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Wilmington, Del., Dec. 09, 2024 (GLOBE NEWSWIRE) -- Participating in a tradition that has evolved since 1792, today, employees from Ashland Inc. (NYSE: ASH) gathered on the floor of the New York Stock Exchange as Guillermo Novo, chair and chief executive officer, Ashland, joined by company executives, rang the trading day’s opening bell . The event signifies a decade of evolution, resilience and sustainable solutions for the additives and specialty ingredients company and recognizes its 100-year anniversary. “I want to thank our employees for their dedication, our customers for their trust and our shareholders for their support over the years which continues to be the foundation of our success,” said Guillermo Novo, chair and chief executive officer, Ashland. From its origin of gavel banging to the modern workday bell ringing , the ritual marks the start and end of trading through the years and has come to celebrate economic growth and progress. One year ago, Ashland introduced seven new technology platforms aligned to the company’s pharmaceutical, personal care and specialty additives core, that extend to secondary markets with new and differentiated capabilities to unlock organic growth for Ashland and its customers worldwide. The platform solutions bring “new to the world” sustainable innovations, offering tunable choices to customers to enable the reshaping of their product portfolios, answering global megatrends, and responding to various regulatory landscapes. “As the stock market has demonstrated resilience through devastating lows and exuberant highs over time, Ashland has consistently transformed itself ahead of market trends from an oil and refining company to a matrixed chemical company, and from a broad chemicals and materials provider to the focused additives and specialty ingredients company we are today; integrating environmental, social and governance (ESG) in our operating plans to responsibly solve for a better world,” said Novo. strategy update event Ashland is hosting a strategy update event for analysts and investors on December 10, 2024, in New York City. The company will provide an in-depth review of Ashland’s strategic priorities, key initiatives and financial objectives while emphasizing a proactive approach to market uncertainty in fiscal year 2025. The event includes presentations and prepared remarks from members of Ashland’s executive team, as well as breakout sessions for in-person attendees and an opportunity for both live and webcast attendees to ask questions during moderated Q&A sessions. “This was a year marked by recovery from prolonged inventory destocking in the materials sector, yet Ashland was able to deliver strategic progress, margin expansion, high-quality free cash flow, and disciplined execution across our global portfolio,” continued Novo. “Despite a complex operating environment, we demonstrated our ability to drive value through portfolio optimization, commercial excellence, and focused growth in our core markets. As we execute our strategy, we remain focused on delivering sustainable, profitable growth and long-term shareholder value. I look forward to providing more context during our upcoming event,” concluded Novo. To participate in Ashland’s strategy update event, interested participants must register for the event and have the option to attend via live webcast or in person. Presentations are expected to begin at 9:00 a.m. ET and conclude following Q&A sessions at 11:00 a.m. ET. After Q&A, in-person attendees will have the opportunity to discuss key initiatives with business line leaders and scientists in breakout sessions until 12:00 p.m ET. To register, participants should use the following link: registration page . Registration information and further event details will be posted on Ashland’s investor website at http://investor.ashland.com . A webcast of the event will be available live and can be accessed, along with supporting materials, through the Ashland website. A replay will be available within 24 hours of the live event and will be archived, along with supporting materials, on Ashland’s website for 12 months. Copies of the presentation may also be requested by sending an email to investor_relations@ashland.com About Ashland Ashland Inc. (NYSE: ASH) is a global additives and specialty ingredients company with a conscious and proactive mindset for environmental, social and governance (ESG). The company serves customers in a wide range of consumer and industrial markets, including architectural coatings, construction, energy, food and beverage, personal care and pharmaceutical. Approximately 3,200 passionate, tenacious solvers thrive on developing practical, innovative and elegant solutions to complex problems for customers in more than 100 countries. Visit ashland.com and ashland.com/ESG to learn more. TM Trademark, Ashland or its subsidiaries, registered in various countries. FOR FURTHER INFORMATION: Attachments Press_Release_ASH_100_Yr_Bell_Ringing_20241209 100 yr anniversary lockup for PR Dec 2024Apple has taken the step of halting the sale of its iPhone 14, iPhone 14 Plus, and iPhone SE (3rd generation) in 29 countries, Northern Ireland. As such, this decision conforms to a recent European Union regulation on the adoption of the USB-C charging standard by all electronic devices, including smartphones before 28th of December, 2024. ET Year-end Special Reads Take That: The gamechanger weapon's India acquired in 2024 10 big-bang policy moves Modi government made in 2024 How governments tried to rein in the social media beast The mandate has the goal of decreasing electronic debris, and of homogenizing charging ports, which Apple contested, claiming it. Even though resistance, Apple moved to USB-C with the debut of the iPhone 15 series as well as with other products - such as iPads and AirPods. Due to this, the previous generations of iPhone models that used the Lightning connector may no longer meet the requirements of the EU regulations and have beenremoved from the market in the EU states, Switzerland, and Northern Ireland. Also Read : Magnus Carlsen Walks Out of World Rapid and Blitz Championships Over Jeans Dispute While Apple has removed these models from its official store, third-party retailers may still sell remaining stocks in some regions, such as Amazon Spain. However, this is expected to be a temporary solution. The discontinuation also coincides with reports of declining iPhone SE sales as anticipation builds for a new model in Spring 2025. Beyond Europe, the directive's impact remains limited for now, with other nations unlikely to implement similar legislation before the iPhone 14 is naturally phased out later this year. 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Taylor Swift has solidified her relationship with Travis Kelce by taking this big initiative, here's all about it FAQs: Can I still buy these iPhones in Europe? Yes, but only through third-party resellers while existing stocks last. Apple has officially removed the iPhone 14 and SE from its European stores. Does this ban apply outside Europe? No, the ban is limited to Europe. However, other countries may observe and implement similar regulations in the future. (You can now subscribe to our Economic Times WhatsApp channel )
In-Car Wi-Fi Market to grow by USD 270.54 Billion from 2024-2028, driven by diverse data plans, Report on how AI is redefining the market landscape - TechnavioSebastian Mack made up for a pair of missed late free throws by converting a three-point play with 33 seconds remaining as No. 22 UCLA earned a 65-62 victory over No. 14 Gonzaga on Saturday in the West Coast Hoops Showdown at Inglewood, Calif. Eric Dailey Jr. led UCLA with 18 points and shot 4 of 5 from 3-point range. Kobe Johnson scored all 12 of his points on 4-of-6 shooting from beyond the arc for the Bruins and added eight rebounds. Skyy Clark scored 11 points for UCLA (11-2) with a game-high nine rebounds, while dishing out seven assists. Graham Ike led all scorers with 24 points on 11-of-16 shooting from the floor for Gonzaga (9-4) and snared eight rebounds. Ryan Nembhard finished with 16 points and eight assists for the Bulldogs. Tied 58-58 with 1:18 remaining, Mack drew a shooting foul on Gonzaga's Ike but missed both free throws. Ike's rebound led to Nembhard's go-ahead, pull-up jumper with 56 seconds to go as Gonzaga led 60-58. Mack earned a chance at redemption when he scored on a floater with contact from Emmanuel Innocenti. Mack's bonus foul shot put the Bruins ahead 61-60 to help make up for a rough 1-of-7 shooting afternoon. Clark made a pair of free throws after Dusty Stormer's missed 3-point attempt as UCLA grabbed a 63-60 lead with 13 seconds remaining. The Bruins needed the cushion, as Gonzaga executed a length-of-the-court play that sprung Nembhard for a streaking layup while he was fouled by Mack. But Nembhard missed the free throw that would have tied the game. Down by three in the closing seconds, Nembhard inexplicably took a shot from well beyond half court with four seconds still remaining that was off target. The victory was the Bruins' first over the Bulldogs since 2015, and the fourth game between the teams since the 2020-21 season that was decided by four points or fewer. Gonzaga lost guard Khalif Battle early in the first half when he was ejected for a flagrant foul call on a blocked-shot attempt against Dailey. Battle's ejection contributed to a rough opening for Gonzaga, which trailed by 11 before pulling within two points by halftime. Neither team led by more than six points over the final 17:12. --Field Level Media
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