Appoints Current Dana Director R. Bruce McDonald as Chairman and CEO Announces Plan to Sell Off-Highway Business Initiates $200 Million Cost Reduction Plan Confirms 2024 Full-Year Guidance Ranges for Sales, Adjusted EBITDA and Free Cash Flow MAUMEE, Ohio, Nov. 25, 2024 /PRNewswire/ — Dana Incorporated (NYSE: DAN) today announced the appointment of R. Bruce McDonald,… Continue reading Dana Announces Leadership Transition and Actions to Accelerate Value Creation
Tag: Morgan
Perigon Wealth Management Names New General Counsel and Cco, Director of Organic Growth
Expansion of Leadership Team Positions National Firm for Sustained Expansion SAN FRANCISCO, Nov. 26, 2024 /PRNewswire/ — Perigon Wealth Management, LLC (“Perigon”), a rapidly growing independent wealth management firm with offices across the country and approximately $8.2 billion in client assets as of June. 30, 20241, announced it has hired Jonathan Robbins as General Counsel and Chief Compliance Officer… Continue reading Perigon Wealth Management Names New General Counsel and Cco, Director of Organic Growth
Steering Committee of Ad Hoc Group of Sri Lanka Bondholders announces support for Sri Lanka’s debt restructuring terms
NEW YORK, Nov. 26, 2024 /PRNewswire/ — The Steering Committee of the Ad Hoc Group of Sri Lanka Bondholders (the “Ad Hoc Group” or the “Steering Committee”) is pleased to announce its support for the restructuring terms of all 11 series of Sri Lanka’s c.$12.55 billion in outstanding sovereign bonds, as detailed in the Republic of Sri… Continue reading Steering Committee of Ad Hoc Group of Sri Lanka Bondholders announces support for Sri Lanka’s debt restructuring terms
Steering Committee of Ad Hoc Group of Sri Lanka Bondholders announces support for Sri Lanka’s debt restructuring terms
NEW YORK, Nov. 26, 2024 /PRNewswire/ — The Steering Committee of the Ad Hoc Group of Sri Lanka Bondholders (the “Ad Hoc Group” or the “Steering Committee”) is pleased to announce its support for the restructuring terms of all 11 series of Sri Lanka’s c.$12.55 billion in outstanding sovereign bonds, as detailed in the Republic of Sri… Continue reading Steering Committee of Ad Hoc Group of Sri Lanka Bondholders announces support for Sri Lanka’s debt restructuring terms
16:30 ETDana Announces Leadership Transition and Actions to Accelerate Value CreationDana Incorporated (NYSE: DAN) today announced the appointment of …
Appoints Current Dana Director R. Bruce McDonald as Chairman and CEO Announces Plan to Sell Off-Highway Business Initiates $200 Million Cost Reduction Plan Confirms 2024 Full-Year Guidance Ranges for Sales, Adjusted EBITDA and Free Cash Flow MAUMEE, Ohio, Nov. 25, 2024 /PRNewswire/ — Dana Incorporated (NYSE: DAN) today announced the appointment of R. Bruce McDonald,… Continue reading 16:30 ETDana Announces Leadership Transition and Actions to Accelerate Value CreationDana Incorporated (NYSE: DAN) today announced the appointment of …
The auto industry is pulling back on its ‘capital junkie’ tendencies after unprecedented spending on EVs, self-driving
Electric vehicle start-up Lucid on Sept. 28, 2021 said production of its first cars for customers has started at its factory in in Casa Grande, Arizona. Lucid DETROIT — The auto industry has an addiction. It’s a “capital junkie” that’s been on a yearslong binge of unprecedented spending on all-electric and autonomous vehicles. And now,… Continue reading The auto industry is pulling back on its ‘capital junkie’ tendencies after unprecedented spending on EVs, self-driving
Merchants Bancorp Closes Depositary Share Offering
CARMEL, Ind., Nov. 25, 2024 /PRNewswire/ — Merchants Bancorp (“Merchants”) (Nasdaq: MBIN), parent company of Merchants Bank of Indiana, today announced the closing of its previously announced underwritten public offering of 9,200,000 depositary shares, each representing a 1/40th interest in a share of its 7.625% Fixed Rate Series E Non-Cumulative Perpetual Preferred Stock (the “Series… Continue reading Merchants Bancorp Closes Depositary Share Offering
Common Thyroid Medicine Linked to Bone Loss
CHICAGO, Nov. 25, 2024 /PRNewswire/ — Levothyroxine, the second most commonly prescribed medication among older adults in the U.S., may be associated with bone loss, according to a study being presented next week at the annual meeting of the Radiological Society of North America (RSNA). Levothyroxine, marketed under multiple brand names including Synthroid, is a… Continue reading Common Thyroid Medicine Linked to Bone Loss
India: Zomato receives shareholders’ approval to raise $101m via QIPZomato has seen its stock surge 140% since its market debut.
Indian food delivery major Zomato has received shareholder approval to raise about $101 million (Rs 8,500 crore) through a qualified institutional placement (QIP), according to the company’s latest filings with the National Stock Exchange (NSE). The company has reportedly hired investment bank Morgan Stanley to initiate the process. Zomato’s fundraising plans come at a time… Continue reading India: Zomato receives shareholders’ approval to raise $101m via QIPZomato has seen its stock surge 140% since its market debut.
Ascentage Pharma Appoints Ms. Marina S. Bozilenko and Dr. Debra Yu as Independent Non-Executive Directors
ROCKVILLE, Md. and SUZHOU, China, Nov. 24, 2024 /PRNewswire/ — Ascentage Pharma (6855.HK), a global biopharmaceutical company engaged in discovering, developing and commercializing therapies to address global unmet medical needs primarily for malignancies, today announced that it has appointed Ms. Marina S. Bozilenko and Dr. Debra Yu as additional independent non-executive directors of the company with… Continue reading Ascentage Pharma Appoints Ms. Marina S. Bozilenko and Dr. Debra Yu as Independent Non-Executive Directors