Tag: business

Phoenix, AZ, July 14, 2025 (GLOBE NEWSWIRE) -- InnSuites Hospitality Trust (NYSE American: IHT) On July 9, 2025, the Board of Trustees of IHT announced a semi-annual dividend of $0.01 per share, payable on August 7, 2025, to shareholders of record as of July 25, 2025. This announcement continues an uninterrupted 55-year history of annual dividends. InnSuites hotel operations continue to be strong, while the investments in UniGen’s diversified efficient clean energy innovation and IBC Hotels, each continue to progress.

WINNIPEG, Manitoba, July 14, 2025 (GLOBE NEWSWIRE) -- Kane Biotech Inc. (TSX-V: KNE) (“Kane Biotech” or “Kane”) announces today that Kane Biotech’s Interim Chief Executive Officer, Dr. Robert Huizinga, will be presenting at the 4^th Advanced Wound Care Summit USA taking place from July 15-17, 2025 in Boston, MA.

PHOENIX, July 14, 2025 (GLOBE NEWSWIRE) -- Cavco Industries, Inc. (Nasdaq: CVCO) ("Cavco" or the "Company") announced today that it has entered into a definitive agreement to acquire American Homestar Corporation and its subsidiaries (collectively, "American Homestar"), a Houston-based company best known in the market as Oak Creek Homes. American Homestar operates two manufacturing facilities, nineteen retail locations, writes and sells a limited number of manufactured home loans and acts as an agent for third party insurers. With 800 employees, revenues for the twelve months ended May 31, 2025 were $194 million, net income was $16.6 million and earnings before interest, taxes, depreciation, amortization, and other income ("Adjusted EBITDA") (non-GAAP)* was $17.8 million. During that time, American Homestar produced 1,676 homes.

Operating expenses reduced 58% YoY and net loss narrowed 43% as Rivalry emerges a lean, high-performance engine built for scale, with Q2 setting new records in key user metrics

DALLAS, July 14, 2025 (GLOBE NEWSWIRE) -- The Andrew Hillman Scholarship for Entrepreneurs is now open for applications, offering undergraduate students across the United States a unique opportunity to gain recognition and financial support for their entrepreneurial aspirations. Created by renowned business strategist and investor Andrew Hillman, the scholarship seeks to identify and support students who demonstrate a clear vision, innovative mindset, and a deep interest in building and leading successful business ventures.