Day: August 19, 2020

BOHEMIA, NY, Aug. 19, 2020 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — AmpliTech Group, Inc. (OTCQB:AMPG): filed its 10Q for the quarter ended June 30, 2020 (“2Q”) on Friday, August 14th, 2020 with the following key metrics:Revenue for 2Q was $660,699 up $29,491 or 4.67% from the same quarter in 2019;Revenue in 2Q was significantly affected by the Covid-19 induced shutdown, where both the company was forced to close its facilities for approximately 8 weeks, and its customers and its customer’s supply chains were disrupted;Gross Profit and Gross Margin were negatively impacted in 2Q vs 2Q 2019, with the company reporting Gross Profit and margin of $225,988 and 34.2% in 2Q vs $360,766 and 57.2% in same quarter 2019;Adjusted 2Q EBITDA was $(144,394) as compared to $147,054 in the same quarter in 2019;Both Gross Margin and EBITDA were...

GOLDENDALE, Wash., Aug. 19, 2020 (GLOBE NEWSWIRE) — Auscrete Corporation (OTC: ASCK) (the “Company”) Management announced that during the COVID-19 pandemic lockdown, Auscrete Corporation (ASCK) was able to advance negotiations on several revenue producing deals.  One such deal is being spearheaded by Mike Young, Vice President and CFO of Auscrete Corporation. Through discussions with representatives of the Veterans Administration in the States of Oregon and Washington, Mr. Young was introduced to a director of the “America for Veterans Foundation”. The Foundation is securing Federal Grant funds to construct a “Veterans Village Project” currently planned for an already secured acreage parcel, located in Vancouver, Washington. Auscrete’s architectural and design team have been working closely with the Foundation and have developed...

SUNNYVALE, Calif., Aug. 19, 2020 (GLOBE NEWSWIRE) — GSI Technology, Inc. (Nasdaq: GSIT), a leading provider of high-performance memory solutions for the networking, telecommunications, and military markets, and developer of the Gemini® Associative Processing Unit (APU) for Artificial Intelligence applications including facial recognition, drug discovery, and space and defense, announced that Douglas Schirle, Chief Financial Officer, and Didier Lasserre, Vice President of Sales and Investor Relations, will host one-on-one meetings at the Jefferies Virtual Semiconductor, IT Hardware & Communications Infrastructure Summit on Tuesday, September 1, 2020.This event is virtual. Please contact your Jefferies’ representative to secure a meeting time.ABOUT GSI TECHNOLOGYFounded in 1995, GSI Technology, Inc. is a leading provider of semiconductor...

RIMOUSKI, Quebec, Aug. 19, 2020 (GLOBE NEWSWIRE) — Puma Exploration Inc., PUMA-TSXV, (“Puma”) is pleased to announce that it will transfer all of its copper assets to its wholly-owned subsidiary Murray Brook Minerals Inc. The objective is to generate maximum value to its shareholders from its base metal projects while Puma Exploration continues to concentrate on its new Flagship Triple Fault Gold Project in New Brunswick, Canada.“The current business arrangement represents an important opportunity for Puma’s shareholders to continue to explore and develop the current copper projects within its new subsidiary on which the company has already invested $3,211,057 in exploration (book value as of May 31, 2020) in the last 15 years in Northern New Brunswick”, notes Marcel Robillard, President and CEO of Puma Exploration. “We are expecting...

HOUSTON, Aug. 19, 2020 (GLOBE NEWSWIRE) — Occidental (NYSE: OXY) today announced it has entered into a purchase and sale agreement to divest Wyoming, Colorado, and Utah Land Grant assets to Orion Mine Finance (Orion) for approximately $1.33 billion. The transaction, which is expected to close in the fourth quarter of 2020, has a footprint of approximately 4.5 million mineral acres and 1 million fee surface acres. Occidental will retain all cash flow from currently producing oil and gas properties on the position, which are primarily cost-free royalties. Not included in the sale is approximately 2.5 million mineral acres derived from the land grant in Colorado, including Occidental’s core DJ Basin position.“This transaction significantly advances the progress against our $2 billion plus divestiture target for 2020,” said President...

Drög að uppgjöri fyrra árshelmings 2020 liggja nú fyrir og samkvæmt þeim mun sala samstæðu Hampiðjunnar á tímabilinu dragast saman um 5,5% á milli ára og nema um að bil 80,6 m. evra samanborið við 85,3 m. evra á sama tímabili árið áður. Áhrif Covid-19 skýra samdrátt í tekjum milli tímabilana.EBITDA félagsins eykst hins vegar á milli tímabila um 17,5% og nemur um 14,0 m. evra samanborið við 11,9 m. evra árið áður. Hagnaður félagsins eykst einnig á milli tímabila og nemur um það bil 7,9 m. evra samanborið við 6,4 m. evra á sama tímabili árið 2019.Uppgjörið fyrir fyrra árshelming er enn í vinnslu og bíður könnunar endurskoðenda. Framangreindar upplýsingar gætu því tekið breytingum þar til uppgjörið verður birt þann 26. ágúst nk.Nánari upplýsingar veitir Hjörtur Erlendsson, forstjóri, í síma 664-3361

PHILADELPHIA, Aug. 19, 2020 (GLOBE NEWSWIRE) — Republic First Bancorp, Inc. (NASDAQ: FRBK), the holding company for Republic Bank, today announced that it has priced an offering of $50 million of preferred stock.Vernon W. Hill, II, Chairman of Republic First Bancorp said:“This offering provides us with the capital resources to continue with our growth strategy. In recognition of our unwavering commitment to extraordinary customer service and convenience our FANS responded to a recent Forbes survey and Republic was ranked as America’s #1 Bank for Service. The goal of our model is to create FANS NOT CUSTOMERS, who join our brand, remain loyal and refer family and friends.  Republic Bank continues to demonstrate strong results with deposit growth of 28% and loan growth of 25% excluding the impact of the PPP loan program as of June...

Announcement no. 22-202019 August 2020North Media delivered better-than-expected results for the first six months of 2020, despite a minor negative impact from the COVID-19 pandemic. Y-o-Y EBIT improvements in all three business areas. Highlights of the H1 2020 report (H1 2019 comparative numbers in brackets):   Solid earnings improvement in first six months of 2020 despite a certain impact from the COVID-19 crisisConsolidated revenue largely unchanged at DKK 510 million (DKK 511 million).EBIT before special items of DKK 122 million (DKK 69 million). EBIT margin improved to 23.9% (13.5%) and return on invested capital (ROIC) more than doubled to 43.7% (20.4%).  Net profit for the period was DKK 138 million (DKK 112 million).FK Distribution lifted EBIT to DKK 118 million (DKK 74 million). Efficiency improvements, in particular the transition...

Selskabsmeddelelse nr. 22-202019. august 2020North Medias resultater i 1. halvår 2020 var bedre end ventet, trods en mindre, negativ effekt af COVID-19 pandemien. Alle 3 forretningsområder øgede driftsindtjeningen markant i forhold til 1. halvår 2019. Hovedpunkter for 1. halvår 2020 med sammenligningstal for 1. halvår 2019 i parentes:    Solid indtjeningsfremgang i 1. halvår 2020 trods en vis effekt af COVID-19 krisenKoncernens omsætning var stort set uændret med 510 mio. kr. (511 mio. kr.).Driftsindtjeningen (EBIT, før særlige poster) blev 122 mio. kr. (69 mio. kr.). Overskudsgraden steg til 23,9% (13,5%), og afkastet af investeret kapital (ROIC) mere end fordobledes til 43,7% (20,4%).   Periodens resultat var 138 mio. kr. (112 mio. kr.).FK Distribution forbedrede driftsindtjeningen til 118 mio. kr. (74 mio. kr.). Effektiviseringer,...

ROTTERDAM, The Netherlands (19 August 2020) – IMCD N.V. (“IMCD” or “Company”), a leading distributor of speciality chemicals and ingredients, today announced it has acquired 100% of the outstanding shares of Brazilian speciality ingredient distributor, VitaQualy Comércio de Ingredientes LTDA (“VitaQualy”).“The acquisition of VitaQualy aligns with our company’s global Food & Nutrition strategy to offer trend-based solutions and the distribution of speciality ingredients around four main pillars – taste, texture, nutrition, and function,” said Nicolas Kaufmann, Managing Director, IMCD Brasil. “As a reputable distributor of flavors and ingredients, VitaQualy strengthens IMCD Brasil’s expertise and product portfolio in the taste category of our business. The synergies between IMCD and VitaQualy will create opportunities to develop our...