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Day: January 16, 2024

Scorpio Tankers Inc. Announces an Agreement to Sell an MR Product Tanker and the Exercise of Purchase Options on Five Ships

MONACO, Jan. 16, 2024 (GLOBE NEWSWIRE) — Scorpio Tankers Inc. (NYSE:STNG) (“Scorpio Tankers” or the “Company”) announced today that it has entered into an agreement to sell an MR product tanker, and has exercised the purchase options on five ships. Sale of an MR Product Tanker The Company has entered into an agreement to sell the 2015 built MR product tanker, STI Tribeca, for $39.1 million. The sale of this vessel is expected to close within the first quarter of 2024. The Exercise of Purchase Options on Five Ships The Company has given notice to exercise its purchase options on one 2015 built MR product tanker (STI Westminster) and four 2014 built Handymax product tankers (STI Brixton, STI Comandante, STI Pimlico and STI Finchley). The purchases, which are expected to occur in the first half of 2024, will result in a debt reduction...

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Sisecam Finalizes Its Partnership Agreement With ICRON

Sisecam has finalized its partnership agreement with ICRON, a Turkish technology company that provides decision optimization services at operational and strategic levelsSISECAM FINALIZES ITS PARTNERSHIP AGREEMENT WITH ICRONSISECAM FINALIZES ITS PARTNERSHIP AGREEMENT WITH ICRONISTANBUL, Turkey, Jan. 16, 2024 (GLOBE NEWSWIRE) — Sisecam Investment B.V., a wholly-owned subsidiary of Sisecam, purchased shares in the Turkish technology company ICRON at the closing general meeting held on January 15, 2024. Sisecam Investment B.V. General Meeting was attended by Sisecam Chairman and Executive Member of the Board Prof. Dr. Ahmet Kırman, Sisecam CEO Görkem Elverici, ICRON Founding Partner A. Tamer Ünal, ICRON Chairman and CEO Gürer Ünal and ICRON Board Member Ahmet Ertuğrul. Some 3% of ICRON’s total shares were purchased...

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Iris Energy Secures Pathway to 20 EH/s in 2024 Via Miner Purchase Option

SYDNEY, Australia, Jan. 16, 2024 (GLOBE NEWSWIRE) — Iris Energy Limited (NASDAQ: IREN) (together with its subsidiaries, “Iris Energy” or “the Company”), a leading owner and operator of institutional-grade, highly efficient Bitcoin mining data centers powered by 100% renewable energy, today announced it is has entered into an agreement with Bitmain Technologies Delaware Limited (“Bitmain”) which provides a pathway to increase its self-mining capacity up to 20 EH/s in 2024. Key HighlightsImmediate focus on completing current expansion to 10 EH/s 10 EH/s of new Bitmain T21 miners secured for 2024 at a fixed price of $14/TH1:1 EH/s additional purchase to initiate growth beyond 10 EH/s 9 EH/s of miner purchase options exercisable in H2 2024Childress project can support expansion to 20 EH/s by end of the yearWith current operating...

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USI Consulting Group Acquires Burke Group

New Partnership Strengthens USICG’s New York-Based Retirement Consulting Expertise GLASTONBURY, Conn., Jan. 16, 2024 (GLOBE NEWSWIRE) — USI Consulting Group (“USICG”), a national industry-leading, full-service retirement plan consulting and benefits administration firm, today announced the acquisition of Rochester, New York-based Burke Group (“Burke”). Founded in 1989, Burke is a regional advisory services firm specializing in retirement plan consulting and administration, actuarial services and compensation consulting. As part of the deal, USICG will not acquire Burke’s compensation consulting business, and Burke will exit this business upon joining USICG. Terms of the transaction were not disclosed. “For more than 30 years, our team has maintained a strong identity as independent, thoughtful, transparent and objective advisors,”...

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Mercantile Bank Corporation Increases Regular Cash Dividend

Board declares $0.35 regular quarterly cash dividend on common stock, resulting in a current annual yield of approximately 3.7 percent GRAND RAPIDS, Mich., Jan. 16, 2024 (GLOBE NEWSWIRE) — Mercantile Bank Corporation (NASDAQ: MBWM) (“Mercantile”) announced today that on January 11, 2024, its Board of Directors declared a regular quarterly cash dividend of $0.35 per common share, payable on March 13, 2024, to holders of record as of March 1, 2024.   The $0.35 cash dividend is approximately 3 percent and 6 percent higher than the cash dividends paid during the fourth quarter and first quarter of 2023, respectively. “The Board’s declaration of an increased first quarter regular cash dividend reflects our unwavering commitment to provide shareholders with competitive returns on their investments,” said Robert B. Kaminski, Jr., President...

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Mercantile Bank Corporation Announces Strong Fourth Quarter and Full-Year 2023 Results

Significant increase in net interest income, robust loan growth, and ongoing strength in asset quality metrics highlight the year GRAND RAPIDS, Mich., Jan. 16, 2024 (GLOBE NEWSWIRE) — Mercantile Bank Corporation (NASDAQ: MBWM) (“Mercantile”) reported net income of $20.0 million, or $1.25 per diluted share, for the fourth quarter of 2023, compared with net income of $21.8 million, or $1.37 per diluted share, for the respective prior-year period. For the full-year 2023, Mercantile reported net income of $82.2 million, or $5.13 per diluted share, compared with net income of $61.1 million, or $3.85 per diluted share, for the full-year 2022. “We are very pleased to report another year of outstanding financial results,” said Robert B. Kaminski, Jr., President and Chief Executive Officer of Mercantile. “Our robust operating...

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Ress Life Investments A/S: Ress Life Investments A/S publishes financial calendar

Ress Life Investments A/SNybrogade 12 DK-1203 Copenhagen KDenmarkCVR nr. 33593163www.resslifeinvestments.comTo: Nasdaq CopenhagenDate: 16 January 2024 Corporate Announcement 2/2024 Ress Life Investments A/S publishes financial calendar The current financial year runs from 1 January to 31 December. Financial Calendar 20th March 2024 Annual Report ending 31 December 2023 17th April 2024 Annual General Meeting  22nd August 2024 Interim financial statement for the period from 1 January 2024 through 30 June 2024 Questions related to this announcement can be made to the company’s AIF-manager, Resscapital AB. Contact person:Gustaf Hagerudgustaf.hagerud@resscapital.comTel + 46 8 545 282 27AttachmentRess Life Investments AS – Company Announcement financial calendar 2024

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PR : Capgemini and Orange are pleased to announce the launch of commercial activities of Bleu, their future “cloud de confiance” platform

Capgemini and Orange are pleased to announce the launch of commercial activities of Bleu, their future “cloud de confiance” platform Paris, January 15, 2024 – Capgemini and Orange announced today that Bleu, a company they have jointly created, is now engaging with select French public and private organizations to ensure that they are ready for the migration, once the first services start to go live on the platform from the end of 2024. Bleu aims to obtain the SecNumCloud 3.2 qualification in 2025 for its services to offer “cloud de confiance”1 based on Microsoft technology. Capgemini and Orange launched Bleu in a strategic partnership with Microsoft, with the aim of meeting the specific cloud needs of the French State, public agencies, hospitals, regional authorities, Vital Importance Operators (OIVs) and Essential Service Operators...

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INVL Asset Management fund acquires 1,400 ha of forest in Romania

The INVL Sustainable Timberland and Farmland Fund II, a fund that invests in forest and land and whose investment portfolio is managed by INVL Asset Management, the leading Baltic alternative asset manager, completed a transaction to acquire nearly 1,400 hectares (ha) of forest in Romania. “We’re constantly on the lookout for new acquisitions in countries with a stable regulatory environment and an attractive investment return. This deal on the Romanian market expands the geography of the fund, which until now has invested in land and forests in Lithuania and Latvia,” says Martynas Samulionis, INVL Sustainable Timberland and Farmland Fund II’s managing partner. He says the Romanian market is one of the fastest growing in the European Union (EU), the country has a developed timber industry, and a lot is being invested in infrastructure...

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