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Day: March 4, 2025

The York Water Company Reports 2024 Annual and Fourth Quarter Results

YORK, Pa., March 04, 2025 (GLOBE NEWSWIRE) — The York Water Company’s (NASDAQ:YORW) President and CEO, JT Hand, announced the Company’s 2024 financial results. President Hand reported that 2024 operating revenues of $74,959,000 increased $3,928,000, but net income of $20,325,000 decreased $3,432,000 compared to 2023. Basic and Diluted Earnings per share of $1.42 for 2024 decreased $0.24 compared to 2023. Dividends per share rose 4% compared to 2023. Increased revenues were primarily due to an increase in rates effective March 1, 2023, revenues from Distribution System Improvement charge (DSIC), and growth in the customer base. The DSIC is a Pennsylvania Public Utility Commission allowed charge that water utilities collect from customers for the replacement of aging infrastructure. The Company incurred lower pension...

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Better Choice Company Appoints Renowned Expert in Rare and Undiagnosed Diseases, Dr. Paldeep S. Atwal, as its United States Special Healthcare Advisor

TAMPA, Fla., March 04, 2025 (GLOBE NEWSWIRE) — Better Choice Company, Inc. (NYSE American: BTTR) (“Better Choice” or the “Company”), a pet health and wellness company, today announced the appointment of Dr. Paldeep S. Atwal as its United States Special Healthcare Advisor. Renowned for his expertise in rare and undiagnosed diseases, Dr. Atwal has dedicated his career to advancing the field of genomic medicine through cutting-edge diagnostics, research, and patient care. Dr. Atwal is a board-certified clinical and medical biochemical geneticist and the founder of Atwal Clinic for Genomic & Personalized Medicine, a premier private genetics clinic in Palm Beach, FL. Previously, he served as Medical Director of Genetic Services at Everly Health Solutions (formerly PWNHealth), a leading virtual healthcare company, and as Medical...

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American Airlines to present at 2025 J.P. Morgan Industrials Conference

FORT WORTH, Texas, March 04, 2025 (GLOBE NEWSWIRE) — American Airlines Group Inc. (NASDAQ: AAL) CEO Robert Isom will present at the 2025 J.P. Morgan Industrials Conference on Tuesday, March 11, at 8 a.m. CT. A live webcast of the conference will be available at aa.com/investorrelations. About American Airlines GroupAs a leading global airline, American Airlines offers thousands of flights per day to more than 350 destinations in more than 60 countries. The airline is a founding member of the oneworld® alliance, whose members serve more than 900 destinations around the globe. Shares of American Airlines Group Inc. trade on Nasdaq under the ticker symbol AAL. Learn more about what’s happening at American by visiting news.aa.com and connect with American @AmericanAir and at Facebook.com/AmericanAirlines. To Care for People on Life’s...

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LLYC Equality Report Finds 50% of Posts About Feminism on X are Negative

LLYC launches NO-FILTER, an analysis of 8.5 million posts on X across 12 countries. Data reveals stagnation in the conversation about feminism and a clear rise in polarization, debunking the perception that the topic is overexposed. Anti-equality communities are more insular and aggressive: 98% of profiles are already radicalized. Anti-feminists use insults three times more often than the most radical feminists.MIAMI, March 04, 2025 (GLOBE NEWSWIRE) — Over the past three years, online searches for “equality” and “feminism” have dropped by 40% and 50%, respectively. On X, the discussion has stalled and become more polarized—today, 50% of posts about feminism on the platform are negative. This is one of the key findings from NO FILTER, a report by LLYC released for International Women’s Day (March...

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Poppulo Strengthens Digital Signage Portfolio with Strategic Acquisition of REACH Media Network

DENVER, March 04, 2025 (GLOBE NEWSWIRE) — Poppulo, a global leader in digital signage and omnichannel employee communications software, today announced its acquisition of REACH Media Network (REACH), a prominent provider of reliable, user-friendly digital signage solutions to mid-market customers. With a combined reach of more than 10,000 digital signage customers worldwide, this strategic acquisition underscores Poppulo’s dedication to delivering high impact digital signage solutions for a broader range of customers and use cases.  With more than 45 years combined experience in the digital signage industry, Poppulo and REACH will drive innovation that helps organizations more effectively use digital signage to improve customer experience, increase revenue, drive brand awareness, improve performance and enhance their workplaces....

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XBP Europe Holdings, Inc. Signs Exclusive Non-Binding Letter of Intent to Acquire Exela Technologies BPA, LLC

Merger would expand XBP Europe into a $1 billion revenue business SANTA MONICA, Calif., March 04, 2025 (GLOBE NEWSWIRE) — XBP Europe Holdings, Inc. (“XBP Europe”) (Nasdaq: XBP), a pan-European integrator of bills, payments, and related solutions and services, today announced that it has entered into an exclusive, non-binding letter of intent with Exela Technologies, Inc. to acquire Exela Technologies BPA, LLC (“BPA”), a leading provider of business process automation solutions. The closing of the acquisition will be subject to BPA completing a corporate reorganization which is expected to create a sustainable capital structure with a substantially deleveraged balance sheet. If completed, the acquisition will expand XBP Europe’s revenue to more than $1 billion from $145 million on a pro forma basis for the twelve months ending September...

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ACELYRIN Determines Unsolicited Indication of Interest From Concentra Biosciences Not Reasonably Expected to Result in a Superior Proposal to Planned Alumis Merger

All-Stock Transaction with Alumis Maximizes Long-Term Value for ACELYRIN Stockholders LOS ANGELES, March 04, 2025 (GLOBE NEWSWIRE) — ACELYRIN, INC. (Nasdaq: SLRN), a late-stage clinical biopharma company focused on accelerating the development and delivery of transformative medicines in immunology, today announced that, after due consideration in consultation with its independent financial and legal advisors, its Board of Directors determined that the unsolicited indication of interest from Concentra Biosciences, LLC, of which Tang Capital Partners, LP is the controlling shareholder, is not reasonably expected to result in a superior proposal to the planned merger with Alumis Inc. (Nasdaq: ALMS). The ACELYRIN Board of Directors is confident that the all-stock transaction with Alumis maximizes long-term value for ACELYRIN stockholders...

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DraftKings Announces Close of $600 Million Upsized Term Loan B Facility

BOSTON, March 04, 2025 (GLOBE NEWSWIRE) — DraftKings Inc. (Nasdaq: DKNG) (the “Company” or “DraftKings”) today announced that it has successfully closed on its senior secured term loan B credit facility in an aggregate principal amount of $600 million (the “Term Loan B”). The size of the Term Loan B was increased from the previously announced $500 million aggregate principal amount due to strong demand. The Term Loan B will mature in March 2032 and has an interest rate equal to the Secured Overnight Financing Rate (SOFR) plus 1.75% per annum. The Term Loan B was offered at 99.50% of par and is required to be repaid at 1.00% of its aggregate principal amount per annum. DraftKings will utilize the net proceeds of the Term Loan B for general corporate purposes. About DraftKings DraftKings Inc. is a digital sports entertainment and...

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Alset Inc. Announces Engagement with the Robotics Sector

BETHESDA, MD, March 04, 2025 (GLOBE NEWSWIRE) — Alset Inc. (NASDAQ: AEI) (the “Company”), a diversified company engaged through its subsidiaries in the development of EHome communities and other real estate, financial services, digital transformation technologies, biohealth activities and consumer products with operations in the United States, Singapore, Hong Kong and South Korea, is pleased to announce its strategic foray into the rapidly growing robotics sector, through a stake in Alset Robot Inc. (“Alset Robot”). Alset Robot is majority owned by the Company and certain subsidiaries of the Company, including the Company’s Singapore-based subsidiary Alset International Limited. The Company has set its sights on becoming a force in the robotics industry by delivering service solutions and offering a diverse portfolio of products...

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SEALSQ Issues CEO Letter to Shareholders

Geneva, Switzerland, March 04, 2025 (GLOBE NEWSWIRE) — SEALSQ Issues CEO Letter to Shareholders Geneva, Switzerland, March 4, 2025 — SEALSQ Corp (NASDAQ: LAES) (“SEALSQ” or “Company”), a company that focuses on developing and selling Semiconductors, PKI, and Post-Quantum technology hardware and software products, today issues a CEO Letter to Shareholders. Dear Shareholders, We are pleased to share an update on SEALSQ’s financial and strategic progress, highlighting significant advancements that strengthened its balance sheet and positioned the Company for sustained growth. Upcoming Release of SEALSQ’s 2024 Audited Financial ResultsSEALSQ will release its audited 2024 financial results on or before March 21, 2025. This will provide shareholders with a comprehensive overview of our financial performance,...

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