Day: December 15, 2020

The preliminary results for H1 2020/21 (Q2 2020/21) are as follows:Revenue of DKK 1,155m, equivalent to 11% year-on-year growth in local currency (Q2: DKK 693m, equivalent to 11% year-on-year growth in local currency)EBIT before special items of DKK -11m (Q2: DKK 28m)Free cash flow of DKK 77m (Q2: DKK 139m)The financial performance for the first half of the year has been better than expected due to strong strategi execution, seven successful product launches, and higher consumer demand for home entertainment products. Higher global demand for consumer electronics and scarcity on certain components impacted product supply and led to increased costs.Based on the preliminary results for H1 2020/21 and the updated expectations for the rest of the year, the outlook for 2020/21 is adjusted as follows:The outlook is based on the assumptions set...

Bang & Olufsen rapporterer præliminære resultater for H1 2020/21 og opjusterer de finansielle forventninger for åretDe præliminære resultater for H1 2020/21 (Q2 2020/21) er som følger:Omsætning på DKK 1.155m, svarende til 11% år-over-år vækst i lokal valuta (Q2: DKK 693m, svarende til 11% år-over-år vækst i lokal valuta)EBIT før særlige poster på DKK -11m (Q2: DKK 28m)Frie pengestrømme på DKK 77m (Q2: DKK 139m)Den finansielle performance i første halvår har været bedre end forventet som følge af en stærk strategieksekvering, syv succesfulde produktlanceringer og højere efterspørgsel på TV og lydprodukter til hjemmet. Øget global efterspørgsel på forbrugerelektronik og knaphed på visse komponenter påvirkede produktleverancer og resulterede i højere omkostninger.Baseret på de foreløbige resultater for 1. halvår 2020/21 og de opdaterede...

HUNTSVILLE, Ala., Dec. 15, 2020 (GLOBE NEWSWIRE) — Aerojet Rocketdyne and the Air Force Research Laboratory (AFRL) have achieved record levels of thrust by a scramjet engine 10 years after making history by powering the first hydrocarbon-fueled and cooled air-breathing hypersonic flight test. The AFRL-Aerojet Rocketdyne team recently completed a successful series of hot-fire tests of an advanced air-breathing hypersonic engine under the United States Air Force’s Medium Scale Critical Components (MSCC) program.“Our scramjet engine powered the United States Air Force X-51A Waverider when it made history in 2010 by completing the longest air-breathing hypersonic flight ever and we continue to propel the technology,” said Eileen P. Drake, Aerojet Rocketdyne CEO and president. “Our Generation-3 scramjet delivers increased performance...

Ukiah, CA, Dec. 15, 2020 (GLOBE NEWSWIRE) — via NewMediaWire — Hemp, Inc. (OTC PINK: HEMP), a global leader in the industrial hemp industry with bi-coastal processing centers, announced today its Chief Visionary Consultant, Bruce Perlowin, will launch the second King of Hemp®, brick-and-mortar retail store in Ukiah (the county seat of legendary world-renowned Mendocino County for its cannabis culture) at 132 Talmage Road, Ukiah, California during the first quarter of 2021.Like the store’s flagship location in Kingman, Arizona, the Ukiah location will showcase the wide range of Hemp, Inc.’s product line as well as products from affiliate companies.  Products will range from hemp wood, hemp shirts, pants, hemp denim jeans, jackets, backpacks, purses and handbags to topicals, shampoos, conditioners, candles and other health care...

ATLANTA, Dec. 15, 2020 (GLOBE NEWSWIRE) — Mueller today announced the expanded capabilities of America’s most popular fire hydrant. The Super Centurion hydrant can now serve as a communications hub and physical platform for both pressure monitoring and leak monitoring systems. Mueller’s proven pressure and leak monitoring solutions can be integrated seamlessly into existing water infrastructure and communicate via the cellular network to the cloud based Sentryx Water Intelligence Platform.The scalable, cloud based Sentryx platform records and displays important data communicated from the hydrant, providing utilities with insights to make informed decisions on increasing the life of their infrastructure and lowering future capital and operational costs. Reports, data and notifications gathered from the Sentryx platform can be easily...

Atlanta, Dec. 15, 2020 (GLOBE NEWSWIRE) — Gray Television, Inc. (“Gray” or “our”) (NYSE: GTN) announced that Google’s GNI Innovation Challenge has selected Gray Television, Inc. for $200,000 in funding to support a multi-platform journalism project focused on health disparities in the Mississippi Delta and Appalachia regions of the country. “Bridging the Great Health Divide-Mississippi Delta and Appalachia” will explore why these disparities exist with a focus on long term and sustainable solutions.  Both regions fare far worse than the national average in health indicators and outcomes.  Journalists from more than 25 Gray stations, our DC News Bureau, and our National Investigative Unit will contribute to the project.“We’re proud to launch this initiative and give a voice to these underrepresented populations that have long lagged...

RUTLAND, Vt., Dec. 15, 2020 (GLOBE NEWSWIRE) — Casella Waste Systems, Inc. (Nasdaq: CWST) published its 2020 Sustainability Report today, outlining the company’s progress toward its sustainability vision, and sharing a roadmap for the next ten years. A pioneer in sustainable waste and recycling innovation, Casella established the first recycling facility in Vermont in 1977, was a charter member of the EPA Climate Leaders program, and this report is the company’s fifth biennial report on its sustainability activities.“We have spent most of our 45-year history building a business around sustainability through the work we do, the infrastructure we build, and the expertise we bring to challenges like recycling and resource management,” said John Casella, Chairman and CEO. “We have set our sights on creating a sustainable business culture...

NEW YORK, Dec. 15, 2020 (GLOBE NEWSWIRE) — Globis Acquisition Corp. (NASDAQ: GLAQU, the “Company”) announced today that it closed its initial public offering of 11,500,000 units, which includes the full exercise of the underwriters’ over-allotment option. The units were sold at $10.00 per unit, resulting in total gross proceeds of $115,000,000. Each unit consists of one share of common stock and one redeemable warrant to purchase one share of common stock at $11.50 per share. Once the securities comprising the units begin separate trading, the common stock and warrants are expected to be listed on The Nasdaq Capital Market (“NASDAQ”) under the symbols “GLAQ” and “GLAQW”, respectively.The units began trading on NASDAQ under the ticker symbol “GLAQU” on December 11, 2020.Chardan acted as sole book running manager in the offering.Haynes...

LONDON and REDWOOD CITY, Calif., Dec. 15, 2020 (GLOBE NEWSWIRE) — Mereo BioPharma Group plc (NASDAQ: MREO, AIM: MPH) (“Mereo” or “the Company”), a clinical stage biopharmaceutical company focused on oncology and rare diseases, today provided a further update with respect to the cancellation of admission of its Ordinary Shares to trading on AIM and the continued listing of its ADSs on Nasdaq, as originally announced on November 11, 2020.As previously announced, the last day of trading of the Company’s Ordinary Shares on AIM will be December 17, 2020 and the proposed AIM Delisting will be effective from 7.00 am London time on December 18, 2020. Mereo will retain the listing of its ADSs on the Nasdaq Global Market under ticker symbol MREO. Following the AIM Delisting, the Company’s American Depositary Shares (“ADSs”) will remain listed,...