Day: July 22, 2024
22 July 2024 | SAINT HELIER, Jersey | CoinShares International Limited (“CoinShares” or “the Company”) (Nasdaq Stockholm: CS; US OTCQX: CNSRF).
Further to the announcement dated 12 July 2024 regarding the decision to distribute a special dividend following the sale of the Group’s FTX claim, the Company now provides some additional details on the forthcoming payment (“Special Dividend”).
As previously stated, the proceeds received following the sale of the FTX claim stand at USD 36,410,210, of which USD 31,410,210 (approximately GBP 24,276,951) will be distributed in the Special Dividend.
The Special Dividend will be paid in conjunction with Tranche 3 of the Group’s forthcoming regular dividend payment, introduced earlier this year (“Regular Dividend”).
The details for the remaining two Regular Dividend payments for 2024 in respect...
Pathfinder Bank Acquisition of Berkshire Bank Branch Complete
Written by Customer Service on . Posted in Mergers And Acquisitions.
OSWEGO, N.Y., July 22, 2024 (GLOBE NEWSWIRE) — Pathfinder Bancorp, Inc. (NASDAQ: PBHC), the holding company for Pathfinder Bank (“Pathfinder”), announced today that Pathfinder has completed the previously announced purchase and assumption of the East Syracuse, New York branch of Berkshire Bank, the banking subsidiary of Berkshire Hills Bancorp, Inc. In connection with the purchase, Pathfinder assumed approximately $186 million in deposit liabilities and acquired approximately $30 million in loans.
“We are very pleased to have completed this acquisition and the conversion of our new East Syracuse branch, and would like to extend a warm welcome to the East Syracuse customers and employees,” said James A. Dowd, President and Chief Executive Officer of Pathfinder Bancorp, Inc and Pathfinder Bank. “With only a few months from purchase...
Farmers and Merchants Bancshares, Inc. Reports Earnings of $2,298,496 or $0.74 per Share for the Six Months Ended June 30, 2024
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
HAMPSTEAD, Md., July 22, 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 six months ended June 30, 2024 was $2,298,496 , or $0.74 per common share (basic and diluted), compared to $3,570,968, or $1.16 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 six months ended June 30, 2024 was 8.81% compared to 14.34% for the same period in 2023. The Company’s return on average assets during the six months ended June 30, 2024 was 0.58% compared...
Kartoon Studios Partners With LiveOne, Inc. to Produce, Publish, and Distribute Original Music for Winnie-The-Pooh Megabrand, Set to Premiere on Kartoon Channel on Amazon Prime Video in 2025
Written by Customer Service on . Posted in Public Companies.
Partnership Anticipated to Drive Significant Revenue
A.A. Milne’s Classic Books Gave Rise To $80 Billion in Retail Sales with Millions in Music Royalties
BEVERLY HILLS, Calif., July 22, 2024 (GLOBE NEWSWIRE) — Following Kartoon Studios’ (NYSE American:TOON) recent landmark announcement regarding the 2025 holiday premiere of “Kartoon Studio’s Winnie-The-Pooh” animated feature, followed by holiday specials and a series, the Company today announced a broad partnership with LiveOne, Inc. (NASDAQ: LVO), an award-winning, creator-first music, entertainment, and technology platform.
LiveOne will produce, publish, and distribute all music for Kartoon Studios “Winnie-the-Pooh” films and series, including original songs, albums and soundtracks. LiveOne’s subscription platform delivers premium content and livestreams from the world’s...
Schouw & Co. share buy-back programme, week 29 2024
Written by Customer Service on . Posted in Public Companies.
Schouw & Co. share buy-back programme, week 29 2024
On 4 March 2024, Schouw & Co. initiated a share buy-back programme as outlined in Company Announcement no. 13 of 1 March 2024. Under the programme, Schouw & Co. will acquire shares for up to DKK 200 million during the period 4 March 2024 to 31 December 2024.
The buy-back will be structured in accordance with Regulation (EU) No. 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (MAR) and the Commission’s delegated regulation (EU) 2016/1052 of 8 March 2016 (“Safe Harbour” rules).Trading day
No. of shares
Average price
Amount
Accumulated until 12/7/2024
156,700
545.05
85,409,375
Monday, 15 July 2024
1,087
559.05
607,687
Tuesday, 16 July 2024
1,300
559.19
726,947
Wednesday, 17...
Wearable Technology Market to Gain USD 286.28 Billion by 2031 | SkyQuest
Written by Customer Service on . Posted in Mergers And Acquisitions.
Westford, USA, July 22, 2024 (GLOBE NEWSWIRE) — SkyQuest projects that Global Wearable Technology Market will attain a value of USD 286.28 Billion by 2031, with a CAGR of 15.2% over the forecast period (2024-2031). They are expected to boost the demand for wellness products and fitness products for recreational fitness enthusiasts and professional athletes due to the increasing adoption of these devices during the forecast period. Examples of wearable technology are numerous, these include smartwatches, fitness trackers, smart clothes and even medical devices. These devices come with lots of features like notifications, GPS tracking system, pulse measurements and others.
Download a detailed overview:
https://www.skyquestt.com/sample-request/wearable-technology-market
Browse in-depth TOC on the ” Wearable Technology Market...
N2OFF INC. Enters the Growing Solar PV Market and signs an Agreement with a Company of Seasoned Experts in the Field
Written by Customer Service on . Posted in Public Companies.
The global solar photovoltaic (PV) market was estimated at USD 150 billion in 2022 and is predicted to hit over USD 383.78 billion by 2032
Neve Yarak, Israel, July 22, 2024 (GLOBE NEWSWIRE) — N2OFF, Inc. (NASDAQ: NITO) (FSE:80W) (“N2OFF”, or the “Company”), a clean- tech company offering sustainable solutions for various industries, announced today the expansion to the solar PV (photovoltaic) market, potentially proving investors lucrative assets alongside its innovation for the agri- tech market.
N2OFF partnered with Solterra Renewable Energy Ltd. (“Solterra”), a company founded in 2022 by Eran Litvak and Yair Harel, in the field of solar PV systems. Each of the founders is an expert in the field of solar PV, with a track record of dozens of successful projects. In addition, both are experienced entrepreneurs and managers with...
Magic Software to Announce 2024 Second Quarter Financial Results on August 14th, 2024
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
Or Yehuda, Israel, July 22, 2024 (GLOBE NEWSWIRE) — Magic Software Enterprises Ltd. (NASDAQ and TASE: MGIC), a global provider of IT consulting services and end-to-end integration and low-code application development platforms, announced today that it will report its financial results for the second quarter of 2024 on Wednesday, August 14th ,2024.
Management will host a conference call on Wednesday, August 14th, 2024 at 10:30 a.m. Eastern Daylight Time (17:30 p.m. Israel Daylight Time) to review and discuss Magic’s results.
Please call the following numbers (at least 5 minutes before the scheduled time) in order to participate:From North America: +1-866-652-8972
From UK: 0-800-917-5108
From Israel: 03-918-0650
All others: +972-3-918-0650If you are unable to join live, a replay of the call will be available on the company’s...
Fenix Outdoor: Q2 report Fenix Outdoor International AG
Written by Customer Service on . Posted in Public Companies.
FENIX OUTDOOR INTERNATIONAL AGInterim condensed consolidated financial statements for the period ended 30 June 2024
Second quarter 2024-04-01 – 2024-06-30The total income of the Group was TEUR 152,964 (TEUR: 158,156), a decrease of 3.3%.
The EBITDA of the Group was TEUR 7,229 (TEUR: 13,484).
The operating result of the Group was TEUR -6,518 (TEUR: 81).
Due to lower inventories, the net liquidity of the group increased from -41.7 MEUR to +25.2 MEUR.
The result before tax of the Group was TEUR -7,350 (TEUR: 2,554).
The result after tax of the Group was TEUR -7,460 (TEUR: 479).
Earnings per share amounted to EUR -0.56 (EUR: 0.05).Period 2024-01-01 – 2024-06-30The total income of the Group was TEUR 321,641 (TEUR: 340,016), a decrease of 5.4%The EBITDA of the Group was TEUR 34,441 (TEUR: 44,720).
The operating result of the Group was...
Exagen to Announce Second Quarter 2024 Results on August 5, 2024
Written by Customer Service on . Posted in Public Companies.
CARLSBAD, Calif., July 22, 2024 (GLOBE NEWSWIRE) — Exagen Inc. (Nasdaq: XGN), a leading provider of autoimmune testing, will release financial results for the quarter ended June 30, 2024, before the market opens on Monday, August 5, 2024. John Aballi, Exagen’s President and Chief Executive Officer, and Kamal Adawi, Chief Financial Officer, will host a conference call to review the Company’s results at 8:30 AM ET (5:30 AM PT).
Interested parties may access the conference call by dialing (201) 389-0918 (U.S.) or (877) 407-0890 (international). Participants wishing to access the call via webcast should use the link posted on the Exagen investor relations website at investors.exagen.com.
A replay of the conference call will be available until Monday, August 19, 2024, at 11:59 PM ET (8:59 PM PT). Interested parties may access the replay...