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Day: August 18, 2022

CFC Issues Second Sustainability Bond to Support Electric Cooperatives

DULLES, Va., Aug. 18, 2022 (GLOBE NEWSWIRE) — The National Rural Utilities Cooperative Finance Corporation (CFC) has announced the successful issuance of its second Sustainability Bond. Under CFC’s Sustainability Bond Framework, the company can use the proceeds to finance electric cooperatives’ broadband and renewable projects that can make the most positive social and environmental impact in their communities. The net proceeds from this bond issuance will be allocated exclusively to finance broadband projects that provide access to essential service for underserved and rural populations. CFC’s $400,000,000 Sustainability Bond has a 10-year term and a 4.15 percent annual coupon. “CFC and our member cooperatives are focused on providing essential services to rural Americans, including many underserved communities, which is a core...

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Ponce Financial Group, Inc. announces formation of a Management Committee on Environmental, Social & Governance

NEW YORK, Aug. 18, 2022 (GLOBE NEWSWIRE) — Ponce Financial Group, Inc. (the “Company”) (NASDAQ: PDLB), the holding company for Ponce Bank, announced that the Company has formed an Environmental, Social & Governance (“ESG”) Committee comprised of the Executive Management Team that reports directly to the Board of Directors. The ESG Committee has adopted an ESG charter and policy to oversee and manage the Company’s ESG initiatives. The first phase of the initiative is to perform a company-wide assessment of the Company’s energy infrastructure to develop greener and greater results while optimizing cost saving measures for the Company. The Company also intends to perform a full-facility energy audit on an ongoing basis to assess and address any material gaps. The Company is fully committed to implementing the necessary steps...

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Capital Power considers first ever Green hybrid subordinated debt securities offering in Canada

EDMONTON, Alberta, Aug. 18, 2022 (GLOBE NEWSWIRE) — Capital Power Corporation (“Capital Power” or the “Company”) (TSX:CPX) announced today that it is considering an offering of the first ever Green hybrid subordinated debt securities (the “Notes”) in Canada under its short form base shelf prospectus dated June 10, 2022. If a successful offering is priced and completed, the Company intends to allocate an amount equal to the net proceeds from the sale of the Notes to finance or refinance new or existing “green” investments that meet the eligibility criteria as described in the Company’s Green Financing Framework. Pending such allocation, the Company expects to use the net proceeds from the sale of the Notes to redeem the Company’s outstanding Cumulative Minimum Rate Reset Preference Shares, Series 9 (TSX: CPX.PR.I) (the “Preferred...

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Federal Circuit Rules in Favor of Eagle Pharmaceuticals in Vasopressin Litigation

WOODCLIFF LAKE, N.J., Aug. 18, 2022 (GLOBE NEWSWIRE) — Eagle Pharmaceuticals, Inc. (Nasdaq: EGRX) (“Eagle” or the “Company”) today announced that the U.S. Court of Appeals for the Federal Circuit affirmed the U.S. District Court for the District of Delaware’s decision that Eagle’s vasopressin product does not infringe on any of the patents asserted by Par Pharmaceutical, Inc. (“Par”). Par previously sued Eagle in 2018, alleging infringement of several of its patents and a trial was held in July 2021. The District Court held that Eagle did not infringe on any of Par’s patents, and Par appealed. Oral arguments were held before the Federal Circuit in July 2022. Today, the Federal Circuit issued its decision rejecting Par’s arguments and affirming the District Court’s finding of non-infringement. Eagle was the first to file an Abbreviated...

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BIGG Digital Assets Inc. Hires Hybrid Financial to Provide Investor Relations and Consulting Services

VANCOUVER, British Columbia, Aug. 18, 2022 (GLOBE NEWSWIRE) — BIGG Digital Assets Inc. (“BIGG” or the “Company”)(CSE: BIGG; OTCQX: BBKCF; WKN: A2PS9W), owner of Netcoins (Netcoins.ca) (“Netcoins”), the online cryptocurrency brokerage that makes it easy for Canadians to buy, sell, and understand cryptocurrency, and owner of Blockchain Intelligence Group (blockchaingroup.io) (“BIG”), a leading developer of blockchain technology search, risk-scoring and data analytics solutions, is pleased to announce Hybrid Financial, a leading investor relations and capital markets advisory firm, will provide investor relations and consulting services to the Company. Hybrid Financial is a sales and distribution company that actively connects issuers to the investment community across North America. Using a data driven approach...

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Zenfolio introduces PhotoRefine.ai, Artificial Intelligence that helps photographers sort, group and select photos

An advanced technology solution to better manage the ever-increasing number of photosZenfolio launches PhotoRefine.ai Zenfolio introduces PhotoRefine.ai, Artificial Intelligence that helps photographers sort, group and select photosMenlo Park, Aug. 18, 2022 (GLOBE NEWSWIRE) — Zenfolio, the market leading website builder and business resource for photographers, is launching PhotoRefine.ai – a cutting-edge application that employs artificial intelligence (AI) to vastly reduce the amount of time photographers typically spend grouping, rating and culling images after a photo session. With a focus on privacy and security, images are analyzed locally on the photographer’s computer, without using personal information on the subjects in the photos. “Zenfolio again is leading the way by introducing exclusive, advanced AI technology...

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DIAGNOS Receives Regulatory Approval from the Costa Rica Health Agency for its Artificial Intelligence Enabled Pathology Detection Systems

BROSSARD, Quebec, Aug. 18, 2022 (GLOBE NEWSWIRE) — DIAGNOS Inc. (“DIAGNOS”, the “Corporation” or ”we”) (TSX Venture: ADK) (OTCQB: DGNOF) a leader in early detection of critical health issues through the use of its FLAIRE platform based on Artificial Intelligence (AI), is proud to announce the receipt of approval from the Costa Rican regulatory agency (Ministerio de Salud) for its Artificial Intelligence enabled Pathology Detection Systems. DIAGNOS’ platform has been approved for having complied with the legal requirements and applicable regulations. Valid for a period of five years, this approval allows the immediate commercial deployment of DIAGNOS’ Pathology Detection Systems in Costa Rica. The registration will be held for DIAGNOS by Costa Rica based Aselcom, a highly respected local partner specialized in the sale of medical...

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Rackspace Technology has been named a Leader in the 2022 ISG Provider Lens – Microsoft Ecosystems Partners US Report Azure MSP Quadrant

SAN ANTONIO, Aug. 18, 2022 (GLOBE NEWSWIRE) — Rackspace Technology® (NASDAQ: RXT), the leader in end-to-end multicloud solutions, today announced that the company has been recognized as a leader in the 2022 ISG Provider Lens – Microsoft Ecosystems Partners US Report Azure MSP Quadrant. ISG, a leading global technology research and advisory firm, and the ISG Provider Lens™ Quadrant reports, provide valuable insights to enterprise buyers on the strengths, competitive differentiators, and unique selling points of leading service providers serving each market. The 2022 ISG Provider Lens – Microsoft Ecosystems Partners Quadrant Report U.S. focuses on what ISG perceives as most critical in 2022 for the five key areas of the Microsoft ecosystem in the U.S.: Managed Services for Azure, Microsoft 365 Services, SAP on Azure Services, Dynamics...

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Eimskip: Results for Q2 2022

HIGHLIGHTS OF Q2 2022 RESULTS Strong performance of the container liner in the quarter despite substantial cost increases.High utilization on back of good volume, especially in import to Iceland and Trans-Atlantic services. Export volume in Iceland lower than last year due to e.g. Ukraine war, less groundfish and lower salmon harvesting. Financial contribution from Trans-Atlantic services substantially higher than last year, supported by rates and volume that reflect the high demand for transportation primarily from Europe to North-America.International forwarding performing well financially despite lower volume.Capacity constraints and equipment shortage by deep sea lines in international markets started to ease during the quarter while trucking remained a bottleneck.Domestic Iceland performing well driven by overall high...

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