Cadrex Manufacturing Solutions Opens Additional Facility in Mexico
Large North American Manufacturing Company Opens New Facility Near Existing Site in Monterrey MONTERREY, Mexico–(BUSINESS WIRE)– About 800 employees work at the existing Cadrex Monterrey facility, and Cadrex leaders hope to add hundreds of new employees over the next few years in Mexico. The location serves clients primarily in the data center infrastructure; network, compute, […]
Cenntro Electric Group Limited Announces Imminent Implementation of the Scheme of Arrangement
FREEHOLD, N.J.–(BUSINESS WIRE)– Cenntro is pleased to announce that the Scheme will be implemented tomorrow February 27, 2024, in accordance with the previously announced timeline (the “Implementation Date”). On the Implementation Date, HoldCo will acquire all of the issued ordinary shares of Cenntro and exchange them for shares of common stock of HoldCo on a […]
USAA to Offer Financial Assistance for Members Impacted by a Potential Government Shutdown
If a shutdown occurs, eligible members can apply for a no-interest loan and explore various payment relief options via USAA.com or the USAA app SAN ANTONIO–(BUSINESS WIRE)–USAA continues monitoring for a possible government shutdown. Should a shutdown occur in March and impacts to paychecks become imminent, USAA stands ready to provide financial assistance to affected […]
Juniper Research: Emerging GSMA Specifications to Grow Global IoT eSIM & iSIM Connections by 680% over Next Four Years
BASINGSTOKE, England–(BUSINESS WIRE)– The GSMA’s SGP.32 is the newest technical specification for eSIM remote provisioning for IoT devices, and enables the remote activation of eSIM profiles via an eIM (eSIM IoT Manager). Previous eSIM specifications caused network or user-interface constraints for IoT devices, as they relied on SMS for profile activation. Find out more: Global […]
Electra Participating in Upcoming North American Critical Minerals Industry & Investment Events
TORONTO–(BUSINESS WIRE)– BMO Global Metals, Mining & Critical Minerals Conference, February 25-28 CEO, Trent Mell, will be available for one-on-one meetings with institutional and industry peers throughout the conference to discuss Electra’s near-term plans. Red Cloud’s Pre-PDAC Showcase – February 29-March 1 CEO, Trent Mell, will present and, along with Vice President Investor Relations & […]
Deutsche Bank Appointed as Depositary Bank for the Sponsored American Depositary Receipt Program of Lotus Technology Inc.
NEW YORK–(BUSINESS WIRE)–Deutsche Bank announced today its appointment as depositary bank for the American Depositary Receipt program of Lotus Technology Inc. Lotus Technology Inc. (NASDAQ: LOT) is a leading global luxury electric vehicle maker dedicated to delivering sustainable luxury mobility via research and development of proprietary next-generation technologies, including in autonomous driving, lightweight engineering, and […]
Sunoco and Energy Transfer Sign First Joint Multi-Year Partnership With Stake F1 Team KICK Sauber
Sunoco branding to be unveiled at the 2024 Miami Grand Prix in Miami Energy Transfer branding to be unveiled at the 2024 United States Grand Prix in Austin, Texas DALLAS–(BUSINESS WIRE)–Sunoco LP (NYSE: SUN) and Energy Transfer LP (NYSE: ET), both based in Dallas, announced today they have signed an agreement with Switzerland-based Sauber Motorsport […]
Carvana Announces Record Fourth Quarter and Full Year 2023 Results
New records for full year profitability: Net Income $150 million; Adjusted EBITDA $339 million Total Gross Profit per Unit reached new full year record $5,511 GAAP and $5,984 non-GAAP and set quarterly records in all four quarters of 2023 In Q1, Carvana expects Adjusted EBITDA significantly above $100 million1 and retail units slightly up on […]
Piedmont Lithium Reports Q4 & Full Year 2023 Results
NAL Operations Ramping, Growth Projects Progressing, and Balance Sheet Reinforced $39.8 million full year revenue on sales of 43.2 thousand dry metric tons (dmt) of spodumene concentrate $5.7 million full year gross profit, reflecting settlement accruals in Q4’23 Ramp up continues at NAL with further improvements in production and costs expected in 2024 2024 shipments […]
Data I/O Reports Fourth Quarter 2023 Results
2023 Revenue Growth of 16%; Bookings Momentum in Fourth Quarter; Most New Customer Wins in 6 Years Company Returns to Profitability on Higher Sales, Margin and Efficiency Improvements REDMOND, Wash.–(BUSINESS WIRE)–Data I/O Corporation (NASDAQ: DAIO), the leading global provider of advanced security and data deployment solutions for microcontrollers, security ICs and memory devices, today announced […]
