Day: June 2, 2020

SHANGHAI, China, June 02, 2020 (GLOBE NEWSWIRE) — Baozun Inc. (Nasdaq: BZUN) (“Baozun” or the “Company”), the leading brand e-commerce service partner that helps brands execute their e-commerce strategies in China, today announced its unaudited financial results for the first quarter ended March 31, 2020.First Quarter 2020 Financial HighlightsTotal net revenues were RMB1,523.6 million (US$1215.2 million), an increase of 18.4% year-over-year. Services revenue was RMB822.5 million (US$116.2 million), an increase of 22.9% year-over-year.Income from operations was RMB12.8 million (US$1.8 million), as compared with RMB45.8 million in the same quarter of last year. Operating margin was 0.8%, compared with 3.6% in the same quarter of last year.Non-GAAP income from operations2 was RMB36.8 million (US$5.2 million),...

MOUNTAIN VIEW, Calif., June 02, 2020 (GLOBE NEWSWIRE) — Livongo Health, Inc. (“Livongo”) (Nasdaq: LVGO), the leading Applied Health Signals company empowering people with chronic conditions to live better and healthier lives, today announced the pricing of $475.0 million aggregate principal amount of 0.875% convertible senior notes due 2025 (the “notes”) in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). The aggregate principal amount of the offering was increased from the previously announced offering size of $400.0 million. Livongo also granted the initial purchasers a 13-day option to purchase up to an additional $75.0 million aggregate principal amount of notes. The offering is expected to close on June 4, 2020, subject to customary...

HANGZHOU, China, June 02, 2020 (GLOBE NEWSWIRE) — Ruhnn Holding Limited (“Ruhnn” or the “Company”) (NASDAQ: RUHN), a leading internet key opinion leader (“KOL”) facilitator in China, today announced its board of directors (the “Board”) has approved a share repurchase program. Under the terms of the approved program, the Company may repurchase up to US$15 million worth of its outstanding American depositary shares (“ADSs”) from time to time for a period not to exceed twelve months from the date hereof. The Company expects to fund the repurchases made under this program from its existing cash balance. The repurchases may be made in the open market at prevailing market prices or through privately negotiated transactions, including block trades. The purchases will be made subject to restrictions relating to volume, price and timing. The...

CARGOTEC CORPORATION, PRESS RELEASE, 2 JUNE 2020 AT 1 PM (EEST)Cargotec has completed the sale of its share of the joint venture Rainbow-Cargotec Industries Co., Ltd (RCI) in China. As part of the agreement, Cargotec acquired certain operations and assets of the joint venture from Jiangsu Rainbow Heavy Industries Co., Ltd. (RHI), and approximately 160 employees have moved over from RCI to Kalmar.On 11 May 2020, Cargotec announced plans to sell its 49% share of the joint venture to the other owner RHI. RHI now owns 100% of the former joint venture, and the new name of the company is Rainbow Industries Co. Ltd. (RIC). RIC will continue as Cargotec’s subcontractor and provide assembly services for Cargotec’s business areas Kalmar and MacGregor at the factory in Taicang, China.The change aims to simplify Cargotec’s global supply chain operations....

CARGOTEC OYJ, LEHDISTÖTIEDOTE, 2.6.2020 KLO 13Cargotec on saattanut päätökseen omistusosuutensa myynnin Rainbow-Cargotec Industries Co., Ltd (RCI) -yhteisyrityksestä Kiinassa. Sopimuksen osana Cargotec osti tiettyjä toimintoja ja niihin liittyviä omaisuuseriä Jiangsu Rainbow Heavy Industries Co., Ltd.:ltä (RHI), ja noin 160 työntekijää on siirtynyt RCI:stä Kalmariin.Cargotec julkaisi 11.5.2020 suunnitelman 49 % omistusosuutensa myymisestä yhteisyrityksen toiselle omistajalle RHI:lle. RHI omistaa nyt 100% entisestä yhteisyrityksestä, jonka uusi nimi on Rainbow Industries Co. Ltd. (RIC). RIC jatkaa Cargotecin alihankkijana, joka tarjoaa Kalmar- ja MacGregor -liiketoiminta-alueille kokoonpanopalveluita tehtaallaan Taicangissa Kiinassa. Muutoksella pyritään yksinkertaistamaan Cargotecin globaalia toimitusketjua. Toimintamallin yksinkertaistamista...

FORT LEE, NJ, June 02, 2020 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — GD Entertainment and Technology (OTC: GDET) (“GDET” or the “Company”), an emerging leader in the CBD products marketplace, is pleased to report that the Company has engaged EDM Media LLC (“EDM”), a leader in digital marketing and branding strategies, to aggressively drive web traffic to the Company’s CBD e-commerce portal (TheGreeneryCo.com). Increased traffic through the online store is one of the core goals in the Company’s recently launched multi-pronged marketing and brand development strategy.The team at EDM has helped hundreds of clients reach their digital marketing and branding goals over the past two decades.“We have both pricing and product quality advantages to work with, and we are selling to a rapidly growing marketplace, but the x-factor is really...

LONDON, June 02, 2020 (GLOBE NEWSWIRE) — Pressures on workforce availability and maintaining supply chains arising from COVID-19 are proving challenging to the power sector, according to Willis Towers Watson (NASDAQ: WLTW), a leading global advisory, broking, and solutions company, at the launch of its Power Market Review. Additionally, the increasing focus on Environmental Social Governance (ESG) is also having a significant impact on future power sector risk management strategies.The report outlines how the COVID-19 pandemic presents some unique risks to the power sector that must be managed effectively to maintain reliable supply. The report highlights key risks such as reduced electrical demands, moratoriums on construction projects, availability of personnel and travel restrictions which are impacting access to operating assets...

As part of the restructuring of the PWT group, PWT Holding A/S in restructuring transfers, with the consent of the pledgees, all shares in PWT Group A/S in restructuring to new shareholders. PWT Holding A/S in restructuring will be wind-up in the near future.For further information, please contactPWT Holding A/S in restructuringOle Koch Hansen, CEOTelephone: +45 40444130E-mail: ole@pwtgroup.dkClaus Back Nielsen, CFOTelephone: +45 25434611E-mail: cbn@pwtgroup.dkInformation: This information is information that PWT Holding A/S in restructuring is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication at 10,24 on 2 June 2020.AttachmentSelskabsmeddelelse (EN) – Salg af aktier – PWT Holding AS (2020-06-02)

The restructuring proposal for PWT Holding A/S in restructuring’s subsidiary, PWT Group A/S in restructuring, has been adopted by the creditors of PWT Group A/S in restructuring and ratified by the probate court at a meeting in the probate court in Aalborg. The restructuring proposal is available here.Based on PWT Holding A/S in restructuring’s request, the bailiff’s court has postponed the meeting with PWT Holding A/S in restructuring’s creditors, where PWT Holding A/S in restructuring’s restructuring proposal is put to the votes.For further information, please contactPWT Holding A/S in restructuringOle Koch Hansen, CEOTelephone: +45 40444130E-mail: ole@pwtgroup.dkClaus Back Nielsen, CFOTelephone: +45 25434611E-mail: cbn@pwtgroup.dkInformation: This information is information that PWT Holding A/S in restructuring...

Our Annual report 2019 did unfortunately not include the Responsibility statement.We confirm that, to the best of our knowledge, the consolidated financial statements for the year ended 31 December 2019 have been prepared in accordance with IFRS as adopted by the EU, that the financial statements for the parent company for the year ended 31 December 2019 have been prepared in accordance with the Norwegian Accounting Act, that they give a true and fair view of the Company’s and Group’s assets, liabilities, financial position and results of operations, and that the Report of the Board of Directors gives a true and fair review of the development, performance and financial position of the Company and the Group and includes a description of the principle risks and uncertainties that they face.The Annual report 2019 included the Responsibility...