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Fuel Tech Reports 2023 Fourth Quarter and Full Year Financial Results

Retrieved on:

Monday, March 11, 2024

Fuel Tech, Inc. (NASDAQ: FTEK), a technology company providing advanced engineering for the optimization of combustion systems, emissions control, and water treatment in utility and industrial applications, today reported financial results for the fourth quarter (Q4) and full year ended December 31, 2023.

Key Points:

Fuel Tech, Inc. (NASDAQ: FTEK), a technology company providing advanced engineering for the optimization of combustion systems, emissions control, and water treatment in utility and industrial applications, today reported financial results for the fourth quarter (Q4) and full year ended December 31, 2023.
Our APC backlog at December 31, 2023 was $7.5 million, up from $5.6 million at September 30, 2023.
As expected, revenues at our FUEL CHEM® segment declined year-over-year for both the fourth quarter and full year 2023, with warmer weather across the US impacting unit dispatch; however, segment gross margin was essentially unchanged and at historic levels.
Adjusted EBITDA loss was $(0.6) million in Q4 2023 compared to Adjusted EBITDA loss of $(0.3) million in Q4 2022.

Adidas Courts Named Official Court of the Pro Padel League

Retrieved on:

Wednesday, March 27, 2024

PPL, Growth, Sport, Entrepreneurship, AFP, VIP, Partnership, Padel, Wind, Athlete, Adidas, ULTRA

MIAMI, March 27, 2024 /PRNewswire-PRWeb/ -- The Pro Padel League (PPL) and AFP Courts today announced a strategic partnership agreement making adidas the official court of the PPL, marking a significant milestone for North America's first and only professional padel league. The adidas brand will be featured on PPL courts throughout the season, which begins with two exciting back-to-back events at the ULTRA CLUB in Miami starting April 2nd.

Key Points:

MIAMI, March 27, 2024 /PRNewswire-PRWeb/ -- The Pro Padel League (PPL) and AFP Courts today announced a strategic partnership agreement making adidas the official court of the PPL, marking a significant milestone for North America's first and only professional padel league.
-Marcos del Pilar, PPL Commissioner
As part of the expansive multiyear agreement, AFP Courts, a subsidiary of the AFP Group, will serve as the official court supplier of the league.
AFP Courts will spearhead the development of co-branded adidas and PPL courts for worldwide sales and distribution.
Today, two of the best positioned brands in the sports industry, Pro Padel League and adidas, join forces to boost the sport of padel and its practice all around the US.

ULTRA CLUB INTRODUCES PREMIER PADEL AND LIFESTYLE CLUB TO MIAMI WITH LAUNCH OF FLAGSHIP LOCATION

Retrieved on:

Tuesday, March 12, 2024

Health, PPL, Sport, Rejuvenation, Padel, Overalls, ULTRA, Heart, Nightclub

MIAMI, March 12, 2024 /PRNewswire/ -- ULTRA CLUB, Miami's first premier sports and lifestyle club, is excited to open its flagship location in the heart of the city's vibrant Magic City Innovation District as the largest padel facility in the U.S. A celebration of padel and sports, health and wellness, community and connection, ULTRA CLUB will revolutionize the world of sports clubs in Miami beginning this April. Slated to take South Florida by storm, the immersive community will expand across South Beach and Brickell neighborhoods, with future plans to bring the ULTRA lifestyle to New York, Los Angeles, San Francisco, Las Vegas, and beyond.

Key Points:

MIAMI, March 12, 2024 /PRNewswire/ -- ULTRA CLUB , Miami's first premier sports and lifestyle club, is excited to open its flagship location in the heart of the city's vibrant Magic City Innovation District as the largest padel facility in the U.S. A celebration of padel and sports, health and wellness, community and connection, ULTRA CLUB will revolutionize the world of sports clubs in Miami beginning this April.
ULTRA CLUB will be the largest padel facility in the U.S. with flagship location launching in Miami this April.
With the beloved sport of padel at its heart, ULTRA CLUB will be where laid back luxury meets the love of the game.
To learn more about ULTRA CLUB, please visit https://ultraclub.me/ or follow @ultraclubofficial .

O-I Glass Announces CEO Andres Lopez to Retire

Retrieved on:

Wednesday, March 6, 2024

Shareholder, ULTRA, Glass, Retirement, MAGMA, Management

PERRYSBURG, Ohio, March 06, 2024 (GLOBE NEWSWIRE) -- O-I Glass, Inc. (NYSE: O-I) (the “Company” or “O-I”) today announced that Andres Lopez will retire as Chief Executive Officer, effective May 15, 2024, following a nearly 40-year career with the Company.

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PERRYSBURG, Ohio, March 06, 2024 (GLOBE NEWSWIRE) -- O-I Glass, Inc. (NYSE: O-I) (the “Company” or “O-I”) today announced that Andres Lopez will retire as Chief Executive Officer, effective May 15, 2024, following a nearly 40-year career with the Company.
The Board has been working with an executive search firm to identify O-I’s next CEO as part of the Company’s long-term succession planning process.
Andres is committed to supporting a seamless transition of responsibilities to his successor.
Andres joined O-I in 1986 and has held numerous leadership positions across the Company’s global operations before being named CEO in January 2016.

O-I Glass Reports Full Year and Fourth Quarter 2023 Results

Retrieved on:

Tuesday, February 6, 2024

Glass, MAGMA, ESG, ULTRA, Tax, Public expenditure

O-I continued to execute well through the fourth quarter and business performance moderately exceeded our expectations.

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O-I continued to execute well through the fourth quarter and business performance moderately exceeded our expectations.
“In addition to operating well in 2023, we continued to advance our long-term strategy.
The benefit from margin expansion initiatives significantly exceeded our target with the strongest results in that program’s seven-year history.
Total debt was $4.9 billion on December 31, 2023, compared to $4.7 billion at prior year end.

InventHelp Inventor Develops Improved Driving Simulator for Students (SDB-1768)

Retrieved on:

Tuesday, February 6, 2024

Learning, Risk, Multimedia, ULTRA, Sale, Rail transport by country, Suite, Transport, Teaching, Accident, Nursing

PITTSBURGH, Feb. 6, 2024 /PRNewswire/ -- "I'm a driving instructor with 20 years of experience teaching others how to drive.

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PITTSBURGH, Feb. 6, 2024 /PRNewswire/ -- "I'm a driving instructor with 20 years of experience teaching others how to drive.
I wanted to replicate real-world driving experiences to maximize a student's experience and allow them to react safely," said an inventor, from San Diego, Calif., "so I invented the ULTRA DRIVING SIMULATOR.
My design allows training to be performed safely and in a controlled environment to instill added confidence and increase one's overall driving knowledge."
In doing so, it would simulate an actual driving experience.

2023-2024 Global Top Brands Winners Unveiled

Retrieved on:

Friday, January 12, 2024

Atmos, EDG, Infinix Mobile, IDC, Research, Science, QLED, HOT, Samsung, Huawei, XDR, Consumer Electronics Show, Mercedes-Benz, TCL, Apple, MLED, Dust, AA, Growth, CPL, TWS, Sony, Volkswagen, ULTRA, BMW, Ford, Software, NOTE, Safety, ADG, International Data Group, GAC, ZERO, Smartphone, OLED, GTB, LG, Car, AI, TWICE, Navigator, CES, MicroLED, SMART, Awards ceremony, Intelligence, IDG, Dolby Atmos, LCD, BYD, Health, The Digital Group, Electronics, General Motors, COMBO, GAC Group, GfK, Television, Mobile phone

LAS VEGAS, Jan. 12, 2024 /PRNewswire/ -- On January 10, 2024, the winners of the Global Top Brands Awards were unveiled at the Consumer Electronics Show (CES), the world's most renowned, influential and largest consumer electronics industry event. Among the attendees at the Awards Ceremony were Zhu Dongfang, President of Asia Digital Group, Adam Goldstein, Vice President of TWICE, Zhang Li, Executive Vice President of Asia Digital Group, and senior representatives from global top brands.

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As smartphones receive the highest attention in the consumer electronics field, competition among global brands becomes more intense.
The 2023-2024 Global Smart Phone Brands Top 10 award was received by brands like Apple, Samsung, Huawei, Xiaomi, TECNO and etc.
Brands like Samsung, TCL, LG, Sony, and Xiaomi emerged as winners in the 2023-2024 Global TV Brands Top 10 category.
The Global Top Brands Awards will persist in seeking global examples of consumer electronics development to foster a healthy industry growth.

TCL Unveils Dramatically Enhanced Home Theater Lineup at CES 2024, Including New Premium QD Mini LED and an All New 115" TV

Retrieved on:

Monday, January 8, 2024

Atmos, Consumer Electronics Show, Mini, VRR, LED-backlit LCD, Wi-Fi 6, QD, Electronics, ULTRA, Dolby Vision, AMD, TCL, Sport, Dolby Atmos, Human, CES, Channel, ATSC 3.0, DTS, Wireless, Sound, Television, Home cinema, IMAX, Development, Certification, Senior, QLED, HDR

LAS VEGAS, Jan. 8, 2024 /PRNewswire/ -- TCL®, one of the world's best-selling and leading technology companies, today announced new TVs and sound bars for unprecedented home entertainment solutions at the 2024 International Consumer Electronics Show (CES). Inspiring greatness in homes nationwide with its innovation, TCL continues to break down the barriers in home theater with its award-winning family of products. Its most premium line of QLED TVs aims to deliver better performance and bigger screens, featuring a broader range of Mini LED models and further enhancements for unmatched gaming, cinema, and sports experiences with complimentary sound bar offerings.

Key Points:

TCL will raise the bar in 2024 with an expanded and enhanced TV line-up.
TCL will continue to segment the TV line into S Class for Smart TV, and Q Class for QLED TV, introducing new premium QD Mini LED inside Q Class.
The S5 incorporates a High Brightness LED Backlight for up to 25% more brightness and enhanced color, resulting in more vibrant images.
"In 2024, TCL will raise the bar with our new premium QD Mini LED, providing a never before seen level of TV picture quality.

Intel Labs to Present Industry-Leading AI Research at NeurIPS 2023

Retrieved on:

Monday, December 11, 2023

Intel Labs is showcasing some of its most significant and industry-first AI innovations at NeurIPS 2023 — the leading global event for developers, researchers, and academic professionals focused on AI and computer-vision technologies.

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Intel Labs is showcasing some of its most significant and industry-first AI innovations at NeurIPS 2023 — the leading global event for developers, researchers, and academic professionals focused on AI and computer-vision technologies.
View the full release here: https://www.businesswire.com/news/home/20231211952867/en/
Intel Labs is showcasing some of its most significant and industry-first AI innovations at NeurIPS 2023 — the global event for developers, researchers, and academic professionals focused on AI and computer-vision technologies.
(Credit: Intel Corporation)
At NeurIPS 2023, Intel Labs will present industry-leading AI research and share the company’s “ AI Everywhere ” vision with a diverse community of innovators and thought leaders.
To learn more about the complete collection of research highlighted at the event, read the in-depth event post and watch Intel Labs’ video at the top of this page, or visit Intel Labs at NeurIPS (Booth #405).

Fluidx Medical Reveals New Embolic Platform for Internal Bleeding, Tumor Treatment, and Other Uses

Retrieved on:

Thursday, November 30, 2023

SALT LAKE CITY, Nov. 30, 2023 /PRNewswire/ -- Fluidx Medical today released information about their new ULTRA™ embolic platform designed to make therapeutic embolization procedures safer, better, and faster.

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SALT LAKE CITY, Nov. 30, 2023 /PRNewswire/ -- Fluidx Medical today released information about their new ULTRA™ embolic platform designed to make therapeutic embolization procedures safer, better, and faster.
"Embolic particles are hard to visualize during delivery, increasing the risk of off-target embolization and leading to unintended harm of nearby tissues."
"ULTRA is visible under x-ray giving clinicians greater control and visualization of the embolic to ensure safe, accurate delivery."
The success of the ULTRA embolic platform follows on the heels of another large milestone for Fluidx Medical, as their flagship product the GPX Embolic Device is currently under Investigational Device Exemption (IDE) review with the FDA.