CFO to focus on continuing Flex's momentum in creating shareholder value and achieving long-term financial success in line with the company's transformational goalsAUSTIN, Texas, Nov. 22, 2024 /PRNewswire/ -- Flex (NASDAQ: FLEX) today announced that Kevin S. Krumm will join the company as Chief Financial Officer (CFO), effective January 6, 2025. He will succeed Jaime Martinez, interim CFO, who will remain with Flex and support a smooth transition. Reporting to Flex CEO Revathi Advaithi, Mr. Krumm will focus ...

I am a voracious reader and self-taught investor. In the past, I was an accountant in the maritime industry. Now, I am a happy retiree passionate about writing and financial markets. As the kids are grown up, I have time to pursue my endeavors: growing my portfolio and developing my writing skills. You will find enticing investment ideas in KD Research that are not limited by region or sector. However, all of them share a few common things: • They are overlooked. • They offer asymmetric risk rewards. • They ...

Have you been paying attention to shares of Flex (FLEX) ? Shares have been on the move with the stock up 16.8% over the past month. The stock hit a new 52-week high of $40.48 in the previous session. Flex has gained 30.8% since the start of the year compared to the 28.4% move for the Zacks Computer and Technology sector and the -23.2% return for the Zacks Electronics - Miscellaneous Products industry.What's Driving the Outperformance?The stock has an impressive record of positive earnings surprises, as it h ...

AUSTIN, Texas, Nov. 20, 2024 /PRNewswire/ -- Flex (NASDAQ: FLEX) announced today that it has completed its previously announced $325 million all-cash acquisition of Crown Technical Systems, a leader in fully integrated power distribution and protection systems.The acquisition further increases Flex exposure to fast-growing, margin accretive end-markets, including modular data center adoption and medium voltage power distribution, and extends the company's power portfolio into the utility power market. Addit ...

Investors looking for stocks in the Electronics - Miscellaneous Products sector might want to consider either Flex (FLEX) or Rockwell Automation (ROK) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look.Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The Zacks Rank favors stocks with strong ear ...

The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors use fundamental analysis and traditional valuation m ...

The addition of advanced liquid cooling technology addresses increased heat requirements across the full spectrum of AI workloads and high-performance computingAUSTIN, Texas, Nov. 14, 2024 /PRNewswire/ -- Flex (NASDAQ: FLEX) announced today it has acquired JetCool Technologies, a leading liquid cooling company for data centers. The acquisition bolsters Flex's data center and power portfolio to help hyperscale and enterprise customers solve growing power, heat, and scale challenges in the era of AI. Building ...

Core Insights - ReShape Lifesciences has received an updated Medical Device License from Health Canada for its next generation Lap-Band® 2.0 FLEX and Tubing Kit, marking a significant milestone and growth catalyst for the company's Lap-Band® franchise [1][2] Product Details - The enhanced Lap-Band® 2.0 FLEX was designed based on physician feedback to improve patient experience, featuring adjustable band openings for optimizing eating habits and comfort [2] - The new Flex technology acts as a relief valve, allowing larger food pieces to pass through more easily, minimizing discomfort during swallowing [2] - Initial market release in the U.S. has received overwhelmingly positive feedback from surgeons, with data being analyzed to support the upcoming U.S. commercial launch [2] Company Overview - ReShape Lifesciences is a leading company in weight loss and metabolic health solutions, offering a range of products including the FDA-approved Lap-Band® System, which provides a minimally invasive treatment for obesity [3] - The company also has investigational products like the Diabetes Bloc-Stim Neuromodulation™ (DBSN™) system for type 2 diabetes and the non-surgical Obalon® balloon technology for weight loss [3]

HAMILTON, Bermuda, Nov. 12, 2024 /PRNewswire/ -- Flex LNG Ltd. ("Flex LNG" or the "Company") today announced its unaudited financial results for the nine months ended September 30, 2024.Highlights:* Vessel operating revenues of $90.5 million for the third quarter 2024, compared to $84.7 million for the second quarter 2024.* Net income of $17.4 million and basic earnings per share of $0.32 for the third quarter 2024, compared to net income of $21.8 million and basic earnings per share of $0.41 for the second ...

HAMILTON, Bermuda, Nov. 12, 2024 /PRNewswire/ -- Key information relating to the cash distribution to be paid by Flex LNG Ltd. ("Company") for the third quarter 2024. The distribution will be made from the Company's Contributed Surplus Account.Please note that from May 28, 2024, the standard settlement cycle for transactions executed in securities traded on the New York Stock Exchange ("NYSE") will be shortened from T+2 to T+1 (of which T equals trading date), while the Oslo Stock Exchange ("OSE") will cont ...