Analysis

Global Cold Storage Market Report 2022: Demand for Cold-Chain Services Continues to Rise, Fueling Growth - ResearchAndMarkets.com

Retrieved on: 
Friday, December 16, 2022

The "Global Cold Storage Market, By Application, By Warehouse Type & By Region- Forecast and Analysis 2022-2028" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Cold Storage Market, By Application, By Warehouse Type & By Region- Forecast and Analysis 2022-2028" report has been added to ResearchAndMarkets.com's offering.
  • Cold storage is significantly more complicated than dry storage because of the regulations governing refrigerated freight.
  • Since chilled warehousing is more expensive, many manufacturers choose to contract out their cold storage to third-party logistics companies.
  • The Global Cold Storage Market is segmented based on Application, Warehouse Type, and Region.

Global Real Estate Software Market Report 2022: Need for Enhanced Client Privacy Drives Sector Growth - ResearchAndMarkets.com

Retrieved on: 
Friday, December 16, 2022

The "Global Real Estate Software Market, By Type, By End-Use & By Region- Forecast and Analysis 2022-2028" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Real Estate Software Market, By Type, By End-Use & By Region- Forecast and Analysis 2022-2028" report has been added to ResearchAndMarkets.com's offering.
  • Recent developments in automation technology and growing digitization of real estate businesses have both helped the real estate software market.
  • The Global Real Estate Software Market is segmented based on Type, End-Use, and Region.
  • Based on Type, it is categorized into Customer Relationship Management Software, Enterprise Resource Planning Software, Property Management Software, Contract Software, Others.

Valaris Announces Contract Awards and Fleet Status Updates

Retrieved on: 
Thursday, December 15, 2022

Valaris Limited (NYSE: VAL) (Valaris or the Company) announced today new contracts and contract extensions, with expected associated contract backlog to Valaris of approximately $275 million, awarded subsequent to issuing the Companys most recent fleet status report on October 31, 2022.

Key Points: 
  • Valaris Limited (NYSE: VAL) (Valaris or the Company) announced today new contracts and contract extensions, with expected associated contract backlog to Valaris of approximately $275 million, awarded subsequent to issuing the Companys most recent fleet status report on October 31, 2022.
  • 90-day contract with Kistos in the Dutch North Sea for heavy duty harsh environment jackup VALARIS 123.
  • VALARIS 123 will utilize its selective catalytic reduction (SCR) system during the contract with Kistos to significantly reduce NOx emissions from the rig.
  • 195-day contract with ONE-Dyas in the Dutch North Sea for heavy duty harsh environment jackup VALARIS 123.

Turquoise Hill Announces Completion of the Arrangement with Rio Tinto

Retrieved on: 
Friday, December 16, 2022

Turquoise Hill Resources Ltd. (TSX: TRQ) (NYSE: TRQ) (Turquoise Hill or the Company) today announced the completion of the transactions contemplated by the previously announced statutory plan of arrangement under section 195 of the Business Corporations Act (Yukon) (the Arrangement) involving the Company and Rio Tinto International Holdings Limited (Rio Tinto).

Key Points: 
  • Turquoise Hill Resources Ltd. (TSX: TRQ) (NYSE: TRQ) (Turquoise Hill or the Company) today announced the completion of the transactions contemplated by the previously announced statutory plan of arrangement under section 195 of the Business Corporations Act (Yukon) (the Arrangement) involving the Company and Rio Tinto International Holdings Limited (Rio Tinto).
  • Pursuant to the Arrangement, Rio Tinto acquired the approximately 49% of the issued and outstanding common shares of Turquoise Hill that Rio Tinto and its affiliates did not already own (the Minority Shares) for C$43.00 per share in cash.
  • Turquoise Hill is an international mining company focused on the operation and continued development of the Oyu Tolgoi copper-gold mine in Mongolia, which is the Companys principal and only material mineral resource property.
  • The forward-looking statements and information contained herein are expressly qualified by this cautionary statement.

Rithm Capital Corp. Declares Fourth Quarter 2022 Common and Preferred Dividends and Renews Stock Repurchase Program

Retrieved on: 
Thursday, December 15, 2022

Rithm Capital Corp. (NYSE:RITM, Rithm Capital or the Company) announced today that its Board of Directors (the Board) has declared fourth quarter 2022 common and preferred stock dividends.

Key Points: 
  • Rithm Capital Corp. (NYSE:RITM, Rithm Capital or the Company) announced today that its Board of Directors (the Board) has declared fourth quarter 2022 common and preferred stock dividends.
  • The fourth quarter common stock dividend is payable on January 27, 2023 to shareholders of record on December 30, 2022.
  • In addition to the dividend declaration, the Company's Board of Directors authorized new stock repurchase programs of up to $200 million of shares of the Company's common stock (the "common stock repurchase program), and up to $100 million of shares of the Companys preferred stock (the preferred stock repurchase program, and together with the common stock repurchase program, the repurchase programs), through December 31, 2023.
  • The new repurchase programs replace the Companys previous $200 million common stock repurchase program and $100 million preferred stock repurchase program, which expire on December 31, 2022.

The Worldwide Automotive Differential Industry is Projected to Reach $23.7 Billion by 2027 - ResearchAndMarkets.com

Retrieved on: 
Thursday, December 15, 2022

Passenger cars registered the largest market share in the global automotive differential market owing to the rising production of passenger cars in developing countries such as India, China, and Thailand.

Key Points: 
  • Passenger cars registered the largest market share in the global automotive differential market owing to the rising production of passenger cars in developing countries such as India, China, and Thailand.
  • In line with this, the demand for open differential and advanced differentials market would also grow for the passenger cars segment.
  • Open Differential hold the largest share in the automotive differential market.
  • Open differential is the simplest form of differential which transmits the equal torque to each wheel of the two wheels.

AbCellera and AbbVie Partner to Advance New Antibody Therapies

Retrieved on: 
Thursday, December 15, 2022

AbCellera (Nasdaq: ABCL) announced today that it has entered into a multi-year, multi-target strategic collaboration with AbbVie Inc. (NYSE: ABBV).

Key Points: 
  • AbCellera (Nasdaq: ABCL) announced today that it has entered into a multi-year, multi-target strategic collaboration with AbbVie Inc. (NYSE: ABBV).
  • The partnership will leverage AbCelleras antibody discovery and development engine to deliver optimized development candidates for up to five targets selected by AbbVie across multiple indications.
  • This collaboration with AbbVie is another example of how AbCellera can extend the R&D capabilities for enabled pharmaceutical companies, said Carl Hansen, Ph.D., founder and CEO of AbCellera.
  • Together with AbbVie, we aim to tackle some of the most difficult antibody discovery problems to help address patients most serious health issues.

Sierra Wireless Offers Critical Communications Solution for First Responders and Extended Public Safety Users with FirstNet

Retrieved on: 
Thursday, December 15, 2022

Sierra Wireless (NASDAQ: SWIR) (TSX: SW), a world leading IoT solutions provider, today announced that its providing first responders and extended public safety community access to a full solution which includes FirstNet connectivity along with Sierra Wireless modules and routers.

Key Points: 
  • Sierra Wireless (NASDAQ: SWIR) (TSX: SW), a world leading IoT solutions provider, today announced that its providing first responders and extended public safety community access to a full solution which includes FirstNet connectivity along with Sierra Wireless modules and routers.
  • The FirstNet Embedded IoT Program allows organizations like Sierra Wireless to integrate FirstNet into industry-leading FirstNet-eligible devices.
  • When disaster strikes, network access is critical for the extended public safety community, said Ross Gray, vice president of managed connectivity solutions at Sierra Wireless.
  • A full solution, which includes a Sierra Wireless device, FirstNet connectivity, and a purpose-built, cloud-based dashboard, allows extended public safety users to have confidence that their critical communications stay intact when they need it most.

Pebblebrook Hotel Trust Declares Dividends for Fourth Quarter 2022

Retrieved on: 
Thursday, December 15, 2022

Pebblebrook Hotel Trust (NYSE: PEB) is a publicly traded real estate investment trust (REIT) and the largest owner of urban and resort lifestyle hotels in the United States.

Key Points: 
  • Pebblebrook Hotel Trust (NYSE: PEB) is a publicly traded real estate investment trust (REIT) and the largest owner of urban and resort lifestyle hotels in the United States.
  • The Company owns 51 hotels, totaling approximately 12,800 guest rooms across 15 urban and resort markets.
  • This press release contains certain forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995.
  • For additional information or to receive press releases via email, please visit our website at

SAIC Awarded Blanket Purchase Agreement to Provide Systems Evaluation for TSA Screening Equipment

Retrieved on: 
Thursday, December 15, 2022

Science Applications International Corp. (NYSE: SAIC ) has been awarded a blanket purchase agreement by the Transportation Security Administration (TSA) with an estimated value of $150 million, to continue performing operational testing and evaluation of TSA airport screening equipment and non-screening systems.

Key Points: 
  • Science Applications International Corp. (NYSE: SAIC ) has been awarded a blanket purchase agreement by the Transportation Security Administration (TSA) with an estimated value of $150 million, to continue performing operational testing and evaluation of TSA airport screening equipment and non-screening systems.
  • SAICs cost-effective system evaluation capabilities support essential airport screening equipment used every day to protect travelers in the U.S., as well as non-screening systems that support critical DHS and TSA operations.
  • Under this agreement, SAIC will provide test planning, execution, data analysis and evaluation of passenger and baggage screening equipment.
  • Additionally, this blanket purchase agreement will ensure TSA continues to receive the critical support needed to validate the operational effectiveness, suitability and cyber resilience of systems used to protect the nations transportation of people and cargo.