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Day: November 10, 2020

IEC Will Host Conference Call to Discuss Fiscal 2020 Fourth Quarter Financial Results

NEWARK, N.Y., Nov. 10, 2020 (GLOBE NEWSWIRE) — IEC Electronics Corp. (Nasdaq: IEC) today announced that it will host a conference call on Friday, November 20, 2020 at 10:00 a.m. Eastern Time, to discuss its financial results for the fiscal fourth quarter of 2020, ended September 30, 2020.The conference call may be accessed in the U.S. and Canada by dialing toll-free (877) 407-9210. International callers may access the call by dialing (201) 689-8049.A replay of the teleconference will be available for 30 days after the call and may be accessed domestically by dialing (877) 481-4010 and international callers may dial (919) 882-2331. Callers must enter conference ID: 38325.To access the live webcast, log onto the IEC website at http://www.iec-electronics.com. The webcast can also be accessed at https://www.webcaster4.com/Webcast/Page/2149/38325....

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Cie’s venture studio leads another portfolio company to an accelerated exit

IRVINE, Calif., Nov. 10, 2020 (GLOBE NEWSWIRE) —LINQ, a K-12 school management software provider, acquired Titan School Solutions (TITAN)TITAN has been a part of Cie’s venture studio for the past three yearsCie provided strategic focus, product innovation and financial leadership to accelerate TITAN’s growth and bring innovation to the school nutrition and EdTech marketCie, a venture studio and innovation accelerator, announced today that LINQ acquired Titan School Solutions (TITAN) for $75 million. TITAN joined Cie’s venture studio in 2017 where Cie accelerated growth through strategic leadership, corporate development, scalable technology and business growth initiatives. TITAN is a cloud-based software as a service (SaaS) school nutrition management provider which has grown into an industry-leader in school nutrition management...

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Sampo plans to reduce ownership in Nordea in line with its strategy

SAMPO PLC                        INSIDE INFORMATION                                10 November 2020 at 7:15 pmNOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN OR IN OR INTO ANY OTHER JURISDICTION IN WHICH OFFERS OR SALES WOULD BE PROHIBITED BY APPLICABLE LAWSampo plans to reduce ownership in Nordea in line with its strategySampo has today announced the launch of an accelerated bookbuild offering to institutional investors of 162 million Nordea shares. The offering represents 4.0 per cent of the outstanding shares in Nordea and would reduce Sampo’s ownership in Nordea to 15.9 per cent.The planned disposal represents a step in steering Sampo towards the Group’s strategic focus area – its P&C insurance operations. Over time, the Group will explore options to continue this process, with...

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Sampo suunnittelee laskevansa omistustaan Nordeassa strategiansa mukaisesti

SAMPO OYJ                                              SISÄPIIRITIETO                                         10.11.2020 klo 19.15TÄTÄ TIEDOTETTA EI SAA JULKAISTA TAI LEVITTÄÄ YHDYSVALLOISSA, AUSTRALIASSA, KANADASSA, JAPANISSA TAI MISSÄÄN MUUSSA SELLAISESSA MAASSA, JOSSA ARVOPAPERIEN TARJOAMINEN TAI MYYMINEN OLISI SOVELTUVAN LAINSÄÄDÄNNÖN MUKAAN KIELLETTYSampo suunnittelee laskevansa omistustaan Nordeassa strategiansa mukaisestiSampo on tänään ilmoittanut käynnistävänsä nopeutetun tarjousmenettelyn 162 miljoonan Nordean osakkeen tarjoamiseksi institutionaalisille sijoittajille. Osakemyynti vastaa 4,0 prosenttia Nordean osakekannasta, mikä laskisi Sammon Nordea-omistuksen 15,9 prosenttiin.Suunnitellulla myynnillä Sampo suuntautuu lähemmäs konsernin strategiseksi painopisteeksi valittua vahinkovakuutusliiketoimintaa. Konserni tarkastelee...

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Bouygues: Alstom’s Contribution to Bouygues’ Net Profit in the First Nine Months of 2020

Press release – Paris, 10/11/2020BOUYGUES: ALSTOM’S CONTRIBUTION TO BOUYGUES’ NET PROFIT IN THE FIRST NINE MONTHS OF 2020On 10 November 2020, Alstom reported its results for the first half of 2020/21 ended on 30 September 2020.Based on this information, Alstom’s contribution to Bouygues’ net profit in the first nine months of 2020 was €51 million, versus a contribution of €238 million in the first nine months of 2019.  The contribution in the first nine months 2019 included a net capital gain of €172 million on the sale of 13% of Alstom’s share capital on 12 September 2019.Nine-month 2020 sales and earnings for the Bouygues groupwill be reported on 19 November 2020 at 7.30am (CET).ABOUT BOUYGUESBouygues is a diversified services group with a strong corporate culture whose businesses are organised around three sectors...

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BOUYGUES : CONTRIBUTION D’ALSTOM AU RÉSULTAT NET DES 9 PREMIERS MOIS 2020 DE BOUYGUES

Communiqué de presse – Paris, le 10/11/2020BOUYGUES : CONTRIBUTION D’ALSTOM AU RÉSULTAT NET DES 9 PREMIERS MOIS 2020 DE BOUYGUESALSTOM A PUBLIÉ LE 10 NOVEMBRE 2020 SES RÉSULTATS SEMESTRIELS DE L’EXERCICE 2020/21 ARRÊTÉS AU 30 SEPTEMBRE 2020. SUR LA BASE DE CETTE PUBLICATION, LA CONTRIBUTION D’ALSTOM AU RÉSULTAT NET DES 9 PREMIERS MOIS 2020 DE BOUYGUES S’ÉLÈVE À 51 MILLIONS D’EUROS, CONTRE UNE CONTRIBUTION DE 238 MILLIONS D’EUROS AUX 9 PREMIERS MOIS 2019. POUR RAPPEL, LA CONTRIBUTION DES 9 PREMIERS MOIS 2019 INTÉGRAIT 172 MILLIONS D’EUROS DE PLUS-VALUE NETTE LIÉE À LA VENTE, PAR BOUYGUES, DE 13 % DU CAPITAL SOCIAL D’ALSTOM LE 12 SEPTEMBRE 2019. LE CHIFFRE D’AFFAIRES ET LES RÉSULTATS DES 9 PREMIERS MOIS 2020DU GROUPE BOUYGUES SERONT COMMUNIQUÉS LE 19 NOVEMBRE 2020 À 7H30 (CET).À PROPOS DE BOUYGUESBouygues est un groupe...

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More States Legalize Marijuana for Recreational and/or Medicinal Use Post Election: Hemp, Inc. Reports

Las Vegas, NV, Nov. 10, 2020 (GLOBE NEWSWIRE) — via NewMediaWire — Hemp, Inc. (OTC PINK: HEMP) a global leader in the industrial hemp industry with bi-coastal processing centers, announced praise of five states that will now legalize marijuana for recreational and/or medical use.  According to the news source, the measures passed in all five states had pot legalization on the presidential election 2020 ballot.Amidst the political turmoil of this year’s presidential election, the majority of voters in New Jersey, Arizona, South Dakota, Mississippi, and Montana seemed to agree on one thing… marijuana legalization. Bruce Perlowin, CEO of Hemp, Inc., 55-year veteran of the marijuana industry, now known as the King of Hemp® says, “Marijuana is coming full circle, but legally now.  Back in my heyday, I was (and still) widely known...

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ALSTOM SA : Alstom first half 2020/21 results

Alstom first half 2020/21 resultsOrder intake level linked to anticipated shift in tender activity towards H2, with robust backlog at €40bnSales at €3.5bn after a Q1 impacted by lockdown, operations back to normal level in Q2Resilient aEBIT margin at 7.5% supported by continued improvement of gross marginFree Cash Flow at €(253)m impacted by the Covid-19 crisisMajor milestones achieved in Bombardier Transportation acquisition projectSolid outlook for H2 and confirmed 2022/23 outlook, supported by strong commercial pipeline and positive mid-term rail market perspectives10 November 2020 – During the first half of fiscal year 2020/21 (between 1 April 2020 and 30 September 2020), Alstom booked €2.7 billion of orders and sales reached €3.5 billion. Book-to-bill ratio stood at 0.8. Adjusted EBIT reached €263 million leading to an adjusted EBIT...

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ALSTOM SA : Les résultats d’Alstom au premier semestre 2020/21

 Les résultats d’Alstom au premier semestre 2020/21Niveau de prises de commande lié au décalage anticipé de l’activité commerciale vers le S2, avec un carnet de commandes robuste à 40 mds€Chiffre d’affaires de 3,5 mds€ après un T1 impacté par le confinement et le retour à la normale des opérations au T2Marge d’exploitation ajustée résiliente à 7,5 % soutenue par une amélioration continue de la marge bruteCash-Flow libre de (253) m€ impacté par la crise du Covid-19Étapes majeures franchies dans le projet d’acquisition de Bombardier TransportPerspectives solides pour le S2 et perspectives confirmées pour 2022/23, soutenues par un fort potentiel commercial et des perspectives positives à moyen terme du marché ferroviaire                                                                                                    10 Novembre 2020 –...

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