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Day: July 19, 2023

ThoughtSpot Completes $200M Acquisition of Mode Analytics

ThoughtSpot Completes $200M Acquisition of Mode Analytics Source: ThoughtSpotCombined versatile suite of analytics tools will transform business intelligence with generative AI for data teams around the world As a result of this acquisition, ThoughtSpot will surpass $150M ARR and double customer baseMOUNTAIN VIEW, Calif., July 19, 2023 (GLOBE NEWSWIRE) — ThoughtSpot, the AI-Powered Analytics company, today announced that it has completed its acquisition of Mode Analytics, the modern Business Intelligence (BI) platform that brings data teams and business teams together to drive impact, in a $200M cash and equity transaction. The acquisition strengthens ThoughtSpot’s position as the industry leader, bringing the next generation of collaborative, AI-first business intelligence (BI) to life. Together, ThoughtSpot and Mode Analytics...

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Groundworks® Enters California with Acquisition of Bay Area Underpinning

This marks the foundation and water management solutions company’s first West Coast Location VIRGINIA BEACH, Va., July 19, 2023 (GLOBE NEWSWIRE) — Groundworks®, the nation’s leading foundation and water management solutions company, continues its strategic growth with the addition of Bay Area Underpinning. Bay Area Underpinning offers superior foundation repair and concrete lifting services across the San Francisco, San Jose and Sacramento areas. This partnership marks the first Groundworks location in California and its first location on the West Coast – now, Groundworks serves 34 states from coast to coast. Bay Area Underpinning was founded in 2005 by Steven and Kelly Egloff, and quickly became a trusted expert for homeowners and businesses in the area. Now part of the Groundworks team, Bay Area Underpinning will benefit from...

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Tecogen Schedules Earnings Release and Conference Call for Q2 2023 Results

WALTHAM, MA, July 19, 2023 (GLOBE NEWSWIRE) — via NewMediaWire – Tecogen Inc. (OTCQX: TGEN) will release Q2 2023 financial results on Thursday, August 10th, 2023. Members of Tecogen’s senior management will hold a conference call and webcast at 9:30 AM Eastern Time to discuss the Company’s financial performance for Q2 2023. The earnings press release and supplemental earnings call slides will be available on the Company’s website at www.Tecogen.com in the “Investor Relations” section under “Financial Results.” The conference call will be available live via telephone and webcast. To listen to the audio portion, dial (877) 407-7186 within the US and Canada or (201) 689-8052 from other international locations. Participants should ask to be joined to the Tecogen earnings call. Please...

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2023 first half-year results confirm ARGAN’s operating excellence at the start of a new cycle

         Half-year results – Wednesday July 19, 2023 – 17:45 2023 first half-year results confirm ARGAN’s operating excellence at the start of a new cycleNet Recurring Income: €63 million, up +8%   NAV EPRA NTA per share: €78.12023 updated yearly targets1:Rental income revised upwards to €183m (+10% vs. 2022)  Recurring net income confirmed at €124m (+4% vs. 2022)  Dividend per share raised to €3.15€* (+5% vs. 2022)Strategic plan confirmed:Sustained growth over the 2023-2024 period Structurally strong debt reductionKey figures for the first half of 2023:Consolidated income statement June 30, 2023 June 30, 2022 ChangeRental income €90.9m €81.7m +11%Net Recurring Income – group share €62.8m €58.2m +8%Net Recurring Income per share €2.73** €2.56 ...

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Intelligent Transportation Systems Market Set to Soar Past USD 88.62 Billion by 2030

The global Intelligent Transportation Systems market size is expected to reach USD 88.62 billion by 2030 and exhibit a CAGR of 7.1% in the forecast period (2023−2030), according to Skyquest’s latest research report. The increasing urbanization, growing demand for road safety, need for efficient transportation infrastructure, government initiatives and regulations, and technological advancements are fueling the market’s growth. Westford, USA, July 19, 2023 (GLOBE NEWSWIRE) — According to SkyQuest’s latest global research of the Intelligent Transportation Systems market, connected and autonomous vehicles (CAVs) becoming more prevalent, the integration of ITS with smart city initiatives, the emergence of Mobility-as-a-Service (MaaS) models, increased adoption of cloud computing and data analytics for intelligent...

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HII is Awarded Naval Surface Warfare Center’s Integrated Training Systems Contract

integrated training systems installation and sustainment (ITSIS) contract HII’s Mission Technologies division has been awarded a $41 million contract to provide integrated training systems installation and sustainment (ITSIS) for the U.S. Navy.MCLEAN, Va., July 19, 2023 (GLOBE NEWSWIRE) — HII’s (NYSE: HII) Mission Technologies division has been awarded a $41 million contract to provide integrated training systems installation and sustainment (ITSIS) for the U.S. Navy. The task order was awarded under the Naval Sea Systems Command’s (NAVSEA) SeaPort Next Generation contract to support the Naval Surface Warfare Center Dahlgren Division Dam Neck Activity (NSWCDD DNA) and has a one-year base period plus one six-month extension. The work expands upon HII’s existing support of training systems to the customer. “HII is excited to...

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Soil Conditioners Market Set to Soar Past USD 10.34 Billion by 2030: Soil Conditioners for Bountiful Harvests

The global Soil Conditioners market size is expected to reach USD 10.34 billion by 2030 and exhibit a CAGR of 7.1% in the forecast period (2023−2030), according to Skyquest’s latest research report. The increasing awareness about the importance of soil health and sustainability in agriculture, growing demand for organic and eco-friendly farming practices, and rising need to improve soil fertility and structure for enhanced crop productivity are fueling the Market’s growth. Westford, USA, July 19, 2023 (GLOBE NEWSWIRE) — According to SkyQuest’s latest global research of the Soil Conditioners market, increasing demand for organic and sustainable agriculture practices, adoption of precision farming techniques, the growing popularity of soil health management and regenerative agriculture, development of innovative...

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Young Insurance Agency Group Joins World Insurance Associates

Iselin, NJ, July 19, 2023 (GLOBE NEWSWIRE) — World Insurance Associates LLC (“World”), a Top 50 Insurance Brokerage, announced today that it acquired the business of Young Insurance Agency Group, Inc. (“Young Insurance”) of Portsmouth, VA on July 1, 2023. Terms of the transaction were not disclosed. Since 1973, Young Insurance has been providing clients with insurance solutions for their personal and business needs.    “At Young Insurance, we protect what’s important to our customers, providing them with the right insurance at the right price,” says William “Bill” Young, President, Young Insurance Agency Group. “As part of World, we can offer our customers even more products and services, while continuing our mission to be the one stop shop for their insurance needs.”   “On behalf of the World family I’d like to give a warm welcome...

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FuelPositive Announces Successful Completion of Private Placement

WATERLOO, Ontario, July 19, 2023 (GLOBE NEWSWIRE) — FuelPositive Corporation (TSX.V: NHHH) (OTCQB: NHHHF) (the “Company”), a leading Green Ammonia company, is pleased to announce that it has completed the final tranche of its non-brokered private placement and has issued a further 31,443,069 units (each, a “Unit”), at a price of $0.065 per Unit, for gross proceeds of $2,043,800. Each Unit consists of one common share of the Company and one common share purchase warrant (each, a “Warrant”), allowing holders to purchase an additional common share at an exercise price of $0.09 until July 18, 2026 (the “Offering”). In the event the volume-weighted average closing price of the Company’s common shares on the TSX Venture Exchange exceeds $0.40 for ten consecutive trading days, the Company retains the option to accelerate the expiry...

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MRES: M2Bio Sciences Appoints Adrian J. Maizey, Accomplished CEO and Financial Expert, to Advisory Board

CAPE TOWN, South Africa, July 19, 2023 (GLOBE NEWSWIRE) — via IBN — Institute of Biomedical Research Corp. (OTC PINK: MRES) (“Institute of Biomedical Research” or the “Company”), a nutraceutical biotechnology company focused on alternative plant-based cannabinoids, medical psilocybin and mental health therapeutic research powered by artificial intelligence, and evidence-based sustainable products and solutions, is pleased to share the following update: M2Bio Sciences, a trailblazing biotechnology company committed to pioneering groundbreaking research, is proud to announce the appointment of Adrian Maizey to its esteemed Advisory Board. A distinguished leader and financial and data analytics expert, Adrian Maizey brings a wealth of experience and expertise from his prior roles in top-tier firms with...

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