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Jonathan Moreland
  • Jonathan Moreland

InsiderInsights.com Daily Ratings Report: January 15, 2025

InsiderInsights Ratings of Companies with Open-Market Form 4 Purchases; Sales Filed at the SEC on the date above. We separate the real investment intelligence from the noise. Saving you time, and improving your research process

 PRESS RELEASE

Climb Global Solutions Appoints Matthew Sullivan as Chief Financial Of...

Climb Global Solutions Appoints Matthew Sullivan as Chief Financial Officer EATONTOWN, N.J., Jan. 13, 2025 (GLOBE NEWSWIRE) -- Climb Global Solutions, Inc. (NASDAQ:CLMB) (“Climb”, the “Company”, “we”, or “our”), a value-added global IT channel company providing unique sales and distribution solutions for innovative technology vendors, today announced that Matthew Sullivan, the current Chief Accounting Officer of Climb, was appointed to the position of Chief Financial Officer (“CFO”), effective January 10, 2025, following the retirement of Andrew (“Drew”) Clark. Mr. Clark will remain with ...

 PRESS RELEASE

Avalo Therapeutics Appoints Jennifer Riley as Chief Strategy Officer

Avalo Therapeutics Appoints Jennifer Riley as Chief Strategy Officer WAYNE, Pa. and ROCKVILLE, Md., Jan. 02, 2025 (GLOBE NEWSWIRE) -- Avalo Therapeutics, Inc. (Nasdaq: AVTX), a clinical stage biotechnology company focused on the treatment of immune dysregulation, today announced the appointment of Jennifer Riley as Chief Strategy Officer, effective January 1, 2025. In this newly created role, Ms. Riley will oversee corporate strategy and commercial and product pipeline planning, with a goal of driving growth and innovation across the organization. “We are thrilled to welcome Jennifer to ...

Jonathan Moreland
  • Jonathan Moreland

InsiderInsights.com Daily Ratings Report: December 13, 2024

InsiderInsights Ratings of Companies with Open-Market Form 4 Purchases; Sales Filed at the SEC on the date above. We separate the real investment intelligence from the noise. Saving you time, and improving your research process

 PRESS RELEASE

Garrett Motion Announces Long-Term Capital Allocation Framework, Inclu...

Garrett Motion Announces Long-Term Capital Allocation Framework, Including New Quarterly Dividend and $250M Share Repurchase Program for 2025 ROLLE, Switzerland and PLYMOUTH, Mich., Dec. 05, 2024 (GLOBE NEWSWIRE) -- Garrett Motion Inc. (Nasdaq: GTX) ("Garrett" or the "Company"), a leading differentiated automotive technology provider, today announced the adoption of a long-term capital allocation framework, under which the Company will target returning 75% or more of its Adjusted Free Cash Flow to shareholders over time through a combination of share repurchases and a regular quarterly ca...

 PRESS RELEASE

Scality and Climb Channel Solutions Partner to Reimagine Distribution ...

Scality and Climb Channel Solutions Partner to Reimagine Distribution for AI and Cyber-resilient Storage Software EATONTOWN, N.J., Dec. 05, 2024 (GLOBE NEWSWIRE) -- Climb Channel Solutions, an international specialty technology distributor and wholly owned subsidiary of Climb Global Solutions, Inc. (NASDAQ: CLMB) yesterday announced a new partnership with Scality, a global leader in cyber-resilient storage software for the AI era. This strategic collaboration aims to expand Scality's reach across North America, enabling organizations to access scalable, secure, and high-performance storag...

 PRESS RELEASE

COTY SIGNE AVEC SWAROVSKI UN ACCORD DE LICENCE POUR LE DEVELOPPEMENT D...

NEW YORK et WATTENS, Autriche--(BUSINESS WIRE)-- Coty (NYSE : COTY) (Paris : COTY), l’un des leaders mondiaux de la beauté, reconnu pour son portefeuille de marques emblématiques en parfumerie, maquillage et soin, annonce un partenariat avec Swarovski, la célèbre Maison de cristal. Cet accord de licence à long terme vise à développer, produire et distribuer une nouvelle vision du parfum et de la beauté. Ce communiqué de presse contient des éléments multimédias. Voir le communiqué complet ici : COTY AND SWAROVSKI SIGN LONG-TERM AGREEMENT FOR NEW ENTRY INTO BEAUTY MARKET ©Tom Steinlechner (lef...

 PRESS RELEASE

Coty and Swarovski Sign Long-Term Agreement for New Entry Into Beauty ...

NEW YORK & WATTENS, Austria--(BUSINESS WIRE)-- Coty (NYSE: COTY) (Paris: COTY), one of the world’s largest beauty companies with a portfolio of iconic brands across fragrance, color cosmetics, and skin and body care, has joined forces with world-renowned crystal house Swarovski to announce an agreement for a long-term beauty license, with the opportunity to develop, produce and distribute a new vision of fragrances. This press release features multimedia. View the full release here: COTY AND SWAROVSKI SIGN LONG-TERM AGREEMENT FOR NEW ENTRY INTO BEAUTY MARKET ©Tom Steinlechner (left: Jean Hol...

Coty Inc. - September 2024 (LTM): Peer Snapshot

Compares key performance metrics against industry peers.

 PRESS RELEASE

Coty Inc. Announces Early Results of its Cash Tender Offer for a Porti...

NEW YORK--(BUSINESS WIRE)-- Coty Inc. (NYSE:COTY) (Paris:COTY) (“Coty” or the “Company”) announced today the early results of its previously announced tender offer to purchase for cash up to $300,000,000 aggregate principal amount (the “Notes Cap”) (reflecting a $50,000,000 increase from the previously announced cap of $250,000,000) of its outstanding 5.000% Senior Secured Notes due 2026 (the “Notes”). Such offer to purchase is referred to herein as the “Tender Offer.” The Tender Offer is being made pursuant to the terms and conditions set forth in the Offer to Purchase, dated November 6, 2024...

 PRESS RELEASE

Avalo Therapeutics Receives $69.4 Million in Proceeds from the Full Ex...

Avalo Therapeutics Receives $69.4 Million in Proceeds from the Full Exercise of Private Placement Warrants Proceeds from the full exercise of warrants issued in the first quarter of 2024 private placement bring the total gross proceeds from the transaction to $185 millionCash runway expected into at least 2027 WAYNE, Pa. and ROCKVILLE, Md., Nov. 12, 2024 (GLOBE NEWSWIRE) -- Avalo Therapeutics, Inc. (Nasdaq: AVTX), a clinical stage biotechnology company focused on the treatment of immune dysregulation, today announced that it has received $69.4 million in gross proceeds from the full ex...

 PRESS RELEASE

Avalo Therapeutics to Present at Upcoming Investor Conferences

Avalo Therapeutics to Present at Upcoming Investor Conferences WAYNE, Pa. and ROCKVILLE, Md., Nov. 11, 2024 (GLOBE NEWSWIRE) -- Avalo Therapeutics, Inc. (Nasdaq: AVTX), a clinical stage biotechnology company focused on the treatment of immune dysregulation, today announced that Garry A. Neil, M.D., Chief Executive Officer and Chairman of the Board, will present at two upcoming investor conferences: Stifel 2024 Healthcare Conference, New YorkMonday, November 18, 2024 at 3:35 PM ET Piper Sandler 36th Annual Healthcare Conference, New YorkWednesday, December 5, 2024 at 11:00 AM ET Live we...

 PRESS RELEASE

Avalo Reports Third Quarter 2024 Financial Results and Recent Business...

Avalo Reports Third Quarter 2024 Financial Results and Recent Business Updates Dosed first patient in Phase 2 LOTUS Trial of AVTX-009 for the treatment of hidradenitis suppurativa (HS), with topline data expected in 2026Cash position of approximately $82 million as of September 30, 2024 with subsequent receipt of approximately $58 million of warrant exercise proceeds in 4Q 2024, provides expected runway into at least 2027 WAYNE, Pa. and ROCKVILLE, Md., Nov. 07, 2024 (GLOBE NEWSWIRE) -- Avalo Therapeutics, Inc. (Nasdaq: AVTX), a clinical stage biotechnology company focused on the treatmen...

 PRESS RELEASE

Coty Inc. Announces Cash Tender Offer for Up to $250 Million Outstandi...

NEW YORK--(BUSINESS WIRE)-- Regulatory News: Coty Inc. (NYSE: COTY) (Paris:COTY) (“Coty” or the “Company”) today announced its offer to purchase for cash up to $250,000,000 aggregate principal amount (subject to increase) (the “Notes Cap”) of its outstanding 5.000% Senior Secured Notes due 2026 (the “Notes”). Such offer to purchase is referred to herein as the “Tender Offer.” Title of Security Security Identifiers Principal Amount Outstanding Tender Offer Consideration(1)(2) Early Tender Premium(1)(2) Total Consideration(1)(2)(3) 5.000% Senior Secured Notes due ...

 PRESS RELEASE

Coty Reports Solid Q1 Growth Fueled by Prestige Fragrances, Outperform...

NEW YORK--(BUSINESS WIRE)-- Regulatory News: Coty Inc. (NYSE: COTY) (Paris: COTY) ("Coty" or "the Company") today announced its results for the first quarter of fiscal year 2025, ended September 30, 2024. The Company delivered continued sales and gross margin expansion in the first quarter, while continuing to invest behind its brands for the long term and execute across its strategic growth pillars. In 1Q25, Coty's net revenues grew 2% on a reported basis and included a 1% headwind from FX and a 1% headwind from the divestiture of the Lacoste license. Coty's Q1 net revenues grew 4.5% on a L...

 PRESS RELEASE

Coty Achieves Key Milestones and Sets New Targets in FY24 Sustainabili...

NEW YORK--(BUSINESS WIRE)-- Today, Coty (NYSE: COTY) releases its , showcasing its significant progress across environmental goals, reaffirming its commitment to a more sustainable beauty industry, and exceeding certain key targets set for 2030 well ahead of schedule. As the beauty powerhouse celebrates its 120th year, Coty continues to advance sustainability in the industry, with bold commitments that reinforce its Beauty that Lasts strategy. Coty CEO Sue Nabi comments, “As we mark our 120th anniversary, we are immensely proud of our achievements in sustainability and innovation. In FY24, Co...

 PRESS RELEASE

COTY ATTEINT SES OBJECTIFS ET DEFINIT DE NOUVEAUX ENGAGEMENTS DANS SON...

NEW YORK--(BUSINESS WIRE)-- Coty (NYSE: COTY) (Paris: COTY) publie son et partage ses progrès en matière d'objectifs environnementaux, réaffirmant son engagement pour une industrie de la beauté plus durable. Coty dépasse certains de ses objectifs clés et devance l'échéancier de 2030. Alors que le groupe célèbre son 120e anniversaire, Coty renouvelle ses engagements avec des objectifs audacieux qui renforcent sa stratégie « Beauty that Lasts ». La Directrice Générale de Coty, Sue Nabi, déclare : “Alors que nous célébrons notre 120e anniversaire, nous sommes fiers du chemin parcouru en matière...

 PRESS RELEASE

Climb Global Solutions Reports Record Third Quarter 2024 Results

Climb Global Solutions Reports Record Third Quarter 2024 Results Net Income and Adjusted Net Income up more than 2x to $5.5 Million or $1.19 per Share and $7.1 million or $1.55 per share, respectively; Adjusted EBITDA up 96% to $9.9 Million Net Sales up 52% to $119.3 Million, with Adjusted Gross Billings Up 65% to $465.2 Million EATONTOWN, N.J., Oct. 30, 2024 (GLOBE NEWSWIRE) -- Climb Global Solutions, Inc. (NASDAQ:CLMB) (“Climb”, the “Company”, “we”, or “our”), a value-added global IT channel company providing unique sales and distribution solutions for innovative technology vendors, i...

 PRESS RELEASE

Climb Channel Solutions Launches North American Partnership with Cyber...

Climb Channel Solutions Launches North American Partnership with Cybersecurity Vendor Fortra EATONTOWN, N.J., Oct. 29, 2024 (GLOBE NEWSWIRE) -- Climb Channel Solutions, an international specialty technology distributor and wholly owned subsidiary of Climb Global Solutions, Inc. (NASDAQ: CLMB), announced a North American partnership with Fortra. Fortra provides trusted cybersecurity solutions that span every part of the cyber-attack chain, from detection to response. Through this partnership, Climb North American VARs and MSPs have access to Fortra’s entire portfolio, which includes solut...

 PRESS RELEASE

Garrett Motion Reports Third Quarter 2024 Financial Results; Updates F...

Garrett Motion Reports Third Quarter 2024 Financial Results; Updates Full Year 2024 Outlook Third Quarter 2024 Financial Highlights Net sales totaled $826 million, down 14% on a reported and constant currency* basisNet income totaled $52 million; Net income margin of 6.3%Adjusted EBITDA* totaled $144 million; Adjusted EBITDA margin* of 17.4%Net cash provided by operating activities totaled $67 millionAdjusted free cash flow* totaled $71 million Third Quarter 2024 Business Highlights Won new marine and auxiliary power awards for our largest turbocharger with start of pro...

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