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Day: July 12, 2024

Glen Burnie Bancorp Declares 2Q 2024 Dividend

GLEN BURNIE, Md., July 12, 2024 (GLOBE NEWSWIRE) — Glen Burnie Bancorp (NASDAQ: GLBZ), parent company of The Bank of Glen Burnie®, announced that its Board of Directors declared a regular dividend of ten cents ($0.10) per share of common stock at their meeting on July 11, 2024. This action marks the company’s 128th consecutive dividend. The regular dividend is payable on August 5, 2024, to shareholders of record at the close of business on July 22, 2024. Glen Burnie Bancorp, parent company to The Bank of Glen Burnie, currently maintains consolidated assets totaling $355.7 million at June 30, 2024. Founded in 1949, The Bank of Glen Burnie is a community bank with eight branch offices serving Anne Arundel County, MD (www.thebankofglenburnie.com). Certain information contained in this news release, which does not relate to historical...

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JAKKS Pacific, Inc. Announces Second Quarter 2024 Earnings Call

SANTA MONICA, Calif., July 12, 2024 (GLOBE NEWSWIRE) — JAKKS Pacific, Inc. (NASDAQ: JAKK) will announce its second quarter 2024 financial results on Wednesday, July 31, 2024 after the close of the stock market. The Company will hold a teleconference and webcast to discuss the results, and may also discuss future plans and prospects. JAKKS Pacific, Inc. invites analysts, investors and media to listen to the teleconference scheduled for 5:00 p.m. ET / 2:00 p.m. PT on July 31, 2024. A live webcast of the call will be available on the “Investor Relations” page of the Company’s website at www.jakks.com/investors. To access the call by phone, please go to this link (2Q24 Registration link), and you will be provided with dial-in details. To avoid delays, we encourage participants to dial into the conference call ten minutes ahead of the...

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White River Bancshares Co. Earns a Record $1.85 million, or $1.61 Per Diluted Share, in 2Q24; Highlighted by Successful Capital Raise and Net Interest Margin Expansion

FAYETTEVILLE, Ark., July 12, 2024 (GLOBE NEWSWIRE) — White River Bancshares Company (OTCQX: WRIV), (the “Company”) the holding company for Signature Bank of Arkansas (the “Bank”), today reported net income increased 137.5% to $1.85 million, or $1.61 per diluted share, in the second quarter of 2024, compared to $779,000, or $0.78 per diluted share, in the second quarter of 2023. In the preceding quarter, the Company earned $509,000, or $0.51 per diluted share. In the first six months of 2024, net income increased 110.9% to $2.36 million, or $2.21 per diluted share, compared to $1.12 million, or $1.12 per diluted share, in the first six months of 2023. All financial results are unaudited. “We reported record operating results for the second quarter of 2024, fueled by strong net interest income generation, net interest margin expansion...

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Enovis™ Releases AltiVate Reverse® Glenoid System, Widening Range of Patients Who May be Treated with AltiVate Reverse®

New full-range solution adds bone-sparing baseplate, peripheral fixation, and glenosphere options to proven reverse shoulder prosthesis (RSP®) glenoid baseplate while maintaining hallmark simplicity and efficiency. First surgery using AltiVate Reverse® Glenoid System conducted by Dr. Mark Frankle at Tampa General Hospital on Monday, July 8, 2024. AUSTIN, TX, July 12, 2024 (GLOBE NEWSWIRE) —  Enovis™ (NYSE: ENOV), a leading innovator in shoulder arthroplasty systems that help improve quality of life and restore movement, introduced today the one-tray AltiVate Reverse® Glenoid System, which expands the glenoid implant offering of the market-leading AltiVate Reverse to include modular, augmented baseplates. Based on the Company’s central screw fixation design with a minimum of 10 years of clinical follow-up1, the AltiVate Reverse®...

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Syntec Optics (Nasdaq: OPTX) to Manufacture over $1M in Advanced Optics for Next Generation U.S. Defense Integrated Optics System

Enabling higher accuracy for the Smart Optics System ROCHESTER, NEW YORK, July 12, 2024 (GLOBE NEWSWIRE) — Syntec Optics (Nasdaq: OPTX), a mission-critical supplier of scientific and technical instruments and defense and aerospace optics to OEMs, today announced it is scheduling to manufacture orders for two critical optics that fit in the next generation military optics systems. Such new systems provided by the customer integrate several advanced technologies, including a variable magnification optic, laser rangefinder, visible and infrared lasers, a digital display overlay, and several other sensing and calculating abilities. Syntec’s mission-critical optics deliveries of nearly $900,000 are scheduled for twelve months. Orders will likely increase in the following years and are anticipated to last over a decade. Syntec...

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Shineco Announces Pricing of $2 Million Underwritten Public Offering

Beijing, July 12, 2024 (GLOBE NEWSWIRE) — Shineco, Inc. (“Shineco” or the “Company”) (NASDAQ: SISI), a provider of innovative diagnostic medical products and related medical devices, today announced the pricing of its underwritten public offering of 1,869,160 shares of its common stock at a public offering price of $1.07 per share of common stock, for aggregate gross proceeds of approximately $2 million, prior to deducting underwriting discounts and other offering expenses. In addition, the Company has granted the underwriters a 45-day option to purchase up to an additional 280,374 shares of common stock at the public offering price per share, less the underwriting discounts to cover over-allotments, if any. The offering is expected to close on July 15, 2024, subject to satisfaction of customary closing conditions. EF Hutton LLC...

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Unrivaled Brands Wins Another Key Court Battle Against People’s California, LLC

SANTA ANA, Calif., July 12, 2024 (GLOBE NEWSWIRE) — Blum Holdings, Inc. (OTCQB: BLMH) (the “Company,” “Blüm Holdings,” “we” or “us”), a cannabis company with subsidiaries operating throughout California, announces two more legal victories by its wholly owned subsidiary, Unrivaled Brands, Inc. (“Unrivaled”), against People’s California, LLC (“People’s”). This time, Unrivaled successfully defended an ex parte application brought by People’s, with the Court denying People’s request for a multi-million dollar judgment to be entered against Unrivaled. At the same hearing, the Court granted Unrivaled’s application for a preliminary injunction barring People’s from attempting to foreclose on a building owned by an affiliated entity and invalidating a prior foreclosure attempt by People’s, following a previously granted Temporary Restraining...

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Navitas in Japan: Next-gen AI Data Center, EV, Industrial, and Fast Charging SiC and GaN Showcased at Techno-Frontier

Navitas and partner J Rep to provide leading solutions to reduce time to market and simplicity of designs, with the highest system efficiency, reliability, and power density.Navitas in Japan: Next-gen AI Data Center, EV, Industrial, and Fast Charging SiC and GaN Showcased at Techno-FrontierNavitas and partner J Rep to provide leading solutions to reduce time to market and simplicity of designs, with the highest system efficiency, reliability, and power density.TORRANCE, Calif., July 12, 2024 (GLOBE NEWSWIRE) — Navitas Semiconductor (Nasdaq: NVTS), the industry leader in next-generation GaNFast™ gallium nitride (GaN) and GeneSiC™ silicon carbide (SiC) power semiconductors, today announced it will team up with its Japanese sales and marketing partner, J Rep, at Japan’s largest power electronics trade show...

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AMN Healthcare to Hold Second Quarter 2024 Earnings Conference Call on Thursday, August 8, 2024

DALLAS, July 12, 2024 (GLOBE NEWSWIRE) — AMN Healthcare Services, Inc. (NYSE: AMN), has scheduled a conference call to discuss its second quarter 2024 financial results and third quarter 2024 outlook on Thursday, August 8, 2024, at 5:00 p.m. Eastern Time. On the same day, the Company also expects to issue an earnings news release after market close at approximately 4:15 p.m. Eastern Time. A live webcast of the call can be accessed through this webcast link, which also will be available on AMN Healthcare’s investor relations website. Interested parties may participate live via telephone by registering at this conference call link. Please follow the link and register with a valid e-mail address. A PIN will be provided to you with dial-in instructions. If you lose track of these details, please re-register at the conference call link...

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Power Tools Market to Surpass USD 67.64 Billion by 2031 | Skyquest Technology

Westford, USA, July 12, 2024 (GLOBE NEWSWIRE) — SkyQuest projects that the global power tools market will attain a value of USD 67.64 billion by 2031, with a CAGR of 5.8% during the forecast period (2024-2031). The power tools market is led by different factors and had double-digit growth figures in developed and developing countries’ markets. As a discrete part of the driving force, the surge can be attributed to an evident upsurge in the demand for public infrastructure schemes, in countries that are referred to as emerging economies. These growing countries with large populations, growing at a rapid rate, are putting a lot of money into infrastructure development. As a result, the demand for construction or any related tools powering these activities are also increasing. Download a detailed overview: https://www.skyquestt.com/sample-request/power-tools-market Browse...

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