The Eastern Company Declares 337th Consecutive Quarterly Cash Dividend
SHELTON, CT / ACCESSWIRE / October 30, 2024 / The Eastern Company (NASDAQ:EML) today announced the declaration of its regular quarterly cash dividend of eleven cents ($0.11) per share, payable December 13, 2024, to common shareholders of record as of November 15, 2024. This dividend represents the Company's 337th consecutive quarterly dividend.
Beyond Oil Expands Sales into Eastern Europe with 16 Ton Order from Franchisee of Global Fast-Food Chain
Order Represents Major Milestone in Advancing Beyond Oil's Global Expansion VANCOUVER, BC and KIBBUTZ YIFAT, ISRAEL / ACCESSWIRE / October 29, 2024 / Beyond Oil Ltd. (CSE:BOIL)(OTCQB:BEOLF)(Frankfurt:UH9) ("Beyond Oil" or the "Company"), a food-tech innovation company dedicated to reducing health risks associated with fried food while lowering operational costs, minimizing waste, and enhancing sustainability, is pleased to announce that it has expanded its geographic reach in its global commercialization efforts.
Electric Metals Announces Stock Option Grant
TORONTO, ON / ACCESSWIRE / October 23, 2024 / Electric Metals (USA) Limited ("EML" or the "Company") (TSXV:EML)(OTCQB:EMUSF) announces that it has granted, under its Omnibus Equity Incentive Plan, a total of 7,500,000 stock options to directors and officers. One million of the stock options vest on February 1, 2025 and have an exercise price of C$0.25.
Bets oil will hit $100 a barrel surge on fears of wider Middle Eastern war
Options traders have made record bets that will pay off if Middle East tensions push oil toward $100 a barrel.
Bolstered By M&A, Eastern Bankshares Still Offers Compelling Long-Term Value
Shares of Boston-based Eastern Bank have done well since my opening piece late last year, modestly outperforming peers with a ~40% total return. Earnings are still under pressure here from rising funding costs and Eastern's balance sheet positioning, though lower rates and the recently completed Cambridge deal offer strong near-term upside. These shares trade for 11.5x 2025 consensus EPS. Eastern's Boston-heavy footprint makes for a fine standalone investment case, while its excellent funding profile offers investors M&A optionality on top.
Metallurgical Tests Yield High-Purity Manganese Sulfate Monohydrate from the Emily Manganese Deposit, Minnesota
Leach Extractions of 95% or Higher Were Achieved TORONTO, ON / ACCESSWIRE / September 24, 2024 / Electric Metals (USA) Limited ("EML" or the "Company") (TSXV:EML)(OTCQB:EMUSF) is pleased to announce the successful results of metallurgical testing on the Emily manganese deposit, located in Minnesota, United States. Kemetco Research Inc. conducted the testing program, successfully demonstrating the capability of producing high-purity manganese sulfate monohydrate (HPMSM) from manganese samples recovered from the 2023 drill program at the Emily manganese deposit.
Chip Giants TSMC and Samsung Discuss Building Middle Eastern Megafactories
Potential projects in the United Arab Emirates could be worth more than $100 billion, though major hurdles remain.
Electric Metals Announces Changes to its Board of Directors
TORONTO, ON / ACCESSWIRE / September 20, 2024 / Electric Metals (USA) Limited ("EML" or the "Company") (TSXV:EML)(OTCQB:EMUSF) announces that it has accepted the resignations of Megan McElwain and John Kutkevicius from the board as they pursue other endeavors. The Company would like to thank Ms.
REMINDER: Jaguar Health to Hold Investor Webcast Tuesday, August 13th at 8:30 AM Eastern to Review Q2 Earnings and Further Review Phase 3 OnTarget Trial's Clinically Meaningful Results in Breast and Lung Cancer Patients
Jaguar to explore approval pathway for crofelemer in breast and lung cancer based on phase 3 results Click here to register for investor webcast Company plans to file its Earnings Report on August 13, 2024 on Form 10-Q for the quarter ended June 30, 2024 SAN FRANCISCO, CA / ACCESSWIRE / August 12, 2024 / Jaguar Health, Inc. (NASDAQ:JAGX) today issued a reminder that the company will conduct an investor webcast on Tuesday, August 13, 2024 at 8:30 a.m. Eastern to review second-quarter 2024 financials and provide corporate updates.
The Eastern Company (EML) Q2 2024 Earnings Call Transcript
The Eastern Company (NASDAQ:EML ) Q2 2024 Results Conference Call August 7, 2024 11:00 AM ET Company Participants Marianne Barr - Treasurer & Corporate Secretary Mark Hernandez - President, CEO & Director Nicholas Vlahos - CFO & VP Operator Greetings. Welcome to the Eastern Company's Second Quarter Fiscal Year 2024 Earnings Call.
Eastern (EML) Q2 Earnings Rise Y/Y on Strong Truck Mirror Sales
Eastern (EML) posted second-quarter fiscal 2024 net income per share of 56 cents, a nearly 155% increase from the prior-year quarter, driven by robust demand in key product lines and strategic adjustments.
The Eastern Company Reports Second Quarter 2024 Results
Net income for Q2 2024 rises to $3.5 million, or $0.56 per diluted share, compared to net income of $1.4 million, or $0.22 per diluted share, for Q2 2023. Gross margin increases to 25% in Q2 2024 compared to 22% in Q1 2023.
