Day: November 27, 2019

SOITEC REPORTS FIRST HALF RESULTS OF FISCAL YEAR 2020Sales up 30% at constant exchange rates and perimeter1 to €258.5mCurrent operating income up 23% to €51.3mElectronics EBITDA2 margin3 at 30.2% of sales in line with FY guidanceNet profit up 28% at €41.5m·  Electronics net operating cash flow at €36.2m€51.2m capex spent in H1’20FY’20 guidance confirmed: sales growth expected around 30% at constant exchange rates and perimeter1 and Electronics EBITDA2 margin3 expected around 30%Bernin (Grenoble), France, November 27th, 2019 – Soitec (Euronext Paris), a world leader in designing and manufacturing innovative semiconductor materials, today announced its results for the first half of fiscal year 2020 (period ended on September 30th, 2019). The financial statements4 were approved by the Board of Directors during its meeting today.Paul Boudre,...

ALJ and Commission Both Find 3Shape Infringes Four Claims from Three Align PatentsCommission Declines to Find Violation; Align Reviewing Decision and Will Consider Appropriate Response, Including Possible Federal Circuit AppealFive Other Patent Infringement Cases in Delaware Federal District Court Alleging Infringement of Different Patents Not Included in Current ITC investigations are Not Stayed and are in Active LitigationSAN JOSE, Calif., Nov. 27, 2019 (GLOBE NEWSWIRE) — Align Technology, Inc. (NASDAQ: ALGN) announced today that on November 22, 2019 the United States International Trade Commission (ITC) issued an Opinion reviewing an Administrative Law Judge’s Initial Determination in his investigation of 3Shape’s infringement of Align’s patents. Like the ALJ, the Commission Opinion determined that 3Shape infringes four claims...

DALLAS, Nov. 27, 2019 (GLOBE NEWSWIRE) — via OTC PR WIRE – Puration, Inc. (USOTC: PURA) today announced the company has scheduled to close the purchase of a Latin American company intended enable PURA to bottle CBD beverages in Latin America for the Latin American market.  The closing is scheduled for next week, on Thursday, December 5, 2019.  The legal Latin American cannabis market is anticipated to reach $9 billion by 2028.PURA recently closed an acquisition to enable PURA to bottle CBD Beverages in Europe for the European market.  The acquisition initiative in Europe was driven by PURA recently signing a distribution agreement in Europe for its EVERx CBD Sports Water with other CBD infused beverages to follow.  The initial European distribution agreement is estimated to add $4 million in sales next year.  Management indicates...

27. novembril 2019. a toimus Baltic Horizoni korraldatud veebiseminar, kus fondijuht Tarmo Karotam andis ülevaate 2019.a. kolmanda kvartali aruande tulemustest.

On the 27th of November 2019, Baltic Horizon held an investor webinar where fund manager Tarmo Karotam introduced results of Q3 2019 report.

COPENHAGEN, Denmark, November 27, 2019 – Bavarian Nordic A/S (OMX: BAVA, OTC: BVNRY) today held an Extraordinary General Meeting with the results as follows:The Board of Directors was authorized, until June 30, 2020, to increase the share capital of the Company with pre-emptive rights for the existing shareholders through one issue of up to a total of nominally DKK 415,000,000, corresponding to approximately 128% of the Company’s registered share capital. This authorization entails the adoption of a new Article 5e of the Articles of Association as follows:“Article 5eFor the period ending on 30 June 2020, the Board of Directors shall be authorised to increase the Company’s share capital through one issue of up to a total of nominally DKK 415,000,000 (41,500,000 shares of DKK 10 each) by the subscription of new shares....

KØBENHAVN, Danmark, 27. november 2019 – Bavarian Nordic A/S (OMX: BAVA) har i dag afholdt ekstraordinær generalforsamling med følgende resultater:Bestyrelsen blev bemyndiget til i perioden indtil 30. juni 2020 ad én gang at forhøje selskabets aktiekapital med fortegningsret for selskabets aktionærer med op til i alt nominelt kr. 415.000.000 svarende til ca. 128% af selskabets registrerede aktiekapital. Som konsekvens heraf optages følgende nye § 5e i selskabets vedtægter med følgende ordlyd:“§ 5eBestyrelsen er bemyndiget til i perioden indtil 30. juni 2020 ad én gang at forhøje selskabets aktiekapital med op til i alt nominelt kr. 415.000.000 (41.500.000 stk. aktier à kr. 10) ved tegning af nye aktier. De hidtidige aktionærer skal have fortegningsret til tegning af det beløb, hvormed aktiekapitalen forhøjes, forholdsmæssigt efter...

DALLAS, Nov. 27, 2019 (GLOBE NEWSWIRE) — via OTC PR WIRE – Puration, Inc. (USOTC: PURA) today confirmed its $4 million 2019 revenue target and plans for reaching $8 million in 2020 in light of the most recent financial report for the period ended September 30, 2019.PURA reported $1,895,000 in revenue year-to-date through the period ending September 30, 2019.  The year-to-date revenue reflects over one hundred percent (100%) growth.  The company also realized a twelve (12%) percent increase in net profit to $232,500 for the same period.Were sales to remain relatively steady from Q3 to Q4, the 2019 annual income would come in at approximately $2.7 million.  To reach the $4 million 2019 revenue target will require an additional approximate $1.3 million in sales.  With major distribution agreements recently signed in Europe and Latin...