Day: August 29, 2022

Biomerica Reports Fiscal 2022 Year End Results

Biomerica Reports Fiscal 2022 Year End Results

Revenues increase 162% for fiscal 2022 vs fiscal 2021   Revenues for fiscal Q4 2022 up 403% vs. fiscal Q4 2021 IRVINE, Calif., Aug. 29, 2022 (GLOBE NEWSWIRE) — Biomerica, Inc. (Nasdaq: BMRA), (the “Company”) a global provider of advanced medical products, today reported its fiscal 2022 financial results. Net sales for the fiscal year ended May 31, 2022 were $18.9 million as compared to net sales of $7.2 million in fiscal 2021, an increase of $11.7 million, or 162%. Net loss was $4.6 million for fiscal 2022 compared to a net loss of $7.5 million for fiscal 2021. The increased sales for fiscal 2022 was primarily related to the Company’s increase in sales of COVID-19 antigen tests during the year supplemented by an increase in sales of other non-COVID over the counter (OTC) retail products. While the Company continues to sell and...

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Wabash Partners with Northeast Dealers to Expand its North American Footprint

Wabash Partners with Northeast Dealers to Expand its North American Footprint

LAFAYETTE, Ind., Aug. 29, 2022 (GLOBE NEWSWIRE) — Wabash (NYSE: WNC), the visionary leader of connected solutions for the transportation, logistics and distribution industries, today announced it has added two dealers to its industry-leading North American dealer network. Two of the largest dealers in the Northeast, Bergey’s Truck Centers and Allegiance Trucks, will be full line dealers of Wabash parts, services and equipment, including dry and refrigerated van trailers, dry and refrigerated truck bodies and platform trailers. “By further developing our dealer relationships, Wabash can build off of our brands to grow our footprint and further connect our products and services to improve the operations of our customers,” said Kevin Page, Wabash’s senior vice president, customer value creation. “Wabash has been expanding its dealer...

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Fortress Transportation and Infrastructure Investors LLC Announces 2021 K-3 Tax Package

Fortress Transportation and Infrastructure Investors LLC Announces 2021 K-3 Tax Package

NEW YORK, Aug. 29, 2022 (GLOBE NEWSWIRE) — Fortress Transportation and Infrastructure Investors LLC (NASDAQ:FTAI) today announced that its 2021 Schedule K-3 reflecting items of international tax relevance is available online. FTAI shareholders requiring this information may access their Schedule K-3 at www.taxpackagesupport.com/FTAI or by visiting the Investor Center section of FTAI’s website at www.ftandi.com. A limited number of shareholders (primarily foreign shareholders, shareholders computing a foreign tax credit on their tax return and certain corporate and/or partnership unitholders) may need the detailed information disclosed on Schedule K-3 for their specific reporting requirements.  To the extent Schedule K-3 is applicable to your federal income tax return filing needs, we encourage you to review the information contained...

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DMG Blockchain Solutions to Report Q3 2022 Financial Results on August 29, 2022

DMG Blockchain Solutions to Report Q3 2022 Financial Results on August 29, 2022

Conference call to be held on Tuesday, August 30, 2022, at 4:30pm ET VANCOUVER, British Columbia, Aug. 29, 2022 (GLOBE NEWSWIRE) —  DMG Blockchain Solutions Inc. (TSX-V: DMGI) (OTCQB US: DMGGF) (FRANKFURT: 6AX) (“DMG”), a vertically integrated blockchain and cryptocurrency technology company, today announces that it will report third quarter financial results on Monday, August 29, 2022, after the market close. Management will host a conference call on Tuesday, August 30, 2022, at 4:30pm ET. Participants are asked to pre-register for the call through the following link: https://dpregister.com/sreg/10170761/f4406e0628. Please note that registered participants will receive their dial in number upon registration and will dial directly into the call without delay. Those without Internet access or unable to pre-register may dial in by...

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Cumulus Media Creates Music Partnerships Division

Cumulus Media Creates Music Partnerships Division

Cumulus Veteran Greg Frey Spearheads Effort as VP, Music Partnerships ATLANTA, Aug. 29, 2022 (GLOBE NEWSWIRE) — Cumulus Media (NASDAQ: CMLS) today announced VP of Programming Operations Greg Frey has been tapped to lead Music Partnerships, a new division within Cumulus, as VP, Music Partnerships. Frey, a 12-year Cumulus veteran, will serve as the company’s creative liaison with artists, labels, booking agencies, and promoters. Frey will report to Chief Content Officer Brian Philips. Frey will front the team which will develop music marketing partnerships for Cumulus’s 300+ music stations, Westwood One network franchises, and related social/digital platforms. The team’s focus will be on enhancing partnerships, creating value for the music industry as well as new content and revenue opportunities for Cumulus. Frey will be supported...

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Community Redevelopment Formally Launches Mosaic Homes and Redrock Real Estate Investment Services by Closing First Transactions

Community Redevelopment Formally Launches Mosaic Homes and Redrock Real Estate Investment Services by Closing First Transactions

Part of strategic repositioning of the company to focus on asset and revenue growth Annapolis, Maryland, Aug. 29, 2022 (GLOBE NEWSWIRE) — Mosaic Homes, LLC, a subsidiary of Community Redevelopment (OTC Markets: CRDV), a build and renovate for sale company, announced the acquisition of its first property in Baltimore, Maryland.  The newly acquired rowhome property will be the first of several strategic acquisitions in the City of Baltimore.  Richard Balles, Head of Development for CRDV, stated that, “Twenty percent of the housing stock of Baltimore is vacant and Mosaic Homes is helping to revitalize neighborhoods by purchasing these vacant homes and renovating them – providing individuals and families the opportunity to purchase homes in their local neighborhoods.  Closing the first Baltimore acquisition is a significant...

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Nokia Corporation: Repurchase of own shares on 29.08.2022

Nokia Corporation: Repurchase of own shares on 29.08.2022

Nokia CorporationStock Exchange Release29 August 2022 at 21:00 EEST Nokia Corporation: Repurchase of own shares on 29.08.2022 Espoo, Finland – On 29 August 2022 Nokia Corporation (LEI: 549300A0JPRWG1KI7U06) has acquired its own shares (ISIN FI0009000681) as follows: Trading venue (MIC Code) Number of shares Weighted average price / share, EUR* XHEL 224,045 4.82 CEUX 19,371 4.82 AQEU 6,816 4.81 TQEX 1,768 4.82 Total 252,000 4.82 * Rounded to two decimals On 3 February 2022, Nokia announced that its Board of Directors is initiating a share buyback program under the authorization granted by Nokia’s Annual General Meeting on 8 April 2021 to return up to EUR 600 million of cash to shareholders in tranches over a period of two years. The first phase of the share buyback program in compliance with the Market Abuse Regulation (EU)...

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Verizon “Fuels the Love” in The Big D

Verizon “Fuels the Love” in The Big D

Part of the company’s #ACallForKindness campaign which aims to make the world a kinder place, one act at a time DALLAS, Aug. 29, 2022 (GLOBE NEWSWIRE) — Dozens of drivers who visited Green Spot Market & Fuels in Dallas had the opposite of a case of the Mondays today as they were surprised with a free tank of gas as part of Verizon’s “Fuel the Love” campaign. Dallas joins Madison, Portland, Phoenix, Indianapolis, Tampa, Las Vegas and Cincinnati as locations where Verizon, the network America relies on, has surprised and delighted people all in the name of kindness. “The great thing about kindness is it really is something all of us can do to make the world a better place – whether it’s paying it forward or simply opening the door for someone – all of these acts add up,” said Jarrett Dawson, Consumer Sales Director...

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Pearl River Announces Amendment to the Terms of its Joint Venture

Pearl River Announces Amendment to the Terms of its Joint Venture

LONDON, Ontario, Aug. 29, 2022 (GLOBE NEWSWIRE) — PEARL RIVER HOLDINGS LIMITED (“Pearl River”) (TSXV: PRH) is pleased to announce that the termination date for Pearl River’s joint venture, Guangzhou Rodman Plastics Company Limited (“GRPC”), which was established in the People’s Republic of China, has been removed pursuant to amended Articles of Association under laws of People’s Republic of China dated August 29 2022, ‎and a revised joint venture agreement dated August 29, 2022 between Pearl River’s indirect wholly owned subsidiary, Rodman Enterprises Limited (“REL”)‎, and ‎‎Guangzhou Plastic Industrial Group ‎Co., Ltd. (“PRC Party”), a company ultimately controlled by the People’s Republic of China (collectively, the “Amending Documents”). As a result of the Amending Documents, there no longer is a fixed termination date for the...

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World Insurance Associates Expands Midwest Presence with Acquisition of Woody Insurance Group

World Insurance Associates Expands Midwest Presence with Acquisition of Woody Insurance Group

Iselin, NJ, Aug. 29, 2022 (GLOBE NEWSWIRE) — World Insurance Associates LLC (“WIA”), a Top 50 Insurance Brokerage, announced today that it acquired The Woody Insurance Group   (“Woody Insurance”)  of  Prairie Village, KS on August 1, 2022. Terms of the transaction were not disclosed. The Woody Insurance Group has been providing insurance to individuals and businesses in the Kansas and Missouri communities for over 20 years. They also have a focus on the construction industry.  “Our top goal is to make the insurance-buying process easy and thorough for our customers,” says Chris Woody, President, The Woody Insurance Group. “We provide highly customized solutions to any business or personal need and look forward to continuing this approach as part of World.”  “I’m pleased to welcome Woody Insurance to the World family,” says Rich...

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