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Valens Semiconductor Appoints Yoram Salinger as Chief Executive Officer
Prnewswire· 2025-11-03 11:30
Accessibility StatementSkip Navigation HOD HASHARON, Israel, Nov. 3, 2025 /PRNewswire/ --Â Valens Semiconductor (NYSE: VLN) today announced the appointment of Yoram Salinger as its new Chief Executive Officer and board member, effective on November 13, 2025. Salinger will succeed Gideon Ben-Zvi, who has led Valens since 2020 and will remain actively involved with the company as a member of the Board of Directors. Continue Reading Yoram Salinger, CEO, Valens Semiconductor Ltd. This press release includes "fo ...
Ares Management Announces Third Quarter 2025 U.S. Direct Lending Origination Activity
Accessnewswire· 2025-11-03 11:30
Approximately $15.2 Billion in New Commitments Closed in the Third Quarter and Approximately $49.3 Billion Closed in the 12 Months Ended September 30, 2025 NEW YORK, NY / ACCESS Newswire / November 3, 2025 / Ares Management Corporation (NYSE:ARES) announced today that funds managed by its Credit Group (collectively "Ares") closed approximately $15.2 billion in U.S. direct lending commitments across 88 transactions during the third quarter of 2025 and approximately $49.3 billion in direct lending commitments ...
Kimberly-Clark to Acquire Kenvue, Creating a $32 Billion Global Health and Wellness Leader
Prnewswire· 2025-11-03 11:30
Accessibility StatementSkip Navigation Kimberly-Clark Corporation Kenvue Inc. Combines Highly Complementary and Strategically Aligned Consumer Offerings, Including 10 Iconic Billion- Dollar Brands, That Will Provide Preferred Solutions Through Every Stage of Life Applies Kimberly-Clark's Proven Commercial Execution Playbook to Create a Best-in-Class Consumer- Driven Company Accelerates Kenvue's Premier Consumer Health Portfolio and Strong Science-Backed Innovation, Supported by Talented Kenvue Team Enhance ...
Carolina Rush Announces C$3 Million Non-Brokered Private Placement
Newsfile· 2025-11-03 11:30
Toronto, Ontario--(Newsfile Corp. - November 3, 2025) - Carolina Rush Corporation (TSXV: RUSH) (OTCQB: PUCCF) ("Carolina Rush" or the "Company") announces it intends to complete a non-brokered private placement offering (the "Offering") of up to 27,272,727 units (each, a "Unit") in the capital of the Company at a price of C$0.11 per Unit for gross proceeds of up to C$3 million. The Offering is conditional upon securing shareholder approval related to the Company's proposed transaction with OceanaGold Corpo ...
CGI positioned as a Leader in the IDC MarketScape for Worldwide AI Services for State and Local Government 2025
Prnewswire· 2025-11-03 11:30
Core Insights - CGI Inc. has been recognized as a Leader in the IDC MarketScape for Worldwide AI Services for State and Local Government 2025 Vendor Assessment, highlighting its strong position in the AI services market for public sector clients [1][2][6]. Group 1: Company Positioning and Strategy - CGI is embedding AI directly into its platforms rather than retrofitting it later, emphasizing responsible AI governance with human oversight and compliance with regulatory standards [1][4]. - The company focuses on enhancing decision-making and improving citizen outcomes through AI, aiming to build greater trust in digital government [2][3]. - CGI's integrated AI approach combines responsible governance, embedded intelligence, and outcome-driven delivery to modernize government operations [3][5]. Group 2: Key Strengths Identified by IDC - CGI has nearly five decades of experience in the public sector, with over 500 ERP implementations and dedicated solutions for fund accounting and human services [5]. - The company’s Responsible AI framework includes human-in-the-loop oversight and transparent governance dashboards, ensuring compliance and security [5]. - CGI maintains a distributed presence across over 80 U.S. locations, providing localized support while leveraging global scale [6]. Group 3: Market Context and Demand - The IDC MarketScape report indicates that state and local governments are seeking AI solutions to improve efficiency, compliance, and citizen services [4][6]. - CGI's solutions are FedRAMP High and GovRAMP-certified, aligning with public sector regulations and addressing security and compliance concerns [4][5]. - The assessment evaluated 18 worldwide AI services providers, focusing on their capabilities in designing, implementing, and operating AI platforms for state and local governments [6].
Marti Technologies Expands Ride-Hailing Service to 10 Additional Cities Across Türkiye
Businesswire· 2025-11-03 11:30
American: MRT), Türkiye's leading mobility super app, today announced the launch of its ride-hailing service in 10 additional cities across Türkiye, marking the Company's broadest single wave of expansion to date. With this rollout, Marti's ride-hailing operations now span 20 markets across Türkiye. This latest phase builds on the Company's successful summer expansion into six major metropolitan areas: Bursa, K. ISTANBUL--(BUSINESS WIRE)--Marti Technologies, Inc. ("Marti†or the "Company†) (NYSE ...
Warren Buffett Called Dividend Growers the "Secret Sauce" to Massive Gains: Are They Still Delivering for Berkshire Hathaway?
Yahoo Finance· 2025-11-03 11:30
Key Points American Express and Coca-Cola paid more than $1 billion in annual dividends on a $2.6 billion investment in the 1990s. These stocks and three others among Berkshire's top five holdings continue to increase dividends at a healthy clip. 10 stocks we like better than Berkshire Hathaway › In Warren Buffett's 2023 letter to Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) shareholders, he touted the conglomerate's 3,787,464% gain since 1965 and invited readers to "peek behind the curtain" to s ...
Vertiv Announces Intent to Acquire PurgeRite, a Leading Provider of Specialized Fluid Management Services, to Expand Liquid Cooling Services Portfolio
Prnewswire· 2025-11-03 11:30
Core Viewpoint - Vertiv Holdings Co has announced a planned acquisition of Purge Rite Intermediate, LLC for approximately $1.0 billion, aimed at enhancing its leadership in next-generation thermal chain services for high-density and AI-driven environments [1][2]. Financial Summary - The acquisition price of approximately $1.0 billion represents about 10.0x expected 2026 EBITDA, which may decrease if additional performance-based payments of up to $250 million are made [1]. - The transaction is expected to close in the fourth quarter of 2025, subject to customary closing conditions and regulatory approvals [7]. Strategic Importance - This acquisition is seen as a strategic expansion of Vertiv's fluid management capabilities, enhancing its ability to support high-density computing and AI applications where efficient thermal management is critical [4]. - PurgeRite's services will integrate with Vertiv's existing offerings to provide comprehensive thermal management solutions, improving system performance and reducing downtime risks [6][4]. Industry Context - The demand for liquid cooling technology is increasing due to high-performance computing and AI applications, necessitating effective fluid management to maximize cooling performance [3]. - PurgeRite is recognized as an industry leader in mechanical flushing, purging, and filtration services for mission-critical data center applications, with strong relationships across hyperscalers and Tier 1 colocation providers [3].
NEVADA KING ANNOUNCES JUSTIN DALEY AS VICE PRESIDENT EXPLORATION
Prnewswire· 2025-11-03 11:30
Mr. Daley is a professional geologist with over 15 years of experience in mineral exploration, most recently as CEO of VR Resources, a precious and base metals exploration company focused on early-stage projects in Nevada and Ontario. He has explored caldera related gold systems similar to the Atlanta Gold Mine Project across central Nevada and completed his M.Sc. research at Laurentian University on the evolution and timing of epithermal gold systems. He brings a wealth of experience in using new explorati ...
Meridian Mining's Cabaçal Project's Preliminary Licence Approval Formalised by the State of Mato Grosso
Newsfile· 2025-11-03 11:30
Highlights:Meridian Mining’s Cabaçal Au-Cu-Ag Project’s Preliminary Licence Gazetted:State of Mato Grosso’s official gazette formalizes Cabaçal’s PL (“Licença Prévia”);Meridian continues to advance the development of the Cabaçal VMS belt as Mato Grosso’s most modern mining district;The long-term economic development of a significant mining district restarting moves closer to production; andMeridian Mining submits PL application for Santa Helena:Technical and environmental studies completed for Santa Helena ...