Corporation

CNB Financial Corporation Board Elects Jeffrey Powell as Chairperson

Retrieved on: 
Thursday, November 30, 2023

CLEARFIELD, Pa., Nov. 30, 2023 (GLOBE NEWSWIRE) -- Jeffrey S. Powell, a member of the CNB Financial Corporation and CNB Bank Boards of Directors, was elected Chairperson of both Boards by his fellow Directors, effective January 1, 2024.

Key Points: 
  • CLEARFIELD, Pa., Nov. 30, 2023 (GLOBE NEWSWIRE) -- Jeffrey S. Powell, a member of the CNB Financial Corporation and CNB Bank Boards of Directors, was elected Chairperson of both Boards by his fellow Directors, effective January 1, 2024.
  • Mr. Powell has been a CNB Director since 1994 and has served as the Audit Committee Chairperson for over 20 years.
  • “I would like to extend my sincere gratitude to Peter Smith for his exceptional dedication and unwavering commitment to the shareholders, customers, and employees of CNB Financial Corporation and CNB Bank as both a long-serving Director and especially in his years as Chairperson of the Board,” expressed Michael D. Peduzzi, President and CEO of CNB Financial Corporation.
  • In reflecting on the succession, Mr. Smith commented, “Jeff Powell is a terrific choice to serve as CNB’s next Board Chairperson.

TFF Pharmaceuticals Appoints Catherine Lee, J.D. to Board of Directors

Retrieved on: 
Thursday, November 30, 2023

FORT WORTH, Texas, Nov. 30, 2023 (GLOBE NEWSWIRE) -- TFF Pharmaceuticals, Inc. (NASDAQ: TFFP), a clinical-stage biopharmaceutical company focused on developing and commercializing innovative drug products based on its patented Thin Film Freezing (TFF) technology platform, today announced that Catherine Lee, J.D.

Key Points: 
  • FORT WORTH, Texas, Nov. 30, 2023 (GLOBE NEWSWIRE) -- TFF Pharmaceuticals, Inc. (NASDAQ: TFFP), a clinical-stage biopharmaceutical company focused on developing and commercializing innovative drug products based on its patented Thin Film Freezing (TFF) technology platform, today announced that Catherine Lee, J.D.
  • has been appointed to its Board of Directors.
  • “We are pleased to announce the appointment of Catherine Lee to our Board of Directors,” said Harlan Weisman, M.D., Chief Executive Officer of TFF Pharmaceuticals.
  • As TFF Pharmaceuticals continues to advance its two clinical programs, Cathy’s presence on our Board will help shape our decision-making, both with respect to product development, strategic and operational planning, and potential partnership opportunities.”
    “I am pleased to be joining the Board of TFF Pharmaceuticals at such an exciting time in the company’s history,” said Ms. Lee.

74% of Payment Gateways Target Software Companies

Retrieved on: 
Thursday, November 30, 2023

The Directory, available to purchase with a company-wide license at TSGShop , offers in-depth coverage into leading/emerging gateways in the market, from topics such as target markets to integration models.

Key Points: 
  • The Directory, available to purchase with a company-wide license at TSGShop , offers in-depth coverage into leading/emerging gateways in the market, from topics such as target markets to integration models.
  • Payment gateways ensure that the global virtual payment infrastructure runs smoothly, regardless of consumer purchase method.
  • Client Target Type – The most targeted client type by gateways were merchants, with 83% of gateways targeting merchant clients.
  • Software companies were the next most targeted client type, with 74% of gateways designing and selling their solutions with software providers in mind.

Nokia cancels repurchased shares 

Retrieved on: 
Thursday, November 30, 2023

Nokia Corporation has today cancelled 78 301 011 Nokia shares held by the company in line with the decision by the Board of Directors.

Key Points: 
  • Nokia Corporation has today cancelled 78 301 011 Nokia shares held by the company in line with the decision by the Board of Directors.
  • The shares were repurchased under the second EUR 300 million phase of the EUR 600 million buyback program launched in 2022 during the period between 2 January 2023 and 10 November 2023.
  • After the cancellation, the total number of shares and votes in Nokia Corporation is 5 613 496 565.
  • After the cancellation, Nokia Corporation holds 76 437 051 treasury shares.

UMH PROPERTIES, INC. ANNOUNCES GEORGE KLINE AS VICE PRESIDENT OF CORPORATE SECURITY

Retrieved on: 
Wednesday, November 29, 2023

FREEHOLD, NJ, Nov. 29, 2023 (GLOBE NEWSWIRE) -- UMH Properties, Inc. (NYSE: UMH) (TASE: UMH), announced the addition of George Kline, Vice President of Corporate Security.

Key Points: 
  • FREEHOLD, NJ, Nov. 29, 2023 (GLOBE NEWSWIRE) -- UMH Properties, Inc. (NYSE: UMH) (TASE: UMH), announced the addition of George Kline, Vice President of Corporate Security.
  • Samuel A. Landy, President and Chief Executive Officer commented, "UMH is pleased to announce the addition of George Kline who will be an excellent asset to our team.
  • Mr. Kline began his private sector career in 2013 with a large security company overseeing all investigations and the creation of a central command center.
  • Kline will be responsible for all aspects of resident and corporate security.

Exco Technologies Limited Announces Results for Fourth Quarter and Year Ended September 30, 2023

Retrieved on: 
Wednesday, November 29, 2023

Exco expects a muted impact from these strikes in its first quarter results in F2024.

Key Points: 
  • Exco expects a muted impact from these strikes in its first quarter results in F2024.
  • The effective income tax rate was 25% in the current quarter compared 26% in the same quarter last year.
  • Higher fourth quarter net income, depreciation, deferred taxes, and interest expense contributed to the increased operating cash flow in the current quarter.
  • For those unable to participate on November 30, 2023, an archived version will be available on the Exco website until December 15, 2023.

nCino Reports Third Quarter Fiscal Year 2024 Financial Results

Retrieved on: 
Wednesday, November 29, 2023

Income (Loss) from Operations: GAAP loss from operations in the third quarter of fiscal 2024 was $(12.9) million compared to $(18.4) million in the same quarter of fiscal 2023.

Key Points: 
  • Income (Loss) from Operations: GAAP loss from operations in the third quarter of fiscal 2024 was $(12.9) million compared to $(18.4) million in the same quarter of fiscal 2023.
  • Net Income (Loss) Attributable to nCino: GAAP net loss attributable to nCino in the third quarter of fiscal 2024 was $(16.4) million compared to $(23.6) million in the third quarter of fiscal 2023.
  • Non-GAAP net income attributable to nCino in the third quarter was $16.2 million compared to a $(1.4) million net loss attributable to nCino in the third quarter of fiscal 2023.
  • Net Income (Loss) Attributable to nCino per Share: GAAP net loss attributable to nCino in the third quarter of fiscal 2024 was $(0.15) per basic and diluted share compared to $(0.21) per basic and diluted share in the third quarter of fiscal 2023.

Pax8 Awarded 2023 AWS Partner Award

Retrieved on: 
Wednesday, November 29, 2023

DENVER, Nov. 29, 2023 (GLOBE NEWSWIRE) -- Pax8 , the leading cloud commerce marketplace, today announced it is a recipient of a 2023 Geo and Global AWS Partner Award, recognizing leaders around the globe playing a key role in helping customers drive innovation and build solutions on Amazon Web Services (AWS).

Key Points: 
  • DENVER, Nov. 29, 2023 (GLOBE NEWSWIRE) -- Pax8 , the leading cloud commerce marketplace, today announced it is a recipient of a 2023 Geo and Global AWS Partner Award, recognizing leaders around the globe playing a key role in helping customers drive innovation and build solutions on Amazon Web Services (AWS).
  • “Pax8 is honored to be recognized by AWS in their 2023 Partner Award program,” said Nikki Meyer, Corporate Vice President of Vendor Experience at Pax8.
  • We will continue to evolve our approach and help partners identify unique opportunities to incorporate AWS into their technology stacks, unlocking tremendous growth potential.”
    Announced during a Partner Awards Gala at AWS re:Invent 2023, the Geo and Global AWS Partner Awards recognize a wide range of AWS Partners, whose business models have embraced specialization, innovation, and cooperation over the past year.
  • It earned AWS Advanced Tier Partner Status in the AWS Partner Network, with over 200 AWS Accreditations and Certifications.

COPT Defense Properties President & CEO, Stephen Budorick Interviewed by Advisor Access.

Retrieved on: 
Tuesday, November 28, 2023

SAN FRANCISCO, Nov. 28, 2023 (GLOBE NEWSWIRE) -- COPT Defense Properties (COPT Defense) (NYSE: CDP) is an equity REIT whose 21.3 million square foot portfolio of office and data center properties was 97% leased on September 30, 2023.

Key Points: 
  • SAN FRANCISCO, Nov. 28, 2023 (GLOBE NEWSWIRE) -- COPT Defense Properties (COPT Defense) (NYSE: CDP) is an equity REIT whose 21.3 million square foot portfolio of office and data center properties was 97% leased on September 30, 2023.
  • Advisor Access spoke with Stephen E. Budorick, CEO of COPT Defense Properties.
  • Advisor Access: In September, Corporate Office Properties Trust announced a name change to COPT Defense Properties and a ticker change to CDP from OFC.
  • Stephen E. Budorick is President and Chief Executive Officer of COPT Defense Properties.

Epiq Acquires Mainspring, Expands CLM Implementation Services

Retrieved on: 
Tuesday, November 28, 2023

The acquisition of Mainspring Consulting Group expands Epiq’s existing Contracts Solutions business to help clients effectively manage contracts across people, processes, technology, and data.

Key Points: 
  • The acquisition of Mainspring Consulting Group expands Epiq’s existing Contracts Solutions business to help clients effectively manage contracts across people, processes, technology, and data.
  • By delivering CLM system integrations, clients get additional value from the contracting process from creation to post-signature obligations management.
  • “Mainspring’s CLM strategy, implementation, and integration services will enable our clients to get better value from their CLM technology investments.”
    The Epiq Contracts Solutions business delivers in three areas:
    Epiq Contracts Review and Analytics helps clients organize, review, and analyze their executed contracts in the context of M&A due diligence and merger integration, regulatory change, and preparing contracts for CLM implementations;
    Epiq CLM Professional Services provides advisory, CLM selection, and implementation; and,
    Epiq Counsel provides flexible legal talent for law departments facing an overwhelming volume of commercial contracts.
  • It has CLM partnerships with the leading CLM providers, including Agiloft, Conga, Ironclad, ContractPodAI, and Malbek, to name a few.