Financial condition report

Jacobs to Manage Intelligent Transportation System for Florida's Turnpike

Retrieved on: 
Thursday, September 7, 2023
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DALLAS, Sept. 7, 2023 /PRNewswire/ -- Jacobs (NYSE:J) was selected to operate and maintain Intelligent Transportation Systems (ITS) and manage traffic operations for Florida's Turnpike Enterprise, a division of the Florida Department of Transportation. Jacobs will operate, manage and maintain more than 500 miles of ITS-connected roadway infrastructure across the state. 

Key Points: 
  • DALLAS, Sept. 7, 2023 /PRNewswire/ -- Jacobs (NYSE:J) was selected to operate and maintain Intelligent Transportation Systems (ITS) and manage traffic operations for Florida's Turnpike Enterprise, a division of the Florida Department of Transportation.
  • Jacobs will operate, manage and maintain more than 500 miles of ITS-connected roadway infrastructure across the state.
  • With full-time staff in place at turnpike locations, Jacobs will manage traffic operations, perform traffic engineering services, operate and manage ITS infrastructure including maintenance contracts, network and data security.
  • Jacobs also will manage contingency plans and response for emergencies and weather events and work with Florida's Turnpike Enterprise to consider and evaluate advanced data systems to improve safety and mobility on the transportation network.

Hilton Grand Vacations Provides Update on Impact from Maui Wildfires

Retrieved on: 
Tuesday, September 5, 2023
Philanthropy, Other Travel, Lodging, Destinations, Travel, Construction & Property, Environment, Fund Raising, Other Transport, Natural Disasters, REIT, Transport, Other Philanthropy, Insurance, Communication, Aloha, Housing, Face, Result, Hilton Grand Vacations, Wildfire, Financial condition report, Tax, Fire, Risk, Organization, Annual report, Marriott's Ko Olina Beach Club, Island, Analysis, Growth, Bank, HGV, NYSE, Team, Conference, Hotel, Risk management

Hilton Grand Vacations Inc. (NYSE:HGV) (“HGV” or “the Company”) today provided an update on its business in Hawaii following the recent wildfires on Maui.

Key Points: 
  • Hilton Grand Vacations Inc. (NYSE:HGV) (“HGV” or “the Company”) today provided an update on its business in Hawaii following the recent wildfires on Maui.
  • Neither Maui property sustained physical damage, and the Company maintains business interruption insurance at both properties.
  • “The devastation that we’ve seen from the recent wildfires is tragic, and our thoughts are with the people of Maui, including our many team members who live and work on the island,” said Mark Wang, president and CEO of Hilton Grand Vacations.
  • As Maui begins the process of rebuilding, we’re providing support to the local community, our affected team members, and our club members.

Jacobs to Manage Austin Independent School District Modernization Program

Retrieved on: 
Tuesday, September 5, 2023
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DALLAS, Sept. 5, 2023 /PRNewswire/ -- Jacobs (NYSE: J) was selected by Austin Independent School District (ISD) in Austin, Texas to provide program management services in support of the district's capital improvement program. The program will implement more than $2.4 billion in capital works for Austin ISD facilities including modernization of 25 schools through full or phased renovations, districtwide security improvements, technology upgrades and maintenance.

Key Points: 
  • DALLAS, Sept. 5, 2023 /PRNewswire/ -- Jacobs (NYSE: J) was selected by Austin Independent School District (ISD) in Austin, Texas to provide program management services in support of the district's capital improvement program.
  • Jacobs was chosen as one of three program managers that will each lead a segment of the capital improvement program.
  • Jacobs' five-year contract is to manage approximately $517 million worth of capital projects, specifically overseeing the development of ten schools within Austin ISD.
  • Jacobs previously provided program management services in support of Austin ISD's $450 million "Children First Bond Program" between 1996 and 2001.

Polestar Reports Results for the Second Quarter, Expects Continued Strong Momentum for the Rest of the Year

Retrieved on: 
Thursday, August 31, 2023
General Automotive, EV, Electric Vehicles, Automotive, Polestar 2, Polestar, Growth, Financial condition report, Analysis, Consolidated, Automotive industry, Goodwood Festival of Speed, Multimedia, Result, National Speed Limits (Malaysia), Cryptocurrency

Polestar Automotive Holding UK PLC (“Polestar”, Nasdaq: PSNY), the Swedish electric performance car brand, today reports its results for the second quarter of 2023.

Key Points: 
  • Polestar Automotive Holding UK PLC (“Polestar”, Nasdaq: PSNY), the Swedish electric performance car brand, today reports its results for the second quarter of 2023.
  • With record global deliveries of 27,841 for the first six months, Polestar still expects to deliver 60,000-70,000 vehicles and a gross margin of 4% in 2023.
  • Thomas Ingenlath, Polestar CEO, comments: “We achieved record volume growth during the second quarter.
  • Polestar management will hold a live audio webcast today, 31 August 2023 at 08:00 EDT (14:00 CEST) to discuss the Company’s results and outlook.

Genesco Inc. Reports Fiscal 2024 Second Quarter Results

Retrieved on: 
Thursday, August 31, 2023
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Adjusted operating margin was (1.9)% of sales in the second quarter of Fiscal 2024 and 1.9% in the second quarter last year.

Key Points: 
  • Adjusted operating margin was (1.9)% of sales in the second quarter of Fiscal 2024 and 1.9% in the second quarter last year.
  • The effective tax rate for the quarter was 23.1% in Fiscal 2024 compared to 11.3% in the second quarter last year.
  • GAAP loss from continuing operations was ($31.6) million in the second quarter of Fiscal 2024 compared to earnings from continuing operations of $7.7 million in the second quarter last year.
  • Total debt at the end of the second quarter of Fiscal 2024 was $131.5 million compared with $48.9 million at the end of last year’s second quarter.

Indiva Reports Second Quarter 2023 Results

Retrieved on: 
Tuesday, August 29, 2023
Cannabis, Retail, Health, Natural Resources, General Health, Food, Beverage, Dark, Cream, Cannabis Act, Citrus, Marketing, International Financial Reporting Standards, Analysis, Management, Ageing, Supply, News, Automation, Lozenge, Edible, Pomegranate, FINANCIAL, No Future, OCS, Research, CBG, CBN, Limited, Growth, THC, International, Commitment, Financial condition report, Granny Smith, SKU, CBD, Farley's & Sathers Candy Company, Result, Bank statement, Cannabinoid, Health Canada, Conversation, Stock, Sale, EBITDA, Cryptocurrency, Gasoline, Pharmaceutical industry, Oil, Security (finance), Silviculture, Fine chemical, Doppio, Q2, Indiva, Pearl, Canopy

Indiva Limited (the "Company" or "Indiva") (TSXV:NDVA), the leading Canadian producer of cannabis edibles and other cannabis products, is pleased to announce its financial and operating results for the second fiscal quarter ended June 30, 2023.

Key Points: 
  • Indiva Limited (the "Company" or "Indiva") (TSXV:NDVA), the leading Canadian producer of cannabis edibles and other cannabis products, is pleased to announce its financial and operating results for the second fiscal quarter ended June 30, 2023.
  • Gross revenue in Q2 2023 was $8.1 million, representing a 21.6% sequential decrease from Q1 2023, and an 8.5% decrease year-over-year from Q2 2022.
  • Data from Hifyre Inc. for the second quarter of 2023 shows strong sell-through of Indiva's edible products.
  • Baked Goods: Indiva led the baked goods category with 67.0% sub-category share, driven by the success of Doppio, formerly Indiva Life Double-Stuffed Sandwich Cookies.

ADTRAN Holdings, Inc. to Meet with Investors at the German Fall Conference 2023 – Equity Forum on September 4-5, 2023

Retrieved on: 
Tuesday, August 29, 2023
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ADTRAN Holdings, Inc. (NASDAQ: ADTN; FSE: QH9), announced today that Company representatives will meet with investors at the Germany Fall Conference 2023 – Equity Forum in Frankfurt, Germany, September 4-5, 2023.

Key Points: 
  • ADTRAN Holdings, Inc. (NASDAQ: ADTN; FSE: QH9), announced today that Company representatives will meet with investors at the Germany Fall Conference 2023 – Equity Forum in Frankfurt, Germany, September 4-5, 2023.
  • ADTRAN representatives will discuss company performance and current industry trends that may affect the market and ADTRAN’s business.
  • The matters discussed at this conference may include certain forward-looking statements that represent the Company’s expectations or beliefs and reflect management’s best judgment based on factors currently known.
  • These statements by their nature involve substantial risks and uncertainties, which may be beyond the Company’s control.

Telos Corporation Awarded Five-Year Contract with Defense Information Systems Agency

Retrieved on: 
Tuesday, August 22, 2023
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ASHBURN, Va., Aug. 22, 2023 (GLOBE NEWSWIRE) -- Telos Corporation (NASDAQ: TLS), a leading provider of cyber, cloud and enterprise security solutions for the world’s most security-conscious organizations, announced today a five-year contract with the Defense Information Systems Agency (DISA) for the Telos Automated Message Handling System (AMHS) to support the distribution and processing of various reports and other critical information.

Key Points: 
  • ASHBURN, Va., Aug. 22, 2023 (GLOBE NEWSWIRE) -- Telos Corporation (NASDAQ: TLS), a leading provider of cyber, cloud and enterprise security solutions for the world’s most security-conscious organizations, announced today a five-year contract with the Defense Information Systems Agency (DISA) for the Telos Automated Message Handling System (AMHS) to support the distribution and processing of various reports and other critical information.
  • A widely-used organizational messaging solution in the U.S. Department of Defense, Telos AMHS supports organizations around the world, including the Joint Chiefs of Staff, Combatant Commands, Military Services, Defense Agencies and the Intelligence Community.
  • Telos AMHS immediately routes incoming messages to the right desktop and creates an archive of all arriving traffic for future reference.
  • “DISA is one of our longest-standing customers, and we’re pleased to continue to support their organizational communications,” said John B.

Jacobs Secures National Grid Management Consultancy Framework

Retrieved on: 
Tuesday, August 22, 2023
National Grid Corporation of the Philippines, Private sector, Bloomberg Global Business Forum, Infrastructure Investment and Jobs Act, Result, Risk, COVID-19, Financial condition report, Adani Transmission, Conversation, Multimedia, Government, NYSE, National Grid, Annual report, Analysis, Management, City, Security (finance), Renewable energy

DALLAS, Aug. 22, 2023 /PRNewswire/ -- Jacobs (NYSE:J) has been appointed to National Grid's new General Management Consultancy Framework to support the energy utility's business service operations needs in the U.K. and U.S.

Key Points: 
  • DALLAS, Aug. 22, 2023 /PRNewswire/ -- Jacobs (NYSE:J) has been appointed to National Grid 's new General Management Consultancy Framework to support the energy utility's business service operations needs in the U.K. and U.S.
    Jacobs will provide service operations support across National Grid to help improve core business functionality, including strategic development, business planning, process improvement and implementation support.
  • Extending Jacobs' more than 15-year relationship with National Grid through this framework will unlock better outcomes," said Jacobs Senior Vice President for Global Business Units Koti Vadlamudi.
  • In the U.K., Jacobs has supported National Grid in multiple ways.
  • For example, the Design & Project Services Framework across National Grid's Transmission portfolio, and the Jacobs/Morrison Energy Services Joint Venture (J1M) provide a range of services on National Grid's Electricity Transmission Engineering Procurement Construction Framework - Substations Lot .

SAIC Announces Strategic Collaboration Agreement with AWS

Retrieved on: 
Monday, August 21, 2023
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Science Applications International Corp. (NYSE: SAIC ) today announced that it has signed a Strategic Collaboration Agreement (SCA) with Amazon Web Services (AWS) to provide industry-leading services, resources and expertise to help government customers better utilize SAIC’s secure cloud solutions in AWS GovCloud.

Key Points: 
  • Science Applications International Corp. (NYSE: SAIC ) today announced that it has signed a Strategic Collaboration Agreement (SCA) with Amazon Web Services (AWS) to provide industry-leading services, resources and expertise to help government customers better utilize SAIC’s secure cloud solutions in AWS GovCloud.
  • “AWS and SAIC share a commitment to providing government customers with offerings that support sensitive workloads both locally and at the edge,” said Dave Levy, vice president of US Federal, Worldwide Public Sector, AWS.
  • “Through our multi-year agreement, AWS will collaborate with SAIC to deliver purpose-built solutions that will accelerate government agencies’ abilities to modernize on AWS, as well as accelerate critical decision making.”
    “The agreement between AWS and SAIC is great news for government agencies,” says Adelaide O’Brien research vice president, IDC Government Insights.
  • SAIC also disclaims any duty to comment upon or correct information that may be contained in reports published by investment analysts or others.