Core Viewpoint - AngloGold Ashanti plc has reached a new 52-week high of $47.77 following the announcement of the sale of its interest in the Mineração Serra Grande mine to Aura Minerals Inc, which is aimed at optimizing its portfolio [1]. Financial Details of the Deal - The sale of Mineração Serra Grande S.A. to Aura will be for a cash consideration of $76 million, subject to working capital adjustments at closing. Additionally, AngloGold Ashanti will receive deferred payments equivalent to a 3% net smelter returns royalty on the mine's current mineral resources [2][7]. Strategic Decision - The MSG mine, located in Goiás, includes three mechanized underground mines and an open pit, with a dedicated metallurgical plant having an annual capacity of 1.5 million tons. Recent priorities have included stabilizing operations and decommissioning the legacy tailings storage facility [3]. Production and Cost Analysis - The MSG mine produced 80,000 ounces of gold in 2024 and 86,000 ounces in 2023. It is characterized as one of AngloGold Ashanti's higher-cost and lower-production operations, and the sale is expected to enhance capital allocation and operational efficiencies [4][7]. Transaction Details - The transaction will exclude subsidiaries of Mineração Serra Grande S.A. that hold non-core assets, which will be retained by AngloGold Ashanti and transferred out through a spin-off before closing. The deal is anticipated to close in the third quarter of 2025, pending closing conditions [5]. Stock Performance - AngloGold Ashanti's shares have increased by 100.6% over the past year, significantly outperforming the industry average growth of 42.9% [6].

Core Insights - AvalonBay Communities (AVB) reported a 3% year-over-year increase in same-store residential revenues for the two months ended May 31, 2025, exceeding internal projections by 35 basis points [1][8] - The company's occupancy rate stands at 96.3%, an improvement from 96.0% in the first quarter, with effective rent change increasing from 1.7% in Q1 to 2.3% in April and May [1][8] Operational Efficiency - AVB has transformed into a digitally enabled and highly efficient operator, achieving $39 million in annual incremental NOI through year-end 2024 and projecting an additional $9 million in 2025, aiming for a total of $80 million [2] - The company has completed $1.1 billion in acquisitions at an average price of $260,000 per home and disposed of $955 million in assets at $465,000 per home, increasing suburban allocation to 73% with targets of 80% suburban and 25% expansion market allocation [3] Growth Strategy - A significant $620 million acquisition in Texas enhances AVB's scale and presence in high-growth metropolitan areas, with $3 billion in development projects underway, projected to yield 6.3% initial stabilized returns [4] - The financial foundation of AVB is robust, with A3/A- credit ratings, $2.8 billion in liquidity, and a 4.3x net debt-to-Core EBITDAre ratio, allowing for flexible growth opportunities [5] Market Position - AvalonBay is positioned as a high-quality multifamily REIT with strong internal growth and disciplined capital management, focusing on operational innovation and capital recycling in resilient rental markets [6] - Despite a recent 3.5% decline in share price, which is slightly better than the industry's 4.8% decline, AVB remains a compelling long-term investment opportunity [7]

ATLANTA, GA., June 02, 2025 (GLOBE NEWSWIRE) -- Americold, a global leader in temperature-controlled storage, logistics and facilities solutions, and value-added services, today announced a series of executive leadership appointments. These changes are part of the company’s ongoing strategy to enhance operational execution, deepen customer relationships, and unlock global growth opportunities. Americold has created a new executive role, President, and appointed Rob Chambers to the position. In this capacit ...

SINGAPORE, May 27, 2025 (GLOBE NEWSWIRE) -- Multi Ways Holdings Limited (“Multi Ways”, the “Company” or the “Issuer”) (NYSE American: MWG), a leading supplier of a wide range of heavy construction equipment for sales and rental in Singapore and the surrounding region, today announced fiscal year 2024 financial results. "We are pleased to report on the strategic advancements Multi Ways Holdings Limited has achieved over the past year," said Mr. James Lim, Chairman and Chief Executive Officer of Multi Ways Ho ...

Company Overview - TOUAX Group specializes in leasing tangible assets such as freight railcars, river barges, and containers on a daily basis globally, both for its own account and on behalf of third-party investors [5] - The company manages €1.2 billion in assets, positioning itself as one of the European leaders in operational leasing of this equipment [5] - TOUAX SCA is listed on EURONEXT Paris Compartment C and is included in the CAC® Small and CAC® Mid & Small indexes [5] Shareholders' Meeting - The combined Annual Shareholders' Meeting is scheduled for June 12, 2025, at 3:00 p.m. at Châteauform' Learning Lab La Défense, Puteaux, France [2] - Official announcements regarding the meeting were published in the BALO on May 7, 2025 [2] - Shareholders can access relevant documents and information as per French laws, available on the company's website or upon request via mail or email [3][4]

Company Overview - Kinross Gold is a senior gold mining company with a diverse portfolio of mines located in the United States, Brazil, Chile, Mauritania, and Canada, focusing on operational efficiency, cost control, and strategic asset optimization [2] Earnings Estimates - Over the last 60 days, four analysts have increased their earnings estimates for Kinross Gold for both the current year and the next year, indicating positive revision activity [3] - The Zacks Consensus Estimate for 2024 has risen to $1.04 from $0.77 just two months ago, while next year's estimate increased from $0.80 to $1.16 [3][4] Growth Projections - Current year EPS growth is projected at 52.94%, with next year expected to grow another 12.3% to $1.16 [4] Macro Environment - Gold prices are reaching record highs, driven by both short-term safe-haven demand and longer-term trends, with expectations that the Federal Reserve will act soon, leading to a weaker dollar and lower real yields, which are favorable for gold prices [5] Cost Structure - Kinross Gold's all-in sustaining costs (AISC) are trending toward the lower end of its peer group, positioning the company to benefit significantly from any increase in gold prices [6] - If gold prices remain above $2,300 per ounce, Kinross is expected to be not just profitable but highly profitable [6]

Core Viewpoint - Premier Health of America Inc. reported a significant decline in revenues and increased net loss for the second quarter ended March 31, 2025, primarily due to the impact of Quebec's Bill 10 and operational challenges in British Columbia [1][4][10]. Financial Performance - Revenues for Q2 2025 were CAD 27.1 million, down from CAD 46.3 million in Q2 2024, representing a decrease of approximately 41.4% [3]. - Gross margin for Q2 2025 was CAD 4.5 million, compared to CAD 8.5 million in Q2 2024, with gross margin as a percentage of revenues decreasing from 18.4% to 16.7% [3]. - Adjusted EBITDA for Q2 2025 was CAD 0.5 million, down from CAD 2.6 million in the same period of 2024 [10]. - The net loss for Q2 2025 was CAD 3.1 million, compared to a loss of CAD 1.5 million in Q2 2024 [10]. Operational Challenges - The implementation of Quebec's Bill 10 has significantly impacted the Per Diem segment, which now accounts for about 4% of revenues and 5% of gross margins [4]. - The travel nurse and northern communities' services are performing well, except for a volume reduction in British Columbia due to health authorities' service acquisition centralization efforts [5]. - The company is undergoing a reorganization of its Quebec operations, including workforce reductions and termination of targeted office leases, with cost savings expected to continue in the coming quarters [6]. Strategic Focus - The company is shifting its focus from the Per Diem segment to Travel Nurses and is exploring opportunities in the Home Care sector [7]. - The CFO, Guy Daoust, has taken on the role of interim CEO, emphasizing the need for further steps to adapt to ongoing operational challenges [5][7].

Core Viewpoint - Trio Petroleum Corp has successfully acquired additional petroleum and natural gas properties from Novacor Exploration Ltd, positioning the company for growth in the heavy oil sector of Lloydminster, Saskatchewan, which is recognized for its potential in long-term production and reserve growth [1][2]. Acquisition Details - The acquisition includes the remaining Novacor TWP47 assets located in the South-West quarter of Section 19, Township 47, Range 26W3M, and the Northeast Section 3, Township 48, Range 24W3M, both in the Lloydminster area [2]. - The total purchase price for the acquisition was US$650,000 in cash and 526,536 shares of common stock, with an initial good faith deposit of $65,000 [6]. Production and Operational Insights - There are currently seven producing wells on the acquired properties, with production from Section 19 subject to Freehold Royalties of 13.5% and a GORR of 2%, while Section 3 has Freehold Royalties of 15% [2]. - Novacor, as the operator, has the capability to rapidly double production, and the area is home to major industry players, indicating a competitive environment for heavy oil production [2]. Cost Management and Efficiency - Novacor's current lift cost is CDN $10.00 per barrel, which is considered competitive and is expected to help maintain profitability even in lower oil price environments [4]. - The company emphasizes its commitment to cost management and efficient production techniques, which are believed to provide a significant advantage in navigating market fluctuations [4]. Strategic Growth Plans - Trio plans to aggressively expand its footprint in the area, leveraging Novacor's operational efficiencies, and aims to deliver consistent value to shareholders through disciplined operations and cost management [5]. - The immediate plan includes initiating a workover program to increase production on the newly acquired assets, with expectations of reflecting benefits in the upcoming quarters [5].

Core Insights - Park Aerospace Corp. (PKE) shares increased by 3.4% following the release of fiscal Q4 2025 results, outperforming the S&P 500's 1.1% gain during the same period, but underperformed the broader market's 12.6% rise over the past month, indicating muted investor enthusiasm despite the earnings uptick [1] Financial Performance - For fiscal Q4 2025, Park Aerospace reported earnings per share (EPS) of 6 cents, down from 13 cents in the same quarter last year. Excluding special items, EPS was 12 cents, slightly up from 11 cents year-over-year. Net sales reached $16.9 million, a modest increase from $16.3 million in the prior year. Net earnings before special items were $2.4 million, nearly flat compared to $2.3 million a year earlier. Including special items, net earnings fell to $1.3 million from $2.7 million, a decline of 53.4% due to a $2.2 million non-cash tax charge related to potential repatriation from the Singapore subsidiary [2] - Gross margin improved to 29.3% from 27.3% a year earlier, with gross profit rising to $5 million from $4.5 million. Operating income grew to $2.9 million from $2.6 million. Selling, general and administrative (SG&A) expenses increased to $2.1 million from $1.9 million, maintaining a stable percentage of sales at 12.4% compared to 11.5% [3] - Adjusted EBITDA for the quarter reached $3.4 million, up from $3.2 million in the prior-year period [4] Management Commentary - The Chairman and CEO emphasized operational discipline and transparency, avoiding typical guidance ranges and instead explaining known business dynamics. The fiscal Q4 benefited from a reduction in excess inventory buildup from the previous quarter, positively impacting margins and earnings performance [5] - The President and COO noted customer-driven ramp-ups, particularly around the "Juggernaut" program with GE Aerospace, which supported the recovery of factory output levels. Management reiterated its intent to maintain strong pricing and profitability standards across its aerospace and defense customer base [6] Factors Influencing Results - The quarter was impacted by a $1.1 million storm damage charge related to the Newton, Kansas facility, compressing reported GAAP earnings. Additionally, a $2.2 million non-cash tax charge related to potential repatriation from the Singapore subsidiary and a $0.1 million tax benefit linked to expiring tax statutes weighed on the bottom line despite operational improvements [7] - Management indicated that the year's performance was uneven, with earlier quarters affected by customer order timing, inventory adjustments, and production inefficiencies. By the end of fiscal 2025, operations appeared to stabilize with leaner inventory levels and improving finished goods turnover [8] Fiscal 2025 Update - Full-year revenues rose by 10.8% to $62 million from $56 million in fiscal 2024. GAAP net earnings totaled $5.9 million, down 21.3% from $7.5 million. Adjusted EPS was 29 cents compared to 37 cents in the prior year, while excluding special items, EPS stood at 39 cents, up from 38 cents in the prior year [9] - Adjusted EBITDA improved by 6% to $11.7 million from $11 million, driven by cost containment and higher capacity utilization in the final quarter [10] Guidance - The company anticipates ongoing benefits from higher production volumes tied to long-term aerospace contracts. However, first-quarter fiscal 2026 sales could dip sequentially to between $5.2 million and $5.6 million, reflecting quarterly variability and order timing rather than underlying demand weakness [11] Other Developments - During the quarter, Park Aerospace finalized a new supply agreement with an Asian customer for ablative materials for hypersonic missile applications and confirmed a licensing arrangement with an unnamed OEM for Iron Dome-like defense technology, reflecting progress in expanding its presence in strategic aerospace and defense sectors [12] - The company is exploring a major manufacturing expansion, potentially at its Newton, Kansas site or elsewhere, to scale for future aerospace programs, indicating long-term capital planning in anticipation of sustained industry demand [13]

Core Viewpoint - FONAR Corporation's stock has significantly outperformed the S&P 500 Index following the release of its fiscal third-quarter earnings, indicating strong market confidence in the company's performance and growth potential [1]. Financial Performance Overview - For the quarter ended March 31, 2025, FONAR reported a 5.6% year-over-year increase in total net revenues, reaching $27.2 million compared to $25.7 million in the prior year [2]. - Net income attributable to the company increased by 25.8% to $3.1 million from $2.5 million a year earlier, despite a 2.2% decline in income from operations [2]. - Diluted net income per common share surged 37% to $0.37, up from $0.27 in the third quarter of fiscal 2024 [2]. - Management and other fees rose 6.4% to $12.9 million, while service and repair fees increased by 26.2% to $2.3 million [2]. - Patient fee revenues increased by 2.8% to $8.9 million, but product sales dropped 50% to $55,000 [2]. Operational Efficiency and Business Metrics - Total costs and expenses increased by 6.9% to $23.5 million, with SG&A expenses rising 5.2% to $7.9 million [3]. - Despite the increase in expenses, FONAR reported a solid net margin improvement due to revenue growth and a lower tax provision of $1 million, down from $1.8 million [3]. Balance Sheet and Liquidity - Total assets slightly increased to $214.9 million as of March 31, 2025, while total liabilities declined to $54.7 million [4]. - The current ratio improved to 10.0, indicating robust short-term liquidity [4]. - Working capital increased by 4% to $127.1 million, and net book value per common share rose by 5% to $25.98 [4]. Cash Flow and Management Commentary - Operating cash flow for the nine months ended March 31, 2025, was $7 million, down from $9.5 million in the prior year [5]. - Chairman and CEO Timothy Damadian highlighted record-setting scan volumes as a key driver of revenue growth, with 54,612 MRI scans completed in the third quarter, a 2.8% sequential increase [6]. - The hybrid model of combining high-field MRIs with Stand-Up MRIs is attracting a broader physician referral base and alleviating patient backlogs [7]. Drivers Behind Financial Performance - The increase in net income was primarily driven by lower income tax provisions and stable investment income, despite modest revenue gains [8]. - Careful expense management and optimized operational efficiencies contributed to bolstering the bottom line [8]. - Revenue diversification through services and management fees contributed to a more balanced earnings profile [9]. Challenges and Other Developments - FONAR faced challenges from rising SG&A expenses and a decline in product sales, attributed to utility charges and receivables-related reserves [10]. - Under a stock repurchase plan, FONAR has repurchased 373,942 shares at a cost of approximately $6.1 million as of March 31, 2025 [11].