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According to BHEL, the equipment for the project will be manufactured at its Trichy, Haridwar, Hyderabad, Jhansi, Bengaluru, Ranipet, Bhopal, Rudrapur and Varanasi plants. | BHEL will manufacture equipment for the project at its plants in Trichy, Haridwar, Hyderabad, Jhansi, Bengaluru, Ranipet, Bhopal, Rudrapur, and Varanasi. |
Manappuram Finance's stock plummeted 7.5 on the National Stock Exchange NSE and 4.47 on the Bombay Stock Exchange BSE , hitting a daily low of Rs 163.4.The IPO delay represents a setback for Manappuram Finance, which had increased its stake in Asirvad Micro Finance in June 2022, securing a majority holding as part of its broader diversification strategy. | Manappuram Finance's stock fell 7.5% on NSE and 4.47% on BSE due to the delay in its IPO, which is a setback for its diversification strategy involving a majority stake in Asirvad Micro Finance. |
Global growth is showing continued weakness and China remains a question mark Will the People s Bank of | Global growth remains weak, with China's economic outlook uncertain. |
This article is based on a press release statement from Electrolux Group. Including non-recurring items, the operating loss for Electrolux Group is expected to reach approximately SEK -3.2 billion. Electrolux attributed the North American losses primarily to increased price competition and subdued demand during key sales periods, including Black Friday. Electrolux has been executing a Group-wide cost reduction and North American turnaround program, which has progressed well in the quarter. STOCKHOLM - Electrolux Group, a leading global appliance company, disclosed its preliminary financial results for the fourth quarter of 2023, revealing an estimated operating loss of approximately SEK -0.7 billion, excluding non-recurring items. | Electrolux Group reported an estimated operating loss of SEK -0.7 billion for Q4 2023, excluding non-recurring items, due to increased price competition and subdued demand in North America, particularly during Black Friday. |
Minister Patil engaged in discussions with Sony, HP, Nestle NS NEST , Honeywell, Lulu group, Inox Group, Takeda Pharma, Coinbase NASDAQ COIN , Tillman Global, BL Agro, and many others. | Minister Patil held discussions with various companies, including Sony, HP, Nestle, Honeywell, and Coinbase, to explore investment opportunities in India. |
The unit is proposed in Khammam district in collaboration with Malaysian company Sime Darby. | A unit is proposed in Khammam district in collaboration with Malaysian company Sime Darby. |
Infosys posted a net profit of Rs 6,106 crore for the third quarter ended December, showing a drop of 7.3 per cent from the same period last year. | Infosys reported a 7.3% decline in net profit to Rs 6,106 crore for Q3 FY23 compared to the same period last year. |
The Chennai data centre will involve an outlay of Rs.2,000 crore, Gauri Shankar Nagabhushanam, Chief Executive Officer, Business Parks-India, CapitaLand Investment India said. Chennai, Jan 9 IANS Building two more data centres, developing logistics and warehouse facilities, expanding renewable energy generation and getting into lending business for residential property developers are the major plans for the Singapore-headquartered real estate group CapitaLand, said senior officials. CapitaLand has acquired necessary land in National Capital Region NCR , Kolkata, Chennai, Bengaluru, Pune and Mumbai. The merger of HDFC and HDFC Bank NS HDBK is expected to result in reduction in lending quantum for the residential real estate developers and it is an opportunity for CapitaLand, said Sanjeev Dasgupta, CEO, CapitaLand Investment India. CapitaLand will be adding two more data centres one each in Chennai and Bengaluru while two data centres in Mumbai 90MW and Hyderabad 40MW are in advanced construction stages. With a 230 MW data centre under development, the CapitaLand group is also evaluating suitable land parcels in Delhi for a data centre. | CapitaLand plans to invest Rs.2,000 crore in a Chennai data center, adding to its existing data centers in Mumbai and Hyderabad. The company is also expanding into logistics, warehousing, renewable energy, and residential property lending. |
This will be followed by a conference call hosted by senior management on March 22, 2024, to provide an update on production guidance for 2024.John Kanellitsas, Executive Chair, President, and interim CEO, expressed satisfaction with the project's progress and the team's experience in transitioning from construction to operations. | On March 22, 2024, senior management will host a conference call to discuss 2024 production guidance. John Kanellitsas, Executive Chair, President, and interim CEO, praised the project's progress and the team's expertise in transitioning from construction to operations. |
PROVIDENCE, R.I. - Citizens Financial Group, Inc. NYSE NYSE CFG announced its financial results for the fourth quarter and the full year of 2023, demonstrating robust performance. | Citizens Financial Group reported strong financial results for Q4 and 2023, with robust performance across key metrics. |
Meanwhile, HMD is set to place more emphasis on promoting its own branded smartphones. In preparation for this transition, HMD Global has been actively informing its customers of the upcoming changes through communications such as the MyApp newsletter. This move comes as part of a broader strategic rebranding initiative by HMD Global, which has been managing the Nokia brand for mobile devices since 2016. Starting February 1st, consumers looking to purchase Nokia phones will need to visit hmd.com, as the 'Phone' section on the Nokia official site is set to be removed and its content transferred to HMD Global's platform. HMD Global has also updated its social media presence to reflect this new direction, changing its Twitter handle from nokiamobile to HMDglobal. HMD Global's new website, hmd.com, will not only feature classic Nokia devices but will also showcase products from new partnerships and original HMD-branded products. HELSINKI - In a significant shift for the mobile device market, HMD Global, the home of Nokia HE NOKIA phones, has announced a new strategy that will consolidate the sales of Nokia-branded mobile devices exclusively on its own website. | HMD Global, the company behind Nokia phones, is consolidating sales of Nokia-branded mobile devices exclusively on its own website, hmd.com, effective February 1st. This move is part of a broader strategic rebranding initiative by HMD Global, which has been managing the Nokia brand for mobile devices since 2016. |
Oil prices retreated Wednesday following the disappointing growth data from China, the world's second-largest crude user, raising concerns about future demand increases. Also weighing on sentiment Wednesday was disappointing growth data from China, the second biggest economy in the world and a major regional growth driver. | Oil prices fell on Wednesday due to weak growth data from China, the world's second-largest crude user, raising concerns about future demand. |
Thorsten Dreier, Chief Technology Officer at Covestro, emphasized the importance of sourcing raw materials from used plastics as a decisive step toward a circular economy. PITTSBURGH - In a significant move towards sustainability, Covestro, a leading polymer manufacturer, has entered into a long-term agreement with Encina Development Group to procure chemically recycled raw materials. The move aligns with Covestro's goal to become fully circular and climate-neutral by 2035, addressing Scope 3 emissions in the process. David Roesser, CEO of Encina, echoed this sentiment, expressing pride in the partnership with Covestro and the shared vision of a waste-free future. Covestro's approach to circularity includes the use of alternative raw materials and renewable energy, alongside innovative recycling. | Covestro, a polymer manufacturer, has partnered with Encina Development Group to procure chemically recycled raw materials, aiming to become fully circular and climate-neutral by 2035. This move aligns with Covestro's goal of reducing Scope 3 emissions. |
JUJUY, Argentina - Lithium Americas NYSE LAC TSX LAAC NYSE LAAC , also known as Lithium Argentina, has announced that its Cauchar -Olaroz lithium brine operation in Jujuy, Argentina, has surpassed its 2023 production guidance. First lithium carbonate production at Cauchar -Olaroz commenced in June 2023, and since then, the project has maintained consistent output. | Lithium Americas' Cauchar-Olaroz lithium brine operation in Jujuy, Argentina, has exceeded its 2023 production target, with consistent output since commencing production in June 2023. |
We are also focussing on areas such as semiconductor, electric automotive, space and defense, clean energy, research and development and artificial intelligence, the minister said. | The government is prioritizing investments in key sectors like semiconductors, electric vehicles, and clean energy to drive economic growth and innovation. |
The new listings included ADNOC Gas, Presight AI, Al Ansari Financial Services, ADNOC Logistics, Dubai Taxi, Investcorp Capital, Phoenix Group, and PureHealth. The market value of Borouge amounted to more than AED 74.5 billion Emaar Properties AED 68.1 billion Abu Dhabi Commercial Bank AED 64.6 billion PureHealth Holdings AED 62 billion ADNOC Drilling AED60 billion ADNOC Distribution AED 45.7 billion Dubai Islamic Bank AED41.7 billion and Aldar Properties AED 41.6 billion. | The market value of Borouge is AED 74.5 billion, making it the most valuable company in the new listings, followed by Emaar Properties (AED 68.1 billion) and Abu Dhabi Commercial Bank (AED 64.6 billion). |
It has also completed the USFDA's surveillance inspection at Jeedimetla Hyderabad unit. The pharmaceutical company has completed the US Food and Drug Administration s USFDA Pre-Approval Inspection PAI and GMP audit for their facility Unit IV at Visakhapatnam in Andhra Pradesh. | The pharmaceutical company has completed the USFDA's surveillance inspection at Jeedimetla Hyderabad unit and Pre-Approval Inspection and GMP audit for their facility Unit IV at Visakhapatnam in Andhra Pradesh. |
The solution supports a variety of contactless payment methods, such as payment cards and mobile wallets like Apple NASDAQ AAPL Pay, Google NASDAQ GOOGL Pay, and Samsung KS 005930 Pay. | The solution supports various contactless payment methods, including payment cards and mobile wallets like Apple Pay, Google Pay, and Samsung Pay. |
Conversely, areas such as insurance, telecom, media & entertainment, consumer services, and household products have shown relative weakness, providing insights into the varied dynamics across different sectors in the current market landscape. | Insurance, telecom, media & entertainment, consumer services, and household products sectors have shown relative weakness, indicating varied dynamics across sectors in the current market landscape. |
Elliott Etheredge, CEO of PUDO, shared similar sentiments, noting a significant 20 increase in efficiency since the collaboration began. | PUDO CEO Elliott Etheredge reported a 20% efficiency increase due to their collaboration. |
During the meeting, representatives said Haryana has been a mother state for Japanese companies. During the meeting, a consensus was reached between Japan and the Haryana Government on formulating a hydrogen policy in the direction of clean-green energy. He assured full support to the NRIs and said there was immense potential for investment in Haryana. During the meeting, the delegation said Microsoft would collaborate with the Haryana Government in the field of Artificial Intelligence. Maruti Suzuki NS MRTI expressed a desire to adopt the plug-and-play policy and give more emphasis to electric vehicles under the Haryana Government s e-vehicle policy. Gandhinagar, Jan 11 IANS Haryana Chief Minister Manohar Lal Khattar on Thursday held one-on-one discussions with representatives of about 10 major companies from Japan and the US, inviting them to invest in the state. During the meeting with the Japanese delegation at the 10th Vibrant Gujarat Global Summit -- 2024, the Haryana Chief Minister welcomed them in the Japanese language, which pleased them. He said Haryana has a robust business environment, and the government has formulated the Haryana Enterprise and Employment Policy -- 2020, providing incentives to investors. In 1980, Maruti Suzuki established its first unit in Gurugram and since then, several Japanese companies have come to Haryana. | Haryana CM Manohar Lal Khattar invited representatives from 10 major Japanese and US companies to invest in Haryana, highlighting the state's business-friendly environment and incentives for investors. |
The information in this article is based on a press release statement from Qilian International Holding Group Limited. Qilian International specializes in the production and marketing of a range of products including licorice and oxytetracycline products, traditional Chinese medicine derivatives, heparin products, sausage casings, and fertilizers. JIUQUAN, China - Qilian International Holding Group Limited NASDAQ QLI , a pharmaceutical and chemical products manufacturer based in China, has been granted an additional 180 days to meet the Nasdaq's minimum bid price requirement. | Qilian International Holding Group Limited (QLI) has been granted an additional 180 days to meet Nasdaq's minimum bid price requirement. |
The company's promoter Creditaccess India BV may sell up to 5.8 per cent stake worth Rs 1,107 crore in the company via block deal today, reported CNBC TV-18.The firm's promoters & shareholders will likely sell 24.2 per cent stake worth Rs 800 crore in the company via another block deal, as per CNBC TV-18. | Creditaccess India BV, the promoter of the company, may sell up to 5.8% stake worth Rs 1,107 crore via block deal today. The firm's promoters and shareholders will likely sell 24.2% stake worth Rs 800 crore in the company via another block deal. |
Taiwan Semiconductor Manufacturing Co. TSMC , the world's largest contract chipmaker, reported a fourth-quarter revenue of T$625.5 billion $20.10 billion .For December alone, TSMC reported a year-on-year revenue decline of 8.4 to T$176.3 billion, down 14.4 from the previous month. We continue to have a more optimistic outlook for 2024 around servers, PCs, and handsets TSMC's most significant end markets . also favoring TSMC and with little threat to TSMC's dominance in leading nodes through 2024 into 2025, we see no reason to deviate from our positive stance on the name. Taiwan Semiconductor Manufacturing Co. TSMC , the world's largest contract chipmaker, reported a fourth-quarter revenue of T$625.5 billion $20.10 billion . The Q4 revenue also surpassed TSMC's previous forecast of $18.8-19.6 billion.For December alone, TSMC reported a year-on-year revenue decline of 8.4 to T$176.3 billion, down 14.4 from the previous month. We continue to have a more optimistic outlook for 2024 around servers, PCs, and handsets TSMC's most significant end markets . also favoring TSMC and with little threat to TSMC's dominance in leading nodes through 2024 into 2025, we see no reason to deviate from our positive stance on the name. Taiwan Semiconductor Manufacturing Co. TSMC , the world's largest contract chipmaker, reported a fourth-quarter revenue of T$625.5 billion $20.10 billion . The Q4 revenue also surpassed TSMC's previous forecast of $18.8-19.6 billion.For December alone, TSMC reported a year-on-year revenue decline of 8.4 to T$176.3 billion, down 14.4 from the previous month. We continue to have a more optimistic outlook for 2024 around servers, PCs, and handsets TSMC's most significant end markets . also favoring TSMC and with little threat to TSMC's dominance in leading nodes through 2024 into 2025, we see no reason to deviate from our positive stance on the name. Taiwan Semiconductor Manufacturing Co. TSMC , the world's largest contract chipmaker, reported a fourth-quarter revenue of T$625.5 billion $20.10 billion . The Q4 revenue also surpassed TSMC's previous forecast of $18.8-19.6 billion.For December alone, TSMC reported a year-on-year revenue decline of 8.4 to T$176.3 billion, down 14.4 from the previous month. We continue to have a more optimistic outlook for 2024 around servers, PCs, and handsets TSMC's most significant end markets . also favoring TSMC and with little threat to TSMC's dominance in leading nodes through 2024 into 2025, we see no reason to deviate from our positive stance on the name. Taiwan Semiconductor Manufacturing Co. TSMC , the world's largest contract chipmaker, reported a fourth-quarter revenue of T$625.5 billion $20.10 billion . The Q4 revenue also surpassed TSMC's previous forecast of $18.8-19.6 billion. | TSMC, the world's largest contract chipmaker, reported a fourth-quarter revenue of $20.10 billion, surpassing its previous forecast. Despite a year-on-year revenue decline of 8.4% in December, TSMC remains optimistic about 2024 due to strong demand in servers, PCs, and handsets. |
Anant Raj, Anupam Rasayan India, Aptus Value Housing Finance India, Adani Total Gas, Bikaji Foods International, Cholamandalam Investment and Finance, Dalmia Bharat Sugar and Industries, Deep Industries, Elantas Beck India, Escorts Kubota, Gujarat Mineral Development Corp, Godrej Agrovet, Harsha Engineers International, Kirloskar Brothers, K.P.R. Mill, Maharashtra Seamless, Metro Brands, MPS, Orient Cement, Paushak, PVR Inox, Redington, Sansera Engineering, Syrma SGS Technology, Savita Oil Technologies, Thermax, Thyrocare Technologies, Triveni Turbine, Ugro Capital, Welspun Enterprises. | This text contains a list of 30 Indian companies from various sectors, including finance, manufacturing, and consumer goods. |
The new listings included ADNOC Gas, Presight AI, Al Ansari Financial Services, ADNOC Logistics, Dubai Taxi, Investcorp Capital, Phoenix Group, and PureHealth. | Eight new companies have been added to the Abu Dhabi Securities Exchange (ADX), including ADNOC Gas, Presight AI, and Al Ansari Financial Services. |
The automaker, on Monday, reported a 22.4 per cent YoY jump in net profit at Rs 408.9 crore for the June quarter. | The automaker reported a 22.4% YoY increase in net profit to Rs 408.9 crore for the June quarter. |
The discovery was made at the Mopane-1X well within Petroleum Exploration License 83 PEL 83 , where Sintana holds an indirect 49 interest through its stake in Custos Energy Pty Ltd.Galp Energia, the operator of PEL 83, along with partners NAMCOR and Custos, drilled and logged the Mopane-1X well, confirming the presence of a considerable column of light oil in high-quality reservoir-bearing sands. | Sintana holds a 49% indirect interest in PEL 83 through Custos Energy Pty Ltd, where Galp Energia, the operator, confirmed the presence of a considerable column of light oil in high-quality reservoir-bearing sands at the Mopane-1X well. |
The French chemical company joined other strategic investors, including Stellantis NYSE STLA Ventures and MBDA, in Tiamat's recent €22 million funding round. The investment will support Tiamat's ambition to construct a 5 GWh Giga-factory in France dedicated to sodium-ion battery cell production. Tiamat, established in 2017 and a spin-off from France's CNRS Centre National de la Recherche Scientifique , focuses on the development and commercialization of sodium-ion batteries, an alternative to lithium-ion batteries. The information regarding Arkema's investment in Tiamat is based on a press release statement. COLOMBES, France - Arkema, a global player in specialty materials, has announced its investment in Tiamat, a startup specializing in sodium-ion battery technology. | Arkema, a specialty materials company, invested in Tiamat, a sodium-ion battery startup, to support the construction of a 5 GWh Giga-factory in France. |
Gladiator Resources shared news of high uranium grades discovered at their Mkuju project in Tanzania. | Gladiator Resources has discovered high uranium grades at their Mkuju project in Tanzania, with assays indicating significant potential for uranium production. |
Village President Daniel Hoffert highlighted the environmental impact and the economic prosperity the solar farm is expected to bring to the community and the region. | Village President Daniel Hoffert emphasized the environmental benefits and economic growth anticipated from the solar farm's establishment in the community and region. |
The current market scenario for the Nifty Metal Index reveals a challenging landscape. | The Nifty Metal Index faces a challenging market scenario due to factors such as weak global demand, supply chain disruptions, and rising input costs. |
In collaboration with Google NASDAQ GOOGL Cloud, Ginkgo is developing AI models that incorporate its proprietary metagenomics data, which could form the basis for additional pharmaceutical partnerships in 2024.This news is based on a press release statement from Ginkgo Bioworks. | Ginkgo Bioworks is collaborating with Google Cloud to develop AI models using Ginkgo's metagenomics data, potentially leading to new pharmaceutical partnerships in 2024. |
MCX has decided to extend the support services deal with existing software vendor, 63 Moons Technologies, for its trading and clearing platform, for six months with effect from July 1, 2023. | MCX has extended its support services deal with 63 Moons Technologies for its trading and clearing platform for six months, effective July 1, 2023. |
I expect to see some consolidation until the next earnings season as valuations remain high compared to their past averages, said Karthick Jonagadla, a strategist at Quantace Research & Capital Pvt. | Valuations are high compared to historical averages, leading to expected consolidation until the next earnings season, according to Karthick Jonagadla of Quantace Research & Capital Pvt. |
Biggest losers included Filo Mining Corp TSX FIL , which lost 6.46 or 1.53 points to trade at 22.17 in late trade. | Filo Mining Corp (TSX: FIL) was among the biggest losers, dropping 6.46 points (1.53%) to close at 22.17 in late trade. |
Its subsidiary Tata Power Renewable Energy has signed a MoU with the Gujarat govt to develop 10,000 MW of renewable energy power projects in the state with up to an investment of Rs 70,000 crore. | Tata Power Renewable Energy has signed a MoU with the Gujarat government to develop 10,000 MW of renewable energy power projects in the state with an investment of up to Rs 70,000 crore. |
Members of Parliament from Japan Taro, Hideto, Susumu, Kazuhiro, Consul General in Bengaluru Nakane Tsutomu, and Deputy Consul General in Bengaluru Hokuto were among those who represented the delegation. | A delegation from Japan, including MPs Taro, Hideto, Susumu, Kazuhiro, and Consul Generals Nakane Tsutomu and Hokuto, visited Bengaluru. |
Minister Patil engaged in discussions with Sony, HP, Nestle NS NEST , Honeywell, Lulu group, Inox Group, Takeda Pharma, Coinbase NASDAQ COIN , Tillman Global, BL Agro, and many others. | Minister Patil held discussions with various companies, including Sony, HP, Nestle, Honeywell, and Coinbase, to explore investment opportunities in India. |
The subscriber base growth was driven by mobile telephony where Reliance Jio added over 2.27 million new customers and Bharti Airtel added 1.4 million customers. Telecom subscriber base in the country grew marginally to 1,173.89 million at the end of June on account of new customer additions led by Reliance Jio, said Trai. | Reliance Jio and Bharti Airtel drove the growth of India's telecom subscriber base to 1,173.89 million in June, with Jio adding 2.27 million and Airtel adding 1.4 million new customers. |
Morgan Stanley upgraded DocuSign Inc NASDAQ DOCU to an Equal-Weight rating From Underweight and raised their 12-month price target on shares to $64.00 From $49.00 following increased investor interest. For bears, this difficult competitive environment for DocuSign as intensifying competition and increased commoditization of core e-signature contributes to pricing pressure and or continued market share losses, wrote analysts in a note. Analysts at Morgan Stanley decided to revisit their thesis on DocuSign after a recent Wall Street Journal report, hinting at a potential private equity deal, spurred investor interest in the software company. Morgan Stanley upgraded DocuSign Inc NASDAQ DOCU to an Equal-Weight rating From Underweight and raised their 12-month price target on shares to $64.00 From $49.00 following increased investor interest. Shares of DOCU are down 0.91 in mid-day trading on Tuesday. | Morgan Stanley upgraded DocuSign to Equal-Weight from Underweight, raising the price target to $64 from $49 due to increased investor interest following a potential private equity deal report. |
Karnataka and Japan share many similarities which include their focus on major industries like auto and auto components, engineering and machine tools, chemicals, innovation and R and D, he added. | Karnataka and Japan share similarities in their focus on industries like auto, engineering, chemicals, innovation, and R&D. |
Balaji Amines, Geojit Financial Services, Jyothy Labs,Indiabulls Housing Finance | Balaji Amines, Geojit Financial Services, Jyothy Labs, and Indiabulls Housing Finance are all companies listed on the stock exchange. |
Gandhinagar, Jan 11 IANS Haryana Chief Minister Manohar Lal Khattar on Thursday held one-on-one discussions with representatives of about 10 major companies from Japan and the US, inviting them to invest in the state. | Haryana CM Manohar Lal Khattar met with representatives of 10 major companies from Japan and the US, inviting them to invest in the state. |
India was the largest beneficiary of the GSP status in 2017, with $5.7 billion worth of goods being exported duty-free to the US.About 1,900 products such as engineering goods, chemicals and textiles were allowed to enter the US without an duty being levied on them. | India was the largest beneficiary of the GSP status in 2017, exporting $5.7 billion worth of goods duty-free to the US, including 1,900 products like engineering goods, chemicals, and textiles. |
BlackRock, Norges Bank and Abu Dhabi Investment Authority were among the buyers in Aditya Birla Capital's sale of shares to institutional investors. | BlackRock, Norges Bank, and Abu Dhabi Investment Authority acquired shares in Aditya Birla Capital's institutional investor share sale. |
DETROIT - Artificial Intelligence Technology Solutions, Inc. OTCPK AITX , along with its subsidiary Robotic Assistance Devices, Inc. RAD , has reported a notable increase in its Recurring Monthly Revenue RMR and a reduction in operating expenses in its latest financial results for the quarter ending November 30, 2023. | AITX and RAD reported a significant increase in RMR and a reduction in operating expenses for the quarter ending November 30, 2023. |
Fujitsu Ltd. TYO 6702 declined 4.07 or 825.00 points to end at 19,460.00 and Daiichi Sankyo Co., Ltd. TYO 4568 shed 3.80 or 172.00 points to 4,352.00.Declining stocks outnumbered rising ones by 2498 to 1156 and 238 ended unchanged on the Tokyo Stock Exchange. | Fujitsu Ltd. and Daiichi Sankyo Co. declined by 4.07% and 3.80% respectively, leading to a decline in the Tokyo Stock Exchange, with declining stocks outnumbering rising ones by 2498 to 1156. |
According to the company's statement, Labcorp was involved in the development of over 80 of the new drugs approved by the FDA in 2022 and conducted more than 600 million tests for patients globally. BURLINGTON, N.C. - Laboratory Corporation of America Holdings NYSE NYSE LH , commonly known as Labcorp, has declared a quarterly cash dividend of $0.72 per share on its common stock. The dividend is scheduled to be paid on March 13, 2024, to shareholders who are on the record by the close of business on February 27, 2024.Labcorp is recognized as a prominent player in the life sciences industry, providing a range of laboratory services that support physicians, hospitals, pharmaceutical entities, researchers, and patients. Labcorp's operations encompass diagnostics and drug development laboratory services that contribute to the healthcare landscape. Labcorp's announcement is based on a press release statement and is intended to inform shareholders and the broader financial community of the upcoming dividend payment. | Labcorp, a leading life sciences company, contributed to the development of over 80 FDA-approved drugs in 2022 and conducted over 600 million tests globally. |
According to Nigam Arora, a US-based algorithm analyst and author of The Arora Report, Although higher interest rates are not favourable for the yellow metal, gold has been bought on hopes that the US Federal Reserve Fed is done with increasing rates and will cut rates in 2024. | Gold is being bought on expectations that the US Federal Reserve will cut rates in 2024, despite higher interest rates being unfavorable for the metal. |
Additionally, Occidental's chemical subsidiary, OxyChem, produces essential chemicals for various life-enhancing products. | Occidental's subsidiary, OxyChem, manufactures essential chemicals used in life-enhancing products. |
For investors seeking in-depth analysis and additional insights, there are 8 more InvestingPro Tips available, which can be accessed with a subscription. InvestingPro Tips highlight that W.P. Carey is trading at a low P E ratio relative to near-term earnings growth, suggesting that the stock may be undervalued given its earnings potential. Plus, use the coupon code ProW345 to receive an additional 10 off a 2-year InvestingPro subscription. For those interested in gaining a competitive edge in their investment strategy, InvestingPro is now offering a special Cyber Monday sale with discounts of up to 60 . | W.P. Carey is trading at a low P/E ratio relative to near-term earnings growth, suggesting that the stock may be undervalued given its earnings potential. InvestingPro is offering a special Cyber Monday sale with discounts of up to 60%. |
Energy stocks particularly underperformed, with industry leaders Woodside OTC WOPEY and Santos witnessing a drop in their share values by 1.12 and 0.78 respectively. | Energy stocks underperformed, with Woodside and Santos seeing share value drops of 1.12% and 0.78% respectively. |
Mark Selby, CEO of Canada Nickel, emphasized the importance of the partnership with Samsung SDI, a leading EV battery manufacturer, in advancing the Crawford Project and contributing to sustainable supply chains in North America and Europe. | Canada Nickel's CEO, Mark Selby, highlighted the significance of their partnership with Samsung SDI, a prominent EV battery manufacturer, in developing the Crawford Project and establishing sustainable supply chains in North America and Europe. |
In a meeting with a Japanese parliamentary delegation, Patil said that the government aims to position Karnataka as the premier destination for Electric Vehicle EV manufacturing. Saying that the state would like to partner with Japan in achieving its aspiration of becoming a global manufacturing hub, he emphasised that the Japanese Industrial Township in Tumakuru district is a testimony to the long-standing industrial collaboration between Karnataka and Japan. Karnataka is home to over 525 Japanese companies operating across industry sectors, with around 70 companies having active manufacturing presence in the state, Patil said. The focus will be on the entire value chain related to e-mobility from battery and cell manufacturing, component production, original equipment manufacturers, charging and testing infrastructure, to research and development, the Minister explained. | Karnataka aims to become a leading destination for EV manufacturing, partnering with Japan to establish a Japanese Industrial Township in Tumakuru. The state is home to over 525 Japanese companies, with 70 actively manufacturing in the region. |
For instance, a similar company in the industry, W.P. Carey Inc. NYSE WPC , has shown a 22.15 revenue growth in the last twelve months as of Q3 2023, and it has maintained dividend payments for 26 consecutive years, a testament to its financial resilience and commitment to shareholder returns. With access to InvestingPro, investors can explore a wealth of financial metrics and expert insights, including 7 additional tips for W.P. Carey Inc., helping them make more informed decisions in the dynamic market landscape. Additionally, W.P. Carey Inc. has a P E ratio of 18.33, indicating its shares might be trading at a reasonable price relative to its earnings. | W.P. Carey Inc. (NYSE: WPC) has experienced a 22.15% revenue growth in the last twelve months as of Q3 2023 and has maintained dividend payments for 26 consecutive years, indicating financial resilience and commitment to shareholder returns. Its P/E ratio of 18.33 suggests that its shares may be trading at a reasonable price relative to its earnings. |
Providing comprehensive solutions such as School ERP, Shelter Home Management System, Whole School Transformation, Parent Connect Platform, Learning Management System, and other essential tools, our platform supports tech-savvy nonprofits in the education sector. | Our platform offers comprehensive solutions for tech-savvy nonprofits in education, including School ERP, Shelter Home Management System, Whole School Transformation, Parent Connect Platform, and Learning Management System. |
BSNL lost 1.87 million mobile subscribers, VIL lost 1.28 million subscribers and MTNL 1,52,912 subscribers . | BSNL, VIL, and MTNL experienced a combined loss of 3.67 million mobile subscribers, with BSNL losing the most at 1.87 million. |
Bosch India will showcase the BS6 stage 2 hydrogen engine truck, by early 2024.The Board of Directors of the company has approved to acquire 51 per cent stake in Guideline Travels Holidays India Private Limited, Dook Travels Private Limited, and Tripshope Travel Technologies Private Limited. | Bosch India plans to unveil its BS6 stage 2 hydrogen engine truck by early 2024. Additionally, the company has acquired a 51% stake in three travel companies: Guideline Travels Holidays India Private Limited, Dook Travels Private Limited, and Tripshope Travel Technologies Private Limited. |
Channon, an expert in digital marketing and transformative technologies, joined the company in December 2019.Nicholas Vita, who co-founded The Cannabist Company in 2012 and has been at the helm for over a decade, oversaw the company's growth to over $500M in annual revenue and expansion into 16 integrated markets in the U.S. Vita is shifting his focus to research for ultrarare pediatric diseases through gene therapy but will continue to support the company as a Board member. | Channon, a digital marketing expert, joined the company in December 2019. Nicholas Vita, who co-founded The Cannabist Company in 2012, oversaw the company's growth to over $500M in annual revenue and expansion into 16 integrated markets in the U.S. |
Besides, it produced about 333 MTs of coal during the first half of the current financial year H1-FY24 , posting a growth of 11.3 per cent YoY. The Tata Group is considering evaluating whether to bid for UTI Asset Management Company, according to a report byafter Mukesh Ambani-owned Jio Financial Services entered the market. | Coal production increased by 11.3% YoY to 333 MTs in H1-FY24. The Tata Group is considering bidding for UTI Asset Management Company after Jio Financial Services entered the market. |
The United Nations-backed Stop TB Partnership said J&J's new price of $130 and Lupin's price of $194 for a six-month course of the treatment represented a 55 and 33 price reduction, respectively. Lupin, and J&J will supply their versions of the tuberculosis drug bedaquiline at a significantly cheaper price in low- and middle-income countries, a global anti-tuberculosis group said on Wednesday. | Lupin and J&J have reduced the price of bedaquiline, a tuberculosis drug, by 55% and 33%, respectively, for low- and middle-income countries. |
The price of ten grams of 22-carat gold in Mumbai is at par with that of gold in Kolkata and Hyderabad, at Rs 53,350.The price of ten grams of 22-carat gold in Delhi, Bengaluru, and Chennai is Rs 53,500, Rs 53,350, and Rs 53,600, respectively. Silver, too remained unchanged with one kg of the precious metal selling at Rs 73,500.The price of 22-carat gold was also unchanged, with the yellow metal selling at Rs 53,350.The price of ten grams of 24-carat gold in Mumbai is at par with that in Kolkata and Hyderabad, at Rs 58,200.The price of ten grams of 24-carat gold in Delhi, Bengaluru, and Chennai is Rs 58,350, Rs 58,200, and Rs 58,470, respectively. | The price of 22-carat gold in Mumbai, Kolkata, and Hyderabad is Rs 53,350 per 10 grams, while in Delhi, Bengaluru, and Chennai, it is Rs 53,500, Rs 53,350, and Rs 53,600, respectively. The price of 24-carat gold in Mumbai, Kolkata, and Hyderabad is Rs 58,200 per 10 grams, while in Delhi, Bengaluru, and Chennai, it is Rs 58,350, Rs 58,200, and Rs 58,470, respectively. |
NEW YORK - Telefonica BME TEF Brasil S.A. NYSE VIV , a leading telecommunications company, saw its stock price slightly decline, closing at $10.31 on Monday. | Telefonica Brasil's stock price closed at $10.31 on Monday, experiencing a slight decline. |
State-owned PNB, on Wednesday, launched a mobile application based on the GST Sahay scheme. With this integration, PNB became the first public sector bank to facilitate frictionless credit flow to MSMEs using GST invoices, the bank said in a statement. | PNB launched a mobile app based on the GST Sahay scheme, becoming the first public sector bank to facilitate credit flow to MSMEs using GST invoices. |
The company's network includes locations in the United States, Bulgaria, Germany, Romania, and Ukraine, as well as stores in Victoria, New South Wales, and South Australia. | The company has a global presence with locations in the US, Bulgaria, Germany, Romania, and Ukraine, and retail stores in three Australian states: Victoria, New South Wales, and South Australia. |
The top performers on the NASDAQ Composite were Charge Enterprises Inc NASDAQ CRGE which rose 179.56 to 0.23, Applied UV Inc NASDAQ AUVI which was up 67.11 to settle at 3.81 and Atreca Inc NASDAQ BCEL which gained 52.63 to close at 0.36.The worst performers were Sealsq Corp NASDAQ LAES which was down 28.71 to 2.26 in late trade, Nukkleus Inc NASDAQ NUKK which lost 27.44 to settle at 1.56 and Minim Inc NASDAQ MINM which was down 27.03 to 2.97 at the close. | Charge Enterprises Inc, Applied UV Inc, and Atreca Inc were the top performers on the NASDAQ Composite, while Sealsq Corp, Nukkleus Inc, and Minim Inc were the worst performers. |
The new motor's performance was validated at the Evaluation Laboratory for Next Generation Motors of the Akita University Joint Research Center for Electric Architecture, the largest facility of its kind in Japan. The development is part of IHI's research into advanced electric and hybrid electric propulsion systems, under the auspices of Japan's New Energy and Industrial Technology Development Organization. | IHI's new motor was validated at the largest facility of its kind in Japan, the Evaluation Laboratory for Next Generation Motors of the Akita University Joint Research Center for Electric Architecture. The development is part of IHI's research into advanced electric and hybrid electric propulsion systems, under the auspices of Japan's New Energy and Industrial Technology Development Organization. |
The move to expand Citicore's solar plant projects through this IPO underscores the growing focus on renewable energy in the Philippines and the potential for investors to contribute to the country's sustainable energy future. | Citicore's IPO aims to expand its solar plant projects, highlighting the growing emphasis on renewable energy in the Philippines and offering investors a chance to support the country's sustainable energy goals. |
Frank Cho, vice president and product general manager of Inventory Intelligence at Sensormatic Solutions, praised Allbirds for its dedication to innovation and retail precision. | Frank Cho, vice president of Sensormatic Solutions, praised Allbirds for its commitment to innovation and retail precision. |
The unit is proposed in Khammam district in collaboration with Malaysian company Sime Darby. | A unit is proposed in Khammam district in collaboration with Malaysian company Sime Darby. |
GSK plc LON GSK added 1.76 or 27.20 points to end at 1,576.20 and Hikma Pharmaceuticals PLC LON HIK was up 1.75 or 32.50 points to 1,894.50 in late trade. | GSK plc (LON: GSK) and Hikma Pharmaceuticals PLC (LON: HIK) both saw significant gains in late trade, with GSK adding 27.20 points to close at 1,576.20 and Hikma rising 32.50 points to 1,894.50. |
The United Nations-backed Stop TB Partnership said J&J's new price of $130 and Lupin's price of $194 for a six-month course of the treatment represented a 55 and 33 price reduction, respectively. Lupin, and J&J will supply their versions of the tuberculosis drug bedaquiline at a significantly cheaper price in low- and middle-income countries, a global anti-tuberculosis group said on Wednesday. | Lupin and J&J have reduced the price of bedaquiline, a tuberculosis drug, by 55% and 33%, respectively, for low- and middle-income countries. |
The contract involves the construction of a thermal power plant for NLC India in Talabira, Odisha. | NLC India has awarded a contract for the construction of a thermal power plant in Talabira, Odisha. |
President Zelenskiy is set to address the attendees at Davos, where he will outline Ukraine's peace strategy and the country's plans for post-conflict reconstruction. DAVOS - Ukrainian President Volodymyr Zelenskiy is scheduled to meet with JPMorgan Chase & Co NYSE JPM CEO Jamie Dimon during the upcoming World Economic Forum in Davos. The meeting between Zelenskiy and the head of one of the largest banks in the United States underscores the crucial role of private sector partnerships in addressing the financial needs that arise from global conflicts. | Ukrainian President Volodymyr Zelenskiy will address the World Economic Forum in Davos, outlining Ukraine's peace strategy and post-conflict reconstruction plans. He is also scheduled to meet with JPMorgan Chase CEO Jamie Dimon, highlighting the importance of private sector partnerships in addressing financial needs arising from global conflicts. |
Asia-Pacific markets, too, fell in Friday's early trade, with Nikkei 225, Topix, Kospi, and S&P 200 indices slipping up to 1 per cent. | Asia-Pacific markets declined on Friday, with major indices like Nikkei 225 and Kospi losing up to 1% in early trade. |
Biggest losers included Tokyo Electric Power Co., Inc. TYO 9501 , which lost 4.53 or 38.40 points to trade at 810.20 in late trade. Fujitsu Ltd. TYO 6702 declined 4.07 or 825.00 points to end at 19,460.00 and Daiichi Sankyo Co., Ltd. TYO 4568 shed 3.80 or 172.00 points to 4,352.00.Declining stocks outnumbered rising ones by 2498 to 1156 and 238 ended unchanged on the Tokyo Stock Exchange. At the close in Tokyo, the Nikkei 225 fell 0.32 .The biggest gainers of the session on the Nikkei 225 were Furukawa Electric Co., Ltd. TYO 5801 , which rose 4.30 or 100.00 points to trade at 2,423.00 at the close. | Tokyo Electric Power Co., Inc. lost 38.40 points, Fujitsu Ltd. lost 825.00 points, and Daiichi Sankyo Co., Ltd. lost 172.00 points, leading to a 0.32% decline in the Nikkei 225. |
It will invest in establishment of Telecom network for NTAMC at an estimated cost of Rs 164.38 crore, Western Region expansion scheme at an estimated cost of Rs 115.09 crore and ICT Augmentation at Navsari associated with integration of 7 GW RE power from Khavda RE park at an estimated cost of Rs 109.47.Adani Total Gas, the joint venture of billionaire Gautam Adani's group and French energy giant TotalEnergies, will invest Rs 18,000 crore to Rs 20,000 crore in the next 8 to 10 years to expand infrastructure for retailing CNG to automobiles and piping gas to households and industries, its CFO said. | Adani Total Gas plans to invest Rs 18,000-20,000 crore over the next 8-10 years to expand its CNG and piped gas infrastructure. The company will invest in a Telecom network for NTAMC (Rs 164.38 crore), Western Region expansion (Rs 115.09 crore), and ICT Augmentation at Navsari (Rs 109.47 crore). |
While 360 One Prime, formerly IIFL Wealth, plans to raise up to Rs 1,000 crore through its maiden public issue of secured, redeemable, non-convertible debentures NCDs , Kosamattam Finance is aiming to raise up to Rs 200 crore, Muthoot Finance up to Rs 1,000 crore, and Edelweiss Financial Services up to Rs 1,000 crore. While Kosamattam Finance, Muthoot Finance, Edelweiss Financial Services issues are active, 360 One Prime's issue will open for subscription on January 11. | 360 One Prime, Kosamattam Finance, Muthoot Finance, and Edelweiss Financial Services plan to raise funds through NCD issues. 360 One Prime aims to raise up to Rs 1,000 crore, while Kosamattam Finance, Muthoot Finance, and Edelweiss Financial Services target up to Rs 200 crore, Rs 1,000 crore, and Rs 1,000 crore, respectively. |
Members of Parliament from Japan Taro, Hideto, Susumu, Kazuhiro, Consul General in Bengaluru Nakane Tsutomu, and Deputy Consul General in Bengaluru Hokuto were among those who represented the delegation. | A delegation from Japan, including MPs Taro, Hideto, Susumu, Kazuhiro, and Consul Generals Nakane Tsutomu and Hokuto, visited Bengaluru. |
KB Home NYSE KBH stock fell 3 after the homebuilder disappointed with its fourth-quarter results, as the average selling price for its properties fell 4.5 during the quarter. | KB Home's stock dropped 3% after its fourth-quarter results missed expectations, with a 4.5% decline in average selling price. |
However, realisation of the potential requires critical interventions in areas like digitisation of land records, formation of cooperatives in processing, marketing and also under agro industries sector, ensuring soil health. | Digitization of land records, formation of cooperatives, and ensuring soil health are crucial interventions to unlock the potential of the agro-industries sector. |
BOSTON and ROLLE, Switzerland - SOPHiA GENETICS NASDAQ SOPH , a leader in data-driven medicine, has announced a partnership with Karkinos Healthcare to enhance cancer research and care in India. Dr. R Venkataramanan, Founder and CEO of Karkinos Healthcare, highlighted the partnership's potential to generate world-class research for faster and more accurate cancer diagnosis and management, with a focus on precision medicine for the underprivileged in India. | SOPHiA GENETICS and Karkinos Healthcare have partnered to enhance cancer research and care in India, focusing on precision medicine for the underprivileged. The partnership aims to generate world-class research for faster and more accurate cancer diagnosis and management. |
In Asia, Alibaba NYSE BABA 's logistics arm, Cainiao, is considering a Hong Kong IPO that could be valued at $1 billion. | Alibaba's logistics arm, Cainiao, is considering a Hong Kong IPO that could be valued at $1 billion. |
The Chakan plant s second phase is expected to significantly enhance Belden's manufacturing capabilities, allowing the company to better serve both domestic and international markets. Dr. Ashish Chand, President and CEO of Belden, emphasized the company's strategy to source raw materials locally and to position the facility as a key export hub. This initiative is part of Belden's ongoing efforts to deliver infrastructure for a digital journey that is simpler, smarter, and secure. Brian Lieser, EVP of Industrial Automation Solutions at Belden, commented on the expansion, highlighting the company s dedication to evolving market needs and its contribution to the growth of the automation and smart infrastructure industries. The enhanced facility will produce advanced Ethernet switches and firewalls, connectivity solutions, and various industrial application assemblies, reinforcing Belden s global presence. The information in this article is based on a press release statement from Belden Inc.This article was generated with the support of AI and reviewed by an editor. PUNE, India - Belden Inc . | Belden Inc.'s Chakan plant's second phase will enhance manufacturing capabilities, allowing the company to better serve domestic and international markets. The facility will produce advanced Ethernet switches, firewalls, connectivity solutions, and various industrial application assemblies, reinforcing Belden's global presence. |
The move aims to rejuvenate Tesla's vehicle lineup within its primary market, following price competition and discounts in 2023.The electric vehicle giant saw shares sink Thursday after it was announced that the company will implement pay increases for workers at its California car plant, aligning with other nonunion automakers like Toyota NYSE TM , Volkswagen ETR VOWG p , and Hyundai OTC HYMTF . | Tesla is increasing pay for workers at its California plant to align with other nonunion automakers, following price competition and discounts in 2023. |
During the summit, the Chief Minister also held a meeting with Puneet Chandok, president, Microsoft NASDAQ MSFT India, and his delegation. | During the summit, the Chief Minister met with Puneet Chandok, president of Microsoft India, to discuss potential collaborations. |
TOKYO - Panasonic OTC PCRFY is gearing up to significantly expand its electric vehicle EV battery production capabilities with an ambitious target to increase output fourfold by the year 2030. | Panasonic OTC PCRFY aims to quadruple its EV battery production by 2030, significantly expanding its capabilities in the growing electric vehicle market. |
NEW YORK - ILUS International Inc. OTC ILUS , a company specializing in mergers and acquisitions, has announced the acquisition of a controlling interest in Samsara Luggage, Inc. OTC SAML . | ILUS International Inc. (OTC: ILUS) has acquired a controlling interest in Samsara Luggage, Inc. (OTC: SAML), a company specializing in mergers and acquisitions. |
Impendi's track record includes working with leaders in various industries, including financial and professional services, manufacturing, consumer goods, and technology. | Impendi has a proven track record of collaborating with leaders in diverse industries, including financial services, manufacturing, consumer goods, and technology. |
BREA, Calif. - Mullen Automotive, Inc. NASDAQ NASDAQ MULN , an emerging electric vehicle manufacturer, has unveiled a new lightweight service truck body for the All-Electric Mullen THREE, developed in collaboration with Phenix Truck Bodies & Van Equipment and Knapheide Manufacturing. | Mullen Automotive unveils a lightweight service truck body for its All-Electric Mullen THREE, developed in partnership with Phenix Truck Bodies & Van Equipment and Knapheide Manufacturing. |
PALM BEACH GARDENS, Fla. - CyberFuels, Inc., a subsidiary of Encountercare Solutions, Inc. OTC-BB ECSL , has finalized the acquisition of more than 71 acres of land and waterways in Port Tampa, Florida, for a total of $33.5 million. | CyberFuels, a subsidiary of Encountercare Solutions, acquired 71 acres of land and waterways in Port Tampa, Florida, for $33.5 million. |
Canada Nickel Company Inc., headquartered in Toronto, is focused on developing nickel-sulphide projects to meet the increasing demand from the EV and stainless steel markets. Mark Selby, CEO of Canada Nickel, emphasized the importance of the partnership with Samsung SDI, a leading EV battery manufacturer, in advancing the Crawford Project and contributing to sustainable supply chains in North America and Europe. This strategic investment and partnership are based on a press release statement issued by Canada Nickel Company Inc. on January 12, 2024.In the context of Samsung SDI's strategic investment into Canada Nickel Company for securing materials for EV battery production, investors may find the following insights from InvestingPro to be of interest. TORONTO - In a strategic move to secure essential materials for its electric vehicle battery production, Samsung KS 005930 SDI Co., Ltd. has invested US$18.5M into Canada Nickel Company Inc., acquiring approximately 8.7 ownership in the mining company. The transaction, which involves Samsung SDI purchasing roughly 15.6 million shares, is part of a broader partnership that includes potential additional investment and offtake rights in Canada Nickel s Crawford project. Financial advisory roles for Canada Nickel in the transaction were filled by Cutfield Freeman, Deutsche Bank ETR DBKGn , Harp Capital, and Scotiabank. | Samsung SDI invested $18.5 million in Canada Nickel Company to secure materials for EV battery production, acquiring approximately 8.7% ownership and potential additional investment and offtake rights in Canada Nickel's Crawford project. |
The company represents CNH Industrial NYSE CNHI Brands including Case IH, New Holland Agriculture, Case Construction, New Holland Construction, and CNH Industrial Capital. The deal, which closed on Wednesday, adds one full-line Case IH and New Holland Agriculture dealership to Titan's portfolio. | CNH Industrial, represented by brands like Case IH and New Holland Agriculture, has sold one full-line dealership to Titan Machinery. |
Cash and cash equivalents were reported at $2.3 million as of November 30, 2023, a slight decrease from $2.6 million at the end of the fourth quarter of fiscal 2023.Looking ahead, SemiLEDs expects revenue for the second quarter ending February 29, 2024, to be around $1.1 million, subject to a 10 variance. As SemiLEDs Corporation navigates its fiscal year with a focus on reducing losses and improving margins, investors seeking a broader context for the company's performance may find additional insights through InvestingPro. The company also noted that its office and factory in Chunan will be closed for the Chinese New Year holiday, starting February 3, 2024, and will resume operations on February 19, 2024.SemiLEDs specializes in manufacturing LED chips and components for various applications, including general lighting, UV curing, and specialty industrial uses. This financial update is based on a press release statement from SemiLEDs Corporation. The net loss attributable to SemiLEDs stockholders decreased to $598 thousand, or $ 0.12 per diluted share, from a net loss of $881 thousand, or $ 0.18 per diluted share, in the fourth quarter of fiscal 2023.Significant improvement was seen in the company's gross margin, which grew to 15 in the first quarter from 3 in the fourth quarter of the prior fiscal year. Analysts anticipate sales growth in the current year, which could signal a positive trajectory for SemiLEDs. Investors looking for comprehensive analysis and additional InvestingPro Tips for companies like SemiLEDs can benefit from the InvestingPro platform. HSINCHU, Taiwan - SemiLEDs Corporation NASDAQ LEDS , a global provider of LED chips and components, announced a reduced net loss and improved gross margins in its financial results for the first quarter of fiscal year 2024, which ended on November 30, 2023.The company reported an increase in revenue to $1.6 million for the first quarter, up from $1.5 million in the previous quarter. | SemiLEDs Corporation reported a reduced net loss of $598 thousand in the first quarter of fiscal year 2024, with revenue increasing to $1.6 million. The company's gross margin improved to 15% from 3% in the previous quarter. |
Tiamat is a France-based battery manufacturer and is currently developing sodium-ion battery technology for commercialization. | Tiamat, a French battery manufacturer, is developing sodium-ion battery technology for commercialization. |
Japan s Nikkei was up 1.7 per cent, leading gains in the region. | Japan's Nikkei index surged by 1.7%, outperforming other regional markets. |
The delegation led by Managing Director Iram Singh Yadav held discussions with the Chief Minister at the Secretariat. | A delegation led by Iram Singh Yadav met with the Chief Minister at the Secretariat to discuss various issues. |
SANTA CLARA, Calif. - In a move to expand its payment solutions, Shift4 NYSE FOUR , a prominent integrated payments and commerce technology provider, has selected MagicCube's i-Accept as its preferred software-based point of sale softPOS system. MagicCube is recognized as a leader in the Software Defined Trust SDT category with its virtual Trusted Execution Environment vTEE platform. This partnership, announced today, enables Shift4's merchant network to process secure contactless payments directly on Android devices.i-Accept, developed by MagicCube, converts any Android smartphone or tablet into a payment terminal capable of handling Tap-to-Pay transactions, including those requiring a PIN. Sam Shawki, CEO and co-founder of MagicCube, said the company's technology simplifies compliance with payment card industry PCI standards while offering a flexible and consumer-friendly payment option. | Shift4 has partnered with MagicCube to integrate i-Accept, a software-based point of sale system, into its payment solutions. This partnership allows Shift4's merchants to process secure contactless payments directly on Android devices, simplifying PCI compliance and providing a flexible payment option. |
LOS GATOS, CA - Atomera Incorporated NASDAQ ATOM , a company specializing in semiconductor materials and licensing technology, announced today an increase in its fourth-quarter 2023 revenue forecast to approximately $500,000. | Atomoera Incorporated, a semiconductor materials and licensing technology company, has increased its fourth-quarter 2023 revenue forecast to approximately $500,000. |