Day: December 11, 2024
Consolidated net revenues totaled $80.6 million
Financial condition remains strong with no debt and approximately $89 million of liquidity
Updates outlook for fiscal year ending February 1, 2025
FORT WAYNE, Ind., Dec. 11, 2024 (GLOBE NEWSWIRE) — Vera Bradley, Inc. (Nasdaq: VRA) today announced its financial results for the third quarter and nine months ended November 2, 2024.
In this release, Vera Bradley, Inc. or “the Company” refers to the entire enterprise and includes both the Vera Bradley and Pura Vida brands. Vera Bradley on a stand-alone basis refers to the Vera Bradley brand.
Third Quarter Comments
Jackie Ardrey, Chief Executive Officer commented, “The third quarter was extremely challenging as we remained in the early stages of ‘Project Restoration’, our strategic initiative to transform our business model and transition...
Intra-Cellular Therapies Presents Data from the CAPLYTA Adjunctive MDD Phase 3 Program at the American College of Neuropsychopharmacology Annual Meeting
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Presentations complement topline data with new data from two pivotal studies (Studies 501 and 502) evaluating lumateperone as an adjunctive therapy for the treatment of major depressive disorder
Data shows robust remission and response efficacy rates in patients taking CAPLYTA
Robust improvements in anxiety symptoms were also observed in patients taking CAPLYTA as measured by the Generalized Anxiety Disorder Questionnaire (GAD-7)
Pooled safety and tolerability data from Studies 501 and 502 show favorable safety and tolerability profile for CAPLYTA consistent with prior studies
A post-hoc analysis from Study 403 in mixed features shows CAPLYTA significantly improved anhedonia symptoms as measured by the MADRS anhedonia factor score
BEDMINSTER, N.J., Dec. 11, 2024 (GLOBE NEWSWIRE) — Intra-Cellular Therapies, Inc. (Nasdaq: ITCI),...
SUPERIOR GROUP OF COMPANIES TO PARTICIPATE IN SINGULAR RESEARCH’S 19th ANNUAL BEST OF THE UNCOVEREDS CONFERENCE
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ST. PETERSBURG, Fla., Dec. 11, 2024 (GLOBE NEWSWIRE) — Superior Group of Companies, Inc. (NASDAQ: SGC) today announced that Mike Koempel, Chief Financial Officer, will participate Singular Research’s Virtual Conference on Thursday, December 12, 2024 and will present at 12:00 PM Eastern Time. The webinar will be available on the investor relations Events & Presentations page of the Company’s website at https://ir.superiorgroupofcompanies.com/presentations.
About Superior Group of Companies, Inc. (SGC):Established in 1920, Superior Group of Companies is comprised of three attractive business segments each serving large, fragmented and growing addressable markets. Across Healthcare Apparel, Branded Products and Contact Centers, each segment enables businesses to create extraordinary brand engagement experiences for their...
GlobeTopper Reports 37% MoM Revenue Growth to $4.05 Million, Driven by Strong Cryptocurrency Expansion and Digital Gift Card Demand
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NEW YORK, Dec. 11, 2024 (GLOBE NEWSWIRE) — Accredited Solutions, Inc. (OTC: ASII) (“Accredited Solutions” or the “Company”), the parent company of Diamond Creek Water and the wholly-owned subsidiary GlobeTopper, is excited to announce a record-breaking 37% month-over-month (MoM) growth in revenue for GlobeTopper, bringing its total to $4.05 million for the month.
GlobeTopper, a leader in the B2B digital gift card space, partners with rewards programs, e-commerce platforms and fintech companies to distribute a wide portfolio of e-gift cards from prominent global retailers. While the company credits much of its success to the growing adoption of digital gift cards across retail and consumer markets, it also highlights the significant role that Bitcoin and cryptocurrency have played in driving growth.
Recent...
L3Harris Awards CPI Aerostructures, Inc. Contract for Next Generation Jammer Low-Band Program
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CPI to deliver Pod Structures to support airworthiness and design verification
EDGEWOOD, N.Y., Dec. 11, 2024 (GLOBE NEWSWIRE) — CPI Aerostructures, Inc. (“CPI Aero®” or the “Company”) (NYSE American: CVU), a leading manufacturer of structural assemblies in both the commercial and military defense aerospace markets, announced today that it was awarded by L3Harris Technologies (NYSE: LHX) a contract not-to-exceed $12.1 million to deliver airborne pod structures. This contract supports L3Harris’ delivery of operational prototype pods to the U.S. Naval Air Systems Command for fleet assessment and additional test assets for airworthiness and design verification. The NGJ-LB pods will fly on the EA-18G Growler and will support the Navy’s plan to replace the aging AN/ALQ-99 Tactical Jamming System. This first NGJ-LB contract to CPI Aero...
TransUnion 2025 Consumer Credit Forecast Points to Moderating Credit Card Balance Growth and Slower Delinquency Gains
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TransUnion projects delinquency expectations for major credit products during the next year
CHICAGO, Dec. 11, 2024 (GLOBE NEWSWIRE) — Following four years of increases in credit card balances and delinquencies, a new TransUnion (NYSE: TRU) consumer credit forecast projects a slowdown in growth for both metrics by the end of 2025. TransUnion’s forecast also examined the state of delinquency in 2025 for auto loans, unsecured personal loans and mortgages.
The forecast highlights the outlook for credit cards as this credit product is by far the most widely used in the U.S. In Q3 2024 (latest data available), there were 554.5 million active credit cards held by U.S. consumers. In the last four years alone, the number of credit cards increased by more than 100 million (451.6 million in Q3 2020).
“We’ve observed widespread growth in credit...
Winshear Gold Corp. AGM – Continuing Canadian Mail Strike and Availability of AGM Meeting and Voting Material
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VANCOUVER, British Columbia, Dec. 11, 2024 (GLOBE NEWSWIRE) — Winshear Gold Corp. (the “Company”) (TSX-V: WINS) announces that in connection with the ongoing Canada Post labour strike, the notice of meeting, management information circular, annual return card and form of proxy for shareholders (the “Meeting Materials”) for the upcoming annual general meeting (the “Meeting”) of holders (the “Shareholders”) of Common shares (“Common Shares”) of the Company, can be accessed under the Company’s SEDAR+ profile on www.sedarplus.ca as posted on November 21, 2024, and through its website. The Company’s audited financial statements for March 31, 2024 are also posted on its website at that location.
Registered Shareholders
The Company is encouraging Registered Shareholders to access the Meeting Materials electronically and vote their Common...
VERSES Releases Latest Version of Genius™
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Powerful New Features Include High Performance Agent, Advanced Reasoning, Planning, and Explainability
VANCOUVER, British Columbia, Dec. 11, 2024 (GLOBE NEWSWIRE) — VERSES AI Inc. (CBOE:VERS) (OTCQB:VRSSF) (“VERSES” or the “Company”), a cognitive computing company specializing in next-generation intelligent systems, announces the release of a software update of its flagship product Genius™ to its beta program participants.
“Our flagship product, Genius, features a collection of tools designed for developing and deploying Genius agents, assisting machine learning practitioners—such as programmers, coders, engineers, and researchers—in tackling unprecedented AI challenges,” said Hari Thiruvengada, Ph.D., VERSES® Chief Technology Officer. “In this release, we are introducing powerful enhanced reasoning and...
Parex Resources Announces Enhanced Strategic Partnership with Ecopetrol and Provides Operational Update
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CALGARY, Alberta, Dec. 11, 2024 (GLOBE NEWSWIRE) — Parex Resources Inc. (“Parex” or the “Company”) (TSX: PXT) and its strategic partner Ecopetrol S.A. (“Ecopetrol”), are pleased to announce that they have executed agreements whereby Parex will earn a 50% working interest (“W.I.”) in four blocks located in the Putumayo Basin of Colombia (“Putumayo Blocks”) as well as the Farallones Block in the Llanos Foothills of Colombia (“Farallones Block”). Additionally, the Company provides an operational update and reports that it is abandoning the Arantes exploration well at LLA-122 (50% W.I.). All amounts herein are in United States Dollars (“USD”) unless otherwise stated.
“The agreements announced today align with Parex’s strategy and add significant, lower-risk development & exploitation inventory, while consolidating our position...
NANO Nuclear Energy Appoints Distinguished Engineer and Leader Michael Norato, Ph.D. as Director of Nuclear Facilities and Infrastructure
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NANO Nuclear Energy IncFigure 1 – NANO Nuclear Energy Inc. Appoints Michael Norato, Ph.D., as its Director of Nuclear Facilities and Infrastructure.Appointment of Idaho National Lab and DOE veteran continues a string of high-level nuclear industry experts with deep governmental and regulatory experience joining NANO Nuclear
New York, N.Y., Dec. 11, 2024 (GLOBE NEWSWIRE) — NANO Nuclear Energy Inc. (NASDAQ: NNE) (“NANO Nuclear” or “the Company”), a leading vertically integrated advanced nuclear energy and technology company developing portable clean nuclear energy solutions, today announced that it has appointed Michael A. Norato, Ph.D., as its Director of Nuclear Facilities and Infrastructure.
Dr. Norato will oversee the construction, development and licensing of NANO Nuclear’s key facilities, including its recently...