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Day: May 25, 2023

FRO – Invitation to Q1 2023 Results Conference Call and Webcast

Frontline plc.’s preliminary first quarter 2023 results will be released on Wednesday May 31, 2023, and a webcast and conference call will be held at 3:00 p.m. CET (9:00 a.m. U.S. Eastern Time). The results presentation will be available for download from the Investor Relations section at www.frontlineplc.cy ahead of the conference call.  In order to attend the conference call you may do one of the following: a. WebcastGo to the Investor Relations section at www.frontlineplc.cy and follow the “Webcast” link, or access directly from the link below. Frontline plc Q1 2023 Webcast b. Conference Call Participants will need to register online prior to the conference call via the link below. Dial-in details will be available when registered.               Frontline plc Q1 2023 Conference Call A Q&A session will be held after the teleconference/webcast....

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Result of auction of mortgage covered bonds (SDRO’s) in series 11F, 12E, 12F and 12G

To NASDAQ Copenhagen A/S   Executive Board Lersø Parkalle 100 DK-2100 København Ø www.rd.dk Telephone +45 7012 5300 25 May 2023Company announcement number 42/2023 Result of auction of mortgage covered bonds (SDRO’s) in series 11F, 12E, 12F and 12GToday, Realkredit Danmark has completed the auctions of mortgage covered bonds (SDRO’s) in series 11F, 12E, 12F and 12G for the refinancing of FlexKort®, RD Cibor6® Green, RD Cibor6® and RD Euribor3® as of 1 July 2023. The result of the auctions is set out in the appendix to this announcement.   The Executive Board Any additional questions should be addressed to Christian Rosenstand, Head of RD Funding, phone +45 45 13 20 19.AttachmentsNr. 42_Resultat af auktioner over obligationer_ukBilag til selskabsmeddelelse nr. 42-2023_uk

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NIO Inc. to Hold Annual General Meeting on June 26, 2023

SHANGHAI, China, May 25, 2023 (GLOBE NEWSWIRE) — NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) (“NIO” or the “Company”), a pioneer and a leading company in the premium smart electric vehicle market, today published a notice to announce that it will hold an annual general meeting (the “AGM”) of shareholders (the “Notice of AGM”) at 10:30 am, Beijing time, on June 26, 2023 at Building 19, No. 889, Tianlin Road, Minhang District, Shanghai, People’s Republic of China, for the purposes of considering and, if thought fit, passing the proposed resolutions set forth in the Notice of AGM (the “Proposed Resolutions”). The Notice of AGM and form of proxy for the AGM are available on the Company’s website at https://ir.nio.com/generalmeeting. The board of directors of NIO fully supports the Proposed Resolutions and recommends that shareholders...

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Brown & Brown, Inc. announces the appointment of Pattysue Rauh as chief audit officer

DAYTONA BEACH, Fla., May 25, 2023 (GLOBE NEWSWIRE) — Brown & Brown, Inc. (NYSE:BRO) (the “Company”) has announced the appointment of Pattysue Rauh as chief audit officer for Brown & Brown, effective July 2023. Rauh will also serve on the senior leadership team. In this new role, Rauh will lead the Company’s internal audit and compliance operations, overseeing internal controls. She will transition from her current role as executive vice president of national employee benefits within Brown & Brown’s Retail segment over the coming month. Andy Watts, chief financial officer, said, “Pattysue has been a valuable part of the Brown & Brown team for more than 25 years. She has served in various roles, including marketing, production, office leadership, and most recently, as part of the leadership team driving the continued...

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Burlington Stores, Inc. Reports First Quarter 2023 Earnings

On a GAAP basis, total sales increased 11% Net income was $33 million, and diluted EPS was $0.50 Comparable store sales increased 4% On a non-GAAP basis, Adjusted EBIT was $87 million, and Adjusted EPS was $0.84BURLINGTON, N.J., May 25, 2023 (GLOBE NEWSWIRE) — Burlington Stores, Inc. (NYSE: BURL), a nationally recognized off-price retailer of high-quality, branded apparel, footwear, accessories, and merchandise for the home at everyday low prices, today announced its results for the first quarter ended April 29, 2023.   Michael O’Sullivan, CEO, stated, “Our first quarter comparable sales growth came in just below guidance. We had gotten off to a very strong start but then the trend fell off in March. We believe that this weakening in the trend was driven by two external and transitory factors – lower tax refunds and cooler...

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Titan Machinery Inc. Announces Results for Fiscal First Quarter Ended April 30, 2023

– Revenue for First Quarter of Fiscal 2024 Increased 23.6% to $569.6 million – – First Quarter of Fiscal 2024 EPS Increased 55% to $1.19 – – Reiterates Fiscal 2024 EPS Modeling Assumption Range of $4.50-$5.10 – WEST FARGO, N.D., May 25, 2023 (GLOBE NEWSWIRE) — Titan Machinery Inc. (Nasdaq: TITN), a leading network of full-service agricultural and construction equipment stores, today reported financial results for the fiscal first quarter ended April 30, 2023. David Meyer, Titan Machinery’s Chairman and Chief Executive Officer, stated, “We are off to a solid start to fiscal 2024 with strong first quarter results consistent with our expectations going into the year. Notably, each of our operating segments achieved expansion in pre-tax margins versus the prior year period. Our Agriculture...

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Adverum Biotechnologies Announces New Executive Leadership Roles

– Richard Beckman, M.D., chief medical officer, transitions to senior medical advisor – – Star Seyedkazemi, Pharm.D., chief development officer, expands her responsibilities to lead Adverum’s clinical development, medical affairs and pharmacovigilance teams – REDWOOD CITY, Calif., May 25, 2023 (GLOBE NEWSWIRE) — Adverum Biotechnologies, Inc. (Nasdaq: ADVM), a clinical-stage company that aims to establish gene therapy as a new standard of care for highly prevalent ocular diseases, today announced new executive leadership roles that support the ongoing development of the investigational gene therapy ixoberogene soroparvovec (Ixo-vec). Ixo-vec is currently being evaluated in the Phase 2 LUNA trial as a one-time intravitreal (IVT) injection for patients in the treatment of neovascular or wet age-related macular...

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Cosmetics Industry to Worth USD 415.29 Billion by 2028 | With a 5% CAGR

The global cosmetics market covered major segments by Category (Hair Care, Skin Care, Makeup, and Others), by Gender (Men and Women), by Distribution Channel (Specialty Stores, Hypermarkets/Supermarkets, Online Channels, and Others), and Regional Forecasts, and Others. Pune, India, May 25, 2023 (GLOBE NEWSWIRE) — The global cosmetics industry was valued at USD 277.67 billion in 2020 and is projected to grow from USD 287.94 billion in 2021 to USD 415.29 billion in 2028, exhibiting a CAGR of  5% during the 2021-2028 period. In recent times, demand for makeup and skincare products has surged dramatically. Both men and women use it to enhance their overall appearance.  The industry offers a wide variety of products, such as hair care, face care, lip care, and others.  Additionally, the increasing demand for anti-aging creams and serums...

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Cloud Seeding Market Emerging Trends [2023-2030] | Industry Trends, Key Companies Analysis & Forecast Report by Fortune Business Insights™

The key companies covered in cloud seeding market are RHS Consulting Ltd, North American Weather Consultants, Inc., Snowy Hydro limited, And Seeding Operations and Atmospheric Research (SOAR), and more players. Pune, India, May 25, 2023 (GLOBE NEWSWIRE) — The global cloud seeding market size is set to gain traction from the increasing adoption of weather modification technologies by various countries, shares Fortune Business Insights™ in its report, titled ”Cloud Seeding Market, 2023-2030”. The cloud seeding market refers to the industry involved in the artificial modification of weather patterns through the process of cloud seeding. Cloud seeding is a technique that aims to enhance precipitation in clouds, primarily for the purpose of increasing rainfall or reducing hail damage. The market for cloud seeding services and...

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LIZHI INC. Reports First Quarter 2023 Unaudited Financial Results

GUANGZHOU, China, May 25, 2023 (GLOBE NEWSWIRE) — LIZHI INC. (“LIZHI” or the “Company” or “We”) (NASDAQ: LIZI), an audio-based social and entertainment platform, today announced its unaudited financial results for the first quarter ended March 31, 2023. First Quarter 2023 Financial and Operational HighlightsNet revenues were RMB631.0 million (US$91.9 million) in the first quarter of 2023, representing a 22% increase from RMB516.7 million in the first quarter of 2022. Average total mobile MAUs1 in the first quarter of 2023 was 49.6 million, compared to 51.5 million in the first quarter of 2022. Average total monthly paying users2 in the first quarter of 2023 was 471.5 thousand, compared to 482.2 thousand in the first quarter of 2022.“We are pleased to announce a stellar performance for the first quarter, posting new record highs...

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