United States Department of Agriculture

Aemetis Reports Third Quarter 2023 Financial Results

Retrieved on: 
Thursday, November 9, 2023

CUPERTINO, CA, Nov. 09, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire –Aemetis, Inc. (NASDAQ: AMTX), a renewable natural gas and renewable fuels company focused on low and negative carbon intensity products, today announced its financial results for the three and nine months ended September 30, 2023.

Key Points: 
  • On Thursday, November 9, 2023, Aemetis will host an earnings review call at 11:00 a.m. Pacific time (PT).
  • Gross profit for the third quarter of 2023 was $492 thousand, compared to $1.1 million gross loss during the third quarter of 2022.
  • Operating loss was $8.5 million for the third quarter of 2023, compared to an operating loss of $7.6 million for the third quarter of 2022.
  • Cash at the end of the third quarter of 2023 was $3.9 million, compared to $4.3 million at the close of the fourth quarter of 2022.

Farm Credit Mid-America Now Accepting Applications for Scholarship Programs

Retrieved on: 
Thursday, November 9, 2023

LOUISVILLE, Ky., Nov. 9, 2023 /PRNewswire/ -- Farm Credit Mid-America is now accepting applications for its Customer Scholarship and Farm Credit Mid-America Scholars programs. Children or grandchildren of Farm Credit Mid-America customers as well as college students who plan to pursue a career in agriculture are encouraged to apply. Scholarship recipients are chosen based on academic performance, leadership qualities, community involvement and passion for promoting and being part of the future of agriculture.

Key Points: 
  • LOUISVILLE, Ky., Nov. 9, 2023 /PRNewswire/ -- Farm Credit Mid-America is now accepting applications for its Customer Scholarship and Farm Credit Mid-America Scholars programs.
  • Farm Credit Mid-America is accepting applications for the Customer Scholarship and Farm Credit Mid-America Scholars.
  • Farm Credit Mid-America's scholarship programs encourage the next generation of agricultural leaders to pursue degrees in these fields.
  • College-bound students who meet the eligibility requirements for a Farm Credit Mid-America scholarship are encouraged to apply before the December 31, 2023, deadline.

X-Caliber Rural Capital Awarded Top USDA Lender by Volume for Fiscal Year 2023

Retrieved on: 
Tuesday, November 7, 2023

X-Caliber Rural Capital , an affiliate of X-Caliber Capital Holdings and a U.S. Department of Agriculture (USDA)-licensed lender for rural business and economic development projects, today announced it has been named the Top USDA OneRD Lender by volume for fiscal year 2023 by the United States Department of Agriculture.

Key Points: 
  • X-Caliber Rural Capital , an affiliate of X-Caliber Capital Holdings and a U.S. Department of Agriculture (USDA)-licensed lender for rural business and economic development projects, today announced it has been named the Top USDA OneRD Lender by volume for fiscal year 2023 by the United States Department of Agriculture.
  • X-Caliber Rural Capital also received the USDA OneRD Lender of the Year award in recognition of being the only lender to have received agency approval for each of the four USDA OneRD loan programs.
  • X-Caliber Rural Capital achieved the Top Lender and Lender of the Year recognitions just two years after announcing their first loan closing as a company in October 2021.
  • “Product pairing and capital stacking that combines USDA financing with various other capital sources yields strong results,” continued Blanchard.

Lumen wins $110 million contract from Defense Information Systems Agency

Retrieved on: 
Tuesday, November 7, 2023

WASHINGTON, Nov. 7, 2023 /PRNewswire/ -- Lumen Technologies (NYSE: LUMN) recently won an approximately $110 million contract from the U.S. Defense Information Systems Agency (DISA) to provide secure, mission-critical network services to the U.S. Department of Defense.  

Key Points: 
  • WASHINGTON, Nov. 7, 2023 /PRNewswire/ -- Lumen Technologies (NYSE: LUMN) recently won an approximately $110 million contract from the U.S. Defense Information Systems Agency (DISA) to provide secure, mission-critical network services to the U.S. Department of Defense.
  • "Lumen's robust fiber network delivers always-on, 24/7 services that power the U.S. Department of Defense," said Jason Schulman, Lumen national vice president, federal sales.
  • This award is an extension of an existing network services contract DISA previously awarded to Lumen.
  • Lumen provides more than 11,000 fiber miles in support of the U.S. Department of Defense Information Network.

MEDGENE'S RHDV2 VACCINE GRANTED CRITICAL LICENSE BY USDA'S CENTER FOR VETERINARY BIOLOGICS

Retrieved on: 
Thursday, November 2, 2023

BROOKINGS, S.D., Nov. 2, 2023 /PRNewswire/ -- Medgene, an animal health company that produces highly-targeted platform vaccines, has been granted a Conditional Use License by the United States Department of Agriculture's Center for Veterinary Biologics (USDA-CVB) to further manufacture and distribute its vaccine targeted at Rabbit Hemorrhagic Disease (RHDV2).

Key Points: 
  • BROOKINGS, S.D., Nov. 2, 2023 /PRNewswire/ -- Medgene, an animal health company that produces highly-targeted platform vaccines, has been granted a Conditional Use License by the United States Department of Agriculture's Center for Veterinary Biologics (USDA-CVB) to further manufacture and distribute its vaccine targeted at Rabbit Hemorrhagic Disease (RHDV2).
  • Once contracted, RHDV2 is usually fatal and affects wild and domestic rabbit populations.
  • Medgene's Conditional Use License is especially important for designated State Veterinarians as they are the authority allowing distribution of the vaccine within their respective states.
  • Rabbit owners are encouraged to contact their local veterinarian for more information on RHDV2 and vaccination.

Clarkson Professors Awarded $749,000 USDA Grant to Develop Technology to Remove Phosphate from Agricultural Fields and Prevent Nutrient Pollution

Retrieved on: 
Wednesday, October 25, 2023

About 80 percent of the mined phosphate ends up in fertilizers, pesticides and animal feeds, but almost half of this is lost through soil leaching and erosion.

Key Points: 
  • About 80 percent of the mined phosphate ends up in fertilizers, pesticides and animal feeds, but almost half of this is lost through soil leaching and erosion.
  • Tile drainage is used on many poorly drained agricultural fields to extend growing seasons and increase crop yields.
  • The Clarkson team will develop a sorbent and field-ready filtration system to capture and recover phosphate from tile drainage and reduce the phosphate burden to watersheds.
  • This process will significantly decrease environmental impact and provide a renewable phosphate supply, improving sustainability of agricultural practices.

Veritex Holdings, Inc. Reports Third Quarter Operating Results

Retrieved on: 
Tuesday, October 24, 2023

Net interest margin decreased 31 bps from 3.77% for the three months ended September 30, 2022.

Key Points: 
  • Net interest margin decreased 31 bps from 3.77% for the three months ended September 30, 2022.
  • Specifically, Veritex reviews and reports tangible book value per common share, operating earnings, tangible common equity to tangible assets, return on average tangible common equity, pre-tax, pre-provision operating earnings, pre-tax, pre-provision operating return on average assets, pre-tax, pre-provision operating return on average loans, pre-tax, pre-provision operating return on average loans, diluted operating earnings per share, operating return on average assets, operating return on average tangible common equity and operating efficiency ratio.
  • Veritex has included in this earnings release information related to these non-GAAP financial measures for the applicable periods presented.
  • The Company will host an investor conference call and webcast to review the results on Wednesday, October 25, 2023, at 8:30 a.m. Central Time.

Asahi Kasei Invests in US Startup NFW

Retrieved on: 
Tuesday, October 24, 2023

Asahi Kasei has decided to invest in US-based startup NFW, a producer of non-petroleum-based leather alternative for car interiors.

Key Points: 
  • Asahi Kasei has decided to invest in US-based startup NFW, a producer of non-petroleum-based leather alternative for car interiors.
  • Since its acquisition by Asahi Kasei in 2018, Sage has been strengthening its business activities in Europe and China through mergers and acquisitions, parallel to expanding its lineup of growth-potential materials such as suede and synthetic leather.
  • Dirk Pieper, Chairman of the Sage Board of Directors and Lead Executive for the development and growth of Asahi Kasei’s overall automotive product offering, states, “The cooperation with NFW will enable Asahi Kasei and Sage to assist global automakers in reducing the environmental burden of their cars.
  • By jointly developing and manufacturing a non-petroleum-based and fully circular leather alternative, the Asahi Kasei Group takes a leading position in revolutionizing the market for car interior materials.”
    The cooperation with NFW is the first project within Asahi Kasei’s “Care for Earth” investment framework announced in April 2023.

Blue Diamond Growers applauds USDA's Regional Agricultural Promotion Program (RAPP)

Retrieved on: 
Monday, October 23, 2023

SACRAMENTO, Calif., Oct. 23, 2023 /PRNewswire/ -- Blue Diamond Growers, a grower-owned almond cooperative, applauds United States Department of Agriculture's (USDA) announcement of the Regional Agricultural Promotion Program (RAPP), which will provide much needed investment in U.S. agricultural export promotion initiatives with direct benefits to California almonds. Nearly 70 percent of California almonds are exported worldwide.

Key Points: 
  • SACRAMENTO, Calif., Oct. 23, 2023 /PRNewswire/ -- Blue Diamond Growers, a grower-owned almond cooperative, applauds United States Department of Agriculture's (USDA) announcement of the Regional Agricultural Promotion Program (RAPP), which will provide much needed investment in U.S. agricultural export promotion initiatives with direct benefits to California almonds.
  • Blue Diamond has been involved in export promotion for over 100 years.
  • "Opening and accelerating markets is essential to sustaining California almond growers, who face some of the highest agriculture production costs in the country," said Alicia Rockwell, Chief Government Affairs Officer for Blue Diamond Growers.
  • Blue Diamond appreciates the priority USDA continues to place on this important partnership and continued support of California almond growers.

GIANT EAGLE REDEFINES ITS NATURE’S BASKET BRAND TO OFFER CUSTOMERS A COMPLETE ASSORTMENT OF SUSTAINABLE PRODUCTS AT A STRONG VALUE

Retrieved on: 
Wednesday, October 11, 2023

As part of the company’s ongoing commitment to sustainability, Giant Eagle has relaunched its private label brand, Nature’s Basket.

Key Points: 
  • As part of the company’s ongoing commitment to sustainability, Giant Eagle has relaunched its private label brand, Nature’s Basket.
  • All items from the Nature’s Basket product line now feature responsibly sourced, high-quality ingredients that customers and their families can feel good about, at a value they can count on.
  • “Through our Nature's Basket brand, we’re excited to offer customers a reimagined product line with an enhanced focus on sustainability,” said Cara Mercil, Director of Sustainability and Corporate Social Responsibility at Giant Eagle.
  • When building an online order, Giant Eagle customers can review the HowGood Ratings of Nature’s Basket items listed under “Product Details” on each product’s page.