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Year: 2024

Mullen Group Ltd. Reports Solid Third Quarter Financial Results including Record Quarterly Revenues

OKOTOKS, Alberta, Oct. 24, 2024 (GLOBE NEWSWIRE) — (TSX: MTL) Mullen Group Ltd. (“Mullen Group“, “We“, “Our” and/or the “Corporation“), one of Canada’s largest logistics providers today reported its financial and operating results for the period ended September 30, 2024, with comparisons to the same period last year. Full details of the results may be found within our Third Quarter Interim Report, which is available on the Corporation’s issuer profile on SEDAR+ at www.sedarplus.ca or at www.mullen-group.com. “An excellent quarter for our group even though the economy remains in neutral. Acquisitions continue to drive growth, however, I was really pleased with the performance of our Business Units, where the real difficult work is handled. All of our teams did a great...

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LKQ Corporation Announces Results for Third Quarter 2024

Revenue of $3.6 billion (a 0.5% increase compared to the same period in 2023) Diluted EPS2 of $0.73; adjusted diluted EPS1,2 of $0.88 Third quarter operating cash flow of $420 million; free cash flow1 of $341 million Repurchased $125 million of LKQ shares $1 billion increase to stock repurchase program announced, raising the aggregate authorization to $4.5 billion through October 25, 2026 Dividend of $0.30 per share approved to be paid in the fourth quarter of 2024ANTIOCH, Tenn., Oct. 24, 2024 (GLOBE NEWSWIRE) — LKQ Corporation (Nasdaq: LKQ) today reported third quarter 2024 financial results. “Our third quarter results reflect softer overall volumes, which underscore the importance of executing on our strategic transformation discussed at our September investor day. Our focus on managing our operating expenses is critically...

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Media Advisory: Hut 8 Announces Conference Call to Discuss Third Quarter 2024 Results

Miami, Oct. 24, 2024 (GLOBE NEWSWIRE) — Hut 8 Corp. (Nasdaq | TSX: HUT) (“Hut 8” or the “Company”), a leading, vertically integrated operator of large-scale energy infrastructure and one of North America’s largest Bitcoin miners, will host a conference call and webinar on Wednesday, November 13, 2024 to review third quarter 2024 results.Who: Analysts, media, and investors are invited to attend.What: Hut 8 executives will review the Company’s financial results for the third quarter of 2024.When: Results will be shared via media release and on the Company’s website at https://hut8.com/investors/ on November 13, 2024. The conference call and webinar will begin at 8:30 a.m. ET.Where: The webcast can be viewed at: https://www.hut8.com/q3-2024/. Analysts can register here.About Hut 8 Hut 8 Corp. is an energy infrastructure...

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Media Advisory: Hut 8 Announces Conference Call to Discuss Third Quarter 2024 Results

MIAMI, Oct. 24, 2024 (GLOBE NEWSWIRE) — Hut 8 Corp. (Nasdaq | TSX: HUT) (“Hut 8” or the “Company”), a leading, vertically integrated operator of large-scale energy infrastructure and one of North America’s largest Bitcoin miners, will host a conference call and webinar on Wednesday, November 13, 2024 to review third quarter 2024 results.Who: Analysts, media, and investors are invited to attend.What: Hut 8 executives will review the Company’s financial results for the third quarter of 2024.When: Results will be shared via media release and on the Company’s website at https://hut8.com/investors/ on November 13, 2024. The conference call and webinar will begin at 8:30 a.m. ET.Where: The webcast can be viewed at: https://www.hut8.com/q3-2024/. Analysts can register here.About Hut 8 Hut 8 Corp. is an energy infrastructure...

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Legible Announces $2.1 Million Private Placement Unit Offering and Appointment of Chief Technology Officer

VANCOUVER, British Columbia, Oct. 24, 2024 (GLOBE NEWSWIRE) — Legible Inc. (CSE: READ) (OTCQB: LEBGF) (FSE: D0T) (“Legible or “the Company”), a leading platform and innovator in digital literature, announces an offering of units (“Units”) for gross proceeds of $2,100,000 by way of a non-brokered private placement (the “Offering”) pursuant to exemptions from applicable securities laws. Each Unit consists of one common share (“Common Share(s)”) and one whole Common Share purchase warrant (“Warrant(s)”) with each Warrant entitling the holder to acquire 1 Common Share at a price of $0.14, at any time prior to 5:00 pm (PST) on the date that is two years from the closing date. If the volume weighted average trading price of the Common shares is at least $0.40 per Common Share for a period of 5 consecutive trading days, the expiry date...

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Raytech Holding Limited Announces Results of 2024 Annual Meeting of Shareholders

HONG KONG, Oct. 24, 2024 (GLOBE NEWSWIRE) — Raytech Holding Limited (Nasdaq: RAY) (the “Company” or “RAY”), a Hong Kong-headquartered company specializing in design, sourcing and wholesale of personal care electrical appliances for international brand owners, today announced the results of the Company’s 2024 Annual Meeting of Shareholders (the “Annual Meeting”) held on October 23, 2024, at 9:00 a.m. HK time (October 22, 2024, at 9:00 p.m., U.S. Eastern time) at its executive office at Unit 609, 6/F, Nan Fung Commercial Centre, No.19 Lam Lok Street, Kowloon Bay, Hong Kong, and virtually by teleconference. At the Annual Meeting, shareholders of the Company:Re-elected all current five directors, each to hold office until the next Annual Meeting or until their successors are duly elected and qualified; Ratified the appointment of...

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Amalgamated Financial Corp. Reports Record Third Quarter 2024 Financial Results; Margin Expands to 3.51%; Return on Average Assets of 1.32%

YoY Tangible Book Value per share Growth of 27.9% | Deposits Higher by $311 million NEW YORK, Oct. 24, 2024 (GLOBE NEWSWIRE) — Amalgamated Financial Corp. (the “Company” or “Amalgamated”) (Nasdaq: AMAL), the holding company for Amalgamated Bank (the “Bank”), today announced financial results for the third quarter ended September 30, 2024. Third Quarter 2024 Highlights (on a linked quarter basis)Net income of $27.9 million, or $0.90 per diluted share, compared to $26.8 million, or $0.87 per diluted share. Core net income1 of $28.0 million, or $0.91 per diluted share, compared to $26.2 million, or $0.85 per diluted share.Deposits and LiquidityTotal deposits increased $145.6 million, or 2.0%, to $7.6 billion including a $51.3 million decline in Brokered CDs. Excluding Brokered CDs, on-balance sheet deposits increased $196.9...

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Brunswick Corporation Releases 2024 Third Quarter Earnings

METTAWA, Ill., Oct. 24, 2024 (GLOBE NEWSWIRE) — Brunswick Corporation (NYSE: BC), today, released its third quarter 2024 financial results.  A complete and full-text financial results press release is available on the Company’s website at https://ir.brunswick.com.  The results will also be available on the SEC’s website with the Form 8-K filing of the release at http://goo.gl/wJQN1. The Company will hold a conference call at 10 a.m. CT/ 11 a.m. ET, today, Thursday, October 24, 2024, hosted by David M. Foulkes, chief executive officer, Ryan M. Gwillim, executive vice president and chief financial officer and strategy officer and Neha Clark, senior vice president, enterprise finance.  A copy of the presentation to be used on this call will be available when the results are released as noted above. Security analysts and investors...

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Beam Global Announces Appointment of Sales Veteran to Lead and Expand Internal and External Sales Teams

Andy Lovsted brings 20 years of executive leadership and distribution channel development experience SAN DIEGO, Oct. 24, 2024 (GLOBE NEWSWIRE) — Beam Global, (Nasdaq: BEEM), a leading provider of innovative and sustainable infrastructure solutions for the electrification of transportation and energy security, is pleased to announce the appointment of Andy Lovsted as Vice President of Sales. In this role Mr. Lovsted will spearhead Beam Global’s sales strategy to expand the company’s footprint in electric vehicle (EV) infrastructure and energy security markets. Mr. Lovsted is a proven leader in managing sales for large enterprises and in emerging markets with over 20 years of executive leadership experience in the technology sector. He is recognized for his ability to transform sales organizations and deliver exceptional results,...

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LKQ Corporation Announces $1 Billion Increase to its Stock Repurchase Program

ANTIOCH, Tenn., Oct. 24, 2024 (GLOBE NEWSWIRE) — LKQ Corporation (Nasdaq: LKQ) today announced that its Board of Directors has authorized a $1 billion increase and a one-year extension to its stock repurchase program, raising the aggregate authorization under the program to $4.5 billion and authorizing repurchases through October 25, 2026. Since initiating the stock repurchase program in late October 2018, the Company has repurchased approximately 62 million shares of its common stock for a total of $2.7 billion through September 30, 2024. Under the repurchase program, the Company is authorized to repurchase shares in the open market as well as in privately negotiated transactions. The timing and the amount of any repurchases of common stock will be determined by LKQ management based on its evaluation of market conditions and other...

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