MIND Technology, Inc., a technology provider to various industries, including the oceanographic and defense sectors, has announced its financial results for the fiscal 2024 fourth quarter and year ended January 31, 2024.According to the company's President and Chief Executive Officer, Rob Capps, "We are pleased to report solid results for the fiscal fourth quarter and our first profitable fiscal year since 2014. This is a significant milestone and a reflection of the efforts that we've made to strategically position the Company for future growth."Capps further added,...
Truist Financial Corporation has introduced a new financial education program called Truist Life, Money, and Choices™, tailored specifically for high school and college students. The initiative aims to provide participants with realistic financial scenarios and choices to empower them with essential skills for their financial futures.Anthony Weekly, Truist's Chief CRA/Community Development Officer, expressed enthusiasm for the program, stating, "As we close out National Financial Literacy month, we are thrilled to launch this initiative, which directly aligns with our...
Scotiabank announced today the appointment of Travis Machen as the CEO and Group Head of its Global Banking and Markets (GBM) business, effective May 6, 2024. In this new role, Mr. Machen will lead the strategic direction of Scotiabank's global banking business, focusing on expanding product offerings and attracting more primary clients to drive sustainable growth.Scott Thomson, President and CEO of Scotiabank, expressed confidence in Machen, stating, "Travis is a forward-thinking leader with the vision and experience to lead our Global Banking and Markets business."...
Los Angeles World Airports (LAWA) has made a significant stride in promoting inclusivity and diversity in its contracting model for capital improvement projects. The latest Multiple Award Task Order Contract (MATOC) approved by the Los Angeles City Council represents nearly $1 billion in contracting value and has set new standards for inclusivity.Karim Webb, President of the Board of Airport Commissioners, expressed his satisfaction with the decision, stating, "After supporting this game-changing MATOC with my fellow BOAC members, I commend the City on its unanimous...
CARMEL, Ind., April 29, 2024 /PRNewswire/ -- CNO Financial Group, Inc. (NYSE: CNO) announced its first-quarter results for 2024, showcasing a significant improvement over the previous year. The company reported net income of $112.3 million, or $1.01 per diluted share, compared to a net loss of $0.8 million, or $0.01 per diluted share, in the first quarter of 2023.Gary C. Bhojwani, CEO of CNO Financial Group, expressed satisfaction with the quarterly performance, stating, "First quarter results were among the best operating metrics we've delivered in the past several years...
GUANGZHOU, China, April 26, 2024 /PRNewswire/ -- CNFinance Holdings Limited (NYSE: CNF) ("CNFinance" or the "Company") has announced the filing of its annual report on Form 20-F for the fiscal year ended December 31, 2023 with the U.S. Securities and Exchange Commission ("SEC") on April 26, 2024.The Company stated, "The annual report can be accessed on the Company's investor relations website at http://ir.cashchina.cn as well as the SEC's website at http://www.sec.gov."Furthermore, CNFinance Holdings Limited confirmed, "The Company will provide a hard copy of its annual...
Associated Banc-Corp, a leading Midwest banking franchise, revealed positive financial outcomes in their first-quarter report for 2024. The company reported net income available to common equity of $78 million, translating to $0.52 per common share. This marks a significant improvement compared to the previous quarter's loss of $94 million and a decrease from the earnings of $100 million in the same period last year.President and CEO Andy Harmening expressed satisfaction with the results, stating, "During the first quarter, we continued to make strong progress against our...
LAS VEGAS, April 25, 2024 /PRNewswire/ -- GBank Financial Holdings Inc. (the "Company") (OTCQX: GBFH) has announced its upcoming annual meeting of shareholders scheduled for Tuesday, May 7, 2024, at 2:00 p.m. (PST). Shareholders will have the opportunity to participate remotely, with no physical location for attendance.The event will be hosted by Edward M. Nigro, Executive Chairman, and T. Ryan Sullivan, President/CEO of GBank Financial Holdings Inc. Shareholders are urged to thoroughly review the Annual Meeting Notice and related materials to familiarize themselves with...
Esquire Financial Holdings, Inc., the financial holding company for Esquire Bank, National Association, has announced its operating results for the first quarter of 2024. The company reported net income of $10.1 million for the quarter ended March 31, 2024, with returns on average assets and equity at 2.59% and 20.14%, respectively.Tony Coelho, Chairman of the Board, emphasized the company's belief in maintaining a strong balance sheet and client relationships for long-term success. He stated, "We have always believed that a strong and fortified balance sheet anchored by...
NEW YORK, April 25, 2024 /PRNewswire/ -- R&T Deposit Solutions ("R&T"), a leading provider of tech-enabled cash management and deposit placement programs, has announced a strategic Collaboration Agreement with Supernova Technology ("Supernova"), a prominent financial technology company specializing in digital wealth-based lending solutions.Under this agreement, R&T's subsidiary, Total Deposit Solutions, LLC, will transition its Securities-Based Loan Management System ("LMS") client base to Supernova, providing clients with access to Supernova's cloud-based...
Environmental groups, including Dogwood Alliance, are urging an end to the subsidies that support Drax's activities, which they claim are causing forest destruction, environmental injustices, and climate damage. The call comes as Drax's annual general meeting faces criticism from various sectors around the world. Kathy Egland, an environmental advocate with the NAACP, emphasized the importance of spreading awareness about the negative impacts of wood burning for energy, stating, "Our message is the same whether we're speaking to the U.S. government as it considers tax...
Talos Accelerates Expansion of its Portfolio Management System with Acquisition of CloudwallApr 23, 2024NEW YORK, April 23, 2024 /PRNewswire/ -- Talos, the premier provider of institutional technology for trading digital assets, has announced the acquisition of Cloudwall, a developer of sophisticated digital asset risk technology. The move aims to bolster Talos's capabilities with sophisticated risk management technology critical for the institutional adoption of digital assets.Anton Katz, CEO and Co-Founder of Talos, expressed the significance of the acquisition,...
First US Bancshares, Inc. (Nasdaq: FUSB) announced its financial results for the first quarter of 2024 with a net income of $2.1 million, or $0.34 per diluted share. This figure compares to $2.3 million in the previous quarter and $2.1 million for the same period last year.CEO James F. House expressed satisfaction with the company's performance, stating, "We are off to a solid start for 2024." He added, "During the early months of 2024, we are taking advantage of market opportunities to improve asset yields, while simultaneously working to control expenses, and strengthen...