Camden is opening its first hotel in over 50 years, providing a shot in the arm for struggling residents in the middle of the pandemic.
Camden is opening its first hotel in over 50 years, providing a shot in the arm for struggling residents in the middle of the pandemic.
President Biden signed an executive order allowing Interior Department to suspend oil and gas drilling on public lands for next 60 days
Samsung Electronics on Thursday commented for the first time on Intel's decision to outsource more of its chipmaking, but declined to talk about any possible partnership with one its key rivals. Intel, one of the few remaining firms that both designs and makes its own chips, said last week it would lean more heavily on outside factories, or foundry manufacturers, and could even licence technology from outside firms. Samsung, the top maker of memory chips, and TSMC, the world's biggest contract chip manufacturer, are considered Intel's only competitors for high-end chips.
Even properties that removed Trump’s name from their branding have lost an estimated 17% of value since 2016
The future looks uncertain after violence in Delhi, which may cost the movement some credibility.
SpendEdge, has announced the release of their Barium Sulfate Market Report, this market is expected to grow by USD 0.41 billion as we reach 2025.
Total income for 2020 was EUR 11.9 million (2019: EUR 13.2 million)Substantial overall increase in the second half over the first half of 2020Improved cash position compared to the beginning of the year Deventer, 28th January 2021 – RoodMicrotec N.V., a leading independent company for semiconductors supply and quality services, today publishes the unaudited preliminary total income for the whole year 2020. The unaudited preliminary total income for 2020 amounts to EUR 11.9 million, which is 10% lower than in 2019 but includes a substantial increase in the second half of 2020 (EUR 6.5 million) compared to the first half of 2020 (EUR 5.4 million). The total income in the fourth quarter of 2020 was EUR 3.5 million, which is in the upper range of the October outlook. The Qualification & Failure Analysis unit shows an increase compared to 2019, thanks to well established relationships with long-term customers. The Test Operations and Supply Chain Management units show some decrease compared to 2019. This is mainly because of the COVID-19 situation and the reduced demand due to the lock-downs and inventory management. Due to the unclear market situation, many customers reduced their demand as well as their inventories and thus did not order new components. This drop was mainly seen in the second quarter of 2020 and significantly improved in the second half of the year. “We were expecting and budgeted a continuing increase in total income in 2020, but the COVID-19 pandemic significantly affected us. We continued to serve our customers with our usual high quality, but saw a reduced demand in our test operations and supply chain management due to changes in inventory management by our customers”, says Martin Sallenhag, CEO of RoodMicrotec. “We have intensified our communication with the customers for a better planning capability, and with this information, we have been able to control our cash situation in a very effective way. Even with an investment in a new test system early in the year, the cash situation at the end of the year 2020 has improved considerably compared to the end of 2019.“ Total income by operational unit in 2020 compared to 2019: (x € 1,000)20202019ChangeSupply Chain Management2,6593,131-15%Test Operations5,4296,482-16%Qualification & Failure Analysis3,7863,604+5% TOTAL11,87413,217-10% Outlook Currently, it is still not possible to forecast the duration of the COVID-19 disruption or the impact of the increasing number of infections in Europe. With the present visibility, RoodMicrotec expects a total income in the range of EUR 12.8 million to EUR 13.4 million in 2021. The profit before tax in 2021 is expected to be in the range of 2% to 4% of the total income. Audit The financial data in this press release has not been audited. Forward-looking statements This press release contains a number of forward-looking statements. These statements are based on current expectations, estimates and prognoses of the board of management and on the information currently available to the Company. The statements are subject to certain risks and uncertainties which are hard to evaluate, such as the general economic conditions, interest rates, exchange rates and amendments to statutory laws and regulations. The board of management of RoodMicrotec cannot guarantee that its expectations will materialise. Furthermore, RoodMicrotec does not accept any obligation to update the statements made in this press release. Financial calendar 22nd April 2021Publication annual report 202022nd April 2021Conference call for press and analysts22nd April 2021Trading update quarter 1-202110th June 2021Annual general meeting of shareholders22nd July 2021Publication interim report 202122nd July 2021Conference call for press and analysts14th October 2021Trading update quarter 3-2021 About RoodMicrotec RoodMicrotec is a leading independent company for semiconductor supply and quality services. With more than 50 years of experience in the semiconductor and electronics industry, RoodMicrotec is well-established as a highly valued partner for many companies worldwide. The Company provides full-turnkey ASIC services for complex microchips that are customized to handle specific applications for individual customers. In cooperation with strong partners, RoodMicrotec manages the entire development and production flow of ASICs in the target volume, ranging from low quantities up to multiple millions per year. The turnkey solution includes project management, wafer test, assembly, final test, qualification, failure analysis and logistics. All services comply with the industrial and quality requirements of the high reliability, aerospace, automotive, healthcare and industrial sectors. RoodMicrotec’s headquarter is located in Deventer, Netherlands, with operational units in Nördlingen and Stuttgart, Germany. For more information visit https://www.roodmicrotec.com Further information Martin Sallenhag - CEO, Arvid Ladega - CFOTelephone: +31 570 745623 Email: email@example.com Web: www.roodmicrotec.com This press release is published in English and German. In case of conflict between these versions the English version shall prevail. Attachment 2021 01 28_Preliminary Total Income 2020_E
However, a time compensation of 10 hours and 15 minutes for his role in the rescue of Frenchman Kevin Escoffier - whose boat sank during the race - meant Bestaven finished with a better time than Dalin and Burton, who finished second and third. "I feel like I'm living a dream, hallucinating," Bestaven said as fireworks lit up the sky.
In response to the unprecedented impact of the COVID-19 pandemic on underserved communities, SC Johnson is teaming with Habitat for Humanity to provide access to housing and proper water, sanitation and hygiene (WASH) facilities for hundreds of families across Indonesia, the Philippines, Singapore, Thailand, Vietnam and Hong Kong SAR.
Vietnam reported 82 new coronavirus cases on Thursday, hours after confirming the first two infections in nearly two months. Seventy-two of the cases came from an electronic company in Hai Duong province, where a 34-year-old female employee tested positive after her colleague was found to carry the virus from Osaka, Japan, several days earlier, the Health Ministry said. It said the woman who was tested in Japan carried the U.K. variant, which could spread faster.
* The number of COVID-19 infections in England is starting to fall, possibly reflecting the impact of a new lockdown, but cases are not coming down quickly enough and prevalence remains very high, a study by Imperial College London showed. * The Czech Republic's coronavirus vaccination drive was in chaos after the Health Ministry called for a two-week halt to new vaccinations amid a supply shortage. * Moscow Mayor Sergei Sobyanin abolished some COVID-19 restrictions, allowing bars, restaurants and nightclubs to open overnight.
"TF Bank's loan portfolio increased by 8% in local currencies during the fourth quarter. Nordic risk and the credit card initiative in Germany have been prioritised. For consumer loans in Norway and Finland, we soon intend to sign new agreements for continuing sales of past due loans, which provides comfort and predictability for the future. Overall, TF Bank is well positioned to continue expanding during 2021." - Mattias Carlsson, CEO
‘I am a conservative. You come after us, you come after our Capitol, we gonna come after you’
Shares of video game retailer GameStop Corp surged nearly 700% over the past week as retail investors piled in to the stock, appearing to be urged on by bullish posts in popular online forum Reddit as opposed to any fundamental changes in the company's finances or prospects. GameStop's interstellar surge has sparked calls for regulatory scrutiny. U.S. law bars the dissemination of false or misleading information with the aim of manipulating investors into buying or selling securities, as seen during a rash of "pump and dump" schemes during the early 2000s dot.com boom.
“Reddit stocks” surge in US but UK shudders on Dow’s biggest fall since October
CREE earnings call for the period ending December 31, 2020.
The 25th Bond film is at risk of becoming yesterday’s news, writes Adam White, even if no one has actually seen it yet
Netcompany grew revenue by 15.2% and realised 28.9% margin and continued to improve free cash flow in Q4 2020 Company announcementNo. 2/202128 January 2021 Summary In Q4 2020, Netcompany grew revenue in constant currencies to DKK 781.6m - equal to 16.5% growth compared to the same period last year. In reported currencies revenue grew 15.2%. Adjusted EBITA grew 24.3% to DKK 223.5m compared to 179.9m in Q4 2019, corresponding to an adjusted EBITA margin of 28.9%. Average number of full-time employees grew 528 from 2,468 in Q4 2019 to 2,996 in Q4 2020, corresponding to a growth of 21.4% - all organic. Free cash flow remained strong and increased by 78.8% from DKK 116.8m in Q4 2019 to DKK 208.9m in Q4 2020. For the full year 2020, Netcompany realised revenue growth of 15.7% and grew revenue to DKK 2,838.6m. Adjusted EBITA margin was 26.2%. Free cash flow for the year increased by DKK 121.3m to DKK 557.0m yielding a normalised cash conversion ratio of 103%. Revenue visibility increased by 16.6% to DKK 2,131.7m for 2021 compared to DKK 1,827.8m for 2020. For 2021, Netcompany expects revenue growth in constant currencies of between 15-20%, still with a degree of uncertainty related to the continued impact from COVID-19.Adjusted EBITA margin is expected to be around 23-25%. "In Q4, we continued to deliver high quality on our projects and added new and important project wins in both Norway and in the UK in addition to ongoing strong performance in our Danish and Dutch market units. As a result, we continued our growth in Q4, despite challenging times, and realised close to 29% in adjusted EBITA margin combined with strong free cash flow. We have succeeded in attracting top talent to our Group and I am pleased to welcome another 300 new Netcompany employees in the last quarter of 2020 bringing the total number of employees above 3,000. In 2021, we will continue to support the digital transformation of societies and realise the benefits together with our valued customers. I am confident that we are on the right path and well positioned to make another step closer to our ambition of becoming a Northern European leader within IT services." André RogaczewskiNetcompany CEO and Co-founder Performance highlights for Q4 2020 Revenue increased by 15.2% to DKK 772.7m in reported currencies and by 16.5% in constant currencies.Gross profit margin was 42.4% against 42.3% in Q4 2019.Adjusted EBITA increased 24.3% and yielded a margin of 28.9%.Free cash flow remained strong and improved by 78.8% to DKK 208.9m.Fair value adjustment of the investment in the Netherlands reflects the increase of the total purchase price and impacted net profit negatively by DKK 141.3m.Cash conversion rate was 893.4%. Adjusted for the fair value adjustment to the contingent purchase price and normalised for tax payment, conversion rate was 127.9%.Debt leverage to 12 months rolling adjusted EBITA was 0.6. Financial overviewFor full details on financial performance, see enclosed Company announcement Q4 2020 and the Annual report for 2020. Conference call detailsIn connection with the publication of the results for Q4 2020, Netcompany will host a conference call on 28 January 2021 at 11.00 am CEST. The conference call will be held in English and can be followed live via the company’s website; www.netcompany.com Dial-in details for investors and analysts: DK: +45 78 15 01 08 UK: +44 333 300 9034 US: +1 646 722 4904 Webcast Player URL: https://streams.eventcdn.net/netcompany/2020q4 Additional information André Rogaczewski, CEO +45 70 13 14 40 Thomas Johansen, CFO+45 51 19 32 24 Attachments Netcompany Group Annual Report 2020 Netcompany Group Interim Report Q4 2020
Strong financial performance with free cash flow generation of MUSD 448, operating cost below guidance at USD 2.69 per boe and reduced net debt to USD 3.9 billionBalance sheet re-financed with USD 5 billion corporate facility with significantly improved termsBoard of Directors propose to increase 2020 dividend by 80 percent to USD 1.80 per share corresponding to MUSD 512Record quarterly production in the fourth quarter of 185 Mboepd and 2021 production guidance set between 170 to 190 MboepdJohan Sverdrup Phase 1 plateau production raised to 500 Mbopd gross, with expectation to increase up to 535 Mbopd by mid-2021Edvard Grieg reserves increased by 50 MMboe to 350 MMboe gross 2P ultimate recovery, extending plateau a further year to late 2023Delivering growth with resource additions of 210 percent of production in 2020 and pipeline of new projects with net resources of approximately 200 MMboe being matured for development within the temporary tax incentivesAcceleration of Decarbonisation Strategy achieving carbon neutrality from 2025 from operational emissions Financial summary 1 Jan 2020-31 Dec 202012 months1 Oct 2020-31 Dec 20203 months1 Jan 2019-31 Dec 201912 months1 Oct 2019-31 Dec 20193 monthsProduction in Mboepd164.5185.193.3135.1Revenue and other income in MUSD2,564.4779.72,948.7749.7CFFO in MUSD1,528.0276.71,378.2392.9Per share in USD5.380.974.361.20EBITDAX in MUSD12,140.2708.41,918.4695.5Per share in USD17.532.496.072.45Free cash flow in MUSD448.2-97.51,271.7153.8Per share in USD1.58-0.344.030.54Net result in MUSD384.2303.7824.9155.3Per share in USD1.351.072.610.56Adjusted net result in MUSD280.086.9252.778.9Per share in USD0.990.310.800.28Net debt in MUSD3,911.53,911.54,006.74,006.7 1 Excludes the reported after tax accounting gain of MUSD 756.7 in 2019 on the divestment of a 2.6 percent working interest in the Johan Sverdrup project. Comment from Nick Walker, President and CEO of Lundin Energy:“I’m pleased to report that in 2020 Lundin Energy delivered another strong set of results. Our operations and key projects remain on track, despite the impact of COVID-19 and unprecedented oil price volatility, demonstrating the resilience of our industry leading, low-cost business. “This was a challenging year for all, with the impact from COVID-19 on people’s health, society and of course the global oil market. At Lundin Energy we continue to handle the impact with agility and flexibility, safeguarding our people’s well-being whilst keeping our main business priorities on course. We exited 2020 with record production in the fourth quarter of 185 Mboepd, resulting in annual production of 165 Mboepd at the top end of the original guidance range, despite the production cuts imposed by the Norwegian government. Operating costs were just USD 2.69 per boe, below the guidance for the year. “Our world class assets continue to outperform and production is now set to exceed 200 Mboepd by 2023. Edvard Grieg gross 2P ultimate recovery was raised to 350 MMboe, almost double the original project sanction level. Alongside area tie-back developments this extends the production plateau to end 2023, which I anticipate will go further with upsides and area exploration opportunities. At Johan Sverdrup we reached Phase 1 plateau production ahead of schedule and the facilities capacity has been lifted significantly with an expectation of reaching up to 535 Mbopd gross from mid-2021. This is an increase of 95 Mbopd on design levels, and the full field plateau should increase to 720 Mbopd, when Phase 2 starts up in the fourth quarter of 2022. “Our growth strategy continues to deliver results with total resource additions in 2020 of 210 percent of produced volumes. With a pipeline of nine potential new projects, prioritised for development within the new tax environment, and our active exploration and appraisal programme in 2021, targeting over 300 MMboe of net unrisked resources, I am confident that we can continue to grow resources. “Financially we had a strong year, despite record low oil prices, delivering free cash flow of MUSD 448, covering our 2020 dividend more than 1.4 times, enabling us to deleverage the business at an average realised oil price of USD 40.0 per barrel. Liquidity was further strengthened with the successful refinancing of the business through a USD 5 billion committed corporate facility, with significantly improved terms. I am pleased to note that the Board of Directors is recommending a 80 percent increased dividend of USD 1.80 per share (in total MUSD 512), clearly demonstrating our commitment to sustain and increase shareholder returns. The Company’s policy remains to pay a sustainable dividend even below USD 50 per barrel. “We have also delivered on our Decarbonisation Strategy in 2020. Work continues on the electrification of our key producing assets alongside our investments in renewable energy to offset and replace the electricity we consume. When combined with our natural carbon capture projects, we can now achieve carbon neutrality from 2025; a first for the upstream industry, and showing we can deliver both profitable growth and environmental benefits. “It is an honour to be taking up the reins of this industry-leading Company and I would like to express my deep gratitude to Alex Schneiter for providing exceptional leadership over the past five years. His foresight and ambition means that Lundin Energy is, and will continue to be, at the forefront of the industry. I would like to thank all our stakeholders for their support during this very challenging year. I look forward to reporting on our active 2021 programme and I am encouraged by the outlook for the business, which is well positioned to deliver resilient, sustainable growth into the future.” 2021 Capital Markets Day information Lundin Energy will be hosting its 2021 Capital Markets Day on 28 January 2021 at 14.00 CET (08.00 EST) via a webcast and conference call facility. The Capital Markets Day will include presentations by the Company’s management team on its fourth quarter 2020 financial results, the business strategy, the 2021 budgeted development campaign, its exploration and appraisal programme and decarbonisation strategy. Please follow the event live at www.lundin-energy.com or dial in using the following telephone numbers with the pin code shown below: UK/International:+44 2071 928338Sweden:+46 8 566 184 67Norway:+47 21 56 30 15USA:+1 646 741 3167Access Pin :6247379Webcast link: https://edge.media-server.com/mmc/p/oz7b59c2 Lundin Energy has grown from an oil and gas exploration company into an experienced Nordic energy developer and operator. We continue to explore new ideas, new concepts and new solutions to maintain our position as an industry leader in production efficiency, sustainability and decarbonisation. (NASDAQ Stockholm: LUNE). For more information, please visit us at www.lundin-energy.com or download our App www.myirapp.com/lundin For further information, please contact: Edward WestroppVP Investor RelationsTel: +41 22 595 10 firstname.lastname@example.org Robert ErikssonHead of Media CommunicationsTel: +46 701 11 26 email@example.com This is information that Lundin Energy AB is required to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the contact persons set out above, at 07.31 CET on 28 January 2021. Forward-looking statements Certain statements made and information contained herein constitute “forward-looking information” (within the meaning of applicable securities legislation). Such statements and information (together, “forward-looking statements”) relate to future events, including Lundin Energy’s future performance, business prospects or opportunities. Forward-looking statements include, but are not limited to, statements with respect to estimates of reserves and/or resources, future production levels, future capital expenditures and their allocation to exploration and development activities, future drilling and other exploration and development activities. Ultimate recovery of reserves or resources are based on forecasts of future results, estimates of amounts not yet determinable and assumptions of management. All statements other than statements of historical fact may be forward-looking statements. Statements concerning proven and probable reserves and resource estimates may also be deemed to constitute forward-looking statements and reflect conclusions that are based on certain assumptions that the reserves and resources can be economically exploited. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as “seek”, “anticipate”, “plan”, “continue”, “estimate”, “expect”, “may”, “will”, “project”, “predict”, “potential”, “targeting”, “intend”, “could”, “might”, “should”, “believe” and similar expressions) are not statements of historical fact and may be “forward-looking statements”. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. No assurance can be given that these expectations and assumptions will prove to be correct and such forward-looking statements should not be relied upon. These statements speak only as on the date of the information and Lundin Energy does not intend, and does not assume any obligation, to update these forward-looking statements, except as required by applicable laws. These forward-looking statements involve risks and uncertainties relating to, among other things, operational risks (including exploration and development risks), productions costs, availability of drilling equipment, reliance on key personnel, reserve estimates, health, safety and environmental issues, legal risks and regulatory changes, competition, geopolitical risk, and financial risks. These risks and uncertainties are described in more detail under the heading “Risk management” and elsewhere in Lundin Energy’s Annual Report. Readers are cautioned that the foregoing list of risk factors should not be construed as exhaustive. Actual results may differ materially from those expressed or implied by such forward-looking statements. Forward-looking statements are expressly qualified by this cautionary statement. Attachment Lundin Energy - Year end report 2020 - V2 - 20210128en
Eurofins Technologies (Paris:ERF) and Eurofins Genomics are pleased to announce the launch of two validated assays for the identification of B.1.1.7 (UK) and B.1.351 (South Africa) variants with a short turn-around time.
BOUSSARD & GAVAUDAN HOLDING LIMITED Ordinary Shares The Directors of Boussard & Gavaudan Holding Limited would like to announce the following information for the Company. Close of business 27 Jan 2021. Estimated NAV Euro SharesSterling SharesEstimated NAV€ 25.8330£ 22.6147Estimated MTD return -0.40 % -0.68 %Estimated YTD return -0.40 % -0.68 %Estimated ITD return 158.33 % 126.15 % NAV and returns are calculated net of management and performance fees Market information Euro SharesAmsterdam (AEX)London (LSE)Market Close€ 20.90N/APremium/discount to estimated NAV -19.10 %N/A Sterling SharesAmsterdam (AEX)London (LSE)Market CloseN/AGBX 1,800.00Premium/discount to estimated NAVN/A -20.41 % Transactions in own securities purchased into treasury Ordinary Shares Euro SharesSterling SharesNumber of sharesN/AN/AAverage PriceN/AN/ARange of PriceN/AN/A Liquidity Enhancement AgreementEuro SharesSterling SharesNumber of sharesN/AN/AAverage PriceN/AN/A BGHL Capital BGHL Ordinary SharesEuro SharesSterling SharesShares Outstanding 13,275,769 294,494Held in treasury 217,500N/AShares Issued 13,493,269 294,494 Estimated BG Fund NAV Class B Euro Shares (estimated)€ 216.5269 The Class B Euro Shares of BG Fund are not subject to investment manager fees, as the Investment Manager receives management fees and performance fees in respect of its role as Investment Manager of BGHL. For further information please contact: Boussard & Gavaudan Investment Management, LLP. Emmanuel Gavaudan +44 (0) 20 3751 5389 Email : firstname.lastname@example.org The Company is established as a closed-ended investment company domiciled in Guernsey. The Company has received the necessary approval of the Guernsey Financial Services Commission and the States of Guernsey Policy Council. The Company is registered with the Dutch Authority for the Financial Markets as a collective investment scheme pursuant to article 2:73 in conjunction with 2:66 of the Dutch Financial Supervision Act (Wet op het financieel toezicht). The shares of the Company (the "Shares") are listed on Euronext Amsterdam. The Shares are also listed on the Official List of the UK Listing Authority and admitted to trading on the London Stock Exchange plc's main market for listed securities. This is not an offer to sell or a solicitation of any offer to buy any securities in the United States or in any other jurisdiction. This announcement is not intended to and does not constitute, or form part of, any offer or invitation to purchase any securities or the solicitation of any vote or approval in any jurisdiction, nor shall there be any sale, issuance or transfer of the securities referred to in this announcement in any jurisdiction in contravention of applicable law. Neither the Company nor BG Fund ICAV has been, and neither will be, registered under the US Investment Company Act of 1940, as amended (the "Investment Company Act"). In addition the securities referenced in this announcement have not been and will not be registered under the US Securities Act of 1933, as amended (the "Securities Act"). Consequently any such securities may not be offered, sold or otherwise transferred within the United States or to, or for the account or benefit of, US persons except in accordance with the Securities Act or an exemption therefrom and under circumstances which will not require the issuer of such securities to register under the Investment Company Act. No public offering of any securities will be made in the United States. You should always bear in mind that: all investment is subject to risk; results in the past are no guarantee of future results; the investment performance of BGHL may go down as well as up. You may not get back all of your original investment; and if you are in any doubt about the contents of this communication or if you consider making an investment decision, you are advised to seek expert financial advice. This communication is for information purposes only and the information contained in this communication should not be relied upon as a substitute for financial or other professional advice. Attachment Daily NAV - BgHL