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Day: January 18, 2022

Atlantic Union Bank Names Maria P. Tedesco Chief Operating Officer

RICHMOND, Va., Jan. 18, 2022 (GLOBE NEWSWIRE) — Atlantic Union Bank is pleased to announce that Maria Tedesco will assume the new role of Chief Operating Officer (COO), effective immediately. Tedesco will also continue to serve in her current role as President. As President & COO, Tedesco will lead the following customer-centric business units: consumer and business banking, wholesale banking, wealth management, home loans, technology and operations, marketing, digital strategy and enterprise experience, business intelligence, and first line of defense risk. “Since the day Maria walked through our doors as President in 2018, she has been an incredible asset,” said, John C. Asbury, CEO of Atlantic Union Bank. “Maria has delivered significant tangible and intangible results for our customers, our communities, our Teammates and...

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Optimi Health Submits Natural Psilocybin Combined Drug Delivery and Extraction Formulations for Provisional Patent

Company identifies unique two-part extraction and transdermal delivery process VANCOUVER, British Columbia, Jan. 18, 2022 (GLOBE NEWSWIRE) — Optimi Health Corp. (CSE: OPTI) (OTCQB: OPTHF) (FRA: 8BN) (“Optimi” or the “Company”), developers of a vertically integrated mushroom brand targeting functional and novel psychedelic compounds for the health and wellness sector, is pleased to announce a second provisional patent for a proprietary two-part processing method that involves the extraction and transdermal delivery of psilocybin active components. The extraction process uses a highly viscous material to isolate key components of psychedelic mushrooms and dissolves the psilocybin into a molecular solution. Using the same energy, the active ingredients are then repelled into the skin when applied topically. Due to the skin’s highly...

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Pet Food Market to Reach USD 136.82 Billion Forecast 2028; Pet Food Industry Share, Growth, Revenue and Upcoming 2022 Trends Report by Fortune Business Insights™

Companies covered in the pet food market report are Mars Incorporated (Virginia, U.S.), Nestle S.A. (Vevey, Switzerland), The J.M. Smucker Company (Ohio, U.S.), Colgate-Palmolive Company (New York, U.S.), General Mills, Inc. (Minnesota, U.S.), Diamond Pet Foods (Missouri, U.S.), Heristo AG (Osnabruck, Germany), Tiernahrung Deuerer GmbH (Bretten, Germany), Merrick Pet Care, Inc. (Texas, U.S.), WellPet LLC (Massachusetts, U.S.), and more players profiled. Pune, India, Jan. 18, 2022 (GLOBE NEWSWIRE) — According to Fortune Business Insight, the global pet food market size is expected to gain momentum by reaching USD 136.82 billion by 2028 while exhibiting a CAGR of 4.96% between 2021 to 2028. The ongoing COVID-19 pandemic situation has adversely impacted the market. These disruptions in the supply chain occurred due to a shortage in...

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SRAX Announces Q4 Shares Repurchased and Dividend Payment

LOS ANGELES, Jan. 18, 2022 (GLOBE NEWSWIRE) — via InvestorWire — SRAX, Inc. (NASDAQ: SRAX), a financial technology company that unlocks data and insights for publicly traded companies through Sequire, its SaaS platform, has announced the quantity of shares repurchased in the fourth quarter of 2021, as well as the first payment being made for the previously issued dividend. Throughout the three months preceding December 31st, 2021, the Company repurchased approximately $800K worth of stock made up of 155,000 thousand shares of common stock at an average price of $5.12 per share. This was part of the Company’s $10 million share buyback program announced on August 17, 2021. On September 13, 2021, SRAX announced a dividend to be paid to the holders of SRAX common stock on September 20, 2021. The dividend was paid in the form...

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Cummins Completes 50 Percent Acquisition of Momentum Fuel Technologies from Rush Enterprises

JV to focus on natural gas solutions, which are critical to a zero-emissions future DALLAS-FORT WORTH, Texas and COLUMBUS, Ind., Jan. 18, 2022 (GLOBE NEWSWIRE) — Cummins Inc. (NYSE: CMI) and Rush Enterprises, Inc. (NASDAQ: RUSHA & RUSHB) today announced that they have closed on Cummins’ acquisition of 50% equity interest in Momentum Fuel Technologies from Rush Enterprises. The joint venture between Rush Enterprises and Cummins will seek to enhance production of near-zero emissions natural gas powertrains by manufacturing Cummins-branded natural gas fuel delivery systems for the commercial vehicle market in North America. The new company combines the strengths of Momentum Fuel Technologies’ compressed natural gas (CNG) fuel delivery systems and Cummins’ powertrain expertise. When powered by renewable natural gas (RNG), using...

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Allegro Announces First-to-Market High-Resolution GMR Wheel Speed and Distance Sensor for ADAS Applications

New A19360 will help automakers achieve levels 3, 4 and 5 automation in passenger vehiclesAllegro’s A1936 high-resolution GMR wheel speed and distance sensorBuilt for ADAS applications, this first-to-market wheel speed sensor is ideal for the autonomous vehicles of tomorrow – today.Manchester, NH, Jan. 18, 2022 (GLOBE NEWSWIRE) — Allegro MicroSystems, Inc. (“Allegro”) (Nasdaq: ALGM), a global leader in sensing and power solutions for motion control and energy-efficient systems, today announced its new A19360 wheel speed and distance sensor for use in emerging applications in advanced driver assistance systems (ADAS). The cutting-edge giant magnetoresistance (GMR) sensor provides automakers with the signal resolution and reliability required for advanced levels of automation in passenger vehicles and...

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Healthy Extracts Reports Preliminary Q4 2021 Gross Revenue up 72% Sequentially to a Record $770,000; Full Year 2022 on Track to more than Double to over $3.3 Million

LAS VEGAS, Jan. 18, 2022 (GLOBE NEWSWIRE) — Healthy Extracts Inc. (OTCQB: HYEX), a leading innovator of clinically proven plant-based products for heart and brain health, reported preliminary unaudited results for the fourth quarter and full year ended December 31, 2021. Gross revenue for the fourth quarter is expected to total approximately $770,000, up 72% sequentially and up more than 519% over the same year-ago quarter, with gross margin expected to exceed 65%. Revenue for the full year is expected to total approximately $1.7 million, increasing 31%. “Our strengthening performance throughout 2021 demonstrates how our sales have been ramping up through both our distribution and direct-to-consumer channels, including our subscription-based product offerings,” stated Duke Pitts, president of Healthy Extracts. “These results also...

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Milestone Scientific CEO to Participate in Fireside Chat Hosted by Maxim Group and M-Vest on January 20th

ROSELAND, N.J., Jan. 18, 2022 (GLOBE NEWSWIRE) — Milestone Scientific Inc. (NYSE:MLSS), a leading developer of computerized drug delivery instruments, that provide virtually painless and precise injections, today announced that Arjan Haverhals, CEO and president of Milestone Scientific, will participate in a virtual fireside chat hosted by Anthony Vendetti, executive managing director of research at Maxim Group LLC. Fireside Chat Event Info: Date: Thursday, January 20, 2022Time: 11:00 a.m. ESTWebcast: Fireside Chat with Milestone Scientific, Inc. (MLSS) | M-Vest To view the live webcast, professional investors are invited to register before the event via the link above. A replay of the virtual chat will be available for 48 hours on Milestone Scientific’s Investors/News & Events page. About Milestone Scientific Inc.Milestone...

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WisdomTree Announces AI Enhanced Value Funds (AIVL & AIVI)

Actively managed value strategies seek to leverage machine learning approach from Voya’s Equity Machine Intelligence (EMI) proprietary model NEW YORK, Jan. 18, 2022 (GLOBE NEWSWIRE) — WisdomTree (NASDAQ: WETF), an exchange-traded fund (“ETF”) and exchange-traded product (“ETP”) sponsor and asset manager, today announced that WisdomTree’s U.S. Dividend ex-Financials Fund (DTN) and International Dividend ex-Financials Fund (DOO) have been restructured into WisdomTree’s U.S. AI Enhanced Value Fund (AIVL) and International AI Enhanced Value Fund (AIVI). Both Funds are available on the NYSE with expense ratios of 0.38% and 0.58%, respectively. The WisdomTree AI Enhanced Value Funds utilize the Equity Machine Intelligence (EMI) proprietary model of Voya Investment Management Co., LLC (“Voya”), each Fund’s sub-adviser. The EMI model applies...

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Root, Inc. Schedules Conference Call to Discuss Fourth Quarter and Full Year 2021 Financial Results; Update on BlackRock Debt Financing

COLUMBUS, Ohio, Jan. 18, 2022 (GLOBE NEWSWIRE) — Root, Inc. (NASDAQ: ROOT), the parent company of Root Insurance Company, today announced its plans to host a conference call to discuss financial results for the fourth quarter and full year of 2021 on February 24. The Company plans to release fourth quarter and full year 2021 results in the investor relations section of its website at ir.joinroot.com after the close of the financial markets on February 23. Webcast and Conference Call Details  Date:    February 24, 2022  Time:   8:00 a.m. Eastern Time  Dial-in:   (833) 665-0682 (US and Canada)      (929) 517-0176 (International)         Conference ID: 6198344  Webcast: https://ir.joinroot.com/news-events/eventsA replay of the webcast will be made available for on-demand viewing after the call on the Investor...

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