Month: January 2025
ONTARIO, Calif., Jan. 21, 2025 (GLOBE NEWSWIRE) — Citizens Business Bank (the “Bank”), a subsidiary of CVB Financial Corp. (NASDAQ: CVBF), announced today that the Bank has committed $200,000 to local community organizations directed specifically to wildfire relief.
The Bank’s $200,000 donation will be distributed to four organizations in Los Angeles County, with each receiving $50,000. The recipient organizations include Foothill Unity Center, Union Station Homeless Services, Pasadena Community Foundation’s Eaton Fire Relief & Recovery Fund and the Los Angeles Regional Food Bank.
“The wildfires continue to have a devastating impact on Southern California, and many of our customers and associates have been directly affected,” said David Brager, President and Chief Executive Officer of Citizens Business Bank, which operates...
Fluence Expands Presence in Asia-Pacific Region, Opens Local Office in Japan
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TOKYO, Jan. 22, 2025 (GLOBE NEWSWIRE) — Fluence Energy, Inc. (“Fluence”) (NASDAQ: FLNC), a global market leader delivering intelligent energy storage, operational services, and asset optimization software, has expanded its presence in the Asia-Pacific region, opening a local office in Japan to further engage in the country’s growing energy storage market.
Japan is targeting a 46% reduction in greenhouse gas emissions by 2030, with a goal of 40-50% power supply from renewable energy by 2040, roughly doubling the 22.9% share in the 2023 fiscal year, and achieving net-zero emissions by 2050. Energy storage is expected to play a critical role in stabilizing the grid and integrating more renewable energy sources into the power mix.
“We are thrilled to expand our footprint in Japan, a key market for renewable energy...
ArriVent BioPharma Enters Exclusive License with Lepu Biopharma for MRG007, an Antibody Drug Conjugate for the treatment of Gastrointestinal Cancers
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Exclusive global license outside of Greater China for MRG007, a novel antibody drug conjugate (ADC) in development for gastrointestinal (GI) cancers
First Investigational New Drug (IND) submission planned for 1H 2025
Expands ArriVent’s growing pipeline of next-generation ADCsNEWTOWN SQUARE, Pa. and SHANGHAI, Jan. 21, 2025 (GLOBE NEWSWIRE) — ArriVent BioPharma, Inc. (Company or ArriVent) (Nasdaq: AVBP) a clinical-stage company dedicated to accelerating the global development of innovative biopharmaceutical therapeutics, today announced that it has entered into an exclusive license agreement with Lepu Biopharma Co., Ltd (Stock Code: 02157.HK) for MRG007, an antibody-drug conjugate (ADC) that can target several gastrointestinal (GI) cancers. Under the terms of the agreement, ArriVent obtains the exclusive rights to develop and...
Woodward Schedules Fiscal 2025 First Quarter Earnings Release and Conference Call
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FORT COLLINS, Colo., Jan. 21, 2025 (GLOBE NEWSWIRE) — Woodward, Inc. (NASDAQ: WWD) announced today that it expects to report its fiscal 2025 first quarter financial results at approximately 4:00 p.m. ET on Monday, February 3, 2025. A news release will be issued at that time and a conference call will be held at 5:00 p.m. ET.
During the conference call, the company will provide an overview of its business and financial performance. You are invited to listen to the call live via the company’s website, www.woodward.com, on February 3, 2025. The call and presentation will be available on the website by selecting “Investors/Events and Presentations” from the menu and will remain accessible on the company’s website for one year.
You may also listen to the live call by dialing 1 (800) 715-9871 (U.S. domestic) or 1 (646) 307-1963 (international)....
Bomboré Production Expansion Ahead of Schedule and on Budget
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VANCOUVER, British Columbia, Jan. 21, 2025 (GLOBE NEWSWIRE) — Orezone Gold Corporation (TSX: ORE, OTCQX: ORZCF) (the “Company” or “Orezone”) is pleased to provide an update on its ongoing hard rock expansion at its Bomboré Gold Mine. The hard rock expansion, which is scheduled to commence operations in Q4-2025, is forecasted to increase gold production by approximately 50%, to over 170,000 ounces per year. Expansion progress and milestones achieved to date include:Early mobilization of the concrete contractor 3-months ahead of schedule, providing for multiple weeks of flexibility in the project schedule.
Foundations are progressing on multiple fronts, with CIL ring beams and pedestals for the ore bin and trash screen now complete. Foundations for the dump pocket and SAG mill are underway.
Engineering is ahead of schedule, with...
Great Southern Bancorp, Inc. Reports Preliminary Fourth Quarter Earnings of $1.27 Per Diluted Common Share
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
Preliminary Financial Results and Business Update for the Quarter Ended December 31, 2024
SPRINGFIELD, Mo., Jan. 21, 2025 (GLOBE NEWSWIRE) — Great Southern Bancorp, Inc. (NASDAQ:GSBC), the holding company for Great Southern Bank, today reported that preliminary earnings for the three months ended December 31, 2024, were $1.27 per diluted common share ($14.9 million net income) compared to $1.11 per diluted common share ($13.1 million net income) for the three months ended December 31, 2023.
For the quarter ended December 31, 2024, annualized return on average common equity was 9.76%, annualized return on average assets was 1.00%, and annualized net interest margin was 3.49%, compared to 9.71%, 0.91% and 3.30%, respectively, for the quarter ended December 31, 2023.
Fourth Quarter 2024 Key Results:Net Interest Income: Net interest...
Brandywine Realty Trust Announces Strong Leasing Momentum
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PHILADELPHIA, Jan. 21, 2025 (GLOBE NEWSWIRE) — Brandywine Realty Trust (NYSE: BDN) today announced strong leasing activity across its portfolio, reflecting sustained demand for high-quality office, and mixed-use spaces.
Since last quarter and through today, the Company has executed 650,000 square feet of leasing activity throughout its portfolio, underscoring the strength of Brandywine’s core portfolio while demonstrating continued progress executing leases within its development pipeline. The fourth quarter leasing activity was the highest in 2024 and 18% higher than the fourth quarter of 2023. The weighted average lease term for the quarter was 9.4 years with total leasing activity for 2024 at 2.2 million square feet.
Brandywine’s core portfolio remains a solid foundation for the company, with over 82% of new leasing activity...
Wesdome Gold Mines Provides Eagle River Exploration Update; 2024 Program Delivers High-Grade Extensions and New Targets
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TORONTO, Jan. 21, 2025 (GLOBE NEWSWIRE) — Wesdome Gold Mines Ltd. (TSX:WDO, OTCQX:WDOFF) (“Wesdome” or the “Company”) today provides a comprehensive update on its exploration activities (Figure 1) at its wholly-owned Eagle River Mine (“Eagle River”) near Wawa, Ontario.
Anthea Bath, President and Chief Executive Officer, stated, “Eagle River delivered exceptional exploration results in 2024, reflecting the prospectivity of this high-grade asset and the strength of our team. With more than 105,000 metres of surface and underground drilling completed during the year, we successfully delineated and expanded key zones close to existing infrastructure, identified new targets and advanced our understanding of the geology.
“At the 6 Central Zone, increased drilling extended the resource envelope down-plunge by approximately 70%, or 250...
Parker to Announce Fiscal 2025 Second Quarter Earnings on January 30; Conference Call and Webcast Scheduled for 11 a.m. Eastern
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CLEVELAND, Jan. 21, 2025 (GLOBE NEWSWIRE) — Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today announced that it will release its fiscal 2025 second quarter earnings before the market opens on Thursday, January 30, 2025, followed by a conference call at 11:00 a.m., Eastern time. During the call, the company will discuss fiscal 2025 second quarter results and respond to questions from institutional investors and security analysts. The conference call will be webcast simultaneously on Parker’s investor website at investors.parker.com with an accompanying slide presentation. The webcast will be archived on the site and available for replay later that day.
Parker Hannifin is a Fortune 250 global leader in motion and control technologies. For more than a century the company has...
Pilgrim’s Pride Corporation to Host Year End 2024 Earnings Call on February 13, 2025
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GREELEY, Colo., Jan. 21, 2025 (GLOBE NEWSWIRE) — Pilgrim’s Pride Corporation (NASDAQ: PPC) announced today that it will release its fourth quarter and fiscal year 2024 financial results on Wednesday, Feb. 12. The company’s executives will review the results on a conference call and webcast at 7:00 a.m. MT (9:00 a.m. ET) on Thursday, Feb. 13. Prepared remarks regarding the company’s financial and operational results will be followed by a question and answer period with Pilgrim’s executive management team. A press release and supplemental materials will be issued before the market opens that morning.
Investors and analysts may pre-register for the webcast to receive a unique PIN to gain immediate access to the call and bypass the live operator. Pre-registration may be completed at any time, including up to and after the call has...
