Day: September 12, 2024

AssetMark Launches Morningstar Wealth Investment Strategies for Financial Advisors

Written by Customer Service on September 12, 2024. Posted in Public Companies.

A suite of new strategies added to AssetMark platform to help advisors serve their clients. CONCORD, Calif., Sept. 12, 2024 (GLOBE NEWSWIRE) — AssetMark, a leading provider of wealth management and technology solutions for financial advisors, announced the addition of Morningstar Wealth, a division of independent investing insights firm Morningstar, as a third-party strategist on the AssetMark Platform. This launch will enable financial advisors currently working with AssetMark to access a wide range of model portfolios and separately managed accounts (“SMAs”) from the Morningstar Investment Management team which has approximately $316 billion of assets under management and advisement (“AUMA”) globally. Today’s addition of the Morningstar Wealth strategies marks a further step in the firms’ strategic collaboration. As announced...

CBL International Limited Announces 1H 2024 Interim Financial Results Highlighted by 44% Revenue Growth

Written by Customer Service on September 12, 2024. Posted in Earnings Releases And Operating Results.

CBL INTERNATIONAL LIMITED(Incorporated in Cayman Islands with limited liabilities)(NASDAQ: BANL) KUALA LUMPUR, Malaysia, Sept. 12, 2024 (GLOBE NEWSWIRE) — CBL International Limited (NASDAQ: BANL) (the “Company” or “CBL”), the listing vehicle of Banle Group (“Banle” or “the Group”), a leading marine fuel logistic company in the Asia-Pacific region, today announced its unaudited financial results for the six months ended June 30, 2024. Financial Highlights:Revenue: Consolidated revenue for 1H 2024 increased by 44.4% to approximately $277.23 million, compared to $191.96 million in the same period in 2023. This significant growth was driven by a 39.4% year-over-year increase in sales volume, attributed to the expansion of the Company’s global supply network and higher marine fuel demand due to geopolitical factors. Gross Profit:...

Rackspace Technology Works with CAS to Accelerates Scientific Breakthroughs by Modernizing its OpenStack Private Cloud, Achieving Cost Savings, System Optimization, and Consistency

Written by Customer Service on September 12, 2024. Posted in Public Companies.

CAS leverages upgraded mission-critical private cloud environment to support cutting-edge, lifesaving, chemistry-related, and life-science research SAN ANTONIO, Sept. 12, 2024 (GLOBE NEWSWIRE) — Rackspace Technology® (NASDAQ: RXT), a leading hybrid, multicloud, and AI technology services company, today announced working with CAS, a division of the American Chemical Society, to accelerate its scientific knowledge management breakthroughs by modernizing its OpenStack® Private Cloud. The mission-critical private cloud environment supports CAS in providing scientific innovators with access to cutting-edge, lifesaving, chemistry-related, and life-science research. As a leader in science information, CAS connects the world’s scientific knowledge to accelerate breakthroughs that improve lives. Established as a volunteer effort in...

Digital Pathology Market to Surpass USD 2067.36 Million by 2031, Witnessing 7.8% CAGR Growth | SkyQuest Technology

Written by Customer Service on September 12, 2024. Posted in Mergers And Acquisitions.

Westford, USA, Sept. 12, 2024 (GLOBE NEWSWIRE) — SkyQuest projects that the Global Digital Pathology Market will reach a value of USD 2067.36 Billion by 2031, with a CAGR of 7.8% during the forecast period (2024-2031). Due to the increasing number of cancer cases, there is more focus on improving work efficiency while quick diagnostic tools are becoming a necessity. Additionally, the market is growing due to rising investments in healthcare, which are supported by major players in the industry that concentrate on new launches, growing telepathology adoption, and a growing emphasis on precision medicine and drug discovery. The market for digital pathology solutions is being driven by the increasing adoption of healthcare IT solutions. Get a Free Sample Research Report:https://www.skyquestt.com/sample-request/digital-pathology-marketDigital...

Gold Rock Holdings, Inc.’s (GRHI) K-Project Division Secures AI-Powered Contract for Real-Time Translation Services

Written by Customer Service on September 12, 2024. Posted in Public Companies.

Gold Rock Holdings, Inc.’s (GRHI) K-Project Division Secures AI-Powered Contract for Real-Time Translation Services

SAP Completes Acquisition of WalkMe

Written by Customer Service on September 12, 2024. Posted in Mergers And Acquisitions.

WALLDORF, Sept. 12, 2024 (GLOBE NEWSWIRE) — SAP SE (NYSE: SAP) today announced it has successfully completed its acquisition of WalkMe Ltd., a leading digital adoption platform company listed on the Nasdaq Global Select Market (NASDAQ: WKME). WalkMe’s innovative technology enables seamless workflow execution across business software applications, improving user experience and adoption and supporting business transformation. WalkeMeX’s AI capabilities will supercharge SAP’s copilot Joule with context-aware and proactive help across workflows, allowing users to become more productive. As a result of the acquisition, each ordinary issued and outstanding share of WalkMe Ltd. has been converted into the right for its shareholders to receive US$14.00, subject to adjustment, per share in cash. The completion of the acquisition...

Edible Garden USDA Organic Herb Product Line Now Available at Green’s Natural Foods and The Extra Supermarket Locations

Written by Customer Service on September 12, 2024. Posted in Public Companies.

BELVIDERE, NJ, Sept. 12, 2024 (GLOBE NEWSWIRE) — Edible Garden AG Incorporated (“Edible Garden” or the “Company”) (Nasdaq: EDBL, EDBLW), a leader in controlled environment agriculture (CEA), locally grown, organic, sustainable produce and products, today announced that its USDA Organic herb product line is now available at Green’s Natural Foods and The Extra Supermarket in New York and New Jersey.Green’s Natural Foods and The Extra Supermarkets are retailers designed to meet the unique needs of their diverse customer bases. Green’s is renowned for its commitment to health, featuring 100% organic produce, all-natural Non-GMO groceries, and bulk foods. Each store is a haven for wellness enthusiasts, boasting an organic juice and smoothie bar and a fresh foods department with convenient grab-and-go options. Additionally,...

Summit State Bank Declares Quarterly Cash Dividend

Written by Customer Service on September 12, 2024. Posted in Public Companies.

SANTA ROSA, Calif., Sept. 12, 2024 (GLOBE NEWSWIRE) — Summit State Bank’s (the “Bank”) (Nasdaq: SSBI) Board of Directors declared the Bank’s eighty third consecutive quarterly cash dividend to common shareholders for $0.04 per share on September 11, 2024. The dividend will be paid on October 10, 2024, to shareholders of record on October 3, 2024. “The current rate environment, and its impact on earnings, led to our decision to reduce the quarterly cash dividend. The dividend reduction reflects the Bank’s deliberate approach to build capital,” said Brian Reed, President and CEO. “We recognize the importance and impact of the dividend reduction on all of our shareholders, and it was not made lightly. This reduction will improve capital ratios, increase liquidity and allow the Bank to be better positioned to create long-term value...

HeartSciences Closes Non-Dilutive Financing to Increase its Cash Runaway Ahead of Upcoming FDA Submission

Written by Customer Service on September 12, 2024. Posted in Public Companies.

Southlake, TX, Sept. 12, 2024 (GLOBE NEWSWIRE) — Heart Test Laboratories, Inc. d/b/a HeartSciences (NASDAQ: HSCS; HSCSW) (“HeartSciences” or the “Company”), an artificial intelligence (AI)-powered medical technology company focused on transforming ECGs/EKGs to save lives through earlier detection of heart disease, today announced the close of a non-dilutive financing, with $1.9 million in net proceeds. The unsecured loan note has an 18-month maturity date and follows the recent 12-month extension of a $500,000 loan note to September 2025. Andrew Simpson, CEO of HeartSciences, said, “We have extended our capital runway by $2.4 million since late August ahead of our upcoming FDA submissions. This has been achieved with non-dilutive capital and provides significant opportunity for HeartSciences to hit a number of valuable commercial...

Grayscale Investments® Launches Grayscale® XRP Trust

Written by Customer Service on September 12, 2024. Posted in Public Companies.

Firm remains committed to providing clients with convenient, familiar access to crypto investment opportunities as markets continue to evolve STAMFORD, Conn., Sept. 12, 2024 (GLOBE NEWSWIRE) — Grayscale Investments®, an asset management firm with expertise in crypto investing, offering more than 20 crypto investment products, today announced the creation and public launch of Grayscale® XRP Trust (“the Trust”). The Trust offers investors the opportunity to gain exposure to XRP, the token powering the XRP Ledger (XRPL), a distributed, peer-to-peer network created to facilitate cross-border financial transactions. “We believe Grayscale XRP Trust gives investors exposure to a protocol with an important real-world use case,” said Grayscale’s Head of Product & Research, Rayhaneh Sharif-Askary. “By facilitating cross-border...

Day: September 12, 2024

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