Month: July 2023

NBT Bancorp Inc. Receives Regulatory Approval, Announces Date for Merger With Salisbury Bancorp, Inc.

Written by Customer Service on July 10, 2023. Posted in Mergers And Acquisitions.

ATTENTION: FINANCIAL AND BUSINESS EDITORS NORWICH, N.Y., July 10, 2023 (GLOBE NEWSWIRE) — NBT Bancorp Inc. (“NBT” or the “Company”) (NASDAQ: NBTB) announced that it has received regulatory approval to complete the proposed merger of Salisbury Bancorp, Inc. (“Salisbury”) with and into NBT and Salisbury Bank and Trust Company (“Salisbury Bank”) with and into NBT Bank, National Association (“NBT Bank”) (the “Merger”). The Office of the Comptroller of the Currency and the Connecticut State Banking Department both approved the Merger, and NBT received an application waiver from the Federal Reserve Bank of New York. The Merger is expected to close on August 11, 2023, subject to the satisfaction of customary closing conditions. A weekend systems conversion will follow with locations of Salisbury Bank opening as NBT Bank offices on August...

Oliveda International, Inc. Announces New Waterless Beauty Products from Oliveda and Affiliated Brands

Written by Customer Service on July 10, 2023. Posted in Public Companies.

The Olive Tree People subsidiary expects to grow to over 30,000 Waterless Beauty Consultants in the next 18 months Santa Monica, CA, July 10, 2023 (GLOBE NEWSWIRE) — Oliveda International, Inc. (OTC Pink: OLVI) today announced new products in its waterless beauty lines by subsidiary, Olive Tree People, and its affiliated brands. The new products include Oliveda’s F86 Corrective Vegan Hyaluronic Serum Face, which provides a highly effective combination of the protective and regenerating hydroxytyrosol with vegan hyaluronic acid, which provides a plump and moisturized skin. More information on the F86 Corrective Vegan Hyaluronic Serum Face and all products from Oliveda, LA Dope, and The Intuition brands can be found at https://us.olivetreepeople.com. In order to develop a cream with 70% water, a lot of preservatives and up to 25%...

AAR named to Newsweek’s America’s Greatest Workplaces 2023

Written by Customer Service on July 10, 2023. Posted in Public Companies.

This award recognizes AAR’s commitment to empowering, promoting, developing, and supporting employees.America’s Greatest Workplaces logo AAR named to Newsweek’s America’s Greatest Workplaces 2023Wood Dale, Illinois, July 10, 2023 (GLOBE NEWSWIRE) — AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, announced that it has been recognized as one of America’s Greatest Workplaces 2023 by Newsweek and Plant-A Insights Group. America’s Greatest Workplaces 2023 recognizes the best workplaces in the United States overall by state and based on their performance in the following areas: empowerment of women, promotion of veterans, development of entry-level employees, and support for LGBTQ associates. To determine the ranking, Newsweek and Plant-A Insights...

Saratoga Investment Corp. Announces Fiscal First Quarter 2024 Financial Results

Written by Customer Service on July 10, 2023. Posted in Earnings Releases And Operating Results.

NEW YORK, July 10, 2023 (GLOBE NEWSWIRE) — Saratoga Investment Corp. (NYSE:SAR) (“Saratoga Investment” or “the Company”), a business development company (“BDC”), today announced financial results for its 2024 fiscal first quarter, with Net Investment Income (“NII”) per share up 67% and 105% over last quarter and last year’s first quarter, respectively, and adjusted NII per share up 10% and 104%, respectively, over those same periods. These substantial increases in earnings reflect growth in Assets under Management (“AUM”) and margin improvement from rising rates on Saratoga Investment’s largely floating rate assets, which comprise approximately 99% of the Company’s AUM, while costs of financing liabilities remain largely fixed. Summary Financial Information The Company’s summarized financial information is as follows: For...

CalAmp Reports First Quarter Fiscal Year 2024 Financial Results

Written by Customer Service on July 10, 2023. Posted in Earnings Releases And Operating Results.

Gross Margin increases 280 basis points and Adjusted EBITDA remained strong in the quarter at $6.0 million The Company’s Board of Directors has decided to explore strategic alternatives IRVINE, Calif., July 10, 2023 (GLOBE NEWSWIRE) — CalAmp (Nasdaq: CAMP), a connected intelligence company that helps organizations monitor, track and protect their vital assets, today reported financial results for its first quarter of fiscal year 2024 ended May 31, 2023. First Quarter Fiscal Year 2024 Financial OverviewTotal revenue was $70.9 million in the quarter, a $7.6 million decline sequentially and $6.2 million increase year over year. Software and Subscription Services (S&SS) revenue was $45.0 million in the quarter, down $6.4 million sequentially and up $5.4 million year over year. Telematics Products revenue was $25.9 million,...

TFI International to Release 2023 Second Quarter Results

Written by Customer Service on July 10, 2023. Posted in Earnings Releases And Operating Results.

MONTREAL, July 10, 2023 (GLOBE NEWSWIRE) — TFI International Inc. (NYSE and TSX: TFII), a North American leader in the transportation and logistics industry, today announced that it will release its financial results for the second quarter ended June 30, 2023 via news release on Monday, July 31, 2023 after market close. The company will host a conference call for the investment community with Alain Bédard, Chairman, President and Chief Executive Officer, on Tuesday, August 1, 2023 at 8:30 a.m. Eastern Time, to discuss results. Business media are also invited to listen to the call. Please dial in 10 minutes prior to the start of the call. Details of conference call:Date: Tuesday, August 1, 2023 Time: 8:30 a.m. Eastern Time Call-in number: 1-877-704-4453 or 1-201-389-0920A recording of the call will be available until Tuesday,...

TSS, INC. APPOINTS JANET MORRISON, SPHR, GPHR, AS ITS NEW CHIEF PEOPLE OFFICER

Written by Customer Service on July 10, 2023. Posted in Public Companies.

Janet Morrison TSS, INC. APPOINTS JANET MORRISON, SPHR, GPHR, AS ITS NEW CHIEF PEOPLE OFFICERROUND ROCK, Texas, July 10, 2023 (GLOBE NEWSWIRE) — TSS Inc., a top-tier provider of data center facilities and technology solutions, has appointed Janet Morrison as its new Chief People Officer (CPO), effective July 10, 2023. With this appointment, TSS reaffirms its commitment to a thriving organizational culture and a positive employee experience. Morrison’s impressive credentials as an SPHR and GPHR-certified global HR leader and people developer make her an ideal candidate to support TSS’s growth and success. In her new role, Morrison will oversee the company’s human resources strategy, talent acquisition, employee engagement, corporate communication, and overall organizational development initiatives. “We...

Aerojet Rocketdyne Develops and Successfully Tests New Solid Rocket Motor for Kratos’ Zeus Program

Written by Customer Service on July 10, 2023. Posted in Public Companies.

Zeus 1 Motor Test Successful test of the Zeus 1 solid rocket motor for Kratos at Aerojet Rocketdyne’s Camden, Arkansas facilityHUNTSVILLE, Ala., July 10, 2023 (GLOBE NEWSWIRE) — Aerojet Rocketdyne has successfully developed and static-fire tested the Zeus 1, an advanced stage 1 Large Solid Rocket Motor (LSRM) for Kratos. The motor met or exceeded performance expectations. “Congratulations to the Aerojet Rocketdyne and Kratos teams for this outstanding achievement,” said Eileen P. Drake, Aerojet Rocketdyne CEO and president. “This test validated the robustness of our innovative motor design for an affordable hypersonic application, and further demonstrated our large solid rocket motor capabilities at Camden, where we support multiple industry customers to power various defense programs.” The motor was developed by Aerojet Rocketdyne...

TC Energy’s Pumped Storage Project moving to final evaluation

Written by Customer Service on July 10, 2023. Posted in Public Companies.

Made-in-Ontario: a solution to accelerate the province’s ambitious plans for clean economic growth TORONTO, July 10, 2023 (GLOBE NEWSWIRE) — News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) welcomes today’s announcement from the Government of Ontario, which outlines a sustainable road map towards achieving an emission-free electricity sector. As part of the announcement, the Ministry of Energy will now commence a final evaluation on the proposed Ontario Pumped Storage Project (the Project) and render a decision by the end of the year. Ontario Pumped Storage is a made-in-Ontario solution that would keep jobs at home and rely on safe domestic supply chains. Proposed for development by TC Energy and its prospective partner Saugeen Ojibway Nation, Ontario Pumped Storage would be Ontario’s largest energy...

Univest Financial Corporation to Hold Second Quarter 2023 Earnings Call

Written by Customer Service on July 10, 2023. Posted in Public Companies.

SOUDERTON, Pa., July 10, 2023 (GLOBE NEWSWIRE) — Univest Financial Corporation (Nasdaq: UVSP), parent company of Univest Bank and Trust Co. and its insurance, investment and equipment finance subsidiaries, announced it will host a conference call to discuss its second quarter 2023 earnings on Thursday, July 27, 2023 at 9:00 a.m. Earnings are scheduled to be released after the close of the market on Wednesday, July 26, 2023. Pre-registrationTelephone participants may avoid any delays by pre-registering for the call using the following link. Conference Call registration link: https://conferencingportals.com/event/QPDnglhR AudioDial in number: 1-888-330-2398Conference ID: 38917Note: Participants who are unable to pre-register should dial in a few minutes prior to the start time. ReplayDial in number: 1-800-770-2030Conference ID: 38917Available...

Month: July 2023

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