CPI

Haynes International, Inc. Reports Fourth Quarter Fiscal 2023 Financial Results and Year End Highlights

Retrieved on: 
Thursday, November 16, 2023
IGT, Holiday, EBITDA, Haynes International, Ageing, Exercise, Traction, Tax, Public expenditure, Research, Calendar, Capital, Credit, Growth, State Administrative Expenses, Borrowing base, Life, CPI, Pharmaceutical industry, Film industry, Security (finance), Holding company, Tobacco, Video game, Recycling, Finance

Selling, general and administrative expense as a percent of net revenues decreased from 8.4% in the fourth quarter of fiscal 2022 to 7.8% in the fourth quarter of fiscal 2023, largely driven by the higher net revenues in the fourth quarter of fiscal 2023.

Key Points: 
  • Selling, general and administrative expense as a percent of net revenues decreased from 8.4% in the fourth quarter of fiscal 2022 to 7.8% in the fourth quarter of fiscal 2023, largely driven by the higher net revenues in the fourth quarter of fiscal 2023.
  • Income tax expense in the fourth quarter of fiscal 2023 as a percentage of income before income taxes was 11.5% as compared to 15.3% in the fourth quarter of fiscal 2022.
  • Revenue and earnings in the first quarter of fiscal 2024 are expected to be higher compared to the first quarter of fiscal 2023, but lower than the fourth quarter of fiscal 2023.
  • The Company will host a conference call on Friday, November 17, 2023 to discuss its results for the fourth quarter of fiscal 2023.

NAR Chief Economist Lawrence Yun Forecasts Existing Home Sales Will Rise by 15% Next Year and Mortgage Rates Will be Between 6-7% by Spring 2024

Retrieved on: 
Wednesday, November 15, 2023
Employment, GDP, Federal, Treasury, Buyer's remorse, Housing, Federal Reserve, Fed, NAR, CPI, Real estate, Bank

He explained that high mortgage rates and low inventory have dominated 2023, saying, “Twenty-year-high mortgage rates have held off home buyers.

Key Points: 
  • He explained that high mortgage rates and low inventory have dominated 2023, saying, “Twenty-year-high mortgage rates have held off home buyers.
  • Driven by extraordinarily high interest rates, 30-year-fixed mortgage rates remained elevated in 2023, climbing to as much as 8%.
  • “These high interest rates have had a great impact on the U.S.’ overall economic performance,” Yun said.
  • “The 10-year Treasury yield is at 4.4%, which historically means mortgage rates could be at 6.4%, but they are much higher,” said Yun.

Nexus Industrial REIT Announces Q3 2023 Results and December Distribution

Retrieved on: 
Tuesday, November 14, 2023
Nexus, NOI, Acquisition, Bank statement, Public expenditure, REIT, Class, Analysis, SEDAR, Table, News, DRIP, CPI, Cryptocurrency

Q3 2023 NOI of $29.3 million was $4.4 million higher than Q3 2022 NOI of $24.9 million.

Key Points: 
  • Q3 2023 NOI of $29.3 million was $4.4 million higher than Q3 2022 NOI of $24.9 million.
  • Acquisitions completed subsequent to July 1, 2022 generated $4.6 million of incremental NOI in Q3 2023 as compared to Q3 2022.
  • Q3 2023 Same Property NOI increased $0.6 million as compared to Q3 2022, primarily driven by rental steps and CPI increases at certain of the REIT’s industrial properties as well as new and renewal lease lift.
  • The disposal of one small industrial and four retail properties between July 2022 and September 2023 reduced NOI by $1.0 million as compared to Q3 2022.

CPI Card Group Announces Share Purchase Agreement with Majority Shareholder Parallel49 Equity ULC

Retrieved on: 
Thursday, December 7, 2023
Software, Mobile, Wireless, Networks, Internet, Professional Services, Fintech, Data Management, Payments, Apps, Applications, Technology, Digital Cash Management, Digital Assets, Finance, Audit committee, Fund, Share repurchase, LP, Environment, PMTS, CPI, Security (finance)

The agreement has been approved by the Audit Committee of the Board of Directors of the Company.

Key Points: 
  • The agreement has been approved by the Audit Committee of the Board of Directors of the Company.
  • “We remain a big supporter of the Company and believe this agreement benefits both CPI shareholders and Parallel49 investors.”
    Parallel49 currently owns 6.6 million shares of CPI common stock, or approximately 57% of CPI’s outstanding common stock.
  • CPI purchasing shares from Parallel49 at a 3 to 1 ratio to open market purchases would maintain or reduce the Parallel49 ownership percentage in CPI and minimize the share repurchase impact on CPI’s public float.
  • The Company and Parallel49 may enter into similar agreements in the future, consistent with the Company’s share repurchase authorization.

CatalYm Presents Positive Phase 2a Outcome for Visugromab in Advanced NSCLC and Urothelial Cancer at the ESMO Immuno-Oncology Congress 2023

Retrieved on: 
Wednesday, December 6, 2023
Oncology, Health, Clinical Trials, Research, Science, Pharmaceutical, Biotechnology, PD-L1, Symantec Endpoint Protection, Dor, Safety, RECIST, Carcinoma, TPS, Disease, ESMO, Patient, Immunology, Universidad, PD-1, Internal Coordinate Mechanics, Standard of care, ORR, MD, Nivolumab, Doctor of Philosophy, CIMA, UC, NSCLC, CPI, Pharmaceutical industry, Medical imaging, Immunotherapy

Visugromab is a monoclonal antibody designed to neutralize the tumor-produced Growth Differentiation Factor-15 (GDF-15), a central mediator of immune resistance to cancer therapies.

Key Points: 
  • Visugromab is a monoclonal antibody designed to neutralize the tumor-produced Growth Differentiation Factor-15 (GDF-15), a central mediator of immune resistance to cancer therapies.
  • The Objective Response Rate (ORR) as per RECIST criteria in both the NSCLC and the UC cohorts was 14.8% (4/27, respectively), and 21.1% (4/19) in non-squamous NSCLC.
  • We want to improve patient’s lives and outcome with a well tolerable immunotherapy concept that we see emerge here.”
    The Phase 2a GDFATHER-2 program was initiated in March 2022 .
  • Presenter: Dr. Ignacio Melero, Co-Director of the Department of Immunology and Immunotherapy Researcher at the Universidad de Navarra, Spain

Mintegral Announces SDK Support for Amazon Fire Tablet Apps, Enhancing Opportunities for Developers

Retrieved on: 
Monday, December 4, 2023
Data Management, Technology, Professional Services, Advertising, Communications, Digital Marketing, Apps, Applications, Data Analytics, Artificial Intelligence, Mobile, Wireless, Content Marketing, Acquisition, Christian nationalism, SDK, Android, Cuteness, Amazon Appstore, CPO, Fire, Amazon Fire, Optimization, Partnership, CPM, Fire OS, CPI, Video game, Amazon

Mintegral , a Mobvista subsidiary, has recently been recognized as a supported advertising SDK for Amazon Fire tablet apps.

Key Points: 
  • Mintegral , a Mobvista subsidiary, has recently been recognized as a supported advertising SDK for Amazon Fire tablet apps.
  • This integration is targeted towards amplifying opportunities for developers by offering advanced tools for user acquisition and app monetization.
  • "Integrating the Mintegral SDK to monetize our Amazon Appstore apps has significantly enhanced our ad revenue.
  • Ultimately, having Mintegral in the Amazon Appstore will strengthen our comprehensive solutions for developers worldwide."

TD Ameritrade Investor Movement Index: IMX Score Drops in November

Retrieved on: 
Monday, December 4, 2023
Personal Finance, Finance, Millennials, Banking, Accounting, Business, Professional Services, Consumer, Asset Management, IMX, Education, SPX, FOMC, TD Ameritrade, Labour, Multimedia, Current Population Survey, CBOE, Energy, VIX, Global Industry Classification Standard, Health care, Trade Union Educational League, COVID-19, Fed, Name, CPI, Cryptocurrency

The Investor Movement Index ® (IMXSM) decreased to 5.20 in November, down from its score of 5.64 in October.

Key Points: 
  • The Investor Movement Index ® (IMXSM) decreased to 5.20 in November, down from its score of 5.64 in October.
  • The IMX is TD Ameritrade’s proprietary, behavior-based index, aggregating Main Street investor positions and activity to measure what investors actually were doing and how they were positioned in the markets.
  • View the full release here: https://www.businesswire.com/news/home/20231204099951/en/
    The reading for the four-week period ending November 24, 2023 ranks “moderate low” compared to historic averages.
  • TD Ameritrade clients were net sellers of equities overall during the period.

Redfin Report: Mortgage Applications Tick Up As Rates Drop From Peak, New Listings Rise

Retrieved on: 
Thursday, November 16, 2023
Professional Services, Other Professional Services, Other Construction & Property, Residential Building & Real Estate, Commercial Building & Real Estate, Finance, Construction & Property, Sale, Fed, House, CPI, Real estate

House hunters are coming off the sidelines because mortgage rates are dropping from their peak: Average rates have declined from a two-decade high of 8% to the 7.4% range in the last month.

Key Points: 
  • House hunters are coming off the sidelines because mortgage rates are dropping from their peak: Average rates have declined from a two-decade high of 8% to the 7.4% range in the last month.
  • Mortgage rates are declining partly because this week’s CPI report shows that inflation is easing.
  • That means it’s almost certain the Fed won’t hike interest rates again this year—and they may start cutting rates earlier than expected.
  • The total number of homes for sale is near its highest level since the start of the year.

Chatsworth Products' Michael Custer Transitions to Board - Ted Behrens succeeds as CEO

Retrieved on: 
Tuesday, December 12, 2023
Executive, Product management, Marketing, Chief marketing officer, ICT, Retirement, Growth, SIMI, Management, Operation, CPI

The company is pleased to announce the appointment of Ted Behrens as CEO and President effective January 1, 2024.

Key Points: 
  • The company is pleased to announce the appointment of Ted Behrens as CEO and President effective January 1, 2024.
  • Though Mr. Custer will retire from his position as CEO at the end of the calendar year, he has been elected to serve as an independent member of the CPI Board of Directors, ensuring a smooth transition of leadership to Mr. Behrens.
  • I look forward to seeing him and the company continue to thrive in achieving their long-term strategic goals in the coming years," said Michael Custer.
  • Ted Behrens' appointment as CEO and Michael Custer as a continuing Board member reinforces CPI's commitment to driving innovation and excellence in the ICT industry, aligning perfectly with the company's strong focus on delivering cutting-edge solutions to its customers.

Basin Water Resources Unveils Exciting New Rebranding as Expansa

Retrieved on: 
Wednesday, December 6, 2023
Online, MMF, DI, Design–build, Filtration, NGL, HPI, Strategic planning, Chelodina expansa, Municipality, NF, Semiconductor industry in China, Marketing, Social media, UF, Operation, Water, Food processing, Growth, HQ, Nova Dies BVI IBC, CPI, Mining

HOUSTON, Dec. 6, 2023 /PRNewswire/ -- Basin Water Resources, a privately held U.S. based industrial and municipal water treatment solutions provider, proudly announces its rebranding as Expansa.

Key Points: 
  • HOUSTON, Dec. 6, 2023 /PRNewswire/ -- Basin Water Resources, a privately held U.S. based industrial and municipal water treatment solutions provider, proudly announces its rebranding as Expansa.
  • Key elements of the rebranding include:
    New Visual Identity: A modernized logo and refreshed design elements that capture the essence of our company's growth and forward-thinking approach.
  • Expansa is a premium provider of turnkey water treatment solutions to the Municipal, Power, Mining, HPI, CPI, NGL, Food Processing, and Semiconductor Industries.
  • Mobile Water Systems - Bag/Cartridge Filtration, MMF, UF, NF, RO, and DI
    For media inquiries and further information, please contact: