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Month: August 2021

Coiled Tubing Services Market: Break on Manufacturing Facilities and Services to Diminish Business

Key companies covered in coiled tubing services market are Schlumberger (Texas, US), Baker Hughes, a GE Company (Texas, US), Halliburton (Texas, US), C&J Energy Services (Texas, US), Key Energy Services (Texas, US), Archer – the well company (Rogaland, Norway), Essential Coil (Calgary, Canada), COSL – China Oilfield Services Limited (Dongcheng District, Beijing), National Oilwel, Varco (Texas, US), National Energy Services Company (Tarshid), BJ Services (Texas, US) and others Pune, India, Aug. 16, 2021 (GLOBE NEWSWIRE) — The global coiled tubing services market size is expected to reach USD 6.73 billion by 2027, exhibiting a CAGR of 5.3% during the forecast period. The surging intervention services in onshore and offshore platforms is expected to spur opportunities for the market during the forecast period, states Fortune...

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Niu Technologies Announces Second Quarter 2021 Financial Results

— Second Quarter Total Volume of e-scooter sales up 58.0% year over year — Second Quarter Revenues of RMB 944.7 million, up 46.5% year over year — Second Quarter Net Income of RMB 91.8 million, compared with RMB 56.8 million in the same period of last year BEIJING, Aug. 16, 2021 (GLOBE NEWSWIRE) — Niu Technologies (“NIU”, or “the Company”) (NASDAQ: NIU), the world’s leading provider of smart urban mobility solutions, today announced its financial results for the second quarter 2021. Second Quarter 2021 Financial HighlightsRevenues were RMB 944.7 million, an increase of 46.5% year over year Gross margin was 22.7%, compared with 23.0% in the second quarter of last year Net income was RMB 91.8 million, an increase of 61.6% compared with RMB 56.8 million in the second quarter of last year Adjusted net income (non-GAAP)1...

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Share buy-back programme – week 32

Nasdaq CopenhagenLondon Stock ExchangeEuronext DublinOther stakeholders Date        16.08.2021 Share buy-back programme – week 32 The share buy-back programme runs from and including 5 August 2021 up to and including 30 September 2021. During this period Ringkjøbing Landbobank will buy-back shares to a maximum market value of DKK 30 million under a share buy-back programme, see company announcement of 30 July 2021. The programme is implemented in compliance with EU Commission Regulation No. 596/2014 of 16 April 2014 and EU Commission Delegated Regulation No. 2016/1052 of 8 March 2016, which together constitute the “Safe Harbour” regulation. The following transactions have been made under the share buy-back programme:Date Number of shares Average purchase price (DKK) Total purchased under the programme (DKK)Total in accordance with...

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Advantest to Participate in Virtual SEMICON Southeast Asia on August 23-27

Digital Displays to Feature Latest IC Test Solutions for Exascale Computing, 5G, and Memory Applications TOKYO, Aug. 16, 2021 (GLOBE NEWSWIRE) — Leading semiconductor test equipment supplier Advantest Corporation (TSE: 6857) will support SEMICON Southeast Asia (SEMICON SEA) on August 23-27 as a silver sponsor and will participate in the event’s virtual exhibition to share information about its latest test technologies. The virtual booth environment will facilitate real-time interactions between Advantest’s technical experts and customers by live chat and private video meeting tools. Under the theme, “Converging Technologies. Advancing the Future.”, Advantest will virtually showcase its latest test solutions that contribute to accelerating the development of revolutionary applications such as AI, exascale computing, 5G, and high-speed...

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Municipality Finance issues a GBP 100 million tap under its MTN programme

Municipality Finance PlcStock exchange release 16 August 2021 at 10:00 am (EEST) Municipality Finance issues a GBP 100 million tap under its MTN programme On 17 August 2021 Municipality Finance Plc issues a new tranche in an amount of GBP 100 million to an existing benchmark issued on 17 March 2021. With the new tranche, the aggregate nominal amount of the benchmark is GBP 465 million. The maturity date of the benchmark is 17 December 2025. The benchmark bears interest at fixed rate of 0.375% per annum. The new tranche is issued under MuniFin’s EUR 40 billion programme for the issuance of debt instruments. The offering circular is available in English on the company’s website at www.munifin.fi/investor-relations. MuniFin has applied for the new tranche to be admitted to trading on the Helsinki Stock Exchange maintained by Nasdaq...

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Bonum Bank Plc: Half-Year Financial Report for 1 January -30 June 2021 – Business operations are developing steadily

Bonum Bank Plc Stock Exchange Release 16th of August, 2021, at 9.35 AM Bonum Bank Plc: Half-Year Financial Report for 1 January -30 June 2021 – Business operations are developing steadily Compared to the previous reporting period, Bonum Bank Plc’s operating income increased by 16.5 per cent. Its profit for the period was EUR 804 thousand being EUR 561 thousand in the previous review period. The balance sheet stood at EUR 1,024,680 (1,006,480) thousand. CET1 capital adequacy ratio was 23.3 per cent. Both the card business and lending have developed well. The service centre, which was founded in Vaasa a year ago, has solidified its position within the Group as the provider of centralised customer service functions such as being in charge of the customer service of the cards and pre-processing different applications. The exceptional circumstances...

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Fusion Fuel Green Receives Approval for €4.3 million in POSEUR Funding for HEVO-Sul Project

DUBLIN, Ireland, Aug. 16, 2021 (GLOBE NEWSWIRE) — Fusion Fuel Green PLC (NASDAQ: HTOO), (“Fusion Fuel”, or “the Company”), an emerging leader in the green hydrogen sector, announced today that it has received approval from Portugal’s Operational Program for Sustainability and Efficient Use of Resources (POSEUR) for its proposed HEVO-Sul project in Sines, Portugal. The Portuguese government has allocated €40 million in direct grants for the POSEUR program, which aims to support the production of green hydrogen and other renewable gases, and Fusion Fuel will receive €4.3 million for the project, which has a total investment value of €8 million. The HEVO-Sul project is comprised of 178 HEVO-SOLAR units, which will produce approximately 418 tons of green hydrogen annually. The hydrogen will be used for several...

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Future plc Acquires Leading Wealth, Knowledge and B2B Technology Brands From Dennis Publishing

Twelve Notable Properties Including Kiplinger’s, The Week, Coach, and IT Pro Join Future’s Growing Portfolio NEW YORK, Aug. 16, 2021 (GLOBE NEWSWIRE) — Future plc, the global platform for specialist media, announced today the acquisition of a portfolio of leading Wealth, Knowledge and B2B Pro Technology specialist brands from Dennis Publishing. The approximately £300m deal includes respected print and online publications Kiplinger, MoneyWeek, The Week & IT Pro, which join other recent acquisitions by Future that include GoCo Group and MarieClaire.com. The move accelerates the realization of Future’s growth strategy in the Wealth and Knowledge verticals, extends its reach in the US and adds a significant subscription conversion engine to Future’s core offerings. “I am delighted to announce the acquisition of a high-quality...

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DPA Group N.V.: 93% of the DPA Shares have been tendered under the New Horizons offer

This is a joint press release by DPA Group N.V. (“DPA”) and New Horizons Holding B.V. (the “Offeror” or “New Horizons”), pursuant to the provisions of Section 17 paragraph 4 of the Decree on Public Takeover Bids (Besluit openbare biedingen Wft) (the “Decree”) in connection with the recommended public offer by the Offeror for all the issued and outstanding ordinary shares (the “Shares” and each a “Share”) in the capital of DPA Group N.V. (the “Offer”). The Offeror is (indirectly) controlled by Gilde Equity Management (GEM) Benelux Partners B.V. (“Gilde”), TBL Investments B.V. (“TBL”) and a foundation incorporated for the purpose of the envisaged (indirect) participation of certain DPA management members in the Offeror (the “STAK”).1 This announcement does not constitute an offer, or any solicitation of any offer, to buy or subscribe...

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Basilea awarded additional USD 4.3 million by BARDA to support phase 3 development of ceftobiprole

BARDA further supports phase 3 program aiming at regulatory approval in the U.S.ERADICATE study on track for topline results in first half of 2022Ad hoc announcement pursuant to Art. 53 LR Basel, Switzerland, August 16, 2021 Basilea Pharmaceutica Ltd. (SIX: BSLN) announced today that it has been awarded an additional USD 4.3 million of non-dilutive funding by the Biomedical Advanced Research and Development Agency (BARDA), part of the Office of the Assistant Secretary for Preparedness and Response at the U.S. Department of Health and Human Services, in the context of the existing contract to support the phase 3 program of Basilea’s antibiotic ceftobiprole. The total contract value thus increases up to USD 134.2 million. Dr. Marc Engelhardt, Chief Medical Officer, said: “We are very pleased that BARDA continues to fund the development...

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