Month: April 2024
PITTSBURGH, April 23, 2024 (GLOBE NEWSWIRE) — Coherent Corp. (NYSE: COHR), a leader in materials, networking, and lasers, today announced a $500,000 sponsorship of two educational initiatives targeted to increase diversity, equity, and inclusion (DEI) in entrepreneurship, innovation, and advanced technology: the HBCU/MI Entrepreneurship & Innovation initiative by Leadership Needed Foundation and the Optica Foundation Amplify Scholarship for Black scientists.The HBCU/MI Entrepreneurship and Innovation initiative by Leadership Needed Foundation aims to assist Historically Black Colleges and Universities and Minority institutions (HBCU/MIs) in developing a comprehensive entrepreneurship curriculum that is particularly relevant in preparing African American and other minority young men and women to develop an entrepreneurial...
LKQ Corporation Announces Results for First Quarter 2024
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
Revenue of $3.7 billion (an 11% increase compared to the same period in 2023)
Diluted EPS2 of $0.59; adjusted diluted EPS1,2 of $0.82
Operating cash flow of $253 million; free cash flow1 of $187 million
Dividend of $0.30 per share approved to be paid in the second quarter of 2024
Completed an offering of €750 million of unsecured 4.125% senior notes
Uni-Select synergies accelerated and increased from $55 million to $65 million
Repurchased $30 million of LKQ sharesCHICAGO, April 23, 2024 (GLOBE NEWSWIRE) — LKQ Corporation (Nasdaq: LKQ) today reported first quarter 2024 financial results. “Our first quarter results were below our expectations as our Wholesale – North America segment was confronted with a reduction in repairable claims and the resulting pressure on demand, which we believe is primarily attributable to record warm...
First Advantage Releases 2024 Global Trends Report
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For the Second Year in a Row, Annual Research Finds Managing Risk is the Most Important Factor for Background Screening Programs
ATLANTA, April 23, 2024 (GLOBE NEWSWIRE) — First Advantage Corporation (NASDAQ:FA), a leading provider of employment background screening, identity and verification solutions, today shared findings from its 2024 Global Trends Report. The latest edition of the proprietary research is the Company’s most comprehensive yet, offering a worldwide perspective based on over 100 million anonymized screening data records and hundreds of survey responses from First Advantage customers.
The interactive report highlights background screening trends across the United States, Canada, Latin America and the Caribbean, Europe, the Middle East and Africa, India, and Asia-Pacific. In the United States, for example, First...
Neo-Concept International Group Holdings Limited Announces Pricing of Initial Public Offering and Listing on Nasdaq
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NEW YORK, April 23, 2024 (GLOBE NEWSWIRE) — Neo-Concept International Group Holdings Limited (Nasdaq: NCI) (the “Company”), a one-stop apparel solution services provider, today announced the pricing of its initial public offering (the “Offering”) of 2,320,000 ordinary shares (the “Ordinary Shares”) on April 22, 2024, at a price of $4.00 per Ordinary Share. The Ordinary Shares are expected to begin trading on the Nasdaq Capital Market on April 23, 2024 under the symbol “NCI.”
The Offering is expected to close on April 25, 2024, subject to the satisfaction of customary closing conditions. The Company intends to use the net proceeds for developing new products with sustainable materials and processes, for broadening its customer base, for potential acquisition of companies and/or formation of joint ventures, and to fund the working...
Li Auto Inc. to Hold Annual General Meeting on May 31, 2024
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BEIJING, China, April 23, 2024 (GLOBE NEWSWIRE) — Li Auto Inc. (“Li Auto” or the “Company”) (Nasdaq: LI; HKEX: 2015), a leader in China’s new energy vehicle market, today announced that it will hold an annual general meeting of the Company’s shareholders (the “AGM”) at 10:00 a.m. Beijing time on May 31, 2024 at 9/F, Office Tower C1, Oriental Plaza, 1 East Changan Avenue, Dongcheng District, Beijing, China for the purposes of considering and, if thought fit, passing with or without amendments each of the proposed resolutions as set forth in the notice of the AGM (the “AGM Notice”). The AGM Notice, a circular in relation to the AGM, and the form of proxy for the AGM are available on the Company’s website at https://ir.lixiang.com. The board of directors of the Company fully supports the proposed resolutions and recommends that shareholders...
Resolutions at the Annual General Meeting in HMS Networks
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HMS Networks AB (publ) held its Annual General Meeting on April 23, 2024. The Meeting resolved in favour of all matters in accordance with the proposals of the Board of Directors and the Nomination Committee. The main contents of the most important resolutions are described below.
ALLOCATION OF EARNINGSThe Annual General Meeting resolved to approve the Board’s proposed dividend of SEK 4.40 per share. The record date for the dividend was set to be April 25, 2024. The dividend is expected to be distributed by Euroclear Sweden on April 30, 2024.
ADOPTION OF THE INCOME STATEMENT AND BALANCE SHEET AND DISCHARGE FROM LIABILITYThe Annual General Meeting resolved to adopt the income statement and balance sheet for HMS Networks AB and the group as presented by the Board. The Board and the CEO were discharged from liability for the 2023 financial...
Major shareholder announcement – Pharma Equity Group A/S
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Major shareholder announcement – Pharma Equity Group A/S
23 April 2024Company Announcement no. 14
Pharma Equity Group A/S has, in accordance with section 38 of the Capital Markets Act, received major shareholder notification, that DMZ Holding ApS has acquired shares in Pharma Equity Group A/S.
As a result, DMZ Holding ApS has increased their ownership stake to over 5% in Pharma Equity Group A/S.
For further information, please contact:
Thomas Kaas Selsø, CEO of Pharma Equity Group A/S, phone: +45 4022 2114
Christian Vinding Thomsen, Chairman of the Board of Directors of Pharma Equity Group A/S, phone: +45 2622 7222
About Pharma Equity Group A/S
Pharma Equity Group, a listed company on the Nasdaq Copenhagen stock exchange, is fully dedicated to advancing the medical projects of its subsidiary,...
Equifax® Canada is Committed to Helping Canadians Benefit from Paying their Rent
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TORONTO, April 23, 2024 (GLOBE NEWSWIRE) — Equifax® Canada, a global data, analytics, and technology company, is committed to helping people live their financial best and to take steps to further financial inclusion for people in Canada with the continued support of rent reporting in credit scores.
As the largest consumer credit bureau in Canada, Equifax strives to empower economically healthy individuals and financially inclusive communities worldwide. The inclusion of rental payments in credit scores is an important step to ensuring credit and mainstream financial services are made more accessible to more people. Equifax supports the rental initiatives recently announced by the Federal Government and believes the inclusion of rental payments in credit scores will help more Canadians achieve homeownership or gain access to other...
Technip Energies and Anellotech to Jointly Develop Sustainable Plastics Recycling
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AnellotechCopyright AnellotechCombination of advanced recycling and purification technologies enable more efficient processing and reuse of hard-to-recycle plastic.
Technip Energies (PARIS:TE) and Anellotech, Inc. (Anellotech) today announced they have signed a global joint development agreement to work cooperatively to further develop and then license Anellotech’s Plas-TCat™ process, a one-step thermal-catalytic recycling technology that converts mixed plastic wastes back into its constituent basic chemicals, with a specific focus to benzene, toluene, and xylene (BTX) that can be used to make most virgin plastics.
The companies will bring their combined process technology expertise and know-how to complete comprehensive performance trials at Anellotech’s 100 tonnes/year nameplate feed rate demonstration plant in Silsbee,...
Interim Report for the period 1 January – 31 March 2024
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
The Supervisory Board of Tivoli A/S has adopted the Interim Report for the period 1 January – 31 March 2024.
Tivoli opened the summer season on 22 March, which is earlier than last year when the season opened 31 March. This affects the results for the period 1 January – 31 March 2024 in outline:A revenue of DKK 90.4 million compared to DKK 61.8 million last year (+46%).
An EBITDA of DKK -84.2 million compared to DKK -96.7 million last year.
A profit before tax of DKK -112.4 million compared to DKK -126.1 million last year.
An attendance figure of 221,000 visitors compared to 47,000 last year (+470%).”Tivoli continues the positive development we saw in 2023. The first quarter of 2024 is shaping up to a result equivalent to the expected, with better attendance figures and financial results than the same period in 2023. We enter the...