Analysis

The First Bancshares, Inc. and Heritage Southeast Bancorporation, Inc. Announce Receipt of Regulatory Approvals for Merger

Retrieved on: 
Monday, December 12, 2022

Assuming such conditions are satisfied, the closing is expected to occur as soon as practicable in early January 2023.

Key Points: 
  • Assuming such conditions are satisfied, the closing is expected to occur as soon as practicable in early January 2023.
  • The First Bancshares, Inc., headquartered in Hattiesburg, Mississippi, is the parent company of The First Bank.
  • Heritage Southeast Bancorporation, Inc. serves as the holding company for Heritage Southeast Bank, which is headquartered in Jonesboro, GA and operates under the names Heritage Bank, The Heritage Bank, and Providence Bank in its various markets.
  • The Company will also file other documents with the SEC with respect to the proposed merger, pursuant to SEC reporting requirements.

Turquoise Hill’s Shareholders Approve Arrangement with Rio Tinto

Retrieved on: 
Friday, December 9, 2022

Turquoise Hill Resources Ltd. (TSX: TRQ) (NYSE: TRQ) (Turquoise Hill or the Company) today announced that at its special meeting of shareholders held earlier today on December 9, 2022, its shareholders approved the previously announced proposed plan of arrangement pursuant to which, among other things and subject to the satisfaction or waiver of all applicable conditions precedent, Rio Tinto International Holdings Limited (Rio Tinto) would acquire the approximately 49% of the issued and outstanding common shares of Turquoise Hill that Rio Tinto and its affiliates do not currently own for C$43.00 per share in cash (the Arrangement).

Key Points: 
  • Turquoise Hill Resources Ltd. (TSX: TRQ) (NYSE: TRQ) (Turquoise Hill or the Company) today announced that at its special meeting of shareholders held earlier today on December 9, 2022, its shareholders approved the previously announced proposed plan of arrangement pursuant to which, among other things and subject to the satisfaction or waiver of all applicable conditions precedent, Rio Tinto International Holdings Limited (Rio Tinto) would acquire the approximately 49% of the issued and outstanding common shares of Turquoise Hill that Rio Tinto and its affiliates do not currently own for C$43.00 per share in cash (the Arrangement).
  • The Arrangement requires the approval of 66% of votes cast by the Companys shareholders (including Rio Tinto) and the approval of a simple majority of the votes cast by minority shareholders of the Company (excluding Rio Tinto and its affiliates).
  • Turquoise Hill also reports that valid dissent notices were filed representing less than 17.5% of all outstanding shares.
  • The Court may approve the Arrangement in any manner the Court may direct, subject to compliance with such terms and conditions, if any, as the Court deems fit.

RH Announces the Following Strategic Acquisitions and Hires to Accelerate the Brand’s Transformation and Climb up the Luxury Mountain

Retrieved on: 
Thursday, December 8, 2022

RH (NYSE: RH) is a curator of design, taste and style in the luxury lifestyle market.

Key Points: 
  • RH (NYSE: RH) is a curator of design, taste and style in the luxury lifestyle market.
  • The Company offers collections through its retail galleries, source books and online at RH.com , RHContemporary.com , RHModern.com , RHBabyandChild.com , RHTEEN.com , and Waterworks.com .
  • You can identify forward-looking statements by the fact that they do not relate strictly to historical or current facts.
  • Any forward-looking statement made by us in this press release speaks only as of the date on which we make it.

RH Announces Chairman & CEO Gary Friedman Plans to Exercise Expiring Stock Options and Sell a Portion of the Shares to Fund the Exercise and Satisfy Tax Obligations

Retrieved on: 
Thursday, December 8, 2022

Mr. Friedman plans to use the sale proceeds to fund the option exercise and satisfy the resulting tax obligations.

Key Points: 
  • Mr. Friedman plans to use the sale proceeds to fund the option exercise and satisfy the resulting tax obligations.
  • Following the option exercise and sale, Mr. Friedman will retain beneficial ownership of approximately 5.0 million shares, representing approximately 19% of RHs common stock outstanding.
  • RH (NYSE: RH) is a curator of design, taste and style in the luxury lifestyle market.
  • The Company offers collections through its retail galleries, source books, and online at RH.com, RHModern.com, RHBabyandChild.com, RHTEEN.com and Waterworks.com.

The Future of ChatGPT and Generative AI in the Enterprise, According to Info-Tech Research Group

Retrieved on: 
Friday, December 16, 2022

To help technology leaders understand this technology and its potential use cases, global IT research and advisory firm Info-Tech Research Group has published its latest advisory deck, ChatGPT: The Present and Future of Generative AI for Enterprises .

Key Points: 
  • To help technology leaders understand this technology and its potential use cases, global IT research and advisory firm Info-Tech Research Group has published its latest advisory deck, ChatGPT: The Present and Future of Generative AI for Enterprises .
  • ChatGPT is a generative AI chatbot designed to answer questions, which is not a new concept.
  • "OpenAI trained its ChatGPT language model using supervised learning and reinforcement learning," says Jeremy Roberts , research director at Info-Tech Research Group.
  • For more information and insights on ChatGPT and generative AI, download the complete ChatGPT: The Present and Future of Generative AI for Enterprises advisory deck.

Ivalua Ranked in Comparably's Global Top 100 Best Companies and Awarded Best for Culture, Women and Diversity

Retrieved on: 
Friday, December 16, 2022

REDWOOD CITY, Calif., Dec. 16, 2022 /PRNewswire/ -- Ivalua, a global leader in spend management, today announced that following anonymous votes from employees across all its departments and international office locations, the company has been ranked by Comparably among the top 100 companies with the best culture, as well as a best company for women and for diversity.

Key Points: 
  • The list of award winners is part of Comparably's 6th Annual Best Places to Work series and represents the overall top-rated companies of 2022 according to their employees.
  • Tens of thousands of companies were anonymously rated on Comparably.com in nearly 20 different workplace metrics, from compensation, diversity, work-life balance, and leadership to career growth and perks and benefits.
  • Ivalua employs over 800 people worldwide who are united by an empowering vision, mission and five core values that underpin the company's culture.
  • For more information on Comparably's studies and annual Best Places to Work & Best Brands Awards, visit www.comparably.com/news .

NuZee Expands Coffee Blenders by Introducing Ready-to-Drink Coldpresso Latte Line

Retrieved on: 
Friday, December 16, 2022

RICHARDSON, Texas, Dec. 16, 2022 /PRNewswire/ -- NuZee, Inc. (NASDAQ: NUZE), a leading U.S. producer and co-packer of single serve coffee formats, announced today the expansion of its Coffee Blenders product offerings with a new Coldpresso latte product line that combines the power of cold brew and espresso. The products are currently available to purchase in Korea online at Market Kurly and will offer consumers a convenient way to enjoy the benefits of cold pressed coffee without costly equipment or exorbitant prep time.

Key Points: 
  • Developed in Korea, the Coffee Blenders Coldpresso utilizes new methods of espresso brewing coffee extracted using a hybrid cold espresso machine, a unit innovated to create coffee that harnesses the advantages of both espresso and cold brewed coffee.
  • "We spent a lot of time developing the ready-to-drink coffee line to ensure the Coffee Blenders Coldpresso latte line would have a product that we believe just about everyone could enjoy!"
  • The Coffee Blenders Coldpresso line includes:
    Coldpresso Dolce Latte: A creamy treat that mixes the Coldpresso concentrate with antibiotic-free milk and Rainforest Alliance Certified ("RFA-certified") coffee beans to promote eco-friendly, socially responsible agriculture with every delicious sip.
  • Coldpresso Caf Latte: A blend of coffee and tea, this drink combines freshly-ground coffee blended using Coffee Blender's unique methods that avoid heat-induced oxidation with organic black tea extract from India and antibiotic-free milk.

Yum China Establishes Employee Mutual Aid Fund to Support Employees in Need

Retrieved on: 
Friday, December 16, 2022

SHANGHAI, Dec. 16, 2022 /PRNewswire/ -- Yum China Holdings, Inc. (NYSE: YUMC and HKEX: 9987, "Yum China" or the "Company")today announced that the Company has established the Yum China Employee Mutual Aid Fund (the "Mutual Aid Fund") to offer financial assistance to employees in need.

Key Points: 
  • SHANGHAI, Dec. 16, 2022 /PRNewswire/ -- Yum China Holdings, Inc. (NYSE: YUMC and HKEX: 9987, "Yum China" or the "Company")today announced that the Company has established the Yum China Employee Mutual Aid Fund (the "Mutual Aid Fund") to offer financial assistance to employees in need.
  • We are delighted to be able to deepen our employee care program with the Mutual Aid Fund addressing employees experiencing critical needs," said Joey Wat, CEO of Yum China.
  • Yum China has always placed the safety, health and wellbeing of its employees as its highest priority.
  • Since the initial COVID-19 outbreak, Yum China has continually increased employee benefits, including financial support to employees diagnosed with critical illness.

Global Digital Asset Management (DAM) Market to Reach $9.32 Billion by 2028 at a CAGR of 14.2% - ResearchAndMarkets.com

Retrieved on: 
Thursday, December 8, 2022

Global Digital Asset Management (DAM) Market was valued at USD 3.68 Billion in 2021, and it is anticipated to attain a value of USD 9.32 Billion by 2028, at a CAGR of 14.2% over the prediction period (2022 - 2028).

Key Points: 
  • Global Digital Asset Management (DAM) Market was valued at USD 3.68 Billion in 2021, and it is anticipated to attain a value of USD 9.32 Billion by 2028, at a CAGR of 14.2% over the prediction period (2022 - 2028).
  • The digital asset management (DAM) solution enables the authorised person to save, review, edit, retrieve, or distribute digital information via a centralised interface.
  • Asset analytics, creative tool integration, asset and metadata archiving, video management, lifecycle & rights management, and web content management are a few of the popular DAM solutions.
  • The Global Digital Asset Management (DAM) Market is segmented based on Component, Industry, and Region.

Guardant Health Announces Collaboration With AstraZeneca to Develop Companion Diagnostic to Identify Patients With ESR1-mutated Metastatic Breast Cancer

Retrieved on: 
Thursday, December 8, 2022

Guardant Health, Inc. (Nasdaq: GH), a leading precision oncology company, announced today it has entered into a collaboration with AstraZeneca to pursue the development, regulatory approval and commercialization of the Guardant360 CDx blood test as a companion diagnostic to identify patients with ESR1-mutated metastatic breast cancer.

Key Points: 
  • Guardant Health, Inc. (Nasdaq: GH), a leading precision oncology company, announced today it has entered into a collaboration with AstraZeneca to pursue the development, regulatory approval and commercialization of the Guardant360 CDx blood test as a companion diagnostic to identify patients with ESR1-mutated metastatic breast cancer.
  • Were pleased to collaborate with AstraZeneca on this important study for breast cancer patients, said Helmy Eltoukhy, Guardant Health chairman and co-CEO.
  • Guardant Health has commercially launched Guardant360, Guardant360 CDx, Guardant360 TissueNext, Guardant360 Response, and GuardantOMNI tests for advanced stage cancer patients, and Guardant Reveal for early-stage cancer patients.
  • The Guardant Health screening portfolio, including the ShieldTM test, aims to address the needs of individuals eligible for cancer screening.