Day: May 8, 2020

Scatec Solar ASA: Record high power production – robust operations in turbulent times

Written by Customer Service on May 8, 2020. Posted in Earnings Releases And Operating Results.

Oslo, 8 May 2020: Scatec Solar’s first quarter 2020 proportionate revenues was NOK 866 million (1,528) with an EBITDA of NOK 346 million (315) and associated EBITDA margin of 40%. The Power Production segment delivered 349 GWh on proportionate basis, an increase of 162% from the same quarter last year.First quarter revenues decreased compared with the same quarter last year due to lower construction activity only partly offset by higher power production. The EBITDA increased by 10% in the same period, driven by new solar power plants starting commercial operation over the last quarters, doubling EBITDA in the Power Production segment to NOK 331 million (164). This change in segment mix impacted the EBITDA margin positively and resulted in a higher overall margin than in previous periods.“We have so far not experienced any impact of COVID-19...

Molecular Data Inc. Announces the Establishment of its Strategy Advisory Committee

Written by Customer Service on May 8, 2020. Posted in Public Companies.

SHANGHAI, China, May 08, 2020 (GLOBE NEWSWIRE) — Molecular Data Inc. (“Molecular Data” or the “Company”) (NASDAQ: MKD), a leading technology-driven platform in China’s chemical industry, today announced that it has formed a strategy advisory committee and has appointed Junling Li, former vice president of Alibaba Group, as the president of such advisory committee.“Now that we have entered the new strategic development phase following our initial public offering in December 2019, and now face the ‘new norm’ shaped by COVID-19, we established the strategy advisory committee to provide advice, guidance and input on the future development strategies of Molecular Data,” said Dr. Zheng Wang, Chief Executive Officer and Director of the Company. “As a leader in China’s chemical e-commerce industry, we are striving to leverage our technological...

ING posts 1Q2020 net result of €670 million

Written by Customer Service on May 8, 2020. Posted in Earnings Releases And Operating Results.

ING posts 1Q2020 net result of €670 millionAttachmentFul ING Group 1Q2020 Results Press Release (PDF)

ClearStream Announces First Quarter 2020 Financial Results

Written by Customer Service on May 8, 2020. Posted in Public Companies.

CALGARY, Alberta, May 08, 2020 (GLOBE NEWSWIRE) — ClearStream Energy Services Inc. (“ClearStream” or the “Company”) (TSX: CSM) today announced its results for the three months ended March 31, 2020. All amounts are in Canadian dollars and expressed in thousands of dollars unless otherwise noted.“EBITDAS” and “Adjusted EBITDAS” are not standard measures under IFRS. Please refer to the advisory regarding “Non-Standard measures” at the end of this release for a description of these items and limitations of their use.2020 HIGHLIGHTSThe first quarter of 2020 represented a period of unprecedented times. In March 2020, the World Health Organization declared a global pandemic related to the novel coronavirus known as COVID-19. The expected impacts on global commerce are anticipated to be far reaching. Due to public health measures,...

China Index Holdings Announces Filing of Annual Report on Form 20-F for Fiscal 2019

Written by Customer Service on May 8, 2020. Posted in Public Companies.

BEIJING, May 07, 2020 (GLOBE NEWSWIRE) — China Index Holdings Limited (NASDAQ: CIH) (“CIH” or the “Company”), a leading real estate information and analytics service platform provider in China, today announced that it had filed its annual report on Form 20-F for the year ended December 31, 2019 (the “annual report”) with the U.S. Securities and Exchange Commission (the “SEC”) on April 30, 2020.The annual report, which contains the Company’s audited combined and consolidated financial statements, can be accessed on the SEC’s website at http://www.sec.gov as well as through the Company’s investor relations website at http://ir.chinaindexholdings.com. Hard copies of the annual report are available, free of charge, to shareholders upon request.About CIHCIH operates a leading real estate information and analytics service platform in China...

Tree Island Announces Meeting Results for Election of Directors

Written by Customer Service on May 8, 2020. Posted in Public Companies.

VANCOUVER, British Columbia, May 07, 2020 (GLOBE NEWSWIRE) — Tree Island Steel Ltd. (“Tree Island” or the “Company”) (TSX:TSL) announced that all matters put forward for consideration at its 2020 Annual General Meeting of Shareholders (the “Meeting”) received requisite shareholder approval. Results of the voting for the director elections at the Meeting are described below, and additional information regarding the full results of all matters voted on at the Meeting may be found in the Company’s filing on SEDAR.Board of DirectorsAll nominees listed in the management proxy circular for the Meeting were elected as directors of Tree Island. The six director nominees proposed by management were elected by a show of hands. In total 18,134,278 shares were represented in person or by proxy at the meeting, representing approximately 62.9%...

Riverview Bancorp Reports Fourth Quarter and Fiscal Year 2020 Results; Highlighted by Strong Loan and Deposit Growth

Written by Customer Service on May 8, 2020. Posted in Public Companies.

VANCOUVER, Wash., May 07, 2020 (GLOBE NEWSWIRE) — Riverview Bancorp, Inc. (Nasdaq GSM: RVSB) (“Riverview” or the “Company”) today reported earnings of $2.9 million, or $0.13 per diluted share for the fourth fiscal quarter ended March 31, 2020, compared to $4.1 million, or $0.18 per diluted share, in the preceding quarter, and $4.2 million, or $0.19 per diluted share, in the fourth fiscal quarter a year ago. For fiscal 2020, earnings were $15.7 million, or $0.69 per diluted share, compared to $17.3 million, or $0.76 per diluted share, in fiscal 2019.“The COVID-19 pandemic has proven to be an unprecedented time globally, nationally and in the market areas we serve,” stated Kevin Lycklama, president and chief executive officer. “Our team achieved solid operating results in fiscal 2020, driven by organic loan growth, excellent asset...

Spirit Airlines Announces Pricing of Offerings of Common Stock and 4.75% Convertible Senior Notes Due 2025

Written by Customer Service on May 8, 2020. Posted in Public Companies.

MIRAMAR, Fla., May 07, 2020 (GLOBE NEWSWIRE) — Spirit Airlines, Inc. (NYSE: SAVE)(“Spirit”) today announced it has priced its underwritten public offering of 17,500,000 shares of its common stock at a public offering price of $10.00 per share (the “Common Stock Offering”) and its underwritten public offering of $175,000,000 aggregate principal amount of 4.75% convertible senior notes due 2025 (the “Convertible Notes” and such offering, the “Convertible Notes Offering”). The size of the Common Stock Offering was increased from the previously announced 12,000,000 shares of common stock of Spirit, and the aggregate principal amount of the Convertible Notes Offering was increased from the previously announced $150,000,000. The net proceeds to Spirit from the Common Stock Offering and the Convertible Notes Offering, after deducting underwriting...

Aleafia Health Provides Corporate Update

Written by Customer Service on May 8, 2020. Posted in Public Companies.

TORONTO, May 07, 2020 (GLOBE NEWSWIRE) — Aleafia Health Inc. (TSX: ALEF, OTC: ALEAF) (“Aleafia Health” or the “Company”) is announcing that director Bill Stewart has indicated his intention to resign from the Company’s Board effective May 15 along with outgoing directors Julian Fantino and Raf Souccar.As previously announced, two new independent directors, Rhonda Lawson and Glenn Washer will be appointed to the Board on May 16. The new Board will be composed entirely of independent members, furthering the Company’s goal of enacting strong corporate governance and best practices.“On behalf of the Aleafia Health team, I’d like to thank Bill for his long-standing contributions to the Company. Like Julian and Raf, his distinguished record as a first responder, serving as Chief of Toronto’s Fire Services, has served the Company well...

Dundee Corporation Announces Upsize in Sale of Dundee Precious Metals Shares and Warrants for Up to $247.36 Million

Written by Customer Service on May 8, 2020. Posted in Public Companies.

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR RELEASE PUBLICATION, DISTRIBUTION OR DISSEMINATION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES.TORONTO, May 07, 2020 (GLOBE NEWSWIRE) — Dundee Corporation (TSX: DC.A) (the “Corporation” or “Dundee”) is pleased to announce that it has increased the size of the secondary offering being made pursuant to an agreement with RBC Dominion Securities Inc. and Stifel GMP (together, the “Dealers”) to sell 23,900,000 units (the “Units”) at a price of $6.35 per Unit to qualified purchasers, for gross proceeds to Dundee of $151,765,000 (the “Sale Transaction”). Each Unit consists of one (1) common share of Dundee Precious Metals Inc. (“Dundee Precious”) owned by Dundee (a “Unit Share”) and one-half (0.5) of a common share purchase warrant (each whole...

Day: May 8, 2020

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals