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Hanmi Bank Hosts Grand Opening Celebration of New Branch in Duluth, Georgia
Globenewswire· 2025-06-05 22:19
Duluth Branch Grand Opening From the left:Anthony Kim, Hanmi Bank Chief Banking Officer;Sung Joon Ahn, Korea Trade-Investment Promotion Agency (KOTRA) Trade Director;June Lee, Southeast US Korean Chamber of Commerce Director;Jae Kim, Southeast US Korean Chamber of Commerce President;Kyungchul Lee, Korean American Chamber of Commerce USA President;Bonnie Lee, Hanmi Bank CEO;Cindy Yum, Hanmi Bank Duluth branch manager;Kirkland Carden, Gwinnett County Commissioner;Long Tran, Georgia State Representative for ...
Booking Holdings Inc. (BKNG) Presents at Bank of America Securities 2025 Global Technology Conference (Transcript)
Seeking Alpha· 2025-06-04 21:05
Company Overview - Bookings Holdings Inc. operates globally in 220 countries and has a portfolio of strong brands, indicating a robust market presence [3]. - The company has experienced rapid growth and significant scale, suggesting a solid performance trajectory [4]. Opportunities and Growth Potential - There are numerous commercial opportunities that the company has yet to fully explore, indicating potential for future growth [4]. - The company has not prioritized these opportunities in a meaningful way, suggesting room for strategic initiatives to capitalize on them [4].
Central Standard to Relocate Distillery Operations in Expansion to Harley-Davidson's Historic Headquarters
GlobeNewswire News Room· 2025-06-04 14:00
MILWAUKEE, Wis., June 04, 2025 (GLOBE NEWSWIRE) -- Beginning next year, Central Standard Craft Distillery will relocate its main distillery operations to a reimagined section of the historic Harley-Davidson campus in Milwaukee’s Near West Side neighborhood. Central Standard’s purchase of the refurbished 73,000-square-foot space will offer full distillery production, a tasting room, distillery tours, private events and new job opportunities. Harley-Davidson will continue to operate on the site as they have d ...
Align Technology (ALGN) 2025 Conference Transcript
2025-06-04 13:12
Align Technology (ALGN) 2025 Conference June 04, 2025 08:10 AM ET Speaker0 Alright. Good morning, everyone. My name is Mike Sarcone. I'm an analyst on the US Medical Supplies and Devices team and welcome to day one of Jefferies twenty twenty five New York Healthcare Conference. This is a track for Align Technologies and from the company, we've got Simon Beard, EVP and managing director for the EMEA region, also joined by Shirley Stacy who's VP finance Corporate Communications and Investor Relations, and we ...
AXON: Competition Intensifies as Motorola Makes $4.4B Acquisition
MarketBeat· 2025-05-31 11:20
Core Viewpoint - Axon Enterprise faces increasing competition from Motorola Solutions, which has announced a $4.4 billion acquisition of Silvus Technologies, a company specializing in Mission-Critical Mobile Ad-hoc Network (MANET) technology, potentially impacting Axon's growth and expansion plans [1][2][10]. Company Overview - Axon Enterprise's stock is currently priced at $743.63, with a P/E ratio of 192.15 and a price target of $652.73, indicating a moderate buy rating among analysts [1][7]. - The company has seen its revenues more than double from 2021 to 2024, reaching nearly $2.1 billion in total revenue for 2024 [2][5]. Competitive Landscape - Motorola Solutions, which generates approximately 70% of its revenue from public safety customers, is a significant competitor to Axon, particularly in the body camera and AI-powered analytics technology space [4][5]. - The acquisition of Silvus Technologies is expected to enhance Motorola's capabilities in high-bandwidth secure mobile data and video, which could provide a competitive edge over Axon [6][8]. Market Dynamics - Axon's Axon Respond technology allows for live video streaming through body cameras, but it relies on LTE or Wi-Fi connectivity, which may limit its effectiveness in areas with poor infrastructure compared to Motorola's MANET technology [8][9]. - While the immediate impact of Motorola's acquisition on Axon may be limited, it could restrict Axon's growth potential in the broader $129 billion total addressable market [10]. Future Outlook - Analysts project a 12-month stock price forecast for Axon at $652.73, suggesting a potential downside of 12.22% from the current price [7]. - The company primarily serves U.S. state and local law enforcement agencies, which may have better access to fixed communication infrastructure, potentially mitigating the impact of Motorola's new technology [9].
Tevogen to Update on Robust Portfolio Assets, Business Expansion, Partnerships, Limited Tradable Float, High Insider Ownership and Strong Investor Confidence Ahead of June 23 Annual Meeting
Globenewswire· 2025-05-22 17:21
WARREN, N.J., May 22, 2025 (GLOBE NEWSWIRE) -- Tevogen (“Tevogen Bio Holdings Inc.” or “Company”) (Nasdaq: TVGN), today announced that it will provide several updates to stockholders in advance of the Company’s upcoming Annual Meeting of Stockholders scheduled for June 23, 2025. These updates will provide content regarding the Company’s innovative business model and strategic growth initiatives, which management believes position the Company strongly for future value realization. Ahead of the annual meeting ...
Colliers continues to enhance engineering offering in Canada
Globenewswire· 2025-05-15 20:01
West-coast acquisition expands geographic footprint and scaleTORONTO and NANAIMO, British Columbia, May 15, 2025 (GLOBE NEWSWIRE) -- Colliers (NASDAQ, TSX: CIGI) announced today that its Canadian engineering platform Englobe Corporation (“Englobe”) has acquired Herold Engineering Limited (“Herold”), a leading engineering consulting firm in British Columbia. Herold’s leadership team will continue to lead these operations and become shareholders of Englobe under Colliers’ unique partnership model. Terms of th ...
Airbnb launches redesigned app, new services business
CNBC· 2025-05-13 18:30
Airbnb launched a redesigned app on Tuesday to showcase the company's push to let travelers book services, like catering and personal training, at their home rentals.The new-look app marks a new chapter for Airbnb to expand beyond home stays. The company has previously announced plans to invest $200 million to $250 million in a new business that it said it hopes will become a significant driver of future revenue growth."We now feel like we have such a strong foundation that we are capable of building and ex ...
Twin Hospitality Group Inc-A(TWNP) - 2025 Q1 - Earnings Call Transcript
2025-05-08 23:00
Financial Data and Key Metrics Changes - System-wide sales increased by 5.1% to $146.2 million, driven by new company-owned restaurants despite a challenging sales environment [8][20] - Total revenue decreased by 5.4% to $87.1 million compared to $92.1 million in the previous year [20] - Net loss for the quarter was $12.1 million, compared to a loss of $9.2 million in the prior year [27] Business Line Data and Key Metrics Changes - Twin Peaks revenue was $51 million, up 5.9% from $48.1 million in the prior year, driven by new lodge openings [20][21] - Smoky Bones revenue decreased by 17.8% to $36.1 million, down from $43.9 million, due to ongoing conversions to Twin Peaks lodges [21] - Restaurant level contribution margin for Twin Peaks decreased to 16.9% from 17.4% in the previous year [25] Market Data and Key Metrics Changes - Same store sales decreased by 1.5%, with a 2.7% decline at company-owned locations and a 1% decline at franchise locations [9] - Alcohol sales comprised nearly 50% of restaurant revenue, significantly higher than typical casual dining competitors [13] Company Strategy and Development Direction - The company plans to open three to four new units in 2025, building on a robust development pipeline of 100 units [7][12] - A strategic five-unit development deal was initiated to enter untapped markets in South Dakota and Montana [12] - The focus on high-margin beverage sales and local community engagement through grassroots marketing is expected to drive traffic [13][15] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the impact of weather and macroeconomic factors on sales but expressed optimism about upcoming promotional events and major sporting events [9][10] - The company is confident in achieving its full annual equity target raise over the next twelve months despite current market volatility [27][28] Other Important Information - Twin Peaks was awarded the Black Box Intelligence 2025 Voice of the Customer Award, highlighting strong brand loyalty and customer experience [17][18] - The company is enhancing its menu with new food innovations and promotions to maintain brand relevance [14][19] Q&A Session Summary - No questions were taken following the prepared remarks, and the call concluded without a Q&A session [3][29]
Stella-Jones Grows Into Electrical Transmission Steel Structures With the Acquisition of Locweld
Globenewswire· 2025-05-07 10:00
Company Overview - Stella-Jones Inc. has announced the acquisition of Locweld Inc., a designer and manufacturer of lattice transmission towers and steel poles, with the deal expected to close today [1][3]. - Locweld, based in Candiac, Quebec, has over 75 years of experience and employs approximately 220 people [2]. Strategic Implications - The acquisition allows Stella-Jones to enter the approximately $5 billion steel transmission structure market, enhancing its current utility poles business and creating new growth opportunities [3]. - The CEO of Stella-Jones emphasized that this strategic move will leverage the company's extensive sales and distribution network to better serve customers and expand its market reach [3]. Financial Details - The acquisition price is set at $58 million on a cash-free, debt-free basis, with potential additional performance-based payments of up to $7 million contingent on achieving specific milestones [5]. - Stella-Jones plans to invest approximately $15 million in capital expenditures to increase Locweld's output and optimize operational efficiencies [5]. - Locweld reported sales of approximately $55 million for the year ending September 30, 2024 [5]. Management Transition - Following the acquisition, Michael Cyr, the CEO of Locweld, will step down, while key management members will remain to support the business [5].