Day: August 6, 2021

ING posts 2Q2021 net result of €1,459 million

Written by Customer Service on August 6, 2021. Posted in Public Companies.

ING posts 2Q2021 net result of €1,459 million2Q2021 result before tax of €2,065 million; capital position strengthens to 15.7%• Growth in fee income of 18.3% year-on-year, especially in daily banking and investment products. Net interest incomedeclined due to liability margin pressure.• Net release of risk costs following an update of macroeconomic indicators. Expenses remained under control.• Shareholder distribution of €3,618 million after 30 September 2021. More customers choose ING as their primary bank; lending decreases• Primary customer base rose by 281,000 in 2Q2021 to 14.0 million.• Net core lending growth of €-3.7 billion in 2Q2021 due to repayments; improvement in lending margin. Net core depositsgrowth of €4.9 billion. CEO statement“I’m...

Lithium Mining Market to Hit USD 516.22 Million in 2028; Rising Electrification of Buses, Trucks, Cars, and Two Wheelers to Bolster Growth: Fortune Business Insights™

Written by Customer Service on August 6, 2021. Posted in Mergers And Acquisitions.

Key Companies Covered Lithium Mining Market Research Report are Jiangxi Ganfeng Lithium, Albemarle Corporation, Tianqi Lithium, Sociedad Química y Minera, Mineral Resources Limited, Pilbara Minerals, MC Corporation, Nemaska Lithium Inc., MGX Minerals Inc., Orocobre Limited Pty Ltd, Nordic Mining ASA, Wealth Minerals Limited, Galaxy Resources Limited, Lithium Americas Corp. Pune, India, Aug. 06, 2021 (GLOBE NEWSWIRE) — The global lithium mining market size is set to gain impetus from the increasing electrification of trucks, buses, two-wheelers, and three-wheelers. The International Energy Agency’s Global EV Outlook 2020 stated that in 2019, around 2.6% of electric cars were sold worldwide. It showcased a surge of 40% compared to 2018. This information is given by Fortune Business Insights™ in a report titled, “Lithium Mining Market,...

Solid Oxide Fuel Cell Market to Hit USD 5.31 Billion in 2028; Increasing Need to Reduce Carbon Emissions and High Energy Demand to Boost Growth: Fortune Business Insights™

Written by Customer Service on August 6, 2021. Posted in Mergers And Acquisitions.

Leading Companies in the Global Solid Oxide Fuel Cell Market are Ceres, Bloom Energy, Convion, AVL, AISIN, SOLIDpower Italia, Bosch, Mitsubishi Power, FuelCell Energy, Inc., Catator AB, Elcogen, Nexceris, LLC, Suzhou Huatsing Jingkun New Energy Technology Co., Ltd., Sunfire GmbH Pune, India, Aug. 06, 2021 (GLOBE NEWSWIRE) — The global solid oxide fuel cell market is set to gain traction from the increasing initiatives by various research institutions to conduct extensive R&D activities for developing novel SOFC technology. Researchers at the Korea Institute of Science and Technology (KIST) and the Seoul National University, for instance, developed a cutting-edge thin-film 3-D process and micro-patterning technology in August 2020 to produce highly efficient SOFC units. This information is published by Fortune Business Insights™...

Cresval Reports on Annual General Meeting Voting Results

Written by Customer Service on August 6, 2021. Posted in Public Companies.

VANCOUVER, British Columbia, Aug. 05, 2021 (GLOBE NEWSWIRE) — Cresval Capital Corp. (“Cresval” or the “Company”) (TSX-V: CRV) reports the results of its Annual General Meeting (the “Meeting”) held on July 30, 2021. A total of 8,962,552 common shares, or 29.66% of the total issued and outstanding common shares of the Company, were represented at the Meeting in person or by proxy. The details of the voting results for the election of directors are set out below: Votes For WithheldDirector Number Percentage Number PercentageAnthony Taylor 8,687,052 97.39% 233,000 2.61%Paul Hickey 8,687,052 97.39% 233,000 2.61%Victor Jaramillo 8,687,052 97.39% 233,000 2.61%Carlos Lau 8,910,052 99.89% 10,000 0.11%Douglas Yee 8,670,052 97.20% 250,000 2.80%The shareholders approved all other matters as proposed. Cresval would...

KnowBe4 Announces Partial Early Lock-up

Written by Customer Service on August 6, 2021. Posted in Public Companies.

TAMPA BAY, Fla., Aug. 05, 2021 (GLOBE NEWSWIRE) — KnowBe4, Inc. (NASDAQ: KNBE), provider of the leading security awareness training and simulated phishing platform, today announced a partial early lock-up release with respect to KnowBe4’s Class A common stock, par value $0.00001 per share (the “shares”), pursuant to the terms of the lock-up agreements (“lock-up agreements”) entered into by KnowBe4’s equity holders, including current executive officers and directors, with the underwriters of KnowBe4’s initial public offering. Pursuant to the terms of the lock-up agreements, the lock-up restrictions will end with respect to 15% of the shares (including shares underlying vested RSUs and stock options) of the shares subject to each lockup agreement if certain share price and other conditions are met. Accordingly, KnowBe4 expects that...

PDL Community Bancorp Announces 2021 Second Quarter Results

Written by Customer Service on August 6, 2021. Posted in Public Companies.

NEW YORK, Aug. 05, 2021 (GLOBE NEWSWIRE) — PDL Community Bancorp (the “Company”) (NASDAQ: PDLB), the financial holding company for Ponce Bank (the “Bank”) and Mortgage World Bankers, Inc. (“Mortgage World”), reported net income of $5.9 million, or $0.35 per basic and diluted share, for the second quarter of 2021, compared to net income of $2.5 million, or $0.15 per basic and diluted share, for the prior quarter and a net loss of ($571,000), or ($0.03) per basic and diluted share, for the second quarter of 2020. Second Quarter HighlightsNet interest income of $13.7 million for the current quarter increased $840,000, or 6.5%, from prior quarter and increased $4.2 million, or 44.2%, from same quarter last year. Income before income taxes of $7.8 million for the current quarter increased $4.7 million, or 146.5%, from prior quarter...

Upwork Announces Pricing of Offering of $500.0 Million of 0.25% Convertible Senior Notes Due 2026

Written by Customer Service on August 6, 2021. Posted in Public Companies.

SAN FRANCISCO, Aug. 05, 2021 (GLOBE NEWSWIRE) — Upwork Inc. (“Upwork”) (Nasdaq: UPWK) today announced that it has priced $500.0 million aggregate principal amount of 0.25% convertible senior notes due 2026 (the “notes”). The notes are to be offered and sold in a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). Upwork also granted the initial purchasers of the notes an option to purchase, within a 13-day period from, and including the date on which the notes are first issued, up to an additional $75.0 million aggregate principal amount of notes. The sale is expected to close on August 10, 2021, subject to customary closing conditions, and is expected to result in approximately $487.0 million in net proceeds to Upwork after deducting the...

Badger Infrastructure Solutions Ltd. Announces 2021 Second Quarter Results

Written by Customer Service on August 6, 2021. Posted in Public Companies.

CALGARY, Alberta, Aug. 05, 2021 (GLOBE NEWSWIRE) — Badger Infrastructure Solutions Ltd. (“Badger”, the “Company”, “we”, “our” or “us”) (TSX:BDGI) reported second quarter results today. All results are presented in Canadian dollars unless otherwise stated. Second Quarter Financial and Operational HighlightsRevenue was $135.6 million compared with $134.5 million in the second quarter of 2020. After normalizing for the effects of foreign exchange, revenue was up 11% compared with the second quarter of 2020. Gross profit margin was 19.2% compared with 34.5% in 2020 and Adjusted EBITDA margin was 10.6% compared with 26.4% in the second quarter of 2020. Adjusted EBITDA was $14.4 million compared with $35.6 million in the second quarter of 2020, which included $5.2 million in Canada Emergency Wage Subsidy benefits. Excluding one-time...

Day: August 6, 2021

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