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Day: April 3, 2023

AssetMark Names Josh Armey Executive Vice President of Corporate Strategy

Written by Customer Service on . Posted in Public Companies.

CONCORD, Calif., April 03, 2023 (GLOBE NEWSWIRE) — AssetMark (NYSE: AMK) today announced the appointment of Josh Armey as Executive Vice President and Head of Corporate Strategy. In his new role, Armey will serve as a member of the firm’s Executive Committee and will work with leaders across the organization to accelerate strategic growth and maximize AssetMark’s long-term performance. Armey brings decades of experience in enterprise strategy and transformation, having most recently served as the Head of Transformation at Edward Jones. There, he established the firm’s Transformation Office and implemented a framework and processes for achieving their transformation vision, ultimately accelerating firm-wide adoption and execution of the strategy. “As AssetMark continues its evolution into a full-service wealth management...

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EBI Partners with Al-Rushaid Technologies to Broaden International Reach

Written by Customer Service on . Posted in Public Companies.

Company delivers innovative data protection to communities in the Middle East and North Africa Jacksonville, Florida, April 03, 2023 (GLOBE NEWSWIRE) — Everything Blockchain Inc., (OTCMKTS: EBZT), a technology company that is blending blockchain, DBMS and Zero Trust to deliver disruptive new ways to store, manage and protect data, today announced a partnership with Al-Rushaid Technologies (ART). Together, the two companies will work to deliver highly-differentiated data protection solutions to countries in the Middle East and North Africa. ART, a subsidiary of Al-Rushaid Group, offers a variety of innovative IT solutions suitable for companies of all sizes and across various industries. The five-year distribution deal with a combined total of $47 million in performance based milestone payments to EBI will position ART as the exclusive...

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Nextensa: Nextensa sells office building Treesquare in Brussels to KGAL Investment Management

Written by Customer Service on . Posted in Mergers And Acquisitions.

PRESS RELEASE Brussels, 3 April 2023, 5.40 PM        Nextensa sells office building Treesquare in Brussels to KGAL Investment Management The sale of Treesquare, a fully let sustainable office building located in the heart of the European district of Brussels, took place today. The German KGAL Investment Management purchased the property for the net price of 43.7 million euros by way of an asset deal. As a leading independent investment and asset manager, KGAL Investment Management (KGAL) has been active in the international real estate market for many years. The German group focuses on long-term investments for institutional and private investors in real estate, sustainable infrastructure and aviation. Treesquare will become part of the pan-European KGAL Core 4 Real Estate fund. “The property fits perfectly into the investment strategy...

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Innovative Food Holdings, Inc. Reports Financial Results for Fourth Quarter and Full Year of 2022

Written by Customer Service on . Posted in Earnings Releases And Operating Results.

Fourth quarter total revenue up 14.5% year-over-year to a quarterly record of $23.9 million Continued focus on profitability produces fourth quarter net income of $1.1 million or $0.02 per diluted share Fourth-quarter operating cash flow of $2.2 millionBONITA SPRINGS, Fla., April 03, 2023 (GLOBE NEWSWIRE) — Innovative Food Holdings, Inc. (OTCQB: IVFH) (“IVFH” or the “Company”), a national seller of gourmet specialty foods to professional and home chefs today reported its financial results for the fourth quarter and full year of 2022.   “Our record 2022 fourth-quarter results completed a strong year of total revenue growth and significant improvements in profitability and operating cash flow. Throughout the year we focused on supporting our professional and home chef customers as the industry navigated unprecedented logistics,...

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Brookfield Infrastructure to Host First Quarter 2023 Results Conference Call

Written by Customer Service on . Posted in Public Companies.

BROOKFIELD, News, April 03, 2023 (GLOBE NEWSWIRE) — Brookfield Infrastructure Partners will hold its first quarter 2023 conference call and webcast on Wednesday, May 3, 2023 at 9:00 a.m. (ET). Results will be released that morning before 7:00 a.m. (ET) and will be available on our website at www.bip.brookfield.com. Participants can join by conference call or webcast: Conference CallPlease pre-register at: https://register.vevent.com/register/BI72022c6c4f02498f937e75c408f74f90 Upon registering, you will be emailed a dial-in number, direct passcode and unique PIN. This process will bypass the operator and avoid the queue.WebcastPlease join and register at: https://edge.media-server.com/mmc/p/tehnbre3About Brookfield Infrastructure Brookfield Infrastructure is a leading global infrastructure company that owns and operates...

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Rogers Closes Transformative Merger with Shaw

Written by Customer Service on . Posted in Mergers And Acquisitions.

Brings together two iconic, entrepreneurial Canadian companiesCreates one national cable, media, and wireless company Unlocks billions in investment to bring significant benefit to Canada and Canadians TORONTO, April 03, 2023 (GLOBE NEWSWIRE) — Rogers Communications Inc. announced today it has completed its historic merger with Shaw Communications Inc.  “This is a momentous day for our customers, who will benefit from the latest services and network technology, and for our teams, who have worked so hard to get us here,” said Tony Staffieri, President and CEO, Rogers. “We’re proud to bring together these two iconic companies to deliver more value, more connectivity, and more innovation for Canadians.” Brings together two iconic, entrepreneurial Canadian companies “Rogers and Shaw have been connecting Canadians for more than...

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Enact Announces Integration with Vesta’s Loan Origination System

Written by Customer Service on . Posted in Public Companies.

Enact Rate Quotes and MI Ordering Now Available Directly Through Vesta RALEIGH, N.C., April 03, 2023 (GLOBE NEWSWIRE) — Enact Holdings, Inc. (Nasdaq: ACT) (Enact), a leading provider of private mortgage insurance through its insurance subsidiaries, announced today that they have integrated with Vesta, a next generation loan origination system (LOS) and software-as-a-service company. Enact customers are now able to get rate quotes as well as order non-delegated and delegated mortgage insurance through Vesta’s platform. Founded in 2020, Vesta enables lenders of all sizes to build customizable workflows and rules around their mortgage processes directly into the LOS platform. “Enact strives to provide a world-class customer experience for each of our lender partners,” said Neenu Kainth, Chief Customer Experience Officer at Enact,...

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Quebecor closes acquisition of Freedom Mobile

Written by Customer Service on . Posted in Mergers And Acquisitions.

A fourth major wireless carrier is launched in Canada MONTRÉAL and CALGARY, Alberta, April 03, 2023 (GLOBE NEWSWIRE) — Quebecor Inc. (“Quebecor”) and Shaw Communications Inc. (“Shaw”) announced today that the acquisition of Freedom Mobile Inc. (“Freedom”) by Videotron Ltd. (“Videotron”), a wholly-owned subsidiary of Quebecor, has been completed, creating the fourth strong, competitive wireless service provider that Canadian consumers and governmental and regulatory authorities have been waiting for (the “Freedom Transaction”). With a combined total of more than 3.5 million customers for mobile services alone and the expertise of nearly 7,500 employees, Freedom and Videotron have the leverage to further disrupt Canada’s wireless market. “We are very pleased to be closing the acquisition of Freedom Mobile today, bringing its Canadian...

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Security National Financial Corporation Reports Financial Results for the Year Ended December 31, 2022

Written by Customer Service on . Posted in Earnings Releases And Operating Results.

SALT LAKE CITY, April 03, 2023 (GLOBE NEWSWIRE) — Security National Financial Corporation (SNFC) (NASDAQ symbol “SNFCA”) announced financial results for the year ended December 31, 2022. For the twelve months ended December 31, 2022, SNFC’s after-tax earnings from operations decreased 35% from $39,519,000 in 2021 to $25,690,000 in 2022, on a 17% decrease in revenues to $389,652,000. Scott Quist, Chairman of the Board, President, and Chief Executive Officer of SNFC, said, “Overall, our after-tax profit of $25.6 million means that the Company earned a net 1.76% return on total assets (2.35% pretax) and an 8.7% return on equity (11.6% pretax). Those are very acceptable overall numbers and is, in fact, our 3rd best year lagging behind only 2020 and 2021. Nevertheless, I would characterize 2022 as being a “rugged” year....

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Cumulus Media’s “Your Music First” Multi-Week Audio Series Takes Listeners Behind the Scenes With Three-Time GRAMMY Winner and Hitmaker Darius Rucker, Who Returns to Country Radio With New Single, “Fires Don’t Start Themselves”

Written by Customer Service on . Posted in Public Companies.

44 Cumulus Country Radio Stations Across the U.S. Will Showcase the Highly Anticipated New Single Through Revealing Vignettes Featuring Exclusive Background Stories and Personal Insights From the Former Hootie & the Blowfish Frontman ATLANTA, April 03, 2023 (GLOBE NEWSWIRE) — Cumulus Media (NASDAQ: CMLS) announces that today it will launch the third installment of its new multi-week audio series, Your Music First, featuring Country superstar and Capitol Records Nashville recording artist Darius Rucker’s new single, “Fires Don’t Start Themselves.” The multi-part series will air over the next four weeks across 44 Cumulus Media Country radio stations in markets from coast-to-coast and will showcase the romantic anthem, along with Rucker’s personal insights into making the single and exclusive behind-the-scenes stories and candid...

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