HOUSTON: ION Geophysical Corporation expects second quarter 2021 revenues to be approximately $20 million, an improvement of approximately 40% sequentially or a decrease of 13% from the prior period. At quarter end, the Company’s total liquidity of approximately $33 million consisted of $27 million of cash (including net revolver borrowings of $20 million) and approximately…
Cannasouth Limited announces $6 million shares sale to retail investors
AUCKLAND, NEW ZEALAND: Cannasouth Limited is today opening a non-underwritten $6 million offer to retail investors in New Zealand with right reserved to accept oversubscriptions up to $2 million. The offer comprises: a priority offer, which is only available to clients of CM Partners Limited – the Lead Manager of the Offer; an offer to…
Hawkins Inc. to announce quarterly financial results on July 29, 2021
ROSEVILLE: Hawkins Inc. announced today that it expects to release its financial results for its first quarter ended June 27, 2021 after the market closes on July 29, 2021 at approximately 4:10 p.m. Eastern Time. Hawkins, Inc. was founded in 1938 and is a leading specialty chemical company that distributes, blends and manufactures chemicals and…
AXT Inc. to announce 2nd quarter financial results on July 27, 2021
FREMONT: AXT Inc., a leading manufacturer of compound semiconductor substrates, will announce its financial results for the second quarter 2021 in a press release immediately following the close of market on July 27, 2021. The company will also host a conference call to discuss these results on July 27, 2021 at 1:30 p.m. PT. The…
Auckland Airport passenger traffic increases 747.1pc in May 2021
AUCKLAND, NEW ZEALAND: Auckland Airport passenger volumes increased by 747.1% in May 2021 versus last year. International passengers (excl. transits) were up 778.0%, transit passengers were down 73.3% and domestic passengers were up by 755.7%. Key Points: • International arrivals in May last year (2020) were significantly impacted by the closure of the New Zealand…
Emirat to transport 247 horses from Liege to Tokyo equestrian events
DUBAI: UAE: Emirates SkyCargo, the freight division of Emirates, is operating eight charter flights to fly 247 horses from Liege to Tokyo. The first flight with 36 dressage horses has already landed at Haneda airport, Tokyo. Emirates will be operating an additional eight flights for the return journey from Tokyo to Liege. The carrier is…
Mobilink Microfinance Bank launches Digital App
KARACHI: Pakistan’s largest digital bank, Mobilink Microfinance Bank Limited (MMBL) has launched ‘Dost’, a mobile-based application that provides a complete digital banking ecosystem to its customers and gives them hassle-free access to financial services round the clock. The latest addition to the MMBL ecosystem reflects the bank’s relentless pursuit for innovation to foster digital banking…
Israeli company malware attacked Windows operating system
NEW YORK: An Israeli company was behind malware that was used to attack PCs running its Windows operating system, Microsoft said. Microsoft Threat Intelligence Center (MSTIC) alongside the Microsoft Security Response Center (MSRC) has uncovered a private-sector offensive actor, or PSOA, called SOURGUM. The company has also sought to identify government-backed hackers, such as the…
Facebook reports online cyber espionage campaign by hackers in Iran
HOUSTON: Facebook blocked a “sophisticated” online cyber espionage campaign conducted by hackers in Iran attempting to surveil western military, defence and aerospace personnel via its platform. According to Facebook, a known group of Iranian hackers known as Tortoiseshell created fake online personas such as defence employees and recruiters on its platform to trick victims into…
Santander to acquire Amherst Pierpont for $600 million
BOSTON: Santander Holdings USA has reached an agreement to acquire Amherst Pierpont Securities, a market-leading independent fixed-income broker dealer, through the acquisition of its parent holding company, Pierpont Capital Holdings LLC, for a total consideration of approximately $600 million, a news release said. Amherst Pierpont will become part of Santander Corporate & Investment Banking (Santander…
Integrated Wind Solutions acquires Green Ducklings
OSLO, NORWAY: Integrated Wind Solutions AS (IWS) announced the acquisition of Green Ducklings A/S. Green Ducklings is a Danish offshore wind specialist advisory to the global renewable industry with sole focus on offshore wind power. “The acquisition of Green Ducklings will enable an acceleration of our ambitious strategy, where IWS is owning and developing a…
Magnit accelerates e-commerce development and digital transformation
KRASNODAR, RUSSIA: Magnit PJSC, one of Russia’s leading retailers, announces changes to the Company’s organisational structure in order to accelerate Magnit’s digital transformation and focus on growing e-commerce sales. As part of the reorganisation, a new business unit has been established to oversee the development of Magnit’s e-commerce sales channels and to continue to enhance…