ATLANTA, Oct. 2, 2023 /PRNewswire/ — RPC, Inc. (NYSE: RES) announced today that during the third quarter of 2023 it purchased 136,692 shares for approximately $1.1 million under its share repurchase program.
RPC provides a broad range of specialized oilfield services and equipment primarily to independent and major oilfield companies engaged in the exploration, production and development of oil and gas properties throughout the United States, including the Gulf of Mexico, mid-continent, southwest, Appalachian and Rocky Mountain regions, and in selected international markets. RPC’s investor website can be found on the internet at RPC.net.
For information about RPC, Inc., please contact:
Michael L. Schmit Chief Financial Officer (404) 321-2140 [email protected]
Jim Landers Vice President Corporate Services (404) 321-2162 [email protected]
Spun off from Danaher and carrying a legacy of operational excellence, new business seeks growth by Safeguarding the World’s Most Vital Resources™
WALTHAM, Mass., Oct. 2, 2023 /PRNewswire/ — Today marked the first day of regular way trading for Veralto (NYSE: VLTO) as it begins its new journey as a publicly traded company.
Veralto separated from its former parent, Danaher Corporation, on September 30, 2023. Now, it is a separate, publicly traded company composed of 13 operating companies – Aquatic Informatics, ChemTreat, Esko, Hach, Linx, McCrometer, OTT HydroMet, Pantone, Sea-Bird Scientific, Trojan Technologies, Videojet, XOS, X-Rite – each a leading brand in its industry.
“At Veralto, we are driven by our purpose: Safeguarding the World’s Most Vital Resources,” said Jennifer L. Honeycutt, President and Chief Executive Officer of Veralto. “Billions of people around the world depend on our products and services to help make sure the water they drink, the food that they eat and the medicine they take are safe, and these critical needs drive not only our commitment to our customers, but also our ambition for long-term growth.”
The operating companies of Veralto:
Aid in the treatment and recycling of 12 trillion gallons of water annually;
Help ensure 3.4 billion people – or 40% of the world’s population – have safe drinking water every day;
Collaborate with 45 of the world’s largest consumer packaged goods and pharmaceutical companies to authenticate their products for safety and traceability; and
Mark and code 100,000 products every hour to assure compliance with regulatory requirements.
Veralto is organized into two segments:
Water Quality, which provides a broad portfolio of water analytics and differentiated water treatment solutions that enable reliable delivery of safe drinking water by public and private utilities – from source water to the consumer and back into the water cycle.
Product Quality and Innovation, which provides a broad set of solutions for brand owners and consumer packaged goods companies that enable speed to market as well as traceability and quality control of their products – playing a central role in helping customers ensure the safety of their products and build trust with their consumers.
The success of the Veralto operating companies is bolstered by the organization’s use of the Veralto Enterprise System (VES), a derivative of the Danaher Business System (DBS). The tools and processes of DBS have been well researched and documented for driving operational excellence, and VES will carry through the key tenets of the system.
Jennifer L. Honeycutt and the Veralto Executive Team will commemorate the new public listing of the company by ringing the opening bell at the New York Stock Exchange on Monday, October 9, 2023.
About Veralto
With annual sales of nearly $5 billion, Veralto is a global leader in essential technology solutions with a proven track record of solving some of the most complex challenges we face as a society. Our industry-leading companies with globally recognized brands are building on a long-established legacy of innovation and customer trust to create a safer, cleaner, more vibrant future. Headquartered in Waltham, Massachusetts, our global team of 16,000 associates is committed to making an enduring positive impact on our world and united by a powerful purpose: Safeguarding the World’s Most Vital Resources™.
Forward-Looking Statements
Statements in this release that are not strictly historical, including any statements regarding events or developments that we anticipate will or may occur in the future are “forward-looking” statements within the meaning of the federal securities laws. There are a number of important factors that could cause actual results, developments and business decisions to differ materially from those suggested or indicated by such forward-looking statements and you should not place undue reliance on any such forward-looking statements. These factors include, among other things, those set forth in our SEC filings, including our registration statement on Form 10. These forward-looking statements speak only as of the date of this release and except to the extent required by applicable law, Veralto does not assume any obligation to update or revise any forward-looking statement, whether as a result of new information, future events and developments or otherwise.
LONDON, Oct. 2, 2023 /PRNewswire/ — Global Education Holdings (GEDU), the higher education provider in the UK, announced the successful acquisition of the MLA College (MLA) in the UK. MLA College is a global, award-winning Higher Education provider specialising in the delivery of UK distance learning degrees, predominantly for the marine and maritime sector. The transaction marks yet another significant step towards expanding GEDU’s global ambitions and educational reach.
Founded in 2012, MLA College (formerly known as Marine Learning Alliance Ltd) was initially based within the University of Plymouth, MLA’s partner institution. Today, MLA stands as a registered Higher Education Institution in England in accordance with section 4(5) of the Higher Education and Research Act, 2017. At present MLA is working towards its own Degree Awarding Powers and University status.
The aim of MLA College is to enrich the student experience, extend industry relevance, provide world-class education, and foster creative collaboration and strategic partnerships with other national and international educational institutions and the private sector. “At MLA College, we believe that investing in education and life-long learning will help prepare individuals, teams, and businesses for an evolving global economy. We represent and believe in true education beyond borders,” says Prof Basak Akdemir, CEO, MLA College.
MLA College, acting in its capacity as the education partner for CIFAL (International Training Centre for Authorities and Leaders) City of London, established by UNITAR, has recently launched its Global Sustainable Development programmes that actively see students contributing to the United Nations (UN) Sustainable Development Goals (SDGs). The CIFAL City of London, launched in the City by the Assistant Secretary General of the United Nations and the Lord Mayor of city of London, aspires to build capacity in the maritime sector to create a sustainable future. “As education providers, it is our responsibility to develop methods which allow quality education to all, in line with the United Nations Sustainable Development Goals,” states Prof John Chudley, Rector, MLA College.
About GEDU: Global Education group operates in higher education, apprenticeships and language school segments — with operations in 12 countries including the USA, Canada, United Kingdom, Ireland, Germany, France, Spain, Malta, UAE, India, Saudi Arabia and Australia.
Our portfolio covers a wide range of higher education specialisms that have high employability and hold a very high student experience.
FARMINGTON, Conn., Oct. 2, 2023 /PRNewswire/ — Horizon Technology Finance Corporation (NASDAQ: HRZN) (“Horizon”), a leading specialty finance company that provides capital in the form of secured loans to venture capital backed companies in the technology, life science, healthcare information and services, and sustainability industries, today announced it has provided a $40 million venture loan facility to Elligo Health Research®, Inc. (“Elligo”), of which $25 million has been initially funded.
Elligo is revolutionizing clinical research with its innovative technology platform, which empowers clients to seamlessly utilize non-traditional clinical trial sites, significantly increasing clients’ access to untapped trial participants. Its data-driven clinical trial recruitment and workflow automation solutions optimize and streamline workflows, while providing users with an integrated and diverse network of relevant clinical trial sites, patients and their own physicians with which to engage. Elligo is backed by premier investors including Morgan Stanley, Ally Bridge Group, Norwest Venture Partners, Piper Sandler, Noro-Moseley Partners and Hatteras Venture Partners. The company will use the loan proceeds for general growth and working capital purposes.
“Elligo’s cutting-edge technology has the potential to solve the patient accessibility issue that has consistently impacted the clinical trial market,” said Gerald A. Michaud, President of Horizon. “With upwards of 95% of physicians and patients not able to participate in clinical trials, Elligo’s platform presents a compelling opportunity to accelerate clinical research, which is a win for the entire healthcare ecosystem. We are pleased to support Elligo in their ongoing efforts to improve the clinical trial system.”
“We are excited to have Horizon’s support as we continue to make great strides in enhancing our adaptive engagement model,” said John Potthoff, Ph.D., Founder and CEO of Elligo. “Our unique workflow automation feature, IntElligo®, in tandem with Elligo’s data capabilities, enables us to facilitate access to more patients and more efficient and cost-effective trials, thus accelerating new therapies and devices to market, which is critical to improving healthcare for all.”
About Horizon Technology Finance
Horizon Technology Finance Corporation (NASDAQ: HRZN), externally managed by Horizon Technology Finance Management LLC, an affiliate of Monroe Capital, is a leading specialty finance company that provides capital in the form of secured loans to venture capital backed companies in the technology, life science, healthcare information and services, and sustainability industries. The investment objective of Horizon is to maximize its investment portfolio’s return by generating current income from the debt investments it makes and capital appreciation from the warrants it receives when making such debt investments. Horizon is headquartered in Farmington, Connecticut, with a regional office in Pleasanton, California, and investment professionals located throughout the U.S. Monroe Capital is a $17 billion asset management firm specializing in private credit markets across various strategies, including direct lending, technology finance, venture debt, opportunistic, structured credit, real estate and equity. To learn more, please visit horizontechfinance.com.
About Elligo Health Research®
Elligo Health Research accelerates clinical trials through direct access to known, diverse patients from more than 115 hospitals and major health systems, 200 healthcare-based sites, and 100 research-based sites, leveraging EHR data and utilizing our proprietary IntElligo technology. Our PatientSelect® model engages our network of networks to optimize the intersection of healthcare and research and bring more patients clinical research as a care option. Elligo’s SiteSelect model and Research Partner Services enable sites to seamlessly participate in trials, further advancing the development of new pharmaceutical, biotechnology, and medical device and diagnostic products.
Forward-Looking Statements
Statements included herein may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Statements other than statements of historical facts included in this press release may constitute forward-looking statements and are not guarantees of future performance, condition or results and involve a number of risks and uncertainties. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including those described from time to time in the Company’s filings with the Securities and Exchange Commission. Horizon undertakes no duty to update any forward-looking statement made herein. All forward-looking statements speak only as of the date of this press release.
TROY, Mich., Oct. 2, 2023 /PRNewswire/ — The Editorial Advisory and Securities Review Committee of BetterInvesting Magazine today announced Five Below Inc. (NASDAQ: Five) as its “Stock to Study” and The Estee Lauder Companies Inc. (NYSE: EL) as its “Undervalued Stock” in the December 2023 issue for investors’ informational and educational use.
“The seven independent CFAs who comprise the Editorial Advisory and Securities Review Committee use the same powerful tool to analyze stocks which our members have used for decades: the Stock Selection Guide. For those looking for the best stocks to buy, there is nothing in the marketplace that compares,” said Ken Zendel, CEO of National Association of Investors (NAIC), the parent organization of BetterInvesting.
Check the December 2023 issue of BetterInvesting Magazine for more details about the latest stocks. Non-members can utilize the limited, trial version of the BetterInvesting online stock selection and analysis tools to study the investment potential of Five Below Inc. and The Estee Lauder Companies Inc. by viewing their fundamental data and applying judgments.
Committee members are Lauren Adams, CFA; Robert M. Bilkie, Jr., CFA; Daniel J. Boyle, CFA; Marisa Bradbury, CFA; Philip Keating, CFA; Walter J. Kirchberger, CFA; and Anne Nichols, CFA.
As stated, the BetterInvesting committee’s Stock to Study and Undervalued Stock choices are for the informational and educational uses of investors. They are not to be considered as endorsed or recommended for purchase by NAIC/BetterInvesting. BetterInvesting urges investors to educate themselves about the stock market so they can make informed decisions about stock purchases. Investors should conduct their own review and analysis of any company of interest using the Stock Selection Guide before making an investment decision.
About BetterInvesting:
BetterInvesting™, a national 501(c)(3) nonprofit, investment education organization, has been empowering everyday Americans since 1951. Also known as the National Association of Investors™ (NAIC®), we have helped more than 5 million people from all walks of life learn how to improve their financial future. BetterInvesting provides unbiased, in-depth investing education and powerful online stock analysis tools to create successful lifelong investors. BetterInvesting staff, along with a dedicated community of volunteers across America, teach the organization’s principles and time-tested methodology to individuals and investment clubs. For more information about BetterInvesting, please visit www.betterinvesting.org.
NEW YORK, Oct. 2, 2023 /PRNewswire/ — The sports sponsorship market by type (signage, digital activation, club and venue activation, and others), application (competition sponsorship and training sponsorship), and geography (North America, Europe, APAC, South America, and Middle East and Africa) – Forecast and Analysis 2023-2027 report has been added to Technavio’s offering. With ISO 9001:2015 certification, Technavio has proudly partnered with more than 100 Fortune 500 companies for over 16 years. The potential growth difference for the sports sponsorship market between 2022 and 2027 is USD 22.64 billion.The emergence of new sports leagues drives the market growth during the forecast period. Numerous opportunities for sponsorships in various sports are opening up due to the growing number of new sporting events around the world. This mainly comprises the introduction of new tournaments as well as the expansion of existing tournaments to new venues. As a result, such initiatives are fuelling the sponsors to invest more in these events which is positively impacting the market. In addition, several sporting organizations across the world depend on sponsors to offer funds, products, and services, which ultimately support the profitability of all the parties involved. Hence, such factors are driving the market growth during the forecast period. Get deeper insights into the market size, current market scenario, future growth opportunities, major growth driving factors, the latest trends, and much more. Buy the full report here
The sports sponsorship market is segmented by type (signage, digital activation, club and venue activation, and others), application (competition sponsorship and training sponsorship), and geography (North America, Europe, APAC, South America, and Middle East and Africa).
The market share growth by the signage segment will be significant during the forecast period. The segment comprises revenues from naming rights claims (title sponsorship, kit sponsorship, and product sponsorship) and permanent stadium signs, fixed panels, rotating panels, and video screens. One of the main factors that is fuelling the growth of this segment is the growing number of new sports leagues and the success of existing leagues fuelling the advertising investment from sponsors. Hence, such factors are expected to fuel the growth of this segment which, in turn, will drive the market growth during the forecast period.
North America accounts for 30% of the growth of the global market during the forecast period.
View the FREE Sample Report for insights into the contribution of all the segments and regional opportunities in the report.
Key Companies in the Sports Sponsorship Market:
Adidas AG, Anheuser Busch InBev SA NV, Electronic Arts Inc., Etihad Airways PJSC, Hero MotoCorp Ltd., HX Entertainment Ltd., Hyundai Motor Co., MACRON SPA, Nike Inc., PUMA SE, Qatar Airways Group Q.C.S.C., Red Bull GmbH, Renault SAS, Rolex SA, Samsung Electronics Co. Ltd., Super Group SGHC Ltd., and The Coca Cola Co
FAQS
How do the major trends impact the market?
How big is the North America market?
How do the key drivers and challenges impact the market?
Related Reports:
Thedigital video advertising marketsize is estimated to grow at a CAGR of 37.19% between 2022 and 2027. The market size is forecast to increase by USD 249.42 billion. This digital video ad market report extensively covers market segmentation by end-user (retail, consumer goods, and electronics, media, and entertainment, automotive, and others), type (desktop and mobile), and geography (North America, APAC, Europe, South America, and Middle East and Africa). Growing in-app advertising is the key factor driving the growth of the global digital video Ad market.
Theinfluencer marketing platform marketsize is estimated to grow at a CAGR of 30.9% between 2022 and 2027. The market size is forecast to increase by USD 37.38 billion. This influencer marketing platform market report extensively covers market segmentation by application (fashion and lifestyle, food and entertainment, travel and holiday, sports and fitness, and others), business segment (large enterprise, small, and medium enterprise), and geography (North America, Europe, APAC, Middle East and Africa, and South America). Providing a huge list of influencers with their statistics is the key factor driving the growth of the global influencer marketing platform market.
ToC:
Executive Summary
Market Landscape
Market Sizing
Historic Market Sizes
Five Forces Analysis
Market Segmentation by Type
Market Segmentation by Application
Market Segmentation by Geography
Customer Landscape
Geographic Landscape
Drivers, Challenges, & Trends
Company Landscape
Company Analysis
Appendix
About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
