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Top Win International (Nasdaq: SORA) Launches Voluntary Tender Offer for Thai Listed Company
Globenewswire· 2025-07-07 13:35
Hong Kong, July 07, 2025 (GLOBE NEWSWIRE) -- Top Win International Limited (Nasdaq: SORA), through its subsidiary, AsiaStrategy Topwin SG Pte. Ltd. (“AsiaStrategy”), has announced an intention to make a tender offer (the “Announcement”) with certain other offerors for the securities of DV8 Public Company Limited (SET: DV8), a company public listed on The Stock Exchange of Thailand (“DV8”). AsiaStrategy has committed, based on the assumption that all the offerors will obtain all securities of DV8, to acquiri ...
X @Xeer
Xeer· 2025-07-06 17:09
last night the convo drifted to watches and i quietly zoned out.rolex this, patek that. vacheron constantin if you’re being humble.i’m happy for people who buy what they like with money they made from gambling with crypto. i get it. they got lucky. but i don’t think i’ll ever care enough.it wasn’t even a social setting for flexing. it was all plebs like me. the kind where a rolex is still considered a big deal.for some, it’s a baseline. for others, a milestone.but this whole flashy setting, especially in th ...
X @Forbes
Forbes· 2025-07-02 15:40
From Rolex’s first new collection in more than a decade to the world’s most complicated wristwatch, timeless timepieces from the biggest watch show.Read more: https://t.co/o5CBanFfDvPhoto: Vacheron Constantin https://t.co/gtFR4f4T0T ...
Fossil Group Appoints Laks Lakshmanan as Chief Supply Chain Officer
GlobeNewswire News Room· 2025-07-02 12:00
RICHARDSON, Texas, July 02, 2025 (GLOBE NEWSWIRE) -- Fossil Group, Inc. (NASDAQ: FOSL) today announced the appointment of Laks Lakshmanan to the newly created position of Chief Supply Chain Officer, effective June 16, 2025. With more than 20 years of supply chain leadership experience, Lakshmanan brings deep expertise in network design, integrated planning, cost transformation, and operational excellence, having advised and led initiatives for Fortune 500 consumer and retail companies. Lakshmanan leads Foss ...
Apple loses bid to dismiss major US antitrust case
TechXplore· 2025-07-01 09:30
Core Viewpoint - A federal judge has allowed a significant antitrust lawsuit against Apple to proceed, challenging the company's alleged monopoly in the smartphone market [1][2]. Group 1: Antitrust Lawsuit Details - The lawsuit, initiated by the US Department of Justice and 20 states in March 2024, accuses Apple of illegally monopolizing smartphone markets through restrictive practices against app developers and device manufacturers [2][4]. - District Judge Julien Neals ruled that the government has sufficiently demonstrated that Apple holds monopoly power in the smartphone market and engages in anticompetitive behavior [2][3]. Group 2: Market Share and Monopoly Power - Apple reportedly controls 65% of the overall US smartphone market and 70% of the premium "performance smartphone" market, which excludes lower-end devices [3]. - The judge noted that these market share figures, along with significant barriers to entry, indicate Apple's monopoly power and justify proceeding to trial [3]. Group 3: Internal Communications and Potential Remedies - The ruling referenced internal communications from Apple executives that allegedly reveal intentions to maintain monopoly power, including efforts to prevent users from switching to competing devices [5]. - If the government prevails at trial, potential remedies for Apple could include changes to business practices or orders to divest parts of its device and software operations [5]. Group 4: Broader Antitrust Context - This case is part of a series of major antitrust challenges facing Apple, which also includes accusations of taking a large cut from proceeds of outside apps on its devices [7]. - The lawsuit is one of five significant cases initiated during the Trump and Biden administrations targeting major tech companies, including Meta and Amazon [7].
X @Bloomberg
Bloomberg· 2025-06-30 18:30
There's an unexpected color taking over the world's hottest watches from top brands—but what is it exactly? https://t.co/67uxNeVrcv ...
Unpacked 2025: Samsung's AI Ecosystem Is Coming For Apple, Google, And Other Rivals
Seeking Alpha· 2025-06-25 14:54
On July 9, Samsung will host its next Unpacked event in Brooklyn. A lot of people are actually waiting for it and excited to participate because they will most likely present new foldable phones, smartwatches, and I'm passionate about finance and investing, focusing on business analysis, fundamental analysis, valuation, and long-term growth, especially in sectors like AI, fintech, finance and tech. I study finance and economy and have hands-on experience in equity research, financial modeling, and creating ...
US luxury watch reseller sees tariffs pushing up prices
Bloomberg Television· 2025-06-20 16:51
Our business is US only. So, uh, it shot up purchases in in April and May. A lot of buyers in the US, I think, that were waiting on purchasing a watch tended to, you know, push in the direction of transacting quicker rather than later, uh, because they're worried about the the tariffs coming into play. And then you know now coming into you know the end of June early July we're seeing a lot of the markets uh the prices are increasing for the first time in a long time because the primary brands are starting t ...
高盛:周大福_ 2025 年下半年股息不及预期;2026 财年运营指引略低于预期;季度迄今追踪仍为负值
Goldman Sachs· 2025-06-18 00:54
13 June 2025 | 12:31AM HKT Chow Tai Fook Jewellery Group (1929.HK): First Take: 2HFY25 div miss; FY26 OP guidance slightly behind; still negative QTD tracking; Neutral Chow Tai Fook announced its FY3/25 annual results (full year ending Mar-25) and hosted a briefing on June 12. In short, FY25 dividend payout, QTD tracking and FY26 OP guidance came in weaker than market expected. FY26 topline/SSSG target of LSD-MSD%/MSD% growth could be under pressure considering still negative Apr-May SSSG despite an easy ba ...
ANNUAL RESULTS 2024-25 FOR THE LEXIBOOK GROUP: ANNUAL REVENUE AT €74.0M (+26.3%). EBIT AND NET INCOME UP, AT €8.1M AND €7.4M RESPECTIVELY, THANKS TO AN EXCEPTIONAL COMBINATION OF POSITIVE FACTORS. UNCERTAIN OUTLOOK FOR THE 2025-26 FISCAL YE
Globenewswire· 2025-06-17 05:00
Les Ulis, June 17, 2025 at 7:00 a.m. ANNUAL RESULTS 2024-25 FOR THE LEXIBOOK GROUP: ANNUAL REVENUE AT €74.0M (+26.3%). EBIT AND NET INCOME UP, AT €8.1M AND €7.4M RESPECTIVELY, THANKS TO AN EXCEPTIONAL COMBINATION OF POSITIVE FACTORS. UNCERTAIN OUTLOOK FOR THE 2025-26 FISCAL YEAR DUE TO HIGH UNPREDICTABILITY REGARDING U.S. CUSTOMS DUTIES, FREIGHT COSTS, EXCHANGE RATES, AND CONSUMPTION. Annual Revenue: A record fiscal year after 5 consecutive years of growth. For the full fiscal year, which had already grown ...