April 11, 2024 – Page 8 – Goldea Capital

Glatfelter Announces Key Leadership Appointments in Connection With Proposed Merger With Berry’s Health, Hygiene, and Specialties Global Nonwovens and Films Business

Written by Customer Service on April 11, 2024. Posted in Public Companies.

~ Kevin M. Fogarty to serve as Non-Executive Chair of the Board of Directors for the proposed newly combined company ~ James M. Till to serve as Executive Vice President, Chief Financial Officer & Treasurer ~ Tarun Manroa to serve as Executive Vice President, Chief Operating Officer CHARLOTTE, N.C., April 11, 2024 (GLOBE NEWSWIRE) — Glatfelter Corporation (NYSE: GLT), a leading global supplier of engineered materials, in anticipation of the previously announced proposed merger of the majority of Berry Global’s Health, Hygiene, and Specialties segment to include its Global Nonwovens and Films (“HHNF”) business with Glatfelter, is pleased to announce today key leadership appointments, in addition to the previously announced appointment of Mr. Curt Begle, Berry’s current President of Health, Hygiene & Specialties division,...

Reliance, Inc. to Announce First Quarter 2024 Results on Thursday, April 25ᵗʰ

Written by Customer Service on April 11, 2024. Posted in Public Companies.

SCOTTSDALE, Ariz., April 11, 2024 (GLOBE NEWSWIRE) — Reliance, Inc. (NYSE:RS) announced today that it will report first quarter 2024 financial results for the period ended March 31, 2024, on Thursday, April 25, 2024, at 6:50 a.m. Eastern Time. Reliance management will host a conference call that same day at 11:00 a.m. Eastern Time. The call will be broadcast live over the Internet hosted on the Investors section of the Company’s website at reliance.com. Reliance, Inc. First Quarter 2024 Conference Call Details DATE: Thursday, April 25, 2024 TIME: 8:00 a.m. Pacific Time10:00 a.m. Central Time11:00 a.m. Eastern Time DIAL-IN: (877) 407-0792 (U.S. and Canada)(201) 689-8263 (International) CONFERENCE ID: 13745243 WEBCAST: https://viavid.webcasts.com/starthere.jsp?ei=1662340&tp_key=8ea2cf94e0 For...

Conn’s, Inc. Reports Fourth Quarter and Full Year Fiscal Year 2024 Financial Results

Written by Customer Service on April 11, 2024. Posted in Earnings Releases And Operating Results.

THE WOODLANDS, Texas, April 11, 2024 (GLOBE NEWSWIRE) — Conn’s, Inc. (NASDAQ: CONN) (“Conn’s” or the “Company”), a specialty retailer of home goods, including furniture and mattresses, appliances, and consumer electronics, today announced its financial results for the quarter and year ended January 31, 2024. “Since completing the transformative transaction with W.S. Badcock (“Badcock”) in December 2023, we have focused on successfully integrating the two organizations, aligning around a common culture, and establishing a platform to drive significant revenue and cost synergies in the coming quarters. As a result of our team’s efforts, we have removed approximately $50 million of combined expenses during the fourth quarter and we have identified over $50 million of additional cost synergies that we expect to realize...

Hooker Furnishings Reports Improved Profitability in 2024 Fiscal Year

Written by Customer Service on April 11, 2024. Posted in Earnings Releases And Operating Results.

MARTINSVILLE, Va., April 11, 2024 (GLOBE NEWSWIRE) — Hooker Furnishings Corporation (NASDAQ-GS: HOFT) (the “Company” or “HFC”), a global leader in the design, production, and marketing of home furnishings for 100 years, today reported operating results for its fiscal 2024 fourth quarter and full year ended January 28, 2024. Fiscal 2024 and the fourth quarter overview: Despite difficult business conditions for the home furnishings industry and a 25.7% consolidated sales decrease, the Company reported operating income of $12.4 million and net income of $9.9 million, or $0.91 per diluted share for the fiscal year. Operating profitability improved by $18.4 million compared to an operating loss of $6 million last year, and net income improved by $14.2 million from a net loss of $4.3 million or ($0.37) per diluted share in the prior...

Parsons Included on $200M U.S. Army Corps of Engineers Construction Management Contract

Written by Customer Service on April 11, 2024. Posted in Public Companies.

CHANTILLY, Va., April 11, 2024 (GLOBE NEWSWIRE) — Parsons Corporation (NYSE: PSN) announced today that the company was included on a $200 million indefinite-delivery, indefinite-quantity multiple award task order contract by the United States Army Corps of Engineers (USACE) Fort Worth District. The construction management services contract has a three-year base period of performance with two, two-year option periods and represents new work for the company. Under this contract, Parsons will compete for task orders to provide supervision, personnel, and administrative and logistics support for USACE Southwestern Division Construction Phase Services on large military construction programs. “Parsons is a trusted and recognized program and construction management leader with decades of experience delivering transformational infrastructure...

BitFuFu Inc. Reports Full Year 2023 Financial Results

Written by Customer Service on April 11, 2024. Posted in Earnings Releases And Operating Results.

SINGAPORE, April 11, 2024 (GLOBE NEWSWIRE) — BitFuFu Inc., (“BitFuFu” or “the Company”) (NASDAQ: FUFU), a fast-growing digital asset mining service and world-leading cloud-mining service provider, today announced its financial results for the full year ended December 31, 2023. Full Year 2023 Operational Highlights Hosting capacity of 515 MW diversified across 24 sites on three continents as of December 31, 2023, compared with 336 MW across 19 sites on one continent as of December 31, 2022 Total mining capacity increased 106.3% to a record 22.9 EH/s as of December 31, 2023, compared to 11.1 EH/S as of December 31, 2022 Cloud-mining registered users increased 61.5% to 304,270 as of December 31, 2023 compared to 188,460 as of December 31, 2022 Bitcoin (“BTC”) production from self-mining operations increased 26.6% to 3,577 BTCs in...

Allot Announces Chief Financial Officer Departure

Written by Customer Service on April 11, 2024. Posted in Public Companies.

Hod Hasharon, Israel, April 11, 2024 (GLOBE NEWSWIRE) — Allot Ltd. (NASDAQ: ALLT, TASE: ALLT), a leading global provider of innovative network intelligence and security solutions for service providers and enterprises worldwide, today announced that its Chief Financial Officer, Ziv Leitman, is leaving the company to assume the position of Chief Financial Officer at a promising start up company in a different field of activity. The Company has commenced a formal search for a new Chief Financial Officer. To ensure a seamless transition, Mr. Leitman will continue in his position through June 30, 2024. “We thank Ziv for his four and a half years of financial leadership. We wish Ziv every success going forward,” said Erez Antebi, Allot’s Chief Executive Officer. About Allot Allot Ltd. (NASDAQ: ALLT, TASE: ALLT) is a provider of leading...

AFARAK GROUP SE PUBLISHES REMUNERATION REPORT 2023

Written by Customer Service on April 11, 2024. Posted in Public Companies.

09:30 London, 11:30 Helsinki, 11 April 2024 – Afarak Group SE (“Afarak” or “the Company”) (LSE: AFRK, OMX: AFAGR) AFARAK GROUP SE PUBLISHES REMUNERATION REPORT 2023 In addition to release on 27 March 2024, Afarak publishes the Remuneration Report 2023. Helsinki 11 April 2024 Guy KonsbruckCEO For additional information, please contact: Afarak Group SE Guy Konsbruck, CEO, +356 2122 1566, guy.konsbruck@afarak.com Financial reports and other investor information are available on the Company’s website: www.afarak.com. Afarak Group is a specialist alloy producer focused on delivering sustainable growth with a Speciality Alloys business in southern Europe and a FerroAlloys business in South Africa. The Company is listed on NASDAQ Helsinki (AFAGR) and the Main Market of the London Stock Exchange (AFRK). Distribution:NASDAQ HelsinkiLondon...

Novartis tender offer for MorphoSys AG commences

Written by Customer Service on April 11, 2024. Posted in Public Companies.

Basel, April 11, 2024 – Novartis published today the offer document for the voluntary public takeover offer by its wholly owned subsidiary Novartis BidCo AG for all outstanding shares of MorphoSys AG (“MorphoSys”), including all shares represented by MorphoSys American Depositary Shares (the “Offer”), for an offer price of EUR 68.00 per share in cash. The offer price corresponds to a premium of 142% on the volume-weighted average price during the last three months, as of the unaffected January 25, 2024, close. The Offer is being made upon and subject to the terms and conditions set out in the offer document, including a 65% minimum acceptance threshold. The offer document is available in German and in the form of a non-binding English language translation, which, alongside other information in relation to the offer, are available on the...

Long-term Incentive Programme 2024

Written by Customer Service on April 11, 2024. Posted in Public Companies.

COMPANY ANNOUNCEMENT NO. 7-2024 11 April 2024, Copenhagen, Denmark The Board of Directors of FLSmidth & Co. A/S has today allocated performance shares to members of the Executive Management and key staff (155 persons in total) as part of the Group’s Long-term Incentive Programme. The primary purpose of the programme is to retain key staff and to align the interests of shareholders and the incentive programme participants by rewarding performance in accordance with the company’s strategy and its long-term financial targets. The number of performance shares allocated is 284,576, of which 67,475 pertain to members of the Executive Management. The vesting period is three years and vesting is subject to fulfilment of stretched Key Performance Indicators (KPIs). The applicable KPIs are Adj. EBITA margin, Total Shareholder Return...

Day: April 11, 2024

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