Core Viewpoint - Bird Construction Inc. has announced the acquisition of Fraser River Pile & Dredge for an estimated total consideration of $82.3 million, which is expected to enhance Bird's capabilities and growth potential in the infrastructure sector [2][10]. Company Overview - Fraser River Pile & Dredge (FRPD) is Canada's oldest and largest privately-owned marine construction, land foundation, and dredging company, founded in 1911, with over 300 skilled personnel [3]. - FRPD has a strong reputation for safety and quality, with experience in significant projects across Canada, including infrastructure support, dredging, and marine environmental remediation [3]. Strategic Highlights - The acquisition is expected to provide Bird with enhanced self-perform capabilities and a more comprehensive platform for larger-scale projects across Canada [4][5]. - FRPD's expertise in marine infrastructure and land foundation complements Bird's existing capabilities in industrial, infrastructure, and buildings sectors [4][8]. - The combined company is positioned to capitalize on the growing demand for infrastructure projects, including those related to transportation, trade, defense, and energy [6]. Financial Highlights - The estimated cash consideration of $82.3 million will be funded through a new term debt facility, with Bird maintaining its low leverage practice post-transaction [10][11]. - The acquisition is expected to be accretive to Bird's Adjusted Earnings Per Share by approximately 7% on a full-year basis, with potential for further growth from synergies [12][13]. - On a pro forma basis, FRPD is projected to generate approximately $160 million in revenue and $20 million in Adjusted EBITDA [13]. Transaction Approvals - The acquisition is subject to approval under the Competition Act (Canada) and other customary closing conditions, with an expected completion in early Q4 2025 [14]. Investor Communication - Bird will host an investor call to discuss the transaction on September 4, 2025 [15].

Strategic acquisition expands network of Consultants, and strengthens LifeVantage's Activation differentiation in the rapidly growing gut health marketSALT LAKE CITY, Sept. 03, 2025 (GLOBE NEWSWIRE) -- LifeVantage Corporation (Nasdaq:LFVN) a leading health and wellness company with products designed to activate optimal health processes at the cellular level, today announced it has entered into a definitive agreement to acquire LoveBiome, a pioneering direct sales company dedicated to comprehensive microbiom ...

Core Insights - 17 Education & Technology Group Inc. reported its unaudited financial results for the second quarter of 2025, highlighting a significant decrease in net revenues year-over-year, while also showing improvements in gross margin and reduced net loss compared to the previous year [1][6][7]. Financial Performance - Net revenues for Q2 2025 were RMB 25.4 million (US$ 3.5 million), a decrease of 62.4% from RMB 67.5 million in Q2 2024 [6][8]. - Gross margin improved to 57.5% in Q2 2025, compared to 16.0% in Q2 2024, attributed to a higher proportion of lower margin mixed deliveries in the previous year [6][10]. - The net loss for Q2 2025 was RMB 26.0 million (US$ 3.6 million), down from RMB 55.7 million in Q2 2024, indicating a 53.4% reduction in net loss on a GAAP basis [6][17]. Operational Highlights - The company launched the "Yiqi Tongxue" intelligent agent and upgraded AI solutions in Shanghai Minhang District, focusing on enhancing customer satisfaction and user engagement [5]. - The subscription model business showed strong performance, contributing to a quarter-on-quarter revenue growth of 17.3% [7]. Cost Management - Total operating expenses for Q2 2025 were RMB 43.1 million (US$ 6.0 million), a decrease of 39.3% from RMB 70.9 million in Q2 2024 [11]. - Research and development expenses decreased by 48.2% year-over-year, reflecting staff optimization and reduced share-based compensations [14]. Cash Position - As of June 30, 2025, the company had cash and cash equivalents, restricted cash, and term deposits totaling RMB 350.9 million (US$ 49.0 million), slightly down from RMB 359.3 million at the end of 2024 [20]. Share Repurchase Program - The board of directors approved a share repurchase program allowing the company to repurchase up to US$ 10 million worth of its ordinary shares over a 12-month period starting from September 4, 2025 [21][22].

LOS ANGELES, Sept. 03, 2025 (GLOBE NEWSWIRE) -- Glancy Prongay & Murray LLP, a leading national shareholder rights law firm, continues its investigation on behalf of Fortinet, Inc. (“Fortinet” or the “Company”) (NASDAQ: FTNT) investors concerning the Company’s possible violations of the federal securities laws. IF YOU ARE AN INVESTOR WHO LOST MONEY ON FORTINET, INC. (FTNT), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS. What Happened? On August 6, 2025, Fortinet released its s ...

BENSALEM, Pa., Sept. 03, 2025 (GLOBE NEWSWIRE) -- Law Offices of Howard G. Smith continues its investigation on behalf of Barnes & Noble Education, Inc. (“Barnes & Noble” or the “Company”) (NYSE: BNED) investors concerning the Company’s possible violations of federal securities laws. IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN BARNES & NOBLE EDUCATION, INC. (BNED), CONTACT THE LAW OFFICES OF HOWARD G. SMITH ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS. Contact the Law Offices of Howard G. Smith ...

Bragar Eagel & Squire, P.C. Litigation Partner Brandon Walker Encourages Investors Who Suffered Losses In Marex (MRX) To Contact Him Directly To Discuss Their Options If you purchased or stock in Marex and would like to discuss your legal rights, call Bragar Eagel & Squire partner Brandon Walker or Marion Passmore directly at (212) 355-4648. NEW YORK, Sept. 03, 2025 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against ...

SAN JOSE, Calif., Sept. 03, 2025 (GLOBE NEWSWIRE) -- In recognition of the utility’s commitment to “always do the right thing,” Newsweek today named California Water Service Group (NYSE: CWT) one of the “World’s Most Trustworthy Companies.” This is the third year in a row California Water Service Group has earned this designation, which comes six months after receiving the nod as one of “America’s Most Trustworthy Companies” for 2025. Newsweek and Statista Inc., a leading statistics portal and industry rank ...

BENSALEM, Pa., Sept. 03, 2025 (GLOBE NEWSWIRE) -- Law Offices of Howard G. Smith continues its investigation on behalf of AVITA Medical, Inc. (“Avita” or the “Company”) (NASDAQ: RCEL) investors concerning the Company’s possible violations of federal securities laws. IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN AVITA MEDICAL, INC. (RCEL), CONTACT THE LAW OFFICES OF HOWARD G. SMITH ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS. Contact the Law Offices of Howard G. Smith to discuss your legal rights ...

Fraser Atkinson, CEO (604) 220-8048 VANCOUVER, BC, Sept. 3, 2025 /PRNewswire/ -- GreenPower Motor Company Inc. (NASDAQ: GP) (TSXV: GPV) ("GreenPower", or the "Company"), today announced that the TSX Venture Exchange (the "Exchange") has completed its review of GreenPower's annual filings and has notified GreenPower that its shares will be reinstated for trading on the Exchange. The British Columbia Securities Commission and the Ontario Securities Commission revoked a "failure to file" cease trade order in r ...

Record Revenues and Income from Operations WATERLOO, Ontario and ATLANTA, Sept. 03, 2025 (GLOBE NEWSWIRE) -- The Descartes Systems Group Inc. (TSX:DSG) (Nasdaq:DSGX) announced its financial results for its fiscal 2026 second quarter (Q2FY26). All financial results referenced are in United States (US) currency and, unless otherwise indicated, are determined in accordance with US Generally Accepted Accounting Principles (GAAP). "Our business performed consistent with our plans in Q2FY26, despite very challeng ...