Day: July 16, 2024

CNH expands capabilities at India Technology Center

Multi-Vehicle Simulator The Multi-Vehicle Simulator in use. The CNH Team at the inauguration (left to right) Mr. Ashish Sharma, Mr. Narinder Mittal, Mr. Friedrich Eichler Mr. Emre Karazli CNH expands capabilities at India Technology Center Basildon, July 16, 2024 CNH continues to sustainably advance the noble work of farmers and builders everywhere, investing in innovative technology to boost our customers’ productivity and profitability. The India Technology Center (ITC) in Gurugram, Northern India is one such example. The latest addition is a first-of-its-kind Multi-Vehicle Simulator (MVS). The MVS enables the team to virtually test and evaluate products before physical prototypes are built. It brings a range of benefits including product validation and employee training. Another significant advantage is delivering greater...

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CIB Marine Bancshares, Inc. Announces Second Quarter 2024 Results

BROOKFIELD, Wis., July 16, 2024 (GLOBE NEWSWIRE) — CIB Marine Bancshares, Inc. (the “Company” or “CIB Marine”) (OTCQX: CIBH), the holding company of CIBM Bank (the “Bank”), announced its unaudited results of operations and financial condition for the quarter and six months ended June 30, 2024. During the quarter, net interest income increased $0.2 million from the prior quarter, the Mortgage Division earned $0.2 million, and CIBM Bank completed a sale-leaseback transaction with a gross purchase price of $6.6 million and a net gain on sale of $4.5 million. Net income for the quarter was $3.8 million, or $2.79 basic and $2.06 diluted earnings per share, compared to $1.2 million, or $0.88 basic and $0.64 diluted earnings per share, for the same period of 2023. Net income for the six months ended June 30, 2024, was $4.0 million, or...

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Zefiro Methane Appoints Wall Street Banking Veteran Catherine Flax to its Board of Directors

Previously the Head of Commodity Derivatives (Americas) at BNP Paribas and CEO of Commodities EMEA of J.P. Morgan, Ms. Flax brings a wealth of experience and knowledge to the Zefiro organization. Named the Most Influential Woman in European Investment Banking (2012), Ms. Flax has worked with other prominent organizations in finance to include the Securities Industry and Financial Markets Association (“SIFMA”) and has been a board member of the Independent System Operator for the New England Transmission grid. FORT LAUDERDALE, Fla., July 16, 2024 (GLOBE NEWSWIRE) — ZEFIRO METHANE CORP. (Cboe Canada: ZEFI) (Frankfurt: Y6B) (the “Company”, “Zefiro”, or “ZEFI”) is pleased to announce the appointment of Catherine Flax to Zefiro’s Board of Directors. With decades of experience in Wall Street banking, Ms. Flax was recognized by Financial...

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Basware chooses Foundry for AI by Rackspace to Simplify Coding of Proprietary Data Integration Processing Language 

The accounts payable automation solutions company proves it can accelerate time to value for customers by 50% with AI LONDON, July 16, 2024 (GLOBE NEWSWIRE) — Rackspace Technology® (NASDAQ: RXT) – the leading end-to-end, hybrid multicloud, and AI solutions company, today announced that Basware, a premier provider of accounts payable (AP) automation solutions, has successfully leveraged AI to enhance its Extract, Transform, Load (ETL) coding process. Basware partnered with Rackspace Technology to experiment with training code-generating language models using Amazon Bedrock and Amazon Web Services (AWS). This enabled Basware to innovate faster for its customers, accelerating time to value. This in turn can enable its customers to focus on their everyday business operations rather than the technology implementation.   Founded in 1985,...

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Share buybacks in Spar Nord Bank – transactions in week 28

Company announcement no. 45 In company announcement no. 10 2024, Spar Nord announced a share buyback programme of up to DKK 500 million. The share buyback was initiated on 12 February 2024. The purpose of the share buyback is to reduce the bank’s share capital by the shares acquired under the programme, and the programme is executed pursuant to Regulation (EU) No 596/2014 of 16 April 2014 (“Market Abuse Regulation”). In last week the following transactions were made under the share buyback programme.   Number of shares Average purchase price (DKK) Transaction value (DKK) Accumulated from last announcement 1,655,000   202,646,980 8 July 2024  10,000  134.28 1,342,800 9 July 2024  10,000  133.75 1,337,500 10 July 2024  9,000  134.58 1,211,220 11 July 2024  9,000  134.99 1,214,910 12 July 2024  9,000  134.84 1,213,560 Total...

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DSV, 1121 – SHARE BUYBACK IN DSV A/S

Company Announcement No. 1121 On 24 April 2024, we initiated a share buyback programme, as described in Company Announcement No. 1104. According to the programme, the company will in the period from 24 April 2024 until 23 July 2024 purchase own shares up to a maximum value of DKK 1,000 million, and no more than 1,700,000 shares, corresponding to 0.79% of the share capital at commencement of the programme. The programme has been implemented in accordance with Regulation No. 596/2014 of the European Parliament and Council of 16 April 2014 (“MAR”) (save for the rules on share buyback programmes set out in MAR article 5) and the Commission Delegated Regulation (EU) 2016/1052, also referred to as the Safe Harbour rules. Trading day Number of shares bought back   Average transaction price   Amount DKK               Accumulated trading...

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AMERICAN SALARS ADOPTS ESG POLICY AHEAD OF DEVELOPMENT OF ITS MULTIPLE LITHIUM BRINE DEPOSITS

VANCOUVER, BC, July 16, 2024 (GLOBE NEWSWIRE) — AMERICAN SALARS LITHIUM INC. (“AMERICAN SALARS” OR THE “COMPANY”) (CSE: USLI, OTC: ASALF, FWB: Z3P, WKN: A3E2NY) announces it has adopted a formal Environmental Social Governance (“ESG”) policy ahead of continued development of its Pocitos 1 Lithium Salar (“Pocitos 1”) and the Candela 2 Lithium Brine Project (“Candela 2”) in Salta Province, Argentina and its Black Rock South Lithium Salar (“Black Rock South”) in Nevada. The ESG policy extends beyond just the corporate offices and project sites; it also encompasses all existing and future operational locations throughout their entire lifecycle. This ensures a comprehensive approach to environmental, social, and governance aspects in all areas of operations. A copy of the new ESG policy can be found on the companys...

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MGA Entertainment and Zapf Creation AG Complete Merger Forming MGA Zapf Creation GmbH

LOS ANGELES, July 16, 2024 (GLOBE NEWSWIRE) — MGA Entertainment and Zapf Creation AG Complete Merger Forming MGA Zapf Creation GmbH LOS ANGELES; 16 July 2024 – MGA Entertainment, Inc. (MGA), one of the largest privately held toy and entertainment companies in the world, today announced that the merger with Zapf Creation AG (Zapf), Europe’s leading manufacturer of nurturing dolls, first announced in October 2023 has been completed, creating the new wholly-owned subsidiary MGA Zapf Creation GmbH. “After more than 20 years working closely as two separate companies, Zapf Creation has joined the MGA family and we welcome them as a part of MGA,” said Isaac Larian, Founder and CEO, MGA Entertainment, Inc. “We look forward to growing both businesses and bringing smiles to children throughout Europe, the U.S., and the rest of the world...

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VAALCO Energy, Inc. Provides Positive Additional Information Regarding Its Acquisition Of Svenska

HOUSTON, July 16, 2024 (GLOBE NEWSWIRE) — VAALCO Energy, Inc. (NYSE: EGY; LSE: EGY) (“VAALCO” or the “Company”) today announces that it has filed a Form 8-K/A with the Securities and Exchange Commission (“SEC”) that provides historical financial statements and additional reserves disclosures regarding its acquisition of Svenska Petroleum Exploration AB (“Svenska”). Key highlights: Updated SEC net proved reserves as of December 31, 2023 of 16.9 million barrels of oil equivalent (“MMBOE”) (93% oil), significantly higher than previous 1P working interest (“WI”) CPR reserves of 13.0 MMBOE (99% oil) as of October 1, 2023; Increased 2P WI CPR reserves as of December 31, 2023 to 22.5 MMBOE (93% oil) from 21.7 MMBOE (97% oil) estimate; and Significant further upside identified from contingent resources at the Baobab field with Best Estimate...

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Intermediate Capital Group plc: Q1 Trading Statement for the three months ended 30 June 2024

ICG plc 16 July 2024 Q1 update for the three months ended 30 June 2024         AUM increases to $101bn     Highlights AUM of $101bn; fee-earning AUM of $70bn; AUM not yet earning fees of $18bn Strong quarter of fundraising, with $4.7bn raised driven by SDP ($2.1bn) and Strategic Equity V ($1.4bn) Elevated transaction activity compared to Q1 FY24, with deployment1 of $3.9bn (Q1 FY24: $1.0bn) and realisations1,2 of $2.5bn (Q1 FY24: $0.6bn) Expectations remain unchanged from our FY24 results Marking a decade of responsible investing at ICG with the publication of our latest Sustainability and People Report, available here Unless otherwise stated the financial results discussed herein are on the basis of alternative performance measures (APM) basis; see full year results1 Direct investment funds; 2 Realisations of fee-earning AUM   ...

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