AMS

A-Mark Closes Previously Announced Acquisition of LPM Group Limited, Marking A-Mark’s Expansion into Asia

Retrieved on: 
Tuesday, February 27, 2024

This transaction included the acquisition of LPM Group Limited (LPM) , one of Asia’s largest precious metals dealers.

Key Points: 
  • This transaction included the acquisition of LPM Group Limited (LPM) , one of Asia’s largest precious metals dealers.
  • “Today is a significant day for A-Mark, as we complete the acquisition of LPM and expand our footprint into Asia,” said A-Mark CEO Greg Roberts.
  • “It is also a significant day for LPM, its employees, customers, and partners, as LPM becomes part of one of the world’s largest diversified precious metals businesses.
  • We plan to use LPM’s Hong Kong headquarters as our anchor in Asia to expand LPM’s direct-to-consumer business through our proven e-commerce expertise.

TEGNA Inc. Reports Fourth Quarter and Full-Year 2023 Results and Provides Business Update

Retrieved on: 
Thursday, February 29, 2024

TEGNA Inc. (NYSE: TGNA) today announced financial results for the fourth quarter and full-year ended December 31, 2023.

Key Points: 
  • TEGNA Inc. (NYSE: TGNA) today announced financial results for the fourth quarter and full-year ended December 31, 2023.
  • Since our third quarter earnings release on November 7, 2023, TEGNA has renewed multiple comprehensive retransmission consent agreements representing approximately 30 percent of our traditional subscribers.
  • 1 In analyzing fourth quarter 2023 results, investors should be reminded that TEGNA’s odd-to-even year results are negatively impacted by the absence of even-year political revenues.
  • Fourth quarter Adjusted EBITDA was down 28 percent compared to the fourth quarter of 2021 reflecting lower high-margin AMS and political revenue and higher programming expenses.

Onto Innovation’s 4Di InSpec™ Automated Metrology System Receives 2024 Innovative System of the Year Award from FANUC America

Retrieved on: 
Monday, February 26, 2024

Onto Innovation Inc. (NYSE: ONTO) and its Tucson subsidiary 4D Technology today announced they’ve been named winner of FANUC America’s prestigious 2024 Innovative System of the Year award for the 4Di InSpec automated metrology system (AMS) .

Key Points: 
  • Onto Innovation Inc. (NYSE: ONTO) and its Tucson subsidiary 4D Technology today announced they’ve been named winner of FANUC America’s prestigious 2024 Innovative System of the Year award for the 4Di InSpec automated metrology system (AMS) .
  • The system enables automated surface defect and feature metrology for aviation, aerospace and other applications in the industrial manufacturing market.
  • In partnership with OptiPro Systems , the 4Di InSpec AMS systems were delivered in the second half of 2023 to several leading aerospace engine manufacturers.
  • View the full release here: https://www.businesswire.com/news/home/20240226293034/en/
    Onto Innovation's 4Di InSpec automated metrology system uses patented, vibration-immune technology to provide automated surface defect and feature metrology for aviation, aerospace and other applications in the industrial manufacturing market.

Deloitte Launches InvestAcceleration, an Industry Accelerator for Investment Management from Workday

Retrieved on: 
Tuesday, March 5, 2024

NEW YORK, March 5, 2024 /PRNewswire/ -- Deloitte today announced the launch of InvestAcceleration, a new suite of solutions designed specifically for the investment management industry and is an industry-specific approach to implement Workday Financial Management. 

Key Points: 
  • Pre-configured Deloitte solution for Workday Financial Management helps investment management organizations standardize data, streamline financial processes, and accelerate digital transformation
    NEW YORK, March 5, 2024 /PRNewswire/ -- Deloitte today announced the launch of InvestAcceleration, a new suite of solutions designed specifically for the investment management industry and is an industry-specific approach to implement Workday Financial Management .
  • InvestAcceleration, helps investment management firms address risks and challenges, including lack of agility, complex workflows and disparate data models.
  • InvestAcceleration joins InsureAcceleration as the latest in Deloitte's collection of Industry Accelerators from Workday designed specifically for the financial services industry.
  • "Workday Industry Accelerators help solve the most critical challenges for finance professionals, at speed," said Sophie Sharp, senior vice president, Global Industries and Value Management, Workday.

CNEC Global Leap Program Debuts in Barcelona, Highlighting Seven Tech Leaps to Accelerate Intelligence

Retrieved on: 
Wednesday, February 28, 2024

Through technical communities like CNEC, Huawei Cloud aims to connect businesses with the latest global technologies, best practices, and industry trends.

Key Points: 
  • Through technical communities like CNEC, Huawei Cloud aims to connect businesses with the latest global technologies, best practices, and industry trends.
  • Looking ahead to 2024, CNEC will prioritize the strategic integration of cloud native and AI technologies, an effort to accelerate the global adoption and advancement of AI.
  • During the event, CNEC unveiled its Global Leap Program themed "Leap with Cloud Native x AI", which will facilitate extensive technical exchanges, in-depth discussions, and pilot practice showcases.
  • Furthermore, Huawei Cloud held a plaque presentation ceremony to establish the CNEC European Branch to better serve local organizations.

CNEC Global Leap Program Debuts in Barcelona, Highlighting Seven Tech Leaps to Accelerate Intelligence

Retrieved on: 
Wednesday, February 28, 2024

"CNCF boasts numerous projects utilized by leading AI companies like OpenAI, providing the essential technological infrastructure for generative AI," Dolezal stated.

Key Points: 
  • "CNCF boasts numerous projects utilized by leading AI companies like OpenAI, providing the essential technological infrastructure for generative AI," Dolezal stated.
  • Through technical communities like CNEC, Huawei Cloud aims to connect businesses with the latest global technologies, best practices, and industry trends.
  • Looking ahead to 2024, CNEC will prioritize the strategic integration of cloud native and AI technologies, an effort to accelerate the global adoption and advancement of AI.
  • During the event, CNEC unveiled its Global Leap Program themed "Leap with Cloud Native x AI", which will facilitate extensive technical exchanges, in-depth discussions, and pilot practice showcases.

TechnipFMC Awarded Substantial iEPCI™ Contract for Sparta Project

Retrieved on: 
Thursday, February 15, 2024

TechnipFMC (NYSE: FTI) has been awarded a substantial(1) contract by Shell plc (FTSE: SHEL) (AMS: SHELL) (NYSE: SHEL) for the first integrated Engineering, Procurement, Construction, and Installation (iEPCI™) project to use high-pressure subsea production systems rated up to 20,000 psi (20K).

Key Points: 
  • TechnipFMC (NYSE: FTI) has been awarded a substantial(1) contract by Shell plc (FTSE: SHEL) (AMS: SHELL) (NYSE: SHEL) for the first integrated Engineering, Procurement, Construction, and Installation (iEPCI™) project to use high-pressure subsea production systems rated up to 20,000 psi (20K).
  • The Company will manufacture and install subsea production systems, umbilicals, risers, and flowlines for Shell’s Sparta development in the Gulf of Mexico.
  • Jonathan Landes, President, Subsea at TechnipFMC, commented: “Sparta will combine our leading-edge subsea technology with our proven integrated execution model, iEPCI™, providing improved project economics.
  • We are excited to be working with Shell on 20K technology.”
    (1) For TechnipFMC, a “substantial” contract is between $250 million and $500 million.

NowCerts Acquires 20 Miles Inc, Expanding Its Footprint in the Insurance Technology Industry

Retrieved on: 
Thursday, February 15, 2024

This strategic move further strengthens NowCerts' commitment to innovation and enhances its capabilities in serving the insurance industry.

Key Points: 
  • This strategic move further strengthens NowCerts' commitment to innovation and enhances its capabilities in serving the insurance industry.
  • NowCerts, is pleased to announce the acquisition of 20 Miles Inc, a renowned Insurance Vertical CRM company.
  • The integration of NowCerts' robust Agency Management system with 20 Miles Inc's specialized workflow automation technology will provide a seamless, end-to-end workflow automation solution for insurance professionals.
  • As part of the acquisition, 20 Miles Inc CEO Khuram Hussain will join NowCerts as the Chief Strategy Officer.

VPG Reports Fiscal 2023 Fourth Quarter and Twelve Month Results

Retrieved on: 
Wednesday, February 14, 2024

MALVERN, Pa., Feb. 14, 2024 (GLOBE NEWSWIRE) -- Vishay Precision Group, Inc. (NYSE: VPG), a leader in precision measurement technologies, today announced its results for its fiscal 2023 fourth quarter and twelve fiscal months ended December 31, 2023.

Key Points: 
  • MALVERN, Pa., Feb. 14, 2024 (GLOBE NEWSWIRE) -- Vishay Precision Group, Inc. (NYSE: VPG), a leader in precision measurement technologies, today announced its results for its fiscal 2023 fourth quarter and twelve fiscal months ended December 31, 2023.
  • The Company's fourth fiscal quarter 2023 net earnings attributable to VPG stockholders were $4.2 million, or $0.31 per diluted share, compared to $8.8 million, or $0.65 per diluted share, in the fourth fiscal quarter of 2022.
  • Gross profit margin for the Sensors segment of 40.2% for the fourth fiscal quarter of 2023 was higher compared to 37.6% in the fourth fiscal quarter of 2022, and higher compared to 35.9% in the third fiscal quarter of 2023.
  • Gross profit margin for the Weighing Solutions segment was 35.6% for the fourth fiscal quarter of 2023, an increase compared to 33.4% in the fourth fiscal quarter of 2022, and a decrease compared to 38.7% in the third fiscal quarter of 2023.

American Church Group of South Carolina, LLC Selects Applied Digital Agency to Grow the Business

Retrieved on: 
Tuesday, February 13, 2024

Chicago, IL., Feb. 13, 2024 (GLOBE NEWSWIRE) -- Applied Systems® today announced that American Church Group of South Carolina, LLC has selected Applied Digital Agency technology to automate agency operations and support current and long-term growth.

Key Points: 
  • Chicago, IL., Feb. 13, 2024 (GLOBE NEWSWIRE) -- Applied Systems® today announced that American Church Group of South Carolina, LLC has selected Applied Digital Agency technology to automate agency operations and support current and long-term growth.
  • Applied Digital Agency will provide a centralized system with core capabilities and seamless integration of point technologies that allow for quick account servicing while supporting cross-selling and upselling growth.
  • The fully integrated solution enables agencies to create higher-value business transactions and deliver superior customer experiences throughout the entire insurance lifecycle.
  • “Applied Digital Agency will provide the American Church Group of South Carolina, LLC team with a single solution that can standardize their business operations and support the growth today and in the future.”
    The Applied products and logos are trademarks of Applied Systems, Inc., registered in the U.S.