Articles from Business Wire

Palliser Capital Calls for Rio Tinto to Unify Dual Listing
Palliser Capital (“Palliser”), an investor with a significant economic position in Rio Tinto Plc (LSE: RIO) and Rio Tinto Limited (ASX: RIO), collectively referred to as “Rio Tinto” or “the Company”), today released a presentation and letter to the Rio Tinto Board of Directors (“the Board”) calling for the unification of their dual listed company structure on the London Stock Exchange and Australian Stock Exchange into a single Australian domiciled holding company.
By Palliser Capital · Via Business Wire · December 4, 2024
Rio Tinto investing for a stronger, more diversified portfolio
Rio Tinto will today hold its 2024 Investor Seminar in London, where it will provide updates on its strategy of investing for a stronger, more diversified and growing portfolio to ensure the long-term delivery of attractive shareholder returns.
By Rio Tinto · Via Business Wire · December 4, 2024
Rio Tinto signs new partnership agreement to study low carbon aluminium project in Finland
Rio Tinto has entered into a partnership agreement with the Swedish investment company Vargas, Mitsubishi Corporation and other international and local industry partners to study a low carbon aluminium greenfield opportunity in Finland.
By Rio Tinto · Via Business Wire · December 4, 2024
indie Semiconductor Announces Pricing of Private Offering
indie Semiconductor, Inc. (“indie” or “we”) (NASDAQ: INDI), an automotive solutions innovator, today announced the pricing of its offering of $190 million aggregate principal amount of its 3.50% Convertible Senior Notes due 2029 (the “notes”) through a private offering to persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). The offering was upsized from the originally announced offering of $175 million aggregate principal amount of notes. indie has also granted the initial purchasers in the offering an option to purchase, during a 13-day period beginning on, and including, the date on which the notes are first issued, up to an additional $28.5 million aggregate principal amount of notes. The offering is expected to close on December 6, 2024, subject to customary closing conditions.
By indie Semiconductor · Via Business Wire · December 4, 2024
Faraday Future Appoints Veteran Automotive Technology Expert and Industry Leader Dr. Lei Gu to President of FX Global EV R&D Center
Faraday Future Intelligent Electric Inc. (Nasdaq: FFIE) (“FF”, “Faraday Future”, or the “Company”), a California-based global shared intelligent electric mobility ecosystem company, today announced that Dr. Lei Gu, a pioneering figure in China's automotive industry and an expert in vehicle development and safety technology, will join FF as President of FX Global EV Research and Development (R&D) Center and Vehicle Line Executive (VLE) for the FX 6.
e.l.f. Beauty to Screen New Episode of Show Your(s)e.l.f. Featuring Viktoria Modesta with Tribeca Festival at Art Basel Miami Beach
e.l.f. Beauty (NYSE: ELF) is proud to debut the new episode of its acclaimed Show Your(s)e.l.f. film series, featuring the visionary bionic pop artist Viktoria Modesta. This latest episode will screen on Dec. 5 at the Tribeca Festival at Art Basel Miami Beach, marking another milestone in e.l.f.’s ambition to celebrate self-expression, inclusivity and the power of resilience. e.l.f. and Tribeca Festival will come together to show what’s possible at the intersection of art, beauty and film.
By e.l.f. Beauty · Via Business Wire · December 4, 2024
LTIMindtree Announces Partnership and Strategic Investment in Voicing.AI, An Agentic AI Solution for Customer Engagement Processes
LTIMindtree USA Inc., a wholly owned subsidiary of LTIMindtree [NSE: LTIM, BSE: 540005], a global technology consulting and digital solutions company, announced a partnership, including a strategic investment in Voicing.AI, a next-generation start-up. This partnership aligns with LTIMindtree’s strategy, AI in everything, Everything for AI and AI for Everyone. Voicing.AI’s proprietary technology brings human-like voice capability across more than 20 languages with conversational, contextual, and emotional intelligence, in what is typically referred to as ‘agentic AI’.
By LTIMindtree · Via Business Wire · December 3, 2024
L&T Technology Services Secures $50 Million Deal as a Strategic Partner From a Global Network Provider
L&T Technology Services Limited (BSE: 540115, NSE: LTTS), a global leader in engineering and technology services, announced its selection by a leading global network solutions firm to provide Product Integration Services in North America, ensuring seamless deployment and support for customers across the region.
By L&T Technology Services Limited · Via Business Wire · December 3, 2024
FPT Leverages AI to Optimize Legacy Systems for Enterprises
Speaking at the recent FPT Techday 2024 event to over 600 global business leaders and thousands of tech experts and enthusiasts, Pham Minh Tuan, Executive Vice President of FPT Corporation and CEO of FPT Software, emphasized the critical need to modernize legacy systems—often the operational backbone for long-established enterprises, and FPT’s commitment to making legacy modernization more agile by leveraging Artificial Intelligence (AI).
By FPT Corporation · Via Business Wire · December 3, 2024
The Law Offices of Frank R. Cruz Announces Investigation of Customers Bancorp, Inc. (CUBI) on Behalf of Investors
The Law Offices of Frank R. Cruz announces an investigation of Customers Bancorp, Inc. (“Customers Bancorp” or the “Company”) (NYSE: CUBI) on behalf of investors concerning the Company’s possible violations of federal securities laws.
By The Law Offices of Frank R. Cruz · Via Business Wire · December 3, 2024
NEDO Announced the Results of Its Post-5G Systems R&D Project, in Collaboration with Gigaphoton
Gigaphoton Inc. (Head Office: Oyama, Tochigi; President and CEO: Tatsuo Enami), a manufacturer of lightsources for semiconductor lithography, announced that a press release in collaboration with NEDO (New Energy and Industrial Technology Development Organization) has been published on NEDO's website.
By Gigaphoton Inc. · Via Business Wire · December 3, 2024
INVESTOR ALERT: Law Offices of Howard G. Smith Announces the Filing of a Securities Class Action on Behalf of Symbotic Inc. (SYM) Investors
Law Offices of Howard G. Smith announces that a class action lawsuit has been filed on behalf of investors who purchased Symbotic Inc. (“Symbotic” or the “Company”) (NASDAQ: SYM) securities between February 8, 2024, and November 26, 2024, inclusive (the “Class Period”). Symbotic investors have until February 3, 2025 to file a lead plaintiff motion.
By Law Offices of Howard G. Smith · Via Business Wire · December 3, 2024
Golub Capital Announces Multi-Year Partnership with the NYU Impact Investment Fund, a Joint Venture with NYU Stern School of Business, NYU Wagner and NYU Abu Dhabi
Golub Capital today announced a three-year partnership with the New York University Impact Investment Fund (“NIIF”), a student-led venture that drives impact capital toward early-stage social enterprises and provides students at NYU Stern, NYU Wagner and NYU Abu Dhabi with hands-on experience in managing an impact investing fund.
By Golub Capital · Via Business Wire · December 3, 2024
BDx Data Centers Introduces Indonesia’s First Sovereign AI Data Center, Built With NVIDIA Accelerated Computing
BDx Indonesia, a joint venture between Indosat Ooredoo Hutchison (Indosat or IOH), Lintasarta, and BDx Data Centers (BDx), has recently launched an AI data center park in Indonesia. The phase 1 deployment of the renewable energy-powered CGK4 AI campus is equipped with NVIDIA’s AI and accelerated computing platform. Guided by the spirit of Gotong Royong, this collaboration is dedicated to advancing the country’s vision of becoming an AI-first nation.
By BDx Data Centers · Via Business Wire · December 3, 2024
Crescent Energy Company Announces Pricing of Upsized Public Offering of Class A Common Stock
Crescent Energy Company (“Crescent” or the “Company”) (NYSE: CRGY) today announced the pricing of an underwritten, upsized public offering of 21,500,000 shares of its Class A common stock, par value $0.0001 per share (“Class A common stock”), at a price to the public of $14.00 per share, pursuant to an effective shelf registration statement on Form S-3 (the “Registration Statement”) filed previously with the U.S. Securities and Exchange Commission (the “SEC”). The 21,500,000 share offering represents a 3,500,000 share upsize to the originally proposed 18,000,000 share offering.
By Crescent Energy · Via Business Wire · December 3, 2024
Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of Symbotic Inc. (SYM) on Behalf of Investors
Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Symbotic Inc. (“Symbotic” or the “Company”) (NASDAQ: SYM) investors concerning the Company’s possible violations of the federal securities laws.
By Glancy Prongay & Murray LLP · Via Business Wire · December 3, 2024
The Law Offices of Frank R. Cruz Announces Investigation of AstraZeneca PLC (AZN) on Behalf of Investors
The Law Offices of Frank R. Cruz announces an investigation of AstraZeneca PLC (“AstraZeneca” or the “Company”) (NASDAQ: AZN) on behalf of investors concerning the Company’s possible violations of federal securities laws.
By The Law Offices of Frank R. Cruz · Via Business Wire · December 3, 2024
Backblaze Announces Inducement Grants under Nasdaq Listing Rule 5635(c)(4)
Backblaze, Inc. (Nasdaq: BLZE), the cloud storage innovator providing a modern alternative to traditional cloud providers, today announced that it has granted equity awards on November 29, 2024 as their new hire awards and a material inducement to employment by the Company of its recently hired Chief Financial Officer, Marc Suidan, and Chief Revenue Officer, Jason Wakeam.
By Backblaze, Inc. · Via Business Wire · December 3, 2024
F5 to Participate in Upcoming Financial Conferences
F5, Inc. (NASDAQ: FFIV) today announced that it will participate in two upcoming financial conferences:
By F5, Inc. · Via Business Wire · December 3, 2024
Coterra Energy Announces Pricing of $1.5 Billion of Senior Unsecured Notes
Coterra Energy Inc. ("Coterra") (NYSE: CTRA) announced today that it has priced an offering of $750 million aggregate principal amount of senior unsecured notes due 2035, which will carry an interest rate of 5.40% (the "2035 notes"), and $750 million aggregate principal amount of senior unsecured notes due 2055, which will carry an interest rate of 5.90% (the "2055 notes" and, together with the 2035 notes, the "notes"). The offering is expected to close on December 17, 2024, subject to the satisfaction of customary closing conditions.
By Coterra Energy Inc. · Via Business Wire · December 3, 2024
SYM Investors Have Opportunity to Lead Symbotic Inc. Securities Fraud Lawsuit with the Schall Law Firm
The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Symbotic Inc. (“Symbotic” or “the Company”) (NASDAQ: SYM) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.
By The Schall Law Firm · Via Business Wire · December 3, 2024
LAOIX, WATFX, WACPX Investors Have Opportunity to Join Western Asset Management Company Securities Fraud Investigation with the Schall Law Firm
The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of mutual fund investors of Western Asset Management Company (“Western Asset” or “the Company”) (LAOIX, WATFX, WACPX) for violations of the securities laws.
By The Schall Law Firm · Via Business Wire · December 3, 2024
DEADLINE ALERT: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Symbotic
Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Symbotic Inc. (“Symbotic” or the “Company”) (NASDAQ: SYM) and reminds investors of the February 3, 2025 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.
By Faruqi & Faruqi, LLP · Via Business Wire · December 3, 2024
Hestia Capital Management Discloses Additional Information Regarding 10b5-1 Plan at Pitney Bowes
Hestia Capital Management, LLC (collectively with its affiliates, “Hestia” or “we”), a large shareholder of Pitney Bowes, Inc. (NYSE: PBI) (“Pitney Bowes” or the “Company”), today provided additional detail on its Managing Member’s 10b5-1 Plan (the “Plan”) at the Company. Hestia’s Managing Member, Kurt Wolf, has served on Pitney Bowes’ Board of Directors since 2023 and intends to be a long-serving director and shareholder. Mr. Wolf recently put in place a Plan that is structurally similar to ones established by directors, including those who run investment management firms, at other public companies.
By Hestia Capital Management, LLC · Via Business Wire · December 3, 2024
Avolon Announces Pricing of US$1.5 Billion Senior Unsecured Notes Offering
Avolon Holdings Limited (“Avolon”), a leading global aviation finance company, announces the pricing of a private offering (the “Offering”) by its wholly owned subsidiary, Avolon Holdings Funding Limited, for a principal aggregate amount of US$1.5 billion of senior unsecured notes.
By Avolon · Via Business Wire · December 3, 2024