Valkyrie Fund Celebrates Portfolio Successes and Launches Podcast Series

May 10, 2024 6:00 PM

MOUNTAIN VIEW, CA / ACCESSWIRE / May 10, 2024 / Valkyrie Fund, a leading venture capital firm dedicated to fostering innovation and driving positive changes, is thrilled to announce significant milestones achieved by two of its portfolio companies, Chemix, Inc. and Feon Energy, Inc.Valkyrie Fund From Seed to Summit: Propel, Pivot and Prosper with Valkyrie Chemix, Inc. ("Chemix"), an GenAI-powered EV battery developer based in Sunnyvale,...

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Ares Dynamic Credit Allocation Fund Declares A Monthly Distribution of $0.1175 Per Share

May 10, 2024 4:31 PM

NEW YORK, NY / ACCESSWIRE / May 10, 2024 / Ares Dynamic Credit Allocation Fund, Inc. (the "Fund") (NYSE:ARDC) announced today the declaration of its distribution for the month of May 2024 of $0.1175 per common share, payable as noted below.The following dates apply to the declared distribution:Ex-Date: May 20, 2024Record Date: May 21, 2024Payable Date: May 31, 2024Per Share Amount: $0.1175Based on the Fund's current share price of $14.52 (as of...

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Jaime Bejar, Founder/CEO of Automate My Cash Flow, Unveils 11 Ecommerce Cash Flow Management Tips to Empower Entrepreneurs

May 10, 2024 3:00 PM

LOS ANGELES, CA / ACCESSWIRE / May 10, 2024 / Jaime Bejar, Founder/CEO of Automate My Cash Flow, unveils 11 Ecommerce Cash Flow Management Tips to empower entrepreneurs in navigating the complexities of online commerce. With an emphasis on optimizing cash flow, these tips offer actionable strategies for sustainable growth in the ecommerce industry. Jaime Bejar, the visionary mind behind Automate My Cashflow (AMCF) recognized the demand for...

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Commencement Bancorp, Inc. (CBWA) Announces 2024 First Quarter Earnings

May 10, 2024 1:40 PM

2024 First Quarter Financial Highlights:Total loans ended the quarter at $446.8 million, a $11.7 million increase year-over-year.Interest income increased 13% year-over-year to $6.9 million.Non-interest income recognized an 8% increase compared to one year earlier.Eliminated all borrowed funds and brokered certificates of deposit from first quarter 2023 to first quarter 2024.Nonperforming assets to total assets decreased to 0.09% from 0.45%...

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Providence Park to Unveil KeyBank Community Plaza in New Multiyear Partnership

May 10, 2024 12:15 PM

KeyBank Community Plaza set to highlight nonprofits and small businesses on match daysPORTLAND, OR / ACCESSWIRE / May 10, 2024 / KeyBank has entered a new multiyear partnership with the Portland Timbers and Portland Thorns FC, it was announced today. The partnership includes naming rights to the northeast entrance of Providence Park, which will be unveiled as the ‘KeyBank Community Plaza' on May 9. "We are very excited to have KeyBank return as...

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Rescue Mission

May 10, 2024 11:15 AM

Discover the innovative ways two nonprofits are addressing hunger relief and reducing food waste.By Kim BorgesIn recognition of Earth Day, Regions is sharing a series of articles that highlight how teams and associates across the bank are contributing to our commitment to operate in environmentally sound ways that make life better for all.NORTHAMPTON, MA / ACCESSWIRE / May 10, 2024 / The numbers are staggering.Feeding America estimates more than...

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Unveiling Your Authenticity: Being Seen, Valued and Heard at Northwestern Mutual

May 10, 2024 9:20 AM

MILWAUKEE, WI / ACCESSWIRE / May 10, 2024 / Northwestern Mutual:Originally Published by Northwestern Mutual on May, 2, 2024Feeling like you're valued for who you are and what you contribute is important at work. But it doesn't always come easily. There isn't a magical point in time where a lightbulb goes off and you feel heard and accepted. It's a constant journey.We recently heard from several employees at Northwestern Mutual's internal WISE...

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Angola's Road Network Set for Transformation as Africa Finance Corporation Leads Commercial Funding for €381 Million Project

May 10, 2024 8:45 AM

Africa Finance Corporation (AFC) ( www.AfricaFC.org ), the continent's leading infrastructure solutions provider, is leading commercial funding for a €381.5 million package to finance engineering, procurement and construction of 186 bridges and crucially needed enhancements to Angola's road network.AFC, acting as mandated lead arranger for the commercial tranche, has committed to invest €85 million, combining with export credit agency financing...

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Ares Capital Corporation to Host Investor Day on May 21, 2024

May 10, 2024 6:30 AM

Ares Capital Corporation (NASDAQ:ARCC) will host an Investor Day on Tuesday, May 21, 2024 via a live video stream. During the event, members of the Company's senior leadership team will provide an update on the firm's business and outlook. The presentation will begin at 1:15 p.m. Eastern Time.To register for the event and to access the Investor Day presentation and live video stream, please visit the Investor Resources section of the Company's...

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Ares Management Corporation to Host Investor Day on May 21, 2024

May 10, 2024 6:30 AM

Ares Management Corporation (NYSE:ARES) will host an Investor Day on Tuesday, May 21, 2024 via a live video stream. During the event, members of Ares' senior leadership team will provide an update on the firm's businesses, growth strategy and outlook. The presentation will begin at 8:00 a.m. Eastern Time.To register for the event and to access the Investor Day presentation and live video stream, please visit the Investor Resources section of the...

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Mkango Resources Limited Announces Management Restructures Compensation

May 10, 2024 2:00 AM

LONDON, UK and VANCOUVER, BC / ACCESSWIRE / May 10, 2023 / Mkango Resources Ltd (AIM:MKA)(TSXV:MKA) ("Mkango" or the "Company") announces that, as part of its cost cutting initiatives and complementary to its recent £750,000 private placement closing, announced on 11th April, executive management salaries have been reduced by between 25% to 50% each from April 2024 through to September 2024. This conserves additional working capital to advance...

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abrdn Global Infrastructure Income Fund (ASGI) Announces Additional 33% Increase in Distribution Rate Which Represents a 68% Increase Since December 2023

May 9, 2024 5:55 PM

abrdn Global Infrastructure Income Fund (NYSE:ASGI), (the "Fund"), a closed-end management investment company with Net Assets of $523.3 million and market capitalization of $452.7m (as of May 8, 2024), announced today its Board of Trustees ("Board") has approved an increase in the Fund's annualized distribution rate on NAV from 9% to 12%. As of May 8, 2024, this increase would equate to a distribution rate on share price of 13.4%.Notably, ASGI...

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E Mortgage Capital Crosses $800 Million in Q1 Funding Toward $4 Billion Goal in Early 2024

May 9, 2024 4:50 PM

E Mortgage Capital has embarked on 2024 with a strong start, successfully financing over $800 million in the first quarter alone. This significant achievement underscores the company's drive towards its goal of securing $4 billion in funding for the year. This progress is supported by a strategic decentralized structure, robust industry connections, and innovative, out-of-the-box marketing strategies that enable tailored services for local...

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abrdn Asia-Pacific Income Fund VCC Announces Monthly Distribution

May 9, 2024 4:17 PM

abrdn Asia-Pacific Income Investment Fund VCC (TSX:FAP)(UEN:T21VC0235H) (the "Company"), a closed-end investment company trading on the Toronto Stock Exchange, announced today that it will pay a monthly distribution of CAD 1.75 cents per share on May 31, 2024 to all shareholders of record as of May 23, 2024 (ex-dividend date May 22, 2024).The policy of the Company's Board of Directors is to maintain a stable monthly distribution. For the 12...

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SoyFoam Offers Safer Choice for Firefighters

May 9, 2024 4:05 PM

NORTHAMPTON, MA / ACCESSWIRE / May 9, 2024 / U.S. SoySoybeans grown in fields surrounding communities across the U.S. will soon be used to fight fires while protecting the environment from harsh chemicals. SoyFoam TF 1122™, made with U.S. soy flour, is used by firefighters to extinguish ordinary combustible and flammable liquid fires.Developed by Cross Plains Solutions (CPS), SoyFoam TF 1122™ is a breakthrough smothering agent designed to...

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Carter Bank Brings Relationship Banking to Raleigh Area

May 9, 2024 1:35 PM

The new financial center at 2501 Blue Ridge Road includes full-service retail and commercial bankingMARTINSVILLE, VA / ACCESSWIRE / May 9, 2024 / As Carter Bank (NASDAQ:CARE) opens its first retail branch in Raleigh, a seasoned commercial banking team is already in place, actively serving area businesses under the leadership of long-time eastern North Carolina banking veteran, Todd Baker.Carter Bank caters to small to mid-size businesses,...

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Africa Finance Corporation (AFC) and Cassa Depositi e Prestiti S.p.A (CDP) Agree New Alliance to Strengthen African-Italian Investment Collaboration

May 9, 2024 12:00 PM

Africa Finance Corporation (AFC) ( www.AfricAFC.org ), Africa's leading infrastructure solutions provider, in partnership with Italy's national development finance institution Cassa Depositi e Prestiti S.p.A (CDP) yesterday announced a landmark Memorandum of Understanding (MoU) that sets out to elevate Italian-African business collaboration, contributing to sustainable growth and prosperity on a global scale.AFC and CDP signed their commitment...

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United Bancorp, Inc. Reports 2024 First Quarter Earnings Performance

May 9, 2024 11:30 AM

United Bancorp, Inc. (NASDAQ:UBCP) reported diluted earnings per share of $0.35 and net income of $1,993,000 for the three months ended March 31, 2024. This compares to diluted earnings per share of $0.33 and net income of $1,888,000 reported in the first quarter of the previous year.Randall M. Greenwood, Senior Vice President, CFO and Treasurer remarked, "We are pleased to report on the earnings performance of United Bancorp, Inc. (UBCP) for...

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Vermont Slauson Economic Development Corporation Acquires Local Shopping Center With $22.2 Million Loan From Lendistry

May 9, 2024 11:00 AM

Los Angeles-Based Nationwide Fintech Lender Supports VSEDC's Community-Driven South LA Commercial Real Estate PurchaseLOS ANGELES, CA / ACCESSWIRE / May 9, 2024 / Lendistry and the Vermont Slauson Economic Development Corporation (VSEDC) announce that VSEDC will become the sole owner of the Vermont-Slauson Shopping Center in South LA after securing a $22.2 million commercial real estate loan from Lendistry. Quentin Strode, President & CEO of...

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U.S. Bank Foundation Distributes $15 Million in Opportunity Fund Grants

May 9, 2024 9:30 AM

Fund supports nonprofits like Lead for America, which aims to boost digital connectivity in rural and disconnected areasNORTHAMPTON, MA / ACCESSWIRE / May 9, 2024 / U.S. Bank Opportunity Fund grant recipient Lead for America works to help rural communities bridge the digital divide through its American Connection Corps (pictured here at its orientation in Wichita, Kansas).Originally published on U.S. Bank company blogThe U.S. Bank Foundation...

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