Coca-Cola Consolidated Announces Commencement of Tender Offer to Purchase up to $2.0 Billion in Value of its Common Stock CHARLOTTE, N.C., May 20, 2024 (GLOBE NEWSWIRE) -- Coca-Cola Consolidated, Inc. (NASDAQ: COKE) (the “Company”) announced today that it has commenced a modified “Dutch auction” tender offer to purchase shares of its Common Stock for an aggregate purchase price of up to $2.0 billion. Pursuant to the tender offer, stockholders may tender all or a portion of their shares (1) at a price specified by the tendering stockholder of not less than $850 and not more than $925 pe...
Remitly Announces May 2024 Investor Conference Participation SEATTLE, May 15, 2024 (GLOBE NEWSWIRE) -- Remitly Global, Inc. (NASDAQ: RELY) (“Remitly”), a trusted provider of digital financial services that transcend borders, today announced that its management team will participate in the following investor conferences: Barclays 14th Annual Emerging Payments and FinTech ForumDate: Thursday, May 16, 2024 J.P. Morgan 52nd Annual Global Technology, Media and Communications ConferenceDate: Monday, May 20, 2024Time: 4:30 p.m. Eastern Time / 1:30 p.m. Pacific Time The J.P. Morgan presentatio...
Gen Z Is Abandoning Conventional 9-to-5 Corporate Jobs for More Diverse, Flexible Careers in Freelancing, According to New Upwork Research Latest research reveals Gen Z’s dominance in freelancing, career expectations, and growing desire to learn emerging skills like AI SAN FRANCISCO, May 14, 2024 (GLOBE NEWSWIRE) -- (Nasdaq: UPWK), the world’s work marketplace that connects businesses with independent talent, today released new research from revealing the ongoing growth of freelancing among Gen Z professionals along with their shifting priorities, expectations, and motivations for wor...
Remitly Announces May 2024 Investor Conference Participation SEATTLE, May 10, 2024 (GLOBE NEWSWIRE) -- Remitly Global, Inc. (NASDAQ: RELY) (“Remitly”), a trusted provider of digital financial services that transcend borders, today announced that its management team will present at the following investor conferences: Barclays 14th Annual Emerging Payments and FinTech ForumDate: Thursday, May 16, 2024Time: 8:00 a.m. Eastern Time / 5:00 a.m. Pacific Time J.P. Morgan 52nd Annual Global Technology, Media and Communications ConferenceDate: Monday, May 20, 2024Time: 4:30 p.m. Eastern Time ...
Upwork to Present at the Needham Technology, Media & Consumer Conference SAN FRANCISCO, May 09, 2024 (GLOBE NEWSWIRE) -- (Nasdaq: UPWK), the world’s largest work marketplace that connects businesses with independent talent from across the globe, today announced that CFO Erica Gessert will participate in a fireside chat at the Needham Technology, Media & Consumer Conference at The Westin Grand Central Hotel in New York City on Tuesday, May 14, 2024 at 9:45 a.m. PT/12:45 p.m. ET. A live webcast of the fireside chat will be available in the Events and Presentations section of Upwork’s Inve...
Remitly Appoints Ronit Peled as Chief People Officer SEATTLE, May 07, 2024 (GLOBE NEWSWIRE) -- Remitly Global, Inc. (NASDAQ: RELY), a trusted provider of digital financial services that transcend borders, today announced the appointment of Ronit Peled as Chief People Officer. "We are thrilled to welcome Ronit Peled to Remitly as our new Chief People Officer,” said Matt Oppenheimer, Co-founder & CEO of Remitly. “Ronit brings a track record of strategic business leadership, a deep commitment to people and culture, and clear alignment with Remitly’s values. As team and culture have always ...
Moody's Ratings (Moody's) today affirmed Coca-Cola Consolidated, Inc.'s ("CCCI") senior unsecured debt rating at Baa1. The rating outlook remains stable. The affirmation follows CCCI's announcement of its plans to pursue a recapitalization with a debt funded share buyback. The company plans to pu...
Coca-Cola Consolidated Reports First Quarter 2024 Results and Announces the Intention to Repurchase Up to $3.1 Billion of its Common Stock Income from operations for the first quarter of 2024 was $215 million, up $9 million, or 5%, versus the first quarter of 2023.Operating margin for the first quarter of 2024 was 13.5% as compared to 13.1% for the first quarter of 2023, an increase of 40 basis points.The Company intends to purchase up to $3.1 billion of its Common Stock through both a modified “Dutch auction” tender offer for up to $2.0 billion of its Common Stock and a separate share purc...
La-Z-Boy Incorporated Declares Quarterly Dividend MONROE, Mich., May 01, 2024 (GLOBE NEWSWIRE) -- La-Z-Boy Incorporated (NYSE: LZB), a global leader in the manufacture and retail of residential furniture, today declared a quarterly cash dividend on the company’s common stock of $0.20 per share. The dividend will be paid on June 14, 2024 to shareholders of record as of June 4, 2024. Investor Relations Contact:Mark Becks, CFA, (734) 457-9538 About La-Z-Boy:La-Z-Boy Incorporated brings the transformational power of comfort to people, homes, and communities around the world - a mission tha...
Remitly Reports First Quarter 2024 Results Active customers up 36% year over yearSend volume up 34% year over yearRevenue up 32% year over year SEATTLE, May 01, 2024 (GLOBE NEWSWIRE) -- Remitly Global, Inc. (NASDAQ: RELY), a trusted provider of digital financial services that transcend borders, reported results for the first quarter ended March 31, 2024. “We are pleased with our strong start to the year that reflects our resilient customer base and superior customer experience,” said Matt Oppenheimer, co-founder and Chief Executive Officer, Remitly. “Our global scale and co...
Upwork Reports First Quarter 2024 Financial Results First-quarter GAAP Net Income of $18.4 million First-quarter GAAP Diluted EPS of $0.13 First-quarter Adjusted EBITDA of $33.3 million Raises revenue and Adjusted EBITDA outlook for 2024 Establishes five-year Adjusted EBITDA margin target of 35% SAN FRANCISCO, May 01, 2024 (GLOBE NEWSWIRE) -- Upwork Inc. (Nasdaq: UPWK), the world’s largest work marketplace that connects businesses with independent talent from across the globe, today announced its financial results for the first quarter of 2024. “We drove strong ...
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