Day: January 24, 2025

What you need to know:Verizon introduces an expanded AI strategy built for hyperscalers, cloud providers and global enterprises. Verizon AI Connect is a strategy and suite of products and solutions designed to manage AI resource-intensive workloads at scale. Google Cloud and Meta are among early adopters of Verizon solutions.NEW YORK, Jan. 24, 2025 (GLOBE NEWSWIRE) — Fueled by the unprecedented demand for network capacity and computational power, Verizon Business today unveiled Verizon AI Connect, an integrated suite of solutions and products designed to enable businesses to deploy artificial intelligence (AI) workloads at scale. While training current advanced AI models requires immense computing resources, the shift towards real-time decision-making – known as inferencing – is poised to drive massive demand...

INDIANAPOLIS, Jan. 24, 2025 (GLOBE NEWSWIRE) — Kite Realty Group (NYSE: KRG) announced today the allocations of the Company’s 2024 dividend distributions on its common stock. The allocations as they will be reported on Form 1099-DIV are as follows:Common Shares                    CUSIP   RecordDate   PayableDate   TotalDistributionper Share   OrdinaryDividend   CapitalGainDistribution   Non-TaxableDistribution 1   Section199ADividends 249803T300   1/5/2024   1/12/2024   $ 0.25   $ 0.24091     $ 0.00909     $ 0.00000   $ 0.2409149803T300   4/5/2024   4/12/2024     0.25     0.24091     $ 0.00909       0.00000     0.2409149803T300   7/9/2024   7/16/2024     0.25     0.24091     $ 0.00909       0.00000     0.2409149803T300   10/9/2024   10/16/2024     0.26     0.25055       0.00945       0.00000     0.25055            $ 1.01   $ 0.97328     $ 0.03672     $ 0.00000   $ 0.97328                    96.36 %     3.64 %                                                   Represents...

NEW YORK, Jan. 24, 2025 (GLOBE NEWSWIRE) — Apollo Commercial Real Estate Finance, Inc. (the “Company” or “ARI”) (NYSE:ARI) today announced the estimated federal income tax treatment of the Company’s 2024 distributions on its common stock (CUSIP #03762U105) and its 7.25% Series B-1 Cumulative Redeemable Perpetual Preferred Stock. The federal income tax classification of the 2024 distributions on the Company’s common stock as it is expected to be reported on Form 1099-DIV is set forth in the following table ($ per share):Record Date Payable Date Total Distribution Per Share Ordinary Dividend Qualified Dividend Non-dividend Distribution Section 199A Dividend(1)12/29/2023 01/12/2024 $0.35000 $0.151978 $0.009218 $0.198022 $0.14276003/28/2024 04/15/2024 $0.35000 $0.151978 $0.009218 $0.198022 $0.14276006/28/2024 07/15/2024 $0.35000 $0.151978 $0.009218 $0.198022 $0.14276009/30/2024 10/15/2024 $0.25000 $0.108555 $0.006584 $0.141445 $0.101971(1)...

AUSTIN, Texas, Jan. 24, 2025 (GLOBE NEWSWIRE) — Astrotech Corporation (NASDAQ: ASTC) (“Astrotech” or the “Company”) announced the resignation of its Chief Financial Officer, Jaime Hinojosa, effective February 14, 2025.   Mr. Hinojosa will continue to serve in the CFO role until February 14, 2025, and after that time will provide transition services to the Company on a consulting basis through June 30, 2025. In connection with this development, the Company and its Board of Directors have appointed Ryan Polk to serve as interim Chief Financial Officer. “I will be moving to Houston to be closer to family and to work for our family business,” said Mr. Hinojosa. “I am grateful to Tom Pickens, our Chief Executive Officer, and our Board of Directors for allowing me to serve as Astrotech’s CFO. Seeing the growth...

Strategic Alliance Aims to Lower Legal Costs & Strengthen Market Position, Ahead of Major Product Launches West Seneca, New York, Jan. 24, 2025 (GLOBE NEWSWIRE) — Worksport Ltd. (NASDAQ: WKSP) (“Worksport” or the “Company”), a U.S. based manufacturer and innovator of hybrid and clean energy solutions for the light truck, overlanding, and global consumer goods sectors, is pleased to announce that it increased its patent portfolio by approximately 25% in the last 12 months. It further announces that it has joined LOT Network, a not-for-profit global consortium of leading companies committed to preserving innovation. Global Patent Growth Worksport is proud to announce a ~25% growth in its global patent portfolio, encompassing both issued patents and pending patent applications. This expansion reflects Worksport’s commitment to...

CINCINNATI, Jan. 24, 2025 (GLOBE NEWSWIRE) — Hillman Solutions Corp. (Nasdaq: HLMN) (“Hillman”), a leading provider of hardware products and merchandising solutions, plans to host a conference call to discuss its results for the thirteen and fifty-two weeks ended December 28, 2024 on Tuesday, February 18 at 8:30 a.m. Eastern Time. Hillman will issue its earnings release and 2025 guidance on the same day prior to the results presentation. Executive Chairman Doug Cahill; President and Chief Executive Officer Jon Michael Adinolfi; and Chief Financial Officer Rocky Kraft will host the results presentation. Results Presentation Details: Date: Tuesday, February 18, 2024Time: 8:30 a.m. Eastern TimeListen-Only Webcast: https://edge.media-server.com/mmc/p/33zifmes Sell-side analysts wishing to participate in the call’s live question and...

ATLANTA, Jan. 24, 2025 (GLOBE NEWSWIRE) — Chart Industries, Inc. (NYSE: GTLS) (“Chart”), a global leader in energy and industrial gas solutions, has scheduled a conference call for Friday, February 28, 2025 at 8:30 a.m. ET to discuss its fourth quarter and full year 2024 financial results. Chart plans to issue its fourth quarter and full year 2024 earnings release prior to market open on February 28th. Participants wishing to join the live Q&A session must dial-in with the following information: PARTICIPANT INFORMATION:Toll Free – North America: (+1) 800 549 8228Toll – North America and other locations: (+1) 289 819 1520Conference ID: 69605 A live webcast and replay, as well as presentation slides, will be available on the Company’s investor relations website through the following link: Q4 2024 Webcast Registration. A telephone...

VANCOUVER, British Columbia, Jan. 24, 2025 (GLOBE NEWSWIRE) — Stallion Uranium Corp. (the “Company” or “Stallion”) (TSX-V: STUD; OTCQB: STLNF; FSE: FE0) announces that the Board of Directors of the Company has recommended consolidation of the Company’s issued and outstanding common shares (the “Common Shares”) on the basis of ten (10) pre-consolidated Common Shares for one (1) new post consolidated Common Share (the “Consolidation”) as the Company believes the proposed Consolidation will position the Company with increased flexibility to seek additional capital given the current market conditions. As of the date of this news release, the Company has 151,628,687 Common Shares issued and outstanding. After completing of the Consolidation, the Company is expected to have approximately 15,162,869 Common...

Fredericton, New Brunswick, Jan. 24, 2025 (GLOBE NEWSWIRE) — NextGen Digital Platforms Inc. (CSE:NXT) (FSE:Z12) (“NextGen” or the “Company”) announces that Web3 and blockchain industry veteran Mr. Mario Nawfal has been appointed as Strategic Advisor to the Company effective immediately.NextGen Digital’s Interim CEO, Alexander Tjiang, commented: “We’re very fortunate to have a proven Web3 and blockchain professional of Mario’s calibre in our corner. His background in the digital assets space and his track record of building and incubating innovative companies warrants a warm welcome from everyone at NextGen. The level of in-the-trenches experience he brings to the table is of particular value to our plans to advancing our long-term strategy.”Mr. Nawfal, founder of the IBC Group and a respected voice in the Web3 space, has been...

Lassila & Tikanoja plc Investor News 24 January 2025 3.00 pm Lassila & Tikanoja plc will publish Financial Statements release for 2024 on 13 February 2025 Lassila & Tikanoja plc will publish Financial Statements release for 2024 on Thursday 13 February 2025 at 8.00 am. After publication, the release will be available on the company’s website at www.lt.fi/en. Lassila & Tikanoja will host a conference call and webcast for analysts, institutional investors and media on 13 February 2025 at 10.30 am Finnish time. The presentation material will be published on the company’s website. The English language briefing will be hosted by CEO Eero Hautaniemi and CFO Joni Sorsanen. Conference call You can access the teleconference by registering on the link below. After the registration you will be provided phone numbers...