Month: July 2022

Hepsor 3TORNI OÜ, a subsidiary of Hepsor AS, signed 13.9 million euro loan agreement with LHV Pank AS on 15 July 2022. The purpose of the three-year loan is to finance the construction of Ojakalda development project. The construction of the three-tour building with 110 spacious apartments on the border of Tallinn and Harku begins in September 2022 and the construction is expected to be completed in spring of 2024. According to Henri Laks, member of the Management Board of Hepsor AS, the creation of an environmentally friendly and sustainable living environment is central to the development of Ojakalda apartment buildings. The design has been based on preserving the biodiversity of the surrounding natural environment. According to Laks, Hepsor’s concept of green thinking is also supported by good transport connections to the city...

Aktia Bank PlcInsider information15 July 2022 at 2.30 p.m. Profit warning: Aktia lowers its outlook for 2022 The decline in the equity market and increasing interest rates have made the market environment particularly challenging during the first half of the year. Despite the positive net subscriptions, the assets under management (AuM) have reduced during the second quarter due to the negative value changes. The market value of the life insurance company’s investment portfolio has also declined. As the market outlook for the rest of the year remains uncertain, Aktia has decided to lower its outlook for 2022. New outlook for 2022 Aktia’s comparable operating profit in 2022 is expected to be approximately at the same level as in 2021. The key uncertainties related to the realisation of the outlook include the development of...

STAMFORD, Conn., July 15, 2022 (GLOBE NEWSWIRE) — SpringWorks Therapeutics, Inc. (Nasdaq: SWTX), a clinical-stage biopharmaceutical company focused on developing life-changing medicines for patients with severe rare diseases and cancer, today announced the appointment of Carlos Albán to the Company’s Board of Directors. Mr. Albán, who served as Vice Chairman and Chief Commercial Officer at AbbVie, Inc. (“AbbVie”) until his retirement last year, brings over 30 years of experience in global commercial strategy and operations. “Carlos’ success in building and leading global commercial organizations will be valuable as SpringWorks continues its planned transition into a commercial-stage company in the coming year and we are thrilled to welcome him to our Board,” said Saqib Islam, Chief Executive Officer of SpringWorks. “SpringWorks...

Second Quarter Earnings Scheduled for Tuesday, August 2, 2022 CAMP HILL, Pa., July 15, 2022 (GLOBE NEWSWIRE) — Harsco Corporation (NYSE: HSC) today provided an update on its expected financial results for the second quarter and outlook for the full-year 2022. Second Quarter Results and Improvement Plan For the second quarter, the Company currently expects a U.S. GAAP operating loss from continuing operations of between $95 million and $97 million including a non-cash goodwill impairment charge estimated at approximately $100 million and Adjusted EBITDA within a range of $47.5 million to $50.0 million. Operational execution in Harsco Environmental (HE) was positive in the quarter and the business experienced sequential earnings growth; however, HE second quarter results are expected to be at the lower-end of prior implied guidance...

CHENNAI, India, July 15, 2022 (GLOBE NEWSWIRE) — Sify Technologies Limited (NASDAQ: SIFY), India’s leading Digital ICT solutions provider with global service capabilities spanning Data Center, Cloud, Networks, Security and Digital services, today announced that it will report its unaudited IFRS financial results for the First quarter ended June 30, 2022 on Friday, on July 22, 2022 before the market opens.  In conjunction with the announcement, Sify will host a conference call at 8:30 AM ET with Mr. Raju Vegesna, Chairman of the Board, Mr. Kamal Nath, Chief Executive Officer and Mr. M P Vijay Kumar, Chief Financial Officer. Interested parties may participate by dialling +1-888-506-0062 (Toll Free in the U.S. or Canada) or +1-973-528-0011 (International), which will also be simultaneously broadcast live over the Internet at www.sifytechnologies.com/investors or https://www.webcaster4.com/Webcast/Page/2184/46130. Please...

Allentown, PA, July 15, 2022 (GLOBE NEWSWIRE) — CrossAmerica Partners to Announce Second Quarter 2022 Earnings Results on August 8 ALLENTOWN, PA, July 15, 2022 – CrossAmerica Partners LP (NYSE: CAPL) today announced that it will release its second quarter 2022 results after the market closes on Monday, August 8, 2022. In conjunction with the news release, management will host a conference call on Tuesday, August 9, at 9:00 a.m. Eastern Time. The conference call numbers are 866-374-5140 or 404-400-0571 and the passcode for both is 77652712#. A live audio webcast of the conference call and the related earnings materials, including reconciliations of any non-GAAP financial measures to GAAP financial measures and any other applicable disclosures, will be available on that same day on the investor section of the CrossAmerica website...

NOTICE ON MATERIAL CHANGES CONCERNING CONCLUDED MATERIAL AGREEMENT15 July 2022UAB “Orkela”, legal entity code 304099538, registered address at Jogailos str. 4, Vilnius, the Republic of Lithuania (the Issuer). The Issuer would like to inform you that the lease agreement concluded with Royal Russel School Vilnius UAB (legal entity code 305626096, registered address at Šaltinių str. 12, Vilnius, the Republic of Lithuania) on 27 June 2022 in respect the building complex developed at Vasario 16 str. 1, Vilnius, the Republic of Lithuania (the Agreement), has not entered into force and therefore shall be considered as expired. The expiry of the Agreement will not affect the Issuer’s objectives and business continuity.On behalf of the Issuer: Anastasija PocienėGeneral Manager anastasija.pociene@lordslb.lt

HANGZHOU, China, July 15, 2022 (GLOBE NEWSWIRE) — UTStarcom (“UT” or the “Company”) (NASDAQ: UTSI), a global telecommunications infrastructure provider, today announced the Company received a formal notice from NASDAQ that it has regained compliance with Listing Rule 5450(a)(1) as a result of the closing bid price of the Company’s common stock has been at $1.00 per share or greater for the last 10 consecutive business days. About UTStarcom Holdings Corp. UTStarcom is committed to helping network operators offer their customers the most innovative, reliable and cost-effective communication services. UTStarcom offers high performance advanced equipment optimized for the most rapidly growing network functions, such as mobile backhaul, metro aggregation and broadband access. UTStarcom has operations and customers around the world,...