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Month: April 2024

Verizon begins 2024 with strong wireless service revenue growth, solid cash flow and continued momentum in broadband

First quarter performance positions Verizon for growth and profitability throughout 2024 1Q 2024 Highlights Consolidated:Earnings per share of $1.09, compared with earnings per share of $1.17 in first-quarter 2023; adjusted EPS1, excluding special items, of $1.15, compared with $1.20 in first-quarter 2023. Total operating revenue of $33.0 billion, up 0.2 percent from first-quarter 2023. Consolidated net income for the first quarter of $4.7 billion, compared to consolidated net income of $5.0 billion in first-quarter 2023, and consolidated adjusted EBITDA1 of $12.1 billion, up from $11.9 billion in first-quarter 2023.Total Wireless:Total wireless service revenue2 of $19.5 billion, a 3.3 percent increase year over year. Retail postpaid phone net losses of 68,000, and retail postpaid net additions of 253,000. Retail postpaid phone churn...

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Capital City Bank Group, Inc. Reports First Quarter 2024 Results

TALLAHASSEE, Fla., April 22, 2024 (GLOBE NEWSWIRE) — Capital City Bank Group, Inc. (NASDAQ: CCBG) today reported net income attributable to common shareowners of $12.6 million, or $0.74 per diluted share, for the first quarter of 2024 compared to $11.7 million, or $0.70 per diluted share, for the fourth quarter of 2023, and $13.7 million, or $0.80 per diluted share, for the first quarter of 2023. QUARTER HIGHLIGHTS (1st Quarter 2024 versus 4th Quarter 2023) Income StatementTax-equivalent net interest income totaled $38.4 million compared to $39.3 million for the prior quarter reflective of one less calendar day and higher deposit cost – total deposit cost increased 19 basis points to 85 basis points – net interest margin decreased six basis points to 4.01% Stable credit quality metrics and lower loan growth drove a $1.1 million...

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Next Hydrogen Reports Q4 and Fiscal 2023 Financial Results

MISSISSAUGA, Ontario, April 22, 2024 (GLOBE NEWSWIRE) — Next Hydrogen Solutions Inc. (the “Company” or “Next Hydrogen”) (TSXV:NXH, OTC:NXHSF), a designer and manufacturer of electrolyzers, is pleased to report its financial results for the fourth quarter and full year ended December 31, 2023. “We had a very promising end to 2023 with: (1) our electrolyzer (up to 2.25MW) exceeding US DOE energy efficiency targets, showing 30% lower capex and successfully graduating from pilot scale testing to commercial module builds, (2) growing our backlog from $3M at the beginning of the year to $8M contracted, with a $3M follow-on order expected, and (3) announcing strategic partnerships with Casale and GE,” said Raveel Afzaal, President & CEO. “In 2024, we intend to: (1) demonstrate our system at a customer site, (2) further improve our...

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Marquette National Corporation Declares a Dividend of $0.28 per Share

CHICAGO, April 22, 2024 (GLOBE NEWSWIRE) — Marquette National Corporation (OTCQX: MNAT) today announced that its Board of Directors declared a cash dividend of $0.28 per share. The dividend will be payable on July 1, 2024 to shareholders of record on June 14, 2024. As of March 31, 2024, Marquette had 4,381,112 shares issued and outstanding.   Marquette National Corporation is a diversified bank holding company with total assets of approximately $2.16 billion. The Company’s banking subsidiary, Marquette Bank, is a full-service, community bank that serves the financial needs of communities in Chicagoland, offering an extensive line of financial solutions, including retail banking, real estate lending, trust, insurance, investments, wealth management and business banking to consumers and commercial customers. Marquette Bank...

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Kraken Robotics Enters into New Credit Agreement to Support Continued Growth

$45 Million of New Committed Credit Facilities ST. JOHN’S, Newfoundland and Labrador, April 22, 2024 (GLOBE NEWSWIRE) — Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF) (“Kraken” or the “Company”), announced that it has entered into a credit agreement (the “Credit Agreement”) with The Bank of Nova Scotia (the “Lender”) for credit facilities (the “Credit Facilities”) that are expected to provide added financial flexibility to support the Company’s continued growth. The Credit Facilities consist of: (i) a revolving 3-year term facility of up to $35 million (subject to meeting certain borrowing base requirements based on eligible receivables and inventory) (the “Revolver”); (ii) a $10 million revolving capital expenditure line of credit; (iii) a $10 million uncommitted letter of credit facility; and (iv)...

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Lotus Tech Releases Video Showcasing ESG Vision: Driving The Future of Sustainable Mobility

NEW YORK, April 22, 2024 (GLOBE NEWSWIRE) — Lotus Technology Inc. (“Lotus Tech” or the “Company”), a leading global luxury electric vehicle maker has today released a new video, showcasing its transition to sustainable mobility. With an ambition of “Driving Change” and commitment to electrification, Lotus Tech aims to achieve carbon neutrality by 2038 and achieve a 100% electric product portfolio by 2028. Featuring insights from the Chairman of Lotus Tech’s ESG Committee and the ESG team, the video highlights the Company’s mission and its interpretation of sustainability, along with the current progress and achievements in areas such as sustainable vehicle design, eco-friendly materials, electric product line-up, and more. Alexious Lee, ESG Committee Chairman of Lotus Tech, said: “At Lotus, we know we have...

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AFARAK GROUP SE: EXTRAORDINARY GENERAL MEETING

11:30 London, 13:30 Helsinki, 22 April 2024 – Afarak Group SE (“Afarak” or “the Company”) (LSE: AFRK, NASDAQ: AFAGR) AFARAK GROUP SE: EXTRAORDINARY GENERAL MEETING Stock Exchange Release Afarak’s Extraordinary General Meeting was held in Helsinki on 22 April 2024. Jussi Savio (Authorised Public Accountant) presented to the Extraordinary General Meeting the report of the special audit, dated 18 March 2024. The report of the special audit was already published on 25 March 2024 in connection with the invitation to the Extraordinary General Meeting. No resolutions were made in the Extraordinary General Meeting. Helsinki, April 22, 2024 AFARAK GROUP SE Board of Directors For additional information, please contact: Guy Konsbruck, CEO, +356 2122 1566, guy.konsbruck@afarak.com Financial reports and other investor...

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Form 8.3 – [MATTIOLI WOODS PLC] – 19 04 2024 – (CGWL)

FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORERule 8.3 of the Takeover Code (the “Code”) 1.        KEY INFORMATION(a)   Full name of discloser: CANACCORD GENUITY WEALTH LIMITED (for Discretionary clients)(b)   Owner or controller of interests and short positions disclosed, if different from 1(a):        The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named. N/A(c)   Name of offeror/offeree in relation to whose relevant securities this form relates:        Use a separate form for each offeror/offeree MATTIOLI WOODS PLC(d)   If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: MATTIOLI WOODS PLC AS AN ASSOCIATE...

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Dada Files Annual Report on Form 20-F for Fiscal Year 2023

SHANGHAI, China, April 22, 2024 (GLOBE NEWSWIRE) — Dada Nexus Limited (“Dada” or the “Company”) (NASDAQ: DADA), China’s leading local on-demand retail and delivery platform, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2023 with the U.S. Securities and Exchange Commission (“SEC”) on April 22, 2024. The annual report can be accessed on the Company’s investor relations website at https://ir.imdada.cn/ as well as the SEC’s website at http://www.sec.gov. The Company will provide a hard copy of its annual report containing the audited consolidated financial statements, free of charge, to its shareholders upon request. Requests should be directed to the Company’s IR Department at ir@imdada.cn.  About Dada Nexus Limited Dada Nexus Limited is China’s leading local on-demand retail...

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Form 8.3 – [abrdn EUROPEAN LOGISTICS INCOME PLC] – 19 04 2024 – (CGWL)

FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORERule 8.3 of the Takeover Code (the “Code”) 1.        KEY INFORMATION(a)   Full name of discloser: CANACCORD GENUITY WEALTH LIMITED (for Discretionary clients)(b)   Owner or controller of interests and short positions disclosed, if different from 1(a):        The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named. N/A(c)   Name of offeror/offeree in relation to whose relevant securities this form relates:        Use a separate form for each offeror/offeree abrdn EUROPEAN LOGISTICS INCOME PLC(d)   If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: N/A(e)   Date...

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