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Year: 2024

Quadient Launches SimplyMail in Europe to Help Small Businesses Leverage Digital Solutions to Enhance Efficiency in Mail Operations

Quadient (Euronext Paris: QDT), a global automation platform powering secure and sustainable business connections, today announced the launch in Europe of SimplyMail, a solution designed to address the growing needs for smaller businesses to automate and optimize their mail operations with ease. Small businesses often face the challenge of managing time-consuming tasks like mail and parcel handling while trying to stay agile and efficient, especially in remote work environments. SimplyMail, designed by Quadient’s research and development teams, offers a simple, user-friendly SaaS solution that enables small businesses to send physical mail—including registered letters—and parcels with just a few clicks, all from their existing digital environment. The solution enhances flexibility and efficiency without the need for complex IT systems...

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Governance Evolution at BIC

                             GOVERNANCE EVOLUTION AT BIC BIC Announces Preparations for CEO Gonzalve BichDeparture by September 30th, 2025 Clichy, France – December 11, 2024 – Today, the BIC Board of Directors and Gonzalve Bich have announced that they will begin a transition process intended to close out Gonzalve’s tenure and appoint a new CEO by September 30th, 2025. Having acknowledged Gonzalve’s decision, the BIC Board of Directors collectively wishes to thank Gonzalve publicly for his achievements and contributions during his over two decades of service to BIC. Gonzalve will continue to perform his duties until his departure, ensuring a coordinated and gradual transition so that the Group can maintain momentum, a profitable growth trajectory and its commercial discipline. Accordingly, Gonzalve has agreed to carry on his duties...

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MR. ÉRIC DONNET IS APPOINTED AT THE SUPERVISORY BOARD OF ARGAN

Press release – Neuilly-sur-Seine, Wednesday, December 11, 2024 – 5.45 pm Mr. Éric Donnet is appointed at the Supervisory Board of ARGAN Upon proposal of the Nominations and Remuneration Committee, ARGAN’s Supervisory Board, which met on December 10, 2024, has unanimously decided to appoint Mr. Éric DONNET as an independent member of the Supervisory Board, upon this day. Mr. Éric DONNET graduated from the ICN (Institut Commercial de Nancy) and holds a DESCF (French master’s degree in management control, accountancy and financial management), and has acquired over 25 years of experience in the financial and real estate fields. He was, more particularly, the CEO of Groupama Immobilier and Chairman of Groupama Gan REIM from 2014 to 2024. He is now the CEO of the Daniel Féau group, since March 2024. This appointment is provisional to replace...

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BIC ACQUIRES TANGLE TEEZER, A PREMIUM DETANGLING HAIRCARE COMPANY

BIC ACQUIRES TANGLE TEEZER, A PREMIUM DETANGLING HAIRCARE COMPANY Acquisition of a market-leading, fast-growing and profitable brand Builds upon BIC’s capabilities to further accelerate innovation and synergies in an attractive high growth segment Clichy, France – December 11, 2024 – BIC announced today the acquisition of Tangle Teezer, a premium detangling haircare company. In a world where consumers are increasingly turning to brands that prioritize high quality and exceptional value, Tangle Teezer and BIC share a common DNA — delivering joy and simplicity in everyday life while championing innovative solutions and industrial excellence. BIC acquired 100% of Tangle Teezer for a total consideration of approximately €200 million1. Tangle Teezer is a pioneering, fast-growing and profitable haircare company headquartered in London, United...

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Faropoint Expands Capabilities with New Industrial Development Project in Southern New Jersey

Tech-Enabled Firm to Develop 73,800 SF Class A Industrial Property in Strategic Location HOBOKEN, N.J., Dec. 11, 2024 (GLOBE NEWSWIRE) — Faropoint, a leading tech-enabled US industrial real estate investment manager, today announced the acquisition of 9.18 acres of land in Greenwich, New Jersey for a new development project. The off-market acquisition, located at Block 255, Lot 1.02 on Swedesboro Road, aligns with Faropoint’s strategy of identifying opportunities in key logistics markets. Faropoint plans to develop a 73,800 square foot Class A industrial property on the site, featuring state-of-the-art specifications including 1,600 amps of 480v power, 15 loading positions, 2 drive-in doors, ESFR sprinkler systems, and a 32′ clear height. Faropoint has secured final site plan approval for the project. Benjamin Wachs,...

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Vishay Intertechnology 1 Form A Solid-State Relay Offers 600 V Load Voltage and Isolation Voltage of 3750 VRMS in SOP-4 Package

Space-Saving, Industrial-Grade Device Combines Fast Turn-on Time of 0.3 ms Typical With Low Leakage Current of 2 nA MALVERN, Pa., Dec. 11, 2024 (GLOBE NEWSWIRE) — Vishay Intertechnology, Inc. (NYSE: VSH) today introduced a 1 Form A solid-state relay offering a 600 V load voltage and isolation voltage of 3750 VRMS in the low profile SOP-4 package. Designed to deliver fast switching for energy storage, industrial and mobility applications, the Vishay Semiconductors VOR1060M4 provides a fast turn-on time of 0.3 ms typical and low leakage current of 2 nA. The optically isolated device released today combines a state of the art infrared emitter and photovoltaic diode to deliver its fast turn-on time, which makes it ideal for safety-critical applications. The solid-state relay’s low leakage current allows the device to be used in sensitive...

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RCI Banque discloses Capital Requirements following the 2024 SREP final decision.

PRESS RELEASE   December 11th, 2024    RCI Banque discloses Capital Requirements following the 2024 SREP final decision. As part of the 2024 exercise of the supervisory review and evaluation process (“SREP”), the European Central Bank has notified RCI Banque of its final decision regarding the capital requirement the Bank must respect in 2025. As of January 1, 2025(*), the Pillar 2 requirement (P2R) will be 2.25% compared to 2.00% in January 2024. Starting from January 1, 2025, RCI Banque will be required to meet the following capital requirements:    Minimum capital requirements  Total Pilllar 1 Pillar 21 Buffers2CET13   11.48% 6.00% 2.23% 3.25%Ow CET1 (Regulatory)   9.02% 4.50% 1.27% 3.25%Ow RCI AT1 Shortfall4   1.92% 1.50% 0.42% 0.00%Ow RCI AT2 Shortfall5   0.54% 0.00% 0.54% 0.00%Total ratio   13.50% 8.00% 2.25% 3.25%As...

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SKEL fjárfestingafélag hf.: Market-Making Agreement

SKEL fjárfestingafélag hf. (“SKEL”) has entered into a market-making agreement with Landsbankinn for its issued shares. The purpose of this agreement is to enhance trading activity in SKEL’s shares on Nasdaq Iceland, increase liquidity, establish market value, and ensure transparent and efficient price formation. Under the agreement, Landsbankinn is required to maintain bid and ask prices with a minimum market value of ISK 8 million. The maximum daily net trading volume is ISK 16 million in market value, calculated as the difference between bid and ask prices entered into the market. The maximum price spread between bid and ask prices is determined by the 10-day volatility of SKEL’s share price. If the 10-day volatility is below 30%, the volume-weighted price spread will be 2.0%; otherwise, it will be 4.0%. The parties aim, though...

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RAMM Pharma Corp. Provides Update on Litigation

Not for Dissemination in the US or through US Newswire Services TORONTO, Dec. 11, 2024 (GLOBE NEWSWIRE) — RAMM Pharma Corp. (including its wholly owned subsidiaries, the “Company” or “RAMM”) (CSE: RAMM), is providing an update on its dispute with Sergio Martines and Naturale Science Inc. (plaintiffs), as previously reported in its press release of May 21st 2024. The Judge has dismissed the plaintiffs’ claim in the amount of CAD 3,139,931.30 and has awarded Martines CAD 14,971.80 in unpaid expenses. The Judge has also dismissed RAMM’s counterclaim in the amount of CAD 14,220,000. Reasons for Judgement, published on December 9th, 2024, may be accessed at the Ontario Superior Court of Justice website. About RAMM Pharma Corp. RAMM Pharma is active in the field of cannabinoid pharmacology and product formulation for cannabis-based...

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Winnebago Industries Named One of America’s Most Responsible Companies for Third Straight Year

EDEN PRAIRIE, Minn., Dec. 11, 2024 (GLOBE NEWSWIRE) — Winnebago Industries, Inc. (NYSE: WGO), a leading manufacturer of outdoor recreation products, has been named to the list of America’s Most Responsible Companies 2025 by Newsweek. This is the third consecutive year Winnebago Industries has been recognized for its extensive corporate social responsibility efforts and excellence in prioritization of environmental, social, and corporate governance (ESG) initiatives. “At Winnebago industries, our commitment to support our communities, protect the environment and enable accessibility and inclusion in the outdoors is a part of our DNA,” said Winnebago Industries President and CEO, Michael Happe. “We are proud to accept this award on behalf of our employees who work every day to ensure we live our values: Do the right thing, put people...

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