SANTA ROSA, Calif.--(BUSINESS WIRE)-- Exchange Bank (OTC: EXSR) today announced its unaudited financial results for the first quarter 2024, reporting net income after taxes of $4.9 million. HIGHLIGHTS: Loan balances have remained relatively constant since prior quarter, growing by $3.5 million from December 31, 2023. Since March 31, 2023, loan balances have increased by $68.3 million. Loan quality remains strong, nonaccrual loans totaled $4.7 million, or 0.29% of gross loans, as of March 31, 2024. The allowance for credit losses, which is based on estimating credit losses for the li...
Moody's Ratings (Moody's) has assigned a rating to one class of notes issued by CIFC Funding 2024-II, Ltd. (the "Issuer" or "CIFC 2024-II"). Moody's rating action is as follows: U.S.$279,000,000 Class A-1 Senior Secured Floating Rate Notes due 2037 (the "Class A-1 Notes"), Assigned Aaa (sf) RA...
Moody's Ratings (Moody's) has assigned Aa3 underlying and Aaa enhanced ratings to Angleton Independent School District, TX's Unlimited Tax School Building Bonds, Series 2024 in the anticipated par amount of roughly $80 million. Moody's has affirmed the district's Aa3 issuer rating and Aa3 underlying...
Verizon donates $20,000 to the American Red Cross for disaster relief efforts in Oklahoma The donation will support communities hardest hit by this weekend’s storms OKLAHOMA CITY, April 30, 2024 (GLOBE NEWSWIRE) -- In response to the severe storms and deadly tornadoes that covered Oklahoma this past weekend, Verizon is donating $20,000 to the American Red Cross to aid in relief efforts in Oklahoma. “Our hearts go out to the families impacted by the severe storms and tornadoes this weekend in Southern and Central Oklahoma,” said Michelle R. Miller, SVP and Market President, Verizon. “Ou...
Nuwellis Announces Closing of $2.7 Million Public Offering MINNEAPOLIS, April 30, 2024 (GLOBE NEWSWIRE) -- Nuwellis, Inc. (Nasdaq: NUWE) (“Nuwellis” or the “Company”), a medical technology company focused on transforming the lives of people with fluid overload, today announced the closing of its previously announced public offering of 11,250,000 shares of its common stock (or pre-funded warrants in lieu thereof) and warrants to purchase up to an aggregate of 16,875,000 shares of its common stock at a combined public offering price of $0.24 per share (or pre-funded warrant in lieu thereof)...
LIBERTY LAKE, Wash.--(BUSINESS WIRE)-- Itron, Inc. (NASDAQ: ITRI), which is innovating new ways for utilities and cities to manage energy and water, has expanded the capabilities of its ® platform in Australia and New Zealand to include NB-IoT communications, enabling the digital transformation for water utilities. Temetra's comprehensive offering includes meter data processing, storage, operational analytics, validation and more. Adding NB-IoT functionality provides water utilities with the flexibility they need to maximize business value and streamline operations on a single platform. Availa...
Stericycle to Participate in Stifel 2024 Investor Summit at WasteExpo in May BANNOCKBURN, Ill., April 30, 2024 (GLOBE NEWSWIRE) -- (Nasdaq: SRCL) today announced that Cindy J. Miller, Chief Executive Officer, and Janet Zelenka, Chief Financial Officer and Chief Information Officer, will participate in a fireside chat and investor meetings at the Stifel 2024 Investor Summit at WasteExpo in Las Vegas on Monday, May 6, 2024. About StericycleStericycle, Inc., is a U.S. based business-to-business services company that is celebrating 35 years of protecting what matters. As a leading provide...
Stericycle to Participate in Oppenheimer 19th Annual Industrial Growth Conference in May BANNOCKBURN, Ill., April 30, 2024 (GLOBE NEWSWIRE) -- (Nasdaq: SRCL) today announced that Ritu Narula, Vice President Treasury, and Andrew Ellis, Senior Vice President Finance, will participate in investor meetings at the virtual Oppenheimer 19th Annual Industrial Growth Conference on Wednesday, May 8, 2024. About StericycleStericycle, Inc., is a U.S. based business-to-business services company that is celebrating 35 years of protecting what matters. As a leading provider of compliance-based solutio...
Statement From MariMed CEO And President Jon Levine Regarding The Drug Enforcement Administration’s Decision To Recategorize Cannabis To Schedule III NORWOOD, Mass., April 30, 2024 (GLOBE NEWSWIRE) -- The following is a statement from Jon Levine, CEO and President of leading multi-state cannabis operator, MariMed Inc. (“MariMed”) (CSE: MRMD) (OTCQX: MRMD). “The impending announcement of the DEA’s decision to recategorize cannabis from Schedule I to Schedule III under the Controlled Substances Act is historic. The positive impact this will have cannot be overstated. Our industry, the mi...
Moody's Ratings (Moody's) has assigned a Aa2 to Metropolitan Sewer District of Greater Cincinnati, OH's (MSD) Sewer System Revenue Bonds, 2024 Series A expected to be issued with an estimated par amount of $100 million and Sewer System Refunding Revenue Bonds, 2024 Series B (Forward Delivery), with...
WEST DES MOINES, Iowa--(BUSINESS WIRE)-- Brookfield Reinsurance (NYSE, TSX: BNRE) and American Equity Investment Life Holding Company (NYSE: AEL) (“AEL”) today announced that the previously announced acquisition of AEL by Brookfield Reinsurance is expected to close following the close of market on May 2, 2024. About AEL At American Equity Investment Life Holding Company, our policyholders work with over 40,000 independent agents and advisors affiliated with independent market organizations (IMOs), banks and broker-dealers through our wholly-owned operating subsidiaries. Advisors and agents...
AUSTIN, Texas--(BUSINESS WIRE)-- (NYSE: HYLN) (“Hyliion”), a developer of sustainable electricity-producing technology, today reported its first-quarter 2024 financial results. Key Business Highlights Announced that H2 Energy Group has executed a letter of intent to purchase up to 10 KARNO generator units that will operate on hydrogen rich syngas produced from sustainable processes Announced partnership with BayoTech to introduce Hyliion and BayoTech’s innovative solutions to each other’s customers Reiterated plans to deliver initial KARNO generator units to customers in late 2024 ...
Anoto publishes its annual report for 2023 and corrects for changes in the results as reported in the year-end report Stockholm, 30 April 2024 - Anoto Group AB (publ) (“Anoto”) today publishes its annual report for 2023 and corrects for changes in the results as reported in the year-end report published on 29 February 2024. The annual report is available on the Company’s website, Compared to previously communicated results in the year-end report for 2023, Anoto reports a change in the results in the annual report. The corrections on the consolidated results stemmed from updates made to th...
BOSTON--(BUSINESS WIRE)-- State Street Corporation (NYSE: STT) announced today that its Chairman and Chief Executive Officer, Ron O’Hanley, and Vice Chairman and Chief Financial Officer, Eric Aboaf, will participate in Bernstein’s 40th Annual Strategic Decisions Conference in New York, NY on Friday, May 31, 2024, at 9:00 am ET. An audio webcast of the event will be accessible on the home page of State Street’s Investor Relations website, . A recorded replay will be available on the Investor Relations website later that day, for approximately ninety days following the presentation. About St...
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