Day: May 15, 2020

(UPM, Helsinki, 15.5.2020 klo 17.40 EET) – UPM vie kasvuhankettaan eteenpäin Uruguayssa täydellä vauhdilla. UPM ja Uruguayn uusi hallitus ovat sopineet UPM:n kasvuhankkeeseen liittyvistä avoimista asioista, jotka vahvistavat entisestään niin kasvuhankkeen toteutusta, UPM:n nykyisiä toimintoja Uruguayssa kuin paikallista taloutta.UPM ja Uruguayn hallitus näkevät kasvuhankkeen toteutuksen ja siitä Uruguaylle koituvien taloudellisten hyötyjen varmistamisen erittäin tärkeiksi etenkin huomioiden COVID-19 pandemia ja sen mahdolliset vaikutukset Uruguayn talouteen.Molemmat osapuolet ovat sitoutuneita investointisopimukseen, jonka UPM ja Uruguayn edellinen hallitus allekirjoittivat marraskuussa 2017. Hankkeen menestyksekäs toteuttaminen edellyttää useita rakennustöihin, infrastruktuuriin, energiaan ja alueellisen kehitykseen liittyviä asioita,...

Örugg orkuvinnsla á tímum heimsfaraldursHelstu atriði árshlutareikningsHagnaður fyrir óinnleysta fjármagnsliði nam 44,0 milljónum USD (6,3 ma.kr.), en var 50,5 milljónir USD á sama tímabili árið áður og lækkar því um  12,7% milli tímabila.Hagnaður tímabilsins var 31,5 milljónir USD (4,5 ma.kr.) en var 41,2 milljónir USD á sama tímabili árið áður.Rekstrartekjur námu 126,2 milljónum USD (17,9 ma.kr.) og lækka um 7,0 milljónir USD (5,3%) frá sama tímabili árið áður.Nettó skuldir lækkuðu um 54,2 milljónir USD (7,7 ma.kr.) frá áramótum og voru í lok mars 1.637,3 milljónir USD (232,5 ma.kr.).   Handbært fé frá rekstri nam 75,4 milljónum USD (10,7 ma.kr.) sem er 10,2% lækkun frá sama tímabili árið áður.Hörður Arnarson, forstjóri:„Afkoman á fyrsta ársfjórðungi er vel viðunandi í ljósi þess að ytri aðstæður voru áfram krefjandi í rekstri Landsvirkjunar,...

Secure power generation in pandemic timesKey figures from the interim financial statementsProfit before unrealised financial items amounted to USD 44.0 million compared to USD 50.5 million in the same period of the prior year which is a decrease of 12.7%.The profit for the period was USD 31.5 million compared to USD 41.2 million in the same period of the prior year.Operating revenues amounted to USD 126.2 million decreasing by USD 7.0 million (5.3%) from the same period of the prior  year.Net debt decreased by USD 54.2 million from the beginning of the year and amounted to USD 1,637.3 million at the end of March.Cash flow from operations amounted to USD 75.4 million which is a decrease of 10.2% compared to the same period of the prior year.Hörður Arnarson, CEO:“The first quarter results were acceptable in light of the challenging...

NEW YORK, May 15, 2020 (GLOBE NEWSWIRE) — Seelos Therapeutics, Inc. (Nasdaq: SEEL), a clinical-stage biopharmaceutical company focused on the development of therapies for central nervous system disorders and rare diseases, announced today the appointment of Judith Dunn, Ph.D. to its Board of Directors.Dr. Dunn has had an extensive career in the pharmaceutical and biotechnology industries having served in various roles at F. Hoffman-La Roche AG from March 2010 through January 2018, including Vice President, Global Head of Clinical Development and Principal Medical Group Leader, Neuroscience. She also served as the Executive Medical Director, CNS Clinical Development (Ph I-III) at Sepracor, Inc. from 2005 to 2010 and in a number of roles at Pfizer Inc. from 1997 to 2005, including Director, Worldwide Medical Affairs, Antipsychotics,...

NEW YORK, May 15, 2020 (GLOBE NEWSWIRE) — Weyland Tech, Inc. (OTCQX: WEYL), a leading global provider of mCommerce platform-as-a-service (PaaS), reported results for the first quarter ended March 31, 2020. All quarterly comparisons are to the same year-ago period unless otherwise noted.Q1 Financial HighlightsRevenue increased 76% to a record $15.0 million. The increase was due to a $3.3 million or 38% increase in subscription revenue generated by the company’s CreateApp B2B mCommerce platform and $3.2 million contributed by its new Push Interactive subsidiary acquired on January 8, 2020.Consolidated gross profit increased 75% to $2.6 million or 17.7% of consolidated revenue. Cash and cash equivalents and restricted cash totaled $4.0 million at March 31, 2020.Q1 2020 Operational HighlightsAcquired the assets and operations of Push...

CLEVELAND, May 15, 2020 (GLOBE NEWSWIRE) — Crawford United Corporation (OTC: CRAWA), a growth-oriented holding company serving diverse markets, today reported results for the three-month period ended March 31, 2020.For the quarter, sales were $25.3 million compared with $21.8 million in the same period last year, an increase of 16%.  In this quarter, the Company recorded operating income of $3.1 million compared with operating income of $2.6 million in the same period last year, an increase of 22%.  The increases in sales and operating income were primarily related to the acquisition of Marine Products International in January.  Net income was $2.1 million, or $0.63 per fully diluted share, compared to $1.7 million, or $0.55 per fully diluted share in the same period last year, an increase of 19%.  Brian Powers, Chairman and CEO,...

TORONTO, May 15, 2020 (GLOBE NEWSWIRE) — Datametrex AI Limited (the “Company” or “Datametrex”) (TSXV: DM, FSE: D4G, OTC: DTMXF) is pleased to announce it has received a purchase order for (the “PO”) COVID-19 test kits from a Canadian based mining company with over 4,000 employees in multiple jurisdictions outside of Canada.Under the terms of the PO, Datametrex will sell to the purchaser an initial 10,000 units of COVID-19 Detection Kits, comprising of 10,000 3 mL Universal Transport Medium (UTM®) Sterile Swabs with 16x100mm Skirted Tubes with Plastic Red Capture Caps, and 1 Real-Time PCR Detection System machine to analyze the samples. The total gross sales amount is approximately $500,000 CDN, excluding shipping. Datametrex anticipates that it will have little or no upfront costs associated with the sale of these test kits. The...

TORONTO, May 15, 2020 (GLOBE NEWSWIRE) — Global Atomic Corporation (“Global Atomic” or the “Company”), (TSX: GLO, OTCQX: GLATF, FRANKFURT: G12) announced today it has raised gross proceeds of C$3,323,000 pursuant to the closing of a non-brokered private placement of 5,538,335 Units at a price of C$0.60. Units consist of one common share and one-half common share purchase warrant exercisable at C$0.85 for a period of two years from closing, subject to accelerated expiry should Global Atomic Corporation common shares close at or above C$1.10 on the Toronto Stock Exchange for twenty (20) consecutive trading days.A cash finder’s fee equal to 5% of cash raised and finder’s warrants equal to 5% of common shares placed was paid pursuant to the closing of certain orders for a total of $114,400 and 149,000 finders warrants. Finder’s warrants...