Millicom (Tigo) announces successful bid for EPM’s Stake in UNE
Globenewswire· 2026-01-27 21:00
Millicom (Tigo) announces successful bid for EPM’s Stake in UNE Luxembourg, January 27,2026 — Millicom International Cellular S.A. ("Millicom") today announced that it has been awarded 100% of EPM’s remaining shares in UNE EPM Telecommunicaciones S.A. (“UNE” or “Tigo Colombia”), following a winning bid in the public auction conducted by Empresas Públicas de Medellín E.S.P. ("EPM"). Millicom’s bid was COP 418,741 per share, representing a total consideration of approximately COP 2.1 trillion, (approximately ...
Riverview Bancorp Reports Net Income of $1.4 Million in Third Fiscal Quarter 2026
Globenewswire· 2026-01-27 21:00
FISCAL Q3 2026 HIGHLIGHTS $1.4 MillionNet Income$0.07Diluted Earnings per Common Share$6.62Tangible Book Value per Share0.07%NPAs to Total Assets Fiscal Third Quarter Comparison Highlights Net Interest Income and Net Interest Margin $10.5 million net interest income for the quarter compared to $9.4 million in Fiscal Q3 2025Net interest margin at 2.96% for the quarter compared to 2.60% in Fiscal Q3 2025 Credit Quality Non-performing assets at 0.07% of total assets and 0.03% of total loans in Fiscal Q3 2026$ ...
Rakovina Therapeutics Announces Corporate Update Including up to $1.5 Million in New Financing, Leadership Appointments and Debt Restructuring
Globenewswire· 2026-01-27 20:49
Core Viewpoint - Rakovina Therapeutics Inc. is undergoing significant corporate updates, including leadership changes, debt restructuring, and financing initiatives to strengthen governance and enhance capital markets execution [1]. Debt Restructuring - The maturity date of the 12.0% convertible debentures, totaling $1,454,000, has been extended from January 28, 2026, to March 11, 2026, with consent from holders representing at least 66 2/3% of the outstanding principal [2][3]. - The company plans to restructure the outstanding 2023 Debentures, offering holders the option to convert their debentures into new Replacement Debentures or settle through a shares-for-debt conversion at $0.12 per share [4][5]. - An agreement in principle has been reached with an existing investor for an additional $1.0 million investment through a private placement of unsecured convertible debentures [7]. Financing Initiatives - The company proposes a concurrent private placement of up to 5,000,000 common shares at $0.12 per share, aiming for additional gross proceeds of up to $500,000 [9]. - The proceeds from the private placements will be used for near-term working capital to support ongoing corporate activities and strategic initiatives [10]. Leadership Changes - Kim Oishi has been appointed as the new Chief Executive Officer and will also join the Board of Directors, bringing extensive experience in public company leadership and capital markets strategy [11][12]. - Frank Holler has been appointed as an independent director, contributing significant expertise in life sciences and governance [16][18][21]. - Jeffrey Bacha will continue as the non-executive Chair of the Board, ensuring continuity and strategic oversight [13][15]. Board Composition - Dr. Dennis Brown has stepped down from the Board but will continue as Chair of the Scientific Advisory Committee, while Al DeLucrezia has also stepped down but will remain as an advisor [23][24]. - The Board's recent changes are aimed at enhancing governance and supporting the company's strategic initiatives in oncology [25][26]. Company Overview - Rakovina Therapeutics is focused on developing innovative cancer treatments that target the DNA damage response, utilizing advanced computational chemistry and AI-enabled drug discovery platforms [27].
World of Concrete Unites Global Construction Leaders to Shape the Future of Concrete and Masonry Construction
Globenewswire· 2026-01-27 20:36
Core Insights - World of Concrete 2026 successfully brought together over 47,400 registered professionals and more than 1,300 exhibitors, highlighting the event's significance in the concrete construction and masonry industries [1][2] Industry Growth - The cement and concrete products market is projected to reach $508 billion by 2030, with a compound annual growth rate (CAGR) of 4.9% [2] - 284 new exhibitors participated, showcasing innovative solutions across various product categories, including material handling, construction technology, and concrete reinforcement [2] Global Participation - The event featured participation from countries such as Australia, Canada, China, Germany, and the United Kingdom, emphasizing the global demand for concrete and masonry construction [3] Educational Initiatives - The education program introduced bilingual seminars and new engineering courses focused on construction efficiency and strategic design choices, enhancing skill development within the industry [5][7] - Notable sessions included an economic forecast that provided insights into market projections and sector-specific intelligence [6] Fundraising and Competitions - The Construction Industry Management (CIM) initiative raised a record-breaking $2.3 million to support students pursuing degrees in Concrete Industry Management [8] - The World Championship SPEC MIX BRICKLAYER 500 featured 28 masons competing for significant cash prizes and recognition [9] Future Events - World of Concrete will return to the Las Vegas Convention Center from January 19-21, 2027, with educational sessions starting on January 18 [13]
Makarora Completes Acquisition of Plymouth Industrial REIT for $2.1 Billion
Globenewswire· 2026-01-27 20:33
NEW YORK, Jan. 27, 2026 (GLOBE NEWSWIRE) -- Makarora Management LP (“Makarora”) today announced that, together with Ares Alternative Credit funds (“Ares”), it has completed the previously announced acquisition of Plymouth Industrial REIT, Inc. (“Plymouth”) in an all-cash transaction valued at approximately $2.1 billion. Pursuant to the terms of the transaction, Plymouth shareholders will receive cash consideration of $22.00 per share. With the completion of the acquisition, Plymouth will no longer be traded ...
Toll Brothers Opens New Luxury Home Community in Katy, Texas
Globenewswire· 2026-01-27 20:10
New single-family homes now available in the highly sought-after Elyson master planKATY, Texas, Jan. 27, 2026 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, today announced its newest Houston-area luxury home community, Toll Brothers at Elyson by Newland is now open in Katy, Texas. The Toll Brothers Sales Center is located at 7318 Sunflower Valley Drive and is open daily. Toll Brothers at Elyson offers an exceptional selection of one- and two-story single-f ...
Live Ventures' Central Steel Fabricators Emerges as a Strategic Participant in the AI Data Center and Connectivity Infrastructure Cycle
Globenewswire· 2026-01-27 19:30
LAS VEGAS and BROADVIEW, Ill., Jan. 27, 2026 (GLOBE NEWSWIRE) -- Central Steel Fabricators, a portfolio company of Live Ventures Incorporated (NASDAQ: LIVE), today highlighted its expanding role as a critical infrastructure provider to the rapidly accelerating artificial intelligence (AI), automation, and data-center ecosystem. With a manufacturing heritage spanning major technological transitions, Central Steel Fabricators has provided essential infrastructure for the advent of digital telecommunications, ...
Christian Dior : Solid performance in a disrupted global economic and geopolitical environment
Globenewswire· 2026-01-27 19:29
Core Insights - The Christian Dior group reported a revenue of €80.8 billion for 2025, demonstrating resilience and innovative momentum despite a challenging global economic and geopolitical environment [1][6][8] - The company experienced a decline in Europe during the second half of the year, while the United States saw growth driven by strong local demand [1][6] - Japan's revenue decreased compared to 2024, which had benefited from increased tourist spending due to a weaker yen [1] - The rest of Asia showed improved trends, returning to growth in the latter half of the year [1] Financial Performance - Organic revenue growth was 1% in the fourth quarter, consistent with the third quarter [2] - Profit from recurring operations for 2025 was €17.7 billion, resulting in an operating margin of 22%, impacted by currency fluctuations [2][8] - The group net profit reached €11.2 billion, with the group share of net profit at €4.5 billion [2] - Operating free cash flow increased by 8% to €11.3 billion [2][8] Business Group Performance - **Wines & Spirits**: Revenue decreased by 5% (organic), with profit from recurring operations down 25% due to weaker demand for cognac and trade tensions affecting key markets [12][9] - **Fashion & Leather Goods**: Revenue declined, but showed improvement in the second half, with a high operating margin of 35% despite a 13% drop in profit from recurring operations [13][9] - **Perfumes & Cosmetics**: Revenue remained stable on an organic basis, with an 8% increase in profit from recurring operations, achieving an operating margin of 8.9% [14][9] - **Watches & Jewelry**: Recorded organic revenue growth of 3%, with profit from recurring operations down 2% [15][9] - **Selective Retailing**: Achieved organic revenue growth of 4% and a 28% increase in profit from recurring operations, with Sephora continuing to grow its market share [17][9] Environmental and Social Impact - The company made progress under its LIFE 360 environmental program, with 41% of materials sourced through recycling processes, an increase of 8% from 2024 [7] - Significant increases in certified raw materials were noted, with cotton certification rising to 84% and wool to 76% [7] - Water withdrawal for production sites was reduced by 19% compared to 2019, with a target of 30% reduction by 2030 [7] - The group supported nearly 1,000 nonprofits and charitable foundations, with over 69,000 employees participating in community involvement [10] Future Outlook - The company remains confident in its strategy for 2026, focusing on brand development, innovation, and quality in products and distribution [18][19]
Toll Brothers Announces New Luxury Home Community Coming Soon to Waxhaw, North Carolina
Globenewswire· 2026-01-27 19:23
Core Insights - Toll Brothers, Inc. is launching a new luxury home community named Toll Brothers at The Bluffs at Wesley Chapel in Waxhaw, North Carolina, with sales expected to begin in spring 2026 [1][3] Group 1: Community Details - The new community will feature 12 homes with sizes ranging from 3,905 to over 5,200 square feet, offering up to 6 bedrooms and 5.5 bathrooms [3] - Anticipated pricing for the homes will start at $1.2 million [3] - The community will include options for spacious great rooms, dual staircases, first-floor primary bedrooms, and tranquil covered patios [3] Group 2: Location and Accessibility - The community is ideally located within Union County, providing easy access to major commuter routes such as Interstate 485 and North Carolina Route 16, facilitating travel to Charlotte and surrounding areas [5] - Nearby attractions include Wesley Chapel Village Commons, shops, boutiques, restaurants at Waverly, parks, and golf courses [5] Group 3: Company Background - Toll Brothers, Inc. is recognized as the nation's leading builder of luxury homes and operates in over 60 markets across the United States [9][10] - The company has been named the 1 Most Admired Home Builder in Fortune magazine's 2026 list of the World's Most Admired Companies, marking the ninth consecutive year of this recognition [11]
Plug Power Calls on Stockholders to Act Now and Vote in Favor of Proposals at January 29, 2026 Special Meeting
Globenewswire· 2026-01-27 19:14
SLINGERLANDS, N.Y., Jan. 27, 2026 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG), a global leader in comprehensive hydrogen solutions for the hydrogen economy, encourages stockholders to vote their shares ahead of the Company’s Special Meeting of Stockholders (the “Special Meeting”) scheduled for January 29, 2026. The Special Meeting includes proposals that are critical to supporting the Company’s ongoing operations, financial flexibility and long-term growth strategy. The Board of Directors urges stock ...