We consider Holmen a quality company and continue to like its shareholder-friendly strategy. However, as c50% of the 2023 EBIT was derived from the traditional paper business (for which addressable markets are shrinking), and with still-tough markets for the paperboard business and lower spot prices for electricity affecting the renewable power business, we expect earnings to decline for 2024. Given relatively rich earnings multiples, we reiterate our SELL and SEK370 target price.
Great Southern Bancorp, Inc. Reports Preliminary First Quarter Earnings of $1.13 Per Diluted Common Share Preliminary Financial Results and Other Matters for the Quarter Ended March 31, 2024: Significant or Non-Recurring Items: During the three months ended March 31, 2024, the Company recorded the following significant or non-recurring items:(1) an expense in Legal and Professional Fees totaling $929,000 related to training and implementation costs for the core systems conversion and professional fees to consultants that were engaged to support the Company in its transition of core and anc...
Moody's Ratings (Moody's) said on 16 April 2024, Memphis-based International Paper Company (International Paper or IP, Baa2 stable) and London-based DS Smith Plc (DS Smith, unrated) announced that they reached an all-stock merger agreement. The announcement is credit positive for International Paper...
Moody's Ratings (Moody's) has completed a periodic review of the ratings of BorgWarner Inc. and other ratings that are associated with this issuer. The review was conducted through a rating committee held on 15 April 2024 in which Moody's reassessed the appropriateness of the ratings in the context...
Intrepid Announces Medical Leave of Absence for Bob Jornayvaz; Intrepid Co-founder Hugh Harvey rejoins Board of Directors Denver, CO, April 17, 2024 (GLOBE NEWSWIRE) -- Intrepid Potash, Inc. ("Intrepid,” “we," or "our") (NYSE:IPI) today announced that on April 16, 2024, the Board of Directors (the “Board”) of Intrepid granted Bob Jornayvaz, Executive Chairman of the Board and Chief Executive Officer, a temporary medical leave of absence, effective immediately, as he recovers from his previously announced injury. In connection with Mr. Jornayvaz’s leave of absence, the Board has appointed ...
LOUISVILLE, Ky.--(BUSINESS WIRE)-- Yum! Brands, Inc. (NYSE: YUM) will release its first quarter financial results on Wednesday, May 1, 2024 at 7:00 a.m. ET with a conference call to review the company's financial performance and strategies at 8:15 a.m. ET. The number is 833/470-1428 for U.S. callers, 833/950-0062 for Canada callers, and 929/526-1599 for all other international callers, conference ID 268136. The event will be webcast live and can be accessed through the Yum! Brands website at . The Q&A session of this conference call is limited to analysts only. Members of the media may direc...
Broad Capital Acquisition Corp Confirms Funding to Extend Period to Consummate Initial Business Combination to May 13, 2024 Dallas, Texas, April 17, 2024 (GLOBE NEWSWIRE) -- Broad Capital Acquisition Corp. (the “Company”) (NASDAQ: BRAC, BRACR, BRACU), a special purpose acquisition company formed by Broad Capital LLC, today announced that on April 11, 2024 it caused to be deposited $60,000 (the “Extension Payment”) into the Company’s trust account for its public stockholders, representing $0.035 per public share, allowing the Company to extend the period of time it has to consummate its in...
Adamas One Receives NASDAQ Exception To Regain Compliance with Listing Rule 5250(c)(1) Adamas One Corp. Announces NASDAQ's Acceptance of Compliance Plan for Late Financial Filings SCOTTSDALE, Ariz., April 17, 2024 (GLOBE NEWSWIRE) -- Adamas One Corp. (NASDAQ: JEWL), a leading provider of high-quality, single-crystal, Lab-Grown Diamonds for jewelry and diamond materials for technology and other industrial uses, announced today that the NASDAQ Stock Market has accepted the company's plan to regain compliance with NASDAQ’s listing rules related to the timely filing of its financial reports...
Moody's Ratings (Moody's) has completed a periodic review of the ratings of FTI Consulting, Inc. and other ratings that are associated with this issuer. The review was conducted through a rating committee held on 12 April 2024 in which Moody's reassessed the appropriateness of the ratings in the co...
IPG’s Commonwealth//McCann Recognized as GM Supplier of Year New York, April 17, 2024 (GLOBE NEWSWIRE) -- General Motors has recognized ’s (NYSE: IPG) Commonwealth//McCann as one of its top global suppliers of 2023 during its annual Supplier of the Year recognition event in Miami. Founded in 2013, Commonwealth//McCann is the dedicated global agency collective for the Chevrolet brand. In total, 86 suppliers were recognized this year, and this is the fifth time Commonwealth//McCann has won the distinguished award (2018, 2019, 2020, 2022, 2023). “We’re honored to partner with these top ...
Adamas One Corp. Announces Establishment of Board of Advisors for Adamas One Technologies SCOTTSDALE, Ariz., April 17, 2024 (GLOBE NEWSWIRE) -- Adamas One Corp. (NASDAQ: JEWL), a leading innovator in lab-grown diamonds, is pleased to announce the formation of a Board of Advisors for its wholly-owned subsidiary, Adamas One Technologies. The Board of Advisors is comprised of esteemed industry experts and will provide strategic guidance as Adamas One Technologies explores various applications for lab-grown diamonds in the semiconductor industry. "Lab-grown diamonds represent a transformativ...
Fidelity D & D Bancorp, Inc. Second Quarter 2024 Dividend DUNMORE, Pa., April 17, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Fidelity D & D Bancorp, Inc. (NASDAQ: FDBC), parent company of The Fidelity Deposit and Discount Bank, announce their declaration of the Company’s second quarter dividend of $0.38 per share. The dividend is payable June 10, 2024 to shareholders of record at the close of business on May 20, 2024. Fidelity D & D Bancorp, Inc. serves Lackawanna, Luzerne, Northampton and Lehigh Counties through The Fidelity Deposit and Discount Bank’s 21 full-service communit...
Adamas One Receives Nasdaq Notification of Non-Compliance with Listing Rule 5550(a)(2) SCOTTSDALE, Ariz., April 17, 2024 (GLOBE NEWSWIRE) -- Adamas One Corp. (Nasdaq: JEWL) (“Adamas One,” “Adamas” or the “Company”), The Original Lab-Grown Diamond Company™, a high-tech company that leverages proprietary technology to produce high-quality, single-crystal, Lab-Grown Diamonds for jewelry and diamond materials for industrial uses, today reports that, as previously disclosed, on October 12, 2023, the Company received a letter from the Listing Qualifications Department of the Nasdaq Stock Market...
Lithium Americas Announces Proposed Public Offering of Common Shares (All amounts in US$ unless otherwise indicated) VANCOUVER, British Columbia, April 17, 2024 (GLOBE NEWSWIRE) -- Lithium Americas Corp. (TSX: LAC) (NYSE: LAC) (“Lithium Americas” or the “Company”) announced that it intends to offer and sell, subject to market conditions, 55,000,000 of its common shares (the “Common Shares”) in an underwritten public offering (the “Offering”). All of the Common Shares to be sold in the Offering will be offered by Lithium Americas. The Offering is subject to market and other conditions, an...
Mayfair Gold Schedules Annual General and Special Meeting of Shareholders in Response to Shareholder Requisition MATHESON, Ontario, April 17, 2024 (GLOBE NEWSWIRE) -- Mayfair Gold Corp. (“Mayfair” or the “Company”) (TSX-V: MFG; OTCQB: MFGCF) today announced that it has called an annual general and special meeting (the "Meeting") of its shareholders to be held on June 5, 2024, in response to a shareholder requisition submitted by MWCGOF SPV III LP, an investment fund controlled by Muddy Waters Capital LLC ("Muddy Waters"). On March 27, 2024, Muddy Waters requisitioned an annual general mee...
Moody's Ratings (Moody's) has assigned Aa1/VMIG 1 letter of credit (LOC) backed ratings to the Maricopa County Industrial Dev. Auth., AZ Hospital Revenue Refunding Bonds (HonorHealth) Series 2024B & Hospital Revenue Bonds (HonorHealth) Series 2024C (collectively the Bonds). JPMorgan Chase Bank, N.A....
Liberty Gold Announces Signing of Definitive Agreement to Sell the TV Tower Project in Türkiye Transaction Values the Project at US$11.5 Million on a 100% Basis VANCOUVER, British Columbia, April 17, 2024 (GLOBE NEWSWIRE) -- Liberty Gold Corp. (TSX:LGD; OTCQX:LGDTF) (“Liberty Gold” or the “Company”) is pleased to announce it has signed a share purchase agreement (the “Agreement”) for the sale of its interest in the TV Tower copper gold project (“TV Tower” or the “Project”), located in Biga Province, northwest Türkiye, to a foreign mining company. Pursuant to the terms of the Agreement,...
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