Omni

Columbia Sportswear Company Reports Third Quarter and First Nine Months 2023 Financial Results; Updates Full Year 2023 Financial Outlook

Retrieved on: 
Thursday, October 26, 2023
Footwear, Fashion, Retail, Sports, Other Retail, Outdoors, Specialty, Omni, Nine Months, Security (finance), Inventory, SG, Patrick (sportswear company), GAAP, Consumer, Nature, Environment, Growth, Balance sheet, PFAS, Capital expenditure, External commercial borrowing, Forecasting, DTC, Australian Financial Review, Investment, Columbia Sportswear, Capital, Video game, Creative industries, Arms industry, Life insurance, Health insurance, Pharmaceutical industry, Renewable energy, Cryptocurrency, Car rental, Rare-earth element, Bank

(All comparisons are between third quarter 2023 and third quarter 2022, unless otherwise noted.)

Key Points: 
  • (All comparisons are between third quarter 2023 and third quarter 2022, unless otherwise noted.)
  • Net sales increased 3 percent (3 percent constant-currency) to $985.7 million from $955.0 million for the comparable period in 2022.
  • Columbia Sportswear Company plans to report fourth quarter 2023 financial results on Thursday, February 1, 2024 at approximately 4:00 p.m.
  • The Company provides a reconciliation of non-GAAP measures to the most directly comparable financial measure calculated in accordance with GAAP.

Ancora Supports Forward Air’s Decision to Evaluate Termination of Prospective Transaction with Omni

Retrieved on: 
Thursday, October 26, 2023
Professional Services, Finance, Omni, Juma Al Majid Holding Group, Management

Ancora Holdings Group, LLC (together with its affiliates, “Ancora” or “we”), which is a top shareholder of Forward Air Corporation (NASDAQ: FWRD) (“Forward Air” or the “Company”), today issued the following statement regarding the Company’s previously announced transaction with Omni Newco LLC (“Omni”).

Key Points: 
  • Ancora Holdings Group, LLC (together with its affiliates, “Ancora” or “we”), which is a top shareholder of Forward Air Corporation (NASDAQ: FWRD) (“Forward Air” or the “Company”), today issued the following statement regarding the Company’s previously announced transaction with Omni Newco LLC (“Omni”).
  • Frederick D. DiSanto, Chairman and Chief Executive Officer of Ancora, and James Chadwick, President of Ancora Alternatives LLC, commented:
    “We are very pleased with Forward Air’s decision to be transparent with shareholders by disclosing its belief that Omni has not complied with aspects of the previously announced merger agreement.
  • In light of this, we – and presumably a critical mass of our fellow shareholders – fully support leadership’s decision to explore a termination of the merger agreement.
  • In our view, terminating the prospective transaction with Omni is a logical and necessary step at this point in time.”

Forward Air Corporation Provides Omni Transaction Update

Retrieved on: 
Thursday, October 26, 2023
Trucking, Transport, Logistics, Supply Chain Management, Other Transport, Omni, TRO, Vii, Xi, Tripura Merger Agreement, Witham Third District IDB, EBITDA, Ix, Risk, Plan, Annual report, Agreement, Sumathi Best Television Current Reporting Award, Transaction, Security (finance), Mergers and acquisitions, Forward

Notwithstanding the dissolution of the TRO, Forward believes that Omni has not complied with certain of its obligations under Sections 7.03 and 7.14 of the Merger Agreement.

Key Points: 
  • Notwithstanding the dissolution of the TRO, Forward believes that Omni has not complied with certain of its obligations under Sections 7.03 and 7.14 of the Merger Agreement.
  • Consequently, Forward believes the closing condition contained in Section 8.02(b) of the Merger Agreement will not be satisfied at the anticipated closing of the transactions under the Merger Agreement, and Forward will not be obligated to close.
  • As a result, Forward is considering its rights and obligations under the Merger Agreement, including potentially exercising its right to terminate the Merger Agreement.
  • In connection with these updates, Forward is withdrawing its previous 2024 target for adjusted EBITDA for the combined company and any other related targets.

New 8x8 XCaaS Cloud Contact Center and Unified Communications Platform Innovations Create Tailored, Enhanced Customer and Employee Experiences

Retrieved on: 
Thursday, October 26, 2023
Data Management, Technology, VoIP, Telecommunications, Software, Internet, Omni, Communication, PSTN, SMS, Security (finance), UCAA, Interface, AV1, Human, Microsoft, OTP Bank, Moldova, AGC, Digital Video Interactive, Organization, EGHT, Automatic gain control, App Store (iOS/iPadOS), Unified communications, API, WhatsApp, Salesforce, Independent software vendor, SLA, City centre, Connect, Microsoft Teams, Objective Systems Integrators, Sender ID, Public switched telephone network, AI, IVR, CCAA, Converse, ZNS, Acceleration, Video game, Customer service, Online shopping, Mobile phone, TEAMS

8x8, Inc. (NASDAQ: EGHT), a leading integrated cloud contact center and unified communications platform provider, today announced the latest 8x8 XCaaS ™ (Experience Communications as a Service™) integrated cloud contact center and unified communications platform innovations for enhanced customer and employee experiences, including AI-powered voice conversational self-service and the ability to elevate contact center interactions to video, further integrations with Microsoft Teams, and 8x8 video meeting enhancements.

Key Points: 
  • 8x8, Inc. (NASDAQ: EGHT), a leading integrated cloud contact center and unified communications platform provider, today announced the latest 8x8 XCaaS ™ (Experience Communications as a Service™) integrated cloud contact center and unified communications platform innovations for enhanced customer and employee experiences, including AI-powered voice conversational self-service and the ability to elevate contact center interactions to video, further integrations with Microsoft Teams, and 8x8 video meeting enhancements.
  • New generally available updates for 8x8 Contact Center include:
    AI-powered Voice Self-Service Enhances Customer Experiences: Recently announced, voice self-service is now available for 8x8’s conversational AI solution, 8x8 Intelligent Customer Assistant .
  • The new solution embeds 8x8 secure video interaction capabilities directly into 8x8 Contact Center, allowing organizations to easily and seamlessly add video for enhanced first contact resolution.
  • 8x8 customers can register for the upcoming 8x8 webinar to learn more about the latest customer and employee experience enhancements to the 8x8 XCaaS platform.

AUTOVATE 2023 Announces Daymond John, Star of ABC’s Shark Tank, as Featured Speaker

Retrieved on: 
Tuesday, October 24, 2023
Alternative Vehicles, Fuels, EV, Electric Vehicles, Automotive, General Automotive, Other Automotive, Recreational Vehicles, Performance & Special Interest, Off-Road Trucks & SUVs, Motorcycles, Fleet Management, Omni, DAS, Nail, Q&A, John Eldon Bankes, Shark Tank, Emmy Awards, Multimedia, Microsoft PowerPoint, ABC, FUBU, Cars.com, NADA, King's Cliffe Banks, TD, Investment, Book, Reynolds and Reynolds, Cryptocurrency, Film industry, The New York Times, Truist

AUTOVATE, the leading automotive retail industry conference, is excited to bring award-winning entrepreneur Daymond John as the featured speaker for the 2023 Scottsdale conference.

Key Points: 
  • AUTOVATE, the leading automotive retail industry conference, is excited to bring award-winning entrepreneur Daymond John as the featured speaker for the 2023 Scottsdale conference.
  • AUTOVATE 2023 will once again bring together top automotive industry executives and investors for a first-class experience to discuss forward-looking trends in automotive technology and retail.
  • View the full release here: https://www.businesswire.com/news/home/20231024619579/en/
    Daymond John, star of ABC's Shark Tank, is an award-winning entrepreneur, New York Times best-selling author, and prolific investor.
  • John will be the featured speaker at this year's AUTOVATE conference in Scottsdale, giving a fireside chat on Dec. 8 at the Omni Montelucia.

Stonepeak Completes Sale of 1.3 Million Square Foot Omni Industrial Campus in Charleston, South Carolina

Retrieved on: 
Tuesday, October 24, 2023
Other Professional Services, Commercial Building & Real Estate, Construction & Property, Finance, Asset Management, Professional Services, Other Construction & Property, Residential Building & Real Estate, Omni, Sale, Real estate, Interstate 26, Port, Interstate Highway System, Population growth, Senior, Growth, Transport, Port of Charleston, Latham & Watkins, Interstate 95, Investment, Bank

Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets, today announced that it has completed the sale of Omni Industrial Campus, a three-building, 1.3 million square foot logistics portfolio in Charleston, South Carolina.

Key Points: 
  • Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets, today announced that it has completed the sale of Omni Industrial Campus, a three-building, 1.3 million square foot logistics portfolio in Charleston, South Carolina.
  • The Port’s expansion is driving additional demand for warehouse space from customers entering and expanding in the Charleston market, making Omni Industrial Campus a prime location for customers given its proximity to strategic transportation infrastructure.
  • “This transaction demonstrates Stonepeak’s ability to identify and execute investments at the intersection of real estate and infrastructure,” said Phill Solomond, Senior Managing Director and Head of Real Estate at Stonepeak.
  • Latham & Watkins LLP served as legal counsel and JLL Capital Markets served as financial advisor to Stonepeak.

Healthcare & Life Sciences Lead the Charge: Fastest-Growing Segment in the Smart Warehousing Market

Retrieved on: 
Tuesday, October 24, 2023
Omni, Technical, Health care, Region, Safety, WMS, Supply, Maintenance, USD, AI, Internet of things, Inventory, Robotics, Privacy by design, Address, Automation, Sustainability, International Growth Centre, RFID, Growth, Predictive analytics, Hardware, Conforama, SME, Privacy, AR, Warehouse, Distribution (marketing), Software

The global smart warehousing market is expected to experience remarkable growth, with projections indicating an increase from USD 20.4 billion in 2023 to a substantial USD 40.5 billion by 2028.

Key Points: 
  • The global smart warehousing market is expected to experience remarkable growth, with projections indicating an increase from USD 20.4 billion in 2023 to a substantial USD 40.5 billion by 2028.
  • These technologies are in high demand due to the growing adoption of IoT, sensors, and AI for optimizing warehouse operations.
  • The Healthcare & Life Sciences segment is anticipated to witness the fastest-growing CAGR during the forecast period.
  • Smart warehousing solutions play a crucial role in this sector, ensuring visibility and efficient management of medicines and medical devices, tracking expiration dates, and maintaining controlled environmental conditions.

AppTech Payments Corp. to Attend WSAA Conference

Retrieved on: 
Wednesday, October 18, 2023
Omni, Education, WSAA, Fintech, Conference, Chocolate liquor, Independent software vendor, Omni La Costa Resort and Spa, Partnership, Optical disc image, IP Payments, IP, Tourism

Virgil Llapitan, President of AppTech, will be joined by Kaylei Wright, Chief of Staff, Mehrak Hamzeh, IP & Payments Director, and Emily Finch, Brand Manager.

Key Points: 
  • Virgil Llapitan, President of AppTech, will be joined by Kaylei Wright, Chief of Staff, Mehrak Hamzeh, IP & Payments Director, and Emily Finch, Brand Manager.
  • During the event, the AppTech team will conduct strategic meetings with other WSAA attendees and network with Independent Sales Organizations and Independent Software Vendors to generate partnership opportunities.
  • WSAA serves individuals and businesses primarily engaged in selling merchant acquiring-related services directly to the retail and ecommerce industries.
  • WSAA’s annual conference is the acquiring industry’s premier event focused on providing networking and education to merchant acquirers, ISOs, MLSs and other payment organizations.

CommerceNext Announces 2024 Dates for Ecommerce Growth Show

Retrieved on: 
Monday, October 23, 2023
Delivery Services, Digital Marketing, Technology, Other Retail, Content Marketing, Specialty, Office Products, Public Relations, Investor Relations, Marketing, Fashion, Advertising, Cosmetics, Communications, Retail, Media, Supply Chain Management, Online Retail, Luxury, Discount, Variety, Home Goods, Department Stores, Electronic Commerce, Omni, Digital, EVP, Central Waqf Council, Chief innovation officer, J.Crew, GoPro, SVP, Customer experience, Poshmark, Abercrombie & Fitch Co. v. Hunting World, Inc., Downtown Boston, New Horizons Computer Learning Centers, Ulta Beauty, Tapestry, New York Hilton Midtown, Chief customer officer, The Estée Lauder Companies, Fashion design, Management

CommerceNext, a community, event series and conference for marketers at retail and direct-to-consumer brands, today announced that the 2024 Ecommerce Growth Show will take place June 11-13 in NYC at the New York Hilton Midtown.

Key Points: 
  • CommerceNext, a community, event series and conference for marketers at retail and direct-to-consumer brands, today announced that the 2024 Ecommerce Growth Show will take place June 11-13 in NYC at the New York Hilton Midtown.
  • Additionally, CommerceNext adds nine new advisors to round out its advisory board to an impressive 51 ecommerce leaders who provide critical feedback and guidance to ensure that conference programming and content are relevant and timely.
  • More than 2,500 ecommerce and retail industry executives are expected to attend CommerceNext in 2024, bringing attendance to nearly 50% larger than last year.
  • “Our 2023 event broke records for attendance and satisfaction scores,” said CommerceNext Co-Founder Scott Silverman.

Dalmore Group to Sponsor CFA LA Annual Portfolio Conference Alongside Blackrock, Invesco And More

Retrieved on: 
Thursday, October 19, 2023
Omni, Invesco, Butler, Investment Week, Landa, Conference, Dalmore, Reg Plummer (field hockey), Black Rock, CF, State Street

LOS ANGELES, Oct. 19, 2023 /PRNewswire/ -- Dalmore Group , the leading broker-dealer for Reg A and CF financing, will sponsor and speak at the 2023 annual Portfolio Conference hosted by the CFA Society of Los Angeles.

Key Points: 
  • LOS ANGELES, Oct. 19, 2023 /PRNewswire/ -- Dalmore Group , the leading broker-dealer for Reg A and CF financing, will sponsor and speak at the 2023 annual Portfolio Conference hosted by the CFA Society of Los Angeles.
  • As one of the West Coast's most prominent conferences for institutional investors, the summit will also bring together sponsors including Blackrock, Invesco, State Street, Principal Asset Management and more.
  • Dalmore Group Chairman Etan Butler will take the stage for a panel alongside North Capital, Shinnecock Partners and Landa to discuss fractionalization of high value assets.
  • "Dalmore has brought order to that market by providing the technology and strategy to bridge the gap between issuers, institutions and investors."