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Day: September 12, 2023

Northrop Grumman’s B-21 Raider Continues Progression to Flight Test

Northrop Grumman’s B-21 Raider Continues Progression to Flight TestThe B-21 Raider continues to progress in ground testing with the commencement of engine runs at Northrop Grumman’s facilities in Palmdale, Calif. (Photo Credit: Northrop Grumman)The B-21 Raider continues to progress in ground testing with the commencement of engine runs at Northrop Grumman’s facilities in Palmdale, Calif. (Photo Credit: Northrop Grumman) PALMDALE, Calif., Sept. 12, 2023 (GLOBE NEWSWIRE) — (PHOTO RELEASE) The U.S. Air Force announced today the B-21 Raider has commenced engine runs as part of its ground test program at Northrop Grumman’s Palmdale, California, facility. Engine testing is an essential milestone for the program as the world’s first sixth-generation aircraft continues on the path to flight test. The B-21’s first flight will...

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ECN Capital Announces Its Intention to Renew Its Normal Course Issuer Bid for Common Shares and Series C Preferred Shares

TORONTO, Sept. 12, 2023 (GLOBE NEWSWIRE) — ECN Capital Corp. (TSX: ECN, ECN.PR.C) (“ECN Capital” or the “Company”) today announced that it has filed notices of intention with the Toronto Stock Exchange (the “TSX”) to renew its normal course issuer bid (the “Common Share Bid”) for its common shares (“Common Shares”) and a normal course issuer bid (the “Series C Preferred Share Bid” and, together with the Common Share Bid, the “Bids”) for the Company’s Cumulative 5-year Minimum Rate Reset Preferred Shares, Series C (“Series C Preferred Shares”). If these notices are accepted by the TSX, the Bids would permit the Company to repurchase for cancellation, at its discretion during the 12 months following such acceptance, up to 5% and 10% of the “public float” of each of the Company’s issued and outstanding Common Shares and Series C Preferred...

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Bird Adds Industrial Recurring Revenue Master Service Agreements In Ontario And Alberta

MISSISSAUGA, Ontario, Sept. 12, 2023 (GLOBE NEWSWIRE) — Bird Construction Inc. (TSX: BDT) announced today a newly awarded task order under the previously announced Port Hope Area Initiative (“PHAI”) Master Construction Contract (“MCC”) by Canadian Nuclear Laboratories (“CNL”). Bird has also been awarded a multi-year contract for civil works on sites in the Heartland Region of Alberta by an undisclosed client. The combined value of the awards is approximately $100 million, to be executed over the next three years. Under the task order assignment from CNL, Bird will complete engineering investigations, characterization, and sub-surface drilling of over 400 road allowance sites across Port Hope. This task order falls under Bird’s overarching MCC announced in 2022, which includes the opportunity to bid on over one billion...

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MINILUXE ANNOUNCES LEADERSHIP SUCCESSION PLAN

Zoe Krislock transitions CEO duties; Anthony Tjan appointed as Interim-CEO Boston, MA, Sept. 12, 2023 (GLOBE NEWSWIRE) — MiniLuxe Holding Corp. (TSXV: MNLX) announced today that it is undertaking a reorganization and initiating plans for leadership succession. The board, together with CEO Zoe Krislock, has been involved in restructuring MiniLuxe corporate G&A to better align with urgent near-term priorities of reaching profitability, optimizing store expansion, and launching critical product and wholesale initiatives. In this context the board and Ms. Krislock came to mutual agreement that it would be a good time to formally transition Ms. Krislock’s CEO role and responsibilities. Effective immediately, Anthony Tjan, the company’s co-founder and Executive Chairman, will assume the role of interim-CEO. Ms. Krislock will remain...

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XWELL Grows Footprint Outside the Airport with Acquisition of Naples Wax Center

Transaction represents the first step in building XWELL’s retail portfolio outside the airport and positions the Company for revenue growth and profitability NEW YORK, Sept. 12, 2023 (GLOBE NEWSWIRE) — XWELL, Inc. (Nasdaq: XWEL) (“XWELL” or the “Company”) today announced the acquisition of Naples Wax, LLC (“Naples Wax Center”), a group of upscale hair removal boutiques in Florida. In a transaction valued at approximately $1.5 million, the acquisition allows the Company to expand outside the airport and is intended to increase revenue and drive profitability. “This is a great day for XWELL as we move wellness outside the airport and advance our strategic objective to grow our business serving a completely new set of customers,” said XWELL Chief Executive Officer Scott Milford. “The addition of Naples Wax...

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Verizon waives call and text charges to Morocco and in-country roaming charges

NEW YORK, Sept. 12, 2023 (GLOBE NEWSWIRE) — In response to the devastating earthquake in Morocco, Verizon is helping its customers in the United States connect with their loved ones overseas who have been impacted by the disaster. Effective September 11 through September 24, Verizon will waive international long distance charges for calls and texts from its postpaid consumer customers, as well as residential landline customers, to Morocco. All calls will be rated at $0.00 per minute. In addition, Verizon will waive international roaming and data charges for customers traveling in Morocco. For prepaid and TracFone customers, Verizon will waive international long distance charges on calls to Morocco. Verizon Communications Inc. (NYSE, Nasdaq: VZ) was formed on June 30, 2000 and is one of the world’s leading providers of technology...

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InnovAge Announces Financial Results For the Fourth Quarter and Fiscal Year Ended June 30, 2023

DENVER, Sept. 12, 2023 (GLOBE NEWSWIRE) — InnovAge Holding Corp. (the “Company” or “InnovAge”) (Nasdaq: INNV), an industry leader in providing comprehensive healthcare programs to frail seniors through the Program of All-inclusive Care for the Elderly (PACE), announced financial results for its fiscal fourth quarter and full year ended June 30, 2023. “We are enthusiastic to enter fiscal 2024 unencumbered to pursue our goals of responsible growth, a commitment to quality and participant-centric care, and to expand access to the many deserving seniors who would benefit from the PACE program,” said Patrick Blair, President and CEO of InnovAge. “As we’ve methodically strengthened our business, I believe we begin this new year with the strongest foundation in the company’s history which we believe will result in consistent, responsible,...

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Fat Projects Acquisition Corp Announces Intention to Extend the Deadline to Complete a Business Combination to October 15, 2023

SINGAPORE, Sept. 12, 2023 (GLOBE NEWSWIRE) — Fat Projects Acquisition Corp (NASDAQ: FATPU, FATP, FATPW) (“FATP”), a special purpose acquisition company, announced today that it has notified Continental Stock Transfer and Trust Company that it intends to extend the deadline to complete its initial business combination from September 15, 2023 to October 15, 2023 by depositing $24,279.65 into its Trust Account by September 15, 2023. This is the sixth of up to nine 1-month extensions that FATP is authorized to obtain under its Amended and Restated Memorandum and Articles of Association, as amended. The extension provides FATP with additional time to complete its initial business combination (the “Business Combination”) with Avanseus Holdings Pte. Ltd., a Singapore private company limited by shares (“Avanseus”). As previously reported,...

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Oportun to Present at Sidoti Virtual Investor Conference

SAN CARLOS, Calif., Sept. 12, 2023 (GLOBE NEWSWIRE) — Oportun (Nasdaq: OPRT), a mission-driven fintech, today announced that it will participate in the upcoming Sidoti September Virtual Investor Conference. Oportun’s Chief Executive Officer Raul Vazquez and Chief Financial and Administrative Officer Jonathan Coblentz will present and participate in investor meetings at the conference. The presentation will begin at 4:00 pm ET on September 20 and can be accessed live at this link. A link to the presentation webcast will also be accessible in the “IR calendar” section of Oportun’s Investor Relations website under “News & events” at https://investor.oportun.com. A replay will be accessible for an additional 90 days via the same links following the conference. About Oportun Oportun (Nasdaq: OPRT) is a mission-driven fintech that...

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Artisan Partners Asset Management Inc. Reports August 2023 Assets Under Management

MILWAUKEE, Sept. 12, 2023 (GLOBE NEWSWIRE) — Artisan Partners Asset Management Inc. (NYSE: APAM) today reported that its preliminary assets under management (“AUM”) as of August 31, 2023 totaled $142.8 billion. Artisan Funds and Artisan Global Funds accounted for $69.4 billion of total firm AUM, while separate accounts and other AUM1 accounted for $73.4 billion.PRELIMINARY ASSETS UNDER MANAGEMENT BY STRATEGY2         As of August 31, 2023 – ($ Millions)    Growth Team    Global Opportunities $   20,066  Global Discovery 1,458  U.S. Mid-Cap Growth 12,644  U.S. Small-Cap Growth 3,284  Global Equity Team    Global Equity 398  Non-U.S. Growth 13,193  Non-U.S. Small-Mid Growth 7,057  China Post-Venture 167  U.S. Value Team    Value Equity 3,861  U.S. Mid-Cap Value 2,746  Value...

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