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Day: July 15, 2020

Locomotive Market to Rise at 10.3% CAGR till 2027; Increasing Investment in Technological Intervention will Bode Well for Market Growth, says Fortune Business Insights™

Pune, July 15, 2020 (GLOBE NEWSWIRE) — The global locomotive market size is projected to reach USD 23.83 billion by the end of 2027. The high investment in the development of sustainable products will emerge in favor of market growth. According to a report published by Fortune Business Insights, titled “Locomotive Market Size, Share & Covid-19 Impact Analysis, By Technology Type (IGBT Module, GTO Thyristor, and SiC Module), By Propulsion Type (Diesel and Electric) and Regional Forecasts, 2020-2027,” the market was worth USD 18.16 billion in 2019 and will exhibit a CAGR of 10.3% during the forecast period.The recent coronavirus outbreak has brought major businesses to a standstill. The rapid spread of the disease has urged governments to take strict measures. Due to travel bans, locomotive businesses are likely to take a huge...

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Car Rental Market to Generate $214.04 billion by 2027: AMR

Portland, OR, July 15, 2020 (GLOBE NEWSWIRE) — According to the report published by Allied Market Research, the global car rental market garnered $92.92 billion in 2019, and is expected to generate $214.04 billion by 2027, registering a CAGR of 10.7% from 2020 to 2027. The research offers a detailed analysis of changing market dynamics, top investment pockets, key segments, value chain, and competitive landscape.Increase in on-demand transportation services and reduced inclination toward car ownership among millennial drive the growth of the global car rental market. However, less internet penetration in developing nations hinders the market growth. On the other hand, adoption of car rental management software is expected to present new opportunities in the next few years.Download Report Sample (252 Pages Report) at https://www.alliedmarketresearch.com/request-sample/2073Covid-19...

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Telefonica International Wholesale Services (TIWS) Selects Gilat for Broadband and Cellular Backhaul Project in Argentina

PETAH TIKVA, Israel, July 15, 2020 (GLOBE NEWSWIRE) — Gilat Satellite Networks Ltd. (NASDAQ, TASE: GILT), a worldwide leader in satellite networking technology, solutions and services, announces the selection of Gilat by Telefonica International Wholesale Services (TIWS), a subsidiary of Telefonica Group, for a satellite communication project in Argentina including rural broadband services and cellular backhaul. Gilat’s expertise and presence complemented by its local partner, Planex, enabled fast delivery during these challenging times imposed by the COVID-19 pandemic.Gilat’s SkyEdge II-c multi-service platform was selected due to its ability to adjust to the technical / business needs of the project. For the current project in Argentina, Gilat was able to adapt to TIWS requirements in record time. Obstacles stemming...

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Aegion Corporation Sets Date to Announce Second Quarter 2020 Financial Results

ST. LOUIS, July 15, 2020 (GLOBE NEWSWIRE) — Aegion Corporation (NASDAQ:AEGN) will release its second quarter 2020 financial results after market close on Wednesday, July 29, 2020.Charles R. Gordon, Aegion’s President and Chief Executive Officer, will host a conference call on Thursday, July 30, 2020 at 9:30 a.m. Eastern Time to discuss Aegion’s performance and current outlook. There will be a question and answer period after the prepared remarks.The conference call will be webcast live, available at https://www.aegion.com/investor/financial-news-resources/webcasts. The call replay and other investor data will be available on Aegion’s website. Participant connection through the webcast link is encouraged. However, participants may also join using the dial-in numbers provided below.EARNINGS RELEASE:Wednesday, July 29, 2020 – After...

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Mining Waste Management Market Size to Reach USD 203.91 Billion Tons by 2027; Rising Government Laws on Mining Operations to Aid Growth

Pune, July 15, 2020 (GLOBE NEWSWIRE) — The global mining waste management market is anticipated to gain traction from the rising number of stringent rules and regulations put forward by the governments of various countries on mining waste disposal, as well as mining operations. This information is given by Fortune Business Insights™ in a new study, titled, “Mining Waste Management Market Size, Share & COVID-19 Impact Analysis, By Source (Surface Mining and Underground Mining), By Waste Type (Solid Waste {Waste Rock, Tailings, Others} and Liquid Waste), By Commodity (Mineral Fuels, Iron, Ferro Alloys, Industrial Minerals and Others) and Regional Forecast, 2020-2027.” The study further mentions that the mining waste management market size was USD 164.16 billion tons in 2019 and is projected to reach USD 203.91 billion tons by...

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Sienna Announces July Dividend

MARKHAM, Ontario, July 15, 2020 (GLOBE NEWSWIRE) — Sienna Senior Living Inc. (“Sienna” or the “Company”) (TSX: SIA) today announced a dividend of $0.078 per common share of the Company (each, a “Common Share”) for the month of July 2020, representing $0.936 per Common Share on an annualized basis.The dividend will be payable on August 14, 2020 to shareholders of record as at July 31, 2020. The Company’s dividends are designated as eligible dividends for Canadian tax purposes in accordance with subsection 89(14) of the Income Tax Act (Canada), and any applicable corresponding provincial and territorial legislation.About Sienna Senior LivingSienna Senior Living Inc. (TSX:SIA) offers a full range of seniors’ living options, including independent living, assisted living, long-term care, and specialized programs and services. Sienna’s...

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Allied Announces July 2020 Distribution

TORONTO, July 15, 2020 (GLOBE NEWSWIRE) — Allied Properties REIT (“Allied”) (TSX:AP.UN) announced today that the Trustees of Allied have declared a distribution of $0.1375 per unit for the month of July 2020, representing $1.65 per unit on an annualized basis.  The distribution will be payable on August 17, 2020, to unitholders of record as at July 31, 2020.Allied is a leading owner, manager and developer of (i) distinctive urban workspace in Canada’s major cities and (ii) network-dense urban data centres in Toronto that form Canada’s hub for global connectivity. Allied’s business is providing knowledge-based organizations with distinctive urban environments for creativity and connectivity.FOR FURTHER INFORMATION, PLEASE CONTACT:Michael R. EmoryPresident and Chief Executive Officer(416) 977-9002memory@alliedreit.comCecilia C. WilliamsExecutive...

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Meritage Homes Introduces Archer Meadows in San Tan Valley

SAN TAN VALLEY, Ariz., July 15, 2020 (GLOBE NEWSWIRE) — Meritage Homes, the seventh-largest public homebuilder in the U.S., announced the opening of its new community, Archer Meadows. The development is conveniently located in San Tan Valley, near Highway 60 and Queen Creek Marketplace, giving residents easy access to nearby shopping and dining. With the launch of this community, Meritage Homes will bring more than 350 new energy-efficient, affordable, single-family homes alongside an amenity-rich community center.With home prices and rents remaining high, buyers in the greater Phoenix metro are looking for new homes that provide the most value for their dollar. The new community offers residents a full set of amenities including a pool, clubhouse, outdoor kitchen, disc golf course, playground, basketball court and more. In addition,...

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Sompo International To Provide Small Business Clients A 15% Discount On Commercial Auto Premiums To Assist With COVID-19 Pandemic Relief

PEMBROKE, Bermuda, July 15, 2020 (GLOBE NEWSWIRE) — Sompo International Holdings Ltd., a Bermuda-based specialty provider of property and casualty insurance and reinsurance, announced today that it will offer small business clients where legally permissible a discount on U.S. commercial auto premiums for the period March 19, 2020 to May 31, 2020.Sompo International is offering a 15% premium discount in recognition of the disparate impact the COVID-19 pandemic has had on small businesses. The discount will be applied to small business commercial auto accounts in the U.S. with $100,000 or less in total account premium in the form of a premium credit applied at renewal. The majority of accounts eligible for the discount program are serviced by Sompo International’s Global Risk Solutions division.Michael Chang, CEO of Sompo Global Risk...

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Verizon and Cellwize team up to speed deployment of Verizon’s 5G network and make development for the network simpler

BASKING RIDGE, N.J., July 15, 2020 (GLOBE NEWSWIRE) — Verizon and Cellwize have collaborated on a new platform that uses Artificial Intelligence and Machine Learning (AI ML) to speed the deployment of Verizon 5G sites and simplify how apps are developed for the Verizon network. The introduction of CHIME, Cellwize’s RAN automation platform, advances the use of innovative machine learning algorithms on a next generation, virtualized and vendor agnostic platform and help pre-determine the most efficient design for a new cell site. Design parameters include how to identify the cell site when connecting customers to the internet, which nearby sites to connect with when customers are making calls or sending messages, and how to create the fastest connections for customers. With those and many other parameters pre-determined by advanced...

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