State Tipoffs Involving California Newsletter for Friday February 28, 2025 ( 28 items ) |
ADT Reports Fourth Quarter and Full-Year 2024 Earnings Results
GLENDALE, California, Feb. 28 -- ADT Inc., a provider of security and automation solutions for homes and businesses, issued the following news on Feb. 27, 2025:
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ADT reports fourth quarter and full-year 2024 earnings results
Strong full year earnings growth; GAAP EPS up 40%, Adjusted EPS up 25%
GAAP operating cash flows up 14%; Adjusted Free Cash Flow including interest rate swaps up 42%
Record recurring monthly revenue and customer retention
Returned $423 million to shareholders and
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Attorney General Bonta Files Amicus Brief Supporting Nevada Voting Rights Law
SACRAMENTO, California, Feb. 27 -- California Attorney General Rob Bonta issued the following news release:
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Attorney General Bonta Files Amicus Brief Supporting Nevada Voting Rights Law
Coalition argues that Nevada law is constitutional and helps increase voter participation
OAKLAND -- California Attorney General Rob Bonta today joined a coalition of 17 attorneys general in filing an amicus brief with the U.S. Court of Appeals for the Ninth Circuit in support of a Nevada mail-in ballo
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Attorney General Bonta Secures Favorable Court Decision on Affordable Housing Project in Goleta
SACRAMENTO, California, Feb. 27 -- California Attorney General Rob Bonta issued the following news release:
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Attorney General Bonta Secures Favorable Court Decision on Affordable Housing Project in Goleta
Court sides with Attorney General's position on project
OAKLAND -- California Attorney General Rob Bonta today released a statement in response to the Santa Barbara County Superior Court's decision requiring the City of Goleta to accept and process a preliminary application for a prop
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BILLY CRUDUP, CARRIE UNDERWOOD, LIONEL RICHIE, LUKE BRYAN, RUPAUL AND BRIAN TYREE HENRY HEADLINE GUEST LINEUP FOR THE WEEK OF MARCH 3-7 ON 'LIVE WITH KELLY AND MARK'
BURBANK, California, Feb. 27 [Category: BizArts/Cultural] -- ABC, a division of Walt Disney, posted the following news release:
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BILLY CRUDUP, CARRIE UNDERWOOD, LIONEL RICHIE, LUKE BRYAN, RUPAUL AND BRIAN TYREE HENRY HEADLINE GUEST LINEUP FOR THE WEEK OF MARCH 3-7 ON 'LIVE WITH KELLY AND MARK'
Nationally syndicated morning talk show "Live with Kelly and Mark" announces the lineup of guests appearing on the show the week of March 3-7.
Monday, March 3 - It's Hollywood's BIGGEST MORNING:
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Companies Largely Maintain Inclusion, Equity, and Diversity Commitments Amid Trump Anti-IE&D Policies, Though Concerns About Legal Risks Grow, Littler Survey Finds
SAN FRANCISCO, California, Feb. 28 (TNSres) -- Littler, a law firm, issued the following news release:
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Companies Largely Maintain Inclusion, Equity, and Diversity Commitments Amid Trump Anti-IE&D Policies, Though Concerns About Legal Risks Grow, Littler Survey Finds
As the Trump administration takes aim at inclusion, equity, and diversity (IE&D) initiatives, new research shows that most businesses are not yet making significant changes to their programs and commitments. Nearly half (49%
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CoreLogic: U.S. Overall Delinquency Rate Drops Slightly in December
IRVINE, California, Feb. 28 -- CoreLogic, a property, mortgage and consumer information provider, issued the following news release:
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CoreLogic: U.S. Overall Delinquency Rate Drops Slightly in December
* The share of loans 30 or more days past due in December ticked down from the prior month but did not change year over year.
* The nation's serious delinquency rate remained unchanged year over year.
* The U.S. foreclosure rate dropped slightly in December compared to last year.
IRV
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Daily Journal Names Covington's Defense Wins for Meta and Microsoft as Top Verdicts of 2024
WASHINGTON, Feb. 27 -- Covington, a law firm, issued the following news release:
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Daily Journal Names Covington's Defense Wins for Meta and Microsoft as Top Verdicts of 2024
LOS ANGELES/SAN FRANCISCO/WASHINGTON-- The Daily Journal selected Covington's successful defense of Meta, in the Social Media Cases, and Microsoft, in the Cousart v. OpenAI LP class action, as two of its Top Verdicts of 2024, recognizing the largest and most significant verdicts in California in 2024.
A Covington te
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Dynamo AI Helps Accelerate Experian's Safe and Secure GenAI Adoption
COSTA MESA, California, Feb. 27 [Category: BizFinancial Services] -- Experian, an information services company, posted the following news release:
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Dynamo AI Helps Accelerate Experian's Safe and Secure GenAI Adoption
Global data and technology company transforms its everyday operations by integrating compliant GenAI capabilities at scale
San Francisco, February 27, 2024 - Dynamo AI, makers of compliant-ready AI for the enterprise, today announced that Experian has successfully producti
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Edison International Reports Fourth-Quarter and Full-Year 2024 Results
ROSEMEAD, California, Feb. 28 -- Edison International, an electric power distributor and energy services company, issued the following news release:
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Edison International Reports Fourth-Quarter and Full-Year 2024 Results
* Fourth-quarter 2024 GAAP EPS of $0.88; Core EPS of $1.05
* Full-year 2024 GAAP EPS of $3.33; Core EPS of $4.93
* TKM settlement approved, authorizing $1.6 billion of cost recovery for pre-AB 1054 wildfire
* Revised 2025 Core EPS guidance of $5.94-$6.34 includes impa
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Edison International, Southern California Edison Declare Dividends
ROSEMEAD, California, Feb. 28 -- Edison International, an electric power distributor and energy services company, issued the following news release:
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Edison International, Southern California Edison Declare Dividends
ROSEMEAD, Calif., Feb. 27, 2025 -- The board of directors of Edison International (NYSE: EIX) today declared a quarterly common stock dividend of $0.8275 per share, to be paid on April 30, 2025, to holders of record on April 7, 2025.
The Edison International board of direct
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Former Commerce Department Assistant Secretary for Export Enforcement, Matthew Axelrod, Joins Gibson Dunn to Co-Chair New Sanctions and Export Enforcement Practice Group
LOS ANGELES, California, Feb. 27 [Category: BizLaw/Legal] -- Gibson, Dunn and Crutcher, a law firm, issued the following news:
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Former Commerce Department Assistant Secretary for Export Enforcement, Matthew Axelrod, Joins Gibson Dunn to Co-Chair New Sanctions and Export Enforcement Practice Group
Gibson Dunn is pleased to announce that Matthew Axelrod, formerly the Assistant Secretary for Export Enforcement at the U.S. Department of Commerce's Bureau of Industry and Security (BIS) and th
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Gap Celebrates Comfort and Confidence in New "Feels Like Gap" Spring Campaign
SAN FRANCISCO, California, Feb. 28 -- Gap, a retailer of clothing and accessories, issued the following news release:
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Gap Celebrates Comfort and Confidence in New "Feels Like Gap" Spring Campaign
Starring Parker Posey, "Feels like Gap" spotlights creators through movement, music, and soft product essentials that let you be your truest self
This spring, Gap is celebrating confidence by embracing the power of comfort. The "Feels like Gap" campaign is a tribute to effortless self-expressi
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Gibson Dunn Advises Underwriters on $750 Million Registered Note Offering by Vale Overseas Limited and Vale S.A.
LOS ANGELES, California, Feb. 27 [Category: BizLaw/Legal] -- Gibson, Dunn and Crutcher, a law firm, issued the following news:
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Gibson Dunn Advises Underwriters on $750 Million Registered Note Offering by Vale Overseas Limited and Vale S.A.
Gibson Dunn advised BMO Capital Markets Corp., BofA Securities, Inc., Credit Agricole Securities (USA) Inc., HSBC Securities (USA) Inc., and J.P. Morgan Securities LLC, as global coordinators and joint bookrunners, and Morgan Stanley & Co. LLC and San
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GlobalFoundries and MIT Collaborate to Advance Research and Innovation on Essential Chips for AI
SANTA CLARA, California, Feb. 28 -- GlobalFoundries, a manufacturer of semiconductors, issued the following news release:
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GlobalFoundries and MIT Collaborate to Advance Research and Innovation on Essential Chips for AI
Expanded collaboration includes joint research on GF's leading semiconductor platforms
CAMBRIDGE, Mass. and MALTA, N.Y., February 27, 2025 -- GlobalFoundries (Nasdaq: GFS) (GF) and the Massachusetts Institute of Technology (MIT) today announced a new master research agre
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Governor Newsom grants executive clemency
SACRAMENTO, California, Feb. 26 -- Gov. Gavin Newsom, D-California, issued the following news release:
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Governor Newsom grants executive clemency
SACRAMENTO - Governor Gavin Newsom today announced multiple clemency actions. He granted pardons in three cases. He also sent multiple clemency cases to the Board of Parole Hearings, initiating the process for granting clemency in fifteen cases. He also sent two clemency applications to the Board and directed the Board to conduct risk assessmen
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Governor Newsom partners with 21 Brazilian state governors to protect the environment, cut harmful pollution
SACRAMENTO, California, Feb. 27 -- Gov. Gavin Newsom, D-California, issued the following news release:
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Governor Newsom partners with 21 Brazilian state governors to protect the environment, cut harmful pollution
SACRAMENTO - California and a consortium of 21 Brazilian states are partnering together to combat pollution and foster sustainable economic growth.
Governor Gavin Newsom and Governor Renato Casagrande of the Brazilian state of Espirito Santo signed a Memorandum of Understandin
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Infinera Corporation Fourth Quarter and Fiscal 2024 Financial Results
SUNNYVALE, California, Feb. 28 -- Infinera, a provider of intelligent transport networks, issued the following news release:
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Infinera Corporation Fourth Quarter and Fiscal 2024 Financial Results
FY'24 Highlights:
* Year-over-year growth in bookings and backlog; book-to-bill ratio of approximately 1.1x for FY'24 and 1.3x for Q4'24
* Record revenue with webscalers - total revenue exposure (direct and indirect) greater than 50% of FY'24 revenue
* Significant design wins across the GX s
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Keysight and MediaTek Achieve Near 12Gbps 5G Internet Protocol Data Throughput
SANTA ROSA, California, Feb. 28 -- Keysight Technologies, a global electronic measurement technology and market solutions provider, issued the following news release:
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Keysight and MediaTek Achieve Near 12Gbps 5G Internet Protocol Data Throughput
* Delivers enhanced mobile broadband experiences to deliver superior connectivity
* Ensures faster and more efficient wireless communication for next-generation applications
Keysight Technologies, Inc. (NYSE: KEYS) and MediaTek have collaborat
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Keysight Expands RF and Microwave Portfolio With New Fast and Compact Test Instruments
SANTA ROSA, California, Feb. 28 -- Keysight Technologies, a global electronic measurement technology and market solutions provider, issued the following news release:
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Keysight Expands RF and Microwave Portfolio with New Fast and Compact Test Instruments
* Accelerate wireless product development and manufacturing using versatile solutions with outstanding switching speed and signal purity in a variety of compact form-factors
Keysight Technologies, Inc. (NYSE: KEYS) has expanded its radi
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Kirkland Recognized Among Daily Journal's 2024 Top Verdicts in California
CHICAGO, Illinois, Feb. 27 [Category: BizLaw/Legal] -- Kirkland and Ellis, a law firm, issued the following news release:
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Kirkland Recognized Among Daily Journal's 2024 Top Verdicts in California
The Daily Journal named Kirkland to its annual list of "Top Verdicts in California," which covers everything from high-profile intellectual property matters to personal injury cases.
The Firm was recognized for winning dismissal of a securities class action for public clothing company Torrid,
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Mintz Southern California Attorneys Recognized by Super Lawyers for 2025
BOSTON, Massachusetts, Feb. 28 -- Mintz, a law firm, issued the following news release:
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Mintz Southern California Attorneys Recognized by Super Lawyers for 2025
Super Lawyers has recognized two Mintz attorneys from the firm's Los Angeles office. Danny Guggenheim, Co-Chair of the firm's Real Estate Practice, has been selected for the 2025 Southern California Super Lawyers list, marking his ninth consecutive year on the list. Member David Hanna has been selected to the 2025 Southern Calif
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NetApp Reports Third Quarter of Fiscal Year 2025 Results
SUNNYVALE, California, Feb. 28 -- NetApp, a provider of software, systems and services to manage and store data, issued the following news release:
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NetApp Reports Third Quarter of Fiscal Year 2025 Results
Net revenues of $1.64 billion for the third quarter
View Financial Tables
* All-flash array annualized net revenue run rate1 of $3.8 billion, an increase of 10% year-over-year
* First-party and marketplace cloud storage services revenue again grew more than 40% year-over-year
* Con
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New Ocelot Chip Makes Strides in Quantum Computing
PASADENA, California, Feb. 27 -- The California Institute of Technology posted the following news:
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New Ocelot Chip Makes Strides in Quantum Computing
Scientists based at the AWS Center for Quantum Computing on Caltech's campus have made a leap forward in figuring out how to suppress errors in quantum computers, a pesky problem that continues to be the greatest hurdle to building the machines of the future.
Quantum computers, which are based on the seemingly magical properties of the q
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PhireLink BEAD Grant Demonstrates Savings With Tarana NgFWA
MILPITAS, California, Feb. 28 -- Tarana Wireless Inc., a next-generation fixed wireless access, issued the following news:
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PhireLink BEAD Grant Demonstrates Savings with Tarana ngFWA
Delivering reliable broadband at a fraction of the time and cost of wired solutions, next-generation fixed wireless optimizes BEAD funding to close the digital divide.
Farmerville, Louisiana and Milpitas, California -- February 27, 2025 -- PhireLink, an internet service provider (ISP) in three Southern sta
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Qualcomm and IBM Scale Enterprise-Grade Generative AI From Edge to Cloud
SAN DIEGO, California, Feb. 28 -- Qualcomm, a developer and innovator of advanced wireless technologies, products and services, issued the following news release:
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Qualcomm and IBM Scale Enterprise-grade Generative AI from Edge to Cloud
Highlights:
* Qualcomm and IBM announce expanded collaboration to drive enterprise-ready generative AI solutions across cloud and edge devices.
* Plans to integrate IBM watsonx.governance, designed to help businesses manage their AI responsibly at ente
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Rimini Street Announces Fiscal Fourth Quarter and Annual 2024 Financial and Operating Results
PLEASANTON, California, Feb. 28 -- Rimini Street, a provider of independent enterprise software support services, issued the following news release:
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Rimini Street Announces Fiscal Fourth Quarter and Annual 2024 Financial and Operating Results
Fourth Quarter Financial Highlights Include:
Revenue of $114.2 million, up 1.9% year over year
Gross margin of 63.7% compared to 61.0% in the prior year
Billings of $172.1 million, up 7.1% year over year
LAS VEGAS, February 27, 2025 - Rimini St
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Thunderbolt Share: Using Multiple PCs to Handle Demanding Workflows
SANTA CLARA, California, Feb. 28 -- Intel, an industry that says it creates world-changing technology that enables progress and enriches lives, issued the following news:
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Thunderbolt Share: Using Multiple PCs to Handle Demanding Workflows
New Intel software lets users effortlessly share files, screens and common peripherals between Windows PCs for a faster, more fluid workflow.
The rapid adoption of artificial intelligence has significantly increased demand for developers who can creat
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Veteran, Workers' Rights Lawyer Derek Tran Introduces Bill to Safeguard Veterans' Jobs From Musk's DOGE Firings
WASHINGTON, Feb. 27 -- The Democratic Congressional Campaign Committee posted the following news release:
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Veteran, Workers' Rights Lawyer Derek Tran Introduces Bill to Safeguard Veterans' Jobs From Musk's DOGE Firings
Tran: "They sacrificed so much to protect our country, to defend our freedom... Now they've been kicked to the curb."
As unelected, unaccountable Elon Musk takes a hatchet to government agencies and programs that Americans rely on, Representative Derek Tran is fighting b
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