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
Tag: Financial Results
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
SAFE Credit Union Supports Nonprofits with Community Grant Program
FOLSOM, Calif., Dec. 27, 2023 /PRNewswire/ — SAFE Credit Union awarded grants to several nonprofits in the Greater Sacramento region as part of its commitment to support the communities it serves. Grant recipients reflect a range of nonprofits providing services that support workforce development, housing, youth, and health. “We are so humbled and proud to be… Continue reading SAFE Credit Union Supports Nonprofits with Community Grant Program
Company News for Dec 27, 2023
Reuters Bristol Myers to buy RayzeBio for $4.1 billion in targeted cancer therapy push (Reuters) -Bristol Myers Squibb said on Tuesday it would buy RayzeBio for about $4.1 billion to bolster its cancer drug business, marking the second multi-billion dollar deal struck by the drugmaker in less than a week. Bristol Myers had announced a… Continue reading Company News for Dec 27, 2023
NIO Inc. Announces Closing of US$2.2 Billion Strategic Equity Investment from CYVN
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 Inc. Announces Closing of US$2.2 Billion Strategic Equity Investment from CYVN
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
Invitation to Autoliv’s Q4, 2023 Earnings Call
STOCKHOLM, Dec. 22, 2023 /PRNewswire/ — Autoliv Inc., plans to publish its Financial Report for the fourth quarter 2023 on Friday, January 26, 2024 at 12:00 Central European Time (CET). The report will be available at www.autoliv.com In addition, a teleconference will take place the same day. Q4 2023 Earnings Call: Date: … Continue reading Invitation to Autoliv’s Q4, 2023 Earnings Call
Pro Football Retired Players Association and Alumni Media Announce New Partnership to Expand Media Streaming Service
ARLINGTON, Va., Dec. 27, 2023 /PRNewswire/ — Pro Football Retired Players Association (PFRPA), a national organization that develops programs and benefits for retired NFL players, has partnered with Alumni Media, an over-the-top (OTT) media network that creates and distributes content in partnership with retired professional athletes. The newly formed partnership signifies a new era in… Continue reading Pro Football Retired Players Association and Alumni Media Announce New Partnership to Expand Media Streaming Service