CMT

Virtual Society Foundation Launches to Create a Decentralized Open Metaverse Network

Retrieved on: 
Thursday, March 28, 2024

The foundation's mission aligns closely with the vision of Improbable and MSquared, aiming to realize an open, community-driven network of metaverses.

Key Points: 
  • The foundation's mission aligns closely with the vision of Improbable and MSquared, aiming to realize an open, community-driven network of metaverses.
  • Envisioning a future where a vibrant creator economy flourishes, the Virtual Society Foundation is building toward an open and interconnected metaverse ecosystem where the creator economy can thrive.
  • In pursuit of its mission, the Foundation is committed to:
    Researching and developing blockchain technology and protocols conducive to an open, interoperable network of metaverses.
  • Morpheus has facilitated high-density social interactions in virtual spaces and helps major brands create deeply immersive and interactive metaverse experiences.

U.S. Congressman Josh Gottheimer Champions Rare Disease Research With Sponsorship of Legislative Bill - H.Res.1039 - Advocating for Increased Funding for Charcot-Marie-Tooth Disease (CMT)

Retrieved on: 
Tuesday, April 9, 2024

The resolution underscores the urgency of addressing the challenges of individuals diagnosed with Charcot-Marie-Tooth disease (CMT) and the need for robust research funding.

Key Points: 
  • The resolution underscores the urgency of addressing the challenges of individuals diagnosed with Charcot-Marie-Tooth disease (CMT) and the need for robust research funding.
  • “By collaborating with experts and advocates, we can give everyone struggling with Charcot-Marie-Tooth Disease hope.
  • Zaken's dedication reflects the grassroots efforts of young individuals committed to making a difference in the fight against rare diseases.
  • Regrettably, despite its profound impact, federal funding for CMT research witnessed a decrease in 2022 compared to 2021.

Core Molding Technologies Promotes Eric L. Palomaki to Chief Operating Officer

Retrieved on: 
Monday, March 25, 2024

COLUMBUS, Ohio, March 25, 2024 (GLOBE NEWSWIRE) -- Core Molding Technologies, Inc. (NYSE American: CMT) (“Core Molding,” “Core” or the “Company”), announced today that Eric L. Palomaki has been promoted to Chief Operating Officer (“COO”).

Key Points: 
  • COLUMBUS, Ohio, March 25, 2024 (GLOBE NEWSWIRE) -- Core Molding Technologies, Inc. (NYSE American: CMT) (“Core Molding,” “Core” or the “Company”), announced today that Eric L. Palomaki has been promoted to Chief Operating Officer (“COO”).
  • Mr. Palomaki brings a wealth of experience and expertise to this role, having demonstrated exceptional leadership and developing a deep understanding of our industry throughout his six-year tenure at Core Molding Technologies.
  • "I am pleased to announce Eric Palomaki's promotion to Chief Operating Officer," said David Duvall, President and Chief Executive Officer.
  • "I look forward to contributing to the continued success and growth of Core Molding Technologies as we embark on this next chapter together."

Core Molding Technologies to Participate in the 36th Annual Roth Conference

Retrieved on: 
Wednesday, March 13, 2024

COLUMBUS, Ohio, March 13, 2024 (GLOBE NEWSWIRE) -- Core Molding Technologies, Inc. (NYSE American: CMT) (“Core Molding,” “Core” or the “Company”), a leading engineered materials company specializing in molded structural products, principally in building products, industrial and utilities, medium and heavy-duty truck and powersports industries across the United States, Canada and Mexico today announced that David Duvall, President and CEO, and John Zimmer, EVP and CFO, will participate in the upcoming 36th Annual Roth Conference on March 18-19, 2024 in Laguna Niguel, CA.

Key Points: 
  • COLUMBUS, Ohio, March 13, 2024 (GLOBE NEWSWIRE) -- Core Molding Technologies, Inc. (NYSE American: CMT) (“Core Molding,” “Core” or the “Company”), a leading engineered materials company specializing in molded structural products, principally in building products, industrial and utilities, medium and heavy-duty truck and powersports industries across the United States, Canada and Mexico today announced that David Duvall, President and CEO, and John Zimmer, EVP and CFO, will participate in the upcoming 36th Annual Roth Conference on March 18-19, 2024 in Laguna Niguel, CA.
  • Investors interested in arranging a one-on-one meeting should contact your conference representative or the Company’s investor relations contacts listed below.

Core Molding Technologies Reports Full Year and Fourth Quarter 2023 Results

Retrieved on: 
Tuesday, March 12, 2024

Gross margin of $64.5 million, or 18.0% of net sales, compared to $52.4 million or 13.9% of net sales, in the prior year.

Key Points: 
  • Gross margin of $64.5 million, or 18.0% of net sales, compared to $52.4 million or 13.9% of net sales, in the prior year.
  • Operating income of $26.5 million, or 7.4% of net sales, versus operating income of $18.0 million, or 4.8% of net sales, in the prior year.
  • Adjusted EBITDA1 of $42.3 million, or 11.8% of net sales, compared to $31.9 million, or 8.5% of net sales, in the prior year.
  • To access the call live by phone, dial (844) 881-0134 and ask for the Core Molding Technologies call at least 10 minutes prior to the start time.

Shopsense AI Launches Retail Media Platform for Broadcasters

Retrieved on: 
Friday, April 5, 2024

Shopsense AI today announced the launch of its AI-powered retail media platform, with Paramount Global (NASDAQ: PARA; PARAA) as its inaugural partner.

Key Points: 
  • Shopsense AI today announced the launch of its AI-powered retail media platform, with Paramount Global (NASDAQ: PARA; PARAA) as its inaugural partner.
  • Paramount Global will debut the new mobile shopping experience powered by Shopsense during the CMT Music Awards red carpet pre-show coverage airing on CMT on Sunday, April 7.
  • Shopsense’s solution lets publishers like Paramount quickly tap into the retail media market, the fastest-growing advertising segment in the U.S., and activate second-screen shopping experiences for viewers.
  • Broadcasters can now offer full-funnel marketing strategies within their own content-driven retail walled garden.

Distracted Driving Fell 4.5% in 2023, Preventing An Estimated 55,000 Crashes and 250 Fatalities

Retrieved on: 
Thursday, April 4, 2024

The report evaluates the various factors that can reduce distracted driving, including consent-driven usage-based insurance (UBI) programs, hands-free legislation, and increased media coverage of the dangers of distracted driving.

Key Points: 
  • The report evaluates the various factors that can reduce distracted driving, including consent-driven usage-based insurance (UBI) programs, hands-free legislation, and increased media coverage of the dangers of distracted driving.
  • *
    While a 4.5% reduction in distracted driving over the last year is an improvement, distracted driving is still dangerously high in the United States.
  • For the first time, CMT has published data on how the different types of distracted driving affect the impact speed of a crash.
  • The four states that introduced hands-free laws, where it’s illegal for people to handle their phones while driving, reduced distracted driving by an average of 7.1% and prevented an estimated 8,200 crashes and 37 fatalities in 2023.

Mindset Wealth Management Launches With tru Independence

Retrieved on: 
Tuesday, April 2, 2024

tru Independence (“tru”), a national independent advisory platform servicing approximately $12.5 billion in assets, has announced the launch of Mindset Wealth Management (“Mindset”).

Key Points: 
  • tru Independence (“tru”), a national independent advisory platform servicing approximately $12.5 billion in assets, has announced the launch of Mindset Wealth Management (“Mindset”).
  • Previously colleagues at the RIA Sheaff Brock Investment Advisors, Mindset co-founders and managing partners Peter Bjelopetrovich , CFS®; Seth Hickle , CMT; James “Louie” Humphries , JD; and Mark Vandygriff decided the time was ripe to pursue independence.
  • Mindset is focused on bringing a fresh perspective to portfolio management, helping clients achieve better outcomes.
  • “The Mindset team’s deep experience in asset allocation, unique derivatives strategies and portfolio management experience positions them for continued success in the years to come.

Figure Technologies Announces Figure Markets, Home to a New Decentralized Custody Crypto Exchange and Blockchain-Native Security Marketplace

Retrieved on: 
Monday, March 18, 2024

As part of the round, Dan Morehead, Founder and Managing Partner of Pantera Capital, will join the Figure Markets board of directors.

Key Points: 
  • As part of the round, Dan Morehead, Founder and Managing Partner of Pantera Capital, will join the Figure Markets board of directors.
  • Figure Markets will launch a new decentralized custody crypto exchange and blockchain-native security marketplace that incorporates Multi-Party Computation (MPC) technology.
  • With Figure Markets’ MPC wallets, private keys are distributed across a decentralized network, requiring multi-party approval for every movement.
  • Figure Markets is also continuing to work toward a registered security alternative to stablecoin that can support the Figure Markets ecosystem.

US Sports Camps Acquires UK-Based CMT Learning, Parent Company of Euro Sports Camps and More Esteemed Education and Sports Brands

Retrieved on: 
Wednesday, March 27, 2024

SAN RAFAEL, Calif., March 27, 2024 /PRNewswire-PRWeb/ -- US Sports Camps ("USSC"), the official provider of Nike Sports Camps and a portfolio brand of the leading youth activities platform Youth Enrichment Brands ("YEB"), today announced its acquisition of CMT Learning, the UK's premier specialists in youth sports and education experiences with a portfolio of brands including Euro Sports Camps, Sports Tours Europe, and Charterhouse Summer School.

Key Points: 
  • With over 5,500 campers expected in 2024, CMT Learning boasts a global reach, with many of its participants hailing from outside the UK.
  • CMT Learning's dedication to fostering meaningful relationships with industry giants such as Nike, Liverpool F.C., and Chelsea F.C.
  • As Europe's licensed operator of Nike Sports Camps, CMT Learning's Euro Sports Camps have much in common with USSC.
  • As a result of the acquisition, Chris Trembath, Dale Hobson, and other CMT leadership now report to USSC's Doyle as head of the YEB Camps Division.