Renting

Martinrea International Inc. to Present at the 23rd Annual Scotiabank Transportation & Industrials Conference

Retrieved on: 
Thursday, November 9, 2023

TORONTO, Nov. 09, 2023 (GLOBE NEWSWIRE) -- Martinrea International Inc. (TSX : MRE) a diversified and global automotive supplier engaged in the design, development and manufacturing of highly engineered, value-added Lightweight Structures and Propulsion Systems, today announced Pat D’Eramo, Chief Executive Officer and Fred Di Tosto, Chief Financial Officer, will present at the 23rd Annual Scotiabank Transportation & Industrials Conference on Tuesday, November 14, 2023 (schedules are subject to change without further notice).

Key Points: 
  • TORONTO, Nov. 09, 2023 (GLOBE NEWSWIRE) -- Martinrea International Inc. (TSX : MRE) a diversified and global automotive supplier engaged in the design, development and manufacturing of highly engineered, value-added Lightweight Structures and Propulsion Systems, today announced Pat D’Eramo, Chief Executive Officer and Fred Di Tosto, Chief Financial Officer, will present at the 23rd Annual Scotiabank Transportation & Industrials Conference on Tuesday, November 14, 2023 (schedules are subject to change without further notice).
  • Messrs. D’Eramo and Di Tosto will be speaking on the Company’s general business and strategy as outlined in the Company’s investor presentation posted on www.martinrea.com and in the Company’s most recent Annual Information Form, and other public documents, available on www.sedarplus.ca .

United Rentals Announces New Estimated Emissions Digital Dashboard

Retrieved on: 
Thursday, December 14, 2023

United Rentals, Inc. (NYSE: URI), the world's largest equipment rental company, today announced the Estimated Emissions dashboard, a groundbreaking digital tool that enables users to view rental equipment and jobsites through the lens of current and historical estimated carbon emissions.

Key Points: 
  • United Rentals, Inc. (NYSE: URI), the world's largest equipment rental company, today announced the Estimated Emissions dashboard, a groundbreaking digital tool that enables users to view rental equipment and jobsites through the lens of current and historical estimated carbon emissions.
  • The Estimated Emissions dashboard helps customers understand their equipment emissions and make data-based decisions to enact changes that will yield the most significant results.
  • This includes total estimated emissions of all rental equipment, the highest estimated emissions in a single month, and the cat class with the highest total estimated emissions.
  • The Estimated Emissions dashboard is part of the suite of United Rentals’ sustainability offerings, which includes digital tools, power generation alternatives, battery energy storage systems, micro grids and electric or hybrid equipment.

Arizona Sonoran and Nuton LLC Announce Option to Joint Venture on Cactus Project in Arizona

Retrieved on: 
Thursday, December 14, 2023

Arizona Sonoran Copper Company Inc. (TSX:ASCU | OTCQX:ASCUF) (“ASCU” or the “Company”) is pleased to announce today that it has entered into an option to joint venture agreement with Nuton LLC (“Nuton”), a wholly-owned subsidiary of Rio Tinto, to establish a strategic alliance for deployment of the Nuton technologies at its Cactus Mine and the Parks/Salyer Project (collectively, the “Cactus Project”), in Arizona, USA.

Key Points: 
  • Arizona Sonoran Copper Company Inc. (TSX:ASCU | OTCQX:ASCUF) (“ASCU” or the “Company”) is pleased to announce today that it has entered into an option to joint venture agreement with Nuton LLC (“Nuton”), a wholly-owned subsidiary of Rio Tinto, to establish a strategic alliance for deployment of the Nuton technologies at its Cactus Mine and the Parks/Salyer Project (collectively, the “Cactus Project”), in Arizona, USA.
  • Nuton has indicated the potential to significantly increase copper cathode output from our current 45-50 ktpa target which could materially enhance project economics.
  • In the event that Nuton exercises the Option, the parties will either form a Delaware limited liability company or deem Cactus to be the joint venture company for the Cactus Project (the “Joint Venture Corporation”).
  • Rothschild acted as financial advisor, and Torys LLP and Dorsey & Whitney LLP acted as legal advisors, to Nuton.

American Freight Unveils New Store Format Offering Upgraded Shopping Experience

Retrieved on: 
Friday, December 15, 2023

American Freight , a leading national retailer offering customers affordable, high-quality furniture, mattresses and appliances, today unveiled its new store layout offering customers an upgraded shopping experience.

Key Points: 
  • American Freight , a leading national retailer offering customers affordable, high-quality furniture, mattresses and appliances, today unveiled its new store layout offering customers an upgraded shopping experience.
  • The upgraded store experience offers a fresh brand look-and-feel, enhanced product storytelling, interactive retail technology and expert customer service designed to make shopping for home furnishings simple, convenient and hassle-free.
  • American Freight plans to pilot the new format in additional stores in the first quarter of 2024 before rolling it out nationwide beginning in the third quarter.
  • Located at 9180 Wadsworth Parkway in Westminster, the new 23,000-square-foot American Freight showroom will hold a Grand Opening celebration December 15–17.

KNOT Offshore Partners LP Earnings Release—Interim Results for the Period Ended September 30, 2023

Retrieved on: 
Wednesday, December 13, 2023

For the three months ended September 30, 2023 (“Q3 2023”), KNOT Offshore Partners LP (“KNOT Offshore Partners” or the “Partnership”):

Key Points: 
  • For the three months ended September 30, 2023 (“Q3 2023”), KNOT Offshore Partners LP (“KNOT Offshore Partners” or the “Partnership”):
    Generated total revenues of $72.7 million, operating income of $20.6 million and net income of $12.6 million.
  • Vessel operating expenses for Q3 2023 were $23.2 million, a decrease of $2.1 million from $25.3 million in Q2 2023.
  • Depreciation was $27.5 million for Q3 2023, a decrease of $0.6 million from $28.1 million in Q2 2023.
  • Interest expense for Q3 2023 was $18.5 million, an increase of $0.4 million from $18.1 million for Q2 2023.

Small Business Hiring Experiences Flat Reading in November

Retrieved on: 
Tuesday, December 12, 2023

The CBIZ Small Business Employment Index (“SBEI”) reported a seasonally adjusted increase of 0.15% in November after experiencing two consecutive months of declines in hiring.

Key Points: 
  • The CBIZ Small Business Employment Index (“SBEI”) reported a seasonally adjusted increase of 0.15% in November after experiencing two consecutive months of declines in hiring.
  • The CBIZ SBEI tracks payroll and hiring trends for over 3,100 companies that have 300 or fewer employees, providing broad insight into small business trends.
  • Meanwhile, the ADP employment report indicated hiring growth among small, medium and large-sized companies.
  • Geographical hiring: The West (1.72%) reported a hiring increase, while the Central (0.05%) and Southeast (-0.07%) regions both showed a flat reading.

United Rentals Introduces New Access Management Functionality & Enhanced Rental Experience via Mobile App

Retrieved on: 
Friday, December 8, 2023

United Rentals, Inc. (NYSE: URI), the world's largest equipment rental company, today introduced new equipment access management capabilities and an enhanced rental experience within the United Rentals Mobile App™ .

Key Points: 
  • United Rentals, Inc. (NYSE: URI), the world's largest equipment rental company, today introduced new equipment access management capabilities and an enhanced rental experience within the United Rentals Mobile App™ .
  • The new capabilities add to the United Rentals ecosystem of digital tools that enable users to complete equipment and rental tasks from a mobile device anywhere, anytime.
  • Permissioned users can view equipment access PIN codes within the mobile app to better ensure equipment productivity and safety.
  • “The new access management functionality and improved rental experience deliver on safety and productivity capabilities that our customers have requested,” said Tony Leopold, Senior Vice President of Strategy & Digital, United Rentals.

Zuora Reports Third Quarter Fiscal 2024 Results

Retrieved on: 
Wednesday, November 29, 2023

(2) Non-GAAP net income per share was computed assuming 144.2 million and 140.1 million weighted-average shares outstanding for the fourth quarter and full fiscal year 2024, respectively.

Key Points: 
  • (2) Non-GAAP net income per share was computed assuming 144.2 million and 140.1 million weighted-average shares outstanding for the fourth quarter and full fiscal year 2024, respectively.
  • Refer to the “Forward-Looking Statements” safe harbor section below for information on the factors that could cause our actual results to differ materially from these forward-looking statements.
  • We believe these non-GAAP measures provide investors consistency and comparability with our past financial performance and facilitate period-to-period comparisons of our operating results.
  • We believe that excluding these non-cash expenses allows investors to make more meaningful comparisons between our operating results and those of other companies.

United Rentals Recognized for Achievements in Veteran Hiring and Career Development

Retrieved on: 
Tuesday, November 14, 2023

United Rentals has a long-standing commitment to supporting veterans in their transition into the workforce.

Key Points: 
  • United Rentals has a long-standing commitment to supporting veterans in their transition into the workforce.
  • A significant portion of the United Rentals team has a military background and the company remains focused on hiring, retaining and advancing the careers of veterans.
  • Companies are assessed on various criteria such as veteran hiring, retention and career advancement.
  • To learn about placement, transition and career development opportunities at United Rentals for active duty members, veterans, reservists and family members, go to the United Rentals Careers military webpage .

Mobile Infrastructure Reports Third Quarter 2023 Financial Results

Retrieved on: 
Monday, November 13, 2023

Mobile Infrastructure Corporation (NYSE American: BEEP) (“Mobile” or the “Company”), a company focusing on acquiring, owning and leasing parking facilities and related infrastructure, including parking lots, parking garages and other parking structures throughout the United States, today reported results for the third quarter ended September 30, 2023.

Key Points: 
  • Mobile Infrastructure Corporation (NYSE American: BEEP) (“Mobile” or the “Company”), a company focusing on acquiring, owning and leasing parking facilities and related infrastructure, including parking lots, parking garages and other parking structures throughout the United States, today reported results for the third quarter ended September 30, 2023.
  • Additionally, third quarter results were impacted by substantial non-cash charges that are not expected to recur in future periods.
  • Excluding these charges, the Company would have reported results that were comparable to last year’s third quarter.
  • Total revenue of $8.1 million during the third quarter of 2023 declined by 3.5% from $8.4 million in the prior year quarter.