CACI and Torchlight AI Announce Strategic Partnership to Provide Dark Web Exploration Technology to Special Operations Forces

CACI and Torchlight AI Announce Strategic Partnership to Provide Dark Web Exploration Technology to Special Operations Forces

Join CACI and Torchlight AI on May 8 during SOF Week 2023 to discuss Theater Special Operations Commands (TSOC)

RESTON, Va.–(BUSINESS WIRE)–
CACI International Inc.’s (NYSE: CACI) Bluestone Analytics and Torchlight AI (Torchlight) announced today a strategic partnership to provide the DarkPursuit capability within the Torchlight Catalyst platform. This partnership will provide Torchlight customers, mainly Special Operations Forces (SOF), with safe and secure access to browse the open, deep, and dark web.

“We are excited to partner with Torchlight to provide SOF customers with safe and secure access to Dark Web and open-source channels through the DarkPursuit infrastructure,” said Meisha Lutsey, President of Operations Support and Services. “This partnership offers SOF customers a way to accelerate obtaining critical information that can give them an advantage over our adversaries.”

CACI’s DarkPursuit is a capability within the DarkBlue Intelligence Suite that enables users to pivot from analysis and targeting activity to secure virtual browsing on the open, deep, and dark web (Tor, I2P, Freenet, and ZeroNet).

Bluestone Analytics, acquired by CACI in 2021, is a leader in Dark Web exploitation and analysis. Its DarkBlue Intelligence Platform assists defense, security, and intelligence customers in searching and analyzing critical data on the deep and dark web and on select open-source intelligence (OSINT) platforms. Torchlight provides exclusive data through a battle-tested user interface with a library of 17,000+ threat behaviors to streamline analytic processes that enhance decision-making.

With access to the DarkPursuit tool, Torchlight has enhanced its capability for real-time, enhanced decision-making across the spectrum of SOF challenges, including irregular warfare.

Torchlight provides AI-enabled risk intelligence software designed to protect people, property, and ideas. For SOF customers, Torchlight uses behavioral analytics to identify leading indicators of risk at scale and globally. With Catalyst, customers can easily build and deploy custom AI models for a wide range of mission-oriented use cases, including natural language processing, image and video analysis, predictive analytics, and more.

“Torchlight is thrilled to partner with CACI, a leading provider of technology and expertise to the federal government. CACI’s DarkPursuit technology is an industry gold standard and fills a capability gap that helps us to provide our customers, especially SOF, with the advantage they need,” said James Bourie, Chief Executive Officer of Torchlight. “Together, we will leverage our collective capabilities to deliver innovative solutions that drive mission success.”

Meet CACI and Torchlight at SOF Week 2023, May 8-12, in Tampa, Florida

The Greater NDIA Tampa Bay Chapter in partnership with the SEAL Legacy Foundation, Torchlight AI, and CACI will host a panel discussion on “Countering GPC through strategic deterrence by optimizing TSOC interoperability with commercial data.”

Join us on May 8 at 6 p.m. ET by registering here: https://www.seallegacy.org/events/ndia-tampa/

The discussion will be moderated by Leslie Babich, Director of SOFWERX

Panelists include:

  • Col. Rhea Pritchett, Program Executive Officer (PEO), SOF Digital Applications

  • Mr. John Markham, Deputy Division Chief J39, SOCOM

  • Ms. Faye Cuevas, Deputy Chief of Staff, SOCAF

  • Vice Adm. (Ret.), Robert Sharp, NGA Director, (former)

Or visit CACI in booth #1313 to learn more.

ABOUT CACI

CACI’s approximately 22,000 talented employees are ever vigilant in providing the unique expertise and distinctive technology that address our customers’ greatest enterprise and mission challenges. Our culture of good character, innovation, and excellence drives our success and earns us recognition as a Fortune World’s Most Admired Company. As a member of the Fortune 1000 Largest Companies, the Russell 1000 Index, and the S&P MidCap 400 Index, we consistently deliver strong shareholder value. Visit us at www.caci.com.

There are statements made herein which do not address historical facts, and therefore could be interpreted to be forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Such statements are subject to factors that could cause actual results to differ materially from anticipated results. The factors that could cause actual results to differ materially from those anticipated include, but are not limited to, the risk factors set forth in CACI’s Annual Report on Form 10-K for the fiscal year ended June 30, 2022, and other such filings that CACI makes with the Securities and Exchange Commission from time to time. Any forward-looking statements should not be unduly relied upon and only speak as of the date hereof.

Corporate Communications and Media:

Lorraine Corcoran

Executive Vice President, Corporate Communications

(703) 434-4165, [email protected]

Investor Relations:

Daniel Leckburg

Senior Vice President, Investor Relations

(703) 841-7666, [email protected]

KEYWORDS: Virginia Florida District of Columbia United States North America

INDUSTRY KEYWORDS: Technology Aerospace Manufacturing Professional Services Artificial Intelligence Defense Other Defense Software Contracts Networks Data Analytics Internet Security Government Technology

MEDIA:

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Cleveland-Cliffs New 4-Year Labor Agreement Ratified by the IAM Represented Employees at Middletown Works

Cleveland-Cliffs New 4-Year Labor Agreement Ratified by the IAM Represented Employees at Middletown Works

CLEVELAND–(BUSINESS WIRE)–
Cleveland-Cliffs Inc. (NYSE: CLF) announced today that its employees represented by the International Association of Machinists and Aerospace Workers (IAM) Local 1943 at its Middletown Works steelmaking plant ratified a new 4-year labor agreement. The new agreement is effective on May 15, 2023, and covers approximately 2,100 hourly employees.

Lourenco Goncalves, Chairman, President and Chief Executive Officer of Cleveland-Cliffs said, “We are pleased to have concluded the process of negotiating and implementing a new labor agreement at Middletown Works. The agreement just ratified by our union represented employees is fair, equitable and beneficial for our employees and for the company. Middletown Works is a very important producer of automotive-grade steels, and one of the steel mills Cleveland-Cliffs relies upon in order to continue to be – among all steel companies in North America – the undisputed leader as a supplier of steel to the automotive industry. We thank all the members of the IAM and Cleveland-Cliffs negotiating teams for their dedication to reach this agreement.”

About Cleveland-Cliffs Inc.

Cleveland-Cliffs is the largest flat-rolled steel producer in North America. Founded in 1847 as a mine operator, Cliffs also is the largest manufacturer of iron ore pellets in North America. The Company is vertically integrated from mined raw materials, direct reduced iron, and ferrous scrap to primary steelmaking and downstream finishing, stamping, tooling, and tubing. Cleveland-Cliffs is the largest supplier of steel to the automotive industry in North America and serves a diverse range of other markets due to its comprehensive offering of flat-rolled steel products. Headquartered in Cleveland, Ohio, Cleveland-Cliffs employs approximately 27,000 people across its operations in the United States and Canada.

MEDIA CONTACT:

Patricia Persico

Senior Director, Corporate Communications

(216) 694-5316

INVESTOR CONTACT:

James Kerr

Manager, Investor Relations

(216) 694-7719

KEYWORDS: Ohio United States North America

INDUSTRY KEYWORDS: Machine Tools, Metalworking & Metallurgy Mining/Minerals Automotive Manufacturing Aerospace Manufacturing Natural Resources Steel

MEDIA:

Evolus to Report First Quarter 2023 Results and Provide Business Update

Evolus to Report First Quarter 2023 Results and Provide Business Update

NEWPORT BEACH, Calif.–(BUSINESS WIRE)–
Evolus, Inc. (NASDAQ: EOLS), a performance beauty company with a customer-centric approach focused on delivering breakthrough products, today announced that it will report its first quarter 2023 financial results and provide a business update on Tuesday, May 9, 2023, after the U.S. financial markets close.

Evolus management will host a conference call and live webcast to discuss these results at 4:30 p.m. ET that same day. A question-and-answer session will follow management’s remarks.

To participate in the conference call, dial (877) 407-6184 (U.S.) or (201) 389-0877 (international) or connect to the live webcast via the link on the Investor Relations page of the Evolus website at www.evolus.com.

Following the completion of the call, a telephonic replay can be accessed by dialing (877) 660-6853 (U.S.) or (201) 612-7415 (international) and using conference number 13737457. An archived webcast can also be accessed on the Investor Relations page of the Evolus website at www.evolus.com.

About Evolus, Inc.

Evolus (Nasdaq: EOLS) is a performance beauty company evolving the aesthetic neurotoxin market for the next generation of beauty consumers through its unique, customer-centric business model and innovative digital platform. Our mission is to become a global, multi-product aesthetics company based on our flagship product, Jeuveau® (prabotulinumtoxinA-xvfs), the first and only neurotoxin dedicated exclusively to aesthetics and manufactured in a state-of-the-art facility using Hi-Pure™ technology. Visit us at www.evolus.com and follow us on LinkedIn, Twitter, Instagram or Facebook.

Jeuveau® is a registered trademark of Evolus, Inc.

Hi-Pure is a trademark of Daewoong Pharmaceutical Co, Ltd.

Investor/Media Contact:

David K. Erickson, Evolus, Inc.

Vice President, Investor Relations

Tel: 949-966-1798

Email: [email protected]

Media Contact:

Email: [email protected]

KEYWORDS: California United States North America

INDUSTRY KEYWORDS: Luxury Women Biotechnology Health Cosmetics Consumer Pharmaceutical General Health Retail

MEDIA:

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Motorola Solutions Gives Public Safety in Portugal a Mission-Critical Boost

Motorola Solutions Gives Public Safety in Portugal a Mission-Critical Boost

Portuguese government invests in nationwide TETRA digital radio communications network

CHICAGO–(BUSINESS WIRE)–Motorola Solutions (NYSE: MSI) has been awarded a five-year contract by the Portuguese Ministry of the Internal Administration to maintain and enhance the country’s mission-critical public safety communications network. This agreement enables 180 public safety agencies and 40,000 first responders including police, fire and medical services to benefit from a modern, highly reliable and secure TETRA communications network.

Built and deployed by Motorola Solutions and operated by SIRESP (Sistema Integrado de Redes de Emergência e Segurança de Portugal), the digital radio network continues to provide vital communications to public safety organizations in Portugal during day-to-day operations as well as during emergencies, such as wildfires, floods and associated rescue missions.

Motorola Solutions will deliver a comprehensive suite of public safety services for SIRESP, including 24×7 local support and technical consultancy services, helping to keep technology up-to-date, secure and performing reliably in any situation or emergency.

“We value and respect the trusted partnership we have shared with SIRESP and Portugal’s public safety organizations for many years,” said Michael Kaae, corporate vice president at Motorola Solutions. “Public safety communications is an essential service that must operate at the highest levels and in the harshest environments. With the combination of our resilient, purpose-built technology and strong local team of communications experts, we’re proud to continue supporting Portugal’s public safety agencies in their mission to protect the nation’s communities.”

Portugal is amongst many other countries worldwide that continue to rely on TETRA digital radios and networks for mission-critical voice communications for public safety organizations. The latest TETRA report from the analyst firm, Omdia, highlights the continued growth of the TETRA market*. Motorola Solutions has deployed more than 1,000 TETRA systems worldwide, from large nationwide to local networks.

Notes to the Editor:

*Source: Omdia “Tetra Terminals – 2022 Data”

About Motorola Solutions

Motorola Solutions is a global leader in public safety and enterprise security. Our solutions in land mobile radio communications, video security & access control and the command center, bolstered by managed & support services, create an integrated technology ecosystem to help make communities safer and businesses stay productive and secure. At Motorola Solutions, we’re ushering in a new era in public safety and security. Learn more at www.motorolasolutions.com.

Susanne Stier

Motorola Solutions

Mobile: +49 (0)172 6161773

[email protected]

KEYWORDS: Illinois Europe United States Portugal North America

INDUSTRY KEYWORDS: Mobile/Wireless Technology Security Law Enforcement/Emergency Services Telecommunications Public Policy/Government Software Networks Hardware Data Management

MEDIA:

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Gentex and ODC Network Break Ground on Innovative Preschool

ZEELAND, Mich., May 05, 2023 (GLOBE NEWSWIRE) — Dozens of representatives from educational institutions, community organizations, economic development groups, and state and local government gathered today in Zeeland, Michigan, as Gentex Corporation (NASDAQ: GNTX) and the ODC Network (ODC) broke ground on the Gentex Discovery Preschool, an on-site daycare center and preschool designed to provide quality, subsidized childcare for the children of Gentex employees.

“Improving access to affordable, quality childcare is a goal shared by all the groups represented here today,” said Gentex President and CEO Steve Downing. “Finding and paying for childcare has increasingly become a burden for far too many in our community. It’s a barrier to employment that also negatively affects child development, household financial stability, and overall economic growth. We trust this facility will become a meaningful benefit for Gentex employees, allow individuals to reenter the workforce, and create childcare openings throughout the community.”

The Gentex Discovery Preschool: An ODC Network Early Childcare Center, will consist of a 43,000-square-foot facility to be built on Gentex’s corporate campus in Zeeland. It will include 12 daycare rooms, three infant rooms, office and common space, a food preparation area, and indoor play center. There will also be many outdoor nature-based playscapes and a fishing pond.

The facility will be owned by Gentex and operated by the ODC Preschools division of the ODC Network. ODC Preschools provides nature-based childcare and early childhood education programming. Children spend time outdoors each day, learning through active play and exploration.

“Employer-based childcare centers are strategically important to the continued growth of West Michigan,” said ODC’s CEO Travis Williams. “They benefit the employer by helping attract and retain talent, the economy by expanding the workforce, and children by reducing the achievement gap and improving health and educational outcomes.”

The Gentex Discovery Preschool will be the first of its kind in the area, due in part to its extended hours of operation, which will accommodate the children of both first- and second-shift workers, with a capacity target of up to 250 children per shift. Gentex plans to offer discounted childcare rates as a benefit of employment.

Over the past couple years, Gentex has been systematically addressing some of the region’s most significant barriers to employment. In 2021, the company launched Spanish-speaking assembly lines to expand employment opportunities for West Michigan’s growing Hispanic community. Today, over 200 Spanish-speaking employees work on various production lines throughout the company.

Later this month, the company plans to open a satellite production facility in the Madison Square neighborhood of Grand Rapids. By expanding its manufacturing footprint, Gentex plans to boost its employee base and provide greater access to well-paying jobs for those unlikely to commute to Zeeland due to rising transportation costs.

ODC Preschools’ mission is to provide quality, nature-based, early childhood experiences that prepare young children to be active, independent learners with a lifelong connection to the natural world. ODC Preschools is one of ODC Network’s nine divisions.

Founded in 1974, Gentex Corporation (NASDAQ: GNTX) is a supplier of automatic-dimming rearview mirrors and electronics to the automotive industry, dimmable aircraft windows for aviation markets, and fire protection products to the fire protection market. Visit the company website at www.gentex.com.

Gentex Media Contact

Craig Piersma
(616) 772-1590 x4316
[email protected]
                                    ODC Network Media Contact

Alexa Redick
(616) 502-1386
[email protected]
     
Gentex Investor Relations Contact

Josh O’Berski
(616) 772-1800 x5814
[email protected]
   
     

Photos accompanying this announcement are available at:

https://www.globenewswire.com/NewsRoom/AttachmentNg/ade0bd63-c7d1-41b8-94f7-88e1843789be

https://www.globenewswire.com/NewsRoom/AttachmentNg/520defa3-a1dc-4fcd-9856-70d129fcdc36

https://www.globenewswire.com/NewsRoom/AttachmentNg/5e786dc0-47da-4bd6-afcf-c1c36be6dce1

https://www.globenewswire.com/NewsRoom/AttachmentNg/3d26475c-3af1-49e7-94ae-f5b1cbb43809



Zions Bancorporation’s Board Declares Dividends on Common and Preferred Stock

Zions Bancorporation’s Board Declares Dividends on Common and Preferred Stock

SALT LAKE CITY–(BUSINESS WIRE)–
Zions Bancorporation, N.A. (NASDAQ: ZION) announced today that its board of directors (“board”) declared a regular quarterly dividend of $0.41 per common share, payable May 25, 2023 to shareholders of record at the close of business on May 18, 2023.

Additionally, the board declared regular quarterly cash dividends on the company’s various perpetual preferred shares, as detailed below.

The cash dividend on the following series are payable June 15, 2023 to shareholders of record on June 1, 2023:

  • Series A (NASDAQ: ZIONP; CUSIP: 98973A104);

  • Series G (NASDAQ: ZIONO; CUSIP: 989701859); and

  • Series I (CUSIP: 989701BD8)

The cash dividend on the Series J (CUSIP: 989701BF3) shares is payable on September 15, 2023 to shareholders of record on September 1, 2023.

Zions Bancorporation, N.A. is one of the nation’s premier financial services companies with 2022 net revenue of $3.2 billion and approximately $90 billion of total assets. Zions operates under local management teams and distinct brands in 11 western states: Arizona, California, Colorado, Idaho, Nevada, New Mexico, Oregon, Texas, Utah, Washington, and Wyoming. The Bank is a consistent recipient of national and state-wide customer survey awards in small and middle-market banking, as well as a leader in public finance advisory services and Small Business Administration lending. In addition, Zions is included in the S&P 500 and NASDAQ Financial 100 indices. Investor information and links to local banking brands can be accessed at zionsbancorporation.com.

James Abbott

Director of Investor Relations

Tel: (801) 844‐7637

KEYWORDS: Utah United States North America

INDUSTRY KEYWORDS: Banking Professional Services Finance

MEDIA:

DXP Sets Date for 2023 First Quarter Earnings Release and Conference Call

DXP Sets Date for 2023 First Quarter Earnings Release and Conference Call

HOUSTON–(BUSINESS WIRE)–DXP Enterprises, Inc. (NASDAQ:DXPE), a leading products and service distributor that adds value and total cost savings solutions to MRO and OEM customers in virtually every industry, plans to issue a press release announcing its financial results for the first quarter ended March 31, 2023, on Wednesday, May 10th. The earnings announcement will be released before the market opens. DXP will host a conference call, to be webcast live, on the Company’s website (www.dxpe.com) at 10:00 A.M. Central Time on that same day.

The call and an accompanying slide presentation will be on the “Investor Relations” section of DXP’s website at www.dxpe.com. A replay of the webcast will be available shortly after the conclusion of the presentation.

DXP’s earnings press release, the slides and other related presentation materials will be posted to the “Investor Relations” section of DXP’s website under the subheading “Financial Information” after the market closes on the date of the earnings call and will remain available following the call.

Web participants are encouraged to go to the Company’s website (www.dxpe.com) at least 15 minutes prior to the start of the call to register, download and install any necessary audio software.

The Private Securities Litigation Reform Act of 1995 provides a “safe-harbor” for forward-looking statements. Certain information included in this press release (as well as information included in oral statements or other written statements made by or to be made by the Company) contains statements that are forward-looking. Such forward-looking information involves important risks and uncertainties that could significantly affect anticipated results in the future; and accordingly, such results may differ from those expressed in any forward-looking statement made by or on behalf of the Company. These risks and uncertainties include, but are not limited to; ability to obtain needed capital, dependence on existing management, leverage and debt service, domestic or global economic conditions, and changes in customer preferences and attitudes. For more information, review the Company’s filings with the Securities and Exchange Commission.

DXP Enterprises, Inc.

Kent Yee, 713-996-4700

Senior Vice President, CFO

www.dxpe.com

KEYWORDS: Texas United States North America

INDUSTRY KEYWORDS: Oil/Gas Chemicals/Plastics Retail Commercial Building & Real Estate Construction & Property Energy Manufacturing Other Transport Mining/Minerals Forest Products Agriculture Natural Resources Transport Logistics/Supply Chain Management Food/Beverage

MEDIA:

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TDS Telecom remains on track in its multi-year fiber program

The Madison, Wisconsin-based company is more than halfway to goal of 1.2 million marketable fiber service addresses by 2026

Madison, Wisconsin, May 05, 2023 (GLOBE NEWSWIRE) — TDS Telecommunications LLC (TDS®) is pleased with its first quarter results and is on track to meet its operational and financial goals for the year. The telecommunications company deployed 25,000 marketable fiber service addresses in the quarter and remains confident it will reach 175,000 by year-end. Senior Vice President of Finance and CFO Michelle Brukwicki updated the company’s progress on its fiber expansion program, a multi-year journey that includes fiber construction in about 100 communities primarily in the Pacific Northwest and Wisconsin. TDS is targeting 1.2 million marketable fiber service addresses by 2026; it ended the quarter with 607,000. The company is also targeting 60% of total service addresses to be served by fiber by 2026; it ended the quarter with 40%. And the company plans to offer speeds of 1Gig or higher to at least 80% of its footprint by 2026; it finished the quarter with 67% at Gig speeds.

“We are pleased with the pace and progress of our fiber builds and our expansion results so far,” said Brukwicki. “We’ve been scaling up our service address deployment since we launched the program and have a repeatable process in place as we expand it.”

TDS continues to address the broadband needs of its most rural markets as well. It is upgrading copper networks with support from state broadband grant programs and by meeting its obligations under the federal A-CAM program, which the company expects the FCC to extend.

“We are very enthusiastic about an A-CAM extension,” said Brukwicki. “It would provide an additional 6 years of support for speeds of 100 down and 20 up, the same speeds as BEAD, the Broadband Equity, Access and Development program.” The company believes that extending the A-CAM program first and then pursuing BEAD would provide the fastest path for TDS to take fiber deeper into its communities.

The company shared its broadband investments continue to drive positive results. TDS experienced a 4% increase year over year in total broadband residential connections and is seeing a demand for faster broadband speeds with 72% of customers taking 100Mbps or greater, up from 67% a year ago. In some markets, TDS is now offering 8 Gig speeds. Total residential broadband revenue increased 8% while total revenues increased 1%. Price increases and overall product mix, partially offset by promotions, drove a 4% increase in average residential revenue per connection.

TDS’ 2023 guidance remains unchanged with forecasted revenues of $1.03 billion to $1.06 billion. This reflects the goal of top-line growth driven by continued improvements in residential revenues across all markets, offsetting declines in commercial and wholesale revenues. Adjusted EBITDA is expected to be between $260 to $290 million; capital expenditures are expected to be between $500 and $550 million in 2023. Both metrics reflect continued upfront spending to support the company’s fiber expansion program.

For more information please visit the TDS newsroom at https://tdstelecom.com/about/news.html or contact Kit Beyer.



Kit Beyer
TDS Telecommunications LLC
(608) 664-4428
[email protected]

Comcast Corporation and Sky Limited Announce Pricing Terms of Offers to Purchase Certain of their Outstanding Senior Debt Securities

Comcast Corporation and Sky Limited Announce Pricing Terms of Offers to Purchase Certain of their Outstanding Senior Debt Securities

PHILADELPHIA–(BUSINESS WIRE)–
Comcast Corporation (“Comcast”) today announced the pricing terms of its previously announced cash tender offers to purchase any and all of its outstanding 3.700% Notes due 2024 (the “3.700% Notes”) and any and all of its outstanding 3.375% Notes due 2025 (the “3.375% Notes”) and Sky Limited, a subsidiary of Comcast (“Sky” and, together with Comcast, the “Issuers”) today announced the pricing terms of its previously announced cash tender offer to purchase any and all of its outstanding 3.750% Senior Unsecured Notes due 2024 (the “3.750% Notes” and, together with the 3.375% Notes and the 3.700% Notes, the “Fixed Rate Notes”).

As previously announced, Comcast is also offering $1,006 per $1,000 principal amount of its outstanding Floating Rate Notes due 2024 (the “Floating Rate Notes” and, together with the Fixed Rate Notes, the “Notes”) validly tendered and accepted for purchase pursuant to Comcast’s cash tender offer to purchase any and all of its outstanding Floating Rate Notes.

The consideration offered per $1,000 principal amount of Notes validly tendered and accepted for purchase pursuant to the applicable offers is set forth in the table below:

Title of Security

 

CUSIP

 

Aggregate Principal

Amount Outstanding

 

Maturity Date

 

Treasury

Reference Security

 

Bloomberg

Reference

Page

 

Reference Treasury Yield

 

Fixed

Spread

 

Consideration(1)

3.700% Notes due 2024 issued by Comcast Corporation …………………

 

20030NCR0

 

$2,500,000,000

 

April 15,

2024

 

0.375% due April 15, 2024

 

FIT3

 

4.790%

 

+0 bps

 

$990.17

Floating Rate Notes due 2024 issued by Comcast Corporation …………………

 

20030NCX7

 

$500,000,000

 

April 15,

2024

 

N/A

 

N/A

 

N/A

 

N/A

 

$1,006.00

3.750% Senior Unsecured Notes due 2024 issued by Sky Limited…………………

 

111013AL2 and G15632AP0

 

$1,250,000,000

 

September 16, 2024

 

0.375% due

September 15, 2024

 

FIT4

 

4.389%

 

+25 bps

 

$988.45

3.375% Notes due 2025 issued by Comcast Corporation …………………

 

20030NBL4

 

$993,400,000

 

February 15, 2025

 

2.000% due February 15, 2025

 

FIT4

 

4.085%

 

+5 bps

 

$987.16

(1) Per $1,000 principal amount of Notes validly tendered before the Expiration Time (as defined below), not validly withdrawn and accepted for purchase. In addition to the applicable consideration, all holders whose Notes are accepted for purchase will also receive accrued and unpaid interest on such Notes from, and including, the last interest payment date up to, but excluding, the Settlement Date (as defined below).

The consideration offered per $1,000 principal amount of Fixed Rate Notes validly tendered and accepted for purchase pursuant to the applicable offers was determined by the Joint Dealer Managers referred to below in the manner described in the Offer to Purchase (as defined below) by reference to the applicable fixed spread specified above for such series of Fixed Rate Notes plus the yield based on the applicable bid-side price of the Treasury Reference Security specified above for such series of Fixed Rate Notes as quoted on the Bloomberg Reference Page specified above for such series of Fixed Rate Notes as of 11:00 a.m., New York City time today.

The tender offers will expire at 5:00 p.m., New York City time, on May 5, 2023, unless extended or earlier terminated (the “Expiration Time”). Holders who have validly tendered their Notes may withdraw such Notes at any time at or prior to the Expiration Time. The Guaranteed Delivery Date is May 9, 2023. The Issuers expect to pay the applicable consideration for Notes validly tendered and not validly withdrawn at or prior to the Expiration Time on May 10, 2023, the third business day following the Expiration Time (the “Settlement Date”). The tender offers are conditioned upon satisfaction of certain conditions, but are not conditioned upon any minimum amount of Notes being tendered.

The complete terms and conditions of the tender offers are set forth in the Offer to Purchase, dated May 1, 2023 (the “Offer to Purchase”) and in the related Notice of Guaranteed Delivery, along with any amendments and supplements thereto, which holders are urged to read carefully before making any decision with respect to the tender offers. The Issuers have retained Deutsche Bank Securities Inc. and TD Securities (USA) LLC to act as Joint Dealer Managers in connection with the tender offers. Copies of the Offer to Purchase and the related Notice of Guaranteed Delivery may be obtained from D.F. King & Co., Inc., the Tender and Information Agent for the tender offers, by phone at +1 (212) 269-5550 (banks and brokers) or +1 (877) 487-5045 (all others), by email at [email protected] or online at https://www.dfking.com/cmcsa. Questions regarding the tender offers may also be directed to the Joint Dealer Managers as set forth below:

Deutsche Bank Securities Inc.

1 Columbus Circle

New York, NY 10019

Attention: Liability Management Group

Toll-Free: +1 (866) 627-0391

Collect: +1 (212) 250-2955

TD Securities (USA) LLC

1 Vanderbilt Avenue, 11th Floor

New York, NY 10017

Attention: Liability Management Group

Toll Free: +1 (866) 584-2096

Collect: +1 (212) 827-2842

Email: [email protected]

This news release is neither an offer to purchase nor a solicitation of an offer to sell any securities. The tender offers are being made only by, and pursuant to the terms of, the Offer to Purchase and the related Notice of Guaranteed Delivery. The tender offers are not being made in any jurisdiction in which the making or acceptance thereof would not be in compliance with the securities, blue sky or other laws of such jurisdiction. In any jurisdiction where the laws require the tender offers to be made by a licensed broker or dealer, the tender offers will be made by the Joint Dealer Managers on behalf of the Issuers. None of the Issuers, the Tender and Information Agent or the Joint Dealer Managers, nor any of their affiliates, makes any recommendation as to whether holders should tender or refrain from tendering all or any portion of their Notes in response to the tender offers.

About Comcast Corporation

Comcast Corporation (Nasdaq: CMCSA) is a global media and technology company. From the connectivity and platforms we provide, to the content and experiences we create, our businesses reach hundreds of millions of customers, viewers, and guests worldwide. We deliver world-class broadband, wireless, and video through Xfinity, Comcast Business, and Sky; produce, distribute, and stream leading entertainment, sports, and news through brands including NBC, Telemundo, Universal, Peacock, and Sky; and bring incredible theme parks and attractions to life through Universal Destinations & Experiences. Visit www.comcastcorporation.com for more information.

Caution Concerning Forward-Looking Statements

This press release includes statements that may constitute forward-looking statements. In evaluating these statements, readers should consider various factors, including the risks and uncertainties we describe in the “Risk Factors” sections of our most recent Annual Report on Form 10-K, our most recent Quarterly Report on Form 10-Q and other reports filed with the Securities and Exchange Commission (SEC). Factors that could cause our actual results to differ materially from these forward-looking statements include changes in and/or risks associated with: the competitive environment; consumer behavior; the advertising market; programming costs; consumer acceptance of our content; key distribution and/or licensing agreements; use and protection of our intellectual property; our reliance on third-party hardware, software and operational support; keeping pace with technological developments; cyber attacks, security breaches or technology disruptions; weak economic conditions; acquisitions and strategic initiatives; operating businesses internationally; natural disasters, severe weather-related and other uncontrollable events; loss of key personnel; laws and regulations; adverse decisions in litigation or governmental investigations; labor disputes; and other risks described from time to time in reports and other documents we file with the SEC. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date they are made, and involve risks and uncertainties that could cause actual events or our actual results to differ materially from those expressed in any such forward-looking statements. We undertake no obligation to update or revise publicly any forward-looking statements, whether because of new information, future events or otherwise.

Investor Contacts:

Marci Ryvicker +1 (215) 286-4781

Jane Kearns +1 (215) 286-4794

Marc Kaplan +1 (215) 286-6527

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John Demming +1 (215) 286-8011

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ITW Board Of Directors Declares Quarterly Dividend

GLENVIEW, Ill., May 05, 2023 (GLOBE NEWSWIRE) — The Board of Directors of Illinois Tool Works Inc. (NYSE: ITW) declared a dividend on the company’s common stock of $1.31 per share for the second quarter of 2023. The dividend equates to $5.24 per share on a full-year basis. The dividend will be paid on July 13, 2023 to shareholders of record as of June 30, 2023.

About Illinois Tool Works

ITW (NYSE: ITW) is a Fortune 200 global multi-industry manufacturing leader with revenue of $15.9 billion in 2022. The company’s seven industry-leading segments leverage the unique ITW Business Model to drive solid growth with best-in-class margins and returns in markets where highly innovative, customer-focused solutions are required. ITW’s approximately 46,000 dedicated colleagues around the world thrive in the company’s decentralized and entrepreneurial culture. www.itw.com

Media Contact Investor Relations
Tel: 224.661.7451 Karen Fletcher
[email protected]  Tel: 224.661.7433
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