Day: June 12, 2024

Vera Bradley Announces First Quarter Fiscal Year 2025 Results

First quarter consolidated net revenues totaled $80.6 million, compared to $94.4 million last year Strong balance sheet, with cash and cash equivalents of $55.2 million, no debt, and year-over-year inventories down over 12% First quarter net loss totaled ($8.1) million, or ($0.26) per diluted share, compared to a net loss of ($4.7) million, or ($0.15) per diluted share, last year    First quarter non-GAAP net loss totaled ($6.5) million, or ($0.21) per diluted share, compared to a non-GAAP net loss of ($2.6) million, or ($0.09) per diluted share, last year  Management reconfirms guidance for fiscal year ending February 1, 2025 FORT WAYNE, Ind., June 12, 2024 (GLOBE NEWSWIRE) — Vera Bradley, Inc. (Nasdaq: VRA) (the “Company”) today announced its financial results for the first quarter of the fiscal year ending February 1, 2025...

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Traction Uranium and Forum Energy Metals Commence Airborne MobileMT Survey on the Grease River Project, Athabasca Basin

CALGARY, Alberta, June 12, 2024 (GLOBE NEWSWIRE) — Traction Uranium Corp. (CSE: TRAC) (OTC: TRCTF) (FRA: Z1K) (the “Company” or “Traction”) and Forum Energy Metals Corp. (“Forum”) are pleased to announce they have commenced a helicopter-borne airborne MobileMT (Mobile MagnetoTellurics) survey on the Grease River Project, located along the north rim of the Athabasca Basin, Saskatchewan. The survey is being completed by Expert Geophysics based out of Aurora, Ontario. A total of 1,781 line-km will be surveyed at a 100 metre line spacing and will collect high resolution magnetic and VLF data. The survey will be conducted over the entire Grease River claims totaling 10,528 hectares along the Grease River Shear Zone (Figure 1). Data delivery is expected within eight weeks from completion of the survey from Expert Geophysics and will...

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Intelligent Bio Solutions Adds Major European Transport and Infrastructure Solutions Provider to Growing Number of Accounts Adopting Fingerprint Drug Screening Technology

NEW YORK, June 12, 2024 (GLOBE NEWSWIRE) — Intelligent Bio Solutions Inc. (Nasdaq: INBS) (“INBS” or the “Company”), a medical technology company delivering intelligent, rapid, non-invasive testing solutions, today announced the addition of a major European transport and infrastructure solutions provider to its growing number of accounts. The company is using INBS’ Intelligent Fingerprinting Drug Screening System to monitor fitness for duty of employees within its United Kingdom operations. The decision to integrate INBS’ innovative technology into the company’s operations demonstrates its commitment to employee safety and operational efficiency. Previously, it used sporadic, for-cause urine testing involving a third-party provider with a minimum two-hour call-out time. The company wanted to implement...

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Accounting Software Market to Surpass USD 30.18 Billion by 2031 | SkyQuest

Westford USA, June 12, 2024 (GLOBE NEWSWIRE) — SkyQuest projects that Accounting Software Market will attain a value of USD 30.18 Billion by 2031, with a CAGR of 8.02% over the forecast period (2024-2031). Driving the market even further forward are amplified investments in domains such as BFSI, healthcare & retail etc., together with an increase in adoption rates for cloud-based accounting systems. The growth of the market is driven using advanced technologies within organizations aimed at improving efficiency, and the advent of virtual CFOs who aim at improving the operations of small as well as medium sized enterprises. The growing trend of accounting process automation, which boosts productivity and does away with manual labour, is driving market expansion. Download a detailed overview: https://www.skyquestt.com/sample-request/accounting-software-market Browse...

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FTI Consulting Survey Identifies Top Operational Challenges and Opportunities for Hospital Leaders

Workforce Shortages, Cybersecurity Threats Top List of Concerns for Nearly All Respondents WASHINGTON, June 12, 2024 (GLOBE NEWSWIRE) — FTI Consulting, Inc. (NYSE: FCN) today announced the results of its inaugural FTI Consulting Hospital Operations Outlook Survey, which found that workforce shortages, financial performance and risks related to new technologies are top of mind for hospital leaders. All, or nearly all hospital executives surveyed have clinical (99%), financial (99%) and digital and technology concerns (100%), as the industry continues to experience post-pandemic transformation, increasing demand from patients and communities, and heightened scrutiny from regulators. “As the healthcare system recovers from the shock of the pandemic, healthcare executives need to prepare to face future challenges head-on,” said Lauren...

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Kelly Completes Sale of Ayers Group, a Division of KellyOCG, to Keystone Partners

TROY, Mich., June 12, 2024 (GLOBE NEWSWIRE) — Kelly (Nasdaq: KELYA, KELYB), a leading global specialty talent solutions provider, has completed the sale of Ayers Group, a division of KellyOCG, to Keystone Partners, a Silver Oak Services Partners LLC portfolio company. Ayers Group provides outplacement, executive coaching, and leadership development solutions to employers across a wide range of industries. Terms of the sale were not disclosed. The sale of Ayers Group sharpens KellyOCG’s focus on global recruitment process outsourcing (RPO) and managed service provider (MSP) solutions. The transaction also unlocks incremental capital to redeploy toward Kelly’s specialty strategy. “The sale of Ayers Group marks another step forward on KellyOCG’s journey to become the leading provider of global RPO and MSP solutions, which are key...

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Form 8.3 – [KEYWORDS STUDIOS PLC – 11 06 2024] – (CGWL)

FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORERule 8.3 of the Takeover Code (the “Code”) 1.        KEY INFORMATION (a)   Full name of discloser: CANACCORD GENUITY WEALTH LIMITED (for Discretionary clients) (b)   Owner or controller of interests and short positions disclosed, if different from 1(a):        The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named. N/A (c)   Name of offeror/offeree in relation to whose relevant securities this form relates:        Use a separate form for each offeror/offeree KEYWORDS STUDIOS PLC (d)   If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: N/A (e)   Date position...

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Bread Financial™ Provides Performance Update for May 2024

COLUMBUS, Ohio, June 12, 2024 (GLOBE NEWSWIRE) — Bread Financial Holdings, Inc. (NYSE: BFH), a tech-forward financial services company that provides simple, personalized payment, lending and saving solutions, provided a performance update. The following tables present the Company’s net loss rate and delinquency rate for the periods indicated.   For themonth endedMay 31, 2024   For themonth endedMay 31, 2023   (dollars in millions) End-of-period credit card and other loans $ 17,847     $ 18,078   Average credit card and other loans(1) $ 17,846     $ 17,666   Year-over-year change in average credit card and other loans(1)   1 %     4 % Net principal losses(2) $ 133     $ 124   Net loss rate(1)(2)   8.8 %     8.4 %   As ofMay 31, 2024   As ofMay 31, 2023   (dollars in millions) 30 days + delinquencies – principal(2) $ 976     $ 932   Period...

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Digicel Deploys Infinera’s GX Series for Deep Blue One Subsea Cable System

SAN JOSE, Calif., June 12, 2024 (GLOBE NEWSWIRE) — Infinera (Nasdaq: INFN) announced today that Digicel has deployed Infinera’s GX Series, featuring Infinera’s ICE6 800G and FlexILS solutions, to light the Deep Blue One subsea cable connecting French Guiana, Suriname, Guyana, and Trinidad and Tobago. The deployment offers service providers new, best-in-class connectivity to the southern Caribbean region. Deep Blue One is a new subsea cable system that spans 2,100 kilometers (km) in the Caribbean and Latin America region, providing connectivity to service providers and a direct route for offshore gas and oil rigs. Deep Blue One will connect to Southern Caribbean Fiber’s existing subsea cable, which already spans 3,000 km, to connect with 16 islands in the Eastern Caribbean, connecting from Trinidad and Tobago to Puerto Rico with...

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Quoin Pharmaceuticals Announces Signing of Research Agreement with University College Cork (UCC), Ireland

Agreement will focus on the development of novel topical rapamycin (sirolimus) formulations as potential treatments for a number of rare and orphan diseases UCC’s proprietary dissolvable microneedles technology and other approaches will be utilized to optimize the local delivery of rapamycin ASHBURN, Va., June 12, 2024 (GLOBE NEWSWIRE) — Quoin Pharmaceuticals Ltd. (NASDAQ: QNRX) (the “Company” or “Quoin”), a specialty pharmaceutical company focused on rare and orphan diseases, today announced that it has signed a research agreement with The School of Pharmacy at University College Cork, Ireland. The scope of the agreement encompasses the development of novel topical formulations of Rapamycin (sirolimus) as potential treatments for a number of rare and orphan diseases for which there are currently no approved therapies or cures....

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