Posts

Posted on

Ki Corporation and Public Storage Withdraw Offer to Acquire Abacus Storage King

Ki Corporation and Public Storage Withdraw Offer to Acquire Abacus Storage King

GLENDALE, Calif.–(BUSINESS WIRE)–
Ki Corporation and Public Storage (NYSE:PSA) (together, the “Consortium”) announced today the withdrawal of their non-binding indicative offer to acquire Abacus Storage King (ASX:ASK) following a comprehensive due diligence period.

“We appreciate Abacus Storage King’s partnership through the due diligence processes,” said Joe Russell, Public Storage’s Chief Executive Officer. “Following extensive review, we were unable to match their Independent Board Committee’s value assessment. This decision reflects our financial discipline and confidence in the wide array of opportunities available to continue enhancing our portfolio. Our opportunity set is expanding and, with more than $785 million acquired or under contract as of mid-year, we are executing prudently with accelerating scale to deliver growth and value creation to our shareholders.”

About Public Storage

Public Storage, a member of the S&P 500, is a REIT that primarily acquires, develops, owns, and operates self-storage facilities. At June 30, 2025, we: (i) owned and/or operated 3,432 self-storage facilities located in 40 states with approximately 250 million net rentable square feet in the United States and (ii) owned a 35% common equity interest in Shurgard Self Storage Limited (Euronext Brussels:SHUR), which owned 321 self-storage facilities located in seven Western European nations with approximately 18 million net rentable square feet operated under the Shurgard® brand. Our headquarters are located in Glendale, California.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements in this press release, other than statements of historical fact, are forward-looking statements which may be identified by the use of the words “expects,” “believes,” “intends,” “anticipates,” “should,” “would,” “opportunity,” “proposed,” “potential,” “estimates” and similar expressions. These forward-looking statements involve known and unknown risks and uncertainties, which may cause actual events to be materially different from those expressed or implied in the forward-looking statements. Risks and uncertainties that may impact future results and performance include, but are not limited to, those described in Part 1, Item 1A, “Risk Factors” in Public Storage’s most recent Annual Report on Form 10-K filed with the Securities and Exchange Commission (the “SEC”) on February 24, 2025 and in its other filings with the SEC. These forward-looking statements speak only as of the date of this press release or as of the dates indicated in the statements.

Ryan Burke

(818) 244-8080, Ext. 1141

KEYWORDS: United States North America California

INDUSTRY KEYWORDS: Commercial Building & Real Estate Construction & Property REIT

MEDIA:

Posted on

Centrus Signs Agreement with KHNP and POSCO International for Potential Investment in American Uranium Enrichment

PR Newswire

Provides Further Validation of and Market Demand for Centrus’ Technology

Provides a Framework for Future Private Investments to Support Enrichment Expansion


BETHESDA, Md.
, Aug. 25, 2025 /PRNewswire/ — Centrus Energy (NYSE American: LEU) today signed a Memorandum of Understanding (MOU) with Korea Hydro & Nuclear Power (KHNP) and POSCO International to explore potential investment to support expansion of Centrus’ uranium enrichment plant in Piketon, Ohio.  U.S. Secretary of Commerce Howard Lutnick and Korea’s Minister of Trade, Industry and Energy Kim Jung-kwan attended the signing of the agreement, which is aimed at deepening U.S.-Korea cooperation on civilian nuclear energy.  Centrus and KHNP also agreed to an increase in the supply volume of enriched uranium under the contract they signed in February 2025.

“We are proud to be strengthening our relationship with our partners in Korea in support of our work to restore America’s ability to enrich uranium at a large scale,” said Centrus President and CEO Amir Vexler.  “This agreement reflects strong demand for a U.S.-owned uranium enrichment capability and another potential avenue for private investment capital to bring added supply diversity and competition to the marketplace – and meet Korea’s need for affordable, reliable fuel supplies for both new and existing reactors.”

Centrus and KHNP finalized a supply contract in February 2025 to support construction of new uranium enrichment capacity at Centrus’ American Centrifuge Plant in Ohio.  The two companies today agreed to a higher supply volume of Low-Enriched Uranium (LEU) under that contract.  The entire supply commitment, including the expanded volumes, is contingent upon Centrus receiving the necessary federal funding to build the new LEU production capacity. 

Centrus is competing for funding from the U.S. Department of Energy to expand U.S. enrichment capacity.  This federal investment is crucial to achieving economies of scale and enabling a U.S.-owned enrichment capacity to compete against foreign, state-owned enterprises that currently have almost 100% of the world’s uranium enrichment capacity.  Centrus is committed to matching federal funds with substantial private capital and utility purchase commitments as part of a public-private partnership.

Today’s MOU, which is non-binding, is aimed at facilitating additional private sector capital to support the potential expansion of Centrus’ enrichment capacity in Ohio.  The agreement also calls for the companies to explore additional opportunities for cooperation, such as additional supply agreements for LEU as well as High-Assay, Low-Enriched Uranium (HALEU) for next generation reactors. 

Korea represents one of the largest potential export markets for U.S. enriched uranium and is leading the development and construction of new reactors around the world.  With 26 nuclear reactors in operation and four under construction, KHNP is the world’s third largest nuclear plant operator.  POSCO International, a global leader in international trading and energy infrastructure development, is working to develop a next-generation High-Temperature Gas Reactor powered by HALEU. 

About Centrus

Centrus Energy is a trusted American supplier of nuclear fuel and services for the nuclear power industry, helping meet the growing need for clean, affordable, carbon-free energy.  Since 1998, the Company has provided its utility customers with more than 1,850 reactor years of fuel, which is equivalent to more than 7 billion tons of coal. 

With world-class technical and engineering capabilities, Centrus is pioneering production of High-Assay, Low-Enriched Uranium and is leading the effort to restore America’s uranium enrichment capabilities at scale so that we can meet our clean energy, energy security, and national security needs.  Find out more at www.centrusenergy.com.

Forward-Looking Statements

This news release contains “forward-looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. In this context, forward-looking statements mean statements related to future events, which may impact our expected future business and financial performance, and often contain words such as “expects”, “anticipates”, “intends”, “plans”, “believes”, “will”, “should”, “could”, “would” or “may” and other words of similar meaning. These forward-looking statements are based on information available to us as of the date of this news release and represent management’s current views and assumptions with respect to future events and operational, economic and financial performance. Forward-looking statements are not guarantees of future performance, events or results and involve known and unknown risks, uncertainties and other factors, which may be beyond our control.

For Centrus Energy Corp., particular factors that involve uncertainty and could cause our actual future results to differ materially from those expressed in our forward-looking statements and which are, and may be, exacerbated by any worsening of the global business and economic environment include but are not limited to the following: geopolitical conflicts, including the war in Ukraine; market demand and competition; changes in economic or industry conditions; supply chain disruptions; the imposition of tariffs and/or sanctions that impact our ability to obtain, deliver, transport, or sell LEU or the SWU and natural uranium hexafluoride components of LEU delivered to us under the TENEX Supply Contract or other supply contracts or make related payments or deliveries of natural uranium hexafluoride to TENEX; regulatory approvals and compliance requirements; technological changes; DOE procurement decisions; U.S. government appropriations; government decisions regarding, our lease with the DOE in Piketon, Ohio, including with respect to the term and the scope of permitted activities; our ability to attract qualified employees necessary for the potential expansion of our operations in Oak Ridge, Tennessee or Piketon, Ohio; and our ability to execute our strategic initiatives.

Readers are cautioned not to place undue reliance on these forward-looking statements, which apply only as of the date of this news release. These factors may not constitute all factors that could cause actual results to differ from those discussed in any forward-looking statement. Accordingly, forward-looking statements should not be relied upon as a predictor of actual results. Readers are urged to carefully review and consider the various disclosures made in this news release and in our filings with the SEC, including our most recent Annual Report on Form 10-K, under Part II, Item 1A – “Risk Factors” in our subsequent Quarterly Reports on Form 10-Q, and in our other filings with the SEC that attempt to advise interested parties of the risks and factors that may affect our business. We do not undertake to update our forward-looking statements to reflect events or circumstances that may arise after the date of this news release, except as required by law.

Contacts:

Media: Dan Leistikow at [email protected]
Investors: Neal Nagarajan at [email protected]   

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/centrus-signs-agreement-with-khnp-and-posco-international-for-potential-investment-in-american-uranium-enrichment-302538122.html

SOURCE Centrus Energy Corp.

Posted on

Wesco Announces the Appointment of Daniel Castillo to Executive Vice President and General Manager of Electrical and Electronic Solutions

PR Newswire


PITTSBURGH
, Aug. 25, 2025 /PRNewswire/ — Wesco International (NYSE: WCC), a leading provider of business-to-business distribution, logistics services and supply chain solutions, announced today that effective September 1, 2025, Daniel “Danny” Castillo will assume leadership of its Electrical and Electronic Solutions (EES) strategic business unit. Mr. Castillo succeeds Nelson Squires who will be retiring on September 30.

Mr. Castillo was formerly executive vice president and president, North America for Brinks, Inc., where he led their secure solutions business in the United States, Canada and Mexico. Prior to that, he served as the executive vice president and president, North America at JELD-WEN, Inc., one of the world’s largest building products manufacturers. He also served as president of Cree Lighting, held business leadership positions at Eaton and Cooper Industries, and started his career with General Electric. Mr. Castillo holds an M.B.A. from Columbia University’s Business School and a B.S. in electrical engineering from Florida International University.

“Danny is joining Wesco and assuming leadership of our EES business at an opportune time. As we recently reported, EES sales increased 6% year-over-year in the second quarter led by strong performance in OEM and Construction, along with a return to growth in Industrial. Our improving business momentum in EES is being driven by increased sales tied to data center and infrastructure projects across the U.S. and Canada. EES is beginning to see benefits from the secular growth trends of electrification, AI-driven data centers, automation and IoT, and reshoring to North America,” said Chairman, President and CEO John Engel.

Mr. Engel continued, “Danny is a terrific addition to our Wesco management team. His successful track record of driving profitable growth will enable our EES business to build on our current positive momentum and deliver industry-leading results.”

Mr. Engel concluded, “I’d like to thank Nelson for his numerous contributions to Wesco over the past ten years and wish him well in his retirement.”

About Wesco
Wesco International (NYSE: WCC) builds, connects, powers and protects the world. Headquartered in Pittsburgh, Pennsylvania, Wesco is a FORTUNE 500® company with approximately $22 billion in annual sales in 2024 and a leading provider of business-to-business distribution, logistics services and supply chain solutions. Wesco offers a best-in-class product and services portfolio of Electrical and Electronic Solutions, Communications and Security Solutions, and Utility and Broadband Solutions. The Company employs approximately 20,000 people, partners with the industry’s premier suppliers, and serves thousands of customers around the world. With millions of products, end-to-end supply chain services, and leading digital capabilities, Wesco provides innovative solutions to meet customer needs across commercial and industrial businesses, contractors, educational institutions, government agencies, technology companies, telecommunications providers, and utilities. Wesco operates more than 700 sites, including distribution centers, fulfillment centers, and sales offices in approximately 50 countries, providing a local presence for customers and a global network to serve multi-location businesses and global corporations.


Contact Information:

Scott Gaffner

Senior Vice President, Investor Relations
[email protected] 

Jennifer Sniderman
Vice President, Corporate Communications
[email protected] 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/wesco-announces-the-appointment-of-daniel-castillo-to-executive-vice-president-and-general-manager-of-electrical-and-electronic-solutions-302537826.html

SOURCE Wesco International

Posted on

CORRECTING and REPLACING Two in Five American Workers are Delaying or Canceling a Major Purchase Like a Home or Car Due to Feelings About Job Security

CORRECTING and REPLACING Two in Five American Workers are Delaying or Canceling a Major Purchase Like a Home or Car Due to Feelings About Job Security

Two-thirds (66%) of workers are confident about their job security, while 31% are concerned

SEATTLE–(BUSINESS WIRE)–
Please replace the release dated Aug. 21, 2025 with the following corrected version due to multiple revisions, and replace the graphic with the accompanying corrected graphic.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250821368469/en/

44% of U.S. workers are canceling or delaying a major purchase due to job security

44% of U.S. workers are canceling or delaying a major purchase due to job security

The updated release reads:

TWO IN FIVE AMERICAN WORKERS ARE DELAYING OR CANCELING A MAJOR PURCHASE LIKE A HOME OR CAR DUE TO FEELINGS ABOUT JOB SECURITY

Two-thirds (66%) of workers are confident about their job security, while 31% are concerned

More than two in five (42%) American workers are delaying or canceling a major purchase like a home or car due to their feelings about job security. An additional 29% have either already made a major purchase sooner than expected, or plan to, according to a new report from Redfin, the real estate brokerage powered by Rocket.

This is based on a Redfin-commissioned survey conducted by Ipsos between August 7-8 and 13-14, 2025. The nationally representative survey was fielded to 1,142 employed U.S. residents, including 959 full-time workers and 183 part-time workers.

More than half (53%) of workers from households earning less than $50,000 are either delaying or canceling major purchase plans due to their feelings about job security. That’s in comparison to 46% of workers from households earning $50,000-$100,000 and 34% from households earning $100,000+.

Almost half (49%) of working renters are delaying a major purchase—which is nearly twice the share of working homeowners (27%).

Roughly a third (32%) of respondents said their feelings about job security had made no impact on their timeline for any major purchase decisions.

Two thirds of American workers are confident about their job security

Two thirds (66%) of workers say they are either somewhat confident or very confident about their job security—in line with 2024 Pew Research findings.

In comparison, 31% say they are either somewhat concerned or very concerned about their job security.

Redfin Head of Economics Research Chen Zhao said even though unemployment came in at 4.2% in July—a relatively low level historically—workers are perceiving the labor market differently.

“Many workers are worried about job security as they watch their companies adjust to this uncertain economy and increasingly look to AI and other new technologies for efficiency gains,” she said. “From a housing perspective, that wariness is keeping some would-be homebuyers on the sidelines. On the flipside, those who feel confident in their finances are facing less competition and have more negotiating power. Sellers should recognize that buyers are cautious, so pricing a home competitively and offering flexibility will be critical to closing a deal.”

Nearly two in five workers more concerned about job security now than 6 months ago

Highlighting the uncertain economy, 37% of workers are more concerned about their job security today, compared to six months ago. In comparison, 20% are more confident about their job security today.

Even among the workers who indicated they are confident about their job security, 19% said they were more concerned now than six months ago, while 30% said they felt more confident.

Of the workers who indicated they are concerned about their job security, 77% said they were more concerned now than they were six months ago, while only 6% felt more confident.

Company performance, tariffs and AI among top reasons for job insecurity

Nearly a third (32%) of workers who are concerned about their job security cited their company’s performance as the primary reason.

The next most-cited reason for job security concerns was tariffs (17%), followed by the impact of AI (16%).

36% of American workers do not have an emergency fund to cover housing payments

More than a third (36%) of American workers do not have an emergency fund to cover their monthly mortgage or rent payments in the event they face a financial crisis, like losing a job. More than half (55%) of respondents said they do have an emergency fund.

Households earning more than $100,000 a year (68%) and homeowners (65%) were more likely to have an emergency fund. Households earning less than $50,000 (37%), renters (40%) and those aged 18-34 (44%) were less likely to have a back-up fund.

Of note, workers who are concerned about their job security (56%) are no more likely to have an emergency savings fund than workers who are confident about their job security (57%).

Of those workers who do have an emergency fund, 32% have 0-3 months of housing payments, 23% have 4-6 months, 17% have 7-12 months covered and 20% have more than 12 months covered.

Financial experts typically recommend Americans have an emergency savings account that covers roughly 3-6 months of expenses in case they unexpectedly lose their job.

Younger people are less likely to have a large emergency fund, with only 9% of those aged 18-34 having more than 12 months of housing payments saved up. In comparison, 38% of those aged 55+ have enough savings to cover at least 12 months of payments.

To view the full report, including data tables with response breakdowns, please visit: https://www.redfin.com/news/survey-job-security-2025

Correction: An earlier version of Redfin’s report incorrectly stated the combined results for respondents’ timelines for making a major purchase. The corrected result shows that 42% of American workers are delaying or canceling a major purchase like a home or car due to their feelings about job security—not 44%, as previously published. Minor revisions have been made to other combined percentages, related to the same question.

About Redfin

Redfin is a technology-driven real estate company with the country’s most-visited real estate brokerage website. As part of Rocket Companies (NYSE: RKT), Redfin is creating an integrated homeownership platform from search to close to make the dream of homeownership more affordable and accessible for everyone. Redfin’s clients can see homes first with on-demand tours, easily apply for a home loan with Rocket Mortgage, and save thousands in fees while working with a top local agent.

You can find more information about Redfin and get the latest housing market data and research at Redfin.com/news. For more information about Rocket Companies, visit RocketCompanies.com.

Contact Redfin

Redfin Journalist Services:

Angela Cherry

[email protected]

KEYWORDS: United States North America Washington

INDUSTRY KEYWORDS: Technology Construction & Property Finance Other Technology Professional Services Data Analytics Data Management Other Construction & Property Residential Building & Real Estate Other Professional Services

MEDIA:

Photo
Photo
44% of U.S. workers are canceling or delaying a major purchase due to job security
Logo
Logo
Posted on

Korean Air Commits to Record Purchase of 103 Boeing Jets to Modernize Fleet

– South Korea’s flag carrier intends to buy 777-9s, 787-10s, 737-10s and 777-8 Freighters to optimize fuel-efficiency across global network

– Commitment will be the largest for the airline, adding to its March 2025 order for 40 Boeing widebody jets

PR Newswire


WASHINGTON
, Aug. 25, 2025 /PRNewswire/ — Boeing [NYSE:BA] and Korean Air announced today the airline’s intent to purchase 103 of Boeing’s fuel-efficient family of airplanes to modernize its fleet and support the carrier’s growth as it fully integrates operations with Asiana Airlines over the next several years.

Korean Air’s commitment will be the airline’s largest-ever order and Boeing’s largest widebody order from an Asian carrier. When finalized, the deal will mark Korean Air’s first order for the 777-8F and will support an estimated 135,000 jobs across the United States. The order will be posted to Boeing’s Orders & Deliveries website once it is completed and includes:

  • 20 777-9s
  • 25 787-10s
  • 50 737-10s
  • 8 777-8 Freighters

“This agreement with our long-standing partners, Boeing and GE, marks a pivotal moment for Korean Air,” said Walter Cho, chairman and CEO of Korean Air. “Acquiring these next-generation aircraft is the core of our fleet modernization strategy, delivering significant gains in fuel efficiency and enhancing the passenger experience across our global network. This investment is also a critical enabler for our future as a merged airline with Asiana, to ensure that our combined carrier is one of the most competitive airlines in the industry.”

Today’s agreement was signed during the Korea-U.S. Business Roundtable “Partnership for a Manufacturing Renaissance,” and presided over by Howard Lutnick, U.S. Secretary of Commerce and Kim Jung-kwan, South Korea’s Minister of Trade, Industry and Energy (MOTIE).

Korean Air’s orders and commitments for Boeing airplanes in 2025 surpasses 150 units, following the airline’s incremental order in March for 20 777-9s and 20 787-10s.

“We are honored to strengthen our partnership with Korean Air through this landmark agreement, which reflects the value and capabilities of Boeing’s market-leading airplane family,” said Stephanie Pope, president and CEO of Boeing Commercial Airplanes. “As Korean Air transitions to a larger unified carrier, we are committed to supporting the airline’s growth with one of the world’s most efficient fleets.”

Key facts:

  • The 777-9 can seat 426 passengers in a two-class configuration with a range of 13,510 km (7,295 nautical miles) and will reduce fuel use and emissions by 20% compared to the airplanes it will replace.
  • The 787-10 can carry up to 336 passengers with a range of 11,730 km (6,330 nautical miles).
  • The 737-10, the largest model in the 737 MAX family, can carry as many as 230 passengers with a range of up to 5,740 km (3,100 nautical miles), while reducing fuel use and emissions by 20% compared to the airplanes it replaces. The airplane’s efficiency and flexibility will enable Korean Air to serve more passengers on more routes with the lowest cost per seat of any single-aisle airplane.
  • The 777-8 Freighter will be the world’s largest and most capable twin-engine freighter, offering the highest payload and lowest operating cost per tonne of any large freighter and 30% better fuel efficiency and emissions than the airplanes it will replace.

Korean Air currently operates 108 Boeing airplanes including 737s, 747s, 777s and 787s. With 72 Boeing jets on order; the carrier’s order book will grow to 175 airplanes once the deal is finalized. 

Korean Air’s Aerospace Division supplies components for the 787 Dreamliner, including its unique raked wingtip, and produces parts for Boeing’s 737 MAX, 767 and 777 family of airplanes.

A leading global aerospace company and top U.S. exporter, Boeing develops, manufactures and services commercial airplanes, defense products and space systems for customers in more than 150 countries. Our U.S. and global workforce and supplier base drive innovation, economic opportunity, sustainability and community impact. Boeing is committed to fostering a culture based on our core values of safety, quality and integrity.  

Contact

Boeing Media Relations
[email protected]

Korean Air Global Communications
[email protected]

Cision View original content:https://www.prnewswire.com/news-releases/korean-air-commits-to-record-purchase-of-103-boeing-jets-to-modernize-fleet-302538112.html

SOURCE Boeing

Posted on

The Arena Group to Participate in the Lake Street 2025 BIG9 Conference

The Arena Group to Participate in the Lake Street 2025 BIG9 Conference

NEW YORK–(BUSINESS WIRE)–
The Arena Group Holdings, Inc. (NYSE American: AREN) (“The Arena Group”), a technology platform and media company home to many of the nation’s most recognizable media brands, including TheStreet, Parade, Men’s Journal, Athlon Sports, Surfer, Powder, Bike, Snowboarder andmoretoday announced its participation in the Lake Street Capital Markets Best Ideas Growth (BIG9) Conference taking place in New York City on September 11, 2025.

The Chief Executive Officer and Principal Financial Officer of The Arena Group will be available for one-on-one meetings with attending investors throughout the day. To request a meeting, investors are encouraged to contact their Lake Street representative or The Arena Group’s investor relations team at [email protected].

About The Arena Group

The Arena Group (NYSE American: AREN) is an innovative technology platform and media company with a proven cutting-edge playbook that transforms media brands. Our unified technology platform empowers creators and publishers with tools to publish and monetize their content, while also leveraging quality journalism of anchor brands like TheStreet, Parade, Men’s Journal, Athlon Sports, Surfer, Powder, Bike, Snowboarder and more. The company aggregates content across a diverse portfolio of brands, reaching over 100 million users monthly. Visit us at thearenagroup.net and discover how we are revolutionizing the world of digital media.

Sources: The Arena Group Holdings, Inc.

The Arena Group Contact:

Morgan Fitzgerald

[email protected]

The Arena Group Investor Contact:

Rob Fink

FNK IR

646-809-4048

[email protected]

KEYWORDS: United States North America New York

INDUSTRY KEYWORDS: Content Marketing Data Management Other Communications Publishing Technology Communications Other Consumer Women Men Family Telecommunications Software Digital Marketing Lifestyle Consumer Internet

MEDIA:

Logo
Logo
Posted on

BlackRock® Canada Announces Final August Cash Distributions for the iShares® Premium Money Market ETF

TORONTO, Aug. 25, 2025 (GLOBE NEWSWIRE) — BlackRock Asset Management Canada Limited (“BlackRock Canada”), an indirect, wholly-owned subsidiary of BlackRock, Inc. (NYSE: BLK), today announced the final August 2025 cash distributions for iShares Premium Money Market ETF. Unitholders of record on August 26, 2025 will receive cash distributions payable on August 29, 2025.

Details regarding the final “per unit” distribution amounts are as follows:

Fund Name Fund
Ticker 		Cash
Distribution
Per Unit
iShares Premium Money Market ETF CMR $0.107
     

Further information on the iShares ETFs can be found at http://www.blackrock.com/ca.

About BlackRock
BlackRock’s purpose is to help more and more people experience financial well-being. As a fiduciary to investors and a leading provider of financial technology, we help millions of people build savings that serve them throughout their lives by making investing easier and more affordable. For additional information on BlackRock, please visit www.blackrock.com/corporate | Twitter: @BlackRockCA

About iShares ETFs
iShares unlocks opportunity across markets to meet the evolving needs of investors. With more than twenty years of experience, a global line-up of 1600+ exchange traded funds (ETFs) and US$4.7 trillion in assets under management as of June 30, 2025, iShares continues to drive progress for the financial industry. iShares funds are powered by the expert portfolio and risk management of BlackRock.

iShares® ETFs are managed by BlackRock Canada. 

Commissions, trailing commissions, management fees and expenses all may be associated with investing in iShares ETFs.  Please read the relevant prospectus before investing. The funds are not guaranteed, their values change frequently and past performance may not be repeated.  Tax, investment and all other decisions should be made, as appropriate, only with guidance from a qualified professional.
 

Contact for Media:               

Sydney Punchard                                                                              
Email: [email protected]



Posted on

Enliven Therapeutics Announces Oral and Poster Presentations at the Society of Hematologic Oncology (SOHO) 2025 Annual Meeting

PR Newswire


BOULDER, Colo.
, Aug. 25, 2025 /PRNewswire/ — Enliven Therapeutics, Inc. (Enliven or the Company) (Nasdaq: ELVN), a clinical-stage biopharmaceutical company focused on the discovery and development of small molecule therapeutics, today announced the Company will present data from its ENABLE Phase 1a/1b clinical trial of ELVN-001 in both an oral and a poster presentation at the Society of Hematologic Oncology (SOHO) 2025 Annual Meeting, taking place September 3-6, 2025, at the George R. Brown Convention Center in Houston, Texas. This is an encore presentation of data that were previously presented at the European Hematology Association (EHA) 2025 Congress.

Details of the presentation are as follows:

Title: ENABLE: A Phase 1a/1b Study of ELVN-001, a Selective Active Site Inhibitor of BCR::ABL1, in Patients With Previously Treated Chronic Myeloid Leukemia
Presenter: Michael J. Mauro, M.D.
Poster Session Date/Time: Wednesday, September 3, 6:25 p.m. CDT
Poster Location: Hall B3, Level 3
Poster Number: CML-575
Oral Session Title: Session V: Chronic Myeloid Leukemia
Oral Session Date/Time: Thursday, September 4, 11:40 – 11:50 a.m. CDT

Following the presentation, a copy will be available on the “Program Presentations & Publications” section of the Company’s website at https://www.enliventherapeutics.com.

About Enliven Therapeutics

Enliven is a clinical-stage biopharmaceutical company focused on the discovery and development of small molecule therapeutics to help people not only live longer, but live better. Enliven aims to address existing and emerging unmet needs with a precision oncology approach that improves survival and enhances overall well-being. Enliven’s discovery process combines deep insights in clinically validated biological targets and differentiated chemistry to design potentially first-in-class or best-in-class therapies. Enliven is based in Boulder, Colorado. 

Forward-Looking Statements
This press release contains forward-looking statements (including within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and Section 27A of the Securities Act of 1933, as amended) concerning Enliven and other matters that involve substantial risks and uncertainties. These statements may discuss goals, intentions and potential of our small molecule therapeutics. Forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties and are not guarantees of future performance. Actual results could differ materially from those contained in any forward-looking statement as a result of various risks and uncertainties, including, without limitation: Enliven’s limited operating history and resources; uncertainty in our ability to advance product candidates through clinical development, obtain regulatory approvals, and successfully commercialize or license them; uncertainty of preclinical and early clinical results, which may not predict success of later clinical trials; potential delays or challenges in clinical trial enrollment, data reliability, and patient retention; potential competition from other therapies; the decision to seek collaborations and develop combination therapies; the ability to hire and retain key personnel; our ability to obtain, maintain and enforce intellectual property for our product candidates; our reliance on third parties for manufacturing, research, and partnerships; geopolitical, market, and macroeconomic conditions; the ability to secure additional capital to support Enliven’s operations and R&D; and other risks and uncertainties, including those more fully described in Enliven’s filings with the Securities and Exchange Commission (SEC), which may be found in the section titled “Risk Factors” in Enliven’s Annual and Quarterly Reports on Form 10-K and 10-Q filed with the SEC and in Enliven’s future reports to be filed with the SEC. Except as required by applicable law, Enliven undertakes no obligation to revise or update any forward-looking statement, or to make any other forward-looking statements, whether as a result of new information, future events or otherwise.

This press release contains hyperlinks to information that is not deemed to be incorporated by reference into this press release.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/enliven-therapeutics-announces-oral-and-poster-presentations-at-the-society-of-hematologic-oncology-soho-2025-annual-meeting-302538061.html

SOURCE Enliven Therapeutics, Inc.

Posted on

Levi & Korsinsky Reminds Shareholders of a Lead Plaintiff Deadline of September 30, 2025 in Lineage, Inc. Lawsuit – LINE

NEW YORK, Aug. 25, 2025 (GLOBE NEWSWIRE) — Levi & Korsinsky, LLP notifies investors in Lineage, Inc. (“Lineage, Inc.” or the “Company”) (NASDAQ: LINE) of a class action securities lawsuit.

CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Lineage, Inc. investors who were adversely affected by alleged securities fraud. This lawsuit is on behalf of all purchasers of Lineage common stock in or traceable to the registration statement used in connection with the Company’s July 26, 2024 initial public offering. Follow the link below to get more information and be contacted by a member of our team:

https://zlk.com/pslra-1/lineage-inc-lawsuit-submission-form?prid=163052&wire=3

LINE: investors may also contact Joseph E. Levi, Esq. via email at [email protected] or by telephone at (212) 363-7500.

CASE DETAILS: The filed complaint alleges that defendants made false statements and/or concealed that: (a) Lineage was then experiencing sustained weakening in customer demand, as additional cold-storage supply had come on line, the Company’s customers destocked a glut of excessive inventory built up during the COVID-19 pandemic, and the Company’s customers shifted to maintaining leaner cold-storage inventories on a go-forward basis in response to changed consumer trends; (b) Lineage had implemented price increases in the lead-up to the IPO that could not be sustained in light of the weakening demand environment facing the Company; (c) Lineage was unable to effectively counteract the adverse trends listed in (a)-(b) above through the use of minimum storage guarantees or as a result of operational efficiencies, technological improvements, or its purported competitive advantages; (d) that, as a result of (a)-(c) above, rather than enjoying stable revenue growth, high occupancy rates, and steady rent escalation as represented in the registration statement, Lineage was in fact suffering from stagnant or falling revenue, occupancy rates, and rent prices; and (e) that, as a result of (a)-(d) above, Lineage’s financial results, business operations, and prospects were materially impaired.

WHAT’S NEXT? If you suffered a loss in Lineage, Inc. during the relevant time frame, you have until September 30, 2025 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. There is no cost or obligation to participate.

WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services’ Top 50 Report as one of the top securities litigation firms in the United States.

CONTACT:

Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 17th Floor
New York, NY 10004
[email protected]
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com



Posted on

UL Solutions Opens First Commercial and Service Robot Testing Laboratory

UL Solutions Opens First Commercial and Service Robot Testing Laboratory

The laboratory, located in South Korea, will test robots for use in homes, retail shops, restaurants, schools and public spaces.

NORTHBROOK, Ill.–(BUSINESS WIRE)–UL Solutions Inc. (NYSE: ULS), a global leader in applied safety science, today announced the opening of its new robot laboratory, the company’s first commercial and service robot testing laboratory, established to deliver testing and certification services to help manufacturers pinpoint emerging hazards, particularly around human-robot interactions.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250818935684/en/

UL Solutions has opened its first commercial and service robot testing laboratory in Uiwang, South Korea. The laboratory will deliver testing and certification services to help manufacturers pinpoint emerging hazards, particularly around human-robot interactions.

UL Solutions has opened its first commercial and service robot testing laboratory in Uiwang, South Korea. The laboratory will deliver testing and certification services to help manufacturers pinpoint emerging hazards, particularly around human-robot interactions.

The new robot laboratory is located in Uiwang, 39 kilometers south of Seoul in the southern corridor of Gyeonggi Province, placing it at the heart of a vibrant robotics ecosystem. Within easy reach of several leading manufacturers, it will support the responsible adoption of innovative robotic technologies.

“The robotics industry is entering a new era of growth, one where machines deliver room service in hotels, serve as companions in the home and even assist shoppers in grocery stores,” said Yun Chung, regional managing director at UL Solutions in South Korea. “As robotics adoption accelerates, our new robot laboratory will play a critical role in identifying and addressing pressing safety concerns, enabling businesses in Korea and worldwide to harness the benefits while protecting people and property.”

The new laboratory will focus on testing for compliance with UL 3300, the Standard for Safety for Service, Communication, Information, Education and Entertainment Robots. This UL Standard is crucial for demonstrating that robots can operate safely alongside people in public and commercial environments and addresses key safety concerns, including mobility, fire and shock hazards, external manipulation and interaction with vulnerable persons. For example, it requires robots to have speed limits and object detection capabilities based on their size and mandates audible and visual indicators to signal their presence and path of movement to those around them.

Rapid advancements in robotics have given rise to a new generation of machines capable of performing diverse tasks in settings beyond traditional industrial floors, including those now being utilized in hotels and restaurants, healthcare, retail, domestic and personal assistance and delivery services. As this trend accelerates, identifying and addressing new safety concerns, especially those related to human-robot interactions, has become vital.

The opening of the new UL Solutions robot laboratory comes as the global service robotics market experiences an unprecedented boom. According to the World Robotics 2024 Service Robots report, presented by the International Federation of Robotics, sales of professional service robots increased by 30% worldwide. Nearly 80% of the robots came from the Asia-Pacific region, with 162,284 units sold. Europe followed with 33,918 units, and the Americas with 8,927 units sold. This surge is driven by multiple factors, including a growing shortage of skilled labor, the need for enhanced operational efficiency and a push for greater workplace safety. Industries such as logistics and hospitality are increasingly deploying robots to handle repetitive, hazardous or data-intensive tasks, freeing human workers to focus on more strategic and creative challenges.

Learn more about how UL Solutions advances robotics safety with testing and certification.

About UL Solutions

A global leader in applied safety science, UL Solutions transforms safety, security and sustainability challenges into opportunities for customers in more than 110 countries. UL Solutions delivers testing, inspection, and certification services, together with software products and advisory offerings, that support our customers’ product innovation and business growth. The UL Mark serves as a recognized symbol of trust in our customers’ products and reflects an unwavering commitment to advancing our safety mission. We help our customers innovate, launch new products and services, navigate global markets and complex supply chains, and grow sustainably and responsibly into the future. Our science is your advantage.

Media contacts:

Tyler Khan

UL Solutions

[email protected]

T: +1 (847) 664.2139

Steven Brewster

UL Solutions

[email protected]

T: +1 (847) 664.8425

KEYWORDS: South Korea United States North America Asia Pacific Illinois

INDUSTRY KEYWORDS: Technology Robotics Consumer Electronics

MEDIA:

Photo
Photo
UL Solutions has opened its first commercial and service robot testing laboratory in Uiwang, South Korea. The laboratory will deliver testing and certification services to help manufacturers pinpoint emerging hazards, particularly around human-robot interactions.
Logo
Logo