Business Wire

ORLANDO, Fla.--(BUSINESS WIRE)-- Fonon Corporation, a multi-market holding company, R&D center, equipment designer and manufacturer of advanced laser material processing systems for subtractive and additive manufacturing, highlights applications for its laser cutting technologies in mining equipment fabrication.

Fonon’s precision metal cutting solution, the Titan FX Laser Cutting System, is a game changer for the mining equipment market. Mining companies use... (continue reading...)

NEW YORK--(BUSINESS WIRE)-- American Express Company (NYSE: AXP) today announced its participation in upcoming investor conferences.

On Thursday, May 30, 2024, Chairman and CEO Stephen J. Squeri will participate in a fireside chat at Bernstein’s 40th Annual Strategic Decisions Conference. Mr. Squeri will address questions relating to the company’s business strategy and financial performance beginning at 2:30 p.m. (ET).

On Wednesday, June 12, 2024, Chief... (continue reading...)

Successfully Completed UACC Securitization Transaction in April 2024 Continued Progress on UACC Origination Performance

NEW YORK--(BUSINESS WIRE)-- Vroom, Inc. (Nasdaq: VRM) today announced financial results for the first quarter ended March 31, 2024.

HIGHLIGHTS OF FIRST QUARTER 2024

• $91.0 million cash and cash equivalents as of March 31, 2024
• $(44.7) million net loss from continuing operations
• $(32.2) million Adjusted EBITDA
• Substantially completed... (continue reading...)

FY 2023 Revenue of $71.5 Million, Up 43% Year-over-Year

FY 2023 Operating Income of $18.1 Million

Significant Momentum in Retail Account Growth and Continued Execution of Growth Strategy

NEW YORK--(BUSINESS WIRE)-- Siebert Financial Corp. (NASDAQ: SIEB) (“Siebert”), a diversified provider of financial services, today reported financial results for the fourth quarter and full year ended December 31, 2023.

Full Year 2023 Financial Highlights

• Revenue of... (continue reading...)

CHRISTIANSTED, U.S. Virgin Islands--(BUSINESS WIRE)-- Altisource Asset Management Corporation (“AAMC” or the “Company”) (NYSE American: AAMC) posts the attached progress report for May 2024 concerning Project Alpha, Phase II, presented by Seabird Technologies Limited in connection with that certain Non-Exclusive Patent and Technology Licensing Agreement between the Company and System73 Limited, entered into on October 6, 2023. Elements of the Commercial and... (continue reading...)