Day: August 23, 2020

SHANGHAI, China, Aug. 23, 2020 (GLOBE NEWSWIRE) — 360 Finance, Inc. (QFIN) (“360 Finance” or the “Company”), a data driven, technology empowered digital platform, today announced its unaudited financial results for the second quarter ended June 30, 2020.Second Quarter Operational HighlightsTotal loan origination volume*1 was RMB58,905 million, representing an increase of 21.8% from RMB48,378 million in the same period of 2019. Loan origination volume under capital-light model within Platform Services was RMB14,616 million, an increase of 282.3% from RMB3,823 million in the same period of 2019.Total outstanding loan balance*2 was RMB78,480 million as of June 30, 2020, an increase of 28.0% from RMB61,289 million as of June 30, 2019. Outstanding loan balance under capital-light model within Platform Services was RMB18,840 million as...

NEW YORK, Aug. 23, 2020 (GLOBE NEWSWIRE) — Mohawk Group Holdings, Inc. (NASDAQ: MWK) (“Mohawk”), the technology-enabled, consumer products company, today announced that it intends to offer and sell, subject to market and other conditions, shares of its common stock in an underwritten public offering. Mohawk also expects to grant the underwriter of the offering a 30-day option to purchase up to an additional 15% of the shares of common stock offered in the public offering on the same terms and conditions. All of the shares of common stock to be sold in the offering are to be sold by Mohawk. Mohawk currently intends to use the net proceeds from the offering to acquire, invest in or license complimentary products, technologies or businesses, including the acquisition of a consumer products business with which Mohawk has entered into...

OVERVIEW OF ECONOMIC ACTIVITIESMANAGEMENT COMMENTARYThe financial results of AS PRFoods for the last quarter of the financial year have been strongly affected by the states of emergency declared due to the Covid-19 pandemic in all countries where the Group companies operate (Estonia, Finland, Great Britain and Sweden). Sales revenue for the quarter decreased by 29.7% compared to the same period last year, amounting to 15.1 million euros (Q4 18/19: 21.5 million euros). In the year as a whole, the sales decline was 8.7% (12m 19/20: 78.3 million euros; 12m 18/19: 85.7 million euros) and the EBITDA for the financial year was 1.6 million euros (12m 18/19: 1.7 million euros). Considering the situation in the market and comparing the results of our competitors, we can be satisfied with the year. Based on the results of the first half of the...

ÜLEVAADE MAJANDUSTEGEVUSESTJUHTKONNA KOMMENTAARAS-i PRFoods majandusaasta viimase kvartali finantstulemused on tugevalt mõjutatud Covid-19 pandeemia tõttu väljakuulutatud eriolukorrast kõikides riikides, kus Grupi ettevõtted tegutsevad (Eesti, Soome, Suurbritannia ja Rootsi). Kvartali müügitulud langesid 29,7% võrreldes eelmise aasta sama perioodiga, jäädes 15,1 miljoni euro tasemele (4.kv 18/19: 21,5 miljonit eurot). Aasta kokkuvõttes jäi müügilangus 8,7% tasemele (12k 19/20: 78,3 miljonit eurot; 12k 18/19: 85,7 miljonit eurot) ning finantsaasta EBITDAks kujunes 1,6 miljonit eurot (12k 18/19: 1,7 miljonit eurot). Arvestades turul valitsevat olukorda ning võrreldes meie konkurentide tulemusi, võib aastaga rahule jääda. Finantsaasta esimese poolaasta tulemuste põhjal ootasime palju tugevamat tulemust. Arvestades, et juba  jaanuarist  oli...

Please see attached announcements on managers’ and related partys’ transactions.AttachmentsÁrmann_Vidskipti-fruminnherja_warrant-kaupBjarni_Vidskipti-fjarhagslega-tengds-adila-warrant-kaupHalldór_Vidskipti-fjarhagslega-tengds-adila-warrant-kaupLilja_Vidskipti-fruminnherja-warrant-kaupMagnús_Vidskipti-fjarhagslega-tengds-adila-warrant-kaupMarinó_Vidskipti-fruminnherja_warrant-kaupRagnar_Vidskipti-fjarhagslega-tengds-adila-warrant-kaup

Meðfylgjandi eru tilkynningar um viðskipti fruminnherja og fjárhagslega tengdra aðila.ViðhengiÁrmann_Vidskipti-fruminnherja_warrant-kaupBjarni_Vidskipti-fjarhagslega-tengds-adila-warrant-kaupHalldór_Vidskipti-fjarhagslega-tengds-adila-warrant-kaupLilja_Vidskipti-fruminnherja-warrant-kaupMagnús_Vidskipti-fjarhagslega-tengds-adila-warrant-kaupMarinó_Vidskipti-fruminnherja_warrant-kaupRagnar_Vidskipti-fjarhagslega-tengds-adila-warrant-kaup

Nasdaq and S&P 500 both led market higher today’s session after setting fresh new record high just after corporate earnings came out better than everyone has expected. Apple also set fresh all-time high after gaining 5% just before the market ended contributing to Nasdaq’s apparent price. Tesla also set its highest level yet reaching more than $2,000 per share. Gold and crude on the other side quite did not follow gains, both closed market price lower. Here are the main movements of the Global Stock Market this Friday; Stocks – S&P 500 advanced about 11.65 points or 0.34% to 3,3397.16, recording intraday record high.– The Dow Jones Industrial Average appreciates around 190.6 points or 0.7% to 27,930.33.– Nasdaq Composite ended up setting another record high after gaining 46.85 points or 0.42% higher to 11,311.80.–...

WOBURN, Mass., Aug. 22, 2020 (GLOBE NEWSWIRE) — Yield10 Bioscience, Inc. (Nasdaq: YTEN), an agricultural bioscience company, today announced the pricing of its underwritten public offering of 835,000 shares of its common stock at a public offering price of $4.25 per share. The gross proceeds from the public offering will be approximately $3.5 million, before deducting underwriting discounts and commissions and estimated offering expenses. In addition, Yield10 also announced that investors affiliated with existing investor Jack W. Schuler, have agreed to purchase 396,450 shares of Yield10’s common stock pursuant to a securities purchase agreement with Yield10 at the same price per share as in the public offering, in a separate private placement transaction that is expected to close concurrently with the public offering.  The gross...