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Day: September 19, 2022

Instil Bio to Present at Jefferies Cell and Genetic Medicine Summit

DALLAS, Sept. 19, 2022 (GLOBE NEWSWIRE) — Instil Bio, Inc. (“Instil”) (Nasdaq: TIL), a clinical-stage biopharmaceutical company focused on developing tumor infiltrating lymphocyte, or TIL, therapies for the treatment of patients with cancer, today announced that company management will participate in an upcoming investor conference: Jefferies Cell and Genetic Medicine SummitCompany presentation and Q&A: Thursday, September 29, 2022 at 10:30 a.m. ET A live webcast, if recorded, of the presentation can be accessed under “News & Events” in the Investors section of the Company’s website at www.instilbio.com. The archived webcast will be available on the Company’s website shortly after the event. About Instil BioInstil Bio, Inc. (Nasdaq: TIL) is a clinical-stage biopharmaceutical company focused on developing tumor infiltrating...

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Third-party Logistics Market Size Worth USD 1701.2 Billion, Globally, by 2028 at 8.26% CAGR

The Third-party Logistics Market size is expected to grow from USD 976.2 Billion in 2021 to USD 1701.2 Billion by 2028; it is estimated to grow at a CAGR of 8.26% from 2021 to 2028. Availability of custom made services to foster Third-party Logistics (3PL) industry development Pune, India, Sept. 19, 2022 (GLOBE NEWSWIRE) — The global Third-party logistics market size was USD 961.8 billion in 2020. The market is expected to grow from USD 976.2 billion in 2021 to USD 1,701.2 billion in 2028, exhibiting a CAGR of 8.26% during the forecast period. The availability of custom-made services and the rising adoption of advanced technologies are expected to bolster market growth. Fortune Business Insights™ provides this information in its report titled “Third-party Logistics Market, 2021-2028.” Third-party logistics is a business process...

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Hersha Hospitality Trust Announces Reinstatement of Quarterly Cash Dividend

PHILADELPHIA, Sept. 19, 2022 (GLOBE NEWSWIRE) — Hersha Hospitality Trust (NYSE: HT) (“Hersha” or the “Company”), owner of luxury and lifestyle hotels in coastal gateway and resort markets, today announced its Board of Trustees has approved a cash dividend of $0.05 per common share and per limited partnership unit for the third quarter ending September 30, 2022. These common share dividends and limited partnership unit distributions are payable October 17, 2022, to holders of record as of September 30, 2022. The Board of Trustees also declared a cash dividend of $0.4297 per Series C Preferred Share, $0.40625 per Series D Preferred Share, and $0.40625 per Series E Preferred Share for the third quarter ending September 30, 2022. The preferred share dividends are payable October 17, 2022, to holders of record as of October 1, 2022. Mr....

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AutoZone 4th Quarter Same Store Sales Increase 6.2%; 4th Quarter EPS Increases to $40.51; Annual Sales of $16.3 Billion

MEMPHIS, Tenn., Sept. 19, 2022 (GLOBE NEWSWIRE) — AutoZone, Inc. (NYSE: AZO) today reported net sales of $5.3 billion for its fourth quarter (16 weeks) ended August 27, 2022, an increase of 8.9% from the fourth quarter of fiscal 2021 (16 weeks). Domestic same store sales, or sales for stores open at least one year, increased 6.2% for the quarter. “Our results are a testament to our AutoZoners’ ongoing commitment to delivering exceptional customer service every day.  Our retail business performed well this quarter ending with positive same store sales on top of last year’s strong performance.  And, our commercial business growth continued to be exceptionally strong at 22%. The investments we have made in both inventory availability and technology are enhancing our competitive positioning.  We are optimistic about our growth prospects...

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Rubicon Organics Provides Corporate and Operational Update

Reiterates financial guidance for positive Adjusted EBITDA1 profitability in 2022 Completion of BC Hydro power upgrade Maintains strong premium market position of 8.6%2 market share nationallyVANCOUVER, British Columbia, Sept. 19, 2022 (GLOBE NEWSWIRE) — Rubicon Organics Inc. (TSXV: ROMJ) (OTCQX: ROMJF) (“Rubicon Organics” or the “Company”), a licensed producer focused on cultivating and selling organic certified, premium cannabis, is pleased to provide a corporate and operational update for the period ending August 31, 2022. Corporate Update The Company is pleased to reiterate its financial guidance from August 15, 2022 with its current expectation to be operating cashflow positive and Adjusted EBITDA profitable in fiscal 2022. As previously reported, the Company achieved positive Adjusted EBITDA in the three months ended...

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REPEAT — BYND Cannasoft Enterprises Inc. Signs Agreement for the Acquisition of Israeli-Based Zigi Carmel Initiatives & Investments Ltd. In a Share Swap Agreement Valued at US $28 Million

ZC owns the patent pending intellectual property for a CBD-based therapeutic device combined with software designed to treat phenomena related to women’s health issues by regulating the flow of low-concentration CBD oils into the soft tissues of the female reproductive system VANCOUVER, British Columbia, Sept. 19, 2022 (GLOBE NEWSWIRE) — BYND Cannasoft Enterprises Inc. (NASDAQ: BCAN) (CSE: BYND) (“BYND” or the “Company”) announced today that it has signed a share purchase agreement to acquire 100% ownership of Zigi Carmel Initiatives & Investments Ltd. (“ZC”) which holds the patent pending intellectual property for a therapeutic device (the “EZ-G device”) that uses low concentrations of CBD oils, such as hemp seed oil and other natural oils, to treat certain women’s health issues. Under the terms of the share purchase...

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Solar Tracker Market Size to Hit USD 16.73 Billion by 2029 | Exhibit a CAGR of 13.5%

According to Fortune Business Insights, the global solar tracker market was valued at USD 6.05 billion in 2021, and is projected to reach USD 16.73 billion by 2029, growing at CAGR of 13.5% from 2022 to 2029. Increasing demand for renewable energy sources to propel growth of market. Pune, India, Sept. 19, 2022 (GLOBE NEWSWIRE) — The global solar tracker market size is expected to grow from USD 6.88 billion in 2022 to USD 16.73 billion in 2029, exhibiting a CAGR of 13.5% during the forecast period. As per the report, the market is projected to rise during the forecast period due to the growing adoption of renewable sources for power generation. Awareness about Green Energy to augment market growth in coming years. This information is given by Fortune Business Insights™ in a new report, titled, “Solar Tracker Market 2022-2029.” Key...

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OP Financial Group raises its earnings outlook for 2022

OP Financial GroupInside informationStock exchange release 19 September 2022 at 13.15 OP Financial Group raises its earnings outlook for 2022 In its half-year financial report published on 27 July 2022, OP Financial Group expected its earnings before tax for 2022 to be lower than in 2021. Earnings before tax for 2021 were EUR 1,127 million. Based on a new estimate, OP Financial Group’s earnings before tax for 2022 are expected to be at about the same level or higher than in 2021 due to an increase in market rates.  Earnings performance continues to be affected by major uncertainty. Rising inflation and the war in Ukraine, including the related sanctions and counter-sanctions, are expected to substantially weaken the predictability associated with the economy and profit performance. In addition, inflation developments may cause uncertainty...

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RTX Upgrades Revenue And Earnings Guidance For 2021/22

Noerresundby, Denmark, 19 September 2022Announcement no. 16/2022 RTX upgrades its revenue and earnings expectations for the financial year 2021/22 due to a stronger delivery performance in Q4 of 2021/22 than previously expected. The expected revenue in 2021/22 is upgraded from previously above DKK 550 to 610 million to now around DKK 650 million. The increase in expected revenue reflects a delivery performance in Q4 stronger than previously expected. The stronger delivery performance is driven by the component scarcity in the electronics industry beginning to improve, by successful component redesigns and by the absence of other extraordinary supply challenges such as lockdowns affecting production, shipping and logistics etc. in Q4. A shortage of components is still seen, but the situation has improved towards the end of RTX’s financial...

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Bioenergy Market Size Worth USD 642.71 Billion, Globally, by 2027 at 8.0% CAGR: Fortune Business Insights™

Global Bioenergy Market to Rise at 8.0% CAGR till 2027; Advancements in Energy Extraction Technologies from Solid Waste to Generate Novel Growth Opportunities. Pune, India, Sept. 19, 2022 (GLOBE NEWSWIRE) — According to Fortune Business Insights, the global bioenergy market size is anticipated to hit USD 642.71 billion by 2027 from USD 344.90 billion in 2019 and exhibit a CAGR of 8.0% during the forecast period. Deepening commitment to the 2015 Paris Climate Change Agreement will be a critical factor augmenting the growth of this market, shares Fortune Business Insights™ in its report, titled “Bioenergy Market Size, Share & Industry Analysis By Product Type (Solid Biomass, Liquid Biofuel, Biogas, and Others), By Feedstock (Agricultural Waste, Wood and Woody Biomass, Solid Waste and Others), By Application (Power Generation,...

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