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Year: 2025

Vornado’s Retail JV Completes $350 Million Transaction with UNIQLO

NEW YORK, Jan. 08, 2025 (GLOBE NEWSWIRE) — Vornado Realty Trust (NYSE:VNO) announced today that its 52% owned street retail joint venture has completed the previously announced sale to UNIQLO of the portion of its U.S. flagship store at 666 Fifth Avenue owned by the retail joint venture for $350 million. The joint venture continues to own 23,832 square feet of retail space (7,416 square feet at grade) at 666 Fifth Avenue consisting of the Abercrombie & Fitch and Tissot stores. The $342 million of net proceeds from the sale were used to partially redeem Vornado’s $390 million of preferred equity on the asset. Vornado Realty Trust is a fully-integrated equity real estate investment trust. CONTACT Thomas J. Sanelli(212) 894-7000 Certain statements contained herein may constitute “forward-looking statements” within the meaning...

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Toll Brothers Announces New Luxury Home Community Coming Soon to Bellevue, Washington

BELLEVUE, Wash., Jan. 08, 2025 (GLOBE NEWSWIRE) — Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, today announced its newest Seattle-area community, Enclave at Kelsey Creek, is coming soon to Bellevue, Washington. This boutique Toll Brothers neighborhood will include only 11 sophisticated, greenbelt homes in the esteemed Bellevue School District. Home construction is underway, and the community is anticipated to open for sale in spring 2025. Enveloped by 17 acres of green space, Enclave at Kelsey Creek will provide home buyers with the ideal blend of serenity and convenience in a sought-after setting. This exclusive community will offer contemporary 4-bedroom, 3.5-bath homes with 2-car garages ranging from 2,864 to 3,019+ square feet. Home designs will feature versatile flex rooms perfect for home...

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Orchid Island Capital Announces Estimated Fourth Quarter 2024 Results January 2025 Monthly Dividend and December 31, 2024 RMBS Portfolio Characteristics

January 2025 Monthly Dividend of $0.12 Per Share of Common Stock Estimated Book Value Per Share as of December 31, 2024 of $8.09 Estimated GAAP net income of $0.07 per share for the quarter ended December 31, 2024, including an estimated $0.02 per share of net realized and unrealized gains on RMBS and derivative instruments     Estimated 0.6% total return on equity for the quarter ended December 31, 2024   Estimated book value, net income and total return on equity amounts are preliminary, subject to change, and subject to review by the Company’s independent registered public accounting firm   RMBS Portfolio Characteristics as of December 31, 2024 Next Dividend Announcement Expected February 12, 2025VERO BEACH, Fla., Jan. 08, 2025 (GLOBE NEWSWIRE) — Orchid Island Capital, Inc. (the “Company”) (NYSE: ORC) announced today that...

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NurExone Biologic Secures Master Cell Bank

A Key Milestone for Therapeutic Exosome Production TORONTO and HAIFA, Israel, Jan. 08, 2025 (GLOBE NEWSWIRE) — NurExone Biologic Inc. (TSXV: NRX), (OTCQB: NRXBF), (Germany: J90) (“NurExone” or the “Company“), a developer of exosome-based therapies for regenerative medicine, is pleased to announce that it has acquired a master cell bank from a U.S. manufacturer for an undisclosed amount (the “Acquisition”). The Acquisition marks a major step in ensuring a stable and scalable supply chain for production of exosome-based therapies for clinical needs and eventual patient treatment. The master cell bank provides a well-characterized, Good Manufacturing Practices (“GMP”) grade and exclusive source of human bone marrow mesenchymal stem cells (“MSCs”), the foundation for producing exosomes. The acquired master cell...

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Saratoga Investment Corp. Announces Fiscal Third Quarter 2025 Financial Results

Reports 1.1% Sequential Quarter Increase in Adjusted NII per Share (Excluding the Effect of the One-Time Interest Reserve Reversal) and Grows LTM ROE to 9.2% Reports Strong Deployments of $84.5 Million, Supporting Two New Platforms and Eight Existing Portfolio Companies, Offset by Repayments __________________________________________ NEW YORK, Jan. 08, 2025 (GLOBE NEWSWIRE) — Saratoga Investment Corp. (NYSE: SAR) (“Saratoga Investment” or “the Company”), a business development company (“BDC”), today announced financial results for its 2025 fiscal third quarter ended November 30, 2024. Summary Financial Information The Company’s summarized financial information is as follows:  For the three months ended and as of($ in thousands, except per share) November 30, 2024   August 31, 2024   November 30, 2023  Assets Under Management...

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Ethan Allen Announces Earnings Release Date for its Fiscal 2025 Second Quarter Results

DANBURY, CT, Jan. 08, 2025 (GLOBE NEWSWIRE) — Ethan Allen Interiors Inc. (“Ethan Allen” or the “Company”) (NYSE: ETD) today announced that it will release its financial and operating results for the fiscal 2025 second quarter ended December 31, 2024, after the market closes on Wednesday, January 29, 2025. Following the earnings release, the Company will host a conference call with investors and analysts at 5:00 PM (Eastern Time) to discuss these results. The conference call will be webcast live from the Company’s Investor Relations website at https://ir.ethanallen.com. The following information is provided for those who would like to participate in the conference call:U.S. Participants:                              877-705-2976 International Participants:            201-689-8798 Meeting Number:                            13750115For...

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Nokia Corporation: Repurchase of own shares on 08.01.2025

Nokia CorporationStock Exchange Release8 January 2025 at 22:30 EET Nokia Corporation: Repurchase of own shares on 08.01.2025 Espoo, Finland – On 8 January 2025 Nokia Corporation (LEI: 549300A0JPRWG1KI7U06) has acquired its own shares (ISIN FI0009000681) as follows:Trading venue (MIC Code) Number of shares Weighted average price / share, EUR*XHEL 872,093 4.48CEUX – –BATE – –AQEU – –TQEX – –Total 872,093 4.48* Rounded to two decimals On 22 November 2024, Nokia announced that its Board of Directors is initiating a share buyback program to offset the dilutive effect of new Nokia shares issued to the shareholders of Infinera Corporation and certain Infinera Corporation share-based incentives. The repurchases in compliance with the Market Abuse Regulation (EU) 596/2014 (MAR),...

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VivoPower Recognised as a 2025 Real Leaders Top Impact Company

VivoPower ranks in the top impact companies globally for the 5th year in a row For 2025 onwards, Real Leaders Top Impact Companies competition rules apply stricter criteria Recognition reflects VivoPower’s commitment to its core purpose and status as a leading B Corp LONDON, Jan. 08, 2025 (GLOBE NEWSWIRE) — VivoPower International PLC (Nasdaq: “VVPR”) (the “Company” or “VivoPower”) is pleased to announce its inclusion in the prestigious Real Leaders Top Impact Companies for 2025. This accolade recognizes VivoPower’s unwavering commitment to driving positive change through innovation, environmental stewardship, and social responsibility. As a certified B Corporation, VivoPower operates at the intersection of purpose and profit, demonstrating that businesses can thrive while making a measurable difference in the world. The...

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Willis Aviation Services Limited Selected by Jet2.com for Expert MRO Services in UK

Third Largest Airline in the UK Partners with Willis to Ensure Continued Fleet ReliabilityJet2.comAircraftCOCONUT CREEK, Fla., Jan. 08, 2025 (GLOBE NEWSWIRE) — Willis Lease Finance Corporation (NASDAQ: WLFC) (“WLFC” or the “Company”), the leading lessor of commercial aircraft engines and global provider of aviation services, announces its subsidiary, Willis Aviation Services Limited (“WASL”), a leading aircraft maintenance, repair and overhaul (“MRO”) provider, has entered into a long-term General Terms Agreement (“GTA”) and volume commitment with leading leisure airline Jet2.com (“Jet2”) to perform C Checks on Jet2’s B737NG aircraft. Leveraging its expertise and advanced capabilities, WASL will deliver these heavy base maintenance services at its growing state-of-the-art facility at Teesside International Airport in...

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UAV Corp. (UMAV) Further Reduces Authorized Shares to 500 Million

Company Secures $20 Million Funding Commitment to Advance Aerospace & Defense InitiativesWEWAHITCHKA-PORT ST JOE, Fla., Jan. 08, 2025 (GLOBE NEWSWIRE) — UAV Corp. (OTC: UMAV), a leader in innovative manned and unmanned aerial vehicle (UAV) technologies, is pleased to announce an additional reduction in its authorized share count. Building upon the strategic reduction announced on December 16, 2024, the Company’s Board of Directors has approved a further decrease of 300 million authorized shares, lowering the total from 800 million to 500 million. This decision comes in response to shareholder support for the Company’s previous reduction, which saw a decrease of 1.2 billion shares, reducing the authorized share count from 2 billion to 800 million. The latest adjustment demonstrates UAV Corp.’s ongoing commitment to optimizing...

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