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Orbia announces the commencement of cash tender offer and consent solicitation
MEXICO CITY--(BUSINESS WIRE)--Orbia Advance Corporation, S.A.B. de C.V. (“Orbia”) (BMV: ORBIA*), announces that today, it launched an offer to purchase for cash (the “Tender Offer”) any and all of the outstanding 1.875% Senior Notes due 2026 issued by Orbia (the “Notes”). The relevant consideration payment summary for the Notes is as follows: Notes Principal Amount Outstanding Reference U.S. Treasury Security(1) Bloomberg Reference page Fixed Spread (basis points)(2) Early Tender Payment (3)(4)...
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GAC PICKUP 01 Global Debut: Redefining the Pinnacle of Pickup Trucks with "OmniTerrain Concept"
SHANGHAI--(BUSINESS WIRE)--At the 2025 Shanghai International Auto Show, GAC Group unveiled its first sci-tech aesthetic pickup concept vehicle—the GAC PICKUP 01—redefining multi-scenario value for pickups through its "OmniTerrain Pickup" philosophy. Integrating passenger-car design, intelligent technology, and global-quality standards, this model represents GAC's strategic entry into the pickup market. The GAC PICKUP 01 breaks conventional pickup design with a bold exterior language combining...
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IonQ Announces $22M Deal with EPB Establishing Chattanooga, Tennessee as the First Quantum Computing & Networking Hub in the U.S.
COLLEGE PARK, Md.--(BUSINESS WIRE)--IonQ (NYSE: IONQ), the leading commercial quantum computing and networking company, today announced the joint development of a new quantum innovation center with EPB of Chattanooga, a leading energy and communications company. This strategic partnership will further establish Chattanooga as the catalyst in Tennessee's emergence as the national hub for quantum innovation. The EPB Quantum Center will house a state-of-the art IonQ Forte Enterprise quantum comput...
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Wolfspeed, Inc. Announces Date of Fiscal Third Quarter Earnings Call for May 8, 2025
DURHAM, N.C.--(BUSINESS WIRE)--Wolfspeed, Inc. (NYSE: WOLF), the global leader in silicon carbide technology, will conduct a conference call and audio webcast to discuss its third quarter results on Thursday, May 8, 2025, at 5:00 pm Eastern Standard Time. The call will be hosted by Thomas Werner, chairman of the board, Robert Feurle, chief executive officer, and Neill Reynolds, chief financial officer. A live webcast of the earnings conference call along with the earnings release will be availa...
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PHINIA Reports First Quarter 2025 Results
AUBURN HILLS, Mich.--(BUSINESS WIRE)--PHINIA Inc. (NYSE: PHIN), a leader in premium fuel systems, electrical systems, and aftermarket solutions, today reported results for the first quarter ended March 31, 2025. First Quarter Highlights: Net sales of $796 million, a decrease of 7.8% compared with Q1 2024. Excluding the decreases related to foreign currency and contract manufacturing agreements that ended in 2024, $16 million and $17 million, respectively, sales decreased $34 million or 4.1%, dr...
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Faraday Future Announces that Company Founder YT Jia is Appointed Co-CEO of FF, Targeting Tens of Thousands of FX Units to Be Sold Within Two Years of Production.
LOS ANGELES--(BUSINESS WIRE)--Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) (“Faraday Future”, “FF” or the “Company”), a California-based global shared intelligent electric mobility ecosystem company, today announced that FF Founder and current Chief Product and User Ecosystem Officer (CPUO), YT Jia, has been appointed Co-CEO of the Company. YT will add finance, legal, and supply chain to his direct reporting lines with the current Global CEO of FF, Matthias Aydt, in addition to his c...
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Snap-on Incorporated Declares Quarterly Dividend
KENOSHA, Wis.--(BUSINESS WIRE)--The Snap-on board declared a quarterly dividend of $2.14 per share payable June 10, 2025, to shareholders of record on May 20, 2025....
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Orion S.A. Declares Interim Quarterly Dividend
HOUSTON--(BUSINESS WIRE)--Orion S.A. (NYSE: OEC), a global specialty chemicals company, today announced that its Board of Directors has declared an interim dividend to be paid in the third quarter of 2025 of $0.0207 per common share of the company, which is equivalent to the aggregate amount of approximately $1.2 million based on the number of common shares currently outstanding. The interim dividend will be paid on July 2, 2025, to holders of record as of the close of business in New York on J...
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SES AI Reports First Quarter 2025 Financial Results
WOBURN, Mass.--(BUSINESS WIRE)--SES AI Corporation (“SES AI”) (NYSE: SES), a global leader in the development and manufacturing of AI-enhanced high-performance Li-Metal and Li-ion batteries, today announced its business results for the first quarter ended March 31, 2025 and affirmed its financial guidance for the year ending December 31, 2025. The Company posted a Letter to Our Shareholders on its Investor Relations website from Founder and CEO Dr. Qichao Hu and Chief Financial Officer Jing Nea...
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STRATTEC SECURITY CORPORATION Announces Third Quarter Fiscal Year 2025 Financial Results Conference Call and Webcast
MILWAUKEE--(BUSINESS WIRE)--STRATTEC SECURITY CORPORATION (Nasdaq: STRT) Announces Third Quarter Fiscal Year 2025 Financial Results Conference Call and Webcast...