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Day: February 7, 2024

Global Biotechnology Market to Surpass USD 3879.51 billion by 2030 Driven by Increasing Prevalence of Chronic Diseases

SkyQuest projects that the global biotechnology market will attain a value of USD 3879.51 billion by 2030, with a CAGR of 13.9% during the forecast period (2023-2031). With the increasing prevalence of chronic diseases, it is believed that chronic conditions are now more common than ever. With the growing middle class and rapid urbanization, people are becoming more sedentary. As a result, diseases such as genetic mutations, diabetes, malaria, HIV, tuberculosis and obesity are high. Other factors contributing to the growth of market share are high prevalence of targeted diseases and genetic abnormalities, continuous technological advancement in polymer chain reaction technology, and investment, money for and support for increased scientific research in the global biotechnology market. The biopharmaceutical industry is focused on personalized...

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Dayforce Completes Acquisition of eloomi

Customers to benefit from optimized training and people development capabilities for the extended workforce MINNEAPOLIS and TORONTO, Feb. 07, 2024 (GLOBE NEWSWIRE) — Dayforce, Inc. (NYSE: DAY; TSX: DAY), a global human capital management (HCM) leader that makes work life better, today announced it has completed the acquisition of eloomi A/S, a leading learning experience platform software provider based in Copenhagen, Denmark, and Orlando, Florida. The acquisition was previously announced on January 18, 2024, and closed effective February 1, 2024. “The acquisition of eloomi marks a significant milestone for our company as it serves to further our leadership in talent development, and better position Dayforce as the all-in-one HCM solution for organizations around the world,” said Joe Korngiebel, Chief Product and Technology Officer,...

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Global Biochar Market to Surpass USD 700.7 million by 2030 Driven by Increasing Renewable Technologies

SkyQuest projects that the global biochar market will attain a value of USD 700.7 million by 2030, with a CAGR of 13.1% during the forecast period (2023-2031). Biochar is produced by pyrolysis of oxygen-free organic matter in the global biochar market. It can be done on a small household stove, or it can be an industrial activity. Either way, pyrolysis does not produce carbon dioxide like an ordinary oxygen-powered fire. Also, the products are promising as they capture CO2 absorbed by plants, which is fired down into a fertilizer-like substance added to the soil to increase productivity and therefore can reduce the need for food processing requiring more land to be cleared for agriculture. Westford, USA, Feb. 07, 2024 (GLOBE NEWSWIRE) — Governments around the world are trying to mitigate the effects of climate change by increasing...

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Ahold Delhaize USA Sells Meat Processing Facilities to Cargill

SALISBURY, N.C., Feb. 07, 2024 (GLOBE NEWSWIRE) — Ahold Delhaize USA today announced its Infinity Meat Solutions subsidiaries have sold two meat processing facilities in North Kingstown, R.I., and Camp Hill, Penn., to Cargill as Ahold Delhaize USA companies focus investments in their omnichannel businesses. “As our brands focus on being the leading omnichannel grocery retailers in our markets, we have made the decision to sell these facilities so that we can continue to be intentional about our investments in the U.S. as we drive growth,” said JJ Fleeman, CEO, Ahold Delhaize USA. “By aligning these facilities with a company that specializes in meat production, we can continue to provide quality products to our brands’ customers and increase our focus on being leading omnichannel retailers.”    Cargill team members already staff...

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TerrAscend Applauds Governor Shapiro’s Prioritization of Adult-Use Cannabis Legalization in Pennsylvania

TORONTO, Feb. 07, 2024 (GLOBE NEWSWIRE) — TerrAscend Corp. (“TerrAscend” or the “Company”) (TSX: TSND) (OTCQX: TSNDF), a leading North American cannabis company, celebrates Governor Shapiro for his official endorsement of Pennsylvania’s adult-use cannabis program. Per his announcement yesterday, Governor Shapiro proposed the legalization of adult-use cannabis in the Keystone State effective July 1st for possession and consumption, with full adult-use sales commencing January 1, 2025. “What an important day for the citizens of the Commonwealth,” said Jason Wild, Executive Chairman of TerrAscend. “With the Governor’s support, we are one step closer to expanding our offerings to adult-use consumers in what we expect will be TerrAscend’s largest market. Our team can’t wait to introduce...

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Vita Coco Offers Free Hangover Recovery Nationwide on Monday after the Big Game

Consumers nationwide can score free Vita Coco Coconut Water anywhere they shop on Feb. 12 after the Big Game, one of the most hungover days of the yearVita Coco Offers Free Hangover Recovery Nationwide on Monday after the Big GameConsumers nationwide can score free Vita Coco Coconut Water anywhere they shop on Feb. 12NEW YORK, Feb. 07, 2024 (GLOBE NEWSWIRE) — On Monday, Feb. 12, The Vita Coco Company (NASDAQ: COCO) is offering free hangover recovery nationwide*. The Monday after the Big Game is one of the least productive days of the year, with nearly 19 million employees in the U.S. expected to miss work due to fatigue and hangovers. And, according to a Workforce Institute study, 1 in 5 employed Americans say they will report to work late or plan to miss work entirely that day. To make Monday more bearable, Vita Coco...

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Global Animal Nutrition Market to Surpass USD 55.52 billion by 2030 Driven by Increase in Livestock Production

SkyQuest projects that the global animal nutrition market will attain a value of USD 55.52 billion by 2030, with a CAGR of 3.5% during the forecast period (2023-2030). Other raw materials such as grains, crops, silage, residues, fertilizers, or feedstocks to increase nutrient content and have a positive effect on animal health. Animal meat products (dairy) and ever-increasing demand for eggs) has put a lot of stress on ranchers. It turned out that the issue for such farmers, however, is how to maximize yields while keeping costs down. Therefore, the best way to improve digestion and metabolism is through the use of animal feed, also known as supplementation in the global animal nutrition market. Westford, USA, Feb. 07, 2024 (GLOBE NEWSWIRE) — Increase in livestock production and increase in demand for meat and other animal products....

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Global Application Server Market to Surpass USD 50.14 billion by 2030 Driven by Rapid Development of Wireless Network

SkyQuest projects that the global application server market will attain a value of USD 50.14 billionby 2030, with a CAGR of 12.9% during the forecast period (2023-2031). The rapid development of wireless network and mobile device technologies is providing more opportunities for application servers to extend its reach into previously untapped markets such as information delivery, digitization of government services etc. In the global application server market. Westford, USA, Feb. 07, 2024 (GLOBE NEWSWIRE) — Application servers enable network data streaming by providing middleware services for security and maintenance and web application development tools in the global application server market. Organizations are increasingly relying on IT infrastructure as it promises efficient and effective management of databases and backend operations....

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Liberty Northwest Bancorp, Inc. Reports 2023 Fourth Quarter and Full Year Financial Results

2023 Fourth Quarter Financial Highlights:Total assets were $184.7 million at year end. Asset quality remains excellent with zero nonperforming assets at year end. Net interest income of $1.07 million for the fourth quarter and $4.44 million for the year. Net interest margin of 2.48% for the fourth quarter and 2.59% for the year. Total deposits increased modestly to $ 142.2 million at year end compared to $141.8 million a year ago. Tangible book value per share was $7.58 at year end.POULSBO, Wash., Feb. 07, 2024 (GLOBE NEWSWIRE) — Liberty Northwest Bancorp, Inc. (OTCQX: LBNW) (the “Company”) and its wholly-owned subsidiary Liberty Bank today announced earnings of $1 thousand for the fourth quarter ended December 31, 2023, compared to $6 thousand reported in the third quarter ended September 30, 2023, and $136 thousand in the...

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Natural Health Trends Reports Fourth Quarter and Full Year 2023 Financial Results

– Fourth quarter revenue of $10.9 million increased 3% compared to the third quarter of 2023 – Cash flows from operations improved $2.0 million year-over-year before tax installment payments– Declared a quarterly cash dividend of $0.20 per share  HONG KONG, Feb. 07, 2024 (GLOBE NEWSWIRE) — Natural Health Trends Corp. (NASDAQ: NHTC), a leading direct-selling and e-commerce company that markets premium quality personal care, wellness and “quality of life” products under the NHT Global brand, today announced its financial results for the fourth quarter and full year ended December 31, 2023. Fourth Quarter 2023 Financial Highlights•    Revenue of $10.9 million increased 3% compared to $10.6 million in the third quarter of 2023 and decreased 13% compared to $12.5 million in the fourth quarter of 2022. •    Operating loss was $242,000 compared...

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