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Day: December 4, 2024

Kyndryl and Nokia announce expanded portfolio of partnership solutions to bring advanced data center networking services to enterprises

Press ReleaseKyndryl and Nokia announce expanded portfolio of partnership solutions to bring advanced data center networking services to enterprisesExpansion of partnership solutions aimed at enterprise IT data center growth and modernization to support strategic digital transformation initiatives4 December 2024Espoo, Finland and New York – Kyndryl, the world’s largest IT infrastructure services provider, and Nokia today announced an expansion of their partnership portfolio to offer advanced data center networking solutions and services to global enterprises. By combining Kyndryl’s enterprise knowledge and experience in designing, building and managing hybrid cloud and data center environments with Nokia’s high-performance, reliable data center networking infrastructure solution with embedded security capabilities, the partners will...

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John Munday named CEO of Colliers UK

Industry leader to drive strategic directionJohn Munday named CEO of Colliers UKJohn Munday will be promoted to Chief Executive Officer (CEO) of Colliers UK, effective 3 March 2025.LONDON, Dec. 04, 2024 (GLOBE NEWSWIRE) — Leading global diversified professional services company Colliers announced today that John Munday will be promoted to Chief Executive Officer (CEO) of Colliers UK, effective 3 March 2025. Munday will set the strategic direction of the top-tier UK transactional and advisory services business of more than 1,000 employees. With 30 years of industry expertise, Munday has rapidly grown businesses that offer diverse property services to clients and advanced the careers of the people within those organisations. He joined Colliers in 2022 as Co-Head of Project & Building Consultancy following the establishment...

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THOR Industries Announces First Quarter Fiscal 2025 Results

Continues to Position Company to Excel Upon Market Return Fiscal 2025 First Quarter Highlights($ in thousands, except for per share data)  Three Months Ended October 31,    2024   2023  Net Sales $ 2,142,784     $ 2,500,759    Gross Profit $ 281,442     $ 357,932    Gross Profit Margin %   13.1 %     14.3 %  Net Income (Loss) Attributable to THOR $ (1,832 )   $ 53,565    Diluted Earnings (Loss) Per Share $ (0.03 )   $ 0.99    Cash Flows from Operations $ 30,740     $ 59,668                     EBITDA(1) $ 81,733     $ 160,057    Adjusted EBITDA(1) $ 107,782     $ 166,918       (1) See reconciliation of non-GAAP measures to most directly comparable GAAP financial measures included in this release     Key Takeaways from Fiscal 2025 First QuarterFirst quarter performance continued to be impacted...

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IREN prices upsized $400 million convertible notes offering

SYDNEY, Dec. 04, 2024 (GLOBE NEWSWIRE) — IREN Limited (NASDAQ: IREN) (ACN 629 842 799) (“IREN”) today announced the pricing of its offering of $400 million aggregate principal amount of 3.25% convertible senior notes due 2030 (the “notes”) in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). Key details of the transaction$400 million convertible senior notes offering (3.25% coupon, 30% conversion premium) Offering size was increased from the previously announced offering size of $300 million aggregate principal amount of notes Capped call transactions entered into in connection with the notes, which are expected generally to provide a hedge upon conversions up to an initial cap price of $25.86 per share,...

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Sonoco Completes Acquisition of Eviosys

Creates a Global Leader in Metal Food and Aerosol Can Manufacturing Advances Sonoco’s Portfolio Transformation Strategy HARTSVILLE, S.C., Dec. 04, 2024 (GLOBE NEWSWIRE) — Sonoco Products Company (“Sonoco” or the “Company”) (NYSE: SON), a global leader in high-value sustainable packaging, today announced the close of its acquisition of Eviosys, Europe’s leading food cans, ends and closures manufacturer, from KPS Capital Partners, LP (“KPS”). The transaction advances Sonoco’s portfolio transformation strategy to simplify and realign its portfolio and position the Company for long-term growth and value creation. Sonoco announced its intent to acquire Eviosys on June 24, 2024. Following the integration process, Eviosys will transition to the Sonoco brand over the coming months and will operate under Sonoco’s Consumer Packaging segment.  Forward-Looking...

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Atos dévoile les lauréats de la 15ème édition de son concours Handi-Entrepreneurs

Communiqué de presse Atos dévoile les lauréats de la 15ème édition de son concours Handi-Entrepreneurs Paris, France, le 4 décembre 2024 – Le Groupe Atos annonce aujourd’hui les lauréats de la 15ème édition de son concours Handi-Entrepreneurs visant à soutenir la démarche d’innovation et l’esprit d’entreprendre des personnes en situation de handicap. Cette année, trois lauréats et un « coup de cœur » ont été distingués pour leur créativité et leurs initiatives entrepreneuriales novatrices. Les critères suivants ont guidé le jury dans l’évaluation des projets : •        Originalité de l’entreprise ou du produit •        Parcours du créateur •        Cohérence des chiffres, stratégie et montage et du projet •        Potentiel de développement et cohérence avec les filières d’activité du Groupe Atos La cérémonie a été introduite par Juliette...

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Vaisala launches robust ultrasonic wind sensor for optimized wind turbine and maritime performance

WM80 frontWM80 frontWM80 heatingWM80 heatingMatthieu BoquetMatthieu BoquetMikko NikkanenMikko NikkanenVaisalaPress releaseDecember 4, 2024 Vaisala launches robust ultrasonic wind sensor for optimized wind turbine and maritime performance Engineered specifically for the demanding conditions of onshore and offshore wind farms and maritime environments, the Vaisala WM80 delivers accurate, reliable wind data – even in severe weather. Designed to withstand the unique challenges and wide range of conditions in both wind energy and maritime applications, the robust Vaisala Ultrasonic Wind Sensor WM80 brings accurate wind information to wind turbine control, offshore vessel dynamic positioning and navigation systems, enhancing performance and safety. “Leaning on insights from multiple decades of experience...

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Himax Announces $20 Million Share Buyback Program

TAINAN, Taiwan, Dec. 04, 2024 (GLOBE NEWSWIRE) — Himax Technologies, Inc. (“Himax” or “Company”) (Nasdaq: HIMX) today announced that its Board of Directors has approved a share buyback program. The program authorizes the Company to repurchase up to $20 million of the Company’s American Depository Shares (“ADSs”) in the open market or through privately negotiated transactions. The program will take effect immediately, does not obligate Himax to repurchase any specific amount of ADSs and may be modified or suspended at the Company’s discretion at any time. “Since our IPO in 2006, Himax has returned more than one billion dollars to shareholders through buybacks and dividends. This share buyback program underscores our commitment to enhancing shareholder value and confidence in Himax’s market leadership and long-term growth prospects,...

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Summary of the EfTEN EfTEN Real Estate Fund AS webinars

On December 3, 2024, webinars of EfTEN Real Estate Fund AS were held, where:Viljar Arakas, the board member of the fund, introduced the secondary public offering of the EfTEN Real Estate Fund AS shares in Estonian; Laurynas Žilys, head of EfTEN Capital Lithuania, introduced the secondary public offering of the EfTEN Real Estate Fund AS shares in Lithuanian.The EfTEN Real Estate Fund AS would like to thank all participants. The recording of the webinar can be followed in Estonian language up here and the presentation is available at the fund’s web page here. The recording of the webinar can be followed in Lithuanian language up here and the presentation is available in English at the fund’s web page here. Public offering of the shares ends on December 6, 2024 at 15:30 (EET). Viljar ArakasMember of the Management BoardPhone +372...

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Syensqo launches the second tranche of its Share Buyback Program

Syensqo launches the second tranche of its Share Buyback Program Brussels, Belgium – December 4, 2024 07:00 CET SYENSQO SA (the “Company”) announces today that pursuant to its Share Buyback Program (the “Program”) announced on September 30, 2024, covering up to €300 million, the Company launches the second tranche of this Program. The second tranche of the Program will start on December 4th, 2024 and will run until February 26, 2025 at the latest, and will cover a maximum amount of up to € 50 million.  It will be implemented under the conditions set out in the authorization granted by the Extraordinary Shareholders’ Meeting of the Company on December 8, 2023 and carried out by a financial intermediary in compliance with applicable rules and regulations. The Company intends to cancel all shares acquired through this second tranche. Contacts...

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