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Day: January 7, 2025

TomTom Traffic Index 2025

TomTom unveils data-driven insights from over 450 billion miles driven in 2024TomTom unveils data-driven insights from over 450 billion miles driven in 2024TomTom unveils data-driven insights from over 450 billion miles driven in 2024TomTom releases its most comprehensive traffic index yet, providing insights on 500 cities across 62 countries. Access the full report here: www.tomtom.com/TrafficIndex AMSTERDAM, Jan. 07, 2025 (GLOBE NEWSWIRE) — TomTom (TOM2), the location technology specialist, today releases the 14th edition of its TomTom Traffic Index, an annual report that provides a unique overview on global traffic trends. This year’s edition features 500 cities across 62 countries on 6 continents, making it the most robust and complete analysis ever, made available to any observer. The TomTom Traffic Index uses unified...

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Currency Exchange International, Corp. Announces Strategic Review of Exchange Bank of Canada

TORONTO, Jan. 07, 2025 (GLOBE NEWSWIRE) — Currency Exchange International, Corp. (“CXI” or the “Company”) (TSX: CXI) (OTC: CURN), announced today that a Special Committee of independent directors is actively considering a range of strategic options for its wholly-owned subsidiary, Exchange Bank of Canada (“EBC”), a federally chartered non-deposit-taking Canadian Schedule I bank. The strategic review aims to explore opportunities to maximize long-term value for shareholders and focus the Company’s resources towards its profitable U.S. operations. The formal review of the future of EBC is expected to enhance performance and improve the return on CXI’s capital. INFOR Financial Inc. has been retained as the Company’s strategic advisor to assist in this process. The Board of Directors and Management are focused on assessing shareholder...

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APA Corporation Prices $850 Million Private Notes Offering

HOUSTON, Jan. 07, 2025 (GLOBE NEWSWIRE) — APA Corporation (“APA”) (Nasdaq: APA) announced today that it has priced $350 million in aggregate principal amount of 6.10% notes due 2035 and $500 million in aggregate principal amount of 6.75% notes due 2055 (collectively, the “Notes”) in a private offering (the “Private Offering”) that is exempt from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”). Gross proceeds, before deducting the initial purchasers’ discounts and offering expenses payable by APA, are expected to be approximately $846 million. The offering is expected to close January 10, 2025, subject to the satisfaction of customary closing conditions. APA intends to use the net proceeds from the proposed offering to purchase a portion of certain outstanding senior indebtedness issued...

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ThreeD Capital Inc. Issues Early Warning Report in Connection with Disposition of Securities of Quebec Innovative Materials Corp.

TORONTO, Jan. 07, 2025 (GLOBE NEWSWIRE) — ThreeD Capital Inc. (“ThreeD”) (CSE:IDK / OTCQX:IDKFF) a Canadian based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors, announces that through a series of transactions ending in recent weeks (the “Dispositions”), ThreeD disposed of ownership and control of an aggregate of 1,850,000 common shares (the “Subject Shares”) of Quebec Innovative Materials Corp. (the “Company” or “QIMC”). The Subject Shares represented approximately 1.6% of all issued and outstanding common shares of the Company. As a result of the Dispositions, the percentage ownership held by ThreeD and the Joint Actor decreased by greater than 2%, on a partially diluted basis, from the last early warning report filed. Immediately prior to the...

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The Honest Company Announces Participation in the ICR Conference 2025

LOS ANGELES, Jan. 07, 2025 (GLOBE NEWSWIRE) — The Honest Company (NASDAQ: HNST), a personal care company dedicated to creating cleanly-formulated and sustainably-designed products, today announced that Chief Executive Officer, Carla Vernón, Chief Financial Officer, Dave Loretta and Chief Growth Officer, Kate Barton will participate in investor meetings and host a presentation at the ICR Conference 2025 in Orlando, Florida on January 14, 2025. The presentation will be webcast live on Tuesday, January 14, 2025, at 1:00 p.m. Eastern Standard Time at https://wsw.com/webcast/icr10/hnst/1674211. An archive of the webcast presentation will be available for 30 days. About The Honest CompanyThe Honest Company (NASDAQ: HNST) is a personal care company dedicated to creating cleanly-formulated and sustainably-designed products spanning categories...

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CORRECTION – Pasinex Appoints Experienced Mining Executive and Provides Corporate Update

TORONTO, Jan. 07, 2025 (GLOBE NEWSWIRE) — In a release issued earlier today by Pasinex Resources Limited (CSE: PSE) (FSE: PNX) under the same headline, please note that several incorrect statements have been corrected. The changes are in reference to Mr. Gottwald not retiring but resigning and some consequent wording amendments. The corrected release follows:Ian D. Atacan appointed as Chief Financial Officer and Corporate Secretary JC Professional Corporation appointed as Auditor Annual General Meeting set for February 14, 2025All figures in Canadian dollars ($) unless otherwise specified Pasinex Resources Limited (CSE: PSE) (FSE: PNX) (The “Company” or “Pasinex”), a Canadian mining company focused on high-grade zinc-lead-silver properties in Türkiye and Nevada, announced a corporate update highlighting significant leadership...

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Radius Recycling Reports First Quarter Fiscal 2025 Financial Results

PORTLAND, Ore., Jan. 07, 2025 (GLOBE NEWSWIRE) — Radius Recycling, Inc. (NASDAQ: RDUS) today reported results for the first quarter of fiscal 2025 ended November 30, 2024. The Company reported a loss per share from continuing operations of $(1.30) and a net loss of $(37) million in the first quarter of fiscal 2025, compared to ($0.64) and ($18) million, respectively, in the prior year first quarter, with the difference substantially driven by a detriment on income tax in the current quarter. Adjusted EBITDA was break-even in the first quarter of fiscal 2025, compared to $1 million in the prior year first quarter. Adjusted loss per share from continuing operations was $(1.33) in the first quarter of fiscal 2025, compared to ($0.64) in the prior year. The Company’s adjusted results in the first quarter of fiscal 2025 exclude $2 million...

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ROHM Develops a 1kW Class High Power Infrared Laser Diode

125W × 8ch high-power array significantly improves measurement distance and resolution in LiDAR applicationsROHM’s New 1kW Class High Power Infrared Laser DiodeIdeal for use in ADAS equipped with LiDAR for distance measurement and spatial recognitionProduct Image and Comparison of Emission Intensity vs. Standard ProductROHM’s product achieves high output with high beam quality and minimizes intensity drop between channels vs. standard productSanta Clara, CA and Kyoto, Japan, Jan. 07, 2025 (GLOBE NEWSWIRE) — ROHM Semiconductor today announced a new high output laser diode – RLD8BQAB3 – for use in ADAS (Advanced Driver Assistance Systems) equipped with LiDAR for distance measurement and spatial recognition. ROHM will initially start supplying samples targeting consumer and industrial applications...

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BellRing Brands Schedules First Quarter Fiscal Year 2025 Conference Call

ST. LOUIS, Jan. 07, 2025 (GLOBE NEWSWIRE) — BellRing Brands, Inc. (NYSE:BRBR) today announced it will hold a conference call on Tuesday, February 4, 2025 at 9:00 a.m. EST to discuss financial results for the first quarter of fiscal year 2025 and fiscal year 2025 outlook and to respond to questions. Darcy H. Davenport, President and Chief Executive Officer, and Paul A. Rode, Chief Financial Officer, will participate in the call. BellRing also announced it plans to release its financial results for the first quarter after market close on Monday, February 3, 2025. Interested parties may join the conference call by registering in advance at the following link: BellRing Q1 2025 Earnings Conference Call. Upon registration, participants will receive a dial-in number and a unique passcode to access the conference call. Interested parties...

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European Residential Real Estate Investment Trust Announces Results of Special Meeting

TORONTO, Jan. 07, 2025 (GLOBE NEWSWIRE) — European Residential Real Estate Investment Trust (TSX: ERE.UN) (“ERES” or the “REIT”) announced today that at its Special Meeting of holders of trust units and special voting units of the REIT (“Unitholders”) held today, the special resolution (“Special Resolution”) referred to in its management information circular dated November 25, 2024 was passed by a vote held by ballot. A total of 192,833,611 units and special voting units of ERES (collectively, “Units”) representing 82.289% of ERES’s issued and outstanding Units were voted in connection with the meeting. As set forth below, Unitholders voted in favour of a Special Resolution approving certain amendments to the REIT’s fifth amended and restated declaration of trust (the “Declaration of Trust”). The Declaration of Trust will be amended...

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