Month: May 2025

Foresight Financial Group Finalizes Legal Consolidation, Unifies Community Banks as Foresight Bank

Written by Customer Service on May 1, 2025. Posted in Public Companies.

WINNEBAGO, Ill., May 01, 2025 (GLOBE NEWSWIRE) — Foresight Financial Group is proud to announce the successful legal consolidation of its six community banks—German American State Bank, Northwest Bank of Rockford, State Bank of Freeport, Lena State Bank, State Bank of Davis, and State Bank of Herscher—into a single charter under the new name Foresight Bank. Each location will continue to operate under its familiar name, now proudly as a division of Foresight Bank. This unification marks an important milestone in strengthening the organization’s ability to deliver streamlined services, greater operational efficiency, and enhanced tools across all markets. “Bringing our six banks together under one charter as Foresight Bank allows us to better serve our customers and communities,” said Peter Q. Morrison, CEO of Foresight Bank. “This...

HII’s Ingalls Shipbuilding Hosts “Signing Day” for Shipbuilder Academy Graduates

Written by Customer Service on May 1, 2025. Posted in Public Companies.

PASCAGOULA, Miss., May 01, 2025 (GLOBE NEWSWIRE) — HII’s (NYSE: HII) Ingalls Shipbuilding hosted a “signing day” for the 2025 graduates of its Shipbuilder Academy at the shipyard Wednesday. This year, 43 students were offered full-time positions at Ingalls, marking the beginning of their careers with HII. The “signing day” coincided with National Apprenticeship Day, recognizing the importance of connecting individuals to meaningful careers and assisting employers in building a skilled workforce. Through hands-on training, mentorship, and classroom instruction, participants in the Ingalls Shipbuilding Academy (ISA) gain invaluable experience that prepares them with the skills and knowledge needed to excel in a shipbuilding career. “Through the Ingalls Shipbuilder Academy, we are developing the next generation of skilled professionals...

Toll Brothers Announces New Luxury Home Community Coming Soon to Elk Ridge, Utah

Written by Customer Service on May 1, 2025. Posted in Public Companies.

New single-family home community will offer expansive home sites with stunning views in the serene foothills of the southern Wasatch Mountains ELK RIDGE, Utah, May 01, 2025 (GLOBE NEWSWIRE) — Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, today announced its newest community, Toll Brothers at Elk Ridge, is coming soon to Elk Ridge, Utah. This exclusive Toll Brothers neighborhood, located at 598 E Birch Lane, will feature luxury single-family homes in the picturesque foothills of Elk Ridge, offering breathtaking mountain and valley views. Sales are anticipated to begin in summer 2025. Nestled in one of Utah County’s most coveted locations, Toll Brothers at Elk Ridge offers single- and two-story homes with 2 to 6 bedrooms and up to 5,889 square feet of living space. Home designs feature spacious indoor...

Check Point Software Technologies Receives Common Criteria EAL4+ Certification for Quantum Firewall Software R82

Written by Customer Service on May 1, 2025. Posted in Public Companies.

Certification expands global assurance for Check Point’s security platform, supporting trusted deployment in high-assurance environments across more than 30 nations REDWOOD CITY, Calif., May 01, 2025 (GLOBE NEWSWIRE) — Check Point Software Technologies Ltd. (NASDAQ: CHKP), a pioneer and global leader of cyber security solutions, today announced that its Quantum Firewall Software R82, the latest version of Check Point’s core network security software delivering advanced threat prevention and scalable policy management — has received Common Criteria EAL4+ certification, further reinforcing its position as a trusted security foundation for critical infrastructure, government, and defense organizations worldwide. “This certification reflects our continued investment in providing trusted and verifiable security to customers operating...

Zealand Pharma conference call on May 8 at 2pm CET (8am ET) to present first quarter 2025 financial results

Written by Customer Service on May 1, 2025. Posted in Public Companies.

Press Release – No. 7 / 2025 Zealand Pharma conference call on May 8 at 2pm CET (8am ET) to present first quarter 2025 financial results Copenhagen, Denmark, May 1, 2025 – Zealand Pharma A/S (Nasdaq Copenhagen: ZEAL) (CVR-no. 20045078), a biotechnology company focused on the discovery and development of innovative peptide-based medicines, announced that it will host a conference call on May 8, 2025, at 2:00 pm CET (8:00 am ET) following the announcement of financial results for the first quarter / first three months of 2025. Participating in the call will be President and Chief Executive Officer, Adam Steensberg; Chief Financial Officer, Henriette Wennicke; Chief Medical Officer, David Kendall; and Chief Commercial Officer, Eric Cox. The presentation will be followed by a Q&A session. The live listen-only audio webcast of the call...

CSW Industrials Completes Previously Announced Accretive, Synergistic Acquisition of Aspen Manufacturing

Written by Customer Service on May 1, 2025. Posted in Mergers And Acquisitions.

DALLAS, May 01, 2025 (GLOBE NEWSWIRE) — CSW Industrials, Inc. (Nasdaq: CSWI) (the “Company” or “CSW”) today announced the Company has completed the previously announced acquisition of Aspen Manufacturing for approximately $313.5 million in cash, utilizing cash on hand and borrowings under the existing $500 million revolving credit facility while maintaining sufficient liquidity and a strong balance sheet. The purchase price is approximately 11x Aspen Manufacturing’s 2024 adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) of $28.5 million. This strategic acquisition expands CSW Industrial’s HVAC/R product offering with the incorporation of Aspen Manufacturing’s market leading evaporator coils and air handlers. By leveraging CSW’s deep experience in the HVAC/R market, strong distribution channels, successful...

Nexalin Technology Initiates FDA Q-Submission Process for Gen-2 SYNC Following Encouraging Data and Preliminary FDA Feedback

Written by Customer Service on May 1, 2025. Posted in Public Companies.

Company initiates formal regulatory engagement on trial design for Alzheimer’s, dementia, and MCI indications HOUSTON, TX, May 01, 2025 (GLOBE NEWSWIRE) — Nexalin Technology, Inc. (Nasdaq: NXL; NXLIW) (the “Company” or “Nexalin”), today announced that it plans to submit a Q-Submission (“Q-Sub”) to the U.S. Food and Drug Administration (FDA) related to its Gen-2 SYNC system. This regulatory milestone is intended to facilitate structured dialogue with the FDA regarding clinical trial design for the treatment of Alzheimer’s disease, dementia, and mild cognitive impairment (MCI). The Company’s decision to proceed with the Q-Sub follows recent publications, a review of new encouraging internal data, and preliminary feedback received from the FDA. Nexalin believes this next phase of regulatory engagement marks a critical step toward...

WTW acquires U.S. West Coast trade credit insurance company, CFS International

Written by Customer Service on May 1, 2025. Posted in Public Companies.

NEW YORK, May 01, 2025 (GLOBE NEWSWIRE) — WTW (NASDAQ: WTW), a leading global advisory, broking and solutions company, today announced the acquisition of CFS International Inc. (CFS) into Willis, a WTW business. This targeted acquisition represents continued investment in the growing trade credit business, while concurrently expanding geographic coverage and presence on the U.S. West Coast.   Founded in 1990, CFS has specialized in delivering trade credit insurance solutions to global firms. Recognizing the growing need for effective credit risk management in an increasingly complex and competitive environment, CFS built its reputation on helping clients compete globally through tailored trade credit and trade finance programs.  Scott Burnett, Head of Corporate Mergers & Acquisitions for WTW’s Risk & Broking business,...

NewGenIVF Announces Reverse Stock Split

Written by Customer Service on May 1, 2025. Posted in Public Companies.

BANGKOK, May 01, 2025 (GLOBE NEWSWIRE) — NewGenIvf Group Limited (NASDAQ: NIVF) (“NewGen” or the “Company”), a comprehensive fertility services provider in Asia helping couples and individuals obtain access to fertility treatments, today announced that it is implementing a reverse stock split of all of the Company’s issued and unissued shares at an exchange ratio of one (1) share for ten (10) shares (the “Reverse Stock Split”). The Company’s Class A Ordinary Shares will begin trading on the Nasdaq Global Market on a post-Reverse Stock Split basis under the current ticker symbol “NIVF” at the commencement of trading on May 5, 2025, under the new CUSIP number G0544E121. The Reverse Stock Split will reduce the number of outstanding Class A Ordinary Shares of the Company from 7,302,819 to approximately 730,282 Class A Ordinary...

Park View OZ REIT Announces Revenue Growth in Annual Earnings Report

Written by Customer Service on May 1, 2025. Posted in Earnings Releases And Operating Results.

BOSTON, May 01, 2025 (GLOBE NEWSWIRE) — Park View OZ REIT (Stock Symbol: PVOZ), the only qualified opportunity fund with publicly traded stock, announced its annual earnings for the 2024 fiscal year. Park View OZ REIT’s earnings report for 2024 shows strong positive momentum. Revenue grew by 1500% in 2024 as compared to 2023. Moreover, the loss per share declined by approximately 85% in 2024 to $0.47 per share from $3.06 a share in 2023. The improved results were largely attributable to having more assets in service during the 2024 fiscal year. “We remain highly encouraged by the sustained momentum across our business, supported by strong leasing activity and robust demand trends,” says Michael Kelley, CEO of Park View OZ REIT. “Our properties continue to demonstrate that they are highly appealing to renters, which is reflected...

Month: May 2025

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