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INNOVATE Corp. Announces Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Monday, March 4, 2024

NEW YORK, March 04, 2024 (GLOBE NEWSWIRE) -- INNOVATE Corp. (“INNOVATE” or the “Company”) (NYSE: VATE) announced today its consolidated results for the fourth quarter and full year. Financial Summary

Key Points: 
  • “2023 was another successful year for INNOVATE, with a number of exciting developments across the three operating segments,” said Avie Glazer, Chairman of INNOVATE.
  • For the fourth quarter of 2023, Broadcasting reported revenue of $5.7 million, compared to $10.7 million in the prior year quarter.
  • For the fourth quarter of 2023, Broadcasting reported a Net Loss of $5.4 million compared to $2.8 million in the prior year quarter.
  • Revenue: For the fourth quarter of 2023, INNOVATE's consolidated revenue was $361.0 million, a decrease of 11.8%, compared to $409.3 million for the prior year quarter.

The 2024 iHeartRadio Music Awards, Airing Monday, April 1 on FOX Featuring Performances by Justin Timberlake, Green Day, TLC, Jelly Roll, Lainey Wilson, Tate McRae and More Live from Dolby Theatre in Los Angeles

Retrieved on: 
Monday, March 4, 2024

The event will air LIVE from Dolby Theatre in Los Angeles, Monday, April 1 (8:00-10:00 p.m.

Key Points: 
  • The event will air LIVE from Dolby Theatre in Los Angeles, Monday, April 1 (8:00-10:00 p.m.
  • The event also will be heard on iHeartMedia radio stations nationwide and on the iHeartRadio app.
  • Cher will receive the 2024 iHeartRadio Icon Award, honoring her unparalleled contributions to music and pop culture for over seven decades.
  • For breaking news and exclusive iHeartRadio Music Awards content, visit iHeartRadio.com/awards or follow the social buzz on Twitter, Facebook and Instagram.

There Is a New Patented Technology Coming Soon That Could Very Likely Change the Entire Global Cannabis Marketplace: The Vapor Cartridge Technology (VCT)

Retrieved on: 
Monday, March 4, 2024

Consumers predominantly inhale vaporized cannabis extracts, typically by heating dried flower to produce a rich vapor or using vape pens to vaporize oil-filled cartridges.

Key Points: 
  • Consumers predominantly inhale vaporized cannabis extracts, typically by heating dried flower to produce a rich vapor or using vape pens to vaporize oil-filled cartridges.
  • Recreational Use Advantages: "VCT vapor cartridges will enjoy a distinct advantage in the adult recreational market.
  • VCT vapor cartridges will offer a more cost-effective and trusted way for consumers to achieve the physiological effect that they desire."
  • As such, demand will be high for legal wholesale botanical cannabis to be processed into VCT vapor cartridges.

Ai for Alpha Integrates New Generative Artificial Intelligence into Its Investment Process

Retrieved on: 
Thursday, February 15, 2024

Ai for Alpha , a leading fintech company specializing in leveraging machine learning for advanced investment strategies, announces the integration of Gen AI into its asset management models.

Key Points: 
  • Ai for Alpha , a leading fintech company specializing in leveraging machine learning for advanced investment strategies, announces the integration of Gen AI into its asset management models.
  • “We are excited by this innovative approach as it represents a significant advancement in optimizing investment processes through the application of generative AI technologies," says Beatrice Guez, CEO.
  • "Specifically, Generative AI can synthesize and interpret news and investor sentiments from multiple sources and translate them into actionable investment decisions.”
    By utilizing advanced technologies like RAG (Retrieval Augmented Generation), generative AI can analyze a variety of sources, offering an up-to-date perspective on investor sentiment and market trends.
  • Ai For Alpha is a leading provider of AI-powered market signals and investment models to asset managers and large financial institutions in Europe, the Americas, and Asia.

The Recording Academy®’s GRAMMY® House, Presented by Mastercard®, Returns Thurs, Feb. 1 – Sat, Feb. 3, 2024

Retrieved on: 
Wednesday, January 24, 2024

GRAMMY House is presented by Mastercard and runs from Thurs, Feb. 1, 2024, to Sat, Feb. 3, 2024, in Los Angeles.

Key Points: 
  • GRAMMY House is presented by Mastercard and runs from Thurs, Feb. 1, 2024, to Sat, Feb. 3, 2024, in Los Angeles.
  • View the full release here: https://www.businesswire.com/news/home/20240124388149/en/
    “I am so excited for this second installment of GRAMMY House,” said Harvey Mason jr., CEO of the Recording Academy.
  • GRAMMY House concludes with the debut of Academy Proud – the Recording Academy’s new initiative dedicated to uplifting the LGBTQIA+ community.
  • The Recording Academy will honor the 2024 Class of #GRAMMYsNextGen Ambassadors and Advisors with a private Power Brunch to celebrate the year’s successes.

Yutong Bus Reflects on Landmark Year, Cumulative Global Sales of New Energy Buses Exceeded 175,000 Units

Retrieved on: 
Wednesday, January 10, 2024

ZHENGZHOU, China, Jan. 10, 2024 /PRNewswire/ -- Yutong Bus Co., Ltd. ("Yutong", SHA:600066),  a global mainstream bus supplier, proudly reflects on its transformative journey in 2023, a year marked by pioneering achievements and an unwavering commitment to sustainable transportation.

Key Points: 
  • ZHENGZHOU, China, Jan. 10, 2024 /PRNewswire/ -- Yutong Bus Co., Ltd. ("Yutong", SHA:600066),  a global mainstream bus supplier, proudly reflects on its transformative journey in 2023, a year marked by pioneering achievements and an unwavering commitment to sustainable transportation.
  • Yutong is proud to announce that, to date, it has sold a cumulative total of 175,000 new-energy buses.
  • In 2023 alone, it sold 36,518 units, up 20.93% from the previous year.
  • In terms of global expansion, Yutong has achieved notable success, delivering significant orders across diverse markets.

Yutong Bus Reflects on Landmark Year, Cumulative Global Sales of New Energy Buses Exceeded 175,000 Units

Retrieved on: 
Wednesday, January 10, 2024

ZHENGZHOU, China, Jan. 10, 2024 /PRNewswire/ -- Yutong Bus Co., Ltd. ("Yutong", SHA:600066),  a global mainstream bus supplier, proudly reflects on its transformative journey in 2023, a year marked by pioneering achievements and an unwavering commitment to sustainable transportation.

Key Points: 
  • ZHENGZHOU, China, Jan. 10, 2024 /PRNewswire/ -- Yutong Bus Co., Ltd. ("Yutong", SHA:600066),  a global mainstream bus supplier, proudly reflects on its transformative journey in 2023, a year marked by pioneering achievements and an unwavering commitment to sustainable transportation.
  • Yutong is proud to announce that, to date, it has sold a cumulative total of 175,000 new-energy buses.
  • In 2023 alone, it sold 36,518 units, up 20.93% from the previous year.
  • In terms of global expansion, Yutong has achieved notable success, delivering significant orders across diverse markets.

Epson to Bring the Retail Store to Life with Solutions Designed to Optimize and Modernize Businesses at NRF 2024: Retail's Big Show

Retrieved on: 
Wednesday, January 10, 2024

LOS ALAMITOS, Calif., Jan. 10, 2024 /PRNewswire/ -- Epson will be showcasing its wide variety of technology solutions for retail businesses at NRF 2024: Retail's Big Show from Jan. 14-16 in New York City. Demonstrating a range of solutions for retail stores – check-out, labeling, photo, grocery and deli, shipping, and back office – the Epson booth (#4257) will offer visitors the opportunity to order a cup of coffee via its self-service technology at its "Seventy5 Café."

Key Points: 
  • Epson to demonstrate its technology solutions for retail at NRF 2024 from Jan. 14-16 in New York City.
  • Epson's booth at NRF will showcase solutions for every retail environment:
    Mobile check out – Epson Mobilink™ compact receipt printers offer a sleek and rugged design with enhanced connectivity providing high-quality prints on-the-go.
  • Traditional check-out – Epson's broad line of POS products are engineered for reliability and easy integration with solutions to fit virtually any retail need.
  • The SureColor® wide-format printer solutions offer stores a way to print on-demand in-store signage to improve awareness for new products and promotions.

Citi Markets to Donate Over $6.6 Million to Education-Focused Non-Profit Organizations

Retrieved on: 
Monday, January 8, 2024

Citi today announced that it will donate over $6.6 million in support of education-focused non-profit organizations as part of its 2023 e for education campaign.

Key Points: 
  • Citi today announced that it will donate over $6.6 million in support of education-focused non-profit organizations as part of its 2023 e for education campaign.
  • With this donation, the campaign is set to donate over $73 million in aggregate since its inception in 2013, and has helped non-profit organizations support over 2 million young people.
  • Citi Markets donates a percentage of business proceeds traded electronically during an annual eight-week campaign from September to October.
  • Citi works with 13 non-profit partners globally that support the right to education for all children.

Joint Press Release: Metalcraft Acquires UID Label Division of A2B Tracking to Expand Market Presence and Enhance Service Offering

Retrieved on: 
Tuesday, December 19, 2023

Furthermore, this relationship will allow A2B Tracking to increase their focus on their cloud-based Asset Management software solutions.

Key Points: 
  • Furthermore, this relationship will allow A2B Tracking to increase their focus on their cloud-based Asset Management software solutions.
  • As of January 2, 2024, Metalcraft will take over the operations, assets, and responsibilities associated with A2B Tracking’s UID label and plate production.
  • “We are thrilled to add the IUID Label Production Division of A2B Tracking to the Metalcraft family.
  • “The A2B Tracking IUID Label and Plate Division has been an important service that we have offered our customers.