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Day: April 14, 2020

Exco Technologies Limited Announces Second Quarter Results on April 29, 2020

TORONTO, April 14, 2020 (GLOBE NEWSWIRE) — Exco Technologies Limited (TSX – XTC) today announced that it will report its financial results for the second quarter ended March 31, 2020 after the close of business on Wednesday, April 29, 2020. A conference call to discuss those results will be held on Thursday, April 30, 2020 at 10:00 a.m. (Eastern time) which can be accessed by dialing toll free at (866) 572-8261 or internationally at (703) 736-7448. The conference ID is 8765498.To access the live audio webcast, please log on to www.excocorp.com, or https://edge.media-server.com/mmc/p/3hyh53ft a few minutes before the event. For those unable to participate on April 30, 2020, an archived version will be available until May 5, 2020 on the Exco website or by dialing toll free at (855) 859-2056 or internationally at (404) 537-3406....

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CARMAX LAUNCHES CONTACTLESS CURBSIDE PICKUP

RICHMOND, Virginia, April 14, 2020 (GLOBE NEWSWIRE) — CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used cars, today announced new customer offerings amid the COVID-19 pandemic. With the outbreak being at the heart of the world’s focus, many customers are seeking alternative ways to shop for vital essentials. That’s why CarMax is enhancing its online shopping capabilities to include socially distanced and contactless curbside pickup at most open stores nationwide. CarMax also continues to offer home delivery at many open locations, where customers can complete the entire car-buying experience from home and have the vehicle delivered by a CarMax associate.The new CarMax Curbside enables customers to complete the car buying and selling experience while adhering to social distancing practices. Customers won’t have to go...

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Utility Truck Market Size to Reach USD 90.66 Billion by 2026; Increasing Applications Will Create High Product Demand, says Fortune Business Insights™

Pune, April 14, 2020 (GLOBE NEWSWIRE) — The global utility truck market size is projected to reach USD 90.66 billion by the end of 2026. The increasing demand and subsequent availability of utility truck across the world will aid the growth of the market in the coming years. According to a report published by Fortune Business Insights, titled “Utility Truck Market Size, Share & Industry Analysis, By Truck Type (Garbage Truck, Fire Truck, Dump Truck, Sweeper Truck, and Others), By Engine Type (ICE and Electric) and Regional Forecast, 2019-2026,” the market was worth USD 47.22 billion in 2018 and will exhibit a CAGR of 8.7% during the forecast period, 2019-2026.Utility trucks are automobiles that are designed for user-specific purposes. They are manufactured on the basis of the function that they are going to perform. They are...

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County Bancorp, Inc. Provides Update on Businesses Served Through Paycheck Protection Program

MANITOWOC, Wis., April 14, 2020 (GLOBE NEWSWIRE) — County Bancorp, Inc. (NASDAQ: ICBK), the parent company for Investors Community Bank ( “the Bank”), provided an update on the Small Business Administration’s (“SBA”) Paycheck Protection Program (“PPP”) and how the Bank is committed to serving its customers and communities affected by COVID-19.The Bank began accepting PPP applications on April 3, 2020 and as of Tuesday, April 13 it had received more than 553 applications. To date the SBA has approved 510 of these applications, totaling $79.6 million. The total dollar amount funded so far is $52.5 million from 288 loans. This represents more than 6,500 jobs supported within the Bank’s communities. The Bank expects to fund the remaining approved loans within the next couple of days.“As a community bank, our mission is to serve the...

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Drug Eluting Stent Market to Exhibit 6.6% CAGR by 2026; Advent of Novel Drug Eluting Stents Will Contribute Significantly to the Market Growth: Fortune Business Insights™

Pune, April 14, 2020 (GLOBE NEWSWIRE) — The global Drug Eluting Stent Market size is forecast to reach USD 9.58 billion by 2026, attributable to the increasing prevalence of cardiovascular diseases worldwide. A drug eluting stent is a semi-rigid device in the form of a tube that is coated with a drug that helps to prevent restenosis of an arterial blockage when released. They help to reduce restenosis cases and also limits the risk of late or early thrombosis in patients. More information on the market is provided in a recently published report by Fortune Business Insights™ titled, “Drug Eluting Stent Market Size, Share & Industry Analysis, By Type (Coronary Stenting, and Peripheral Stenting), By Scaffold (Cobalt-Chromium, Platinum-Chromium, Nitinol and Others), By Drug (Sirolimus, Paclitaxel, Zotarolimus, Everolimus, and Others),...

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Nokia strengthens position in technology licensing with OZO Audio deal with OnePlus

Press ReleaseNokia strengthens position in technology licensing with OZO Audio deal with OnePlus      The latest OnePlus 8 Pro flagship smartphone is powered by Nokia’s proprietary OZO Audio technology, enabling users to capture and experience true-to-life audio14 April 2020Espoo, Finland – Nokia’s market-leading audio technology, OZO Audio, has been chosen by OnePlus to power one of its latest smartphone models – the OnePlus 8 Pro, launched today, on 14th April 2020. The OnePlus 8 Pro utilizes three innovative OZO Audio features: Audio 3D, Audio Zoom and Audio Windscreen, enabling users to capture precise, high-quality spatial sound.OZO Audio is Nokia’s proprietary audio technology product designed and licensed specifically for smartphones and cameras. This market-leading technology enables users to capture spatial sound with vibrant...

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Report de la date de publication des résultats annuels 2019 et de l’Assemblée Générale

Report de la date de publication des résultats annuels 2019 et de l’Assemblée GénéraleAUREA (Code ISIN : FR0000039232, Code Mnémo : AURE), l’un des premiers acteurs industriels européens dans la régénération des déchets, informe le marché de la modification de son agenda financier en raison de la pandémie Covid-19, en accord avec les positions prises par les autorités de marché.Afin de faire face à la crise sanitaire générée par l’épidémie du Covid-19, AUREA a concentré au cours de ces dernières semaines tous ses efforts pour adapter ses conditions de travail au contexte d’urgence et de confinement obligatoire, et également maintenir opérationnel son outil de travail. Dans ce cadre, le Groupe a par exemple mis en œuvre des mesures de chômage partiel dans les usines qui ont été contraintes à un arrêt d’activité ou dans celles qui ont dû...

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Faurecia strengthens its liquidity by 800 millions euros to face any potential scenario related to the COVID-19 crisis

Nanterre (France), April 14, 2020FAURECIA STRENGTHENS ITS LIQUIDITY BY 800 MILLION EUROSTO FACE ANY POTENTIAL SCENARIO RELATED TO THE COVID-19 CRISISFaurecia announced that it signed on Friday, April 10, 2020 a Club Deal of €800 million with four of its main banks (BNP Paribas, CA-CIB, Société Générale and Natixis) with the following conditions:Maturity: 18 months (12 months + 6 months option at Faurecia’s initiative)Senior unsecured loan, unguaranteed, pari passu with the rest of the Group’s long-term debtDrawn on Friday, April 17, 2020This €800 million liquidity is in addition to the €600 million not drawn from the €1.2 billion syndicated credit line (maturity: June 2024) of which half was recently drawn, in anticipation of the expected decline in factoring of receivables.With €1.4 billion of available liquidity, in addition to its...

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Faurecia renforce sa liquidité de 800 millions d’euros pour faire face à tout scénario éventuel lié à la crise due au COVID-19

Nanterre, le 14 avril 2020FAURECIA RENFORCE SA LIQUIDITE DE 800 MILLIONS D’EUROSPOUR FAIRE FACE A TOUT SCENARIO EVENTUEL LIE A LA CRISE DUE AU COVID-19Faurecia annonce avoir signé, le vendredi 10 avril 2020, un Club Deal de 800 millions d’euros avec quatre de ses banques principales (BNP Paribas, CA-CIB, Société Générale et Natixis) aux conditions suivantes :Maturité : 18 mois (12 mois + option de 6 mois à l’initiative de Faurecia)Prêt senior unsecured, unguaranteed, pari passu avec le reste de la dette à long-terme du GroupeVersement des fonds le vendredi 17 avril 2020Cette liquidité de 800 millions d’euros vient s’ajouter aux 600 millions d’euros non tirés de la ligne de crédit syndiqué de 1,2 milliard d’euros (maturité : juin 2024) qui a été récemment tirée pour moitié, en anticipation de la baisse prévisible de l’affacturage clients.Avec...

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Volta Finance Limited – Net Asset Value as at 31 March 2020

Volta Finance Limited (VTA / VTAS) – March 2020 monthly reportNOT FOR RELEASE, DISTRIBUTION OR PUBLICATION, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES*****Guernsey, 14 April 2020AXA IM has published the Volta Finance Limited (the “Company” or “Volta Finance” or “Volta”) monthly report for March. The full report is attached to this release and will be available on Volta’s website shortly (www.voltafinance.com).PERFORMANCE and PORTFOLIO ACTIVITYIn March, the impact of the COVID-19 crisis was very material on Volta, with the Company’s NAV* falling by -32.4%.The monthly performance** in local currency was: -4.5% for Bank Balance Sheet transactions, -36.9% for CLO Equity tranches; -41.3% for CLO Debt; +0.1% for Cash Corporate Credit deals (this bucket comprises funds that have one-month delay in publishing their NAV); and -11.9% for...

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