Day: September 4, 2024

Union Bankshares Announces Balance Sheet Repositioning

MORRISVILLE, Vt., Sept. 04, 2024 (GLOBE NEWSWIRE) — Union Bankshares, Inc. (NASDAQ – UNB) today announced the completion of a balance sheet repositioning related to its investment securities portfolio. The Company’s wholly-owned subsidiary, Union Bank, executed the sale of $38.8 million in book value of its lower-yielding available-for-sale debt securities for an estimated after-tax realized loss of approximately $1.0 million, which will be recorded in the third quarter of 2024. Proceeds from the sale of the securities were redeployed into higher yielding bonds and funding loans that on a combined basis are expected to yield approximately 341 basis points more than the securities that were sold. The Company estimates the loss will be recouped within approximately one year. The loss on the sale of securities has a neutral...

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FuelCell Energy Participates in Panel Discussion on Scaling Technologies in Hydrogen Production at Investing in Green Hydrogen 2024

DANBURY, Conn., Sept. 04, 2024 (GLOBE NEWSWIRE) — FuelCell Energy, Inc. (Nasdaq: FCEL) announced its participation in a discussion on “Scaling Critical Technologies in Hydrogen Production” at Investing in Green Hydrogen 2024 (IGH2024). IGH2024 on Sept. 2-3, 2024, at the Queen Elizabeth II Centre in London. Andrea Miserocchi, vice president of business development in Europe and the Middle East at FuelCell Energy, spoke on the topic of “Scaling Critical Technologies in Hydrogen Production.” The panel he joined analyzed the crucial aspects of developing robust and efficient hydrogen projects. Miserocchi highlighted FuelCell Energy’s hydrogen solutions, including FuelCell Energy’s Solid Oxide Electrolyzer platform, which produces hydrogen at nearly 90 percent electrical efficiency without excess heat and can reach 100 percent efficiency...

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Toll Brothers Announces New Luxury Home Community Coming Soon to Murfreesboro, Tennessee

MURFREESBORO, Tenn., Sept. 04, 2024 (GLOBE NEWSWIRE) — Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, today announced its newest community, Meadowlark, is coming soon to Murfreesboro, Tennessee. Nestled near Clari Park and within walking distance to premium shopping and dining at The Avenue, Meadowlark by Toll Brothers will feature both single-family homes and townhomes, each thoughtfully crafted with elegant architecture and versatile spaces for modern living. The homes in Meadowlark will range in size from 1,869 to 2,268+ square feet of luxury living space, with 3 to 4 bedrooms, 2 to 3 bathrooms, and two-car garages. Toll Brothers homebuyers can choose from a variety of floor plans and exterior designs and can personalize the interior of their new home with a selection of curated designer-appointed...

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C&R Software Acquires SpringFour, Expanding Reach of Financial Health Solutions

WARMINSTER, Pa., Sept. 04, 2024 (GLOBE NEWSWIRE) — C&R Software (“C&R”),the world’s leading Cloud-native end-to-end software and solutions provider for the complete credit risk lifecycle and a CORA Group company, today announced the acquisition of SpringFour, the first-of-its-kind, leading financial health fintech. This acquisition further expands C&R Software’s offerings in the financial health sector and supports the company’s mission to deliver comprehensive collections and recovery solutions to customers worldwide. SpringFour will operate as a standalone brand, with Rochelle Nawrocki Gorey remaining as the CEO. This strategic acquisition will expand SpringFour’s reach, and position C&R Software to further support its clients in providing critical financial health resources and services that benefit both...

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Verizon Chairman & CEO to speak at Goldman Sachs conference September 9

NEW YORK, Sept. 04, 2024 (GLOBE NEWSWIRE) — Hans Vestberg, Chairman and CEO of Verizon (NYSE, Nasdaq: VZ), is scheduled to speak at the Goldman Sachs Communacopia + Technology Conference on Monday, September 9, at 11:50 a.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 where they are today and equip them for the needs of...

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Safety Shot President Jordan Schur Invests an Additional $3.4 Million in the Company Through His Family Fund, Core 4 Capital Corp.

JUPITER, FL, Sept. 04, 2024 (GLOBE NEWSWIRE) — Safety Shot, Inc. (Nasdaq: SHOT) (the “Company” or “Safety Shot”) is pleased to announce that Safety Shot President Jordan Schur has invested in a $3.4 million private placement in the Company through his family investment group, Core 4 Capital Corp. (“Core 4”). In addition to gross proceeds of $5 million that were raised in April and $1 million in June from Core 4, Safety Shot just raised an additional $3.4 million from the issuance of 3,370,787 Shares at a price of $0.89 and 3,370,767 warrants at $0.125 per warrant, With this investment, Core 4 has made a combined investment of $9.4 million from Core 4. “I have seen amazing progress in this Company since I joined approximately six months ago,” said Schur. “The recent release of our clinical trial conducted by the Center for Applied...

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Banle Group Announces 2024 Interim Results at Webcast

CBL INTERNATIONAL LIMITED(Incorporated in Cayman Islands with limited liabilities)(NASDAQ: BANL) KUALA LUMPUR, Malaysia, Sept. 04, 2024 (GLOBE NEWSWIRE) — CBL International Limited (the “Company” or “CBL”) (NASDAQ: BANL), the listing vehicle of Banle Group (“Banle” or “the Group”), a reputable marine fuel logistic company based in the Asia-Pacific region, announced today it will file its Interim report on Form 6-K for the year ended June 30, 2024, on Thursday, September 12, 2024. Banle will host a webcast on Friday, September 13, 2024, at 10:00 am HKT or Thursday, September 12, 2024, at 10:00 pm ET. Company Management will discuss the Group’s business strategies and recent developments at the webcast. Company Management attending:Mr. Teck Lim Chia – Chairman & Chief Executive OfficerMr. Raymond Chiu – Chief Financial OfficerMs....

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Old National to Present at the 2024 Barclays Global Financial Services Conference

EVANSVILLE, Ind., Sept. 04, 2024 (GLOBE NEWSWIRE) — Old National Bancorp (NASDAQ: ONB) announced today that its Chairman and Chief Executive Officer Jim Ryan will present at the 2024 Barclays Global Financial Services Conference in New York, NY at 2:00 p.m. ET on Tuesday, September 10, 2024. Interested parties can access the live webcast of the presentation through the Investor Relations section of the Company’s website at https:/ir.oldnational.com. For those unable to attend the live broadcast, a replay of the presentation will be accessible for 90 days after the presentation date. ABOUT OLD NATIONALOld National Bancorp is the holding company of Old National Bank. As the sixth largest commercial bank headquartered in the Midwest, Old National proudly serves clients primarily in the Midwest and Southeast. With approximately $53...

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Toll Brothers Announces New Luxury Home Community Coming Soon to Royersford, Pennsylvania

ROYERSFORD, Pa., Sept. 04, 2024 (GLOBE NEWSWIRE) — Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, today announced its newest community, Hearthfield, is coming soon to Royersford, Pennsylvania. This intimate Toll Brothers neighborhood will include 54 single-family home sites. Site work is underway, and the community is anticipated to open for sale in early 2025. Located minutes from Collegeville, Hearthfield offers a variety of spacious two- or three- story home designs by Toll Brothers. The community is exceptionally designed so that every home is situated on a cul-de-sac. The impressive floor plans feature modern architecture and range from 3,029 to 3,672+ square feet with 4 to 5 bedrooms, flexible living spaces, 3.5 to 5.5 bathrooms, two-car garages, and basements. “Our new Hearthfield community...

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Kentucky First Federal Bancorp Announces Appointment of Director, Selection of Chairman

HAZARD, Ky. and FRANKFORT, Ky. and DANVILLE, Ky. and LANCASTER, Ky., Sept. 04, 2024 (GLOBE NEWSWIRE) — Kentucky First Federal Bancorp (Nasdaq: KFFB), the holding company for First Federal Savings Bank of Kentucky and First Federal Savings and Loan of Hazard, has announced that R. Clay Hulette has been selected to the company’s board of directors. He will serve until the company’s annual meeting, to be held on November 14, 2024, at which time he will run for a two-year term to complete the unexpired term of the retried Tony Whitaker. Mr. Hulette is currently a member of the Board of Directors of First Federal Savings Bank of Kentucky and has served in that capacity since 2012. Mr. Hulette was employed at First Federal in 1997 and served as Vice President and Treasurer until 2007, at which point he was named President of First Federal....

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