Day: July 18, 2024

Athene Announces Fixed Income Investor Conference Call

Written by Customer Service on July 18, 2024. Posted in Public Companies.

WEST DES MOINES, Iowa, July 18, 2024 (GLOBE NEWSWIRE) — Athene Holding Ltd. (“Athene”), a leading retirement services company and subsidiary of Apollo Global Management, Inc. (NYSE:APO), announced it will host a Fixed Income Investor conference call on Thursday, August 8, 2024 at 10:00AM ET. The call will feature members of Athene’s senior management team, who will provide an update on current business trends, new business origination, the investment portfolio, and capital. An accompanying presentation, live webcast, and webcast replay will be available on the Investor Relations section of Athene’s website at ir.athene.com. Conference Call Details:Dial-in: Toll-free at 877-404-1236 (domestic) or + 1 215-268-9888 (international) About AtheneAthene is a leading retirement services company with $320 billion of total assets as of March...

Adams Diversified Equity Fund Declares Distribution and Announces First Half Performance

Written by Customer Service on July 18, 2024. Posted in Dividend Reports And Estimates.

BALTIMORE, July 18, 2024 (GLOBE NEWSWIRE) — The Board of Directors of Adams Diversified Equity Fund, Inc. (NYSE: ADX) today declared a distribution of $.44 per share, payable August 30, 2024 in newly issued shares unless shareholders elect to receive cash, to shareholders of record August 5, 2024. This distribution represents the initial payment under the Fund’s Managed Distribution Policy to pay at least 2% of average net asset value each quarter. You should not draw any conclusions about the Fund’s investment performance from the amount of the current distribution or from the terms of the Fund’s MDP. FIRST HALF PERFORMANCE For the six months ended June 30th, the total return on Adams Diversified Equity’s net asset value, with dividends and capital gains reinvested, was 15.8%. Comparable figures for the S&P 500 and the Morningstar...

Occidental Announces Expiration of Hart-Scott-Rodino Waiting Period for its Acquisition of CrownRock

Written by Customer Service on July 18, 2024. Posted in Mergers And Acquisitions.

HOUSTON, July 18, 2024 (GLOBE NEWSWIRE) — Occidental (NYSE: OXY) today announced that the waiting period for its acquisition of CrownRock, L.P. (CrownRock, and such transaction, the CrownRock acquisition) under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 has expired. With the expiration of the waiting period, the conditions to closing have been satisfied, other than those that are to be satisfied at closing. The CrownRock acquisition is expected to close in August, after completion of the financing marketing period contemplated by the CrownRock purchase agreement. “We look forward to closing our transaction with CrownRock in August and welcoming their high-performing team into our organization,” President and Chief Executive Officer Vicki Hollub said. “We are progressing with the divestiture program that we believe...

Chemung Financial Corporation Reports Second Quarter 2024 Net Income of $5.0 million, or $1.05 per share

Written by Customer Service on July 18, 2024. Posted in Earnings Releases And Operating Results.

ELMIRA, N.Y., July 18, 2024 (GLOBE NEWSWIRE) — Chemung Financial Corporation (the “Corporation”) (Nasdaq: CHMG), the parent company of Chemung Canal Trust Company (the “Bank”), today reported net income of $5.0 million, or $1.05 per share, for the second quarter of 2024, compared to $7.1 million, or $1.48 per share, for the first quarter of 2024, and $6.3 million, or $1.33 per share, for the second quarter of 2023. “Commercial credit pipelines remain robust, especially in our Capital District and Western New York markets,” said Anders M. Tomson, President and CEO of the Corporation. “Funding costs continue to remain challenging, impacting net interest income expansion commensurate with our loan growth,” Tomson added. “We continue to remain focused on expense management, especially with the rationalization of our branch footprint....

Abacus Life Provides Preliminary Second Quarter 2024 Results

Written by Customer Service on July 18, 2024. Posted in Earnings Releases And Operating Results.

– Expects Total Revenue Between $28.0 and $30.0 Million; Grows 146-163% Year-over-Year – – Expects Net Income Between $0.0 and $1.0 Million – – Expects Adjusted EBITDA Between $15.0 and $17.0 Million; Grows 64-86% Year-over-Year – – Schedules Second Quarter 2024 Earnings Release and Conference Call for Monday, August 12, 2024 – ORLANDO, Fla., July 18, 2024 (GLOBE NEWSWIRE) — Abacus Life, Inc. (“Abacus” or the “Company”) (NASDAQ: ABL), a pioneering alternative asset manager specializing in longevity and actuarial technology, today announced preliminary unaudited financial results for the second quarter ended June 30, 2024. Preliminary Financial Results – Second Quarter 2024 Based upon management’s current expectations, the Company anticipates Total Revenue, Net Income,...

Abacus Life Announces Agreement to Acquire Carlisle Management Company SCA

Written by Customer Service on July 18, 2024. Posted in Mergers And Acquisitions.

Acquisition accelerates Abacus’ expansion as a global alternative asset manager and origination company Deal will add up to $2 billion in AUM to Abacus ORLANDO, Fla., July 18, 2024 (GLOBE NEWSWIRE) — Abacus Life, Inc. (“Abacus” or the “Company”) (NASDAQ: ABL), a leading buyer of life insurance policies and vertically integrated alternative asset manager specializing in specialty insurance products, today announced a definitive agreement to acquire Carlisle Management Company SCA (“Carlisle”), a leading Luxembourg-based investment manager in the life settlement space, for approximately $200 million. The acquisition of Carlisle, with approximately $2.0 billion in assets under management, is firmly aligned with Abacus’ continued expansion as a global asset manager. The addition of Carlisle further enhances Abacus’ offering to...

Nokia Corporation: Repurchase of own shares on 18.07.2024

Written by Customer Service on July 18, 2024. Posted in Public Companies.

Nokia CorporationStock Exchange Release18 July 2024 at 22:30 EEST Nokia Corporation: Repurchase of own shares on 18.07.2024 Espoo, Finland – On 18 July 2024 Nokia Corporation (LEI: 549300A0JPRWG1KI7U06) has acquired its own shares (ISIN FI0009000681) as follows:Trading venue (MIC Code) Number of shares Weighted average price / share, EUR*XHEL 2,417,545 3.34CEUX 1,131,706 3.35BATE – –AQEU 128,459 3.39TQEX 209,734 3.37Total 3,887,444 3.35* Rounded to two decimals On 25 January 2024, Nokia announced that its Board of Directors is initiating a share buyback program to return up to EUR 600 million of cash to shareholders in tranches over a period of two years. The first phase of the share buyback program in compliance with the Market Abuse Regulation (EU) 596/2014 (MAR), the Commission Delegated Regulation...

GenFlat Holdings Welcomes Six New Advisory Committee Members

Written by Customer Service on July 18, 2024. Posted in Public Companies.

LONG BEACH, Calif., July 18, 2024 (GLOBE NEWSWIRE) — GenFlat Holdings, Inc. (OTC Pink: GFLT), the pioneer in collapsible shipping container technology, is pleased to welcome several new members to the Advisory Committee. “Our advisory committee now comprises of professionals with decades of experience in ocean shipping, container leasing, rail, trucking, freight forward, retail and third-party logistics,” said Drew Hall, Chief Executive Officer. “They will add valuable guidance and connections to our management team, as we penetrate the shipping industry with our innovative and patented collapsible shipping containers.” About Victor GarciaVictor M. Garcia is the Founder and CEO of Novodia Partners Inc, an investment and advisory firm focused on industrial and transportation sectors. Prior to forming Novodia Partners Inc, Mr....

Alaris Equity Partners Announces Timing of 2024 Q2 Financial Results, Conference Call and Webcast

Written by Customer Service on July 18, 2024. Posted in Public Companies.

NOT FOR DISTRIBUTION IN THE UNITED STATES. FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF UNITED STATES SECURITIES LAW. CALGARY, Alberta, July 18, 2024 (GLOBE NEWSWIRE) — Alaris Equity Partners Income Trust (“Alaris” or the “Trust“) (TSX: AD.UN) is pleased to announce that it will release its financial results for the three and six months ended June 28, 2024 following the closing of regular trading on the Toronto Stock Exchange Thursday, August 1, 2024. Alaris management will host a conference call at 9 am MT (11am ET) the following day, Friday, August 2, 2024 to discuss the financial results and outlook for the Trust. Participants must register for the call using this link: Pre-registration to Q2 to receive the dial-in numbers and unique PIN to access the call seamlessly. It is...

Star Group, L.P. Declares Quarterly Distribution to 17.25 Cents Per Unit

Written by Customer Service on July 18, 2024. Posted in Dividend Reports And Estimates.

STAMFORD, Conn., July 18, 2024 (GLOBE NEWSWIRE) — Star Group, L.P. (the “Company” or “Star”) (NYSE:SGU), a home energy distributor and services provider, today declared its quarterly distribution of $0.1725 per common unit for the three months ended June 30, 2024.Record date: July 29, 2024 Payment date: August 7, 2024About 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 homes and buildings. The Company also sells and services heating and air conditioning equipment to its home heating oil and propane customers and, to a lesser extent, provides these offerings to customers outside of its home heating oil and propane customer base. Star also sells diesel, gasoline and home heating...

Day: July 18, 2024

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