OMNI-LITE INDUSTRIES ANNOUNCES RESULTS OF ANNUAL GENERAL MEETING

Written by Customer Service on October 3, 2023. Posted in Public Companies.

LOS ANGELES, CALIFORNIA, Oct. 03, 2023 (GLOBE NEWSWIRE) — Omni-Lite Industries Canada, Inc. (the “Company” or “Omni-Lite”; TSXV: OML), a designer and manufacturer of precision high performance components for aerospace & defense, transportation, and communication applications is pleased to announce the results of its Annual General Meeting of shareholders (“Shareholders”) held on October 3, 2023 (the “Meeting”). Shareholders elected all five management nominees to the board of directors of the Company for the ensuing year. As such, the Omni-Lite board of directors remains comprised of David Robbins, Charles Samkoff, Roger Dent, Patrick Hutchins and Jan Holland. Shareholders also voted in favor of resolutions re-appointing the auditors of the Company and re-approving the option plan of the Company for the ensuing...

StoneCo Announces Repurchase Program

Written by Customer Service on October 3, 2023. Posted in Public Companies.

GEORGETOWN, Grand Cayman, Oct. 03, 2023 (GLOBE NEWSWIRE) — StoneCo Ltd. (Nasdaq: STNE; B3: STOC31) (“Stone” or the “Company”) announced that its Board of Directors, pursuant to written resolutions dated September 21, 2023, has authorized a share repurchase program, under which Stone may repurchase up to R$ 300 million in outstanding Class A common shares. The repurchase program goes into effect as of the date of the Board Resolution. The share repurchases may be made from time to time through open market transactions, block trades, privately negotiated transactions or otherwise and are subject to market and business conditions, levels of available liquidity, cash requirements for other purposes, regulatory, and other relevant factors. About StoneCo StoneCo is a leading provider of financial technology and software solutions that...

Coherent Wins ECOC 2023 Award for Most Innovative Product With 200G PAM4 Mach-Zehnder Modulated Semiconductor Laser

Written by Customer Service on October 3, 2023. Posted in Public Companies.

PITTSBURGH, Oct. 03, 2023 (GLOBE NEWSWIRE) — Coherent Corp. (NYSE: COHR), a leader in optical communications components and subsystems, today announced that its 200G four-level pulse amplitude modulation (PAM4) distributed-feedback laser and Mach-Zehnder modulator (DFB-MZ), combined monolithically in a photonic integrated circuit (PIC), has won the 2023 ECOC Exhibition Industry Award for Most Innovative Product in the category of Innovative Photonics Component. This PIC enables 200G per lane in both retimed and linear pluggable 800G and 1.6T transceivers. The 200G PAM4 DFB-MZ was first demonstrated at OFC 2023 in March. Coherent is again showing a live demonstration of the 200G PAM4 DFB-MZ at ECOC 2023, this week in Glasgow, Scotland, Stand #406. This live demonstration showcases the DFB-MZ that transmits a 200G PAM4 signal over...

Interfor to Announce Third Quarter Results on November 2, 2023

Written by Customer Service on October 3, 2023. Posted in Public Companies.

Analyst Conference Call – 8:00 a.m. Pacific, Friday, November 3, 2023 BURNABY, British Columbia, Oct. 03, 2023 (GLOBE NEWSWIRE) — INTERFOR CORPORATION (“Interfor” or the “Company”) (TSX: IFP) will release its third quarter financial results on November 2, 2023. Information related to Interfor’s third quarter financial results will be available at www.interfor.com/investors. The analyst conference call is scheduled for 8:00 a.m. Pacific on Friday, November 3, 2023. It will feature a brief summary of financial results by Interfor management followed by a question and answer period with analysts. The dial-in phone number is: 1-888-396-8049 The conference call will also be recorded for those unable to join the live discussion. The number to call to listen to the recording is 1-877-674-7070, Passcode 026550# and it will be available...

Hersha Hospitality Trust Announces Date of Special Meeting to Approve Acquisition by KSL Capital Partners

Written by Customer Service on October 3, 2023. Posted in Mergers And Acquisitions.

PHILADELPHIA, Oct. 03, 2023 (GLOBE NEWSWIRE) — Hersha Hospitality Trust (NYSE: HT) (“Hersha” or the “Company”), owner of luxury and lifestyle hotels in coastal gateway and resort markets, announced that it has set November 8, 2023 as the date for the special meeting of shareholders (the “Special Meeting”) to approve the previously announced acquisition by affiliates of KSL Capital Partners, LLC (“KSL”), a leading investor in travel and leisure businesses. The Special Meeting will be held virtually at 9:00am ET at https://web.lumiagm.com/212424894. The record date for the Special Meeting has been set as October 2, 2023. Holders of Hersha’s common shares at the close of business on the record date are entitled to vote at the Special Meeting. Subject to shareholder approval at the Special Meeting, Hersha anticipates that...

Carriage Services Confirms Continuation of Review of Strategic Alternatives

Written by Customer Service on October 3, 2023. Posted in Public Companies.

HOUSTON, Oct. 03, 2023 (GLOBE NEWSWIRE) — Carriage Services, Inc. (NYSE: CSV) (“Carriage” or the “Company”) today confirmed that, as noted in its press release issued on June 29th, Carriage’s Board of Directors continues its process to review strategic alternatives to maximize shareholder value. The Company does not intend to comment further unless and until there is an actionable matter that requires announcement. Carriage Services is a leading provider of funeral and cemetery services and merchandise in the United States. Carriage operates 171 funeral homes in 26 states and 32 cemeteries in 11 states. INVESTOR RELATIONS CONTACTFor any investor relations questions, please email InvestorRelations@carriageservices.com. CAUTIONARY STATEMENT ON FORWARD-LOOKING STATEMENTSThis news release contains certain forward-looking statements...

APA Corporation Reduces Methane Emissions by Converting More Than 2,000 Pneumatic Devices in the U.S. to Lower Emitting Technologies

Written by Customer Service on October 3, 2023. Posted in Public Companies.

HOUSTON, Oct. 03, 2023 (GLOBE NEWSWIRE) — APA Corporation (Nasdaq: APA) today announced the achievement of an environmental, social and governance (ESG) goal to convert more than 2,000 pneumatic devices to instrument air or through-valve retrofit in its U.S. operations. The goal was reached three months ahead of schedule, and results in an estimated annualized methane reduction of 1,000 tonnes or 25,000 tonnes of carbon dioxide equivalents. “Our commitment to ESG is not merely a promise; it’s reflected in our actions towards continuous improvement,” said John J. Christmann IV, APA’s CEO and president. “By setting intentionally challenging goals that are linked to compensation and integrating fit-for-purpose solutions, we are forging a path that harmonizes energy production with environmental stewardship. We are committed...

NOVAGOLD Reports Third Quarter 2023 Financial Results

Written by Customer Service on October 3, 2023. Posted in Earnings Releases And Operating Results.

Successful Completion of 2023 Field Program, Positioning theDonlin Gold Project for the Next Phase of Development Increased Cash and Term Deposits to $130 Million With the Receipt of $25 Million The 2023 field program at the Donlin Gold project was completed safely and successfully on schedule in July, with 63% of its direct hires originating from the Yukon-Kuskokwim (“Y-K”) region. Our ongoing focus at Donlin Gold is on finalizing the geologic and resource models using data obtained from the extensive drill programs, as well as the recently completed fieldwork at the project site to advance the Alaska Dam Safety certification applications. On September 21, 2023, both Barrick Gold Corporation (“Barrick”) and NOVAGOLD (collectively referred to as the “Owners”) attended a workshop in Alaska to review the substantial amount of work completed...

Wabash Schedules Third Quarter 2023 Earnings Conference Call

Written by Customer Service on October 3, 2023. Posted in Public Companies.

LAFAYETTE, Ind., Oct. 03, 2023 (GLOBE NEWSWIRE) — Wabash (NYSE: WNC) today announced that it will webcast its quarterly earnings conference call to review and discuss its financial results for the third quarter 2023 on Wednesday, October 25, 2023 beginning at 12:00 p.m. ET. The call and an accompanying slide presentation will be accessible on the “Investors” section of Wabash’s website, www.onewabash.com, under “Events & Presentations.” The conference call will be accessible by dialing (888) 440-6928, conference ID 6579482. A replay of the call will be available shortly after the conclusion of the presentation and will remain available for one year following the date of the call. Access to the replay will be available on the “Investors” section of Wabash’s website under “Events &...

MKS Instruments Completes Repricing of Secured Term Loan B

Written by Customer Service on October 3, 2023. Posted in Public Companies.

ANDOVER, Mass., Oct. 03, 2023 (GLOBE NEWSWIRE) — MKS Instruments, Inc. (NASDAQ: MKSI), a global provider of enabling technologies that transform our world, announced today that it successfully completed the repricing of its existing $3.6 billion secured tranche B term loan. The lenders have agreed to an amendment that results in a reduction of the interest rate for the tranche B term loans from SOFR plus a credit spread adjustment plus 275 basis points to SOFR plus 250 basis points. The repricing eliminated the credit spread adjustment applicable to SOFR borrowings of the tranche B term loans which previously added 10 basis points, 15 basis points, and 25 basis points to one-month, three-month and six-month interest periods, respectively. Based on the current interest rate, the annualized non-GAAP interest expense savings from...

Author: Customer Service

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