Schlagwort: fiscal

CEO Bernd Eulitz leaves the company at short notice

Bernd Eulitz, Chairman of the Executive Board of Knorr- Bremse AG, resigns in mutual agreement with effect from August 31, 2020 from the company. This was decided unanimously by the Supervisory Board in its meeting today. The Supervisory Board has initiated the search for a successor. The Supervisory Board asked the remaining members of the […]

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Corvus Gold to Trade on the Nasdaq, Obtains Full Senior US Listing Under Symbol KOR

Corvus Gold Inc. (“Corvus” or the “Company”) – (TSX: KOR, OTCQX: CORVF) https://www.commodity-tv.com/ondemand/companies/profil/corvus-gold-inc/ announces that it has received approval to up-list to the Nasdaq Capital Markets and will begin trading under the symbol “KOR” on Wednesday, August 12, 2020.  The Company’s common shares will continue to be traded on the OTCQX until the market close […]

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Immunic, Inc. Announces Closing of $103.5 Million Public Offering, including Full Exercise of Underwriters‘ Option to Purchase Additional Shares

Immunic, Inc. (Nasdaq: IMUX), a clinical-stage biopharmaceutical company developing a pipeline of selective oral immunology therapies aimed at treating chronic inflammatory and autoimmune diseases, announced the closing of an underwritten public offering of 5,750,000 shares of its common stock at a public offering price of $18.00 per share, which includes the exercise in full by […]

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Taxing the Digital Economy: Has Corona Cancelled or Postponed the Global Tax Revolution?

The pressure was high from the outset when, with the finalisation of the BEPS Action Plan in Oct. 2015, the OECD simultaneously began to initiate a further and even more far-reaching project: an Inclusive Framework (IF) on the taxation of the digital economy, due for completion by the end of 2020. Pillar 1 – New […]

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Jenoptik with sustained good demand from the semiconductor equipment industry and the public sector in first half-year

. – Group order intake down on prior year; order backlog slightly up – Adjusted revenue decreased by 11.9 percent to 329.0 million euros – Sharp improvement in second-quarter profitability (adjusted EBITDA margin up from 10.5% in Q1 to 15.6% in Q2) – Adjusted free cash flow up to 17.8 million euros – More precise […]

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Defence remains an anchor of stability during coronavirus crisis

. – The Group’s half-year sales fall by 7.7% to €2,597 million due to declining automotive markets – Coronavirus crisis causes drop in consolidated operating earnings from €163 million to €70 million – Defence continues to grow: sales rise by 19% to €1,641 million; operating earnings improved by 75% to €122 million – Automotive significantly […]

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RWE and Bosch sign long-term solar power purchase agreement

16-year 50-megawatt power purchase agreement Green electricity goes directly to German Bosch sites PPA model ensures construction of new solar farms in southern Germany RWE Supply & Trading will provide Bosch with solar power. The total volume amounts to 50 megawatts. The company will source the power from several new farms in southern Germany developed […]

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Interim Report First Half Year 2020

KUKA is feeling the effects of the coronavirus pandemic and the global economic crisis Customers are delaying investments and postponing planned orders Orders received, sales revenues and EBIT significantly below previous year’s level KUKA CEO Peter Mohnen: “Our focus is on setting the course for the future. Automation can come out of this crisis as […]

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Immunic, Inc. Announces Pricing of $90.0 Million Public Offering of Common Stock

Immunic, Inc. (Nasdaq: IMUX), a clinical-stage biopharmaceutical company developing a pipeline of selective oral immunology therapies aimed at treating chronic inflammatory and autoimmune diseases, today announced the pricing of an underwritten public offering of 5,000,000 shares of its common stock at a public offering price of $18.00 per share. The proceeds of the offering to […]

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Fraport Group Interim Report – First Half 2020: Covid-19 Pandemic Leads to Sharp Revenue and Profit Decline

Traffic volumes reach the bottom of the trough in the second quarter  Revenue slumps by nearly 50 percent during the first half of 2020  Group result (net profit) clearly negative  Liquidity secured over the long term Impacted by the Covid-19 pandemic, the airport operator Fraport posted a sharp drop in revenue during the first half […]

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