NB Bancorp, Inc. and Provident Bancorp, Inc. Enter Into Definitive Merger Agreement
Prnewswire· 2025-06-05 20:38
Key Highlights: Merger expands Needham Bank's branch footprint into the North Shore of Massachusetts and New Hampshire The merger is expected to be approximately 19% accretive to NB Bancorp, Inc.'s earnings per share in 2026, the first full year of combined operations, assuming full phase-in of cost savings Needham Bank will remain well capitalized with high levels of liquidity after the merger NEEDHAM, Mass. and AMESBURY, Mass., June 5, 2025 /PRNewswire/ -- NB Bancorp, Inc. ("Needham") (Nasdaq: NBBK), the ...
Samsara Stock Slips Despite Better-Than-Expected Q1 Report
Benzinga· 2025-06-05 20:36
Samsara, Inc. IOT released its first-quarter results after Thursday's closing bell. Here's a look at the key figures from the quarter. The Details: Samsara reported quarterly adjusted earnings of 11 cents per share, beating the consensus estimate of six cents. Quarterly revenue came in at $366.9 million, beating the Street estimate of $351.42 million. Read Next: Trump Announces China Trade Talks, Tesla Stock Slumps: What’s Driving Markets Thursday?“We delivered a strong first quarter of the new fiscal year ...
Lululemon shares tumble 20% as it cuts full-year guidance, citing 'dynamic macroenvironment'
CNBC· 2025-06-05 20:32
Lululemon beat Wall Street expectations for fiscal first-quarter earnings Thursday, but cut its full-year earnings guidance, citing a "dynamic macroenvironment."As the company navigates tariffs and fears about a slowing U.S. economy, CEO Calvin McDonald said in a news release that "we intend to leverage our strong financial position and competitive advantages to play offense, while we continue to invest in the growth opportunities in front of us."Shares of the apparel company plunged about 20% in extended t ...
ASUR Announces Total Passenger Traffic for May 2025
Prnewswire· 2025-06-05 20:30
Passenger traffic increased year-on-year by 1.3% in Puerto Rico, and decreased by 3.0% in Mexico and 3.4% in ColombiaMEXICO CITY, June 5, 2025 /PRNewswire/ -- Grupo Aeroportuario del Sureste, S.A.B. de C.V. (NYSE: ASR; BMV: ASUR), ASUR, a leading international airport group with operations in Mexico, the U.S. and Colombia, today announced that passenger traffic for May 2025 reached a total of 5.7 million passengers, representing a decrease of 2.2% compared to May 2024.Passenger traffic presented a year-one ...
Markel announces collaboration with Insurate to advance middle-market workers compensation through AI and innovative safety scoring
Prnewswire· 2025-06-05 20:30
Core Insights - Markel Insurance has announced a strategic collaboration with Insurate, an insurtech company focused on middle-market workers compensation, utilizing AI and advanced safety scoring methodologies for risk management [1][2][3] Company Overview - Markel Insurance is part of Markel Group Inc. and is recognized as a leading global specialty insurer with a people-first approach, leveraging diverse capabilities to address complex insurance needs [7] - Insurate specializes in transforming middle-market workers' compensation insurance through enhanced datasets, AI, and proprietary safety scoring algorithms, aiming to create safer workplaces [8] Strategic Collaboration - The collaboration aims to merge Markel's established strengths and network with Insurate's technological innovations to provide tailored workers compensation solutions for the middle market [6] - Insurate's platform employs advanced AI algorithms to analyze extensive datasets, enabling precise risk assessment and pricing for complex industrial and service operations prevalent in the middle market [3][4] Commitment to Safety - Insurate's model promotes a virtuous cycle for safety by analyzing performance data and offering actionable insights, which can lead to reduced incident frequency and severity, benefiting safety-conscious companies [4] - Both companies emphasize their commitment to enhancing workplace safety and supporting the mid-market workforce, reflecting a shared dedication to the communities they serve [5]
Atrium Mortgage Investment Corporation Announces June 2025 Dividend
Newsfile· 2025-06-05 20:30
Toronto, Ontario--(Newsfile Corp. - June 5, 2025) - Atrium Mortgage Investment Corporation (TSX: AI) is pleased to announce that its board of directors has declared a dividend for the month of June 2025 of $0.0775 per common share, to be paid July 11, 2025 to shareholders of record June 30, 2025. Atrium pays monthly dividends currently at an annual rate of $0.93 per share, plus a special dividend to shareholders of record at year end in the event the dividends declared are less than taxable income for that ...
International Tower Hill Mines Announces Results from 2025 Annual General Meeting of Shareholders
Prnewswire· 2025-06-05 20:30
Group 1 - The Company held its 2025 Annual General Meeting of shareholders on June 4, 2025, in Vancouver, B.C. [1] - Shareholders elected six directors with a majority of votes, including Anton Drescher (98.65%), Karl Hanneman (99.32%), and Stuart Harshaw (99.28%) [1] - The current auditors, Davidson & Company LLP, were re-appointed for the fiscal year ending December 31, 2025 [1] Group 2 - Shareholders approved the executive compensation ("Say on Pay") with a 98.45% majority and voted 99.14% in favor of holding the Say on Pay vote annually [2] - The detailed proxy voting results will be available in the "Report of Voting Results" on the Company's profile on SEDAR+ and its website [3] Group 3 - International Tower Hill Mines Ltd. controls 100% of the Livengood Gold Project located 70 miles north of Fairbanks, Alaska [4]
Trevi Therapeutics Announces Closing of $115 Million Underwritten Offering and Full Exercise by Underwriters of Option to Purchase Additional Shares
Prnewswire· 2025-06-05 20:30
NEW HAVEN, Conn., June 5, 2025 /PRNewswire/ -- Trevi Therapeutics, Inc. (Nasdaq: TRVI), a clinical-stage biopharmaceutical company developing the investigational therapy Haduvio™ (oral nalbuphine ER) for the treatment of chronic cough in patients with idiopathic pulmonary fibrosis (IPF) and in patients with refractory chronic cough (RCC), today announced the closing of its previously announced underwritten public offering of 20,010,000 shares of its common stock at a public offering price of $5.75 per share ...
H World Group Signs Agreement to Debut Intercity Hotel, JI Hotel and Orange Hotel in Laos
Prnewswire· 2025-06-05 20:29
SINGAPORE, June 5, 2025 /PRNewswire/ -- H World Group Limited (NASDAQ: HTHT) and (HK: 01179), a leading global hospitality group, announced its debut into the Laotian market with the signing of 4 hotel management agreements, further advancing its international growth strategy and expanding its footprint in Southeast Asia.The signing ceremony, held in Laotians Capital City Vientiane on May 29, marks H Group's first entry into the country, solidifying its "asset-light and internationalization" strategy. R ...
TotalEnergies: A Buy-And-Hold Candidate With World-Class Discoveries
Seeking Alpha· 2025-06-05 20:28
I analyze oil and gas companies like Total Energies and related companies in my service, Oil & Gas Value Research, where I look for undervalued names in the oil and gas space. I break down everything you need to know about these companies -- the balance sheet, competitive position and development prospects. This article is an example of what I do. But for Oil & Gas Value Research members, they get it first and they get analysis on some companies that is not published on the free site. Interested? Sign up he ...