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Amer Sports Reports First Quarter 2024 Financial Results, Company Updates Full Year Guidance
Amer Sports Inc. (NYSE: AS) (“Amer Sports” or the “Company”) today announced its financial results for the first quarter of 2024.
- Amer Sports Inc. (NYSE: AS) (“Amer Sports” or the “Company”) today announced its financial results for the first quarter of 2024.
- Operating profit for the first quarter 2024 was $109 million compared to $130 million for the first quarter 2023.
- Net income for the first quarter 2024 was $7 million compared to $19 million for the first quarter 2023.
- Diluted earnings per share was $0.01 for the first quarter 2024 compared to $0.05 for the first quarter 2023.
Carnegie Investment Counsel Celebrates 50 Years of Success, Unveils Refreshed Brand
CLEVELAND, May 10, 2024 /PRNewswire/ -- Carnegie Investment Counsel ("Carnegie"), an SEC Registered Investment Adviser (RIA) with over $4.5B in assets under management, proudly celebrates 50 years since its original founding, reflecting on its long tenure of growth, success and dedicated client service. In accordance with this milestone, Carnegie is proud to unveil a new brand identity, including updated logos and a new tagline: Invest with Intention, as it looks ahead to continuing its history of delivering trusted advice and guidance for its clients.
- Carnegie was originally founded in 1974 as part of Prescott, Ball and Turben before later evolving into an independent RIA firm, Carnegie Capital Asset Management Company, in 1991.
- In 2009, the organization transitioned to Carnegie Investment Counsel, further expanding its reach, and enhancing its services to ensure greater accessibility and personalization for clients nationwide.
- Today, Carnegie Investment Counsel operates from 9 locations in 5 states across the United States.
- As it steps into its next chapter, Carnegie is more dedicated than ever to empowering clients and their families through strategic investment guidance tailored to their unique needs and goals.
Carnegie Investment Counsel Expands Advisor Opportunities in Key Markets
Key highlights for prospective advisors include:
- Key highlights for prospective advisors include:
Comprehensive Support: Carnegie Investment Counsel offers dedicated marketing, business development, and back-office support, enabling advisors to focus on client relationships. - Ownership Potential: Carnegie Investment Counsel offers competitive compensation and benefits, including equity participation, fostering long-term career growth and ownership opportunities.
- For more information about advisor opportunities at Carnegie Investment Counsel, please contact Gary Wagner at [email protected] or (216) 367-4106.
- Carnegie Investment Counsel ("Carnegie") has been serving investors since 1974, founded by Prescott, Ball & Turben.
Andrew Briggs Appointed Chairman of Farmers & Merchants Bancorp, Inc. and F&M Bank
ARCHBOLD, Ohio, May 03, 2024 (GLOBE NEWSWIRE) -- F&M Bank (“F&M”), an Archbold, Ohio-based bank owned by Farmers & Merchants Bancorp, Inc. (Nasdaq: FMAO) announced the appointment of Andrew Briggs as Chairman of the Board of both the Company and the Bank.
- ARCHBOLD, Ohio, May 03, 2024 (GLOBE NEWSWIRE) -- F&M Bank (“F&M”), an Archbold, Ohio-based bank owned by Farmers & Merchants Bancorp, Inc. (Nasdaq: FMAO) announced the appointment of Andrew Briggs as Chairman of the Board of both the Company and the Bank.
- Kevin Sauder, President and CEO of Sauder Woodworking Company, will continue to serve as Vice Chairman of the Boards of Farmers & Merchants Bancorp, Inc. and F&M Bank.
- I wish him all the best on his retirement from F&M.”
Mr. Briggs, age 69, has served as a director of Farmers & Merchants Bancorp, Inc., and F&M Bank since 2019, and serves on the Enterprise Risk Management Board Committee. - He was the 2019 Chairman of the Indiana Bankers Associations and is a member of the Indiana Bankers 40 Year Club.
Kulicke & Soffa Announces Sizeable Order for Advanced Ball Bonding
SINGAPORE, May 1, 2024 /PRNewswire/ -- Kulicke and Soffa Industries, Inc. (NASDAQ: KLIC) ("Kulicke & Soffa", "K&S", "we" or the "Company") announced today that the Company received a sizable order from a fast-growing Assembly and Test customer. This sizeable order of 1,000 RAPID™ Pro systems, upgraded with the latest ProSuite response-based bonding and looping processes, will be fulfilled over multiple quarters starting from the fourth fiscal quarter of 2024.
- This sizeable order of 1,000 RAPID™ Pro systems, upgraded with the latest ProSuite response-based bonding and looping processes, will be fulfilled over multiple quarters starting from the fourth fiscal quarter of 2024.
- The semiconductor industry continues to experience rapid digital transformation, driven by emerging technologies such as artificial intelligence, high-bandwidth connectivity, and Internet-of-Things (IoT) applications.
- ProSuite provides additional value proposition by providing new response-based bonding and looping capabilities, ensuring competitive production of complex wire bonded packages.
- K&S is preparing to ramp Ball Bonder supply chain and production activities, while aggressively delivering on both ongoing and new customer engagements across its portfolio of Thermocompression, Advanced Dispense and Memory solutions.
Hilco Redevelopment Partners (HRP) CEO Roberto Perez Named to Crain's Chicago Business 2024 Notable Leaders in Sustainability
CHICAGO , April 30, 2024 /PRNewswire/ -- HRP Chief Executive Officer Roberto Perez has been named one of Crain's Chicago Business 2024 Notable Leaders in Sustainability.
- CHICAGO , April 30, 2024 /PRNewswire/ -- HRP Chief Executive Officer Roberto Perez has been named one of Crain's Chicago Business 2024 Notable Leaders in Sustainability.
- This recognition comes amid a period of substantial growth for HRP, a leader in sustainable redevelopment.
- "I am honored to be named one of Crain's 2024 Notable Leaders in Sustainability," Perez said.
- Workforce development is especially close to Roberto's heart, with HRP providing over $100,000 in scholarships to Chicago students since 2019.
Club CMO and Entertainment Marketing Agency FlyteVu Join Forces to Entertain, Educate and Enlighten Top Marketers About the Power of Pop Culture to Audiences
“Offering meaningful opportunities for our members to explore and experience the power of brand marketing firsthand is a key element of our mission,” says Nerissa Sardi, Club CMO Executive Director.
- “Offering meaningful opportunities for our members to explore and experience the power of brand marketing firsthand is a key element of our mission,” says Nerissa Sardi, Club CMO Executive Director.
- “We aim to provide opportunities to expose them to new, inspiring ideas they can bring back to their own organizations.
- Founded in 2015 and based in Nashville, FlyteVu is an award-winning entertainment marketing agency that has developed and executed marketing strategies for today’s leading brands by leveraging the power of pop culture.
- “We are excited to formalize a partnership with Club CMO to bring our industry expertise and knowledge to CMOs in various industries.
Board Declares Quarterly Dividend; Increases Share Repurchase Authorization and Elects New Officer
In addition, the board also approved the repurchase by the company of up to a total of 40 million shares of its common stock.
- In addition, the board also approved the repurchase by the company of up to a total of 40 million shares of its common stock.
- "Today's increased share repurchase authorization will enable our ongoing multi-year return of capital to shareholders," said Howard Yu, executive vice president and chief financial officer.
- The Board also elected Mandy Glew to serve as senior vice president and president, EMEA of the corporation.
- In March, Ms. Glew was promoted to the role of president, EMEA succeeding Carey Causey, Ball's chief growth officer.
Hilco Redevelopment Partners (HRP) Celebrates Earth Day Across the Nation with Community Volunteer Events
"We are excited to celebrate Earth Day by giving back to the communities where we work and live," said Roberto Perez, CEO.
- "We are excited to celebrate Earth Day by giving back to the communities where we work and live," said Roberto Perez, CEO.
- After announcing this endeavor, the HRP team participated in a volunteer gardening event at Bartram's Sankofa Community Farm.
- In Alexandria, our team participated in an Earth Day Clean Up with Friends of the Mount Vernon Trail.
- The Mount Vernon Trail, which runs along HRP's redevelopment of the former Potomac River Generating Station, is maintained by HRP community partners, Friends of the Mount Vernon Trail.