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Year: 2023

Iris Energy to Host an Investor Update Call on November 21, 2023

SYDNEY, Australia, Nov. 17, 2023 (GLOBE NEWSWIRE) — Iris Energy Limited (NASDAQ: IREN) (together with its subsidiaries, “Iris Energy”, or the “Company”), a leading owner and operator of institutional-grade, highly efficient Bitcoin mining data centers powered by 100% renewable energy, today announced that it will host an investor update conference call including time for Q&A on Tuesday, November 21, 2023 at 5:00 p.m. USA Eastern Time. The webcast will be recorded, and the replay will accessible shortly after the event at https://investors.irisenergy.co/events-and-presentationsWebcast and Conference DetailsDate: Tuesday, November 21, 2023  Time: 5:00 p.m. USA Eastern Time (2:00 p.m. Pacific Time or November 22, 2023 at 9:00 a.m. Australian Eastern Daylight Time)    Participant Registration Link    Live Webcast Use...

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Sanoma Learning and Microsoft collaborate to better support teachers and students across Europe in achieving their learning goals

Sanoma Corporation, Investor News, 17 November 2023 at 11:00 EET Sanoma Learning and Microsoft collaborate to better support teachers and students across Europe in achieving their learning goals Sanoma Learning, a leader in K12 learning materials in Europe, and Microsoft are starting to collaborate on a number of improvements for teachers and students. The collaboration will leverage Sanoma’s learning materials, Microsoft’s Learning Accelerators and integrations with Microsoft Teams to support teachers and students across Europe, making learning content and materials more accessible and available within solutions already used in schools. Both companies share the goal of helping students unlock their full potential. Integration of Sanoma’s learning materials into Microsoft Teams will ease teachers’ administrative work...

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NIBE acquires Danish LS Control A/S

NIBE Industrier AB has acquired 70% of the shares in Danish LS Control A/S. The remaining 30% of the shares are to be acquired in two stages by 2028 at the latest. LS Control develops, manufactures and sells electronics for control and regulation to customers in the ventilation and heat pump industry. The company also has customers in medical technology, laboratory equipment and professional catering. The company’s range consists partly of customer-unique products and partly of a standard assortment. The company, which was founded in 1969 and conducts its operations in southern Zealand, employs 55 people directly and a further 30 people via partners. LS Control has annual sales of approximately DKK 100 million (approximately SEK 150 million) and an operating margin of over 15%. ”Through the acquisition, we are further supplementing our...

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Huize Reports Third Quarter 2023 Unaudited Financial Results

SHENZHEN, China, Nov. 17, 2023 (GLOBE NEWSWIRE) — Huize Holding Limited, (“Huize”, the “Company” or “we”) (NASDAQ: HUIZ), a leading digital insurance product and service platform for new generation consumers in China, today announced its unaudited financial results for the third quarter ended September 30, 2023. Third Quarter 2023 Financial and Operational HighlightsDriving high-quality growth: Gross Written Premiums (“GWP”) facilitated year to date on our platform were RMB4,555.5 million, increased by 31.7% year-over-year. Within GWP, First Year Premiums (“FYP”) accounted for RMB2,203.1 million, up 54.1% year-over-year. Renewal premiums year to date increased by 16.0% year-over-year to RMB2,352.4 million. Increases in premiums were driven primarily by our high-quality customer base, sustainably high persistency ratios, and...

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Schneider Electric integrates Hailo Technologies processors for greater AI capabilities

Low-power consumption processors enable real-time, high-accuracy data analysis at the edge Increases the intelligence and efficiency of industrial automation solutionsRueil-Malmaison (France), November 16, 2023 – Schneider Electric, the leader in the digital transformation of energy management and automation, today announced a technology collaboration with Hailo Technologies, a leading Artificial Intelligence (AI) chipmaker, to integrate Hailo’s advanced processors within Schneider Electric solutions.AI offers significant benefits in enhancing the performance, efficiency and capabilities of industrial automation systems, allowing industries across all segments to better position themselves for the future. By integrating the Hailo-8 AI processor within its industrial automation solutions, Schneider Electric will unlock new intelligence...

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Karolinska Development’s portfolio company Umecrine Cognition raises additional funding for the clinical development of golexanolone

STOCKHOLM, SWEDEN – November 17, 2023. Karolinska Development AB (Nasdaq Stockholm: KDEV) today announces that the portfolio company Umecrine Cognition has conducted a capital raise, implemented as a convertible loan with attached share options, for the continued development of its drug candidate golexanolone. Karolinska Development participates as part of an investor consortium in the financing round that brings Umecrine Cognition a total of SEK 30.4 million. The investor consortium consists of Karolinska Development, AB Ility, Ribbskottet AB, and other current long-term shareholders in Umecrine Cognition. The dilutive effect of the transaction will result in a negative earnings effect of SEK 12 million for Karolinska Development in the fourth quarter of 2023. The funding will be used to finance the ongoing clinical Phase 2 trial of golexanolone...

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HOYLU AB PUBLISHES THE INTERIM REPORT FOR JANUARY – SEPTEMBER 2023

Stockholm, Sweden, November 17, 2023 FIRST NINE MONTHS 2023Annual Recurring Revenue (ARR), including long-term service contracts, increased to MSEK 61.8 during the period, up 26% from Q3 2022. Revenue for the first nine months of 2023 was MSEK 42.0, an increase of 22% compared to the first nine months of 2022. EBITDA for the nine months of 2023 was negative MSEK 12.0 compared to negative MSEK 22.5 in the first nine months of 2022.The complete version of The First Half Year Report for 2023 is attached in this press release and is available on Hoylu’s web site (www.hoylu.com/investor-relations/financial-reports/). For more information, please contact: Truls Baklid, CEO Hoylu + 47 924 38 900 Email: tob@hoylu.comKarl Wiersholm, CFO Hoylu + 1 425 829 2316 Email: kw@hoylu.com About Hoylu Hoylu’s visual collaboration technology empowers...

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Byggmästare Anders J Ahlström Holding AB (publ): Delårsrapport 2023 tredje kvartalet

Byggmästare Anders J Ahlström Holding AB (publ) publicerar idag delårsrapport avseende tredje kvartalet 2023 för moderbolaget respektive för koncernen. Juli – September 2023Justerat substansvärde uppgick till 267 kronor den 30 september 2023, en minskning från 340 kronor per 30 juni 2023. Innehavet i Volta Trucks har skrivits ned till noll kronor. Under perioden uppgick totala investeringar till 46,1 mkr. Investering har skett i Volta om 46,1 mkr. Nettoomsättning uppgick till 222,8 mkr (234,0). Rörelseresultat exklusive orealiserade värdeförändringar på finansiella instrument och effekter från omklassificeringar i innehaven uppgick till -27,1 mkr (33,3). Resultat före skatt uppgick till -557,4 mkr (382,7) och resultat per aktie uppgick till -77,14 kr (52,51).Januari – September 2023Justerat substansvärde uppgick till 267 kronor...

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DayDayCook Announces Pricing of Initial Public Offering

NEW YORK, Nov. 17, 2023 (GLOBE NEWSWIRE) — DDC Enterprise Ltd, (NYSEAM: DDC) (“DayDayCook” or the “Company”), a leading content-driven food consumer brand, today announced the pricing of its initial public offering of 3,900,000 of its Class A Ordinary Shares at a price of $8.50 per share. All the Class A Ordinary Shares are being offered by DayDayCook. In addition, DayDayCook has granted the underwriters a 30-day option to purchase an additional 585,000 shares of its common stock at the initial public offering price, less the underwriting discounts and commissions. The gross proceeds to DayDayCook from the offering, before deducting underwriting discounts and commissions and other offering expenses payable by the Company, are expected to be $33.15 million. The offering is expected to close on November 21, 2023, subject to the satisfaction...

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L’oréal Successfully Prices a 1.5 Billion Euros Dual Tranche Bond

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, JAPAN OR AUSTRALIA L’ORÉAL SUCCESSFULLY PRICES A 1.5 BILLION EURO DUAL TRANCHE BOND Clichy, 16 November 2023 – L’Oréal today announces that it has successfully priced a public bond offering for an aggregate nominal amount of €1.5 billion. The offering is composed of two tranches: – A €800 million long 3-year fixed rate bond paying a coupon of 3.375 % p.a. – A €700 million 6-year fixed rate bond paying a coupon of 3.375 % p.a. The net proceeds of the bonds will be used by the Issuer to refinance in part its outstanding €1 billion, 0.375 percent bond due 29 March 2024 and its €750 million variable rate bond due March 2024. The bonds, which are rated AA (Stable) by S&P and Aa1 (Stable) by Moody’s, will be admitted...

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