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Day: July 25, 2024

Form 8.3 – Foresight Sustainable Forestry Company Plc

8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORERule 8.3 of the Takeover Code (the “Code”) 1.        KEY INFORMATION(a)   Full name of discloser: Rathbones Group Plc(b)   Owner or controller of interests and short positions disclosed, if different from 1(a):        The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.  (c)   Name of offeror/offeree in relation to whose relevant securities this form relates:        Use a separate form for each offeror/offeree Foresight Sustainable Forestry Company plc(d)   If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:  (e)   Date position held/dealing undertaken:        For...

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First Merchants Corporation Announces Second Quarter 2024 Earnings Per Share

MUNCIE, Ind., July 25, 2024 (GLOBE NEWSWIRE) — First Merchants Corporation (NASDAQ – FRME) Second Quarter 2024 Highlights:Net income available to common stockholders was $39.5 million and diluted earnings per common share totaled $.68 in the second quarter of 2024, compared to $60.4 million and $1.02 in the second quarter of 2023, and $47.5 million and $.80 in the first quarter of 2024. Strong capital position with Common Equity Tier 1 Capital Ratio of 11.02 percent. Net interest margin totaled 3.16 percent compared to 3.10 percent on a linked quarter basis. Total loans grew $191.2 million, or 6.1 percent annualized on a linked quarter basis, and $374.4 million, or 3.0 percent during the last twelve months. Total deposits declined $315.5 million, or 8.5 percent annualized on a linked quarter basis. Nonperforming assets...

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Foremost Lithium Approved to List on Upstream – A Next Generation Market

Trading to Commence on Upstream July 31, 2024 under Upstream Ticker Symbol FMST VANCOUVER, British Columbia, July 25, 2024 (GLOBE NEWSWIRE) — Foremost Lithium Resource & Technology Ltd. (NASDAQ: FMST) (CSE: FAT) (“Foremost Lithium”, “Foremost” or the “Company”), a North American hard-rock lithium exploration company, today announced the approval to list its shares on Upstream, a revolutionary securities trading app designed to eliminate barriers for international investment into North America while not competing with other exchanges domestically, such as Nasdaq and the Canadian Securities Exchange (“the CSE”). Trading begins on Upstream July 31, 2024, at 10:00 am ET under the ticker symbol FMST. Upstream was designed to provide companies like Foremost the channel to access an international, digital-first investor base that...

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Digital Media Solutions CIO Matt Goodman Named 2024 Tampa Titan 100 Honoree

CLEARWATER, Fla., July 25, 2024 (GLOBE NEWSWIRE) — Digital Media Solutions, Inc., (DMS), a leading provider of technology-enabled digital performance advertising solutions connecting consumers and advertisers, is proud to share that Matt Goodman, Co-Founder & Chief Information Officer, has been named a 2024 Tampa Titan 100 honoree. This prestigious accolade recognizes Goodman as one of Tampa’s top C-level executives, celebrating his exceptional leadership, vision, passion and influence in the digital advertising industry. The Titan 100 award, presented by Enavate, highlights the top 100 executives in Tampa who have demonstrated outstanding achievements in their respective fields. Honorees are celebrated for driving forward their organizations, making a positive impact on the business landscape and for their commitment to excellence. “Since...

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Fortress Biotech Reduces Total Debt and Enters into New $35 Million Term Loan with Oaktree with Maturity in 2027

Extends maturity of long-term debt as Fortress‘ late-stage pipeline continues to advance and may generate up to three regulatory approvals on NDAs and BLAs in the next 12 months and potentially a fourth BLA filing as early as 2025 MIAMI, July 25, 2024 (GLOBE NEWSWIRE) — Fortress Biotech, Inc. (Nasdaq: FBIO) (“Fortress”, or the “Company”), an innovative biopharmaceutical company focused on acquiring and advancing assets to enhance long-term value for shareholders through product revenue, equity holdings and dividend and royalty revenue, today announced that it has entered into a new loan agreement (the “Agreement”) for up to $50 million with funds managed by Oaktree Capital Management, L.P. (“Oaktree”). The Company will receive an initial tranche of $35 million and is eligible to draw an additional $15 million at Oaktree’s discretion...

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Supremex Announces Date of Its 2024 Second Quarter Results Conference Call

MONTREAL, July 25, 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, will release its results for the second quarter ended June 30, 2024, before markets open on Thursday, August 8, 2024. A conference call to discuss these results will be held on the same day, at 10:00 a.m. (Eastern Time). Conference Call: A live broadcast of the Conference Call will be available on the Company’s website, in the Investors section under Webcast. To participate (professional investment community only) or to listen to the live conference call, please dial the following numbers. We suggest that participants call-in at least 5 minutes prior to the scheduled start time:       • Confirmation number:  10023550  • Local...

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Golden Triangle Ventures Provides Key Updates on Cargo Management Group Acquisition

LAS VEGAS, July 25, 2024 (GLOBE NEWSWIRE) — via IBN — Golden Triangle Ventures Inc. (OTC PINK: GTVH) (“GTV” or the “Company”) announces significant advancements following its acquisition of Cargo Management Group. This strategic acquisition, completed in June, has been instrumental in developing the company’s four-pillar model and setting the stage for future growth within the organization.  A major milestone in this journey is the formation of LE Logistics LLC, a wholly owned subsidiary of GTV. This entity is poised to take full charge of the Company’s logistics operations once the motor carrier (MC) authority from Cargo Management Group (CMG) is fully transferred and can be integrated. Additionally, LE Logistics has been structured to support and facilitate the growth of other licensed logistics operating companies by providing...

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Managed Services Market to Grow at 7.9% CAGR by 2031 | SkyQuest Technology

Westford USA, July 25, 2024 (GLOBE NEWSWIRE) — SkyQuest projects that Managed Services Market will attain a value of USD 519.57 billion by 2031, with a CAGR of 7.9% during the forecast period (2024-2031). The market is expected to grow, aimed at strengthening the profit margins and therefore increasing operational capacity to enhance performance under volatile conditions. Managed business benefits through reduced IT operational costs and increased organizational efficiency driving market growth. This role helps companies create value by managing quality IT systems, processes operate automatically especially in the face of shrinking profitability. Also, organizations enabling the shift to digital and encouraging the use of cloud solutions meet the needs of various end users such as public sector agencies. Apart from some of the...

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IRADIMED CORPORATION to Hold 2024 Second Quarter Financial Results Conference Call on August 1st

Winter Springs, Fla., July 25, 2024 (GLOBE NEWSWIRE) — IRADIMED CORPORATION (NASDAQ: IRMD) announced today that the Company will release its 2024 second quarter financial results before the market opens on Thursday, August 1, 2024. Iradimed management will host a conference call the same day beginning at 12:00 p.m. Eastern Time to discuss those results and to answer questions. Individuals interested in participating in the conference call may do so by registering here, https://register.vevent.com/register/BIa6da8f185c0d4199a6c370fbe9fba158. Once registered, a dial-in number, unique pin, and instructions will be provided to participants. The conference call will also be available real-time via the internet at http://www.iradimed.com/en-us/investors/events/. A recording of the call will be available on the Company’s website following...

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Kearny Financial Corp. Announces Fourth Quarter and Fiscal Year End 2024 Results and Declaration of $0.11 Per Share Cash Dividend

FAIRFIELD, N.J., July 25, 2024 (GLOBE NEWSWIRE) — Kearny Financial Corp. (NASDAQ GS: KRNY) (the “Company”), the holding company of Kearny Bank (the “Bank”), reported a GAAP net loss for the quarter ended June 30, 2024 of $90.1 million, or $1.45 per diluted share, attributable to a non-cash, after-tax, goodwill impairment of $95.3 million. Excluding the impact of the goodwill impairment and other non-recurring transactions, adjusted net income for the quarter ended June 30, 2024 was $5.6 million, or $0.09 per diluted share, as compared to net income of $7.4 million, or $0.12 per diluted share, for the quarter ended March 31, 2024. “Goodwill impairment in no way affects our ongoing strategy or our ability to serve the banking needs of our clients,” said Craig L. Montanaro, President & Chief Executive Officer. “It also has no...

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