Day: February 9, 2021
SAN DIEGO, Feb. 09, 2021 (GLOBE NEWSWIRE) — GBT Technologies Inc. (OTC PINK: GTCH) (“GBT” or the “Company”) with GBT Tokenize Corp (GBT/Tokenize) commenced evaluating the adaptation of its qTerm device to the hotel industry. This special version of the device will be called ‘Hotel Health Watcher’ and will include additional features that are hotel related. GBT/Tokenize is assessing whether these features can be integrated into the device.GBT/Tokenize’s qTerm is aimed to measure human vitals with a touch of a finger. qTerm first release will include body temperature, blood oxygen and heart rate vitals. The next release is planned to include blood pressure measurement. GBT is assessing the feasibility of incorporating the qTerm into Hotel related circuitries that will be integrated within the device in order to open hotel doors...
Grace Reports Fourth Quarter and Full-Year 2020 Results; Delivers Strong Finish to the Year and Provides 2021 Outlook
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Fourth Quarter 2020 HighlightsNet sales of $470.2 million were up 12.1% sequentially versus the third quarter and down 6.8% versus the prior yearDelivered strong sequential improvement in gross margin (+120 bps) and Adjusted Gross Margin (+130 bps); both sales and gross margin are nearing pre-pandemic levelsDiluted EPS of $(0.66), down $0.24 versus the prior year; Adjusted EPS of $0.88 was down 32.8% versus the prior year but increased 57.1% sequentially from the third quarterAdjusted EBIT of $96.2 million increased 38.2% sequentially versus the third quarter but was down 27.6% compared to the prior yearFull-Year 2020 Highlights2020 results reflect the economic impacts of the COVID-19 pandemic; 4Q20 was our strongest quarter of the year; our business fundamentals remain intact and we exited 2020 with positive momentumNet sales of $1.73...
Apollo Strategic Growth Capital II Announces Launch of Initial Public Offering
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NEW YORK, Feb. 09, 2021 (GLOBE NEWSWIRE) — Apollo Strategic Growth Capital II (the “Company”) today announced it intends to commence its initial public offering of 50,000,000 units at $10.00 per unit. The Company intends to grant the underwriters a 30-day option to purchase up to 7,500,000 additional units.Each unit issued in the initial public offering will consist of one Class A ordinary share of the Company and one-fifth of one warrant, each whole warrant entitling the holder thereof to purchase one Class A ordinary share at an exercise price of $11.50 per share. We expect the units will be listed on the New York Stock Exchange (the “NYSE”) under the symbol “APGB.U.” Once the securities constituting the units begin separate trading, we expect that the Class A ordinary shares and warrants will be listed on the NYSE under the symbols...
Battery Recycling Market Eyeing Phenomenal Growth at a Healthy 5.85% CAGR | Market Research Future (MRFR)
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Pune, Feb. 09, 2021 (GLOBE NEWSWIRE) — Battery Recycling Market Analysis/Battery Recycling Market Trends The global battery recycling industry is highly lucrative and predicted to witness significant growth at a healthy 5.85% CAGR over the forecast period (2020- 2026), reveals the Market Research Future (MRFR) report. Battery recycling is the collection of batteries through different sources like electronic, consumer, industrial, and automotive appliances and the recovery of metals of element with recycling. Fascinating Features that Spur Market Growth As per the Market Research Future report, there are numerous factors that are propelling the battery recycling market size. These include the growing concerns for depleting rare earth metals, need for recycled batteries owing to environmental protection guidelines and stringent government...
Grace Announces Increased Quarterly Dividend
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COLUMBIA, Md., Feb. 09, 2021 (GLOBE NEWSWIRE) — W. R. Grace & Co. (NYSE:GRA) today announced that it has declared a quarterly cash dividend of $0.33 per common share. The dividend, payable March 23, 2021 to shareholders of record at the close of business on March 2, 2021, reflects approval by the Board of Directors of a 10 percent increase in the company’s regular annual cash dividend, from $1.20 per common share to $1.32 per common share.The declaration of any dividends falls within the discretion of the Board, taking into account such considerations as the Board may deem relevant at the time including, without limitation, the company’s financial condition, financial performance, available liquidity, and applicable legal requirements.About GraceBuilt on talent, technology, and trust, Grace is a leading global specialty...
Cenovus reports 2020 fourth-quarter and full-year results
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CALGARY, Alberta, Feb. 09, 2021 (GLOBE NEWSWIRE) — Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) responded to extreme oil price volatility in 2020 by quickly reducing capital spending as well as strategically managing oil sands production and purchasing curtailment credits to achieve increased output when prices were more favourable. The company generated positive free funds flow in the fourth quarter, partially offsetting the impact of low oil prices on its full-year results. Cenovus’s planned combination with Husky Energy, announced in the fourth quarter, closed January 1, 2021. The company exited 2020 with net debt of $7.2 billion.“In a year of unprecedented challenges for our industry, we demonstrated the flexibility, strength and reliability of our operations by adapting our capital and operating plans, including leveraging the...
Fluidra continues in the FTSE4Good
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The index enables investors to identify businesses that comply with ESG policiesCDP also reflects Fluidra’s commitment to sustainable practices9 February 2021 – Fluidra, a global leader in the pool and wellness equipment sector, will remain on the FTSE4Good Index Series for one more year. This selection is designed to enable investors to identify businesses that comply with the best practices on environmental, social and corporate governance (ESG) matters.The company joined this index for the first time in 2009 and subsequently left and rejoined because of its overall capitalization volume. In order to be part of the FTSE4Good, certain levels of capitalization must be reached and a number of ESG standards met. The FTSE4Good is overseen by an independent committee of experts in these fields and market professionals.Fluidra’s admission...
US C-arms Market to Reach USD 1146.1 Million at 4.4% CAGR by 2027; Increasing Number of Orthopedic Disorders will Emerge in Favor of Market Growth, says Fortune Business Insights™
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Pune, India, Feb. 09, 2021 (GLOBE NEWSWIRE) — The “US C-arms Market Share” is projected to reach USD 1146.1 million by the end of 2027. Technological advancements have played a massive role in the growth of the overall market in the coming years. The presence of several large-scale companies will emerge in favor of market growth. According to a report published by Fortune Business Insights, titled “US C-arms Market Size, Share & COVID-19 Impact Analysis, By Type (Fixed C-arms, Mobile C-arms (Full Size c-arms, Mini C-arms), By Application (Orthopedics and Trauma, Cardiology, Neurology, Gastroenterology, Oncology, and Others), By Detector (Flat Panel Detector, and Image Intensifier), By End User (Hospitals, Ambulatory Surgical Centers, and Specialty Clinics), 2020-2027” the market was worth USD 814 million and will exhibit a...
Orientering om kommende prospektopdatering for Sparinvest SICAV, herunder navneændring for 4 afdelinger
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Sparinvest S.A. offentliggør hermed meddelelse om en kommende opdatering af prospektet for Sparinvest SICAV. Prospektændringerne forventes at træde i kraft den 9. marts 2021.Ændringerne er beskrevet i ”Notice to shareholders”, som er vedhæftet nærværende fondsbørsmeddelelse.I den forbindelse skal det fremhæves, at nedenstående afdelinger vil ændre navn for bedre at afspejle afdelingernes investeringsstrategi;Foreningens nye prospekt med tilhørende dansk appendix forventes at blive offentliggjort på ikrafttrædelsesdagen den 9. marts 2021 og vil i den forbindelse blive gjort tilgængelig på sparinvest.dk. Henvendelser vedrørende nærværende fondsbørsmeddelelse kan rettes til direktør Niels Solon, tlf.nr. 36 34 75 03.Med venlig hilsenNiels SolonVedhæftet fil20210209_Notice to Shareholders_Prospectus update_DK-EN
Secoo Special Committee Retains Financial Advisor and Legal Counsel
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BEIJING, Feb. 09, 2021 (GLOBE NEWSWIRE) — Secoo Holding Limited (“Secoo” or the “Company”) (NASDAQ: SECO), Asia’s leading online integrated upscale products and services platform, today announced that the special committee consisting of independent directors (the “Special Committee”) of the Company’s board of directors (the “Board”), formed to review and consider, among other things, the previously announced preliminary non-binding “going private” proposal (the “Proposal”) received by the Board on January 10, 2021, has retained Duff & Phelps, LLC as its financial advisor and Hogan Lovells as its legal counsel to assist it in its review and evaluation of the Proposal.The Board cautions the Company’s shareholders and others considering trading the Company’s securities that no decisions have been made by the Special Committee with...