Day: October 22, 2025
Norðurál is one of the largest customers of ON Power, a subsidiary of Orkuveitu Reykjavíkur. It is clear that due to a malfunction at Norðurál’s plant in Grundartangi yesterday, the smelter’s production will be partially halted, which will affect ON Power’s operations. There has been good communication with Norðurál since the malfunction occurred, but the extent of the impact has not yet been determined.
Michelin: Group sales at Sept.30 decreased by 4.4% year on year. On October 13, following a deterioration mainly relating to North America, the Group issued a press release revising its guidance for full-year 2025.
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
Clermont-Ferrand – October 22, 2025 – 5:45 pm
COMPAGNIE GÉNÉRALE DES ÉTABLISSEMENTS MICHELINFinancial information for the nine months ended September 30, 2025
Group sales for the nine months to end-September 2025 decreased by 4.4% year on year.On October 13, following a deterioration in the third quarter, mainly relating to North America, the Group issued a press release revising its guidance for full-year 2025.
The overall performance of the Tire markets during the period primarily reflects a contraction in the Original Equipment segment in Europe and North America, and a Replacement segment led by imports of budget tires.For Passenger Car & Light Truck tires, Original Equipment demand rose by 2% over the period, with a rebound in the Chinese market masking a significant decline in Europe and North America....
Kering: Press release – 2025 Third-quarter revenue
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
Kering – Press release – Q3 revenue 2025 – 22 10 2025PRESS RELEASE
October 22, 2025
REVENUE FOR THE THIRD QUARTER OF 2025
Group revenue: €3,415 milliondown 10% as reported and down 5% on a comparable basis
“Kering’s third-quarter performance, while representing a clear sequential improvement, remains far below that of the market. This reinforces my determination to work on all dimensions of the business to return our Houses and the Group to the prominence they deserve. We are working relentlessly on our turnaround, as shown by our recent decisions.”
Luca de Meo, CEO
Group revenue in the third quarter of 2025 was €3.4 billion, down 10% as reported and down 5% on a comparable basis. The change in revenue as reported includes a negative currency effect of 5%.
The 5% decrease in comparable revenue in...
Vishay Intertechnology SMD Inrush Current Limiting PTC Thermistors Increase Board-Level Efficiency to Lower Costs
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Devices Combine Energy Handling to 340 J With High Voltages to 1200 VDC in Compact Package to Reduce Component Counts and Save Space
MALVERN, Pa., Oct. 22, 2025 (GLOBE NEWSWIRE) — Vishay Intertechnology, Inc. (NYSE: VSH) today introduced a new series of insulated, surface-mount inrush current limiting positive temperature coefficient (PTC) thermistors. Designed to increase board-level efficiency and lower costs in automotive and industrial applications, Vishay BCcomponents PTCES series devices combine maximum energy handling to 340 J with high maximum voltages of 1200 VDC in a compact package.
Compared to competing devices, the PTC thermistors released today offer up to 260 % higher energy handling capabilities, allowing designers to utilize fewer components in their circuits to save board space and lower overall costs. In addition,...
Fangzhou Unveils “AI + Weight Management” Innovation at China’s Inaugural National-Level Weight Management Symposium in Beijing
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Dr. Xie Fangmin delivered a keynote speech at the “Healthy China: AI + Weight Management” Innovation SymposiumDr. Xie Fangmin delivered a keynote speech at the “Healthy China: AI + Weight Management” Innovation SymposiumBEIJING, Oct. 22, 2025 (GLOBE NEWSWIRE) — The “Healthy China: AI + Weight Management” Innovation Symposium was held at the National People’s Congress Conference Center. The event was guided by the China Food and Drug Institutions Quality and Safety Promotion Association (“FDSA”), and co-hosted by Fangzhou Inc. (“Fangzhou” or the “Company”) (06086.HK), a leader in AI-driven Internet healthcare solutions.
Mao Zhenbin, President of FDSA, delivered opening remarks, and the event gathered a host of leading academics, clinicians, and industry representatives,...
Branded Legacy, Inc. (OTC: BLEG) Advances Life-Saving Innovation with FDA Pre-ANDA Briefing for Revolutionary Intranasal Naloxone Spray
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Pioneering Cost-Effective, Scalable Solutions to Combat the Global Opioid Crisis with Proprietary Air-Driven Delivery Technology
VANCOUVER, British Columbia, Oct. 22, 2025 (GLOBE NEWSWIRE) — via IBN — Branded Legacy, Inc. (OTC:BLEG), a dynamic holding company focused on life sciences and wellness innovation, today announced that its subsidiary, BioLegacy Evaluative Group, has commenced preparation of its FDA Pre-Abbreviated New Drug Application (Pre-ANDA) briefing package for the company’s proprietary intranasal naloxone spray—a key step in advancing its regulatory pathway and commercialization strategy.
The upcoming Target Product Profile (TPP) and Pre-ANDA briefing package mark a pivotal advancement following BioLegacy’s previously announced provisional patent filing for its air-driven intranasal platform, designed...
S&P Global Ratings downgrades AFL’s rating to A+/A-1, stable outlook
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Press releaseOctober 22, 2025
S&P Global Ratings downgrades AFL’s rating toA+/A-1, stable outlook
Following S&P Global Ratings’ decision to downgrade France’s sovereign credit rating to A+/A-1 with a stable outlook, AFL, the bank for local governments, announces that its own rating from S&P Global Ratings has been revised from AA-/A-1+ (negative outlook) to A+/A-1 (stable outlook), effective as of October 21, 2025.
AFL’s credit rating as from 21 October 2025
Fitch Ratings
S&P Global RatingsLong term rating
A+
A+Outlook
Stable
StableShort-term rating
F1+
A-1This change directly results from the methodology applied by S&P Global Ratings Europe Limited, which links AFL’s rating to that of the French sovereign, given AFL’s business model – exclusively dedicated...
AGENCIA COMERCIAL SPIRITS LTD Announces Pricing of $7 Million Initial Public Offering and Listing on Nasdaq
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Taiwan, Oct. 22, 2025 (GLOBE NEWSWIRE) — Agencia Comercial Spirits Ltd (the “Company” or “Agencia”), a Taiwan-based specialized importer and distributor of high-quality whiskies, announced the pricing of its initial public offering (the “Offering”) of an aggregate of 1,750,000 Class A ordinary shares, which was conducted on October 21, 2025, at a public offering price of US$4.00 per share (the “Offering Price”), for total gross proceeds of US$7.0 million, before deducting underwriting discounts and offering expenses.
In addition, the Company has granted the underwriters a 45-day option (the “Over-Allotment Option”) to purchase up to an additional 262,500 Class A ordinary shares at the Offering Price, representing 15% of the Ordinary Shares sold in the Offering (the “Over-allotment”).
The Company’s Class A ordinary shares are expected...
NEXE Innovations Announces Additional Product SKUs and Reports Increased Customer Engagement in North America
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WINDSOR, Ontario, Oct. 22, 2025 (GLOBE NEWSWIRE) — NEXE Innovations Inc. (“NEXE”, the “Company”, “we” or “our”) (TSX.V: NEXE) (Frankfurt: NX5) (OTC: NEXNF), a compostable and innovative materials company, today announced the delivery of three new product SKUs totaling more than 80,000 compostable coffee pods to a leading North American office coffee services (OCS) distributor.
These additions expand NEXE’s BPI-certified compostable pod lineup, supporting customer demand for variety and reinforcing the Company’s growing role as a trusted supplier within the OCS and retail segments. The Company believes these additions may support increased customer engagement and product adoption. The distributor partner has indicated plans to transition additional brands to NEXE’s compostable format.
NEXE has received increasing...
Electra Completes Financing and Debt Restructuring, Fully Funding North America’s First Cobalt Sulfate Refinery
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TORONTO, Oct. 22, 2025 (GLOBE NEWSWIRE) — Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM), a leader in advancing North America’s critical minerals supply chain for lithium-ion batteries, today announced the closing of its US$34.5 million financing and US$40 million debt equitization, marking a major transformation of its balance sheet and funding outlook. With over US$80 million now secured from investors and government commitments, Electra has obtained all the capital required to complete construction and commissioning of North America’s first cobalt sulfate refinery, a critical asset that will strengthen the region’s battery and defense supply chains.
With the successful closing of these transactions and previously announced government commitments, the construction and commissioning of Electra’s cobalt sulfate...
