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Constellation Brands Updates Fiscal 2025 Outlook

Constellation Brands Updates Fiscal 2025 Outlook

Updates reported EPS guidance to $3.05 – $7.92 and raises lower-end of comparable EPS guidance to $13.60 – $13.80, affirming double-digit comparable EPS growth expectation (1) Updates Enterprise net sales growth to 4% – 6%, reported operating income decline to (68)% – (36)% including an expected Wine and Spirits goodwill impairment loss of approximately $1.5 – [...]

New Report: Average Annual Natural Catastrophe Losses for the Insurance Industry Reaches New High of $151 Billion

New Report: Average Annual Natural Catastrophe Losses for the Insurance Industry Reaches New High of $151 Billion

Verisk’s Extreme Event Solutions business cites exposure growth, impacts from climate change and climate variability and an increasing frequency of catastrophe events as contributors to steady rise in anticipated costs BOSTON, MA, Sept. 03, 2024 (Korea Bizwire) – Verisk (Nasdaq: VRSK), a leading global data analytics and technology provider, is newly reporting the average annual [...]

Shawbrook to Leverage nCino to Automate Complex Lending Processes and Optimise Client Portfolios to Achieve Faster Time to Market

Shawbrook to Leverage nCino to Automate Complex Lending Processes and Optimise Client Portfolios to Achieve Faster Time to Market

UK specialist bank to eliminate disparate systems in order to reduce risk, achieve data lineage and consistency and enhance credit risk management LONDON, Aug. 01, 2024 (Korea Bizwire) – nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking for the global financial services industry, today announced that Shawbrook has chosen nCino to help automate its loan origination processes, while [...]

Verisk Estimates Industry Insured Losses from Flooding in Southern Germany to Range from EUR 2.4 Billion to EUR 3.6 Billion (USD 2.6 Billion to USD 3.9 Billion)

Verisk Estimates Industry Insured Losses from Flooding in Southern Germany to Range from EUR 2.4 Billion to EUR 3.6 Billion (USD 2.6 Billion to USD 3.9 Billion)

A relatively high proportion of the overall losses for this event are likely to be insured, owing to the high insurance take up for the flood peril BOSTON, June 19, 2024 (Korea Bizwire) – The Extreme Event Solutions business unit of Verisk (Nasdaq: VRSK), a leading global data analytics and technology provider, estimates industry insured [...]

Music Licensing, Inc. (OTC: SONGD) Acquires Prestigious Royalty-Generating IP Stake in “Goodnight Gotham” by Rihanna

Music Licensing, Inc. (OTC: SONGD) Acquires Prestigious Royalty-Generating IP Stake in “Goodnight Gotham” by Rihanna

NAPLES, Fla., May 28, 2024 (Korea Bizwire) – Music Licensing, Inc. (OTC: SONG) (OTC: SONGD), a distinguished leader in the acquisition and management of music royalties, proudly announces the acquisition of royalty-generating intellectual property in the chart-topping track “Goodnight Gotham” by Rihanna. This strategic acquisition enhances our portfolio with high-caliber assets from one of the [...]

Music Licensing, Inc. (OTC: SONGD) Receives Third Royalty Payment from Stake in Listerine “Mouthwash” Antiseptic

Music Licensing, Inc. (OTC: SONGD) Receives Third Royalty Payment from Stake in Listerine “Mouthwash” Antiseptic

Naples, FL , May 20, 2024 (Korea Bizwire) — Music Licensing, Inc. (OTC: SONGD) proudly announces the reception of its third royalty payment stemming from its stake in the iconic Listerine “Mouthwash” antiseptic brand. This achievement marks a significant milestone in the company’s strategic investment portfolio. As a pioneering player in the Music industry, Music [...]

Matmerize, Inc. and CJ Biomaterials Partner to Utilize Innovative AI Technology to Advance Sustainable Polymer Solutions

Matmerize, Inc. and CJ Biomaterials Partner to Utilize Innovative AI Technology to Advance Sustainable Polymer Solutions

ATLANTA, April 04, 2024 (Korea Bizwire) – Matmerize, Inc., a pioneering AI-based polymer informatics company, and CJ Biomaterials, a division of South Korea-based CJ CheilJedang and a primary producer of polyhydroxyalkanoate (PHA) biopolymers, have joined forces to drive innovation in sustainable polymer solutions aimed at combating plastic pollution. In a recent collaboration with Matmerize, CJ [...]

Music Licensing, Inc. (OTC: SONG) Secures Intellectual Property Rights for Listerine “Mouthwash” Antiseptic

Music Licensing, Inc. (OTC: SONG) Secures Intellectual Property Rights for Listerine “Mouthwash” Antiseptic

NAPLES, Fla., Feb. 22, 2024 (Korea Bizwire) – Music Licensing, Inc. (OTC: SONG) is pleased to announce the successful acquisition of intellectual property rights pertaining to Listerine Antiseptic, marking a significant advancement in the company’s strategic growth initiatives. Following a rigorous and competitive bidding process, Music Licensing, Inc. emerged as the victorious bidder for this [...]

American Battery Solutions, Inc.’s ESS Division Completes Spin-Out, Establishes American Energy Storage Innovations, Inc.

American Battery Solutions, Inc.’s ESS Division Completes Spin-Out, Establishes American Energy Storage Innovations, Inc.

With an unwavering commitment to revolutionizing energy storage, AESI is poised to take center stage in the global energy transition and is set to redefine the future of energy storage technology. BOSTON and DETROIT, Sept. 11, 2023 (Korea Bizwire) – Today, just ahead of the RE+ exhibition, American Battery Solutions, Inc. (ABS) is pleased to announce the [...]

Hemp, Inc. Reports: Sessions’ Obsession about Marijuana Does Not Include Industrial Hemp and Definitely Not Kenaf

Hemp, Inc. Reports: Sessions’ Obsession about Marijuana Does Not Include Industrial Hemp and Definitely Not Kenaf

SPRING HOPE, N.C., Jan. 5 (Korea Bizwire) — Hemp, Inc. (OTC PINK:HEMP) executives respond today to the U.S. Attorney General Jeff Sessions’ decision to rescind the Cole memo that ignited a marijuana stock sell-off.  However, Sessions’ stance on cannabis does NOT include industrial hemp and it definitely does NOT include kenaf, says Bruce Perlowin, CEO [...]