CVG

CVG Announces First Quarter 2024 Earnings Call

Retrieved on: 
Tuesday, April 23, 2024

NEW ALBANY, Ohio, April 23, 2024 (GLOBE NEWSWIRE) -- Commercial Vehicle Group (the “Company” or “CVG”) (NASDAQ: CVGI) will hold its quarterly conference call on Tuesday, May 7, 2024, at 10:00 a.m.

Key Points: 
  • NEW ALBANY, Ohio, April 23, 2024 (GLOBE NEWSWIRE) -- Commercial Vehicle Group (the “Company” or “CVG”) (NASDAQ: CVGI) will hold its quarterly conference call on Tuesday, May 7, 2024, at 10:00 a.m.
  • ET, to discuss first quarter 2024 financial results.
  • CVG will issue a press release and presentation prior to the conference call.
  • Toll-free participants dial (800) 549-8228 using conference code 16332. International participants dial (646) 564-2877 using conference code 16332.

TEAMSTERS LOCAL 705 MEMBERS WIN RACIAL DISCRIMINATION LAWSUIT AGAINST DHL EXPRESS

Retrieved on: 
Wednesday, April 24, 2024

CHICAGO, April 24, 2024 /PRNewswire/ -- Members of Teamsters Local 705 have won a $8.7 million racial discrimination lawsuit against DHL Express.

Key Points: 
  • CHICAGO, April 24, 2024 /PRNewswire/ -- Members of Teamsters Local 705 have won a $8.7 million racial discrimination lawsuit against DHL Express.
  • Since at least 2005, DHL has violated Title VII of the 1964 Civil Rights Act by determining Local 705 members' job assignments by race.
  • "The outcome of this lawsuit was more than a decade in the making, but our members stayed the course and fought for their rights," said Juan Campos, Secretary-Treasurer of Local 705 and Teamsters International Vice President At-Large.
  • "The mistreatment of Chicago Teamsters lays bare DHL's indifference to human rights and basic laws in the U.S.," said Bill Hamilton, Director of the Teamsters Express Division and Teamsters Eastern Region International Vice President.

Creative Realities Partners with Departure Media Airport Advertising to Enhance Traveler Experience at Cincinnati/Northern Kentucky International Airport (CVG)

Retrieved on: 
Wednesday, March 13, 2024

With a focus on enhancing the traveler experience through innovative technology-driven advertising solutions, Departure Media operates in 14 airports nationwide, including CVG and, most recently, Kansas City International Airport.

Key Points: 
  • With a focus on enhancing the traveler experience through innovative technology-driven advertising solutions, Departure Media operates in 14 airports nationwide, including CVG and, most recently, Kansas City International Airport.
  • Departure Media has been a valued partner of Creative Realities for the past eight years.
  • "We're excited to continue providing digital signage solutions in our successful partnership with Departure Media,” said Rick Mills, CEO of Creative Realities.
  • By leveraging the latest in digital signage technology and creative media placement solutions, the two companies are setting a new standard for airport advertising.

CVG Announces Participation in the Sidoti Virtual Small-Cap Investor Conference

Retrieved on: 
Monday, March 11, 2024

NEW ALBANY, Ohio, March 11, 2024 (GLOBE NEWSWIRE) -- CVG (NASDAQ: CVGI) announced today that James Ray, President and Chief Executive Officer, and Andy Cheung, Executive Vice President and Chief Financial Officer, will present virtually at the Sidoti Small-Cap Virtual Conference on March 14, 2024, at 9:15 a.m.

Key Points: 
  • NEW ALBANY, Ohio, March 11, 2024 (GLOBE NEWSWIRE) -- CVG (NASDAQ: CVGI) announced today that James Ray, President and Chief Executive Officer, and Andy Cheung, Executive Vice President and Chief Financial Officer, will present virtually at the Sidoti Small-Cap Virtual Conference on March 14, 2024, at 9:15 a.m.
  • ET.
  • A link to the webcast and associated presentation materials can be accessed through the investor section of the Company’s website at cvgrp.com .
  • Management will also meet virtually with investors registered for the conference.

CVG Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Monday, March 4, 2024

NEW ALBANY, Ohio, March 04, 2024 (GLOBE NEWSWIRE) -- CVG (NASDAQ: CVGI), a diversified industrial products and services company, today announced financial results for its fourth quarter and full year ended December 31, 2023.

Key Points: 
  • Fourth quarter sales of $223 million, record annual sales of $995 million
    NEW ALBANY, Ohio, March 04, 2024 (GLOBE NEWSWIRE) -- CVG (NASDAQ: CVGI), a diversified industrial products and services company, today announced financial results for its fourth quarter and full year ended December 31, 2023.
  • Operating income of $5.0 million, up $9.0 million; adjusted operating income of $6.6 million, down $1.8 million.
  • Operating income of $48.1 million, up $27.9 million, and adjusted operating income of $51.1 million, up $14.5 million.
  • Full-year 2023 debt paydown was $10.9 million, and net debt declined to $103.7 million; leverage ratio declined to 1.5x from 2.2x.

Clairvest Announces New Normal Course Issuer Bid

Retrieved on: 
Monday, March 4, 2024

TORONTO, March 04, 2024 (GLOBE NEWSWIRE) -- Clairvest Group Inc. (TSX: CVG) today announced that the Toronto Stock Exchange has accepted a notice filed by Clairvest of its intention to make a new normal course issuer bid (“NCIB”).

Key Points: 
  • TORONTO, March 04, 2024 (GLOBE NEWSWIRE) -- Clairvest Group Inc. (TSX: CVG) today announced that the Toronto Stock Exchange has accepted a notice filed by Clairvest of its intention to make a new normal course issuer bid (“NCIB”).
  • The average daily trading volume for the six months ending February 29, 2024 was 344 common shares.
  • In total 3,669,832 common shares at a cost of approximately $50 million have been purchased under previous normal course issuer bids.
  • Outside of these black-out periods, common shares will be purchasable by Clairvest at its discretion under its NCIB, once effective.

CVG Announces Fourth Quarter and Full Year 2023 Earnings Call

Retrieved on: 
Friday, February 23, 2024

ET, to discuss fourth quarter and full year 2023 financial results.

Key Points: 
  • ET, to discuss fourth quarter and full year 2023 financial results.
  • CVG will issue a press release and presentation prior to the conference call.
  • Toll-free participants dial (888) 259-6580 using conference code 88986985. International participants dial (416) 764-8624 using conference code 88986985.
  • To access the replay, toll-free callers can dial (877) 674-7070 using access code 986985.

Finalists Named in IDC Government Insights' Seventh Annual Smart Cities North America Awards

Retrieved on: 
Monday, February 26, 2024

IDC Government Insights named finalists this week in the seventh annual Smart Cities North America Awards (SCNAA).

Key Points: 
  • IDC Government Insights named finalists this week in the seventh annual Smart Cities North America Awards (SCNAA).
  • The awards were designed to recognize the progress North American municipalities have made in executing Smart Cities projects, as well as provide a forum for sharing best practices to help accelerate Smart City development in the region.
  • As the next step in the nomination process, IDC invites the public to vote on the named finalists at https://www.surveymonkey.com/r/SCNAA24 .
  • Winners will be announced March 27th and honored at Smart Cities Connect being held May 7-10 in Raleigh, NC.

Clairvest Reports Fiscal 2024 Third Quarter Results

Retrieved on: 
Tuesday, February 13, 2024

TORONTO, Feb. 13, 2024 (GLOBE NEWSWIRE) -- Clairvest Group Inc. (TSX: CVG) today reported results for the fiscal 2024 third quarter and nine months ended December 31, 2023.

Key Points: 
  • TORONTO, Feb. 13, 2024 (GLOBE NEWSWIRE) -- Clairvest Group Inc. (TSX: CVG) today reported results for the fiscal 2024 third quarter and nine months ended December 31, 2023.
  • For the quarter ended December 31, 2023, Clairvest recorded a net loss of $5.0 million, or $0.34 per share, which was primarily driven by a net decrease in the valuation of Clairvest’s private equity investment portfolio.
  • For the nine months ended December 31, 2023, Clairvest recorded a net loss of $29.5 million, or $1.97 per share.
  • Clairvest liquidity remains very strong and we are excited to be investing capital at this time,” said Ken Rotman, CEO & Managing Director of Clairvest.

Fast Food for a Quick Layover: Upgraded Points Releases Ranking of the Best U.S. Airports for Fast Food Chains

Retrieved on: 
Tuesday, February 6, 2024

AUSTIN, Texas, Feb. 6, 2024 /PRNewswire/ -- Upgraded Points announced its newest study with a comprehensive ranking of major airports based on airport fast food options, providing valuable insights into where travelers can find a swift meal before takeoff or between flights.

Key Points: 
  • "Quick-service restaurants are a travel essential, offering a sense of familiarity no matter where you go," said Keri Stooksbury, editor-in-chief at Upgraded Points.
  • "Whether it's a McDonald's Big Mac or a Chick-fil-A sandwich, these foods are easy to grab in a pinch."
  • Upgraded Points analyzed the fast food landscape across the 60 busiest airports in the U.S., as defined by total passenger volume.
  • Ontario International Airport (ONT): At ONT, fast food stands up to its name with just 7,800 passengers per chain – 69% below the average.