Month: August 2023

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...

Agent Empowerment Takes Center StageGracie University’s Ryron and Rener Gracie To Lead Self-Defense Courses at EXPCON 2023Ensure that you have the skills to stay safe as a realtor! Gracie University is hosting the largest ever realtor self defense course at EXPCON on October 2. Don’t miss it!BELLINGHAM, Wash., Aug. 30, 2023 (GLOBE NEWSWIRE) — eXp Realty®, “the most agent-centric real estate brokerage on the planet™” and the core subsidiary of eXp World Holdings, Inc. (Nasdaq: EXPI), proudly announces a unique self-defense initiative at EXPCON 2023 in Las Vegas, Nevada. Renowned martial artists and co-founders of Gracie University, Ryron and Rener Gracie, will facilitate three 90-minute self-defense introductory courses on Oct. 2, 2023. Gracie University, a globally recognized institution...

Icelandair has decided to streamline its organizational structure to facilitate stronger performance. The Customer and Revenue divisions will be combined into a single Commercial division, bringing a holistic approach to commercial topics with continued strong focus on customer experience across the Company. Tómas Ingason will be responsible for the Commercial division as Chief Commercial Officer. Sylvía Kristín Ólafsdóttir will move from the role of Chief Customer Officer to the role of Chief Operating Officer.  Jens Bjarnason will step down as Icelandair’s Chief Operating Officer. He will continue working at Icelandair as a Senior Advisor and will report directly to the Company’s President & CEO. Bogi Nils Bogason, CEO Icelandair: “These changes are a part of our journey to drive performance while we realize our ambitious plans...

Active-adult new home community in New Jersey features stunning architectural and interior designToll Brothers Regency at CranburyThe Toll Brothers Elmsleigh Modern Farmhouse model home at Regency at Cranbury is now open in New Jersey.Toll Brothers Regency at Cranbury“Our Regency at Cranbury community offers low-maintenance, resort-style living in a prime location,” said James Fitzpatrick, Group President of Toll Brothers in New Jersey.CRANBURY, N.J., Aug. 30, 2023 (GLOBE NEWSWIRE) — Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, today announced the grand opening of its model home at Regency at Cranbury, a new single-family 55+ community of luxury homes in historic Cranbury, New Jersey. The highly anticipated Elmsleigh Modern Farmhouse model home features innovative architecture...

CHICAGO, Aug. 30, 2023 (GLOBE NEWSWIRE) — Vivid Seats Inc. (NASDAQ: SEAT), a leading marketplace that utilizes its technology platform to connect millions of buyers with thousands of ticket sellers across hundreds of thousands of events each year, today announced that it has been awarded a place on Newsweek’s list of America’s Best Customer Service 2024 in the “Ticketing” category. This prestigious award is presented by Newsweek and Statista Inc., the world-leading statistics portal and industry ranking provider. The 2024 America’s Best Customer Service rankings were identified from the results of an independent survey of more than 30,000 U.S. customers who have either made purchases, used services, or gathered information about products or services in the past three years. “Putting fans first has been a pillar of our success to...

PITTSBURGH, Aug. 30, 2023 (GLOBE NEWSWIRE) — L.B. Foster Company (NASDAQ: FSTR), a global technology solutions provider of products and services for the rail and infrastructure markets (the “Company”), today announced it would discontinue its fabricated bridge grid deck manufacturing and commercial operations located in Bedford, PA. The decision to exit the product line, which includes the separation of certain union and non-union employees both in Bedford and Greentree, PA, is a result of a weak bridge grid deck market condition and outlook due to customer adoption of newer technologies replacing the grid deck solution. It also allows the Company to focus on its growing bridge forms product line which will continue to be produced at its Bedford manufacturing site. The Company expects to cease grid deck operations during...