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Month: January 2024

Verizon finishes 2023 with strong cash flow and wireless customer growth

Posts double-digit gains across fixed wireless and total wireless postpaid net additions Full-year 2023 wireless service revenue was $76.7 billion, up 3.2 percent from full-year 2022 Fixed wireless net additions for full-year 2023 were up over 31 percent year over year reflecting the increased demand driven by the strength and reliability of the product Total wireless postpaid net additions for full-year 2023 spike 26 percent compared to 2022 Total wireless postpaid phone net additions jump to 449,000 for fourth-quarter 2023 compared to 217,000 for fourth-quarter 2022 Consumer postpaid phone gross additions for fourth-quarter 2023 increase nearly 17 percent year over year, marking the best quarterly performance in four years 2023 highlights Consolidated:Full-year 2023 earnings per share (EPS) of $2.75, compared with $5.06 in 2022;...

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Sandy Spring Bancorp Reports Fourth Quarter Earnings of $26.1 Million

OLNEY, Md., Jan. 23, 2024 (GLOBE NEWSWIRE) — Sandy Spring Bancorp, Inc. (Nasdaq-SASR), the parent company of Sandy Spring Bank, reported net income of $26.1 million ($0.58 per diluted common share) for the quarter ended December 31, 2023, compared to net income of $20.7 million ($0.46 per diluted common share) for the third quarter of 2023 and $34.0 million ($0.76 per diluted common share) for the fourth quarter of 2022. The increase in the current quarter’s net income compared to the linked quarter was a product of a lower provision for credit losses coupled with lower non-interest expense, partially offset by lower net interest income and non-interest income. Current quarter’s core earnings were $27.1 million ($0.60 per diluted common share), compared to $27.8 million ($0.62 per diluted common share) for the quarter...

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Capital City Bank Group, Inc. Reports Fourth Quarter 2023 Results

TALLAHASSEE, Fla., Jan. 23, 2024 (GLOBE NEWSWIRE) — Capital City Bank Group, Inc. (NASDAQ: CCBG) today reported net income attributable to common shareowners of $11.7 million, or $0.70 per diluted share, for the fourth quarter of 2023 compared to $12.7 million, or $0.74 per diluted share, for the third quarter of 2023, and $9.6 million, or $0.56 per diluted share, for the fourth quarter of 2022. For the full year of 2023, net income attributable to common shareowners totaled $52.3 million, or $3.07 per diluted share, compared to net income of $33.4 million, or $1.97 per diluted share, for the same period of 2022. QUARTER HIGHLIGHTS (4th Quarter 2023 versus 3rd Quarter 2023) Income StatementTax-equivalent net interest income totaled $39.3 million compared to $39.4 million for the prior quarter – total deposit cost increased 8...

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Change in Jyske Bank A/S’ Supervisory Board

Johnny Christensen, a Supervisory Board member elected by Jyske Bank’s employees, will retire before the end of the first half of 2024 and therefore intends to resign from Jyske Bank’s Supervisory Board in connection with the annual general meeting on 21 March 2024. Johnny Christensen’s alternate member, Henriette Hoffman, will take over the position at Jyske Bank’s Supervisory Board. Yours faithfully, Jyske Bank Contact person: CFO, Birger Krøgh Nielsen, tel. +45 89 89 64 44.AttachmentCorporate Announcement_20240123

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Sales Performance Management Market Set to Soar Past USD 6.43 Billion by 2030

The global Sales Performance Management market size is expected to reach USD 6.43 billion by 2030 and exhibit a CAGR of 15.2% in the forecast period (2023−2030), according to Skyquest’s latest research report. The increasing need for improved sales efficiency and productivity, the growing importance of data-driven decision-making in sales organizations, the demand for incentive compensation management to motivate and retain sales teams, the increasing complexity of sales processes in modern business environments, and the desire for real-time visibility into sales performance and revenue forecasting is fueling the market’s growth. Westford,USA, Jan. 23, 2024 (GLOBE NEWSWIRE) — According to SkyQuest’s latest global research of the Sales Performance Management market, growing use of AI and machine learning for predictive...

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Draganfly Selected For Innovative End-To-End Electric Mobility Platform In UAE

Dubai, United Arab Emirates, Jan. 23, 2024 (GLOBE NEWSWIRE) — Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8A) (“Draganfly” or the “Company”), award-winning, industry-leading drone solutions and systems developer has been selected as a solutions provider of choice by Arabian Aero Investment LLC, a Dubai-based company backed by a member of the Dubai Royal Family, which has announced the launch of a groundbreaking solar-powered charging platform in the UAE. Draganfly is to develop solutions for integrating Unmanned Aerial Vehicles (UAVs) with the UAE’s inaugural end-to-end electric mobility platform that combines solar charging points with last-mile delivery, ushering in a new era of sustainable delivery systems. This initiative signifies the start of an ambitious plan to decarbonize the UAE’s transportation landscape over the...

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Algoma Steel Provides Update on Incident at Coke-Making Plant

SAULT STE. MARIE, Ontario, Jan. 23, 2024 (GLOBE NEWSWIRE) — Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or “the Company”), a leading Canadian producer of hot and cold rolled steel sheet and plate products, today provided an update further to the incident on Saturday, January 20 at its coke-making plant when a structure supporting utilities piping collapsed. Algoma advised that the water-related environmental release was fully contained by the evening of January 20, with most of the effluent being contained on-site. As a result, Algoma currently believes that there is a low risk of impact to the adjacent waterway. The Company remains in contact with regulatory authorities, union leadership, and local stakeholders including Indigenous communities. A repair plan for the coke-making plant is being developed with third...

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Unicycive Therapeutics Issues Shareholder Letter to Highlight Corporate Progress and Key Upcoming Milestones

– Topline Data from OLC Pivotal Trial Expected in Q2 2024 –– OLC will target the multibillion-dollar hyperphosphatemia market – LOS ALTOS, Calif., Jan. 23, 2024 (GLOBE NEWSWIRE) — Unicycive Therapeutics, Inc. (Nasdaq: UNCY), a clinical-stage biotechnology company developing therapies for patients with kidney disease (the “Company or “Unicycive”), today issued a letter to shareholders. Dear Shareholders: As I sit down to write this letter, I am filled with a profound sense of gratitude and excitement, energized for the year ahead. I remain as confident as ever that the work we’re doing at Unicycive will change the treatment paradigm in kidney disease and leave a lasting impact for patients, physicians, and for you, our shareholders. When I founded Unicycive in 2016 I knew the journey we were embarking on was ambitious—to offer hope...

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ANI Pharmaceuticals Announces the Launch of Pentoxifylline Extended-Release Tablets, USP

BAUDETTE, Minn., Jan. 23, 2024 (GLOBE NEWSWIRE) — ANI Pharmaceuticals, Inc. (ANI or the Company) (Nasdaq: ANIP) today announced the launch of Pentoxifylline Extended-Release (ER) Tablets, USP 400mg. ANI’s Pentoxifylline ER Tablets are the generic version of the Reference Listed Drug (RLD) Trental®. The current annual U.S. market for Pentoxifylline ER Tablets is approximately $19.7 million, according to latest estimates from IQVIA/IMS Health, a leading healthcare data and analytics provider. “We are pleased to continue the momentum in our generics business with another launch into a limited competition market. ANI remains committed to driving growth through superior new product launch execution, operational excellence, cost-competitiveness, and supply reliability. With a patient-first mindset, our goal is to ensure that patients...

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Parsons Included on $200M GSA Construction Management Contract

CHANTILLY, Va., Jan. 23, 2024 (GLOBE NEWSWIRE) — Parsons Corporation (NYSE: PSN) announced today that the company was named on a multiple award task order contract by the United States General Services Administration (GSA) Public Building Service. The estimated $200 million Blanket Purchase Agreement (BPA) for program management and construction management (PM/CM) services is new work for the company and has a five-year ordering period. Under the contract, Parsons will compete for task orders to provide pre-planning, construction management and commissioning services, among many others, to GSA for building renovations and new construction projects. “Parsons is a proven leader in the program and construction management industry with nearly 80 years of experience advancing the federal government’s infrastructure programs,” said Jon...

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