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GigaCloud Technology Inc Announces Fourth Quarter 2023 and Year Ended December 31, 2023 Financial Results

Retrieved on:

Friday, March 15, 2024

Gross profit was $69.8 million in the fourth quarter of 2023, an increase of 161.4% from $26.7 million in the fourth quarter of 2022.

Key Points:

Gross profit was $69.8 million in the fourth quarter of 2023, an increase of 161.4% from $26.7 million in the fourth quarter of 2022.
Gross margin increased to 28.5% in the fourth quarter of 2023 from 21.2% in the fourth quarter of 2022.
Net income was $35.6 million in the fourth quarter of 2023, an increase of 184.8% from $12.5 million in the fourth quarter of 2022.
Net income margin increased to 14.5% in the fourth quarter of 2023 from 9.9% in the fourth quarter of 2022.

Statement by Oasis on “A Better Kao”

Retrieved on:

Thursday, April 4, 2024

Finance, Cosmetics, Retail, Professional Services, Asset Management, Growth, Exercise, Health, Stock, JT, Kao Corporation, Financial instrument, Estée Lauder, Marketing, Procter & Gamble, Movement, Personal care, Public utility

Oasis Management Company Ltd. (“Oasis”) is the manager to funds that own shares of Kao Corporation (4452 JT) (“Kao” or the “Company”).

Key Points:

Oasis Management Company Ltd. (“Oasis”) is the manager to funds that own shares of Kao Corporation (4452 JT) (“Kao” or the “Company”).
Oasis has adopted the Japan FSA’s “Principles for Responsible Institutional Investors” (a/k/a the Japan Stewardship Code) and in line with those principles, Oasis monitors and engages with its investee companies.
To achieve its full potential, Oasis urges the Company to:
Prioritize the international growth of core cosmetics and skincare brands.
We welcome all stakeholders to contact Oasis at [email protected] and join the movement to create A Better Kao.

Siemens, Universal Robots, and Zivid Unveil Next-Generation Solution for Intra-Logistics Fulfillment

Retrieved on:

Wednesday, March 27, 2024

Siemens, Universal Robots (UR), and Zivid have joined forces to create a groundbreaking solution that streamlines warehouse automation and solves the persistent challenges of intra-logistics fulfillment tasks.

Key Points:

Siemens, Universal Robots (UR), and Zivid have joined forces to create a groundbreaking solution that streamlines warehouse automation and solves the persistent challenges of intra-logistics fulfillment tasks.
The trio have been demonstrating this solution in recent trade shows and events, and will host a webinar titled "The Next-Generation Solution of Intra-Logistics Fulfillment” to showcase the solution on Thursday April 4.
(Photo: Business Wire)
"We are excited to collaborate with Universal Robots and Zivid to introduce a game-changing solution for intra-logistics fulfillment," says Ignacio Moreno, Business Development Manager at Siemens.
“By combining our 3D vision solution with Siemens and UR, we offer a robust solution that addresses the evolving needs of the logistics and e-commerce sectors," says Amy Landau, Product Marketing Engineer at Zivid.

Tachyum Solidifies Reliability, Availability and Serviceability of Prodigy Universal Processor

Retrieved on:

Tuesday, March 26, 2024

Data Management, Semiconductor, Technology, Networks, Artificial Intelligence, Internet, Hardware, Prodigy, GTC, PSU, CAPEX, OPEX, Device, GPU, Learning, Memory, Risk, RAS, HPC, AI, Linux, Stock, Nvidia, Parity, Universal, NIC, EF, Economics, Availability, Silicon, Video game

Additional RAS features built into Prodigy include:

Key Points:

Additional RAS features built into Prodigy include:
Tachyum has incorporated redundant power supply unit (PSU) fans, network interface card (NIC) and efficient maintenance into its Prodigy evaluation platform.
When launched, Tachyum will offer data center family SKUs with a 5-year warranty/support period and 10-year warranty/support periods for enterprise/telco family SKUs.
The Tachyum RAS paper complements an earlier Tachyum white paper which showcased a large Prodigy lead customer data center designed to run 8,000 EF of AI performance where RAS will be a critical component.
Those interested in learning more about Tachyum’s RAS strategy and how it extends reliability, availability and serviceability in the data center can download the full white paper at https://www.tachyum.com/resources/whitepapers/2024/03/26/tachyum-prodigy... .

Hilgers Graben Adds Attorney Scott Mascianica to Lead Government Investigations Team

Retrieved on:

Monday, March 18, 2024

Legal, Professional Services, Stock, News, Holland & Knight, Government

Nationwide litigation firm Hilgers Graben has announced that attorney Scott Mascianica will join its Dallas office as a partner and head of the firm’s Government Investigations and Regulatory Enforcement group.

Key Points:

Nationwide litigation firm Hilgers Graben has announced that attorney Scott Mascianica will join its Dallas office as a partner and head of the firm’s Government Investigations and Regulatory Enforcement group.
Hilgers Graben’s Government Investigations and Regulatory Enforcement practice is comprised of former federal government prosecutors, SEC enforcement attorneys, and big law partners.
Mr. Mascianica most recently was a partner at the Dallas office of Holland & Knight, where he was co-chair of the firm’s Securities Enforcement Defense team.
With 140 attorneys nationwide, Hilgers Graben uses common-sense business principles to provide high-value legal services while keeping rates reasonable for clients.

TCW Global Real Estate Fund Recognized in 2024 Refinitiv Lipper Awards

Retrieved on:

Thursday, March 14, 2024

Asset Management, Professional Services, Finance, COVID-19, Stock, TCW Group, Lipper

The TCW Group, a leading global asset management firm, announced today that its TCW Global Real Estate Fund (TGREX) was honored with a Lipper Award in the Global Real Estate Funds category for the 5-year period, ended November 30, 2023.

Key Points:

The TCW Group, a leading global asset management firm, announced today that its TCW Global Real Estate Fund (TGREX) was honored with a Lipper Award in the Global Real Estate Funds category for the 5-year period, ended November 30, 2023.
The TCW Global Real Estate Fund provides highly concentrated positions in the global real estate universe with an opportunistic and long-term focus.
“The key to this Fund’s success has been the team’s focus on long-term secular trends that impact the real estate market which has led to underweight positions in office and retail commercial real estate since before Covid and strategically adding in areas such as data centers, cell towers, and residential.”
Refinitiv Lipper Fund Awards pay tribute to outstanding fund performance.
Based on Lipper's quantitative, proprietary methodology, the awards reflect a truly independent and uncompromised assessment of fund performance.

Marine Corps Exchange Embarks on a Global ERP and Inventory Management Transformation with Jesta I.S. and the Cloud

Retrieved on:

Wednesday, March 13, 2024

is thrilled to announce that Marine Corps Community Services (MCCS) has selected Jesta I.S.’s foundational Merchandising ERP for the digital transformation of its Marine Corps Exchange (MCX) stores, totalling more than 160 worldwide.

Key Points:

is thrilled to announce that Marine Corps Community Services (MCCS) has selected Jesta I.S.’s foundational Merchandising ERP for the digital transformation of its Marine Corps Exchange (MCX) stores, totalling more than 160 worldwide.
The modern architecture of Jesta’s Merchandising ERP will also help MCX realize resilient cloud operations and facilitate the adaptability of future technology enhancements.
Currently headquartered in Quantico, VA, the Marine Corps Exchange was founded in 1897 with the opening of the first store at the Marine Barracks in Boston, MA.
“With Jesta’s Merchandising ERP, the foundation of Jesta’s Vision Retail Management Suite, the Marine Corps Exchange has obtained robust capabilities to unify enterprise data, which ensures data integrity.

StrikeTru Automates BigCommerce V2 to V3 Migration for Over 70 Merchants!

Retrieved on:

Sunday, March 31, 2024

Stock, E-commerce, BigCommerce, Product information management, PIM, SKU, Robotics, Commerce, Online shopping

HOUSTON, March 31, 2024 /PRNewswire-PRWeb/ -- StrikeTru helped migrate brands like Solo Stove, Rev Robotics, Sonitek, Realtree, Petroleum Service Company from V2 to V3. With a track record of 100% success rate, StrikeTru has quickly emerged as the partner of choice recommended by BigCommerce for V2 to V3 migration and other eCommerce solutions. Leveraging smart automation and sophisticated logic, StrikeTru's BigCommerce V2-V3 Product Migration Tool minimizes store downtime, eliminates manual efforts and migration risks that can lead to lost sales.

Key Points:

StrikeTru's automated migration tool coupled with premium white-glove support has made the transition to BigCommerce V3 painless for merchants.
Merchants and their agencies are turning to StrikeTru to avoid the risks and costs associated with a manual store migration to V3.
HOUSTON, March 31, 2024 /PRNewswire-PRWeb/ -- StrikeTru helped migrate brands like Solo Stove, Rev Robotics, Sonitek, Realtree, Petroleum Service Company from V2 to V3.
With a track record of 100% success rate, StrikeTru has quickly emerged as the partner of choice recommended by BigCommerce for V2 to V3 migration and other eCommerce solutions.

Moomoo Announces the Moomoo Foundation Establishment, Hosts Financial Literacy Event with NYU's Economic Society

Retrieved on:

Thursday, March 28, 2024

Muumuu, Entrepreneurship, NYU, Student, Stock, Cryptocurrency

Moomoo Foundation's inaugural financial literacy initiative will be held on April 1, 2024.

Key Points:

Moomoo Foundation's inaugural financial literacy initiative will be held on April 1, 2024.
Moomoo Foundation and New York University's Economics Society will host the "Invest your financial feature with moomoo" at NYU's Leslie e-Lab.
"The backing of the Moomoo Foundation enables us to amplify our influence and extend our expertise as we continue on this journey," said Patrick Kelly, Director at Moomoo Foundation.
"We will initiate more foundational programs to support financial literacy and entrepreneurship in the finance and technology fields."

Grant Cardone To Host The 8th Annual 10X Growth Conference For Thousands Of In-Person Attendees and 104,000+ Virtual Registrants!

Retrieved on:

Tuesday, March 26, 2024

Conference, Stock, Name, History, Resorts World, Life, Real estate investing, Growth, Marketing, Usher, Video game

Hollywood, Fla., March 26, 2024 /PRNewswire-PRWeb/ -- The 10X Growth conference (Growth Con) is the largest annual business conference in the world hosted by Equity Fund Manager, Real Estate Investor and executive business consultant Grant Cardone. The yearly conference has been widely acclaimed as a "must-attend" - ranking #1 on Forbes' "10 Most Popular Industry Conferences For Agency Professionals (And Why You Should Attend Them)".

Key Points:

On April 2-4, 2024, Grant Cardone will host the 8th annual 10X Growth Conference at The Diplomat Beach Resort in Hollywood, Florida.
Mysteriously, according to Cardone, this sold-out event is set to be "the most controversial Growth Conference" in history.
Hollywood, Fla., March 26, 2024 /PRNewswire-PRWeb/ -- The 10X Growth conference (Growth Con) is the largest annual business conference in the world hosted by Equity Fund Manager, Real Estate Investor and executive business consultant Grant Cardone.
This year's 10X Growth Conference, (Growth Con 8), has already sold out without revealing the name of a single guest speaker for the event.