ASR

Syntiant Unveils NDP250 Neural Decision Processor with Next-Gen Core 3 Architecture

Retrieved on: 
Tuesday, April 9, 2024
Cortex, TTS, Speech, 2D, Environment, LSTM, M12, Embedded, GRU, ASR, Classification, PLL, Human, Life, Deep learning, Language, Privacy, GOPS, NDP, Computer data storage

IRVINE, Calif., April 09, 2024 (GLOBE NEWSWIRE) -- Syntiant Corp., a leader in low power edge AI deployment, today introduced its Syntiant® NDP250 Neural Decision Processor™ (NDP), the company’s most powerful chip that delivers 5x the tensor throughput than its previous generation of deep learning hardware.

Key Points: 
  • IRVINE, Calif., April 09, 2024 (GLOBE NEWSWIRE) -- Syntiant Corp., a leader in low power edge AI deployment, today introduced its Syntiant® NDP250 Neural Decision Processor™ (NDP), the company’s most powerful chip that delivers 5x the tensor throughput than its previous generation of deep learning hardware.
  • Built using the Syntiant Core 3™ programmable deep learning architecture, the NDP250 is designed for numerous imaging, speech and sensor applications in power-constrained devices, such as person detection, object classification, automatic speech recognition (ASR), text to speech (TTS) and motion tracking, among others.
  • “Our NDP250 builds on two generations of neural network architectures to deliver 30 GOPS, making it our fastest, highest-performing chip yet,” said Kurt Busch, CEO of Syntiant.
  • Syntiant will be demonstrating the NDP250 and various hardware-agnostic deep learning vison models at Embedded World 2024 (Hall 2 – Booth 2-238), April 9-11 in Nuremberg, Germany.

NVIDIA Digital Human Technologies Bring AI Characters to Life

Retrieved on: 
Monday, March 18, 2024
Cloud, TTS, Speech, GTC, GPU, ACE, Partnership, Ubisoft, SAN, Patient, Character, Perception, ASR, NetEase, AI, RIVA, Life, Animation, Cognition, Hippocrates, DLSS, Non-player character, Language, Monk, Collection, NVIDIA, Perfect World, MiHoYo, SoftServe, Video game

“NVIDIA offers developers a world-class set of AI-powered technologies for digital human creation,” said John Spitzer, vice president of developer and performance technologies at NVIDIA.

Key Points: 
  • “NVIDIA offers developers a world-class set of AI-powered technologies for digital human creation,” said John Spitzer, vice president of developer and performance technologies at NVIDIA.
  • “These technologies may power the complex animations and conversational speech required to make digital interactions feel real.”
    The digital human technologies suite includes language, speech, animation and graphics powered by AI:
    NVIDIA ACE — technologies that help developers bring digital humans to life with facial animation powered by NVIDIA Audio2Face ™ and speech powered by NVIDIA Riva automatic speech recognition (ASR) and text-to-speech (TTS).
  • To showcase the new capabilities of its digital human technologies, NVIDIA worked across industries with leading developers, such as Hippocratic AI, Inworld AI and UneeQ, on a series of new demonstrations.
  • For GTC, NVIDIA collaborated with Hippocratic AI to extend its solution to use NVIDIA ACE microservices, NVIDIA Audio2Face along with NVIDIA Animation graph and NVIDIA Omniverse™ Streamer Client to show the potential of a generative AI healthcare agent avatar.

EXL announces $125 million accelerated share repurchase program

Retrieved on: 
Monday, March 18, 2024
EXL, ASR, Share repurchase, Hand, Citibank

NEW YORK, March 18, 2024 (GLOBE NEWSWIRE) -- EXL [NASDAQ: EXLS], a leading data analytics and digital operations and solutions company, today announced that, as part of its capital allocation program, it has entered into an accelerated share repurchase agreement (the “ASR”) with Citibank, N.A.

Key Points: 
  • NEW YORK, March 18, 2024 (GLOBE NEWSWIRE) -- EXL [NASDAQ: EXLS], a leading data analytics and digital operations and solutions company, today announced that, as part of its capital allocation program, it has entered into an accelerated share repurchase agreement (the “ASR”) with Citibank, N.A.
  • to repurchase $125 million of the company’s common stock.
  • The company plans to fund the repurchase with available cash on hand and/or borrowing from its credit facility.
  • The ASR is a part of the company’s current $500 million stock repurchase program.

FEMSA Announces Accelerated Share Repurchase Agreement

Retrieved on: 
Friday, March 15, 2024
FMX, BMV, ASR, Acquisition, American depositary receipt, ADS, USD, FEMSA, Share repurchase, Pharmaceutical industry

de C.V. (“FEMSA” or the “Company”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) today announced that, consistent with its capital allocation framework and commitment to enhance capital returns to shareholders, it has entered into a derivative instrument known as an accelerated share repurchase (“ASR”) agreement with a financial institution in the United States of America, to repurchase the Company’s shares through the acquisition of American Depositary Shares (“ADS”).

Key Points: 
  • de C.V. (“FEMSA” or the “Company”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) today announced that, consistent with its capital allocation framework and commitment to enhance capital returns to shareholders, it has entered into a derivative instrument known as an accelerated share repurchase (“ASR”) agreement with a financial institution in the United States of America, to repurchase the Company’s shares through the acquisition of American Depositary Shares (“ADS”).
  • Under the terms of the ASR agreement, FEMSA has agreed to repurchase from such financial institution an aggregate amount of USD $400 million of its ADS1.
  • The total number of ADS ultimately repurchased under the ASR agreement will be based on the daily volume-weighted average price of the Company’s ADS during the term of the agreement, subject to certain limitations.
  • The final settlement of the ASR agreement is expected to be completed no later than the third quarter of 2024.

Knightscope Announces Significant Financial Milestones

Retrieved on: 
Tuesday, April 2, 2024
Security, Hardware, Robotics, Technology, Artificial Intelligence, PDT, Automation, Communication, CFO, ASR, Town hall, Artificial intelligence, Acquisition, G&A, Multimedia, Marketing

Knightscope, Inc. [Nasdaq: KSCP] (“Knightscope” or the “Company”), an innovator in robotics and artificial intelligence (“AI”) technologies focused on public safety, today announced its financial results for the fiscal year ended December 31, 2023, marking significant progress towards its goals of profitability and operational efficiency.

Key Points: 
  • Knightscope, Inc. [Nasdaq: KSCP] (“Knightscope” or the “Company”), an innovator in robotics and artificial intelligence (“AI”) technologies focused on public safety, today announced its financial results for the fiscal year ended December 31, 2023, marking significant progress towards its goals of profitability and operational efficiency.
  • View the full release here: https://www.businesswire.com/news/home/20240402478159/en/
    Knightscope Announces Significant Financial Milestones (Graphic: Business Wire)
    Knightscope reported $12.8 million in revenue for 2023, which marks a 128% increase from the previous year.
  • Through a streamlining of management, elimination of positions, automation, and strategic outsourcing, Knightscope is on track to reduce payroll expense by over 30% in 2024.
  • The Knightscope CEO and CFO will be holding a Town Hall session at 5pm PDT / 8pm EDT today, to answer questions from analysts, investors, and supporters – without a moderator.

United Therapeutics Corporation Announces $1 Billion Accelerated Share Repurchase Program

Retrieved on: 
Monday, March 25, 2024
Biotechnology, Pharmaceutical, Health, Cardiology, UTHR, Patient, ASR, PBC, Sale, Therapy, Creativity, Citibank, Pharmaceutical industry

United Therapeutics Corporation (Nasdaq: UTHR), a public benefit corporation, today announced that its Board of Directors has authorized the company to purchase up to $1 billion of United Therapeutics’ common stock.

Key Points: 
  • United Therapeutics Corporation (Nasdaq: UTHR), a public benefit corporation, today announced that its Board of Directors has authorized the company to purchase up to $1 billion of United Therapeutics’ common stock.
  • This program builds on United Therapeutics’ planned $400 million paydown of its revolving credit facility in 2024, of which $100 million was paid down during the first quarter of 2024.
  • To enact the program, United Therapeutics today will enter into an Accelerated Share Repurchase (ASR) agreement with Citibank, N.A.
  • At final settlement of the ASR agreement, United Therapeutics may be entitled to receive additional shares of United Therapeutics’ common stock, or, under certain limited circumstances, be required to make cash payment to Citi or, if United Therapeutics elects, deliver shares to Citi.

FedEx Reports Higher Third Quarter Diluted EPS of $3.51 and Adjusted Diluted EPS of $3.86

Retrieved on: 
Thursday, March 21, 2024
Logistics, Supply Chain Management, Air, Retail, Transport, Delivery Services, Failure, FedEx, Automation, Railway Labor Act, Annual report, Growth, MTM, Disease, EPS, DRIVE, Business, Name, ASR, EDT, Sale, Capital, Table, Security (finance), Insurance, Bank statement, United, FedEx Express, FedEx Ground, Investment, Atmosphere, Safety, GAAP, Geography, FDX, ETR, Share repurchase

FedEx Ground operating results increased due to lower structural costs resulting from DRIVE initiatives, higher base yield, and reduced self-insurance costs.

Key Points: 
  • FedEx Ground operating results increased due to lower structural costs resulting from DRIVE initiatives, higher base yield, and reduced self-insurance costs.
  • Cost per package was flat, as lower line-haul expense and improved dock productivity offset higher first- and last-mile costs.
  • The year-to-date decrease in outstanding shares benefited third quarter results by $0.09 per diluted share.
  • FedEx expects to repurchase an additional $500 million of common stock during the fiscal fourth quarter, which will bring the fiscal 2024 buyback total to $2.5 billion.

Altria Enters $2.4 Billion Accelerated Share Repurchase Transactions in Connection with Closing of Offering of Anheuser-Busch InBev Stock

Retrieved on: 
Tuesday, March 19, 2024
Tobacco, Retail, Professional Services, Finance, European Economic Area, Gross metropolitan product, Goldman Sachs, ASR, ABI, Sale, ANB, ADS, AB InBev, Risk, Euronext, Annual report, Share repurchase, Security (finance)

Altria Group, Inc. (Altria) (NYSE: MO) today announces that we entered accelerated share repurchase (ASR) transactions under separate agreements with Morgan Stanley & Co. LLC and Goldman Sachs & Co. LLC on March 15, 2024, to repurchase $2.4 billion of our common stock.

Key Points: 
  • Altria Group, Inc. (Altria) (NYSE: MO) today announces that we entered accelerated share repurchase (ASR) transactions under separate agreements with Morgan Stanley & Co. LLC and Goldman Sachs & Co. LLC on March 15, 2024, to repurchase $2.4 billion of our common stock.
  • We expect the remainder of the shares to be delivered no later than the end of the second quarter of 2024.
  • The ASR transactions are part of our expanded $3.4 billion share repurchase program, which we expect to complete by December 31, 2024.
  • In addition, ABI repurchased $200 million of ordinary shares directly from us, concurrently with the completion of the offering.

Altria to Significantly Enhance Cash Returns to Shareholders Through Expanded Share Repurchase Program in Connection with Pricing of Offering of Anheuser-Busch InBev Stock; Raises 2024 Full-Year Earnings Guidance

Retrieved on: 
Thursday, March 14, 2024
Tobacco, Retail, Wine & Spirits, Health, Uncertainty, Climate change, European Economic Area, Growth, Gross metropolitan product, Exercise, MSA, EPS, Risk, Accounting, Law enforcement, Food and Drug Administration, Climate, ASR, History, Sale, Acquisition, ANB, Private sector, ADS, AB InBev, Euronext, Artificial intelligence, Investment, Annual report, Heated tobacco product, NPM, GAAP, Vision, Income tax, Information, Pandemic, Privacy, Food, Share repurchase, Security (finance)

In connection with the pricing of the offering, we announce a $2.4 billion increase to our existing $1 billion share repurchase program.

Key Points: 
  • In connection with the pricing of the offering, we announce a $2.4 billion increase to our existing $1 billion share repurchase program.
  • Our Board of Directors (Board) has authorized the expanded program, which we expect to complete by December 31, 2024.
  • Share repurchases depend on marketplace conditions and other factors, and the program remains subject to the discretion of our Board.
  • As part of the expanded share repurchase program, we expect to enter into an estimated $2.4 billion accelerated share repurchase (ASR) program.

ADM Announces $1 Billion Accelerated Share Repurchase Agreement

Retrieved on: 
Wednesday, March 13, 2024
Agriculture, Natural Resources, Sustainability, Environment, Supply Chain Management, Logistics, Transport, Retail, BofA Securities, Chairperson, ASR, Merrill (company), Security (finance), ADM, Annual report, Share repurchase

ADM (NYSE: ADM) today announced that it has entered into an accelerated share repurchase (ASR) agreement with delayed share delivery with Merrill Lynch International, an affiliate of BofA Securities, Inc., to repurchase $1 billion of ADM’s common stock.

Key Points: 
  • ADM (NYSE: ADM) today announced that it has entered into an accelerated share repurchase (ASR) agreement with delayed share delivery with Merrill Lynch International, an affiliate of BofA Securities, Inc., to repurchase $1 billion of ADM’s common stock.
  • “After repurchasing $1.5 billion of shares in Q4 2023 and nearly $330 million of shares so far in Q1 2024, we are accelerating our program, with an intention to actualize $2 billion of additional share repurchases during the remainder of the year, including $1 billion of which will be executed through this accelerated share repurchase program, which runs through the second quarter.”
    Under the ASR agreement, ADM will receive monthly share deliveries at the end of each month commencing in March 2024.
  • The ASR will be completed under ADM’s existing 200 million share repurchase program that runs through 2024.
  • You can identify forward-looking statements by the fact that they do not relate strictly to historical or current facts.