Weatherford Announces Fourth-Quarter and Full-Year 2025 Conference Call
Globenewswire· 2025-12-16 04:29
HOUSTON, Dec. 15, 2025 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ: WFRD) (“Weatherford” or the “Company”) will host a conference call on Wednesday, February 4, 2026 to discuss the Company’s results for the fourth quarter and full year ended December 31, 2025. The conference call will begin at 8:30 a.m. Eastern Time (7:30 a.m. Central Time). Prior to the conference call, the Company will issue a press release announcing the results and the associated presentation slides will be uploaded to the ...
Hinen Launches a 15kW Three-Phase Hybrid Inverter with Triple MPPT and Enhanced Backup Capability
Globenewswire· 2025-12-16 03:16
WARSAW, Poland, Dec. 16, 2025 (GLOBE NEWSWIRE) -- Hinen officially introduces the H15000T 15kW Three-Phase Low-Voltage Hybrid Inverter, a next-generation energy solution developed for three-phase residential and light commercial markets in Europe and Africa. Designed to meet the growing demand for solar + storage + reliable backup power in large residential properties and small commercial applications, the H15000T is ideal for regions where three-phase power systems are widely adopted. In Europe, the inver ...
CBL International Limited Achieves EcoVadis Silver Medal, Ranking Among Top 15% Globally for Sustainability Performance
Globenewswire· 2025-12-16 03:03
CBL International Limited Earning the EcoVadis Silver Medal is a significant milestone that validates our ongoing dedication to responsible business practices KUALA LUMPUR, Dec. 15, 2025 (GLOBE NEWSWIRE) -- CBL International Limited (NASDAQ: BANL) (the “Company” or “CBL”), the listing vehicle of the Banle Group (“Banle” or “the Group”) is proud to announce it has been awarded the prestigious EcoVadis Silver Medal, placing the company among the top 15% of organizations globally assessed for sustainabilit ...
Teck and Anglo American receive Government of Canada approval for merger of equals under Investment Canada Act
Globenewswire· 2025-12-16 01:54
Core Viewpoint - The merger between Teck Resources Limited and Anglo American plc has received regulatory approval from the Government of Canada, establishing a new entity named Anglo Teck, aimed at becoming a global leader in critical minerals with significant investments in Canada [1][3][4]. Commitments and Investments - Anglo Teck is committed to investing at least C$4.5 billion in Canada within the next five years, contributing to a total of at least C$10 billion over 15 years [2][12]. - Specific projects include the Highland Valley Copper mine life extension with an expected capital investment of C$2.1 to C$2.4 billion, and up to C$850 million for enhancing critical minerals processing capacity at Trail Operations [13][14]. - Anglo Teck will also advance the development of the Galore Creek and Schaft Creek copper projects with capital expenditures of up to C$750 million [14]. Corporate Structure and Governance - Anglo Teck will have its headquarters in Vancouver, Canada, with a significant majority of its senior management based in Canada, including key executive positions [6][9]. - A substantial proportion of the board of directors will be Canadian, ensuring local representation [9]. Environmental and Social Commitments - The new entity will uphold leading environmental and social practices, honoring existing agreements with Indigenous communities and promoting responsible mining [10][19]. - Anglo Teck plans to invest at least C$200 million in initiatives supporting Indigenous governments and communities [16]. Strategic Importance - The merger is positioned to enhance Canada's role in the global critical minerals market, aligning with government economic strategies and creating benefits for various stakeholders [4][5]. - The establishment of a Global Institute for Critical Minerals Research and Innovation is part of the commitment to foster research and development in the sector [21].
CORRECTION – Matador Technologies Inc. Announces Updated Terms of USD$100 Million Convertible Note Facility to Expand Bitcoin Holdings
Globenewswire· 2025-12-16 00:00
Core Viewpoint - Matador Technologies Inc. has announced a significant financing move through an amended secured convertible note facility to enhance its Bitcoin accumulation strategy, aiming to acquire up to 1,000 BTC by 2026 and ultimately hold approximately 1% of Bitcoin's total supply [2][4][5] Financing Details - The amended facility allows Matador to issue convertible notes totaling up to USD$100 million, with an initial tranche of USD$10.5 million [3][5] - The facility is exclusively designated for purchasing Bitcoin, with additional drawdowns available subject to regulatory approvals [3][5] - The investor, ATW Partners, can require the issuance of additional notes totaling up to USD$75 million, with a 5% commitment fee payable in cash [3][5] Strategic Objectives - The financing is part of Matador's long-term strategy to increase Bitcoin per share and reflects sustained institutional interest in its approach [4][5] - The company aims to build its Bitcoin holdings to 6,000 BTC by 2027 and rank among the top 20 corporate holders globally [5] Interest and Conversion Terms - The notes will bear an interest rate of 8% per annum, reducing to 5% after uplisting to NASDAQ or NYSE, with a potential increase to 18% in case of default [6][15] - The principal and interest can be converted into common shares, with a maximum of 19,842,083 shares issuable upon conversion [10][15] Institutional Partnership - ATW Partners is identified as a leading U.S.-based institutional investor focused on innovative growth-stage financing, enhancing Matador's capital structure [5][19] Recent Developments - Matador has proposed to invest in HODL Systems, securing up to a 24% ownership stake, which strengthens its position as a Bitcoin treasury company [19]
Carbon Streaming Announces Amendment to Azuero Reforestation Carbon Removal Stream
Globenewswire· 2025-12-16 00:00
Core Viewpoint - Carbon Streaming Corporation has announced amendments to its carbon credit streaming agreement with Azuero Reforestación Colectiva, S.A. for the Azuero Reforestation Project in Panama, which will impact the project's scale and expected carbon credit generation [1][3]. Project Amendments - The project plan has been revised, reducing the area to be restored from 10,000 hectares to a minimum of 7,500 hectares, and the expected carbon dioxide equivalent (tCO2e) removal has decreased from 3.24 million tonnes to 2.32 million tonnes [2][3]. - If Carbon Streaming does not exercise its funding option, it will receive approximately 54,000 carbon credits, which is about 2.3% of the total credits [3]. Funding Options - Carbon Streaming has an option to participate in future funding, with an upfront deposit of US$1.2 million already paid. The option can be exercised by June 30, 2026, or June 30, 2027, requiring additional funding of US$4.6 million and US$3.8 million, respectively [3][4][5]. - If the option is exercised in the First Election Period, the project will restore a minimum of 9,539 hectares and remove 2.94 million tonnes of tCO2e, resulting in approximately 357,000 carbon credits (12.1% of total credits) [4]. - If the option is exercised in the Second Election Period, the project will restore a minimum of 9,050 hectares and remove 2.79 million tonnes of tCO2e, resulting in approximately 295,000 carbon credits (10.6% of total credits) [5]. Offtake Agreement - The offtake agreement between Microsoft and Carbon Streaming to purchase 100% of the carbon credits generated from the project through 2040 remains in place [6]. Financial Position - Carbon Streaming currently holds C$53.7 million in cash, has no debt, and has 48.5 million shares outstanding [7].
WTW Prices Offering of $1,000,000,000 of Senior Notes
Globenewswire· 2025-12-15 23:30
LONDON, Dec. 15, 2025 (GLOBE NEWSWIRE) -- Willis Towers Watson Public Limited Company (NASDAQ: WTW) (the “Company” or “WTW”), a leading global advisory, broking and solutions company, today announced the pricing of a registered offering (the “Offering”) by Willis North America Inc. (“Willis North America”), an indirect wholly-owned subsidiary of the Company, of $700,000,000 aggregate principal amount of 4.550% senior unsecured notes due 2031 (the “2031 notes”) and $300,000,000 aggregate principal amount of ...
Federal Life Group Announces Short-Form Merger
Globenewswire· 2025-12-15 23:29
Company to merge with FLG Merger Sub to Continue Mission of Delivering Next Generation of Accident & Health, Life, and Annuity ProductsCHICAGO, Dec. 15, 2025 (GLOBE NEWSWIRE) -- Federal Life Group, Inc. (“Federal Life”), a leading provider, through its affiliates, of insurance and retirement solutions founded in 1899, announced its intent to engage in a short-form merger with its parent. Federal Life’s parent currently owns more than 90% of the common stock of Federal Life (Trading Symbol FLFG). The short-f ...
Crane Harbor Acquisition Corp. II Announces the Upsized Pricing of $300,000,000 Initial Public Offering
Globenewswire· 2025-12-15 23:20
PHILADELPHIA, PA, Dec. 15, 2025 (GLOBE NEWSWIRE) -- Crane Harbor Acquisition Corp. II (NASDAQ:CRANU) (the “Company”) today announced the upsized pricing of its initial public offering of 30,000,000 units at a price of $10.00 per unit. The Company's units will be listed on the Nasdaq Global Market under the symbol "CRANU" and will begin trading on December 16, 2025. Each unit issued in the offering consists of one Class A ordinary share of the Company and one right to receive one fifteenth (1/15) of a Class ...
Aspen Group Reports Third Consecutive Quarter of Net Income for Second Quarter Fiscal 2026
Globenewswire· 2025-12-15 23:09
Continued profitability expansion with net income of $0.7 million versus net loss of $(1.1) million in Q2 FY2025, and up from net income of $0.4 million in Q1 FY2026Revenue of $11.2 million; USU increases 9% year-over-yearDisciplined cost controls deliver operating income of $1.0 millionPositive Adjusted EBITDA of $2.5 million versus $1.5 million; Adjusted EBITDA margin of 22% versus 14%Fourth consecutive quarter of positive operating cash flow of $0.5 million PHOENIX, Dec. 15, 2025 (GLOBE NEWSWIRE) -- Aspe ...