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Globus Maritime Limited Reports Financial Results for the Third Quarter and Nine-month period ended September 30, 2023

Retrieved on:

Thursday, November 16, 2023

We are pleased that today it stands at a much healthier level, and we hope the upward trend continues.

Key Points:

We are pleased that today it stands at a much healthier level, and we hope the upward trend continues.
We are confident that the high quality of these vessels will be appreciated by a healthy market and that they will enjoy decent employment.
On August 18, 2023, the Company signed two contracts for the construction and purchase of two fuel efficient bulk carrier of about 64,000 dwt each.
In August 2023, the Company reached an agreement with First Citizens Bank & Trust Company (formerly known as CIT Bank N.A.)

Amplify ETFs and Samsung Asset Management Launch the Amplify Samsung SOFR ETF (SOF)

Retrieved on:

Wednesday, November 15, 2023

ETF, SOF, Samsung Asset Management, Federal Reserve Bank, SOFR, ETF Securities, Investment, Risk, Atlantean Kodex, Partnership, Samsung, LIBOR, Security (finance), Bank

CHICAGO, Nov. 15, 2023 (GLOBE NEWSWIRE) -- Amplify ETFs announces the launch of the Amplify Samsung SOFR ETF (SOF) in partnership with Samsung Asset Management (Samsung AM).

Key Points:

CHICAGO, Nov. 15, 2023 (GLOBE NEWSWIRE) -- Amplify ETFs announces the launch of the Amplify Samsung SOFR ETF (SOF) in partnership with Samsung Asset Management (Samsung AM).
Samsung AM serves as the sub-adviser offering investors access to an institutional management team at an expense ratio of 0.20%.
“Our strategic partnership with Samsung AM has produced this timely opportunity for US investors and it is a great honor to collaborate with Samsung AM on their first ETF initiative in the US.”
“We are proud to build on the legacy of Samsung Asset Management through our New York office by launching our first US-listed ETF with our strategic partner Amplify ETFs,” said Bongkyun Suh, CEO of Samsung Asset Management, the largest asset manager in Korea.
With extensive experience managing short-term interest income, Samsung AM was the first to list an overnight interest income ETF in Korea and are managing approximately $5.8 billion in short-term interest income ETFs, including the Kodex SOFR ETF.

MachTen, Inc. Reports Results for the Third Quarter 2023

Retrieved on:

Tuesday, November 14, 2023

LICT, SOFR, RC3, USF, Escanaba, Michigan, Marketing, ACAM, Data-rate units, MachTen, Growth, Carney, Pharmaceutical industry

Local access revenue of $355,000 in the 3rd quarter was generated from providing services to 3,971 access lines.

Key Points:

Local access revenue of $355,000 in the 3rd quarter was generated from providing services to 3,971 access lines.
Non-regulated revenue increased to $1.05 million in the 3rd quarter of 2023, up from $941,000 in the prior year period.
As of September 30, 2023, cash and cash equivalents were $1.57 million, compared with $1.2 million as of December 31, 2022.
The deployment of fiber-based broadband services in the nineteen incumbent exchanges that benefit from E-CAM support will also accelerate in 2024.

Glencore Enters Into Convertible Facilities Ageement With Tantalex Lithium

Retrieved on:

Monday, November 13, 2023

Lithium, Sale, National instrument, Facility, SOFR, CME, Indian stock exchange, Conversion, Date, Marketing, Bloomberg, Person, News, Security (finance), Glencore

BAAR, Switzerland, Nov. 13, 2023 (GLOBE NEWSWIRE) -- On November 10, 2023 (the “Closing Date”), Glencore AG (as lender) (“Glencore”), a wholly-owned subsidiary of Glencore plc entered into an up to US$5,000,000 convertible facilities agreement with Tantalex Lithium Resources Corporation (as borrower) (the “Company”) and its wholly-owned subsidiary, Sandstone Worldwide Ltd (as guarantor) (the “Convertible Facilities Agreement”). The transaction contemplated by the Convertible Facilities Agreement (the “Transaction”) was anticipated in the Company’s news release of September 8, 2023.

Key Points:

BAAR, Switzerland, Nov. 13, 2023 (GLOBE NEWSWIRE) -- On November 10, 2023 (the “Closing Date”), Glencore AG (as lender) (“Glencore”), a wholly-owned subsidiary of Glencore plc entered into an up to US$5,000,000 convertible facilities agreement with Tantalex Lithium Resources Corporation (as borrower) (the “Company”) and its wholly-owned subsidiary, Sandstone Worldwide Ltd (as guarantor) (the “Convertible Facilities Agreement”).
The transaction contemplated by the Convertible Facilities Agreement (the “Transaction”) was anticipated in the Company’s news release of September 8, 2023.
The issue of the Conversion Number of Conversion Shares to Glencore in accordance with the Convertible Facilities Agreement shall fully repay the applicable correlated Conversion Amount that was outstanding under the Convertible Facilities Agreement and completely discharges the obligations of the Company to repay that applicable Conversion Amount.
Glencore did not hold any Common Shares prior to entering into the Convertible Facilities Agreement.

The Real Good Food Company Reports Third Quarter 2023 Financial Results

Retrieved on:

Friday, November 10, 2023

Real Goods Solar, EBITDA, Research, Household, SOFR, Acceleration, Net, Documentation, Health, GAAP, Growth, Good, Term sheet, Quarter, Environment, Rare-earth element, Video game, Security (finance), Bank

CHERRY HILL, N.J., Nov. 10, 2023 (GLOBE NEWSWIRE) -- The Real Good Food Company, Inc. (NASDAQ: RGF) (“Real Good Foods” or the “Company”), a leading health and wellness frozen and refrigerated foods company, today reported financial results for its third quarter ended September 30, 2023.

Key Points:

CHERRY HILL, N.J., Nov. 10, 2023 (GLOBE NEWSWIRE) -- The Real Good Food Company, Inc. (NASDAQ: RGF) (“Real Good Foods” or the “Company”), a leading health and wellness frozen and refrigerated foods company, today reported financial results for its third quarter ended September 30, 2023.
Total operating expenses increased by $8.0 million to $20.5 million in the third quarter of 2023, as compared to $12.4 million in the third quarter of 2022.
Net loss was $13.1 million in the third quarter of 2023, as compared to $13.1 million in the third quarter of 2022.
Management will host an investor conference call at 10:00 a.m. Eastern time today, Friday, November 10, 2023 to discuss Real Good Foods’ third quarter 2023 financial results, provide a corporate update, and conclude with a question and answer session with telephone participants.

Hurco Companies, Inc. Announces Quarterly Cash Dividend

Retrieved on:

Friday, November 10, 2023

Pandemic, SOFR, Security (finance), Steel, CNC, COVID-19, Automation, Software, Czech Republic, Failure, News, Transport, Holding company, Takumi

The dividend will be paid on January 16, 2024, to shareholders of record as of the close of business on January 2, 2024.

Key Points:

The dividend will be paid on January 16, 2024, to shareholders of record as of the close of business on January 2, 2024.
Future declarations of dividends are subject to approval of the Board of Directors and may be adjusted as business needs or market conditions change.
Hurco Companies, Inc. is an international, industrial technology company that sells its three brands of computer numeric control (“CNC”) machine tools to the worldwide metal cutting and metal forming industry.
Two of the Company’s brands of machine tools, Hurco and Milltronics, are equipped with interactive controls that include software that is proprietary to each respective brand.

Barings Participation Investors Announces Increased Quarterly Cash Dividend of $0.35 Per Share

Retrieved on:

Thursday, December 14, 2023

Professional Services, Business, Other Professional Services, Finance, Asset Management, Consulting, NYSE, SOFR, Investment, MPV, IRS, Trust, Trustee, Barings LLC, Growth, Rate, MassMutual

The Board of Trustees of Barings Participation Investors (NYSE: MPV) (the “Trust”) today announced that it has declared a quarterly dividend of $0.35 per share payable on January 19, 2024, to shareholders of record on December 29, 2023.

Key Points:

The Board of Trustees of Barings Participation Investors (NYSE: MPV) (the “Trust”) today announced that it has declared a quarterly dividend of $0.35 per share payable on January 19, 2024, to shareholders of record on December 29, 2023.
Clifford Noreen, Chairman, stated, “We are pleased to announce an increase of $0.01 per share to the Trust’s quarterly cash dividend, which represents a 2.9% increase over the previous dividend of $0.34 per share.
Barings Participation Investors is a closed-end management investment company advised by Barings LLC.
We undertake no obligation to publicly update forward looking statements, whether as a result of new information, future events, or otherwise.

The GEO Group Amends Senior Revolving Credit Facility

Retrieved on:

Thursday, December 14, 2023

The GEO Group (NYSE: GEO) (“GEO” or the “Company”) announced today the closing of a Refinancing Revolving Credit Commitments Amendment ("Amendment") to its Credit Agreement dated as of August 19, 2022, providing for the refinancing of all of GEO's outstanding revolving credit facility commitments.

Key Points:

The GEO Group (NYSE: GEO) (“GEO” or the “Company”) announced today the closing of a Refinancing Revolving Credit Commitments Amendment ("Amendment") to its Credit Agreement dated as of August 19, 2022, providing for the refinancing of all of GEO's outstanding revolving credit facility commitments.
The Amendment provides for approximately $265 million in refinancing revolving credit commitments maturing on March 23, 2027.
Prior to the Amendment, a portion of the Company's revolving credit commitments matured on May 17, 2024, and the balance of the Company's revolving credit commitments matured on March 23, 2027.
All other terms governing the refinancing revolving credit commitments remain substantially consistent with those governing the revolving credit commitments being refinanced.

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.

Fifth Third Bancorp Announces Cash Dividends

Retrieved on:

Tuesday, December 12, 2023

Banking, Professional Services, Finance, Class, Fifth Third Bank, FITB, SOFR, ARRC, Security (finance), Series

Today, Fifth Third Bancorp announced the declaration of cash dividends on its common shares, Series H preferred shares, Series I preferred shares, Series J preferred shares, Series K preferred shares, Series L preferred shares, and Class B Series A preferred shares.

Key Points:

Today, Fifth Third Bancorp announced the declaration of cash dividends on its common shares, Series H preferred shares, Series I preferred shares, Series J preferred shares, Series K preferred shares, Series L preferred shares, and Class B Series A preferred shares.
Fifth Third Bancorp (Nasdaq: FITB) today declared a cash dividend on its common shares of $0.35 per share for the fourth quarter of 2023.
Fifth Third also declared a cash dividend on its 6.625% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series I (Nasdaq: FITBI), at the rate of $414.06 per preferred share, which equates to approximately $0.41406 for each depositary share.
Fifth Third also declared a cash dividend on its 4.50% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series L, at the rate of $281.25 per preferred share, which equates to approximately $11.25 for each depositary share.