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Release – Kratos Defense and Security Solutions Schedules Third Quarter 2024 Earnings Conference Call for Thursday, November 7th

Posted on by dburczyk@noblecapitalmarkets.com

Research News and Market Data on KTOS

SAN DIEGO, Oct. 28, 2024 (GLOBE NEWSWIRE) — Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS), a Technology Company in the Defense, National Security and Global Markets, announced today that it will publish financial results for the third quarter 2024 after the close of market on Thursday, November 7th. Management will discuss the Company’s operations and financial results in a conference call beginning at 2:00 p.m. Pacific (5:00 p.m. Eastern).

The call will be available at www.kratosdefense.com. Participants may register for the call using this Online Form. Upon registration, all telephone participants will receive the dial-in number along with a unique PIN that can be used to access the call. For those who cannot access the live broadcast, a replay will be available on Kratos’ website.

About Kratos Defense & Security Solutions
Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS) is a technology, products, system and software company addressing the defense, national security, and commercial markets. Kratos makes true internally funded research, development, capital and other investments, to rapidly develop, produce and field solutions that address our customers’ mission critical needs and requirements. At Kratos, affordability is a technology, and we seek to utilize proven, leading edge approaches and technology, not unproven bleeding edge approaches or technology, with Kratos’ approach designed to reduce cost, schedule and risk, enabling us to be first to market with cost effective solutions. We believe that Kratos is known as an innovative disruptive change agent in the industry, a company that is an expert in designing products and systems up front for successful rapid, large quantity, low cost future manufacturing which is a value add competitive differentiator for our large traditional prime system integrator partners and also to our government and commercial customers. Kratos intends to pursue program and contract opportunities as the prime or lead contractor when we believe that our probability of win (PWin) is high and any investment required by Kratos is within our capital resource comfort level. We intend to partner and team with a large, traditional system integrator when our assessment of PWin is greater or required investment is beyond Kratos’ comfort level. Kratos’ primary business areas include virtualized ground systems for satellites and space vehicles including software for command & control (C2) and telemetry, tracking and control (TT&C), jet powered unmanned aerial drone systems, hypersonic vehicles and rocket systems, propulsion systems for drones, missiles, loitering munitions, supersonic systems, space craft and launch systems, C5ISR and microwave electronic products for missile, radar, missile defense, space, satellite, counter UAS, directed energy, communication and other systems, and virtual & augmented reality training systems for the warfighter. For more information, visit www.KratosDefense.com.

 
Press Contact:
Claire Burghoff
Claire.burghoff@kratosdefense.com

Investor Information:
877-934-4687
investor@kratosdefense.com

Source: Kratos Defense & Security Solutions, Inc.

AbbVie Expands Alzheimer’s Pipeline with $1.4B Acquisition of Aliada Therapeutics

Posted on by slightbourne@noblecapitalmarkets.com
Key Points:
– AbbVie acquires Aliada Therapeutics, adding ALIA-1758 and its unique drug-delivery platform.
– Expands AbbVie’s neuroscience pipeline with advanced Alzheimer’s treatments.
– Aliada’s MODEL platform enhances drug delivery across the blood-brain barrier.

AbbVie has strategically bolstered its Alzheimer’s portfolio by acquiring Boston-based Aliada Therapeutics in a deal valued at $1.4 billion. The acquisition brings AbbVie ALIA-1758, a Phase I anti-amyloid antibody targeting Alzheimer’s disease, along with Aliada’s novel Modular Delivery (MODEL) platform. This technology aims to improve the delivery of therapeutics across the blood-brain barrier (BBB), a significant challenge in developing drugs for the central nervous system.

With Alzheimer’s becoming a critical area for biotech and pharma innovation, AbbVie’s acquisition comes amid heightened interest in anti-amyloid therapies. The recent successes of Biogen and Eisai’s Leqembi and Eli Lilly’s Kisunla, the first FDA-approved disease-modifying treatments for Alzheimer’s, have demonstrated the potential of anti-amyloid treatments, though they come with risks. ALIA-1758 is designed to target pyroglutamate amyloid beta, an epitope similar to that in Kisunla, and leverages Aliada’s MODEL platform to improve therapeutic delivery.

The MODEL platform is engineered to transport therapeutic agents across the BBB by targeting transferrin and CD98 receptors, both of which are abundantly expressed in brain endothelial cells. The technology effectively carries antibodies across the BBB, allowing higher therapeutic concentrations in the brain to address amyloid plaques associated with Alzheimer’s. This targeted approach has the potential to provide superior treatment efficacy compared to previous approaches.

This acquisition aligns with AbbVie’s strategy of expanding its presence in neuroscience. The company already has a robust portfolio that includes experimental therapies like ABBV-916, another anti-amyloid antibody; ABBV-552, which targets nerve terminals to enhance synaptic function; and AL002, an antibody developed in partnership with Alector Therapeutics. With the addition of ALIA-1758, AbbVie strengthens its position in the field and continues to invest in innovation that could transform the treatment landscape for neurodegenerative diseases.

While the Alzheimer’s market is promising, AbbVie’s expansion comes with some caution. Analysts have noted that investor sentiment in anti-amyloid drugs is mixed, given the high cost and developmental challenges. However, AbbVie’s investment signals confidence in the MODEL platform’s potential to enhance drug delivery, particularly in addressing diseases with significant unmet needs like Alzheimer’s. AbbVie is optimistic that Aliada’s technology will complement its existing assets and support long-term growth in the neuroscience sector.

Expected to close by the end of 2024, the acquisition of Aliada Therapeutics is subject to regulatory approvals and standard closing conditions. The deal underscores AbbVie’s ongoing commitment to innovation and its mission to bring novel treatments to patients suffering from Alzheimer’s and other neurological disorders.

DJT Stock Soars 20% After Trump’s Controversial Madison Square Garden Rally

Posted on by slightbourne@noblecapitalmarkets.com
Key Points:
– DJT shares soar on investor optimism around Trump’s 2024 election chances.
– Rally at Madison Square Garden and support from figures like Elon Musk bolster stock.
– While stock rises, Trump Media’s underlying financial challenges could impact long-term performance.

Donald Trump’s Trump Media & Technology Group (DJT) stock has seen a surge following his rally at Madison Square Garden, as market excitement and the election’s proximity drive interest. Over the weekend, DJT shares rose by as much as 20%, boosted by investor anticipation surrounding the former president’s election chances. The stock now trades at its highest point since July, marking a substantial 235% increase from September’s lows.

This surge wasn’t limited to DJT stock alone. Related companies like Phunware (PHUN), which provides mobile advertising services connected to Trump, and conservative video platform Rumble (RUM) also experienced gains of over 3% and 6%, respectively. Market analysts suggest that DJT’s stock performance hinges largely on the election, making it highly volatile in the face of public opinion shifts.

Investors betting on DJT stock see the upcoming election as a major catalyst. If Trump wins, the stock is likely to benefit from positive sentiment and speculation around Truth Social, his social media platform under Trump Media & Technology. Trump’s recent rally, while controversial, has further stoked investor sentiment as prediction markets shift more favorably towards his presidential bid. Betting markets, such as PredictIt and Kalshi, have shown Trump gaining ground against Democratic nominee Kamala Harris, adding to the optimism fueling DJT’s stock momentum.

However, experts warn of potential volatility. With a highly polarized market reaction to Trump’s campaign, a loss in the election could drive DJT’s stock down dramatically. Investment fund CEO Matthew Tuttle, who currently holds put options on DJT stock, predicts that a Trump loss could send the stock’s value tumbling to zero. Analysts advise caution, citing a “buy the rumor, sell the fact” approach for DJT stock tied to the November results.

The uptick in DJT’s value comes after a volatile period that included a drop in share price following the end of a lockup period for some early investors. Trump’s presence on Truth Social, which he launched post-2021 after being removed from traditional platforms, has continued to fuel speculation on the stock. Elon Musk, a known supporter of Trump, attended Trump’s rally alongside other influential figures, creating a spectacle that resonated with supporters and media alike. Trump and Musk’s association has generated media buzz, with Trump even suggesting a potential cabinet position for Musk, though the Tesla CEO’s involvement remains unofficial.

Despite recent stock performance, Trump Media’s fundamentals raise concerns. For the quarter ending June 30, DJT reported a $16.4 million net loss, with revenue down 30% year-over-year to $837,000. Half of these losses were linked to expenses associated with the company’s SPAC (Special Purpose Acquisition Company) deal. DJT also disclosed earlier in the month that its COO had stepped down in September, indicating potential instability within its management team.

As Trump Media gains attention in the market, its financial landscape remains a key factor for investors who are looking beyond the election.

WeRide Raises $440.5 Million in US IPO and Private Placement, Eyes Nasdaq Listing

Posted on by slightbourne@noblecapitalmarkets.com
Key Points:
– Chinese autonomous vehicle company WeRide raised $440.5 million through a U.S. IPO and private placement.
– WeRide is valued at over $4 billion and begins trading on the Nasdaq, signaling improved investor sentiment in Chinese tech IPOs.
– The autonomous driving sector faces challenges, particularly in robotaxi safety and regulatory barriers.

WeRide, a prominent Chinese self-driving technology company, has successfully raised a combined $440.5 million through its initial public offering (IPO) in the United States and a private placement. The Guangzhou-based firm sold 7.74 million American Depositary Shares (ADS) at $15.50 each, reaching the lower end of its targeted range and securing roughly $120 million from the IPO. In addition, WeRide raised $320.5 million through a concurrent private placement, valuing the company at over $4 billion. Trading on the Nasdaq is expected to start later today, marking a significant milestone for WeRide and a notable increase in Chinese company IPO activity on American exchanges.

The interest in U.S.-listed Chinese IPOs has seen a resurgence after years of regulatory uncertainty that culminated in the delisting of ride-hailing giant Didi Global following scrutiny by Chinese regulators. Recent easing of regulatory barriers by Beijing, paired with a resolution on audit access between the U.S. and China in 2022, has allowed for renewed activity. The reopening of the U.S. IPO market has also been welcomed by tech startups that faced a downturn over the past two years due to cash burn concerns and volatile valuations. With investor sentiment improving, WeRide’s successful listing follows the IPO of EV manufacturer Zeekr earlier in the year and could pave the way for additional Chinese tech companies to pursue U.S. listings. Autonomous vehicle firm Pony AI, backed by Toyota, is one such company with its Nasdaq filing earlier this month.

WeRide’s operations include testing and commercial trials of autonomous taxis, buses, vans, and street sweepers across 30 cities in seven countries. As robotaxi technology continues to evolve, analysts note that establishing widespread autonomous taxi services may still require years of technological refinement to meet safety and reliability standards. Accidents involving autonomous vehicles remain a primary concern, as challenges such as adverse weather, complex intersections, and unexpected pedestrian behavior still pose obstacles to self-driving technology. Despite these hurdles, China has taken a more proactive stance on authorizing self-driving trials compared to the U.S., allowing firms like WeRide greater flexibility for experimentation and commercialization within their domestic market.

WeRide’s expansion into the U.S. market, however, may be influenced by a proposed regulation from the Biden administration that seeks to limit Chinese software and hardware in American-connected and autonomous vehicles due to national security concerns. Such regulatory measures may shape the future landscape of cross-border collaboration in autonomous technology. However, companies remain optimistic that continued advancements in the sector will transform urban transportation. Notably, Tesla has recently revealed its own robotaxi and robovan concept as the competition within the EV and autonomous vehicle industries intensifies.

The underwriters for WeRide’s IPO include major players Morgan Stanley, J.P. Morgan, and China International Capital Corp. With proceeds potentially reaching $458.5 million if underwriters exercise options for additional shares, WeRide’s public listing aims to bolster its financial base for continued development and expansion, setting it on a path toward establishing a robust presence in the global autonomous driving market.

Nvidia Surpasses Apple as World’s Most Valuable Company Amid AI Demand Surge

Posted on by slightbourne@noblecapitalmarkets.com
Key Points:
– Nvidia’s stock reached a market value of $3.53 trillion, overtaking Apple’s $3.52 trillion temporarily.
– AI-driven demand has significantly boosted Nvidia’s stock, leading to an 18% increase in October alone.
– The company remains a leader in AI chip production, benefiting from strong market optimism for artificial intelligence applications.

In a notable shift, Nvidia briefly overtook Apple to become the world’s most valuable company on Friday, fueled by unprecedented demand for its artificial intelligence (AI) chips. Nvidia’s stock value surged to $3.53 trillion during trading, edging just above Apple’s $3.52 trillion valuation before settling back slightly, LSEG data shows.

The rally in Nvidia’s stock underscores the growing dominance of tech firms in financial markets, especially companies that drive the AI sector. For several months, Nvidia, Apple, and Microsoft have held the top spots in market capitalization, reflecting their massive influence on Wall Street.

Following a record year driven by its specialized processors, Nvidia has become indispensable for companies investing in AI computing power. The firm’s AI processors, essential for complex computing tasks, have cemented Nvidia’s status as a key player in the competitive race to shape the future of artificial intelligence. The company’s market trajectory gained momentum in recent weeks after OpenAI, developer of the popular ChatGPT, announced a significant funding round of $6.6 billion. This news fueled optimism for Nvidia as its AI-related products are essential to the operations of companies like Microsoft, Alphabet, and Meta, who are vying for AI dominance.

The semiconductor market experienced a broader lift this week after chipmaker Western Digital reported better-than-expected quarterly earnings. This optimism added to Nvidia’s upswing, especially as companies look to integrate AI into their workflows.

Nvidia, a company known initially for its graphic processing units (GPUs) for gaming, has effectively transformed its focus to capitalize on the AI wave. The company’s shares climbed roughly 18% this October, following a record-breaking year-to-date performance. The firm has set a high bar with projections of nearly 82% year-over-year revenue growth, significantly outpacing the 5.5% projected growth for Apple, which faces headwinds in China, where iPhone sales dropped by 0.3% last quarter.

The AI boom has also made Nvidia a top choice for options traders, with its stock among the most actively traded. Nvidia’s price surge, nearly 190% year-to-date, demonstrates the confidence in AI’s potential for reshaping industries. However, some analysts, like Rick Meckler of Cherry Lane Investments, caution that while Nvidia’s financials are strong, long-term growth in the AI space may need to prove itself beyond current enthusiasm.

Meanwhile, Apple continues to face mixed projections. Analysts forecast the tech giant’s quarterly revenue to reach $94.5 billion, which, although solid, reflects slower growth than Nvidia’s. Apple’s challenges, including stiffer competition in international markets from brands like Huawei, underscore the shifting landscape. Nonetheless, both Nvidia and Apple, along with Microsoft, account for about 20% of the S&P 500 index, underscoring the tech sector’s influence on broader U.S. markets.

As AI investments surge and technology companies cement their place at the forefront of the market, Nvidia’s recent ascent highlights the rapidly changing dynamics of tech valuation. Investors are keeping a close watch on whether Nvidia can sustain its growth trajectory, particularly as new earnings data, interest rate changes, and evolving AI applications continue to impact the financial landscape.

Release – ACCO Brands Corporation Declares Quarterly Dividend

Posted on by dburczyk@noblecapitalmarkets.com

Research News and Market Data on ACCO

LAKE ZURICH, Ill–(BUSINESS WIRE)– ACCO Brands Corporation (NYSE: ACCO) today announced that its board of directors has declared a quarterly cash dividend of $0.075 per share. The dividend will be paid on December 11, 2024, to stockholders of record as of the close of business on November 15, 2024.

“This is the Company’s 28 th quarterly cash dividend since it began paying dividends in 2018. The Company’s dividend has become an important part of our capital allocation strategy, and we remain committed to supporting our quarterly dividend with our robust free cash flow. At the current stock price, on an annualized basis, our shareholders are receiving an approximate 6% yield on their investment,” said Tom Tedford, President, and Chief Executive Officer of ACCO Brands.

About ACCO Brands Corporation

ACCO Brands, the Home of Great Brands Built by Great People, designs, manufactures and markets consumer and end-user products that help people work, learn and play. Our widely recognized brands include AT-A-GLANCE®, Five Star®, Kensington®, Leitz®, Mead®, PowerA®, Swingline®, Tilibra® and many others. More information about ACCO Brands Corporation (NYSE: ACCO) can be found at www.accobrands.com.

Chris McGinnis
Investor Relations
(847) 796-4320

Kori Reed
Media Relations
(224) 501-0406Source: ACCO Brands Corporation

Platinum Equity’s Ingram Micro Valued at $6 Billion as Shares Surge in NYSE Debut

Posted on by slightbourne@noblecapitalmarkets.com
Key Points:
– Ingram Micro’s shares jumped 15% in its NYSE debut, pushing the company’s valuation to $6 billion.
– The IPO raised $409.2 million, with shares priced at $22, exceeding market expectations as they opened at $25.28.
– Ingram is investing heavily in cloud services and digital transformation, positioning itself for growth as AI-driven consumer electronics expand.

Ingram Micro, one of the world’s largest technology distributors, made a strong return to public markets on Thursday, achieving a valuation of $6 billion after its shares surged 15% on the New York Stock Exchange (NYSE). The company’s shares opened for trading at $25.28 apiece, exceeding the initial public offering (IPO) price of $22 per share. This solid market debut signals strong investor demand, marking a successful IPO for Ingram and its private-equity owner, Platinum Equity.

The IPO raised $409.2 million through the sale of 18.6 million shares, valuing Ingram at $5.18 billion at the time of pricing. The offering priced within the targeted range of $20 to $23 per share, reflecting investor confidence as U.S. stock markets continue to hover near record highs. Analysts believe the positive investor sentiment, coupled with the easing of election-related uncertainties and potential interest rate cuts next year, will encourage more companies to move forward with IPOs in the coming months.

Ingram Micro is well-positioned to capitalize on the anticipated global upgrade cycle in consumer electronics, driven by increasing demand for artificial intelligence (AI) features in a wide range of products, from smartphones to household appliances. The company distributes a broad portfolio of IT products, including Apple’s iPhone, Cisco’s network equipment, and solutions from big-tech giants like Microsoft and Nvidia.

Paul Bay, Ingram Micro’s CEO, emphasized the company’s forward-looking strategy in an interview with Reuters. “One of those things we’ve done, and we continue to do under Platinum … is investing ahead of the curve,” Bay said. He highlighted that Ingram has invested over $600 million into its cloud business, accelerating its focus on advanced solutions, specialty services, and digital capabilities.

The company’s history has seen several ownership changes. Ingram originally went public in 1996 and traded on the NYSE until 2016, when it was acquired by Chinese conglomerate HNA Group for $6 billion. Platinum Equity purchased Ingram Micro in a $7.2 billion deal in 2020, and it remains the company’s controlling shareholder. With this IPO, Ingram returns to the public market under the ownership of Platinum Equity, benefiting from its support and resources while continuing to grow in key technology segments.

The offering was managed by a syndicate of major Wall Street investment banks, reflecting the high-profile nature of Ingram’s return to the NYSE. As the company continues to expand its cloud business and build out digital competencies, investors appear confident in its ability to maintain its leadership in the technology distribution sector.

Ingram Micro’s strong debut on the stock exchange showcases both its current market strength and the optimistic outlook investors have for the tech sector, especially as AI integration becomes increasingly prevalent across consumer electronics. The company’s continued focus on innovation and strategic investments should position it well for future growth in a rapidly evolving industry.

Release – FAT Brands to Announce Third Quarter 2024 Financial Results On October 30, 2024

Posted on by dburczyk@noblecapitalmarkets.com

Research News and Market Data on FAT

LOS ANGELES, Oct. 23, 2024 (GLOBE NEWSWIRE) — FAT (Fresh. Authentic. Tasty.) Brands Inc. (NASDAQ: FAT) (“FAT Brands” or the “Company”), a leading global franchising company and parent company of iconic brands including Round Table Pizza, Fatburger, Johnny Rockets, Twin Peaks, Fazoli’s and 13 other restaurant concepts, today announced that the Company will host a conference call to review its third quarter 2024 financial results on Wednesday, October 30, 2024 at 5:00 PM ET. A press release with third quarter 2024 financial results will be issued prior to the conference call that day.

The conference call can be accessed live over the phone by dialing 1-877-704-4453 from the U.S. or 1-201-389-0920 internationally. A replay will be available after the call until Wednesday, November 20, 2024, and can be accessed by dialing 1-844-512-2921 from the U.S. or 1-412-317-6671 internationally. The passcode is 13748855. Hosting the call will be Andy Wiederhorn, Chairman, and Ken Kuick, Co-Chief Executive Officer and Chief Financial Officer.

The conference call will also be webcast live from the corporate website at www.fatbrands.com, under the “Investors” section. A replay of the webcast will be available through the corporate website shortly after the call has concluded.

About FAT (Fresh. Authentic. Tasty.) Brands

FAT Brands (NASDAQ: FAT) is a leading global franchising company that strategically acquires, markets, and develops fast casual, quick-service, casual dining, and polished casual dining concepts around the world. The Company currently owns 18 restaurant brands: Round Table Pizza, Fatburger, Marble Slab Creamery, Johnny Rockets, Fazoli’s, Twin Peaks, Great American Cookies, Smokey Bones, Hot Dog on a Stick, Buffalo’s Cafe & Express, Hurricane Grill & Wings, Pretzelmaker, Elevation Burger, Native Grill & Wings, Yalla Mediterranean and Ponderosa and Bonanza Steakhouses, and franchises and owns over 2,300 units worldwide. For more information on FAT Brands, please visit www.fatbrands.com.

Investor Relations:
ICR
Michelle Michalski
IR-FATBrands@icrinc.com
646-277-1224

Media Relations:
Erin Mandzik
emandzik@fatbrands.com
860-212-6509

Source: FAT Brands Inc.

Release – Century Lithium Reports Progress on Angel Island

Posted on by aweinsoff@channelchek.com

Research News and Market Data on CYDVF

October 24, 2024 – Vancouver, Canada – Century Lithium Corp. (TSXV: LCE) (OTCQX: CYDVF) (Frankfurt: C1Z) (“Century Lithium” or the “Company”) is pleased to report on progress at its wholly owned Angel Island lithium project (“Project”) located in Esmeralda County, Nevada, USA. Since the completion of a Feasibility Study on Angel Island in April 2024, the Company continues to focus on critical steps for the Project’s development. Primary attention is on process optimization to drive reductions in the Project’s estimated capital and operating costs, environmental studies and permitting, and Project funding. Among these actions, testing has continued at the Company’s Lithium Extraction Facility (“Pilot Plant”) in Amargosa Valley, Nevada, with emphasis on producing lithium carbonate samples for evaluation by domestic end-users and interested parties.

“Century Lithium is focused on delivering results that will position the Company as one of the most advanced opportunities for a new domestic supply of this important and strategic commodity for the EV and battery storage industry” said Bill Willoughby, President, and CEO of Century Lithium. “The State of Nevada has expressed the desire to play a critical role in the clean energy transition, specifically through Nevada’s Lithium Loop initiative focusing on local resources to products to recycling. We are working with Century’s resources and technology to position us at the forefront of this effort.”

Pilot Plant Testing and Engineering

  • Review of the Feasibility Study with emphasis on pursuing several avenues to reduce the estimated capital and operating costs and achieve significant improvement of the Project’s economics
  • Achieved onsite production of battery quality lithium carbonate samples for evaluation and to demonstrate Angel Island’s capability as an end-to-end process for taking lithium claystone to a battery-quality product
  • Conducted initial tests with third parties on alternate reagents and media for the Pilot Plant
  • Currently installing equipment at the Pilot Plant based on results from the above  
  • Initiated materials testing program to optimize and potentially reduce the estimated costs of the tailings storage facility

Environmental Studies and Permitting

  • Completed draft hydrologic model and addressing comments from federal regulators
  • Completed a draft plan of operations
  • Modeled alternate locations for water supply to potentially source process water closer to the Project within the scope of the Company’s water rights permit
  • Engaged consultants to prepare key state permits with emphasis on water pollution control and air quality

Angel Island Funding

  • Communicating with potential strategic partners and end-users of lithium carbonate for testing of our product samples
  • Pursuing parties interested in marketing or obtaining a future supply of sodium hydroxide; Century Lithium’s process will produce a surplus of sodium hydroxide, the sales of which are estimated to result in a low net production cost for lithium carbonate
  • Compiling Project information to support applications for government funding opportunities available through the U.S. Department of Energy and U.S. Department of Defense

ABOUT CENTURY LITHIUM CORP.

Century Lithium Corp. is an advanced stage lithium company, focused on developing its wholly owned Angel Island project in Esmeralda County, Nevada, which hosts one of the largest sedimentary lithium deposits in the United States. The Company has utilized its patent-pending process for chloride leaching combined with Direct Lithium Extraction to make battery quality lithium carbonate samples from Angel Island lithium-bearing claystone on-site at its Lithium Extraction Facility in Amargosa Valley, Nevada.

Angel Island is one of the few advanced lithium projects in development in the United States to provide an end-to-end process to produce battery grade lithium carbonate for the growing electric vehicle and battery storage market. Angel Island is currently in the permitting stage for a three-phase feasibility-level production plan expected to yield an average of 34,000 tonnes per year of battery grade lithium carbonate over a 40-year mine-life.

Century Lithium trades on both the TSX Venture Exchange under the symbol “LCE” and the OTCQX under the symbol “CYDVF”; and on the Frankfurt Stock Exchange under the symbol “C1Z”. To learn more, please visit centurylithium.com.

ON BEHALF OF CENTURY LITHIUM CORP.
WILLIAM WILLOUGHBY, PhD., PE
President & Chief Executive Officer

For further information, please contact:
Spiros Cacos | Vice President, Investor Relations
Direct: +1 604 764 1851
Toll Free: 1 800 567 8181
scacos@centurylithium.com
centurylithium.com

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.

Cautionary Note Regarding Forward-Looking Statements

This release contains certain forward-looking statements within the meaning of applicable Canadian securities legislation. In certain cases, forward-looking statements can be identified by the use of words such as “plans”, “expects” or “does not anticipate”, or “believes”, or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved” and similar expressions suggesting future outcomes or statements regarding an outlook.

Forward-looking statements relate to any matters that are not historical facts and statements of our beliefs, intentions and expectations about developments, results and events which will or may occur in the future, without limitation, statements with respect to the potential development and value of the Project and benefits associated therewith, statements with respect to the expected project economics for the Project, such as estimates of life of mine, lithium prices, production and recoveries, capital and operating costs, IRR, NPV and cash flows, any projections outlined in the Feasibility Study in respect of the Project, the permitting status of the Project and the Company’s future development plans.

These and other forward-looking statements and information are subject to various known and unknown risks and uncertainties, many of which are beyond the ability of the Company to control or predict, that may cause their actual results, performance or achievements to be materially different from those expressed or implied thereby, and are developed based on assumptions about such risks, uncertainties and other factors set out herein. These risks include those described under the heading “Risk Factors” in the Company’s most recent annual information form and its other public filings, copies of which can be under the Company’s profile at www.sedarplus.com. The Company expressly disclaims any obligation to update-forward-looking information except as required by applicable law. No forward-looking statement can be guaranteed and actual future results may vary materially. Accordingly, readers are advised not to place reliance on forward-looking statements or information. Furthermore, Mineral Resources that are not Mineral Reserves do not have demonstrated economic viability.

Release – Graham Corporation Announces Second Quarter Fiscal Year 2025 Financial Results Conference Call and Webcast

Posted on by dburczyk@noblecapitalmarkets.com

Research News and Market Data on GHM

BATAVIA, N.Y.–(BUSINESS WIRE)– Graham Corporation (NYSE: GHM), a global leader in the design and manufacture of mission critical fluid, power, heat transfer and vacuum technologies for the defense, space, energy and process industries, announced that it will release its second quarter fiscal year 2025 financial results before financial markets open on Friday, November 8, 2024.

The Company will host a conference call and webcast to review its financial and operating results, strategy, and outlook. A question-and-answer session will follow.

Second Quarter Fiscal Year 2025 Financial Results Conference Call

Friday, November 8, 2024
11:00 a.m. Eastern Time
Phone: (201) 689-8560
Internet webcast link and accompanying slide presentation: ir.grahamcorp.com

A telephonic replay will be available from 3:00 p.m. ET on the day of the teleconference through Friday, November 15, 2024. To listen to the archived call, dial (412) 317-6671 and enter conference ID number 13749103 or access the webcast replay via the Company’s website at ir.grahamcorp.com, where a transcript will also be posted once available.

ABOUT GRAHAM CORPORATION

Graham is a global leader in the design and manufacture of mission critical fluid, power, heat transfer and vacuum technologies for the defense, space, energy, and process industries. Graham Corporation and its family of global brands are built upon world-renowned engineering expertise in vacuum and heat transfer, cryogenic pumps, and turbomachinery technologies, as well as its responsive and flexible service and the unsurpassed quality customers have come to expect from the Company’s products and systems. Graham Corporation routinely posts news and other important information on its website, grahamcorp.com, where additional information on Graham Corporation and its businesses can be found.

For more information, contact:
Christopher J. Thome
Vice President – Finance and CFO
Phone: (585) 343-2216

Deborah K. Pawlowski
Alliance Advisors IR
Phone: (716) 843-3908
dpawlowski@allianceadvisors.com

Source: Graham Corporation

Release – Kelly Announces Third-Quarter 2024 Conference Call

Posted on by dburczyk@noblecapitalmarkets.com

Research News and Market Data on KELYA

TROY, Mich., Oct. 24, 2024 (GLOBE NEWSWIRE) — Kelly, a leading global specialty talent solutions provider, will release its third-quarter earnings before the market opens on Thursday, November 7, 2024. In conjunction with its third-quarter earnings release, Kelly will publish a financial presentation on the Investor Relations page of its public website and will host a conference call at 9 a.m. ET.

The call may be accessed in one of the following ways:

Via the internet:
kellyservices.com

Via the telephone:
(877) 692-8955 (toll free) or (234) 720-6979 (caller paid)
Enter access code 5728672
After the prompt, please enter “#”

A recording of the conference call will be available after 1:30 p.m. ET on November 7, 2024, at (866) 207-1041 (toll-free) and (402) 970-0847 (caller-paid). The access code is 9480328#. The recording will also be available at kellyservices.com during this period.

About Kelly

Kelly Services, Inc. (Nasdaq: KELYA, KELYB) helps companies recruit and manage skilled workers and helps job seekers find great work. Since inventing the staffing industry in 1946, we have become experts in the many industries and local and global markets we serve. With a network of suppliers and partners around the world, we connect more than 500,000 people with work every year. Our suite of outsourcing and consulting services ensures companies have the people they need, when and where they are needed most. Headquartered in Troy, Michigan, we empower businesses and individuals to access limitless opportunities in industries such as science, engineering, technology, education, manufacturing, retail, finance, and energy. Revenue in 2023 was $4.8 billion. Learn more at kellyservices.com.

KLYA-FIN

Analyst & Media Contact:
Scott Thomas
(248) 251-7264
scott.thomas@kellyservices.com

Release – The ODP Corporation to Announce Third Quarter 2024 Results Wednesday, November 6, 2024

Posted on by dburczyk@noblecapitalmarkets.com

Research News and Market Data on ODP

BOCA RATON, Fla.–(BUSINESS WIRE)–Oct. 23, 2024– The ODP Corporation (NASDAQ:ODP) (“ODP,” or the “Company”), a leading provider of products, services, and technology solutions to businesses and consumers, will announce third quarter 2024 financial results before the market open on Wednesday, November 6th, 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 website at investor.theodpcorp.com. A replay of the webcast will be available approximately two hours following the event. A copy of the earnings press release, supplemental financial disclosures and presentation will also be available on the website.

About The ODP Corporation
The ODP Corporation (NASDAQ:ODP) is a leading provider of products and services through an integrated business-to-business (B2B) distribution platform and omnichannel presence, which includes world-class supply chain and distribution operations, dedicated sales professionals, online presence and a network of Office Depot and OfficeMax retail stores. Through its operating companies Office Depot, LLC; ODP Business Solutions, LLC; and Veyer, LLC, The ODP Corporation empowers every business, professional, and consumer to achieve more every day. For more information, visit theodpcorp.com.

ODP and ODP Business Solutions are trademarks of ODP Business Solutions, LLC. Office Depot is a trademark of The Office Club, LLC. OfficeMax is a trademark of OMX, Inc. Veyer is a trademark of Veyer, LLC. Grand&Toy is a trademark of Grand & Toy, LLC in Canada. Any other product or company names mentioned herein are the trademarks of their respective owners.

Tim Perrott
Investor Relations
561-438-4629
Tim.Perrott@theodpcorp.com

Source: The ODP Corporation

Release – GoHealth to Announce Third Quarter 2024 Results on November 7, 2024

Posted on by aweinsoff@channelchek.com

Research News and Market Data on GOCO

Oct 24, 2024 at 8:00 AM EDT

CHICAGO, Oct. 24, 2024 (GLOBE NEWSWIRE) — GoHealth, Inc. (GoHealth) (NASDAQ: GOCO), a leading health insurance marketplace and Medicare-focused digital health company, announced that the company will release its third quarter 2024 financial results on the morning of November 7, 2024.

Chief Executive Officer, Vijay Kotte, and Chief Financial Officer, Brendan Shanahan, will host a conference call and live audio webcast on the day of the release at 8:00 a.m. (ET) to discuss the results.

A live audio webcast of the conference call will be available via GoHealth’s Investor Relations website, https://investors.gohealth.com/. A replay of the call will be available via webcast for on-demand listening shortly after the completion of the call.

About GoHealth, Inc.

GoHealth is a leading health insurance marketplace and Medicare-focused digital health company whose purpose is to compassionately ensure consumers’ peace of mind when making healthcare decisions so they can focus on living life. For many of these consumers, enrolling in a health insurance plan is confusing and difficult, and seemingly small differences between health plans may lead to significant out-of-pocket costs or lack of access to critical providers and medicines. GoHealth’s proprietary technology platform leverages modern machine-learning algorithms, powered by over two decades of insurance purchasing behavior, to reimagine the process of matching a health plan to a consumer’s specific needs. Its unbiased, technology-driven marketplace coupled with highly skilled licensed agents has facilitated the enrollment of millions of consumers in Medicare plans since GoHealth’s inception. For more information, visit https://www.gohealth.com.

Investor Relations
John Shave
jshave@gohealth.com

Media Relations
Pressinquiries@gohealth.com