Original equipment manufacturer

US Payments Forum Resource Explores Convergence of Connected Car and Contextual Payments

Retrieved on: 
Thursday, May 2, 2024
Ecosystem, McKinsey & Company, Connected car, Research, Original equipment manufacturer, Organization, Government, Knowledge, Mobile phone

REDWOOD CITY, Calif., May 02, 2024 (GLOBE NEWSWIRE) -- The U.S. Payments Forum today launches a new white paper delving into the synergy between connected cars and contextual payments.

Key Points: 
  • REDWOOD CITY, Calif., May 02, 2024 (GLOBE NEWSWIRE) -- The U.S. Payments Forum today launches a new white paper delving into the synergy between connected cars and contextual payments.
  • By 2030, about 95 percent of new vehicles sold globally will be connected, according to McKinsey research.
  • “ Connected Car and Contextual Payments ,” is a resource developed in tandem with the market’s growth to educate merchants, original equipment manufacturers (OEMs) and additional relevant parties.
  • By joining the Secure Technology Alliance, members will have access to activities within the U.S. Payments Forum and additional Alliance-affiliated organizations.

SupplyCore Inc. Awarded Joint Light Tactical Vehicle Competitive Initiative (JLTVCI) Contract by Defense Logistics Agency

Retrieved on: 
Thursday, May 2, 2024
Army, Small business, NSN, Joint Light Tactical Vehicle, Communication, CSI, Navy, Original equipment manufacturer, Foreign Military Sales, JLTV, FMS, IDIQ, DLA, MRO, Foreign, Metal, Aviation, Government, Defense

Rockford, IL, May 02, 2024 (GLOBE NEWSWIRE) -- SupplyCore, a supply chain integrator and small business federal defense contractor, has been awarded a 3-year contract for the Joint Light Tactical Vehicle Competitive Initiative (JLTVCI) for the U.S. Army, Navy, and Marine Corps.

Key Points: 
  • Rockford, IL, May 02, 2024 (GLOBE NEWSWIRE) -- SupplyCore, a supply chain integrator and small business federal defense contractor, has been awarded a 3-year contract for the Joint Light Tactical Vehicle Competitive Initiative (JLTVCI) for the U.S. Army, Navy, and Marine Corps.
  • This contract, awarded by the Defense Logistics Agency (DLA) Land and Maritime, Columbus, Ohio, is part of an open season period to increase the number of JLTVCI Prime Vendors and will coincide with the original contract.
  • With vast experience in Government & Defense contracting and a deep knowledge of customers’ needs, SupplyCore is a leading supply chain Prime Vendor.
  • For 36 years, the company has helped the Department of Defense remain mission-ready both domestically and abroad.

INVZ INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Innoviz Technologies Ltd. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit!

Retrieved on: 
Friday, April 26, 2024
Aptiv, News, FY, Complaint, Original equipment manufacturer, Volkswagen, Court, BMW, Perception, Person, Cryptocurrency

Innoviz designs and manufactures solid-state light detection and ranging, or “LiDAR”, sensors and develops perception software that purportedly enables the mass production of autonomous vehicles.

Key Points: 
  • Innoviz designs and manufactures solid-state light detection and ranging, or “LiDAR”, sensors and develops perception software that purportedly enables the mass production of autonomous vehicles.
  • or his Law Clerk and Client Relations Manager, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC at 332-239-2660.
  • If you suffered a loss in Innoviz you have until May 14, 2024, to request that the Court appoint you as lead plaintiff.
  • Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits.

Element Announces Collaboration with BYD

Retrieved on: 
Thursday, April 25, 2024
EFN, TSX, Partnership, Carbon, Original equipment manufacturer, NEV, Knowledge, Element, BYD, Renewable energy

TORONTO, April 25, 2024 (GLOBE NEWSWIRE) -- Element Fleet Management Corp. (TSX:EFN) (“Element” or the “Company”), the largest publicly traded, pure-play automotive fleet manager in the world, today announced it has commenced operations in its newest global location in Singapore. This expansion marks a significant milestone in Element’s ongoing strategic initiative to enhance its global procurement capabilities and strategic sourcing relationships in Asia. In line with this expansion, Element is also pleased to announce it has entered into a collaboration agreement with BYD, the world’s leading new energy vehicle (NEV) manufacturer and power battery supplier.

Key Points: 
  • In line with this expansion, Element is also pleased to announce it has entered into a collaboration agreement with BYD, the world’s leading new energy vehicle (NEV) manufacturer and power battery supplier.
  • Element’s newly formed relationship with BYD reinforces a shared commitment to advancing sustainable, zero-emission solutions in the fleet management industry.
  • “Establishing our presence in Singapore and partnering with a global leader like BYD underscores our commitment to innovation and sustainability in fleet management in Asia and across the world,” said Laura Dottori-Attanasio, President and Chief Executive Officer at Element.
  • “Our collaboration agreement is more than just a business partnership; it's a commitment to drive change and lead the way towards a more sustainable future."

SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Innoviz Technologies Ltd. of Class Action Lawsuit and Upcoming Deadlines – INVZ

Retrieved on: 
Wednesday, April 24, 2024
Action Replay, Person, Prior, Aptiv, News, FY, Complaint, Pomerantz, Original equipment manufacturer, District court, Volkswagen, Court, Ext, BMW, Perception, GAAP, Mail

NEW YORK, April 24, 2024 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Innoviz Technologies Ltd. (“Innoviz” or the “Company”) (NASDAQ: INVZ) and certain officers.

Key Points: 
  • NEW YORK, April 24, 2024 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Innoviz Technologies Ltd. (“Innoviz” or the “Company”) (NASDAQ: INVZ) and certain officers.
  • To discuss this action, contact Danielle Peyton at [email protected] or 646-581-9980 (or 888.4-POMLAW), toll-free, Ext.
  • Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.
  • Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions.

Watsco Reports Record First Quarter Sales, Record Cash Flow and Improving Business Trends Ahead of Summer Selling Season

Retrieved on: 
Wednesday, April 24, 2024
WSO, Sale, Lead, PIM, Google Chrome App, Common, Investment, Stock, GMV, OEM, Carbon, History, ATM, Information management, Original equipment manufacturer, Climate, Product information management, Family, Database, HVAC, GAAP, Growth, Calendar, Video game

MIAMI, April 24, 2024 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE: WSO) announced its operating results for the first quarter ended March 31, 2024 and provided commentary on business trends, growth opportunities, technology innovation and its financial position.

Key Points: 
  • The Company believes its financial strength, access to low-cost capital and 50-year dividend history provide comfort and confidence to the Company’s stakeholders.
  • Watsco continues to lead and innovate through customer-focused technologies designed to transform the customer experience and reshape how our industry operates.
  • Watsco has also invested in numerous internal technology platforms with the goal of further enhancing margins and improving operating efficiencies.
  • During the first quarter, sales of heat pumps HVAC systems continued to outpace growth rates for conventional straight-cool HVAC systems.

Vicor Corporation Reports Results for the First Quarter Ended March 31, 2024

Retrieved on: 
Tuesday, April 23, 2024
ChucK, PIN, Risk, Intellectual property, Annual report, Software, Security (finance), VICR, Transport, Capital expenditure, Original equipment manufacturer, Result, Automation, 8-K, Vicor Corporation, Analysis, Electronics, Telecommunications, Growth, Video game

ANDOVER, Mass., April 23, 2024 (GLOBE NEWSWIRE) -- Vicor Corporation (NASDAQ: VICR) today reported financial results for the first quarter ended March 31, 2024.

Key Points: 
  • ANDOVER, Mass., April 23, 2024 (GLOBE NEWSWIRE) -- Vicor Corporation (NASDAQ: VICR) today reported financial results for the first quarter ended March 31, 2024.
  • Gross margin decreased to $45.1 million for the first quarter of 2024, compared to $46.5 million for the corresponding period a year ago, and decreased sequentially from $47.3 million for the fourth quarter of 2023.
  • Vicor will be holding its investor conference call today, Tuesday, April 23, 2024 at 5:00 p.m. Eastern Time.
  • Vicor Corporation designs, develops, manufactures, and markets modular power components and complete power systems based upon a portfolio of patented technologies.

Quanex Building Products to Acquire Tyman, Creating a Comprehensive Solutions Provider in the Building Products Industry

Retrieved on: 
Monday, April 22, 2024
GBP, Component, LLP, Acquisition, International, London Stock Exchange, Consideration, UBS, Addition, FY, The Takeover Code, Conference, Foley & Lardner, Original equipment manufacturer, Engineering, BST, Travers Smith, Bank, Cap (sport), Monotonic function, EPS, Logic, NX, Toronto-Dominion Bank, Calendar, Wells Fargo

HOUSTON, April 22, 2024 (GLOBE NEWSWIRE) -- Quanex Building Products Corporation (NYSE:NX) (“Quanex” or the “Company”) today announced it has reached agreement with Tyman plc (LSE:TYMN) (“Tyman”) on the terms of a recommended cash and share offer (“the Acquisition”), under which Quanex will acquire the entire issued and to be issued share capital of Tyman for approximately $1.1 billion1 in enterprise value.

Key Points: 
  • Quanex’s Acquisition of Tyman creates a comprehensive solutions provider in the building products industry, which on a pro forma basis generated approximately $2 billion of revenue in the fiscal year ended October 31, 20232.
  • “With significantly enhanced scale, we are looking forward to fully optimizing our portfolio of products and assets to position Quanex as a comprehensive solutions provider for our customers.
  • 2 Based on FY 2023A financial figures using October 31, 2023 year end for Quanex and December 31, 2023 year end for Tyman.
  • These brands offer product solutions in the window and door hardware, commercial access solutions and seals and extrusions verticals.

INVZ INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Innoviz Technologies Ltd. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit!

Retrieved on: 
Friday, April 19, 2024
Aptiv, News, FY, Complaint, Original equipment manufacturer, Volkswagen, Court, BMW, Perception, Person, Cryptocurrency

Innoviz designs and manufactures solid-state light detection and ranging, or “LiDAR”, sensors and develops perception software that purportedly enables the mass production of autonomous vehicles.

Key Points: 
  • Innoviz designs and manufactures solid-state light detection and ranging, or “LiDAR”, sensors and develops perception software that purportedly enables the mass production of autonomous vehicles.
  • or his Law Clerk and Client Relations Manager, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC at 332-239-2660.
  • If you suffered a loss in Innoviz you have until May 14, 2024, to request that the Court appoint you as lead plaintiff.
  • Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits.

SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Innoviz Technologies Ltd. of Class Action Lawsuit and Upcoming Deadlines – INVZ

Retrieved on: 
Tuesday, April 16, 2024
Action Replay, Person, Prior, Aptiv, News, FY, Complaint, Pomerantz, Original equipment manufacturer, District court, Volkswagen, Court, Ext, BMW, Perception, GAAP, Mail

NEW YORK, April 16, 2024 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Innoviz Technologies Ltd. (“Innoviz” or the “Company”) (NASDAQ: INVZ) and certain officers.

Key Points: 
  • NEW YORK, April 16, 2024 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Innoviz Technologies Ltd. (“Innoviz” or the “Company”) (NASDAQ: INVZ) and certain officers.
  • To discuss this action, contact Danielle Peyton at [email protected] or 646-581-9980 (or 888.4-POMLAW), toll-free, Ext.
  • Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.
  • Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions.