Day: June 28, 2023

SINGAPORE, June 28, 2023 (GLOBE NEWSWIRE) — Genius Group Limited (NYSE American: GNS) (“Genius Group” or the “Company”), a world-leading entrepreneur Edtech and education group has today announced plans to launch a pioneering $1 Million Entrepreneur Scholarship Fund for students enrolling at the California Business School at University of Antelope Valley (UAV) in California, USA. The scholarship fund is available for students applying to enroll in degrees at the Bachelor’s and Master’s levels, including in business with concentrations in entrepreneurship or digital marketing. Students will have the opportunity to obtain an innovative AI Entrepreneur Certificate issued by GeniusU, with a focus on new technologies including Artificial Intelligence (AI) and Augmented Reality (AR), with access to coursework and content delivered by...

WILMINGTON, Del., June 28, 2023 (GLOBE NEWSWIRE) — Ashland Inc. (NYSE: ASH) today provided an update for preliminary fiscal 2023 third-quarter financial results1 and its outlook for fiscal year 2023 results. The global additives and specialty ingredients company holds leadership positions in high-quality, consumer-focused markets including pharmaceuticals, personal care and architectural coatings. Preliminary projected fiscal 2023 third-quarter financial resultsAshland’s projected financial results for the third quarter reflect the following:The continuation and intensification of customer de-stocking across many of the company’s end markets with continued uncertainty about when the de-stocking dynamics will end; As previously communicated, proactive internal inventory-control measures for certain product lines resulting in approximately...

TORONTO, June 28, 2023 (GLOBE NEWSWIRE) — Firan Technology Group Corporation (TSX: FTG) today announced that IPC’s Validation Services Program has awarded qualification for IPC-1791, Trusted Electronics Fabricator Requirements Qualified Manufacturers Listing (QML) to FTG Circuits Toronto. FTG is a global corporation offering design, development, prototypes and manufacturing solutions for aerospace and defense electronic products and subsystems. The FTG Circuits Toronto facility passed stringent Type 2 fabricator requirements, helping to optimize product quality, reliability, and consistency across the entire manufacturing operations, earning a spot-on IPC’s global network of rigorously vetted, trusted sources. Requirements for qualification and QML listing to IPC-1791 includes product and quality system, supply chain risk...

SINGAPORE, June 28, 2023 (GLOBE NEWSWIRE) — Genius Group Limited (NYSE American: GNS) (“Genius Group” or the “Company”), a leading entrepreneur edtech and education group, advises that the audit opinion of its audited consolidated financial statements for the fiscal year ended December 31, 2022, included in the Company’s Annual Form on 20F filed with the Securities and Exchange Commission on June 6, 2023, contained a going concern qualification. Release of this information is required by Sections 401(h) and 610(b) of the NYSE American Company Guide. It does not represent any change of amendment to any of the Company’s filings for the fiscal year ended December 31, 2022. About Genius Group Genius Group is a world leading entrepreneur Edtech and education group, with a mission to disrupt the current education model with a student-centered,...

Shelton, CT, June 28, 2023 (GLOBE NEWSWIRE) — The Board of Directors of Hubbell Incorporated (NYSE: HUBB) announces the election of Debra L. Dial as a Director of the company effective July 1, 2023. Ms. Dial brings over 25 years of experience in financial reporting and strategy with a Fortune 20 global telecommunications company. Hubbell has added three new independent directors in the last three years as part of its ongoing Board succession program. Hubbell’s Chairman, President and CEO, Gerben Bakker said, “We value the deep experience and perspectives in finance and accounting that Debbie Dial will bring to the Hubbell Board as well as her proven leadership skills in areas such as mergers and acquisitions, business strategy, and risk management. Debbie further strengthens Hubbell’s focus on these key areas, and we are excited...

Fort Lauderdale, FL, June 28, 2023 (GLOBE NEWSWIRE) — OptimumBank Holdings, Inc. (NASDAQ: OPHC) Similar to my comments at last year’s Annual Shareholder meeting, I want to focus today on our past year’s results and discuss our expectations for the remainder of 2023. 2022 was a great year for us, as we had a full year of normalized results. There was barely any income from any one-time events, and we saw our net income pre-tax and pre-allowance jump over 74%. We will discuss earnings later, but our story today is still all about growth. The growth in 2023 is a slower growth as we have managed to hold our loan pricing to a spread over SOFR which brings us to over a 3.5% NIM on current deposit pricing. I, for one, am in favor of slowing growth during this strange time in the world with interest rates being as high as they are. For...

MONTREAL, June 28, 2023 (GLOBE NEWSWIRE) — WSP Global Inc. (TSX: WSP) (“WSP” or the “Corporation”) announces that it has been recognized as one of Canada’s Best 50 Corporate Citizens by Corporate Knights for the third consecutive year. This achievement highlights top scores in environmental metrics, sustainable investment, and diversity. “This recognition is a testament to the dedication and collective efforts of our teams who continuously strive to make a positive impact on society and the environment. We are proud of our Environmental, Social, and Governance (ESG) commitments and performance, and grateful for this acknowledgment,” said Alexandre L’Heureux, President and CEO of WSP. “We take great pride in being ranked once again among the Best 50 Corporate Citizens in Canada, and this accolade fuels our motivation to continue...