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 PRESS RELEASE

Merus gibt Annahme von Abstracts zur Präsentation auf der ASCO-Jahrest...

Merus gibt Annahme von Abstracts zur Präsentation auf der ASCO-Jahrestagung 2024 bekannt Petosemtamab in Kombination mit Pembrolizumab als 1L bei HNSCC – erste vorläufige klinische Daten für eine mündliche Kurzpräsentation ausgewählt MCLA-145 als Monotherapie oder in Kombination mit Pembrolizumab bei soliden Tumoren – erste vorläufige klinische Daten für eine mündliche Kurzpräsentation ausgewählt MCLA-129 bei NSCLC mit c-MET-Exon-14-Skipping-Mutationen – erste vorläufige klinische Daten für eine Posterpräsentation ausgewählt UTRECHT, Niederlande und CAMBRIDGE, Massachusetts, April 25, 2...

 PRESS RELEASE

Merus annonce les résumés acceptés pour présentation à la réunion annu...

Merus annonce les résumés acceptés pour présentation à la réunion annuelle 2024 de l’ASCO Pétosemtamab en association avec le pembrolizumab en traitement de première intention du carcinome épidermoïde de la tête et du cou : premières données cliniques provisoires sélectionnées pour une présentation orale rapide MCLA-145 en monothérapie ou en association avec le pembrolizumab dans les tumeurs solides : premières données cliniques provisoires sélectionnées pour une présentation orale rapide MCLA-129 dans le cancer bronchique non à petites cellules avec mutations conduisant à un saut de ...

 PRESS RELEASE

Hanryu Holdings, Inc. Announces Receipt of a Delinquency Compliance Al...

Hanryu Holdings, Inc. Announces Receipt of a Delinquency Compliance Alert Notice from Nasdaq Seoul, Republic of South Korea, April 24, 2024 (GLOBE NEWSWIRE) -- Hanryu Holdings, Inc. (NASDAQ: HRYU) (“Hanryu” or the “Company”), a media-tech company and creator of FANTOO, an all-in-one social media experience connecting k-culture fans globally, today announced that on April 18, 2024, it received a delinquency compliance alert notice from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) advising the Company that due to the Company’s failure to timely file its A...

White Pine County School District, NV: Update to credit analysis

Our credit view of this issuer reflects its strong reserves and liquidity compared to similarly rated peers, constrained by its substantial capital needs.

Moody's Ratings assigns Aa2 to University of Chicago's (IL) proposed r...

Moody's Ratings (Moody's) has assigned Aa2 ratings to University of Chicago, IL's (UC) proposed approximately $403 million of Taxable Fixed Rate Bonds, Series 2024B, $522 million of Revenue Bonds, The University of Chicago, Series 2024A and $454 million of Revenue Bonds, The University of Chicago, S...

 PRESS RELEASE

Northfield Bancorp, Inc. Announces First Quarter 2024 Results

Northfield Bancorp, Inc. Announces First Quarter 2024 Results NOTABLE ITEMS FOR THE QUARTER INCLUDE: DILUTED EARNINGS PER SHARE WERE $0.15 FOR THE CURRENT QUARTER COMPARED TO $0.19 FOR THE TRAILING QUARTER, AND $0.26 FOR THE FIRST QUARTER OF 2023.NET INTEREST INCOME OF $27.9 MILLION, DECREASED $1.0 MILLION, OR 3.6%, PRIMARILY REFLECTING INCREASED FUNDING COSTS AND LOWER LOAN BALANCES. AVERAGE YIELDS ON INTEREST-EARNING ASSETS INCREASED 17 BASIS POINTS TO 4.27%, WHILE THE AVERAGE COST OF INTEREST-BEARING LIABILITIES INCREASED 37 BASIS POINTS TO 2.89% FOR THE CURRENT QUARTER COMPARED TO THE...

Moody's Ratings downgrades Pitkin Co. School District 1 (Aspen), CO's ...

Moody's Ratings (Moody's) has downgraded Pitkin County School District 1 (Aspen), CO's issuer rating to Aa2 from Aa1. Moody's has also downgraded the district's general obligation unlimited tax (GOULT) bond ratings to Aa1 from Aaa. For fiscal 2023 (June 30 year-end), the district had about $122 mill...

LXP Industrial Trust: Update to credit analysis following ratings affi...

Our credit view of this issuer reflects its solid fixed charge coverage and well-laddered debt maturity schedule, against its modest size and high Net Debt/EBITDA.

ABS & RMBS Spotlight: April 2024 Edition

This edition highlights our recent research on key credit issues affecting the US and Canadian ABS and RMBS markets.

Regional SD 15 (Southbury & Middlebury), CT: Initial Rating

Our credit view of Regional SD 15, CT's conservative financial management, low leverage and strong member towns.

 PRESS RELEASE

Genie Energy to Report First Quarter 2024 Results

Genie Energy to Report First Quarter 2024 Results NEWARK, NJ, April 24, 2024 (GLOBE NEWSWIRE) -- Genie Energy Ltd., (NYSE: GNE, GNEPRA), a leading retail energy and renewable energy solutions provider, will announce financial and operational results for the first quarter of 2024 on Wednesday, May 8, 2024. Genie Energy will issue an earnings release over a wire service and post it in the “Investors” section of the Genie Energy website () at 7:30 AM Eastern. The release also will be filed in a current report (Form 8-K) with the SEC. At 8:30 AM Eastern, Genie Energy’s management will host ...

Tomi Railo
  • Tomi Railo

Valmet (Buy, TP: EUR30.00) - Q1 on the weak side

Following a mixed but negatively skewed overall Q1, we have lowered our 2024–2026e clean EPS by c4% on average. We reiterate our BUY and EUR30 target price.

Ole Martin Westgaard
  • Ole Martin Westgaard

Komplett (Hold, TP: NOK10.00) - Challenging market set to persist

The Q1 report was weak, as revenues were badly hit by a challenging market, which looks set to persist near-term. We reiterate our HOLD and have cut our target price to NOK10 (12) on negative estimate revisions. At our new target price, the stock would be trading at a 2026e P/E of c5x, which we find to be warranted given the subdued market outlook and weak balance sheet.

Twilio Inc.: Update to Credit Analysis

Our credit view of this issuer reflects its strong cash generating capability and its very strong liquidity with a solid net cash position, constrained by its potential acquisition activity.

Ole Martin Westgaard
  • Ole Martin Westgaard

XXL ASA (No_rec, TP: NOK) - Weak Q1, but better than forecast

XXL reported weak Q1 results, albeit slightly better than expected, as it continues to underperform in a challenging market. On a positive note, the company continues to make progress on its strategic initiatives and has improved its financial position following the private placement. We have cut our 2024–2025e EBITDA by 21–13% on slightly revised revenue and margin assumptions.

 PRESS RELEASE

Cenovus to hold first-quarter conference call and webcast, virtual ann...

Cenovus to hold first-quarter conference call and webcast, virtual annual meeting of shareholders on May 1 CALGARY, Alberta, April 24, 2024 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX:CVE) (NYSE: CVE) will release its first-quarter 2024 results on Wednesday, May 1. The news release will provide consolidated first-quarter operating and financial information. The company’s financial statements will be available on Cenovus’s website, . Conference call: 9 a.m. MT (11 a.m. ET) To join the conference call without operator assistance, please register approximately 5 minutes in advance to recei...

Moody's Ratings assigns Aaa/VMIG 1 to Mississippi Home Corporation Mul...

Moody's Ratings (Moody's) has assigned  Aaa/VMIG 1 ratings to the proposed $8.5 million Mississippi Home Corporation Multifamily Housing Revenue Bonds (Woodcrest Apartments Project), Series 2024-1. RATINGS RATIONALE The Aaa long-term rating of this cash collateralized transaction is based on the...

Moody's Ratings affirms Rocket Mortgage's servicer quality (SQ) assess...

Moody's Ratings (Moody's) has affirmed the servicer quality (SQ) assessment for Rocket Mortgage, LLC ("Rocket Mortgage") at SQ2- as a primary servicer of prime residential mortgage loans. The company was founded in 1985 and is one of the largest overall US residential mortgage servicers. As of Dec...

Government of Niger: Loan agreement with China National Petroleum will...

The loan, collateralized by future oil revenue, helps clear accumulated arrears but limits Niger's fiscal and balance of payment benefits from new oil exports over the first year.

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