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Day: February 16, 2024

Music Licensing, Inc. (OTC: SONG) Highlights Milestones and Market Impact in 2023 Year-End Audit

Naples Florida, Feb. 16, 2024 (GLOBE NEWSWIRE) — Music Licensing, Inc. (OTC: SONG), operating under the brand Pro Music Rights, proudly announces significant achievements and market impact as revealed in its 2023 year-end audit, scheduled for completion today. As the fifth public performance rights organization (PRO) established in the United States, Music Licensing, Inc. has rapidly solidified its position as a leading force in the industry. Our extensive licensee network includes prominent entities such as TikTok, iHeart Media, Triller, Napster, 7Digital, Vevo, and many others, reflecting the trust and recognition garnered by Pro Music Rights. With an estimated market share of 7.4% in the United States, Music Licensing, Inc. represents over 2,500,000 works, showcasing a diverse catalog featuring renowned artists from various...

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BAB, Inc. Reports Year-ended 11/30/23 Results

DEERFIELD, Ill., Feb. 16, 2024 (GLOBE NEWSWIRE) — BAB, Inc. (OTCQB: BABB) announced its financial results for its fiscal year-ended November 30, 2023, reporting net income of $467,000, or $0.06 per share. For the year-ended November 30, 2023, BAB, Inc. had revenues of $3,510,000 and net income of $467,000, or $0.06 per share, versus revenues of $3,287,000 and net income of $432,000, or $0.06 per share, for the same period ending November 30, 2022. Income from operations for fiscal 2023 is $615,000 compared to $608,000 in 2022. The increase in income before interest, other and taxes in fiscal 2023 was $7,000, or 1.2%. The tax provision expense was $183,000 for the year ended November 30, 2023 compared to $176,000 for the year ended November 30, 2022. The tax expense was $7,000 higher in 2023 compared to 2022, primarily because of...

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Landsbankinn hf.: Offering of Tier 2 subordinated bonds

Landsbankinn will offer ISK subordinated bonds for sale via auction held on Thursday 29 February at 15:00. The aim is to offer for sale two series of subordinated bonds, a non-indexed and an inflation-linked. The bonds have fixed interest rate payable annually. The bonds will count towards Tier 2 capital, with a tenor of 11 years with an issuer call option after six years and on each subsequent interest payment date thereafter (11NC6). Further information regarding the offering process will be published on Tuesday 27 February. Expected settlement date is 7 March 2023. The offering is not intended for retail investors. Landsbankinn Capital Markets will manage the auction. For further information, please call +354 410 7330 or email verdbrefamidlun@landsbankinn.is.

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Glen Burnie Bancorp Announces Fourth Quarter And Full Year 2023 Results

GLEN BURNIE, Md., Feb. 16, 2024 (GLOBE NEWSWIRE) — Glen Burnie Bancorp (“Bancorp”) (NASDAQ: GLBZ), the bank holding company for The Bank of Glen Burnie (“Bank”), announced today net income of $167,000, or $0.06 per basic and diluted common share for the three-month period ended December 31, 2023, compared to net income of $830,000, or $0.29 per basic and diluted common share for the three-month period ended December 31, 2022.   Bancorp reported net income of $1.43 million, or $0.50 per basic and diluted common share for the twelve-month period ended December 31, 2023, compared to $1.75 million, or $0.61 per basic and diluted common share for the same period in 2022. On December 31, 2023, Bancorp had total assets of $351.8 million. Bancorp, the oldest independent commercial bank in Anne Arundel County, paid its 126th consecutive...

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ImmuCell to Announce Unaudited Financial Results for the Quarter and Year Ended December 31, 2023

Conference Call Scheduled for Wednesday, February 28, 2024 at 9:00 AM ET PORTLAND, Maine, Feb. 16, 2024 (GLOBE NEWSWIRE) — ImmuCell Corporation (Nasdaq: ICCC) (“ImmuCell” or the “Company”), a growing animal health company that develops, manufactures and markets scientifically proven and practical products that improve the health and productivity of dairy and beef cattle, expects to report unaudited financial results for the quarter and year ended December 31, 2023 after the market closes on Tuesday, February 27, 2024. The Company has scheduled a conference call the next morning, Wednesday, February 28, 2024, at 9:00 AM ET to review its 2023 unaudited financial results. This date has been pushed back six days from the original date first announced on January 8, 2024. Interested parties can access the conference call by dialing (844)...

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Truxton Announces Relocation to Burton Hills

NASHVILLE, Tenn., Feb. 16, 2024 (GLOBE NEWSWIRE) — Truxton, a leading provider of wealth, family office, and banking services, announced Friday plans to relocate its headquarters to Burton Hills in the Green Hills area of Nashville. “We’ve spent the past few years looking for a new home for our business,” said Tom Stumb, CEO and Chairman at Truxton. “It was most important to us to find a headquarters building that would be both convenient and safe for clients and employees for at least the next twenty years.” Since its founding in 2004, Truxton’s headquarters has been located in Belle Meade Office Park. The new headquarters, situated at 20 Burton Hills Blvd, Suite 200, is currently under renovation and will occupy the entire second floor of the 20 Burton Hills building. The relocation is targeted for early...

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Endexx Corporation Announces Strategic Shift in Auditor Services to Bolster Growth and Transparency

CAVE CREEK, AZ, Feb. 16, 2024 (GLOBE NEWSWIRE) — via NewMediaWire – Endexx Corporation (OTCQB: EDXC), a leader in the development and distribution of innovative wellness and nutritional products, today announced a strategic update on its auditing and financial reporting processes, underscoring its commitment to operational excellence and heightened transparency for its shareholders. Strategic Decision for Enhanced Alignment and Efficiency Following thoughtful consideration and after discussions with all relevant regulatory bodies, including the OTC Markets, the Securities and Exchange Commission (SEC), and the Public Company Accounting Oversight Board (PCAOB), Endexx has decided to part ways with Turner, Stone & Company, L.L.P., our previous independent auditors. This decision, effective February 9, 2024, and fully supported...

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Verizon Business Device Protection Open Enrollment Starts for Business Customers’ Mobile Devices

Business customers can add Verizon’s Total Mobile Protection (TMP) for Business to existing eligible devices through April 13 NEW YORK, Feb. 16, 2024 (GLOBE NEWSWIRE) — For a limited time, Verizon Business customers can add Total Mobile Protection for Business (TMP for Business) or any other device protection option to existing eligible mobile phone lines. With businesses being reliant on mobile devices for day-to-day operations, TMP for Business provides peace of mind with coverage for loss, theft, damage, and post-warranty malfunctions. With TMP for Business, customers can avoid lengthy downtime through access to services including same-day device repair and replacement to 24/7 tech support. While Verizon Business customers normally must enroll in device protection within thirty days of device activation, Open Enrollment provides...

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Global Manufacturing Analytics Market to Surpass 58.06 Billion by 2031 Driven by Increasing Desire for Accessories

SkyQuest projects that the global manufacturing analytics market will attain a value of USD 58.06 billion by 2031, with a CAGR of 20.8% during the forecast period (2023-2030). The global manufacturing analytics market is fundamentally driven by the core objective of empowering manufacturers to extract actionable insights from their data. This critical function enables manufacturers to shift towards data-driven decision-making processes, ultimately leading to substantial improvements in their operational performance. Westford, USA, Feb. 16, 2024 (GLOBE NEWSWIRE) — According to SkyQuest, the growing integration of Industrial Internet of Things (IIoT) devices and sensors within manufacturing processes has led to the generation of vast data in the global manufacturing analytics market. In response to this data deluge, manufacturing...

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Healthcare Integrated Technologies, Inc. Signs Letter of Intent to Acquire Glass 8 Holdings, LLC in its Initial Move Toward Becoming a More Diversified Holding Company

Knoxville, Tennessee, Feb. 16, 2024 (GLOBE NEWSWIRE) — Healthcare Integrated Technologies, Inc. (“HiTC”), a leading innovator of healthcare technology solutions, has announced today the signing of a non-binding letter of intent to acquire Glass 8 Holdings, LLC, a Tennessee limited liability company, marking a significant step forward in its history. The proposed acquisition includes Glass 8 Holdings, LLC’s highly specialized interior glass applications business, Glass 8 Inc. (https://glass8.ca), as well as Accurate Dorwin (https://www.accuratedorwin.com), a prominent Fiberglass window and door business, Allsco (https://allsco.com), a renowned manufacturer of windows and doors known for their durability in harsh climates, and ALweather (https://awwd.ca), a trusted provider of doors, windows, garage doors, and customized exterior...

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