FCPA

Solventum Reports First Quarter 2024 Financial Results and Capital Allocation Update

Retrieved on: 
Jeudi, mai 9, 2024

Solventum now expects an unfavorable impact from foreign exchange of ~50bps on reported sales for the full year 2024.

Key Points: 
  • Solventum now expects an unfavorable impact from foreign exchange of ~50bps on reported sales for the full year 2024.
  • 3M supply agreement mark-up started on April 1, 2024, and Solventum anticipates impact to the income statement to begin largely in the second half of 2024.
  • Solventum's full-year 2024 guidance is based on Q1 2024 3M carve-out financial information and expected results for the remainder of the year as a stand-alone company, starting April 1, 2024.
  • The Q1 2024 financial statements and financial information, including reconciliations of non-GAAP financial measures and certain prior period reconciliations, are available on Solventum's website: https://investors.solventum.com .

Lingyun Xiang was awarded the King's Leadership Award and was awarded the King Charles III Medal of the United Kingdom

Retrieved on: 
Jeudi, mai 9, 2024

RSSG was founded in 1894 with the aim of promoting "Britishness" and the British way of life.

Key Points: 
  • RSSG was founded in 1894 with the aim of promoting "Britishness" and the British way of life.
  • The Society soon attracted the support of many prominent public figures in Britain.
  • Queen Victoria was the Society's first royal patron, and since then, RSSG has enjoyed the patronage of every reigning monarch.
  • Said Lingyun Xiang, a member of the RSSG and a recipient of the King's Medal of the Order of the United Kingdom.

GoGold Releases Q2 2024 Financial Results and Announces Changes to Board of Directors

Retrieved on: 
Mercredi, mai 8, 2024

The Company is announcing the retirement of George Waye, FCPA, FCA from its Board.

Key Points: 
  • The Company is announcing the retirement of George Waye, FCPA, FCA from its Board.
  • Mr. Waye has provided invaluable expertise and guidance over the 14 years served on the Company's Board, originally joining in June 2010.
  • The Company has appointed Douglas Reid to its Board, effective May 7, 2024.
  • Mr. Reid currently serves on the board of directors of the Halifax Port Authority.

NFI announces first quarter 2024 results

Retrieved on: 
Jeudi, mai 2, 2024

WINNIPEG, Manitoba, May 02, 2024 (GLOBE NEWSWIRE) -- (TSX: NFI, OTC: NFYEF, TSX: NFI.DB) NFI Group Inc. ("NFI" or the "Company"), a leader in zero-emission electric mobility solutions, today announced its unaudited interim condensed consolidated financial results for the first quarter of 2024.

Key Points: 
  • Results noted herein are for the 13-week period ("2024 Q1”) and the 52-week period ("2024 Q1 LTM”) ended March 31, 2024.
  • NFI generated $10 million in cash flows from working capital in the first quarter of 2024, as higher vehicle deliveries lowered finished goods and work-in-process (“WIP”) inventory.
  • NFI anticipates that nearly all of the remaining legacy inflation-impacted contracts will be delivered during the second quarter of 2024.
  • NFI reiterates its previously provided financial guidance for Fiscal 2024 and targets for 2025 as disclosed on January 17, 2024.

CPABC: Annual housing starts reach new record high in Greater Victoria as rental costs climb

Retrieved on: 
Lundi, avril 22, 2024

“Greater Victoria reached a new record high for the number of housing starts in 2023," said Simon Philp, FCPA, FCMA, Market Vice President at CIBC.

Key Points: 
  • “Greater Victoria reached a new record high for the number of housing starts in 2023," said Simon Philp, FCPA, FCMA, Market Vice President at CIBC.
  • According to the latest inflation data, the cost of rental housing in Victoria increased by 7.5 per cent between March 2023 and March 2024, outpacing the rise in ownership costs (4.6 per cent).
  • CPAs living on Vancouver Island identified housing affordability as the biggest obstacle to business success, followed by attracting and retaining skilled labour and labour compensation costs.
  • “Having an adequate housing supply and taming the high cost of living will help remove some of the barriers to business success.”

CPABC: New housing development sluggish in Nanaimo and Duncan, as major project inventory also falls across Vancouver Island in 2023

Retrieved on: 
Lundi, avril 22, 2024

“New housing construction fell for the second consecutive year," said Woody Hayes, FCPA, FCA.

Key Points: 
  • “New housing construction fell for the second consecutive year," said Woody Hayes, FCPA, FCA.
  • In Nanaimo, the region’s largest population centre, starts fell from 1184 in 2022 to 546 in 2023, marking a 53.9 per cent decline.
  • “Increasing the housing supply is a priority to address affordability challenges, but it can be a slow process,” noted Hayes.
  • “Looking ahead, it will be important for the region to attract further investment to support a growing population.”

CPABC: Housing starts fall across the Thompson-Okanagan in 2023

Retrieved on: 
Lundi, avril 22, 2024

“Increasing the housing supply is critical to making housing more affordable in the region,” said Karen Christiansen, FCPA, FCA.

Key Points: 
  • “Increasing the housing supply is critical to making housing more affordable in the region,” said Karen Christiansen, FCPA, FCA.
  • “The number of starts fell by just over 15 per cent in 2023, after hovering near 4,900 during 2021 and 2022.”
    The 4,133 housing starts in 2023 were down by 15.1 per cent compared to 2022 as new activity fell in both the attached and detached markets.
  • Construction started on 3,049 attached units (-12.1 per cent) during the year, while there were 1,084 detached starts (-22.5 per cent) in 2023.
  • There were 2,970 housing starts in the Kelowna CMA, down 12.2 per cent year-over-year, but still 745 starts above 2019 levels.

CPABC: Southwest B.C. housing starts reach all-time high, investment boosted by major project activity in 2023

Retrieved on: 
Jeudi, avril 18, 2024

“Our members living in the Lower Mainland have consistently reported that housing prices are the biggest challenge facing B.C.

Key Points: 
  • “Our members living in the Lower Mainland have consistently reported that housing prices are the biggest challenge facing B.C.
  • “It’s promising to see progress when it comes to increasing the housing supply in the region.”
    In 2023, the number of housing starts was the largest recorded in the history of Southwest B.C.
  • “Investment in the lower mainland, and Vancouver in particular, outperformed the rest of the province in 2023,” continued Mathison.
  • “It’s encouraging, but also not surprising given that the region’s population is growing faster than the provincial average, presenting a greater need for infrastructure investment.”

Metals Acquisition Limited Announces Appointment of Leanne Heywood to the Board of Directors

Retrieved on: 
Mercredi, mai 1, 2024

Metals Acquisition Limited ARBN 671 963 198 (NYSE: MTAL; ASX: MAC), a private limited company incorporated under the laws of Jersey, Channel Islands (“MAC” or the “Company”) is pleased to announce the appointment of Ms. Leanne Heywood as a Non-Executive Director to the Company’s Board of Directors, effective 1 May 2024.

Key Points: 
  • Metals Acquisition Limited ARBN 671 963 198 (NYSE: MTAL; ASX: MAC), a private limited company incorporated under the laws of Jersey, Channel Islands (“MAC” or the “Company”) is pleased to announce the appointment of Ms. Leanne Heywood as a Non-Executive Director to the Company’s Board of Directors, effective 1 May 2024.
  • Ms Heywood received the 2021 Medal of the Order of Australia and was named 2019 NSW Business Women of the Year.
  • Patrice Merrin, Chair of the Board of MAC commented, “We are pleased to welcome Leanne to the Board.
  • Leanne brings profound experience in audit, risk, people and remuneration which will further complement the board.

BC Check-Up: Investment climate shows strength in housing construction, but challenges in economic growth and major projects

Retrieved on: 
Mardi, avril 9, 2024

"Despite these challenges, residential building investment remained strong, particularly in high density units."

Key Points: 
  • "Despite these challenges, residential building investment remained strong, particularly in high density units."
  • Non-residential building investment reached $7.9 billion, up 6.5 per cent from 2022, with a notable increase in investment in institutional and governmental projects, particularly healthcare facilities.
  • However, B.C.’s major project inventory was valued at $373.0 billion in Q3 2023, down 4.2 per cent compared to Q3 2022.
  • Prioritizing a clear strategy towards a balanced budget is essential to maintaining the province’s ability to address future challenges.”