Day: January 29, 2025

Southside Bancshares, Inc. Announces Financial Results for the Fourth Quarter and Year Ended December 31, 2024

Written by Customer Service on January 29, 2025. Posted in Earnings Releases And Operating Results.

Fourth quarter net income of $21.8 million; Fourth quarter earnings per diluted common share of $0.71; Annualized return on fourth quarter average assets of 1.03%; Annualized return on fourth quarter average tangible common equity of 14.12%(1); and Nonperforming assets decreased to 0.04% of total assets.TYLER, Texas, Jan. 29, 2025 (GLOBE NEWSWIRE) — Southside Bancshares, Inc. (“Southside” or the “Company”) (NYSE: SBSI) today reported its financial results for the quarter and year ended December 31, 2024. Southside reported net income of $21.8 million for the three months ended December 31, 2024, an increase of $4.5 million, or 25.8%, compared to $17.3 million for the same period in 2023. Earnings per diluted common share increased $0.14, or 24.6%, to $0.71 for the three months ended December 31, 2024, from $0.57 for the same...

Kaspi.kz Completes Acquisition of Controlling Interest in Hepsiburada

Written by Customer Service on January 29, 2025. Posted in Mergers And Acquisitions.

ALMATY, Kazakhstan, Jan. 29, 2025 (GLOBE NEWSWIRE) — Joint Stock Company Kaspi.kz (“Kaspi.kz”) (NASDAQ: KSPI) has announced that it has completed its acquisition (the “Transaction”) of 40,000,000 Class A and 173,246,220 Class B shares (collectively, the “Shares”) of D-Market Electronic Services & Trading (“Hepsiburada”) (NASDAQ: HEPS) pursuant to the Stock Purchase Agreement (the “Agreement”) entered into on 17 October 2024 among Kaspi.kz and a group of sellers including Hanzade Doğan, the founder and controlling shareholder of Hepsiburada, Vuslat Doğan Sabancı, Begüm Doğan Faralyalı, Arzuhan Doğan Yalçındağ and Işıl Doğan (the “Sellers”). Mikheil Lomtadze, CEO and co-founder of Kaspi.kz, commented: “We are excited to be joining forces with Hepsiburada, one of the leading ecommerce companies in Türkiye. Expanding our addressable...

Meriaura Group Oyj, Inside information: Meriaura Group Plc and Summa Defence Oy to merge into a new group of companies in the defence sector

Written by Customer Service on January 29, 2025. Posted in Public Companies.

Meriaura Group PlcCompany Announcement, Inside information 29 January 2025 at 10.00 a.m. (CET) Inside information: Meriaura Group Plc and Summa Defence Oy to merge into a new group of companies in the defence sector On 29 January 2025, Meriaura Group Plc (“Meriaura Group”) signed a conditional share exchange agreement to acquire the entire share capital of Summa Defence Oy (“Summa Defence”), which brings together defence and security companies. The transaction will create a strong group of companies focusing on safety and security of supply in Finland, in which dual-use technology will play a significant role. In connection with the arrangement, the Marine Logistics business (Meriaura Oy and its wholly owned subsidiary VG-EcoFuel Oy) will be sold to Meriaura Invest Oy. The name of the new listed company will be Summa...

Municipality Finance issues a GBP 75 million tap under its MTN programme

Written by Customer Service on January 29, 2025. Posted in Public Companies.

Municipality Finance PlcStock exchange release 29 January 2025 at 10:00 am (EET) Municipality Finance issues a GBP 75 million tap under its MTN programme On 30 January 2025 Municipality Finance Plc issues a new tranche in an amount of GBP 75 million to an existing benchmark issued on 7 March 2024. With the new tranche, the aggregate nominal amount of the benchmark is GBP 500 million. The maturity date of the benchmark is 2 October 2028. The benchmark bears interest at a fixed rate of 4.375 % per annum. The new tranche is issued under MuniFin’s EUR 50 billion programme for the issuance of debt instruments. The offering circular, the supplemental offering circular and final terms of the notes are available in English on the company’s website at https://www.kuntarahoitus.fi/en/for-investors. MuniFin has applied for the new tranche...

Municipality Finance issues a NOK 1 billion tap under its MTN programme

Written by Customer Service on January 29, 2025. Posted in Public Companies.

Municipality Finance PlcStock exchange release 29 January 2025 at 10:00 am (EET) Municipality Finance issues a NOK 1 billion tap under its MTN programme On 30 January 2025 Municipality Finance Plc issues a new tranche in an amount of NOK 1 billion to an existing series of notes issued on 15 January 2025. With the new tranche, the aggregate nominal amount of the notes is NOK 4 billion. The maturity date of the notes is 15 January 2030. The notes bear interest at a floating rate equal to 3-month Nibor plus 25 bps per annum. The new tranche is issued under MuniFin’s EUR 50 billion programme for the issuance of debt instruments. The offering circular, the supplemental offering circular and final terms of the notes are available in English on the company’s website at https://www.kuntarahoitus.fi/en/for-investors. MuniFin has applied...

Offentliggørelse af prospekt samt formue og investorer for afdelingen I&T Obligationer KL i Investeringsforeningen Wealth Invest

Written by Customer Service on January 29, 2025. Posted in Public Companies.

Hermed offentliggøres prospekt samt formue og antal investorer for afdelingen I&T Obligationer KL, som optages til handel på Nasdaq Copenhagen A/S med første handelsdag 31. januar 2025.Afdeling Formue DKK Antal navnenoterede investorerI&T Obligationer 17.765.000 169Hvis der måtte være spørgsmål i relation til ovenstående, kan der rettes henvendelse til direktør i Wealth Fund Partners A/S, Lise Bøgelund Jensen på telefon 3328 2828. Med venlig hilsen Investeringsforeningen Wealth InvestAttachment2025 01 31 WI I&T_børsprospekt_final

Borregaard ASA: EBITDA1 of NOK 398 million in the 4th quarter

Written by Customer Service on January 29, 2025. Posted in Earnings Releases And Operating Results.

Borregaard’s operating revenues were NOK 1,744 million (NOK 1,605 million)2 in the 4th quarter of 2024. EBITDA1 reached NOK 398 million (NOK 327 million). The result in BioSolutions increased compared with the 4th quarter of 2023. BioMaterials remained at the same level, while there was a decrease in Fine Chemicals. Increased sales were the main reason for the strong result in BioSolutions. For BioMaterials, higher sales volume and an improved product mix of speciality cellulose were offset by increased wood costs. Lower deliveries were the main reason for the weaker result in Fine Chemicals. The net currency effects were positive. Other income and expenses1 were NOK -30 million in the 4th quarter of 2024. This accrual was for remediation of contaminated soil at the Sarpsborg site. Profit before tax was NOK 170 million (NOK 135 million)....

ASML reports €28.3 billion total net sales and €7.6 billion net income in 2024

Written by Customer Service on January 29, 2025. Posted in Earnings Releases And Operating Results.

ASML reports €28.3 billion total net sales and €7.6 billion net income in 2024 2025 total net sales expected to be between €30 billion and €35 billion VELDHOVEN, the Netherlands, January 29, 2025 – Today, ASML Holding NV (ASML) has published its 2024 fourth-quarter and full-year results. Q4 total net sales of €9.3 billion, gross margin of 51.7%, net income of €2.7 billion Quarterly net bookings in Q4 of €7.1 billion2 of which €3.0 billion is EUV 2024 total net sales of €28.3 billion, gross margin of 51.3%, net income of €7.6 billion ASML expects Q1 2025 total net sales between €7.5 billion and €8.0 billion, and a gross margin between 52% and 53% ASML expects 2025 total net sales to be between €30 billion and €35 billion, with a gross margin between 51% and 53%(Figures in millions of euros unless otherwise indicated) Q3 2024...

ONWARD Medical’s ARC-EX System Now Available on US Veterans Affairs Online Procurement Platforms

Written by Customer Service on January 29, 2025. Posted in Public Companies.

ONWARD ARC-EX System for spinal cord injury is now available for purchase through VA Federal Supply Schedule and GSA Advantage platforms Partnership with Lovell Government Services is providing commercial benefit, facilitating purchase through validated US government online purchasing platforms EINDHOVEN, the Netherlands, Jan. 29, 2025 (GLOBE NEWSWIRE) — ONWARD Medical N.V. (Euronext: ONWD), the medical technology company creating innovative spinal cord stimulation therapies to restore movement, function, and independence in people with spinal cord injury (SCI) and other movement disabilities today announces it has secured the required approvals to enable Veterans Affairs (VA) and other government agencies to immediately purchase the ARC-EX System through federal procurement systems. This milestone is the first major benefit resulting...

Webuy Global Ltd. Receives Nasdaq Notification Regarding Non-Compliance with Minimum Bid Price Rule

Written by Customer Service on January 29, 2025. Posted in Public Companies.

Singapore, Jan. 28, 2025 (GLOBE NEWSWIRE) — Webuy Global Ltd. (Nasdaq: WBUY) (the “Company”), today announced that it received a letter on January 22, 2025, from the Listing Qualifications Department of the Nasdaq Stock Market LLC (“Nasdaq”) indicating that the Company has not regained compliance with Nasdaq Listing Rule 5550(a)(2) (the “Minimum Bid Price Rule”), which requires listed securities to maintain a minimum bid price of $1.00 per share. As a result, the Nasdaq staff has issued a Staff Delisting Determination, and the trading of the Company’s Class A ordinary shares will be suspended at the opening of business on January 29, 2025. The Minimum Bid Price Rule requires listed securities to achieve a closing bid price of at least $1.00 per share for a minimum of 10 consecutive business days within the compliance period. Despite...

Day: January 29, 2025

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals