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 PRESS RELEASE

Meridian Corporation Reports First Quarter 2024 Results and Announces ...

Meridian Corporation Reports First Quarter 2024 Results and Announces a Quarterly Dividend of $0.125 per Common Share MALVERN, Pa., April 26, 2024 (GLOBE NEWSWIRE) -- Meridian Corporation (Nasdaq: MRBK) today reported:  Three Months Ended (Dollars in thousands, except per share data)((Unaudited)March 31,2024 December 31,2023 March 31,2023 Income:       Net income$2,676 $571 $4,021 Diluted earnings per common share$0.24 $0.05 $0.34 Pre-tax, pre-provision income (1)$6,419 $5,356 $6,526 Pre-tax, pre-provision income - Bank (1)$6,406 $5,757 $8,358 (1) See Non-GAAP reconciliation in the Append...

Novartis AG: 1 director

A director at Novartis AG sold 55,000 shares at 90.477CHF and the significance rating of the trade was 100/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly sh...

Hwa Fong Rubber(Thailand) Public Company Limited: 1 director

A director at Hwa Fong Rubber(Thailand) Public Company Limited sold 5,310,900 shares at 4.200THB and the significance rating of the trade was 80/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's direct...

Jonathan Chaplin
  • Jonathan Chaplin

T-Mobile 1Q24 Results Review, Thesis & Model Update

What’s new: This report provides a comprehensive review of results, our thoughts on key themes, valuation, and operating and financial trends. The themes we dig into include T-Mobile fiber’s strategy, a deeper dive into the Lumos deal, the upside from price increases, evolving thoughts on FWA, and the ACP impact. We increased EBITDA and FCF slightly. Consensus is low on both. No change to thesis. Target is $202 (+23%)

Jonathan Chaplin
  • Jonathan Chaplin

Comcast Model Update

What’s new: In this note, we cover changes to our estimates, and comparisons with guidance and consensus. Please see separate notes reviewing results and thoughts following the earnings call. We lowered broadband adds, revenue and EBITDA. No change to thesis, though we expect Broadband stocks to be challenged for next few quarters. Price target is $51 (+34%).

EllisDon Infrastructure WPHC Gen Partnership: Update of credit analysi...

Our credit view of this issuer reflects its adequate debt metrics and debt structure, constrained by its entities with an ultimate guarantor and its sole owner of the project.

Moody's Ratings assigns ratings to two classes of CLO refinancing note...

Moody's Ratings (Moody's) has assigned ratings to two classes of CLO refinancing notes (the "Refinancing Notes") issued by CIFC Funding 2017-III, Ltd. (the "Issuer"). Moody's rating action is as follows: U.S.$4,500,000 Class X-R Senior Secured Floating Rate Notes due 2037, Assigned Aaa (sf) U.S.$256...

 PRESS RELEASE

Dogfish Head Craft Brewery Unveils New Beer Packaging Artwork & Announ...

Dogfish Head Craft Brewery Unveils New Beer Packaging Artwork & Announces the Return of its Fan-Favorite 120 Minute IPA MILTON, Del., April 26, 2024 (GLOBE NEWSWIRE) -- The 120th day of the year (Monday, April 29) is upon us, and at , that’s considered a holiday! To celebrate “120 Day”, Dogfish Head announces the annual return of its fan-favorite , and , complete with brighter, more eye-catching graphics and a bigger, bolder “shark-and-shield” logo. “Typically, the 120th day of the year means it's time to crack a 120 Minute IPA and raise a glass to another year’s release of this beauti...

 PRESS RELEASE

Glen Burnie Bancorp Announces First Quarter 2024 Results

Glen Burnie Bancorp Announces First Quarter 2024 Results GLEN BURNIE, Md., April 26, 2024 (GLOBE NEWSWIRE) -- Glen Burnie Bancorp (“Bancorp”) (NASDAQ: GLBZ), the bank holding company for The Bank of Glen Burnie (“Bank”), today reported results for the first quarter ended March 31, 2024. Net income for the first quarter was $3,000, or $0 per basic and diluted common share, as compared to $0.44 million, or $0.15 per basic and diluted common share for the three-month period ended March 31, 2023. On March 31, 2024, Bancorp had total assets of $369.9 million. Bancorp, the oldest independent co...

 PRESS RELEASE

Lake Shore Bancorp, Inc. Declares First Quarter 2024 Dividend

Lake Shore Bancorp, Inc. Declares First Quarter 2024 Dividend DUNKIRK, N.Y., April 26, 2024 (GLOBE NEWSWIRE) -- Lake Shore Bancorp, Inc. (the “Company”) (NASDAQ: LSBK), the holding company for Lake Shore Savings Bank (the “Bank”), announced yesterday that it received the written approval from the Federal Reserve Bank of Philadelphia (the “Reserve Bank”) to pay a cash dividend of $0.18 per share to its stockholders. Additionally, the Reserve Bank also issued a non-objection to Lake Shore, MHC (the “MHC”), the Company’s mutual holding company parent, to waive the MHC’s receipt of cash divi...

Chris Turner ... (+4)
  • Chris Turner
  • James Knightley
  • Padhraic Garvey
  • CFA

Fed likely to hold rates steady and warn of the risk of delay to cuts

Elevated inflation and strong activity and jobs numbers have pushed market expectations for the timing of the first interest rate cut to December. We still see an opportunity for a September rate cut. Nonetheless, the Federal Reserve will remain wary and signal that if inflation stays high, so will interest rates

Moody's Ratings affirms Ba1 long-term deposit ratings of SBM Bank, mai...

Moody's Ratings (Moody's) has today affirmed the Ba1/NP long- and short-term deposit ratings and the Ba1 long-term issuer rating of SBM Bank (Mauritius) Ltd. (SBM Bank) and maintained the stable outlook on the long-term deposit and issuer ratings. At the same time, the rating agency has affirmed the...

Heldrich Center Hotel/Conference: Update to Credit Analysis

Our credit view of this issuer reflects its recovery prospects for senior bondholders following a payment default owing to substantially lower than expected revenue and cash flow.

Accenture Plc: 1 director

A director at Accenture Plc sold 5,000 shares at 307.222USD and the significance rating of the trade was 76/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly s...

Signature International Berhad: 1 director

A director at Signature International Berhad bought 191,385,232 shares at 0.840MYR and the significance rating of the trade was 97/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the l...

Bausch Health Companies Inc.: Appellate ruling alleviates pressure, bu...

Our credit view of this issuer reflects its good free cash flow prior to any generic Xifaxan launch, offset by its high financial leverage and untenable capital structure.

 PRESS RELEASE

EQS-News: Deutsche Postbank Funding Trust III - Annual Report 2023

EQS-News: Deutsche Postbank Funding Trust III / Schlagwort(e): Jahresbericht Deutsche Postbank Funding Trust III - Annual Report 2023 26.04.2024 / 16:11 CET/CEST Für den Inhalt der Mitteilung ist der Emittent / Herausgeber verantwortlich.   26.04.2024 CET/CEST Veröffentlichung einer Corporate News/Finanznachricht, übermittelt durch EQS News - ein Service der EQS Group AG.Für den Inhalt der Mitteilung ist der Emittent / Herausgeber verantwortlich.Die EQS Distributionsservices umfassen gesetzliche Meldepflichten, Corporate News/Finanznachrichten und Pressem...

 PRESS RELEASE

EQS-News: Deutsche Postbank Funding Trust III - Annual Report 2023

EQS-News: Deutsche Postbank Funding Trust III / Key word(s): Annual Report Deutsche Postbank Funding Trust III - Annual Report 2023 26.04.2024 / 16:11 CET/CEST The issuer is solely responsible for the content of this announcement. Deutsche Postbank Funding Trust III hereby announces that the annual report as of 31st December 2023 pursuant to Section 5:25c of the Netherlands Financial Supervision Act (Wet op het financieel toezicht) is available at: Language: English Company: Deutsche Postbank Funding Trust III, 1011 Centre Road, Suite 200, 19805-1266 Wilmington, Delaware...

One Hotels GmbH: New Issuer

Our credit view of this issuer reflects its high profitability, in particular in the DACH region, against its high leverage and small scale.

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