News by subject: Business Update

Otsuka Pharmaceutical Development & Commercialization, Inc. (Otsuka) and Sunovion Pharmaceuticals Inc. (Sunovion) today announced that the first patient has been enrolled in a Phase 2/3 clinical study to evaluate ulotaront (SEP-363856), a trace...

Fortune Brands Home & Security, Inc. , an industry-leading home and security products company, today announced that the U.S. Securities and Exchange Commission has declared effective the Registration Statement on Form 10 filed by MasterBrand, Inc....

Leading online assessment provider, Questionmark, has unveiled a host of new sector-leading software designed to make testing fairer and more accessible than ever before. Questionmark, who design and build a range of intuitive cutting-edge...

Horizen Labs today announced plans to make its Web3 advisory service a standalone business. The new entity, called ?Horizen Labs Ventures' or HLV, will leverage its deep industry knowledge to provide Web3 advisory services while Horizen Labs doubles...

Arco Platform Limited, or "Arco" or the "Company" , today announced that its board of directors has received a preliminary non-binding proposal (the "Proposal") dated November 30, 2022 from General Atlantic L.P. ("General Atlantic") and Dragoneer...

Tachus Fiber Internet, one of the fastest growing high-speed fiber Internet providers in Texas, today announced that it is now providing its reliable, lightning-fast Internet service to more than 25,000 customers. "Tachus is excited to light our...

CoStar Group ? a leading provider of online real estate marketplaces, information, and analytics in the commercial and residential property markets ? today announced the next steps in its integration of Homes.com and Homesnap. This month CoStar...

PVH Corp. [NYSE: PVH] announced it has extended most of its license agreements with G-III Apparel Group, Ltd. for Calvin Klein and TOMMY HILFIGER in U.S. and Canada, largely pertaining to the women's North America wholesale business. Both the Calvin...

General Electric Company ("GE") announced today that its Board of Directors has approved the previously announced spin-off of its healthcare business, GE Healthcare Holding LLC ("GE HealthCare"). Prior to such spin-off, GE HealthCare is expected to...

Today, Enviva Inc. , the world's leading producer of sustainably sourced woody biomass, held a ceremonial ribbon cutting at its recently opened marine export terminal at the Port of Pascagoula, Mississippi (MS). The event commemorates Enviva's...

Allison Transmission is honored to celebrate the 50-year anniversary of its business presence in Japan, an important milestone in the successful partnership between Allison and Japanese commercial vehicle equipment manufacturers. "We are proud of...

Electric motor design and software company ECM PCB Stator Technology has re-located its headquarters to a newly constructed 6000 square feet corporate headquarters in Needham Heights, Massachusetts while also expanding its Bozeman, Montana operation...

Teampay, the all-in-one-purchasing platform, today announced it raised $47 million in Series B funding led by existing investor Fin Venture Capital. New investors Mastercard, Proof Ventures, Trestle, and Espresso Capital supported the oversubscribed...

PTP, Unlocking the Potential of the Cloud, announced today that it has achieved Amazon Web Services (AWS) Level 1 Managed Security Service Provider (MSSP) Competency status. This designation recognizes that PTP has successfully met AWS's requirements...

Targeting both significant revenue growth and category leadership in sustainable ski and outdoor products, the Rossignol Group this month unveiled a new strategic plan ? called Ascension 2026 ? that commits to investing $50 million between now and...

Jiko, a financial network that revolutionizes how money is stored and moved, today announced that it has traded over $1B in T-bills since the summer 2022 launch of its corporate offering, Jiko Money Storage, which provides on-demand liquidity by...

Forum Energy Technologies, Inc. announced today that it has closed a sale of four manufacturing and distribution centers located in Texas and Louisiana. The properties will remain an integral part of FET's operations strategy going forward. In...

NewHold Investment Corp. II ("NHIC" or the "Company") announced today that it has filed a proxy statement to seek stockholder approval to adopt two amendments to its Amended and Restated Certificate of Incorporation ("Charter"). The "Extension...

DataStax, the real-time data company, today announced a strong Q3 FY23 marked by strategic collaborations, ecosystem expansion, and continued technical innovations that enhance the performance of real-time data systems all built on trusted open...

Accenture has made a strategic investment, through Accenture Ventures, in KETOS, Inc., a data intelligence innovator that uses a proprietary technology platform to help organizations monitor and address water efficiency and quality. KETOS is the...

Audax Private Equity ("Audax") announced a strategic growth investment in Salon Lofts ("the Company"), one of the largest developers and operators of company-owned salon suites. This investment will support Salon Lofts in its mission to provide...

Wejo Group Limited ("Wejo" or the "Company"), a global leader in cloud and software analytics for connected, electric, and autonomous mobility, today announced financial results and key performance indicators ("KPIs," as defined under the Non-GAAP...

Americas Gold and Silver Corporation ("Americas" or the "Company"), a growing North American precious metals producer, is pleased to announce that the Ontario Superior Court of Justice has ruled that the putative class action lawsuit brought...

Perfect Corp. ("Perfect" or the "Company"), a global leader in providing augmented reality ("AR") and artificial intelligence ("AI") Software-as-a-Service ("SaaS") solutions to beauty and fashion industries, today announced its unaudited financial...

Nimbus Therapeutics, a clinical-stage company that designs and develops breakthrough medicines through its powerful computational drug discovery engine, today announced positive topline results from a Phase 2b clinical trial evaluating the allosteric...

BioMed Realty ("BioMed" or the "Company"), a Blackstone portfolio company and leading provider of real estate solutions to the life science and technology industries, received approval of plans to deliver 600,000 square feet of purpose-built...

Pitney Bowes Inc. , a global shipping and mailing company that provides technology, logistics, and financial services, outlined their business strategy today at the Bank of America Securities 2022 Leveraged Finance Conference. Jason Dies, Executive...

Mike Sievert, president & chief executive officer of T-Mobile US, Inc. , will present and provide a business update on Tuesday, December 6, 2022 at 3:50 p.m. Eastern Time (ET) at the UBS Global TMT Conference. A live webcast of the event will be...

Ian Martin and Ian Martin Workforce, two of North America's largest, purpose-driven staffing companies, announced today that they are rebranding as Raise. Raise was initially launched in April 2021, as a new division of the Ian Martin Group, to...

Sage Dental, a leading dental service organization committed to providing consistent, high-quality care, as well as non-clinical business and administrative services to affiliated practices, today announced the acquisition of two new dental practices...

Bluejay Capital Partners, LLC ("Bluejay Capital"), a specialist in logistics and transportation industry investing, has completed its acquisition of Best Warehousing and Transportation Inc ("BWT"), a leading B2B warehousing and transportation...

Saint-Gobain North America, through its building products subsidiary CertainTeed LLC, has upgraded equipment at its roofing plant in Shakopee, Minnesota, which is projected to save over 5,000 MWh of electricity per year and reduce carbon emissions....

GDH Consulting, Inc., a workforce solutions provider helping companies meet their recruitment goals, announced today the emergence of its enhanced brand, furthering its mission to build opportunities, exceed expectations, foster community, and tailor...

Sryas, a leading global technology company specializing in data, advanced analytics, software development, application modernization, and systems integration, today announced the successful completion of the internationally recognized ISO...

Zymeworks Inc. , a clinical-stage biopharmaceutical company developing multifunctional biotherapeutics, today announced that the waiting period under the Hart-Scott-Rodino (HSR) Antitrust Improvements Act of 1976, as amended, for the previously...

Navitas Assurance Partners today announced its formation as a managing general underwriter to provide alternative energy assurance solutions through investment grade trade credit and commercial surety providers. The use of trade credit insurance and...

Rubicon Carbon ("Rubicon" or "the Company") today announced its launch as a market-based products and solutions platform to help lead the next generation of the carbon market. With an initial capital commitment of $300 million from TPG Rise Climate,...

Mirum Pharmaceuticals, Inc. , today announced the decision to discontinue the OHANA study of volixibat in intrahepatic cholestasis of pregnancy (ICP) due to enrollment feasibility. ICP is a setting of cholestasis during pregnancy with pruritus and...

Mispro Biotech Services, a contract vivarium organization (CVO) with three locations in the metro Boston area, will open a fourth location in Boston's Seaport district in early Summer 2023. Mispro's Seaport location will offer 10k sq ft of...

Silgan Holdings Inc. , a leading supplier of sustainable rigid packaging for the world's essential consumer goods products, announced today that it entered into a new amended and restated stockholders agreement with its co-founders, D. Greg Horrigan...

Alpha Cognition Inc. ("Alpha Cognition", or the "Company"), a biopharmaceutical company committed to developing novel therapies with the potential to transform the lives of people with debilitating neurodegenerative disorders, today reported...

UnitedHealth Group issued financial guidance ahead of its annual Investor Conference which takes place on November 29, beginning at 8:00 a.m. ET. UnitedHealth Group revenues for 2022 are now expected to be approximately $324 billion. Net earnings...

Lomiko Metals Inc. ("Lomiko Metals" or the "Company") is pleased to announce the sixth round of analytical results from the infill and extension exploration drill program at its wholly-owned La Loutre Graphite property, located approximately 180...

Enveric Biosciences ("Enveric" or the "Company"), a biotechnology company dedicated to the development of novel small-molecule therapeutics for the treatment of anxiety, depression and addiction disorders, today announced the confidential submission...

HCLSoftware, a division of HCL Technologies (HCLTech), launched its new brand identity and logo, positioning of Fueling the Digital+ Economy. The brand-new positioning of this $1 billion+ software company reflects its commitment to customers and...

Workhuman®, the company revolutionising how employees celebrate, connect with, and appreciate each other in the workplace, today announced its 2021 revenues and billings, the appointment of a new board member, and the investment of ?2.8M to expand...

The Korea Fund, Inc. (the "Fund") announced today that on November 29, 2022 at 9.00a.m. EST , John Cho, Portfolio Manager of The Korea Fund, Inc. will be providing an update on the Fund. Over 30 minutes John will provide an update on the Fund,...

FEELM has adopted an energy management system in order to reduce greenhouse gas emissions and energy consumption. The system collects real-time data on electricity use during production, allowing factories to make adjustments to maximize efficiency....

Horizon Acquisition Corporation II ("Horizon"), a special purpose acquisition company, announced today that it expects to transfer its listing from The New York Stock Exchange to the NYSE American LLC ("NYSE American"), where it has been approved...

Liberty Media Corporation ("Liberty Media") announced today the closing of the refinancing of the first lien Term Loan B and first lien revolving credit facility of certain subsidiaries of Delta Topco Limited, the Liberty Media subsidiary which...