Canaccord Genuity analyst Austin Moeller maintained a Buy rating at Vertical Aerospace Ltd. EVTL with a price target of $16.Last week, the company reported a third-quarter net loss of $45.7 million, compared to $41.8 million in the same quarter a year ago.The company has around 25 million Sterling pounds in cash. The new funding round is expected to close in the first quarter of 2025.The analyst writes about the recent $50 million capital commitment, but the investor focuses on the expected completion of th ...

Adaptimmune Announces Changes to its Executive Leadership Team Based in The UKDecember 19, 2024 7:30 AM EST | Source: Adaptimmune Therapeutics PLCHelen Tayton-Martin, Ph.D., M.B.A, Adaptimmune Co-Founder and Chief Business & Strategy Officer, will step down from the Company March 31, 2025Gavin Wood, Chief Financial Officer, will step down from the Company May 31, 2025 Philadelphia, Pennsylvania and Oxford, United Kingdom--(Newsfile Corp. - December 19, 2024) - Adaptimmune Therapeutics plc (NAS ...

Petrobras and Constellation Partnership - Petrobras has entered into a partnership with Constellation Oil Services to deploy the Amaralina Star drillship, a key move for Brazil's offshore oil and gas sector [1] - The three-year contract is valued at $528 million, including a $39 million mobilization fee and integrated services for offshore drilling operations [2] - The contract includes an option for a 315-day extension, ensuring continued operational capabilities for Petrobras [3] Strategic Offshore Operations - The Amaralina Star will operate in Brazil's northern equatorial margin and southern Pelotas basin, key regions for Petrobras' offshore oil production strategy [4] - The rig is currently active in the Campos Basin at the Roncador field and will undergo modifications and inspections before starting new operations in 2026 [5] Strengthening Industry Collaboration - The deal reinforces the long-standing partnership between Petrobras and Constellation, highlighting mutual trust and reliability [6] - Constellation's expertise and reliability have been instrumental in helping Petrobras achieve its production goals [6] Future of Brazil's Offshore Oil Industry - The contract marks a significant step in Brazil's offshore oil industry evolution, with Petrobras focusing on offshore reserves to maintain global leadership [7] - The Amaralina Star will enhance Petrobras' operational capabilities, targeting high-potential reserves in Brazil's offshore basins [8] - Petrobras is expanding its fleet of advanced drilling rigs and forming strategic partnerships to solidify its position as a global energy leader [9] Industry Impact - The $528 million deal is a milestone for Brazil's offshore oil industry, with the Amaralina Star expected to significantly boost Petrobras' production capabilities [10] - The collaboration between Petrobras and Constellation is set to drive expansion and innovation in offshore drilling [10]

NEW YORK, Dec. 17, 2024 /PRNewswire/ -- Purcell & Lefkowitz LLP announces that it is investigating Team, Inc. (NYSE: TISI) on behalf of the company's shareholders.  The investigation seeks to determine whether Team's directors breached their fiduciary duties in connection with recent corporate actions.If you are a shareholder of Team, Inc. and are interested in obtaining additional information regarding your rights and options, free of charge, please visit us at: https://pjlfirm.com/team-inc/You may also co ...

Retailer Costco Wholesale Corporation COST is the latest company to warn about the impact tariffs imposed by President-elect Donald Trump could have on higher prices for consumers.What Happened: Costco beat analyst estimates for revenue and earnings per share in the first-quarter financial results last week.While many investors and analysts were focused on higher membership fee revenue thanks to a price increase earlier this year and new milestones across items like deliveries, pharmacy, pizzas and Thanksgi ...

Key Leadership Appointments Bring New Skills and Capabilities to Organization EMERYVILLE, Calif., Dec. 13, 2024 /PRNewswire/ -- Kyverna Therapeutics, Inc. (Kyverna), a clinical-stage biopharmaceutical company focused on developing cell therapies for patients with autoimmune diseases, announced the recent appointments of Dan Maziasz as Chief Business Officer, Cara Bauer as Chief Human Resources Officer, and Tracy Rossin as Senior Vice President of Corporate Affairs, Communications and Investor Relations. "I' ...

MILWAUKEE, Dec. 12, 2024 /PRNewswire/ -- Associated Banc-Corp (NYSE: ASB) ("Associated") announced today the appointment of Steven Zandpour to its Executive Leadership Team (ELT), effective January 1, 2025.Zandpour, 48 will be executive vice president, deputy head of Consumer and Business Banking, Associated Bank, reporting directly to David Stein, executive vice president, head of Consumer and Business Banking and Madison Market president. Steven Zandpour "Steve's people-first leadership style and de ...

"At Hain Celestial, we believe in the power of giving back – not only for the impact it has on the communities we support but also for the sense of purpose and connection it brings to the team," said Chris Jenkins, Hain Celestial Group's Global Impact Director. "For us, healthier living goes beyond the products we create. It's about coming together to make a meaningful difference. I'm incredibly proud of our team members, who have partnered with inspiring organizations to support causes that are creating re ...

New Management Team to Expedite Product Commercialization, Pursue New Applications for Proprietary Polymer Materials, and Seize Growth Opportunities Presented by AI ENGLEWOOD, Colo., Dec. 11, 2024 /PRNewswire/ -- Lightwave Logic, Inc. (NASDAQ: LWLG) announced today that it is strengthening the Company's management team to reinforce its competitive position and accelerate product and commercial strategic initiatives. The Company remains focused on creating value for all stakeholders by capitalizing on high-g ...

BATAVIA, Ill., Dec. 03, 2024 (GLOBE NEWSWIRE) -- High Wire Networks, Inc. (OTCQB: HWNI), an award-winning leading global provider of managed cybersecurity solutions, has initiated the next phase of its new strategic growth plan with the addition of new sales team members and additional marketing resources. These moves are aimed at accelerating growth in monthly recurring revenue (MRR) from the company’s Overwatch cyber portfolio, and building upon the record revenue from continuing operations generated in t ...