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ALLEN, Texas, July 27, 2021 (GLOBE NEWSWIRE) -- PFSweb, Inc. (NASDAQ:PFSW), a global commerce services company, held its Annual Meeting of Stockholders today, July 27, 2021 in Allen, Texas. All Company proposals were approved by the Company's stockholders, including: the election of seven directors; compensation of the Company's named executive officers on a non-binding, advisory basis; an amendment to the 2020 Stock and Incentive Plan to increase the number of shares of Common Stock issuable thereunder by 1,000,000 shares; an amendment to the Rights Agreement with Computershare Shareowner Services, LLC; and the appointment of BDO USA, LLP as the Company's independent auditors for the fis
NEW YORK, Feb. 22, 2021 (GLOBE NEWSWIRE) -- LiveArea, a global customer experience and commerce agency, and business unit of PFSweb (NASDAQ: PFSW), today announced the appointment of Rashmi Sethi as Group Creative Director and head of the company’s newly incubated Innovation Lab and Creative Studio. The facility will centralize the company’s global work designing and building prototypes and accelerators for global clients. Sethi brings to LiveArea more than 20 years of experience working in innovation, experience design, and digital business transformation. She has a multi-disciplinary background in economics, science, and statistics, and is a practitioner of design thinking. She has le
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transcosmos (the Company) hereby announces that the Company resolved at the Company’s Management Meeting held on October 10, 2023, to apply for a tender for all outstanding shares of PFSweb, Inc. ((Investment Securities, NASDAQ:PFSW) commenced by GXO Logistics, Inc. under the U.S. securities laws (the Tender Offer). The Company will tender all the shares it holds in PFSW (16.2% of all outstanding shares of PFSW) through the tender offer, https://www.trans-cosmos.co.jp/english/ir/news/pdf/ir231010_e.pdf
The most overbought stocks in the information technology sector presents an opportunity to go short on these overvalued companies. The RSI is a momentum indicator, which compares a stock's strength on days when prices go up to its strength on days when prices go down. When compared to a stock's price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered overbought when the RSI is above 70. Here’s the latest list of major overbought players in this sector. Jabil Inc. (NYSE:JBL) Jabil reported mixed fourth-quarter results and issued strong first-quarter earnings guidance. "The team delivered yet another solid year and
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- GXO Logistics to Acquire All Outstanding PFSweb Shares for $7.50 Per Share, Representing a 58% Premium to PFSW's 20-Day VWAP - - Transaction Expected to be Completed in the Fourth Quarter of 2023 - IRVING, Texas, Sept. 14, 2023 (GLOBE NEWSWIRE) -- PFSweb, Inc. (NASDAQ:PFSW) (the "Company" or "PFSweb") has entered into an Agreement and Plan of Merger to be acquired by GXO Logistics, Inc. (NYSE:GXO) ("GXO"), the world's largest pure-play contract logistics provider, for an equity value of approximately $181 million. The transaction is expected to close in the fourth quarter of 2023. The merger agreement provides for GXO, through a subsidiary, to commence a tender offer to acquire
IRVING, Texas, Aug. 01, 2023 (GLOBE NEWSWIRE) -- PFSweb, Inc. (NASDAQ:PFSW) (the "Company"), a premier eCommerce order fulfillment provider, will hold a conference call on Tuesday, August 8, 2023 at 5:00 p.m. Eastern time to discuss its financial results for the second quarter ended June 30, 2023. The results will be reported in a press release prior to the conference call. PFSweb management will host the conference call, followed by a question-and-answer period. Date: Tuesday, August 8, 2023Time: 5:00 p.m. Eastern time (2:00 p.m. Pacific time)Registration Link: https://register.vevent.com/register/BIb20bcf14cc76474b842c7ddc0f9cc909 Please call the conference telephone number 5-10 minut
eCommerce Fulfillment and Luxury Brand Demand Drive Service Fee Revenue Growth and Sales Booking Momentum, Building Upon Record 2022 Performance Recorded Strongest Q1 Fulfillment Activity Levels in Company History Reiterating Full Year 2023 Guidance of 5% to 10% Annual Service Fee Revenue Growth IRVING, Texas, May 09, 2023 (GLOBE NEWSWIRE) -- PFSweb, Inc. (NASDAQ:PFSW) (the "Company") is reporting results for the first quarter ended March 31, 2023. "In the first quarter, we carried on the momentum from our record performance in 2022, with solid service fee revenue growth and continued strong sales booking activity," said Mike Willoughby, CEO of PFSweb. "Our se
Needham reiterated coverage of PFSweb with a rating of Buy and set a new price target of $8.00 from $10.00 previously
NEW YORK, Sept. 15, 2023 (GLOBE NEWSWIRE) -- Hostess Brands, Inc. (NASDAQ:TWNK) Lifshitz Law PLLC announces an investigation into possible breach of fiduciary duties in connection with the sale of TWNK to The J.M. Smucker Company for $30.00 in cash and 0.03002 shares of The J.M. Smucker Company common stock for each share of TWNK common stock owned. If you are a TWNK investor, and would like additional information about our investigation, please complete the Information Request Form or contact Joshua Lifshitz, Esq. by telephone at (516)493-9780 or e-mail at [email protected]. Avantax, Inc. (NASDAQ:AVTA) Lifshitz Law PLLC announces an investigation int
- GXO Logistics to Acquire All Outstanding PFSweb Shares for $7.50 Per Share, Representing a 58% Premium to PFSW's 20-Day VWAP - - Transaction Expected to be Completed in the Fourth Quarter of 2023 - IRVING, Texas, Sept. 14, 2023 (GLOBE NEWSWIRE) -- PFSweb, Inc. (NASDAQ:PFSW) (the "Company" or "PFSweb") has entered into an Agreement and Plan of Merger to be acquired by GXO Logistics, Inc. (NYSE:GXO) ("GXO"), the world's largest pure-play contract logistics provider, for an equity value of approximately $181 million. The transaction is expected to close in the fourth quarter of 2023. The merger agreement provides for GXO, through a subsidiary, to commence a tender offer to acquire
Acquisition of leading U.S.-based eCommerce order fulfillment platform expands GXO's presence in North America, increases exposure to compelling, high-growth verticals and adds key service capabilities. Transaction expected to close in fourth quarter 2023. GREENWICH, Conn., Sept. 14, 2023 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE:GXO), the world's largest pure-play contract logistics provider, and PFSweb, Inc. (NASDAQ:PFSW), a premier, tech-enabled eCommerce order fulfillment platform based in the United States, today announced they have entered into a definitive agreement pursuant to which GXO will acquire PFSweb for $7.50 per share in cash, representing an equity value