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ECN Capital Reports US ($0.05) in Adjusted Net (Loss) per Common Share in Q4-2023

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Thursday, March 21, 2024

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TORONTO, March 21, 2024 (GLOBE NEWSWIRE) -- ECN Capital Corp. (TSX: ECN) (“ECN Capital” or the “Company”) today reported financial results for the three-month period and year ended December 31, 2023.

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TORONTO, March 21, 2024 (GLOBE NEWSWIRE) -- ECN Capital Corp. (TSX: ECN) (“ECN Capital” or the “Company”) today reported financial results for the three-month period and year ended December 31, 2023.
For the three-month period ended December 31, 2023, ECN Capital reported Adjusted net (loss) applicable to common shareholders from continuing operations of ($13.5) million or ($0.05) per share (basic) versus $0.5 million or $0.00 per share (basic) for the previous three-month period and $4.1 million or $0.02 per share (basic) for the same period last year.
Adjusted EBITDA for the three-month period ended December 31, 2023 was $5.5 million versus $24.1 million for the previous three-month period and $24.6 million for the same period last year.
ECN Capital also announced today that Michael Lepore, Chief Financial Officer, is stepping down effective March 31, 2024.

Call for Artists: Wyndham Rewards Commissions Gillespie Wall Mural Honoring Greensboro Six

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Thursday, February 29, 2024

PARSIPPANY, N.J., Feb. 29, 2024 /PRNewswire/ -- Plans for a new Greensboro public arts project honoring civil rights pioneers, The Greensboro Six, took a major step forward today with the formal launch of a nationwide search for the mural's artist.

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Slated for installation at historic Gillespie Golf Course, the outdoor project is being commissioned by Wyndham Rewards®—proud title sponsor of the PGA TOUR's Wyndham Championship—and overseen by the City of Greensboro in partnership with First Tee - Central Carolina.
"The Greensboro Six didn't just change the history of Gillespie Golf Course – they helped change the game of golf.
With this mural, it's our hope that we can honor their historic contributions while celebrating the vital role Gillespie continues to play in our community through the work of First Tee."
The Gillespie wall mural honoring the Greensboro Six is slated to be unveiled this August ahead of the 85th annual Wyndham Championship and is a part of larger efforts surrounding Wyndham Championship Fore!

AvevoRx Announces National Director of Pharmacy Operations Named to Triad Business Journal's "40 Leaders Under 40"

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Thursday, February 22, 2024

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GREENSBORO, N.C., Feb. 22, 2024 /PRNewswire-PRWeb/ -- AvevoRx, an independent provider of specialty infusion pharmacy services, is proud to announce its National Director of Pharmacy Operations, Justin R. Dent, PharmD, has been named to the Triad Business Journal's prestigious "40 Leaders Under 40" list. The 2024 list spotlights extraordinary young leaders with significant career achievements who work and are civically engaged in the Triad community of North Carolina.

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The 2024 list spotlights extraordinary young leaders with significant career achievements who work and are civically engaged in the Triad community of North Carolina.
As its National Director of Pharmacy Operations, Dent ensures the smooth and efficient day-to-day operations of AvevoRx's pharmacy services at scale.
Dent's most significant achievements include helping to expand the company's national footprint and experience with pharmacy law and accreditation compliance.
"Our founders established a solid base, and we're constantly enhancing our operations to provide specialty pharmacy care to as many patients as possible.

Triad Business Bank (OTC Pink - "TBBC"), February 9, 2024, Announces Unaudited Results for 2023, Including Fourth Quarter Results

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Friday, February 9, 2024

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In 2023, the Bank expanded its commercial deposit customers by 131 accounts, which was a 24% increase in its business relationships.

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In 2023, the Bank expanded its commercial deposit customers by 131 accounts, which was a 24% increase in its business relationships.
The Bank's net interest margin decreased to 2.09% in the fourth quarter of 2023 from 2.92% in the fourth quarter of 2022.
Income on investment securities totaled $1.2 million for the fourth quarter of 2023 compared to $966,000 for the fourth quarter of 2022.
Noninterest expense increased $413,000, or 14%, in the fourth quarter of 2023 to $3.4 million from $3.0 million in the fourth quarter of 2022.

Piedmont Federal Savings Bank Announces Completion of Acquisition of Wake Forest Bancshares, Inc.

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Wednesday, January 3, 2024

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WINSTON-SALEM, N.C., Jan. 03, 2024 (GLOBE NEWSWIRE) -- Piedmont Financial Holding Company, the parent company of Piedmont Federal Savings Bank (“Piedmont Federal”), has announced the completion of its acquisition of Wake Forest Bancshares, Inc. (OTC Pink: WAKE), the parent company of Wake Forest Federal Savings and Loan Association (“Wake Forest Federal”).

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WINSTON-SALEM, N.C., Jan. 03, 2024 (GLOBE NEWSWIRE) -- Piedmont Financial Holding Company, the parent company of Piedmont Federal Savings Bank (“Piedmont Federal”), has announced the completion of its acquisition of Wake Forest Bancshares, Inc. (OTC Pink: WAKE), the parent company of Wake Forest Federal Savings and Loan Association (“Wake Forest Federal”).
Its merger with Wake Forest Federal, founded in 1922, has extended its deposit client base to include Wake Forest Federal’s office located in the heart of Wake Forest, NC, which will continue to operate as “Wake Forest Federal, a division of Piedmont Federal,” for the foreseeable future.
The current members of the Wake Forest Federal Board will initially serve on the Board of Trustees of the foundation, as will one independent member who will be appointed by Piedmont Federal in consultation with Wake Forest Federal.
David P. Barksdale, President and CEO of Piedmont Federal, commented, “We are pleased to announce the completion of our merger with Wake Forest Bancshares and Wake Forest Federal.

ECN Capital Reports US$0.00 in Adjusted Net Income per Common Share in Q3-2023

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Monday, November 13, 2023

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TORONTO, Nov. 13, 2023 (GLOBE NEWSWIRE) -- ECN Capital Corp. (TSX: ECN) (“ECN Capital” or the “Company”) today reported financial results for the three-month period ended September 30, 2023.

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TORONTO, Nov. 13, 2023 (GLOBE NEWSWIRE) -- ECN Capital Corp. (TSX: ECN) (“ECN Capital” or the “Company”) today reported financial results for the three-month period ended September 30, 2023.
For the three-month period ended September 30, 2023, ECN Capital reported Adjusted net income applicable to common shareholders from continuing operations of $0.5 million or $0.00 per share (basic) versus $0.7 million or $0.00 per share (basic) for the previous three-month period and $11.8 million or $0.05 per share (basic) for the same period last year.
Net (Loss) Income attributable to common shareholders for the three-month period ended September 30, 2023 was ($6.0) million versus ($30.0) million for the previous three-month period and $6.3 million for the same period last year.
These dividends are designated to be eligible dividends for purposes of section 89(1) of the Income Tax Act (Canada).

Bamboo Health Launches Discharge Summaries to Help Ensure Patients Receive Timely, Appropriate Care After Leaving the Hospital

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Monday, November 13, 2023

Bamboo Health ™ today announced its latest innovation, Discharge Summaries , an enhancement to the company’s existing nationwide Pings platform.

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Bamboo Health ™ today announced its latest innovation, Discharge Summaries , an enhancement to the company’s existing nationwide Pings platform.
"Discharge Summaries has been a game-changer for our network, especially for the coordination in the continuum.
Bamboo Health's Discharge Summaries offers game-changing advantages:
Seamless Access: Care coordinators can effortlessly obtain discharge information, avoiding the detective work and phone calls needed to manually track down missing summaries.
With Bamboo Health's Discharge Summaries, healthcare organizations can now ensure a smoother transition for patients, enhancing quality, cost and satisfaction.

Supermicro Offers Rack Scale Solutions with New 5th Gen Intel® Xeon® Processors Optimized for AI, Cloud Service Providers, Storage, and Edge Computing

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Thursday, December 14, 2023

SAN JOSE, Calif., Dec. 14, 2023 /PRNewswire/ -- Supermicro, Inc. (NASDAQ: SMCI), a Total IT Solution Manufacturer for AI, Cloud, Storage, and 5G/Edge, announces rack scale air and liquid cooled solutions based on the X13 family of workload-optimized servers now support the new 5th Gen Intel Xeon processors (formerly codenamed Emerald Rapids). The new product lineup includes GPU servers for Generative AI, throughput and latency-optimized E3.S Petascale servers, cost-effective high-density Enterprise and Simply Double storage servers for large-scale object storage, and a new 4-node SuperEdge systems with enhanced storage capacity.

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The 5th Gen Intel Xeon processors provide a 36%3 higher average performance/watt across workloads vs. 4th Gen Intel Xeon Scalable processors.
Both CPU and GPU direct-to-chip liquid cooling are available on the system via Supermicro's complete rack integration and liquid cooling solutions.
Supermicro is also launching several new servers supporting the new Intel Xeon E-2400 processors (formerly codenamed Catlow Platform, Raptor Lake-E).
A comprehensive software suite that enables rack management at scale for IT infrastructure solutions deployed across the core to the edge.

Supermicro Offers Rack Scale Solutions with New 5th Gen Intel® Xeon® Processors Optimized for AI, Cloud Service Providers, Storage, and Edge Computing

Retrieved on:

Thursday, December 14, 2023

SAN JOSE, Calif., Dec. 14, 2023 /PRNewswire/ -- Supermicro, Inc. (NASDAQ: SMCI), a Total IT Solution Manufacturer for AI, Cloud, Storage, and 5G/Edge, announces rack scale air and liquid cooled solutions based on the X13 family of workload-optimized servers now support the new 5th Gen Intel Xeon processors (formerly codenamed Emerald Rapids). The new product lineup includes GPU servers for Generative AI, throughput and latency-optimized E3.S Petascale servers, cost-effective high-density Enterprise and Simply Double storage servers for large-scale object storage, and a new 4-node SuperEdge systems with enhanced storage capacity.

Key Points:

The 5th Gen Intel Xeon processors provide a 36%3 higher average performance/watt across workloads vs. 4th Gen Intel Xeon Scalable processors.
Both CPU and GPU direct-to-chip liquid cooling are available on the system via Supermicro's complete rack integration and liquid cooling solutions.
Supermicro is also launching several new servers supporting the new Intel Xeon E-2400 processors (formerly codenamed Catlow Platform, Raptor Lake-E).
A comprehensive software suite that enables rack management at scale for IT infrastructure solutions deployed across the core to the edge.

Triad Business Bank (OTC Pink - "TBBC"), November 9, 2023, Announces Unaudited Third Quarter 2023 Results

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Thursday, November 9, 2023

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Triad Business Bank (the "Bank") was formed in 2020 to serve small and mid-size businesses in the Triad.

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Triad Business Bank (the "Bank") was formed in 2020 to serve small and mid-size businesses in the Triad.
At September 30, 2023, the Bank's assets were $498.3 million, and the Bank had a strong capital foundation with $59.9 million of total regulatory capital.
In the third quarter 2023, the Bank's interest income rose $492,000 to $6.2 million compared to the prior quarter of $5.7 million.
Interest expense increased $571,000 in the third quarter of 2023 to $3.6 million compared to the prior quarter of $3.0 million.