Online Automotive Retailer Vroom Announces Filing of Registration Statement for Proposed Initial Public Offering
NEW YORK–(BUSINESS WIRE)–#GetAVroom–Vroom, Inc. (“Vroom”) today announced that it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (“SEC”) relating to the proposed initial public offering of its common stock. Application has been made for listing the common stock on the Nasdaq Global Market under the ticker symbol “VRM.” […]
Carvana Co. Announces Offering of Class A Common Stock
PHOENIX–(BUSINESS WIRE)–Carvana Co. (NYSE: CVNA), a leading e-commerce platform for buying and selling used cars, today announced that it has commenced a public offering of its Class A common stock. Carvana is proposing to sell 5,000,000 shares of Class A common stock. The underwriters will offer the shares from time to time for sale in […]
Raven Fleet Tracking Gives Ag Retailers a Comprehensive View of Entire Operation
Newly released Slingshot® Fleet Tracking helps ag retailers better manage their equipment, assets and operations SIOUX FALLS, S.D.–(BUSINESS WIRE)–#RavenInd—Raven Industries, Inc. (the Company; NASDAQ:RAVN) announced today the release of Slingshot® Fleet Tracking. Backed by Razor Tracking, the platform allows users to wirelessly track the location and other important information about their trucks, vehicles, trailers, tanks […]
Western Digital Corporation to Help Drive Open Distributed Computing Infrastructure for Connected Vehicles as a Member of the Automotive Edge Computing Consortium
WAKEFIELD, Mass.–(BUSINESS WIRE)–The Automotive Edge Computing Consortium (AECC) today announced that leading data infrastructure provider, Western Digital, has joined as a member of the cross-industry group working to drive best practices for the coming vehicle, computing and storage convergence. Western Digital will collaborate with other AECC members including mobile network operators, automotive manufacturers, communication leaders […]
Motus Report Predicts National Fuel Prices to Be 35% Lower This Summer
Oversupplied Crude Oil Market and COVID-19 Pandemic Travel Restrictions Lead to Sharp Decline in Cost of Fuel BOSTON–(BUSINESS WIRE)–#fuelprices—Motus, the definitive leader in reimbursement solutions for businesses with mobile-enabled workforces, today released its 2020 Summer Fuel Outlook Report. This report highlights key data related to fuel price fluctuations with a look towards how these changes […]
Camping World Declares Regular and Special Dividend
LINCOLNSHIRE, IL–(BUSINESS WIRE)–Camping World Holdings, Inc. (NYSE: CWH) (the “Company,” “Camping World,” “we,” “us” or “our”), announced today that its Board of Directors declared a cash dividend of $0.1532 per share on the Company’s Class A Common Stock and a cash distribution of $0.08 per common unit on CWGS Enterprises, LLC’s common units. Payment is […]
Horizon Global Reports Financial Results for First Quarter 2020
First Quarter Highlights Successfully amended ABL facility to stabilize liquidity and support future operating flexibility Net sales decreased $14.4 million, or 8.1%, to $163.3 million from prior year comparable period, primarily attributable to lower sales volumes due to the COVID-19 pandemic Operating loss of $6.7 million, or 4.1% of net sales; improvement of $6.7 million […]
