Month: February 2024

ARCA biopharma Announces 2023 Financial Results

Written by Customer Service on February 1, 2024. Posted in Earnings Releases And Operating Results.

Company is currently engaged in a strategic review process, evaluating additional development of its assets, collaborations and other strategic optionsWESTMINSTER, Colo., Feb. 01, 2024 (GLOBE NEWSWIRE) — ARCA biopharma, Inc. (Nasdaq: ABIO), a biopharmaceutical company applying a precision medicine approach to developing genetically targeted therapies for cardiovascular diseases, today reported 2023 financial results and provided a corporate update. In April 2022, the Board of Directors established a Special Committee (the “Special Committee”) and, in May 2022, retained Ladenburg Thalmann & Co. Inc. (“Ladenburg”) to evaluate strategic options, including transactions involving a merger, sale of all or part of the Company’s assets, or other alternatives with the goal of maximizing stockholder value (the “Strategic Review”)....

Advisory: Fortis Inc. to Hold Teleconference and Webcast on February 9 to Discuss 2023 Annual Results

Written by Customer Service on February 1, 2024. Posted in Earnings Releases And Operating Results.

ST. JOHN’S, Newfoundland and Labrador, Feb. 01, 2024 (GLOBE NEWSWIRE) — Fortis Inc. (“Fortis” or the “Corporation”) (TSX/NYSE: FTS) will release its 2023 financial results on Friday, February 9, 2024. A teleconference and webcast will be held the same day at 8:30 a.m. (Eastern) during which David Hutchens, President and Chief Executive Officer and Jocelyn Perry, Executive Vice President and Chief Financial Officer will discuss the Corporation’s 2023 annual financial results. Shareholders, analysts, members of the media and other interested parties are invited to listen to the teleconference via the live webcast on the Corporation’s website, https://www.fortisinc.com/investor-relations/events-and-presentations. Those members of the financial community in North America wishing to ask questions...

Clearfield Reports Fiscal First Quarter 2024 Results

Written by Customer Service on February 1, 2024. Posted in Earnings Releases And Operating Results.

Repurchased approximately $12 million in shares under Share Repurchase Program, leaving $21 million available for additional repurchases.Announced a new product – a smaller vault which is designed to reduce deployment time and lower the cost of total deployment.Expects to achieve full Build America, Buy America (BABA) Act compliance by end of calendar 2024.MINNEAPOLIS, Feb. 01, 2024 (GLOBE NEWSWIRE) — Clearfield, Inc. (NASDAQ: CLFD), a leader in fiber connectivity, reported results for the fiscal first quarter 2024, ended December 31, 2023. Fiscal Q1 2024 Financial Summary (in millions except per share data and percentages) Q1 2024 vs. Q1 2023 Change Change (%) Net Sales $ 34.2 $ 85.9 $ (51.7 ) -60 % Gross Profit ($) $ 4.7 $ 30.6 $ (26.0 ) -85 % Gross...

Arvinas to Present at 6th Annual Guggenheim Biotechnology Conference

Written by Customer Service on February 1, 2024. Posted in Public Companies.

NEW HAVEN, Conn., Feb. 01, 2024 (GLOBE NEWSWIRE) — Arvinas, Inc. (Nasdaq: ARVN), a clinical-stage biotechnology company creating a new class of drugs based on targeted protein degradation, today announced that Ron Peck, M.D., Chief Medical Officer, and Randy Teel, Ph.D., Senior Vice President, Corporate and Business Development will participate in a fireside chat at the 6th Annual Guggenheim Biotechnology Conference on Wednesday, February 7 at 10:30 a.m. ET in New York. A live audio webcast of the presentation will be available here and under “Events and Presentations” of the Investors and Media section of the Company’s website. About ArvinasArvinas is a clinical-stage biotechnology company dedicated to improving the lives of patients suffering from debilitating and life-threatening diseases through the discovery, development,...

Gray and Marquee Broadcasting Swap Television Station Assets

Written by Customer Service on February 1, 2024. Posted in Public Companies.

ATLANTA, Feb. 01, 2024 (GLOBE NEWSWIRE) — Gray Television, Inc. (“Gray” or the “Company”) (NYSE: GTN) announced today that it has reached agreements with Marquee Broadcasting, Inc. (“Marquee”) to swap television stations. Gray will sell its television stations in the Cheyenne-Scottsbluff and Casper television markets (DMAs 194 and 198, respectively) to Marquee in exchange for Marquee’s FCC permit authorizing the construction of new, unbuilt television station KCBU in the Salt Lake City market (DMA 27). Neither party will pay additional cash or consideration to fulfill the terms of this swap. The transactions are expected to close simultaneously in the second quarter of 2024 following receipt of regulatory and other approvals. “Marquee is excited to acquire Gray’s leading stations in Wyoming and Western Nebraska. We are looking...

GeneDx to Report Fourth Quarter 2023 Financial Results on Tuesday, February 20, 2024

Written by Customer Service on February 1, 2024. Posted in Public Companies.

STAMFORD, Conn., Feb. 01, 2024 (GLOBE NEWSWIRE) — GeneDx (Nasdaq: WGS), a leader in delivering improved health outcomes through genomic and clinical insights, today announced it will release financial results for the fourth quarter of 2023 after the market closes on Tuesday, February 20, 2024. Management will host a conference call that day to discuss 2023 financial and operating results and share full year 2024 guidance at 4:30 p.m. Eastern Time. Conference Call Details Investors interested in listening to the conference call are required to register online. A live and archived webcast of the event will be available on the “Events” section of the GeneDx investor relations website at https://ir.genedx.com/. About GeneDx GeneDx (Nasdaq: WGS) delivers personalized and actionable health insights to inform diagnosis, direct treatment...

Glacier Bancorp Completes Acquisition of Community Financial Group, Inc. in Spokane, Washington

Written by Customer Service on February 1, 2024. Posted in Mergers And Acquisitions.

KALISPELL, Mont., Feb. 01, 2024 (GLOBE NEWSWIRE) — Glacier Bancorp, Inc. (“Glacier”) (NYSE: GBCI), today announced the completion of its acquisition of Community Financial Group, Inc. (“CFGW”) (OTC: CFGW), the bank holding company for Wheatland Bank headquartered in Spokane, Washington. A new division, “Wheatland Bank, a Division of Glacier Bank” will be formed and the existing North Cascades division will be combined into Wheatland Bank. The Wheatland Bank division will operate through 23 branches in Central and Eastern Washington and will be a Top 5 community bank by deposit market share. As of September 30, 2023, Wheatland had total assets of $763 million, total loans of $491 million, and total deposits of $609 million. Wheatland Bank, a Division of Glacier Bank, will operate under the leadership of Susan M. Horton, who served...

TopBuild to Acquire Pest Control Insulation

Written by Customer Service on February 1, 2024. Posted in Mergers And Acquisitions.

National Specialty Distributor of Customized Insulation Products$24 Million Annual RevenueBlue Chip Client Base DAYTONA BEACH, Fla., Feb. 01, 2024 (GLOBE NEWSWIRE) — TopBuild Corp. (NYSE:BLD), a leading installer and specialty distributor of insulation and building material products to the construction industry in the United States and Canada, has entered into an agreement to acquire the assets of Pest Control Insulation, a specialty distribution company focused on blended, customized insulation products, accessories, and equipment for sale exclusively to the pest control industry. Pest Control Insulation’s national customer base includes some of the largest pest control services companies in the country. In 2023, Pest Control Insulation generated approximately $24 million of revenue. The transaction is expected to close within...

Matthews International Reports Results for Fiscal 2024 First Quarter

Written by Customer Service on February 1, 2024. Posted in Earnings Releases And Operating Results.

Fiscal 2024 First Quarter Financial Highlights:Consolidated sales of $450.0 million, compared to $449.2 million a year ago Industrial Technologies and Memorialization report another quarter of sales growth Adjusted EBITDA for SGK Brand Solutions higher than a year ago Company renews $750 million revolving credit facility in January 2024 Fiscal 2024 outlook remains unchangedPITTSBURGH, Feb. 01, 2024 (GLOBE NEWSWIRE) — Matthews International Corporation (NASDAQ GSM: MATW) today announced financial results for its first quarter of fiscal 2024. In discussing the results for the Company’s fiscal 2024 first quarter, Joseph C. Bartolacci, President and Chief Executive Officer, stated: “Our operating performance for the fiscal 2024 first quarter was generally in line with our expectations across our businesses, except energy solutions....

ARMOUR Residential REIT, Inc. Announces February 2024 Dividend Rate Per Common Share and Tax Allocation for 2023 Dividends

Written by Customer Service on February 1, 2024. Posted in Dividend Reports And Estimates.

VERO BEACH, Florida, Feb. 01, 2024 (GLOBE NEWSWIRE) — ARMOUR Residential REIT, Inc. (NYSE: ARR and ARR-PRC) (“ARMOUR” or the “Company”) today announced the February 2024 cash dividend for the Company’s Common Stock and the tax allocation for dividends paid to stockholders in 2023. February 2024 Common Stock Dividend InformationMonth Dividend Holder of Record Date Payment DateFebruary 2024 $0.24 February 15, 2024 February 28, 2024 2023 Dividend Tax Allocations ARMOUR’s Series C Preferred Stock (ARR-PRC) dividends for 2023 are 100.00% fully taxable ordinary income. ARMOUR’s common stock (ARR) dividends for 2023 are 52.54% taxable ordinary income and 47.46% non-taxable return of capital. The tax reporting forms are available on the Company website at https://www.armourreit.com/stock-information/dividends/. ARMOUR...

Month: February 2024

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