Automotive

Cazoo and Ajax I Announce Filing of Preliminary Proxy Statement in Connection with Proposed Business Combination

Friday, May 14, 2021 - 10:20pm

The filing can be accessed at https://ajaxcap.com/ or by searching for AJAX I on the SEC\xe2\x80\x99s website at https://www.sec.gov/edgar.shtml .\nWhile the information in the preliminary proxy statement filed today is subject to change, it provides important information about AJAX\xe2\x80\x99s proposed business combination with Cazoo.

Key Points: 
  • The filing can be accessed at https://ajaxcap.com/ or by searching for AJAX I on the SEC\xe2\x80\x99s website at https://www.sec.gov/edgar.shtml .\nWhile the information in the preliminary proxy statement filed today is subject to change, it provides important information about AJAX\xe2\x80\x99s proposed business combination with Cazoo.
  • In connection with the proposed business combination Newco has filed a registration statement on Form F-4 that includes a preliminary proxy statement of AJAX in connection with AJAX\xe2\x80\x99s solicitation of proxies for the vote by AJAX\xe2\x80\x99s shareholders with respect to the proposed business combination and a preliminary prospectus of Newco.
  • The proxy statement/prospectus will be sent to all AJAX shareholders and Newco and AJAX will also file other documents regarding the proposed business combination with the SEC.
  • This communication does not contain all the information that should be considered concerning the proposed business combination and is not intended to form the basis of any investment decision or any other decision in respect of the business combination.

AJAX I and Cazoo Announce Cazoo’s First Quarter Fiscal 2021 Earnings Release Date, Conference Call and Webcast

Friday, May 14, 2021 - 10:20pm

The Conference ID is 1144830.

Key Points: 
  • The Conference ID is 1144830.
  • The proxy statement/prospectus will be sent to all AJAX shareholders and Listco and AJAX will also file other documents regarding the proposed business combination with the SEC.
  • Shareholders, potential investors and other interested persons should read the proxy statement/prospectus carefully when it becomes available before making any voting or investment decisions.
  • These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements.

H&E Equipment Services Reports Quarterly Cash Dividend

Friday, May 14, 2021 - 9:05pm

b'H&E Equipment Services, Inc. (NASDAQ: HEES) today announced that its Board of Directors declared a regular quarterly cash dividend to be paid to its stockholders.

Key Points: 
  • b'H&E Equipment Services, Inc. (NASDAQ: HEES) today announced that its Board of Directors declared a regular quarterly cash dividend to be paid to its stockholders.
  • The Company announced a quarterly cash dividend of $0.275 per share of common stock to be paid on June 18, 2021 for stockholders of record as of the close of business on June 2, 2021.\nThe Company is one of the largest integrated equipment services companies in the United States with 104 full-service facilities throughout the West Coast, Intermountain, Southwest, Gulf Coast, Mid-Atlantic and Southeast regions.
  • The Company is focused on heavy construction and industrial equipment and rents, sells and provides parts and services support for four core categories of specialized equipment: (1) hi-lift or aerial platform equipment; (2) cranes; (3) earthmoving equipment; and (4) material handling equipment.
  • By providing equipment rental, sales, on-site parts, repair and maintenance functions under one roof, the Company is a one-stop provider for its customers\xe2\x80\x99 varied equipment needs.

State Auto Financial Declares 120th Consecutive Quarterly Dividend

Friday, May 14, 2021 - 6:30pm

This is the 120th consecutive quarterly cash dividend declared by the company's board since STFC had its initial public offering of common stock in 1991.\nState Auto Financial Corporation, headquartered in Columbus, Ohio, is a super regional property and casualty insurance holding company.

Key Points: 
  • This is the 120th consecutive quarterly cash dividend declared by the company's board since STFC had its initial public offering of common stock in 1991.\nState Auto Financial Corporation, headquartered in Columbus, Ohio, is a super regional property and casualty insurance holding company.
  • STFC stock is traded on the NASDAQ Global Select Market, which represents the top fourth of all NASDAQ listed companies.\nThe insurance subsidiaries of State Auto Financial Corporation are part of the State Auto Group.
  • The State Auto Group is rated A- (Excellent) by the A.M. Best Company and includes State Automobile Mutual, State Auto Property & Casualty, State Auto Ohio, State Auto Wisconsin, Milbank, Meridian Security, Patrons Mutual, Rockhill Insurance, Plaza Insurance, American Compensation and Bloomington Compensation.
  • Additional information on State Auto Financial Corporation and the State Auto Insurance Companies can be found online at http://www.StateAuto.com/STFC .\nView source version on businesswire.com: https://www.businesswire.com/news/home/20210514005439/en/\n"

Outlook on the Automotive Electrical Connectors Global Market to 2028 - Rising Development in Battery Systems Presents Opportunities - ResearchAndMarkets.com

Friday, May 14, 2021 - 5:47pm

b'The "Automotive Electrical Connectors Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Type, Vehicle Type, and Powertrain Type" report has been added to ResearchAndMarkets.com\'s offering.\nThe global automotive electrical connectors market is segmented into five major regions - North America, Europe, APAC, MEA, and SAM.

Key Points: 
  • b'The "Automotive Electrical Connectors Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Type, Vehicle Type, and Powertrain Type" report has been added to ResearchAndMarkets.com\'s offering.\nThe global automotive electrical connectors market is segmented into five major regions - North America, Europe, APAC, MEA, and SAM.
  • Also, owing to increased adoption of passenger cars, the Asian market is expected to witness massive growth in the automotive electrical connectors market during the forecast period.
  • Therefore, the adoption of automotive electrical connectors to improve power transmission of vehicles is rising in these countries.
  • This factor encourages automotive electrical connector providers to increase their focus on developing or innovating automotive electrical connectors with a high voltage range.\nThe overall automotive electrical connectors market size has been derived using both primary and secondary sources.

Arcimoto’s Douglas Campoli Named CFO of the Year by Portland Business Journal

Friday, May 14, 2021 - 4:41pm

b'Arcimoto , Inc.\xc2\xae (NASDAQ: FUV), makers of fun, affordable, and ultra-efficient electric vehicles for everyday drivers and fleets, announced today that Chief Financial Officer (CFO), Douglas Campoli, has been named 2021 CFO of the Year by Portland Business Journal in the Public Companies category.

Key Points: 
  • b'Arcimoto , Inc.\xc2\xae (NASDAQ: FUV), makers of fun, affordable, and ultra-efficient electric vehicles for everyday drivers and fleets, announced today that Chief Financial Officer (CFO), Douglas Campoli, has been named 2021 CFO of the Year by Portland Business Journal in the Public Companies category.
  • This annual award gives recognition to those financial professionals in Oregon and Southwest Washington.\nDoug has served as Arcimoto\xe2\x80\x99s CFO since 2015.
  • In his role, he has managed the company\xe2\x80\x99s accounting, finance and treasury departments.
  • As a strategic leader, he built financial processes, systems, policies and corporate governance committees from the ground up.

All-New 2022 Nissan Pathfinder Rolls off Assembly Line

Friday, May 14, 2021 - 3:05pm

b"The first all-new 2022 Nissan Pathfinder rolled off the assembly line today at the award-winning Nissan Smyrna Vehicle Assembly Plant in Tennessee.\nThis press release features multimedia.

Key Points: 
  • b"The first all-new 2022 Nissan Pathfinder rolled off the assembly line today at the award-winning Nissan Smyrna Vehicle Assembly Plant in Tennessee.\nThis press release features multimedia.
  • View the full release here: https://www.businesswire.com/news/home/20210514005353/en/\nProduction of the all-new 2022 Nissan Pathfinder is officially underway at the award-winning Nissan Smyrna Vehicle Assembly Plant in Tennessee.
  • (Photo: Business Wire)\n\xe2\x80\x9cStart of production of the new Pathfinder marks another major milestone in our Nissan NEXT momentum story,\xe2\x80\x9d says Jeff Younginer, vice president, Nissan Smyrna Vehicle Assembly Plant.
  • \xe2\x80\x9cThe Smyrna plant team is thrilled to put the newest version of this iconic vehicle on the road for customers.\xe2\x80\x9d\nThe all-new Pathfinder, alongside the upcoming all-new 2022 Nissan Frontier , gives Nissan one of the freshest lineups in the industry.

Nobilis Group Announces Jeff Jagoe as President of Agent Development; Respected Industry Veteran Set to Expand Product Distribution

Friday, May 14, 2021 - 2:45pm

b'Nobilis Group is pleased to announce the addition of industry veteran Jeff Jagoe to the company as President of Agent Development.

Key Points: 
  • b'Nobilis Group is pleased to announce the addition of industry veteran Jeff Jagoe to the company as President of Agent Development.
  • Jagoe will be responsible for growing the agent channel for protection products across the automotive, RV, marine and powersports markets.\nThis press release features multimedia.
  • View the full release here: https://www.businesswire.com/news/home/20210514005338/en/\nJeff Jagoe, President of Agent Development for Nobilis Group, Inc. (Photo: Business Wire)\nBeginning as Dent Zone in 1991, Nobilis has set the industry standard in paintless dent repair, launching the first-ever PDR service contract in 1999.
  • The company has pioneered innovations in catastrophic repair services for the automotive industry and built the nation\xe2\x80\x99s largest mobile repair technician network.

QuantumScape and Volkswagen Sign Agreement to Select Location for Joint Venture Pilot-Line Facility

Friday, May 14, 2021 - 1:48pm

b'QuantumScape Corporation , (NYSE: QS, or \xe2\x80\x9cQuantumScape\xe2\x80\x9d) today announced that it has entered into an agreement with Volkswagen Group of America, Inc. to select the location of their joint-venture solid-state battery pilot-line facility by the end of 2021.

Key Points: 
  • b'QuantumScape Corporation , (NYSE: QS, or \xe2\x80\x9cQuantumScape\xe2\x80\x9d) today announced that it has entered into an agreement with Volkswagen Group of America, Inc. to select the location of their joint-venture solid-state battery pilot-line facility by the end of 2021.
  • The companies currently contemplate Salzgitter, Germany for the location.\nThe pilot-line facility, QS-1, will initially be a 1-gigawatt hour (GWh) battery cell commercial production plant for electric vehicle batteries.
  • QuantumScape and Volkswagen intend to expand production capacity by a further 20 GWh at the same location.\n\xe2\x80\x9cOur goal has been to bring our solid-state lithium-metal batteries to market as soon as possible,\xe2\x80\x9d said Jagdeep Singh, CEO and co-founder of QuantumScape.
  • In its Q1 Shareholder Letter , QuantumScape highlighted progress on that front as well, securing a facility in San Jose to house the QS-0 line.

POTTERY BARN LAUNCHES NEW COLLECTION WITH ICONIC AMERICAN BRAND, AIRSTREAM

Friday, May 14, 2021 - 1:00pm

View the full release here: https://www.businesswire.com/news/home/20210514005047/en/\nThe new Airstream x Pottery Barn Collection (Photo: Business Wire)\n\xe2\x80\x9cFollowing the demand we saw from our first successful collaboration with Airstream, we are excited to unveil a second collection which reflects the idea that home is wherever our customers are, while drawing on the wanderlust and sense of adventure that Airstream ensues,\xe2\x80\x9d said Marta Benson, Pottery Barn President.

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20210514005047/en/\nThe new Airstream x Pottery Barn Collection (Photo: Business Wire)\n\xe2\x80\x9cFollowing the demand we saw from our first successful collaboration with Airstream, we are excited to unveil a second collection which reflects the idea that home is wherever our customers are, while drawing on the wanderlust and sense of adventure that Airstream ensues,\xe2\x80\x9d said Marta Benson, Pottery Barn President.
  • \xe2\x80\x9cWhether you own an Airstream or are just dreaming of an adventure, the pieces in this collection combine style, functionality and the comforts of home.\xe2\x80\x9d\nThe Airstream x Pottery Barn Collection features iconic Airstream references while evoking a sense of limitless possibilities no matter where the road leads.
  • In keeping with Pottery Barn\xe2\x80\x99s commitment to sustainability, the Airstream Coronado Striped Indoor/Pillow and Airstream Pacifica Indoor/Outdoor Rug are made with materials created from recycled plastic bottles.
  • Pottery Barn now offers products for all life stages and every room in the home through Pottery Barn, Pottery Barn Kids, and Pottery Barn Teen.