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 ...

Core Insights - The New York Times Company (NYT) has successfully differentiated itself in the media landscape through strategic transformations and a growing subscriber base, focusing on diversifying revenue streams and adapting to consumer preferences [1] Subscription Growth - As of the end of Q2 2024, NYT had approximately 10.84 million subscribers, with 10.21 million being digital-only subscribers, including around 4.83 million bundle and multiproduct subscribers [2] - The company added 300,000 net new digital-only subscribers compared to the previous quarter, indicating a steady growth trajectory [2] - Subscription revenues reached $439.3 million, reflecting a year-over-year growth of 7.3%, with digital-only subscription revenues increasing by 12.9% to $304.5 million [2] Average Revenue Per User (ARPU) - The digital-only average revenue per user (ARPU) rose to $9.34 in Q2 2024, up from $9.15 in the same period last year, driven by subscribers moving from promotional pricing to regular rates and price increases for long-term, non-bundle subscribers [3] Future Projections - Management projects overall subscription revenues to grow by 7-9% in Q3 2024, with digital-only subscription revenues expected to increase by 12-15%, indicating continued momentum in the digital business [3] Strategic Positioning - NYT's focus on subscription growth and digital innovation has established it as a resilient player in the competitive media landscape, showcasing its ability to expand digital offerings and optimize ARPU [5][6] - The company's growth trajectory, supported by its digital strategy and increasing subscription revenues, positions it well for sustained success [6] - NYT shares have risen 29% over the past six months, outperforming the industry's growth of 28.5% [6]

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 ...

Core Insights - Dur Doux, a luxury lifestyle brand, debuted its Spring/Summer 2025 Collection titled "Visages De Femmes" at New York Fashion Week, showcasing an artistic interpretation of the faces of women in their family [2][4] - The collection features a mix of relaxed yet sophisticated styles, including floor-length dresses, wrap skirts, and swimwear, reflecting modern femininity and tropical influences [5][6] - The men's resort line, DUR DOUX HOMME 'CASA COTIERE', emphasizes comfort and style, designed for the modern traveler with pieces that transition seamlessly from day to night [6][7] Collection Details - The "Visages De Femmes" collection includes 38 looks with a color palette of rich tangerine, canary yellow, chartreuse, goldenrod, and natural greens, inspired by watercolor portraits [5] - Accessories from Sophie Blake NY and footwear by Blue Suede Studio complemented the collection, enhancing its luxurious appeal [5] - The men's collection features relaxed linen shirts, short-sleeve button-ups, and swim trunks, designed for effortless sophistication and quality [6][7] Brand Philosophy - Dur Doux, meaning "Hard, Soft" in French, embodies a philosophy of combining strength and femininity in fashion, founded by mother-daughter duo Najla and Cynthia Burt [4] - The brand is known for its innovative use of textured fabrics and intricate details, drawing inspiration from film, art, and extensive travels [4]

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].

Core Insights - The New York Times Company (NYT) has shown strong performance over the past six months, driven by subscriber growth and a focus on digital media [1][2] - NYT stock has increased by 25.4%, outperforming industry benchmarks and the S&P 500 [1] - The stock is currently trading at $53.95, close to its 52-week high of $56.49 [1] Subscriber Growth - NYT's subscriber base reached approximately 10.84 million, with 10.21 million being digital-only subscribers [4] - The company added 300,000 net new digital-only subscribers in the last quarter, indicating a steady growth trajectory [4] Revenue Performance - Subscription revenues totaled $439.3 million, reflecting a year-over-year growth of 7.3% [5] - Digital-only subscription revenues increased by 12.9% to $304.5 million, driven by bundle and multiproduct revenues [5] - The average revenue per user (ARPU) for digital-only subscribers rose to $9.34, up from $9.15 year-over-year [5] Future Projections - NYT expects subscription revenues to grow by 7-9% in Q3 2024, with digital-only revenues projected to increase by 12-15% [6] - The Zacks Consensus Estimate for earnings has increased by 6.1% and 5.1% for the current and next fiscal years, respectively [7]