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Month: August 2025

Brompton Funds Declare Split Share Fund Distributions

TORONTO, Aug. 22, 2025 (GLOBE NEWSWIRE) — (TSX: DGS, DGS.PR.A, GDV, LBS, LCS, PWI, SBC) – Brompton Funds announces distributions payable on September 15, 2025 to class A shareholders of record at the close of business on August 29, 2025 for each of the following funds:  Ticker Amount Per ShareDividend Growth Split Corp. (“DGS”) DGS $ 0.10Global Dividend Growth Split Corp. (“GDV”) GDV $ 0.10Life & Banc Split Corp. (“LBS”) LBS $ 0.10Brompton Lifeco Split Corp. (“LCS”) LCS $ 0.075Sustainable Power Infrastructure Split Corp. (“PWI”) PWI $ 0.085Brompton Split Banc Corp. (“SBC”) SBC $ 0.10       Brompton Funds announces distributions payable on September 15, 2025 to preferred shareholders of record at the close of business on August 29, 2025 for the following fund:  Ticker Amount Per ShareDividend...

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NVIDIA Introduces Spectrum-XGS Ethernet to Connect Distributed Data Centers Into Giga-Scale AI Super-Factories

CoreWeave to Deploy NVIDIA Spectrum-XGS Ethernet With Scale-Across TechnologyNVIDIA Spectrum-XGS EthernetSpectrum-XGS Ethernet, a scale-across technology for combining distributed data centers into unified, giga-scale AI super-factories.PALO ALTO, Calif., Aug. 22, 2025 (GLOBE NEWSWIRE) — Hot Chips — NVIDIA today announced NVIDIA® Spectrum-XGS Ethernet, a scale-across technology for combining distributed data centers into unified, giga-scale AI super-factories. As AI demand surges, individual data centers are reaching the limits of power and capacity within a single facility. To expand, data centers must scale beyond any one building, which is limited by off-the-shelf Ethernet networking infrastructure with high latency and jitter and unpredictable performance. Spectrum-XGS Ethernet is a breakthrough addition to...

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CSX, BNSF announce new intermodal services, offering seamless coast-to-coast rail solutions

JACKSONVILLE, Fla. and FORT WORTH, Texas, Aug. 22, 2025 (GLOBE NEWSWIRE) — CSX Corporation (NASDAQ:CSX) (CSX) and BNSF today announced several new intermodal service products that will offer customers seamless, efficient, coast-to-coast solutions to ship between the western and eastern U.S. New services will include:The introduction of new, coast-to-coast, direct domestic intermodal services between Southern California and Charlotte, North Carolina and Jacksonville, Florida. In addition, a new service will also be launched between Phoenix, Arizona, and Atlanta, Georgia, aiming to convert over-the-road (OTR) freight to rail through a seamless product between the two railroads. The introduction of new direct international intermodal services between the Port of New York and New Jersey, and Norfolk, Virginia, and Kansas City.Between...

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TransPerfect Solidifies Leadership Position in Language AI by Acquiring Unbabel

Unbabel’s Industry-Leading TowerLLM and COMET AI Tools Join TransPerfect’s GlobalLink Tech Stack NEW YORK and LISBON, Portugal, Aug. 22, 2025 (GLOBE NEWSWIRE) — TransPerfect, the world’s largest provider of language and AI solutions for global business, today announced that it has acquired Unbabel, a market leader in language AI. Financial terms of the transaction were not disclosed. Founded in Lisbon in 2013, Unbabel is a pioneer in translation AI with a mission to use AI to break language barriers and build customer trust through consistent, high-quality multilingual experiences across marketing and customer service. The company is a graduate of Y Combinator, a US-based startup accelerator that counts Airbnb, Coinbase, Instacart, Reddit, Stripe, and Twitch among its alumni. Unbabel’s flagship language model, TowerLLM, is...

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Mount Logan Capital Inc. Announces Adjournment of its Special Meeting of Shareholders to August 29, 2025

TORONTO, Aug. 22, 2025 (GLOBE NEWSWIRE) — Mount Logan Capital Inc. (Cboe Canada: MLC) (“Mount Logan” or the “Company”) announced today that, at the special meeting of shareholders of the Company convened on Friday, August 22, 2025 at 10:00 a.m. (Eastern Time) via live audio webcast (the “Meeting”) and called for the purpose of considering and voting in respect of the various resolutions necessary to authorize the proposed business combination to combine Mount Logan and 180 Degree Capital Corp. (“180 Degree Capital”) under a new publicly traded company (“New Mount Logan”) to be listed on Nasdaq Capital Market (the “Business Combination”), after confirmation that quorum was present, no formal business was conducted and the Meeting was adjourned to August 29, 2025 at 9:00 a.m. (Eastern Time) (the “Reconvened Meeting”). The Reconvened...

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FG Communities Completes Acquisition in Greenville, SC

Acquisition is first in popular tourist destination CHARLOTTE, N.C., Aug. 22, 2025 (GLOBE NEWSWIRE) — FG Communities, whose mission is to preserve and improve affordable housing by acquiring and operating manufactured housing communities, is excited to announce its most recent acquisition in Greenville, SC. The community contains 88 homesites on approximately 22 acres. Greenville has become a popular tourist destination. Residents of the community can take advantage of the area’s vibrant culinary and arts scene, and outdoor activities including hiking, fishing and kayaking, are only a short drive away. Greenville is one of the fastest growing cities in South Carolina. The influx of new residents over the past several years has led to an increase in real estate prices. The Greenville manufactured housing community offers our residents...

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SEGG Media Applauds Success of Inaugural Racing Women Training Camp, powered by Sports.com

A Media Snippet accompanying this announcement is available by clicking on this link. LONDON, Aug. 22, 2025 (GLOBE NEWSWIRE) — SEGG Media Corporation (NASDAQ: SEGG, LTRYW) (“SEGG Media” or the “Company”), a global leader in sports, entertainment, and gaming, today announced the resounding success of the inaugural Racing Women Training Camp, powered by Sports.com. The four-day program, which concluded yesterday, was designed to prepare the next generation of female drivers for careers in motorsport and represents another step in SEGG Media’s commitment to fostering inclusivity, brand expansion, and building shareholder value through strategic sponsorships and partnerships. The event brought together eight talented female drivers from the USA, UK, Hungary, Dubai, and Qatar for an immersive training journey across Silverstone, Milton...

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Jeffs’ Brands: Fort Technology Announces Closing of a CAD 5 Million Private Placement of Convertible Debenture Representing a Valuation of Approximately CAD 27 million

Tel Aviv, Israel, Aug. 22, 2025 (GLOBE NEWSWIRE) — Jeffs’ Brands Ltd (“Jeffs’ Brands” or the “Company”) (Nasdaq: JFBR, JFBRW), a data-driven e-commerce company operating on the Amazon Marketplace, today announced that Fort Technology Inc. (“Fort”) (TSXV: FORT), a TSX Venture Exchange-listed company in which Jeffs’ Brands holds 75.02%, has closed its previously announced private placement of convertible debentures (the “Convertible Debentures”) for gross proceeds of CAD 5 million (the “Private Placement”). The Convertible Debentures will mature on the date that is two years from the date of issuance (the “Maturity Date”) and bear interest at a rate of 10% per annum, payable quarterly, with the first payment covering the period from closing of the Private Placement to September 30, 2025. At the option of the holder, the principal...

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EnWave Reports 2025 Third Quarter Consolidated Interim Financial Results

VANCOUVER, British Columbia, Aug. 22, 2025 (GLOBE NEWSWIRE) — EnWave Corporation (TSX-V:ENW | FSE:E4U) (“EnWave”, or the “Company”) today reported the Company’s consolidated interim financial results for the third quarter ended June 30, 2025. All values in thousands and denoted in CAD unless otherwise stated.Reported revenue for Q3 2025 of $2,744, an increase of $122 relative to the comparable period in the prior year. During the period, there was the completed fabrication of a large-scale 120kW REV™ machine for Procescir of Mexico and the initial fabrication of two 60kW REV™ machines sold to Microdried, EnWave’s longest standing royalty partner. Reported royalty revenues for Q3 2025 of $431, an increase of $6 relative to the comparable period in the prior year. Royalties grew due to the increased number...

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Worldline : S&P Global ratings downgrade

Following S&P Global Ratings’ decision to move Worldline’s credit rating to BB, the Group confirms its continued focus on financial discipline Paris, La Défense, August 22, 2025 – Worldline [Euronext: WLN], a global leader in payment services, notes S&P Global Ratings’ downgrade of its credit rating. On Friday 22, August 2025, following H1’25 results publication, S&P Global Ratings has taken the action to downgrade Worldline rating. S&P Global Ratings’ adjusted long-term credit rating of Worldline is at BB with a negative outlook (from BBB-, negative outlook) and short-term credit rating at B (from A-3). Worldline has taken note of this decision and would like to point out that:This decision has no impact on its current funding, debt maturities and marginal cost impact 2025/2026 refinancing needs are already fully...

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