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Month: January 2025

Himax and AUO Partner to Showcase Revolutionary AmLED® Integrated Automotive Display Platform at CES 2025

Combining AUO’s Display HMI and Himax’s Most Comprehensive Automotive IC Technologies to Shape the Future of Smart, Sustainable In-Car Displays TAINAN, Taiwan, Jan. 07, 2025 (GLOBE NEWSWIRE) — Himax Technologies, Inc. (“Himax” or “Company”) (Nasdaq: HIMX), an industry leader in fabless display driver ICs and semiconductors, and AUO Corporation (“AUO”) (TWSE: 2409), a technology-driven company advancing the frontier of display innovation, today announced their collaboration to showcase AUO’s groundbreaking Display HMI—AmLED® integrated automotive display platform, featuring Himax’s advanced automotive IC solutions at CES 2025. Together, AUO and Himax form an intelligent automotive display platform that sets new benchmarks for clarity, functionality, and sustainability in smart cockpit experiences for modern vehicles. As the automotive...

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NCL Corporation Ltd. Announces Pricing of $1,800 Million of Senior Notes

MIAMI, Jan. 07, 2025 (GLOBE NEWSWIRE) — NCL Corporation Ltd. (“NCLC”), a subsidiary of Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH), announced today that it has priced $1,800 million aggregate principal amount of its 6.750% senior notes due 2032 (the “Notes”), which were offered in a private offering (the “Notes Offering”) that is exempt from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”). The offering of the Notes is expected to close on January 22, 2025, subject to customary closing conditions. We intend to use the net proceeds from the Notes Offering, together with cash on hand, to redeem $1,200.0 million aggregate principal amount of the 5.875% Senior Notes due 2026 (the “2026 Senior Notes”) and $600.0 million aggregate principal amount of the 8.375% Senior Secured Notes due...

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Plains All American Pipeline and Plains GP Holdings Announce Quarterly Distributions and Timing of Fourth Quarter 2024 Earnings

HOUSTON, Jan. 07, 2025 (GLOBE NEWSWIRE) — Plains All American Pipeline, L.P. (Nasdaq: PAA) and Plains GP Holdings (Nasdaq: PAGP) announced today their quarterly distributions with respect to the fourth quarter of 2024 and also announced timing of fourth quarter 2024 earnings. Fourth Quarter Distribution Declaration PAA and PAGP announced the following quarterly cash distributions:PAA Common Units – $0.38 per Common Unit ($1.52 per unit on an annualized basis), which represents a $0.0625 increase from the distribution paid in November 2024 ($0.25 per unit increase, or 20%, on an annualized basis). PAGP Class A Shares – $0.38 per Class A Share ($1.52 per Class A Share on an annualized basis), which also represents a $0.0625 increase from the distribution paid in November 2024 ($0.25 per share increase, or 20%, on an annualized...

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Plains All American Announces Bolt-on Acquisitions, Capital Structure Optimization & Distribution Increase

HOUSTON, Jan. 07, 2025 (GLOBE NEWSWIRE) — Plains All American Pipeline, L.P. (Nasdaq: PAA) and Plains GP Holdings (Nasdaq: PAGP) (collectively, “Plains”) announced today three bolt-on acquisitions for an aggregate cash consideration of approximately $670 million net to Plains, the purchase of approximately 18% of its outstanding PAA Series A Preferred Units and a 20% increase in its annualized distribution rate. Bolt-on AcquisitionsPlains signed a definitive agreement to acquire Ironwood Midstream Energy, which owns an Eagle Ford Basin gathering system, from EnCap Flatrock Midstream for approximately $475 million. The transaction is expected to close in the first quarter of 2025 following satisfaction of customary closing conditions. Effective January 1, 2025, a subsidiary of Plains Permian Basin joint venture, Plains Oryx Permian...

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TomTom Traffic Index 2025

TomTom unveils data-driven insights from over 450 billion miles driven in 2024TomTom unveils data-driven insights from over 450 billion miles driven in 2024TomTom unveils data-driven insights from over 450 billion miles driven in 2024TomTom releases its most comprehensive traffic index yet, providing insights on 500 cities across 62 countries. Access the full report here: www.tomtom.com/TrafficIndex AMSTERDAM, Jan. 07, 2025 (GLOBE NEWSWIRE) — TomTom (TOM2), the location technology specialist, today releases the 14th edition of its TomTom Traffic Index, an annual report that provides a unique overview on global traffic trends. This year’s edition features 500 cities across 62 countries on 6 continents, making it the most robust and complete analysis ever, made available to any observer. The TomTom Traffic Index uses unified...

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Currency Exchange International, Corp. Announces Strategic Review of Exchange Bank of Canada

TORONTO, Jan. 07, 2025 (GLOBE NEWSWIRE) — Currency Exchange International, Corp. (“CXI” or the “Company”) (TSX: CXI) (OTC: CURN), announced today that a Special Committee of independent directors is actively considering a range of strategic options for its wholly-owned subsidiary, Exchange Bank of Canada (“EBC”), a federally chartered non-deposit-taking Canadian Schedule I bank. The strategic review aims to explore opportunities to maximize long-term value for shareholders and focus the Company’s resources towards its profitable U.S. operations. The formal review of the future of EBC is expected to enhance performance and improve the return on CXI’s capital. INFOR Financial Inc. has been retained as the Company’s strategic advisor to assist in this process. The Board of Directors and Management are focused on assessing shareholder...

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APA Corporation Prices $850 Million Private Notes Offering

HOUSTON, Jan. 07, 2025 (GLOBE NEWSWIRE) — APA Corporation (“APA”) (Nasdaq: APA) announced today that it has priced $350 million in aggregate principal amount of 6.10% notes due 2035 and $500 million in aggregate principal amount of 6.75% notes due 2055 (collectively, the “Notes”) in a private offering (the “Private Offering”) that is exempt from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”). Gross proceeds, before deducting the initial purchasers’ discounts and offering expenses payable by APA, are expected to be approximately $846 million. The offering is expected to close January 10, 2025, subject to the satisfaction of customary closing conditions. APA intends to use the net proceeds from the proposed offering to purchase a portion of certain outstanding senior indebtedness issued...

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ThreeD Capital Inc. Issues Early Warning Report in Connection with Disposition of Securities of Quebec Innovative Materials Corp.

TORONTO, Jan. 07, 2025 (GLOBE NEWSWIRE) — ThreeD Capital Inc. (“ThreeD”) (CSE:IDK / OTCQX:IDKFF) a Canadian based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors, announces that through a series of transactions ending in recent weeks (the “Dispositions”), ThreeD disposed of ownership and control of an aggregate of 1,850,000 common shares (the “Subject Shares”) of Quebec Innovative Materials Corp. (the “Company” or “QIMC”). The Subject Shares represented approximately 1.6% of all issued and outstanding common shares of the Company. As a result of the Dispositions, the percentage ownership held by ThreeD and the Joint Actor decreased by greater than 2%, on a partially diluted basis, from the last early warning report filed. Immediately prior to the...

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The Honest Company Announces Participation in the ICR Conference 2025

LOS ANGELES, Jan. 07, 2025 (GLOBE NEWSWIRE) — The Honest Company (NASDAQ: HNST), a personal care company dedicated to creating cleanly-formulated and sustainably-designed products, today announced that Chief Executive Officer, Carla Vernón, Chief Financial Officer, Dave Loretta and Chief Growth Officer, Kate Barton will participate in investor meetings and host a presentation at the ICR Conference 2025 in Orlando, Florida on January 14, 2025. The presentation will be webcast live on Tuesday, January 14, 2025, at 1:00 p.m. Eastern Standard Time at https://wsw.com/webcast/icr10/hnst/1674211. An archive of the webcast presentation will be available for 30 days. About The Honest CompanyThe Honest Company (NASDAQ: HNST) is a personal care company dedicated to creating cleanly-formulated and sustainably-designed products spanning categories...

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CORRECTION – Pasinex Appoints Experienced Mining Executive and Provides Corporate Update

TORONTO, Jan. 07, 2025 (GLOBE NEWSWIRE) — In a release issued earlier today by Pasinex Resources Limited (CSE: PSE) (FSE: PNX) under the same headline, please note that several incorrect statements have been corrected. The changes are in reference to Mr. Gottwald not retiring but resigning and some consequent wording amendments. The corrected release follows:Ian D. Atacan appointed as Chief Financial Officer and Corporate Secretary JC Professional Corporation appointed as Auditor Annual General Meeting set for February 14, 2025All figures in Canadian dollars ($) unless otherwise specified Pasinex Resources Limited (CSE: PSE) (FSE: PNX) (The “Company” or “Pasinex”), a Canadian mining company focused on high-grade zinc-lead-silver properties in Türkiye and Nevada, announced a corporate update highlighting significant leadership...

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