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Month: May 2020

CSOL Holding Ltd. reports first quarter 2020 financial results

CSOL Holding’s 1Q-2020 EBITDA amounted to USD 3.7 million and the corresponding EBITDA margin was 5.8%. Sales amounted to USD 63.6 million, up 12.6% compared to 1Q-2019, mainly due to increases in mango and grapes volumes. LTM Sales and EBITDA amounted to USD 333.8 million and USD 117.6 million respectively.  As of March 31st, 2020, the Company maintained a cash balance of USD 29.1 million and a net leverage ratio of 3.3x.The Company continues executing its strategy to become a year-round supplier of fresh fruit to our global clients complementing its Peruvian window operations with investments in Colombia, Uruguay and lately in Chile, and capitalizing on its commercial and logistic platforms.In January 2020, Camposol returned to the international capital markets with the successful placement of USD 350 million in senior unsecured...

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The Movie Studio Releases Corporate Overview

FORT LAUDERDALE, Fla., May 28, 2020 (GLOBE NEWSWIRE) — via NetworkWire – The Movie Studio, Inc. (OTC: MVES) (the “Company”), a vertically integrated motion picture production and distribution company engaged in the acquisition, development, production and distribution of independent motion picture content for worldwide consumption with a particular focus on video on demand (VOD), foreign sales and various media devices, today releases its corporate overview from company President and CEO Gordon Scott Venters.

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Havila Shipping ASA: Ordinary General Meeting held

Havila Shipping ASA held the Ordinary General Meeting on 28 May, 2020 at 14:00 hrs.All the matters for consideration were approved. The minutes from the meeting is attached.Contacts:CEO Njål Sævik, +47 909 35 722CFO Arne Johan Dale, +47 909 87 706This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading ActAttachmentGF 28 05 2020

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Qorvo Announces Proposed Offering of Additional $250 Million of 4.375% Senior Notes Due 2029

GREENSBORO, N.C., May 28, 2020 (GLOBE NEWSWIRE) — Qorvo® (Nasdaq: QRVO), a leading provider of innovative RF solutions that connect the world, today announced that it proposes to offer, subject to market conditions and other factors, an additional $250 million principal amount of its 4.375% senior notes due 2029 (the “Notes”) to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”), and to certain non-U.S. persons in accordance with Regulation S under the Securities Act. Qorvo previously completed the offering of $350 million principal amount of the Notes on September 30, 2019 and $200 million principal amount of the Notes on December 20, 2019. Qorvo expects to use the net proceeds of the offering of additional Notes for general...

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KEMET Publishes Second Annual Corporate Sustainability Report

FORT LAUDERDALE, Fla., May 28, 2020 (GLOBE NEWSWIRE) — KEMET Corporation (“KEMET” or the “Company”) (NYSE: KEM) a leading global supplier of electronic components, released its 2019 Corporate Sustainability Report (CSR), demonstrating its mission in making the world a better, safer, and more connected place to live. The report includes KEMET’s global environmental, social, and governance (ESG) activities, sustainability strategy, and progress towards the Company’s environmental and social responsibility goals for 2020.Sustainability is evident throughout KEMET’s global operations through the adoption of the Responsible Business Alliance Code of Conduct, a world-class conflict minerals program, as well as yearly submissions of data to the Carbon Disclosure Project (CDP) to name a few. Additionally, KEMET’s electronic components are...

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LPL Financial Welcomes Invex Financial

CHARLOTTE, N.C., May 28, 2020 (GLOBE NEWSWIRE) — LPL Financial LLC, a leading retail investment advisory firm and independent broker-dealer, today announced that Invex Financial, led by Susan Lawrence CIMA®, has joined LPL Financial’s broker-dealer, corporate registered investment advisor (RIA) and custodial platforms. The firm reported having served approximately $120 million in brokerage and advisory assets*. The team joins from Wells Fargo Advisors Financial Network.Lawrence, the firm’s president and owner, is an industry veteran with 30 years of experience. A native of the Puget Sound area, Lawrence launched her business on Front Street in Issaquah, Wash., near where she raised her four children, all now adults. The boutique firm, which serves mostly high-net-worth clients, provides detailed, high-touch comprehensive services...

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Blink Charging Achieves Key Milestone of 1,000 Installations of the Fast 19.2 kW IQ 200 EV Charging Stations

Miami Beach, FL, May 28, 2020 (GLOBE NEWSWIRE) — Blink Charging Co. (Nasdaq: BLNK, BLNKW) (“Blink” or the “Company”), a leading owner, operator, and provider of electric vehicle (EV) charging equipment and services, announced the deployment of its 1,000th second-generation level 2 charging station, the IQ 200. This announcement comes following the Company’s first-quarter results, which highlighted rapid expansion and exponential financial growth.The new hardware is deployed across a variety of industries across 30 states. The top venues for the fast Level 2 chargers include multifamily residences, healthcare and educational facilities, dedicated parking facilities, and municipal locations. The nation’s regions with the largest electric vehicle populations have seen the most Blink IQ 200 installations, including California,...

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District Heating Market to Reach USD 237.53 Billion by 2026; Rising Demand for Heating Systems in Cold Countries to Aid Expansion, states Fortune Business Insights™

Pune, May 28, 2020 (GLOBE NEWSWIRE) — The global district heating market size is predicted to reach USD 237.53 billion by 2026, exhibiting a CAGR of 4.11% during the forecast period. The growing consumption of electricity can be an essential factor promoting the growth of the market during the forecast period, states Fortune Business Insights in a report, titled “District Heating Market Size, Share & Industry Analysis, By Heat Source (Coal, Natural Gas, Renewables, Oil & Petroleum Products, and Others), By Plant Type (Boiler, CHP, Others), By Application (Residential, Commercial, Industrial), and Regional Forecast, 2019 – 2026” the market size stood at USD 172.83 Billion in 2018. The rising demand for district heating systems from various industries will spur growth opportunities for the market.The emergence of COVID-19...

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Pieridae Announces First Quarter Results

Solid Financial Returns for a Second Straight QuarterNOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES ORDISSEMINATION IN UNITED STATESHighlights:Revenue of $74.0 million in Q1 2020, an increase of $51.0 million or 222% compared to Q1 2019Petroleum and natural gas revenue increased by $41.4 million or 178% compared to Q1 2019Net operating income1 (“NOI”) increased by $14.1 million or 273% compared to Q1 2019Adjusted Funds Flow From Operations1 (“AFFO”) increased by $12.0 million or 1,845% compared to Q1 2019, and cashflow from operations improved from a deficit of $17.1 million to $6.4 millionQ1 2020 average production was 41,211 barrels of oil equivalent per day (“boe/day”), an increase of 23,975 boe/day or 139% compared to Q1 2019Natural gas physical hedging resulted in a realized natural gas price of $2.23/mcf, 15% higher than...

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