Oslo/Cairo, 05 May 2025: Scatec ASA has commenced construction of its 1.1 GW Obelisk solar and 100 MW/200 MWh battery storage project in Egypt. The energy will be sold under a USD-denominated 25-year Power Purchase Agreement (PPA) with the Egyptian Electricity Transmission Company (EETC), backed by a sovereign guarantee. The project will be constructed in two phases. The first phase of 561 MW solar + 100 MW/200 MWh battery storage is targeted to reach commercial operational date (COD) in the first half of 2 ...

NEW YORK, May 05, 2025 (GLOBE NEWSWIRE) -- Willis, a WTW business (Nasdaq: WTW), today announced the appointment of David Lofstrom as Deputy Regional Leader, New England within Corporate Risk and Broking (CRB) in North America. Lofstrom’s new position includes working closely with the full New England team to identify new opportunities while also helping to accelerate growth throughout the region. Additionally, he will focus on delivering enhanced value to clients by collaborating with various Industry Vert ...

Strong Qualifying for Andretti Cape Driver & Red-and-Black Branding Turn Heads Murray No.2 Car Ahead of Pack at Grand Prix of Alabama Sebastian Murray drives the No.2 car sponsored by Lottery.com and Sports.com in the Grand Prix of Alabama. Murray NO. 2 Car On a Corner INDY NXT by Firestone No. 2 Car Driven by Sebastian Murray at the Grand Prix of Alabama BIRMINGHAM, Ala., May 05, 2025 (GLOBE NEWSWIRE) -- Rising open-wheel talent Sebastian Murray made his second INDY NXT by Firestone start this weeke ...

THE WOODLANDS, Texas, May 05, 2025 (GLOBE NEWSWIRE) -- TWFG, Inc. (NASDAQ: TWFG), a leading independent insurance distribution platform, announced today that it will release its financial results for the first quarter ended March 31, 2025, after the market closes on Tuesday, May 13, 2025. The Company will host a conference call to discuss its financial results the following morning, Wednesday, May 14, 2025, at 8:00 a.m. Central Time (9:00 a.m. Eastern Time). TO ACCESS THE CALL BY PHONE, PARTICIPANTS CAN REG ...

Core Insights - LLYC reported a net profit of €9 million in 2024, marking a 7.2% increase from the previous year, with revenues and operating income rising by 19% to €115.5 million and €93.1 million respectively, setting new records for the company [1] - The firm maintained a strong financial position with €9.1 million in cash and a net debt of €26.1 million, which is 1.5 times EBITDA [2] - In 2024, 59% of operating revenues and 75% of recurring EBITDA were generated from the Corporate Affairs segment, while Marketing contributed 41% and 25% respectively [3] Financial Performance - Recurring EBITDA grew by 3% to €17.4 million, aligning with the company's updated forecasts [1] - Between 2020 and 2024, LLYC's revenues multiplied by 2.6 and EBITDA by 2.1 [1] - The company increased shareholder remuneration by 30%, distributing €0.172 per share, totaling €2 million [2] Market Expansion - The United States has become LLYC's second-largest market following the acquisition of Lambert, with significant expansion along the East Coast and Midwest [4][5] - LLYC invested a record €30 million in three strategic acquisitions in 2024, enhancing its market position [4] Strategic Developments - 2024 was characterized as a transformative year for LLYC, with a focus on integrating its commercial offerings and revamping its organizational model into Marketing and Corporate Affairs [7] - The firm secured major marketing contracts with clients such as Michigan Business Development Corporation and Vodafone, showcasing its differentiated service approach [8] Innovation and Future Plans - LLYC invested €2.5 million in innovation in 2024, a 95% increase year-on-year, focusing on AI-driven solutions for digital advertising [11] - The company has laid solid foundations for future growth and aims to develop a new three-year strategic plan amid market uncertainties [10]

Core Points - FitLife Brands, Inc. plans to report its financial performance for Q1 of fiscal 2025 on May 15, 2025 [1] - An investor conference call will be held on the same day at 4:30 pm ET, with specific dialing instructions provided for U.S. and international participants [2] - FitLife Brands develops and markets over 250 nutritional supplements and wellness products, primarily targeting health-conscious consumers [3]

Core Viewpoint - Northfield Capital Corporation's subsidiary, Spruce Goose Aviation Inc., is acquiring the remaining 9% of Northfield Aviation Group Inc. shares not already owned, resulting in 100% ownership post-transaction [1][2]. Group 1: Transaction Details - The share purchase agreement involves the issuance of 60,000 Class A restricted voting shares at a deemed price of C$5.23 per share to the vendor, Iain Hayden [1]. - Northfield Aviation consists of 9,357 Class A common shares and 22,303 Class B common shares, which represent the remaining ownership interest [2]. - The completion of the transaction is subject to TSX Venture Exchange approval and other customary closing conditions, expected around May 8, 2025 [3]. Group 2: Related Party Transaction - The vendor, Iain Hayden, is a director of Northfield Aviation, categorizing this transaction as a related party transaction under MI 61-101 [4][5]. - Northfield Capital Corporation is exempt from formal valuation and minority shareholder approval requirements due to the transaction's value being below 25% of the corporation's market capitalization [5]. Group 3: Company Overview - Northfield Capital Corporation is a publicly traded Canadian investment firm with a focus on resources, mining, aviation, and premium alcoholic beverages, established in 1981 [6].

Core Viewpoint - McEwen Mining Inc. is set to hold a conference call on May 8, 2025, to discuss its Q1 2025 financial results and project developments, inviting participants to engage in a question-and-answer session [1][2]. Company Overview - McEwen Mining Inc. is a gold and silver producer with operations in Nevada (USA), Canada, Mexico, and Argentina [3]. - The company owns 46.4% of McEwen Copper, which is developing the Los Azules copper project, aiming to be Argentina's first regenerative copper mine and achieve carbon neutrality by 2038 [3]. Management and Financial Commitment - The company focuses on enhancing productivity and extending the life of its assets to increase share price and provide investor yield [4]. - Rob McEwen, Chairman and Chief Owner, has a personal investment of US$205 million in the company, while his annual salary is US$1 [4]. Trading Information - McEwen Mining's shares are publicly traded on the New York Stock Exchange (NYSE) and the Toronto Stock Exchange (TSX) under the symbol "MUX" [4].

Core Points - KH Group Plc's Board of Directors has established a new performance share plan for key employees of KH-Koneet, replacing the previous plan announced on May 31, 2024, with the goal of aligning shareholder and employee objectives to enhance long-term company value [1] - The performance share plan will cover a two-year performance period from 2025 to 2026, allowing key employees to earn shares based on their performance [2] - Rewards from the plan will be distributed within five months after the performance period ends, consisting of both KH Group shares and cash to cover taxes and social security contributions [3] - The performance criteria for the plan are based on KH-Koneet's EBIT and Return on Invested Capital for the year 2026, targeting approximately 20 key employees, including management members, with a maximum total reward value of approximately 1,094,000 shares [4] - Management members are required to hold 50% of the reward shares until their shareholding equals 50% of their annual base salary from the previous year, while the CEO must hold 50% until their shareholding equals their annual base salary [5] Company Overview - KH Group Plc operates as a Nordic conglomerate in various business areas, including construction and earth-moving equipment, rescue vehicle manufacturing, and furniture retailing, with a strategic objective to create an industrial group centered around KH-Koneet [6]

Core Viewpoint - Bulldog Investors, holding 2.1% of Tejon Ranch Co., is urging shareholders to elect new directors to enhance transparency and accountability, which they believe will lead to a higher stock price [1]. Group 1: Shareholder Concerns - Shareholders are worried about Tejon's significant expenditures and whether they will yield corresponding benefits, particularly regarding the Tejon Mountain Village (TMV) project [2]. - The Board previously claimed TMV was fully entitled and near execution, but similar statements were made in 2013, with over $100 million spent since then without any development progress [2]. Group 2: Management Accountability - Andrew Dakos, a director nominee, highlighted shareholders' frustrations with the Board's lack of accountability for questionable spending, which has negatively impacted Tejon's stock price [3]. - There is a clear need for directors who are committed to improving oversight and ensuring that Tejon does not remain a stagnant investment [3].