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Day: June 4, 2024

Burckhardt Compression delivers strong growth and profitability increase; raising its sales guidance for 2027

Production of LABY compressorsProduction of LABY compressorsCEO Fabrice Billard in dialogueCEO Fabrice Billard in dialogueBC Activate in actionBC Activate in actionBurckhardt Compression’s CEO Statement on Fiscal Year 2023 and Future ProspectsAd hoc announcement pursuant to Art. 53 LR of June 4th, 2024Burckhardt Compression achieved the following record results in fiscal year 2023:Sales of CHF 982.0 mn, +18.4% year-on-year Operating income (EBIT) of CHF 121.4 mn, +27.8% year-on-year Earnings per share of CHF 26.63, +29.0% year-on-yearDividend of CHF 15.50 proposed, an increase of 29.2% year-on-year 12% reduction in the Group’s greenhouse gas emission intensity (Scope 1 and 2) Guidance for fiscal year 2024: sales between CHF 1.0 bn and CHF 1.1 bn, with an EBIT-margin at a...

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Jet.AI Announces Non-Recourse Debt Financing for Proposed Fleet Deal

LAS VEGAS, June 04, 2024 (GLOBE NEWSWIRE) — Jet.AI Inc. (“Jet.AI” or the “Company”) (NASDAQ: JTAI), an innovative private aviation and artificial intelligence (“AI”) company, announced the arrangement of non-binding, non-recourse, debt financing related to the proposed purchase of Bombardier Challenger 3500 aircraft valued at approximately US$280 million based on today’s list prices. The debt financing arrangement, in conjunction with the previously announced Ionic Ventures LLC financing, positions the Company well to execute on its long planned fleet order in management’s view. Management’s Commentary:Founder and Executive Chairman Mike Winston commented, “Today’s announcement marks a significant step forward in our fleet expansion plan. Following our successful $25 million order with HondaJet, this new $280 million order...

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Green Thumb Industries Responds to Market Rumors

CHICAGO and VANCOUVER, British Columbia, June 04, 2024 (GLOBE NEWSWIRE) — Green Thumb Industries Inc. (“Green Thumb” or the “Company”) (CSE: GTII) (OTCQX: GTBIF), a leading national cannabis consumer packaged goods company and owner of RISE Dispensaries, today responded to media speculation regarding the possibility of a transaction involving the Company. The Company’s policy is not to comment on market rumors. About Green Thumb IndustriesGreen Thumb Industries Inc. (“Green Thumb”), a national cannabis consumer packaged goods company and retailer, promotes well-being through the power of cannabis while giving back to the communities in which it serves. Green Thumb manufactures and distributes a portfolio of branded cannabis products including &Shine, Beboe, Dogwalkers, Doctor Solomon’s, Good Green, incredibles and RYTHM. The...

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UniFirst Corporation Plans to Announce Third Quarter Results on June 26, 2024

WILMINGTON, Mass., June 04, 2024 (GLOBE NEWSWIRE) — UniFirst Corporation (NYSE: UNF) will report its Fiscal 2024 third quarter results on June 26, 2024 before the market opens. The Company will also hold a conference call at 9:00 a.m. Eastern Time on June 26, 2024 to discuss its quarterly financial results, business highlights and outlook. In addition, the Company may answer one or more questions concerning business and financial developments and trends, the Company’s view on earnings forecasts and other business and financial matters affecting the Company, some of the responses to which may contain information that has not been previously disclosed. A simultaneous live webcast of the call and replay will be available over the Internet at http://investors.unifirst.com. Headquartered in Wilmington, Mass., UniFirst Corporation (NYSE:UNF)...

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Landfolk selects Agillic to scale up personalisation in the international market for holiday homes

Landfolk’s mission is to help get people out of town, closer to nature and each other. Their handpicked holiday homes are all situated in scenic locations, many of which you would otherwise not be able to access, and Landfolk works relentlessly to deliver a personal experience and establish a community feel for hosts and guests alike. Founded in 2021, Landfolk is on an impressive growth journey, already offering over 2,500 homes across Denmark, Germany, Norway and Sweden. In May 2024, Landfolk was recognised with the ‘Best new e-commerce’ award at the Danish Chamber of Commerce’s annual e-commerce awards. A great experience is a strong incentive for booking the next holiday home reservation. To deliver the most relevant, delightful customer experience in a marketplace covering multiple countries, thousands of properties, and where a customer...

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GEMXX Corporation and Latin Energy Partners Sign Definitive Agreement to Drill 4 Test Wells in Latin America

LAS VEGAS, June 04, 2024 (GLOBE NEWSWIRE) — via IBN – GEMXX Corporation ( OTC: GEMZ ) (“GEMXX” or the “Company”), is pleased to announce it has signed a Definitive Agreement with Latin Energy Partners (LEP) to drill four test wells in a highly promising geological formation in Latin America. This strategic venture marks a significant milestone in GEMXX’s expansion into the energy sector, demonstrating its commitment to diversification and growth. The project will be led by Dinesh Kumar Sarraf, the former chairman and managing director of India’s premier exploration and production company, Oil and Natural Gas Corporation Ltd (ONGC). Under Mr. Sarraf’s visionary leadership, ONGC executed numerous international ventures and managed assets valued over $15 billion. His extensive experience and...

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AUTOMOTIVE BLOCKCHAIN MARKET SIZE WORTH USD 7727 MILLION BY 2031 | CAGR 31.82%: Skyquest Technology

Westford, USA, June 04, 2024 (GLOBE NEWSWIRE) — SkyQuest projects that Automotive Blockchain Market will attain a value of USD 7727 Million by 2031, with a CAGR of 31.82% over the forecast period (2024-2031). The leading companies in the software sector have made a number of advancements and breakthroughs in the field of blockchain development, which has fuelled the expansion of the automotive blockchain market. Furthermore, growing government initiatives and investment in the automotive blockchain sector support the market expansion. Furthermore, a number of startups have obtained expertise in the field of blockchain for automobiles, including Xian, NXM Labs, Inc., and others, which is contributing to the trend in the automotive blockchain industry.  Download a detailed overview: https://www.skyquestt.com/sample-request/automotive-blockchain-market...

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Concentrix Debuts on the Fortune 500® List

Company ranks 499 on the Fortune 500® list, based on 2023 revenue NEWARK, Calif., June 04, 2024 (GLOBE NEWSWIRE) — Concentrix Corporation (NASDAQ: CNXC), a global technology and services leader, today proudly announces its debut on the prestigious Fortune 500® list, securing the 499th position. This milestone marks a significant achievement in Concentrix’ history, reflecting its sustained growth and commitment to delivering transformative solutions that power the world’s best brands today and into the future. “We are incredibly proud to be joining the Fortune 500®. It is not only a testament to our game-changers’ hard work and dedication but also a clear indicator of our position as a leading technology and services company that designs, builds, and runs fully integrated, end-to-end solutions across the entire enterprise,...

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Diana Shipping Inc. Announces Time Charter Contract for m/v Polymnia With Reachy

ATHENS, Greece, June 04, 2024 (GLOBE NEWSWIRE) — Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Reachy Shipping (SGP) Pte. Ltd., for one of its Post-Panamax dry bulk vessels, the m/v Polymnia. The gross charter rate is US$17,500 per day, minus a 5.00% commission paid to third parties, for a period until minimum August 1, 2025 up to maximum September 30, 2025. The charter is expected to commence on June 8, 2024. The m/v Polymnia is currently chartered, as previously announced, to Cobelfret S.A., Luxemburg, at a gross charter rate of US$15,000 per day, minus a 5.00% commission paid to third parties. The “Polymnia”...

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