Emerging market

App-Based Food Distribution Powerhouse, Cheetah Technologies, Taps New CEO in Combination with New Round of Funding

Retrieved on: 
Jeudi, mai 9, 2024
Eclipse, Coffee, Emerging market, Small business, Starbucks, McKinsey & Company, Software as a service, Growth, Entrepreneurship, NPS, SVP, ADS, SAN, IBM, Retail

SAN FRANCISCO, May 9, 2024 /PRNewswire/ -- Cheetah Technologies, a restaurant supply technology and food distribution innovator, officially announced the appointment of their new CEO, technology and operations veteran, Kim Spalding. Over the last several months, Spalding and the Cheetah board collaborated on an additional $14M round of funding, focused on the continued development and scaling of the company's technology platform. 

Key Points: 
  • SAN FRANCISCO, May 9, 2024 /PRNewswire/ -- Cheetah Technologies , a restaurant supply technology and food distribution innovator, officially announced the appointment of their new CEO, technology and operations veteran, Kim Spalding .
  • Over the last several months, Spalding and the Cheetah board collaborated on an additional $14M round of funding, focused on the continued development and scaling of the company's technology platform.
  • Those experiences have prepared me for what could be one of my biggest challenges yet, tackling the food supply chain through technology," said Spalding.
  • She brings a wealth of experience and vision to Cheetah's mission of transforming the foodservice industry through digitization and data visualization.

MarketAxess Reports First Quarter 2024 Financial Results

Retrieved on: 
Mardi, mai 7, 2024
Professional Services, Finance, Climate change, Emerging market, MarketAxess, Cyberattack, Federal Reserve, Investment, FPM, Treasury, Statistics, Depreciation, Security (finance), Table, MSRB, Municipality, TRACE, Public expenditure, European, Tax, Data, Pi bond, Privacy, ESG, Acquisition, Failure, Information services, Marketing, Webcast, Intellectual property, Bank statement, ETF, ID, Government, Calendar, GAAP, ADV

Refer to “Non-GAAP financial measures and other items” for a discussion of these non-GAAP financial measures.

Key Points: 
  • Refer to “Non-GAAP financial measures and other items” for a discussion of these non-GAAP financial measures.
  • Chris Concannon, Chief Executive Officer, and Richard Schiffman, Global Head of Trading Solutions, will host a conference call to discuss the Company’s financial results and outlook on Tuesday, May 7, 2024 at 10:00 a.m.
  • These and other statements that relate to future results and events are based on MarketAxess’ current expectations.
  • More information about these and other factors affecting MarketAxess’ business and prospects is contained in MarketAxess’ periodic filings with the Securities and Exchange Commission and can be accessed at www.marketaxess.com .

Oppenheimer Expands Its Investment Banking Capabilities with the Hires of Dmitry Gladkov and Konstantin Derkatschew

Retrieved on: 
Mercredi, mai 8, 2024
Goldman Sachs, Emerging market, Development, Oppenheimer Holdings, Barclays, UBS, Capital market, Research, J. P. Morgan, Investment, Renaissance Capital, Head, Security (finance)

NEW YORK, May 8, 2024 /PRNewswire/ -- Oppenheimer Europe (Oppenheimer) — a subsidiary of Oppenheimer Holdings, the leading investment bank and wealth manager (NYSE: OPY) — announced today a further expansion of its European investment banking footprint with the addition of Dmitry Gladkov and Konstantin Derkatschew. Both will be based in London and serve as a Managing Director.

Key Points: 
  • NEW YORK, May 8, 2024 /PRNewswire/ -- Oppenheimer Europe (Oppenheimer) — a subsidiary of Oppenheimer Holdings, the leading investment bank and wealth manager (NYSE: OPY) — announced today a further expansion of its European investment banking footprint with the addition of Dmitry Gladkov and Konstantin Derkatschew.
  • Gladkov and Derkatschew come to the firm from Renaissance Capital and will jointly head the newly established Capital Markets Group focusing primarily on Emerging Europe and Central Asia regions.
  • "The addition of Dmitry and Konstantin will allow Oppenheimer to further its strategic expansion across advisory and capital markets in Emerging Europe and Central Asia," Lami said.
  • Derkatschew joins Oppenheimer with over 15 years of investment banking and capital markets experience.

MarketAxess Announces Monthly Volume Statistics for April 2024

Retrieved on: 
Vendredi, mai 3, 2024
Banking, Fintech, Professional Services, Finance, Climate change, Emerging market, MarketAxess, Cyberattack, Federal Reserve, FPM, Treasury, Statistics, Security (finance), MSRB, Municipality, TRACE, European, Data, Privacy, ESG, Failure, Intellectual property, Marketing, Government, Calendar, Pi bond, ADV

2 For April 2024, the Company is highlighting the impact of single-dealer portfolio trading volume on U.S. high-grade trading volume and estimated market share, but will continue to exclude single-dealer portfolio trading activity from reported trading volume, estimated market share and the total credit FPM calculation.

Key Points: 
  • 2 For April 2024, the Company is highlighting the impact of single-dealer portfolio trading volume on U.S. high-grade trading volume and estimated market share, but will continue to exclude single-dealer portfolio trading activity from reported trading volume, estimated market share and the total credit FPM calculation.
  • 4 Open Trading share of total credit trading volume is derived by taking total Open Trading volume across all credit products where Open Trading is offered and dividing by total credit trading volume across all credit products where Open Trading is offered.
  • Reported MarketAxess volume in all product categories includes only fully electronic trading volume.
  • The Company is currently reviewing its methodology for calculating such statistics, which historically have been derived from MarketAxess TraX data, to ensure that the statistics presented provide a complete and accurate view of the market.

BIGGBY® COFFEE Opens 10 New Locations, Launches New Leadership Podcast and More; Wraps Up Q1 With Impressive Momentum

Retrieved on: 
Mardi, avril 30, 2024
Coffee, Emerging market, Detroit Tigers, Love, Partnership, Entrepreneurship, Hockey, Drink, Growth, Management

EAST LANSING, Mich., April 30, 2024 /PRNewswire-PRWeb/ -- BIGGBY® COFFEE, the positive-energy coffee franchise with 392 units nationwide, is thrilled to announce an outstanding start to the year with significant franchise growth, innovative new initiatives and a steadfast commitment to its people-first culture. The franchise is setting a precedent for industry standards with its emphasis on supporting employees and franchisees in building a life that they love.

Key Points: 
  • "We are excited about the momentum we're building, especially in new markets," said Tony DePietro, Vice President of Emerging Markets for BIGGBY® COFFEE.
  • BIGGBY® COFFEE also proudly announced its partnership with Black Bear Sports Group, Inc., securing the naming rights for three ice arenas in Michigan: BIGGBY® COFFEE Ice Cube - Ann Arbor, BIGGBY® COFFEE Ice Cube - East Lansing, and BIGGBY® COFFEE Ice Cube - Brighton.
  • In all of its ventures, BIGGBY® COFFEE is focused on helping people build a life they love.
  • Now, as the brand reaches new heights, BIGGBY® COFFEE has launched the "Love in Leadership" podcast to showcase that purpose to more and more people.

WuXi Biologics Releases 2023 ESG Report Demonstrating Strong Sustainability Commitment

Retrieved on: 
Mardi, avril 30, 2024
United Nations, Partnership, Water, Development, Ethics, Platinum, HK, Emerging market, Woman, Lean, Targets, Pompe, Sustainalytics, Committee, United Nations Global Compact, DEI, Climate change, UN, Carbon, Female, Science Based Targets initiative, WuXi Biologics, Student, Social, Global Compact, Region, MSCI, Wuxi, STEM, Environment, United, Patient, ESG, Lean project management, Social responsibility, Kaizen, Renewable energy

In 2023, the company joined the United Nations (UN) Global Compact, demonstrating its sustainability commitment.

Key Points: 
  • In 2023, the company joined the United Nations (UN) Global Compact, demonstrating its sustainability commitment.
  • Its significant ESG progress was recognized by major ESG rating agencies in 2023 for its progress towards reaching its commitments.
  • "As a participant of the UN Global Compact, the world's largest corporate sustainability initiative, WuXi Biologics regards sustainability as the cornerstone of its business development strategy," said Dr. Chris Chen, CEO and ESG Committee Chairman of WuXi Biologics.
  • Guided by its ESG strategy, WuXi Biologics has established strong governance mechanism, which includes oversight by the Board-level ESG Committee, guidance by the company's ESG Steering Group, and efficient implementation by the dedicated ESG department and cross-functional task forces for ESG material issues.

BancTrust & Co. Investment Bank Announces Strategic Relocation of Headquarters to a State-of-the-Art Building in the City of London

Retrieved on: 
Vendredi, avril 26, 2024
Growth, Heart, Emerging market, City, Fuenmayor

LONDON, April 26, 2024 /PRNewswire/ -- BancTrust & Co. Investment Bank (BancTrust), the London-based Emerging Markets investment bank, is excited to announce a significant milestone in its growth journey. The company recently relocated its headquarters to a state-of-the-art building situated in the heart of London's financial district.

Key Points: 
  • LONDON, April 26, 2024 /PRNewswire/ -- BancTrust & Co. Investment Bank (BancTrust), the London-based Emerging Markets investment bank, is excited to announce a significant milestone in its growth journey.
  • The company recently relocated its headquarters to a state-of-the-art building situated in the heart of London's financial district.
  • The building, equipped with cutting-edge technology and energy-efficient systems, reflects the investment bank's dedication to reducing its environmental footprint and contributing to a greener future.
  • Carlos Fuenmayor, CEO at BancTrust said, "We are thrilled to announce the strategic move of our headquarters to 8 Bishopsgate.

BancTrust & Co. Investment Bank Announces Strategic Relocation of Headquarters to a State-of-the-Art Building in the City of London

Retrieved on: 
Vendredi, avril 26, 2024
Growth, Heart, Emerging market, City, Fuenmayor

LONDON, April 26, 2024 /PRNewswire/ -- BancTrust & Co. Investment Bank (BancTrust), the London-based Emerging Markets investment bank, is excited to announce a significant milestone in its growth journey. The company recently relocated its headquarters to a state-of-the-art building situated in the heart of London's financial district.

Key Points: 
  • LONDON, April 26, 2024 /PRNewswire/ -- BancTrust & Co. Investment Bank (BancTrust), the London-based Emerging Markets investment bank, is excited to announce a significant milestone in its growth journey.
  • The company recently relocated its headquarters to a state-of-the-art building situated in the heart of London's financial district.
  • The building, equipped with cutting-edge technology and energy-efficient systems, reflects the investment bank's dedication to reducing its environmental footprint and contributing to a greener future.
  • Carlos Fuenmayor, CEO at BancTrust said, "We are thrilled to announce the strategic move of our headquarters to 8 Bishopsgate.

EQS-News: Porsche AG kicks off a year of product launches with determination

Retrieved on: 
Vendredi, mai 3, 2024
Emerging market, Macan, Investment, Growth, Research, Herbert L. Meschke, Wind, Environment, MHP, Overseas, Porsche Panamera, Marketing, Cryptocurrency

Porsche AG has got off to a vigorous and forward-looking start to the challenging 2024 financial year.

Key Points: 
  • Porsche AG has got off to a vigorous and forward-looking start to the challenging 2024 financial year.
  • In this year of product launches, the sports car manufacturer is renewing four out of its six model lines.
  • In this year of Porsche product launches, we will be putting four exhilarating new sports cars from four model lines on the road.
  • Despite a still challenging macroeconomic environment, Porsche AG is sticking to its forecasts, provided that the macroeconomic environment does not deteriorate significantly.

Kraft Heinz Reports First Quarter 2024 Results

Retrieved on: 
Mercredi, mai 1, 2024
Restaurant, Bar, Food, Beverage, Other Retail, Retail, Supermarket, Sale, Emerging market, Investment, Nature, Uncertainty, Elasticity, Research, Organic, Growth, Public expenditure, Tax, Kraft Heinz, EPS, Share repurchase, Marketing, Adjustment, Supplemental Nutrition Assistance Program, GAAP, Security (finance)

Adjusted Operating Income(1) increased 1.7 percent versus the year-ago period to $1.3 billion, primarily driven by higher pricing.

Key Points: 
  • Adjusted Operating Income(1) increased 1.7 percent versus the year-ago period to $1.3 billion, primarily driven by higher pricing.
  • Diluted EPS was $0.66, down 2.9 percent versus the prior year period, primarily driven by a net loss on the sale of businesses in the first quarter of 2024 and higher tax expense.
  • For fiscal year 2024, the Company is reaffirming its outlook for Organic Net Sales(2), Adjusted Operating Income(2), and Adjusted EPS(2).
  • A pre-recorded management discussion of The Kraft Heinz Company's first quarter 2024 earnings is available at ir.kraftheinzcompany.com.