Month: August 2021

Alstom signs framework agreement worth €910 million to supply up to 150 Coradia Stream regional trains to Trenitalia   6 August 2021 – Alstom has been awarded a framework contract to supply Trenitalia with 150 Coradia Stream regional trains for a total value of around €910 million.  The trains will have a maximum speed of 160 km/h and will be equipped with state-of-the-art onboard equipment that ensures the highest levels of safety and first-rate passenger experience. “This agreement confirms the know-how and experience of Alstom, which provides state-of-the-art trains and railway technologies that are used around the world. This new generation of trains represents the future of Italian regional rail transport. We are proud to give impetus to a passenger-focused vision of green regional transport, in line with national objectives on the...

Amryt Reports Record Q2 2021 Results and Raises FY 2021 Guidance Acquisition of Chiasma completed Amryt now has three approved commercial products and a robust clinical pipeline 35.9% YoY revenue growth in Q2 to $62.8M 6th consecutive quarter of positive EBITDA generation Cash increased to $142.9M at June 30 from $118.6M at March 31 Oleogel-S10 NDA accepted by the FDA, Priority Review granted; target PDUFA date set for November 30, 2021 Raising FY 2021 revenue guidance to $210M – $215M, representing 15-18% YoY growth Conference call and webcast today at 0830 EDT / 1330 BST DUBLIN, Ireland, and Boston MA, August 6, 2021, Amryt (Nasdaq: AMYT, AIM: AMYT), a global, commercial-stage biopharmaceutical company dedicated to acquiring, developing and commercializing novel treatments for rare diseases, today provides a business update and...

TORONTO, Aug. 06, 2021 (GLOBE NEWSWIRE) — Fortress Technologies Inc. (TSX-V: FORT) (the “Company” or “Fortress”) provides an update on operations and business development in its strategic venture with Great American Mining LLC (“GAM” or “Great American Mining”). GAM specializes in developing and operating environmentally sustainable Bitcoin mining containers which convert vented/flared natural gas into electricity, which reduces greenhouse gas emissions. On April 6, 2021, Fortress announced the launch of a new Environmental, Social, and Governance (“ESG”) conscious Bitcoin mining venture with GAM. The first container with 180 MicroBT M32S ASIC miners operated by GAM has been successfully hashing at 11.7 PH/s using flared gas at the well pad in Oklahoma. Fortress recently acquired an additional 540 Micro BT M31SE ASIC...

– Total Home Sales Increase 152% Year-Over-Year – – Closes Out the Quarter with Largest Backlog in Company History of 1,197 Homes – – Raises 2021 Outlook, Now Expecting to Report $960 to $1.02 Billion in Revenue for the Year – NEWPORT BEACH, Calif., Aug. 06, 2021 (GLOBE NEWSWIRE) — Landsea Homes Corporation (Nasdaq: LSEA) (“Landsea Homes” or the “Company”), a publicly traded homebuilder, reported financial results for the second quarter ended June 30, 2021. Second Quarter 2021 Highlights vs. Same Year-Ago QuarterTotal revenue increased 163% to $250.3 million compared to $95.1 million. Excluding revenue generated from Vintage Estate Homes (VEH), which was acquired on May 4, 2021, total revenue increased organically by 125%. Total home sales revenue increased 152% to $239.6 million compared to...

Continued strong bike demand propels Dorel Sports to its ninth consecutive quarter of revenue growth Dorel Juvenile maintains improvement trend with revenue and adjusted operating profit gains Dorel Home impacted by substantial freight costs and COVID-related supplier closuresMONTRÉAL, Aug. 06, 2021 (GLOBE NEWSWIRE) — Dorel Industries Inc. (TSX: DII.B, DII.A) today announced results for the second quarter and six months ended June 30, 2021. Second quarter revenue was US$765.0 million, compared to US$724.0 million, up 5.7% from the same period a year ago. Reported net income was US$22.2 million or US$0.67 per diluted share, compared to US$11.1 million or US$0.34 per diluted share last year.  Adjusted net income1 was US$23.0 million or US$0.70 per diluted share, compared to US$15.6 million or US$0.48 per diluted share last year. Revenue...

SAN CLEMENTE, CA, Aug. 06, 2021 (GLOBE NEWSWIRE) — via NewMediaWire – Nunzi Pharmaceutical Corporation (OTC:NUNZ) entered into a License Agreement with Michael Mitsunaga as stated in the 8K filing of 08/05/2021. Under the terms of the Agreement, Nunzia has the exclusive license to use the following items of intellectual property: IV BLOOD WARMING SYSTEM that is adaptable to handle many of the procedures that are performed in the medical field for the prevention of hypothermia. Medical research has shown that there is a large and growing need for a small, portable fluid warmer to combat the occurrence of hypothermia in the medical and paramedical fields. Recognizing this critical need. The IV Fluid Warmer is a portable, reusable 110V, AC-powered IV warmer product that will preheat intravenous solutions at the point of infusion....

TORONTO, Aug. 06, 2021 (GLOBE NEWSWIRE) — Timbercreek Financial (TSX: TF) (the “Company”) announced today its financial results for the three months and six months ended June 30, 2021 (“Q2 2021”). Q2 2021 HighlightsDelivered distributable income of $16.1 million and adjusted distributable income of $15.4 million or $0.19 per share and paid $14.0 million in dividends to shareholders.Generated $0.20 in distributable income per share and $0.19 in adjusted distributable income per share equating to an 86.8% distributable income payout ratio, and a 90.8% adjusted distributable income payout ratio.Basic and diluted earnings per share was $0.17, and basic and diluted adjusted earnings per share was also $0.17.Funded $96.3 million on new and existing mortgages versus repayments of $84.0 million. This maintained portfolio size of...

BEIJING, Aug. 06, 2021 (GLOBE NEWSWIRE) — Kaixin Auto Holdings (“Kaixin” or the “Company”) (NASDAQ: KXIN) today announced that the Company has decided to establish a new energy vehicle (EV) business unit, which will quickly build up EV R&D, production and marketing teams. The corporate strategic move has been made in the context of the Chinese government’s steady support for accelerated development of EVs and the rapid growth of EV market in China. With Chinese consumers’ ever increasing recognition of EV, new energy vehicles are expected to become the mainstream consumer model in the auto industry. The Company has been engaged in negotiations of mergers and acquisitions with a number of EV manufacturers, and the Company will announce the progress of major business transactions, if any, in a timely manner. As a NASDAQ listed...

MÜV Bradenton – 75th West, located at the high-traffic intersection of Cortez Road and 75th Street West in Bradenton, is Verano’s 35th MÜV location in Florida, and 83rd operating dispensary1 overall. Verano plans to open five or more additional Florida dispensaries during the remainder of 2021, including new locations in Tampa, Orange City, Pinellas Park and Hollywood. MÜV Bradenton – 75th West is positioned an hour southwest of Tampa on Florida’s Gulf Shore in Bradenton, Manatee County, a popular local tourism destination which sees over three million visitors annually. The intersection where MÜV Bradenton – 75th West sits sees annual average daily traffic of over 20,000 cars, according to the Florida Department of Transportation.CHICAGO, Aug. 06, 2021 (GLOBE NEWSWIRE) — Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF) (“Verano”...

Drives back-end migration progress; Reveals Plans to Launch DraftKings Marketplace BOSTON, Aug. 06, 2021 (GLOBE NEWSWIRE) — DraftKings Inc. (Nasdaq: DKNG) (“DraftKings” or the “Company”) today reported second quarter 2021 financial results. Second Quarter 2021 Highlights For the three months ended June 30, 2021, DraftKings reported revenue of $298 million, an increase of 320% compared to $71 million during the same period in 2020. After giving pro forma effect to the business combination with SBTech (Global) Limited (“SBTech”) and Diamond Eagle Acquisition Corp. which was completed on April 23, 2020, as if it had occurred on January 1, 2019, revenue grew 297% compared to the three months ended June 30, 2020. “DraftKings had a particularly strong second quarter of 2021, maintaining our impressive financial performance while also...