U.S. stocks staged a rebound rally on Monday, with each of the S&P 500, Dow and Nasdaq rising as retreating Treasury yields and vaccine optimism boosted risk assets.
The "Real Estate Agency and Brokerage Global Market Report 2021: COVID-19 Impact and Recovery to 2030" report has been added to ResearchAndMarkets.com's offering.
The "Electronic and Precision Equipment Repair and Maintenance Global Market Report 2021: COVID-19 Impact and Recovery to 2030" report has been added to ResearchAndMarkets.com's offering.
Nippon Steel, the world's No.3 steelmaker, will boost research and development (R&D) spending to speed decarbonisation in steelmaking as it faces growing pressure to cut carbon emissions to help tackle climate change, a company executive said. "We will input considerable resource into R&D on decarbonisation technology," Executive Vice President Katsuhiro Miyamoto told Reuters in an interview on Friday. Japanese steelmakers account for 14% of the nation's carbon emissions and need to make cuts while remaining profitable in a market where competition - mainly from China - is growing.
Satisfactory performance in an extraordinary year In 2020, the BANK of Greenland achieved a profit before tax of DKK 130.9 million, compared to DKK 150.5 million in 2019. The profit is thereby at the high end of the most recently published interval of DKK 128-131 million before tax. The return on opening equity after dividend and before tax was 12.1% p.a., compared to 15.6% in 2019. The Bank recommends to the Annual General Meeting that the dividend payment for 2020 is DKK 25 per share. Profit before value adjustments and write-downs amounts to TDKK 143,590, compared to TDKK 148,874 in 2019. Net interest and fee income increased by TDKK 3,006 compared to 2019, amounting to TDKK 326,513. For the overall year, value adjustment of securities and currencies resulted in a gain of TDKK 136, compared to a gain of TDKK 9,585 in 2019. Impairment of loans, etc. amounted to TDKK 12,828, which is TDKK 4,869 higher than for 2019. The year's write-downs include Covid-19 write-downs of DKK 20 million in addition to individually impaired exposures. The total impairment thus amounts to a modest 0.2% of the Bank's loans and guarantees. Lending increased significantly to TDKK 4,006,248 Compared to 2019, this is an increase of TDKK 247,512, or 6.6%. Guarantees increased during the year, by TDKK 142,294 to TDKK 1,621,831. Total loans and guarantees thereby increased very satisfactorily, by TDKK 389,806 in total to TDKK 5,628,079, and are thereby at the highest level in the Bank's history. The BANK of Greenland's capital ratio amounted to 23.5 at end-2020, and the Bank has calculated the individual solvency requirement at 11.2%. Outlook for 2021The course of the economy in 2021 is still uncertain, as a consequence of Covid-19. The Bank’s activities will be affected negatively if the Covid-19 pandemic worsens or is significantly prolonged, and will be affected positively if the negative effects diminish in the course of the year. On this basis, lending is only expected to increase moderately up to the end of the year. Total core earnings are expected to increase in 2021, for which the primary reasons are the increased lending volume, the full impact of negative deposit interest rates, and the development in the Bank’s pension products. Total expenses including depreciation and amortisation are expected to be moderately higher than in 2020. The Bank assesses that the quality of the loan portfolio is satisfactory. Write-downs for impairment of lending are therefore expected to continue to be at a low level. In view of the continued low level of interest rates, moderate capital losses on the Bank’s bond portfolio must be expected, while capital gains are expected from the currency area and sector equities. On this basis, a profit before tax at the level of DKK 115-135 million is expected, compared to DKK 130.9 million in 2020. Attachment 02.Årsrapport 2020_ENG
The "Point of Care/Rapid Diagnostics Market by Product (Glucose, Infectious Disease (Hepatitis C, Influenza), Coagulation), Platform (Microfluidics, Immunoassay), Mode of Purchase (Prescription, OTC), Enduser (Hospital, e-comm, Home Care) - Global Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.
Abuse allegations against New Hampshire’s state-run youth detention center now span six decades, with 150 staffers during that time accused of physically or sexually harming 230 children at a facility the victims’ attorney calls a “magnet for predators.”
The race for the final NCAA tournament bids should have a little more juice than normal this year, with high-profile programs accustomed to vying for No. 1 seeds and national titles still fighting just to make the field of 68.
OMER, Israel, March 01, 2021 (GLOBE NEWSWIRE) -- Medigus Ltd. (Nasdaq: MDGS), a technology company engaged in advanced medical solutions and innovative internet technologies, today announced the closing of an underwritten public offering of 3,258,438 American Depositary Shares (the “ADSs”). Each ADS was sold to the public at a price per ADS of $2.60. The gross proceeds to the Company from this offering are expected to be approximately $8.5 million before deducting underwriting discounts and commissions and other estimated offering expenses payable by the Company. The Company intends to use the net proceeds from this offering for working capital and general corporate purposes. In addition, the Company has granted the underwriter an option to purchase an additional 15 percent of the ADSs offered in the public offering solely to cover over-allotments, if any, exercisable for 45 days, but not to close after March 31, 2021 unless the Company has filed its annual report on Form 20-F with the SEC before that date. If the over-allotment option is exercised in full it would increase the total gross proceeds of the offering to approximately $9.7 million. Aegis Capital Corp. acted as sole bookrunner for the offering. This offering was made pursuant to an effective registration statement on Form F-3 (No 333-238162) previously filed with the U.S. Securities and Exchange Commission (the “SEC”) and declared effective by the SEC on May 15, 2020. A final prospectus describing the terms of the proposed offering has been filed with the SEC and will be available on the SEC’s website located at http://www.sec.gov. Electronic copies of the final prospectus may be obtained by contacting Aegis Capital Corp., Attention: Syndicate Department, 810 7th Avenue, 18th floor, New York, NY 10019, by email at syndicate@aegiscap.com, or by telephone at (212) 813-1010. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. About Medigus Medigus is traded on the Nasdaq Capital Market. To learn more about the company's advanced technology, please visit www.medigus.com. Cautionary Note Regarding Forward Looking Statements This press release may contain statements that are “Forward-Looking Statements,” which are based upon the current estimates, assumptions and expectations of the Medigus’ management and its knowledge of the relevant market. Medigus has tried, where possible, to identify such information and statements by using words such as “anticipate,” “believe,” “envision,” “estimate,” “expect,” “intend,” “may,” “plan,” “predict,” “project,” “target,” “potential,” “will,” “would,” “could,” “should,” “continue,” “contemplate” and other similar expressions and derivations thereof in connection with any discussion of future events, trends or prospects or future operating or financial performance, although not all forward-looking statements contain these identifying words. For example, Medigus uses forward looking statements when describing the intended use of proceeds. These forward-looking statements represent Medigus’ expectations or beliefs concerning future events, and it is possible that the results described in this press release will not be achieved, due to inter alia the spread of COVID-19 as well as the restriction deriving therefrom. By their nature, Forward-Looking Statements involve known and unknown risks, uncertainties and other factors which may cause future results of Medigus activity to differ significantly from the content and implications of such statements. Other risk factors affecting Medigus are discussed in detail in Medigus’ filings with the Securities and Exchange Commission. Forward-Looking Statements are pertinent only as of the date on which they are made, and Medigus undertakes no obligation to update or revise any Forward-Looking Statements, whether as a result of new information, future developments or otherwise. Neither Medigus nor its shareholders, officers and employees, shall be liable for any action and the results of any action taken by any person based on the information contained herein, including without limitation the purchase or sale of Medigus’ securities. Nothing in this press release should be deemed to be medical or other advice of any kind. Investor Contact Oz AdlerChief Financial Officer+972-8-6466-880ir@medigus.com
(Bloomberg) -- All of Apple Inc.’s 270 U.S. retail stores are now open in some capacity for the first time since closures due to the Covid-19 pandemic began nearly a year ago.Apple’s retail locations across the country have opened and closed multiple times as the spread of the pandemic fluctuated and restrictive measures were implemented and lifted. On Monday, Apple reopened its last remaining closed stores, which were at locations in Texas. CNBC earlier reported the milestone.While all shops are now open, many sites are still operating by appointment only or via a concept known as Apple Store Express, which replaces a store’s front with a bank teller-like setup for making purchases. Outside of the U.S., the company’s two stores in Mexico re-open Tuesday, while its Brazil locations and some stores in France remain closed.(Updates with reference to CNBC in second paragraph.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.
(Bloomberg) -- Trustpilot, a Denmark-based online platform for consumer reviews, plans an initial public offering in London, boosting the city’s image as a hotspot for listings in Europe.At least 25% of its shares will be available for trading and the company expects to be eligible for FTSE U.K. indexes, it said in a statement Monday. The IPO would raise about $50 million to fund growth and repay debt, and allow existing shareholders to sell shares. Trustpilot is seeking a valuation of around 1 billion pounds ($1.4 billion) in the IPO, according to two people familiar with the matter, who asked not to be identified discussing private information.Trustpilot, which is based in Copenhagen, would rank as the first large company from the European Union to tap the London stock market this year, showing that the city is still attractive to foreign listings after Brexit.The U.K. left the EU without an agreement about financial services regulation, causing stock volumes to shift to exchanges on the continent. However, London’s deep pool of capital continues to be a big draw for companies looking to go public.Trustpilot considered other venues, but “on balance, London was the natural choice,” Chief Executive Officer Peter Holten Muhlmann said in an interview. “There’s a really strong emerging tech scene in the City, it has a lot of liquidity and it’s one of the more important markets for us; we are a very well-known brand in the U.K. and the IPO will help us further accelerate that position.”‘Moving Online’The U.K. IPO market is off to its strongest start since 2008, with the likes of bootmaker Dr. Martens listing in London, while food-delivery startup Deliveroo is expected to lay out plans for an IPO in the coming weeks. The city also continues to attract foreign issuers from further out: Fix Price, Russia’s biggest dollar-store retailer, said on Monday it was seeking to raise as much as $1.9 billion in an IPO.Trustpilot is one of several firms trying to cash in on an acceleration in online shopping amid the coronavirus pandemic. Poland’s InPost SA, which operates automated parcel lockers for deliveries, listed in Amsterdam late January, while online greeting-card and gifting platform Moonpig Group Plc listed in London last month.“The entire economy is moving online,” Muhlmann said. “In the long term, the number of people using Trustpilot will be in the billions, and the businesses using Trustpilot to signify they are trusted will be in the millions.”Improving AlgorithmsTrustpilot had hosted 120 million reviews by the end of 2020. It makes money by selling subscriptions to businesses, which can use consumer reviews in their marketing materials and directly engage with customers on the platform.Revenue has risen 59% since 2018, totaling $102 million last year. As of end-December, it had more than 19,500 subscribers. The company, which was launched in 2007, has more than 700 employees in eight offices around the world, according to its website.Part of the IPO proceeds will go toward improving algorithms to detect fake reviews and part toward expanding in markets such as the U.S. as well as Europe, Muhlmann said. The company removed 2.2 million reviews in 2020, the majority through its automated fraud detection software. Reviews on Trustpilot are also screened by a team of people.Morgan Stanley & Co. and JPMorgan Chase & Co, are joint sponsors and global coordinators. Joh. Berenberg, Gossler & Co. KG and Danske Bank A/S are joint bookrunners.(Updates with Fix Price listing in sixth paragraph. A previous version of this story corrected the number of reviews in the ninth paragraph.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.
The "Global Micro Server IC Market with COVID-19 Impact Analysis by Offering (Hardware, Software), Processor Type (X86, ARM) Application (Web Hosting & Enterprise Applications, Analytics & Cloud Computing, Edge Computing), End-user, and Region - Forecast to 2026" report has been added to ResearchAndMarkets.com's offering.
Company Announcement Copenhagen, 1 March 2021 No. 04/2021 ISS (ISS.CO, ISS DC, ISSDY), a leading global provider of facility services, today announced that it has agreed with Barclays to extend their 8-year partnership whereby ISS delivers Integrated Facility and Workplace Services across the Barclays portfolio in more than 30 countries until 2025. ISS has worked with Barclays since 2012 providing an integrated Facility Services solution in the UK & Ireland, Continental Europe, the Americas, Middle East and Europe and the next phase of the contract is designed to create tangible value for the Bank, its global workforce and for ISS. With a focus on transforming the workplace experience for Barclays’ colleagues and supporting the Bank’s Net Zero ambitions, along with the integrated facilities services, the new contract will reduce costs and continue to deliver value for both parties leveraging the full power of ISS’s integrated, self-delivery model to ensure joint success. For investor enquiries Michael Bjergby, Head of Group Investor Relations, +45 31 37 41 71 Louisa Baruch Larsson, Senior Investor Relations Manager, +45 38 17 63 38 For media enquiries Kenni Leth, Head of Global PR & Media Relations, +45 51 71 43 68 About ISS ISS is a leading workplace experience and facility management company. In partnership with customers, ISS drives the engagement and well-being of people, minimises the impact on the environment, and protects and maintains property. ISS brings all of this to life through a unique combination of data, insight and service excellence at offices, factories, airports, hospitals and other locations across the globe. In 2020, ISS Group’s global revenue amounted to DKK 70 billion. For more information on the ISS Group, visit www.issworld.com ISS A/S, ISIN DK0060542181, ISIN US4651472056, ISS Global A/S, ISIN XS1330300341, ISIN XS1145526825, ISIN XS1673102734, ISS Finance B.V., ISIN XS2199343513 Attachment 20210301 - ISS Announcement - FINAL
Uruguay, the last country in South America to receive delivery of coronavirus vaccines, started its inoculation campaign Monday with a focus on teachers, soldiers, police and firefighters.
The real estate sector is somewhat unique in that it is one of the only places in the stock market you'll find a nice selection of companies with above-average dividend yields and lots of long-term growth potential. Real estate investment trusts, or REITs, can be excellent choices to create a reliable stream of income and to achieve excellent total returns in your portfolio over time. With that in mind, three excellent income REITs investors might want to take a closer look at right now are Tanger Factory Outlet Centers, Healthpeak Properties, and Crown Castle.
There are 5.4 million hybrid vehicles on the road today, making a charging station an appealing, potentially profitable addition to your next investment project.
CORE earnings call for the period ending December 31, 2020.
Joining me this morning is Chad Plotkin, our Chief Financial Officer; Akil Marsh, our Investor Relations Manager; and Craig Cornelius, President and CEO of Clearway Energy Group. Craig will be available for the Q&A portion of our presentation.
Kravt Robotics Kravt Robotics LOS ANGELES, March 01, 2021 (GLOBE NEWSWIRE) -- The IT development company Kravt Robotics has entered into a strategic partnership with Allset Technologies, a startup providing a food pre-ordering service. The LA-based companies have teamed up to create a food order and delivery platform utilizing robotic delivery solutions instead of couriers. Founded in 2015, Allset operates a platform that connects customers to local restaurants, enabling pre-ordering meals for pickup and dine-in. Users can choose a restaurant in the area, browse the menu, make an order, and pay - all using a dedicated app. The restaurant prepares the order for a time of the user's choosing, so that the meal is ready to serve when the customer arrives at the restaurant. Initially, Allset's service was aimed at busy office workers and business executives, pressed for time during their lunch breaks. Pre-ordering a meal cuts out a significant amount of time usually spent waiting for the order to be prepared, giving professionals with even the busiest schedules an opportunity to enjoy a restaurant lunch in under half an hour. With the Allset app, customers can avoid waiting times and restaurants are able to increase their table turnover rates. Allset's profits, meanwhile, come from a restaurant-friendly fee placed on each order. Allset's solution quickly caught on, expanding well beyond its original target demographic. Currently, the company has contracts with more than 4,000 restaurants across the United States, and has recently introduced pre-paid team packages for companies. Given recent trends and the restrictions imposed on the restaurant sector by the COVID-19 pandemic, Allset also became interested in exploring the business lunch delivery option in an innovative way. This is where Kravt Robotics comes in. Kravt is a leading robotics and IT startup, developing automated solutions for delivery, cleaning, and sanitation across various industries. The company's current flagship products include the Adventure One delivery robot and the Crysta Pro automatic cleaning and disinfection robot. Using the Adventure One robots developed by Kravt, meals ordered through Allset can be delivered directly to a customer's location. Although working delivery bots may still seem difficult to imagine, Kravt has proven that their robots are perfectly capable of fulfilling the task. The Adventure One delivery robots are outfitted with on-board AI and controlled remotely by certified Kravt Robotics pilots, with the aid of built-in cameras providing a view of the robot's surroundings. There's no limit to the device's range, so operators could technically be located anywhere in the world – removing any geographical and logistical limits to hiring new drivers. Since the robots are guided by human operators, they don't pose any threat to traffic safety. In addition, Kravt's robots are outfitted with a series of high-tech solutions that increase their safety and efficiency ratings even further. Alongside parking sensors, Adventure One robots feature a lidar – a laser device used for measuring the distance between the robot and other vehicles and objects in its surroundings. Having thoroughly verified the robots' capabilities in a controlled environment, Kravt is currently preparing to launch a trial on the streets of Los Angeles and Silicon Valley. Once it has been confirmed that Adventure One models are fully capable of navigating traffic in real-world conditions, full-scale production will commence in Mexico. By replacing couriers with robots in food delivery, Kravt and Allset will provide an even quicker and more efficient solution to ordering meals. The service emerging from this partnership will also be safer and more sanitary, which is particularly important in the context of the COVID-19 pandemic and related concerns. Delivering meals through robots eliminates the need for social contact, providing customers with a greater sense of security in these difficult times. Media contact Company: Kraft Robotics Contact: Ildar Gainulin, Founder and CEO Email: Ildar.gainulin@kravtrobotics.com Telephone: +1 (347) 420-4077 Website: https://kravtrobotics.com/ SOURCE: Kraft Robotics A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/166c750a-cfb1-4f1e-a357-35f0c923fcca
All APLA Health employees will be paid above the LA County living wageLos Angeles, March 01, 2021 (GLOBE NEWSWIRE) -- February 26, 2021 – APLA Health announced a new $20 per hour minimum wage for its workforce, $5 above the Los Angeles County minimum wage and exceeding the estimated County living wage. APLA Health continues to offer paid vacation and sick time, full employer-paid health insurance coverage for all staff, and a 6% match to employee 403(b) retirement accounts. “APLA Health has earned consecutive Gold-Level Health Center Quality Leader recognition from HRSA (the Health Resources & Services Administration) due to the hard work and dedication of all our staff. Our Board of Director’s decision to increase our minimum wage honors this work, establishes APLA Health as a pay leader and furthers our efforts to provide the best possible care for our community,” said Craig E. Thompson, CEO of APLA Health. “As we surpass half a million COVID-19 deaths in less than a year, we’re reminded how much we all depend on the ‘essential’ contributions of frontline workers. In Los Angeles County, the majority of these workers are Black and Latinx. If we are to be serious about reducing racial inequality, then we must promote both long term systemic change and implement simple, concrete measures. Although the Los Angeles County minimum wage of $15 an hour is significantly higher than the federal minimum wage of $7.25, it still falls short of the estimated $18.63 per hour needed to live in the County. By raising our minimum hourly wage to $20, we are validating the skills of our frontline workers who care for the most vulnerable in our community.” The change positively affects more than one third of APLA Health’s workforce, the majority of whom are people of color and women. APLA Health, led by its Board of Directors, recognizes our social and financial responsibility to promote health justice in the communities we serve and in which our patients and staff live. Providing a minimum salary that exceeds the living wage is just one part of our ongoing efforts at creating a diverse, inclusive and equitable workforce and community-at-large. APLA Health’s wage increase will take effect on March 1, 2021. ABOUT APLA HEALTH: APLA Health’s mission is to achieve healthcare equity and promote well-being for the LGBTQ+ and other underserved communities and people living with and affected by HIV. We remain committed to ending the AIDS epidemic in our lifetime. We are a nonprofit, federally qualified health center serving more than 18,000 people annually. We provide 20 different services at 16 locations throughout Los Angeles County, including: medical, dental, behavioral health and HIV specialty care; PrEP counseling and management; health education and HIV prevention; and STD screening and treatment. For people living with HIV, we offer housing support; benefits counseling; home healthcare; and the Vance North Necessities of Life Program food pantries; among several other critically needed services. Additionally, we are leaders in advocating for policy and legislation that positively impacts the LGBT and HIV communities and conduct community-based research on issues affecting the communities we serve. For more information, please visit us at aplahealth.org. CONTACT: Alex Medina APLA Health 213.201.1521 amedina@apla.org
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