Storm

New Jersey Resources Reports Fiscal 2024 First-Quarter Results; Increases Net Financial Earnings Guidance for Fiscal 2024

Retrieved on: 
Tuesday, February 6, 2024

NJNG reported first-quarter fiscal 2024 NFE of $51.4 million, compared to NFE of $54.7 million during the same period in fiscal 2023.

Key Points: 
  • NJNG reported first-quarter fiscal 2024 NFE of $51.4 million, compared to NFE of $54.7 million during the same period in fiscal 2023.
  • NJNG added 2,129 new customers during the first quarter of fiscal 2024, compared with 2,132 in the first quarter of fiscal 2023.
  • CEV reported first-quarter fiscal 2024 NFE of $10.5 million, compared with a net financial loss of $(3.6) million during the same period in fiscal 2023.
  • Home Services and Other Operations reported a first-quarter fiscal 2024 net financial loss of $(0.6) million, which was consistent with a net financial loss of $(0.03) million for the same period in fiscal 2023.

EBC's David Barrett joins Finance Magnates on Video Interview

Retrieved on: 
Tuesday, February 6, 2024

David Barrett, CEO of EBC Financial Group (UK) Ltd, was interviewed by major financial media outlet Finance Magnates, shedding light on key market trends in 2024 and the tactics EBC Financial Group adopts in a highly volatile environment.

Key Points: 
  • David Barrett, CEO of EBC Financial Group (UK) Ltd, was interviewed by major financial media outlet Finance Magnates, shedding light on key market trends in 2024 and the tactics EBC Financial Group adopts in a highly volatile environment.
  • View the full release here: https://www.businesswire.com/news/home/20240202228433/en/
    David Barrett, CEO of EBC Financial Group (UK) Ltd on Financial Magnates video podcast interview (Photo: Business Wire)
    In this exclusive interview, titled "A Storm passing or one in the making?
  • EBC Group is here to help, not here to exploit," said Mr. Barrett in the interview.
  • Currently, Mr. Barrett is acting as the Chief Executive Officer (CEO) of EBC Financial Group (UK) Ltd.

iTrip® Golden Isles Opens Short-term Rental Property Management Company

Retrieved on: 
Tuesday, February 6, 2024

NASHVILLE, Tenn., Feb. 6, 2024 /PRNewswire-PRWeb/ -- iTrip® is expanding services to short-term rental property owners and guests in the Golden Isles area of Georgia. Owned and managed by Ben and Holly Kinsey, iTrip Golden Isles has launched as the newest franchise destination.

Key Points: 
  • NASHVILLE, Tenn., Feb. 6, 2024 /PRNewswire-PRWeb/ -- iTrip® is expanding services to short-term rental property owners and guests in the Golden Isles area of Georgia.
  • The short-term rental property management company serves homeowners and guests in Saint Simons Island, Jekyll Island and other communities along Georgia's coast.
  • "We are thrilled to announce the opening of iTrip Golden Isles in coastal Georgia," said Ben Kinsey, iTrip Golden Isles owner.
  • To learn more about the short-term rental property management program, contact iTrip Golden Isles at 912-380-6045.

Newly Formed REIGN Storm Racing Announces 2024 Team, Title Sponsor REIGN Storm, Major Taylor Partnership

Retrieved on: 
Monday, February 5, 2024

The Texas Roadhouse Cycling Team and American Cycling Group today announced the formation of REIGN Storm Racing for the 2024 racing season.

Key Points: 
  • The Texas Roadhouse Cycling Team and American Cycling Group today announced the formation of REIGN Storm Racing for the 2024 racing season.
  • The 12-man team will launch into the 2024 racing season beginning with the Sunny King Criterium in Anniston, Alabama with REIGN Storm as the title sponsor.
  • As the team launches into the 2024 season, REIGN Storm Racing has also cultivated a strong partnership with Major Taylor Louisville and the Major Taylor brand with the shared vision of ensuring that cycling is accessible to all who want to participate.
  • “REIGN Storm is thrilled to ride with REIGN Storm Racing for the 2024 racing season,” said Greg Sellers, REIGN Storm Marketing Director.

Fibertek Lunar Infrastructure Optical Node (LION) selected by DARPA LunA-10 Capability Study to develop Lunar Surface Power Beaming and long-range Optical Communications

Retrieved on: 
Monday, February 5, 2024

HERNDON, Va., Feb. 5, 2024 /PRNewswire-PRWeb/ -- The Defense Advanced Research Projects Agency (DARPA) has announced the companies selected for the 10-Year Lunar Architecture Capability Study (LunA-10), with Fibertek as one of the 14 innovators chosen. Fibertek, a leader in optical technologies for space and airborne applications, will play a pivotal role in advancing the development of lunar surface optical power beaming and optical communications supporting the future commercial lunar economy.

Key Points: 
  • Fibertek, a leader in optical technologies for space and airborne applications, will play a pivotal role in advancing the development of lunar surface optical power beaming and optical communications supporting the future commercial lunar economy.
  • Fibertek, a leader in optical technologies for space and airborne applications, will play a pivotal role in advancing the development of lunar surface optical power beaming and optical communications supporting the future commercial lunar economy.
  • Fibertek will advance optical power beaming technology to efficiently transmit electricity via laser beams across the lunar surface.
  • Lunar Surface Optical Power Beaming: Fibertek will advance optical power beaming technology to efficiently transmit electricity via laser beams across the lunar surface.

Francisco Partners Completes Acquisition of The Weather Company

Retrieved on: 
Thursday, February 1, 2024

Francisco Partners , a leading global investment firm that specializes in partnering with technology businesses, today announced the completion of its acquisition of The Weather Company (the "Company"), one of the world's leading weather technology providers, from IBM, previously announced in August 2023.

Key Points: 
  • Francisco Partners , a leading global investment firm that specializes in partnering with technology businesses, today announced the completion of its acquisition of The Weather Company (the "Company"), one of the world's leading weather technology providers, from IBM, previously announced in August 2023.
  • Under the ownership of Francisco Partners, the new standalone company will continue to be led by CEO Sheri Bachstein.
  • As a standalone company, The Weather Company, recognized as the world's most accurate weather forecaster, will extend its more than 40-year legacy to deliver weather data and insights to people and businesses across the globe.
  • “Weather can be a competitive advantage, not just a fact of life, and therefore every business needs a weather strategy and weather partner they can trust.

Doomsday, a Newly Crowned Monarch, Snoop Dogg, and Barbenheimer: BrightHR Reveal the Staff Absence Trends That Took the UK by Storm in 2023

Retrieved on: 
Wednesday, January 31, 2024

They’re some of the headline events of 2023 that saw bouts of unplanned absence, lateness, and sickness sweep the nations’ workplaces.

Key Points: 
  • They’re some of the headline events of 2023 that saw bouts of unplanned absence, lateness, and sickness sweep the nations’ workplaces.
  • HR technology firm BrightHR delved into their software usage to see how the year’s events and trends impacted 100,000+ businesses and their 1.3 million employees.
  • Alan Price, CEO at BrightHR, comments on the key results:
    “ Crunching the 2023 data we have gained valuable insights into the absence and tardiness habits of the nation.
  • “In a trend lingering from 2022, train strikes continue to derail commuters’ punctuality with numerous cancellations and delays throughout the year.

Sivers Semiconductors Expands Partnership with Thorium Space S.A.

Retrieved on: 
Thursday, February 1, 2024

KISTA, Sweden, Feb. 1, 2024 /PRNewswire/ -- Sivers Semiconductors AB (STO: SIVE) today announced the expansion of its chipset agreement with Thorium Space. This USD 2.9 million (approx. 30 MSEK) second phase will focus on the advanced development and validation of the chipsets designed in the initial phase, further laying the groundwork for future large-scale manufacturing. The company anticipates recognizing revenue up to USD $2.1 million from this contract in the year 2024.

Key Points: 
  • KISTA, Sweden, Feb. 1, 2024 /PRNewswire/ -- Sivers Semiconductors AB (STO: SIVE) today announced the expansion of its chipset agreement with Thorium Space.
  • This new contract represents the continuing and deepening partnership between Sivers Wireless, a business unit of Sivers Semiconductors, and the Polish satellite communication systems pioneer.
  • This technology significantly reduces the size, weight, and space needed for satellite transceivers, which are crucial for space missions.
  • "Our continued joint development with Thorium Space marks a significant step in advancing geostationary telecommunications satellites," stated Anders Storm, Group CEO of Sivers Semiconductors.

Sivers Semiconductors granted €0.6 million grant from European Space Agency

Retrieved on: 
Tuesday, January 30, 2024

KISTA, Sweden, Jan. 30, 2024 /PRNewswire/ -- Sivers Semiconductors AB (STO:SIVE) today announced that its business unit, Sivers Wireless, has been granted €0.6 million (approx.

Key Points: 
  • KISTA, Sweden, Jan. 30, 2024 /PRNewswire/ -- Sivers Semiconductors AB (STO:SIVE) today announced that its business unit, Sivers Wireless, has been granted €0.6 million (approx.
  • 6.7 MSEK) from the European Space Agency (ESA).
  • Sivers Wireless will be responsible for the design of a Q-/V-band direct quadrature demodulator chip for space applications.
  • For more information please contact:
    Disclaimer: The view expressed herein can in no way be taken to reflect the official opinion of the European Space Agency.

NxGen Brands Inc. Ramps Up for 2024 by Finalizing Its Acquisition of Mad House Innovations, Launches Two New Innovative Products along with Bullish Q1 Sales Forecasts

Retrieved on: 
Tuesday, January 30, 2024

The acquisition of Mad House Innovations continues a period of transparent updates that NxGen Brands has made and is designed to produce immediate revenues and give it a foothold in its target market.

Key Points: 
  • The acquisition of Mad House Innovations continues a period of transparent updates that NxGen Brands has made and is designed to produce immediate revenues and give it a foothold in its target market.
  • Lawanson highlighted the following important updates for shareholders:
    NxGen Brands, Inc. successfully closes its "Mad House Innovations" acquisition.
  • Releases Bullish Q1 Sales Forecasts for Mad House Supps with Estimated 105% Growth Year on Year, Stretching for $1.6M for 2024.
  • I have been clear with the team that transparency with shareholders is a crucial part of our strategy for success."