Day: August 31, 2023

Admirals Group AS 2023 Unaudited 6 Months Financial Results

Written by Customer Service on August 31, 2023. Posted in Earnings Releases And Operating Results.

Admirals witnesses a significant rise in new applications Despite the low volatility in the financial markets in the first half of 2023, Admirals Group AS delivered outstanding numbers in onboarding new clients and those of active. Net trading income was EUR 21.1 million (6M 2022: EUR 43 million and 6M 2021: EUR 17.3 million) EBITDA was EUR -2.9 million (6M 2022: EUR 26 million and 6M 2021: EUR -0.7 million) Number of new applications in Group went up by 222% to 143,414 applications compared to same period of 2022 (6M 2022: 44,508 and 6M 2021: 75, 759) Number of active clients in Group went up by 96% to 65,636 clients compared to same period of 2022 (6M 2022: 33,493 and 6M 2021: 40,235 active clients) „Admirals has always emphasized the importance of a long-term strategy. The expansion in new regions, leveraging the existing...

Admiral Markets AS 2023 Unaudited 6 Months Financial Results

Written by Customer Service on August 31, 2023. Posted in Earnings Releases And Operating Results.

Admirals witnesses a significant rise in new applications  Despite the low volatility in the financial markets in the first half of 2023, Admiral Markets AS delivered outstanding numbers in onboarding new clients and those of active.   Net trading income was EUR 20.5 million (6M 2022: EUR 32.3 million and 6M 2021: EUR 9.1 million) EBITDA  was EUR -3.1 million (6M 2022: EUR 24.3 million and 6M 2021: EUR -0.5 million) Number of new applications in Group went up by 222% to 143,414 applications compared to same period of 2022 (6M 2022: 44,508 and 6M 2021: 75,759)  Number of active clients in Group went up by 96% to 65,636 clients compared to same period of 2022 (6M 2022: 33,493 and 6M 2021: 40,235 active clients)  „Admirals has always emphasized the importance of a long-term strategy. The expansion in new regions, leveraging the existing...

Global Wind Turbine Gearbox Market Size to Reach USD 45.18 Billion in 2032 | Emergen Research

Written by Customer Service on August 31, 2023. Posted in Mergers And Acquisitions.

Increasing government support and investments for wind energy is a major factor driving market revenue growth Vancouver, Aug. 31, 2023 (GLOBE NEWSWIRE) — The worldwide market size for wind turbine gearboxes stood at USD 21.32 billion in the year 2022. As per the most recent assessment by Emergen Research, it is projected that the market will sustain a consistent Compound Annual Growth Rate (CAGR) of 7.6% throughout the forecast period. This growth is primarily attributed to the rising acceptance of direct-drive wind turbine setups, which is playing a pivotal role in propelling the expansion of market revenues. An emerging trend within the broader wind turbine gearbox market is the adoption of hybrid gearboxes in wind farms. Hybrid gearboxes involve the fusion of different gear configurations to optimize performance and tackle specific...

IPG® Offers Next Level Random Case Erecting With New Tishma Brand HYDRA2

Written by Customer Service on August 31, 2023. Posted in Public Companies.

HYDRA2 Fully Automatic Random Case Erector and Bottom SealerIPG’s new Tishma brand HYDRA™2, a fully automatic random case erector and bottom sealer, offers manual box selection or seamless data connectivity with your Warehouse Management System for superior operational management and control.IPG’s new Tishma brand HYDRA™2, a fully automatic random case erector and bottom sealer, offers manual box selection or seamless data connectivity with your Warehouse Management System for superior operational management and control.SARASOTA, Fla., Aug. 31, 2023 (GLOBE NEWSWIRE) — IPG (Intertape Polymer Group), a leading manufacturer of highly automated packaging machinery and turnkey solutions, has launched the new Tishma brand HYDRA™2, a fully automatic random case erector and...

eMagin Stockholders Approve Acquisition by Samsung Display

Written by Customer Service on August 31, 2023. Posted in Mergers And Acquisitions.

HOPEWELL JUNCTION, N.Y., Aug. 31, 2023 (GLOBE NEWSWIRE) — eMagin Corporation (NYSE American: EMAN) (“eMagin” or the “Company”), a U.S.-based leader in the development, design, and manufacture of Active-Matrix OLED microdisplays for high-resolution, AR/VR and other near-eye imaging products, today announced that its stockholders voted to approve eMagin’s pending acquisition by Samsung Display Co., Ltd. (“Samsung Display”), a subsidiary of Samsung Electronics Co., Ltd. and manufacturer and distributor of display products, at eMagin’s special meeting of stockholders held earlier today. The final voting results on the proposals voted on at the special meeting will be set forth in a Form 8-K filed by eMagin with the U.S. Securities and Exchange Commission, after certification by eMagin’s inspector of elections. As previously announced,...

Global Lightweight Materials for Electric Vehicle (EV) Market Size to Reach USD 79.08 Billion in 2032 | Emergen Research

Written by Customer Service on August 31, 2023. Posted in Mergers And Acquisitions.

Rapid adoption of lightweight materials for EV devices is a major factor driving lightweight materials for Electric Vehcile (EV) market revenue growth Vancouver, Aug. 31, 2023 (GLOBE NEWSWIRE) — The worldwide market for lightweight materials in the Electric Vehicle (EV) sector reached a valuation of USD 7.00 Billion in the year 2022. Forecasts indicate a noteworthy compound annual growth rate (CAGR) of 27.4% in revenue over the projected timeframe. Noteworthy contributors to this growth include heightened governmental commitments to electric vehicles globally, aimed at curbing carbon emissions. Additionally, the swift integration of lightweight materials in EV technologies, escalating EV adoption due to rising petroleum costs, and the prolific introduction of new products by prominent market participants collectively steer the...

1847 Holdings Announces Successful Restructuring of Promissory Notes to Non-Dilutive Debt Instruments

Written by Customer Service on August 31, 2023. Posted in Public Companies.

Projected cash flow expected to support the Company’s growth going forward NEW YORK, Aug. 31, 2023 (GLOBE NEWSWIRE) — 1847 Holdings LLC (“1847” or the “Company”) (NYSE American: EFSH), a unique holding company that combines the attractive attributes of owning private, lower-middle market businesses with the liquidity and transparency of a publicly traded company, today announced that it has successfully restructured all of its Promissory Notes, with two institutional investors, totaling approximately $1.75 million outstanding. Based on the agreements with the investors, the Promissory Notes are no longer convertible to equity, as long as they are repaid by the Company over a 12 month amortization schedule. Mr. Ellery W. Roberts, CEO of 1847, commented, “Restructuring these notes is an important milestone and is designed to protect...

WalkMe and Deloitte India Enter Strategic Alliance to Drive Digital Adoption across Enterprises in India

Written by Customer Service on August 31, 2023. Posted in Public Companies.

New alliance accelerates technology adoption for enterprises, delivering enhanced value SAN FRANCISCO, Aug. 31, 2023 (GLOBE NEWSWIRE) — WalkMe Ltd. (NASDAQ: WKME), a leading provider of digital adoption solutions, today announced it has entered into an alliance agreement with Deloitte India, a global leader in Human Capital and Business Transformation Consulting. Deloitte India has invested in a dedicated team to make technology adoption solutions more broadly available for clients across the region. Through the newly established alliance agreement, WalkMe and Deloitte India will help organizations in India reach their digital transformation goals by maximizing technology investments. As more organizations are realizing the value that digital adoption strategies bring to their bottom lines, new programs and initiatives are emerging...

NewtekOne, Inc. Completes Offering of $40 Million of 8.00% Fixed Rate Senior Notes due 2028

Written by Customer Service on August 31, 2023. Posted in Public Companies.

BOCA RATON, Fla., Aug. 31, 2023 (GLOBE NEWSWIRE) — NewtekOne, Inc. (the “Company” or “NewtekOne”) (NASDAQ: NEWT), announced today that it has completed a registered public offering of $40.0 million aggregate principal amount of its 8.00% Fixed Rate Senior Notes due 2028 (the “Notes” and the “Offering”). The Notes will mature on September 1, 2028 and may be redeemed by the Company, in whole or in part, at any time on or after September 1, 2025 at a redemption price equal to 100% of the outstanding principal amount to be redeemed plus accrued and unpaid interest. The Notes will bear interest at a rate of 8.00% per year payable quarterly on each March 1, June 1, September 1 and December 1, beginning December 1, 2023. NewtekOne intends to list the Notes on the Nasdaq Global Market® under the trading symbol “NEWTI” within 30 days of...

Excellon Provides Update on Globex Royalty Property Area (Silver City)

Written by Customer Service on August 31, 2023. Posted in Public Companies.

ROUYN-NORANDA, Quebec, Aug. 31, 2023 (GLOBE NEWSWIRE) — GLOBEX MINING ENTERPRISES INC. (GMX – Toronto Stock Exchange, G1MN – Frankfurt, Stuttgart, Berlin, Munich, Tradegate, Lang & Schwarz, LS Exchange, TTMzero, Düsseldorf and Quotrix Düsseldorf Stock Exchanges and GLBXF – OTCQX International in the US) provides an update from Excellon Resources Inc. (EXN-TSX) that states despite the current difficult markets, “With Silver City, we (Excellon) see optionality in a district-scale exploration growth story, or the ability to capitalize on expected market trends as new Europe-focused exploration opportunities begin to emerge.” Excellon holds 4 licenses totaling 340 square kilometres, 164 square kilometers of which are an exploration block optioned from Globex. Excellon have met all the option conditions and the property is now...

Day: August 31, 2023

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