News by subject: Business Update

Siteimprove, the leading platform that empowers brands to stand out with engaging, accessible, and high-performing digital content experiences, today announced key appointments to its growing executive leadership team. These hires are designed to...

New York Life, America's largest1 mutual life insurer, today announced that the company's Board of Directors has elected Chief Executive Officer (CEO) and President Craig DeSanto as the next Chair of the Board, effective April 15, 2023. Mr. DeSanto,...

D-Wave Quantum Inc. , a leader in quantum computing systems, software, and services and the world's first commercial supplier of quantum computers, today announced new and renewed commercial customer engagements along with product updates for its...

Helbiz , a global leader in shared electric micro-mobility, announced today that it will be discontinuing operations in non-profitable or cash-positive markets by spring 2023. The decision was reached following a comprehensive review of the Company's...

StorPool Storage wrapped up operations for the 2022 calendar year buoyed by solid business growth, worldwide industry recognition, enhanced updates to its storage platform with the delivery of world-class support services. The company plans to...

Mawson Infrastructure Group Inc. ("Mawson" or the "Company"), a digital infrastructure provider, announced today its unaudited Bitcoin production and operational update for December 2022. James Manning, CEO commented, "December was a record month...

Wienerschnitzel, the world's largest hot dog franchise, has proudly debuted a limited-time franchise incentive program. The newly launched ?Hot Dogs for Profits' initiative is designed to attract qualified franchisees eager to be part of the legacy...

LenderClose, a fintech company that is making the home equity lending process simpler, faster, and more scalable through its cloud-based platform, today announced a rebrand to Coviance. The new brand reflects the company's next phase of growth; as a...

CI Financial Corp. ("CI") today reported preliminary total assets of $375.8 billion as at December 31, 2022, consisting of asset management assets of $117.8 billion, Canadian wealth management assets of $77.5 billion, and U.S. wealth management...

Cleveland-Cliffs Inc. today announced that it is increasing current spot market base prices for all carbon hot rolled, cold rolled and coated steel products by a minimum of $50 per net ton, effective immediately with all new orders. To begin 2023,...

Arizona Sonoran Copper Company Inc. ("ASCU" or the "Company") today announces 60% completion of its 105,000 ft (32,000 m) infill to indicated drilling program at Parks/Salyer ("P/S"), located ~1.3 mi (2 km) southwest of the Company's Cactus Mine...

Five9, Inc. , a leading provider of the intelligent cloud contact center, today announced the opening of its new European Research and Development Hub in Porto, Portugal. The office will serve as the company's European engineering headquarters, with...

Fastenal Company is proud to announce the publication of its inaugural ESG Report. The report, which recaps Fastenal's progress in various environmental, social, and governance aspects during 2021, marks a significant step forward in the company's...

Matías Videla, Chief Executive Officer, commented: "Our Guidance in 2023 reflects the momentum in the execution of our strategic plan, which prioritizes and enhances the businesses and markets with the highest profitability and growth potential....

As one of the world's top five electronic Point of Sale (POS) system suppliers, Posiflex Technology is wrapping up a particularly banner year for 2022, benefiting from vigorous refurbishments in retail and hospitality industries during the post...

Madison Square Garden Entertainment Corp. today announced that it is moving forward with the spin-off of its traditional live entertainment business, which includes a diverse collection of venues in New York and Chicago, the Company's entertainment...

Rockefeller Capital Management ("Rockefeller" or the "Firm") today announced the addition of Ladage, Smith, Garcia Wealth Partners to its Rockefeller Global Family Office ? the firm's first private advisor team to be headquartered in Austin, Texas....

NI ("NI" or the "Company") today announced that its Board of Directors ("the Board") has initiated a review and evaluation of strategic options, in consultation with its financial and legal advisors, with the intent to unlock and maximize...

Valaris Limited ("Valaris" or the "Company") today issued a Fleet Status Report that provides the current status of the Company's fleet of offshore drilling rigs along with certain contract information for these assets. The Fleet Status Report can...

WWE today announced that it has retained The Raine Group, LLC as financial advisor, Kirkland & Ellis LLP as legal advisor, and August LLC as strategic communications advisor to support WWE's management team and its Board of Directors in connection...

In accordance with Rule 2.12 of the Irish Takeover Panel Act, 1997, Takeover Rules, 2022 (the "Irish Takeover Rules"), Horizon confirms that, as of the close of business on January 11, 2023, Horizon's issued ordinary share capital is comprised of...

TravelCenters of America Inc. , the nationwide operator and franchisor of the TA, Petro Stopping Centers and TA Express travel center brands signed 30 new franchise agreements in 2022, reaching its annual target. The company remains focused on...

HanesBrands Inc. , a global leader in iconic apparel brands, today announced that it expects to report fourth-quarter 2022 net sales slightly above the top end of its outlook range and adjusted operating profit at the midpoint of the range. The...

Minto Communities USA ("Minto") and The St. Joe Company ("St. Joe") announce that Latitude Margaritaville Watersound, located on Northwest Florida's Emerald Coast, sold its 1,000th home in December 2022. In addition, homeowners soon will enjoy the...

VICI Properties Inc. ("VICI Properties" or the "Company"), an experiential real estate investment trust, announced today that it has commenced an underwritten public offering of 24,000,000 shares of its common stock, all of which will be offered on...

Saint-Gobain, through its building products subsidiary CertainTeed LLC, today announced that the company intends to build a new, state-of-the art manufacturing facility and distribution center in Bryan, Texas, reaffirming its commitment to provide...

Altria Group, Inc. today announces that we will conduct an equity and civil rights assessment (Assessment). The Assessment follows last year's passage of a shareholder proposal recommending Altria commission a civil rights equity audit and seeks to...

Safe & Green Holdings Corp. ("Safe & Green Holdings" or the "Company"), a leading developer, designer, and fabricator of modular structures, announced today that the Company is actively working with top executive search firms and recruiting agencies...

Bonaventure, an integrated asset manager focused on the development, construction, and property management of innovative lifestyle multifamily communities in the Mid-Atlantic and Southeastern regions, today announced that its investment activities...

Gentuity, LLC, an advanced imaging technology firm, today announced the first human use of the Vis-MTM High-Frequency Optical Coherence Tomography (HF-OCT) imaging system and probe. This represents a significant technological advance for the field of...

smartTrade Technologies, a leading provider of end-to-end multi-asset electronic trading solutions headquartered in Aix-en-Provence, France, is delighted to report a highly successful 2022, during which the company has continued to build on the...

APi Group Corporation ("APG", "APi" or the "Company"), announced today that it intends to release its fourth quarter and full year financial results for the three months and full year ended December 31, 2022 before the market opens on Tuesday,...

WisdomTree, Inc. , a global financial innovator, today released monthly metrics for December 2022, including assets under management (AUM) and flow data by asset class. Key Highlights: 2022 net inflows over $12 billion, nearly 16% firm-wide...

Guerrilla RF, Inc. , an innovative fabless semiconductor company, announces today that it ended 2022 with strong fundamentals and business performance due to advanced products and engagements with leading customers in high-growth markets. At...

Babylon Holdings Limited ("Babylon" or the "Company") today confirmed that its revenue for the year ended December 31, 2022 is expected to exceed $1.05 billion on both a U.S. GAAP and International Financial Reporting Standards (IFRS) basis,...

New York City REIT, Inc. ("NYC" or the "Company") announced today that it completed a previously announced reverse stock split at a ratio of 1-for-8 (the "Reverse Stock Split"). The Reverse Stock Split took effect at 5:00 p.m. Eastern Time on...

Today, Coty, one of the world's largest beauty companies with a portfolio of iconic brands across fragrance, color cosmetics, skin and body care, and Jil Sander are happy to announce the renewal of their license agreement as well as the mutual...

Crucial Data Solutions, Inc. (CDS), a provider of innovative low-code/no-code software to advance clinical research, saw significant growth in 2022 for its leading data collection and study management solution, TrialKit. Over the course of the year,...

Xsolla, a leading global video game commerce company celebrates opening a new office in Kuala Lumpur, one of the fastest-growing cities in Asia and the largest city in Malaysia. This will be the largest Xsolla office globally outside of Los Angeles,...

Shipwell, a leading cloud transportation management, visibility, and freight procurement solutions provider, announced today exceptional financial and customer satisfaction highlights for 2022. Despite a difficult year for tech companies and...

Medalist Diversified REIT, Inc. (the "Company" or "Medalist"), a Virginia-based real estate investment trust that specializes in acquiring, owning and managing commercial real estate in the Southeast region of the U.S., announced that it has...

The energy sector has outperformed the S&P 500 by 146% over the last two years so investors often question if this cycle is about over. However, energy cycles typically don't end until the capital investment cycle has peaked and this one has just...

Franklin Resources, Inc. (Franklin Templeton) today reported preliminary month-end assets under management (AUM) of $1,387.5 billion at December 31, 2022, compared to $1,410.6 billion at November 30, 2022. This month's decrease in AUM reflected the...

Empire State Realty Trust, Inc. (the "Company"), is a REIT that owns and manages office, retail and multifamily assets in Manhattan and the greater New York metropolitan area. ESRT owns the Empire State Building, the World's Most Famous Building,...

Broadstone Net Lease, Inc. ("Broadstone," "BNL," the "Company," "we," "our," or "us"), today announced that its Board of Directors has approved a senior executive succession plan pursuant to which John Moragne, currently the Company's Executive Vice...

Dorsey & Whitney LLP has opened a new office in Boise, Idaho, the international law firm announced today. The new Boise office is the firm's 21st location and expands Dorsey's presence in the Mountain West region. Long-time Boise-based attorneys Nick...

Adimab, LLC, the global leader in the discovery and optimization of fully human monoclonal and bispecific antibodies, today announced that seven new partner programs entered clinical development in 2022, including programs by Biotheus, Dragonfly,...

uShip, the fast, easy, and affordable way to transport large items like furniture, vehicles, and freight, announced key 2022 results and the launch of new LTL (less-than-truckload) solutions. uShip also announced CEO Kris Lamb has stepped down to...

The Celo Foundation, which nurtures and promotes the mobile-first, carbon-negative layer-1 Celo blockchain and its ecosystem, reveals a reimagined brand identity and vision designed in collaboration with New York-based agency Red Antler, alongside a...

Verlingue, a subsidiary of the French Adelaïde Group, specialising in corporate protection, is continuing its external growth strategy with two new acquisitions that will consolidate its presence in the Grand Est region (France). Set up in 1997, the...