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Day: June 11, 2020

Jiayin Group States Its Policy Not To Comment On Unusual Market Activity Or Speculative Matters

SHANGHAI, June 11, 2020 (GLOBE NEWSWIRE) — Jiayin Group Inc. (“Jiayin” or the “Company”) (NASDAQ: JFIN) is a leading fintech platform in China. In light of unusual increases in the price and trading volume of the Company’s American depositary shares (“ADSs”) on June 10, 2020, Jiayin stated that its policy is not to comment on unusual market activity or speculative matters. Jiayin is unaware of the reason causing such increases and cautions investors that the trading price of the Company’s ADSs could be subject to significant volatility for various reasons that are out of the Company’s control. Further information regarding this and other risks relating to the Company’s ADSs is included in the Company’s annual report on Form 20-F and other documents filed with the Securities and Exchange Commission.About Jiayin Group Inc.Jiayin Group...

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CORRECTION: CAVU Resources Announces Record Quarterly Gross Revenue of $1,504,567

CHARLOTTE, N.C., June 11, 2020 (GLOBE NEWSWIRE) —  In a release issued on Thursday, June 11th by CAVU Resources, Inc. (OTC: CAVR), please note that the headline should read “CAVU Resources Announces Record Quarterly Gross Revenue of $1,504,567″, not “CAVU Resources Announces Record Quarterly Net Revenue of $1,504,567.” The corrected release follows:CAVU Resources (OTC: CAVR), a Charlotte based real estate development and technology company, today announced company record breaking numbers for both quarterly net revenue and income.With its acquisition of Sinacori Builders closing on February 12th, 2020, the company achieved its quarterly net revenue and income numbers in just 6 weeks. The company expects significant growth going forward.Q1 2020 Financial Highlights Gross revenue was a record $1,504,567Net income...

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Tulosvaroitus: Sopranon liikevaihto kasvaa maltillisesti ja liiketulos paranee selvästi koronaviruksesta huolimatta

Soprano Oyj sisäpiiritieto 11.6.2020 klo 18.20Tulosvaroitus: Sopranon liikevaihto kasvaa maltillisesti ja liiketulos paranee selvästi koronaviruksesta huolimattaAiemmassa tulosohjauksessaan, joka julkistettiin 19.3.2020, yhtiö arvioi, että koronaviruksen aiheuttaman poikkeuksellisen tilanteen vuoksi koulutustoimialan markkinaolosuhteet ovat merkittävästi heikentyneet ja sen vuoksi Soprano arvioi, että konsernin liikevaihto laskee ja liiketulos heikkenee.Yhtiön alkuvuosi on ollut koronaviruksen vuoksi erittäin haasteellinen. Liikevaihto ja kannattavuus ovat olleet selkeästi edellisvuotta jäljessä.Soprano on edellisen tulosohjauksen jälkeen onnistunut koulutusvientihankkeilla korvaamaan koronaviruksen aikana pohjoismaisilla kotimarkkinoilla heikentyneen kysynnän. Yhtiön vertailukelpoinen tilauskanta on tällä hetkellä 20 prosenttia suurempi...

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Inertial Measurement Unit (IMU) Market Size Worth USD 24.91 Billion by 2027; Increasing Application of Artificial Intelligence-powered Devices in Military Operations to Aid Market Growth, Says Fortune Business Insights™

Pune, June 11, 2020 (GLOBE NEWSWIRE) — The global inertial measurement unit market size is projected to reach USD 24.91 billion by 2027, exhibiting a CAGR of 9.22% during the forecast period. Wide applicability of IMU sensors will be the key growth-driving factor for this market, according to the new Fortune Business Insights™ report, titled “Inertial Measurement Unit (IMU) Market Size, Share and Industry Analysis, by Component (Accelerometers, Gyroscopes, and Magnetometers), By Technology (Mechanical Gyro, Ring Laser Gyro, Fiber Optics Gyro, MEMS and Others), By Platform (Airborne, Ground, Marine/Naval, and Space), By End-use Industry (Aerospace & Defense, Consumer Electronics, Marine/Naval, Automotive and Others), and Regional Forecast, 2020 – 2027”.Inertial measurement units (IMUs) are a form of sensor technology that have...

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Pennexx Partners With Global Digital Forensics to Create a Cloud-Based Forensic Dashboard

Philadelphia, PA, June 11, 2020 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — Pennexx Foods (OTC:PNNX) has entered into a partnership agreement with Global Digital Forensics (GDF) to develop cloud-based forensic tools. Digital forensics is a multi-billion dollar industry which is expected to grow to almost 10 billion annually by 2022 by market estimations.Typically, when digital forensics are required, the client calls and various analysts are deployed to perform groundwork tasks like evidence collection, which can be expensive and time consuming due to the manpower required. The digital forensics industry has a glaring need for tools which can be used by the client directly instead of having to rely on analysts to perform the basic functions. This reduces costs and speeds results.These tools are desirable because it frees analysts to focus...

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BOK Financial names Sean Hampton Chief Marketing Officer

TULSA, Okla., June 11, 2020 (GLOBE NEWSWIRE) — BOK Financial (NASDAQ: BOKF) has named Sean Hampton senior vice president, chief marketing officer. Hampton will develop new marketing initiatives to drive growth, spur innovation and steward the company’s brand across all lines of business and the company’s eight-state footprint. He will also play an important role in shaping the company’s analytics and martech strategy to increase scalable growth and bottom-line revenue growth.“We are so pleased to welcome Sean to BOKF and look forward to his leadership of our marketing and corporate communications team,” said Derek Martin, executive vice president and Consumer banking executive for BOK Financial, to whom Hampton will report. “Sean’s success at creating a strategic vision for his team as well as his extensive background in digital...

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Sugar Alcohol Market to Exhibit a CAGR of 7.75% by 2027; Increasing Preference for Sugar-based Alternatives to Fuel Demand: Fortune Business Insights™

Pune, June 11, 2020 (GLOBE NEWSWIRE) — The global Sugar Alcohol market size is projected to reach USD 6.70 Billion by 2027 backed by increasing demand for gluten-free food products across the globe. Fortune Business Insights, in its latest report, titled “Sugar Alcohol Market Size, Share & COVID-19 Impact Analysis, By Type (Sorbitol, Xylitol, Maltitol, Erythritol, and Isomalt), Application (Food and Beverages, Pharmaceuticals, and Cosmetics and Personal Care), and Regional Forecast, 2020 – 2027.” observes that the market was worth USD 3.61 Billion in 2019 and will exhibit a CAGR of 7.75% between 2019 and 2027.We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to...

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CAVU Resources Announces Record Quarterly Net Revenue of $1,504,567

CHARLOTTE, N.C., June 11, 2020 (GLOBE NEWSWIRE) — CAVU Resources (OTC: CAVR), a Charlotte based real estate development and technology company, today announced company record breaking numbers for both quarterly net revenue and income.With its acquisition of Sinacori Builders closing on February 12th, 2020, the company achieved its quarterly net revenue and income numbers in just 6 weeks. The company expects significant growth going forward.Q1 2020 Financial Highlights Gross revenue was a record $1,504,567Net income was a record $1,059,946Positive earnings per share of $0.000816Q1 Earnings CallAudio recording of the call: https://go.aws/2LRSxBqManagement Commentary“This is just the start of something special.  Our team is focused, prepared and beyond excited about what is yet to come.  I want all our shareholders to know, this quarter,...

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Recro Highlights Manufacturing Readiness For Essential Drugs and Medical Supplies

Company Owns and Operates Over 120,000 Square Feet of U.S. cGMP and DEA-Licensed Contract Development and Manufacturing Facilities Focused on Creating Oral, Solid Dose Drug ProductsLong, Proven Track Record of Successful Commercial Drug Product Manufacturing, Serving Both Large Pharma and Emerging CompaniesGAINESVILLE, Ga., June 11, 2020 (GLOBE NEWSWIRE) — Recro Gainesville, Inc. (Nasdaq:REPH), a leading contract development and manufacturing organization (CDMO), with integrated solutions for the development, formulation, regulatory support, manufacturing and packaging of oral solid dose drug products, today highlighted its readiness and available capacity to secure new oral drug product manufacturing contracts for its CDMO facilities in Gainesville, GA. In support of future commercial growth Recro Gainesville is installing a 400...

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Mortgage Rates Remain Relatively Flat

MCLEAN, Va., June 11, 2020 (GLOBE NEWSWIRE) — Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing that the 30-year fixed-rate mortgage (FRM) averaged 3.21 percent.“The rebound in homebuyer demand continued this week, driven by mortgage rates that hover near record lows,” said Sam Khater, Freddie Mac’s Chief Economist. “This turnaround in demand, particularly by those who have higher incomes than the typical household, also reflects deferred sales from the Spring.”News Facts30-year fixed-rate mortgage averaged 3.21 percent with an average 0.9 point for the week ending June 11, 2020, up slightly from last week when it averaged 3.18 percent. A year ago at this time, the 30-year FRM averaged 3.82 percent.  15-year fixed-rate mortgage averaged 2.62 percent with an average 0.8 point,...

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