DTE Energy announces electric reliability progress: Customers experienced a 70% improvement in time spent without power in 2024

Detroit, Jan. 22, 2025 (GLOBE NEWSWIRE) — DTE Energy today reported the progress it made in 2024 in building a smarter, stronger, and more resilient electric grid for its customers. Due to the impact of enhanced work and increased investment in the electric grid, coupled with less extreme weather, DTE customers experienced a nearly 70% improvement in time spent without power between 2023 and 2024.    

“When we invest, it works. Thanks to the combination of $1.5 billion of investment in the electric grid last year, coupled with less extreme weather, our customers experienced a significant improvement in electric reliability in 2024,” said Matt Paul, president and chief operations officer, DTE Electric. “Our work to build the electric grid of the future is showing results, but we have a lot of work ahead, and tremendous investment to be made, to achieve the sustained electric reliability improvements our customers demand and deserve.” 

To make these improvements possible, DTE is focused on executing the company’s four-point plan to build the grid of the future that includes transitioning to a smart grid, updating existing infrastructure, rebuilding significant portions of the grid and trimming and removing trees away from our lines. In 2024 the company made significant progress including: 

 

  • DTE accelerated its transition to smart grid technology with more than 450 new circuit automation devices commissioned in 2024. These devices, combined with a state-of-the-art operations center and additional investments in the field communications system, help to isolate outages and alert DTE’s operations center when wires are down, so that crews can restore power more quickly. In 2024 alone, these smart grid devices helped customers avoid nearly 10,000 outages and 4 million minutes of power interruption and smart grid technologies, like automatic pole top switches, have already helped avoid more than 50,000 customer outages. Every year, these upgrades will continue to help us save money by reducing the frequency of outages and the costs of repairs even more. 

  • The company continued rebuilding significant sections of the grid, including the construction of new, modern substations and entirely upgraded circuits. DTE currently has 12 new substations in various levels of commissioning, including three that began construction late in 2024 

  • DTE upgraded and improved existing infrastructure. In 2024, field crews inspected and made upgrades along more than 850 miles of electric lines (longer than the distance between New York City and Chicago) and replaced nearly 3,400 power poles. 

  • Trees and branches contacting electric equipment account for half the time customers spend without power, and in 2024 DTE trimmed or removed more than 4,300 miles of trees (the distance between Miami and Anchorage) across the many communities the company serves. By the end of this year, DTE will have trimmed or removed trees from over 31,000 miles of overhead infrastructure over the last five years.  

To stay informed about ongoing projects you can explore DTE Energy’s Power Improvements Map or visit empoweringmichigan.com    

 

About DTE Energy
 

DTE Energy (NYSE:DTE) is a Detroit-based diversified energy company involved in the development and management of energy-related businesses and services nationwide. Its operating units include an electric company serving 2.3 million customers in Southeast Michigan and a natural gas company serving 1.3 million customers across Michigan. The DTE portfolio also includes energy businesses focused on custom energy solutions, renewable energy generation, and energy marketing and trading. DTE has continued to accelerate its carbon reduction goals to meet aggressive targets and is committed to serving with its energy through volunteerism, education and employment initiatives, philanthropy, emission reductions and economic progress. Information about DTE is available at dteenergy.com, empoweringmichigan.com, x.com/dte_energy and facebook.com/dteenergy. 

  



Dave Akerly
DTE Energy
313.235.5555

Levi & Korsinsky Reminds Five9, Inc. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of February 3, 2025 – FIVN

NEW YORK, Jan. 22, 2025 (GLOBE NEWSWIRE) — Levi & Korsinsky, LLP notifies investors in Five9, Inc. (“Five9, Inc.” or the “Company”) (NASDAQ: FIVN) of a class action securities lawsuit.

CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Five9, Inc. investors who were adversely affected by alleged securities fraud between June 4, 2024 and August 8, 2024. Follow the link below to get more information and be contacted by a member of our team:

https://zlk.com/pslra-1/five9-inc-lawsuit-submission-form?prid=124073&wire=3

FIVN investors may also contact Joseph E. Levi, Esq. via email at [email protected] or by telephone at (212) 363-7500.

CASE DETAILS: The filed complaint alleges that defendants made false statements and/or concealed that: (i) Five9’s net new business was not “strong irrespective of the macro” and was, in fact, hampered by macroeconomic issues such as constrained and scrutinized customer budgets; (ii) Five9 was in the midst of a challenging bookings quarter due, in part, to sales execution and efficiency issues, and the Company was not “seeing very strong bookings momentum”; and (iii) defendants did not have “enough information in terms of [their] existing customers that are going live” such that the statements that Five9 would see a positive inflection in its dollar-based retention rate lacked a reasonable basis.

WHAT’S NEXT? If you suffered a loss in Five9, Inc. during the relevant time frame, you have until February 3, 2025 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. There is no cost or obligation to participate.

WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services’ Top 50 Report as one of the top securities litigation firms in the United States.

CONTACT:

Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 17th Floor
New York, NY 10004
[email protected]
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com



Your new Galaxy S25 awaits: Verizon offers epic deals for new and current customers

SAN JOSE, Calif., Jan. 22, 2025 (GLOBE NEWSWIRE) —

[TL;DR]

  • Samsung Galaxy S25 series is coming to Verizon with preorders kicking off today
  • Current and new customers can get a new Galaxy S25+ or Galaxy S25 on us, or $1,000 off a Galaxy S25 Ultra with select trade-in on Unlimited Ultimate plan1
  • And choose a Galaxy Watch7 or Galaxy Tab S9 FE 5G, also on us. Service plans required for watch and tablet1

The big news

Samsung’s latest flagship smartphones — the Galaxy S25 Ultra, Galaxy S25+ and the Galaxy S25 — are available to Verizon customers. Packed with advanced AI features including Seamless actions across apps and Now Brief, along with Satellite SOS, these phones are designed to keep up with your lifestyle, whether you are streaming, gaming or running your business.



  • Galaxy S25 Ultra

    starts at $36.11 a month for 36 months on Verizon Device Payment ($1,299.99 retail, 0% APR)


  • Galaxy S25+

    starts at $27.77 a month for 36 months on Verizon Device Payment ($999.99 retail, 0% APR)


  • Galaxy S25

    starts at $22.22 a month for 36 months on Verizon Device Payment ($799.99 retail, 0% APR)

Why Verizon is the best place to get your Galaxy S25

Big savings: Current and new customers can get a new Galaxy S25+ or Galaxy S25 on us, or $1,000 off a Galaxy S25 Ultra. And choose a Galaxy Watch7 or Galaxy Tab S9 FE 5G, also on us. Simply buy a new Galaxy S25 series phone, trade-in your current phone and sign up for Unlimited Ultimate1.

Business offers: New customers or current customers adding a line can get a new Galaxy S25+ or Galaxy S25 on us with select trade-in and a Business Unlimited plan2.

Perks you love: Verizon offers incredible savings on your favorite entertainment and productivity services. Whether it’s Disney+, Netflix or many more, you know we are getting you the best value.

5G done right: Take full advantage of the Galaxy S25 series with Verizon’s award-winning 5G network, delivering fast, reliable connections that power how you live, work and play. Galaxy S25 Ultra supports powerful upload speeds on the Verizon 5G network3, which helps boost your video-calling experience and allows for faster social media posting.

Why the Galaxy S25 series is a game changer

Seamless actions across apps
for multitasking: Simplify your day with an AI-powered personal assistant that handles multiple tasks with a single command – like finding a restaurant in a specific location and texting your friends to join you for dinner4.

Enhanced camera and audio: Capture stunning photos and videos, even in low light, with Night Video and Advanced Portrait features. Audio Erase ensures crystal-clear sound by using AI to provide you controls that reduce background noises.

Personalized insights: Stay ahead with Now Brief, a cool new feature that gives you updates tailored to your schedule and activities, including weather alerts and meeting reminders.

Business savvy:

Empower your business
with the Galaxy S25 series to increase work productivity. One command to your virtual assistant can take care of multiple tasks across apps. Plus, it’s equipped with defense-grade protection Knox Vault, which has your data security covered.

Satellite SOS: Verizon now offers seamless connection to Satellite SOS messaging powered by Skylo on the Galaxy S25 series, in the unlikely event that you need emergency services and are in an area without cellular connectivity5.

How to get your Galaxy S25

The Samsung Galaxy S25 series is available for preorder now at Verizon stores and at Verizon.com. Verizon Business customers can visit Verizon Business online for business-specific pricing and promos. Do not miss your chance to upgrade to the best Samsung AI-powered smartphone and take advantage of Verizon savings and offers.

1
Phone: Up to $1,419.99 purchase w/new or upgrade smartphone line on Unlimited Ultimate plan (min. $90/mo w/Auto Pay (+taxes/fees) for 36 mos) req’d. Less up to $1,000 trade-in/promo credit applied over 36 mos.; promo credit ends if eligibility req’s are no longer met; 0% APR. For upgrades, phone must be active on account for 60 days prior to trade in. Trade-in must be from Samsung, Apple or Google; trade-in terms apply. Watch: $349.99 (40mm only) device payment purchase w/new line on service plan (min. $15/mo w/Auto Pay (+taxes/fees) for 36 mos) req’d. Less $349.99 promo credit applied over 36 mos.; 0% APR. Tablet: $549.99 device payment purchase w/new line on service plan (min. $20/mo w/Auto Pay (+taxes/fees) for 36 mos) req’d. Less $549.99 promo credit applied over 36 mos.; 0% APR. All promo credits for phone/watch/tablet offers end if eligibility req’s are no longer met.

2Taxes & fees apply. New line or device upgrade w/device payment purchase agmt & Business Unlimited Pro plan req’d. Up to $999.99 credit, varying by smartphone trade-in, applied to acct over the term of your agmt (up to 36 mos, 0% APR); promo credit ends when eligibility requirements are no longer met. Select biz customers w/6 or more mos of VZ service: credits begin in 1-2 bills. Other biz customers: credits begin 2-3 bills after trade-in is received by VZ. Smartphone trade-in must be received by VZ w/in 90 days & meet program requirements. Credit(s) will be charged back to acct if trade-in is not received within 90 days, differs from appraisal and/or does not meet program requirements. Most trade-in device conditions accepted; exclusions apply. 10-line trade-in limit per order. Cannot be combined with other device offers. Galaxy S25+ 128GB monthly fee after full trade-in credit: $0. Offer available 1.22 through 3.31.2025.

3Enabled by Verizon n77 UL-MIMO/PC1.5 in select markets

4Galaxy AI features by Samsung are free through 2025 and require Samsung account login.

5Satellite connectivity requires select new model phones with updated software. Must be outside w/line of sight to satellite; might not work in parts of Alaska.

Verizon Communications Inc. (NYSE, Nasdaq: VZ) was formed in 2000 and is one of the world’s leading providers of technology and communications services. Headquartered in New York City and with a presence around the world, Verizon generated revenues of $134.0 billion in 2023. The company offers data, video and voice services and solutions on its award-winning networks and platforms, delivering on customers’ demand for mobility, reliable network connectivity, and security.

Media contact:

George Koroneos
[email protected]
Social: @GLKcreative



Class Action Filed Against Aehr Test Systems, Inc. (AEHR) – February 3, 2025 Deadline to Join – Contact Levi & Korsinsky

NEW YORK, Jan. 22, 2025 (GLOBE NEWSWIRE) — Levi & Korsinsky, LLP notifies investors in Aehr Test Systems, Inc. (“Aehr” or the “Company”) (NASDAQ: AEHR) of a class action securities lawsuit.

CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Aehr investors who were adversely affected by alleged securities fraud between January 9, 2024 and March 24, 2024. Follow the link below to get more information and be contacted by a member of our team:

https://zlk.com/pslra-1/aehr-lawsuit-submission-form?prid=124072&wire=3

AEHR investors may also contact Joseph E. Levi, Esq. via email at [email protected] or by telephone at (212) 363-7500.

CASE DETAILS: The filed complaint alleges that defendants made false statements and/or concealed that: (i) contrary to prior representations to investors, Aehr was continuing to experience substantial delays in customer orders; (ii) the foregoing issue was likely to have a material negative impact on the Company’s revenue growth; (iii) accordingly, the Company’s business and/or financial prospects were overstated; and (iv) as a result, the Company’s public statements were materially false and misleading at all relevant times.

WHAT’S NEXT? If you suffered a loss in Aehr during the relevant time frame, you have until February 3, 2025 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. There is no cost or obligation to participate.

WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services’ Top 50 Report as one of the top securities litigation firms in the United States.

CONTACT:

Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 17th Floor
New York, NY 10004
[email protected] 
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com 



Shareholders that lost money on Symbotic Inc.(SYM) Urged to Join Class Action – Contact Levi & Korsinsky to Learn More

NEW YORK, Jan. 22, 2025 (GLOBE NEWSWIRE) — Levi & Korsinsky, LLP notifies investors in Symbotic Inc. (“Symbotic” or the “Company”) (NASDAQ: SYM) of a class action securities lawsuit.

CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Symbotic investors who were adversely affected by alleged securities fraud between February 8, 2024 and November 26, 2024. Follow the link below to get more information and be contacted by a member of our team:

https://zlk.com/pslra-1/symbotic-lawsuit-submission-form-2?prid=124071&wire=3

SYM investors may also contact Joseph E. Levi, Esq. via email at [email protected] or by telephone at (212) 363-7500.

CASE DETAILS: The filed complaint alleges that defendants made false statements and/or concealed that: (1) Symbotic improperly accelerated revenue recognition in its 2024 financial statements; and (2) as a result, defendants’ statements about the Company’s business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.

WHAT’S NEXT? If you suffered a loss in Symbotic during the relevant time frame, you have until February 3, 2025 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. There is no cost or obligation to participate.

WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services’ Top 50 Report as one of the top securities litigation firms in the United States.

CONTACT:

Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 17th Floor
New York, NY 10004
[email protected]
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com



Levi & Korsinsky Notifies Shareholders of Dentsply Sirona Inc. (XRAY) of a Class Action Lawsuit and an Upcoming Deadline

NEW YORK, Jan. 22, 2025 (GLOBE NEWSWIRE) — Levi & Korsinsky, LLP notifies investors in Dentsply Sirona Inc. (“Dentsply” or the “Company”) (NASDAQ: XRAY) of a class action securities lawsuit.

CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Dentsply investors who were adversely affected by alleged securities fraud between May 6, 2021 and November 6, 2024. Follow the link below to get more information and be contacted by a member of our team:

https://zlk.com/pslra-1/dentsply-lawsuit-submission-form?prid=124070&wire=3

XRAY investors may also contact Joseph E. Levi, Esq. via email at [email protected] or by telephone at (212) 363-7500.

CASE DETAILS: The filed complaint alleges that defendants made false statements and/or concealed that: (1) Dentsply targeted low-income people who did not have access to good oral hygiene education, a dentist, or dental insurance, which often meant patients signing up for Byte, a DTC aligner solution, had underlying dental issues that would have made them ineligible for treatment; (2) the push for Byte growth and sales commissions caused sales employees to sell to contraindicated patients; (3) as a result of the above, the Byte patient onboarding workflow did not provide adequate assurance that contraindicated patients did not enter treatment; (4) before and during the Class Period, reports of Byte patient injuries were pouring in; (5) Dentsply knew that its Byte aligners were causing severe patient injuries for years but did little to investigate those injuries or notify the FDA; (6) Dentsply had no systems in place to notify the FDA of these injuries, which the Company is required to do within 30 days of learning of a problem; (7) the FDA had received a sharp uptick in reports of serious injuries from Byte patients; (8) as a result of the above, Dentsply materially overstated the goodwill value of Byte; (9) as a result of the above, defendants’ positive statements about the Company’s business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.

WHAT’S NEXT? If you suffered a loss in Dentsply during the relevant time frame, you have until January 27, 2025 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. There is no cost or obligation to participate.

WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services’ Top 50 Report as one of the top securities litigation firms in the United States.

CONTACT:

Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 17th Floor
New York, NY 10004
[email protected] 
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com 



Investors who lost money on Applied Therapeutics, Inc.(APLT) should contact Levi & Korsinsky about pending Class Action – APLT

NEW YORK, Jan. 22, 2025 (GLOBE NEWSWIRE) — Levi & Korsinsky, LLP notifies investors in Applied Therapeutics, Inc. (“Applied Therapeutics” or the “Company”) (NASDAQ: APLT) of a class action securities lawsuit.

CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Applied Therapeutics investors who were adversely affected by alleged securities fraud between January 3, 2024 and December 2, 2024. Follow the link below to get more information and be contacted by a member of our team:

https://zlk.com/pslra-1/applied-therapeutics-inc-lawsuit-submission-form?prid=124069&wire=3

APLT investors may also contact Joseph E. Levi, Esq. via email at [email protected] or by telephone at (212) 363-7500.

CASE DETAILS: According to the complaint, on November 27, 2024, Applied Therapeutics issued a press release announcing that it had received a Complete Response Letter (CRL) for the New Drug Application (NDA) for govorestat, the Company’s lead drug candidate. The CRL indicated that the FDA completed its review of the application and determined that it was unable to approve the NDA in its current form citing deficiencies in the clinical application. Following this news, the price of Applied Therapeutics’ common stock declined dramatically. From a closing market price of $10.21 per share on November 26, 2024, Applied Therapeutics’ stock price fell to $8.57 per share on November 27, 2024 before falling further to $2.03 on November 29, 2024 and $1.75 per share on December 2, 2024, a total decline of more than 80%. After market hours on December 2, 2024, Applied Therapeutics disclosed it received a “warning letter” from the FDA referring to the clinical trial issues underlying the CRL. Applied Therapeutics’ disclosure of the “warning letter” prompted a further decline in the stock price as investors discovered the seriousness and severity of the Company’s clinical trial errors. From a closing market price of $1.75 per share on December 2, 2024, Applied Therapeutics’ stock price fell to $1.69 per share on December 3, 2024 before falling further to $1.38 per share on December 4, 2024 and $1.29 per share on December 5, 2024.

WHAT’S NEXT? If you suffered a loss in Applied Therapeutics during the relevant time frame, you have until February 18, 2025 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. There is no cost or obligation to participate.

WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services’ Top 50 Report as one of the top securities litigation firms in the United States.

CONTACT:

Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 17th Floor
New York, NY 10004
[email protected] 
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com 



ASP Isotopes Inc. Sued for Securities Law Violations – Investors Should Contact Levi & Korsinsky Before February 3, 2025 to Discuss Your Rights – ASPI

NEW YORK, Jan. 22, 2025 (GLOBE NEWSWIRE) — Levi & Korsinsky, LLP notifies investors in ASP Isotopes Inc. (“ASP Isotopes Inc.” or the “Company”) (NASDAQ: ASPI) of a class action securities lawsuit.

CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of ASP Isotopes Inc. investors who were adversely affected by alleged securities fraud between October 30, 2024 and November 26, 2024. Follow the link below to get more information and be contacted by a member of our team:

https://zlk.com/pslra-1/asp-isotopes-inc-lawsuit-submission-form?prid=124068&wire=3

ASPI investors may also contact Joseph E. Levi, Esq. via email at [email protected] or by telephone at (212) 363-7500.

CASE DETAILS: The filed complaint alleges that defendants made false statements and/or concealed that: (1) the Company overstated the potential effectiveness of its enrichment technology; (2) the Company overstated the development potential of its high assay low-enriched uranium facility; (3) the Company overstated the Company’s nuclear fuels operating segment results; and (4) as a result of the foregoing, defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

WHAT’S NEXT? If you suffered a loss in ASP Isotopes Inc. during the relevant time frame, you have until February 3, 2025 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. There is no cost or obligation to participate.

WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services’ Top 50 Report as one of the top securities litigation firms in the United States.

CONTACT:

Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 17th Floor
New York, NY 10004
[email protected]
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com



Alexander’s Announces Fourth Quarter Earnings Release Date and Vornado Realty Trust Quarterly Conference Call

PARAMUS, N.J., Jan. 22, 2025 (GLOBE NEWSWIRE) — Alexander’s, Inc. (NYSE: ALX) today announced that it will file its annual report on Form 10-K for the year ended December 31, 2024 with the U.S. Securities and Exchange Commission and issue its fourth quarter and full year earnings release on Monday, February 10, 2025, before the New York Stock Exchange opens.

Vornado Realty Trust (NYSE: VNO), the manager which conducts Alexander’s operations, announced it will host its quarterly earnings conference call and an audio webcast on Tuesday, February 11, 2025 at 10:00 a.m. Eastern Time (ET). On the call, information concerning Alexander’s may be discussed.

The conference call can be accessed by dialing 888-317-6003 (domestic) or 412-317-6061 (international) and entering the passcode 0916117. A live webcast of the conference call will be available on Vornado’s website at www.vno.com in the Investor Relations section and an online playback of the webcast will be available on the website following the conference call.

Alexander’s, Inc. is a real estate investment trust that has five properties in New York City.

CONTACT:

GARY HANSEN
(201) 587-8541

Certain statements contained herein constitute forward-looking statements as such term is defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are not guarantees of performance. They represent our intentions, plans, expectations and beliefs and are subject to numerous assumptions, risks and uncertainties. Our future results, financial condition and business may differ materially from those expressed in these forward-looking statements. Many of the factors that will determine the outcome of these and our other forward-looking statements are beyond our ability to control or predict. Currently, some of the factors are the increase in interest rates and inflation on our business, financial condition, results of operations, cash flows, operating performance and the effect that these factors have had and may continue to have on our tenants, the global, national, regional and local economies and financial markets and the real estate market in general. For further discussion of factors that could materially affect the outcome of our forward-looking statements, see “Item 1A. Risk Factors” in Part I of our Annual Report on Form 10-K for the year ended December 31, 2023. For these statements, we claim the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. All subsequent written and oral forward-looking statements attributable to us or any person acting on our behalf are expressly qualified in their entirety by the cautionary statements contained or referred to in this section.



Brandywine Realty Trust Announces Tax Characteristics of Its 2024 Distributions

PHILADELPHIA, Jan. 22, 2025 (GLOBE NEWSWIRE) — Brandywine Realty Trust (NYSE: BDN) announced today the tax characteristics of its 2024 distributions. The tax reporting will be done on Form 1099-DIV and shareholders are encouraged to consult with their personal tax advisors as to the specific tax treatment of dividends. The characteristics of the Company’s distributions are as follows:


Common Shares of Beneficial Interest (CUSIP 105368203)

2024 Dividend Dates Record 1/4
Payment 1/18
Record 4/4
Payment 4/18
Record 7/3
Payment 7/18
Record 10/9
Payment 10/24
Totals % of Annual Total
Gross Distribution Per Share
(Boxes 1a+2a+3)
$ 0.150000 $ 0.150000 $ 0.150000 $ 0.150000 $ 0.600000 100.0 %
             
Taxable Ordinary Dividend
(Box 1a)
$ 0.057996 $ 0.057996 $ 0.057996 $ 0.057996 $ 0.231984 38.6 %
             
Qualified Dividend Income
(Box 1b)
$ 0 $ 0 $ 0 $ 0 $ 0  
             
Total Capital Gain Distribution
(Box 2a)
$ 0.007275 $ 0.007275 $ 0.007275 $ 0.007275 $ 0.029100 4.9 %
             
Total Unrecaptured Sec. 1250 Gain
(Box 2b)
$ 0.005219 $ 0.005219 $ 0.005219 $ 0.005219 $ 0.020876  
             
Section 897 Ordinary Dividend
(Box 2e)
$ 0 $ 0 $ 0 $ 0 $ 0  
             
Section 897 Capital Gain
(Box 2f)
$ 0.005219 $ 0.005219 $ 0.005219 $ 0.005219 $ 0.020876  
             
Non-dividend Distribution
(Box 3)
$ 0.084729 $ 0.084729 $ 0.084729 $ 0.084729 $ 0.338916 56.5 %
             
Section 199A Dividend
(Box 5)
$ 0.057996 $ 0.057996 $ 0.057996 $ 0.057996 $ 0.231984  
                         

Pursuant to Treas. Reg. § 1.1061-6(c), the Company reports the following for purposes of section 1061 of the Internal Revenue Code:

2024 Dividend Dates Record 1/4
Payment 1/18
Record 4/4
Payment 4/18
Record 7/3
Payment 7/18
Record 10/9
Payment 10/24
Totals
One-Year Distributive Amounts $ 0.007275 $ 0.007275 $ 0.007275 $ 0.007275 $ 0.029100
Three-Year Distributive Amounts $ 0.007275 $ 0.007275 $ 0.007275 $ 0.007275 $ 0.029100
                     

A full tax report is available on our website at www.brandywinerealty.com – Investor Relations – 1099 Reporting.


About Brandywine Realty Trust

Brandywine Realty Trust (NYSE: BDN) is one of the largest, publicly traded, full-service, integrated real estate companies in the United States with a core focus in the Philadelphia and Austin markets. Organized as a real estate investment trust (REIT), we own, develop, lease and manage an urban, town center and transit-oriented portfolio comprising 147 properties and 21.1 million square feet as of September 30, 2024. Our purpose is to shape, connect and inspire the world around us through our expertise, the relationships we foster, the communities in which we live and work, and the history we build together. For more information, please visit www.brandywinerealty.com.

Company / Investor Contact:

Tom Wirth
EVP & CFO
610-832-7434
[email protected]