Month: July 2021

ALTAVISTA, Va., July 27, 2021 (GLOBE NEWSWIRE) — Net income for Pinnacle Bankshares Corporation (OTCQX:PPBN), the one-bank holding company (the “Company” or “Pinnacle”) for First National Bank (the “Bank”), was $1,056,000, or $0.49 per basic and $0.48 per diluted share, for the quarter ended June 30, 2021, and $2,155,000, or $1.00 per basic and $0.99 per diluted share, for the six months ended June 30, 2021. Net income was $667,000, or $0.43 per basic and diluted share, and $1,115,000, or $0.72 per basic and $0.71 per diluted share, respectively, for the same periods of 2020. Consolidated results for the quarter and six month periods are unaudited. Net income generated during the first half of 2021 represents a $1,040,000, or 93%, increase as compared to the same time period of the prior year, which was mainly driven by higher...

GLENWOOD SPRINGS, Colo., July 27, 2021 (GLOBE NEWSWIRE) — Alpine Banks of Colorado (OTCQX: ALPIB) (“Alpine” or the “Company”), the holding company for Alpine Bank, today announced results (unaudited) for the second quarter 2021. The Company reported net income of $15.7 million, or $152.16 per basic Class A common share and $1.01 per basic Class B common share for the second quarter 2021. Second Quarter 2021 AchievementsBook Value per Class A share increased 3.5%, or $131.85 to $3,877.86 per share versus first quarter 2021 Book Value per Class B share increased 3.5%, or $0.88 to $25.85 per share versus first quarter 2021 Organic loan growth during the second quarter 2021 was 2.5% or $76.7 million versus first quarter 2021 Core deposit growth during the second quarter 2021 was 2.8% or $141.8 million versus first quarter 2021“Alpine...

July 27, 2021 SBM Offshore is pleased to announce it has signed contracts with Petróleo Brasileiro S.A. (Petrobras) for the 26.25 years lease and operation of FPSO Almirante Tamandaré. These contracts follow the signing of the binding Letter of Intent as announced on February 25, 2021. FPSO Almirante Tamandaré will be deployed at the Búzios field in the Santos Basin approximately 180 kilometers offshore Rio de Janeiro in Brazil. SBM Offshore is progressing with the design and construction using its industry leading Fast4Ward® program. Delivery of the FPSO is expected in the second half of 2024. Corporate Profile The Company’s main activities are the design, supply, installation, operation and the life extension of floating production solutions for the offshore energy industry over the full lifecycle. The Company is market leading in leased...

ICON Pedestrian DetectionMagna’s ICON Digital Radar detects pedestrians up to 150 meters awayICON™ Digital Radar takes advanced driver-assistance technology to new levels Latest advancement helps address industry challenges for safer driving and higher levels of autonomy Developed in partnership with technology startup Uhnder, Inc.AURORA, Ontario, July 27, 2021 (GLOBE NEWSWIRE) — When Magna International’s ICON Radar debuts on the Fisker Ocean next year, it will mark the first application of digital radar for driver-assisted technology. The new digital radar enhances a vehicle’s ability to “see” its surroundings and detect potential dangers, from a stalled car in a dark tunnel to a pedestrian up to 150 meters away. “ICON Digital Radar dramatically improves performance over today’s analog radar, bringing it to...

BNP Paribas, Casino Group and Crédit Mutuel Alliance Fédéralesign an exclusivity agreement for the sale of FLOA to BNP Paribas by Casino Group and Crédit Mutuel Alliance Fédérale,and to set up a strategic partnership between BNP Paribas and Casino Group Paris, 27 July 2021 BNP Paribas, Casino Group and Crédit Mutuel Alliance Fédérale have signed an exclusivity agreement providing for:the acquisition by BNP Paribas of all outstanding shares in FLOA, one of France’s leading providers of innovative payments and a subsidiary of Casino and Crédit Mutuel Alliance Fédérale (through Banque Fédérative du Crédit Mutuel – BFCM), for a total consideration of €258 million1, for an equity of €184 million as of end-2020; a long-term strategic and commercial partnership between BNP Paribas and Casino Group. In an e-commerce market experiencing very...

  PRESS RELEASEJuly 27, 2021AVAILABILITY OF THE 2021 FIRST-HALF REPORT FORTHE PERIOD ENDED JUNE 30, 2021 Kering announces that its 2021 First-Half Report for the period ended June 30, 2021 is publicly available on the www.kering.com/en website (Finance section). About Kering A global Luxury group, Kering manages the development of a series of renowned Houses in Fashion, Leather Goods, Jewelry and Watches: Gucci, Saint Laurent, Bottega Veneta, Balenciaga, Alexander McQueen, Brioni, Boucheron, Pomellato, DoDo, Qeelin, Ulysse Nardin, Girard-Perregaux, as well as Kering Eyewear. By placing creativity at the heart of its strategy, Kering enables its Houses to set new limits in terms of their creative expression while crafting tomorrow’s Luxury in a sustainable and responsible way. We capture these beliefs in our signature: “Empowering...

PRESS RELEASE FIRST-HALF 2021 EARNINGS Paris — July 27, 2021 Klépierre, the European leader in shopping malls, today reported earnings for the six-month period ended June 30, 2021.(1) The main highlights include:First-half 2021 net current cash flow (total share) of €248 million or €0.72 per share Collection rate of 70% over the first-half as of July 21, 2021, reflecting 5 months of severe restrictions (out of which 2.5 months of full store closures) Strong sales recovery since reopening, with June sales reaching 96%(2) of the 2019 level, and up 15% compared to June 2020 Dynamic leasing activity with almost 800 leases signed, and positive reversion Loan-to-Value flat compared to December 31, 2020 at 41.1% pro forma(3) €472 million in disposals closed since January 1st (including the sale of five assets in Norway on July 8, for a total...

 Almere, The NetherlandsJuly 27, 2021, 6 p.m. CET Continued robust market demand fuels strong quarterly performance ASM International N.V. (Euronext Amsterdam: ASM) today reports its second quarter 2021 operating results (unaudited) in accordance with IFRS. FINANCIAL HIGHLIGHTSEUR million Q2 2020 Q1 2021 Q2 2021New orders 298.0 410.6 515.7Revenue 341.8 394.0 411.7Gross profit margin % 48.3 49.5 48.1Operating result 87.6 124.5 118.4Operating result margin % 25.6 31.6 28.7Result from investments (excluding amortization intangible assets resulting from the sale of ASMPT stake in 2013) 10.7 13.9 19.3Amortization intangible assets (resulting from the sale of ASMPT stake in 2013) (3.3) (3.0) (3.0)Net earnings 74.1 122.5 108.4Normalized net...