News by subject: Business Update

Midea Group, the world's largest home appliance supplier, has reported impressive growth and record profits in its 2023 annual report. The company achieved a total revenue of RMB 373.7 billion, representing a year-on-year increase of 8.10%....

Rio Tinto has published its 2023 Taxes and Royalties Paid Report, which details $8.5 billion of taxes and royalties paid globally during the year. This compares to $10.8 billion in 2022, which included around $1.5 billion of Australian corporate...

JBG SMITH today issued a statement on the Potomac Yard Entertainment District. Statement from Matt Kelly, CEO, JBG SMITH to stakeholders: Dear JBG SMITH Stakeholders: In December, we announced plans to develop an entertainment district in...

Ellington Financial Inc. (the "Company") today announced its estimated book value per share of common stock of $13.66 as of February 29, 2024. This estimate includes the effect of the previously announced monthly dividend of $0.15 per share of...

Destra Capital Advisors LLC ("Destra Capital"), a boutique asset management firm, today announced that it will acquire the investment management contracts for the Altegris/AACA Opportunistic Real Estate Fund, Altegris Futures Evolution Strategy Fund,...

The Chemours Company ("Chemours" or "the Company") , a global chemistry company with leading market positions in Titanium Technologies ("TT"), Thermal & Specialized Solutions ("TSS"), and Advanced Performance Materials ("APM"), today announced that,...

The Chemours Company ("Chemours" or "the Company") , a global chemistry company with leading market positions in Titanium Technologies ("TT"), Thermal & Specialized Solutions ("TSS"), and Advanced Performance Materials ("APM"), today announced its...

Compass Minerals , a leading global provider of essential minerals, today announced that it had completed an amendment to its existing credit agreement. The amendment provides financial covenant relief in the near term and greater flexibility over...

Sumitomo Chemical Co., Ltd. and Valent BioSciences LLC announced today that Pace International LLC (Pace) and its operations overseas will become part of AgroFresh Solutions, Inc., a well-established leader in the postharvest solutions space. The...

Project Cypress, a partnership led by Battelle with leading clean technology developers Climeworks and Heirloom, has been awarded a contract from the U.S. Department of Energy (DOE)'s Office of Clean Energy Demonstrations (OCED) to establish one of...

Sodexo, Inc., one of the world's largest employers, announced the grand opening today of its new North American headquarters. Sodexo is relocating its regional headquarters from Gaithersburg, MD after 26 years to North Bethesda's award-winning,...

Leading global tech company SHARGE, is excited to announce the launch of its official website in Germany. This expansion marks a significant milestone for the brand as it continues to grow its global footprint and offer its cutting-edge products to a...

Tufts Medicine, a leading Massachusetts integrated, academic health system, and Acadia Healthcare Company, the largest standalone provider of behavioral health services in the U.S., today held a ceremony to celebrate the start of construction on its...

Financial performance of the average U.S. auto dealership is declining and certain store values are under pressure as normalization from the industry's pandemic-era highs continues, according to the findings of The Presidio Group's latest quarterly...

ESKER:   Value in Thousands of Euros 2023 2022 Growth Sales revenue 178,555 158,987 +12% Gross margin(1) 129,334 114,193 +13% Income from operations 17,919...

LatAm Logistic Properties, S.A. ("LLP"), a leading developer, owner and manager of institutional quality, Class A industrial and logistics real estate in Central and South America, and two, a Cayman Islands exempted company ("TWOA"), today announced...

Cleveland-Cliffs Inc. today announced that it is increasing current spot market base prices by $60 per net ton for all carbon hot rolled, cold rolled and coated steel products, effective immediately with all new orders. Cliffs' minimum base price...

Hitachi Vantara Federal, the trusted leader in mission-centric data solutions for the Federal government, has announced its new membership into the International Biometrics + Identity Association (IBIA) in the technology and solutions providers...

Creative Medical Technology Holdings, Inc., ("Creative Medical Technology" or the "Company") , a biotechnology company focused on a regenerative approach to immunotherapy, endocrinology, urology, gynecology, and orthopedics, today provided a...

Aramark , a global leader in food and facilities management, announced today the successful completion of a favorable repricing of the Company's 2028 Term Loan B of $730 million and 2030 Term Loan B of $1.1 billion. The new applicable rate for both...

Avion Hospitality, a leading, third-party, national hotel operator, today announced that the company was awarded management of the iconic 314-room Windsor Court Hotel in New Orleans, La. Renowned for its timeless elegance and unparalleled service,...

Holley Performance Brands , a leader in automotive aftermarket performance solutions, today announced it paid down an additional $15 million in principal against its first lien term loan facility. This debt reduction against Holley's first lien term...

Stratasys Ltd., a leader in polymer 3D printing solutions, is excited to announce the launch of a new Industrial Customer Advisory Board (CAB). The CAB will provide the customer with added voice and insight as Stratasys continues to drive innovation...

CIFC Asset Management LLC ("CIFC"), an alternative credit specialist serving institutional investors globally with more than $42 billion in assets under management, today announced the third donation made on behalf of the CLO Initiative for Change,...

Cboe Canada Inc. ("Cboe Canada") is excited to welcome polymetallic mining company Denarius Metals Corp. ("Denarius Metals" or the "Company") as they uplist to Cboe Canada, a Tier 1 stock exchange. Denarius Metals begins trading today under the...

Today, Pragmatic Semiconductor was honoured to welcome HRH The Princess Royal to officially open the UK's first 300mm semiconductor wafer fabrication line (fab) at Pragmatic Park in Durham. The advanced manufacturing facility produces chips based on...

Kimco Realty® today announced the disposition of ten former RPT Realty (RPT) properties for an aggregate price of $248 million. These centers did not fully align with the company's long-term investment goals. Pricing for the ten properties equated...

NYSE today reported short interest as of the close of business on the settlement date of March 15, 2024. SETTLEMENT DATE EXCHANGE TOTAL CURRENT SHORT INTEREST TOTAL PREVIOUS SHORT INTEREST (Revised) NUMBER of SECURITIES...

PhotoPharmics, a pioneer in specialized phototherapy for neurodegenerative diseases, alongside the Center for Health + Technology (CHeT) at the University of Rochester Medical Center (URMC), today announced the initiation of a groundbreaking pivotal...

The ONE Group Hospitality, Inc. ("The ONE Group" or the "Company") , today announced it will acquire Safflower Holdings Corp., the owner of Benihana Inc. ("Benihana"), a leading operator of highly differentiated experiential brands that owns the only...

Novo Integrated Sciences, Inc. (the "Company" or "Novo"), today provides an update with respect to certain actions and events, as follows: Purchase and Sale Agreement ? Ophir Collection: As previously disclosed, on November 21, 2023 Novo entered...

AESC (the "Company"), a world-leading battery technology company, today announced the expansion of its lithium-ion electric vehicle battery manufacturing operations in Florence County. The Company's $1.5 billion investment will create 1,080 new jobs....

United States Steel Corporation has received authorization for its multi-million-dollar Consent Decree from the United States Environmental Protection Agency (U.S. EPA) and the United States Department of Justice (DOJ). The January 2024 Consent...

Innovaccer Inc., the data platform company, announced the launch of its AI Advisory Board, comprised of technology and healthcare industry experts including Rohini Kosoglu, Dheeraj Pandey, Mike Abbott, and Alex Gorelik. This addition to its Strategic...

Consilio, the global leader in legal technology solutions and enterprise legal services, today released its fifth annual Diversity, Equity & Inclusion Report, covering 2023. The report outlines progress made on key initiatives, including increasing...

Morningstar, Inc. , a leading provider of independent investment insights, today published its annual Target-Date Strategy Landscape Report, which found that in 2023 investors poured $156 billion of net inflows into target-date strategies, of which...

Today, Cambium Learning Group, the education essentials company, announced that it has been named to the GSV EdTech 150 list for the fourth consecutive year. The GSV 150 is GSV's annual list of the most transformational growth companies in digital...

Vivani Medical, Inc. ("Vivani" or the "Company"), a biopharmaceutical company developing miniaturized, long-term drug implants including its lead asset NPM-115 for chronic weight management in obese or overweight patients with one or more risk...

TruBridge, Inc. (the "Company"), a healthcare solutions company, announced today that its Board of Directors (the "Board") voted unanimously to adopt a limited duration stockholder rights plan (the "Rights Plan") to protect stockholders' interests...

The Ford+ growth plan is providing customers with the mix of gas, hybrid and electric personal and commercial vehicles and services they want, while improving growth, margins and capital efficiency and reducing cyclicality ? prompting the company to...

Tectonic Therapeutic, Inc. ("Tectonic"), a privately-held biotechnology company developing GPCR (G-protein coupled receptor)-targeted therapeutic proteins, co-founded by Timothy A. Springer and Andrew C. Kruse of Harvard Medical School, today...

Pebblebrook Hotel Trust (the "Company") today provided an update on recent operating trends. Please visit https://investor.pebblebrookhotels.com/investor-presentations-1 to view the updated presentation the Company issued on its website with...

Alibaba Group Holding Limited and 89988 (RMB Counter), "Alibaba" or "Alibaba Group") announced that its logistics subsidiary Cainiao Smart Logistics Network Limited ("Cainiao") has withdrawn its initial public offering and listing application on the...

New Found Gold Corp. ("New Found" or the "Company") is pleased to announce the results from 38 diamond drill holes that were completed as part of a program designed to expand on a new discovery called ?Iceberg Alley' that is located 1km along strike...

First held in 2018, the Funders Forum and Brokers Expo exists to bring attention to small business funding policies. For many years, Everest Business Funding has played an integral part in this conference ? this year, it was a Diamond Sponsor, having...

Osivax, a biopharmaceutical company developing vaccines to provide broad-spectrum protection against highly mutating viruses, today announced that all participants have completed their final visit in the Phase 2a clinical trial (NCT05734040)...

Woodside has completed the sale of a 10% non-operating participating interest in the Scarborough Joint Venture to LJ Scarborough Pty Ltd (LNG Japan).1 The completion follows Woodside's announcement on 8 August 2023 that it had established a...

Matador Resources Company ("Matador") announced today that it has priced an underwritten public offering of 5,250,000 shares of its common stock. The total estimated gross proceeds of the offering, before estimated offering fees and expenses, are...

Nissan Motor Co., Ltd., today launched The Arc, its new business plan to drive value and strengthen competitiveness. The plan is focused on a broad-based product offensive, increased electrification, new approaches to engineering and manufacturing,...

STLLR Gold Inc. ("STLLR" or the "Company") announces that it has changed its auditor from BDO Canada LLP, Chartered Professional Accountants (the "Former Auditor") to MNP LLP (the "Successor Auditor"). At the request of the Company, the Former...