Month: January 2025

Mullen Reports Improved 2024 Financial Results

Written by Customer Service on January 24, 2025. Posted in Earnings Releases And Operating Results.

Company finishes the 2024 fiscal year with growth of national dealer network, increased sales and delivery of vehicles Fiscal year 2024 reduction of $85.4M in cash spend compared to fiscal year 2023 Successful launch of Bollinger Motors B4 production and sales Company now has three EV production lines in the U.S. with national sales and service networks supporting Mullen Class 1 and 3 and Bollinger Class 4 commercial vehicles Company announces further increase in operational efficiencies driving $13M annual reduction in cash spend effective Feb. 1, 2025 BREA, Calif., Jan. 24, 2025 (GLOBE NEWSWIRE) — via IBN — Mullen Automotive Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an electric vehicle (“EV”) manufacturer, today announces financial results for the twelve months ended Sept. 30, 2024, and a current business update. Commenting...

Northrim BanCorp Earns $10.9 Million, or $1.95 Per Diluted Share, in Fourth Quarter 2024, and $37.0 Million, or $6.62 Per Diluted Share, for the Year Ended December 31, 2024

Written by Customer Service on January 24, 2025. Posted in Earnings Releases And Operating Results.

ANCHORAGE, Alaska, Jan. 24, 2025 (GLOBE NEWSWIRE) — Northrim BanCorp, Inc. (NASDAQ:NRIM) (“Northrim” or the “Company”) today reported net income of $10.9 million, or $1.95 per diluted share, in the fourth quarter of 2024, compared to $8.8 million, or $1.57 per diluted share, in the third quarter of 2024, and $6.6 million, or $1.19 per diluted share, in the fourth quarter a year ago. The increase in the fourth quarter of 2024 compared to the third quarter of 2024 is primarily due to an increase in purchased receivable income due to the Company’s acquisition of Sallyport Commercial Finance, LLC (“Sallyport”), which was completed on October 31, 2024. Sallyport and its direct and indirect subsidiaries provide services and products related to factoring and asset-based lending in the United States, Canada, and the United Kingdom. Additionally,...

Black Hills Corp. Announces Increase in Quarterly Dividend

Written by Customer Service on January 24, 2025. Posted in Dividend Reports And Estimates.

RAPID CITY, S.D., Jan. 24, 2025 (GLOBE NEWSWIRE) — Black Hills Corp. (NYSE: BKH) today announced that its board of directors approved a quarterly dividend of $0.676 per share, an increase of $0.026 per share over last quarter’s dividend. Common shareholders of record at the close of business on Feb. 18, 2025, will receive $0.676 per share, payable March 1, 2025. “This dividend increase reflects the confidence we have in our team, strategy and long-term growth,” said Linn Evans, president and CEO of Black Hills Corp. The new annualized rate represents 55 consecutive years of annual dividend increases and is the second longest track record in the electric and natural gas utility industry. This dividend announcement marks 83 consecutive years that Black Hills has paid annual dividends, starting in February 1942 when its predecessor...

Gouverneur Bancorp, Inc. Announces Fiscal 2025 First Quarter Results

Written by Customer Service on January 24, 2025. Posted in Earnings Releases And Operating Results.

GOUVERNEUR, N.Y., Jan. 24, 2025 (GLOBE NEWSWIRE) — Gouverneur Bancorp, Inc. (OTCQB: GOVB) (the “Company”), the holding company for Gouverneur Savings and Loan Association (the “Bank”), today announced the Company’s results for the first quarter of fiscal year 2025 ended December 31, 2024. The Company reported net income of $160,000, or $0.15 per basic and diluted share, for the quarter ended December 31, 2024, compared to net income of $118,000, or $0.11 per basic and diluted share, for the quarter ended December 31, 2023. Summary of Financial Results Our results of operations depend primarily on our net interest income. Net interest income is the difference between the interest income we earn on our interest-earning assets, consisting primarily of loans and securities, and the interest we pay on our interest-bearing liabilities,...

Ninepoint Partners Announces January 2025 Cash Distributions for ETF Series Securities

Written by Customer Service on January 24, 2025. Posted in Dividend Reports And Estimates.

TORONTO, Jan. 24, 2025 (GLOBE NEWSWIRE) — Ninepoint Partners LP (“Ninepoint Partners”) today announced the January 2025 cash distributions for its ETF Series securities. The record date for the distributions is January 31, 2025. All distributions are payable on February 7, 2025. The per-unit January distributions are detailed below:Ninepoint ETF Series Ticker Distribution per unit Notional Distribution per unit CUSIPNinepoint Diversified Bond Fund NBND $0.05092 $0.00000 65443H100Ninepoint Alternative Credit Opportunities Fund NACO $0.07497 $0.00000 65443Q100Ninepoint Energy Income Fund NRGI $0.10815 $0.00000 65444A104Ninepoint Target Income Fund TIF $0.08306 $0.00000 65446C108 About Ninepoint Partners Based in Toronto, Ninepoint Partners LP is one of Canada’s leading alternative investment management...

Nokia Corporation: Repurchase of own shares on 24.01.2025

Written by Customer Service on January 24, 2025. Posted in Public Companies.

Nokia CorporationStock Exchange Release24 January 2025 at 22:30 EET Nokia Corporation: Repurchase of own shares on 24.01.2025 Espoo, Finland – On 24 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 4.40CEUX – –BATE – –AQEU – –TQEX – –Total 872,093 4.40* 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...

Aliter Technologies acquires controlling interest of 3CIS in Canada

Written by Customer Service on January 24, 2025. Posted in Mergers And Acquisitions.

EDMONTON, Alberta, Jan. 24, 2025 (GLOBE NEWSWIRE) — Aliter Holding, a.s., the parent company of the Slovak and Canadian company Aliter Technologies, has made a significant investment in the Canadian company 3C Information Solutions Incorporated (3CIS) including its US subsidiary 3C Information Solutions Inc. 3CIS is an expert in communication solutions and has been ranked by Canada’s most widely read newspaper Globe and Mail as one of Canada’s fastest growing companies. The Government of Canada officially congratulated 3CIS on this achievement. “This is how Aliter Technologies strengthens its position in Canada and the USA and expands its portfolio of products and services,” said Peter Dostál, CEO of Aliter Holding, a.s. and founder of Aliter Technologies. “3CIS is excited about this next chapter...

Amaroq Announces Market-Making Arrangements with Arion bank

Written by Customer Service on January 24, 2025. Posted in Public Companies.

Reykjavík, Jan. 24, 2025 (GLOBE NEWSWIRE) — (“Amaroq” or the “Company“) Amaroq Announces Market-Making Arrangements with Arion bank TORONTO, ONTARIO – 24 January 2025 – Amaroq Minerals Ltd. (AIM, TSX-V, NASDAQ Iceland: AMRQ), an independent mining company with a substantial land package of gold and strategic mineral assets in Southern Greenland, announces that it has engaged Arion bank hf. (“Arion Bank“) to provide certain market-making services in respect of Amaroq’s Icelandic depositary receipts (the “Depositary Receipts“) listed on the Main Market operated by Nasdaq Iceland hf. In accordance with the requirements of Policy 3.4 – Investor Relations, Promotional and Market-Making Activities of the TSX Venture Exchange and Nordic Main Market Rulebook for Issuers of Shares as...

Singularity Announces Pricing of $1.1 Million Registered Direct Offering

Written by Customer Service on January 24, 2025. Posted in Public Companies.

New York, N.Y., Jan. 24, 2025 (GLOBE NEWSWIRE) — Singularity Future Technology Ltd. (Nasdaq: SGLY) (“Singularity” or the “Company”), today announced that it has entered into securities purchase agreements with several institutional investors to purchase an aggregate of 700,000 shares of the Company’s common stock (the “Common Stock”) in a registered direct offering. The shares of Common Stock are being sold at an offering price of $1.63 per share. The gross proceeds to the Company from the registered direct offering are estimated to be approximately $1.1 million before deducting the placement agent’s fees and other estimated offering expenses payable by the Company. The offering is expected to close on or about January 27, 2025, subject to the satisfaction of customary closing conditions. Maxim Group LLC is acting as the sole...

Amaroq Announces Market-Making Arrangements with Arion bank

Written by Customer Service on January 24, 2025. Posted in Public Companies.

Reykjavík, Jan. 24, 2025 (GLOBE NEWSWIRE) — (“Amaroq” or the “Company“) Amaroq Announces Market-Making Arrangements with Arion bank TORONTO, ONTARIO – 24 January 2025 – Amaroq Minerals Ltd. (AIM, TSX-V, NASDAQ Iceland: AMRQ), an independent mining company with a substantial land package of gold and strategic mineral assets in Southern Greenland, announces that it has engaged Arion bank hf. (“Arion Bank“) to provide certain market-making services in respect of Amaroq’s Icelandic depositary receipts (the “Depositary Receipts“) listed on the Main Market operated by Nasdaq Iceland hf. In accordance with the requirements of Nordic Main Market Rulebook for Issuers of Shares as published by Nasdaq Iceland and effective 1 January 2024, Amaroq hereby provides the following information. The...

Month: January 2025

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals