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Day: December 1, 2021

Encore Announces Findings of Economic Freedom Study

Survey of 2,600 Adults in the U.S. and U.K. Probes Perspectives on Personal Finance and the Economy, Impacts of COVID-19 and What it Means to Achieve Economic Freedom SAN DIEGO, Dec. 01, 2021 (GLOBE NEWSWIRE) — Encore Capital Group, Inc. (Nasdaq: ECPG), an international specialty finance company, today announced the findings of its first Economic Freedom Study. The survey asked 2,600 people in Encore’s largest markets, the United States and United Kingdom, their feelings about personal finances and the economy, and explored the impact of the COVID-19 pandemic. With Encore’s mission of creating pathways to economic freedom as a backdrop, it also asked people what the term “economic freedom” means to them and how they can achieve it. The research was commissioned by Encore and conducted by Morning Consult. A detailed report of the...

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ITW Completes Acquisition of MTS Test & Simulation Business

GLENVIEW, Ill., Dec. 01, 2021 (GLOBE NEWSWIRE) — Illinois Tool Works Inc. (NYSE: ITW) today announced that it has completed the acquisition of the MTS Test & Simulation business from Amphenol Corporation (NYSE: APH). About Illinois Tool WorksITW (NYSE: ITW) is a Fortune 200 global multi-industrial manufacturing leader with revenues totaling $12.6 billion in 2020. The company’s seven industry-leading segments leverage the unique ITW Business Model to drive solid growth with best-in-class margins and returns in markets where highly innovative, customer-focused solutions are required. ITW’s approximately 43,000 dedicated colleagues around the world thrive in the company’s decentralized and entrepreneurial culture. www.itw.comMedia Contact Investor RelationsIllinois Tool Works Illinois Tool WorksTel: 224.661.7451 Karen...

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Altisource Announces the Completion of the Sale of Its Pointillist Subsidiary

Altisource Received $102.2 Million in Cash at Closing and Anticipates Receiving $3.5 Million in Cash Following the One-Year Anniversary of Closing LUXEMBOURG, Dec. 01, 2021 (GLOBE NEWSWIRE) — Altisource Portfolio Solutions S.A. (“Altisource” or the “Company”) (NASDAQ: ASPS) today announced that the shareholders of Pointillist, Inc. (“Pointillist”), a majority owned subsidiary of Altisource, closed on the previously announced transaction to sell all of the equity interests in Pointillist to Genesys Cloud Services, Inc. (“Genesys”). The Company received $102.2 million in cash at closing, and anticipates receiving an additional $3.5 million in cash from an indemnification escrow account following the one-year anniversary of closing, assuming no indemnification claims, and $0.3 million in cash from a working capital escrow account,...

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Wunong Net Technology Company Limited Announces Name Change to Meiwu Technology Company Limited

Shenzhen, China, Dec. 01, 2021 (GLOBE NEWSWIRE) — Wunong Net Technology Company Limited the “Company”), (NASDAQ: WNW), is pleased to announce that effective on December 2, 2021, the Company will change its name to “Meiwu Technology Company Limited”. Xinliang Zhang, CEO of the Company, commented: “The Company’s new name better reflects the Company’s international business line beyond its Wunong Net business as a global high-tech internet trading platform with a global commodity chain and the comprehensive services such as online consultation, display, sales and after-sales services. We are excited about our development in this new chapter.” About Wunong Net Technology Company Limited Wunong Net Technology Company Limited is a British Virgin Islands company incorporated on December 4, 2018, and conduct our business in China through...

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Pushpay Named as One of Seattle Business Magazine’s 2021 Best Workplaces in Washington

Ranked #24, Pushpay continues to be an innovative leader in technology and a thriving workplace in Washington state and beyond REDMOND, Wash., Dec. 01, 2021 (GLOBE NEWSWIRE) — Pushpay (NZSX:PPH, ASX:PPH, ‘Pushpay’ or ‘the Company’), the leading payments and engagement solutions provider for faith-based and non-profit sectors, was recently named as one of Washington’s 100 Best Companies to Work for by Seattle Business Magazine. Celebrating its 32nd year, the annual awards program was created to identify, recognize and honor the best employers in Washington. “No doubt it’s been a challenging year for many organizations as we continue to navigate a global pandemic, adjust to remote work, and respond to The Great Resignation,” said Kevin Kuck, Chief Operating Officer at Pushpay. “However, we continue to challenge...

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Convening of extraordinary general meeting of Nykredit Bank A/S

To Nasdaq Copenhagen Convening of extraordinary general meeting of Nykredit Bank A/S Nykredit Bank A/S will hold an extraordinary general meeting on 16 December 2021 at 10:00 at the Company’s offices at Kalvebod Brygge 1-3, DK-1780 Copenhagen V. -o0o- Agenda:Increase of the Company’s capitalThe agenda of the Company’s general meeting will be available for inspection by the shareholders at the Company’s address prior to the general meeting. The agenda proposes an increase of the Company’s capital by nominally DKK 2,000 million to DKK 12,045 million in total. It should be noted that Nykredit Realkredit A/S owns all the shares of the Company. Copenhagen, 1 December 2021 Nykredit Bank A/SBoard of Directors Contact:Questions may be addressed to Press Relations, tel +45 20 37 28 69.Attachment...

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Cavitation Technologies, Inc. Renews a 3-Year Global R&D, Marketing and Technology License Agreement with Desmet Ballestra Group

Chatsworth, CA, Dec. 01, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — Cavitation Technologies, Inc. (OTCQB: CVAT) renews a new 3-year Global License Agreement with Desmet Ballestra Group s.a. (Desmet), CTi’s strategic partner since 2010, who is the current licensee and worldwide distributor of the company’s Nano-based vegetable oil refining and biodiesel production technology. The Agreement provides Desmet an exclusive license and right to develop, design and supply Cavitation’s NANO Neutralization® System which incorporates Nano Reactor® devices and newly designed Low-Pressure Nano (LPN) on global basis in fats and oleo chemical applications. The agreement provides for $500,000 annual licensing fee and is set to expire on October 1, 2024. Desmet, together with its affiliates, is a global engineering and equipment...

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1stDibs Reveals 2022 Trends from its Annual Designer Survey: Most (and Least) Popular Colors, Designs & Art Styles

Is this the End of Neon Signs, Grandmillennial and Cane Seating?Room by Ashe LeandroPhoto by Shade DeggesNEW YORK, Dec. 01, 2021 (GLOBE NEWSWIRE) — 1stDibs, a leading marketplace for extraordinary design, has announced the results of its fifth annual Interior Designer Trends Survey, taken by more than 750 interior designers from around the world. The data from these expert insights indicate the trends we can anticipate for 2022, including popular colors, iconic vintage design pieces and more, plus a look at what’s going out of style. In many ways, this year’s survey results suggest that designers are going green. Not only is the color slated to be extremely popular in the year ahead, but biophilic design trends continue to come out on top. Conversely, primary and secondary colors and, perhaps shockingly, the once...

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Structured Finance Partner Christian Pugaczewski Joins Hunton Andrews Kurth in New York

Christian PugaczewskiPartner, Hunton Andrews KurthNew York, Dec. 01, 2021 (GLOBE NEWSWIRE) — Christian Pugaczewski, a structured finance attorney with nearly two decades of experience developing innovative financial products and documenting derivative transactions, including hedging contracts for securitizations and energy project finance, has joined Hunton Andrews Kurth LLP as a partner in New York. Pugaczewski counsels hedge fund and broker-dealer clients in the development and structuring of new financial products, and the documentation of OTC derivative transactions including equity, credit, fixed income, commodity, and currency derivatives, variable prepaid forwards, accelerated share buy-backs, capped calls related to convertible bond offerings, heat rate call options, synthetic CDOs, as well as all prime...

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SIGA Announces Health Canada Regulatory Approval of Oral TPOXX®

NEW YORK, Dec. 01, 2021 (GLOBE NEWSWIRE) — SIGA Technologies, Inc. (SIGA) (NASDAQ: SIGA), a commercial-stage pharmaceutical company focused on the health security market, today announced that Health Canada has approved oral TPOXX® (tecovirimat) as an extraordinary use new drug. Specifically, Health Canada has authorized the use of oral TPOXX for the treatment of human smallpox disease in adults and pediatric patients weighing at least 13 kg. “This is an important milestone in our partnership with the Canadian Department of National Defence (DND) that provided support to SIGA for the submission and regulatory review of its application. The approval ensures that we can continue to supply oral TPOXX to both the DND and the Public Health Agency of Canada (PHAC) for stockpiling as a key countermeasure,” said Dr. Phil Gomez, CEO of SIGA...

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