Day: December 20, 2021
According to management accounts for October and November along with a new forecast for December which is now available, it is estimated that EBITDA from the operations in fourth quarter 2021 will be considerably higher than results for the same quarter last year.
It is estimated that EBITDA for the fourth quarter will be in the range of EUR 26.7 to 29.7 million compared to EUR 14.9 million for the same quarter last year. This translates into EBIT in the range of EUR 12.7 to 15.7 million, given expected depreciation in the fourth quarter, compared to EBIT of EUR 3.2 million for the same period last year.
Main drivers for better results are good performance in the container liner system with increased volume and improved margins. Furthermore, the international forwarding operation has continued to perform well in Q4. A special Holiday...
Carpenter Technology Announces Press Outage at Reading Facility and Provides Updated Second Quarter Fiscal Year 2022 Outlook
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PHILADELPHIA, Dec. 20, 2021 (GLOBE NEWSWIRE) — Carpenter Technology Corporation (NYSE: CRS) (the “Company”) today announced an unplanned outage of its 4500 ton press at its Reading, PA facility due to a mechanical failure. The press is a piece of highly specialized equipment that is critical to producing materials for Aerospace and select other end-market applications. With the majority of the necessary spare parts already on-hand, the repairs are currently expected to take 45 to 60 days to complete. In addition, certain planned maintenance activities for the balance of the year have been pulled forward to be performed during this outage. These activities are expected to eliminate 14 days of planned maintenance downtime for the press for the balance of the current fiscal year.
“The press outage has created some near-term challenges...
SalMar – 2021 share-based incentive scheme for senior executives and key personnel
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In accordance with the authorization granted by the AGM on 8 June 2021, the board of directors of SalMar ASA has decided to establish a share-based incentive scheme (Restricted Share Unit Plan) for senior executives and key personnel employed by the company and its subsidiaries. The scheme encompasses up to 250 000 shares and has a duration of three years. The company’s liability with respect to the scheme will be met through holdings of treasury shares.
The purpose of the share-based incentive scheme (RSUP) is to encourage employees to maintain a deep, long-term engagement in the company, through a further alignment of the employees’ interests with those of other shareholders. Under the RSUP, participating individuals will be awarded shares to motivate them to contribute to the continued success and profitability of the company,...
Auction of Treasury Bills cancelled
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The Government Debt Management has decided to cancel the auction of Treasury Bills planned for 22 December 2021.
Vietnam-based CT Farm to go public in the United States. Plans to acquire farmland and set up production facilities in the U.S.
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New York, Dec. 20, 2021 (GLOBE NEWSWIRE) — PHI Group, Inc. (www.phiglobal.com, PHIL), a company currently focused on PHILUX Global Funds and developing the Asia Diamond Exchange (“ADE”) in Vietnam, is pleased to announce that the Company has signed a consulting agreement with Vietnam-based Cat Tuong Agricultural Processing Production Co. Ltd. (http://cattuongagrico.com/en) (“CT Farm”) to assist this enterprise to become a publicly traded company and establish production facilities in the United States of America.
According to the agreement, PHI Group, Inc. will be responsible for assisting CT Farm to list on the U.S. Nasdaq Stock Market (www.nasdaq.com), acquire farmland to set up production facilities in the Southeast region of the U.S. (https://www.pinterest.com/pin/425308758551550637/) and secure up to one billion U.S. dollars’...
DSS’s American Pacific Bancorp Approaches $20M in New Loans Issued
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ROCHESTER, N.Y., Dec. 20, 2021 (GLOBE NEWSWIRE) — DSS, Inc. (“DSS” or the “Company”) (NYSE American: DSS), a multinational company with nine operating business lines in diverse, high-growth industries, is pleased to announce its American Pacific Bancorp, Inc. (“APB”) subsidiary has issued nearly $20 million in new loans since September 2021.
“APB has assembled a strong and diversified loan portfolio including commercial licensed medical real estate financing, governmental bond anticipation note financing, C&I inventory and equipment financing, and land development loans,” stated Frank D. Heuszel, CEO of DSS. “Our third quarter investment in APB has been very successful and has allowed us to continue our reoccurring scalable business income model. We now have nearly half of the fresh funds we injected generating interest and...
CORRECTING AND REPLACING – LAVA Therapeutics to Present Corporate Overview at 40th Annual J.P. Morgan Healthcare Conference
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UTRECHT, The Netherlands and PHILADELPHIA, Dec. 20, 2021 (GLOBE NEWSWIRE) — In a release issued earlier today by LAVA Therapeutics N.V. (Nasdaq: LVTX), please note the date in the first paragraph should be Wednesday, Jan. 12, 2022 at 1:30 p.m. EST instead of Wednesday, Jan. 12, 2021 at 1:30 p.m. EST. Completed corrected text follows.
LAVA Therapeutics N.V. (Nasdaq: LVTX), a clinical-stage biotechnology company focused on developing its proprietary Gammabody™ platform of bispecific gamma delta T cell engagers (bsTCEs) to transform the treatment of cancer, today announced that Stephen Hurly, chief executive officer, will present a corporate overview at the 40th Annual J.P. Morgan Healthcare Conference on Wednesday, Jan. 12, 2022 at 1:30 p.m. EST.
“We are excited to round out a transformative 2021 and eager to kick-off what promises...
Siemens Caring Hands e.V. donates $400K to implement IoT technology at Cummer Lodge in fight against COVID-19 pandemic
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Donation will be used by City of Toronto long-term care home to implement 2,000 Enlighted IoT sensors that will aid in occupancy management, asset tracking and sanitization
Toronto, Ontario, Dec. 20, 2021 (GLOBE NEWSWIRE) — The Siemens Caring Hands e.V. charity is making a long-term contribution to fighting the pandemic and is supporting the City of Toronto with a donation of approximately $400,000 (€295,000) to benefit Cummer Lodge. Long-term care residents have been disproportionately impacted by COVID-19 and despite very high levels of vaccination among residents and visitors (the City of Toronto has a mandatory vaccination policy in place for staff), the safety of all these groups remains a top priority. Cummer Lodge is the first Canadian recipient of the international fund led by Siemens Caring Hands e.V.
The donation will...
Final entry into force of an important court decision in Sweden, increase in the volume of fish farming
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The Swedish Land and Environmental Court of Appeal did not accept an appeal against new fish farming permits in Sweden, Västerbotten region, Kaskeluokt, which gave final effect to the decision of the Swedish County and Environmental Court made at the beginning of the year in favour of AS PRFoods’ Swedish subsidiary Överumans Fisk Ab.
In 2020, Överumans Fisk Ab, a subsidiary of AS PRFoods, was granted a permit to establish additional fish farming in Kaskeluokt, Västerbotten, Sweden. The authorization allowed the use of 2400 tonnes of feed for an estimated up to 2200 tonnes of fish. The permit decision was challenged by a local resident as well as by Överumans Fisk Ab itself in order to obtain additional conditional feed use. According to the decision of the County and Environmental Court, the complaint of the local resident was rejected...
GGTOOR, Inc., (OTCMKTS:GTOR) Announces Management Report for the Week Ended December 18, 2021
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THOMASVILLE, GEORGIA, Dec. 20, 2021 (GLOBE NEWSWIRE) — via NewMediaWire – GGTOOR, Inc., (OTCMKTS:GTOR) (“GGTOOR, Inc.,”, “GTOR”, or the “Company”), an emerging leader in the eSports markets, announces the Company came under its largest Cyber Attack, yesterday, Sunday, December 19, 2021. The Company’s technical staff did a fantastic job defending our servers. In total we stopped 353 attacks, 364 false registrations and the Company banned 25 IP Addresses. The unwelcome news is we had to deal with a major Cyber Attack. The good news is we are becoming a major threat and a recognized force in the eSports sector otherwise they would not come after us.
For the first time in the Company’s History, GGToor has posted a combined tally of over 1,000 total player registrations for 3 weeks in a row, this week crowning new champions in MTG Arena,...