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Month: May 2024

Air France-KLM announces the final results of its tender offer

                                         Paris, May 22, 2024         Air France-KLM announces the final results of its tender offer on two series of existing notes Air France-KLM (the “Company”) (Euronext Paris: FR0000031122) rated BBB- by Fitch and BB+ by S&P announces today the final results of its tender offer launched on 13 May 2024 on the following two series of existing notes in cash:€750,000,000 1.875 per cent notes due 16 January 2025 (ISIN: FR0013477254) (of which €750,000,000 is currently outstanding) (the “2025 Notes”); and €500,000,000 3.875 per cent notes due 1st July 2026 (ISIN: FR0014004AF5) (of which €500,000,000 is currently outstanding) (the “2026 Notes” and, together with the 2025 Notes, the “Existing Notes”) (the “Tender Offer”).Existing Notes for a total principal amount of €452.7 million, representing 36.2%...

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Hovnanian Enterprises Reports Fiscal 2024 Second Quarter Results

Income Before Income Taxes Increased More Than 50% Year-Over-Year170 Basis Points Year-Over-Year Increase in Homebuilding Gross Margin PercentageNet Contracts per Community Increased Year-Over-Year to 13.9 MATAWAN, N.J., May 22, 2024 (GLOBE NEWSWIRE) — Hovnanian Enterprises, Inc. (NYSE: HOV), a leading national homebuilder, reported results for its fiscal second quarter and six months ended April 30, 2024. RESULTS FOR THE THREE-MONTH AND SIX-MONTH PERIODS ENDED APRIL 30, 2024:Total revenues were $708.4 million in the second quarter of fiscal 2024, compared with $703.7 million in the same quarter of the prior year. For the six months ended April 30, 2024, total revenues were $1.30 billion compared with $1.22 billion in the first half of fiscal 2023.Sale of homes revenues increased to $686.9 million (1,283 homes) in the fiscal...

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STEALTHGAS INC. Reports First Quarter 2024 Financial and Operating Results

ATHENS, Greece, May 22, 2024 (GLOBE NEWSWIRE) — STEALTHGAS INC. (NASDAQ: GASS), a ship-owning company serving the liquefied petroleum gas (LPG) sector of the international shipping industry, announced today its unaudited financial and operating results for the first quarter ended March 31, 2024. OPERATIONAL AND FINANCIAL HIGHLIGHTSAll-time record quarterly Net Income of $17.7 million for the first quarter of 2024, a 5.4% increase compared to last year’s first quarter, corresponding to a basic EPS of $0.49. Revenues increased by 9.2% compared to the same period of last year to $41.6 million. Voyage and operating expenses decreased by 22.7% and Income from operations increased by 80.0% compared to the same period of last year. Further increased period coverage. About 73% of fleet days for remainder of 2024 are secured on period...

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KANZHUN LIMITED to Hold Annual General Meeting on June 28, 2024

BEIJING, May 22, 2024 (GLOBE NEWSWIRE) — KANZHUN LIMITED (“BOSS Zhipin” or the “Company”) (Nasdaq: BZ; HKEX:2076), a leading online recruitment platform in China, today announced that it will hold an annual general meeting of the Company’s shareholders (the “AGM”) at 3 p.m. Beijing time on June 28, 2024 at 21/F, GrandyVic Building, Taiyanggong Middle Road, Chaoyang District, Beijing, China for the purposes of considering and, if thought fit, passing with or without amendments, each of the proposed resolutions as set forth in the notice of the AGM (the “AGM Notice”). The AGM Notice, a circular in relation to the AGM, and the form of proxy for the AGM are available on the Company’s website at https://ir.zhipin.com. The board of directors of the Company fully supports the proposed resolutions and recommends that shareholders and holders...

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HydroGraph Announces $1.6 Million Private Placement

Not for distribution to U.S. newswire services or dissemination in the United States.All dollar amounts are in Canadian dollars unless otherwise indicated‎. VANCOUVER, British Columbia, May 22, 2024 (GLOBE NEWSWIRE) — HydroGraph Clean Power Inc. (CSE: ‎HG) (OTCQB: HGCPF) (the “Company” or “HydroGraph”), a commercial manufacturer of high-‎quality graphene and other nanomaterials, ‎is pleased to announce that it intends to complete a non-brokered private placement of units of the Company (the “Units”), at a price of $0.16 per Unit, for aggregate gross proceeds of up to $1,600,000 (the “Offering”). Each Unit will consist of one common share in the capital of the Company (each, a “Common Share”) and one-half of one Common Share purchase warrant of the Company (each whole warrant, a “Warrant”). Each Warrant will entitle the holder thereof...

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Andes Technology and Arteris Partner To Accelerate RISC-V SoC Adoption

Highlights:Andes Technology and Arteris partnership aims to support the growing adoption of RISC-V SoCs by mutual customers. Focus is on high-performance/low-power RISC-V-based designs across a wide range of markets, including consumer electronics, communications, industrial applications and AI. The collaboration showcases integrated and optimized solutions with leading Andes RISC-V processor IPs and Arteris interconnect IP in silicon.CAMPBELL, Calif., May 22, 2024 (GLOBE NEWSWIRE) — Arteris, Inc. (Nasdaq: AIP), a leading provider of system IP that accelerates system-on-chip (SoC) creation and Andes Technology (TWSE: 6533), a founding and premier member of RISC-V International and a leading supplier of high-performance/low-power RISC-V processor IP, today announced their partnership to advance innovation for RISC-V based SoC...

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Orchestra BioMed to Participate in Jefferies Global Healthcare Conference

NEW HOPE, Pa., May 22, 2024 (GLOBE NEWSWIRE) — Orchestra BioMed Holdings, Inc. (Nasdaq: OBIO, “Orchestra BioMed” or the “Company”), a biomedical company accelerating high-impact technologies to patients through risk-reward sharing partnerships, today announced that company management will present and be available for one-on-one meetings at the Jefferies Global Healthcare Conference being held in New York, NY, June 4-6, 2024. Details of the presentation are below. Format: Fireside Chat Date: Wednesday, June 5, 2024 Time: 4:00 PM ET (Track 1) Webcast: https://wsw.com/webcast/jeff302/obio/1835536 A replay of the webcast will be available on the Events section of the Orchestra BioMed website for 90 days following the presentation. About Orchestra BioMedOrchestra BioMed (Nasdaq: OBIO) is a biomedical innovation company accelerating...

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First Heart Rhythm Patients in Southern Italy Treated with Advanced Robotic Technology

ST. LOUIS, May 22, 2024 (GLOBE NEWSWIRE) — Stereotaxis (NYSE: STXS), a pioneer in surgical robotics for minimally invasive endovascular intervention, today announced that Hospital Santa Maria della Pietà, in Nola in the Metropolitan City of Naples, has established the first robotic cardiac heart program in Southern Italy. Patients suffering from heart rhythm disorders are now being successfully treated with robotic ablation procedures using this advanced technology, and Hospital Santa Maria della Pietà is the first hospital in Italy to adopt the cutting-edge Genesis Robotic Magnetic Navigation (RMN) system. “As electrophysiologists, our primary goal is to improve the lives of our patients,” said Dr. Mario Volpicelli, Head of the Electrophysiology Unit of the hospital. “With the Genesis RMN system, we now have an unprecedented level...

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AITX Unveils AIR™ as the Core of Its Operations, Revolutionizing Industry Standards with Advanced Autonomous Solutions

AIR Manifesto Now Available on AITX Website Detroit, Michigan, May 22, 2024 (GLOBE NEWSWIRE) — Artificial Intelligence Technology Solutions, Inc. (the “Company”) (OTCPK:AITX), is excited to announce that AIR™ (Autonomous Intelligent Response) has become the core paradigm driving all client solutions across AITX and its subsidiaries. Fully detailed and downloadable on the AITX website as of today, AIR represents the concepts and applications that integrate artificial intelligence with autonomous response capabilities across various security and facility management applications and devices. AIR is the cumulation of years of development and experience and is aimed to transform and elevate the efficiency and effectiveness of security operations by leveraging advanced AI and machine learning technologies. This platform produces...

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NeurAxis Reports First Quarter 2024 Financial Results

CARMEL, Ind., May 22, 2024 (GLOBE NEWSWIRE) — NeurAxis, Inc. (“NeurAxis,” or the “Company”) (NYSE American: NRXS), a medical technology company commercializing neuromodulation therapies for chronic and debilitating conditions in children and adults, today announced results for the first quarter 2024 for the period ended March 31, 2024. Recent Operational HighlightsExpanded total covered lives to approximately 22.5 million covered lives, an increase of 400% compared to 4.5 million covered lives as of May 1, 2023. Recent medical policy coverages include:BCBS licensee in Florida covering over 6 million lives. BCBS licensee in North Dakota covering over 310,000 people. BCBS plan in the mid-Atlantic region, providing coverage for approximately 7 million covered lives. Medical Policy with a BCBS licensee covering approximately 1...

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