Author: Team NIDO

Madrid, October 17 (EFE) – Supermarket chain Consum has acquired nine supermarkets from the Economy Cash brand and plans to grow by 5% this year, general director Antonio Rodriguez said this Thursday. Presented at the 39th Mass Consumption Conference. Aycock Employers Association. At a press conference, Rodríguez explained that the company has added nine stores (seven in the Valencian community, one in Tarragona and one in Murcia) and is awaiting approval from the competition to open to the public in 2025. With sales of 4,388 million euros last year and more than 933 supermarkets both owned and franchised in Catalonia,…

https://www.tipranks.com/news/the-fly/goldman-sachs-price-target-raised-to-614-from-577-at-oppenheimerIris Energy Limited provided a business update. IREN’s AI Cloud Services segment is expected to generate approximately $32 million in annual hardware profits by the end of December 2024, contributing approximately 10% of the company’s overall revenue. GPU Utilization: The company’s current 816 NVIDIA H100 GPUs are nearing full utilization, with pending contracts expected to cover remaining capacity. Expansion plans: IREN plans to bring on board an additional 1,080 NVIDIA H200 GPUs in Q4 2024, more than doubling its existing AI capacity. Instant scalability: AI cloud services currently utilize less than 0.5% of IREN’s total data center capacity, giving it…

good morning. AI is a top priority for finance leaders, and at Fortune’s Most Powerful Women Summit on Tuesday, CFOs from four top companies shared how they’re tackling rapidly changing technology. . Elena Gomez, chief financial officer of cloud-based restaurant management software company Toast, told an audience in Dana Point, California. . Gomez told how executives at a recent CFO dinner said that while the business would grow over the next three years, the number of employees would likely remain at 80% of its current level. “I’ve thought about it at least 10 times since that dinner,” Gomez said. This…

Mark Williams, Vice President of Finance and Administration for EON Resources Inc. (NASDAQ:EONR), recently acquired 50,000 shares of the company’s Class A common stock. The transaction was valued at $50,000 and was recorded on October 15, 2024. The shares were acquired at a price of $1.00 per share. According to the filing, these shares were acquired in consideration for the forgiveness of certain accounts payable related to past consulting work. Following the transaction, Williams now directly owns a total of 95,000 shares. In other recent news, EON Resources Inc., a specialist crude oil and petroleum company, has set the date…

VCAT-led funding advances Indian startup’s vision of a sustainable and connected information ecosystem for businesses and consumers alikeMUMBAI, India , Oct. 17, 2024 /PRNewswire/ — Venture Catalysts, India’s leading integrated incubator and accelerator platform, today leads pre-seed funding round for SuperUs, an innovative technology OEM revolutionizing displays We have announced that we will be participating as an investor. technology landscape. This investment marks a significant milestone in SuperUs’ journey to become a global leader in dynamic, sustainable and localized display solutions. Several prominent investors participated in this funding round, including ZNL Growth Fund Scheme I, Pravah Creations Pvt Ltd, Singhvi…

key insights Given the large stake in the stock by educational institutions, Lincoln Educational Services’ share price may be sensitive to its trading decisions 50% of the business is owned by the top 15 shareholders Ownership research and In parallel, the use of analyst forecast data allows you to better assess the future performance of the company If you want to know who really controls Lincoln Educational Services Corporation (NASDAQ:LINC), you’ll have to take a look at the makeup of its share registry. The group that owns the largest number of shares in the company (about 56% to be exact)…

Alcoya businessman Miguel Ángel Alcaraz has sold three-quarters of his supermarket network, with the Catalan family business being the main beneficiary. Economy Cash sold about 30 of its 51 properties in Valencia, Alicante, Castellon, Murcia and Albacete to Fragadis, and a further 12 to Consum. In the first case, the plan of the company based in La Canonja (Tarragona) and operating under the Spar and Eurospar brands is to keep the brand name for now, but the Valencian cooperative has already changed the brand name. It has been announced that it will be maintained. From 2025, these nine stores will…

Consum acquired nine supermarkets from Valencian distribution company Koups Design International. Seven of the stores are located in the Valencia region (Aldaia, Arracas, Massanassa, Sueca, Gandia, Xativa, Torrevieja), one in Catalonia (Amposta) and one in the Catalonia region. Murcia (Caravaca de la Cruz).All properties operate under the Economy Cash banner, with the exception of the Xàtiva property, which operates as Vidal Tiendas. The project is subject to approval by the National Market and Competition Commission (CNMC) and will allow the cooperative to “improve its services in the Mediterranean region,” the group said in a statement.As with its previous operations, Consum…

Consum acquired nine supermarkets from Valencian distribution company Koups Design International. Seven of the stores are located in the Valencia region (Aldaia, Arracas, Massanassa, Sueca, Gandia, Xativa, Torrevieja), one in Catalonia (Amposta) and one in the Catalonia region. Murcia (Caravaca de la Cruz).All properties operate under the Economy Cash banner, with the exception of the Xàtiva property, which operates as Vidal Tiendas. The project is subject to approval by the National Market and Competition Commission (CNMC) and will allow the cooperative to “improve its services in the Mediterranean region,” the group said in a statement.As with its previous operations, Consum…

Partnerships are essential for any institution looking to seize opportunities in Asia’s dynamic markets, especially in today’s rapidly evolving business environment. Regional partners bring local knowledge, experience as well as access to new markets and customers. The need for partnerships can be seen through both global and regional contexts. No bank or financial institution has a completely comprehensive suite of global services, and local or regional partners can support non-core areas. Regardless of the geopolitical noise, the world remains highly connected and customers expect to be seamlessly served across markets. Supply chains may change, but global trade and the associated…