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Year: 2024

World’s Lowest Fee Bitcoin and Ether ETPs (Ticker: BTC, Ticker: ETH) Garner $750,000,000 Inflows in First Three Months of Trading

STAMFORD, Conn., Oct. 29, 2024 (GLOBE NEWSWIRE) — Grayscale Investments®, an asset management firm with over a decade of expertise in crypto investing, offering more than 25 crypto investment products, and manager of Grayscale® Bitcoin Mini Trust  (NYSE Arca: BTC) and Grayscale® Ethereum Mini Trust (NYSE Arca: ETH), today announced that its lowest-fee* Bitcoin and Ether ETPs – symbols: BTC and ETH – have together garnered more than $750,000,000 inflows since the products launched on July 31, 2024, and July 23, 2024, respectively, just three months ago.  Grayscale Bitcoin Mini Trust (“BTC”) and Grayscale Ethereum Mini Trust (“ETH”), exchange traded products, are not registered under the Investment Company Act of 1940 (or the ’40 Act) and therefore are not subject to the same regulations and protections as...

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Fall For Denny’s Flavor-Packed Menu Featuring Sizzlin’ Breakfast Skillets and New Maple Stuffed Donut Holes

Tempting fall menu items and popular Value Meals from America’s DinerDenny’s New Breakfast SkilletsAvailable starting October 30, for a limited timeDenny’s New Maple Stuffed Donut HolesAvailable starting October 30, for a limited timeSpartanburg, SC, Oct. 29, 2024 (GLOBE NEWSWIRE) — As temperatures drop and the leaves fall, Denny’s, America’s Diner, will unveil new menu items starting tomorrow, October 30. Guests in search of craveable, one-of-a-kind breakfast entrees can enjoy the new Braised Beef Skillet, the new Cali Taco Skillet or a guest favorite, the Santa Fe Skillet – all brought to you tableside on a sizzling cast-iron skillet. Guests can also satisfy their sweet tooth with new Maple Stuffed Donut Holes, made perfect for sharing. And more sweet news: Denny’s signature Slams® have a new...

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South Jersey Industries, Inc. Announces Increase in Total Consideration for 5.625% Junior Subordinated Notes due 2079 and Extension of the Expiration Time and Guaranteed Delivery Date for Cash Tender Offer

FOLSOM, NJ, Oct. 29, 2024 (GLOBE NEWSWIRE) —                                                                                                  Media Contact: Krystle Straus 609-561-9000 ext. 4131                 kstraus@sjindustries.com          FOR IMMEDIATE RELEASE South Jersey Industries, Inc. Announces Increase in Total Consideration for 5.625% Junior Subordinated Notes due 2079 and Extension of the Expiration Time and Guaranteed Delivery Date for Cash Tender Offer FOLSOM, NJ, October 29, 2024 – SJI today announced it has increased the Total Consideration from $18.00 to $20.00 for each $25.00 principal amount of the Notes (as defined below) and extended the Expiration Time (as defined below) and Guaranteed Delivery Date (as defined below) for the previously announced cash tender offer (the “Tender Offer”) to purchase for cash...

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First Northwest Bancorp Reports Third Quarter 2024 Financial Results

PORT ANGELES, Wash., Oct. 29, 2024 (GLOBE NEWSWIRE) — CEO Commentary“This was a quarter of mixed results. Progress on customer deposit gathering and the termination of the FDIC Consent Order was overshadowed by a quarterly loss driven by additional provisions primarily related to certain equity loans made to high net worth, accredited investors. The teamwork and collaboration between Staff, Management and the Board to address the matters identified in the Consent Order is demonstrative of the qualifications, determination and capabilities of the First Fed team. We appreciate that the FDIC acknowledged the planning, monitoring and execution required to comply with the Order and validation that all of these matters were properly addressed. I am very proud of this accomplishment, and I would like to thank all of the many people...

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Tactical Resources and Plum Acquisition Corp. III Announce Filing of F-4 Registration Statement with the SEC

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 has filed a Form F-4 Registration Statement (“Registration Statement”) with the U.S. Securities and Exchange Commission (“SEC”) regarding Tactical Resources’ recently announced proposed business combination (the “Business Combination”) with Plum Acquisition Corp. III (Nasdaq: PLMJ) (“Plum”), a publicly traded special purpose acquisition company, to form a new publicly traded entity (“Pubco”). The closing of the Business Combination is subject to approval by the shareholders of each of Tactical Resources and Plum, the declaration of the Registration Statement as effective by the SEC and other customary requirements. “This...

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Heartland Express, Inc. Reports Operating Results for the Third Quarter of 2024

NORTH LIBERTY, Iowa, Oct. 29, 2024 (GLOBE NEWSWIRE) — Heartland Express, Inc. (Nasdaq: HTLD) announced today financial results for the three and nine months ended September 30, 2024. Three months ended September 30, 2024:Operating Revenue of $259.9 million, Net Loss of $9.3 million, Basic Loss per Share of $0.12, Operating Ratio of 102.7% and 102.6% Non-GAAP Adjusted Operating Ratio(1), Total Assets of $1.4 billion, Stockholders’ Equity of $825.7 million.Nine months ended September 30, 2024:Operating Revenue of $804.9 million, Net Loss of $27.9 million, Basic Loss per Share of $0.35, Operating Ratio of 102.6% and 102.5% Non-GAAP Adjusted Operating Ratio(1).Heartland Express Chief Executive Officer Mike Gerdin commented on the quarterly operating results and ongoing initiatives of the Company, “Our consolidated...

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Pathos AI Closes $62M Oversubscribed Series C Round of Financing to Accelerate its Platform Approach to Drug Development

CHICAGO, Oct. 29, 2024 (GLOBE NEWSWIRE) — Pathos AI, a clinical-stage biotechnology company focused on re-engineering drug development through artificial intelligence, today announced the closing of an oversubscribed $62M Series C funding round. The Series C financing round was led by New Enterprise Associates (NEA) with participation from Revolution Growth and other existing insiders. This new capital infusion will enable Pathos to expand its team of world-class scientists and engineers, accelerate the development of its AI-powered drug development platform, and advance its clinical-stage pipeline of precision oncology therapeutics. This latest round, which also included its existing investors, Lightbank and Builders VC, was completed at a $600 million post money valuation, bringing the three-year-old company’s total funding to...

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Nova Leap Health Corp. Announces Expansion in Nova Scotia With Execution of Definitive Agreement and Provides Update on Florida Acquisition

NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES HALIFAX, Nova Scotia, Oct. 29, 2024 (GLOBE NEWSWIRE) — NOVA LEAP HEALTH CORP. (TSXV: NLH) (“Nova Leap” or “the Company”), a growing home health care organization, is pleased to announce that it has executed a definitive agreement (the “Agreement”) to acquire all of the shares of two affiliated home care services companies (“the Targets”) with operations in Nova Scotia (the “Transaction”). The Targets reported aggregate unaudited revenue of approximately $2.56 million, unaudited net income of approximately $235,000 and Adjusted EBITDA of approximately $276,000 for the 2023 fiscal year. All amounts are in Canadian Dollars (“CAD”) unless otherwise specified. Under the terms of the Agreement, the Transaction is to be made for total consideration...

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Franklin Electric Reports Third Quarter 2024 Results

Third Quarter 2024 HighlightsConsolidated net sales of $531.4 million, a decrease of 1% to the prior year Water Systems and Distribution net sales increased 2% and 1%, respectively, while Fueling Systems net sales decreased 10% Operating income was $73.5 million with operating margin of 13.8% GAAP fully diluted earnings per share (EPS) was $1.17FORT WAYNE, Ind., Oct. 29, 2024 (GLOBE NEWSWIRE) — Franklin Electric Co., Inc. today announced its third quarter financial results for fiscal year 2024. Third quarter 2024 net sales were $531.4 million, compared to third quarter 2023 net sales of $538.4 million. Third quarter 2024 operating income was $73.5 million, compared to third quarter 2023 operating income of $78.1 million. Third quarter 2024 EPS was $1.17, versus EPS in the third quarter 2023 of $1.23. “Our third quarter results...

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IPG Photonics Announces Third Quarter 2024 Financial Results

 Focusing on Execution and Future Growth Opportunities Delivered Results At the High End of Guidance MARLBOROUGH, Mass., Oct. 29, 2024 (GLOBE NEWSWIRE) — IPG Photonics Corporation (NASDAQ: IPGP) today reported financial results for the third quarter ended September 30, 2024.         Three Months Ended September 30,         Nine Months Ended September 30,      (In millions, except per share data and percentages)     2024       2023     Change       2024       2023     Change  Revenue   $ 233.1     $ 301.4     (23 )%   $ 742.8     $ 988.5     (25 )%Gross margin     23.2 %     44.1 %           33.4 %     43.2 %      Operating (loss) income   $ (253.3 )   $ 55.7     NM     $ (222.2 )   $ 203.2     NM  Operating margin   (108.7 )%     18.5 %         (29.9 )%     20.6 %      Net (loss) income attributable to IPG...

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