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Day: April 22, 2025

Northrop Grumman Releases First Quarter 2025 Financial Results

FALLS CHURCH, Va., April 22, 2025 (GLOBE NEWSWIRE) — Northrop Grumman Corporation (NYSE: NOC) has released its first quarter 2025 financial results. A copy of the earnings release has been furnished in the company’s Form 8-K filing and is also available on the company’s investor relations website at http://investor.northropgrumman.com. As previously announced, Northrop Grumman will webcast its earnings conference call at 9:30 a.m. Eastern time today. A live audio broadcast of the conference call will be available on http://investor.northropgrumman.com. Northrop Grumman is a leading global aerospace and defense technology company. Our pioneering solutions equip our customers with the capabilities they need to connect and protect the world, and push the boundaries of human exploration across the universe. Driven by a shared...

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Li Auto Inc. to Hold Annual General Meeting on May 30, 2025

BEIJING, China, April 22, 2025 (GLOBE NEWSWIRE) — Li Auto Inc. (“Li Auto” or the “Company”) (Nasdaq: LI; HKEX: 2015), a leader in China’s new energy vehicle market, today announced that it will hold an annual general meeting of the Company’s shareholders (the “AGM”) at 10:00 a.m. Beijing time on May 30, 2025 at 9/F, Office Tower C1, Oriental Plaza, 1 East Chang An Avenue, Beijing, China for the purposes of considering and, if thought fit, passing with or without amendments each of the proposed resolutions as set forth in the notice of the AGM (the “AGM Notice”). The AGM Notice, a circular in relation to the AGM, and the form of proxy for the AGM are available on the Company’s website at https://ir.lixiang.com. The board of directors of the Company fully supports the proposed resolutions and recommends that shareholders and holders...

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Devon Energy Unveils Value Enhancing Business Optimization Plan

HIGHLIGHTSTargeting $1 billion in annual pre-tax free cash flow improvements Business optimization plan underway to improve margins and capital efficiency Plan includes improvements to base production performance, midstream commercial terms and corporate costs Expected to be completed by the end of 2026, with 30 percent achieved by year-end 2025OKLAHOMA CITY, April 22, 2025 (GLOBE NEWSWIRE) — Devon Energy Corp. (NYSE: DVN) today announced its business optimization plan to improve margins and capital efficiency, growing free cash flow generation and driving significant shareholder value. “I’m excited to announce the details of our business optimization plan, set to enhance margins and deliver $1 billion in annual pre-tax free cash flow improvements by year end 2026,” said Clay Gaspar, president and CEO. “This milestone reflects...

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Arch Biopartners Announces Toronto General Hospital Ethics Board Approval to Join the Phase II Trial for LSALT Peptide Targeting Cardiac Surgery Associated-Acute Kidney Injury (CS-AKI)

TORONTO, April 22, 2025 (GLOBE NEWSWIRE) — Arch Biopartners Inc., (“Arch” or the “Company”) (TSX Venture: ARCH and OTCQB: ACHFF), announced today that the University Health Network (UHN) Research Ethics Board has granted approval for Toronto General Hospital to participate in the Company’s ongoing Phase II trial evaluating LSALT peptide for the prevention and treatment of cardiac surgery-associated acute kidney injury (CS-AKI). With this ethics approval in place and all training and preparations complete, the clinical team at Toronto General Hospital (TGH) is now cleared to begin patient recruitment. TGH will be the seventh site to be activated globally and the second site to recruit patients in Canada. Quote from Mr. Richard Muruve, CEO Arch Biopartners: “​We are pleased to receive ethics approval from the UHN Research Ethics...

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Verizon delivered strong financial growth with industry-leading wireless service revenue in 1Q 2025

Customer segmentation strategy is a key driver of successful financial performance Verizon remains confident in full-year 2025 guidance Key 1Q 2025 HighlightsIndustry-leading total wireless service revenue1 of $20.8 billion Best wireless retail core prepaid2 net additions since the TracFone acquisition Continued to take broadband market share with strong demand for Fios and fixed wireless access Verizon exits first quarter with momentum in both mobility and broadbandNEW YORK, April 22, 2025 (GLOBE NEWSWIRE) — Verizon Communications Inc. (NYSE, Nasdaq: VZ) today reported strong financial performance for the first-quarter of 2025, fueled by innovative and segmented product offerings that meet the ever-changing needs of consumers and businesses across market sectors. The company’s strategically designed portfolio of diversified...

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Goodfood Reports Second Quarter of 2025 Results with Net Sales of $31 million, Gross Profit of $13 million and Adjusted EBITDA¹ of $1 million

Net sales were $31 million in the second quarter of 2025, with gross margin2 reaching 42.6% for a gross profit of $13 million Net loss of $2 million, adjusted EBITDA margin1 of 4.5% and adjusted EBITDA1 of $1 million for the quarter Cash flows used in operating activities of $1 million and adjusted free cash flow1 was negative $1 million for the second quarter of 2025 Cash balance and marketable securities at $19 million, with balance sheet further de-risked with repayment of 2025 Debentures on March 31, 2025 Attained B Corp certification, joining global community of forward-thinking companies using business as a force for good Genuine Tea, Goodfood’s first acquisition, performing well and benefitting from “Buy in Canada” movement, as we look to further build pipeline of deals and complete more acquisitions to expand our platformMONTREAL,...

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Enerflex Ltd. Confirms Search for New Independent Director and Announces Timing of First Quarter Release

CALGARY, Alberta, April 22, 2025 (GLOBE NEWSWIRE) — The Board of Directors (the “Board”) of Enerflex Ltd. (TSX: EFX) (NYSE: EFXT) (“Enerflex” or the “Company”) today confirmed that, consistent with good corporate governance, it intends to initiate a search this year for a qualified independent director. The Board also announced that it is committed to achieve at least 30% gender diversity on the Board on or before the Company’s 2026 annual meeting. Q1 Earnings Release Enerflex plans to release its financial results and operating highlights for the three months ended March 31, 2025, prior to market open on Thursday, May 8, 2025. Results will be communicated by news release and will be available on the Company’s website at www.enerflex.com and under the electronic profile of the Company on SEDAR+ and EDGAR at www.sedarplus.ca...

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BEN Launches “iSKYE” AI Platform

WILMINGTON, Del., April 22, 2025 (GLOBE NEWSWIRE) — Brand Engagement Network Inc. (BEN) (Nasdaq: BNAI), a global innovator in AI-driven customer engagement solutions, announces the Generally Available (GA) release of its iSKYE platform to enable businesses to quickly deploy and scale customized AI solutions with enterprise grade security, flexibility and control. Why iSKYE? Transforming AI Integration and Scalability for Businesses iSKYE is a new approach to AI Agent development by combining industry-specific training, robust full-stack platform, and scalable deployment. It enables businesses to regain control of their AI projects, build secure, relevant engagement solutions, and accelerate time to value. Whether it’s sharing healthcare information or receiving relevant offers from favorite brands, BEN’s new iSKYE platform individualizes...

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Regeneron Announces New Investment in Manufacturing of its Industry-Leading Biologic Medicines

New manufacturing and supply agreement with FUJIFILM Diosynth Biotechnologies in North Carolina will enable additional production of Regeneron’s biologic medicines and support high-paying jobs in the region Regeneron’s ongoing and planned investments in New York and North Carolina infrastructure and manufacturing expected to total more than $7 billion TARRYTOWN, N.Y., April 22, 2025 (GLOBE NEWSWIRE) — Regeneron Pharmaceuticals, Inc. (NASDAQ: REGN) today announced a significant expansion of its manufacturing capacity through a new agreement with FUJIFILM Diosynth Biotechnologies (“Fujifilm”) to manufacture and supply bulk drug product of Regeneron’s commercial biologic medicines at their Holly Springs, North Carolina, campus. Regeneron, already one of the largest manufacturers of biologics in the world, will nearly double its U.S....

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Ragnarok M: Classic (Chinese title: RO仙境傳說:守護永恆的愛 Classic) Ranked First in Taiwan, Second in Macau and Fourth in Hong Kong in Top Grossing of Apple App Store

Seoul, South Korea , April 22, 2025 (GLOBE NEWSWIRE) — GRAVITY Co., Ltd. (NasdaqGM: GRVY) (“Gravity” or “Company”), a developer and publisher of online and mobile games, announced that GRAVITY Interactive, Inc., Gravity’s wholly-owned subsidiary, has officially launched Ragnarok M: Classic (Chinese title: RO仙境傳說:守護永恆的愛 Classic) (“Ragnarok M: Classic”), an MMORPG Mobile game, in Taiwan, Hong Kong and Macau on April 16, 2025 and the early success has been made, ranking among the top in launching markets. Ragnarok M: Classic was officially launched in Taiwan, Hong Kong and Macau on April 16, 2025, available for download on both Mobile and PC. It has made remarkable performance after its launch by ranking second in free download of Google Play in Taiwan and Macau, first in free download of Apple App Store in Taiwan and second...

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