Economic impact of the COVID-19 pandemic

The Worldwide Digital Transformation Spending in Logistics Industry is Projected to Reach $75.5 Billion by 2026

Retrieved on: 
Thursday, September 1, 2022
People, Well, COVID-19, Consumer, Economic impact of the COVID-19 pandemic, Emerging technologies, Interest, Tax, Silver, Continuation high school, Eye, Transport, Retail Industry Leaders Association, EBITDA, Efficiency, MHE, Integration, Warehouse management system, Investment, Export, Real, Region, Pathway, Barcode, Key, Pandemic, Foundation, Vaccine, Automation, World, South African Unemployed Peoples' Movement, New Normal, Company's Coming, Flowers, Renewable energy, Tissue paper, Security printing, Warehouse, Blockchain, Supply

& Is it Really the Silver Bullet We Were Waiting For?

Key Points: 
  • & Is it Really the Silver Bullet We Were Waiting For?
  • Global Trade Plummets Impacting Freight & Logistics: Global Trade Exports & Imports Volume Growth (in %) by Region for 2018-2020
    Retailing & Merchandizing, the Key Drivers of Urban Logistics, Slumps
    Moving Beyond COVID-19, How Will Global Supply Chains Looks Like?
  • The Answers Every Stakeholder in Supply Chain Logistics Should Know
    As Companies Come to Terms With the Depth of their Dependencies, Globalization Will Reduce to Regionalization
    Why the Need to Modify The Pharmaceutical Supply Chain Is So Great?
  • Making Data Talk: Digitization Will be the Key to Building Stronger, Smarter Supply Chains
    3PLs Step Up Investments in Freight Management Systems.

Global Public Safety LTE Market Report 2022: Market to Reach $16.8 Billion by 2026 - Public Safety LTE Integration with Smart City Initiatives is Imperative

Retrieved on: 
Monday, February 7, 2022
Growth, Public security, Race, Awareness, Virus, Solution, Investment, IMF, New Normal, LMR, LTE, City, Economic impact of the COVID-19 pandemic, Technology, Hospital, Pandemic, Service, Firefighter, Ministry of Land, Infrastructure, Transport and Tourism, CAGR, Telecommunication, Emergency medical services, Communication, Mobile phone, Pet, Agriculture

DUBLIN, Feb. 7, 2022 /PRNewswire/ -- The "Public Safety LTE - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Feb. 7, 2022 /PRNewswire/ -- The "Public Safety LTE - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
  • The global market for Public Safety LTE estimated at US$5.6 Billion in the year 2020, is projected to reach a revised size of US$16.8 Billion by 2026, growing at a CAGR of 19.9% over the analysis period.
  • The rise of smart cities will augment the need for advanced public safety LTE solutions.
  • Public safety LTE helps in making cities smarter and safer by providing robust, reliable, and dedicated networks.

Global Public Safety LTE Market Trajectory & Analytics Report 2022 - ResearchAndMarkets.com

Retrieved on: 
Friday, February 4, 2022
Technology, Networks, Security, Telecommunications, Awareness, Growth, New Normal, Communication, Pandemic, Ministry of Land, Infrastructure, Transport and Tourism, Service, Emergency medical services, Technology, IMF, Firefighter, CAGR, City, LMR, Economic impact of the COVID-19 pandemic, Telecommunication, LTE, Public security, Investment, Race, Virus, Solution, Hospital, Mobile phone, Pet, Agriculture

The "Public Safety LTE - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Public Safety LTE - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
  • Given that reliable communication is vital for efficient provision of essential services and also planning in an emergency, public safety LTE is witnessing increasing demand.
  • The rise of smart cities will augment the need for advanced public safety LTE solutions.
  • Public safety LTE helps in making cities smarter and safer by providing robust, reliable, and dedicated networks.

Employers Fear Effects of the “Great Resignation” as Millions of Workers Move On

Retrieved on: 
Wednesday, August 4, 2021
Software, Professional Services, Internet, Data Management, Training, Technology, Continuing, Security, Education, Other Professional Services, Human Resources, Other Technology, Consulting, Articles, Economic history, Economic impact of the COVID-19 pandemic, The Great Resignation, Economy, Human resource management, Industrial and organizational psychology, Employment classifications

Employers can beat the great resignation, whereby millions of workers plan to quit, by better understanding their peoples career development needs.

Key Points: 
  • Employers can beat the great resignation, whereby millions of workers plan to quit, by better understanding their peoples career development needs.
  • After eighteen months of staying put through economic uncertainty, huge numbers of employees are looking to leave for new jobs.
  • In the United States alone, four million people quit their job in April.1
    Some 41% of workers are considering quitting their job this year, according to a Microsoft survey of 30,000 global workers.
  • If employers show that they can provide their people with meaningful development opportunities, and the modern skills they need, it will help them resist the great resignation.

DGAP-News: Aareal Bank announces adverse non-recurring tax effect and informs about preliminary results for the second quarter

Retrieved on: 
Tuesday, August 3, 2021
Economic impact of the COVID-19 pandemic

Aareal Bank will recognise the corresponding provisions in the second quarter of 2021 and adjust the expected tax rate for the full year.

Key Points: 
  • Aareal Bank will recognise the corresponding provisions in the second quarter of 2021 and adjust the expected tax rate for the full year.
  • Taking this non-recurring effect into consideration, the preliminary operating profit for the second quarter of 2021 will presumably amount to 41 million, significantly above the results of the same quarter of the previous year, which had also been affected by the pandemic (Q2 2020: 2 million).
  • Without the additional tax burdens, the preliminary operating profit would have amounted to 52 million.
  • Compared to Q2/2020, overall profit increased by 14 per cent in the second quarter of 2021.

EQS-News: Swiss Re posts strong profit of USD 1.0 billion in first half 2021

Retrieved on: 
Friday, July 30, 2021
Economic impact of the COVID-19 pandemic, United States

All our businesses are growing, and our very strong capital position allows us to pursue attractive opportunities across all lines of business.'

Key Points: 
  • All our businesses are growing, and our very strong capital position allows us to pursue attractive opportunities across all lines of business.'
  • SwissRe achieved an ROI of 3.2% in the first half of 2021.
  • COVID-19 losses decreased to USD870million in the first half of 2021 from USD2.5billion in the same period of 2020.
  • Likewise, iptiQ's gross income[5], excluding COVID-19-related losses of USD5million, increased by 53% compared with the first half of 2020 to USD26million in the first half of 2021.

Silk Road Medical Reports Second Quarter 2021 Financial Results

Economic impact of the COVID-19 pandemic

SUNNYVALE, Calif., July 29, 2021 (GLOBE NEWSWIRE) -- Silk Road Medical, Inc. (Nasdaq: SILK), a company focused on reducing the risk of stroke and its devastating impact, today reported financial results for the quarter ended June 30, 2021.

Key Points: 
  • SUNNYVALE, Calif., July 29, 2021 (GLOBE NEWSWIRE) -- Silk Road Medical, Inc. (Nasdaq: SILK), a company focused on reducing the risk of stroke and its devastating impact, today reported financial results for the quarter ended June 30, 2021.
  • Revenue for the second quarter of 2021 was $26.5 million, an increase of $11.4 million or 75%, compared to the second quarter of 2020.
  • Excluding the contribution of the $1.3 million, second quarter revenue in 2021 increased 91% compared to the second quarter of 2020.
  • Gross margin for the second quarter of 2021 increased to 75% compared to 65% in the second quarter of 2020.

TrueCar Forecasts Third Consecutive Month of Slowing Vehicle Sales for July 2021

Retrieved on: 
Thursday, July 29, 2021
Electric vehicles, Economic impact of the COVID-19 pandemic

This month's seasonally adjusted annualized rate (SAAR) for total light vehicle sales is an estimated 14.7 million, staying on par with July 2020.

Key Points: 
  • This month's seasonally adjusted annualized rate (SAAR) for total light vehicle sales is an estimated 14.7 million, staying on par with July 2020.
  • "In July we expect to see things continue to cool since the recent new vehicle sales peak in April.
  • Used vehicle sales for July 2021 are expected to reach 3.7 million, down 4% from a year ago and about even with June 2021.
  • The average loan term on a new vehicle for July 2021 is 70 months and the average loan term on a used vehicle is 69 months.

USANA Health Sciences Reports Record Second Quarter Results and Reiterates Growth Outlook for FY 2021

Retrieved on: 
Tuesday, July 27, 2021
Retail, Specialty, Fitness & Nutrition, Health, Economic impact of the COVID-19 pandemic

Fiscal 2020 was a 53-week year and included one additional week of sales in the fourth quarter of 2020 compared to Fiscal 2021.

Key Points: 
  • Fiscal 2020 was a 53-week year and included one additional week of sales in the fourth quarter of 2020 compared to Fiscal 2021.
  • Doug Hekking, Chief Financial Officer, said, Our record second quarter results, highlighted by robust sales and earnings-per-share growth, were in-line with managements expectations and were driven, in large part, by the sales program offered during the quarter.
  • A similar sales program was offered during the third quarter of 2020, which was also very successful.
  • Nevertheless, we continue to believe that 2021 will be another record year for USANA.

Severn Bancorp, Inc. Announces Second Quarter Earnings

Retrieved on: 
Tuesday, July 27, 2021
Recessions, Economic impact of the COVID-19 pandemic, Economic history

Earnings per share on a fully diluted basis were $0.13 for the second quarter and $0.44 for the first six months of 2021 compared to $0.14 and $0.18, respectively, from the second quarter and first six months of 2020.

Key Points: 
  • Earnings per share on a fully diluted basis were $0.13 for the second quarter and $0.44 for the first six months of 2021 compared to $0.14 and $0.18, respectively, from the second quarter and first six months of 2020.
  • In this low interest rate environment very little can be earned on liquidity, so as a result, earnings were less than desired in the second quarter.
  • Net interest income was $7.0 million for the second quarter ended June 30, 2021 and $14.7 million for the six months ended June 30, 2021 compared to $6.6 million and $13.4 million for the same periods in 2020.
  • The Company recorded a reversal of provision of $(325) thousand for the second quarter ended June 30, 2021 and $(1.1) million for the six months ended June 30, 2021.