Click Here Namoi Cotton Limited (ASX:NAM) share price Namoi Cotton Limited was formed as a grower owned co-operative in Wee Waa, NSW in 1962 by a small group of pioneering cotton growers. In October 2017, Namoi Cotton restructured to become Namoi Cotton Limited, a fully public company listed on the ASX. Namoi Cotton primarily operates…
Telstra plans transition to full ownership for its retail stores across Australia
AUCKLAND: Telstra has announced its intention to transition to full Telstra ownership for its bricks and mortar branded retail stores across Australia. Negotiations with independent licensees about an agreed transition to Telstra ownership wil begin shortly and that process, which includes plans to offer roles to current store staff in the majority of cases as…
Signs for U.S. economic rebound encouraging despite lingering uncertainty
NEW YORK: Global insurance sector rating agency, AM Best expects modest economic growth for the first half of 2021, as signs for U.S. economic rebound are encouraging despite lingering uncertainty. In its Best’s Special Report, “2021: Transitioning to a New Normal,” AM Best states that risks to the economic forecast are related mainly to the…
Datamatics, SSTech form partnership to strengthen North American presence
TAMPA: Datamatics and System Soft Technologies (SSTech) have entered a strategic partnership covering the North American region, a news release said. The distribution agreement gives SSTech access to Datamatics’ Intelligent Automation (IA) suite of products, including TruAI, TruCap+ and TruBot. SSTech will use these products to help small and medium-sized businesses (SMBs) deploy automation with…
DentaQuest applauds President Biden’s decision to re-open ACA Insurance Exchange
BOSTON: DentaQuest has applauded the decision by the Biden Administration to re-open the federal health care marketplace for three months, which will provide an opportunity for millions of individuals to apply not just for health insurance, but also for dental health insurance through the federal marketplace While the Biden Administration notes that over 30 million…
Augusta Gold raises C$15mn to advance exploration activities in Nevada
VANCOUVER: Augusta Gold Inc. announced a fully subscribed non-brokered private placement raising approximately C$15 million, which will be used to advance exploration efforts at its highly prospective wholly-owned Bullfrog Gold project located in Nevada, USA, and for general and working capital purposes. Pursuant to the Private Placement, Augusta will offer 6.7 million units at a…
Avanceon Limited – Corporate Briefing Takeaways
Avanceon Limited held an analyst briefing today to discuss its business and future outlook. The briefing was led by the CEO Mr. Bakhtiar Wain. Takeaways: · AVN posted earnings at PKR 746mn during 9MCY20 with EPS clocking in at PKR 3.52, up 58% YoY. PAT during the quarter settled at PKR 318mn (PKR 1.50/share), compared…
Amreli Steels Limited – Corporate Briefing Takeaways
The Management of Amreli Steels Limited held a Corporate Briefing Session on 10th Feb’21 to discuss the financial result and future outlook. Takeaways · ASTL posted a profit of PKR 312mn (EPS: PKR 1.05) in 2QFY21, against a loss in SPLY and depicting a jump of 2.8x QoQ. · Primary reason behind the growth remained a 21% jump…
NEXT Biometrics receives order for 20,000 sensors for payment devices in India
OSLO: NEXT Biometrics has received a purchase order from Pagaria Group of 20,000 sensors. In addition, the estimated volume for 2021 has been increased. NEXT recently signed a Letter of Intent with Pagaria group in India (announced on January 26) and has now received a follow up order of 20,000 sensors. The initial forecasted demand…
Zwipe expands Asia-Pacific and European footprints
OSLO: Biometric fintech company Zwipe is pleased to announced that over the recent months it has finalized four new partnerships with prominent card manufacturers in Asia-Pacific and Europe. The combined annual card shipment from these new customers is in excess of 1 billion, of which payment cards constitute more than 150 million. The new card…
Seritage Growth Properties appoints Andrea Olshan as CEO and President
NEW YORK: Seritage Growth Properties announced that Andrea Olshan has been appointed Chief Executive Officer and President of the Company and will join the Company’s Board of Trustees, each effective as of a mutually agreeable date on or before March 16, 2021. Ms. Olshan is currently the Chief Executive Officer of Olshan Properties, a private…
Ladder Capital appoints Paul Miceli as Chief Financial Officer
NEW YORK: Ladder Capital Corp announced the appointment of Paul J. Miceli as Chief Financial Officer, effective March 1, 2021. Miceli, Ladder’s Director of Finance, will succeed Marc Fox, who has announced his intention to leave the Company. Mr. Fox will stay on through May 7, 2021, to ensure an orderly transition. Mr. Miceli joined…