Calibuso v. Bank of America Corp.

Money Transfer Agencies Market to grow by USD 13.89 billion from 2021 to 2026, market is fragmented due to the presence of prominent companies like Azimo BV, Bank of America Corp. and Citigroup Inc., and many more - Technavio

Retrieved on:

Monday, October 23, 2023

The money transfer agencies market is fragmented owing to the presence of many global and regional companies.

Key Points:

The money transfer agencies market is fragmented owing to the presence of many global and regional companies.
A few prominent companies that offer money transfer agencies market are Azimo BV, Bank of America Corp., Citigroup Inc., Denarii, Euronet Worldwide Inc., Finablr Ltd., HDFC Bank Ltd., JPMorgan Chase and Co., MoneyGram Payment Services Inc., NIUM Pte.
Azimo BV - The company offers money transfer solutions for sole traders, small businesses, and growing businesses.
Bank of America Corp. - The company offers a money transfer solution namely International Wire Transfer.

LZG International Inc, dba FatBrain AI ($LZGI), Announces Fiscal Full-Year 2023 Operational Highlights and Results with Record Revenues

Retrieved on:

Thursday, October 5, 2023

NEW YORK, Oct. 5, 2023 /PRNewswire/ -- FatBrain AI (LZG International, Inc., OTCQB: LZGI) (the "Company," or "we"), the leader in powerful and easy-to-use AI solutions for enterprise stars of tomorrow, today announced fiscal 2023 full-year unaudited results.

Key Points:

NEW YORK, Oct. 5, 2023 /PRNewswire/ -- FatBrain AI (LZG International, Inc., OTCQB: LZGI) (the "Company," or "we"), the leader in powerful and easy-to-use AI solutions for enterprise stars of tomorrow, today announced fiscal 2023 full-year unaudited results.
FY 2023 Operational Highlights and Recent Developments:
The company increased revenue significantly during each quarter of the year, averaging over 130% quarter over quarter growth.
"As we installed for hundreds of customers, our revenues increased dramatically, a trend we see continuing for fiscal year 2024.
Now, we are leveling the playing field by bringing AI to the driving engine of the U.S. economy, SMEs."

AirBoss Provides Corporate Update and Preview of Q2 2023 Results

Retrieved on:

Thursday, July 27, 2023

Workforce, Calibuso v. Bank of America Corp., Swings, Risk, Information, AirBoss of America, TSX, Growth, ADG, Plastech Engineered Products, News, Rare-earth element, Management

The Company has also provided a preview of its Q2 2023 financial results along with details for the upcoming Q2 2023 results conference call.

Key Points:

The Company has also provided a preview of its Q2 2023 financial results along with details for the upcoming Q2 2023 results conference call.
We expect substantial cost efficiencies going forward, while our ability to pursue and capture growth opportunities remains fully intact.”
To provide additional visibility to investors, the Company is providing anticipated results for Q2 2023.
The Company will release its third quarter results after market close on Wednesday August 9, 2023.
The release will be followed by a conference call to discuss its financial results on Thursday August 10, 2023 at 9:00 am ET.

AirBoss Awarded Two New Contracts Valued at up to $22.3 Million

Retrieved on:

Wednesday, July 5, 2023

The combined value of these contract awards is expected to be worth up to US$22.3 million.

Key Points:

The combined value of these contract awards is expected to be worth up to US$22.3 million.
The AMG was designed to provide superior protection against CBRN threats and a wide range of toxic industrial chemicals.
“With these latest two contracts, ADG continues to provide customers with unique protective and survivability solutions,” said Chris Bitsakakis, President and COO of AirBoss.
AirBoss Rubber Solutions is a top-tier North American custom rubber compounder with 500 million turn pounds of annual capacity.

Family Engagement Lab Announces Four New Powerhouse Board Members to Guide its Growth in K-12 School Districts

Retrieved on:

Tuesday, June 27, 2023

SAN FRANCISCO, June 27, 2023 /PRNewswire-PRWeb/ -- Family Engagement Lab, a national nonprofit and leader in the advancement of learning-centered family engagement in PreK-12 school systems, announced today four new Board of Director appointments to support its mission to catalyze equitable family engagement and student learning by bridging classroom curriculum and at-home learning.

Key Points:

SAN FRANCISCO, June 27, 2023 /PRNewswire-PRWeb/ -- Family Engagement Lab , a national nonprofit and leader in the advancement of learning-centered family engagement in PreK-12 school systems, announced today four new Board of Director appointments to support its mission to catalyze equitable family engagement and student learning by bridging classroom curriculum and at-home learning.
Allison brings strong operational experience in finance, talent and HR to Family Engagement Lab.
Board Member, CEO and co-founder, Vidya Sundaram added, "When we started Family Engagement Lab, I envisioned a Board that represented diverse backgrounds and experiences.
Family Engagement Lab Board of Directors also includes Kelsey Knox as Treasurer and Garima Sahai as Secretary.

Fulton Financial Corporation Names Karthik Sridharan as Chief Operations and Technology Officer

Retrieved on:

Monday, June 12, 2023

Fulton Financial Corporation (NASDAQ: FULT) today announced that Karthik Sridharan has joined as Senior Executive Vice President, Chief Operations and Technology Officer.

Key Points:

Fulton Financial Corporation (NASDAQ: FULT) today announced that Karthik Sridharan has joined as Senior Executive Vice President, Chief Operations and Technology Officer.
Sridharan will be responsible for leading a team of information technology and operations professionals focused on leveraging leading technology to provide the best digital customer experience at Fulton Bank.
Since 2019, he has served as Chief Information Officer, Executive Vice President, at OceanFirst Bank in Red Bank, NJ.
Prior to that, from 2011-2019, he worked as Chief Technology Officer, Enterprise Operations and Technology, for Citigroup in New York, NY.

Nearly 40% of U.S. Banks Have Experienced Volatility in their Performance Over the Past Year

Retrieved on:

Tuesday, May 23, 2023

Consulting, Banking, Professional Services, Finance, Calibuso v. Bank of America Corp., JPMorgan Chase, Financial services, Wells Fargo, Incubation, Research, Bank of America, Citigroup, Growth, Bank, News, Cryptocurrency, Retail, Optimization

This news comes from a new comprehensive business designation study from The ROIG Group, a specialized consultancy firm. The ROIG Group examined 384 U.S.-based publicly traded banks using 2021 and 2022 year-over-year data, including net interest income and non-interest income, efficiency ratio, equity capital, the cost of equity capital, and market value amongst others. ROIG assessed both the historical and future implied performance of each bank in order to classify each bank into one of four designations/states based on the results-- Revive, Optimize, Incubate or Grow.

Key Points:

However, the market believes profits across the all benchmark banks will decline (67%) from current levels.
This news comes from a new comprehensive business designation study from The ROIG Group , a specialized consultancy firm.
These banks are in the best position to evaluate acquisitions, explore product or service diversification, or pursue customer, channel, or market innovation choices.
Revive banks need to focus on fixing what is broken - perhaps even focus on business model reinvention.

Climb Hire Appoints Sorbriqué "Sorby" Grant as First President

Retrieved on:

Monday, May 15, 2023

Partnership, Social capital, The central science, Education, Marketing, Calibuso v. Bank of America Corp., Center for Resilient Networks and Applications, School, SAN, Spectrum, HR, Growth, Family, Management

SAN FRANCISCO, May 15, 2023 /PRNewswire/ -- Climb Hire, the upskilling nonprofit focused on helping low-income working adults develop the in-demand skills and professional network needed to break into new careers, has announced the appointment of Sorbriqué "Sorby" Grant as the organization's first President. Grant takes on the position following a year serving as Climb Hire's inaugural Chief Program and People Officer.

Key Points:

Grant takes on the position following a year serving as Climb Hire's inaugural Chief Program and People Officer.
In her role as President, Grant will lead the organization's core functions including growth and marketing, program development, finance and HR, and employer partnerships.
"Sorby has been an integral part of scaling and evolving Climb Hire over the past year," said Nitzan Pelman, CEO and Founder of Climb Hire.
"Social capital has played an important role in my trajectory, even landing me my job here at Climb Hire.

AirBoss Announces Details for AGM and Q1 2023 Results Timing

Retrieved on:

Monday, April 24, 2023

Calibuso v. Bank of America Corp., Internet, BOS, Meeting, AirBoss of America, The Meeting, EDT, SEDAR, TSX, Proxy, Safety, Management

NEWMARKET, Ontario, April 24, 2023 (GLOBE NEWSWIRE) -- AirBoss of America Corp. (TSX: BOS) (OTCQX:ABSSF) (the “Company” or “AirBoss”) today announced details regarding its upcoming Annual General Meeting of Shareholders (the “Meeting”), to be held on Wednesday, May 10th, 2023, at 9:00 a.m. (EDT).

Key Points:

NEWMARKET, Ontario, April 24, 2023 (GLOBE NEWSWIRE) -- AirBoss of America Corp. (TSX: BOS) (OTCQX:ABSSF) (the “Company” or “AirBoss”) today announced details regarding its upcoming Annual General Meeting of Shareholders (the “Meeting”), to be held on Wednesday, May 10th, 2023, at 9:00 a.m. (EDT).
The Company intends to issue its first quarter 2023 earnings results prior to the Meeting on May 9th, 2023.
This approach will ensure the safety of the Company’s shareholders, directors, management and service partners, while supporting shareholder participation in the meeting.
These details are further to the information contained in the management information circular and notice of meeting dated April 6, 2023, sent to shareholders and filed on SEDAR at www.sedar.com .

International Race for Lithium Heats Up as Auto Giants Invest in Mining Space

Retrieved on:

Thursday, March 23, 2023

VANCOUVER, BC, March 23, 2023 /PRNewswire/ -- USA News Group - An international scramble for lithium is fully underway, with some of the world's largest automakers now jockeying for position in the mining space to secure supplies for the battery metal moving forward. The latest to throw its hat in the lithium ring is General Motors Company (NYSE:GM), which announced a $650 million equity investment in Lithium Americas Corp. (NYSE:LAC) (TSX:LAC) in connection with construction on the upcoming Thacker Pass lithium project in Nevada. GM's investment is another symptom of the race that's heating up on the international scene, with perhaps even more attention being placed on South America's prolific 'Lithium Triangle' where the West is competing with Chinese interests to secure whatever they can ahead of an EV market that will likely require as much as 3x as much lithium that's currently being produced for the entire global market. Among the Lithium Triangle projects underway, some of the most active developers currently working today are Lithium South Development Corporation (TSXV:LIS) (OTCQB:LISMF), Allkem Limited (TSX:AKE) (OTCPK:OROCF), and Livent Corporation (NYSE:LTHM).

Key Points:

Among the Lithium Triangle projects underway, some of the most active developers currently working today are Lithium South Development Corporation (TSXV:LIS) (OTCQB:LISMF), Allkem Limited (TSX:AKE) (OTCPK:OROCF), and Livent Corporation (NYSE:LTHM).
"We are very excited to complete a hole to such significant depth at the Alba Sabrina claim block," said Lithium South President and CEO Adrian F.C.
But now almost 4 years later, lithium was selling at 5.5x that as recently as December 2022.
But another potential North American lithium producer on the horizon is Allkem Limited (TSX:AKE) (OTC:OROCF), which is the resulting entity of a major lithium merger between Galaxy Resources and Orocobre Mining.