Month: May 2024

McLEAN, Va., May 21, 2024 (GLOBE NEWSWIRE) — HII (NYSE: HII) executive Ashutosh Gokhale was honored at WashingtonExec’s Chief Officer Awards ceremony, held on May 10 in McLean. Gokhale, who serves as chief financial officer and senior vice president of business management at HII’s Mission Technologies division, won the Public Company CFO of the Year award. Gokhale was recognized for a range of business management improvements he led in 2023, including consolidation of an Enterprise Reporting Management system; implementation of new financial reporting software and a new accounts payable system; restructuring the division’s indirect rates; enhancing Sarbanes-Oxley controls; and improving cash collections. “All of these enhancements and implementations were important for maintaining and achieving optimum efficiency and driving long-term...

Press Release Market update The deadline for the Annual General Meeting to approve the 2023 financial statements has been extended to December 31, 2024, by the President of the Pontoise Commercial Court, to provide Atos with a stable framework to complete the current discussions on a financial restructuring agreement by July 2024.The statutory accounts have been approved by the Board of Directors and certified without any reserve by Atos’ statutory auditors. Atos reminds that the non-binding offers received for its restructuring, all entail a massive dilution of its current shareholders.Paris, France – May 21, 2024 In accordance with applicable legal provisions, Atos SE (“Atos” or the “Company”) announces today that it has requested and obtained from the President of the Commercial Court of Pontoise an extension of the deadline for...

WISeKey Shares Key Discussion Points From Its FY 2023 Results Conference Call Geneva, Switzerland – May 21, 2024: WISeKey International Holding Ltd. (“WISeKey”) (SIX: WIHN, NASDAQ: WKEY), a global leader in cybersecurity, digital identity, and Internet of Things (IoT) innovations, operating as a holding company, shares key discussion points from its FY 2023 Results Conference Call held on May 21, 2024. The call covered FY 2023 financial and operational results, as well as significant projects and strategic initiatives that WISeKey is executing to drive innovation and growth in 2024 and beyond, including steps taken towards transitioning into a recurring revenue business while maintaining operational efficiency and technological advancement. Investors can access the archived webcast of the call at https://www.wisekey.com/wisekey-events/....

ROCKVILLE, Md., May 21, 2024 (GLOBE NEWSWIRE) — Capital Bank, N.A., a leading provider of financial services in the greater Washington, D.C. metropolitan area, is thrilled to announce the relocation and expansion of its Reston branch to better serve the needs of its valued customers and the dynamic local business community. The brand-new branch is located at 1900 Campus Commons Dr, Suite 130, Reston, VA 20191, replacing the former location at 10700 Parkridge Blvd # 180, Reston, VA and opened its doors on May 6th, 2024. “We are excited to provide our customers in the Reston area with a larger and more accessible branch,” said Ed Barry, CEO of Capital Bank, N.A. “This move underscores our commitment to enhancing the banking experience for our clients and supporting the growth of our local business community.” The...

San Diego, California, May 21, 2024 (GLOBE NEWSWIRE) — HUMBL, Inc. (OTC: HMBL) with the filing of its latest 10-Q, announced that it has continued to reduce its stockholders’ deficit significantly over the last five quarters. The Company has reduced its stockholders’ deficit from ($35,289,568) as of the 10-K filing for the year ended December 31, 2022, to ($1,809,551) as of the 10-Q quarterly filing period ended March 31, 2024, a reduction of the deficit by $33,480,017. Important factors in the reduction included the conversion of debt into equity, as well as the negotiating and streamlining of budget costs, resulting in less cash burn and a reduction of overall operating expenses. “HUMBL continues to make measurable progress on cleaning up its balance sheet: converting debt into equity, negotiating with vendors and service providers,...

SECAUCUS, N.J., May 21, 2024 (GLOBE NEWSWIRE) — The Children’s Place, Inc. (Nasdaq: PLCE), an omni-channel children’s specialty portfolio of brands with an industry-leading digital-first model, today announced the departure of Jane Elfers, President and CEO, and announced the appointment of Muhammad Umair as the new President and Interim CEO, effective May 20, 2024. The Company thanks Jane for her dedication to the Company and wishes her well in her next chapter. Jane Elfers said, “I want to thank the entire team at The Children’s Place for their hard work and dedication, and I wish them the best of luck.” Mr. Umair and the Board are focused on continuing to build the Company’s position as a global best-in-class specialty retailer. In his capacity as Director, Mr. Umair has been immersed in the Company’s portfolio of brands, retail...