Day: January 15, 2025

Black Hills Corp. Energizes First Phase of Its Ready Wyoming Electric Transmission Expansion Project

Written by Customer Service on January 15, 2025. Posted in Public Companies.

Ready Wyoming substationOrchard Valley 115kV / 13.8kV substation completed as part of Black Hills Energy’s Ready Wyoming electric transmission expansion projectReady Wyoming 115kV Line ConstructionConstruction on 115kV lines near Cheyenne, Wyoming as part of Black Hills Energy’s Ready Wyoming electric transmission projectReady Wyoming Project MapBlack Hills Energy’s Ready Wyoming project will interconnect its Wyoming Electric and South Dakota Electric systems and expand capacity and energy market accessEnergizing the initial segment of the project marks a significant milestone in connecting the company’s Wyoming and South Dakota electric systems. The strategic project is expected to stabilize long-term transmission costs for customers, expand market access to energy, and support long-term growth...

FST Corp., Femco Steel Technology Co., Ltd. and Chenghe Acquisition I Co. Announce Closing of Business Combination

Written by Customer Service on January 15, 2025. Posted in Mergers And Acquisitions.

Taipei, Jan. 15, 2025 (GLOBE NEWSWIRE) — Femco Steel Technology Co., Ltd. (“FST” or the “Company”), an innovative golf shaft manufacturer, and Chenghe Acquisition I Co. (“Chenghe”), a special purpose acquisition company, today announced the completion of their previously announced business combination (the “Business Combination”). Ordinary shares of the newly formed holding company, FST Corp. (“PubCo”), are expected to commence trading on the Nasdaq Global Market under the ticker symbol “KBSX” on January 16, 2025. The Business Combination was approved at an extraordinary general meeting of Chenghe’s shareholders on December 23, 2024. Upon the closing of the Business Combination, trading of Chenghe’s ordinary shares and units ceased. Mr. David Chuang, Chief Executive Officer and Chairman of the Board of FST commented, “We are thrilled...

HOMB Run in ‘24. Company Completes Texas Loan Cleanup and Cleans the Asset Bases for ‘25, While Hitting New Records of $1 Billion in Revenue and $400 Million in Earnings

Written by Customer Service on January 15, 2025. Posted in Earnings Releases And Operating Results.

CONWAY, Ark., Jan. 15, 2025 (GLOBE NEWSWIRE) — Home BancShares, Inc. (NYSE: HOMB) (“Home” or the “Company”), parent company of Centennial Bank, released quarterly earnings today. Quarterly HighlightsMetric Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023Net income $100.6 million $100.0 million $101.5 million $100.1 million $86.2 millionNet income, as adjusted (non-GAAP)(1) $99.8 million $99.0 million $103.9 million $99.2 million $92.2 millionTotal revenue (net) $258.4 million $258.0 million $254.6 million $246.4 million $245.6 millionIncome before income taxes $129.5 million $129.1 million $133.4 million $130.4 million $112.8 millionPre-tax, pre-provision, net income (PPNR) (non-GAAP)(1) $146.2 million $148.0 million $141.4 million $134.9 million $118.4 millionPPNR, as adjusted (non-GAAP)(1) $145.2 million $146.6...

Concentrix Reports Fourth Quarter and Fiscal Year 2024 Results

Written by Customer Service on January 15, 2025. Posted in Earnings Releases And Operating Results.

Delivers revenue growth at the high end of previous guidance range for the quarter Returns $220 million to shareholders in fiscal 2024 through share repurchases and dividends Gains market traction with new iX GenAI productivity applications Introduces 2025 guidance indicating revenue growth, margin and free cash flow expansion Increases share repurchase authorization to $600 millionNEWARK, Calif., Jan. 15, 2025 (GLOBE NEWSWIRE) — Concentrix Corporation (NASDAQ: CNXC), a global technology and services leader, today announced financial results for the fiscal fourth quarter and fiscal year ended November 30, 2024. Three Months Ended Fiscal Year Ended November 30, 2024 November 30, 2023 Change November 30, 2024 November 30, 2023 ChangeRevenue ($M) $ 2,448.0 $ 2,230.8 9.7 % $ 9,618.9 $ 7,114.7 35.2 %Operating...

VivoPower’s Caret Digital has Commenced Dogecoin Mining Operations in Wisconsin

Written by Customer Service on January 15, 2025. Posted in Public Companies.

Caret Digital has commenced mining with initial fleet of Antminer L9s Further mining rigs to be ordered and deployed on a staged basis at hosting facilities in Wisconsin and Oregon LONDON, Jan. 15, 2025 (GLOBE NEWSWIRE) — VivoPower International PLC (Nasdaq: VVPR) (“VivoPower” or the “Company”) announced today that its wholly owned subsidiary, Caret LLC (trading as “Caret Digital”), has commenced Dogecoin mining operations with an initial fleet of Antminer L9 rigs at its Wisconsin hosting facility. Execution of this strategy will allow Caret Digital to take advantage of the current profitability of Dogecoin mining to generate revenues and free cashflows for VivoPower as a group. Caret Digital does not intend to hold most of the Dogecoin that is mined but will sell or forward sell them as appropriate. Based...

D. Boral Capital Served as the Sole Underwriter on the IPO of BurTech Acquisition Corp (Nasdaq: BRKH) which Recently Completed an ~$894 Million Business Combination with Blaize, Inc. (“Blaize”)

Written by Customer Service on January 15, 2025. Posted in Mergers And Acquisitions.

WASHINGTON and EL DORADO HILLS, Calif., Jan. 15, 2025 (GLOBE NEWSWIRE) — BurTech Acquisition Corp. (“BurTech”) (NASDAQ: BRKH), a publicly traded special purpose acquisition company, and Blaize, Inc. (“Blaize”), a provider of purpose-built, artificial intelligence (“AI”)-enabled edge computing solutions, today announced the completion of their previously announced business combination (the “Business Combination”). The combined company will operate under the name Blaize Holdings, Inc. and began trading on Nasdaq under the ticker symbols “BZAI” and “BZAIW” on January 14, 2025. The Business Combination, approved at a special meeting of BurTech shareholders on December 23, 2024, begins a new period in Blaize’s growth in bringing artificial intelligence to the edge. The Business Combination marks a major milestone for Blaize as it continues...

Nokia Corporation: Repurchase of own shares on 15.01.2025

Written by Customer Service on January 15, 2025. Posted in Public Companies.

Nokia CorporationStock Exchange Release15 January 2025 at 22:30 EET Nokia Corporation: Repurchase of own shares on 15.01.2025 Espoo, Finland – On 15 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 4.45CEUX – –BATE – –AQEU – –TQEX – –Total 872,093 4.45* 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...

Union Bankshares Announces Earnings for the three months and year ended December 31, 2024 and Declares Quarterly Dividend

Written by Customer Service on January 15, 2025. Posted in Earnings Releases And Operating Results.

MORRISVILLE, Vt., Jan. 15, 2025 (GLOBE NEWSWIRE) — Union Bankshares, Inc. (NASDAQ – UNB) today announced results for the three months and year ended December 31, 2024 and declared a regular quarterly cash dividend. Consolidated net income for the three months ended December 31, 2024 was $3.00 million, or $0.67 per share, compared to $3.05 million, or $0.68 per share, for the same period in 2023, and $8.8 million, or $1.94 per share, for the year ended December 31, 2024, compared to $11.3 million, or $2.50 per share for the same period in 2023. The decrease in earnings for the comparison periods was impacted by the previously announced strategic balance sheet repositioning executed during the third quarter. The Company’s wholly-owned subsidiary, Union Bank, executed the sale of $38.8 million in book value of its lower-yielding...

Re-transmission – First Atlantic Nickel Granted Permits for Phase 2 Drill Program Following RPM Discovery at the Atlantic Nickel Project

Written by Customer Service on January 15, 2025. Posted in Public Companies.

VANCOUVER, British Columbia, Jan. 15, 2025 (GLOBE NEWSWIRE) — First Atlantic Nickel Corp. (TSXV: FAN) (OTCQB: FANCF) (FSE: P21) (“First Atlantic” or the “Company”) is pleased to announce that it has been granted permits for its Phase 2 drilling program and the construction of a southern access trail at its 100% owned Atlantic Nickel Project (the “Project” or “Atlantic Nickel Project”) in Newfoundland. With these permits in place, the Company has initiated preparations for Phase 2 drilling and has commenced construction of the southern access trail. The Phase 2 program aims to expand the strike length and width of the recently discovered RPM Zone, focusing on extending mineralization further east towards the historical Chrome Pond occurrence and north towards the Pipestone and Super...

ArrowMark Financial Corp. Releases Month End Estimated Net Asset Value as of December 2024

Written by Customer Service on January 15, 2025. Posted in Public Companies.

DENVER, Jan. 15, 2025 (GLOBE NEWSWIRE) — ArrowMark Financial Corp., (NASDAQ: BANX) (“ArrowMark Financial”), today announced that BANX’s estimated and unaudited Net Asset Value (“NAV”) as of December 31, 2024, was $21.80. This estimated NAV is not a comprehensive statement of our financial condition or results for the month December 31, 2024. About ArrowMark Financial Corp. ArrowMark Financial Corp. is an SEC registered non-diversified, closed-end fund listed on the NASDAQ Global Select Market under the symbol “BANX.” Its investment objective is to provide shareholders with current income. BANX pursues its objective by investing primarily in regulatory capital securities of financial institutions. BANX is managed by ArrowMark Asset Management, LLC. To learn more, visit ir.arrowmarkfinancialcorp.com, or contact Destra...

Day: January 15, 2025

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