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ABGSC Shipping & Transport Research ... (+2)
  • ABGSC Shipping & Transport Research
  • Peter Sehested

Superior operating performance at a discount

EBIT forecasts revised by -1% to +2%. Management confident on market share gains. TP unchanged at DKK 1,300. BUY

 PRESS RELEASE

Methanex Reports Higher First Quarter 2024 Earnings as Methanol Prices...

Methanex Reports Higher First Quarter 2024 Earnings as Methanol Prices Increase Except where otherwise noted, all currency amounts are stated in United States dollars. Net income attributable to Methanex shareholders of $53 million and Adjusted EBITDA of $160 million in the first quarter. Our average realized price in the first quarter was $343 per tonne compared to $322 per tonne in the fourth quarter of 2023.Work is progressing to safely repair the Geismar 3 ("G3") plant and we believe that the plant is on track to start up in the third quarter of 2024. Repair costs are expected to be $1...

 PRESS RELEASE

MARKSMEN ANNOUNCES TERMINATION OF PREVIOULSY ANNOUNCED PRIVATE PLACEME...

MARKSMEN ANNOUNCES TERMINATION OF PREVIOULSY ANNOUNCED PRIVATE PLACEMENT, PROPOSED NEW PRIVATE PLACEMENT AND RESIGNATION OF DIRECTOR AND OFFICER CALGARY, ALBERTA, April 24, 2024 (GLOBE NEWSWIRE) -- Marksmen Energy Inc. (TSXV: MAH) (“Marksmen” or the “Company”) announces that, further to its news releases dated February 22 and April 4, 2024, it has terminated its previously announced non-brokered private placement of up to 10,000,000 units of Marksmen at a price of $0.025 per unit for aggregate gross proceeds of up to a maximum of $250,000, and that it now intends to complete a non-brokere...

 PRESS RELEASE

Biophytis Announces Transfer of ADSs to OTC Market

Biophytis / Key word(s): Miscellaneous Biophytis Announces Transfer of ADSs to OTC Market 24-Apr-2024 / 23:00 CET/CEST Biophytis Announces Transfer of ADSs to OTC Market   ADSs delisted from Nasdaq, which will result in meaningful savings ADSs transferred to OTC Pink market; Company will apply to trade on OTCQB market Biophytis remains listed on Euronext Growth Paris as its primary trading market   Paris (France) and Cambridge (Massachusetts, USA), April 24, 2024 – 11:00pm CET – Biophytis SA (Euronext Growth Paris : ALBPS), ("Biophytis" or the "Company"), a clinical-stage bio...

 PRESS RELEASE

Biophytis annonce le transfert de ses ADS sur le marché OTC

Biophytis / Mot-clé(s) : Autres Biophytis annonce le transfert de ses ADS sur le marché OTC 24-Avr-2024 / 23:00 CET/CEST  Biophytis annonce le transfert de ses ADS sur le marché OTC Les ADS seront radiés du Nasdaq, ce qui réduira significativement les dépenses de Biophytis Les ADS seront transférés sur le marché OTC Pink et la Société va demander leur admission sur le marché OTCQB Biophytis reste cotée sur Euronext Growth Paris comme marché principal de négociation Paris, France, Cambridge (Massachusetts, États-Unis), 24 avril 2024 – 23h00 – Biophytis SA (Nasdaq CM: BPTS, Eur...

 PRESS RELEASE

Oceaneering Reports First Quarter 2024 Results

HOUSTON--(BUSINESS WIRE)-- Oceaneering International, Inc. ("Oceaneering") (NYSE:OII) today reported net income of $15.1 million, or $0.15 per share, on revenue of $599 million for the three months ended March 31, 2024. Adjusted net income was $13.9 million, or $0.14 per share, reflecting the positive impact of $(2.2) million in foreign exchange gains, and the associated $0.8 million of tax effects, along with $0.2 million of expenses related to discrete tax adjustments. Summary of Results (in thousands, except per share amounts)             ...

 PRESS RELEASE

Methanex Renews and Adds New Tranche to Revolving Credit Facility

Methanex Renews and Adds New Tranche to Revolving Credit Facility VANCOUVER, British Columbia, April 24, 2024 (GLOBE NEWSWIRE) -- Methanex Corporation (TSX:MX) (NASDAQ:MEOH) announced today that it has renewed its US$300 million revolving credit facility, which replaces the Company’s existing revolving facility, and added an additional US$200 million tranche. The facility has been arranged with a syndicate of banks and will expire April 24, 2028 with the US$200 million tranche expiring April 24, 2026. RBC Capital Markets was the Arranger for the facility. Rich Sumner, President and CEO, ...

ABGSC Financials Research ... (+4)
  • ABGSC Financials Research
  • Jan Erik Gjerland
  • Magnus Andersson
  • Patrik Brattelius

Q1'24: An uphill struggle from here

Weaker earnings mix than expected implies lower adj. EPS estimates for 2024e-26e. Value support, but no near-term catalysts.

 PRESS RELEASE

The ODP Corporation to Announce First Quarter 2024 Results Wednesday, ...

BOCA RATON, Fla.--(BUSINESS WIRE)-- The ODP Corporation (NASDAQ:ODP) (“ODP,” or the “Company”), a leading provider of business services, products and digital workplace technology solutions to businesses and consumers, will announce first quarter 2024 financial results before the market open on Wednesday, May 8th, 2024. The ODP Corporation will webcast a call with financial analysts and investors that day at 9:00 am Eastern Time which will be accessible to the media and the general public. To listen to the conference call via webcast, please visit The ODP Corporation’s Investor Relations webs...

 PRESS RELEASE

ChampionX Reports First Quarter 2024 Results

ChampionX Reports First Quarter 2024 Results Revenue of $922.1 million, decreased 3% year-over-yearNet income attributable to ChampionX of $112.9 million, increased 78% year-over-yearAdjusted net income of $96.4 million, increased 17% year-over-yearAdjusted EBITDA of $191.7 million, increased 4% year-over-yearIncome before income taxes margin of 15.2%, increased 547 basis points year-over-yearAdjusted EBITDA margin of 20.8%, increased 130 basis points year-over-yearCash from operating activities of $173.5 million and free cash flow of $144.0 millionReturned 38% of cash from operating activi...

 PRESS RELEASE

StorageVault Reports 2024 First Quarter Results and Increases Dividend

StorageVault Reports 2024 First Quarter Results and Increases Dividend TORONTO, April 24, 2024 (GLOBE NEWSWIRE) -- STORAGEVAULT CANADA INC. (“StorageVault” or the “Corporation”) (SVI-TSX) reported the Corporation’s 2024 first quarter results and increases its dividend. Iqbal Khan, Chief Financial Officer, commented: “Our national strategically located portfolio achieved same store NOI growth of 5.2%, AFFO growth of 6.6% per common share, while maintaining over 90% fixed rate debt. We are pleased to have announced the acquisition of two stores for $43 million earlier this week with quick ...

Dollar General Corporation: Update to credit analysis following change...

Our credit view of Dollar General reflects its strong market position, good liquidity and 3.0x leverage target offset by currently weak metrics, strained consumers and high competition.

 PRESS RELEASE

Charting New Paths: Mannatech Expanding with Thailand Office, Grand Op...

FLOWER MOUND, Texas--(BUSINESS WIRE)-- (NASDAQ: MTEX), a leading global health and wellness company committed to transforming lives through Glycan technology, is thrilled to announce a significant milestone in its expansion efforts. With a steadfast commitment to empowering individuals and communities through innovative health solutions, Mannatech is excited to announce its continued expansion into the ASEAN region, with the official launch into the Thailand market. This opening will bring Mannatech’s global presence to 26 markets. ^ Existing and future Mannatech Associates eagerly antici...

Williamson County MUD 22, TX: Update to credit analysis

Our credit view highlighting the district's small yet growing tax base located in the Austin metropolitan area, improving financial profile and a high debt burden expected to remain elevated

Moody's Ratings assigns definitive ratings to Daimler's sixth truck eq...

Moody's Ratings (Moody's) has assigned definitive ratings to the notes issued by Daimler Trucks Retail Trust 2024-1 (DTRT 2024-1). Daimler Truck Financial Services USA LLC (DTFS USA), an indirect subsidiary of Daimler Truck AG (Daimler Truck, A3 stable) and ultimately owned by Daimler Truck Holding ...

ABGSC IT Research ... (+3)
  • ABGSC IT Research
  • Oscar Rönnkvist
  • Simon Jönsson

Buybacks to offset softer growth ahead

Growth slowing, but still much to like about the share. Adj. EBITDA estimates up 4-1% for '24e-'26e. Reiterate BUY, new TP of SEK 105 (100); 7-5x EBITA '24e-'25e

 PRESS RELEASE

Marathon Digital Holdings Schedules Conference Call for First Quarter ...

Marathon Digital Holdings Schedules Conference Call for First Quarter 2024 Financial Results Earnings Webcast and Conference Call Set for Thursday, May 9, 2024 at 5:00 p.m. ET Fort Lauderdale, FL, April 24, 2024 (GLOBE NEWSWIRE) -- (NASDAQ:) ("Marathon" or "Company"), one of the world’s largest publicly traded Bitcoin miners and a leader in supporting and securing the Bitcoin ecosystem, will hold a webcast and conference call on Thursday, May 9, 2024 at 5:00 p.m. Eastern time to discuss its financial results for the first quarter ended March 31, 2024. Financial results will be published...

Steel – Brazil: Brazilian steelmakers will benefit from increased tari...

Brazil's new tariff for steel imports will benefit margins for rated steelmakers Gerdau, CSN and especially Usiminas, all of which have faced competition from China.

 PRESS RELEASE

Toll Brothers Announces Clubhouse Grand Opening Event on May 4 at Rege...

Toll Brothers Announces Clubhouse Grand Opening Event on May 4 at Regency at Santa Rita Ranch 55+ Community in Liberty Hill, Texas Luxury active-adult community features three collections of single-family homes and resort-style amenities LIBERTY HILL, Texas, April 24, 2024 (GLOBE NEWSWIRE) -- (NYSE:TOL), the nation’s leading builder of luxury homes, is hosting a clubhouse grand opening celebration at its community of luxury homes for 55+ active adults located in vibrant Liberty Hill, Texas. The event will be held on Saturday, May 4 from 10 a.m. to 2 p.m. at 220 Flower Valley Parkwa...

 PRESS RELEASE

Blue Line Protection Group Provides Financial Review

Blue Line Protection Group Provides Financial Review Denver, CO, April 24, 2024 (GLOBE NEWSWIRE) -- Blue Line Protection Group Inc. (OTCQB: BLPG) is pleased to summarize the 2023 financial results. 2023 was a profitable year for the Company, as shown in our 10K filing. Revenue grew by 13% respectively, and operating income rose to an impressive $762,713. Total assets grew by $478,493 and shareholders deficit was reduced by $518,470. Additionally, the Company processed over $1,400,000,000 in cash pickups throughout 2023, with that number anticipated to increase in 2024. As our presence an...

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