Day: October 15, 2024

SINGAPORE, Oct. 15, 2024 (GLOBE NEWSWIRE) — Genius Group Limited (NYSE American: GNS) (“Genius Group” or the “Company”), a leading AI-powered education and acceleration group, today announced changes to its Board and Management team commensurate with its international growth plans. The Company’s Board of Directors has appointed Eduardo Huerta-Mercado Herrera, Ian Putter, Thomas Power and Gary Pattison to the Board, bringing with them extensive experience at Board and Senior Management levels in high-growth, international public companies and higher education institutions. Eduardo Huerta-Mercado Herrera is a seasoned education professional and currently the Director of the Innovation and Technology Center and Global MBA program at GERENS Escuela de Postgrado in Peru. He is also a Senior Advisor and Research Scholar to Purdue University...

Christian Dior shows good resilience in the current context Paris, October 15, 2024 The Christian Dior group recorded revenue of €60.8 billion in the first nine months of 2024, stable on a constant consolidation scope and currency basis despite the current context and a high basis of comparison, following several years of exceptional post-Covid growth. Europe and the United States posted slight growth on a constant consolidation scope and currency basis; Japan continued to achieve double-digit revenue growth; the rest of Asia reflected in particular the strong growth in spending by Chinese customers in Europe and Japan. In the third quarter, the slight decline in revenue mainly arose from lower growth seen in Japan, essentially due to the stronger yen. Revenue by business group changed as follows:In millions of euros 9 months 2023 9...

RANCHO CORDOVA, Calif., Oct. 15, 2024 (GLOBE NEWSWIRE) — Five Star Bancorp (Nasdaq: FSBC) (“Five Star” or the “Company”), a holding company that operates through its wholly owned banking subsidiary, Five Star Bank (the “Bank”), expects to report its financial results for the quarter ended September 30, 2024, after the stock market closes on Monday, October 28, 2024. Management will host a live webcast for analysts and investors to review this information at 1:00 PM ET (10:00 AM PT) on October 29, 2024. The live webcast will be accessible from the “News & Events” section of the Company’s website under “Events” at https://investors.fivestarbank.com/news-events/events. Please pre-register for the event using this link. The webcast will be archived on the Company’s website for a period of 90 days. About Five Star BancorpFive Star...

NVIDIA GB200 NVL72 Design Contributions and NVIDIA Spectrum-X to Help Accelerate Next Industrial RevolutionNVIDIA GB200 NVL72 RackNVIDIA GB200 NVL72 RackSAN JOSE, Calif., Oct. 15, 2024 (GLOBE NEWSWIRE) —  OCP Global Summit—To drive the development of open, efficient and scalable data center technologies, NVIDIA today announced that it has contributed foundational elements of its NVIDIA Blackwell accelerated computing platform design to the Open Compute Project (OCP) and broadened NVIDIA Spectrum-X™ support for OCP standards. At this year’s OCP Global Summit, NVIDIA will be sharing key portions of the NVIDIA GB200 NVL72 system electro-mechanical design with the OCP community — including the rack architecture, compute and switch tray mechanicals, liquid-cooling and thermal environment specifications, and NVIDIA NVLink™...

Paris, October 15, 2024 LVMH Moët Hennessy Louis Vuitton, the world’s leading high-quality products group, recorded revenue of €60.8 billion in the first nine months of 2024, stable on a constant consolidation scope and currency basis despite the current context and a high basis of comparison, following several years of exceptional post-Covid growth. Europe and the United States posted slight growth on a constant consolidation scope and currency basis; Japan continued to achieve double-digit revenue growth; the rest of Asia reflected in particular the strong growth in spending by Chinese customers in Europe and Japan. In the third quarter, the slight decline in revenue mainly arose from lower growth seen in Japan, essentially due to the stronger yen. Revenue by business group changed as follows:In millions of euros 9 months 2023...

Lannion, October 15, 2024 – 17:45 pm LUMIBIRD: BANKS RENEW THEIR CONFIDENCE IN THE GROUP’S STRATEGY WITH FINANCING OF OVER €100M55.2m repayable over 7 years, to reschedule existing loans 50m to be drawn over 3 years to finance acquisitionsThe LUMIBIRD Group (FR0000038242 – LBIRD), the European leader in laser technologies, announces that it has finalised bank financing of more than €100m to reschedule its current borrowings, particularly in view of the maturity of its bond debt, and to finance potential acquisition opportunities. The financing round comprises Crédit Agricole Côte d’Armor (lead bank), Arkéa Banque Entreprises et Institutionnels, Banque Populaire Grand Ouest, Caisse d’Epargne Bretagne Pays de Loire and LCL. All these banks are part of Lumibird’s historic banking pool: through this financing,...

Ivry-sur-Seine – France, October 15, 2024, 5:45 p.m. CET Dynamic business with outlook revised upwards9m 2024 sales up +1.0%1Sustained high single-digit growth in ServicesGross margin rate increaseUpward revision of 2024 Current Operating Income (COI) targetRevenue:9m 2024 increasing: €5,238 million, up +1.0% on a reported basis and down -0.2% on a LFL basis2 Stable Q3 2024: €1,849 million, up +0.5% on a reported basis and down -0.6% on a LFL basis2Gross margin rate up by over 100 bps in Q3, excluding dilutive impacts from franchise and changes in scope Current Operating Income (COI) target raised, now expected to exceed €180m, compared with the previously announced target of at least equal to that of 2023. The cumulative FCF target for 2021-2024 remains unchanged. Envisaged strategic acquisition of Unieuro:Strong conviction...

The net asset value (NAV) per unit of the Baltic Horizon Fund (the Fund) amounted to EUR 0.7099 at the end of September 2024 (0.8011 as of 31 August 2024). The month-end total net asset value of the Fund was EUR 101.9 million (EUR 95.8 million as of 31 August 2024). The EPRA NRV as of 30 September 2024 stood at EUR 0.7510 per unit. In September 2024, the Baltic Horizon Fund successfully completed the private placement and issued 23,927,085 new units corresponding to a gross value of EUR 6.29 million. In September 2024, the consolidated net rental income of the Fund remained at the level of EUR 1.0 million (EUR 1.0 million in August 2024). At the end of September 2024, the Fund’s consolidated cash and cash equivalents amounted to EUR 10.0 million (31 August 2024: EUR 3.9 million). As of 30 September 2024, the total consolidated assets...