YONKERS, N.Y., Aug. 13, 2025 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, today announced its newest townhome community, Enclave at Sprain Brook, is now open for sale in Yonkers, New York. Situated just 17 miles from Manhattan, this intimate community of only 28 homes offers a suburban lifestyle with easy access to New York City. Located off Sprain Brook Parkway and minutes from the Yonkers Metro–North Railroad Station, Enclave at Sprain Brook features tw ...

Core Insights - NextNRG, Inc. has appointed Michael Weisz to its Strategic Advisory Board, bringing extensive experience in scaling investment platforms and executing strategic M&A [1][3][4] - Weisz previously founded Yieldstreet, which deployed over $6 billion across various asset classes and became the largest direct-to-consumer alternative investment platform in the U.S. [2][5] - NextNRG aims to leverage AI and machine learning to transform energy production and management, focusing on smart microgrids and wireless EV charging solutions [7][8][10] Company Overview - NextNRG is focused on AI-driven energy innovation, implementing solutions like the Next Utility Operating System® and smart microgrids to enhance energy efficiency and reduce costs [7][8] - The company is expanding its operations in multiple energy sectors and geographic markets, including the acquisition of Yoshi Mobility's fuel division and Shell Oil's trucks [10] - NextNRG's technology aims to support the transition to electric vehicles (EV) and improve energy accessibility while contributing to decarbonization efforts [9][10] Leadership and Strategy - Michael Weisz's appointment is expected to strengthen NextNRG's go-to-market strategy and growth initiatives, leveraging his expertise in capital markets and strategic partnerships [3][4] - The company is positioned at the intersection of the AI revolution and the global energy transition, aiming to create significant value through disciplined execution and intelligent capital deployment [3][10] - NextNRG's Strategic Advisory Board is chaired by Gary M. Goldfarb, enhancing the company's strategic direction as it continues to grow [3]

ZHONGSHAN, China, Aug. 13, 2025 (GLOBE NEWSWIRE) -- ZHONGSHAN HORD RAPIDTOOLS LTD ("HordRT"), a leading rapid tooling manufacturer with a global footprint serving clients in over 50 countries, is set to expand its capacity with a new manufacturing facility in Zhuhai, China. The new plant is slated to begin operations in the fourth quarter of 2025. This move is a direct response to growing client demand and represents a key investment in the Greater Bay Area (GBA). A Strategic Response to Global Market Deman ...

Tampa, FL, Aug. 13, 2025 (GLOBE NEWSWIRE) -- SCWorx Corp. (Nasdaq: WORX) today announced that it has signed another new healthcare provider for its SaaS service offering and Workday data management assistance. This new hospital customer is northeast Florida’s largest and most preferred health system. The hospital is a not-for-profit healthcare provider with over 1,400 beds under management. In addition to the company’s data management service offering the hospital will utilize SCWorx expertise and applicati ...

Core Insights - Coastal Financial Corporation has appointed four new executives to enhance its leadership team, focusing on growth in digital banking and community initiatives [1][7] - The new executives include Ryan Hall as Chief Product Officer, Michael Costigan as Chief Commercial Officer, Freddy Rivas as Chief Credit Officer, and Chris Morgan as Chief Information Security Officer, each bringing significant industry experience [2][3] Executive Profiles - Ryan Hall has a strong background in product strategy and innovation, previously leading product development at SoFi Bank and working with The Boston Consulting Group [3] - Michael Costigan comes from OnePay, where he was instrumental in raising $40 million in Series B funding and expanding customer growth channels [4] - Freddy Rivas has over 20 years of experience in commercial banking, most recently serving as Chief Risk Officer at Santander, focusing on credit policy and portfolio management [5] - Chris Morgan previously scaled the security function at Even Responsible Finance and OnePay, and has experience with national security programs at the Federal Reserve System [6] Company Overview - Coastal Financial Corporation is based in Everett, Washington, with total assets of $4.48 billion and operates 14 branches across Snohomish, Island, and King Counties [7]

LODI, Calif., Aug. 13, 2025 (GLOBE NEWSWIRE) -- Farmers & Merchants Bancorp (OTCQX: FMCB) (the “Company” or “FMCB”), the parent company of Farmers & Merchants Bank of Central California (the “Bank” or “F&M Bank”), announced today that the Company is changing its dividend policy related to the frequency of cash dividend payments from semi-annually to quarterly. The unanimous decision to change the frequency of the cash dividend was done after the Board of Directors completed a thorough analysis of the Compan ...

Core Insights - Positron Corporation has announced the sale of four PET-CT 64-slice scanners to a recognized nuclear cardiology group, highlighting the increasing demand for its advanced imaging solutions [1][2] - The company's PET-CT scanners are designed to enhance clinical outcomes and operational efficiency, featuring high-resolution imaging capabilities for both cardiac and oncology applications [3][4] Company Overview - Positron Corporation specializes in developing, manufacturing, and selling state-of-the-art PET and PET-CT imaging systems and clinical services to nuclear medicine healthcare providers across North America [6][7] - The company focuses on cardiac Positron Emission Tomography (PET) imaging, which is considered the gold standard in cardiac diagnostics, enabling accurate diagnosis of coronary artery disease [7] Product Features - Positron's PET-CT scanners include a 72 cm wide-bore gantry for patient comfort, high-sensitivity detectors to reduce radiation exposure, and a compact design, making them suitable for various clinical environments [3] - The advanced data acquisition capabilities of Positron's systems allow for fast, high-precision imaging, which enhances diagnostic confidence and expands the range of studies that can be performed [4] Market Position and Future Developments - Positron's unique market position and innovative technologies, such as the upcoming Affinity PET-CT 4D 64-Slice device, are expected to facilitate the adoption of cardiac PET and support growth in the nuclear imaging market [8] - The company is committed to expanding its offerings in cardiac and oncology PET modalities, aiming to deliver superior technology and value to imaging specialists [9]

Core Insights - Mag Mile Capital successfully arranged $15.9 million in financing for the acquisition of the Hampton Inn El Paso by Nexgen Management, a hotel ownership and management firm based in Dallas [1][4] - The financing package includes a $13.9 million senior CMBS loan and a $2 million mezzanine loan, achieving over 80% loan-to-purchase price leverage [2][4] - The transaction highlights the challenges in securing mezzanine financing in the current market, yet Mag Mile Capital was able to provide competitive terms [3] Financing Details - Total Financing: $15,900,000 [4] - Senior Loan: $13,900,000 [4] - Mezzanine Loan: $2,000,000 [4] - Total Leverage: 80%+ Loan-to-Purchase Price [4] - Term: 5 Years [4] - Rate Type: Fixed Rate [4] Market Positioning - The Texas border market offers unique opportunities, and Nexgen Management's experience in this area made them a suitable candidate for the transaction [3] - Mag Mile Capital's ability to creatively source and structure capital, even in limited market segments, is emphasized [4] - This transaction marks the fourth deal closed with Nexgen Management, totaling over $75 million in closed deals with the client [4] Company Overview - Mag Mile Capital is a boutique commercial real estate mortgage banking firm headquartered in Chicago, specializing in sophisticated financing solutions since 1991 [5] - The firm leverages deep capital markets relationships to deliver tailored solutions across all major asset classes [5]

Company Overview - Silvaco Group, Inc. is a provider of TCAD, EDA software, and SIP solutions that facilitate semiconductor design and digital twin modeling through AI software and innovation [2] - The company is headquartered in Santa Clara, California, and has a global presence with offices in North America, Europe, Egypt, Brazil, China, Japan, Korea, Singapore, Vietnam, and Taiwan [2] Industry Participation - Silvaco's CEO, Dr. Babak Taheri, will participate in the Jefferies' Semis, IT Hardware & Comm Tech Summit in Chicago on August 26-27, 2025 [1]

Core Viewpoint - Diana Shipping Inc. has entered into a time charter contract for its Post-Panamax dry bulk vessel, the m/v Polymnia, with Oldendorff Carriers GmbH & Co. KG, which is expected to generate significant revenue for the company [1][2]. Group 1: Charter Contract Details - The gross charter rate for the m/v Polymnia is set at US$14,000 per day, with a 5.00% commission to third parties, for a period from August 17, 2025, until a minimum of April 10, 2026, and a maximum of June 10, 2026 [1]. - The anticipated gross revenue from the charter for the minimum scheduled period is approximately US$3.28 million [2]. Group 2: Fleet Composition and Future Plans - Diana Shipping Inc. currently operates a fleet of 36 dry bulk vessels, including 4 Newcastlemax, 8 Capesize, 4 Post-Panamax, 6 Kamsarmax, 5 Panamax, and 9 Ultramax vessels [3]. - The total carrying capacity of the fleet, excluding two vessels not yet delivered, is approximately 4.1 million deadweight tons (dwt), with a weighted average age of 11.72 years [3]. - The company expects to take delivery of two new methanol dual fuel Kamsarmax dry bulk vessels by the second half of 2027 and the first half of 2028 [3]. Group 3: Company Overview - Diana Shipping Inc. is a global provider of shipping transportation services, specializing in the ownership and bareboat charter-in of dry bulk vessels [4]. - The company's vessels primarily engage in short to medium-term time charters, transporting various dry bulk commodities such as iron ore, coal, and grain along global shipping routes [4].