Month: June 2021
GREENWICH, Conn., June 28, 2021 (GLOBE NEWSWIRE) — XPO Logistics, Inc. (NYSE: XPO), a leading global provider of supply chain solutions, is continuing to expand its commitment to diversity, equity and inclusion by sponsoring causes important to its LGBTQ+ employees and allies in North America and Europe.
XPO sponsors LGBTQ+ events that reflect the geographic diversity of its operations, as well as the individualism of its team members. The company, which sponsors the New York City Pride March each year, has extended its support to the Mid-South Pride Fest in Memphis, the Tri-State LGBTQ+ Unity Summit in the Northeast, the Lesbians Who Tech Virtual Summit, the Birmingham Pride Festival in the UK and other events from Michigan to Oregon to Georgia.
Karlis Kirsis, European chief legal officer for XPO Logistics, said, “Human potential...
Electric Vehicle Thermal Management System Market to grow at a CAGR of 10.45% through 2027 – Report by Market Research Future (MRFR)
Written by Customer Service on . Posted in Mergers And Acquisitions.
New York, June 28, 2021 (GLOBE NEWSWIRE) — Electric Vehicle Thermal Management System Market Overview: According to a comprehensive research report by Market Research Future (MRFR), “Electric Vehicle Thermal Management System Market – by System, Component Type, Technology, Application, Vehicle Type and Region – Forecast till 2027” the market is estimated to witness 10.45% CAGR during the forecast period (2020 – 2027).
Market Scope
The growth is attributed to prevent the large number of callbacks of EVs owing to customer complaints. Efforts to stave off overheating of batteries and creation of fire incidence can bode well for the market. Improvements of charging infrastructure in South Korea, Japan, Germany, China, and the U.S. coupled with increased production of EVs can favor market growth.
Development...
HEXO Corp formalizes its US presence with acquisition of production facility in Colorado
Written by Customer Service on . Posted in Mergers And Acquisitions.
OTTAWA, June 28, 2021 (GLOBE NEWSWIRE) — HEXO Corp (“HEXO” or the “Company”) (TSX: HEXO; NYSE: HEXO) announces closing of the previously disclosed transaction to purchase its first US production facility through a wholly owned US subsidiary. The ~50,000 sq. ft. facility in Fort Collins, Colorado will provide US CPG companies and consumers access to the Powered by HEXO® technology and products.
“The Colorado facility will allow us to successfully execute on our US strategy, which includes supplying high quality Powered by HEXO® technology and leveraging our intellectual property portfolio across the United States,” said HEXO Corp CEO and co-founder Sebastien St-Louis. “The facility will also provide us with the necessary infrastructure to continue expanding our joint-venture with Molson Coors to create Truss CBD-infused beverages,...
Ocwen Financial Announces Inclusion in the Russell 2000® Index
Written by Customer Service on . Posted in Public Companies.
WEST PALM BEACH, Fla., June 28, 2021 (GLOBE NEWSWIRE) — Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”), a leading non-bank mortgage servicer and originator, today announced that it is set to join the Russell 2000® and Russell 3000® Indexes at the conclusion of the 2021 Russell indexes annual reconstitution, effective at the opening of the US equity markets on Monday, June 28, 2021.
“We are pleased to be part of the Russell 2000® and Russell 3000® Indexes and believe this important milestone reflects the hard work of our global team to drive shareholder value, strong operating performance, improved profitability and growth that is exceeding our expectations,” said Glen A. Messina, President and CEO of Ocwen. “Over the past several months, we have taken action to strengthen our capital structure, diversify and...
So-Young International Inc. to Acquire Controlling Interest in Wuhan Miracle Laser Systems, Inc.
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BEIJING, June 28, 2021 (GLOBE NEWSWIRE) — So-Young International Inc. (Nasdaq: SY) (“So-Young” or the “Company”), the largest and most vibrant social community in China for consumers, professionals and service providers in the medical aesthetics industry, today announced that it has entered into definitive agreements with Wuhan Miracle Laser Systems, Inc. (“Wuhan Miracle”) and shareholders of Wuhan Zeqi Technology Co., Ltd. (“Wuhan Zeqi”), a shareholder of Wuhan Miracle, to acquire controlling interest in Wuhan Miracle for a total consideration of RMB 791 million. The closing of the transaction is subject to customary closing conditions and is currently expected to occur in the third quarter of 2021.
“We believe that China’s medical aesthetics industry possesses huge growth potential and we are...
Digital Signage Market Worth $35.94 Billion at 7.8% CAGR; Rising Need for Greater Customer Engagement to Boost the Uptake of Digital Signage in BFSI Sector: Fortune Business Insights™
Written by Customer Service on . Posted in Mergers And Acquisitions.
List of the Companies Profiled in the Market: Omnivex Corporation, E Ink Holdings Inc., Leyard Optoelectronic Co., Ltd., Panasonic Corporation, Exceptional 3D, Samsung Electronics, Deepsky Corporation Ltd., Scala, Sony Corporation, LG Electronics.
Pune, India, June 28, 2021 (GLOBE NEWSWIRE) — The global digital signage market size is expected to reach USD 35.94 billion by 2026, exhibiting a CAGR of 7.8% during the forecast period. Rising efforts to make cities smarter through advanced technology will pave the way for the growth of this market in the given time period. Urbanization around the globe is speeding ahead at an exponential rate owing to the movement of people from rural to urban areas. According to UN estimates, by 2050, around 68% of the world’s population will be living in urban areas. This has prompted governments...
Proactive news headlines including Bellevue Gold, Marmota, BlackEarth Minerals and Firefinch
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Sydney, June 28, 2021 (GLOBE NEWSWIRE) — Proactive, provider of real-time news and video interviews on growth companies listed in Australia, has covered the following companies:Bellevue Gold Ltd (ASX:BGL) has received an 8% lift in target price to A$1.30 per share from Macquarie Research after the latest drilling results showed the potential to improve the forecast production rate and project economics at Bellevue’s namesake gold play in Western Australia. Click here
Marmota Ltd (ASX:MEU) (FRA:43M) executive chairman Colin Rose has demonstrated his faith in the company’s gold-copper-uranium strategy with the purchase of shares in an on-market transaction. Click here
BlackEarth Minerals NL’s (ASX:BEM) ongoing exploration has identified potential additional, near-surface high-grade graphite at Razafy Northwest zone of the Maniry...
Hydrogen Fuel Cells Market to grow at a CAGR of 31.4% through 2027 – Report by Market Research Future (MRFR)
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New York, June 28, 2021 (GLOBE NEWSWIRE) — Hydrogen Fuel Cells Market Overview: According to a comprehensive research report by Market Research Future (MRFR), “Hydrogen Fuel Cells Market – By Type (Air-Cooled Type and Water-Cooled Type), By Application (Stationary, Transport and Portable) and by Region – Forecast till 2027” the market is projected to reach USD 52.71 Billion by the year 2027, to grow at a CAGR of 31.4% from 2020 – 2027 (forecast period).
Rising demand for fuel cell electric vehicles to propel market growth
Fuel cell electric vehicles are a crucial part of the low-carbon future and play a significant role in achieving global carbon reduction goals. High technology investment by several global automotive manufacturers in the development of fuel cell electric vehicles is expected to propel the hydrogen...
Cloud Nine Announces Strategic Investment in Next Decentrum
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VANCOUVER, British Columbia, June 28, 2021 (GLOBE NEWSWIRE) — Cloud Nine Web3 Technologies Inc. (CSE: CNI) (OTC: CLGUF) (FRANKFURT: 1JI0) (“Cloud Nine” or the “Company”), a leading EdTech company focused on leveraging Web 3.0 technologies, is pleased to announce that it has strengthened its existing tech development relationship with Next Decentrum Technologies Inc. (“Next Decentrum”), a private British Columbia corporation. Next Decentrum designs and builds dynamic, relevant, and human-led emerging tech education content and software, inspired by the modern theories of continuous innovations, lean thinking, and agile development. In connection with the new arrangement, the Company and Next Decentrum entered into a strategic alliance agreement (the “SAA”), a share purchase agreement (the “SPA”) and an investor rights agreement...
Vista Gold Corp. Receives $1.0 Million Guadalupe de los Reyes Payment
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DENVER, June 28, 2021 (GLOBE NEWSWIRE) — Vista Gold Corp. (NYSE American and TSX: VGZ) (“Vista” or the “Company”) today announced receipt of the final $1.0 million payment from Prime Mining Corp. (“Prime Mining”).
As announced on June 15, 2020 (see news release), Prime Mining was required to pay Vista $2.1 million in lieu of Vista being granted certain royalties and back-in rights relating to the Guadalupe de los Reyes gold / silver project in Mexico. The first payment of $1.1 million was paid in January 2021. With this $1.0 million payment, Vista has no remaining right to be granted the royalties and back-in rights.
Frederick H. Earnest, President and Chief Executive Officer of Vista, commented, “We are pleased to receive this final payment and successfully complete this agreement with Prime Mining.”
All dollar amounts in this...