Day: February 14, 2025

Matthews International to Sell Remaining Operating Businesses Within SGK Brand Solutions for $50 Million

Written by Customer Service on February 14, 2025. Posted in Public Companies.

When Combined with Previously Announced Transaction, Total Upfront Consideration for Divestiture of the SGK Segment to be $400 Million, Implying Total Value in Excess of $600 million Proceeds to be Used for Continued Debt Repayment PITTSBURGH, Feb. 14, 2025 (GLOBE NEWSWIRE) — Matthews International Corporation (NASDAQ GSM: MATW) (“Matthews” or the “Company”) today announced that it has entered into a letter of intent (“LOI”) for the sale of the remaining operating businesses within the SGK Brand Solutions (“SGK”) reporting segment, which primarily consists of its European roto-gravure packaging and surfaces businesses. Under the terms of the LOI, Matthews will receive $50 million of total consideration, predominantly in cash which will be applied directly to repayment of debt. As previously announced on January 8, 2025, Matthews...

AMC Networks Inc. Reports Fourth Quarter and Full Year 2024 Results

Written by Customer Service on February 14, 2025. Posted in Public Companies.

NEW YORK, Feb. 14, 2025 (GLOBE NEWSWIRE) — AMC Networks Inc. (“AMC Networks” or the “Company”) (NASDAQ: AMCX) today reported financial results for the fourth quarter and full year ended December 31, 2024. AMC Networks Chief Executive Officer Kristin Dolan said: “We are pleased and encouraged by our results in the fourth quarter and across all of 2024. We achieved our full-year guidance across all key financial metrics, including generating healthy free cash flow of $331 million. Our free cash flow performance to date has been strong and we are increasing our expectations to approximately $550 million of cumulative free cash flow over the ’24/’25 two-year period. We forged and expanded innovative partnerships that are helping to drive our company forward amidst a period of change that is...

China Medical System （867.HK） is Included in the S&P Global Sustainability Yearbook 2025

Written by Customer Service on February 14, 2025. Posted in Public Companies.

SHENZHEN, CHINA, Feb. 14, 2025 (GLOBE NEWSWIRE) — In February 11th 2025, with a Corporate Sustainability Assessment (CSA) score of 61, surpassing 93% of global peers, China Medical System Holdings Limited (“CMS” or the “Group”) has been included in the S&P Global Sustainability Yearbook 2025 (the “Yearbook 2025”). This marks the Group’s first inclusion in the global edition of S&P Global Sustainability Yearbook (the “Yearbook”), following the S&P Global Sustainability Yearbook (China Edition) inclusion for consecutive two years. Since its launch in 2008, the Yearbook’s professionalism and authority have been highly recognized by global ESG investors and other stakeholders. The Yearbook aims to identify outstanding companies in sustainable development from each industry. 7,690 companies across 62 industries were...

Cibus Announces Important Update to Rice Gene Editing Conversion Rates

Written by Customer Service on February 14, 2025. Posted in Public Companies.

SAN DIEGO, Feb. 14, 2025 (GLOBE NEWSWIRE) — Cibus, Inc. (Nasdaq: CBUS) (the “Company” or “Cibus”), a leading agricultural technology company that develops and licenses plant traits to seed companies for royalties, today issued a correction relating to the rice conversion rates previously disclosed in its January 16, 2025 press release. The Company has concluded that the gene editing conversion rates of 10-25% in Rice have not been reconfirmed based upon subsequent experiments and high variability in the conversion rate data. Cibus is continuing to advance its oligonucleotide directed mutagenesis (ODM) editing technologies to drive improved editing conversion rates across its developed traits across its crops of interest. “Notwithstanding the variability experiment to experiment, we continue to believe that Cibus’ standardized high...

New York’s MTA further electrifies fleet, with order for 265 battery-electric buses from NFI subsidiary New Flyer

Written by Customer Service on February 14, 2025. Posted in Public Companies.

ST. CLOUD, Minn., Feb. 14, 2025 (GLOBE NEWSWIRE) — (TSX: NFI, OTC: NFYEF, TSX: NFI.DB) NFI Group Inc. (NFI) a leading independent bus and coach manufacturer and a leader in zero-emission electric mass mobility solutions, subsidiary New Flyer of America Inc. (New Flyer), today announced New York’s Metropolitan Transit Authority (MTA) is adding 265 zero-emission buses to its fleet. This option order, part of a contract between New Flyer and the MTA signed in Q1 2024, allows for the purchase of 193 Xcelsior CHARGE NG™ 40-foot buses and 72 Xcelsior CHARGE NG™ 60-foot buses (144 equivalent units). The MTA operates North America’s largest transportation network and oversees the largest bus fleet in the United States. The MTA’s services span 5,000 square miles, covering New York City, Long Island, southeastern New York...

Fortis Inc. Reports Fourth Quarter & Annual 2024 Results

Written by Customer Service on February 14, 2025. Posted in Earnings Releases And Operating Results.

This news release constitutes a “Designated News Release” incorporated by reference in the prospectus supplement dated December 9, 2024 to Fortis’ short form base shelf prospectus dated December 9, 2024. ST. JOHN’S, Newfoundland and Labrador, Feb. 14, 2025 (GLOBE NEWSWIRE) — Fortis Inc. (“Fortis” or the “Corporation”) (TSX/NYSE: FTS), a well-diversified leader in the North American regulated electric and gas utility industry, released its 2024 fourth quarter and annual financial results.1 HighlightsAnnual net earnings of $1.6 billion, or $3.24 per common share for 2024 Annual adjusted net earnings per common share2 of $3.28, up from $3.09 for 2023, representing 6% growth3 Capital expenditures2 of $5.2 billion, yielding 6% annual rate base growth3 Tranche 2.1 projects approved by...

Barnwell Industries, Inc. Reports Results for its First Quarter Ended December 31, 2024

Written by Customer Service on February 14, 2025. Posted in Earnings Releases And Operating Results.

HONOLULU, Feb. 14, 2025 (GLOBE NEWSWIRE) — Barnwell Industries, Inc. (NYSE American: BRN) today reported financial results for its first quarter ended December 31, 2024. For the quarter, the Company had revenue of $4,477,000 and a net loss of $1,917,000 or $0.19 per share. In the three months ended December 31, 2023, the Company reported quarterly revenue of $6,155,000 and a net loss of $664,000 or $0.07 per share. The Company remains debt free and ended the quarter with $642,000 in working capital, including $1,957,000 in cash and cash equivalents. Oil and Gas Prices and Production During the three months ended December 31, 2024, oil, gas and natural gas liquids prices decreased 2%, 40% and 8%, respectively, compared to the prior year’s quarter. Additionally, oil, gas and natural gas liquids production decreased 17%, 21% and 17%,...

180 Degree Capital Corp. Reports Net Asset Value Per Share (“NAV”) of $4.64 as of December 31, 2024

Written by Customer Service on February 14, 2025. Posted in Earnings Releases And Operating Results.

MONTCLAIR, N.J., Feb. 14, 2025 (GLOBE NEWSWIRE) — 180 Degree Capital Corp. (NASDAQ:TURN) (“180 Degree Capital” and the “Company”), today reported its financial results as of December 31, 2024, and noted additional developments from the first quarter of 2025. The Company also published a letter to shareholders that can be viewed at https://ir.180degreecapital.com/financial-results. “We were pleased with our performance in Q4 2024 relative to the majority of our public market comparable indices,” said Kevin M. Rendino, Chief Executive Officer of 180 Degree Capital. “While our full year performance was disappointing, Q1 2025 has thus far continued and exceeded our strong performance exiting 2024. Our gross total return of +205% from inception through the end of 2024 continues to compare favorably to the +69% total return for the Russell...

MTY Reports Fourth Quarter Results for Fiscal 2024

Written by Customer Service on February 14, 2025. Posted in Dividend Reports And Estimates.

Normalized adjusted EBITDA(1) remained relatively stable at $59.4 million in the quarter, compared to $60.4 million in Q4-23. System sales(2) for the quarter improved by 2% or $30.3 million to reach $1,371.9 million compared to $1,341.6 million in Q4-23 mostly due to organic growth. Ended the quarter with 7079 locations with net positive openings of 13 locations for the quarter. Franchising segment normalized adjusted EBITDA(1) increased 8% to reach $49.3 million in the quarter, compared to $45.7 million in Q4-23 with normalized adjusted EBITDA as a % of revenue(2) of 51% compared to 47% in Q4-23. Cash flows provided by operating activities were $43.7 million compared to $47.8. Free cash flows net of lease payments(1) of $27.4 million in the quarter, compared to $33.4 million in Q4-23. Free cash flows net of lease payments per diluted...

Lithium Argentina to Release Fourth Quarter and Full Year 2024 Results on March 17, 2025

Written by Customer Service on February 14, 2025. Posted in Public Companies.

ZUG, Switzerland, Feb. 14, 2025 (GLOBE NEWSWIRE) — Lithium Argentina AG (“Lithium Argentina” or the “Company”) (TSX: LAR) (NYSE: LAR) will release its fourth quarter and full year 2024 earnings results after market close on Monday, March 17, 2025. The Company will hold a webcast and conference call to discuss its fourth quarter and full year 2025 results on Tuesday, March 18, 2025 at 10:00 a.m. ET. The webcast will be accessible on the Investor Relations section of the Company website at https://lithium-argentina.com/investor-relations/events-and-presentations/default.aspx Webcast Details: Event Title: Lithium Argentina Fourth Quarter and Year End 2024 Earnings CallEvent Date: March 18, 2025Start Time: 10:00 AM Eastern time (US and Canada) Attendee URL:https://events.q4inc.com/attendee/812782588 Replay Information:A webcast replay...

Day: February 14, 2025

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