Month: February 2022

Spanish Fund for Supporting Strategic Companies Approves €34.5 Million Financing

Written by Customer Service on February 15, 2022. Posted in Public Companies.

LONDON, Feb. 15, 2022 (GLOBE NEWSWIRE) — Ferroglobe PLC (NASDAQ: GSM) (the “Company”) is pleased to announce that Spanish Fund for supporting strategic companies, on a proposal of Sociedad Estatal de Participaciones Industriales (“SEPI”), a Spanish state-owned industrial holding company affiliated with the Ministry of Finance and Administration, has approved €34.5 million in loans to Spanish companies Grupo Ferroatlántica, S.A.U. and Grupo Ferroátlantica de Servicios, S.A.U. (together, the “Beneficiaries”), wholly owned subsidiaries of the Company. In the coming days it will be submitted to the Council of Ministers for authorisation. These loans are part of the SEPI fund intended to provide assistance to non-financial companies operating in strategically important sectors within Spain in the wake of the COVID-19 pandemic. The...

Virtual Interactive Technologies Corp. Announces They Will be Presenting at the Upcoming MoneyShow and TradersEXPO

Written by Customer Service on February 15, 2022. Posted in Public Companies.

Denver, Colorado, Feb. 15, 2022 (GLOBE NEWSWIRE) — Virtual Interactive Technologies Corp., (OTC: VRVR) (“VRVR” or the “Company”), a multi-platform video gaming company is pleased to announce they will be exhibiting and presenting at The MoneyShow and TradersEXPO February 24th-26th in Las Vegas, Nevada. The MoneyShow and TradersEXPO will be held at Bally’s and Paris Resorts located at the fabled “Four Corners” intersection of the Las Vegas Strip. Virtual Interactive Technologies will be exhibiting in Booth #408 in the Interactive Exhibit Hall. Peter Anthony “Tony” Chiodo, the Company’s VP of Business Development and Gaming Concepts along with Duane “Dog” Chapman aka Dog the Bounty Hunter a newly announced Brand Ambassador for the Company, will be presenting on Friday, February 25th, 2022, from 2:25pm-3:10pm PST. About Virtual Interactive...

PAE Announces Closing of Merger With an Affiliate of Amentum Government Services Holdings LLC

Written by Customer Service on February 15, 2022. Posted in Mergers And Acquisitions.

FALLS CHURCH, Va., Feb. 15, 2022 (GLOBE NEWSWIRE) — PAE Incorporated (“PAE”) today announced the completion of its acquisition by an affiliate of Amentum Government Services Holdings LLC for approximately $1.9 billion in cash, including the assumption of debt and certain fees (the “Merger”). The Merger was previously announced on October 25, 2021, and PAE’s stockholders approved the Merger at a special meeting of stockholders held on February 10, 2022. PAE Interim President and CEO Charlie Peiffer spoke about the historical significance of PAE joining forces with Amentum. “Over the past 66 years, the PAE brand has become recognized for achieving success through global mission services around the world. Thanks to our new team at Amentum, we will continue to provide world-class support to our clients with the best growth opportunities...

Euroseas Ltd. Reports Results for the Year and Quarter Ended December 31, 2021

Written by Customer Service on February 15, 2022. Posted in Earnings Releases And Operating Results.

ATHENS, Greece, Feb. 15, 2022 (GLOBE NEWSWIRE) — Euroseas Ltd. (NASDAQ: ESEA, the “Company” or “Euroseas”), an owner and operator of container carrier vessels and provider of seaborne transportation for containerized cargoes, announced today its results for the three-month period and full year ended December 31, 2021. Fourth Quarter 2021 Financial Highlights:Total net revenues of $38.3 million. Net income and net income attributable to common shareholders of $22.7 million or $3.14 and $3.13 earnings per share basic and diluted, respectively. Adjusted net income attributable to common shareholders1 for the period was $22.9 million or $3.18 and $3.17 per share basic and diluted, respectively. Adjusted EBITDA1 was $26.1 million. An average of 15.01 vessels were owned and operated during the fourth quarter of 2021 earning an average...

Broadcom Safeguards the SAN with Gen 7 Fibre Channel and Extends Leadership with the Industry’s Highest Density 64G Switch

Written by Customer Service on February 15, 2022. Posted in Public Companies.

New Gen 7 Cyber Resilient Networking Technologies Combine Integrated Security and Autonomous SAN Management SAN JOSE, Calif., Feb. 15, 2022 (GLOBE NEWSWIRE) — Broadcom Inc. (NASDAQ:AVGO), today announced the availability of the industry’s most secure and highest density Gen 7 64G Fibre Channel switch platform— the Brocade G730 Switch, a 128-port core switching platform for the autonomous SAN. Additionally, the company today also announced the industry’s first double density 64G Fibre Channel optical transceiver that expands the port density for the Brocade G730 and G720 switches. Brocade Gen 7 Fibre Channel safeguards and modernizes the SAN against cybersecurity and business continuity challenges that threaten to disrupt data center operations. Gen 7 is the most cyber resilient network for storage, protecting enterprises against...

AXIM Biotech Announces New Milestones in Preparation of Dry Eye Disease Diagnostics Launch

Written by Customer Service on February 15, 2022. Posted in Public Companies.

AXIM is driven to positively transform the state of Dry Eye Disease (DED) testing and diagnosisThe company will deploy industry leader IUL’s state-of-the-art iPeak readers Company Adds Veteran Lab Testing Exec Barry Craig AXIM develops and files for a patent for Novel Tear Collector SystemSAN DIEGO, Feb. 15, 2022 (GLOBE NEWSWIRE) — AXIM Biotechnologies, Inc (OTCQB: AXIM) (“AXIM Biotech,” “AXIM” or “the Company”), an international healthcare solutions company targeting dry eye disease (DED), today announced two key milestones in preparation of the launch of its DED diagnostics testing initiative. AXIM has signed a supply agreement with Barcelona-based IUL SA (“IUL”) for its iPeak DED readers which will be deployed for diagnostic testing with a focus on lactoferrin levels. This state-of-the-art portable reader is a colorimetric...

Bechtle Increases Network Visibility and Security of Client Devices with Progress

Written by Customer Service on February 15, 2022. Posted in Public Companies.

German MSP Bechtle IT System House Bonn/Cologne leverages the powerful REST API of Progress WhatsUp Gold monitoring software to automatically detect new devices and improve the efficiency, security and performance of client networks BEDFORD, Mass., Feb. 15, 2022 (GLOBE NEWSWIRE) — Progress (Nasdaq: PRGS), the trusted provider of infrastructure software, today announced that Bechtle IT System House Bonn/Cologne is leveraging Progress® WhatsUp® Gold, the award-winning IT infrastructure monitoring software, to monitor thousands of devices within its client network and to automatically detect new ones, reducing operational risks and keeping customer satisfaction high. In today’s world of hybrid work environments and surging cloud usage, broad infrastructure visibility has never been more critical. Infrastructure and operations teams...

RFPIO Acquires InHub to Fortify its Position as the Request Management Technology of Choice for Financial Services, Investment and Consulting Teams

Written by Customer Service on February 15, 2022. Posted in Mergers And Acquisitions.

BEAVERTON, Ore., Feb. 15, 2022 (GLOBE NEWSWIRE) — RFPIO announced today that the organization completed its acquisition of InHub, a leading RFx management solution for the investment community. InHub is joining RFP360, the global business division of RFPIO dedicated to serving the emerging request management software market. Request management technology empowers teams to more efficiently collect, organize and evaluate information from vendors and suppliers using RFPs, RFIs, RFQs and other digital RFx tools. The move furthers RFPIO’s core mission of streamlining the purchasing lifecycle. “Acquiring InHub is a big step forward and we’re thrilled to leverage their extensive experience as we transform how organizations request information, respond to requests, and connect,” said Ganesh Shankar, CEO of RFPIO. “We look forward to working...

Wall Art Market Share and Research (2022-2029) | Global Business Analysis, Growth Insights and Forecast Report by Fortune Business Insights™

Written by Customer Service on February 15, 2022. Posted in Mergers And Acquisitions.

Companies covered in wall art market are Dupenny, Brillux, Christopher Guy, Cerabati, Fine Art, Tileworks, Art and more players profiled. Pune, India, Feb. 15, 2022 (GLOBE NEWSWIRE) — The global wall art market size is expected to gain traction owing to the thriving growth of museums in various countries during the forecast period. This information is published by Fortune Business Insights™ in an upcoming report, titled, “Wall Art Market, 2022-2029.” The increased demand for customized décor, availability of high-end items, the financial capability of customers, newly constructed properties, have a direct impact on the growth of the wall art business. Walls are being renovated with beautiful murals and frames to change the look of offices and homes. The rising demand for products from the commercial and residential sectors is...

Medical Marijuana, Inc. Subsidiary Kannaway® Celebrates Best Revenue Month in Company History for South Africa and Japan Divisions in January 2022

Written by Customer Service on February 15, 2022. Posted in Earnings Releases And Operating Results.

SAN DIEGO, CA, Feb. 15, 2022 (GLOBE NEWSWIRE) — via NewMediaWire — Medical Marijuana, Inc. (OTC: MJNA) (the “Company”), the first-ever publicly traded cannabis company in the United States that launched the world’s first-ever cannabis-derived nutraceutical products, brands, and supply chain, announced today that its subsidiary Kannaway® achieved its largest revenue month in the company’s history in its Japan and South Africa divisions in January 2022. According to Business Insider Africa, Africa’s cannabis industry is projected to grow beyond a $7 billion valuation by 2023. Reach and Markets highlights that the Asia-Pacific market is also expected to grow exponentially with a CAGR of 28.6% from 2020 to 2027. “Being able to achieve four best revenue months in a row in the Japan market has been both a great way to end 2021...

Month: February 2022

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