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Day: August 19, 2020

NKT A/S Q2 2020: Improved financial results and all-time high order intake of high-voltage projects

NKT A/S Q2 2020: Improved financial results and all-time high order intake of high-voltage projectsNKT CEO Alexander Kara says:– Q2 2020 has been a historical quarter for NKT. We were awarded significant high-voltage projects including major shares of the German corridor projects, SuedLink and SuedOstLink. NKT continues to be a key contributor to the renewable energy transition in Europe and we have improved our high-voltage order backlog to an all-time high level. Our financial performance in Q2 2020 was satisfactory in our power cables business NKT with growth in all three business lines, whereas NKT Photonics continued to be negatively impacted by the coronavirus pandemic.Q2 2020 financial highlights:*std. metal prices2020 financial outlookThe financial outlook for NKT is unchanged from Company Announcement No. 6 of 5 May 2020....

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NKT A/S 2. kvartal 2020: Forbedrede finansielle resultater og rekordhøj ordretilgang af højspændingsprojekter

NKT A/S 2. kvartal 2020: Forbedrede finansielle resultater og rekordhøj ordretilgang af højspændingsprojekterNKT CEO Alexander Kara siger:– 2. kvartal 2020 har været et historisk kvartal for NKT. Vi blev tildelt signifikante højspændingsprojekter, inklusive store andele af de tyske korridorprojekter SuedLink og SuedOstLink. NKT spiller fortsat en afgørende rolle i omstillingen til vedvarende energi i Europa, og vi har forbedret vores ordrebeholdning i højspændingssegmentet til et rekordhøjt niveau. Vores finansielle resultat i 2. kvartal 2020 var tilfredsstillende i vores energikabelforretning NKT med vækst i alle tre forretningsområder, mens NKT Photonics fortsat var negativt påvirket af coronaviruspandemien. *std. metalpriserFinansielle forventninger til 2020 De finansielle forventninger til NKT er uændrede i forhold til Selskabsmeddelelse...

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Second Quarter 2020 Result Presentation

Flex LNG will release its financial results for the second quarter 2020 on Wednesday August 19, 2020.In connection with the earnings release, a webcast and conference call will be held at 3:00 p.m. CEST (9:00 a.m. EST). In order to attend the webcast and/or conference call you may do one of the following:Attend by Webcast:Use to the follow link prior to the webcast: https://edge.media-server.com/mmc/p/6qeg8ow6Attend by Conference Call:Applicable dial-in telephone numbers are as follows:Norway: +47 21 56 31 62United Kingdom: +44 (0) 203 0095 710United Kingdom (local): 0844 493 3857United States (Toll Free): +1 866 869 2321Confirmation Code: 4971456The presentation material which will be used in the teleconference/webcast can be downloaded on www.flexlng.com and replay details will also be available at this website.AttachmentFlex LNG Q2...

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Rackspace Technology Announces Results of Global Cloud Budget Survey, Uncovers the Hidden Complexities of IT Spend Management

SAN ANTONIO, Aug. 19, 2020 (GLOBE NEWSWIRE) — Rackspace Technology™ (NASDAQ: RXT) today announced the release of a new survey, “Technology Budgets: Managing Shifting Priorities.”The survey examines the proliferation of IT budget management across organizations. The results of the survey indicate that IT budgets are spread across many groups within organizations, making it increasingly difficult for IT decision makers to maintain visibility into where and how their IT budgets are being spent.The findings indicate that many organizations are not properly governing and optimizing costs. The survey finds that 50% of IT decision-makers lack a basic understanding of what cloud cost governance and cloud cost optimization are, and how they are different. Businesses in this category are at risk of cloud sprawl.Across the board, leaders recognize...

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iRhythm Technologies Announces Pricing of Upsized Public Offering of Common Stock

SAN FRANCISCO, Aug. 18, 2020 (GLOBE NEWSWIRE) — iRhythm Technologies, Inc. (NASDAQ: IRTC), a leading digital health care solutions company focused on the advancement of cardiac care, announced today the pricing of its underwritten public offering of 1,093,167 shares of its common stock at a public offering price of $175.00 per share, before deducting underwriting discounts and commissions. All of the shares are being offered for sale by iRhythm Technologies. In addition, iRhythm Technologies has granted the underwriters a 30-day option to purchase up to an additional 163,975 shares of its common stock at the public offering price, less underwriting discounts and commissions. The gross proceeds from the offering, before deducting underwriting discounts and commissions and other offering expenses payable by iRhythm Technologies, are...

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Roche and Regeneron collaborate to significantly increase global supply of REGN-COV2 investigational antibody combination for COVID-19

REGN-COV2 is Regeneron’s two-antibody combination currently in late-stage clinical trials for the treatment and prevention of COVID-19 infection.The companies will collaborate on developing and manufacturing REGN-COV2. Regeneron will distribute REGN-COV2 in the U.S. and Roche will be responsible for distribution outside the U.S.Under this collaboration, the overall capacity of REGN-COV2 is expected to increase by at least three and a half times, substantially increasing the number of doses available to patients in the U.S. and around the world.Basel, 19 August 2020 – Roche (SIX: RO, ROG; OTCQX: RHHBY) and Regeneron (NASDAQ: REGN) announced today that they are joining forces in the fight against COVID-19 to develop, manufacture and distribute REGN-COV2, Regeneron’s investigational antiviral antibody combination, to people around...

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Gold Plus Mining Initiates High Resolution Heli-Borne Magnetic Survey for McDonough East Property in Red Lake, Ontario

VANCOUVER, British Columbia, Aug. 19, 2020 (GLOBE NEWSWIRE) — Gold Plus Mining Inc. (“Gold Plus” or the “Company”) (CSE: GPMI) is pleased to announce it has retained Prospectair Geosurveys Inc. to complete a high resolution heli-borne magnetic survey of the McDonough East Property (the “Property”). The Property is located in the Red Lake Gold Camp, in Red Lake, Ontario. The high resolution heli-borne magnetic survey will incorporate the totality of the property covering  1,535 ha.(3,793 acres) at 50m line spacings. The Property is 100% owned by Gold Plus Mining Inc. and is located 16km northwest of Red Lake, Ontario (Figure 1).

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Flex LNG Q2, 2020 Earnings Release

Flex LNG Ltd. (“Flex LNG” or the “Company”) today announced its unaudited financial results for the second quarter and six months ended June 30, 2020.Highlights:Revenues of $25.8 million for the second quarter 2020, compared to $38.2 million for the first quarter 2020.Net loss of $6.7 million and loss per share of $0.12 for the second quarter 2020, compared to a net loss of $14.9 million and loss per share of $0.27 for the first quarter 2020.Average Time Charter Equivalent (“TCE”) rate of $46,588 per day for the second quarter 2020, compared to $67,740 per day for the first quarter 2020.Adjusted EBITDA of $17.4 million for the second quarter 2020, compared to $27.8 million for the first quarter 2020.Adjusted net loss of $0.7 million for the second quarter 2020, compared to adjusted net income of $9.3 million for...

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Nokia and 3 Indonesia develop Zero Drive Test assessment solution to enhance network quality and user experience

Press ReleaseNokia and 3 Indonesia develop Zero Drive Test assessment solution to enhance network quality and user experience  Zero Drive Test solution is 100 percent automated, replacing manual drive testingSolution delivers more detailed insights on network performance and helps reduce CO2 emissions19 August 2020Jakarta, Indonesia – Nokia today announced that it is working with 3 Indonesia, to optimize and expand its LTE network coverage and capacity to meet customer demand via a new Zero Drive Test solution.The solution will reduce CO2 emissions by replacing manual drive tests which is the typical method of assessing network coverage, capacity and quality. It is 100 percent automated, enabling 3 Indonesia to acquire detailed insights on network performance and enhance user experience. It is powered by Nokia’s AVA Cognitive Services...

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Vanstar Announces Resignation of Mr. Sebastien Plouffe

THIS RELEASE MAY NOT BE DISTRIBUTED TO US WIRE SERVICES FOR UNITED STATES DISTRIBUTION.MONTREAL, Aug. 18, 2020 (GLOBE NEWSWIRE) — The management of Vanstar Mining Resources announces the resignation of Mr. Sebastien Plouffe, as director and VP – Public Relation, effective today.“Mr. Plouffe had been very helpful in Vanstar’s success and we thank him for his constant effort to improve Vanstar’s value since day 1 of his involvement with the company”, commented Mr. Jonathan Hamel, interim CEO.“I am very happy and proud with the opportunity I had to be involved with Vanstar. As a team worker, I consider, humbly, that my proactive work ethic and effort helped to increase the value of the company and brought it to another level. The Nelligan project still has a huge potential and I look forward to see the future drilling results...

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