Kroger and Ocado Announce Two Additional Sites for High-Tech Customer Fulfillment Centers

CINCINNATI, Feb. 19, 2019 /PRNewswire/ — The Kroger Co. (NYSE: KR), America’s largest grocery retailer, and Ocado (LSE: OCDO), one of the world’s largest dedicated online grocery retailers, today announced Central Florida and Mid-Atlantic as the newly-named regions for America’s next two customer fulfillment centers (CFC). Kroger’s first customer fulfillment center – an automated warehouse facility with digital and robotic capabilities, … Continue reading “Kroger and Ocado Announce Two Additional Sites for High-Tech Customer Fulfillment Centers”

Direct Connectivity to IBM Cloud now available with Ascenty’s Cloud Connect

SAN FRANCISCO, Feb. 13, 2019 /PRNewswire/ — Digital Realty (NYSE: DLR), a leading global provider of data center, colocation and interconnection solutions, and Ascenty, a market leader in data center services in Latin America, announced today that Ascenty has added dedicated and private access directly to the IBM Cloud in its connectivity portfolio through IBM Cloud Direct Link.  This new … Continue reading “Direct Connectivity to IBM Cloud now available with Ascenty’s Cloud Connect”

KBS Fashion Group Announces Letter of Intent to Acquire a Greece Based Private Smart Tech Apparel Company

SHISHI, China, Feb. 19, 2019 /PRNewswire/ –KBS Fashion Group Limited (“KBS” or the “Company”) (NASDAQ: KBSF), a leading fully-integrated casual menswear company in China, announced today that it has executed a non-binding Letter of Intent (“LOI”) to acquire Tribe Wearables (“Tribe”), a private smart clothing technology company, located in Komotini, Greece. According to the LOI, KBS will first acquire 20% of … Continue reading “KBS Fashion Group Announces Letter of Intent to Acquire a Greece Based Private Smart Tech Apparel Company”

Rowan Announces Contract with Petronas Mexico for the Rowan Renaissance

HOUSTON, Feb. 12, 2019 /PRNewswire/ — Rowan Companies plc (“Rowan” or the “Company”) (NYSE: RDC) announced today that the Rowan Renaissance, an R-Class ultra-deepwater drillship, has been awarded a one-well contract in Mexicoby PC Carigali Mexico Operations, S.A. de C.V. (“Petronas”) for an estimated duration of 80 days that is expected to commence in the second quarter of … Continue reading “Rowan Announces Contract with Petronas Mexico for the Rowan Renaissance”

NexPoint Residential Trust, Inc. Reports Fourth Quarter And Full Year 2018 Results

DALLAS, Feb. 19, 2019 /PRNewswire/ — NexPoint Residential Trust, Inc. (NYSE: NXRT) reported financial results for the fourth quarter and year ended December 31, 2018. Highlights VIEW PDF NXRT1 reported Net Loss, FFO2, Core FFO2 and AFFO2 of $(1.6)M, $32.0M, $35.1M and $40.8M, respectively, attributable to common stockholders for the year ended December 31, 2018, compared to Net Income, FFO, Core FFO, and AFFO of $53.4M, $25.1M, $30.1M and $34.8M, respectively, attributable to common … Continue reading “NexPoint Residential Trust, Inc. Reports Fourth Quarter And Full Year 2018 Results”

Genuine Parts Company Reports 2018 Sales and Earnings for the Fourth Quarter and Full Year

ATLANTA, Feb. 19, 2019 /PRNewswire/ — Genuine Parts Company (NYSE: GPC) announced today sales and earnings for the fourth quarter and twelve months ended December 31, 2018. Sales for the fourth quarter ended December 31, 2018 were $4.6 billion, a 9.4% increase compared to $4.2 billion for the same period in 2017.  Net income for the fourth quarter was $186.7 million and earnings per share … Continue reading “Genuine Parts Company Reports 2018 Sales and Earnings for the Fourth Quarter and Full Year”

ZK International Announces Record Revenue of $54.9 million, a 22.1% Increase Year-Over-Year, for the Fiscal Year 2018

Gross profit increases 39.5% year-over-year to $18.3 million driven by an increase in gross profit margins to 33.3% WENZHOU, China, Feb. 4, 2019 /PRNewswire/ — ZK International Group Co., Ltd. (NASDAQ: ZKIN) (“ZKIN”, “ZK International” or the “Company”), a designer, engineer, manufacturer, and supplier of patented high-performance stainless steel and carbon steel pipe products that require sophisticated water or gas pipeline systems, today announced … Continue reading “ZK International Announces Record Revenue of $54.9 million, a 22.1% Increase Year-Over-Year, for the Fiscal Year 2018”

FABU Technology Selects Synopsys’ DesignWare IP Portfolio to Deliver Intelligence in ADAS and Autonomous Driving SoCs

MOUNTAIN VIEW, Calif., and TEMPE, Ariz., Feb. 4, 2019 /PRNewswire/ — Synopsys, Inc. (Nasdaq:  SNPS) and FABU Technology Co., Ltd. today announced that FABU has selected a portfolio of silicon-proven Synopsys DesignWare®Interface, Security, ARC® EM Safety Island Processor, and Embedded Memory Test and Repair IP to deliver high-performance artificial intelligence (AI) system-on-chips (SoCs) for advanced automotive applications. FABU develops intelligent chips for … Continue reading “FABU Technology Selects Synopsys’ DesignWare IP Portfolio to Deliver Intelligence in ADAS and Autonomous Driving SoCs”

Palo Alto Networks Fuels Channel Growth With NextWave Partner Program Enhancements

SANTA CLARA, Calif., Feb. 4, 2019 /PRNewswire/ — Palo Alto Networks (NYSE:  PANW), the global cybersecurity leader, today announced several enhancements to its NextWave Partner Program, which will boost program flexibility, fuel long-term growth and enable the expansion of partner-led services. NextWave enhancements include: New profitability initiatives: Palo Alto Networks introduced new options for partners to grow their businesses with streamlined … Continue reading “Palo Alto Networks Fuels Channel Growth With NextWave Partner Program Enhancements”

Delta Reports Operating Performance for January 2019

ATLANTA, Feb. 4, 2019 /PRNewswire/ — Delta Air Lines (NYSE: DAL) today reported operating performance for January 2019. The company carried 14.1 million customers across its broad global network. Monthly highlights include: Announcing the extension of the Airbus A220 order book by 15 additional aircraft for a total of 90 aircraft and converting 35 existing A220-100 orders into the … Continue reading “Delta Reports Operating Performance for January 2019”