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Day: August 27, 2020

Electromedical Technologies Issues Letter to Shareholders Outlining the Opportunity Ahead

SCOTTSDALE, Ariz., Aug. 27, 2020 (GLOBE NEWSWIRE) — Electromedical Technologies, Inc. (OTC: ELCQ) (“Electromedical Technologies” or the “Company”), a pioneer in the development and manufacturing of bioelectronic devices, including the FDA cleared WellnessPro®, designed to relieve chronic, intractable and acute pain by using frequencies and electro-modulation, issues the following Letter to Shareholders on behalf of the CEO:Dear Valued Shareholder,With a number of significant research, partnership, and product catalysts dead ahead, we believe we are standing on the threshold of actualizing the tremendous promise we have cultivated over the past several years, and we want to start out today by expressing our heartfelt gratitude for your commitment and patience as we work to build something with truly revolutionary potential.Bioelectronic...

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Osisko Metals Announces Restart of Drilling at Pine Point

MONTREAL, Aug. 27, 2020 (GLOBE NEWSWIRE) — Osisko Metals Incorporated (the “Company” or “Osisko Metals“) (TSX-V: OM; OTCQX: OMZNF; FRANKFURT: 0B51) is pleased to announce that drilling activities at Pine Point have restarted. Following recommendations from the Northwest Territories Health and Social Services Authority, Osisko Metals reopened its camp to support planned permitting and environmental initiatives in July and has now increased its scope to include drilling.Jeff Hussey, President and COO, commented: “At this time, we have one drill operational at Pine Point. However, with the multitude of targets and type of targets throughout the property, we will aim to increase our drill count in the fall while maintaining health and safety standards to minimize COVID-19 risk in the NWT. This initial phase of...

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Valmet to supply new bleach plant and upgrade of batch cooking and fiberline to ITC’s Bhadrachalam pulp mill in India

Valmet Oyj’s press release on August 27, 2020 at 1:00 p.m. EETValmet will deliver a new bleach plant and upgrade of the batch cooking and fiberline to ITC’s Bhadrachalam pulp mill in India.The order is included in Valmet’s orders received of the third quarter 2020. The order value will not be disclosed. An order of this scope is typically around EUR 20-30 million. The start-up is scheduled for 2022.The Bhadrachalam pulp mill has an increased demand of pulp due to continuous expansion in board production. The company has recently invested in Valmet’s board machine, a new high power recovery boiler and ash leaching plant.“Valmet has been a trusted partner for our paperboard and chemical pulp lines and has constantly put efforts in research and development of the operation issues and input condition changes. For this reason,...

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Valmet toimittaa ITC:n Bhadrachalamin sellutehtaalle Intiaan uuden valkaisimon sekä jaksoittaisen keiton ja kuitulinjan päivityksen

Valmet Oyj:n lehdistötiedote 27.8.2020 klo 13.00Valmet toimittaa ITC:n Bhadrachalamin sellutehtaalle Intiaan uuden valkaisimon sekä eräkeiton ja kuitulinjan uudistuksen.Tilaus sisältyy Valmetin vuoden 2020 kolmannen neljänneksen tilauksiin. Tilauksen arvoa ei julkisteta. Tämän kokoluokan tilauksen arvo on tavallisesti 20–30 miljoonaa euroa. Järjestelmän käyttöönotto on suunniteltu vuodelle 2022.Bhadrachalamin tehtaan selluntarve on kasvanut kartongintuotannon jatkuvasti laajetessa. Yhtiö on vastikään investoinut Valmetin kartonkikoneeseen, uuteen energiatehokkaaseen soodakattilaan ja tuhkan uuttolaitokseen.”Valmet on ollut kartonki- ja sellulinjojemme luotettava kumppani, joka on jatkuvasti panostanut tutkimus- ja kehitystyöhön käytettävyyshaasteissa ja muuttuvissa olosuhteissa. Tästä syystä ITC:n johto valitsi uuden valkaisimon toimittajaksi...

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BRP Reports Fiscal Year 2021 Second Quarter Results

Highlights for the quarter vs Q2 FY20:Revenues of $1,233.3 million, a decrease of $226.2 million or 15.5%;Powersports retail sales were up 40% in North America and were strong in all categories;Net income of $126.1 million, an increase of $32.8 million, which resulted in a diluted earnings per share of $1.43, an increase of $0.47 per share;Normalized net income [1] of $100.9 million, an increase of $32.1 million, which resulted in a normalized diluted earnings per share[1] of $1.14, an increase of $0.43 per share or 60.6%;Normalized EBITDA[1] of $214.3 million representing 17.4% of revenues, an increase of $46.6 million or 27.8%;The Company is introducing financial guidance for FY21 with normalized EPS of $3.65 to $3.95.[1]See “Non-IFRS Measures” section of this press release.In addition, during the three-month period ended July 31, 2020:Most...

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BRP publie les résultats de son deuxième trimestre de l’année financière 2021

Faits saillants du trimestre vs T2 de l’AF2020:Les revenus ont totalisé 1 233,3 millions de dollars, soit une diminution de 226,2 millions de dollars, ou 15,5 %.Les ventes au détail des produits de sports motorisés en Amérique du Nord ont été en hausse de 40 % et ont augmenté dans toutes les catégories.Le bénéfice net s’est chiffré à 126,1 millions de dollars, soit une augmentation de 32,8 millions de dollars, ce qui a donné lieu à un bénéfice dilué par action de 1,43 $, en hausse de 0,47 $ par action.Le bénéfice net normalisé1 a totalisé 100,9 millions de dollars, soit une augmentation de 32,1 millions de dollars, ce qui a donné lieu à un bénéfice dilué par action normalisé1 de 1,14 $, en hausse de 0,43 $ par action, ou 60,6 %.Le BAIIA normalisé1 s’est chiffré à 214,3 millions de dollars, ce qui représente 17,4 % des revenus, soit une...

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Resolutions at the Extraordinary General Meeting in Eolus Vind AB (publ) on August 27, 2020

Hässleholm, Sweden, August 27, 2020.At the Extraordinary General Meeting in Eolus Vind AB (publ) today, on August 27, 2020, it was resolved on amendments of the Articles of Association, including change of the company’s financial year and insertion of a conversion provision, in accordance with the proposal of the Board of Directors.Among other things, the resolution entailed that the company’s financial year is changed to run from 1 January to 31 December. In connection therewith, it was resolved that the current financial year is extended to cover a period of 16 months, that is, until 31 December 2020.Further, the resolution entailed that a conversion provision was included in the Articles of Association, entailing that shareholders of Class A shares may request conversion to Class B shares during the months of January and July each...

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Beslut vid extra bolagsstämma i Eolus Vind AB (publ) den 27 augusti 2020

Hässleholm den 27 augusti 2020Vid extra bolagsstämma i Eolus Vind AB (publ) idag den 27 augusti beslutades om ändringar i bolagsordningen, inklusive omläggning av bolagets räkenskapsår och införande av omvandlingsförbehåll, i enlighet med styrelsens förslag.Beslutet innefattande bland annat att bolagets räkenskapsår ändras så att detta löper från och med 1 januari till och med 31 december. I anslutning härtill beslutades att det innevarande räkenskapsåret förlängs till och med den 31 december 2020 och således omfattar 16 månader.Beslutet innefattade vidare att ett omvandlingsförbehåll infördes i bolagsordningen, som innebär att innehavare av A-aktier ska kunna begära omvandling till B-aktier under januari och juli månad varje år.Beslutet innebar också att bolagsstämma, utöver att kunna hållas i Hässleholm, även ska kunna hållas i Malmö,...

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Linux Operating System Market to Reach $15.64 Billion by 2027; Increasing Investment in Integration of the Product in Desktop Computers will Aid Growth, says Fortune Business Insights™

Pune, Aug. 27, 2020 (GLOBE NEWSWIRE) — The global Linux Operating System market size is projected to reach USD 15.64 billion by the end of 2027. The increasing product applications across diverse industry verticals will bode well for market growth. According to a report published by Fortune Business Insights, titled “Linux Operating System Market Size, Share & Covid-19 Impact Analysis, By Distribution (Virtual Machines, Servers and Desktops), By End-use (Commercial/Enterprise and Individual), and Regional Forecast, 2020-2027,” the market was worth USD 3.89 billion in 2019 and will exhibit a CAGR of 19.2% during the forecast period, 2020-2027.Click here to get the short-term and long-term impact of COVID-19 on this market.Please visit: https://www.fortunebusinessinsights.com/linux-operating-system-market-103037The emergence...

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