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Month: September 2020

Taronis Fuels Expands Wholesale Gas Operations Across Northern California

Adds Approximately $2 Million in SalesPHOENIX, AZ, Sept. 21, 2020 (GLOBE NEWSWIRE) — Taronis Fuels, Inc., (“Taronis” or “the Company”) (OTCQB: TRNF), a global producer of renewable and socially responsible fuel products, today announced the expansion of its existing wholesale industrial gas operations into the Northern California market. This is the second significant geographic expansion of this business segment in the past two months.The Company acquired a large, regional industrial gas wholesale distributor in May of 2020. This distributor historically operated primarily in the Atlanta, Dallas, Orlando and Tampa metropolitan markets. In late August, the Company expanded this business into the Houston market, adding $1 million in new sales. On October 1st, the Company will launch its newest operations, serving the Sacramento,...

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Conduent and Servicing Solutions Working Together to Transform Loan Servicing

FLORHAM PARK, N.J., Sept. 21, 2020 (GLOBE NEWSWIRE) — Conduent Incorporated (Nasdaq: CNDT) today announced that Servicing Solutions, a leading consumer loan servicing company, has selected Conduent’s Loan Manager loan servicing application services.Under this new contract, Servicing Solutions will be utilizing Conduent’s Loan Manager SaaS offering to support their end-to-end loan servicing solution for consumer finance industry clients. Loan Manager is flexible, scalable and customizable and provides Servicing Solutions with a web-enabled platform to support their operating processes and third-party integration requirements.   Conduent currently hosts more than 13 million loans and leases and manages more than $120 billion in consumer loan assets, helping lending clients enhance customer experience through efficient and improved...

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Novo Sells Part of Blue Spec Project to Calidus Resources for Cash Consideration of A$19.5 Million

VANCOUVER, British Columbia, Sept. 21, 2020 (GLOBE NEWSWIRE) — Novo Resources Corp. (“Novo” or the “Company”) (TSX-V: NVO; OTCQX: NSRPF) is pleased to announce that it has signed a binding terms sheet (the “Terms Sheet”) with ASX-listed Calidus Resources Limited (“Calidus”) to sell a portion of the Company’s Blue Spec project for gross cash consideration of A$19.5 million (approximately C$18.6 million) (the “Cash Consideration”) (the “Transaction”).The Transaction is subject to the satisfaction of certain conditions precedent including Calidus arranging sufficient financing to pay the Cash Consideration, the execution of various deeds of assignment between the Company, Calidus, and relevant third parties along with customary regulatory approvals for transactions of this nature.Calidus will pay an A$200,000 deposit to the Company...

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Volly Announces Series B Growth Equity Round

Boston, Massachusetts, Sept. 21, 2020 (GLOBE NEWSWIRE) — Volly, an industry-leading provider of SaaS-based FinTech and creative marketing services to the financial services industry, announced that it has closed on an $11 million Series B growth equity round led by Camden Partners with participation from existing investor, New Capital Partners (NCP).  Jason Tagler, General Partner and Managing Member of Camden Partners, will be joining the Volly board as part of this investment and stated, “The mortgage industry expertise of the Volly management team, NCP, and Executive Chairman Larry Huff, position the company with a unique combination of seasoned industry experience and a successful track record managing mortgage industry businesses as well as technology providers.  We are particularly excited about the new Volly Portal solution,...

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Harley-Davidson Announces New Chief Financial Officer

Milwaukee, Sept. 21, 2020 (GLOBE NEWSWIRE) — Harley-Davidson, Inc. (“Harley-Davidson”) (NYSE:HOG) announced that Gina Goetter, a top finance executive at Tyson Foods, will join the company as Chief Financial Officer, effective September 30.Goetter has more than twenty years of experience driving strong financial and operational results and leading transformational change. Most recently, she served as Senior Vice President and CFO of Tyson Foods’s prepared foods segment, where she led the reinvention of the segment’s business model to stabilize cash flow and right-size the cost structure. Prior to Tyson Foods, Goetter held various global leadership positions with General Mills, Inc., where she led business model re-engineering and optimized procurement strategies and logistics. Goetter earned a Bachelor of Science in...

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Saratoga Investment Corp. to Report Fiscal Second Quarter 2021 Financial Results and Hold Conference Call

NEW YORK, Sept. 21, 2020 (GLOBE NEWSWIRE) — Saratoga Investment Corp. (NYSE:SAR), a business development company, will report its financial results for the fiscal quarter ended August 31, 2020 on October 7, 2020, after market close. A conference call to discuss the financial results will be held on October 8, 2020. Details for the conference call are provided below.About Saratoga Investment Corp.Saratoga Investment is a specialty finance company that provides customized financing solutions to U.S. middle-market businesses. The Company invests primarily in senior and unitranche leveraged loans and mezzanine debt, and, to a lesser extent, equity to provide financing for change of ownership transactions, strategic acquisitions, recapitalizations and growth initiatives in partnership with business owners, management teams and financial...

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Hudson RPO Celebrates 11 Consecutive Years on HRO Today’s Baker’s Dozen List of Top Global RPO Providers

OLD GREENWICH, Conn., Sept. 21, 2020 (GLOBE NEWSWIRE) — For the 11th consecutive year, Hudson RPO (NASDAQ: HSON) has ranked among HRO Today magazine’s Baker’s Dozen list of top enterprise recruitment process outsourcing (RPO) providers. In addition, Hudson RPO again ranked in the top 5 in Asia Pacific and in the top 10 in EMEA in the regional Baker’s Dozen lists of top RPO providers.The annual RPO Baker’s Dozen reflects the views of senior HR decision makers. The list is based on a survey of industry professionals, including RPO clients, who analyze and rank services offered across the market. The Baker’s Dozen survey is considered a leading global indicator of top recruitment outsourcing providers.“It is an incredible honor to make the Baker’s Dozen list, and to do so for the eleventh consecutive year results from our team’s continued...

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MariMed Granted Approval to Open its Third Adult Use Dispensary in Illinois

NORWOOD, Mass., Sept. 21, 2020 (GLOBE NEWSWIRE) — MariMed Inc. (MRMD:OTCQX) (the “Company” or “MariMed”), a leading multi-state cannabis and hemp operator focused on health and wellness, today announced it received an adult use license from the Illinois Department of Financial and Professional Regulation for its third adult use dispensary in Illinois. The dispensary is in Mount Vernon, IL, and will be operated under the Thrive brand, open for business on September 21, 2020 with a grand opening ceremony on September 25, 2020.Located in a newly remodeled 5,000-square foot building in a major retail area at the crossing of interstate highways US 64 and US 57, Thrive Mt. Vernon will market adult use cannabis and cannabis products in a previously underserved area. The location provides easy access to customers 21 years and older in the...

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Meritage Homes announces strong order trends continuing into September

SCOTTSDALE, Ariz., Sept. 21, 2020 (GLOBE NEWSWIRE) — Meritage Homes Corporation (NYSE: MTH) announced total orders for July and August 2020 increased 73% year-over-year to 2,675 homes, compared to 1,549 for the same two-month period in 2019. Average absorptions for these two months nearly doubled over the prior year to approximately six homes per month per community, net of 13% order cancellations in 2020 and 17% in 2019.“We’re experiencing unprecedented demand for our homes and have already sold more in the first two months of the third quarter this year than we did for the entire third quarter of 2019, with strong demand continuing in September,” said Steven J. Hilton, chairman and chief executive officer of Meritage Homes. “Our entire organization is executing at a high level to deliver these record results, and we expect to...

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Dominion Water Reserves Applaud the Launch of First Ever Water Futures Based on Nasdaq Veles California Water Index

MONTREAL, Sept. 21, 2020 (GLOBE NEWSWIRE) — Dominion Water Reserves Corp. (“DWR‐ CSE”), a holding company with water reserves and operations across Quebec applaud the launching of the first ever Water Futures based on Nasdaq Veles Water Index.Nasdaq Veles California Water Index futures will be an innovative, first‐of‐its‐kind tool to provide agricultural, commercial, and municipal water users with greater transparency, price discovery, and risk transfer – all of which can help to more efficiently align supply and demand of this vital resource.“With nearly two‐thirds of the world’s population expected to face water shortages by 2025, water scarcity presents a growing risk for businesses and communities around the world, and particularly for the $1.1 billion California water market,” said Tim McCourt, CME Group Global Head of Equity...

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