KAR

ROBOTWORLD 2024 Presents Early Application Discount Promotions Until June

Retrieved on: 
金曜日, 5月 31, 2024

ROBOTWORLD 2024 , focusing on robotics from A to Z, is offering an early registration discount to companies interested in participating, before the event.

Key Points: 
  • ROBOTWORLD 2024 , focusing on robotics from A to Z, is offering an early registration discount to companies interested in participating, before the event.
  • View the full release here: https://www.businesswire.com/news/home/20240530689790/en/
    ROBOTWORLD 2024 is offering an early registration discount up to 20% on booth costs until June .
  • ROBOTWORLD 2024 will take place October 23-26 at KINTEX in Ilsan, Korea (Graphic: ROBOTWORLD)
    The Korea Association of Robot Industry (KAR) announced an early application discount promotion for ROBOTWORLD.
  • "Given the strong interest from companies seeking to participate in ROBOTWORLD," said an official from the Korea Association of Robot Industry, "we anticipate a record number of applications during the early application discount period.

Anabranch Capital Management intends to reject Forseti III AB’s offer to the shareholders of Karnov Group AB

Retrieved on: 
木曜日, 5月 16, 2024

Funds managed by Anabranch Capital Management, LP (“Anabranch”) have owned shares of Karnov Group AB (“Karnov” or the “Company”) (KAR SS) since June 2023 and currently own more than 5.7 million shares, corresponding to approximately 5.3% of all outstanding shares in the Company.

Key Points: 
  • Funds managed by Anabranch Capital Management, LP (“Anabranch”) have owned shares of Karnov Group AB (“Karnov” or the “Company”) (KAR SS) since June 2023 and currently own more than 5.7 million shares, corresponding to approximately 5.3% of all outstanding shares in the Company.
  • Anabranch believes the SEK 84 per share offer from Forseti III AB is far below Karnov’s intrinsic value, and Anabranch intends to reject the offer.
  • Disclaimer: The views expressed are those of the authors and Anabranch Capital Management, LP as of the date referenced and are subject to change at any time based on market or other conditions.
  • These views are not intended to be a forecast of future events or a guarantee of future results.

OPENLANE Announces Participation in Upcoming Investor Conference

Retrieved on: 
木曜日, 5月 9, 2024

CARMEL, Ind., May 9, 2024 /PRNewswire/ -- OPENLANE, Inc. (NYSE: KAR), a leading operator of digital marketplaces for wholesale used vehicles, will participate in the J.P. Morgan Global Technology, Media and Communications Conference on Monday, May 20, 2024, at 1:10pm ET.

Key Points: 
  • CARMEL, Ind., May 9, 2024 /PRNewswire/ -- OPENLANE, Inc. (NYSE: KAR), a leading operator of digital marketplaces for wholesale used vehicles, will participate in the J.P. Morgan Global Technology, Media and Communications Conference on Monday, May 20, 2024, at 1:10pm ET.
  • Participating in the conference will be OPENLANE's Peter Kelly, CEO, and Brad Lakhia, EVP and Chief Financial Officer.

Kayne Anderson Rudnick Appoints Tyler Cantarano as Research Analyst

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木曜日, 4月 25, 2024

LOS ANGELES, April 25, 2024 /PRNewswire/ -- Kayne Anderson Rudnick (KAR), a leading investment management firm, announced today that Tyler Cantarano has joined the firm as a research analyst, reporting directly to KAR Head of Research, Todd Beiley.

Key Points: 
  • LOS ANGELES, April 25, 2024 /PRNewswire/ -- Kayne Anderson Rudnick (KAR), a leading investment management firm, announced today that Tyler Cantarano has joined the firm as a research analyst, reporting directly to KAR Head of Research, Todd Beiley.
  • Prior to KAR, Cantarano spent four years at Franklin Templeton, most recently serving as an equity analyst working on small cap and mid cap equity funds.
  • "We are pleased to welcome Tyler, whose career in equity research began in 2017, to our U.S. equity research team here at KAR," said Beiley.
  • "KAR's high quality-oriented investment approach is built on unique research processes, where Tyler will be a valuable addition."

OPENLANE to Announce First Quarter 2024 Earnings

Retrieved on: 
火曜日, 4月 16, 2024

CARMEL, Ind., April 16, 2024 /PRNewswire/ -- OPENLANE, Inc. (NYSE: KAR), a leading operator of digital marketplaces for wholesale used vehicles, will release its first quarter 2024 financial results after the market closes on Wednesday, May 1, 2024.

Key Points: 
  • CARMEL, Ind., April 16, 2024 /PRNewswire/ -- OPENLANE, Inc. (NYSE: KAR), a leading operator of digital marketplaces for wholesale used vehicles, will release its first quarter 2024 financial results after the market closes on Wednesday, May 1, 2024.
  • OPENLANE will also host an earnings conference call and webcast following the release on Wednesday, May 1, 2024, at 4:30 p.m.
  • The call will be hosted by OPENLANE Chief Executive Officer Peter Kelly and Chief Financial Officer Brad Lakhia.
  • The conference call may be accessed by calling 1-833-634-2155 and asking to join the OPENLANE call.

OPENLANE Announces Participation in Upcoming Investor Conference

Retrieved on: 
木曜日, 3月 14, 2024

CARMEL, Ind., March 14, 2024 /PRNewswire/ -- OPENLANE, Inc. (NYSE: KAR), a leading operator of digital marketplaces for wholesale used vehicles, will participate in the BofA Securities Automotive Summit 2024 on Wednesday, Mar.

Key Points: 
  • CARMEL, Ind., March 14, 2024 /PRNewswire/ -- OPENLANE, Inc. (NYSE: KAR), a leading operator of digital marketplaces for wholesale used vehicles, will participate in the BofA Securities Automotive Summit 2024 on Wednesday, Mar.
  • 27, 2024, at 8:50am ET.
  • Participating in the conference will be OPENLANE's Peter Kelly, CEO, James Coyle, EVP and President, North American Marketplaces and Mike Eliason, Treasurer and VP, Investor Relations.

OPENLANE Announces Retirement of Mike Eliason, Treasurer and Vice President of Investor Relations

Retrieved on: 
火曜日, 2月 27, 2024

CARMEL, Ind., Feb. 27, 2024 /PRNewswire/ -- OPENLANE, Inc. (NYSE: KAR), a leading operator of digital marketplaces for wholesale used vehicles, announced that Mike Eliason, Treasurer and Vice President of Investor Relations, is retiring after more than 25 years at the company, effective June 1, 2024. Eliason will continue to serve in his position until a successor is named to ensure a seamless transition.

Key Points: 
  • Eliason will continue to serve in his position until a successor is named to ensure a seamless transition.
  • OPENLANE will conduct a thorough national search process for Eliason's successor.
  • Upon Eliason's retirement, Brad Lakhia, EVP and Chief Financial Officer, will assume the role of Treasurer.
  • "I want to thank Mike for his leadership and congratulate him on his well-deserved retirement."

OPENLANE Promotes Will Mitchell to Lead AFC

Retrieved on: 
火曜日, 2月 13, 2024

CARMEL, Ind., Feb. 13, 2024 /PRNewswire/ -- OPENLANE, Inc. (NYSE: KAR), a leading operator of digital marketplaces for wholesale used vehicles, announces the promotion of Will Mitchell to president of AFC effective April 1, 2024. In his expanded role, Mitchell will oversee the vision, strategy and all operations for AFC, including business development, sales, field and commercial operations. Mitchell will also become a member of OPENLANE's executive leadership team and report to OPENLANE CEO Peter Kelly.

Key Points: 
  • In his expanded role, Mitchell will oversee the vision, strategy and all operations for AFC, including business development, sales, field and commercial operations.
  • Mitchell will also become a member of OPENLANE's executive leadership team and report to OPENLANE CEO Peter Kelly.
  • "Will is an experienced and forward-thinking leader with a bold vision for AFC," said Peter Kelly, CEO of OPENLANE.
  • Prior to his time with AFC, Mitchell held business development and strategy roles at companies in the energy and other industries.

OPENLANE to Announce Fourth Quarter and Full Year 2023 Earnings

Retrieved on: 
水曜日, 2月 7, 2024

CARMEL, Ind., Feb. 7, 2024 /PRNewswire/ -- OPENLANE, Inc. (NYSE: KAR), a leading operator of digital marketplaces for wholesale used vehicles, will release its fourth quarter 2023 financial results after the market closes on Tuesday, February 20, 2024.

Key Points: 
  • CARMEL, Ind., Feb. 7, 2024 /PRNewswire/ -- OPENLANE, Inc. (NYSE: KAR), a leading operator of digital marketplaces for wholesale used vehicles, will release its fourth quarter 2023 financial results after the market closes on Tuesday, February 20, 2024.
  • OPENLANE will also host an earnings conference call and webcast following the release on Tuesday, February 20, 2024, at 5:00 p.m.
  • The call will be hosted by OPENLANE Chief Executive Officer Peter Kelly and Chief Financial Officer Brad Lakhia.
  • The conference call may be accessed by calling 1-833-634-2155 and asking to join the OPENLANE call.

OPENLANE Launches Visual Boost AI™ to Pinpoint Vehicle Damage

Retrieved on: 
水曜日, 1月 3, 2024

CARMEL, Ind., Jan. 3, 2024 /PRNewswire/ -- OPENLANE, Inc. (NYSE: KAR), a leading operator of digital marketplaces for wholesale used vehicles, announces the launch of Visual Boost AI™, new damage detection overlays for every dealer-consigned vehicle in OPENLANE's US marketplace. The AI-powered technology supplements vehicle inspection data by prominently highlighting detected exterior damage directly on photos within the condition report (CR), making it faster and easier for interested buyers to accurately locate and assess potential defects before making a purchase decision.

Key Points: 
  • Now available on all dealer-consigned vehicles in OPENLANE's US marketplace, Visual Boost AI leverages artificial intelligence and computer vision technology to provide a virtual overlay of any exterior damage detected.
  • "OPENLANE's Visual Boost AI really improves the quality of the inspections, giving me 60%-70% extra confidence about the major damage on the vehicle," said Rami Mourtaja, general manager of R B Morgan Co in Houston, Texas.
  • Innovated in partnership with Click-Ins Visual Intelligence platform for vehicle inspections, Visual Boost AI expands the company's portfolio of mobile-based artificial intelligence capabilities for damage detection and vehicle inspections.
  • OPENLANE's network of independent vehicle inspectors scan the vehicle using their smartphone camera as part of their regular inspection process.