Day: January 29, 2024

German American Bancorp, Inc. (GABC) Posts Solid 4th Quarter and Annual 2023 Earnings; Declares 8% Cash Dividend Increase

Written by Customer Service on January 29, 2024. Posted in Dividend Reports And Estimates.

JASPER, Ind., Jan. 29, 2024 (GLOBE NEWSWIRE) — German American Bancorp, Inc. (Nasdaq: GABC) reported solid annual earnings of $85.9 million, or $2.91 per share, for the year ended December 31, 2023, representing the second highest level of earnings per share in the Company’s history. This level of reported annual earnings resulted in a 14.7% return on average shareholders’ equity, marking the 19th consecutive fiscal year in which the Company has delivered a double-digit return on shareholders’ equity. The Company also announced the declaration of an 8% increase in its quarterly cash dividend, marking the 12th consecutive year of increased cash dividends. The Company’s 2023 reported net income represented an increase of $4.1 million, or approximately 5% on a per share basis, over 2022 net income of $81.8 million, or $2.78 per share,...

Range Impact Announces Former Ohio Congressman Zack Space and Former Ohio Senator Jay Hottinger Have Joined the Company as Strategic Advisors

Written by Customer Service on January 29, 2024. Posted in Public Companies.

CLEVELAND, OHIO, Jan. 29, 2024 (GLOBE NEWSWIRE) — Range Impact, Inc. (OTC: RNGE) (“Range Impact”), a public company dedicated to improving the health and wellness of people and the planet through a novel and innovative approach to impact investing, today announced the appointment of former U.S. Congressman Zack Space and former Ohio State Senator Jay Hottinger, President and Executive Vice President, respectively, of Sunday Creek Horizons LLC (“Sunday Creek Horizons”), as Strategic Advisors. In May 2023, Range Impact engaged Sunday Creek Horizons, an Athens, Ohio-based consultancy focused on improving the health, wealth and quality of life of citizens living in the rural communities of Appalachia. Since that time, Sunday Creek Horizons has been instrumental in advancing Range Impact’s mission-driven vision of acquiring, reclaiming...

Blue World Acquisition Corporation Announces Liquidation of Investments Held in the Trust Account into Cash

Written by Customer Service on January 29, 2024. Posted in Public Companies.

New York, Jan. 29, 2024 (GLOBE NEWSWIRE) — Blue World Acquisition Corporation (the “Company”) (NASDAQ: BWAQ) today announced that it has instructed Continental Stock Transfer & Trust Company (the “Trustee”) to liquidate the U.S. government treasury obligations and money market funds held in its trust account (the “Trust Account”) by January 31, 2024 and will hold all the funds from the Trust Account in cash at an interest bearing bank demand deposit account. The determination was made by the Company to mitigate the potential risks of being deemed to have been operating as an unregistered investment company for purposes of the Investment Company Act of 1940, as amended (the “Investment Company Act”). The Trustee will liquidate the U.S. government treasury obligations and money market funds held in the Trust Account by January...

ScottsMiracle-Gro Announces Timing of First Quarter 2024 Financial Results and Webcast

Written by Customer Service on January 29, 2024. Posted in Public Companies.

MARYSVILLE, Ohio, Jan. 29, 2024 (GLOBE NEWSWIRE) — The Scotts Miracle-Gro Company (NYSE: SMG), the world’s leading marketer of branded consumer lawn and garden as well as indoor and hydroponic growing products, will release its first quarter financial results on Wednesday, February 7, 2024, prior to the opening of the U.S. financial markets. The Company will host a video presentation via webcast at 9:00 a.m. EST to discuss those results. The webcast will be followed by an audio question-and-answer session. To watch the Company presentation and listen to the question-and-answer session, please register in advance at this webcast link. For those planning to participate in the question-and-answer session that follows the video presentation, please register for the webcast to view the presentation in addition to registering in advance...

Rio2 Limited Announces Certain Directors and Employees to Receive Shares in Lieu of Salaries

Written by Customer Service on January 29, 2024. Posted in Public Companies.

VANCOUVER, British Columbia, Jan. 29, 2024 (GLOBE NEWSWIRE) — Rio2 Limited (“Rio2” or the “Company”) (TSXV: RIO; OTCQX: RIOFF; BVL: RIO) announces that the Company has entered into shares for services agreements (collectively, the “Shares for Services Agreements”) with certain directors and employees. Pursuant to the Shares for Services Agreements, such directors and employees will ‎receive all or a portion of their director fees or wages for the period from January 1, 2024, to ‎December 31, 2024 in common shares of the Company (the “Security Based Compensation”), with the remaining amount, if any, to be ‎satisfied in cash.‎ The common shares will be issued quarterly and will be subject to a four-month and one-day hold ‎period commencing ‎upon the date of issuance. Under the Shares for Services Agreements, the ‎deemed price per...

Fentura Financial, Inc. Announces Fourth Quarter 2023 Earnings (unaudited)

Written by Customer Service on January 29, 2024. Posted in Earnings Releases And Operating Results.

Figure 1Stock Performance Five-Year Total ReturnDollars in thousands except per share amounts. Certain items in the prior period financial statements have been reclassified to conform with the December 31, 2023 presentation. FENTON, Mich., Jan. 29, 2024 (GLOBE NEWSWIRE) — Fentura Financial, Inc. (OTCQX: FETM) announces net income results of $3,784 and $14,629 for the quarter and year ended December 31, 2023, respectively. Ronald L. Justice, President and CEO, stated, “Fentura reported another strong year of growth, as we ended 2023 with record total assets and total deposits. Throughout the year we experienced higher interest expenses as the rapid increase in interest rates impacted our cost of funds and reduced net interest income. Despite these trends, 2023 was another solid year of profitability as we benefited from...

SILVERFISH ANNOUNCES EFFECTIVE DATE OF NAME AND SYMBOL CHANGE

Written by Customer Service on January 29, 2024. Posted in Public Companies.

VANCOUVER, BRITISH COLUMBIA, Jan. 29, 2024 (GLOBE NEWSWIRE) — SILVERFISH RESOURCES INC. (the “Company” or “Silverfish“) (CSE: “SF”) announces that effective after-market close on Monday, January 29, 2024, the Company’s name will change from “Silverfish Resources Inc.” to “Metalsource Mining Inc.” The trading symbol for the Company will change from “SF” to “MSM”. The Company’s common shares will begin trading on the Canadian Securities Exchange on Tuesday, January 30, 2024, under the new name and trading symbol. The new CUSIP will be 59132M108 and the new ISIN number will be CA59132M1086. The share capital of the Company remains unchanged. About Silverfish The Company is engaged in the exploration and development of its mineral property assets in Botswana and Canada. The Company’s objective is to locate and develop economic,...

AMERANT BANK PROVIDES FINANCING TO FRESCO RETAIL GROUP, LLC FOR THE ACQUISITION OF FRESCO Y MÁS OPERATIONS AND LOCATIONS

Written by Customer Service on January 29, 2024. Posted in Public Companies.

$120 million loan secures acquisition of Fresco y Más to acquire stores and locations from Southeastern Grocers Inc. CORAL GABLES, Fla., Jan. 29, 2024 (GLOBE NEWSWIRE) — Amerant Bank, the largest community bank headquartered in Florida, led the financing of a $120 million loan to Fresco Retail Group, LLC, an investment group strategically focused on food and grocery, for the acquisition of Fresco y Más from Southeastern Grocers Inc. (SEG). The transaction encompasses the entire Fresco y Más portfolio. As a Florida-based grocery chain founded in 2016 in Hialeah, Fla., Fresco y Mas offers food and grocery goods at compelling values. With 34 locations across South, Central, and Southwest Florida – including 28 stores and 6 liquor stores the business has established itself as a prominent player in the industry. “We have been...

Penns Woods Bancorp, Inc. Reports Fourth Quarter and Year Ended 2023 Earnings

Written by Customer Service on January 29, 2024. Posted in Earnings Releases And Operating Results.

WILLIAMSPORT, Pa., Jan. 29, 2024 (GLOBE NEWSWIRE) — Penns Woods Bancorp, Inc. (NASDAQ: PWOD) Penns Woods Bancorp, Inc. achieved net income of $16.6 million for the twelve months ended December 31, 2023, resulting in basic and diluted earnings per share of $2.34. HighlightsNet income, as reported under GAAP, for the three and twelve months ended December 31, 2023 was $5.6 million and $16.6 million, compared to $4.5 million and $17.4 million for the same periods of 2022. Results for the three and twelve months ended December 31, 2023 compared to 2022 were impacted by a decrease in net interest income of $1.6 million and $2.8 million, respectively, as interest expense increased significantly due to the velocity and magnitude of the rate increases enacted by the Federal Open Market Committee (“FOMC”). In addition, results...

Neuroprosthetics market Size Worth USD 33.96 Billion in 2032 | Emergen Research

Written by Customer Service on January 29, 2024. Posted in Mergers And Acquisitions.

Rising prevalence of hearing loss and increasing patient population suffering from neurological disorders and nerve injuries are key factors driving Neuroprosthetics market revenue growth Vancouver, Jan. 29, 2024 (GLOBE NEWSWIRE) — The global neuroprosthetics market size was USD 10.48 Billion in 2022 and is expected to register a rapid revenue CAGR of 12.4% during the forecast period. Rising prevalence of hearing loss and increasing patient population suffering from neurological disorders and nerve injuries are key factors driving market revenue growth. Neuroprosthetics are devices that can improve the input and output of neural system. These devices make use of direct electrical impulse for stimulating the nervous system and improving its functioning. For instance, nearly 20% of the world’s population, or over 1.5 billion...

Day: January 29, 2024

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