Day: December 30, 2020
CHICAGO, Dec. 30, 2020 (GLOBE NEWSWIRE) — Professional Diversity Network, Inc. (NASDAQ: IPDN), (“PDN” or the “Company”), a developer and operator of online and in-person networks that provide access to networking, training, educational and employment opportunities for diverse individuals, today announced its partnership with Phala Network, an innovative technology company that specializes in confidentiality-preserving and privacy-first blockchain application development.Blockchain technology is known for its decentralization and irreversible features that guarantee secured transactions over consensus algorithms; however, the biggest pitfall is its lack of confidentiality. Phala Network uses the technology of Trusted Execution Environment (TEE) to create a Privacy Cloud Platform that could process general-purpose computing with Turing-completeness.PDN...
Recruiter.com Offers Video Resumes to 100,000 Unemployed People
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HOUSTON, Dec. 30, 2020 (GLOBE NEWSWIRE) — Recruiter.com Group, Inc. (OTCQB: RCRT), a leading AI-powered hiring platform with the world’s largest network of recruiters, unveiled a new program to help 100,000 unemployed people get back to work.To learn more about the program, please visit start.recruiter.com/no-resume.“The pandemic has accelerated the use of technology in the hiring process for businesses of all sizes,” said Evan Sohn, Chairman, and CEO of Recruiter.com. “Businesses have turned to platforms like Zoom and Skype to substitute for in-person meetings and live interviews. But changes in hiring practices are still leaving many capable workers behind. It’s now time for new video platforms to be introduced earlier in the hiring process to better address the entire workforce.”“I often...
Onex Credit Acquires Falcon Investment Advisors
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All amounts in U.S. dollars unless otherwise stated TORONTO, Dec. 30, 2020 (GLOBE NEWSWIRE) — Onex Corporation (“Onex”) (TSX: ONEX) today announced that it has acquired Falcon Investment Advisors, LLC (“Falcon”), a leading U.S. private credit manager, to expand its established credit platform and solidify its market position in tradeable, opportunistic and private credit.Falcon provides private credit financing solutions and has US$3.8 billion of assets under management as of September 30, 2020. It employs an opportunistic approach to mezzanine and other direct lending investments for U.S. middle market companies. With this transaction, Onex Credit will have over $16 billion of alternative credit assets under management.Falcon complements Onex Credit with a seasoned investment team, exceptional sourcing capabilities, strong fundraising...
Xeriant Projects Significant Revenue Through Acquisition of European Operations
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SIGNS LOI TO ACQUIRE INTEREST IN STRATEGIC ALLIANCE PARTNERBOCA RATON, Fla., Dec. 30, 2020 (GLOBE NEWSWIRE) — Xeriant, Inc. (OTC PINK: XERI), a new aerospace technology holding company, announced today that it has signed a letter of intent to acquire a significant interest in Xeriant Europe s.r.o. (“XE”), its strategic alliance partner located in Prague, Czech Republic. The share exchange transaction will enable Xeriant to participate in XE’s business opportunities and technologies with the purpose of generating revenue within the next 180 days, along with long-term capital appreciation.“Xeriant’s strategy of blending current income into our portfolio of technologies allows for a more balanced growth plan. Our main focus in this relationship was sourcing breakthrough products in the Czech Republic so that Xeriant can hold financial...
AGF Announces Final Distributions for AGF ETFs for 2020
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TORONTO, Dec. 30, 2020 (GLOBE NEWSWIRE) — AGF Investments Inc. (TSX:AGF.B) today announced the final December 2020 cash distributions and annual 2020 reinvested capital gains distributions for the AGF ETFs listed on the Toronto Stock Exchange or NEO Exchange.Unitholders of record of an AGF ETF on December 31, 2020 will receive (i) the actual 2020 reinvested capital gains distributions payable in respect of that AGF ETF on December 31, 2020; and (ii) the actual December 2020 cash distributions payable in respect of that AGF ETF on January 8, 2021. The actual taxable amounts for 2020, including the tax characteristics, will be reported in early 2021.The annual reinvested capital gains distributions generally represent realized capital gains within the AGF ETFs and will not be paid in cash, but will be reinvested in the form of a notional...
AGF annonce les distributions définitives de 2020 pour les FNB AGF
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TORONTO, 30 déc. 2020 (GLOBE NEWSWIRE) — Placements AGF Inc. (AGF) a annoncé aujourd’hui les montants définitifs des distributions en espèces de décembre 2020 et des distributions annuelles réinvesties de 2020 provenant de gains en capital des FNB AGF inscrits à la Bourse de Toronto ou à la NEO Bourse.Les porteurs de parts des FNB AGF inscrits au 31 décembre 2020, recevront i) les distributions réinvesties de 2020 provenant de gains en capital payables pour chaque FNB AGF pertinent, le 31 décembre 2020; ii) les distributions en espèce de décembre 2020 payables pour chaque FNB AGF pertinent, le 8 janvier 2021. Les montants imposables définitifs pour 2020, y compris les caractéristiques se rapportant à l’impôt, seront déclarés au début de 2021.Les distributions annuelles réinvesties représentent généralement les gains en capital...
LexaGene Starts FDA EUA Study for Point-of-Care COVID-19 Testing
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BEVERLY, Mass., Dec. 30, 2020 (GLOBE NEWSWIRE) — LexaGene Holdings, Inc., (TSX-V: LXG; OTCQB: LXXGF) (the “Company”), a molecular diagnostics company that develops fully automated rapid pathogen detection systems, is pleased to announce that it has started a series of studies required by the FDA for Emergency Use Authorization (EUA) testing for its COVID-19 assay in a point-of-care (POC) environment using its fully automated MiQLab™ system.Dr. Jack Regan, LexaGene’s CEO and Founder states, “I’m excited we have progressed to the point where we have started our FDA study. Our open-access technology is unlike any other on the market today, as it could be configured quickly to detect new variants, such as the recent UK variant1 (aka SARS-CoV-2 VUI 202012/01). Since our system is capable of high multiplexing and is microfluidic in nature,...
Watsco Announces 2020 Annual Sales Have Surpassed $5 Billion
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MIAMI, Dec. 30, 2020 (GLOBE NEWSWIRE) — Watsco, Inc. (NYSE: WSO) reported today that its 2020 annual sales have surpassed $5 billion.In a note to Watsco’s family of more than 5,700 employees and 1,000 supplier partners, Albert H. Nahmad, Watsco’s Chairman and Chief Executive Officer, wrote:“This week Watsco hit an incredible milestone with annual sales passing the $5 billion mark. We started this journey in 1972 building on a $5 million manufacturing business in Hialeah, Florida. Then in 1989, we changed course and acquired our first HVAC distributor. We liked the distribution business, sold the manufacturing business and went to work.We created our own culture of entrepreneurial leadership, respecting those who sell us their businesses, issuing meaningful equity to great leaders, contributing our shares to employees’ 401(k) accounts...
Light Media Ends 2020 On High Note
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Atlanta, GA and New York, NY-, Dec. 30, 2020 (GLOBE NEWSWIRE) — Closes Media Acquisition Realigns 105.5 FM/AM 1430 Makes Progress on LGMH Token Sets Stage for More News in 2021 – Steady Trek Upward via NewMediaWire — Light Media (OTC MARKETS: LGMH), Global Media Specialist, announced today that it has closed its acquisition of 50% ownership interest in an entity aligning with a leading sales organization serving the Atlanta market. This acquisition is positioned to be accretive as a driver for growth. Additionally, the Company also announced that it has realigned its flagship 105.5 FM/AM 1430 multimedia platform, as Atlanta’s #1 station, playing an eclectic mix of classic hits (hip-hop and rnb). To listen live, please visit: https://www.105TheKing.com“Light Media is closing 2020 on an extremely high note, with our...
National Holdings Corporation Reports Financial Results for the 2020 Fiscal Fourth Quarter and 2020 Fiscal Year
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NEW YORK, Dec. 30, 2020 (GLOBE NEWSWIRE) — National Holdings Corporation (NASDAQ: NHLD) (“National” or the “Company”), a leading full service brokerage firm including employee-managed and independent branches, investment banking, trading, asset management and tax preparation, today announced its financial results for the 2020 fiscal year.Financial Highlights:Revenue of $62.4 million in Q4 2020, up $5.0 million, or 9%, from $57.4 million recognized in Q4 2019.Net loss attributable to common shareholders of $1.9 million in Q4 2020, versus net income attributable to common shareholders of $0.8 million in Q4 2019.Record revenue of $229.9 million in fiscal 2020, up $17.0 million, from $212.9 million recognized in fiscal 2019.Net loss attributable to common shareholders of $5.9 million in fiscal 2020 compared to a net loss attributable...