Market Newsdesk

Wells Fargo Bank Increases Prime Rate to 8.50 Percent

SAN FRANCISCO–(BUSINESS WIRE)–
Wells Fargo Bank, N.A., said today it is increasing its prime rate to 8.50 percent from 8.25 percent, effective tomorrow, July 27, 2023.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230726984197/en/

About Wells Fargo

Wells Fargo & Company (NYSE: WFC) is a leading financial services company that has approximately $1.9 trillion in assets, proudly serves one in three U.S. households and more than 10% of small businesses in the U.S., and is a leading middle market banking provider in the U.S. We provide a diversified set of banking, investment and mortgage products and services, as well as consumer and commercial finance, through our four reportable operating segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth & Investment Management. Wells Fargo ranked No. 47 on Fortune’s 2023 rankings of America’s largest corporations. In the communities we serve, the company focuses its social impact on building a sustainable, inclusive future for all by supporting housing affordability, small business growth, financial health, and a low-carbon economy. News, insights, and perspectives from Wells Fargo are also available at Wells Fargo Stories.

Additional information may be found at www.wellsfargo.com | Twitter: @WellsFargo.

News Release Category: WF-CF

View source version on businesswire.com: https://www.businesswire.com/news/home/20230726984197/en/

Media

Beth Richek, 704-374-2545

[email protected]

Investor Relations

John Campbell, 415-396-0523

[email protected]

KEYWORDS: California United States North America

INDUSTRY KEYWORDS: Banking Professional Services Finance

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Wells Fargo (Photo: Wells Fargo)

Regions Bank Increases its Prime Lending Rate

BIRMINGHAM, Ala.–(BUSINESS WIRE)–Regions Bank today announced it is increasing the Regions prime lending rate to 8.50% from 8.25%, effective Thursday, July 27, 2023.

About Regions Financial Corporation

Regions Financial Corporation (NYSE:RF), with $156 billion in assets, is a member of the S&P 500 Index and is one of the nation’s largest full-service providers of consumer and commercial banking, wealth management, and mortgage products and services. Regions serves customers across the South, Midwest and Texas, and through its subsidiary, Regions Bank, operates more than 1,250 banking offices and more than 2,000 ATMs. Regions Bank is an Equal Housing Lender and Member FDIC. Additional information about Regions and its full line of products and services can be found at www.regions.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230726965752/en/

Jeremy D. King

Regions Bank

(205) 264-4551

Regions News Online: regions.doingmoretoday.com

Regions News on Twitter: @RegionsNews

KEYWORDS: Alabama United States North America

INDUSTRY KEYWORDS: Banking Personal Finance Professional Services Finance

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Cintas Again Recognized Among “Best Places to Work for Disability Inclusion”

The company is once again highlighted on the Disability Equality Index’s annual survey.

CINCINNATI–(BUSINESS WIRE)–Cintas Corporation (Nasdaq: CTAS) has again been recognized among the “Best Places to Work for Disability Inclusion” after receiving a qualifying score on the 2023 Disability Equality Index^®, the leading non-profit resource for business disability inclusion worldwide.

Cintas’ recognition as a “Top Scorer” as a 90 Score company on the DEI^® demonstrates the company’s ongoing commitment to building and developing a widely diverse workforce that represents its communities across North America. Cintas has earned a “Best Places to Work for Disability Inclusion” designation in each of the four years it has participated in DEI’s evaluation process.

“Diversity, equity and inclusion has been embedded in our company since its founding and we pride ourselves on developing a workforce that reflects the diverse communities in which our employee-partners live and serve,” said Max Langenkamp, Cintas Senior Vice President of Human Resources and Chief Diversity Officer. “When our employee-partners of different backgrounds and experiences come together, the resulting collaboration results in greater innovation, critical thinking and problem solving – which only betters our business.”

The 2023 DEI evaluated and measured participating companies in the following categories to determine this year’s “Best Places to Work for Disability Inclusion”: Culture & Leadership, Enterprise-Wide Access, Employment Practices, Community Engagement, Supplier Diversity and (if applicable) Non-U.S. Operations.

Cintas Corporation

Cintas Corporation helps more than one million businesses of all types and sizes get Ready™ to open their doors with confidence every day by providing products and services that help keep their customers’ facilities and employees clean, safe, and looking their best. With offerings including uniforms, mats, mops, towels, restroom supplies, workplace water services, first aid and safety products, eye-wash stations, safety training, fire extinguishers, sprinkler systems and alarm service, Cintas helps customers get Ready for the Workday^®. Headquartered in Cincinnati, Cintas is a publicly held Fortune 500 company traded over the Nasdaq Global Select Market under the symbol CTAS and is a component of both the Standard & Poor’s 500 Index and Nasdaq-100 Index.

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Lizz Summers, Director of Corporate Affairs, [email protected], (513) 972-2859

KEYWORDS: United States North America Canada Ohio

INDUSTRY KEYWORDS: Professional Services Office Products People with Disabilities Consumer Construction & Property DEI (Diversity, Equity and Inclusion) Textiles Retail Other Professional Services Human Resources Building Systems Manufacturing

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L3Harris Releases Second Quarter 2023 Results

MELBOURNE, Fla.–(BUSINESS WIRE)–
L3Harris Technologies (NYSE:LHX) announced its second quarter fiscal year 2023 results in an Investor Letter posted to the Investor Relations section of the company’s website.

Christopher E. Kubasik, Chair and CEO, and Michelle Turner, Chief Financial Officer, will host an approximately 45-minute call on July 27, 2023, 8 a.m. ET, focused on questions and answers. To access the teleconference, participants in the U.S. may call 877-407-6184, while international participants may call +1 201-389-0877. All callers will be directed to an operator. Please connect to the teleconference at least 10 minutes before the scheduled start time. Participants can also listen via webcast at L3Harris.com.

A recording of the call will be available on L3Harris.com on July 27, 2023, at approximately 12 p.m. ET.

About L3Harris Technologies

L3Harris Technologies is the Trusted Disruptor for the global aerospace and defense industry. With customers’ mission-critical needs always in mind, our 46,000 employees deliver end-to-end technology solutions connecting the space, air, land, sea and cyber domains.

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Mark Kratz

Investor Relations

[email protected]

321-724-3170

Sara Banda

Media Relations

[email protected]

321-306-8927

KEYWORDS: Florida United States North America

INDUSTRY KEYWORDS: Aerospace Government Technology Manufacturing Satellite Defense Other Technology Telecommunications Other Defense Software Artificial Intelligence Hardware Electronic Design Automation Data Management Technology Mobile/Wireless Other Manufacturing Military Engineering

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The Real Brokerage to Host Second Quarter 2023 Earnings Conference Call

TORONTO & NEW YORK–(BUSINESS WIRE)–
The Real Brokerage Inc. (TSX: REAX) (NASDAQ: REAX), the fastest growing publicly traded real estate brokerage, today announced that it will release its second quarter 2023 financial results before market open on Wednesday, August 9, 2023.

The Company will subsequently hold a conference call to discuss operating and financial results for the quarter on Wednesday, August 9, 2023 at 11:00 a.m. ET.

Conference Call Details:

Date:		Wednesday, August 9, 2023
Time:		11:00 a.m. ET
Dial-in Number:		North American Toll Free: 877-545-0523
		International: 973-528-0016
Access Code:		774191
Webcast:		https://www.webcaster4.com/Webcast/Page/2699/48756
Replay Number:		North American Toll Free: 877-481-4010
		International: 919-882-2331
Passcode:		48756
Replay Link:		https://www.webcaster4.com/Webcast/Page/2699/48756

Forward-Looking Information

This press release contains forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking information is often, but not always, identified by the use of words such as “seek”, “anticipate”, “believe”, “plan”, “estimate”, “expect”, “likely” and “intend” and statements that an event or result “may”, “will”, “should”, “could” or “might” occur or be achieved and other similar expressions. These statements reflect management’s current beliefs and are based on information currently available to management as at the date hereof. Forward-looking information in this press release includes, without limiting the foregoing, information relating to Real’s second quarter 2023 earnings call, the release of the financial results and the business and strategic plans of Real.

Forward-looking information is based on assumptions that may prove to be incorrect, including but not limited to Real’s business objectives, expected growth, results of operations, performance, business projects and opportunities and financial results. Real considers these assumptions to be reasonable in the circumstances. However, forward-looking information is subject to known and unknown risks, uncertainties and other factors that could cause actual results, performance or achievements to differ materially from those expressed or implied in the forward-looking information. These factors should be carefully considered and readers should not place undue reliance on the forward-looking statements. Although the forward-looking statements contained in this press release are based upon what management believes to be reasonable assumptions, Real cannot assure readers that actual results will be consistent with these forward-looking statements. These forward-looking statements are made as of the date of this press release, and Real assumes no obligation to update or revise them to reflect new events or circumstances, except as required by law.

About Real

The Real Brokerage Inc. is revolutionizing the residential real estate industry by pairing best-in-class technology with the trusted guidance of the agent-led experience. Real delivers a cloud-based platform to improve efficiencies and empower agents to provide a seamless end-to-end experience for home buyers and sellers. The company was founded in 2014 and serves 47 states, D.C., and four Canadian provinces with over 11,000 agents. Additional information can be found on its website at www.onereal.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230726054194/en/

For additional information:

Jason Lee

Vice President, Capital Markets & Investor Relations

[email protected]

908.280.2515

For media inquiries, please contact:

Elisabeth Warrick

Director, Communications

[email protected]

201.564.4221

KEYWORDS: New York United States North America Canada

INDUSTRY KEYWORDS: Commercial Building & Real Estate Technology Construction & Property Finance Banking Professional Services Software Networks Data Analytics Other Construction & Property

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Rigel Resource Acquisition Corp. Announces Non-Binding Letter of Intent to Acquire Metals Company

NEW YORK–(BUSINESS WIRE)–
Rigel Resource Acquisition Corp. (NYSE: RRAC) (the “Company”) today announced that it signed a non-binding letter of intent for a business combination with a company in the global metals sector (“Target”) on March 23, 2023. However, no assurances can be made that the Company and Target will successfully negotiate and enter into a definitive agreement regarding a business combination. Any transaction would be subject to board and equity holder approval of both the Company and Target, regulatory approvals and other customary closing conditions.

About Rigel Resource Acquisition Corp.

Rigel Resource Acquisition Corp is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. Rigel Resource Acquisition Corp aims to identify and transact with a prospective target business in the global metals sector.

Additional Information and Where to Find It

The Company urges investors, shareholders and other interested persons to read the definitive proxy statement (the “Definitive Proxy Statement”) in connection with an extraordinary general meeting of shareholders of the Company to be held at 11:00 a.m., Eastern Time, on August 7, 2023 for the purpose of, among other things, extending the time by which it has to consummate an initial business combination from August 9, 2023 to August 9, 2024 (the “Extension”), as well as other documents filed by the Company with the U.S. Securities and Exchange Commission (the “SEC”), because these documents contain important information about the Company and the Extension. The Definitive Proxy Statement was mailed to shareholders of the Company as of a record date of July 10, 2023, on or about July 19, 2023. Shareholders may obtain copies of the Definitive Proxy Statement, without charge, at the SEC’s website at www.sec.gov or by directing a request to: Rigel Resource Acquisition Corp, 7 Bryant Park, 1045 Avenue of the Americas, Floor 25, New York, NY 10018.

Participants in the Solicitation

The Company and its directors and officers may be deemed to be participants in the solicitation of proxies of the Company’s shareholders in connection with the proposals described in the Definitive Proxy Statement. Investors and security holders may obtain more detailed information regarding the names, affiliations and interests of the Company’s directors and officers in the Definitive Proxy Statement, which may be obtained free of charge from the sources indicated above.

Forward Looking Statements

This press release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are statements that are not historical facts. Such forward-looking statements are subject to risks and uncertainties, which could cause actual results to differ from the forward-looking statements. These forward-looking statements and factors that may cause such differences include, without limitation, uncertainties relating to our ability to obtain approval for the Extension, our ability to complete an initial business combination, and other risks and uncertainties indicated from time to time in filings with the SEC, including “Risk Factors” in the Definitive Proxy Statement and in other reports we file with the SEC. The Company expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company’s expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230726301814/en/

Jon Lamb

[email protected]

KEYWORDS: New York United States North America

INDUSTRY KEYWORDS: Finance Banking Natural Resources Professional Services Mining/Minerals

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