Nordstrom on Friday raised its full-year sales outlook, after holiday shopping at its stores and on its website came in stronger than the department store's cautious expectations.The company stuck by its profit guidance, despite the higher sales guidance.The Seattle-based retailer said it now expects full-year revenue growth of 1.5% to 2.5%, including the impact of having one fewer fiscal week. That compares to its previous outlook of flat to up 1%.Nordstrom struck a conservative note with its outlook in la ...

Electric vehicle company Faraday Future Intelligent Electric Inc FFIE was one of the many companies that presented or showed off new products, concepts and company growth initiatives at the 2025 CES conference.An electric vehicle media outlet is skeptical of the company's latest plan for growth.What Happened: When it comes to Faraday Future, the company has focused on the premium electric vehicles sector with the FF 91 having a cost of more than $300,000.The company now plans to grow with its new Faraday X ...

NEW YORK, Jan. 10, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Wolfspeed, Inc. (NYSE: WOLF) between August 16, 2023 and November 6, 2024, both dates inclusive (the “Class Period”), of the important January 17, 2025 lead plaintiff deadline. SO WHAT: If you purchased Wolfspeed securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. WHAT TO DO NEXT: To join ...

NEW YORK, Jan. 10, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Wolfspeed, Inc. (NYSE: WOLF) between August 16, 2023 and November 6, 2024, both dates inclusive (the “Class Period”), of the important January 17, 2025 lead plaintiff deadline. SO WHAT: If you purchased Wolfspeed securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. WHAT TO DO NEXT: To join ...

HOUSTON, Jan. 10, 2025 (GLOBE NEWSWIRE) -- Freight Technologies, Inc. (Nasdaq: FRGT) (“Fr8Tech'' or “Freight Technologies'' or the “Company”), a logistics management innovation company, offering a diverse portfolio of technology-driven solutions that address distinct challenges within the supply chain ecosystem, today announced that it has changed its independent registered public accounting and auditing firm from Marcum LLP (“Marcum” or “Former Auditor”) to TAAD LLP (“TAAD” or Successor Auditor”), effectiv ...

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NEW YORK, Jan. 10, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of ordinary shares, including those that purchased call options and/or sold put options of ASML Holding N.V. (NASDAQ: ASML) between January 24, 2024 and October 15, 2024, both dates inclusive (the “Class Period”), of the important January 13, 2025 lead plaintiff deadline. SO WHAT: If you purchased ASML ordinary shares and/or purchased call options and/or sold put options during the Class P ...

DUBLIN, Jan. 10, 2025 /PRNewswire/ -- Aon plc (NYSE: AON), a leading global professional services firm, plans to announce fourth quarter and full year results on Friday, January 31, 2025, in a news release to be issued at 5:00 am Central Time. Greg Case, CEO of Aon, will host a conference call at 7:30 am CT on Friday, January 31, 2025. The conference call will be broadcast live through Aon's website at www.aon.com. A replay will be available shortly after the live webcast. The earnings release and supplemen ...

HONG KONG, Jan. 10, 2025 (GLOBE NEWSWIRE) -- Raytech Holding Limited (the "Company" or "RAY"), a Hong Kong-headquartered company specializing in design, sourcing and wholesale of personal care electrical appliances for international brand owners, today announced its financial results for the six months ended September 30, 2024. CHING Tim Hoi, CEO and Chairman of the Company, commented, "The Company achieved a notable 31.0% increase in revenue for the six months ended September 30, 2024, reaching HKD 43.2 mi ...

Company Overview - REE Automotive is an automotive technology company that enables the construction of electric vehicles (EVs) of various shapes and sizes using its modular platforms [2] - The company's REEcorner® technology integrates critical vehicle components (steering, braking, suspension, powertrain, and control) into a single compact module, eliminating the need for mechanical connections [2] - REE's by-wire technology allows for the creation of the industry's flattest EV platforms, providing more space for passengers, cargo, and batteries [2] - The company's platforms are future-proofed, autonomous-capable, and offer a low total cost of ownership (TCO), significantly reducing the time to market for fleet electrification [2] Upcoming Event - REE Automotive will participate in the 27th Annual Needham Growth Conference in New York City on January 14, 2025 [3] - Company leadership, including CEO and co-founder Daniel Barel, CFO Hai Aviv, and Chief Strategy Officer Dana Rubenstein, will engage in 1-on-1 meetings to discuss the company's software-defined vehicle (SDV) technology, market opportunities, and future goals [3] Contact Information - Media inquiries can be directed to Malory Van Guilder at Skyya PR for REE Automotive [1] - Investor inquiries can be directed to Dana Rubinstein, Chief Strategy Officer for REE Automotive [1] - Additional information about REE Automotive's patented technology and unique value proposition can be found on their website [4]