Day: January 31, 2024
Performance HighlightsNet Income and Cash Earnings: Net income for the quarter ended December 31, 2023, was $1.3 million or $0.12 per share, compared to $2.1 million or $0.20 per share recorded in the prior year quarter ended December 31, 2022. Cash earnings for the quarter ended December 31, 2023, were $1.5 million, or $0.14 per share, a decrease of $898 thousand, or 36.9%, from $2.4 million, or $0.23 per share, for the prior year quarter. Net income of $7.1 million for the twelve months ended December 31, 2023, or $0.67 per share, compared to $9.2 million or $0.87 per share recorded in the prior year twelve months ended December 31, 2022, representing a 22.7% decrease in net income year-over-year.
Financial Performance Metrics: Return on average assets and average stockholders’ equity were 0.52% and 6.07%, respectively, for the quarter...
Mizuho Welcomes LPGA Tour Winner Ayaka Furue as Newest Global Brand Ambassador
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Furue Joins Michelle Wie West as part of Team MizuhoLPGA Tour Winner Ayaka Furue Becomes Mizuho’s Newest Brand AmbassadorFurue joins Michelle Wie West representing the global bank at client and community eventsLPGA Tour Winner Ayaka Furue Becomes Mizuho’s Newest Brand AmbassadorFurue joins Michelle Wie West representing the global bank at client and community eventsLPGA Tour Winner Ayaka Furue Becomes Mizuho’s Newest Brand AmbassadorFurue joins Michelle Wie West representing the global bank at client and community eventsNEW YORK, Jan. 31, 2024 (GLOBE NEWSWIRE) — Mizuho Americas, the Americas arm of Mizuho Financial Group (NYSE: MFG), one of the largest financial institutions in the world and title sponsor of the Mizuho Americas Open, today announced an exciting new partnership with LPGA Tour winner and...
NMI Holdings, Inc. Receives Ratings Upgrade from Moody’s Investors Service
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EMERYVILLE, Calif., Jan. 31, 2024 (GLOBE NEWSWIRE) — NMI Holdings, Inc. (Nasdaq: NMIH) today announced that Moody’s Investors Service (“Moody’s”) has upgraded the insurance financial strength rating of its principal operating subsidiary, National Mortgage Insurance Corporation (“National MI”) to “A3” and upgraded the company’s outstanding senior notes due June 1, 2025 to “Baa3.” Both ratings carry a stable outlook.
Moody’s rationale in support of the upgrade includes National MI’s solid position in the U.S. mortgage insurance market, fully scaled and efficient operating platform, high-quality insured portfolio, industry-leading credit performance, comprehensive reinsurance program, and robust financial position.
“We’re pleased to have received these upgrades from Moody’s,” said Adam Pollitzer, President and Chief Executive Officer....
Razor Energy Corp. Announces the Filing of a Notice of Intention to Make a Proposal
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CALGARY, Alberta, Jan. 31, 2024 (GLOBE NEWSWIRE) — Razor Energy Corp. (together with its wholly-owned subsidiaries, Blade Energy Services Corp., Razor Royalties Limited Partnership, and Razor Holdings GP Corp., collectively, the “Corporation”) have each filed a Notice of Intention to Make a Proposal (the “Notice of Intention”) under the provisions of the Bankruptcy and Insolvency Act (Canada) (the “BIA”). Pursuant to the Notice of Intention, FTI Consulting Canada Inc. has been appointed as the proposal trustee in the Corporation’s proposal proceedings and will assist the Corporation in its restructuring efforts. McCarthy Tétrault LLP is providing...
Toll Brothers Opens New Boutique Luxury Home Community in Greenville, South Carolina
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Wrenfield by Toll BrothersToll Brothers announced its newest Greenville, South Carolina community, Wrenfield, is now open for sale.Wrenfield by Toll Brothers“Wrenfield brings Toll Brothers quality and craftsmanship to this serene location with large estate-sized home sites situated on a peaceful country road in Piedmont,”said Jason Simpson, Division President of Toll Brothers in South Carolina.GREENVILLE, S.C., Jan. 31, 2024 (GLOBE NEWSWIRE) — Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, today announced its newest community, Wrenfield, is now open in the Piedmont, South Carolina area. Wrenfield is a boutique luxury single-family home community featuring just 32 estate-sized home sites located 11 miles from downtown Greenville with convenient access to South Carolina Highway 81...
Toll Brothers Opens New Phase of Homes in Middletown Walk Luxury Home Community in New Jersey
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Middletown Walk by Toll BrothersToll Brothers announces a new phase of luxury homes within its Middletown Walk community in Monmouth County, New Jersey.Middletown Walk by Toll Brothers“We are excited to open the next phase of homes within Middletown Walk to add to the unprecedented interest we’ve received in this very distinct resort-style community,” said James Fitzpatrick, Group President of Toll Brothers in New Jersey.MIDDLETOWN, N.J., Jan. 31, 2024 (GLOBE NEWSWIRE) — Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, today announced a new phase of homes is now available within its Middletown Walk community in Monmouth County, New Jersey. The Sales Center and model homes are open for tours at 100 Augustus Drive in Middletown.
With its elegant and urban-inspired design, Middletown...
Monster Beverage Corporation’s CANarchy Craft Brewery Collective to Operate as Monster Brewing Company
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— Change Will Leverage Parent Company Brand Equity —
CORONA, Calif. and LONGMONT, Colo., Jan. 31, 2024 (GLOBE NEWSWIRE) — Monster Beverage Corporation (NASDAQ: MNST) today announced that effective immediately, CANarchy Craft Brewery Collective (“CANarchy”) will operate under the name Monster Brewing Company.
CANarchy’s new alcohol products, The Beast Unleashed™ and Nasty Beast™ Hard Tea, now represent the majority of the Company’s alcohol beverage sales. This change will better align the business with Monster Beverage Corporation’s brand equity, particularly as these products are expected to continue to play an increasingly important role in CANarchy’s future activities.
“We entered the alcohol beverage sector with the acquisition of CANarchy in February 2022, providing us with a fully staffed organizational...
Share Buyback concluded – transactions in connection with share Buyback programme
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On 13 October 2023, Tryg A/S (“Tryg”) announced that the Board of Directors had decided to initiate a share buyback programme of up to DKK 1.0 billion. The share buyback programme is executed in accordance with EU Market Abuse Regulation, EU Regulation no. 596/2014 of 16 April 2014 and the provisions of Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016 (the “Safe Harbour Regulation”). The share buyback programme will end no later than 31 January 2024.
Transactions made under the share buyback programme will be announced through Nasdaq Copenhagen on a weekly basis.
The following transactions have been executed in the period 29 January 2024 to 31 January 2024:
Number of shares
Avg. purchase price, DKK
Transaction value, DKK29 January 2024
100,000
147.14
14,714,00030 January 2024
105,000
147.12
15,447,60031...
SYNERGIE: Despite tough market conditions, SYNERGIE continues to grow and reaches the €3.1 billion milestone.
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Paris, January 31st, 2024
Revenue 2023
Despite tough market conditions, SYNERGIE continues to grow and reaches the €3.1 billion milestone.in M€
Q4 2023
Q4 2022
Change
FY2023
FY2022
ChangeInternational
483.3
419.9
+15.1%
1,815.7
1,665.9
+9.0%France
319.9
328.7
-2.7%
1,292.8
1,250.1
+3.5%
Total
803.2
748.6
+7.3%
3,108.6
2,916.0
+6.6%In a complex market, particularly in France, SYNERGIE continues to grow establishing a new turnover record at €3,108.6 million, exceeding that of 2022, with an increase of +6.6% (+2.9% w/o acquisitions). This performance was achieved with the positive contribution of all the geographic areas where the Group operates. The International activity represents 58.4% of the Group’s 2023 turnover.
In...
SKEL fjárfestingafélag hf.: Styrkás signs a purchase agreement to acquire Stólpi Gámar ehf. and affiliated companies
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On 15 November 2023 it was announced that Styrkás hf., a company 69.64% owned by SKEL fjárfestingafélag hf., had signed an agreement setting out the main terms and conditions for the purchase of 100% of the shares in six subsidiaries of Máttarstólpi ehf. The agreement was subject to the parties finalizing a purchase agreement for the transaction, financing, the results of the due diligence and the approval of the Competition Authority.
Today, Styrkás signed a purchase agreement with Máttarstólpi to buy 100% shares in the following companies:
– Stólpi Gámar ehf., id. 460121-1590, Klettagörðum 5, 104 Reykjavík:– Stólpi Smiðja ehf., id. 460121-1750, Klettagörðum 5, 104 Reykjavík;– Klettskjól ehf., id. 460121-0510, Klettagörðum 5, 104 Reykjavík;– Stólpi ehf., 460121-0430, Klettagörðum 5, 104 Reykjavík;– Tjónaþjónustan...