Day: December 19, 2023

Verizon delivers expanded wireless service to western Pennsylvania towns

New cell sites added in Irwin, New Alexandria, North East, Punxsutawney and Salisbury delivering high-performing 4G and 5G service NEW YORK, Dec. 19, 2023 (GLOBE NEWSWIRE) — Residents in Irwin, New Alexandria, North East, Punxsutawney and Salisbury just got a big boost to their mobile service as Verizon has turned on new cell sites to offer expanded 4G and 5G coverage in these communities, offering “more bars” along with faster speeds and better network performance. That means they can connect with friends and family while on the move, connect their smart homes through Verizon Home Internet, or use Verizon service for small business or enterprise applications. Upgrade Details In Irwin, the new site provides upgraded coverage along the PA Turnpike (I-76) between Irwin and the Pittsburgh interchanges. In the rural town of New Alexandria,...

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Euroseas Ltd. Announces Completion of Works on Retrofitting Several Items Aiming to improve the Efficiency on its Feeder Containership, M/V Synergy Busan

ATHENS, Greece, Dec. 19, 2023 (GLOBE NEWSWIRE) — Euroseas Ltd. (NASDAQ: ESEA, the “Company” or “Euroseas”), an owner and operator of container carrier vessels and provider of seaborne transportation for containerized cargoes, announced today it has successfully completed the installation of a number of “energy saving devices” on its 4,250 teu feeder containership, M/V Synergy Busan, aiming to improve her consumption in the commercial speed range by about 20%. The investment was done in conjunction with the vessel’s scheduled dry docking and special survey within the scheduled period of only 17 days. The following devices were installed on the ship: (a) New bulbous bow (b) A new and lighter propeller (c) Hub vortex absorbed fins (HVAF) (d) Pre-shrouded vanes (PSV) (e) Silicone coating of the ship’s underwater parts (f) LED...

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Qlik Acquires Mozaic Data: Leveraging Data Products to Simplify Data Management for Enterprise

Qlik and Mozaic combine expertise to offer enhanced business value through a Data Product Catalog experience, a SaaS Solution PHILADELPHIA, Dec. 19, 2023 (GLOBE NEWSWIRE) — Qlik©, a leader in data integration and analytics, today announced the acquisition of Mozaic Data (Mozaic), an innovative AI-driven data management technology. This timely acquisition marks an advancement in simplifying data handling for businesses, focusing on a data product-oriented approach for better data quality and governance. Integrating Mozaic into Qlik’s portfolio brings a transformative approach to managing data as a product. “Organizations are increasingly seeking to create domain-centric data products that transcend data integration and quality. There’s an elevated expectation within the industry,” explained Stewart Bond,...

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AB Klaipėdos nafta financial information reporting dates in 2024

AB Klaipėdos nafta (further – KN) informs that it plans to release financial information in 2024 according to the following schedule: Date Reporting information     23 February 2024 Unaudited financial statements for the year 2023 27 March 2024 Audited financial statements for the year 2023 17 May 2024 Interim financial information for the 1st quarter of 2024 14 August 2024 Interim financial information for the 6 months of 2024 15 November 2024 Interim financial information for the 3 quarters of 2024 On 30 April 2024, the Company plans to convene an Ordinary General Meeting of Shareholders. Vaidotas Dirmeikis, Head of Finance department, acting CFO, +370 46 391772

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Subsea7 awarded contract in North Sea

Luxembourg – 19 December 2023 – Subsea7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) today announced the award of a sizeable1 extension of an existing frame agreement by bp, for subsea construction, inspection, repair and maintenance services (IRM), across bp’s North Sea assets. This is the agreement’s latest extension since the original frame agreement began in 1998. Under the terms of this two-year extension to the end of 2025, Subsea7 will provide an IRM, survey and light construction vessel, complete with work class and observation class remotely operated underwater vehicles (ROV), capable of performing inspection, survey, intervention, subsea construction and emergency response services. Project management and engineering work will continue to be managed from Subsea7’s office in Aberdeen. Steve Wisely, Senior Vice President for Subsea7...

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CORRECTION: Notification on acquisition of voting rights

Correction: corrected category. Šiaulių Bankas AB, company code 112025254, address of the head office Tilžės str. 149, Šiauliai, Lithuania. Šiaulių Bankas AB has received notification on acquisition of voting rights. Director of Securities Operations Department Jolanta Dobiliauskienė is authorized by the Issuer to provide additional information and is available on tel.: +370 41 595669. Attachment SAB1L_acquisition of voting rights by Invalda INVL_2023 12 18

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LiveOne (Nasdaq: LVO) Issues Fiscal 2025 Revenue Guidance of $140 – $155M with $16 – $20M of Adjusted EBITDA*

 –  Audio Division, consisting of Slacker Radio and PodcastOne (Nasdaq: PODC), forecasts to combine for $130 – $140M of revenues with $20 – $25M EBITDA* and over $17M of positive cash flow – Anticipates LiveOne to add over 1M subscribers – Expects PodcastOne to onboard 20+ new podcasters – Expands LiveOne stock repurchase program to $10M – Currently finalizing the restructuring of the merchandise business slashing 75-100 staff expected to result in $5 – $10m cost savings, with focus on key customers and expanding celebrity brands to maximize revenue and profitability LOS ANGELES, CA, Dec. 19, 2023 (GLOBE NEWSWIRE) — via NewMediaWire – LiveOne (Nasdaq: LVO), an award-winning, creator-first, music, entertainment and technology platform, announced today guidance for its fiscal...

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Humble Imports, Inc., the Wholly Owned Subsidiary of ECD Automotive Design, Reports 68% Increase in Revenue, Positive Net Income, for Third Quarter of 2023

Consistent Strong Vehicle Demand, Increase in Average Price Per Vehicle, Positive Mix Shift and Efficiency Improvements Drive Robust Growth and Powerful Operating Leverage KISSIMMEE, Fla., Dec. 19, 2023 (GLOBE NEWSWIRE) — ECD Automotive Design Inc. (“ECD” or the “Company”) (NASDAQ: ECDA), the industry leader in delivering restored, modified and electrified Land Rover Defenders, Jaguars, and other classic and collectible automobiles, today announced record financial results of its wholly owned subsidiary Humble Imports, Inc. d/b/a ECD Auto Design (“Humble”) for the quarter ended September 30, 2023 (“Q3 2023”). The financial results of Humble reported in this press release do not reflect the combined operations of the Company or the deal-related expenses incurred in connection with the business combination with EF Hutton Acquisition...

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FuelCell Energy Reports Fourth Quarter and Full Fiscal Year 2023 Results

Fourth Quarter Fiscal 2023 Financial Highlights(All comparisons are year-over-year unless otherwise noted) Revenues of $22.5 million compared to $39.2 million Gross loss of $(1.5) million compared to $(15.2) million Loss from operations of $(36.4) million compared to $(42.7) million Net loss per share was $(0.07) compared to $(0.11) Fiscal Year 2023 Financial Highlights(All comparisons are year-over-year unless otherwise noted) 5% decrease in total revenues to $123.4 million compared to $130.5 million Loss from operations of $(136.1) million compared to $(143.7) million Net loss of $(108.1) million compared to $(147.2) million Adjusted EBITDA of $(102.9) million compared to $(91.7) million Backlog of $1.028 billion compared to $1.090 billion Total unrestricted cash, restricted cash, and short-term investments of $403.3 million compared...

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Prime Dividend Corp. Class A Share Consolidation and Monthly Dividend Declaration for Class A & Preferred Shares

TORONTO, Dec. 19, 2023 (GLOBE NEWSWIRE) — Prime Dividend Corp. (the “Company”) announces a Class A share consolidation and monthly distributions on Class A shares (TSX: PDV) and Preferred shares (TSX: PDV.PR.A). In connection with the extension of the termination date of the Company, a special retraction right was offered allowing existing shareholders to tender one or both classes of shares and receive a retraction price based on the November 30, 2023 net asset value per unit. In aggregate, more Preferred shares were tendered for retraction than Class A shares. The purpose of the share consolidation is to maintain the requirement that an equal number of Class A shares and Preferred shares remain outstanding at all material times.   Immediately after the special retraction payment on December 15, 2023, there were 605,019 Preferred...

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