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Press Release Database
Recent press releases, indexed by topic.
Finance · Legal
Investors who lost money in GIL after its stock plunged due to allegedly misleading financial statements are urged to contact Hagens Berman.
Oct 28 · 21:51·GlobeNewswire
Finance · Jobs & workplace
Panda reunites with Worksmith Founder and CEO Bryan Burkhart as the company completes the first phase of integrating Worksmith Workplace and Worksmith Workforce. AUSTIN, Texas, Oct. 28, 2026 -- Worksmith today announced the appointment of Sonu Panda as Chief Revenue...
Oct 28 · 21:50·PRWeb
Finance · Investing & markets
NEW YORK, October 28, 2026--Saba Capital Income & Opportunities Fund II (NYSE: SABA) (the "Fund"), a registered closed-end management investment company listed on the New York Stock Exchange, previously announced: (a) on October 1, 2026 a regular dividend (the "October Regular Dividend") of $0.058 per
Oct 28 · 21:45·Business Wire
Finance
ARLINGTON, Texas, October 28, 2026--Forestar Group Inc. (NYSE: FOR) today announced that Donald (Don) J. Tomnitz will retire as Executive Chairman of the Company's Board of Directors, effective October 31, 2026. Anthony (Andy) W. Oxley, who currently serves as President and Chief Executive Officer, wil
Oct 28 · 21:41·Business Wire
Finance
VANCOUVER, BC, Oct. 28, 2026 -- West Fraser Timber Co. Ltd. ("West Fraser" or the "Company") (TSX and NYSE: WFG) reported today the third quarter results of 2026 ("Q3-26"). The Company today also announced that it will indefinitely curtail its Huguley oriented strand board...
Oct 28 · 21:30·PR Newswire
Finance
HOUSTON, October 28, 2026--Cactus, Inc. (NYSE: WHD) ("Cactus" or the "Company") today announced financial and operating results for the third quarter of 2026. Third Quarter Highlights Revenue of $430.9 million and operating income of $94.0 million; Net income of $74.1 million and diluted earnings per C
Oct 28 · 21:30·Business Wire
Finance · Energy
Preliminary consolidated revenue of EUR 51.5 million in 9M 2026 (9M/2025: EUR 70.9 million)
Operating earnings (EBIT) of EUR 0.0 million (9M/2025: EUR 2.4 million)
Strategic initiatives consistently pursued, including expansion of the electromobility product portfolio, intensified international sales activities and reorganization measures
Revised forecast for 2026: consolidated revenue expected to range between EUR 75 million and EUR 85 million, with operating earnings (EBIT) expected to range between EUR -0.5 million and EUR -1.5 million
HAMM, GERMANY - October 28, 2026 - SMT Scharf AG (WKN A3DRAE; ISIN DE000A3DRAE2), one of the world’s leading suppliers of bespoke transport solutions and logistics systems for underground mining, generated consolidated revenue of EUR 51.5 million in the first nine months of 2026 based on preliminary figures (9M/2025: EUR 70.9 million) and reported operating earnings (EBIT) of EUR 0.0 million (9M/2025: EUR 2.4 million). Performance was primarily impacted by lower investment activity in the relevant markets for coal mining and tunnel logistics, which led to a significant decline in new systems business compared with the same period of the previous year. In addition to lower contribution margins due to reduced revenue, the result in the third quarter was burdened by the unexpected termination of a tunnel project in the Middle East. This resulted in non-recurring charges of EUR 0.6 million from the recognition of provisions.
Against this backdrop, and given the expectation that customers’ willingness to invest will remain subdued in the fourth quarter, the Managing Board has adjusted its forecast for the 2026 financial year and now expects consolidated revenue of between EUR 75 million and EUR 85 million, compared with the previous forecast range of EUR 95 million to EUR 115 million. EBIT is now expected to range between EUR -0.5 million and EUR -1.5 million, compared with the previous forecast range of EUR 1 million to EUR 2 million.
Longjiao Wang, Chief Executive Officer (CEO) of SMT Scharf AG, comments: “We remain focused on consistently implementing our adopted strategy and expanding our business with an extended product portfolio. To this end, we are pursuing targeted sales partnerships, for example with the CFH Group in Kazakhstan and South Africa, and continue to develop our electromobility product portfolio in close cooperation with selected partners. For example, our 19-seat personnel carrier and 8-tonne cargo vehicle have already received MA certification in China, confirming their suitability for safe use in potentially explosive underground environments. Although subdued investment activity in the mining equipment market is weighing on our business in the short term, we continue to see attractive business prospects for the SMT Scharf Group in the medium and long term.”
The full quarterly report as of 30 September 2026 will be published on 29 October 2026.
Company profile
The SMT Scharf Group develops, manufactures and services transportation equipment for underground mining as well as for tunnel construction. The main products include captivated railway systems that are deployed worldwide primarily in hard coal mines as well as in mines for gold, platinum and other metals. They are needed to transport material and personnel with payloads of up to 48 tonnes and on routes with gradients of up to 35 degrees. In addition, SMT Scharf supplies the mining sector with chairlifts. Since 2018, SMT Scharf’s diverse portfolio has also included rubber-tyred diesel and electric vehicles for mining and tunnelling, including loaders, scissor lifts and underground trucks. As part of the further diversification of the business, it is advancing the development and manufacture of battery-powered transport solutions. Overall, the SMT Scharf Group operates its own subsidiaries in seven countries and has agents around the world. Further information about the SMT Scharf Group can be found online at www.smtscharf.com.
Contact
Investor Relations
cometis AG
Thorben Burbach
Tel: +49(0)611 - 205855-23
Fax: +49(0)611 - 205855-66
E-mail: burbach@cometis.de
Oct 28 · 21:28·NewMediaWire
Finance
LAUSANNE, Switzerland & SAN JOSE, Calif., October 28, 2026--SIX Swiss Exchange Ad hoc announcement pursuant to Art. 53 LR — Logitech International (SIX: LOGN) (Nasdaq: LOGI) today announced that on October 28, 2026, it filed with the U.S. Securities and Exchange Commission (SEC) its Quarterly Report o
Oct 28 · 21:24·Business Wire
Finance · Banking
INDIANA, Pa., Oct. 28, 2026 -- The Board of Directors of S&T Bancorp, Inc. (S&T) (NASDAQ: STBA), the holding company for S&T Bank, approved a $0.38 per share cash dividend on October 28, 2026. This is an increase of $0.01, or 2.70 percent, compared to a cash dividend of $0.37...
Oct 28 · 21:20·PR Newswire
Finance
Q3 2026 net revenue of $349.5 million, up 34% compared to $261.4 million in Q3 2025. Q3 2026 net income attributable to the Company of $41.7 million, or diluted earnings per share (EPS) of $1.46, compared to net loss of $(97.8) million, or diluted loss per share of $(3.37), in the prior year. Adjusted EBITDA of $100.1 mil
Oct 28 · 21:15·Business Wire
Finance
REVENUE OF $132.1 MILLION, UP 6% SEQUENTIALLY AND DOWN 2% YEAR-OVER-YEAR OPERATING INCOME OF $12.1 MILLION; EX-ITEMS, $12.6 MILLION, UP 35% SEQUENTIALLY AND DOWN 24% YEAR-OVER-YEAR GAAP EARNINGS PER SHARE OF $0.12; EPS EX-ITEMS OF $0.16, UP 46% SEQUENTIALLY AND DOWN 27% YEAR-OVER-YEAR...
Oct 28 · 21:15·PR Newswire
Finance · Energy
Integrated Energy Management This is the second utility bill audit acquisition this year for Environ, more than doubling capacity to deliver nationwide recovery analysis for clients. Vurge has built an exceptional reputation for uncovering utility savings opportunities that many organizations overlook. Clients have received measurable financial results.” — Chris Sternberg, CEO NY, NJ, UNITED STATES, October 28, 2026
Oct 28 · 21:13·EIN Presswire