ArcStone Securities and Investments Corp. is Attending the Paklaunch UNConference '24.2 as an Investor in Palo Alto, CaliforniaOctober 03, 2024 12:59 PM EDT | Source: ArcStone US Corp.New York, New York--(Newsfile Corp. - October 3, 2024) - ArcStone Securities and Investments Corp. is excited to announce its participation as an investor in the Paklaunch UNConference '24.2, on October 3rd and 4th, 2024, in Palo Alto, California. This exclusive event will unite top Pakistani entrepreneurs, globa ...

VANCOUVER, British Columbia, Oct. 02, 2024 (GLOBE NEWSWIRE) -- Titan Mining Corporation (TSX:TI, OTCQB:TIMCF) (“Titan” or the “Company”) announces the return to full commercial production at the Empire State Mine in upstate New York. Historic flooding in upstate New York from tropical Storm Debby on August 10, 2024 caused damage to the electrical components of the underground crusher level. Repairs were completed ahead of schedule and under budget and the site is now in full operation. Mining activities res ...

New York, New York, Oct. 01, 2024 (GLOBE NEWSWIRE) -- Oak Hill Advisors (“OHA”) served as lead lender and Lead Left Arranger of a comprehensive debt refinancing solution for Alkegen, a global specialty materials platform providing high performance materials used in advanced applications. OHA is the largest lender across the new senior facility, which consists of new $1,925 million first lien term loan and notes facilities and a new $200 million first-out revolving credit facility. Proceeds will be used prim ...

In today’s fast-evolving media landscape, where adaptability and digital innovation are key, The New York Times Company (NYT) has set itself apart through strategic transformations and a growing subscriber base. While many traditional media companies have struggled, NYT has thrived by focusing on diversifying revenue streams, optimizing costs and adapting to shifting consumer preferences. The company’s emphasis on bundled subscriptions reflects a smart approach to capturing evolving reader interests.By embr ...

New York Times Co. (NYT) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.The power of a ch ...

New York, New York--(Newsfile Corp. - September 25, 2024) - Berenson Acquisition Corp. I, (NYSE American: BACA) a special purpose acquisition company ("BACA" or the "Company"), announced that it will not complete its initial business combination by September 30, 2024, and therefore, the Company will dissolve and liquidate. The liquidation of the Trust Account is expected to occur on October 16th, 2024. The last day that the Company's securities will trade on the NYSE American will be September 27, 2024.Dis ...

Dur Doux Debuts Capsule at NYFW with Musical Guest Jack Gore at Walker HotelSeptember 17, 2024 1:43 PM EDT | Source: Agency 7 Inc.Mother / Daughter duo Cynthia and Najla Burt of Dur Doux showcased their SS25 Collection titled VISAGES DE FEMMES-an original artistic interpretation of the faces of women in their family-and the new DUR DOUX HOMME 'CASA COTIERE' Menswear for resort/vacation on Saturday, September 7, 3:00 PM at Walker Hotel Tribeca, Cortland Avenue.New York, New York--(Newsfile Corp ...

Wysh Collaborates with Jack Henry to Enhance Financial Protection for Credit Union MembersCommunity and regional financial institutions can offer account holders embedded life insurance, increased financial security, and innovative deposit productsSeptember 17, 2024 1:23 PM EDT | Source: Wysh FinancialNew York, New York--(Newsfile Corp. - September 17, 2024) - Wysh Life and Health Insurance Company, an AM Best A- rated insurance carrier offering innovative financial protection solutions, today ...

Wysh Joins the Jack Henry(TM) Vendor Integration Program- VIP enables Wysh to integrate with Symitar(R) -September 13, 2024 1:20 PM EDT | Source: Wysh FinancialNew York, New York--(Newsfile Corp. - September 13, 2024) - Wysh Life and Health Insurance Company, an AM Best A- rated insurance carrier offering innovative embedded protection solutions, today announced that it has joined the Jack Henry™ Vendor Integration Program (VIP). Participation in the program will provide Wysh with access to Ja ...

Core Viewpoint - The New York Times Company demonstrated solid performance in Q2 2024, with adjusted earnings per share and total revenues exceeding expectations, driven by growth in digital subscriptions and advertising revenues [2][4]. Financial Performance - Adjusted earnings per share for Q2 2024 were 45 cents, surpassing the Zacks Consensus Estimate of 40 cents, and up from 38 cents in the previous year [2]. - Total revenues reached $625.1 million, exceeding the Zacks Consensus Estimate of $623 million, marking a 5.8% year-over-year increase [2]. - Subscription revenues amounted to $439.3 million, reflecting a 7.3% year-over-year growth, with digital-only subscription revenues increasing by 12.9% to $304.5 million [3]. Subscriber Growth - The company added approximately 300,000 net digital-only subscribers, bringing the total to about 10.21 million digital-only subscribers, with 4.83 million being bundle and multiproduct subscribers [4][6]. - The overall subscriber base across print and digital products reached roughly 10.84 million [4]. Revenue Breakdown - Digital advertising revenues rose 7.8% to $79.6 million, while print advertising revenues fell 10% to $39.6 million [4]. - Other revenues increased by 4.9% year over year to $66.6 million, driven by higher licensing and affiliate referral revenues [5]. Cost and Profitability - Adjusted operating costs rose 4.4% to $520.4 million, with expectations of a 5-6% increase in Q3 2024 [5]. - Total adjusted operating profit increased 13.6% to $104.7 million, with an adjusted operating margin expanding by 110 basis points to 16.7% [5]. Future Outlook - Management anticipates total subscription revenues to grow by 7-9% in Q3 2024, with digital-only subscription revenues expected to rise by 12-15% [4]. - The company forecasts flat to low-single-digit growth in total advertising revenues for Q3 2024, with a high-single-digit increase in digital advertising revenues [5]. Capital Management - The company ended the quarter with cash and marketable securities of approximately $724 million, reflecting an increase from $709.2 million at the end of 2023 [7]. - Free cash flow generated during the first half of 2024 was $119.3 million, and the company repurchased 208,083 shares for about $9.5 million [7].