Day: September 26, 2022

INDIEV, INC. AND MALACCA STRAITS ACQUISITION COMPANY LIMITED ENTER BUSINESS COMBINATION AGREEMENT

INDIEV, INC. AND MALACCA STRAITS ACQUISITION COMPANY LIMITED ENTER BUSINESS COMBINATION AGREEMENT

DEVELOPER OF INDI ONE ELECTRIC VEHICLE PLANS TO GO PUBLIC ON NASDAQ CAPITAL MARKET Los Angeles CA, Sept. 26, 2022 (GLOBE NEWSWIRE) — Indiev, Inc. (“INDIEV”), an electronic vehicle company specializing in the design of next generation electric vehicles, and Malacca Straits Acquisition Company Limited (Nasdaq: MLAC) (“Malacca”), a special purpose acquisition company (SPAC), today announced they have entered into a definitive merger agreement for a business combination that will result in INDIEV becoming a wholly-owned subsidiary of Malacca. INDIEV was founded in 2017 on the idea that the future of personal mobility will no longer be defined solely by horsepower or top speed, but rather from the connectivity, customizability, and processing power offered to drivers and passengers. Currently, the gap between the level of computing...

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Reykjavík Energy CEO to retire

Reykjavík Energy CEO to retire

At today’s meeting of Reykjavík Energy’s (OR; Orkuveita Reykjavíkur) Board of Directors, CEO Bjarni Bjarnason announced that he intends to step down as CEO with the following entry to the Board’s minutes: On March 1st 2023, exactly 12 years have passed since I took over the position of CEO of Reykjavík Energy. It is my wish to step down as CEO at that juncture. By announcing my retirement well in advance, I want to give the Board the opportunity to start looking for a successor, male or female. A new municipal electoral term has now begun, and a new Board will be elected for Reykjavík Energy. The new Board will probably begin its journey with strategic planning for the Group for the coming years. I believe it is important that the Board has the opportunity to do that with my successor. Therefore, I believe that this is the right time for...

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UFP Industries names Will Schwartz president of UFP Retail Solutions

UFP Industries names Will Schwartz president of UFP Retail Solutions

GRAND RAPIDS, Mich., Sept. 26, 2022 (GLOBE NEWSWIRE) — UFP Industries (Nasdaq: UFPI) today announced that Will Schwartz has been named president of UFP Retail Solutions, LLC, effective January 1, 2023. UFP Retail Solutions is an approximately $4 billion segment of UFP Industries that specializes in yard and home products, including brands such as ProWood pressure-treated lumber; Deckorators decking and accessories; UFP-Edge siding, pattern and trim; and Outdoor Essentials fencing and lawn and garden products. Will replaces Allen Peters, who is moving into the newly created role of executive vice president of innovation. “From humble beginnings, Will began as a trainee fresh out of college and has built an impressive career at UFP Industries by taking on more skills and responsibilities. He has earned a reputation as a leader who...

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StorageVault Appoints Andrew Brown as President of RecordXpress

StorageVault Appoints Andrew Brown as President of RecordXpress

TORONTO, Sept. 26, 2022 (GLOBE NEWSWIRE) — STORAGEVAULT CANADA INC. (“StorageVault”) (SVI-TSX) is pleased to announce the appointment of Andrew Brown to the position of President – RecordXpress. Andrew will oversee StorageVault’s records and information management business as we continue to introduce integrated Records Management, Data Management, Digital Services, Shredding, Warehousing, and Fulfillment solutions for our customers across Canada. “Andrew brings strong leadership experience to our records, information management and digital platform,” said Steven Scott, CEO of StorageVault.  “His breadth of knowledge across sales, strategy and operations will accelerate growth and help realize our vision for RecordXpress.  We are extremely excited to add Andrew’s proven leadership and strong understanding of the Canadian business...

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Scorpio Tankers Announces Repurchases of Its Common Shares

Scorpio Tankers Announces Repurchases of Its Common Shares

MONACO, Sept. 26, 2022 (GLOBE NEWSWIRE) — Scorpio Tankers Inc. (NYSE:STNG) (“Scorpio Tankers,” or the “Company”) announced today that it has purchased its common shares in the open market. Purchase of Common Shares Today, the Company purchased 222,396 of its common shares in the open market at an average price of $41.27 per share as part of the Company’s securities repurchase program. About Scorpio Tankers Inc. Scorpio Tankers Inc. is a provider of marine transportation of petroleum products worldwide. Scorpio Tankers Inc. currently owns, lease finances or bareboat charters-in 113 product tankers (39 LR2 tankers, 60 MR tankers and 14 Handymax tankers) with an average age of 6.7 years. Additional information about the Company is available at the Company’s website www.scorpiotankers.com, which is not a part of this press release. Forward-Looking...

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Freddie Mac Issues Monthly Volume Summary for August 2022

Freddie Mac Issues Monthly Volume Summary for August 2022

MCLEAN, Va., Sept. 26, 2022 (GLOBE NEWSWIRE) — Freddie Mac (OTCQB: FMCC) today posted to its website its Monthly Volume Summary for August 2022, which provides information on Freddie Mac’s mortgage-related portfolios, securities issuance, risk management, delinquencies, debt activities, and other investments. Freddie Mac makes home possible for millions of families and individuals by providing mortgage capital to lenders. Since our creation by Congress in 1970, we’ve made housing more accessible and affordable for homebuyers and renters in communities nationwide. We are building a better housing finance system for homebuyers, renters, lenders, and taxpayers. Learn more at FreddieMac.com, Twitter @FreddieMac, and Freddie Mac’s blog FreddieMac.com/blog. MEDIA CONTACT: Fred Solomon703-903-3861Frederick_Solomon@freddiemac.com INVESTOR...

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Toll Brothers Announces New Luxury Home Community in Tesoro Club on Florida’s Treasure Coast

Toll Brothers Announces New Luxury Home Community in Tesoro Club on Florida’s Treasure Coast

Toll Brothers at Tesoro Club Toll Brothers announced its newest luxury home country club community, Tesoro Club in Port St. Lucie, Florida, opening in summer 2023. Toll Brothers at Tesoro Club “With floor plans designed for today’s buyers and unrivaled personalization options offered on-site, Toll Brothers at Tesoro Club will offer residents the best in luxury country club living in one of Port St. Lucie’s most desirable communities,” said Fred Pfister, Division President of Toll Brothers in Southeast Florida. Port St. Lucie, Fla., Sept. 26, 2022 (GLOBE NEWSWIRE) — Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, today announced its newest community of single-family homes, Toll Brothers at Tesoro Club, is coming soon to the Treasure Coast of Florida. Located within the premier master-planned golf...

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Ingredion Incorporated Declares Quarterly Dividend of $0.71 Per Share, 9% Increase From Prior Quarter; Board Authorizes Repurchase of Up to 6 Million Shares of Common Stock

Ingredion Incorporated Declares Quarterly Dividend of $0.71 Per Share, 9% Increase From Prior Quarter; Board Authorizes Repurchase of Up to 6 Million Shares of Common Stock

WESTCHESTER, Ill., Sept. 26, 2022 (GLOBE NEWSWIRE) — Today, the board of directors of Ingredion Incorporated (NYSE: INGR) declared a quarterly dividend of $0.71 per share on the Company’s common stock, an increase of 9% over the previous quarter’s dividend per share. The dividend is payable on October 25, 2022, to stockholders of record at the close of business on October 6, 2022. This is the eighth consecutive year Ingredion’s board approved a quarterly dividend increase in the third quarter. Ingredion also announced that its board of directors has authorized the repurchase of up to 6 million shares of the Company’s common stock from September 26, 2022, through December 31, 2025, under a new stock repurchase program. This stock repurchase program replaces the prior stock repurchase program, which had approximately 3.8 million...

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Brookline Bancorp, Inc. and PCSB Financial Corporation Announce Election Deadline

Brookline Bancorp, Inc. and PCSB Financial Corporation Announce Election Deadline

BOSTON and YORKTOWN HEIGHTS, N.Y., Sept. 26, 2022 (GLOBE NEWSWIRE) — Brookline Bancorp, Inc. (NASDAQ: BRKL) (“Brookline”) and PCSB Financial Corporation (NASDAQ: PCSB) (“PCSB”) announced today the deadline for stockholders of PCSB to elect the form of consideration that they wish to receive in PCSB’s pending merger with Brookline.   The closing of the merger remains subject to customary closing conditions, including receipt of approvals from various federal and state regulatory agencies. PCSB stockholders who wish to elect to receive either Brookline common stock or cash, or a combination of stock and cash, in exchange for their shares of PCSB common stock must deliver a properly completed Election Form and Letter of Transmittal, together with their PCSB stock certificate(s), if any, to Broadridge Corporate Issuer Solutions Inc....

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Brookline Bancorp, Inc. and PCSB Financial Corporation Announce Election Deadline

Brookline Bancorp, Inc. and PCSB Financial Corporation Announce Election Deadline

BOSTON and YORKTOWN HEIGHTS, N.Y., Sept. 26, 2022 (GLOBE NEWSWIRE) — Brookline Bancorp, Inc. (NASDAQ: BRKL) (“Brookline”) and PCSB Financial Corporation (NASDAQ: PCSB) (“PCSB”) announced today the deadline for stockholders of PCSB to elect the form of consideration that they wish to receive in PCSB’s pending merger with Brookline. The closing of the merger remains subject to customary closing conditions, including receipt of approvals from various federal and state regulatory agencies. PCSB stockholders who wish to elect to receive either Brookline common stock or cash, or a combination of stock and cash, in exchange for their shares of PCSB common stock must deliver a properly completed Election Form and Letter of Transmittal, together with their PCSB stock certificate(s), if any, to Broadridge Corporate Issuer Solutions Inc....

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