Core Viewpoint - NFI Group Inc. announced a private offering of $600 million in second lien senior secured notes to repay existing indebtedness and related expenses [1][2]. Group 1: Offering Details - The offering will consist of $600 million in aggregate principal amount of second lien senior secured notes [1]. - The net proceeds will be used to repay certain indebtedness under existing credit facilities, including a portion of the $180 million second lien credit facility [2]. - The notes will be fully guaranteed by NFI and its subsidiaries on a senior second lien basis [3]. Group 2: Credit Facility Adjustments - Upon completion of the notes offering, the existing first lien senior credit facility will be extended to May 7, 2029, with maximum commitments reduced to $700 million [4]. - The minimum liquidity covenant of $50 million under the first lien senior credit facility will no longer apply [4]. Group 3: Company Overview - NFI is a leader in propulsion-agnostic bus and coach mobility solutions, offering a wide range of sustainable drive systems [7][8]. - The company employs nearly 9,000 team members across ten countries and supports an installed base of over 100,000 buses and coaches globally [8].

Group 1 - Gap Inc. is expected to announce fiscal first-quarter earnings on May 29, 2025, with forecasts of 45 cents per share and $3.42 billion in revenue, indicating a 7% year-over-year rise in earnings and a 1% increase in sales compared to the previous year [1] - Historically, Gap stock has risen 74% of the time after earnings announcements, with a median one-day gain of 7.6% and a maximum noted increase of 31% [1][6] - For fiscal year 2025, Gap anticipates sales growth of 1% to 2% and an operating income increase of around 8% to 10%, driven by strategic investments in brand development and supply chain enhancements [2] Group 2 - The company has a market capitalization of $11 billion, with revenue for the past twelve months at $15 billion, achieving an operating profit of $1.1 billion and a net income of $844 million [2] - Investors are encouraged to monitor Gap's efforts to rejuvenate the Athleta brand and optimize both digital and brick-and-mortar retail strategies [2] - Historical data shows that positive one-day returns occurred approximately 74% of the time over the past five years, increasing to 82% over the last three years [6]

Core Insights - Cerby has announced a $40 million Series B funding round led by DTCP, with participation from existing investors including Okta Ventures, Salesforce Ventures, and Two Sigma Ventures [1][9] - The company aims to expand its identity security automation platform in response to increasing demand for solutions that secure disconnected applications [4][5] Company Overview - Cerby is the first platform to automate the full identity lifecycle for disconnected applications, covering aspects from credentials and authentication to lifecycle management and privileged access [3] - The platform integrates with existing Enterprise Password Management (EPM), Identity and Access Management (IAM), Identity Governance and Administration (IGA), and Privileged Access Management (PAM) systems, providing centralized access controls and automating manual security tasks [8] Market Demand - The proliferation of SaaS, cloud, mobile, and on-premise applications has significantly expanded the enterprise attack surface, increasing the need for scalable and advanced identity security solutions [2] - Cerby is focusing on growth in key markets such as Germany, France, the UK, and strategic regions in the Middle East, where regulatory pressures and enterprise complexity are driving demand for its solutions [5] Growth Metrics - Since its Series A funding round less than 20 months ago, Cerby has increased its Annual Recurring Revenue (ARR) by 10 times and expanded its customer base by 5 times, now automating identity workflows across more than 2,000 applications and supporting over 100 organizations globally [6]

ANTIOCH, Tenn., May 28, 2025 (GLOBE NEWSWIRE) -- LKQ Corporation (Nasdaq: LKQ), a global leading provider of alternative and specialty parts to repair and accessorize automobiles and other vehicles, today announced the release of its 2024 Sustainability Report. The report showcases LKQ's role in driving success as a best-in-class operator for our investors and key stakeholders, while maintaining a critical role in facilitating the growth of the global circular economy. Furthermore, it reflects our on-going ...

BRANFORD, Conn., May 28, 2025 /PRNewswire/ -- Azitra, Inc. (NYSE American: AZTR), a clinical stage biopharmaceutical company focused on developing innovative therapies for precision dermatology, today announced that it will present a poster describing the Phase 1/2 clinical trial of ATR04-484 in EGFR inhibitor ("EGFRi")-associated rash at the 2025 American Society of Clinical Oncology Annual Meeting (ASCO 2025) being held May 30-June 3, 2025 in Chicago.The presentation titled, "Epidermal growth factor recep ...

Company Overview - Helport AI Limited (NASDAQ: HPAI) is an AI technology company focused on providing intelligent customer communication software and services to enterprise clients [4] - The company's flagship product, AI Assist, serves as a real-time co-pilot for customer contact teams, enhancing sales, customer engagement, and cost efficiency [4] Conference Participation - Amy Fong, President & Interim Chief Financial Officer of Helport AI, will participate in the Baird Global Consumer, Technology & Services Conference from June 3-5, 2025, at the InterContinental New York Barclay Hotel [1][2] - In addition to the conference, Ms. Fong will engage in one-on-one meetings with investors and participate in Baird's Business Process Outsourcing Dinner on June 2, 2025 [3]

NEW YORK, May 28, 2025 /PRNewswire/ -- Kyndryl (NYSE: KD), a leading provider of mission-critical enterprise technology services, today announced that it is working with the Virginia Department of Motor Vehicles (DMV) to modernize the customer experience. The initiative aims to speed up and improve the processing of over 200,000 transactions daily.The Virginia DMV has engaged Kyndryl to replace its Citizen Services Solution (CSS) with a cloud-native architecture to power its vehicle, driver and business app ...

  GRANDE PRAIRIE, ALBERTA (May 28, 2025) – TheNewswire - ANGKOR RESOURCES CORP. (TSXV: ANK) (“ANGKOR” OR “THE COMPANY”) announces its subsidiary, EnerCam Resources Co. Ltd. (Cambodia) (“EnerCam”) deployed top geoscientists plus seismic contractor GeneSeis Company Limited Thailand (“GeneSeis”) to survey and check all proposed seismic lines for the upcoming 350-line kilometer program on Block VIII (“Project”). The lead geoscientists of EnerCam completed a five-day scoping program of each planned seismic line ...

"We are deeply grateful for Alexandria's generosity and commitment to Fred Hutch and its vital role in constructing the new Alexandria Real Estate Equities, Inc. Learning Lab," saidThomas J. Lynch Jr., MD, president and director of Fred Hutch and holder of the Raisbeck Endowed Chair. "Alexandria's support of this space will have a profound impact on our ability to advance science education and reflects our shared belief that the best way to inspire future scientists is to provide incredible mentorship and t ...

"Over the last 25 years, on six lists of Leading Women, Automotive News has honored 442 executives. This year's group of Leading Women has 24 presidents and CEOs and nine other C-suite executives; the first group, in 2000, had 14 presidents and CEOs and five others in the C-suite," said Mary Beth Vander Schaaf, Automotive News senior director of editorial operations. The 2025 class of Automotive News' 100 Leading Women in the North American Auto Industry emerged from a months-long nomination and judging pro ...