Core Insights - Friedman Industries reported improved margins and a record sales volume for the fourth quarter of fiscal 2025, with a 28% increase in sales volume compared to the previous quarter and a 5% increase year-over-year [3][4] - The company achieved net earnings of approximately $6.1 million for fiscal 2025, despite challenging steel price trends and economic factors [3][5] - The company's sales volume remained stable at approximately 500,000 tons for the year, reflecting resilience amid various challenges [3][5] Quarterly Performance - For the quarter ended March 31, 2025, net earnings were approximately $5.3 million ($0.76 diluted earnings per share) on sales of approximately $129.2 million, compared to net earnings of approximately $5.0 million ($0.71 diluted earnings per share) on sales of approximately $132.2 million for the same quarter in 2024 [4][7] - Sales volume increased from approximately 159,000 tons in the 2024 quarter to approximately 166,500 tons in the 2025 quarter [4][7] Annual Performance - For the fiscal year ended March 31, 2025, net earnings were approximately $6.1 million ($0.87 diluted earnings per share) on sales of approximately $444.6 million, down from net earnings of approximately $17.3 million ($2.39 diluted earnings per share) on sales of approximately $516.3 million for fiscal 2024 [5][7] - The working capital balance at year-end was $128.1 million [7] Segment Operations - Flat-roll segment sales for the 2025 quarter totaled approximately $117.7 million, with a sales volume of approximately 139,000 tons from inventory and 16,500 tons of toll processing [10] - Tubular segment sales for the 2025 quarter totaled approximately $11.5 million, with tons sold increasing from approximately 9,500 tons in the 2024 quarter to approximately 11,000 tons in the 2025 quarter [11] Hedging Activities - The company recognized a gain on hedging activities of approximately $1.8 million for the 2025 quarter and a total hedging gain of approximately $7.6 million for fiscal 2025 [12] Outlook - For the first quarter of fiscal 2026, the company expects sales volume to be slightly lower than the fourth quarter of fiscal 2025 due to equipment downtime, but anticipates improved margins [13]

Group 1: Company Update - Hapbee Technologies Inc. has upgraded its U.S. listing from the OTC Pink Sheets to the OTCID tier on the OTC Markets Group platform, effective July 1, 2025 [1][2] - The upgrade reflects the company's commitment to enhancing transparency and accessibility for a broader group of U.S.-based retail and institutional investors [2][3] - The CEO of Hapbee expressed excitement about the upgrade, stating it provides U.S. investors with improved visibility and access to the company's shares in a more structured trading environment [3] Group 2: Financial Statements Update - The filing of the annual audited financial statements for the year ended December 31, 2024, remains delayed, with the company expecting to file these statements within the next seven days [5][6] - The auditor is finalizing the audit for review by the company's audit committee, and the company does not anticipate issues in completing the required filings by June 30, 2025 [6] - A Management Cease Trade Order (MCTO) was issued on May 1, 2025, restricting trading by the company's CEO and CFO, but it does not affect other investors [7][8] Group 3: Company Overview - Hapbee is a digital wellness company that utilizes ultra-low radio frequency energy (ulRFE®) in its wearable devices to promote wellness states such as focus, relaxation, and improved sleep [10] - The company's product ecosystem includes the Hapbee Mobile App, Smart Sleep Pad, Neckband, and Immersive Mattress Topper, catering to wellness enthusiasts, athletes, and health professionals [11]

Core Points - Daré Bioscience, Inc. convened its 2025 annual meeting of stockholders but adjourned it due to a lack of quorum, with plans to reconvene on July 9, 2025 [1][2] - Stockholders who have already submitted proxies or voted do not need to vote again, as their submissions will remain valid [3] - The company emphasizes the importance of voting for stockholders who have not yet participated, providing instructions for online and telephone voting [4] Company Overview - Daré Bioscience is a biopharmaceutical company focused on women's health, aiming to address unmet needs through innovative solutions [8] - The company has developed products such as XACIATO™, a vaginal gel for bacterial vaginosis, and is working on other candidates like Ovaprene® and Sildenafil Cream for various women's health issues [9][10] - Daré's leadership has received recognition for contributions to innovation and advocacy in women's health [11]

Core Insights - LGI Homes is launching a new master-planned community named Magnolia Woods in Magnolia, Texas, featuring over 1,300 single-family homesites [1][2] - The community will offer homes under both LGI Homes and Terrata Homes brands, catering to a diverse range of buyer needs [4][10] - Magnolia Woods is strategically located near major employers and amenities, enhancing its appeal to potential homeowners [2][13] Company Overview - LGI Homes, headquartered in The Woodlands, Texas, has been a pioneer in the homebuilding industry since 2003, closing over 75,000 homes and achieving profitable results annually [14] - The company is recognized for its quality construction and customer service, earning accolades such as being named to Newsweek's list of the World's Most Trustworthy Companies [14] Community Features - Magnolia Woods will include various onsite amenities such as Flower Patch Park, a dog park, and integrated walking trails, enhancing the lifestyle for residents [11] - The community will provide access to high-quality education through the Magnolia ISD school system, with Magnolia High School being notably recognized [12] Market Context - Montgomery County, where Magnolia Woods is located, is the 7th-fastest growing county in the U.S., with a population growth of nearly 5% year-over-year [2] - The proximity to The Woodlands, recognized as one of the best job markets in the U.S., positions Magnolia Woods favorably for attracting new residents [2]

Core Points - Fobi AI Inc. has completed the sale of its wholly owned German subsidiary, Fobi AI Germany GmbH, to a third-party purchaser for a total of EUR 1,540,000 [1][2] - The transaction includes a cash purchase price of EUR 1,400,000 and an additional EUR 140,000 paid on behalf of Fobi by the purchaser [2] - Fobi has been granted a non-exclusive, worldwide, irrevocable license to use the "Passcreator Software" for a payment of EUR 140,000, with a term of 48 months [3] Company Overview - Fobi AI Inc. is an AI and data intelligence company founded in 2017 in Vancouver, Canada, focusing on digital transformation and customer data monetization [5] - The company serves various sectors including retail, insurance, sports, and entertainment, and is recognized as a leader in technology and data intelligence in North America and Europe [6]

BOSTON, June 12, 2025 (GLOBE NEWSWIRE) -- In response to the recent and prior sports wagering tax increases passed by the Illinois state legislature on all mobile and online sports wagers placed with licensed operators, DraftKings Inc. (Nasdaq: DKNG) today announced that it will implement a 50-cent transaction fee on all mobile and online bets placed in Illinois through DraftKings Sportsbook, effective September 1, 2025. “Illinois has been an important part of our growth, and we’re proud to have contributed ...

Issued $250 million principal amount of convertible notes due in 2030, with the proceeds used in part to retire approximately $202 million principal amount of existing convertible notes due in 2027Opportunistic refinancing extends the maturity of most of Xometry’s existing debt with improved terms, a lower coupon and reduced potential dilution to the existing capital structureXometry purchased a capped call hedge with a cap price initially at $63.35, which represents a 75% premium over the market price on t ...

Saskatoon, SK., June 12, 2025 (GLOBE NEWSWIRE) -- Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8A) (“Draganfly” or the “Company”), a drone solutions, and systems developer, today announced the closing of its previously announced public offering (the “Offering”) of 5,500,000 units, with each unit consisting of one common share and one warrant to purchase one common share. Each unit was sold at a public offering price of US$2.50, for gross proceeds of approximately US$13.75 million, before deducting plac ...

Core Insights - Coherent Corp. has launched a diamond-loaded silicon carbide (SiC) ceramic composite aimed at improving thermal management in advanced AI datacenters and high-performance computing (HPC) systems [1][4] Product Features - The new diamond-silicon carbide material achieves isotropic thermal conductivity exceeding 800 W/m-K, which is twice the performance of copper, the current industry standard [2] - The composite closely matches the coefficient of thermal expansion (CTE) of silicon, making it suitable for direct integration with semiconductor devices [2] Performance Benefits - The diamond-SiC material significantly enhances reliability, extends component lifetimes, and reduces cooling costs, which can account for up to 50% of a datacenter's energy consumption [3] - The composite is designed to be corrosion-resistant, electrically insulating, and mechanically robust across a wide temperature range, making it compatible with direct liquid cooling (DLC) systems [3] Applications - Key applications for this innovation include direct to chip heat spreading, microchannel cold plates, semiconductor device substrates, and other advanced solutions where traditional copper-based materials are inadequate [3]

Core Viewpoint - Finning International Inc. has appointed David Primrose as the new Chief Financial Officer (CFO) following the departure of Greg Palaschuk, who is leaving for another opportunity in the financial services sector [1][2]. Company Leadership Transition - The appointment of David Primrose is part of the company's succession planning process [2]. - Greg Palaschuk will remain with the company until July 31, 2025, in an advisory role to ensure a smooth transition [2]. - Kevin Parkes, President and CEO, acknowledged Greg's positive impact and contributions during his tenure as CFO [3]. David Primrose's Background - David Primrose has held various senior management roles at Finning over his 36-year career, including President of Finning Canada and Managing Director for Finning UK and Ireland [4][5]. - He is a Chartered Professional Accountant and is expected to drive the execution of the company's strategy and financial results [4][5]. Company Overview - Finning is the world's largest Caterpillar dealer, providing equipment, parts, services, and performance solutions across multiple regions including Western Canada, Chile, Argentina, Bolivia, the UK, and Ireland [6].