Washington, D.C., Sept. 05, 2024 (GLOBE NEWSWIRE) -- On behalf of its clients Relentless Inc., Huntress Inc. and SeaFreeze Fleet LLC, the New Civil Liberties Alliance has filed an amicus curiae brief with the U.S. Court of Appeals for the D.C. Circuit in Loper Bright Enterprises v. Raimondo. Alongside NCLA's Relentless Inc. v. Dept. of Commerce lawsuit, this historic case defeated the Chevron doctrine. Now, NCLA urges the Court to overturn the National Oceanic and Atmospheric Administration (NOAA) and Natio ...

Group 1 - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [1][2] - The news team operates from key finance and investing hubs including London, New York, Toronto, Vancouver, Sydney, and Perth [2] - Proactive focuses on medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [2][3] Group 2 - The team delivers news and insights across various sectors including biotech, pharma, mining, natural resources, battery metals, oil and gas, crypto, and emerging technologies [3] - Proactive adopts technology to enhance workflows and improve content delivery, utilizing decades of expertise [3][4] - All content published by Proactive is edited and authored by humans, ensuring adherence to best practices in content production and search engine optimization [4]

Vancouver, B.C., Sept. 04, 2024 (GLOBE NEWSWIRE) -- Trillion Energy International Inc. ("Trillion" or the "Company") (CSE: TCF) (OTCQB: TRLEF) (Frankfurt: Z62) is pleased to provide this production update for the SASB gas field. SASB revitalization program is off to a great start having realized the complete payback of recent perforation costs in just 35 days of production. In first phase of workover all remaining gas pay on the Akcakoca platform was perforated including three long reach deviated gas wells ...

Group 1 - Oceaneering International Inc. (OII) has secured multiple contracts in the U.K. North Sea region for decommissioning, inspection, subsea infrastructure preparation, and installation support services [1] - The contracts are expected to last for 65 days, with options for extension, and will be managed from Oceaneering's hub in Aberdeen, Scotland [2] - Operations are set to begin in August 2024, utilizing the Island Offshore multiservice vessel, Island Frontier, which has had its charter extended until December 2025 [3] Group 2 - The recent contracts signify Oceaneering's expansion into a key market and highlight its strong relationships with major clients in the U.K. North Sea region, showcasing its expertise and execution capabilities [4]

Sea Limited's (SE) shares have surged 100.6% year to date compared with the Zacks Computer & Technology sector's rise of 21.7%. The rise in stock price reflects investors' confidence in SE's portfolio strength and cost-management initiatives. However, the question the investors should now ask whether this bull run will continue for Sea Limited shares or not? SE Shares Rides on Decent Q2 Earnings Sea Limited reported decent second-quarter 2024 financial results, with revenues increasing 23% year over year to ...

A Greek-flagged oil tanker was left adrift and ablaze in the Red Sea following strikes off the Yemeni coast, Greek and U.K. authorities have indicated. The U.K. Maritime Trade Operations agency on Wednesday reported that a fire had erupted aboard a tanker, which lost engine power and was no longer "under command." It came after a gunfire attack from two small boats roughly 77 nautical miles west of Yemeni port Hodeidah, which is under the control of the Houthi militant group. The UKMTO did not name the vess ...

"Fishing continues to be one of the world's most popular recreational activities and we see more and more of our customers utilizing our brands to get out on the water and enjoy fishing with family and friends. With that said, it only made sense to continue to capitalize on the innovation we are known for to create an even more immersive fishing experience for our customers," says James Heintz, Director of Global Product Strategy, SeaDoo & Marine Group at BRP. Taking PWC fishing to the next level The FishPr ...

thitivong Summary I am neutral on Expeditors International of Washington (NYSE:EXPD), as there is very little visibility into the earnings growth outlook over the medium term. While I acknowledge the near-term strength stemming from the Red Sea conflict situation, I don't think the market appreciates what happens when the conflict gets resolved. EXPD is currently trading at 23x (the high end of its historical trading range), which means there is plenty of room to fall if the risk I highlighted below plays o ...

SEA Today SE SEA $79.68 +0.39 (+0.49%) 52-Week Range $34.35 ▼ $79.93 P/E Ratio 1,593.60 Price Target $77.29 Add to Watchlist Singapore-based e-commerce, gaming, and financial services company Sea Limited NYSE: SE added to its ongoing stock rally following an earnings beat on Tuesday, with shares almost doubling in the last year heading into the end of the week. All three of the firm's major businesses experienced sales growth and strong profitability, though the cost of revenue remains a factor impacting ne ...

Investment Rating - The investment rating for the company is "Outperform" [2][4][10] Core Insights - The company's revenue for Q2 2024 reached $3.8 billion, representing a year-on-year growth of 23%, primarily driven by the e-commerce and digital finance sectors, partially offset by a decline in gaming revenue [1][5] - The adjusted EBITDA margins for e-commerce, gaming, and digital finance in Q2 2024 were -0.3%, 70%, and 32% respectively, compared to 7%, 45%, and 32% in the same period last year [1][5] - E-commerce revenue grew by 34% year-on-year to $2.8 billion, with a significant improvement in core market growth at 41% [1][7] - The gaming segment saw a revenue decline of 18% to $440 million, but adjusted EBITDA increased by 26% to $300 million, driven by strong performance from the game Free Fire [1][8] - Digital finance revenue grew by 21% year-on-year to $520 million, with an adjusted EBITDA margin of 32% [1][9] Summary by Sections E-commerce Business - The e-commerce segment's revenue was $2.8 billion, with a year-on-year increase of 34% and a gross merchandise value (GMV) growth of 29% [1][7] - The adjusted EBITDA for e-commerce was -$9 million, indicating a continued reduction in losses [1][7] - The company raised its full-year GMV growth guidance to approximately 25% [7] Gaming Business - Gaming revenue decreased to $440 million, a decline of 18% year-on-year, while the gaming gross revenue increased by approximately 21% to $540 million [1][8] - The number of active users reached 650 million, a 19% increase year-on-year, with paying users increasing by 22% to approximately 52.5 million [1][8] Digital Finance - Digital finance revenue was $520 million, reflecting a 21% year-on-year growth, primarily driven by credit services [1][9] - The adjusted EBITDA for this segment was $170 million, maintaining a profit margin of 32% [1][9]