Month: August 2024

Baltic Horizon Fund consolidated unaudited results for H1 2024

Written by Customer Service on August 8, 2024. Posted in Earnings Releases And Operating Results.

Management Board of Northern Horizon Capital AS has approved the unaudited financial results of Baltic Horizon Fund (the Fund) for the six months of 2024. Our strategic ambitionsOver the past year, our focus has been on reshaping our strategy to foster sustainable value, concentrating efforts on avenues that promise reliable and consistent growth for our investors. In light of prevailing market conditions, we believe that the execution of the ‘Modern City Life’ strategy, is paramount to their best interests. While market conditions have been challenging over the last couple of years, we do expect a gradual recovery in 2025 and in the subsequent years. In the coming years, we expect two thirds of the Fund’s NOI to come from centrally located multi-functional assets aligned with our ‘Modern City Life’ strategy. These spaces are meticulously...

Whitsons Culinary Group Acquires Arbor Management LLC

Written by Customer Service on August 8, 2024. Posted in Mergers And Acquisitions.

Expanding Wholesome Foods and Personalized Services into New CommunitiesWhitsons Culinary Group Acquires Arbor ManagementExpanding Wholesome Foods and Personalized Services into New CommunitiesIslandia, NY, Aug. 08, 2024 (GLOBE NEWSWIRE) — Whitsons Culinary Group®, a recognized industry leader in contract food service management and prepare meals, has acquired Arbor Management, based in Itasca, Illinois. The acquisition enables Whitsons to expand our reach and mission of Enhancing Life One Meal at a Time™ further into the Midwestern United States. Whitsons and Arbor share in the belief that wellness and good food go hand in hand, especially in education, and were both founded on the principles of dedication and personalized service. Arbor is a leading food service management company that provides comprehensive...

CORRECTION – Recursion Provides Business Updates and Reports Second Quarter 2024 Financial Results

Written by Customer Service on August 8, 2024. Posted in Earnings Releases And Operating Results.

SALT LAKE CITY, Aug. 08, 2024 (GLOBE NEWSWIRE) — In a release issued under the same headline earlier today by Recursion (Nasdaq: RXRX), please note that in the first bullet under “Additional Corporate Updates”, the company’s conference call should have been mentioned as having already taken place earlier this morning, rather than coming up later this afternoon as previously stated. The corrected bullet should have read:L(earnings) Call: We will host a L(earnings) Call on Aug 8, 2024 at 8:30 am Eastern Time / 6:30 am Mountain Time. We will broadcast the live stream from Recursion’s X (formerly Twitter), LinkedIn, and YouTube accounts and there will be opportunities to ask questions of the company.The rest of the release remains unchanged. Media ContactMedia@Recursion.com Investor ContactInvestor@Recursion....

Sidetrade acquires 87.85% of SHS Viveon AG, delisting set for November 2024

Written by Customer Service on August 8, 2024. Posted in Mergers And Acquisitions.

Sidetrade, the global leader in AI-powered Order-to-Cash applications, today announces the successful completion of its acquisition of SHS Viveon AG, a German leader in credit risk management software. This marks Sidetrade’s first entry into the German market and a significant step forward in its ambition to become the leader in the Order-to-Cash sector globally. Under the terms of the Offer which ran from May 7 to July 29, 2024, Sidetrade AG, a wholly owned subsidiary of Sidetrade group, acquired 2,181,392 shares of SHS Viveon AG, representing 87.58% of SHS Viveon AG’s capital. Sidetrade then strengthened its position as the majority shareholder with 2,188,135 shares of SHS Viveon AG as of August 8, 2024, representing 87.85% of SHS Viveon AG’s capital. After November 15, 2024, SHS Viveon (ISIN: DE000A0XFWK2) will no longer be listed on...

Verizon to speak at Oppenheimer Conference August 12

Written by Customer Service on August 8, 2024. Posted in Public Companies.

NEW YORK, Aug. 08, 2024 (GLOBE NEWSWIRE) — Kyle Malady, Executive Vice President, Verizon (NYSE, Nasdaq: VZ) & CEO, Verizon Business, is scheduled to speak at the 27th Annual Oppenheimer Technology, Internet & Communications Conference on Monday, August 12, at 12:25 p.m. ET. His remarks will be webcast, with access instructions available on Verizon’s Investor Relations website, www.verizon.com/about/investors. Verizon Communications Inc. (NYSE, Nasdaq: VZ) powers and empowers how its millions of customers live, work and play, delivering on their demand for mobility, reliable network connectivity and security. Headquartered in New York City, serving countries worldwide and nearly all of the Fortune 500, Verizon generated revenues of $134.0 billion in 2023. Verizon’s world-class team never stops innovating to meet customers...

Phillips Edison & Company Upgraded by S&P to ‘BBB’ with Stable Outlook

Written by Customer Service on August 8, 2024. Posted in Public Companies.

CINCINNATI, Aug. 08, 2024 (GLOBE NEWSWIRE) — Phillips Edison & Company, Inc. (Nasdaq: PECO) (“PECO” or the “Company”), one of the nation’s largest owners and operators of grocery-anchored neighborhood shopping centers, today announced that S&P Global Ratings (“S&P”) upgraded its issuer credit rating for PECO and the Company’s operating partnership, Phillips Edison Grocery Center Operating Partnership I L.P., to ‘BBB’ from ‘BBB-’, with a stable outlook. In its public announcement, S&P noted: “We expect Phillips Edison’s operating performance will remain solid over the next two years supported by its grocery-anchored portfolio and healthy retail fundamentals. Phillips Edison has demonstrated a commitment to maintaining a conservative balance sheet. The Company has significantly reduced its exposure to floating-rate...

First National Corporation and Touchstone Bankshares, Inc. Announce Receipt of Regulatory Approvals for Merger

Written by Customer Service on August 8, 2024. Posted in Mergers And Acquisitions.

STRASBURG, Va. and PRINCE GEORGE, Va., Aug. 08, 2024 (GLOBE NEWSWIRE) — First National Corporation (“First National”) (NASDAQ: FXNC), the bank holding company of First Bank, and Touchstone Bankshares, Inc. (“Touchstone”) (OTCPK: TSBA), the bank holding company of Touchstone Bank, announced today the receipt of regulatory approvals from the Federal Reserve Bank of Richmond, acting under authority delegated by the Board of Governors of the Federal Reserve System, and the Bureau of Financial Institutions of the Commonwealth of Virginia, to complete the previously announced merger of Touchstone with and into First National in an all-stock transaction (the “Merger”). Immediately following the Merger, Touchstone Bank would then immediately merge with and into First Bank. “We are pleased to have received regulatory approval of...

Toll Brothers Announces New Boutique Luxury Home Community Coming Soon to Ashburn, Virginia

Written by Customer Service on August 8, 2024. Posted in Public Companies.

Avonmore will offer a rare opportunity to purchase a new luxury single-family home in a prestigious Ashburn location ASHBURN, Va., Aug. 08, 2024 (GLOBE NEWSWIRE) — Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, today announced its newest community, Avonmore, is coming soon to Ashburn, Virginia. This intimate enclave of luxury single-family homes will be in the heart of Ashburn, offering exceptional access to endless outdoor recreation and an array of upscale shopping districts and high-end restaurants. Site work is underway, and the community is anticipated to open for sale in fall 2024. With a boutique selection of 14 scenic home sites, Avonmore will feature modern and innovative home designs. Home buyers will be able to choose from floor plans that range up to 5,200 square feet with exceptional...

Toll Brothers Apartment Living Opens Remy, a New Luxury Apartment Community in Frisco, Texas

Written by Customer Service on August 8, 2024. Posted in Public Companies.

The 357-unit luxury multifamily community is the company’s second to open in partnership with Equity Residential FRISCO, Texas, Aug. 08, 2024 (GLOBE NEWSWIRE) — Toll Brothers Apartment Living, the rental subsidiary of Toll Brothers, Inc. (NYSE: TOL), the nation’s leading builder of luxury homes, in partnership with Equity Residential, is pleased to announce the opening of Remy. Located at 5775 Blairview Street in Frisco, Texas, this new community features 357 refined studio, one-, and two-bedroom apartment residences. Remy’s construction commenced in 2022 and was financed by a $55.6 million construction loan from Santander Bank, N.A. The apartment residences at Remy feature an elevated contemporary design with sophisticated features and finishes. The kitchens include islands with decorative pendant lighting, quartz countertops,...

FirstBank’s Second Quarter Results Showcase Stability and Commitment to Long-Term Growth

Written by Customer Service on August 8, 2024. Posted in Earnings Releases And Operating Results.

Bank ranked No. 1 in customer satisfaction for the fourth consecutive year, continues to invest in affordable housing and environmentally friendly initiatives LAKEWOOD, Colo., Aug. 08, 2024 (GLOBE NEWSWIRE) — FirstBank, one of the nation’s largest privately held banks with a focus on “banking for good,” announced its 2024 second-quarter summary of the company’s holdings and activities. At the end of June, the bank reported the following quarter-over-quarter results. Net income through the second quarter of 2024 increased to $96.5 million Total deposits decreased by 2% to $24.1 billion Net loan balance remained at $16.3 billion Total assets decreased by 0.7% to $27.3 billionFirstBank was named No. 1 in customer satisfaction in the Southwest Region by J.D. Power’s 2024 Retail Banking Satisfaction Study for the fourth consecutive...

Month: August 2024

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