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Month: July 2020

Military Antenna Market Size to Reach USD 5.78 Billion by 2027; Increasing Investment in Technological Intervention will Bode well for Market Growth, says Fortune Business Insights™

Pune, July 24, 2020 (GLOBE NEWSWIRE) — The global military antenna market size is projected to reach USD 5.78 billion by the end of 2027. The rising military budget allocations will create several growth opportunities for the companies operating in the market. According to a report published by Fortune Business Insights, titled “Military Antenna Market Size, Share & COVID-19 Impact Analysis, By Frequency (High, Ultra-High, Super High, and Extremely High Frequency), By Type (Dipole, Aperture, Travelling Wave, Loop, and Array Antenna), By Platform (Airborne, Marine, and Ground), By Application (Communication, Surveillance, SATCOM, Electronic Warfare, and Telemetry), and Regional Forecast, 2020-2027,” the market was worth USD  4.89 billion in 2019 and will exhibit a CAGR of 8.61% during the forecast period, 2020-2027.https://www.fortunebusinessinsights.com/industry-reports/military-antenna-market-101824Antcom...

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Capital Product Partners L.P. Schedules Second Quarter 2020 Earnings Release, Conference Call and Webcast

ATHENS, Greece, July 24, 2020 (GLOBE NEWSWIRE) — Capital Product Partners L.P. (NASDAQ: CPLP) today announced that before the NASDAQ market opens on July 31, 2020, CPLP will release financial results for the second quarter ended June 30, 2020.On the same day, Friday, July 31, 2020, CPLP will host an interactive conference call at 9:00 am Eastern Time to discuss the financial results.Conference Call Details:Participants should dial into the call 10 minutes before the scheduled time using the following numbers: 1 (877) 553-9962 (US Toll Free Dial In), 0(808) 238-0669 (UK Toll Free Dial In) or +44 (0) 2071 928592 (Standard International Dial In). Please quote “Capital Product Partners.”A telephonic replay of the conference call will be available until Friday, August 7, 2020, by dialing 1(866) 331-1332 (US Toll Free Dial...

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Update on Delay in Publication of 2019 Audited Annual Results and Despatch of 2019 Annual Report

VANCOUVER, British Columbia, July 24, 2020 (GLOBE NEWSWIRE) — SouthGobi Resources Ltd. (TSX: SGQ, HK: 1878) (“SouthGobi” or the “Company”) announces that reference is made to the announcement of the Company dated June 30, 2020 (the “June 30th Announcement”) in relation to the delay in publication of the 2019 Audited Annual Results and the despatch of the 2019 Annual Report. Unless otherwise stated herein, capitalized terms used herein shall have the same meanings as that ascribed to them in the June 30th Announcement.As disclosed in the June 30th Announcement, the Company has been in discussions with its key creditors in relation to settlement plans, which the Company intends to rely on as alternative audit evidence to address the going concern issues raised by the Auditors. The Company has obtained verbal commitments from certain...

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METRO Markets to acquire trivago’s Palma development center

DÜSSELDORF, GERMANY July 24, 2020 – trivago N.V. (NASDAQ: TRVG) announced today that METRO Markets GmbH, a subsidiary of Metro AG (FWB: B4B), based in Düsseldorf, will acquire its trivago subsidiary in Palma, Spain.METRO Markets is a B2B online market place offering a variety of non-food products for the hotel, restaurant and catering (HoReCa) industry. Under the terms of the deal, METRO Markets will acquire 100% of the shares in trivago Spain SLU and take over the development center in Palma with approximately 60 employees.“Earlier in the year we decided to streamline our office setup and consolidate our teams in our Düsseldorf headquarters. We are very excited to have found an agreement with an innovative, like-minded company that allows our employees to continue to work as one team and remain in our offices in Palma.” said Axel Hefer,...

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METRO Markets erwirbt das Entwicklungscenter von Trivago in Palma

DÜSSELDORF, 24 Juli 2020 – trivago N.V. (NASDAQ: TRVG) gab heute bekannt, dass die METRO Markets GmbH, eine Tochtergesellschaft der METRO AG (FWB: B4B) mit Sitz in Düsseldorf, die Trivago Tochtergesellschaft in Palma, Spanien, erwerben wird.METRO Markets betreibt einen B2B-Online-Marktplatz mit einer Vielzahl von Non-Food-Produkten insbesondere für das Hotel-, Catering- und Restaurant (HoReCa)-Gewerbe. Im Rahmen der Transaktion erwirbt METRO Markets 100% der Anteile an der trivago Spain SLU und übernimmt das Entwicklungszentrum in Palma mit rund 60 Mitarbeitern.“Zu Beginn des Jahres haben wir beschlossen, unsere Bürostruktur zu straffen und unsere Teams in unserer Düsseldorfer Zentrale zu konzentrieren. Wir freuen uns sehr, eine Einigung mit einem innovativen, gleichgesinnten Unternehmen erzielt zu haben, die es unseren Mitarbeitern...

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Empire Bancorp Announces Second Quarter Earnings

ISLANDIA, N.Y., July 24, 2020 (GLOBE NEWSWIRE) — Empire Bancorp, Inc. (OTCQX: EMPK), today announced its financial results for the quarter and through mid-year ended June 30, 2020.“We are pleased to report a substantial increase in quarter over quarter net income resulting in a $2.0 million profit for the quarter ending June 30, 2020.  Our second quarter performance yielded significant improvements in several key financial metrics:  Return on Average Assets of 0.78%, Return on Average Equity of 9.26% and an Efficiency Ratio of 60.02%.  Even so, we recognize that the COVID-19 pandemic continues to present many challenges, and we remain focused on the impact of the pandemic on credit quality.  As we move forward, we continue to keep our customers, employees and shareholders at the forefront of our thoughts and overall planning,” stated...

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American National Group Announces Non-Profit Hero Program with Springfield Cardinals

SPRINGFIELD, Mo., July 24, 2020 (GLOBE NEWSWIRE) — American National Group (“American National”) is teaming up with the Springfield Cardinals on a new program called Non-Profit Heroes.The American National “Nominate a Non-Profit Hero Program” will recognize local non-profit organizations in the Springfield community and will run ten weeks, from July 27 to October 12. From August 10 to October 12, one non-profit “hero” will be announced per week on all team social media platforms. There will be a dedicated page at SpringfieldCardinals.com/heroes for online nominations. The nomination process will begin July 27 with a kick-off e-blast and continue through August 7.Announcements will include a brief profile of each non-profit agency, allowing them to tell their story. In addition to recognizing the non-profit organization, a prize...

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KS Bancorp, Inc. (KSBI) Announces Second Quarter 2020 Financial Results and Cash Dividend

SMITHFIELD, N.C., July 24, 2020 (GLOBE NEWSWIRE) — July 24, 2020 KS Bancorp, Inc. (the “Company”) (OTCBB: KSBI), parent company of KS Bank, Inc. (the “Bank”), announced unaudited results for the second quarter of 2020.The Company reported net income of $971,000 or $0.88 per diluted share, an increase of 7.0% for the three months ended June 30, 2020, compared to net income of $907,000 or $0.82 per diluted share, for the three months ended June 30, 2019.Net interest income for the three months ended  June 30, 2020, was $3.6 million as as compared to $3.2 million for the comparable period in 2019. Noninterest income for the three months ended June 30, 2020 was $681,000, compared to $860,000 for the comparable period ended June 30, 2019. Noninterest expense was $3.0 million for the three months ended June 30, 2020, as compared $2.9...

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Kirkland Lake Gold Announces Details of Second Quarter 2020 Conference Call and Webcast

TORONTO, July 24, 2020 (GLOBE NEWSWIRE) — Kirkland Lake Gold Ltd. (“Kirkland Lake Gold” or the “Company”) (TSX:KL) (NYSE:KL) (ASX:KLA) today announced that the Company will release its financial and operating results for the second quarter and first half of 2020 before the market open on Thursday, July 30, 2020, Eastern Time (“ET”). The Company will then host a conference call to review the results that afternoon at 2:00 pm ET. Those wishing to join the call can do so using the telephone numbers listed below. The call will also be webcast and available on the Company’s website at www.kl.gold.

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