Earthquake

STMicroelectronics Reports 2024 First Quarter Financial Results

Retrieved on: 
Giovedì, Aprile 25, 2024

Net Capex (non-U.S. GAAP)1 was $967 million in the first quarter compared to $1.09 billion in the year-ago quarter.

Key Points: 
  • Net Capex (non-U.S. GAAP)1 was $967 million in the first quarter compared to $1.09 billion in the year-ago quarter.
  • Free cash flow (non-U.S. GAAP)1 was negative at $134 million in the first quarter, compared to positive $206 million in the year-ago quarter.
  • Inventory at the end of the first quarter was $2.69 billion, compared to $2.70 billion in the previous quarter and $2.87 billion in the year-ago quarter.
  • Days sales of inventory at quarter-end was 122 days compared to 104 days in the previous quarter and 122 days in the year-ago quarter.

Ferrari Announces Voting Results From Its Annual General Meeting

Retrieved on: 
Mercoledì, Aprile 17, 2024

Maranello (Italy), 17 April 2024 - Ferrari N.V. (“Ferrari” or the “Company”) (NYSE/EXM: RACE) announced today that all resolutions proposed to Shareholders at the Ferrari’s Annual General Meeting of Shareholders (the “AGM”) held today in Amsterdam, the Netherlands, were passed.

Key Points: 
  • Maranello (Italy), 17 April 2024 - Ferrari N.V. (“Ferrari” or the “Company”) (NYSE/EXM: RACE) announced today that all resolutions proposed to Shareholders at the Ferrari’s Annual General Meeting of Shareholders (the “AGM”) held today in Amsterdam, the Netherlands, were passed.
  • The outstanding common shares will be quoted ex-dividend from April 22, 2024.
  • John Elkann and Benedetto Vigna were elected as executive directors of Ferrari.
  • Piero Ferrari, Delphine Arnault, Francesca Bellettini, Eduardo H. Cue, Sergio Duca, John Galantic, Maria Patrizia Grieco, Adam Keswick and Michelangelo Volpi were elected as non-executive directors of Ferrari.

BRW Announces $0.085 Dividend

Retrieved on: 
Mercoledì, Maggio 1, 2024

As a result, long-term capital gains and/or return of capital may be a material source of any distribution.

Key Points: 
  • As a result, long-term capital gains and/or return of capital may be a material source of any distribution.
  • No conclusions should be drawn about the Fund’s investment performance from the amount of the Fund’s distributions or from the terms of the Fund’s Plan.
  • The Board of Trustees (the “Board”) may amend the terms of the Plan or terminate the Plan at any time without prior notice to Fund shareholders.
  • The amendment or termination of the Plan could have an adverse effect on the market price of the Fund’s common shares.

SABA Announces $0.029 Dividend

Retrieved on: 
Mercoledì, Maggio 1, 2024

Saba Capital Income & Opportunities Fund II (NYSE: SABA) (the “Fund”), a registered closed-end management investment company listed on the New York Stock Exchange, declared a monthly dividend of $0.029 per share on April 30, 2024, payable on May 31, 2024 to shareholders of record as of May 9, 2024.

Key Points: 
  • Saba Capital Income & Opportunities Fund II (NYSE: SABA) (the “Fund”), a registered closed-end management investment company listed on the New York Stock Exchange, declared a monthly dividend of $0.029 per share on April 30, 2024, payable on May 31, 2024 to shareholders of record as of May 9, 2024.
  • As a result, long-term capital gains and/or return of capital may be a material source of any distribution.
  • No conclusions should be drawn about the Fund’s investment performance from the amount of the Fund’s distributions or from the terms of the Fund’s Plan.
  • The amendment or termination of the Plan could have an adverse effect on the market price of the Fund’s common shares.

Knightscope Deploys 37 Emergency Communication Devices at Rio Hondo College

Retrieved on: 
Martedì, Aprile 30, 2024

Knightscope, Inc. [Nasdaq: KSCP] (“Knightscope” or the “Company”), an innovator in robotics and artificial intelligence (“AI”) technologies focused on public safety, today announces the deployment of 37 K1 Blue Light Towers at Rio Hondo College in Whittier, California.

Key Points: 
  • Knightscope, Inc. [Nasdaq: KSCP] (“Knightscope” or the “Company”), an innovator in robotics and artificial intelligence (“AI”) technologies focused on public safety, today announces the deployment of 37 K1 Blue Light Towers at Rio Hondo College in Whittier, California.
  • View the full release here: https://www.businesswire.com/news/home/20240430929682/en/
    Knightscope Deploys 37 Emergency Communication Devices at Rio Hondo College (Photo: Business Wire)
    College and university officials prioritize campus safety to ensure a secure and enjoyable environment for students, faculty and visitors.
  • Knightscope’s modern blue light emergency phones and call boxes are also the key to curing an overconfident dependence on cell phones.
  • Blue light emergency phone systems also always report one’s precise location reliably, ensuring the expedited arrival of the appropriate type of help.

SABA Announces Notification of Sources of Distributions

Retrieved on: 
Mercoledì, Maggio 1, 2024

Annual NAV Total Return is the percentage change in the Fund’s NAV over a year, assuming reinvestment of distributions paid.

Key Points: 
  • Annual NAV Total Return is the percentage change in the Fund’s NAV over a year, assuming reinvestment of distributions paid.
  • 2The Annualized Distribution Rate is the current fiscal period’s distribution rate annualized as a percentage of the Fund’s NAV through March 31, 2024.
  • 3Cumulative Total Return is the percentage change in the Fund’s NAV from October 31, 2023 through March 31, 2024, assuming reinvestment of distributions paid.
  • No conclusions should be drawn about the Fund’s investment performance from the amount of the Fund’s distributions or from the terms of the Fund’s Plan.

BRW Announces Notification of Sources of Distributions

Retrieved on: 
Mercoledì, Maggio 1, 2024

Annual NAV Total Return is the percentage change in the Fund’s NAV over a year, assuming reinvestment of distributions paid.

Key Points: 
  • Annual NAV Total Return is the percentage change in the Fund’s NAV over a year, assuming reinvestment of distributions paid.
  • 3Cumulative Total Return is the percentage change in the Fund’s NAV from October 31, 2023 through March 31, 2024, assuming reinvestment of distributions paid.
  • The above distribution was declared in accordance with the Fund’s currently effective managed distribution plan (the “Plan”), whereby the Fund will make monthly distributions to shareholders at a fixed amount of $0.085 per share.
  • No conclusions should be drawn about the Fund’s investment performance from the amount of the Fund’s distributions or from the terms of the Fund’s Plan.

SABA’s Board of Trustees Approves Share Repurchase Program, Reverse Stock Split, and Declassification of Board of Trustees

Retrieved on: 
Mercoledì, Maggio 1, 2024

The repurchase program will require reauthorization by the Board for each new fiscal year.

Key Points: 
  • The repurchase program will require reauthorization by the Board for each new fiscal year.
  • The Board has approved a reverse stock split (the “Reverse Split”) of the Fund’s common shares at a ratio of 1-for-2.
  • As of the Effective Date, every two shares of the Fund’s issued and outstanding common shares will be converted into one common share.
  • The annual election of all trustees at once will align the Fund’s corporate governance to the best-in-class standard of the industry.

Philippines Construction Equipment Rental Market Assessment & Forecasts 2024-2029: Flood Mitigation and Adaptation Projects, Infrastructure Flagship Projects Fueling Demand - ResearchAndMarkets.com

Retrieved on: 
Lunedì, Aprile 29, 2024

The Philippines construction equipment rental market was estimated at 175.9 million in 2023 and is expected to grow at a CAGR of 5.06% from 2023-2029.

Key Points: 
  • The Philippines construction equipment rental market was estimated at 175.9 million in 2023 and is expected to grow at a CAGR of 5.06% from 2023-2029.
  • Caterpillar, Komatsu, Volvo CE, Hitachi Construction Machinery, XCMG, and SANY are leaders in the Philippines construction equipment rental market.
  • JCB, Kubota, Kobelco, Zoom Lion, and Sumitomo Construction Machinery are emerging in the Philippines construction equipment rental market.
  • This effort targets improving national and communal irrigation systems to boost farmer productivity and profitability while driving demand for earthmoving machinery rentals in government-led projects in the Philippines construction equipment rental market.

Knightscope Delivers On 9 New Deployments and Signs 2 New Contracts

Retrieved on: 
Martedì, Aprile 23, 2024

The contracts announced today are from Illinois and Kentucky, and the new deployments are in Arizona, California, Louisiana, and Nevada.

Key Points: 
  • The contracts announced today are from Illinois and Kentucky, and the new deployments are in Arizona, California, Louisiana, and Nevada.
  • View the full release here: https://www.businesswire.com/news/home/20240423713868/en/
    Knightscope Delivers On 9 New Deployments and Signs 2 New Contracts (Graphic: Business Wire)
    A university in the Chicago area is upgrading 5 of its emergency communication systems with Knightscope’s upgrade kit.
  • Modern blue light emergency phones and call boxes are the key to curing an overconfident dependence on cell phones.
  • Knightscope continues to chip away at its backlog of sales by delivering robots to 9 new locations, one of which remains confidential.