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Day: November 25, 2024

STEALTHGAS INC. Reports Third Quarter And Nine Months 2024 Financial And Operating Results

ATHENS, Greece, Nov. 25, 2024 (GLOBE NEWSWIRE) — STEALTHGAS INC. (NASDAQ: GASS), a ship-owning company serving the liquefied petroleum gas (LPG) sector of the international shipping industry, announced today its unaudited financial and operating results for the third quarter and nine months ended September 30, 2024. OPERATIONAL AND FINANCIAL HIGHLIGHTSAll-time record Net Income of $55.7 million for the nine months of 2024, a 29.3% increase compared to the same period last year. Strong profitability continued for the third quarter, with Net income of $12.1 million corresponding to a basic EPS of $0.33. Revenues increased by 16.7% compared to the same period of last year to $40.4 million for the third quarter of 2024, despite a decrease in utilization mainly due to four vessels undergoing drydock during the third quarter of 2024...

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Founder Group Expands Southeast Asia Presence With Proposed Acquisition of Vietnam-Based Renewable Energy Company

KUALA LUMPUR, Malaysia, Nov. 25, 2024 (GLOBE NEWSWIRE) —  Founder Group Limited (NASDAQ: FGL) (“Founder Group” or the “Company”), a leading engineering, procurement, construction, and commissioning (EPCC) solutions provider for solar photovoltaic systems in Malaysia, is pleased to announce its proposed acquisition of a majority stake in VES 1 Joint Stock Company (“VES1”), a subsidiary of VES Joint Stock Company (“VES”). VES is a pioneer in renewable energy in Vietnam, specializing in solar and wind power solutions, while VES1 focuses on developing solar energy projects across the country. Under the terms of the proposed acquisition, Founder Group will acquire approximately 80% of the shares in VES1. VES1 is actively involved in several solar energy projects in Vietnam. Phase 1 includes solar rooftop projects with a combined capacity...

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Recruitment Software Market is Poised to Register CAGR of 9.86% by 2031 | SkyQuest Technology

Recruitment Software Market size was valued at USD 2.53 billion in 2022 and is poised to grow from USD 2.78 billion in 2023 to USD 5.89 billion by 2031, growing at a CAGR of 9.86% in the forecast period (2024-2031). Westford, USA, Nov. 25, 2024 (GLOBE NEWSWIRE) — SkyQuest projects that the Recruitment Software Market will reach a value of USD 5.89 Billion by 2031, with a CAGR of 9.86% during the forecast period (2024-2031). The increasing popularity in the use of cloud-based platforms and mobile-based recruiting tools is infusing growth in demand. Adoption of automated resume screening systems through artificial intelligence that analyzes a candidate’s skill and knowledge level drives market growth. The tool uses optical trackers along with ML algorithms to extract patterns and trends from transactional activities and analytical...

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Actelis Networks Receives Two Expansion Orders for Washington DC Department of Transportation in Collaboration with Multi-Billion Dollar Partner M.C. Dean

Actelis continues on the footsteps of the recently announced project in critical infrastructure modernization with new orders, reinforcing its position as a trusted partner in the nation’s capital; Collaborating with key DDOT integrator M.C. Dean FREMONT, Calif., Nov. 25, 2024 (GLOBE NEWSWIRE) — Actelis Networks, Inc. (NASDAQ:ASNS) (“Actelis” or the “Company”), a market leader in cyber-hardened, rapid deployment networking solutions for IoT applications, today announced that it has received new orders for the Washington DC Department of Transportation (“DDOT”). These orders follow the approximately $2.3 million order announced in May 2024 which played a crucial role in modernizing and standardizing DDOT’s network connectivity infrastructure along its roadways and intersections. Actelis is collaborating with M.C. Dean, a key integrator...

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LPL Financial Welcomes Happier Wealth

SAN DIEGO, Nov. 25, 2024 (GLOBE NEWSWIRE) — LPL Financial LLC, announced today that financial advisors Will Beck, CFP®, Mike Macfarlane, CASL®, CLU®, ChFC®, Tyler Vongsawad, CLU®, ChFC®, CASL®, CFP®, MSFS, and Sam Rosen, CFP®, have joined LPL Financial’s broker-dealer, RIA and custodial platforms to launch a new independent practice, Happier Wealth. They reported having served approximately $250 million in advisory, brokerage and retirement plan assets* and join LPL from Northwestern Mutual. Located in Pleasant Grove, Utah, the Happier Wealth team has more than 70 years of collective experience in financial services. Macfarlane mentored Beck and Vongsawad as college interns, and they have all remained close friends throughout their careers. As the three founding partners of Happier Wealth, the advisors are looking to build a collaborative...

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Nordic American Tankers Ltd (NYSE: NAT) – Announces Results of its 2024 Annual General Meeting of Shareholders

Monday, November 25, 2024 Dear Shareholders and Investors,Nordic American Tankers Limited (NYSE:NAT) conducted its Annual General Meeting of Shareholders (the “Meeting”) Thursday, November 21, 2024 in Monaco. A quorum was present, and the following resolutions were approved and adopted at the Meeting: Election of Founder, Chairman & CEO Herbjorn Hansson to serve as Director & Chairman of the BoardElection of Alexander Hansson to serve as Director of the BoardElection of Jenny Chu to serve as Director of the BoardApproval of the appointment of KPMG as the Company’s independent auditors. The board has the authority to replenish a vacant position, to ensure that the NAT Board always consists of four members.  We are in a strong market and prospects are good. Sincerely, Herbjorn Hansson Founder, Chairman & CEO Nordic American...

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UMAMI Bioworks and Steakholder Foods Join Forces to Scale 3D-Printed Fish Fillets for Global Commercialization

Singapore, Nov. 25, 2024 (GLOBE NEWSWIRE) — UMAMI Bioworks, a leading global cultivated seafood platform provider and Steakholder Foods (Nasdaq: STKH), a leading innovator in alternative proteins and 3D printing technologies, today announced the culmination of a two-year R&D collaboration funded by the Singapore-Israel Industrial R&D (SIIRD) grant. The partnership established the feasibility of producing 3D-printed cultivated fish products at scalable volumes and will now advance to bring commercial-ready seafood products to market. The collaboration has laid the groundwork for producing premium cultivated fish fillets using 3D printing technology, marking a significant step toward sustainable seafood commercialization. Through this partnership, the companies have successfully created a portfolio of prototype designs,...

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Stereotaxis Genesis Robotic System Achieves Regulatory Approval in China

ST. LOUIS and SHANGHAI, Nov. 25, 2024 (GLOBE NEWSWIRE) — Stereotaxis (NYSE: STXS) and Shanghai MicroPort EP Medtech Co., Ltd. (688351.SH, “MicroPort EP”), today announced regulatory approval of the Genesis RMN® System by China’s National Medical Products Administration (NMPA). This approval is a significant milestone, making available the latest advances in minimally-invasive robotic technology to physicians and patients in China. MicroPort EP is initiating full commercial launch of Genesis through its existing sales teams focused on the electrophysiology community. Approval of Genesis is a key element in a broader collaboration between Stereotaxis and MicroPort EP which entails the development, integration and commercialization of Stereotaxis’ robotic system, robotically-navigated catheters, and MicroPort EP’s Columbus™...

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Melcor REIT and Melcor Developments Announce Amended and Restated Arrangement Agreement and Cancellation of Unitholder Meeting

Melcor REIT and Melcor Developments enter into Amended and Restated Arrangement Agreement ‎which provides increased per-Unit consideration of $5.50 Special unitholder meeting scheduled for November 26, 2024 is cancelled and Melcor REIT engages in new 90-day extended “go-shop” period Under the terms of the “go-shop”, Melcor Developments will not have the right to match a superior proposal and agrees to support any accepted superior proposalEDMONTON, Alberta, Nov. 25, 2024 (GLOBE NEWSWIRE) — Melcor Real Estate Investment Trust (“Melcor REIT” or the “REIT”) (TSX: MR.UN) and Melcor Developments Ltd. (“Melcor” or the “Purchaser”) (TSX: MRD) announce that they have entered into an Amended and Restated Arrangement Agreement (the “Amended Agreement”) with Melcor REIT GP Inc. (the “GP”), which provides for, among other things, consideration...

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Melcor REIT and Melcor Developments Announce Amended and Restated Arrangement Agreement and Cancellation of Unitholder Meeting

Melcor REIT and Melcor Developments enter into Amended and Restated Arrangement Agreement ‎which provides increased per-Unit consideration of $5.50 Special unitholder meeting scheduled for November 26, 2024 is cancelled and Melcor REIT engages in new 90-day extended “go-shop” period Under the terms of the “go-shop”, Melcor Developments will not have the right to match a superior proposal and agrees to support any accepted superior proposalEDMONTON, Alberta, Nov. 25, 2024 (GLOBE NEWSWIRE) — Melcor Real Estate Investment Trust (“Melcor REIT” or the “REIT”) (TSX: MR.UN) and Melcor Developments Ltd. (“Melcor” or the “Purchaser”) (TSX: MRD) announce that they have entered into an Amended and Restated Arrangement Agreement (the “Amended Agreement”) with Melcor REIT GP Inc. (the “GP”), which provides for, among other things, consideration...

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