Month: August 2022
Q2 Revenue increased 125% to $5.13 Million from the same year-ago quarter
Q2 Adjusted EBITDA saw year-over-year improvement to a gain of $468,000 from a loss of $314,000 in the same year-ago quarter
Revenue outlook for FY22 reinforced with an increase of 60% to $8.47 Million for the first six months of 2022 compared to the same year-ago period
ME2C enters into license agreement including product supply opportunity with new large Midwest utility partner providing annual license payments for the three-year term
New technology under development for rare earth element (REE) processing using the Company’s sorbent technology continues with consistent results
Coal-fired power generation remains strong across the U.S., along with stronger environmental policies, drives demand for mercury emissions capture technologies across the industry
Company...
New Stifel Survey Finds Inflation and Labor Shortages Pose Greatest Risk to Business
Written by Customer Service on . Posted in Public Companies.
Overwhelming Majority of Respondents Bracing for Recession; Strategic M&A Remains in FocusStifel Survey: Leaders Identify Today’s Biggest Business Challenges & Opportunities
Stifel Financial survey of corporate executives, business owners, and private equity investors identifies today’s biggest challenges and opportunities.Stifel Survey: Leaders Identify Today’s Biggest Business Challenges & Opportunities
A new Stifel survey of corporate executives, business owners, and private equity investors finds labor constraints, inflation and recession pose the greatest risks to business. Rising interest rates are also impacting capital raising ability.ST. LOUIS, Aug. 17, 2022 (GLOBE NEWSWIRE) — A recently completed Stifel Financial Corp. (NYSE: SF) survey of corporate executives, business owners,...
SecureTech Announces DTC Eligibility
Written by Customer Service on . Posted in Public Companies.
ROSEVILLE, Minn., Aug. 17, 2022 (GLOBE NEWSWIRE) — SecureTech Innovations, Inc. (OTC: SCTH), an emerging growth company that develops and markets cutting-edge security and safety devices, products, and technologies such as Top Kontrol and its early-stage cybersecurity and cryptocurrency technology incubator Piranha Blockchain, announces that the Depository Trust Company (“DTC”) has made SecureTech’s common shares eligible for electronic deposit at the DTC. SecureTech believes that being DTC eligible will make trading in its common shares on the OTC Pink Market more accessible to the US investment community.
DTC is a subsidiary of the Depository Trust & Clearing Corporation and manages the electronic clearing and settlement of publicly traded companies. Securities that are eligible to be electronically cleared and settled through...
II-VI Incorporated Closes $100 Million Contract to Supply Tianyu with Silicon Carbide Substrates for Power Electronics
Written by Customer Service on . Posted in Public Companies.
PITTSBURGH, Aug. 17, 2022 (GLOBE NEWSWIRE) — II‐VI Incorporated (Nasdaq: IIVI), a leader in wide-bandgap compound semiconductors, today announced that it closed an over $100 million contract to supply Dongguan Tianyu Semiconductor Technology Co., Ltd., with 150 mm silicon carbide substrates to be delivered beginning this quarter and through the end of calendar year 2023.
The electrification of the transportation infrastructure and industrial equipment is accelerating a market transition to power electronics based on silicon carbide (SiC), a third-generation or wide-bandgap semiconductor. SiC enables power electronics to be smaller and more efficient, with a lower total system-level cost of ownership than state-of-the-art silicon-based devices. Tianyu, one of China’s first and largest SiC epitaxial wafer manufacturers, has signed...
SharpLink Gaming Welcomes New Chief Financial Officer to Executive Leadership Team
Written by Customer Service on . Posted in Public Companies.
MINNEAPOLIS, Aug. 17, 2022 (GLOBE NEWSWIRE) — SharpLink Gaming Ltd. (Nasdaq:SBET) (“SharpLink” or the “Company”), a pioneer of targeted, data-driven user engagement and conversion solutions for the U.S. sports betting and iGaming industries, today announced that Robert DeLucia, CPA has been named as SharpLink’s new Chief Financial Officer (“CFO”), effective August 22, 2022. DeLucia is replacing the Company’s former CFO, Brian Bennett, who is electing to leave the Company to pursue new career opportunities.
Rob Phythian, Co-Founder and Chief Executive Officer of SharpLink, stated, “Bob is a proven CFO with a superior track record of delivering results and creating value for a wide range of public and private companies spanning a range of global industries. We believe he is a high impact executive who brings us a compelling blend...
PSYC Appoints COO for Wholly Owned Subsidiary, Spotlight Media Corp.
Written by Customer Service on . Posted in Public Companies.
LAS VEGAS, NV, Aug. 17, 2022 (GLOBE NEWSWIRE) — PSYC Corporation (OTCPink: PSYC) (“PSYC” or the “Company”), a multimedia leader focused on the emerging psychedelic and cannabis sectors, is proud to announce the appointment of Sacha G. Hebbert as Chief Operating Officer of the Company’s wholly owned subsidiary, Spotlight Media Corporation, (“SMC”) along with the official launch of SMC’s new corporate website, www.spotlightmediacorp.com.
PSYC incorporated and launched SMC earlier this year with the intent of establishing the company into a hub for its media-focused assets like Psychedelic Spotlight, along with its ownership interest in Bonfire (f/k/a “PsycheDev”). By compartmentalizing these assets, the Company believes it will enhance its ability to nurture and grow each of them more effectively. Over the long-term, the Company...
Nykredit Realkredit A/S and Nykredit Bank A/S publish supplement no 1 to joint Euro Medium Term Note Programme
Written by Customer Service on . Posted in Public Companies.
To Nasdaq Copenhagen
Nykredit Realkredit A/S and Nykredit Bank A/S publish supplement no 1 to joint Euro Medium Term Note Programme
Nykredit Realkredit A/S and Nykredit Bank A/S publish supplement dated 17 August 2022 to joint €15,000,000,000 Euro Medium Term Note Programme (“EMTN Programme”) dated 12 May 2022.
Under the EMTN Programme Nykredit Realkredit may issue Subordinated Notes (Tier 2 or Tier 2 Contingent Capital Notes), Senior Non-Preferred Notes and Senior Unsecured Notes. Nykredit Bank may issue Senior Unsecured Notes.
The supplement and the EMTN Programme are available for download on Nykredit’s website at nykredit.com/ir.
Questions may be addressed to Morten Bækmand Nielsen, Head of ALM & Investor Relations, tel +45 44 55 15 21 or Kristian Ingemann Petersen, Attorney-at-Law, tel +45 44 55 16 78....
Nykredit Realkredit A/S and Nykredit Bank A/S publish supplement no 1 to joint Euro Medium Term Note Programme
Written by Customer Service on . Posted in Public Companies.
To Nasdaq Copenhagen
Nykredit Realkredit A/S and Nykredit Bank A/S publish supplement no 1 to joint Euro Medium Term Note Programme
Nykredit Realkredit A/S and Nykredit Bank A/S publish supplement dated 17 August 2022 to joint €15,000,000,000 Euro Medium Term Note Programme (“EMTN Programme”) dated 12 May 2022.
Under the EMTN Programme Nykredit Realkredit may issue Subordinated Notes (Tier 2 or Tier 2 Contingent Capital Notes), Senior Non-Preferred Notes and Senior Unsecured Notes. Nykredit Bank may issue Senior Unsecured Notes.
The supplement and the EMTN Programme are available for download on Nykredit’s website at nykredit.com/ir.
Questions may be addressed to Morten Bækmand Nielsen, Head of ALM & Investor Relations, tel +45 44 55 15 21 or Kristian Ingemann Petersen, Attorney-at-Law, tel +45 44 55 16 78. ...
Nykredit Realkredit A/S publishes supplement no 1 to Base Prospectus dated 12 May 2022
Written by Customer Service on . Posted in Public Companies.
To Nasdaq Copenhagen
Nykredit Realkredit A/S publishes supplement no 1 to Base Prospectus dated 12 May 2022
Nykredit Realkredit A/S publishes supplement no 1 to Base Prospectus dated 12 May 2022 for the issuance of CRD-compliant covered bonds, UCITS-compliant covered bond and bonds issued in pursuance of section 15 of the Danish Mortgage-Credit Loans and Mortgage-Credit Bonds etc. Act.
Nykredit Realkredit A/S’s Base Prospectus dated 12 May 2022 and supplement are available for download in Danish and English. In the event of discrepancies between the original Danish text and the English translation, the Danish text shall prevail. The Base Prospectus and the supplement can be found on Nykredit’s website at nykredit.com/ir.
Questions may be addressed to Morten Bækmand Nielsen, Head of ALM & Investor Relations, tel +45 44...
Progressive Reports July 2022 Results
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
MAYFIELD VILLAGE, OHIO, Aug. 17, 2022 (GLOBE NEWSWIRE) — The Progressive Corporation (NYSE:PGR) today reported the following results for July 2022:
July(millions, except per share amounts and ratios; unaudited)
2022
2021
Change
Net premiums written
$
4,929.4
$
4,551.6
8
%Net premiums earned
$
4,694.0
$
4,313.5
9
%Net income
$
688.8
$
255.4
170
%Per share available to common shareholders
$
1.17
$
0.43
171
%Total pretax net realized gains (losses) on securities
$
310.0
$
122.7
153
%Combined ratio
89.8
96.7
(6.9) pts.Average diluted equivalent common shares
587.2
587.2
0
%
July(thousands; unaudited)
2022
2021
ChangePolicies in Force
Personal Lines
Agency – auto
7,599.7
8,014.2
(5)%Direct – auto
9,633.2
9,614.9
0%Total...
