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Day: December 20, 2022

FuelCell Energy Reports Fourth Quarter of Fiscal 2022 Results

Fourth Quarter Fiscal 2022 Financial Highlights(All comparisons are year-over-year unless otherwise noted)Revenues of $39.2 million compared to $13.9 million Gross loss of $(15.2) million compared to $(8.4) million Loss from operations of $(42.7) million compared to $(22.6) millionFiscal Year 2022 Financial Highlights(All comparisons are year-over-year unless otherwise noted)88% increase in total revenues to $130.5 million compared to $69.6 million Loss from operations of $(143.7) million compared to $(64.9) million Net loss of $(147.2) million compared to $(101.0) million Adjusted EBITDA of $(91.7) million compared to $(40.7) million Backlog of $1.090 billion as of October 31, 2022, compared to $1.288 billion as of October 31, 2021 Unrestricted cash of $458.1 million as of October 31, 2022, compared to $432.2 million as of October...

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Purpose Investments Debuts Yield Shares, the World’s First Yield-Focused Single-Stock ETFs

Yield Shares seek to provide investors with enhanced* monthly distributions from individual stocks of world-class companies TORONTO, Dec. 20, 2022 (GLOBE NEWSWIRE) — Purpose Investments Inc. (“Purpose Investments”), a modern investment firm known for its globally innovative, client-centric products, is excited to announce the launch of Yield Shares by Purpose (“Yield Shares”), as described in the table below, the world’s first yield-focused single-stock ETFs, which will begin trading today on the NEO Exchange Inc. Yield Shares by Purpose are designed to offer investors a new tool to maximize yield in their portfolios. With Yield Shares, investors will earn enhanced monthly distribution yield through an investment in funds holding some of the world’s most widely held stocks, such as Amazon, Berkshire Hathaway, and Tesla, while maintaining...

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Global Aluminum Foil Packaging Market to Exceed Valuation of $44.29 Billion by 2028 | Beverage Industry Generates 47% Market Revenue

Global aluminum foil packaging market was valued at USD 34.23 billion in the year 2021, and it is expected to reach USD 44.29 billion by 2028, increasing at a CAGR of 4.2% from 2022 to 2028 Westford, USA, Dec. 20, 2022 (GLOBE NEWSWIRE) — The aluminum foil packaging market has been witnessing a steady growth in recent years as the market is predicted to grow at a CAGR of 4.2%% over the next seven years. The major factor contributing to the growth of this market is the increasing demand for food products, which is mainly attributed to the growing awareness about health and hygiene issues. Another factor that is propelling the growth of this market is the increasing adoption of eco-friendly products. Many consumers are increasingly keen on selecting environmentally friendly products, which in turn has led to an increase in the demand...

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Global Ammonium Nitrate Market to Touch Valuation of $24.29 Billion by 2028 | Russian Federation Produces 67% of the Global Ammonium Nitrate

Global ammonium nitrate market size was valued at USD 15.53 billion in 2021, and it is expected to reach a value of USD 24.29 billion by 2028, at a CAGR of 6.6% over the forecast period (2022-2028). Westford, USA, Dec. 20, 2022 (GLOBE NEWSWIRE) — The ammonium nitrate market is a supplier of the raw material for explosives, propellants and fertilizers. Explosive production requires large amounts of ammonium nitrate and other ingredients, so the industry employs about 550,000 people worldwide. The manufacture and sale of fertilizer relies on ammonium nitrate as well. SkyQuest provides an in-depth analysis of market. The report covers topics such as market overview, market drivers, key considerations for potential participants, and market opportunities. According to our study, the global ammonium nitrate supply is estimated to grow...

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Portable Generator Market size worth USD 5.87 Billion by 2026 | Industry expected to grow at 5.4 CAGR

The global portable generator market size valued USD 3.88 billion in 2018. The market is to grow worth USD 5.87 billion by 2026, at CAGR of 5.4%. Pune, India, Dec. 20, 2022 (GLOBE NEWSWIRE) — The global Portable Generator Market is projected to reach a size of USD 5.87 billion by 2026, at a CAGR of 5.4%, from an estimated USD 3.88 billion in 20218. Need for backup power during blackouts is one of the key factors driving the growth of the portable generator market. Increase in adoption of dual fuel and inverter generator to offer lucrative opportunities for the portable generator market during the forecast period. Weather-related natural calamities such as hurricanes and floods have spiked in terms of frequency in last few decades. According the United Nations Office for the Coordination of Humanitarian Affairs (OCHA), a staggering...

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FactSet Reports Results for First Quarter 2023

Q1 GAAP revenues of $504.8 million, up 18.9% from Q1 2022 Organic Q1 ASV plus professional services of $1.8 billion, up 8.8% year over year Q1 GAAP operating margin of 34.1%, up 517 bps year over year, and adjusted operating margin of 38.3%, up 471 bps over the prior year Q1 GAAP diluted EPS of $3.52, up 26.2% from the prior year, and adjusted diluted EPS of $3.99, up 22.8% year over yearNORWALK, Conn., Dec. 20, 2022 (GLOBE NEWSWIRE) — FactSet (“FactSet” or the “Company”) (NYSE:FDS) (NASDAQ:FDS), a global provider of integrated financial information, analytical applications, and industry-leading service, today announced results for its first quarter as of November 30, 2022. First Quarter Fiscal 2023 HighlightsGAAP revenues increased 18.9%, or $80.1 million, to $504.8 million for the first quarter of...

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Global Wireless Infrastructure Market to Hit Sales of $426.68 Billion by 2028 | India is the Most Lucrative Market | Nokia and Sony Ericson to Benefit the Most

Global wireless infrastructure market was valued at US$ 178.65 billion in 2021, and it is expected to reach a value of US$ 426.68 billion by 2028, at a CAGR of 11.17% over the forecast period (2022–2028). Westford, USA, Dec. 20, 2022 (GLOBE NEWSWIRE) — The wireless infrastructure market is expected to grow at a CAGR of over 11.17% over the forecast period. The primary drivers for this growth include expanding use of smart devices and growing demand for cellular coverage across emerging markets. However, challenges such as increasing spectrum congestion and security concerns are expected to hamper the industry’s growth in the long term. Moreover, there is concern about how these expanding technology advancements will impact the workforce and society in general. As a result, there is an urgent need to formulate effective policy...

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Global Lithium Mining Market to Generate Revenue of $494.59 Million by 2028 | Australia to Produces over 50% Lithium Carbon Equivalent by 2024

Global lithium mining market was valued at USD 340 Million in 2021, and it is expected to reach a value of USD 494.59 Million by 2028, at a CAGR of 5.5% over the forecast period (2022-2028). Westford, USA, Dec. 20, 2022 (GLOBE NEWSWIRE) — Today, lithium is one of the most important minerals when it comes to the production of electric vehicles. Lithium-ion batteries are light, powerful and take less space than other battery types. Tesla, Panasonic and other car manufacturers in the global lithium mining market are betting big on this mineral. In 2021 alone, global lithium production was 100,000 metric tons. By 2025, that number is projected to increase to 200,000 million tons. However, there is a downside to all of this growth: lithium reserves are spotty and the mineral is difficult and expensive to extract. Get sample copy of...

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Global Freight Brokerage Market to Touch Valuation of $85.66 Billion by 2028 | Global Freight Volume Reached 658.9 Billion Tons in 2021

Global freight brokerage market was valued to be US$ 56.27 billion in 2021, and it is expected to reach US$ 85.66 billion by 2028 at a CAGR of 5.2% over the forecast period 2022–2028. Westford, USA, Dec. 20, 2022 (GLOBE NEWSWIRE) — Freight brokerage helps busy businesses and organizations move goods by arranging shipments with freight providers. The market is worth $56.27 billion as of 2021 and is expected to grow at a CAGR of 5.2%. SkyQuest’s analysis of the freight brokerage market provides insights into the competitive landscape and future growth prospects for the market. It is a highly competitive market, with a wide range of providers offering a range of services. This diversity has helped the industry remain relatively stable in recent years as businesses have been more selective about which freight providers they use.  The...

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Form 8.3 – [Devro plc – 19 12 2022] – (CGWL)

FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORERule 8.3 of the Takeover Code (the “Code”) 1.        KEY INFORMATION(a)   Full name of discloser: CANACCORD GENUITY WEALTH LIMITED (for Discretionary clients)(b)   Owner or controller of interests and short positions disclosed, if different from 1(a):        The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named. N/A(c)   Name of offeror/offeree in relation to whose relevant securities this form relates:        Use a separate form for each offeror/offeree DEVRO PLC(d)   If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: N/A(e)   Date position held/dealing...

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