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Eric Morera
  • Eric Morera

Elliott Wave Expects $AUDUSD to Break Higher

Short Term Elliott Wave in AUDUSD suggests the pullback to 0.636 ended wave (2). The pair has turned higher in wave (3) with internal subdivision in 5 waves in lesser degree. Up from wave (2), wave (i) ended at 0.6432 and pullback in wave (ii) ended at 0.6407. The pair then extended higher in wave (iii) towards 0.655 and dips in wave (iv) ended at 0.6516. Final leg wave (v) higher ended at 0.6586 and this completed wave ((i)). Pullback in wave ((ii)) ended at 0.6464.

 PRESS RELEASE

W&T Offshore Announces First Quarter 2024 Results and Declares Dividen...

W&T Offshore Announces First Quarter 2024 Results and Declares Dividend for Second Quarter of 2024 Quarterly Earnings Call Scheduled for Monday, May 13, 2024 HOUSTON, May 10, 2024 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) (“W&T” or the “Company”) today reported operational and financial results for the first quarter of 2024 and declared second quarter 2024 dividend of $0.01 per share. This press release includes non-GAAP financial measures, including Adjusted Net (Loss) Income, Adjusted EBITDA, Free Cash Flow and Net Debt, which are described and reconciled to the most compara...

Eric Morera
  • Eric Morera

EURUSD Elliott Wave: Forecasting the Rally from Equal Legs Area

Greetings fellow traders. In this technical article we’re going to take a quick look at the of EURUSD, published in members area of the website. As our members know, EURUSD has ended the cycle from the December’s 2023 peak. The pair has recently pulled back in a 3-wave pattern, with buyers stepping in right at the equal legs zone. Let’s break down our Elliott Wave forecast further in this article.

 PRESS RELEASE

Evaxion Receives Nasdaq Notification

Evaxion Receives Nasdaq Notification COPENHAGEN, Denmark, May 10, 2024 (GLOBE NEWSWIRE) -- Evaxion Biotech A/S (NASDAQ: EVAX) (“Evaxion” or the “Company”), a clinical-stage TechBio company specializing in developing AI-Immunology™ powered vaccines, today announced that on May 7, 2024, it received a letter (the “Letter”) from the Nasdaq Stock Market LLC (“Nasdaq”) Listing Qualifications Department notifying the Company that it is not currently in compliance with the minimum stockholders’ equity requirement. Nasdaq Listing Rule 5550(b)(1) requires listed companies to maintain stockholders’...

 PRESS RELEASE

Nxu Evaluates Strategic Alternatives and Announces Cost Reduction Init...

Nxu Evaluates Strategic Alternatives and Announces Cost Reduction Initiatives The Company is evaluating accretive opportunities MESA, Ariz., May 10, 2024 (GLOBE NEWSWIRE) -- Nxu Inc., (NASDAQ: NXU) (“Nxu”, “the Company”), a domestic technology company focused on energy storage and charging solutions for the infrastructure we need to power our electrified future, announced today an intention to evaluate strategic alternatives. Nxu’s Board of Directors’ Strategic Planning Committee will lead the evaluation, with outside assistance from advisors, and has identified targets for a business c...

 PRESS RELEASE

Bridgeline to Report Financial Results for the Second Quarter of Fisca...

Bridgeline to Report Financial Results for the Second Quarter of Fiscal 2024 WOBURN, Mass., May 10, 2024 (GLOBE NEWSWIRE) -- (NASDAQ: BLIN), a global leader in AI-powered marketing technology, announced today that it will release its financial results for the second quarter of fiscal 2024 after market close on Tuesday, May 14, 2024. On that day, Ari Kahn, the Company's President and Chief Executive Officer, and Thomas Windhausen, the Company's Chief Financial Officer, plan to host a live conference call at 4:30 p.m. ET to discuss the financial results.The details and registration link f...

Moody's Ratings withdraws CSI Compressco's ratings following debt exti...

Moody's Ratings (Moody's) withdrew all of CSI Compressco LP's (Compressco) ratings, including its Caa1 Corporate Family Rating (CFR), Caa1-PD Probability of Default Rating (PDR), and SGL-3 Speculative Grade Liquidity Rating (SGL). The outlook was changed to rating withdrawn from rating under review....

 PRESS RELEASE

Paul Mueller Company Announces Expiration of Share Repurchase Program ...

Paul Mueller Company Announces Expiration of Share Repurchase Program and Declares Quarterly Cash Dividend SPRINGFIELD, Mo., May 10, 2024 (GLOBE NEWSWIRE) -- Paul Mueller Company (OTC: MUEL) today announced that its Board of Directors has declared a cash dividend of 23 cents ($0.23) per share on its outstanding common stock. The action was taken on May 10, 2024, at a regular meeting of the Board of Directors. The dividend of 23 cents ($0.23) per share is payable on June 28, 2024, to shareholders of record on May 24, 2024. Additionally, on May 7, 2024, the tender offer announced on M...

Banco Bilbao Vizcaya Argentaria, S.A. - Banco Sabadell, S.A.: BBVA mak...

BBVA's somewhat risky hostile bid puts its reputation at risk, but underscores its determination to finalize this transaction.

 PRESS RELEASE

Kentucky First Federal Bancorp Releases Earnings

Kentucky First Federal Bancorp Releases Earnings HAZARD, Ky. and FRANKFORT, Ky. and DANVILLE, Ky. and LANCASTER, Ky., May 10, 2024 (GLOBE NEWSWIRE) -- Kentucky First Federal Bancorp (Nasdaq: KFFB), the holding company (the “Company”) for First Federal Savings and Loan Association of Hazard and First Federal Savings Bank of Kentucky, Frankfort, Kentucky, announced a net loss of $107,000 or ($0.01) diluted earnings per share for the three months ended March 31, 2024, compared to net earnings of $144,000 or $0.02 diluted earnings per share for the three months ended March 31, 2023, a decreas...

Endeavor Health, IL: Update to credit analysis

Our credit view of this issuer reflects its good progress on integrating mergers, strong liquidity and modest debt, against its moderate operating cashflow margins.

Moody's Ratings affirms Israel's A2 rating, outlook remains negative

Moody's Ratings (Moody's) has today affirmed Government of Israel's A2 foreign-currency and local-currency issuer ratings. Moody's has also affirmed Israel's foreign-currency and local-currency senior unsecured ratings at A2 and the foreign-currency senior unsecured shelf and senior unsecured MTN pr...

Coca-Cola FEMSA, S.A.B. de C.V.: Moody's Ratings affirms Coca-Cola Fem...

Our credit view of this issuer reflects its track record of strong FCF and credit metrics, offset by its links with the Mexican sovereign.

Pitt County, NC: Update to credit analysis

Our credit view reflecting growing economy, improving financial position, and manageable long term liabilities.

Moody's Ratings upgrades rating on one class of CLO notes issued by Dr...

Moody's Ratings (Moody's) has upgraded the rating on the following notes issued by Dryden 38 Senior Loan Fund: U.S.$22,500,000 Class C-R Mezzanine Secured Deferrable Floating Rate Notes due 2030 (the "Class C-R Notes"), Upgraded to Aa3 (sf); previously on May 30, 2023 Upgraded to A1 (sf) Dryden ...

Moody's Ratings assigns Aa2 to Port of Vancouver, WA's 2024 GOLT Bonds

Moody's Ratings (Moody's) has assigned Aa2 ratings to the Port of Vancouver, WA's Limited Tax General Obligation and Refunding Bonds, 2024 (Taxable) and Limited Tax General Obligation Bonds, 2024 (Non-AMT). The expected par amounts are $15.8 million and $10.8 million, respectively. Moody's maintains...

 PRESS RELEASE

Denali Capital Acquisition Corp. Announces Extension of Deadline to Co...

Denali Capital Acquisition Corp. Announces Extension of Deadline to Complete Business Combination NEW YORK, NEW YORK, May 10, 2024 (GLOBE NEWSWIRE) -- Denali Capital Acquisition Corp. (NASDAQ: DECA) (the “Company”) announced today that an aggregate of $50,000 has been deposited into the Company’s trust account to further extend the period of time the Company has to consummate its business combination by an additional month from May 11, 2024 to June 11, 2024 in accordance with the amended terms of the Company’s amended and restated memorandum and articles of association. About the Company...

Moody's Ratings assigns initial Aa2 to Affton Fire Protection District...

Moody's Ratings (Moody's) has assigned an initial Aa2 rating to Affton Fire Protection District, MO's General Obligation Bonds, Series 2024 with an anticipated par amount of $7.5 million. Post-sale, the district will have approximately $7.5 million of general obligation unlimited tax (GOULT) debt ou...

 PRESS RELEASE

Tandy Leather Factory Reports First Quarter 2024 Results

Tandy Leather Factory Reports First Quarter 2024 Results FORT WORTH, Texas, May 10, 2024 (GLOBE NEWSWIRE) -- Tandy Leather Factory, Inc. (Nasdaq: TLF) today announced the Company’s financial results for the first fiscal quarter of 2024. Highlights from First Quarter 2024: Revenues were $19.3 million, down 5.3% from 2023Generated operating income of $0.7 millionNet income of $0.5 million, down from $0.7 million in 2023Gross margins of 56.7%, down from 58.1% in 2023Operating expenses $10.3 million, down 5.2% from 2023Adjusted EBITDA* of $1.1 millionEnded quarter with $12.3 million...

 PRESS RELEASE

Albany International Declares Dividend

ROCHESTER, N.H.--(BUSINESS WIRE)-- The Board of Directors of Albany International Corp. (NYSE: AIN) today declared a quarterly dividend of $0.26 per share on the Company’s Class A Common Stock. The dividend is payable July 8, 2024, to shareholders of record on June 7, 2024. About Albany International Corp. Albany International is a leading developer and manufacturer of engineered components, using advanced materials processing and automation capabilities, with two core businesses. Machine Clothing is the world’s leading producer of custom-designed, consumable belts essential for the m...

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