Company Overview - Sirona Biochem is a cosmetic ingredient and drug discovery company with a proprietary platform technology specializing in stabilizing carbohydrate molecules to improve efficacy and safety [2] - The company's compounds are patented and licensed to leading global companies, generating revenue through licensing fees, milestone fees, and ongoing royalty payments [2] - Sirona's laboratory, TFChem, is located in France and has received multiple French national scientific awards and EU/French government grants [2] Product Innovation - TFC-1326, Sirona's anti-aging compound, delivers rapid, consistent results with potent antioxidant and anti-inflammatory benefits [3] - Unlike traditional retinoids, TFC-1326 is suitable for all skin types, including sensitive skin, without causing irritation [3] - The compound has been highlighted in Stonegate Healthcare Partners' research report, which evaluates its clinical trial performance compared to traditional retinoid treatments [7] Market Impact - TFC-1326 is positioned as a disruptive force in the $12.5 billion global anti-aging market, offering a highly effective and user-friendly alternative to conventional treatments [3][4] - The publication of Stonegate Healthcare's report underscores the transformative potential of TFC-1326 in redefining skincare science [4] Industry Recognition - Stonegate Healthcare's analysis highlights TFC-1326's ability to significantly reduce wrinkle depth and volume, enhance skin elasticity and firmness, and ensure deep hydration [1][3] - The recognition by Stonegate Healthcare reflects Sirona Biochem's commitment to pioneering advanced solutions in the skincare industry [4]

Grants will support post-Hurricane Helene housing and small business recovery, long-term resiliencyCHARLOTTE, N.C., Jan. 15, 2025 /PRNewswire/ -- Truist Foundation today announced it will partner with Center for Disaster Philanthropy to provide over $20 million in disaster recovery grants in Western North Carolina as part of the Truist Cares for Western North Carolina initiative. Flooding in the aftermath of Hurricane Helene, which hit in September 2024, destroyed or damaged more than 250,000 homes across 3 ...

Truist Financial (TFC) is scheduled to announce its fourth-quarter and full-year 2024 results on Jan. 17 before the opening bell. Given the implementation of rate cuts, the overall lending scenario improved in the quarter.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Per the Federal Reserve’s latest data, demand for commercial and industrial (C&I) loans (accounting for roughly 50% of TFC’s total loans and leases held for investment) rose during the fourth quarter. Likewise, consum ...

Wall Street analysts forecast that Truist Financial Corporation (TFC) will report quarterly earnings of $0.87 per share in its upcoming release, pointing to a year-over-year increase of 7.4%. It is anticipated that revenues will amount to $5 billion, exhibiting a decline of 12.3% compared to the year-ago quarter.The current level reflects an upward revision of 0.2% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively rea ...

Core Viewpoint - The market anticipates Truist Financial Corporation (TFC) to report a year-over-year earnings increase despite lower revenues in the upcoming earnings report for the quarter ended December 2024 [1] Earnings Expectations - Truist Financial is expected to post quarterly earnings of $0.87 per share, reflecting a year-over-year change of +7.4% [3] - Revenues are projected to be $5.01 billion, which is a decrease of 12.1% from the same quarter last year [3] Estimate Revisions - The consensus EPS estimate has been revised 0.33% higher in the last 30 days, indicating a positive reassessment by analysts [4] - The Most Accurate Estimate for Truist Financial is higher than the Zacks Consensus Estimate, resulting in an Earnings ESP of +2.27% [10][11] Earnings Surprise Prediction - A positive Earnings ESP is a strong indicator of a potential earnings beat, especially when combined with a Zacks Rank of 1 (Strong Buy), 2 (Buy), or 3 (Hold) [8] - Truist Financial currently holds a Zacks Rank of 3, suggesting a likelihood of beating the consensus EPS estimate [11] Historical Performance - In the last reported quarter, Truist Financial exceeded the expected earnings of $0.89 per share by delivering $0.97, resulting in a surprise of +8.99% [12] - Over the past four quarters, the company has surpassed consensus EPS estimates three times [13] Industry Comparison - U.S. Bancorp (USB), a peer in the Zacks Banks - Major Regional industry, is expected to report earnings of $1.06 per share, indicating a year-over-year change of +7.1% [17] - U.S. Bancorp's revenues are expected to be $7.03 billion, up 4.4% from the previous year [17] - The consensus EPS estimate for U.S. Bancorp has been revised 0.2% higher, but it currently has an Earnings ESP of -0.43%, making predictions about beating the consensus EPS estimate less certain [18]

CHARLOTTE, N.C., Dec. 20, 2024 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) will report fourth-quarter 2024 financial results before the market opens on Friday, January 17, 2025. Chairman and Chief Executive Officer Bill Rogers and Chief Financial Officer Mike Maguire will host a conference call to review the company's financial results at 8 a.m. ET.Investors can access the live earnings call by webcast or dial-in as follows:Live webcast for listeners: https://app.webinar.net/xOqjwYK80mYDial-in ...

CHARLOTTE, N.C., Dec. 11, 2024 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) today announced it received the highest possible overall rating of "Outstanding" from the Federal Deposit Insurance Corporation for its most recent Community Reinvestment Act examination period, from 2020-2022. The CRA encourages banks to help meet the credit needs of communities in which they operate, including low- and moderate-income (LMI) neighborhoods, consistent with safe and sound banking operations."Receiving an ...

CHARLOTTE, N.C., Nov. 21, 2024 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) today announced that Chairman and Chief Executive Officer Bill Rogers will speak at the Goldman Sachs 2024 US Financial Services Conference at 10:40 a.m. ET on Tuesday, Dec. 10, 2024, in New York City.A live audio webcast will be available on the day of the conference at ir.truist.com under Events & Presentations. A replay of the webcast will be available on the website for 30 days.About TruistTruist Financial Corporatio ...

VANCOUVER, British Columbia, Nov. 20, 2024 (GLOBE NEWSWIRE) -- Sirona Biochem Corp. (TSX-V: SBM) (FSE: ZSB) is proud to announce the publication of a pivotal research article in the prestigious Journal of Cosmetic Dermatology. About the Study The article, titled “TFC-1326 Compound Reduces Clinical Signs of Skin Aging: Evidence From In Vitro Human Adipose and Skin Models and Pilot Clinical Trial,” highlights the groundbreaking efficacy of Sirona’s proprietary compound TFC-1326 in reducing visible signs of sk ...

The commitment will include new, dedicated capital for local small businesses, residents and municipalities, impact capital from Truist Community Capital, philanthropic giving from Truist Foundation and additional on-the-ground humanitarian support from Truist teammates to help establish long-term resiliency in this devastated region. To optimize this new initiative, Truist will work closely with community partners, including key civic and business stakeholders, and disaster response organizations, to help ...