Day: August 31, 2022

RedBird Capital Partners Completes Acquisition of AC Milan

Written by Customer Service on August 31, 2022. Posted in Mergers And Acquisitions.

Yankee Global Enterprises, owner of the New York Yankees, enters into strategic partnership and acquires minority equity stake NEW YORK and MILAN, Italy, Aug. 31, 2022 (GLOBE NEWSWIRE) — RedBird Capital Partners (“RedBird”) today announced that it has completed the acquisition of Associazione Calcio Milan (“AC Milan”, “Milan” or the “club”) for €1.2 billion. For one hundred and twenty three years AC Milan has been synonymous with championship level football. Since its founding in 1899, AC Milan has won 19 Serie A Championships, 7 Champions Leagues/European Cups, 7 Supercoppa Italianas, 5 Coppa Italias, 5 European Super Cups, 3 Intercontinental Cups, 2 European Cup Winners’ Cups, and 1 FIFA Club World Cup. As the new owner of AC Milan, RedBird will continue to invest in all the key areas that will advance the Club’s sporting...

Vontier Completes Acquisition of Invenco

Written by Customer Service on August 31, 2022. Posted in Mergers And Acquisitions.

Invenco Logo Invenco LogoGilbarco Veeder-Root Logo Gilbarco Veeder-Root LogoRaleigh, N.C., Aug. 31, 2022 (GLOBE NEWSWIRE) — Vontier Corporation (“Vontier”) (NYSE: VNT) announced today that it completed its previously announced acquisition of Invenco, a leading global provider of open platform retailing and payment hardware and software solutions. Invenco will function as part of Gilbarco Veeder-Root (GVR), an operating company within the Mobility Technologies platform, to help expand their software-enabled workflow solutions and subscription business model. As one of the leading suppliers of retailing and payment solutions to the convenience retail industry worldwide, Invenco’s innovative, modern, and highly secure solutions are well positioned to enable retailers to solve for dynamic needs and innovate for different energy...

Safe-T Group Reports Strong First Half 2022 Performance with Revenues of $8.8 Million, up 181% Compared to Prior Year

Written by Customer Service on August 31, 2022. Posted in Earnings Releases And Operating Results.

Sequential Quarterly Net Loss Reduced by 33%, Further Reductions Expected to Accelerate Significantly in Third Quarter Recent Funding Initiatives to Add Over $5 Million on Top of Current Capital Resources to Support Continued Growth HERZLIYA, Israel, Aug. 31, 2022 (GLOBE NEWSWIRE) — Safe-T Group Ltd. (Nasdaq: SFET) (TASE: SFET) (“Safe-T” or the “Company”), a global provider of cyber-security and privacy solutions to consumers and enterprises, today announced record financial results for the six-month period ended June 30, 2022. Key highlights for the six months ended June 30, 2022:Revenues for the six months ended June 30, 2022 reached a record high of $8,798,000, an increase of 181% compared to the six-month period ended June 30, 2021. In the three months ended June 30, 2022, revenues totaled a record of $4,777,000, an increase...

BrewBilt Reports $1M in 2nd QTR Sales With $10M on the Horizon

Written by Customer Service on August 31, 2022. Posted in Earnings Releases And Operating Results.

GRASS VALLEY, CA, Aug. 31, 2022 (GLOBE NEWSWIRE) — via NewMediaWire – Today BrewBilt Manufacturing (the “Company”) (OTCPINK: BBRW) announces approximately $1M in sales for the 2nd-QTR ending 6/30/2022 and pending new customer orders of approximately $10M. On 8/15/2022, the company filed its 10-Q for the period ending 6/30/2022. Assets increased from approximately $2.4M in 2021 to $4M in 2022 for the same period. Sales and gross profits increased substantially from 2021 to 2022 for the same period, while expenses only increased by 15%. Jef Lewis, CEO and Chairman, stated, “It has been a very positive year for BrewBilt, despite the economy and industry changes, and we seem to be liked by our peers and our customer base. With management’s focus on sales and growth, we’ve experienced a high volume of inquiries and orders...

Vera Bradley Announces Second Quarter Fiscal Year 2023 Results

Written by Customer Service on August 31, 2022. Posted in Earnings Releases And Operating Results.

Consolidated second quarter net revenues totaled $130.4 million Second quarter net loss totaled ($29.8) million, or ($0.95) per diluted share; excluding certain items, non-GAAP net income totaled $2.4 million, or $0.08 per diluted share Balance sheet remains solid, with cash and cash equivalents of $38.3 million and no debt FORT WAYNE, Ind., Aug. 31, 2022 (GLOBE NEWSWIRE) — Vera Bradley, Inc. (Nasdaq: VRA) today announced its financial results for the second quarter ended July 30, 2022. In this release, Vera Bradley, Inc. or “the Company” refers to the entire enterprise and includes both the Vera Bradley and Pura Vida brands. Vera Bradley on a stand-alone basis refers to the Vera Bradley brand. Second Quarter Comments Rob Wallstrom, Chief Executive Officer of the Company, commented, “While total Company second quarter revenues...

FangDD Reports First Half 2022 Unaudited Financial Results

Written by Customer Service on August 31, 2022. Posted in Earnings Releases And Operating Results.

SHENZHEN, China, Aug. 31, 2022 (GLOBE NEWSWIRE) — Fangdd Network Group Ltd. (NASDAQ: DUO) (“FangDD” or “the Company”), a leading property technology company in China, today announced its unaudited financial results for the six months ended June 30, 2022. First Half 2022 Financial HighlightsThe Company ceased business cooperation with high credit risk developers, which resulted in a 79.1% decrease in revenue to RMB144.8 million (US$21.6 million) for the six months ended June 30, 2022 from RMB692.5 million for the same period of 2021. Net loss for the six months ended June 30, 2022 decreased by 21.2% to RMB192.1 million (US$28.7 million) from RMB243.9 million for the same period of 2021. Non-GAAP net loss1 for the six months ended June 30, 2022 was 182.9 million (US$27.3 million), compared to non-GAAP net loss of RMB220.9 million...

Gentex Announces Third Quarter 2022 Cash Dividend

Written by Customer Service on August 31, 2022. Posted in Dividend Reports And Estimates.

ZEELAND, Mich., Aug. 31, 2022 (GLOBE NEWSWIRE) — Gentex Corporation (NASDAQ: GNTX), the Zeeland, Michigan-based supplier of digital vision, connected car, dimmable glass, and fire protection technologies, today announced that its Board of Directors recently declared a quarterly cash dividend of $0.12 (12 cents) per share that will be payable October 19, 2022, to shareholders of record of the common stock at the close of business on October 7, 2022. About the CompanyFounded in 1974, Gentex Corporation (The NASDAQ Global Select Market: GNTX) is a supplier of automatic-dimming rearview mirrors and electronics to the automotive industry, dimmable aircraft windows for aviation markets, and fire protection products to the fire protection market. Visit the Company’s websites at www.gentex.com, fulldisplaymirror.com, and gentextech.com. Contact...

Nokia Corporation – Managers’ transactions (Martikainen)

Written by Customer Service on August 31, 2022. Posted in Public Companies.

Nokia CorporationManagers’ transactions31 August 2022 at 15:30 EEST Nokia Corporation – Managers’ transactions (Martikainen) Transaction notification under Article 19 of EU Market Abuse Regulation. ____________________________________________Person subject to the notification requirementName: Martikainen, Piia SusannaPosition: Closely associated person (1):Person Discharging Managerial Responsibilities In IssuerName: Uitto, TommiPosition: Other senior manager Issuer: Nokia CorporationLEI: 549300A0JPRWG1KI7U06Notification type: INITIAL NOTIFICATIONReference number: 19041/7/6____________________________________________ Transaction date: 2022-08-31Venue: Not applicableInstrument type: SHAREISIN: FI0009000681Nature of the transaction: RECEIPT OF A SHARE-BASED INCENTIVE Transaction details(1): Volume: 242 Unit price: N/A Aggregated...

Ascendis Pharma Submits TransCon™ PTH New Drug Application to the U.S. FDA for Adult Patients with Hypoparathyroidism

Written by Customer Service on August 31, 2022. Posted in Public Companies.

• TransCon PTH could, if approved, become the first hormone replacement therapy to address the underlying cause of hypoparathyroidism, an area of major unmet medical need for the estimated 70,000-90,000 adults living with chronic disease in the United States alone. • European MAA on track for Q4 2022 submission COPENHAGEN, Denmark, Aug. 31, 2022 (GLOBE NEWSWIRE) — Ascendis Pharma A/S (Nasdaq: ASND) today announced it has submitted a New Drug Application (NDA) to the U.S. Food & Drug Administration (FDA) for TransCon PTH, an investigational prodrug designed to restore parathyroid hormone (PTH [1-34]) to physiological levels over 24 hours in adult patients with hypoparathyroidism. TransCon PTH has been granted Orphan designation in the United States and European Union. “We believe the best way to treat hypoparathyroidism...

FangDD Announces Board and Management Changes

Written by Customer Service on August 31, 2022. Posted in Public Companies.

SHENZHEN, China, Aug. 31, 2022 (GLOBE NEWSWIRE) — Fangdd Network Group Ltd. (Nasdaq: DUO) (“FangDD” or the “Company”), a leading property technology company in China, today announced a few changes of the Company’s board of directors (the “Board”), Audit Committee and management.The Board has appointed Mr. Senlin Peng as a director of the Company and a member of the Audit Committee, to succeed Mr. Ronald Cao, who has resigned from these positions for personal reasons. Ms. Jiaorong Pan has stepped down as the Company’s Chief Financial Officer and assumed the role of the Chief Operating Officer of the Company, responsible for the corporate governance and execution of business strategies, plans and procedures, among other things. Mr. Shuiying Chen has been appointed as the Company’s financial controller in charge of financial and...

Day: August 31, 2022

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