Cummins Announces Final Results of Exchange Offer and Finalizes Separation of Atmus Filtration Technologies Inc.

COLUMBUS, Ind.–(BUSINESS WIRE)–Today, Cummins Inc. (NYSE: CMI) (“Cummins”) announced the final results of its previously announced offer to its shareholders to exchange their shares of Cummins common stock for shares of Atmus Filtration Technologies Inc. (NYSE: ATMU) (“Atmus”) common stock owned by Cummins. The exchange offer expired at 12:00 midnight, New York City time, at… Continue reading Cummins Announces Final Results of Exchange Offer and Finalizes Separation of Atmus Filtration Technologies Inc.

Allison Transmission Announces Closing of Amend and Extend of its Revolving Credit Facility and Term Loan Debt

INDIANAPOLIS–(BUSINESS WIRE)–Allison Transmission Holdings Inc. (NYSE: ALSN) (“Allison” or the “Company”) announced today that, on March 13, 2024, its wholly owned subsidiary, Allison Transmission, Inc. (the “Borrower”), entered into a fourth amendment to its credit agreement (the “Amendment”). Pursuant to the Amendment, the Borrower increased its commitments under its revolving credit facility from $650 million… Continue reading Allison Transmission Announces Closing of Amend and Extend of its Revolving Credit Facility and Term Loan Debt

Magna annonce le placement de billets de premier rang

AURORA, Ontario, 18 mars 2024 (GLOBE NEWSWIRE) — Magna International, Inc. (TSX : MG ; NYSE : MGA) a annoncé aujourd’hui avoir conclu un accord de prise ferme concernant le placement de billets de premier rang non garantis d’un montant total de 400 millions de dollars américains, à échéance 2029 (les « Billets »). Les Billets porteront intérêt à un taux annuel de 5,050 %… Continue reading Magna annonce le placement de billets de premier rang

Magna kündigt die Emission vorrangiger Schuldverschreibungen an

AURORA, Ontario, March 18, 2024 (GLOBE NEWSWIRE) — Magna International Inc. (TSX: MG; NYSE: MGA) gab heute den Abschluss eines Übernahmevertrags für die Emission von vorrangigen unbesicherten Schuldverschreibungen mit einem Gesamtnennbetrag von 400 Millionen US-Dollar und Fälligkeit im Jahr 2029 (die „Schuldverschreibungen“) bekannt. Die Schuldverschreibungen werden mit einem jährlichen Zinssatz von 5,050 % verzinst und haben… Continue reading Magna kündigt die Emission vorrangiger Schuldverschreibungen an

NVIDIA Omniverse Expands Worlds Using Apple Vision Pro

NVIDIA is bringing OpenUSD-based Omniverse enterprise digital twins to the Apple Vision Pro. Announced today at NVIDIA GTC, a new software framework built on Omniverse Cloud APIs, or application programming interfaces, lets developers easily send their Universal Scene Description (OpenUSD) industrial scenes from their content creation applications to the NVIDIA Graphics Delivery Network (GDN), a… Continue reading NVIDIA Omniverse Expands Worlds Using Apple Vision Pro

NVIDIA Supercharges Autonomous System Development with Omniverse Cloud APIs

While simulation is critical for training, testing and deploying autonomy,  achieving real-world fidelity is incredibly challenging. It requires accurate modeling of the physics and behavior of an autonomous system’s sensors and surroundings. Designed to address this challenge by delivering large-scale, high-fidelity sensor simulation, Omniverse Cloud APIs, announced today at NVIDIA GTC, are poised to accelerate… Continue reading NVIDIA Supercharges Autonomous System Development with Omniverse Cloud APIs

HELLA GmbH KGaA Full Year 2023 Earnings: EPS: €2.38 (vs €5.41 in FY 2022)

HELLA GmbH KGaA (ETR:HLE) Full Year 2023 Results Key Financial Results Revenue: €7.95b (up 5.2% from FY 2022). Net income: €263.9m (down 56% from FY 2022). Profit margin: 3.3% (down from 7.9% in FY 2022). The decrease in margin was driven by higher expenses. EPS: €2.38 (down from €5.41 in FY 2022). XTRA:HLE Earnings and… Continue reading HELLA GmbH KGaA Full Year 2023 Earnings: EPS: €2.38 (vs €5.41 in FY 2022)

Here’s Why Eaton (ETN) is a Strong Momentum Stock

It doesn’t matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. While you may have an investing style you rely on, finding great stocks is made easier with the Zacks Style Scores. These are complementary indicators that rate stocks based on value,… Continue reading Here’s Why Eaton (ETN) is a Strong Momentum Stock

Witness the Next Evolution of Luxury at Thailand’s Premier Showroom

March 18, 2024 Witness the Next Evolution of Luxury at Thailand’s Premier Showroom Open share list Share this content. LG Thailand has forged a groundbreaking partnership with ATTA Autohaus, the first digital showroom of Mercedes-Benz in Thailand, to redefine the visitor experience. In a flawless fusion of innovation and luxury, this exclusive venture showcases LG’s… Continue reading Witness the Next Evolution of Luxury at Thailand’s Premier Showroom