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Day: November 29, 2023

Currency Exchange International, Corp. Announces Normal Course Issuer Bid

TORONTO, Nov. 29, 2023 (GLOBE NEWSWIRE) — Currency Exchange International, Corp. (“Currency Exchange” or the “Company”) (TSX:CXI) (OTCBB:CURN) today announces acceptance by the Toronto Stock Exchange (the “TSX“) of Currency Exchange’s Notice of Intention to make a normal course issuer bid (the “NCIB“) to purchase for cancellation a maximum amount of 322,169 common shares of the Company (“Common Shares”), representing 5% of the Company’s issued and outstanding common shares as at November 24, 2023.   As of November 24, 2023, Currency Exchange had 6,443,397 Common Shares issued and outstanding. Purchases under the NCIB may commence on December 1, 2023 and will terminate on November 30, 2024 or at such earlier date in the event that the maximum number of Common Shares sought in the NCIB has been repurchased....

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Generation Bio Announces Strategic Reorganization to Extend Cash Runway for Development of ctLNP and iqDNA Platforms

Company to invest in highly selective cell-targeted lipid nanoparticle (ctLNP) delivery platform to develop wholly-owned programs for extrahepatic cell types Development of immune-quiet DNA (iqDNA) platform for lead hemophilia A program to continueStrategic reorganization will result in a 40% reduction of workforce Anticipated cost savings to extend cash runway into 2H 2027CAMBRIDGE, Mass., Nov. 29, 2023 (GLOBE NEWSWIRE) — Generation Bio Co. (Nasdaq:GBIO), a biotechnology company innovating genetic medicines for people living with rare and prevalent diseases, announced a strategic reorganization to prioritize investment in the development of its cell-targeted lipid nanoparticle (ctLNP) delivery system for wholly-owned programs in extrahepatic cell types. Generation Bio intends to continue to develop ctLNP for immune cells...

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Nordic American Tankers Ltd (NYSE: NAT) – Report as per September 30, 2023 – The direction is up in a strong market

  Wednesday, November 29, 2023   Dear Shareholders and Investors,   Highlights:             For decades, the experience is that uncertain times create demand for our ships. We see that there is a scarcity of tankers. The NAT fleet is busy supplying energy to many parts of the world. NAT has not loaded Russian oil for several years. Our main customers, the major oil companies know that our ships are first class and they know they can always rely on Nordic American.Inflation in the US came in at 3.2% in October, down from 9.1% a little more than a year ago. The US economy is on the right track and China is also taking steps to stimulate its economy. Oil will continue to be an important commodity for all major economies for a long time. It is anticipated that world oil demand will grow also in 2024.  The net income for the first nine...

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UV Stabilizers Market to Hit USD 2.16 Billion by 2030 | Exclusive Report by Fortune Business Insights™

Key Companies covered in UV Stabilizers Market are BASF SE (Germany), Clariant AG (Switzerland), Songwon (South Korea), Solvay (Belgium), Suqian Unitech Corp Ltd. (China), Everlight Chemical Industrial Corp (Taiwan), SABO S.p.A. (Italy), Lycus Ltd., LLC (U.S.), Sarex (India), Jiangsu Chemk Co., Ltd. (CHEMK) (China) and more players profiled.UV Stabilizers MarketUV Stabilizers MarketPune, India, Nov. 29, 2023 (GLOBE NEWSWIRE) — The global UV stabilizers market size was USD 1.42 billion in 2022 and is set to surge from USD 1.49 billion in 2023 to USD 2.16 billion by 2030, exhibiting a CAGR of 5.5% over the study period. UV stabilizers are deployed in an extensive range of applications such as textiles, coatings, and plastics. The products are vital for outdoor use, where sunlight exposure can result in material degradation...

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H World Group Limited Announces Cash Dividend

SHANGHAI, China, Nov. 29, 2023 (GLOBE NEWSWIRE) — H World Group Limited (NASDAQ: HTHT and HKEX: 1179) (“H World” or the “Company”), a leading and fast-growing hotel group, today announced that its board of directors (the “Board”) has approved the declaration and payment of a cash dividend (the “Cash Dividend”) of US$0.093 per ordinary share, or US$0.93 per American Depositary Share (the “ADS”). The Cash Dividend is comprised of two tranches, including (i) an ordinary dividend of US$0.062 per ordinary share, or US$0.62 per ADS and (ii) a special dividend of US$0.031 per ordinary share, or US$0.31 per ADS. The Company considers to declare an ordinary dividend every year up to 45% of its net income. Holders of the Company’s ordinary shares or ADSs as of the close of business on December 21, 2023 will be entitled to receive the Cash...

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GSI Technology Teams Up with UC Riverside to Supercharge AI and High Performance Computing with Gemini APU

SUNNYVALE, Calif., Nov. 29, 2023 (GLOBE NEWSWIRE) — GSI Technology, Inc. (Nasdaq: GSIT), developer of the Gemini® Associative Processing Unit (APU) for AI and high-performance computing (HPC) and a leading provider of high-performance memory solutions for the networking, telecommunications, and military markets, today announced a collaboration with Professor Elaheh Sadredini of the Computer Science Department at the University of California, Riverside. Utilizing the Gemini APU, Professor Sadredini and her team of student researchers at UC Riverside are focusing on optimizing not only fundamental operations like linear algebra and Regular Expression matching but also a wide range of applications including bioinformatics, machine learning, data mining, cryptography, and more. The Gemini APU’s compute-in-memory design offers an optimal...

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Bilibili Inc. Announces Third Quarter 2023 Financial Results

SHANGHAI, China, Nov. 29, 2023 (GLOBE NEWSWIRE) — Bilibili Inc. (“Bilibili” or the “Company”) (NASDAQ: BILI and HKEX: 9626), an iconic brand and a leading video community for young generations in China, today announced its unaudited financial results for the third quarter ended September 30, 2023. Third Quarter 2023 Highlights:Total net revenues were RMB5.8 billion (US$795.7 million), flat with the same period of 2022. Revenues from advertising were RMB1.6 billion (US$224.5 million), representing an increase of 21% from the same period of 2022. Gross profit was RMB1.5 billion (US$198.8 million), representing an increase of 38% from the same period of 2022. Gross profit margin was 25.0%, compared with 18.2% in the same period of 2022. Net loss was RMB1.3 billion (US$183.3 million), narrowing by 22% from the same period of 2022. Adjusted...

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Dassault Aviation Wins Choiseul “Strategic Company” Award

Dassault Aviation Wins Choiseul “Strategic Company” Award (Saint-Cloud, November 29, 2023) – Dassault Aviation is particularly proud to have received the 2023 Strategic Company Award as part of the Institut Choiseul’s Sovereignty Initiative. The institute believes that strategic companies represent one of the many facets of national strength. Award recipients are known for their capacity to effectively mobilize resources and know-how, and to provide solutions that meet national priorities. They are a cornerstone of French strategic heritage. Dassault Aviation is an industrial architect and complex systems integrator, a developer of strategic technologies, a major national exporter, a core shareholder of the Thales Group and a vital player in an industrial landscape that includes hundreds of business and service partners. The company is...

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Company announcement no 17/2023 Interim Report Q3 2023

Interim Report Q3 2023 EBITDA fixed herd prices (FHP) for Q3 2023 increased to 13.663 mEUR (Q3 2022: 10.463 kEUR), corresponding to an EBITDA margin FHP of 36.3% (Q3 2022: 32.5%). The quarterly EBITDA in Q3 2023 increased by 3.201 kEUR (compared to Q3 2022).  Nevertheless, this consist of many parts this quarter: Russia harvest negative with 2,7 mEUR (from 4,1 to 1,5 mEUR) whereas remaining Russian business compensate positive with 3,0 mEUR partly due to FX (cost in EUR lower), Lithuania negative effects from one-off subsidy in Q3 2022 (2,5 mEUR), but combined sales/feed with positive effect of 4.9 mEUR and lower cost levels with 0.5 mEUR driven by utilities.    Sales prices combined down, as they in Q3 2023 were 1.59 EUR/kg live weight, down from 1.62 EUR/kg Q2 2022 equal to EUR 0,8m, but EURRUB effects this picture highly as Lithuanian...

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