Articles from Business Wire

VeriSilicon (688521.SH) today announced the joint launch of the second-generation Yunbao series 5G RedCap/4G LTE dual-mode modem IP, Yunbao 2, in collaboration with Innobase, a wireless communication technology and chip provider. This new modem IP has successfully completed production validation.

Tamboran Resources Corporation Managing Director and CEO, Joel Riddle, said:

Mid Penn Bancorp, Inc. (NASDAQMPB) ("Mid Penn"), the parent company of Mid Penn Bank (the "Bank") and MPB Financial Services, LLC, today reported net income available to common shareholders ("earnings") for the quarter ended December 31, 2024, of $13.2 million, or $0.72 per diluted common share, compared to net income of $12.1 million, or $0.73 per diluted common share, for the fourth quarter of 2023, and a consensus analyst estimate of $0.71 per diluted common share for the fourth quarter of 2024.

Gibson Dunn, along with its co-counsel Homburger AG, recently submitted two additional briefs in the Federal Supreme Court of Switzerland in response to arguments presented by the Romanian Gymnastics Federation, the International Gymnastics Federation (“FIG”), and the Court of Arbitration for Sport (“CAS”). These filings are a part of the continued efforts to ensure that Chiles’s bronze medal in the floor exercise at the 2024 Olympic Games is rightfully restored.

Northern Trust Corporation (Nasdaq: NTRS), holding company of The Northern Trust Company, has declared a quarterly cash dividend of $0.75 per share on its common stock ($1.66-2/3 par value), payable on April 1, 2025, to holders of record at 5:00 p.m., Chicago time, on March 14, 2025.

The Boards of Directors of Flaherty & Crumrine Preferred and Income Fund Incorporated (NYSEPFD), Flaherty & Crumrine Preferred and Income Opportunity Fund Incorporated NYSE: PFONYSEPFO)(NYSE: FFCNYSEFFC, Flaherty & Crumrine Total Return Fund Incorporated (NYSE: FLCNYSE) and Flaherty & Crumrine Dynamic Preferred and Income Fund Incorporated (NYSE: DFPDFP) today announced that they have declared per share dividends for February, March and April 2025. These announcements are detailed below:

Redwood Credit Union (RCU) is proud to announce its 75th anniversary with a yearlong celebration in 2025. RCU began in Santa Rosa in 1950 and has since expanded to serve 8 local counties, with 22 branches throughout Sonoma, Napa, Lake, Mendocino, San Francisco, and Marin counties, including a brand new branch in San Anselmo.

Rosen Law Firm, a global investor rights law firm, announces that a shareholder filed a class action on behalf of all purchasers of common stock of FTAI Aviation Ltd. (NASDAQFTAI) between July 23, 2024, and January 15, 2025. FTAI describes itself as a “leading integrated full-service provider of aftermarket power and maintenance for the most widely-used commercial jet engines.”

The international community must prioritize cooperation and dialogue to overcome the challenges of a fragmented world, the Saudi delegation to the World Economic Forum (WEF) Annual Meeting 2025 said today.

The Washington State Department of Natural Resources (DNR) recently selected VisualVault, LLC to develop a cloud software solution to manage forest practices applications and notifications. The award represents the culmination of the previously issued public request for proposals and competitive bidding process.

Northern Trust (Nasdaq: NTRS) announced today the appointments of Robert (Bob) Moritz and Richard (Rick) Petrino to its board of directors. Moritz, the former global chairman of PricewaterhouseCoopers (PwC), will join the Northern Trust Board of Directors effective March 1, 2025. Petrino, a former American Express Company executive, joins effective immediately.

Amerant Bancorp Inc. (NYSEAMTB) (the “Company” or “Amerant”) today reported a net income attributable to the Company of $16.9 million in the fourth quarter of 2024, or $0.40 per diluted share, compared to a net loss of $48.2 million, or $1.43 loss per diluted share, in the third quarter of 2024. Net loss attributable to the Company was $15.8 million for the full-year 2024, or $0.44 per diluted share, compared to net income of $32.5 million, or $0.96 per diluted share, for the full-year 2023.

First Internet Bancorp (the “Company”) (Nasdaq: INBK), the parent company of First Internet Bank (the “Bank”), announced today financial and operational results for the fourth quarter and full year ended December 31, 2024.

GoodRx Holdings, Inc. (Nasdaq: GDRX) ("we," "us," "our," “GoodRx” or the “Company”), the leading prescription savings platform in the U.S., today announced that Scott Wagner has joined its Board of Directors, effective January 21, 2025. Mr. Wagner, who recently led GoodRx as its Interim Chief Executive Officer from April 2023 to January 2025, has been appointed as Co-Chair of the Board and will serve alongside existing Co-Chair Trevor Bezdek.

SSR Mining Inc. (Nasdaq/TSX: SSRM; ASX: SSR) (“SSR Mining” or the “Company”) announces the date for its fourth quarter and full-year 2024 consolidated financial results news release and conference call. Investors, media and the public are invited to listen to the conference call.

Nuveen Churchill Direct Lending Corp. (the “Company,” “we,” “us,” or “our”) (NYSENCDL) today announced that it has closed a public offering of $300.0 million aggregate principal amount of 6.650% unsecured notes due 2030 (the “Notes”), which resulted in net proceeds to the Company of approximately $296.0 million, after deducting the underwriting discount and the estimated offering expenses payable by the Company.

Nuveen Churchill Direct Lending Corp. (NYSENCDL) (“NCDL” or “the Company”), today announced it will report its financial results for the fourth quarter and full year ended December 31, 2024, on Thursday, February 27, 2025, before the market opens. The Company will host an earnings conference call and public webcast at 11:00 AM Eastern Time the same day to discuss its financial results.

Comstock Holding Companies, Inc. (Nasdaq: CHCI) (“Comstock”), a leading asset manager, developer, and operator of mixed-use and transit-oriented properties in the Washington, D.C. region, announced today the signing of a new 4,700-square-foot retail lease with Healthy Baller, a performance and strength training company, at 11400 Commerce Park Drive in Reston Station’s Commerce District.

Equity Bancshares, Inc. (NYSEEQBK), (“Equity”, “the Company,” “we,” “us,” “our”), the Wichita-based holding company of Equity Bank, reported net income of $17.0 million or $1.04 earnings per diluted share for the quarter ended December 31, 2024.

Amerant Bancorp Inc. (NYSEAMTB) (the “Company” or “Amerant”) today announced that, on January 22, 2025, the Company’s Board of Directors declared a cash dividend of $0.09 per-share of Amerant common stock. The dividend is payable on February 28, 2025, to shareholders of record at the close of business on February 14, 2025.

Franklin Templeton today discontinued the proposed reorganization of Western Asset Total Return ETF (WBND) into the Western Asset Bond ETF (WABF) due to WBND’s failure to receive the requisite shareholder approval of the reorganization at today’s special meeting of shareholders of WBND.

Liberty Broadband Corporation (“Liberty Broadband”) (Nasdaq: LBRDA, LBRDK, LBRDP) will hold a virtual special meeting of its holders of Series A common stock (“LBRDA”), Series B common stock (“LBRDB”), Series C common stock (“LBRDK”) and Series A cumulative redeemable preferred stock (“LBRDP”) on Wednesday, February 26, 2025 at 11:30 a.m. M.T. At the special meeting, holders of shares of LBRDA, LBRDB and LBRDP will be asked to consider and vote on a proposal to approve the adoption of the Agreement and Plan of Merger, dated November 12, 2024, by and among Liberty Broadband, Charter Communications, Inc. (“Charter”) (Nasdaq: CHTR), Fusion Merger Sub 1, LLC, a wholly owned subsidiary of Charter (“Merger LLC”), and Fusion Merger Sub 2, Inc., a wholly owned subsidiary of Merger LLC, pursuant to which, among other things, Liberty Broadband will combine with Charter (the “Transaction”).

Geospace Technologies (NASDAQGEOS) today announced that it will release first quarter 2025 financial results on Wednesday, February 5, 2025 after the market closes. In conjunction with the release, Geospace has scheduled a conference call for Thursday, February 6, 2025 at 10:00 a.m. Eastern Time (9:00 a.m. Central).

New Fortress Energy Inc. (NASDAQNFE) (“NFE”) today announced the execution of a 20-year gas supply agreement (“GSA”) with Energiza to provide natural gas to a 478 MW combined-cycle power plant being developed in San Juan, Puerto Rico, located adjacent to NFE’s existing San Juan LNG import terminal. The Energiza power plant will be the first power plant constructed in Puerto Rico since 1995 and is expected to commence operations in 2028.

Cornerstone Building Brands, a leading manufacturer of exterior building products in North America, will be featured on Dave and Jenny Marrs’ hit HGTV series Fixer to Fabulous as the company continues its multi-year, multi-brand partnership with the popular home renovating duo established in 2023.

Discover Financial Services (NYSEDFS)

Liberty Energy Inc. (NYSE: LBRT; “Liberty” or the “Company”) announced today that its Board of Directors (the “Board”) has declared a dividend of $0.08 per share of Class A common stock, to be paid on March 20, 2025, to holders of record as of March 6, 2025.

American Tower Corporation (NYSEAMT) announced today that the press announcement of its fourth quarter and full year 2024 results is scheduled to be released to the news services at 7:00 a.m. ET on Tuesday, February 25, 2025. In addition, the Company has scheduled a conference call at 8:30 a.m. ET on February 25, 2025 to discuss its results.

Liberty Energy Inc. (NYSE: LBRT; “Liberty” or the “Company”) announced today the appointment of Arjun Murti to its Board of Directors.

Cathay General Bancorp (the “Company,” “we,” “us,” or “our”) (Nasdaq: CATY), the holding company for Cathay Bank, today announced its unaudited financial results for the quarter and year ended December 31, 2024. The Company reported net income of $286.0 million, or $3.95 per diluted share, for the year ended December 31, 2024 and net income of $80.2 million, or $1.12 per diluted share, for the fourth quarter of 2024.

News Corp will release its second quarter Fiscal 2025 results on Wednesday, February 5, 2025. News Corp Chief Executive Robert Thomson and Chief Financial Officer Lavanya Chandrashekar will discuss the results via a live audio webcast at 5:00 p.m. EST (Sydney: February 6, at 9:00 a.m. AEDT).

Sallie Mae (Nasdaq: SLM), formally SLM Corporation, today announced a 2025 first-quarter dividend on its Preferred Stock Series B of $1.5951112 per share. The company also announced a 2025 first-quarter dividend on its common stock of $0.13 per share.

Rocket Lab USA, Inc. (Nasdaq: RKLB) (“Rocket Lab” or “the Company”), a global leader in launch services and space systems, today announced it has signed a contract for a responsive launch on Electron with Orora Technologies (OroraTech), a German company developing a satellite constellation to monitor wildfires and alert first responders to danger.

Concentra Group Holdings Parent, Inc. (“Concentra,” “the Company,” “we,” “us,” or “our”) (NYSECON), the nation’s largest provider of occupational health services, today released preliminary unaudited financial results for the fourth quarter and full year ended December 31, 2024. Additionally, the Company announced the signing of a definitive agreement to acquire U.S. Occmed Holdings (“Nova Medical Centers” or “Nova”), an occupational health services company based in Houston, Texas, and provided the Company’s preliminary 2025 business outlook.

Deluxe (NYSEDLX), a Trusted Payments and Data company, will report fourth quarter and full year 2024 financial results on Wednesday, February 5, 2025, following market-close. On the same day, management will hold an open-access conference call at 5:00 p.m. ET (4:00 p.m. CT). All interested persons may listen to the call by dialing 1.877.400.0505 (access code 1133292). The audio and accompanying slides will be available via a simultaneous webcast on the investor relations website at www.investors.deluxe.com. A replay will be available after 8:00 p.m. ET through midnight on February 12, 2025, via the webcast link and listen-by-phone option.

Excelerate Energy, Inc. (NYSEEE) (the “Company” or “Excelerate”) will release its fourth quarter and full year 2024 results on Wednesday, February 26, 2025, following the close of U.S. financial markets. The earnings release and presentation for the fourth quarter and full year 2024 results will be available on the investor page of the Company’s website at www.excelerateenergy.com.

Prudential Financial, Inc. (NYSEPRU) announced today an agreement to reinsure a portion of its recently originated Japanese whole life policies with a subsidiary of Prismic Life (Prismic), a Bermuda-based life and annuity reinsurance company sponsored by Prudential and Warburg Pincus and supported by a group of global investors.

Better Home & Finance Holding Company (NASDAQ: BETR; BETRW) announces that its board of directors approved a $25 million share repurchase program. Better may repurchase shares of Class A common stock from time to time, at management’s discretion, through open market purchases or privately negotiated transactions, including accelerated repurchase transactions, block trades or trading plans intended to qualify under Rule 10b5-1 under the Securities Exchange Act of 1934, as amended. The timing and total amount of share repurchases will be based on ongoing evaluation of general market conditions, prevailing prices of the Class A common stock, Better’s capital needs and other factors. The share repurchase program expires on December 31, 2025, may be modified, suspended, or discontinued at any time at the Company’s discretion.

The Campbell’s Company (NASDAQCPB) (Campbell’s) today announced the appointment of Risa Cretella as Executive Vice President and President, Meals & Beverages, effective Feb. 1, 2025. She will report to incoming President and Chief Executive Officer Mick Beekhuizen and become a member of the company’s Operating Committee and a Corporate Officer.

The Regions Financial Corporation (NYSERF) Board of Directors today declared a cash dividend of $14.25 per share of Series C Preferred Stock outstanding (equivalent to approximately $0.35625 per depositary share), payable on Feb. 18, 2025, to stockholders of record at the close of business on Feb. 3, 2025.

Travel + Leisure Co. (NYSETNL) announced today it will release fourth quarter and full-year 2024 financial results on Wednesday, February 19, 2025, before the market opens, followed by a conference call at 8:30 a.m. EST. Michael D. Brown, President and CEO, and Mike Hug, CFO, will discuss the Company's business outlook and financial performance.

Colony Bankcorp, Inc. (NYSECBAN) (“Colony” or the “Company”) today reported financial results for the fourth quarter of 2024. Financial highlights are shown below.

Unifi, Inc. (NYSEUFI) (together with its consolidated subsidiaries, “UNIFI”), leading innovator in recycled and synthetic yarn, will host a conference call at 8:00 a.m., Eastern Time, on Thursday, February 6, 2025, to discuss its second quarter fiscal 2025 financial results.

Levi Strauss & Co. (LS&Co.) (NYSELEVI) announced today that its board of directors has elected Artemis Patrick to serve as a member of the board, effective February 1, 2025. The board also appointed Patrick to serve as a member of the board’s Audit and Nominating, Governance and Corporate Citizenship Committees, effective March 1, 2025. Patrick currently serves as president and CEO of Sephora North America, where she is responsible for the strategy, vision and financial performance of Sephora’s United States and Canadian businesses.

Phibro Animal Health Corporation (Nasdaq: PAHC) expects to announce its second quarter financial results on Wednesday, February 5, 2025, after the market closes. Phibro management will host a conference call and webcast on Thursday, February 6, 2025, at 9:00 AM Eastern Time.

AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones, and designed for both commercial and government applications, today announced its intent to offer, subject to market conditions and other factors, $400.0 million aggregate principal amount of convertible senior notes due 2032 (the “notes”) in a private offering (the “offering”) to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). AST SpaceMobile also intends to grant the initial purchasers of the notes in the offering an option to purchase, within a 13-day period beginning on, and including, the date on which the notes are first issued, up to an additional $60.0 million aggregate principal amount of notes.

United States Steel Corporation (NYSEX) (“U. S. Steel”) today announced that it will release financial results for the fourth quarter and full year 2024 on Thursday, January 30, 2025, following the close of trading on the New York Stock Exchange.

Vince Holding Corp., (NYSEVNCE) (“VNCE” or the “Company”), a global contemporary retailer, today announced that P180, a new venture focused on accelerating growth and profitability in the luxury apparel sector, acquired a majority stake in VNCE (the “P180 Acquisition”) from affiliates of Sun Capital Partners, Inc. (collectively, “Sun Capital”).

Hexcel Corporation (NYSEHXL) announced today that the Company’s Board of Directors has declared a regular quarterly cash dividend of $0.17 per share on the common stock of Hexcel, payable to stockholders of record as of February 7, 2025, with a payment date of February 14, 2025.

COPT Defense Properties (NYSECDP) (“COPT Defense” or the “Company”) announced the 2024 tax treatment of its common share distributions as described below. Shareholders are encouraged to consult with their tax advisors as to their specific tax treatment of COPT Defense common share distributions.

Vertical Aerospace (Vertical) (NYSEEVTL) ("Vertical” or the “Company”), a global aerospace and technology company that is pioneering electric aviation, today announced that it has commenced an underwritten public offering of $75 million of units (the "Offering”). Each unit consists of one ordinary share and one-half of one Tranche A warrant and one-half of one Tranche B warrant. The ordinary shares and the warrants comprising the units are immediately separable and will be issued separately in the Offering. The Offering is subject to market and other conditions, and there can be no assurance as to whether or when the Offering may be completed, or as to the actual size or terms of the Offering.

The RMR Group (Nasdaq: RMR) today announced that it has entered into a new $100 million senior secured revolving credit facility. The initial maturity date of the new credit facility is January 22, 2028, and it includes a one-year extension at RMR’s option, subject to payment of extension fees and satisfaction of other customary conditions. Amounts drawn under the new credit facility bear interest at a variable rate based on SOFR plus a margin of 2.25% per annum. Undrawn amounts under the new credit facility incur a fee of 0.50% per annum. The new credit facility is secured by substantially all of the assets of RMR and will be used for general corporate purposes.

CACI International Inc (NYSECACI), a leading provider of expertise and technology to government customers, announced results today for its fiscal second quarter ended December 31, 2024.

Kinetik Holdings Inc. (NYSEKNTK) (“Kinetik” or the “Company”) has declared a cash dividend of $0.78 per share, or $3.12 per share on an annualized basis, for the fourth quarter ended December 31, 2024. The announced quarterly dividend will be paid on Wednesday, February 12, 2025 to shareholders of record as of market close on Monday, February 3, 2025.

The Tennessee Public Utility Commission (TPUC) approved new water rates for Tennessee American Water on Jan. 21, 2025.

SiteOne® Landscape Supply, Inc. (the “Company”) (NYSESITE), the largest and only national full product line wholesale distributor of landscape supplies in the United States, today announced that the Company will release its fourth quarter and full year 2024 results before the market opens on Wednesday, February 12, 2025. The Company will hold a conference call to discuss the results at 8:00 a.m. (ET) that same day.

Baxter International Inc. (NYSEBAX), a global medtech leader, will host a conference call to discuss its fourth-quarter 2024 financial results on Thursday, February 13, 2025 at 7:30 a.m. Central Time. To participate in this conference call please follow this link https://registrations.events/direct/Q4I2823858 to pre-register for the call and receive the call information.

Zivo Bioscience, Inc. (OTCQB: ZIVO), a pioneering biotech/agtech R&D company dedicated to developing therapeutic, medicinal and nutritional product candidates derived from proprietary algal cultures, today announced its participation in The Microcap Conference 2025 being held January 28-30, 2025, in Atlantic City, N.J.

Klaviyo, Inc. (NYSEKVYO), the company that powers smarter digital relationships, today announced that its fourth quarter and full year 2024 results will be released following the close of the U.S. financial markets on Wednesday, February 19, 2025.

First American Financial Corporation (NYSEFAF), a premier provider of title, settlement and risk solutions for real estate transactions and the leader in the digital transformation of its industry, today announced that its board of directors has declared a quarterly cash dividend of 54 cents per common share.

The First Bancorp (Nasdaq: FNLC), parent company of First National Bank, today announced operating results for the three months and year ended December 31, 2024. Fourth quarter unaudited net income was $7.3 million, an increase of 9.0% from the fourth quarter of 2023. Earnings per share on a fully diluted basis for the fourth quarter of 2024 were $0.65, up $0.05 or 8.5% from the prior year period. For the twelve months ended December 31, 2024 unaudited net income was $27.0 million, a decrease of 8.4% from the $29.5 million reported for the twelve months ended December 31, 2023. Earnings per common share on a fully diluted basis were down $0.24 to $2.43 per share, a decrease of 8.9% from the prior year.

Hexcel Corporation (NYSEHXL):

Trane Technologies (NYSETT), a global climate innovator, has been recognized in Corporate Knights’ 2025 Global 100 ranking. This is the third time Trane Technologies has been featured on this annual list, which recognizes leading companies for their investments in green solutions such as renewable energy, energy efficiency and the circular economy.

Lucky Strike Entertainment (NYSELUCK), one of the world’s premier operators of location-based entertainment, will report financial results for the second quarter of fiscal 2025 on Wednesday, February 5, 2025, before the U.S. stock market opens. Management will discuss the results via webcast at 10:00 AM ET on the same day.

Lazard Global Total Return and Income Fund, Inc. (the "Fund") (NYSELGI) is confirming today, pursuant to its Managed Distribution Policy, as previously authorized by its Board of Directors, a monthly distribution of $0.14646 per share on the Fund’s outstanding common stock. The distribution is payable on February 21, 2025 to shareholders of record on February 10, 2025. The ex-dividend date is February 10, 2025.

TWO (Two Harbors Investment Corp, NYSE: TWO) is sad to announce the passing of W. Reid Sanders, who served as a member of its Board of Directors since the company’s inception in October 2009.

RLI Corp. (NYSERLI) – RLI Corp. announced today that it has been honored with a Glassdoor Employees’ Choice Award, recognizing the Best Places to Work in 2025. RLI is ranked 9th out of the top 100 large U.S. companies that received the award.

DHI Group, Inc. (NYSEDHX) ("DHI" or the "Company") today announced that it will report financial results for its fourth quarter and full year ended December 31, 2024 on Wednesday, February 5, 2025, after the close of the market. Art Zeile, President and Chief Executive Officer, and Greg Schippers, Interim Chief Financial Officer, will host a conference call and webcast at 5:00pm Eastern time to discuss the results.

Everest Group, Ltd., a global underwriting leader providing best-in-class property, casualty and specialty insurance and reinsurance solutions, today announced that its Board of Directors has appointed Jim Williamson as President and Chief Executive Officer, effective immediately.

Performance Food Group Company (PFG) (NYSEPFGC) will host a live audio webcast at 9 a.m. ET Wednesday, Feb. 5, 2025, to discuss second-quarter fiscal 2025 financial results. PFG will issue a news release with those results at approximately 7 a.m. ET that same day.

Alcoa Corporation (NYSE: AA; ASX: AAI) today reported fourth quarter and full year 2024 results that demonstrate significant improvements in financial performance on continued strength in alumina and aluminum pricing and considerable advances in operational stability.

KBRA assigns preliminary ratings to four classes of notes issued by Sunrun Bacchus Issuer 2025-1, LLC. The transaction is collateralized by a diversified pool of 39,458 leases and power purchase agreements (PPAs) associated with residential solar photovoltaic installations (PV Systems), some of which have energy storage equipment. The total aggregate discounted solar asset balance (ADSAB) based on a discount rate of 7.5%, consisting of the discounted payments of the leases and PPAs is approximately $938.7 million. The securitization share of the ADSAB is approximately $827.5 million.

Dun & Bradstreet (NYSEDNB), a leading global provider of business decisioning data and analytics, today released its Q1 2025 Global Business Optimism Insights report. The survey, conducted during November 2024, revealed a 12.9% quarter-over-quarter decline in the Global Business Optimism Index for Q1 2025, reflective of growing concerns over weak economic growth, rising geopolitical risks, and trade policy uncertainties.

Bankwell Financial Group, Inc. (NASDAQBWFG) reported GAAP net income of $2.5 million, or $0.32 per share for the fourth quarter of 2024, versus $1.9 million, or $0.24 per share, for the third quarter of 2024. The Company's Board of Directors declared a $0.20 per share cash dividend, payable February 21, 2025 to shareholders of record on February 11, 2025.

Corporación Inmobiliaria Vesta, S.A.B. de C.V. (NYSE: VTMX, BMV: VESTA) ("Vesta") announced today that the Company's fourth quarter 2024 financial results will be released after market close on Tuesday, February 18th, 2025. Vesta will host a conference call to discuss its results: