NYC Metro | Jotup

Miller Proctor Nickolas (“MPN”) (A Leading Provider of Industrial Heating Equipment) Announces Acquisition of Mobile Steam Boiler Rental Corporation (“MSBRC”) (A Leading Provider of Rental Boilers)

Retrieved on:

Thursday, February 22, 2024

Miller Proctor Nickolas, Inc., (“MPN”) a leading heating solutions and services company, is pleased to announce the acquisition of Mobile Steam Boiler Rental Corp (“MSBRC”), a leading supplier of mobile rental boilers to the New York City Metro area.

Key Points:

Miller Proctor Nickolas, Inc., (“MPN”) a leading heating solutions and services company, is pleased to announce the acquisition of Mobile Steam Boiler Rental Corp (“MSBRC”), a leading supplier of mobile rental boilers to the New York City Metro area.
Quote from Mobile Steam Boiler Rental Corporation’s President, Jeff Moskowitz
"MPN has always been a top supplier to MSBRC.
About of Mobile Steam Boiler Rental Corp:
Since 1969, Mobile Steam Boiler Rental Corp has been dedicated to helping our customers reduce the impact of boiler downtime for their tenants or industrial applications.
For more information, follow MPN on LinkedIn and please contact:
2 Hudson Street Sleepy Hollow, NY 10591
Mobile Steam Boiler Rental Corp Office:

Citizens Financial Group, Inc. Reports Fourth Quarter 2023 Net Income of $189 million and EPS of $0.34

Retrieved on:

Wednesday, January 17, 2024

Banking, Professional Services, Finance, NIM, LCR, FHLB, Pressure, Private banking, NYC Metro, Citizens Financial Group, Interest, Security (finance), Growth

Citizens Financial Group, Inc. (NYSE: CFG or “Citizens”) today reported fourth quarter and full year 2023 financial results.

Key Points:

Citizens Financial Group, Inc. (NYSE: CFG or “Citizens”) today reported fourth quarter and full year 2023 financial results.
The earnings press release, investor presentation, and financial supplement are available at http://investor.citizensbank.com .
“We continue to execute well and posted solid performance in Q4,” said Chairman and CEO Bruce Van Saun.
As previously announced, Citizens will host a live conference call to review its fourth quarter and full year 2023 financial results.

Mill Creek Announces Start of Preleasing at Modera Montville

Retrieved on:

Tuesday, December 19, 2023

NYC Metro, Community

MONTVILLE, N.J., Dec. 19, 2023 /PRNewswire/ -- Mill Creek Residential, a leading developer, owner-operator and investment manager specializing in premier rental housing across the U.S., today announced the start of preleasing at Modera Montville, a luxury apartment community in northern New Jersey about 35 miles west of New York City.

Key Points:

Community Adds 295 Apartment Homes to Northern New Jersey, NYC Metro
MONTVILLE, N.J., Dec. 19, 2023 /PRNewswire/ -- Mill Creek Residential , a leading developer, owner-operator and investment manager specializing in premier rental housing across the U.S., today announced the start of preleasing at Modera Montville , a luxury apartment community in northern New Jersey

Pacific Retail Capital Partners, The Cappelli Organization, & SL Green Realty Corporation; File Rezoning Request for Multi-Billion Dollar Redevelopment of Galleria site in Downtown White Plains, NY

Retrieved on:

Thursday, September 28, 2023

A key first step for the visionary redevelopment, spanning multiple city blocks in the heart of Downtown White Plains.

Key Points:

A key first step for the visionary redevelopment, spanning multiple city blocks in the heart of Downtown White Plains.
The District Galleria is being designed as a sustainable project, meeting the silver LEED standard of high-energy efficient building materials.
The redevelopment of the Galleria site would align with the city’s strategic plan to expand transit-oriented development.
The District Galleria will go a long way in making our local community more enjoyable, desirable, sustainable, and resilient,” added Chief Executive Officer/Founder of the Cappelli Organization, Louis Cappelli.

Ferguson Acquires Bruce Supply Corp, The Kennedy Companies and S. G. Torrice

Retrieved on:

Wednesday, August 2, 2023

HVAC, Manufacturing, LSE, Metro, NYC Metro, PVF, Ferguson plc, Hugh Kennedy & Company, FERG, Acquisition, Water, NYSE, Heating, ventilation, and air conditioning

Ferguson plc (NYSE: FERG; LSE: FERG) announces the acquisition of Bruce Supply Corp (Bruce Supply), a plumbing distributor; The Kennedy Companies (Kennedy), a waterworks distributor; and S. G. Torrice, an HVAC distributor.

Key Points:

Ferguson plc (NYSE: FERG; LSE: FERG) announces the acquisition of Bruce Supply Corp (Bruce Supply), a plumbing distributor; The Kennedy Companies (Kennedy), a waterworks distributor; and S. G. Torrice, an HVAC distributor.
“Bruce Supply, Kennedy and S. G. Torrice are great cultural fits for Ferguson and will help us better serve commercial mechanical, waterworks, and plumbing and HVAC trade professionals in key growing markets across the U.S.,” said Kevin Murphy, Ferguson CEO.
Ferguson has a proven track record of successful acquisitions and has completed more than 50 acquisitions in the last five years.
The large, fragmented markets in which Ferguson operates comprise 10,000+ small to medium ($10-300 million revenue) independent companies across Ferguson’s nine customer groups in North America.

Hanover Bancorp, Inc. Reports Earnings for the Third Fiscal Quarter and Declares $0.10 Quarterly Cash Dividend

Retrieved on:

Thursday, July 27, 2023

MINEOLA, N.Y., July 27, 2023 (GLOBE NEWSWIRE) -- Hanover Bancorp, Inc. (“Hanover” or “the Company” – NASDAQ: HNVR), the holding company for Hanover Community Bank (“the Bank”), today reported results for the quarter ended June 30, 2023 and the payment of a $0.10 per share cash dividend on both common and Series A preferred shares payable on August 16, 2023 to stockholders of record on August 9, 2023.

Key Points:

The Company’s Tangible Common Equity ratio was 7.77% at June 30, 2023, 7.84% at March 31, 2023, and 8.41% at September 30, 2022.
Quarterly Cash Dividend: The Company’s Board of Directors approved a $0.10 per share cash dividend on both common and Series A preferred shares payable on August 16, 2023 to stockholders of record on August 9, 2023.
The decline in net income recorded in the third fiscal quarter of 2023 from the comparable 2022 quarter resulted from two primary factors.
The Bank’s net interest margin was 2.68% during the third fiscal quarter of 2023 versus 4.05% in the comparable 2022 quarter and 3.04% in the March 31, 2023 quarter.

Proactive Risk Partners with Panorays to Expand Delivery of Automated Third-Party Security Risk Management to the Legal Advisory Market

Retrieved on:

Thursday, July 20, 2023

Partnership, SolarWinds, Organization, Automation, Risk, NYC Metro, Delivery, United States Department of Homeland Security, Buffalo–Niagara Falls metropolitan area, Forrester, Cryptocurrency, Risk management, Tourism, Panorays, Kaseya VSA ransomware attack

Proactive Risk Partners with Panorays to Expand Delivery of Automated Third-Party Security Risk Management to the Legal Advisory Market.

Key Points:

Proactive Risk Partners with Panorays to Expand Delivery of Automated Third-Party Security Risk Management to the Legal Advisory Market.
“The days during which organizations had a well-defined network perimeter are long gone,” said Tom Brennan, CEO of Proactive Risk.
We are excited about adding the Panorays solution to our MEASURERISK® managed solution that combines our people, process and technologies.”
“We are thrilled to partner with Proactive Risk to bring Panorays’ third-party security risk management solution to the legal advisory market,” said Gilad Friedman, VP, Global Channels, Panorays.
To learn more about Panorays, please visit: https://panorays.com/
To learn more about Proactive Risk, please visit: https://www.proactiverisk.com/

Citizens Financial Group, Inc. Reports Second Quarter 2023 Net Income of $478 million and EPS of $0.92

Retrieved on:

Wednesday, July 19, 2023

Banking, Professional Services, FHLB, Citizens Financial Group, Securities and Exchange Commission (Nigeria), Interest, NYC Metro, Security (finance), Environment, NYSE, Cryptocurrency, Citizenship

Citizens Financial Group, Inc. (NYSE: CFG or “Citizens”) today reported second quarter 2023 financial results.

Key Points:

Citizens Financial Group, Inc. (NYSE: CFG or “Citizens”) today reported second quarter 2023 financial results.
“We were pleased to navigate well through a dynamic and challenging environment in the second quarter,” said Chairman and CEO Bruce Van Saun.
The dividend is payable on August 16, 2023 to shareholders of record at the close of business on August 2, 2023.
As previously announced, Citizens will host a live conference call to review its second quarter 2023 financial results.

Hanover Bancorp, Inc. Reports Earnings for the Second Fiscal Quarter and Declares $0.10 Quarterly Cash Dividend

Retrieved on:

Thursday, April 27, 2023

MINEOLA, N.Y., April 27, 2023 (GLOBE NEWSWIRE) -- Hanover Bancorp, Inc. (“Hanover” or “the Company” – NASDAQ: HNVR), the holding company for Hanover Community Bank (“the Bank”), today reported results for the quarter ended March 31, 2023 and the payment of a $0.10 per share cash dividend on both common and Series A preferred shares payable on May 17, 2023 to stockholders of record on May 10, 2023.

Key Points:

The Company’s Tangible Common Equity ratio was 7.84% at March 31, 2023, 8.41% at September 30, 2022, and 7.90% at March 31, 2022.
Quarterly Cash Dividend: The Company’s Board of Directors approved a $0.10 per share cash dividend on both common and Series A preferred shares payable on May 17, 2023 to stockholders of record on May 10, 2023.
Net Interest Margin: The Company’s net interest margin during the quarter ended March 31, 2023 was 3.04% versus 3.49% in the quarter ended December 31, 2022 and 4.26% in the quarter ended March 31, 2022.
The Bank’s net interest margin was 3.04% during the second fiscal quarter of 2023 versus 4.26% in the comparable 2022 quarter and 3.49% in the December 31, 2022 quarter.

O-RAN ALLIANCE Announces Cooperation with ATIS, Activities at MWC Barcelona 2023, 7th Release of Open Software and New OTICs

Retrieved on:

Wednesday, January 18, 2023

“O-RAN is welcoming the opportunity to work with ATIS,” said Alex Jinsung Choi, Chairman of the O-RAN ALLIANCE and SVP Group Technology at Deutsche Telekom.

Key Points:

“O-RAN is welcoming the opportunity to work with ATIS,” said Alex Jinsung Choi, Chairman of the O-RAN ALLIANCE and SVP Group Technology at Deutsche Telekom.
In December 2022, following on the half year release cycle, the O-RAN Software Community (OSC) published its 7th open software release named "G".
With each release, OSC’s open software continues to greatly help companies to develop, test and integrate their commercial open and intelligent RAN solutions.
Contributions to OSC’s open software come from a diverse community, delivering a broad scope of software according to latest O-RAN ALLIANCE specifications.