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Day: December 21, 2021

A-Mark Closes New $350 Million Credit Facility

EL SEGUNDO, Calif., Dec. 21, 2021 (GLOBE NEWSWIRE) — A-Mark Precious Metals, Inc. (NASDAQ: AMRK) (A-Mark), a leading fully integrated precious metals platform, has closed a new three-year, committed $350 million credit facility led by CIBC Bank USA, replacing its existing $280 million credit facility. The new credit facility became effective on December 21, 2021 and matures on December 20, 2024. CIBC Bank USA acted as Administrative Agent, and Joint Lead Arranger. “The new credit facility reflects the strong performance of our business and our capital partners’ confidence in the resiliency of our expanded vertically integrated model,” commented A-Mark CEO, Greg Roberts. “The upsizing to $350 million represents the largest revolving line in the company’s history as we added a number of new lenders to expand our lender base, while...

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Alessandra Ramorino named Chief Internal Audit Officer of Iveco Group

London, December 21, 2021 CNH Industrial (NYSE: CNHI / MI: CNHI) announces the following addition to the future Senior Leadership Team of Iveco Group. Effective April 1st, 2022, Alessandra Ramorino will join the Group in the role of Chief Internal Audit Officer, succeeding Federico Castino who is currently serving as interim Head of Internal Audit. Ms. Ramorino will be a member of the future Company’s Senior Leadership Team (SLT), she will be reporting to the designated CEO Gerrit Marx and she will discharge her duties under the supervision of the Audit Committee of Iveco Group. Ms. Ramorino comes to Iveco Group after working almost 30 years at Brembo, a global company in the design, development, and production of braking systems, where she most recently served as Chief Internal Audit Officer and was a member of the Supervisory Body....

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Vishay Honored by BISinfotech With Two 2021 BETA Awards

Company Named Global Leader in Power Semiconductors and Passive Components Leader of the Year MALVERN, Pa., Dec. 21, 2021 (GLOBE NEWSWIRE) — Vishay Intertechnology, Inc. (NYSE: VSH) today announced that it has been honored by BISinfotech, an Indian electronics and technology magazine, with two 2021 BIS Excellence and Technovation Awards (BETA). The annual BETA Awards recognize winners in two categories: Excellence and Technovation. The Excellence category honors electronics and semiconductor companies with market-leading products that drive industry growth, while the Technovation category awards products and solutions that use advanced electronics and semiconductors. This year in the Excellence category, Vishay was named the Global Leader in Power Semiconductors based on its SiC45x family of microBUCKâ synchronous buck regulators...

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Saia Partners with Daimler Trucks North America to Test Electric Box Vehicle

JOHNS CREEK, Ga., Dec. 21, 2021 (GLOBE NEWSWIRE) — Saia Inc. (NASDAQ: SAIA) is pleased to announce that Saia LTL Freight has partnered with Daimler Trucks North America LLC (DTNA) to test a battery electric Freightliner eM2 box truck in its Portland, Oregon pickup and delivery operations to see how the vehicle performs as part of a working, real-world fleet functioning in a commercial environment. Saia sits on DTNA’s Electric Vehicle Customer Council and is evaluating how electric vehicles can support the company’s sustainability goals. “The truck is part of Daimler’s Freightliner battery electric Customer Experience Fleet,” explained Saia Vice President of Maintenance and Properties Cris Burgum. “Like other carriers evaluating the truck and participating in the council, we have gained enormous insight into how we can integrate...

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ALYI Expects To Realize $2 Million In 2022 EV Sales With Sights On $50 Million For 2022

Dallas, Texas, Dec. 21, 2021 (GLOBE NEWSWIRE) — Alternet Systems, Inc. (OTC Pink: ALYI) today announced the company anticipates realizing $2 million in revenue in 2021 resulting from the sale of electric motorcycles and three wheeled electric vehicles going into service in the taxi and delivery markets in East Africa. ALYI’s Electric Vehicle (EV) Ecosystem strategy is concentrating efforts first on developing solutions for the East African market where per capita transportation is low, and EV solutions have the potential to be a first to market transportation solution rather than a replacement of an existing solution.  ALYI has announced a $10 million revenue target for 2022 with a stretch revenue target to $50 million. ALYI has designed its EV Ecosystem solution to include democratized participation. ALYI has partnered with Revolt...

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Adoption of resolutions of shareholders of AS Tallinna Vesi without convening an extraordinaly general meeting

The Management Board of AKTSIASELTS TALLINNA VESI (registry code 10257326, address Ädala 10, 10614 Tallinn) (hereinafter also the „Company”) introduces to the shareholders the draft resolutions for adoption without convening an extraordinary meeting in accordance with § 2991 of the Commercial Code. Shareholders are invited to vote on the draft resolutions provided below by filling in the ballot on the website of the Company www.tallinnavesi.ee and send the votes along with the documents certifying the right of representation, listed below, to the Management Board of the Company no later than 09:00 (here and hereafter Estonian time) on Thursday, 13 January 2022. For sending the ballot and the documents certifying the right of representation listed below, we ask to choose a method, which ensures the arrival thereof by the above deadline....

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PURA Signs First Farmersville Hemp Clients In Pursuit Of $10 Million Revenue Objective

Dallas, TX, Dec. 21, 2021 (GLOBE NEWSWIRE) — Puration, Inc. (OTC Pink: PURA) today announced signing its first Farmersville Hemp clients that will in turn contribute to the company’s 2022 revenue objectives. The company has forecasted $1 million in revenue for 2022 with the potential for revenue to reach $10 million. PURA has established a new business model to build an industrial hemp business with 3 sources of revenue – education, branding and partnerships. The initial $1 million in revenue forecasted for next year conservatively only encompasses revenue coming from its education line of business which is designed to ignite the revenue potential of the branding and partnership business lines. Management indicates the branding and particularly the partnership lines of business also have a high potential of contributing revenue...

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FactSet Reports Results for First Quarter 2022

Q1 revenues of $424.7 million, up 9.4% from Q1 2021 Q1 ASV plus professional services of $1.7 billion, up 9.2% year over year GAAP operating margin of 28.9% and adjusted operating margin of 33.6% Diluted GAAP EPS of $2.79, up 6.5% from the prior year; adjusted diluted EPS of $3.25, a 12.8% increase from the prior year FactSet joined the S&P 500 on December 20, 2021NORWALK, Conn., Dec. 21, 2021 (GLOBE NEWSWIRE) — FactSet (“FactSet” or the “Company”) (NYSE:FDS) (NASDAQ:FDS), a global provider of integrated financial information, analytical applications, and industry-leading service, today announced results for its first quarter ended November 30, 2021. First Quarter Fiscal 2022 HighlightsRevenues increased 9.4%, or $36.5 million, to $424.7 million for the first quarter of fiscal 2022 compared with $388.2 million...

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Creating the leading E&P company of the future Combining AkerBP and Lundin Energy

Lundin Energy AB (Lundin Energy or the Company) is pleased to announce that the Board of Directors of Lundin Energy and AkerBP have reached an agreement on a combination (Combination Proposal) to create the leading European independent E&P company (the Combined Company) with a world class asset base, industry leading operating costs and low carbon emissions with increased and sustainable dividends. Under the agreement in exchange for Lundin Energy’s portfolio of E&P business, shareholders will be entitled to;Cash totalling BUSD 2.22 (approx. SEK 71.0 per share after conversion from USD) 271,910,019 AkerBP shares (0.950985 AkerBP shares, represented by Swedish Depository Receipts, for each share in Lundin Energy outstanding at completion of the combination – which is equivalent to approximately 279.3 SEK per Lundin Energy share...

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Science Journal Finds No Evidence to Support Claims of Data Manipulation in 2005 Publication

Editor-in-Chief States: “After Careful Examination of These Original Material, Neuroscience [Journal] Found No Evidence of Manipulation of the Western Blot Data or Other Figures of This Publication.” Clearance Is From A Neutral Party Who Is Expert In The FieldAUSTIN, Texas, Dec. 21, 2021 (GLOBE NEWSWIRE) — Cassava Sciences, Inc., (Nasdaq: SAVA) a biotechnology company, has been informed by Neuroscience journal there is no evidence to support claims of data manipulation in a 2005 paper1 authored by the Company and its scientific collaborators. Neuroscience is a prestigious academic journal whose mission is to report “significant, new and carefully confirmed findings with full experimental details.”2 “Another science journal has cleared us of allegations,” said Remi Barbier, President & CEO. “This clearance is from an independent...

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