CEMATRIX Announces 2024 First Quarter Financial Results Record Q1 Revenue of $8.4M with positive adjusted EBITDA CALGARY, Alberta, May 08, 2024 (GLOBE NEWSWIRE) -- CEMATRIX Corporation (TSXV: CVX) (OTCQB: CTXXF) (“CEMATRIX” or the “Company”) a North American leading manufacturer and supplier of technologically advanced cellular concrete products announced the release of its consolidated financial results for the first quarter ended March 31, 2024. “I am thrilled to report that CEMATRIX has not only achieved another record quarter along with substantial improvements in our key fin...
OAXACA, Mexico--(BUSINESS WIRE)-- In an ongoing effort to enhance its customer experience and expand its financial services offering, OXXO and Western Union today announced a strengthening of its cross-border remittance services in Mexico. Together, OXXO and Western Union will enable a communication strategy with select concept stores in Oaxaca with Western Union services. This press release features multimedia. View the full release here: An OXXO store with Western Union services in Oaxaca (Photo: Business Wire) Claudia Reyes Armebianchi, Vice President and Head of Western Union Mexico and C...
DENVER--(BUSINESS WIRE)-- Western Union and Adonis supermarkets today announced a strategic alliance to help facilitate cross-border money transfer capabilities in Canada. The alliance benefits scores of consumers in Canada by offering Western Union services in the following Adonis locations in Montreal: Adonis Seville: 2173 St.-Catherine St. W Adonis Griffintown: 225 Peel St. “We are excited to establish this new alliance with Adonis,” said Ari Hagnas, Vice President and Head of Western Union Canada. “Adonis and its unique offerings reflect its mission to provide quality food and a...
DENVER--(BUSINESS WIRE)-- The Western Union Company (NYSE: WU) today announced that the Company will present at the J.P. Morgan Global Technology, Media and Communications Conference on Tuesday, May 21, 2024. The presentation will begin at 8:10 a.m. Eastern Time and will include comments from Devin McGranahan, Chief Executive Officer. Investors and interested parties will be able to listen to the investor presentation via webcast from , under the investor relations section. The archived webcast will be available shortly after the conclusion of the presentation. About Western Union The We...
DENVER--(BUSINESS WIRE)-- Western Union et les épiceries Adonis annoncent aujourd'hui une alliance stratégique pour faciliter les capacités transfrontalières de transfert d'argent au Canada. L'alliance profite à de nombreux consommateurs au Canada en offrant les services Western Union dans les points de vente Adonis suivantes à Montréal : Adonis Seville : 2173 St.-Catherine St. W Adonis Griffintown : 225 Peel St. « Nous sommes ravis d’établir cette nouvelle alliance avec Adonis », déclare Ari Hagnas, vice-président et directeur général de Western Union Canada. « Adonis et ses offres...
ACM Research Reports First Quarter 2024 Results FREMONT, Calif., May 08, 2024 (GLOBE NEWSWIRE) -- ACM Research, Inc. (“ACM”) (NASDAQ: ACMR), a leading supplier of wafer processing solutions for semiconductor and advanced wafer-level packaging applications, today reported financial results for its first quarter ended March 31, 2024. “I am pleased with our first quarter results, a solid start for 2024. We delivered 105% revenue growth, record shipments, and strong profitability," said ACM’s President and Chief Executive Officer, Dr. David Wang. “Our results demonstrate continued sp...
ACM Research Expands Advanced Packaging Portfolio with Introduction of Frame Wafer Cleaning Tool Achieves residue-free performance for post-debonding cleaning while minimizing environmental impact FREMONT, Calif., May 08, 2024 (GLOBE NEWSWIRE) -- (“ACM”) (NASDAQ: ACMR), a leading supplier of wafer processing solutions for semiconductor and advanced wafer-level packaging applications, today introduced its Frame Wafer Cleaning Tool for advanced packaging. The tool effectively cleans semiconductor wafers during the post-debonding cleaning process. The Frame Wafer Cleaning Tool also includ...
ACM Research Appoints David Kim as CEO of ACM Research Korea FREMONT, Calif., May 08, 2024 (GLOBE NEWSWIRE) -- ACM Research, Inc. (“ACM”) (NASDAQ: ACMR), a leading supplier of wafer processing solutions for semiconductor and advanced wafer-level packaging applications, today announced the appointment of David Kim as Chief Executive Officer of ACM Research Korea CO., LTD. (“ACM Research Korea”). Mr. Kim brings more than thirty years of semiconductor manufacturing experience to his new role, having held senior positions at major corporations such as Hyundai Electronics and SK Hynix. His ex...
Occidental Announces First Quarter 2024 Results HOUSTON, May 07, 2024 (GLOBE NEWSWIRE) -- (NYSE: OXY) today announced its first quarter 2024 financial results. The earnings release and accompanying financial schedules can be accessed via the section of the company’s website, . The earnings release is also available on the U.S. Securities and Exchange Commission’s website at sec.gov. The company will hold a conference call to discuss the results on Wednesday, May 8, 2024, at 1 p.m. Eastern/12 p.m. Central. The conference call may be accessed by calling 1-866-871-6512 (international call...
Major Risk-On Developments; Bullish Outlook Intact Over the past two weeks we have discussed the possibility that further downside was limited (4/23/24 Compass) and the mounting evidence that suggests the lows may be in for this pullback (4/30/24 Compass). Major risk-on developments for the broad equity market have continued to roll in over the past week, which we discuss below. As a result, we continue to believe the lows are in for this pullback, and we see the pullback to the 100-day MA on t...
Moody's Ratings (Moody's) has completed a periodic review of the ratings of Marathon Oil Corporation and other ratings that are associated with this issuer. The review was conducted through a rating committee held on 6 May 2024 in which Moody's reassessed the appropriateness of the ratings in the c...
CEMATRIX To Report First Quarter Results On May 8, 2024 Earnings Webinar Scheduled For 1:00 p.m. ET, May 9, 2024 CALGARY, Alberta, May 07, 2024 (GLOBE NEWSWIRE) -- CEMATRIX Corporation (TSXV: CVX) (OTCQB: CTXXF) ("CEMATRIX" or the "Company"), a North American leading manufacturer and supplier of technologically advanced cellular concrete products, today announced that it will release its consolidated financial results for the first quarter ending March 31, 2024, after the market closes on May 8, 2024. Management will host a webinar at 1:00 p.m. ET on Thursday, May 9, 2024, to discuss ...
Credit markets are materially overstating TWI's credit risk with a YTW of 7.338% relative to an Intrinsic YTW of 5.198% and an Intrinsic CDS of 99bps. Furthermore, Moody's is materially overstating TWI's fundamental credit risk with its highly speculative B1 credit rating five notches below Valens' IG4 (Baa2) credit rating. Incentives Dictate Behavior™ analysis highlights positive signals for creditors. TWI's metrics should generally drive management to focus on margins and turns, which could ...
Alico, Inc. Announces Financial Results for the Second Quarter and Six Months Ended March 31, 2024 FORT MYERS, Fla., May 06, 2024 (GLOBE NEWSWIRE) -- Alico, Inc. (“Alico”, the “Company”, “we”, or “our”) (Nasdaq: ALCO) today announces financial results for the second quarter of fiscal year 2024 and the six months ended March 31, 2024, the highlights of which are as follows: Revenues of $32.1 million for the six months ended March 31, 2024 were relatively flat as compared to $31.9 million in the six months ended March 31, 2023.Net income attributable to Alico, Inc. common stockholders of $...
We find the recent freight market strength and even stronger share price performance exaggerated given our dry bulk sector outlook. Chinese import demand is in question from the record-high run-rate due to flailing fundamental demand. Elevated asset values versus our rate expectations leave a fragile situation for valuations and we believe the risks outweigh the upside potential medium-term. Hence, we have downgraded to SELL (HOLD) and have cut our target price to NOK140 (142).
Alignment Healthcare Reports First Quarter 2024 Results Reports $628.6 million in total revenue and $627.6 million in revenue excluding ACO REACH, up 43.1% and 54.2% year-over-year respectivelyMedicare Advantage membership grows 50.5% year-over-year to approximately 165,100 membersIncreases membership and revenue outlook following strong first-quarter enrollment results, narrows year-end adjusted EBITDA guidance range ORANGE, Calif., May 02, 2024 (GLOBE NEWSWIRE) -- Alignment Healthcare, Inc. (NASDAQ: ALHC), today reported financial results for its first quarter ended March 31, 2024. “A...
NORMAL, Ill.--(BUSINESS WIRE)-- Rivian Automotive, Inc. (NASDAQ: RIVN) announced today it has received an $827M incentive package from the State of Illinois Department of Commerce & Economic Opportunity, which will allow the company to expand operations at its plant in Normal, IL. The funds from the incentive package will go towards expansion of the plant, improvements in public infrastructure and job training programs for Rivian’s workforce, leading up to the company’s production of its midsized SUV, R2. Rivian will be participating in several city improvement projects to demonstrate its ongo...
DALLAS--(BUSINESS WIRE)-- Pioneer Natural Resources Company (NYSE:PXD) ("Pioneer" or "the Company") today issued the following statement in response to the decision by the U.S. Federal Trade Commission ("FTC") to clear the proposed merger with Exxon Mobil Corporation (NYSE: XOM) ("ExxonMobil") subject to a Consent Order based on allegations in a settlement Complaint directed at Mr. Sheffield: We disagree and are surprised by the FTC’s Complaint saying that Mr. Sheffield’s record and statements on matters of public interest should disqualify him from serving on the ExxonMobil Board of Directo...
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