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Day: January 13, 2025

Howard Hughes Confirms Receipt of Unsolicited Acquisition Proposal from Pershing Square

No Stockholder Action Required at this Time THE WOODLANDS, Texas, Jan. 13, 2025 (GLOBE NEWSWIRE) — Howard Hughes Holdings Inc. (NYSE: HHH) (the “Company” or “HHH”) today confirmed the Board’s receipt of a proposal from Pershing Square Capital Management LP (“Pershing Square”) under which Pershing Square has proposed to acquire additional shares of the Company’s common stock in a merger transaction between the Company and a newly formed merger subsidiary of Pershing Square Holdco, L.P., pursuant to which Pershing Square would own a majority of the Company’s common stock as a result of such merger. Pershing Square currently beneficially owns approximately 37.6% of the Company’s common stock. As previously announced on August 8, 2024, the Howard Hughes Board of Directors formed a Special Committee, comprised of independent directors,...

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Plains All American Announces Pricing of Public Offering of $1 Billion of Senior Notes

HOUSTON, Jan. 13, 2025 (GLOBE NEWSWIRE) — Plains All American Pipeline, L.P. (Nasdaq: PAA) today announced that it and PAA Finance Corp., a wholly owned subsidiary of PAA, as co-issuer, have priced an underwritten public offering (the “Offering”) of $1 billion aggregate principal amount of 5.950% senior unsecured notes due 2035 at a price to the public of 99.761% of their face value. The Offering is expected to close on January 15, 2025, subject to the satisfaction of customary closing conditions. PAA intends to use the net proceeds of approximately $988.1 million from the Offering to (i) fund the acquisition of all of the membership interests in Ironwood Midstream Energy Partners II, LLC for approximately $475 million (the “Ironwood Acquisition”), (ii) fund the repurchase of approximately 12.7 million Series A Preferred Units...

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ServiceTitan Announces Third Quarter Fiscal 2025 Financial Results

LOS ANGELES, Jan. 13, 2025 (GLOBE NEWSWIRE) — ServiceTitan (NASDAQ: TTAN), the software platform that powers the trades, today announced financial results for the fiscal third quarter ended October 31, 2024. “Building a generational business that is the operating system for the trades is our life’s work,” said Ara Mahdessian, co-founder and CEO. “We recognize that the only thing more exciting than how far we have come, is just how far we have yet to go. Healthy fiscal third quarter business performance is further evidence that our strategy is working.” “We are pleased to deliver fiscal third quarter financial performance ahead of the midpoint of our flash results,” said Vahe Kuzoyan, co-founder and President. “Our customers are expanding well and we are pleased with strong early adoption of our new Sales Pro and Contact Center...

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DIAGNOS Announces the Engagement of Promoter

BROSSARD, Quebec, Jan. 13, 2025 (GLOBE NEWSWIRE) — Diagnos Inc. (“DIAGNOS” or the “Corporation”) (TSX Venture: ADK, OTCQB: DGNOF, FWB: 4D4A), a pioneer in early detection of critical health issues through the use of its FLAIRE platform based on Artificial Intelligence (AI), announces today the engagement of Outside The Box Capital Inc. (“OTB”) to provide marketing and promotional services to the Corporation. As per the agreement signed between OTB and DIAGNOS, OTB is entitled to a compensation of CA$50,000, payable in advance in cash, for the period of January 13, 2025 to April 13, 2025 (the “Period”). During the Period, the parties may terminate the agreement by mutual consent. The compensation of CA$50,000 will be paid using the liquidities of the Corporation. Headquartered in Oakville, in the province of Ontario, Canada, OTB...

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Nokia Corporation: Repurchase of own shares on 13.01.2025

Nokia CorporationStock Exchange Release13 January 2025 at 22:30 EET Nokia Corporation: Repurchase of own shares on 13.01.2025 Espoo, Finland – On 13 January 2025 Nokia Corporation (LEI: 549300A0JPRWG1KI7U06) has acquired its own shares (ISIN FI0009000681) as follows:Trading venue (MIC Code) Number of shares Weighted average price / share, EUR*XHEL 872,093 4.34CEUX – –BATE – –AQEU – –TQEX – –Total 872,093 4.34* Rounded to two decimals On 22 November 2024, Nokia announced that its Board of Directors is initiating a share buyback program to offset the dilutive effect of new Nokia shares issued to the shareholders of Infinera Corporation and certain Infinera Corporation share-based incentives. The repurchases in compliance with the Market Abuse Regulation (EU) 596/2014...

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EMGS: Vessel activity and multi-client sales update for the fourth quarter 2024

Electromagnetic Geoservices ASA (the “Company” or “EMGS”) releases information on vessel activity and multi-client sales during the quarter approximately 4-5 working days after the close of each quarter. The Company defines vessel utilisation as the percentage of the vessel charter period spent on proprietary or multi-client data acquisition. Downtime (technical or maritime), mobilisation, steaming, and some standby activities are not included in the utilisation rate.   At the end of the fourth quarter 2024 the Company had one vessel on charter, the Atlantic Guardian. The Atlantic Guardian completed multi-client surveys in the North Sea and the Norwegian Sea in the quarter and started transit to India for an upcoming proprietary survey. The utilization for the fourth quarter was 31% compared with 0% for the fourth quarter 2023.  EMGS...

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Clariant rejects BASF’s allegations against four companies related to the 2020 competition law infringement

AD HOC ANNOUNCEMENT PURSUANT TO ART. 53 LR  Muttenz, 13 January 2025 Clariant, a sustainability-focused specialty chemical company, today announced that on Thursday, 9 January 2025, the company was served with a claim for damages against four companies, including Clariant, from BASF with the court of Munich, Germany. The claim alleges damages amounting to EUR 1.4 billion in relation to infringements of competition law on the ethylene purchasing market which was sanctioned by the European Commission in July 2020. Clariant firmly rejects the allegation and will adamantly defend its position in the proceedings. Clariant has substantiated economic evidence that the conduct of the parties did not produce any effect on the market.    CORPORATE MEDIA RELATIONS   Jochen DubielPhone +41 61 469 63 63 jochen.dubiel@clariant.com...

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Mint Incorporation Limited Announces Closing of Initial Public Offering

Hong Kong, Jan. 13, 2025 (GLOBE NEWSWIRE) — Mint Incorporation Limited (Nasdaq: MIMI) (the “Company”), a Hong Kong-based interior design and fit out works provider, today announced the closing of its initial public offering (the “Offering”) of 1,750,000 Class A ordinary shares (the “Class A Ordinary Shares”), at a price of $4.00 per Ordinary Share (the “Offering Price”). The Class A Ordinary Shares commenced trading on the Nasdaq Capital Market on January 10, 2025 under the symbol “MIMI.” The Company has granted the underwriters a 45-day option to purchase up to an additional 262,500 Class A Ordinary Shares of the Company, at the Offering Price, representing 15% of the Class A Ordinary Shares sold in the Offering (the “Over-allotment Option”). On January 10, 2025, the underwriters exercised the Over-Allotment Option in full to...

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Toll Brothers Manzanita Park Luxury Home Community is Now Open in Morgan Hill, California

MORGAN HILL, Calif., Jan. 13, 2025 (GLOBE NEWSWIRE) — Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, announced the grand opening of Manzanita Park, an exclusive enclave of new townhome-style condominiums in Morgan Hill, California. The Toll Brothers Sales Center is now open at 19685 Juniper Loop in Morgan Hill. Manzanita Park provides a unique opportunity for luxury living in sought-after Morgan Hill. The community features 67 luxury residences ranging from 1,350 to 2,400+ square feet, offering 2 to 4 bedrooms, 2 to 3.5 bathrooms, and attached 2-car garages. The community boasts the latest in energy-efficient appliances with solar-powered assistance, ensuring a sustainable and comfortable living environment. Homes in Manzanita Park are priced from the low $900,000s. Each home showcases the quality...

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Sysco Offers Houston Colleagues Unprecedented Wage Increases, Improved Benefits and More Time Off, Teamsters’ Strike Call Harms Our Colleagues

Teamsters have not been serious about reaching an agreement, Sysco calls on union to reach an agreement to avoid strikes that harm colleagues and the community HOUSTON, Jan. 13, 2025 (GLOBE NEWSWIRE) — Today, Sysco Corporation (NYSE:SYY), the leading global foodservice distribution company, called on the International Brotherhood of Teamsters (IBT) to stop threatening strikes at its companies in multiple states and to start serious negotiations so Houston colleagues can enjoy the unprecedented wage increases we have offered. Sysco has been negotiating in good faith for several months with the goal of reaching an agreement by contract expiration on January 17. Sysco is committed to reaching an agreement that rewards our Houston colleagues with generous wage increases and improved benefits while balancing the company’s business needs....

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