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Month: September 2024

NIO Inc. Reports Unaudited Second Quarter 2024 Financial Results

Quarterly Total Revenues reached RMB17,446.0 million (US$2,400.6 million)iQuarterly Vehicle Deliveries were 57,373 units SHANGHAI, Sept. 05, 2024 (GLOBE NEWSWIRE) — NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) (“NIO” or the “Company”), a pioneer and a leading company in the global smart electric vehicle market, today announced its unaudited financial results for the second quarter ended June 30, 2024. Operating Highlights for the Second Quarter of 2024Vehicle deliveries were 57,373 in the second quarter of 2024, consisting of 32,562 premium smart electric SUVs and 24,811 premium smart electric sedans, representing an increase of 143.9% from the second quarter of 2023, and an increase of 90.9% from the first quarter of 2024.Key Operating Results    2024 Q2 2024 Q1 2023 Q4 2023 Q3Deliveries 57,373 30,053 50,045 55,432           2023...

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Hooker Furnishings Reports Improved Sequential Performance in Second Quarter

MARTINSVILLE, Va., Sept. 05, 2024 (GLOBE NEWSWIRE) — Hooker Furnishings Corporation (NASDAQ-GS: HOFT) (the “Company” or “HFC”), a global leader in the design, production, and marketing of home furnishings for 100 years, today reported its fiscal 2025 second quarter operating results for the period beginning April 29 and ending July 28, 2024. Fiscal 2025 Second Quarter overview and cost reduction details:Despite persistent, weak market conditions, sales in the second quarter, typically Hooker Furnishings’ slowest quarter, the Company outperformed the first quarter. The low-single-digit consolidated sales decrease in the second quarter versus the prior year period was a solid sequential improvement from last quarter’s double-digit sales reduction. Despite the losses in the second quarter, both operating and net losses improved...

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Verizon to acquire Frontier

Expands fiber network to accelerate offering of premium broadband and mobility services to more customers nationwide Key Highlights:Increases scale with 2.2 million fiber subscribers and will extend Verizon’s network reach to 25 million premises across 31 states and Washington, D.C. Transaction valued at $20 billion, expected to be accretive to revenue and Adjusted EBITDA growth upon closing Verizon reaffirms full-year 2024 guidance Projected to generate at least $500 million in annual run-rate cost synergies Verizon to host investor conference call today at 8:00 AM Eastern TimeNEW YORK and DALLAS, Sept. 05, 2024 (GLOBE NEWSWIRE) — Verizon Communications Inc. (NYSE, NASDAQ: VZ) and Frontier Communications Parent, Inc. (NASDAQ: FYBR) today announced they have entered into a definitive agreement for Verizon to acquire Frontier...

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Beam Global Closes Acquisition of Europe Based Telcom

Acquisition Brings New Customers, Revenues, Margins and Power Electronics Expertise SAN DIEGO, Sept. 05, 2024 (GLOBE NEWSWIRE) — Beam Global, (Nasdaq: BEEM) (“Beam Global” or the “Company”), a leading provider of innovative and sustainable infrastructure solutions for the electrification of transportation and energy security, announced the closing of the acquisition of Telcom, a European based company located in Belgrade (“Telcom”), which since 1990 engineers and manufacturers specialized power electronics including invertors, charge controllers, power supplies and LED lighting. Acquisition Expands Market Reach and Product Development while Providing Vital Power Electronics Expertise Beam Global expects that the acquisition of Telcom will enable the Company to enhance its products, improve quality, reduce warranty and service requirements,...

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Míla Holding hf. announces Consolidated Condensed Interim Financial Statements for the six months ended June 30, 2024

Míla Holding hf. Storhofdi 22-30,110 Reykjavik,Iceland Míla Holding hf. announces Consolidated Condensed Interim Financial Statements for the six months ended June 30, 2024 Consolidated condensed interim financial statements, for the six months ended June 30, 2024 of Míla Holding hf. were approved at a Board of Directors meeting on 3 September 2024. The financial statements can be found on the Company’s website: https://www.mila.is/um-milu/fjarmal/ For more information please contact:Inga Helga HalldórudóttirCompliance officerMíla Holding hf.ingah@mila.is

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Apollo to Acquire Dutch Equipment Leasing Specialist Beequip from NIBC

NEW YORK, Sept. 05, 2024 (GLOBE NEWSWIRE) — Apollo (NYSE: APO) today announced that balance sheet and other investor capital managed under its Aligned Alternatives platform have agreed to acquire Netherlands-based equipment leasing specialist Beequip from NIBC. Founded in 2015, Beequip has grown to become a leading independent equipment financing company in the Netherlands, serving small and medium enterprises (SMEs) across Europe and internationally, with a current portfolio of €1.4 billion and €700 million of annual run-rate originations. Beequip offers financing and leasing solutions for new and used heavy equipment spanning transport, cranes, containers, maritime and more. Beequip will further the build-out of Apollo’s European equipment finance platform, established in 2018 with UK-based Haydock Finance. The acquisition is...

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Valstybės investicinis kapitalas UAB note programe has retained A credit rating after annual review

Valstybės investicinis kapitalas UAB informs that international credit rating Fitch ratings after performing annual review of Valstybės investicinis kapitalas UAB note programe credit rating, confirmed A credit rating. Enclosed:Fitch ratings announcement in regards to Valstybės investicinis kapitalas UAB note programe credit rating affirmation.Additional information Valstybės investicinis kapitalas UAB is a limited partner of the State Aid Fund for Business, a limited partnership, and is the vehicle for the state’s contribution to the fund. For more information please see: www.vika.lt Contact person:Robertas VyšniauskasValstybės investicinis kapitalas UAB, Chief Executive Officer Phone: +370 659 38315E-mail: Robertas.vysniauskas@vika.ltAttachmentFitch Affirms Lithuanian UAB Valstybes investicinis kapitalas’...

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GrønlandsBANKEN A/S is exploring the possibility to issue Tier 2 capital

As part of the ongoing effort to optimize its capital structure, GrønlandsBANKEN A/S has decided to explore the possibility of issuing new Tier 2 capital. If there is satisfactory market interest, the issue is expected to be completed before the end of the third quarter of 2024. Nykredit Bank A/S has been mandated as sole lead arranger. Please direct any questions to:  The Bank of GreenlandMartin KviesgaardManaging Director Telephone: +299 34 78 02E-mail: mbk@banken.glAttachment11.Undersøgelse – udstedelse af supplerende kapital_UK

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Elis: Disclosure of the number of shares forming the capital and of the total number of voting rights as of 31 08 2024

DECLARATION DU NOMBRE D’ACTIONS COMPOSANT LE CAPITALET DU NOMBRE TOTAL DE DROITS DE VOTE AU 31 AOUT 2024 Article L. 233-8-II du Code de CommerceArticle 223-16 du Règlement général de l’AMFNombre d’actions composant le capital social 235 567 817Nombre de droits de vote théoriques 267 565 661Nombre de droits de vote exerçables 267 512 953Cette déclaration est en ligne sur le site internet d’Elis www.elis.com DISCLOSURE OF THE NUMBER OF SHARES FORMING THE CAPITALAND OF THE TOTAL NUMBER OF VOTING RIGHTS AS OF 31 AUGUST 2024Total number of shares 235,567,817Theoretical number of voting rights 267,565,661Number of exercisable voting rights 267,512,953This disclosure is on Elis web site www.elis.com          Contacts Nicolas Buron, Director of Investor Relations, Financing & TreasuryPhone: +33 1 75 49 98 30 –...

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Dimensional Fund Advisors Ltd. : Form 8.3 – Tritax EuroBox plc – Ordinary Shares

FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BYA PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORERule 8.3 of the Takeover Code (the “Code”)1. KEY INFORMATION     (a) Full name of discloser: Dimensional Fund Advisors Ltd. in its capacity as investment advisor and on behalf its affiliates who are also investment advisors (”Dimensional”). Dimensional expressly disclaims beneficial ownership of the shares described in this form 8.3.  (b) Owner or controller of interests and short positions disclosed, if different from 1(a):The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.    (c) Name of offeror/offeree in relation to whose relevant securities this form relates:Use a separate form for each offeror/offeree Tritax...

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