Investor Relations

ABBYY and Novelis Innovation Expand Partnership to Leverage Purpose-Built AI Across Europe and the United States

Retrieved on: 
Tuesday, March 5, 2024

Novelis Innovation’s momentum for deploying ABBYY purpose-built artificial intelligence (AI) solutions in Europe is expanding into the United States.

Key Points: 
  • Novelis Innovation’s momentum for deploying ABBYY purpose-built artificial intelligence (AI) solutions in Europe is expanding into the United States.
  • Novelis successfully used ABBYY’s portfolio of intelligent automation solutions to drive greater document efficiency and strategic process visibility for several European clients in government, banking, and insurance, and Novelis will replicate this success in the United States with a broadened partnership with ABBYY.
  • Novelis helped these companies to eliminate major process bottlenecks, automate repetitive administrative tasks, and identify development priorities for further digital transformation of their legacy information systems.
  • “Working with ABBYY has significantly broadened the effectiveness of our customers’ automation initiatives,” said Catherine Stewart, President & General Manager for the Americas at Novelis.

CoreLogic: Annual US Home Price Growth Moves Up Gradually Again in January

Retrieved on: 
Tuesday, March 5, 2024

Year-over-year home price gains reached the highest rate in a year in January, but growth is expected to begin slowing in the coming months, falling to 2.6% by early 2025.

Key Points: 
  • Year-over-year home price gains reached the highest rate in a year in January, but growth is expected to begin slowing in the coming months, falling to 2.6% by early 2025.
  • Meanwhile, baby boomers who already have significant financial reserves can pay for homes entirely in cash, which further increases challenges for other buyers.
  • annual home price growth strengthened to 5.8% in January 2024,” said Dr. Selma Hepp, chief economist for CoreLogic.
  • CoreLogic’s forecast shows annual U.S. home price gains relaxing to 2.6% in January 2025.

Muck Rack Launches Major Measurement and Reporting Enhancements

Retrieved on: 
Wednesday, March 6, 2024

In addition, Muck Rack’s new widgets and reporting capabilities offer even more ways to measure key PR KPIs.

Key Points: 
  • In addition, Muck Rack’s new widgets and reporting capabilities offer even more ways to measure key PR KPIs.
  • Muck Rack enables organizations to build trust, tell their stories and demonstrate the unique value of earned media.
  • The only public relations management platform powered by intuitive technology and the most accurate, comprehensive data provided by journalists themselves, Muck Rack combines media database, monitoring and reporting for seamless team collaboration, pitching and measurement.
  • Purpose-built for communications and public relations, Muck Rack helps more than 5,000 companies worldwide analyze and report on the impact of their media relations.

JMR Services® and A-Plus P&A Announce Strategic Merger to Create the Leading Pure-Play P&A Service Provider in the Nation

Retrieved on: 
Tuesday, March 5, 2024

Mr. Roark founded JMR with his brother, Lee Roark, in 2015 and brings 41 years of industry experience to the combined company.

Key Points: 
  • Mr. Roark founded JMR with his brother, Lee Roark, in 2015 and brings 41 years of industry experience to the combined company.
  • Mr. Roark brings 28 years of industry experience with a primary focus on plugging and abandonment operations.
  • Randy Pacheco, Chief Executive Officer at A-Plus since 2016, will assume the role of Vice President of Governmental Affairs after the merger.
  • Mr. Pacheco has spent 25 years in and around the oilfield service industry, including a combined 10 years in multiple CEO roles.

Retail Leaders from Saks, Google, Coach, Ulta Beauty, Aerie, Madewell and Olaplex Named to Annual List of 25 Most Inspirational Women Leaders

Retrieved on: 
Tuesday, March 5, 2024

Retail leaders from Saks, Google, Coach, Ulta Beauty, Aerie, Madewell and Olaplex were among those named to the third annual list of the 25 Most Inspirational Women Leaders.

Key Points: 
  • Retail leaders from Saks, Google, Coach, Ulta Beauty, Aerie, Madewell and Olaplex were among those named to the third annual list of the 25 Most Inspirational Women Leaders.
  • The list, released ahead of International Women’s Day, recognizes some of the most respected names in global retail and is selected by three prominent business networks—the Retail Influencer Network , The DealmakeHers and The Z Suite —in partnership with Women in Retail Leadership Circle.
  • Berns Communications Group’s Retail Influencer Network is an exclusive community of senior business leaders and influential investors and analysts whose thought leadership is shaping the global retail industry.
  • The DealmakeHers is an invitation-only group of the most powerful female dealmakers in the retail and consumer space.

Wave Engine Corp. Demonstrates Complete Flight Capability on a UAV using a Jet Engine That Requires No Moving Parts

Retrieved on: 
Tuesday, March 5, 2024

The North American Wave Engine Corporation (“Wave Engine Corp.”), a leader in affordable next-gen propulsion technology and aerial systems, has demonstrated complete flight capability on a UAV using a jet engine that requires no moving parts.

Key Points: 
  • The North American Wave Engine Corporation (“Wave Engine Corp.”), a leader in affordable next-gen propulsion technology and aerial systems, has demonstrated complete flight capability on a UAV using a jet engine that requires no moving parts.
  • A video of the flight was also made available here:
    This press release features multimedia.
  • (Photo: Business Wire)
    Wave engines are a class of aircraft engines that operate using pressure waves instead of rotating machinery.
  • “We continue to push the performance and flight envelope,” said Daanish Maqbool, CEO of Wave Engine Corporation.

LogRhythm Promotes Joanne Wong to Interim Chief Marketing Officer

Retrieved on: 
Tuesday, March 5, 2024

LogRhythm , the company helping security teams stop breaches by turning disconnected data and signals into trustworthy insights, today announced the appointment of Joanne Wong as Interim Chief Marketing Officer.

Key Points: 
  • LogRhythm , the company helping security teams stop breaches by turning disconnected data and signals into trustworthy insights, today announced the appointment of Joanne Wong as Interim Chief Marketing Officer.
  • Wong brings a wealth of experience to her new role, proven over 9 years of driving successful marketing initiatives at LogRhythm.
  • Wong will join the executive leadership team and report directly to Christopher O’Malley, President and CEO of LogRhythm.
  • It is an honor to lead the charge in shaping our brand’s story globally, and I look forward to working with our talented teams across the world in our pursuit of making security easy for our customers,” said Joanne Wong, Interim Chief Marketing Officer at LogRhythm.

Next Health's Expansion: Bringing Cutting-Edge Wellness Solutions to Austin, Texas

Retrieved on: 
Thursday, March 7, 2024

Next Health, a pioneer in health optimization and longevity, is proud to announce its expansion into the city of Austin, Texas.

Key Points: 
  • Next Health, a pioneer in health optimization and longevity, is proud to announce its expansion into the city of Austin, Texas.
  • It underscores the company's unwavering commitment to addressing the increasing demand for proactive health solutions.
  • (Photo: Business Wire)
    Known for its vibrant community and innovative spirit, Austin has earned its reputation as a hub for forward-thinking approaches to health and wellness.
  • As Next Health prepares to introduce its groundbreaking wellness solutions to the city, the buzz surrounding its imminent arrival reflects Austin's growing appetite for transformative wellness experiences.

Simulations Plus and the University of Bath Awarded New FDA Grant

Retrieved on: 
Tuesday, March 5, 2024

“Collaborating with the University of Bath and other partners on this groundbreaking FDA grant is a remarkable opportunity.

Key Points: 
  • “Collaborating with the University of Bath and other partners on this groundbreaking FDA grant is a remarkable opportunity.
  • By doing so, we aim to significantly expedite the regulatory decision-making process, ultimately benefiting patients and the pharmaceutical industry.”
    FDA scientific and program staff will actively collaborate with the University of Bath, Colorado School of Mines, University of Reading, and Simulations Plus.
  • Le Merdy , with assistance from Dr. Jessica Spires and Dr. Jasmina Novakovic at Simulations Plus, will coordinate modeling and simulation activities of the contract.
  • “By combining our expertise with Simulations Plus’ cutting-edge research, we are charting a course towards more efficient drug development and safer healthcare solutions.

Ally Bridge Group Announces Key Promotions and New Appointment

Retrieved on: 
Monday, March 4, 2024

Ally Bridge Group (“ABG”), a leading global healthcare investment firm focused on high-impact life science innovation, today announced several key promotions within its investment team and a new appointment to drive the firm’s future growth and expansion as it celebrates its 10th anniversary.

Key Points: 
  • Ally Bridge Group (“ABG”), a leading global healthcare investment firm focused on high-impact life science innovation, today announced several key promotions within its investment team and a new appointment to drive the firm’s future growth and expansion as it celebrates its 10th anniversary.
  • Kevin and Andrew have demonstrated a track record of successful investments and exits for ABG’s Private Equity strategy amidst challenging market conditions.
  • Previously, he was a Managing Director at Leon Capital Group, overseeing capital formation and investor relations for private fund offerings and investments.
  • Prior to that, Zain worked with Kevin Reilly at CRG, where he led capital formation and investor relations across various funds.