Day: June 27, 2024

DAVIDSON, N.C., June 27, 2024 (GLOBE NEWSWIRE) — Ingersoll Rand Inc. (NYSE: IR), a global provider of mission-critical flow creation and life science and industrial solutions, has unveiled its 2023 Sustainability Report. “Leading Sustainably through execution” details the company’s commitment, action, and accomplishments related to a more sustainable future, guided by Ingersoll Rand Execution Excellence (IRX) and an ownership mindset. Sustainability is a key component of Ingersoll Rand’s purpose of Making Life Better. The company’s Lead Sustainably strategic imperative focuses on two main areas: Grow Sustainably and Operate Sustainably. “We continue to grow and operate sustainably by developing innovative and sustainable products and services that deliver immediate value to our customers through efficiency, circularity, and safety...

GXO humanoidRobots-as-a-Service (RaaS) agreement integrates Agility’s Humanoid robots with other cobots at GXO’s SPANX facilityRobots-as-a-Service (RaaS) agreement integrates Agility’s Humanoid robots with other cobots at SPANX facility GREENWICH, Conn., June 27, 2024 (GLOBE NEWSWIRE) — GXO Logistics, Inc. (NYSE: GXO), the world’s largest pure-play contract logistics provider, and Agility Robotics, creator of the leading bipedal Mobile Manipulation Robot (MMR) Digit®, announced today that they have signed a multi-year agreement to begin deploying Digit in GXO’s logistics operations. This agreement, which follows a proof-of-concept pilot in late 2023, is both the industry’s first formal commercial deployment of humanoid robots and first Robots-as-a-Service (RaaS) deployment of humanoid robots. “We’re building on...

Actelis secures a $300,000 order for hybrid-fiber networking to support a critical transportation infrastructure project, continuing its expansion in international markets and highlighting the importance of its cost-effective, scalable, and secure technology. FREMONT, Calif., June 27, 2024 (GLOBE NEWSWIRE) — Actelis Networks, Inc. (NASDAQ:ASNS) (“Actelis” or the “Company”), a market leader in cyber-hardened, rapid deployment networking solutions for IoT applications, today announced that it has received an order of over $300,000 from its new channel partner in Italy to support a critical national transportation infrastructure project. This announcement comes on the backdrop of Actelis’ continued success in the transportation sector, including the deployment of its solutions for National Highways in the UK, the Washington...

Announces Resignation of Brian Ferdinand from the Board MIAMI, June 27, 2024 (GLOBE NEWSWIRE) — LuxUrban Hotels Inc. (“LuxUrban” or the “Company”) (Nasdaq: LUXH), a hospitality company which leases entire existing hotels on a long-term basis and rents rooms in its hotels to business and vacation travelers, today announced the appointment of Patrick McNamee as an independent member of the Company’s Board of Directors (“Board”), effective June 27, 2024. The Company also announced that Brian Ferdinand has resigned from the Board. Mr. McNamee is a seasoned and accomplished business leader who brings more than 30 years of experience as a public company executive, investor, and board member. He will serve as Chair of LuxUrban’s Compensation Committee and as a member of the Nominating and Corporate Governance Committee. “Patrick brings...

WEST PALM BEACH, Fla., June 27, 2024 (GLOBE NEWSWIRE) — LXP Industrial Trust (NYSE: LXP) (“LXP”), a real estate investment trust (REIT) focused on Class A warehouse and distribution real estate investments, today announced it will release its second quarter 2024 financial results the morning of Wednesday, July 31, 2024. LXP will host its conference call and webcast that same day at 8:30 a.m., Eastern Time to discuss these results. Participants may access the call and webcast by the following: Conference Call: (888) 660-6082 or (929) 201-6604 (International) Conference ID: 1576583Webcast: https://events.q4inc.com/attendee/851567747or visit: https://ir.lxp.com/events-and-presentations/events/default.aspx to access webcast link A telephone replay of the call will be available through October 29, 2024 and via webcast for one year by...

ST. LOUIS, June 27, 2024 (GLOBE NEWSWIRE) — Stifel Financial Corp. (NYSE: SF) today reported selected operating results for May 31, 2024 in an effort to provide timely information to investors on certain key performance metrics. Due to the limited nature of this data, a consistent correlation to earnings should not be assumed. Ronald J. Kruszewski, Chairman and Chief Executive Officer, said, “Recruiting and market appreciation drove a 3% increase in total client and fee-based assets during the month. Cash sorting slowed as client money market and insured product levels were essentially flat. Modest growth in Smart Rate balances essentially offset declines in Sweep balances. We continue to see improvement in the environment for investment banking activity, but the timing of closings for M&A transactions remains difficult to...

SAN JOSE, Calif., June 27, 2024 (GLOBE NEWSWIRE) — As part of its commitment to enhance the quality of life for those it serves, California Water Service Group (Group) has awarded $80,000 in college scholarships to 12 of the best and brightest California, Hawaii, and Washington students for the 2024-25 academic year. This year, Group is investing in the education of students in its service areas who plan to change their communities through their study of everything from artificial intelligence to neuroscience. To date, Group’s College Scholarship Program has provided $760,000 in scholarships. “More than half of these students are the first in their families to attend college, which on its own illustrates great drive and determination,” said Marty Kropelnicki, Cal Water Chairman and CEO. “It is our honor to be able to make some...

INDIANAPOLIS, June 27, 2024 (GLOBE NEWSWIRE) — Kite Realty Group Trust (NYSE: KRG) announced today the release of its annual Corporate Responsibility Report, which provides a comprehensive overview of the Company’s strategy and initiatives regarding environmental, social, and governance (ESG) practices and policies. The report also details progress, measurements, and case studies around each of the Company’s goals and related initiatives. “KRG’s corporate responsibility initiatives demonstrate our ongoing commitment to drive sustainable operations and deliver on our long-term goals and strategies,” said John A. Kite, Chairman and CEO. “Our efforts enhance our portfolio’s performance and enable our team to serve as the most compelling, flexible, and effective link between retailers and consumers, delivering meaningful experiences...

Secures approximately $90 million of excess of loss reinsurance coverage from panel of reinsurers RALEIGH, N.C., June 27, 2024 (GLOBE NEWSWIRE) — Enact Holdings, Inc. (Nasdaq: ACT) (Enact), a leading provider of private mortgage insurance through its insurance subsidiaries, today announced that its flagship legal entity, Enact Mortgage Insurance Corporation, has secured approximately $90 million of additional excess of loss (XOL) reinsurance coverage. This credit risk transfer (CRT) transaction covers a portion of existing mortgage insurance policies written from July 1, 2023 through December 31, 2023 and is effective June 1, 2024. Reinsurance coverage is provided by a panel of reinsurers each currently rated “A-” or better by Standard & Poor’s (“S&P”) and A.M. Best Company, Inc., and rated “A3” or better by Moody’s. “This...

Mr. Mack is the Company’s Current CFO Khalid Islam, PhD, Founder and Chairman of the Board, to serve as Executive Chairman BETHESDA, Md., June 27, 2024 (GLOBE NEWSWIRE) — Gain Therapeutics, Inc. (Nasdaq: GANX) (“Gain”, or the “Company”), a clinical-stage biotechnology company leading the discovery and development of the next generation of allosteric small molecule therapies, today announces that Matthias Alder has departed the Company in order to pursue other opportunities. Upon Mr. Alder’s departure, the Company appointed Gene Mack, the Company’s current Chief Financial Officer, as interim Chief Executive Officer, effective June 25, 2024. Mr. Mack will retain his role as Chief Financial Officer. Khalid Islam, Ph.D., founder and Chairman of the Company’s Board of Directors, will bolster management as Executive Chairman until a...