Month: September 2022

With 28.6% CAGR, Wireless Speakers Market Worth USD 65.65 billion by 2026

Written by Customer Service on September 15, 2022. Posted in Mergers And Acquisitions.

According to Fortune Business Insights, the global Wireless Speakers Market size is projected to reach USD 65.65 billion by 2026, at a CAGR of 28.6% during the forecast period | Increasing Popularity of Bluetooth-enabled Speakers Worldwide Pune, India, Sept. 15, 2022 (GLOBE NEWSWIRE) — The global wireless speakers market size is anticipated to reach USD 65.65 billion by 2026. The market value was USD 8.93 billion in 2018 and is expected to rise exponentially at a CAGR of 28.6% within the forecast period of 2019 to 2026. on account of the increasing adoption of the internet of things technology. Speakers have emerged as the fastest-growing product in the department of smart home technology. The growing popularity of smart speakers integrated with wireless technology and artificial intelligence is the current wireless speakers market...

With 21.0% CAGR, Global eSports Market Size Worth USD 5.48 Billion in 2029

Written by Customer Service on September 15, 2022. Posted in Mergers And Acquisitions.

According to Fortune Business Insights, the global eSports Market Size is projected to reach USD 5.48 billion in 2029, at CAGR of 21% during forecast period [2022 – 2029]; eSports Market to Grow Gradually; Increasing Number of Online Gamers to Thrust Market Progress Pune, India, Sept. 15, 2022 (GLOBE NEWSWIRE) — The global eSports market size was valued at USD 1.22 billion in 2021 and is expected to reach the valuation of USD 1.44 billion in 2022. The market is expected to reach USD 5.48 billion by 2029 with a CAGR of 21.0% during the forecast period. Increasing live streaming events and benefitting revenue opportunities are expected to have a positive market pathway. Various factors such as important investments, increasing live streaming events of games, engagement activity, growing viewership, and league tournament infrastructure...

Progressive Reports August 2022 Results

Written by Customer Service on September 15, 2022. Posted in Earnings Releases And Operating Results.

MAYFIELD VILLAGE, OHIO, Sept. 15, 2022 (GLOBE NEWSWIRE) — The Progressive Corporation (NYSE:PGR) today reported the following results for August 2022: August(millions, except per share amounts and ratios; unaudited)2022 2021 Change Net premiums written $ 4,081.1 $ 3,890.9 5%Net premiums earned $ 3,835.4 $ 3,513.8 9%Net income (loss) $ 119.7 $ (6.6 ) NMPer share available to common shareholders $ 0.20 $ (0.02 ) NMTotal pretax net realized gains (losses) on securities $ (175.4 ) $ 131.5 (233) %Combined ratio 93.6 105.3 (11.7) pts.Average equivalent common shares 587.2 584.8 0%NM = Not Meaningful August(thousands; unaudited)2022 2021 ChangePolicies in Force Personal Lines Agency – auto 7,606.0 8,013.3 (5)...

Home Automation Market Size [2021-2028] Exhibits 12.3% CAGR to Reach USD 163.24 Billion by 2028

Written by Customer Service on September 15, 2022. Posted in Mergers And Acquisitions.

As per the report by Fortune Business Insights, the global home automation market size is projected to reach USD 163.24 billion in 2028, at a CAGR of 12.3% during the forecast period, 2021-2028 Pune, India, Sept. 15, 2022 (GLOBE NEWSWIRE) — Fortune Business Insights has published latest forecast for home automation market in their report titled, “Home Automation Market Forecast, 2021-2028”. As per the report, the global market size was USD 64.58 billion in 2020. The global home automation market size is projected to grow from USD 72.30 billion in 2021 to USD 163.24 billion in 2028 at a CAGR of 12.3% in the forecast period, 2021-2028. As per the research conducted by our expert analysts, the rising adoption of Internet of Things (IoT) technology is anticipated bolster market growth. Likewise, surging home ownership by millennials...

Restaurants Canada Reports Continued Bumps in the Road to Recovery

Written by Customer Service on September 15, 2022. Posted in Earnings Releases And Operating Results.

Restaurants Canada’s annual Foodservice Facts guide highlights the post-pandemic aftershocks as businesses look to reset, revive and redefine the foodservice industry Toronto, Sept. 15, 2022 (GLOBE NEWSWIRE) — Restaurants Canada, the voice of foodservice, released the 2022 edition of Foodservice Facts, presenting the latest foodservice statistics, trends, forecasts, detailed analysis and invaluable insights for industry leaders. The theme, “Reset. Revive. Redefine” tells a story of a bumpy road to recovery due to rising expenses, low customer counts, high debt, and low profitability. “While nominal sales are expected to return to pre-pandemic levels before the end of the year, traffic still remains below what it was before”, said Christian Buhagiar, President and CEO of Restaurants Canada. “Restaurant operators are struggling financially,...

FTI Consulting Expands Risk and Investigations Practice in Canada with Addition of Anita Patel

Written by Customer Service on September 15, 2022. Posted in Public Companies.

WASHINGTON, Sept. 15, 2022 (GLOBE NEWSWIRE) — FTI Consulting, Inc. (NYSE: FCN) today announced the appointment of Anita Patel as a Senior Managing Director in its Risk and Investigations practice within the Forensic and Litigation Consulting segment. Ms. Patel, who is based in Toronto, brings more than 18 years of experience providing consulting and expert services in forensic and investigative accounting, quantification of complex economic damages and expert litigation support. In her role at FTI Consulting, she will help drive growth and investment in the firm’s forensic investigations, litigation consulting, disputes and compliance services in Toronto and across Canada. “FTI Consulting is the firm to call when organizations are facing complex regulatory enforcement action or situations involving financial crime,” said Andrew...

Cryptyde enters into definitive agreement to acquire Forever 8 Fund, LLC, a fintech company, to drive revenue and power future of Web3

Written by Customer Service on September 15, 2022. Posted in Public Companies.

Forever 8 Fund, LLC is an established e-commerce finance player that has seen consistent growth over the past 18 months SAFETY HARBOR, Florida, Sept. 15, 2022 (GLOBE NEWSWIRE) — Cryptyde, Inc. (NASDAQ: TYDE) today announced that it has executed an agreement to acquire all of the membership interests of Forever 8 Fund, LLC, an e-commerce fintech company (“Forever 8”), for up to $56.4 million through a combination of equity, convertible notes and debt assumption, along with a further $37 million in contingent cash or equity consideration. The transaction stands to bring Cryptyde significant revenue in the back half of 2022 and provide a stable foundation for the future. Forever 8 provides funding solutions for e-commerce businesses which sell on Amazon, Shopify and other leading online platforms. Forever 8 uses proprietary technology...

ZW Data Action Technologies Inc. Announces Planned Acquisition of Henan Baodun, Expanding to Short Videos Ecommerce

Written by Customer Service on September 15, 2022. Posted in Mergers And Acquisitions.

BEIJING, Sept. 15, 2022 (GLOBE NEWSWIRE) — ZW Data Action Technologies, Inc. (Nasdaq: CNET) (“ZW Data” or the “Company”), an integrated online advertising, precision marketing, data analytics, and other value-added services company, today announced that it has signed a letter of intent (“LOI”), and has formally proposed an acquisition offer to Henan Baodun Information Technology Co., Ltd (“Baodun”). Pursuant to the LOI, the offer price and terms will be negotiated and determined upon completion of due diligence, and the completion of the transaction is envisaged in the fourth quarter of 2022. Upon the completion of the acquisition, Baodun will become a wholly-owned subsidiary of the Company, and will remain its independency in operation to provide one-stop eCommerce marketing service solutions and full agency...

NFI announces third quarter 2022 dividend and schedules third quarter 2022 financial results and conference call

Written by Customer Service on September 15, 2022. Posted in Dividend Reports And Estimates.

WINNIPEG, Manitoba, Sept. 15, 2022 (GLOBE NEWSWIRE) — (TSX: NFI, OTC: NFYEF; TSX: NFI.DB) NFI Group Inc. (“NFI” or the “Company”), a leading independent bus and coach manufacturer and a leader in electric mass mobility solutions, today declared a quarterly dividend for the period July 1, 2022 to September 30, 2022 on the common shares of the Company (the “Shares”) in the amount of C$0.0531 per Share to holders of record at the close of business on September 30, 2022. The dividend will be payable on October 17, 2022. In addition, NFI announced that it intends to release its third quarter 2022 financial results on Wednesday, November 2, 2022 prior to market open. A conference call for analysts and interested listeners will be held on November 2, 2022 at 8:30 a.m. Eastern Time (ET). For attendees who wish to join by webcast, registration...

Mass Megawatts (MMMW) Largest Sale of Solar Project with New Solar Tracker Targeted Completion in Early 2023 with Assistance of New Brownfield 10%Tax Credit Adder

Written by Customer Service on September 15, 2022. Posted in Public Companies.

BOSTON, Mass., Sept. 15, 2022 (GLOBE NEWSWIRE) — Mass Megawatts (OTC: MMMW) www.massmegawatts.com announces today a completion target of 2023 for the Pennsylvania 500 kW project to be developed at a manufacturing facility utilizing the patent pending solar tracker. The 30 percent investment tax credit and the additional 10 % adder for Brownfield development are important financing tools toward the completion of the solar project. Additionally, other recent new tax related benefits include the 2019 changes in section 179 accelerated depreciation allowing a full one year accelerated depreciation for the new roof of the facility. Previously, the depreciation would have to be taken over a thirty-year period. The solar project is projected to pay for itself in seven years based upon contracted electric prices packaged with current...

Month: September 2022

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