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Month: July 2021

Christian Dior delivers record first half performance

  Christian Dior delivers record first half performance     Paris, July 26, 2021   The Christian Dior group recorded revenue of 28.7 billion euros in the first half of 2021, up 56% compared to the same period in 2020. Organic revenue growth was 53% compared to 2020 and 11% compared to 2019. This performance reflects accelerated growth in the second quarter of 2021, which saw organic revenue increase by 14% compared to 8% in the first quarter. The first half of this year marks a return to strong growth momentum after a severely disrupted year in 2020 resulting from the global pandemic. The largest business group, Fashion & Leather Goods, achieved record levels of revenue with organic growth of 81% compared to 2020, and 38% compared to 2019. The United States and Asia are up sharply since the start of the year while Europe is experiencing...

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UPDATE — BayFirst Financial Corp. Reports Record Earnings of $13.02 Million, or $2.98 Per Diluted Share, in 2Q21; Results Highlighted by Strong Loan Growth

ST. PETERSBURG, Fla., July 26, 2021 (GLOBE NEWSWIRE) — BayFirst Financial Corp. (f/k/a First Home Bancorp, Inc.) (OTCQX: FHBI) (“BayFirst” or the “Company”), parent company of First Home Bank (“First Home” or the “Bank”) reported record earnings for the second quarter of 2021, driven by higher net interest income from both the recognition of $14.73 million of Paycheck Protection Program (“PPP”) origination fees earned on PPP loans sold during the quarter, as well as higher interest income from non-PPP loans, and strong noninterest income led by residential loan fees. BayFirst reported net income for the second quarter of 2021 of $13.02 million, or $2.98 per diluted common share, compared to net income of $7.51 million, or $1.85 per diluted common share, in the first quarter of 2021, and $2.35 million, or $0.63 per diluted common...

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Fitch affirms Ohio National’s ratings

Fitch views Ohio National as well positioned in its primary markets of life, disability and fixed annuities Fitch affirms stable outlook, reflecting Ohio National’s strong risk-adjusted capitalization Fitch expects that the Constellation transaction announced in March 2021 will positively impact capital on a long-term basis CINCINNATI, July 26, 2021 (GLOBE NEWSWIRE) — Ohio National Financial Services announced that Fitch Ratings has affirmed ratings for the financial strength of The Ohio National Life Insurance Company and Ohio National Life Assurance Corporation at ‘A-’ with stable outlook. The ‘A-’ rating is Fitch’s seventh-highest rating on a 21-part scale. According to Fitch, insurers rated with ‘a’ category have high credit quality and are subject to low credit default risk. In its statement, Fitch acknowledges the affirmation...

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Hybrid EV Battery Market worth USD 28.68 billion by 2027, registering a CAGR of 24.41% CAGR – Report by Market Research Future (MRFR)

New York, July 26, 2021 (GLOBE NEWSWIRE) — Hybrid EV Battery Market Overview: According to a comprehensive research report by Market Research Future (MRFR), “Hybrid EV Battery Market Research Report, Type, Application and Region – Forecast till 2027” the market size is projected to be worth USD 28.68 billion by 2027, registering a CAGR of 24.41% CAGR during the forecast period (2021 – 2027), The market was valued at USD 8.15 billion in 2020. High Fuel Costs and Environmental Concerns The increasing high fuel costs and environmental issues, as well as a growth in demand for plug-in hybrid EVs, are boosting demand for hybrid EV batteries. The increasing fuel costs and environmental issues among governments and consumers are heavily influencing the growth in demand and consumption of hybrid EV batteries, resulting in strict...

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First Northwest Bancorp Completes Purchase of Bellevue Branch

PORT ANGELES, Wash., July 26, 2021 (GLOBE NEWSWIRE) — First Northwest Bancorp (NASDAQ: FNWB) (the “Company”), the holding company for First Federal Savings and Loan Association of Port Angeles (“First Fed”), has completed the acquisition of a Bellevue, Washington branch from Sterling Bank and Trust of Southfield, Michigan (“SBT”). “We are excited to welcome our new customers and Bellevue team members to First Fed, recently recognized by Forbes as a top bank in our state,” said Matt Deines, President and CEO of First Fed. “Our team looks forward to serving King County by building the same strong relationships that have defined our history as a community bank.” Last month First Fed was named a Forbes 2021 Best-in-State Bank, one of three in Washington state. Currently First Fed has 14 locations offering services in Clallam, Jefferson,...

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HVAC Motors Market worth USD 21.33 billion by 2027, registering a CAGR of 6.90% – Report by Market Research Future (MRFR)

New York, July 26, 2021 (GLOBE NEWSWIRE) — HVAC motors Market Overview: According to a comprehensive research report by Market Research Future (MRFR), “HVAC motors Market Research Report, Type, Application, End-Use and Region – Forecast till 2027” the market size is projected to be worth USD 21.33 billion by 2027, registering a CAGR of 6.90% during the forecast period (2021 – 2027), The market was valued at USD 12.65 billion in 2020. Need for HVAC Systems to Minimize Energy Consumption The rising need for HVAC systems to minimize energy consumption, as well as the implementation of various government rules and policies to conserve energy, are projected to drive the worldwide HVAC motors market growth. Furthermore, increased industrialization and rising GDP, particularly in China and India, give numerous prospects for...

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Freddie Mac Announces Release Date for Second Quarter 2021 Financial Results

MCLEAN, Va., July 26, 2021 (GLOBE NEWSWIRE) — Freddie Mac (OTCQB:FMCC) announced today that it plans to report its second quarter 2021 financial results before the U.S. financial markets open on Thursday, July 29, 2021. The company will hold a call at 9 a.m. Eastern Time (ET) on Thursday, July 29, 2021 to share the company’s results with the media.  The call will be concurrently webcast, and the replay will be available on the company’s website for approximately 30 days. All materials related to the call will be available on the Investor Relations page of the company’s website. Freddie Mac makes home possible for millions of families and individuals by providing mortgage capital to lenders. Since our creation by Congress in 1970, we’ve made housing more accessible and affordable for homebuyers and renters in communities nationwide....

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Michelin: Availability of the Half-Year Financial report as of 30 June 2021

Clermont-Ferrand, July, 26 2021 COMPAGNIE GÉNÉRALE DES ÉTABLISSEMENTS MICHELIN AVAILABILITY OF THE HALF-YEAR FINANCIAL REPORT AS OF 30 JUNE 2021 Michelin Group announced today that the 2021 half-year financial report is now available and has been filed with the French Autorité des Marchés Financiers (AMF). The report and the first-half 2021 financial results presentation are available on (https://www.michelin.com/en), in the “Finance / Regulated information / regulatory informations CGEM-AMF” section.Investor Relations   Édouard de Peufeilhoux+33 (0) 6 89 71 93 73 edouard.de-peufeilhoux@michelin.com   Pierre Hassaïri+33 (0) 6 84 32 90 81 pierre.hassairi@michelin.com   Flavien Huet+33 (0) 7 77 85 04 82flavien.huet@michelin.com   Media Relations   +33 (0) 1 45 66 22 22groupe-michelin.service-de-presse@michelin.com   Individual...

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WISeKey’s NFT platform now available as a white-label allows brands to issue their TrustedNFT fully carbon neutral projects to comply with upcoming ESG regulations

WISeKey’s NFT platform now available as a white-label allows brands to issue their TrustedNFT fully carbon neutral projects to comply with upcoming ESG regulations The partnership with Green NFT also ensures that NFTs on the WISe.Art platform are fully carbon neutral and in compliance with upcoming ESG regulations, which is the desire of most collectors to protect the planet. The while-labeling WISeKey NFT option allows brands to include a part of the WISe.Art platform into their own ecosystems and websites to securely auction, trade and display high-value collectible NFTs, a brand building alternative of the digital world. Geneva – July 26, 2021 – WISeKey International Holding (“WISeKey”, SIX: WIHN, NASDAQ: WKEY), a leading cybersecurity, AI and IoT company, today announced that its NFT platform for the collectible...

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Leasinvest Real Estate SA: Publication of a transparency notification

PUBLICATION OF A TRANSPARENCY NOTIFICATION IN ACCORDANCE WITH THE LAW OF 02/05/2007 ON THE DISCLOSURE OF IMPORTANT PARTICIPATIONS A notification of 26 July 2021 issued by AG Insurance, shows that both a passive threshold overrun and a drop below the minimum threshold took place, following the introduction of the double voting rights and a capital increase by contribution in kind from a/o Extensa Group, as approved at the extraordinary general meeting of Leasinvest Real Estate on 19 July 2021. The total number of voting rights of AG Insurance in Leasinvest Real Estate has therefore decreased to 2.58% of the voting rights in Leasinvest Real Estate NV (hereinafter the “Company”). The notification comprises the following information: REASON FOR THE NOTIFICATION: Passive threshold overrun – Drop below the minimum threshold NOTIFICATION:...

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