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Day: June 27, 2024

Groundworks® Enters Pacific Northwest by Acquiring Matvey Foundation Repair, Inc. in Seattle

Nation’s Leading Foundation and Water Management Solutions Company Acquires Washington-Based Expert in Foundation Repair and Concrete Leveling VIRGINIA BEACH, Va., June 27, 2024 (GLOBE NEWSWIRE) — Groundworks®, the nation’s leading foundation and water management solutions company, today announced its expansion into the state of Washington with the acquisition of Seattle-based Matvey Foundation Repair, Inc. This represents the first Groundworks location in the Pacific Northwest, and its second new location on the West Coast this week – following its expansion into Southern California on June 24. “Groundworks is continuing our strategic west coast expansion with the acquisition of Matvey Foundation Repair,” said Matt Malone, founder & CEO of Groundworks. “Matvey Foundation Repair is an elite addition to the company and enables...

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BlockQuarry Corp. Announces Strategic Partnership with Hawkeye Industrial Services to Lead AI Computing Transformation

Collaborative Effort Focuses on Advancing AI Operations and Localized Data Processing Solutions HOUSTON, June 27, 2024 (GLOBE NEWSWIRE) — via IBN — BlockQuarry Corp. (OTC: BLQC), a leading Texas-based energy and infrastructure company, today announced a transformative strategic partnership with Hawkeye Industrial Services. This collaboration will convert the Missouri data processing site into a state-of-the-art artificial intelligence (AI) computing facility, poised to lead the industry in high-performance AI operations and localized data processing solutions. Strategic Vision and Market Opportunity In an era where AI and high-performance computing (HPC) are rapidly evolving, this partnership positions BlockQuarry and Hawkeye Industrial Services at the forefront of technological innovation. The global AI market, with a projected...

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The 30-Year Fixed-Rate Mortgage Continues its Downward Trend

Primary Mortgage Market Survey®U.S. weekly average mortgage rates as of 06/27/2024MCLEAN, Va., June 27, 2024 (GLOBE NEWSWIRE) — Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing the 30-year fixed-rate mortgage (FRM) averaged 6.86 percent. “The 30-year fixed-rate mortgage continues to trend down, hitting the lowest level in almost three months,” said Sam Khater, Freddie Mac’s Chief Economist. “By historical standards, the economy is in good shape, and we expect rates to continue to come down over the summer months, bringing additional homebuyers back into the market.” News FactsThe 30-year FRM averaged 6.86 percent as of June 27, 2024, down from last week when it averaged 6.87 percent. A year ago at this time, the 30-year FRM averaged 6.71 percent. The 15-year...

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IPG Further Unifies Data, Engineering, and Tech

KINESSO Global CEO Jarrod Martin Adds Acxiom Oversight to his Remit, Salesforce Specialist RafterOne Aligned with AcxiomJarrod MartinJarrod Martin, Global CEO of KINESSONew York, NY, June 27, 2024 (GLOBE NEWSWIRE) — Interpublic Group (NYSE: IPG) announced today that it has further unified its data, engineering, martech and adtech technology resources, as Jarrod Martin, current Global CEO of KINESSO, adds oversight of Acxiom, IPG’s data, identity resolution, and marketing cloud services unit to his remit. The move fully aligns the teams responsible for the engineering behind IPG’s integrated marketing engine, which is the company’s single operating system that connects data, media, creative, production, and commerce. For the engine, Acxiom data and technology ensure that brands can deliver personalized and engaging customer...

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HashiCorp 2024 State of Cloud Strategy Survey shows the path to cloud success requires platform engineering capabilities

Only 8% of organizations are fully realizing the business benefits of their cloud investments with standardized shared services SAN FRANCISCO, June 27, 2024 (GLOBE NEWSWIRE) — HashiCorp, Inc. (NASDAQ: HCP), The Infrastructure Cloud™ company, today released its 2024 State of Cloud Strategy Survey. As organizations continue building their cloud programs by adopting lifecycle management for infrastructure and security, survey results show that despite this momentum only 8% of organizations qualify as having highly mature cloud programs. “This year’s State of Cloud Strategy Survey focused on the impact cloud maturity, defined as adopting, standardizing, and scaling key practices across the entire organization. The results show that the majority of organizations struggle to deliver cloud programs resulting in positive business...

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Extension of the powers of a member of the Management Board of OÜ TS Shipping – a subsidiary of AS Tallinna Sadam

The supervisory board of AS Tallinna Sadam’s subsidiary OÜ TS Shipping (hereinafter: “TS Shipping”) extended powers of Damir Utorov as a member of the Management Board for three years starting from 06.07.2024. Damir joined TS Shipping in May 2013 as the head of chartering department. Damir became member of the Management Board of TS Shipping in July 2023. Damir has obtained maritime and ship management professional education at the St. Petersburg`s State Maritime Academy in 2006. He has worked as a chief mate in international shipping companies, participating in several offshore projects. Damir Utorov is holding no shares of Tallinna Sadam. Valdo Kalm, the chairman of the supervisory board of TS Shipping, acknowledges Damir Utorov for his contribution to the year-round chartering of the multi-functional icebreaker...

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New Board of RADAS, UAB

On June 27, 2024, MAXIMA GRUPĖ, UAB adopted the decision to reduce the number of members of the Board of its subsidiary RADAS, UAB from five to three, and, accordingly, appointed for a new term of office of four years the new members of the Board Povilas Šulys, CEO of RADAS, UAB Jolanta Bivainytė, CEO of MAXIMA LT, UAB  and Šarūnas Savičianskas, CTO of RADAS, UAB. The revoked Board of RADAS, UAB consisted of Manfredas Dargužis, MAXIMA GRUPĖ, UAB, Asta Juodeškaitė, Head of HR of RADAS, UAB, Povilas Šulys, and Šarūnas Savičianskas. Additional Information MAXIMA GRUPĖ, UAB  manages retail chains “Maxima” (in the Baltic countries), “Stokrotka” (in Poland), “T Market” (in Bulgaria), and the online food store “Barbora,” operating in the Baltic countries. MAXIMA GRUPĖ, UAB  is part of the “Vilniaus...

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CloudMD Securityholders Approve Go-Private Transaction with CPS Capital

TORONTO, June 27, 2024 (GLOBE NEWSWIRE) — CloudMD Software & Services Inc. (TSXV: DOC, Frankfurt: 6PH) (the “Company” or “CloudMD”), an innovative health services company transforming the delivery of care, is pleased to announce that its securityholders approved the special resolution authorizing the previously announced plan of arrangement (the “Arrangement”) with CPS Capital (through an affiliate) (the “Purchaser”). Pursuant to the Arrangement, the Purchaser will, among other things, acquire all of the issued and outstanding common shares of CloudMD (“Shares”). Each CloudMD shareholder (each, a “Shareholder”) will receive C$0.04 in cash for each Share held. The special resolution approving the Arrangement was approved by (i) 69.68% of the votes cast by Shareholders present in person (virtually) or represented by proxy and...

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Pfizer and BioNTech Receive Positive CHMP Opinion for Omicron JN.1-adapted COVID-19 Vaccine in the European Union  

The updated COVID-19 vaccine is tailored to the Omicron JN.1 lineage of SARS-CoV-2 and is recommended for individuals 6 months of age and older Recommendation is based on pre-clinical and epidemiological data showing that the JN.1-adapted monovalent COVID-19 vaccine generates an improved immune response against multiple JN.1 sublineages Doses will be ready to ship to applicable EU member states immediately upon authorization by the European CommissionNEW YORK and MAINZ, Germany, June 27, 2024 — Pfizer Inc. (NYSE: PFE, “Pfizer”) and BioNTech SE (Nasdaq: BNTX, “BioNTech”) today announced that the Committee for Medicinal Products for Human Use (CHMP) of the European Medicines Agency (EMA) has recommended marketing authorization for the companies’ Omicron JN.1-adapted monovalent COVID-19 vaccine (COMIRNATY® JN.1) for active immunization...

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Agile Underwriting Solutions Inc. acquires Owl First dive LLP

Agile expands its footprint with acquisition in BC Dartmouth, NS, June 27, 2024 (GLOBE NEWSWIRE) — Agile Underwriting Solutions Inc. has announced that it acquired Owl First Dive LLP (First Dive), a managing general agency specializing in scuba diving insurance. The acquisition, effective June 24, marks a significant milestone for Agile as it expands its portfolio of insurance offerings to better serve the needs of the growing scuba diving community. Based in Vancouver, BC, First Dive is renowned as a leading multinational scuba insurance program. With a comprehensive range of insurance products tailored for the Recreational Scuba Diving Industry, First Dive provides extensive coverage for individuals, dive charter companies, and resorts. Brett Graham, President of Agile, expressed his enthusiasm for the partnership, stating, “I’m...

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