Day: January 2, 2025

Algoma Steel Provides Guidance for the Quarter Ended December 31, 2024

Written by Customer Service on January 2, 2025. Posted in Public Companies.

SAULT STE. MARIE, Ontario, Jan. 02, 2025 (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, today provided guidance for its quarter ended December 31, 2024. Unless otherwise specified, all amounts are in Canadian dollars. Total steel shipments for the quarter are expected to be in the range of 545,000 to 550,000 tons and Adjusted EBITDA is expected to be in the range of ($55) million to ($65) million. Michael Garcia, Chief Executive Officer of Algoma, commented, “Despite market headwinds, our results for the quarter demonstrated solid operational execution, particularly in our plate business where production continued on its upward trajectory. While macroeconomic uncertainties persist in the steel...

Micron Appoints Mike Cordano as Executive Vice President of Worldwide Sales

Written by Customer Service on January 2, 2025. Posted in Public Companies.

BOISE, Idaho, Jan. 02, 2025 (GLOBE NEWSWIRE) — Micron Technology, Inc. (Nasdaq: MU) today announced it is appointing Mike Cordano as the company’s executive vice president of worldwide sales, effective immediately. Cordano will succeed Mike Bokan, who announced a few months ago his intention to retire from Micron in fiscal 2025 after more than twenty-eight years with the company. Bokan will support Cordano over the next several months to ensure a seamless transition. Cordano will report directly to Sanjay Mehrotra, President and CEO of Micron. Cordano joins Micron with a 30-year track record of success in executive leadership, driving innovative business development, and executing successful go-to-market strategies. His experience includes over 8 years at Western Digital (WD), where he held ever-increasing executive positions,...

Tilray Brands Moves Earnings Date to January 10, 2025, in Observance of the National Day of Mourning

Written by Customer Service on January 2, 2025. Posted in Public Companies.

Due to the closure of the Securities and Exchange Commission and U.S. stock markets on January 9, in honor of the late former President Jimmy Carter, Tilray has moved its earnings announcement to January 10 NEW YORK and LEAMINGTON, Ontario, Jan. 02, 2025 (GLOBE NEWSWIRE) — Tilray Brands, Inc. (“Tilray” or the “Company”) (Nasdaq: TLRY; TSX: TLRY), a leading global lifestyle and consumer packaged goods company, today announced that the Company will now release its financial results for the second quarter ended November 30, 2024, before the financial market opens on January 10, 2025. The Company originally scheduled the release of its second quarter financial results before market open on January 9, 2025. This change reflects the observance of the National Day of Mourning in honor of former President Jimmy Carter. Live Conference...

The New America High Income Fund, Inc. Declares Distribution and Announces That Its Shares Will Cease Trading February 11 Prior to Reorganization

Written by Customer Service on January 2, 2025. Posted in Dividend Reports And Estimates.

BOSTON, Jan. 02, 2025 (GLOBE NEWSWIRE) — The New America High Income Fund, Inc. (the “Fund”) (NYSE: HYB) announced today that it will pay a distribution of $0.04 per share on the company’s common stock on January 31, 2025 to common shareholders of record as of the close of business on January 17, 2025. The ex-dividend date will be January 17th. Additionally, as previously announced, the reorganization of the Fund into the T. Rowe Price High Yield Fund (the “T. Rowe Price Fund”), a separate series of the T. Rowe Price High Yield Fund, Inc. (the “Reorganization”) is expected to become effective following the close of business of the New York Stock Exchange on Friday, February 21, 2025, subject to satisfaction of customary closing conditions. Upon the closing of the Reorganization, shareholders of the Fund will become holders of Investor...

Petrus Resources Declares Monthly Dividend for January 2025

Written by Customer Service on January 2, 2025. Posted in Dividend Reports And Estimates.

CALGARY, Alberta, Jan. 02, 2025 (GLOBE NEWSWIRE) — Petrus Resources Ltd. (“Petrus” or the “Company”) (TSX: PRQ) is pleased to confirm that its Board of Directors has declared a monthly dividend in the amount of $0.01 per share payable January 31, 2025, to shareholders of record on January 15, 2025. The dividend is designated as an eligible dividend for Canadian income tax purposes. Dividend Reinvestment Plan (“DRIP”)Petrus’ DRIP enables eligible shareholders to reinvest all or part of their cash dividends into additional common shares of the Company. Participation in the DRIP is optional. Eligible shareholders who elect to reinvest their cash dividends under the DRIP will receive common shares issued from treasury at a discount of 3% from the market price of the common shares. To participate in the DRIP, registered...

Diversified Royalty Corp. Announces January 2025 Cash Dividend

Written by Customer Service on January 2, 2025. Posted in Dividend Reports And Estimates.

VANCOUVER, British Columbia, Jan. 02, 2025 (GLOBE NEWSWIRE) — Diversified Royalty Corp. (TSX: DIV and DIV.DB.A) (the “Corporation” or “DIV”) is pleased to announce that its board of directors has approved a cash dividend of $0.02083 per common share for the period of January 1, 2025 to January 31, 2025, which is equal to $0.25 per common share on an annualized basis. The dividend will be paid on January 31, 2025 to shareholders of record as of the close of business on January 15, 2025. About Diversified Royalty Corp. DIV is a multi-royalty corporation, engaged in the business of acquiring top-line royalties from well-managed multi-location businesses and franchisors in North America. DIV’s objective is to acquire predictable, growing royalty streams from a diverse group of multi-location businesses and franchisors. DIV currently...

Constellation Brands Announces Revised Date to Report Third Quarter Fiscal 2025 Financial Results; Host Conference Call January 10, 2025

Written by Customer Service on January 2, 2025. Posted in Earnings Releases And Operating Results.

Rescheduled from Thursday, January 9, 2025 in Observance of National Day of Mourning for Former President Jimmy Carter ROCHESTER, N.Y., Jan. 02, 2025 (GLOBE NEWSWIRE) — Constellation Brands, Inc. (NYSE: STZ), a leading beverage alcohol company, announced today a revised date to report its financial results for its third quarter ended November 30, 2024, of Friday, January 10, 2025, before the open of the U.S. markets. A conference call to discuss the financial results and outlook will be hosted by President and Chief Executive Officer, Bill Newlands, and Executive Vice President and Chief Financial Officer, Garth Hankinson, at 10:30 a.m. ET, January 10, 2025. The company has rescheduled its conference call from the previously announced date of Thursday, January 9, 2025 in observance of the declared national day of mourning for former...

New sawmill in Maine

Written by Customer Service on January 2, 2025. Posted in Mergers And Acquisitions.

SAINT JOHN, New Brunswick, Jan. 02, 2025 (GLOBE NEWSWIRE) — Irving Forest Products, which owns and operates wood processing facilities in Maine and New York State, will acquire the Masardis Sawmill in Masardis, Maine. The sale will close January 5, 2025. Previously owned by Groupe Lebel, the Masardis operation has a long history of producing random-length spruce and fir lumber. It currently employs 80 people and has the capacity to produce 115 million board feet annually. The sawmill is located within close proximity to Irving’s 1.3 million acres of timberlands in Maine. “We are excited to grow our lumber production capacity in the state of Maine,” said Jerome Pelletier, VP of Irving Forest Products. “The Masardis mill is well-located to access high-quality timber. It is also serviced by the Maine Northern Railway and benefits...

Pennant Completes Acquisition of Signature Healthcare at Home Assets

Written by Customer Service on January 2, 2025. Posted in Mergers And Acquisitions.

EAGLE, Idaho, Jan. 02, 2025 (GLOBE NEWSWIRE) — The Pennant Group, Inc. (NASDAQ: PNTG), the parent company of the Pennant group of affiliated home health, hospice, and senior living companies, today announced that it has closed on the purchase of certain Oregon assets of Signature Healthcare at Home (“Signature”). Pennant completed its purchase of Signature’s Idaho and Washington assets on August 1, 2024 and its purchase of certain of Signature’s Oregon assets on January 1, 2025, thus concluding the full two-stage acquisition as previously announced. The Oregon assets include seven locations across the state, adding to Pennant’s existing presence in Portland and Grant’s Pass. “We are delighted to welcome these operations to the Pennant fold,” said Brent Guerisoli, Pennant’s Chief Executive Officer. “This is a substantial purchase...

GAMCO Expects to Report Diluted EPS for the Fourth Quarter 2024 of $0.65 to $0.71 Per Share and 2024 Diluted EPS of $2.59 to $2.65 Per Share

Written by Customer Service on January 2, 2025. Posted in Dividend Reports And Estimates.

GREENWICH, Conn., Jan. 02, 2025 (GLOBE NEWSWIRE) — GAMCO Investors, Inc. (“GAMI”) (OTCQX: GAMI) announced today that assets under management (“AUM”) were $31.7 billion at December 31, 2024 as compared to $31.1 billion at December 31, 2023. The 2023 AUM included $620 million of SICAV AUM that were subsequently reclassified in January 2024 as assets under administration. GAMI expects to report fourth quarter 2024 diluted earnings in the range of $0.65 to $0.71 per share versus $0.66 per share for the fourth quarter of 2023. GAMI expects to report 2024 diluted earnings in the range of $2.59 to $2.65 per share versus $2.38 per share for 2023. GAMI will be issuing further details on its financial results in early February. About GAMCO Investors, Inc. GAMI is known for its research-driven value approach to equity investing (known as...

Day: January 2, 2025

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