Hesai Group Reports First Quarter 2024 Unaudited Financial Results Quarterly net revenues were RMB359.1 million (US$49.7 million)1Quarterly lidar shipments were 59,101 units SHANGHAI, China, May 20, 2024 (GLOBE NEWSWIRE) -- Hesai Group (“Hesai” or the “Company”), (NASDAQ: HSAI), the global leader in three-dimensional light detection and ranging (lidar) solutions, today announced its unaudited financial results for the three months ended March 31, 2024. Operational Highlights Three monthsended March 31, 2024ADAS lidar shipments52,462Autonomous Mobility lidar shipments6,639Total lidar s...
Rubis: Communication following the requests received for the inclusion of resolutions to the agenda of the Shareholders’ Meeting of 11 June 2024 Paris, 20 May, 2024, 11.00pm COMMUNICATION FOLLOWING THE REQUESTS RECEIVED FOR THE INCLUSION OF RESOLUTIONS TO THE AGENDA OF THE SHAREHOLDERS’ MEETING OF 11 JUNE 2024 The Supervisory Board supports the appointment of Dr. Ronald Sämann, a long-standing shareholder, as a new memberIt proposes submitting the candidacy of Ms. Isabelle Muller to the Annual General Meeting on June 11, 2024The Board unanimously expresses a negative opini...
Rubis: Communication de la Société suite aux demandes reçues d’inscription de résolutions à l’ordre du jour de l’AG du 11 juin 2024 Paris, le 20 mai 2024, 23h00 Le Conseil de Surveillance est favorable à la nomination de M. Ronald Sämann, actionnaire de longue date, en tant que nouveau membreIl propose de soumettre la candidature de Mme Isabelle Muller à l’Assemblée Générale du 11 juin 2024 Il émet à l’unanimité un avis négatif sur les résolutions proposées par la Compagnie Nationale de Navigation, rentrée très récemment au capital de la Société et qui détient 5 %, visant à refondre pro...
WEST PALM BEACH, Fla.--(BUSINESS WIRE)-- RiverNorth Opportunities Fund, Inc. (NYSE: RIV) (the “Fund”) is pleased to announce that on May 14-15, 2024, the Board of Directors of the Fund (the “Board”) approved a change to the fiscal year end (“FYE”) of the Fund, as set forth in the table below. Fund Ticker Current FYE New FYE RiverNorth Opportunities Fund, Inc. RIV July 31 June 30 This change was made to increase efficiencies and reduce operating costs for the Fund by bringing it into alignment with the fiscal year ends of all the clos...
Sanofi: Information concerning the total number of voting rights and shares - April 2024 Information concerning the total number of voting rights and shares, provided pursuant to article L. 233-8 II of the Code de commerce (the French Commercial Code) and article 223-16 of the Règlement général de l’Autorité des Marchés Financiers (Regulation of the French stock market authority) Sanofia French société anonyme with a registered share capital of 2,529,599,938 €Registered office : 46, avenue de la Grande Armée - 75017 Paris - FranceRegistered at the Paris Commercial and Companies Registry un...
Le gouvernement s’agite, les investisseurs s’interrogent, les médias sont sur le qui-vive : que se passerait-il si la notation de la dette française venait à être abaissée, ce vendredi 26 avril par les deux agences Fitch et Moody’s qui donneront leur verdict en fin de journée ? L’hypothèse est, on s’en doute, relativement élevée, à en juger par le niveau d’une dette publique qui ne cesse d’enfler, les difficultés du gouvernement à tenir ses engagements ou à rassurer sur la trajectoire future des...
Une semaine après l’attaque d’Israël par l’Iran et moins de vingt-quatre heures après la réplique des Israéliens, les incidences de la montée des tensions géopolitiques restent particulièrement ténues sur les marchés financiers, quand ces derniers n’évoluent pas dans des directions radicalement opposées à celles généralement anticipées dans de telles circonstances. S’ils tétanisent les investisseurs, les développements au Moyen-Orient ne paraissent pas avoir été suivis de changements radicaux de...
IMA reprices and upsizes credit facilities New York , May 20, 2024 – Moody's Ratings (Moody's) has affirmed the B3 corporate family rating and B3-PD probability of default rating of IMA Financial Group, Inc. (IMA). The rating agency also affirmed the B3 ratings on IMA's $190 million senior secured r...
German American Bank Earns Top Community Bank Recognitions from Forbes and Raymond James JASPER, Ind., May 20, 2024 (GLOBE NEWSWIRE) -- German American Bank was named to the Forbes America’s Best Banks list, ranking 19th among 200 eligible banks. In addition, German American Bank earned accolades as a top community bank with a #15 ranking in the Raymond James Community Bankers Cup awards. “As a community bank, we understand the importance of maintaining a position of strength and stability,” states D. Neil Dauby, Chairman and CEO of German American Bank. “We are thrilled to receive t...
AFC Gamma Announces Changes to Composition of Board of Directors Following Planned Spin-Off of Commercial Real Estate Portfolio WEST PALM BEACH, Fla., May 20, 2024 (GLOBE NEWSWIRE) -- AFC Gamma, Inc. (NASDAQ: AFCG) (“AFC Gamma”) today announced the anticipated composition of the Boards of Directors for each of AFC Gamma and Sunrise Realty Trust, Inc. (“SUNS”) following the spin-off of AFC Gamma’s commercial real estate portfolio, which is currently held in its wholly-owned subsidiary, SUNS (the “Spin-Off”). The Spin-Off is expected to be completed in mid-2024, at which time SUNS will oper...
PITTSBURGH--(BUSINESS WIRE)-- Alcoa Corp. (NYSE: AA or “Alcoa”) today announced it has entered into a Deed of Amendment and Restatement (the “Amendment”) of the Scheme Implementation Deed (the “Agreement”) with Alumina Limited in relation to the acquisition of Alumina Limited (the "Scheme"). Alumina Limited shareholders will continue to receive the previously announced Scheme Consideration of 0.02854 New CHESS Depositary Interests (“New Alcoa CDIs") or equivalent for each Alumina Limited share (the “Agreed Ratio”). Each New Alcoa CDI represents a unit of beneficial ownership in a share of Alc...
WESTLAKE, Ohio--(BUSINESS WIRE)-- Nordson Corporation (Nasdaq: NDSN) today reported results for the fiscal second quarter ended April 30, 2024. Sales were $651 million, comparable to the prior year’s second quarter sales of $650 million. The second quarter 2024 sales included a favorable acquisition impact of 5%, partially offset by an organic sales decrease of 4%. The organic sales decrease was driven by ongoing pressure in electronics product lines, partially offset by growth in industrial coatings systems and fluid solutions product lines. Net income was $118 million, or $2.05 of earnings...
Broad Capital Acquisition Corp Confirms Funding to Extend Period to Consummate Initial Business Combination to June 13, 2024 Dallas, Texas, May 20, 2024 (GLOBE NEWSWIRE) -- Broad Capital Acquisition Corp. (the “Company”) (NASDAQ: BRAC, BRACR, BRACU), a special purpose acquisition company formed by Broad Capital LLC, today announced that on May 10, 2024 it caused to be deposited $60,000 (the “Extension Payment”) into the Company’s trust account for its public stockholders, representing $0.035 per public share, allowing the Company to extend the period of time it has to consummate its initi...
Moody's Ratings (Moody's) has affirmed the A1 rating on Monterey-Salinas Transit District, CA's ("MST") outstanding TIFIA Loan. The outlook is stable. RATINGS RATIONALE The A1 rating on the TIFIA loan reflects strong coverage of debt service by pledged Local Transportation Fund (LTF) revenue, a ...
Moody's Ratings (Moody's) has assigned a Aa2 enhanced rating to the Dormitory Authority of the State of New York's estimated $14 million Master BOCES Program Lease Revenue Bonds (Orange - Ulster Issue), Series 2024A. RATINGS RATIONALE The Aa2 rating assignment for the financing is on par with th...
Moody's Ratings (Moody's) today affirmed the Ba1 rating on Land O'Lakes Capital Trust I's ("LOL Trust") 7.45% capital securities maturing in March 2028. LOL is a financing subsidiary of parent company Land O'Lakes, Inc. (Land O'Lakes). The outlook remains stable. The rating affirmation reflects La...
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