Day: August 1, 2024

Farmers & Merchants Bancorp, Inc. Reports 2024 Second-Quarter and Year-to-Date Financial Results

Written by Customer Service on August 1, 2024. Posted in Earnings Releases And Operating Results.

ARCHBOLD, Ohio, Aug. 01, 2024 (GLOBE NEWSWIRE) — Farmers & Merchants Bancorp, Inc. (Nasdaq: FMAO) today reported financial results for the 2024 second quarter and year-to-date ended June 30, 2024. 2024 Second Quarter Financial and Operating Highlights (on a year-over-year basis unless noted):85 consecutive quarters of profitability Net income was $5.7 million, or $0.42 per basic and diluted share Proceeds from collateral sales of $6.4 million were received from an agricultural based relationship. The proceeds enabled paydowns and payoffs on nonaccrual loans during the second quarter that included $5.3 million in principal paydown, and $1.0+ million pre-tax benefit to interest and fee income Net interest income after provision for credit losses increased 6.8% from December 31, 2023, primarily due to a stabilizing net interest...

Guggenheim Investments Announces August 2024 Closed-End Fund Distributions

Written by Customer Service on August 1, 2024. Posted in Dividend Reports And Estimates.

NEW YORK, Aug. 01, 2024 (GLOBE NEWSWIRE) — Guggenheim Investments today announced that certain closed-end funds have declared their distributions. The table below summarizes the distribution schedule for each closed-end fund (collectively, the “Funds” and each, a “Fund”).The following dates apply to the distributions:Record Date August 15, 2024Ex-Dividend Date August 15, 2024Payable Date August 30, 2024 Distribution ScheduleNYSE Ticker Closed-End Fund Name Distribution Per Share Change from Previous Distribution FrequencyAVK Advent Convertible and Income Fund $0.1172† MonthlyGBAB Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust $0.12573† MonthlyGOF Guggenheim Strategic Opportunities Fund $0.1821† MonthlyGUG Guggenheim Active Allocation Fund $0.11875† Monthly†...

WalkMe Ltd. Announces Second Quarter 2024 Financial Results

Written by Customer Service on August 1, 2024. Posted in Earnings Releases And Operating Results.

2Q24 Subscription Revenue of $65.7 million an increase of 7% year-over-year. 2Q24 Non-GAAP Operating Income of $4.9 million or 7% of total revenues compared to a loss of ($2.3) million or (4%) of total revenues in 2Q23. Free Cash Flow of $11.1 million and 16% of total revenues compared to $5.2 million and 8% of total revenues in 2Q23.SAN FRANCISCO, Aug. 01, 2024 (GLOBE NEWSWIRE) — WalkMe Ltd. (NASDAQ:WKME), a leading provider of digital adoption solutions for effectively navigating technology change, today announced financial results for its second quarter ended June 30, 2024. Second Quarter 2024 Financial Highlights:Revenue: Subscription revenue was $65.7 million, an increase of 7% year-over-year. Total revenues were $69.5 million, an increase of 5% year-over-year. Gross Margin: GAAP Gross margin was 86%, compared to 82%...

Alaris Equity Partners Income Trust Releases 2024 Second Quarter Financial Results

Written by Customer Service on August 1, 2024. Posted in Earnings Releases And Operating Results.

NOT FOR DISTRIBUTION IN THE UNITED STATES. FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF UNITED STATES SECURITIES LAW. TSX-AD.UN CALGARY, Alberta, Aug. 01, 2024 (GLOBE NEWSWIRE) — Alaris Equity Partners Income Trust (together, as applicable, with its subsidiaries, “Alaris” or the “Trust“) is pleased to announce its results for the three and six months ended June 30, 2024. The results are prepared in accordance with IFRS Accounting Standards as issued by the International Accounting Standards Board. All amounts below are in Canadian dollars unless otherwise noted. In January 2024, Alaris determined that it met the definition of an investment entity, as defined by IFRS 10, Consolidated financial statements. This change...

Fresh Vine Wine, Inc. and Notes Live, Inc. Mutually Agree to Terminate Merger Agreement

Written by Customer Service on August 1, 2024. Posted in Mergers And Acquisitions.

CHARLOTTE, N.C., Aug. 01, 2024 (GLOBE NEWSWIRE) — Fresh Vine Wine Inc. (NYSE American: VINE) (“Fresh Vine”) today announced it has agreed with Notes Live, Inc. to terminate their previously announced merger agreement, originally announced on January 29, 2024, pursuant to which Notes Live would have combined with, and become a wholly-owned subsidiary of, Fresh Vine. The merger agreement provided for termination rights, subject to certain exceptions, in favor of either party if the merger contemplated by the merger agreement was not consummated by a July 31, 2024 end date. Conditions to the closing of the merger were not satisfied as of the end date and Notes Live indicated its desire to terminate the transaction. Following discussions between Fresh Vine and Notes Live, the parties mutually agreed to terminate the merger agreement....

Host Hotels & Resorts Provides Updated Second Quarter 2024 Investor Presentation

Written by Customer Service on August 1, 2024. Posted in Public Companies.

BETHESDA, Md., Aug. 01, 2024 (GLOBE NEWSWIRE) — Host Hotels & Resorts, Inc. (NASDAQ: HST) (the “Company”), the nation’s largest lodging real estate investment trust, today provided an updated investor presentation for second quarter 2024 results. The investor presentation can be found on the Investor Relations section on the Company’s website at https://www.hosthotels.com/#key-investors-materials. ABOUT HOST HOTELS & RESORTS Host Hotels & Resorts, Inc. is an S&P 500 company and is the largest lodging real estate investment trust and one of the largest owners of luxury and upper-upscale hotels. The Company currently owns 76 properties in the United States and five properties internationally totaling approximately 43,400 rooms. The Company also holds non-controlling interests in seven domestic and one international...

Toll Brothers’ Website to Broadcast Its Third Quarter 2024 Earnings Conference Call Live on August 21, 2024 at 8:30 a.m. (ET)

Written by Customer Service on August 1, 2024. Posted in Public Companies.

ArdenGreat Falls, VAFORT WASHINGTON, Pa., Aug. 01, 2024 (GLOBE NEWSWIRE) — Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, will broadcast live on its website, www.TollBrothers.com, a conference call to discuss results for its third quarter ended July 31, 2024. The call is scheduled for 8:30 a.m. (ET) on Wednesday, August 21, 2024 and will be hosted by Douglas C. Yearley, Jr., chairman and chief executive officer. The Company will announce its third quarter FY 2024 results after the market close on Tuesday, August 20, 2024. The call can be accessed through the Investor Relations portion of the Toll Brothers website, www.TollBrothers.com. To hear the call, enter the Toll Brothers website, then click on the Investor Relations page, and select “Events & Presentations.” The call can be heard...

FDA Grants Orphan Drug Designation to Cellectis’ CLLS52 (alemtuzumab) For ALL Treatment

Written by Customer Service on August 1, 2024. Posted in Public Companies.

NEW YORK, Aug. 01, 2024 (GLOBE NEWSWIRE) — Cellectis (the “Company”) (Euronext Growth: ALCLS – NASDAQ: CLLS), a clinical-stage biotechnology company using its pioneering gene-editing platform to develop life-saving cell and gene therapies, today announced that the U.S. Food and Drug Administration (FDA) has granted Orphan Drug Designation (ODD) to Cellectis’ CLLS52 (alemtuzumab), an Investigational Medicinal Product (IMP) used as part of the lymphodepletion regimen associated with UCART22, evaluated in the BALLI-01 clinical trial in relapsed/refractory B-cell acute lymphoblastic leukemia (ALL). “We are excited that the FDA granted CLLS52 (alemtuzumab) ODD designation status. The importance of adding alemtuzumab to the lymphodepletion regimen has been demonstrated in Cellectis’ BALLI-01 study, where the addition of this lymphodepletion...

The Pennant Group Announces New $250 Million Credit Facility

Written by Customer Service on August 1, 2024. Posted in Public Companies.

EAGLE, Idaho, Aug. 01, 2024 (GLOBE NEWSWIRE) — The Pennant Group, Inc. (NASDAQ: PNTG), the parent company of the Pennant group of affiliated home health, hospice and senior living companies, today announced that the Company has increased its credit facility by $100 million to an aggregate of $250 million. The borrowings are supported by a lending consortium arranged by Truist Securities. The new facility expires on July 31, 2029. “This amended facility further strengthens our balance sheet, and together with our strong operating cash flow, creates significant dry powder for future growth,” said Brent Guerisoli, Pennant’s Chief Executive Officer. “As always, we will be disciplined and prudent in our use of these funds, and we will benefit from the added flexibility this facility provides, both in terms of its size, and also its...

Trisura Group Reports Second Quarter 2024 Results

Written by Customer Service on August 1, 2024. Posted in Earnings Releases And Operating Results.

TORONTO, Aug. 01, 2024 (GLOBE NEWSWIRE) — Trisura Group Ltd. (“Trisura” or “Trisura Group”) (TSX: TSU), a leading specialty insurance provider, today announced financial results for the second quarter of 2024. David Clare, President and CEO of Trisura, stated, “Q2 demonstrated strong performance with Operating net income of $31.3 million, or $0.65 per share, driven by growth, increased earnings from our US Programs platform and higher Net investment income. Insurance revenue growth of 16.2% was significant, with continued momentum across our business. Our US and Canadian platforms demonstrated disciplined underwriting, supporting growing net income and a 19.6% operating ROE. Net investment income grew 42.0% over Q2 2023, reaching $16.9 million as we benefited from higher yields and a larger investment portfolio. Growth, strong...

Day: August 1, 2024

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