Day: December 4, 2024

Press ReleaseNicox Announces First Commercial Sale of ZERVIATE in China by Partner Ocumension, Creating a New Recurrent Revenue Stream First commercialized product from the Nicox-Ocumension collaboration Recent acquisitions have enhanced OcuMension’s leadership in the ophthalmology field in the China market Product made available quickly after approval thanks to a rapid manufacturing campaign at Ocumension’s state-of-the-art factory Major milestone for this strong collaboration, which also includes our lead asset, NCX 470, where recruitment was just completed in the Denali Phase 3 trialDecember 4, 2024 – release at 7:30 am CETSophia Antipolis, France Nicox SA (Euronext Growth Paris: FR0013018124, ALCOX), an international ophthalmology company, today announced the first commercial sale of ZERVIATE® (cetirizine ophthalmic...

KH Group PlcPress release 4 December 2024 at 8:50 am EET KH Group: Indoor Group’s change negotiations have been concluded — the new operating model will be rolled out across the country   On 15 August 2024, KH Group announced an operating model reform programme aimed at improving the group company Indoor Group’s profitability. Change negotiations related to the reform began on 21 October 2024 and the scope of the negotiations covered 635 employees. At the start of the negotiations, the company estimated that the planned changes would lead to the termination of up to 200 positions. The outcome of the change negotiations is that 162 employment relationships will be terminated in Indoor Group. The change negotiations that have now been concluded are part of the company’s extensive operating model reform, which is focused on the nationwide...

  The share buyback programme is launched with reference to the authorisation to acquire treasury shares granted by the general meeting on 21 March 2024. The authorisation is valid until 31 December 2025 and allows Tryg to acquire shares with a total nominal value of up to DKK 308,196,054 corresponding to app. 10% of its share capital. The share buyback programme will start on 04 December 2024 and end no later than 30 June 2025. The share buyback programme will be executed in accordance with EU Market Abuse Regulation, EU Regulation no. 596/2014 of 16 April 2014 and the provisions of Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016 (the “Safe Harbour Regulation”). Tryg has appointed Danske Bank A/S as lead manager of the share buyback programme. Under a separate agreement, Danske Bank A/S will within the announced limits...

  Today, Tryg is hosting a Capital Markets Day in London to launch its new strategy “Leveraging scale to drive technical and commercial excellence” and setting new, ambitious, financial targets for 2027. Tryg expects to meet all the 2024 financial targets set at the previous Capital Markets Day in 2021. New financial targets and launch of DKK 2bn share buyback programTryg has set new financial targets for 2027. The company targets an insurance service result between DKK 8.0bn – 8.4 bn in 2027 driven by a Combined ratio around 81. These targets are based on the current level of interest rates, currency levels, and normalized levels of large and weather claims. The return on own funds is targeted between 35-40% in 2027, supported by a de-risking of the investment portfolio. During October and November 2024, Tryg sold DKK 7.4 bn of equities,...

Initial production slated for 2027, expected output of 55,000 300mm wafers per month in 2029VSMC Celebrates Breaking Ground on 300mm Fab in SingaporeThe event was attended by (from left to right): Yvonne Lim, Group Director, JTC; Mike Mevissen, Senior Vice President, NXP Semiconductors; Andy Micallef, Executive Vice President and Chief Operations and Manufacturing Officer, NXP Semiconductors; Dr. Tan See Leng, Minister for Manpower and Second Minister for Trade and Industry; Leuh Fang, Chairman, VSMC and VIS; F.C. Tseng, Vice Chairman, VIS; Arthur Chuang, Vice President, TSMC; Cindy Koh, Executive Vice President, EDBSINGAPORE, Dec. 04, 2024 (GLOBE NEWSWIRE) — VisionPower Semiconductor Manufacturing Company Pte Ltd (VSMC), the joint venture formed in September, 2024 by Vanguard International Semiconductor Corporation (VIS,...

Company honored as Rand McNally Safety Program of the Year, while Marshall Rushworth receives Safety Leader of the Year award for transformative leadership in fleet safety CHATTANOOGA, Tenn., Dec. 04, 2024 (GLOBE NEWSWIRE) — Covenant Logistics Group, Inc. (NYSE: CVLG), a leading transportation and logistics provider, is proud to announce its recognition as a Rand McNally Safety Program of the Year winner for 2024. This recognition celebrates Covenant’s dedication to advancing fleet safety through proactive management, innovative technology, and a deeply ingrained safety culture. In addition to this prestigious honor, Covenant’s Marshall Rushworth, Director of Fleet Safety Technology, was named the Rand McNally 2024 Safety Leader of the Year. This individual award highlights Rushworth’s visionary leadership in building and guiding...

HOUSTON, Dec. 03, 2024 (GLOBE NEWSWIRE) — Intuitive Machines, Inc. (Nasdaq: LUNR, LUNRW) (“Intuitive Machines” or the “Company”), a leading space exploration, infrastructure, and services company, announced today the pricing of an upsized offering of 9,523,810 shares of its Class A common stock (“Class A Common Stock”) at a price to the public of $10.50 per share (the “Public Offering Price”) (the “Offering”). As part of the Offering, the Company and a selling stockholder granted the underwriters a 30-day option to purchase up to an additional 1,275,714 and 152,857 shares of Class A Common Stock from the Company and such selling stockholder, respectively. The Offering is expected to close on December 5, 2024, subject to customary closing conditions. Additionally, the Company will issue 952,381 shares of Class A Common Stock to...