Epidemic

Performance Shipping Inc. Announces New Loan Facility With Alpha Bank S.A. to Partially Finance the Acquisition of M/T P. Long Beach

Retrieved on: 
Thursday, December 8, 2022
Accident, Coronavirus, Letter, Record, Alpha Bank, LR2, Insurance, Petroleum, International Ship and Port Facility Security Code, Transport, SOFR, Facility, Pandemic, COVID-19, Epidemic, Risk management

Proceeds from this Facility will be used to finance up to about 50% of the purchase price of the previously announced 2013 built LR2 tanker vessel the Company has agreed to acquire, the M/T Fos Hamilton, to be renamed P. Long Beach.

Key Points: 
  • Proceeds from this Facility will be used to finance up to about 50% of the purchase price of the previously announced 2013 built LR2 tanker vessel the Company has agreed to acquire, the M/T Fos Hamilton, to be renamed P. Long Beach.
  • The Facility is secured by, among other things, a guarantee of the Company and a first priority mortgage over the M/T P. Long Beach.
  • The Company employs its fleet on spot voyages, through pool arrangements and on time charters.
  • Please see our filings with the U.S. Securities and Exchange Commission for a more complete discussion of these and other risks and uncertainties.

Latin Metals Provides Update on Barrick Gold Exploration Activities, Argentina

Retrieved on: 
Thursday, December 8, 2022
Accident, TSX Venture Exchange, Property, Health, Dispute resolution, Copper, Conversation, News, Insurance, Second Optional Protocol to the International Covenant on Civil and Political Rights, Legislation, Exercise, SEDAR, Plant, Risk, National Cyber Security Authority (Israel), Pandemic, Barrick, Mining, First Option, Financial statement, COVID-19, Epidemic, Security (finance), Risk management

This news release contains forward-looking statements and forward-looking information (collectively, "forward-looking statements") within the meaning of applicable Canadian and U.S. securities legislation, including the United States Private Securities Litigation Reform Act of 1995.

Key Points: 
  • This news release contains forward-looking statements and forward-looking information (collectively, "forward-looking statements") within the meaning of applicable Canadian and U.S. securities legislation, including the United States Private Securities Litigation Reform Act of 1995.
  • Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct.
  • Readers are cautioned not to place undue reliance on forward looking statements.
  • Except as otherwise required by law, the Company undertakes no obligation to update any of the forward-looking information in this news release or incorporated by reference herein.

CarGurus Announces $250 Million Share Repurchase Program

Retrieved on: 
Thursday, December 8, 2022
Security (finance), PistonHeads, Algorithm, Trust, Name, SEC Rule 10b5-1, Rule, Growth, André Caroff, Share repurchase, Pandemic, United Kingdom, COVID-19, Epidemic, Bank, CarGurus

The specific manner, timing and amounts of any purchases under the share repurchase program will be subject to the Company’s discretion and may be based on market conditions and other factors, including price.

Key Points: 
  • The specific manner, timing and amounts of any purchases under the share repurchase program will be subject to the Company’s discretion and may be based on market conditions and other factors, including price.
  • The share repurchase program has an expiration date of December 31, 2023 and prior to its expiration may be modified, suspended or discontinued by the Company’s Board of Directors at any time.
  • The share repurchase program does not obligate the Company to repurchase any minimum dollar amount or number of shares.
  • All statements contained in this press release other than statements of historical facts, including, without limitation, statements regarding our share repurchase program and our use and deployment of capital, are forward-looking statements.

Performance Shipping Inc. Regains Compliance With Nasdaq Minimum Bid Price Requirement

Retrieved on: 
Wednesday, December 7, 2022
Accident, Coronavirus, Letter, Record, Insurance, Petroleum, Transport, Pandemic, COVID-19, Epidemic, Risk management

ATHENS, Greece, Dec. 07, 2022 (GLOBE NEWSWIRE) -- Performance Shipping Inc. (NASDAQ: PSHG), (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, today announced that the Nasdaq Stock Market (“Nasdaq”) has confirmed that the Company has regained compliance with Nasdaq's minimum bid price requirements for continued listing on the Nasdaq Capital Market.

Key Points: 
  • ATHENS, Greece, Dec. 07, 2022 (GLOBE NEWSWIRE) -- Performance Shipping Inc. (NASDAQ: PSHG), (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, today announced that the Nasdaq Stock Market (“Nasdaq”) has confirmed that the Company has regained compliance with Nasdaq's minimum bid price requirements for continued listing on the Nasdaq Capital Market.
  • Commenting on this, Andreas Michalopoulos, the Company’s Chief Executive Officer, stated:
    “As a publicly listed company since 2011, we are very pleased to maintain our listing on the Nasdaq Capital Market.”
    Performance Shipping Inc. is a global provider of shipping transportation services through its ownership of tanker vessels.
  • The Company employs its fleet on spot voyages, through pool arrangements and on time charters.
  • Please see our filings with the U.S. Securities and Exchange Commission for a more complete discussion of these and other risks and uncertainties.

Performance Shipping Inc. Announces Delivery of the Aframax Tanker, M/T P. Monterey

Retrieved on: 
Monday, December 5, 2022
Acquisition, Accident, Coronavirus, Employment, Record, Insurance, Petroleum, Transport, Pandemic, ST, COVID-19, Epidemic, Aframax, Shipbuilding, Risk management, Glencore

The M/T P. Monterey is equipped with a ballast water treatment system (BWTS), and its next scheduled special survey is not due until 2026.

Key Points: 
  • The M/T P. Monterey is equipped with a ballast water treatment system (BWTS), and its next scheduled special survey is not due until 2026.
  • The Company’s fleet currently consists of seven (7) Aframax tanker vessels and one (1) Aframax tanker vessel expected to be delivered within December.
  • Commenting on this delivery, Andreas Michalopoulos, the Company’s Chief Executive Officer, stated:
    “The acquisition of the M/T P. Monterey marks another important milestone for our Company.
  • Please see our filings with the U.S. Securities and Exchange Commission for a more complete discussion of these and other risks and uncertainties.

IAA Expands Inspection Services Platform with Undercarriage Images

Retrieved on: 
Thursday, December 15, 2022
Aftermarket, EV, Electric Vehicles, Automotive, Online Retail, Professional Services, Other Automotive, General Automotive, Retail, Off-Road Trucks & SUVs, Insurance, Fleet Management, Car, Privacy, Annual report, NYSE, Failure, Ritchie Bros. Auctioneers, Security (finance), Marketing, Sale, IAA, Risk, Infection, EVS, Pandemic, Sport utility vehicle, United States Postal Inspection Service, Senior, United Kingdom, COVID-19, Epidemic, Risk management

IAA, Inc. (NYSE: IAA), a leading global digital marketplace connecting vehicle buyers and sellers, announces the launch of undercarriage photo services within its Inspection Services platform.

Key Points: 
  • IAA, Inc. (NYSE: IAA), a leading global digital marketplace connecting vehicle buyers and sellers, announces the launch of undercarriage photo services within its Inspection Services platform.
  • Providers will receive 10 standard images through IAAs CSAToday inventory management system, which will include multiple views showing the vehicles entire undercarriage.
  • This undercarriage image service can be added to any level of inspection services or as a separate request.
  • As the industry leader in this space, we are excited to add undercarriage imaging to our Inspection Services platform to deliver further value to our customers.

Henry Schein Makes Investment to Form Strategic Partnership With Biotech Dental Group

Retrieved on: 
Friday, December 16, 2022
Health, Medical Devices, Technology, Health Technology, Software, Dental, Biotechnology, Acquisition, Disease, Collection, Privacy, Intellectual property, Annual report, Orthodontics, Failure, Terrorism, Novel coronavirus, Dentist, COVID-19, Government, FDA, EPS, Knight, Entrepreneurship, Risk, Dental, Vaccine, Ernst & Young, Affordable Care Act, Workforce, Ernst & Young Entrepreneur of the Year Award, Supply chain, Personal protective equipment, S&P, Growth, Epidemic, Pandemic, Public health, Care Act 2014, Risk factor, Health information management, Patient, Breast implant, Schein, Dentistry, Medical device, Management, Pharmaceutical industry, Biotechnology

Henry Schein and Biotech Dental will partner to bring Biotech Dentals full line of high-quality software, products, and services, including dental prostheses, clear aligners, dental implants, regenerative solutions, and biomaterials, to more dentists and dental laboratories as well as new geographies.

Key Points: 
  • Henry Schein and Biotech Dental will partner to bring Biotech Dentals full line of high-quality software, products, and services, including dental prostheses, clear aligners, dental implants, regenerative solutions, and biomaterials, to more dentists and dental laboratories as well as new geographies.
  • Henry Schein and Biotech Dental are committed to offering customers best-in-class, user-friendly, customer-centric solutions based on open architecture that help improve patient outcomes, said Stanley M. Bergman, Chairman of the Board and Chief Executive Officer of Henry Schein.
  • Biotech Dental has excelled in several of the most exciting and fastest-growing segments of the dental market, including implants and aligners.
  • Under the terms of the transaction, Henry Schein will acquire a majority ownership position in Biotech Dental.

Chevron Invests in Carbon Capture and Removal Technology Company, Svante

Retrieved on: 
Thursday, December 15, 2022
Philanthropy, Oil, Gas, Environmental Health, Alternative Vehicles, Fuels, Energy, General Automotive, Technology, Automotive, Environment, Fund Raising, Green Technology, Other Technology, Annual report, Marketing, Organization, Liberty Media, Nitrogen, Lubricant, Tax, CO2, Carbon dioxide, CVX, COVID-19, Accident, Weather, Chevron U.S.A., Inc. v. Natural Resources Defense Council, Inc., Founders Circle Capital, Natural gas, Investment, Paper, Petroleum, Legislation, Multimedia, CNE, Aluminium, Pandemic, Coronavirus, Primary energy, Carbon, News, Chevron Corporation, 3M, Epidemic, Steel, National Energy Technology Laboratory, NYSE, Failure, Bed, Temasek, Government, Curtailment (electricity), U.S. Department of Defense Strategy for Operating in Cyberspace, U.S. Department of Energy, Office of Inspector General, Samsung Engineering, RBC Capital Markets, Hydrogen, Renewable energy, Energy, Svante

Since its founding in 2007, Svante has developed carbon capture and removal technology using structured adsorbent beds, known as filters.

Key Points: 
  • Since its founding in 2007, Svante has developed carbon capture and removal technology using structured adsorbent beds, known as filters.
  • The size and cost of installing carbon capture technology has been a barrier to industry adoption.
  • In 2020, Chevron launched a project to pilot Svante technology to capture CO2 from post combustion of natural gas.
  • With the ability to capture CO2 from industrial sources and directly from the atmosphere in an environmentally sustainable way, Svante makes industrial-scale carbon capture and carbon removal a reality.

Chevron and Baseload Capital Create Joint Venture to Explore Geothermal Development Opportunities

Retrieved on: 
Wednesday, December 14, 2022
Software, Other Energy, Hardware, Utilities, Oil, Gas, Other Natural Resources, Alternative Energy, Energy, Technology, Natural Resources, Chemicals, Plastics, Manufacturing, Organization, Coronavirus, Chevron Corporation, Curtailment (electricity), Accident, CVX, Corporation, Weather, Society, Partnership, GORE-TEX, Natural gas, Annual report, Pandemic, Epidemic, NYSE, Government, COVID-19, Petroleum, News, Failure, Geothermal energy, Lubricant, Marketing, Tax, Legislation, Chevron, Carbon, Renewable energy

Chevron Corporation (NYSE: CVX), through its Chevron New Energies business, and Baseload Capital have announced a joint venture to develop geothermal projects in the United States.

Key Points: 
  • Chevron Corporation (NYSE: CVX), through its Chevron New Energies business, and Baseload Capital have announced a joint venture to develop geothermal projects in the United States.
  • Through this agreement, Chevron and Baseload Capital will work together to create awareness around geothermal energy which will be a critical supply option for renewable energy.
  • The first project Chevron and Baseload Capital have identified is in Weepah Hills, Nevada, USA.
  • The two companies will pursue development opportunities in Esmeralda County where previous geothermal research and advanced exploration already exist.

IAA Announces New Branches in Minnesota and Maryland

Retrieved on: 
Wednesday, December 14, 2022
Aftermarket, Automotive, General Automotive, Specialty, Tires & Rubber, Performance & Special Interest, Retail, Motorcycles, Online Retail, Security (finance), Infection, IAA, United Kingdom, Ritchie Bros. Auctioneers, MD, Risk, Sale, Privacy, Annual report, Pandemic, Epidemic, NYSE, COVID-19, Minneapolis–Saint Paul, Failure, Marketing, Non-U.S. operators of the M60 Patton, Bank

IAA, Inc. (NYSE: IAA), a leading global digital marketplace connecting vehicle buyers and sellers, announces the opening of new branches in Minnesota and Maryland.

Key Points: 
  • IAA, Inc. (NYSE: IAA), a leading global digital marketplace connecting vehicle buyers and sellers, announces the opening of new branches in Minnesota and Maryland.
  • IAA Elkton (MD), the states fifth branch, supports growing demand in Baltimore and northern Maryland.
  • Our new branches in Minnesota and Maryland are positioned to meet demand as we continue to enhance the experience for our customers.
  • The new branches are located at the following:
    IAA, Inc. (NYSE: IAA) is a leading global digital marketplace connecting vehicle buyers and sellers.