Day: July 23, 2024

QNB Corp. Reports Earnings for Second Quarter 2024

QUAKERTOWN, Pa., July 23, 2024 (GLOBE NEWSWIRE) — QNB Corp. (the “Company” or “QNB”) (OTC Bulletin Board: QNBC), the parent company of QNB Bank (the “Bank”), reported net income for the second quarter of 2024 of $2,465,000, or $0.67 per share on a diluted basis. This compares to net income of $1,887,000, or $0.52 per share on a diluted basis, for the same period in 2023. For the six months ended June 30, 2024, QNB reported net income of $5,059,000, or $1.38 per share on a diluted basis. This compares to net income of $6,005,000, or $1.67 per share on a diluted basis, reported for the same period in 2023. For the quarter ended June 30, 2024, the annualized rate of return on average assets and average shareholders’ equity was 0.55% and 6.14%, respectively, compared with 0.44% and 4.90%, respectively, for the second quarter 2023. The...

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Sodexo is pleased to announce the simplification of its ownership structure and payment of an interim dividend of €6.24 per share

Issy-les-Moulineaux, July 23, 2024   Sale of Sodexo’s 100% owned subsidiary Sofinsod to Bellon SA for 918 million euros, simplifying the ownership structure of Sodexo, and monetizing an illiquid asset Distribution at the end of August 2024 of the sales proceeds to Sodexo shareholders, through an interim dividend of €6.24 per share Governance of the transaction in line with AMF recommendations and led by an ad hoc committee composed exclusively of independent directors Sofinsod, a holding company 100% owned by Sodexo, holds a 19.6% stake in Bellon SA, the Bellon family holding company (holding animatrice in French) and major shareholder of Sodexo and Pluxee.  This cross-shareholding loop came about in 1991 as a result of the unwinding of the cross-holdings between Sodexo and Carlson Wagon Lit following the attempted merger...

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Christian Dior: Good results for Christian Dior in the first half of the year despite the prevailing environment

Good results for Christian Dior in the first half of the year despite the prevailing environment Paris, July 23, 2024 The Christian Dior Group recorded revenue of €41.7 billion in the first half of 2024. Growth continued over the period (2% organic growth) despite a geopolitical and economic environment that remained uncertain. Europe and the United States achieved growth on a constant consolidation scope and currency basis; Japan recorded double-digit revenue growth; the rest of Asia reflected the strong growth in spending by Chinese customers in Europe and Japan. In the second quarter, organic revenue growth was 1%. Profit from recurring operations for the first half of 2024 came to €10.6 billion, equating to an operating margin of 25.6%, significantly exceeding pre-Covid levels. Exchange rate fluctuations had a substantial negative...

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Sciens Building Solutions Acquires San Diego-area’s Standard Electronics

Standard Electronics has joined the Sciens platform, adding to their capabilities across Southern California SAN FRANCISCO, July 23, 2024 (GLOBE NEWSWIRE) — Sciens Building Solutions (“Sciens”) announced it has added El Cajon, California-based Standard Electronics (“Standard”) to its continuously growing family of fire-life safety & security companies. With already-established locations across the state of California, Standard Electronics increases Sciens’ presence in SoCal and their partnership allows Standard to offer its customers even more resources and expertise, while leveraging Sciens North American growth. “We chose Sciens because they are thoughtful and disciplined in their growth strategy. They are buying companies to invest and grow them together, not just to have a group of companies that are loosely related,”...

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IPSEN – Buy-back programme – Art 5 of MAR – Week 29 – 2024

Aggregated presentation by day and by market   Purchases of own shares from July 15th to 19th, 2024               Name of the Issuer Identity code of the Issuer Day of the transaction Identity code of the financial instrument Total daily volume (in number of shares) Daily weighted average purchase price of the shares Market (MIC Code) IPSEN 549300M6SGDPB4Z94P11 15/07/2024 FR0010259150 4 700 111,6159 XPAR IPSEN 549300M6SGDPB4Z94P11 15/07/2024 FR0010259150 1 140 111,5494 CEUX IPSEN 549300M6SGDPB4Z94P11 15/07/2024 FR0010259150 160 111,4563 TQEX IPSEN 549300M6SGDPB4Z94P11 16/07/2024 FR0010259150 6 781 110,2944 XPAR IPSEN 549300M6SGDPB4Z94P11 16/07/2024 FR0010259150 3 419 110,3006 CEUX IPSEN 549300M6SGDPB4Z94P11 16/07/2024 FR0010259150...

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ASM announces second quarter 2024 results

Almere, The Netherlands July 23, 2024, 6 p.m. CET Strong Q2 bookings supported by GAA and HBM demand ASM International N.V. (Euronext Amsterdam: ASM) today reports its Q2 2024 results (unaudited). Financial highlights € million Q2 2023 Q1 2024 Q2 2024 New orders 485.8 697.9 755.4 yoy change % at constant currencies (48%) 10% 56%         Revenue 669.1 639.0 706.1 yoy change % at constant currencies 21% (8%) 6%         Gross profit margin % 48.3% 52.9 % 49.8% Adjusted gross profit margin 1 49.0% 52.9% 49.8%         Operating result 170.7 187.1 177.6 Operating result margin % 25.5% 29.3% 25.1%     ...

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Vastned Belgium: Half-year report for the first semester of 2024

The first semester of 2024 became a period of significant strategic changes • On 16 May 2024 Vastned Retail and Vastned Belgium announced their intention to proceed with a reverse cross-border legal merger in which Vastned Retail will merge with and into Vastned Belgium (reverse cross-border legal merger).• Vastned Belgium will grant and pay an interim dividend of € 2.30 per share in November 2024.• Vastned Belgium will grant an additional dividend of € 1.00 per share to pre-merger shareholders. The additional dividend itself will be paid in January 2025.• EPRA earnings of € 1.32 per share for the first semester of 2024.• Increase in the fair value of the real estate portfolio (0.3%) compared to the previous financial year.• High occupancy rate of 98.9% highlights the quality of the real estate portfolio.• € 42.6 million of unused credit...

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Join LOBO EV’s Exclusive Live Investor Webinar and Q&A Session on July 24

WUXI, China, July 23, 2024 (GLOBE NEWSWIRE) — LOBO EV Technologies Ltd. (Nasdaq: LOBO) (“LOBO” or the “Company”), an innovative e-bicycle, e-moped, e-tricycle, and electric off-highway four-wheeled shuttle designer, developer, manufacturer and seller, is pleased to invite investors to a webinar on July 24, 2024, at 4:15 p.m. ET. The exclusive event, hosted by RedChip Companies, will feature LOBO Board Member Harry Schulman, who will share insight into the Company’s plans to accelerate growth and profitability in 2024 and beyond. LOBO presents an attractive value proposition underpinned by its strategic growth initiatives and solid performance across key segments. With an established track record and a focus on becoming an OEM and ODM leader in the intelligent urban e-bike, e-trike, and off-highway four-wheeled electric vehicles...

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Dassault Aviation: Half Year Financial Release 2024

KEY FIGURES OF DASSAULT AVIATION GROUP   H1 2024 H1 2023 Order intake (new aircraft in units) €5,134 million 18 Export Rafale 11 Falcon €1,682 million 12 Falcon Adjusted net sales (*) (new aircraft in units) €2,538 million 6 Rafale France 12 Falcon €2,295 million 2 Rafale Export 2 Rafale France 9 Falcon         as of June 30, 2024 as of December 31, 2023 Backlog (new aircraft in units) €41,157 million 223 Rafale Including 159 Export and 64 France 83 Falcon €38,508 million 211 Rafale Including 141 Export and 70 France 84 Falcon         H1 2024 H1 2023 Adjusted net operating income (*) Adjusted operating margin €170 million 6.7% of net sales €151 million 6.6% of net sales Research & Development €200 million €247 million Adjusted net income (*) Adjusted net margin €442 million 17.4% of net sales €405 million 17.6%...

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