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3 US Army soldiers arrested on human smuggling charges along the border with MexicoDALLAS, Dec. 05, 2024 (GLOBE NEWSWIRE) -- Beneficient (NASDAQ: BENF) (“Ben” or the “Company”), a technology-enabled platform providing exit opportunities and primary capital solutions and related trust and custody services to holders of alternative assets through its proprietary online platform AltAccess, announced it has entered into an agreement to acquire Mercantile Bank International Corp. (“Mercantile Bank”), a Puerto Rico-based International Financial Entity (“IFE”), in exchange for an aggregate purchase price of $1.5 million, which is payable in up to approximately 2.1 million shares of the Company’s Class A common stock and cash. “We are very excited about the potential avenues for revenue growth that would be facilitated through this acquisition,” said Beneficient. “Acquiring Mercantile Bank would enable the Company to offer an expanded range of companion custody and other fee-based services that complement our existing businesses on a broader scale with the potential to generate additional cash flow in the near term. Our objective is to deliver additional alternative asset custody services to customers with the potential to generate higher fee rates than are generally available for traditional custody services. We also believe the acquisition has the potential to enhance and broaden our current offerings in ways that may open new international opportunities, allowing us to further democratize the market for illiquid alternative assets.” IFEs are licensed and regulated by the Office of the Commissioner of Financial Institutions of Puerto Rico (the “OCIF”) and may provide specific banking and other financial activity from Puerto Rico for persons, entities, and organizations around the globe that are non-residents of Puerto Rico. An IFE’s authorized activities may include custody, clearing, and payments and related traditional and digital products and services and, as approved by the OCIF, traditional banking services, such as deposits, lending, investments, and trusts. Upon closing of the acquisition, the Company, which has primarily focused on meeting the needs of individual investors and small-to-midsized institutions, expects to expand its offering of custody services to also address the current needs of large institutional investors and the growing needs of third-party alternative trading systems and foreign securities exchanges. The acquisition would position Ben to offer alternative asset custody services that include, among other potential items, a companion line of business focused on issuing depositary receipts to assist holders of foreign investments gain access to the capital markets of additional international jurisdictions. The Company believes these alternative asset custody services may yield higher fee assessments than more traditional custody offerings. The Company expects this companion business line to begin generating custody and depositary receipt issuance fee-based revenue and cash flow during calendar year 2025 that it would deploy to fund Ben’s ongoing operations and ultimately our core alternative asset liquidity product offerings. The acquisition reflects Beneficient’s execution on its objective of expanding its alternative asset custody fee-based service offerings to third parties and institutional investors. Closing of the acquisition is subject to customary closing conditions, including, among other things, approval by OCIF, and is anticipated to be completed in the second calendar quarter of 2025. About Beneficient Beneficient (Nasdaq: BENF) – Ben, for short – is on a mission to democratize the global alternative asset investment market by providing traditionally underserved investors − mid-to-high net worth individuals, small-to-midsized institutions and General Partners seeking exit options, anchor commitments and valued-added services for their funds− with solutions that could help them unlock the value in their alternative assets. Ben’s AltQuoteTM tool provides customers with a range of potential exit options within minutes, while customers can log on to the AltAccess® portal to explore opportunities and receive proposals in a secure online environment. Its subsidiary, Beneficient Fiduciary Financial, L.L.C., received its charter under the State of Kansas’ Technology-Enabled Fiduciary Financial Institution (TEFFI) Act and is subject to regulatory oversight by the Office of the State Bank Commissioner. For more information, visit www.trustben.com or follow us on LinkedIn. Contacts Matt Kreps: 214-597-8200, mkreps@darrowir.com Michael Wetherington: 214-284-1199, mwetherington@darrowir.com Investor Relations: investors@beneficient.com Disclaimer and Cautionary Note Regarding Forward-Looking Statements Certain of the statements contained in this press release are 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. These forward-looking statements can be generally identified by the use of words such as “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “will,” “would,” and, in each case, their negative or other various or comparable terminology. The forward-looking statements contained in this press release include, without limitation, statements relating to the anticipated timing of closing the acquisition, benefits of the acquisition and the Company’s anticipated product and service offerings following the closing of the acquisition. These forward-looking statements reflect our views with respect to future events as of the date of this document and are based on our management’s current expectations, estimates, forecasts, projections, assumptions, beliefs and information. Although management believes that the expectations reflected in these forward-looking statements are reasonable, it can give no assurance that these expectations will prove to have been correct. All such forward-looking statements are subject to risks and uncertainties, many of which are outside of our control, and could cause future events or results to be materially different from those stated or implied in this document. It is not possible to predict or identify all such risks. These risks include, but are not limited to, the ultimate outcome of the acquisition; the Company’s ability to consummate the acquisition in a timely manner or at all; the ability of the parties to satisfy the closing conditions to the acquisition; the possibility that the Company may be unable to successfully integrate Mercantile Bank’s operations with those of the Company or realize the expected benefits of the acquisition; the possibility that such integration may be more difficult, time-consuming, or costly than expected; the risk that operating costs, customer loss, and business disruption (including, without limitation, difficulties in maintaining relationships with employees, contractors, and customers) may be greater than expected following the acquisition or the public announcement of the acquisition; the Company’s ability to retain certain key employees of Mercantile Bank; the ability to launch and receive market acceptance for new products and services; and risks related to the entry into a new line of business; the risk factors that are described under the section titled “Risk Factors” in our Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, Current Reports on Form 8-K, and other filings with the Securities and Exchange Commission (the “SEC”). These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included in this document and in our SEC filings. We expressly disclaim any obligation to publicly update or review any forward-looking statements, whether as a result of new information, future developments or otherwise, except as required by applicable law.NEW YORK , Dec. 3, 2024 /PRNewswire/ -- Report on how AI is driving market transformation - The global intelligent remote terminal unit market size is estimated to grow by USD 2.23 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of over 7.18% during the forecast period. Growing need for remote monitoring in industrial facilities is driving market growth, with a trend towards growing adoption of scada in water monitoring. However, inadequate cybersecurity measures in scada systems poses a challenge. Key market players include ABB Ltd., Advantech Co. Ltd., Eaton Corp. Plc, Emerson Electric Co., Enilit Ltd., General Electric Co., Honeywell International Inc., ICP DAS CO. LTD., Kalki Communication Technologies Pvt. Ltd., Mitsubishi Electric Corp., Motorola Solutions Inc., Moxa Inc., Remsdaq Ltd., Schneider Electric SE, Schweitzer Engineering Laboratories Inc., Siemens AG, Spectris Plc, WAGO GmbH and Co. KG, Westercom s.r.o, and Yokogawa Electric Corp.. AI-Powered Market Evolution Insights. Our comprehensive market report ready with the latest trends, growth opportunities, and strategic analysis- View Free Sample Report PDF Forecast period 2024-2028 Base Year 2023 Historic Data 2018 - 2022 Segment Covered End-user (Oil and gas, Power generation, Chemical, Water and wastewater, and Others), Type (Wireless intelligent RTU and Wired intelligent RTU), and Geography (Europe, North America, APAC, Middle East and Africa, and South America) Region Covered Europe, North America, APAC, Middle East and Africa, and South America Key companies profiled ABB Ltd., Advantech Co. Ltd., Eaton Corp. Plc, Emerson Electric Co., Enilit Ltd., General Electric Co., Honeywell International Inc., ICP DAS CO. LTD., Kalki Communication Technologies Pvt. Ltd., Mitsubishi Electric Corp., Motorola Solutions Inc., Moxa Inc., Remsdaq Ltd., Schneider Electric SE, Schweitzer Engineering Laboratories Inc., Siemens AG, Spectris Plc, WAGO GmbH and Co. KG, Westercom s.r.o, and Yokogawa Electric Corp. Key Market Trends Fueling Growth The global population growth and urbanization have led to a significant increase in the demand for water. With the depletion of new freshwater resources, there is a pressing need for water infrastructure sustainability through Supervisory Control and Data Acquisition (SCADA) systems. Water reuse and recycling are becoming essential solutions to address the water crisis. Water utilities are investing in advanced SCADA technologies to monitor and optimize their water and wastewater plants. These systems enable utilities to monitor key assets such as pumps and filtration units, reducing energy consumption and optimizing workflow. SCADA systems analyze data from water flow rate, waste-activated sludge flow, digester temperature, and dissolved oxygen, allowing for better operational control and reduced wastage. Moreover, remote monitoring capabilities save time and costs by enabling operators to manage plants from a distance. The rising adoption of SCADA in water and wastewater treatment, driven by both developed and developing countries' needs, is expected to fuel the growth of the Intelligent Remote Terminal Unit (IRTU) market during the forecast period. The Intelligent Remote Terminal Unit (RTU) market is thriving due to the increasing demand for remote signaling, adjustment, and monitoring in various industries. Wireless terminal devices, capable of transmitting both serial port data and IP data, are trending. Central monitoring systems rely on data transmission links for format conversion and communication protocols to ensure seamless data interaction. GPRS/CDMA technologies enable remote communication, while control functions, analog input/output, and event-triggered cycles facilitate automation. Smart grids, telemetry systems, and smart city projects utilize RTUs for data collection, status monitoring, and equipment control. Abnormal alarms and fault statuses are communicated in real-time, allowing for quick response. Microprocessors, I/O devices, and power supplies power these intelligent terminal devices. Communication networks and facility monitoring systems benefit from the advanced capabilities of RTUs. Insights on how AI is driving innovation, efficiency, and market growth- Request Sample! The Intelligent Remote Terminal Unit (IRTU) market is experiencing significant growth due to the increasing adoption of advanced automation technologies in industries. However, this growth is threatened by the rising number of cybersecurity incidents. With the proliferation of connected devices, interconnections, interactions, and interfaces, industries face increased security risks. SCADA systems, used for centralized control and monitoring, are a key target for cybercriminals. The evolution of SCADA architecture, driven by the Internet and cloud technology, has increased vulnerability to cyber threats. Cyberthreats, such as ransomware attacks and distributed denial of service (DDoS) attacks, are constantly evolving. Ransomware attacks involve hacking a system and demanding a ransom, while botnets, which are networks of controlled devices, can perform DDoS attacks and spam campaigns. The Indian Computer Emergency Response Team reported a significant increase in cybersecurity incidents, from 3,94,499 in 2019 to 14,02,809 in 2021. SCADA systems need to evolve to meet these threats, with up-to-date security measures to protect against data hacking and alteration. Failure to do so can result in operational failure and significant damage to critical infrastructure. The Intelligent Remote Terminal Unit (RTU) market is witnessing significant growth due to the increasing demand for remote monitoring and control applications in various industries. Challenges such as remote signaling and adjustment, central monitoring, and wireless terminal devices require advanced data transmission links and format conversion capabilities. Communication protocols like GPRS/CDMA are essential for remote communication, while microprocessors and I/O devices enable control functions for analog input/output and event-triggered cycles. In industries such as power generation, agriculture, telecommunications, and smart city systems, data collection and status monitoring are crucial. Intelligent terminal devices facilitate remote data acquisition and operation control through communication networks. Facility monitoring, data interaction, and abnormal alarm notifications are essential for efficient and effective management. Power supplies and telemetry ensure seamless data transmission and interaction between various automation devices and smart grid systems. Insights into how AI is reshaping industries and driving growth- Download a Sample Report This intelligent remote terminal unit market report extensively covers market segmentation by End-user 1.1 Oil and gas 1.2 Power generation 1.3 Chemical 1.4 Water and wastewater 1.5 Others Type 2.1 Wireless intelligent RTU 2.2 Wired intelligent RTU Geography 3.1 Europe 3.2 North America 3.3 APAC 3.4 Middle East and Africa 3.5 South America 1.1 Oil and gas- Intelligent Remote Terminal Units (IRTUs) are vital components in the oil and gas industry, enabling remote monitoring, control, and automation for safe and efficient operations. IRTUs are deployed at wellheads to monitor pressure, temperature, flow rates, and fluid levels, facilitating real-time production optimization and safety compliance. In tank farms, they manage inventory, optimize storage capacity utilization, and ensure safety regulations for hazardous materials. As part of Supervisory Control and Data Acquisition (SCADA) systems, IRTUs collect data from remote sites, transmit it to centralized control centers, and execute control commands, enabling centralized monitoring and control of field operations across vast areas. The increasing demand for pipeline monitoring and growing offshore exploration activities are driving the need for IRTUs, making them an essential element in the oil and gas segment of the global IRTU market. Download complimentary Sample Report to gain insights into AI's impact on market dynamics, emerging trends, and future opportunities- including forecast (2024-2028) and historic data (2018 - 2022) The Intelligent Remote Terminal Unit (RTU) market refers to the demand for advanced RTUs used in industrial automation and control systems. These RTUs go beyond traditional functions by integrating sensor networks, transmission networks, and IoT capabilities. The sensor network layer collects data from various sensors, while the transmission network layer ensures secure and reliable data transmission. Intelligent RTUs feature network interfaces for remote data interaction, data processing, and data storage with data encryption for security. They support communication networks like SCADA systems, telemetry, and remote control through signal input/output modules, microprocessors, and wired/wireless communication. Power supplies ensure uninterrupted operation, and these devices can function as wireless terminal devices for port data and IP data transmission. Overall, Intelligent RTUs enable efficient facility monitoring, operation control, and data management in various industries. The Intelligent Remote Terminal Unit (RTU) market encompasses advanced devices used for remote data acquisition, facility monitoring, and operation control in various industries. These devices communicate with sensor networks at the Sensor Network Layer and Transmission Network Layer, ensuring seamless data interaction through Network Interfaces. The Intelligent Terminal Devices process Sensor Data and execute Control Functions, employing Microprocessors and Power Supplies for efficient performance. Communication networks, such as GPRS/CDMA, enable Remote Communication, Remote Control, Remote Signaling, and Remote Adjustment. Data Collection, Status Monitoring, Equipment Control, and Abnormal Alarm are crucial functions, while Telemetry, Central Monitoring, and Automation Devices enhance system efficiency. Applications span across Smart Grid Systems, Telemetry Systems, Smart City Systems, Power Generation, Agriculture, and Telecommunications. I/O Devices and Communication Protocols facilitate Data Transmission Links, Format Conversion, and Event-triggered Cycles. 1 Executive Summary 2 Market Landscape 3 Market Sizing 4 Historic Market Size 5 Five Forces Analysis 6 Market Segmentation End-user Oil And Gas Power Generation Chemical Water And Wastewater Others Type Wireless Intelligent RTU Wired Intelligent RTU Geography Europe North America APAC Middle East And Africa South America 7 Customer Landscape 8 Geographic Landscape 9 Drivers, Challenges, and Trends 10 Company Landscape 11 Company Analysis 12 Appendix Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: media@technavio.com Website: www.technavio.com/ View original content to download multimedia: https://www.prnewswire.com/news-releases/intelligent-remote-terminal-unit-market-to-grow-by-usd-2-23-billion-2024-2028-driven-by-industrial-remote-monitoring-needs-with-ai-powering-market-evolution---technavio-302319753.html SOURCE Technavio © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.fb777 free 100 。

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OAKLAND, Calif. , Dec. 2, 2024 /PRNewswire/ -- On November 29, 2024 , PG&E Corporation (NYSE: PCG) declared its fourth-quarter 2024 regular cash dividend of $0.025 per share on the Corporation's common stock. The dividend is payable on January 15, 2025 , to shareholders of record as of December 31, 2024 . In addition, PG&E Corporation's utility subsidiary, Pacific Gas and Electric Company (PG&E), declared the regular preferred stock dividend for the three-month period ending January 31, 2025 , to be payable on February 15, 2025 , to shareholders of record as of January 31, 2025 . PG&E will pay dividends on its eight series of preferred stock as follows: First Preferred Stock, $25 Par Value Quarterly Dividend to be Paid Per Share Redeemable 5.00 % $0.31250 5.00% Series A $0.31250 4.80 % $0.30000 4.50 % $0.28125 4.36 % $0.27250 Non-Redeemable 6.00 % $0.37500 5.50 % $0.34375 5.00 % $0.31250 About PG&E Corporation PG&E Corporation (NYSE: PCG) is a holding company headquartered in Oakland, California . It is the parent company of Pacific Gas and Electric Company, an energy company that serves 16 million Californians across a 70,000-square-mile service area in Northern and Central California . For more information, visit http://www.pgecorp.com . View original content to download multimedia: https://www.prnewswire.com/news-releases/dates-set-for-pge-quarterly-stock-dividends-302319353.html SOURCE PG&E Corporation2024 Lupus Research Alliance Gala Raises Millions to Improve Lives of People with LupusLetter on women COs shows how some Army officers are stuck in a time warp

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Daily Post Nigeria Banker, 6 footer — DJ Cuppy on her ideal man Home News Politics Metro Entertainment Sport Entertainment Banker, 6 footer — DJ Cuppy on her ideal man Published on November 26, 2024 By Sunny Green Itodo Nigerian disc jockey Florence Otedola, popularly known as DJ Cuppy, has revealed the ideal man she desires. Cuppy disclosed this on her Snapchat recently. “I’m looking for a man in the finance, 6 foot, brown eyes,” she wrote. DJ Cuppy is publicly known to be single at the moment. Her most recent relationship was her failed engagement to British boxer Ryan Taylor. The duo parted ways in July 2023, barely seven months after their shocking engagement in November 2022. Related Topics: dj cuppy Don't Miss I wish I could bring my mother back to life – Skales You may like ‘I’m wife material’ – DJ Cuppy DJ Cuppy hints at quitting her job DJ Cuppy makes history as first Nigerian to host youth session at UNGA PHOTOS: DJ Cuppy gives her life to Christ, gets baptized God challenged me to curate only Christian playlist – DJ Cuppy DJ Cuppy loses grandmother Advertise About Us Contact Us Privacy-Policy Terms Copyright © Daily Post Media Ltd

What a difference a few months can make. Earlier this season, Philadelphia Eagles quarterback Jalen Hurts raised eyebrows with an alarming interception trend. After throwing 15 picks in 2023 - the third-most in the NFL - and opening 2024 with four interceptions in his first three games, legitimate concerns arose about Hurts' ball security. The numbers were troubling ... 22 interceptions in 22 games, a sharp decline from his early career when he ranked eighth all-time in interception ratio. Javascript is required for you to be able to read premium content. Thanks for the feedback.Hume region residents embrace rooftop solar amidst local solar farm projects

Labour members have gathered in Christchurch for their annual conference. Leader Chris Hipkins is set to speak at 2pm. The speech will be live-streamed at the top of this story. The party is debating a “captain’s call” ban and Aukus. Labour Party deputy leader Carmel Sepuloni told Labour members the coalition Government needs a “nana, tinā or kuia” to keep its three leaders together . At the Labour Party conference in Christchurch today, Sepuloni adhered to the time-honoured tradition in speeches made by deputy leaders of winding up the coalition Government, saying the fact she’d recently become a grandparent had given her the idea the coalition itself needed a grandparent in the room. A kuia, Sepuloni said, would have stopped Prime Minister Christopher Luxon from giving David Seymour a chance to introduce the Treaty Principles Bill to Parliament or allowing NZ First to take the reins of the Government’s Smokefree strategy. “David wants all the toys,” Seuponi said.

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