Materiality

ADTRAN Holdings, Inc. Reports Third Quarter 2023 Financial Results and Announces Business Efficiency Program

Retrieved on: 
Tuesday, November 7, 2023

ADTRAN Holdings, Inc. (NASDAQ: ADTN and FSE: QH9) (“ADTRAN Holdings” or the “Company”) today announced its financial results for the third quarter of 2023.

Key Points: 
  • ADTRAN Holdings, Inc. (NASDAQ: ADTN and FSE: QH9) (“ADTRAN Holdings” or the “Company”) today announced its financial results for the third quarter of 2023.
  • Sequentially, the Company reduced GAAP operating expenses by 8% from $137.2 million in the second quarter 2023 to $125.7 million in the third quarter 2023.
  • The Company reduced non-GAAP operating expenses by 6.3% from $122.7 million in the second quarter 2023 to $114.9 million in the third quarter 2023.
  • GAAP net loss attributable to the Company for the third quarter of 2023 was $72.7 million.

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Veradigm Inc. - MDRX

Retrieved on: 
Sunday, November 5, 2023

NEW YORK, Nov. 05, 2023 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Veradigm Inc. (“Veradigm” or the “Company”) (NASDAQ: MDRX).

Key Points: 
  • NEW YORK, Nov. 05, 2023 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Veradigm Inc. (“Veradigm” or the “Company”) (NASDAQ: MDRX).
  • Such investors are advised to contact Robert S. Willoughby at [email protected] or 888-476-6529, ext.
  • The investigation concerns whether Veradigm and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
  • Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions.

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Veradigm Inc. - MDRX

Retrieved on: 
Friday, October 27, 2023

NEW YORK, Oct. 27, 2023 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Veradigm Inc. (“Veradigm” or the “Company”) (NASDAQ: MDRX).

Key Points: 
  • NEW YORK, Oct. 27, 2023 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Veradigm Inc. (“Veradigm” or the “Company”) (NASDAQ: MDRX).
  • Such investors are advised to contact Robert S. Willoughby at [email protected] or 888-476-6529, ext.
  • The investigation concerns whether Veradigm and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
  • Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions.

Chimera Declares Fourth Quarter 2023 Common and Preferred Stock Dividends

Retrieved on: 
Thursday, November 2, 2023

The Board of Directors of Chimera announced the declaration of its fourth quarter cash dividend of $0.50 per share of 8% Series A Cumulative Redeemable Preferred Stock.

Key Points: 
  • The Board of Directors of Chimera announced the declaration of its fourth quarter cash dividend of $0.50 per share of 8% Series A Cumulative Redeemable Preferred Stock.
  • The Board of Directors of Chimera also announced the declaration of its fourth quarter cash dividend of $0.50 per share of 8% Series B Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock.
  • The Board of Directors of Chimera also announced the declaration of its fourth quarter cash dividend of $0.484375 per share of 7.75% Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock.
  • The Board of Directors of Chimera also announced the declaration of its fourth quarter cash dividend of $0.50 per share of 8% Series D Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock.

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Veradigm Inc. - MDRX

Retrieved on: 
Thursday, October 19, 2023

NEW YORK, Oct. 19, 2023 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Veradigm Inc. (“Veradigm” or the “Company”) (NASDAQ: MDRX).

Key Points: 
  • NEW YORK, Oct. 19, 2023 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Veradigm Inc. (“Veradigm” or the “Company”) (NASDAQ: MDRX).
  • Such investors are advised to contact Robert S. Willoughby at [email protected] or 888-476-6529, ext.
  • The investigation concerns whether Veradigm and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
  • Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions.

Russell Investments’ 2023 ESG Manager Survey: ESG Factors Increasingly Drive Investment Decision-Making

Retrieved on: 
Monday, October 23, 2023

Russell Investments has released results from its ninth-annual ESG Manager Survey, which offers valuable insights into the evolving landscape of ESG practices within the investment management industry.

Key Points: 
  • Russell Investments has released results from its ninth-annual ESG Manager Survey, which offers valuable insights into the evolving landscape of ESG practices within the investment management industry.
  • “As the industry continues to focus on responsible investing practices, active managers from all major asset classes are increasingly incorporating ESG considerations into their investment processes and hiring for ESG-related roles,” said Kris Tomasovic Nelson, Senior Director, Head of ESG Investment Management, Russell Investments.
  • “Most striking, this year only 7% of respondents said that ESG factors do not drive investment decisions, markedly down from the 22% recorded in 2022.
  • A significant shift was observed, where only 7% claimed that ESG factors do not influence investment decisions, down from 22% in 2022.

The FAIR Institute Launches "HowMaterialisThatHack.org" to Help Risk Officers, Shareholders, and Insurance Carriers Assess "Materiality" for High-Profile Hacks

Retrieved on: 
Tuesday, October 17, 2023

WASHINGTON, Oct. 17, 2023 /PRNewswire/ -- Today, at its annual FAIR Conference,  the FAIR Institute announced the launch of 'How Material Is that Hack', an online resource dedicated to helping organizations understand and quantify the materiality of recent cybersecurity breaches. The website is based on the FAIR Materiality Assessment Model (FAIR-MAM™) and risk analytics, powered by Safe Security, the Institute's Founder and Technical Advisor. It was developed in response to the new Cyber rule proposed by the U.S. Securities and Exchange Commission (SEC) that mandates 8-K reporting of material cybersecurity incidents. FAIR-MAM is the only standard model to comprehensively define what forms of losses contribute to the measure of materiality in financial terms.

Key Points: 
  • Decisions made based on incomplete and potentially flawed preliminary data can put enterprise executives in a difficult position with regulators.
  • We believe this resource will be invaluable to organizations as they navigate the complexities of the SEC's incident disclosure requirements."
  • In light of the recent hacks - what would be the impact if a breached organization had deployed FAIR-MAM before the breaches?
  • This duality provides a company with wide-ranging defensibility as it assesses total attack costs vis a vis the SEC's materiality guidelines.

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Veradigm Inc. - MDRX

Retrieved on: 
Wednesday, October 11, 2023

NEW YORK, Oct. 11, 2023 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Veradigm Inc. (“Veradigm” or the “Company”) (NASDAQ: MDRX).

Key Points: 
  • NEW YORK, Oct. 11, 2023 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Veradigm Inc. (“Veradigm” or the “Company”) (NASDAQ: MDRX).
  • Such investors are advised to contact Robert S. Willoughby at [email protected] or 888-476-6529, ext.
  • The investigation concerns whether Veradigm and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
  • Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions.

Star Bulk Announces Its 2022 Environmental, Social and Governance (ESG) Report

Retrieved on: 
Monday, October 9, 2023

ATHENS, Greece, Oct. 09, 2023 (GLOBE NEWSWIRE) -- Star Bulk Carriers Corp. (the “Company” or “Star Bulk”) (Nasdaq: SBLK), a global shipping company focusing on the transportation of dry bulk cargoes, today announced the publication of its 2022 Environmental, Social and Governance (ESG) Report (“Report”), developed in accordance with the new Global Reporting Initiative Standards (2021) and the Sustainability Accounting Standards Board (SASB) for Marine Transportation (2018), and in consistency with the United Nations’ Sustainable Development Goals (SDGs).

Key Points: 
  • ATHENS, Greece, Oct. 09, 2023 (GLOBE NEWSWIRE) -- Star Bulk Carriers Corp. (the “Company” or “Star Bulk”) (Nasdaq: SBLK), a global shipping company focusing on the transportation of dry bulk cargoes, today announced the publication of its 2022 Environmental, Social and Governance (ESG) Report (“Report”), developed in accordance with the new Global Reporting Initiative Standards (2021) and the Sustainability Accounting Standards Board (SASB) for Marine Transportation (2018), and in consistency with the United Nations’ Sustainable Development Goals (SDGs).
  • Specific GRI disclosures and SASB indicators have received limited level of assurance from Ernst & Young (Hellas) Certified Auditors Accountants S.A.
  • The Report has been published on the Company’s website ( www.starbulk.com ).
  • Mr. Petros Pappas, Star Bulk CEO, commented on the publication of the Report: “Along with delivering strong economic performance in 2022, Star Bulk notably enhanced its ESG practices and performance.

GEVELOT S.A.: PRESS RELEASE HALF YEAR 2023 REPORT

Retrieved on: 
Tuesday, October 17, 2023

The Group’s Consolidated turnover for the first half of 2023 amounted to € 76.5 M, increasing of 21.1 % over the same period in 2022.

Key Points: 
  • The Group’s Consolidated turnover for the first half of 2023 amounted to € 76.5 M, increasing of 21.1 % over the same period in 2022.
  • The Group's previous acquisitions are bearing fruit, resulting in solid growth in the various countries and business sectors.
  • In particular, the Industry sector has performed particularly well, while North America continues to shine in the Oil & Gas sector.
  • The financial result amounted to a profit of € 1.7 M against a loss of € 1.4 M in the first half of 2022.