CIR

Sales of Co-Packaged Optics Components Will Surpass $1.3 Billion (US) by 2025

Retrieved on: 
Tuesday, August 16, 2022 - 1:41pm

CHARLOTTESVILLE, Va., Aug. 16, 2022 /PRNewswire/ -- In a recent report issued by Communications Industry Researchers (CIR), the firm projected that sales of specialized components for co-packaged optics (CPO) will exceed $1.3 billion in revenues in 2025 and grow to $2.7 billion by 2028.

Key Points: 
  • CHARLOTTESVILLE, Va., Aug. 16, 2022 /PRNewswire/ -- In a recent report issued by Communications Industry Researchers (CIR), the firm projected that sales of specialized components for co-packaged optics (CPO) will exceed $1.3 billion in revenues in 2025 and grow to $2.7 billion by 2028.
  • CIR's latest CPO report, "Markets for Co-Packaged Optics 2022-2030" analyzes both component and module-level CPO product developments.
  • The commercial potential of CPO components was recently demonstrated, when Senko Advanced Components acquired Cudoform, specifically for access to Cudoform's micro-mirror connector in a CPO application.
  • Demand for CPO components will spur manufacturing to meet the demanding requirements for tight-spaced packaging and hard-to-integrate photonics.

DGAP-News: Allianz SE: Allianz achieves 3.5 billion EUR operating profit in 2Q - Group confirms full-year outlook

Retrieved on: 
Friday, August 5, 2022 - 7:01am

2Q 2022: Operating profit increased 5.3 percent to 3.5 (3.3) billion euros, driven by improved underwriting and investment results in the Property-Casualty segment.

Key Points: 
  • 2Q 2022: Operating profit increased 5.3 percent to 3.5 (3.3) billion euros, driven by improved underwriting and investment results in the Property-Casualty segment.
  • 6M 2022: Operating profit increased 1.2 percent to 6.7 (6.7) billion euros, driven by higher operating profit in the Property-Casualty and Asset Management business segments.
  • We confirm our full-year outlook of operating profit of 13.4 billion euros, plus or minus 1 billion euros.
  • Operating profit rose 5.2 percent to 3.0 (2.9) billion euros, largely driven by a significantly higher operating investment result.

DGAP-News: Q2 2022: DWS Stays Resilient with Strong Financial Results in Turbulent Markets

Retrieved on: 
Wednesday, July 27, 2022 - 6:01am

Despite the negative environment, DWS delivered once more strong financial results in the first half of 2022.

Key Points: 
  • Despite the negative environment, DWS delivered once more strong financial results in the first half of 2022.
  • Our adjusted Cost-Income Ratio of 59.3 percent in Q2 and 59.4 percent in H1 is at a very good level.
  • Total revenues decreased quarter-on-quarter slightly by 3 percent to EUR 671 million in Q2 2022 (Q1 2022: EUR 689 million; Q2 2021: EUR 625 million).
  • After tax, DWS posted a 17 percent lower net income of EUR 155 million for the second quarter 2022 (Q1 2022: EUR 186 million; Q2 2021: EUR 172 million).

Pixium Vision announces its financial results for H1 2022 and provides a business update

Retrieved on: 
Friday, July 22, 2022 - 6:00am

Despite the downturn on the financial markets, Pixium Vision was able to secure the financing as announced July 14, 2022.

Key Points: 
  • Despite the downturn on the financial markets, Pixium Vision was able to secure the financing as announced July 14, 2022.
  • Current general and administrative (G&A) expenses totalled 3.1 million in H1 2022, compared to 2.9 million in H1 2021.
  • Net cash outflow from operating activities increased in H1 2022 to 7.1 million, compared to 6.1 million in H1 2021.
  • Pixium Vision ended H1 2022 with a net cash position of 7.2 million, compared to 10.1 million a year earlier.

Kyriba’s Currency Impact Report: Multinationals’ FX Impacts Surge to $24 Billion

Retrieved on: 
Thursday, July 21, 2022 - 1:00pm

The combined pool of corporations reported $7.57 billion in tailwinds and $16.46 billion in headwinds in the first quarter of 2022.

Key Points: 
  • The combined pool of corporations reported $7.57 billion in tailwinds and $16.46 billion in headwinds in the first quarter of 2022.
  • Conversely, European companies reported a 17% percent decrease in negative currency impacts, with companies reporting $1.80 billion in FX-related headwinds.
  • Any company that has currency impacts in excess of 1 cent EPS should resolve the underlying exposures with best applicable practices.
  • To learn more about FX impacts to specific industries and which currencies were most impactful to multinationals, download the July 2022 Kyriba Currency Impact Report here .

FEV Tutor Announces Strategic Acquisition by Alpine Investors

Retrieved on: 
Tuesday, July 19, 2022 - 2:00pm

FEV Tutor (FEV), the K-12 market leading research and evidence-based online tutoring platform, today announced its partnership with Alpine Investors (Alpine), a people-driven private equity firm that is a Certified B Corporation committed to building enduring businesses.

Key Points: 
  • FEV Tutor (FEV), the K-12 market leading research and evidence-based online tutoring platform, today announced its partnership with Alpine Investors (Alpine), a people-driven private equity firm that is a Certified B Corporation committed to building enduring businesses.
  • As part of the transaction, Jim Tormey of Alpine will be the new Chief Executive Officer at FEV Tutor, with Co-Founders Anirudh Baheti and Ryan Patenaude continuing in leadership roles.
  • FEV Tutor has observed heightened demand for its solutions due to ongoing learning achievement and equity gaps.
  • On behalf of all of us at Alpine Investors, we couldnt be more excited to begin that important work together with the company, said Founding Partner at Alpine Investors, Mark Strauch.

SeABank reached nearly US$120 million pre-tax profit, exceeded 2022's First half business plan

Retrieved on: 
Thursday, July 14, 2022 - 12:31pm

HANOI, Vietnam, July 14, 2022 /PRNewswire/ -- Southeast Asia Commercial Joint Stock Bank ( SeABank , stock code: SSB) announced its First half 2022 business results.

Key Points: 
  • HANOI, Vietnam, July 14, 2022 /PRNewswire/ -- Southeast Asia Commercial Joint Stock Bank ( SeABank , stock code: SSB) announced its First half 2022 business results.
  • Accordingly, in the first half of 2022: SeABank's total assets reached US$ 9.82 billion; Pre-tax profit reached nearly US$ 20 million; Total Operating Income (TOI) reached US$ 215 million; Non-interest income (NoII) recorded a growth of US$ 74.2 million.
  • Notably, cost-to-income ratio (CIR) dropped to 30.3% compared to 38.3% as of 2021's first half; NPL ratio decreased to 1.6%.
  • Additionally, SeABank issued 211.4 million shares for dividend payment and 109.7 million shares to increase share capital from stakeholders' equity.

SeABank reached nearly US$120 million pre-tax profit, exceeded 2022's First half business plan

Retrieved on: 
Thursday, July 14, 2022 - 7:56am

HANOI, Vietnam, July 14, 2022 /PRNewswire/ -- Southeast Asia Commercial Joint Stock Bank ( SeABank , stock code: SSB) announced its First half 2022 business results.

Key Points: 
  • HANOI, Vietnam, July 14, 2022 /PRNewswire/ -- Southeast Asia Commercial Joint Stock Bank ( SeABank , stock code: SSB) announced its First half 2022 business results.
  • Accordingly, in the first half of 2022: SeABank's total assets reached US$ 9.82 billion; Pre-tax profit reached nearly US$ 20 million; Total Operating Income (TOI) reached US$ 215 million; Non-interest income (NoII) recorded a growth of US$ 74.2 million.
  • Notably, cost-to-income ratio (CIR) dropped to 30.3% compared to 38.3% as of 2021's first half; NPL ratio decreased to 1.6%.
  • Additionally, SeABank issued 211.4 million shares for dividend payment and 109.7 million shares to increase share capital from stakeholders' equity.

CoolIT Systems Appoints First VP of People to Support Rapid Pace of Growth

Retrieved on: 
Tuesday, June 14, 2022 - 8:00pm

CALGARY, Alberta, June 14, 2022 /PRNewswire-PRWeb/ -- CoolIT Systems, the global leader in scalable liquid cooling technology for desktop and data centers systems, continues its unprecedented growth trajectory and is on track this year to exceed 2021's $100mm revenue by 30% due to explosive demand in datacenter Direct Liquid Cooling (DLC). To facilitate this growth, CoolIT Systems has welcomed Evelyn Golba as the company's first Vice President of People. The seasoned HR Professional will be tasked with leading the company's people management practices along with spearheading their diversity, equity and inclusion (DEI) initiatives to further reinforce their strong employee culture.

Key Points: 
  • To facilitate this growth, CoolIT Systems has welcomed Evelyn Golba as the company's first Vice President of People.
  • Evelyn brings a lengthy history of developing effective talent management programs that promote career growth, leadership development and DEI.
  • CoolIT Systems specializes in scalable liquid cooling solutions for the world's most demanding high performance computing environments.
  • For more information about CoolIT Systems and its technology, visit https://www.coolitsystems.com/.

Legal & Business Outsourcing Leader Integreon Selects Iris® Powered by Generali to Expand its Cyber Incident Response Services

Retrieved on: 
Wednesday, June 1, 2022 - 1:00pm

Partnering with Irisexpands Integreon's capabilities and rounds out their competitive cyber incident response (CIR) solution.

Key Points: 
  • Partnering with Irisexpands Integreon's capabilities and rounds out their competitive cyber incident response (CIR) solution.
  • "Our team of experts and tech-enabled cyber incident response process are second to none," commented Jamie Berry , EVP and Business Head, Cyber and Litigation Services.
  • Integreon is the trusted, global provider of legal and business outsourced services to corporations and law firms seeking to expand their capabilities and transform their performance.
  • For more information about Integreon's range of services, email info@integreon.com , visit www.integreon.com and follow Integreon at LinkedIn , Twitter and Facebook .