Month: April 2022

Electric Motor Market Size [2021-2028] Worth USD 181.89 Billion | Exhibit a CAGR 7.0%

Written by Customer Service on April 6, 2022. Posted in Mergers And Acquisitions.

Electric Motor Market Size to Hit USD 181.89, at CAGR of 7.0% by 2028; Increasing Demand from Residential & Commercial Sector to Favor Growth of Electric Motor Industry Pune, India, April 06, 2022 (GLOBE NEWSWIRE) — The global electric motor market size is projected to grow from USD 113.14 billion in 2021 to USD 181.89 billion in 2028 while exhibiting a CAGR of 7.0% between 2021 and 2028. Fortune Business Insights published this information in its latest report, titled, “Electric Motor Market, 2021-2028.” The report further mentions that the market stood at USD 106.45 billion in 2020. Factors such as the increasing adoption of electrical motors in the commercial sector and the rapid-paced urbanization is expected to favor the growth of the market in the forthcoming years. The effect of the global pandemic, COVID-19, has been...

Connected Car Market Size [2021-2028] Worth USD 191.83 Billion | Exhibit a CAGR 18.1%

Written by Customer Service on April 6, 2022. Posted in Mergers And Acquisitions.

Connected Car Market Size to Hit USD 191.83 billion, at CAGR of 18.1% by 2028; Rapid Expansion of Smartphone Usage Worldwide to Positively Impact the Market Pune, India, April 06, 2022 (GLOBE NEWSWIRE) — The global connected car market size was valued at USD 55.56 billion in 2020. The market is anticipated to grow from USD 59.70 billion in 2021 to USD 191.83 billion in 2028 at a 18.1% CAGR during the forecast period. Dominant Players Such as Audi and Ford Motors to Focus on Promoting the Adoption of Advanced Automotive Technologies. Wireless connectivity systems in cars are a trend that is gaining considerable traction in the automotive industry, states Fortune Business Insights in its report titled Connected Car Market, 2021-2028. Recognizing the potential offered by these changing dynamics, several start-ups specializing in automotive...

The Simply Good Foods Company Reports Fiscal Second Quarter 2022 Financial Results and Updates Full Fiscal Year 2022 Outlook

Written by Customer Service on April 6, 2022. Posted in Earnings Releases And Operating Results.

DENVER, April 06, 2022 (GLOBE NEWSWIRE) — The Simply Good Foods Company (Nasdaq: SMPL) (“Simply Good Foods,” or the “Company”), a developer, marketer and seller of branded nutritional foods and snacking products, today reported financial results for the thirteen and twenty-six weeks ended February 26, 2022. Second Quarter Highlights:(1)Net sales increased 28.7% Net income(2) of $18.5 million versus a net loss of $26.2 million Earnings (loss) per diluted share (“EPS”)(2) of $0.18 versus $(0.27) Adjusted Diluted EPS(3) of $0.36 versus $0.25 Adjusted EBITDA(4) increased 27.1% to $54.2 million Updates full fiscal year 2022 outlook:Net sales expected to increase 13-15% versus fiscal year 2021, including a 2 percentage point headwind related to the European business exit and Quest frozen pizza licensing Adjusted EBITDA(4,6) anticipated...

Tilray Brands, Inc. Reports Third Quarter Fiscal Year 2022 Financial Results

Written by Customer Service on April 6, 2022. Posted in Earnings Releases And Operating Results.

Profitable Quarter Includes Net Income of $52.5 Million and Adjusted EBITDA of $10.1 Million; 12th Consecutive Quarter of Positive Adjusted EBITDANet Revenue Increased 23% to $152 Million; Gross Profit Increased 31% to $39.8 Million from the Prior Year QuarterMedical Market Share Leader in Europe and #1 Leadership Position in Germany with Revenue Growth of Over 4,000%Maintained #1 Leading Marketing Share in CanadaAchieved $76 Million in Cost Synergies to Date; On-Track to Exceed Original Plan of $80 Million Ahead of Schedule and to Generate Additional $20 Million of Synergies in Fiscal 2023LEAMINGTON, Ontario and NEW YORK, April 06, 2022 (GLOBE NEWSWIRE) — Tilray Brands, Inc. (“Tilray” or the “Company”) (Nasdaq: TLRY; TSX: TLRY), a leading global cannabis-lifestyle and consumer packaged goods company inspiring and empowering...

CorVel Releases the New Integrated Claims Risk Score for Workers’ Compensation Claims, Leveraging Artificial Intelligence and Predictive Analytics

Written by Customer Service on April 6, 2022. Posted in Public Companies.

The new functionality in CareMC Edge® assesses multiple factors to determine a claim risk score, helping claims professionals proactively address potential issues and positively impact overall outcomes FORT WORTH, Texas, April 06, 2022 (GLOBE NEWSWIRE) — CorVel Corporation (NASDAQ: CRVL), a national provider of risk management solutions, has launched a new Claims Risk Score interface in CareMC Edge®, CorVel’s integrated claims management platform. This new functionality leverages artificial intelligence and predictive analytics to identify which claims might go off track and provides actionable intervention recommendations to impact the total cost of risk. The Risk Score leverages advanced technology to assess all data elements on a claim and assess its level of risk. This score incorporates several factors such as return to work...

Norway’s first Radisson RED & Radisson hotel land at Oslo Airport

Written by Customer Service on April 6, 2022. Posted in Public Companies.

Radisson RED Oslo – GAMO Bar Radisson RED Oslo – GAMO BarRadisson RED Oslo – M&E Breakout Radisson RED Oslo – M&E BreakoutRadisson RED Oslo – Standard Room Radisson RED Oslo – Standard RoomRadisson RED Oslo – Lobby Radisson RED Oslo – LobbyNorway’s first Radisson RED & Radisson hotel land at Oslo Airport The first Radisson RED & Radisson hotel in Norway have landed at Oslo Airport. The new dual-branded opening will be the largest hotel at the airport, offering more than 500 rooms and a new conference center, situated just a few steps from the airport terminals.Radisson RED Oslo Airport and Radisson Hotel & Conference Centre Oslo Airport provide guests with the opportunity to enjoy both the Radisson RED brand’s playful twist on conventional hotel stays...

Auriant Mining AB (publ.) obtains a conditional loan facility of up to SEK 9,400,000

Written by Customer Service on April 6, 2022. Posted in Public Companies.

The Company has on this date entered into a conditional loan commitment agreement with its related party, GoMobile Nu AB, which holds approximately 23 percent of the shares and the votes in the Company. The agreement is conditional in such way that its validity is subject to approval by the general meeting of the Company, which is to be held on 10 May 2022. Under the loan commitment agreement, the creditor makes available, between 10 May 2022 and 9 May 2023 (the commitment period), a loan facility of up to SEK 9,400,000, which may be drawn by the Company in one or more tranches. The payable interest is 6,5 percent per annum on any amount drawn under the loan facility, and a stand-by fee of 1,5 percent per annum is payable on any undrawn amount of the loan facility during the commitment period. The Company is entitled to end the commitment...

Emerging Markets Report: The Mother of Invention

Written by Customer Service on April 6, 2022. Posted in Public Companies.

Atmofizer’s Technology Makes Virus Particles Larger, Easier to Kill An Emerging Markets Sponsored Commentary ORLANDO, Fla., April 06, 2022 (GLOBE NEWSWIRE) — We are pleased today to introduce a new featured company, and one with its own proprietary technology in which the United States Patent Office issued a patent related to the Company’s air and water purification system that provides consumer and industrial solutions for the times we live in and beyond. Seismic events, like the COVID-19 outbreak, are often massive changes agents. Long after the cases and hospitalizations abate, a new desire for the world to be cleaner and safer will likely prevail. If you also believe that we will as a society take the safety of the air we breathe much more seriously, then today’s featured company warrants review. ATMOFIZER TECHNOLOGIES INC. (CSE:...

GFG Expands the Goldarm Property with the Acquisition of the Aljo Mine Gold Claims in the Timmins Gold District

Written by Customer Service on April 6, 2022. Posted in Mergers And Acquisitions.

Figure 1: Timmins East Regional Map of the Goldarm Property with Coulson Claims GFG’s Property Map – Timmins East Regional Map of the Goldarm Property with Coulson ClaimsSASKATOON, Saskatchewan, April 06, 2022 (GLOBE NEWSWIRE) — GFG Resources Inc. (TSXV: GFG) (OTCQB: GFGSF) (“GFG” or the “Company”) announces that it has entered into a binding letter of intent (the “Agreement”) with private, arm’s length vendors (the “Vendors”) to acquire a 100% interest in 14 unpatented mining claims (the “Coulson Claims”) adjacent to the Goldarm Property (See Figure 1). Brian Skanderbeg, President and CEO of GFG, commented, “We are happy to add the strategic Coulson Claims that host historic underground development at the Aljo Mine to our recently consolidated land package. The high-grade gold values and the fact that gold mineralization...

The Joint Corp. Acquires Northern California Regional Developer Territory

Written by Customer Service on April 6, 2022. Posted in Mergers And Acquisitions.

Expected to increase margin contribution and support corporate clinic growth opportunity SCOTTSDALE, Ariz., April 06, 2022 (GLOBE NEWSWIRE) — The Joint Corp. (NASDAQ: JYNT), the nation’s largest provider of chiropractic care through The Joint Chiropractic® network, acquired the regional developer rights for the Northern California territory for $2.4 million on April 1, 2022. The demographic modeling for the Northern California region indicates the potential for a total of 75 clinics. This includes The Joint’s April 1st acquisition of the right to oversee 56 franchised clinics – 20 of which are currently operating and will continue to be franchised and 36 of which the licenses have been sold and are in active development. It also includes another 19 sites for future corporate or franchised clinic development. “The acquisition...

Month: April 2022

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals