SANTA CLARA: Intel Corporation is entering into accelerated share repurchase (ASR) agreements to repurchase an aggregate of $10 billion of Intel’s common stock, a news release said. Following completion of these agreements, Intel will have repurchased a total of approximately $17.6 billion in shares as part of the planned $20 billion share repurchases announced in…
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Bombardier closes $1.0 billion senior secured credit facility
MONTREAL: Bombardier Inc, has successfully closed the previously announced three-year $1.0 billion senior secured term loan facility, a news release said. HPS Investment Partners, LLC, acted as administrative agent, collateral agent and the lead lender for a group that included investment funds and accounts managed by HPS Investment Partners, LLC and Apollo Capital Management, L.P.,…
Affirm partners UrbanStems to bring a better way to buy fresh flowers
SAN FRANCISCO: Affirm, a more flexible and transparent alternative to credit cards, today announced a partnership with UrbanStems, a modern floral and gifting company designed for thoughtful people. Now UrbanStems customers can make someone’s day by sending expressive bouquets and plants, as well as reason-specific gifts, same-day or next-day nationwide, and split the cost of…
New Indie World Presentation showcases more than 20 games coming to Nintendo Switch
REDMOND: Nintendo released a new Indie World video showcasing a wide variety of indie games coming to the Nintendo Switch system this year and next. Highlights of the video include rogue-like dungeon crawler Hades, card-trick adventure game Card Shark and Raji: An Ancient Epic, an action-adventure game inspired by Hindu and Balinese mythology that launches…
Leafly Names Yoko Miyashita as New CEO
SEATTLE: Cannabis information resource and commerce platform Leafly Holdings, announced General Counsel Yoko Miyashita will lead the company as its new Chief Executive Officer. As Leafly CEO, Miyashita will drive the company’s vision and strategy for continued growth as a marketplace to connect consumers with cannabis retailers and brands, as well as maintaining its position…
Balfour Beatty has been recognized by ABC of Florida
JACKSONVILLE: Balfour Beatty has been recognized by The Associated Builders and Contractors (ABC) of Florida, First Coast Chapter with its “Project of the Year” and Eagle Award in the institutional $25 million to $100 million category for the recent completion of Jacksonville Transportation Authority’s (JTA), Jacksonville Regional Transportation Center (JRTC) at LaVilla. The annual Excellence…
Change Healthcare acquires Nucleus.io
NASHVILLE: Change Healthcare announced the acquisition of Nucleus.io, a leader in the development of advanced, fully enabled, cloud-native imaging and workflow technology. Nucleus.io’s state-of-the-art, cloud-native imaging technology, including a zero-footprint diagnostic viewer with patented streaming technology, workflow and image sharing solutions, completes Change Healthcare’s next-generation medical imaging platform. Today’s transaction supports Change Healthcare’s commitment to…
voxeljet transfers listing of its American Depositary Shares to NASDAQ
FRIEDBERG: voxeljet AG announced that it will voluntarily transfer the listing of its American Depositary Shares (ADSs) from The New York Stock Exchange (NYSE) to the NASDAQ Capital Market effective August 28, 2020, after market close. voxeljet AG a leading provider of high-speed, large-format 3D printers and on-demand parts services to industrial and commercial customers….
Tetra Tech wins $29.7 million USAID renewable energy contract
PASADENA: Tetra Tech Inc. announced that the U.S. Agency for International Development (USAID) awarded the Company a five-year, $29.7 million single-award contract for the continuation of its Scaling Up Renewable Energy project (SURE II). Recent advancements in renewable energy technologies and business models have made solar and wind power viable options for emerging economies. Battery…
Streamed video content dominates media and entertainment consumption
SYDNEY: Brightcove Inc., the world’s leading video technology platform, published the Brightcove Q2 2020 Global Video Index Entertainment and Media Edition, which found that OTT streaming of entertainment content continued to dominate, even as governments began loosening stay-at-home restrictions. The data suggests that consumers’ media consumption habits may be permanently shifting away from linear TV,…
Cambridge Global announces endorsement partnership with Australia-Latin America Business Council
SYDNEY: Cambridge Global Payments is selected by the Australia-Latin America Business Council (ALABC) board as the preferred provider of foreign currency exchange and international payments solutions for ALABC members across Australia, a news release said. Through this partnership, ALABC’s 800+ members and their respective companies, who qualify, will be able to gain access to and…
Alliance Stone joins SiteOne landscape supply
ROSWELL: Alliance Stone has joined SiteOne. Alliance Stone serves the greater Atlanta, GA market from a single location focused on the distribution of hardscapes to landscape professionals, a news release said. “Alliance Stone is a terrific addition to SiteOne with a dedicated stone center and strong hardscapes and natural stone expertise to complement our current…