Businesswire News Releases

May 28, 2024 19:00 ET
Hitachi and Google Cloud Announce Strategic Partnership to Accelerate Innovation and Productivity with Generative AI
Hitachi, Ltd. (TSE:6501), and Google Cloud today announced a multi-year partnership to accelerate enterprise innovation and productivity with generative AI. Hitachi will form a new business unit focused on helping businesses solve industry challenges with Gemini models, Vertex AI, and other cloud technologies, and it will also adopt Google Cloud’s AI to enhance its own products and services. Through the partnership, Hitachi will further accelerate growth of Lumada, its core digital business, and it will advance operational efficiencies for the Hitachi Group....
May 28, 2024 18:34 ET
Class Certification Granted in Lawsuit Against Automobile Insurer USAA for Failing to Coordinate Benefits
On May 28, 2024, following a multi-day evidentiary hearing, Eleventh Judicial Circuit Court of Florida granted class certification in a significant lawsuit against USAA Casualty Insurance Company and USAA General Indemnity Company (collectively “USAA”). The case, brought by MSP Recovery Claims, Series LLC and MSPA Claims 1, LLC, centers on allegations that USAA’s actions, or lack thereof, contravene both state and federal laws, resulting in health payors shouldering the financial burden for accident-related medical expenses that USAA was primarily obligated to cover....
May 28, 2024 17:45 ET
Kirby McInerney LLP Announces Investigation of Shareholder Claims Against CAE, Inc. (CAE)
The law firm of Kirby McInerney LLP is investigating potential claims against CAE, Inc. (“CAE” or the “Company”) (NYSE: CAE). The investigation concerns whether CAE and/or certain of its officers have violated the federal securities laws and/or engaged in other unlawful business practices....
May 28, 2024 16:31 ET
Cue Health to Pursue Wind Down of the Business
Cue Health Inc. ("Cue" or the “Company”) (Nasdaq: HLTH), a healthcare technology company, today announced the Company has filed voluntary petitions under Chapter 7 of the U.S. Bankruptcy Code in the District of Delaware to pursue a wind down of its business....
May 28, 2024 16:15 ET
MFS Releases Closed-End Fund Income Distribution Sources for Certain Funds
MFS Investment Management® (MFS®) released today the distribution income sources for five of its closed-end funds for May 2024: MFS® Charter Income Trust (NYSE: MCR), MFS® Government Markets Income Trust (NYSE: MGF), MFS® Intermediate High-Income Fund (NYSE: CIF), MFS® Intermediate Income Trust (NYSE: MIN) and MFS® Multimarket Income Trust (NYSE: MMT). This information also can be obtained by visiting MFS.com by clicking on Products & Strategies > Closed End Funds > Dividend Source Information....
May 28, 2024 16:05 ET
Aspen Technology to Present at Upcoming Investor Conferences
Aspen Technology, Inc. (NASDAQ:AZPN), a global leader in industrial software, today announced that Antonio Pietri, President and Chief Executive Officer, will present at the following investor conferences:...
May 28, 2024 16:05 ET
Box Reports Fiscal First Quarter 2025 Financial Results
Box, Inc. (NYSE:BOX), the leading Content Cloud, today announced preliminary financial results for the first quarter of fiscal year 2025, which ended April 30, 2024....
May 28, 2024 16:01 ET
U.S. Navy Awards Leonardo DRS Radar Design Agent and Engineering Services for AN/SPQ-9B
Leonardo DRS, Inc. (NASDAQ: DRS) announced today that it was awarded a contract from NAVSEA to provide AN/SPQ-9B radar design agent and engineering services. The contract includes options, if exercised, would bring the cumulative value to more than $26 million....
May 28, 2024 15:00 ET
The F Suite and Seattle Tech CFO Group Unite, Creating the Largest Community of Senior Tech CFOs
The F Suite, the premier community for CFOs at high-growth tech companies and venture capital funds, today announced its merger with the Seattle Tech CFO Group, the leading community for CFOs in the Seattle area....
May 28, 2024 14:34 ET
Tastemade Unlocks Shoppable TV Experiences With Shopsense AI Partnership
Today, Tastemade launched a partnership with Shopsense AI to unlock shoppable streaming for its US audience. Tastemade is creating premium lifestyle content that inspires great taste, and Shopsense AI provides viewers the opportunity to take action and purchase products featured on their shows....
May 28, 2024 14:25 ET
Gold Reserve Announces Private Placement Including for Purposes of Funding a Potential Transaction in Relation to the Sale of the Shares of PDV Holdings, Inc., Under the Delaware Proceedings
Gold Reserve Inc. (TSX.V: GRZ) (OTCQX: GDRZF) (“Gold Reserve” or the “Company”) announced today that it has entered into an agreement with a lead agent and bookrunner (the “Agent”) to undertake a best efforts private placement of Class A common shares of the Company (the "Common Shares") for anticipated gross proceeds of up to US$10 million at a price per Common Share of US$3.50 (the “Share Offering”). The Share Offering is expected to be completed on a best efforts basis pursuant to a formal agency agreement to be entered into between the Company and ...
May 28, 2024 12:33 ET
Comprehensive Healthcare and Central Washington University Revitalize Mental Health Counseling Graduate Program, Bringing More Support to Local Communities
Today, Comprehensive Healthcare and Central Washington University (CWU) announced a significant initiative to help fill the gap of behavioral health specialists in the region. Comprehensive Healthcare will gift nearly $770,000 to the CWU Foundation to reestablish the CWU Mental Health Counselling (MHC) graduate program, enabling the university to prepare master’s-level candidates for graduation – and for work in the community – as early as 2026....
May 28, 2024 11:00 ET
Arrow Electronics and SiMa.ai Enter Distribution Agreement in EMEA
Global technology provider Arrow Electronics and SiMa.ai, the software centric, embedded edge machine learning system-on-chip company, have entered into a strategic collaboration, enabling Arrow to distribute SiMa.ai products in the EMEA region....
May 28, 2024 11:00 ET
May 28, 2024 11:00 ET
P.A.M. Transportation Services, Inc. Announces Final Results of its Self Tender Offer
P.A.M. Transportation Services, Inc. (NASDAQ: PTSI) (the “Company”) today announced the final results of its modified “Dutch auction” tender offer to repurchase up to 550,000 shares of its outstanding common stock, which expired at 5:00 p.m., Eastern Time, on Wednesday, May 22, 2024....
May 28, 2024 10:46 ET
Lightbeam Health Announces Partnership with AHIP to Further Enhance Payer-Provider Solutions
Lightbeam Health Solutions, the leader in population health enablement technology and services, today announces its partnership with AHIP to strategically position payers and health plans with Lightbeam’s practical technology and solutions that ...
May 28, 2024 10:36 ET
Leading Lower Middle-Market Specialist Investment Firm Star Mountain Capital Adds Bryan Johnson as a Managing Director in Los Angeles, Bolstering its Secondaries and Investor Solutions Team
Star Mountain Capital, LLC (“Star Mountain”), a rapidly growing specialized private credit and secondaries investment firm targeting systematic alpha and low market correlated returns for its global institutional and high-net-worth investors, is pleased to announce that
May 28, 2024 10:10 ET
Veeam University Launches New Cyber Resilience Education Programs
Veeam® Software, the #1 leader by market share in Data Protection and Ransomware Recovery, today announced new technical training and certification programs through Veeam University, which delivers Veeam technical training to IT professionals on-demand anytime, anywhere. The new online offering is the result of a global partnership with Tsunati, a Veeam Accredited Service Partner, revolutionizing on-demand technical certification ...
May 28, 2024 10:04 ET
MilliporeSigma Launches First Software for Complete Data Traceability in Microbial Quality Control
MilliporeSigma, the U.S. and Canada Life Science business of Merck KGaA, Darmstadt, Germany, a leading science and technology company, has launched its M-Trace® Software & Mobile App, a comprehensive data tracking solution to digitize sterility testing. The software increases overall process safety by automatically documenting data for every step of the testing process. This reduces the likelihood of deviation, false positive results, and the possibility of human error....
May 28, 2024 10:03 ET
Shoes For Crews® Receives Court Approval for Sale, Positioning Company for Continued Industry Leadership
Shoes For Crews, LLC (“Shoes For Crews” or the “Company”), a global leader and pioneer in slip-resistant footwear, on Friday, May 24, 2024, received approval from the United States Bankruptcy for the District of Delaware (the “Court”) pursuant to Section 363 of the United States Bankruptcy Code, for the sale of substantially all of its assets to its first lien secured lenders (the “Sale Transaction”) via a stalking horse credit bid. The Sale Transaction will eliminate more than $300 million of debt and is expected to provide Shoes For Crews with the financial flexibility to invest in growth ac...