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Year: 2023

Michigan Public Service Commission ruling supports DTE investments in a more reliable electric grid and the transition to cleaner energy

Comparison of annual residential bill growth (% increase per year)Source: Annual bill growth data from EIA; inflation data from bureau of labor statistics CPI inflation calculator Based on DTE average residential customer usage of 620 kwh per monthDetroit, Dec. 01, 2023 (GLOBE NEWSWIRE) —Offset by a $300 million reduction in fuel and other costs, a DTE electric residential customer who uses 500 kilowatt hours, will see a bill increase of 9 cents per day, or $2.56 per month, to support needed investments Keeps average residential bill increase below the rate of inflation and below the national average Supports DTE’s plan to accelerate system upgrades, with the goal of improving reliability for customers by more than 60 percent over the next five years  DETROIT, Dec. 1, 2023 — DTE Energy today announced an order...

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Ackroo Completes Acquisition of GiftFly’s eGift Card Business

Ackroo closes their third U.S. based acquisition and their thirteenth to date HAMILTON, Ontario, Dec. 01, 2023 (GLOBE NEWSWIRE) — Ackroo Inc. (TSX-V: AKR; OTC: AKRFF) (the “Company”), a loyalty marketing, payments and point-of-sale technology and services provider, through its’ wholly-owned subsidiary Ackroo U.S. Inc., is pleased to announce that it has completed the acquisition of the GiftFly business from GiftFly LLC (the “Vendor”). GiftFly is an international payments company based in the U.S. with an eGift card product for small to medium sized merchants. Under the terms of the acquisition, Ackroo acquired all customer contracts and related IP of GiftFly’s digital gifting business adding over 4,000 merchant locations to Ackroo. In consideration for the acquisition, the Company has paid $350,000 USD on closing, and will...

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Daktronics to Present at Singular Research Best of the Uncovered Conference

BROOKINGS, S.D., Dec. 01, 2023 (GLOBE NEWSWIRE) — Daktronics, Inc. (NASDAQ-DAKT), today announced that it’s CFO, Sheila Anderson, will present at the Singular Research’s 18th annual “Best of the Uncovered” conference in San Francisco on Thursday, December 7. Daktronics presentation is scheduled to take place at 12:15 pm pacific time. For investors not able to make it in person, Singular is offering the conference as a webinar. Please use the following link to register for the webinar — GoToWebinar Link: https://register.gotowebinar.com/register/3515964842274280021 About Daktronics Daktronics has strong leadership positions in, and is the world’s largest supplier of, large-screen video displays, electronic scoreboards, LED text and graphics displays, and related control systems. The company excels in the...

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Montero Provides Update on CAD$ 90 million ICSID Arbitration Claim against the Government of Tanzania

TORONTO, Dec. 01, 2023 (GLOBE NEWSWIRE) — Montero Mining and Exploration Ltd. (TSX-V: MON) (“Montero” or the “Company”) provides an update on Montero’s arbitration proceedings against the United Republic of Tanzania (“Tanzania”) over the expropriation of the Wigu Hill rare earth element project (“Wigu Hill”) before the International Centre for Settlement of Investment Disputes (“ICSID”). On November 28, 2023, the arbitral Tribunal informed both parties that the hearing scheduled to be held at the ICSID premises in Washington DC., USA, from 4 – 7 December 2023, must be postponed as one of the three arbitrators is unable to travel to the United States at that time. The Tribunal prefer to keep the hearing in person in Washington, D.C., rather than apart in hybrid format, and therefore has decided to move the hearing dates to...

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Sun Communities, Inc. Declares Fourth Quarter 2023 Distribution

Southfield, MI, Dec. 01, 2023 (GLOBE NEWSWIRE) — Sun Communities, Inc. (NYSE: SUI) (the “Company”), a real estate investment trust (“REIT”) that owns and operates, or has an interest in, manufactured housing (“MH”) and recreational vehicle (“RV”) communities and marinas (collectively, the “properties”), today announced its Board of Directors declared a quarterly distribution of $0.93 per share of common stock for the fourth quarter of 2023. The distribution is payable on January 16, 2024 to shareholders of record on December 29, 2023. About Sun Communities, Inc. Sun Communities, Inc. is a REIT that, as of September 30, 2023, owned, operated, or had an interest in a portfolio of 670 developed properties comprising approximately 180,170 developed sites and approximately 48,030 wet slips and dry storage spaces in the United...

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Ring Energy to Present at Sidoti Virtual Investor Conference

THE WOODLANDS, Texas, Dec. 01, 2023 (GLOBE NEWSWIRE) — Ring Energy, Inc. (NYSE American: REI) (“Ring” or the “Company”) today announced that Paul D. McKinney, Chairman and Chief Executive Officer, will present and host one-on-one meetings with investors during the Sidoti December Virtual Investor Conference on December 6-7, 2023. The Company’s formal presentation will begin at 12:15 pm ET on Thursday, December 7 and can be accessed live here: https://sidoti.zoom.us/webinar/register/WN_HxtnQtsGS3alznF6p358wg. Ring will also host virtual one-on-ones with investors on Wednesday and Thursday, December 6-7, 2023. To register for the presentation or one-on-ones, visit www.sidoti.com/events. Registration is free and you do not need to be a Sidoti client. About Ring Energy, Inc. Ring Energy, Inc. is an oil and gas exploration, development,...

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America’s Car-Mart to Acquire Central Auto Sales from Mike & Stacey Steven-Assheuer

ROGERS, Ark., Dec. 01, 2023 (GLOBE NEWSWIRE) — America’s Car-Mart, Inc. (NASDAQ: CRMT) (“Car-Mart” or the “Company”) today announced that its subsidiary, America’s Car Mart, Inc., has entered into a definitive agreement to purchase the ongoing dealership assets of Allied Union Group, Inc., an Arkansas corporation doing business as Central Auto Sales. The existing finance receivables will be excluded from the transaction and will be collected by the seller. Car-Mart expects to close the transaction later this month. Mike and Stacey Steven-Assheuer founded Central Auto Sales in Hot Springs, Arkansas, in 1996. The acquisition of Central Auto Sales will enhance Car-Mart’s presence in Hot Springs and expand its reconditioning capabilities. “This transaction is consistent with our strategy to grow the business through acquisitions,...

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BNP PARIBAS SA: Notification by the ECB of the 2023 Supervisory Review and Evaluation Process (SREP)

Paris, 1 December 2023 NOTIFICATION BY THE ECB OF THE 2023 SUPERVISORY REVIEW AND EVALUATION PROCESS (SREP) BNP Paribas has received the notification by the European Central Bank of the outcome of the 2023 Supervisory Review and Evaluation Process (SREP), which states capital requirements and leverage ratio on a consolidated basis in force for the Group. The Common Equity Tier 1 (CET1) requirement that the Group has to respect as at 1st January 2024 on a consolidated basis is 10.02% (excluding the Pillar 2 guidance). It includes 1.50% for the G-SIB buffer, 2.50% for the Conservation buffer, 1.11% for the Pillar 2 requirement1 and 0.41% of countercyclical buffer2. The requirement for the Tier 1 Capital is 11.81% (of which 1.40% for the Pillar 2 requirement). The requirement for the Total Capital is 14.18% (of which 1.77% for the Pillar...

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LECTRA: Lectra insources cutting equipment production in China

Lectra insources cutting equipment production in China Paris, December 1, 2023 – Lectra, leader in technology solutions accelerating the transition to Industry 4.0 for the fashion, automotive and furniture industries, will now directly manage the production of its cutting equipment manufactured in China, primarily dedicated to its Asian customers. The Suzhou site, located to the west of Shanghai, will thus benefit from the standards of operational excellence already implemented by Lectra at its two other plants in Bordeaux-Cestas, France, and Tolland, USA. Lectra’s teams have over 35 years’ experience in the Asia-Pacific region, which in 2022 generated 25% of the Group’s revenues. Since the acquisition of its competitor, Gerber Technology, in 2021, Lectra had been relying on a plant belonging to Dutch group VDL Groep...

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Henderson Association Management Rebrands to RealManage

Plano, TX, Dec. 01, 2023 (GLOBE NEWSWIRE) — RealManage, a leader in community association management, proudly announces that Henderson Association Management has been rebranded to RealManage. Since 1990, Henderson Properties has been a trusted name in the Charlotte metro area, offering comprehensive real estate services, from association management and home buying/selling to maintenance and renovations. The decision to rebrand is rooted in RealManage’s commitment to adaptability, innovation, and client satisfaction in an ever-evolving industry. RealManage signifies a fresh chapter, embodying a contemporary, progressive approach to community association management. The company’s goal is to help homeowners associations minimize the stress of running their associations by working directly with the board of directors to manage...

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