Nasdaq

Burke & Herbert Financial Services Corp. Announces Intention to Become Publicly-Traded Exchange-Listed Company

Retrieved on: 
Tuesday, November 15, 2022

ALEXANDRIA, Va., Nov. 15, 2022 /PRNewswire/ --Burke & Herbert Financial Services Corp. (the "Company") (OTCPK: BHRB), the bank holding company for Burke & Herbert Bank & Trust Company, announced the intent to list its shares on the Nasdaq stock exchange within the next six months.

Key Points: 
  • ALEXANDRIA, Va., Nov. 15, 2022 /PRNewswire/ --Burke & Herbert Financial Services Corp. (the "Company") (OTCPK: BHRB), the bank holding company for Burke & Herbert Bank & Trust Company, announced the intent to list its shares on the Nasdaq stock exchange within the next six months.
  • "We believe listing our shares on Nasdaq will broaden the Company's access to capital and provide better liquidity for our shareholders," said David P. Boyle, President & Chief Executive Officer.
  • Burke & Herbert Financial Services Corp. is the bank holding company for Burke & Herbert Bank & Trust Company.
  • Burke & Herbert Bank & Trust Company is the oldest continuously operating bank under its original name headquartered in the greater Washington DC Metro area.

Synopsys Research Finds Vulnerabilities in 95% of Applications, 25% Impacted by Critical- or High-Risk Vulnerabilities

Retrieved on: 
Tuesday, November 15, 2022

MOUNTAIN VIEW, Calif., Nov. 15, 2022 /PRNewswire/ -- Synopsys, Inc. (Nasdaq: SNPS) today published the "Software Vulnerability Snapshot: The 10 Most Common Web Application Vulnerabilities." The report examines the results of 4,300 security tests conducted on 2,700 software targets, including web applications, mobile applications, source code files, and networks systems (i.e., software or systems). The majority of the security tests were intrusive "black box" or "gray box" tests, including penetration testing, dynamic application security testing (DAST), and mobile application security testing (MAST), designed to probe running applications as a real-world attacker would.

Key Points: 
  • MOUNTAIN VIEW, Calif., Nov. 15, 2022 /PRNewswire/ -- Synopsys, Inc. (Nasdaq: SNPS) today published the " Software Vulnerability Snapshot: The 10 Most Common Web Application Vulnerabilities ."
  • Industries represented in the tests included software and internet, financial services, business services, manufacturing, consumer services, and healthcare.
  • Twenty percent of the targets had high-risk vulnerabilities (a 10% decrease from last year), and 4.5% had critical vulnerabilities (a 1.5% decrease from last year).
  • Nonetheless, resurfacing these vulnerabilities isn't an empty exercise, as even lower-risk vulnerabilities can be exploited to facilitate attacks.

The National Institute for Innovation and Technology (NIIT) and Applied Materials Establish Texas' First Apprenticeship for Semiconductor Equipment Manufacturing

Retrieved on: 
Tuesday, November 15, 2022

HANOVER, Md., Nov. 15, 2022 /PRNewswire/ -- Today, the National Institute for Innovation and Technology (NIIT), the leader in developing the nation's semiconductor talent pipeline, and Applied Materials, Inc. ("Applied"), the world's largest semiconductor equipment group, announced an agreement to establish a Registered Apprenticeship Program designed specifically to strengthen the company's technician and assembler workforce.

Key Points: 
  • "Applied Materials is excited to launch this key program at our Austin manufacturing site," said David Immenhauser, Vice President of Manufacturing at Applied Materials.
  • The Applied initiative is part of NIIT's "Growing Apprenticeships in Nanotechnology and Semiconductors" (GAINS) program, designed specifically to meet the needs of the semiconductor industry.
  • Applied Materials provides foundational technology for the semiconductor industry, supporting chip production facilities around the world.
  • We are excited to be supporting Applied Materials, a technology leader and the largest provider of equipment to semiconductor fabs around the world."

Precision Optics to Uplist to the Nasdaq Capital Market

Retrieved on: 
Tuesday, November 15, 2022

GARDNER, Mass., Nov. 15, 2022 /PRNewswire/ -- Precision Optics Corporation, Inc. (OTCQB: PEYE; PEYED) (NASDAQ: POCI) (the "Company") today announced that the Company has been approved to list on the Nasdaq Capital Market ("Nasdaq"), and that trading on the Nasdaq is expected to begin on Wednesday, November 16, 2022, under the symbol "POCI." The Company's shares will continue to trade on the OTCQB until trading on Nasdaq commences.

Key Points: 
  • Trading Under the Ticker "POCI" Expected to Begin on Wednesday, November 16, 2022
    GARDNER, Mass., Nov. 15, 2022 /PRNewswire/ -- Precision Optics Corporation, Inc. (OTCQB: PEYE; PEYED) (NASDAQ: POCI) (the "Company") today announced that the Company has been approved to list on the Nasdaq Capital Market ("Nasdaq"), and that trading on the Nasdaq is expected to begin on Wednesday, November 16, 2022, under the symbol "POCI."
  • The "PEYED" ticker used for Precision Optics shares traded on the OTCQB will seamlessly transition to the new ticker symbol "POCI" on the first day of trading on Nasdaq.
  • "Following the strong financial results of the past year, including the record first quarter fiscal 2023 revenues we announced on Monday, we believe the timing is ideal to uplist our shares to the Nasdaq," commented Dr. Joseph Forkey, CEO of Precision Optics.
  • "This uplisting should enhance the visibility of Precision Optics in the capital markets, allowing for increased sponsorship from institutional investors as well as increased liquidity in the trading volume of our stock.

United Becomes First U.S. Airline to Invest in Biofuel Refinery

Retrieved on: 
Tuesday, November 15, 2022

CHICAGO, Nov. 15, 2022 /PRNewswire/ -- Today, United Airlines Ventures (UAV) announced a strategic investment in NEXT Renewable Fuels (NEXT), which is permitting a flagship biofuel refinery in Port Westward, Oregon, with expected production beginning in 2026. NEXT is a Houston-based company developing the biorefinery which, at full production, could produce up to 50,000 barrels per day of Sustainable Aviation Fuel (SAF), renewable diesel, and other renewable fuels. UAV could invest as much as $37.5 million into NEXT, as long as the company meets certain milestone targets.

Key Points: 
  • UAV could invest as much as $37.5 million into NEXT, as long as the company meets certain milestone targets.
  • "United's investment in NEXT strengthens our resolve to be one of the clean fuels leaders in the transportation sector."
  • United is bringing back our customers' favorite destinations and adding new ones on its way to becoming the world's best airline.
  • United Airlines Holdings, Inc., the parent company of United Airlines, Inc., is traded on the Nasdaq under the symbol "UAL".

John Boris Appointed as Tripadvisor's Chief Marketing Officer

Retrieved on: 
Tuesday, November 15, 2022

NEEDHAM, Mass, Nov. 15, 2022 /PRNewswire/ -- Tripadvisor, the world's largest travel guidance platform, today announced the appointment of tech, travel and hospitality veteran, John Boris, as its Chief Marketing Officer.

Key Points: 
  • NEEDHAM, Mass, Nov. 15, 2022 /PRNewswire/ -- Tripadvisor, the world's largest travel guidance platform, today announced the appointment of tech, travel and hospitality veteran, John Boris, as its Chief Marketing Officer.
  • In the role, John will establish a world-class marketing function for Tripadvisor, where he will have direct responsibility for the platform's B2C and B2B marketing strategy and execution.
  • "I'm excited to have John join Tripadvisor as our Chief Marketing Officer, knowing he will put the needs of travelers and our partners at the heart of everything we do.
  • As the Chief Marketing Officer of Shutterfly, he helped grow and transform the company into the industry leader.

Lam Research Acquires SEMSYSCO to Advance Chip Packaging

Retrieved on: 
Tuesday, November 15, 2022

With the addition of SEMSYSCO, Lam gains capabilities in advanced packaging, ideal for leading-edge logic chips and chiplet-based solutions for high-performance computing (HPC), artificial intelligence (AI) and other data-intensive applications.

Key Points: 
  • With the addition of SEMSYSCO, Lam gains capabilities in advanced packaging, ideal for leading-edge logic chips and chiplet-based solutions for high-performance computing (HPC), artificial intelligence (AI) and other data-intensive applications.
  • With acquisition of SEMSYSCO, Lam Research expands it advanced packaging capabilities for chips and chiplets.
  • The acquisition of SEMSYSCO broadens Lam's packaging offerings, bringing a portfolio of innovative cleaning and plating capabilitiesfor chiplet-to-chiplet or chiplet-to-substrate heterogeneous integration.
  • "With innovative offerings and leading-edge research and development in packaging, Lam is well-positioned to support our customers as they scale to future chiplet-based technologies."

IDScan.net Announces Collaboration with Jack Henry to Remove Barriers in Mobile Onboarding

Retrieved on: 
Tuesday, November 15, 2022

NEW ORLEANS, Nov. 15, 2022 /PRNewswire-PRWeb/ -- IDScan.net today announced a collaboration with Jack Henry™, a leading financial technology provider, to provide identity validation for digital account creation via the Jack Henry OpenAnywhereTM platform.

Key Points: 
  • IDScan.net today announced a collaboration with Jack Henry, a leading financial technology provider, to provide identity validation for digital account creation via the Jack Henry OpenAnywhereTM platform.
  • NEW ORLEANS, Nov. 15, 2022 /PRNewswire-PRWeb/ -- IDScan.net today announced a collaboration with Jack Henry, a leading financial technology provider, to provide identity validation for digital account creation via the Jack Henry OpenAnywhereTM platform.
  • Through its collaboration with IDScan.net, Jack Henry offers the frictionless, mobile onboarding experience overwhelmingly preferred by younger consumers.
  • Simmons Bank wanted to offer a superior experience for digital account creation inside their mobile app, while simultaneously reducing their fraud risk.

mCloud Announces Third Quarter 2022 Financial Results

Retrieved on: 
Tuesday, November 15, 2022

mCloud saw a decline in total revenues in Q3 2022, with Q3 2022 total revenues at C$2.9 million for the quarter compared to C$7.4 million in Q3 2021.

Key Points: 
  • mCloud saw a decline in total revenues in Q3 2022, with Q3 2022 total revenues at C$2.9 million for the quarter compared to C$7.4 million in Q3 2021.
  • As a result, Agnity results are consolidated to July 29. mCloud expects cumulative profit and loss results for the fiscal year ended December 31, 2022 to include Agnity items up to July 29.
  • As a result of the actions taken in Q3 2022, it is expected direct expenses in the fourth quarter ending December 31, 2022 ("Q4 2022") will be significantly lower compared to direct expenses in Q3 2022.
  • The Company will host a conference call at 10:00am EST on November 15, 2022 to discuss the financial results.

Omega Therapeutics Named One of BioSpace's 2023 Best Places to Work

Retrieved on: 
Tuesday, November 15, 2022

CAMBRIDGE, Mass., Nov. 15, 2022 /PRNewswire/ -- Omega Therapeutics, Inc. (Nasdaq: OMGA) ("Omega"), a clinical-stage biotechnology company pioneering the first systematic approach to use mRNA therapeutics as a new class of programmable epigenetic medicines, today announced that it has been named among BioSpace's Best Places to Work 2023 report in the small employers category.

Key Points: 
  • CAMBRIDGE, Mass., Nov. 15, 2022 /PRNewswire/ -- Omega Therapeutics, Inc. (Nasdaq: OMGA) ("Omega"), a clinical-stage biotechnology company pioneering the first systematic approach to use mRNA therapeutics as a new class of programmable epigenetic medicines, today announced that it has been named among BioSpace's Best Places to Work 2023 report in the small employers category.
  • BioSpace's Best Places to Work 2023 was determined by input from company employees as well as voting from more than 2,000 life sciences professionals.
  • To view the complete lists of 2023 Best Places to Work, click here .
  • Omega Therapeutics, founded by Flagship Pioneering, is a clinical-stage biotechnology company pioneering the first systematic approach to use mRNA therapeutics as a new class of programmable epigenetic medicines.