Day: September 13, 2023

Currency Exchange International Announces a 10% and 22% Increase in Revenue for the Three and Nine-Months Ended July 31, 2023 versus the Prior Year

TORONTO, Sept. 13, 2023 (GLOBE NEWSWIRE) — Currency Exchange International, Corp. (the “Group” or “CXI”) (TSX: CXI; OTCBB: CURN), announces its financial results and Management’s Discussion and Analysis (“MD&A”) for the three and nine-month periods ended July 31, 2023 (all figures are in U.S. dollars except where otherwise indicated). The complete financial statements and MD&A can be found on the Company’s SEDAR profile at www.sedar.com. Randolph Wolfgang Pinna, CEO of the Group, stated, “The third quarter of 2023 demonstrated strong year-over-year growth as increased demand for international travel continues. The return to more traditional seasonality in travel patterns have translated into the third quarter showing continued strong growth in banknotes revenue. Continued execution against our strategic plan, in...

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InterDigital Announces Increase of Regular Quarterly Cash Dividend

WILMINGTON, Del., Sept. 13, 2023 (GLOBE NEWSWIRE) — InterDigital, Inc. (Nasdaq: IDCC), a mobile and video technology research and development company, today announced that its Board of Directors has approved an increase in the company’s quarterly cash dividend from $0.35 to $0.40 per share. The increase in the regular quarterly cash dividend will take effect beginning with the dividend to be paid in fourth quarter 2023. The Board of Directors also declared a regular quarterly cash dividend of $0.40 per share on its common stock, payable on October 25, 2023 to shareholders of record at the close of business on October 11, 2023. About InterDigital® InterDigital develops mobile and video technologies that are at the core of devices, networks, and services worldwide. We solve many of the industry’s most critical and complex technical...

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Advisory: Fortis Inc. to Hold Investor Day in St. John’s, Newfoundland and Labrador on September 19

ST. JOHN’S, Newfoundland and Labrador, Sept. 13, 2023 (GLOBE NEWSWIRE) — Fortis Inc. (“Fortis” or the “Corporation”) (TSX/NYSE: FTS) will hold its 2023 Investor Day on Tuesday, September 19, 2023 in St. John’s, Newfoundland and Labrador. David Hutchens, President and Chief Executive Officer and Jocelyn Perry, Executive Vice President and Chief Financial Officer and executives from certain subsidiaries will provide an update on operations, recent developments and the strategic outlook for 2024 to 2028. The formal presentation is scheduled from 10:00 a.m. to 12:00 p.m. NDT (8:30 a.m. to 10:30 a.m. EDT). Shareholders, analysts, members of the media and other interested parties are invited to listen to the formal presentation via the live webcast on the Corporation’s website, https://www.fortisinc.com/investor-relations/events-and-presentations....

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

NEW YORK, Sept. 13, 2023 (GLOBE NEWSWIRE) — In response to the devastation caused by the catastrophic floods in Libya, Verizon is making it easier for customers in the United States to communicate with 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 and business wireless customers, as well as residential landline customers, to Libya. All calls will be rated at $0.00 per minute. In addition, Verizon will waive international roaming and data charges for customers traveling in Libya. For prepaid customers using Straight Talk, Tracfone, Total by Verizon, Simple Mobile, Safelink, Walmart Family Mobile, Verizon Prepaid, Net10, GoSmart, and Page Plus, Verizon will waive international...

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Fresh Vine Wine, Inc. Receives NYSE American Noncompliance Notice

MINNEAPOLIS, Sept. 13, 2023 (GLOBE NEWSWIRE) — Fresh Vine Wine Inc. (NYSE American: VINE) today announced that it received notice from NYSE American LLC (“NYSE American”) on September 8, 2023 that it is not in compliance with the continued listing standard set forth in Section 1003(a)(ii) of the NYSE American Company Guide (the “Company Guide”). That section applies if a listed company has stockholders’ equity of less than $4 million and has reported losses from continuing operations and/or net losses in three of its four most recent fiscal years. The Company reported stockholders’ equity of $2.4 million as of June 30, 2023, the end of its second fiscal quarter of 2023, and has had losses from continuing operations and/or net losses in each of its fiscal years ended December 31, 2020, 2021 and 2022. As a...

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Vital Energy Announces Offering Of Common Stock

TULSA, OK, Sept. 13, 2023 (GLOBE NEWSWIRE) — Vital Energy, Inc., a Delaware corporation (NYSE: VTLE) (“Vital Energy” or the “Company”), announced today the commencement of an underwritten public offering of 2,500,000 shares of its common stock, subject to market and other conditions. The Company expects to grant the underwriters a 30-day option to purchase up to 375,000 additional shares of the Company’s common stock. The Company intends to use a portion of the net proceeds from this offering and a concurrent offering of senior notes to repay a portion of the borrowings outstanding under its senior secured credit facility and use any excess for general corporate purposes. Pending the use of the net proceeds from this offering as described in above, the Company intends to use the net proceeds from this offering to make short-term...

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Vital Energy Announces Offering Of Senior Notes

TULSA, OK, Sept. 13, 2023 (GLOBE NEWSWIRE) — Vital Energy, Inc., a Delaware corporation (NYSE: VTLE) (“Vital Energy” or the “Company”), announced today that it intends, subject to market conditions, to publicly offer $300 million in aggregate principal amount of 10.125% senior unsecured notes due 2028 and $500 million in aggregate principal amount of senior unsecured notes due 2030 in a registered underwritten offering for a total of $800 million. The Company intends to use a portion of the net proceeds from this offering of the notes and a concurrent offering of common stock to fund the satisfaction and discharge of the indenture governing its 9.500% senior unsecured notes due 2025, to repay a portion of the borrowings outstanding under its senior secured credit facility and use any excess for general corporate purposes. Wells...

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Vital Energy to Significantly Increase Permian Basin Scale Through Accretive Transactions

Acquisitions and optimized development to increase 2024 Free Cash Flow¹ by approximately 90%², strengthen capital structure and add approximately 150 high-value locations TULSA, OK, Sept. 13, 2023 (GLOBE NEWSWIRE) — Vital Energy, Inc. (NYSE: VTLE) (“Vital Energy” or the “Company”) today announced the signing of three definitive agreements that will materially add scale in the Permian Basin, increase Free Cash Flow, enhance capital efficiency and significantly reduce leverage. Combined, the transactions have a total consideration of approximately $1.1653 billion, subject to customary closing price adjustments. The agreements were signed with affiliates of Henry Energy LP and Henry Resources LLC (“Henry”), Tall City Property Holdings III LLC (“Tall City”) and Maple Energy Holdings,...

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Galectin Therapeutics to Participate in the H.C. Wainwright 25th Annual Global Investment Conference on September 13, 2023

NORCROSS, Ga., Sept. 13, 2023 (GLOBE NEWSWIRE) — Galectin Therapeutics Inc. (NASDAQ: GALT), the leading developer of therapeutics that target galectin proteins, announced today the Company will be participating in the H.C. Wainwright 25th Annual Global Investment Conference being held on September 11-13, 2022. The Wainwright Conference – which takes place at the Lotte New York Palace Hotel in New York City, New York – brings together thought leaders and practitioners from numerous fields to participate in presentations, one-on-one investor meetings, and networking opportunities with other attendees. Dr. Pol F. Boudes, Galectin Therapeutics’ Chief Medical Officer, will deliver a corporate presentation on Wednesday, September 13, 2023 at 12:00 PM ET. A live webcast of the discussion will be available at this link as well as through...

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Cassava Sciences Announces Science Publication That Confirms Mechanism of Action of Simufilam, a Novel Drug Candidate for People with Alzheimer’s Disease

New cell biology data from Europe shows simufilam interrupts a pathogenic signaling pathway in Alzheimer’s disease. Results corroborate prior research from other academic researchers. These data once again confirm the biological activity of simufilam. AUSTIN, Texas, Sept. 13, 2023 (GLOBE NEWSWIRE) — Cassava Sciences, Inc. (Nasdaq: SAVA), a biotechnology company focused on Alzheimer’s disease, today announced the publication of new research that confirms the biological activity of simufilam. Simufilam is Cassava Sciences’ novel drug candidate for people with Alzheimer’s disease dementia and is currently under evaluation in a pair of global Phase 3 clinical trials. Researchers at the Cochin Institute (Paris, France) used a highly precise cell-based assay to show that simufilam interrupts amyloid binding to the α7 nicotinic acetylcholine...

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