQ: EGAN), the AI knowledge platform for service, announced major product enhancements at its Solve 24 conference in Chicago. By 2025, 100% of generative AI virtual customer assistant and virtual agent assistant projects that lack integration to modern knowledge management systems will fail to meet their customer experience and operational cost-reduction goals, per Gartner. eGain AI Agent™ conversationally engages customers, clarifies intent, guides them to the personalized answer, and explains its approach – inspiring trust and customer adoption. It combines language models and case-based reasoning that tap into trusted...

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Hammond Power Solutions Reports Third Quarter 2024 Financial Results

(Dollar amounts are in thousands, in Canadian currency unless otherwise specified) GUELPH, Ontario, Oct. 29, 2024 (GLOBE NEWSWIRE) — Hammond Power Solutions Inc. (“HPS” or the “Company”) (TSX: HPS.A) a leading manufacturer of dry-type transformers, power quality products and related magnetics, today announced its financial results for the third quarter 2024. HIGHLIGHTSSales of $192 million in the quarter, a 6.9% increase versus 2023. Adjusted EBITDA of $34,377 in the quarter, or 17.9% of sales. Gross margin of 33.8% for the quarter. Net earnings of $16.3 million in the quarter. Earnings per share of $1.37 for the quarter, significantly impacted by share-based compensation. Backlog increased by 4% over the second quarter of 2024.“We have continued to make significant strides in progressing our strategic goals and developing...

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Rush Enterprises, Inc. Reports Third Quarter 2024 Results, Announces $0.18 Per Share Dividend

Revenues of $1.9 billion, net income of $79.1 million Earnings per diluted share of $0.97 Challenging market conditions impact aftermarket sales and overall financial performance Absorption ratio 132.6% Board declares cash dividend of $0.18 per share of Class A and Class B common stockSAN ANTONIO, Oct. 29, 2024 (GLOBE NEWSWIRE) — Rush Enterprises, Inc. (NASDAQ: RUSHA & RUSHB), which operates the largest network of commercial vehicle dealerships in North America, today announced that for the quarter ended September 30, 2024, the Company achieved revenues of $1.896 billion and net income of $79.1 million, or $0.97 per diluted share, compared with revenues of $1.981 billion and net income of $80.3 million, or $0.96 per diluted share, in the quarter ended September 30, 2023. In the third quarter of 2024, the Company recognized...

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First Commonwealth Announces Third Quarter 2024 Earnings; Declares Quarterly Dividend

INDIANA, Pa., Oct. 29, 2024 (GLOBE NEWSWIRE) — First Commonwealth Financial Corporation (NYSE: FCF) today announced financial results for the third quarter of 2024. Financial Summary (dollars in thousands, For the Three Months Ended   For the Nine Months Ended except per share data) September 30,   June 30,   September 30,   September 30,   September 30,      2024       2024       2023       2024       2023   Reported Results                   Net income $ 32,086     $ 37,088     $ 39,231     $ 106,723     $ 112,236   Diluted earnings per share $ 0.31     $ 0.36     $ 0.38     $ 1.04     $ 1.10   Return on average assets   1.08 %     1.28 %     1.38 %     1.22 %     1.37 % Return on average equity   9.19 %     11.10 %     12.46 %     10.54 %     12.35 %                      Operating Results (non-GAAP)(1)                   Core...

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Provident Financial Services, Inc. Reports Third Quarter Earnings and Declares Quarterly Cash Dividend

ISELIN, N.J., Oct. 29, 2024 (GLOBE NEWSWIRE) — Provident Financial Services, Inc. (NYSE:PFS) (the “Company”) reported net income of $46.4 million, or $0.36 per basic and diluted share for the three months ended September 30, 2024, compared to a net loss of $11.5 million, or $0.11 per basic and diluted share, for the three months ended June 30, 2024 and net income of $28.5 million, or $0.38 per basic and diluted share, for the three months ended September 30, 2023. For the nine months ended September 30, 2024, net income totaled $67.0 million, or $0.65 per basic and diluted share, compared to $101.1 million, or $1.35 per basic and diluted share, for the nine months ended September 30, 2023. The Company’s earnings for the three and nine months ended September 30, 2024 reflected the impact of the May 16, 2024 merger with Lakeland...

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Algoma Steel to Announce Fiscal 2025 Second Quarter Results November 6, 2024

SAULT STE. MARIE, Ontario, Oct. 29, 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, announced today that the Company will release its fiscal 2025 second quarter financial results after the market closes on Wednesday, November 6, 2024. A webcast and conference call will be held on Thursday, November 7, 2024 at 11:00 a.m. Eastern Time to review the Company’s results, discuss recent events, and conduct a question-and-answer session. The live webcast and archived replay of the conference call can be accessed on the Investors section of the Company’s website at www.ir.algoma.com. For those unable to access the webcast, the conference call will be accessible domestically or internationally by dialing...

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Finning to report Q3 2024 results on November 12 and hold investor call on November 13, 2024

VANCOUVER, British Columbia, Oct. 29, 2024 (GLOBE NEWSWIRE) — Finning International Inc. (TSX: FTT) (“Finning”) will report Q3 2024 results on November 12, 2024 after markets close and hold the investor call on November 13, 2024 at 10:00 AM Eastern Time. To access the investor call, please dial 1-844-763-8274 (Canada and US toll free) or 1-412-717-9224 (international toll). The investor call will be webcast live and archived for three months. Please visit our website to access the webcast and accompanying presentation. About FinningFinning is the world’s largest Caterpillar dealer, delivering unrivalled service to customers for over 90 years. Headquarters in Surrey, British Columbia, we provide Caterpillar equipment, parts, services, and performance solutions in Western Canada, Chile, Argentina, Bolivia, the United Kingdom, and...

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Finward Bancorp Announces Earnings for the Quarter and Nine Months Ended September 30, 2024

MUNSTER, Ind., Oct. 29, 2024 (GLOBE NEWSWIRE) — Finward Bancorp (Nasdaq: FNWD) (the “Bancorp”), the holding company for Peoples Bank (the “Bank”), today announced that net income available to common stockholders was $10.0 million, or $2.35 per diluted share, for the nine months ended September 30, 2024, as compared to $6.9 million, or $1.60 per diluted share, for the corresponding prior year period. For the quarter ended September 30, 2024, the Bancorp’s net income totaled $606 thousand, or $0.14 per diluted share, as compared to $143 thousand, or $0.03 per diluted share, for the three months ended June 30, 2024, and as compared to $2.2 million, or $0.51 per diluted share, for the three months ended September 30, 2023. Selected performance metrics are as follows for the periods presented:                             Performance...

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