Day: March 12, 2024

PITTSBURGH, March 12, 2024 (GLOBE NEWSWIRE) — Coherent Corp. (NYSE: COHR), a global leader in materials, networking, and lasers, announced today that the company will host an investor briefing on Tuesday, March 26, from 1:30 pm to 3:00 pm ET at the Optical Fiber Communication (OFC) Conference in San Diego, California. The briefing also will be accessible via webcast. The briefing will focus on the company’s optical communications market and will include discussion of market trends, products, technologies, and competitive positioning. The presentation will be followed by a question and answer session. ParticipantsDr. Chuck Mattera – Chair and CEO Dr. Giovanni Barbarossa – Chief Strategy Officer and President, Materials Segment Dr. Julie Sheridan Eng – Chief Technology Officer Dr. Sanjai Parthasarathi –...

FORT WASHINGTON, Pa., March 12, 2024 (GLOBE NEWSWIRE) — Toll Brothers, Inc. (NYSE:TOL) (TollBrothers.com), the nation’s leading builder of luxury homes, today announced that its Board of Directors has approved a 10% increase in its quarterly cash dividend to shareholders. The dividend of $0.23 per share will be paid on April 19, 2024 to shareholders of record on the close of business on April 5, 2024. This is the fourth consecutive year the Company has raised its dividend. ABOUT TOLL BROTHERS Toll Brothers, Inc., a Fortune 500 Company, is the nation’s leading builder of luxury homes. The Company was founded 57 years ago in 1967 and became a public company in 1986. Its common stock is listed on the New York Stock Exchange under the symbol “TOL.” The Company serves first-time, move-up, empty-nester, active-adult, and...

Industry Veteran Martin Ball to join Dime and Lead National Deposits Group HAUPPAUGE, N.Y., March 12, 2024 (GLOBE NEWSWIRE) — Dime Community Bancshares, Inc. (the “Company” or “Dime”) (NASDAQ: DCOM), the parent company of Dime Community Bank (the “Bank”), continues to execute its growth plan and announced today the launch of a National Deposits Group. The National Deposits Group will expand Dime’s capabilities into several new deposit-rich verticals including: death care services, escrow servicing, family offices, fund banking, hedge funds, insurance, medical billing, private equity, software, and third party payment processors, while also focusing on several other industries where Dime has a presence. The team has a long history of working together and will focus on gathering low-cost relationship-based deposits. The new National...

BEIJING, March 12, 2024 (GLOBE NEWSWIRE) — Shineco, Inc. (“Shineco” or the “Company”; NASDAQ: SISI), a provider of technologically advanced healthcare products and services, announced today that on March 11, 2024, the Company received formal notice from the Listing Qualifications Department of The Nasdaq Stock Market (“Nasdaq”) indicating that the Company has evidenced compliance with the minimum bid price requirement set forth in Nasdaq Listing Rule5550(a)(2). The notice indicated that as a result of the closing bid price of the Company’s common stock having been at least $1.00 per share for the period of 15 consecutive business days, from February 16,, 2024, to March 8, 2024, the Company has regained compliance with Nasdaq Listing Rule 5550(a)(2) and advised that this matter is now closed. About Shineco, Inc. Shineco Inc. (“Shineco”...

Not for publication, release, or distribution directly or indirectly in the United States, Canada, Australia or Japan.This press release is not an advertisement nor a prospectus within the meaning of Regulation (EU) 2017/1129 Launch of the transactions involving Casino’s share capital provided for in Casino’s Accelerated Safeguard Plan Availability of the prospectus Paris, 12 March 2024 Casino, Guichard-Perrachon (“Casino“) announces the approval today by the AMF (as this term is defined below) of the prospectus relating to the transactions involving Casino’s share capital provided for in the Accelerated Safeguard Plan (as this term is defined below) under number 24-068 dated 12 March 2024, namely:the issue and listing on Euronext Paris of a maximum of 9,112,583,488 New Shares issued as part of a share capital...

Microgrid System Developed as Part of Conservation Plan Through Partnership with GreenStruxureMicrogrid systems are providing nearly 20% of Bimbo Bakeries USA’s energy usage and saving an estimated 1,700 CO2e Tons per year. GreenStruxure, backed by strong partner Schneider Electric, designed and built, and now operates and maintains the renewable energy microgrid systems at all sites.HORSHAM, Pa., March 12, 2024 (GLOBE NEWSWIRE) — Bimbo Bakeries USA, Inc. today announced the launch of its on-site microgrid system at six California bakeries. The system was developed as part of an Energy Services Agreement with GreenStruxure, who designed and built the microgrids which are comprised of solar arrays coupled with battery storage. These six microgrid systems are providing nearly 20% of Bimbo Bakeries USA’s energy usage and saving...

NEW YORK, March 12, 2024 (GLOBE NEWSWIRE) — ODDITY Tech Ltd. (“ODDITY”) today announced the commencement of an underwritten secondary public offering of 4,000,000 of ODDITY’s Class A ordinary shares (“Ordinary Shares”) by a fund managed by L Catterton (the “Selling Stockholder”). The Selling Stockholder intends to grant the underwriters a 30-day option to purchase up to an additional 600,000 Ordinary Shares. ODDITY is not selling any Ordinary Shares in the offering and will not receive any proceeds from the sale of the shares being offered by the Selling Stockholder. Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC, Allen & Company LLC and Evercore Group L.L.C. are acting as joint lead book-running managers for the proposed offering. Barclays is also acting as a lead book-running manager...

NEW YORK, March 12, 2024 (GLOBE NEWSWIRE) — Apollo Commercial Real Estate Finance, Inc. (the “Company” or “ARI”) (NYSE:ARI) today announced the Board of Directors set April 15, 2024 as the record date for the Company’s 2024 Annual Meeting of Stockholders. The Annual Meeting of Stockholders will be held virtually on June 7, 2024 at 9:00 am Eastern Time. Information on the virtual meeting will be included in the ARI 2024 proxy statement. About Apollo Commercial Real Estate Finance, Inc. Apollo Commercial Real Estate Finance, Inc. (NYSE: ARI) is a real estate investment trust that primarily originates, acquires, invests in and manages performing commercial first mortgage loans, subordinate financings and other commercial real estate-related debt investments. The Company is externally managed and advised by ACREFI Management,...

Company to Receive $275 Million of New Money to Advance Key Strategic Initiatives Company to Launch Public Exchange Offer to All Existing Term Loan Lenders and Secured Note Holders SAN ANTONIO, March 12, 2024 (GLOBE NEWSWIRE) — Rackspace Technology® (NASDAQ: RXT), (“Rackspace” or the “Company”), a leading end-to-end hybrid, multicloud, and AI solutions company, today announced that it has closed a private debt exchange (the “Private Exchange”) with certain of its creditors representing more than 72% of the Company’s first lien term loans and more than 64% of its first lien notes, as well as 100% of its Revolving Credit Facility (“RCF”) commitments.  Through the Private Exchange, Rackspace has eliminated more than $375 million of net debt and has received $275 million of new money (the “New Money Financing”) that will come to the...