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 PRESS RELEASE

PowerCo SE and NOVONIX Enter into a Testing and Development Agreement

PowerCo SE and NOVONIX Enter into a Testing and Development Agreement BRISBANE, Australia, May 15, 2024 (GLOBE NEWSWIRE) -- NOVONIX Limited (NASDAQ: NVX, ASX: NVX), a leading battery materials and technology company, and PowerCo SE (“PowerCo”), a Volkswagen Group-owned battery cell company, have announced the signing of a non-exclusive Testing and Development Agreement (“TDA”). The work to be conducted under the TDA will include NOVONIX developing, testing, and analyzing synthetic graphite anode materials tailored to meet PowerCo’s requirements and upon successful completion of certain de...

San Antonio Regional Hospital, CA: Update following upgrade to Baa1

Our credit view of this issuer reflects its stronger levels of operating performance, against its high reliance on Medi-Cal, although somewhat offset by supplemental funding.

Minas Gerais, State of: Update following outlook change to positive

Our credit view of this issuer reflects its high federal government support, against the large amount of debt and pension burden compared with that of its peers.

Moody's Ratings downgrades Cabell Huntington Hospital, Inc. (WV) to Ba...

Moody's Ratings (Moody's) has downgraded Cabell Huntington Hospital, Inc.'s (WV) long term bond rating to Baa3 from Baa2. The outlook remains negative at the lower rating level. Cabell has approximately $340 million of outstanding debt. The downgrade to Baa3 is driven by Cabell's rapid decline of ...

 PRESS RELEASE

ONWARD® Medical Schedules Webcast to Provide Q1 2024 Business Update

ONWARD® Medical Schedules Webcast to Provide Q1 2024 Business Update EINDHOVEN, the Netherlands, May 15, 2024 (GLOBE NEWSWIRE) -- ONWARD Medical N.V. (Euronext: ONWD), the medical technology company creating innovative spinal cord stimulation therapies to restore movement, function, and independence in people with spinal cord injury (SCI), today announces that it will host a webcast to discuss its Q1 2024 business highlights. The webcast will be held on May 23, 2024, at 2:30PM CET / 08:30AM ET. It will be hosted by CEO Dave Marver who will discuss highlights from Q1 2024 and provide ...

 PRESS RELEASE

Calian Reports Record Results for the Second Quarter

Calian Reports Record Results for the Second Quarter (All amounts in release are in Canadian dollars) OTTAWA, May 14, 2024 (GLOBE NEWSWIRE) -- Calian® Group Ltd. (TSX:CGY), a diverse products and services company providing innovative healthcare, communications, learning and cybersecurity solutions, today released its results for the second quarter ended March 31, 2024. Q2-24 Highlights: Revenue up 19% to $201 millionGross margin at 34.8%, up from 30.9% last yearAdjusted EBITDA1 up over 50% to $25.7 millionOperating free cash flow1 of $17.8 millionNet liquidity of $157 millionAppointed ...

 PRESS RELEASE

Calian annonce des résultats record au deuxième trimestre

Calian annonce des résultats record au deuxième trimestre (Tous les montants dans le communiqué sont en dollars canadiens.) OTTAWA, 14 mai 2024 (GLOBE NEWSWIRE) -- CalianMD Group Ltd. (TSX : CGY), une société de produits et services divers qui fournit des solutions novatrices dans les domaines des soins de santé, des communications, de l’apprentissage et de la cybersécurité, a publié aujourd’hui ses résultats pour le deuxième trimestre qui s’est terminé le 31 mars 2024. Faits saillants du deuxième trimestre de l’exercice 2024 : Revenus en hausse de 19 %, à 201 million...

Jesper Ingildsen
  • Jesper Ingildsen

Ambu (Buy, TP: DKK138.00) - Guidance still looks conservative

Having pre-released Q2 headline numbers and increased the 2024 guidance in mid-April, today’s detailed results provided few surprises. However, the important Endoscopy sales were slightly better than expected, and we find today’s guidance for >15% organic growth YOY (previously c15%) for that part of company still conservative, with potential for a further rise with the Q3 results. We reiterate our BUY and have increased our target price to DKK138 (130).

APTIM Corp.: Update to credit analysis following CFR upgrade to B3 fro...

Our credit view of this issuer reflects the company's high debt leverage and history of weak operating performance, partially offset by APTIM’s national scale and good revenue visibility.

 PRESS RELEASE

Ventas Declares Second Quarter 2024 Dividend of $0.45 Per Common Share

CHICAGO--(BUSINESS WIRE)-- Ventas, Inc. (NYSE: VTR) (“Ventas” or the “Company”) today announced that its Board of Directors has declared a quarterly dividend of $0.45 per common share. The dividend will be payable in cash on July 18, 2024 to stockholders of record as of the close of business on July 1, 2024. About Ventas Ventas, Inc. (NYSE: VTR) is a leading S&P 500 real estate investment trust focused on delivering strong, sustainable shareholder returns by enabling exceptional environments that benefit a large and growing aging population. The Company’s growth is fueled by its senior hou...

City of Austin, TX: Update to credit analysis

Our credit view of Austin, TX highlighting the city's vibrant economic base, stable financial operations, and elevated leverage.

Moody's Ratings assigns initial Baa3 to Rockwall Co MUD 7, TX's Ser. 2...

Moody's Ratings (Moody's) has assigned an initial Baa3 rating to Rockwall County Municipal Utility District No. 7, TX's Unlimited Tax Utility Bonds, Series 2024 with an anticipated par amount of about $2.6 million. The district will have roughly $9 million in general obligation unlimited tax (GOULT)...

 PRESS RELEASE

Auburn National Bancorporation, Inc. Declares Quarterly Dividend

Auburn National Bancorporation, Inc. Declares Quarterly Dividend AUBURN, Ala., May 14, 2024 (GLOBE NEWSWIRE) -- On May 14, 2024, the Board of Directors of Auburn National Bancorporation, Inc. (the “Company”) (Nasdaq: AUBN) declared a second quarter $0.27 per share cash dividend, payable June 25, 2024 to shareholders of record as of June 10, 2024. About Auburn National Bancorporation, Inc. Auburn National Bancorporation, Inc. (the “Company”) is the parent company of AuburnBank (the “Bank”), with total assets of approximately $979 million. The Bank is an Alabama state-chartered b...

 PRESS RELEASE

Aeterna Zentaris Reports First Quarter 2024 Financial Results

Aeterna Zentaris Reports First Quarter 2024 Financial Results Company ended the quarter with $29.5 million in cashDETECT-trial recruitment completed; Company continues to expect the completion of the trial in the second quarter and top-line data in the third quarter of 2024All-stock merger of equals transaction with Ceapro Inc. expected to close in the second quarter of 2024 TORONTO, ONTARIO, May 14, 2024 (GLOBE NEWSWIRE) -- Aeterna Zentaris Inc. (NASDAQ: AEZS) (TSX: AEZS) (“Aeterna” or the “Company”), a specialty biopharmaceutical company developing and commercializing a diversifi...

ABGSC Healthcare Research ... (+2)
  • ABGSC Healthcare Research
  • Sten Gustafsson

Moody's Ratings downgrades Kraton's CFR to B1; outlook negative

Moody's Ratings (Moody's) has downgraded the Corporate Family Rating ("CFR") of Kraton Corporation ("Kraton") to B1 from Ba3, Probability of Default Rating ("PDR") to B1-PD from Ba3- PD. Moody's also downgraded the ratings on the company's senior secured first-lien term loan and the Euro senior secu...

Ellsworth Community School District, WI: Update to credit analysis

Our credit view of this issuer reflects its sustained reserves at around 25% of revenues, against its somewhat limited local economy with concentration in agriculture.

Caldwell (City of) ID: New issuer

Our credit view of Caldwell, ID reflecting its rapidly growing local economy, strong financial position and low leverage.

Moody's Ratings announces completion of a periodic review of ratings o...

Moody's Ratings (Moody's) has completed a periodic review of the ratings of Skopima Consilio Parent LLC and other ratings that are associated with this issuer. The review was conducted through a rating committee held on 10 May 2024 in which Moody's reassessed the appropriateness of the ratings in t...

 PRESS RELEASE

Daily Journal Corporation Announces Financial Results for the six mont...

Daily Journal Corporation Announces Financial Results for the six months ended March 31, 2024 LOS ANGELES, May 14, 2024 (GLOBE NEWSWIRE) -- During the six months ended March 31, 2024, Daily Journal Corporation (NASDAQ:DJCO) had consolidated revenues of $32,564,000 as compared to $28,455,000 in the prior year period. This increase of $4,109,000 was primarily from increases in (i) Journal Technologies’ license and maintenance fees of $3,337,000, and other public service fees of $904,000, partially offset by decreased consulting fees of $254,000, and (ii) the Traditional Business’ advertisin...

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