DPW

Ault Global Holdings to Announce Third Quarter 2021 Results and Host Earnings Webcast on November 18, 2021

Retrieved on: 
火曜日, 11月 16, 2021

During the call, Mr. Ault and Mr. Horne will discuss the financial performance and outlook of the Company and its subsidiaries as well as other forward-looking matters.

Key Points: 
  • During the call, Mr. Ault and Mr. Horne will discuss the financial performance and outlook of the Company and its subsidiaries as well as other forward-looking matters.
  • Following the prepared remarks, the Company may answer questions received prior to the conference call and may host a brief Q&A session, if time allows.
  • Ault Global Holdings, Inc. is a diversified holding company pursuing growth by acquiring undervalued businesses and disruptive technologies with a global impact.
  • Ault Global Holdings headquarters are located at 11411 Southern Highlands Parkway, Suite 240, Las Vegas, NV 89141; www.AultGlobal.com .

Intact Financial Corporation Bolsters its Global Specialty Lines Business

Retrieved on: 
木曜日, 11月 11, 2021

"As we've shared from the start, the combined strength that Intact and RSA bring in global specialty lines enhances what we can offer to customers and brokers," said T. Michael Miller, Chief Executive Officer, Global Specialty Lines.

Key Points: 
  • "As we've shared from the start, the combined strength that Intact and RSA bring in global specialty lines enhances what we can offer to customers and brokers," said T. Michael Miller, Chief Executive Officer, Global Specialty Lines.
  • About Intact Insurance Specialty Solutions:Throughout the United States, Intact Insurance Specialty Solutions' underwriting companies offer a broad range of specialty insurance products through independent agencies, regional and national brokers, wholesalers and managing general agencies.
  • Intact Insurance Specialty Solutions is the marketing brand for the insurance company subsidiaries of Intact Insurance Group USA LLC, a member of Intact Financial Corporation (TSX: IFC), the largest provider of property and casualty insurance in Canada and a leading specialty insurance carrier in North America.
  • For information about Intact Insurance Specialty Solutions products and services available in Canada, visit: intactspecialty.ca and for information about Intact Financial Corporation, visit: intactfc.com

Intact Financial Corporation Bolsters its Global Specialty Lines Business

Retrieved on: 
木曜日, 11月 11, 2021

RSA's London Market and European businesses will become part of Intact Global Specialty Lines.

Key Points: 
  • RSA's London Market and European businesses will become part of Intact Global Specialty Lines.
  • "As we've shared from the start, the combined strength that Intact and RSA bring in global specialty lines enhances what we can offer to customers and brokers," said T. Michael Miller, Chief Executive Officer, Global Specialty Lines.
  • "Today, the North American specialty business spans across 20 different segments with deep specialized underwriting, claims and risk control expertise.
  • Intact Financial Corporation (TSX: IFC) is the largest provider of property and casualty (P&C) insurance in Canada, a leading provider of global specialty insurance, and, with RSA, a leader in the U.K. and Ireland.

Ault Global Holdings’ Subsidiary BitNile Enters into Partnership with Bitmain

Retrieved on: 
水曜日, 11月 10, 2021

Ault Global Holdings, Inc. (NYSE American: DPW), a diversified holding company (the Company), announced today that its subsidiary, BitNile, Inc. (BitNile), has entered into a partnership with Bitmain, Inc. (Bitmain), with the acquisition of Bitmains first environmentally friendly S19XP Antminers that feature a processing power of 140 terahashes per second (TH/s) with an energy consumption of 3.1 kilowatt-hours (kWh).

Key Points: 
  • Ault Global Holdings, Inc. (NYSE American: DPW), a diversified holding company (the Company), announced today that its subsidiary, BitNile, Inc. (BitNile), has entered into a partnership with Bitmain, Inc. (Bitmain), with the acquisition of Bitmains first environmentally friendly S19XP Antminers that feature a processing power of 140 terahashes per second (TH/s) with an energy consumption of 3.1 kilowatt-hours (kWh).
  • BitNile is one of only five companies worldwide authorized to acquire and deploy this disruptive technology from Bitmain, the worlds leading manufacturer and producer in the digital mining sector.
  • Ault Global Holdings, Inc. is a diversified holding company pursuing growth by acquiring undervalued businesses and disruptive technologies with a global impact.
  • Ault Global Holdings headquarters are located at 11411 Southern Highlands Parkway, Suite 240, Las Vegas, NV 89141; www.AultGlobal.com .

Best’s Market Segment Report: Near-Term Profitability Still Elusive for U.S. Commercial Auto Insurance Writers

Retrieved on: 
月曜日, 11月 8, 2021

The Bests Market Segment Report, titled, Near-Term Profitability Still Elusive for U.S. Commercial Auto Writers, states that despite several years of price increases and corrective underwriting actions, the sectors combined ratio for commercial auto has not been below 100.0 since 2010.

Key Points: 
  • The Bests Market Segment Report, titled, Near-Term Profitability Still Elusive for U.S. Commercial Auto Writers, states that despite several years of price increases and corrective underwriting actions, the sectors combined ratio for commercial auto has not been below 100.0 since 2010.
  • This decline outstripped an increase in policyholder dividends, which rose nearly four-fold in 2020 as some commercial auto insurers reduced premiums or paid out higher dividends.
  • From 2010-2019, commercial auto direct premiums rose, but pricing did not keep up with increasing loss costs and risk factors, leading to unprofitable results.
  • AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry.

Ault Global Holdings’ Subsidiary Gresham Worldwide Books Orders Totaling Approximately $15.2 Million During the Last Two Quarters

Retrieved on: 
金曜日, 11月 5, 2021

Ault Global Holdings, Inc. (NYSE American: DPW), a diversified holding company (the Company), today announced that its global defense business, Gresham Worldwide, Inc. (Gresham), booked orders for over $15.3 million in the two quarters ended September 30, 2021.

Key Points: 
  • Ault Global Holdings, Inc. (NYSE American: DPW), a diversified holding company (the Company), today announced that its global defense business, Gresham Worldwide, Inc. (Gresham), booked orders for over $15.3 million in the two quarters ended September 30, 2021.
  • The global defense business remained relatively strong throughout the pandemic in 2020, but pent-up demand has driven increased bookings activity at Gresham in 2021.
  • Ault Global Holdings headquarters are located at 11411 Southern Highlands Parkway, Suite 240, Las Vegas, NV 89141.
  • Gresham Worldwide, Inc. is a private holding company that owns Enertec Systems 2001 Ltd, RELEC Electronics Ltd, Microphase Corporation and Gresham Power Electronics Ltd.

Ault Global Holdings Announces BitNile Achieves an Annual Run Rate of $14 Million to $15 Million in Bitcoin Mining Production

Retrieved on: 
金曜日, 10月 29, 2021

Milton Todd Ault, III, the Companys Executive Chairman, stated, We are very pleased to achieve our projected growth and look forward to a steady progression in bitcoin mining production and revenue.

Key Points: 
  • Milton Todd Ault, III, the Companys Executive Chairman, stated, We are very pleased to achieve our projected growth and look forward to a steady progression in bitcoin mining production and revenue.
  • We are excited about our future reporting and the transparency we believe that is important to our partners and shareholders.
  • Ault Global Holdings, Inc. is a diversified holding company pursuing growth by acquiring undervalued businesses and disruptive technologies with a global impact.
  • Ault Global Holdings headquarters are located at 11411 Southern Highlands Parkway, Suite 240, Las Vegas, NV 89141; www.AultGlobal.com .

Ault Global Holdings’ Subsidiary, TurnOnGreen, Announces Launch of New EV Residential Charger for the U.S. Market

Retrieved on: 
木曜日, 10月 28, 2021

Its release follows the recent launch of TurnOnGreens commercial EV charging product line in September 2021.

Key Points: 
  • Its release follows the recent launch of TurnOnGreens commercial EV charging product line in September 2021.
  • The EVP700-B is an ultra-compact, level 2 EV charging solution that I believe is a perfect fit for the massive residential charging market.
  • Ault Global Holdings, Inc. is a diversified holding company pursuing growth by acquiring undervalued businesses and disruptive technologies with a global impact.
  • Ault Global Holdings headquarters are located at 11411 Southern Highlands Parkway, Suite 240, Las Vegas, NV 89141; www.AultGlobal.com .

Ault Global Holdings Announces Its Subsidiary, BitNile, Inc., Will Begin Providing Bitcoin Production and Mining Operation Updates on November 15, 2021

Retrieved on: 
水曜日, 10月 27, 2021

The Company recently reported that it is currently mining approximately $10 million worth of BTC on an annualized run rate basis based on current market conditions.

Key Points: 
  • The Company recently reported that it is currently mining approximately $10 million worth of BTC on an annualized run rate basis based on current market conditions.
  • The Company further stated that it anticipates that the production of BTC will grow to about $15 million on an annualized basis by the end of October.
  • Ault Global Holdings, Inc. is a diversified holding company pursuing growth by acquiring undervalued businesses and disruptive technologies with a global impact.
  • Ault Global Holdings headquarters are located at 11411 Southern Highlands Parkway, Suite 240, Las Vegas, NV 89141; www.AultGlobal.com .

Ault Global Holdings Announces Update from Its Subsidiary, BitNile

Retrieved on: 
木曜日, 10月 21, 2021

Ault Global Holdings, Inc. (NYSE American: DPW), a diversified holding company (the Company), announced that its subsidiary, BitNile, Inc. (BitNile), is currently mining approximately $10 million worth of Bitcoin on an annualized run rate basis based on current market conditions.

Key Points: 
  • Ault Global Holdings, Inc. (NYSE American: DPW), a diversified holding company (the Company), announced that its subsidiary, BitNile, Inc. (BitNile), is currently mining approximately $10 million worth of Bitcoin on an annualized run rate basis based on current market conditions.
  • The Company notes that the current market value of Bitcoin is approximately $66,000 and believes that gross proceeds may reach approximately $64 million annually.
  • Ault Global Holdings, Inc. is a diversified holding company pursuing growth by acquiring undervalued businesses and disruptive technologies with a global impact.
  • Ault Global Holdings headquarters are located at 11411 Southern Highlands Parkway, Suite 240, Las Vegas, NV 89141; www.AultGlobal.com .