Epidemic

Comfort Systems USA Announces Acquisition

Retrieved on: 
Thursday, February 1, 2024

Comfort Systems USA, Inc. (NYSE: FIX) (the “Company”) today announced that it has closed its previously announced transaction to acquire Summit Industrial Construction, LLC (“Summit”) headquartered in Houston, Texas.

Key Points: 
  • Comfort Systems USA, Inc. (NYSE: FIX) (the “Company”) today announced that it has closed its previously announced transaction to acquire Summit Industrial Construction, LLC (“Summit”) headquartered in Houston, Texas.
  • Brian Lane, Comfort Systems USA’s Chief Executive Officer, commented, “We are delighted to announce the closing of our agreement to acquire Summit, an extremely capable provider of modular and other complex mechanical services.
  • We are grateful that Summit has chosen to become part of Comfort Systems USA.”
    Comfort Systems USA® is a leading provider of commercial, industrial, and institutional heating, ventilation, air conditioning and electrical contracting services, with 172 locations in 131 cities across the nation.
  • These forward-looking statements are based on the current expectations and beliefs of Comfort Systems USA, Inc., and its subsidiaries (collectively, the “Company”) concerning future developments and their effect on the Company.

WPP Capital Markets Day 2024

Retrieved on: 
Tuesday, January 30, 2024

Structural savings to deliver annualised net cost savings of c.£125m in 2025, with 40-50% of that saving expected to be achieved in 2024.

Key Points: 
  • Structural savings to deliver annualised net cost savings of c.£125m in 2025, with 40-50% of that saving expected to be achieved in 2024.
  • Previous medium-term targets, outlined at WPP’s Capital Markets Day in December 2020, were for 3-4% growth in revenue less pass-through costs including an M&A benefit of 0.5-1.0% annually; with a headline operating profit margin of 15.5-16.0%.
  • WPP will report 2023 results on February 22nd.
  • An ongoing annual investment of £250m in data and technology to support our AI strategy is included in our 2024 financial plans.

Earth Charter International Announces Florida Conference at Rollins College: Reimagining Education for Ecological Civilizations

Retrieved on: 
Wednesday, January 31, 2024

SAN JOSÉ, Costa Rica and JACKSONVILLE, Fla., Jan. 31, 2024 /PRNewswire/ -- Earth Charter International (ECI) is pleased to announce more in-depth information about its one-of-a-kind educational experience centered on "Reimagining Education for Ecological Civilizations." The international conference will convene on the beautiful, lakeside campus of Rollins College in Winter Park, Florida April 12-14.

Key Points: 
  • This three-day conference at the beautiful Rollins College campus in Winter Park, Florida builds on earlier Earth Charter Conferences focused on education for sustainability, global citizenship, and planetary well-being.
  • SAN JOSÉ, Costa Rica and JACKSONVILLE, Fla., Jan. 31, 2024 /PRNewswire/ -- Earth Charter International (ECI) is pleased to announce more in-depth information about its one-of-a-kind educational experience centered on "Reimagining Education for Ecological Civilizations."
  • The international conference will convene on the beautiful, lakeside campus of Rollins College in Winter Park, Florida April 12-14.
  • Earth Charter International (ECI) coordinates a global network dedicated to promoting the Earth Charter, an ethical framework for sustainability, justice, and peace.

STMicroelectronics Reports Q4 and FY 2023 Financial Results

Retrieved on: 
Thursday, January 25, 2024

For the full-year 2023, net cash from operating activities increased 15.2% to $5.99 billion, representing 34.7% of total revenues.

Key Points: 
  • For the full-year 2023, net cash from operating activities increased 15.2% to $5.99 billion, representing 34.7% of total revenues.
  • ST’s net financial position (non-U.S. GAAP) was $3.16 billion as of December 31, 2023, compared to $2.46 billion as of September 30, 2023 and reflected total liquidity of $6.08 billion and total financial debt of $2.93 billion.
  • See the Appendix of this press release for a reconciliation of ST’s non-U.S. GAAP financial measures to their corresponding U.S. GAAP financial measures.
  • Key Information — Risk Factors” from time to time in our SEC filings, could have a material adverse effect on our business and/or financial condition.

Henry Schein to Webcast Fourth Quarter and Full-Year 2023 Conference Call and Introduce Its Full-Year 2024 Guidance on Tuesday, February 27, 2024 at 10:00 A.M. ET

Retrieved on: 
Tuesday, January 23, 2024

The Company will also introduce its earnings expectations for the full-year 2024.

Key Points: 
  • The Company will also introduce its earnings expectations for the full-year 2024.
  • Speakers on the call will include Stanley M. Bergman, Chairman of the Board and Chief Executive Officer of Henry Schein, and Ronald N. South, Senior Vice President and Chief Financial Officer.
  • A replay will be available on the Henry Schein website following the presentation.
  • We undertake no duty and have no obligation to update forward-looking statements except as required by law.

Therapeutic Vaccines Market Size and Share to Surpass USD 87 Billion by 2035 - Exclusive Report by Roots Analysis

Retrieved on: 
Tuesday, January 9, 2024

LONDON, Jan. 9, 2024 /PRNewswire/ -- The global therapeutic vaccines market is estimated to be worth USD 2 billion in 2023 and is anticipated to reach USD 87 billion by 2035. It is expected to grow at a compounded annual growth rate (CAGR) of 35% during the forecast period from 2023 to 2035.

Key Points: 
  • The therapeutic vaccines market is also driven by the expanding pipeline of therapeutic vaccine candidates in the clinical development stages.
  • Based on the type of vaccine, the therapeutic vaccines market is segmented into antigen vaccines, dendritic vaccines, DNA vaccines, and peptide vaccines.
  • Based on the type of method of vaccine composition, the therapeutic vaccines market is segmented into autologous vaccines, allogeneic vaccines and other methods.
  • Europe will dominate the therapeutic vaccines market and is anticipated to capture 59% of the overall revenue share in 2023.

Therapeutic Vaccines Market Size and Share to Surpass USD 87 Billion by 2035 - Exclusive Report by Roots Analysis

Retrieved on: 
Tuesday, January 9, 2024

LONDON, Jan. 9, 2024 /PRNewswire/ -- The global therapeutic vaccines market is estimated to be worth USD 2 billion in 2023 and is anticipated to reach USD 87 billion by 2035. It is expected to grow at a compounded annual growth rate (CAGR) of 35% during the forecast period from 2023 to 2035.

Key Points: 
  • The therapeutic vaccines market is also driven by the expanding pipeline of therapeutic vaccine candidates in the clinical development stages.
  • Based on the type of vaccine, the therapeutic vaccines market is segmented into antigen vaccines, dendritic vaccines, DNA vaccines, and peptide vaccines.
  • Based on the type of method of vaccine composition, the therapeutic vaccines market is segmented into autologous vaccines, allogeneic vaccines and other methods.
  • Europe will dominate the therapeutic vaccines market and is anticipated to capture 59% of the overall revenue share in 2023.

United States Artificial Intelligence Markets, Competition, and Forecasts 2023-2028: Proliferation of Automobile Industry, Increasing Implementation in Smart Homes, Shift Towards Smart Manufacturing

Retrieved on: 
Wednesday, January 3, 2024

The United States Artificial Intelligence Market is expected to increase during the forecast period due to the increasing penetration of digital technologies along with the heavy investment in research & development by tech giants fueling the growth of United States Artificial Intelligence Market.

Key Points: 
  • The United States Artificial Intelligence Market is expected to increase during the forecast period due to the increasing penetration of digital technologies along with the heavy investment in research & development by tech giants fueling the growth of United States Artificial Intelligence Market.
  • Moreover, the use of AI in automotive manufacturing will increasingly overlap with the development of sustainable smart cities.
  • which has led to the rising growth of the United States Artificial Intelligence Market in coming years.
  • Company Profiles: Detailed analysis of the major companies present in United States Artificial Intelligence Market.

Novanta completes acquisition of Motion Solutions

Retrieved on: 
Tuesday, January 2, 2024

Novanta Inc. (Nasdaq: NOVT) (“Novanta” or the "Company"), a trusted technology partner to medical and advanced technology equipment manufacturers, announced today that it has completed the acquisition of Motion Solutions.

Key Points: 
  • Novanta Inc. (Nasdaq: NOVT) (“Novanta” or the "Company"), a trusted technology partner to medical and advanced technology equipment manufacturers, announced today that it has completed the acquisition of Motion Solutions.
  • “Motion Solutions is an excellent strategic fit to Novanta.
  • Motion Solutions offers high-precision, customized precision motion subsystems and components to market-leading OEMs, largely centered on medical and life sciences applications.
  • They are a market leading business, and their team shares a passion for customers, innovation, and solving complex technical challenges,” said Matthijs Glastra, Chair and Chief Executive Officer of Novanta.

Comfort Systems USA Announces Acquisition

Retrieved on: 
Tuesday, January 2, 2024

Comfort Systems USA, Inc. (NYSE: FIX) (the “Company”) today announced that it has entered into a definitive agreement to acquire Summit Industrial Construction, LLC (“Summit”) headquartered in Houston, Texas.

Key Points: 
  • Comfort Systems USA, Inc. (NYSE: FIX) (the “Company”) today announced that it has entered into a definitive agreement to acquire Summit Industrial Construction, LLC (“Summit”) headquartered in Houston, Texas.
  • Brian Lane, Comfort Systems USA’s Chief Executive Officer, commented, “We are extremely happy to announce that Summit and its extraordinary team of professionals have agreed to join Comfort Systems USA.
  • Summit and Comfort Systems USA have a strong cultural alignment and a shared commitment to team members at all levels.
  • These forward-looking statements are based on the current expectations and beliefs of Comfort Systems USA, Inc., and its subsidiaries (collectively, the “Company”) concerning future developments and their effect on the Company.