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Month: June 2025

MediPharm Announces Complete Dismissal of Dissident Court Proceeding Related to Annual and Special Meeting

TORONTO, June 11, 2025 (GLOBE NEWSWIRE) — MediPharm Labs Corp. (TSX: LABS) (OTCQB: MEDIF) (FSE: MLZ) (“MediPharm” or the “Company”), a pharmaceutical company specialized in precision-based cannabinoids, today announced that the Superior Court of Justice – Ontario (Commercial List) (the “Court”) has fully dismissed the application (CV-25-00743454-00CL) (the “Application”) issued by Apollo Technology Capital Corporation (“Apollo”) and Nobul Technologies Inc. (together with Apollo, the “Applicants”) against the Company on May 16, 2025 (the “Notice”). The Applicants sought an order from the Court, amongst other things, appointing a third-party independent chair to preside over the Annual and Special Meeting of Shareholders of the Company (the “Meeting”) on June 16, 2025. The Applicants argued that MediPharm has a “design or plan to...

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CSX Announces Ratification of Labor Deal with Locomotive Engineers

JACKSONVILLE, Fla., June 11, 2025 (GLOBE NEWSWIRE) — CSX Corporation (NASDAQ: CSX) today announced that employees represented by the Brotherhood of Locomotive Engineers and Trainmen (BLET) have voted to ratify the five-year collective bargaining agreement covering approximately 3,400 locomotive engineers. This is the first ratification reached by a Class I freight railroad with BLET. “The ratified agreement demonstrates the value of our partnership with BLET, our CSX General Chairmen, and our shared commitment to improving the day-to-day experience for our locomotive engineers,” said Joe Hinrichs, President and CEO of CSX. “I want to thank our engineers for their unwavering dedication to our customers and the communities in which we live and work. This is a significant milestone for our people and the future of our railroad.” The...

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NVIDIA Stockholder Meeting Set for June 25; Individuals Can Participate Online

SANTA CLARA, Calif., June 11, 2025 (GLOBE NEWSWIRE) — NVIDIA today announced it will hold its 2025 Annual Meeting of Stockholders online on Wednesday, June 25, at 9 a.m. PT. The meeting will take place virtually at www.virtualshareholdermeeting.com/NVDA2025. Stockholders will need their control number included in their notice or proxy card to access the meeting and may vote and submit questions while attending the meeting. Non-stockholders are welcome to attend by going to the above link and registering under “Guest Login.” The matters to be voted on at the meeting are set forth in the company’s proxy statement filed on May 13, 2025, with the U.S. Securities and Exchange Commission. The proxy statement is available at www.nvidia.com/proxy. A replay of the 2025 annual meeting webcast will be available until June 24, 2026, at www.nvidia.com/proxy. About...

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New High Accuracy Current Sense Amps Compatible with Both Negative and High Voltages

ROHM’s New Lineup of High Accuracy Current Sense AmpsThe BD1423xFVJ-C and BD1422xG-C series are qualified under the AEC-Q100 automotive reliability standard.Current Sense Accuracy ComparisonROHM’s new current sense amplifier IC vs conventional configurationSanta Clara, CA and Kyoto Japan, June 11, 2025 (GLOBE NEWSWIRE) — ROHM Semiconductor today announced they have developed a new lineup of high accuracy current sense amps – the BD1423xFVJ-C and the BD1422xG-C. Both series are qualified under the AEC-Q100 automotive reliability standard. The BD1423xFVJ-C series, offered in the TSSOP-B8J package, supports input voltages up to +80V, making it ideal for high-voltage environments such as 48V DC-DC converters, redundant power supplies, auxiliary batteries, and electric compressors. The lineup includes...

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Arra Finance To Acquire Crescent Auto Finance, Rapidly Scaling Its Subprime Auto Finance Platform

Deal to quadruple auto finance origination capacity and reduce credit application response time to a matter of seconds IRVING, Texas, June 11, 2025 (GLOBE NEWSWIRE) — Arra Finance, LLC (“Arra” or the “Company”), a subprime indirect auto finance company, today announced that it has entered into a definitive agreement to acquire the auto financing division of Crescent Bank (“Crescent”), a New Orleans-based FDIC insured bank with approximately $1 billion in assets that has provided nationwide indirect auto lending since 1991. The deal accelerates the rapid expansion of Arra’s platform, enhancing its technology stack and analytics capacity well ahead of growth expectations. Crescent will retain its branch and online retail banking platforms, as well as its commercial lending program, and Arra will become the servicer for Crescent’s...

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Major Drilling Announces Fourth Quarter and Fiscal Year 2025 Results as Activity Ramps Up

MONCTON, New Brunswick, June 11, 2025 (GLOBE NEWSWIRE) — Major Drilling Group International Inc. (“Major Drilling” or the “Company”) (TSX: MDI), a leading provider of specialized drilling services to the mining sector, today reported results for the fourth quarter and fiscal year 2025, ended April 30, 2025.  Fiscal 2025 HighlightsRecorded revenue of $727.6 million compared to $706.7 million in the prior year period. EBITDA(1) of $101.3 million compared to $120.5 million in the prior year period. Completed the acquisition of Explomin, increasing the Company’s South American exposure, supplementing increased activity levels in the region. Invested $72.5 million in capital expenditures in anticipation of elevated levels of activity in fiscal 2026. Achieved a Total Recordable Incident Frequency Rate (“TRIFR”) of 0.74 for fiscal 2025,...

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Andrew Peller Limited Reports Financial Results for Fourth Quarter and Fiscal Year 2025

GRIMSBY, Ontario, June 11, 2025 (GLOBE NEWSWIRE) — Andrew Peller Limited (TSX: ADW.A / ADW.B) (“APL” or the “Company”) announced today results for the three and 12 months ended March 31, 2025. All amounts are expressed in Canadian dollars unless otherwise stated. FISCAL 2025 HIGHLIGHTSRevenue was $389.6 million, up 1.0% from $385.9 million in the prior year; Gross margin of 42.8%, up from 39.0% in the prior year; EBITA increased 25.0% to $62.9 million, from $50.3 million in 2024; Net earnings of $11.1 million ($0.26 per Class A Share), compared to net loss of $2.9 million (loss of $0.07 per Class A Share) in 2024; and Dividends of $0.246 per Class A Share and $0.214 per Class B Share.FOURTH QUARTER 2025 HIGHLIGHTSRevenue was $75.5 million, compared with revenue of $85.0 million in 2024; Gross margin of 52.6%, compared with...

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Inflection Point Acquisition Corp. III Announces the Separate Trading of its Class A Ordinary Shares and Rights, Commencing on or about June 16, 2025

NEW YORK, June 11, 2025 (GLOBE NEWSWIRE) — Inflection Point Acquisition Corp. III (Nasdaq: IPCXU) (the “Company”) announced that holders of the units sold in the Company’s initial public offering of 25,300,000 units, which includes 3,300,000 units issued pursuant to the exercise by the underwriters of their overallotment option, completed on April 28, 2025 (the “Offering”) may elect to separately trade the Class A ordinary shares and rights included in the units commencing on or about June 16, 2025. Any units not separated will continue to trade on The Nasdaq Global Market under the symbol “IPCXU”, and each of the Class A ordinary shares and rights will separately trade on The Nasdaq Global Market under the symbols “IPCX” and “IPCXR,” respectively. Holders of units will need to have their brokers contact Continental Stock Transfer...

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RadNet Secures $100 Million Incremental Term Loan to Fund Acquisitions and Corporate Initiatives

LOS ANGELES, June 11, 2025 (GLOBE NEWSWIRE) — RadNet, Inc. (NASDAQ: RDNT) (“RadNet”), a national leader in providing high-quality, cost-effective, fixed-site outpatient diagnostic imaging services, today announced that it has entered into Incremental Amendment No. 2 (the “Second Amendment”) to its Third Amended and Restated First Lien Credit and Guaranty Agreement, as amended (the “Existing Credit Agreement” and, as amended by the Second Amendment, the “Credit Agreement”). Pursuant to the Second Amendment, Barclays Bank PLC, as lender, committed to provide RadNet an incremental term loan in the aggregate principal amount of $100.0 million (the “2025 Incremental Term Loan”), which will be added to and form a part of the existing term loan under the Existing Credit Agreement (the “Existing Term Loan,” together with the 2025 Incremental...

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Stifel Announces Victor Nesi to Retire as Co-President and Head of Institutional Group; Joins Board of Directors

ST. LOUIS, June 11, 2025 (GLOBE NEWSWIRE) — Stifel Financial Corp. (NYSE: SF) today announced that Victor Nesi, Co-President and Head of the Institutional Group, will retire from his day-to-day operating responsibilities effective July 1, 2025, after 16 years of distinguished service. Mr. Nesi will, however, continue to serve the firm, simultaneously joining its Board of Directors. “Victor has been instrumental in building the platform we have today,” said Ronald J. Kruszewski, Chairman and CEO of Stifel. “The transformation of our Institutional Group under his guidance is one of the great success stories in our firm’s history. His strategic vision, leadership, and relentless focus on client service elevated Stifel into a major player in the investment banking world. On a personal level, I am grateful for Victor’s partnership and...

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