Day: December 3, 2024

• Sage Intacct Release 4 brings AI-driven Sage Copilot and productivity tools to enhance decision-making and efficiency • Tailored integrations for specific industries and expanded language support to serve a growing global user base ATLANTA, Dec. 03, 2024 (GLOBE NEWSWIRE) — Sage, the leader in accounting, financial, HR, and payroll technology for small and mid-sized businesses (SMBs), today announces that Sage Copilot is available to early adopters initially in the US and UK on Sage Intacct. As part of a raft of new enhancements and updates for Sage Intacct customers globally, the introduction of this cutting-edge generative AI tool will support customers with actionable insights and intuitive support to help drive productivity and growth. Sage Copilot is one of the first AI-driven tools designed to transform how accounting and...

ATHENS, Greece, Dec. 03, 2024 (GLOBE NEWSWIRE) — Performance Shipping Inc. (NASDAQ: PSHG), (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, today announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with SeaRiver Maritime LLC (the “Charterer”), a wholly-owned subsidiary of ExxonMobil Corporation (NYSE: XOM), for the 2010-built, 105,304 dwt LR2 Aframax tanker vessel, M/T P. Aliki. The gross charter rate will be US$33,500 per day for a period of seven (7) months +/- 15 days at the option of the Charterer and is expected to commence at the beginning of December. This charter will generate approximately US$6.6 million of gross revenue for the minimum duration of the charter. Commenting on this charter, Andreas Michalopoulos, the Company’s...

Louisville, Colorado, Dec. 03, 2024 (GLOBE NEWSWIRE) — CEA Industries Inc. (NASDAQ: CEAD, CEADW) (“CEA Industries” or the “Company”), today announced that it is under a non-binding Letter of Intent (“LOI”)”) to acquire a leading specialty retailer and manufacturer (the “Target”), which would be paid for with a combination of cash, CEA Industries common shares, and debt. “This proposed transaction offers an exciting opportunity for our shareholders to benefit from a growing and profitable business operating in a high-demand industry,” said Tony McDonald, Chairman and CEO of CEA Industries. “The Target has a demonstrated track record of double-digit revenue growth, consistent profitability, and positive cash flow. Building on the Target’s solid foundation in a fragmented industry, we plan to utilize our strong balance sheet to scale...

SHRM-hosted event will focus on tactics and takeaways to help employers combat rising costs that affect employee satisfaction and benefits utilization DRAPER, Utah, Dec. 03, 2024 (GLOBE NEWSWIRE) — HealthEquity has announced its annual benefit trends webinar aimed at helping employers, HR professionals, and other business leaders prepare for the 2025 benefits landscape. The event will focus on benefits affordability for employers and employees, and how employers can address it. The webinar is scheduled for Tuesday, December 10, at 2 p.m. (EST). The panel-style discussion will feature seasoned benefits experts from various industries. Attendees will hear actionable recommendations for employers looking to strengthen their benefits offerings and improve outcomes, all while navigating the complexities of today’s economic climate....

On Dec. 2. 2024, Bollinger Motors received, via electronic transfer, payment in full for all seven Bollinger B4 trucks with immediate revenue recognitionAdditional Bollinger B4s heading to TEC Equipment locations in California, Oregon and WashingtonThis is TEC’s second B4 all-electric truck order. Initial order was delivered in October.BREA, Calif., Dec. 03, 2024 (GLOBE NEWSWIRE) — via IBN — Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an electric vehicle (“EV”) manufacturer, announced today that its subsidiary, Bollinger Motors (“Bollinger”), has received a follow-on order for seven all-electric 2025 Bollinger B4 trucks from TEC Equipment (“TEC”). Electronic payment has been received on all seven vehicles, and the revenue is being recognized in the current fiscal quarter ending in December...

NEW YORK, Dec. 03, 2024 (GLOBE NEWSWIRE) — Ready Capital Corporation (NYSE: RC) (“Ready Capital” or the “Company”) today announced that it is commencing an underwritten public offering of senior unsecured notes due 2029 (the “Notes”). The Company intends to use the net proceeds from this offering to originate or acquire target assets consistent with its investment strategy and for general corporate purposes. The maturity, interest rate and other terms of the Notes will be determined at the time of pricing the offering. Morgan Stanley & Co. LLC, Piper Sandler & Co., RBC Capital Markets, LLC, UBS Investment Bank and Wells Fargo Securities, LLC are serving as book-running managers for the offering. The Company intends to apply to list the Notes on the New York Stock Exchange under the symbol “RCD.” A registration statement...

SAN DIEGO, Dec. 03, 2024 (GLOBE NEWSWIRE) — LPL Financial LLC, announced today that financial advisor James P. Norris, MBA, APMA®, of Argosy Financial has joined LPL Financial’s broker-dealer, RIA and custodial platforms. He reported serving approximately $250 million in advisory, brokerage and retirement plan assets* and joins LPL from Centaurus Financial. Based in Glendale, Ariz., Norris has more than 20 years of experience in financial services, specializing in investment management, client portfolio construction and retirement planning. He prides himself on developing personalized investment strategies for each client’s distinct needs, rather than using a templated approach. With support from team members Michael O’Brien, Romy Quick and Sarah Norris, Argosy Financial is committed to providing clients with the highest level...