WM

The9 Signed a Definitive Share Purchase Agreement to Invest in GenAI LLM Digital Precision Medicine Platform for Brain Disease WM Therapeutic

Retrieved on: 
Tuesday, March 26, 2024

SHANGHAI, March 26, 2024 /PRNewswire/ -- The9 Limited (Nasdaq: NCTY) ("The9"), an established Internet company, today announced that it signed a definitive share purchase agreement (the "Agreement") with WM Therapeutic Co., Ltd. ("WM Therapeutic"), a company operating Generative AI (GenAI) large language model (LLM) multi-dimensional and multi-omics digital precision medicine platform for brain disease, to purchase an additional 21.7% shares of WM Therapeutic by cash and issuance of The9's restricted shares.

Key Points: 
  • SHANGHAI, March 26, 2024 /PRNewswire/ -- The9 Limited (Nasdaq: NCTY) ("The9"), an established Internet company, today announced that it signed a definitive share purchase agreement (the "Agreement") with WM Therapeutic Co., Ltd. ("WM Therapeutic"), a company operating Generative AI (GenAI) large language model (LLM) multi-dimensional and multi-omics digital precision medicine platform for brain disease, to purchase an additional 21.7% shares of WM Therapeutic by cash and issuance of The9's restricted shares.
  • With the signing of this Agreement, The9 will own 30% of WM Therapeutic.
  • The9 is also granted a purchase option to purchase up to 51% of the total shares of WM Therapeutic under certain conditions.
  • WM Therapeutic develops GenAI large language model brain disease screening platform and digital human personalized psychological consultant, AI precision diagnostic equipment, personalized neuromodulation treatment equipment, Generative AI large language model and AI drug clinical research platform.

Mustang Bio Reports Full-Year 2023 Financial Results and Recent Corporate Highlights

Retrieved on: 
Monday, March 11, 2024

WORCESTER, Mass., March 11, 2024 (GLOBE NEWSWIRE) -- Mustang Bio, Inc. (“Mustang” or the “Company”) (Nasdaq: MBIO), a clinical-stage biopharmaceutical company focused on translating today’s medical breakthroughs in cell and gene therapies into potential cures for difficult-to-treat cancers and rare genetic diseases, today announced financial results and recent corporate highlights for the full-year ended December 31, 2023.

Key Points: 
  • WORCESTER, Mass., March 11, 2024 (GLOBE NEWSWIRE) -- Mustang Bio, Inc. (“Mustang” or the “Company”) (Nasdaq: MBIO), a clinical-stage biopharmaceutical company focused on translating today’s medical breakthroughs in cell and gene therapies into potential cures for difficult-to-treat cancers and rare genetic diseases, today announced financial results and recent corporate highlights for the full-year ended December 31, 2023.
  • Research and development expenses were $40.5 million for the year ended December 31, 2023, compared to $62.5 million for 2022.
  • 2023 and Recent Corporate Highlights:
    In July 2023, Mustang announced that it amended its previously announced asset purchase agreement with uBriGene (Boston) Biosciences Inc. (“uBriGene”) and closed the transaction.
  • In October 2023, Mustang completed a registered direct offering priced at-the-market for approximately $4.4 million in gross proceeds.

NW Natural Holdings Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Friday, February 23, 2024

2022 earnings per share were $2.54

Key Points: 
  • 2022 earnings per share were $2.54
    "For over 165 years, NW Natural Holdings has provided essential energy to the communities it serves.
  • For 2023, NW Natural Holdings reported net income of $93.9 million (or $2.59 per share), compared to $86.3 million (or $2.54 per share) for 2022.
  • NW Natural Water launched its services business in April 2023 and completed a second acquisition in October 2023.
  • NW Natural Holdings' annual results by business segment are summarized in the table below:

Alloy.ai Partners with WM Barr to Transform Its Sales Capabilities and Retail Relationships

Retrieved on: 
Tuesday, February 13, 2024

Founded in 1946 by William M. Barr, the company quickly became an icon in the home improvement and automotive repair industries.

Key Points: 
  • Founded in 1946 by William M. Barr, the company quickly became an icon in the home improvement and automotive repair industries.
  • WM Barr selected Alloy.ai because of the platform’s ability to automatically aggregate and normalize data from 850+ retailers and supply chain partners, then provide real-time analytics to power sales, marketing and supply chain decisions.
  • “Converting data into valuable insights that help us better manage our portfolio is critical, partnering with Alloy.ai will help us accelerate this capability for WM Barr,” said Ricardo Gonzalez-Alduenda, VP of Sales at WM Barr.
  • “We’re excited that a leading brand like WM Barr selected Alloy.ai,” said Joel Beal, CEO and Co-founder at Alloy.ai.

WM Announces Fourth Quarter and Full-Year 2023 Earnings

Retrieved on: 
Monday, February 12, 2024

“During the fourth quarter, our collection and disposal business performance powered our total Company adjusted operating EBITDA growth of 15% and record adjusted margin of 29.9%.

Key Points: 
  • “During the fourth quarter, our collection and disposal business performance powered our total Company adjusted operating EBITDA growth of 15% and record adjusted margin of 29.9%.
  • SG&A expenses were 9.8% of revenue compared to 9.9%, or 9.8% on an adjusted basis, in the fourth quarter of 2022.
  • (a)
    Operating EBITDA in the Collection and Disposal business grew $250 million, or $205 million on an adjusted basis, to $1.77 billion.
  • ET on February 13, 2024 to discuss the fourth quarter and full-year 2023 results.

Wynn Resorts, Limited Reports Fourth Quarter and Year End 2023 Results

Retrieved on: 
Wednesday, February 7, 2024

Wynn Resorts, Limited (NASDAQ: WYNN) ("Wynn Resorts" or the "Company") today reported financial results for the fourth quarter ended December 31, 2023.

Key Points: 
  • Wynn Resorts, Limited (NASDAQ: WYNN) ("Wynn Resorts" or the "Company") today reported financial results for the fourth quarter ended December 31, 2023.
  • Net income attributable to Wynn Resorts, Limited was $729.2 million for the fourth quarter of 2023, compared to net income attributable to Wynn Resorts, Limited of $32.4 million for the fourth quarter of 2022.
  • Net income attributable to Wynn Resorts, Limited was $729.2 million for the fourth quarter of 2023, compared to net income attributable to Wynn Resorts, Limited of $32.4 million for the fourth quarter of 2022.
  • Adjusted Property EBITDAR from Wynn Macau was $125.8 million for the fourth quarter of 2023, compared to $(35.2) million for the fourth quarter of 2022.

Tau Group Closes €11 Million Extension to Series-B Round to Fuel Growth and Enhance Production Capacity

Retrieved on: 
Tuesday, January 30, 2024

Tau has successfully closed a €11 million extension to its Series-B funding round.

Key Points: 
  • Tau has successfully closed a €11 million extension to its Series-B funding round.
  • Tau Group stands at the forefront of the energy transition, specializing in the decarbonization of energy and electrification of transport.
  • The funds raised in this extension will propel Tau Group's growth trajectory, enhancing its ability to achieve ambitious goals.
  • Tau Group is a technology company at the core of energy transition, decarbonization of energy and electrification of transport.

Tau Group Closes €11 Million Extension to Series-B Round to Fuel Growth and Enhance Production Capacity

Retrieved on: 
Tuesday, January 30, 2024

Tau has successfully closed a €11 million extension to its Series-B funding round.

Key Points: 
  • Tau has successfully closed a €11 million extension to its Series-B funding round.
  • Tau Group stands at the forefront of the energy transition, specializing in the decarbonization of energy and electrification of transport.
  • The funds raised in this extension will propel Tau Group's growth trajectory, enhancing its ability to achieve ambitious goals.
  • Tau Group is a technology company at the core of energy transition, decarbonization of energy and electrification of transport.

Stock Yards Bancorp Reports Fourth Quarter Earnings of $23.9 Million or $0.82 Per Diluted Share and Record Earnings for the Year

Retrieved on: 
Wednesday, January 24, 2024

Key factors contributing to the fourth quarter of 2023 results included:

Key Points: 
  • Key factors contributing to the fourth quarter of 2023 results included:
    Loan growth and loan production represented the best fourth quarter in the Company’s history.
  • Deposit balances expanded $268 million, or 4%, on the linked quarter, as interest bearing deposits grew $434 million and non-interest bearing deposits contracted by $166 million.
  • Net interest income declined $3.2 million, or 5%, for the fourth quarter of 2023 compared to the fourth quarter a year ago, with net interest margin compressing 39 bps to 3.25%.
  • WM&T income ended the fourth quarter of 2023 at $10.1 million, increasing $878,000, or 10%, over the fourth quarter of 2022.

Marketers Given Marginal Grades for ABM-Driven Revenue Growth

Retrieved on: 
Tuesday, January 23, 2024

A new Chief Marketing Officer (CMO) Council report, produced in collaboration with WM America, entitled “ Fire Up Your Revenue Generation Engine ,” covers critical aspects of lead generation and engagement.

Key Points: 
  • A new Chief Marketing Officer (CMO) Council report, produced in collaboration with WM America, entitled “ Fire Up Your Revenue Generation Engine ,” covers critical aspects of lead generation and engagement.
  • This includes models and metrics for tracking and measuring performance, best practice demand-gen execution, ways to score effectiveness, and more.
  • The latest CMO Council research finds scores of marketers falling behind in lead scoring, account-based marketing, accelerated pipeline, and intention-based marketing.
  • The report is based on a survey of over 170 heads of B2B marketing, sales, revenue, growth, demand gen and campaign execution in Q4 2023.