Day: June 25, 2020
MELVILLE, N. Y., June 25, 2020 (GLOBE NEWSWIRE) — FONAR Corporation (NASDAQ-FONR), The Inventor of MR Scanning™, reported today that upon the opening of U.S. markets on June 29, 2020, FONAR will, as part of the annual reconstitution of the Russell Indexes, be joining the broad-market Russell 3000® Index and the Russell 2000® Index. The Russell 3000 Index is a market-capitalization-weighted equity index that tracks the performance of the 3,000 largest U.S.-traded stocks. The Russell 2000 is a subset of the smallest 2000 components.Raymond V. Damadian, M.D., Founder and Chairman of FONAR stated, “We believe our inclusion in the Russell indexes is a major milestone for the Company. It reflects FONAR’s strong financial performance and increases the Company’s visibility to investors.”Timothy Damadian, president and CEO of FONAR, added,...
Worthington Reports Fourth Quarter Fiscal 2020 Results
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
COLUMBUS, Ohio, June 25, 2020 (GLOBE NEWSWIRE) — Worthington Industries, Inc. (NYSE: WOR) today reported net sales of $611.6 million and net earnings of $16.2 million, or $0.29 per diluted share, for its fiscal 2020 fourth quarter ended May 31, 2020. Net earnings in the quarter were adversely impacted due to COVID-19 related shutdowns, as discussed further below, and included net pre-tax restructuring and impairment charges of $15.7 million, which reduced earnings per diluted share by $0.20. In the fourth quarter of fiscal 2019, the Company reported net sales of $938.8 million and net earnings of $37.7 million, or $0.66 per diluted share. Net earnings in the fourth quarter of fiscal 2019 were negatively impacted by pre-tax impairment and restructuring charges of $8.5 million, including $4.0 million recorded in equity income,...
PAE Business Development Appointment to Support National Security Solutions Growth Strategy
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FALLS CHURCH, Va., June 25, 2020 (GLOBE NEWSWIRE) — PAE (NASDAQ: PAE, PAEWW), a global leader in delivering smart solutions to the U.S. government and its allies, has hired former National Geospatial-Intelligence Agency senior leader Jerry Blixt as an account director. In this customer-facing role, Blixt will serve as a subject matter expert focused on expanding relationships, developing service solutions and growing PAE’s business portfolio with the NGA and National Reconnaissance Office.A recognized leader in the intelligence community for 30 years, Blixt served in various roles at the National Security Agency, NGA, Defense Intelligence Agency and other intelligence organizations. He was also executive advisor to the intelligence community for Hewlett Packard Enterprise and led training and analysis operations as an executive...
Ascot Announces Its Initial 2020 Exploration Program Including High-Grade Silver Mineralization at Silver Hill
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VANCOUVER, British Columbia, June 25, 2020 (GLOBE NEWSWIRE) — Ascot Resources Ltd (TSX: AOT; OTCQX: AOTVF) (“Ascot” or the “Company”) is pleased to announce the 2020 exploration program at the Company’s Premier Gold Project (“PGP”) and the Red Mountain Project (“RMP”) near Stewart in northwestern British Columbia.The Company has developed and implemented a COVID-19 plan to ensure the safety of employees as well as the community of Stewart where the exploration team is based as opposed to a remote camp operation. The Company is conducting its program utilizing local contractors and temporary employees with a minimum of travel from and to the community.Ascot commenced exploration drilling at its Premier Gold Project site in early June 2020. Exploration activities this season will consist of prospecting, geophysics and drill testing...
Société Générale SA shareholding notifications
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Société Générale SA shareholding notificationsArcelorMittal (the “Company”) announces that on 22 June 2020 it received two shareholding notifications from Société Générale SA. The notifications were made to reflect the entry into by Société Générale SA mainly of various financial instruments (as detailed in the notifications). According to the notifications, the following thresholds of voting rights were reached:– 5.99% on 16 June 2020, and– 4.66% on 17 June 2020.These notifications do not require any adjustments to the disclosure of the Company regarding its shareholding structure as the Company only reports shareholding thresholds above 5% on its website since, following the above-mentioned 17 June 2020 notification, Société Générale SA is again below this threshold.These notifications are available in the Luxembourg...
Telenor and Cisco Strengthen Partnership to Support Critical Infrastructure Transitions for Telcos; Scale Joint Venture WG2 for Global Operations
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Cisco and Telenor CEOs met virtually to sign the third iteration of their Joint Purpose Agreement between the companies to help telcos cross major milestones spanning security, 5G, cloud, B2BCisco, Telenor and Digital Alpha have also concluded the next round of financing of joint venture Working Group Two (WG2) to prepare WG2 for further growth, global operations and enable new use cases within 5G, IoT and private networksWG2 added to Cisco General Price List, will be part of DevNetOSLO, Norway, and SAN JOSE, Calif., June 25, 2020 – Telenor and Cisco announced today the signing of the third iteration of the Joint Purpose Agreement between the companies, outlining areas where they will strengthen focus together including security, 5G, Open vRAN, B2B expansion, distributed cloud and furthering Telenor Group’s digital transformation to support...
Philips completes cancellation of 3.8 million shares
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June 25, 2020Amsterdam, the Netherlands – Royal Philips (NYSE: PHG; AEX: PHIA) today announced that it has completed the cancellation of 3,809,675 of its shares. The cancelled shares were acquired as part of Philips’ EUR 1.5 billion share repurchase program that started in the first quarter of 2019. Further details on the repurchase program can be found here.Philips’ current issued share capital amounts to EUR 178,594,560.60 representing 892,972,803 common shares.For further information, please contact:Ben ZwirsPhilips Global Press OfficeTel.: +31 6 15213446E-mail: ben.zwirs@philips.comDerya GuzelPhilips Investor RelationsTel.: +31 20 59 77055E-mail: derya.guzel@philips.comAbout Royal PhilipsRoyal Philips (NYSE: PHG, AEX: PHIA) is a leading health technology company focused on improving people’s health and enabling better outcomes...
Choom’s Ontario Expansion Continues with its First Toronto Location
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VANCOUVER, British Columbia, June 25, 2020 (GLOBE NEWSWIRE) — Choom™ (CSE: CHOO; OTCQB: CHOOF), who has secured an extensive national retail footprint, continues to build momentum after the successful opening of its latest flagship location in Vancouver, with plans to replicate its success in Toronto. The opening of Choom’s Liberty Village location is now well underway with its ‘Retail Store Authorization’ in progress and store concept and design finalized.Choom has strategically chosen the young, creative, and bustling neighborhood of Liberty Village, next to the downtown core of Toronto. The village has seen expansive growth in recent years and is known for its mix of elevated retail, commercial and residential buildings, which creates the perfect setting for those that want to work and live in the same area. Liberty Village’s demographic...
Nr. 3/2020 AGF A/S – nedjustering af forventningerne til årets resultat
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Aarhus, den 25. juni 2020NASDAQ OMX Copenhagen A/SMeddelelse nr. 03 /2020AGF A/S – nedjustering af forventningerne til årets resultatI Fondsbørsmeddelelse nr. 2/2020 pr. 8. april 2020 meddelte AGF A/S, at forventningerne til årets resultat var suspenderet som en konsekvens af COVID-19-pandemien, der blandt andet resulterede i en forlængelse af 3F Superliga-sæsonen ud over regnskabsårets afslutning og aflysninger af større arrangementer i Ceres Park & Arena.Trods indfrielse af den økonomiske forudsætning om en plads i top-8 i 3F Superligaen har restriktionerne for større forsamlinger og som følge heraf et lavere aktivitetsniveau haft negativ indvirkning på regnskabsårets 4. kvartal. Der er fortsat usikkerhed omkring effekten af COVID-19, omfanget af de tilhørende kompensationspakker og den resultatmæssige påvirkning heraf, men for...
ArcelorMittal Europe sets out path to net zero by 2050, with pioneering technologies at the forefront of the company’s roadmap for carbon-neutral steelmaking
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ArcelorMittal Europe sets out path to net zero by 2050, with pioneering technologies at the forefront of the company’s roadmap for carbon-neutral steelmaking1100 CET, 25 June 2020Europe’s largest steelmaker, unveils breakthrough technologies that will take the company to 30% lower CO2 emissions by 2030, and carbon neutrality by 2050 ArcelorMittal Europe is investing in two routes to carbon neutrality, Smart Carbon and an innovative DRI-based route, in recognition of the need to act now to reduce CO2 emissions, in line with the EU’s Green Deal and the Paris Agreement Calls for new policy framework, to support the industry in its transition to carbon neutrality, naming five market conditions that are needed for Europe’s steelmakers to compete globally ArcelorMittal Europe has announced details of how it plans to become carbon neutral...