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Day: July 18, 2023

New Data Shows Majority of HR Leaders Believe Consumer-Directed Benefits Help Employees Battle Inflation

HealthEquity releases research findings from national employer and employee surveys DRAPER, Utah, July 18, 2023 (GLOBE NEWSWIRE) — HealthEquity, Inc. (NASDAQ: HQY) (“HealthEquity”), the leader in health savings accounts (HSAs) and consumer-directed benefits administration released results from its latest employer survey which finds 87% of employers believe consumer directed-benefits can be a vehicle for battling inflation. “We’ve all experienced the effects of shrinking purchasing power this year,” said HealthEquity Executive Vice President and Chief Marketing Officer, Tia Padia. “That’s why HSAs are more important than ever — utilizing consumer-directed benefits helps employees keep more of their paychecks month-to-month.” The consumer price index has increased by 13% in the United States since April 2021. HealthEquity’s new data...

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Pervasip Announces Second Quarter Financials

SEATTLE, July 18, 2023 (GLOBE NEWSWIRE) — Pervasip Corp. (OTCPK: PVSP) (“Pervasip” or the “Company”), a developer of companies and technologies in high value emerging markets, and its wholly owned subsidiary, Artizen Corporation, today announced the filing of its unaudited financial statements for its 2nd Quarter ended May 31, 2023. Key HighlightsThe Company achieved break-even Net Income from Operations in its second quarter, compared to a loss of $1,111,980 in the same period in 2022. The Company also achieved break-even operating cash during the Six Month Ended on May 31, compared to a $854,221 loss of cash for the same 6 months period in 2022. SG&A in this six-month period is down by $476,308 compared to the same period last year. For the six-month ended period on May 31, 2023, the Company’s EBIDTA grew from about $167,000...

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Body Contour Tech: Drug Discovery Outsourcing Market Set to Soar Past USD 6.2 Billion by 2030 | Skyquest Technology

The Drug discovery outsourcing market, encompassing small molecules, large molecules, and biologics, is experiencing significant growth in various therapeutic areas such as oncology, cardiovascular, and respiratory system. With a focus on workflow stages like target identification, lead optimization, and preclinical development, the market serves hospitals, clinics, and medical laboratories. It is projected to exhibit strong growth from 2023 to 2030. Westford USA, July 18, 2023 (GLOBE NEWSWIRE) — The global Drug Discovery Outsourcing market size is expected to reach USD 6.2 billion by 2030 and exhibit a CAGR of 7.3% in the forecast period (2023−2030), according to Skyquest’s latest research report. The increasing complexity and cost of drug development, growing demand for specialized expertise and advanced technologies, expanding...

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BOSS Money Launches Naira Currency Payout Option for Remittances to Nigeria

Customers Sending Money to Nigeria Can Now Choose Direct Deposit in Naira or in U.S. Dollars at Nigeria’s Leading Banks Newark, NJ, July 18, 2023 (GLOBE NEWSWIRE) — BOSS Money, the money remittance service of IDT Corporation (NYSE: IDT), today announced the introduction of naira currency remittances for its customers sending cash to friends and family through direct deposit payout at commercial banks throughout Nigeria. “BOSS Money customers sending money for direct deposit in Nigeria can now choose between the naira and U.S. dollar,” said Alfredo O’Hagan, IDT’s SVP for Consumer Payments. “Our naira direct deposit option enables Nigerians to quickly and securely receive and use the money sent by friends and family in the United States.” The new naira payout option supplements BOSS Money’s robust U.S. dollar payout network in Nigeria....

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Thumzup® Welcomes IMMORDL Nitro Super Coffee to its Proprietary Cash Rewards Platform

Thumzup Media Corporation Thumzup mobile applicationAvailable in the App Store and Google Play, Thumzup Enables Virtually Everyone to Earn Cash Rewards for Posting on Social Media about the Brands They Love Los Angeles, CA, July 18, 2023 (GLOBE NEWSWIRE) — Thumzup Media Corporation (“Thumzup” or the “Company”) (OTCQB: TZUP) is excited to welcome e-commerce brand IMMORDL Nitro Super Coffee to its cash rewards digital social media branding platform. The Thumzup mobile app, which is available for download in the App Store and Google Play, incentivizes virtually everyone to become social media advocates for the brands they enjoy by paying them cash for approved posts. “We’re thrilled to welcome IMMORDL Nitro Super Coffee, the most powerful blend of Adaptogenic herbs, superfoods and coconut based SuperPowders,...

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Gabelli Funds Presents Talkin’ ‘Bout 3 Generations of Dinsmore Convertible Management

TALKIN’ ‘BOUT 3 GENERATIONS OF DINSMORE CONVERTIBLE MANAGEMENTA video accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/6dbbac6e-7a71-478e-910e-5ab37f8f1e2c RYE, N.Y., July 18, 2023 (GLOBE NEWSWIRE) — Gabelli Funds is pleased to present a video tracing the 50+ year history of the oldest, existing closed-end fund specializing in convertible securities. Ronald Dinsmore founded the Bancroft Fund in 1971. Mr. Dinsmore was a pioneer in the closed-end fund business before passing away in 1996. Since inception, three generations of Dinsmores have led the Fund’s portfolio management team. The current management team includes Ronald’s son, Thomas Dinsmore, and grandson, James Dinsmore. Why investors are attracted to closed-end funds, trading at discounts wider than average.In...

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Exela Technologies Announces Public Sector Customer Growth

IRVING, Texas, July 18, 2023 (GLOBE NEWSWIRE) — Exela Technologies, Inc. (“Exela” or “the Company”) (NASDAQ: XELA, XELAP), a leader in business processing automation (“BPA”), announced today that the Company signed several additional US counties for its Digital Mailroom (“DMR”) solution, continuing to increase its market share of the Public Sector customer space contributing to Exela’s ITPS segment, which generated $765 million of revenue in 2022. Exela is working with various counties to provide a robust, secure, end to end solution that brings organization and clarity to the digital transformation process, while also addressing compliance requirements. Exela’s enriched content output enables integration with various channels enhancing document access and usability. “I am looking forward to working with Exela to modernize our...

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Washington Water Service Acquires Stroh’s Water Company

GIG HARBOR, Wash., July 18, 2023 (GLOBE NEWSWIRE) — Washington Water Service (Washington Water), a subsidiary of California Water Service Group (Group) (NYSE: CWT), yesterday completed the acquisition of Stroh’s Water Company’s (Stroh’s Water) water system assets. The closing follows approval by the Washington Utilities and Transportation Commission (WUTC) in October 2022. Washington Water has served Stroh’s Water’s 900 customer connections since March 2021 through an operation and maintenance agreement, and has supported the utility on an emergency basis for more than 20 years. Washington Water plans to connect Stroh’s system with its surrounding Gig Harbor systems in the future to improve water service reliability to both Stroh’s Water and existing Washington Water customers. “We are glad to have worked with the Stroh’s Water...

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United States Reusable Launch Vehicle Market to Worth USD 1,634.9 Million by 2027 | With 14.77% CAGR

Pune, India, July 18, 2023 (GLOBE NEWSWIRE) — According to a report published by Fortune Business Insights™, titled “the United States Reusable Launch Vehicle Market Size, 2023-2027″ the market is predicted to reach USD 1,634.9 million by the end of 2027 and is expected to grow at a CAGR of 14.77% from 2023 to 2027 due to increasing demand for low-cost satellite programs. In 2019, the market was valued at USD 482.4 million. The report categorizes the market by type (partially reusable and fully reusable), stage (single-stage and multi-stage), and orbit type (low Earth orbit and geosynchronous transfer orbit). Get a Free Sample Research Report: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/us-reusable-launch-vehicle-market-102005 List of Key Players Profiled in the United States Reusable Launch...

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Resonate Blends Provides an Update on its Acquisition Partner Pegasus Specialty Vehicles

STN Expo Pegasus Speciality Vehicle Orion Bus model displayed at the STN Expo in Reno, Nevada.CALABASAS, Calif., July 18, 2023 (GLOBE NEWSWIRE) — Resonate Blends, Inc. (OTCQB: KOAN) (“Resonate”) is pleased to report an update on its acquisition partner Pegasus Specialty Vehicles, LLC (“Pegasus” or the “Company”). On June 23, 2023, Resonate announced the signing of an Agreement and Plan of Merger (the “Merger Agreement”) with Pegasus and made a $435,000 investment into the Ohio-based company. This investment, prior to the expected closing of this transaction, has provided Pegasus with fresh capital to move forward on its ambitious revenue roadmap. Pegasus is an innovative leader in the low-emission and zero-emission electric vehicle (“EV”) and emerging hydrogen fuel cell technology for school buses and specialty vehicles. Pegasus...

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