Day: January 2, 2025

ARMOUR Residential REIT, Inc. Confirms January 2025 Common Share and Series C Preferred Share Dividends

Written by Customer Service on January 2, 2025. Posted in Dividend Reports And Estimates.

VERO BEACH, Florida, Jan. 02, 2025 (GLOBE NEWSWIRE) — ARMOUR Residential REIT, Inc. (NYSE: ARR and ARR-PRC) (“ARMOUR” or the “Company”) today confirmed the January 2025 cash dividend for the Company’s Common Stock, consistent with the previous guidance which the Company released on December 26, 2024. The Company also confirmed the Q1 2025 monthly cash dividend rate for the Company’s Series C Preferred Stock. January 2025 Common Stock Dividend InformationMonth Dividend Holder of Record Date Payment DateJanuary 2025 $0.24 January 15, 2025 January 30, 2025 Q1 2025 Series C Preferred Stock Dividend InformationMonth Dividend Holder of Record Date Payment DateJanuary 2025 $0.14583 January 15, 2025 January 27, 2025February 2025 $0.14583 February 15, 2025 February...

XAI Octagon Floating Rate & Alternative Income Trust Declares its Monthly Common Shares Distribution and Quarterly Preferred Shares Dividend

Written by Customer Service on January 2, 2025. Posted in Dividend Reports And Estimates.

CHICAGO, Jan. 02, 2025 (GLOBE NEWSWIRE) — XAI Octagon Floating Rate & Alternative Income Trust (the “Trust”) has declared its regular monthly distribution of $0.077 per share of the Trust’s common shares (NYSE: XFLT). The Trust also declared preferred dividends for the quarter of $0.40625 per share of the Trust’s 6.50% Series 2026 Term Preferred Shares (NYSE: XFLTPRA). The following dates apply to each declaration:Share Class Ex-Dividend Date Record Date Payable Date Amount Change from Previous DeclarationXFLT January 16, 2025 January 16, 2025 February 3, 2025 $0.077 No ChangeXFLTPRA January 15, 2025 January 15, 2025 January 31, 2025 $0.40625 No Change1_______________________________1 The Trust’s 6.50% Series 2026 Term Preferred Shares dividend is calculated based on the preferred shares Liquidation Preference...

Palomar Holdings, Inc. Completes Acquisition of First Indemnity of America Insurance Company

Written by Customer Service on January 2, 2025. Posted in Mergers And Acquisitions.

LA JOLLA, Calif., Jan. 02, 2025 (GLOBE NEWSWIRE) — Palomar Holdings, Inc. (NASDAQ: PLMR) (“Palomar” or the “Company”) today announced the completion of the Company’s acquisition of First Indemnity of America Insurance Company (“FIA”), effective January 1, 2025. “I am very excited to announce the completion of our acquisition of FIA and to welcome FIA’s management team, employees and insureds to Palomar,” commented Mac Armstrong, Palomar’s Chairman and Chief Executive Officer. “This transaction provides us entry into the Surety market, a highly profitable line of business with a healthy growth profile. FIA’s leaders are industry veterans with decades of underwriting and claims experience who have delivered loss ratios that have outperformed the broader surety market over the past five years.” Mr. Armstrong added, “Expanding into...

Alpine Income Property Trust Announces Acquisition of Lowe’s Home Improvement

Written by Customer Service on January 2, 2025. Posted in Mergers And Acquisitions.

Full Year Investment Activity Reached $134.7 Million; Dispositions Totaled $75.6 Million WINTER PARK, Fla., Jan. 02, 2025 (GLOBE NEWSWIRE) — Alpine Income Property Trust, Inc. (NYSE: PINE) (the “Company” or “PINE”), an owner and operator of single tenant net leased commercial income properties, today announced the acquisition of a property leased to Lowe’s Home Improvement, and updated fourth quarter and full year 2024 investment and disposition activity. 2024 Investment Activity Completed a $22.5 million purchase of a single-tenant property leased to Lowe’s Home Improvement located in Knoxville, TN in December 2024. The lease has approximately 13 years of remaining term. Lowe’s (S&P rating: BBB+) is now the Company’s second largest tenant based on annual base rent (“ABR”) after Dick’s Sporting Goods (S&P rating: BBB). Full...

SPS Commerce to Acquire Carbon6 Technologies

Written by Customer Service on January 2, 2025. Posted in Mergers And Acquisitions.

Acquisition builds on the company’s revenue recovery portfolio with increased support for Amazon sellers Company to host conference call today at 5:00 p.m. ET MINNEAPOLIS, Jan. 02, 2025 (GLOBE NEWSWIRE) — SPS Commerce, Inc. (NASDAQ: SPSC), a leader in retail supply chain cloud services, today announced that it has reached an agreement to acquire Carbon6 Technologies, Inc. (Carbon6), a provider of software tools to Amazon sellers, including specialized offerings for revenue recovery for both first-party (1P) and third-party (3P) suppliers. The transaction is subject to customary closing conditions, including any necessary regulatory approvals. Whether selling to Amazon as a first-party seller or through Amazon’s marketplace as a third-party seller, there are specific supply chain processes suppliers must adopt to maximize revenue...

Lifecore Biomedical Reports Second Quarter Fiscal 2025 Financial Results and Provides Corporate Update

Written by Customer Service on January 2, 2025. Posted in Earnings Releases And Operating Results.

— Recorded Revenues of $32.6 Million for Q2 Fiscal 2025 — — Signed Multiple Development Agreements with New Customers — — Strengthened Balance Sheet with Financing Raising Approximately $24.3 Million, and Favorable Restructuring of Credit Facility with BMO — Conference Call Today at 4:30pm ET CHASKA, Minn., Jan. 02, 2025 (GLOBE NEWSWIRE) — Lifecore Biomedical, Inc. (NASDAQ: LFCR) (“Lifecore”), a fully integrated contract development and manufacturing organization (“CDMO”), today announced its financial results for the second quarter of fiscal 2025. Highlights from Second Quarter of Fiscal 2025: “The second quarter was a very productive time at Lifecore. Our achievements during the period spanned finance, operations and business development, all of which supported our overall growth strategy....

Nokia Corporation: Repurchase of own shares on 02.01.2025

Written by Customer Service on January 2, 2025. Posted in Public Companies.

Nokia CorporationStock Exchange Release2 January 2025 at 22:30 EET Nokia Corporation: Repurchase of own shares on 02.01.2025 Espoo, Finland – On 2 January 2025 Nokia Corporation (LEI: 549300A0JPRWG1KI7U06) has acquired its own shares (ISIN FI0009000681) as follows:Trading venue (MIC Code) Number of shares Weighted average price / share, EUR*XHEL 872,093 4.30CEUX – –BATE – –AQEU – –TQEX – –Total 872,093 4.30* Rounded to two decimals On 22 November 2024, Nokia announced that its Board of Directors is initiating a share buyback program to offset the dilutive effect of new Nokia shares issued to the shareholders of Infinera Corporation and certain Infinera Corporation share-based incentives. The repurchases in compliance with the Market Abuse Regulation (EU) 596/2014 (MAR),...

PMGC Holdings Inc. Following Skincare Subsidiary Sale, Embarks on Bold Growth Strategy

Written by Customer Service on January 2, 2025. Posted in Public Companies.

Divestiture Highlights Strategic Plans on Potential High-Impact Acquisitions Strategic Divestment Reduces Cash Burn and Enhances Operational Efficiency NEWPORT BEACH, Calif., Jan. 02, 2025 (GLOBE NEWSWIRE) — PMGC Holdings Inc. (formerly Elevai Labs Inc.) (the “Company” or “PMGC”) (Nasdaq: ELAB) today announced its commitment to accelerating shareholder value creation and market leadership following the sale of its skincare subsidiary, Elevai Skincare. This strategic divestiture marks a significant milestone in PMGC’s journey as a diversified holding company. The sale was executed to maximize immediate financial benefit while securing future upside through structured royalties and milestone payments. It has notably strengthened PMGC’s balance sheet, reduced operational losses, and paved the way for new opportunities that align with...

Alset Inc. Announces $1.5 Million Registered Direct Offering Priced at the Market Under Nasdaq Rules

Written by Customer Service on January 2, 2025. Posted in Public Companies.

BETHESDA, MD, Jan. 02, 2025 (GLOBE NEWSWIRE) — Alset Inc. (NASDAQ: AEI) (the “Company”), a diversified company engaged through its subsidiaries in the development of EHome communities and other real estate, financial services, digital transformation technologies, biohealth activities and consumer products with operations in the United States, Singapore, Hong Kong and South Korea, today announced that it has entered into definitive agreements in a registered direct offering with institutional investors for the purchase and sale of approximately $1.5 million of shares of common stock and pre-funded warrants at a price of $1.00 per share of common stock. The entire transaction has been priced at the market under Nasdaq rules. The offering consists of the sale of 1,500,000 shares of common stock (or pre-funded warrants). The public...

Verizon to report 4Q earnings January 24, 2025

Written by Customer Service on January 2, 2025. Posted in Public Companies.

NEW YORK, Jan. 02, 2025 (GLOBE NEWSWIRE) — Verizon Communications Inc. (NYSE, Nasdaq: VZ) will report fourth-quarter 2024 earnings on Friday, January 24, 2025. The company will present results on a webcast beginning at 8:30 a.m. Eastern Time. Fourth-quarter 2024 materials will be available at 7:00 a.m. ET on Verizon’s Investor Relations website, https://www.verizon.com/about/investors. These materials will include:Detailed information on Verizon’s fourth-quarter and full year results, including a recording and transcript of management’s commentary; Verizon’s earnings news release; and Financial tables.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...

Day: January 2, 2025

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