CALGARY, Alberta, July 17, 2025 (GLOBE NEWSWIRE) -- South Bow Corp. (TSX & NYSE: SOBO) (South Bow or the Company) announces the extension of the expiration date for the previously announced exchange offers relating to certain outstanding notes of South Bow Canadian Infrastructure Holdings Ltd. (the Canadian Exchange Offer) and South Bow USA Infrastructure Holdings LLC (the U.S. Exchange Offer). South Bow Canadian Infrastructure Holdings Ltd. exchange offer South Bow Canadian Infrastructure Holdings Ltd., a ...

Core Viewpoint - CMB.TECH is progressing with a stock-for-stock merger with Golden Ocean Group, aiming to create one of the largest diversified maritime groups globally, with a combined fleet of approximately 250 vessels [1][8]. Merger Structure and Details - The merger involves Golden Ocean merging into CMB.TECH Bermuda Ltd., a wholly-owned subsidiary of CMB.TECH, with an exchange ratio of 0.95 CMB.TECH shares for each Golden Ocean share [2]. - CMB.TECH plans to issue approximately 95,952,934 new ordinary shares as part of the merger consideration [2]. Corporate Approvals - Golden Ocean will hold a special general meeting on August 19, 2025, to vote on the merger agreement and related transactions [4]. - Both the supervisory board of CMB.TECH and the board of directors of Golden Ocean have unanimously approved the merger, which does not require CMB.TECH shareholder approval [5]. Ownership Structure Post-Merger - After the merger, CMB.TECH shareholders will own approximately 70% of the total issued share capital, while Golden Ocean shareholders will own about 30% [6]. Regulatory Approvals - CMB.TECH received antitrust clearance from the German Bundeskartellamt on June 26, 2025, and the SEC declared the registration statement effective on July 16, 2025 [9]. Timeline and Trading - The merger is expected to be completed shortly after the Golden Ocean special general meeting, with new shares anticipated to begin trading on August 20, 2025 [7]. Company Profiles - CMB.TECH operates over 160 vessels, including crude oil tankers and offshore wind vessels, and is headquartered in Antwerp, Belgium [13]. - Golden Ocean specializes in the transportation of dry bulk cargoes and has a fleet of over 90 vessels with a capacity of approximately 13.7 million deadweight tonnes [15].

Core Insights - OPW Retail Fueling, a subsidiary of Dover, has launched the 71SO Segmented Overfill Valve, enhancing overfill prevention technology with a focus on installation efficiency and logistical ease [1][2] Product Features - The new segmented design divides the drop tube into four interlocking sections, allowing for customization to fit tank diameters of 8-12 feet and burial depths, with an overall length exceeding 223 inches [2] - The valve is compatible with 4-inch fill risers and is available in multiple configurations, including Testable and Non-Testable, as well as Vapor-Tight and Non-Vapor-Tight [2] - The installation process is streamlined, requiring no excavation or special manholes, and the automatic shut-off activates at 95% tank capacity, significantly reducing spill risks [3][7] Operational Benefits - The segmented format reduces packaging size, simplifies logistics, and minimizes damage and freight costs [7] - Onsite assembly is simplified, allowing installers to easily assemble the drop tube without special tools or additional manpower [7] - The valve retains a two-stage positive shut-off mechanism, ensuring reliable overfill prevention without the need for pre-checks or resets [7] Company Overview - OPW Retail Fueling specializes in fuel-handling products for both conventional and clean-energy applications in the retail and commercial fuel markets [5] - Dover Corporation, the parent company, has an annual revenue exceeding $7 billion and operates across five segments, employing approximately 24,000 people globally [6]

Core Viewpoint - Inseego Corp. will release its financial results for Q2 2025 on August 7, 2025, after market close [1] Financial Results Announcement - The financial statements and earnings press release will be available on Inseego's website and filed on EDGAR [2] - A conference call to discuss the results and business outlook will take place on the same day at 5:00 p.m. Eastern Time [3] Conference Call Details - The conference call can be accessed via a live audio webcast on the company's investor relations section [3] - An audio replay of the conference call will be available starting one hour after the call and will last until August 21, 2025 [4] Company Overview - Inseego Corp. is a leader in 5G mobile and fixed wireless solutions, serving mobile network operators, Fortune 500 enterprises, and SMBs [1][5] - The company offers 5G Edge Cloud solutions that enhance business experiences by connecting distributed sites and securing enterprise data [5]

BALTIMORE, July 17, 2025 (GLOBE NEWSWIRE) -- Adams Natural Resources Fund, Inc. (NYSE: PEO) announces the Fund’s investment returns for the first half of 2025. The total return on the Fund’s net asset value for the first half of 2025 was 2.3%, with dividends and capital gains reinvested. The comparable figures for the S&P Energy Sector and the S&P 500 Materials Sector were 0.8% and 6.0%, respectively. Our benchmark, which is comprised of the S&P 500 Energy Sector (80%) and the S&P 500 Materials Sector (20%) ...

FREMONT, Calif., July 17, 2025 (GLOBE NEWSWIRE) -- ACM Research, Inc. (“ACM”) (NASDAQ: ACMR) announced today that it will release its financial results for the second quarter of 2025 before the U.S. market open on Wednesday, August 6, 2025. ACM will conduct a corresponding conference call at 8:00 a.m. U.S. Eastern Time (8:00 p.m. China Time) to discuss the results. What:ACM Second Quarter (ended June 30, 2025) Earnings Call When:8:00 a.m. U.S. Eastern Time on Wednesday, August 6, 2025 Webcast:ir.acmr.com/n ...

On July 14, 2025, Gayn Erickson (President and CEO) reported a disposal of 4,518 shares of Aehr Test Systems (AEHR 4.20%) valued at $62,619 to either pay the exercise price of vested stock, or tax liability with shares instead of cash. This transaction does not amount to a sale of stock by the CEO.Transaction summaryMetricValueShares Traded4,518Transaction Value$62,619Post-Transaction Shares272,511Post-Transaction Value$3.8 millionYTD Performance-11.1% (as on market close on July 16, 2025)Company overviewMe ...

Core Insights - Packaging Corporation of America (PKG) is expected to report second-quarter 2025 results on July 23, with projected revenues of $2.16 billion, reflecting a 4.1% year-over-year growth [1] - The consensus estimate for earnings per share (EPS) is $2.44, indicating a 10.9% increase from the previous year [2] Revenue and Earnings Estimates - The Zacks Consensus Estimate for PKG's second-quarter revenues is $2.16 billion, showing a 4.1% growth compared to the same quarter last year [1] - The earnings estimate has increased by 0.4% over the past 60 days, with the current EPS estimate at $2.44 [2] - The Packaging segment is expected to generate revenues of $1.99 billion, representing a 4.2% increase year-over-year [7] Performance Metrics - PKG's earnings surprise history shows that the company has beaten the Zacks Consensus Estimates in three of the last four quarters, with an average surprise of 3.4% [3][4] - The company is projected to see a 2.7% increase in packaging volume, while the Paper segment is expected to experience a 6.9% decline in revenues [6][8] Segment Analysis - The Paper segment is anticipated to report revenues of $140 million, down 6.9% year-over-year, but with a significant 75% increase in operating income to $46 million due to better pricing and mix [8] - The Packaging segment's operating income is estimated to be $291 million, reflecting a 4% growth from the prior year [7] Stock Performance - Over the past year, PKG shares have increased by 7.7%, outperforming the industry average decline of 7.1% [9]

Company Leadership Change - Glen Instone has been appointed as the new CEO of Husqvarna Group, effective August 11, 2025, succeeding Pavel Hajman [1] - The Board of Directors expressed confidence in Instone's leadership skills and deep knowledge of the business, which will be crucial for the company's future strategy [1] - Pavel Hajman has served as Group CEO since December 2022 and has been recognized for his dedication and leadership over the past decade [2] Glen Instone's Background - Glen Instone, aged 48, is a Chartered Management Accountant and holds a B.A. (Hons) in Accounting & Finance [4] - He joined Husqvarna in 2002 and has been part of Group Management since 2018, previously serving as Group CFO and in various roles within the Forest and Garden Division [4] Company Overview - Husqvarna Group is a global leader in innovative solutions for managing forests, parks, and gardens, as well as construction equipment and diamond tools [6] - The company reported net sales of SEK 48.4 billion in 2024 and employs approximately 12,300 people across 40 countries [6]

Core Insights - Insider buying activity has surged at three major companies, with executives investing over $170 million, indicating strong confidence in their future performance [1] Group 1: Builders FirstSource (BLDR) - Multiple directors, including Chairman Paul S. Levy, have purchased shares, with Levy investing approximately $55.4 million on May 8 [1][2] - Following Levy's purchase, BLDR shares increased by around 20%, outperforming the S&P 500's 11% gain during the same period [3] Group 2: UnitedHealth Group (UNH) - Stephen J. Hemsley, the new CEO and Chairman, bought approximately $25 million worth of shares on May 16, signaling confidence in the company's future [5][6] - Under Hemsley's previous leadership from 2006 to 2017, UNH shares provided a total return of 360%, significantly outperforming the S&P 500 [8] Group 3: Middleby (MIDD) - Director Edward P. Garden purchased over $93 million in Middleby stock from May 9 to May 21, increasing his stake from approximately 5% to 6% [10][11] - Garden aims to focus the company on its commercial foodservice segment, and the company announced plans to spin off its food processing business [12]