Balance sheet

Bamboo Equity Partners Launches Corporate Real Estate Solution Initiative

Wednesday, August 5, 2020 - 7:29pm

Bamboo Equity Partners, a private equity real estate investment firm that acquires, develops and operates office and industrial properties throughout the United States has announced its corporate real estate solution initiative.

Key Points: 
  • Bamboo Equity Partners, a private equity real estate investment firm that acquires, develops and operates office and industrial properties throughout the United States has announced its corporate real estate solution initiative.
  • Under this umbrella, Bamboo Equity Partners will help companies improve their balance sheets by purchasing office and industrial real estate assets and entering into both long and short-term sale leasebacks.
  • "Many companies have a large portion of their equity tied up in their real estate assets, despite not being in the business of real estate.
  • In a sale-leaseback, a company sells its real estate to an investor like Bamboo Equity Partners for cash and simultaneously enters into a new lease on the property.

KLA Corporation Reports Fiscal 2020 Fourth Quarter Results And Raises Dividend Level

Monday, August 3, 2020 - 9:05pm

The non-GAAP information is among the budgeting and planning tools that management uses for future forecasting.

Key Points: 
  • The non-GAAP information is among the budgeting and planning tools that management uses for future forecasting.
  • Management believes excluding these items helps investors compare our operating performance with our results in prior periods.
  • Goodwill impairment includes non-cash expense recognized as a result of KLA's annual testing for goodwill impairment performed in the third quarter of the fiscal year.
  • Management believes excluding these items helps investors compare our operating performance with our results in prior periods as well as with the performance of other companies.

DGAP-News: BAUER Aktiengesellschaft: BAUER Group ends deep drilling technology joint venture with Schlumberger

Monday, August 3, 2020 - 9:01am

Since 2015, Schlumberger participated in two companies within the BAUER Group with a cash capital increase of 49%: BAUER Manufacturing LLC in the USA and BAUER Deep Drilling GmbH in Germany.

Key Points: 
  • Since 2015, Schlumberger participated in two companies within the BAUER Group with a cash capital increase of 49%: BAUER Manufacturing LLC in the USA and BAUER Deep Drilling GmbH in Germany.
  • Due to termination of the joint venture, the BAUER Group has already taken over all shares in both companies.
  • Moreover, goodwill no longer needs to be reported for the participations in the balance sheet of the BAUER Group.
  • The BAUER Group is a leading provider of services, equipment and products related to ground and groundwater.

Varian Reports Results for Third Quarter of Fiscal Year 2020

Sunday, August 2, 2020 - 8:55am

The company ended the quarter with $769 million in cash and cash equivalents and $580 million in debt.

Key Points: 
  • The company ended the quarter with $769 million in cash and cash equivalents and $580 million in debt.
  • Gross orders in the Americas were down 8%, including North America, which was down 6%.
  • In light of the announced transaction with Siemens Healthineers, Varian has cancelled its third quarter fiscal year 2020 earnings conference call previously scheduled for 4:30 PM ET on August 5, 2020.
  • Varian has not filed its Form 10-Q for the period ended July3, 2020.

Jushi Holdings Inc. Announces Additional Upsizing of Debt Financing

Friday, July 31, 2020 - 2:15pm

To date, Jushi has closed on US$33.3 million of subscription receipts and has received US$27.8 million in cash proceeds.

Key Points: 
  • To date, Jushi has closed on US$33.3 million of subscription receipts and has received US$27.8 million in cash proceeds.
  • Jim Cacioppo, Chairman and Chief Executive Officer of Jushi Holdings Inc., stated, "Im pleased with the demand we have seen throughout this recent financing.
  • This debt raise solidifies our balance sheet and provides ample liquidity to support our rapid expansion in the high-quality markets that we operate in today.
  • All Notes will mature on January 15, 2023 and will bear interest of 10.0% per annum payable in cash quarterly.

DGAP-News: PIERER Mobility AG: Purchase of a 35% stake in the digital trading platform DealerCenter by using treasury shares

Thursday, July 30, 2020 - 5:02pm

The management board of PIERER Mobility AG ( www.pierermobility.com ) has decided to sell treasury shares on the basis of the buyback and resale authorization for treasury shares granted by the extraordinary general meeting on October 4, 2019.

Key Points: 
  • The management board of PIERER Mobility AG ( www.pierermobility.com ) has decided to sell treasury shares on the basis of the buyback and resale authorization for treasury shares granted by the extraordinary general meeting on October 4, 2019.
  • It is intended to pay the purchase price and the redemption of the shareholder loan in the total amount of EUR 1,509,693.75 by transferring treasury shares of the company to PIAG.
  • Intended volume to be sold: 30,703 treasury shares of PIERER Mobility AG (approximately 0.136% of the share capital).
  • THIS ANNOUNCEMENT DOES NEITHER CONSTITUTE AN OFFER TO SELL NOR AN INTIMATION TO SUBMIT A PROPOSAL FOR THE ACQUISITION OF SECURITIES OF PIERER MOBILITY AG.

Garmin® issues statement on recent outage

Monday, July 27, 2020 - 5:30pm

We have no indication that any customer data, including payment information from Garmin Pay, was accessed, lost or stolen.

Key Points: 
  • We have no indication that any customer data, including payment information from Garmin Pay, was accessed, lost or stolen.
  • Additionally, the functionality of Garmin products was not affected, other than the ability to access online services.
  • We do not expect any material impact to our operations or financial results because of this outage.
  • Garmin is a registered trademark and Garmin Pay is a trademark of Garmin Ltd. or its subsidiaries.

Celsius is Closing its Funding Round With Over $18.8M

Friday, July 24, 2020 - 9:22pm

LONDON, July 24, 2020 /PRNewswire/ -- Celsius Network , the interest-earning platform, has today announced that it will be closing its equity funding round with over $18.8M in investments.

Key Points: 
  • LONDON, July 24, 2020 /PRNewswire/ -- Celsius Network , the interest-earning platform, has today announced that it will be closing its equity funding round with over $18.8M in investments.
  • Celsius Network had recently announced the extension of their fundraising goal of $17M through BnkToTheFuture, and have well exceeded their expectations from their community participation in this raise.
  • Celsius has previously announced that it has raised $10m from www.Tether.to at a $120m pre money valuation and further decided to give its community access to Celsius' equity via BnkToTheFuture.
  • Qualified investors were able to participate in their equity round with as little as $1,000.

Detechtion Technologies Announces Release of Enalysis Version 5.0

Friday, July 24, 2020 - 3:00pm

"For performance management of compressor fleets, Detechtion will continue to progress our standing in the market," said Eric Neason, Senior Vice President of Product & Services.

Key Points: 
  • "For performance management of compressor fleets, Detechtion will continue to progress our standing in the market," said Eric Neason, Senior Vice President of Product & Services.
  • "Enalysis Version 5.0 serves as a milestone to Detechtion's continued commitment of delivering value for our customers, highlighting investment back into its products and services, and ensuring long-term sustainability."
  • Since 1999, thousands of users have depended on Detechtion Technologies to optimize over 10,000 assets worldwide.
  • Detechtion, Enalysis, Enbase, and Fieldlink are registered or unregistered trademarks of Detechtion Technologies in the U.S. and other countries.

Fair Isaac Corporation Announces Date for Reporting of Third Quarter Fiscal 2020 Financial Results

Wednesday, July 22, 2020 - 9:15pm

This call will be webcast and can be accessed at FICO's website at www.fico.com/investors .

Key Points: 
  • This call will be webcast and can be accessed at FICO's website at www.fico.com/investors .
  • A replay of the webcast will be available at our Event Calendar under Past Events throughJuly 29, 2021.
  • FICO is a registered trademark of Fair Isaac Corporation in the US and other countries.
  • If any of these risks or uncertainties materializes, FICO's results could differ materially from its expectations.