Author: GlobeNews Newswire

Kongsberg Automotive ends a challenging 2023 with flat revenues, positive free cash flow, and strong order intake

Zurich, March 12, 2024: Kongsberg Automotive ASA (Kongsberg Automotive) has published its results for the fourth quarter of 2023. The results show a flat revenue development, positive adjusted EBIT in line with expectations, and positive free cash flow. “It was my honor to have been appointed as the interim President & CEO of KA in… Continue reading Kongsberg Automotive ends a challenging 2023 with flat revenues, positive free cash flow, and strong order intake

Michelin : Disclosure of the total number of voting rights and of the number of shares making up the Company’s capital

           Clermont-Ferrand, March 12th, 2024 COMPAGNIE GÉNÉRALE DES ÉTABLISSEMENTS MICHELINPartnership Limited by Shares (commandite par actions) having a capital of EUR 357,479,113 Registered in the CLERMONT-FERRAND Trade and companies registerunder number 855 200 887Head office: 23, place des Carmes-Déchaux – 63000 Clermont-Ferrand, France Disclosure of the total number of voting rights and of the number… Continue reading Michelin : Disclosure of the total number of voting rights and of the number of shares making up the Company’s capital

Michelin : Déclaration du nombre total des droits de vote et du nombre d’actions composant le capital social

                                     Clermont-Ferrand, le 12 mars 2024 COMPAGNIE GÉNÉRALE DES ÉTABLISSEMENTS MICHELINSociété en commandite par actionsAu capital de € 357 479 113855 200 887 R.C.S. CLERMONT-FERRANDSiège social : 23, place des Carmes-Déchaux – 63000 Clermont-Ferrand Déclaration du nombre total des droits de vote et du nombre d’actionscomposant le capital social(articles L.233-8 du Code de commerce et… Continue reading Michelin : Déclaration du nombre total des droits de vote et du nombre d’actions composant le capital social

Transactions carried out under Kongsberg Automotive’s share buy-back program

As announced on November 7, 2023 Kongsberg Automotive ASA (KA) has put in place a non-discretionary agreement with Danske Bank for the repurchase of up to 2.5% of its outstanding shares in the market. The share repurchases started on November 17, 2023. Date Aggregated Daily Volume (# of Shares) Weighted Average Price (NOK) Total Transaction… Continue reading Transactions carried out under Kongsberg Automotive’s share buy-back program

Kongsberg Automotive wins a new contract for an electric rotary actuator used in plug-in hybrid electric vehicles

Zurich, March 11, 2024: Kongsberg Automotive (KA) has won a contract worth over EUR 22 million in estimated lifetime revenue for an electric rotary actuator used in plug-in hybrid electric vehicle (PHEV).   KA’s rotary actuator is a compact park lock actuator that can function as a rotary actuator on powertrains. The park lock actuator… Continue reading Kongsberg Automotive wins a new contract for an electric rotary actuator used in plug-in hybrid electric vehicles

Ferrari N.V.: Periodic Report on the Buyback Program

Maranello (Italy), March 11, 2024 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the Euro 350 million share buyback program announced on November 7, 2023, as the fourth tranche of the multi-year share buyback program of approximately Euro 2 billion expected to be executed by 2026 in… Continue reading Ferrari N.V.: Periodic Report on the Buyback Program

NVIDIA and HP Supercharge Data Science and Generative AI on Workstations

LAS VEGAS, March 07, 2024 (GLOBE NEWSWIRE) — HP Amplify — NVIDIA and HP Inc. today announced that NVIDIA CUDA-X™ data processing libraries will be integrated with HP AI workstation solutions to turbocharge the data preparation and processing work that forms the foundation of generative AI development. Built on the NVIDIA CUDA® compute platform, CUDA-X… Continue reading NVIDIA and HP Supercharge Data Science and Generative AI on Workstations

Lesjӧfors Group expands European market with new distribution center in Netherlands

The Lesjӧfors Group, one of the largest spring corporations in the world, is increasing its global logistics network with the opening of a purpose-built distribution and sales centre for its standard stock range, enabling faster deliveries across Europe.  Express delivery service Lesjöfors Stock Spring Europe will be based in the Netherlands, in Haaksbergen, and the… Continue reading Lesjӧfors Group expands European market with new distribution center in Netherlands

Magna Announces Senior Notes Offering

AURORA, Ontario, March 05, 2024 (GLOBE NEWSWIRE) — Magna International Inc. (TSX: MG; NYSE: MGA) today announced that it has entered into an underwriting agreement in respect of the offering of U.S.$400 million aggregate principal amount of senior unsecured notes due 2029 (the “notes”). The notes will bear interest at an annual rate of 5.050%… Continue reading Magna Announces Senior Notes Offering