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Day: July 24, 2024

First Guaranty Bancshares, Inc. Announces Key Developments and Second Quarter 2024 Financial Results

HAMMOND, La., July 24, 2024 (GLOBE NEWSWIRE) — First Guaranty Bancshares, Inc. (“First Guaranty”) (NASDAQ: FGBI), the holding company for First Guaranty Bank, announced its key developments and unaudited financial results for the second quarter and six months ending June 30, 2024. Key developments are as follows:First Guaranty is initiating changes to its business strategy. The changes include slowing the trajectory of the bank’s asset growth, further increasing the capital position, and working with leaner staff while utilizing automation and technological advances. First Guaranty has reduced staff by 71 positions. This reduction represents approximately 15% of the bank’s workforce. Each of the affected employees will receive 60 days of pay, payment for their unused vacation time, their elected healthcare coverage...

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Xtreme Fighting Championships Brings MMA Malice to Milwaukee With XFC 51: Evolution

Heavyweights Alex Nicholson and Zac Pauga face off and Milwaukee’s own Emmanuel Sanchez takes on Kenneth Cross on Friday, September 27, at the Baird Center Tickets on sale July 26 at XFCFight.com DETROIT, July 24, 2024 (GLOBE NEWSWIRE) — Xtreme Fighting Championships (XFC) presented by Xtreme One Entertainment, Inc. (OTCPink: XONI) announces its next live mixed martial arts event, XFC 51: Evolution, to be hosted in the heart of Milwaukee at the Baird Center on Thursday, September 27. Doors will open at 6 p.m. CT with the event starting at 7 p.m. CT. XFC 51: Evolution’s main event features a clash of two top heavyweights with Alex “The Spartan” Nicholson, former UFC and PFL star with a 19-11 record, squaring off against former UFC combatant Zac “The Ripper” Pauga (7-3 record), both coming off dominant victories at XFC Grand Prix...

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The bond placement agreement with AB Šiaulių Bankas has been signed

AUGA group, AB (hereinafter – the “Company”) has signed a placement agreement with its financial advisor, AB Šiaulių bankas, in order to issue new bonds of the Company. The new bonds would be used, among other things, to refinance the Company’s bond issue (ISIN LT0000404238), which was issued in accordance with the base prospectus dated 25 November 2019 and the final terms, and maturity date of which is 17 December 2024.  Depending on the situation in the capital markets and provided that the bond offering documents are approved and the necessary decisions are made by the Company’s management bodies regarding the issuance of new bonds and their terms, the Company plans to issue the new bonds by the maturity date of the above-mentioned issuance (ISIN LT0000404238) and to list the new bonds on the bond list of AB...

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Rapala VMC Corporation’s Half Year Report H1/2024: Profitability Improved in a Recovering Market

RAPALA VMC CORPORATION, Half year financial report, July 24, 2024 at 5:00 p.m. EET    January-June (H1) in brief:Net sales were 120.5 MEUR, up 2% from previous year (117.9). With comparable exchange rates sales were 3% up from previous year. Operating profit was 11.2 MEUR (4.4). Comparable operating profit* was 6.2 MEUR (5.3). Earnings per share (non-diluted) was 0.07 EUR (-0.03). Cash flow from operations was 18.2 MEUR (18.6). Inventories were 84.7 MEUR (98.5). Short-term outlook: The Group expects 2024 full year comparable operating profit* to increase from 2023.* Excluding mark-to-market valuations of operative currency derivatives and other items affecting comparability. Other items affecting comparability include material restructuring costs, impairments, gains and losses on business combinations and disposals, insurance compensations...

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FEMSA Announces Second Quarter 2024 Results

MONTERREY, Mexico, July 24, 2024 (GLOBE NEWSWIRE) — Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) announced today its operational and financial results for the second quarter of 2024.FEMSA: Total Consolidated Revenues grew 12.2% compared to 2Q23. FEMSA Retail1: Proximity Americas total Revenues increased 8.9% versus 2Q23. DIGITAL: Spin by OXXO had 7.9 million active users2 representing a 37.0% growth compared to 2Q23 while Spin Premia had 22.8 million active loyalty users2 representing a 44.3% growth compared to 2Q23 and an average tender3 of 36.1%. COCA-COLA FEMSA: Total volume and revenues grew 7.5% and 13.1%, respectively against 2Q23.Financial Summary for the Second Quarter 2024Change vs. comparable period           Total Revenues Gross Profit Income from Operations Same-Store...

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Mimecast Announces Acquisition of Code42, Expands Human Risk Management Platform with Visibility into Insider Threats

Building on the success of the companies’ tech partnership announced earlier this year, Mimecast will add the Code42 solution suite into its platform to enhance insider threat detection and response LEXINGTON, Mass., July 24, 2024 (GLOBE NEWSWIRE) — Mimecast, a leading global Human Risk Management (HRM) platform, announced today the acquisition of Code42, a leader in insider threat management and data loss prevention. Expanding on the success of their existing technology partnership, this acquisition marks a critical step in Mimecast’s strategy to revolutionize how organizations manage and mitigate human-centered security risks. The financial terms of the deal were not disclosed. “Mimecast’s platform stands out in our crowded industry by focusing specifically on the critical moment of risk—a person opening their laptop,” said Mimecast...

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Pharmaceutical Packaging Market to Grow at 9.9% CAGR Growth by 2031| SkyQuest Technology

Westford,USA, July 24, 2024 (GLOBE NEWSWIRE) — SkyQuest projects that Pharmaceutical Packaging Market will attain a value of USD 301.23 billion by 2031, with a CAGR of 9.9% during the forecast period (2024-2031). These include designing, distributing and manufacturing packaging materials to help meet the unique needs of the pharmaceutical packaging industry. These products include over the counter or OTC vaccines and biologics. The pharmaceutical industry is constantly expanding due to technological advancements. Growing global population and increasing number of elderly population requiring more intervention in healthcare is driving the market. Moreover, this helps in increasing the demand for pharmaceutical products and boosts the growth of the market. Packaging plays an important role and ensures that these products are safe,...

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REMSleep Holdings, Inc. Announces Distributor Request for DELTAWAVE Nasal Pillows System Samples

CLEARWATER, Fla., July 24, 2024 (GLOBE NEWSWIRE) — REMSleep Holdings, Inc. (OTCQB: RMSL), a leader in innovative sleep apnea products, is thrilled to announce that a significant distributor in the CPAP industry has requested samples of its new nasal interface, the DELTAWAVE Nasal Pillows System. This request marks a pivotal step in REMSleep’s mission to revolutionize sleep apnea treatment with cutting-edge technology and superior comfort. REMSleep is currently in the process of preparing the DELTAWAVE Nasal Pillows System samples for shipment. This state-of-the-art product is designed to enhance user experience by providing a more comfortable and effective solution for CPAP users. Tom Wood, CEO of REMSleep, expressed his excitement about the potential impact of this development: “We are incredibly excited about the...

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Grom’s Top Draw Animation Secures Over $1 Million in New Assignments to Bring 2D Animation Content to Life

Since 1999, Grom Social Enterprises, Inc.’s Manila-Based Subsidiary Serves Key Clients from Global Animation Programming Community BOCA RATON, Fla., July 24, 2024 (GLOBE NEWSWIRE) — Top Draw Animation – the 2D animation production subsidiary of Grom Social Enterprises Inc. (NASDAQ: GROM) (“Grom” or the “Company”), a kids’ and family entertainment provider, today announced that it has secured additional, previously unreported assignments totaling over $1MM (USD). The new projects, which follow its May, 2024 commencement of assignments valued at over $2.9MM, was confirmed today by Cyrus Mistry, COO of Top Draw Animation. “Top Draw is powered by a team of 300+ animation pros who bring characters to life through impeccable attention to detail and expert production workflows,” explains Mistry. “Across the organization, our mission...

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CN and Hockey Helps the Homeless Announce Three-Year Partnership to Support Vulnerable Canadians

MONTREAL, July 24, 2024 (GLOBE NEWSWIRE) — CN (TSX: CNR) (NYSE: CNI) today announced a commitment of $1.5 million through a three-year partnership with Hockey Helps the Homeless (HHTH). Starting with the 2024-2025 hockey season, CN will become the new Premier National Partner for HHTH to help raise awareness and financial support for people experiencing homelessness through education, fundraising, and partnering with solutions-based local shelters and services. In addition to assuming the role of Premier National Sponsor, CN will also serve as the Presenting Sponsor of HHTH Montreal on March 28, 2025. This tournament marks Hockey Helps the Homeless’ 19th annual hockey tournament in Montreal which raises funds to fight homelessness in the city. “We’re excited to grow our longstanding partnership with CN. Our organization has deep...

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