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Month: February 2021

NNIT A/S: 2/2021 Acquisition of treasury shares and notification of managers’ transaction

Company announcement 02/2021Acquisition of treasury shares and reporting of transactions made by persons discharging managerial responsibilities in NNIT’s sharesNNIT A/S (“NNIT”), a leading provider of IT services and consultancy, announces that on February 3, 2021 it has entered into agreements to acquire 77,228 shares of a nominal value of DKK 10 each to be held in treasury for the purpose of covering NNIT’s incentive programmes.The treasury shares will be acquired from certain employees that participated in NNIT’s retention programme. The shares will be acquired at a price of DKK 106.95 each and the price has been calculated as the volume weighted average price on Nasdaq Copenhagen A/S for NNIT shares in the period 29 January 2021 through and including 2 February 2021, i.e. three (3) trading days.With the above purchases, NNIT will...

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Corning Announces Increase in Quarterly Dividend

CORNING, N.Y. , Feb. 03, 2021 (GLOBE NEWSWIRE) — Corning Incorporated’s (NYSE: GLW) Board of Directors declared on Wednesday a quarterly dividend of $0.24 per common share, a 9% increase versus the company’s previous quarterly common stock dividend of $0.22. The 2021 first-quarter dividend will be payable on March 30, 2021, to shareholders of record on Feb. 26, 2021.Tony Tripeny, executive vice president and chief financial officer, noted, “Our fundamental approach to capital allocation remains the same. We continue to focus our portfolio and utilize our financial strength. We generate strong operating cash flow, and we expect that to continue going forward. We will continue to use our cash to grow, extend our leadership, and reward shareholders. This dividend reflects Corning’s confidence in our future.”Caution Concerning Forward-Looking...

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Sogeclair: Turnover for 2020

Blagnac, France, February 03rd 2021-5.35 pm,Montreal, CanadaTurnover for 2020: decline by 33.5%: €123.1MSOGECLAIR, designer and manufacturer of innovative high added-value solutions for mobility, announces today its turnover for 2020. It decreases by 33.5% (33.1% at constant exchange rate).The aeronautics and automotive sectors were severely penalized, from mid-March 2020, by the Covid-19 health crisis. SOGECLAIR, which achieved more than ¾ of its activity in these two sectors, saw its turnover fall by 33.5%.Measures were taken without delay to meet the challenges of this crisis:Reduction of the workforce (-350 departures at the end of 2020 and around 150 departures at the beginning of 2021, i.e. a total of 30% of the workforce) and the setting up of partial activity,Closure of the subsidiary in Morocco, legal simplification in Canada...

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Sogeclair: Chiffre d’affaires 2020

Blagnac, France, le 03 février 2021-17h35,Montréal, CanadaChiffre d’affaires 2020 : recul de 33,5% : 123,1M€SOGECLAIR, concepteur et producteur de solutions innovantes à forte valeur ajoutée pour la mobilité, annonce aujourd’hui son chiffre d’affaires pour 2020, en baisse de 33,5% (33,1% à taux de change constant).Les secteurs de l’aéronautique et de l’automobile ont été fortement pénalisés, dès la mi-mars 2020, par la crise sanitaire de la Covid-19. SOGECLAIR qui réalise plus des ¾ de son activité dans ces deux secteurs a vu son chiffre d’affaires reculer de 33,5%.Des mesures ont été prises sans délai pour répondre aux défis de cette crise :Réduction des effectifs (-350 départs à fin 2020 et environ 150 départs début 2021 soit au total une baisse de 30% des effectifs) et mise en place d’activité partielle,Fermeture de la filiale au Maroc,...

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ASSYSTEM: Chiffre d’affaires 2020 : 471,7 M€, Marge opérationnelle d’activité 2020 : 5,2% à 5,3% du CA, Perspective 2021 portée par les succès commerciaux du Nucléaire

           Chiffre d’affaires 2020 : 471,7 M€Marge opérationnelle d’activité 2020 : 5,2% à 5,3% du CA1Perspective 2021 portée par les succès commerciaux du NucléaireParis-La Défense, le 3 février 2021, 17h35 – Assystem S.A. (ISIN : FR0000074148 – ASY), groupe international d’ingénierie, annonce aujourd’hui le chiffre d’affaires réalisé sur l’exercice 2020.Chiffre d’affaires consolidé 2020 et variations par rapport à 2019 (non audité)* A périmètre comparable et taux de change constant.** Activité déconsolidée depuis le 1er juillet 2020.En 2020, l’activité d’Assystem a été affectée par la pandémie de Covid-19 à partir de mi-mars, avec un effet très marqué pendant la période de confinement sanitaire généralisé en France (de mi-mars à fin mai).En conséquence, le Groupe a enregistré une contraction de son chiffre d’affaires consolidé...

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ASSYSTEM: 2020 consolidated revenue: €471.7 million, 2020 EBITA margin: 5.2% to 5.3%, Outlook for 2021 buoyed by contract wins for Nuclear activities

           2020 consolidated revenue: €471.7 million2020 EBITA margin: 5.2% to 5.3%1Outlook for 2021 buoyed by contract wins for Nuclear activitiesParis-La Défense, 3 February 2021, 5.35 p.m. (CET) – Assystem S.A. (ISIN: FR0000074148 – ASY), an international engineering group, today released its revenue figures for the year ended 31 December 2020.Consolidated revenue and year-on-year changes (unaudited)* Based on a comparable scope of consolidation and constant exchange rates.** The business corresponding to the “Other” segment has been deconsolidated since 1 July 2020.In 2020, Assystem’s business was affected by the Covid-19 pandemic as from the middle of March, with a very marked impact during the national lockdown in France (from mid-March to end-May).Consequently, consolidated revenue contracted by 5.2% in 2020, with a 5.5% like-for-like...

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MPHASE REDUCES DEBT WITH ADDITIONAL CONVERTIBLE NOTES PAYMENTS

Gaithersburg, MD, Feb. 03, 2021 (GLOBE NEWSWIRE) — mPhase Technologies, Inc. (OTC Pink: XDSL) (“mPhase” or the “Company”) is pleased to report that it has paid off two additional convertible notes, marking the third and fourth notes retired during January 2021. All of the convertible notes were paid off to avoid dilution and reduced the Company’s overall debt. Management’s goal is to continue to pay off notes prior to their due dates to avoid further dilution.“During 2020, we incurred some one-time costs associated with infrastructure needs as we grew our organization, but recently we have generated sufficient cash flow to begin paying down our debt,” said mPhase CEO Anshu Bhatnagar. “We believe that this strategy will better position us to pursue some important growth prospects that we are currently evaluating. Having a strong...

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Booth Transport Selects ORBCOMM’s Asset Tracking Solutions for Mixed Transportation Fleet

ROCHELLE PARK, N.J., Feb. 03, 2021 (GLOBE NEWSWIRE) — ORBCOMM Inc. (Nasdaq: ORBC), a global provider of Internet of Things (IoT) solutions, today announced that it has been selected by Booth Transport, one of Australia’s leading national freight and logistics service providers, to provide its asset tracking solutions to monitor their fleet of ISO tanks, road tankers and chassis. ORBCOMM’s comprehensive solutions provide wireless connectivity through its industry-leading hardware and a single, unified cloud-based analytics platform for optimal fleet management across multiple asset classes.Booth Transport is using ORBCOMM’s advanced asset monitoring solution, which features a high-sensitivity solar panel and includes some units with a wired temperature sensor, to gain complete visibility and control over their mixed fleet. ORBCOMM...

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COMMUNITY HEALTH SYSTEMS TO BROADCAST FOURTH QUARTER AND YEAR-END 2020 CONFERENCE CALL LIVE ON THE INTERNET

FRANKLIN, Tenn., Feb. 03, 2021 (GLOBE NEWSWIRE) — Community Health Systems, Inc. (NYSE:CYH) today announced that it will provide an online Web simulcast and rebroadcast of its fourth quarter and year-end 2020 conference call.The Company will issue a press release announcing its results on Wednesday, February 17, 2021, after the regular close of trading. The conference call is scheduled to begin at 10:00 a.m. Central time, 11:00 a.m. Eastern time, on Thursday, February 18, 2021. A live broadcast of the conference call will be available online at www.chs.net. To listen to the live call, please go to the web site at least 15 minutes early to register, download, and install any necessary audio software. The online replay will follow shortly after the call and continue for approximately 30 days.During this call, Community Health Systems...

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Glen Burnie Bancorp Announces Fourth Quarter and Full Year 2020 Results

GLEN BURNIE, Md., Feb. 03, 2021 (GLOBE NEWSWIRE) — Glen Burnie Bancorp (“Bancorp”) (NASDAQ: GLBZ), the bank holding company for The Bank of Glen Burnie (“Bank”), announced today a net income of $0.55 million, or $0.19 per basic and diluted common share for the three-month period ended December 31, 2020, as compared to net income of $0.54 million, or $0.19 per basic and diluted common share for the three-month period ended December 31, 2019.Bancorp reported net income of $1.67 million, or $0.59 per basic and diluted common share for the year ended December 31, 2020, compared to $1.60 million, or $0.57 per basic and diluted common share for the same period in 2019. Net loans decreased by $30.4 million, or 10.75% during the twelve-month period ended December 31, 2020, compared to a decrease of $13.9 million, or 4.69% during the same...

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