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Rocky Mountain Chocolate Factory Announces Major Growth Surge with Commitments for 34 New Stores
Globenewswire· 2025-11-25 14:00
Core Insights - Rocky Mountain Chocolate Factory, Inc. has announced a significant milestone in its transformation strategy with the rollout of a new store prototype and the signing of four area development agreements for a total of 34 new stores, representing nearly 25% growth in full franchise stores, marking the largest development surge in the company's history [1][3][9] Company Strategy - The new store prototype emphasizes handcrafted chocolate making, featuring a warm interior design and in-store sampling of fresh products made daily, supported by improved operational systems and an upgraded franchise platform [2][3] - The transformation strategy is described as a reaffirmation of the company's heritage and craft, aiming for national growth through sophisticated multi-unit operators [3][9] Franchise Development - The company is experiencing strong interest from franchise operators, with a disciplined sales strategy and improved operational processes contributing to this acceleration [3][9] - Current franchise commitments include a nine-store development plan in Southeast Florida and a ten-store agreement in the greater Chicago metro area, showcasing the brand's appeal to experienced operators [4][5][6] Market Expansion - The first new prototype store opened in Charleston, SC, with plans for eight additional stores across Charleston, Denver, and Santa Fe, indicating a strategic focus on key markets [7][9] - The company is also returning to Central New Jersey with a seven-store plan, highlighting its commitment to re-establishing a presence in regions where it once thrived [8][9] Company Overview - Rocky Mountain Chocolate Factory, Inc. is a leading franchiser of premium chocolate and confectionery retail concepts, operating over 250 stores across the United States and several international locations [10]
STEALTHGAS INC. Reports Third Quarter and Nine Months 2025 Financial and Operating Results
Globenewswire· 2025-11-25 14:00
Core Insights - StealthGas Inc. reported a profitable third quarter in 2025 with a net income of $13.3 million, a 10% increase from $12.1 million in the same period last year, and revenues of $44.5 million, also up 10% year-over-year [4][8][30] - The company has maintained high fleet coverage with 85% of fleet days for 2025 secured on period charters, generating approximately $130 million in contracted revenues [4][9] - The company has successfully repaid all debt obligations in its fully owned fleet, totaling $350 million since December 2022, and currently holds $69.7 million in cash and cash equivalents [4][13][34] Financial Performance - For Q3 2025, revenues increased to $44.5 million from $40.4 million in Q3 2024, attributed to a higher number of vessels and improved market conditions [4][8] - Voyage expenses rose to $7.2 million from $2.9 million in Q3 2024, primarily due to increased bunker costs and port expenses [4][30] - General and administrative expenses decreased to $1.9 million from $2.7 million in Q3 2024, mainly due to lower stock-based compensation [4][30] Nine-Month Results - For the nine months ended September 30, 2025, revenues were $133.8 million, up from $123.8 million in the same period of 2024, driven by an increase in fleet size and market conditions [8][30] - Net income for the nine months was $47.9 million, down from $55.7 million in 2024, with adjusted net income at $52.3 million compared to $60.8 million last year [8][30] - The average number of vessels owned increased to 28.4 in the nine months of 2025 from 27.0 in 2024 [8][30] Fleet and Operations - As of November 2025, the company has total contracted revenues of approximately $130 million, with 46% of fleet days for 2026 secured under period contracts [9][11] - The company completed the sale of the vessel Gas Elixir in November 2025 and is in the process of selling the Eco Invictus, which is expected to enhance liquidity [10][11] - The Eco Wizard remains stranded in Russia, requiring further repairs before it can return to operations, impacting revenue generation [12][30] Management Commentary - The CEO noted a modest seasonal softening in spot rates during summer but highlighted a solid profit quarter due to high period coverage [13] - The company aims to maintain a solid balance sheet and has successfully reduced debt obligations significantly over the past three years [13]
CSX Chief Financial Officer and Chief Operating Officer to Address UBS Global Industrials and Transportation Conference
Globenewswire· 2025-11-25 14:00
Core Viewpoint - CSX Corp. will present at the 2025 UBS Global Industrials and Transportation Conference on December 2, 2025, at 8:50 a.m. Eastern Time, highlighting its role in the transportation sector [1]. Company Overview - CSX, headquartered in Jacksonville, Florida, is a leading transportation company providing rail, intermodal, and rail-to-truck transload services across various markets, including energy, industrial, construction, agricultural, and consumer products [3]. - The company has been integral to the economic expansion and industrial development of the United States for nearly 200 years, connecting major metropolitan areas in the eastern U.S. where about two-thirds of the nation's population resides [3]. - CSX's network links over 240 short-line railroads and more than 70 ocean, river, and lake ports with significant population centers and farming towns [3].
Canacol Announces Results of DeGolyer and MacNaughton Audit of Proved Gas Reserves
Globenewswire· 2025-11-25 14:00
CALGARY, Alberta, Nov. 25, 2025 (GLOBE NEWSWIRE) -- Canacol Energy Ltd. (“Canacol” or the “Corporation”) (TSX:CNE; OTCID:CNNEQ; BVC:CNEC) announces that DeGolyer and MacNaughton has performed an audit of the extent and value of the estimated proved developed producing, proved developed, and total proved gas reserves of certain properties located in the Esperanza, VIM-5, and VIM-21 Blocks in Colombia in which Canacol holds an interest. Canacol has represented that the estimated reserves attributable to the r ...
Gibson Energy to Host Investor Day on December 2, 2025
Globenewswire· 2025-11-25 14:00
Core Viewpoint - Gibson Energy Inc. will host an Investor Day on December 2, 2025, to provide updates on its strategy, operations, and long-term plans [1]. Event Details - The Investor Day is scheduled for December 2, 2025, at 8:30 am Eastern Time (6:30 am Mountain Time) [2]. - A live webcast will be available for participants, and presentation materials will be posted on the company's Investor Centre [2]. Company Overview - Gibson Energy is a leading liquids infrastructure company focused on the storage, optimization, processing, and gathering of liquids and refined products, along with waterborne vessel loading [3]. - The company is headquartered in Calgary, Alberta, with operations across North America, including key terminal assets in Hardisty and Edmonton, Alberta, Ingleside and Wink, Texas, and Moose Jaw, Saskatchewan [3]. Stock Information - Gibson shares are traded under the symbol GEI on the Toronto Stock Exchange [4].
Diagnos Announces Upsize of Previously Announced Brokered Private Placement to $3.65M Led by Centurion One Capital
Globenewswire· 2025-11-25 14:00
Core Viewpoint - Diagnos Inc. has announced an upsized brokered private placement due to strong investor demand, aiming to raise approximately $3,650,000 by issuing up to 12,166,667 units at $0.30 per unit [1][2]. Group 1: Offering Details - Each unit consists of one common share and one common share purchase warrant, with the warrant allowing the purchase of one share at $0.40 for 18 months post-closing [2]. - The offering is led by Centurion One Capital Corp. as the lead agent and sole bookrunner, with proceeds allocated for regulatory affairs, product development, business development, and general corporate purposes [3]. - The offering is expected to close around December 3, 2025, subject to necessary approvals, including from the TSX Venture Exchange [5]. Group 2: Participation and Compliance - Certain insiders of the company and lead agent may acquire up to approximately 50% of the offering, which will be considered a related party transaction but is expected to be exempt from formal valuation and minority shareholder approval requirements [6]. - The units will be offered via private placement in specific Canadian provinces and the U.S. under an exemption from registration requirements [4]. Group 3: Company Overview - Diagnos Inc. is a publicly traded Canadian corporation focused on early detection of critical eye-related health issues, utilizing artificial intelligence to enhance diagnostic accuracy and improve patient outcomes globally [8].
Reading Cinemas at Valley Plaza Mall Transformation Revealed
Globenewswire· 2025-11-25 14:00
IMAX now offers heated recliner seats, new premium TITAN LUXE has arrived and comfortable recliners added to multiple auditoriumsBAKERSFIELD, Calif., Nov. 25, 2025 (GLOBE NEWSWIRE) -- Reading Cinemas at the Valley Plaza Mall in Bakersfield, California, an affiliate of Reading International, Inc. (NASDAQ: RDI), today revealed a major cinema makeover and guest experience improvements. A multi-million-dollar renovation is underway and expected to be finally completed in January 2026. IMAX now features Recliner ...
BuzzFeed Asia Selects DeeperDive From Taboola, Gen AI Answer Engine Built for the Open Web, to Connect Readers with Timely, Contextual Answers for Topics They Care About
Globenewswire· 2025-11-25 14:00
Core Insights - Taboola has partnered with BuzzFeed Asia to launch DeeperDive, a Gen AI answer engine designed to enhance user engagement and create new revenue streams for publishers [1][4][5] Group 1: Product Overview - DeeperDive integrates AI search capabilities directly on publisher websites, utilizing high-quality content from journalists to provide instant answers to user inquiries [2][7] - The service will initially be available in Singapore, Malaysia, and the Philippines, targeting key Southeast Asian markets [1] Group 2: User Engagement and Experience - The platform encourages users to ask questions and receive immediate, relevant answers, fostering a more interactive and engaging experience [3][7] - By offering multifaceted answers and links to related articles, DeeperDive aims to increase time spent on site and enhance reader loyalty [7] Group 3: Revenue Opportunities - DeeperDive presents a new monetization channel for publishers by allowing contextually relevant ads to be integrated into AI-generated results, capturing search-like advertising revenue [7] - This innovation positions publishers to leverage user inquiries as commercial opportunities while maintaining a seamless user experience [7]
Actelis Networks Continues Washington DC Department of Transportation Growth Path with Three New Orders, Following the $2.3 Million 2024 Deployment
Globenewswire· 2025-11-25 14:00
Core Insights - Actelis Networks has received follow-on orders from the Washington DC Department of Transportation (DDOT) totaling nearly $100,000, building on a previous $2.3 million order, indicating strong customer growth in modernizing intelligent transportation systems [1][2][4] - The successful deployment of Actelis' hybrid fiber-copper technology validates the collaboration between Actelis and local integration partners, showcasing the effectiveness of their solutions in enhancing DDOT's infrastructure [2][4] - Actelis' technology transforms legacy infrastructure into Gigabit-capable networks, enabling advanced applications such as real-time traffic signal optimization and video surveillance, which are crucial for managing urban traffic [3][4] Company Overview - Actelis Networks, Inc. is a leader in hybrid fiber-copper networking solutions, providing rapid deployment capabilities for IoT applications across various sectors including government and transportation [5] - The company's solutions offer fiber-grade performance while maintaining cost efficiency, positioning Actelis favorably in the market for intelligent transportation infrastructure [5] Industry Trends - The ongoing investment by DDOT reflects a broader trend among municipalities prioritizing hybrid fiber-copper solutions as cost-effective alternatives to full fiber deployments, indicating a shift in infrastructure modernization strategies [4]
BioStem Technologies Expands Product Access in Medicaid
Globenewswire· 2025-11-25 13:59
Florida Medicaid Adds BioStem’s VENDAJE® and VENDAJE AC® to Covered Skin Substitutes ListPOMPANO BEACH, Fla., Nov. 25, 2025 (GLOBE NEWSWIRE) -- BioStem Technologies, Inc. (OTC: BSEM), a leading MedTech company specializing in placental-derived biologics for advanced wound care, today announced expanded reimbursement with the inclusion of VENDAJE® and VENDAJE AC® in Florida Medicaid’s list of covered skin substitutes. This expansion marks a significant milestone in BioStem’s national reimbursement strategy, ...