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Day: September 7, 2022

Saputo Inc. at the Scotiabank Back to School Conference

MONTRÉAL, Sept. 07, 2022 (GLOBE NEWSWIRE) — Saputo Inc. (TSX:SAP) – Saputo today announced that Mr. Lino A. Saputo, Chair of the Board, President and Chief Executive Officer, will present at the Scotiabank Back to School Conference in Toronto on Tuesday, September 13, 2022, at 11:10 a.m. (Eastern Time). The presentation will be webcast and can be accessed on Saputo’s website (www.saputo.com) in the “Investors” section, under “Calendar of Events”. The webcast recording will be available for replay for 90 days. About Saputo Saputo produces, markets, and distributes a wide array of dairy products of the utmost quality, including cheese, fluid milk, extended shelf-life milk and cream products, cultured products, and dairy ingredients. Saputo is one of the top ten dairy processors in the world, a leading cheese manufacturer and fluid...

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Psyence Group Announces Amendment and Closing of Previously Announced Private Placement

Director Resignation TORONTO, Sept. 07, 2022 (GLOBE NEWSWIRE) — Psyence Group Inc. (CSE: PSYG | OTCQB: PSYGF) (“Psyence” or the “Company“), a life science biotechnology company pioneering the use of natural psychedelics in mental health and well-being, is pleased to announce, further to the Company’s press release dated December 2, 2021, the amendment and closing of its first tranche of the previously announced non-brokered private placement offering (the “Private Placement“) raising gross proceeds of CAD$1.273 million. The Private Placement terms were revised from an offering of unsecured convertible promissory notes (the “Notes“) to become an offering of Units (the “Units“). Each Unit consists of one $1,000 Note and one thousand six hundred and sixty-seven (1,667) warrants...

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Reading Glasses Market to Touch $55.25 Billion By 2028 | 57% Consumers Prefer Reading Glasses from Three Brands

Global reading glasses market was valued at USD 44.29 billion in 2021, and it is expected to reach a value of USD 55.25 billion by 2028, at a CAGR of more than 5.4% over the forecast period (2022–2028). Westford, USA, Sept. 07, 2022 (GLOBE NEWSWIRE) — In recent years, there has been an increase in the number of people who are using reading glasses as an everyday accessory across the global reading glasses market. The trend is likely due to the fact that more and more people including adult and children are becoming visually impaired due to age or other reasons. In addition, people who are not facing any difficulty in vision are also making use of reading glasses to avoid strain on eyes. As a result, there is a growing demand for reading glasses from both adults and children. As per SkyQuest analysis, the demand for reading glasses...

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Greenbacker announces monthly share value increase

The upward repricing follows a record first half for the company’s renewable energy fleetGreenbacker solar energy array Sunlight on Greenbacker solar energy arrayNEW YORK, Sept. 07, 2022 (GLOBE NEWSWIRE) — Greenbacker Renewable Energy Company LLC (“GREC,” “Greenbacker,” or the “Company”), a leading green energy investment manager and independent power producer, has announced an upward revision in monthly share value (MSV), with share classes increasing between 1.8% – 2.6% from the Company’s previous MSV that went into effect on August 1, 2022. Across Greenbacker’s respective share classes, that equates to an MSV increase of between $0.16 and $0.21 per share, reflecting continued momentum in the Company’s growth and execution of its business metrics, as well as in the renewable energy asset class as a whole. (For MSV by share...

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IS Kredit SPV 21 hs. – Skráning skuldabréfaflokksins IS Kredit 61 SB

IS Kredit SPV 21 hs., sjóður í rekstri Íslandssjóða, hefur birt lýsingu dagsetta 6. september 2022. Lýsingin samanstendur af tveimur skjölum; útgefandalýsingu og verðbréfalýsingu, og er birt í tengslum við umsókn útgefanda að skuldabréf í flokknum IS Kredit 61 SB verði tekin til viðskipta á Aðalmarkaði Nasdaq Iceland hf. Lýsingin hefur verið staðfest af Fjármálaeftirliti Seðlabanka Íslands. Sótt hefur verið um að skuldabréfin verði tekin til viðskipta. Seld voru skuldabréf að nafnvirði 12.000 m.kr. og falla þau undir nýjan félagslegan fjármögnunarramma Háskólans í Reykjavík sem er vottaður af alþjóðlega vottunarfyrirtækinu S&P Global Ratings. Fyrirtækjaráðgjöf Íslandsbanka hafði umsjón með því ferli að fá lýsinguna staðfesta hjá Fjármálaeftirliti Seðlabanka Íslands og töku skuldabréfaflokksins til viðskipta. Lýsingin ásamt fjármögnunarramma...

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Live Oak Bank Announces Lending Partnership with Ramp

WILMINGTON, N.C., Sept. 07, 2022 (GLOBE NEWSWIRE) — Live Oak Bank announces it has been named a small business lending partner for Ramp, the finance automation platform and corporate card designed to help businesses spend less. Live Oak, the nation’s leading Small Business Administration (SBA) lender, will be a new referral channel for Ramp customers who are looking for capital for long-term growth such as acquiring a new business, growing their existing business and real estate purchases. “We are thrilled to partner with Ramp to deliver SBA loans to a broader base of customers,” said Live Oak Bank President Huntley Garriott. “In addition, this partnership is another step in our embedded banking journey to align with companies who share our belief that business banking can be delivered better and more efficiently to American entrepreneurs.” Ramp...

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FOMO CORP. EXPANDS LEADERSHIP TEAM WITH EXPERIENCED OPERATIONAL EXECUTIVE; LAYS GROUNDWORK FOR FOUNDER’S TRANSITION

Chicago IL, Sept. 07, 2022 (GLOBE NEWSWIRE) — FOMO CORP. (US OTC: FOMC) has enhanced its SMARTSolution Technologies, LP’s (“SST”) subsidiary management team with the appointment of John Raymond to the title of Interim President adding to his operational role as Head of Procurement. The move is part of the Company’s transition plan for Mitchell Schwartz, Founder and CEO of SST, whose contract expires in February 2023 and will join FOMO’s Board of Directors. Mr. Raymond has decades of experience in designing, deploying and maintaining large audio-visual systems for corporate America at Anderson’s and LaZ Boy as well as colleges and universities such as Bowling Green. He previously worked in Interior Communications, 2nd Class US Navy and as Vice President of Zaiser Communications, as Systems Manager at Chapel-Romanoff Technologies,...

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Groupama’s 2022 Half-Year Results

Premium income of €10.6 billion, up +5.5%Strong growth in property and casualty insurance (+8.6%), driven by the good performance of international subsidiaries (+33.2%), particularly in Romania Growth in property and casualty insurance (+2.4%) both in France (+2.3%) and abroad (+3.7%)Economic operating income of €284 million, up +7.6%Economic operating income up, in a complex environment with a high level of weather-related claims in France, accelerating inflation, and rising bond yields Non-life combined ratio of 96.9% Net income of €232 million, in line with our targetsSolvency ratio with transitional measure of 301%A solvency ratio of 215% without transitional measure on technical reserves Group’s IFRS equity of €8.3 billion “Groupama posted very satisfactory results in the first half of 2022, despite a more difficult...

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Transcontinental Inc. Announces Results for the Third Quarter of Fiscal 2022

HighlightsSignificant increase in revenues and net earnings, including organic revenue growth in all three operating sectors. Revenues of $747.8 million for the quarter ended July 31, 2022; operating earnings of $52.1 million; and net earnings attributable to shareholders of the Corporation of $34.1 million ($0.39 per share). Adjusted operating earnings before depreciation and amortization(1) of $113.0 million for the quarter ended July 31, 2022; adjusted operating earnings(1) of $72.6 million; and adjusted net earnings attributable to shareholders of the Corporation(1) of $49.6 million ($0.57 per share). Acquired ERPI (Éditions du renouveau pédagogique inc.), an educational publisher, on June 13, 2022, to pursue the growth strategy for educational products, both print and digital. Acquired Banaplast S.A.S., a flexible packaging company...

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Guidewire Market to Hit Valuation of $978 Million By 2028 | Ireland, India and United States are the Largest Exporters of Guidewire

Global guidewire market was valued at USD 729 Million in 2021, and it is expected to reach a value of USD 978 Million by 2028, at a CAGR of 4.3% over the forecast period (2022–2028). Westford, USA, Sept. 07, 2022 (GLOBE NEWSWIRE) — Guidewire Market growth has increased in recent years, partly because of advances in technology but also due to an increasing number of medical procedures that require it. In particular, guidewire use has soared in cancer surgery, where precision is essential for ensuring recovery rates are high. Another area where guidewire use is on the rise is cardiac surgery. Cardiac surgery involves operations on the heart and other organs, and using a guidewire can help surgeons carry out these procedures more accurately. This not only results in improved patient outcomes but also saves doctors time and resources. While...

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