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Month: August 2024

Management Discusses Financial Filings of Global Arena Holding Inc., for 10-K 2023 and 10-Q, 1st Quarter 2024

NEW YORK, NY, Aug. 01, 2024 (GLOBE NEWSWIRE) — Global Arena Holding, Inc. (the “Company”) (OTC Markets: GAHC), a growth oriented, acquisition minded company currently focused on the Election Administration segment of the US Private Markets, is pleased to announce that the Company has filed the 10-K for 2023 and its 10-Q for the quarter ended March 31, 2024.  Both the 10-K for 2023 and the 10-Q for the quarter ended March 31, 2024 reflect management’s continued effort to grow the Company at a steady and disciplined pace. Financial highlights for the 10-K 2023 include but are not limited to:  Revenue increased 19% to $826,700 in 2023 as compared to $697,060 as reported in the 10-K for 2022.  Salaries and Benefits decreased 67% to $264,909 in 2023 as compared to $809,048 as reported in the 10-K for 2022.  Losses from operations...

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Wintrust Financial Corporation Completes Its Merger With Macatawa Bank Corporation

ROSEMONT, Ill. and HOLLAND, Mich., Aug. 01, 2024 (GLOBE NEWSWIRE) — Wintrust Financial Corporation (“Wintrust”) (Nasdaq: WTFC) and Macatawa Bank Corporation (“Macatawa”) today jointly announced the completion of their previously announced merger whereby Wintrust acquired Macatawa in an all-stock transaction. Macatawa was the parent company of Macatawa Bank, which is headquartered in Holland, Michigan and operates a network of 26 full-service branches located throughout communities in Kent, Ottawa and northern Allegan counties, including Grand Rapids. Founded in 1997, Macatawa Bank has an exemplary history of serving its communities. As of June 30, 2024, it had approximately $2.7 billion in assets, $2.3 billion in deposits and $1.3 billion in loans. Macatawa Bank’s approach to customer service is similar to that at each of the fifteen...

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Uniti Group Inc. Reports Second Quarter 2024 Results

Second Quarter Consolidated Bookings Monthly Recurring Revenue of $1.1 Million Increased Approximately 50% From Prior Year Updates 2024 OutlookNet Income of $18.3 Million for the Second Quarter Net Income of $0.07 Per Diluted Common Share for the Second Quarter AFFO of $0.34 Per Diluted Common Share for the Second QuarterLITTLE ROCK, Ark., Aug. 01, 2024 (GLOBE NEWSWIRE) — Uniti Group Inc. (“Uniti” or the “Company”) (Nasdaq: UNIT) today announced its results for the second quarter 2024. “Uniti reported another quarter of solid results fueled by strong demand for its mission critical fiber infrastructure. Approximately 40% of our consolidated bookings during the quarter, the highest level since 2022, was driven by Hyperscalers and Generative AI demand, and we expect that growth to continue. Our core recurring strategic fiber...

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First Mid Bancshares, Inc. Announces Second Quarter 2024 Results

MATTOON, Ill., Aug. 01, 2024 (GLOBE NEWSWIRE) — First Mid Bancshares, Inc. (NASDAQ: FMBH) (the “Company”) today announced its financial results for the quarter ended June 30, 2024. HighlightsNet income of $19.7 million, or $0.82 diluted EPS Adjusted net income (non-GAAP) of $20.1 million, or $0.84 diluted EPS Margin expansion and loan growth drove an increase in net interest income of $1.3 million for the quarter Announced the acquisition of Mid Rivers Insurance Group (“MRIG”) on July 9th deepening our Missouri presence and increasing noninterest income Board of Directors increases quarterly dividend by $0.01 per share to $0.24 per share“We delivered another strong quarter of financial results and continued our strategy to expand noninterest income with the acquisition of MRIG,” said Joe Dively, Chairman and Chief Executive...

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CEMATRIX Announces the Retirement of Esteemed Board Member, Mr. Bob Benson

CALGARY, Alberta, Aug. 01, 2024 (GLOBE NEWSWIRE) — CEMATRIX Corporation (TSX: CEMX) (OTCQB: CTXXF) (“CEMATRIX” or the “Company“) a North American leading manufacturer and supplier of technologically advanced cellular concrete products, today announces the retirement of long-standing and esteemed board member, Mr. Bob Benson, effective July 31, 2024. Mr. Benson has served on the board for over two decades, playing a pivotal role in guiding the company through significant, transformative milestones and providing valuable insight as a member of the Corporate Governance Committee and the Compensation Committee. “On behalf of the Board of Directors, I would like to thank Bob for his significant contributions to CEMATRIX,” said Minaz Lalani, Chair of the Board of Directors. “During his tenure on the Board, Bob...

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Cellebrite Appoints Renowned Cybersecurity Expert Sigalit Shavit as Chief Information Officer

Appointment of first-ever CIO underscores the Company’s commitment to technological innovation to accelerate justice through the Company’s Case-to-Closure platformSigalit ShavitShavit joins Cellebrite as the Company’s first CIO.TYSONS CORNER, Va. and PETAH TIKVA, Israel, Aug. 01, 2024 (GLOBE NEWSWIRE) — Cellebrite (NASDAQ: CLBT), a global leader in premier Digital Investigative solutions for the public and private sectors, today announced the appointment of Sigalit Shavit as Chief Information Officer (CIO) who begins her role today, August 1, 2024. Shavit joins the Company’s Leadership Team, bringing with her more than 30 years of experience to Cellebrite’s information technology and security team. In this newly established position that reports to CEO Yossi Carmil, Shavit will play a pivotal role in scaling the...

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Inuvo to Host Second Quarter 2024 Financial Results Conference Call on Thursday, August 8th at 4:15 P.M. ET

LITTLE ROCK, Ark., Aug. 01, 2024 (GLOBE NEWSWIRE) — Inuvo, Inc. (NYSE American: INUV), provider of the first generative artificial intelligence (AI) advertiser solution made specifically for brands and agencies, will host a conference call on Thursday, August 8, 2024, at 4:15 PM Eastern Time to discuss its financial results and provide a business update for the for the second quarter ended June 30, 2024. Conference Call Details: Date: Thursday, August 8, 2024Time: 4:15 p.m. Eastern Time Toll-free Dial-in Number: 1-800-717-1738International Dial-in Number: 1-646-307-1865Conference ID: 1174796Webcast Link: HERE A telephone replay will be available through Thursday, August 22, 2024. To access the replay, please dial 1-844-512-2921 (domestic) or 1-412-317-6671 (international). At the system prompt, please enter the code 1174796 followed...

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Non-invasive Vagus Nerve Stimulation (nVNS) is effective at accelerating foreign language learning

Clinical Trial demonstrates that nVNS is an effective learning acceleration tool while simultaneously improving focus and decreasing fatigue in study participants ROCKAWAY, N.J., Aug. 01, 2024 (GLOBE NEWSWIRE) — electroCore, Inc. (Nasdaq: ECOR), a commercial-stage bioelectronic medicine and wellness company, today announced that the Air Force Research Laboratories (AFRL) published a paper entitled “Transcutaneous Cervical Vagus Nerve Stimulation Enhances Second-Language Vocabulary Acquisition While Simultaneously Mitigating Fatigue and Promoting Focus” in Scientific Reports on July 26, 2024 (Link). The paper is based on a study that was conducted at the Defense Language Institute (DLI) in Monterey, CA, the U.S. Department of Defense’s premier language school. The study was supported by Defense Advanced Research Projects Agency...

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Integer Holdings Releases Inaugural Impact Report

~ Report Highlights Integer’s Commitment to Minimizing Environmental Footprint, Maximizing Positive Global Impact and Enhancing the Lives of Patients Worldwide ~ PLANO, Texas, Aug. 01, 2024 (GLOBE NEWSWIRE) — Integer Holdings Corporation (NYSE: ITGR), a leading global medical device contract development and manufacturing organization (CDMO), today announced the release of its first environmental, social and governance (ESG) report, “Making a Difference: Integer’s Inaugural Impact Report.” “I am excited to introduce Integer’s first Impact Report,” said Joseph Dziedzic, Integer president and CEO. “At Integer, we are focused on strengthening our business in a way that minimizes our environmental footprint while ultimately advancing the future of medical devices and maximizing the positive impact we have on our associates, partners,...

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FreightCar America, Inc. Announces Expansion into Tank Cars Securing Multi-Year Order

New agreement leverages FreightCar America’s capabilities by adding tank car conversions to diversified offerings Optimized production capacity at state-of-the-art manufacturing campus supporting large-scale multi-year projects Each tank car will be upgraded to meet the latest federally mandated advancements, ensuring optimal safety, efficiency, and performanceCHICAGO, Aug. 01, 2024 (GLOBE NEWSWIRE) — FreightCar America, Inc. (NASDAQ: RAIL) (“FreightCar America” or the “Company”), a pure-play manufacturer of high-quality railcars with a legacy of 120+ years, proudly announces that it has entered into a multi-year agreement to convert tank cars to upgraded specifications. The Company’s storied history includes a strong foundation including deliveries of over 15,000 conversions and rebodied railcars that have paved the way for...

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