Target Appoints Michael Fiddelke As Chief Executive Officer
Prnewswire· 2025-08-20 10:30
Michael Fiddelke, chief operating officer, to succeed Brian Cornell as chief executive officer and join Target's Board of Directors Cornell, chair and chief executive officer, to serve as executive chair of Target's Board of Directors Appointments effective Feb. 1, 2026MINNEAPOLIS, Aug. 20, 2025 /PRNewswire/ -- Target Corporation (NYSE: TGT) today announced the company's Board of Directors has unanimously elected Michael Fiddelke, chief operating officer, to succeed Brian Cornell as chief executive office ...
Midnight Sun Puts Second Drill To Work at Dumbwa
Newsfile· 2025-08-20 10:30
Core Insights - Midnight Sun Mining Corp. has initiated the use of a second diamond drill at the Dumbwa Target within the Solwezi Project in Zambia to accelerate exploration efforts [1][2] - The exploration program aims to correlate previous drilling data with new induced polarization (IP) data and a significant 20-kilometre soil anomaly indicative of copper mineralization [2] Company Overview - Midnight Sun is focused on the Solwezi Project, located in the Zambia-Congo Copperbelt, which is the second largest copper-producing region globally [6] - The project is adjacent to major copper mines, including First Quantum's Kansanshi Mine, enhancing its potential for discovery [6] Exploration Details - The Dumbwa Target is characterized as a near-surface, low-strip, bulk-tonnage exploration site, with geological features similar to Barrick's Lumwana Mine, located approximately 60 kilometres to the west [3] - A high-grade copper-in-soil anomaly extends about 20 kilometres along strike and over 1 kilometre wide, with peak copper values reaching 0.73% [3] - Recent IP surveys have revealed the structural framework of the Dumbwa target, indicating a correlation between mineralized intervals from previous drilling and the interpreted target horizon [4]
AI-Powered Pathogen Detection App: Provisional Patent Filed by FendX CEO
Newsfile· 2025-08-20 10:30
Core Insights - FendX Technologies Inc. has filed a provisional patent application for an "AI Adaptive App Pathogen Detection Platform" aimed at enhancing pathogen detection on surfaces using mobile devices [1][2] - The invention integrates mobile imaging, biosensor technology, and artificial intelligence to provide real-time pathogen detection, targeting both consumer and professional markets [2][3] Company Overview - FendX is focused on developing innovative surface protection solutions to mitigate the spread of harmful pathogens, with a portfolio that includes eco-friendly products like a smart sponge and REPELWRAP™ film [3] - The company holds exclusive agreements for its eco-sponge and licenses for its coating technologies, indicating a strong position in the hygiene-related technology market [3]
Collective Mining Drills 183.70 Metres at 3.01 g/t Gold Equivalent Commencing from 37.30 Metres Downhole at the Apollo System
Prnewswire· 2025-08-20 10:30
Core Viewpoint - Collective Mining Ltd. has announced positive assay results from its ongoing drilling program at the Apollo system, indicating significant gold-silver-copper-tungsten mineralization and the potential for further expansion of the resource [1][6][12]. Drilling Program and Results - The company is conducting a fully funded 70,000 metre drill program for 2025, with 11 drill rigs currently operational, focusing on the Guayabales Project and the San Antonio Project [2][3]. - Approximately 133,000 metres of diamond drilling have been completed at the Guayabales Project, with 93,000 metres specifically at Apollo [3]. - Recent assay results from four drill holes at Apollo revealed high-grade mineralization, including 183.70 metres at 3.01 g/t gold equivalent from 37.30 metres downhole (APC-134) and 37.15 metres at 7.05 g/t gold equivalent from 118.10 metres downhole (APC-136) [6][8][14]. Future Plans and Expectations - The company plans to expand the high-grade Ramp Zone at Apollo, with a second large capacity drill rig now on site and expected to begin operations shortly [4][6]. - The shallow drilling program at Apollo is nearing completion, with approximately six drill holes remaining, and is expected to enhance the internal block model by filling gaps and expanding the mineralized area by about five percent [14]. Project Overview - The Guayabales Project is the flagship project of Collective Mining, anchored by the Apollo system, which hosts large-scale, high-grade mineralization [12][11]. - The company aims to systematically drill test newly modeled high-grade sub-zones and explore greenfield targets within the project area [12].
Shineco Unveils World's First On-Chain Cell Asset Tokenization Platform; Strategic Acquisition Expands Global Blockchain-Biotech Network
Prnewswire· 2025-08-20 10:30
BEIJING, Aug. 20, 2025 /PRNewswire/ -- Shineco Inc. ("Shineco" or the "Company"; NASDAQ: SISI), a leading innovator in induced pluripotent stem cell (iPSC) technology, today announced the execution of a "Cellular Asset On-Chaining and Marketing Ecosystem Cooperation Agreement" with blockchain infrastructure provider Plus Me Limited. This partnership enables blockchain-based tokenization of biological cellular assets, facilitating seamless global transfers and auditable standardized custody, creating a novel ...
/R E P E A T -- CGI and Kesko enter strategic partnership to accelerate digital transformation/
Prnewswire· 2025-08-20 10:30
Group 1 - CGI and Kesko have entered a strategic partnership to enhance digital transformation in the retail sector, covering a range of IT services including end-user services and cloud solutions [1][2] - Kesko aims to be a leader in digital services within the retail industry, focusing on automation and AI-based solutions to improve productivity and business renewal [2][3] - The partnership reflects a trend in the IT sector where companies like Kesko are forming close collaborations with partners to achieve shared business development goals [3] Group 2 - CGI leverages AI and data-driven strategies to enhance profitability for retail and consumer organizations by improving customer experiences and optimizing supply chain operations [4] - CGI reported a revenue of CA$14.68 billion for Fiscal 2024, highlighting its significant presence in the IT and business consulting market [4]
Vext Announces Q2 2025 Financial Results: Record Quarterly Revenue with Strong 31% Cash Flow Margin
Newsfile· 2025-08-20 10:30
Vext Announces Q2 2025 Financial Results: Record Quarterly Revenue with Strong 31% Cash Flow MarginAugust 20, 2025 6:30 AM EDT | Source: VEXT Science, Inc.Record financial performance, with growth in revenue, adjusted EBITDA, and operating cash flow driven by strong Ohio momentum and disciplined operations in Arizona.Revenue of $13.4 million, up 59% YoY and a sequential increase of $1.8 million, reflecting first full quarter of consolidation of Big Perm dispensaries.Adjusted EBITDA[1] of $4.1 ...
ASE Technology: Positioned To Capitalize Semiconductor Packaging Market
Seeking Alpha· 2025-08-20 10:21
I am rating ASE Technology Holding Co Ltd (NYSE: NYSE: ASX ) a buy for a couple of reasons. But before diving into the basis of my buy rating, I would like to refer to aKennedy is a GARP-themed investor with a bias towards companies with aggressive growth prospects, en route to becoming highly profitable in 1-2 years.His investment philosophy emphasizes long-term discipline, consistent alpha, and a pinch of salt (risk).He writes to empower the underprivileged and improve financial literacy.The Curious Analy ...
Foundation Building Materials, Building Products Distribution Company Owned By American Securities and CD&R, To Be Sold To Lowe's In $8.8 Billion Transaction
Prnewswire· 2025-08-20 10:15
Core Viewpoint - American Securities LLC and CD&R have entered into a definitive agreement to sell Foundation Building Materials, Inc. (FBM) to Lowe's Companies, Inc. for $8.8 billion [1] Company Overview - FBM is a leading North American distributor of interior building products, including drywall, metal framing, ceiling systems, commercial doors and hardware, insulation, and complementary products, serving large residential and commercial professionals [2] - Founded in 2011 and headquartered in Santa Ana, California, FBM operates over 370 locations across the U.S. and Canada, catering to 40,000 professional customers [5] Financial Performance - Under the ownership of American Securities and CD&R, FBM has achieved 27% annual revenue growth and 31% annual EBITDA growth [3] - The growth has been driven by both organic expansion and strategic acquisitions, including the purchase of Beacon Roofing Supply's interior products business and others [3] Strategic Initiatives - FBM has launched a new e-commerce platform and digital application to enhance customer service and has invested in expanding its commercial capabilities [3] - The company has focused on strengthening its capabilities and enhancing its customer value proposition through organic growth initiatives and strategic acquisitions [4][3] Transaction Details - The transaction is expected to close in the fourth quarter of 2025, pending customary closing conditions and regulatory approvals [4]
Jim Cramer marks the top as Palantir stock slides 16%
Finbold· 2025-08-20 10:07
Core Viewpoint - Jim Cramer's bullish call on Palantir has turned into a contrarian signal as the stock has experienced a significant decline following his optimistic remarks [1][2]. Group 1: Stock Performance - Following Cramer's post, Palantir's stock has fallen by 16%, marking its steepest five-day decline since April 2025 [2]. - On August 20, the stock plunged by 9.35%, closing at $158.34, and was trading pre-market at $156.80 [2]. Group 2: Valuation Concerns - Citron Research has assigned a fair value estimate of $40 per share for Palantir, which is nearly 75% below its current levels, citing concerns over its valuation despite revenue growth [3]. - The stock's recent performance has attracted bearish pressure from short sellers, with Citron Research doubling its short position in Palantir [3]. Group 3: Technical Analysis - The technical chart indicates a sharp reversal from overbought conditions, with selling volume increasing during the decline [4]. - The failure to maintain levels above the $180–$190 zone puts Palantir at risk of further retracement towards $140, where significant volume support exists [4].