Day: August 30, 2023

August 30, 2023 Amsterdam, the Netherlands – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today announced the successful pricing of its issue of EUR 500 million fixed rate notes due 2031 (the “Notes”) under its European Medium Term Note (EMTN) program. The issue of the Notes will have a debt-neutral effect. The net proceeds of the offering will be used for repayment of EUR 500 million utilized and outstanding under the credit facility entered into in Q4 2022 and for general company purposes. The issue price for the Notes is 99.741% with a Coupon of 4.25%, resulting in a yield of 4.289%. The offering was 2.0 times oversubscribed. Settlement and issue of the Notes is scheduled for September 8, 2023. Application has been made for the Notes to be listed on the Official List of the Luxembourg Stock Exchange and...

For media: we have b-roll, pictures and additional information on our emergency response equipment available at our Emergency Resource Center – https://www.verizon.com/about/news/emergency-resource-center What you need to know:Fiber and microwave backhaul solutions deployed in West Maui are providing the level of service customers enjoyed before the fires Verizon extends unlimited call/text/data offer for Maui customers through September 7 Verizon makes a $25,000 to the American Red Cross for direct aid to Maui Community connection center set up outside Verizon store in Lahaina, providing free wifi, use of Internet connected laptops, phones and device chargingHONOLULU, Aug. 30, 2023 (GLOBE NEWSWIRE) — Verizon continues to support West Maui and surrounding areas in response to the devastating wildfires. Here are the latest...

Regency at Milestone Ranch by Toll BrothersToll Brothers Regency at Milestone Ranch active-adult community is now open in IdahoRegency at Milestone Ranch by Toll Brothers“Toll Brothers Regency communities are designed for the active lifestyles of our 55+ home buyers, and we are thrilled to introduce Regency in Idaho,” said Ryan Hammons, Division President of Toll Brothers in Idaho.STAR, Idaho, Aug. 30, 2023 (GLOBE NEWSWIRE) — Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, today announced the opening of Regency at Milestone Ranch, an active-adult 55+ community offering new luxury homes with personalization opportunities and resort-style amenities. The home builder is hosting a Model Home Grand Opening event that is open to the public on Saturday, September 23 from 1 pm to 3 pm featuring...

LUXEMBOURG, Aug. 30, 2023 (GLOBE NEWSWIRE) — Altisource Portfolio Solutions S.A. (“Altisource” or the “Company”) (NASDAQ: ASPS), a leading provider and marketplace for the real estate and mortgage industries, today announced that Equator, Altisource’s industry leading SaaS residential loan and real estate management platform, recently added six new customers. Equator’s growing list of customers now includes Dawson’s Realty & Mortgages Inc., FlippingUSA, Scottsdale REI, LLC DBA Scottsdale Mortgage Investments, and three others. “The real estate industry’s continued adoption of Equator underscores the platform’s unparalleled capabilities that support both the distressed and non-distressed residential real estate space. The Equator platform’s adaptable workflows cater to the diverse needs of residential real estate managers...

Announcement no. 8-2023 Copenhagen, Aug. 30, 2023 (GLOBE NEWSWIRE) — Company announcement/Half-year reportThe AI tech company Hypefactors presents the financial report figures for first half of 2023. Revenue for the period amounted to DKK 5.417m, compared to DKK 4.528m in H1/2022, corresponding to an increase of 20%. Earnings before interest, tax, depreciation and amortization (EBITDA) amounted to DKK 1.253m compared to H1/2022 which showed an EBITDA of DKK -0.198m. Hypefactors reached an annual recurring revenue (ARR) of DKK 11.5m per June 30, 2023, (June 30, 2022: 9.9m) which is an increase over the last twelve months of 16%. Hypefactors is developing AI-based technology with the vision to be the world’s leading authority on real-time corporate trust and reputation insights. Hypefactors is innovative media intelligence tech...

MCLEAN, Va., Aug. 30, 2023 (GLOBE NEWSWIRE) — Freddie Mac (OTCQB: FMCC) Multifamily today announced that Peter Lillestolen has been named Vice President, Production & Sales of Targeted Affordable Housing (TAH). In his new role, Peter will oversee the TAH retail business, Low-Income Housing Tax Credit (LIHTC) Equity, Structured Transactions for both Conventional and TAH, as well as Seniors Housing. “Peter is a strong, innovative leader, ready to meet the challenges of Multifamily’s mission-critical businesses,” said Steve Johnson, senior vice president for Multifamily Production & Sales. “Peter has a proven ability to make strategic, forward-looking decisions and to meet and anticipate the evolving needs of the affordable market. We are grateful for his steady leadership and his drive and passion for Multifamily.” In his...

Thomas Skov Jensen has decided to resign his position as CRO of Kvika banki hf. (“Kvika” or “the bank”). He will continue to work for the bank until a replacement has been found. Ármann Þorvaldsson, Kvika’s CEO: “Thomas has worked for Kvika and the bank’s predecessors since 2007 and as head of risk management, and later managing director of risk management, since 2008. He has built a strong department and proved to be a successful leader through the major changes the bank has gone through in recent years. I would like to thank Thomas for excellent cooperation over the years and a job well done and wish him well in the future.”

Axalta wins 2023 R&D 100 awardAxalta’s next-generation Imron™ has won a 2023 R&D 100 Award in the Mechanical and Materials category.GLEN MILLS, Pa., Aug. 30, 2023 (GLOBE NEWSWIRE) — Axalta (NYSE: AXTA), a leading global coatings company, has won a 2023 R&D 100 award in the Mechanical and Materials category. Axalta’s next generation Imron™ is a coating technology that delivers sustainability benefits and improves production cycle time for transportation customers. “We are thrilled to once again accept a prestigious R&D 100 award,” said Robert Roop, Axalta’s Chief Technology Officer. “This recognition demonstrates our ongoing impact from innovating smarter surface solutions for better living and a more sustainable future. Our next generation Imron™ exceeds current equipment...