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Day: February 10, 2025

Century Aluminum Applauds President Trump’s Decisive Action to Strengthen Section 232 Tariffs

CHICAGO, Feb. 10, 2025 (GLOBE NEWSWIRE) — Century Aluminum Company (NASDAQ:CENX) strongly supports President Donald Trump’s decisive action today to strengthen Section 232 tariffs and fight back against unfair trade practices that have for years disadvantaged the U.S. primary aluminum industry. Today’s executive order implements a 25% tariff on all primary aluminum imports into the U.S. from all foreign countries and closes a loophole in the existing tariff that allowed nearly 75% of imports to avoid the tariff. Closing these loopholes will protect good American jobs and our national security. Century Aluminum CEO Jesse Gary applauded the President’s decisive action: “We strongly support today’s Executive Order from President Donald J. Trump imposing a 25% tariff to stop the flood of aluminum imports into the United States. President...

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First National Bank Alaska named top ten bank in America by Forbes

ANCHORAGE, Alaska, Feb. 10, 2025 (GLOBE NEWSWIRE) — Forbes selected Alaska’s largest community bank, First National Bank Alaska, as one of the top ten banks in the country for their annual list America’s Best Banks. First National ranked sixth in the nation and was the only bank in Alaska to make the list. The global media company evaluates 11 metrics, including growth, credit quality, profitability and stock performance. “We are honored to receive this recognition,” said First National Board Chair and CEO/President Betsy Lawer. “I want to extend my gratitude to our customers and congratulate the more than 600 local employees who provide excellent customer service every day. Being ranked as one of the top ten banks in America by Forbes is a reflection of employee dedication to helping fellow Alaskans succeed.” Alaska’s community...

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Tevogen Bio’s Business Model Addresses Biopharma Industry Challenges with Cost-Efficient Innovation

WARREN, N.J., Feb. 10, 2025 (GLOBE NEWSWIRE) — Tevogen Bio (“Tevogen Bio Holdings Inc.” or “Company”) (Nasdaq: TVGN), is a clinical-stage specialty immunotherapy biotech company. As the biopharma industry faces increasing competition from international markets and an evolving regulatory landscape, Tevogen Bio’s innovative business model positions it as a potential leader in the shift towards cost-efficient, value-driven healthcare. With the concern of Chinese pharmaceutical companies developing drugs at a faster pace and lower cost, the U.S. biotech sector faces pressure to adapt. At the same time, Robert F. Kennedy Jr., who is soon to helm the Department of Health and Human Services, has prioritized affordable healthcare, prompting industry-wide discussions on sustainability and access. Built with these industry themes in mind,...

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Foxx Development Expands Entertainment Offerings Through FreeCast Partnership

Premium streaming entertainment now comes standard on all Foxx smartphones and tablets Irvine, CA, Feb. 10, 2025 (GLOBE NEWSWIRE) — Foxx Development Holdings Inc. (“Foxx Development” or “Company”) (Nasdaq: FOXX), a leading provider of consumer electronics and integrated Internet-of-Things (IoT) solutions for retail and institutional clients, today announced that it has entered into a strategic distribution agreement with FreeCast Inc. so that FreeCast’s streaming platform will be available to users of the Company’s mobile device portfolio. The new integration will give Foxx Development’s users immediate access to FreeCast’s entertainment hub, consolidating hundreds of streaming services into a single user-friendly interface. Under the agreement, FreeCast’s all-in-one streaming platform will be installed...

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MARA Holdings, Inc. Announces Postponement of Special Meeting of Stockholders

Fort Lauderdale, FL, Feb. 10, 2025 (GLOBE NEWSWIRE) — MARA Holdings, Inc. (NASDAQ: MARA) (“MARA” or the “Company”), a global leader in leveraging digital asset compute to support the energy transformation, today announced that its Special Meeting of Stockholders (the “Special Meeting”), which was originally scheduled to be held on February 11, 2025, has been postponed. The Special Meeting is now scheduled to be held virtually, via live webcast at web.lumiconnect.com/266814323, on Wednesday, February 19, 2025 at 8:30 a.m. PST / 11:30 a.m. EST. The record date for the Special Meeting, January 17, 2025, is unchanged and applies to the postponed Special Meeting. The Special Meeting has been postponed to provide the Company’s stockholders with additional time to vote in order to facilitate broader participation. The Company’s Board...

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ValOre Announces Closing of Agreements with Skyharbour for Uranium Projects Located in Saskatchewan

VANCOUVER, British Columbia, Feb. 10, 2025 (GLOBE NEWSWIRE) — ValOre Metals Corp. (“ValOre”; TSX‐V: VO; OTCQB: KVLQF; Frankfurt: KEQ0) today provided an update on developments concerning Hatchet Uranium Corp. (“Hatchet”), in which ValOre currently holds an approximate 51.5% partially diluted ownership interest. ValOre, further to its news releases dated November 4th, 2024, and February 5th, 2025, announces that closing has now occurred on the option agreement (the “Agreement”) with Skyharbour Resources Ltd. (“Skyharbour”), whereby Hatchet may acquire an 80% interest in Skyharbour’s 17,606 ha Highway Uranium Property (“Highway”) and a 100% interest, subject to a claw-back provision for Skyharbour, in Skyharbour’s Genie, Usam and CBX/Shoe Uranium Projects (the “Purchased Properties”) totalling 66,358 ha, all located to the northeast...

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Flow Capital Announces Performance Stock Unit Grant

TORONTO, Feb. 10, 2025 (GLOBE NEWSWIRE) — Flow Capital Corp. (TSXV:FW) (“Flow Capital”) has announced the issuance of 100,000 new Performance Stock Units (PSU’s) to certain officers of the Company under its omnibus long term incentive plan.  The PSU’s will vest upon the attainment of certain performance criteria including certain levels of share price and certain levels of free cash flow.About Flow Capital  Flow Capital Corp. is a publicly listed growth venture debt lender dedicated to supporting high-growth companies. Since its inception in 2018, the Company has provided financing to businesses in the U.S., the U.K., and Canada, helping them achieve accelerated growth without the dilutive impact of equity financing or the complexities of traditional bank loans. Flow Capital focuses on revenue-generating companies...

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LegalZoom Announces Acquisition of Formation Nation to Accelerate Go-To-Market Strategy and Expand Portfolio of Small Business Solutions

Announces preliminary Q4 and full year 2024 financial results at high end of outlook range Formation Nation’s best-in-class customer service combined with LegalZoom’s leading technology platform will deliver increased value to small business customers MOUNTAIN VIEW, Calif., Feb. 10, 2025 (GLOBE NEWSWIRE) — LegalZoom (Nasdaq:LZ), a leading online platform for legal services, is pleased to announce it has acquired Formation Nation, a small business services company. Formation Nation provides services ranging from white-glove business formation and compliance offerings under its “Nevada Corporate Headquarters” (NCH) business to low-cost business formations under its flagship “Inc Authority” brand. LegalZoom’s technology driven legal and compliance solutions, alongside Formation Nation’s deep roots in customer support, will enable...

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Farmers and Merchants Bancshares, Inc. Reports Earnings of $4,277,703 or $1.37 Per Share for the Year Ended December 31, 2024

HAMPSTEAD, Md., Feb. 10, 2025 (GLOBE NEWSWIRE) — Farmers and Merchants Bancshares, Inc. (the “Company”), the parent company of Farmers and Merchants Bank (the “Bank” and, together with the Company, “we”, “us” and “our”), announced that net income for the year ended December 31, 2024 was $4,277,703, or $1.37 per common share (basic and diluted), compared to $6,418,337, or $2.08 per common share (basic and diluted), for the same period in 2023. Higher interest expense as a result of the Federal Reserve rate increases over the last several years was the primary reason for the decline in net income. The Company’s return on average equity during the year ended December 31, 2024 was 7.83% compared to 13.08% for the same period in 2023. The Company’s return on average assets during the year ended December 31, 2024 was 0.53% compared to...

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Vornado Announces Fourth Quarter 2024 Financial Results

NEW YORK, Feb. 10, 2025 (GLOBE NEWSWIRE) — Vornado Realty Trust (NYSE: VNO) reported today: Quarter Ended December 31, 2024 Financial Results NET INCOME attributable to common shareholders for the quarter ended December 31, 2024 was $1,203,000, or $0.01 per diluted share, compared to a net loss attributable to common shareholders of $61,013,000, or $0.32 per diluted share, for the prior year’s quarter. FUNDS FROM OPERATIONS (“FFO”) attributable to common shareholders plus assumed conversions (non-GAAP) for the quarter ended December 31, 2024 was $117,085,000, or $0.58 per diluted share, compared to $121,105,000, or $0.62 per diluted share, for the prior year’s quarter. Adjusting for the items that impact period-to-period comparability listed in the table on the following page, FFO attributable to common...

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