Month: April 2025

Bassett Reports Fiscal First Quarter Results

Written by Customer Service on April 2, 2025. Posted in Earnings Releases And Operating Results.

BASSETT, Va., April 02, 2025 (GLOBE NEWSWIRE) — Bassett Furniture Industries, Inc. (Nasdaq: BSET) reported today its results of operations for its first quarter ended March 1, 2025. The first quarter for the Company’s Fiscal Year 25 had 13 weeks as compared to 14 weeks in Fiscal Year 24. Q1 Consolidated Business Highlights: [FY 25 vs. FY 24, unless otherwise specified]Revenues decreased 5.1% from the prior year quarter, which contained an additional week. Normalizing the first fiscal quarter of 2024 to adjust for the additional week, sales revenue for the first quarter of fiscal 2025 increased 2.2%. Operating income was $2.5 million or 3.0% of sales as compared to a loss of $(2.4) million for the prior year quarter. Improved wholesale margins in the quarter drove Company gross margin to 57.0%, a 170 basis point increase over...

First Hawaiian to Report First Quarter 2025 Financial Results on April 23, 2025

Written by Customer Service on April 2, 2025. Posted in Earnings Releases And Operating Results.

HONOLULU, April 02, 2025 (GLOBE NEWSWIRE) — First Hawaiian, Inc. (NASDAQ: FHB) announced today that it plans to release its first quarter 2025 financial results on Wednesday, April 23, 2025 before the market opens. First Hawaiian will host a conference call to discuss the company’s results on the same day at 1:00 p.m. Eastern Time (7:00 a.m. Hawaii Time). To access the call by phone, participants will need to click on the following registration link: https://register-conf.media-server.com/register/BI13d3259b1b3b46188926f83e1bbe1316, register for the conference call, and then you will receive the dial-in number and a personalized PIN code. To avoid delays, we encourage participants to dial into the conference call fifteen minutes ahead of the scheduled start time. A live webcast of the conference call, including a slide presentation,...

Occidental to Announce First Quarter Results Wednesday, May 7, 2025; Hold Conference Call Thursday, May 8, 2025

Written by Customer Service on April 2, 2025. Posted in Public Companies.

HOUSTON, April 02, 2025 (GLOBE NEWSWIRE) — Occidental (NYSE: OXY) will announce its first quarter 2025 financial results after close of market on Wednesday, May 7, 2025, and will hold a conference call to discuss the results on Thursday, May 8, 2025, at 1 p.m. Eastern/12 p.m. Central. The conference call may be accessed by calling 1-866-871-6512 (international callers dial 1-412-317-5417) or via webcast at oxy.com/investors. Participants may pre-register for the conference call at https://dpregister.com/sreg/10197735/feb22db66a. First quarter 2025 financial results will be available through the Investor Relations section of the company’s website. A recording of the webcast will be posted on the website within several hours after the call is completed. About Occidental Occidental is an international energy company with assets primarily...

Precision Drilling Corporation Announces Filing of Management Information Circular and Virtual-Only Annual and Special Meeting of Shareholders

Written by Customer Service on April 2, 2025. Posted in Public Companies.

CALGARY, Alberta, April 02, 2025 (GLOBE NEWSWIRE) — Precision Drilling Corporation (Precision or the Company) (TSX:PD; NYSE:PDS) announces today the filing of its Management Information Circular (the Circular) issued in connection with the 2025 Annual and Special Meeting of Shareholders (the Annual Meeting). A copy of the Circular can be downloaded from the Company’s SEDAR+ profile at www.sedarplus.ca and the Company’s EDGAR profile at www.sec.gov. The Circular is also available on Precision’s website at www.precisiondrilling.com. Precision’s Annual Meeting will be held on Thursday, May 15, 2025, at 10:00 a.m. (Mountain Time) for holders of its common shares (Shareholders). The Annual Meeting will be held in a virtual-only meeting format. The meeting will provide all Shareholders an equal opportunity to participate in the Annual...

Uniti Group Inc. Stockholders Approve Proposed Merger with Windstream Holdings II, LLC

Written by Customer Service on April 2, 2025. Posted in Mergers And Acquisitions.

LITTLE ROCK, Ark., April 02, 2025 (GLOBE NEWSWIRE) — Uniti Group Inc. (“Uniti” or the “Company”) (Nasdaq: UNIT) announced today that its stockholders voted to approve the previously announced proposed merger with an affiliate of Windstream Holdings II, LLC (“Windstream”) and certain other related proposals at a special meeting of the Company’s stockholders. Over 90% of the shares of Uniti common stock present and represented at the special meeting voted in favor of the proposed merger. The final voting results for the special meeting will be filed in a Form 8-K with the U.S. Securities and Exchange Commission on April 2, 2025. As previously announced, under the terms of the definitive merger agreement, an affiliate of Windstream will merge with and into Uniti, with Uniti surviving the merger as an indirect, wholly owned subsidiary...

NANOBIOTIX Provides Business Update and Reports Full Year 2024 Financial Results

Written by Customer Service on April 2, 2025. Posted in Earnings Releases And Operating Results.

Global development program for JNJ-1900 (NBTXR3) proceeding as planned, with opportunity to address one of the largest untapped markets in oncology through lead programs in head and neck cancer and lung cancer Disciplined financial strategy toward long-term sustainability and growth continues to strengthen financial position through focused allocation of capital, the receipt of a planned milestone payment, the transfer of sponsorship for NANORAY-312, and an amendment to the global licensing agreement for JNJ-1900 (NBTXR3) Curadigm, a next generation nanotherapeutic platform designed to reshape drug design and development across multiple therapeutic classes and disease areas, has launched Cash runway extended into mid-2026 and reduction of operational cash burn expected beyond mid-2026 with €49.7 million in cash and cash equivalents as...

XAI Octagon Floating Rate & Alternative Income Trust Declares its Quarterly Preferred Shares Dividend

Written by Customer Service on April 2, 2025. Posted in Dividend Reports And Estimates.

CHICAGO, April 02, 2025 (GLOBE NEWSWIRE) — XAI Octagon Floating Rate & Alternative Income Trust (the “Trust”) has declared its preferred dividends for the quarter of $0.40625 per share of the Trust’s 6.50% Series 2026 Term Preferred Shares (NYSE: XFLTPRA). The following dates apply to each declaration:Share Class Ex-Dividend Date Record Date Payable Date Amount Change from Previous DeclarationXFLTPRA April 14, 2025 April 14, 2025 April 30, 2025 $0.40625 No Change1 The Trust’s net investment income and capital gain can vary significantly over time; however, the Trust seeks to maintain more stable common share monthly distributions over time. The Trust’s investments in CLOs are subject to complex tax rules and the calculation of taxable income attributed to an investment in CLO subordinated notes can be...

CTR Investments & Consulting Inc. Completes Acquisition of Shibue Couture, Inc.

Written by Customer Service on April 2, 2025. Posted in Mergers And Acquisitions.

PALM DESERT, Calif., April 02, 2025 (GLOBE NEWSWIRE) — CTR Investments & Consulting, Inc. (OTC Pink: (CIVX) is pleased to announce that it recently closed the transaction whereby it acquired Shibue Couture, Inc., a California corporation. Shibue Couture, Inc., (www.shibuecouture.com) is a Huntington Beach, California-based designer, manufacturer, and seller of women’s intimate apparel. It was formed in 2008 and is best known for its groundbreaking Shibue “No-Line” Strapless Panty, which has revolutionized both the fashion industry and solved the problem of visible panty-lines for everyday women. The Shibue products are currently available in a number of nationwide retail stores and online. CTR Investments & Consulting, Inc. intends to capitalize on its newly established, but well-experienced, marketing and Internet sales...

Marex Completes Acquisition of Aarna Capital as it Expands in the Middle East

Written by Customer Service on April 2, 2025. Posted in Mergers And Acquisitions.

LONDON, April 02, 2025 (GLOBE NEWSWIRE) — Marex Group plc, the diversified global financial services platform, today announces the completion of its acquisition of Aarna Capital Limited (“Aarna Capital”) expanding its operations in the Middle East and growing its clearing business, in line with its strategy to broaden its client base, diversify its operations and increase earnings resilience. Based in Abu Dhabi, Aarna Capital provides clearing, execution and customised risk management solutions in energy, base and ferrous metals, as well as financial markets such as equities, fixed income and FX. About Marex: Marex Group plc (NASDAQ: MRX) is a diversified global financial services platform providing essential liquidity, market access and infrastructure services to clients across energy, commodities and financial markets. The Group...

Cyclacel Pharmaceuticals Reports Fourth Quarter Financial Results and Provides Business Update

Written by Customer Service on April 2, 2025. Posted in Earnings Releases And Operating Results.

BERKELEY HEIGHTS, N.J., April 02, 2025 (GLOBE NEWSWIRE) — Cyclacel Pharmaceuticals, Inc. (NASDAQ: CYCC, NASDAQ: CYCCP; “Cyclacel” or the “Company”), a biopharmaceutical company developing innovative medicines, today announced fourth quarter financial results and provided a business update. “As part of Cyclacel’s efforts to reduce operating costs, it has determined to focus on the development of plogosertib, a polo-like kinase 1 (PLK 1) inhibitor for treatment of advanced cancers and hematological malignancies, which we acquired on March 10, 2025, from Cyclacel Limited, our wholly-owned subsidiary that is currently in liquidation,” said Datuk Dr. Doris Wong Sing Ee, Chief Executive Officer and Executive Director. “Our new, alternative salt, oral formulation of plogosertib with improved bioavailability is under development.” “The...

Month: April 2025

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