Digital Homeownership Platform Better to Become a Publicly-Listed Company via Merger with Aurora Acquisition Corp.; Company is Redefining the Homeownership Experience May 11, 2021 06:36AM

In 2020, Better funded $24.2 billion in volume and 490% year-over-year growth from 2019 

SoftBank commits to invest $1.5 billion via PIPE investment, of which $200 million will be subscribed by Aurora’s Sponsor, Novator Capital

Aurora Acquisition shareholder redemptions to be fully backstopped by Novator Capital

Transaction values Better at approximately $6.9 Billion pre-money equity value and anticipated that transaction will provide Better with $778 million of... (continue reading...)


STALICLA Appoints Baltazar Gomez-Mancilla, MD, PhD, as Chief Medical Officer May 11, 2021 06:32AM

Appointment will benefit STALICLA’s robust drug discovery platform and pipeline development

GENEVA--(BUSINESS WIRE)-- STALICLA SA, a Swiss clinical stage biopharmaceutical company leading omics-based precision medicine drug development for patients with neurodevelopmental disorders (NDDs), announced today the appointment of Baltazar Gomez-Mancilla, MD, PhD, to the position of Chief Medical Officer. Dr. Gomez-Mancilla, whose clinical neuroscience leadership... (continue reading...)


Aramark Reports Second Quarter Earnings May 11, 2021 06:30AM

SUMMARY

  • Strong cash flow and liquidity
    • Generated cash provided by operating activities of $337 million and Free Cash Flow of $259 million in the quarter; $119 million and $151 million better than prior year, respectively
    • Approximately $2.6 billion cash availability at quarter-end
  • Revenue (24)%; Organic Revenue (26)%
    • Sequential quarterly improvement versus prior year across all business segments
    • Increased client reopenings throughout portfolio

Eaton to Supply DC-DC Converters for New Full Battery Electric Semi-Truck May 11, 2021 06:30AM

SOUTHFIELD, Mich.--(BUSINESS WIRE)-- Power management company Eaton today announced its eMobility business has been awarded a contract to supply a 24-to-12-volt DC-DC converter for use in a commercial heavy-duty battery electric vehicle (BEV) that will power accessories, such as antilock brakes and lighting. The BEV will be sold in the North American and China markets beginning later this year.

This press release features multimedia. View the full release here: ... (continue reading...)


SolarWinds Experts to Explore Data Optimization and Database Performance Management Techniques at QCon Plus 2021 May 11, 2021 06:30AM

As platinum sponsor, SolarWinds will deliver three interactive sessions

AUSTIN, Texas--(BUSINESS WIRE)-- SolarWinds (NYSE: SWI), a leading provider of powerful and affordable IT management software, today announced its platinum sponsorship of the QCon Plus Virtual Software Engineering Conference, May 17-28, 2021. SolarWinds experts will deliver technical sessions on database performance monitoring, machine learning, and taming database chaos. The company will also... (continue reading...)


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