Day: April 22, 2021
LAS VEGAS, April 22, 2021 (GLOBE NEWSWIRE) — via InvestorWire – Asia Broadband Inc. (OTC: AABB) (“AABB” or the “Company”) is pleased to announce that it has signed a Letter of Intent (LOI) to acquire a historic production multiple mine property in the prolific mining region of Acaponeta in Nayarit, Mexico. The high-grade acquisition target that is located approximately 48 kms southeast from the city of Acaponeta and 3 kms from the town of El Carrizo, has two mine sites, existing infrastructure and a 200 ton per day processing facility. The Acaponeta gold project is another prospective high yield asset addition in the Company’s strategic expansion initiative to acquire gold production and increase the AABB’s physical gold holdings.
In the coming weeks, the Company will be conducting further due diligence and continuing its negotiations...
Kingsoft Cloud Releases First Environmental, Social and Governance Report
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BEIJING, April 22, 2021 (GLOBE NEWSWIRE) — Kingsoft Cloud Holdings Limited (NASDAQ: KC) (“Kingsoft Cloud” or the “Company”), a leading independent cloud service provider in China, today announced that it has published its first Environmental, Social and Governance (ESG) Report (the “Report”). The Company delivered the Report within one year after it went public in May 2020, taking a leading position championing ESG values, which speaks to the great importance that the Company attaches to its ESG responsibility.
The Report refers both the ESG Reporting Guide 2.0 issued by the Nasdaq Stock Market and the ESG Reporting Guide consultation documents issued by the Hong Kong Stock Exchange.
The Report identifies both strengths and opportunities for sustainable development, focusing on ESG topics, including privacy and data security, low-carbon...
Uxin Enters into Strategic Partnership with JD.com
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BEIJING, April 22, 2021 (GLOBE NEWSWIRE) — Uxin Limited (“Uxin” or the “Company”) (Nasdaq: UXIN), a leading nationwide online used car dealer in China, today announced that it has entered into a strategic partnership with JD.com to launch a self-operated online store for used car transactions through JD’s platform.
The two companies will work together to provide consumers with one-stop online used car purchase solutions including used car inspection, purchasing, insurance, and aftersales services, and explore additional opportunities in data management, technology, inspection standards, and integrated supply chains in the used car business.
Mr. Kun Dai, Founder, Chairman and Chief Executive Officer of Uxin, commented: “We are excited about this opportunity to cooperate with JD.com to offer customers a higher quality and more reliable...
Personal Protective Equipment Market to Reach USD 231,630.4 Million by 2028; Development of Sustainable Products to Aid PPE Industry Growth: Fortune Business Insights™
Written by Customer Service on . Posted in Mergers And Acquisitions.
Pune, India, April 22, 2021 (GLOBE NEWSWIRE) — The global personal protective equipment market is set to gain impetus from the persistent efforts by manufacturers operating in the U.S. to make the environment cleaner, safer, and greener. Several glove producers are trying to reduce energy consumption by enhancing the existing machines or developing new ones. In April 2020, for instance, Mallcom (India) Limited announced its plan to introduce new shoe covers and PPE overalls in addition to its recyclable and disposable face mask, especially for the medical industry. This information is given by Fortune Business Insights™ in a new report, titled, “Personal Protective Equipment (PPE) Market, 2021-2028.” As per the report, the PPE market size was USD 128,675.1 million in 2020 and is projected to reach USD 231,630.4 million by 2028,...
Travelzoo Reports First Quarter 2021 Results
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NEW YORK, April 22, 2021 (GLOBE NEWSWIRE) — Travelzoo® (NASDAQ: TZOO):Consolidated revenue of $14.3 million, down 30% year-over-year and up 14% quarter-over-quarter
Non-GAAP consolidated operating profit of $0.6 million
Earnings per share (EPS) of ($0.14) attributable to Travelzoo from continuing operations
Cash flow from operations of $11.9 millionTravelzoo, a global Internet media company that publishes exclusive offers and experiences for members, today announced financial results for the first quarter ended March 31, 2021. Consolidated revenue was $14.3 million, down 30% from $20.3 million year-over-year and up 14% from $12.5 million in the prior quarter. Reported revenue excludes revenue from discontinued operations in Asia Pacific. Travelzoo’s reported revenue consists of advertising revenues and commissions, derived...
Fireweed Zinc Announces Fully Subscribed $5.0 Million Private Placement with Strategic Investor
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VANCOUVER, British Columbia, April 22, 2021 (GLOBE NEWSWIRE) — FIREWEED ZINC LTD. (“Fireweed” or the “Company”) (TSXV: FWZ) is pleased to announce a $5,000,000 private placement (the “Financing”) through the sale of 6,250,000 common shares of the Company (“Shares”) at $0.80 per Share.
Fireweed CEO Brandon Macdonald stated, “Fireweed welcomes a new strategic institutional investor who has subscribed for the entirety of the Financing. These funds are an important first step as we build toward our ambitious 2021 plans and we are encouraged that the Financing has been placed to a group who has conducted extensive due diligence and supports our long term strategy for the Macmillan Pass Project.”
The proceeds from the Offering will be used...
Adaptimmune to Report Q1 2021 Financial Results and Business Update on Thursday, May 6, 2021
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PHILADELPHIA and OXFORDSHIRE, United Kingdom, April 22, 2021 (GLOBE NEWSWIRE) — Adaptimmune Therapeutics plc (Nasdaq:ADAP), a leader in cell therapy to treat cancer, will report financial results and provide a business update for the first quarter ended March 31, 2021, before the US markets open on Thursday, May 6, 2021. Following the announcement, the Company will host a live teleconference and webcast at 9:00 a.m. EDT (2:00 p.m. BST) that same day (details below).
The press release will be available in the investor section of Adaptimmune’s corporate website at www.adaptimmune.com. A live webcast of the conference call and replay can be accessed at https://bit.ly/2Ry9DdR.
To participate in the live conference call, please dial (833) 652-5917 (U.S. or Canada) or+1 (430) 775-1624 (International). After placing the call, please ask...
GSI Technology to Announce Fourth Quarter Fiscal Year 2021 Results on May 6, 2021
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SUNNYVALE, Calif., April 22, 2021 (GLOBE NEWSWIRE) — GSI Technology, Inc. (Nasdaq: GSIT), a leading provider of high-performance memory solutions for the networking, telecommunications and military markets, and developer of the Gemini® Associative Processing Unit (APU) for Artificial Intelligence, will announce financial results for its fourth quarter fiscal year 2021 ended March 31, 2021 after the market close on Thursday, May 6, 2021. Management will also conduct a conference call to review the Company’s fourth quarter financial results and its current outlook for the first quarter of fiscal 2022 at 1:30 p.m. Pacific time (4:30 p.m. Eastern Time) on that same day.
To participate in the call, please dial 1-866-269-4261 in the U.S. or 1-856-344-9207 for international approximately10 minutes prior to the above start time and...
Magna Commits to Carbon Neutrality in Global Operations by 2030
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Targeting carbon neutrality in European operations by 2025, globally by 2030
Science-based approach aligns with objectives of Paris Climate Accord
Company signs-on as founding sponsor of XPrize Abundant Energy AllianceAURORA, Ontario, April 22, 2021 (GLOBE NEWSWIRE) — Magna enters a new era in the company’s sustainability journey with its announcement to achieve carbon neutrality in its operations by 2025 in Europe and by 2030 globally.
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/2ece7735-efbe-4175-abd1-c2beb7309fcb
“While sustainability has long been ingrained in Magna’s culture, this decade will be our most decisive yet as we accelerate our efforts to protect the planet for future generations,” said Magna CEO Swamy Kotagiri. “We believe achieving carbon neutrality...
First Merchants Corporation Announces First Quarter 2021 Earnings per Share
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MUNCIE, Ind., April 22, 2021 (GLOBE NEWSWIRE) — First Merchants Corporation (NASDAQ – FRME) has reported first quarter 2021 net income of $49.5 million compared to $34.3 million during the same period in 2020. Earnings per share for the period totaled $.91 per share compared to the first quarter of 2020 result of $.62 per share, an increase of $.29, or 47 percent.
Total assets equaled $14.6 billion as of quarter-end and loans totaled $9.3 billion. The Corporation’s loan portfolio increased by $711 million, or 8.3 percent, during the past twelve months. The increase was primarily due to Paycheck Protection Program (“PPP”) loans which accounted for $742 million of the quarter-end loan balance. Investments increased $1 billion, or 37.2 percent, during the year and now total $3.7 billion. Total deposits equaled $12.0 billion as...