TSX:GWO
WINNIPEG, MB, Nov. 8, 2024 /CNW/ - Great-West Lifeco Inc. ("Lifeco") has been notified of an unsolicited mini-tender offer by Ocehan LLC, made to residents of Canada, to purchase up to 50,000 common shares of Lifeco. The unsolicited offer represents a discount of approximately 19.70% to the closing price of the common shares on the TSX on October 24, 2024, the last trading day before the offer was commenced.
LUNENBURG, NS, Nov. 8, 2024 /CNW/ - High Liner Foods Incorporated (the "Company") (TSX: HLF) today announced that it has increased the size of its Normal Couse Issuer Bid ("NCIB") by filing an amended notice of intention with the Toronto Stock Exchange ("TSX"). The amendment increases the number of common shares of the Company ("Common Shares") the Company intends to purchase for cancellation by 943,340 Common Shares. This reflects an increase from the previously authorized limit of 700,000 Common Shares, to a newly authorized limit of 1,643,340 Common Shares, representing approximately 5% of the Common Shares outstanding as of May 24, 2024, subject to approval by the TSX. The purchases will be made through the facilities of the TSX and/or any alternative Canadian trading systems to the extent they are eligible. The price that the Company will pay for any such Common Shares will be the market price at the time of acquisition. The current NCIB commenced on June 7, 2024, and purchases shall terminate no later than June 6, 2025.
WARREN, Ohio, Nov. 8, 2024 /PRNewswire/ -- Avalon Holdings Corporation (NYSE Amex: AWX) today announced financial results for the third quarter of 2024.
Net operating revenues in the third quarter of 2024 were $24.2 million compared with $24.0 million in the third quarter of 2023. The Company recorded net income attributable to Avalon Holdings Corporation common shareholders of $1.8 million in the third quarter of 2024 compared with net income attributable to Avalon Holdings Corporation common shareholders of $0.9 million in the third quarter of 2023. For the third quarter of 2024, basic net income per share attributable to Avalon Holdings Corporation common shareholders was $0.47 compared with basic net income per share attributable to Avalon Holdings Corporation common shareholders of $0.23 in the third quarter of 2023.
LOS ANGELES, Nov. 8, 2024 /PRNewswire/ -- Glancy Prongay & Murray LLP ("GPM") announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against WM Technology, Inc. ("WM Technology" or the "Company") (NASDAQ: MAPS).
Class Period: May 25, 2021 – September 24, 2024Lead Plaintiff Deadline: December 16, 2024
If you wish to serve as lead plaintiff of the WM Technology lawsuit, you can submit your contact information at www.glancylaw.com/cases/WM-Technology-Inc/. You can also contact Charles H. Linehan, of GPM at 310-201-9150, Toll-Free at 888-773-9224, or via email at shareholders@glancylaw.com to learn more about your rights.
SEATTLE, Nov. 8, 2024 /PRNewswire/ -- Weyerhaeuser Company (NYSE: WY) today announced that its board of directors declared a quarterly base cash dividend of $0.20 per share on the common stock of the company, payable in cash on December 13, 2024, to holders of record of such common stock as of the close of business on November 29, 2024.
Under Weyerhaeuser's cash return framework, the company expects to supplement its quarterly base cash dividend, as appropriate, with an additional return of variable cash to achieve a targeted total return to shareholders of 75 to 80 percent of annual Adjusted Funds Available for Distribution (Adjusted FAD). The company has the flexibility in its capital allocation framework to return this additional cash in the form of a supplemental cash dividend, opportunistic share repurchase, or a combination of the two.
AUSTIN, Minn., Nov. 8, 2024 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, invites interested parties to participate in a webcast and conference call with Jim Snee, chairman of the board, president and chief executive officer; Jacinth Smiley, executive vice president and chief financial officer; John Ghingo, executive vice president, Retail; and Nathan Annis vice president, corporate development; to discuss the Company's fourth quarter financial results, full-year financial results, and transform and modernize initiative. The Company will issue its earnings release before the markets open on Wednesday, December 4, 2024, and will host a conference call at 8 a.m. CT (9 a.m. ET).
Capital Infusion to Further Support Growth Initiatives across California
COSTA MESA, Calif., Nov. 8, 2024 /CNW/ - Gold Flora Corporation, ("Gold Flora" or the "Company") (Cboe Canada: GRAM) (OTCQB: GRAM) today announced the closing of an additional $2 million draw (the "Additional Draw") on its previously announced, $13.15 million Senior Loan Facility (the "Loan Facility") with J.J. Astor & Co. ("JJ Astor" or "Lender"). To date, the Company has closed on a total of $9.15 million from the Loan Facility, with a further two additional $2.0 million draws available.
VANCOUVER, BC, Nov. 8, 2024 /CNW/ - P2 Gold Inc. ("P2" or the "Company") (TSXV: PGLD) and (OTCQB: PGLDF) reports that it has amended its agreements with certain insiders of P2 to settle $572,500 in shareholder loans previously provided for working capital for 5,725,000 shares of the Company (the "Loan Shares") at a deemed price of $0.10/share (the "Loan Settlement"). The Loan Shares to be issued in respect of the Loan Settlement are subject to a hold period of four months expiring on March 8, 2025.
JIANGYIN, China, Nov. 8, 2024 /PRNewswire/ -- Li Bang International Corporation Inc. (Nasdaq: LBGJ) (the "Company" or "Li Bang"), a company engaged in designing, developing, producing, and selling stainless steel commercial kitchen equipment in China, today announced its financial results for the fiscal year ended June 30, 2024.
Mr. Feng Huang, Chief Executive Officer & Chairman of the Board, commented, "Despite a challenging economic environment, fiscal year 2024 was a year of important strategic progress for Li Bang. We focused on expanding our footprint in the high-end hotel kitchen equipment sector and broadened our reach to emerging regions such as Chongqing and Xi'an. Additionally, in October 2024, we successfully completed our initial public offering and achieved a listing on the Nasdaq Capital Market under the ticker symbol 'LBGJ.' This significant milestone enhances our global competitiveness and reinforces our commitment to long-term growth."
BURNABY, BC, Nov. 8, 2024 /CNW/ - Taiga Building Products Ltd. ("Taiga" or the "Company") today reported its financial results for the three and nine months ended September 30, 2024.
Third Quarter Ended September 30, 2024 Earnings Results
Sales for the quarter ended September 30, 2024 were $423.9 million compared to $456.6 million over the same period last year. Sales decreased by $32.7 million or 7% mainly due to a reduction in commodity products sold.
VANCOUVER, BC, Nov. 8, 2024 /CNW/ - Filo Corp. (TSX: FIL) (Nasdaq First North Growth Market: FIL) (OTCQX: FLMMF) ("Filo", or the "Company") announces its results for the three and nine months ended September 30, 2024. PDF Version
Jamie Beck, President & CEO, commented, "We are very happy to have announced the Company's transaction with BHP and Lundin Mining, which delivers compelling value to Filo's shareholders. Our exploration success has been unmatched since the Company was originally spun-out in 2016, and now is the right moment to hand the project off to its next stewards to maximize the potential of this remarkable discovery. We are pleased to have recommenced our drilling program in September through the commendable efforts of our operating team. We now have all nine drilling rigs operating at site."
MORTON GROVE, Ill., Nov. 8, 2024 /PRNewswire/ -- Lifeway Foods, Inc. (Nasdaq: LWAY) ("Lifeway" or "the Company"), a leading U.S. supplier of kefir and fermented probiotic products to support the microbiome, today announced it will report financial results for the third quarter ended September 30, 2024 on November 14, 2024 before market hours.
A pre-recorded conference call and webcast with Julie Smolyanksy, Lifeway's President and Chief Executive Officer, discussing these results with additional comments and details will be made available through the "Investor Relations" section of the Company's website at https://lifewaykefir.com/webinars-reports/ upon dissemination of the third quarter results on November 14, 2024 before market hours.
MONETT, Mo., Nov. 8, 2024 /PRNewswire/ -- Jack Henry & Associates, Inc.® (Nasdaq: JKHY) is pleased to announce that President & CEO Greg Adelson and Chief Financial Officer & Treasurer Mimi Carsley will present at several conferences in the coming weeks.
Adelson will present at the following events:
2024 RBC Capital Markets Global Technology, Internet, Media and Telecommunications Conference – November 20 at 10 a.m. Eastern. A live webcast of the presentation will be accessible at https://kvgo.com/rbc/jack-henry-associates-inc-nov-2024.Stephens Annual Investment Conference – November 21 at 9 a.m. Eastern. A live webcast of the presentation will be accessible at https://wsw.com/webcast/stph35/jkhy/1842330.UBS Global Technology & AI Conference – December 4 at 11:35 a.m. Eastern. A live webcast of the presentation will be accessible at https://cc.webcasts.com/ubsx001/120224a_js/.DALLAS and TORONTO, Nov. 8, 2024 /CNW/ -- NexPoint Hospitality Trust ("NHT"1), (TSX-V: NHT.U) announced the release of NHT's financial results for the nine months ended September 30, 2024. All amounts are expressed in U.S. dollars.
The table below presents net income from continuing operations, Funds from Operations ("FFO") and Adjusted Funds from Operations ("AFFO").
For the Nine Months Ended
September 30, 2024
September 30, 2023
Net income
$ 8.0
$ (11.3)
FFO2
(5.0)
(5.9)
AFFO2
(11.2)
(8.7)
DENVER, Nov. 8, 2024 /PRNewswire/ -- DaVita Inc. (NYSE: DVA) today announced that its chief financial officer, Joel Ackerman, and its group vice president of investor relations, Nic Eliason, will participate in a fireside chat with investors at UBS Global Healthcare Conference 2024 on Tuesday, November 12, 2024 at 12:30 pm PST (3:30 pm EST).
To view the live webcast, visit the UBS page here and create a free registration.
About DaVita Inc.
DaVita (NYSE: DVA) is a health care provider focused on transforming care delivery to improve quality of life for patients globally. As a comprehensive kidney care provider, DaVita has been a leader in clinical quality and innovation for more than 20 years. DaVita cares for patients at every stage and setting along their kidney health journey—from slowing the progression of kidney disease to helping to support transplantation, from acute hospital care to dialysis at home. As of September 30, 2024, DaVita served approximately 265,400 patients at 3,113 outpatient dialysis centers, of which 2,660 centers were located in the United States and 453 centers were located in 13 other countries worldwide. DaVita has reduced hospitalizations, improved mortality, and worked collaboratively to propel the kidney care industry to adopt an equitable and high-quality standard of care for all patients, everywhere. To learn more, visit DaVita.com/About.
SINGAPORE, Nov. 8, 2024 /PRNewswire/ -- X3 Holdings Co., Ltd. (Nasdaq: XTKG) (the "Company" or "XTKG"), a global provider of digital solutions and technology services spanning diverse industries, today announced that all resolutions presented to the shareholders at its annual general meeting which held on November 4, 2024 (the "Annual General Meeting") were duly passed.
The Company will shortly implement and announce the effectiveness of the Share Consolidation, which was passed by the shareholders at the Annual General Meeting. The Share Consolidation is primarily being effectuated to regain compliance with Nasdaq Marketplace Rule 5550(a)(2) related to the minimum price per share of the Company's ordinary shares. Immediately after the Share Consolidation, each shareholder's percentage ownership interest in the Company will remain unchanged, except for minor changes and adjustments that will result from the treatment of fractional shares. The rights and privileges of the holders of ordinary shares will be substantially unaffected by the Share Consolidation. No fractional shares will be issued in connection with the Share Consolidation, in the event that a shareholder would otherwise be entitled to receive a fractional share upon the Share Consolidation, the number of shares to be received by such shareholder will be rounded up to one ordinary share in lieu of the fractional share that would have resulted from the Share Consolidation. Shareholders who are holding their shares in electronic form at brokerage firms do not need to take any action, as the effect of the Share Consolidation will automatically be reflected in their brokerage accounts.
DAN: TSX-V (Canada)JE9N: FSE (Germany)DRRSF: OTCQX (USA)
SAGUENAY, QC, Nov. 8, 2024 /CNW/ - Arianne Phosphate (the "Company" or "Arianne") (TSXV: DAN) (OTCQX: DRRSF) (FRANKFURT: JE9N), a development-stage phosphate mining company, advancing the Lac à Paul project in Quebec's Saguenay-Lac-Saint-Jean region, issued a press release on June 27, 2024 ("Press Release"), announcing positive results from its purified phosphoric acid prefeasibility study (the "PFS") relating to the construction of a purified phosphoric acid ("PPA") plant in the Saguenay region of Quebec (the "PPA complex") to transform igneous-based phosphate concentrate into a battery-grade phosphoric acid for use in the lithium-iron-phosphate battery. Arianne would like to clarify certain information disclosed in the Press Release regarding the study.
HAMPTON, Va., Nov. 8, 2024 /PRNewswire/ -- Cathy W. Liles has been appointed Senior Vice President and Chief Financial Officer of Old Point Financial Corporation (NASDAQ: OPOF) and Executive Vice President and Chief Financial Officer of Old Point National Bank. Cathy has served as Old Point's Interim Chief Financial Officer since July of this year.
"Cathy's experience in the banking industry as well as her broad background in accounting make her a beneficial addition to Old Point's executive team and her appointment reflects our commitment to excellence. She has been invaluable in serving as our interim Chief Financial Officer for the last few months and has the full confidence of our Board of Directors as we move forward with our strategies for growth and efficiency," said Rob Shuford, Jr., Chairman, President, and Chief Executive Officer of Old Point Financial Corporation.
NEW YORK, Nov. 8, 2024 /PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:
EMCORE Corporation (NASDAQ: EMKR)'s sale to Velocity One for $3.10 per share in cash. If you are an EMCORE shareholder, click here to learn more about your legal rights and options.
HERNDON, Va., Nov. 8, 2024 /PRNewswire/ -- ePlus inc. (NASDAQ NGS: PLUS – news) today announced that on November 12, 2024, it will release earnings and host a conference call regarding its financial results for the three and six months ended September 30, 2024. Earnings will be released after the market closes, and management will hold a conference call and audio webcast at 4:30 p.m. ET.
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