Day: February 6, 2025

DTE Energy celebrates energy assistance expansion, thanks to “Coalition to Keep Michigan Warm”

Written by Customer Service on February 6, 2025. Posted in Public Companies.

Group of more than 120 human service agencies, religious organizations and businesses and legislatures were instrumental in the bipartisan passage of new law to expand energy assistance for Michiganders in needGovernor Gretchen WhitmerGovernor Gretchen Whitmer spoke at the event, congratulating the Coalition to Keep Michigan warm on their hard work and collaboration to help get the MEAP bills passed.Speakers at the MEAP expansion celebrationRepresentative Helena Scott; Jerry Norcia, Chairman & Chief Executive Officer, DTE Energy; Governor Gretchen Whitmer; Dr. Darienne Hudson, President & CEO, United Way for Southeastern MichiganDetroit, Feb. 06, 2025 (GLOBE NEWSWIRE) — Today, DTE Energy joined with 120 human service agencies, religious organizations and businesses, known as the “Coalition to Keep Michigan...

CORRECTION — Minerals Technologies Inc. Announces 2024 Fourth Quarter and Full Year Financial Results

Written by Customer Service on February 6, 2025. Posted in Earnings Releases And Operating Results.

In the release issued under this headline earlier today by Minerals Technologies Inc. (NYSE: MTX), there was an error in the condensed consolidated balance sheet table. The corrected release follows:Record Fourth Quarter and Full Year Operating Income and Earnings Per Share Excluding Special Items Delivered Full Year Operating Margin a Year Ahead of Target Continued Strong Free Cash Flow Improved Balance Sheet Strength by Increasing Liquidity and Extending Debt MaturitiesNEW YORK, Feb. 06, 2025 (GLOBE NEWSWIRE) — Minerals Technologies Inc. (NYSE: MTX) (“MTI” or “the Company”) today reported earnings per share for the fourth quarter ended December 31, 2024, of $1.68, or $1.50 per share excluding special items. For the full year 2024, reported earnings per share were $5.17, or $6.15 per share excluding special items. “This was...

California Water Service Group Schedules 2024 Full-Year and Fourth-Quarter Earnings Results Announcement and Conference Call

Written by Customer Service on February 6, 2025. Posted in Public Companies.

SAN JOSE, Calif., Feb. 06, 2025 (GLOBE NEWSWIRE) — California Water Service Group (NYSE: CWT) today announced that its 2024 full-year and fourth-quarter earnings results will be released at 9:00 a.m. ET with its earnings conference call to follow at 11:00 a.m. ET on Thursday, February 27, 2025. All stockholders and interested investors are invited to attend the conference call. To attend, please dial 1-800-715-9871 or 1-646-307-1963 and key in ID# 5777452, or you may access the live audio webcast at https://edge.media-server.com/mmc/p/cbxzkhb6 Please join at least 15 minutes in advance to ensure a timely connection to the call. A replay of the call will be available from 2:00 p.m. ET on Thursday, February 27, 2025 through April 28, 2025, at 1-800-770-2030 or 1-609-800-9909 and key in ID# 5777452, or by accessing the webcast above....

Saputo Reports Financial Results for the Third Quarter of Fiscal 2025 Ended December 31, 2024

Written by Customer Service on February 6, 2025. Posted in Earnings Releases And Operating Results.

MONTRÉAL, Feb. 06, 2025 (GLOBE NEWSWIRE) — Saputo Inc. (TSX: SAP) (we, Saputo or the Company) reported today its financial results for the third quarter of fiscal 2025, which ended on December 31, 2024. All amounts in this news release are in millions of Canadian dollars (CDN), except per share amounts, unless otherwise indicated, and are presented according to International Financial Reporting Standards (IFRS). “In the third quarter, our strong execution resulted in our highest adjusted EBITDA1 performance since 2023, with $417 million, reflecting a 13% year-over-year increase,” said Carl Colizza, President and CEO. “We made significant strides in executing our strategic playbook and controlling costs, and benefited from accelerated contributions from our recently completed capital projects. Our solid cash generation also enabled...

WEBTOON Entertainment Inc. Announces Select Fourth Quarter and Full Year 2024 Preliminary Estimated Results and Announces Fourth Quarter and Full Year 2024 Earnings Call & Webcast

Written by Customer Service on February 6, 2025. Posted in Earnings Releases And Operating Results.

LOS ANGELES, Feb. 06, 2025 (GLOBE NEWSWIRE) — WEBTOON Entertainment Inc. (Nasdaq: WBTN) (“WEBTOON Entertainment,” or “the Company”), a leading global entertainment company and home to some of the world’s largest storytelling platforms, today announced select preliminary, estimated and unaudited results for its fourth quarter and full year 2024 ended December 31, 2024 ahead of parent company, NAVER Corporation’s earnings release today. Fiscal Year 2024 Select Preliminary Estimated Financial Results:Total revenue of approximately $1.347 billion Revenue on a constant currency basis of approximately $1.433 billion Net income range of approximately $(158) to $(152) million Adjusted EBITDA range of approximately $67 to $68 millionFourth Quarter 2024 Select Preliminary Estimated Financial Results:Total revenue of approximately $351...

McEwen Mining Inc. Announces Proposed Offering of $85 Million of Convertible Senior Notes

Written by Customer Service on February 6, 2025. Posted in Public Companies.

TORONTO, Feb. 06, 2025 (GLOBE NEWSWIRE) — McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) (the “Company”) today announced its intention to offer, subject to market conditions and other factors, $85 million aggregate principal amount of convertible senior notes due 2030 (the “Notes”) in a private placement to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). In connection with the offering, the Company expects to grant to the initial purchaser of the Notes an option to purchase, for settlement within a 13-day period from the date of initial issuance of the Notes, up to an additional $15 million aggregate principal amount of Notes. The Notes will be senior, unsecured obligations of the Company. Interest on the Notes will be payable...

HP Inc. Names Songyee Yoon to Board of Directors

Written by Customer Service on February 6, 2025. Posted in Public Companies.

PALO ALTO, Calif., Feb. 06, 2025 (GLOBE NEWSWIRE) — HP Inc. (NYSE: HPQ) today announced the appointment of Songyee Yoon to its Board of Directors. Songyee is the Founder and Managing Partner of Principal Venture Partners and former President for NCSoft Corporation, a leading gaming developer. Her appointment is effective immediately. “We’re thrilled to welcome Songyee to the HP Board of Directors,” said Chip Bergh, Chair of the HP Board. “Songyee brings expertise in international business and a deep understanding of AI. As a renowned leader and innovator, Songyee offers a global perspective on emerging technologies and trends in AI, which will undoubtedly help us advance HP’s strategic priorities.” Ms. Yoon holds a bachelor’s degree in electrical engineering from the Korea Advanced Institute of Science and...

Minerals Technologies Inc. Announces 2024 Fourth Quarter and Full Year Financial Results

Written by Customer Service on February 6, 2025. Posted in Earnings Releases And Operating Results.

Record Fourth Quarter and Full Year Operating Income and Earnings Per Share Excluding Special Items Delivered Full Year Operating Margin a Year Ahead of Target Continued Strong Free Cash Flow Improved Balance Sheet Strength by Increasing Liquidity and Extending Debt MaturitiesNEW YORK, Feb. 06, 2025 (GLOBE NEWSWIRE) — Minerals Technologies Inc. (NYSE: MTX) (“MTI” or “the Company”) today reported earnings per share for the fourth quarter ended December 31, 2024, of $1.68, or $1.50 per share excluding special items. For the full year 2024, reported earnings per share were $5.17, or $6.15 per share excluding special items. “This was an outstanding year for MTI. We delivered record operating income and earnings per share, significantly expanded margins, strengthened our balance sheet, and increased returns to shareholders. We also...

Advisory: Fortis Inc. to Hold Teleconference and Webcast on February 14 to Discuss 2024 Annual Results

Written by Customer Service on February 6, 2025. Posted in Earnings Releases And Operating Results.

ST. JOHN’S, Newfoundland and Labrador, Feb. 06, 2025 (GLOBE NEWSWIRE) — Fortis Inc. (“Fortis” or the “Corporation”) (TSX/NYSE: FTS) will release its 2024 financial results on Friday, February 14, 2025. A teleconference and webcast will be held the same day at 8:30 a.m. (Eastern). David Hutchens, President and Chief Executive Officer and Jocelyn Perry, Executive Vice President and Chief Financial Officer will discuss the Corporation’s 2024 annual financial results. Shareholders, analysts, members of the media and other interested parties are invited to listen to the teleconference via the live webcast on the Corporation’s website, https://www.fortisinc.com/‌investors/events-and-presentations. Those members of the financial community in Canada and the United States wishing to ask questions...

Alumis and ACELYRIN to Merge Creating a Late-Stage Clinical Biopharma Company Dedicated to Innovating, Developing and Commercializing Transformative Therapies for Immune-mediated Diseases

Written by Customer Service on February 6, 2025. Posted in Mergers And Acquisitions.

Topline data from Phase 3 ONWARD trials for Alumis’ ESK-001 in moderate-to-severe plaque psoriasis on track for readout in first half of 2026; Topline data from Phase 2b LUMUS trial in systemic lupus erythematosus on track for readout in 2026 Evaluation underway of development plan for ACELYRIN’s lonigutamab to confirm differentiation in a capital efficient manner Pro forma cash position of approximately $737 million as of December 31, 2024, provides runway into 2027, beyond expected multiple clinical readouts for highly differentiated late-stage portfolio Alumis and ACELYRIN stockholders to own ~55% and ~45%, respectively, of combined company on a fully diluted basis Combined company will operate under Alumis name with current Alumis executive team Conference call to be held today, February 6, 2025, at 5:00 PM ET SOUTH SAN FRANCISCO,...

Day: February 6, 2025

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