Author: Bella Hayes

Strong sales momentum combined with improved financial performance and operational efficiencies Sales of $14.0 million, an increase of 15.6% over the prior yearGross profit margin of 51.5%, significantly better compared to 37.9% in prior yearNet loss of $1.6 million, an improvement from a loss of $3.7 million in prior yearAdjusted EBITDA1 of $0.8 million versus negative $2.5 million in prior yearTwo flagship store openings in Montreal: Royalmount and Eaton (NYSE:) Centre MONTREAL, Dec. 17, 2024 (GLOBE NEWSWIRE) — DAVIDsTEA Inc. (TSX-Venture: DTEA) (DAVIDsTEA or the Company), a leading tea merchant in North America, announced today its financial results for the…

Accelerated commercial growth strategy grounded on strong foundation built over the last decade and leveraging many opportunities aheadFocus on margin expansion, consistent cash generation to invest in the business and create long-term value for shareholdersCapital allocation objectives with disciplined balance sheet management and responsible risk profile Air Canada (TSX:) reaffirms full year 2024 guidance and shares expectations for certain financial measures for the full year2025 full year guidance, financial targets for 2028, and long-term aspiration sharedMONTREAL, Dec. 17, 2024 /PRNewswire/ – In conjunction with its 2024 Investor Day being held today at 8:30 a.m. ET., Air Canada today reaffirmed its…

Investing.com – The US dollar rose Tuesday ahead of the last Federal Reserve policy meeting of the year, while stronger-than-expected earnings saw sterling keep pace. At 05:40 ET (10:40 GMT), the , which tracks the against a basket of six other currencies, traded 0.2% higher to 106.740, hovering near its highest levels in three weeks.  Dollar strong into Fed meeting The dollar has retained strength moving into the last policy meeting of the year, even with the US central bank widely expected to cut interest rates when the gathering concludes on Wednesday, by 25 bps to a target range of…

Investing.com — Wall Street is seen trading slightly lower Tuesday ahead of the start of the last Federal Reserve policy meeting of the year. Nvidia shares have entered correction territory, while the German DAX could suffer as the country’s government was dissolved.  1. Fed to cut, but what happens in January?  The starts its final policy meeting of the year later Tuesday, to be concluded on Wednesday with a widely-expected 25-basis point rate cut. This reduction, which would be its third straight cut, has already been fully priced in, and thus the main focus is what the policymakers see in…

By Sonia Rolley PARIS (Reuters) – The Democratic Republic of Congo has filed criminal complaints against Apple (NASDAQ:) subsidiaries in France and Belgium, accusing the tech firm of using conflict minerals in its supply chain, lawyers for the Congolese government told Reuters. Congo is a major source of tin, tantalum and tungsten, so-called 3T minerals used in computers and mobile phones. But some artisanal mines are run by armed groups involved in massacres of civilians, mass rapes, looting and other crimes, according to U.N. experts and human rights groups. Apple does not directly source primary minerals and says it audits…

About us: Aurora Mobile (NASDAQ: NASDAQ:) established in 2011, is a leading customer engagement and marketing technology service provider in China. Its business includes notification services, marketing growth, development tools, and data products. As its sub-brand, MoonFox Data is a leading expert in data insights and analysis services across all scenarios, aiming to help companies gain market insights and empower precise decision-making. SHENZHEN, China, Dec. 17, 2024 /PRNewswire/ —  Since the beginning of 2024, the study tour market has demonstrated strong overall performance, marked by a significant increase in cultural tourism orders during peak holiday seasons, including summer and National…

KARIYA, JAPAN, Dec 17, 2024 – (JCN Newswire) – – DENSO (OTC:) CORPORATION and onsemi (: ON) announced today that they are strengthening their long-term relationship to support the procurement of autonomous driving (AD) and advanced driver assistance systems (ADAS) technologies. For over 10 years, onsemi has been supplying DENSO with the latest intelligent automotive sensors to enhance ADAS and AD performance. These semiconductors have become increasingly vital in improving vehicle intelligence including connectivity, to help reduce traffic accident fatalities. “DENSO’s desire to work more closely with us demonstrates its confidence in our innovative capabilities, decades of expertise and supply…

By Colleen Howe and Siyi Liu BEIJING/SINGAPORE (Reuters) -Oil prices eased further on Tuesday as China’s economic data renewed demand concerns, while investors remained cautious ahead of the U.S. Federal Reserve’s interest rate decision. U.S. West Texas Intermediate crude was down 11 cents at $70.60 a barrel at 0409 GMT, while futures fell 6 cents to $73.85 a barrel. Prices were “weighed on by profit-taking after last week’s 6% rally and a batch of disappointing Chinese economic data yesterday,” IG market analyst Tony Sycamore said. On Monday, prices fell from multi-week highs on unexpected weakness in consumer spending data from…

New York, New York–(Newsfile Corp. – December 16, 2024) – WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Visa Inc . (NYSE: NYSE:) between November 16, 2023 and September 23, 2024, both dates inclusive (the “Class Period”), of the important January 21, 2025 lead plaintiff deadline in the securities class action first filed by the Firm. SO WHAT: If you purchased Visa securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. WHAT TO DO NEXT: To…

New York, New York–(Newsfile Corp. – December 16, 2024) – WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Xerox (NASDAQ:) Holdings Corporation (NASDAQ: XRX) between January 25, 2024 and October 28, 2024, both dates inclusive (the “Class Period”), of the important January 21, 2025 lead plaintiff deadline. SO WHAT: If you purchased Xerox securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. WHAT TO DO NEXT: To join the Xerox class action, go to https://rosenlegal.com/submit-form/?case_id=31433 or…