Day: November 4, 2024

THOR Integrated Device With 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 patients Amsterdam, 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...

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...

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...

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...

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....

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...