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Brookfield to Present at the Goldman Sachs U.S. Financial Services Conference
Globenewswire· 2025-11-26 11:45
Core Insights - Brookfield Corporation's CEO, Bruce Flatt, will present at the Goldman Sachs U.S. Financial Services Conference on December 9, 2025 [1] - A live audio webcast of the event will be available on Brookfield's investor relations websites, with a replay accessible after the event [2] Company Overview - Brookfield Corporation is a leading global investment firm focused on building long-term wealth for institutions and individuals, with three core businesses: Alternative Asset Management, Wealth Solutions, and Operating Businesses in renewable power, infrastructure, business and industrial services, and real estate [3][4] - The company has a track record of delivering over 15% annualized returns to shareholders for over 30 years, supported by its investment and operational experience [4] - Brookfield Corporation is publicly traded on the New York and Toronto stock exchanges under the ticker symbols NYSE: BN and TSX: BN [4] Asset Management - Brookfield Asset Management Ltd. is a global alternative asset manager with over $1 trillion in assets under management across various sectors, including infrastructure, renewable power, private equity, real estate, and credit [6] - The firm focuses on long-term investments in real assets and essential service businesses, catering to a diverse range of investors, including pension plans, endowments, sovereign wealth funds, and private wealth investors [6] - Brookfield Asset Management is also publicly traded on the New York and Toronto stock exchanges under the ticker symbols NYSE: BAM and TSX: BAM [6]
Multitude AG: Chief Executive Officer Antti Kumpulainen, Acquisition
Globenewswire· 2025-11-26 11:30
Multitude AG: Chief Executive Officer Antti Kumpulainen, Acquisition Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them,26. Nov 2025 / 12:30 CET/CEST, transmitted by GlobeNewswire. The issuer is solely responsible for the content of this announcement. 1. Details of the person discharging managerial responsibilities / person closely associated a) Name Title Chief Executive Officer First name Antt ...
Indkaldelse til ekstraordinær generalforsamling i Investeringsforeningen PortfolioManager, Afdeling ANNOX Kvant Globale Aktier KL
Globenewswire· 2025-11-26 11:13
Group 1 - An extraordinary general meeting is called for the Investment Association PortfolioManager, Department ANNOX Quant Global Equities KL [1] - The meeting will take place on Wednesday, December 10, 2025, at 12:00 PM at Folke Bernadottes Allé 45, 2100 Copenhagen Ø [1] - The notice includes the agenda and complete proposals attached [2] Group 2 - For any inquiries related to the meeting, questions can be directed to the director of the association's management company, Fundmarket A/S, Jan Ahlberg, at phone number 21273903 [1]
Havila Finans AS: Third quarter 2025 accounts
Globenewswire· 2025-11-26 11:03
Core Insights - The financial statement for Havila Finans AS for the third quarter of 2025 has been released, providing insights into the company's financial performance during this period [1][2]. Financial Performance - The financial statement includes detailed accounts for Q3 2025, which are essential for understanding the company's revenue, expenses, and overall financial health [1]. - The document is subject to the disclosure requirements under the Norwegian Securities Trading Act, indicating compliance with regulatory standards [2].
DRYWORLD Ignites a New Era in Athletic Footwear With the Launch of the Phoenix RUN
Globenewswire· 2025-11-26 11:00
Core Insights - DRYWORLD Brands Inc. has officially launched the Phoenix RUN, a high-performance long-distance running shoe aimed at redefining comfort, energy return, and design innovation for athletes globally [1][2] - The launch signifies a historic milestone for DRYWORLD as it expands into the global athletic footwear market, which is a multi-billion-dollar industry [6] Product Features - The Phoenix RUN is inspired by DRYWORLD's first product, featuring a stereoscopic 3D printed upper that provides adaptive support, breathability, and lightweight durability [3] - The shoe incorporates FLY Foam, an advanced cushioning platform that offers a soft and responsive midsole, described by athletes as "walking on clouds" [4] - Key technologies include a double-layer anti-torsion structure, a wide toe box for stability, and a high-abrasion rubber for traction and durability [5] Market Positioning - The footwear category is considered essential for DRYWORLD's growth strategy, as it aims to deliver complete performance solutions for athletes [6] - The name "Phoenix RUN" reflects the brand's ethos of rebirth and resilience, symbolizing its journey and future aspirations in the athletic market [6]
Nano Labs Launches “NBNB Program” to Advance RWA Infrastructure and Compliance Ecosystem on BNB Chain
Globenewswire· 2025-11-26 11:00
HONG KONG, Nov. 26, 2025 (GLOBE NEWSWIRE) -- Nano Labs Ltd (Nasdaq: NA) (“we,” the “Company” or “Nano Labs”), a leading Web 3.0 infrastructure and product solution provider, today announced the launch of its new Real World Assets (“RWA”) strategic initiative: the Next Big BNB Program (the “NBNB Program”). This program aims to develop a comprehensive RWA infrastructure and compliance ecosystem on BNB Chain, spanning asset classes such as equities, bonds, new energy and real estate. Its mission is to help bui ...
Datavault AI Announces Closing of the Second Tranche of Scilex Holding Company’s Previously Announced Equity Financing
Globenewswire· 2025-11-26 11:00
Core Insights - Datavault AI has successfully closed the second tranche of equity financing with Scilex Holding Company, involving the issuance of a pre-funded warrant for approximately 263.91 million shares in exchange for about 1,237.6 Bitcoin [1][8] - The strategic investment aims to enhance Datavault's digital asset reserves, accelerate supercomputing infrastructure, support platform expansion, and create new revenue streams [2] - Datavault has granted Scilex an exclusive worldwide license for its AI-driven technology tailored for the biotech and biopharma industry, enabling the creation of a Biotech Exchange platform [3] Financial Details - The second tranche follows an initial investment in September 2025, valued at approximately $8 million in Bitcoin [1] - Under the licensing agreement, Datavault will receive a nonrefundable upfront license fee of $2.5 million in four installments, totaling $10 million, and is eligible for sales milestone payments up to $2.55 billion [4] Leadership Commentary - Scilex CEO Henry Ji expressed confidence in the collaboration, highlighting the alignment of Datavault's technologies with the biotech sector's needs for advanced data analytics and supercomputing power [5] - Datavault CEO Nathanial Bradley welcomed Scilex as a major stockholder, emphasizing the shared vision for leveraging digital assets to capture market share in the biotech sector [5] Company Overview - Datavault AI specializes in AI-driven data experiences and asset monetization in the Web 3.0 environment, offering solutions across various industries including biotech, fintech, and healthcare [6][7] - The company’s technology suite includes customizable AI and Machine Learning automation, detailed analytics, and marketing automation [9]
Fennec Pharmaceuticals to Participate in Piper Sandler 37th Annual Healthcare Conference
Globenewswire· 2025-11-26 10:59
Core Insights - Fennec Pharmaceuticals Inc. will participate in a fireside chat at the Piper Sandler 37th Annual Healthcare Conference on December 3, 2025, at 1:00 p.m. ET, available via webcast [1][2] Company Overview - Fennec Pharmaceuticals is a specialty pharmaceutical company focused on combating ototoxicity in cancer patients undergoing cisplatin-based chemotherapy [3] - The company is commercializing PEDMARK, which aims to reduce the risk of platinum-induced ototoxicity in cancer patients [3] - PEDMARK received FDA approval in September 2022, European Commission approval in June 2023, and U.K. approval in October 2023 under the brand name PEDMARQSI [3] Licensing and Commercialization - In March 2024, Fennec entered into an exclusive licensing agreement with Norgine Pharmaceuticals Ltd. for the commercialization of PEDMARQSI in Europe, U.K., Australia, and New Zealand [4] - PEDMARQSI is currently commercially available in the U.K. and Germany [4] Regulatory Status and Market Protection - PEDMARK has received Orphan Drug Exclusivity in the U.S., while PEDMARQSI has received Pediatric Use Marketing Authorization in Europe, providing eight years plus two years of data and market protection [5] - Fennec holds patents protecting PEDMARK until 2039 in both the U.S. and internationally [5]
Hinen Introduces Self-Developed LoRa Module Duo for Smarter, Wireless Energy Management
Globenewswire· 2025-11-26 10:48
Core Insights - Hinen has launched a self-developed LoRa module duo for efficient energy management in home energy storage and balcony systems [2][6] Product Features - The LoRa duo consists of a LoRa receiver and a LoRa smart meter transmitter, enabling wireless communication for accurate power metering and real-time data transmission [3][4] - The system operates with ultra-low power consumption, significantly reducing installation time and costs by eliminating traditional wiring [5] - It offers strong wall penetration and robust anti-electromagnetic interference capabilities, allowing stable data transmission over long distances [5] Applications - The LoRa duo supports residential storage inverters and European balcony PV systems, and extends to smart metering, environmental sensing, and home security applications [6] Company Background - Hinen is publicly listed on the Shenzhen Stock Exchange and has over 20 years of manufacturing experience, serving as an OEM/ODM partner for over 400 global brands [7] - The company has a vertically integrated supply chain, ensuring high quality and cost efficiency in its products [7] - Hinen is expanding rapidly in Europe and aims to deliver reliable and affordable clean energy solutions globally [8]
Credit Card Balances Expected to Peak in December with the Holiday Season
Globenewswire· 2025-11-26 10:30
Core Insights - The Q3 Market Pulse report from Equifax Canada indicates a rise in missed payments, with 1.45 million consumers missing a credit payment, an increase of over 46,000 from Q2 [1][3] - The national 90+ non-mortgage delinquency rate reached 1.63%, marking a 14% year-over-year increase, while total consumer debt rose to $2.62 trillion, a 3.4% increase from the previous year [2][12] - Financial stress is particularly pronounced among younger consumers, with significant delinquency rates observed in urban centers [4][6] Consumer Debt Trends - Average non-mortgage debt per consumer increased to $22,321, up $511 from the previous year [2][12] - Younger consumers (aged 18-35) are experiencing the highest levels of financial stress, with 1 in 20 missing a credit payment in Q3 [4][5] - The delinquency rate for 26-35-year-olds reached 2.45%, a 20.51% increase year-over-year, while the rate for 18-25-year-olds was 2.11%, up 16.58% [4][5] Urban Center Analysis - Major urban centers like Toronto, Vancouver, and Ottawa reported significant increases in non-mortgage delinquency rates, with Toronto at 2.27% (+19.58% year-over-year) and Vancouver at 1.27% (+18.18%) [6][8] - Smaller cities also saw increases, but to a lesser extent, with Edmonton and Halifax showing increases of 11.23% and 12.51%, respectively [6] Missed Payments and Credit Behavior - Of the 1.45 million consumers who missed a payment, 84% (approximately 1.21 million) did not hold a mortgage [7] - The report highlights a trend of increased credit card spending during the holiday season, typically rising by $300–$500 per consumer, which may lead to a further increase in missed payments in January [3][9] - Despite a modest improvement in overall card payment health, younger consumers are increasingly paying only the minimum on their credit cards [8][9] Auto Industry Insights - The auto industry is facing challenges with rising vehicle prices and high interest rates, although new auto loan volumes increased by 4.8% year-over-year [10] - Synthetic ID fraud is becoming a significant issue, contributing to an estimated $450 million loss for auto lenders annually [11]