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DXP Enterprises Inc: Growing earnings support recent increases in debt

Our credit view of this issuer reflects its moderate leverage and good liquidity, offset by its modest scale for rating category.

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 DXP Enterprises Inc and other ratings that are associated with this issuer. The review was conducted through a rating committee held on 30 September 2024 in which we reassessed the appropriateness of the ratings in the cont...

 PRESS RELEASE

DXP Enterprises, Inc. Announces Acquisition of Hartwell Environmental ...

HOUSTON--(BUSINESS WIRE)-- DXP Enterprises, Inc. (NASDAQ: DXPE) today announced that it has completed the acquisition of Hartwell Environmental Corporation (“Hartwell”). Founded in 1976, Hartwell is headquartered in Tomball, Texas and operates out of three locations servicing the Texas, Oklahoma and surrounding markets. Hartwell is a leading manufacturer’s representative of pumps, controls and process equipment focused on serving the water and wastewater industry. DXP funded the acquisition with cash from the balance sheet. “We are pleased to announce the acquisition of Hartwell Environmen...

 PRESS RELEASE

DXP Enterprises, Inc. Announces New Share Repurchase Program

HOUSTON--(BUSINESS WIRE)-- DXP Enterprises, Inc. (NASDAQ: DXPE) today announced that its Board of Directors authorized a new stock repurchase program (the “program”) under which up to $85.0 million or 2.5 million shares of its outstanding common stock may be acquired in the open market over the next 24 months at the discretion of management. This is after the successful completion of the previous program, whereby, the Company completed the repurchase of $85 million or 2.8 million shares, under the 2-year program which began in December of 2022. The shares under the new program may be purchas...

 PRESS RELEASE

Vincerx Pharma Reports Second Quarter 2024 Financial Results

Vincerx Pharma Reports Second Quarter 2024 Financial Results Vincerx continues to enroll its Phase 1 studies of antibody-drug conjugate (ADC) VIP943, with data expected by the end of Q4 2024, and small molecule drug-conjugate (SMDC) VIP236, with data expected at the end of Q3 2024 Expected cash runway through 2024 PALO ALTO, Calif., Aug. 08, 2024 (GLOBE NEWSWIRE) -- (Nasdaq: VINC), a biopharmaceutical company aspiring to address the unmet medical needs of patients with cancer through paradigm-shifting therapeutics, today reported financial results for the second quarter of 2024 and...

 PRESS RELEASE

Seneca Foods Reports Sales and Earnings for the Three Months Ended Jun...

Seneca Foods Reports Sales and Earnings for the Three Months Ended June 29, 2024 FAIRPORT, N.Y., Aug. 08, 2024 (GLOBE NEWSWIRE) -- Seneca Foods Corporation (NASDAQ: SENEA, SENEB) today announced financial results for the three months ended June 29, 2024. Executive Summary (vs. year-ago, year-to-date results): Net sales for the first quarter of fiscal 2025 totaled $304.7 million compared to $298.7 million for the first quarter of fiscal 2024. The year-over-year increase of $6.0 million was due to higher sales volumes. Gross margin as a percentage of net sales is 14.0% for the thr...

 PRESS RELEASE

DXP Enterprises, Inc. Reports Second Quarter 2024 Results

HOUSTON--(BUSINESS WIRE)-- DXP Enterprises, Inc. ("DXP" or the "Company") (NASDAQ: DXPE) today announced financial results for the second quarter ended June 30, 2024. The following are results for the three months ended June 30, 2024, compared to the three months ended June 30, 2023, and March 31, 2024, where appropriate. A reconciliation of the non-GAAP financial measures can be found in the back of this press release. Second Quarter 2024 Financial Highlights: Sales increased 8.0 percent sequentially to $445.6 million, compared to $412.6 million for the first quarter of 2024 and increase...

 PRESS RELEASE

DXP Enterprises, Inc. Announces Second Quarter 2024 Earnings Release a...

HOUSTON--(BUSINESS WIRE)-- DXP Enterprises, Inc. (the “Company”) (NASDAQ: DXPE), a leading business to business products and service distributor that adds value and total cost savings solutions to MRO and OEM customers in virtually every industry, plans to issue a press release announcing its financial results for the second quarter ended June 30, 2024, on Thursday, August 8th. The earnings announcement will be released after the market closes. DXP will host a conference call, to be web cast live, on the Company’s website () at 10:30 AM Central Time on Friday, August 9th. The call and an acc...

 PRESS RELEASE

First Guaranty Bancshares, Inc. Announces Key Developments and Second ...

First Guaranty Bancshares, Inc. Announces Key Developments and Second Quarter 2024 Financial Results HAMMOND, La., July 24, 2024 (GLOBE NEWSWIRE) -- First Guaranty Bancshares, Inc. ("First Guaranty") (NASDAQ: FGBI), the holding company for First Guaranty Bank, announced its key developments and unaudited financial results for the second quarter and six months ending June 30, 2024. Key developments are as follows: First Guaranty is initiating changes to its business strategy. The changes include slowing the trajectory of the bank’s asset growth, further increasing the capital position, a...

Dave Nicoski ... (+2)
  • Dave Nicoski
  • Ross LaDuke

Vital Signs: Actionable charts

In this product we rank the most positive and negative domestic stocks, filter the symbols by market-cap and trading volume, and then divide the companies into sectors and groups. We then manually look through charts leadership/changes, bottoms-up/top-down ideas, short-term patterns that may have long-term significance, etc. We believe you will find this product valuable as significant price and relative moves begin in the daily charts.

 PRESS RELEASE

First Guaranty Bancshares, Inc. Declares 124th Consecutive Quarterly C...

First Guaranty Bancshares, Inc. Declares 124th Consecutive Quarterly Cash Dividend to Shareholders HAMMOND, La., June 14, 2024 (GLOBE NEWSWIRE) -- On June 14, 2024 the Board of Directors of First Guaranty Bancshares, Inc. (“First Guaranty”) declared a quarterly cash dividend on First Guaranty’s outstanding shares of common stock of $0.16 per share. The dividend will be payable to shareholders of record as of June 25, 2024 and is expected to be paid on June 28, 2024. This is the 124th consecutive quarterly dividend paid to common shareholders. Sincerely, Michael R. MineerPresident and CE...

 PRESS RELEASE

Seneca Foods Reports Sales and Earnings for the Quarter and Twelve Mon...

Seneca Foods Reports Sales and Earnings for the Quarter and Twelve Months Ended March 31, 2024 FAIRPORT, N.Y., June 13, 2024 (GLOBE NEWSWIRE) -- Seneca Foods Corporation (NASDAQ: SENEA, SENEB) today announced financial results for the fourth quarter and twelve months ended March 31, 2024. Executive Summary (vs. year-ago, year-to-date results): Net sales for the twelve months ended March 31, 2024 totaled $1,458.6 million compared to $1,509.4 million for the twelve months ended March 31, 2023. The year-over-year decrease of $50.8 million was mainly due to lower sales volumes partially off...

 PRESS RELEASE

First Guaranty Bancshares, Inc. Appoints Mineer as President and CEO

First Guaranty Bancshares, Inc. Appoints Mineer as President and CEO HAMMOND, La., June 03, 2024 (GLOBE NEWSWIRE) -- First Guaranty Bancshares, Inc. announced Michael Mineer has been appointed as First Guaranty Bancshares, Inc. and First Guaranty Bank’s President and CEO. He will succeed Alton Lewis, who announced his retirement at the end of May. Mineer has been a part of the First Guaranty family as the Mideast Area President since 2021 and brings over 35 years of banking experience to his new role. Most recently, Mineer served as President and CEO of Citizens Deposit Bank in Vance...

Dave Nicoski ... (+2)
  • Dave Nicoski
  • Ross LaDuke

Vital Signs: Actionable charts

In this product we rank the most positive and negative domestic stocks, filter the symbols by market-cap and trading volume, and then divide the companies into sectors and groups. We then manually look through charts leadership/changes, bottoms-up/top-down ideas, short-term patterns that may have long-term significance, etc. We believe you will find this product valuable as significant price and relative moves begin in the daily charts.

 PRESS RELEASE

First Guaranty Bancshares, Inc Announces CEO Retirement

First Guaranty Bancshares, Inc Announces CEO Retirement HAMMOND, La., May 29, 2024 (GLOBE NEWSWIRE) -- First Guaranty Bancshares, Inc. announced today that Alton Lewis will retire from his role as President and Chief Executive Officer of First Guaranty Bancshares, Inc. and First Guaranty Bank in May, 2024, after a dynamic and successful tenure. Mr. Lewis has been a part of the First Guaranty family for over three decades. He began his service as Board member in 1988 and became President and CEO in 2009. Under his leadership, First Guaranty grew from a $931 million institution to what it i...

 PRESS RELEASE

Vincerx Pharma Reports First Quarter 2024 Financial Results and Provid...

Vincerx Pharma Reports First Quarter 2024 Financial Results and Provides Corporate Update Vincerx continued to progress Phase 1 dose-escalation studies for VIP943, a potentially best-in-class anti-CD123 antibody-drug conjugate (ADC), and VIP236, a first-in-class small molecule-drug conjugate (SMDC) The National Institutes of Health (NIH) and Vincerx announced positive results from enitociclib Phase 1 combination study, reporting a fourth partial response (PR) in a patient with peripheral T-cell lymphoma (PTCL) Vincerx reported the first PR in a patient with transformed follicular lymphoma...

 PRESS RELEASE

DXP Enterprises, Inc. Reports First Quarter 2024 Results

HOUSTON--(BUSINESS WIRE)-- DXP Enterprises, Inc. ("DXP" or the "Company") (NASDAQ: DXPE) today announced financial results for the first quarter ended March 31, 2024. The following are results for the three months ended March 31, 2024, compared to the three months ended March 31, 2023 and December 31, 2023, where appropriate. A reconciliation of the non-GAAP financial measures can be found in the back of this press release. First Quarter 2024 Financial Highlights: Sales increased 1.4 percent sequentially to $412.6 million, compared to $407.0 million for the fourth quarter of 2023 and decr...

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