CHARLOTTE, N.C., Nov. 22, 2024 /PRNewswire/ — In light of the current economic conditions and current sales trends the Board of Directors of The Cato Corporation (NYSE: CATO) suspended the regular quarterly dividend. Statements in this press release that express a belief, expectation or intention, as well as those that are not a historical fact, including, without… Continue reading THE CATO CORPORATION SUSPENDS REGULAR QUARTERLY DIVIDEND
Tag: Strategy
X Financial to Hold Annual General Meeting on December 20, 2024
SHENZHEN, China, Nov. 22, 2024 /PRNewswire/ — X Financial (NYSE: XYF) (the “Company” or “we”), a leading online personal finance company in China, today announced it will hold its 2024 annual general meeting of shareholders at 7/F – 8/F, Block A, Aerospace Science and Technology Plaza, No. 168 Haide Third Avenue, Nanshan District, Shenzhen 518067,… Continue reading X Financial to Hold Annual General Meeting on December 20, 2024
This Week in Finance News: 12 Stories You Need to See
A roundup of the most newsworthy financial press releases from PR Newswire this week, including updates in cross-border payments and retirement spending, as well as The Economist’s look ahead at 2025. NEW YORK, Nov. 22, 2024 /PRNewswire/ — With thousands of press releases published each week, it can be difficult to keep up with everything… Continue reading This Week in Finance News: 12 Stories You Need to See
SKF secures EUR 430 million financing for R&D of sustainable technologies
GOTHENBURG, Sweden, Nov. 22, 2024 /PRNewswire/ — SKF has secured EUR 430 million financing from the European Investment Bank (EIB) with a tenor of up to ten years. The financing will support SKF’s research and development (R&D) to increase the focus on high-growth segments and accelerate the design and development of enabling technologies particularly for… Continue reading SKF secures EUR 430 million financing for R&D of sustainable technologies
ZKH Group Limited Enters Strategically Comprehensive Cooperation Agreement with Tmall
SHANGHAI, Nov. 22, 2024 /PRNewswire/ — ZKH Group Limited (“ZKH” or the “Company”) (NYSE: ZKH), a leading maintenance, repair and operations (“MRO”) procurement service platform in China, today announced that it has entered into a comprehensive strategic partnership agreement (the “Agreement”) with Zhejiang Tmall Technology Co., Ltd. (“Tmall”) with respect to the cooperation between the… Continue reading ZKH Group Limited Enters Strategically Comprehensive Cooperation Agreement with Tmall
10 Federal Storage Reports Record Third-Quarter Results and Expands Third-Party Management Platform
RALEIGH, N.C., Nov. 22, 2024 /PRNewswire/ — 10 Federal Storage, a leader in autonomous self-storage operations, is pleased to announce record-breaking third-quarter performance, with standout growth across its offerings. Building on this success, the company is expanding its third-party management platform to a limited number of properties and select self-storage owners starting in Q1 2025.… Continue reading 10 Federal Storage Reports Record Third-Quarter Results and Expands Third-Party Management Platform
Laimu Electronics Showcases Cutting-Edge Connector Solutions at Electronica 2024, Expanding Global Reach
MUNICH, Nov. 22, 2024 /PRNewswire/ — Shanghai Laimu Electronics Co. Ltd. (“Laimu Electronics”) made a significant impact at Electronica 2024 held from November 12-15, showcasing its latest advancements in connectors, precision components, and modular products. With a modern and spacious 120-square-meter booth, Laimu Electronics demonstrated its robust capabilities and commitment to transforming from a Chinese enterprise into… Continue reading Laimu Electronics Showcases Cutting-Edge Connector Solutions at Electronica 2024, Expanding Global Reach
EQT to sell Melita, the digital infrastructure owner and operator in Malta
EQT to sell Melita to Goldman Sachs Alternatives Under EQT’s ownership, Melita strengthened its position as a leading digital infrastructure owner and operator through strategic investments in its network and customer experience, while building a successful international Internet of Things (IoT) connectivity business Today, Melita is the only operator in Malta providing both nationwide Gigabit… Continue reading EQT to sell Melita, the digital infrastructure owner and operator in Malta
Cultural Finance Empowers New Quality Productive Forces in the Greater Bay Area’s Cultural Industry
GUANGZHOU, China, Nov. 22, 2024 /PRNewswire/ — From November 20 to 22, the 2024 Guangdong-Hong Kong-Macao Greater Bay Area Cultural Industry Investment Conference took place in Guangzhou. The event was attended by representatives from financial and securities institutions, industry associations, over 100 leading investment firms, more than 40 listed companies, as well as over 100… Continue reading Cultural Finance Empowers New Quality Productive Forces in the Greater Bay Area’s Cultural Industry
PEPSICO TO ACQUIRE FULL OWNERSHIP OF SABRA AND OBELA
Enables PepsiCo to Accelerate Innovation in Refrigerated Fresh Dips and Spreads to Meet Growing Consumer Demand Further Expands Company’s Positive Choice Portfolio PURCHASE, N.Y., Nov. 22, 2024 /PRNewswire/ — PepsiCo, Inc. (NASDAQ: PEP) today announced its agreement to acquire the remaining 50% interest in Sabra Dipping Company, LLC (Sabra) and PepsiCo-Strauss Fresh Dips & Spreads… Continue reading PEPSICO TO ACQUIRE FULL OWNERSHIP OF SABRA AND OBELA