Day: October 17, 2024
BROOKFIELD, Wis., Oct. 17, 2024 (GLOBE NEWSWIRE) — CIB Marine Bancshares, Inc. (the “Company” or “CIB Marine”) (OTCQX: CIBH), the holding company of CIBM Bank (the “Bank”), announced its unaudited results of operations and financial condition for the quarter and nine months ended September 30, 2024. Earnings are up $0.7 million for the quarter when compared to the same quarter in 2023, and up by $0.6 million compared to the prior quarter in 2024, if excluding the effects of the gain on sale from the sale-leaseback transaction in the prior quarter.
Net income for the quarter was $1.1 million, or $0.79 basic and $0.59 diluted earnings per share, compared to $0.4 million, or $0.28 basic and $0.21 diluted earnings per share, for the same period of 2023. Net income for the nine months ended September 30, 2024, was $5.0 million, or $3.73...
Truxton Corporation Reports Third Quarter 2024 Results
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
NASHVILLE, Tenn., Oct. 17, 2024 (GLOBE NEWSWIRE) — Truxton Corporation, the parent company for Truxton Trust Company (“Truxton” or “the Bank”) and subsidiaries, announced its operating results for the quarter ended September 30, 2024. Third quarter net income attributable to common shareholders was $4.57 million, or $1.57 per diluted share, compared to $4.56 million, or $1.57 per diluted share, for the same quarter in 2023.
“Truxton once again produced strong performance in the third quarter despite some significant non-recurring expenses including those related to the conversion of our core system that should engender improved operations in the coming years,” said Truxton Chairman Tom Stumb. “With net interest income up 10% and Wealth Management revenue up 14% from a year ago, we believe we are poised for excellent performance...
TOMI Environmental Solutions, Inc. Announces Record Q3 2024 iHP Corporate Service Revenue
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FREDERICK, Md., Oct. 17, 2024 (GLOBE NEWSWIRE) — TOMI Environmental Solutions, Inc.® (“TOMI”) (NASDAQ: TOMZ), a global leader in disinfection and decontamination technologies, today announced that its iHP Corporate Service division is expected to recognize revenues of approximately $650,000 for the three month ended September 30, 2024. This marks a record for the division’s quarterly performance, surpassing historical averages of approximately $250,000 per quarter or $1 million annually. TOMI intends to announce its full Q3 financial results, including total revenue for the third quarter on October 30th, 2024.
The division’s significant revenue growth in the third quarter reflects the rising demand for TOMI’s iHP services, particularly within the life sciences sector. TOMI has effectively expanded its marketshare, strengthening...
Cartier Drill Results on Globex Royalty Claims
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ROUYN-NORANDA, Quebec, Oct. 17, 2024 (GLOBE NEWSWIRE) — GLOBEX MINING ENTERPRISES INC. (GMX – Toronto Stock Exchange, G1MN – Frankfurt, Stuttgart, Berlin, Munich, Tradegate, Lang & Schwarz, LS Exchange, TTMzero, Düsseldorf and Quotrix Düsseldorf Stock Exchanges and GLBXF – OTCQX International in the US) is pleased to inform shareholders that Cartier Resources (TSX-V:ECR) has released additional drill results from drilling collared near the north boundary of several Globex 3% Gross Metal Royalty (GMR) claims. The drill holes are collared on Globex royalty claims and pass out of the royalty claims at a vertical depth of approximately 200 metres.
The current results include 14.7 g/t Au over 4.3 m within 5.2 g/t Au over 20.6 m and 15.0 g/t Au over 1.0 metre within 5.7 g/t Au over 4.0 metres in the North Contact Zone. The lengths...
Sienna Announces Completion of $150 Million Offering of 4.436% Series D Senior Unsecured Debentures
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NOT FOR DISSEMINATION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
MARKHAM, Ontario, Oct. 17, 2024 (GLOBE NEWSWIRE) — Sienna Senior Living Inc. (“Sienna” or the “Company”) (TSX: SIA) announced today that it has completed its previously announced offering (the “Offering”) of $150 million aggregate principal amount of series D senior unsecured debentures (the “Debentures”). The Offering was led by BMO Capital Markets, TD Securities Inc. and CIBC Capital Markets, as joint lead agents and bookrunners. The Debentures were issued at par, bear interest at a rate of 4.436% per annum and will mature on October 17, 2029.
The Debentures are rated “BBB (Stable)” by Morningstar DBRS.
Sienna intends to use the net proceeds from the Offering to repay existing indebtedness and for general corporate purposes.
“This debenture...
Windtree Announces Expansion of Patents with Issuance of Istaroxime Patent for Japan
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WARRINGTON, Pa., Oct. 17, 2024 (GLOBE NEWSWIRE) — Windtree Therapeutics, Inc. (“Windtree” or the “Company”) (NasdaqCM: WINT), a biotechnology company focused on advancing early and late-stage innovative therapies for critical conditions and diseases, today announced the issuance of an istaroxime patent for Japan. The patent is entitled, “Istaroxime-containing intravenous formulation for the treatment of heart failure (AHF).” The claims are directed to intravenous administration of istaroxime using increased infusion times alone or in combination with other agents useful to treat AHF, thereby improving treatment of heart failure and diastolic relaxation when compared to conventional protocols. The application has been accorded Patent No. 7560134 with a registration date of September 24, 2024 and will expire in 2039.
Istaroxime is...
LYB completes acquisition of solvent-based recycling company APK
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Company welcomes additional recycling technology to its portfolioA group of employees stands inside APK AG’s factory in Merseburg, Germany, now part of LyondellBasellPhoto credit: LyondellBasellAmbition to further develop solvent-based recycling technology and bring to commercial scale
Company secures future of employees and fosters expertise with full integration
Plant to be transformed into post-consumer plastic waste recyclingROTTERDAM, The Netherlands, Oct. 17, 2024 (GLOBE NEWSWIRE) — LyondellBasell (LYB) today announced it became full owner of APK AG in Merseburg, Germany. APK will be fully integrated and continue as part of LYB, a sustainability leader in the chemical industry. It is LYB’s ambition to further develop the company’s unique solvent-based technology for low density polyethylene (LDPE) and build commercial...
Ocugen to Host Conference Call on Friday, November 8 at 8:30 A.M. ET to Discuss Business Updates and Third Quarter 2024 Financial Results
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MALVERN, Pa., Oct. 17, 2024 (GLOBE NEWSWIRE) — Ocugen, Inc. (Ocugen or the Company) (NASDAQ: OCGN), a biotechnology company focused on discovering, developing, and commercializing novel gene and cell therapies, biologics, and vaccines, today announced that it will host a conference call and live webcast to discuss the Company’s third quarter 2024 financial results and provide a business update at 8:30 a.m. ET on Friday, November 8, 2024.
Ocugen will issue a pre-market earnings announcement on the same day. Attendees are invited to participate on the call using the following details:
Dial-in Numbers: (800) 715-9871 for U.S. callers and (646) 307-1963 for international callersConference ID: 9923172Webcast: Available on the events section of the Ocugen investor site
A replay of the call and archived webcast will be available for approximately...
SemiCab Wins Contract with Apollo Tyres, $3 Billion Global Tire Manufacturer, for New Indian Commercial Pilot
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Apollo Tyres, Ltd Awards SemiCab Scalable Pilot Contract for Transportation Services in India
Fort Lauderdale, FL, Oct. 17, 2024 (GLOBE NEWSWIRE) — Algorhythm Holdings, Inc. (“Algorhythm”) (NASDAQ: RIME), an AI-driven technology and consumer electronics holding company, announced today that SemiCab, Inc.’s subsidiary, SMCB Private Solutions Limited (“SemiCab India”), has entered into a master service agreement (MSA) with Apollo Tyres, Ltd. (“Apollo”), India’s largest tire manufacturer. As a top 10 global tire producer, Apollo generated over $3 billion in sales in 2023, operating in more than 100 countries across Asia, Europe, and North America.
Algorhythm’s subsidiary SemiCab Holdings, LLC (“SemiCab”) will provide enterprise-level software services to SemiCab India to provide its AI-powered platform, designed to reduce service...
Anavex Life Sciences Announces Encouraging Preliminary Biomarker Results from Ongoing Phase 2 Study of ANAVEX®3-71 for the Treatment of Schizophrenia
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Part A of the placebo-controlled Phase 2 study has been completed
ANAVEX®3-71 demonstrates a dose-dependent pharmacodynamic effect on objective EEG biomarkers of schizophrenia
Patients are currently being dosed in Part B of the Phase 2 study which will investigate a longer treatment duration
NEW YORK, Oct. 17, 2024 (GLOBE NEWSWIRE) — Anavex Life Sciences Corp. (“Anavex” or the “Company”) (Nasdaq: AVXL), a clinical-stage biopharmaceutical company developing differentiated therapeutics for the treatment of Alzheimer’s disease, Parkinson’s disease, schizophrenia, neurodevelopmental, neurodegenerative, and rare diseases, including Rett syndrome, and other central nervous system (CNS) diseases, today announced encouraging preliminary electroencephalography (EEG) biomarker results from the Part A of the ongoing placebo-controlled...