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Month: October 2022

Par Pacific Announces Acquisition of ExxonMobil Billings Refinery and Associated Marketing and Logistics Assets

$310 million base purchase price expected to be funded by cash on hand and existing credit linesEnhances scale and geographic diversification, increasing total throughput capacity to approximately 218,000 bpdExpect over $30 million in commercial and cost synergiesBillings refinery and associated marketing and logistics assets enhance Par Pacific’s existing Pacific Northwest market positionWell-positioned to source discounted Western Canadian and regional Rockies crude grades through attractive pipeline systemExpected to be immediately accretive to Adjusted Net Income and Free Cash Flow per shareHOUSTON, Oct. 20, 2022 (GLOBE NEWSWIRE) — Par Pacific Holdings, Inc. (NYSE: PARR) (“Par Pacific”) today announced that it has signed a definitive agreement to acquire the 63,000 bpd Billings refinery and associated marketing...

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Cegedim acquires French medical data expert Clinityx, strengthening its position in Real-World-Data

   PRESS RELEASECegedim acquires French medical data expert Clinityx, strengthening its position in Real-World-Data Boulogne-Billancourt, France, October 20, 2022 Cegedim, the innovative technology, services, and health data company, announces the acquisition of Clinityx, an innovator in unlocking the full potential of health data in France. This addition to the portfolio of THIN®-driven Real-World Data and Real-World Evidence solutions headed by the Cegedim Health Data division, furthers Cegedim’s ambition of becoming Europe’s real-world health data leader. Clinityx specializes in innovative ways to unlock the full potential of health data and boasts unique expertise in real-world data, notably in secured health data warehouses and linking them with the SNDS (the French administrative healthcare database).Clinityx partners with...

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Global Medical Equipment Rental Market to Touch Valuation of $72.66 Billion by 2028 | Startups Save almost 50–80% in Renting Medical Equipment over Buying

Global Medical Equipment Rental Market size was valued at USD 53.39 billion in 2021, and it is expected to reach a value of USD 72.66 billion by 2028, at a CAGR of 4.8% over the forecast period (2022–2028). Westford, USA, Oct. 20, 2022 (GLOBE NEWSWIRE) — An increase in the demand for Medical Equipment Rental Market is seen as there is an incline in the number of self-employed workers and a preference for outsourcing the work. Medical rental is rising in demand as it helps provide the patients with the best care and saves costs on purchasing equipment. Hospitals across the world are turning into rental partners. Renting and leasing medical equipment is an alternative for medical institutions and home caregivers as they save costs. As per SkyQuest market analysis of the global medical equipment rental market, main the market is small...

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Global Compounding Pharmacy Market to Hit Sale Revenue of $15.5 Billion by 2028 | Antibiotics are the Most Widely Prescribed in the Market

Global compounding pharmacy market was valued at USD 10.1 billion in 2021, and it is expected to reach a value of USD 15.5 billion by 2028, at a CAGR of more than 5.2% over the forecast period (2021- 2028). Westford, USA, Oct. 20, 2022 (GLOBE NEWSWIRE) — Compounding pharmacies are becoming increasingly popular as patients demand more customizable and detailed medications. These pharmacies offer a wider variety of medication options, along with different dosages and delivery methods. Pharmacists in the global compounding pharmacy market often have more experience prescribing medication, which allows them to provide patients with better care. Due to the growth in compound pharmacies, competition is heating up among pharmacists. It’s important for pharmacists to stay up-to-date on the latest trends and techniques so they can...

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Multichannel Order Management Market Size worth $4.2 billion by 2027 – Report by MarketsandMarkets™

Multichannel Order Management Market Drivers, Restraints, Opportunities, and Challenges Chicago, Oct. 20, 2022 (GLOBE NEWSWIRE) — Multichannel Order Management Market size is expected to grow at a Compound Annual Growth Rate (CAGR) of 9.4% during the forecast period, to reach USD 4.2 billion by 2027 from USD 2.7 billion in 2022, according to a new report by MarketsandMarkets™. A multichannel order management system unifies all the various sales channels the business employs to market its products, both online and offline. Regardless of the origin or type of the order, the multichannel order management solutions offers a single picture of all the orders. It enables the sales team to improve their customer service by ensuring that all order statuses are precise and readily available. The customers receive a seamless experience...

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Low Voltage Cables Market Size Worth USD 155.52 Billion, Globally, by 2026 at 6.7% CAGR

According to Fortune Business Insights, the global Low Voltage Cables market size is projected to grow from USD 93.39 billion in 2018 to USD 155.52 billion in 2026, at CAGR of 6.7% during forecast period; Pune, India, Oct. 20, 2022 (GLOBE NEWSWIRE) — The global Low Voltage Cables Market was USD 93.39 billion in 2018. The global market size is expected to gain momentum by reaching USD 155.52 billion by 2026, exhibiting a CAGR of 6.7% during the forecast period from 2019-2026. This information is provided by Fortune Business Insights, in its report, titled, “Low Voltage Cables Market, 2019-2026.” According to our analysts, the increasing population and their dependency on electricity for various residential, industrial, and commercial purposes to spur the growth. Low voltage cables are utilized in electrical equipment within the...

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Sales Intelligence Market to Hit Sales Valuation of $6.54 Billion by 2028 | Nearly 65% Organizations are Making Use of Sales Intelligence Tools

Global sales intelligence market was valued at USD 3.4 billion in 2021, and it is expected to reach a value of USD 6.54 billion by 2028, at a CAGR of 9.78% over the forecast period (2022–2028). Westford, USA, Oct. 20, 2022 (GLOBE NEWSWIRE) — Despite the recent economic slowdown, the sales intelligence market is booming. This growth is due to the increase in demand for customer data and insights, as well as the increasing use of AI and automation in sales processes. The report also notes that there is a lot of opportunity for growth in this sector, as companies are looking for ways to improve their sales performance. Today, businesses are investing more in sales intelligence due to the increasing demand for better customer insights. Sales intelligence can help companies identify whether a lead is worth pursuing, how best to reach...

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BCB Bancorp, Inc. Reports Net Income of $13.4 Million in Third Quarter 2022; Net Loans Increase 20.9 Percent YTD and NIM Expands to 4.18 Percent; Declares Quarterly Cash Dividend of $0.16 Per Share

BAYONNE, N.J., Oct. 20, 2022 (GLOBE NEWSWIRE) — BCB Bancorp, Inc. (the “Company”), (NASDAQ: BCBP), the holding company for BCB Community Bank (the “Bank”), today reported that net income increased $5.1 million, or 60.9 percent, to $13.4 million for the third quarter of 2022, compared with $8.3 million for the third quarter of 2021, and increased 31.8 percent compared to $10.2 million in the immediate prior quarter. Earnings per diluted share for the third quarter of 2022 were $0.76, compared to $0.58 in the preceding quarter and $0.47 in the third quarter of 2021. For the first nine months of the year, net income increased 42.6 percent to $33.5 million, compared to $23.5 million for the first nine months of 2021. Year-to-date, earnings per diluted share were $1.89 compared to $1.31 for the first nine months of 2021. The Company...

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Global LED Lighting Market is Expected Surpass Valuation of USD 127.42 billion by 2028 | Growing Trends of Artificial LED Lighting in Farming

Global LED lighting market size was valued at USD 55.5 billion in 2021, and it is expected to reach a value of USD 127.42 billion by 2028, at a CAGR of 10.5% over the forecast period (2022 – 2028). Westford, USA, Oct. 20, 2022 (GLOBE NEWSWIRE) — LED lights are being adopted worldwide for their energy efficiency and the reduction of negative effects on the environment. In households, almost 10% of energy usage is accounted for lighting and in commercial premises, it accounts for a range between 18% to 40%. LED lights are more efficient than fluorescent lights. LED lights convert 95% of the energy into light and waste only 5% to heat, as compared to fluorescent lights which convert 95% to what and only 5% was turned into light. This subsequently leads to a reduction in greenhouse gas emissions and drives the LED lighting market. It...

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Global Dietary Supplements Market to Surpass $227.4 Billion | US Spends Over USD 32.2 Billion on Supplements Each Year

Global dietary supplements market was valued at USD 159.2 billion in 2021, and it is expected to reach a value of USD 227.4 billion by 2028, at a CAGR of more than 7.9% over the forecast period (2022- 2028). Westford, USA, Oct. 20, 2022 (GLOBE NEWSWIRE) — SyQuest’s recent survey on global Dietary Supplements Market has found that Americans spend around USD 32.2 billion a year on weight-loss supplements. Out of this, USD 2.1 million is spent only on weight loss supplements. It is one of the 20 top reasons why people take supplements. Dietary supplements hold a 9.2% share of the entire healthcare spending that is done in America. The average supplements store is observed to make USD 1 million per year. It is also observed that around 64% of women use supplements whereas around 51% of men use them. For women and men 60 years old and...

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