CALGARY, Alberta, Aug. 09, 2018 (GLOBE NEWSWIRE) — Maxim Power Corp. (“MAXIM” or the “Corporation”) announced today the release of financial and operating results for the second quarter ended June 30, 2018. The unaudited condensed consolidated interim financial statements, accompanying notes and Management Discussion and Analysis (“MD&A”) will be available on SEDAR and on MAXIM’s […]
Snap Loses Users in 2nd Quarter
CBJ — Snap Inc.’s Snapchat app unexpectedly lost users in the second quarter. Daily users fell to 188 million from 191 million in the prior quarter, which could heighten investor anxiety about how competition and privacy issues are affecting Snap and its peers. The social media platform has never had a profitable quarter since debuting […]
Blockchain For Global Shipping
CBJ — Nearly 100 companies and organizations have joined a blockchain platform developed by IBM in partnership with Maersk, the large international shipping conglomerate. The partnership is aimed at improving efficiency and limiting the large paper trail of global container shipping in an industry that has seen very little innovation over the past 60 years. […]
Breweries Respond to ‘Buck a Beer’
CBJ — A number of Ontario craft breweries have already made it known they are opting out of the province’s new buck-a-beer plan, arguing it would lower the quality of their product and force them to pay their staff less. Ontario Premier Doug Ford announced the province would decrease the lowest legal price to allow […]
General Features of Ontario Limited Partnerships
An Ontario limited partnership is a form of general partnership, which is one of three ways of organizing a business in Ontario. There are four characteristics that distinguish a limited partnership from a general partnership: It is operated by a single general partner with unlimited liability, supported by other “limited partners.” The single general partner […]
Common Use of Canada Limited Partnerships
A Canada limited partnership (LP) is a partnership among persons carrying on business in common. It is composed of a general partner (or partners) and one or more limited partners. The limited partners benefit from limited liability. In a Canadian Limited partnership, management is conducted by the general partner(s), who is/are fully liable for all […]
Common Use of Ontario Limited Partnerships
An Ontario limited partnership (LP) is a partnership among persons carrying on business in common. It is composed of a general partner (or partners) and one or more limited partners. The limited partners benefit from limited liability. In an Ontario Limited partnership, management is conducted by the general partner(s), who is/are fully liable for all […]
Pine Cliff Energy Ltd. Announces Second Quarter 2018 Results
CALGARY, Alberta, Aug. 08, 2018 (GLOBE NEWSWIRE) — Pine Cliff Energy Ltd. (“Pine Cliff” or the “Company”) (TSX: PNE) is pleased to announce the filing of its second quarter financial and operating results. Included in the filings were Pine Cliff’s unaudited interim condensed consolidated financial statements and related management’s discussion and analysis for the three […]
Parex Announces 2018 Second Quarter Results
CALGARY, Alberta, Aug. 08, 2018 (GLOBE NEWSWIRE) — Parex Resources Inc. (“Parex” or the “Company”) (TSX:PXT), a company focused on Colombian oil exploration and production, announces its unaudited financial and operating results for the three months ended June 30, 2018 (“Second Quarter” or “Q2”). All amounts herein are in United States dollars (“USD”) unless otherwise stated. […]
PennantPark Investment Corporation Announces Financial Results for the Quarter Ended June 30, 2018
NEW YORK, Aug. 08, 2018 (GLOBE NEWSWIRE) — PennantPark Investment Corporation (NASDAQ: PNNT) announced today financial results for the third fiscal quarter ended June 30, 2018. HIGHLIGHTSQuarter ended June 30, 2018($ in millions, except per share amounts) Assets and Liabilities: Investment portfolio $ 1,024.7 Net assets […]
