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Day: December 6, 2022

Utility Communication Market Projected to Reach $26.1 Billion by 2027 – Report by MarketsandMarkets™

Chicago, Dec. 06, 2022 (GLOBE NEWSWIRE) — Utility Communication Market is projected to grow from USD 20.2 billion in 2022 to USD 26.1 billion by 2027, at a CAGR of 5.3% according to a new report by MarketsandMarkets™. The Utility Communication Market has promising growth. Growing investment in smart grids; the need for improving grid reliability and operating efficiency and reducing outage length; rising technological advancements in communication technologies; and the need for IoT integration in the operations of the oil & gas industry are driving the growth of the market. Browse in-depth TOC on “Utility Communication Market”      163 – Tables56 – Figures220 – Pages Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=79991490 The transmission & distribution is expected to be the largest...

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NestRange Offers Customizable, Actionable Property Data for Real Estate and Financial Industries

The NestRange SaaS Property Data Platform Offers Users a Highly Accurate and Customizable ExperienceAltisource Altisource logoIsrael Meir – Chief Strategy and Technology Officer, Altisource Israel Meir – Chief Strategy and Technology Officer, AltisourceLUXEMBOURG, Dec. 06, 2022 (GLOBE NEWSWIRE) — Altisource, an integrated service provider and marketplace for the real estate and mortgage industries, has launched NestRange as a cost-effective, data-informed Automated Valuation Model that estimates the value of residential properties. This SaaS product leverages a national property database, geospatial comparable data, machine learning and AI to help real estate professionals, investors and financial institutions make decisions with confidence. The NestRange AVM is a fully interactive tool that estimates the value...

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Tyson Foods to Give Over 90,000 U.S. Hourly Team Members Approximately $50 Million in Year-End Bonuses

SPRINGDALE, Ark., Dec. 06, 2022 (GLOBE NEWSWIRE) — Tyson Foods is saying thank you once again to more than 90,000 hourly team members across the U.S. by giving them approximately $50 million in year-end bonuses for their efforts over the past year. For team members in the U.S., these bonuses range from $300 to $700, and will be distributed starting mid-December. In addition to year-end bonuses, Tyson is offering flexible work schedules at some facilities, and new and expanded benefits, services and resources for all U.S. team members beginning in 2023. This includes new parental leave, additional mental health support and other health plan benefits to enhance our caring and inclusive culture. With average hourly pay of around $19, plus the value of medical, dental and vision insurance, vacation and other benefits, the average total...

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AutoZone 1st Quarter Same Store Sales Increase 5.6%; EPS Increases to $27.45

MEMPHIS, Tenn., Dec. 06, 2022 (GLOBE NEWSWIRE) — AutoZone, Inc. (NYSE: AZO) today reported net sales of $4.0 billion for its first quarter (12 weeks) ended November 19, 2022, an increase of 8.6% from the first quarter of fiscal 2022 (12 weeks). Domestic same store sales, or sales for stores open at least one year, increased 5.6% for the quarter. “I would again like to thank and congratulate our AutoZoners across the Company for their ongoing commitment to deliver great results and exceptional customer service.  Their efforts allowed us to deliver solid same store sales results on top of last year’s very strong 13.6%.  While our Commercial sales growth accelerated 15%, our retail sales also grew impressively from a year ago.  We continue to believe our initiatives to grow our business position us well for the remainder of our fiscal...

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Form 8.3 – [Devro plc – 05 12 2022] – (CGWL)

FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORERule 8.3 of the Takeover Code (the “Code”) 1.        KEY INFORMATION(a)   Full name of discloser: CANACCORD GENUITY WEALTH LIMITED (for Discretionary clients)(b)   Owner or controller of interests and short positions disclosed, if different from 1(a):        The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named. N/A(c)   Name of offeror/offeree in relation to whose relevant securities this form relates:        Use a separate form for each offeror/offeree DEVRO PLC(d)   If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: N/A(e)   Date position held/dealing...

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Aura Declares Dividend of US$0.14 per share to be paid in December 2022

ROAD TOWN, British Virgin Islands, Dec. 06, 2022 (GLOBE NEWSWIRE) — Aura Minerals Inc. (TSX: ORA, B3: AURA33 and OTCQX: ORAAF) (“Aura” or the “Company”) announced today that the Company’s Board of Directors (the “Board”) has declared and approved the payment of a dividend (the “Dividend”) of US$0.14 per common share (approximately US$10.1 million in total). In accordance with the Company’s dividend policy (the “Dividend Policy”), the Dividend is in respect of and is based on Aura’s expected financial results for the six months ending on December 31, 2022. The Company had a strong liquidity position, with cash and cash equivalents of approximately US$121 million as of September 30, 2022. Under the Dividend Policy, the Company’s annual dividend is equal to 20% of its estimated Adjusted EBITDA1 for the relevant six months less sustaining...

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Hepsiburada Announces Third Quarter 2022 Financial Results

ISTANBUL, Turkey, Dec. 06, 2022 (GLOBE NEWSWIRE) — D-MARKET Electronic Services & Trading (d/b/a “Hepsiburada”) (NASDAQ: HEPS), a leading Turkish e-commerce platform (referred to herein as “Hepsiburada” or the “Company”), today announces its unaudited financial results for the third quarter ended September 30, 2022. Restatement of financial information: Pursuant to the International Accounting Standard 29, Financial Reporting in Hyperinflationary Economies (“IAS 29”), the financial statements of entities whose functional currency is that of a hyperinflationary economy must be adjusted for the effects of changes in a general price index. Turkish companies reporting under IFRS, including the Company, have been required to apply IAS 29 to their financial statements for periods ending on and after June 30, 2022. The Company’s...

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Conn’s, Inc. Reports Third Quarter Fiscal Year 2023 Financial Results

THE WOODLANDS, Texas, Dec. 06, 2022 (GLOBE NEWSWIRE) — Conn’s, Inc. (NASDAQ: CONN) (“Conn’s” or the “Company”), a specialty retailer of home goods, including furniture, appliances, and consumer electronics, with a mission to elevate home life to home love, today announced its financial results for the quarter ended October 31, 2022. “Retail sales remain challenged by macroeconomic headwinds, which continues to impact discretionary spending, and lower year-over-year lease-to-own sales. As we navigate this environment, we are refocusing our efforts to better serve our core credit constrained customers. Conn’s differentiated credit offerings power a compelling model that we believe is needed now more than ever as consumers across the country are impacted by high inflation and growing economic uncertainty,” stated Norm Miller Interim...

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Treasure Global Reports Fiscal Year 2022 Results

Record Total Revenues Of $79.7 Million, Up 468% Year-Over-Year Successfully Completed IPO Raising Total Gross Proceeds Of $9.2 Million Achieved ZCITY User Milestones Reaching Over 2.3 Million Registered Users As Of November 30, 2022 NEW YORK and KUALA LUMPUR, Malaysia, Dec. 06, 2022 (GLOBE NEWSWIRE) — Treasure Global Inc (NASDAQ: TGL) (“TGI”, or the “Company”), an innovative e-commerce platform providing seamless payment solutions and rewards programs, today reported its financial results for the fiscal year ended June 30, 2022. “During the fiscal year 2022 and subsequent months, the entire TGI team have worked diligently to grow its innovative e-commerce business while simultaneously preparing to take the Company public. We are extremely proud to report record total revenues of $79.7 million for the fiscal year 2022, an increase...

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ZRG Acquires Hub Recruiting, a Tech Enabled RPO Provider

NEW YORK and ROCHELLE PARK, N.J., Dec. 06, 2022 (GLOBE NEWSWIRE) — ZRG, a rapidly growing global talent advisory firm, today announced its acquisition of Hub Recruiting, LLC. a leading, boutique RPO (Recruiting Process Outsourcing) firm. Based out of Bedford, MA, Hub Recruiting is a leading RPO that partners with growing technology companies by providing embedded recruiters and/or entire recruiting teams for hiring challenges that range from one hire to entire, organizational buildouts. Hub’s approach combines exceptional recruiters and sourcers, ongoing training and coaching, and integrated tools including data analytics – called Full Stack RPO. Their key focus areas include technology driven companies who are building their technology, revenue, and corporate functions, nationally and internationally. “Increasingly, our clients...

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