IHS Markit

Cerence Announces Second Quarter Fiscal Year 2024 Results

Retrieved on: 
torsdag, maj 9, 2024
Sale, Table, Nature, TTM, Toyota, Risk, AI, Health, Depreciation, Annual report, Yoy, Security (finance), Webcast, Forecasting, Growth, Original equipment manufacturer, COVID-19, Income tax, Acquisition, Failure, Professional services, Hamas, Bank statement, ID, IHS Markit, GAAP, Connected, Houthi movement

BURLINGTON, Mass., May 09, 2024 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC), AI for a world in motion, today reported its second quarter fiscal year 2024 results for the quarter ended March 31, 2024.

Key Points: 
  • Based on IHS Markit data, global auto production increased 8% over the same time period ended on March 31, 2024.
  • For the fiscal quarter ending June 30, 2024, revenue is expected to be in the range of $66 million to $72 million.
  • KPIs should not be considered superior to, or a substitute for, operating results prepared in accordance with GAAP.
  • Change in number of Cerence connected cars shipped: The year-over-year change in the number of cars shipped with Cerence connected solutions.

TrustQuay Viewpoint Appoints Guy Harrison as New CEO to Spearhead Global Strategy to Digitalise the Trust and Corporate Services Sector

Retrieved on: 
tisdag, maj 7, 2024
Technology, Finance, Fintech, Business, Professional Services, Digital Cash Management, Digital Assets, Software, Asset Management, Data Management, Goldman Sachs, Guy P. Harrison, Trust, AML, Software as a service, KYC, Risk, IHS Markit, Growth

TrustQuay Viewpoint (TQVP), the SaaS technology solution provider of choice for the trust and corporate services market, today announced the appointment of Guy Harrison as Chief Executive Officer (CEO).

Key Points: 
  • TrustQuay Viewpoint (TQVP), the SaaS technology solution provider of choice for the trust and corporate services market, today announced the appointment of Guy Harrison as Chief Executive Officer (CEO).
  • This key leadership appointment is aimed at driving the company’s global growth and supporting the digital transformation in the Trust and Corporate Service Provider (TCSP) industry.
  • Guy Harrison comes to TrustQuay Viewpoint with a distinguished career, having led significant innovations and growth in AML and KYC compliance across several prestigious firms.
  • Guy Harrison, CEO of TrustQuay Viewpoint stated: "I am honoured to lead TrustQuay Viewpoint at this transformative time in our industry.

Marketing Technology and Intelligence Expert Mike Gingell Named Wiland, Inc. CEO

Retrieved on: 
torsdag, maj 2, 2024
Marketing, Data Management, Digital Marketing, Communications, Technology, Software, Artificial Intelligence, Organization, Gingell, AI, Original equipment manufacturer, Wayne State University, IHS Markit, Growth, Management

The Wiland, Inc. Board of Directors today announced that Mike Gingell has been named the new CEO of Wiland, Inc.

Key Points: 
  • The Wiland, Inc. Board of Directors today announced that Mike Gingell has been named the new CEO of Wiland, Inc.
  • “Wiland is the industry leader in providing insights and solutions that help clients engage consumers and achieve more profitable marketing results,” said CEO Mike Gingell.
  • Most recently, Gingell was the Chief Operating Officer at FordDirect, responsible for the development of corporate strategy and for the day-to-day operational execution of the business.
  • He earned a bachelor’s degree in business administration from Oakland University and a master’s degree in business administration from Wayne State University.

Luna Innovations Appoints New Senior Leadership Across Sales and Product Marketing

Retrieved on: 
torsdag, maj 2, 2024
Defense, Technology, Nanotechnology, Telecommunications, Software, Other Defense, Computer science, CFO, University, Product marketing, Mechanical engineering, Marketing, National Instruments, Mechanical, Manager, Senior, Bachelor, National instrument, Interim, MBA, SOX, IHS Markit, Organization, Engineering, Management

Luna Innovations Incorporated (NASDAQ: LUNA) (“Luna” or the “Company”), a global leader in advanced fiber optic-based technology, today announced the appointment of two new members of its senior leadership team.

Key Points: 
  • Luna Innovations Incorporated (NASDAQ: LUNA) (“Luna” or the “Company”), a global leader in advanced fiber optic-based technology, today announced the appointment of two new members of its senior leadership team.
  • Prior to joining Luna, Mr. Denman served as Senior Vice President of Global Sales and Marketing for National Instruments.
  • Mr. Denman has over 20 years of experience in developing and leading world class strategic sales and marketing organizations.
  • Matthew Friedman was recently appointed Vice President, Product Marketing, responsible for product marketing and management.

Vyzrd Strengthens Leadership Team Amid Continued Global Expansion

Retrieved on: 
måndag, april 8, 2024
Research, S&P Global, Risk, ESG, Climate, IHS Markit, Acquisition, Credit Suisse, Head, Securities research, HSBC, Quantitative, Quantitative research

SYDNEY and LONDON, April 8, 2024 /PRNewswire/ -- Vyzrd, a leading Australian climate technology start-up, is pleased to announce the appointment of two senior industry executives to strengthen its leadership team.

Key Points: 
  • SYDNEY and LONDON, April 8, 2024 /PRNewswire/ -- Vyzrd, a leading Australian climate technology start-up, is pleased to announce the appointment of two senior industry executives to strengthen its leadership team.
  • Bourne remarked, "Joining Vyzrd presents a material opportunity to advance climate analytics within financial markets.
  • Vyzrd CEO, Sunil Rana, underscored the significance of these appointments, "Welcoming Kevin and Greg to Vyzrd is a key milestone for our company as their insights and leadership will propel us forward at this pivotal moment.
  • Bourne's and Wallace's appointments follow another significant appointment that Vyzrd made last year, that of Ross Allen as its Chief Commercial Officer.

Valid8 Financial Bolsters Leadership with Strategic Executive Hires

Retrieved on: 
tisdag, april 2, 2024
Software as a service, Growth, EVP, Amazon, IHS Markit, Record, Yahoo!, Management

BOULDER, Colo., April 2, 2024 /PRNewswire/ -- Valid8 Financial, the leader in Verified Financial Intelligence (VFI), has hired two strategic executives who will play pivotal roles in the company's next phase of growth following its recent $8.5 million Series A funding round. Christina Mautz joins as executive vice president for marketing, and Brett Suchor takes on an expanded role as executive vice president for strategic partnerships.

Key Points: 
  • Christina Mautz joins as executive vice president for marketing, and Brett Suchor takes on an expanded role as executive vice president for strategic partnerships.
  • "Their combined expertise in marketing leadership, product commercialization, financial technology and opening new markets makes them ideal leaders to help drive adoption of our VFI platform."
  • She is a strategic executive and startup advisor with over 20 years of marketing leadership experience.
  • Suchor brings over two decades of financial technology experience to his role as Executive Vice President at Valid8.

Philip R. Lane: The economic outlook and monetary policy

Retrieved on: 
onsdag, april 3, 2024
Consensus, Momentum, Tax, MIR, BLS, Consensus Economics, Wealth, Domestic, IHS Markit, Next Generation, BIS, Transport, DFR, European Commission, Labour, Bank of Greece, BSI, Employment, S&P Global, Governance, Loan, ECB, House, Workforce, ESCB, Policy, Aes, NGEU, Imperial College Business School, Refinitiv, Manufacturing, Cargo, GDP, Index, Household, RHS, Real, Coronavirus, PMI, Disinflation, Confidence, Bank of France, SMA, Food, Competition (economics), Credit, Perception, CES, Economics, Persistent, Personal ordinariate, Disposable product, Bank for International Settlements, Government, SVAR, Growth, Energy, Common, Consensus decision-making, Bank, Rest, ILS, Bloomberg, HICP, IBoxx, Housing, Deutsche Bundesbank, Composite, Unit, Total, Phosphorus
Key Points: 

Gentherm Reports 2023 Fourth Quarter and Full Year Results

Retrieved on: 
onsdag, februari 21, 2024
Acquisition, General Motors, Architecture, Medicine, USD, Temperature, Climate, Investment, Electronics, Original equipment manufacturer, Consumer Electronics Show, ICE, Eyler, Net income, Adjustment, GAAP, EUR, Federal, IHS Markit, UAW, Alertness, Massage, Research, Software, Video game

NORTHVILLE, Mich., Feb. 21, 2024 (GLOBE NEWSWIRE) -- Gentherm (NASDAQ:THRM), the global market leader of innovative thermal management and pneumatic comfort technologies for the automotive industry and a leader in medical patient temperature management systems, today announced its financial results for the fourth quarter and full year ended December 31, 2023.

Key Points: 
  • According to S&P Global’s mid-February 2024 report, actual light vehicle production in the fourth quarter of 2023 increased by 12.8% compared to the fourth quarter of 2022 in the Company’s key markets of North America, Europe, China, Japan and Korea.
  • Selling, general and administrative expenses of $41.9 million in the 2023 fourth quarter increased $5.3 million, or 14.5%, versus the prior year period.
  • Income tax benefit in the 2023 fourth quarter was $0.9 million, as compared with $0.06 million in the prior year period.
  • GAAP diluted earnings per share for the fourth quarter of 2023 was $0.56 compared with a loss of $(0.13) for the prior year period.

S&P Global agrees to acquire Visible Alpha, enhancing investment research capabilities in S&P Capital IQ Pro Platform

Retrieved on: 
tisdag, februari 20, 2024
Slate, Acquisition, Feed, Jefferies Group, Morgan, Lewis & Bockius, Growth, Pleasure, S&P Global, API, SPGI, IHS Markit, LLP, Capital, Alpha, Research, App Store (iOS/iPadOS), Retail

NEW YORK, Feb. 20, 2024 /PRNewswire/ -- S&P Global (NYSE: SPGI) today announced an agreement to acquire Visible Alpha, the financial technology provider of deep industry and segment consensus data, sell-side analyst models and analytics from high-quality, exclusive sources. The acquisition will create a premium offering of fundamental investment research capabilities on S&P Global Market Intelligence's Capital IQ Pro platform. The combination of Visible Alpha with S&P Capital IQ Pro, the flagship S&P Global platform for research and analysis across institutional and corporate markets, reflects S&P Global's continued commitment to be the foremost provider in this space.

Key Points: 
  • The acquisition will create a premium offering of fundamental investment research capabilities on S&P Global Market Intelligence's Capital IQ Pro platform.
  • The combination of Visible Alpha with S&P Capital IQ Pro, the flagship S&P Global platform for research and analysis across institutional and corporate markets, reflects S&P Global's continued commitment to be the foremost provider in this space.
  • "We remain focused on providing our customers outsized value with the very best capabilities," said Adam Kansler, President of S&P Global Market Intelligence.
  • Jefferies LLC is acting as Visible Alpha's exclusive financial advisor and Morgan, Lewis & Bockius LLP is acting as Visible Alpha's legal advisor.

Philip R. Lane: The banking channel of monetary policy

Retrieved on: 
fredag, februari 16, 2024
Online, BSI, Specialization, BLS, Exercise, House, History, AnaCredit, NFPS, Policy, Imir, NII, ECB, T3, BVAR, CES, Housing, Composite, SHSS, Bank, Outlook, IRB, Eurozone, Total, Level, IBoxx, Supervision, Inventory, Deutsche Bundesbank, MFI, Universal, T2, Business, MIR, IHS Markit, Excess, QSA, Florence School, Insurance, Eurosystem, Household, G-SIB, Lombard, T+2, Observation, Rubric, Credit, ILM, Fused quartz

for rates, credit growth in deviation from the start of the cycle (t) in p.p.

Key Points: 
    • for rates, credit growth in deviation from the start of the cycle (t) in p.p.
    • Starting months correspond to the month immediately preceding the first hike or explicit announcement of the hike of the cycle.
    • The dotted lines shows counterfactuals for lending rates and lending volumes, taking December 2021 as the last observation and
      projecting volumes conditional on the path of monetary policy rates.
    • The one for lending volumes is based on the BVAR model in Altavilla,
      Giannone, and Lenza (2016).
    • Composite funding costs are a weighted average of deposit rates
      and average monthly bond yields, with outstanding amounts as weights.
    • Right chart shows
      the contributions of the components to the change in the composite bank funding cost
      between December 2021 and November 2023.
    • Latest observations: 8 February 2024 for bond yields; December 2023 for other series.
    • Notes: ?Others? include shares (listed and not listed as well as those issued by investment
      funds), and insurance and pension schemes.
    • Retail

      Specialised

      Universal

      10

      10

      8

      8

      6

      6

      4

      4

      2

      2

      0

      0

      -2

      -2

      -4
      Jan-20 Aug-20 Mar-21 Oct-21 May-22 Dec-22 Jul-23

      -4

      Sources: ECB (iBSI, iMIR) MPC Task Force on Banking Analysis and ECB calculations.

    • Investment refers to the net
      change in property plant and equipment over assets; cash refers to cash and cash
      equivalents over assets.
    • Households
      loans, credit standards and loan demand
      Rubric
      Changes in credit standards for
      loans to households, and
      contributing factors
      (net percentage)

      0

      30

      -40

      20

      Sources: ECB (BSI) and ECB calculations.

    • Low-income households are those in the bottom 20 per cent
      of the income distribution; high-income households are those in the top 20 per cent.