VIC | Jotup

NFI subsidiary New Flyer awarded two contracts from New York for up to 2,090 Xcelsior® transit buses

Retrieved on:

Monday, March 11, 2024

EV, Eus, Federal Transit Administration, OTC, TSX, NFI, New Flyer Xcelsior, VIC, City, MTA, NYCT, FTA, Partnership, Transport

ST. CLOUD, Minn., March 11, 2024 (GLOBE NEWSWIRE) -- (TSX: NFI, OTC: NFYEF, TSX: NFI.DB) New Flyer of America Inc. (New Flyer), a subsidiary of NFI Group Inc. (NFI) and North America’s leading manufacturer of heavy-duty transit buses, today announced that it has been awarded two new contracts from the New York City Transit Authority (NYCT) including firm orders for 429 Xcelsior® buses (671 equivalent units or EUs) with options to purchase up to 1,661 additional buses (2,379 EUs) over the next five years.

Key Points:

The battery-electric vehicles manufactured under these contracts will support MTA’s goal of transitioning the agency’s entire bus fleet to zero-emission alternatives by 2040.
NYCT’s battery-electric vehicle purchase was supported through the Federal Transit Administration (FTA) Low or No Emission (Low-No) grant program.
The EUs from these two contracts were previously included in bid award pending and now move into NFI’s backlog.
Since opening in late 2017, the VIC has hosted over 350 interactive events, welcoming 7,000 industry professionals for EV and infrastructure training.

OTC Markets Group Reports Fourth Quarter and Full Year 2023 Results Delivering Continued Revenue Growth

Retrieved on:

Wednesday, March 6, 2024

Online, OTCQB, PIN, DNS, Common stock, Growth, OTC Markets Group, VIC, GAAP, Corporate services, Donnelley Financial Solutions, Information services, Webcast, OTCQX, Q&A

NEW YORK, March 06, 2024 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced its financial results for the fourth quarter and full year 2023.

Key Points:

OTC Link revenues down 6%, primarily as a result of a reduction in revenues from OTC Link ATS messages of 18% and from OTC Link ECN and OTC Link NQB, which in aggregate declined 5%.
Contributing to the overall decline in OTC Link revenues were also QAP One Statement fees, down 31%.
The decline in OTC Link revenues is consistent with a year over year decline in trading activity on our markets.
OTC Markets Group announced today that its Board of Directors authorized and approved a quarterly cash dividend of $0.18 per share of Class A Common Stock.

Bona Announces Acquisition of Australian Distributor, Ezi Floor Products (EFP)

Retrieved on:

Monday, February 19, 2024

Bona ®, a global, sustainably-driven company that supplies products for installing, renovating, maintaining, and restoring premium floors, has announced the acquisition of Ezi Floor Products (VIC) Pty Ltd (EFP), a distributor based in Melbourne, Australia.

Key Points:

Bona ®, a global, sustainably-driven company that supplies products for installing, renovating, maintaining, and restoring premium floors, has announced the acquisition of Ezi Floor Products (VIC) Pty Ltd (EFP), a distributor based in Melbourne, Australia.
EFP, which has been the exclusive importer and national distributor of Bona products in Australia for over 20 years, will now be a Bona subsidiary.
“EFP has long been a trusted timber floor products supplier in Australia with decades of experience in supporting contractors and homeowners,” said Magnus Andersson, CEO, Bona.
“As an exclusive distributor of Bona products for more than two decades and a family company, we look forward to being part of the Bona family and joining the Bona Global Network.

NFI presents at White House Roundtable focused on strengthening U.S. bus manufacturing and clean transit deployment

Retrieved on:

Friday, February 9, 2024

White, MCI, VIC, Federal Transit Administration, Marketing, NFI, Bus, TSX, EV, OTC, Task force, City, Environment, FTA, APTA, American Public Transportation Association, Round Table, Renewable energy

The White House in coordination with the Federal Transit Administration (“FTA”) and the American Public Transportation Association (“APTA”), convened the Roundtable focused on ensuring U.S. domestic manufacturing capacity to deliver clean transit buses is at the scale and pace needed to meet market demand and achieve national climate and equity goals.

Key Points:

The White House in coordination with the Federal Transit Administration (“FTA”) and the American Public Transportation Association (“APTA”), convened the Roundtable focused on ensuring U.S. domestic manufacturing capacity to deliver clean transit buses is at the scale and pace needed to meet market demand and achieve national climate and equity goals.
The Task Force recommended, amongst other things, three immediate changes in bus contracts: price adjustments, progress payments, and the use of price indices.
“NFI was honored to participate in the White House Roundtable,” said Mr. Soubry.
Since opening in late 2017, the VIC has hosted over 350 interactive events, welcoming 7,000 industry professionals for EV and infrastructure training.

JOJOJOJOSoft Launches 'Meet the Suckers': A Revolutionary GameFi Platform Blending Fun and Financial Opportunity

Retrieved on:

Monday, January 22, 2024

Empowerment, VIC, JJC, Blockchain, Friends, Sucker, Environment, Veteran, DEX, Creativity, Grammatical mood, Mechanics, Non-fungible token, Video game

Reminiscing his past, Songpracone shares, "One of my best memories from childhood was playing games with friends.

Key Points:

Reminiscing his past, Songpracone shares, "One of my best memories from childhood was playing games with friends.
This unique GameFi platform is designed to turn gaming skills into financial gains.
Players can potentially receive tangible rewards for their gaming prowess, making every session an opportunity for both fun and financial gain.
This game is set to redefine the gaming landscape, offering a platform that is much more than just fun – it's a gateway to a new world of opportunities.

NFI provides update on fourth quarter 2023 deliveries, orders, backlog, and financial guidance

Retrieved on:

Wednesday, January 17, 2024

VIC, Growth, City, Documentation, NFI, OTC, Investment, TSX, EV, Fiscal, Beauty salon

WINNIPEG, Manitoba, Jan. 17, 2024 (GLOBE NEWSWIRE) -- (TSX: NFI, OTC: NFYEF, TSX: NFI.DB) NFI Group Inc. (“NFI” or the “Company”), a leading independent global bus and coach manufacturer and a leader in electric mass mobility solutions, provided an update on its deliveries for the 13-week period ended December 31, 2023 ("2023 Q4"), and provided an update on its orders, backlog1 and financial guidance as of the end of 2023 Q4.2 All figures related to 2023 Q4 and Fiscal 2023 included in this press release are unaudited and will be finalized prior to the release of NFI’s audited financial results.

Key Points:

“NFI finished 2023 strong as our team delivered buses, coaches, and aftermarket parts in line with our expectations,” said Paul Soubry, President and Chief Executive Officer, NFI.
Expected 2023 Q4 quarter-end work-in-process inventory of 914 EUs, a decrease of 211 EUs from 2023 Q3.
NFI expects that it will achieve an annualized run rate of $400 million of Adjusted EBITDA1 by the fourth quarter of 2025.
NFI will provide additional details on its outlook, Fiscal 2024 guidance, and 2025 financial targets with the release of its audited Fiscal 2023 results.

NFI announces financing from PrairiesCan to support innovation of zero-emission bus and coach offerings and expansion of Manitoba production capabilities

Retrieved on:

Monday, December 18, 2023

New Flyer Xcelsior, Winnipeg South Centre, Partnership, D45, VIC, NFI, City, Motor Coach Industries, Economic development, Natural Resources, TSX, MCI, OTC, Investment, Project Phoenix, Parliament, EV, Transport

The financing matches investments previously made by NFI into its zero-emission vehicle capabilities from late 2021 into 2023, and funds being invested into facility upgrades in 2024.

Key Points:

The financing matches investments previously made by NFI into its zero-emission vehicle capabilities from late 2021 into 2023, and funds being invested into facility upgrades in 2024.
“On behalf of the entire team at NFI, I would like to thank PrairiesCan for their partnership and financial support.
“The funds have been strategically invested alongside our own funds in continuing innovation of our zero-emissions transit bus and coach offerings, and transforming production lines at our MCI facility.
NFI also operates the Vehicle Innovation Center (“VIC”), the first and only innovation lab of its kind dedicated to advancing bus and coach technology and providing workforce development.

Clean Energy and Precious Metals Virtual Investor Conference Agenda Announced for December 4th- December 6th, 2023

Retrieved on:

Thursday, November 30, 2023

Market, Conference, OTC Markets Group, Corporate services, VIC

NEW YORK, Nov. 30, 2023 (GLOBE NEWSWIRE) -- Virtual Investor Conferences, the leading proprietary investor conference series, today announced the agenda for the Clean Energy and Precious Metals Virtual Investor Conference to be held December 4th through December 6th, 2023.

Key Points:

NEW YORK, Nov. 30, 2023 (GLOBE NEWSWIRE) -- Virtual Investor Conferences, the leading proprietary investor conference series, today announced the agenda for the Clean Energy and Precious Metals Virtual Investor Conference to be held December 4th through December 6th, 2023.
Individual investors, institutional investors, advisors, and analysts are invited to attend.
It is recommended that investors pre-register and run the online system check to expedite participation and receive event updates.
“OTC Markets is looking forward to hosting a three-day Clean Energy and Precious Metals Virtual Investor Conference which will feature 40 presenting companies from various markets,” said Jason Paltrowitz, Executive Vice President of Corporate Services at OTC Markets Group.

Dyadic Announces Third Quarter 2023 Financial Results and Highlights Recent Company Progress

Retrieved on:

Wednesday, November 8, 2023

Phase 1 clinical trial, last patient last visit occurred in September, data lock achieved on November 1, 2023 and top-line results are expected in December 2023 with full study report to follow.

Key Points:

Phase 1 clinical trial, last patient last visit occurred in September, data lock achieved on November 1, 2023 and top-line results are expected in December 2023 with full study report to follow.
Interim phase 1 clinical trial safety results are helping to accelerate the adoption of our C1 protein production platform in use for manufacturing human vaccines.
In October 2023, the Company received an upfront payment of $0.6 million for product development.
The Company is making progress in developing animal-free recombinant serum albumin with initial positive analytical results towards commercialization and prospective licensing opportunities.

Wistar Scientists Engineer New NK cell Engaging Immunotherapy Approaches to Target and potentially Treat recalcitrant Ovarian Cancer

Retrieved on:

Wednesday, November 1, 2023

Ovarian cancer demonstrates a low response rate to standard-of-care treatments like chemotherapies, PARP inhibitors and the widely used checkpoint inhibitor, PD-1.

Key Points:

Ovarian cancer demonstrates a low response rate to standard-of-care treatments like chemotherapies, PARP inhibitors and the widely used checkpoint inhibitor, PD-1.
In the small proportion of ovarian cancer patients that do respond to these treatments, resistance becomes problematic over time — resulting in tumor escape and cancer progression.
NK cells have been recently described to express Siglec-7, so the team tested two new strategies to engage and activate NK cells against ovarian cancer through Siglec-7.
Wistar scientists are focused on solving some of the world’s most challenging and important problems in the field of cancer, infectious disease, and immunology.