Day: January 13, 2022
More Shoppers and Consignors Motivated by Sustainability, Abandoning Fast Fashion for Resale
SAN FRANCISCO, Jan. 13, 2022 (GLOBE NEWSWIRE) — The RealReal (Nasdaq: REAL) — the world’s largest online marketplace for authenticated, resale luxury goods — today released its 2022 Luxury Consignment Report. Following a year of growing resale adoption by every generation, the report charts the trends and behaviors driving the greatest resale value gains and losses. The report is powered by data derived from The RealReal’s more than 24 million members and more than 22 million items sold.
As the way people shop changes, The RealReal’s data shows it’s having a direct impact on the resale market. As shoppers become more conscious consumers, they’re turning to resale to shop their values: 40% of TRR shoppers are replacing fast fashion with...
Hub Group Receives Supply & Demand Chain Executive 2021 Green Supply Chain Award
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OAK BROOK, Ill., Jan. 13, 2022 (GLOBE NEWSWIRE) — Hub Group (Nasdaq: HUBG), announced today that it has received Supply & Demand Chain Executive’s 2021 Green Supply Chain Award for its efforts in prioritizing sustainability.
Hub Group received this award for its sustainability-minded approach to transportation and logistics management. The company proactively measures and reduces customers’ carbon footprint through analysis that allows for the conversion to more efficient transportation and logistics services, including intermodal, less-than-truckload (LTL) consolidation, cross-dock management, and network optimization.
“We’re proud to be honored for our industry-leading sustainability initiatives,” Hub Group Chairman and CEO David Yeager said. “Our team prioritizes sustainability across our solutions and we help our customers...
UA Multimedia to Acquire Virtual Land and Start Development of Play-to-Earn Game on Sandbox Metaverse
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Company to expand its art NFTs to include game asset NFTs
IRVINE, CA, Jan. 13, 2022 (GLOBE NEWSWIRE) — UA Multimedia, Inc. (OTC Pink: UAMM), a technology holding company and solution provider in the areas of blockchain, cryptocurrency, decentralized finance (DeFi), NFT and metaverse, today announces its initial entry into the metaverse by land acquisition and developing a Sandbox Play-to-Earn game.
Sandbox is built on the Ethereum blockchain and is one of the most dominant players in the metaverse and gaming industry. Sandbox allows users to acquire virtual land and use it to create their own world. The content and applications developed for the virtual world can also be monetized.
UAMM will start its metaverse initiative by acquiring a plot of land in Sandbox and develop it to host entertainment and marketing events. The Company...
Huntington Ingalls Industries to Host Fourth Quarter Earnings Conference Call and Webcast on Feb. 10
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NEWPORT NEWS, Va., Jan. 13, 2022 (GLOBE NEWSWIRE) — Huntington Ingalls Industries (NYSE:HII) will release its fourth quarter 2021 financial results on Thursday, Feb. 10 and host an earnings conference call at 9 a.m. Eastern time the same day. The call will be webcast live on HII’s website: http://www.HII.com.
HII participants will include Mike Petters, president and CEO, Chris Kastner, executive vice president and chief operating officer and Tom Stiehle, executive vice president and chief financial officer. Their remarks will be supplemented by a series of slides appearing on the company website. Listeners are encouraged to view these materials in conjunction with the call. Replays of the call will be available on the website for a limited time.
HII is a global engineering and defense technologies provider. With a 135-year history...
Mortgage Rates Increase Significantly
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Primary Mortgage Market Survey®U.S. weekly average mortgage rates as of 01/13/2022MCLEAN, Va., Jan. 13, 2022 (GLOBE NEWSWIRE) — Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS), showing that the 30-year fixed-rate mortgage (FRM) averaged 3.45 percent.
“Mortgage rates rose across all mortgage loan types, with the 30-year fixed-rate mortgage increasing by almost a quarter of a percent from last week,” said Sam Khater, Freddie Mac’s Chief Economist. “This was driven by the prospect of a faster than expected tightening of monetary policy in response to continued inflation exacerbated by uncertainty in labor and supply chains. The rise in mortgage rates so far this year has not yet affected purchase demand, but given the fast pace of home price growth, it will likely...
Security National Financial Corp. Acquires Holbrook Mortuary
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SALT LAKE CITY, Jan. 13, 2022 (GLOBE NEWSWIRE) — Security National Financial Corporation (NASDAQ: SNFCA) announced today the closing of its purchase of Holbrook Mortuary (“Holbrook”). Holbrook is a Salt Lake based funeral service provider with one Mortuary located in the East Millcreek area. Holbrook serves approximately 200 families annually.
John Holbrook, Holbrook’s owner, said “We are thrilled to be joining Security National. Since 1941, as a three-generation family owned and operated business, we have been committed to serving our clients with honesty, excellence, and compassion. Security National shares that same commitment and together we will continue that legacy in the greater Salt Lake area for generations to come.”
Scott M. Quist, President of Security National commented, “We feel it a great compliment that the John...
Captor Therapeutics Presents Compelling In Vivo Proof-of-Concept Data from CT-01 Program in Hepatocellular Carcinoma
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Data confirm strong anticancer activity of two lead compounds in CT-01 program
Results support advancement of CT-01 compounds towards IND expected in late 2022WROCŁAW, Poland, Jan. 13, 2022 (GLOBE NEWSWIRE) — Captor Therapeutics S.A. (WSE:CTX), a biopharmaceutical company focused on the development of targeted protein degradation (TPD) drugs for cancer and autoimmune diseases, announces preclinical proof-of-concept data from one of its core pipeline projects designated CT-01, which is focused on the development of TPD therapy for hepatocellular carcinoma (HCC).
The in vivo proof-of-concept data confirm the potent antitumor activity of two CT-01 lead compounds in a liver cancer mouse xenograft model and demonstrate that oral administration of these two CT-01 candidates results in complete tumor regression in a Hep 3B2.1-7 mouse...
Regarding the Ruling of the Supreme Administrative Court of Lithuania
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ŽEMAITIJOS PIENAS, AB (hereinafter referred to as ‘the Company’) informs that, on 12 January 2022, the Supreme Administrative Court of Lithuania heard an administrative case further to the appeals of the Company and the Bank of Lithuania regarding annulment of the decision of 8 July 2021 of Vilnius Regional Administrative Court in the case regarding the decision of the Bank of Lithuania No. 241-38 “Regarding application of enforcement measures against ŽEMAITIJOS PIENAS, AB ”, dated 28 February 2018 (hereinafter referred to as ‘the Decision of the Bank of Lithuania’). By ruling of 12 January 2022, the Court upheld the Company’s appeal in part and amended the decision of the Vilnius Regional Administrative Court of 8 July 2021 by annulling a part of the decision in which the Company was declared in violation of provisions of Article 22(3)...
Virtu Financial, Inc. Prices and Completes New Senior Secured First Lien Term Loan
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NEW YORK, Jan. 13, 2022 (GLOBE NEWSWIRE) — Virtu Financial, Inc. (NASDAQ: VIRT) (the “Company”) a global market maker, broker and leading provider of global financial services technology, today announced that its subsidiaries successfully completed and priced its new $1.80 billion senior secured first lien term loan (the “Term Loan”) due in 2029.
The Term Loan was priced at SOFR (with a floor of 50 basis points) + a credit spread adjustment + 300 basis points, and issued at 99.75% of par, each of which is at or better than the tight end of the marketed range.
As previously disclosed, the proceeds of the Term Loan will be used to repay the Company’s existing senior secured term loan in connection with a refinancing of its existing credit facilities, to fund share repurchases under the Company’s authorized repurchase program and...
IQST – iQSTEL’s IoTSmartTank Wins Smart Appliance Product of the Year IoT Breakthrough Award
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New York, NY, Jan. 13, 2022 (GLOBE NEWSWIRE) — iQSTEL, Inc. (OTCQX: IQST) today announced its Internet of Things subsidiary, IoTLabs, has won the The Smart Appliance Product of the Year Award from IoT Breakthrough for its IoTSmartTank device.
This is a second consecutive year for iQSTEL’s IoTLabs to win an IoT Breakthrough Award. In 2021, iQSTEL’s IoTLabs won for its IoTSmartGas device.
Other IoT Breakthrough Award recipients include Bosh, GE, Apple, and Lenovo among other recognized brand names.
The IoTSmartTank device is currently deployed and operational. iQSTEL announced last August the instillation of 2500 devices in a contract with a Fortune 500 chemical company.
IoTLabs is part of iQSTEL’s B2B iQSTelecom Division, which includes our Telecommunications, Internet of Things, and Blockchain products and services.
iQSTEL is...