Day: November 10, 2024

NOVONIX and Stellantis Sign Binding Offtake Agreement

Written by Customer Service on November 10, 2024. Posted in Public Companies.

Offtake for NOVONIX’s high-performance synthetic graphite material to be supplied to Stellantis’ cell manufacturing partners in North America Agreement for up to a target volume of 115,000 tonnes of synthetic graphite material from 2026-2031BRISBANE, Australia, Nov. 10, 2024 (GLOBE NEWSWIRE) — NOVONIX Limited (NASDAQ: NVX, ASX: NVX) (“NOVONIX” or the “Company”), a leading battery materials and technology company, and Stellantis NV (“Stellantis”), a leading automotive company, today announced the signing of a binding offtake agreement for a minimum of 86,250 tonnes, up to a target volume of 115,000 tonnes of high-performance synthetic graphite material. The material will be supplied to Stellantis’ cell manufacturing partners in North America over a six-year term starting in 2026 from NOVONIX’s Riverside facility and a planned...

RadNet Reports Third Quarter Financial Results with Record Quarterly Revenue and Adjusted EBITDA⁽¹⁾ and Revises Upwards 2024 Financial Guidance Ranges

Written by Customer Service on November 10, 2024. Posted in Earnings Releases And Operating Results.

Total Company Revenue increased 14.7% to $461.1 million in the third quarter of 2024 from $402.0 million in the third quarter of 2023; Revenue from the Digital Health reportable segment (inclusive of intersegment revenue) increased 34.3% to $16.4 million in the third quarter of 2024 from $12.2 million in the third quarter of 2023 Digital Health Revenue growth resulted in part from a $2.2 million (or 75.8%) increase in AI Revenue, which climbed to $5.1 million during the third quarter of 2024 from $2.9 million in the third quarter of 2023 Total Company Adjusted EBITDA(1) was $73.7 million in the third quarter of 2024 as compared with $57.9 million in the third quarter of 2023, an increase of 27.2%; Digital Health reportable segment Adjusted EBITDA(1) increased 41.7% to $3.3 million in the third quarter of 2024 from $2.3 million in the...

Sisecam’s Nine-Month Net Sales Reach 136 Billion TL

Written by Customer Service on November 10, 2024. Posted in Earnings Releases And Operating Results.

With production operations spanning 14 countries across four continents and sales in over 150 countries, Sisecam achieved consolidated net sales of 136 billion TL in the first nine months of 2024. During this period, international sales accounted for 59 percent of total sales, while total investments reached 18.6 billion TL and exports amounted to 730 million USDSisecam HeadquartersSisecam HeadqurtersISTANBUL, Nov. 11, 2024 (GLOBE NEWSWIRE) — Sisecam announced its financial results for the first nine months of 2024. In this period, consolidated net sales reached 136 billion TL. International sales, representing the sum of exports from Türkiye and sales from production facilities outside Türkiye, accounted for 59 percent of total sales. Total investment in the first nine months reached 18.6 billion TL, while exports amounted...

Tenaris to Commence a USD 700 million Share Buyback Program

Written by Customer Service on November 10, 2024. Posted in Public Companies.

LUXEMBOURG, Nov. 10, 2024 (GLOBE NEWSWIRE) — Tenaris S.A. (NYSE and Mexico: TS and EXM Italy: TEN) (“Tenaris”) announced today that pursuant to its USD700 million Share Buyback Program (the “Program”) announced on November 6, 2024, to be executed in the open market, it has entered into a non-discretionary buyback agreement with a primary financial institution (the “Bank”). The Bank will make its trading decisions concerning the timing of the purchases of Tenaris’s ordinary shares independently of and uninfluenced by Tenaris and will act in compliance with applicable rules and regulations, including the Market Abuse Regulation 596/2014 and the Commission Delegated Regulation (EU) 2016/1052 (the “Regulations”). Under the buyback agreement, purchases of shares may continue during any closed periods of Tenaris in accordance with the...

$HAREHOLDER ALERT: The M&A Class Action Firm Investigates the Merger and Upcoming Vote of CAC, OB, SMAR and PFC

Written by Customer Service on November 10, 2024. Posted in Mergers And Acquisitions.

NEW YORK, Nov. 10, 2024 (GLOBE NEWSWIRE) — NEW YORK, November 10, 2024 /GlobeNewswire/– Monteverde & Associates PC (the “M&A Class Action Firm”), has recovered millions of dollars for shareholders and is recognized as a Top 50 Firm by ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating:Camden National Corp. (Nasdaq: CAC), relating to its proposed merger with Northway Financial, Inc. Under the terms of the agreement, Camden common stock will automatically be converted into the right to receive 0.83 shares of Northway stock.ACT NOW! The Shareholder Vote is scheduled for December 17, 2024. Click here for more information https://monteverdelaw.com/case/camden-national-corp/. It is free and there is no cost or obligation to you.Outbrain...