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Month: August 2024

AgriFORCE Completes Acquisition of Radical Clean Solutions

Strategic acquisition strengthens IP portfolio with the addition of patent-pending technology proven to eliminate pathogens in food production and storage facilities and indoor farms, commercial and industrial applications, hospitals, schools, residential applications and more VANCOUVER, British Columbia, Aug. 28, 2024 (GLOBE NEWSWIRE) — AgriFORCE Growing Systems Ltd. (the “Company”) (NASDAQ: AGRI; AGRIW), an intellectual property (“IP”) focused technology company, announces the closing of the acquisition of the assets of Radical Clean Solutions Limited (“RCS”) for which the Company has held worldwide rights in the agriculture space. The RCS Hydroxyl Technology generates and distributes hydroxyl radicals, highly reactive molecules that target and break down pathogens, virus, mold, volatile organic compounds, and other contaminants...

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Westrock Coffee Company Commences Warrant Exchange Offer and Consent Solicitation

LITTLE ROCK, Ark., Aug. 28, 2024 (GLOBE NEWSWIRE) — Westrock Coffee Company (NASDAQ: WEST) (“Westrock Coffee” or the “Company”), a leading integrated coffee, tea, flavors, extracts, and ingredients solutions provider in the United States, today announced that it has commenced an exchange offer (the “Offer”) and consent solicitation (the “Consent Solicitation”) relating to its outstanding (i) public warrants to purchase shares of common stock of the Company, par value $0.01 per share (“common shares”), which warrants trade on The Nasdaq Global Market under the symbol “WESTW” (the “public warrants”), and (ii) private placement warrants to purchase common shares (the “private placement warrants” and, together with the public warrants, the “warrants”). The purpose of the Offer and Consent Solicitation is to simplify the Company’s capital...

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Data Center Colocation Market to Reach USD 195.09 Billion by 2031 | SkyQuest Technology

Westford, USA, Aug. 28, 2024 (GLOBE NEWSWIRE) — SkyQuest projects that the Global Data Center Colocation Market will reach a value of USD 195.09 Billion by 2031, with a CAGR of 15.3% during the forecast period (2024-2031). The growing demand for IT infrastructure required by businesses has surged over the past few years. Today, companies are highly dependent on data, leading to increased implementation of cloud services. Colocation data centers have allowed fast scaling of IT needs of companies. In addition, growing prices of keeping and maintenance of data centers for businesses to produce varying data quantities are significantly impacting the market growth. Download a detailed overview: https://www.skyquestt.com/sample-request/data-center-colocation-market Browse in-depth TOC on the “Data Center Colocation Market”Pages...

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Abercrombie & Fitch Co. Reports Second Quarter Fiscal 2024 Results

Record second quarter net sales of $1.1 billion, up 21% from last year with comparable sales growth of 18% Broad-based net sales growth across regions and brands, with Abercrombie brands growth of 26% and Hollister brands accelerating to growth of 17% Operating margin expands 590 basis points to 15.5%, with record second quarter operating income of $176 million Further strengthened balance sheet with redemption of all its outstanding 8.75% senior secured notes and amendment and extension of ABL Facility resulting in liquidity of $1.2 billion Increases full year outlook to net sales growth of 12% to 13%, and operating margin in the range of 14% to 15%NEW ALBANY, Ohio, Aug. 28, 2024 (GLOBE NEWSWIRE) — Abercrombie & Fitch Co. (NYSE: ANF) today announced results for the second quarter ended August 3, 2024. These compare to...

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Intra-Cellular Therapies to Present at Three Upcoming Investor Conferences

NEW YORK, Aug. 28, 2024 (GLOBE NEWSWIRE) — Intra-Cellular Therapies, Inc. (Nasdaq: ITCI), a biopharmaceutical company focused on the development and commercialization of therapeutics for central nervous system (CNS) disorders, today announced that Sharon Mates, Ph.D., Chief Executive Officer and Chairman, is scheduled to present at three upcoming investor conferences: Morgan Stanley 22nd Annual Global Healthcare ConferenceWednesday, September 4, 2024 at 10:00 a.m. ET in New York, NY Baird’s 2024 Global Healthcare ConferenceWednesday, September 11, 2024 at 11:25 a.m. ET in New York, NY 2024 Cantor Global Healthcare ConferenceWednesday, September 18, 2024 at 10:55 a.m. ET in New York, NY A live and achieved webcast of the presentations can be accessed under “Events & Presentations” in the Investors section of the...

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Alignment Healthcare to Present at Baird Global Healthcare Conference

ORANGE, Calif., Aug. 28, 2024 (GLOBE NEWSWIRE) — Alignment Healthcare, Inc. (NASDAQ: ALHC), today announced that John Kao, founder and CEO, and Thomas Freeman, chief financial officer, will present at the Baird Global Healthcare Conference in New York on Wednesday, Sept. 11, at 12:15 p.m. EDT. A webcast and replay of the presentation will be available on Alignment’s investor relations website at https://ir.alignmenthealth.com/. About Alignment HealthcareAlignment Health is championing a new path in senior care that empowers members to age well and live their most vibrant lives. A consumer brand name of Alignment Healthcare (NASDAQ: ALHC), Alignment Health offers more than 50 benefits-rich, value-driven Medicare Advantage plans that serve 53 counties across six states. The company partners with nationally recognized and trusted...

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CF Energy Announces Q2 and 1H Result of 2024

TORONTO, Aug. 28, 2024 (GLOBE NEWSWIRE) — CF Energy Corp. (TSX-V: CFY) (“CF Energy” or the “Company”, together with its subsidiaries, the “Group”), an energy provider in the People’s Republic of China (the ”PRC” or “China”), announces that the Company has filed its unaudited condensed interim consolidated financial results for the three-month and six-month periods ended June 30, 2024 (“Q2 2024 and 1H 2024” respectively).   Q2 2024 financial highlights Continuing Operations                  In millions Q2 2024   Q2 2023   Change   %   Q2 2024   Q2 2023   Change    (except for % figures) RMB   RMB   RMB     CAD   CAD   CAD    Continuing Operations                Revenue 101.3   109.3   (8.0 ) -7 % 19.1   21.3   (2.2 )  Gross Profit 15.6   33.5   (17.9 ) -53 % 2.9   6.5   (3.6 )  Gross Profit Margin 15.4 % 30.6 % -15.2 %          Net...

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Parsons to Present at the Jefferies Industrials Conference

CHANTILLY, Va., Aug. 28, 2024 (GLOBE NEWSWIRE) — Parsons Corporation (NYSE: PSN) will present at the Jefferies Industrials Conference. Carey Smith, chair, president, and chief executive officer, and Matt Ofilos, chief financial officer, will participate in a fireside chat question and answer session on Wednesday, September 4, 2024, at approximately 9:50 a.m. Eastern Time. This presentation will be available live via webcast on the investor relations section of Parsons’ website (https://investors.parsons.com/). A replay of the webcast also will be available on the website for 30 days. About ParsonsParsons (NYSE: PSN) is a leading disruptive technology provider in the national security and global infrastructure markets, with capabilities across cyber and intelligence, space and missile defense, transportation, environmental remediation,...

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KANZHUN LIMITED Announces Second Quarter 2024 Financial Results

BEIJING, Aug. 28, 2024 (GLOBE NEWSWIRE) — KANZHUN LIMITED (“BOSS Zhipin” or the “Company”) (Nasdaq: BZ; HKEX: 2076), a leading online recruitment platform in China, today announced its unaudited financial results for the quarter ended June 30, 2024. Second Quarter 2024 HighlightsRevenues for the second quarter of 2024 were RMB1,916.7 million (US$263.8 million), an increase of 28.8% from RMB1,487.6 million for the same quarter of 2023. Calculated cash billings1 for the second quarter of 2024 were RMB1,950.7 million (US$268.4 million), an increase of 20.5% from RMB1,619.5 million for the same quarter of 2023. Average monthly active users2 for the second quarter of 2024 were 54.6 million, an increase of 25.2% from 43.6 million for the same quarter of 2023. Total paid enterprise customers3 in the twelve months ended June 30, 2024...

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The Supreme Administrative Court has rejected Sanoma’s application for a permission to appeal the VAT treatment related to the distribution of certain magazines at Media Finland

Sanoma Corporation, Press Release, 28 August 2024 at 14:00 EET The Supreme Administrative Court has rejected Sanoma’s application for a permission to appeal the VAT treatment related to the distribution of certain magazines at Media Finland The Supreme Administrative Court has rejected Sanoma’s application for a permission to appeal the administrative court’s decision regarding the value added tax (VAT) payment decision given by the Finnish Tax Adjustment Board related to the tax audits at Sanoma Media Finland Oy for years 2015–2018. Thus, the Supreme Administrative Court will not give a resolution to the company’s appeal. Based to the Supreme Administrative Court’s decision the administrative court’s negative decision will hold. The decision has no impact on Sanoma’s financials or free cash flow, as the VAT claims have been paid in 2021–2022...

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