UB

United Bancorporation of Alabama, Inc. Announces Third Quarter Results

Retrieved on: 
Friday, October 27, 2023

ATMORE, Ala., Oct. 27, 2023 /PRNewswire/ -- (OTCQX: UBAB)- United Bancorporation of Alabama, Inc., parent company of United Bank, Town-Country United Bank, and UB Community Development, announces its financial results for the period ended September 30, 2023.

Key Points: 
  • ATMORE, Ala., Oct. 27, 2023 /PRNewswire/ -- (OTCQX: UBAB)- United Bancorporation of Alabama, Inc., parent company of United Bank, Town-Country United Bank, and UB Community Development, announces its financial results for the period ended September 30, 2023.
  • United Bancorporation of Alabama, Inc. reported unaudited consolidated net income of $21.2 million.
  • Quarterly net interest margin increased to 4.7%, up 1.0% from the same quarter last year.
  • Cost of funds for the year and the quarter were 58 bps and 72 bps, respectively.

Goodwin University Celebrates the opening of a "Manufacturing Epicenter" on University of Bridgeport Campus

Retrieved on: 
Thursday, October 26, 2023

BRIDGEPORT, Conn., Oct. 26, 2023 /PRNewswire/ -- Goodwin University hosted a ribbon-cutting ceremony on Wednesday, October 25, for the opening of the Harrison Steans Advanced Manufacturing Center, which recently opened on University of Bridgeport's campus.

Key Points: 
  • BRIDGEPORT, Conn., Oct. 26, 2023 /PRNewswire/ -- Goodwin University hosted a ribbon-cutting ceremony on Wednesday, October 25, for the opening of the Harrison Steans Advanced Manufacturing Center, which recently opened on University of Bridgeport's campus.
  • The center began hosting its first cohort of welding students, taught by Goodwin University faculty, on UB's campus in September for the 2023 fall semester.
  • Mr. and Mrs. Bauer provided a generous gift to Goodwin University to name the Center after Mr. Bauer's dear friend and colleague, Harrison Steans.
  • "I am excited about the many opportunities Goodwin University's manufacturing center at the University of Bridgeport will offer for students in Bridgeport and surrounding communities," said Menzo.

University of Bridgeport Builds on Momentum, Announces Enrollment Increase for Second Straight Year

Retrieved on: 
Thursday, October 26, 2023

BRIDGEPORT, Conn., Oct. 26, 2023 /PRNewswire/ -- University of Bridgeport (UB) is proud to announce another year of remarkable success for the fall 2023 semester.

Key Points: 
  • BRIDGEPORT, Conn., Oct. 26, 2023 /PRNewswire/ -- University of Bridgeport (UB) is proud to announce another year of remarkable success for the fall 2023 semester.
  • Building on the momentum from fall 2022, which saw UB's first enrollment increase in five years, UB has seen continued growth in its student population.
  • The fall 2022 and 2023 enrollment periods saw an overall increase in total student enrollment of nearly 34%, highlighting an upward trajectory that tells the story of a university cultivating a promising future.
  • Key highlights of UB's fall 2023 enrollment success include:
    "University of Bridgeport is proud to see such outstanding growth in our fall 2023 enrollment numbers," said Danielle Wilken, Ed.

IMIDomics Establishes a License and Collaboration Partnership with the University of Barcelona to Advance Treatments for IMIDs

Retrieved on: 
Wednesday, October 11, 2023

IMIDomics Inc., a patient-centric drug discovery and development company focused on Immune-Mediated Inflammatory Diseases (IMIDs), today announced a strategic license and collaboration agreement with the University of Barcelona (UB).

Key Points: 
  • IMIDomics Inc., a patient-centric drug discovery and development company focused on Immune-Mediated Inflammatory Diseases (IMIDs), today announced a strategic license and collaboration agreement with the University of Barcelona (UB).
  • Under this agreement, IMIDomics has licensed cutting-edge technology and expertise from UB to advance research aimed at understanding and treating IMIDs.
  • Dr. H. Daniel Perez, Chief Development Officer at IMIDomics, expressed his enthusiasm for the partnership, stating, "This collaboration marks a significant milestone for IMIDomics as we continue our relentless pursuit of novel therapies for IMIDs.
  • We believe working closely with the University of Barcelona will help us accelerate our research and ultimately benefit patients suffering from IMIDs."

Indonesia's first 8K uncompressed video conference inaugurates 100 Gbps network for education at UB-Universitas Brawijaya

Retrieved on: 
Friday, August 11, 2023

Universitas Brawijaya (UB), Arterial Research and Educational Network in the Asia Pacific (ARENA-PAC) and Indonesia Research and Education Network (IDREN) held a ceremony to mark the operation of a 100 Gbps high-speed network for education in Indonesia on August 9, 2023.

Key Points: 
  • Universitas Brawijaya (UB), Arterial Research and Educational Network in the Asia Pacific (ARENA-PAC) and Indonesia Research and Education Network (IDREN) held a ceremony to mark the operation of a 100 Gbps high-speed network for education in Indonesia on August 9, 2023.
  • The ceremony also connected to a remote venue in Keio University, Japan, using an uncompressed 8K video conference, marking the first such ultra-high resolution video conference in Indonesia, and demonstrating the high capacity and low latency of the research and education network that spans across the Pacific.
  • Rector of UB Prof Widodo said the inauguration was a follow-up to MoU signed between the three organizations in 2022.
  • In addition, the collaboration is also a big leap for Indonesia to be connected to the current global research and education network.

IPEC and COF Celebrate the Winners of the 2023 Interprofessional Education Collaboration Award

Retrieved on: 
Tuesday, August 1, 2023

On June 29, the Interprofessional Education Collaborative (IPEC) and the PHS Commissioned Officers Foundation for the Advancement of Public Health (COF) hosted a ceremony at the Association of American Medical Colleges (AAMC) Learning Center in Washington, DC to celebrate innovation in interprofessional engagement.

Key Points: 
  • On June 29, the Interprofessional Education Collaborative (IPEC) and the PHS Commissioned Officers Foundation for the Advancement of Public Health (COF) hosted a ceremony at the Association of American Medical Colleges (AAMC) Learning Center in Washington, DC to celebrate innovation in interprofessional engagement.
  • “On behalf of IPEC and COF, it is my pleasure to recognize Dr. Meg Zomorodi and the collaborators at the University of North Carolina-Chapel Hill and the North Carolina Area Health Education Centers as the recipients of the 2023 Excellence in Interprofessional Education (IPE) Collaboration Award," said U.S. Public Health Service Rear Admiral (retired) Randall J.F.
  • RIPHI is a true ‘win-win’ for our students, partners, and all those we serve.”
    The IPEC Membership Meeting and IPEC/COF Award Ceremony also featured poster presentations by honorable mention finalists.
  • “It was great to recognize the work of these teams and pioneers,” said Alison J. Whelan, MD, IPEC Board Chair and AAMC Chief Education Officer.

United Bancorporation of Alabama, Inc. Announces Second Quarter Earnings and Repurchase Program

Retrieved on: 
Friday, July 28, 2023

ATMORE, Ala., July 28, 2023 /PRNewswire/ -- (OTCQX: UBAB)- United Bancorporation of Alabama, Inc., parent company of United Bank (UB), Town-Country United Bank (TCUB), and UB Community Development (UBCD), announces its financial results for the second quarter ending June 30, 2023.

Key Points: 
  • ATMORE, Ala., July 28, 2023 /PRNewswire/ -- (OTCQX: UBAB)- United Bancorporation of Alabama, Inc., parent company of United Bank (UB), Town-Country United Bank (TCUB), and UB Community Development (UBCD), announces its financial results for the second quarter ending June 30, 2023.
  • Earnings per share for the six months were $3.88 compared to $2.11 for the same period in 2022.
  • United reported $7.3 million net income for the quarter ending June 30, 2023, compared to $4.9 million for Q2 2022.
  • On July 25, 2023, the Board of Directors of United (the "Board") approved a stock repurchase program (the "Repurchase Program").

United Bancorporation of Alabama announces semiannual dividend

Retrieved on: 
Friday, July 14, 2023

ATMORE, Ala., July 14, 2023 /PRNewswire/ -- United Bancorporation of Alabama, Inc. (OTCQX: UBAB), parent company of United Bank, Town-Country United Bank and UB Community Development has announced a semiannual dividend of $0.25 per share, declared on May 16, 2023.

Key Points: 
  • ATMORE, Ala., July 14, 2023 /PRNewswire/ -- United Bancorporation of Alabama, Inc. (OTCQX: UBAB), parent company of United Bank, Town-Country United Bank and UB Community Development has announced a semiannual dividend of $0.25 per share, declared on May 16, 2023.
  • United Bancorporation of Alabama, Inc. (OTCQX: UBAB) is a $1.4 billion financial holding company that primarily serves Southwest Alabama as well as Northwest Florida.
  • United is a Community Development Financial Institution (CDFI), which recognizes its commitment to stimulating economic development in underserved communities.
  • United operates three subsidiaries: United Bank, Town-Country United Bank and UB Community Development.

BOE IPC 2023 kicks off, themed "Empower IoT: an Opening Innovation Platform on Display"

Retrieved on: 
Wednesday, July 5, 2023

BEIJING, July 5, 2023 /PRNewswire/ -- On June 28, BOE Innovation Partner Conference 2023 (BOE IPC 2023) opened in Beijing Etrong International Exhibition & Convention Center, with the theme of "Empower IoT: an Opening Innovation Platform on Display."

Key Points: 
  • BEIJING, July 5, 2023 /PRNewswire/ -- On June 28, BOE Innovation Partner Conference 2023 (BOE IPC 2023) opened in Beijing Etrong International Exhibition & Convention Center, with the theme of "Empower IoT: an Opening Innovation Platform on Display."
  • Moreover, BOE IPC 2023 was live broadcast through the world's first 8K+5G UHD broadcasting vehicle, presenting the amazing industry event to audiences anywhere.
  • In the exhibition area of BOE IPC 2023, BOE showcased a plethora of its latest futuristic technologies.
  • At the entrance to the exhibition area, BOE showed how its IoT all-in-one platform supports the implementation of the strategy of "Empower IoT: an Opening Innovation Platform on Display".

Enviva Officially Establishes Roots in Alabama with a Ceremonial Groundbreaking in Sumter County

Retrieved on: 
Wednesday, June 28, 2023

Enviva Inc. (NYSE: EVA), the world’s leading producer of sustainably sourced woody biomass, breaks ground on its forthcoming Epes plant under construction in Sumter County, AL.

Key Points: 
  • Enviva Inc. (NYSE: EVA), the world’s leading producer of sustainably sourced woody biomass, breaks ground on its forthcoming Epes plant under construction in Sumter County, AL.
  • (Photo: Business Wire)
    Enviva has been active in Sumter County since its initial assessment of the site in 2018.
  • In 2020, Enviva acquired over 300 acres in the Epes Industrial Park, located next to the Tombigbee River in Sumter County, to build its largest wood pellet production plant.
  • “I am proud to see more economic development and job creation in Sumter County!” said Alabama Congresswoman Terri Sewell.