Month: May 2022

Proactive news headlines including Twitter, Elon Musk, BioSig, Starton Therapeutics and Irwin Naturals

Written by Customer Service on May 23, 2022. Posted in Mergers And Acquisitions.

New York , May 23, 2022 (GLOBE NEWSWIRE) — Proactive, provider of real-time news and video interviews on growth companies listed in the US and Canada, has covered the following companies:BioSig maintains ‘Outperform’ rating from Noble Capital as “stronger commercialization efforts” underway for its PURE EP system click here Pfizer/BioNTech say third vaccine dose is 80% effective against Omicron in kids 5 and younger click here Musk suggests he wants a discount on his Twitter bid proportionate to number of spam bots click here Starton Therapeutics wins approval to proceed with final dose escalation in Phase 1 clinical study evaluating STAR-LLD click here TraceSafe announces record year in 2021 with annual revenue of US$13M click here Irwin Naturals completes acquisition of KHC Capital Group click here About Proactive Proactive...

Astec to participate in the Stifel 2022 Cross Sector Insight Conference

Written by Customer Service on May 23, 2022. Posted in Public Companies.

CHATTANOOGA, Tenn., May 23, 2022 (GLOBE NEWSWIRE) — Astec Industries, Inc. (Nasdaq: ASTE) announced today it will participate in the Stifel 2022 Cross Sector Insight Conference on Wednesday, June 8, 2022. Barry A. Ruffalo, President and Chief Executive Officer and Stephen C. Anderson, Senior Vice President of Investor Relations will present at the conference and participate in 1×1 meetings. The meetings will be held in a virtual-only format. The ASTEC presentation will take place from 10:55 AM to 11:25 AM Eastern time. Those wishing to access the presentation can do so with the following link: https://wsw.com/webcast/stifel68/aste/2095953 About ASTEC Astec, (www.astecindustries.com), is a manufacturer of specialized equipment for asphalt road building, aggregate processing and concrete production. Astec’s manufacturing...

Church & Crawford Inc reports BVPS Increase for fiscal year 2022

Written by Customer Service on May 23, 2022. Posted in Public Companies.

Houston, Texas, May 23, 2022 (GLOBE NEWSWIRE) — Church & Crawford Inc (CCWF) is an oil and gas exploration and production (E&P) company focused on proven fields exploited by well-managed independent oil companies extracting reserves at lower risk and lower cost than unproven prospects. We are focused on domestic and international areas where major oil and gas producing companies have reduced their exploration efforts in search of larger reserves. Management is pleased to announce, that “Book value per share” (BVPS) is the ratio of equity available to common shareholders divided by the number of outstanding shares. This figure represents the minimum value of a company’s equity and measures the book value of a firm on a per-share basis. Since the net assets increase after the business combination effective last March...

Investview (“INVU”) Announces First Quarter Fiscal Year 2022 Financial Results

Written by Customer Service on May 23, 2022. Posted in Public Companies.

Eatontown, NJ, May 23, 2022 (GLOBE NEWSWIRE) — Investview, Inc. (OTCQB: INVU), a diversified financial technology company that through its subsidiaries and global distribution network provides financial technology, education tools, content, research, and management of digital asset technologies with a focus on Bitcoin mining and the new generation of digital assets,is pleased to announce continued growth and performance in consolidated gross revenue and good net income from operations for the first quarter of the fiscal year 2022. First Quarter 2022 Financial HighlightsGross sales of $19.1 million for the first quarter of 2022 increased 3% compared to the prior-year period. Net revenue was $17.7 million, an increase of $0.7 million or 4% from the same period in 2021.iGenius (subsidiary) net revenue in the first quarter of 2022...

Cascade Acquisition Corp. Provides Update on its Intended Liquidation and Redemption of Class A Common Stock

Written by Customer Service on May 23, 2022. Posted in Public Companies.

New York, NY, May 23, 2022 (GLOBE NEWSWIRE) — Cascade Acquisition Corp. (NYSE: CAS) (the “Company”) today announced that, further to the prior announcement of its determination to liquidate, the effective date for the Company’s redemption of all of its outstanding shares of Class A common stock (the “Class A Shares”), will be June 8, 2022. Net of taxes and dissolution expenses, the per-share redemption price for the public shares is expected to be approximately $10.10 (the “Redemption Amount”). The Company anticipates that the Class A Shares will cease trading as of the open of business on June 8, 2022. As of June 8, 2022, the Class A Shares will be deemed cancelled and will represent only the right to receive the Redemption Amount. The Redemption Amount will be payable to the holders of the Class A Shares upon presentation of...

Aegon sells 50% stake in Spanish joint venture with Liberbank to Unicaja

Written by Customer Service on May 23, 2022. Posted in Mergers And Acquisitions.

The Hague, May 23, 2022 – Aegon announces today it has decided to sell its 50% stake in the Spanish insurance joint venture with Liberbank to Unicaja Banco. The sale follows the change of control in Liberbank after its merger with Unicaja Banco in 2021. The gross proceeds of the transaction amount to EUR 177 million, representing 22 times 2021 operating result after tax of Aegon’s 50% stake in the joint venture. Aegon Spain intends to upstream the net proceeds to the Group. Aegon’s insurance joint venture with Liberbank dates back to 2008 when Aegon established a joint venture in Spain with Caja Cantabria, which was one of Liberbank’s predecessors. It offers life risk, life savings and pensions products to Spanish retail customers through Liberbank’s banking channels. Aegon will continue to grow its business in Spain and Portugal...

Meta Data Limited Files Annual Report on Form 20-F

Written by Customer Service on May 23, 2022. Posted in Public Companies.

Shanghai, China, May 23, 2022 (GLOBE NEWSWIRE) — Meta Data Limited (formerly known as OneSmart International Education Group Limited) (the “Company”) (NYSE: AIU) announces that it has filed its annual report on Form 20-F for the fiscal year ended August 31, 2021 with the United States Securities and Exchange Commission (the “SEC”), which includes its audited financial statements. Pursuant to Section 203.01 of the New York Stock Exchange (“NYSE”) Listed Company Manual, the requirement for an NYSE-listed company to distribute a hard copy of the annual report to shareholders was eliminated. A listed company is required to file with the SEC its annual reports (which include the audited financial statements) and is required to simultaneously make the annual report available to its shareholders on or through the company’s...

Significant increase in revenue due to high aluminium prices

Written by Customer Service on May 23, 2022. Posted in Earnings Releases And Operating Results.

The Reykjavík Energy Group’s operating revenue in Q1 2022 increased by 14% from the previous year, the main explanation being ON Power’s increased revenue from electricity sales to power-intensive industries. Profit for the period amounted to ISK 6.8 billion but one-time transactions and costly damage to utility systems in February storms increased operating costs for the period compared to Q1 2021. The consolidated financial statements of Reykjavík Energy for Q1 2022 were approved at a meeting of the Board of Directors today. Within the Group are, in addition to the parent company, Veitur Utilities, ON Power, Reykjavík Fibre Network, and Carbfix. High Aluminium Prices Prices of various commodities on the world market have recently risen considerably. This includes aluminium prices, but ON Power’s power sales are partially linked...

Hitachi launches Lumada Inspection Insights and strengthens digital and green portfolio

Written by Customer Service on May 23, 2022. Posted in Public Companies.

Committed to driving customer value and growth by combining world-class IT and OT expertise from Hitachi Energy and Hitachi Vantara within expanded Lumada portfolioCombining the power of the camera with data and AI Combining the power of the camera with data and AIZurich, Switzerland, May 23, 2022 (GLOBE NEWSWIRE) — Hitachi, Ltd. (TSE:6501) today announced the launch of Lumada Inspection Insights, its end-to-end portfolio of digital solutions for the inspection, monitoring, and optimization of critical assets. Pioneered by Hitachi Energy and Hitachi Vantara, Lumada Inspection Insights enables customers to automate asset inspection, support sustainability goals, improve physical security, and reduce risks and impacts related to storms or fires by using powerful artificial intelligence (AI) to analyze photographs and video, including...

IQST – iQSTEL Revenue Increases 40% in the Month of April to $7.4 Million (est.)

Written by Customer Service on May 23, 2022. Posted in Public Companies.

New York, NY, May 23, 2022 (GLOBE NEWSWIRE) — iQSTEL, Inc. (OTCQX: IQST) today announced the company realized $7.4 million in revenue for the month of April 2022 based on preliminary accounting. The revenue in April 2022 increased 40% over the revenue reported in April 2021 and increased 14% over the average monthly revenue reported in Q1 2022. The April revenue does not yet reflect any contribution from the recently acquired Smartbiz and Whisl operations. iQSTEL is well on track to become net income positive and achieve its $90 million revenue forecast. To see a graphical presentation on the company’s financial growth, visit: https://bit.ly/IQSTELGraphsMarch2022 Read the company’s recent CEO update highlighting the company’s cash reserve and overall financial foundation for weathering the prevailing market and still achieving...

Month: May 2022

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