Day: January 21, 2025

Acquisition of distributor business expands Intuitive’s investment and footprint in Europe SUNNYVALE, Calif., Jan. 21, 2025 (GLOBE NEWSWIRE) — Intuitive (NASDAQ:ISRG), a global technology leader in minimally invasive care and the pioneer of robotic-assisted surgery, announced today it intends to establish a direct presence in Italy, Spain, Portugal, Malta, and San Marino, and associated territories via the acquisition of the da Vinci and Ion distribution businesses in these countries. Intuitive has entered into this agreement, subject to regulatory approvals, with the current Intuitive technology distributors ab medica, Abex, Excelencia Robotica, and their affiliates to purchase their Intuitive product-related business. The transaction will not close until 2026, after approvals have been received and closing conditions met. “Intuitive...

Buford, GA, Jan. 21, 2025 (GLOBE NEWSWIRE) — ScanTech AI Systems, Inc. (“ScanTech” or the “Company”) is pleased to announce today the appointment of its new Chief Financial Officer, James White. With more than two decades of experience in private and public company financial reporting, compliance, and operational infrastructure, Mr. White has built a reputation for driving operational excellence and fostering growth. Mr. White is a seasoned, multi-state Certified Public Accountant (CPA) with a distinguished career spanning over twenty years. As a former Senior Manager in the Assurance Practice at Ernst & Young LLP, he is well-versed in SEC reporting, compliance with the Sarbanes-Oxley Act, PCAOB standards, direct public equity and debt offerings, business combinations and dispositions, as well as internal auditing and corporate...

Prospective home buyers are invited to the grand opening event this Saturday, January 25 to tour the stunning Avelina and Vidara model homes IRVINE, Calif., Jan. 21, 2025 (GLOBE NEWSWIRE) — Toll Brothers, Inc. (NYSE: TOL), the nation’s leading builder of luxury homes, has announced the grand opening of two new Southern California model homes at Elevate by Toll Brothers at Great Park Neighborhoods. The professionally decorated Avelina and Vidara model homes will be unveiled during a special event on Saturday, January 25 from 11 a.m. to 2 p.m. at the Elevate by Toll Brothers community located at 105 Apron in Irvine, California. “The new Avelina and Vidara model homes showcase the exceptional design and luxury features that Toll Brothers is known for,” said Brad Hare, Division President of Toll Brothers in Southern California. “We...

Reference is made to the stock exchange announcement 1 October 2024, informing that three bank lenders, and the bondholders in two bond loans had decided to have their debt settled at the end of 2024 in accordance with the terms of the restructuring agreement. It was also reported that three banks chose to extend the restructuring agreement by one year related to two vessels in operation and four sold vessels. Reference is also made to the stock exchange announcement of 30 December 2024, where settlement of the debt related to Havila Borg, Havila Clipper, Havila Fanø and Havila Subsea was announced. Cash settlement of NOK 499.6 million was refinanced by a bond issue and non-interest-bearing debt of NOK 522.3 million was converted into shares.  Three banks that extended the restructuring agreement are financing the PSV vessel Havila Foresight...

PALO ALTO, Calif., Jan. 21, 2025 (GLOBE NEWSWIRE) — Scilex Holding Company (Nasdaq: SCLX, “Scilex” or “Company”), an innovative revenue-generating company focused on acquiring, developing and commercializing non-opioid pain management products for the treatment of acute and chronic pain and, following the formation of its proposed joint venture with IPMC Company, neurodegenerative and cardiometabolic disease, today announced that it has received notification from The Nasdaq Stock Market LLC that the Company has regained compliance with Nasdaq Listing Rule 5250(c)(1) as a result of the filing of its Quarterly Report on Form 10-Q for the quarter ended September 30, 2024. For more information on Scilex Holding Company, refer to www.scilexholding.com For more information on Semnur Pharmaceuticals, Inc., refer to www.semnurpharma.com For...

COMPANY ANNOUNCEMENT no. 03 – 21 January 2025 2024 EBIT of DKK 1.5bn 2025 EBIT outlook of around DKK 1.0bn Financial ambitions for 2026/27 no longer applicable“Most of our business units are set to uphold performance in 2025, but we do have specific challenges to resolve in 2025 before we again can deliver a satisfactory earnings level. The main ones are an adaptation of our Mediterranean network to recent market changes and the planned financial turnaround of our new Turkish transport company”, says Torben Carlsen, CEO of DFDS.   Preliminary results for 2024     DFDS’ revenue for 2024 increased 9.0% to DKK 29.8bn which was in line with the latest outlook revenue growth range of 8-10%. The 2024 EBIT was DKK 1.5bn in line with the latest EBIT outlook range of DKK 1.5-1.7bn. The adjusted free cash flow for 2024 was DKK...

  Alstom’s third quarter 2024/25: confirmed outlook for FY 2024/25    Q3 Order intake at €4.3 billion, 9 months at €15.2 billion Q3 Sales at €4.7 billion, 9 months at €13.4 billion – up 5.3% vs last year, of which 6.9% organic Fiscal year 2024/25 outlookBook-to-bill above 1 and sales organic growth around 5% aEBIT margin around 6.5% Free Cash Flow within the range €300 million to €500 million21 January 2025 – Over the third quarter of 2024/25 (from 1 October to 31 December 2024), Alstom booked €4.3 billion of orders. The Group’s sales reached €4.7 billion in the quarter and Rolling Stock production output totalled 1,098 cars. For the first nine months of 2024/25 (from 1 April to 31 December 2024), Alstom’s order intake reached €15.2 billion, compared to €13.9 billion for the same period last fiscal year. The Group sales increased...

PHOENIX, AZ, CHESAUX-SUR-LAUSANNE, Switzerland, and HARRISBURG, N.C., USA, Jan. 21, 2025 (GLOBE NEWSWIRE) — Kudelski IoT, a division of the Kudelski Group (SIX: KUD.S) and a pioneer in digital security and IoT solutions, and KEYper Systems, an ASSA ABLOY company, today announced a strategic collaboration to transform key management for car dealerships. The partnership brings together the secure key storage and checkout solutions of KEYper Systems with the advanced, real-time dealershipwide key location tracking capabilities of Kudelski IoT’s RecovR for Keys. Car dealerships face significant challenges due to key mismanagement, leading to operational inefficiencies and financial losses. While specific statistics on key loss are scarce, RecovR’s customer survey indicates that dealerships lose an average of $30,000 per year due to...