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Day: August 31, 2023

AB Linas Agro Group results for the 12 months of 2022/2023 financial year: challenges for agribusiness and recovery for food businesses

Consolidated revenue of AB Linas Agro Group and its controlled companies (the Group) for the twelve months of the 2022/2023 financial year exceeded EUR 1,999 million and were 5% higher compared to the previous year (EUR 1,896 million). The Group sold almost 3.7 million tons of various products, nearly the same as in the same period last year. Consolidated earnings before interest, taxes, depreciation, and amortization (EBITDA) for the twelve months amounted to almost EUR 67 million, 49% lower than the previous year. Net profit fell by 74% to EUR 20 million.EUR thousand 2021/202212 months 2022/202312 months 2022/2023compared with2021/2022, %Gross profit 188,859 136,758 -28%EBITDA 132,173 66,950 -49%Operating profit 103,619 41,124 -60%Net profit 77,257 20,462 -74%Fourth quarter consolidated revenue amounted to EUR 499 million,...

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Peavey Mart Joins Stingray Advertising’s Retail Audio Network

MONTREAL, Aug. 31, 2023 (GLOBE NEWSWIRE) — Stingray (TSX: RAY. A; RAY.B), an industry leader in music and video content distribution, business services, and advertising solutions, today announced that Peavey Mart, a leading Canadian retail and agricultural supply chain, has joined Stingray Advertising’s retail audio network. With this addition, Stingray is expanding its retail audio advertising network beyond pharmacies and groceries to include over 90 hardware store locations across British Columbia, Alberta, Saskatchewan, Manitoba, Ontario & Nova Scotia. As a proud Canadian company with headquarters in Alberta, Peavey Mart emphasizes the strength of Stingray Advertising’s network in regions outside its traditional playground. This partnership highlights the potential for retail-based digital audio advertising...

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Cnova N.V.: Change to the Board of Directors

CNOVA N.V.Change to the Board of Directors AMSTERDAM – August 31, 2023, 18:30 CET Cnova N.V. (Euronext Paris: CNV; ISIN: NL0010949392) (“Cnova” or the “Company”) today announces a change to its Board of Directors. Mr. Emmanuel Grenier, non-executive director of the Company, will leave the Company’s Board of Directors as per the date hereof. Prior to joining the Board as non-executive director, Mr. Grenier was the Company’s CEO together with being Cdiscount’s CEO for the past 15 years. The Company’s Board of Directors and management are grateful to Mr. Grenier for his dedication and valuable contribution to the Company. *** About Cnova N.V. Cnova N.V., the French ecommerce leader, serves 8.0 million active customers via its state-of-the-art website, Cdiscount. Cnova N.V.’s product offering provides its B2C clients with a wide variety of...

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Avid Showcases the Power of AI-Driven Capabilities in Media Composer to Enhance Creative Intelligence

Avid Showcases the Power of AI-Driven Capabilities in Media Composer to Enhance Creative IntelligenceAvid’s newly available PhraseFind AI and ScriptSync AI enable editors to focus on the quality of contentAvid’s newly available PhraseFind AI and ScriptSync AI enable editors to focus on the quality of content, eliminate redundant tasks and accelerate project delivery BURLINGTON, Mass., Aug. 31, 2023 (GLOBE NEWSWIRE) — Building on more than a decade of providing artificial intelligence (AI) capabilities in its video editing solutions, Avid® (Nasdaq: AVID) today announced the next generation of AI-driven capabilities in its powerful dialog search and sync solutions Media Composer® PhraseFind AI™ and ScriptSync AI®. Available as previews in the latest Media Composer release, these capabilities boost the productivity...

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Global Silicone Elastomers Market Size to Reach USD 19.28 Billion in in 2032 | Emergen Research

Superior properties of silicone elastomers is a key factor driving global market revenue growth Vancouver, Aug. 31, 2023 (GLOBE NEWSWIRE) — The anticipated trajectory for the worldwide silicone elastomers market indicates a projected value of approximately USD 19.28 Billion by the year 2032. This projection aligns with a consistent compound annual growth rate (CAGR) of 7.4% throughout the forecast duration. This analysis stems from the insights provided by Emergen Research. One of the primary drivers behind the expansion of market revenues is the escalating requirement for silicone elastomers within the realm of the electrical and electronics sector. Notably, the demand for moldable silicones is on the rise, particularly due to their advanced attributes. These attributes position them as a superior choice for applications involving...

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The 30-Year Fixed-Rate Mortgage Decreases

Primary Mortgage Market Survey®U.S. weekly average mortgage rates as of 08/31/2023.MCLEAN, Va., Aug. 31, 2023 (GLOBE NEWSWIRE) — Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing the 30-year fixed-rate mortgage (FRM) averaged 7.18 percent. “Mortgage rates leveled off this week but remain elevated. Despite continued high rates, low inventory is keeping house prices steady,” said Sam Khater, Freddie Mac’s Chief Economist. “Recent volatility makes it difficult to forecast where rates will go next, but we should have a better gauge in September as the Federal Reserve determines their next steps regarding interest rate hikes.” News Facts30-year fixed-rate mortgage averaged 7.18 percent as of August 31, 2023, down from last week when it averaged 7.23 percent. A year...

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Director Henry Ruhnke Announces Retirement from the Board of Directors

SALINAS, Calif., Aug. 31, 2023 (GLOBE NEWSWIRE) — 1st Capital Bancorp (the “Company”), (OTCQX: FISB), the $960 million asset bank holding company and parent company of 1st Capital Bank (the “Bank”) today announced the planned retirement of Director, Henry Ruhnke, from the bank and holding company Boards of Directors, effective August 31, 2023, upon conclusion of the Annual Shareholder’s Meeting. Mr. Ruhnke, a registered architect, and principal of Wald, Ruhnke and Dost Architects, LLP has served the Monterey community in a variety of organizations and roles, including Monterey Planning Commission and the Monterey Architectural Review Committee. He also served as a board member of the American Institute of Architects, Monterey Bay. Under Mr. Ruhnke’s leadership and guidance, since joining 1st Capital Bank’s Board of Directors...

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BriaCell Therapeutics Corp. Announces Closing of Plan of Arrangement Spinning Out BriaPro Therapeutics Corp. to Existing Shareholders

BriaCell Therapeutics Corp. closes Arrangement effecting the distribution described in the plan of arrangement.TORONTO, Aug. 31, 2023 (GLOBE NEWSWIRE) — BriaCell Therapeutics Corp. (Nasdaq: BCTX, BCTXW) (TSX: BCT) (“BriaCell” or the “Company“), a clinical-stage biotechnology company that develops novel immunotherapies to transform cancer care, today announces that the Company has closed the previously announced plan of arrangement spinout transaction (the “Arrangement“) pursuant to which certain pipeline assets of the Company, including Bria-TILsRx™ and protein kinase C delta (PKCδ) inhibitors for multiple indications including cancer (the “SpinCo Assets“), were spun-out to BriaPro Therapeutics Corp. (“SpinCo“), resulting in a 2/3rd owned subsidiary of the Company...

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Global Metagenomic Sequencing Market Size to Reach USD 9.07 Billion in 2032 | Emergen Research

Continuous technological innovations in Next Generation Sequencing (NGS) platforms is a key factor driving market revenue growth Vancouver, Aug. 31, 2023 (GLOBE NEWSWIRE) — The anticipated value of the worldwide metagenomic sequencing market is projected to attain USD 9.07 Billion by the year 2032. As per the most recent assessment conducted by Emergen Research, there is a foreseen consistent Compound Annual Growth Rate (CAGR) of 17.5% in terms of revenue throughout the forecast period. One of the primary catalysts behind the progression of market revenue is the escalating endeavors and financial support from both governmental and private entities for expansive sequencing undertakings. Metagenomics constitutes the comprehensive exploration of genomes within a microbial community. This practice involves the extraction and analysis...

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