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Month: July 2020

Redwood Capital Management Limited: Fear on coronavirus thickened and threatens Economy reopening

As numbers of coronavirus cases grew by the day in all states of America, anxious investors panic that this may alter the upcoming economy’s reopening. Some business possibly ought to close if this pandemic arises more instead of subsiding. Example is Apple. Apple is set to re-close seven of its stores in Texas as confirmed cases spikes along the mentioned state. Apple in a statement said, “Due to current Covid-19 conditions in some of the communities we serve, we are temporarily closing stores in these areas,” and added, “We take this step with an abundance of caution as we closely monitor the situation and we look forward to having our teams and customers back as soon as possible.” Below are the latest movements in today’s Market: Stocks– The S&P 500 Index declined 2.6% to 3,050.33 as market closes...

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Synergy Capital Asset Management: Against growing numbers of Coronavirus Pandemic, Stock Market

U.S. stock market surge the second time this week as market opens Tuesday morning but as before it closes at 4:00 p.m. it slightly fell however remained green. The sudden fade in the surge is due to the concern of the growing numbers of confirmed coronavirus cases among states in America. Investors are worried that this might break off the economy re-opening activities. On today’s market flow, Nasdaq Composite leads surge hitting an all-time high with 8 straight days gain while the Dow and S&P500 jump a bit too. Stocks– The S&P 500 Index rose 0.4% as of 4 in the afternoon NYC time.– The Dow Jones Industrial Average rose 0.5% to 26,194.– The Nasdaq Composite Index gained 0.8%, hitting the highest record on its 8th consecutive day advance which is the largest advance this week. Treasury yields quite impress investors...

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Software delivery to Burger King Russian Quick service restaurants

Malmö – ZetaDisplay AB (publ) (Nasdaq Stockholm: ZETA) announces that its software solution will be part of the Digital Signage installation for more than 750 Burger RUS quick service restaurants (QSR) in the Russian Federation countries. ZetaDisplay’s Norwegian subsidiary Webpro has signed a deal with the domestic integrator company Unitex LLC that will deliver the project. The contract is valid initially for one year and can be extended for four further years thereafter. The total contract value for ZetaDisplay is estimated at 3.3 MSEK consisting entirely of SaaS-revenues.“This agreement is another proof for our ability of being able to handle complex international assignments. Congratulations to the Norwegian team for this achievement”, comments Per Mandorf, President and CEO of ZetaDisplay. “Our solution was considered best...

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Mjukvaruleverans till Burger Kings ryska snabbmatsrestauranger

Malmö – ZetaDisplay AB (publ) (Nasdaq Stockholm: ZETA) meddelar att dess mjukvara kommer att vara en del av Digital Signage installation för mer än 750 Burger RUS snabbmatsrestauranger i ryska federationen och OSS-länder. ZetaDisplays norska dotterbolag Webpro har tecknat avtal med det inhemska installationsföretag Unitex LLC. Kontraktet sträcker sig initialt på ett år, och kan därefter förlängas ytterligare fyra år. Det totala kontraktsvärdet för ZetaDisplay uppskattas till 3,3 MSEK som består helt av SaaS-intäkter.– Det här avtalet är ytterligare ett bevis på vår förmåga att kunna hantera ett komplext internationellt uppdrag. Grattis till det norska teamet för denna framgång”, kommenterar Per Mandorf, VD och koncernchef för ZetaDisplay. “Vår lösning ansågs vara bäst i test under utvärderingsfasen och vi är stolta över...

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Advantest to Participate in the First-Ever Virtual SEMICON West on July 20-23

TOKYO, July 08, 2020 (GLOBE NEWSWIRE) — Leading semiconductor test equipment supplier Advantest Corporation (TSE: 6857) will participate in the first-ever virtual SEMICON West on July 20-23 as a Gold sponsor, exhibiting its latest end-to-end IC test solutions and presenting technical papers.“As a global test technology leader, we are committed to continuously adding value within the electronics supply chain despite the COVID-19 pandemic’s impact on industry trade shows and conferences,” said Judy Davies, vice president of global marketing communications for Advantest. “This is an opportunity for us to show our steadfast support to the community and stay connected with our customers and strategic partners by sharing information about our latest test solutions.”Virtual ExhibitionAdvantest’s virtual booth at SEMICON West will showcase...

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Ørsted and TSMC sign the world’s largest renewables corporate power purchase agreement

Today, Ørsted and Taiwan-based TSMC have signed a corporate power purchase agreement (CPPA). TSMC will offtake the full production from Ørsted’s 920MW Greater Changhua 2b & 4 offshore wind farm, making it the largest-ever contract of its kind within renewable energy. The 20-year fixed-price contract period starts once Greater Changhua 2b & 4 reaches commercial operations in 2025/2026, subject to grid availability and Ørsted’s final investment decision.TSMC, the world’s largest semiconductor foundry, is also a world-leader in green manufacturing. With this CPPA, TSMC once again demonstrates its long-term commitment to environmental sustainability.  J.K. Lin, Senior Vice President of Information Technology and Materials Management & Risk Management at TSMC, says: “TSMC is happy for this opportunity to collaborate with Ørsted...

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Ørsted og TSMC indgår verdens største langsigtede elkøbsaftale inden for vedvarende energi

Ørsted og det taiwanske halvlederselskab TSMC har i dag indgået en langsigtet elkøbsaftale (corporate PPA eller CPPA), som betyder, at TSMC vil aftage hele produktionen fra Ørsteds 920 MW Greater Changhua 2b & 4 havvindmøllepark. Aftalen er den største af sin art nogensinde inden for vedvarende energi. Den 20-årige fastprisaftale træder i kraft, når Greater Changhua 2b & 4 bliver sat i kommerciel drift i 2025/2026, forudsat at havvindmølleparken har fået adgang til elnettet, og at Ørsted har truffet endelig investeringsbeslutning.TSMC er verdens største producent af halvledere og er samtidig førende på verdensplan inden for grøn produktion. Med denne CPPA understreger TSMC sit langsigtede engagement i miljømæssig bæredygtighed. J.K. Lin, Senior Vice President, Information Technology and Materials Management & Risk Management...

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