Exercise

Verizon partners with U.S. military in extreme training to prepare for natural disaster response

Retrieved on: 
Thursday, February 29, 2024

The Verizon Response Teams participating in the drills included:

Key Points: 
  • The Verizon Response Teams participating in the drills included:
    Verizon’s Major Emergency Response Incident Team (MERIT), a specialized team of hazardous material-certified Verizon technicians and engineers.
  • Verizon’s Dedicated Impact Response Team (DIRT), technicians and engineers with specialty training in mobile satellite asset deployment, basic generator repair, and cable/connector making.
  • Verizon Frontline Crisis Response Team dedicated to providing on-demand, emergency communication assistance during crisis situations to government agencies and emergency responders, on a 24/7 basis.
  • Headquartered in New York City and with a presence around the world, Verizon generated revenues of $134.0 billion in 2023.

Verizon Frontline supports winter search & rescue training in California

Retrieved on: 
Thursday, February 29, 2024

REDDING, Calif., Feb. 29, 2024 (GLOBE NEWSWIRE) -- The Verizon Frontline Crisis Response Team recently provided mission-critical communications support to the Shasta County Sheriff’s Office 2024 Winter Search and Rescue Training exercise in Northern California.

Key Points: 
  • REDDING, Calif., Feb. 29, 2024 (GLOBE NEWSWIRE) -- The Verizon Frontline Crisis Response Team recently provided mission-critical communications support to the Shasta County Sheriff’s Office 2024 Winter Search and Rescue Training exercise in Northern California.
  • The exercise consisted of multiple training sessions for Shasta County Search & Rescue, an organization primarily staffed by volunteers.
  • Training classes covered multiple facets of winter search and rescue, including avalanche probing, orienteering, safe operation of heavy equipment, medical treatment in winter conditions and stabilizing and transporting victims over snow.
  • Verizon Frontline Crisis Response Team members set up portable cell sites, Wi-Fi hotspots, charging stations and other Verizon Frontline devices and solutions that enable communications and/or boost network performance.

Okeanis Eco Tankers Corp. – Unaudited Condensed Financial Statements for the Fourth Quarter and Twelve Month Period of 2023

Retrieved on: 
Thursday, February 29, 2024

ATHENS, Greece, Feb. 29, 2024 (GLOBE NEWSWIRE) -- Okeanis Eco Tankers Corp. (“OET” or “Company”) (NYSE:ECO / OSE:OET) today reported unaudited condensed financial statements for the fourth quarter and twelve month period of 2023, which are attached to this press release.

Key Points: 
  • ATHENS, Greece, Feb. 29, 2024 (GLOBE NEWSWIRE) -- Okeanis Eco Tankers Corp. (“OET” or “Company”) (NYSE:ECO / OSE:OET) today reported unaudited condensed financial statements for the fourth quarter and twelve month period of 2023, which are attached to this press release.
  • Adjusted profit and Adjusted earnings per share (non-IFRS measures*) for the period of $20.4 million or $0.63 per basic & diluted share.
  • Fleetwide daily TCE rate of $45,400 per operating day; VLCC and Suezmax TCE rates of $45,200 and $45,600 per operating day, respectively.
  • OET will be hosting a conference call and webcast at 13:30 CET on Thursday February 29, 2024, to discuss the Q4 2023 results.

Fobi AI Announces Completion of Fully Subscribed Upsized Non-Brokered LIFE Offering and & New Non-Brokered Placement

Retrieved on: 
Wednesday, February 28, 2024

VANCOUVER, BC, Feb. 28, 2024 (GLOBE NEWSWIRE) -- Fobi AI Inc. (FOBI:TSXV) (FOBIF:OTCQB) (the "Company" or "Fobi"), an industry leader in harnessing AI and data intelligence to enable digital transformation, is pleased to announce that, further to its press releases dated February 2, 2024, February 23, 2024 and February 26, 2024, it has completed the final closing of its previously announced fully-subscribed upsized non-brokered private placement pursuant to the listed issuer financing exemption (the “Listed Issuer Financing Exemption”) under Part 5A of National Instrument 45-106 – Prospectus Exemptions (“NI 45-106”) (the “LIFE Offering”).

Key Points: 
  • The total LIFE Offering was comprised of the issuance of an aggregate of 34,905,498 Units at a price per Unit of C$0.07 for aggregate gross proceeds of $2,443,384.94.
  • For avoidance of doubt, the Company shall not be obligated to exercise the Acceleration Right at any time.
  • Due to additional interest, the Company is also pleased to announce a new non-brokered private placement offering of Units (the "Non-LIFE Offering").
  • To download the Fobi Investor Experience Wallet Pass to get enhanced access to investor information about Fobi, please visit our Investor Experience page .

***February 28, 2024 - Redistribution of prior news release dated February 2, 2024 for wide dissemination*** Fobi AI Announces Private Placement of Units for Aggregate Gross Proceeds of Up To C$2,000,000

Retrieved on: 
Wednesday, February 28, 2024

Each Unit shall consist of one (1) common share in the capital of the Company (a “Common Share”) and one (1) common share purchase warrant (each, a “Warrant”).

Key Points: 
  • Each Unit shall consist of one (1) common share in the capital of the Company (a “Common Share”) and one (1) common share purchase warrant (each, a “Warrant”).
  • For avoidance of doubt, the Company shall not be obligated to exercise the Acceleration Right at any time.
  • There is an offering document related to the Offering that can be accessed under the Company’s profile at www.sedarplus.ca and on the Company’s investor website at https://investors.fobi.ai/life-offering-subscription-agreement .
  • To download the Fobi Investor Experience Wallet Pass to get enhanced access to investor information about Fobi, please visit our Investor Experience page .

Stantec announces record 2023 earnings, dividend increase of 7.7%, and planned retirement of CFO Theresa Jang

Retrieved on: 
Wednesday, February 28, 2024

EDMONTON, Alberta and NEW YORK, Feb. 28, 2024 (GLOBE NEWSWIRE) -- TSX, NYSE:STN Stantec, a global leader in sustainable design and engineering, today reported its results for the fourth quarter and year ended December 31, 2023.

Key Points: 
  • Stantec now expects that net revenue will increase between 11% and 15% in 2024.
  • Net revenue increased 13.7%, or $609.0 million, to $5.1 billion compared to 2022, primarily driven by 9.9% organic growth and 1.5% acquisition growth.
  • Water delivered exceptional organic growth of 20%, while Environmental Services and the United States achieved double-digit organic growth.
  • The revaluation of Stantec's LTIP in Q4 2023, primarily due to strong share price appreciation, contributed to a lower margin.

Merit Medical Introduces “Continued Growth Initiatives” Program and Financial Targets for Three-Year Period Ending December 31, 2026

Retrieved on: 
Wednesday, February 28, 2024

Merit’s new multi-year financial targets are:

Key Points: 
  • Merit’s new multi-year financial targets are:
    Total revenue increase at a compound annual growth rate (CAGR) of 5% to 7% on an organic, constant currency, basis* for the three-year period ending December 31, 2026.
  • Cumulative free cash flow* generation of at least $400 million for the three-year period ending December 31, 2026.
  • * Organic revenue, organic revenue on a constant currency basis, non-GAAP operating margin and free cash flow are non-GAAP financial measures.
  • A reconciliation of these non-GAAP financial measures to their most directly comparable GAAP financial measures is included under the heading “Non-GAAP Financial Measures” below.

Intchains Group Limited Reports Fourth Quarter and Full Year 2023 Unaudited Financial Results

Retrieved on: 
Wednesday, February 28, 2024

Fourth quarter ASIC chip sales consisted of 287,872 units sold directly to customers and 135,168 units embedded in computing equipment for blockchain applications that we began offering to customers in the fourth quarter of 2023.

Key Points: 
  • Fourth quarter ASIC chip sales consisted of 287,872 units sold directly to customers and 135,168 units embedded in computing equipment for blockchain applications that we began offering to customers in the fourth quarter of 2023.
  • Revenue was RMB35.5 million (US$5.0 million) for the fourth quarter of 2023, representing an increase of 5.3% from RMB33.7 million for the same period of 2022.
  • In addition to these positive developments, our revenue for the fourth quarter of 2023 experienced significant growth of 418.2% compared to the third quarter, due to the fourth quarter rebound of the cryptocurrency market, following a downturn in the preceding quarter.
  • This write-off was reversed in full in the fourth quarter of 2023 upon the sale of the intelligent router products.

FAIR Canada and Coalition of Consumer Advocates Support Binding Authority Proposal

Retrieved on: 
Wednesday, February 28, 2024

TORONTO, Feb. 28, 2024 (GLOBE NEWSWIRE) -- FAIR Canada and a coalition of concerned consumer advocates have jointly submitted a comment letter endorsing the proposal by the Canadian Securities Administrators (CSA) to create a binding regime for investment-related complaints.

Key Points: 
  • TORONTO, Feb. 28, 2024 (GLOBE NEWSWIRE) -- FAIR Canada and a coalition of concerned consumer advocates have jointly submitted a comment letter endorsing the proposal by the Canadian Securities Administrators (CSA) to create a binding regime for investment-related complaints.
  • The coalition, representing the perspectives of financial consumers and retail investors nationwide, emphasizes the need for this proposal to rectify a system that puts Canadians at risk.
  • “FAIR Canada stands in solidarity with other consumer advocates in endorsing this significant investor protection initiative,” said Jean-Paul Bureaud, Executive Director at FAIR Canada.
  • “Granting OBSI binding authority will bring closure to investors’ complaints and establish a more fair, balanced, and efficient process for resolving complaints.”
    For more than a decade, FAIR Canada and fellow consumer groups have advocated for binding authority, recognizing its critical role in upholding the integrity of the Canadian financial services market.

Voyager Therapeutics Reports Fourth Quarter and Full Year 2023 Financial and Operating Results

Retrieved on: 
Wednesday, February 28, 2024

LEXINGTON, Mass., Feb. 28, 2024 (GLOBE NEWSWIRE) -- Voyager Therapeutics, Inc. (Nasdaq: VYGR), a biotechnology company dedicated to advancing neurogenetic medicines, today reported fourth quarter and full year 2023 financial and operating results.

Key Points: 
  • ET today -
    LEXINGTON, Mass., Feb. 28, 2024 (GLOBE NEWSWIRE) -- Voyager Therapeutics, Inc. (Nasdaq: VYGR), a biotechnology company dedicated to advancing neurogenetic medicines, today reported fourth quarter and full year 2023 financial and operating results.
  • Novartis agreed to pay Voyager $80 million of consideration up front and $20 million for the purchase of newly issued equity in Voyager.
  • Collaboration Revenues: Voyager had collaboration revenue of $90.1 million for the fourth quarter of 2023, compared to $(1.6) million for the same period in 2022.
  • ET to discuss the fourth quarter and full year 2023 financial and operating results.