Day: June 7, 2024
Westford, USA, June 07, 2024 (GLOBE NEWSWIRE) — SkyQuest projects that Global Blockchain Identity Management Market will attain a value of USD 293.39 Million by 2031, with a CAGR of 82.6% over the forecast period (2024-2031). Cyberattacks and data breaches aimed at stealing private and public sector organisations’ sensitive information are on the rise right now. Among many other things driving the market, one is the increasing need for effective Identity management models in different organizations so as to assist in regulatory compliance while also monitoring employee behaviour. The market is also growing due to the increasing demand for self-sovereign identification technology across multiple sectors which seeks to keep minimal personal data of users at the same time making the process of identification more efficient.
Download...
CORRECTION: ODDITY Tech Announces Share Buyback Plan, Raises Q2 Guidance
Written by Customer Service on . Posted in Public Companies.
Updated to correct clerical error in Q2 2024 Prior Adjusted Diluted EPS Outlook in table below from release issued earlier today.
NEW YORK, June 07, 2024 (GLOBE NEWSWIRE) — ODDITY Tech Ltd. (NASDAQ: ODD) today announced that its Board of Directors has approved a share buyback program authorizing the repurchasing on the open market of a maximum of $150 million of the Company’s Class A Ordinary Shares (the “Buyback Plan”), subject to market conditions, legal and regulatory constraints, the terms of the Plan, and other strategic priorities. The Buyback Plan will expire on June 30, 2027 or once the allocated funds have been fully deployed, subject to any future modifications by the Board.
ODDITY currently has over $250 million of cash, cash equivalents, and investments on its balance sheet. It has zero financial debt, and an additional...
Ferrellgas Joins Industry Colleagues Worldwide to Recognize LPG Day
Written by Customer Service on . Posted in Public Companies.
LIBERTY, Mo., June 07, 2024 (GLOBE NEWSWIRE) — The employee-owners of nationwide propane company Ferrellgas Partners, L.P. (OTC:FGPR) are celebrating LPG Day! Created by the Paris-based World Liquid Gas Association (WLGA) and recognized annually on June 7, the event is designed to raise awareness of the many benefits of propane around the world.
Millions of Americans rely on propane to fuel their homes, businesses, and farms. Ferrellgas is one of America’s largest propane companies and is also well known for its popular Blue Rhino exchange brand that is sold at approximately 65,000 locations. President & Chief Executive Officer Tamria Zertuche said the nearly 4,500 Ferrellgas employee-owners plan to commemorate the day together and with their industry peers.
“Ferrellgas is proud to stand up with our industry partners here...
NRSInsights’ May 2024 Retail Same-Store Sales Report
Written by Customer Service on . Posted in Public Companies.
National Retail SolutionsUS Commerce Department’s Advance Monthly Retail Trade dataMay same-store sales increased 4.7% year-over-year
NEWARK, N.J., June 07, 2024 (GLOBE NEWSWIRE) — NRSInsights, a provider of sales data and analytics drawn from retail transactions processed through the National Retail Solutions (NRS) point-of-sale (POS) platform, today announced comparative same-store sales results for May 2024.
As of May 31, 2024, the NRS retail network comprised approximately 30,800 active terminals scanning purchases at independent retailers including bodegas, convenience stores, liquor stores, grocers, tobacco, and sundries sellers nationwide, predominantly serving urban consumers.
May Retail Same-Store Sales Highlights
(Same-store sales, unit sales, transactions, and average price data throughout this release refer...
Edge Security Market to Surpass USD 111.36 Billion Mark by 2031 | SkyQuest
Written by Customer Service on . Posted in Mergers And Acquisitions.
Westford, USA, June 07, 2024 (GLOBE NEWSWIRE) — SkyQuest projects that Global Edge Security Market will attain a value of USD 111.36 Billion by 2031, with a CAGR of 21.5% over the forecast period (2024-2031). The chief factors driving the growth of the global edge security market are the increasing application of secure access service edge (SASE) for reducing IT expenses and simplification, along with rising security fears as well as the likelihood of cyber-attacks. However, the fragmented and complicated nature of edge settings is one of the issues impeding this market’s growth. Furthermore, it is anticipated that market participants will have development possibilities due to the growing use of 5G technology to improve communications infrastructure and the growing uptake of cloud-based services among SMEs.
Download a detailed...
Virco Reports 33.7% Increase in First Quarter Revenue; Net Income of $2.1 million; Declares Regular Quarterly Dividend
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
Seasonally Light Quarter Swings to Profit on Strong Shipments, Steady Margins
Board Declares Quarterly Dividend of $0.02 per Share, payable July 12, 2024 to Shareholders of Record as of June 21, 2024
Company Completes First Round of Open Market Share Repurchases Totaling $1.5 million; Current Authorization Includes Additional $3.5 Million for Future RepurchasesTORRANCE, Calif., June 07, 2024 (GLOBE NEWSWIRE) — Virco Mfg. Corporation (NASDAQ: VIRC), the leading manufacturer and supplier of movable furniture and equipment for educational environments in the United States, announced shipments for the First Quarter ended April 30, 2024, grew 33.7% compared to the same quarter in the prior year, generating net income of $2.1 million vs. a loss of $1.4 million in the same seasonally light quarter of the prior year.
The Company’s...
NeurAxis Announces New Submission to the FDA for the Expansion of its IB-Stim Label; Provides Compliance with NYSE Guidelines on Audit Disclosure
Written by Customer Service on . Posted in Public Companies.
CARMEL, Ind., June 07, 2024 (GLOBE NEWSWIRE) — NeurAxis, Inc. (“NeurAxis,” or the “Company”) (NYSE American: NRXS), a medical technology company commercializing neuromodulation therapies addressing chronic and debilitating conditions in children and adults, today announced a submission to the FDA for expansion of its IB-Stim label. The new submission is significant as it would allow access to a larger patient population beyond 11-18 years of age and allow for marketing of 4 devices per prescription.
A systematic literature review demonstrated that at least 9 published studies that used the IB-Stim technology in children with chronic abdominal pain used a total of four devices over 4 consecutive weeks. The systematic literature review also demonstrated that many patients as young as 8 years and up to 21 years, which is outside of...
Surge Copper Announces Upsize of Private Placement to $2.2M
Written by Customer Service on . Posted in Public Companies.
Vancouver, British Columbia, June 07, 2024 (GLOBE NEWSWIRE) — Surge Copper Corp. (TSXV: SURG) (OTCQB: SRGXF) (Frankfurt: G6D2) (“Surge” or the “Company”) announces an upsize to its previously announced non-brokered private placement of charity flow-through common shares, announced June 6, 2024, from approximately $1.6 million to approximately $2.2 million (the “Offering”).
Pursuant to the amended terms, the Offering will now consist of up to 8,966,667 charity flow-through common shares (the “CFT Shares”) at a price of $0.245 per CFT Share for gross proceeds of up to approximately $2.2 million. All other terms of the Offering remain the same.
The aggregate gross proceeds raised from the CFT Shares will be used prior to December 31, 2025 for general exploration expenditures which will constitute Canadian exploration expenses (within...
Asensus Surgical Announces Signing of Definitive Merger Agreement with KARL STORZ
Written by Customer Service on . Posted in Public Companies.
KARL STORZ to acquire Asensus for $0.35 per share in cash
Creating a leading surgical robotics division within KARL STORZ
RESEARCH TRIANGLE PARK, N.C., June 07, 2024 (GLOBE NEWSWIRE) — Asensus Surgical, Inc. (NYSE American: ASXC) (“Asensus Surgical” or “Asensus”), a global leader of innovative digital solutions for the operating room, today announced that it has entered into a definitive merger agreement (the “Merger Agreement”) with KARL STORZ Endoscopy-America, Inc. (“KARL STORZ”), a wholly owned direct subsidiary of KARL STORZ SE & Co. KG, an independent, family-owned global medical technology company. Under the Merger Agreement, KARL STORZ will acquire all of the outstanding shares of Asensus Surgical for $0.35 per share in cash (the “Merger”). The purchase price represents a premium of approximately 67% based...
VCI Global Unveils “Socializer”: A Military-Grade Secured Messaging Platform with Secure Digital Asset Wallet for Consumers
Written by Customer Service on . Posted in Public Companies.
KUALA LUMPUR, Malaysia, June 07, 2024 (GLOBE NEWSWIRE) — VCI Global Limited (NASDAQ: VCIG) (“VCI Global”, “VCIG”, or the “Company”), is proud to announce the launch of “Socializer”, a consumer version of military-grade secured messenger platform currently serving a European government and businesses. Socializer aims to protect data privacy and facilitate digital asset storage. This initiative, in collaboration with a Switzerland-based provider, includes the development of a secure digital asset wallet, extending robust security features to consumers worldwide.
Socializer stands out with its military-grade end-to-end encryption, ensuring that user communications and media remain private and secure. A highlight of the platform is its advanced facial recognition technology that instantly conceals chats with “private status” contacts...