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e.l.f. Beauty’s Change the Board Game Expands Coalition for Corporate Board Inclusivity
e.l.f. Beauty’s “Change the Board Game” initiative promotes boardroom inclusivity as a driver of business success. The initiative, supported by a growing network of partners, cites e.l.f. Beauty’s own diverse board and financial performance as evidence. New research from N.C. A&T shows a correlation between gender diversity on boards and Return on Equity, with companies having above-average gender diversity consistently outperforming those with less. e.l.f. Beauty encourages other companies to join the coalition.
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Faraday Future Hosts Successful Co-Creation and Sales Event in Seattle
Faraday Future (FFAI) completed its FX Super One event in Seattle, attracting tech professionals from Boeing, Amazon, Microsoft, and Meta. This event is part of a U.S. tour, following similar events in other major cities with plans to expand to Texas and other states. FFAI will also host a Middle East launch in the UAE on October 28, targeting initial deliveries in Q4 2025. U.S. pre-production work, including crash testing, is ongoing. The company aims for the FX Super One to become a flagship product.
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Tenet Announces Year-End 2024 Financial Results
Tenet Fintech Group reported a significant revenue decline to $2.84 million in 2024, down from $42.08 million in 2023, with a net loss of $59.26 million. Despite these challenges, the company is strategically pivoting by enhancing its Cubeler platform and forming partnerships, including one with Dext Software Ltd. Looking ahead to 2025, Tenet aims to launch Cubeler in the U.S., commercialize data products in North America, and reactivate platforms in China, targeting a $100M+ annual revenue run-rate.
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Avalanche Treasury Co. to Merge with Mountain Lake Acquisition Corp. in $675M+ Deal, Aiming for $1B+ Ecosystem Treasury
Avalanche Treasury Co. (AVAT) will merge with Mountain Lake Acquisition Corp. (MLAC) in a deal exceeding $675 million, aiming for a Nasdaq listing in Q1 2026. AVAT will invest in the Avalanche ecosystem, managing a digital asset treasury exceeding $1 billion. The deal includes an exclusive agreement with the Avalanche Foundation and values AVAT at 0.77x mNAV, a 23% discount. The merger signifies growing institutional interest in Avalanche, with notable participation from various investors.
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Provident Financial Services to Host Q3 Earnings Call
Provident Financial Services (NYSE: PFS) will release its Q3 2025 financial results on October 29, 2025, after market close. A conference call for investors and analysts will be held on October 30, 2025, at 2:00 p.m. ET. The earnings release and webcast details will be available on Provident’s website. A replay will be accessible shortly after the call and archived for one year. As of June 30, 2025, Provident reported assets of $24.5 billion, operating with branches across New Jersey, Pennsylvania, and New York, and offering diversified services through subsidiaries.
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Andrew C. Clarke Appointed to ParkOhio Board of Directors
Park-Ohio Holdings Corp. (PKOH) appointed Andrew C. Clarke, former CFO of C.H. Robinson Worldwide, Inc. (CHRW), to its Board of Directors as an independent director, effective September 30, 2025. Clarke’s logistics and financial background, coupled with his board experience, will be a significant asset. ParkOhio’s Chairman cites Clarke’s experience in driving shareholder value. ParkOhio, a diversified international company, aims to optimize supply chain solutions with this addition. Clarke currently serves on the board of LKQ Corporation (LKQ).
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General Enterprise Ventures Names Wes Bolsen CEO
General Enterprise Ventures (GEVI) appointed Wes Bolsen as CEO, succeeding Ted Ralston, who becomes Chairman. Bolsen, with experience in scaling technology companies including LaderaTech and Perimeter Solutions, will focus on growth and innovation, particularly within the wildfire protection sector. Ralston will focus on strategic partnerships. The company highlights the potential of its CitroTech fire inhibitor, emphasizing its environmental safety and effectiveness in wildfire prevention, aiming to expand market reach and pursue a listing on a national stock exchange.
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Safe & Green Holdings to Consolidate Operations at New Texas Facility
Safe & Green Holdings (SGBX) is consolidating operations by relocating its SG Echo factory from Oklahoma to Conroe, Texas, merging with Olenox Corp. The new facility offers office and warehouse space, plus income from existing leases. This move aims to cut overhead, boost efficiency, and tap into Houston’s labor market. Selling the Oklahoma property will generate capital to support the company’s growth strategy. Analysts see this as a proactive response to market demands, creating a regional hub with logistical advantages.
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American Financial Group Announces Quarterly Dividend
American Financial Group (AFG) has declared its regular quarterly dividend, demonstrating confidence in its stable financial performance. The dividend, payable on [Insert Date] to shareholders of record as of [Insert Date], reflects AFG’s commitment to returning value. Analysts cite AFG’s specialty lines business and proactive capital deployment as key factors in its resilience. Despite industry challenges, AFG’s strategic positioning allows it to navigate headwinds effectively, maintaining profitability and delivering shareholder value. The announcement follows AFG’s recent [Insert Recent Event].
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Johnston & Murphy Appoints Peyton Manning as Brand Ambassador
Johnston & Murphy announced a partnership with Peyton Manning as its brand ambassador for the Fall 2025 campaign. The campaign, developed with Wolfgang and Omaha Productions, uses humor to showcase the brand’s collection. Manning, a long-time fan, will feature in ads highlighting “Fashion Fumbles” and the “Wall of Game.” This collaboration aims to solidify the existing customer base and attract new consumers through athlete endorsement. The campaign coincides with Johnston & Murphy’s 175th anniversary and the launch of their XC+™ Extreme Comfort collection.