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Day: December 2, 2022

Stran & Company Signs Definitive Agreement to Acquire Premier NYC

Premier NYC brings established customer base and over 30 years of experience in the industry Quincy, MA, Dec. 02, 2022 (GLOBE NEWSWIRE) — Stran & Company, Inc. (“Stran” or the “Company”) (NASDAQ: STRN) (NASDAQ: STRNW), a leading outsourced marketing solutions provider that leverages its promotional products and loyalty incentive expertise, today announced the signing of a definitive asset purchase agreement to acquire Premier Business Services, an established promotional products company formed by Peter Poser in 1988 and headquartered in Larchmont, New York (“Premier NYC”). The acquisition is expected to close this month and is subject to customary closing conditions. With over 30 years of experience in the promotional products industry, Premier NYC brings deep experience creating and implementing...

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Xenon Pharmaceuticals Provides Updates on Proprietary Neurology Pipeline Programs at the Annual Meeting of the American Epilepsy Society (AES 2022)

Company Presents Additional Positive Data from Open Label Extension of Phase 2b ‘X-TOLE’ Clinical Trial for Focal Onset Seizures XEN1101 Phase 3 Program to be Showcased at Scientific Exhibit Taking Place on Sunday, December 4, 2022 BURNABY, British Columbia, Dec. 02, 2022 (GLOBE NEWSWIRE) — Xenon Pharmaceuticals Inc. (Nasdaq:XENE), a neurology-focused biopharmaceutical company, today announced it will provide updates on its proprietary, neurology programs at the Annual Meeting of the American Epilepsy Society (AES 2022). In addition, the Company is presenting results from the open label extension (OLE) and sub-analyses of data from the XEN1101 Phase 2b X-TOLE clinical trial. Mr. Ian Mortimer, Xenon’s President and Chief Executive Officer stated, “We continue to advance our portfolio of neurology-focused programs. Xenon will have...

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URBN Announces Personnel Changes

PHILADELPHIA, Dec. 02, 2022 (GLOBE NEWSWIRE) — Urban Outfitters, Inc. (NASDAQ:URBN), today announced that Francis Pierrel, President, Urban Outfitters Group, has left the Company. We appreciate the contributions he made during his tenure and wish him well in his future endeavors. Urban Outfitters, Inc. offers lifestyle-oriented general merchandise and consumer products and services through a portfolio of global consumer brands comprised of the Anthropologie, BHLDN, Free People, FP Movement, Terrain, Urban Outfitters, Nuuly and Menus & Venues brands. This news release is being made pursuant to the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Certain matters contained in this release may contain forward-looking statements. When used in this release, the words “project,” “believe,” “plan,”...

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Gulf Resources Announces Buy Back of shares from Company’s CEO, CFO and COO

SHOUGUANG, China, Dec. 02, 2022 (GLOBE NEWSWIRE) — Gulf Resources, Inc. (Nasdaq: GURE) (“Gulf Resources”, “we,” or the “Company”), a leading manufacturer of bromine, crude salt and specialty chemical products in China announced that the Company has entered into a stock repurchase agreement dated as of November 30, 2022, in which the Company agrees to purchase 80,000 shares from each of CEO Xiaobin Liu, COO Naihui Miao, and CFO Min Li in a privately negotiated transaction based on the closing price of the stock of $3.5931 per share on Wednesday, November 30, 2022.The closing of the repurchase transactions is expected to occur in December 2022 and subject to customary closing conditions. Over the past year, the Company has received communications from many investors who have been concerned about the potential...

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Navitas to Participate in China Renaissance, Fubon Securities, and CICC Investor Meetings

Navitas recently ranked 75th fastest-growing company in North America on the 2022 Deloitte Technology Fast 500™, continued growth advances mission to “Electrify Our World™”Navitas to Participate in China Renaissance, Fubon Securities, and CICC Investor Meetings Navitas recently ranked 75th fastest-growing company in North America on the 2022 Deloitte Technology Fast 500™, continued growth advances mission to “Electrify Our World™”TORRANCE, Calif., Dec. 02, 2022 (GLOBE NEWSWIRE) — Navitas Semiconductor (Nasdaq: NVTS), the only pure-play, next-generation power semiconductor company and industry leader in gallium nitride (GaN) power ICs and silicon carbide (SiC) technology, has announced participation in three upcoming investor conferences. China RenaissanceDecember 6th, from 9 am – noon (Hong Kong...

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Dr. Nissan Cohen, ex-Founder/CEO of Tower Semiconductor, Joins Nano Dimension’s Board of Directors

Industry veteran, entrepreneur, and an investor Waltham, Mass., Dec. 02, 2022 (GLOBE NEWSWIRE) — Nano Dimension Ltd. (Nasdaq: NNDM, “Nano Dimension” or the “Company”), a leading supplier of Additively Manufactured Electronics (“AME”) and multi-dimensional polymer, metal & ceramic Additive Manufacturing (“AM”) 3D printers, announces the appointment of Dr. Nissan Cohen to the Board of Directors of the Company, effective immediately.  Dr. Yoav Nissan-Cohen will replace Mr. Yaron Eitan, who has served on the board of Nano Dimension since March 2020 and has stepped down as Dr. Nissan-Cohen joined. “I am very excited to join Nano Dimension’s Board of Directors. The Company has a truly transformative vision for the future of manufacturing and an exceptionally qualified and professional team.  I am looking forward to helping...

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Xfuels announces Cycle Oil & Gas Inc. Operational update

Xfuels announces Cycle Oil & Gas Inc. Operational update BatteryXfuels announces Cycle Oil & Gas Inc. Operational update CleanupXfuels announces Cycle Oil & Gas Inc. Operational update Green PumpElectra, Texas, Dec. 02, 2022 (GLOBE NEWSWIRE) — Xfuels Inc. (OTC PINK: XFLS) is pleased to report that Cycle Oil & Gas began overseeing operations in their Wichita County field effectively on July 1st, 2022, through the purchase of leases & property from Triple “S” Gas & Ray Loveless Enterprises. Cycle Oil & Gas contracted OAG Consulting Inc. of Fort Wort, Texas to conduct due diligence prior to purchase & manage their Texas operations after the purchase and sale agreement was completed. When Cycle was handed operational duties, they were met with a variety of challenges from the distressed...

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Air Mattress Market Sales Revenue to Surpass $295.72 Million By 2028 | People with Pets and Kids are the Most Potential Users of Air Mattress

Global air mattress market is valued at USD 164.39 million in 2021, and it is projected to reach USD 295.72 million by 2028, at a CAGR of 8.75 % over the forecast period (2022-2028). Westford, USA, Dec. 02, 2022 (GLOBE NEWSWIRE) — Today, SkyQuest released its analysis of the air mattress market. The study looked at various aspects of the industry, including consumer awareness, purchasing habits, and brand loyalty. Overall, it was found that the market is growing and that consumers are becoming more aware of the benefits of using air mattresses. However, there are still some barriers to entry for new entrants into the market. One key finding from the study was that price is a major factor in purchasing decisions for air mattresses. In fact, nearly 63% of respondents said that price was the most important consideration when choosing...

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Baby Product Market to Worth $325.57 Billion by 2028 | Parents are likely to Spend Over 99.75 billion on Baby Food Products

Global baby product market was valued at USD 215.1 Billion in 2021, and it is expected to reach a value of USD 325.57 Billion by 2028, at a CAGR of 6.10% over the forecast period (2022-2028). Westford, USA, Dec. 02, 2022 (GLOBE NEWSWIRE) — Insight company SkyQuest has released its annual report on the baby product market, providing an overview of the key trends and developments in the industry. The report notes that the market continues to grow in both developed and emerging markets, driven by a combination of factors such as population growth, urbanization and rising incomes. In terms of value, the global market will be worth an estimated US$325.57 billion by 2028. One of the key trends highlighted in the report is the increasing focus on health and wellness among parents, which is boosting demand for natural and organic products....

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Malvern Bancorp, Inc. Reports Fourth Quarter and Fiscal Year End Operating Results

PAOLI, Pa., Dec. 02, 2022 (GLOBE NEWSWIRE) — Malvern Bancorp, Inc. (NASDAQ: MLVF) (the “Company”), the parent company of Malvern Bank, National Association (the “Bank”), today reported operating results for the fourth fiscal quarter and year ended September 30, 2022. Net income amounted to $2.6 million, or $0.34 per fully diluted common share, compared with a net loss of ($6.2) million, or ($0.82) per fully diluted common share, for the quarter ended September 30, 2021. Annualized return on average assets (“ROAA”) was 1.01% for the quarter ended September 30, 2022, compared to (2.06%) for the quarter ended September 30, 2021, and annualized return on average equity (“ROAE”) was 7.08% for the quarter ended September 30, 2022, compared with (16.59%) for the quarter ended September 30, 2021. For the fiscal year ended September 30,...

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