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Month: July 2020

Constellium Reports Second Quarter 2020 Results

PARIS, July 22, 2020 (GLOBE NEWSWIRE) — Constellium SE (NYSE: CSTM) today reported results for the second quarter ended June 30, 2020.For the second quarter of 2020:Shipments of 310 thousand metric tons, down 25% compared to Q2 2019Revenue of €1.0 billion, down 33% compared to Q2 2019Net loss of €32 million compared to net income of €17 million in Q2 2019Adjusted EBITDA of €81 million, down 51% compared to Q2 2019Cash from Operations of €8 million and Free Cash Flow of €(33) millionFor the first half of 2020:Shipments of 703 thousand metric tons, down 15% compared to H1 2019Revenue of €2.5 billion, down 20% compared to H1 2019Net loss of €63 million compared to net income of €41 million in H1 2019Adjusted EBITDA of €228 million, down 24% compared to H1 2019Cash from Operations of €152 million and Free Cash Flow of €54 millionNet...

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FirstCash Reports Second Quarter Revenues and Earnings; 91 Stores Added Year-to-Date Through New Openings and Acquisitions; Company Announces Exit from Unsecured Consumer Lending Operations

FORT WORTH, Texas, July 22, 2020 (GLOBE NEWSWIRE) — FirstCash, Inc. (the “Company”) (Nasdaq: FCFS), the leading international operator of over 2,700 retail pawn stores in the U.S. and Latin America, today announced operating results for the three and six month periods ended June 30, 2020, and an update on the impact of COVID-19. The Company also announced its exit from all unsecured consumer lending operations effective June 30, 2020. In addition, the Board of Directors declared a $0.27 per share quarterly cash dividend to be paid in August 2020.Mr. Rick Wessel, chief executive officer, stated, “In these challenging times, we have been relentless in our efforts to safely serve customers while also protecting our employees. Today, over 99% of the Company’s 2,745 stores in the United States and Latin America are open and providing...

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CW Petroleum Corp (OTCQB: CWPE) Announced Engaging Global Investment Bank to Raise Capital to Expand Growth and Signed Agreement with Major Convenience Store Chain to Become Franchisee for Several Stores

Katy, Texas, July 22, 2020 (GLOBE NEWSWIRE) — CW Petroleum Corp (CWPE), announced today the company has recently engaged a major Investment Bank to raise a combination of Debt and Equity to expand the company’s business nationwide. The company has also entered into discussions with a top 10 Convenience Store chain to become a potential Franchisee for several stores over the next few years. The company signed a franchise agreement document that states the terms and conditions of owning and operating each store.The company has targeted the ownership of Convenience stores as part of its’ long-term Business Plan to become a fully integrated Refined Products Company and Seller of its’ own Branded Fuels at these locations. The equity will be used for inventory, personnel and equipment to expand its sales of refined products and proprietary...

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AB Klaipėdos nafta (KN) will hold an Investor Conference Webinar to introduce unaudited financial results for the six months of 2020

KN invites shareholders, investors, analysts and other stakeholders to join its investor conference webinar scheduled on the July 30th of 2020 at 9.00 am (EET). The presentation will be held in English.The webinar will be hosted by KN Chief Executive Officer Darius Šilenskis and Chief Financial Officer Jonas Lenkšas who will introduce the performance and unaudited financial results of KN for the six months of 2020.After the presentation investors are welcome to ask questions. Due to limited webinar time, we encourage participants to send their questions before the webinar until July 28th to simona.backiene@nasdaq.comHow to join the webinar?To join the webinar, please register via following link: https://register.gotowebinar.com/register/6281178285245025295 You will be provided with the webinar link and instructions how to join successfully....

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Alliant Energy announces accelerated sustainability goals in new Corporate Responsibility Report

MADISON, Wis., July 22, 2020 (GLOBE NEWSWIRE) — Today, Alliant Energy releases their 2020 Corporate Responsibility Report (CRR) highlighting their purpose-driven strategy. The company’s purpose, to serve customers and build stronger communities, is supported by accelerating their sustainability goals and investing in the communities they serve.Alliant Energy’s new report highlights all aspects of the company’s Environmental, Social and Governance programs. It also includes a new aspiration for Alliant Energy to achieve net-zero carbon dioxide (CO2) emissions by 2050 from electricity the company generates and a new goal of eliminating all coal from its generation fleet by 2040. These goals are part of the company’s Clean Energy Vision, which is highlighted in the report.In addition to highlighting the company’s environmental commitments,...

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Fan Pass Announces Complete Launch Event Line Up with Performances From Waka Flocka Flame, Rotimi & Yung Bans

Number of Artists Performing Live July 24, 2020 Now Totals 16CAMPBELL, CA, July 22, 2020 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE – Friendable, Inc. (OTC: FDBL) is pleased to announce its Fan Pass artist line-up performing live from an Atlanta Stage on Friday, July 24, 2020.Each artist will have an exclusive Fan Pass Channel, housing video, audio, and various forms of related artist content for fans to engage with on the platform. Inclusive of the agreements promotions to the fans and social followers begins today and through the Company’s launch event, with these three (3) artists alone, having a collective reach of approximately 5.5M social followers on Instagram to announce their performances and channels on Fan Pass.A Bit About the Artist:Waka Flocka Flame, is an American rapper from Atlanta, Georgia and currently the CEO of his...

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Flame Retardant Market Size to Reach USD 11.17 Billion by 2027; Accountable to Increasing Number of Fire Accidents Worldwide, says Fortune Business Insights™

Pune, July 22, 2020 (GLOBE NEWSWIRE) — The global flame retardant market size is expected to rise at a CAGR of 5.9% to reach USD 11.17 billion by the end of 2027 on account of the increasing fire safety regulations adopted by various end-user industries worldwide. They are chemicals added to flammable materials such as plastic, coatings, textiles, and others to prevent fire incidents. Flame retardants are also added to products such as electric wires, computers, mattresses, foams, automobile parts, and others for protection against fire. A recently published report by Fortune Business Insights, titled, “Flame Retardant Market Size, Share & Industry Analysis, By Chemistry (ATH, Brominated, Antimony Oxides, Chlorinated, Phosphorous Compounds, and Others), By End User (Automotive, Construction, Wire & Cable, Electrical &...

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Willis Re Securities completes €100 million ‘Azzurro Re II DAC’ catastrophe bond for UnipolSai

LONDON, July 22, 2020 (GLOBE NEWSWIRE) — Willis Re Securities in collaboration with Willis Re, the reinsurance division of Willis Towers Watson (NASDAQ: WLTW), a leading global advisory, broking and solutions company, today announced that it has structured and placed €100 million of insurance-linked securities (ILS) for UnipolSai Assicurazioni S.p.A (“UnipolSai”), the insurance arm of Unipol Group, the leading Italian financial group.Azzurro Re II DAC (“Azzurro Re II”) Series 2020-1, which settled July 10, provides UnipolSai with a single €100 million tranche of fully collateralized protection against earthquake risk in Italy and neighbouring countries for a three-and-a-half-year period. The structure features an indemnity trigger on a per occurrence basis with terms following the traditional reinsurance placement, to ensure effective...

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Islandsbanki hf.: Dis­clos­ure of 1H2020 res­ults

Íslandsbanki will publish its financial results for the first six months of 2020 on Wednesday afternoon 29 JulyInvestor call in English at 9.30 GMT on Thursday 30 JulyThe Bank will host an investor call in English at 9.30 GMT on Thursday, 30 July.The call will start with a short macro update on the Icelandic economy, followed by a review of the financial results and Q&A.Please register by sending an email to: ir@islandsbanki.is.Dial-in details and investor material will be sent prior to the call.For further information please contact Margrét Lilja Hrafnkelsdottir, head of Investor Relations – ir@islandsbanki.is, tel. +354 440 4033Íslandsbanki press releasesIf you wish to receive Íslandsbanki press releases by e-mail please register at: https://www.islandsbanki.is/english/investor-relations/ir-contacts/e-mail-subscription/About ÍslandsbankiÍslandsbanki...

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Islandsbanki hf.: Birt­ing af­komu 1H2020

Íslandsbanki mun birta afkomu fyrri helming ársins 2020 seinni part miðvikudags 29. júlíSímafundur með fjárfestum á ensku kl. 9.30 fimmtudaginn 30. júlíSímafundur með markaðsaðilum vegna uppgjörs verður haldinn fimmtudaginn 30. júlí kl. 9.30. Farið verður yfir helstu atriði í íslenskum efnahagsmálum og afkomu bankans. Fundurinn verður á ensku.Vinsamlegast skráið ykkur á símafundinn með að senda póst á: ir@islandsbanki.is.Fundargögn og aðgangsorð vegna símafundar verða send út til skráðra aðila fyrir fundinn.Nánari upplýsingar veitir Margrét Lilja Hrafnkelsdóttir, fjárfestatengill Íslandsbanka – ir@islandsbanki.is. Sími: 440 4033Póstlisti ÍslandsbankaEf þú vilt gerast áskrifandi að kauphallarfréttum Íslandsbanka þá vinsamlegast skráðu þig hér: https://www.islandsbanki.is/is/grein/postlisti_irUm ÍslandsbankaÍslandsbanki er leiðandi fjármálafyrirtæki...

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