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 PRESS RELEASE

Rubicon Organics to Report Q1 2024 Results

Rubicon Organics to Report Q1 2024 Results VANCOUVER, British Columbia, May 07, 2024 (GLOBE NEWSWIRE) -- Rubicon Organics Inc. (TSXV: ROMJ) (OTCQX: ROMJF) (“Rubicon Organics” or the “Company”), a licensed producer focused on cultivating and selling organic certified, premium cannabis products, is pleased to announce that it will be reporting its financial results for the three months ended March 31, 2024 (“Q1 2024”) after market close on Wednesday, May 15, 2024. The Company will be hosting a conference call to discuss Q1 2024 results on Thursday, May 16, 2024. Conference call detai...

 PRESS RELEASE

MediaAlpha Announces Pricing of Secondary Offering by White Mountains ...

MediaAlpha Announces Pricing of Secondary Offering by White Mountains Insurance Group and Insignia Capital Group LOS ANGELES, May 07, 2024 (GLOBE NEWSWIRE) -- MediaAlpha, Inc. (“MediaAlpha”) (NYSE: MAX) today announced the pricing of the previously announced underwritten secondary public offering of 6,600,000 shares of its Class A common stock by certain selling stockholders affiliated with White Mountains Insurance Group and Insignia Capital Group (the “Selling Stockholders”) at an offering price of $19.00 per share (before discounts and commissions). The offering is expected to close o...

Lynn Song ... (+3)
  • Lynn Song
  • Nicky Mapa
  • Rob Carnell

Asia Morning Bites

Trade reports from Taiwan and the Philippines due today

Clearwater Paper Corporation: Update to credit considerations followin...

Our credit view of this issuer reflects its efficient backward-integrated bleached paperboard operations, offset by its scheduled major maintenance outages.

 PRESS RELEASE

Freehold Royalties Announces Results from Annual Meeting of Shareholde...

Freehold Royalties Announces Results from Annual Meeting of Shareholders CALGARY, Alberta, May 07, 2024 (GLOBE NEWSWIRE) -- Freehold Royalties Ltd. (Freehold or the Company) (TSX:FRU) announced today that all nominees listed in its notice of meeting and information circular dated March 19, 2024 were elected as directors of Freehold at its Annual Meeting of Shareholders (the Meeting) held today. In addition, all other matters considered at the Meeting were approved by Freehold’s shareholders. A replay of the Meeting is available on our website at the below link, under the 2024 Annual Meet...

 PRESS RELEASE

ISC Declares Quarterly Dividend

ISC Declares Quarterly Dividend REGINA, Saskatchewan, May 07, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Information Services Corporation (TSX:ISV) (“ISC” or the “Company”) today declared a quarterly cash dividend of $0.23 per Class A Limited Voting Share ("Class A Share"). The dividend will be paid on or before July 15, 2024 to shareholders of record as of June 30, 2024. The dividend has been designated as an eligible dividend pursuant to the Income Tax Act. An eligible dividend paid to a Canadian resident is entitled to the enhanced dividend tax credit. For further information ...

 PRESS RELEASE

ISC Reports Solid Start to 2024

ISC Reports Solid Start to 2024 Strong operating results from across the businessLaunched goal to double the size of ISC by 2028 REGINA, Saskatchewan, May 07, 2024 (GLOBE NEWSWIRE) -- Information Services Corporation (TSX:ISV) (“ISC” or the “Company”) today reported on the Company’s financial results for the first quarter ended March 31, 2024. Capitalized terms that are used but not defined in this news release have the meaning ascribed to those terms in Management's Discussion & Analysis for the period ended March 31, 2024 2024 First Quarter Highlights Revenue was $56.4 million, an i...

Russell Waller
  • Russell Waller

Altice France - Sotheby's Q4 23: Solid numbers, no big dividend to Dra...

Sotheby’s has reported Q4 23 results, with LTM revenue and EBITDA down -6% and -9% respectively.

Soomit Datta
  • Soomit Datta

AMX (Buy, TP: $24, +20%) Investor Day - Upbeat outlook, cash returns l...

America Movil held an investor event in New York today which was, in the main, pretty upbeat for mid-term revenue and EBITDA – a message given credibility by the strong momentum coming out of the Q1s.

Ben Rickett
  • Ben Rickett

Inwit (Neutral, €12.8, +25%) 1Q24: Steady growth amidst a turbulent ma...

Inwit continues to deliver steady operational performance, with EBITDA AL growing at +11% YoY in Q1 (+13% YoY in Q4) and all 2024/ 2026 guidance confirmed.

Soomit Datta
  • Soomit Datta

Liberty LA (Buy, TP: $13, +60%) Q1 24 - Tough optics in Q1, but PR EBT...

Liberty LA Q1 24 was always going to be a difficult print and we saw this in the Puerto Rico numbers, with revenue hit by much lower equipment sales (lower commercial efforts) and EBITDA by even higher than expected integration costs. With that said, the integration has now been completed, and a “restored” PR monthly EBITDA guide of $45m has been reiterated for during H2 ($23m in Q1) which with integration eliminated, the TSA almost entirely falling away, cost savings (10% headcount reduction) a...

Moody's Ratings assigns Aa1 to Pennsylvania HFA's Single Family Mortga...

Moody's Ratings (Moody's) has assigned Aa1 ratings to Pennsylvania Housing Finance Agency's ("PHFA") proposed $374.7 million Single Family Mortgage Revenue Bonds, Series 2024-145A (Non-AMT)(Social Bonds) and $75.2 million Series 2024-145B (Federally Taxable) (collectively, the "Bonds") to be issued ...

Moody's Ratings assigns Aa3 UND/Aaa ENH rating to Snohomish County S.D...

Moody's Ratings (Moody's) has assigned an underlying Aa3 rating and an enhanced Aaa rating to Snohomish County School District 15 (Edmonds), WA's Unlimited Tax General Obligation and Refunding Bonds, 2024 in the estimated par amount of $285 million. Concurrently, Moody's affirmed the district's Aa3 ...

Banco BTG Pactual S.A.: Update following rating affirmation and outloo...

Our credit view of BTG reflects its capitalization levels higher than peers, strong profitability and increasing business diversification that mitigates its relatively higher market risk.

 PRESS RELEASE

Karat Packaging Board Declares Increase in Quarterly Cash Dividend

Karat Packaging Board Declares Increase in Quarterly Cash Dividend CHINO, Calif., May 07, 2024 (GLOBE NEWSWIRE) -- Karat Packaging Inc. (Nasdaq: KRT) (the “Company” or “Karat”), a specialty distributor and manufacturer of disposable foodservice products and related items, today announced that its board of directors approved the payment of a regular quarterly dividend of $0.35 per share on the Company’s common stock, reflecting an increase from the previous quarterly dividend of $0.30 per share. The dividend is payable on or about May 24, 2024, to the stockholders of record at the close o...

 PRESS RELEASE

American Hotel Income Properties REIT LP Reports Q1 2024 Results

American Hotel Income Properties REIT LP Reports Q1 2024 Results VANCOUVER, British Columbia, May 07, 2024 (GLOBE NEWSWIRE) -- American Hotel Income Properties REIT LP (“AHIP”, or the “Company”) (TSX: HOT.UN, TSX: HOT.U, TSX: HOT.DB. V), today announced its financial results for the three months ended March 31, 2024. All amounts presented in this news release are in United States dollars (“U.S. dollars”) unless otherwise indicated. 2024 FIRST QUARTER HIGHLIGHTS Diluted FFO per unit (1) and normalized diluted FFO per unit (1) were $0.03 and $0.02, respectively, for the first quarter of ...

Samford University, AL: Update to credit analysis following downgrade

Our credit view of this issuer reflects steady enrollment growth and total wealth offset by a high and rising leverage profile

City of Muscatine, IA: Update to credit analysis

Our credit view on the City of Muscatine, IA is a result of healthy reserves, moderate long-term liabilities, and a weaker local economy compared to similarly rated peers.

Oregon State University: Update to credit analysis

Our credit view of Oregon State University reflects its role as the state's flagship university with capital and operating support, constrained by elevated leverage and thin operations.

Moody's Ratings assigns Ba2 issuer rating and Ba2 senior secured bank ...

Moody's Ratings (Moody's) assigned a Ba2 rating to CPI Holdco B, LLC's (CPI) proposed senior secured first lien term loan B. Moody's also assigned to CPI a Ba2 long-term issuer rating. CPI's outlook is stable. The rating action follow's CPI's proposed $1.35 billion first lien term loan B issuance,...

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