Bookkeeping

P&F INDUSTRIES INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of P&F Industries, Inc. - PFIN

Retrieved on: 
Tuesday, October 17, 2023
Class Action Lawsuit, Professional Services, Legal, KSF, Sale, Bookkeeping

and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of P&F Industries, Inc. (NasdaqGM: PFIN) to ShoreView Industries.

Key Points: 
  • and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of P&F Industries, Inc. (NasdaqGM: PFIN) to ShoreView Industries.
  • Under the terms of the proposed transaction, shareholders of P&F will receive $13.00 in cash for each share of P&F that they own.
  • KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
  • To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com .

Avalara Expands Partnership with Oracle NetSuite to Deliver Integrated E-Invoicing Solution

Retrieved on: 
Tuesday, October 17, 2023
NetSuite, Government, Organization, QR, Oracle, SVP, API, Business development, Bookkeeping, Online shopping

LAS VEGAS, Oct. 17, 2023 /PRNewswire/ -- SuiteWorld -- Avalara, Inc., a leading provider of cloud-based tax compliance automation for organizations of all sizes, today announced that it is partnering with Oracle NetSuite to help customers to streamline invoicing even more within NetSuite. NetSuite Electronic Invoicing, which is powered by Avalara, will allow organizations to increase efficiency, reduce costs, and address compliance with global e-invoicing mandates.

Key Points: 
  • NetSuite Electronic Invoicing, which is powered by Avalara, will allow organizations to increase efficiency, reduce costs, and address compliance with global e-invoicing mandates.
  • More than 60 countries worldwide have announced or already have mandates for e-invoicing, a number that could more than double by 2030.
  • NetSuite will connect to Avalara's global API to fulfill e-invoicing mandates, including digital signatures, QR codes, and tax authority clearance and approvals.
  • Organizations can connect to national and international networks, like Peppol, as well as government e-invoicing platforms directly from within NetSuite.

Accountix Expands Beyond Santa Barbara Headquarters to Camarillo and Ventura County

Retrieved on: 
Tuesday, October 17, 2023
Online, CMA, Restaurant, Small business, Conservative Science & Technology Forum, Growth, CALM, CFO, QuickBooks, Bookkeeping, Management

SANTA BARBARA, Calif., Oct. 17, 2023 /PRNewswire-PRWeb/ -- Accountix, a leading bookkeeping and client accounting services company headquartered in Santa Barbara, California is thrilled to announce its expansion into Camarillo, California and Ventura County. This strategic move aligns with Accountix's commitment to providing innovative outsourced accounting solutions to a wider clientele.

Key Points: 
  • SANTA BARBARA, Calif., Oct. 17, 2023 /PRNewswire-PRWeb/ -- Accountix , a leading bookkeeping and client accounting services company headquartered in Santa Barbara, California is thrilled to announce its expansion into Camarillo, California and Ventura County.
  • Accountix offers a comprehensive range of accounting, advisory, and financial services, including bookkeeping, payroll, accounts payable / bill pay, invoicing, and outsourced CFO services .
  • The expansion to Camarillo and Ventura County will be spearheaded by Accountix's, Leah Timmons .
  • Accountix intends to become deeply involved in the local business community just as it is in Santa Barbara.

Accountix Expands Beyond Santa Barbara Headquarters to Camarillo and Ventura County

Retrieved on: 
Tuesday, October 17, 2023
Online, CMA, Restaurant, Small business, Conservative Science & Technology Forum, Growth, CALM, CFO, QuickBooks, Bookkeeping, Management

SANTA BARBARA, Calif., Oct. 17, 2023 /PRNewswire-PRWeb/ -- Accountix, a leading bookkeeping and client accounting services company headquartered in Santa Barbara, California is thrilled to announce its expansion into Camarillo, California and Ventura County. This strategic move aligns with Accountix's commitment to providing innovative outsourced accounting solutions to a wider clientele.

Key Points: 
  • SANTA BARBARA, Calif., Oct. 17, 2023 /PRNewswire-PRWeb/ -- Accountix , a leading bookkeeping and client accounting services company headquartered in Santa Barbara, California is thrilled to announce its expansion into Camarillo, California and Ventura County.
  • Accountix offers a comprehensive range of accounting, advisory, and financial services, including bookkeeping, payroll, accounts payable / bill pay, invoicing, and outsourced CFO services .
  • The expansion to Camarillo and Ventura County will be spearheaded by Accountix's, Leah Timmons .
  • Accountix intends to become deeply involved in the local business community just as it is in Santa Barbara.

Tata Elxsi delivers healthy growth in Q2 FY'24 with revenue from operations growing at 3.7% QoQ and 15.5% YoY, and EBITDA margin at 29.9%

Retrieved on: 
Tuesday, October 17, 2023
BSE, Automotive industry, Health care, Profit (accounting), Per stirpes, Net income, Communication, Quarter, SDV, EPS, Traction, Yoy, Transport, RS, EBITDA, Original equipment manufacturer, NSE, Growth, Industrial design, PAT, PBT, Airline, Bookkeeping, Video game

BANGALORE, India, Oct. 17, 2023 /PRNewswire/ -- Tata Elxsi (BSE: 500408) (NSE: TATAELXSI), amongst the world's leading providers of design led technology services, announced its second quarter results for the period ending 30th September 2023.

Key Points: 
  • 881.7 Cr of operating revenue, a growth of 15.5% over the same quarter of previous year (YoY).
  • Transportation growth at 7.1% QoQ, 26.1% YoY, aided by large deals and strong traction in Software Defined Vehicle (SDV) engagements.
  • Our EBITDA has grown 4.8% QoQ and 16.3% YoY and our EBITDA margin has improved by 31 bps to 29.9%.
  • Our Transportation business, which accounts for 46.2% of the revenue coming from three verticals, witnessed strong growth of 7.1% QoQ and 26.1% YoY.

Staffing 360 Solutions Reports First Quarter 2023 Financial Results

Retrieved on: 
Monday, October 16, 2023
Flood, Acquisition, United Kingdom, EBITDA, Bank statement, Table, Growth, Operating cost, GAAP, Security (finance), Video game, Reinsurance, Bookkeeping, NEW YORK

NEW YORK, Oct. 16, 2023 (GLOBE NEWSWIRE) -- Staffing 360 Solutions, Inc. (Nasdaq: STAF) (“Staffing 360 Solutions” or the “Company”), a company executing an international buy-integrate-build strategy through the acquisition of staffing organizations in the United States and the United Kingdom, today reported its first quarter 2023 financial results for the period ended April 1, 2023. The Company also believes that it is on track to file its outstanding first quarter Form 10-Q with the Securities and Exchange Commission this week and plans to file its second quarter Form 10-Q in the coming weeks.

Key Points: 
  • -- Revenue Growth Driven by Gains in U.S. Professional Staffing Business Stream --
    -- On Track to Resolve Outstanding First Quarter Form 10-Q Filing:
    NEW YORK, Oct. 16, 2023 (GLOBE NEWSWIRE) -- Staffing 360 Solutions, Inc. ( Nasdaq: STAF ) (“Staffing 360 Solutions” or the “Company”), a company executing an international buy-integrate-build strategy through the acquisition of staffing organizations in the United States and the United Kingdom, today reported its first quarter 2023 financial results for the period ended April 1, 2023.
  • Operating loss was approximately $1.4 million, compared with an operating loss of approximately $1.1 million for the prior year period.
  • Non-GAAP financial measures are meant to supplement, and be viewed in conjunction with, GAAP financial results.
  • Our primary focus is on providing meaningful staffing solutions to our clients, while driving future growth and shareholder value,” concluded Flood.

American Hotel Income Properties REIT LP Announces October 2023 U.S. Dollar Cash Distribution

Retrieved on: 
Friday, October 13, 2023
Partnership, TSX, AHIP, Bookkeeping

VANCOUVER, British Columbia, Oct. 13, 2023 (GLOBE NEWSWIRE) -- American Hotel Income Properties REIT LP (“AHIP”) (TSX: HOT.UN, HOT.U, and HOT.DB.V) announces a U.S. dollar cash distribution of $0.015 per limited partnership unit (“Unit”) for October 2023, which is equivalent to U.S. dollar $0.18 per Unit on an annualized basis.

Key Points: 
  • VANCOUVER, British Columbia, Oct. 13, 2023 (GLOBE NEWSWIRE) -- American Hotel Income Properties REIT LP (“AHIP”) (TSX: HOT.UN, HOT.U, and HOT.DB.V) announces a U.S. dollar cash distribution of $0.015 per limited partnership unit (“Unit”) for October 2023, which is equivalent to U.S. dollar $0.18 per Unit on an annualized basis.
  • The distribution will be paid on November 15, 2023 to unitholders of record at the close of business on October 31, 2023.
  • AHIP intends to pay cash distributions on or about the 15th day of each month to the unitholders of record on the last business day of the preceding month.

Post Holdings to Acquire Perfection Pet Foods

Retrieved on: 
Tuesday, October 10, 2023
Public expenditure, NYSE, Forecasting, Acquisition, Calendar, Depreciation, EBITDA, Post Holdings, Adjustment, Uncertainty, Nature, GAAP, Security (finance), Post, Bookkeeping, Risk management, Perfection

ST. LOUIS, Oct. 10, 2023 (GLOBE NEWSWIRE) -- Post Holdings, Inc. (NYSE: Post) (“Post”), a consumer packaged goods holding company, announced today it has agreed to acquire the assets of Perfection Pet Foods, LLC (“Perfection”) for $235 million.

Key Points: 
  • ST. LOUIS, Oct. 10, 2023 (GLOBE NEWSWIRE) -- Post Holdings, Inc. (NYSE: Post) (“Post”), a consumer packaged goods holding company, announced today it has agreed to acquire the assets of Perfection Pet Foods, LLC (“Perfection”) for $235 million.
  • Perfection is a leading manufacturer and packager of private label and co-manufactured pet food and baked treat products.
  • Upon closing of the acquisition, the financial results of Perfection are expected to be reported in the Post Consumer Brands segment.
  • In this release, Post discloses its expectations as to the expected Adjusted EBITDA contribution from Perfection.

Capital Power announces agreement to acquire 50.15% interest in Frederickson 1 Generating Station

Retrieved on: 
Tuesday, October 10, 2023
Capital, Northwest Pipeline, Perception, TSX, Acquisition, Indigenous peoples, Accretion expense, Morgan Stanley, A-11, Depreciation, Atlantic Power Corporation, CPX, PPA, EBITDA, Capital Power Corporation, Facility, Bonneville Power Administration, Puget Sound Energy, Electricity, WECC, Legislation, Western Electricity Coordinating Council, CAD, Growth, SVP, Maintenance, PSE, Policy, Annual report, GE, Pacific Northwest, News, AP, Hand, Puget Sound region, Risk management, GAAP, Bank, Renewable energy, Bookkeeping

EDMONTON, Alberta, Oct. 10, 2023 (GLOBE NEWSWIRE) -- Capital Power Corporation (“Capital Power” or “the Company”) (TSX: CPX) announced today that it has executed an agreement to acquire a 50.15% ownership interest in the Frederickson 1 Generating Station (“Frederickson 1” or “the Facility”) from Atlantic Power & Utilities (“AP&U”) for US$100 million (CAD$137 million).

Key Points: 
  • EDMONTON, Alberta, Oct. 10, 2023 (GLOBE NEWSWIRE) -- Capital Power Corporation (“Capital Power” or “the Company”) (TSX: CPX) announced today that it has executed an agreement to acquire a 50.15% ownership interest in the Frederickson 1 Generating Station (“Frederickson 1” or “the Facility”) from Atlantic Power & Utilities (“AP&U”) for US$100 million (CAD$137 million).
  • Capital Power will finance the transaction using cash on hand and its credit facilities.
  • Frederickson 1 is a 265 MW natural gas-fired combined-cycle generating facility in Pierce County, Washington.
  • “We are pleased to acquire this high-quality facility in the Pacific Northwest,” said Avik Dey, President and CEO of Capital Power.