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Day: November 15, 2022

TEN Ltd. Announces the Delivery of a 2020 South Korean-Built VLCC

Strong Market Fundamentals Further Expansion in VLCC Sector ATHENS, Greece, Nov. 15, 2022 (GLOBE NEWSWIRE) — TEN, Ltd. (TEN) (NYSE: TNP) (the “Company”) today announced the acquisition of the 2020 South Korean-built Very Large Crude Carrier, to be renamed the “Dias I,” the purchase of which was agreed in the first half of 2022, as previously reported. The vessel was delivered to TEN on expiration of its contract to a major oil concern and management will now consider employment opportunities reflective of market conditions as they present themselves. “We are delighted to welcome the addition of such a quality eco-vessel in our modern, diversified fleet and look forward to it capturing the strong rates currently evidenced in the flourishing tanker markets,” Mr. George Saroglou, COO of TEN commented. “With the inevitable redrawing...

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BioCorRx Provides Business Update for the Third Quarter of 2022

ANAHEIM, CA, Nov. 15, 2022 (GLOBE NEWSWIRE) — via NewMediaWire — BioCorRx Inc. (OTCQB: BICX) (the “Company”), a developer and provider of innovative treatment programs for substance abuse and related disorders, today provided a business update for the third quarter ended September 30, 2022 and reported on recent corporate developments. Lourdes Felix, CEO, CFO and Director of BioCorRx Inc., commented, “Last month, we reached a significant milestone as we announced that the last subject had been enrolled in the Phase I clinical trial of BICX104, an implantable biodegradable naltrexone pellet for the treatment of opioid use disorder (OUD), which is being developed under BioCorRx Pharmaceuticals, Inc., the Company’s controlled clinical stage pharmaceutical company. We are currently in the process of collecting data and we expect...

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SoFi Weekly Income ETF (NYSE Arca: TGIF) Increases Weekly Distribution

NEW YORK, Nov. 15, 2022 (GLOBE NEWSWIRE) — The SoFi Weekly Income ETF (NYSE Arca: TGIF) (the “Fund”) announced that it will increase the weekly distribution from $0.05 to $0.07 beginning on payable date, October 28, 2022. Please see details of recent dividend in the table below.Dividend per Share Ex-Date Record Date Payment Date$0.07 October 26, 2022 October 27, 2022 October 28, 2022Fund’s Dividend HistoryPayment Date Dividend per ShareOctober 21 2022 $0.05October 14, 2022 $0.05October 7, 2022 $0.05September 30, 2022 $0.05September 23, 2022 $0.05^ The Fund’s inception date is October 1, 2020. The Fund seeks to provide weekly income by investing in investment grade and high-yield fixed income securities. For more information about the Fund and standardized Fund performance, please visit: https://www.sofi.com/invest/etfs/tgif/. The...

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American Hotel Income Properties REIT LP Announces November 2022 U.S. Dollar Cash Distribution

(numbers are in U.S. dollars unless otherwise indicated) VANCOUVER, British Columbia, Nov. 15, 2022 (GLOBE NEWSWIRE) — American Hotel Income Properties REIT LP (“AHIP”) (TSX: HOT.UN, HOT.U, and HOT.DB.V) announces a U.S. dollar cash distribution of $0.015 per limited partnership unit (“Unit”) for November 2022, which is equivalent to U.S. dollar $0.18 per Unit on an annualized basis. The distribution will be paid on December 15, 2022 to unitholders of record at the close of business on November 30, 2022. AHIP intends to pay cash distributions on or about the 15th day of each month to the unitholders of record on the last business day of the preceding month. ABOUT AMERICAN HOTEL INCOME PROPERTIES REIT LP American Hotel Income Properties REIT LP (TSX: HOT.UN, TSX: HOT.U, TSX: HOT.DB.V), or AHIP, is a limited partnership formed to...

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Global Video Conferencing Market to Surpass Market Valuation of $13.18 Billion by 2028 | Hardware to Generate Over 47% Market Revenue

Global video conferencing market was valued at USD 6.25 billion in 2021, and it is expected to reach a value of USD 13.18 billion by 2028, at a CAGR of 11.25% over the forecast period (2022-2028). Westford, USA, Nov. 15, 2022 (GLOBE NEWSWIRE) — The proliferation of broadband and mobile Internet has spurred the growth of video conferencing market. The ability to connect with people face-to-face regardless of location has made video conferencing an attractive option for businesses and consumers alike. Video conferencing is one solution that is seeing a significant increase in demand. It allows businesses to hold meetings and collaborate remotely, which is essential for many businesses that are now operating remotely. There are many video conferencing solutions available on the market, each with different features and pricing plans....

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SMG Industries, Inc. Reports Record Revenues of $19.3 Million for the Third Quarter and Significantly Expanding EBITDA

A Record $53.5 Million for the Nine Months Ended September 30, 2022 with Year to Date 2022 Revenues Up 55% from the Comparable Period in 2021  HOUSTON, TX, Nov. 15, 2022 (GLOBE NEWSWIRE) — via NewMediaWire — SMG Industries, Inc. (the “Company”) (OTCQB:SMGI), a growth-oriented transportation services company focused on the domestic infrastructure logistics market, today reported financial results for its third quarter ended September 30, 2022.  Third Quarter 2022 Financial Highlights: ·         Revenues increased approximately 31% to $19,331,484 for the three months ended September 30, 2022, compared to the three months ended September 30, 2021, ·         Revenues increased approximately 55% to $53,589,434 for the nine months ended September 30, 2022 compared to the year ago period,·         Adjusted Gross Margins, a non-GAAP...

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Interim report – Third quarter of 2022 – SP Group A/S

SP Group generated revenue of DKK 2,007.5 million in the 9M 2022 reporting period, a 9.2% improvement from DKK 1,838.8 million in 9M 2021. EBITDA was up by 11.9% to DKK 354.4 million from DKK 316.8 million last year, and profit before tax was up by 5.5% to DKK 202.9 million. FY 2022 guidance is maintained. SP Group expects FY 2022 revenue to grow by 5-15% for an EBITDA margin of 16-18% and an EBT margin of 9-12%. The Board of Directors of SP Group A/S has today considered and approved the interim report for 9M 2022. Highlights of the interim report:9M 2022 revenue was up by DKK 168.7 million to DKK 2,007.5 million, for a 9.2% year-on-year increase. Company acquisitions added DKK 48.1 million to consolidated revenue. Q3 revenue grew by 1.1%. Earnings before depreciation, amortisation and impairment losses (EBITDA) for the 9M 2022 period...

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Global Hyaluronic Acid Market to Offer Revenue Opportunity of $16.93 Billion by 2028 | Hyaluronic Acid Dermal Filler to Generate More Than $7.13 billion Revenue

Global hyaluronic acid market was valued at USD 8.51 Billion in 2021, and it is expected to reach a value of USD 16.93 Billion by 2028, at a CAGR of 9.7% over the forecast period (2022–2028). Westford, USA, Nov. 15, 2022 (GLOBE NEWSWIRE) — The global market is expected to grow at a CAGR of 9.7% over the next seven years. The report, titled “Hyaluronic Acid Market – Opportunities and Challenges,” provides an in-depth analysis of the key drivers, trends, and challenges affecting the market. One of the primary drivers of growth in the market is the increasing prevalence of age-related diseases such as osteoarthritis and Alzheimer’s disease. The growth in these diseases has increased demand for hyaluronic acid products that can help improve symptoms such as pain, inflammation, and joint stiffness. Other factors...

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Global Baby Food Market to Hit Sales of $99.75 Billion By 2028 | Clean Label, Organic and Gluten Free Products Gaining Traction of Parents

Global baby food market was valued at $74.57 Billion in 2021, and it is expected to reach a value of $99.75 Billion by 2028, at a CAGR of 4.39% over the forecast period (2022–2028). Westford, USA, Nov. 15, 2022 (GLOBE NEWSWIRE) — Global baby food market is growing at a rapid pace, with demand is expected to exceed $99.75 billion by 2028. According to the market research firm SkyQuest Technology, the demand for baby food has been driven by an increasing number of parents who are seeking high-quality and nutritious foods for their children. One of the key reasons behind this growth is the widespread adoption of breastfeeding by mothers. Breastfeeding provides babies with essential nutrients and antibodies that help promote healthy development. As a result, more parents are looking to introduce complementary foods into their children’s...

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Medigus: Eventer Generated Record Revenues for the First Nine Months of 2022 Exceeding Full-Year 2021 Revenues

Revenues for the first nine months of 2022 were approx. $1.99 million Tel Aviv, Israel, Nov. 15, 2022 (GLOBE NEWSWIRE) — Medigus Ltd. (Nasdaq: MDGS), a technology company engaged in advanced medical solutions, innovative internet technologies, and electric vehicle and charging solutions, announced today that its 46.21% owned subsidiary, Eventer Technologies Ltd. (“Eventer”), a software company engaged in the development of platforms enabling producers and venues to create virtual conferences and events with integrated smart ticketing solutions, achieved record financial results for the nine months ended September 30, 2022 (based on non-reviewed financial results provided to Medigus by Eventer). Eventer’s overall turnover from ticket sales for the nine months ended September 30, 2022 was approx. $49 million,...

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