Month: August 2021

North Media: Improved H1 earnings – FY 2021 guidance upgraded

Written by Customer Service on August 18, 2021. Posted in Earnings Releases And Operating Results.

Announcement no. 18/-2021 18 August 2021 Q2 2021 highlights (Q2 2020 comparative numbers in brackets): North Media improved its earnings in the second quarter even though revenue was affected by new growth initiatives and timing differences. Both Last Mile (FK Distribution) and the Digital Services growth businesses improved their EBIT margins, to 27.9% and 20.9% respectively.Consolidated revenue was up by 2% to DKK 259m (DKK 254m). The Last Mile business area (FK Distribution) recorded 1% growth. The volume of printed matter for distribution by FK Distribution normalised after the COVID-19 lockdowns had impacted volumes in January and February. The Digital Services business area (BoligPortal, Ofir and Bekey) reported 13% growth. Ofir, the jobs platform, produced a 102% increase in revenue, while BoligPortal and Bekey had growth rates...

Operations Resume at Highland Valley Copper

Written by Customer Service on August 18, 2021. Posted in Public Companies.

VANCOUVER, British Columbia, Aug. 18, 2021 (GLOBE NEWSWIRE) — Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) today announced that the wildfire evacuation order for Highland Valley Copper Operations (HVC) issued by the District of Logan Lake previously announced on August 15 has been lifted. HVC has resumed operations and is now in the process of ramping back up to full production. Teck is focused on protecting the health and safety of employees and contractors and we are continuing to closely monitor wildfire and regional air quality conditions. Teck’s copper production guidance will be updated as necessary after the risk of further effect on operations from wildfires subsides. About TeckAs one of Canada’s leading mining companies, Teck is committed to responsible mining and mineral development with major...

EAB Acquires Seramount—the Leading Workplace Diversity, Equity, and Inclusion Firm—from Bonnier Corp.

Written by Customer Service on August 18, 2021. Posted in Mergers And Acquisitions.

Combined expertise in educational equity, workplace diversity, and best practice research will help schools and employers eliminate opportunity gaps Washington, DC, Aug. 18, 2021 (GLOBE NEWSWIRE) — EAB, the leading provider of education research, technology, and marketing and enrollment solutions, announced today its acquisition of Seramount from Bonnier Corp. Seramount is one of the largest and most comprehensive providers of diversity, equity, and inclusion (DE&I) services today, partnering with more than 450 of the world’s biggest and most well-known corporate brands, including half of the Fortune 100. Seramount sets the standard for best practices around inclusive corporate policies and encourages the implementation of programs that improve company culture. Subha V. Barry will continue to lead the Seramount team as its...

American Airlines to Webcast Remarks at Raymond James Diversified Industrials Conference

Written by Customer Service on August 18, 2021. Posted in Public Companies.

FORT WORTH, Texas, Aug. 18, 2021 (GLOBE NEWSWIRE) — American Airlines Group Inc. (NASDAQ: AAL) Chief Revenue Officer Vasu Raja will participate in a virtual fireside chat at the 2021 Raymond James Diversified Industrials Conference Wednesday, Aug. 25, at 8:20 a.m. CT. A live audio webcast of the conference will be available at aa.com/investorrelations. About American Airlines GroupAmerican’s purpose is to care for people on life’s journey. Shares of American Airlines Group Inc. trade on Nasdaq under the ticker symbol AAL and the company’s stock is included in the S&P 500. Learn more about what’s happening at American by visiting news.aa.com and connect with American on Twitter @AmericanAir and at Facebook.com/AmericanAirlines. Investor Relationsinvestor.relations@aa.com

Tulikivi is revising its guidance for 2021 upward: Net sales are expected to be between EUR 32 and 35 million, and the comparable operating profit is expected to improve substantially

Written by Customer Service on August 18, 2021. Posted in Public Companies.

Tulikivi is revising its guidance for 2021 upward: Net sales are expected to be between EUR 32 and 35 million, and the comparable operating profit is expected to improve substantially Previous guidance for 2021 (published on 5 May 2021): Net sales are expected to be between EUR 30 and 32 million, and the comparable operating profit is expected to improve substantially. Tulikivi is now revising its earlier estimate of the 2021 net sales upward. The net sales in 2020 were EUR 29.2 million and the comparable operating profit was EUR 1.2 million. According to the new estimate, net sales in 2021 are expected to be EUR 32 to 35 million and the comparable operating profit is expected to improve substantially. The improved outlook is based on a strong order intake from Finland and abroad during the summer. TULIKIVI CORPORATION Board of Directors Further...

ReadyForce Holdco acquires Valley Mechanical to meet growing customer demand

Written by Customer Service on August 18, 2021. Posted in Mergers And Acquisitions.

TORONTO, Aug. 18, 2021 (GLOBE NEWSWIRE) — ReadyForce Holdco, a division of the Metro Group of Companies, announced today the acquisition of Valley Mechanical Inc. in a bid to enhance its competitive edge and offer its customers greater choice, value, and flexibility. The agreement is effective from August 1st, 2021. With the deal, Valley Mechanical of Scarborough, Ontario becomes sister companies with Ready Machinery Movers, a leading machinery moving company based in Milton, Ontario that has been servicing customers in Canada and the U.S. since 1982. The deal allows the companies to offer a more comprehensive service, strengthens their position within the industry and enables accelerated future growth in this competitive market. Valley Mechanical Inc. specializes in industrial, commercial and process mechanical contracting. Under...

Battery Market worth USD 324.18 Billion by 2028, registering a CAGR of 15.34% – Report by Market Research Future (MRFR)

Written by Customer Service on August 18, 2021. Posted in Mergers And Acquisitions.

New York, Aug. 18, 2021 (GLOBE NEWSWIRE) — Batteries Market Overview: According to a comprehensive research report by Market Research Future (MRFR), “Batteries Market Research Report, Type, Application and Region – Forecast till 2028” the market is projected to be worth USD 324.18 Billion by 2028, registering a CAGR of 15.34% during the forecast period (2021 – 2028), The market was valued at USD 115.42 Billion in 2020. Rising Demand Automotive & Grid-Scale Solar Energy Storage Systems Drive Market Major batteries market trends are the spurring rise in automotive sectors worldwide and augmenting demand for grid-scale solar energy storage systems. Besides, the rising consumption of batteries for reliable storage of power substantiates the batteries market growth. Most energy generation success revolves around renewables,...

Metrospaces Acquires $3.85 Million Houston Office Building

Written by Customer Service on August 18, 2021. Posted in Mergers And Acquisitions.

Metrospaces, Inc.Brazos Atrium Office BuildingProject to Launch Real Estate Tokenization Platform Powered by Shokworks NEW YORK, NY, Aug. 18, 2021 (GLOBE NEWSWIRE) — via NewMediaWire – Metrospaces, Inc. (OTC: MSPC), a PropTech company powered by Shokworks, has acquired a 50.6% equity stake in a 60,295 square-foot Houston, Texas office building as a component in the company’s plans to revolutionize tokenized real estate opportunities through its new blockchain-fueled platform. Located in a burgeoning area of Houston adjacent to Spring at 3303 FM 1960, the Brazos Atrium building is a Class-B space with a current occupancy rate of approximately 99%, made up predominantly of small businesses and nonprofits. The building was acquired at a 12% capitalization rate and represents significant potential upside due to...

Harbor Custom Development, Inc. Purchases 177 Unit Condominium Site in Lacey, Washington for $4,425,000

Written by Customer Service on August 18, 2021. Posted in Public Companies.

Gig Harbor, Washington , Aug. 18, 2021 (GLOBE NEWSWIRE) — Harbor Custom Development, Inc. (“Harbor,” “Harbor Custom Homes®,” or the “Company”), (NASDAQ: HCDI; HCDIP; HCDIW), an innovative and market leading real estate company involved in all aspects of the land development cycle, today announced it has purchased an 8.44 acre property entitled for the construction of 177 condominium units in Lacey, Washington for $4,425,000. Located less than ten minutes to the Washington State Capitol of Olympia and Joint Base Lewis-McChord, the 177 condominiums will cater to first-time home buyers searching for affordable options in a very tight Thurston County market. Joint Base Lewis-McChord supports more than 40,000 service members, including active duty, National Guard, and reserve members and approximately 14,000 full-time civilian employees....

Ozop Energy Solutions (OZSC) Announces Stem Smart Energy Storage 2MW / 4MWh Project in New York City

Written by Customer Service on August 18, 2021. Posted in Public Companies.

Project expected to be first of many that will help U.S. cities reduce brownouts and blackouts WARWICK, NY, Aug. 18, 2021 (GLOBE NEWSWIRE) — Ozop Energy Solutions (OZSC), (“Ozop” or “the Company”), a premier multi-vertical energy holding company, announced today that its wholly owned subsidiary, Ozop Energy Systems, Inc., will deliver a 2 megawatt (MW) / 4 megawatt hour (MWh) smart energy storage project with Stem, Inc. (NYSE: STEM), a global leader in artificial intelligence (AI)-driven energy storage services, to one of its commercial property customers in the Borough of Brooklyn, New York. The project will optimize revenues under the state’s Value of Distributed Energy Resources (VDER) tariff that compensates distributed resources on a varying hourly basis for the specific benefits provided to the grid. The front of meter energy...

Month: August 2021

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