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Day: February 17, 2022

Mullen Automotive Issues Letter to Shareholders

Company on track to meet 2022 operational goals and milestones. Mullen anticipates delivery of the first EV cargo van fleet vehicles in Q2 2022. The Company is unaware of any business reason for the current decline of the Mullen stock (MULN) price.Mullen Provides Update to Shareholders Mullen summarizes and highlights recent accomplishments. Company on track to achieve 2022 goals.BREA, Calif., Feb. 17, 2022 (GLOBE NEWSWIRE) — via InvestorWire — Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, announces recent highlights and accomplishments for the Company, Mullen FIVE and EV Van Crossover Programs. “Mullen has made solid progress since going public on Nov. 5, 2021. Below are the summarized highlights and accomplishments,” stated David Michery, CEO...

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Escalade Reports Fourth Quarter 2021 Results

HighlightsRevenue of $73.4 million vs. $74.8 million in Q4 2020 and $47.0 million in Q4 2019 Gross margin declined 170 basis points to 22.2% vs. 23.9% in Q4 2020 Operating income of $6.4 million vs. $6.9 million in Q4 2020 and $3.5 million in Q4 2019 Quarterly Diluted EPS of $0.36 per share vs. $0.36 in Q4 2020 and $0.18 in Q4 2019 Full year Diluted EPS of $1.76 per share vs. $1.82 in 2020 and $0.50 in 2019EVANSVILLE, Ind., Feb. 17, 2022 (GLOBE NEWSWIRE) — Escalade, Incorporated (NASDAQ: ESCA) – today announced its fourth quarter results for 2021, ended December 25, 2021. The Company posted quarterly revenue of $73.4 million, a decrease of 1.8% over prior year. Quarterly diluted earnings per share were $0.36, which is flat vs. Q4 2020, and an increase of 100% vs. Q4 2019. Three Year Quarterly Comparison  Three Months EndedAll...

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Mullen Automotive Issues Letter to Shareholders

Company on track to meet 2022 operational goals and milestones. Mullen anticipates delivery of the first EV cargo van fleet vehicles in Q2 2022. The Company is unaware of any business reason for the current decline of the Mullen stock (MULN) price.Mullen Provides Update to Shareholders Mullen summarizes and highlights recent accomplishments. Company on track to achieve 2022 goals.BREA, Calif., Feb. 17, 2022 (GLOBE NEWSWIRE) — via InvestorWire — Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, announces recent highlights and accomplishments for the Company, Mullen FIVE and EV Van Crossover Programs. “Mullen has made solid progress since going public on Nov. 5, 2021.  Below are the summarized highlights and accomplishments,” stated David Michery, CEO...

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Triumph Gold Intersects 46.28 metres of 0.54 g/t Au and 0.53 g/t Ag including 4.50 metres of 2.00 g/t Au and 1.57 g/t Ag in the Oxide Zone at Nucleus, Freegold Mountain Project, Yukon

VANCOUVER, British Columbia, Feb. 17, 2022 (GLOBE NEWSWIRE) — Triumph Gold Corp. (TSX-V: TIG | OTCMKTS: TIGCF | Frankfurt: 8N61) (“Triumph Gold” or “the Company”) is pleased to announce results from 755.90 metres of diamond drilling in 2 holes from the Nucleus Deposit at the Freegold Mountain Project (Figure 1). Highlights include 4.50 metres of 2.00 g/t Au and 1.57 g/t Ag within 46.28 metres (“m”) of 0.54 g/t Au and 0.53 g/t Ag in N21-02 within the oxide zone returning 83% gold recovery through cyanide solubility analysis (AuCN/AuFA). The Nucleus Deposit is made up of zones of Au-Ag-Cu epithermal and Au-Cu-Ag skarn mineralization. Four holes were drilled testing the “four corners” of the Au $1500 pit shell from the 2020 Mineral Resource Estimate (PR-20-02). The purpose of the four holes was to test mineralization continuity, confirm...

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Reusable Water Bottle Market Size (2022-2029) | Industry Share, Revenue and Forecast Report by Fortune Business Insights™

Companies covered in the reusable water bottle market are CamelBak Products LLC, Aquasana Inc., Klean Kanteen, Inc., Sigg Switzerland AG, Thermo Fisher Scientific Inc. and more players profiled. Pune, India, Feb. 17, 2022 (GLOBE NEWSWIRE) — The global reusable water bottle market size is expected to expand at surging rate owing to escalating levels of plastic pollution around the globe, According to the UN Environment Program (UNEP), humans produce 300 million tons of plastic waste every year, with more than half of it ending up in landfills or the natural environment. Single-use plastic bottles contribute to plastic pollution in large numbers. The Guardian reported in 2017 that a million plastic bottles are purchased around the world every minute, which is expected to jump by 20% in 2021, posing a grave challenge to the environment...

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Tower Semiconductor Reports 2021 Fourth Quarter and Full Year Financial Results

MIGDAL HAEMEK, Israel, Feb. 17, 2022 (GLOBE NEWSWIRE) — Tower Semiconductor (NASDAQ: TSEM & TASE: TSEM) reports today its results for the fourth quarter and for the year ended December 31, 2021. Fourth Quarter of 2021 Results Overview Revenue for the fourth quarter of 2021 was $412 million, as compared to $345 million and $387 million in the fourth quarter of 2020 and in the third quarter of 2021, respectively, reflecting 19% and 7% of revenue growth, respectively. Organic revenue for the fourth quarter of 2021, defined as total revenue excluding revenues from Nuvoton in the Japanese fabs and from Maxim in the San Antonio fab, grew by 28% year over year. Gross profit for the fourth quarter of 2021 was $100 million, 44% higher than $70 million recorded in the fourth quarter of 2020 and 17% higher than $85 million recorded...

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AI Forum is acquired by blockchain AI firm, Euler Digital

LONDON, Feb. 17, 2022 (GLOBE NEWSWIRE) — Euler Digital has acquired one hundred per cent of the equity of leading independent AI research platform, AI Forum. The deal sees research and blockchain come together in a landmark deal for the AI technology sector. AI Forum is a fast growth, independent AI research company. AI Forum publishes mission critical research for C suite executives and senior staff in verticals including healthcare, finance and manufacturing. The demand for cutting edge AI research is accelerating as firms, big and small, enter the fourth industrial revolution adapting to what the World Economic Forum describes as “a technological revolution that will fundamentally alter the way we live, work, and relate to one another”. Euler Digital is decentralizing Artificial Intelligence, using blockchain technology to deliver...

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IGE+XAO: Merger of IGE+XAO into Schneider Electric

Financial Information                                                  Merger of IGE+XAO into Schneider Electric Colomiers and Rueil-Malmaison (France), February 17th, 2022 The boards of directors of Schneider Electric SE (Compartment A, ISIN code FR0000121972) (“Schneider Electric”) and of I.G.E.+X.A.O. SA (Compartment B, ISIN code FR0000030827) (“IGE+XAO”), its subsidiary in which it indirectly owns 83.93% of the capital, held board meetings on 16 February 2022, and approved the terms of the merger of IGE+XAO into Schneider Electric. This merger is in line with the intention to position IGE+XAO as an operational entity of Schneider Electric’s Energy Management Software Division, while at the same time streamlining the costs related to IGE+XAO’s status as a listed company. This transaction marks the final step in the process, which began...

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Cnova 2021 Full-year Financial results – Long-term strategy on-track: expansion of marketplace & digital marketing and acceleration of B2B

2021 Full Year Financial ResultsLong-term strategy on-track: expansion of marketplace & digital marketing and acceleration of B2BA solid business performance after an exceptional 2020 with strong improvement of all metrics over 2 yearsGMV at €4.2bn growing +8% vs. 2019 (stable vs. 2020) Marketplace GMV at €1.5bn growing +22% vs. 2019 (stable vs. 2020), representing 45.2% GMV share, +6.7 pts vs. 2019 (+1.3 pt vs. 2020) Marketplace revenues at €193m growing +29% vs. 2019 (+5% vs. 2020) Continued expansion of Digital Marketing revenues at €69m nearly doubling vs. 2019 (+32% vs. 2020)High growth of loyal and engaged customer base10m active clients, growing +8% vs. 2019 (-3% vs. 2020) thanks to solid 2020 customer retention NPS reaching 52.9, +8.4 pts vs. 2019 (+5.7 pts vs. 2020) with high & improving customer satisfaction 2.5m...

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Unaudited consolidated interim report for Q4 and 12 months of 2021

GROUP CEO’S REVIEW Due to the cyclical nature of real estate development, Q4 of 2021 had a predictably low sales volume and the focus was on preparing new projects. Across 12 months, the current team of Arco Vara has raised the bar of ROE to the next level, but the objective of raising it to 20% still needs more work. Out of the developments being built, all 72 homes of Kodulahe have found their owners and final sales will be formalised in Q2 of 2022. We have managed to stay on schedule in terms of both time and budget, meaning that expectations are also high for the next stage of Kodulahe – Rannakalda. Pre-sales of Kodulahe Rannakalda have commenced at the time of publishing this report – over 1,000 people are listed as interested. Commencement of construction works at Rannakalda was somewhat delayed, since it was difficult to find...

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