First | Jotup

First Fed Fortifies Executive Organization

Retrieved on:

Monday, April 8, 2024

Microsoft, HR, McKinsey & Company, Level, General counsel, Knowledge, Grameen Foundation, First, Fintech, Marketing, Riffle, Management

PORT ANGELES, Wash., April 08, 2024 (GLOBE NEWSWIRE) -- First Fed Bank has announced two new executive roles to foster a sharpened focus on digital and strategic initiatives.

Key Points:

PORT ANGELES, Wash., April 08, 2024 (GLOBE NEWSWIRE) -- First Fed Bank has announced two new executive roles to foster a sharpened focus on digital and strategic initiatives.
“David is a skilled technology leader with significant knowledge and expertise in data, digital banking, payments, and innovation.
He brings technological depth and financial solutions expertise to lead First Fed on our digital journey,” stated Matt Deines, CEO of First Fed Bank and First Northwest Bancorp (FNWB).
Riffle has also been General Counsel for First Fed since 2017 and will retain his responsibilities leading the bank’s legal department.

First Western Financial, Inc. to Report First Quarter 2024 Financial Results on Thursday, April 18

Retrieved on:

Friday, April 5, 2024

PIN, Conference, Trust, Webcast, First, News

DENVER, April 05, 2024 (GLOBE NEWSWIRE) -- First Western Financial, Inc. (NASDAQ: MYFW), a financial services holding company headquartered in Denver, Colorado (“First Western”), announced today that it will release financial results for its first quarter ended March 31, 2024 after the markets close on Thursday, April 18, 2024.

Key Points:

DENVER, April 05, 2024 (GLOBE NEWSWIRE) -- First Western Financial, Inc. (NASDAQ: MYFW), a financial services holding company headquartered in Denver, Colorado (“First Western”), announced today that it will release financial results for its first quarter ended March 31, 2024 after the markets close on Thursday, April 18, 2024.
Management will hold a conference call at 10:00 a.m. Mountain Time/12:00 p.m. Eastern Time on Friday, April 19, 2024, to discuss First Western’s financial results.
The conference call will be webcast live on the News & Events page of First Western’s investor relations website.
First Western is a financial services holding company headquartered in Denver, Colorado, with operations in Colorado, Arizona, Wyoming, California, and Montana.

FOR IMMEDIATE RELEASE: The Global FoodBanking Network Welcomes Vanessa Garcia as Chief Financial Officer

Retrieved on:

Monday, April 1, 2024

GFN, Growth, NGO, Hunger, George Washington University, Business administration, Food, First, DEIB, Management

“After a thorough and rigorous search, we are thrilled to welcome Vanessa Garcia to The Global FoodBanking Network,” said CEO Lisa Moon.

Key Points:

“After a thorough and rigorous search, we are thrilled to welcome Vanessa Garcia to The Global FoodBanking Network,” said CEO Lisa Moon.
“Joining The Global FoodBanking Network as Chief Financial Officer is a pivotal moment in my career, blending my personal mission with my professional journey.
Garcia will be taking over the Chief Financial Officer position from Beth Saks, who has been part of The Global FoodBanking Network team for more than 15 years.
The Global FoodBanking Network extends our deepest thanks to Saks for enabling us to do such critical work year after year.

NCLA Asks Ninth Circuit to Overturn SEC’s Illegal Gag Rule on Targets of Settled Enforcement Cases

Retrieved on:

Friday, March 29, 2024

Speech, Organization, Letter, Comment, Administrative Procedure Act, Gag rule (United States), Gag, Cape Gazette, Policy, Textbook, First, Security (finance), Life, Commission, Freedom of the press, Government, Reason Foundation, Novinger, Missouri, NCLA

Representing several SEC enforcement targets silenced by the Gag Rule—and media organizations eager to hear the stories they wish to tell—NCLA urges the Ninth Circuit to halt this egregious trampling of First Amendment rights.

Key Points:

Representing several SEC enforcement targets silenced by the Gag Rule—and media organizations eager to hear the stories they wish to tell—NCLA urges the Ninth Circuit to halt this egregious trampling of First Amendment rights.
SEC enacted the 1972 Gag Rule without notice and comment after falsely framing it as an internal “housekeeping” measure that would not affect third parties.
SEC has never provided a legitimate—much less a compelling reason—for silencing all settling enforcement targets for life.
NCLA has also represented Petitioner Christopher Novinger previously in appealing the gag provisions of his SEC enforcement settlement.

ARKO Corp. Negotiates Enhanced Value for Stockholders in Final Payment for TEG Acquisition

Retrieved on:

Thursday, March 28, 2024

Share repurchase, First, TEG, Acquisition, Security (finance)

As previously disclosed, on March 1, 2023, the Company closed on the acquisition from TEG of 135 convenience stores and gas stations, contracts to supply fuel to 181 dealer locations, and certain other assets.

Key Points:

As previously disclosed, on March 1, 2023, the Company closed on the acquisition from TEG of 135 convenience stores and gas stations, contracts to supply fuel to 181 dealer locations, and certain other assets.
ARKO and TEG also agreed to settle the second $25 million installment payment (which would have been due on March 1, 2025) for approximately $17.2 million in cash.
ARKO repurchased the First Installment Shares as part of its previously announced $100 million share repurchase program.
At the same time, we were able to also satisfy a future $25 million deferred payment for a reduced price of $17.2 million.

Tenax Therapeutics Provides Business and Clinical Development Updates with Full Year 2023 Financial Results

Retrieved on:

Thursday, March 28, 2024

We also made important progress in further expanding levosimendan’s U.S. intellectual property protections, securing the future commercial value of TNX-103.

Key Points:

We also made important progress in further expanding levosimendan’s U.S. intellectual property protections, securing the future commercial value of TNX-103.
In February 2024, Tenax Therapeutics announced that the first patient had enrolled in the Phase 3 LEVEL Study (LEVosimendan to Improve Exercise Limitation in PH-HFpEF Patients) ( NCT05983250 ).
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Tenax Therapeutics reported cash and cash equivalents of $9.8 million as of December 31, 2023.
Tenax Therapeutics reported a net loss for 2023 of $7.7 million, compared to a net loss of $11.0 million in 2022.

NCLA Asks Supreme Court to Resolve Circuit Split over Standing in Social Media Censorship Cases

Retrieved on:

Wednesday, March 27, 2024

Speech, Government, Plaintiff, COVID-19, White, Social media, HHS, First, The central science, Supreme court, Fifth, Constitutional right, Supreme, Sixth, Court, NCLA

NCLA’s petition asks the Court to resolve a circuit split between the Fifth and Sixth Circuits on what plaintiffs must show to satisfy Article III standing in censorship cases against the government.

Key Points:

NCLA’s petition asks the Court to resolve a circuit split between the Fifth and Sixth Circuits on what plaintiffs must show to satisfy Article III standing in censorship cases against the government.
The petition urges the Court to overturn the U.S. Court of Appeals for the Sixth Circuit ruling that NCLA clients Mark Changizi, Michael Senger, and Daniel Kotzin lacked standing to challenge the censorship regime that silenced them.
The Supreme Court should resolve the resulting circuit split on this standing issue in the First Amendment context, at least holding NCLA’s Changizi cert petition until it issues a decision in Murthy.
NCLA released the following statements:
“The Changizi allegations regarding government-induced social media censorship are nearly identical to those made in Murthy v. Missouri.

Trisura Closes the Acquisition of First Founders

Retrieved on:

Tuesday, March 26, 2024

Treasury, TSX, Acquisition, First, Cryptocurrency

TORONTO, March 26, 2024 (GLOBE NEWSWIRE) -- Trisura Group Ltd. (“Trisura” or “Trisura Group”) (TSX: TSU), a leading specialty insurance provider, today announced the closing of the acquisition of First Founders Assurance Company (“FFAC”), a U.S. Treasury listed surety company.

Key Points:

TORONTO, March 26, 2024 (GLOBE NEWSWIRE) -- Trisura Group Ltd. (“Trisura” or “Trisura Group”) (TSX: TSU), a leading specialty insurance provider, today announced the closing of the acquisition of First Founders Assurance Company (“FFAC”), a U.S. Treasury listed surety company.
This acquisition further demonstrates Trisura’s commitment to the U.S. surety market and is an important step in achieving our long-term growth plans.
“The acquisition of First Founders is an exciting step for Trisura and our North American surety capabilities as we further develop our US infrastructure.
As we expand licenses, the Treasury listed entity will allow Trisura to access a broader portion of a larger surety market,” commented David Clare, President & CEO, Trisura.

First Tech Federal Credit Union Bolsters Support of Children’s Miracle Network Hospitals, Launches Java4Kids Program

Retrieved on:

Tuesday, April 9, 2024

View the full release here: https://www.businesswire.com/news/home/20240409126482/en/

Key Points:

View the full release here: https://www.businesswire.com/news/home/20240409126482/en/
Headquartered in Hillsboro, Oregon, First Tech has nearly $17 billion in assets and more than 660,000 members.
The credit union is one of the founders of CU4Kids , which brings together credit unions and business partners from across the country to raise funds for CMN Hospitals.
The credit union operates a coffee shop, Ground Up, that is completely run by local high school students.
"We are deeply humbled by the opportunity to partner with First Tech to support the Ground Up coffee shop and raise donations through Java4Kids at First Tech.

KBR Awarded Engineering Services Contract by First State Hydrogen

Retrieved on:

Tuesday, April 9, 2024

Hydrogen, Electrolysis, Engineering, KBR, First, Natural gas

HOUSTON, April 9, 2024 /PRNewswire/ -- KBR (NYSE: KBR) announced today it has been awarded an engineering services contract by First State Hydrogen, Inc. to support the feasibility and development of its first clean hydrogen production facility in the U.S. mid-Atlantic region.

Key Points:

HOUSTON, April 9, 2024 /PRNewswire/ -- KBR (NYSE: KBR) announced today it has been awarded an engineering services contract by First State Hydrogen, Inc. to support the feasibility and development of its first clean hydrogen production facility in the U.S. mid-Atlantic region.
KBR will provide engineering services to study the feasibility of developing a clean hydrogen production facility through electrolysis powered by renewable energy.
The study is part of First State Hydrogen's vision to provide clean hydrogen for Delaware and the U.S. mid-Atlantic and help the region meet its sustainability goals.
"This is an important step for First State Hydrogen as we start laying the groundwork for a clean hydrogen facility that will drive our mission to responsibly and safely advance the clean hydrogen economy and create a more sustainable future," said Dora Cheatham, VP Sales & Commercialization, First State Hydrogen.