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Day: May 1, 2025

Sunrun’s Distributed Power Plant Quadruples in Size to 75,000 Solar-Powered Batteries to Support California’s Grid

Sunrun customers create one of the nation’s largest solar-powered battery resources to bolster grid reliability and help prevent blackouts by networking together tens of thousands of distributed home storage systems SAN FRANCISCO, May 01, 2025 (GLOBE NEWSWIRE) — Sunrun (Nasdaq: RUN), the nation’s leading provider of clean energy as a subscription service, announced today that its CalReady power plant has more than quadrupled in size as the summer heat begins to stress the state’s energy grid. More than 56,000 Sunrun customers’ solar-plus-battery systems—totaling approximately 75,000 batteries—will provide critical energy to California’s grid during times of high energy prices, heat waves, and other grid emergency events while simultaneously lowering energy costs for all ratepayers. “Sunrun is leading the transformation...

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Four in 10 Consumers Now Expect Personalized Marketing Experiences

New TransUnion research highlights consumer expectations, trust issues and the path forward for personalized marketing CHICAGO, May 01, 2025 (GLOBE NEWSWIRE) — Nearly four in 10 U.S. consumers (39%) expect brands to personalize their online shopping experience with tailored interactions, product recommendations and marketing that align with individual preferences and behaviors. These findings and more from TransUnion’s (NYSE: TRU) latest consumer research provide guidance on how brands engage their audiences going forward. “Effective personalization is a powerful tool for marketers,” said Matt Spiegel, EVP of TruAudience Growth Strategy, TransUnion. “When it works, personalization demonstrates to consumers that brands are listening and responding to their individual preferences, leading to higher engagement and stronger brand...

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Greif to Close Los Angeles Paperboard Mill

DELAWARE, Ohio, May 01, 2025 (GLOBE NEWSWIRE) — Greif (NYSE: GEF, GEF.B), a global leader in industrial packaging products and services, announced today it will permanently close the paperboard mill in Los Angeles, California as part of its previously announced optimization efforts. The Los Angeles mill is expected to cease operation in June 2025. The mill, which produces both coated recycled paperboard (CRB) and uncoated recycled paperboard (URB) is expected to remove 50,000 tons of CRB and 22,000 tons of URB capacity from the market and will end Greif’s coated paperboard production on the West Coast. “Closing this facility was not an easy decision, especially knowing the effect it has on our team members, their families, and the surrounding community,” said President and CEO Ole Rosgaard. “I want to sincerely thank our Los Angeles...

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WillScot Declares Quarterly Cash Dividend

PHOENIX, May 01, 2025 (GLOBE NEWSWIRE) — WillScot Holdings Corporation (“WillScot” or the “Company”) (Nasdaq: WSC), a leader in innovative temporary space solutions, today announced that its Board of Directors has declared a quarterly dividend of $0.07 per common share. The cash dividend will be paid on June 18, 2025, to shareholders of record as of the close of business on June 4, 2025. About WillScot Listed on the Nasdaq stock exchange under the ticker symbol “WSC,” WillScot is the premier provider of highly innovative and turnkey space solutions in North America. The Company’s comprehensive range of products includes modular office complexes, mobile offices, classrooms, temporary restrooms, portable storage containers, protective buildings and climate-controlled units, and clearspan structures, as well as a curated selection...

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Parker Reports Fiscal 2025 Third Quarter Results

Record margins, EPS and YTD cash flow from operations CLEVELAND, May 01, 2025 (GLOBE NEWSWIRE) — Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today reported results for the quarter ended March 31, 2025, that included the following highlights (compared with the prior year quarter): Fiscal 2025 Third Quarter Highlights:Sales were $5.0 billion; organic sales growth was 1% Net income was $961 million, an increase of 32%, or $904 million adjusted, an increase of 6% EPS were $7.37, an increase of 33%, or $6.94 adjusted, an increase of 7% Segment operating margin was 23.2%, an increase of 170 bps, or 26.3% adjusted, an increase of 160 bps YTD cash flow from operations increased 8% to $2.3 billion, or 15.8% of sales Repurchased $650 million of shares in the quarter“Our third quarter...

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SIGA to Host Business Update Call on May 8, 2025 Following Release of First-Quarter 2025 Results

NEW YORK, May 01, 2025 (GLOBE NEWSWIRE) — SIGA Technologies, Inc. (SIGA) (Nasdaq: SIGA), a commercial-stage pharmaceutical company, today announced that management will host a webcast and conference call to provide a business update at 4:30 P.M. ET on Thursday, May 8, 2025. Participating in the call will be Diem Nguyen, Chief Executive Officer, and Daniel Luckshire, Chief Financial Officer. A live webcast of the call will also be available on the Company’s website at http://www.siga.com in the Investor Relations section of the site, or by clicking here. Please log in approximately 5-10 minutes prior to the scheduled start time. Participants may access the call by dialing 1-800-717-1738 for domestic callers or 1-646-307-1865 for international callers. A replay of the call will be available for two weeks by dialing 1-844-512-2921...

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Hubbell Reports First Quarter 2025 Results

Shelton, CT, May 01, 2025 (GLOBE NEWSWIRE) — HUBBELL REPORTS FIRST QUARTER 2025 RESULTSQ1 diluted EPS of $3.15; adjusted diluted EPS of $3.50 Q1 net sales -2% (organic -0.6%; foreign exchange -0.6%; net M&A -1.2%) Q1 operating margin 17.5%; adjusted operating margin 19.3% 2025 diluted EPS outlook of $15.95-16.45; Maintaining adj. diluted EPS of $17.35-$17.85Hubbell Incorporated (NYSE: HUBB) today reported operating results for the first quarter ended March 31, 2025. “Our results in the first quarter were driven by continued strong operating performance in our Electrical Solutions segment and a return to organic growth in Grid Infrastructure, offset by anticipated softness in Grid Automation and the impact of higher cost inflation” said Gerben Bakker, Chairman, President and CEO. Mr. Bakker continued, “Electrical Solutions...

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Laureate Education Reports Financial Results For the First Quarter Of 2025

Company Updates Full-Year 2025 Guidance Following Completion of Favorable Enrollment Intake Cycle MIAMI, May 01, 2025 (GLOBE NEWSWIRE) — Laureate Education, Inc. (NASDAQ: LAUR), which operates five higher education institutions across Mexico and Peru, today announced financial results for the first quarter and three months ended March 31, 2025. First Quarter 2025 Highlights (compared to first quarter 2024):New enrollments decreased 2%, up 7% adjusted for the timing of semester start dates. Total enrollments increased 4%, up 6% adjusted for the timing of semester start dates. On a reported basis, revenue decreased 14% to $236.2 million. On an organic constant currency basis1, revenue decreased 1% and was unfavorably affected by approximately $26 million of intra-year academic calendar timing attributable to later semester start...

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AVRICORE HEALTH CORPORATE UPDATE: 2024 record year, UK expansion on track

VANCOUVER, British Columbia, May 01, 2025 (GLOBE NEWSWIRE) — AVRICORE HEALTH INC. (TSXV: AVCR) (the “Company” or “Avricore”) reports on its year end 2024 andIn the year ended December 31, 2024 revenue increased by 37% year over year to $4,785,711 and gross profit increased by 56% to $1,880,306. In the three months ended December 31, 2024 revenue increased by 5% year over year to $1,421,076 and gross profit increased by 18% to $589,930.“Launching and expanding HealthTab™ in North East London has been a meaningful milestone in our UK strategy and a testament to the vital role pharmacists can play in preventing chronic disease,” said Hector Bremner, CEO of Avricore Health. “By integrating with NHS systems and working alongside leading healthcare partners, we’re delivering the most accurate, scalable and data-driven...

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Kayne Anderson Energy Infrastructure Fund Announces Distribution of $0.08 per Share for May 2025

HOUSTON, May 01, 2025 (GLOBE NEWSWIRE) — Kayne Anderson Energy Infrastructure Fund, Inc. (the “Company”) announced today a monthly distribution of $0.08 per share for May 2025. This distribution is payable to common stockholders on May 30, 2025 (as outlined in the table below). The Company declares distributions on a monthly basis, with its next distribution expected to be declared in early June. Payment of future distributions is subject to the approval of the Company’s Board of Directors, as well as meeting the covenants on the Company’s debt agreements and the terms of its preferred stock.Record Date /Ex-Date Payment Date Distribution Amount Return of CapitalEstimate5/15/25 5/30/25 $0.08 40%(1)(1) This estimate is based on the Company’s anticipated earnings and profits. The final determination of the tax character of...

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