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NUVISTA AND OVINTIV ANNOUNCE RECEIPT OF INVESTMENT CANADA ACT APPROVAL
Prnewswire· 2026-01-28 22:05
Core Viewpoint - The Government of Canada has approved the acquisition of NuVista Energy Ltd. by Ovintiv Inc., which is expected to close around February 3, 2026, following the approval from NuVista shareholders and clearance under the Competition Act [1]. Group 1: Transaction Approval - The acquisition has received approval under the Investment Canada Act [1]. - The Court of King's Bench of Alberta has granted the Final Order regarding the Transaction [1]. - NuVista shareholders approved the Transaction on January 23, 2026 [1]. Group 2: Closing Conditions - The Transaction is expected to close on or about February 3, 2026, subject to the satisfaction or waiver of customary closing conditions [1].
PlusAI Joins Daimler Truck North America and Penske Transportation Solutions as Presenting Sponsor for ACT Expo 2026
Globenewswire· 2026-01-20 18:00
Las Vegas, NV, Jan. 20, 2026 (GLOBE NEWSWIRE) -- PlusAI joins Daimler Truck North America and Penske Transportation Solutions as a presenting sponsor for ACT Expo 2026, the largest fleet technology expo and conference, taking place May 4 through 7 at the Las Vegas Convention Center. The addition of PlusAI highlights a defining transition for the trucking and commercial transportation industry, as artificial intelligence, automation, software-defined vehicles, and digital tools become more central to fleet o ...
All You Need to Know About Enact Holdings (ACT) Rating Upgrade to Buy
ZACKS· 2026-01-15 18:01
Enact Holdings, Inc. (ACT) could be a solid choice for investors given its recent upgrade to a Zacks Rank #2 (Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.Individual i ...
Rivian Founder and CEO RJ Scaringe and Mack Trucks President Stephen Roy Announced as Keynote Speakers for ACT Expo 2026
Globenewswire· 2026-01-13 15:08
LAS VEGAS, NV, Jan. 13, 2026 (GLOBE NEWSWIRE) -- ACT Expo, North America’s largest fleet technology conference and expo, today announced that Stephen Roy, President of Mack Trucks and Chairman of Volvo Group North America, and RJ Scaringe, Founder and CEO of Rivian, will deliver keynote addresses at ACT Expo 2026, bringing fleet decision-makers face-to-face with two of the most influential leaders shaping the future of commercial transportation. Taking place May 4 to 7, 2026, at the Las Vegas Convention Cen ...
Enact to Host Fourth Quarter 2025 Earnings Call February 4th
Globenewswire· 2026-01-08 21:20
Core Viewpoint - Enact Holdings, Inc. is set to release its fourth quarter earnings on February 3, 2026, with a conference call scheduled for February 4, 2026, to discuss the financial results [1]. Group 1: Earnings Release Information - The fourth quarter earnings release will be available after market close on February 3, 2026 [1]. - A conference call to review the financial results will take place on February 4, 2026, at 8:00 a.m. (ET) [1]. - Earnings release materials, including a summary presentation and financial supplement, will be accessible on the company's website at the time of release [1]. Group 2: Participation Details - Participants wishing to join the live Q&A session must pre-register to obtain a dial-in number and unique PIN [2]. - It is recommended to join the call at least 15 minutes in advance, although registration can occur at any time [2]. - A live webcast of the event will be available for those who do not plan to ask questions [2]. Group 3: Company Overview - Enact Holdings, Inc. operates primarily through its subsidiary, Enact Mortgage Insurance Corporation, and has been a leading U.S. private mortgage insurance provider since 1981 [4]. - The company focuses on helping individuals achieve homeownership by partnering with lenders to provide top-tier service and underwriting expertise [4]. - Enact aims to positively impact communities by empowering customers and their borrowers in a sustainable manner [4].
Enact Holdings price target raised to $45 from $41 at Goldman Sachs
Yahoo Finance· 2026-01-07 13:22
Group 1 - Goldman Sachs analyst Ryan Nash raised the price target on Enact Holdings (ACT) to $45 from $41 while maintaining a Neutral rating on the shares [1] - Regional banks underperformed the market by 200-300 basis points in 2025 due to macro concerns and credit worries, although stocks rallied 13% late in the year [1] - For 2026, factors such as solid loan growth, net interest income momentum, positive operating leverage, and improving returns are expected to support continued multi-year fundamental improvement, with credit risk identified as the main wildcard [1]
Aduro Clean Technologies Announces Closing of US$20 Million Underwritten Public Offering
Globenewswire· 2025-12-22 23:45
Core Viewpoint - Aduro Clean Technologies Inc. has successfully closed a public offering of common shares and warrants, raising approximately US$20 million to fund its clean technology initiatives [1][2]. Group 1: Offering Details - The offering consisted of 1,739,130 common shares and accompanying warrants to purchase 869,565 common shares [1]. - Each whole warrant has an exercise price of US$16.00 per share, is immediately exercisable, and will expire three years from the issuance date [1]. - The underwriters were granted a 45-day over-allotment option to purchase up to an additional 260,869 common shares and/or warrants for an additional 130,434 common shares [3]. Group 2: Use of Proceeds - The net proceeds from the offering will primarily be used for the construction of a Demonstration-Scale Plant, with any remaining funds allocated for ongoing research and development, general corporate purposes, and working capital [2]. Group 3: Regulatory Compliance - The offering was conducted under an effective shelf registration statement filed with the U.S. Securities and Exchange Commission (SEC) and a Canadian short form base shelf prospectus [4][5]. - The securities were offered and sold exclusively in the United States, with no sales to Canadian purchasers [4]. Group 4: Company Overview - Aduro Clean Technologies specializes in patented water-based technologies aimed at chemically recycling waste plastics and converting heavy crude and bitumen into more valuable oil [7]. - The company's Hydrochemolytic™ Technology utilizes water as a key agent in a low-temperature chemistry platform, transforming low-value feedstocks into valuable resources for the 21st century [7].
Aduro Clean Technologies Announces Pricing of US$20 Million Underwritten Public Offering
Globenewswire· 2025-12-19 13:00
Core Viewpoint - Aduro Clean Technologies Inc. has announced the pricing of its underwritten U.S. public offering, aiming to raise approximately US$20 million through the sale of common shares and accompanying warrants [1][2]. Group 1: Offering Details - The offering consists of 1,739,130 common shares and warrants to purchase 869,565 common shares, with gross proceeds expected to be around US$20 million before deductions [1]. - Each whole warrant has an exercise price of US$16.00 per share, is immediately exercisable, and will expire three years from the date of issuance [1]. - The underwriters have been granted a 45-day over-allotment option to purchase up to an additional 260,869 common shares and/or warrants for an additional 130,434 common shares [3]. Group 2: Use of Proceeds - The net proceeds from the offering will be used for expenditures related to the construction of Aduro's Demonstration-Scale Plant, with any remaining funds allocated for ongoing research and development, general corporate purposes, and working capital [2]. Group 3: Regulatory Information - The offering is being made under an effective shelf registration statement filed with the U.S. Securities and Exchange Commission (SEC) and a Canadian short form base shelf prospectus [4]. - The Base Shelf Prospectus has been filed with applicable securities commissions in Canada and the SEC, and is available for free on the respective websites [5]. Group 4: Company Overview - Aduro Clean Technologies specializes in developing patented water-based technologies for chemically recycling waste plastics, converting heavy crude and bitumen into lighter oil, and transforming renewable oils into higher-value fuels or chemicals [7]. - The company's Hydrochemolytic™ Technology utilizes water as a key agent in a low-temperature chemistry platform, aiming to convert low-value feedstocks into valuable resources for the 21st century [7].
Aduro Clean Technologies Graduates from Shell GameChanger Program
Globenewswire· 2025-12-16 13:00
Core Insights - Aduro Clean Technologies Inc. has successfully graduated from the Shell GameChanger program, marking a significant milestone in the development of its Hydrochemolytic™ Technology (HCT) aimed at decarbonizing the chemical sector [1][5] Group 1: Technology Development - The Hydrochemolytic™ Technology was recognized for its potential to produce high-quality hydrocarbons from mixed waste plastics, providing a promising route for decarbonization in chemical manufacturing [2] - Technical evaluations demonstrated that the patented chemistry achieved over 80 percent liquid hydrocarbons with reduced gas and char formation, indicating advantages in feedstock flexibility and process efficiency [3] - The technology is capable of converting complex, contaminated waste plastics into high-quality liquid hydrocarbons using readily available industrial equipment, supporting the transition to a circular economy [4] Group 2: Program Outcomes - Graduation from the Shell GameChanger program confirms the successful validation of Aduro's process-design model, enhancing confidence in scaling up from a continuous flow reactor to a Next Generation Process Pilot Plant and future Demonstration Plant [4][5] - The collaboration with Shell provided insights that are instrumental for optimizing process performance and the engineering design of the Demonstration-scale facility, which is targeted for an input capacity of approximately 8,000 tonnes per year [4] Group 3: Future Plans - Aduro plans to maintain communication with Shell to provide updates on the operations of its newly commissioned Pilot Plant and progress towards the Demonstration-scale facility [5] - The company is focused on advancing its Hydrochemolytic Technology and preparing for commercialization, following the successful conclusion of the external validation process [5]
Aduro Clean Technologies Collaborates with ECOCE to Advance Recycling of Flexible Plastic Packaging in Mexico
Globenewswire· 2025-12-03 13:00
Core Viewpoint - Aduro Clean Technologies Inc. and ECOCE have entered into a multi-year collaboration to evaluate Hydrochemolytic™ Technology (HCT) as a chemical recycling solution for flexible and mixed plastic packaging in Mexico, addressing a significant waste challenge in the country [1][4][10] Company Overview - Aduro Clean Technologies is focused on transforming lower value feedstocks into valuable resources using its patented Hydrochemolytic™ technology, which operates at moderate temperatures to convert waste plastics into liquid hydrocarbons suitable for petrochemical feedstocks [1][5][12] - ECOCE is a non-profit organization that manages Mexico's national packaging recycling plan, emphasizing the circular economy and sustainability in collaboration with the food and beverage industry [2][11] Collaboration Details - The collaboration aims to evaluate the application of HCT on real post-consumer flexible plastic packaging sourced through ECOCE's collection systems, with Aduro conducting structured testing to assess processability and product quality [3][7] - The partnership will begin in January 2026 and will involve a phased program where findings will guide future steps and potential business models for HCT-based recycling solutions in Mexico [8][9] Industry Context - Mexico generates approximately 60 kilograms of plastic waste per person annually, totaling an estimated six to seven million tonnes, with flexible plastic packaging being a rapidly growing category that poses recycling challenges [4][10] - The collaboration is positioned to address the difficulties in recycling flexible plastics, which often consist of multiple polymers and are not easily processed by existing systems, leading to high rates of incineration and landfill disposal [4][10]