Year: 2022

Marimekko Corporation: Repurchase of own shares on 18 November 2022

Written by Customer Service on November 18, 2022. Posted in Public Companies.

Marimekko Corporation, Stock Exchange Release, 18 November 2022 at 6.30 p.m. Marimekko Corporation: Repurchase of own shares on 18 November 2022 On 18 November 2022, Marimekko Corporation (LEI: 74370053IOY42B9YJ350) has acquired its own shares (ISIN FI0009007660) as follows:Trade date 18 November 2022Bourse trade BuyShare MEKKOAmount 4,500Average price/share EUR 9.2050Total cost EUR 41,422.50On 14 November 2022, Marimekko announced that it will start acquiring the company’s own shares based on the authorization granted by the Annual General Meeting held on 12 April 2022. As per the authorization granted by the Annual General Meeting, the acquired shares may be used for the company’s incentive compensation program, be transferred...

Wallbridge Announces Successful Completion of Sale of Nickel Assets to Archer Exploration

Written by Customer Service on November 18, 2022. Posted in Mergers And Acquisitions.

TORONTO, Nov. 18, 2022 (GLOBE NEWSWIRE) — Wallbridge Mining Company Limited (TSX:WM, OTCQX:WLBMF) (“Wallbridge” or the “Company”) today announced that it has completed the previously-announced sale of all of the property, assets, rights, and obligations related to Wallbridge’s portfolio of nickel assets (the “Transaction”) to Archer Exploration Corp. (CSE: RCHR) (“Archer”). Under terms of the Transaction, Wallbridge has received 66,211,929 common shares of Archer (the “Archer Shares”) with an aggregate deemed value of approximately $53.6 million (valued using the July 12, 2022, closing price of the Archer Shares). Additional consideration includes retention of a 2% net smelter royalty on production from the Grasset project. Wallbridge has nominated two representatives to the Archer board of directors – Marz Kord, President...

Splash Beverage Group Names Industry Veteran James Allred to Head Sales & Distribution

Written by Customer Service on November 18, 2022. Posted in Public Companies.

Fort Lauderdale, Florida, Nov. 18, 2022 (GLOBE NEWSWIRE) — Splash Beverage Group, Inc. (NYSE American: SBEV) (“Splash” or the “Company”), a portfolio company of leading beverage brands, today announced that it has named James Michael Allred to the position of Senior Vice President of Sales. Reporting to Splash Beverage Group President, Bill Meissner, Allred will become a key member of the Splash leadership team and be responsible for leading the sales organization, driving sales initiatives through Splash’s growing distribution network and building the size of our national retail-chain customer base. Prior to joining Splash Beverage Group, Allred was employed by Anheuser-Busch InBev where he held several senior-level sales roles since beginning his career there more than 20 years ago. Most recently, Allred was Senior Sales Director...

Virbela Named to Fast Company’s Second Annual List of the Next Big Things in Tech

Written by Customer Service on November 18, 2022. Posted in Public Companies.

List Recognizes Tech Breakthroughs Across Industries That Promise to Transform the FutureVirbela Named to Fast Company’s Second Annual List of the Next Big Things in Tech List Recognizes Tech Breakthroughs Across Industries That Promise to Transform the FutureBELLINGHAM, Wash., Nov. 18, 2022 (GLOBE NEWSWIRE) — Virbela®, an immersive technology company that’s redefining the modern workplace with its next generation of products for the metaverse and virtual reality (VR), today announced that it has been named to Fast Company’s second annual Next Big Things in Tech 2022 list, honoring technology breakthroughs that promise to shape the future of industries. Virbela is recognized in the Metaverse and Web3 category for building a platform that is making it easy for companies to establish digital headquarters. Virbela has pioneered...

QIWI Announces Third Quarter 2022 Financial Results

Written by Customer Service on November 18, 2022. Posted in Earnings Releases And Operating Results.

NICOSIA, Cyprus, Nov. 18, 2022 (GLOBE NEWSWIRE) — QIWI plc (NASDAQ and MOEX: QIWI) (“QIWI” or the “Company”), a leading provider of cutting-edge payment and financial services in Russia and the CIS, today announced its financial results for the third quarter ended September 30, 2022.3Q 2022 key operating and financial highlights12 3Q 2021RUB million 3Q 2022RUB million YoY 9M 2021RUB million 9M 2022RUB million YoY 3Q 2022USD million(1) 9M 2022USD million(1)Consolidated Group results Revenue 11,746 12,955 10.3% 31,793 36,687 15.4% 225.6 639.0 Total Net Revenue 6,419 8,725 35.9% 17,629 25,238 43.2% 152.0 439.6 Adjusted EBITDA 3,834 5,620 46.6% 10,504 16,279 55.0% 97.9 283.5 Adjusted EBITDA margin 59.7 % 64.4 % 4.7 p.p. 59.6 % 64.5 % 4.9 p.p. 64.4 % 64.5 %Profit...

Global Skincare Market to Hit Sales of $207.22 Billion by 2028 | Working Women to Generate Sales of over $63 billion

Written by Customer Service on November 18, 2022. Posted in Mergers And Acquisitions.

Global skincare market was valued at USD 146.29 billion in 2021, and it is expected to reach a value of USD 207.22 billion by 2028, at a CAGR of more than 5.1% over the forecast period (2022–2028). Westford, USA, Nov. 18, 2022 (GLOBE NEWSWIRE) — The global skincare market is expected to grow at a CAGR of 5.4%. In this report, SkyQuest provides an overview of the market, including market size and segmentation, product types and applications, key players, supply channels, and future trends. Skincare is an important category for retail sales. Asia Pacific will continue to be the dominant region with a share estimated at over 38% in the years to come. The demand for skincare product is expected to be higher in South Korea, India, and Japan, among others. North America is expected to grow at a faster rate than other regions due to increasing...

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

Written by Customer Service on November 18, 2022. Posted in Public Companies.

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...

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

Written by Customer Service on November 18, 2022. Posted in Mergers And Acquisitions.

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...

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

Written by Customer Service on November 18, 2022. Posted in Mergers And Acquisitions.

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...

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

Written by Customer Service on November 18, 2022. Posted in Mergers And Acquisitions.

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...

Year: 2022

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