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Day: November 18, 2022

PDD to Report Third Quarter 2022 Unaudited Financial Results on November 28, 2022

SHANGHAI, Nov. 18, 2022 (GLOBE NEWSWIRE) — PDD (the “Company”) (NASDAQ: PDD) today announced that it will report its unaudited financial results for the third quarter ended September 30, 2022, before U.S. markets open on Monday, November 28, 2022. The Company’s management will hold an earnings conference call at 7:30 AM U.S. Eastern Time on November 28, 2022 (8:30 PM Beijing/Hong Kong Time on the same day). The conference call will be webcast live at https://investor.pddholdings.com/investor-events. The webcast will be available for replay at the same website following the conclusion of the call. About PDD: PDD is a multinational commerce group that owns and operates a portfolio of businesses. PDD aims to bring more businesses and people into the digital economy so that local communities and small businesses can benefit from the...

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Global Sports Nutrition Market to Generate Revenue Worth $11.6 Billion by 2028 | Sport Supplement to Generate over 40% Revenue

Global sports nutrition market was valued at USD 6.01 billion in 2021, and it is expected to reach a value of USD 11.6 billion by 2028, at a CAGR of 10.6% over the forecast period (2022–2028). Westford, USA, Nov. 18, 2022 (GLOBE NEWSWIRE) — According to SkyQuest, the sports nutrition market is expected to grow at a CAGR of 10.6% in the years to come, reaching a value of $11.6 billion by 2028. This growth can be attributed to growing interest in diet and exercise as well as an increased awareness of the importance of sports nutrition for athletes and fitness enthusiasts.  According to a study published in the American Journal of Clinical Nutrition, the percentage of athletes who consume sport nutrition has increased from 10% to 30% over the past decade. One trend that is predicted to impact the sports nutrition market significantly...

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Global Construction Equipment Market to Touch $225.1 Billion by 2028 | China’s Real Estate Crisis to Severally Impact Demand for Equipment

Global construction equipment market size was valued at USD 185.21 billion in 2021, and it is expected to reach a value of USD 225.1 billion by 2028, at a CAGR of 4.2% over the forecast period (2022–2028). Westford, USA, Nov. 18, 2022 (GLOBE NEWSWIRE) — SkyQuest has released a report that estimates the global infrastructure investment needs over the next decade at $2 trillion. The report, titled “Infrastructure Outlook 2022,” finds that the world’s population is expected to grow by more than 2 billion people by 2040, and that GDP will grow by only 5.5% annually if current trends continue in the global construction equipment market. In order to accommodate this growth, the report says that an additional $2 trillion will be needed in infrastructure spending between now and 2025. On the other hand, the government...

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Global Mushroom Market to Generate Revenue of $100.04 Billion By 2028 | China Produces Over 90% Mushroom | SkyQuest Technolgoy

Global mushroom market is projected to attain a value of USD 100.04 Billion by 2028 from USD 51.53 billion in 2021, at a CAGR of 9.3% during the forecast period (2022–2028) Westford, USA, Nov. 18, 2022 (GLOBE NEWSWIRE) — In the past four years, mushroom market sales have increased by 69%. Mushrooms are an alluring and umami-rich food, but the industry is plagued with many challenges. Traditional cultivation and production methods are environmentally unfriendly, labor-intensive, and require significant inputs. Some companies are turning to post-harvest processing to reduce spoilage and waste, but this is also a challenging field due to the need for precise temperature control and hygienic practices. Currently, there is significant growth potential for the mushroom market, as people seek healthier options and increased awareness...

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Coloplast Launches New Catheter in the U.S.

Coloplast’s SpeediCath® Flex Set catheter developed for people living with bladder and urinary problems is now cleared in the U.S. and will be launched in November 2022.   The new SpeediCath Flex Set with a “no touch dry sleeve” and an omni-directional tip is available as a catheter and bag solution, also called a Closed System. All SpeediCath® catheters feature Triple Action Coating Technology which is designed to reduce the risk of urethral damage and Urinary Tract Infections (UTIs)*1 and are an option for those with spinal cord injuries (SCI). “With SpeediCath Flex Set, we are introducing an important solution for people living with SCI and many other health conditions. We are confident that its new innovative design will make a big difference to our users, improving their catheterization routine in many ways,” says Senior Vice President...

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Yellow Corporation Earns 2023 Military Friendly® Employer Designation and NDTA Corporate Distinguished Service Award

The LTL trucking company receives the Military Friendly® designation for the second straight year. Nashville, Tenn., Nov. 18, 2022 (GLOBE NEWSWIRE) — Yellow Corporation (NASDAQ: YELL) has been awarded the Military Friendly Employer designation and has also received the National Defense Transportation Association (NDTA) Corporate Distinguished Service Award. Both awards recognize Yellow’s continued support for America’s military heroes and its focus on recruitment of veterans. Yellow has been named a Military Friendly Employer for the second consecutive year due to its efforts in creating sustainable and meaningful career paths, community outreach, brand enthusiasm and enduring partnerships that meet thresholds for applicants, new hire retention, and promotion of veterans and military employees.  “Companies earning the Military...

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RERELEASE- ES Bancshares, Inc. Reports Loan Growth of 13% Funded by Deposit Growth of 14%, for the Quarter Ended September 30, 2022; Posts $0.13 Quarterly EPS Increasing Year-to-Date EPS to $0.66; Increases Tangible Book Value to $6.39

STATEN ISLAND, N.Y., Nov. 18, 2022 (GLOBE NEWSWIRE) — ES Bancshares, Inc. (OTCQX: ESBS) (the “Company”) the holding company for Empire State Bank, (the “Bank”) today announced net income of $872 thousand, or $0.13 per diluted common share for the quarter ended September 30, 2022. Key Financial Data   3Q22 HighlightsProfitability Metrics 3Q22 2Q22 3Q21  Return on average assets (%)   0.65 %   1.73 %   0.95 % • Net Revenues of $4.5 million including $4.2 million of net interest income and $266 thousand of non-interest income   Return on average common equity (%)   8.12 %   22.83 %   12.98 %Return on tangible common equity (%)   8.23 %   23.15 %   13.18 % • Net Income of $872 thousand and diluted earnings per common share of $0.13  Net interest margin (%)   3.27 %   3.34 %   3.63 %       Income Statement (a) 3Q22 2Q22 3Q21 •...

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Stellar Bancorp, Inc. Declares Quarterly Dividend

HOUSTON, Nov. 18, 2022 (GLOBE NEWSWIRE) — Stellar Bancorp, Inc. (the “Company” or “Stellar”) (Nasdaq: STEL) today announced that its Board of Directors declared a quarterly cash dividend in the amount of $0.13 per share of common stock. The dividend will be payable on December 30, 2022 to the Company’s shareholders of record as of the close of business on December 15, 2022. The amount and timing of any future dividend payments to shareholders will be subject to the discretion of Stellar’s Board of Directors. About Stellar Bancorp, Inc. Stellar Bancorp, Inc. is a bank holding company headquartered in Houston, Texas. Stellar’s principal banking subsidiary, created by the merger of Allegiance Bank and CommunityBank of Texas, N.A. and to be renamed Stellar Bank upon system conversion, provides a diversified range of commercial banking...

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Prolongation of authorities of members of the Management Board of the subsidiaries of Tallinna Kaubamaja Grupp AS and members of the Audit Committee

The Supervisory Boards of the subsidiaries of Tallinna Kaubamaja Grupp AS, namely Selver AS, Tallinna Kaubamaja Kinnisvara AS and Tartu Kaubamaja Kinnisvara OÜ, have resolved to prolong the authorities of existing members of the Management Board:As per resolution of the Supervisory Board of Selver AS, Kristi Lomp shall continue as member of the Management Board and her term of authorities was prolonged for another 3-year term as of 4 December 2022. As per resolution of the Supervisory Board of Tallinna Kaubamaja Kinnisvara AS, Peeter Kütt shall continue as member of the Management Board and his term of authorities was prolonged for another 3-year term as of 12 January 2023. As per resolution of the Supervisory Board of Tartu Kaubamaja Kinnisvara OÜ, Peeter Kütt shall continue as member of the Management Board and his term of authorities...

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Nextech AR Solutions Corp. Reports Record Q3 Sequential Growth As 3D Modeling Revenue Surges +192% and Gross Profit Margin Improves To +60%

Q3 technology services revenue up +66% from Q2 2022 hitting approximately $920K Q3 3D modeling revenue surges over +192% versus Q2 2022 Q3 3D model production increased +110% versus Q2 2022 Q3 technology services gross profit margin improves to +60% versus 37% reported in Q2 2022 Q3 gross profit was approximately $555K on 920K in Q3 technology revenue with a gross profit margin of 60%TORONTO, Nov. 18, 2022 (GLOBE NEWSWIRE) — InvestorsHub NewsWire — Nextech AR Solutions Corp. (“Nextech” or the “Company”) (OTCQB: NEXCF) (CSE: NTAR) (FSE: EP2), a Metaverse Company and leading provider of augmented reality (“AR”) wayfinding technologies, and 3D model services for the largest prime ecommerce platform, reports its financial and operating results for the third quarter 2022 ended September 30,...

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