ETR

Runway Growth Finance Corp. Provides First Quarter 2024 Portfolio Update

Retrieved on: 
Tuesday, April 9, 2024

MENLO PARK, Calif., April 09, 2024 (GLOBE NEWSWIRE) -- Runway Growth Finance Corp. (Nasdaq: RWAY) (“Runway Growth” or the “Company”), a leading provider of flexible capital solutions to late- and growth-stage companies seeking an alternative to raising equity, today provided an operational and portfolio update for the first quarter ended March 31, 2024.

Key Points: 
  • MENLO PARK, Calif., April 09, 2024 (GLOBE NEWSWIRE) -- Runway Growth Finance Corp. (Nasdaq: RWAY) (“Runway Growth” or the “Company”), a leading provider of flexible capital solutions to late- and growth-stage companies seeking an alternative to raising equity, today provided an operational and portfolio update for the first quarter ended March 31, 2024.
  • The team is in a strong position to drive performance with ample capital to execute against our long-term growth strategy and deliver shareholder value.”
    In the first quarter of 2024, Runway Growth funded two investments: one investment in a new portfolio company and one investment in an existing portfolio company.
  • During the first quarter ended March 31, 2024, Runway Growth experienced two prepayments totaling $34.5 million and scheduled principal amortization of $0.4 million.
  • As of March 31, 2024, the Runway Growth portfolio included 47 debt investments to 30 portfolio companies and 80 equity investments in 49 portfolio companies, including 26 portfolio companies where Runway Growth holds both a debt and equity investment.

FedEx Reports Higher Third Quarter Diluted EPS of $3.51 and Adjusted Diluted EPS of $3.86

Retrieved on: 
Thursday, March 21, 2024

FedEx Ground operating results increased due to lower structural costs resulting from DRIVE initiatives, higher base yield, and reduced self-insurance costs.

Key Points: 
  • FedEx Ground operating results increased due to lower structural costs resulting from DRIVE initiatives, higher base yield, and reduced self-insurance costs.
  • Cost per package was flat, as lower line-haul expense and improved dock productivity offset higher first- and last-mile costs.
  • The year-to-date decrease in outstanding shares benefited third quarter results by $0.09 per diluted share.
  • FedEx expects to repurchase an additional $500 million of common stock during the fiscal fourth quarter, which will bring the fiscal 2024 buyback total to $2.5 billion.

407 ETR awards gold medals to players at the 50th Annual Little Native Hockey League tournament

Retrieved on: 
Thursday, March 14, 2024

TORONTO, March 14, 2024 /CNW/ - 407 ETR staff were onsite at the Angus Glen Community Centre in Markham to celebrate the closing of the 50th Annual Little Native Hockey League (LNHL) Tournament.

Key Points: 
  • TORONTO, March 14, 2024 /CNW/ - 407 ETR staff were onsite at the Angus Glen Community Centre in Markham to celebrate the closing of the 50th Annual Little Native Hockey League (LNHL) Tournament.
  • "We're proud to expand our Keep MovingTM family to include the Little Native Hockey League," says Javier Tamargo, President & CEO, 407 ETR.
  • "As LNHL grows, we're thrilled to see corporations like 407 ETR sign on to support and uplift young people through sports," says Chico Ralf, 2024 President, Little Native Hockey League.
  • "The City of Markham is extremely proud to host the 50th Little Native Hockey League Tournament, Cultural Festival and Gala Celebration," says Frank Scarpitti, Mayor of Markham.

407 ETR is celebrating its new sponsorship with Toronto and Region Conservation Authority at the Sugarbush Maple Syrup Festival

Retrieved on: 
Thursday, March 7, 2024

TRCA has been celebrating maple syrup for more than 50 years, and hosts between 40,000 and 50,000 visitors annually at its Sugarbush Maple Syrup Festival.

Key Points: 
  • TRCA has been celebrating maple syrup for more than 50 years, and hosts between 40,000 and 50,000 visitors annually at its Sugarbush Maple Syrup Festival.
  • The festival educates visitors about maple syrup production through time as they experience early Indigenous, early European settler and modern maple syrup production through interactive demonstrations.
  • "Highway 407 ETR is surrounded by vibrant communities and we're proud to help connect people to nature through events like the Sugarbush Maple Syrup Festival," says Javier Tamargo, President & CEO, 407 ETR.
  • "Toronto and Region Conservation Authority (TRCA) is proud to partner with 407 ETR and host the annual Sugarbush Maple Syrup Festival which connects people to nature and provides many benefits to the communities we serve," says John MacKenzie, CEO, Toronto Region Conservation Authority.

Open Platforming, AI and Strategic Collaboration Cement Schneider Electric's Leadership in End-to-end Solutions for Grids of the Future

Retrieved on: 
Tuesday, February 27, 2024

Today's electric grids are facing rapidly shifting market dynamics driven by both supply and demand side innovations that transform the energy value chain from grid to plug.

Key Points: 
  • Today's electric grids are facing rapidly shifting market dynamics driven by both supply and demand side innovations that transform the energy value chain from grid to plug.
  • To keep up with demand, utilities must digitalize and shift their business model toward more customer services and energy orchestration.
  • Schneider Electric is advancing grid intelligence and efficiency with its system architecture and ecosystem that is open, interoperable, scalable and IoT-enabled.
  • Schneider is platforming grid software solutions with a data-centric architecture that places data and analysis at the heart of decision-making.

407 ETR warning customers to beware of fraudulent texts

Retrieved on: 
Friday, February 9, 2024

"At 407 ETR, we prioritize protecting our customer's data at every step and we understand the serious nature of these fraudulent texts," said Javier Tamargo, President & CEO, 407 ETR.

Key Points: 
  • "At 407 ETR, we prioritize protecting our customer's data at every step and we understand the serious nature of these fraudulent texts," said Javier Tamargo, President & CEO, 407 ETR.
  • The Company has received approximately 1,500 reports from customers about fraudulent text messages since December 2023 and has shut down 25 fraudulent domains this year.
  • Recipients of a text message from 407 ETR should be sure it's legitimate before taking any action.
  • Beware of links to unfamiliar websites or those that do not match 407 ETR's official domain, 407etr.com.

Iveco Group 2023 Full Year and Fourth Quarter Results

Retrieved on: 
Friday, February 9, 2024

The following is an extract from the “Iveco Group 2023 Full Year and Fourth Quarter Results” press release.

Key Points: 
  • The following is an extract from the “Iveco Group 2023 Full Year and Fourth Quarter Results” press release.
  • The complete press release can be accessed by visiting the media section of the Iveco Group corporate website: https://www.ivecogroup.com/media/corporate_press_releases or consulting the accompanying PDF:
    Positive free cash flow of Industrial Activities of €412 million.
  • Net revenues of Industrial Activities of €15,877 million, up 12.1%, mainly due to positive price realisation and higher volumes and mix.
  • Available liquidity at €4,748 million as of 31st December 2023, up €384 million from 31st December 2022, including €2,000 million of undrawn committed facilities.

Liquidity Services Announces First Quarter Fiscal Year 2024 Financial Results

Retrieved on: 
Thursday, February 8, 2024

BETHESDA, Md., Feb. 08, 2024 (GLOBE NEWSWIRE) -- Liquidity Services (NASDAQ:LQDT; www.liquidityservices.com), a leading global commerce company powering the circular economy, today announced its financial results for the quarter ended December 31, 2023, as compared to the corresponding prior year quarter:

Key Points: 
  • Our fiscal second quarter 2024 guidance reflects sequential increases from our fiscal first quarter 2024 results, including an expected seasonal improvement for our RSCG segment during the post-holiday return season.
  • Our fiscal second quarter 2024 guidance range reflects the potential for a new quarterly record for GMV at the mid-point of our guidance range with normalized growth in our profitability metrics.
  • CAG enters the fiscal second quarter with a robust pipeline, including from several large projects delayed from this past fiscal first quarter, that should drive both sequential and year-over-year growth.
  • We expect our segment direct profits as a percentage of total revenues to increase year-over-year, while remaining a similar ratio as our fiscal first quarter 2024 results.

Gilead Sciences Announces Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Tuesday, February 6, 2024

Gilead Sciences, Inc. (Nasdaq: GILD) announced today its results of operations for the fourth quarter and full year 2023.

Key Points: 
  • Gilead Sciences, Inc. (Nasdaq: GILD) announced today its results of operations for the fourth quarter and full year 2023.
  • During the fourth quarter 2023, Gilead paid cash dividends of $943 million and utilized $150 million to repurchase common stock.
  • The Liver Disease portfolio sales were $691 million in the fourth quarter 2023 and remained flat compared to the same period in 2022.
  • Cell Therapy product sales increased 11% to $466 million in the fourth quarter 2023 compared to the same period in 2022.

Southside Bancshares, Inc. Announces Financial Results for the Fourth Quarter and Year Ended December 31, 2023

Retrieved on: 
Friday, January 26, 2024

TYLER, Texas, Jan. 26, 2024 (GLOBE NEWSWIRE) -- Southside Bancshares, Inc. (“Southside” or the “Company”) (NASDAQ: SBSI) today reported its financial results for the quarter and year ended December 31, 2023.

Key Points: 
  • TYLER, Texas, Jan. 26, 2024 (GLOBE NEWSWIRE) -- Southside Bancshares, Inc. (“Southside” or the “Company”) (NASDAQ: SBSI) today reported its financial results for the quarter and year ended December 31, 2023.
  • Linked quarter, net interest income increased $1.2 million, or 2.3%, compared to $53.3 million during the three months ended September 30, 2023.
  • Linked quarter, net interest margin and tax-equivalent net interest margin(1) decreased from 2.85% and 3.02%, respectively for the three months ended September 30, 2023.
  • On a linked quarter basis, noninterest income decreased $8.3 million, or 76.9%, compared to the three months ended September 30, 2023.