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Day: July 13, 2022

Ceridian Announces Date of Second Quarter 2022 Earnings

TORONTO and MINNEAPOLIS, July 13, 2022 (GLOBE NEWSWIRE) — Ceridian (NYSE: CDAY; TSX: CDAY), a global leader in human capital management (HCM) technology, announced today that it will release second quarter 2022 earnings after the close of regular market trading on Wednesday, August 3, 2022. The company will host a live webcast at 5:00 p.m. Eastern Time to discuss the financial results. The event can be accessed via direct registration link or through the Ceridian Investor Relations website. A replay and transcript will be available after the conclusion of the live event on the Ceridian Investor Relations website. About Ceridian Ceridian is a global human capital management software company. Dayforce, the flagship cloud HCM platform, provides human resources, payroll, benefits, workforce management, and talent management functionality....

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Ocean Power Technologies, Inc. Announces Fourth Quarter and Full-Year Fiscal 2022 Results

Revenues Increased in Fiscal 2022 as Company Executes Its Growth Strategy to be the Offshore Leader of Data-as-a-Service and Power-as-a-Service MONROE TOWNSHIP, N.J., July 13, 2022 (GLOBE NEWSWIRE) — Ocean Power Technologies, Inc. (“OPT” or “the Company”) (NYSE American: OPTT), a leader in innovative and cost-effective low-carbon marine data, power, and consulting service solutions, today announced financial results for its fourth quarter and full-year ended April 30, 2022. Q4 HIGHLIGHTS:Revenues increased to $756,000 in Q422, driven by growth of Strategic Consulting Services. Continued development of its proprietary next-generation Maritime Domain Awareness (“MDA”) solution, configured to provide cyber-secure autonomous monitoring of large ocean areas, such as windfarms, marine protected areas,...

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Frequency Electronics, Inc. Announces Year End Fiscal Year 2022 Financial Results

MITCHEL FIELD, N.Y., July 13, 2022 (GLOBE NEWSWIRE) — Frequency Electronics, Inc. (“FEI” or the “Company”) (NASDAQ-FEIM) is reporting revenues for the fiscal year ended April 30, 2022, of $48.3 million compared to revenues of $54.3 million for the fiscal year, ended April 30, 2021. Operating loss for fiscal 2022 was $8.0 million compared to an operating loss of $958,000 for fiscal 2021. Net loss for fiscal year 2022 was $8.7 million or ($0.93) per diluted share compared to net income of $680,000 or $0.07 per diluted share for fiscal 2021. FEI Interim President and CEO, Thomas McClelland commented, “Fiscal 2022 was a difficult year. Revenues in the FEI-New York segment were down year over year and fourth quarter fiscal 2022 revenues were also down as compared to fourth quarter fiscal 2021. In addition, we experienced a substantial...

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Atos expects limited impacts from change in its credit rating

Press Release Atos expects limited impacts from change in its credit rating Paris – July 13, 2022 – Today, S&P Global lowered Atos credit rating from BBB- with a negative outlook, to BB with a negative outlook. This rating change should have limited impacts on its operations and financing. The impact of this rating change on Atos debt structure and cost of debt is very limited, as the only current debt instrument which cost is subject to a rating grid is the €2.4 bn revolving credit facility, that remains almost fully undrawn as of today. Bond terms remain unchanged. On June 14th, 2022, Atos presented its project under study to split into two publicly listed companies and to implement an ambitious transformation plan. This project, which has already triggered tremendous motivation and engagement from employees, and has been...

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Terranueva Closes a Private Placement of Debentures for $2,950,000

L’ASSOMPTION, Québec, July 13, 2022 (GLOBE NEWSWIRE) — Terranueva Corporation (CSE: TEQ) (“Terranueva” or the “Corporation”) announces the closing of a non-brokered private placement of second rank convertible debentures for an aggregate gross principal amount of $2,950,000 paid in cash and bearing an interest rate of 5% per annum (the “Offering”). The principal amount and interest are payable in five years, namely at the maturity of July 12, 2027, and the principal amount is convertible at any time until July 13, 2025, at the option of the holder, into voting common shares of the share capital of Terranueva (“Common Shares”) at a conversion price of $0.08 per Common Share. The debentures will be secured by a second rank hypothec on the universality of the Corporation’s...

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STEMTECH CORPORATION COMMENTS ON RECENT MARKET ACTIVITY

MIRAMAR, FL, July 13, 2022 (GLOBE NEWSWIRE) — Stemtech Corporation (“Stemtech”) (OTCQB:STEK), was notified by OTC Markets at close of business Friday July 8th regarding a certain stock promotion which relates to our company’s stock. This press release is made by the Board to publicly comment on this Notice received by OTC Markets. At close of business this past Friday, July 8th, OTC Markets notified our Company of a foreign stock promotion which we were unaware of, and provided Stemtech Corporation with a copy of an article from a UK web site called “World Finance”, which emphatically predicted share price appreciation in the Stem Cell arena in general, and our Company in particular. This promotion apparently based their material solely upon the past history of one of our Directors from publicly available material. Neither the...

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Toll Brothers Named to Forbes Best Employers for Diversity List

Enclave at Chatham – Clubhouse Chatham, NJFORT WASHINGTON, Pa., July 13, 2022 (GLOBE NEWSWIRE) — Toll Brothers, Inc. (NYSE:TOL) (www.Tollbrothers.com), the nation’s leading builder of luxury homes, today announced it has been named to the 2022 Forbes Best Employers for Diversity list. The annual list highlights large companies in the U.S. that are leading the way in the areas of diversity and inclusion. “We are honored to be recognized by Forbes magazine for our diversity and inclusion efforts,” said Douglas C. Yearley, Jr., chairman and chief executive officer of Toll Brothers. “At Toll Brothers, we strive to foster an environment where all employees are treated with fairness, dignity, and respect. This includes creating an inclusive culture, increasing the diversity of voices at all levels of our organization, and hiring...

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Air France-KLM and Apollo sign a definitive agreement for a EUR 500 million investment into an ad hoc operating affiliate of Air France owning spare engines

Paris, July 13th2022 Air France-KLM and Apollo sign a definitive agreement for a EUR 500 million investment into an ad hoc operating affiliate of Air France owning spare engines Air France-KLM and Apollo Global Management (NYSE: APO) today announced the signing of a definitive agreement for Apollo-managed funds and entities to make a EUR 500 million investment into an ad hoc operating affiliate of Air France that will own a pool of spare engines dedicated to the airline’s Engineering and Maintenance activities. Under this agreement, Apollo affiliated entities will subscribe to perpetual bonds issued by the ad hoc operating affiliate, which will be accounted as equity under IFRS. The proceeds of the transaction will enable Air France-KLM and Air France to further redeem the French State perpetual bonds, in accordance with the article 77...

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Millicom (Tigo) signs FTTH wholesale network agreement with Ufinet in Bogota

Millicom (Tigo) signs FTTH wholesale network agreement with Ufinet in Bogota Luxembourg, July 13, 2022 – Millicom announces that its operation in Colombia (“Tigo Colombia”) has entered into a wholesale network access agreement with Ufinet. Under the terms of the agreement, Tigo Colombia will be able to offer Tigo-branded broadband internet, PayTV, telephony and over-the-top services to residential and business customers using Ufinet’s extensive fiber-to-the-home (“FTTH”) network in Bogota. The partnership is expected to accelerate Tigo’s growth by extending the company’s leading-edge digital connectivity services to reach more Colombians in a capital-light manner. Ufinet’s network currently covers 250,000 homes and businesses, a figure that is expected to reach 320,000 by the end of 2022. -END- For further information, please contact:...

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Saia LTL Freight Honored as a “G75” Green Supply Chain Partner

JOHNS CREEK. Ga., July 13, 2022 (GLOBE NEWSWIRE) — Saia Inc. (NASDAQ: SAIA) is pleased to announce that Inbound Logistics has again named Saia LTL Freight to its “G75” Green Supply Chain Partners list. Saia is a multi-year recipient of the honor that has dedicated considerable time and effort to implementing innovative ways to reduce its carbon footprint. On an annual basis, the magazine selects 75 companies that go “above and beyond to prioritize green initiatives and help global supply chains become more sustainable.” The selection process involves an evaluation of the company based on specific criteria including the company’s corporate sustainability initiatives, collaborative customer-driven projects, and participation in public-private partnerships. Additionally, they consider four benchmarks such as measurable...

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