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Month: January 2025

Concentrix Reports Fourth Quarter and Fiscal Year 2024 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...

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

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...

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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”)

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...

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Nokia Corporation: Repurchase of own shares on 15.01.2025

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...

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

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...

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

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...

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

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...

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HP Announces 2025 Digital Equity Accelerator to Drive Global Digital Inclusion

Accelerator will support nonprofits in Greece, Indonesia, Nigeria, and Spain to bridge the digital divide News HighlightsApplications are now open for The Digital Equity Accelerator. Qualified organizations in Greece, Indonesia, Nigeria, and Spain are invited to apply until February 12, 2025. The Digital Equity Accelerator, a joint initiative between HP Inc. and the HP Foundation, helps nonprofit organizations scale innovative approaches to meet digital inclusion needs among youth and adults who are historically disconnected. In its first three years, the Accelerator helped 27 participating organizations expand their reach by more than 9 million.PALO ALTO, Calif., Jan. 15, 2025 (GLOBE NEWSWIRE) —  To bridge the global digital divide and build the future of work, HP Inc. (NYSE: HPQ) and the HP Foundation are launching the 2025...

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New Toll Brothers Model Homes Open in Parkside Village Community in Aldie, Virginia

Exclusive community offers single-family homes with access to a robust selection of amenities in sought-after Loudoun County ALDIE, Va., Jan. 15, 2025 (GLOBE NEWSWIRE) — Toll Brothers, Inc. (NYSE: TOL), the nation’s leading builder of luxury homes, announced the grand opening of its model homes at Parkside Village, offering single-family homes on expansive home sites in an exclusive, intimate setting in Aldie, Virginia. The Wistman and Konni model homes, located at 41545 Dogwood Park Circle in Aldie, feature innovative architecture and the perfect blend of luxury and modern design. “The newly opened model homes showcase the exceptional luxury designs that Toll Brothers offers at Parkside Village and serve as an inspiration for the finish selections that our home buyers will experience firsthand at Toll Brothers Design Studio and...

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JBTC Announces 4th Quarter 2024 Earnings

JONESTOWN, Pa., Jan. 15, 2025 (GLOBE NEWSWIRE) — JBT Bancorp, Inc. (OTCQX: JBTC) reported quarterly earnings of $1,775,000 with earnings per share of $0.73. Earnings were down 14.38% compared to the final quarter of 2023 as there was a corresponding $482,000 increase in credit loss expense. Full-year unaudited earnings were $7,555,000 with earnings per share of $3.10. Earnings fell 3.05% from $7,793,000 and earnings per share were down from $3.20 in the prior year.    President & CEO, Troy A. Peters, commented, “We are proud of our growth this past year, particular in attracting core deposits and surpassing the $950 million asset mark. Growth, in the short-term, requires provisioning expense which increased by 44.81% over the prior year. Our margin performance was also strong against the rate cuts in the fourth quarter.” More...

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