Year: 2024

ABQQ Reports FY 2024 Audited Financial Results, Introduces FY 2025 Outlook, Announces to Repurchase $5 Million of Shares by Year-End 2025

Written by Customer Service on November 26, 2024. Posted in Earnings Releases And Operating Results.

FY 2024 REVENUE INCREASED 125% TO A RECORD $3.3 MILLION FY 2024 REACH OPERATIONAL PROFITABILITY NET INCOME TO A RECORD $0.54 MILLION GUIDES FY 2025 REVENUE GROWTH OF APPROX. 150%; EPS RANGE OF $0.001 TO $0.002 ANNOUNCES INCREASE TO PREVIOUSLY COMMUNICATED SHARE REPURCHASE GOAL, TO REPURCHASE $5 MILLION OF SHARES BY YEAR END 2025NEW YORK, Nov. 26, 2024 (GLOBE NEWSWIRE) — AB International Group Corp. (OTC: ABQQ), an intellectual property (IP) and movie investment and licensing firm, announces financial and operating results for the year ended August 31, 2024. The audited financial results have been filed in a 10-K with the U.S. Securities and Exchange Commission (the “SEC”). The Company also provided its financial outlook for the fiscal year ending August 31, 2025. “ABQQ achieved record results during fiscal year 2024,...

Regarding Changes to the 2024 Investor Calendar Related to Non-preparation of Interim Information as well as Regarding Other Changes

Written by Customer Service on November 26, 2024. Posted in Public Companies.

AUGA group, AB (hereinafter – the Company) intends to implement the restructuring plan to its full extent, the draft of which was announced by the Company on 22 November 2024 (upon its approval by the extraordinary general meeting of shareholders of the Company convened on 4 December 2024). The Company’s priority shall be to ensure that the objectives outlined in the proposed plan are achieved, focusing on optimizing internal processes and reducing operating expenses to enhance efficiency of the Company and of its group companies. When drafting the restructuring plan, the Company has conduced a thorough review of its operations, including, among other, processes and measures related to information disclosure for investors, expenses related to the fact that the shares of the Company are listed on the Main List (rather than on the Secondary...

Barrick Confirms Arrest of Four Malian Employees, Reaffirms Commitment to Resolution of Disputes

Written by Customer Service on November 26, 2024. Posted in Public Companies.

TORONTO, Nov. 26, 2024 (GLOBE NEWSWIRE) — Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) today confirmed that four employees of its Loulo-Gounkoto mining complex had been charged and detained pending trial. While Barrick refutes these charges, it said it would continue to engage with the Malian government to find an amicable dispute settlement that would ensure the long-term sustainability of the complex. President and chief executive Mark Bristow said that since September 30, the company had been actively seeking to finalize a Memorandum of Agreement that would guide Barrick’s partnership with the government in future, including the state’s share of the economic benefits generated by the complex and the legal framework under which this would be managed. “Our attempts to find a mutually acceptable resolution have so far been unsuccessful,...

Belships ASA

Written by Customer Service on November 26, 2024. Posted in Public Companies.

26 November 2024 Kontrari/Kontrazi (“Kontrari”), the largest shareholder of Belships, is in a process to evaluate potential strategic alternatives relating to its ownership stake in Belships. Fearnley Securities, Kontrari’s financial advisor, today received indications that rumours exist about the process. No decisions have been made at this time. There can be no assurance that the process will result in any transaction or other strategic change or outcome. Neither Kontrari nor Belships intends to make any further announcement until determined that such disclosure is necessary. This information is considered to be inside information pursuant to the EU Market Abuse Regulation and subject to the disclosure requirements pursuant to section 5-12 the Norwegian Securities Trading Act. This announcement was published by Sunniva...

Fnac Darty receives approval from the European Commission for the acquisition of Unieuro

Written by Customer Service on November 26, 2024. Posted in Mergers And Acquisitions.

PRESS RELEASE Ivry-sur-Seine, France — 26 November 2024, 5:45 p.m. CEST THE RELEASE, PUBLICATION OR DISTRIBUTION OF THIS PRESS RELEASE IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IS NOT PERMITTED IN OR INTO THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, JAPAN OR ANY OTHER COUNTRY WHERE SUCH COMMUNICATION WOULD VIOLATE THE RELEVANT APPLICABLE REGULATION FNAC DARTY RECEIVES APPROVAL FROM THE EUROPEAN COMMISSION FOR THE ACQUISITION OF UNIEURO Fnac Darty announces that the European Commission has today unconditionally authorized the acquisition of Unieuro. This is a decisive step in the creation of a leader in Consumer electronics, Domestic appliances, Editorial products and Services in Southern and Western Europe, with over €10 billion in revenue, 30,000 employees and more than 1,500 stores. The Procedure to Comply with the Obligation...

Aramis Group – 2024 annual results

Written by Customer Service on November 26, 2024. Posted in Earnings Releases And Operating Results.

PRESS RELEASE Arcueil, November 26, 2024 2024 annual results Record performance in 2024: +22% volume growth, EBITDA and cash generation significantly increased Results for the fiscal year ended September 30, 2024Revenue of €2.2 billion, reflecting organic growth of +15.0% Continued improvement in customer satisfaction, reaching a record Net Promoter Score (NPS1) of 73, supported by exceptional team engagement across our six countries (e-NPS2 of 57) Strong growth of +21.9% in B2C vehicle sales volumes, including +12% for refurbished cars and +81% for pre-registered vehicles. Clear outperformance compared to the overall used car market3 Consistent increase in gross profit per unit (GPU), rising to €2,285 compared to €2,161 in 2023. The second half of 2024 saw a record GPU of €2,412, reflecting continuous and structural improvements across...

QNB Corp. Declares 4Q 2024 Dividend

Written by Customer Service on November 26, 2024. Posted in Dividend Reports And Estimates.

Dividend payable on December 27, 2024 Quakertown, PA, Nov. 26, 2024 (GLOBE NEWSWIRE) — At a regular meeting on November 2024, The Board of Directors of QNB Corp. (OTC Bulletin Board: QNBC), parent company of QNB Bank, declared a quarterly cash dividend of $0.37 per share. The dividend is payable on December 27, 2024, to shareholders of record on December 13, 2024. QNB Corp. offers commercial and retail banking services through the twelve banking offices of its subsidiary, QNB Bank. QNB Corp.’s stock is traded in the over-the-counter market under the symbol “QNBC.” For more information, visit QNB’s website at QNBbank.com. CONTACT: David W. Freeman QNB Corp. 215-538-5600 x5719 dfreeman@qnbbank.com

Unity Bank’s Amanda Roche Honored as a New Leader in Banking by NJ Bankers Association

Written by Customer Service on November 26, 2024. Posted in Public Companies.

Prestigious Recognition Celebrates Rising Stars in New Jersey’s Banking IndustryNJBankers Awards Ceremony PhotoAmanda Roche was named a NJBankers Rising Star at their recent awards ceremony.CLINTON, N.J., Nov. 26, 2024 (GLOBE NEWSWIRE) — Unity Bank proudly announces that Amanda Roche, Vice President and Finance Department Supervisor, has been recognized as a 2024 New Leader in Banking by the New Jersey Bankers Association (NJBankers). This esteemed award honors outstanding young professionals who are making significant contributions to the New Jersey banking sector. A resident of Long Valley, New Jersey, Roche is one of only 22 banking professionals under the age of 40 to receive this distinguished recognition from NJBankers, a trade association representing over 200 financial institutions across the state. Award nominees...

Abacus Life Targets Close of the Acquisition of Carlisle Management Company S.C.A. for December 2, 2024 with Receipt of Regulatory Non-Objection

Written by Customer Service on November 26, 2024. Posted in Mergers And Acquisitions.

ORLANDO, Fla., Nov. 26, 2024 (GLOBE NEWSWIRE) — Abacus Life, Inc. (“Abacus” or the “Company”) (NASDAQ: ABL), a pioneering global alternative asset manager specializing in leveraging longevity data and actuarial technology to offer uncorrelated investment opportunities, announced it has received regulatory non-objection from the Luxembourg Commission de Surveillance du Secteur Financier (“CSSF”) for the acquisition of Carlisle Management Company S.C.A. (“Carlisle”), a leading Luxembourg-based investment fund manager in the life settlement space. “We are thrilled to be able to move forward with the closing of the Carlisle acquisition by the end of the fourth quarter, as we have previously communicated,” said Abacus Life CEO Jay Jackson. “Carlisle will add approximately $2.0 billion in assets under management to our ABL Wealth division,...

180 Degree Capital Notes Its Portfolio Company Brightcove, Inc., Entered into an Agreement to be Acquired by Bending Spoons

Written by Customer Service on November 26, 2024. Posted in Mergers And Acquisitions.

MONTCLAIR, N.J., Nov. 26, 2024 (GLOBE NEWSWIRE) — 180 Degree Capital Corp. (NASDAQ:TURN) (“180 Degree Capital”), is pleased to note that its portfolio company, Brightcove, Inc. (BCOV), announced yesterday that it has entered into a definitive agreement to be acquired by Bending Spoons for approximately $233 million, or $4.45 per share. Prior to this announcement, 180 Degree Capital owned approximately 1.35 million shares of BCOV. “We would like to congratulate Marc, John, and the entire BCOV team on today’s announcement,” said Kevin M. Rendino, Chief Executive Officer of 180 Degree Capital. “We began building our position in BCOV when Marc joined as CEO, and we continued to add to it based on our belief that BCOV’s strong balance sheet, differentiated platform, and recurring revenue would ultimately be fairly valued by the market...

Year: 2024

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