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Day: July 24, 2024

Tower Semiconductor Reports 2024 Second Quarter Financial Results

MIGDAL HAEMEK, Israel, July 24, 2024 (GLOBE NEWSWIRE) — Tower Semiconductor (NASDAQ: TSEM & TASE: TSEM) reports today its results for the second quarter ended June 30, 2024. Second Quarter of 2024 Results Overview Revenue for the second quarter of 2024 was $351 million as compared to $327 million for the first quarter of 2024. Gross profit for the second quarter of 2024 was $87 million as compared to $73 million for the first quarter of 2024. Operating profit for the second quarter of 2024 was $55 million and included $6 million restructuring income, net associated with the previously disclosed reorganization and restructure of our Japan operations during 2022, as compared to $34 million in the first quarter of 2024. Net profit for the second quarter of 2024 was $53 million, or $0.48 basic and diluted earnings per share and...

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Postal Realty Trust, Inc. to Report Second Quarter 2024 Financial Results on August 6, 2024

CEDARHURST, N.Y., July 24, 2024 (GLOBE NEWSWIRE) — Postal Realty Trust, Inc. (NYSE: PSTL) (the “Company”), an internally managed real estate investment trust that owns and manages over 1,950 properties leased primarily to the United States Postal Service (the “USPS”), ranging from last-mile post offices to industrial facilities, announced today that it will report its financial results for the period ended June 30, 2024, on Tuesday, August 6, 2024, after market close. Webcast and Call Information: The Company will host a webcast and conference call to discuss the second quarter 2024 financial results on Tuesday, August 6, 2024, at 4:30 P.M. Eastern Time. A live audio webcast of the conference call will be available on the Company’s investor website at https://investor.postalrealtytrust.com/Investors/events-and-presentations/default.aspx....

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Red Pine Confirms Independent Sampling and Assaying Validating Corrected Assay Database for Updated Resource Estimation

TORONTO, July 24, 2024 (GLOBE NEWSWIRE) — Red Pine Exploration Inc. (TSXV: RPX, OTCQB: RDEXF) (“Red Pine” or the “Company”) reports the results of the expanded independent verification sampling and assaying of drill core performed by WSP Canada Inc. (“WSP”) as part of the ongoing resource estimation for the Wawa Gold Project, Ontario. Michael Michaud, President and CEO of Red Pine commented: “I am pleased to see that the independent verification sampling completed by WSP is in good agreement with the corrected database assay values ensuring that we have a project database that is accurate to support the upcoming resource estimate. The independent verification sampling of core was the final stage of assay verification, and we now have full confidence in the database and the resource estimation, which remains on schedule to be completed...

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Stock Yards Bancorp Reports Second Quarter Earnings of $27.6 Million or $0.94 Per Diluted Share

Results Highlighted by Record Loan Growth and Net Interest Margin Expansion LOUISVILLE, Ky., July 24, 2024 (GLOBE NEWSWIRE) — Stock Yards Bancorp, Inc. (NASDAQ: SYBT), parent company of Stock Yards Bank & Trust Company, with offices in Louisville, central, eastern and northern Kentucky, as well as the Indianapolis, Indiana and Cincinnati, Ohio metropolitan markets, today reported earnings of $27.6 million, or $0.94 per diluted share, for the second quarter ended June 30, 2024. This compares to net income of $27.7 million, or $0.94 per diluted share, for the second quarter of 2023. Record loan growth, stable asset quality and net interest margin expansion contributed to second quarter operating results.       (dollar amounts in thousands, except per share data) 2Q24   1Q24   2Q23Net income $ 27,598     $ 25,887     $ 27,664  Net...

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Emergent BioSolutions Launches Opioid Emergency Preparedness ‘Lay, Spray, Stay’ Public Education Campaign Starring Pro Football Hall of Famer Emmitt Smith

Over 100,000 individuals lost their lives from overdoses last year, the majority of which were opioid related. While opioid overdoses are the leading cause of accidental death in the United States, there is an opportunity to change this statistic. In a new public education announcement, pro football hall of famer, Emmitt Smith, speaks out about opioid emergencies and the importance of being prepared. Smith has teamed up with Emergent BioSolutions (sponsor and the makers of NARCAN® Nasal Spray) and SAFE Project (a national non-profit dedicated to addressing substance use, overdoses and the mental health challenges that lead to them) to break down the stigma around opioid overdoses and highlight three critical steps to help save a life: Lay, Spray, Stay. To learn more, visit ReadytoRescue.comNew video and radio segments...

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Notable Labs Receives FDA Clearance to Proceed Further with Volasertib Phase 2 Study

Phase 2 dosing plan, agreed with FDA, paves the way to initiate patient enrollment FOSTER CITY, Calif., July 24, 2024 (GLOBE NEWSWIRE) — Notable Labs, Ltd. (Nasdaq: NTBL) (“Notable”, “Notable Labs” or the “Company”), a clinical-stage precision oncology company developing new cancer therapies identified by its Predictive Medicine Platform (PMP), today announced progress for the Phase 2 volasertib program following receipt of “Clearance to Proceed” from the FDA and agreement on the dosing plan for its Phase 2 clinical trial. With trial start-up activities launched in the first quarter of this year, Notable intends to initiate enrollment in the Phase 2 study for PMP-enabled development of volasertib for relapsed refractory (R/R) acute myeloid leukemia (AML) in the coming months. “We are pleased to report positive progress in our clinical...

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Supremex Announces Optimization Measures for Its Envelope Activities

Initiatives to enhance efficiency and generate cost savings MONTREAL, July 24, 2024 (GLOBE NEWSWIRE) — Supremex Inc. (“Supremex” or the “Company”) (TSX: SXP), a leading North American manufacturer and marketer of envelopes and a growing provider of paper-based packaging solutions, announced optimization initiatives today aimed at improving costs, overall efficiency, productivity and achieving synergies within its Envelope segment operations. These initiatives are expected to result in annual cost savings in excess of $2.0 million once all measures are implemented, primarily from the reduction of rent and other fixed costs, and modest productivity improvements. First, the Company is ceasing production at its very small facility in Niagara Falls, New York, effective immediately and maintaining the premises as a distribution centre....

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AGF Investments Announces July 2024 Cash Distributions for AGF Enhanced U.S. Equity Income Fund, AGF Total Return Bond Fund and AGF Systematic Global Infrastructure ETF

TORONTO, July 24, 2024 (GLOBE NEWSWIRE) — AGF Investments Inc. (AGF Investments) today announced the July 2024 cash distributions for AGF Enhanced U.S. Equity Income Fund*, AGF Total Return Bond Fund* and AGF Systematic Global Infrastructure ETF, which pay monthly distributions. Unitholders of record on July 31, 2024 will receive cash distributions payable on August 7, 2024. Details regarding the final “per unit” distribution amounts are as follows:ETF Ticker Exchange Cash Distribution Per Unit ($)AGF Enhanced U.S. Equity Income Fund* AENU Cboe Canada Inc. $0.135327AGF Total Return Bond Fund* ATRB Cboe Canada Inc. $0.115000AGF Systematic Global Infrastructure ETF QIF Cboe Canada Inc. $0.127284*AGF Enhanced U.S. Equity Income Fund and AGF Total Return Bond Fund are mutual funds with an ETF series option. Further...

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Navient posts second quarter 2024 financial results

HERNDON, Va., July 24, 2024 (GLOBE NEWSWIRE) — Navient (Nasdaq: NAVI) today posted its 2024 second quarter financial results. Complete financial results are available on the company’s website at Navient.com/investors. The materials will also be available on Form 8-K on the SEC’s website at www.sec.gov. Navient will hold a live audio webcast today, July 24, 2024, at 8 a.m. ET, hosted by David Yowan, president and CEO, and Joe Fisher, CFO. Analysts and investors who wish to ask questions are requested to pre-register at Navient.com/investors at least 15 minutes ahead of start time to receive their personal dial-in access details. Others who wish to join in listen-only mode do not need to pre-register and may simply visit Navient.com/investors to access the webcast. Supplemental financial information and presentation slides used during...

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Alta Equipment Group Announces Date of Second Quarter 2024 Financial Results Release, Conference Call and Webcast

LIVONIA, Mich., July 24, 2024 (GLOBE NEWSWIRE) — Alta Equipment Group Inc. (NYSE: ALTG) (“Alta” or “the Company”), a leading provider of premium material handling, construction and environmental processing equipment and related services, today announced that it will report its financial results for the second quarter ended June 30, 2024, after the U.S. markets close on Wednesday, August 7, 2024. In conjunction with this announcement, Alta management will host a conference call and webcast that afternoon at 5:00 p.m. Eastern Time to discuss and answer questions about the Company’s financial results. Prior to the conference call and webcast, Alta will issue a press release and supplementary presentation slides reporting these results on the Investors portion of the Company’s website, https://investors.altaequipment.com. Conference...

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