ST. GEORGE: SkyWest Inc. (NASDAQ: SKYW) announced an agreement with Alaska Airlines to purchase and operate eight E175 aircraft under a 12-year capacity purchase agreement. The aircraft will be purchased by SkyWest from Embraer and delivered new from the factory. SkyWest continues to be the largest owner/operator of the Embraer E175 aircraft in the world….
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B&G Foods appoints Kenneth C. “Casey” Keller as new President and CEO
PARSIPPANY: B&G Foods Inc. (NYSE: BGS) has appointed Kenneth C. “Casey” Keller, age 59, as its next President and Chief Executive Officer, effective June 14, 2021. Mr. Keller will succeed B&G Foods’ Interim President and Chief Executive Officer, David L. Wenner, who will remain a director of the Company and will work closely with Mr….
Array Technologies signs supply agreement with Nucor Corporation
ALBUQUERQUE Array Technologies (NASDAQ: ARRY) signed an agreement with Nucor Corporation to produce certain components its solar tracking system, as well as support the co-development of future components for Array’s next generation of products. “As the largest recycler of steel in the U.S., Nucor is an ideal partner for Array. Nucor’s longstanding commitment to recycling…
Jamf intends to acquire Wandera for $400 million
MINNEAPOLIS: Jamf Holding (NASDAQ: JAMF), signed a definitive agreement to acquire Wandera, a leader in zero trust cloud security and access for mobile devices. Under the terms of the definitive agreement, Jamf will acquire Wandera for total consideration of $400 million, subject to customary adjustments as set forth in the merger agreement. The total consideration…
Nokia to deploy 5G network for Movistar Chile
ESPOO: Nokia (HEL: NOKIA) has been chosen by Telefónica’s Latin America brand, Movistar Chile to provide equipment from its AirScale portfolio to launch the operator’s 5G network in the country, news release said. This milestone deployment will enable 5G services for Movistar customers. In addition, Nokia will upgrade Movistar’s 4G and 4G+ networks to strengthen the critical network backbone across Chile’s…
Berkshire Hathaway HomeServices Québec celebrates anniversary
MONTREAL: Berkshire Hathaway HomeServices Québec celebrated its first full year of operation. Berkshire Hathaway HomeServices Québec is an independently owned and operated franchise of Berkshire Hathaway HomeServices, one of the world’s fastest-growing residential real estate brokerage franchise networks, with more than 50,000 real estate professionals, in 1,500 offices throughout the U.S., Europe, the Middle East…
Experts predict bright path for U.S. commercial real estate in 2021
WASHINGTON: Speakers at Commercial Economic Issues and Trends Forum, held as part of the 2021 REALTORS Legislative Meetings & Trade Expo, discussed historic shifts in the nation’s economy over the past 12 months while projecting a favorable outlook for the commercial real estate market in the coming year. The U.S. economy experienced one of the…
FCPT acquire portfolio of National Tire and Battery properties for $11.6 million
MILL VALLEY: Four Corners Property Trust (NYSE:FCPT) announced the acquisition of six NTB (National Tire and Battery) branded properties for $11.6 million. The properties are located in highly trafficked retail corridors in Mississippi and Ohio and are corporate-operated under triple net leases with approximately three years of weighted average term remaining. The portfolio was priced…
NYSE to delist ADRs of China Mobile, China Unicom (Hong Kong) and China Telecom
HONG KONG: China Mobile, China Unicom (Hong Kong) and China Telecom notified to the Hong Kong Stock Exchange that they expect the New York Stock Exchange (NYSE) to delist their American Depositary Shares (ADSs). The move will be effective 10 days after the exchange files a Form 25 to the U.S. Securities and Exchange Commission,…
Philip Morris appoints Jacek Olczak as CEO, André Calantzopoulos as Executive Chairman
NEW YORK: Philip Morris International (NYSE: PM) announced that Jacek Olczak was appointed Chief Executive Officer following the company’s 2021 Annual Shareholders Meeting earlier today. Mr. Olczak—most recently the company’s Chief Operating Officer—was also elected to the Board of Directors. André Calantzopoulos, who served as Philip Morris International (PMI) Chief Executive Officer from 2013, was…
Nuvei to acquire Simplex for $250 million in cash
MONTREAL: Nuvei Corporation (TSX: NVEI) entered into a definitive agreement to acquire SimplexCC Ltd., a fintech startup providing the fiat infrastructure to the cryptocurrency industry, for approximately $250 million to be paid in cash, a news release said. The transaction is subject to customary closing conditions, including regulator approval, and is expected to close in…
DC BLOX developing a Tier III data center in High Point, North Carolina
ATLANTA: DC BLOX has acquired land in High Point, North Carolina with plans to construct the first highly secure, Tier III data center in the Carolina Core/Piedmont Triad region which includes High Point, Greensboro, and Winston-Salem, a news release said. DC BLOX is a provider of interconnected multi-tenant data centers that deliver the infrastructure and…