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Day: January 30, 2025

ECD Auto Design Celebrates Milestone with 600th One-of-One SUV: A Masterpiece of Craftsmanship

KISSIMMEE, Fla., Jan. 30, 2025 (GLOBE NEWSWIRE) — ECD Auto Design, the renowned leader in bespoke luxury vehicles, proudly announces the completion of its 600th SUV, a monumental achievement in its 12-year journey of redefining automotive customization. Since 2013, ECD Auto Design has earned its reputation by handcrafting each vehicle as a one-of-one masterpiece, uniquely tailored to reflect the style, vision, and personality of its owner. With a portfolio that now spans across several iconic vehicle lines, SUV’s were at the start and core of ECD’s legacy. Our 600th SUV build is a Land Rover Defender, a milestone that holds special significance as it reflects the very foundation of our business and the vehicle that started it all and stands as a testament to the company’s unwavering dedication to craftsmanship and personalization. A...

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First Merchants Corporation Announces Fourth Quarter 2024 Earnings Per Share

MUNCIE, Ind., Jan. 30, 2025 (GLOBE NEWSWIRE) — First Merchants Corporation (NASDAQ – FRME) Fourth Quarter 2024 Highlights:Net income available to common stockholders was $63.9 million and diluted earnings per common share totaled $1.10, compared to $48.7 million and $0.84 in the third quarter of 2024, and $42.0 million and $0.71 in the fourth quarter of 2023. Excluding the impact of the branch sale and repositioning of the available for sale securities portfolio, adjusted net income available to common stockholders1 was $58.1 million or $1.00 per share for the fourth quarter of 2024. Strong capital position with Common Equity Tier 1 Capital Ratio of 11.43% and Tangible Common Equity to Tangible Assets Ratio of 8.81%. Net interest margin was 3.28% compared to 3.23% on a linked quarter basis and 3.16% in the fourth quarter...

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LED Lighting, EV Charging and Maintenance Solutions Provider Orion Energy Systems Hosts Q3 Conference Call Tuesday, Feb. 11th at 10am ET

MANITOWOC, Wis., Jan. 30, 2025 (GLOBE NEWSWIRE) — Orion Energy Systems, Inc. (NASDAQ: OESX) (Orion Lighting), a provider of energy-efficient LED lighting and controls, electrical vehicle (EV) charging station solutions, and maintenance services, will host a conference call and webcast to review its fiscal 2025 third quarter (Q3’25) results on Tuesday, February 11, 2025 at 10:00 a.m. ET. Orion will release results prior to the market’s opening that day.Webcast and Call DetailsDate / Time: Tuesday, February 11th at 10:00 a.m. ETLive Call Registration: https://register.vevent.com/register/BI77a79d3726514e479d7ec7f73eaddfdeLive call participants must pre-register using the URL above to receive the dial-in  information. Simply re-register if you lose the dial-in or PIN #.Webcast & Replay: https://edge.media-server.com/mmc/p/vfktbtrd   About...

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Parker Reports Fiscal 2025 Second Quarter Results

Record segment operating margin, EPS and YTD cash flow from operations CLEVELAND, Jan. 30, 2025 (GLOBE NEWSWIRE) — Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today reported results for the quarter ended December 31, 2024, that included the following highlights (compared with the prior year quarter): Fiscal 2025 Second Quarter Highlights:Sales were $4.7 billion; organic sales growth was 1% Net income was $949 million, an increase of 39%, or $853 million adjusted, an increase of 6% EPS were $7.25, an increase of 39%, or $6.53 adjusted, an increase of 6% Segment operating margin was 22.1%, an increase of 100 bps, or 25.6% adjusted, an increase of 110 bps YTD cash flow from operations increased 24% to $1.7 billion, or 17.4% of sales“Our performance this quarter reflects our focus...

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Carpenter Technology Reports Second Quarter Fiscal Year 2025 Results

Delivered Record Second Quarter Operating IncomeExpanded Operating Margins in Specialty Alloys Operations SegmentGenerated Positive Adjusted Free Cash FlowRepurchased Shares Against Authorized Share Repurchase ProgramIncreased FY25 OutlookInvestor Event Scheduled PHILADELPHIA, Jan. 30, 2025 (GLOBE NEWSWIRE) — Carpenter Technology Corporation (NYSE: CRS) (the “Company”) today announced financial results for the fiscal second quarter ended December 31, 2024. For the quarter, the Company reported operating income of $118.9 million, and earnings per diluted share of $1.66. Second Quarter Fiscal Year 2025 HighlightsDelivered $118.9 million of operating income, up 70 percent year-over-year and a record second quarter result Realized earnings per diluted share of $1.66 Delivered adjusted operating margin of 28.3 percent in the Specialty...

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Reviva to Participate in the 2025 BIO CEO & Investor Conference

CUPERTINO, Calif., Jan. 30, 2025 (GLOBE NEWSWIRE) — Reviva Pharmaceuticals Holdings, Inc. (NASDAQ: RVPH) (“Reviva” or the “Company”), a late-stage pharmaceutical company developing therapies that seek to address unmet medical needs in the areas of central nervous system (CNS), inflammatory and cardiometabolic diseases, today announced that Laxminarayan Bhat, Ph.D., Founder, President, and CEO of Reviva will participate in a panel discussion at the 2025 BIO CEO & Investor Conference, taking place February 10-11, 2025, in New York, NY. 2025 BIO CEO & Investor ConferencePanel Title: Tackling Mental Health through New Targets and Endpoints ProgressDate: Tuesday, February 11, 2025 Time: 1:00 p.m. ETLocation: New York, NY To register for the conference and schedule a one-on-one meeting with Reviva management, please use the...

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Evaxion announces pricing of $10.8 million public offering

COPENHAGEN, Denmark, January 30, 2025 – Evaxion Biotech A/S (NASDAQ: EVAX) (“Evaxion”), a clinical-stage TechBio company specializing in developing AI-Immunology™ powered vaccines, today announced the pricing of a public offering of an aggregate of 3,997,361 of its American Depositary Shares (“ADSs”) and warrants to purchase up to 50% of the ADSs offered at a combined public offering price of $2.71 per ADS with one accompanying warrant for each two ADSs. MSD Global Health Innovation Fund, a corporate venture capital arm of Merck & Co., Inc., Rahway, NJ, USA, who became an Evaxion shareholder in December 2023, is also participating in this offering along with healthcare-focused investment funds. There is also participation from Evaxion’s Board of Directors and Management. The warrants will have an exercise price of $2.71...

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The RoyaLand Company Ltd. Introduces a New Mobile Companion App for TheRoyal.Land

Hamilton, Bermuda and Paris, France, Jan. 30, 2025 (GLOBE NEWSWIRE) — The RoyaLand Company Ltd. (OTCQB: RLNDF) (“RoyaLand” or the “Company”), a Bermuda holding company focused on creating an online and offline immersive, fantasy-based royalty-themed game called TheRoyal.Land, today announced the introduction of a mobile companion application for TheRoyal.Land. RoyaLand’s companion app is designed to bridge the gap between digital entertainment and cultural education, inviting players to step into real locations that inspired the TheRoyal.Land’s rich narrative. By visiting historical palaces, castles, and monuments, players will not only deepen their understanding of royal heritage but also enhance their in-game experience through rewards and exclusive bonuses. The Company is committed to making history engaging with this...

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Alpha Modus CEO Addresses Market Volatility and its Recent SPAC Merger

CORNELIUS, N.C., Jan. 30, 2025 (GLOBE NEWSWIRE) — Alpha Modus Holdings, Inc. (Nasdaq: AMOD) (“Alpha Modus”, “AMOD”, or the “Company”), in a statement today, through Alpha Modus CEO William Alessi, emphasized the company’s strong fundamentals, ongoing growth strategy, and commitment to delivering value to shareholders amidst what he described as “uninformed speculation” by certain market participants. “The recent sell side activity targeting AMOD stock appears to be driven by misconceptions and a lack of understanding about our business and long-term strategy coupled with the ‘de-SPAC norm,’” said Alessi. “This trend is emblematic of broader market dynamics in the SPAC environment, where some investors prioritize short-term speculation over informed, long-term investment. In recent years, it’s been...

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Northfield Capital Announces Updates From Cornerstone Investment Juno Corp. and Forward Share Split

TORONTO, Jan. 30, 2025 (GLOBE NEWSWIRE) — Northfield Capital Corporation (TSX-V: NFD.A) (“Northfield” or the “Corporation”) is pleased to announce that Juno Corp., one of Northfield’s cornerstone investments and a leading explorer in the strategically important Ring of Fire region of northern Ontario, has announced successful results from its 2024 drilling campaign. This news underscores the potential of Northfield’s investment in Juno Corp., a private Ontario exploration company and the largest mineral claimholder in the Ring of Fire, a region which is expected to play a strategic role for Ontario and Canada in the coming electrification of the world. Northfield currently holds a 17% ownership interest in Juno Corp., valued at C$31.5 million. This strategic investment positions Northfield to benefit from the potential growth of...

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