None
The Bachelor’s Kelsey Anderson and Joey Graziadei spark new breakup rumors with moveNone
ADDISON, Texas, Dec. 05, 2024 (GLOBE NEWSWIRE) -- CECO Environmental Corp. (Nasdaq: CECO) (together with its consolidated subsidiaries and affiliates, "CECO”), a leading environmentally focused, diversified industrial company whose solutions protect people, the environment and industrial equipment, announced today that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended ("HSR”), applicable to CECO's tender offer for Profire Energy, Inc. (Nasdaq: PFIE) ("PFIE”) expired at 11:59 p.m., Eastern Time, on November 15, 2024. The expiration of the HSR waiting period satisfies one of the conditions to consummate the tender offer. Other conditions remain to be satisfied, including, among others, a minimum tender of shares of common stock of PFIE representing a majority of the total number of outstanding shares of common stock of PFIE. Unless the tender offer is extended, the offer and withdrawal rights will expire at one minute after 11:59 p.m., Eastern Time, on December 31, 2024. ABOUT CECO ENVIRONMENTAL CECO Environmental is a leading environmentally focused, diversified industrial company, serving a broad landscape of industrial air, industrial water, and energy transition markets across the globe through its key business segments: Engineered Systems and Industrial Process Solutions. Providing innovative technology and application expertise, CECO helps companies grow their business with safe, clean, and more efficient solutions that help protect people, the environment and industrial equipment. In regions around the world, CECO works to improve air quality, optimize the energy value chain, and provide custom solutions for applications including power generation, petrochemical processing, general industrial, refining, midstream oil and gas, electric vehicle production, polysilicon fabrication, battery recycling, beverage can, and water/wastewater treatment along with a wide range of other applications. CECO is listed on Nasdaq under the ticker symbol "CECO.” Incorporated in 1966, CECO's global headquarters is in Addison, Texas. For more information, please visit www.cecoenviro.com . SAFE HARBOR STATEMENT Certain statements in this communication are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, both as amended, which are intended to be covered by the safe harbor for "forward-looking statements” provided by the Private Securities Litigation Reform Act of 1995. Any statements contained in this communication, other than statements of historical fact, including statements about management's beliefs and expectations, are forward-looking statements and should be evaluated as such. These statements are made on the basis of management's views and assumptions regarding future events and business performance. We use words such as "believe,” "expect,” "anticipate,” "intends,” "estimate,” "forecast,” "project,” "will,” "plan,” "should” and similar expressions to identify forward-looking statements. Forward-looking statements involve risks and uncertainties that may cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. Potential risks and uncertainties, among others, that could cause actual results to differ materially are discussed under "Item 1A. Risk Factors” of CECO's Quarterly Reports on Form 10-Q and in CECO's Annual Report on Form 10-K for the fiscal year ended December 31, 2023, and include, but are not limited to: Important Additional Information Will be Filed with the SEC This press release is neither an offer to purchase nor a solicitation of an offer to sell common stock of PFIE or any other securities. This communication is for informational purposes only. The tender offer transaction commenced by a subsidiary of CECO is being made pursuant to a tender offer statement on Schedule TO (including the Offer to Purchase, a related Letter of Transmittal and other offer materials) filed by such affiliates of CECO with the SEC. In addition, PFIE will file a solicitation/recommendation statement on Schedule 14D-9 with the SEC related to the tender offer. The offer to purchase shares of PFIE' common stock is only being made pursuant to the Offer to Purchase, the Letter of Transmittal and related offer materials filed as a part of the tender offer statement on Schedule TO, in each case as amended from time to time. THE TENDER OFFER MATERIALS (INCLUDING THE OFFER TO PURCHASE, THE RELATED LETTER OF TRANSMITTAL AND OTHER MATERIALS) AND THE SOLICITATION/RECOMMENDATION STATEMENT ON SCHEDULE 14D-9 CONTAIN IMPORTANT INFORMATION. PRIOR TO MAKING ANY DECISION REGARDING THE TENDER OFFER, PFIE STOCKHOLDERS ARE STRONGLY ADVISED TO CAREFULLY READ THESE DOCUMENTS, AS FILED AND AS THEY MAY BE AMENDED FROM TIME TO TIME, WHEN THEY BECOME AVAILABLE. PFIE stockholders will be able to obtain the tender offer statement on Schedule TO (including the Offer to Purchase, a related Letter of Transmittal and other offer materials) and the related solicitation/recommendation statement on Schedule 14D-9 at no charge on the SEC's website at www.sec.gov. In addition, the tender offer statement on Schedule TO (including the Offer to Purchase, a related Letter of Transmittal and other offer materials) and the related solicitation/recommendation statement on Schedule 14D-9 may be obtained free of charge from D.F. King & Co., Inc. 48 Wall Street, 22nd Floor New York, New York 10005, Telephone Number (866) 342-4881. Company Contact: Peter Johansson Chief Financial and Strategy Officer 888-990-6670 Investor Relations Contact: Steven Hooser and Jean Marie Young Three Part Advisors 214-872-2710 [email protected]
Seahawks try for 7th straight win in series vs. Cards in crucial NFC West matchup
Asus, TP-Link, Tenda, and Cudy are among South Africa's most popular router brands, with Asus and TP-Link maintaining a strong presence in the local market for years. This is according to feedback from Wootware sales head Dimitri Mackor, who noted that the popularity of Tenda and Cudy routers shows a significant shift in customer preference in recent years. Mackor explained that the most popular models from TP-Link and Asus offer mesh network technology, such as Asus's AiMesh routers and TP-Link's Deco series. "Routers are typically long-term investments, and customers don't often upgrade annually," said Mackor. "However, advancements like mesh systems, which address coverage gaps in homes, and the rising demand for higher internet speeds have kept router sales consistently strong." "Asus offers an excellent range of AiMesh routers, including models from their TUF series with AX capabilities. Similarly, TP-Link's Deco series, particularly those featuring the latest Wi-Fi 7 technology, have gained popularity," he added. MyBroadband also asked Dreamware Tech and Titan-Ice for feedback, but they hadn't answered our questions by publication. In August 2024, two of the country's most prominent ICT distributors — Nology and Pinnacle — told MyBroadband that brands like TP-Link, D-Link, Huawei, Zyxel,... Myles Illidge
NEW YORK (AP) — The huge rally for U.S. stocks lost momentum on Thursday as Wall Street counted down to a big jobs report that’s coming on Friday. The crypto market had more action, and bitcoin briefly burst to a record above $103,000 before pulling back. The S&P 500 slipped 0.2% from the all-time high it had set the day before, its 56th of the year so far, to shave a bit off what’s set to be one of its best years of the millennium . The Dow Jones Industrial Average fell 248 points, or 0.6%, while the Nasdaq composite slipped 0.2% from its own record set the day before. Bitcoin powered above $100,000 for the first time the night before, after President-elect Donald Trump chose Paul Atkins, who's seen as a crypto advocate, as his nominee to head the Securities and Exchange Commission. The cryptocurrency has climbed dramatically from less than $70,000 on Election Day, but it fell back as Thursday progressed toward $99,000, according to CoinDesk. Sharp swings for bitcoin are nothing new, and they took stocks of companies enmeshed in the crypto world on a similar ride. After rising as much as 9% in early trading, MicroStrategy, a company that’s been raising cash just to buy bitcoin, swung to a loss of 4.8%. Crypto exchange Coinbase Global fell 3.1% after likewise erasing a big early gain. Elsewhere on Wall Street, stocks of airlines helped lead the way following the latest bumps up to financial forecasts from carriers. American Airlines Group soared 16.8% after saying it’s making more in revenue during the last three months of 2024 than it expected, and it will likely make a bigger profit than it had earlier forecast. The airline also chose Citi to be its exclusive partner for credit cards that give miles in its loyalty program. That should help its cash coming in from co-branded credit card and other partners grow by about 10% annually. Southwest Airlines climbed 2% after saying it’s seeing stronger demand from leisure travelers than it expected. It also raised its forecast for revenue for the holiday traveling season. On the losing end of Wall Street was Synposys, which tumbled 12.4%. The supplier for the semiconductor industry reported better profit for the latest quarter than analysts expected, but it also warned of “continued macro uncertainties” and gave a forecast for revenue in the current quarter that fell short of some analysts’ estimates. American Eagle Outfitters fell even more, 14.3%, after the retailer said it’s preparing for “potential choppiness” outside of peak selling periods. It was reminiscent of a warning from Foot Locker earlier in the week and raised more concerns about how resilient U.S. shoppers can remain. Solid spending by U.S. consumers has been one of the main reasons the U.S. economy has avoided a recession that earlier seemed inevitable after the Federal Reserve hiked interest rates to crush inflation. But shoppers are now contending with still-high prices and a slowing job market . This week’s highlight for Wall Street will be Friday’s jobs report from the U.S. government, which will show how many people employers hired and fired last month. A report on Thursday said the number of U.S. workers applying for unemployment benefits rose last week but remains at historically healthy levels. Expectations are high that the Fed will cut its main interest rate again when it meets in two weeks. The Fed began easing its main interest rate from a two-decade high in September, hoping to offer more support for the job market. In the bond market, the yield on the 10-year Treasury edged down to 4.17% from 4.18% late Wednesday. The S&P 500 fell 11.38 points to 6,075.11. The Dow sank 248.33 to 44,765.71, and the Nasdaq composite lost 34.86 to 19,700.26. In stock markets abroad, indexes were mostly calm in Europe after far-right and left-wing lawmakers in France joined together to vote on a no-confidence motion that will force Prime Minister Michel Barnier and his Cabinet to resign. The CAC 40 index in Paris added 0.4%. In South Korea, the Kospi fell 0.9% to compound its 1.4% decline from the day before. President Yoon Suk Yeol was facing possible impeachment after he suddenly declared martial law on Tuesday night. He revoked the martial law declaration six hours later. Crude oil prices slipped after eight members of the OPEC+ alliance of oil exporting countries decided to put off increasing oil production. AP Business Writers Yuri Kageyama and Matt Ott contributed.
ON the youth club’s memorial wall, the names of 46 past members are immortalised on wooden plaques. They bear witness to the tragic loss of young people aged 12 to 35 — but this is no war commemoration or tribute to those killed in a terrible disaster. It is the true cost of living in Britain’s worst benefits blackspot. Among the names on the Shalom Youth Club memorial in Grimsby ’s East Marsh estate are victims of 16 drug overdoses, six murders and five suicides — a tally of misery brought on by a toxic mix of unemployment, drink, drugs and gambling problems. More than half the estate’s residents live on handouts, and life expectancy is 12 years below average. The area is awash with “county lines” gangs — criminals who force victims to transport drugs across police and local authority boundaries, and who often “cuckoo”, or take over, the home of a vulnerable person to use as a base for their operation. Police had to rescue an East Marsh family with three primary school-aged children from the clutches of dealers who moved into their home. Canon John Ellis, who has run a local youth project for 52 years, said: “I’ve never seen it so bad. “People are being preyed on by drug dealers and gangs and spend what little money they have on drink and gambling. “For the first time ever, we’re getting kids coming through the door who, when asked what school they attend, say, ‘I don’t go’. “The levels of poverty are Victorian. "We’ve all seen the statistics about the number of jobs available, but when a community sinks this low in its esteem, people go into a whole way of life. "Employment is a big step because, let’s face it, it’s quite enjoyable to sit and just chill. “This community needs to understand there’s no cavalry coming and they’ve got to try to help themselves.” Grimsby, in north-east Lincs, has become synonymous with poverty and crime over the years and East Marsh, the centre of a once proud fishing community, is in the bottom three per cent for deprivation in Britain. At The Rock food bank, a boozed-up regular downs his bottle of Carlsberg then picks up a bag of food, while outside, a drug user slumps on a wall, unable to stand. Also in the queue for food is former heroin user Paul McPhee, who gets £328 a fortnight in Employment and Support Allowance, a benefit for the sick and disabled. He has no rent or bills to pay because he lives in a supported housing complex. In East Marsh, 33 per cent of people get sickness payouts , while 11 per cent are on Jobseeker’s Allowance and nine per cent get other benefits. Paul, 54, told The Sun: “I used to work as a housing association support officer but I lost my job because they accused me of stealing from a client — even though no charges were ever brought and I would never do that. “That was 2014, and I’ve not been able to get work since. "I’m clean now but I used to take drugs because I had really bad mental health issues. “If I’d got the help I needed then, I might not be here now.” The Rock founder Pam Hodge said the charity, which feeds around 600 people a week, is stuck in a “merry-go-round” of feeding people, most of whom have grown up in the care system and are in and out of prison. At the nearby Salvation Army centre, the homeless Baccellini family — Amy and Dino, and their kids Kyle, 14, Kylie, 13, Lexie, 11, Carlo, ten, and seven-year-old Gino — sit waiting for their washing to dry. This community needs to understand there’s no cavalry coming and they’ve got to try to help themselves They are living in three bedrooms in a guest house in nearby Cleethorpes after being run out of Grims- by’s notorious Nunsthorpe estate, where drugs and crime are rife. The family have been shunted from pillar to post, living in temporary accommodation for three years — and none of the kids has been to school in that time. They previously fled Leicester in 2021 after death threats from their wider family and lived in a series of temporary caravan accommodation in Skegness before being told they might have a better chance of a permanent home in Grimsby. Amy said: “The local authority gave us a temporary house on the Nuns-thorpe estate and things were OK for a while. "But they said the kids would have to go to four different schools, all outside the area, and we didn’t have a car to get them there. “We’ve had to home-school. "We kept ourselves to ourselves on the estate and then a stupid rumour got around that we were in witness protection and people started calling us snitches, egging our house. “Then Kylie was badly attacked by a woman who lived nearby and the council moved us out for our protection. "We’ve spent the last two months living in a temporary B&B. “The council says it will pay £600 towards a private landlord but they all want guarantors, and we don’t have anyone. It’s hopeless.” Although Grimsby is surrounded by upmarket villages, the town itself is blighted by shuttered, graffiti-covered shops, in neighbourhoods strewn with rubbish and populated by street drinkers and aimless youngsters. It is the epitome of broken Britain, where 9.25million, or more than a fifth of the working-age population, have no job or are not actively seeking one. Last month the Government unveiled its Get Britain Working programme, aimed at getting two million jobless young people into work. But it will face an uphill battle in places such as East Marsh, where benefits have become almost a cultural norm. Rev Kay Jones, who runs a social lunch and playgroup at St John and St Stephen church in East Marsh, said: “When this was a fishing area, how much you earned depended on the size of your catch. "But when benefits were introduced, many people saw this as a constant source of income, some stability.” Most of those who work in the town depend on the dominant frozen seafood industry. Jobs at Young’s, which supplies around 40 per cent of the fish eaten in Britain, are currently being advertised for £12.21 an hour — above the National Living Wage of £11.44 — but one agency is offering below, at £11.41. It’s really draining to have to think about money constantly but I am not well enough to work Rev Jones said many people feel it is “too risky” to come off benefits and start a job in case they don’t get enough work hours to qualify for Working Tax Credit. In the church hall, Emily Gould, 31, is grateful just to have some company because her partner James, a 29-year-old electrician, works away during the week in Leeds, 62 miles away. She said: “I don’t think it’s that people don’t want to work necessarily, but that they sometimes get more in benefits.” Serena Donnelly, who is at the drop-in with her four-year-old son Alex, says she is unable to work because she has fibromyalgia , a condition that causes pain, fatigue and brain fog. Serena, 31, who also has an 11-year-old daughter, gets £1,900 a month in benefits and is left with about £250 for food and clothing after paying her £570 rent, £130 gas and electricity, £44 council tax, water and Sky TV bills. She said: “It’s really draining to have to think about money constantly but I am not well enough to work. “I’m struggling to get the kids stuff for Christmas, and buying from sites like Temu and getting toys from the NSPCC to help.” Close to tears, she added: “Sometimes things are so bad I just want to run away.” Grimsby is now betting its future on renewable energy, with some of Europe’s biggest wind farms generating power just off the coast. Danish giant Orsted has a base in the town and small supply boats run from the docks, carrying engineers and equipment to the huge turbines out at sea. But the work is highly specialised, and Canon Ellis said jobs are hardly ever advertised in the local Jobcentre. He said East Marsh suffers from a lack of good educational opportunities after two schools shut, and added: “It forced kids to go to suburban schools where the teachers don’t understand them and they feel they don’t fit in.” He continued: “Fishing was grim, grinding graft but it didn’t require the level of skill needed for these offshore wind jobs. “A few ex-fishermen have got jobs driving the safety boats but there are few people in the community who can work in the sector. “Many parents are on drink or drugs and we’ve got kids growing up here with no support other than the youth centre, and the only adults they see are police or social workers. “They are rampaging about the place and when county line gangs give them a little attention, they respond and get dragged into it. “Housing is poor and full of damp, and private landlords don’t care about their houses, leaving them to go to rack and ruin. “They prey on people, along with the drug dealers and county lines. “We’ve a regular who comes in, who is very vulnerable, and dealers keep moving into his place. “We have someone who goes and throws them out but they are back in the next week. “Gambling is a huge issue because people are just looking for something to give them a little bit of relief, or they hope they might win the lottery. “If you imagine a street with vultures sitting on every roof, that’s East Marsh. “It’s going to take much more than a politician vowing to get Britain back to work for things to change. “People here have heard it all before.”Nikki Haley skewers controversial Trump nominees
Victoria's Secret & Co. Reports Third Quarter 2024 ResultsPolice lay more charges against pro-Palestinian demonstrators in Ottawa
Betty White Forever: New stamp will honor the much-beloved 'Golden Girls' actor‘Knee-jerk’ policy: Experts warn against Labor’s under-16 social media ban
Happy scores 16 as Princeton downs Portland 94-67 at Myrtle Beach Invitational
Rep. Debbie Wasserman Schultz Buys Shares of Baxter International Inc. (NYSE:BAX)US coach Emma Hayes admits to anthem uncertainty ahead of England stalemate
Uruguay's voters choose their next president in a close runoff with low stakes but much suspense