CIC

Securitas issues a MEUR 500 Eurobond

Retrieved on: 
Friday, February 23, 2024

STOCKHOLM, Feb. 23, 2024 /PRNewswire/ -- Securitas has today successfully closed a MEUR 500 bond in the Eurobond market with maturity in 2030.

Key Points: 
  • STOCKHOLM, Feb. 23, 2024 /PRNewswire/ -- Securitas has today successfully closed a MEUR 500 bond in the Eurobond market with maturity in 2030.
  • The coupon was 3.875 percent including a margin of 115 basis points.
  • The proceeds will mainly be used to refinance existing debt.
  • The joint lead managers were BofA Securities, CIC, Commerzbank, Danske Bank, DNB and UniCredit.

Ironwood Pharmaceuticals Reports Fourth Quarter and Full Year 2023 Results; Achieves 2023 Financial Guidance

Retrieved on: 
Thursday, February 15, 2024

Total revenues in the fourth quarter of 2023 were $117.6 million, compared to $107.2 million in the fourth quarter of 2022.

Key Points: 
  • Total revenues in the fourth quarter of 2023 were $117.6 million, compared to $107.2 million in the fourth quarter of 2022.
  • Operating expenses in the fourth quarter of 2023 were $80.0 million, compared to $38.8 million in the fourth quarter of 2022.
  • Adjusted EBITDA was $39.9 million in the fourth quarter of 2023, compared to $68.7 million in the fourth quarter of 2022.
  • Ironwood generated $35.8 million in cash from operations in the fourth quarter of 2023, compared to $79.2 million in cash from operations in the fourth quarter of 2022.

Osivax Announces Vaccination of First Participant in First-in-Human Trial Evaluating Sarbecovirus Vaccine Candidate OVX033

Retrieved on: 
Thursday, February 15, 2024

Osivax , a biopharmaceutical company developing vaccines to provide broad-spectrum protection against highly mutating infectious viruses, today announced that the first participant has been vaccinated in its new Phase 1 trial ( NCT06128382 ) evaluating OVX033, a broad-spectrum sarbecovirus vaccine candidate.

Key Points: 
  • Osivax , a biopharmaceutical company developing vaccines to provide broad-spectrum protection against highly mutating infectious viruses, today announced that the first participant has been vaccinated in its new Phase 1 trial ( NCT06128382 ) evaluating OVX033, a broad-spectrum sarbecovirus vaccine candidate.
  • In a rabbit toxicology study, the vaccine candidate also showed an excellent safety and tolerance profile after intramuscular administration.
  • One single dose of OVX033 vaccine or of placebo will be administered intramuscularly in 48 healthy subjects aged 18-49 years.
  • OVX033 is based on Osivax’ cutting-edge technology, OligoDOMTM, which has already established promising proof-of-concept data with OVX836, a broad-spectrum influenza A vaccine candidate currently being evaluated in several Phase 2 clinical studies.

Beltone Serene Hearing Aid Technology Available in Full Range of Popular Styles to Suit All Hearing Needs

Retrieved on: 
Tuesday, February 6, 2024

CHICAGO, Feb. 6, 2024 /PRNewswire/ -- Beltone, named one of America's Best Retailers and Customer Service for Hearing Care by Newsweek, announced today that its innovative Beltone Serene™ hearing aid technology will be available in a full range of popular styles to meet the diverse needs of individuals with hearing loss. Beltone Serene hearing aids, Beltone's smallest devices yet, come highly recommended for hearing in noisy situations,1 and are packed with all the features users need to hear their best in any situation, while embracing the next generation of Bluetooth® connectivity.

Key Points: 
  • David Molella, President of Beltone North America, shares his enthusiasm, "We are thrilled to be pioneers in offering Auracast technology with our Beltone Serene hearing aids as it will significantly improve accessibility in public spaces for individuals with hearing loss.
  • The expanded product line also offers individuals a wider range of options to best suit their needs and preferences, complementing Beltone Serene's cutting-edge next generation of hearing and connectivity."
  • 2
    Plus, all Beltone Serene styles are discreetly designed for all-day comfort, weatherproof, sweatproof, and available in a diverse range of color options to match individuals' unique styles.
  • The Beltone Serene extended family of hearing aids will be available at Beltone locations nationwide starting February 22, 2024.

Cleo Unlocks the Future of Supply Chain Execution with Latest Cloud-Based B2B Integration Platform Extension

Retrieved on: 
Monday, February 5, 2024

(Manifest 2024)-- Cleo , the pioneer and global leader of the Ecosystem Integration software category and provider of the Cleo Integration Cloud (CIC) platform, today announced CIC for Logistics and Transportation, a solution designed to bring efficiency, optimization, and resilience to supply chain execution.

Key Points: 
  • (Manifest 2024)-- Cleo , the pioneer and global leader of the Ecosystem Integration software category and provider of the Cleo Integration Cloud (CIC) platform, today announced CIC for Logistics and Transportation, a solution designed to bring efficiency, optimization, and resilience to supply chain execution.
  • Among its many customers, Cleo counts Verst Logistics, Century Supply Chain Solutions, Genpro Inc., R2 Logistics, Burris Logistics, USA Truck, CTSI-Global, and over 400 others participating in the Logistics and Transportation industry.
  • “Cleo is the hub of how we move data in and out of our supply chain optimization platform VIZIV.
  • “By combining our platform, network, and services offerings, Cleo is empowering customers to thrive regardless of organizational maturity or external market conditions.

Hotchkiss Insurance Announces Gary D. Lindsey's Promotion to Vice President of Sales

Retrieved on: 
Monday, February 5, 2024

DALLAS, Feb. 5, 2024 /PRNewswire/ -- Hotchkiss Insurance, a leading independent insurance agency in Texas, is pleased to announce the well-deserved promotion of Gary D. Lindsey to the position of Vice President of Sales.

Key Points: 
  • DALLAS, Feb. 5, 2024 /PRNewswire/ -- Hotchkiss Insurance, a leading independent insurance agency in Texas, is pleased to announce the well-deserved promotion of Gary D. Lindsey to the position of Vice President of Sales.
  • Gary D. Lindsey, CIC, CRM, has been an integral part of Hotchkiss Insurance, serving as a partner and demonstrating exceptional leadership since joining the firm as a commercial insurance specialist.
  • According to Mike Hotchkiss, CEO of Hotchkiss Insurance: "Gary Lindsey's impact on our organization has been remarkable.
  • His promotion to Vice President of Sales is a reflection of his ongoing commitment to excellence and his significant contributions to the agency.

Genpro Revolutionizes its Supply Chain Operations with Strategic Migration to the Cleo Integration Cloud in Under 4 Months

Retrieved on: 
Tuesday, January 30, 2024

Genpro Inc ., an innovator in the logistics and transportation industry since 1989, announces a strategic advancement in its technological infrastructure with the migration to Cleo Integration Cloud (CIC) .

Key Points: 
  • Genpro Inc ., an innovator in the logistics and transportation industry since 1989, announces a strategic advancement in its technological infrastructure with the migration to Cleo Integration Cloud (CIC) .
  • "This strategic decision to migrate to CIC marks another milestone in our journey of technological excellence," said Juliette Samson, CIO of Genpro.
  • The migration to Cleo Integration Cloud, facilitated by The Persimmon Group (PGI) & Cleo’s Transaction Monitoring & Management team, showcases a seamless integration process, highlighting the robust, long-standing partnership between Genpro, PGI, and Cleo.
  • Genpro’s proactive approach to adopting the Cleo Integration Cloud positions the company to continue its legacy as a leader in logistics technology, driving innovation and efficiency in the industry.

Cleo Advances Risk Management Agenda for CIOs with Latest Platform Updates

Retrieved on: 
Thursday, January 25, 2024

With the increasing number of state-level mandates, Cleo stays on top of assuring data compliance for customers operating under these unique requirements.

Key Points: 
  • With the increasing number of state-level mandates, Cleo stays on top of assuring data compliance for customers operating under these unique requirements.
  • Cleo has implemented a framework to enable organizations to deploy best-practices in identity and access control.
  • Cleo has enhanced the certificate management capabilities natively available within Cleo Integration Cloud to provide users ease of use.
  • In an interconnected digital system, your supply chain is often only as secure as your weakest link,” said Mahesh Rajasekharan, President and CEO of Cleo.

AvidWater, LLC - California's leading agriculture irrigation dealer and design-build construction company promotes Frank Toves to President

Retrieved on: 
Tuesday, January 23, 2024

FRESNO, Calif., Jan. 23, 2024 /PRNewswire-PRWeb/ -- AvidWater Announces Frank M Toves as New President

Key Points: 
  • AvidWater, LLC promotes current Director of Sales and Marketing, Frank Malone Toves, to position of President effectively immediately.
  • Frank Toves
    AvidWater, a leading design-build agriculture irrigation construction and services company, is pleased to announce the appointment of Frank Toves as its new President.
  • Frank brings a wealth of experience to the role, having demonstrated exceptional leadership and achievements in the agriculture irrigation industry.
  • Frank Toves officially assumes the role of President effectively immediately and will report to Richard Klapholz, the global CEO of Rivulis Irrigation.

USD 1.76 billion growth expected in Lithium-Sulfur Battery Market between 2022 and 2027, Analysing growth in Europe - 17,000+ Technavio Research Reports

Retrieved on: 
Tuesday, January 23, 2024

NEW YORK, Jan. 22, 2024 /PRNewswire/ -- The lithium-sulfur battery market size is expected to grow by USD 1.76 billion from 2022 to 2027, according to Technavio.

Key Points: 
  • NEW YORK, Jan. 22, 2024 /PRNewswire/ -- The lithium-sulfur battery market size is expected to grow by USD 1.76 billion from 2022 to 2027, according to Technavio.
  • In addition, the growth momentum of the market will progress at a CAGR of 33.06% during the forecast period.
  • The US, a major contributor to North America's Li-S battery market revenue, experiences high drone and EV adoption, necessitating batteries with extended runtime.
  • The train battery market is estimated to grow at a CAGR of 5.45% between 2022 and 2027.