Global Defense & Security (GDS) practice and its partners deliver mission critical connectivity solutions that perform in demanding environments ROLLING MEADOWS, Ill., Aug. 15, 2023 /PRNewswire/ — Cambium Networks (NASDAQ: CMBM), a leading global provider of networking solutions, today announced strong results from its GDS practice and that its fixed wireless infrastructure solutions continue to evolve… Continue reading Cambium Networks Delivers Secure Fixed Wireless Broadband Solutions for Defense and Public Safety Applications
Tag: Morgan
Norfolk Southern appoints Chris Ceraso Vice President, Integrated Resource Planning
ATLANTA, Aug. 15, 2023 /PRNewswire/ — Norfolk Southern Corporation (NYSE: NSC) today announced that Chris Ceraso has been appointed Vice President Integrated Resource Planning, effective October 1. Continue Reading Chris Ceraso, Vice President Integrated Resource Planning In this newly established role, Ceraso will be responsible for leading Norfolk Southern’s integrated resource planning process. The elevation of… Continue reading Norfolk Southern appoints Chris Ceraso Vice President, Integrated Resource Planning
Conrad Industries Announces Second Quarter 2023 Results and Backlog
MORGAN CITY, La., Aug. 14, 2023 /PRNewswire/ — Conrad Industries, Inc. (OTC Pink: CNRD) announced today its second quarter and six months ended June 30, 2023 financial results and backlog at June 30, 2023. For the quarter ended June 30, 2023, Conrad had net loss of $5.9 million and loss per diluted share of $1.18… Continue reading Conrad Industries Announces Second Quarter 2023 Results and Backlog
Mammoth Holdings Opens Pitstop Car Wash in Mobile, AL Market
DALLAS, Aug. 14, 2023 /PRNewswire/ — Mammoth Holdings LLC, America’s premier express car wash platform, announced the recent opening of its newest location, Pitstop Car Wash in Theodore, Alabama. The new site, located just outside of Mobile, Alabama, aligns with Mammoth’s dual growth strategy of developing greenfield locations while also acquiring existing brands. Continue Reading “We’re… Continue reading Mammoth Holdings Opens Pitstop Car Wash in Mobile, AL Market
Ford exec expects software to boost revenue for commercial trucks, vans
[1/3]A model of the Ford F-150 Lightning electric pickup is parked in front of the Ford Motor Company World Headquarters in Dearborn, Michigan, U.S. April 26, 2022. REUTERS/Rebecca Cook/File Photo Aug 10 (Reuters) – Ford Motor (F.N) expects to incorporate more and better software into the trucks and vans in its highly profitable Ford Pro… Continue reading Ford exec expects software to boost revenue for commercial trucks, vans
U.S. judge greenlights Nio investor class action over factory claims
By Jody Godoy (Reuters) – Nio Inc investors can proceed as a class in a lawsuit claiming the Chinese electric vehicle maker lied about building its own factory in Shanghai during its 2018 initial public offering, a U.S. judge has ruled. The lawsuit in federal court in New York seeks damages from Nio, its executives… Continue reading U.S. judge greenlights Nio investor class action over factory claims
High prices for new cars slowing, discounts rising for most
Car buyers are getting a respite in terms of rising prices on new vehicles. On Wednesday, Kelley Blue Book released July pricing data that showed the smallest year-over-year price increase in the last decade, prompting Research Manager Rebecca Rydzewski to write, “New-vehicle price inflation has all but disappeared in 2023.” According to Kelley Blue book… Continue reading High prices for new cars slowing, discounts rising for most
GM still struggling to build EVs, sees margin growth ahead for Cruise: CFO
GM in early 2022 said it expected to build 25,000 Lyriqs at the company’s Spring Hill, Tennessee, plant last year, but fell far short of that target. General Motors is still struggling to ramp up production of electric vehicles, a top executive said on Wednesday. Speaking at a J.P. Morgan investor conference, GM Chief Financial… Continue reading GM still struggling to build EVs, sees margin growth ahead for Cruise: CFO
GATES ANNOUNCES PRICING OF SECONDARY OFFERING OF 15,000,000 ORDINARY SHARES
DENVER, Aug. 9, 2023 /PRNewswire/ — Gates Industrial Corporation plc (NYSE: GTES, “Gates” or the “Company”) announced today the pricing of the previously announced secondary offering of 15,000,000 ordinary shares (the “Offering”) by certain selling stockholders affiliated with Blackstone Inc. (the “Selling Stockholders”) at a public offering price of $11.75 per share. The Selling Stockholders… Continue reading GATES ANNOUNCES PRICING OF SECONDARY OFFERING OF 15,000,000 ORDINARY SHARES
INRIX Secures $70 Million Financing from Morgan Stanley Investment Management
KIRKLAND, Wash., Aug. 8, 2023 /PRNewswire/ — INRIX, Inc., a leading provider of transportation analytics and connected car services, today announced the successful completion of a $70 million financing round from investment funds managed by Morgan Stanley Expansion Capital and Morgan Stanley Tactical Value (together, “Morgan Stanley Investment Management”). The funding will be utilized to fuel… Continue reading INRIX Secures $70 Million Financing from Morgan Stanley Investment Management