Full Year Production Guidance Increased; Strong Operational Execution and Debt Reduction Continue

Highlights:

Generated net earnings of $507 million, cash from operating activities of $1,022 million, Non-GAAP Cash Flow of $978 million and Non-GAAP Free Cash Flow of $440 million after capital expenditures of $538 millionThird quarter production was above the high-end of the guidance range on every product with average total production volumes of 593 thousand barrels of oil equivalent per day ("MBOE/d"), including 212 thousand barrels per day ("Mbbls/d") of oil and condensate, 93 Mbbls/d of other NGLs (C2 to C4) and 1,725 million cubic feet per day ("MMcf/d") of natural gasReturned $240 million to shareholders through the combination of base dividend payments and share buybacksReduced total debt by $210 million to $5.88 billion, Non-GAAP Debt to Adjusted EBITDA of 1.2 timesRaised full year production guidance range to 583 MBOE/d to 587 MBOE/d, including oil and condensate of 209 Mbbls/d to 211 Mbbls/d and natural gas of 1,700 MMcf/d to 1,715 MMcf/dFull year capital guidance range narrowed to $2.275 billion to $2.325 billion, midpoint unchanged at $2.3 billion

Designated News Release THIRD QUARTER FINANCIAL RESULTS

VANCOUVER, BC, Nov. 7, 2024 /PRNewswire/ - "Wheaton achieved record cash flow from operations in the third quarter of 2024, underscoring the effectiveness of our business model in leveraging rising commodity prices, with our cash operating margins increasing by over 30% relative to the third quarter of 2023. Our portfolio of operating assets delivered solid production levels, continuing to support our annual production guidance range for 2024 of 550,000 to 620,000 gold equivalent ounces," said Randy Smallwood, President and CEO of Wheaton Precious Metals. "Shortly following the quarter, Wheaton announced two accretive, precious metals streaming agreements, including a new stream on Montage's Koné Project and an amendment to the existing stream on Rio2's Fenix Project. Together, these transactions further diversify our strategic partnerships and the geography of our portfolio. Once ramped-up, the Koné Project is forecast to contribute meaningful near-term production, reinforcing Wheaton's already prominent position as a leader in the sector's growth landscape."

Designated News Release THIRD QUARTER FINANCIAL RESULTS

VANCOUVER, BC, Nov. 7, 2024 /CNW/ - "Wheaton achieved record cash flow from operations in the third quarter of 2024, underscoring the effectiveness of our business model in leveraging rising commodity prices, with our cash operating margins increasing by over 30% relative to the third quarter of 2023. Our portfolio of operating assets delivered solid production levels, continuing to support our annual production guidance range for 2024 of 550,000 to 620,000 gold equivalent ounces," said Randy Smallwood, President and CEO of Wheaton Precious Metals. "Shortly following the quarter, Wheaton announced two accretive, precious metals streaming agreements, including a new stream on Montage's Koné Project and an amendment to the existing stream on Rio2's Fenix Project. Together, these transactions further diversify our strategic partnerships and the geography of our portfolio. Once ramped-up, the Koné Project is forecast to contribute meaningful near-term production, reinforcing Wheaton's already prominent position as a leader in the sector's growth landscape."

VANCOUVER, BC, Nov. 7, 2024 /CNW/ - Wheaton Precious Metals™ Corp. ("Wheaton" or the "Company") is pleased to announce that its Board of Directors has declared its fourth quarterly cash dividend payment for 2024 of US$0.155 per common share. The fourth quarterly cash dividend for 2024 will be paid to holders of record of Wheaton common shares as of the close of business on November 21, 2024, and will be distributed on or about December 6, 2024. The ex-dividend trading date is November 21, 2024.

VANCOUVER, BC, Nov. 7, 2024 /PRNewswire/ - Wheaton Precious Metals™ Corp. ("Wheaton" or the "Company") is pleased to announce that its Board of Directors has declared its fourth quarterly cash dividend payment for 2024 of US$0.155 per common share. The fourth quarterly cash dividend for 2024 will be paid to holders of record of Wheaton common shares as of the close of business on November 21, 2024, and will be distributed on or about December 6, 2024. The ex-dividend trading date is November 21, 2024.

COLUMBUS, Ohio, Nov. 7, 2024 /PRNewswire/ -- Huntington Bancshares Incorporated (Nasdaq: HBAN) announced that its prime rate is decreasing from 8 percent to 7.75 percent, effective November 8, 2024.

Huntington's rate last changed on September 19, 2024, decreasing from 8.5 percent to 8 percent.

About Huntington

Huntington Bancshares Incorporated is a $201 billion asset regional bank holding company headquartered in Columbus, Ohio. Founded in 1866, The Huntington National Bank and its affiliates provide consumers, small and middle‐market businesses, corporations, municipalities, and other organizations with a comprehensive suite of banking, payments, wealth management, and risk management products and services. Huntington operates 975 branches in 12 states, with certain businesses operating in extended geographies. Visit Huntington.com for more information.

Full Year Production Guidance Increased; Strong Operational Execution and Debt Reduction Continue

Highlights:

Generated net earnings of $507 million, cash from operating activities of $1,022 million, Non-GAAP Cash Flow of $978 million and Non-GAAP Free Cash Flow of $440 million after capital expenditures of $538 millionThird quarter production was above the high-end of the guidance range on every product with average total production volumes of 593 thousand barrels of oil equivalent per day ("MBOE/d"), including 212 thousand barrels per day ("Mbbls/d") of oil and condensate, 93 Mbbls/d of other NGLs (C2 to C4) and 1,725 million cubic feet per day ("MMcf/d") of natural gasReturned $240 million to shareholders through the combination of base dividend payments and share buybacksReduced total debt by $210 million to $5.88 billion, Non-GAAP Debt to Adjusted EBITDA of 1.2 timesRaised full year production guidance range to 583 MBOE/d to 587 MBOE/d, including oil and condensate of 209 Mbbls/d to 211 Mbbls/d and natural gas of 1,700 MMcf/d to 1,715 MMcf/dFull year capital guidance range narrowed to $2.275 billion to $2.325 billion, midpoint unchanged at $2.3 billion

LITTLE ROCK, AR and TORONTO, Nov. 7, 2024 /CNW/ - BSR Real Estate Investment Trust ("BSR", or the "REIT") (TSX: HOM.U) (TSX: HOM.UN) today announced its financial results for the three and nine months ended September 30, 2024 ("Q3 2024" and "YTD 2024", respectively). All comparisons are to the corresponding periods in the prior year. Results are presented in U.S. dollars. References to "Same Community" correspond to stabilized properties the REIT has owned for equivalent periods throughout Q3 2024 and YTD 2024 and the three and nine months ended September 30, 2023 ("Q3 2023" and "YTD 2023", respectively). With the exception of the investment property under development, all properties are considered Same Community as of September 30, 2024. Condensed Consolidated Interim Financial Statements and Management's Discussion and Analysis as of and for the three and nine months ended September 30, 2024 are available on the REIT's website at www.bsrreit.com and at www.sedarplus.ca.

NEW YORK, Nov. 7, 2024 /PRNewswire/ --

Why: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Iris Energy Limited (NASDAQ: IREN) between June 20, 2023 and July 11, 2024, both dates inclusive (the "Class Period"), of the important December 6, 2024 lead plaintiff deadline in the securities class action first filed by the Firm.

So what: If you purchased Iris Energy securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

Readers are referred to the disclaimer regarding Forward-Looking Statements, Non-IFRS Financial Measures and Other Financial Measures at the end of this Release.

WINNIPEG, MB, Nov. 7, 2024 /CNW/ - IGM Financial Inc. (IGM or the Company) (TSX: IGM) today announced earnings results for the third quarter of 2024.

IGM HIGHLIGHTS

Net earnings of $239.2 million compared to $209.8 million in the third quarter of 2023. Earnings per share of $1.01 compared to $0.88 in the third quarter of 2023.Adjusted net earnings1 were $244.1 million for the third quarter of 2024 compared to $220.5 million in the third quarter of 2023, an increase of 10.7%. Adjusted earnings per share1 were $1.03 for the third quarter of 2024 compared to $0.92 in the third quarter of 2023.Record high assets under management and advisement of $264.9 billion, up 16.5% from the third quarter of 20232 and up 4.9% from the prior quarter.IGM's assets under management and advisement including strategic investments were $461.6 billion compared with $431.7 billion at June 30, 2024 and $373.8 billion at September 30, 2023.2Net outflows were $272 million compared to net outflows of $709 million in 2023.2Increase in the value of IGM's investment in Wealthsimple Financial Corp. by $384 million ($1.62 per IGM share) in the quarter to $1.2 billion.

CHICAGO, Nov. 7, 2024 /PRNewswire/ -- On September 23, 2024, Danone SA (OTCQX: DANOY) proposed to acquire Lifeway Foods (NASDAQ: LWAY) in a transaction valued at approximately $283 million, offering $25 per share in cash. However, on November 6, the Lifeway Foods Board of Directors rejected the offer, instead adopting a "poison pill" limited shareholder rights plan.

Edward and Ludmila Smolyansky, significant shareholders and members of Lifeway Foods' founding family, released the following statement in response:

Q3 2024 Financial Highlights(as compared to Q3 2023)

AUA1,2 and Revenue

Ending AUA1,2 increased to $39.0 billion, up 12% or $4.3 billion, primarily driven by strong equity markets and recruitingTotal revenue increased 5% to $91.9 million, led by a 7% increase in fee revenue

Profitability and Cash Flow

Net loss from continuing operations was $2.3 million compared to $0.2 millionAdjusted EBITDA1 of $12.5 million down $4.4 million, as revenue growth was offset by higher adjusted operating expensesCash from operating activities was $16.0 million, down 4%Free cash flow available for growth1 declined 44% to $6.2 millionFree cash flow1 was down by $2.3 million to $3.9 million, primarily due to higher advisor recruiting payments

VANCOUVER, BC, Nov. 7, 2024 /CNW/ - Sandstorm Gold Ltd. ("Sandstorm Gold Royalties", "Sandstorm" or the "Company") (NYSE: SAND) (TSX: SSL) has released its financial results for the third quarter ended September 30, 2024 (figures in U.S. dollars unless otherwise indicated).

Financial Highlights

$44.7 million of revenue compared to $41.3 million in Q3 2023;17,359 attributable gold equivalent ounces1 compared to 21,123 ounces in Q3 2023;$37.0 million in cash flows from operating activities, excluding changes in non-cash working capital1, compared to $33.9 million in Q3 2023;Cash operating margins1 of $2,215 per attributable gold equivalent ounce, compared to $1,699 per ounce in Q3 2023, marking the second consecutive quarter of record operating margins; and$5.8 million of net income compared to net income of $0.01 million in Q3 2023.

VANCOUVER, BC, Nov. 7, 2024 /PRNewswire/ - Sandstorm Gold Ltd. ("Sandstorm Gold Royalties", "Sandstorm" or the "Company") (NYSE: SAND) (TSX: SSL) has released its financial results for the third quarter ended September 30, 2024 (figures in U.S. dollars unless otherwise indicated).

Financial Highlights

$44.7 million of revenue compared to $41.3 million in Q3 2023;17,359 attributable gold equivalent ounces1 compared to 21,123 ounces in Q3 2023;$37.0 million in cash flows from operating activities, excluding changes in non-cash working capital1, compared to $33.9 million in Q3 2023;Cash operating margins1 of $2,215 per attributable gold equivalent ounce, compared to $1,699 per ounce in Q3 2023, marking the second consecutive quarter of record operating margins; and$5.8 million of net income compared to net income of $0.01 million in Q3 2023.

NEW YORK, Nov. 7, 2024 /PRNewswire/ -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) today reported 2024 third quarter net income for common stock of $588 million or $1.70 a share compared with $526 million or $1.53 a share in the 2023 third quarter. Adjusted earnings (non-GAAP) were $583 million or $1.68 a share in the 2024 period compared with $561 million or $1.62 a share in the 2023 period. Adjusted earnings and adjusted earnings per share in the 2024 and 2023 periods exclude the effects of hypothetical liquidation at book value (HLBV) accounting for tax equity investments. Adjusted earnings and adjusted earnings per share in the 2024 period exclude accretion of the basis difference of Con Edison's equity investment in Mountain Valley Pipeline, LLC (MVP) and in the 2023 period exclude adjustments to the gain and other impacts related to the sale of all of the stock of Con Edison's former subsidiary, Con Edison Clean Energy Businesses, Inc. (the Clean Energy Businesses) in 2023.  

ATLANTA, Nov. 7, 2024 /PRNewswire/ -- Cousins Properties Incorporated (the "Company") (NYSE: CUZ) today announced that it has commenced an underwritten public offering of 6,000,000 shares of its common stock. 

The Company intends to use the net proceeds of the offering to fund a portion of the purchase price of an office property in Charlotte, North Carolina. If this acquisition is not consummated, the net proceeds will be used for general corporate purposes, including the acquisition and development of office properties, other opportunistic investments and the repayment of debt.

ORRVILLE, Ohio, Nov. 7, 2024 /PRNewswire/ --The J.M. Smucker Co. (NYSE: SJM) today celebrated the opening of its newest manufacturing facility in McCalla, Alabama, which will support production of one of the Company's fastest growing brands, Uncrustables®. Company leadership, including Chair of the Board, President and CEO, Mark Smucker, along with local and state leadership, including Governor Kay Ivey, were in attendance for the grand opening event. The 900,000-square-foot manufacturing facility will increase the Company's current production capacity for its Uncrustables brand to help meet demand for the popular frozen sandwiches.

Company to Host Conference Call on Thursday, November 7, 2024, at 2:30 p.m. PT/5:30 p.m. ET

ALHAMBRA, Calif., Nov. 7, 2024 /PRNewswire/ -- Astrana Health, Inc. ("Astrana," and together with its subsidiaries and affiliated entities, the "Company") (NASDAQ: ASTH), a leading provider-centric, technology-powered healthcare company enabling providers to deliver accessible, high-quality, and high-value care to all, today announced its consolidated financial results for the third quarter ended September 30, 2024.

Board Continues Deflection Tactics to Avoid Accountability

Current Trustees Refuse to Answer Serious Questions, Highlighting Need for New Leadership

DALLAS, Nov. 7, 2024 /PRNewswire/ -- NexPoint Real Estate Opportunities, LLC (together with its affiliates "NexPoint") provided an update on United Development Funding IV ("UDF IV" or the "Company") and the current Board of Trustees election.

In a recent letter, NexPoint alerted fellow shareholders of the Company's persistent use of deflection tactics to evade accountability and shift focus away from its own failings. UDF IV has employed these tactics before. The Board and management blamed external parties for criminal misconduct, disclosure violations, and governance failures that occurred for years at UDF IV under the current Trustees. Those accusations against external parties have since been disproven, revealing a pattern of deception used by the Board and UDF management to obscure their own culpability.

Net income and earnings per share ("EPS")* were $17.5 million and $0.78, respectively, for the third quarter of 2024, and $81.9 million and $3.66, respectively, for the nine months ended September 30, 2024Adjusted net income and Adjusted EPS**, which exclude transaction and transition-related expenses attributable to the acquisition and integration of Florida City Gas ("FCG"), were $18.1 million and $0.80, respectively, for the third quarter of 2024 and $84.2 million and $3.76, respectively, for the nine months ended September 30, 2024Adjusted gross margin** growth of $89.3 million during the first nine months of 2024 driven by contributions from FCG, regulatory initiatives and infrastructure programs, natural gas organic growth, continued pipeline expansion projects, and additional customer consumptionResults continue to track in line with Management's expectations, and the Company continues to affirm 2024 EPS and capital guidance