Day: August 28, 2024

SAULT STE. MARIE, Ontario, Aug. 28, 2024 (GLOBE NEWSWIRE) — Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or “the Company”), a leading Canadian producer of hot and cold rolled steel sheet and plate products, today congratulates PUC (Transmission) LP (“PUC Transmission”) and Hydro One Sault Ste. Marie LP (“Hydro One”) on each obtaining authorization pursuant to the Ontario Energy Board Act to construct a new 230kV transmission line and related transformation components in Sault Ste. Marie. The combined local transmission project improves the city’s access to Hydro One’s planned regional grid infrastructure upgrade as previously prioritized by the Province of Ontario. “This milestone marks a significant advancement in enhancing Sault Ste. Marie’s power infrastructure, which is vital for supporting sustainable economic...

WASHINGTON, Aug. 28, 2024 (GLOBE NEWSWIRE) — 60 Degrees Pharmaceuticals, Inc. (NASDAQ: SXTP; SXTPW) (“60P” or the “Company”), a pharmaceutical company focused on developing new medicines for infectious diseases, announced today that on August 26, 2024 it received written notice from the Listing Qualifications Staff of the Nasdaq Stock Market LLC (“Nasdaq”) stating that the Company has regained compliance with the minimum bid price requirement (the “Minimum Bid Price Requirement”), as set forth in Nasdaq Listing Rule 5550(a)(2) for continued listing on The Nasdaq Capital Market. The Company had been notified by Nasdaq on February 27, 2024 that it was not in compliance with the Minimum Bid Price Requirement because its common stock had failed to maintain a minimum bid price of $1.00 for 30 consecutive business days. In order to regain...

MINNETONKA, Minn., Aug. 28, 2024 (GLOBE NEWSWIRE) —  Table Trac, Inc. (OTCQX: TBTC) today announced they have published a case study outlining tremendous results brought about by their strategic partnership with TransAct Technologies. The solution, SlotSUITE, a purpose-built software solution, unleashes the Unified flexibility of CasinoTrac CMS and the dynamic marketing capabilities of the Epicentral SE promotional and bonusing suite, operating on the CasinoTrac’s PlayerLINQ network – without additional infrastructure and often with existing peripheral equipment. The Case Study explains customer-requested features to address VIP players avoiding promotions because of arduous manual tasks, required for participation.  Throughout the six-month period, nearly one million dynamic entries were printed and the ancillary metrics surged;...

The 420-unit apartment community brings modern luxury living to Old Town Lewisville LEWISVILLE, Texas, Aug. 28, 2024 (GLOBE NEWSWIRE) — Toll Brothers Apartment Living, the rental subsidiary of Toll Brothers, Inc. (NYSE: TOL), the nation’s leading builder of luxury homes, and joint venture partner The Davis Companies (Davis), announce the grand opening of Whitlow, a new four-story luxury apartment community in Lewisville, Texas. Financed with a construction loan from Citizens Bank, Whitlow commenced construction in 2021 and welcomed its first residents in February 2024. The community recently celebrated its grand opening with a ribbon cutting ceremony with project partners, as well as current and future residents. “We are excited to introduce Whitlow to the charming community of Lewisville,” said John McCullough, President of Toll...

Verisk & APCIA report that capital gains helped fuel surplus recovery and offset industry losses, amidst inflation impacts and natural catastrophe events JERSEY CITY, N.J., Aug. 28, 2024 (GLOBE NEWSWIRE) — Verisk (Nasdaq: VRSK), a leading global data analytics and technology provider, and The American Property Casualty Insurance Association (APCIA), the primary national trade association for home, auto and business insurers, today reported that half-year 2024 gains for the insurance industry are estimated to be $95 billion. Adjusting for over $50 billion in capital gains realized by one insurer, first half 2024 gains are estimated to be approximately $45 billion. According to key financial indicators for private U.S. property/casualty insurers, while the first half of 2024 experienced similar losses for insurers as those seen...

Collaboration with UC Santa Barbara marks key progress in reducing hydrogen production costs with innovative ThermoLoop™ technology SANTA CLARITA, Calif., Aug. 28, 2024 (GLOBE NEWSWIRE) — NewHydrogen, Inc. (OTCMKTS:NEWH), provided an update on its breakthrough ThermoLoop™ technology, which uses water and heat rather than electricity to produce the world’s cheapest green hydrogen. The company shared progress on its collaboration with the University of California Santa Barbara (UCSB) in developing ThermoLoopTM. The prevailing method for producing green hydrogen is to split water into oxygen and hydrogen with an electrolyzer using green electricity produced from solar or wind, which is expensive and contributes approximately 73% of the total production cost. “In collaboration with UC Santa Barbara’s world class research...

Tenant Protections Announced in July to Take Effect February 2025 MCLEAN, Va., Aug. 28, 2024 (GLOBE NEWSWIRE) — Freddie Mac (OTCQB: FMCC) Multifamily today published an overview of its policy framework to require minimum lease standards at multifamily properties with a new enterprise-backed loan. Announced by the Federal Housing Finance Agency (FHFA) in July, the lease standards require a 5-day grace period for rent payments, a 30-day notice for rent increases and a 30-day notice of a lease expiration. The policy will apply to new loans under application beginning in February of 2025. The policy framework, which was published jointly by both Freddie Mac and Fannie Mae on their respective websites today, includes an overview of implementation, monitoring and enforcement provisions. The Enterprises also published identical FAQ documents....

Company Representatives to Explore Collaboration Opportunities at the Launch of the Industry’s Latest Premier Health & Wellness Event MIAMI, Aug. 28, 2024 (GLOBE NEWSWIRE) — Smart for Life, Inc. (Nasdaq: SMFL) (“Smart for Life” or the “Company”), a distinguished leader in the Health & Wellness sector specializing in the marketing and manufacturing of nutritional supplements and foods, today announced its participation in the launch of the Newtopia Now 2024 Conference, scheduled to take place from August 25th to 28th at the newly expanded convention center in Denver, Colorado. Newtopia Now is a new kind of B2B trade event where brands and buyers connect in new ways and are empowered to co-create the next era of purpose-led CPG and retail through a deeper level of engagement. From curated, elevated matchmaking to interactive...