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Day: February 5, 2024

AMG Reports Financial and Operating Results for the Fourth Quarter and Full Year 2023

        Company reports EPS of $5.15, Economic EPS of $6.86 in the fourth quarter of 2023 EPS of $17.42, Economic EPS of $19.48 for the full year 2023Net income (controlling interest) of $673 million, Economic Net Income (controlling interest) of $718 million(i) Completed investment in Ara Partners, a private markets firm specializing in industrial decarbonization, further enhancing AMG’s exposure to secular growth areas Repurchased $574 million in common stock or approximately 10% of our shares outstanding in 2023, inclusive of $225 million accelerated share repurchase programWEST PALM BEACH, Fla., Feb. 05, 2024 (GLOBE NEWSWIRE) — AMG, a leading partner to independent investment management firms globally, today reported its financial and operating results for the fourth quarter and year ended December 31, 2023. Jay C....

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Wemade unveils new roadmap for DeFi protocol KLEVA

Wemade is laying the foundation for the transition of DeFi protocol, KLEVA, to become a native service of the WEMIX3.0 Mainnet. Singapore, Feb. 05, 2024 (GLOBE NEWSWIRE) —Becomes a native service of the WEMIX3.0 Mainnet – new trans-Chain DeFi protocol, KLEVA omni – in Q2 2024 Will offer support for major chains including Arbitrum, Avalanche, BNB Chain, Ethereum, Polygon and Optimism Aligns KLEVA omni with the overall aims and vision of the unagi omnichain initiativeLeading global blockchain firm Wemade is laying the foundation for the transition of DeFi protocol, KLEVA (https://kleva.io/), to become a native service of the WEMIX3.0 Mainnet. Commencing with the Tokenomics restructuring on January 20, 2024, this process will be completed with the unveiling of a new KLEVA as a trans-Chain DeFi protocol, KLEVA...

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Descartes Sets Date to Announce Fiscal 2024 Fourth Quarter and Year-End Financial Results

WATERLOO, Ontario and ATLANTA, Feb. 05, 2024 (GLOBE NEWSWIRE) — Descartes Systems Group (TSX: DSG) (Nasdaq: DSGX), the global leader in uniting logistics-intensive businesses in commerce, is scheduled to report its fiscal 2024 fourth-quarter and year-end financial results after market close on Wednesday, March 6, 2024. Descartes’ executive management team will hold a conference call to discuss the company’s financial results at 5:30 p.m. ET on Wednesday, March 6. Designated numbers are +1 416 764 8658 or +1 888 886 7786 for North America Toll-Free, using Passcode 26517286#. The company will simultaneously conduct an audio webcast on the Descartes website at www.descartes.com/descartes/investor-relations. Phone conference dial-in or webcast login is required approximately 10 minutes beforehand. Replays of the conference...

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Haynes International, Inc. Reports First Quarter Fiscal 2024 Financial Results

First quarter net revenues of $147.4 million representing a first quarter revenue Company record, despite being unfavorably impacted by a three week unplanned outage at the 4-high hot rolling mill in the Kokomo plant, which delayed production and shipments. This compares to $132.7 million in last year’s first quarter. Gross margin for the first quarter of 16.8% of revenue compared to last year’s 17.4%.  Excluding the raw material headwind of $5.7 million, adjusted gross margin was an outage impacted 20.6% of revenue compared to last year’s $5.6 million headwind and 21.6% adjusted gross margin.  First quarter net income of $7.7 million, or $0.60 per diluted earnings per share, compared to last year’s first quarter of $7.7 million, or $0.61 per diluted earnings per share with both periods having similar raw material headwind amounts. Backlog...

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Reminder: Program for the publication of Yara International ASA fourth quarter results 2023

Oslo, 5 February 2024: Yara International ASA fourth quarter 2023 results will be published on Friday, 9 February 2024 at 08:00 CET. An online presentation will be held at 12:00 CET. The presentation will be held in English. The report, presentation and webcast will be available at the above mentioned times at:https://yara.com/investor-relations/latest-quarterly-report/ There will also be a conference call at 13:00 CET the same day with an opportunity to ask questions to Yara’s management. Please use the link to register for this session:https://registrations.events/direct/Q4I96716 Registered conference call participants will receive a confirmation with a full list of available international dial-in numbers and a unique passcode. If you do not see the email in a few minutes after completed registration, please check the “junk mail” folder...

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HighPeak Energy, Inc. Announces Quarterly Dividend Increase and $75 Million Share Repurchase Authorization

FORT WORTH, Texas, Feb. 05, 2024 (GLOBE NEWSWIRE) — HighPeak Energy, Inc. (“HighPeak” or the “Company”) (NASDAQ: HPK) today announced a 60 percent increase to its quarterly dividend to $0.04 per share and a $75 million share repurchase authorization.   Quarterly Dividend The Company’s Board of Directors declared a quarterly dividend of $0.04 per share to be paid on March 25, 2024 to stockholders of record on March 1, 2024.   Stock Repurchase Program HighPeak’s Board of Directors approved a repurchase program of up to $75 million of the Company’s common shares. The approval grants HighPeak’s management the authority to repurchase shares opportunistically in the open market from time to time, through block trades, in privately negotiated transactions or by such other means which comply with applicable state and federal laws. This...

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Novo Nordisk to acquire three fill-finish sites from Novo Holdings A/S in connection with the Catalent, Inc. transaction

Bagsværd, Denmark, 5 February 2024 – Novo Nordisk today announced that the company has agreed to acquire three fill-finish sites from Novo Holdings A/S (Novo Holdings) in connection with a transaction where Novo Holdings has agreed to acquire Catalent, Inc. (Catalent), a global contract development and manufacturing organisation headquartered in Somerset, New Jersey (US). Novo Nordisk and Catalent have a long-standing collaboration. The acquisition of the filling sites is aligned with Novo Nordisk’s strategy of reaching more people living with diabetes and obesity with current and future treatments. It enables an expansion of the manufacturing capacity at scale and speed while providing future optionality and flexibility for Novo Nordisk’s existing supply network. The acquisition is expected to gradually increase Novo Nordisk’s filling...

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David B. Carter Joins Ducommun Incorporated’s Board of Directors

SANTA ANA, Calif., Feb. 05, 2024 (GLOBE NEWSWIRE) — Ducommun Incorporated (NYSE:DCO) announced today that its Board of Directors elected David B. Carter as an independent director of the company, effective February 1, 2024. Mr. Carter’s appointment expands the number of directors on Ducommun’s board to nine, eight of whom are independent. Mr. Carter will be a member of the company’s Innovation Committee. “We are thrilled that Dave will be joining our board of directors and look forward to his many contributions as we strengthen our team to support DCO’s 2027 strategy of building more engineered products and aftermarket in our revenue mix,” said Stephen G. Oswald, chairman, president and chief executive officer. “Dave has extensive engineering product leadership experience, especially leading multiple large scale engineering organizations...

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WT Blockchain Technology Company is about to launch WTAI, and the expected launch time is February 19, 2024

Dubai, United Arab Emirates, Feb. 05, 2024 (GLOBE NEWSWIRE) — After nearly five months of hard work, the R&D Department of WT Blockchain Technology Company, a subsidiary of Trans Global Group Inc. (stock code: TGGI) is about to launch WTAI (Wing Tiger AI), which is expected to be launched on February 19, 2024. The system client is a financial management platform. Global cryptocurrency investors can obtain relatively stable investment returns by placing orders on the WTAI client to purchase financial management. At the same time, the act of purchasing financial management will generate computing power for mining, thereby obtaining the cryptocurrency WTB. This allows customers to enjoy stable investment and financial management while also obtaining the cryptocurrency WTB, which has huge room for appreciation in the future. The...

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Virtune discloses its public Bitcoin wallet address as an additional step towards increased transparency with its Virtune Bitcoin ETP

Stockholm, February 5th, 2024 – Virtune has announced its commitment to market transparency by disclosing its Bitcoin holdings and wallet address. This initiative is a significant step in Virtune’s ongoing effort to provide complete oversight and earn widespread trust from investors. Virtune offers 100% collateralized and physically-backed Exchange-Traded Products (ETPs) that give investors exposure to cryptocurrencies like Bitcoin, Ethereum, Chainlink, Polkadot, Arbitrum, and a Top 10 index. The physically backed structure of these products ensures a regulated environment prioritizing maximum investor protection and maintains a 1:1 correlation with the underlying assets. With the disclosure of its Bitcoin holdings, alongside the coin entitlement (amount of Bitcoin) per ETP, Virtune allows investors to independently verify on the...

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