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Day: May 13, 2025

Winnebago Industries Named One of America’s Most Trustworthy Companies by Newsweek for 2025

EDEN PRAIRIE, Minn., May 13, 2025 (GLOBE NEWSWIRE) — Winnebago Industries (NYSE: WGO) has been recognized by Newsweek as one of America’s Most Trustworthy Companies for 2025. This marks the second consecutive year that Winnebago Industries has earned this distinction, reinforcing the company’s commitment to integrity, quality, and customer trust. The Newsweek rankings are based on an independent survey of more than 25,000 U.S. consumers, assessing companies on key pillars of trust: customer trust, employee trust and investor trust. “At Winnebago Industries, we believe that trust is built through unwavering dedication to our employees, customers and communities,” said President and CEO, Michael Happe. “We are proud to again be recognized as one of the America’s most trustworthy companies. This recognition reflects our continued...

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Valeo announces a new green bond issue for an amount of 650 million euros with maturity May 2031

Valeo announces a new green bond issue for an amount of 650 million euros with maturity May 2031 Paris, May 13, 2025 – Valeo announced the placement of new green bonds maturing May 20, 2031 for an amount of 650 million euros. This issue raised 650 million euros in bonds maturing in 6 years with a coupon of 5.125%. BNP Paribas, Crédit Agricole CIB, CIC, Helaba, ING and Mizuho and acted as Joint Active Bookrunners. The net proceeds of the transaction will be used for financing projects and investments linked to the portfolio of technologies that contribute to low-carbon mobility, in particular vehicle electrification.  The green bonds are issued under Valeo’s Green and Sustainability-linked Financing framework, established in July 2021 and updated in September 2023, available on Valeo’s website in the “Debt and rating” section. A fifth...

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Atlantic American Corporation Reports First Quarter Results for 2025

ATLANTA, May 13, 2025 (GLOBE NEWSWIRE) — Atlantic American Corporation (Nasdaq- AAME) today reported net income of $0.8 million, or $0.03 per diluted share, in the first quarter of 2025 compared to net loss of ($2.0) million, or ($0.10) per diluted share, in the first quarter of 2024. The increase in net income for the first quarter of 2025 was primarily the result of an increase in premium revenue and favorable loss experience in the Company’s life and health operations. Premium revenue for the three month period ended March 31, 2025 increased $2.4 million, or 5.3%, to $46.9 million from $44.6 million in the three month period ended March 31, 2024. The Company reported operating income (as defined below) of $0.3 million in the three month period ended March 31, 2025 compared to operating loss of ($2.4) million in the three month...

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Alumis Stockholders Approve Merger with ACELYRIN

SOUTH SAN FRANCISCO, Calif., May 13, 2025 (GLOBE NEWSWIRE) — Alumis Inc. (Nasdaq: ALMS), a clinical-stage biopharmaceutical company developing therapies using a precision approach to optimize clinical outcomes and significantly improve the lives of patients with immune-mediated diseases, today announced that its stockholders voted to approve all proposals required to be approved in connection with the pending merger with ACELYRIN, INC. (Nasdaq: SLRN) at its Special Meeting of Stockholders. Martin Babler, President, Chief Executive Officer and Chairman of Alumis, said, “We thank our stockholders for their support for the merger and with this milestone now complete, we are moving expeditiously toward closing. We are looking forward to maximizing the value of our portfolio and advancing breakthroughs in immune-mediated diseases with...

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ACELYRIN Stockholders Approve Merger with Alumis to Create Clinical Biopharma Company Dedicated to Innovating, Developing and Commercializing Transformative Therapies for Immune-mediated Diseases

LOS ANGELES, May 13, 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 at the Company’s special meeting of stockholders held earlier today, its stockholders voted to approve the adoption of the Company’s merger agreement with Alumis Inc. (Nasdaq: ALMS). As previously announced, under the terms of the amended merger agreement, ACELYRIN stockholders will receive 0.4814 shares of Alumis common stock for each share of ACELYRIN common stock owned at the closing of the transaction. “We appreciate our stockholders’ support for our merger with Alumis, reflecting confidence that the merger is the most value-maximizing path forward,” said Mina Kim, Chief Executive Officer of ACELYRIN....

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VERB Publishes Management’s Prepared Remarks From Its First Quarter 2025 Earnings Call

LAS VEGAS, May 13, 2025 (GLOBE NEWSWIRE) — Verb Technology Company, Inc. (Nasdaq: VERB) (“VERB” or the “Company”), Transforming the Landscape of Social Commerce, Social Telehealth and Social Crowdfunding with MARKET.live; LyveCom; VANITYPrescribed; GoodGirlRx; and the GO FUND YOURSELF TV Show, today filed its Form 10-Q reporting financial and operating results for the quarter ending March 31, 2025 and held an earnings conference call at 1 p.m. ET to discuss these results. Prepared remarks during the conference call of Rory J. Cutaia, the Company’s Chairman & CEO, are provided below. Management Prepared Remarks VERB 2025 First Quarter Financial Results Conference Call Tuesday, May 13, 2025, 1 p.m. ET Company ParticipantRory J. Cutaia, CEO Operator: Good afternoon and welcome to the first quarter 2025...

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Jeffersonville Bancorp Announces First Quarter Earnings of $2,718,000 or $0.64 per share; Declares Dividend of $0.15

JEFFERSONVILLE, N.Y., May 13, 2025 (GLOBE NEWSWIRE) — Jeffersonville Bancorp, Inc. (OTCQB – JFBC) announced today first quarter net income of $2,718,000 or $0.64 per share compared to $2,553,000 or $0.60 per share for the same quarter in 2024. The increase in quarterly net income compared to 2024 of $165,000 was primarily attributable to a decrease in interest expense of $621,000, an increase in loan interest and fees of $328,000, and an increase in non-interest income of $102,000. The increase was partially offset by a decrease in other interest income of $666,000, an increase in tax expense of $46,000, in salaries and employee benefits of $43,000, and in other non-interest expense of $33,000. “The Company retired all wholesale funding by the end of 2024, reducing forward interest expense from already low levels.”...

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Santech Holdings Limited Files Its Fiscal Year 2024 Annual Report on Form 20-F

HONG KONG, May 13, 2025 (GLOBE NEWSWIRE) — Santech Holdings Ltd. (“Santech” or the “Company”) (NASDAQ: STEC) today announced that it has filed its annual report containing its audited combined financial statements for the fiscal year ended June 30, 2024 on Form 20-F with the Securities and Exchange Commission (the “SEC”) on May 13, 2025 Eastern Time. The annual report can be accessed on Santech’s investor relations website at https://ir.santechholdings.com and on the SEC’s website at http://www.sec.gov. The Company will provide hard copies of the annual report, free of charge, to its shareholders and ADS holders upon request. Requests should be sent to ir@santechholdings.com. About Santech Holdings Limited Santech Holdings Limited (NASDAQ: STEC) is a technology-focused company. The Company historically...

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Mexco Energy Corporation Declares Dividend on Common Shares

MIDLAND, TX, May 13, 2025 (GLOBE NEWSWIRE) — Mexco Energy Corporation (NYSE American: MXC) announced today that its Board of Directors declared a regular annual cash dividend of $0.10 per common share. The dividend is payable June 16, 2025 to the stockholders of record at the close of business on June 2, 2025. Mexco Energy Corporation, a Colorado corporation, is an independent oil and gas company located in Midland, Texas engaged in the acquisition, exploration and development of oil and gas properties primarily in the Permian Basin. For more information on Mexco Energy Corporation, go to www.mexcoenergy.com. Dividends are authorized and determined by the Company’s Board of Directors in its sole discretion. Decisions regarding the payment of dividends are subject to a number of considerations at the time, including without...

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FAVO Capital Announces Participation in the D. Boral Capital Inaugural Global Conference

FORT LAUDERDALE, Fla., May 13, 2025 (GLOBE NEWSWIRE) — via IBN — FAVO Capital, Inc. (OTC: FAVO) (“FAVO Capital” or the “Company”), a leading provider of revenue-based funding solutions for small and medium-sized businesses (SMBs), today announced that it will participate in the D. Boral Capital Inaugural Global Conference, where Shaun Quin, President of FAVO Capital, will engage with potential investors and highlight the Company’s growth strategy and market opportunities. Conference Details:Date: Wednesday, May 14, 2025 Location: New York City Venue: The Plaza Hotel“We are looking forward to engaging with potential investors and learning what exactly the industry is looking for in a company about to IPO”. Said Vincent Napolitano, CEO of FAVO Capital, he added, “We believe this platform will showcase...

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