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Day: May 6, 2024

Heritage Bank of Commerce Hires Chris Edmonds-Waters as Chief People and Culture Officer

SAN JOSE, Calif., May 06, 2024 (GLOBE NEWSWIRE) — Heritage Bank of Commerce (the “Bank”), a subsidiary of Heritage Commerce Corp (Nasdaq: HTBK), today announced the appointment of Chris Edmonds-Waters, as Executive Vice President, Chief People and Culture Officer, effective April 30, 2024. With over three decades of dedicated experience in Human Resources, Chris Edmonds-Waters brings an excellent track record of preparing the workforce for organizational growth, while optimizing the impact of a values-driven culture in attracting and retaining top talent. Throughout his career, Mr. Edmonds-Waters has demonstrated a remarkable ability to align human resources strategies with overarching business objectives, resulting in transformative employee engagement and substantial revenue expansion. His appointment comes as Jan Coonley relocates...

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Rising Cloud Threats Demand Advanced Defenses: Check Point’s 2024 Report Highlights Urgent Need for AI and Prevention First Security Measures

Report highlights how technological advancements breed stronger cloud threats as 91% express concern over emerging risks and zero-day attacks REDWOOD CITY, Calif., May 06, 2024 (GLOBE NEWSWIRE) — Check Point Software Technologies Ltd. (NASDAQ: CHKP), a leading AI-powered, cloud-delivered cyber security platform provider, today unveiled its 2024 Cloud Security Report. The report exposes a critical surge in cloud security incidents, marking a significant increase from 24% in 2023 to 61% in 2024, highlighting the escalating complexity and frequency of cloud threats. The latest survey from Check Point reveals a concerning trend: while most organizations continue to prioritize threat detection and monitoring, focusing on known vulnerabilities and patterns of malicious behavior, only a mere 21% emphasize prevention. This is particularly...

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Ghislain Houle and Patrick Whitehead to Address Investor Conferences on May 14 and 15

MONTREAL, May 06, 2024 (GLOBE NEWSWIRE) — Ghislain Houle and Patrick Whitehead (TSX: CNR) (NYSE: CNI), to address upcoming conferences:Ghislain Houle, Executive Vice-President and Chief Financial Officer and Patrick Whitehead, Executive Vice-President and Chief Network Operating Officer of CN (TSX: CNR) (NYSE: CNI), will address the RBC Capital Markets Canadian Automotive, Industrials and Transportation Conference on May 14, 2024 at 8:00 a.m. Eastern Time (ET);Ghislain Houle, Executive Vice-President and Chief Financial Officer and Patrick Whitehead, Executive Vice-President and Chief Network Operating Officer of CN (TSX: CNR) (NYSE: CNI), will address the Bank of America’s 31st annual Transportation, Airlines and Industrials Conference on May 15, 2024 at 8:00 a.m. Eastern Time (ET).CN will provide a live webcast via the...

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Fortinet Threat Research Finds Cybercriminals Are Exploiting New Industry Vulnerabilities 43% Faster than 1H 2023

FortiGuard Labs’ 2H 2023 Global Threat Landscape Report highlights the need for vendors to adhere to vulnerability disclosure best practices and for organizations to improve cyber hygiene and patch management SUNNYVALE, Calif., May 06, 2024 (GLOBE NEWSWIRE) — RSA Conference 2024 Derek Manky, Chief Security Strategist and Global VP Threat Intelligence, FortiGuard Labs“The 2H 2023 Global Threat Landscape Report from FortiGuard Labs continues to shine a light on how quickly threat actors are taking advantage of newly disclosed vulnerabilities. In this climate, both vendors and customers have a role to play. Vendors must introduce robust security scrutiny at all stages of the product development life cycle and dedicate themselves to responsible radical transparency in their vulnerability disclosures. With over 26,447 vulnerabilities...

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Mullen Announces Adoption of Limited Duration Stockholder Rights Plan

The Rights Agreement is intended to promote the fair and equal treatment of all stockholders and is similar to rights plans adopted by other publicly held companies The Rights Agreement is not a financing transaction and no additional shares of Common Stock or Preferred Stock or warrants or convertible notes are currently being issued in connection with the Rights Agreement BREA, Calif., May 06, 2024 (GLOBE NEWSWIRE) — via IBN — Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an electric vehicle (“EV”) manufacturer, today announces that its Board of Directors (the “Board”) has unanimously adopted a limited duration stockholder rights plan (the “Rights Plan”). The Rights Plan is intended to promote the fair and equal treatment of all stockholders and is similar to rights plans adopted by other publicly...

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Vera Bradley, Inc. Announces Reporting Date for First Quarter Fiscal Year 2025 Results

FORT WAYNE, Ind., May 06, 2024 (GLOBE NEWSWIRE) — Vera Bradley, Inc. (Nasdaq: VRA) (the “Company”) today announced that it plans to report results for the first quarter of the fiscal year ending February 1, 2025 at 8:00 a.m. Eastern Time on Wednesday, June 12, 2024. The Company will host a conference call to discuss its financial results at 9:30 a.m. Eastern Time that same day. A live webcast of the conference call will be available on the Investor Relations section of the Company’s website, www.verabradley.com. Alternatively, interested parties may dial into the call at (877) 407-0779, and enter the access code 13742954. A replay will be available shortly after the conclusion of the call and remain available through June 26, 2024. To access the recording, listeners should dial (844) 512-2921, and enter the access code 13742954. ABOUT...

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Canadian Life Companies Split Corp. At-The-Market Equity Program Renewed

TORONTO, May 06, 2024 (GLOBE NEWSWIRE) — Canadian Life Companies Split Corp. (“the Company”) announces it has renewed its at-the-market equity program (“ATM Program”) that allows the Company to issue shares of the Company to the public from time to time at the Company’s discretion, effective until June 1, 2026, unless terminated prior to such date by the Company. This ATM Program replaces the prior program established in March 2022 that has terminated. Any Class A Shares or Preferred Shares sold in the ATM Program will be sold through the Toronto Stock Exchange (the “TSX”) or any other marketplace in Canada on which the Class A Shares and Preferred Shares are listed, quoted or otherwise traded at the prevailing market price at the time of sale. Sales of Class A Shares and Preferred Shares through the ATM Program will be made pursuant...

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Riot Announces April 2024 Production and Operations Updates

Riot Produces 375 Bitcoin in April 2024 and Provides Infrastructure Updates CASTLE ROCK, Colo., May 06, 2024 (GLOBE NEWSWIRE) — Riot Platforms, Inc. (NASDAQ: RIOT) (“Riot” or “the Company”), an industry leader in vertically integrated Bitcoin (“BTC”) mining, announces unaudited production and operations updates for April 2024. Bitcoin Production and Operations Updates for April 2024             Comparison (%)  Metric   April 2024 1 March 2024 1 April 2023   Month/Month Year/Year  Bitcoin Produced   375 425 639   -12% -41%  Average Bitcoin Produced per Day 12.5 13.7 21.3   -9% -41%  Bitcoin Held 2   8,872 8,490 7,112   4% 25%  Bitcoin Sold   – – 600   N/A N/A  Bitcoin Sales – Net Proceeds   – – $17.6 million   N/A N/A  Average Net Price per Bitcoin Sold N/A N/A $29,263   N/A N/A  Deployed...

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Turbo Energy Files Patent Application in Spain for its Sunbox Commercial and Industrial Product

Turbo Energy’s Sunbox Commercial & Industrial (“Sunbox C&I”) ProductSource: Turbo EnergyVALENCIA, Spain, May 06, 2024 (GLOBE NEWSWIRE) — Turbo Energy, S.A. (NASDAQ: TURB) (“Turbo Energy” or “the Company”), a leader in the field of photovoltaic energy storage, today announced it has filed a patent application with the Spanish Patent and Trademark Office (“OEPM”) for its Sunbox Commercial & Industrial (“Sunbox C&I”) product. This product, which is already available on the market, offers the most efficient and adaptable solution for both isolated and grid-connected projects. Additionally, the product allows for existing solar installations of any brand to be managed by the Sunbox system, thus expanding a user’s photovoltaic production capability as needed.Turbo Energy’s Sunbox Commercial & Industrial...

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Portillo’s Strengthens Leadership Team with first Chief Information Officer and Chief Marketing Officer Appointments

Restaurant industry veteran Keith Correia named CIO, Nick Scarpino promoted to CMO as brand furthers growth strategyNick Scarpino, Chief Marketing Officer of Portillo’sNick Scarpino, Chief Marketing Officer of Portillo’sKeith Correia, Chief Information Officer of Portillo’sKeith Correia, Chief Information Officer of Portillo’sCHICAGO, May 06, 2024 (GLOBE NEWSWIRE) — Portillo’s (NASDAQ: PTLO), the fast-casual restaurant concept known for its menu of unrivaled Chicago-style street food, today announced the appointments of Keith Correia as Chief Information Officer (CIO) and Nick Scarpino as Chief Marketing Officer (CMO). Both leaders will play key roles for the business as Portillo’s expands and scales nationwide. “I’m thrilled to welcome Keith and Nick into their new roles as we drive Portillo’s...

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