Finance

NervGen Pharma Reports 2023 Year-End Financial Results and Operational Updates

NervGen Pharma Reports 2023 Year-End Financial Results and Operational Updates

[ad_1] Anticipated completion of enrollment of the chronic cohort in the Phase 1b/2a clinical trial in Q2 2024 CA$23 million bought deal financing completed in March 2024 provides expected cash runway through Q3 2025 Fast Track designation granted by U.S. Food and Drug Administration (FDA) for NVG-291 in spinal cord injury Vancouver, British Columbia–(Newsfile Corp. …

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Mixed Results Amidst Market Challenges

Mixed Results Amidst Market Challenges

[ad_1] Net Income: Reported at $334 million, below the estimated $347.91 million. Earnings Per Share (EPS): Achieved $0.65, underperforming against the expected $0.74. Revenue: Total revenue reached $1,959 million, aligning with projections. Capital Strength: CET1 ratio maintained at a robust 10.6%. Dividend: Declared a quarterly dividend of $0.42 per share, payable on May 15, 2024. …

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Citizens Financial Group, Inc. Reports First Quarter 2024 Net Income of $334 million and EPS of $0.65

Citizens Financial Group, Inc. Reports First Quarter 2024 Net Income of $334 million and EPS of $0.65

[ad_1] Underlying Net Income of $395 million and EPS of $0.79 Strong recovery in Capital Markets fees Stable NIM; LDR of 81%; CET1 ratio of 10.6% PROVIDENCE, R.I., April 17, 2024–(BUSINESS WIRE)–Citizens Financial Group, Inc. (NYSE: CFG or “Citizens”) today reported first quarter 2024 financial results. The earnings press release, investor presentation, and financial supplement …

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ASML Q1 bookings miss forecast, but China sales hold up

ASML Q1 bookings miss forecast, but China sales hold up

[ad_1] Reuters) -ASML, the largest supplier of equipment to computer chip makers, reported weaker than expected first-quarter new bookings on Wednesday, although sales to China held up despite U.S.-led restrictions. Shares in Europe’s biggest tech firm, which had risen 34% this year, were down 4.5%. The Dutch group is seeing a lull in demand for …

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Surecomp and Cleareye.ai partner to enhance AI powered trade finance automation

Surecomp and Cleareye.ai partner to enhance AI powered trade finance automation

[ad_1] The platform leverages technology breakthroughs with a fully automated document processing layer, unified ML lifecycle management, data management, model governance and dynamic rules engine leveraging NLP. Editorial Team April 17, 2024 2 minutes Surecomp® today announced a strategic partnership with Cleareye.ai Inc., a leading provider of digital trade finance solutions providing automation of trade …

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Decoding Fastenal Co (FAST): A Strategic SWOT Insight

Decoding Fastenal Co (FAST): A Strategic SWOT Insight

[ad_1] Fastenal Co (NASDAQ:FAST) showcases robust growth in net sales, indicating a strong market presence. Despite market challenges, FAST maintains a solid gross profit margin, reflecting effective cost management. Strategic investments in technology and expansion highlight FAST’s commitment to innovation and customer service. Market dynamics present both opportunities and threats for FAST, with economic trends …

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Advanced Micro Devices Stock Has 25% Upside, According to 1 Wall Street Analyst

Advanced Micro Devices Stock Has 25% Upside, According to 1 Wall Street Analyst

[ad_1] The growing adoption of artificial intelligence (AI) has created a boon for a number of companies in the semiconductor space, and Advanced Micro Devices (NASDAQ: AMD) has been among the beneficiaries of that trend. The company’s processors have seen strong demand driven by these secular tailwinds. Despite spectacular gains of 78% over the past …

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Elevance teams with private investment firm on primary care

Elevance teams with private investment firm on primary care

[ad_1] Photo: Emir Memedovski/Getty Images Elevance Health and private investment firm Clayton, Dublier and Rice (CD&R) have agreed to form a strategic partnership meant to accelerate innovation in primary care delivery, with an eye toward improving experience and outcomes. The effort will bring together certain care delivery and enablement assets of Elevance Health’s Carelon Health …

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Hybrid Power Solutions Announces $1.5 Million Financing

Hybrid Power Solutions Announces $1.5 Million Financing

[ad_1] Vancouver, British Columbia–(Newsfile Corp. – April 16, 2024) – Hybrid Power Solutions Inc. (CSE: HPSS) (OTCQB: HPSIF) (FSE: E092) (“Hybrid” or the “Company“) is pleased to announce a non-brokered prospectus financing of units (the “Units“) consisting of up to 5,000,000 Units at $0.30 per Unit for gross proceeds of up to $1,500,000 (the “Offering“). …

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City Finance Director Exits South Pasadena After 13 Months | The South Pasadenan

City Finance Director Exits South Pasadena After 13 Months | The South Pasadenan

[ad_1] Video Screen Capture from South Pasadena City Council Meeting June 7, 2023 | (then) Interim Finance Director John Down and his team answering questions to City Council Only days before the April 17 kickoff of the city’s accelerated budget process and four months since formally taking over as South Pasadena’s permanent Finance Director, John …

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