Day: November 4, 2024

Winner Automotive Group Expands Portfolio with Acquisition of Diver Chevrolet

Written by Customer Service on November 4, 2024. Posted in Mergers And Acquisitions.

WILMINGTON, Del., Nov. 04, 2024 (GLOBE NEWSWIRE) — Winner Automotive Group, a premier automotive group known for its commitment to exceptional customer service and a diverse selection of top-tier brands, proudly announces the acquisition of Diver Chevrolet. This acquisition enhances Winner Automotive Group’s dealership portfolio, which already includes Audi, Ford, Hyundai, Subaru, and Volkswagen in Delaware, as well as Ford, Jaguar, Land Rover, Volvo, Porsche, Bentley, MG, Maxus, and Renault in Ukraine.Located in Wilmington, DE, Diver Chevrolet has built a long-standing reputation for quality, reliability, and community involvement. With this acquisition, Winner Automotive Group is excited to bring its innovative and customer-centric approach to the Chevrolet brand, offering customers an expanded range of vehicle options, services,...

Philips enrolls first patient in U.S. clinical trial for innovative integrated single-device to treat peripheral artery disease

Written by Customer Service on November 4, 2024. Posted in Public Companies.

THOR Integrated DeviceWith a unique world-first ability to perform laser atherectomy and laser-based intravascular lithotripsy using a single device, Philips takes a major step forward in the treatment of peripheral artery disease (PAD) Cardiovascular Institute of the South successfully treats first patient in the U.S. using Philips’ innovative laser system, marking a milestone in advancing personalized care for PAD patientsAmsterdam, the Netherlands – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today announced enrollment of the first patient in the U.S. THOR IDE clinical trial, which will study an innovative combined laser atherectomy and intravascular lithotripsy catheter developed by Philips, that integrates two critical PAD treatments into a single device. Procedures that previously required...

DSV, 1142 – EUR 5 BILLION EUROBONDS ISSUE

Written by Customer Service on November 4, 2024. Posted in Public Companies.

Company Announcement No. 1142 DSV A/S has through DSV Finance B.V. successfully placed and closed an aggregate principal amount of EUR 5.0 billion senior unsecured notes (the “Notes”) in six tranches under its EMTN Programme. The Notes will be issued 6 November 2024 at an average price of 99.669% and will be listed on Euronext Dublin. The Notes will have an average duration of 5.5 years and an average coupon rate of 3.250% based on the 3mEuribor rate at the time of pricing. Five out of the six tranches have a fixed coupon rate. Standard & Poor’s rated the bonds at A- and Moody’s rated the bonds A3, both in line with their rating of DSV A/S. The net proceeds from the transaction will be used for funding the acquisition of Schenker AG, including reducing the commitments under the Bridge Facilities Agreement (as defined in the EMTN Base...

Plug to Announce 2024 Third Quarter Results

Written by Customer Service on November 4, 2024. Posted in Earnings Releases And Operating Results.

SLINGERLANDS N.Y., Nov. 04, 2024 (GLOBE NEWSWIRE) — Plug Power Inc. (NASDAQ: PLUG), a global leader in comprehensive hydrogen solutions for the green hydrogen economy, will announce its 2024 third quarter results on Tuesday November 12, 2024. Join the call:Date: November 12, 2024 Time: 8:30 AM ET Toll-free: 877-407-9221 / +1 201-689-8597 Direct webcast: https://event.webcasts.com/starthere.jsp?ei=1692922&tp_key=d012114e58The webcast can also be accessed directly from the Plug homepage (www.plugpower.com). A playback of the call will be available online for a period of time following the call. Plug Symposium Plug will host its 6th annual symposium on November 13th at its headquarters in Slingerlands, N.Y. The event will bring together Plug leadership and industry experts to showcase groundbreaking projects that are reshaping...

Willis Lease Finance Corporation Reports Strong Third Quarter Pre-Tax Income of $34.5 million; Pre-Tax Income Up 69% as Compared to that of the Third Quarter of the Prior Period; Board Declares Recurring Quarterly Dividend of $0.25 Per Share of Common Stock

Written by Customer Service on November 4, 2024. Posted in Dividend Reports And Estimates.

COCONUT CREEK, Fla., Nov. 04, 2024 (GLOBE NEWSWIRE) — Willis Lease Finance Corporation (NASDAQ: WLFC) (“WLFC” or the “Company”) today reported third quarter total revenues of $146.2 million and quarterly pre-tax income of $34.5 million. The Company also announced its quarterly dividend of $0.25 per share, expected to be paid on November 21, 2024, with a record holder date of November 12, 2024. For the three months ended September 30, 2024, core lease rent and maintenance reserve revenues were $114.7 million in the aggregate, up 26% as compared to $91.3 million for the same period in 2023. The growth was predominantly driven by core, recurring lease and maintenance revenues associated with the continued strength of the aviation marketplace, as airlines leverage the Company’s leasing, parts and maintenance capabilities to avoid protracted,...

Shimmick Reaches $97 million Golden Gate Bridge Project Settlement

Written by Customer Service on November 4, 2024. Posted in Public Companies.

Resolves Last Major Outstanding Claim, Updates Transformation Plan and Provides Certain Preliminary Financial Results of the Third Quarter of Fiscal 2024 IRVINE, Calif., Nov. 04, 2024 (GLOBE NEWSWIRE) — Shimmick Corp. (NASDAQ: SHIM) (“Shimmick” or the “Company”), a leading water infrastructure company, today announced a settlement in its Golden Gate Bridge Project (the “GGB Project” or “project”). The litigation associated with this project was notably the Company’s last major outstanding legal claim that related to its legacy projects. Under the terms of the settlement and through its joint venture with Danny’s Construction Co. LLC, Shimmick/Danny’s Joint Venture (“SDJV”), Shimmick will receive $97 million before the end of 2024 as reimbursement for costs incurred on the GGB Project. In addition, the outstanding scope of work...

IRADIMED CORPORATION Named to Fortune’s 100 Fastest Growing Companies List for 2024

Written by Customer Service on November 4, 2024. Posted in Public Companies.

WINTER SPRINGS, Fla., Nov. 04, 2024 (GLOBE NEWSWIRE) — IRADIMED CORPORATION (the “Company”) (NASDAQ: IRMD) was recently named one of Fortune’s 100 Fastest Growing Companies for 2024. Iradimed is a leader in the development of innovative magnetic resonance imaging (“MRI”) medical devices and the only provider of a non-magnetic intravenous (“IV”) infusion pump system, and non-magnetic patient vital signs monitoring systems that are designed for use during MRI procedures. “Being recognized by Fortune as one of the 100 Fastest Growing Companies for 2024 is a tremendous honor,” said Roger Susi, President and Chief Executive Officer of the Company. “This achievement underscores our team’s passion and dedication on delivering innovative medical equipment and value-add to our customers to improve the quality of care. As we continue executing...

Workhorse Group Sets Third Quarter 2024 Earnings Call for Thursday, November 14, 2024 at 10:00 a.m. ET

Written by Customer Service on November 4, 2024. Posted in Public Companies.

CINCINNATI, Nov. 04, 2024 (GLOBE NEWSWIRE) — Workhorse Group Inc. (Nasdaq: WKHS) (“Workhorse” or “the Company”), an American technology company focused on pioneering the transition to zero-emission commercial vehicles, will hold a conference call on Thursday, November 14th at 10:00 a.m. Eastern time (7:00 a.m. Pacific time) to discuss its financial results for the third quarter ended September 30, 2024 as well as the Company’s plans and outlook. Financial results will be issued in a press release prior to the call. Workhorse management will host a presentation, followed by a question-and-answer period. Date: Thursday, November 14, 2024Time: 10:00 a.m. Eastern time (7:00 a.m. Pacific time)U.S. dial-in: 877-407-8289International dial-in: 201-689-8341 Please call the conference telephone number 10 minutes prior to the start time....

Consumer Portfolio Services Partners with SentiLink to Enhance Fraud Prevention

Written by Customer Service on November 4, 2024. Posted in Public Companies.

AI Fraud Protection Technology Reduces Fraud Exposure by Approximately $1 Million Per Quarter So Far LAS VEGAS, NV, Nov. 04, 2024 (GLOBE NEWSWIRE) — Consumer Portfolio Services, Inc. (Nasdaq: CPSS) (“CPS” or the “Company”), a leader in providing indirect automobile financing to consumers, today announced that it has partnered with SentiLink, a leading provider of advanced identity verification and fraud detection solutions. The partnership enables CPS to improve its fraud prevention efforts while also saving the Company approximately $1 million per quarter so far. SentiLink’s AI-driven technology analyzes key identity and fraud indicators to generate actionable reports for CPS, helping the Company lend to legitimate, verified borrowers. This improvement in fraud detection directly supports CPS’s goal of significantly reducing lifetime...

Parker Completes Divestiture of North America Composites & Fuel Containment Division

Written by Customer Service on November 4, 2024. Posted in Mergers And Acquisitions.

CLEVELAND, Nov. 04, 2024 (GLOBE NEWSWIRE) — Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today announced it has completed the previously announced divestiture of its North America Composites and Fuel Containment (CFC) Division to private investment firm SK Capital Partners. “We are pleased to have completed this sale for the North America Composites and Fuel Containment Division,” said Jenny Parmentier, Chairman and Chief Executive Officer. “One element of our strategy is assessing whether we are the best owner for certain businesses or whether they could be more successful as part of another organization. We wish the CFC team continued success under the ownership of SK Capital Partners, whom we are confident has the expertise to help this already strong business achieve its full...

Day: November 4, 2024

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