Articles from Business Wire

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BrainChip Holdings Ltd (ASX: BRN, OTCQX: BRCHF, ADR: BCHPY), the world’s first commercial producer of ultra-low power, fully digital, event-based, neuromorphic AI, today announced its integration into an innovative technology offering that leverages the Akida™ processor to provide cybersecurity protection for WiFi access, home router, small enterprise routers and other network access devices.

The Law Offices of Frank R. Cruz announces an investigation of TELUS International (Cda) Inc. (“TELUS” or the “Company”) (NYSETIXT) on behalf of investors concerning the Company’s possible violations of federal securities laws.

The Board of Directors of Summit Bancshares Inc., at a meeting held on January 15, 2025, declared a quarterly cash dividend of $0.12 per share, an increase of $0.01 from 2024 quarterly dividends, payable on March 14, 2025, to holders of record as of the close of business on February 21, 2025.

Summit Bancshares, Inc., the parent company of Summit Bank, is pleased to welcome Ms. Denise Dodini as a member of the Board of Directors.

Arrcus, the hyperscale networking software company and a leader in core, edge, and multi-cloud routing and switching infrastructure, is proud to announce that Principal Engineer Kentaro Ebisawa will be presenting at JANOG55, taking place next week in Kyoto, Japan. Ebisawa will join Yuichiro Ueno of Preferred Networks in a session titled, “What is Ultra Ethernet? Let's talk about the expectations and challenges of the ‘new Ethernet.’”

AM Best has withdrawn the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of North End Re (Cayman) SPC (Cayman Islands) (NERC). At the time of the withdrawal, these Credit Ratings (ratings) were under review with developing implications.

KBRA assigns a rating of BBB+ to Blue Owl Credit Income Corp.'s ("OCIC" or “the company”) $400 million, 6.60% senior unsecured notes due September 15, 2029, which are an add-on to the $500 million 6.60% senior unsecured notes with original settlement date of May 14, 2024. The rating Outlook is Stable. The proceeds will be used for general corporate purposes and for repayment of existing indebtedness.

At CES 2025, the tech world witnessed the debut of a groundbreaking product that is set to revolutionize pet care: the Traini Smart Dog Collar. Combining advanced AI technology with real-time emotion tracking, this innovative device promises to offer pet owners a deeper understanding of their dog's emotional well-being.

HF Sinclair Corporation (NYSEDINO) (“HF Sinclair”) plans to announce results for the quarter ending December 31, 2024, on February 20, 2025, before the opening of trading on the NYSE. HF Sinclair has scheduled a webcast conference on February 20, 2025, at 8:30 a.m. Eastern time to discuss financial results.

Cameco (TSX: CCO; NYSE: CCJ) is pleased to announce and support the resolution reached by Westinghouse Electric Company (Westinghouse) in its intellectual property dispute with Korea Electric Power Corporation and Korea Hydro & Nuclear Power Co., Ltd., (collectively KEPCO and KHNP).

Westinghouse Electric Company announced a global settlement agreement with Korea Electric Power Corporation (KEPCO) and Korea Hydro & Nuclear Power Company (KHNP) to resolve its outstanding intellectual property dispute.

Responding to growing market demand for an industry solution for codec licensing in the video distribution market, Access Advance LLC (“Advance”) is pleased to announce the launch of its Video Distribution Patent (“VDP”) Pool.

Glancy Prongay & Murray LLP, a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of PVH Corp. (“PVH” or the “Company”) (NYSEPVH) investors concerning the Company’s possible violations of the federal securities laws.

MangoBoost, a provider of cutting-edge system solutions designed to maximize AI data center efficiency, is announcing the launch of Mango LLMBoost™, system optimization software providing unparalleled performance improvement and efficiency for AI inference.

Five Point Holdings, LLC (“Five Point”) (NYSEFPH), an owner and developer of large mixed-use planned communities in California, will hold a conference call to discuss its fourth quarter and year-end 2024 financial results at 5:00 p.m. Eastern Time on Thursday, January 23, 2025. A live Internet audio webcast of the conference call will be available on the Five Point website at https://ir.fivepoint.com.

West Coast Dental & Orthodontics, Adult & Kids proudly announces the grand opening of its new state-of-the-art dental office in Ontario, California, on January 17, 2025. The office is located at 910 N. Haven Ave., Suite 100, Ontario, CA 91764.

Magicland Children’s Dentistry & Orthodontics is excited to announce that its new state-of-the-art office in Ontario, California, had its grand opening on January 7, 2025. The office is located at 2254 S. Euclid Ave. Suite B, Ontario, CA 91762.

Royal Gold, Inc. (NASDAQRGLD) (together with its subsidiaries, “Royal Gold” or the “Company”) announced today that management will present at the 28th Annual CIBC Western Institutional Investor Conference.

Robbins Geller Rudman & Dowd LLP is investigating potential violations of U.S. federal securities laws involving FTAI Aviation Ltd. (NASDAQFTAI) focused on whether the company and certain of its top executives made false and/or misleading statements and/or failed to disclose material information to investors.

GolfStatus, the industry-leading platform for charity golf tournaments and fundraisers, is proud to announce its continued support for nonprofits to streamline their efforts and maximize impact during this pivotal planning season.

WaFd, Inc. (Nasdaq: WAFD): 

Captiva Partners, a real estate investment and operating firm specializing in industrial and flex properties across the West Coast, is proud to announce the off-market acquisition of a 40,075-square-foot multi-tenant small-bay industrial property located at 2209-2211 W 1st St in Tempe, Arizona, marking its entry into the Phoenix market.

A&D Mortgage, LLC (“A&D Mortgage”), the #1 Non-QM lender and a trusted name in the mortgage industry for over 20 years, is proud to announce the signing of a definitive agreement to acquire the wholesale and non-delegated correspondent mortgage business from Mr. Cooper Group Inc. (“Mr. Cooper”).

EPR Properties (NYSEEPR) announced today that the Company will release its fourth quarter 2024 financial results after the market close on Wednesday, February 26, 2025 at approximately 4:15 p.m. ET. Management will host a conference call to discuss the Company's financial results on Thursday, February 27, 2025 at 8:30 a.m. ET.

Alpha and Omega Semiconductor Limited ("AOS") (Nasdaq: AOSL) today announced that the company will release its financial results for the fiscal second quarter ended December 31, 2024 on Wednesday, February 5, 2025, after the market closes. The press release will be followed by a conference call and live webcast at 2:00 p.m. PT / 5:00 p.m. ET, which will be open to the public. During the conference call, the company will review the financial results and discuss other business matters.

Law Offices of Howard G. Smith announces an investigation on behalf of PVH Corp. (“PVH” or the “Company”) (NYSEPVH) investors concerning the Company’s possible violations of federal securities laws.

KBRA releases research on the potential impacts of recent Maryland Office of Financial Regulation (OFR) guidance on securitization financing for Maryland loans. The OFR issued a notice of emergency regulations and formal guidance on January 10 regarding the applicability of Maryland licensing laws to assignees of mortgage loans on properties in Maryland. The rule requires all persons engaged in mortgage lending, including mortgage trusts and their assignees, to obtain licenses under Maryland’s Installment Loan Licensing Law and Mortgage Lender Law.

Planet Labs PBC (NYSEPL), a leading provider of daily data and insights about Earth, today announced General John W. "Jay" Raymond, formerly Chief of Space Operations of the U.S. Space Force and member of the Joint Chiefs of Staff, has been elected to Planet’s board by stockholder written consent.

Transcontinental Realty Investors, Inc. (NYSETCI) announced today that as of the initial scheduled expiration time on January 15, 2025 at 5 pm local New York City time the Depositary for the previously announced tender offer to purchase up to 100,000 shares of common stock, par value $0.01 per share (the “Shares”) of Income Opportunity Realty Investors, Inc. (NYSE American: IOR) for $18 per Share, net to the seller in cash without interest and less any required withholding taxes (the “Offer”), which has been extended to 5 pm local New York City time on January 29, 2025 that at least 126,915 Shares had been tendered and not withdrawn from the tender offer. All terms and conditions of the tender offer remain unchanged.

Airgain, Inc. (NASDAQAIRG), a leading provider of wireless connectivity solutions that creates and delivers embedded components, external antennas, and integrated systems across the globe, today announced that it has granted inducement awards to one new non-executive employee who recently joined the Company.

Aeva® (NYSEAEVA), a leader in next-generation sensing and perception systems, today announced that it will transfer the listing of its common stock and its warrants to purchase common stock (NYSE: AEVA.WS) to the Nasdaq Global Select Market (“Nasdaq”) from the New York Stock Exchange. The Company expects to begin trading as a Nasdaq-listed company on January 28, 2025, with the common stock continuing to trade under the symbol “AEVA” and the warrants under the symbol “AEVAW”. Aeva’s common stock will be included in the Nasdaq Composite® Index after its first day of trading. The transfer to Nasdaq will also provide Aeva industry leading corporate services and branding support.

A new class-action lawsuit filed against Procter & Gamble Co. accuses the conglomerate of intentionally misleading consumers of the massive environmental impact of its Charmin toilet paper, alleging P&G makes environmental promises that mask its widespread deforestation practices, according to attorneys at Hagens Berman.

Directors of IDACORP, Inc. (NYSEIDA) today declared a common stock dividend of $0.86 per share, payable February 28, 2025 to holders of record at the close of business on February 5, 2025.

Franklin Street Properties Corp. (“FSP”) (NYSE American: FSP) announced today the tax composition of its 2024 distributions. Shareholders are encouraged to consult with their personal tax advisors as to their specific tax treatment of FSP distributions.

The Department of Transportation (DOT) and the Federal Highway Administration (FHWA) announced on January 10th that the agency awarded nearly $25 million in grant funding to the Port of Houston Authority (Port Houston) as part of a public-private collaboration between Port Houston and Linde Inc. (Linde), a leading industrial gases company, with additional partners GTI Energy, Argonne National Laboratory, and Center for Houston’s Future. This award will be used to construct and operate a hydrogen fueling station for heavy-duty trucks.

Benchmark Electronics, Inc. (NYSEBHE) will announce fourth quarter and fiscal year 2024 results on Wednesday, January 29, 2025 after the market close. The Company will host a conference call to discuss these results on the same day at 5:00 p.m. Eastern Time.

ICL (NYSEICL) (TASE: ICL), a leading global specialty minerals company, today announced it has signed a joint venture (JV) agreement with Shenzhen Dynanonic Co., Ltd. to establish lithium iron phosphate (LFP) cathode active material (CAM) production in Europe, with an initial investment of approximately €285 million. A new facility at ICL's Sallent, Spain, site is currently in planning stages and will substantially expand the company’s battery materials business. The project demonstrates ICL’s commitment to developing high-quality solutions for a sustainable supply chain and represents a significant step forward for the company’s battery materials portfolio, this time into Europe.

Rivian (NASDAQRIVN) today announced it has closed its loan agreement with the U.S. Department of Energy’s (DOE) Loan Programs Office (LPO) for up to $6.6 billion (including $6 billion of principal and approximately $600 million of capitalized interest) in financial support for the construction of its next manufacturing facility in Stanton Springs North, near the City of Social Circle, Georgia. These funds will help secure American leadership in electric vehicles while supporting the creation of 7,500 new manufacturing jobs and accelerating the volume expansion of the company’s new R2 SUV and R3 crossover.

Hess Midstream LP (NYSEHESM) (“Hess Midstream”) announced today that it will hold a conference call on Wednesday, January 29, 2025, at 12:00 p.m. Eastern Time to discuss its fourth quarter 2024 earnings release.

The GEO Group, Inc. (NYSEGEO) (“GEO” or the “Company”) commented today on a ruling by the U.S. Court of Appeals for the Ninth Circuit in relation to the Nwauzor v. The GEO Group case (the “Nwauzor Case”).

Ventas, Inc. (NYSEVTR) will issue its fourth quarter 2024 earnings release after the close of trading on the New York Stock Exchange on Wednesday, February 12, 2025. A conference call to discuss those earnings will be held on Thursday, February 13, 2025 at 10:00 a.m. Eastern Time (9:00 a.m. Central Time).

Acuren Corporation (the “Company” or “Acuren”) (OTCQX: TICA), a leading provider of asset integrity services, today announced that it had successfully completed the repricing of its $773 million term loan.

First American Financial Corporation (NYSEFAF), a premier provider of title, settlement and risk solutions for real estate transactions and the leader in the digital transformation of its industry, today announced that it will host a conference call to discuss its fourth-quarter and full-year 2024 earnings results on Thursday, Feb. 13, 2025, at 11 a.m. EST.

Moog Inc. (NYSE: MOG.A and MOG.B) will release its first quarter fiscal 2025 earnings on Friday, January 24, 2025. In conjunction with this release, Pat Roche, CEO, and Jennifer Walter, CFO, will host a conference call beginning at 10:00 a.m. ET, which will be simultaneously broadcast live online.

USA Compression Partners, LP (NYSEUSAC) (“USA Compression”) today announced a cash distribution of $0.525 per common unit ($2.10 on an annualized basis) for the fourth-quarter of 2024. The distribution will be paid on February 7, 2025 to unitholders of record as of the close of business on January 27, 2025.

The Board of Directors of Valero Energy Corporation (NYSE: VLO, “Valero”) has approved an increase in the company’s regular quarterly cash dividend on common stock from $1.07 per share to $1.13 per share. The dividend is payable on March 3, 2025 to holders of record at the close of business on January 30, 2025. The increase in the dividend raises the annualized cash dividend rate on Valero’s common stock to $4.52 per share.

Corebridge Financial, Inc. (NYSECRBG) today announced that it will report fourth quarter and full year 2024 financial results after the market closes on Wednesday, February 12, 2025. Corebridge earnings materials will be available in the Investors section of corebridgefinancial.com.

Mirion (NYSEMIR) announced today that it will release financial results for fourth quarter and full year 2024 after market close on Tuesday, February 11, 2025. Following the news release, the company will host a conference call the next day, Wednesday, February 12, 2025, at 11:00 am ET to discuss the results.

For weeks, Optimum and MSG Networks have been negotiating continued carriage on Optimum systems. Over the last two weeks, Optimum hosted MSG Networks’ executives in its offices twice and hosted multiple calls trying to find a solution that would bring MSG Networks’ content to fans and prevent non-viewers from having to pay for what they do not watch. MSG Networks has refused all offers. Perhaps MSG Networks is purposely trying to tank the deal to get customers to pay three times more for their own app AND save the Sphere by bankrupting MSG Networks?

Premier, Inc. (NASDAQPINC) today announced that it will release financial results for its fiscal 2025 second quarter on Tuesday, February 4, 2025, at approximately 6:30 a.m. ET. The company will also host a conference call at 8:00 a.m. ET to discuss its financial results.

AvalonBay Communities, Inc. (the “Company”) (NYSEAVB) announced today the final income allocations of the Company’s 2024 dividend distributions on its Common Stock. The final dividend allocations as they will be reported on Form 1099-DIV are set forth in the following table:

Park Hotels & Resorts Inc. (NYSEPK) (“Park” or the “Company”) today announced the tax reporting information for its 2024 cash distributions on its Common Stock.

JBG SMITH (NYSEJBGS), a leading owner and developer of high-quality, mixed-use properties in the Washington, DC market, today announced the tax treatment of the Company's 2024 distributions on its common shares. The income allocations as they will be reported on Form 1099-DIV are set forth in the following table. JBG SMITH recommends consultation with a tax advisor regarding the federal, state, and local income tax consequences of these distributions.

Celanese Corporation (NYSECE), a global chemical and specialty materials company, today announced a new addition to its Executive Leadership Team (ELT).

Modiv Industrial, Inc. (“Modiv Industrial,” “Modiv” or the “Company”) (NYSEMDV), the only public REIT exclusively focused on acquiring industrial manufacturing real estate properties, announced the tax treatment for its 2024 common stock and preferred stock dividends.

BWX Technologies, Inc. (NYSEBWXT) will issue a press release detailing fourth quarter and full-year 2024 results on Monday, February 24, 2025, after market close and will host a conference call at 5:00 p.m. EST.

Principal Financial Group® (Nasdaq: PFG) announced today that Amy Friedrich, president, Benefits & Protection, will participate in a fireside chat at the UBS Financial Services Conference on Monday, February 10, 2025, beginning at approximately 11:20 a.m. Eastern Time. Friedrich will participate in a question-and-answer session covering a variety of industry and company topics.

Fastenal Company (Nasdaq:FAST) (collectively referred to as 'Fastenal' or by terms such as 'we', 'our', or 'us') reported its board of directors declared a dividend of $0.43 per share to be paid in cash on February 28, 2025 to shareholders of record at the close of business on January 31, 2025. Except for share and per share information, dollar amounts are stated in millions.

Jackson Financial Inc.1 (NYSEJXN) (Jackson®) will announce financial results for the fourth quarter and full year ended December 31, 2024, after market close Wednesday, February 19, 2025. Jackson’s press release and supplemental financial materials will be available at investors.jackson.com.

Summit Therapeutics Inc. (NASDAQSMMT) ("Summit," "we," or the "Company") today announced the grant of inducement awards of options to purchase a collective total of up to 145,550 shares of common stock. Awards were made to nine new employees of the Company. The awards were granted as an inducement material to the new employees becoming employees of the Company in accordance with Nasdaq Listing Rule 5635(c)(4) and have been approved by the Company’s Compensation Committee. The inducement awards were granted on January 10, 2025. The options have a ten (10) year term and an exercise price of $17.85 per share, the closing price per share of the Company’s common stock as reported by Nasdaq on January 10, 2025. The options were granted from a pool of equity incentives reserved by the Compensation Committee on May 3, 2024 for issuance as inducements to new employees in accordance with Nasdaq Listing Rule 5635(c)(4).

Orion Office REIT Inc. (NYSEONL) (“Orion” or the “Company”), a fully-integrated real estate investment trust focused on the ownership, acquisition and management of a diversified portfolio of single-tenant net lease office properties located across the United States, announced today that it will release its operating results for the fourth quarter and full year ended December 31, 2024 after market close on Wednesday, March 5, 2025.

Assurant, Inc. (NYSEAIZ), a leading global business services company that supports, protects, and connects major consumer purchases, announced today that its Board of Directors declared a quarterly dividend of $0.80 per share of common stock. The dividend will be payable on March 31, 2025 to stockholders of record as of the close of business on February 3, 2025.

Digi International® Inc. (NASDAQDGII) will release its financial results for the first fiscal quarter 2025 on Wednesday, February 5, after market close, at approximately 4:00 p.m. ET. Ron Konezny, CEO, and Jamie Loch, CFO, will host a conference call later the same day, at 5:00 p.m. ET, to briefly discuss the results and will take questions and provide answers.

BlackSky Technology Inc. (NYSEBKSY) was selected by the National Geospatial-Intelligence Agency as one of the vendors for the $200 million Luno B commercial data indefinite delivery, indefinite quantity contract.

IDEXX Laboratories, Inc. (NASDAQIDXX), a global leader in pet healthcare innovation, has scheduled the release of its 2024 fourth quarter and full year financial results for Monday, February 3, 2025, before the market opens. The Company will conduct an analyst conference call beginning at 8:30 a.m. ET on that day.

Independent Bank Corp. (Nasdaq Global Select Market: INDB), parent of Rockland Trust Company, today announced 2024 fourth quarter net income of $50.0 million, or $1.18 per diluted share, as compared to 2024 third quarter net income of $42.9 million, or $1.01 per diluted share. Financial results for the fourth quarter of 2024 also reflected pre-tax merger-related costs of $1.9 million associated with the Company’s pending acquisition of Enterprise Bancorp, Inc. (“Enterprise”) and its subsidiary, Enterprise Bank, announced on December 9, 2024. Excluding these merger-related costs and the related tax effects, operating net income was $51.4 million, or $1.21 per diluted share. No merger-related costs were incurred during the third quarter of 2024. The increase in net income was largely attributable to growth in net interest income, a decrease in loan loss provision, and a reduced tax rate compared to the prior quarter, as detailed below. Full year 2024 net income was $192.1 million, or $4.52 per diluted share, as compared to prior year net income of $239.5 million, or $5.42 per diluted share. In addition, full year operating net income was $193.4 million, or $4.55 on a diluted earnings per share basis, which excluded the aforementioned merger-related costs associated with the pending Enterprise acquisition. There were no non-core adjustments included in the Company’s full year 2023 results. Please refer to “Reconciliation of Net Income (GAAP) to Operating Net Income (Non-GAAP)” below for a reconciliation of net income to operating net income.

Boise Cascade Company (Boise Cascade) (NYSEBCC) announced today that Jeff Strom will become its new chief operating officer (COO), effective January 20, 2025. This new role will oversee the operations for the company’s Wood Products and Building Materials Distribution (BMD) divisions.

Coursera, Inc. (NYSECOUR) today announced it will release its financial results for the fourth quarter and full year ended December 31, 2024 after the U.S. stock market closes on Thursday, January 30, 2025. The company will issue the results via a press release with accompanying consolidated financial information before holding a conference call broadcast at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time).

Affirm Holdings, Inc. (NASDAQAFRM), the payment network that empowers consumers and helps merchants drive growth, today announced that it will publish its second quarter fiscal year 2025 shareholder letter, including its financial results, on its investor relations website at https://investors.affirm.com/ on Thursday, February 6, 2025, after market close. The Company will host a conference call and webcast at 5:00pm ET that same day. Hosting the call will be Max Levchin (Founder and Chief Executive Officer), Michael Linford (Chief Operating Officer), and Rob O'Hare (Chief Financial Officer).

ZoomInfo (NASDAQZI), the Go-To-Market Intelligence platform, today announced the appointment of Katie Rooney to its Board of Directors, effective February 1, 2025. Ms. Rooney will serve on the Board’s Audit and Nominating and Corporate Governance Committees.

National Vision Holdings, Inc. (NASDAQEYE) (“National Vision” or the “Company”) today announced updates to its leadership structure that include expanded responsibilities for three executive team members and that Melissa Rasmussen, Chief Financial Officer, will depart following a transition period.

Mattel, Inc. (NASDAQMAT) today announced that Anthony DiSilvestro, Chief Financial Officer (CFO), has informed the Company of his plans to retire on May 15, 2025. The Company has initiated a comprehensive search process with the assistance of a leading executive search firm. Following his retirement date, DiSilvestro will serve as an advisor through August 15, 2025, to ensure a smooth transition.

Trinity Industries, Inc. (NYSETRN) (“Trinity”) announced today that it will report its financial results for the three months and twelve months ended December 31, 2024 before the financial markets open on February 20, 2025.

NETSTREIT Corp. (the “Company”), a nationwide owner of high-quality, single-tenant net lease properties, today announced that it will release its fourth quarter 2024 financial results on Monday, February 24, 2025 after the close of trading on the New York Stock Exchange. A conference call will be held on Tuesday, February 25, 2025 at 11:00 AM ET.