Titan Medical Reports Operating and Financial Results for the Fourth Quarter and… – Press Release

TORONTO, Ontario, May 31, 2023 (GLOBE NEWSWIRE) — Titan Medical Inc. (“Titan” or the “Company“) TMDTMDIF, announced today the financial results for the three and twelve months ended December 31, 2022. The Company also announced that its 2023 annual meeting (the “Meeting“) is scheduled for Friday, June 30, 2023 at 4:00 pm E.T. to be held virtually at https://ift.tt/48e1hwu.

Recent Activities:

• On May 26^th, the Company announced a non-exclusive license agreement with a global technology leader in minimally invasive care and the pioneer of robotic-assisted surgery for an upfront payment of US$7.5 million.
• On May 29^th, as a result of the strategic review process (“Strategic Review“) announced on November 30, 2022, the Board of Directors of Titan (the “Board“) approved a strategic transition in the Company’s business from the development and commercialization of robotic-assisted surgeries (“RAS”) technologies to evaluating new opportunities to further develop and license its intellectual property (“Strategic Transition“). Titan continues to retain the rights necessary to develop and commercialize RAS technologies, should it choose to do so, including the two-instrument Enos single-access RAS system (the “Enos System“) and, as announced on January 9, 2023, a three-instrument single-access RAS system that builds on the Enos System technologies.
• On May 29^th, the Company announced executive leadership team changes effective June 1, 2023, reflecting the Company’s Strategic Transition and to reduce operating expenses in the business, including the appointment of Paul Cataford as interim President and CEO, and Chien Huang as CFO.

Financial Highlights:

Note that the financial review below discusses the business as of December 31^st, 2022. As part of the Strategic Review and as previously disclosed, the Company significantly reduced all operating expenses commencing in late 2022 and through-out 2023 to date.

As of December 31, 2022, Titan had cash of $3.3 million,…

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One-in-Six Asian American Voters in 2022 Reported Feeling Threatened When Voting… – Press Release

Advancing Justice – AAJC Commissions First of Its Kind Survey To Include Voter and Non-Voter Asian American Respondents

WASHINGTON, May 31, 2023 /PRNewswire/ — Asian Americans Advancing Justice – AAJC’s (Advancing Justice – AAJC) latest poll breaks new ground and builds on previous polls of Asian American voters by getting at the heart of what motivates Asian Americans to vote—and what prevents some Asian Americans from voting.

Experience the full interactive Multichannel News Release here: https://ift.tt/LzPGZdQ

The 2022 National Poll of Asian American Non-Voters and Voters released today finds that one-in-six Asian American voters described feeling threatened when they went to the polls in 2022, though most Asian American voters generally found the voting process easy. When asked, non-voters reported that better candidates and more information on candidates might entice them to vote in future elections.

“Asian Americans are the fastest growing electorate in the United States with more than 8.4 million who are registered to vote,” said Terry Ao Minnis, Senior Director of Census and Voting Programs at Advancing Justice – AAJC. “This survey represents a unique study of Asian Americans’ experiences with voting and insight into why approximately 5.2 million Asian Americans have yet to register to vote.”

The 2022 National Poll of Asian American Non-Voters and Voters was conducted by BSP Research in the weeks following the 2022 midterm elections. The survey interviewed 2,100 Asian American voters and 700 non-voters about their views and experiences during the election. 

“More than one-in-two voters reported encountering what they thought to be election-related misinformation at least ‘somewhat often’,” said Taeku Lee, lead researcher. “This suggests that more research is needed to understand the relationship between misinformation and voters’ experiences. Moreover, additional…

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Camping World Named to the Fortune 500 List – Camping World Holdings (NYSE:CWH) – Press Release

Camping World Holdings, Inc. CWH (“Camping World”), America’s Recreation Dealer announced that it has been named to the Fortune 500 list. The Company ranked 475, moving up from its position last year.

Marcus Lemonis, Chairman and Chief Executive Officer stated, “This is a recognition of nearly 13,000 team members who generated $7 billion in revenue in 2022. Our strategic focus on used vehicles, parts and service, and Good Sam is bolstered by the current dealership acquisition landscape. We believe we can materially grow our business over the next five years, targeting a 50% increase in our store count.”

According to Fortune, together the 500 corporations on this year’s list generated a record $16.1 trillion in revenue and $1.8 trillion in profits. To view Camping World’s company profile on Fortune 500, please visit https://ift.tt/zwsR3Jb.

About Camping World Holdings, Inc.

Camping World Holdings, Inc., headquartered in Lincolnshire, IL, (together with its subsidiaries) is America’s largest retailer of RVs and related products and services. Our vision is to build a long-term legacy business that makes RVing fun and easy. Our Camping World and Good Sam brands have been serving RV consumers since 1966. We strive to build long-term value for our customers, employees, and shareholders by combining a unique and comprehensive assortment of RV products and services with a national network of RV dealerships, service centers and customer support centers along with the industry’s most extensive online presence and a highly trained and knowledgeable team of employees serving our customers, the RV lifestyle, and the communities in which we operate. We also believe that our Good Sam organization and family of programs and services uniquely enable us to connect with our customers as stewards of the RV enthusiast community and the RV lifestyle. With RV sales and service locations in 42 states, Camping World has grown to become…

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HOOKIPA Pharma Announces Positive Preliminary Phase 2 Data on HB-200 in Combinat… – Press Release

• HB-200 in combination with pembrolizumab doubled the objective response rate of 1^st-line pembrolizumab for patients with recurrent/metastatic head and neck cancer

• HOOKIPA is preparing to start a pivotal trial of HB-200 in combination with pembrolizumab as 1^st-line treatment of recurrent/metastatic HPV16+ head and neck cancer in 2024
• Initial cohort of heavily pre-treated patients who received HB-200 monotherapy showed preliminary median overall survival of 14.2 months in the intent-to-treat population
  

NEW YORK and VIENNA, Austria, May 31, 2023 (GLOBE NEWSWIRE) —  HOOKIPA Pharma Inc. HOOK ‘HOOKIPA’))), a company developing a new class of immunotherapeutics based on its proprietary arenavirus platform, today announced positive preliminary data from its ongoing Phase 2 study of HB-200 in combination with pembrolizumab in patients with recurrent/metastatic Human Papillomavirus 16-positive (HPV16+) head and neck cancer. New data show a 43 percent objective response rate (ORR) with HB-200 in combination with pembrolizumab in checkpoint inhibitor (CPI)-naïve patients, doubling the 19 percent response rate for pembrolizumab alone. HOOKIPA plans to share the full data at a medical conference later this year and is preparing to start a pivotal trial of HB-200 in combination with pembrolizumab in the 1^st-line setting in 2024. The company will host a webcast call June 1^st at 8:00 a.m. EDT.

“Given the unmet medical need for patients with recurrent/metastatic HPV16+ head and neck cancers, we are thrilled to share the preliminary data on HB-200 in combination with pembrolizumab as they show a robust improvement in objective response rate and prolonged tumor control compared to pembrolizumab alone,” said Joern Aldag, Chief Executive Officer at HOOKIPA. “Efficacy, immunogenicity and safety data observed in our HB-200 program to-date support our decision to progress to a pivotal trial of HB-200 in combination with pembrolizumab as 1^st-line treatment for these patients. The data…

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England v Eire: Ben Stokes says he’ll play full half in Ashes except he ‘cannot stroll’

England have won 10 of their 12 Tests since Brendon McCullum (left) became head coach with Ben Stokes (right) as captain

Venue: Lord’s Dates: 1-4 June

Coverage: Live text commentary and in-play video clips on the BBC Sport website & app, plus BBC Test Match Special on BBC Sounds and BBC Radio 5 Sports Extra. Daily Today at the Test highlights on BBC Two and BBC iPlayer from 19:00 BST.

Captain Ben Stokes says the only way he will not take a full part in England’s Ashes summer is if he “can’t walk”.

The 31-year-old had a cortisone injection in a persistent knee injury in March, before playing only two games for Chennai Super Kings in the Indian Premier League.

Stokes will lead England in the one-off Test against Ireland on Thursday.

“I’ve given myself the best possible chance to play a big role, especially with the ball,” he told BBC Sport.

Stokes did not bowl in England’s last Test, a defeat by New Zealand in Wellington in February.

His time with Chennai was disrupted by a foot injury,…

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Bonterra Accelerates Expansion of Employee Engagement Solutions Through Acquisit… – Press Release

Bonterra adds leading employee impact technology company to portfolio of landscape defining social good solutions

AUSTIN, Texas, May 31, 2023 /PRNewswire/ — Bonterra, a social good software company focused on powering those who power social impact, earlier today announced that it has reached an agreement to acquire WeSpire, a leading provider of purpose-driven employee engagement software empowering CSR & ESG teams. The terms of the transaction have not been disclosed.

Bonterra adds leading employee impact technology company to portfolio of landscape defining social good solutions

WeSpire brings capabilities, programs, and people to expand our engagement offering through a suite of integrated solutions, including giving and volunteering, wellbeing, sustainability, and diversity, equity, and inclusion – each with the capability to automate, track, and measure programs that have typically been managed in a siloed and manual manner. The WeSpire platform leverages behavioral science content and techniques that increase employee capacity, drive up motivation, and nudge participants to act.

In welcoming WeSpire, Bonterra immediately expands and accelerates its offering and presence in the large and mid-sized corporate social responsibility market for current and future enterprise customers. Looking forward, integrating Bonterra’s current best-in-class grants management and employee giving tools with WeSpire will also allow for companies and nonprofit organizations of all sizes to transform their approach to employee engagement, allowing them to efficiently deliver programs that power lasting change.

“We are excited to welcome the WeSpire team and their customers into the Bonterra family. As a company dedicated to powering social impact, we recognize the critical role of employee engagement in driving positive change. With WeSpire’s expertise in this area, guided by Susan’s leadership, we’re excited to continue investing in solutions that empower employees and…

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Belite Bio Announces Pricing of $30 Million Underwritten Public Offering of Amer… – Press Release

SAN DIEGO, May 30, 2023 (GLOBE NEWSWIRE) — Belite Bio, Inc BLTE (“Belite Bio” or the “Company”), a clinical stage biopharmaceutical drug development company focused on advancing novel therapeutics targeting retinal degenerative eye diseases which have significant unmet medical needs, today announced that it has priced an underwritten public offering of 2,000,000 American Depositary Shares (“ADSs”), each representing one of its ordinary shares, and warrants to purchase 2,000,000 ordinary shares represented by ADSs, at a public offering price of $15.00 per ADS and accompanying warrant. The warrants will be exercisable immediately, will expire five years from the date of issuance and will have an exercise price of $18.00 per ADS. The gross proceeds of the offering to the Company are expected to be $30 million, before deducting underwriting discounts and commissions and estimated offering expenses payable by Belite Bio, and excluding the exercise of any warrants. All of the securities in the offering are to be sold by Belite Bio. The closing of the offering is expected to occur on or about June 2, 2023, subject to the satisfaction of customary closing conditions. 

Belite Bio intends to use the net proceeds of the offering for clinical trials and further clinical development of Tinlarebant, funding its research and development of other pipeline products and for working capital and other general corporate purposes.

SVB Securities LLC, Cantor Fitzgerald & Co. and H.C. Wainwright & Co., LLC are acting as joint book-running managers for the offering.

The offering is being made pursuant to a prospectus supplement and accompanying prospectus included in Belite’s registration statement on Form F-3 (File No. 333-272125), which was declared effective on May 30, 2023. Copies of the preliminary prospectus supplement and the accompanying prospectus may be obtained by visiting EDGAR on the U.S. Securities and Exchange Commission (“SEC”) website at www.sec.gov. A final…

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MEI Pharma Confirms Receipt of Unsolicited Acquisition Proposal – MEI Pharma (NA… – Press Release

MEI Pharma, Inc. MEIP (the “Company”) today confirmed receipt of an unsolicited and non-binding proposal on May 23, 2023 from a group represented by Anson Advisors Inc. and Cable Car Capital LLC, as referenced in their 13-D filing of earlier today, to acquire all outstanding shares of MEI for not less than $8.00 in cash per share, plus a contingent value right representing the right to receive 80% of the net proceeds payable from any license or disposition of the Company’s clinical assets.

Consistent with its fiduciary duties, MEI’s Board, in consultation with its independent financial and legal advisors, is reviewing the proposal from Anson Advisors and Cable Car Capital and will respond in due course. The board will pursue the course of action it believes is in the best interest of all MEI shareholders. MEI’s shareholders are advised that no action is necessary at this time.

The recommendation by the MEI Board to proceed with the pending Infinity Pharmaceuticals, Inc. transaction remains unchanged.

About MEI Pharma

MEI Pharma, Inc. MEIP is a pharmaceutical company focused on developing potential new therapies for cancer. MEI Pharma’s portfolio of drug candidates includes clinical stage candidates with differentiated mechanisms of action intended to address unmet medical needs and deliver improved benefit to patients, either as standalone treatments or in combination with other therapeutic options. For more information, please visit www.meipharma.com. Follow us on Twitter @MEI_Pharma and on LinkedIn.

Important Information about the Merger and Where to Find It

This communication relates to a proposed transaction between Infinity Pharmaceuticals, Inc. (“Infinity”) and MEI Pharma, Inc. (the “Company”). In connection with the proposed merger, the Company and Infinity plan to file with the SEC and mail or otherwise provide to their respective stockholders a joint proxy statement/prospectus regarding the proposed merger (as amended or supplemented from…

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Carebook Reports Strong Revenue Results for Q1 With Q1 EBITDA(1) approaching bre… – Press Release

Solid start of the year driven by organic growth and disciplined cost management

• Strong revenue for the quarter up 5% to $2.5M for Q1 2023 compared to $2.4M for Q1 2022.
• Several large client implementations completed in the quarter.
• As a result of significant revenue growth and cost optimization initiatives, loss from operations was $(0.4)M, a reduction of $1.2M or 75%, when compared to Q1 2022.
• Adjusted EBITDA⁽¹⁾ for Q1 at $(0.5)M positioning Carebook to achieve its goal of generating positive Adjusted EBITDA⁽¹⁾ in the near future. Relative to Q1 2022, Adjusted EBITDA⁽¹⁾ increased by $0.6M, or 55%, reflecting stronger revenues, synergies and disciplined cost management, which drove an Adjusted EBITDA Margin⁽¹⁾ of (19)% compared to (43)% in Q1 2022.
• Net loss for Q1 2023 was $(0.5)M and also decreased by 75% year-over-year.
• Raised $2.5M in additional equity during and subsequent to the quarter.
• $4.4M in additional contract value signed during 2023.
• ARR⁽²⁾ of $10.7M as of March 31, 2023, an increase of 37% over the same date in 2022.

MONTREAL, May 30, 2023 /CNW/ – Carebook Technologies Inc. (“Carebook” or the “Company“) CRBK CRBKF PMM, a leading Canadian provider of innovative digital health solutions today announced its results for the quarter ended March 31, 2023.

“We continue to execute on our business plan, completed several large implementations during the quarter and signed over $4M in additional contract value since the beginning of the year” commented Michael Peters, Carebook CEO. “We reached a new high this quarter in terms of our revenue and continued our drive towards profitability. Our focus on cost management coupled with significant contract expansions confirms Carebook’s positive trajectory and reinforces our belief in our ability to achieve profitable growth in the near future.”

_____________________________

1 EBITDA and Adjusted EBITDA are non-IFRS financial measures, and Adjusted EBITDA Margin is a non-IFRS financial ratio, in each case without a…

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California Residents Are at Risk of Losing Their Home Insurance – Press Release

TAMPA, Fla., May 30, 2023 /PRNewswire/ — Wildfires have always been a risk in California. But the past decade of extremely devastating and widespread fires has led to California insurers canceling homeowner policies by the hundreds of thousands. By 2019, over 348,000 home insurance policies had been dropped, and the state stepped in to help protect homeowners.

Even with new laws written to protect homeowners from losing insurance, California residents in high-risk areas need to know the steps to avoid being without insurance coverage.

Clearsurance.com lists four steps California residents can take to ensure they remain insured.

Step #1 – Get Quotes from California Home Insurance Companies

The most competitive rates can be found by completing a quote search. Even a homeowner who finds out their insurer will drop coverage soon may be able to find a policy from another company.

Insurance providers calculate risk using different formulas, so the first step for homeowners at risk of being dropped by their insurers is to compare quotes from other companies.

Step #2 – Talk to Neighbors to Find Out Who They Use

Neighbors typically have similarities in their risk profiles. So homeowners may be able to find an insurance company that will insure their higher risk by purchasing a policy from the company that insures their neighbor.

An added benefit to talking to neighbors is learning first-hand information about customer service and claims handling.

Step #3 – Call the California Department of Insurance

In response to the devastating fires of the past few years, California’s Insurance Commissioner banned insurance providers from dropping policies for residents in regions around the most widespread fires of 2022.

This law temporarily ensures homeowners most at risk have coverage for a year. Melanie Musson, a nationally recognized home insurance expert with Clearsurance.com, urges homeowners to learn their rights. “Homeowners who believe their insurer is dropping them unlawfully…

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Pastor Rick Warren Challenges that The Southern Baptist Convention is at a Cross… – Press Release

Fourth-Generation SBC Leader Addresses Causes for Decline in New Video Series Urging Denomination to Pursue Renewal, Revitalization and Revival  

LAKE FOREST, Calif., May 30, 2023 /PRNewswire/ — Pastor Rick Warren, founder of Saddleback Church, best-selling author of The Purpose Driven Life and Coordinator of the global Finishing the Task coalition, today announced the launch of a four-part video series addressing the unprecedented decline of the Southern Baptist Convention (SBC). “SBC at the Crossroads” begins its staggered release today with, Part 1: “Denial or Revival?”

Grieved by the largest decline of the SBC in more than a century, Warren believes the loss of nearly a half million members over the past year shouldn’t be ignored. In the short video series, he suggests some of the contributing factors which have led to the SBC’s decline, and offers a biblical pathway for revitalizing individual hearts and churches, resulting in denominational renewal and revival.

“The SBC is in crisis,” said Warren. “Over the course of 17 years, the denomination has lost 3 million members. This isn’t a glitch or the result of a pandemic; it’s a trajectory we’ve been on for a while. Some SBC leaders seem unable to admit it or talk about it, but denial is dishonesty. We should be worrying about it.”

Acknowledging that the causes of decline in the SBC are many and complex, Warren firmly believes that the principles the Holy Spirit laid out in starting the early Church are the pathway to revitalization. Drawing on his experience working with thousands of churches over the past 43 years, he asserts the Convention must remember its foundation, repent and return to the things that once made it strong and healthy.

Warren’s new video series will focus on the biblical pathway for revitalizing hearts, churches and the denomination. Titles include:

Part 1: “Denial or Revival?” (available now)

• Contributing factors to the 17-year decline of the denomination and  biblical steps to recovery…

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T20 World Cup qualifier: Jersey undergo first lack of occasion to Germany

Jersey are playing in their first ICC World Cup pathway tournament

Jersey suffered their first defeat in the European Division Two qualifier for the ICC Women’s T20 World Cup with a nine-wicket loss to Germany.

Annalise Merritt and Grace Wetherall’s seventh-wicket stand of 101 helped the islanders recover from a dreadful start as they progressed from 20-6 to 121-6.

In reply, Germany’s Warwickshire batter Christina Gough hit 70 not out as Germany reached 122-1 in 18.4 overs.

Jersey face Turkey later on Tuesday in their third game in the event.

The top two sides in the six-team tournament will win promotion to Europe Division One later this year.

The Germans raced through Jersey’s top order as their captain Anuradha Doddaballapur took 3-12 while Emma Bargna claimed 2-9 as none of the islanders’ first five batters scored more than five runs.

But with Jersey staring at a heavy defeat, Merritt and Wetherall steadied the innings with a superb 67-ball partnership of 101 to guide Jersey to a…

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BIGG Digital Assets Inc. Reports Financial Results For Q1 2023 – BIGG Digital As… – Press Release

VANCOUVER, British Columbia, May 29, 2023 (GLOBE NEWSWIRE) — BIGG Digital Assets Inc. (“BIGG” or the “Company”)BIGGBBKCF WKN: A2PS9W))), owner of Netcoins (https://ift.tt/i0dQL1k and https://ift.tt/Gw5Rj1U) (“Netcoins”), the online cryptocurrency brokerage that makes it easy for North Americans to buy, sell, and understand cryptocurrency, and Blockchain Intelligence Group (blockchaingroup.io) (“BIG”), a leading developer of blockchain technology search, risk-scoring and data analytics solutions, is pleased to report Q1 2023 financial results. All figures are in Canadian Dollars (CAD) unless otherwise stated.

Q1 2023 Highlights:

• Gross operating revenue of $1.5M (up 28% QoQ), with $1.1M for Netcoins (up 55% QoQ) and $0.4M for Blockchain Intelligence Group (down 14% QoQ)
• Net loss of $750,925, as compared to a net loss of $5,534,090 for same period of the prior fiscal year (YoY)
• TerraZero generated $612k in revenue in Q1 2023, representing 130% growth YoY and 628% growth QoQ
  

Further Highlights:

• BIGG currently owns 150 Bitcoin, valued at approximately $5.6M
• Netcoins currently has customer Assets Under Custody of ~$61M
• Netcoins registered users now exceeds 203,000
• Blockchain Intelligence Group’s compliance suite (QLUE and BitRank) now supports 16 blockchains, including Bitcoin, Dash, Zcash and TRON, and over 700,000 tokens and NFTs on the Ethereum blockchain.

Selected financial and operating information should be read in conjunction with BIGG’s unaudited condensed consolidated interim financial statements and related Management’s Discussion and Analysis for the three months ended March 31, 2023, available at www.sedar.com.

All financial information in this press release is prepared in accordance with International Financial Reporting Standards as issued by the International Accounting Standards Board.

BIGG CEO, Mark Binns, commented:

“Q1 2023 showed a nice rebound in the broad crypto market and crypto trading as well. Netcoins trading volumes and revenue rose nicely…

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Automotive Parts Remanufacturing Global Market Report 2023: Sector to Reach $85…. – Press Release

DUBLIN, May 29, 2023 /PRNewswire/ — The “Automotive Parts Remanufacturing: Global Strategic Business Report” report has been added to  ResearchAndMarkets.com’s offering.

Global Automotive Parts Remanufacturing Market to Reach $85.5 Billion by 2030

In the changed post COVID-19 business landscape, the global market for Automotive Parts Remanufacturing estimated at US$60.2 Billion in the year 2022, is projected to reach a revised size of US$85.5 Billion by 2030, growing at a CAGR of 4.5% over the analysis period 2022-2030. Engine & Related Parts, one of the segments analyzed in the report, is projected to record a 5.1% CAGR and reach US$25.4 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Transmission segment is readjusted to a revised 4.1% CAGR for the next 8-year period.

The U.S. Market is Estimated at $16.4 Billion, While China is Forecast to Grow at 7.6% CAGR

The Automotive Parts Remanufacturing market in the U.S. is estimated at US$16.4 Billion in the year 2022. China, the world’s second largest economy, is forecast to reach a projected market size of US$18.2 Billion by the year 2030 trailing a CAGR of 7.6% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.4% and 5% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 2.3% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$11.5 Billion by the year 2030.

Select Competitors (Total 23 Featured) –

• Andre Niermann
• ATC Drivetrain Inc.
• BORG Automotive A/S
• Cardone Industries, Inc.
• Caterpillar, Inc.
• Detroit Diesel Remanufacturing LLC
• Genuine Parts Company
• Jasper Engines and Transmissions
• Motorcar Parts of America, Inc.
• Robert Bosch GmbH
• Standard Motor Products Inc.
• Teamec BVBA
• ZF Friedrichshafen AG

What`s New for 2023?

• Special coverage on Russia–Ukraine war; global inflation;…

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Arc Welding Equipment Global Market Report 2023: Sector to Reach $7.2 Billion by… – Press Release

DUBLIN, May 29, 2023 /PRNewswire/ — The “Arc Welding Equipment: Global Strategic Business Report” report has been added to  ResearchAndMarkets.com’s offering.

Global Arc Welding Equipment Market to Reach $7.2 Billion by 2030

In the changed post COVID-19 business landscape, the global market for Arc Welding Equipment estimated at US$4.9 Billion in the year 2022, is projected to reach a revised size of US$7.2 Billion by 2030, growing at a CAGR of 4.9% over the analysis period 2022-2030.

Energy & Utilities, one of the segments analyzed in the report, is projected to record 6% CAGR and reach US$2.2 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Automotive segment is readjusted to a revised 5% CAGR for the next 8-year period.

The U.S. Market is Estimated at $1.3 Billion, While China is Forecast to Grow at 7.6% CAGR

The Arc Welding Equipment market in the U.S. is estimated at US$1.3 Billion in the year 2022. China, the world’s second largest economy, is forecast to reach a projected market size of US$1.6 Billion by the year 2030 trailing a CAGR of 7.6% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.5% and 4.6% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 2.9% CAGR.

Select Competitors (Total 38 Featured) –

• Amada Miyachi Co., Ltd.
• American Torch Tip
• Arc Machines, Inc.
• Automation International, Inc.
• Beijing Time Technologies Co., Ltd.
• Colfax Corporation
• Costruzioni Elettromeccaniche Annettoni S.p.A. (CEA)
• Daihen Corporation
• Doncasters Group Ltd.
• Fronius International GmbH
• ITW Welding
• Kobe Steel Ltd.
• NIMAK GmbH
• Panasonic Welding Systems Co., Ltd.
• Shandong AoTai Electric Co., Ltd.
• Shanghai Hugong Electric (Group) Co. Ltd.
• Shenzhen Riland Industry Co., Ltd.
• Telwin SpA
• The Lincoln Electric Company

What’s New for 2023?

• Special coverage on Russia–Ukraine war; global inflation; easing of…

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5G Roaming Market Strategies 2023-2027: Investments in Next Generation Cores Cru… – Press Release

DUBLIN, May 29, 2023 /PRNewswire/ — The “5G Roaming Strategies: Value-Added Services, Regional Analysis & Market Forecasts 2023-2027” report has been added to  ResearchAndMarkets.com’s offering.

The latest 5G Roaming Strategies research offers an in-depth market segment analysis into the key market drivers, technologies and regions being innovated through the use of 5G networks for roaming services.

The publisher has found that the total number of 5G roaming connections will increase from 53 million in 2023 to 526 million by 2027. This substantial growth will require the development of new roaming tools that are able to autonomously identify roaming connections as 5G connectivity proliferates. The publisher identified AI-based real-time analytics and roaming fraud mitigation services as two critical solutions that will enable operators to protect their networks against an influx of data traffic from roaming subscribers.

The publisher predicted that amidst the growth of 5G roamers, emerging traffic analytics and anti-fraud solutions must enable the enhanced identification and authentication of roaming connections over 5G networks. However, given the increased complexity of 5G networks, the publisher anticipated current roaming analytics services will be insufficient in monitoring 5G roaming connections, and the subsequent increase in mobile roaming data.

To maximise the benefits from these new 5G roaming services, operators must invest in 5G NGCs (Next-generation Cores), which are highly virtualised and can more efficiently assess traffic and connectivity. By deploying NGCs, roaming vendors can better protect networks’ processing power and signalling capabilities amidst rising levels of roaming data consumption. This will ensure a continuous level of service essential to attracting high-spending enterprise customers.

Additionally, the publisher predicted that 5G NGCs will be imperative to enabling operators to handle the growth of data from roaming subscribers,…

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Five rising communicators win 10th edition of SSHRC Storytellers Challenge – Press Release

Postsecondary students share stories about why research matters

TORONTO, May 29, 2023 /CNW/ – Today, Ted Hewitt, president of the Social Sciences and Humanities Research Council of Canada (SSHRC), has announced the winners of the 10th edition of the 2023 Storytellers Challenge. SSHRC’s annual Storytellers Challenge calls on postsecondary students to demonstrate—in up to three minutes or 300 words—how SSHRC-funded research is making a difference in the lives of Canadians. Students entering submit stories about Canadian social sciences and humanities research and how it helps improve our society and the world. Hewitt made the announcement as part of this year’s Congress of the Humanities and Social Sciences (Congress), at York University.

This year’s five winners are:

• Zyrene Estallo, from University of New Brunswick, who shared a story about helping classrooms support equity, diversity and inclusion in math learning, particularly for students of migrant and Indigenous backgrounds;
• Hannah Hunter, from Queen’s University, who told us about what historical bird sound recordings tell us about human-nature relationships of the past, present and future;
• Madison Robertson, from Queen’s University, who explained the impacts of involuntary separation of spouses in long-term care homes;
• Richy Srirachanikorn, from Concordia University, who described the relationships between play and learning in games like Minecraft; and
• Jennifer Williamson, from University of Calgary, who shared a story about how to understand the mental health experiences of autistic students in university, to develop better mental health supports for them.

The five winners were selected from the Top 25 SSHRC Storytellers finalists, who were chosen from a highly competitive field of approximately 200 submissions from students across the country. Each finalist received $3,000 and the opportunity to present their story at the SSHRC Storytellers Showcase at Congress, in front of an audience and a panel of five…

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Charles Schwab Congratulates Emiliano Grillo as Champion of the 2023 Charles Sch… – Press Release

Charles Schwab is honored to congratulate Emiliano Grillo on his victory at the 2023 Charles Schwab Challenge. With his playoff win, Grillo captured the iconic Leonard Trophy and will have his name etched in granite on the Wall of Champions at Colonial Country Club. He was also presented with a one-of-a-kind, Champion’s Prize ― a custom 1973 Schwab Bronco.

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Emiliano Grillo was awarded the 1973 Schwab Bronco after winning the 2023 Charles Schwab Challenge (Photo courtesy of Schwab)

During Sunday’s champion’s ceremony on the 18th hole, Grillo was officially awarded the fully restored and modernized 1973 Schwab Bronco featuring one-off Schwab badging and touches of Colonial’s trademark Scottish royal tartan interior accents to match the Champion’s tartan jacket that is synonymous with this historic tournament.

The unique utility vehicle recognizes a significant year in the firm’s history and is designed to pay homage to Schwab’s founding 50 years ago when it started challenging the status quo for its investors; it continues the tradition that first began in 2019 with the fully renovated and customized 1973 Schwab Challenger, then the 1946 Schwab Power Wagon in 2021, and most recently the 1979 Schwab Firebird in 2022.

“We are honored, once again, to play a role in the tradition of this celebrated tournament in Fort Worth and be part of its long-standing support from the Metroplex community,” said Rick Wurster, President of the Charles Schwab Corporation. “The Champion’s prize has now become a tradition in its own right. As we wrap up our fifth year as title sponsor, we wanted to recognize Schwab’s 50-year legacy of helping our clients get where they want to go, no matter what comes their way. And there’s no better vehicle to embody that than a 1973 Schwab Bronco.”

“We congratulate Emiliano on his impressive performance here at the…

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ROSEN, A LEADING LAW FIRM, Encourages BurgerFi International, Inc. f/k/a Opes Ac… – Press Release

NEW YORK, May 28, 2023 /PRNewswire/ —

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of BurgerFi International, Inc. f/k/a Opes Acquisition Corp. BFI OPES))) between December 17, 2020 and November 15, 2022, both dates inclusive (the “Class Period”), of the important June 5, 2023 lead plaintiff deadline.

SO WHAT: If you purchased BurgerFi securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the BurgerFi class action, go to https://ift.tt/RzqMvEb or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than June 5, 2023. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In…

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China Augmented Reality and Virtual Reality Industry to Grow at a CAGR 32.0% [20… – Press Release

Chicago, May 28, 2023 (GLOBE NEWSWIRE) — According to a research report China Augmented Reality and Virtual Reality Market by Technology Type (AR: Markerless, Marker-base; VR: Non-Immersive, Semi-immersive and Fully Immersive Technology), Device Type, Offering, Application, Enterprise, and Geography – Global Forecast to 2027″, published by MarketsandMarkets, China Augmented Reality and Virtual Reality Market to Grow at a CAGR 32.0% from 2022 to 2027.

The huge number of local players producing AR and VR devices to drive market growth in China

China is one of the fastest-growing economies in the world. Many projects, especially VR projects, are underway in the country. China has been increasingly focusing on switching from a manufacturing-driven to an innovation-driven economy. The Chinese industrial sector has started investing in R&D activities pertaining to rapidly evolving technologies such as AR, VR, and MR.

Ask for PDF Brochure: https://ift.tt/6RFhmGO

According to the Chinese Ministry of Industry and Information Technology, the gaming industry is growing at a high rate, which leads to a higher demand for HMDs in the country. Currently, the demand for these HMDs in consumer gaming, sports & entertainment applications is higher; however, in the near future, the demand for VR and AR HMDs will also be witnessed in education, real estate, manufacturing, design, and healthcare applications. The Chinese industrial sector has started using AR and VR technologies for employee training, simulation projects, etc., which require HMD products. The education industry has started using HMDs in classrooms to enhance students’ experience via headsets. The rising use of HMD products in healthcare applications, including surgical procedures and medical simulations, is a strong driver for the growth of the Chinese market.

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China is among the growing…

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Forest fires – BAN ON OPEN FIRES IN OR IN THE VICINITY OF A FOREST – Press Release

QUEBEC CITY, May 28, 2023 /CNW/ – The ministère des Ressources naturelles et des Forêts has decided to ban open fires in or in the vicinity of a forest because of the current conditions. This decision, taken in collaboration with the Société de protection des forêts contre le feu (SOPFEU), therefore results in a ban that takes effect starting on May 28, at 7 p.m.

The areas affected by this measure are the following RCMs and territories:

NORD-DU-QUÉBEC : Jamésie (991), Administration régionale Kativik (992), Eeyou Istchee (Waswanipi, Mistissini, Oujé-Bougoumou, Chisasibi, Eastmain, Nemiscau, Waskaganish, Wemindji) (993).

CÔTE-NORD : La Haute-Côte-Nord (95), Manicouagan (96), Sept-Rivières (971), Caniapiscau (972), Minganie (981) – partie sur le continent et Île-d’Anticosti.

SAGUENAY–LAC-SAINT-JEAN : Le Domaine-du-Roy (91), Maria-Chapdelaine (92), Lac-Saint-Jean-Est (93), Saguenay (941), Le Fjord-du-Saguenay (942).

ABITIBI-TÉMISCAMINGUE : Témiscamingue (85), Rouyn-Noranda (86), Abitibi-Ouest (87), Abitibi (88), La Vallée-de-l’Or (89).

MAURICIE : Mékinac (35), Shawinigan (36), Trois-Rivières (371), Les Chenaux (372), Maskinongé (51), La Tuque (90).

CAPITALE-NATIONALE : Charlevoix-Est (15), Charlevoix (16), L’Île-d’Orléans (20), La Côte-de-Beaupré (21), La Jacques-Cartier (22), Québec (23), Portneuf (34).

BAS-SAINT-LAURENT : La Matapédia (07), La Matanie (08), La Mitis (09), Rimouski-Neigette (10), Les Basques (11), Rivière-du-Loup (12), Témiscouata (13), Kamouraska (14).

GASPÉSIE–ÎLES-DE-LA-MADELEINE : Le Rocher-Percé (02), La Côte-de-Gaspé (03), La Haute-Gaspésie (04), Bonaventure (05), Avignon (06).

OUTAOUAIS : Papineau (80), Gatineau (81), Les Collines-de-l’Outaouais (82), La Vallée-de-la-Gatineau (83), Pontiac (84).

LAURENTIDES : Deux-Montagnes (72), Thérèse-De Blainville (73), Mirabel (74), La Rivière-du-Nord (75), Argenteuil (76), Les Pays-d’en-Haut (77), Les Laurentides (78), Antoine-Labelle (79).

LANAUDIÈRE :…

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Securities Class Action Reminder (NASDAQ: VIRT): Kessler Topaz Meltzer & Check, … – Press Release

The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that a securities class action lawsuit has been filed in the United States District Court for the Eastern District of New York against Virtu Financial, Inc. (“Virtu”) ((VIRT). The action charges Virtu with violations of the federal securities laws, including omissions and fraudulent misrepresentations relating to the company’s business, operations, and prospects. As a result of Virtu’s materially misleading statements and omissions to the public, Virtu’s investors have suffered significant losses.

CLICK HERE TO SUBMIT YOUR VIRTU LOSSES. YOU CAN ALSO CLICK ON THE FOLLOWING LINK OR COPY AND PASTE IN YOUR BROWSER: https://ift.tt/URqB4tf

LEAD PLAINTIFF DEADLINE: JULY 18, 2023

CLASS PERIOD: MARCH 1, 2019 THROUGH APRIL 28, 2023

CONTACT AN ATTORNEY TO DISCUSS YOUR RIGHTS:

Jonathan Naji, Esq. at (484) 270-1453 or via email at info@ktmc.com

Kessler Topaz is one of the world’s foremost advocates in protecting the public against corporate fraud and other wrongdoing. Our securities fraud litigators are regularly recognized as leaders in the field individually and our firm is both feared and respected among the defense bar and the insurance bar. We are proud to have recovered billions of dollars for our clients and the classes of shareholders we represent.

VIRTU’S ALLEGED MISCONDUCT

Virtu is a financial services company whose product suite includes offerings in execution, liquidity sourcing, analytics and broker-neutral, and multi-dealer platforms in workflow technology. As part of its operations, Virtu claims to have established information access barriers, or separations between different departments or individuals designed to block the exchange of confidential information and prevent conflicts of interest.

Throughout the Class Period, however, Defendants made false and/or misleading…

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Securities Class Action Reminder (NYSE: CRL): Kessler Topaz Meltzer & Check, LLP… – Press Release

The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that a securities class action lawsuit has been filed in the United States District Court for the District of Massachusetts against Charles River Laboratories International, Inc. (“Charles River”) ((CRL). The action charges Charles River with violations of the federal securities laws, including omissions and fraudulent misrepresentations relating to the company’s business, operations, and prospects. As a result of Charles River’s materially misleading statements and omissions to the public, Charles River’s investors have suffered significant losses.

CLICK HERE TO SUBMIT YOUR CHARLES RIVER LOSSES. YOU CAN ALSO CLICK ON THE FOLLOWING LINK OR COPY AND PASTE IN YOUR BROWSER: https://ift.tt/ibnA8RH

LEAD PLAINTIFF DEADLINE: JULY 18, 2023

CLASS PERIOD: MAY 5, 2020 THROUGH FEBRUARY 21, 2023

CONTACT AN ATTORNEY TO DISCUSS YOUR RIGHTS:

Jonathan Naji, Esq. at (484) 270-1453 or via email at info@ktmc.com

Kessler Topaz is one of the world’s foremost advocates in protecting the public against corporate fraud and other wrongdoing. Our securities fraud litigators are regularly recognized as leaders in the field individually and our firm is both feared and respected among the defense bar and the insurance bar. We are proud to have recovered billions of dollars for our clients and the classes of shareholders we represent.

CHARLES RIVER’S ALLEGED MISCONDUCT

Charles River is a full-service, non-clinical global drug development partner with a mission to create healthier lives. The company has three reporting segments: Research Models and Services, Discovery and Safety Assessment, and Manufacturing Solutions. The Discovery and Safety Assessment segment accounts for approximately 60% of the company’s total revenue and offers, among other things, safety assessment studies required…

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TAL DEADLINE: ROSEN, THE FIRST FILING FIRM, Encourages TAL Education Group Inves… – Press Release

NEW YORK, May 28, 2023 /PRNewswire/ —

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of American Depositary Shares (“ADSs”) of TAL Education Group TAL between June 14, 2022 and March 14, 2023, both dates inclusive (the “Class Period”), of the important May 30, 2023 lead plaintiff deadline in the securities class action first filed by the Firm.

SO WHAT: If you purchased TAL securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the class action, go to https://ift.tt/6HNu2R9 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than May 30, 2023. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone…

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ROSEN, A LEADING LAW FIRM, Encourages Allbirds, Inc. Investors to Secure Counsel… – Press Release

NEW YORK, May 28, 2023 /PRNewswire/ —

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of: (i) Allbirds, Inc. BIRD Class A Common Stock pursuant and/or traceable to the registration statement in connection with the Company’s November 2021 initial public offering (“IPO”); and/or (ii) Allbirds securities between November 4, 2021 and March 9, 2023, both dates inclusive (the “Class Period”) of the important June 12, 2023 lead plaintiff deadline.

SO WHAT: If you purchased Allbirds securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Allbirds class action, go to https://ift.tt/tl7BZOc or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than June 12, 2023. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017….

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