Month: April 2024

Press release, Helsinki, 26 April 2024 at 3 PM (EEST) Neurosurgery Customer from Germany Orders Nexstim NBS System 5 Nexstim Plc (NXTMH:HEX) (“Nexstim” or “Company”) has received an order for a new NBS System 5 from an existing customer hospital in Germany. The system will be used in neurosurgery. The Nexstim Navigated Brain Stimulation (NBS) System 5 is indicated for non-invasive mapping of the primary motor cortex of the brain to its cortical gyrus and localization of cortical areas that do not contain essential speech function. The information gained from the mapping may be used in pre-procedural planning. Mikko Karvinen, CEO of Nexstim, comments: “Our diagnostics system offers a unique possibility for neurosurgeons to receive crucial information about the location of vital functional areas before a surgery....

BALTIMORE, April 26, 2024 (GLOBE NEWSWIRE) — In response to the recent tragedy at the Francis Scott Key Bridge in Baltimore, Verizon is donating $25,000 to the Maryland Tough Baltimore Strong Key Bridge Fund in collaboration with the Baltimore Community Foundation (BCF). Verizon’s contribution to the Fund will help support children and families of the deceased and survivors; first responders reporting to the scene and its aftermath; and job placement programs for displaced port workers. Funding will also provide technical assistance to impacted small businesses in Southeast Baltimore City and County. “The tragic collapse of the Francis Scott Key bridge has impacted so many in the Baltimore community, and our hearts go out to the families and friends of those who lost their lives that day,” said Chris Flood, Atlantic North...

White Paper Details Recent Trends and Provides Current Industry Data and Analysis on the Growing Nutraceutical Industry MIAMI, April 26, 2024 (GLOBE NEWSWIRE) — Smart for Life, Inc. (Nasdaq: SMFL) (“Smart for Life” or the “Company”), a global leader in the Health & Wellness sector marketing and manufacturing nutritional supplements and foods, today announced the release of a white paper on the Nutraceuticals industry, by market analyst Arthur Goldgaber of Goldgaber Research Group. Entitled “Sector Opportunity: Nutraceutical Industry Growth Due to Demand for Preventative Health Products,” the white paper describes how the nutraceutical industry has been growing at a robust rate thanks to an expanding interest in self-care as healthcare costs have risen. From the white paper, “The pandemic has also spurred sales of dietary supplements...

SINGAPORE, April 26, 2024 (GLOBE NEWSWIRE) — Genius Group Limited (NYSE American: GNS) (“Genius Group” or the “Company”), a leading AI-powered education group, today welcomed leading education entrepreneurs as new shareholders of the Company. Genius Group’s new investors include: Brent Richardson, Past CEO and Chairman of Grand Canyon Education. Mr Richardson led the transformation of Grand Canyon University from a near-bankrupt institution in 2004 to an early pioneer in online education and a global institution with over 100,000 students worldwide. Dr Ali Saeed Bin Harmal Aldhaheri, Founder and Chairman of Abu Dhabi University. Dr Ali has built Abu Dhabi University into one of UAE’s leading academic insititutions. He is also the First Vice Chairman of the Abu Dhabi Chamber of Commerce Board of Directors and a member of the Economic...

ITHACA, Mich., April 26, 2024 (GLOBE NEWSWIRE) — Commercial National Financial Corporation (Pink Sheets: CEFC) reported net income for the first quarter of 2024 of $1,161,000 or $0.29 per share compared to first quarter 2023 net income of $1,470,000 or $0.37 per share. Return on Equity (ROE) was 9.95% for the first quarter of 2024 compared to 14.40% for the first quarter of 2023. Net interest income for the first quarter of 2024 decreased by $199,000 or 4.2% compared to the respective 2023 period. While interest income increased by $539,000 due to higher yields on loans and other interest-earning assets, interest expense increased at a higher rate of $738,000, which resulted in slightly lower net interest margin and reduced income. The main contributing factors resulting in higher interest expense was an increase in the federal...

STAMFORD, Conn., April 26, 2024 (GLOBE NEWSWIRE) — Star Group, L.P. (the “Company” or “Star”) (NYSE: SGU), a leading home energy distributor and services provider, today announced that it will release its fiscal 2024 second quarter results after the close of trading on May 1, 2024. Members of Star’s management team will host a webcast and conference call at 11:00 a.m. Eastern Time the following day, May 2, 2024, to review the three months ended March 31, 2024. The webcast will be accessible on the company’s website, at www.stargrouplp.com, and the telephone number for the conference call is 888-346-3470 (412-317-5169 for international callers). About Star Group, L.P.Star Group, L.P. is a full service provider specializing in the sale of home heating products and services to residential and commercial customers to heat their...

ZEELAND, Mich., April 26, 2024 (GLOBE NEWSWIRE) — Gentex Corporation (NASDAQ: GNTX), a leading supplier of digital vision, connected car, dimmable glass and fire protection technologies, today reported financial results for the three months ended March 31, 2024. 1st Quarter 2024 SummaryNet sales of $590.2 million, a new quarterly sales record, and a 7% increase compared to the first quarter of 2023 Gross profit margin of 34.3%, an increase of 260 basis points from the first quarter of 2023 Income from operations of $129.3 million, a 14% increase compared to the first quarter of 2023 Net income of $108.2 million, an 11% increase compared to the first quarter of 2023 Earnings per diluted share of $0.47, a 12% increase compared to the first quarter of 2023For the first quarter of 2024, the Company reported net sales of $590.2...

JOHNS CREEK, Ga., April 26, 2024 (GLOBE NEWSWIRE) — Saia, Inc. (Nasdaq: SAIA), a leading transportation provider offering national less-than-truckload (LTL), non-asset truckload, expedited and logistics services, today announced that Douglas Col, Executive Vice President and Chief Financial Officer, plans to retire after 10 years at the Company, including the last four years as Chief Financial Officer. “Doug and I both joined Saia in 2014 and we have worked closely together since day one,” said Frederick Holzgrefe, Saia’s President and Chief Executive Officer. “Doug’s diverse background in the transportation space and the perspective he has brought to our organization have been integral in shaping Saia’s emergence as a leading company in the less-than-truckload industry.” Saia’s Chairman of the Board, Richard O’Dell added, “Doug...

VANCOUVER, British Columbia, April 26, 2024 (GLOBE NEWSWIRE) — Ceylon Graphite Corp. (“Ceylon” or the “Company”) (TSX-V: CYL) (OTC: CYLYF) (FSE: CCY) announces that it intends issue 548,999 common shares (collectively, the “Interest Shares”) in satisfaction of interest (the “Interest”) due on secured convertible debenture units of the Company (the “Debentures”). The Company previously announced the issuance of the Debentures in an aggregate principal amount of C$365,000 in its news release dated October 27, 2023. As previously disclosed, the Debentures bear an interest rate of 9%, such interest to be payable in cash or shares at the sole option of the Company. The aggregate Interest payable by the Company is $16,470.00. In accordance with the policies of the TSX Venture Exchange and the terms of the Debentures, the Interest Shares...

Toronto, ON, April 26, 2024 (GLOBE NEWSWIRE) — Gulf & Pacific Equities Corp. (TSX-V: GUF) an established company focused on the acquisition, management and development of anchored shopping centres in Western Canada, reports a 5.4% increase in revenues to $4,442,745 in the year ended December 31, 2023, from $4,215,751 at the same period last year. Details of the twelve and three months financial results for fiscal 2023 and 2022 under International Financial Reporting Standards (IFRS), as summarized below, are also available at www.sedar.com or the company’s website www.gpequities.com.  Year Ended   Three Months Ended  (Audited)   (Unaudited)  December 31,   December 31,    2023     2022     2023   2022           Revenue $ 4,442,745   $ 4,215,751   $ 1,260,190 $ 1,275,116           Net Income (Loss)...