Day: September 25, 2024

SEALSQ Announces Unaudited First Half 2024 Financial Results and Updates on Strategic Business Initiatives

Written by Customer Service on September 25, 2024. Posted in Earnings Releases And Operating Results.

Geneva, Switzerland, Sept. 25, 2024 (GLOBE NEWSWIRE) — Schedules Conference Call and Webcast for Thursday, September 26 at 9:00 am ET (3:00 pm CET)Strategic initiatives include launch of Quantum-Resistant Secure Chips and partnerships to establish several OSAT Chip Design and Customization Centers. Despite temporary slowdown in H1 2024, SEALSQ expects an improved performance in H2 2024 and return to growth in 2025. Expected growth supported by $2.4 million investments made during H1 2024 in research and development initiatives. With a strong cash position of $18.9 million at June 30, 2024, SEALSQ is well-equipped to weather the current slowdown and continue funding its strategic initiatives. Release of engineering samples of SEALSQ’s QS7001 Quantum-Resistant Secure Chips is expected before the end of 2024. Robust pipeline of...

Concentrix Reports Third Quarter 2024 Results

Written by Customer Service on September 25, 2024. Posted in Earnings Releases And Operating Results.

Delivers revenue above the midpoint of guidance and profit within guidance range Returns $60 million to shareholders in the quarter through share repurchases and dividends and raises quarterly dividend by 10% Introduces iX Hello™, the Company’s first commercial product launch, reflecting the Company’s accelerated AI investmentsNEWARK, Calif., Sept. 25, 2024 (GLOBE NEWSWIRE) — Concentrix Corporation (NASDAQ: CNXC), a global technology and services leader, today announced financial results for the fiscal third quarter ended August 31, 2024. Three Months Ended August 31, 2024 August 31, 2023 ChangeRevenue ($M) $ 2,387.4 $ 1,632.8 46.2 %Operating income ($M) $ 153.2 $ 162.3 (5.6 )%Non-GAAP operating income ($M) (1) $ 331.0 $ 231.0 43.3 %Operating margin 6.4 % 9.9 % -350...

Nokia joins the AI Pact, a new framework to prepare for the European Union’s AI Act

Written by Customer Service on September 25, 2024. Posted in Public Companies.

Press ReleaseNokia joins the AI Pact, a new framework to prepare for the European Union’s AI ActAI Pact initiative is aimed at facilitating companies’ early preparation for compliance with the new EU AI Act covering the use of AI systems. Nokia’s AI Pact pledges demonstrate an ongoing commitment to the responsible, innovative and business-oriented implementation of AI. Nokia has built up strong expertise in trustworthy AI and governance, and actively contributes to the creation of European standards that enable compliance with the AI Act. Nokia welcomes this opportunity to share its learnings and work together with industry peers and the EU AI Office.25 September 2024Espoo, Finland – Nokia announced today that it has officially joined the AI Pact, a voluntary framework to prepare for compliance with the European Union’s AI Act. The...

PharmaCorp Announces Agreement to Acquire a Pharmacy in Atlantic Canada

Written by Customer Service on September 25, 2024. Posted in Public Companies.

SASKATOON, Saskatchewan, Sept. 25, 2024 (GLOBE NEWSWIRE) — PHARMACORP RX INC. (“PharmaCorp” or the “Corporation”) (TSXV: PCRX) is pleased to announce that, pursuant to share purchase agreements dated September 24, 2024, it has agreed to acquire from arm’s length vendors (the “Vendors”) a 100% interest in a pharmacy business including land and buildings (the “Acquired Pharmacy”) located in Atlantic Canada (the “Acquisition”). The aggregate purchase price for the Acquired Pharmacy is $15,377,013, of which $15,177,013 will be paid using cash on hand and $200,000 will be paid with common shares of PharmaCorp (“Common Shares”). The deemed price for the Common Shares will not be lower than $0.60 per Common Share and is subject to a price adjustment mechanism determined at closing that may increase the deemed price per Common Share. The...

Brandywine Realty Trust Announces Common Quarterly Dividend, and Confirms Third Quarter 2024 Earnings Release and Conference Call

Written by Customer Service on September 25, 2024. Posted in Dividend Reports And Estimates.

PHILADELPHIA, Sept. 25, 2024 (GLOBE NEWSWIRE) — Brandywine Realty Trust (NYSE:BDN) announced today that its Board of Trustees has declared a quarterly cash dividend of $0.15 per common share and OP Unit payable on October 24, 2024 to holders of record on October 9, 2024. The quarterly dividend is equivalent to an annual rate of $0.60 per share. Conference Call and Audio Webcast We will release our third quarter earnings after the market close on Tuesday October 22, 2024 and will hold our third quarter conference call on Wednesday October 23, 2024 at 9:00 a.m. Eastern Time. To access the conference call by phone, please visit this link here, and you will be provided with dial in details. A live webcast of the conference call will also be available on the Investor Relations page of our website at www.brandywinerealty.com. About Brandywine...

E Ink Wins Manufacturer of the Year at the 9th Annual Massachusetts Manufacturing Awards Ceremony

Written by Customer Service on September 25, 2024. Posted in Public Companies.

The company was recognized by the Commonwealth’s Legislative Manufacturing Caucus BILLERICA, Mass., Sept. 25, 2024 (GLOBE NEWSWIRE) — E Ink (8069.TW) the originator, pioneer, and global commercial leader in ePaper technology, today announced that the Commonwealth of Massachusetts recognized E Ink as a leading manufacturer in the state at the 9th Annual Manufacturing Awards. Companies across the Commonwealth, including E Ink, were honored by the Legislative Manufacturing Caucus and accepted their awards on September 25 at Gillette Stadium. The award recognizes E Ink in part because of its ongoing manufacturing and production of ePaper displays in Massachusetts. E Ink’s Billerica and South Hadley facility has been actively producing the Company’s proprietary ink and film products since 2009. E Ink has since acquired both sites and...

CarMax Earns Spot on Fortune’s Best Workplaces in Retail List for the Tenth Consecutive Year

Written by Customer Service on September 25, 2024. Posted in Public Companies.

RICHMOND, Virginia, Sept. 25, 2024 (GLOBE NEWSWIRE) — CarMax (NYSE: KMX) has been named to Fortune magazine’s 2024 Fortune Best Workplaces in Retail™ list for the 10th consecutive year, ranking #6 in the large company category. Earning a spot on this prestigious list means that CarMax is one of the country’s best companies to work for. “We are immensely proud of CarMax’s associates for their dedication and hard work. This award is a testament to their unwavering commitment and the supportive culture we have built together,” said Diane Cafritz, CarMax’s EVP, Chief Innovation & People Officer. The Best Workplaces in Retail list is highly competitive. To determine the list, Fortune partnered with global people analytics firm Great Place To Work, which analyzed the anonymous survey responses of more than 1.3 million...

Saratoga Investment Corp. Announces Postponement of Annual Meeting of Stockholders Until October 23, 2024

Written by Customer Service on September 25, 2024. Posted in Public Companies.

Urges Stockholders To Vote Their Shares NEW YORK, NY, Sept. 25, 2024 (GLOBE NEWSWIRE) — Saratoga Investment Corp. (NYSE: SAR) (“Saratoga Investment,” “Saratoga” or “the Company”) today announced that the Company anticipates that it will not have a sufficient number of shares of the Company’s common stock present in person or represented by proxy at the 2024 Annual Meeting of Stockholders (the “Annual Meeting”), scheduled for Thursday, September 26, 2024 at 10:00 a.m. Eastern Time, to constitute a quorum. The majority of the votes received are in favor of the motion being proposed which is to elect Christian L. Oberbeck as director of the Company, to serve until the 2027 Annual Meeting. The Company has decided to postpone the Annual Meeting to 10:00 a.m. Eastern Time on Wednesday, October 23, 2024 at the offices...

Lottery.Com Signs MOU to Acquire CMF Media (CMF) to Facilitate Sports.Com’s Production of Original Content

Written by Customer Service on September 25, 2024. Posted in Mergers And Acquisitions.

FT. WORTH, Texas, Sept. 25, 2024 (GLOBE NEWSWIRE) — Lottery.com Inc. (Nasdaq: LTRY) (“Lottery.com” or “the Company”), an online lottery and digital entertainment provider, is pleased to announce that it has signed a Memorandum of Understanding (MOU) to acquire CMF Media, an award-winning sports content production house. The acquisition, valued at $1 million, will be paid entirely in common stock of Lottery.com to be issued at $3.00 per share. CMF is owned by Charlie Bingham and Miguel Sánchez and will be integrated under the Sports.com brand, which is wholly owned by Lottery.com. The CMF acquisition is part of the broader buy and build strategy to be executed via a series of acquisitions targeted by Lottery.com to rapidly develop the Sports.com brand. Upon completion of the acquisition, CMF Media will be...

TMT Acquisition Corp Announces Changes to Contribution to Trust Account and the Use of Funds in Trust Account to Pay Dissolution Expenses in Connection with Extension Amendment Proposal

Written by Customer Service on September 25, 2024. Posted in Public Companies.

New York, NY, Sept. 25, 2024 (GLOBE NEWSWIRE) — TMT Acquisition Corp (Nasdaq: TMTCU, TMTC, and TMTCR) (the “Company”) announced today that if the proposal to amend the Company’s Amended and Restated Memorandum and Articles of Association, which provides that the Company may elect to extend the date by which the Company has to consummate a business combination (the “Combination Period”) for a total of up to five (5) times, as follow: (i) two (2) times for an additional three (3) months each time from March 30, 2024 to September 30, 2024 (the “First Extension Period”); and subsequently (ii) three (3) times, for an additional one (1) month each time, from September 30, 2024 to December 30, 2024 (the “Second Extension Period”), if requested by the Sponsor (as defined herein) and upon two calendar days’ advance notice prior to the applicable...

Day: September 25, 2024

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