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Day: February 3, 2021

Private Placement Markets to Exit Private Real Estate Lending and Grow its CMBS Operations.

Steve Muehler, the Founder and Senior Managing Member of the Private Placement Markets stated that firm has ceased its Private Real Estate Loan Originations for its RREABC / CMFABC / CREABC Market and will convert all operations of those private markets into the Firm’s growing CMBS Operations. According to Steve Muehler, “the disruption caused by the COVID-19 pandemic is real, and is on-going, and falling into a more traditional form of lending in the residential and commercial real estate markets is prudent at times like these. This does not mean that lending opportunities for the right project, with the right seasoned developers in the right market does not exist….. infact we see opportunities in multifamily, office, industrial, and special types of properties that meet all the criteria for investment, but today you need all legs of...

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Check Point Software Technologies Reports 2020 Fourth Quarter and Full Year Financial Results

SAN CARLOS, Calif., Feb. 03, 2021 (GLOBE NEWSWIRE) — Check Point® Software Technologies Ltd. (NASDAQ: CHKP), today announced its financial results for the fourth quarter and full year ended December 31, 2020.Fourth Quarter 2020        Total Revenues: $564 million, a 4 percent increase year over yearDeferred Revenues: $1,482 million, a 7 percent increase year over yearGAAP Operating Income: $251 million, representing 45 percent of revenuesNon-GAAP Operating Income: $285 million, representing 51 percent of revenuesGAAP EPS: $1.95, a 6 percent increase year over yearNon-GAAP EPS: $2.17, a 7 percent increase year over yearFull Year 2020Total Revenues: $2,065 million, a 4 percent increase year over yearGAAP EPS: $5.96, a 10 percent increase year over yearNon-GAAP EPS: $6.78, an 11 percent increase year over year“We are pleased with our...

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HONKARAKENNE INCREASES ITS PROFIT FORECAST FOR 2020

HONKARAKENNE OYJ Inside information 3 February 2021 at 10:30 a.m.HONKARAKENNE INCREASES ITS PROFIT FORECAST FOR 2020Honkarakenne estimates that in 2020 its revenue (net sales) will be higher and adjusted profit before taxes will be at the same level as in the previous year. The reason for the better-than-expected development is the higher-than-expected volume towards the end of the year and the growth of Russian exports.Honkarakenne’s updated outlook: In Honkarakenne’s view, in 2020 revenue (net sales) will increase from the previous year and adjusted profit before taxes will be on par with previous year.Honkarakenne’s previous outlook was as follows: Honkarakenne’s view is that revenue (net sales) in 2020 will be on par with previous year. Adjusted profit before taxes is however weaker than previous year.Honkarakenne...

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HONKARAKENNE NOSTAA TULOSOHJAUSTAAN VUODELLE 2020

HONKARAKENNE OYJ Sisäpiiritieto 3.2.2021 kello 10:30HONKARAKENNE NOSTAA TULOSOHJAUSTAAN VUODELLE 2020Honkarakenne arvioi, että vuonna 2020 liikevaihto on korkeampi ja oikaistu tulos ennen veroja on samaa tasoa kuin edellisvuonna. Syynä ennakoitua parempaan kehitykseen on loppuvuoden arvioitua suurempi volyymi sekä Venäjän viennin kasvu.Honkarakenteen päivitetty tulosohjaus: Honkarakenteen näkemyksen mukaan vuonna 2020 liikevaihto kasvaa edellisvuodesta ja oikaistu tulos ennen veroja on samaa tasoa kuin edellisenä vuonna.Honkarakenteen aiempi tulosohjaus oli seuraava: Honkarakenteen näkemyksen mukaan vuonna 2020 liikevaihto on samaa tasoa kuin vuotta aikaisemmin. Oikaistu tulos ennen veroja jää kuitenkin edellisvuodesta.Honkarakenne OyjMarko SaarelainenToimitusjohtajaLISÄTIETOJAToimitusjohtaja Marko Saarelainen, puh 040 542 0254, marko.saarelainen@honka.com...

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Vow ASA : Vow ASA awarded 5.7 million euro cruise ship contract with major European shipbuilder

Vow ASA has through its subsidiary Scanship been awarded a 5.7-million-euro contract with a major European shipyard for the delivery of two advanced wastewater purification systems.The Scanship systems will be installed on two cruise ships to enter service in 2024 and 2026. The vessels will be operated under European brand and in joint venture with one of the largest Miami based cruise ship companies. Scanship has previously equipped six cruise ships under the same European brand.The technology to be delivered by Scanship will purify all wastewater generated from 6,500 people onboard to the highest international discharge regulations, in line with newly enforced Baltic sea standard and according to continuous Alaskan water discharge requirements.The contract includes a 5.7 million euro option contract for two additional vessels.“The cruise...

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Especially satisfactory results

Nasdaq OMX Copenhagen A/S                             Skjern 3 February 2021Nikolaj Plads 61007 København KAnnoncement 2/2021•  Profits before tax of DKK 143,8 million•  Equity yielded interest of 13.7 % before tax•  Core earnings amounted to DKK 154,7 million•  Net interest and fee income increased by 3.9 % to DKK 347,5 million                                                                                   •  Impairment raises to DKK 32,9 million, corresponding to 0.4 % of loans and guarantees•  Loans amounted to DKK 4,225 million and deposits amounted to DKK 6,464 million•  Satisfactory capital ratio of 21.2 % and individual solvency requirements of 9.8 %•  Core profit in 2021 is expected to be in the range of DKK 140 – 155 millionKind regardsSkjern BankHans Ladekjær Jeppesen                   Per MunckChairman of the Board                     ...

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Særdeles tilfredsstillende resultat

Nasdaq OMX Copenhagen A/S                             Skjern, 3. februar 2021Nikolaj Plads 61007 København KFondsbørsmeddelelse nr. 2/2021•  Resultat før skat på 143,8 mio. kr.•  Egenkapitalen forrentes med 13,7 % før skat•  Basisresultatet opgøres til 154,7 mio. kr.• Nettorente- og gebyrindtægter stiger med 3,9 % til 347,5 mio. kr.                                                                                   • Nedskrivninger stiger til 32,9 mio. kr. svarende til 0,4 % af udlån og garantier•  Udlån udgør 4.225 mio. kr. og indlån udgør 6.464 mio. kr.•  Tilfredsstillende kapitalprocent på 21,2 % og individuelt solvensbehov på 9,8 %•  Basisresultat i 2021 forventes i intervallet 140 – 155 mio. kr. Venlig hilsenSkjern BankHans Ladekjær Jeppesen                   Per MunckBestyrelsesformand                          DirektørSpørgsmål bedes...

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Cortus Energy levererar syngas till Höganäs AB för första proveldning i värmningsugn

Höganäs AB fick under tisdagen en första provleverans av syngas från Cortus anläggning för förnybar energi i Höganäs. Den gröna energigasen har använts för proveldning i den värmningsugn som konverterats för drift med syngas att ersätta naturgas. Testet har genomförts med bra resultat för båda parter.Testet är en del i de förberedelser som görs inför kommande mer omfattande leveranser efter den ombyggnad av Cortus anläggning som startar under nästa vecka.  ”Vi har äntligen kunnat provelda syngas producerad på plats i Höganäs i vår värmningsugn och gläds åt att detta första försök fungerade så bra. Vi ser fram emot att starta mer omfattande tester i vår produktion. Syngasen från Cortus är en viktig pusselbit i vårt arbete mot att bli klimatneutrala, säger Magnus Pettersson som är Höganäs ABs projektledare.”För oss på Cortus är det ett...

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