Year: 2024

Fairfax Launches C$700 Million Senior Notes Offering

Written by Customer Service on November 20, 2024. Posted in Public Companies.

Not for distribution to U.S. news wire services or dissemination in the United States. The base shelf prospectus is accessible, and the shelf prospectus supplement for this offering will be accessible within two business days, through SEDAR+ TORONTO, Nov. 19, 2024 (GLOBE NEWSWIRE) — Fairfax Financial Holdings Limited (“Fairfax”) (TSX: FFH and FFH.U) announces that it intends to offer (i) C$450 million in aggregate principal amount of Senior Notes due 2034 (the “2034 Notes”) to be priced at C$99.929 per C$100 principal amount, and (ii) C$250 million in aggregate principal amount of Senior Notes due 2054 (the “2054 Notes” and, together with the 2034 Notes, the “Senior Notes”) to be priced at C$100 per C$100 principal amount (the “Offering”). The Senior Notes will be offered through a syndicate of dealers to be led by BMO Nesbitt...

Colliers’ 2025 Global Investor Outlook reveals renewed investor optimism in commercial real estate as pricing stabilizes

Written by Customer Service on November 20, 2024. Posted in Public Companies.

Colliers 2025 Global Investor OutlookColliers’ fifth annual report synthesizes views from senior capital markets experts and research data to provide a comprehensive look at commercial real estate investment trends and the most promising opportunities in the year ahead.Broad momentum across asset classes, private wealth to reshape capital flows LONDON and TORONTO, Nov. 19, 2024 (GLOBE NEWSWIRE) — Leading global diversified professional services company Colliers released its 2025 Global Investor Outlook, revealing renewed investor optimism and confidence that the commercial property market has moved past an inflection point following two years of muted transactions. On the back of subsiding inflation, lower interest rates, an improved economic outlook and expansive fundraising, Colliers anticipates a new market environment...

Pyrogen Testing Market to Surpass Valuation of USD 4.10 Billion by 2031 | SkyQuest Technology

Written by Customer Service on November 20, 2024. Posted in Mergers And Acquisitions.

The pyrogen testing market is projected to witness significant growth over the forthcoming years owing to the growing digitalization and automation in testing processes and the expansion of biologics and biopharmaceuticals. Westford, USA, Nov. 19, 2024 (GLOBE NEWSWIRE) — SkyQuest projects that the global pyrogen testing market size will reach a value of USD 4.10 Billion by 2031, with a CAGR of 13.4% during the forecast period (2024-2031). Growing demand for pyrogen testing products in the biotechnology and pharmaceutical industries is one of the key factors driving the expansion of the market. The global pyrogen testing market products is anticipated to increase due to the rapidly expanding pharmaceutical and biotechnology sectors as well as the growing number of innovative treatments being introduced. One of the key elements driving...

Bioremediation Market to Reach USD 31.91 Billion by 2031 | SkyQuest Technology

Written by Customer Service on November 20, 2024. Posted in Mergers And Acquisitions.

Rapidly increasing environmental pollution and contamination due to malpractices of humans are projected to primarily augment the demand for bioremediation across the forecast period. Westford, USA, Nov. 19, 2024 (GLOBE NEWSWIRE) — SkyQuest projects that the Global Bioremediation Market Share will reach a value of USD 31.91 Billion by 2031, with a CAGR of 9.93% during the forecast period (2024-2031). Throughout the projection period, the increasing levels of human wrongdoing-induced environmental contamination and pollution are expected to chiefly augment the demand for bioremediation. The bioremediation market growth is further going to be facilitated by the strict environmental conservation laws implemented and fresh initiatives for restoring the environment and undoing the harms incurred due to human activities during the projection...

Duos Technologies Group Reports Improved Third Quarter 2024 Results

Written by Customer Service on November 20, 2024. Posted in Earnings Releases And Operating Results.

Revenue increased 112% to $3.24 million in the quarter of which almost 50% was related to recurring revenue services and consulting with increased gross margin and decreased operating expenses. JACKSONVILLE, Fla., Nov. 19, 2024 (GLOBE NEWSWIRE) — Duos Technologies Group, Inc. (“Duos” or the “Company”) (Nasdaq: DUOT), reported financial results for the third quarter (“Q3 2024”) ended September 30, 2024.Third Quarter 2024 and Recent Operational HighlightsDelivered and installed Edge Data Center for Amtrak at the Secaucus location. Construction work continues at the site. Received more than $1.4 million in contract modifications at Amtrak including renewal of the subscription utilizing three portals for long-distance passenger trains. Initial discussions for future sites in progress. Expanded investment in new subsidiary, “Duos...

ArrowMark Financial Corp. Releases Month End Estimated Net Asset Value as of October 2024

Written by Customer Service on November 20, 2024. Posted in Public Companies.

DENVER, Nov. 19, 2024 (GLOBE NEWSWIRE) — ArrowMark Financial Corp., (NASDAQ: BANX) (“ArrowMark Financial”), today announced that BANX’s estimated and unaudited Net Asset Value (“NAV”) as of October 31, 2024, was $22.02. This estimated NAV is not a comprehensive statement of our financial condition or results for the month ended October 31, 2024. About ArrowMark Financial Corp. ArrowMark Financial Corp. is an SEC registered non-diversified, closed-end fund listed on the NASDAQ Global Select Market under the symbol “BANX.” Its investment objective is to provide shareholders with current income. BANX pursues its objective by investing primarily in regulatory capital securities of financial institutions. BANX is managed by ArrowMark Asset Management, LLC. To learn more, visit ir.arrowmarkfinancialcorp.com, or contact Destra...

CORRECTION – DT Midstream Announces $1.2 Billion Acquisition of Strategic Midwest FERC-Regulated Natural Gas Pipelines

Written by Customer Service on November 20, 2024. Posted in Mergers And Acquisitions.

In a release issued under the same headline earlier today by DT Midstream, Inc. (NYSE: DTM), please note that in the “Conference Call” paragraph of the release, the call time should be 9:30 a.m. ET (8:30 a.m. CT) on Wednesday, November 20, rather than 8:00 a.m. ET (7:00 a.m. CT) as previously stated. The corrected release follows: DT Midstream Announces $1.2 Billion Acquisition of Strategic Midwest FERC-Regulated Natural Gas PipelinesThree regulated natural gas transmission pipelines with total capacity of more than 3.7 Bcf/d across the Upper Midwest Premier assets with a high-quality demand-pull customer base Connected to DTM’s existing assets and strategically located to take advantage of strong power demand fundamentalsDETROIT, Nov. 19, 2024 (GLOBE NEWSWIRE) — DT Midstream, Inc. (NYSE: DTM) today announced that...

Village Farms International and Hemp for Victory File Joint Motion to Disqualify DEA from Oversight of Proposed Marijuana Rescheduling Process

Written by Customer Service on November 19, 2024. Posted in Public Companies.

– Filing asserts that the DEA failed to maintain a complete record and ensure fairness and transparency – – Filing also asserts DEA is compromised and should be barred from participation in these proceedings – – Parties move that the Department of Justice replace the DEA as proponent of the Proposed Rule – ORLANDO, Fla. and VANCOUVER, British Columbia, Nov. 19, 2024 (GLOBE NEWSWIRE) — Village Farms International, Inc. (“Village Farms” or the “Company”) (NASDAQ: VFF) and Hemp for Victory (collectively, “The Parties”), today announced that they have filed a joint motion which seeks the immediate disqualification and removal of the Drug Enforcement Administration (“DEA” or the “Agency”) from defending the Proposed Role to reschedule marijuana from a Schedule I to a Schedule III drug under the Controlled Substances Act (“CSA”). The...

Helium Evolution Announces Filing of Q3 2024 Financial Results and Provides Operations Update

Written by Customer Service on November 19, 2024. Posted in Earnings Releases And Operating Results.

CALGARY, Alberta, Nov. 19, 2024 (GLOBE NEWSWIRE) — Helium Evolution Incorporated (TSXV:HEVI) (“HEVI” or the “Company“), a Canadian-based helium exploration company focused on developing assets in southern Saskatchewan, announces the filing of the Company’s interim condensed financial statements and associated management’s discussion and analysis for the three and nine months ended September 30, 2024 (the “Q3 Report”). Complete details of the Q3 Report are available on SEDAR+ at www.sedarplus.ca, and on HEVI’s website. Three and Nine Months Ended September 30, 2024 Highlights: Three months ended Nine months endedTabular amounts in thousands of Canadian Dollars, except share and per share amounts September 30, 2024 September 30, 2023 September 30, 2024 September 30, 2023Financial Net loss 185 592 678 1,234Net...

Qifu Technology Announces Third Quarter 2024 Unaudited Financial Results and Launches A New US$450 Million Share Repurchase Plan for 2025

Written by Customer Service on November 19, 2024. Posted in Earnings Releases And Operating Results.

SHANGHAI, China, Nov. 19, 2024 (GLOBE NEWSWIRE) — Qifu Technology, Inc. (NASDAQ: QFIN; HKEx: 3660) (“Qifu Technology” or the “Company”), a leading Credit-Tech platform in China, today announced its unaudited financial results for the third quarter ended September 30, 2024 and launched a new US$450 million share repurchase plan for 2025. Third Quarter 2024 Business HighlightsAs of September 30, 2024, our platform has connected 162 financial institutional partners and 254.3 million consumers*1 with potential credit needs, cumulatively, an increase of 11.6% from 227.9 million a year ago. Cumulative users with approved credit lines*2 were 55.2 million as of September 30, 2024, an increase of 12.2% from 49.2 million as of September 30, 2023. Cumulative borrowers with successful drawdown, including repeat borrowers was 33.1 million...

Year: 2024

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