BOSTON: Ironwood Pharmaceuticals Inc. announced that Mark Mallon plans to step down as chief executive officer and a member of the Ironwood Board of Directors in order to pursue another leadership opportunity, effective March 12, 2021. The Ironwood Board has named Thomas McCourt, Ironwood’s president, as interim CEO effective upon Mr. Mallon’s departure. Julie McHugh,…
Category: Wire
News wire, ,nyse exchange, market newspaper, equities market news, financial news,
Northwest Indiana Bancorp proposes corporate name change to Finward Bancorp
MUNSTER: (GLOBE NEWSWIRE) NorthWest Indiana Bancorp (NWIN) is seeking shareholder approval to change its name to Finward Bancorp at a Special Meeting of Shareholders to be held on March 3, 2021. The name change reflects the growth and evolution of the Bancorp in recent years, which has prompted the Bancorp to re-evaluate the name and…
Ideal Power announces pricing of $20 million public offering of common stock
AUSTIN: Ideal Power Inc. announced the pricing of an underwritten public offering of 1,176,500 shares of its common stock at a public offering price of $17 per share, before underwriting discounts and commissions, for an aggregate offering of approximately $20 million. In addition, the Company has granted the underwriter a 30-day option to purchase up…
Global Tech Industries Group signs letter of intent to acquire Gold Transactions International
NEW YORK: Global Tech Industries Group (GTII) has executed a Letter of Intent to acquire Gold Transactions International (GTI), a Utah corporation. The expected closing date of the final, binding acquisition agreement, defining the terms of the acquisition of GTI by GTII, including an assessment its assets and operations going forward, is anticipated to be…
DarkPulse to open manufacturing and engineering facility in Arizona, U.S.
NEW YORK: DarkPulse Inc., a technology company, has signed a commercial lease for an ISO9001; AS9100 certified electronics and electro-mechanical assembly facility for engineering and manufacturing of its hardware and software in Tempe Arizona. “An integral part of the company’s business plan is the manufacturing of its BOTDA hardware,” said Dennis O’Leary, Chairman and CEO…
Retail Business Services signs CEO Action for Diversity & Inclusion commitment
QUINCY: Retail Business Services, the services company of Ahold Delhaize USA, announced that company President Roger Wheeler has joined the CEO Action for Diversity & Inclusion. In signing the commitment, Wheeler joins the growing coalition of over 1,500 CEOs pledging to cultivate workplace environments where diverse experiences and perspectives are welcomed and where associates feel…
Peapod Digital Labs President signs public commitment to diversity & inclusion
CHICAGO: Peapod Digital Labs, the digital and e-commerce engine of the brands of Ahold Delhaize USA, announced JJ Fleeman, President, Peapod Digital Labs, has joined the CEO Action for Diversity & Inclusion, the largest CEO-driven business commitment to advance diversity and inclusion within the workplace. In signing this commitment, Fleeman joins the growing coalition of…
Property and casualty insurers report 27.5% drop in net income during first nine months of 2020
JERSEY CITY: The private U.S. property and casualty (P&C) insurance industry’s net income after taxes dropped 27.5 percent to $35.1 billion in the first nine months of 2020 and net underwriting gains declined to $0.3 billion, from $5.4 billion a year earlier. In the first nine months of 2020, the private U.S. property and casualty…
Healthcare Ventures launches digital health focused Venture Capital Fund
SYDNEY, AUSTRALIA: Sydney based Healthcare Ventures will invest in early stage and growth companies transforming healthcare via digital health technologies, a news release said. The investment strategy focuses primarily on Australian companies going global, led by visionary founders, that are redefining how healthcare is provided and consumed whilst delivering better outcomes for all. The Healthcare…
Spok launches healthcare communication platform in Australia
SPRINGFIELD: Spok Holdings Inc. announced the international expansion of its cloud-native communication platform, Spok Go, with availability in Australia. Purpose-built in the cloud for healthcare, the Spok Go platform drives informed care by connecting clinical teams with the people and information they need when and where it matters most. Spok has supported hospitals and health…
i3 Verticals reports $87.7 million Business Information Systems acquisition
NASHVILLE: i3 Verticals Inc. announced the acquisition of substantially all of the assets of Business Information Systems, GP and Business Information Systems Inc. (collectively “BIS”). BIS is a business based in east Tennessee that provides software and electronic payment solutions in a variety of states. BIS will fit within the Company’s Public Sector vertical. The…
Thompson Knight designates Reveal as its preferred SaaS-based AI platform
CHICAGO: Reveal, the global provider of the leading AI-powered eDiscovery platform, announced that Thompson Knight, the Dallas-based, full-service law firm, has engaged the AI technology powerhouse to provide superior, end-to-end solutions driving today’s forward-thinking legal organizations. “Our platform has completely redefined AI innovation in the practice of law. Fueled by the world’s most powerful AI…