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Month: August 2023

CE Brands Reports First Quarter 2024 Financial and Operational Results

CALGARY, Alberta, Aug. 25, 2023 (GLOBE NEWSWIRE) — CE Brands Inc. (TSXV: CEBI) (the “Corporation“), a data-driven consumer-electronics company, today announced its financial results for the three-month period ended June 30, 2023 (“Q1 2024“). The related unaudited condensed consolidated interim financial statements and accompanying notes and management’s discussion and analysis (“MD&A“) for Q1 2024 are available on SEDAR at www.sedar.com and on the Corporation’s website at www.cebrands.ca. Except as otherwise indicated, all amounts in the press release are expressed in Canadian dollars. Q1 2024 HighlightsTotal revenue of approximately $1.22 million in Q1 2024 compared to total revenue of approximately $2.44 million in the three-month period ended June 30, 2023 (“Q1 2023“),...

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Gabelli Global Utility & Income Trust Increases Dividend Rate on Series B Preferred to 5.20% and Announces Additional Put Date

RYE, N.Y., Aug. 25, 2023 (GLOBE NEWSWIRE) — The Board of Trustees (the “Board”) of The Gabelli Global Utility & Income Trust (NYSE American: GLU) (the “Fund”) is pleased to announce an increase in the annual dividend rate on the Fund’s Series B Cumulative Puttable and Callable Preferred Shares (the “Series B Preferred”), to 5.20%, effective September 26, 2023 for the quarterly dividend payable on December 26, 2023. The Board also approved an additional put date on December 26, 2024. The Series B Preferred may be put back to the Fund at the liquidation preference of $50.00 per share, plus any accumulated and unpaid dividends, during the 60-day period prior to December 26, 2023, and now it has a second put date on December 26, 2024. Currently the Series B Preferred becomes perpetual after December 26, 2023, and is callable any...

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NFI Completing Comprehensive Refinancing Plan

Gross Proceeds of $444 Million Positions NFI to Capitalize on Operational Recovery, Record Backlog and Market Demand All amounts shown in this press release are in U.S. dollars unless otherwise indicated WINNIPEG, Manitoba, Aug. 25, 2023 (GLOBE NEWSWIRE) — (TSX: NFI, OTC: NFYEF, TSX: NFI.DB, NFI.R) NFI Group Inc. (“NFI” or the “Company”), a leading independent bus and coach manufacturer and a leader in electric mass mobility solutions, announced that it is in the process of completing all elements of its previously announced comprehensive refinancing plan (the “Refinancing Plan”) to raise total gross proceeds of approximately $444 million, with completion of closing expected later today. Under the Refinancing Plan, NFI is:completing amendments, including financial covenant waivers, to the Company’s existing North American senior...

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Automatic Ticket Machine Market to Surpass 38.06 Billion by 2030 Drives Due to the Technological Advancements

SkyQuest projects that the automatic ticket machine market will attain a USD 38.06 billion value by 2030, with a CAGR of 13.20% over the forecast period (2023-2030). The automatic ticket machine market is driven by continuous technological innovations, offering enhanced user interfaces, contactless payment options, and real-time connectivity, thus improving user convenience and operational efficiency. Westford, USA, Aug. 25, 2023 (GLOBE NEWSWIRE) — According to SkyQuest, Rapid urbanization fuels the demand for efficient public transportation. Automatic ticket machine market streamline the ticketing process, reducing queues, and catering to the growing commuter population, especially in densely populated areas. Browse in-depth TOC on the “Automatic Ticket Machine Market”Pages – 157 Tables – 64 Figures...

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H&H Group achieves robust double-digit top-line growth in the first half of 2023, setting the Group up for a positive growth outlook for the full year

LONDON, Aug. 25, 2023 (GLOBE NEWSWIRE) — Leading global family nutrition company, Health and Happiness (H&H) International Holdings Limited (HKSE: 1112), has announced its interim results for the six months ended 30 June 2023, delivering double-digit top-line growth to place the Group on a strong trajectory for the remainder of the year.The Group achieved revenue growth of 17.2% on a reported and like-for-like (“LFL”) basis and positive EBITDA margin across each of its three strategic business pillars, as well as healthy profitability and cash flow High-margin and fast-growing nutritional supplements across three business pillars have become the largest revenue contributor, making up 60.1% of the Group’s total revenue Adult Nutrition and Care (ANC) segment has now become the Group’s largest growth contributor delivering...

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Semaglutide 2.4 mg shows large reductions in heart failure-related symptoms and physical limitations in people with heart failure with preserved ejection fraction and obesity

Amsterdam, Netherlands, 25 August 2023 – Novo Nordisk today announced results from the phase 3 STEP HFpEF trial showing that compared with placebo, once-weekly semaglutide 2.4 mg led to large reductions in heart failure-related symptoms, physical limitations and improvements in exercise function, and resulted in greater weight loss in adults with heart failure with preserved ejection fraction (HFpEF) and obesity.1 HFpEF comprises roughly half of all heart failure cases2 and is associated with a high burden of symptoms and physical limitations affecting daily life,3 including fatigue, shortness of breath, reduced ability to exercise, and swelling of extremities. The majority (80%) of people with HFpEF also live with overweight or obesity, which is linked to a higher burden of symptoms, worse physical function and lower quality of life.4-6 The...

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Industrial Protective Clothing Market to Worth USD 32.72 Billion by 2030 | Skyquest Technology

Industrial protective clothing market segmentation is based on product, application, material type and end user. Based on product, the market is segmented into durable and disposable. Based on application, the market is segmented into thermal, mechanical, chemical, biological/radiation, and others. Based on material type, the market is segmented into Aramid & blends, polyolefin & blends, polybenzimidaloe (PBI), cotton fibers, laminated polyesters, and others. Based on end user, the market is segmented into oil & gas, construction & manufacturing, pharmaceuticals/medical, military & defense, firefighting, and others- Industry forecast 2023-2030 Westford, USA, Aug. 25, 2023 (GLOBE NEWSWIRE) — According to SkyQuest, the industrial protective clothing market is poised for growth due to the escalating demand...

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Infant Bacterial Therapeutics AB (publ) Interim report January 1 – June 30, 2023

Message from the CEO Our Phase-III study, the largest of its kind ever conducted, is progressing across 88 hospitals in ten countries. We have now recruited 85% of the patients (1824 out of the planned 2158), and with the current rate of approximately 75 patients per month, we anticipate completing the recruitment by the end of the year. In June, the Data Monitoring Committee (DMC) concluded its scheduled safety analysis of data from the first 1400 recruited patients. The DMC’s conclusion is that the study can proceed as planned without any reservations. The DMC also conducted a futility analysis to determine if the trial has the potential to achieve statistically significant results, and once again, the conclusion was that the clinical work can continue as scheduled. No further DMC reviews are planned, and we are now approaching...

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Quarterly Results for the 3 months ending 30 June 2023

Shares issued to Bacchus Capital LONDON and VANCOUVER, British Columbia, Aug. 25, 2023 (GLOBE NEWSWIRE) — Mkango Resources Ltd (AIM / TSX-V:MKA) (the “Company” or “Mkango”), is pleased to announce that it has released its Financial Statements and Management Discussion and Analysis for the 6-month period ended 30 June 2023. The reports are available under the Company’s profile on the SEDARplus website (https://www.sedarplus.com/landingpage/) and on the Company’s website (https://mkango.ca/investors/financials/). Furthermore, Mkango has agreed to issue 280,678 shares (the “Shares”) to Bacchus Capital Advisors Limited (“Bacchus Capital”), an arm’s length party to Mkango, in connection with the strategic and financial advisory services provided by Bacchus Capital to the Company for the period from 1 April 2023 to 30 June...

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Interim Report – January-June 2023

STOCKHOLM – 25 August 2023. Karolinska Development AB (Nasdaq Stockholm: KDEV) today publishes its Interim Report – January–June 2023. The full report is available on the Company’s website. “Our portfolio companies continue to deliver significant progress and we are following the developments of the studies that have been initiated this year, as well as the processing of the clinical results that have already been generated with great interest. Research and development activities are the basis for the companies’ long-term value creation and every advancement in the individual projects increases the possibility of ultimately being able to offer patient groups with major medical needs completely new types of treatments.”, says Viktor Drvota, CEO, Karolinska Development. Significant events during the second quarterThe...

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