Month: January 2024
GREELEY, Colo., Jan. 23, 2024 (GLOBE NEWSWIRE) — Pilgrim’s Pride Corporation (NASDAQ: PPC) announced today that it will release its fourth quarter and fiscal year 2023 financial results on Monday, Feb. 26. The company’s executives will review the results on a conference call and webcast at 7 a.m. MT (9 a.m. ET). Prepared remarks regarding the company’s financial and operational results will be followed by a question and answer period with the Pilgrim’s executive management team. A press release and supplemental materials will be issued before the market opens that morning.
Investors and analysts may pre-register for the webcast to receive a unique PIN to gain immediate access to the call and bypass the live operator. Pre-registration may be completed at any time, including up to and after the call has begun, by accessing the company’s...
NBT Bancorp Inc. Announces Full Year Net Income and Declares Dividend
Written by Customer Service on . Posted in Dividend Reports And Estimates.
NORWICH, N.Y., Jan. 23, 2024 (GLOBE NEWSWIRE) — NBT Bancorp Inc. (“NBT” or the “Company”) (NASDAQ: NBTB) reported net income and diluted earnings per share for the three and twelve months ended December 31, 2023.
Net income for the three months ended December 31, 2023 was $30.4 million, or $0.64 per diluted common share, compared to $36.1 million, or $0.84 per diluted common share, for the three months ended December 31, 2022, and $24.6 million, or $0.54 per diluted common share, in the third quarter of 2023. Operating diluted earnings per share1, a non-GAAP measure, which excludes acquisition expenses, acquisition-related provision for credit losses, securities gains (losses) and impairment of a minority interest equity investment, net of tax, was $0.72 for the fourth quarter of 2023, compared to $0.86 in the fourth quarter of...
The Friendly Takeover vs Hostile Takeover: Jasper Holdings, Inc. Seeks New Acquisitions for Mutually Beneficial, Long-Term Investments and Employee Stock Ownership Plan (ESOP) Opportunities
Written by Customer Service on . Posted in Mergers And Acquisitions.
As Jasper Holdings, Inc. diversifies beyond the automotive market, the company rejects the hostile takeover method in favor of a friendly acquisition strategy designed to build on well-established brands for profitable business growth and offer wealth-building opportunities for employees.
JASPER, Ind., Jan. 23, 2024 (GLOBE NEWSWIRE) — Jasper Holdings, Inc. (JHI), a 100% ESOP company valued at more than $1.25 billion and parent company to nine acquisitions, is seeking new businesses to join its family of companies.
JHI’s unique acquisition strategy relies on three pillars that stand in the face of the hostile takeover.Long-term investments vs buying and selling in three to five years like private equity.
Building on existing brand equity and allowing existing leadership to continue to run their business.
Sharing a culture of mutual...
Esperion Announces Closing of Public Offering of Common Stock and Exercise in Full of Underwriters’ Option to Purchase Additional Shares
Written by Customer Service on . Posted in Public Companies.
ANN ARBOR, Mich., Jan. 23, 2024 (GLOBE NEWSWIRE) — Esperion Therapeutics, Inc. (“Esperion”, “we”, “us” or “our”) (Nasdaq: ESPR) announced today the closing of its previously announced underwritten public offering of 65,205,000 shares of its common stock, including 8,505,000 shares of its common stock pursuant to the underwriters’ exercise in full of their option to purchase additional shares of common stock, at the public offering price of $1.50 per share. The gross proceeds from the offering, before deducting underwriting discounts and commissions and other offering expenses payable by Esperion, are approximately $97.8 million.
Jefferies LLC acted as sole book-running manager for the offering.
Esperion intends to use the net proceeds from the offering of common stock, together with its existing cash and cash equivalents, to fund...
Heartland BancCorp Earns $5.3 Million, or $2.61 Per Diluted Share, in the Fourth Quarter of 2023; and a Record $19.5 Million, or $9.62 Per Diluted Share, for the Year; Declares Quarterly Cash Dividend of $0.759 Per Share
Written by Customer Service on . Posted in Public Companies.
WHITEHALL, Ohio, Jan. 23, 2024 (GLOBE NEWSWIRE) — Heartland BancCorp (“Heartland” and “the Company”) (OTCQX: HLAN), parent company of Heartland Bank (“Bank”), today reported net income increased 5.2% to $5.3 million, or $2.61 per diluted share, in the fourth quarter of 2023, compared to $5.0 million, or $2.48 per diluted share, in the fourth quarter of 2022, and increased 7.2% compared to $4.9 million, or $2.43 per diluted share, in the preceding quarter. For the year 2023, net income increased 8.0% to a record $19.5 million, or $9.62 per diluted share, compared to $18.1 million, or $8.90 per diluted share, in 2022.
The company also announced that its board of directors declared a quarterly cash dividend of $0.759 per share. The dividend will be payable April 10, 2024, to shareholders of record as of March 25, 2024. Heartland has...
T-Mobile selects Nokia to improve scalability and efficiency for 5G High Speed Internet service
Written by Customer Service on . Posted in Public Companies.
T-Mobile selects Nokia to improve scalability and efficiency for 5G High Speed Internet serviceT-Mobile selects Nokia’s Multi-Access Gateway solution for its market-leading High-Speed Internet service to Broadband customers
T-Mobile will deploy Nokia solution to enhance capacity, scalability and speed of delivery23 January, 2024Espoo, Finland – Nokia today announced its collaboration with T-Mobile to launch a dedicated gateway solution that supports LTE, 5G NSA, and 5G SA technologies for the service provider’s nationwide, fixed-wireless High-Speed Internet (HSI) traffic. Nokia will deploy its Multi-Access Gateway (MAG) solution which will allow T-Mobile to improve service scalability, and time to market.
Fixed wireless access (FWA) is a key technology to rapidly expand coverage of high-speed broadband services to provide universal...
Alternus Clean Energy to Present at The Microcap Conference
Written by Customer Service on . Posted in Public Companies.
FORT MILL, S.C., Jan. 23, 2024 (GLOBE NEWSWIRE) — Utility-scale transatlantic clean energy independent power producer Alternus Clean Energy (NASDAQ: ALCE) (“Alternus”) announced today that it will present at The Microcap Conference in Atlantic City on January 31 and February 1.
Chief Executive Officer Vincent Browne and Executive Director Aaron Ratner will participate in panel discussions and host 1×1 investor meetings. Investors can register for the conference and schedule a meeting with management via the conference website: https://themicrocapconference.com/.
When: Jan 31 and Feb 1, 2024 Time: Wednesday, Jan 31 at 4:30 p.m. for Panel Discussion Thursday, Feb 1 at 11:40 a.m. for Panel DiscussionLocation: Caesars Atlantic City Hotel & CasinoAbout Alternus Clean Energy, Inc.
Alternus is a utility-scale...
NUBIA BRAND INTERNATIONAL CORP. CONFIRMS PRIOR UPDATE ON REDEMPTION REVERSAL REQUESTS IN CONNECTION WITH CLOSING ITS BUSINESS COMBINATION
Written by Customer Service on . Posted in Public Companies.
Dallas, Texas, Jan. 23, 2024 (GLOBE NEWSWIRE) — Nubia Brand International Corp. (the “Company” or “Nubia”), confirms today that it will not be accepting any requests for redemption reversals in connection with closing the business combination (the “Business Combination”) between the Company and Honeycomb Battery Company (“Honeycomb”), as described in the definitive proxy statement initially filed by Nubia with the SEC on November 8, 2023 (the “Proxy Statement”).
About Nubia Brand International Corp.
Nubia is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or similar business combination with one or more businesses.
About Honeycomb
Honeycomb formerly the energy solutions division of Global Graphene Group, Inc., is a Dayton, Ohio,...
Smart Fabrics Market Size Worth USD 34.79 Billion in 2032 | Emergen Research
Written by Customer Service on . Posted in Mergers And Acquisitions.
The global smart fabrics market revenue growth is as a result of increasing wearable electronic industry, electronics miniaturization and advancements in flexible electronics and technological advancements in smart fabrics.
Vancouver, Jan. 23, 2024 (GLOBE NEWSWIRE) — The global smart fabrics market size was USD 3.90 Billion in 2022 and is expected to register revenue CAGR of 24.5% during the forecast period. The global smart fabrics market revenue growth is as a result of increasing wearable electronic industry, electronics miniaturization and advancements in flexible electronics and technological advancements in smart fabrics.
The primary factor driving smart fabric market revenue growth is increasing adoption of smart wearables and other devices across a range of end-use industries. According to a report, by 2024, it is expected...
Rackspace Technology Releases Commitment to Sustainability Report
Written by Customer Service on . Posted in Public Companies.
2023 progress includes reducing carbon footprint, advancing the company’s sustainable technology partnerships, workforce empowerment, and impactful community contributions
SAN ANTONIO, Jan. 23, 2024 (GLOBE NEWSWIRE) — Rackspace Technology® (NASDAQ: RXT), a leading end-to-end hybrid, multicloud technology solutions company, today announced the company’s Sustainability Report, highlighting progress made in the 2023 fiscal year towards its social and environmental sustainability goals.
“As we move into 2024, Rackspace Technology remains steadfast in the company’s commitment to sustainability principles, which reflect a tapestry of achievements — from advancing sustainable technology partnerships to empowering the company’s workforce and making impactful community contributions,” said Amar Maletira, CEO,...