January 11, 2024 7:52 am
SPAR Group Inc, a global provider of merchandising, marketing and distribution services, said on Wednesday that it had sold its ownership interest in SPARFacts, Australia, and the National Merchandising Services US joint venture. ”As we continue our evaluation of strategic alternatives for the business, we are simplifying our operations and focusing on tangible value creation […]
Read moreJanuary 10, 2024 11:10 am
InterDigital Inc, a mobile and video technology research and development firm, said on Wednesday that it had renewed its patent license agreements with Panasonic Entertainment & Communication Co Ltd. The renewals extend Panasonic’s license under InterDigital’s HEVC patents. They also extend Panasonic’s digital TV license under InterDigital Inc’s joint licensing program with Sony Corp. “It […]
Read moreJanuary 10, 2024 9:35 am
KULR Technology Group Inc, a leader in sustainable energy management, said on Tuesday that it had reduced its total workforce by about 15%. The announcement comes at a time, when KULR works to allocate resources to its key business priorities, while servicing recurring aerospace and defense contracts. The company streamlined operations at its headquarters in […]
Read moreJanuary 10, 2024 8:32 am
Spire Inc said on Tuesday that it had appointed Scott Doyle as Executive Vice President and Chief Operating Officer, effective January 15th. As COO, Doyle will oversee Spire’s gas utilities serving over 1.7 million customers in Alabama, Missouri and Mississippi. He has more than 25 years of experience within the utility industry. Most recently, he […]
Read moreJanuary 9, 2024 9:05 am
Barclays said on Monday that it had reduced its workforce by about 5,000 in 2023 as part of a major cost-cutting initiative it had announced last year. Most of those cuts were in Barclays Execution Services, the lender’s support unit. “Barclays removed approximately 5,000 headcount globally through 2023 as part of its ongoing efficiency programme […]
Read moreJanuary 9, 2024 8:18 am
Trinity Capital Inc, a provider of diversified financial solutions to growth-stage businesses, said on Monday that it had funded a record $641.8 million of investments for the entire 2023. The company also said it had originated $340.7 million of total new commitments in the fourth quarter of 2023. This brought total new commitments for the […]
Read moreJanuary 8, 2024 12:10 pm
General Dynamics Corp said on Friday that it had appointed Kim Kuryea as its next Chief Financial Officer, effective February 15th. Currently, Kuryea serves as senior vice president of human resources and administration at the company. “Kim is a seasoned finance executive with over 20 years of varied financial experience with the company including CFO […]
Read moreJanuary 7, 2024 3:25 pm
Newmark Group Inc on Friday announced the pricing of an offering of $600 million aggregate principal amount of senior notes. The notes will be general senior unsecured obligations of the company and will pay interest semi-annually at a rate of 7.50% per year – on each January 12th and July 12th – and will mature […]
Read moreJanuary 6, 2024 3:03 pm
Apollo Silver Corp said on Friday that its Board of Directors had accepted a notice of retirement from Tom Peregoodoff, currently President and Chief Executive Officer. The effective date of Peregoodoff’s retirement as an executive is June 30th 2024. A succession process has been initiated, Apollo Silver said. “Tom has played a critical role in […]
Read moreJanuary 6, 2024 2:01 pm
The China State Administration for Market Regulation said on Friday that Tesla Inc would recall 1.62 million vehicles in China. The vehicles can be remotely upgraded by the US auto maker, the market regulator said. Tesla will release an over-the-air software update that will affect 1.61 million vehicles. The latter include imported Model S and […]
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