Press release content from PR Newswire. The AP news staff was not involved in its creation.
Conway Corporation Deploys Enghouse Networks IPTV Platform To Strengthen Service Offering In All Market Segments
March 2, 2021 GMT
MARKHAM, ON, March 2, 2021 /PRNewswire/ - Enghouse Networks is pleased to announce Conway Corporation has leveraged the Enghouse EspialTV SaaS platform to strengthen their delivery of TV services to their customers.
The Enghouse IPTV SaaS platform transforms TV services for operators, enabling seamless delivery across set-top boxes, media players and mobile devices. This ensures operators can include TV services that are compelling for consumers, highly cost efficient for the operator and continuously updated to maintain relevance.
Press release content from PR Newswire. The AP news staff was not involved in its creation.
Telefónica, Telefônica Brasil and CDPQ Create FiBrasil, a Neutral Fibre Wholesale Network Provider in Brazil
March 2, 2021 GMT
Combination between CDPQ’s infrastructure investment expertise and Telefónica’s capabilities in deploying and operating fibre networks
Telefónica Group and CDPQ will each hold 50% under a co-control governance model
Independent open-access wholesale operator will be focused on deploying fibre in selected cities in Brazil, with Telefônica Brasil as anchor client
Committed to accelerating fibre-to-the-home coverage by expanding the initial footprint of 1.6 million Homes Passed to 5.5 million over a 4-year period
Press release content from Business Wire. The AP news staff was not involved in its creation.
ParkOhio Announces Fourth Quarter and Full Year 2020 Results
March 2, 2021 GMT
CLEVELAND, OHIO (BUSINESS WIRE) Mar 2, 2021
Park-Ohio Holdings Corp. (NASDAQ: PKOH) today announced its results for the fourth quarter and full year 2020.
Matthew V. Crawford, Chairman and Chief Executive Officer, stated, “We are pleased to have ended the year with continued strengthening in the performance of our diversified business. Despite the challenges of last year, 2020 will be remembered as the year during which we realigned our business and created a stronger foundation for future growth. Our areas of greatest focus included lowering our cost to serve our global customer base and refining our allocation of capital towards our most strategic products and services. While we continue to see the lingering effects of the pandemic, we are positioned to see improving sales and quality of earnings as our
Press release content from PR Newswire. The AP news staff was not involved in its creation.
TreeHouse Foods Announces Agreement with JANA Partners
March 2, 2021 GMT
OAK BROOK, Ill., March 2, 2021 /PRNewswire/ TreeHouse Foods, Inc. (NYSE: THS) today announced an agreement with JANA Partners LLC, which owns approximately 7.4% of the outstanding shares of TreeHouse’s common stock, pursuant to which TreeHouse will appoint to its Board of Directors, effective March 2, 2021, two new independent directors: John P. Gainor Jr. and Kenneth I. Tuchman.
“We are pleased that our productive engagement with JANA Partners has resulted in the appointment of John and Ken to the TreeHouse Board,” said Gary D. Smith, Chairman of the Board. “Both have a broad range of expertise. We look forward to benefitting from their valuable perspectives as we continue to focus on executing our strategy and on creating long-term value for our stockholders.”
South Korea s e-commerce darling is seeking a $50 bln valuation. It boasts heady growth and hefty losses. Metrics such as fulfillment costs, reported by peers like Amazon, are missing from its prospectus, though. Scant detail on new bets also makes the IPO math hard to justify.