Day: June 20, 2023

SkiStar Interim Report September 2022-May 2023

Written by Customer Service on June 20, 2023. Posted in Earnings Releases And Operating Results.

LOWER OPERATING PROFIT DURING THE THIRD QUARTER CHARACTERISED BY ONE-OFF COSTS Third QuarterNet sales for the third quarter decreased by SEK 127 million (8 percent) to SEK 1,409 (1,536) million compared with the same period of the previous year. Operating profit for the third quarter amounted to SEK 353 (547) million, a decline of SEK 194 million (35 percent) compared with the same period of the previous year. The quarter included one-off costs of SEK 48 (0) million. Capital gains from exploitation operations included SEK 1 (51) million. Operating profit, adjusted for one-off costs and capital gains, amounted to SEK 400 (496) million, a decline of SEK 96 million (19 percent) compared with the same period of the previous year. Earnings per share before and after dilution amounted to SEK 3.43 (5.60), a decrease of 39 percent.First Nine...

Automotive Tire OEM Market Size [2023-2030] Worth USD 70.79 Billion | Exhibiting CAGR of 6.9%

Written by Customer Service on June 20, 2023. Posted in Mergers And Acquisitions.

Automotive Tire OEM Market: Sumitomo Rubber Industries Collaborated with Global Data Service Organization (GDSO) for Tires and Automotive Components Pune, India., June 20, 2023 (GLOBE NEWSWIRE) — The automotive tire OEM market size was valued at USD 41.55 billion in 2022 and is projected to reach a valuation of USD 44.40 billion in 2023. The market is expected to reach USD 70.79 billion by 2030 with a CAGR of 6.9% during the forecast period. Automotive tire are original tires equipped with vehicles offered by Original Equipment Manufacturers (OEMs). Rising production and sale of passenger and light commercial vehicles is driving market growth. Rapid growth in the automotive industry is set to drive product demand. Fortune Business Insights™ shares this information in its report titled “Global Automotive Tire OEM Market,...

DC Contactor Market Size [2023-2030] worth $827.15 Million | Exhibiting a CAGR of 9.40%

Written by Customer Service on June 20, 2023. Posted in Mergers And Acquisitions.

Global DC Contactor Market to Experience 9.40% CAGR during 2023-2030; Companies Focus on Producing Hi-Tech Products to Strengthen Position: Fortune Business Insights™ Pune, india, June 20, 2023 (GLOBE NEWSWIRE) — The global DC contactor market size was valued at USD 400.08 million in the year 2022 and is forecast to grow from USD 441.00 million in 2023 to USD 827.15 million by the end of the year 2030, and the market is estimated to exhibit a Compound Annual Growth Rate (CAGR) of 9.40% during the forecast period 2023-2030. A DC contactor is an electrically controlled device that regulates current in DC circuits by simultaneously turning power on and off and closing and opening internal contacts. The driving power needed to seal the contacts is provided by the electromagnet. Fortune Business Insights presents this information...

Vimeo Announces the First End-to-End AI-Powered Video Creation Suite to Dramatically Simplify How Video is Made

Written by Customer Service on June 20, 2023. Posted in Public Companies.

The company’s latest AI tools, including its first integration leveraging generative AI, enable anyone to create a fully produced video in minutes by automatically generating scripts, recording videos in one take, and editing content as easily as a word doc NEW YORK, June 20, 2023 (GLOBE NEWSWIRE) — Vimeo, the world’s most innovative video experience platform, today announced the launch of a first of its kind AI-powered video creation suite. The company’s new AI tools enables anyone to record videos in one take and edit in seconds – generate a script from a text prompt, record your screen using a built-in teleprompter, and instantly delete any unwanted content such as filler words (ums and uhs) and long pauses. Vimeo’s research shows that 80 percent of people prefer videos over written text, yet most people are uncomfortable creating...

Infrastructure Development and Technology Adoption Drive Growth of Water Meter Market

Written by Customer Service on June 20, 2023. Posted in Mergers And Acquisitions.

SkyQuest projects that the water meter market will attain a value of USD 29159.4 million by 2030, with a CAGR of 4.1% in the forecast period (2023-2030). Increasing investments in advanced infrastructure and a growing focus on achieving the smart city goal is expected to drive demand for the product. Adopting technology in commercial settings will be fueled by remote monitoring, growing water scarcity and robust cybersecurity mechanisms to ensure reliable and secure end-user data consumption. In addition, the ongoing restructuring of water distribution infrastructure is expected to enhance the potential of the industry. Westford, USA, June 19, 2023 (GLOBE NEWSWIRE) — According to SkyQuest, the water meter market offers various products from basic mechanical to advanced digital and smart meters. Mechanical water meters use a piston...

High Arctic Announces Agreement to Sell Nitrogen Assets

Written by Customer Service on June 20, 2023. Posted in Mergers And Acquisitions.

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW CALGARY, Alberta, June 19, 2023 (GLOBE NEWSWIRE) — High Arctic Energy Services Inc. (TSX: HWO) “High Arctic” or the “Corporation” has entered into an asset purchase agreement with a private Canadian energy services company to sell its Canadian nitrogen pumping assets for gross proceeds of $1.35 million in cash, before transaction costs (the “Nitrogen Transaction”). The Nitrogen Transaction results in the transfer of High Arctic’s dedicated nitrogen assets and support employees to the Buyer. High Arctic retains associated working capital and estimates a modest gain on sale over equipment net asset carrying value. Mike Maguire, High Arctic CEO, commented,...

Rising Infrastructure Projects Drive Growth in Global Heavy Construction Equipment Market

Written by Customer Service on June 20, 2023. Posted in Mergers And Acquisitions.

SkyQuest projects that the heavy construction equipment market will attain a value of USD 193.8 billion by 2030, with a CAGR of 4.4% over the forecast period (2023-2030). The market is being propelled due to the growth of real estate, increase in private sector investments and improving economic conditions in emerging countries. Additionally, expanding government infrastructure development projects and public-private partnerships for constructing public infrastructure systems in countries such as the United States, India and China have accelerated the dynamics in the market. For instance, the US government has invested heavily in constructing roads, railway tracks, airports and other infrastructure, necessitating the use of excavators, loaders and other heavy equipment. The government introduced a $2 trillion infrastructure plan that includes...

Beam Global Executes Binding LOI to Acquire Europe Based Amiga, Announces Pricing of Upsized $22.5 Million Public Offering of Common Stock and Announces Q2 Revenue and Unit Guidance

Written by Customer Service on June 20, 2023. Posted in Mergers And Acquisitions.

The planned accretive transaction is intended to expand Beam Global’s business into the European market and increase Beam Global’s production, engineering, sales and product development expertiseAcquisition expected to increase and diversify revenues and gross profits Amiga recorded revenue of over EUR 8.5M in 2022 Expected to enhance Beam Global’s manufacturing and engineering capabilities Expected to accelerate the development of EV Standard™ and other products both in the European and U.S. markets Expected to add new customer segments in both the U.S. & EuropeSAN DIEGO, June 19, 2023 (GLOBE NEWSWIRE) — Beam Global, (Nasdaq: BEEM, BEEMW) (“Beam Global” or the “Company”), a leading provider of innovative sustainable products and technologies for electric vehicle (EV) charging, energy storage, energy security and...

Archer achieves qubit material functionality at room temperature in air

Written by Customer Service on June 20, 2023. Posted in Public Companies.

Archer staff in a research and prototyping semiconductor foundry Archer staff in a research and prototyping semiconductor foundry in Sydney, Australia, operating some of the instruments used to encapsulate the qubit material.HighlightsArcher Materials has engineered its qubit material to mimic a high vacuum environment, preserving quantum functionality at room temperature in air. The semiconductor fabrication process is foundry-compatible and has the potential for technology translation to industrially scale Archer’s 12CQ qubit chip architecture. The preservation of quantum coherence in Archer’s qubit material at room temperature in air demonstrates a significant advantage over qubit proposals that are difficult to integrate onboard modern day devices. Archer’s unique qubit material is conveniently made from carbon, yet robust...

Purpose Investments Inc. Announces June 2023 Distributions

Written by Customer Service on June 20, 2023. Posted in Dividend Reports And Estimates.

TORONTO, June 19, 2023 (GLOBE NEWSWIRE) — Purpose Investments Inc. (“Purpose”) is pleased to announce distributions for the month of June 2023 for its open-end exchange-traded funds and closed-end funds (“the Funds”). The ex-distribution date for all ETFs is June 27, 2023, with the exception of Purpose Bitcoin Yield ETF and Purpose Ether Yield ETF, which will have an ex-distribution date of June 28, 2023, as well as Purpose High Interest Savings Fund, Purpose US Cash Fund, Purpose Cash Management Fund, and Purpose USD Cash Management Fund which have an ex-distribution date of June 29, 2023. The ex-distribution date for all closed-end funds is June 29, 2023.Open-End Funds Ticker Symbol Distribution per share/unit Record Date Payable Date Distribution FrequencyPurpose Core Dividend Fund – ETF Series PDF $0.10501 06/28/2023 07/10/2023 MonthlyPurpose...

Day: June 20, 2023

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