Day: February 21, 2025
TORONTO, Feb. 21, 2025 (GLOBE NEWSWIRE) — McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) is responding to the news release issued by the Apitipi Anicinapek Nation (“AAN”) dated February 12th, 2025, that alleges McEwen has breached the Impact Benefit Agreement (“IBA”) associated with the Fox Complex (“Fox”) originally signed in 2011 between Brigus Gold Corp (“Brigus”) and AAN. Since that time, the Fox property has changed ownership twice. First to Primero Mining Corp. (“Primero”) when it purchased Brigus in 2013 and then in 2017 when McEwen acquired Fox from Primero in a single asset sale.
Concerning the environmental allegations, McEwen is fully committed to the protection of the environment at the Stock Mill. We continue to take appropriate steps to protect the environment and comply with laws. We do not believe there is cause for...
H&E Rentals Reports Fourth Quarter and Full Year 2024 Results
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
BATON ROUGE, La., Feb. 21, 2025 (GLOBE NEWSWIRE) — H&E Equipment Services, Inc. (NASDAQ: HEES) (“H&E”, the “Company”, d/b/a “H&E Rentals”) today announced results for the fourth quarter and full year ended December 31, 2024. Also, the Company noted its agreement to be acquired by Herc Holdings Inc. (NYSE: HRI) announced earlier this week, which will bring together two companies with a combined 120 years of industry experience who are committed to customer service and excellence.
FOURTH QUARTER 2024 SUMMARY WITH A COMPARISON TO FOURTH QUARTER 2023Revenues decreased 0.4% to $384.1 million compared to $385.8 million.
Net income totaled $32.8 million compared to $53.5 million. The effective income tax rate was 13.6% compared to 19.4%.
Adjusted EBITDA (earnings before interest, taxes, depreciation and amortization)...
The Marketing Alliance Announces Financial Results for Quarter Ended December 31, 2024
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
ST. LOUIS, Feb. 21, 2025 (GLOBE NEWSWIRE) — The Marketing Alliance, Inc. (OTC: MAAL) (“TMA” or the “Company”), announced its financial results today for its fiscal 2025 third quarter ended December 31, 2024.
Fiscal Q3 2025 Financial Key Items (all comparisons to the prior year period)Operating income from continuing operations of ($124,345) compared to $615,317 in the prior year period, the decrease is due in part to a Company-initiated change in recognition and timing of certain insurance distribution fee revenue (discussed below)
Revenues were $4,586,204 compared to $4,738,004, the decrease was primarily due to timing of insurance fee revenue but was offset by an increase in construction revenue
Net income was ($164,867) or ($0.02) per share compared to $692,159 or $.09 per share in the prior year period
During the quarter,...
Nokia Corporation: Repurchase of own shares on 21.02.2025
Written by Customer Service on . Posted in Public Companies.
Nokia CorporationStock Exchange Release21 February 2025 at 22:30 EET
Nokia Corporation: Repurchase of own shares on 21.02.2025
Espoo, Finland – On 21 February 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
1,384,423
4.78CEUX
–
–BATE
–
–AQEU
–
–TQEX
–
–Total
1,384,423
4.78* 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...
Fortrea to Add Erin L. Russell to Board of Directors
Written by Customer Service on . Posted in Public Companies.
Fortrea and Starboard enter into Cooperation Agreement
DURHAM, N.C., Feb. 21, 2025 (GLOBE NEWSWIRE) — Fortrea (Nasdaq: FTRE), a leading global contract research organization (CRO), today announced that it will appoint Erin L. Russell, a financial and healthcare executive, as a new independent member of the Company’s Board of Directors (the “Board”) effective immediately prior to the next regularly scheduled meeting of the Board. Ms. Russell is being appointed in connection with a cooperation agreement (the “Agreement”) between Fortrea and Starboard Value LP (together with its affiliates, “Starboard”), an investment firm that owns approximately 5.4% of the Company’s outstanding common stock.
“We are pleased to have reached a constructive agreement with Starboard, and we appreciate its ongoing engagement and helpful input,” said...
Tevogen Bio’s First Trading Year Efficiency: 600% Higher Market Cap Per Team Member, 79% Insider-Owned
Written by Customer Service on . Posted in Public Companies.
600% higher market cap per team member when compared to industry average. Source: Mr. Damodaran at the Stern School of Business at NYU.
Current ownership breakdown: Insiders 79%; Independent Board Members 1%; Lead Investor 7%; SPAC Sponsor 6%; Others 8%.
Assets believed to be valued in the billions. (Not reflected on Tevogen’s balance sheet as internally developed intangible assets are generally not permitted to be capitalized as per US GAAP).
Additional business updates to follow in coming days.WARREN, N.J., Feb. 21, 2025 (GLOBE NEWSWIRE) — Tevogen Bio (“Tevogen Bio Holdings Inc.” or “Company”) (Nasdaq: TVGN), a clinical-stage specialty immunotherapy biotech company, aims to set new efficiency standards in the industry, to prove that innovation and cost-effectiveness can coexist. Built with the rising cost of drug development...
SRIVARU Holding Limited Provides Update on Legal Claim by Sabby Volatility Warrant Master Fund Ltd.
Written by Customer Service on . Posted in Public Companies.
GRAND CAYMAN, Cayman Islands, Feb. 21, 2025 (GLOBE NEWSWIRE) — SRIVARU Holding Limited (OTC: SVUHF) (“SRIVARU” or the “Company”), has been made aware of a legal claim against the Company by Sabby Volatility Warrant Master Fund Ltd. (“Sabby”) in the Supreme Court of the State of New York, Index No. 650870/2025. The Company is committed to transparency, compliance, and protecting shareholder value while it defends itself against this claim.
Background & Sabby’s Investment PositionOn October 31, 2024, Sabby purchased 16,800,000 units, each consisting of one common share and one warrant.
The warrants included a cashless conversion provision, allowing holders to receive two shares per warrant upon exercise.
Sabby’s claim is based on a warrant exercise calculation that differs from the Company’s documented and disclosed methodology,...
Blade Air Mobility Announces Date for Fourth Quarter and Calendar Year Ending December 31, 2024 Earnings Release Conference Call
Written by Customer Service on . Posted in Public Companies.
NEW YORK, Feb. 21, 2025 (GLOBE NEWSWIRE) — Blade Air Mobility, Inc. (Nasdaq: BLDE, “Blade” or the “Company”), will release financial results for the fourth quarter and calendar year ended December 31, 2024 on Thursday, March 13, 2025 before the market opens. The company will hold a conference call the same day at 8:00 am Eastern Time to discuss the results. The call will be hosted by Rob Wiesenthal, Blade’s Chief Executive Officer, and Will Heyburn, Blade’s Chief Financial Officer, and will include a question-and-answer session for call participants.
To join the live call, please register here. Upon registration, a dial-in and unique PIN will be provided to join the call.
An audio-only webcast of the call may be accessed from the Investors section of the Company’s website at https://ir.blade.com/ or by registering at the link here....
Delta Faucet Company Adds Newport Brass to Portfolio, Pursues Growth in Luxury Segment
Written by Customer Service on . Posted in Mergers And Acquisitions.
Barb Fuller joins as Vice President of Luxury to lead strategy and drive brand growthBarbara FullerBarbara Fuller HeadshotBrizoBrizo logoBrizoBrizo Product DisplayNewport BrassNewport Brass Product DisplayNewport BrassNewport Brass LogoINDIANAPOLIS, Feb. 21, 2025 (GLOBE NEWSWIRE) — Delta Faucet Company, a leader in branded kitchen and bathroom products including faucet fixtures, sinks and accessories, is proud to announce the addition of Newport Brass®, a brand known for its high-quality, custom finish brass faucets and fixtures, to its portfolio. This addition enables Delta Faucet Company’s entry into the luxury segment while complementing the ongoing growth of its upper premium brand, Brizo®.
This strategic growth initiative strengthens Delta Faucet Company’s ability to serve the...
Toll Brothers Announces New Phase of Home Sites Available in Sienna – Executive Collection Near Houston, Texas
Written by Customer Service on . Posted in Public Companies.
New luxury home community features 15 expansive home sites in highly desirable Sienna master-plan in Missouri City, Texas
MISSOURI CITY, Texas, Feb. 21, 2025 (GLOBE NEWSWIRE) — Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, is pleased to announce the opening of a new phase of 15 home sites in its Toll Brothers at Sienna – Executive Collection community in Missouri City, Texas. This new phase offers luxury single-family homes on 70-foot-wide home sites with prices starting from the low $600,000s. The Toll Brothers model home and Sales Center are open daily at 10123 Stately Crown Drive in Missouri City.
“Toll Brothers at Sienna’s Executive Collection provides home buyers with exceptional amenities, onsite conveniences, and luxury home designs – all of which come together to create an exciting...