Month: January 2022

EssilorLuxottica appoints new member to its Board of Directors As the new Valoptec Association President, Virginie Mercier Pitre replaces Juliette Favre on the Board and represents 20,000 Company’s employee and former employee shareholders Charenton-le-Pont, France (20 January 2022, 7:30 pm) – During its meeting held today, EssilorLuxottica’s Board of Directors appointed Virginie Mercier Pitre as a new Director. This follows her recent nomination as the new President of Valoptec Association, the independent Association of EssilorLuxottica’s employee shareholders. Her nomination to the Board of Directors will be submitted to the shareholders vote for ratification at the next EssilorLuxottica Annual General Meeting on 25 May 2022. Upon joining the Board of Directors, Mrs. Mercier Pitre will also be part of its CSR Committee. Mrs. Mercier...

General Motors’ new commitment to green hydrogen is a big boost to the industry SANTA CLARITA, Calif., Jan. 20, 2022 (GLOBE NEWSWIRE) — NewHydrogen, Inc. (OTC:NEWH), a developer of a breakthrough green hydrogen generator that uses renewable energy to produce low-cost green hydrogen, today welcomed General Motors’ announcement expanding its investment in green hydrogen. This commitment by a major auto maker is a big boost to the green hydrogen industry, which is dedicated to emissions-cutting hydrogen generated with renewable power such as wind and solar energy. General Motors announced plans Wednesday to expand its hydrogen fuel cell business beyond vehicles by supplying hydrogen-powered generators for uses including construction sites, music festivals, data centers and military operations. The wider application of hydrogen fuel...

HAMPSTEAD, Md., Jan. 20, 2022 (GLOBE NEWSWIRE) — Farmers and Merchants Bancshares, Inc. and Farmers and Merchants Bank (collectively, “Farmers”) announce that James R. Bosley, Jr. intends to retire as Farmers’ President & Chief Executive Officer effective at the close of business on December 31, 2022. Mr. Bosley recently informed the Board of Directors of his retirement plans in order to allow for an orderly transition. Mr. Bosley, age 60, joined the organization in 1983 and became its President & Chief Executive Officer in 1995. “Jim Bosley has led Farmers for the past 27 years. During this time, he has helped to build the company into a high-performing, community-centric bank that is relationship-focused and aligned to the needs of all stakeholders” stated Bruce Schindler, Chairman of Farmers’ boards of directors. “It...

Crypto Blockchain Industries (CBI): Free allocation of shares to all shareholders: 1 new share for every 4 shares held   CRYPTO BLOCKCHAIN INDUSTRIES (“CBI”, Euronext Growth Paris: FR0014007LW0 – ALCBI) announces an allocation of free shares in favor of all CBI shareholders, at the rate of 1 new share for every 4 shares held on January 27, 2022. The purpose of this operation is to improve the liquidity of the share. In accordance with the delegation of authority granted by the General Meeting of December 29, 2021 in its 2nd resolution approved unanimously by the shareholders present or represented, the Board of Directors of CBI at its meeting on January 19, 2022 decided to increase the share capital by incorporation of premiums by issuing 48,517,500 new shares to be awarded free of charge to all shareholders at the rate...

UNIONDALE, N.Y. , Jan. 20, 2022 (GLOBE NEWSWIRE) —  Flushing Financial Corporation (the “Company”) (Nasdaq: FFIC), the parent holding company for Flushing Bank (the “Bank”), today announced it will make a donation to help the victims of the tragic Bronx Fire by providing funds to the Bronx Community Foundation and Catholic Charities Bronx Fire Emergency Relief Funds. John R. Buran stated, “As a community bank, it is our responsibility to support the individuals, families, and small businesses in the markets we serve, especially in difficult times. The recent Bronx fire was a horrific event where lives were lost along with homes and personal possessions. A tragedy of this magnitude will require ongoing support at the local level to help get those affected back on their feet. We are confident that both the Bronx Community Foundation...

WOBURN, Mass., Jan. 20, 2022 (GLOBE NEWSWIRE) — NeuroMetrix, Inc. (Nasdaq: NURO) announced today that it plans to issue its 2021 fourth quarter and full year financial results before the opening of the market on January 27, 2022. The Company will host a conference call at 8:00 a.m., Eastern Time on January 27, 2022 to discuss its financial results as well as business developments affecting the Company. The conference call may be accessed in the United States by dialing 844-787-0799 and using the confirmation code 4266103. Internationally, the conference call may be accessed by dialing 661-378-9630 and using the same confirmation code. The earnings press release and accompanying condensed financial statements will be accessible from the Company’s website at www.NeuroMetrix.com under the “Investor Relations” tab. A...

New video blog series part of 2022 commitment to increase and broaden communication to investors WINNIPEG, Manitoba, Jan. 20, 2022 (GLOBE NEWSWIRE) — Kane Biotech CEO, Marc Edwards sees its rich 20-year history of biofilm research and product development as a real strategic advantage in the wound care and surgical markets. “Biofilms in wound care have been an increasing topic of discussion amongst industry professionals for less than a decade but have now grown to be recognized as one of the biggest unresolved problems. This is a huge opportunity for Kane as our focus has exclusively been biofilms for the past 20 years and we are moving towards commercialization on not one but two important products,” said Edwards. “We anticipate that our DispersinB® wound gel will be a game-changer in the industry and the funding we’ve received...

75% Increase in Cinovec NPV to US$1.94B 16% Increase in Production to 29,386tpa HIGHLIGHTSThe 2019 PFS Update for the Cinovec Project has been updated to demonstrate the effect of changes in the mining process to incorporate the use of paste backfill, which results in an increase in annual production, together with changes in lithium and by-product prices to reflect current and expected market conditions. Annual production of battery grade lithium hydroxide monohydrate modelled to increase from 25,267 tpa to 29,386 tpa, an increase of 16%. NPV8 (post tax) increases from US$1.108B to US$1.938B, an increase of 74.9%, based upon a lithium hydroxide price of USD17,000 per tonne which is significantly less than the current price. Post tax IRR of 36.3% and a payback period of 2.5 years from the commencement of production. Up-front capital...

PHOTO_L’ORÉAL_BIOMETRIC FACIAL RECOGNITION, 3D SCANNING TECHNOLOGYCOPYRIGHT L’ORÉALPHOTO_L’ORÉAL_SMART MIRROR CONCEPTCOPYRIGHT METAMORWORKS ISTOCKNEWS RELEASEL’ORÉAL AND VERILY ANNOUNCE FIRST-OF-ITS-KIND STRATEGIC PARTNERSHIP TO ADVANCE PRECISION SKIN HEALTH Clichy, January 20, 2022 – L’Oréal, the world leader in beauty, and Verily, an Alphabet precision health company, announced today a strategic partnership, exclusive in beauty, to advance skin health. The first-of-its-kind partnership in the beauty industry is expected to entail two programs aimed to better understand and characterize skin and hair aging mechanisms and to inform L’Oréal’s precision beauty tech strategy and product development. The first is a strategic research collaboration to establish a longitudinal...

According to management accounts for December 2021, which are now available, EBITDA in the fourth quarter 2021 will be higher than previously estimated and published on 20 December 2021.   It is estimated that EBITDA in the fourth quarter will be around EUR 31.6 million compared EUR 14.9 million for the same quarter 2020. The previously published range was EUR 26.7 to 29.7 million.  EBIT in the quarter will be around EUR 17.5 million compared to EBIT of EUR 3.2 million for the same period 2020. Main drivers for the increase in EBITDA from the range published in December are higher volume and better margins than expected in the container liner especially in export Iceland. Furthermore, the performance of the Norway operation and the international forwarding operations exceeded expectations. Overall, activity was strong throughout the month...