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Day: September 2, 2022

Cure Pharmaceutical Reports Second Quarter 2022 Results With Increased Sequential Revenues and Strong Margins

Balance Sheet and Governance Strengthened with Asset Sale and Board Appointments New Marketing Programs Showing Encouraging Early Results OXNARD, Calif., Sept. 02, 2022 (GLOBE NEWSWIRE) — CURE Pharmaceutical Holding Corp. (OTC: CURR) (“CURE”), a proprietary broad platform and wellness technology company, today announced results for the quarter ended June 30, 2022. Key operational highlights included the following: Gross revenue of $1.6 million reflected an increase of 31.2% from Q1 to Q2 with further acceleration expected in Q3 and Q4. Gross margins increased and we expect the high margin sales to accelerate with our new marketing initiatives. SG&A expenses (excluding stock-based compensation) decreased by $3.4 million in the first half of 2022. Cost reductions and operating leverage helped narrow operating loss by $1.0 million...

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Form 8.3 – AXA INVESTMENT MANAGERS: Darktrace Plc

FORM 8.3 AMENDMENT: CHANGE TO SECTION 2 AND REMOVAL OF SUPPLIMENTAL TABLE PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORERule 8.3 of the Takeover Code (the “Code”) 1.        KEY INFORMATION(a)   Full name of discloser: AXA Investment Managers S.A.(b)   Owner or controller of interests and short positions disclosed, if different from 1(a):        The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.  (c)   Name of offeror/offeree in relation to whose relevant securities this form relates:        Use a separate form for each offeror/offeree Darktrace plc(d)   If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:  (e)   Date...

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UTStarcom Reports Unaudited Financial Results for First Half of 2022

HANGZHOU, China, Sept. 02, 2022 (GLOBE NEWSWIRE) — UTStarcom (“UT,” “UTStarcom” or the “Company”) (NASDAQ: UTSI), a global telecommunications infrastructure provider, today reported its unaudited financial results for the six months ended June 30, 2022, and provided a business update. Business UpdateProgress in Collaboration with China Unicom Research Institute on Development of 5G Transport Network Solution. Since 2020, China Unicom’s Research Institute has collaborated with UTStarcom to develop its own White Box Router (WBR) Network Operating System (NOS), named “CUNOS”. The recently completed Phase 2 development, which offers many new features critical for the intended use of the solution on China Unicom’s 5G networks. This important milestone opens a path for deeper cooperation on both hardware platforms and software solutions...

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With 8.02% CAGR, Accounting Software Market Worth USD 20.4 Billion by 2026

According to Fortune Business Insights, the global accounting software market size is projected to reach USD 20.4 billion in 2026, at a CAGR of 8.02% during the forecast period, 2019-2026 Pune, India, Sept. 02, 2022 (GLOBE NEWSWIRE) — The global accounting software market size is estimated to reach USD 20.4 billion by 2026 at 8.02% CAGR during the forecast period. Fortune Business Insights™ has shared this information in its latest research report titled, “Accounting Software Market Forecast, 2019-2026.” As per the report, the global market size stood at USD 11.07 billion in 2018. The rapid shift from the traditional way of managing financial records to adopting an accounting information system is the key trend in global market. The growing demand for computerized accounting across different end-use industries is surging the adoption...

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SFL – Acquisition of two newbuild feeder container vessels with long term charters

SFL Corporation Ltd. (NYSE: SFL) (“SFL” or the “Company”) announced today that it has agreed to acquire two new eco-design feeder container vessels in combination with long term time charters to a leading European liner company. The Company expects to take delivery of the vessels from the shipyard in Q3 and Q4 2022. The time charters will run for a period of minimum seven years, with purchase options at the end of year six and seven, including a profit share feature. The fixed rate charter backlog will increase by approximately $120 million, with an EBITDA contribution from the vessels estimated to approximately $13 million per year. Ole B. Hjertaker, CEO of SFL Management AS, said in a comment: «The transaction demonstrates our ability to expand our fleet and existing customer relationships through repeat transactions with swift execution....

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International sleep expert Matthew Walker signs manifesto aimed at getting everyone in the Netherlands to sleep better

manifesto for improving sleep manifesto for improving sleepWith the aim of helping Dutch people get a better night’s rest, Beter Bed has launched a manifesto for improving sleep. Sleep deprivation can affect your body, brain and life expectancy. Matthew Walker, an internationally renowned sleep scientist and author of ‘Why We Sleep’ and TEDx speaker with more than 16 million views, recognises the problem and supports the manifesto with his first signature.  Shaking the Netherlands awake Sleeping well makes you happier, more productive and healthier. One in five Dutch people suffers from some form of sleep deprivation. We can safely say there’s a social problem. It’s time for the whole of the Netherlands to wake up and realise the importance of better sleep, because right now not enough attention is being paid to preventing...

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Proactive news headlines including Piedmont Lithium, Tempus Resources, Creso Pharma Ltd and Southern Gold

Sydney, Sept. 02, 2022 (GLOBE NEWSWIRE) — Proactive, provider of real-time news and video interviews on growth companies listed in Australia, has covered the following companies:Piedmont Lithium Inc (ASX:PLL, NASDAQ:PLL, XETRA:) has selected Etowah, Tennessee in McMinn county as the location to build a 30,000 tonne per annum LHP-2 lithium hydroxide operation, complementing the company’s lithium assets and supporting the development of a fully integrated lithium business in North America. Click here Tempus Resources Ltd (ASX:TMR, TSX-V:TMRR) has raised around $3.9 million through an entitlement offer that closed on August 29. Click here Creso Pharma Ltd (ASX:CPH, OTCQB:COPHF)’s subsidiary Sierra Sage Herbs LLC (SSH) has secured a US$214,000 purchase order for its new all-natural skincare collection in about 400 select Walmart...

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Bekaert to renew its existing liquidity contract

  Bekaert announces that it has decided to renew for one year, effective as of today, the liquidity contract it entered into with Kepler Cheuvreux on 2 September 2021 relating to its ordinary shares admitted to trading on Euronext Brussels (ISIN Code BE0974258874). This contract provides for the purchase and sale by Kepler Cheuvreux of Bekaert shares on the regulated market of Euronext Brussels. Kepler Cheuvreux will be acting in the name and on behalf of Bekaert and within the framework of a discretionary mandate, as authorized by the Extraordinary General Meeting of Bekaert of 13 May 2020. In accordance with the conditions specified by this Extraordinary General Meeting (i) the total number of own shares held by Bekaert pursuant to such authorization shall never exceed twenty per cent of the total number of Bekaert shares outstanding...

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Change in AS LHV Kindlustus Management Board

Jaanus Seppa, the Chairman of the Management Board of AS LHV Kindlustus, a subsidiary of AS LHV Group, will leave his position on 30 September 2022. The Supervisory Board of AS LHV Kindlustus decided to recall Jaanus Seppa from the position of Chairman of the Management Board and appointed Management Board Member Tarmo Koll as Acting Chairman. The search for a new Board Member has started. The decision to elect a new Management Board Member will be adopted by the company’s Supervisory Board after finding the new CEO. Jaanus Seppa has worked at LHV since the spring of 2020, since the founding of the non-life insurance company AS LHV Kindlustus. The company has won the trust of 149,000 customers and grown into an insurer with more than 30 employees. In a short period of time, the company has launched most of the products for retail customers...

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Compagnie Financière Tradition: Net profit Group share up 46.4% to CHF 51.1m

  Ad hoc announcement pursuant to Article 53 of the Six ExchangeRegulation Listing Rules    Lausanne, 2 September 2022Adjusted revenue of CHF 525.1m, up 7.7% at constant exchange rates Adjusted operating profit before exceptional items of CHF 69.3m, for an operating margin of 13.2% Net profit Group share up 46.4% to CHF 51.1m  CHF m   H1 2022   H1 2021 Variation in current currencies Variation in constant currenciesReported (IFRS)        Revenue 483.9 452.0  +7.1% +7.5%Operating profit 43.9 43.8 +0.1% +0.1%Operating margin 9.1 % 9.7 %    Profit before tax 67.4 49.2 +37.0% +39.2%Net profit Group share 51.1 35.5 +44.0% +46.4%         Adjusted*        Revenue 525.1 491.0 +7.0% +7.7%Operating...

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