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Year: 2024

Mortgage Rates Increase Once Again

Primary Mortgage Market Survey®U.S. weekly average mortgage rates as of 10/24/2024MCLEAN, Va., Oct. 24, 2024 (GLOBE NEWSWIRE) —  Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing the 30-year fixed-rate mortgage (FRM) averaged 6.54 percent. “The continued strength in the economy drove mortgage rates higher once again this week. Over the last few years, there has been a tension between downbeat economic narrative and incoming economic data stronger than that narrative. This has led to higher-than-normal volatility in mortgage rates, despite a strengthening economy,” said Sam Khater, Freddie Mac’s Chief Economist. News FactsThe 30-year FRM averaged 6.54 percent as of October 24, 2024, up from last week when it averaged 6.44 percent. A year ago at this time, the...

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XPO Named One of America’s Most Reliable Companies for 2025 by Newsweek

GREENWICH, Conn., Oct. 24, 2024 (GLOBE NEWSWIRE) — XPO (NYSE: XPO), a leading provider of freight transportation in North America, has been named one of “America’s Most Reliable Companies” for 2025 by Newsweek magazine. The inaugural list recognizes U.S.-based companies that stand out for consistent service and dependability. XPO is one of the highest-ranked transportation companies cited by Newsweek. Mario Harik, chief executive officer of XPO, said, “Our team is committed to providing world-class service for our customers every day. We’re proud to be recognized for our reliability and are grateful to our customers for trusting us with their freight.” Companies on the “America’s Most Reliable Companies” list were identified through an independent survey of over 1,700 decision-makers...

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Federal Home Loan Bank of New York Announces Third Quarter 2024 Operating Highlights

NEW YORK, Oct. 24, 2024 (GLOBE NEWSWIRE) — The Federal Home Loan Bank of New York (“FHLBNY”) today released its unaudited financial highlights for the quarter ended September 30, 2024.    “Throughout the first nine months of 2024, the Federal Home Loan Bank of New York has continued to successfully execute on our mission, meeting the needs of our members and working together to the benefit of the communities we all serve,” said José R. González, president and CEO of the FHLBNY. Highlights from the third quarter of 2024 include:Net income for the quarter was $183.4 million, an increase of $1.5 million, or 0.8%, from net income of $181.9 million for the third quarter of 2023. Net interest income for the quarter was $237.2 million, a decrease of $5.3 million, or 2.2%, from $242.4 million in the third quarter last year. Non-interest...

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Fly Play hf.: Financial Results Q3 2024

Fly Play hf.: Financial Results Q3 2024PLAY airlines carried 521 thousand passengers in Q3 2024 and the load factor was 89%. On-time performance reached 89%, improving from 85% last year, making PLAY the most punctual airline at Keflavík International Airport. PLAY turned a USD 3.5 million profit in Q3 2024.Load factor increased and ancillary yield remained stable in Q3, however, ASK decreased by 5%, and airfare yield fell by 9% due to the challenging transatlantic market. As a result, total revenue for Q3 decreased from USD 110.2 million to USD 100.5 million, or 8.8%.Cash position improved slightly to USD 39.8 million, with a USD 0.6 million year-on-year increase. Lease payments on PLAY’s aircraft are now set up in such a way that they are higher during the summer months and lower during winter. The effect is a USD 4.3 million...

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VINCI – Quarterly Information at 30 September 2024

Nanterre, 24 October 2024 QUARTERLY INFORMATION AT 30 SEPTEMBER 2024Revenue of €52.3 billion for the first nine months of 2024, an increase of over 3% compared with the same period in 2023 (international up 4%, France up 3%) Dynamic business levels in Concessions (revenue up 7%) and Energy (up 5%) High level order book Good integration of major acquisitions made since the start of the year 2024 guidance fine-tuned regarding in particular a possible change in taxation applicable to large companies in France Next event: CMD dedicated to VINCI Energies on 22 November 2024REVENUE AND OTHER KEY INDICATORS  First nine months 2024/2023 change(in € millions) 2024 2023 Actual Like-for-like1Concessions 8,900 8,295 +7.3% +5.6%VINCI Autoroutes 5,029 4,855 +3.6%...

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Revenue for the nine months ended 30 September 2024: €445.4m (up 5.6%) / Full-year 2024 targets revised downwards

Revenue for the nine months ended 30 September 2024: €445.4m (up 5.6%)Full-year 2024 targets revised downwards Paris-La Défense, 24 October 2024, 5.35 p.m. (CEST) – Assystem S.A. (ISIN: FR0000074148 – ASY), an international engineering group, today released its revenue figures for the nine months ended 30 September 2024 and the third quarter of 2024. Consolidated revenue for the nine months ended 30 September 2024and year-on-year changes vs. 2023 (unaudited)  In millions of euros 9 months2023 9 months2024 % change (reported) % change (organic(2))Group(1) 421.7 445.4 +5.6% +5.2%         France 273.1 278.9 +2.1% +4.5%International 148.7 166.5 +12.0% +6.3%(1)  Consolidation of the India-based company L&T Infrastructure Engineering Limited (L&T IEL) and France-based Keops Automation since 1 January 2024,...

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Flowers Foods to Report Third Quarter 2024 Results

Thomasville, GA, Oct. 24, 2024 (GLOBE NEWSWIRE) — Flowers Foods, Inc. (NYSE: FLO) will report its third quarter 2024 financial results on Friday, November 8, 2024, at 7:00 a.m. Eastern. The company will host a live question and answer webcast at 8:30 a.m. Eastern the same day. A link to the webcast, press release, pre-recorded remarks by management with accompanying transcript, and supporting slide presentation will be posted at investors.flowersfoods.com. A replay will be available at the same link following the event. About Flowers Foods Headquartered in Thomasville, Ga., Flowers Foods, Inc. (NYSE: FLO) is one of the largest producers of packaged bakery foods in the United States with 2023 sales of $5.1 billion. Flowers operates bakeries across the country that produce a wide range of bakery products. Among the company’s top...

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Puma Welcomes Kinross Gold as Strategic Investor to Explore and Develop the Williams Brook Project

RIMOUSKI, Québec, Oct. 24, 2024 (GLOBE NEWSWIRE) — Puma Exploration Inc. (TSXV: PUMA, OTCQB: PUMXF) (the “Company” or “Puma”) is pleased to announce the execution on October 23, 2024 of a definitive option agreement (the “Option Agreement’) with KG Exploration (Canada) Inc., a wholly-owned subsidiary of Kinross Gold Corporation (TSX: K, NYSE: KGC) (“Kinross”) with respect to the Williams Brook, Portage and Jonpol properties (collectively, the “Williams Brook Project”) located in Northern New Brunswick, Canada (see Figure 1). Figure 1. Puma’s land holdings in Northern New BrunswickUnder the terms of the Option Agreement, Kinross will have, subject to certain conditions, the option to earn a 65% interest in the Project by funding a minimum of $16,750,000 in exploration expenditures during a period of five (5) years (including a...

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Hydromer, Inc. Reports Preliminary Unaudited Financial Results for Third Quarter 2024

CONCORD, N.C., Oct. 24, 2024 (GLOBE NEWSWIRE) — Hydromer, Inc. (OTC: HYDI) (the “Company”), a leader in hydrophilic, thromboresistant, and antimicrobial coating technologies for medical devices for over 44 years, is pleased to announce certain preliminary, unaudited management-prepared financial results for the quarter ended September 30, 2024. These results are based on the most current information available to management, are unaudited, and are subject to the completion of the Company’s 2024 year-end financial reporting processes, reviews, audit, and potential adjustments, each of which could result in changes to the numbers reported. Financial Highlights –          Revenue Recorded revenue of $788,000 for the three months ended September 30, 2024, a decrease of 21% compared to $993,000 for the same period in 2023. –         ...

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Kadant to Hold Earnings Conference Call on Wednesday, October 30, 2024

WESTFORD, Mass., Oct. 24, 2024 (GLOBE NEWSWIRE) — Kadant Inc. (NYSE: KAI) announced it will release its 2024 third quarter results after the market closes on Tuesday, October 29, 2024 and will hold a webcast the next day, Wednesday, October 30, 2024 at 11:00 a.m. eastern time. During the call the Company will discuss its third quarter financial performance and future expectations. To listen to the live call and view the webcast, go to the “Investors” section of the Company’s website at www.kadant.com. Participants interested in joining the call’s live question and answer session are required to register by clicking here or selecting the Q&A link on our website to receive a dial-in number and unique PIN. It is recommended that you join the call 10 minutes prior to the start of the event. A replay of the webcast will be available...

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