Day: March 19, 2025
Strasbourg and Düsseldorf, March 20, 2025
Crédit Mutuel Alliance Fédérale expands in Germany with the acquisition of OLB, making TARGOBANK a universal bancassurer
Crédit Mutuel Alliance Fédérale has reached a major milestone in the development of its banking and insurance model in Europe with the signature of an agreement to acquire 100% of German bank Oldenburgische Landesbank (OLB) via its subsidiary TARGO Deutschland GmbH (TARGOBANK).
This transaction, on a scale not seen since the acquisition of Citibank in Germany in 2008 (renamed TARGOBANK), demonstrates the solidity and ambitions of Crédit Mutuel Alliance Fédérale. Already present in Germany, the mutual banking group is strengthening its foothold in Europe’s largest economy.
This move accelerates TARGOBANK’s path to becoming...
JOYY Reports Fourth Quarter and Full Year 2024 Unaudited Financial Results
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
SINGAPORE, March 20, 2025 (GLOBE NEWSWIRE) — JOYY Inc. (NASDAQ: YY) (“JOYY” or the “Company”), a global technology company, today announced its unaudited financial results for the fourth quarter and full year of 2024.
Fourth Quarter 2024 Financial Highlights1Net revenues were US$549.4 million, compared to US$569.8 million in the corresponding period of 2023.
Net loss attributable to controlling interest of JOYY2 was US$304.1 million, compared to net income of US$45.8 million in the corresponding period of 2023. This result includes the impact of a US$454.9 million non-cash goodwill impairment charge. Adjusted for this particular non-cash impact, net income excluding goodwill impairment attributable to controlling interest of JOYY3 was US$71.1 million.
Non-GAAP net income attributable to controlling interest and common shareholders...
North American Construction Group Ltd. Announces Results for the Fourth Quarter and Year Ended December 31, 2024
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
ACHESON, Alberta, March 19, 2025 (GLOBE NEWSWIRE) — North American Construction Group Ltd. (“NACG”) (TSX:NOA/NYSE:NOA) today announced results for the fourth quarter and year ended December 31, 2024. Unless otherwise indicated, figures are expressed in Canadian dollars with comparisons to prior periods ended December 31, 2023.
Fourth Quarter 2024 Highlights:Combined revenue of $372.7 million, compared to $405.4 million in the same period last year. Reported revenue of $305.6 million, compared to $328.3 million in the same period last year, was generated by our wholly owned subsidiaries as incremental scopes and strong equipment utilization of 82% in Australia were more than offset by lower demand for our Canadian heavy equipment fleet when comparing to 2023 Q4.
Our net share of revenue from equity consolidated joint...
Meritage Homes First Quarter 2025 Earnings Conference Call and Webcast Scheduled for April 24, 2025
Written by Customer Service on . Posted in Public Companies.
SCOTTSDALE, Ariz., March 19, 2025 (GLOBE NEWSWIRE) — Meritage Homes Corporation (NYSE: MTH), the fifth largest public homebuilder in the U.S., plans to release the Company’s first quarter 2025 results on Wednesday, April 23, 2025 after the market closes. Management will host a conference call to discuss the results at 8:00 a.m. Pacific Standard Time (11:00 a.m. Eastern Standard Time) on Thursday, April 24, 2025.
To listen, please go to Meritage’s Investor Relations page for the live webcast or dial in to 1-877-407-6951 U.S. toll free or 1-412-902-0046. A replay will be available on the Investor Relations page.
About Meritage Homes Corporation
Meritage is the fifth-largest public homebuilder in the United States, based on homes closed in 2024. The Company offers energy-efficient and affordable entry-level and first move-up...
Pearl River Provides Update on Manufacturing Facility in Cambodia
Written by Customer Service on . Posted in Public Companies.
LONDON, Ontario, March 19, 2025 (GLOBE NEWSWIRE) — PEARL RIVER HOLDINGS LIMITED (“Pearl River”) (TSXV: PRH) is pleased to announce that, further to its July 24, 2024 news release, the manufacturing facility near Phnom Penh, Cambodia is open and fully operational. The facility was established to accommodate various customer requests for manufacturing outside of China and is expected to principally produce plastic coolers and other plastic products. Pearl River’s subsidiary (“Cambodia Corp.”) that is owned, as to 65% by Pearl River, with the remaining 35% held by partner with Cambodian experience, has received the necessary approvals from the Cambodian government to conduct business in Cambodia.
About Pearl River
Through its subsidiaries, Pearl River’s principal business is the manufacturing and distribution of plastic products...
ArrowMark Financial Corp. Releases Month End Estimated Net Asset Value as of February 2025
Written by Customer Service on . Posted in Public Companies.
DENVER, March 19, 2025 (GLOBE NEWSWIRE) — ArrowMark Financial Corp., (NASDAQ: BANX) (“ArrowMark Financial”), today announced that BANX’s estimated and unaudited Net Asset Value (“NAV”) as of February 28, 2025, was $22.04.
This estimated NAV is not a comprehensive statement of our financial condition or results for the month February 28, 2025.
About ArrowMark Financial Corp. ArrowMark Financial Corp. is an SEC registered non-diversified, closed-end fund listed on the NASDAQ Global Select Market under the symbol “BANX.” Its investment objective is to provide shareholders with current income. BANX pursues its objective by investing primarily in regulatory capital securities of financial institutions. BANX is managed by ArrowMark Asset Management, LLC. To learn more, visit ir.arrowmarkfinancialcorp.com, or contact Destra...
Zefiro Methane Corp. Sponsors 2025 Wall Street Green Summit in New York City
Written by Customer Service on . Posted in Public Companies.
Zefiro continues to maintain a high-visibility presence in the environmental commodities space while expanding its footprint as North America’s largest well plugging service provider
FORT LAUDERDALE, Fla., March 19, 2025 (GLOBE NEWSWIRE) — ZEFIRO METHANE CORP. (Cboe Canada: ZEFI) (Frankfurt: Y6B) (OTCQB: ZEFIF) (the “Company”, “Zefiro”, or “ZEFI”) today announced that the Company served as a lead sponsor of the 2025 Wall Street Green Summit, a leading industry conference that took place on March 18th and 19th at the Cornell Club in New York City.
The annual conference serves as an opportunity for energy sector investors, innovators, and thought leaders to discuss the latest trends surrounding climate tech investing and reporting, the carbon markets, and powering a clean energy economy, among other topics. In his capacity as X Machina...
Itafos Reports Outstanding Operational and Financial Q4 and FY 2024 Results
Written by Customer Service on . Posted in Dividend Reports And Estimates.
HOUSTON, March 19, 2025 (GLOBE NEWSWIRE) — Itafos Inc. (TSX-V: IFOS) (the “Company”) today reported its Q4 2024 and full year 2024 financial results and provided a corporate update. The Company’s financial statements and management’s discussion and analysis for the three months and year ended December 31, 2024 are available under the Company’s profile at www.sedarplus.ca and on the Company’s website at www.itafos.com. All figures are in thousands of US Dollars except as otherwise noted.
CEO Commentary
Chief Executive Officer David Delaney commented, “2024 marked another year of outstanding performance from both operational and financial perspectives. Conda production exceeded 2023 production levels, despite an additional 12 days of planned maintenance and at Arraias sulfuric acid production increased by 26.6% compared to last year....
Pacific Health Care Organization, Inc. Reports its 2024 Year-End Financial Results
Written by Customer Service on . Posted in Public Companies.
Irvine, CA, March 19, 2025 (GLOBE NEWSWIRE) — Pacific Health Care Organization, Inc., (the “Company”) (OTCQB: PFHO) today filed with the Securities and Exchange Commission (the “Commission”) its annual report on Form 10-K announcing its financial results for the fiscal year ended December 31, 2024.
Results
The Company reported total revenues of $6,065,390 for the year ended December 31, 2024 (“fiscal year 2024”), compared to $5,629,918 for the year ended December 31, 2023 (“fiscal year 2023”).
The Company reported income from operations of $852,623 for fiscal year 2024, compared to income from operations of $678,535 for fiscal year 2023.
The Company realized net income of $883,584 or $0.07 per weighted average share outstanding, basic and diluted, for fiscal year 2024, compared to net income of $767,928 or $0.06 per...
Euro Manganese’s Chvaletice Project Declared Strategic Deposit by Czech Government
Written by Customer Service on . Posted in Public Companies.
VANCOUVER, British Columbia, March 19, 2025 (GLOBE NEWSWIRE) — Euro Manganese Inc. (TSX-V and ASX: EMN; OTCQB: EUMNF; Frankfurt: E06) (the “Company”) today announced that the manganese deposit at its Chvaletice Manganese Project (the “Chvaletice Project” or the “Project”) has been declared a strategic deposit (“Strategic Deposit”) by the Czech government.
HighlightsChvaletice Manganese deposit designated a Strategic Deposit by the Czech government under the Czech Mining Act amendments
Recognizes the importance of manganese as both a strategic and critical raw material for the Czech Republic
Designation expedites and enhances predictability of permitting process
Obtaining this status is the crucial prerequisite for receiving a state investment incentive in the form of a grantStrategic Deposit...