Weibo Corporation to Report First Quarter 2025 Financial Results on May 21, 2025
Prnewswire· 2025-04-25 09:00
BEIJING, April 25, 2025 /PRNewswire/ -- Weibo Corporation (NASDAQ: WB and HKEX: 9898), a leading social media for people to create, share and discover content, will announce its unaudited financial results for the first quarter 2025 before the U.S. market opens on Wednesday, May 21, 2025. Following the announcement, Weibo's management team will host a conference call from 7 AM – 8 AM Eastern Time on May 21, 2025 (or 7 PM – 8 PM Beijing Time on May 21, 2025) to present an overview of the Company's financial ...
Portland General Electric Announces First Quarter 2025 Results
Prnewswire· 2025-04-25 09:00
First quarter financial results reflect strong energy demand from high-tech and data centers, which drove total quarter-over-quarter load growth of 4.6% and 16.4% industrial load growth Reaffirming 2025 adjusted earnings guidance of $3.13 to $3.33 per diluted share PORTLAND, Ore., April 25, 2025 /PRNewswire/ -- Portland General Electric Company (NYSE: POR) today reported net income based on generally accepted accounting principles (GAAP) of $100 million, or $0.91 per diluted share, for the first quarter o ...
AS PRFoods resolutions of the Shareholders
GlobeNewswire· 2025-04-25 08:42
AS PRFoods resolutions of the Shareholders adopted by the General Meeting of Shareholders of AS PRFoods on 24.04.2025 without calling a meeting The general meeting of shareholders (the Meeting) of AS PRFoods (the Company) was held without convening a meeting in accordance with § 2991 of the Commercial Code. The voting took place via submitting the voting ballots during the period from 03.04.2025 to 24.04.2025. According to the Commercial Code, in the event of non-voting, the shareholder is deemed to have vo ...
Tallinna Vesi’s Supervisory Council approved the annual report for 2024 and the dividend proposal
GlobeNewswire· 2025-04-25 08:04
Financial Results - The Supervisory Council of AS Tallinna Vesi approved the audited annual report for 2024, which will be submitted to the Annual General Meeting of Shareholders for approval. The fourth-quarter sales were €17.67 million, unchanged from the unaudited results published earlier [1] Dividend Policy - Tallinna Vesi has established a dividend policy that aims to provide clarity to investors, proposing to distribute 50–80% of the annual profit as dividends. The actual amount is determined annually based on earnings, investment needs, liquidity, and long-term financial goals [2] Dividend Proposal - The Management Board proposes to distribute €0.53 per share as dividends for 2024, which represents 80% of the net profit for the year. The total amount to be distributed as dividends is €10,600 thousand from the consolidated retained earnings of €82,141 thousand as of 31/12/2024 [3][4][5] - The record date for shareholders entitled to dividends is set for 10/06/2025, with the ex-day on 09/06/2025. Dividends will be paid on 17 June 2025 [3]
AS Tallinna Vesi held an investor conference webinar to introduce the results of the first quarter of 2025
GlobeNewswire· 2025-04-25 07:51
Core Insights - AS Tallinna Vesi held an investor conference webinar on April 25, 2025, where key executives presented the company's performance for the first quarter of 2025 [1] Financial Performance - The financial and operational results for the first quarter of 2025 were discussed during the webinar, with details available for further review [1]
Global surge in energy innovation as TERA-Award draws record-breaking 785 entries
GlobeNewswire· 2025-04-25 07:32
Core Insights - The TERA-Award has achieved record participation with 785 submissions from 76 countries, highlighting a global push for climate tech solutions [1][2][3] - The competition focuses on six categories, with Renewable Energy being the most prominent, showcasing innovations in green fuels, hydrogen technology, smart energy systems, and sustainable infrastructure [2][3] - The TERA-Award serves as a global platform for energy innovation, with significant contributions from the US (12.5%), UK (6.2%), India (8.7%), China (18.1%), and Hong Kong (5.5%) [3] Industry Impact - The TERA-Award not only offers a US$1 million grand prize but also has a history of transforming innovative ideas into commercial products, as seen with previous participants like i2Cool and Luquos Energy [4][5] - The competition is backed by industry leaders such as Towngas, providing participants with access to resources that can be more valuable than monetary awards [7] - The judging phase will be led by Professor Cui Yi, focusing on technological innovation, commercial viability, scalability, and potential global impact [6] Future Outlook - Winners will be announced in July 2025, with expectations that the competition will continue to discover promising energy startups to combat the climate crisis [11]
Terranet publishes the annual report for 2024
GlobeNewswire· 2025-04-25 07:30
Terranet AB (publ) today publishes the annual report for 2024, including the corporate governance report and the auditor’s report. The report is available at the company’s website www.terranet.se/en/reports This information is such that Terranet AB is required to make public in accordance with the EU’s Market Abuse Regulation (MAR). The information was made public by the Company’s contact person below on 25 April 2025, at 09.30 CET. For more information, please contact:Lars Lindell, VDE-mail: lars.lindell@t ...
Changes planned in the Management Board and the Supervisory Board of Hepsor
GlobeNewswire· 2025-04-25 06:19
Company Overview - Hepsor AS has grown into one of the largest real estate development companies in Estonia and Latvia over the past 14 years, and in 2023, it expanded into the Canadian market [2] - The company was listed on the stock exchange in 2021 and became part of the Baltic Main List of the Nasdaq Tallinn Stock Exchange [2] - Hepsor has developed 2,076 homes and nearly 36,300 square meters of commercial space during its thirteen years of operation [9] Management Changes - A proposal has been made for Henri Laks, the current Chairman of the Management Board, to join the Supervisory Board, while Martti Krass, the current Latvian Country Manager, is proposed as the new Member of the Management Board [1][4] - Henri Laks has been a key figure in Hepsor since its founding and has been involved in real estate development since 2004 [1][2] - Laks expressed that it is time for a change in leadership after nearly 15 years, indicating a desire to pass on responsibilities for the next development cycle to a colleague familiar with the company [5][6] Strategic Direction - Laks believes the current economic climate, which has been turbulent, is now showing signs of stabilization, presenting new growth opportunities in the real estate market [6] - The planned changes in management will be effective following the resolutions of the Supervisory Board and the General Meeting of Shareholders [9] - The Supervisory Board member Lauri Meidla has also expressed a wish to leave, which will be addressed in the upcoming General Meeting [6]
Autoliv presents Omni Safety at 2025 Shanghai Auto Show
Prnewswire· 2025-04-25 06:11
Core Viewpoint - Autoliv, Inc. has introduced Omni Safety™, a new safety system aimed at enhancing occupant safety in reclined seating positions during collisions, showcasing its commitment to innovation in automotive safety [1][4]. Company Overview - Autoliv, Inc. is recognized as the global leader in automotive safety systems, developing and marketing protective systems such as airbags and seatbelts for major automotive manufacturers [5][6]. - In 2024, Autoliv's products are reported to have saved approximately 37,000 lives and reduced around 600,000 injuries [5][6]. - The company operates in 25 countries and employs 65,000 individuals, focusing on innovation and quality in its safety solutions [6]. Product Innovation - The Omni Safety™ system integrates advanced seatbelt and airbag technologies to mitigate risks associated with "submarining," a phenomenon where occupants slide downwards in reclined positions during a crash [2][3]. - Compared to traditional restraint systems, the new system significantly reduces the risk of injuries to critical areas such as the head, neck, pelvis, and lumbar spine [3]. - The system aligns with the latest proposed requirements from the China Insurance Automotive Safety Index (CIASI) for 2026 [3]. Engineering and Development - Autoliv's engineering team conducted thousands of simulations and tests to enhance the Omni Safety™ system, emphasizing real-life scenarios to redefine safety standards [4]. - The integrated system aims to provide seamless protection while ensuring occupant comfort, marking a significant engineering milestone for the company [4].
Orion and Criceto Announce a License Agreement for APORON®, an Innovative Apomorphine Spray to Treat OFF Episodes in Parkinson’s Disease
GlobeNewswire· 2025-04-25 06:00
Core Insights - Orion Corporation and Criceto IKM B.V. have signed an exclusive license agreement for the development and commercialization of APORON®, an innovative apomorphine oromucosal spray aimed at treating OFF episodes in Parkinson's disease patients [1][2][3] Company Overview - Orion Corporation is a Nordic pharmaceutical company with over a hundred years of experience, focusing on developing, manufacturing, and marketing human and veterinary pharmaceuticals, as well as active pharmaceutical ingredients [5] - In 2024, Orion's net sales reached EUR 1,542 million, and the company employed approximately 3,700 professionals globally [5] Product Development - APORON® is currently in Phase 3 development by Criceto and is designed as a rescue treatment for OFF episodes, which significantly affect the quality of life for Parkinson's disease patients [1][2][4] - The partnership aims to leverage Criceto's expertise in advanced rescue treatments for Parkinson's disease, with the goal of making APORON® a first-line treatment option [3][4] Financial Terms of the Agreement - Under the agreement, Criceto will receive upfront payments, reimbursements for development costs, and royalties on future commercial sales of APORON® [2][3]