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Month: August 2024

Toll Brothers Apartment Living and The Davis Companies Announce the Grand Opening of Whitlow, a New Luxury Apartment Community in Lewisville, Texas

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...

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Update: U.S. Insurance Industry Begins to See Surplus Recovery, Boosted by First Half Capital Gains and Signs of U.S. Property and Casualty Firms Inching Towards Stabilization

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...

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NewHydrogen Reports Progress in Developing Cost-Effective Green Hydrogen Technology

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...

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Freddie Mac Multifamily Announces Lease Standards Policy Framework

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....

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Smart for Life to Attend the Newtopia Now 2024 Conference in Colorado

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...

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Middlefield Canadian Income PCC – Compliance with Market Abuse Regulation Statement

28 August 2024 Middlefield Canadian Income PCC (the “Company”)Including Middlefield Canadian Income – GBP PC (the “Fund”), a cell of the CompanyRegistered No:  93546Legal Entity Identifier: 2138007ENW3JEJXC8658 Compliance with Market Abuse Regulation The Board of the Company announces that it is satisfied that any inside information which the Directors and the Company or Fund may have in the period leading up to the announcement of the interim financial results for the six months ended 30 June 2024 has been announced to the market. The Company is therefore not prohibited from repurchasing its own or the Fund’s shares during the period prior to the release of its interim financial results. The Board anticipates that the interim financial results will be announced to the market on or around 20 September 2024. If, prior to the...

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Toll Brothers Announces Steeple Run Community Now Open in Quakertown, Pennsylvania

QUAKERTOWN, Pa., Aug. 28, 2024 (GLOBE NEWSWIRE) — Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, today announced the opening of Steeple Run, an exceptional new community of single-family homes in Quakertown, Pennsylvania. The Sales Center and model home are located at 1400 Mill Race Drive in Quakertown. Toll Brothers home buyers will choose from a sophisticated selection of two-story, single-family home designs priced from the low $600,000s. Modern home designs in Steeple Run range in size from 2,121 to 2,776+ square feet with basements and open-concept floor plans. The homes offer 4 bedrooms, 2.5 to 3.5 baths, and 2-car garages, distinctive architecture, and an array of personalization options. Home buyers who choose to purchase a build-to-order home will experience one-stop shopping at the Toll...

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Umicore: Transparency notifications by JP Morgan Chase & Co.

Umicore: Transparency notifications by JP Morgan Chase & Co. In accordance with article 14, § 1 of the law of 2 May 2007 on disclosure of major holdings, JP Morgan Chase & Co. has notified Umicore:on 23 August that JPM Securities PLC crossed the statutory threshold of 3% for direct voting rights and equivalent financial instruments upwards on 21 August  2024. The total holding of direct voting rights and equivalent financial instruments of JP Morgan Chase & Co. (JPM Securities PLC, JP Morgan Securities LLC and JPM Morgan Structured Product BV) stood at 3.23%. on 26 August that JP Morgan Securities PLC crossed the statutory threshold of 3% for direct voting rights and equivalent financial instruments downwards on 22 August 2024. The total holding of direct voting rights and equivalent financial instruments of JP Morgan...

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Middlefield Canadian Income PCC – Transaction in Own Shares

Middlefield Canadian Income PCC (the “Company”)Including Middlefield Canadian Income – GBP PC (the “Fund”), a cell of the CompanyRegistered No:  93546Legal Entity Identifier: 2138007ENW3JEJXC8658 28 August 2024 Purchase of Redeemable Participating Preference Shares into Treasury The Company announces that it purchased today for cash 20,000 redeemable participating preference shares each of no par value in the Fund, a cell of the Company. The shares were purchased at a price per share of 107.5 pence. The shares will be held in treasury. Voting Rights and Capital Following this transaction, the Fund’s total issued share capital is 124,682,250 redeemable participating preference shares, of which 18,215,000 shares are held in treasury. Accordingly, the number of shares with voting rights in issue is 106,467,250. This figure may...

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Groundworks® Extends Seattle Presence with the Acquisition of Rainy Day

North America’s leader in foundation and water management solutions acquires second Seattle area company this year VIRGINIA BEACH, Va., Aug. 28, 2024 (GLOBE NEWSWIRE) — Groundworks®, North America’s leading foundation and water management solutions company, today announced its acquisition of Arlington, WA, based Rainy Day Basement Systems. This is the second Seattle area company that Groundworks has acquired this year, marking its continued expansion in the Pacific Northwest. “Homeowners in the Pacific Northwest are no strangers to rainy conditions that can impact their homes. By strategically aligning with the experts at Rainy Day, we can serve a greater number of western Washington homeowners with solutions that will protect their biggest investment,” said Matt Malone, founder & CEO of Groundworks. “We are also eager to...

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