Day: August 30, 2022

Commercial Refrigeration Equipment Market to Worth $68.81 Billion by 2028 | Fortune Business Insights

Written by Customer Service on August 30, 2022. Posted in Mergers And Acquisitions.

According to Fortune Business Insights, the global Commercial Refrigeration Equipment Market Size is projected to reach USD 68.81 billion in 2028, at CAGR of 5.2% during forecast period 2021-2028, Growing Demand from Food & Beverage Sector to Stimulate Growth Pune, India, Aug. 30, 2022 (GLOBE NEWSWIRE) — The global commercial refrigeration equipment market size reached USD 46.13 billion in 2020. The market valuation is slated to rise from USD 48.18 billion in 2021 to USD 68.81 billion in 2028 at a CAGR of 5.2% in the 2021-2028 period. This information is provided by Fortune Business Insights, in its report, titled, “Commercial Refrigeration Equipment Market, 2021-2028.” According to our expert analysts, commercial refrigeration equipment is gaining popularity due to the rising demand for food and beverage refrigeration, and...

Newtek Business Services Corp. Declares Third Quarter 2022 Dividend of $0.65 per Share

Written by Customer Service on August 30, 2022. Posted in Dividend Reports And Estimates.

BOCA RATON, Fla., Aug. 30, 2022 (GLOBE NEWSWIRE) — Newtek Business Services Corp., (NASDAQ: NEWT), an internally managed business development company (“BDC”), today announced that its Board of Directors declared a third quarter 2022 cash dividend of $0.65 per share.1 The third quarter 2022 dividend is payable on September 30, 2022 to shareholders of record as of September 20, 2022. 1Note regarding Dividend Payments: The Company’s Board of Directors expects to maintain a dividend policy with the objective of making quarterly distributions in an amount that approximates 90 – 100% of the Company’s annual taxable income. The determination of the tax attributes of the Company’s distributions is made annually as of the end of the Company’s fiscal year based upon its taxable income for the full year and distributions...

Gulf Resources Updates Investors on Revenue and Earnings Projections from Bromine and Crude Salt Segments for the 3rd quarter and the full year of 2022

Written by Customer Service on August 30, 2022. Posted in Dividend Reports And Estimates.

SHOUGUANG, China, Aug. 30, 2022 (GLOBE NEWSWIRE) — Gulf Resources, Inc. (NASDAQ:GURE) (“Gulf Resources” or the “Company”), a leading manufacturer of bromine, crude salt and specialty chemical products in China today is updating investors as to its estimates for revenues and profits for the 3rd quarter and the full year of 2022 for its Bromine and Crude Salt Segments only based on Non-Generally Accepted Accounting Principle (Non-GAAP). The Company is also providing a preliminary overview of 2023 for these two segments. Before reviewing the projections, the Company advises investors that these estimates were based on its assumptions at this time, also do not include unexpected nonrecurring and non-operational factors, any impairments and write-offs which our auditors may recommend. Market conditions impacting...

Global Ship Lease Announces Forward Charter Agreements

Written by Customer Service on August 30, 2022. Posted in Public Companies.

New multi-year forward charters to Hapag-Lloyd for six ECO 6,900 TEU ships expected to generate aggregate $393 million EBITDA LONDON, Aug. 30, 2022 (GLOBE NEWSWIRE) — Global Ship Lease, Inc. (NYSE: GSL) (the “Company”) today announced that it has entered into new multi-year charters with Hapag-Lloyd for six ECO 6,900 TEU ships. The new charters are each for a firm period of five years, followed by two 12 month periods at the option of the charterer, and are scheduled to commence between late 2023 and late 2024, following the expiration of existing charters to a different counterparty. The charters are expected to generate average Adjusted EBITDA of approximately $13.1 million per ship, per year; and total Adjusted EBITDA of around $393 million for the six ships over the firm charter period. George Youroukos, Executive Chairman...

On the updated schedule for the completion of the construction of wind parks developed by UAB “Atsinaujinančios Energetikos Investicijos”

Written by Customer Service on August 30, 2022. Posted in Public Companies.

On 11 August 2022, the closed-end investment company UAB “Atsinaujinančios Energetikos Investicijos” B (hereinafter referred to as the Company) received from the wind turbine manufacturer and contractor General Electric Renewables GmbH an indicative updated schedule for the completion of the construction of the wind parks being developed by Žaliosios Investicijos UAB, in which 25% of the shares are held by the Company. The schedule has been adjusted taking into account the Initial Results of Root Cause Analysis Report (hereinafter referred to as the Initial Findings) following an investigation into an incident on 11 March 2022, in which one of the wind turbines fell during testing and was damaged. General Electric Renewables GmbH, in light of the Initial Findings, has decided to carry out additional works on all the wind parks...

Irwin Naturals Files Q2 2022 Financials

Written by Customer Service on August 30, 2022. Posted in Earnings Releases And Operating Results.

Rapid Execution on Cannabis Licensing and Ketamine ClinicRollup Strategy to Accelerate Future Growth LOS ANGELES, Aug. 30, 2022 (GLOBE NEWSWIRE) — Irwin Naturals Inc. (CSE: IWIN) (OTC: IWINF) (FRA: 97X) (“Irwin” or the “Company”) announced the Company filed results for its second quarter of fiscal 2022, the period ended June 30, 2022 on www.sedar.com. Philippe Faraut, CFO, stated, “While supply chain issues, reduced inventory at our customers and product transitions resulted in an 18% decrease in revenues, we maintained profitability. Additionally, as we continue to execute on our cannabis licensing and ketamine clinic rollup strategy, we will be adding new revenue streams to our results in the quarters to come. Following a bump in sales once the nation emerged from the most severe Covid related restrictions, we believe that our...

Global Enterprise WLAN Market to Worth $23.9 Billion By 2028 | 71% for All Enterprise to have WLAN by 2028

Written by Customer Service on August 30, 2022. Posted in Mergers And Acquisitions.

Global enterprise WLAN market was valued at USD 6.4 billion in 2021, and the market size is estimated to reach USD 23.9 billion by 2028, at a CAGR of 24.7% over the forecast period (2022–2028). Westford, USA, Aug. 30, 2022 (GLOBE NEWSWIRE) — With each passing year, enterprise WLAN market witnessing a significant growth in revenue. That’s not just because of the proliferation of mobile devices and BYOD programs, but also the increasing demand for seamless connectivity between employees and their company’s various applications and data repositories. Fortunately, there are plenty of vendors that are ready to meet the needs of all types of enterprise clients with their wide range of Wi-Fi solutions. Another reason for the popularity of enterprise WLAN market is its ability to provide security and privacy for employees....

Medigus: Gix Internet Reports Revenues Increase of 166% Year-over-Year to Approximately $43.4 Million in the First Half of 2022

Written by Customer Service on August 30, 2022. Posted in Earnings Releases And Operating Results.

Medigus’ financials results for the first half of 2022 will include, for the first time, the consolidation of Gix Internet‘s financials Tel Aviv, Israel, Aug. 30, 2022 (GLOBE NEWSWIRE) — Medigus Ltd. (Nasdaq: MDGS), a technology company engaged in advanced medical solutions, innovative internet technologies and electric vehicle and charging solutions, announced today that its affiliate Gix Internet, (“Gix”) in which Medigus holds 42.69% of its outstanding shares (49.11% on a fully diluted basis) (TASE: GIX), a global marketing technology (MarTech) solutions company for online performance-based-marketing, reported its financial results for the first six month ended June 30, 2022. Gix’s reported revenues for the first half of 2022 amounted to approx. $43.4 million (NIS 141.8 million), an increase of 166% compared to the...

Olink to participate in September investor conferences

Written by Customer Service on August 30, 2022. Posted in Public Companies.

UPPSALA, Sweden, Aug. 30, 2022 (GLOBE NEWSWIRE) — Olink Holding AB (publ) (“Olink”) (Nasdaq: OLK), today announced that Company management will participate in the following investor conferences:Goldman Sachs Medtech and Healthcare Services ConferenceWednesday, September 7th at 6:30 am ETMorgan Stanley Healthcare ConferenceMonday, September 12th at 11:40 am ETNordea Life Science Tools DayWednesday, September 21st at 9:30 am ETA live and archived webcast of the events will be available on the “Events” section of the Company’s website at https://investors.olink.com/news-events/events. About OlinkOlink Holding AB (publ) (Nasdaq: OLK) is a company dedicated to accelerating proteomics together with the scientific community, across multiple disease areas to enable new discoveries and improve the lives of patients. Olink provides...

A-Mark Precious Metals Direct-to-Consumer Subsidiary JM Bullion to Acquire Assets of BGASC

Written by Customer Service on August 30, 2022. Posted in Mergers And Acquisitions.

Established Online Precious Metals Dealer EL SEGUNDO, Calif., Aug. 30, 2022 (GLOBE NEWSWIRE) — A-Mark Precious Metals, Inc. (NASDAQ: AMRK) (A-Mark), a leading fully integrated precious metals platform, today announced that its wholly-owned subsidiary, JM Bullion, Inc. (“JMB”), has entered into a definitive agreement to acquire certain assets of BGASC, LLC (“BGASC”), one of the largest coin and bullion e-commerce dealers in the United States, for $4.5 million in cash. BGASC was founded in 2012 and has more than 70,000 customers, with reported revenues for calendar year 2021 in excess of $200 million. Based in California, BGASC delivers gold and silver coins and bullion directly to consumers through its online platform. The assets to be acquired include BGASC’s website, domain name, trademarks, logos, customer list, and all intellectual...

Day: August 30, 2022

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