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Year: 2022

FirstService Brands Completes Three Tuck-Under Acquisitions

Broadens Restoration Geographic Footprint; Adds California Closets Portland TORONTO, Dec. 20, 2022 (GLOBE NEWSWIRE) — FirstService Corporation (TSX and NASDAQ: FSV) (“FirstService”) today announced that its FirstService Brands division has recently completed three acquisitions. Terms of the transactions were not disclosed. First Onsite Restoration acquired New Orleans, Louisiana-based Emergency Restoration, Inc. Founded in 2003, the company is a provider of emergency water mitigation and property restoration services throughout the New Orleans metropolitan area. Emergency Restoration has a strong, broad base of commercial clients that include long-standing relationships with local school boards, property managers, hotels, insurance brokers and adjusters. This acquisition enhances our presence and client coverage in a key geographic...

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Jack Creek Investment Corp. and Bridger Aerospace Announce Registration Statement Effectiveness and Extraordinary General Meeting Date to Approve Business Combination

Extraordinary General Meeting of Jack Creek Shareholders scheduled for January 10, 2023 Bridger Aerospace to be the only pure play, public U.S. aerial firefighting services company to offer industry-leading tactical expertise and proprietary technological capabilities to combat year-round environmental and economic crises associated with forest fires Combined company to be listed on NASDAQ under ticker “BAER”BOZEMAN, Mont. and NEW YORK, Dec. 20, 2022 (GLOBE NEWSWIRE) — Jack Creek Investment Corp. (“Jack Creek”) (NASDAQ: JCIC), a special purpose acquisition company, and Bridger Aerospace Group Holdings, LLC (“Bridger Aerospace”), a leading independent provider of aerial firefighting services, announced that the Securities and Exchange Commission (the “SEC”) has declared effective as of December 16, 2022 the registration statement...

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FuelCell Energy Reports Fourth Quarter of Fiscal 2022 Results

Fourth Quarter Fiscal 2022 Financial Highlights(All comparisons are year-over-year unless otherwise noted)Revenues of $39.2 million compared to $13.9 million Gross loss of $(15.2) million compared to $(8.4) million Loss from operations of $(42.7) million compared to $(22.6) millionFiscal Year 2022 Financial Highlights(All comparisons are year-over-year unless otherwise noted)88% increase in total revenues to $130.5 million compared to $69.6 million Loss from operations of $(143.7) million compared to $(64.9) million Net loss of $(147.2) million compared to $(101.0) million Adjusted EBITDA of $(91.7) million compared to $(40.7) million Backlog of $1.090 billion as of October 31, 2022, compared to $1.288 billion as of October 31, 2021 Unrestricted cash of $458.1 million as of October 31, 2022, compared to $432.2 million as of October...

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Purpose Investments Debuts Yield Shares, the World’s First Yield-Focused Single-Stock ETFs

Yield Shares seek to provide investors with enhanced* monthly distributions from individual stocks of world-class companies TORONTO, Dec. 20, 2022 (GLOBE NEWSWIRE) — Purpose Investments Inc. (“Purpose Investments”), a modern investment firm known for its globally innovative, client-centric products, is excited to announce the launch of Yield Shares by Purpose (“Yield Shares”), as described in the table below, the world’s first yield-focused single-stock ETFs, which will begin trading today on the NEO Exchange Inc. Yield Shares by Purpose are designed to offer investors a new tool to maximize yield in their portfolios. With Yield Shares, investors will earn enhanced monthly distribution yield through an investment in funds holding some of the world’s most widely held stocks, such as Amazon, Berkshire Hathaway, and Tesla, while maintaining...

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Global Aluminum Foil Packaging Market to Exceed Valuation of $44.29 Billion by 2028 | Beverage Industry Generates 47% Market Revenue

Global aluminum foil packaging market was valued at USD 34.23 billion in the year 2021, and it is expected to reach USD 44.29 billion by 2028, increasing at a CAGR of 4.2% from 2022 to 2028 Westford, USA, Dec. 20, 2022 (GLOBE NEWSWIRE) — The aluminum foil packaging market has been witnessing a steady growth in recent years as the market is predicted to grow at a CAGR of 4.2%% over the next seven years. The major factor contributing to the growth of this market is the increasing demand for food products, which is mainly attributed to the growing awareness about health and hygiene issues. Another factor that is propelling the growth of this market is the increasing adoption of eco-friendly products. Many consumers are increasingly keen on selecting environmentally friendly products, which in turn has led to an increase in the demand...

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Global Ammonium Nitrate Market to Touch Valuation of $24.29 Billion by 2028 | Russian Federation Produces 67% of the Global Ammonium Nitrate

Global ammonium nitrate market size was valued at USD 15.53 billion in 2021, and it is expected to reach a value of USD 24.29 billion by 2028, at a CAGR of 6.6% over the forecast period (2022-2028). Westford, USA, Dec. 20, 2022 (GLOBE NEWSWIRE) — The ammonium nitrate market is a supplier of the raw material for explosives, propellants and fertilizers. Explosive production requires large amounts of ammonium nitrate and other ingredients, so the industry employs about 550,000 people worldwide. The manufacture and sale of fertilizer relies on ammonium nitrate as well. SkyQuest provides an in-depth analysis of market. The report covers topics such as market overview, market drivers, key considerations for potential participants, and market opportunities. According to our study, the global ammonium nitrate supply is estimated to grow...

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Portable Generator Market size worth USD 5.87 Billion by 2026 | Industry expected to grow at 5.4 CAGR

The global portable generator market size valued USD 3.88 billion in 2018. The market is to grow worth USD 5.87 billion by 2026, at CAGR of 5.4%. Pune, India, Dec. 20, 2022 (GLOBE NEWSWIRE) — The global Portable Generator Market is projected to reach a size of USD 5.87 billion by 2026, at a CAGR of 5.4%, from an estimated USD 3.88 billion in 20218. Need for backup power during blackouts is one of the key factors driving the growth of the portable generator market. Increase in adoption of dual fuel and inverter generator to offer lucrative opportunities for the portable generator market during the forecast period. Weather-related natural calamities such as hurricanes and floods have spiked in terms of frequency in last few decades. According the United Nations Office for the Coordination of Humanitarian Affairs (OCHA), a staggering...

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FactSet Reports Results for First Quarter 2023

Q1 GAAP revenues of $504.8 million, up 18.9% from Q1 2022 Organic Q1 ASV plus professional services of $1.8 billion, up 8.8% year over year Q1 GAAP operating margin of 34.1%, up 517 bps year over year, and adjusted operating margin of 38.3%, up 471 bps over the prior year Q1 GAAP diluted EPS of $3.52, up 26.2% from the prior year, and adjusted diluted EPS of $3.99, up 22.8% year over yearNORWALK, Conn., Dec. 20, 2022 (GLOBE NEWSWIRE) — FactSet (“FactSet” or the “Company”) (NYSE:FDS) (NASDAQ:FDS), a global provider of integrated financial information, analytical applications, and industry-leading service, today announced results for its first quarter as of November 30, 2022. First Quarter Fiscal 2023 HighlightsGAAP revenues increased 18.9%, or $80.1 million, to $504.8 million for the first quarter of...

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Global Wireless Infrastructure Market to Hit Sales of $426.68 Billion by 2028 | India is the Most Lucrative Market | Nokia and Sony Ericson to Benefit the Most

Global wireless infrastructure market was valued at US$ 178.65 billion in 2021, and it is expected to reach a value of US$ 426.68 billion by 2028, at a CAGR of 11.17% over the forecast period (2022–2028). Westford, USA, Dec. 20, 2022 (GLOBE NEWSWIRE) — The wireless infrastructure market is expected to grow at a CAGR of over 11.17% over the forecast period. The primary drivers for this growth include expanding use of smart devices and growing demand for cellular coverage across emerging markets. However, challenges such as increasing spectrum congestion and security concerns are expected to hamper the industry’s growth in the long term. Moreover, there is concern about how these expanding technology advancements will impact the workforce and society in general. As a result, there is an urgent need to formulate effective policy...

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Global Lithium Mining Market to Generate Revenue of $494.59 Million by 2028 | Australia to Produces over 50% Lithium Carbon Equivalent by 2024

Global lithium mining market was valued at USD 340 Million in 2021, and it is expected to reach a value of USD 494.59 Million by 2028, at a CAGR of 5.5% over the forecast period (2022-2028). Westford, USA, Dec. 20, 2022 (GLOBE NEWSWIRE) — Today, lithium is one of the most important minerals when it comes to the production of electric vehicles. Lithium-ion batteries are light, powerful and take less space than other battery types. Tesla, Panasonic and other car manufacturers in the global lithium mining market are betting big on this mineral. In 2021 alone, global lithium production was 100,000 metric tons. By 2025, that number is projected to increase to 200,000 million tons. However, there is a downside to all of this growth: lithium reserves are spotty and the mineral is difficult and expensive to extract. Get sample copy of...

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