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Day: October 6, 2022

Credit Card Borrowers Reverting to Pre-Pandemic Payment Patterns; TransUnion Study Explores Risks Related to Balance Increases

Study shows liquidity falling, and, for some, credit card balances rising CHICAGO, Oct. 06, 2022 (GLOBE NEWSWIRE) — As pandemic-related government relief programs and forbearances fall farther behind in the rearview mirror, a new study from TransUnion (NYSE:TRU) found that many consumers are reverting to traditional payment patterns. The information is particularly important in today’s consumer credit market as pressures from high inflation and rising interest rates may further impact the delinquency landscape. At the mid-point of 2022, 500 million bank-issued credit cards were in the marketplace, up from approximately 465 million one year earlier. In that same timeframe, serious delinquency rates rose to 1.57% and average balances per consumer increased to $5,270, up significantly from 2021, but still below pre-pandemic levels. To...

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Bridger Aerospace Appoints Eric Gerratt as Chief Financial Officer Ahead of Planned Business Combination

BOZEMAN, Mont., Oct. 06, 2022 (GLOBE NEWSWIRE) — Bridger Aerospace Group Holdings, LLC (“Bridger” or the “Company”), a leading independent provider of aerial firefighting services, has appointed Eric Gerratt as Chief Financial Officer. The announcement comes as Bridger prepares for its planned merger with Jack Creek Investment Corp. (“Jack Creek”) (NASDAQ: JCIC), a special purpose acquisition company, and subsequent listing on NASDAQ. “Bringing on a CFO with public company experience was important as Bridger makes this transition,” said Tim Sheehy, the Company’s Chief Executive Officer. “Eric brings extensive financial reporting and management experience to our company, as well as acquisition and integration expertise, having helped grow his former company to nearly $1.0 billion in revenue. We look forward to him being a valued...

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KULR Technology Announces Acquisition of VibeTech and Launch of Revolutionary Vibration Reduction Service, KULR VIBE

Through the Acquisition, KULR Expands Itself as Vertically Integrated Energy Management Company Focused on Renewable Energy Solutions Patented, Artificial Intelligence (AI) Driven Technology Provides Accurate Solutions to Advanced Mechanical Problems with Extreme Efficiency KULR VIBE Provides Superior Vibration Elimination for Entire Spectrum of Aviation Platforms, Industrial Motors, And Wind Energy Farms for Significant Efficiency, Longevity and Energy Output ImprovementsSAN DIEGO, Oct. 06, 2022 (GLOBE NEWSWIRE) — KULR Technology Group, Inc. (NYSE American: KULR) (the “Company” or “KULR”), a leading energy management platform accelerating the electrification of the circular economy, today announced its acquisition of VibeTech and the formal launch of KULR VIBE (“VIBE”), an AI driven vibration reduction solution. KULR VIBE addresses...

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Biosensors Market worth $36.7 billion by 2026, at a CAGR of 7.5% – Exclusive Report by MarketsandMarkets™

Chicago, Oct. 06, 2022 (GLOBE NEWSWIRE) — According to a research report “Biosensors Market with COVID-19 Impact by Type, Product (Wearable, Non-wearable), Technology, Application (POC, Home Diagnostics, Research Lab, Environmental Monitoring, Food & Beverages, Biodefense) and Region – Global Forecast to 2026″, published by MarketsandMarkets, the biosensors market is valued at USD 25.5 billion in 2021 and is projected to reach USD 36.7 billion by 2026; it is expected to grow at a CAGR of 7.5% from 2021 to 2026. Emerging markets in developing countries, high-growth opportunities in the food industry and environmental monitoring applications, and high-growth opportunities in the wearable device market are projected to offer lucrative opportunities for the players operating in the biosensors market during the...

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FTI Consulting to Release Third Quarter 2022 Results and Host Conference Call

WASHINGTON, Oct. 06, 2022 (GLOBE NEWSWIRE) — FTI Consulting, Inc. (NYSE: FCN) today announced that it will release financial results for the third quarter ended September 30, 2022, before the New York market opens on Thursday, October 27, 2022. A conference call will be held to discuss these financial results on Thursday, October 27, 2022, at 9:00 a.m. Eastern Time and will be hosted by senior management. The conference call will be simulcast live on the Internet and can be accessed by logging onto the Company’s investor relations website. A replay of the webcast will be available on the Company’s investor relations website for 90 days. About FTI ConsultingFTI Consulting, Inc. is a global business advisory firm dedicated to helping organizations manage change, mitigate risk and resolve disputes: financial, legal, operational,...

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MetaWorks Platforms to Exhibit at W3BX Investor Summit & Expo

W3BX Expo Brings Together Some of the Biggest Names in the Industry Spanning Crypto, Metaverse, Defi, Blockchain, Gaming, and digital tokens Fairfield, CA., Oct. 06, 2022 (GLOBE NEWSWIRE) — MetaWorks Platforms, Inc. (“MetaWorks” or the “Company”), (CSE: MWRK and OTCQB: MWRK), an award-winning, full-service Web 3 blockchain platform provider today announced that it will be an exhibitor at the inaugural Web 3 Investor Summit & Expo (W3BX), which will be taking place at the Wynn Las Vegas from October 10-13. MetaWorks Platforms will be located at booth 114 during this 4-day conference, where it will showcase its award-winning blockchain and Web3 development platform that provides Fortune 5000 brands to create and monetize their own metaverse. W3BX will facilitate daily networking events, 1-on-1 meetings, educational workshops,...

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Draganfly to Showcase Commander 3 XL Drone and Smart Vital Intelligence Technology at the International Association of Chiefs of Police Annual Conference

Draganfly will demonstrate the Commander 3 XL drone’s multiple payload capabilities and Smart Vital Intelligence multi-use applications at booth #2928 Los Angeles, CA., Oct. 06, 2022 (GLOBE NEWSWIRE) — Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8) (“Draganfly” or the “Company”), an award-winning, industry-leading drone solutions and systems developer, is pleased to announce its involvement in The International Association of Chiefs of Police (IACP) Annual Conference and Exposition from October 15-18, 2022. IACP is the largest law enforcement event of the year. More than 16,000 public safety professionals are coming to learn about innovations and equip their departments with the latest technology for ongoing success. During the four-day event, Draganfly will be located at booth #2928, where attendees can learn about...

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Pulse Oil Corp. Announces Addition to the Board of Directors

VANCOUVER, British Columbia, Oct. 06, 2022 (GLOBE NEWSWIRE) — Pulse Oil Corp., (“Pulse” or the “Company”) (TSXV: PUL) is pleased to introduce Mr. Patrick Harrison as the Company’s newest addition to its Board of Directors. Mr. Harrison is Pulse’s largest shareholder, holding approximately 23% of the Company’s outstanding common shares as of the date of this announcement. He has contributed to Pulse significantly over the last four years to not only help Pulse survive during the past two difficult years but to take significant steps in Pulse’s plan to execute the Bigoray Enhanced Oil Recovery (“EOR”) project, a project Pulse’s management believes will increase reserves, production and cash flow significantly. The Pulse team is appreciative of all the support Patrick has offered us in the past and we are pleased to welcome...

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TILT Holdings Launches Social Impact Driven Brand Black Buddha Cannabis in Massachusetts

Launch marks the initial phase in multi-state agreement with planned expansion into Pennsylvania PHOENIX, Oct. 06, 2022 (GLOBE NEWSWIRE) — TILT Holdings Inc. (“TILT” or the “Company”) (NEO: TILT) (OTCQX: TLLTF), a global provider of cannabis business solutions that include inhalation technologies, cultivation, manufacturing, processing, brand development and retail, today announced the Massachusetts launch of Black Buddha Cannabis, a Black and woman-owned and led, environmentally conscious, social impact driven cannabis wellness brand. Roz McCarthy is the driving force and founder of Black Buddha Cannabis, as well as Minorities for Medical Marijuana Inc. which advocates for equity and diversity in the nascent cannabis marketplace. Both organizations originated from the personal needs and experiences of McCarthy, who found cannabis...

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Kforce Inc. Announces Third-Quarter Earnings Date and Participation at J.P. Morgan and Truist Conferences

TAMPA, Fla., Oct. 06, 2022 (GLOBE NEWSWIRE) — Kforce Inc. (NASDAQ: KFRC), a solutions firm that specializes in technology and other professional staffing services, will release third-quarter results post-market on Monday, October 31, 2022, followed by a conference call at 5:00 pm ET to discuss the results. The dial-in number is (888) 550-5417 and the conference passcode is “Kforce”.  The live webcast can be accessed at this link. A replay of the call will be available at http://investor.kforce.com for one year after the call. Also announced today, Kforce Inc. management will participate at the following conferences:JPMC Ultimate Services Conference in New York on November 17, 2022. Details of the Firm’s presentation time and webcast information may be accessed when available at http://investor.kforce.com. 4th Annual Truist Securities...

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