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Day: February 13, 2024

Dyadic and Cygnus Technologies Announce Partnership To Provide C1 HCP ELISA Assay to Enhance Quality Assurance in Biomanufacturing

JUPITER, Fla. and LELAND, N.C., Feb. 13, 2024 (GLOBE NEWSWIRE) — Dyadic International Inc. (“Dyadic”, or the “Company”) (Nasdaq: DYAI) and Cygnus Technologies®, part of Maravai LifeSciences® (Nasdaq: MRVI), announced today a strategic partnership for the quantification of Host Cell Proteins (“HCP”) from the proprietary and patented C1-cells filamentous fungus Thermothelomyces heterothallica, (formerly Myceliophthora thermophila). Under the terms of the partnership agreement, Cygnus has developed the C1 HCP ELISA Kit, which will be made available to Dyadic and Cygnus customers. HCP measurements are critical quality-control steps in biopharmaceutical development because the presence of these impurities in the final product can potentially interfere with drug efficacy, induce an undesired immune response, or impact drug stability....

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Lantheus Announces Collaboration to Provide Novel Tau Imaging Agent for Large Consortium Clinical Trial Sponsored by the National Institute on Aging

Lantheus to supply MK-6240, an investigational F18-labeled PET imaging agent that targets tau tangles BEDFORD, Mass., Feb. 13, 2024 (GLOBE NEWSWIRE) — Lantheus Holdings, Inc. (“Lantheus”) (NASDAQ: LNTH), the leading radiopharmaceutical-focused company committed to enabling clinicians to Find, Fight and Follow disease to deliver better patient outcomes, today announced a collaboration agreement with a National Institute on Aging (NIA)-sponsored study called the Consortium for Clarity in ADRD Research Through Imaging (CLARiTI). This agreement enables the consortium to use MK-6240, Lantheus’ clinical-stage F18-labeled Positron Emission Tomography (PET) imaging agent, in its investigation of Alzheimer’s disease and related dementias. MK-6240 targets aggregated tau protein in the form of neurofibrillary tangles (NFTs) which are a hallmark...

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Blüm Holdings Executes Binding LOI to Acquire $14 Million Portfolio of Retail Assets Including Iconic Cookies Cannabis Dispensary

SANTA ANA, Calif., Feb. 13, 2024 (GLOBE NEWSWIRE) — Blüm Holdings, Inc. (OTCQB: BLMH) (“Company,” “Blüm Holdings,” “we” or “us”), a cannabis company with operations throughout California, is pleased to announce the execution of a Binding Letter of Intent (“Binding LOI”) with Operators Only Corporation (“Operators Only”) to add three additional dispensaries to its retail portfolio (the “Proposed Acquisition”). If completed, the Proposed Acquisition could represent a significant milestone in Blüm Holdings’ expansion strategy and may help solidify the Company’s position as a key player in Northern California’s retail landscape. Operators Only owns and operates three retail stores in Sacramento, including a flagship Cookies cannabis dispensary located in downtown Sacramento, a dispensary in North Sacramento, and another in South Sacramento. “We...

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LPL Financial to Acquire Atria Wealth Solutions

Atria Wealth Solutions supports approximately 2,400 advisors and 150 banks and credit unions, managing approximately $100 billion of brokerage and advisory assets SAN DIEGO, Feb. 13, 2024 (GLOBE NEWSWIRE) — LPL Financial Holdings Inc. (NASDAQ: LPLA) (together with its subsidiaries, including LPL Financial LLC, “LPL Financial” or “LPL”) today announced that the firm has entered into a definitive purchase agreement to acquire Atria Wealth Solutions, Inc., (“Atria”), a wealth management solutions holding company headquartered in New York. Atria supports approximately 2,400 advisors and 150 banks and credit unions, managing approximately $100 billion of brokerage and advisory assets. Established in 2017, Atria operates a network of broker-dealer subsidiaries focused on supporting independent financial advisors and institutions nationwide. “Atria...

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NETSOL Technologies Reports 23% Revenue Growth and EPS of $0.04 in Fiscal Second Quarter 2024

Strong licensing fees and increased recurring revenues 2Q ‘24 Gross Margins of 47% up from 25% in 2Q’ 23 Company on track for strong double digit organic revenue growth and profitability in fiscal 2024ENCINO, Calif., Feb. 13, 2024 (GLOBE NEWSWIRE) — NETSOL Technologies, Inc. (Nasdaq: NTWK), a global business services and enterprise application solutions provider, reported results for the fiscal second quarter of 2024 ended December 31, 2023. Fiscal Second Quarter 2024 Financial Results Total net revenues for the second quarter of fiscal 2024 increased 23% to $15.2 million, compared with $12.4 million in the prior year period. On a constant currency basis, total net revenues were $15.3 million.License fees were $3.0 million compared with $16,000 in the prior year period. License fees on a constant currency basis were $3.1 million. Total...

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A/S Øresund : Information on the State aid case

Today A/S Øresund has received information that the EU Commission has reached a new decision on the matter on state aid concerning the Øresundsbro Consortium. In the coming weeks, A/S Øresund will together with the Ministry of Transport analyze the impact of the new state aid decision and follow-up. Link to EU commission press release.Public financing of Øresund (europa.eu) Please refer to the Ministry of Transport for further comments.AttachmentCommission_closes_State_aid_investigation_into_Danish_and_Swedish_public_financing_of__resund_fixed_rail-road_link

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GCM Grosvenor Reports Fourth Quarter and Full Year 2023 Earnings Results

CHICAGO, Feb. 13, 2024 (GLOBE NEWSWIRE) — GCM Grosvenor (Nasdaq: GCMG) today reported its results for the fourth quarter and full year 2023, which have been posted to the Public Shareholders section of GCM Grosvenor’s website at https://www.gcmgrosvenor.com/shareholder-events. A conference call to discuss GCM Grosvenor’s financial results will be held today, Tuesday, February 13, 2024, at 10:00 a.m. ET. The call will be accessible via public webcast from the Public Shareholders section of GCM Grosvenor’s website at https://www.gcmgrosvenor.com/shareholder-events, and a replay of the live broadcast will be available on the website soon after the call’s completion. The call can also be accessed by dialing (888) 224-1005 (toll-free) or (929) 477-0402 and using the passcode 8018339. About GCM Grosvenor GCM Grosvenor (Nasdaq: GCMG)...

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Fuse Continues Double-Digit Growth Trajectory with Record-High Revenue in 2023

Company poised to accelerate production of warfighter-focused systems moving into multiple programs of record WASHINGTON, Feb. 13, 2024 (GLOBE NEWSWIRE) — Fuse Integration, a warfighter-focused engineering and design firm, today announced record-high revenue for 2023, continuing its double-digit growth trajectory. Building on this momentum, the company is positioning for accelerated production of its tactical edge networking products moving into multiple programs of record. “2023 was a pivotal year for Fuse. We added exceptional executive talent, continued warfighter-focused innovation and strengthened production and delivery to our defense customers,” said Sumner Lee, Fuse CEO. “We are now stepping into a period of exponential growth, moving more of our key solutions beyond testing and demonstration to deploy on multiple aircraft...

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Navios Maritime Partners L.P. Reports Financial Results for the Fourth Quarter and Year Ended December 31, 2023

Revenue:$   327.3 million for Q4 2023 $1,306.9 million for FY 2023Net Income:$   132.4 million for Q4 2023 $   433.6 million for FY 2023Earnings per common unit:$      4.30 for Q4 2023 $    14.08 for FY 2023Net cash from operating activities:$   211.7 million for Q4 2023 $   560.3 million for FY 2023EBITDA:$   226.5 million for Q4 2023 $   797.8 million for FY 2023Sales and purchases:$   465.0 million payments for newbuildings and new vessels/additions in 2023$155.2 million for Q4 2023$   327.6 million gross vessels sale proceeds 2023 – YTD 2024$264.5 million completed in FY 2023Two newbuilding containerships delivered Q4 2023 – YTD 2024Fixed at an average rate of $37,050 net per day for 5.2 years$0.05 per unit cash distribution for Q4 2023MONACO, Feb. 13, 2024 (GLOBE NEWSWIRE)...

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Watsco Reports Strong 2023 Performance Gaining Share in a Soft Market Boosts Annual Dividend 10% to $10.80 Per Share

Entrepreneurial Culture, Transformational Technologies, Strong Financial PositionContinue to Provide Results and Significant Opportunities MIAMI, Feb. 13, 2024 (GLOBE NEWSWIRE) — Watsco, Inc. (NYSE: WSO) reported its results for the fourth quarter and full year ended December 31, 2023. The Company also provided commentary on business trends, growth opportunities, technology innovation and its financial strength. Watsco began its distribution strategy in 1989 and today operates the largest distribution network for HVAC/R products in North America. The Company’s 692 locations serve over 125,000 contractors across the United States, Canada, Mexico, Puerto Rico and Latin America. Since 1989, Watsco’s entrepreneurial, growth-focused culture has driven compounded annual growth rates (CAGRs) of sales and operating income of 15% and 18%,...

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