Economy of Australia

Capital Southwest Announces Financial Results for First Fiscal Quarter Ended June 30, 2021 and Announces Increase in Total Dividends to $0.54 per share for the Quarter Ended September 30, 2021

Retrieved on: 
Monday, August 2, 2021

For the quarter ended June 30, 2021, Capital Southwest reported total investment income of $18.6 million, compared to $17.2 million in the prior quarter.

Key Points: 
  • For the quarter ended June 30, 2021, Capital Southwest reported total investment income of $18.6 million, compared to $17.2 million in the prior quarter.
  • For the quarter ended June 30, 2021, interest expense was $5.0 million as compared to $4.7 million in the prior quarter.
  • For the quarter ended June 30, 2021, total pre-tax net investment income was $9.4 million, compared to $8.9 million in the prior quarter.
  • For the quarter ended June 30, 2021, Capital Southwest had tax expense of $0.4 million as compared to $0.9 million in the previous quarter.

CS Energy Named One of New Jersey's Best Places to Work by NJBIZ for Second Consecutive Year

Retrieved on: 
Tuesday, July 13, 2021

This is the second consecutive year that CS Energy has received this recognition in the Medium Companies category (50 249 employees) by NJBIZ, New Jersey's leading business journal.

Key Points: 
  • This is the second consecutive year that CS Energy has received this recognition in the Medium Companies category (50 249 employees) by NJBIZ, New Jersey's leading business journal.
  • Respondents also highlighted the company's numerous team-building events that CS Energy regularly sponsors, such as baseball games and golf tournaments.
  • Recognition as one of New Jersey's Best Places to Work comes at a time of strategic growth for CS Energy.
  • CS Energy is an industry-leading engineering, procurement and construction (EPC) energy firm that designs and builds optimized projects in solar, energy storage, and emerging energy industries.

Japan Construction Industry Forecast (2016 - 2025) across 40+ Market Segments - Expanding Railway Network Construction Activities Drives Infrastructure Market Growth - ResearchAndMarkets.com

Retrieved on: 
Wednesday, July 7, 2021

However, with momentum in the residential sector and increased spending on expanding the railway network of the country, the industry is expected to recover in 2021.

Key Points: 
  • However, with momentum in the residential sector and increased spending on expanding the railway network of the country, the industry is expected to recover in 2021.
  • The decline in the construction sector in 2020 is also reflected in the Gross Domestic Product (GDP) growth of the country.
  • The growth of the infrastructure construction sector will be predominantly driven by the expansion of the railway network in Japan.
  • Market Data and Insights: This report provides market size and forecast across 40+ construction segments for a period of 10 years from 2016-2025 in Japan.

Capital Southwest Announces Financial Results for Fourth Quarter and Fiscal Year Ended March 31, 2021 and Announces Increase in Total Dividends to $0.53 per share for the Quarter Ended June 30, 2021

Retrieved on: 
Tuesday, May 25, 2021

For the quarter ended March 31, 2021, Capital Southwest reported total investment income of $17.2 million, compared to $19.0 million in the prior quarter.

Key Points: 
  • For the quarter ended March 31, 2021, Capital Southwest reported total investment income of $17.2 million, compared to $19.0 million in the prior quarter.
  • For the quarter ended March 31, 2021, total operating expenses (excluding interest expense) were $3.6 million as compared to $4.5 million in the prior quarter.
  • The increase during the quarter was due to an increase in average debt outstanding as compared to the prior quarter.
  • For the quarter ended March 31, 2021, Capital Southwest had tax expense of $0.9 million, compared to $1.5 million in the prior quarter.

Proactive news headlines including Matador Mining, FYI Resources, Antipa Minerals, archTIS and Cobalt Blue

Retrieved on: 
Monday, May 17, 2021

b"Sydney, May 17, 2021 (GLOBE NEWSWIRE) -- Proactive, provider of real-time news and video interviews on growth companies listed in Australia, has covered the following companies:\nMatador Mining Ltd (ASX:MZZ) (OTCMKTS:MZZMF) (FRA:MA3) has completed a secondary listing on the OTCQX market of the OTC Markets in the United States and began trading on Friday, May 14, 2021, under the ticker MZZMF.\nKin Mining NL (ASX:KIN) (FRA:8KM) has updated the mineral resource estimate for the Cardinia Gold Project (CGP) near Leonora, Western Australia, to 30 million tonnes at 1.28 g/t for 1.23 million ounces of contained gold, including updated estimates for Bruno-Lewis and Hobby deposits.\nFYI Resources Ltd (ASX:FYI) (OTCMKTS:FYIRF) (FRA:SDL) has been included on the MSCI Australia Micro Cap Index which is designed to measure the performance of the micro-cap segment of companies traded on the Australian Securities Exchange.\nAntipa Minerals Ltd (ASX:AZY) and partner Rio Tinto Exploration Pty Limited (ASX:RIO) have increased the resource estimate of the Calibre deposit in Western Australia's Paterson Province by 62% to 2.1 million ounces of gold.\nVenture Minerals Limited (ASX:VMS) (OTCMKTS:VTMLF) has begun commissioning the wet screening plant at its Riley Iron Ore Mine in Tasmania after completing various stages of the installation phase.\narchTIS Ltd (ASX:AR9) has secured a contract for the deployment of NC Protect within an Australian national security agency.\nGalileo Mining Ltd (ASX:GAL) has identified intersections of high-value palladium and rhodium from its existing drill hole database with multiple targets developed through a geological interpretation of prospective contact zones.\nCobalt Blue Holdings Ltd (ASX:COB) (OTCMKTS:CBBHF) (FRA:COH) has successfully installed and commissioned its Broken Hill, NSW based Pilot Plant.\nMusgrave Minerals Ltd (ASX:MGV) (OTCMKTS:MGVMF) (FRA:6MU) is higher after receiving further strong results from regional aircore drilling at Big Sky prospect along a new gold corridor southwest of Lena at the flagship Cue Gold Project in Western Australia.\nWith six offices on three continents and a team of experienced business journalists and broadcasters, Proactive works with innovative growth companies quoted on the world\xe2\x80\x99s major stock exchanges, helping executives engage intelligently with investors.\nProactive\xe2\x80\x99 s platform delivers the right message to the right audience, digitally and in real time, leveraging a range of media, investment research, digital investor targeting and website development services to support over 1,000 fast-growing companies globally.\nProactive\xe2\x80\x99s network reaches over 12 million engaged private, professional and institutional investors looking for opportunities.\n\xe2\x80\xa2 Our written and video content is published on Proactive sites that collectively attract up to 10 million views per month.\n\xe2\x80\xa2 We syndicate our content to hundreds of mainstream and specialist news sites that expand our reach into networks that can be difficult for press releases to penetrate.\n\xe2\x80\xa2 We custom build corporate websites from the ground up, empowering clients and their brands with a modern online presence and the latest insight on effective SEO strategy.\n\xe2\x80\xa2 Our news coverage ranks high on the world\xe2\x80\x99s most popular search platforms, and we can further amplify online presence and outreach with sophisticated digital investor targeting.\n\xe2\x80\xa2 We help the world understand what makes companies stand out from the crowd with in-depth investment research from a team of experienced analysts.\nFor more information on how Proactive can help you make a difference, email us at [email protected]\n"

Key Points: 
  • b"Sydney, May 17, 2021 (GLOBE NEWSWIRE) -- Proactive, provider of real-time news and video interviews on growth companies listed in Australia, has covered the following companies:\nMatador Mining Ltd (ASX:MZZ) (OTCMKTS:MZZMF) (FRA:MA3) has completed a secondary listing on the OTCQX market of the OTC Markets in the United States and began trading on Friday, May 14, 2021, under the ticker MZZMF.\nKin Mining NL (ASX:KIN) (FRA:8KM) has updated the mineral resource estimate for the Cardinia Gold Project (CGP) near Leonora, Western Australia, to 30 million tonnes at 1.28 g/t for 1.23 million ounces of contained gold, including updated estimates for Bruno-Lewis and Hobby deposits.\nFYI Resources Ltd (ASX:FYI) (OTCMKTS:FYIRF) (FRA:SDL) has been included on the MSCI Australia Micro Cap Index which is designed to measure the performance of the micro-cap segment of companies traded on the Australian Securities Exchange.\nAntipa Minerals Ltd (ASX:AZY) and partner Rio Tinto Exploration Pty Limited (ASX:RIO) have increased the resource estimate of the Calibre deposit in Western Australia's Paterson Province by 62% to 2.1 million ounces of gold.\nVenture Minerals Limited (ASX:VMS) (OTCMKTS:VTMLF) has begun commissioning the wet screening plant at its Riley Iron Ore Mine in Tasmania after completing various stages of the installation phase.\narchTIS Ltd (ASX:AR9) has secured a contract for the deployment of NC Protect within an Australian national security agency.\nGalileo Mining Ltd (ASX:GAL) has identified intersections of high-value palladium and rhodium from its existing drill hole database with multiple targets developed through a geological interpretation of prospective contact zones.\nCobalt Blue Holdings Ltd (ASX:COB) (OTCMKTS:CBBHF) (FRA:COH) has successfully installed and commissioned its Broken Hill, NSW based Pilot Plant.\nMusgrave Minerals Ltd (ASX:MGV) (OTCMKTS:MGVMF) (FRA:6MU) is higher after receiving further strong results from regional aircore drilling at Big Sky prospect along a new gold corridor southwest of Lena at the flagship Cue Gold Project in Western Australia.\nWith six offices on three continents and a team of experienced business journalists and broadcasters, Proactive works with innovative growth companies quoted on the world\xe2\x80\x99s major stock exchanges, helping executives engage intelligently with investors.\nProactive\xe2\x80\x99 s platform delivers the right message to the right audience, digitally and in real time, leveraging a range of media, investment research, digital investor targeting and website development services to support over 1,000 fast-growing companies globally.\nProactive\xe2\x80\x99s network reaches over 12 million engaged private, professional and institutional investors looking for opportunities.\n\xe2\x80\xa2 Our written and video content is published on Proactive sites that collectively attract up to 10 million views per month.\n\xe2\x80\xa2 We syndicate our content to hundreds of mainstream and specialist news sites that expand our reach into networks that can be difficult for press releases to penetrate.\n\xe2\x80\xa2 We custom build corporate websites from the ground up, empowering clients and their brands with a modern online presence and the latest insight on effective SEO strategy.\n\xe2\x80\xa2 Our news coverage ranks high on the world\xe2\x80\x99s most popular search platforms, and we can further amplify online presence and outreach with sophisticated digital investor targeting.\n\xe2\x80\xa2 We help the world understand what makes companies stand out from the crowd with in-depth investment research from a team of experienced analysts.\nFor more information on how Proactive can help you make a difference, email us at [email protected]\n"

uniQure announces closing of commercialization and license agreement with CSL Behring

Retrieved on: 
Thursday, May 6, 2021

The agreement was contingent on completion of review under antitrust laws in the United States, Australia, and the United Kingdom.

Key Points: 
  • The agreement was contingent on completion of review under antitrust laws in the United States, Australia, and the United Kingdom.
  • Clinical development and regulatory activities performed by uniQure under the agreement will be reimbursed by CSL Behring.
  • CSL Behring will be responsible for regulatory submissions and commercialization of etranacogene dezaparvovec.\nuniQure is delivering on the promise of gene therapy \xe2\x80\x93 single treatments with potentially curative results.
  • www.uniQure.com\nAs a CSL Limited (ASX:CSL;USOTC:CSLLY) company, CSL Behring is a global biotherapeutics leader delivering lifesaving medicines to patients with rare and serious diseases.

Penn State's Industrial Biotechnology Ecosystem Continues to Bloom

Retrieved on: 
Tuesday, April 13, 2021

b'STATE COLLEGE, Pa., April 13, 2021 /PRNewswire/ --In just 30 months and despite facing a global pandemic, Penn State and collaborating companies have successfully established and advanced the industrial biotechnology ecosystem and talent pipeline at the university.\nThe new era of Penn State\'s industrial biotechnology ecosystem officially began in March 2017, when CSL Behring gave $4.92M establishing the Center of Excellence in Industrial Biotechnology (CoEIB) and The CSL Behring Fermentation Facility.

Key Points: 
  • b'STATE COLLEGE, Pa., April 13, 2021 /PRNewswire/ --In just 30 months and despite facing a global pandemic, Penn State and collaborating companies have successfully established and advanced the industrial biotechnology ecosystem and talent pipeline at the university.\nThe new era of Penn State\'s industrial biotechnology ecosystem officially began in March 2017, when CSL Behring gave $4.92M establishing the Center of Excellence in Industrial Biotechnology (CoEIB) and The CSL Behring Fermentation Facility.
  • "\nIn 2017, while touring the construction site of the fermentation facility, Paul Perreault, CEO and Managing Director of CSL Limited, asked Penn State research leaders what they thought was next for Penn State\'s biotechnology ecosystem.
  • "Incorporating cell culture within The Center of Excellence in Industrial Biotechnology at Penn State mirrors the industry\'s growth in many ways.
  • "\nIn just 30 months and despite facing a global pandemic, Penn State and collaborating companies such as CSL Behring and Sartorius, have successfully established and advanced the industrial biotechnology ecosystem and talent pipeline at the university.\nBut the work is far from being over.\nFor more information about The Center of Excellence in Industrial Biotechnology, visit our website.

Stantec signs letter of intent to acquire Engenium, deepening sustainable mining project delivery and advisory service capabilities in Australia

Retrieved on: 
Thursday, April 8, 2021

Engenium and Stantec share a passion for applying sustainable best practices to projects across the globe, said Gord Johnston, President and Chief Executive Officer, Stantec.

Key Points: 
  • Engenium and Stantec share a passion for applying sustainable best practices to projects across the globe, said Gord Johnston, President and Chief Executive Officer, Stantec.
  • Its exciting to welcome Engenium to our team as we look to add depth and expertise to our existing mining business in Australia and beyond.
  • Engeniums experience in mine development, mineral processing, and renewable energy operations builds on our track record of sustainable project delivery and support of energy transition.
  • Chichester Solar/Gas Hybrid Energy Project - Engenium managed the construction execution of the Alinta Energy Chichester Solar/Gas Hybrid Energy Project in the Pilbara region of Western Australia.

Brookmount Explorations, Inc. Announces Agreement to Acquire South African Gold Assets

Retrieved on: 
Wednesday, March 31, 2021

The assets were formerly listed on the Australian Stock Exchange ("ASX") under the name Vantage Goldfields.

Key Points: 
  • The assets were formerly listed on the Australian Stock Exchange ("ASX") under the name Vantage Goldfields.
  • Brookmount will additionally provide funding of up to $10 million to complete the Rescue restructuring and operational relaunch.
  • Board Composition: On closing of the proposed merger between Vantage and Brookmount, a minimum of 2 directors from Macquarie Metals will be appointed to the Brookmount Board.
  • The Company has also established an office in Melbourne, Australia and is actively seeking expansion opportunities in established gold markets.

NovaBay Pharmaceuticals Reports 2020 Fourth Quarter and Full Year Financial Results

Retrieved on: 
Thursday, March 25, 2021

Net product revenue for the fourth quarter of 2020 was $1.9 million, a 10% increase from $1.7 million for the fourth quarter of 2019.

Key Points: 
  • Net product revenue for the fourth quarter of 2020 was $1.9 million, a 10% increase from $1.7 million for the fourth quarter of 2019.
  • Avenova revenue for the fourth quarter of 2020 was $1.5 million compared with $1.7 million for the fourth quarter of 2019.
  • Operating expenses for the fourth quarter of 2020 were $2.8 million, compared with $3.3 million for the fourth quarter of 2019.
  • Research and development (R&D) expenses for the fourth quarter of 2020 were $36 thousand, compared with $18 thousand for the fourth quarter of 2019.