Ho Chi Minh City’s Vibrant Festivals in 2024: A Celebration of Culture and Tradition

HO CHI MINH CITY, Vietnam, Dec. 25, 2023 /PRNewswire/ — Ho Chi Minh City, a vibrant metropolis in Vietnam, is renowned for its rich cultural heritage and lively festivals. In 2024, the city will host a series of captivating events and festivals that showcase its unique traditions and attract both domestic and international visitors. Continue… Continue reading Ho Chi Minh City’s Vibrant Festivals in 2024: A Celebration of Culture and Tradition

Calliditas refinances existing term loan with Euro 92 million senior secured facility with Athyrium Capital

STOCKHOLM, Dec. 27, 2023 /PRNewswire/ — Calliditas Therapeutics AB (Nasdaq: CALT) and (Nasdaq Stockholm: CALTX) (“Calliditas”) today announced that the company has signed and fully drawn a term loan of 92 million Euros with funds managed by Athyrium Capital Management, LP (“Athyrium”). Proceeds from the loan will primarily be utilized for full repayment of the… Continue reading Calliditas refinances existing term loan with Euro 92 million senior secured facility with Athyrium Capital

Calliditas refinances existing term loan with Euro 92 million senior secured facility with Athyrium Capital

STOCKHOLM, Dec. 27, 2023 /PRNewswire/ — Calliditas Therapeutics AB (Nasdaq: CALT) and (Nasdaq Stockholm: CALTX) (“Calliditas”) today announced that the company has signed and fully drawn a term loan of 92 million Euros with funds managed by Athyrium Capital Management, LP (“Athyrium”). Proceeds from the loan will primarily be utilized for full repayment of the… Continue reading Calliditas refinances existing term loan with Euro 92 million senior secured facility with Athyrium Capital

Kongsberg Automotive wins contracts worth over EUR 19 million in estimated lifetime revenue for headrest mechanism

Zurich, December 27, 2023: Kongsberg Automotive’s (KA) Headrest business has won a contract extension and a new contract worth over EUR 19 million total in estimated lifetime revenue. These four-year contracts are awarded by Tier 1 customer for KA to supply the products globally across two vehicle platforms including an all-electric vehicle. KA has developed… Continue reading Kongsberg Automotive wins contracts worth over EUR 19 million in estimated lifetime revenue for headrest mechanism

Modine Manufacturing Company (MOD) Hits Fresh High: Is There Still Room to Run?

Have you been paying attention to shares of Modine (MOD)? Shares have been on the move with the stock up 22% over the past month. The stock hit a new 52-week high of $61.5 in the previous session. Modine has gained 204.4% since the start of the year compared to the 40.9% move for the… Continue reading Modine Manufacturing Company (MOD) Hits Fresh High: Is There Still Room to Run?

Is It Time To Consider Buying Continental Aktiengesellschaft (ETR:CON)?

Today we’re going to take a look at the well-established Continental Aktiengesellschaft (ETR:CON). The company’s stock led the XTRA gainers with a relatively large price hike in the past couple of weeks. The company’s trading levels have reached its high for the past year, following the recent bounce in the share price. With many analysts… Continue reading Is It Time To Consider Buying Continental Aktiengesellschaft (ETR:CON)?

@Nio: NIO Inc. Announces Closing of US$2.2 Billion Strategic Equity Investment from CYVN000601

SHANGHAI, China, Dec. 27, 2023 (GLOBE NEWSWIRE) — NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) (“NIO” or the “Company”), a pioneer and a leading company in the premium smart electric vehicle market, today announced that it has closed the US$2.2 billion strategic equity investment from CYVN Investments RSC Ltd (“CYVN”), an investment vehicle based… Continue reading @Nio: NIO Inc. Announces Closing of US$2.2 Billion Strategic Equity Investment from CYVN000601

Cox Automotive Forecast: U.S. Auto Sales Expected to Finish 2023 Up More Than 11% Year Over Year, as General Motors Retains Top Spot, Hyundai Motor Group Jumps Past Stellantis

Cox Automotive forecasts full-year 2023 U.S. auto sales to finish near 15.5 million units, up from 13.9 million in 2022 and down from the market peak of 17.5 million in 2016. Cox Automotive forecasts annual vehicle sales pace in December to be near 15.1 million, up 1.6 million from last December’s 13.5 million pace but… Continue reading Cox Automotive Forecast: U.S. Auto Sales Expected to Finish 2023 Up More Than 11% Year Over Year, as General Motors Retains Top Spot, Hyundai Motor Group Jumps Past Stellantis

Pando witnessed the market evolve and a surge in logistics AI technology adoption by manufacturers and retailers in 2023

Driven by volatility across global supply chains and a rising labor crunch, global enterprises are onboarding Pando (powered by a patented machine-learning algorithm) with an ambition to build autonomous logistics operations for agile and resilient supply chain. CHICAGO, Dec. 27, 2023 /PRNewswire/ — The volatile nature of the global supply chain continues to be a… Continue reading Pando witnessed the market evolve and a surge in logistics AI technology adoption by manufacturers and retailers in 2023

Life Time Reaffirms Full Year Fiscal 2023 Guidance

CHANHASSEN, Minn., Dec. 27, 2023 /PRNewswire/ — Based on information as of December 26, 2023, Life Time Group Holdings, Inc. (“Life Time,” “we,” “our,” “us,” or the “Company”) (NYSE: LTH) today reaffirmed its guidance for fiscal year ended December 31, 2023, that it provided on October 25, 2023, as part of its third quarter earnings… Continue reading Life Time Reaffirms Full Year Fiscal 2023 Guidance