Will ERIC Stock Gain From the Expansion of Enterprise 5G Portfolio?
ZACKS· 2025-01-14 18:16
Ericsson (ERIC) recently introduced its new generative AI-driven NetCloud Assistant (ANA), a virtual expert designed to simplify the management of enterprise 5G networks. Unlike traditional chatbots that rely on search engines for pre-existing content, ANA provides personalized responses by correlating information from multiple technical documents alongside real-time insights from the customer's specific network, transforming days of work into seconds.Elaborating Further on ERIC’s AI-Driven Virtual Assistan ...
Boeing Stock Falls on Slowing Plane Deliveries
Investopedia· 2025-01-14 18:15
Boeing's Performance and Challenges - Boeing was the worst-performing stock in the Dow Jones Industrial Average on Tuesday due to declining plane deliveries [2][5] - Boeing delivered 57 commercial planes in Q4 2024, down from 157 a year ago, and 348 for the full year, down from 528 [2] - Airbus delivered 269 planes in Q4 2024 and 766 for the full year, its highest since 2019, widening the gap with Boeing [2] Impact of Labor Dispute - Boeing's Q4 production was impacted by a nearly two-month strike by union machinists, resolved in November with a new contract agreement [3] Safety and Operational Setbacks - Boeing is still recovering from the Alaska Airlines incident in January 2023, where a 737 MAX plane had a door panel detach midair [4] - The FAA stated that Boeing's safety turnaround plan is "not a one-year project" [4] - In December 2023, a 737-800 operated by Jeju Air crashed, killing 179 people, adding to Boeing's challenges [4] Stock Performance - Boeing's shares slid 3% intraday and have lost nearly a quarter of their value over the past year [5] - The company is set to report its Q4 results on January 28 [5]
Construction of its first solar power plant in Colombia
GlobeNewswire· 2025-01-14 18:10
Company Overview - Voltalia is an international renewable energy company with operations in 20 countries across 3 continents and over 2,000 employees [2] - The company has 3.3 GW of renewable energy capacity in operation and under construction, with a project development portfolio totaling 17.2 GW [4] - Voltalia is listed on Euronext Paris and included in several indices including Enternext Tech 40 and CAC Mid&Small [5] Colombia Market Expansion - Voltalia has been active in Colombia since 2019, developing a pipeline of over 350 MW of renewable energy projects [1] - The company is constructing its first solar power plant in Colombia, a 19.7 MW project in Tolima region [3][6] - The Los Venados project will use over 33,000 solar panels and is backed by a 15-year contract with private sector buyers [6] - The project is expected to cover annual electricity consumption of more than 40,000 inhabitants and avoid 23,000 tons of CO2 emissions annually [6] - Commissioning of the Los Venados project is scheduled for Q1 2026 [6] Business Model and Services - Voltalia produces and sells electricity from wind, solar, hydro, biomass, and storage facilities [4] - The company provides comprehensive services to renewable energy customers, including project design, operation, and maintenance [7] - Voltalia offers businesses a range of services from green electricity supply to energy efficiency solutions and local electricity production [7] Future Outlook - Voltalia sees significant growth potential in Colombia's renewable energy market, particularly in solar and wind energy [1] - The company is exploring new partnerships and greenfield project opportunities in Colombia [1]
Southwest Airlines hits pause on corporate hiring, promotions and summer internships to cut costs
New York Post· 2025-01-14 18:04
Southwest Airlines is hitting pause on corporate hiring, promotions and summer internships to cut costs after months of pressure from an activist investor.The Dallas-based airline is also halting its “Southwest Rallies,” a team-building program dating back to 1985 with free food and entertainment where company leaders speak to staffers about Southwest’s vision moving forward. 3 CEO Bob Jordan told staffers that Southwest will be pressing pause on corporate hiring and summer internships in a note on Monday ...
Groupe Porteur selected for the Gatineau-Ottawa tramway
GlobeNewswire· 2025-01-14 18:03
Project Overview - The Gatineau-Ottawa tramway project spans 24 km, with 22 km in Quebec and 2 km in Ontario, featuring a Y-shaped circuit with South (10.5 km) and North (7.5 km) branches, 37 stations, and 4 multimodal exchange hubs [2] - The project is scheduled for commissioning by 2035 [2] - The Société de transport de l'Outaouais awarded the contract for professional, technical, and multidisciplinary services to Groupe Porteur, which includes SYSTRA Canada, Egis, and EXP [5] Project Phases - The project involves three main phases: technical and environmental studies, procurement, and construction work supervision and commissioning tests [3] - Technical and environmental studies for the Quebec portion of the route (22 km) will begin in Spring 2025 [6] Companies Involved - Groupe Porteur, comprising SYSTRA Canada, Egis, and EXP, will support the TramGO Project Office through all phases of the C$114 million contract [9] - SYSTRA Canada, with its main office in Montréal since 1990, specializes in transportation consulting, engineering, and project management, with a global presence in 80 countries [7] - Egis, operating in 100 countries with 19,500 employees, focuses on architecture, consulting, construction engineering, and mobility services, emphasizing sustainable and resilient development [4] - EXP, with a heritage dating back to 1906, provides engineering, architecture, design, and consulting services globally, with a focus on innovative and sustainable solutions [8] Vision and Collaboration - The project aims to transform urban mobility and create sustainable connections between communities, with Groupe Porteur collaborating with architectural firms Richez_Associés and Provencher Roy [9] - The tramway is seen as more than a transit project, embodying a vision of sustainable mobility, infrastructure modernization, and urban development [10] - The project will integrate an efficient, sustainable, and innovative transportation system into the urban environments of Gatineau and Ottawa [9]
Notification of major shareholding – correction
GlobeNewswire· 2025-01-14 18:02
Company Announcement 14 January 2025Announcement No. 3 Notification of major shareholding – correctionThis Company Announcement is a correction to Company Announcement No. 2 of 14 January 2025. The name of the major shareholder has been corrected and aligned throughout the announcement. With reference to Section 30 of the Danish Capital Market Act, NKT A/S has been informed that Norges Bank has acquired share capital and voting rights in NKT A/S resulting in the 5% threshold for share capital to be passed. ...
SWTX Announces 2024 Preliminary Results, 2025 Goals, Stock Down
ZACKS· 2025-01-14 18:00
SpringWorks Therapeutics (SWTX) announced preliminary net product revenues for fourth-quarter and full-year 2024 for its sole marketed drug, Ogsiveo (nirogacestat). The drug is approved for treating adult patients with progressing desmoid tumors who require systemic treatment.The company also outlined some expected milestones related to its commercial portfolio and other pipeline candidates for 2025.Shares of SWTX were down 13.9% on Jan. 13 following the news announcement.In the past year, shares of SpringW ...
a.k.a. Brands (AKA) Soars 16.8%: Is Further Upside Left in the Stock?
ZACKS· 2025-01-14 18:00
a.k.a. Brands (AKA) shares soared 16.8% in the last trading session to close at $19.57. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 18.5% loss over the past four weeks.a.k.a. Brands reported strong preliminary financial results for the fourth quarter and fiscal year 2024, driven by robust performance in the U.S. market.This portfolio of online fashion brands is expected to post quarterly loss of $0.16 per share in its upcomin ...
Are You Looking for a Top Momentum Pick? Why FMC Technologies (FTI) is a Great Choice
ZACKS· 2025-01-14 18:00
Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even ...
Cheniere Energy (LNG) is a Great Momentum Stock: Should You Buy?
ZACKS· 2025-01-14 18:00
Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Whil ...