Month: February 2025

Madison Pacific Properties Inc. announces the results for the four months ended December 31, 2024

Written by Customer Service on February 28, 2025. Posted in Earnings Releases And Operating Results.

VANCOUVER, British Columbia, Feb. 27, 2025 (GLOBE NEWSWIRE) — Madison Pacific Properties Inc. (the Company) (TSX: MPC and MPC.C), a Vancouver-based real estate company announces the results of operations for the four months ended December 31, 2024. In July 2024, the Company’s Board of Directors approved a change of financial year-end of the Company from August 31 to December 31. This change of year-end is effective for the financial year commencing September 1, 2024. The Company’s transition year is the four months ended December 31, 2024. The comparative consolidated financial statements are for the year ended August 31, 2024. The results for the four months ended December 31, 2024 as presented are not comparable to the prior year. The results reported are pursuant to International Financial Reporting Standards (IFRS) for public...

Infinera Corporation Fourth Quarter and Fiscal 2024 Financial Results

Written by Customer Service on February 28, 2025. Posted in Earnings Releases And Operating Results.

FY’24 Highlights:Year-over-year growth in bookings and backlog; book-to-bill ratio of approximately 1.1x for FY’24 and 1.3x for Q4’24 Record revenue with webscalers – total revenue exposure (direct and indirect) greater than 50% of FY’24 revenue Significant design wins across the GX systems portfolio with webscalers and Tier 1 Communications Service Providers (CSPs) Substantial awards for ICE-X 400G and 800G pluggables from webscalers and Tier 1 CSPs Launched ICE-D to address the projected multi-billion dollar intra-data center opportunity driven by AI workloads Secured CHIPS & Science Act funding with the potential for greater than $200 million in total federal incentives, in addition to potential state and local incentives Announced a definitive agreement to be acquired by Nokia (acquisition anticipated...

WeRide Makes First European Fully Driverless Commercial Robobus Deployment in France with Beti, Renault, Macif

Written by Customer Service on February 28, 2025. Posted in Public Companies.

VALENCE, France, Feb. 27, 2025 (GLOBE NEWSWIRE) — WeRide (Nasdaq: WRD), a global leader in autonomous driving technology, today announced the first European fully driverless commercial deployment of its Robobus as part of a shuttle service partnership with beti, Renault Group, and Macif that will feature an L4 -level automated mobility service in France’s Drôme region.WeRide will provide its L4-level autonomous technology for a passenger transport service on open roads in mixed traffic, with several six-meter-long robobuses, each able to carry eight passengers, operated by beti Automated Mobility. Beti Automated Mobility will begin operations on March 10, at the Rovaltain business park – Valence TGV station in Drôme. “Our collaboration with beti allows us to execute our inaugural commercial Robobus deployment in Europe,...

Monument Reports Second Quarter Fiscal 2025 Results

Written by Customer Service on February 28, 2025. Posted in Earnings Releases And Operating Results.

Gross Revenue of US$19.80 Million and Cash Cost of US$918/Oz VANCOUVER, British Columbia, Feb. 27, 2025 (GLOBE NEWSWIRE) — Monument Mining Limited (TSX-V: MMY and FSE: D7Q1) “Monument” or the “Company” today announced its financial results for the three months (“Q2 FY 2025”) and six months ended December 31, 2024 (“YTD FY 2025”). All amounts are in United States dollars unless otherwise indicated (refer to www.sedar.com for full financial results). President and CEO Cathy Zhai commented, “Q2 FY 2025 focused on sustaining stable gold production at the Selinsing Gold Mine, delivering healthy cash flow and building a solid cash balance to fund business development. During the quarter cash reserves increased by $5.2 million to $23.08 million and working capital increased by $7.2 million to $31.92 million. The Murchison Project...

Vancity and First Credit Union Discuss Potential Merger

Written by Customer Service on February 28, 2025. Posted in Mergers And Acquisitions.

Innovative model will preserve and strengthen community banking powered by values-driven financial services TERRITORIES OF MUSQUEAM, SQUAMISH, TSLEIL-WAUTUTH, K’ÒMOKS, KLAHOOSE, AND TLA’AMIN NATIONS, Feb. 27, 2025 (GLOBE NEWSWIRE) — Vancity and First Credit Union are excited to share their intention to explore a potential merger. This merger would strengthen local community banking in British Columbia and enhance member access to financial services in communities on the North Sunshine Coast; Vancouver Island; and on Bowen, Texada and Hornby Islands. First Credit Union and Vancity both share a long history of putting people first, creating positive financial impact, and delivering values-based services that empower communities. This partnership will support an innovative vision for the collective future of community banking. With...

CORRECTION – Global Net Lease Reports Fourth Quarter and Full Year 2024 Results

Written by Customer Service on February 28, 2025. Posted in Earnings Releases And Operating Results.

In a release issued under the same headline earlier today by Global Net Lease, Inc. (NYSE: GNL), please note that in the Full Year 2025 Guidance and Dividend Update section, the third bullet should read “Reduced quarterly dividend…” and not “Reduced annual dividend…” as previously stated. The corrected release is as follows: – Completed $835 Million in Dispositions in 2024, Surpassing High-End of Increased Guidance – Reduced Net Debt by $734 million in 2024; Improved Net Debt to Adjusted EBITDA to 7.6x – Company Meets and Exceeds its Full-Year 2024 Earnings Guidance – Recently Announced $1.8 Billion Multi-Tenant Portfolio Sale Would Significantly Reduce Leverage and Improve Liquidity Position – Proposed Transaction Would Create Pure-Play, Single-Tenant Net Lease Company with Enhanced Portfolio Metrics – Company...

FTAI Infrastructure Inc. Reports Fourth Quarter and Full Year 2024 Results, Declares Dividend of $0.03 per Share of Common Stock

Written by Customer Service on February 27, 2025. Posted in Earnings Releases And Operating Results.

NEW YORK, Feb. 27, 2025 (GLOBE NEWSWIRE) — FTAI Infrastructure Inc. (NASDAQ:FIP) (the “Company” or “FTAI Infrastructure”) today reported financial results for the fourth quarter and full year 2024. The Company’s consolidated comparative financial statements and key performance measures are attached as an exhibit to this press release. Financial Overview(in thousands, except per share data) Selected Financial Results Three Months Ended December 31, 2024 Year Ended December 31, 2024Net Loss Attributable to Stockholders $ (137,236 ) $ (298,139 )Basic Loss per Share of Common Stock $ (1.24 ) $ (2.75 )Diluted Loss per Share of Common Stock $ (1.24 ) $ (2.75 )Adjusted...

Algoma Steel to Announce Results for the Three and Nine Months Ended December 31, 2024 on March 12, 2025

Written by Customer Service on February 27, 2025. Posted in Public Companies.

SAULT STE. MARIE, Ontario, Feb. 27, 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, announced today that the Company will release its financial results for the three and nine months ended December 31, 2024 after the market closes on Wednesday, March 12, 2025. As previously reported, the Company has changed its fiscal year end from March 31 to December 31, resulting in a nine month fiscal reporting period ending December 31, 2024. A webcast and conference call will be held on Thursday, March 13, 2025 at 11:00 a.m. Eastern Time to review the Company’s results, discuss recent events, and conduct a question-and-answer session. The live webcast and archived replay of the conference call can be accessed...

Brookfield Corporation Announces Pricing of $500 Million Notes Due 2055

Written by Customer Service on February 27, 2025. Posted in Public Companies.

BROOKFIELD, NEWS, Feb. 27, 2025 (GLOBE NEWSWIRE) — Brookfield Corporation (“Brookfield”) (NYSE: BN, TSX: BN) today announced the pricing of a public offering of $500 million principal amount of senior notes due 2055 (the “notes”), which will bear interest at a rate of 5.813% per annum. The notes will be issued by Brookfield Finance Inc., an indirect 100% owned subsidiary of Brookfield, and will be fully and unconditionally guaranteed by Brookfield. The net proceeds from the sale of the notes will be used for general corporate purposes. The offering is expected to close on March 3, 2025, subject to the satisfaction of customary closing conditions. The notes are being offered under Brookfield and the issuer’s existing base shelf prospectus filed in the United States and Canada. In the United States, the notes are being offered pursuant...

Stellantis Publishes 2024 Annual Report and Files Form 20-F

Written by Customer Service on February 27, 2025. Posted in Public Companies.

Stellantis Publishes 2024 Annual Report and Files Form 20-F AMSTERDAM, February 27, 2025 – Stellantis N.V. announced today that it published its 2024 Annual Report and filed its 2024 Form 20-F with the United States Securities and Exchange Commission. Stellantis’ Annual Report and Form 20-F are available under the Investors section of the Stellantis corporate website at www.stellantis.com, where they can be viewed and downloaded1. Shareholders may request a hard copy of these materials, free of charge, through the contact below. ### About Stellantis Stellantis N.V. (NYSE: STLA / Euronext Milan: STLAM / Euronext Paris: STLAP) is one of the world’s leading automakers aiming to provide clean, safe and affordable freedom of mobility to all. It’s best known for its unique portfolio of iconic and innovative brands including Abarth, Alfa Romeo,...

Month: February 2025

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