Month: April 2024

Foundry for AI by Rackspace (FAIR) Partners with OhioX to Drive Responsible AI Adoption in Ohio

Written by Customer Service on April 23, 2024. Posted in Public Companies.

Statewide nonprofit technology and innovation trade association promote ethical AI practices, fosters innovation, and drives economic growth in Ohio SAN ANTONIO, April 23, 2024 (GLOBE NEWSWIRE) — Rackspace Technology® (NASDAQ: RXT), the leading end-to-end, hybrid multicloud and AI technology solutions company, today announced that Foundry for AI by Rackspace (FAIR™) is proud to partner with OhioX, Ohio’s statewide nonprofit technology and innovation trade association, to accelerate the responsible adoption of Artificial Intelligence (AI) among enterprises across the state. This collaboration aims to promote ethical AI practices, foster innovation, and drive economic growth in Ohio. As part of this partnership, FAIR is the exclusive presenting partner of the 2024 OhioX Ohio AI Roundtable bringing together industry leaders...

Phorcys Capital Partners, LLC Acquires Prosper at Wickliffe, Expanding Senior Living Portfolio

Written by Customer Service on April 23, 2024. Posted in Mergers And Acquisitions.

ALPHARETTA, Ga., April 23, 2024 (GLOBE NEWSWIRE) — Phorcys Capital Partners, LLC (“PCP”), the investment advisor to Phorcys Senior Housing Recovery Fund LP (“SHRF”), has announced its acquisition of a 160-unit assisted living facility in Wickliffe, Ohio, through a trustee-directed short sale for $13.0 million. The community will be rebranded as “Prosper at Wickliffe” and will be managed by Prosper Life Care. Prosper at Wickliffe“We are delighted to announce the acquisition of Prosper at Wickliffe and look forward to our shared goal with Prosper to bring affordable top-rate care for seniors in the surrounding community,” said Vasileios Sfyris, Managing Partner of PCP. “This is our second investment in SHRF, and we will continue to focus on the winding down of muni-financed bond transactions to add additional assets to...

Survey: Physicians Turning to Locum Tenens to Improve Work Conditions, Relieve Burnout

Written by Customer Service on April 23, 2024. Posted in Public Companies.

Many Would Return to Permanent Positions If Conditions Right DALLAS, April 23, 2024 (GLOBE NEWSWIRE) — Physicians and advanced practice professionals are opting for the flexibility of temporary, “locum tenens” work in order to improve job conditions and address feelings of burnout, according to a new survey by AMN Healthcare, the nation’s leading healthcare workforce solutions company. Latin for “to hold a place,” locum tenens refers to physicians and other clinicians who work on temporary assignments that can range from a few days to up to a year. The survey asked physicians, nurse practitioners (NPs) and physician assistants (PAs) who recently have worked as locum tenens why they do so. The number one reason, cited by 86% of those surveyed, was to obtain a better work schedule. The second reason, cited by 80%, was to address...

U.S. Global Investors Announces Merger of Europe-Domiciled Airlines ETF into the Travel UCITS ETF (TRIP), Expanding and Diversifying Investment Opportunities in Global Travel Industry

Written by Customer Service on April 23, 2024. Posted in Public Companies.

Sales at Big Three Cruise Lines Have Exceeded Pre-Pandemic YearsU.S. Global InvestorsSan Antonio, TX, April 23, 2024 (GLOBE NEWSWIRE) — U.S. Global Investors, Inc. (NASDAQ: GROW) (the “Company”), a registered investment advisory firm with longstanding experience in global markets and specialized sectors, today is excited to announce that its Europe-domiciled airlines ETF, the U.S. Global Jets UCITS ETF, has merged into the Travel UCITS ETF (TRIP), effective April 19, 2024. The Company acquired TRIP—which is also listed as TRYP in certain European markets—from HANetf, Europe’s first and only independent, full-service provider of UCITS ETFs. TRIP is not to be confused with U.S. online booking company TripAdvisor, which also trades under the ticker TRIP on the Nasdaq. “We are very excited about this merger, and we believe...

Eagle Bancorp Montana Earns $1.9 Million, or $0.24 per Diluted Share, in the First Quarter of 2024 Declares Quarterly Cash Dividend of $0.14 Per Share and Renews Stock Repurchase Plan

Written by Customer Service on April 23, 2024. Posted in Public Companies.

HELENA, Mont., April 23, 2024 (GLOBE NEWSWIRE) — Eagle Bancorp Montana, Inc. (NASDAQ: EBMT), (the “Company,” “Eagle”), the holding company of Opportunity Bank of Montana (the “Bank”), today reported net income of $1.9 million, or $0.24 per diluted share, in the first quarter of 2024, compared to $2.2 million, or $0.28 per diluted share, in the preceding quarter, and $3.2 million, or $0.42 per diluted share, in the first quarter of 2023. Eagle’s board of directors declared a quarterly cash dividend to $0.14 per share on April 18, 2024. The dividend will be payable June 7, 2024, to shareholders of record May 17, 2024. The current dividend represents an annualized yield of 4.40% based on recent market prices. “Eagle’s first quarter operating results reflect disciplined loan growth and lower noninterest expenses as we continue to...

Farmers and Merchants Bancshares, Inc. Reports Earnings of $1,219,987 or $0.39 per Share for the Three Months Ended March 31, 2024

Written by Customer Service on April 23, 2024. Posted in Earnings Releases And Operating Results.

HAMPSTEAD, Md., April 23, 2024 (GLOBE NEWSWIRE) — Farmers and Merchants Bancshares, Inc. (the “Company”), the parent company of Farmers and Merchants Bank (the “Bank” and, together with the Company, “we”, “us” and “our”), announced that net income for the three months ended March 31, 2024 was $1,219,987, or $0.39 per common share (basic and diluted), compared to $1,900,851, or $0.62 per common share (basic and diluted), for the same period in 2023. Higher interest expense as a result of the Federal Reserve rate increases over the last two years was the primary reason for the decline in net income. The Company’s return on average equity during the three months ended March 31, 2024 was 9.40% compared to 15.49% for the same period in 2023. The Company’s return on average assets during the three months ended March 31, 2024 was 0.61%...

Heartland Express, Inc. Reports Operating Results for the First Quarter of 2024

Written by Customer Service on April 23, 2024. Posted in Earnings Releases And Operating Results.

NORTH LIBERTY, Iowa, April 23, 2024 (GLOBE NEWSWIRE) — Heartland Express, Inc. (Nasdaq: HTLD) announced today financial results for the three months ended March 31, 2024. Three months ended March 31, 2024:Operating Revenue of $270.3 million, Net Loss of $15.1 million, Basic Loss per Share of $0.19, Operating Ratio of 105.3% and 105.6% Non-GAAP Adjusted Operating Ratio(1), Total Assets of $1.5 billion, Stockholders’ Equity of $848.8 million.Heartland Express Chief Executive Officer Mike Gerdin commented on the quarterly operating results and ongoing initiatives of the Company, “Our consolidated operating results for the three months ended March 31, 2024 reflect the combination of an extended and significant period of weak freight demand, driven by excess capacity in the industry, unfavorable weather early in the...

Welltec Q1 2024 Interim Report and Investor Conference Call Announcement

Written by Customer Service on April 23, 2024. Posted in Earnings Releases And Operating Results.

Q1 2024 Interim Report and Investor Conference Call Announcement Welltec® will disclose its Q1 2024 Interim Report and will discuss the results during an investor conference call to be held Wednesday, May 15th, 2024, at 5 pm CEST. The conference call will be available only to current and prospective bond holders, broker dealers, and securities analysts, and can be accessed by dialing in a few minutes before the start and informing the operator that you would like to participate in Welltec’s investor conference call. Relevant dial-in details and conference ID can be obtained by contacting Kris Petrov krpetrov@welltec.com and registering for the call. Registration will not be possible once the investor conference has started. The Q1 2024 Interim Report will be made available in the “Investor Room” on Welltec’s website at http://www.welltec.com/investors.For...

Atos to secure and optimize edge observability & operations with Centerity Systems and Dell NativeEdge

Written by Customer Service on April 23, 2024. Posted in Public Companies.

News Atos to secure and optimize edge observability & operations with Centerity Systems and Dell NativeEdge Centerity CSM2 Edge Wall-to-Wall observability, automation and asset management software platform is now included in Atos edge to cloud AI-enabled offering, Atos SmartEdge for Business Outcomes, supported by Dell NativeEdge Paris, France – April 23, 2024 – Atos today announces a partnership with Centerity systems to include its CSM2 software platform, a Dell NativeEdge certified ISV, in the Atos SmartEdge for Business Outcomes offering. Atos SmartEdge is an end-to-end, edge to cloud, AI-enabled solution that draws on the Atos Technology Services portfolio. With Centerity’s CSM2 and Atos’ expertise in collecting data at the edge and integrating AI-trained models and hardware components within complex IT infrastructures from...

Old National Bancorp Reports First Quarter 2024 Results

Written by Customer Service on April 23, 2024. Posted in Earnings Releases And Operating Results.

EVANSVILLE, Ind., April 23, 2024 (GLOBE NEWSWIRE) — Old National Bancorp (NASDAQ: ONB) reports 1Q24 net income applicable to common shares of $116.3 million, diluted EPS of $0.40; $130.8 million and $0.45 on an adjusted1 basis, respectively. CEO COMMENTARY: “Old National’s positive quarterly results were highlighted by continued growth in our granular, peer-leading deposit franchise, disciplined loan growth, a year-over-year tangible book value increase, and stable credit quality,” said Chairman and CEO Jim Ryan. “We accomplished these strong results while driving toward a successful close (on April 1) of our partnership with Nashville-based CapStar Bank.” FIRST QUARTER HIGHLIGHTS2:Net IncomeNet income applicable to common shares of $116.3 million; adjusted net income applicable to common...

Month: April 2024

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