Lowe

Wolfspeed Reports Financial Results for the First Quarter of Fiscal Year 2024

Retrieved on: 
Monday, October 30, 2023

Wolfspeed, Inc. (NYSE: WOLF) today announced its results for the first quarter of fiscal 2024.

Key Points: 
  • Wolfspeed, Inc. (NYSE: WOLF) today announced its results for the first quarter of fiscal 2024.
  • "We kicked off our fiscal year with a strong quarter in both execution and market share.
  • For its second quarter of fiscal 2024, Wolfspeed targets revenue from continuing operations in a range of $192 million to $222 million.
  • Wolfspeed incurred $8.4 million of factory start-up costs and $34.4 million of underutilization costs in the first quarter of fiscal 2024.

MIDEA LAUNCHES NEW JUMBO-SIZED STANDARD DEPTH FRENCH DOOR REFRIGERATOR

Retrieved on: 
Thursday, November 2, 2023

PARSIPPANY, N.J., Nov. 2, 2023 /PRNewswire/ -- Midea America, a worldwide leader in home appliances, is excited to unveil its largest capacity refrigerator yet—the MRF29D6AST Standard Depth French Door refrigerator. The new MRF29D6AST boasts a spacious design tailored to minimize trips to the grocery store. Its generous storage capacity is matched with user-friendly features, like dual ice makers, and effortless connectivity to modern smart home ecosystems, seamlessly merging convenience with contemporary living.

Key Points: 
  • PARSIPPANY, N.J., Nov. 2, 2023 /PRNewswire/ -- Midea America, a worldwide leader in home appliances, is excited to unveil its largest capacity refrigerator yet—the MRF29D6AST Standard Depth French Door refrigerator.
  • Our new Standard Depth French Door Refrigerator aims to not just meet, but exceed these demands," said Kurt Jovais, president of Midea America.
  • Additionally, the dual icemakers in the refrigerator and freezer drawer make up to eight pounds of ice daily, keeping drinks chilled and guests refreshed.
  • The MRF29D6AST Standard Depth French Door Refrigerator, one of the most spacious refrigerators at its price point†, is now available exclusively at Lowe's for an MSRP of $2,399.

ZLINE Introduces New Line of Professional Gas Ranges Offering an Inspired and Elevated Culinary Experience at Home

Retrieved on: 
Wednesday, November 1, 2023

RENO, Nev., Nov. 1, 2023 /PRNewswire/ -- ZLINE – the attainable luxury brand that revolutionized drop shipping kitchen and bath appliances – today unveiled an entirely new line of Professional Gas Ranges (SGR). Meticulously designed from the ground up with an emphasis on style and reliability, the new ranges feature a traditional, timeless design that exudes luxury and elevates the culinary experience at home.

Key Points: 
  • ft. 4 Burner Gas Range with Convection Gas Oven (SGR30) and a 36 in.
  • ft. 6 Burner Gas Range with Convection Gas Oven (SGR36), both available in a 430-grade stainless steel finish.
  • ZLINE has plans to expand the line in the future with additional sizes and finishes to cater to even more homeowners.
  • ZLINE Professional Gas Ranges start at $2,599.95 for the 30 in.

Lowe's Foundation Announces New Round of Gable Grants to Goodwill, LISC and NCCER

Retrieved on: 
Wednesday, November 1, 2023

MOORESVILLE, N.C., Nov. 1, 2023 /PRNewswire/ -- The Lowe's Foundation today announced a total of $3 million in Gable Grants to three national nonprofit organizations that are delivering innovative and scalable skilled trades training in local communities nationwide. The $1 million grants are being awarded to Goodwill Industries International, the Local Initiatives Support Corporation (LISC) and the National Center for Construction Education and Research (NCCER).

Key Points: 
  • The $1 million grants are being awarded to Goodwill Industries International, the Local Initiatives Support Corporation (LISC) and the National Center for Construction Education and Research (NCCER).
  • "These programs, paired with the grants to community and technical colleges announced this summer, are a critical step as the Lowe's Foundation continues to help build a sustainable infrastructure of innovative skilled trades programs across our communities."
  • "The critical support provided by Gable Grants will help us leverage the Goodwill Opportunity Accelerator, our holistic workforce delivery model.
  • NCCER will expand its Community Construction Academies to underserved individuals in response to community and workforce needs.

Lowe's Sparks Joy for Shoppers All Season Long with New Holiday Offerings

Retrieved on: 
Thursday, October 26, 2023

MOORESVILLE, N.C., Oct. 26, 2023 /PRNewswire/ -- As customers continue to extend the joy of the holidays each year, Lowe's today announced plans to support shoppers' needs all season long in new ways, including a wave of ongoing offerings and sales events with new deals every single week. Customers can look forward to same-day delivery on eligible online purchases in select zip codes∆, services like holiday light hanging for the home with Angi, the rollout of the new Lowe's Lowest Price Guarantee and exclusively curated gift and décor guides from platinum-selling recording artist Brett "Mr. Christmas" Eldredge. Lowe's is the official décor sponsor of Eldredge's annual Glow LIVE holiday tour, a beloved Christmas-time tradition. The 14-date-run will make stops in major cities across the country, including back-to-back nights in Nashville, New York City and Chicago.

Key Points: 
  • Lowe's is the official décor sponsor of Eldredge's annual Glow LIVE holiday tour, a beloved Christmas-time tradition.
  • Regardless of whether you're a DIYer or a Pro, we have ways to save both time and money when customers choose Lowe's this holiday season."
  • Lowe's PROvember: To celebrate its Pro customers, Lowe's annual PROvember savings event is returning Oct. 26 to Nov. 22.
  • For ease of styling, Lowe's has refreshed its ornament offerings to include shatterproof ornaments in five mix-and-matchable color schemes.

The RONA Foundation donates over $730,000 to 175 organizations across Canada

Retrieved on: 
Thursday, October 26, 2023

"Creating and launching a new campaign in a difficult economic climate and rallying teams is a challenge in itself.

Key Points: 
  • "Creating and launching a new campaign in a difficult economic climate and rallying teams is a challenge in itself.
  • I'm extremely proud of the great mobilization of our network and the RONA Foundation team," says Josée Lafitte, Director of the RONA Foundation.
  • The campaign took place in all our corporate stores in the RONA network, as well as in 4 distribution centres and nearly 30 participating affiliated stores across the country.
  • For more information on this initiative or to consult the list of organizations supported in your region, click on one of the following links:

Grattan on Friday: Cost-of-living crisis is the dragon the government can't slay

Retrieved on: 
Thursday, October 26, 2023

No, she said, highlighting the importance of alliances and reassuring that the president could handle more than one thing at a time.

Key Points: 
  • No, she said, highlighting the importance of alliances and reassuring that the president could handle more than one thing at a time.
  • Of course, when an Australian prime minister is invited to Washington, he or she has to go.
  • The bank is usually Delphic about its intentions, and new governor Michele Bullock is showing herself a master at that game.
  • The board would receive more information before its meeting that would be important for this assessment, she said.
  • The point is, however, that whatever the government has done is for the average household only at the margin.
  • As the final treasurer in the Whitlam government, Hayden pursued budgetary rigour (in his case in the most difficult circumstances).
  • If it starts to consume the government’s support, it could eat a lot of political capital very quickly.


Michelle Grattan does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

Blackbaud Announces Major Wave of Innovation in Essential Social Impact Technology at bbcon 2023

Retrieved on: 
Monday, October 23, 2023

CHARLESTON, S.C., Oct. 23, 2023 /PRNewswire/ -- Blackbaud (NASDAQ: BLKB), the leading provider of software for powering social impact, kicked off its annual technology conference, bbcon, announcing the latest innovations for its purpose-built, essential software that's used worldwide to power fundraising, nonprofit financial management, company volunteering and giving, and education.

Key Points: 
  • "This year at bbcon, we're thrilled to show the world how our research and development investments exclusively focused on the social impact space are going to transform the essential business operations of this sector."
  • Earlier this year, Blackbaud launched its next generation Intelligence for Good strategy, committing to AI that's powerful, responsible, and accessible for the social impact community.
  • The launch of Blackbaud Impact Edge™, a new AI-powered, social impact reporting solution for companies that creates a "single pane of glass" through which companies can view all their impact reporting.
  • This year, Blackbaud will host its annual Blackbaud Social Good Startup Showcase at bbcon for the first time, giving founders in the 2023 program a chance to pitch their ideas to Blackbaud leaders and customers.

Bottle Rocket Joins Google's Prestigious Flutter Consultants Program

Retrieved on: 
Tuesday, October 17, 2023

DALLAS, Oct. 17, 2023 /PRNewswire/ -- Bottle Rocket, a leading mobile app development company, today announced its selection as a Partner in Google's esteemed Flutter Consultants program.

Key Points: 
  • DALLAS, Oct. 17, 2023 /PRNewswire/ -- Bottle Rocket, a leading mobile app development company, today announced its selection as a Partner in Google's esteemed Flutter Consultants program.
  • Although a historically native development shop, Bottle Rocket has over 20 dedicated developers who leverage Flutter to drive success for our customers.
  • "Not only do we have expert Flutter developers, but our Flutter apps are developed in close collaboration with our platform experts across iOS, Android, and web," says Jason Brewer, Senior Manager of Engineering at Bottle Rocket.
  • Bottle Rocket boasts an impressive track record of developing award-winning applications utilizing Flutter.

Retailers Fear Major Revenue Hit, Troubled By Endless Economic and Supply Chain Challenges

Retrieved on: 
Tuesday, October 17, 2023

SAN MATEO, Calif., Oct. 17, 2023 /PRNewswire/ -- Eighty-three percent of supply chain professionals at retailers in the U.S. and U.K. anticipate supply chain disruptions will negatively impact revenue this holiday season – up from 70% in 2022. Retailers anticipate an average revenue loss of about 10%, which during this lucrative selling period could result in billions of dollars lost. 

Key Points: 
  • SAN MATEO, Calif., Oct. 17, 2023 /PRNewswire/ -- Eighty-three percent of supply chain professionals at retailers in the U.S. and U.K. anticipate supply chain disruptions will negatively impact revenue this holiday season – up from 70% in 2022.
  • Retailers anticipate an average revenue loss of about 10%, which during this lucrative selling period could result in billions of dollars lost.
  • Yet our research shows over half of retailers (53%) are already experiencing out-of-stocks on key holiday items," said Nari Viswanathan, senior director, supply chain strategy at Coupa.
  • The survey was conducted across 300 retail supply chain leaders and more than 2,000 consumers in the U.S. and the U.K.