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Masonite International Corporation Reports Third Quarter Results Featuring Margin Resilience and Strong Operating Cash Flow

Retrieved on: 
Tuesday, November 7, 2023

Subsequent to the quarter end, we were pleased to announce the acquisition of Fleetwood, a leading manufacturer of high-end glass doors for luxury homes.

Key Points: 
  • Subsequent to the quarter end, we were pleased to announce the acquisition of Fleetwood, a leading manufacturer of high-end glass doors for luxury homes.
  • SG&A as a percentage of net sales increased 260 basis points to 14% compared to the third quarter of 2022.
  • Adjusted EBITDA* was $107 million in the third quarter of 2023, a decrease of 4% driven primarily by the impact of volume declines.
  • During the third quarter, Masonite repurchased approximately 106,329 shares of stock for $10 million, at an average price of $94.05.

APEC CEO Summit 2023 will Prioritize Creating Economic Opportunity for the People of the Asia-Pacific

Retrieved on: 
Wednesday, November 8, 2023

SAN FRANCISCO, Nov. 8, 2023 /PRNewswire/ -- The APEC CEO Summit 2023 will welcome 1,000+ attendees and feature 30+ speakers including world leaders, global business executives, and thought leaders to discuss challenges and opportunities facing the world today. The Summit, which will take place November 14-16, 2023 at the Moscone Center West in San Francisco, will prioritize Creating Economic Opportunity for the people of the Asia-Pacific region.

Key Points: 
  • "The APEC CEO Summit 2023 will convene business leaders and decision makers to reinforce the value of the private sector in promoting global economic development.
  • The APEC CEO Summit 2023 theme – Creating Economic Opportunity – represents the shared goal of the 21 APEC member economies.
  • In addition to the APEC CEO Summit 2023 program, the APEC CEO Summit 2023 Exhibition will feature new innovations and cutting-edge technology demonstrations from leading global companies, including:
    Wisk Aero will have on-site at the Boeing booth their state-of-the-art electric vertical take-off and landing aircraft.
  • Visit the APEC CEO Summit USA 2023 website for the latest information on the program, confirmed speakers, and updates.

Fashion Events Market to Reach $61.5 billion, Globally, by 2032 at 5.3% CAGR: Allied Market Research

Retrieved on: 
Wednesday, November 8, 2023

PORTLAND, Ore., Nov. 8, 2023 /PRNewswire/ -- Allied Market Research published a report, titled, "Fashion Events Market by Type (Fashion Shows, Trade Shows/Exhibitions, Fashion Contests, and Others), Revenue Source (Ticket Sale, Sponsorship, and Others), and Organizer (Fashion Houses, Fashion Designers, Event Management Companies, and Others): Global Opportunity Analysis and Industry Forecast, 2023–2032". According to the report, the global fashion events market size was valued at $33.6 billion in 2022, and is projected to reach $61.5 billion by 2032, growing at a CAGR of 5.3% from 2023 to 2032.

Key Points: 
  • Brands are able to reach a larger worldwide audience by livestreaming their programs while still holding in-person presentations for a chosen audience.
  • Fashion houses are utilizing virtual fashion shows, augmented reality (AR) experiences, and 360-degree tours to reach a global audience while minimizing the requirement for physical presence at events.
  • The market for fashion events in Europe has been embracing digital platforms, with the prominence of online showrooms, live streaming, and virtual fashion shows rising.
  • E-commerce is integrated into fashion events, enabling visitors to buy the products that are on display immediately, thereby boosting sales and expanding the market.

Fashion Events Market to Reach $61.5 billion, Globally, by 2032 at 5.3% CAGR: Allied Market Research

Retrieved on: 
Wednesday, November 8, 2023

PORTLAND, Ore., Nov. 8, 2023 /PRNewswire/ -- Allied Market Research published a report, titled, "Fashion Events Market by Type (Fashion Shows, Trade Shows/Exhibitions, Fashion Contests, and Others), Revenue Source (Ticket Sale, Sponsorship, and Others), and Organizer (Fashion Houses, Fashion Designers, Event Management Companies, and Others): Global Opportunity Analysis and Industry Forecast, 2023–2032". According to the report, the global fashion events market size was valued at $33.6 billion in 2022, and is projected to reach $61.5 billion by 2032, growing at a CAGR of 5.3% from 2023 to 2032.

Key Points: 
  • Brands are able to reach a larger worldwide audience by livestreaming their programs while still holding in-person presentations for a chosen audience.
  • Fashion houses are utilizing virtual fashion shows, augmented reality (AR) experiences, and 360-degree tours to reach a global audience while minimizing the requirement for physical presence at events.
  • The market for fashion events in Europe has been embracing digital platforms, with the prominence of online showrooms, live streaming, and virtual fashion shows rising.
  • E-commerce is integrated into fashion events, enabling visitors to buy the products that are on display immediately, thereby boosting sales and expanding the market.

WiMi Announced a Deep Transfer Learning-Based Fusion Model for Image Classification

Retrieved on: 
Wednesday, November 8, 2023

In image classification, deep transfer learning can accelerate the model training process and improve classification performance by transferring some or all of the network parameters of an already trained model to a new model.

Key Points: 
  • In image classification, deep transfer learning can accelerate the model training process and improve classification performance by transferring some or all of the network parameters of an already trained model to a new model.
  • A fusion model design is used in WiMi's deep transfer learning-based image classification fusion model, which combines several pre-trained deep learning models and integrates them by transfer learning to improve the accuracy of image classification.
  • Image recognition is an important application of deep learning in the field of computer vision, and the image classification and fusion model based on deep transfer learning researched by WiMi will also be widely used in more industry fields.
  • With the successful application of deep transfer learning on image classification tasks, in the future, WiMi will focus more on exploring and improving the image classification fusion model based on deep transfer learning in terms of cross-domain transfer learning, model interpretability, and small-sample learning, in order to further improve the performance and application scope of image classification tasks.

AutoTrader Canada partners with cutting-edge product visualisation firm London Dynamics to transform the car buying experience for Canadian consumers

Retrieved on: 
Wednesday, November 8, 2023

AutoTrader Pivot leverages London Dynamics' state-of-the-art augmented reality (AR) technology to generate rich and interactive 3D visualizations of vehicles for both OEMs and retailers.

Key Points: 
  • AutoTrader Pivot leverages London Dynamics' state-of-the-art augmented reality (AR) technology to generate rich and interactive 3D visualizations of vehicles for both OEMs and retailers.
  • These multi-dimensional models will allow prospective car buyers to explore vehicles in fine detail, through a complete 3D exterior view and a comprehensive interior showcase.
  • "We are delighted to partner with AutoTrader Canada, the leading national online automotive marketplace, to reshape the future of automotive retail, making online car shopping more immersive, intuitive, and transparent," says Michael Valdsgaard, CEO and Founder of London Dynamics.
  • "We are thrilled to bring London Dynamics' leading technology to the car buying experience, and we're excited for what this means for our industry partners."

Providence St. Joseph Hospital Implants First Dual Chamber Leadless Pacemaker on West Coast

Retrieved on: 
Tuesday, November 7, 2023

ORANGE, Calif., Nov. 7, 2023 /PRNewswire/ -- A heart specialist at Providence St. Joseph Hospital in Orange has successfully implanted a first-of-its-kind wireless pacemaker that has the ability to control both heart chambers using synchronized wireless communication. The revolutionary pacemaker has recently received FDA clearance and consists of two small AAA battery-sized capsules that are inserted directly into the heart during a minimally invasive procedure in which patients can return home the same-day. Approximately three million Americans live with pacemakers, which are commonly used for patients with a low or abnormal heart rhythm.

Key Points: 
  • "This is truly a breakthrough with a technological advancement that's like the difference between dial-up internet and high-speed Wi-Fi," said Brian Kim, MD, the cardiology and electrophysiology specialist with Providence St. Joseph Hospital who performed the procedure.
  • "Providence St. Joseph Hospital and its industry-leading specialists continue to be the forerunners in developing and providing access to the most innovative, cutting-edge cardiovascular therapies, technologies and surgical techniques for our patients," said Brian Helleland, Chief Executive of Providence St. Joseph Hospital.
  • The dual chamber leadless pacing system is made up of two devices – a ventricular leadless pacemaker, which paces the right ventricle (VR), and an atrial leadless pacemaker, which paces the right atrium (AR).
  • Providence St. Joseph Hospital in Orange, California is a nationally recognized, 463-bed, not-for-profit Catholic hospital founded in 1929 by the Sisters of St. Joseph of Orange.

Arvinas Reports Third Quarter 2023 Financial Results and Provides Corporate Update

Retrieved on: 
Tuesday, November 7, 2023

NEW HAVEN, Conn., Nov. 07, 2023 (GLOBE NEWSWIRE) -- Arvinas, Inc. (Nasdaq: ARVN), a clinical-stage biotechnology company creating a new class of drugs based on targeted protein degradation, today reported financial results for the third quarter ended September 30, 2023 and provided a corporate update.

Key Points: 
  • Research and Development Expenses: Research and development expenses were $85.9 million for the quarter ended September 30, 2023, as compared with $77.5 million for the quarter ended September 30, 2022.
  • General and Administrative Expenses: General and administrative expenses were $22.6 million for the quarter ended September 30, 2023, as compared with $20.0 million for the quarter ended September 30, 2022.
  • Revenues: Revenues were $34.6 million for the quarter ended September 30, 2023, as compared with $33.2 million for the quarter ended September 30, 2022.
  • Net Loss: Net loss was $64.0 million for the quarter ended September 30, 2023, as compared with $66.2 million for the quarter ended September 30, 2022.

Solwey Consulting reaches for the stars with NASA app development project

Retrieved on: 
Tuesday, November 7, 2023

AUSTIN, Texas, Nov. 07, 2023 (GLOBE NEWSWIRE) -- Solwey Consulting ​​announced its participation in the development of NASA ’s custom Spot the Station mobile app, part of a collaborative and innovative technological project with Ensemble Consultancy .

Key Points: 
  • AUSTIN, Texas, Nov. 07, 2023 (GLOBE NEWSWIRE) -- Solwey Consulting ​​announced its participation in the development of NASA ’s custom Spot the Station mobile app, part of a collaborative and innovative technological project with Ensemble Consultancy .
  • As a NOIS2 IDIQ vendor, Ensemble hired Solwey to complete the development, testing, and maintenance of Spot the Station mobile app.
  • "Collaborating with the bright minds at NASA on the Spot the Station app has been an incredible experience for our team.
  • For more information about how Solwey Consulting creates custom software solutions to elevate businesses across industries, please visit solwey.com .

Global Online Self-Study Market Outlook Report 2023-2028 Featuring Prominent Vendors - Adobe, Aptara, Blackboard, British Council, Coursera, NIIT, Oracle, Pearson, Skillsoft, & Udemy - ResearchAndMarkets.com

Retrieved on: 
Tuesday, November 7, 2023

Some prominent players in the global online self-study market include Blackboard, British Council, Oracle, Pearson, Aptara, Adobe, Skillsoft, and NIIT.

Key Points: 
  • Some prominent players in the global online self-study market include Blackboard, British Council, Oracle, Pearson, Aptara, Adobe, Skillsoft, and NIIT.
  • As of 2022, North America led the global online self-study market, accounting for over 46% of the market share.
  • The increasing integration of artificial intelligence (AI) and machine learning (ML) in the online self-study market is a transformative trend.
  • Furthermore, the rollout of 5G technology is a significant driver of growth in the global online self-study market.