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Philips delivers growth, improved profitability, and strong cash flow in Q4 and 2024; continues solid execution of its three-year plan

Philips delivers growth, improved profitability, and strong cash flow in Q4 and 2024; continues solid execution of its three-year plan

February 19, 2025 Full Year and Q4 Group performance highlights Sales of EUR 18.0 billion in 2024, comparable sales growth 1%; EUR 5.0 billion in Q4, comparable sales growth 1%, despite double-digit decline in China Comparable order intake increased 1% in 2024; up 2% in Q4, despite double-digit decline in China Income from operations was [...]

Constellation Brands Announces Departure of E. Yuri Hermida, Executive Vice President, Chief Growth & Strategy Officer

Constellation Brands Announces Departure of E. Yuri Hermida, Executive Vice President, Chief Growth & Strategy Officer

Mallika Monteiro to serve as interim Chief Growth & Strategy Officer, in addition to her current responsibilities as Executive Vice President, Managing Director – Beer Brands ROCHESTER, N.Y., Feb. 18, 2025 (GLOBE NEWSWIRE) – Constellation Brands (NYSE: STZ), a leading beverage alcohol company, today announced that E. Yuri Hermida, Executive Vice President, Chief Growth & Strategy [...]

Teva to Host Conference Call on February 24, 2025 to Discuss New Data Presented for Duvakitug (anti-TL1A) Positive Phase 2b Results at the 20th Annual Congress of the European Crohn’s and Colitis Organisation (ECCO)

Teva to Host Conference Call on February 24, 2025 to Discuss New Data Presented for Duvakitug (anti-TL1A) Positive Phase 2b Results at the 20th Annual Congress of the European Crohn’s and Colitis Organisation (ECCO)

TEL AVIV, Israel, Feb. 18, 2025 (Korea Bizwire) — Teva Pharmaceutical Industries Ltd. (NYSE and TASE: TEVA) announced today that it will conduct a conference call and live webcast at 8 am E.T. on Monday, February 24, 2025. During the conference call, Eric Hughes, MD, PhD, Executive Vice President of Global R&D and Chief Medical [...]

SiriusPoint Reports Ninth Consecutive Quarter of Underwriting Profits with FY Core Combined Ratio of 91.0%

SiriusPoint Reports Ninth Consecutive Quarter of Underwriting Profits with FY Core Combined Ratio of 91.0%

HAMILTON, Bermuda, Feb. 18, 2025 (Korea Bizwire) — SiriusPoint Ltd. (“SiriusPoint” or the “Company”) (NYSE:SPNT) today announced results for its fourth quarter ended December 31, 2024 Combined ratio of 90.2% in the fourth quarter for Core business, representing a 3.2 point improvement versus prior year, resulting in a full year 2024 Core combined ratio of [...]

Mavenir and EdgeQ Introduce Industry’s First Software-Defined 4G and 5G Next Generation Small Cells for Neutral Host and Urban Densification

Mavenir and EdgeQ Introduce Industry’s First Software-Defined 4G and 5G Next Generation Small Cells for Neutral Host and Urban Densification

Companies bring together multi-generation expertise to deliver flexible, rapidly deployable and low-power small cells for indoor and outdoor environments RICHARDSON, Texas, Feb. 18, 2025 (Korea Bizwire) – Mavenir, the cloud-native network infrastructure provider building the future of networks, and EdgeQ, a leader in 5G wireless infrastructure, unveil the next generation of indoor and outdoor small cells [...]

VCI Global CEO Announces US$13.3 Million Share Purchase Plan at a Premium, Reinforcing Confidence in Future Growth of the Company

VCI Global CEO Announces US$13.3 Million Share Purchase Plan at a Premium, Reinforcing Confidence in Future Growth of the Company

Shares Subscription Program Demonstrates CEO’s Confidence in Company’s Expansion into AI Infrastructure, Cybersecurity, and Renewable Energy KUALA LUMPUR, Malaysia, Feb. 18, 2025 (Korea Bizwire) – VCI Global Limited (NASDAQ: VCIG) (“VCI Global” or the “Company”), a high-growth company with a strategic focus on AI & robotics, fintech, cybersecurity, renewable energy, and capital market consultancy, today [...]

Pioneering new Standards in High Bandwidth Connectivity with Cavli CQM200 5G NR Cellular IoT Module

Pioneering new Standards in High Bandwidth Connectivity with Cavli CQM200 5G NR Cellular IoT Module

The CQM200 5G NR Sub-6 IoT Module sets new benchmarks for data speeds and carrier aggregation, making it the ideal choice for high-bandwidth IoT solutions across Industry 4.0, smart cities, and beyond SAN JOSE, Calif., Feb. 18, 2025 (Korea Bizwire) – Cavli Wireless, a leading innovator in IoT solutions, is thrilled to announce the unveiling of [...]

World First: TMC and PAMCO Achieve a New Nodule Processing Milestone, Unlocking Critical Energy & Steelmaking Materials at Existing Facilities

World First: TMC and PAMCO Achieve a New Nodule Processing Milestone, Unlocking Critical Energy & Steelmaking Materials at Existing Facilities

TMC and PAMCO have successfully demonstrated the production flowsheet for its initial commercial production using a 2,000-tonne sample of nodules collected during TMC subsidiary Nauru Ocean Resources Inc.’s 2022 test mining, at PAMCO’s commercial operating facility in Hachinohe, Japan Following the commercial-scale production of calcine in September 2024, PAMCO engineers fed calcine material into the company’s 3,000 kVA DC [...]

WillScot Broadens Capital Allocation by Initiating Cash Dividend Program

WillScot Broadens Capital Allocation by Initiating Cash Dividend Program

PHOENIX, Feb. 18, 2025 (Korea Bizwire) – WillScot Holdings Corporation (“WillScot” or the “Company”) (Nasdaq: WSC), a leader in innovative temporary flexible space solutions, today announced that its Board of Directors (“Board”) has declared the initiation of a quarterly cash dividend program consistent with the Company’s commitment to returning capital to shareholders, while continuing to invest in [...]

FDH Aero Names Ian Walsh as Chief Executive Officer

FDH Aero Names Ian Walsh as Chief Executive Officer

COMMERCE, Calif., Feb. 18, 2025 (Korea Bizwire) – FDH Aero (“FDH”), a global provider of supply chain solutions for the aerospace and defense industry, announced today that Ian Walsh has been appointed as Chief Executive Officer, effective immediately. Walsh succeeds Scott Tucker, who will continue to support FDH in an advisory capacity as its non-executive [...]