Kimball International Shareholders Approve Transaction with HNI Corporation

13 June, 2023

JASPER, Ind., May 31, 2023 (GLOBE NEWSWIRE) — Kimball International, Inc. (NASDAQ: KBAL) today announced that its shareholders approved the adoption of the merger agreement with HNI Corporation (NYSE: HNI). The transaction is expected to close on June 1, 2023.

Steelcase further expands in India, opening a flagship dealer showroom in Hyderabad

27 May, 2023

Hyderabad: 27th May, 2023: Steelcase, the global design and thought leader in the world of work, announced the opening of its flagship dealer showroom in Hyderabad. In partnership with Seating World, the expansive Steelcase multi-level showroom in Hyderabad further solidifies Steelcase’s presence in India and Asia Pacific cities, with showrooms in Bangalore, Mumbai, Delhi, Tokyo, Shanghai, Beijing, Hong Kong, Singapore and Sydney.

Victory Capital Management Inc. Lowers Stake in HNI Corp: Examining Recent Market Trends and Implications

27 May, 2023

Victory Capital Management Inc., an investment management firm, recently announced that it has lowered its stake in HNI Corp. This business services provider is primarily involved in offering workplace furnishings and residential building products to its clients. The firm has two major operating segments – the Workplace Furnishing segment and the Residential Building Products segment.

Victory Capital Management Inc. Has $9.52 Million Holdings in HNI Co. (NYSE:HNI)

26 May, 2023

Victory Capital Management Inc. lessened its stake in HNI Co. (NYSE:HNI) by 31.0% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 299,575 shares of the business services provider’s stock after selling 134,400 shares during the quarter. Victory Capital Management Inc. owned 0.72% of HNI worth $9,517,000 at the end of the most recent reporting period.

 

State Board of Administration of Florida Retirement System Decreases Stake in Kimball International Amidst Economic Uncertainty

24 May, 2023

The State Board of Administration of Florida Retirement System has recently announced that they have decreased their stake in Kimball International, Inc., a prominent industrial company trading on the NASDAQ under the ticker symbol KBAL. According to their latest disclosure with the Securities and Exchange Commission (SEC), the institutional investor lowered its holdings by 29.9% in the fourth quarter.

BISLEY CHOOSES NEW NORTHERN SHOWROOM

24 May, 2023

Office furniture designer and manufacturer Bisley has chosen Manchester as the home for its new Northern showroom.

The showroom will launch this summer in Calico on Mosley Street.

Bisley has been described as a “great addition” to the city and Calico where they have leased 2,906 sq ft of workspace within The Duplex. Bisley’s new Northern showroom will be its eighth and will promote the firm’s expanding portfolio of products and support its growing customer base in the North of England.

Office giant Sedus announces partnership with Watson Furniture Group

23 May, 2023

Sedus Stoll AG, the Germany based office furniture giant, and US based Watson Furniture Group have announced a new global partnership. The deal was signed at last year’s Orgatec office furniture exhibition. For both companies, the global partnership is seen a logical next step in the development of their businesses, the firms claim. Shared values and similar market strategies and expertise in the areas of technology and manufacturing are an excellent stepping stone to strategic cooperation.

MillerKnoll Inc. (MLKN) Shares Decline by -0.89% to Close at $15.61

23 May, 2023

As of close of business last night, MillerKnoll Inc.’s stock clocked out at $15.61, down -0.89% from its previous closing price of $15.75. In other words, the price has decreased by -$0.14 from its previous closing price. On the day, 594758 shares were traded. MLKN stock price reached its highest trading level at $15.90 during the session, while it also had its lowest trading level at $15.45.

Institutional Investor Increases Position in MillerKnoll, Inc. by Impressive 286.1% During Q4

22 May, 2023

Recent SEC filings reveal that institutional investor, Thrivent Financial for Lutherans, has increased its position in MillerKnoll, Inc. by an impressive 286.1% during the fourth quarter of the fiscal year. The financial services firm now holds over 77,500 shares of MillerKnoll’s stock, marking an increase of 57,429 shares in just three months.

Freedman’s Office Furniture Celebrates 44th Anniversary in the Office Furnishing Industry

18 May, 2023

TAMPA, FL – (NewMediaWire) – May 18, 2023 – The choice of furniture for an office determines, to a large extent, the productivity and efficiency of the staff. A poorly-built chair, for example, can mean discomfort and a potentially life-threatening health hazard for employees whose jobs require them to be seated on a spot for over ten hours. Such tiny details about furniture speak to the employer’s concern for his staff’s welfare. It is thus pertinent that furniture be purchased from reputable companies that have distinguished themselves with the quality and comfort of their furniture pieces. One such business is Freedman’s Office Furniture.