DCO | Jotup

The Digital Cooperation Organization Launches “EconomiX” Magazine to Enhance Knowledge Sharing in the Digital Ecosystem

Retrieved on:

Lunedì, Maggio 27, 2024

Manel Bondi, DCO’s Chief of Digital Markets Growth, commented: "EconomiX stands as a catalyst for change and empowerment amidst the digital revolution.

Key Points:

Manel Bondi, DCO’s Chief of Digital Markets Growth, commented: "EconomiX stands as a catalyst for change and empowerment amidst the digital revolution.
EconomiX is a platform that fosters knowledge sharing, innovation, and inspiration for our readers, and reflects our dedication to promoting cooperation to develop the global digital economy."
The magazine is a vital tool for digital transformation, aimed at empowering change by fostering knowledge exchange, enhancing cooperation, uplifting social prosperity, and stimulating innovation.
It presents global trends and innovations, advocates for inclusive digital transformation, and fosters a community of leaders shaping the digital future.

Ducommun Incorporated Reports First Quarter 2024 Results

Retrieved on:

Mercoledì, Maggio 8, 2024

DCO, Airbus, Traction, BLR, Webcast, Electronic Systems, Wind, Acquisition, Boeing, Growth, Q&A, Video game

SANTA ANA, Calif., May 08, 2024 (GLOBE NEWSWIRE) -- Ducommun Incorporated (NYSE: DCO) (“Ducommun” or the “Company”) today reported results for its first quarter ended March 30, 2024.

Key Points:

SANTA ANA, Calif., May 08, 2024 (GLOBE NEWSWIRE) -- Ducommun Incorporated (NYSE: DCO) (“Ducommun” or the “Company”) today reported results for its first quarter ended March 30, 2024.
Interest expense for the first quarter of 2024 was $3.9 million compared to $4.2 million in the comparable period of 2023.
Electronic Systems segment net revenue for the quarter ended March 30, 2024 was $107.5 million, compared to $105.6 million for the first quarter of 2023.
Structural Systems segment net revenue for the quarter ended March 30, 2024 was $83.3 million, compared to $75.6 million for the first quarter of 2023.

Miami International Holdings Reports Trading Results for April 2024; YTD Options and Equities Volumes Reach Record Levels while MGEX Futures Volume Jumps 41.5%

Retrieved on:

Mercoledì, Maggio 8, 2024

Emerald, DCO, Table, YTD, DCM, Yoy, Minneapolis Grain Exchange, MIH, MGEX, ADV, Iron ore

Total year-to-date (YTD) volume reached a record 565.6 million contracts, a 3.4% increase from the same period in 2023.

Key Points:

Total year-to-date (YTD) volume reached a record 565.6 million contracts, a 3.4% increase from the same period in 2023.
MIAX Options reached a monthly volume of 57.4 million contracts, a 30.0% increase YoY and representing a monthly ADV of 2.6 million contracts, a 12.3% increase YoY.
Total YTD volume reached a record 227.7 million contracts, a 4.5% increase from the same period in 2023.
MIAX Emerald Options reached a monthly volume of 35.5 million contracts, a 59.4% increase YoY and representing a monthly ADV of 1.6 million contracts, a 37.7% increase YoY.

Miami International Holdings Reports Trading Results for April 2024; YTD Options and Equities Volumes Reach Record Levels while MGEX Futures Volume Jumps 41.5%

Retrieved on:

Mercoledì, Maggio 8, 2024

Emerald, DCO, Table, YTD, DCM, Yoy, Minneapolis Grain Exchange, MIH, MGEX, ADV, Iron ore

Total year-to-date (YTD) volume reached a record 565.6 million contracts, a 3.4% increase from the same period in 2023.

Key Points:

Total year-to-date (YTD) volume reached a record 565.6 million contracts, a 3.4% increase from the same period in 2023.
MIAX Options reached a monthly volume of 57.4 million contracts, a 30.0% increase YoY and representing a monthly ADV of 2.6 million contracts, a 12.3% increase YoY.
Total YTD volume reached a record 227.7 million contracts, a 4.5% increase from the same period in 2023.
MIAX Emerald Options reached a monthly volume of 35.5 million contracts, a 59.4% increase YoY and representing a monthly ADV of 1.6 million contracts, a 37.7% increase YoY.

Ducommun Incorporated receives Lockheed Martin Aeronautics Elite Supplier Award for 2023

Retrieved on:

Martedì, Aprile 23, 2024

DCO, LMT, Ducommun, F-35, A&D, Lockheed, Lockheed Martin Aeronautics, Aircraft

SANTA ANA, Calif., April 23, 2024 (GLOBE NEWSWIRE) -- Ducommun Incorporated (NYSE: DCO) (“Ducommun” or the “Company”), a global supplier of innovative electronic and structural solutions for the aerospace & defense industry, today announced that it has been recognized as part of an elite group of top performing suppliers by Lockheed Martin Aeronautics (NYSE:LMT) for 2023 as a recipient of the Elite Supplier Award.

Key Points:

SANTA ANA, Calif., April 23, 2024 (GLOBE NEWSWIRE) -- Ducommun Incorporated (NYSE: DCO) (“Ducommun” or the “Company”), a global supplier of innovative electronic and structural solutions for the aerospace & defense industry, today announced that it has been recognized as part of an elite group of top performing suppliers by Lockheed Martin Aeronautics (NYSE:LMT) for 2023 as a recipient of the Elite Supplier Award.
“We are thrilled and honored to be selected for the Elite Supplier Award by Lockheed Martin as we work together to keep our nation and allies safe.
To be recognized as an Elite Supplier Award recipient is an outstanding achievement by Ducommun and a fitting testament to the hard work, dedication, and commitment of a highly professional team.
Ducommun has been supplying F-35 harnesses to a global customer base for many years, supporting a broad range of major commercial and military aerospace programs.

Ducommun Incorporated Announces First Quarter Conference Call

Retrieved on:

Mercoledì, Aprile 17, 2024

DCO, Ducommun, Webcast, Q&A

SANTA ANA, Calif., April 17, 2024 (GLOBE NEWSWIRE) -- Ducommun Incorporated (NYSE: DCO) (“Ducommun” or the “Company”) today announced that it plans to release the Company's 2024 first quarter financial results on May 8, 2024, prior to the stock market opening.

Key Points:

SANTA ANA, Calif., April 17, 2024 (GLOBE NEWSWIRE) -- Ducommun Incorporated (NYSE: DCO) (“Ducommun” or the “Company”) today announced that it plans to release the Company's 2024 first quarter financial results on May 8, 2024, prior to the stock market opening.
To access the conference call, please pre-register using this registration link .
Mr. Oswald and Mr. Mookerji will speak on behalf of the Company and anticipate the meeting and Q&A period to last approximately 45 minutes.
A replay of the webcast will be available on the Ducommun website at www.ducommun.com .

Ducommun Incorporated Rejects Unsolicited, Non-Binding Indication of Interest From Albion River

Retrieved on:

Martedì, Aprile 16, 2024

Sale, DCO, RBC Capital Markets, Simpson Thacher & Bartlett, Acquisition, COVID-19, Management

SANTA ANA, Calif., April 16, 2024 (GLOBE NEWSWIRE) -- Ducommun Incorporated (NYSE: DCO) (“Ducommun” or the “Company”), a global supplier of innovative electronic systems and structural solutions for the aerospace and defense industry, today responded to an unsolicited, non-binding indication of interest dated April 1, 2024 from Albion River LLC (“Albion River”), a private direct investment firm, to acquire all outstanding shares of Ducommun for $60.00 per share in cash. The Board of Directors has unanimously determined it is not in the best interests of the Company and Ducommun shareholders to pursue further discussions regarding the proposal.

Key Points:

SANTA ANA, Calif., April 16, 2024 (GLOBE NEWSWIRE) -- Ducommun Incorporated (NYSE: DCO) (“Ducommun” or the “Company”), a global supplier of innovative electronic systems and structural solutions for the aerospace and defense industry, today responded to an unsolicited, non-binding indication of interest dated April 1, 2024 from Albion River LLC (“Albion River”), a private direct investment firm, to acquire all outstanding shares of Ducommun for $60.00 per share in cash.
The Board of Directors has unanimously determined it is not in the best interests of the Company and Ducommun shareholders to pursue further discussions regarding the proposal.
Our Board of Directors and management will continue to listen to all Ducommun shareholders and act in their collective best interests.
RBC Capital Markets, LLC is acting as a financial advisor to Ducommun, and Simpson Thacher & Bartlett LLP is acting as legal counsel.

Ducommun Incorporated Announces Award of Major Defense Orders for Raytheon Radar Systems

Retrieved on:

Venerdì, Aprile 12, 2024

DCO, MIR, Family, Electronics, Navy

SANTA ANA, Calif., April 12, 2024 (GLOBE NEWSWIRE) -- Ducommun Incorporated (NYSE: DCO) (“Ducommun” or the “Company”), a global supplier of innovative electronic and structural solutions for the aerospace & defense industry, is proud to announce two major awards totaling over $50M in revenue for the Raytheon SPY-6 family of radar systems.

Key Points:

SANTA ANA, Calif., April 12, 2024 (GLOBE NEWSWIRE) -- Ducommun Incorporated (NYSE: DCO) (“Ducommun” or the “Company”), a global supplier of innovative electronic and structural solutions for the aerospace & defense industry, is proud to announce two major awards totaling over $50M in revenue for the Raytheon SPY-6 family of radar systems.
All cards will be produced at Ducommun’s world-class engineering and manufacturing performance center for circuit cards assemblies in Tulsa, Oklahoma.
“We are thrilled to have earned the trust of Raytheon on this most critical Navy radar system as we continue to build out this part of our defense business by supporting off-loading from our strategic defense customers.
Ducommun currently provides Raytheon with electronics, circuit card assemblies, harness cable assemblies, and structural products on both legacy and emerging programs.

Albion River Comments on Recent Statement from Ducommun Board

Retrieved on:

Lunedì, Aprile 22, 2024

Professional Services, Finance, DCO, Albion

Today, Albion River LLC issued the following statement:

Key Points:

Today, Albion River LLC issued the following statement:
“Albion River LLC’s affiliate Ignium LP (“Albion”) continues to acquire shares in Ducommun Incorporated (NYSE: DCO) (“Ducommun” or the “Company”) and now owns over 9.2% of the Company’s outstanding shares.1 Albion owns more shares in Ducommun than all of management and the Board of Directors combined.
Albion would like to thank the numerous key stakeholders who have reached out to express their support in our efforts to acquire Ducommun.
Albion encourages management to disclose other offers it may have received that the Board of Directors and public may not be aware of.
Albion continues to believe that public markets are not an appropriate setting for Ducommun to execute its strategy and maximize shareholder value.

Bitnomial Reports Q1 2024 Record Volume and Open Interest, Options Launch, and FCM Launch

Retrieved on:

Giovedì, Aprile 11, 2024

Bitcoin, CFTC, DCO, FCM, DCM, CTFC, Partnership, Clearing house, Growth, Miner, Cryptocurrency

CHICAGO, April 11, 2024 /PRNewswire/ -- Bitnomial, a CTFC-regulated digital asset derivatives exchange, clearinghouse, and settlement business, today announced metrics for the quarter that ended March 31, 2024 in addition to highlighting the expansion of its Bitcoin Product Complex and clearing services.

Key Points:

Additionally, the introduction of our wholesale clearing FCM and physical options trading has been met with unprecedented demand, particularly from institutional clients.
Last December , Bitnomial subsidiary, Bitnomial Clearinghouse, was granted a US clearinghouse license to clear margined futures and options trades.
In January of 2024, Bitnomial executed the first Bitcoin options trade on the exchange making Bitnomial the only US exchange to offer leveraged physical crypto options trading.
Later in Q1, Bitnomial completed its first trade under its newly launched wholesale FCM business, Bitnomial Clearing, which offers institutional brokers additional collateral management services alongside the product offerings available on Bitnomial Exchange.