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Month: February 2026

Smartkem Welcomes State-Level Support for Carbonium Core’s Proposed Nuclear Graphite Manufacturing Unit

Proposed transaction with Carbonium Core, Inc. to establish domestic nuclear-grade graphite manufacturing in Tennessee, USA *for illustrative purposes only MANCHESTER, United Kingdom, Feb. 03, 2026 (GLOBE NEWSWIRE) — Smartkem, Inc. (Nasdaq: SMTK), (“Smartkem” or the “Company”), a leader in advanced materials, today announced that Carbonium Core, Inc. (“Carbonium Core”), with whom Smartkem recently announced a non-binding letter of intent (“LOI”), has received state-level support for its proposed nuclear graphite manufacturing unit. Carbonium Core is a U.S.-based advanced materials company focused on the domestic production of nuclear graphite. State Senator Jessie Seal, Vice-Chairman of the Tennessee Senate Energy, Agriculture and Natural Resources Committee welcomed Carbonium Core’s planned nuclear graphite manufacturing presence...

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Tornator Grew to a New Level: Group Revenue EUR 232 Million and Balance Sheet EUR 4 Billion – Forest Assets Exceeded 800,000 Hectares

  Tornator Grew to a New Level: Group Revenue EUR 232 Million and Balance Sheet EUR 4 Billion – Forest Assets Exceeded 800,000 Hectares Financial Statements release – 3 February 2026 at 3 pm SUMMARY FOR THE PERIOD 1 January – 31 December 2025 ·Turnover increased to EUR 232.2 million (+9.0%). Strong demand raised timber sales prices early in the year, and well-planned timber sales batches met customer needs throughout the year. ·Adjusted operating profit rose again to a new record of EUR 168.4 million (154.1), as did operational net profit, EUR 114.4 million (103.2). ·Operating profit at fair value was EUR 298.4 million (189.9) and net profit EUR 217.2 million (132.5). Equity amounted to EUR 2.3 billion (2.2), and return on equity at fair value was 9.5%. ·The fair value of the Group’s forest assets increased to EUR 3.8 billion (3.6),...

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Cipher Mining Inc. Announces Proposed Offering of $2.00 Billion of Senior Secured Notes

NEW YORK, Feb. 03, 2026 (GLOBE NEWSWIRE) — Cipher Mining Inc. (NASDAQ: CIFR) (“Cipher” or the “Company”), a leading developer and operator of industrial-scale data centers, today announced that its wholly-owned subsidiary, Black Pearl Compute LLC (the “Issuer”), intends to offer, subject to market conditions and other factors, $2.00 billion aggregate principal amount of senior secured notes due 2031 (the “Notes”), in a private offering to persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”) and to non-U.S. persons outside of the United States pursuant to Regulation S under the Securities Act. The Issuer intends to use the net proceeds from the offering (1) to finance the remaining cost of the Black Pearl Facility, a high-performance...

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Bread Financial to Participate in the Bank of America 2026 Financial Services Conference

COLUMBUS, Ohio, Feb. 03, 2026 (GLOBE NEWSWIRE) — Bread Financial® Holdings, Inc. (NYSE: BFH), a tech-forward financial services company that provides simple, personalized payment, lending, and saving solutions, today announced the company’s participation in the Bank of America 2026 Financial Services Conference on Tuesday, February 10. Bread Financial President and Chief Executive Officer Ralph Andretta, along with EVP and Chief Financial Officer Perry Beberman will participate in a fireside chat. The fireside chat will take place at 3:30 p.m. ET and will be broadcast live here. The fireside chat can also be accessed through Bread Financial’s investor relations website. A replay of the webcast will be available for 90 days following the event. About Bread Financial®Bread Financial® (NYSE: BFH) is a tech-forward financial services...

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Abundia Global Impact Group Appoints Burns & McDonnell as Front-End Engineer for Waste Plastics-to-Fuels Facility

Company commences Phase 2 and drives toward a 2026 final investment decision on first commercial waste plastics-to-fuels facility HOUSTON, TX, Feb. 03, 2026 (GLOBE NEWSWIRE) — Abundia Global Impact Group, Inc. (NYSE American: AGIG) (“Abundia” or the “Company”), a low-carbon energy solutions company focused on converting biomass and plastics waste into high-value low-carbon fuels, announces it has appointed Burns & McDonnell as its lead engineer to deliver the Front-End Engineering and Design (FEED) package for its first waste-plastics-to-renewable products recycling facility in Baytown, Texas. Completing this milestone is a material step in Abundia’s path to the commercialization of its renewable chemicals and fuels division. The Company’s appointment of a FEED engineer represents significant progress as it embarks on Phase...

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FTI Consulting Appoints Intellectual Property Damages Expert Shelly Irvine as a Senior Managing Director

WASHINGTON, Feb. 03, 2026 (GLOBE NEWSWIRE) — FTI Consulting, Inc. (NYSE: FCN) today announced the appointment of Shelly Irvine as a Senior Managing Director in the Dispute Advisory Services practice within the firm’s Forensic and Litigation Consulting segment. Ms. Irvine, who is based in San Francisco, has nearly three decades of experience supporting clients with intellectual property (“IP”) matters. She has worked with clients across the United States, Asia, UK and continental Europe, both in a litigation support and testifying role as well as consulting on strategic IP issues, with a focus on life sciences, telecom, software and cloud computing, clean energy, and manufacturing. Ms. Irvine has provided testimony in federal and state court and in arbitration proceedings on cases related to damages for patent, copyright and trademark...

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Anavex Life Sciences to Announce Fiscal 2026 First Quarter Financial Results on Monday, February 9, 2026

Webcast and Conference Call To be Held Monday, February 9, 2026, 8:30 am ET NEW YORK, Feb. 03, 2026 (GLOBE NEWSWIRE) — Anavex Life Sciences Corp. (“Anavex” or the “Company”) (Nasdaq: AVXL), a clinical-stage biopharmaceutical company focused on developing innovative treatments for Alzheimer’s disease, Parkinson’s disease, schizophrenia, neurodevelopmental, neurodegenerative, and rare diseases, including Rett syndrome, and other central nervous system (CNS) disorders, today announced that it will issue financial results for its first quarter of fiscal 2026 on Monday, February 9, 2026. Management will host a conference call on Monday February 9, at 8:30 am ET to review financial results and discuss recent corporate developments. Following management’s remarks, there will be a question-and-answer session. Webcast / Conference...

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TopBuild Acquires Applied Coatings and Upstate Spray Foam

DAYTONA BEACH, Fla., Feb. 03, 2026 (GLOBE NEWSWIRE) — TopBuild Corp. (NYSE:BLD), a leading installer of insulation and commercial roofing and a specialty distributor of insulation and related building products to the construction industry in the United States and Canada, announced it acquired Applied Coatings and Upstate Spray Foam. Based in Winfield, N.Y., Applied Coatings and Upstate Spray Foam together generate approximately $20 million in annual revenue, primarily installing spray foam and fireproofing for the residential and commercial end markets in New York, Pennsylvania and Massachusetts. Robert Buck, President and CEO of TopBuild, said, “We are delighted to welcome the Applied Coatings and Upstate Spray Foam teams to the TopBuild family as we strengthen our presence in the Northeast and build on the team’s excellent track...

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PMGC Holdings Inc. Announces the Acquisition of SVM Machining, Inc.

NEWPORT BEACH, Calif., Feb. 03, 2026 (GLOBE NEWSWIRE) — PMGC Holdings Inc. (NASDAQ: ELAB) (“PMGC” or the “Company”), a diversified public holding company announced that it has completed the acquisition of SVM Machining, Inc. (“SVM”). Founded in 1997 by Mark Serpa, SVM (aka Silicon Valley Manufacturing) is a Northern California-based ISO 9001:2015 Certified CNC precision machining and manufacturing services company serving medical, aerospace, biotech & pharmaceutical, semiconductor, and transportation markets. This transaction represents PMGC’s third California based CNC machine shop acquisition to date, expanding PMGC’s growing footprint in precision manufacturing and furthering its strategy to assemble a multi-site machining platform serving aerospace, defence, medical and industrial industries. SVM Overview SVM is a precision...

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Hubbell Reports Fourth Quarter and Full Year 2025 Results

Shelton, CT, Feb. 03, 2026 (GLOBE NEWSWIRE) —HUBBELL REPORTS FOURTH QUARTER 2025 AND FULL YEAR RESULTSQ4 diluted EPS of $4.19; adjusted diluted EPS of $4.73 (up 15% y/y) Q4 net sales +12% (organic +9%; M&A +3%) Q4 operating margin 20.9%; adjusted operating margin 23.4% (up 140 bps y/y) FY 2025 diluted EPS of $16.54; adjusted diluted EPS of $18.21 (up 10% y/y) FY 2026 diluted EPS expected range of $17.30-$18.00; adj. diluted EPS of $19.15-$19.85SHELTON, CT. (February 3, 2026) – Hubbell Incorporated (NYSE: HUBB) today reported operating results for the fourth quarter and full year ended December 31, 2025. “Hubbell delivered double-digit growth in net sales, operating profit and diluted earnings per share in the fourth quarter” said Gerben Bakker, Chairman, President and CEO. “9% organic sales growth was driven...

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