PRNewswire

Angeles Ventures Fund I Has Closed an Equity Investment from Bank of America May 16, 2024 05:27PM

CHICAGO, May 16, 2024 /PRNewswire/ -- Today, Angeles Ventures, a Latino and woman-led early-stage VC fund, announced an equity investment from Bank of America that will accelerate its goal to find, fund, and grow Hispanic and Latino ventures in the U.S.

"We're delighted to bring on an institutional investor that is aligned to our mission."

Latinos... (continue reading...)

COMMERCIAL OBSERVER TO HOST HIGHLY ANTICIPATED STATE OF OFFICE FORUM AT VORNADO REALTY TRUST'S PENN 2 AS DATA SUGGESTS RECOVERY IS UNDERWAY & POINTS TO INCREASE IN DEMAND FOR TROPHY ASSETS May 16, 2024 05:24PM

NEW YORK, May 16, 2024 /PRNewswire/ -- Commercial Observer, the premier media and information services platform connecting and informing commercial real estate leaders, will host its highly anticipated State of Office Forum at PENN 2 in THE PENN DISTRICT on Thursday, May 16.

While office vacancies across aging assets have spurred many headlines about... (continue reading...)

Collectors and eBay Transactions Close, Summer Launch Expected for Integrated, End-to-End Hobby Experience May 16, 2024 05:15PM

 PSA and eBay partnership introduces new, customer-focused vault experience with streamlined grading, storing and selling of trading cards 

SAN JOSE, Calif., May 16, 2024 /PRNewswire/ -- Collectors, parent company of PSA, and eBay Inc. (NASDAQ: EBAY), a global commerce leader that connects millions of sellers and buyers around the world, today announced they have closed a series of previously announced transactions. This summer, eBay and PSA, a leading third party... (continue reading...)

CABEI lowers Interest Rates May 16, 2024 05:12PM

• The Multilateral Bank transfers the efficiencies obtained in its borrowing costs to benefit its borrowing countries.
• This action represents its first rate reduction since 2021.

TEGUCIGALPA, Honduras, May 16, 2024 /PRNewswire/ -- The Central American Bank for Economic Integration (CABEI) announced today a downward adjustment between 0.50% and 0.65% in the interest rate applicable to current and new sovereign public sector loans that have an adjustable spread rate scheme... (continue reading...)

Hollysys Automation Technologies Reports Unaudited Financial Results for the Third Quarter and the First Nine Months Ended March 31, 2024 May 16, 2024 05:00PM

First Nine Months of Fiscal Year 2024 Financial Highlights

• Total revenues were $597.1 million, an increase of 2.5% compared to the comparable prior year period.
• Gross margin was 31.0%, compared to 33.4% for the comparable prior year period. Non-GAAP gross margin was 31.2%, compared to 33.6% for the comparable prior year period.
• Net income attributable to Hollysys was $49.7 million, a decrease of 38.8% compared to the comparable prior year period. Non-GAAP net income... (continue reading...)