CABOT

Encore Capital Group Announces First Quarter 2024 Financial Results

Retrieved on: 
Wednesday, May 8, 2024

Highly favorable purchasing conditions continue in U.S. market

Key Points: 
  • Highly favorable purchasing conditions continue in U.S. market
    Portfolio purchases of $296 million including record $237 million in the U.S.
    SAN DIEGO, May 08, 2024 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (NASDAQ: ECPG), an international specialty finance company, today reported consolidated financial results for the first quarter ended March 31, 2024.
  • “2024 is off to a strong start for Encore as our first quarter performance aligned well with expectations,” said Ashish Masih, President and Chief Executive Officer.
  • We also remain committed to the critical role we play in the consumer credit ecosystem and to helping consumers restore their financial health,” said Masih.
  • Financial Highlights for the First Quarter of 2024:
    Three Months Ended March 31,

Nvelop Therapeutics Announces Members of Its Scientific Advisory Board

Retrieved on: 
Thursday, May 2, 2024

Nvelop Therapeutics , a biotechnology company engineering programmable, non-viral vehicles for the in vivo delivery of therapeutic cargo, today announced the members of its scientific advisory board, bringing together a world-class group of experts from across the fields of gene therapy, gene editing and drug delivery.

Key Points: 
  • Nvelop Therapeutics , a biotechnology company engineering programmable, non-viral vehicles for the in vivo delivery of therapeutic cargo, today announced the members of its scientific advisory board, bringing together a world-class group of experts from across the fields of gene therapy, gene editing and drug delivery.
  • Keith Joung, M.D., Ph.D. : Dr. Joung is co-founder of Nvelop Therapeutics, and a pioneer in the development of targeted gene and epigenetic editing technologies.
  • He has co-founded multiple additional biotechnology companies, including Beam Therapeutics, Chroma Medicine, Editas Medicine, Pairwise Plants, SeQure Dx and Verve Therapeutics.
  • He is also the founder or co-founder of several biotechnology and therapeutics companies, including Beam Therapeutics, Prime Medicine, Editas Medicine, Pairwise Plants, Exo Therapeutics and Chroma Medicine.

Trust in Paint Brand and Retailer Now Major Indicator of Customer Satisfaction, J.D. Power Finds

Retrieved on: 
Tuesday, April 30, 2024

High customer expectations can never be brushed away, especially when it comes to paint brands and paint retailers.

Key Points: 
  • High customer expectations can never be brushed away, especially when it comes to paint brands and paint retailers.
  • Then, it’s up to the paint brand and paint retailer to deliver on those expectations by establishing trust throughout the shopping and purchase process.
  • Sherwin-Williams Paint Store ranks highest in the paint retailer segment with a score of 720.
  • Paint Satisfaction Study is based on responses from 6,892 customers who purchased and applied interior paint, exterior paint and/or exterior stain in the past 12 months.

Cabot Corporation and Partners Selected for $5M in U.S. Department of Energy Grant to Support Continued Advancement of Global Hydrogen Economy

Retrieved on: 
Thursday, April 18, 2024

Cabot Corporation (NYSE: CBT) announced that the U.S. Department of Energy (DOE), under the Bipartisan Infrastructure Law, selected its application for a $5 million research grant.

Key Points: 
  • Cabot Corporation (NYSE: CBT) announced that the U.S. Department of Energy (DOE), under the Bipartisan Infrastructure Law, selected its application for a $5 million research grant.
  • This grant will be used by Cabot and its partners to support the deployment of fuel cells, which emit only water when creating electricity.
  • The transition to electric in the worldwide mobility landscape is significantly supported by fuel cells, especially in the electrification of long-distance transportation.
  • This technology will support and accelerate the establishment of a domestic catalyst supply chain, by providing a reliable source of high-performance carbon catalyst support.

MOORS AND CABOT ANNOUNCES PROMOTION OF KATHERINE KELLIHER TO SENIOR VICE PRESIDENT & CHIEF COMPLIANCE OFFICER

Retrieved on: 
Wednesday, April 10, 2024

BOSTON, April 10, 2024 /PRNewswire/ -- Moors and Cabot, Inc., a leading Investment Wealth Advisory firm with a rich history spanning over 134 years, is proud to announce the promotion of Katherine Kelliher to Senior Vice President, Chief Compliance Officer as of March 13th 2024.

Key Points: 
  • BOSTON, April 10, 2024 /PRNewswire/ -- Moors and Cabot, Inc., a leading Investment Wealth Advisory firm with a rich history spanning over 134 years, is proud to announce the promotion of Katherine Kelliher to Senior Vice President, Chief Compliance Officer as of March 13th 2024.
  • With Katherine's extensive experience and in-depth understanding of regulatory requirements and best practices, we are confident in her ability to lead our compliance and regulatory oversight.
  • As M&C's Senior Vice President and Chief Compliance Officer, Katherine will work collaboratively with our leadership team to implement policies and procedures that promote accountability and transparency.
  • Katherine has expressed her excitement for her new role, stating, "I am grateful to be able to advance my career at Moors & Cabot.

The City of Cabot and Connect2First Bridge Digital Divide in Arkansas with Help from DZS and Irby

Retrieved on: 
Monday, March 25, 2024

“The City of Cabot is thrilled to be able to leverage the proven expertise of Connect2First, who already had a presence in the city and was currently serving surrounding areas with a highly regarded and reliable service.

Key Points: 
  • “The City of Cabot is thrilled to be able to leverage the proven expertise of Connect2First, who already had a presence in the city and was currently serving surrounding areas with a highly regarded and reliable service.
  • This project uses DZS Velocity V14, V6, and V2 multi-terabit and environmentally hardened Fiber-to-the-Premises (FTTP) optical line terminals (OLTs).
  • DZS and Irby prepare electric cooperatives, municipalities and other broadband innovators for the future of broadband.
  • Their systems, which feature industry-leading capacity, future-ready performance and open architectures, aim to accommodate multi-vendor scenarios and emerging service demands seamlessly.

Cabot Unveils its 2024 Outdoor Trend of the Year: ‘Retreat’

Retrieved on: 
Monday, March 18, 2024

Cabot ®, the premium exterior wood care brand, has announced its 2024 Outdoor Trend of the Year, Retreat, which invites homeowners to embrace the “Joy of Missing Out” (JOMO) by elevating their backyard sanctuary using its featured color, Desert Sand.

Key Points: 
  • Cabot ®, the premium exterior wood care brand, has announced its 2024 Outdoor Trend of the Year, Retreat, which invites homeowners to embrace the “Joy of Missing Out” (JOMO) by elevating their backyard sanctuary using its featured color, Desert Sand.
  • Within the outdoor gathering spaces trend, the Cabot brand has identified three spaces at home to elevate outdoor retreats using Desert Sand.
  • These outdoor spaces are styled with items that have natural tones and textures to create an approachable and welcoming space.
  • Additionally, the beige undertone of Desert Sand makes it feel more sophisticated.”
    For more information about Cabot Brand’s 2024 Outdoor Trend of the Year, visit cabotstain.com/toty.

Cabot Corporation Launches New PROPEL® E8 Engineered Reinforcing Carbon Black for Tire Tread Applications

Retrieved on: 
Monday, March 18, 2024

Cabot Corporation (NYSE: CBT) today announced the global launch of its new PROPEL® E8 engineered reinforcing carbon black designed to provide superior tread durability at low rolling resistance for high-performance tire tread applications.

Key Points: 
  • Cabot Corporation (NYSE: CBT) today announced the global launch of its new PROPEL® E8 engineered reinforcing carbon black designed to provide superior tread durability at low rolling resistance for high-performance tire tread applications.
  • The PROPEL E8 grade complements Cabot’s existing solutions within the PROPEL E series, which are also suitable for use in high-performance tires.
  • The PROPEL E8 solution enables better rolling resistance when compared to ASTM N200 and N100 carbon black grades.
  • For more information about Cabot’s comprehensive suite of products for EV tires and high-performance tire tread applications, visit cabotcorp.com/tire .

Cabot Properties Expands European Presence with Opening of Munich Office

Retrieved on: 
Monday, March 11, 2024

Cabot Properties, a leading investor, developer and operator of logistics properties throughout the United States, Europe and Asia Pacific, today announced that it has expanded its European operations with the opening of an office in Munich, Germany.

Key Points: 
  • Cabot Properties, a leading investor, developer and operator of logistics properties throughout the United States, Europe and Asia Pacific, today announced that it has expanded its European operations with the opening of an office in Munich, Germany.
  • The firm has hired Konstantin Braun as Vice President, Investments to source and execute acquisition and development opportunities in the market.
  • In this role, he will report to Justin Harvey, Managing Director, Investments, who oversees the firm’s operations in the UK and Europe.
  • “Strong buying opportunities are emerging in the European markets following a period of decreased transaction volume,” said Franz Colloredo-Mansfeld, Chairman and CEO of Cabot Properties.

Encore Capital Group Announces Fourth Quarter and Full-Year 2023 Financial Results

Retrieved on: 
Wednesday, February 21, 2024

Global portfolio purchases in 2023 up 34% to $1,074 million with a record $815 million in the U.S.

Key Points: 
  • Global portfolio purchases in 2023 up 34% to $1,074 million with a record $815 million in the U.S.
    SAN DIEGO, Feb. 21, 2024 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (NASDAQ: ECPG), an international specialty finance company, today reported consolidated financial results for the fourth quarter and full year ended December 31, 2023.
  • In addition, all debt buyers now face higher funding costs,” said Ashish Masih, Encore’s President and Chief Executive Officer.
  • In fact, 76% of our portfolio purchasing in 2023 was allocated to the U.S. market compared to 56% five years ago.
  • Financial Highlights for the Full Year of 2023: