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Day: February 5, 2025

Bpce: Appointments of Mohamed Kallala and Philippe Setbon to the Executive Management Committee of BPCE

Appointments of Mohamed Kallala and Philippe Setbon to the Executive Management Committee of BPCE Paris, February 5, 2025 Mohamed Kallala, Chief Executive Officer of Natixis, in charge of Corporate & Investment Banking, and Philippe Setbon, Deputy Chief Executive Officer of Natixis, in charge of Asset & Wealth Management, are joining the Executive Management Committee of BPCE, following their direct reporting to Nicolas Namias, CEO of BPCE, since January 1, 2025. The Executive Management Committee of BPCE now has a total of twelve members. Biography of Mohamed Kallala Mohamed Kallala started his career in 1993 as an ALM trader for BNP Paribas before being appointed Head of Mergers & Acquisitions at Crédit Agricole Indosuez in 1995. In 2000, he founded Global Equities Corporate Finance. In 2005, he joined Natixis and became...

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Bpce: Groupe BPCE Results Q4-24 & 2024

Paris, February 5, 2025 STRONG PERFORMANCES IN 2024 • Excellent performance in Q4-24 •• Net income (Group share) of €3.5bn in 2024, strong growth of +26% •• VISION 2030: dynamic implementation of the strategic project • Q4-24: net banking income at €6bn, up +11% YoY; very good performance achieved by retail banking and the global businesses; net income of €913m, +140% YoY2024: net banking income of €23.3bn, 5% growth YoY driven by all the business lines; gross operating income up by a strong 18% notably thanks to good cost control; reported net income2 of €3.5bn, up by 26% YoY Very high levels of solvency and liquidity with a CET1 ratio of 15.6%3 and a LCR of 142%4 at end-2024 RETAIL BANKING & INSURANCE    Sharp 14% growth in revenues in Q4-24 and 4% in 2024 driven in particular by the confirmed rebound in net interest margins and...

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New Vishay Intertechnology 60 mm Inductive Position Sensor Delivers High Precision for Harsh Industrial and AMS Applications

Allowing for Use Close to Electrical Motors, the RAIK060 Is Slimmer and Lighter Than Magnetic-Based Encoders, With Higher Rotational Speed and Lower Latency Time MALVERN, Pa., Feb. 05, 2025 (GLOBE NEWSWIRE) — Vishay Intertechnology, Inc. (NYSE: VSH) today introduced a new high precision position sensor built on inductive technology for industrial and AMS applications. Compared to solutions based on magnetic technology, the Vishay MCB RAIK060 absolute inductive kit encoder offers a smaller thickness of 5 mm, lighter weight of 15.5 g, higher rotational speeds to 10 000 rpm, and a lower latency time of ≤ 5 μs. In addition, the device isn’t sensitive to magnetic environments, allowing it to be used close to electrical motors. The position sensor released today is ideal for robotics, motor drives, and other demanding industrial applications...

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NeuroOne® to Report First Quarter Fiscal Year 2025 Financial Results on Wednesday, February 12 at 8:30 a.m. Eastern Time

EDEN PRAIRIE, Minn., Feb. 05, 2025 (GLOBE NEWSWIRE) — NeuroOne Medical Technologies Corporation (NASDAQ: NMTC) (“NeuroOne” or the “Company”), a medical technology company focused on improving surgical care options and outcomes for patients suffering from neurological disorders, will release financial results for its fiscal first quarter ended December 31, 2024, before market open on February 12, 2025. Management will host an investor conference call and webcast at 8:30 a.m. eastern time on Wednesday, February 12, 2025, to discuss the Company’s first quarter 2025 financial results, provide a corporate update, and conclude with Q&A from telephone participants. To participate, please use the following information: First Quarter and Fiscal 2025 Earnings Conference CallDate: Wednesday, February 12, 2025Time:...

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Techmer PM Acquires Colors for Plastics to Broaden Product Offerings

Techmer’s Latest Acquisition Strengthens Market Position and Drives Innovation in Polymer Solutions CLINTON, Tenn., Feb. 05, 2025 (GLOBE NEWSWIRE) — Techmer PM, a leading materials design company specializing in polymer modification for masterbatch and engineered compounds, is pleased to announce the acquisition of Colors for Plastics, a provider of color concentrates and custom color solutions. This strategic acquisition enhances Techmer PM’s capabilities and expands its product offerings to better serve its diverse customer base. “This acquisition allows us to leverage the Colors for Plastics team’s knowledge and experience in color technology, further strengthening our position as a leader in the industry,” said Mike McHenry, chief executive officer of Techmer PM. “We look forward to welcoming Colors...

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FirstBank Reports Strong Q4 Results and a Record-Setting Colorado Gives Day

The bank continues to “Give It Forward” through Colorado Gives Day and expanded instant payment offeringsLAKEWOOD, Colo., Feb. 05, 2025 (GLOBE NEWSWIRE) — FirstBank, one of the nation’s largest privately held banks with a focus on “banking for good,” announced its 2024 fourth-quarter summary of the company’s holdings and activities. The bank reported the following year-end and quarter-over-quarter results:Net income for 2024 was $226.1 million Total deposits increased by 0.4% in the fourth quarter to $24 billion Net loan balance remained unchanged during Q4 at $16.1 billion Total assets decreased by 0.7% to $27.2 billion from Sept. 30, 2024 to Dec. 31, 2024In addition to growing both customer relationships and deposits in the fourth quarter, the bank reported over $3 billion in loan originations throughout the 2024 calendar...

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Avance Gas Holding Ltd: SGM Results Notification

February 5, 2025 Avance Gas Holding Ltd (the “Company”) advises that a Special General Meeting (SGM) of the Shareholders of the Company was held on 5 February 2025 at 09:00 (local time), at Par-la-Ville Place, 4th Floor, 14 Par-la-Ville Road, Hamilton Bermuda (the “Meeting”).  At the Meeting, the shareholders resolved that the Company’s Share Premium account shall be reduced from US$446,358,298 to US$nil by the transfer of US$446,358,298 of the Share Premium account to the Company’s Contributed Surplus account with immediate effect. The Board of Directors Avance Gas Holding Ltd Hamilton, BermudaThis information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act

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Avid Bioservices, Inc. Provides Notice of Fundamental Change and Make-Whole Fundamental Change to Holders of its Convertible Notes in Connection with Completed Merger

TUSTIN, Calif., Feb. 05, 2025 (GLOBE NEWSWIRE) — Avid Bioservices, Inc. (“Avid” or the “Company”), a dedicated biologics contract development and manufacturing organization (“CDMO”) working to improve patient lives by providing high quality development and manufacturing services to biotechnology and pharmaceutical companies, today provided notice (the “Notice”) to holders of its 7.00% Convertible Senior Notes due 2029 (the “Notes”), pursuant to the terms of the Indenture, dated as of March 12, 2024 (the “Indenture”), by and between the Company and U.S. Bank Trust Company, National Association (“U.S. Bank”), as trustee, governing the Notes that, in connection with the closing of the transaction contemplated by the Agreement and Plan of Merger, dated as of November 6, 2024 (the “Merger Agreement” and such transaction, the “Merger”),...

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Adia Nutrition Advances Towards OTCQB Uplisting with Third-Party Audit and Provides Roadmap to Listing on Nasdaq Small Cap

WINTER PARK, Fla., Feb. 05, 2025 (GLOBE NEWSWIRE) — Adia Nutrition Inc. (OTC Pink: ADIA), an innovator nutritional products and medical treatments, has announced that through collaboration with Adia’s accountant, Adia has appointed a PCAOB (Public Company Accounting Oversight Board) accounting firm to conduct a comprehensive third-party audit. This strategic move is part of Adia’s plan to uplist its shares from the OTC Pink Sheets to the OTCQB Venture Market, aiming to enhance visibility, attract a broader investor base, and reflect the company’s commitment to transparency and growth. “Having a fully running business model for the past year, we are now taking this significant step towards uplisting to OTCQB,” said Larry Powalisz, CEO of Adia Nutrition. “This audit will not only validate our financial...

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Risk Strategies Acquires Griffith Insurance, LLP

Strong alignment with construction industry, commercial and private client business segments BOSTON, Feb. 05, 2025 (GLOBE NEWSWIRE) — Risk Strategies, a leading North American specialty insurance brokerage and risk management and consulting firm, today announced it has acquired Griffith Insurance, LLP, a full-service independent insurance agency based in West Chester, Pennsylvania. Terms of the deal were not disclosed. Founded in 1988, Griffith Insurance provides a wide range of risk and liability products to a diverse client base, including commercial and private client business segments. The agency also has a focus on the construction industry, creating alignment and opportunity for Risk Strategies, which has developed one of the country’s leading surety bond practices. Additionally, Griffith also has a strong personal lines...

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