Coronavirus Electronics Supply Chain Dashboard

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Last updated: August 9, 2020 21:00 GMT

Supplier COVID-19 Announcements

Company News Title Description News Date
Saudi Aramco
Saudi Aramco profit drops 50% for first half of the year as pandemic batters oil price
Oil giant Saudi Aramco reported a 50% fall in net income for the first half of its financial year, reflecting a devastating year for oil markets and the global economy at large as the world continues to battle the coronavirus pandemic.
8/9/2020
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Berkshire Hathaway Inc.
Coronavirus punishes Warren Buffett as Berkshire Hathaway takes big writedown
(Reuters) - Berkshire Hathaway Inc on Saturday announced a $9.8 billion writedown and 10,000 job losses at its Precision Castparts aircraft parts unit, as the coronavirus pandemic caused widespread pain at Warren Buffett’s conglomerate.
8/8/2020
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ON Semiconductor Corporation
Due to the ongoing challenges of coronavirus, ON Semiconductor 2Q20 Revenue down nearly 10% Y/Y.
PHOENIX, Ariz. – Aug. 8, 2020 – ON Semiconductor Corporation (Nasdaq: ON)today announced that 2020 second quarter revenue was $1,213.5 million, down approximately 10 percent compared to 2019 second quarter revenue. 2020 second quarter revenue was down approximately 5 percent as compared to 2020 first quarter revenue.
8/8/2020
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Gilead Sciences Inc.
Gilead Inks Deal to Boost Production of Covid-19 Drug Remdesivir
Gilead Sciences Inc. is expanding its manufacturing network to ramp up production of Covid-19 treatment remdesivir, and says it will be able to meet global demand in real time starting in October.
8/7/2020
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Hitachi Metals, Ltd
Hitachi Metals Revenues decline 13.9% Y/Y during fiscal year ended March 31, 2020 due to COVID-19 outbreak.
Net income (loss) per share is calculated by dividing net income (loss) by the average number of outstanding shares for the period. Net assets per share are calculated by dividing net assets less minority interests by the number of outstanding shares as of the period-end.
8/7/2020
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Scanfil
Scanfil Reports solid 2Q20, Provides COVID-19 Business Update.
The 2020 guidance is subject to exceptional uncertainty due to the potential negative effects of the coronavirus pandemic on customer demand, supply chain capacity as well as the safety and operational capability of our own plants and personnel.
8/7/2020
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Basler
Basler Closes First Half Year of 2020 on a High Level in spite of COVID-19 pandemic.
Despite the Corona pandemic, Basler had a very good start into the year and has therefore built a sound base for the whole year. Compared to the first half of the previous year, the group significantly increased incoming orders, sales and profit. Thus, Basler has developed better than the industry sector. In a difficult Coronavirus market environment, the Basler group did benefit from its broad geographical presence, a diversified target customer structure and the maintenance of the operational processes.
8/7/2020
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SMC Corporation
SMC Announces the impact of COVID-19 outbreak on First Quarter ended June 30, 2020.
Forecasts are based on information and certain premises that we consider to be reasonable at the time we released these consolidated quarterly financial highlights.
8/7/2020
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Sumitomo Corporation
Sumitomo Revenues for three months ended June 30, 2020 decline due to the ongoing of coronavirus crisis.
Second quarter-end dividend for the year ended March 31, 2020 consists of 35.00 yen for an ordinary dividend and 10.00 yen for the commemorative dividend for the 100th anniversary.
8/7/2020
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Venture Corp. Ltd.
Venture Announces that COVID-19 negatively impacted financial results for the six months ended 30 June 2020.
Half yearly financial statements on consolidated results for the 6 months ended June 30, 2020. These figures have not been audited or reviewed.
8/7/2020
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Twin Disc, Incorporated
Twin Disc's Q4 2020 sales decline due to Challenging market conditions amid the spread of COVID-19 outbreak.
RACINE, Wis., Aug. 07, 2020 (GLOBE NEWSWIRE) -- Twin Disc, Inc. (NASDAQ: TWIN), today reported financial results for the fiscal 2020 fourth quarter ended June 30, 2020.
8/7/2020
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Daido Metal Co Ltd
Daido Metal Announces the impact of COVID-19 pandemic on Financial Results for the Three Months Ended June 30, 2020.
The Company introduced an E-Ship® Trust Type Employee Stock Purchase Incentive Plan and a performance linked stock based remuneration for Directors and Executive Officers. For the calculation of total number of treasury share s at the end of the period and average number of shares during the period, Company shares held in the trusts are included in treasury shares to be deducted.
8/7/2020
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Siemens AG
Siemens stepping up cost savings to tackle COVID-19 downturn
ZURICH (Reuters) - Siemens (SIEGn.DE) has accelerated and expanded its cost saving programme to tackle the economic downturn caused by the COVID-19 pandemic, deputy Chief Executive Roland Busch told reporters on Thursday.
8/6/2020
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Toyota Motor Corporation
Toyota posts net profit of $1.5bn for April-June despite COVID
TOKYO -- Toyota Motor posted a net profit of 158 billion yen ($1.5 billion) for the three months ended in June, the automaker said Thursday. That was down 74% from the previous year, but the Japanese automaker stayed in the black even as its peers had loss-making quarters due to the COVID-19 pandemic.
8/6/2020
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Onex Corporation
Onex Corp. swings to profit as markets rebound following first-quarter plunge
TORONTO -- Onex Corp. says it swung to a profit in the second quarter, rebounding from segment losses of more than $1.1 billion in the first three months of the year as markets roared back in spite of the pandemic.
8/6/2020
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Realtek Semiconductor Corp.
Realtek posts record 2Q20 profit
Networking IC design specialist Realtek Semiconductor has reported net profits increased 24.3% sequentially and 9.9% on year to a record high of NT$2.03 billion (US$69.1 million) in the second quarter of 2020, with EPS reaching NT$3.97.
8/6/2020
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Acer Incorporated
Acer enjoys profit hike in 2Q20
Acer has disclosed its profits surged in the second quarter of 2020, rising 114% sequentially and 192% on year, thanks to strong business momentum from remote work and distance learning.
8/6/2020
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Toyota Motor Corporation
Toyota accelerates 'kaizen' drive under coronavirus pressure
NAGOYA -- Toyota Motor is using the coronavirus outbreak as a chance to reevaluate and trim excess fat under its signature kaizen efficiency drive, laying the ground for a strong recovery once sales start to rebound from the pandemic-induced slump.
8/6/2020
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News Corp
News Corp Posts Wider Loss as Coronavirus Pummels Advertising Revenue
News Corp posted a wider loss in its latest quarter as advertising revenue halved amid the coronavirus pandemic, more than offsetting profit growth at Wall Street Journal parent Dow Jones & Co. and at the company’s video-subscription unit.
8/6/2020
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Uber Technologies Inc.
Uber rides take COVID-19 hit but food-delivery business doubles
(Reuters) - Homebound customers of Uber Technologies Inc (UBER.N) more than doubled their orders from the company’s food-delivery service in the second quarter but demand for ride-hailing trips only marginally recovered from pandemic rock-bottom.
8/6/2020
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SMK Corp.
SMK's Philippine factory resumed almost normal operations on June 16th.
(Updated August 6th) The Philippine factory has resumed almost normal operations on June 16th.
8/6/2020
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Himax Technologies, Inc.
Amid COVID-19 pandemic, Himax Technologies' Revenues Tops during Q2 2020, Expects that Q3 2020 Guidance Revenue to Increase.
TAINAN, Taiwan – Aug 6, 2020 – Himax Technologies, Inc. (Nasdaq: HIMX) (“Himax” or “Company”), a leading supplier and fabless manufacturer of display drivers and other semiconductor products, announced its financial results for the second quarter ended June 30, 2020.
8/6/2020
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Diodes Incorporated
Diodes Reports solid Q2 2020 despite the market disruptions and delays caused by the COVID-19 pandemic.
PLANO, Texas--(BUSINESS WIRE)--Aug. 6, 2020-- Diodes Incorporated (Nasdaq: DIOD) today reported its financial results for the second quarter ended June 30, 2020.
8/6/2020
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SUMCO Corporation
SUMCO Announces the impact of COVID-19 on Q2 financial results.
Business forecasts and other forward-looking statements contained in this Brief Statement on Consolidated Financial Results are based on information currently available to the Company and on certain assumptions that the Company considers to be reasonable, and do not constitute guarantees of future performance. Actual results may differ significantly from those projected in the forward-looking statements as a result of various factors. Regarding the assumptions underlying business forecasts, please see “(2) Explanation of Business Forecasts” on page 2 of Supplementary Materials.
8/6/2020
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Insight Enterprises Inc.
Insight Enterprises Reports strong Q2 2020, Announces COVID-19 Business Update.
TEMPE, Ariz.--(BUSINESS WIRE)-- Insight Enterprises, Inc. (Nasdaq: NSIT) (the “Company”) today reported financial results for the quarter ended June 30, 2020.
8/6/2020
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Semiconductor Manufacturing International Corporation
SMIC Records high revenue during 2Q20 in spite of COVID-19 outbreak, Provides 3Q20 Guidance.
Shanghai, China – August 6, 2020. Semiconductor Manufacturing International Corporation (SSE STAR MARKET: 688981; SEHK: 00981; OTCQX: SMICY) (“SMIC”, the “Company” or “our”), one of the leading semiconductor foundries in the world, today announced its consolidated results of operations for the three months ended June 30, 2020
8/6/2020
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STARS MICROELECTRONICS (THAILAND) PUBLIC COMPANY LIMITED
STARS MICROELECTRONICS (Thailand) Reports strong 2Q20, Announces that COVID-19 has had a little impact on its operations.
Stars Microelectronics (Thailand) Public Company Limited (The Company) would like to provide the explanation concerning the operation results of the company and its subsidiary for 3-month period ended 30 June 2020 reported the net profit of 37.07 million baht compare with net profit of 7.76 million baht the same period in 2019.
8/6/2020
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PHOTON CONTROL INC
PHOTON CONTROL Achieved high revenue during Q2 2020, Provides COVID-19 Update.
Vancouver, BC, August 6, 2020 – Photon Control Inc. (“Photon Control” or the “Company”) (TSX: PHO), a leading manufacturer of fiber optic measurement solutions to the semiconductor industry, is pleased to announce its financial results for the three and six months ended June 30, 2020.
8/6/2020
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Shimadzu Corporation
Shimadzu Reports the impact of COVID-19 on Operating Results and Financial Position For the Three Months Ended June 30, 2020.
The Accounting Standard for Revenue Recognition (Accounting Standards Board of Japan Statement No. 29, issued on March 30, 2018) and other accounting changes have been implemented on a transitional basis since the beginning of the first quarter of this fiscal year. That has affected our financial position and operating results. Details are provided in 2. Consolidated Financial Statements, (3) Notes on Consolidated Financial Statements (Accounting Policy Changes).
8/6/2020
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One Stop Systems, Inc.
One Stop Systems' 2Q20 Revenue Fall Y/Y, Provides COVID-19 Update.
ESCONDIDO, Calif., Aug. 06, 2020 (GLOBE NEWSWIRE) -- One Stop Systems, Inc. (Nasdaq: OSS), a global leader in specialized high-performance edge computing, reported results for second quarter and first half ended June 30, 2020.
8/6/2020
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Nikon Corp.
Nikon Expects loss in the Fiscal Year ending March 31, 2021 due to the ongoing impact of COVID-19 pandemic.
In the Imaging Products Business, operating losses are prospected to be inevitable in the fiscal year ending March 31, 2021, as demand has been significantly declining due to market shrinkage and the impact of COVID-19. While the whole industry is in a period of change, further measures are required, such as accelerating restructuring and moving measures forward, aiming early achievement of profitability.
8/6/2020
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Turtle Beach Corporation
Turtle Beach Q2 beats, raised full-year outlook despite COVID-19 challenges.
SAN DIEGO, Aug. 6, 2020 /PRNewswire/ — Turtle Beach Corporation (Nasdaq: HEAR), a leading gaming audio and accessory brand, reported record financial results for the second quarter ended June 30, 2020.
8/6/2020
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Universal Display Corporation
Universal Display Provides COVID-19 Update, Announces that Q2 Earnings Miss, Revenues Fall Y/Y.
EWING, N.J.--(BUSINESS WIRE)-- Universal Display Corporation (Nasdaq: OLED), enabling energy-efficient displays and lighting with its UniversalPHOLED® technology and materials, today reported financial results for the second quarter ended June 30, 2020.
8/6/2020
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Datalogic S.p.A.
Datalogic Provides COVID-19 Update, Announces that Revenue Fall nearly 30 % during Half-Year Financial Report ended 30 June 2020.
Bologna, 6 August 2020 - The Board of Directors of Datalogic S.p.A. (Borsa Italiana S.p.A.: DAL), a company listed in the STAR segment of the Italian stock exchange organised and managed by Borsa Italiana S.p.A. (“Datalogic”) and a global leader in the automatic data capture and process automation markets, yesterday approved its Consolidated Half-Year Financial Report as at 30 June 2020.
8/6/2020
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ViaSat, Inc.
ViaSat Reports solid financial results during Q1 2021 despite the challenges of coronavirus pandemic.
Q1 FY2021 was highlighted by diligent execution through the unprecedented level of uncertainty generated by the COVID-19 pandemic. In what is typically our lightest quarter of the fiscal year, we were able to achieve performance that compares favorably to the prior year period. Our business model is proving resilient, and our Adjusted EBITDA growth reflected our diverse customer base and operational skills across the Company.
8/6/2020
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EchoStar Corporation
EchoStar Reports the impact of COVID-19 on Financial Results for Three and Six Months Ended June 30, 2020.
Englewood, CO, August 6, 2020—EchoStar Corporation (NASDAQ: SATS) today announced its financial results for the three and six months ended June 30, 2020.
8/6/2020
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FLIR Systems Inc.
FLIR Systems Remains fully operational amid the spread of COVID-19, Reports solid 2Q20.
ARLINGTON, Va.--(BUSINESS WIRE)--Aug. 6, 2020-- FLIR Systems, Inc. (NASDAQ: FLIR) (“FLIR” or the “Company”), a world leader in the design, manufacture, and marketing of intelligent sensing technologies, today announced financial results for the second quarter ended June 30, 2020.
8/6/2020
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InterDigital, Inc.
InterDigital Reports double-digit revenue growth in 2Q20 in spite of COVID-19 outbreak.
WILMINGTON, Del., Aug. 06, 2020 (GLOBE NEWSWIRE) -- InterDigital, Inc. (NASDAQ:IDCC), a mobile and video technology research and development company, today announced results for the second quarter ended June 30, 2020.
8/6/2020
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Spirent Communications plc
Spirent Communications Grows revenue and profits in H1, Announces that Business operations managed during challenging environment with no staff reduction or furlough.
We had a strong start to the year in Q1, while in early Q2 we did experience some softness in order intake which rebounded in June. Overall, the first six month’s trading resulted in continued top line growth and significantly increased profitability, driven by prudent discretionary cost management. As we look forward, we remain vigilant about the impact COVID-19 may have on customer spending.
8/6/2020
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Nissha Co Ltd
Nissha Announces the impact of COVID-19 on Financial Results for the Six Months Ended June 30, 2020.
The Company has disclosed the consolidated financial statements based on IFRS from the fiscal year ended December 31, 2019 and the current consolidated results are compared and analyzed with the previous corresponding results that are modified based on IFRS.
8/6/2020
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Motorola Solutions, Inc.
Motorola Solutions Posts lower Q2 profit, sales and Announces COVID-19 update.
CHICAGO – Aug. 6, 2020 – Motorola Solutions, Inc. (NYSE: MSI) today reported its earnings results for the second quarter of 2020. Click here for a printable news release and financial tables.
8/6/2020
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Universal Electronics Inc.
Universal Electronics Announces the impact of COVID-19 on 2Q20, Provides 3Q20 Guidance.
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Aug. 6, 2020-- Universal Electronics Inc. (UEI), (NASDAQ: UEIC) reported financial results for the three and six months ended June 30, 2020.
8/6/2020
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Novanta Inc.
Despite the ongoing challenges of COVID-19, Novanta Provides solid financial results during 2Q20.
BEDFORD, Mass.--(BUSINESS WIRE)-- Novanta Inc. (Nasdaq: NOVT) (the “Company”), a trusted technology partner to medical and advanced technology equipment manufacturers, today reported financial results for the second quarter 2020.
8/6/2020
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CommScope Holding Company, Inc.
CommScope Holding Estimates that net sales negatively impacted by approximately $50 million due to supply constraints related to COVID-19.
HICKORY, NC, August 6, 2020 — CommScope Holding Company, Inc. (NASDAQ: COMM), a global leader in infrastructure solutions for communications networks, reported results for the quarter ended June 30, 2020.
8/6/2020
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Keyence
Keyence Remains fully operational amid coronavirus crisis.
The safety of our employees and customers is of utmost importance to us. As our products and solutions help keep many critical and essential businesses moving: KEYENCE remains fully operational. We continue to closely monitor and follow guidance from public health authorities as we set our company policies. Please read below for more information, but as this situation is ever-changing, feel free to reach out to us for the latest update.
8/6/2020
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RBC Bearings Inc.
RBC Bearings Q1 2021 net sales decreased, Announces COVID-19 Update.
OXFORD, Conn.--(BUSINESS WIRE)--Aug. 6, 2020-- RBC Bearings Incorporated (Nasdaq: ROLL), a leading international manufacturer of highly engineered precision bearings and components for the industrial, defense and aerospace industries, today reported results for the first quarter of fiscal year 2021.
8/6/2020
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Advanced Drainage Systems, Inc.
Advanced Drainage Systems Turns To Profit In Q1 2021 in spite the ongoing of COVID-19 outbreak.
HILLIARD, Ohio--(BUSINESS WIRE)-- Advanced Drainage Systems, Inc. (NYSE: WMS) (“ADS” or the “Company”), a leading provider of innovative water management solutions in the stormwater and on-site septic waste water industries today announced financial results for the first quarter ended June 30, 2020.
8/6/2020
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Thermon Group Holdings Inc.
Thermon Group Holdings Swing to loss during Q1 2021, Revenue decreased 38% QOQ and Provides COVID-19 Update.
AUSTIN, TX / ACCESSWIRE / August 6, 2020 / Thermon Group Holdings, Inc. (NYSE:THR) (the "Company," "Thermon," "we" or "our") today announced consolidated financial results for the first quarter ("Q1 2021") of the fiscal year ending March 31, 2021 ("Fiscal 2021").
8/6/2020
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VAT Inc.
VAT 2Q20 net sales up 28% QOQ, Announces that Operational Improvements Continue amid the spread of COVID-19 outbreak.
Group net sales up 28% vs Q2 2019; technology innovation key as customers invest in nextgeneration chip fabrication - Fewer COVID-19 supply chain disruptions than expected; global footprint supports production continuity
8/6/2020
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Parker-Hannifin Corporation
Amid COVID-19 pandemic, Parker Hannifin's Q4 Organic Sales, Orders Fall by More Than 20% YoY, Announces that manufacturing capacity maintained across the enterprise.
CLEVELAND, Aug. 06, 2020 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today reported results for the fiscal 2020 fourth quarter and full year ended June 30, 2020. Fiscal 2020 fourth quarter sales were $3.16 billion, compared with $3.68 billion in the prior year quarter. Net income was $295.7 million, compared with $413.7 million in the fourth quarter of fiscal 2019. Fiscal 2020 fourth quarter earnings per share were $2.27, compared with $3.17 in the prior year quarter. Adjusted earnings per share were $2.55, compared with adjusted earnings per share of $3.31 in the fourth quarter of fiscal 2019. A reconciliation of non-GAAP measures is included in the financial tables of this press release.
8/6/2020
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Siemens AG
Despite the severe global crisis, Siemens Delivered strong operating performance in 3Q20.
Revenue was €13.5 billion, 5% lower than the same quarter a year ago, with Mobility delivering growth and other industrial businesses posting declines resulting largely from factors related to COVID-19; orders, which came in 7% lower at €14.4 billion, included significant contract wins at Mobility resulting in a book-to-bill ratio well above one, at 1.07
8/6/2020
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Everspin Technologies, Inc.
Everspin Technologies Achieved high revenue during Q2, 2020 despite the impact of COVID-19 pandemic.
CHANDLER, Ariz.--(BUSINESS WIRE)--Aug. 6, 2020-- Everspin Technologies, Inc. (NASDAQ: MRAM), the market leader in MRAM, today announced financial results for the second quarter ended June 30, 2020.
8/6/2020
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Avnet, Inc.
Avnet's Q4 Earnings & Revenues Beat Estimates, Fall Y/Y and Announces COVID-19 Update.
PHOENIX--(BUSINESS WIRE)--Aug. 6, 2020-- Avnet, Inc. (Nasdaq: AVT) today announced results for its fourth quarter and fiscal year ended June 27, 2020.
8/6/2020
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Digi International Inc.
Digi International Achieved high revenue during 3Q20 with strong performance despite the ongoing f COVID-19 outbreak.
(Minneapolis, MN, August 6, 2020) - Digi International® Inc. (Nasdaq: DGII), a leading global provider of business and mission critical Internet of Things ("IoT") products, services and solutions, today announced its financial results for its third fiscal quarter ended June 30, 2020.
8/6/2020
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Giga-tronics Incorporated
Despite COVID-19 outbreak, Giga-tronics Reports 35% overall sequential growth over Q4 2020 and a return to profitability during Q1, 2021.
DUBLIN, Calif., Aug. 06, 2020 (GLOBE NEWSWIRE) -- Giga-tronics Incorporated (OTCQB: GIGA) (the “Company”) today reported results for its first fiscal quarter ended June 27, 2020.
8/6/2020
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Jenoptik
Jenoptik’s Revenues drop by 12% in first half of 2020, Provides COVID-19 Update.
From January through early March business performance was in line with expectations, but clear impacts of the corona pandemic and increasing uncertainty within the automotive industry became apparent from late March on. These impacts impeded Jenoptik’s business performance in this sector over the second quarter. Overall, demand at group level declined significantly in the six-month period, in part due to project postponements and cancellations. The order intake decreased to 333.9 million euros (prior year: adjusted 381.6 million euros). Due to the acquisition of INTEROB, the order backlog grew slightly to 478.0 million euros (31/12/2019: adjusted 464.7 million euros).
8/6/2020
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OPTEX GROUP CO., LTD.
OPTEX 2Q20 net sales dips on coronavirus pandemic.
A breakdown of the dividend per share at the end of the first six months of the fiscal year ending December 31, 2019: an ordinary dividend of 15.00 yen and a commemorative dividend of 2.50 yen
8/6/2020
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Azbil Corporation
Azbil Announces that due to the success of measures to control expenses and strengthen business profitability, operating income up 7.3% during Q1 2021 amid COVID-19.
Azbil Corporation (“the Company”) has introduced an employee stock ownership plan, and the number of treasury shares at the end of the period includes the Company’s stock held by a trust account (1,975,634 shares as of June 30, 2020; 1,977,024 shares as of March 31, 2020). Also, the Company’s stock held by the trust account is included in treasury shares that are deducted in the calculation of the average number of shares during the period (1,976,176 shares for the three months ended June 30, 2020; 1,987,403 shares for the three months ended June 30, 2019).
8/6/2020
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inTEST Corporation
inTEST 2Q20 Exceeds expectations, resulting in both revenue and profitability growth despite of coronavirus outbreak.
MT. LAUREL, N.J., Aug. 06, 2020 (GLOBE NEWSWIRE) -- inTEST Corporation (NYSE American: INTT), a global supplier of precision-engineered solutions for use in manufacturing and testing across a wide range of markets, including automotive, defense/aerospace, energy, industrial, semiconductor and telecommunications, today announced financial results for the quarter ended June 30, 2020.
8/6/2020
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Houston Wire & Cable Company
Houston Wire & Cable 2Q20 negatively impacted by COVID-19 pandemic.
HOUSTON, Aug. 06, 2020 (GLOBE NEWSWIRE) -- Houston Wire & Cable Company (NASDAQ: HWCC) (the “Company”) announced operating results for the second quarter ended June 30, 2020 and progress on its cost and debt reduction programs.
8/6/2020
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Identiv, Inc.
Despite the economic challenges of COVID-19, Identiv Reports solid financial results for the second quarter.
FREMONT, Calif. — August 6, 2020 — Identiv, Inc. (NASDAQ: INVE), a global provider of secure identification and physical security, reported financial results for the second quarter ended June 30, 2020.
8/6/2020
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MoSys, Inc.
MoSys Achieved high revenue during 2Q20, Announces COVID-19 Update.
SAN JOSE, CA / ACCESWIRE / August 6, 2020 / MoSys, Inc. (NASDAQ:MOSY), a provider of semiconductor solutions that enable fast, intelligent data access for Cloud, networking, security and communications systems, today reported financial results for its second quarter ended June 30, 2020.
8/6/2020
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Advantech Co., Ltd.
Advantech Announces that COVID-19 Impacts Short-Term Operation but Drives Long Term Digital Transformation Demand.
Advantech (stock code: 2395), a global leader in Industrial IoT, hosted its latest investor’s meeting today. Advantech reported an EPS of NT$5.14 for 1H20, up 2.4% YoY. Mr. Eric Chen President of General Management and CFO of Advantech, stated that, “The rebound of 2Q20 revenues was driven from delayed shipment of customer orders in 1Q20 but overall 1H20 revenues still declined 3.8% YoY. Advantech focused on vertical segment development and operational improvements, which led to a better margin profile in 1H20. The operating margin came in at 17.8% in 1H20.
8/5/2020
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Amazon.com, Inc.
Amazon Makes Sweeping Changes for First Prime Day of Pandemic
Amazon.com Inc. will kick off its first Prime Day since the coronavirus outbreak later this week in India, modifying almost everything about the retail bonanza to navigate the realities of a new era.
8/5/2020
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The Walt Disney Company
Disney shakes up streaming approach after losing nearly $5 billion due to pandemic
Company will release ‘Mulan’ for pay-per-view on Disney+ in areas where theaters are not open, and launch a new international streaming offering as other businesses flail because of COVID-19
8/5/2020
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Facebook, Inc.
Facebook and Twitter punish Trump over video where he says children ‘almost immune’ to Covid-19
Facebook on Wednesday removed a a video interview posted on the account of President Donald Trump in which he said that children are “almost immune” from Covid-19. Twitter later followed suit, blocking the president’s official re-election campaign account, @TeamTrump, from tweeting until it removed a link to the video. Twitter did not, however, restrict Trump’s other accounts, including his popular personal account.
8/5/2020
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PHISON Electronics Corp.
Phison to streamline operations in China
Flash device controller IC specialist Phison Electronics has disclosed plans to streamline its operations in China.
8/5/2020
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MetLife Inc.
Metlife assumes U.S. COVID-19 deaths to reach 200,000 in third quarter
NEW YORK (Reuters) - Metlife Inc (MET.N) said on Thursday it assumes U.S. deaths from COVID-19 will rise to about 200,000 by the end of September, but that the disease is having minimal overall impact on underwriting.
8/5/2020
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ROHM Co., Ltd.
Rohm Electronics Philippines Operates at a maximum rate of 50% to curb the spread of COVID-19 pandemic.
On August 3, the Philippine government announced that Metro Manila and neighboring provinces are now under modified enhanced community quarantine (MECQ)” starting August 4 until August 18.
8/5/2020
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Samsung Electronics Co. Ltd.
Samsung launches new Note, foldable phone as pandemic shrinks market
SEOUL (Reuters) - Samsung Electronics Co Ltd (005930.KS) unveiled its latest Galaxy Note smartphone and new version of its foldable phone, the Z Fold 2, on Wednesday, hoping to regain ground against rivals Huawei and Apple Inc (AAPL.O) as the smartphone market begins to recover from its COVID-19 slump.
8/5/2020
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INNOLUX CORPORATION
Innolux sees smaller net loss in Q2
Taipei, Aug. 5 (CNA) Innolux Corp., one of the largest flat panel makers in Taiwan, reported a smaller net loss for the second quarter because of stronger shipments to meet demand for remote work and online learning devices amid the COVID-19 pandemic.
8/5/2020
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Apple Inc.
Apple and Google’s COVID-19 tracking system will make its full US debut in new Virginia app
This week, Virginia plans to release a COVID-19 exposure notification app based on the specifications published by Apple and Google in April. The app, called COVIDWISE, is the first fully deployed implementation of Apple and Google’s system in the US and was beta tested by the state department of health.
8/5/2020
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Toyota Motor Corporation
Toyota Motor Announces statement on Operational Status amid the spread of COVID-19 pandemic.
We sincerely apologize for the anxiety and concern that this news may cause to people in the surrounding regions. The virus is an issue that has the potential to affect all Toyota locations and we are continuously working to further enhance our communication and health checks with staff at all locations. Toyota is actively implementing measures to prevent the further spread of the virus and remain committed to provide timely updates as the situation requires.
8/5/2020
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Bayerische Motoren Werke AG
BMW plunges to Q2 EBIT loss as coronavirus pandemic hits car sales.
Zipse: “Cautiously optimistic for second half of year” +++ Profit before tax after first half year at ca. € 500 million +++ Revenues and earnings impacted by Q2 market downturns +++ Strict inventories management helps safeguard cash flow +++ CO2 targets now set up for complete vehicle life cycle to 2030 +++ Far-reaching product strategy: significant CO2 reductions with over seven million electrified vehicles
8/5/2020
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Dialog Semiconductor PLC
Dialog Semiconductor Q2 revenue up by 21 percent from last quarter, Announces that supply chain remained stable amid spread of COVID-19 outbreak.
Q2 2020 revenue at US$302 million, 4% above the high-end of the May outlook range and strong sequential improvement in operating margin and underlying operating margin.
8/5/2020
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Hamamatsu Photonics K.K
Hamamatsu Photonics' Q3 Earnings negatively impacted by coronavirus pandemic.
During the third quarter of this fiscal year (nine months ended June 30, 2020), Japan’s economy was affected by a significant decline in demand due to restrained economic activities in various countries and regions caused by the global spread of the novel coronavirus (referred to below as “coronavirus”). In addition, corporate earnings rapidly deteriorated and the business climate became extremely challenging with an unpredictable outlook amid signs of decreasing capital investment and other factors.
8/5/2020
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Holy Stone Enterprise Co. Ltd.
Holy Stone Enterprise Reports Strong Q2 2020 in spite the impact of COVID-19 pandemic.
Holy Stone Enterprise Co., Ltd. (Holy Stone) (TWSE: 3026), today announced its second-quarter result of 2020. Consolidated revenue totaled NT$3,638 million, and gross profit was NT$795 million; gross profit margin reached 21.9%, operating profit was NT$403 million, income before tax was NT$445 million, net income comes to NT$338 million; net income attribution to parent company totaled NT$354 million, up 16% QoQ and 34% YoY. Basic earnings per share for the second quarter totaled NT$2.24. Accumulated basic earnings per share for first half of 2020 comes to NT$4.18.
8/5/2020
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IEC Electronics Corporation
Despite the challenging economic amid COVID-19, IEC Electronics Achieved high revenue with growth of 17% Y/Y during Q3 2020.
Newark, New York, August 5, 2020 - IEC Electronics Corp. (Nasdaq: IEC) today announced results for the fiscal 2020 third quarter and nine months ended June 26, 2020.
8/5/2020
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Excelpoint Technology Ltd
Excelpoint Technology Revenue increased by 8.3% during the Half Year Ended 30 June 2020, despite the impact of COVID-19 outbreak.
An income statement and statement of comprehensive income, or a statement of comprehensive income, for the group, together with a comparative statement for the corresponding period of the immediately preceding financial year.
8/5/2020
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Atomera Incorporated
Atomera Announces the impact of COVID-19 on Q2 financial results.
LOS GATOS, Calif., Aug. 05, 2020 (GLOBE NEWSWIRE) -- Atomera Incorporated (NASDAQ: ATOM), a semiconductor materials and intellectual property licensing company focused on deploying its proprietary technology into the semiconductor industry, today provided a corporate update and announced financial results for the second quarter ended June 30, 2020.
8/5/2020
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Vanguard International Semiconductor Corporation
VIS' Q2 2020 Achieved high revenue despite the economic challenges of COVID-19.
Hsinchu, Taiwan, August 5, 2020 – Vanguard International Semiconductor Corporation today announced consolidated revenue of NT$ 8,227 million, net income of NT$1,482 million, and earnings per share of NT$0.90 for the second quarter ended June 30, 2020.
8/5/2020
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TransAct Technologies Incorporated
TransAct Technologies Reports solid 2Q20 despite COVID-19 pandemic.
HAMDEN, Conn.--(BUSINESS WIRE)--Aug. 5, 2020-- TransAct Technologies Incorporated (Nasdaq: TACT) (“TransAct” or the “Company”), a global leader in software-driven technology and printing solutions for high-growth markets, today reported preliminary operating results for the quarter ended June 30, 2020.
8/5/2020
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Quantum Corporation
Quantum Reports Q1 2021 Loss, Provides COVID-19 Business Update.
SAN JOSE, Calif., Aug. 5, 2020 /PRNewswire/ -- Quantum Corporation (NASDAQ: QMCO) today announced financial results for its fiscal first quarter ended June 30, 2020.
8/5/2020
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Stratasys Ltd.
Stratasys Revenue Falls By Nearly Thirty Percent In Q2 2020 Due To Covid-19 Pandemic.
MINNEAPOLIS & REHOVOT, Israel--(BUSINESS WIRE)-- Stratasys Ltd. (NASDAQ: SSYS) announced financial results for the second quarter of 2020.
8/5/2020
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ZEISS International
Zeiss Reports decline in revenue during the first nine months of fiscal year 2019/20 due to COVID-19 pandemic.
Carl Zeiss Meditec generated revenue of €967.9m in the first nine months of fiscal year 2019/20 (prior year: €1,027.6m), a decline of -5.8% (adjusted for currency effects: -6.9%) compared with the same period of the prior year. Earnings before interest and taxes (EBIT) decreased to €111.9m (prior year: €184.2m). The EBIT margin was 11.6% (prior year: 17.9%).
8/5/2020
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Inseego
Inseego -12.9% after downgrades on wider loss during 2Q20, due to COVID-19 pandemic.
SAN DIEGO--(BUSINESS WIRE)--Aug. 5, 2020-- Inseego Corp. (Nasdaq: INSG) (the “Company”), a pioneer in 5G and intelligent IoT device-to-cloud solutions, today reported its results for the second quarter ended June 30, 2020. The Company reported second quarter net revenue of $80.7 million, reflecting year-over-year growth of 44%, GAAP operating loss of $5.3 million, GAAP net loss of $74.8 million, including $67.2 million of one-time non-cash charges relating to refinancing activities during the quarter, GAAP net loss of $0.78 per share, adjusted EBITDA of $4.3 million and non-GAAP net loss of $0.01 per share. Cash and cash equivalents at quarter end was $42.1 million.
8/5/2020
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SMTC Corporation
SMTC Corporation Announces Second Quarter Results, Announces that all of its facilities remains in operation amid COVID-19 pandemic.
TORONTO, Aug. 05, 2020 (GLOBE NEWSWIRE) -- SMTC Corporation (Nasdaq:SMTX), a global electronics manufacturing services provider and winners of Frost & Sullivan’s 2019 Best Practices Award for Customer Value Leadership in the Electronics Manufacturing Services Industry, today announced its second quarter 2020 results.
8/5/2020
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On Track Innovations Ltd.
On Track Innovations Reports 18% growth in revenue for 2Q20 despite the rising impact of the COVID-19 pandemic on the business environment.
YOKNEAM, Israel, Aug. 5, 2020 /PRNewswire/ -- On Track Innovations Ltd. ("OTI") (OTCQX: OTIVF) (the "Company" or "OTI"), a global provider of near field communication (NFC) and cashless payment solutions, today provided a business update and announced financial results for the second quarter ended June 30, 2020.
8/5/2020
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Neonode Inc.
Neonode's 2Q20 sales negatively impacted by market challenges due to COVID-19.
STOCKHOLM, SWEDEN, August 5, 2020 — Neonode Inc. (NASDAQ: NEON), today announced it expects revenues for the second quarter of 2020 to range between $650,000 and $850,000, a decrease of approximately 62% to 50% compared to the second quarter of 2019. Neonode also expects net loss per share for the second quarter of 2020 to range between $(0.17) to $(0.21), an increase of approximately 21% to 50% compared to the second quarter of 2019.
8/5/2020
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BK Technologies, Inc.
BK Technologies Remains in operation, Swings to loss during Q2 2020 due to COVID-19 outbreak.
WEST MELBOURNE, Florida – August 5, 2020 – BK Technologies Corporation (NYSE American: BKTI) today announced financial and operating results for the second quarter and six months ended June 30, 2020.
8/5/2020
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DASAN Zhone Solutions, Inc
DASAN Zhone Solutions Swing to loss during 2Q20 due to COVID-19.
Plano, Texas, August 5, 2020 - DASAN Zhone Solutions, Inc. (NASDAQ: DZSI, the "Company" or “DZS”), a leading enabler of the emerging hyper-connected, hyper-broadband world, today reported results for the second quarter of 2020.
8/5/2020
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EMCORE Corporation
EMCORE Achieved high revenue during Q2 2020 despite the global impact of the pandemic.
ALHAMBRA, Calif., Aug. 05, 2020 (GLOBE NEWSWIRE) -- In a release issued under the same headline earlier today by EMCORE Corporation (Nasdaq: EMKR), the Operating Profit table for the three months ended June 30, 2020 in the Reconciliations of GAAP to Non-GAAP Financial Measures tables should have referred to: (i) Total adjustments of $512,000 rather than $200,000; (ii) Non-GAAP Operating Profit of $(701,000) rather than $(1.013) million; (iii) Non-GAAP Operating Margin of -3% rather than -4%; (iv) Adjusted EBITDA of $328,000 rather than $16,000; and (v) Adjusted EBITDA % of 1% rather than 0%.
8/5/2020
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Fitbit, Inc.
Fitbit 2Q20 negatively impacted by COVID-19 pandemic, Provides Business Update.
SAN FRANCISCO--(BUSINESS WIRE)-- Fitbit, Inc. (NYSE:FIT) today reported revenue of $261 million, GAAP net loss per share of $(0.39), non-GAAP net loss per share of $(0.12), GAAP net loss of $(104) million, non-GAAP net loss of $(32) million, cash flow from operations of $33 million, and non-GAAP free cash flow of $28 million for its second quarter of 2020.
8/5/2020
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Extreme Networks, Inc.
Extreme Networks Provides Business Update, Announces that Q4 2020 Revenues dips on pandemic.
SAN JOSE, Calif., Aug. 5, 2020 /PRNewswire/ -- Extreme Networks, Inc. ("Extreme") (Nasdaq: EXTR) today released financial results for its fourth fiscal quarter and fiscal year ended June 30, 2020.
8/5/2020
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Advanced Energy Industries, Inc.
Advanced Energy Industries Reports strong Financial Results for Q2 2020 amid COVID-19 pandemic.
DENVER--(BUSINESS WIRE)--Aug. 5, 2020-- Advanced Energy Industries, Inc. (Nasdaq: AEIS), today announced financial results for the second quarter ended June 30, 2020.
8/5/2020
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Synaptics Incorporated
Synaptics Tops 2Q20 Revenue Estimates during the ongoing challenges of COVID-19 pandemic.
SAN JOSE, Calif., Aug. 05, 2020 (GLOBE NEWSWIRE) -- Synaptics Incorporated (NASDAQ: SYNA), the leading developer of human interface solutions, today reported financial results for its fourth fiscal quarter and fiscal year ended June 27, 2020.
8/5/2020
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Western Digital Corporation
Despite the impact of COOVID-19, Western Digital Achieved high revenue with growth of 18% Y/Y during Q4 2020.
Western Digital Corp. (Nasdaq: WDC) today reported fourth quarter and fiscal year 2020 financial results.
8/5/2020
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Sharp Corporation
Amid the spread of COVID-19, Sharp Expects to Achieve high profit for the Fiscal Year Ending March 31, 2021.
Sharp Corporation (“the Company”) announces the financial results forecast for the year ending March 31, 2021
8/5/2020
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Camtek Ltd.
Camtek Reports strong 2Q20 with revenue growth up to 8% Y/Y despite the ongoing of COVID-19 pandemic.
MIGDAL HAEMEK, Israel –August 5, 2020 – Camtek Ltd. (NASDAQ: CAMT; TASE: CAMT), today announced its financial results for the quarter ended June 30, 2020.
8/5/2020
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Ballard Power Systems Inc.
Ballard Power Systems Announced that Business continuity maintained with modest COVID-19 impact on Q2 results.
VANCOUVER, CANADA – Ballard Power Systems (NASDAQ: BLDP; TSX: BLDP) today announced consolidated financial results for the second quarter ended June 30, 2020. All amounts are in U.S. dollars unless otherwise noted and have been prepared in accordance with International Financial Reporting Standards (IFRS).
8/5/2020
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CSE Global Ltd.
Amid the spread of COVID-19 pandemic, CSE Global’s H1 earnings rise 47.7% during First Half ended 30 June 2020.
Group net profit in 1H2020 rose by 47.7% year-on-year to S$15.1 million on the back of a 39.1% growth in revenue to S$255.6 million
8/5/2020
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Energizer Holdings, Inc.
Energizer Holdings Provides COVID-19 update, Posts high net sales, net earnings dips on pandemic during 3Q20.
ST. LOUIS, Aug. 5, 2020 /PRNewswire/ -- Energizer Holdings, Inc. (NYSE: ENR) today announced results for the third fiscal quarter, which ended June 30, 2020. Net earnings from continuing operations were $29.0 million, or $0.37 per diluted common share, compared to net earnings from continuing operations of $9.2 million, or $0.07 per diluted common share, in the prior year third quarter. Adjusted Net earnings from continuing operations in the third quarter were $38.5 million, or $0.50 per diluted common share, compared to Adjusted Net earnings from continuing operations of $30.5 million, or $0.37 per diluted common share, in the third quarter of 2019.
8/5/2020
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NSK Ltd
NSK Announces that sales decreased by 40% YOY due to the impact of COVID-19 outbreak.
Sales decreased by 40% YOY due to stagnation in a wide ranfe of economic activites.
8/5/2020
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LPKF Laser & Electronics AG
LPKF Laser & Electronics Provides strong 2Q20 despite the global economic impact of the COVID-19 pandemic.
The second quarter of 2020 was significantly stronger than the first quarter, despite the global economic impact of the COVID-19 pandemic. At EUR 30.5 million, revenue was in line with the company’s forecast but 16% below the prior year figure. Still, LPKF was able to increase earnings before interest and taxes (EBIT) by 30% compared to the prior year figure, to EUR 5.2 million. This corresponds to an EBIT margin of 17.1% for the second quarter.
8/5/2020
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ITOCHU Corporation
ITOCHU Announces Q1 2021 Loss, sales dips on pandemic.
Data and projections contained in these materials are based on the information available at the time of publication, and various factors may cause actual results to differ materially from those presented in such forward-looking statements. ITOCHU Corporation, therefore, wishes to caution that readers should not practice undue reliance on forward-looking statements, and further, that ITOCHU Corporation has no obligation to update any forward-looking statements as a result of new information, future events or other developments.
8/5/2020
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NORMA Group
NORMA Group sales and earnings affected by the corona pandemic in the first half of 2020.
Maintal, Germany, August 5, 2020 – NORMA Group, a global market leader in engineered joining technology, reports a 21.2 percent decline in sales to EUR 445.0 million in the first half of 2020 (H1 2019: EUR 564.7 million). Sales declined by 21.7 percent in organic terms. Currency effects had a slightly positive impact of 0.5 percent on Group sales. Adjusted earnings before interest, taxes and amortization of intangible assets (adjusted EBITA) fell by 94.3 percent year-on-year in the first half of 2020 to EUR 4.6 million (H1 2019: EUR 80.6 million).
8/5/2020
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Allied Motion Technologies Inc.
Allied Motion Technologies Q2 2020 down 6%, Announces that all of its facilities operate amid COVID-19 pandemic.
AMHERST, N.Y.--(BUSINESS WIRE)--Aug. 5, 2020-- Allied Motion Technologies Inc. (Nasdaq: AMOT) (“Allied Motion” or “Company”), a designer and manufacturer that sells precision and specialty controlled motion products and solutions to the global market, today reported financial results for its second quarter ended June 30, 2020. Results include the Dynamic Controls Group (“Dynamic Controls”) acquisition that was completed on March 7, 2020.
8/5/2020
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Vertiv Group Corp.
Vertiv Delivers Strong Second Quarter Operating Performance despite COVID-19 pandemic.
COLUMBUS, Ohio--(BUSINESS WIRE)-- Vertiv Holdings Co (NYSE: VRT), a global provider of critical digital infrastructure and continuity solutions, reported second quarter 2020 net sales of $1,006 million, a decline of $128 million or 11.3% – 8.8% organically – from last year’s second quarter. This sales decline was primarily driven by negative COVID-19 impacts and the year-over-year timing of larger projects in the Americas and EMEA. Net sales were relatively flat in APAC, but up 4% organically – indicative of that region’s continued transition from negative effects of the epidemic.
8/5/2020
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Spectris plc
Spectris says Q2 performance was better-than-expected, Provides COVID-19 Business Update.
4 August 2020 – Spectris plc (SXS: LSE), the expert in providing insight through precision measurement, announces half year results for the six months ended 30 June 2020.
8/4/2020
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Alibaba Group Holding Ltd.
Alibaba Health raising US$1 billion through new share sale to fund expansion of pharmaceutical network
Alibaba Group’s flagship health care platform will sell 400 million new shares for HK$20.05-HS$20.50 (US$2.59-US$2.65) each, according to deal’s term sheet
8/4/2020
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Pfeiffer Vacuum
Pfeiffer Vacuum benefits from strong semiconductor business in challenging overall environment during H1 2020.
Asslar, August 4, 2020. Pfeiffer Vacuum Technology AG, a leading global manufacturer of vacuum solutions, today announced consolidated results for the first half of 2020.
8/4/2020
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Booking Holdings Inc.
Booking Holdings to lay off 25% of employees in pandemic measure
Booking Holdings (BKNG -0.5%) is looking to lay off 25% of its employees as a result of the COVID-19 pandemic.
8/4/2020
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Chunghwa Precision Test Tech. Co., Ltd.
Chunghwa Precision Posts highest-ever Q2 profit despite the ongoing of coronavirus outbreak.
CHPT (6510.TT), world semiconductor testing interface leader, today announced the operating results for the second quarter and the first half of 2020. Due to the strong testing demand on various chips for 5G smartphones, as well as the efficiency improvement on the internal operations management, CHPT set new records in second quarter revenues and profits for same period over the past years.
8/4/2020
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EnOcean GmbH
EnOcean GmbH Announces statement on Business Continuity and Delivery Status amid COVID-19 challenges as of August 4, 2020.
Due to the coronavirus pandemic, we provide you with an update on the situation and the actions taken.
8/4/2020
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Gates Corporation
Gates Q2 2020 revenue dips on pandemic.
Gates Industrial Corporation plc (NYSE: GTES), a leading global provider of application-specific fluid power and power transmission solutions, today reported results for the second quarter ended June 27, 2020.
8/4/2020
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Booking Holdings Inc.
Booking.com to cut thousands of workers after COVID-19 travel hit
Booking Holdings Inc. is the latest online travel giant to eliminate thousands of jobs after the coronavirus pandemic hammered the industry.
8/4/2020
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GlobalWafers Co., Ltd.
Due to the ongoing of COVID-19 challenges, GlobalWafers’ net profit drops on logistics costs during Q2 2020.
GlobalWafers board approved its financial statements for the second quarter ended June 30, 2020 today with the consolidated revenue of NT$ 13.7 billion, gross profit of NT$5.28 billion, operating profit of NT$ 4.23 billion, net income attributable to the parent company of NT$ 3.40 billion, and EPS of NT$ 7.81, operating margin of 30.9%, net profit margin of 24.8% hit the best record in the history. Quarter over quarter, the second quarter results represented 1.4% increase in consolidated revenue, 7.0% increase in gross profit, 11.2% increase in operating profit, 18% increase in net income attributable to the parent company, and NT$ 1.19 EPS up. Year over year, the second quarter results represented 6.8% decrease in consolidated revenue, 10.2% decrease in gross profit, 9.5% decrease in operating profit, 4.2% decrease in net income attributable to the parent company, and NT$0.34 EPS down. 2Q20 profitability edged up and beat the last 3 quarters, reflecting its correct operation strategy in driving growth against headwinds.
8/4/2020
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Atkore International
Atkore Delivers solid results during Q3 2020, despite challenging economic conditions caused by the COVID-19 pandemic.
HARVEY, Ill.--(BUSINESS WIRE)-- Atkore International Group Inc. (the "Company" or "Atkore") (NYSE: ATKR) announced earnings for its fiscal 2020 third quarter ended June 26, 2020.
8/4/2020
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Infineon Technologies AG
Infineon Warns of Weaker Demand in Key Markets
Infineon reported third quarter segment profit of 220 million euros ($259 million), beating analyst estimates of 119 million euros, but warned the Covid-19 pandemic continues to have a significant impact on its target markets, resulting in weaker demand in many product areas.
8/4/2020
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Infineon Technologies AG
Infineon Technologies swings to loss
Infineon Technologies AG on Tuesday posted an after-tax loss for the third quarter of its fiscal year, while revenue rose.
8/4/2020
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INNOLUX CORPORATION
INNOLUX Sees smaller net loss in Q2 during coronavirus pandemic.
Innolux Corporation (3481.TW) announced its 2Q 2020 consolidated revenues of NT$ 66.9 billion, operating loss of NT$ 3.4billion, net loss of NT$ 4.8 billion, and a basic EPS of NT$ -0.49, depreciation & amortization of NT$ 8.9 billion and capital expenditure of NT$ 4.5 billion.
8/4/2020
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Booking Holdings Inc.
Booking.com is laying off up to 25% of its workforce due to coronavirus downturn.
Booking.com’s parent company is planning on laying off up to 25% of its global workforce as the Covid-19 pandemic continues to take a heavy toll on travel, the company reported in a filing Tuesday.
8/4/2020
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Sony Corporation
Sony : Earnings Win Boss Battle With Coronavirus -- Heard on the Street
Japanese electronics and entertainment giant Sony hit a new high score as people stuck at home splurged on its games. The next level already looks within reach: The company's new videogame console arrives later this year.
8/4/2020
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AT & S Austria Technologie & Systemtechnik Aktiengesellschaft
AT & S Reports strong Q1 2021, Revenue Beats Estimates despite coronavirus crisis.
Leoben – AT&S reports a very good first quarter. Although the COVID-19 pandemic changed day-to-day life in the market and in the company, AT&S was able to compensate for the effects on ongoing production at the locations and consequently for the economic impact. In these turbulent times, marked by economic and market uncertainty, the stability of AT&S’s successful business structure and the excellent market position have become evident. Close cooperation with customers, the focus on high-end technologies and high quality standards prove to be the basis of AT&S’s success.
8/4/2020
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The Walt Disney Company
Disney takes $5 billion hit but pandemic impact not as bad as feared
LOS ANGELES (Reuters) - Walt Disney Co (DIS.N) on Tuesday avoided the unmitigated disaster some investors feared as it eked out an adjusted profit amid the coronavirus pandemic that shut down parks, movie theaters and sporting events across the globe.
8/4/2020
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Vishay Precision Group, Inc.
Vishay Precision Swings to loss during Q2 2020, Announces that all of its facilities are operating without limitations.
MALVERN, Pa., Aug. 04, 2020 (GLOBE NEWSWIRE) -- Vishay Precision Group, Inc. (NYSE: VPG), a leading producer of precision sensors and sensor-based systems, today announced its results for its fiscal 2020 second quarter ended June 27, 2020.
8/4/2020
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Infineon Technologies AG
Infineon's Q3 2020 Swings to loss as the pandemic continues impact target markets.
Neubiberg, Germany, 4 August 2020 – Infineon Technologies AG is today reporting results for the third quarter of the 2020 fiscal year (period ended 30 June 2020).
8/4/2020
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IPG Photonics Corporation
IPG Photonics' Q2 Revenue Beats Estimates in spite of coronavirus outbreak.
OXFORD, Mass., Aug. 04, 2020 (GLOBE NEWSWIRE) -- IPG Photonics Corporation (NASDAQ: IPGP) today reported financial results for the second quarter ended June 30, 2020.
8/4/2020
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Hino Motors, Ltd.
Hino Motors Delaying normal production due to COVID-19 pandemic.
PARKERSBURG — Hino Motors Manufacturing has again delayed resumption of normal production through at least August, a company representative said on Monday.
8/4/2020
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Integrated Micro-Electronics Inc.
IMI’s first half of 2020 was hampered by plant shutdowns
Philippine-based EMS provider, Integrated Micro-Electronics, Inc. (IMI), booked USD 476 million of first half revenue in 2020 as plant shutdowns in various operating regions significantly affected financial results.
8/4/2020
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Schaeffler Group
Amid the spread of COVID-19, Schaeffler Generates positive operating earnings in the 1st half of 2020 despite significant decline in revenue.
Revenue for 1st half of 2020 down 21.8 percent at constant currency due to coronavirus pandemic (prior year: 0.8 percent), second quarter shows gradual recovery, Greater China growth at 3 percent in 1st half of 2020
8/4/2020
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Sony Corporation
Sony Q1 revenue Remains steady due to COVID-19 gaming boom.
Sony has realigned its product category configuration in the Music segment with a more detailed breakdown in Recorded Music from the fourth quarter of the fiscal year ended March 31, 2020. In connection with the realignment, all prior period sales amounts by product category in the table above have been reclassified to conform to the current presentation.
8/4/2020
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Emerson Electric Co.
Emerson Electric Q3 2020 sales down due to the impact of COVID-19 pandemic outbreak.
ST. LOUIS, Aug 4, 2020 - Emerson (NYSE: EMR) today reported results for the third fiscal quarter ended June 30, 2020 and announced updated guidance for the full year.
8/4/2020
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SoftBank Group Corp.
SoftBank Announces the impact of COVID-19 pandemic on financial results for the three months ended June 30, 2020.
The financial impact of the outbreak of coronavirus disease 2019 (COVID-19) is incorporated into the consolidated financial result forecasts the Company could estimate as of July 2020, but the forecasts may be revised depending on the situation
8/4/2020
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Brother Industries, Ltd.
Brother Industries' Q1 2021 financial results Expect to decline due to the ongoing challenges of COVID-19 pandemic.
The financial statements have been prepared in accordance with International Financial Reporting Standards (IFRS).
8/4/2020
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Sanken Electric Co., Ltd.
Due to the impact of COVID-19 pandemic, Sanken Electric Reports that sales during Q1 2021 decrease to 16.4% YOY.
This quarterly financial report is not subject to quarterly reviews to be conducted by certified public accountants or an audit corporation
8/4/2020
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Wacker Chemie AG
WACKER Expects Declines in Sales and Earnings Due to Coronavirus Pandemic.
WACKER EXPECTS FULL-YEAR 2020 SALES AND EARNINGS TO BE BELOW PRIOR YEAR DUE TO THE CORONAVIRUS PANDEMIC, WITH HIGHER NET CASH FLOW FORECAST
8/4/2020
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MINEBEA MITSUMI Inc.
MINEBEA MITSUMI Announces that Q1 2021 Swings to loss during the ongoing challenges of COVID-19 outbreak.
Regarding the annual dividends for the fiscal year ending March 31, 2021, we will determine the dividend payout of around 20% on a consolidated basis.
8/4/2020
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HIROSE ELECTRIC CO., LTD.
HIROSE ELECTRIC's Q1 sales decreased by 3 % due to the global impact of COVID-19.
Business Results for the First Quarter of FY2020
8/4/2020
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IRISO Electronics co.,ltd
IRISO Electronics Announces that Q1 2020 sales and operating income decrease as production and sales have slumped due to COVID-19 impact.
YoY decrease in sales and operating income as production and sales have slumped due to COVID-19 impact.
8/4/2020
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Kopin Corporation
Kopin Remains in operation amid COVID-19, Reports high revenue during 2Q20.
WESTBOROUGH, Mass. - Kopin Corporation (Nasdaq: KOPN), a leading developer and provider of high resolution micro displays, optical modules and display sub-assemblies, today provided an update on its business initiatives and financial results for the second quarter ended June 27, 2020.
8/4/2020
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Nova Measuring Instruments Ltd.
Amid the spread of COVID-19, Nova Measuring Instruments Meets expectation during 2Q20, Achieved high revenue.
Rehovot, Israel, August 4, 2020 - Nova (Nasdaq: NVMI) today announced financial results for the second quarter 2020, the period ended June 30, 2020.
8/4/2020
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O-Net Communications Group Ltd.
O-Net Communications Reports the impact of COVID-19 on The Six Months Ended 30 June 2020, Provides COVID-19 Business Update.
The board (the “Board”) of directors (the “Directors”) of O-Net Technologies (Group) Limited (the “Company”) is pleased to announce the unaudited condensed consolidated interim financial statements of the Company and its subsidiaries (collectively, the “Group”) for the six months ended 30 June 2020 together with the comparative figures. The unaudited condensed consolidated interim financial statements have not been audited or reviewed by the Company’s auditor, but have been reviewed by the Company’s audit committee (the “Audit Committee”).
8/4/2020
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Detection Technology Oy
Detection Technology Oy Reports the impact of COVID-19 on 2Q20, Provides COVID-19 Update.
Detection Technology Q2 2020: Strong headwind and some tailwind in the COVID-19 waves
8/4/2020
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Coherent Inc.
Coherent Q3 Loss Widens due to the ongoing challenges of COVID-19 outbreak.
SANTA CLARA, Calif., Aug. 4, 2020 /PRNewswire/ -- Coherent, Inc. (NASDAQ: COHR), one of the world's leading providers of lasers, laser-based technologies and laser-based system solutions in a broad range of scientific, commercial and industrial applications, today announced financial results for its third fiscal quarter ended July 4, 2020.
8/4/2020
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Data I/O Corporation
Data I/O Provides Business Update, Announces that 2Q20 dips on pandemic.
Redmond, WA -- August 4, 2020 -- Data I/O Corporation (NASDAQ: DAIO), the leading global provider of advanced data and security deployment solutions for flash, flash-memory based intelligent devices and microcontrollers, today announced financial results for the second quarter ended June 30, 2020.
8/4/2020
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Mercury Systems, Inc.
Mercury Q4 Earnings Beat, Organic Revenues Aid Growth, Announces that Business Remains Resilient in light of the COVID-19 pandemic.
ANDOVER, Mass., Aug. 04, 2020 (GLOBE NEWSWIRE) -- Mercury Systems, Inc. (NASDAQ: MRCY, www.mrcy.com), reported operating results for the fourth quarter and fiscal year ended July 3, 2020.
8/4/2020
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CompX International Inc.
CompX International Reports 2Q20 Loss, Announces that COVID-19 pandemic impacted operations.
Dallas, Texas, Aug. 04, 2020 (GLOBE NEWSWIRE) -- CompX International Inc. (NYSE American: CIX) announced today sales of $23.8 million for the second quarter of 2020 compared to $33.7 million in the same period of 2019. Operating income was $2.4 million in the second quarter of 2020 compared to $5.6 million in the same period in 2019. Net income for the second quarter of 2020 was $2.1 million, or $0.17 per diluted share, compared to $4.9 million, or $0.39 per diluted share, in the second quarter of 2019.
8/4/2020
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Arista Networks, Inc.
Amid the spread of COVID-19, Arista Networks -5% after Q2 beat, strong revenue guidance.
SANTA CLARA, Calif.- August 4, 2020 -- Arista Networks, Inc. (NYSE: ANET), an industry leader in software-driven cloud networking solutions for large datacenter and campus environments, today announced financial results for its second quarter ended June 30, 2020.
8/4/2020
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Powell Industries, Inc.
Amid the spread of COVID-19, Powell Industries Reports solid operating performance during 3Q20.
HOUSTON, Aug. 4, 2020 /PRNewswire/ -- Powell Industries, Inc. (NASDAQ: POWL), a leading supplier of custom engineered solutions for the management, control and distribution of electrical energy, today announced results for the fiscal 2020 third quarter ended June 30, 2020.
8/4/2020
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Rotork plc
Rotork H1 profit hit by COVID-19, Provides update on Business Status.
Group order intake in the first half decreased 17.1% year-on-year, or 15.6% on an OCC basis, to £300.5m. The reduction, which was largely in the second quarter and impacted all of our divisions, reflected a sharp increase in economic uncertainty, the strong comparative period and extreme volatility in hydrocarbon prices.
8/4/2020
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Marubeni Corp.
Marubeni Q1 2021 profit fall on weaker ethanol demand for Gavilon due to the impact of COVID-19.
The assumptions in the forecasts of consolidated earnings, including the further spread of COVID-19 and when the pandemic might end, have not changed from those announced on May 7, 2020. For details, please refer to P.13 "1. Qualitative Information on Consolidated Financial Results for the Three-month Period under Review, (3) Qualitative Information on Future Outlook Including Forecasts of Consolidated Financial Results" on the attached materials. "3 Earnings per share attributable to owners of the parent (basic)" is based on "Profit attributable to owners of the parent" excluding the amount not attributable to ordinary shareholders.
8/4/2020
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TOA Corp.
TOA Financial Results for the Three Months Ended June 30, 2020 Affected by coronavirus outbreak.
Dividends for the fiscal year ending March 31, 2021 (Forecast) will be determined by taking into account the performances on stable dividend of ¥20, aiming at a consolidated dividend payout ratio of 35%, as announced in “Consolidated Financial Results for the Fiscal Year Ended March 31, 2020” on May 13, 2020.
8/4/2020
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Sato Kogyo Co Ltd
Sato Kogyo Provides Statement on Reported COVID-19 Infection at its site in Tokyo.
At our company, it was confirmed that one employee newly working at a work place in Tokyo was infected with the new coronavirus. The employee was confirmed "positive" as a result of the PCR test on August 2, and is still receiving medical treatment under the guidance of the public health center. Regarding the identification of concentrated contact of the employee and disinfection of the work place, we are cooperating appropriately with the public health center in charge.
8/3/2020
Source
Cirrus Logic, Inc.
Despite the impact of COVID-19 pandemic, Cirrus Logic Q2 Profit Tops Estimates.
AUSTIN, Texas--(BUSINESS WIRE)-- Cirrus Logic, Inc. (Nasdaq: CRUS)today posted on its website at investor.cirrus.com the quarterly Shareholder Letter that contains the complete financial results for the first quarter fiscal year 2021, which ended June 27, 2020, as well as the company’s current business outlook.
8/3/2020
Source
Regal Beloit Corp.
Regal Beloit Announces that COVID-19 Impacts Weighed Heavily On Sales and Manufacturing Operations during Q2 2020.
BELOIT, Wis., Aug. 3, 2020 /PRNewswire/ -- Regal Beloit Corporation (NYSE: RBC), a global leader in the engineering and manufacturing of high-efficiency electric motors and power transmission products, reported second quarter 2020 diluted earnings per share of $0.69 compared to $1.55 a year ago. Second quarter 2020 adjusted diluted earnings per share* were $0.95 compared to $1.49 a year ago.
8/3/2020
Source
Avid Technology, Inc.
Avid Technology Surpasses Q2 Earnings and Revenue Estimates, Provides COVID-19 Update.
BURLINGTON, Mass., Aug. 03, 2020 (GLOBE NEWSWIRE) -- Avid® (NASDAQ: AVID), a leading technology provider that powers the media and entertainment industry, today announced its second quarter 2020 financial results.
8/3/2020
Source
Curtiss-Wright Corporation
Curtiss-Wright Revenue Misses In Q2 due to impact of COVID-19.
DAVIDSON, N.C.--(BUSINESS WIRE)-- Curtiss-Wright Corporation (NYSE: CW) reports financial results for the second quarter ended June 30, 2020.
8/3/2020
Source
Elmos Semiconductor AG
Elmos meets forecast for the second quarter 2020, amid uncertainty during the COVID-19 pandemic.
Dortmund, August 3, 2020: Elmos Semiconductor SE (FSE: ELG) achieved sales of 58.8 million Euro in the second quarter of 2020 (Q2 2019 sales of continuing operations: 67.7 million Euro). As expected, the second quarter of 2020 was impacted by the crisis caused by the coronavirus pandemic. EBIT amounted to 3.2 million Euro in the reporting quarter, which corresponds to an EBIT margin of 5.4%. Investments were scaled back due to the course of business and amounted to 3.3 million Euro, or 5.6% of sales. Adjusted free cash flow amounted to -10.3 million Euro and was also influenced by tax payments. Extensive cost-cutting measures were introduced, such as short-time work in all production areas and significant parts of administration.
8/3/2020
Source
Qorvo Inc.
Qorvo’s COVID-19-impacted June quarter aided by 5G adoption
For fiscal first-quarter 2021 (ended 27 June 2020), Qorvo Inc of Greensboro, NC, USA (which provides core technologies and RF solutions for mobile, infrastructure and defense applications) has reported revenue of $787.5m, roughly level with $787.8m last quarter but up 1.5% on $775.6m a year ago.
8/3/2020
Source
SolarEdge Technologies Inc.
SolarEdge up 12% after hours on second-quarter revenue and solid earnings, despite Covid-19.
FREMONT, Calif.--(BUSINESS WIRE)--Aug. 3, 2020-- SolarEdge Technologies, Inc. (Nasdaq: SEDG), a global leader in smart energy technology, today announced its financial results for the second quarter ended June 30, 2020.
8/3/2020
Source
Fujikura Ltd.
Fujikura Q1 2021 Earnings Expect to decline due to the impact of COVID-19 pandemic.
Fujikura Ltd. (the "Company") hereby announces the record of Provision for Allowance for Losses on Guarantees in the first quarter non-consolidated financial statements and the forecast of its Consolidated Business Performance for the first half of the fiscal year ending March 31, 2021, which was announced as undecided in the "Consolidated Financial Results for the Fiscal Year Ended March 31, 2020 (Japan GAAP)," on June 10, 2020.
8/3/2020
Source
Aichi Tokei Denki Co Ltd
Aichi Tokei Denki Provides update regarding measures taken to curb the spread of COVID-19 pandemic outbreak.
In consideration of the situation where new coronavirus infectious diseases are re-expanding, we have been easing them so far. We are strengthening our infection prevention measures and taking the following measures. 1. Sales and production bases As a preventive measure when commuting to work, staggered hours, leaving and working, switching to private cars and shift work We will resume off-peak response due to such reasons. Due to off-peak support, it may be difficult to make phone calls. Thank you for your understanding Thank you.
8/3/2020
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Exide Industries Limited
Exide Industries reports Q1 net loss of Rs 13.56 crore, due to the impact of disruptions caused by the COVID-19 pandemic.
Kolkata, August 03, 2020: Exide Industries Limited, on Monday reported Net Turnover for the quarter ended June 30, 2020, of Rs. 1,547.62 crores as compared to Rs. 2,779.25 crores during the quarter ended June 30, 2019. Profit Before Tax and Profit After Tax were Rs. 62.73 crores and Rs. 43 .95 crores for the quarter ended June 30, 2020 as compared to Rs. 335.90 crores and Rs. 224.29 crores respectively during corresponding quaiier of previous year.
8/3/2020
Source
LG Chem Ltd.
Battery surplus' LG Chem, No. 1 battery over Corona
LG Chem has set a new record high based on its operating performance. Even during the Corona 19 ( COVID-19 ) crisis, it achieved the highest surplus in the battery sector and reflected the impact of achieving good results in all sectors, including petrochemicals. LG Chem is seeing a drop in raw material prices in the petrochemical sector due to the drop in international oil prices. Business divisions are showing even better performance, and earnings should continue to rise in 2H.
8/3/2020
Source
Ceragon Networks Ltd.
Ceragon Networks Reports Financial Results for the Second Quarter of 2020, and Provides COVID-19 Business Update.
Little Falls, New Jersey, August 3, 2020 - Ceragon Networks Ltd. (NASDAQ: CRNT), the #1 wireless hauling specialist, today reported results for the second quarter ended June 30, 2020.
8/3/2020
Source
MTU Aero Engines GmbH
MTU Aero Engines AG feels the effects of the coronavirus pandemic in the first six months.
Munich, August 3, 2020 – In the first six months of 2020, MTU Aero Engines AG generated revenue of euro 2,048.8 million; in the first half of 2019 revenue was euro 2,243.0 million. Operating profit1 was euro 224.2 million, compared with euro 365.2 million in the prior-year period. The EBIT margin was 10.9% in the first six months of 2020 (1-6/2019: 16.3%). Net income2 declined from euro 261.0 million to euro 161.3 million. “The figures reflect the first effects of the coronavirus pandemic,” said Reiner Winkler, CEO of MTU Aero Engines AG. “A better estimate of the quantitative impact of the coronavirus crisis is now also possible.
8/3/2020
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The Timken Company
Timken performed very well in Q2 2020, despite the unprecedented impact from the COVID-19 pandemic.
NORTH CANTON, Ohio, Aug. 3, 2020 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a world leader in engineered bearings and power transmission products, today reported second-quarter 2020 sales of $803.5 million, down 19.7 percent from the same period a year ago. The decline was driven by lower demand attributable to the broad economic slowdown caused by COVID-19, and unfavorable currency, partially offset by the favorable impact of acquisitions.
8/3/2020
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CKD USA Corporation
CKD USA Provides Statement on Reported COVID-19 Infection at its Yokkaichi Plant.
On August 1, it was confirmed that one employee of our Yokkaichi Plant (Yokkaichi, Mie Prefecture) was infected with the new coronavirus. The employee who was confirmed to have been infected had no physical condition abnormalities until July 29, and was working after performing temperature measurements before going to work. As a result of the test, a positive result was confirmed.
8/3/2020
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EBARA Corporation
About a Case of Novel Coronavirus Infection at EBARA's subsidiary company, as of Aug 3, 2020.
On July 31, 2020, it was confirmed that one temporary employee of EBARA's subsidiary company, Elliott Group located in Sodegaura tested positive for the Novel Coronavirus. Currently we are taking the following measures.
8/3/2020
Source
Hyundai Motor Company
Hyundai Autoever: Despite Covid-19, Profitability Remains Solid
Owing to the spread of Covid-19, new SI projects have been delayed. However, as half of Hyundai Autoever’s sales come from recurring IT outsourcing services, strong earnings are anticipated in the near term. We believe that expectations for healthy mid/long-term earnings remain valid, favorably viewing the firm’s strategic growth business amid clients’ accelerating digital transformation.
8/3/2020
Source
Samsung Electronics Co. Ltd.
Samsung opens in-house COVID-19 testing center
Samsung Electronics Co. said Monday it has set up an in-house virus testing center to ramp up its anti-virus measures amid the pandemic.
8/3/2020
Source
Dolby Laboratories, Inc.
Dolby Q3 Revenues Fall Y/Y and Provides COVID-19 Business Update.
SAN FRANCISCO, Aug. 03, 2020 (GLOBE NEWSWIRE) -- Dolby Laboratories, Inc. (NYSE:DLB) today announced the company's financial results for the third quarter of fiscal 2020. For the third quarter, Dolby reported total revenue of $246.9 million, compared to $302.2 million for the third quarter of fiscal 2019.
8/3/2020
Source
Seiko Epson Corporation
Seiko Epson aims to ship 400,000 printers in Taiwan in 2020
Seiko Epson aims to ship 400,000 printers in the Taiwan market in 2020, approximately remaining unchanged on year, according to James Lu, president for Epson Taiwan Technology & Trading.Seiko Epson produces printers and projectors in the Philippines, with a large portion of components imported from Malaysia, Lu noted. The production in the Philippines was impacted by the coronavirus pandemic in first-half 2020, resulting in short supply for printers in the second quarter, and projectors in April and May, Lu indicated, adding production began to return to normal levels in June.
8/3/2020
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CEI Limited
CEI Limited Swing to loss during First Half Year Ended 30 June 2020, due to coronavirus crisis.
The Board of Directors of CEI Limited wishes to announce the unaudited results of the Group and of the Company for the First Half Year Ended 30 June 2020.
8/3/2020
Source
Yazaki Corp.
Yazaki Announces that one employee tested positive for coronavirus at its Fuji Parts Plant.
We have confirmed that one employee working at our group company Fuji Parts Co., Ltd. Kosai Plant (Kosai City, Shizuoka Prefecture) is infected with the new coronavirus. The employee had a fever on July 27, had been treated at home from the 28th, and the PCR test on the 31st revealed a positive result on the 1st of August.
8/3/2020
Source
Itron, Inc.
Itron's 2Q20 Swings to loss, Announces that all of its factories up and running with aggressive measures to drive safety across entire operation.
LIBERTY LAKE, Wash.--(BUSINESS WIRE)--Aug. 3, 2020-- Itron, Inc. (NASDAQ:ITRI) announced today financial results for its second quarter ended June 30, 2020. Key results for the quarter include (compared with the second quarter of 2019).
8/3/2020
Source
Harmonic Inc.
Harmonic Exceeds expectations during 2Q20 despite challenging market conditions.
SAN JOSE, Calif., Aug. 3, 2020 /PRNewswire/ -- Harmonic Inc. (NASDAQ: HLIT) today announced its unaudited results for the second quarter of 2020.
8/3/2020
Source
Veeco Instruments Inc.
Veeco Instruments Record high revenue, Announces that all of its sites operating at or near normal capacity during 2Q20.
PLAINVIEW, N.Y., Aug. 03, 2020 (GLOBE NEWSWIRE) — Veeco Instruments Inc. (Nasdaq: VECO) today announced financial results for its second quarter ended June 30, 2020. Results are reported in accordance with U.S. generally accepted accounting principles (“GAAP”) and are also reported adjusting for certain items (“Non-GAAP”). A reconciliation between GAAP and Non-GAAP operating results is provided at the end of this press release.
8/3/2020
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UNISEM Co., Ltd.
UNISEM Records high profit and revenue during 2Q20, Extends safety measures to curb the spread of COVID-19 pandemic.
The Quarterly Report has been prepared in accordance with the reporting requirements outlined in the MFRS 134 issued by the Malaysian Accounting Standards Board (MASB) and Paragraph 9.22 of the Listing Requirements of Bursa Securities Malaysia Berhad and should be read in conjunction with the Group’s annual audited financial statements for the year ended 31 December 2019.
8/3/2020
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Oki Electric Industry Co., Ltd
Oki Electric Industry's President Provides update on restructuring business environment regarding COVID-19 pandemic.
OKI's business environment continues to undergo significant changes, including labor shortages and aging infrastructure in Japan, environmental issues, technological innovations such as 5G/AI, and paradigm shifts caused by COVID-19 in the global market.
8/1/2020
Source
3D Perception Inc
3D perception Response Efforts to COVID-19, as of Jul 31, 2020.
3D perception (3DP) is continually monitoring public health communications for updates and guidance about COVID-19. We hold the welfare of people first and foremost and recognize there are potential business impacts.
7/31/2020
Source
Advantech Co., Ltd.
Advantech gets virus boost, but remains conservative.
Advantech (ticker: 2395.TW) today announced the following consolidated financial results for the second quarter of 2020 ending June 30.
7/31/2020
Source
Legrand
Legrand sales and profit in the first half fall due to pandemic.
Amid the current unprecedented health crisis arising from the Covid-19 epidemic, Legrand has adopted a responsible approach towards all of its stakeholders, focusing on key priorities.
7/31/2020
Source
Chevron Corporation
Chevron swings to big Q2 loss, fully impairs $2.6B Venezuela investment
Chevron (NYSE:CVX) -2.9% pre-market after reporting weaker than expected Q2 earnings and revenues, hit by the twin effects of a weak oil price and depressed demand from the coronavirus.
7/31/2020
Source
Johnson Controls International Plc.
Johnson Controls Reports Fiscal Q3 Results Demonstrating Strong Execution In An Unprecedented Time; Provides Q4 Guidance
CORK, Ireland, July 31, 2020 /PRNewswire/ -- Johnson Controls International plc (NYSE: JCI) today reported a fiscal third quarter 2020 GAAP loss per share from continuing operations, including special items, of $0.24. Excluding these items, adjusted earnings per share ("EPS") from continuing operations was $0.67, up 3% versus the prior year period (see attached footnotes for non-GAAP reconciliation).
7/31/2020
Source
Illinois Tool Works Inc.
Illinois Tool Works Q2 Earnings and Revenues Beat Estimates, amid the challenging environmental of coronavirus.
GLENVIEW, Ill., July 31, 2020 (GLOBE NEWSWIRE) -- Illinois Tool Works Inc. (NYSE: ITW) today reported its second quarter 2020 results.
7/31/2020
Source
WACOM
Wacom Announces the Impact of the COVID-19 pandemic on its business activities during Q1 FY 03/21.
In the Technology Solution Business segment, sales (JPY 10.1 bn) and segment profit (JPY 1.7 bn) increased on demand for EMR technology solutions, others* 2 from OEM partners.
7/31/2020
Source
ALPS ALPINE CO., LTD.
ALPS ALPINE Announces the impact of COVID-19 on Financial Results for the Three Months Ended June 30, 2020.
Information regarding operating results Regarding the global economy during the three months ended June 30, 2020, the outlook for the global economy remains bleak due to the outbreak of the novel coronavirus (COVID-19) and a decline in consumer spending caused by restrictions on movement in the U.S.. In Europe, the economy remains sluggish as the result of the spread of the novel coronavirus infections and consumption declined due to lockdowns in major cities.
7/31/2020
Source
Bel Fuse Inc.
Bel Reports Q2 2020 Results, Announces that its facilities are operational, albeit at slightly reduced efficiency levels.
JERSEY CITY, N.J., July 31, 2020 (GLOBE NEWSWIRE) -- Bel Fuse Inc. (Nasdaq: BELFA and BELFB), a designer, manufacturer and provider of products that power, protect and connect electronic circuits, today announced preliminary financial results for the second quarter of 2020.
7/31/2020
Source
LG Chem Ltd.
LG Chem’s EV batteries drive best-ever performance in Q2
LG Chem posted a second quarter revenue of 6.9 trillion won ($5.8 billion) and an operating profit of 571.6 billion won on Friday, marking an earnings surprise on the back of its electric vehicle batteries.
7/31/2020
Source
CTS Corporation
CTS Tops Q2 EPS by 9c, Revenues Miss due COVID-19 challenges.
Lisle, Ill. - CTS Corporation (NYSE: CTS) today announced second quarter 2020 results. Sales were $84.2 million, down 30% year-over-year. Sales to transportation customers declined 53%, and sales to other end markets grew 14%. Excluding $5.4 million in sales from the QTI acquisition, sales to other end markets grew 1%.
7/31/2020
Source
nVent
nVent provides a business update in response to the COVID-19 and reports financial results for the second quarter of 2020.
LONDON, UNITED KINGDOM – July 31, 2020 – nVent Electric plc (NYSE:NVT) (“nVent”), a global leader in electrical connection and protection solutions, today provided a business update in response to the COVID-19 pandemic and announced financial results for the second quarter of 2020.
7/31/2020
Source
LyondellBasell Industries NV
LyondellBasell Q2 profits falls 70%, though sees signs of easing
LyondellBasell (LYB -4.7%) after reporting weaker than expected Q2 earnings and revenues, impacted by declines in economic activity associated due to COVID-19 related restrictions.
7/31/2020
Source
Prosegur Sistemas de Securanca Ltda
Prosegur Sistemas de Securanca Swings to loss during the first six months of 2020, due to COVID-19 pandemic.
Madrid, July 31, 2020 - Prosegur's sales reached 1,775 million euros in the first half of 2020, which represents 13.6% less compared to the same period of the previous year. This figure already reflects the deconsolidation of sales of the Security business in France, classified as available for sale, and of the Alarms business in Spain. In any case, and as in previous quarters, operations continue to report positive organic growth of 3.5%, showing the resilience of the business against the COVID-19 coronavirus but affected by the unfavorable exchange rate of currencies.
7/31/2020
Source
Cool Holdings, Inc.
Cool Holdings Swings to loss during first fiscal quarter ended May 2, 2020 and Announces COVID-19 Business Update.
MIAMI, July 31, 2020 – Cool Holdings, Inc. (OTCQB: AWSM), (the “Company” or “Cool Holdings”), the parent company of Simply Mac, Inc., the largest Apple Premier Partner in the U.S. (“Simply Mac”), today announced results for its first fiscal quarter ended May 2, 2020.
7/31/2020
Source
KVH Industries, Inc.
KVH Industries Reports Q2 Loss, Tops Revenue Estimates, Made progress on core business despite the ongoing financial and other challenges presented by COVID-19.
MIDDLETOWN, RI, July 31, 2020 — KVH Industries, Inc., (Nasdaq: KVHI), reported financial results for the quarter ended June 30, 2020 today. The company will hold a conference call to discuss these results at 9:00 a.m. ET today, which can be accessed at investors.kvh.com. Following the call, a replay of the webcast will be available through the company’s website.
7/31/2020
Source
NEC Corporation
NEC Slips to Loss In Q1 2021 On Weak Revenues due to coronavirus pandemic.
Net profit/loss refers to net profit/loss attributable to owners of the parent for the same period. * As stated in the July 21, 2020 announcement, “NEC to Revise Operating Segments”, NEC has revised its operating segments from Q1, FY21/3. Figures for the corresponding period of FY19/3 or FY20/3 have been restated to conform with the new segments.
7/31/2020
Source
Murata Manufacturing Co., Ltd.
Murata Manufacturing Swings to loss during First Quarter of FY2020, Provides update on Operational Status amid COVID-19 pandemic.
Net sales almost reached targets despite having decreased by 8.6% year-on-year due to a plunge in sales for car electronics and smartphones.
7/31/2020
Source
Espec Corp.
Espec Provides update on the Recent Novel Coronavirus Infection at Nagoya Sales Office as of July 31, 2020.
On Thursday, July 30, one person at the ESPEC Nagoya Sales Office was confirmed as having become infected with the novel coronavirus.
7/31/2020
Source
O2Micro International Limited
O2Micro International Achieved high revenue during Q2, 2020 despite the challenges of COVID-19 pandemic.
Operational and Strategic Highlights: Q2 2020 revenue was 17.3 Million, up 21.1% from the same quarter in the previous year and up 10.9% sequentially and within the range of guidance provided on May 8th, 2020.
7/31/2020
Source
Mersen
Mersen Reports solid results In the first half of 2020, Delivers a respectable performance in terms of both business levels and operating margin.
PARIS, JULY 31, 2020 – Mersen (Euronext FR0000039620 – MRN), a global expert in electrical power and advanced materials, has released its sales figures for the second quarter of 2020 and interim results for the period ended June 30, 2020
7/31/2020
Source
EIZO Corporation
EIZO Announces the impact of COVID-19 outbreak on 20 Q1 Consolidated Financial Results.
Sales increased in Japan due to increasing demand for home office applications. Sales did decrease in some countries due to the slowing economic situation.
7/31/2020
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Seiko Epson Corporation
Seiko Epson's financial results for the year ending March 2021 may swing to loss due to the lingering effects of the pandemic.
Seiko Epson Corporation (TSE: 6724, "Epson") today announced that its board of directors had approved disclosure of its to date undisclosed financial results forecast for the year ending March 2021.
7/31/2020
Source
The Eastern Company
The Eastern Company Reports Financial Results for the Second Quarter of 2020, and Provides COVID-19 Business Update.
The Eastern Company Reports Results for the Second Quarter 2020 a 21% Decline in Net Sales to $48.8 Million; a Loss of $0.30 per Share, Primarily Due to $4.0 Million Goodwill Charge; and Adjusted Earnings of $0.38 per Share
7/31/2020
Source
ALPS ALPINE CO., LTD.
ALPS ALPINE Revenue Misses In Q2 due to impact of COVID-19.
The forward-looking statements, including earnings forecasts, contained in these materials are based on information currently available to ALPS ALPINE CO., LTD. (the “Company”) and certain assumptions deemed to be reasonable, and are not intended to guarantee the achievement of these forecasts. Actual results may differ materially from the forecasts due to various factors. Please refer to “1.Qualitative Information on Financial Results for the Three Months Ended June 30, 2020, (3) Information regarding consolidated earnings forecast and other forward-looking statements” on page 3 of the attached materials for the assumptions used in the forecasts and notes regarding the use of the forecasts.
7/31/2020
Source
Aptiv PLC
Aptiv shares fall after pandemic-strained quarter, withheld guidance
The pandemic-related declines in the auto industry drove Aptiv's (NYSE:APTV) Q2 revenue down 46% Y/Y. Revenue in the U.S. and Europe were down 64% and 51%, respectively.
7/31/2020
Source
Würth Elektronik GmbH & Co. KG
Würth Elektronik Provides Business Update regarding COVID-19 pandemic, as of July 31, 2020.
we are still in the middle of a pandemic that is affecting our daily lives. We very much hope that you as a company and all your employees are not or have not been affected by cases of illness. The health of all people is now more important than ever.
7/31/2020
Source
Micronics Japan Co. Ltd.
Micronics Japan Remains in operation amid the spread of COVID-19 pandemic as of July 31, 2020.
We established the emergency task force in Headquarters and some other domestic locations to implement prompt countermeasures against the widespread COVID-19 continuously. Considering all the recent circumstances, we would like to announce our new countermeasures revised from those previously announced on May 27th.
7/31/2020
Source
Hill-Rom Holdings, Inc.
Hill-Rom beats FQ3 consensus
While the company is not reinstating financial guidance due to the ongoing COVID-19 uncertainties, Hillrom now projects fiscal 2020 non-GAAP EPS of at least $5.40 compared to average analyst expectation of $5.54.
7/31/2020
Source
ITT INC.
ITT Revenue Misses In Q2 as a result of the negative impact of COVID-19.
White Plains, N.Y., July 31, 2020 – ITT Inc. (NYSE: ITT) today reported 2020 second-quarter financial results that reflect our diversification and resilience, and the proactive actions we’ve taken to mitigate the impacts of the pandemic.
7/31/2020
Source
Spirit Aerosystems Holdings Inc.
Spirit AeroSystems Makes Further Workforce Adjustments at its facility in Wichita, Kanas to Align with Lower Market Demand.
WICHITA, Kan., July 31, 2020 /PRNewswire/ -- Spirit AeroSystems (NYSE: SPR) announced today it will further reduce employment at its facility in Wichita, Kan., as a result of the most recent rate reduction on the 737 MAX and the ongoing global pandemic, which continue to impact the demand for new commercial aircraft and the airline industry as a whole.
7/31/2020
Source
USHIO INC
USHIO Announces that Net Sales and Earnings Decreased to YoY for 1Q FY2020 (Result) and YoY for FY2020 (Full-year Forecast) because of COVID-19 impact.
Significant decline in sales of image equipment and lamps for cinema (light source business) due to COVID-19
7/31/2020
Source
MEIDENSHA CORPORATION
MEIDENSHA Announces COVID-19 impact on Earnings for the Three Months Ended June 30, 2020.
Tokyo, Japan, July 31, 2020 — Meidensha Corporation (TSE: 6508) reported consolidated net sales of ¥36,165 million and a net loss attributable to owners of the parent of ¥2,156 million, or minus ¥47.53 per share, for the three months ended June 30, 2020.
7/31/2020
Source
Apple Inc.
Apple delivers blowout earnings amid COVID-19, market shrugs off iPhone delays
(Reuters) - Apple Inc (AAPL.O) on Thursday delivered blowout quarterly results, reporting revenue gains across every category and in every geography as consumers working and learning from home during the COVID-19 pandemic turned to its products and services.
7/30/2020
Source
Alphabet Inc.
Alphabet beats revenue estimates buoyed by cloud and YouTube
Alphabet Inc.’s first drop in revenue in at least a decade wasn’t as bad as analysts’ expected as advertisers ravaged by the coronavirus pandemic relied on the internet giant to connect with people stuck at home.
7/30/2020
Source
Amazon.com, Inc.
Amazon profit tops estimates despite COVID-19 expense
Amazon.com Inc. reported profit that far exceeded analysts’ estimates, showing that the e-commerce giant can make money despite spending heavily to keep operating through the COVID-19 pandemic.
7/30/2020
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Oki Electric Industry Co., Ltd
Oki Electric Industry's Q1 2021 negatively impacted by COVID-19 pandemic.
Amounts are rounded to the nearest hundred million. The outlook for fiscal year ending March 31, 2021 has been undecided because it is difficult to reasonably estimate the impact of COVID-19, but we have made the forecast based on currently available information and forecasts, and have made it public. The projections and plans in this document are subject to change depending upon the changes of business environments and other conditions.
7/30/2020
Source
Casa Systems
Casa Systems revenues top $83M in Q2 2020, Provides COVID-19 Business Update.
ANDOVER, Mass., July 30, 2020 (GLOBE NEWSWIRE) -- Casa Systems, Inc. (Nasdaq: CASA), a leading provider of physical and cloud-native infrastructure technology solutions for mobile, cable and fixed networks, today announced its financial results for its second quarter ended June 30, 2020.
7/30/2020
Source
Aptiv PLC
Aptiv Reports Q2 Loss, Revenues Miss Estimates, Provides update regarding COVID-19 pandemic.
Aptiv Reports Second Quarter 2020 Financial Results
7/30/2020
Source
Anritsu Corp.
Anritsu Reports strong financial performance during Q1 2021, despite the impact of COVID-19 outbreak.
As a result, during the first-quarter of the fiscal year ending March 31, 2021, orders increased 6.8 percent compared with the previous fiscal year to 29,019 million yen, and revenue increased 10.6 percent compared with the previous fiscal year to 25,693 million yen. Operating profit increased 90.0 percent compared with the previous fiscal year to 5,121 million yen, profit before tax increased 102.1 percent compared with the previous fiscal year to 5,115 million yen.
7/30/2020
Source
AU Optronics Corp.
AU Optronics Earnings, Revenue Beat in Q2 despite the ongoing challenges of coronavirus outbreak.
AU Optronics Corp. ("AUO" or the "Company") (TWSE: 2409) today held its investor conference and announced its consolidated financial results for the second quarter of 2020(1).
7/30/2020
Source
Riber
Riber’s first-half revenue down 17% year-on-year due to the ongoing challenges of COVID-19 pandemic outbreak.
Bezons, July 30, 2020 – 6:30pm – RIBER, a global market leader for semiconductor industry equipment, is reporting its revenues for the first half of 2020.
7/30/2020
Source
Siltronic AG
Despite the impact of COVID-19 pandemic, Siltronic reports strong second quarter 2020.
Business at Siltronic AG (MDAX/TecDAX: WAF) developed better than expected in Q2 2020. On a half-year basis, however, sales and earnings were below the prior-year period as forecast. The corona pandemic led to partly strong demand for wafer area, especially in Q2 2020. This was mainly driven by a digitization push triggered by the pandemic and a probable build-up of inventories in the entire semiconductor value chain. The measures taken by Siltronic in Q1 2020 to ensure the health of its employees and the smooth running of production continued to be successful in Q2.
7/30/2020
Source
SPX Corporation
SPX Corporation maintained stable revenues and adjusted operating income, Despite the impact COVID-19 pandemic.
CHARLOTTE, N.C., July 30, 2020 (GLOBE NEWSWIRE) -- SPX Corporation (NYSE:SPXC) today reported results for the quarter ended June 27, 2020.
7/30/2020
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Brooks Automation, Inc.
Brooks Automation's Q3 Earnings and Revenues Surpass Estimates, despite the current environment's headwinds of coronavirus.
CHELMSFORD, Mass., July 30, 2020 /PRNewswire/ -- Brooks Automation, Inc. (Nasdaq: BRKS) today reported financial results for the third fiscal quarter, ended June 30, 2020.
7/30/2020
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Cohu, Inc.
Cohu Tops Q2 EPS by 10c, Revenues Beat despite the ongoing of coronavirus crisis.
Cohu Reports Second Quarter 2020 Results
7/30/2020
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Apple Inc.
Apple Delivers blowout earnings during Q3 2020 amid COVID-19, market shrugs off iPhone delays.
Cupertino, California — July 30, 2020 — Apple today announced financial results for its fiscal 2020 third quarter ended June 27, 2020. The Company posted quarterly revenue of $59.7 billion, an increase of 11 percent from the year-ago quarter, and quarterly earnings per diluted share of $2.58, up 18 percent. International sales accounted for 60 percent of the quarter’s revenue.
7/30/2020
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TDK Corporation
TDK's Q1 2021 Profit Down, Continues To Expect Weak Results In FY.
Digital transformation (DX) has accelerated during the COVID-19 pandemic, and demand related to remote working and 5G was stronger than initially anticipated.
7/30/2020
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Kyocera Corporation
Kyocera Swings to loss during the three months ended June 30, 2020 due to the global economic deterioration caused by the spread of the COVID-19 epidemic.
During the three months ended June 30, 2020 (“the first quarter”), both sales revenue and profits were below those for the three months ended June 30, 2019 (“the previous first quarter”), due mainly to stagnation in major markets as a result of global economic deterioration caused by the spread of the COVID-19 epidemic.
7/30/2020
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DuPont
DuPont Beats Q2 Earnings and Revenue Estimates in spite of coronavirus pandemic.
In the midst of the ongoing pandemic we delivered results ahead of expectations, while also continuing our emphasis on the safety and well-being of our employees and the needs of our customers," said Ed Breen, DuPont Executive Chairman and Chief Executive Officer. "We delivered on our structural cost commitments and generated organic revenue growth in the Electronics & Imaging and Nutrition & Biosciences segments despite significant declines in global economic activity.
7/30/2020
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Hikvision Digital Technology Co. Ltd.
Hikvision profit up 9.66 percent in H1 2020, Provides COVID-19 Business Update.
July 30, 2020 – Hikvision, an IoT solution provider with video as its core competency, has released its financial results for the first half of 2020. During the period, Hikvision generated a revenue of RMB 24.27 billion with a year-over-year (YoY) increase of 1.45%, and net profits attributable to shareholders of the company was RMB 4.62 billion, reflecting a YoY growth of 9.66%.
7/30/2020
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Materialise NV
Materialise Reports Q2 Loss, Misses Revenue Estimates and Provides COVID-19 Update.
LEUVEN, Belgium--(BUSINESS WIRE)--Jul. 30, 2020-- Materialise NV (NASDAQ:MTLS), a leading provider of additive manufacturing and medical software and of sophisticated 3D printing services, today announced its financial results for the second quarter ended June 30, 2020.
7/30/2020
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FormFactor, Inc.
FormFactor Tops Q2 Earnings Estimates in spite of COVID-19 challenges environment.
LIVERMORE, Calif., July 30, 2020 (GLOBE NEWSWIRE) -- FormFactor, Inc. (Nasdaq: FORM) today announced its financial results for the second quarter of fiscal 2020 ended June 27, 2020. Quarterly revenues were $157.8 million, compared to $160.8 million in the first quarter of fiscal 2020 and within the updated revenue estimate announced on July 1, an increase of 14.4% from $138.0 million in the second quarter of fiscal 2019.
7/30/2020
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Ultralife Corporation
Ultralife Announces the impact of COVID-19 on Second Quarter 2020 Financial Results.
NEWARK, N.Y., July 30, 2020 (GLOBE NEWSWIRE) -- Ultralife Corporation (NASDAQ: ULBI) reported operating income of $2.3 million on revenue of $28.6 million for the second quarter ended June 30, 2020. For the second quarter of 2019, the Company reported operating income of $3.0 million on revenue of $29.4 million.
7/30/2020
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Nisshinbo Holdings Inc.
Nisshinbo Holdings Announces the impact of COVID-19 on it business.
Nisshinbo Holdings Inc. announces the following revisions to its consolidated operating performance forecast for the fiscal year ended December 31, 2020, from the figures announced on May 14, 2020, based on recent trends in operating performance
7/30/2020
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Panasonic Corporation
Panasonic Posts quarterly loss as pandemic hits sales hard during the three-month ended June 30, 2020.
Osaka, Japan, July 30, 2020 -- Panasonic Corporation (Panasonic [TSE:6752]) today reported its consolidated financial results for the three months ended June 30, 2020, of the current fiscal year ending March 31, 2021 (fiscal 2021). Panasonic also announced its annual forecasts for fiscal 2021.
7/30/2020
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Saint-Gobain Group
Construction group St Gobain first-half profits fall, as the global construction industry has been hit by the COVID-19 pandemic.
Sales down 12.3% like-for-like in first-half 2020, including a 19.2% decrease in the second quarter owing to the coronavirus pandemic, with very different situations from one country and market to the next
7/30/2020
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Prysmian S.p.A
Italy's Prysmian updates full-year guidance, says margins stable in the first half even while the coronavirus crisis caused an 11.8% drop in sales.
Sales at €4,985M (-11.8% organic change). As expected, the Covid-19 crisis mainly impacted the Trade & Installers business (-16.3%) linked to the construction sector, after a strong start. The Power Distribution showed greater resilience. Solid performance of Energy & Infrastructure in North America (+0.9%) mainly thanks to Onshore Wind. The Industrial and Network Components business remained stable, with negative impacts reported above all by Automotive (-1.1% organic change, excluding the Automotive segment). The Telecom segment declined, in line with expectations (-20.1%) as a result of the comparison with the excellent H1 2019 performance and the effects of the pandemic, which further slowed down installation activities.
7/30/2020
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Dana Incorporated
Amid the global COVID-19 pandemic, Dana Reports Q2 Loss, Tops Revenue Estimates.
Sales for the second quarter of 2020 totaled $1.08 billion, compared with $2.3 billion in the same period of 2019. The decrease is primarily attributable to weaker demand across all mobility markets due to customers idling operations through the first half of the quarter in response to the global COVID-19 pandemic.
7/30/2020
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Samsung Electronics Co. Ltd.
Samsung Q2 earnings higher than expected amid Covid-19 disruption.
Samsung Electronics reported today KRW 52.97 trillion in consolidated revenue and KRW 8.15 trillion in operating profit for the second quarter ended June 30, 2020.
7/30/2020
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Power Integrations, Inc.
Power Integrations' Q2 adjusted earnings Beat Estimates in spite of COVID-19 outbreak.
SAN JOSE, Calif.--(BUSINESS WIRE)-- Power Integrations (Nasdaq: POWI) today announced financial results for the quarter ended June 30, 2020. Net revenues for the second quarter were $106.8 million, down three percent compared to the prior quarter and up four percent from the second quarter of 2019. Net income for the second quarter was $13.2 million or $0.44 per diluted share compared to $0.53 per diluted share in the prior quarter and $0.37 per diluted share in the second quarter of 2019. Cash flow from operations for the second quarter was $36.7 million.
7/30/2020
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Xilinx, Inc.
Xilinx's Q1, 2021 adjusted earnings Beat Estimates despite ongoing business challenges from COVID-19.
SAN JOSE, Calif.--(BUSINESS WIRE)-- Xilinx, Inc. (Nasdaq: XLNX), the leader in adaptive and intelligent computing, today announced revenues of $727 million for the first quarter of fiscal year 2021.
7/30/2020
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Xilinx, Inc.
Xilinx posts in-line FQ1 and outlook, despite the pandemic's impact on the automotive and industrial markets.
SAN JOSE, Calif.--(BUSINESS WIRE)--Jul. 30, 2020-- Xilinx, Inc. (Nasdaq: XLNX), the leader in adaptive and intelligent computing, today announced revenues of $727 million for the first quarter of fiscal year 2021.
7/30/2020
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FLEX LTD.
FLEX Q1 2021 Earnings Beat Estimates, Revenues Fall Y/Y despite the ongoing of coronavirus outbreak.
San Jose, Calif., July 30, 2020 – Flex (NASDAQ: FLEX) today announced results for its first quarter ended June 26, 2020.
7/30/2020
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DSP Group, Inc.
DSP Group's Q2 Earnings Match Estimates despite a disrupted business environment brought about by the COVID-19 pandemic.
SAN JOSE, Calif., July 30, 2020 (GLOBE NEWSWIRE) -- DSP Group®, Inc. (NASDAQ: DSPG), a leading global provider of voice and wireless chipset solutions for converged communications, announced today its results for the second quarter ended June 30, 2020.
7/30/2020
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Ducommun Inc.
Ducommun Beats Q2 Earnings and Revenue Estimates, Provides COVID-19 Update.
SANTA ANA, Calif., July 30, 2020 (GLOBE NEWSWIRE) -- Ducommun Incorporated (NYSE:DCO) (“Ducommun” or the “Company”) today reported results for its second quarter ended June 27, 2020.
7/30/2020
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LG Electronics Inc.
LG Electronics' Q2 2020 Profit, Revenue Down Amid Covid-19.
SEOUL, July 30, 2020 — LG Electronics Inc. (LG) second-quarter 2020 financial results were affected significantly by the worldwide impact of the pandemic. Consolidated revenue of KRW 12.83 trillion (USD 10.51 billion) was 17.9 percent lower than the same period of 2019, while operating profit of KRW 495.4 billion (USD 405.65 million) declined 24.1 percent from last year’s record second-quarter operating income. The resilient company managed its supply chain and cost structure to weather the storm of the global public health and economic crises.
7/30/2020
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MagnaChip Semiconductor Corporation
MagnaChip Reports solid performance during Q2 2020, Announces COVID-19 Business Update.
SEOUL, South Korea and SAN JOSE, Calif., July 30, 2020 /PRNewswire/ -- MagnaChip Semiconductor Corporation (NYSE: MX) ("MagnaChip" or the "Company") today announced financial results for the second quarter of 2020.
7/30/2020
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Hubbell Incorporated
Hubbell Surpasses Q2 Earnings Estimates, Provides COVID-19 update.
SHELTON, CT. (July 30, 2020) – Hubbell Incorporated (NYSE: HUBB) today reported operating results for the second quarter ended June 30, 2020.
7/30/2020
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Maxell Holdings, Ltd.
Maxel Announces stagnation of production and sales in the first quarter due to economic downturn by COVID-19.
Stagnation of production and sales due to economic downturn by COVID-19
7/30/2020
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GSI Technology, Inc.
GSI Technology's Q1, 2021 Affected by business challenges related to the COVID-19 restrictions globally.
SUNNYVALE, Calif., July 30, 2020 (GLOBE NEWSWIRE) -- GSI Technology, Inc. (NASDAQ: GSIT) today reported financial results for its first fiscal quarter ended June 30, 2020.
7/30/2020
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Silicon Motion Technology Corporation
Silicon Motion Technology's Q2 2020 Tops Revenue Estimates despite COVID-19 outbreak.
TAIPEI, Taiwan and MILPITAS, Calif., July 30, 2020 (GLOBE NEWSWIRE) -- Silicon Motion Technology Corporation (NasdaqGS: SIMO) (“Silicon Motion” or the “Company”) today announced its financial results for the quarter ended June 30, 2020. For the second quarter, net sales (GAAP) increased sequentially to $136.8 million from $132.8 million in first quarter 2020. Net income (GAAP) increased to $28.2 million or $0.80 per diluted ADS (GAAP) from net income (GAAP) of $25.9 million or $0.74 per diluted ADS (GAAP) in first quarter 2020.
7/30/2020
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Reliance Industries Ltd.
Reliance Industries said COVID-19 impacted the group's operations and revenue Drops 44% during June Quarter.
The Company successfully completed India’s largest ever Rights Issue of ₹ 53,124 crore (oversubscribed by 1.59 times) - world’s largest by a Non-Financing Institution in last ten years.
7/30/2020
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Mitsubishi Electric Corporation
Mitsubishi Electric Revenue Misses In Q2 due to the impact of COVID-19.
TOKYO, July 30, 2020 – Mitsubishi Electric Corporation (TOKYO: 6503) announced today its consolidated financial results for the first quarter, ended June 30, 2020, of the current fiscal year ending March 31, 2021 (fiscal 2021).
7/30/2020
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Twitter, Inc.
Twitter temporarily restricts Donald Trump Jr.'s account after he posts video claiming masks are unnecessary
(CNN)Twitter restricted Donald Trump Jr.'s ability to tweet after he posted a video featuring a doctor making false claims about coronavirus cures and stating that people "don't need masks" to prevent the virus from spreading, a Twitter spokesperson said Tuesday.
7/29/2020
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The Boeing Company
Boeing cuts jet output, jobs as pandemic hammers sales
(Reuters) - Boeing Co (BA.N) slashed production on its widebody programs, delayed the arrival of its newest jet, and confirmed the demise of its iconic 747, as it reported a bigger-than-expected quarterly loss on Wednesday amid fallout from the COVID-19 pandemic.
7/29/2020
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General Dynamics Corporation
General Dynamics cuts 2020 profit forecast as pandemic weighs on IT, aerospace
(Reuters) - General Dynamics Corp (GD.N) cut its full-year profit outlook on Wednesday as its information technology and aerospace units grappled with coronavirus-led disruptions, although it signaled a gradual pick-up in demand for its Gulfstream jets.
7/29/2020
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General Electric Company
Pandemic pummels GE second-quarter earnings; shares sink 5%
(Reuters) - General Electric Co (GE.N) saw less cash outflow than estimated in the second quarter, even as the coronavirus pandemic pummeled demand in its aviation business, resulting in a wider-than-expected quarterly loss.
7/29/2020
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General Motors Company
GM says it can pay off $16 billion loan if U.S. recovery continues
(Reuters) - General Motors Co (GM.N) on Wednesday said if the U.S. economy continues to recover from the coronavirus pandemic and the auto industry does not experience any further production shutdowns, the No. 1 U.S. automaker should be able to generate enough cash to pay off a $16 billion loan by the end of the year.
7/29/2020
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Shirai Electronics Industrial Co. Ltd.
Shirai Electronics Industrial Provides Statement on Reported COVID-19 Infection at its Mikami Plant.
An employee working at our Mikami Plant (Yasu City, Shiga Prefecture) was infected with the new coronavirus We are pleased to inform you that it has become clear. Perform PCR test at medical institutions However, it was confirmed on July 28 that the new coronavirus was positive. The employee has not been at work since July 23 and is currently undergoing medical treatment. As a result of the behavior history of the relevant employee being confirmed by the competent public health center, it corresponds to a rich contact person within our company.
7/29/2020
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MKS Instruments, Inc.
MKS Instruments Posts Q2 Revenue Up 15%, Provides COVID-19 Update.
ANDOVER, Mass., July 29, 2020 (GLOBE NEWSWIRE) -- MKS Instruments, Inc. (NASDAQ: MKSI), a global provider of technologies that enable advanced processes and improve productivity, today reported second quarter 2020 financial results.
7/29/2020
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BASF SE
BASF Group: EBIT before special items declines in second quarter due to weaker demand as a result of the corona pandemic.
As expected, the economic effects of the corona pandemic had a much stronger impact in the second quarter of 2020 than in the first quarter of this year. Customer industries were affected to varying degrees: BASF was particularly negatively impacted by the collapse in demand from the automotive industry, while demand from the detergent and cleaner industry and the food industry was stable. BASF was able to continue production at all important sites worldwide.
7/29/2020
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Silicon Laboratories Inc.
Silicon Labs Tops Q2 EPS by 17c, Revenues Beat amid the challenging environmental of coronavirus.
AUSTIN, Texas, July 29, 2020 /PRNewswire/ -- Silicon Labs (NASDAQ: SLAB), a leading provider of silicon, software and solutions for a smarter, more connected world, today reported financial results for its second quarter ended July 4, 2020. Revenue was near the top end of the guidance range at $207.5 million, down from $214.9 million in the first quarter. Second quarter GAAP and non-GAAP diluted earnings (loss) per share (EPS) were $(0.04) and $0.74, respectively.
7/29/2020
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Garmin Ltd.
Garmin gains on Q2 beats despite pandemic-related Auto weakness
Automotive and aviation weakness due to the coronavirus pandemic helped drive Garmin's (NASDAQ:GRMN) Q2 revenue down 9% Y/Y, but the company still beat top and bottom line estimates. Garmin shares are up 4.7% pre-market to $104.
7/29/2020
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BASF SE
BASF plunges after cautious Q3 comments
BASF (OTCQX:BASFY -3.9%) confirms preliminary Q2 results and says it still cannot provide guidance for full-year sales and earnings due to uncertainty over the coronavirus.
7/29/2020
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The Boeing Company
Boeing slashes aircraft production plans, warns on new job cuts as coronavirus devastates travel
Boeing said Wednesday it plans to cut aircraft production and warned about the possibility of further reductions in its workforce as the impact of the coronavirus pandemic ravages demand for air travel.
7/29/2020
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General Electric Company
GE reports quarterly loss as coronavirus pandemic hits hard.
BOSTON — July 29, 2020 — GE (NYSE:GE) announced results today for the second quarter ending June 30, 2020.
7/29/2020
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Littelfuse, Inc.
Due to production and demand impacts related to COVID-19, Littelfuse, Inc.'s Q2 2020 Net sales of $307.3 million were down 23% versus the prior year period, and down 22% organically.
CHICAGO--(BUSINESS WIRE)--Jul. 29, 2020-- Littelfuse, Inc. (NASDAQ: LFUS), a global manufacturer of leading technologies in circuit protection, power control and sensing, today reported financial results for the second quarter ended June 27, 2020:
7/29/2020
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Morningstar Corporation
Morningstar Reports solid Q2 2020 and Provides COVID-19 Business Update.
CHICAGO, July 29, 2020 /PRNewswire/ -- Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment research, today announced second-quarter 2020 financial results reflecting the resilience of its business.
7/29/2020
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Eaton Corp. PLC
Eaton Records 2Q Profit Despite Lower Sales as the Covid-19 pandemic disrupted demand.
DUBLIN, Ireland … Power management company Eaton Corporation plc (NYSE:ETN) today announced that earnings per share were $0.13 for the second quarter of 2020. Excluding charges of $0.20 per share related to acquisitions and divestitures and $0.37 per share related to a multi-year restructuring program, adjusted earnings per share were $0.70.
7/29/2020
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General Motors Company
GM swings to an $800 million loss as coronavirus shuttered factories and devastated sales in the second quarter
General Motors lost $806 million and burned through billions of dollars of cash in the second quarter in what is expected to be the worst three months of the year for the auto industry as the coronavirus pandemic shuttered factories and devastated sales.
7/29/2020
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Qorvo Inc.
Qorvo Q1 Earnings Top Estimates, Stock Up on Solid View amid the challenging environmental of coronavirus.
GREENSBORO, N.C., July 29, 2020 (GLOBE NEWSWIRE) -- Qorvo® (Nasdaq:QRVO), a leading provider of innovative RF solutions that connect the world, today announced financial results for the Company’s fiscal 2021 first quarter, ended June 27, 2020.
7/29/2020
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Knowles Corporation
Knowles Q2 Earnings Miss Estimates, Revenues Down Y/Y due to the impact of Covid-19 pandemic.
ITASCA, Ill.--(BUSINESS WIRE)-- Knowles Corporation (NYSE: KN), a market leader and global provider of advanced micro-acoustic, audio processing, and precision device solutions, today announced results for the quarter ended June 30, 2020.
7/29/2020
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Tower Semiconductor Ltd.
Tower Semiconductor falls sharply after Q2 results, due to the impact of Covid-19 pandemic.
MIGDAL HAEMEK, Israel, July 29, 2020 (GLOBE NEWSWIRE) -- Tower Semiconductor (NASDAQ: TSEM & TASE: TSEM) reported today its results for the second quarter ended June 30, 2020.
7/29/2020
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Cognex Corporation
Cognex’s revenue in Q2-20 Affected by global COVID-19 pandemic, Provides Business Update.
NATICK, Mass.--(BUSINESS WIRE)-- Cognex Corporation (NASDAQ:CGNX) today reported financial results for the second quarter of 2020. Table 1 below shows selected financial data for Q2-20 compared with Q2-19 and Q1-20, and for the six months ended June 28, 2020 compared with the same period in 2019. Notably, Cognex recorded significant restructuring and other charges, totaling over $42 million, in Q2-20 that reduced earnings for the quarter by $0.20 per diluted share.
7/29/2020
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Federal Signal Corporation
Despite Significant Challenges COVID-19 outbreak, Federal Signal Q2 Operational Performance Impressive, with Margins Exceeding Target Ranges.
Oak Brook, Illinois, July 29, 2020 — Federal Signal Corporation (NYSE:FSS) (the “Company”), a leader in environmental and safety solutions, today reported results for the second quarter ended June 30, 2020.
7/29/2020
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Renault-Nissan-Mitsubishi
Bad timing: COVID compounds woes of Renault-Nissan alliance
PARIS/TOKYO (Reuters) - When the French part of the Renault-Nissan alliance reports its results on Thursday, investors expect confirmation of a harsh reality: automakers that already had weaknesses are having them mercilessly exposed by the COVID-19 epidemic.
7/29/2020
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Ams AG
Despite Covid-19, ams reports second quarter revenues at mid-point and profitability at top end of expectation range.
Premstaetten, Austria (29 July 2020) -- ams (SIX: AMS), a leading worldwide supplier of high performance sensor solutions, reports record revenues for the second quarter, up 13% year-on-year and at the mid-point of the expectation range, with strong adjusted operating profitability at the top end of the expectation range. This growth was driven by demand in ams’ consumer business, even with the ongoing Covid-19 pandemic and its macro-economic and end market impact which resulted in muted automotive and industrial demand. Despite these factors ams expects a very good third quarter with revenues of USD 530-570 million and continued strong profitability resulting in an adjusted operating (EBIT) margin of 21-24%.
7/29/2020
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Radware Ltd.
Radware Tops Q2 Earnings Estimates, despite the unusual COVID-19 related circumstances.
Radware® (NASDAQ: RDWR), a leading provider of cyber security and application delivery solutions, today announced its consolidated financial results for the quarter ended June 30, 2020.
7/29/2020
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Samsung Electronics Co. Ltd.
Samsung stocks back to pre-COVID prices as foreigners return
Samsung Electronics shares bounced back to 60,000 won ($50.30) in nearly five months on Wednesday, with mounting interest of foreign investors for the fourth consecutive session.
7/29/2020
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Qualcomm Incorporated
Qualcomm surpasses earnings expectations, despite COVID-related setbacks
SAN DIEGO - July 29, 2020 - Qualcomm Incorporated (NASDAQ: QCOM) today announced results for its fiscal third quarter ended June 28, 2020.
7/29/2020
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Garmin Ltd.
Garmin® reports strong second quarter 2020 revenue and income during the COVID-19 pandemic.
SCHAFFHAUSEN, Switzerland--(BUSINESS WIRE)-- Garmin Ltd. (Nasdaq: GRMN – News) today announced results for the second quarter ended June 27, 2020.
7/29/2020
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TE Connectivity Ltd.
TE Connectivity delivered sales and adjusted earnings per share above expectations, despite the ongoing COVID-related impacts.
SCHAFFHAUSEN, Switzerland, July 29, 2020 /PRNewswire/ -- TE Connectivity Ltd. (NYSE: TEL) today reported results for the fiscal third quarter ended June 26, 2020.
7/29/2020
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Impinj Inc.
Impinj Reports Q2 Loss, Misses Revenue Estimates due to COVID-19 outbreak.
SEATTLE--(BUSINESS WIRE)-- Impinj, Inc. (NASDAQ: PI), a leading provider and pioneer of RAIN RFID solutions, today released its financial results for the second quarter ended June 30, 2020.
7/29/2020
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Kulicke and Soffa Industries, Inc.
Kulicke and Soffa Industries Reports Q3 2020, Announces that its global manufacturing facilities are operating at nearly full capacity.
SINGAPORE--(BUSINESS WIRE)--Jul. 29, 2020-- Kulicke and Soffa Industries, Inc. (NASDAQ: KLIC) (“Kulicke & Soffa,” “K&S” or the “Company”), today announced financial results of its third fiscal quarter ended June 27, 2020. The Company reported third quarter net revenue of $150.5 million, net income of $11.2 million and non-GAAP net income of $12.9 million.
7/29/2020
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Belden Inc.
Despite the spread of coronavirus, Belden second-quarter results top expectations.
ST. LOUIS--(BUSINESS WIRE)-- Belden Inc. (NYSE: BDC), a leading global supplier of specialty networking solutions, today reported fiscal second quarter 2020 results for the period ended June 28, 2020.
7/29/2020
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United Microelectronics Corporation
UMC’s results in Q2 exceed expectations, amid uncertainty during the COVID-19 pandemic.
Taipei, Taiwan, ROC – July 29, 2020 – United Microelectronics Corporation (NYSE: UMC; TWSE: 2303) (“UMC” or “The Company”), a leading global semiconductor foundry, today announced its consolidated operating results for the second quarter of 2020.
7/29/2020
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Benchmark Electronics, Inc.
Benchmark Electronics' Q2 2020 Revenue Lags, Provides update on Business Continuity amid COVID-19 pandemic.
TEMPE, Ariz., July 29, 2020 /PRNewswire/ -- Benchmark Electronics, Inc. (NYSE: BHE) today announced financial results for the second quarter ended June 30, 2020.
7/29/2020
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SoftBank Group Corp.
SoftBank sets up subsidiary for COVID-19 testing
TOKYO -- SoftBank Group on Wednesday said it established a subsidiary to offer saliva-based coronavirus tests, as Japan continues to grapple with the spread of COVID-19.
7/29/2020
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Xerox Corporation
Xerox Announces update on Business Continuity Status amid COVID-19, Reports that Q2 Earnings Beat Estimates, Revenues Lag.
$34 million of operating cash flow from continuing operations, down $242 million year-over-year, and $15 million of free cash flow, down $245 million year-over-year
7/28/2020
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Tesla
Tesla says took government payroll benefits to offset coronavirus shutdowns
(Reuters) - Tesla Inc (TSLA.O) received payroll related benefits from the government in the first half of the year to help reduce the impact of the coronavirus pandemic on its business, the electric carmaker said in a filing on Tuesday.
7/28/2020
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3M Company
3M’s Sales Drop Despite Demand for Face Masks, Cleaning Supplies
3M Co. is the lead maker of the most critical face masks in the fight against Covid-19. But mask demand hasn’t protected the company from the brutal economic impact of the pandemic.
7/28/2020
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ASM International N.V.
ASMI Provides COVID-19 Business Update, keeps the gears turning in Q2.
ASM International N.V. (Euronext Amsterdam: ASM) today reports its second quarter 2020 operating results (unaudited) in accordance with IFRS.
7/28/2020
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AudioCodes Ltd.
AudioCodes -10%, despite beating Q2 results amid the spread of COVID-19 outbreak.
AudioCodes, a leading vendor of advanced communications software, products and productivity solutions for the digital workplace, today announced financial results for the second quarter ended June 30, 2020.
7/28/2020
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Canon Inc.
Canon drops after pandemic-driven Q2 downside
Canon (NYSE:CAJ) is down 6.4% after this morning's Q2 report, which missed top and bottom line estimates.
7/28/2020
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Canon Inc.
Canon Suffers first quarterly loss amid pandemic.
Canon Inc. (the “Company”) revised its consolidated results forecast for the fiscal year ending December 31, 2020, which was left undetermined in its CONSOLIDATED RESULTS FOR THE FIRST QUARTER ENDED MARCH 31, 2020, disclosed on April 23, 2020.
7/28/2020
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Canon Inc.
Canon profit slides 80% on virus, yen impact
Canon Inc. reported an 80% drop in net profit for the first half of the year due to the coronavirus pandemic's impact on its businesses and a stronger Japanese yen.
7/28/2020
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SAMSUNG ELECTRO-MECHANICS
Samsung Electro-Mechanics Q2 net dips on pandemic.
Demand for high-end camera module to recover vs. Q2, but uncertainty remains around flagship set demand YoY due to COVID-19
7/28/2020
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BE Semiconductor Industries N.V
Besi’s Q2 unfazed by coronavirus outbreak.
Duiven, the Netherlands, July 28, 2020 - BE Semiconductor Industries N.V. (the “Company" or "Besi") (Euronext Amsterdam: BESI; OTC markets: BESIY, Nasdaq International Designation), a leading manufacturer of assembly equipment for the semiconductor industry, today announced its results for the second quarter and first half year ended June 30, 2020.
7/28/2020
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eBay Inc.
EBay Boosts Outlook on Pandemic; Investors Ask If It Will Last
EBay Inc. raised its profit and sales forecasts for the year, but the new outlook disappointed investors who hoped the digital marketplace would take greater advantage of the surge in consumer spending during the pandemic. Shares declined as much as 6% in extended trading.
7/28/2020
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Maxim Integrated
Maxim Integrated Provides COVID-19 Update and Reports that its Q4 2020 EPS beats by $0.01, misses on revenue.
Except for historical information, this presentation may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements involve risks and uncertainties that could cause actual results to differ materially from expectations, including the impact of the coronavirus (COVID-19) pandemic. Additionally, please refer to the Company’s Annual Report on Form 10-K for the fiscal year ended June 29, 2019 for a description of some of the risk factors that could cause actual results to differ materially from such forward-looking statements.
7/28/2020
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Seagate Technology LLC
Seagate Q4 Profit Drops, Sees Q1 Results Below View due to COVID-19 pandemic.
FREMONT, Calif.--(BUSINESS WIRE)-- Seagate Technology plc (NASDAQ: STX) (the “Company” or “Seagate”) today reported financial results for its fourth quarter and fiscal year ended July 3, 2020.
7/28/2020
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Hammond Manufacturing Ltd.
Hammond Manufacturing Reports strong Q2, despite the impact of COVID-19 pandemic.
HAMMOND MANUFACTURING COMPANY LIMITED announces financial results for the second quarter ended June 26, 2020.
7/28/2020
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Lattice Semiconductor Corporation
Despite encountering coronavirus pandemic related challenges, Lattice Semiconductor improves profit by 24 percent in Q2.
HILLSBORO, Ore.--(BUSINESS WIRE)--Jul. 28, 2020-- Lattice Semiconductor Corporation (NASDAQ:LSCC), the low power programmable leader, announced financial results today for the fiscal second quarter ended June 27, 2020.
7/28/2020
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Hongkong Post
Hongkong Post Announces that Postal services to certain destinations will resume from July 29.
Hongkong Post today (July 28) announced that postal services to the destinations listed below will resume from July 29 as airlines gradually scale up their air traffic capacity and some postal administrations have resumed acceptance of overseas mail. Notwithstanding this, local postal operations are still under the influence of the pandemic and delays in mail delivery are expected.
7/28/2020
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Coretronic Corp.
Coretronic's Q2, 2020 Beats Estimates, Sales Fall Y/Y due to COVID-19 outbreak.
Hsinchu, Taiwan – Coretronic Corporation (5371.TW) today announced its financial results for the second quarter of 2020. For the second quarter ended on June 30, 2020, Coretronic posted consolidated sales revenue of NT$10,635 million, increase 27% QoQ but drop 6% YoY. Consolidated gross margin for the quarter was 18.5%, an increase of 2.7% as compared with 15.8% in the previous quarter and drop by 0.6% over the same period last year, mainly due to the unfavorable product mix caused by the outbreak of coronavirus.
7/28/2020
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Zebra Technologies Corporation
Zebra Technologies Q2 adjusted earnings Beat Estimates and Provides COVID-19 Business Update.
LINCOLNSHIRE, Ill.--(BUSINESS WIRE)-- Zebra Technologies Corporation (NASDAQ: ZBRA), an innovator at the edge of the enterprise with solutions and partners that enable businesses to gain a performance edge, today announced results for the second quarter ended June 27, 2020.
7/28/2020
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Trifast plc
Trifast Provides Resilient performance maintains revenues during FY ended March 31 2020, Announces update on Business Continuity Status amid coronavirus crisis.
London: Tuesday, 28 July 2020: Trifast (LSE Premium listing: TRI), leading international specialist in the design, engineering, manufacture and distribution of high-quality industrial and Category 'C' components to major global assembly industries announces preliminary results for the year ended 31 March 2020.
7/28/2020
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Canon Inc.
Canon Slips to Loss In Q2 on weak demand, Sees Lower Profit, Sales In FY20 due to coronavirus outbreak.
Looking back at the global economy in the second quarter of 2020, the global economy recorded a decline, said to be the worst since the Great Depression due to severely limited economic activity caused by the coronavirus disease 2019 (“COVID-19”) global pandemic.
7/28/2020
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Iridium Communications Inc.
Iridium Communications Reports Q2 Loss, Tops Revenue Estimates amid the ongoing challenges of COVID-19 outbreak.
MCLEAN, Va., July 28, 2020 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq:IRDM) ("Iridium") today reported financial results for the second quarter of 2020 and updated its full-year 2020 outlook. Net loss was $12.4 million, or $0.09 per diluted share, for the second quarter of 2020, as compared to net loss of $18.1 million, or $0.16 per diluted share, for the second quarter of 2019. This decrease in net loss was primarily the result of lower net interest expenses related to the refinancing of Iridium's credit facility and high-yield notes from the year ago period and a decline in in-orbit insurance costs and research and development expenses. Operational EBITDA ("OEBITDA")(1) for the second quarter was $85.3 million, as compared to $85.1 million for the prior-year period, representing an OEBITDA margin(1) of 61%.
7/28/2020
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FireEye, Inc.
FireEye Surpasses Q2 Earnings and Revenue Estimates amid the challenging environmental of coronavirus.
MILPITAS, Calif.--(BUSINESS WIRE)--Jul. 28, 2020-- FireEye, Inc. (NASDAQ: FEYE), the intelligence-led security company, today announced financial results for the second quarter ended June 30, 2020.
7/28/2020
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Rockwell Automation, Inc.
Rockwell Automation's Q3 adjusted earnings Beat Estimates, Provides COVID-19 Business Update.
MILWAUKEE--(BUSINESS WIRE)-- Rockwell Automation, Inc. (NYSE: ROK) today reported third quarter fiscal 2020 results.
7/28/2020
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OMRON Corporation
OMRON's Q1, 2021 Swings to loss and Provides update on COVID-19 pandemic.
Net income attributable to OMRON shareholders for the prior fiscal year (FYE March 2020) used in the calculation of year-on-year change for net income attributable to OMRON shareholders includes net income from discontinued operations. Net income attributable to OMRON shareholders excluding income from discontinued operations calculates to a decrease of 57.9% year on year.
7/28/2020
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WIN Semiconductors Corp.
Win Semi expects 4-6% revenue growth in 3Q20 amid the impact of coronavirus outbreak.
Net profit reached NT$1,651 million, up 5% quarter on quarter and 113% year on year. EPS was NT$3.94, hitting a new high for the same period in the company’s history, while EPS for the first quarter of 2020 was NT$3.76.
7/28/2020
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Rexnord Corporation
Rexnord's Q1 2021 Earnings and Revenues Surpass Estimates in spite of COVID-19 outbreak.
Net sales were $449 million and 12% below (-12% core sales(1), +1% acquisitions, -1% foreign currency translation) our sales in last year’s June quarter.
7/28/2020
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Nissan Motor Company
Nissan Expected to lose 670 billion yen this year Sales decrease due to the impact of the new Corona
Nissan Motor Co., Ltd. announced its business outlook for the year ending March 31, 2012, and the final profit or loss was 670 billion yen due to the worldwide decline in sales due to the spread of the new coronavirus. It is a tough prospect, with a huge final deficit for the second consecutive term.
7/28/2020
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NXP Semiconductors N.V.
NXP sees automotive slump, industrial sales up
NXP saw a decline in automotive as a result of the Covid-19 pandemic but, like other chip makers, sees a bounce back in the second half of the year.
7/28/2020
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Espec Corp.
Espec Regarding the Recent Novel Coronavirus Infection at the principal office of KYUSHU CORP.
On Thursday, July 23, an employee at the principal office of ESPEC KYUSHU CORP. (Kitakyushu City), a subsidiary of ESPEC Corporation, was confirmed as having become infected with the novel coronavirus. Following a fever on Friday, July 17, the employee was quarantining at home after falling ill. A PCR test was performed on Wednesday, July 22, and the results on the next day (July 23) came back positive. The employee is currently hospitalized.
7/28/2020
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Young Optics Inc.
Young Optics suffers net loss in 2Q20
Optical module maker Young Optics released financial results for the second quarter of 2020, seeing a net loss of NT$36 million (US$1.2 million) for the third consecutive quarter. First-half 2020 shipments for pico-projection optical modules decreased nearly 40% on year due mainly to weakening demand amid the coronavirus pandemic and a Chinese client shifting orders from Young Optics to its in-house production lines, company president and CEO Claude Hsu said.
7/28/2020
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Sequans Communications S.A.
Amid the ongoing of COVID-19 pandemic, Sequans Communications EPS misses by $0.04, beats on revenue during Q2 2020.
PARIS–July 28, 2020–Sequans Communications S.A. (NYSE: SQNS), a leading developer and provider of 5G/4G chips and modules, today announced financial results for the second quarter ended June 30, 2020.
7/28/2020
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A10 Networks, Inc.
A10 Networks report better-than-expected Q2 results, despite COVID-related impacts.
SAN JOSE, Calif.--(BUSINESS WIRE)-- A10 Networks (NYSE: ATEN), a leading provider of secure application services and solutions, today announced financial results for its second quarter ended June 30, 2020.
7/28/2020
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Advanced Micro Devices, Inc.
AMD Reports Q2 2020 Results: Strong Results, Record Sales even in the middle of the Covid-19 pandemic.
SANTA CLARA, Calif., July 28, 2020 (GLOBE NEWSWIRE) -- AMD (NASDAQ:AMD) today announced revenue for the second quarter of 2020 of $1.93 billion, operating income of $173 million, net income of $157 million and diluted earnings per share of $0.13. On a non-GAAP* basis, operating income was $233 million, net income was $216 million and diluted earnings per share was $0.18.
7/28/2020
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Plantronics, Inc.
Plantronics Announces that manufacturing site in Tijuana, Mexico is running at full capacity, but supply constraints continue to affect production.
SANTA CRUZ, Calif., - July 28, 2020 - Plantronics, Inc. (NYSE: PLT) ("Poly" or the "Company") today announced first quarter results for the period ending June 27, 2020.
7/28/2020
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Roper Technologies, Inc.
Despite the complexities of COVID-19 environment, Roper Technologies' Q2 Earnings and Revenues Surpass Estimates.
SARASOTA, Fla., July 28, 2020 (GLOBE NEWSWIRE) -- Roper Technologies, Inc. (NYSE: ROP), a leading diversified technology company, reported financial results for the second quarter ended June 30, 2020.
7/28/2020
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3M Company
3M Posts 12% fall in revenue as coronavirus crisis hammers demand.
ST. PAUL, Minn.--(BUSINESS WIRE)-- 3M (NYSE: MMM) today reported second-quarter 2020 results. “While our results were significantly impacted by the global economic slowdown, we executed well, managed our costs and delivered another quarter of robust cash flow,” said Mike Roman, 3M chairman and chief executive officer. “We are taking actions to navigate near-term challenges, while relentlessly innovating for our customers and investing for the future to lead out of the slowdown and continue to deliver long-term value for our shareholders.
7/28/2020
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Corning Incorporated
Corning Beats Q2 Earnings on Operational Execution amid coronavirus pandemic.
Strong sequential growth in sales, EPS, and free cash flow; Execution of business strategy drives resilient performance, counteracting end-market challenges; Company implemented adjusted operating plan and took actions to protect financial strength CORNING, NY, July 28, 2020 (GLOBE NEWSWIRE) -- Corning Incorporated (NYSE: GLW) today announced results for the second quarter ended June 30, 2020.
7/28/2020
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Sensata Technologies Holding N.V.
Sensata's Q2 Earnings Top Estimates, Provides COVID-19 Update.
SWINDON, United Kingdom, July 28, 2020 (GLOBE NEWSWIRE) -- Sensata Technologies (NYSE: ST), a global industrial technology company and a leading provider of sensor-rich solutions that create insights for customers, today announced financial results for its second quarter ended June 30, 2020.
7/28/2020
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Tokyo Electron Ltd.
Tokyo Electron Reports strong Q1, 2021 despite the impact of COVID-19 pandemic.
The financial forecasts and estimates stated in this Summary of Consolidated Financial Results are based on certain assumptions judged to be reasonable by the Company in light of information currently available concerning economic conditions in Japan and overseas, fluctuations in foreign exchange rates, and other factors that may have an impact on performance. The company does not promise that the forecasts or estimates will be accurate.
7/28/2020
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Hitachi Metals, Ltd
Hitachi Metals Swings to Loss during the Three Months Ended June 30, 2020 and Provides COVID-19 Update.
The forecast figures, with the exception of actual results, are based on certain assumptions and predictions of the management at the time of preparation. Changes in business conditions or underlying assumptions may cause actual results may differ from those projected. Please refer to “(3) Forecasts for the Fiscal Year Ending March 31, 2021, including Consolidated Operating Forecasts” on page 7 for precondition and assumption as the basis of the above forecasts.
7/28/2020
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Toyota Motor Corporation
Toyota Motor Provides Statement on reported COVID-19 infection at its Tokyo headquarters office in Bunkyo.
Today, Toyota confirmed that an on-site contractor in his 20’s, who is employed by a partner company to work at Toyota’s Tokyo headquarters office in Bunkyo, Tokyo, Japan, has tested positive for COVID-19. The employee was last at work on July 25. He developed a fever on July 26, took the test for the COVID-19 virus on July 27, and was diagnosed positive on the same day. His condition is currently stable and is currently staying home to recover.
7/28/2020
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Nissan Motor Company
Nissan warns of record loss as pandemic hits turnaround
TOKYO (Reuters) - Nissan Motor Co (7201.T) warned of a record $4.5 billion operating loss this year and its lowest sales in a decade as the COVID-19 pandemic hampers its turnaround efforts.
7/28/2020
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Toyota Tsusho Corporation
Toyota Tsusho Provides update regarding coronavirus infection spread as of July 28, 2020.
Toyota Tsusho Co., Ltd. will take measures to prevent the spread of the new coronavirus inside and outside the company and to ensure the safety and health of all Group employees, and will take measures based on government guidance.
7/28/2020
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Kadant Inc.
Kadant Tops Q2 Earnings and Revenue Estimates, Announces that its workforce Performs exceptionally well to meet customers' need.
WESTFORD, Mass., July 28, 2020 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) reported its financial results for the second quarter ended June 27, 2020.
7/28/2020
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Xerox Corporation
Xerox Q2 profit tops estimates for a loss, while revenue falls slightly short
Xerox Holdings Corp. XRX, -2.72% said Tuesday it had net income of $27 million, or 11 cents a share, in the second quarter, down sharply from $181 million, or 60 cents a share, in the year-earlier period. Adjusted per-share earnings, that exclude restructuring and related costs and transaction and related costs among others, came to 15 cents, ahead of the FactSet consensus for a loss of 7 cents a share. Revenue tumbled to $1.465 billion from $2.263 billion, below the $1.482 billion FactSet consensus. "The global COVID-19 pandemic crisis significantly impacted our second quarter 2020 revenues due to business closures and office building capacity restrictions that impacted our customers' purchasing decisions and caused lower printing volumes on our devices," the company said in a statement.
7/28/2020
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Hisense Group
Hisense Atlantis factory reopened after Covid rules shutdown
A Hisense factory in Atlantis, north of Cape Town, was reopened on Friday after it was temporarily closed by government over allegations it was not compliant with Covid-19 regulations.
7/27/2020
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Hitachi, Ltd.
Hitachi, Ltd. In-house PCR test system improvement New coronavirus
As the global spread of the new coronavirus continues, Hitachi has established a system for in-house testing so that employees traveling overseas can quickly obtain a negative PCR test proof.
7/27/2020
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3CEMS Group
3CEMS Provides update regarding Business Continuity and Actions taken to curb the spread of COVID-19 pandemic.
As we have known, the pandemic in China has been basically under control. All cases in Wuhan, where the outbreak occurred, have been cleared. The outbreak of Beijing in June has ended. There are no more new cases found for more than 10+ days. However, the international situation is not optimistic. Just on July 23, more than 15 million new coronavirus cases were confirmed worldwide, and the number of new confirmed cases in the United States, Brazil, India set a new record once again. Until now, this common fight of mankind is still on, and we are not supposed to stop fighting.
7/27/2020
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Balfour Beatty
Balfour shuts concrete plant after positive Covid-19 tests
Balfour Beatty has closed down its manufacturing plant in Bristol after 20 workers tested positive for Covid-19.
7/27/2020
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NXP Semiconductors N.V.
NXP Semiconductors Swings to 2Q Loss Amid Pandemic But Points to Improved Sales Trends.
EINDHOVEN, The Netherlands, July 27, 2020 (GLOBE NEWSWIRE) -- NXP Semiconductors N.V. (NASDAQ: NXPI) today reported financial results for the second quarter 2020, ended June 28, 2020.
7/27/2020
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F5 Networks, Inc.
F5 Networks tops third quarter earnings targets
F5 Networks on Monday delivered better-than-expected third quarter financial results. The company reported non-GAAP net income of $134 million, or $2.18 per diluted share, on revenue of $586 million.
7/27/2020
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Google Inc.
Google extends its coronavirus work-from-home order to summer 2021
Google said on Monday it will extend its coronavirus work from home order to through June 2021.
7/27/2020
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Alexco Resource Corp.
Alexco Resource Provides COVID-19 Update, Shifts production to Keno Hill, Canada.
July 27, 2020 – Alexco Resource Corp. (NYSE American/TSX: AXU) (”Alexco” or the “Company”) today announced that it has received from the Yukon Water Board (the “Water Board”) the final amended and renewed Water Use License (the “WUL”) for the Keno Hill Silver District (the “District” or “Keno Hill”). The Company also provided an update on Keno Hill mining operations, exploration and other corporate matters.
7/27/2020
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Intevac, Inc.
Intevac Beats Q2 Earnings and Revenue Estimates during coronavirus.
SANTA CLARA, Calif.--(BUSINESS WIRE)-- Intevac, Inc. (Nasdaq: IVAC) today reported financial results for the quarter and six months ended June 27, 2020.
7/27/2020
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F5 Networks, Inc.
F5 Delivers 4% Revenue Growth on Continued Strong Software Demand in Third Quarter Fiscal Year 2020 In a challenging COVID-19 environment.
SEATTLE--(BUSINESS WIRE)-- F5 Networks, Inc. (NASDAQ: FFIV) today announced financial results for its fiscal third quarter ended June 30, 2020.
7/27/2020
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Crane Company
Crane Tops Q2 EPS by 17c, Revenues Beat in spite of COVID-19 outbreak.
STAMFORD, Conn.--(BUSINESS WIRE)-- Crane Co. (NYSE: CR), a diversified manufacturer of highly engineered industrial products, reported second quarter 2020 GAAPearnings per diluted share (EPS) of $0.25, compared to $1.50 in the second quarter of 2019. Excluding Special Items, second quarter 2020 EPS was $0.64, compared to $1.58 in the second quarter of 2019. (Please see the attached Non-GAAP Financial Measures tables for a detailed reconciliation of reported results to adjusted measures.)
7/27/2020
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Amkor Technology, Inc.
Amkor Technology Beats Q2 Earnings and Revenue Estimates in spite of coronavirus crisis.
TEMPE, Ariz.--(BUSINESS WIRE)--Jul. 27, 2020-- Amkor Technology, Inc. (NASDAQ: AMKR), a leading provider of semiconductor packaging and test services, today announced financial results for the second quarter ended June 30, 2020.
7/27/2020
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Honda Motor Co., Ltd.
Honda goes into shutdown at another time; FIA explains why
The shutdown of factories in the spring of 2020 due to the corona virus has caused some headaches at the FIA. How to ensure that one or more manufacturers are not affected by a 'shutdown' because they happen to be located in another country. Especially the position of Honda was difficult. Nikolas Tombazis of the FIA explains why.
7/27/2020
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Mitsubishi Motors Corp.
Mitsubishi Motors losses to hit $3.4bn in FY2020 due to COVID
TOKYO -- Mitsubishi Motors said on Monday it expects a group net loss of 360 billion yen ($3.4 billion) for the year ending March 2021, marking the second straight year of red ink, as sales cratered due to the coronavirus pandemic.
7/27/2020
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Mitsubishi Motors Corp.
Mitsubishi Motors to Close Down Gifu Plant
Tokyo, July 27 (Jiji Press)--Mitsubishi Motors Corp. <7211> said Monday that it will close down a plant in the central Japan prefecture of Gifu, as part of its efforts to rebuild its business amid the coronavirus crisis.
7/27/2020
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LEDtronics, Inc.
LEDtronics Remains fully operational amid the spread of coronavirus outbreak.
TORRANCE, Calif., July 27 2020 — Pervaiz Lodhie doesn’t need the brightness of a 118,000-lumen LED High Mast Luminaire to see the impact COVID-19 has on the lighting industry. He need look no further than the company he and his wife founded in 1983.
7/27/2020
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Apple Inc.
Stocks rise to start the week as Apple leads tech higher, gold hits record
U.S. stocks rose on Monday with the major tech names outperforming as investors braced for a big week of corporate earnings and lawmakers continued coronavirus stimulus negotiations.
7/27/2020
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Apple Inc.
Closed Apple Stores could change iPhone buying habits, but there’s reason for hope amid pandemic
What’s normally a ho-hum quarter for iPhone sales will be interesting for Apple Inc. this year as the COVID-19 crisis prompts big changes in the way people shop for electronics.
7/27/2020
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Nagase Co. Ltd.
Nagase Provides update regarding the recent coronavirus infection at Tokyo head office, as of July 27, 2020.
Worked at the Tokyo head office (Chuo-ku, Tokyo) of Nagase & Co., Ltd. (Chuo-ku, Tokyo, President: Kenji Asakura) By July 26, it was discovered that one employee was newly infected with the new coronavirus. It was We have a total of 3 infected people. On July 21st and 22nd, we prohibited employees at the Tokyo head office from coming to the office and implemented sanitization throughout the building. Infection The three employees found are receiving medical treatment at the designated place under the guidance of the public health center. In addition, rich of 3 people Employees who have been identified as contact persons are immediately undergoing the PCR test, and as of 26th, new positive persons have been confirmed. We do not come to the office either, but we are waiting for home and observing. To prevent the spread of new coronavirus infection inside and outside the company, we thoroughly wear a mask and erase common areas.
7/27/2020
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Iwatani International Corporation
Iwatani International Announces that one employee at Iwatani Kinki Wakayama Sales Office tested positive for coronavirus.
Last night, one of our group company employees was found to be infected with the new coronavirus. The employee is a male employee who works at the Iwatani Kinki Co., Ltd. Wakayama Sales Office (Wakayama City, Wakayama Prefecture), which operates the LP gas retail business
7/26/2020
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Microsoft Corporation
Microsoft told employees to work from home. One consequence was brutal
Many people think they have a good idea of what working from home now means. At Microsoft, however, they've studied it. And it makes for sobering reading.
7/26/2020
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IMAX Corporation
IMAX theatres across China began to resume operations from July 25, 2020.
SHANGHAI – July 26, 2020 — IMAX Corporation and IMAX China (NYSE: IMAX and HKSE: 1970) today announced that IMAX theatres across China began to resume operations on Friday — six months to the day after all movie theatres in the Chinese mainland were closed due to the COVID-19 pandemic. As of July 26, a total of 369 of IMAX’s more than 700 screens have reopened, with at least 600 IMAX theatres in total expected to reopen by mid-August.
7/26/2020
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Tata Group
Covid-19: Tata Marcopolo in Dharwad to suspend operation for 8 days
The Tata Marcopolo administration has taken a decision to shut down the plant located at Belur Industrial Area on the outskirts of Dharwad for eight days from Sunday after 34 of its staff tested positive for the novel coronavirus.
7/26/2020
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Toyota Motor Corporation
Toyota Motor Provides Statement on Reported COVID-19 Infection at its Motomachi Plant in Aichi Prefecture.
Today, Toyota announced that a male, full-time employee in his 20’s working as a line worker at its Motomachi Plant in Toyota City, Aichi Prefecture, Japan has tested positive for COVID-19. The employee was last at work on July 20. He developed a fever on July 21, took the test for the COVID-19 virus on July 24, and was diagnosed positive on July 25. His condition is currently stable and he is staying at a medical facility in Toyota City to recover.
7/26/2020
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Apple Inc.
Apple's new bear says fundamentals don't support rally
We do not expect a 5G supercycle, argue against an independent services valuation, and do not consider Apple a stronger company on the other side of the pandemic, writes Wolfe Research analyst Jeff Kvaal. Kvaal starts Apple (NASDAQ:AAPL) with an Underperform rating and $315 price target, a 13% downside.
7/24/2020
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Verizon Communications Inc.
Verizon beats estimates on lockdown boost to phone, internet services
(Reuters) - Verizon Communications Inc (VZ.N) on Friday beat estimates for second-quarter profit and revenue on strong demand for its phone and internet services as coronavirus-induced lockdowns prompted a rapid shift to remote working and learning.
7/24/2020
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China Finance Online Co. Limited
China Finance Online Reports Q1, 2020 financial results, Provides COVID-19 Business Update.
BEIJING, July 24, 2020 /PRNewswire/ -- China Finance Online Co. Limited ("China Finance Online", or the "Company", "we", "us" or "our") (NASDAQ GS: JRJC), a leading web-based financial services company that provides Chinese retail investors with fintech-powered online access to securities trading services, wealth management products, securities investment advisory services, as well as financial database and analytics services to institutional customers, today announced its unaudited financial results for the first quarter ended March 31, 2020.
7/24/2020
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Altra Industrial Motion Corp.
Altra Industrial Motion +4.6% on Q2 results beat; raises FY20 guidance and Provides Business Continuity Update amid COVID-19 outbreak.
BRAINTREE, Mass., July 24, 2020 (GLOBE NEWSWIRE) -- Altra Industrial Motion Corp. (Nasdaq: AIMC) (“Altra” or the “Company”), a leading global manufacturer and supplier of motion control, power transmission and automation products, today announced unaudited nancial results for the second-quarter ended June 30, 2020.
7/24/2020
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IMI plc
IMI Provides a resilient performance during first half of 2020, Announces COVID-19 Update.
Coronavirus response measures continue to protect our people, businesses and stakeholders
7/24/2020
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General Motors Company
GM confirms Lansing Delta Township plant employee has COVID-19
DELTA TOWNSHIP, Mich. — General Motors confirmed that an employee at the Lansing Delta Township plant tested positive for COVID-19.
7/24/2020
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Sulzer Ltd
Sulzer's CEO says recovery is underway, sales will be up around 10% in second half.
Despite the pandemic, Sulzer continued to deliver order growth in the first half of 2020. Order intake totaled CHF 1’840.5 million, an increase of 1.7% compared with the same period last year. Organic order intake remained stable (–0.6%), while acquisitions added CHF 42.3 million. Order intake gross margin declined 50 bps to 33.3% on the mix impact from a lower relative share of orders from Applicator Systems.
7/24/2020
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Ford Motor Company
Ford Romania plant back on three shifts
Employees at the Ford factory in Craiova, southern Romania, returned to three shift working this week. Production volume is now close to pre-COVID-19 outbreak level, factory management told local media.
7/24/2020
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General Motors Company
General Motors Confirms Case Of COVID-19 At Lansing-Delta Township Plant.
General Motors has confirmed that one employee at its Lansing-Delta Township plant in Michigan tested positive for COVID-19 this week.
7/24/2020
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Honeywell International Inc.
Honeywell Hit Hard by Aviation Slump Despite N95 Mask Gains
Honeywell International Inc.’s quarterly sales fell 19% as Covid-19 damage to its big aerospace business offset rising demand for the conglomerate’s N95 face masks and other protective gear.
7/24/2020
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Fitbit, Inc.
Could your Fitbit or Apple Watch detect early Covid-19 symptoms?
NEW YORK: Fitbit and other wearable devices typically linked to exercise are being studied as ways to identify people who are potentially infected with Covid-19 before symptoms appear, when they can unknowingly spread the disease.
7/24/2020
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Murata Manufacturing Co., Ltd.
Murata Manufacturing Announces that an employee at its Head Office in Kyoto tested positive for COVID-19.
On July 23, Murata Manufacturing Co., Ltd. (Hereinafter, "Murata”) confirmed that an employee (Living in Osaka City) of one of our partner companies working at Murata Head Office (Kyoto, hereinafter "the site") has tested positive for COVID-19.
7/24/2020
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Centrica plc
Centrica Reports resilient performance against the backdrop of Covid-19 during first half of 2020.
Resilient performance overall against the backdrop of Covid-19. Focus has been on protecting the business and keeping customers warm, safe and supplied with energy.Adjusted operating profit down 14% or £56m compared to H1 2019. Negative impacts of Covid-19, low commodity prices and warm weather largely offset by mitigating actions and improved underlying performance.
7/24/2020
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Cavotec SA
Cavotec Provides Business Update, Announces that Q2 2020 negatively impacted by COVID-19.
Revenues decreased -18.2% to EUR 42.0 million (51.4). Ports & maritime decreased -2.8%, Airports & Industry decreased -28.4%
7/24/2020
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The Boeing Company
Boeing to delay 777X as demand drops for big jets
SEATTLE/PARIS (Reuters) - Boeing Co (BA.N) is preparing to delay its all-new 777X jet by several months or up to a year, three people familiar with the matter said, as the COVID-19 crisis exacerbates a drop in demand for the industry’s largest jetliners.
7/24/2020
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Verizon Communications Inc.
Verizon enrolls COVID-affected users in extended payment plans
Verizon Communications Inc. has enrolled its COVID-affected customers in extended payment plans after the pledge to keep them connected expired at the end of June.
7/24/2020
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Gentex Corporation
Gentex's Q2 results disappoints due to severe COVID-19 impact on its business.
ZEELAND, Mich., July 24, 2020 (GLOBE NEWSWIRE) -- Gentex Corporation (NASDAQ: GNTX), a leading supplier of digital vision, connected car, dimmable glass and fire protection technologies, today reported financial results for the three and six months ended June 30, 2020.
7/24/2020
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AT&T Inc.
AT&T's Three Takeaways of the Post-Covid Future
(Bloomberg Opinion) -- Quarterly earnings reports are backward-looking by design, but this earnings season’s numbers feel especially stale in the context of a pandemic that brings new information by the day and even more unknowns. Rather than dissecting three-week-old profit metrics, what everyone really wants to know — business leaders and everyday Americans alike — is how long the coronavirus will disrupt our lives, and what if any of it will be permanent.
7/23/2020
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AT&T Inc.
AT&T loses monthly subscribers as media unit hit by coronavirus pandemic
(Reuters) - AT&T Inc said on Thursday it lost monthly phone subscribers and suffered a $2.8 billion revenue decline due to delayed movie releases and advertising shortfalls in the second quarter as the novel coronavirus pandemic ravaged its business.
7/23/2020
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Amazon.com, Inc.
Amazon Market Power Has Grown Amid Pandemic, Unions Tell FTC
A group of unions has filed a complaint with the Federal Trade Commission warning that Amazon.com Inc.’s market power has grown during the pandemic.
7/23/2020
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Vicor Corporation
Vicor's Q2 Earnings and Revenues Top Estimates, Provides COVID-19 Business Update.
ANDOVER, Mass., July 23, 2020 (GLOBE NEWSWIRE) -- Vicor Corporation (NASDAQ: VICR) today reported financial results for the second quarter ended June 30, 2020. These results will be discussed later today at 5:00 p.m. Eastern Time, during management’s quarterly investor conference call. The details for the call are presented below.
7/23/2020
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AT&T Inc.
AT&T Profit Sags Under Pressure From Satellite TV, Covid-19
AT&T Inc.’s second-quarter profit fell as the coronavirus pandemic and an already ailing satellite-TV business overshadowed the launch of its make-or-break streaming video service.
7/23/2020
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MaxLinear, Inc.
MaxLinear Q2 Earnings Surpass Estimates despite the ongoing of COVID-19 pandemic.
CARLSBAD, Calif.--(BUSINESS WIRE)-- MaxLinear, Inc. (NYSE: MXL), a leading provider of RF, analog and mixed-signal integrated circuits for the connected home, wired and wireless infrastructure, and industrial and multi-market applications, today announced financial results for the second quarter ended June 30, 2020.
7/23/2020
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Allscripts Healthcare Solutions, Inc.
Allscripts clients dedicated to patient health throughout COVID-19 pandemic
CHICAGO--(BUSINESS WIRE)--Since the beginning of the COVID-19 pandemic, Allscripts (NASDAQ: MDRX) and its clients have taken significant actions to ensure effective care delivery in the communities they serve. With unwavering dedication to patient health, caregivers from both large hospital systems and independent physician practices around the world continue to excel in the face of the unprecedented crisis to help manage their patients and combat the spread of the virus.
7/23/2020
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W.W. Grainger, Inc.
Amid the spread of COVID-19 outbreak, Grainger's Q2 adjusted earnings Beat Estimates.
CHICAGO, July 23, 2020 /PRNewswire/ -- Grainger (NYSE: GWW) today reported results for the 2020 second quarter including sales of $2.8 billion in the quarter driven by significant share gains in the U.S. segment. We estimate the MRO market declined between 14% and 15% in the U.S.
7/23/2020
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CoreLogic, Inc.
CoreLogic trades flat despite Q2 results beat
CoreLogic (CLGX -0.2%) reports Q2 revenue of $477.46M (+4% Y/Y), beating consensus.2020 financial guidance includes expected financial impacts attributable to COVID-19 of ~$40M-45M in both revenue and adjusted EBITDA.
7/23/2020
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Dow Inc.
Dow to cut 6% of workforce after posting Q2 loss
Dow Inc. (NYSE:DOW) +1.5% pre-market after reporting a slightly larger than expected Q2 loss, but its 24% Y/Y decline in revenues topped analyst estimates.
7/23/2020
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Forward Air Corp.
Forward Air Sees 19% decline in Q2 sales, Provides COVID-19 Update.
For the three months ended June 30, 2020, on a continuing operations basis, the Company anticipates operating revenue of approximately $280 million and net income per diluted share of $0.30 to $0.34.
7/23/2020
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G4S plc
G4S Earnings, Revenue Miss in Q2, 2020 and Provides COVID-19 Update.
G4S today announces its results for the six months ended 30 June 2020.
7/23/2020
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STMicroelectronics N.V.
STMicroelectronics Resumed normal operations, Announces that Earnings Beat, Revenue Misses In Q2.
Geneva, July 23, 2020 - STMicroelectronics (NYSE: STM), a global semiconductor leader serving customers across the spectrum of electronics applications, reported U.S. GAAP financial results for the second quarter ended June 27, 2020. This press release also contains non-U.S. GAAP measures (see Appendix for additional information).
7/23/2020
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Intel Corporation
Intel has weathered coronavirus because of data center and PC sales, but only one of those is expected to grow
Intel Corp. is expected to see strong sales growth in their data center business for the rest of the year as companies continue their migration of assets to the cloud but PC sales may reach a saturation point.
7/23/2020
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Skyworks Solutions, Inc.
Skyworks Solutions Tops Q3 Earnings and Revenue Estimates despite COVID-19 outbreak.
IRVINE, Calif.--(BUSINESS WIRE)--Jul. 23, 2020-- Skyworks Solutions, Inc. (Nasdaq: SWKS), an innovator of high-performance analog semiconductors connecting people, places and things, today reported third fiscal quarter results for the period ended June 26, 2020. Revenue for the third fiscal quarter was $736.8 million, exceeding consensus estimates.
7/23/2020
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IDEX Corp.
IDEX Tops Q2 Earnings and Revenue Estimates, Provides update on Business Continuity Status regarding COVID-19 outbreak.
LAKE FOREST, Ill.--(BUSINESS WIRE)--Jul. 23, 2020-- IDEX Corporation (NYSE: IEX) today announced its financial results for the three month period ended June 30, 2020.
7/23/2020
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Pentair plc
Pentair's Q2 adjusted earnings Beat Estimates, Announces COVID-19 Business Update.
LONDON--(BUSINESS WIRE)-- Pentair plc (NYSE: PNR) today announced second quarter 2020 sales of $713 million. Sales were down 11 percent compared to sales for the same period last year. Excluding currency translation, acquisitions and divestitures, core sales declined 10 percent in the second quarter. Second quarter 2020 earnings per diluted share from continuing operations (“EPS”) were $0.44 compared to $0.68 in the second quarter of 2019. On an adjusted basis, the company reported EPS of $0.59 compared to $0.69 in the second quarter of 2019. Segment income, adjusted net income, free cash flow and adjusted EPS are described in the attached schedules.
7/23/2020
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CyberOptics Corporation
CyberOptics Reports Solid Second Quarter Results despite the impact of the COVID19 pandemic.
Minneapolis, MN—July 23, 2020—CyberOptics Corporation (Nasdaq: CYBE) today reported sales of $16.0 million for the second quarter of 2020 ended June 30, an increase of 6% from $15.0 million in the second quarter of 2019. Net income for the second quarter of 2020 was $1.6 million or $0.22 per diluted share, up from $464,000 or $0.06 per diluted share in the yearearlier period.
7/23/2020
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Oshkosh Corporation
Oshkosh Initiates salary reduction plan to curb the impact of COVID-19 outbreak.
On July 23, 2020, Oshkosh Corporation (the “Company”) committed to a series of restructuring activities within its Commercial segment. On that day, the Company announced that it will cease production of rear discharge concrete mixers at its Dodge Center, Minnesota facility and relocate it to other concrete mixer factories in North America. The Dodge Center factory will focus on refuse collection vehicle manufacturing. The Company believes both product lines will benefit from focused facilities. The Company intends to cease all concrete mixer operations in Dodge Center by December 31, 2020. In addition, the Commercial segment-initiated reductions in its salaried workforce in response to the ongoing COVID-19 pandemic.
7/23/2020
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REC Silicon
REC Silicon's EBIT margin, revenues fall deeper in Q2 due to COVID-19 outbreak.
Oslo, Norway – July 23, 2020: REC Silicon ASA (REC Silicon) reported second quarter 2020 revenues of USD 31.0 million versus USD 24.7 million in first quarter of 2020 and EBITDA of USD 2.9 million versus USD 1.0 million in the prior quarter .
7/23/2020
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Intel Corporation
Intel Tops Q2 Earnings and Revenue Estimates despite the ongoing challenges of COVID-19.
SANTA CLARA, Calif., July 23, 2020 -- Intel Corporation today reported second-quarter 2020 financial results.
7/23/2020
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SK Hynix Inc.
SK Hynix sees Q2 profits tripled thanks to COVID-19
SK Hynix has posted operating profit of 1.95 trillion won and revenue of 8.6 trillion won in the second quarter of 2020, the company said on Thursday.The COVID-19 pandemic has caused demand from mobile sectors for memory products to decline but, in turn, demand from servers and graphics sectors increased during the quarter, the South Korean memory maker said.
7/23/2020
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SK Hynix Inc.
SK Hynix posts profit hike in 2Q20
SK Hynix has reported operating profits of KRW1.95 trillion (US$1.62 billion) on consolidated revenue of KRW8.61 trillion for the second quarter of 2020.Looking into the second half of this year, SK Hynix expects the rollouts of new-generation 5G smartphones and gaming consoles to stimulate memory demand despite the uncertainties arising from the coronavirus pandemic and unfavorable global trade conditions.
7/23/2020
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SK Hynix Inc.
SK Hynix sees Q2 profits tripled despite the environmental challenges amid COVID-19.
SK hynix Inc. (or ‘the Company’, www.skhynix.com) today announced financial results for its second quarter 2020 ended on June 30, 2020. The consolidated revenue of second quarter 2020 was 8.607 trillion won while the operating profit amounted to 1.947 trillion won, and the net income 1.264 trillion won. Operating margin for the quarter was 23% and net margin was 15%.
7/23/2020
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Mitsubishi Corp.
Mitsubishi Motors to Close Plant in Central Japan
Tokyo, July 22 (Jiji Press)--Mitsubishi Motors Corp. <7211> is considering closing an automobile plant of subsidiary Pajero Manufacturing Co. in Gifu Prefecture, central Japan, informed sources said Wednesday.
7/23/2020
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Mitsubishi Corp.
Japan's Mitsubishi Motors may shut factory in Gifu in central Japan
TOKYO: Japan's Mitsubishi Motors is considering shutting down its Pajero subsidiary and closing a factory in central Japan that produces the sport-utility vehicle of the same name, two sources familiar with the matter told Reuters on Wednesday.Japanese automakers including Mitsubishi Motors have been forced to reconsider their strategies as the coronavirus pandemic eroded demand for cars.
7/23/2020
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Danaher Corporation
Despite the spread of coronavirus, Danaher Q2 Earnings and Revenues Surpass Estimates.
WASHINGTON, July 23, 2020 /PRNewswire/ -- Danaher Corporation (NYSE: DHR) (the "Company") today announced results for the quarter ended July 3, 2020. All results in this release reflect only continuing operations unless otherwise noted.
7/23/2020
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Wafer Works Corporation
Wafer Works Announces all of its fabs in china remain normal operation.
(Taoyuan, Taiwan July22nd) Despite the severe flood, currently all fabs in China remain normal operation, sources of material and supply are secured。
7/22/2020
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Japan Aviation Electronics Industry, Ltd.
JAE reports its financial results for Q1 FY 2020, Announces no further operational restriction to its production sites amid COVID-19.
Automotive (In-Vehicle Touch Panels) Sales significantly increased compared with the same period last year due to expansion of vehicle models adopting film sensors and expanding production. (Sales declined from Q4/FY2019, due to customer’s production shutdowns)
7/22/2020
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3M Company
3M Open to Support COVID-19 and Social Justice Initiatives
BLAINE, Minn.--(BUSINESS WIRE)--3M Open officials today announce the 2020 charitable giving efforts of the tournament with $1.5 million directed toward local nonprofit organizations focused on supporting individuals impacted by COVID-19 and those fighting for social justice initiatives. The 3M Open Fund will donate funds raised to select Minnesota charities and highlight the ‘Power of Community’ throughout the event.
7/22/2020
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U.S. Department of Defense
U.S. Department of Defense Provides update on Business Continuity amid the spread of COVID-19 outbreak.
Defense Department teleworkers have, by and large, continued the mission without being in a brick-and-mortar structure, a Defense Department official said.
7/22/2020
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Tesla
Tesla makes $104M profit in 2Q despite factory shutdown
DETROIT — Tesla overcame a seven-week pandemic-related shutdown at its California assembly plant to post a surprising $104 million net profit for the second quarter.
7/22/2020
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Dover Corporation
Dover Earnings, Revenue Beat in Q2 and Announces Business Continuity Update regarding COVID-19 outbreak.
DOWNERS GROVE, Ill., July 22, 2020 /PRNewswire/ -- Dover (NYSE: DOV), a diversified global manufacturer, announced its financial results for the second quarter ended June 30, 2020.
7/22/2020
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Larsen & Toubro Ltd.
L&T's Q1 Profit Slumps 79% As New Orders Dry Up Amid Covid-19 Lockdown and Provides Business Update.
For most of the quarter, the Company focused on safety of its workforce, transition to productive remote working, staying engaged with all its stakeholders, conserving resources and resuming business in a carefully calibrated manner in an economic environment debilitated by the Coronavirus black swan event. While most businesses were significantly impacted by the pandemic, the Company ensured that interests of all concerned including customers, employees, sub-contracted labour force, partners, associates and vendors were taken care of in a befitting manner.
7/22/2020
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Audi AG
Audi expects pre-pandemic car sales levels by 2022/2023
FRANKFURT (Reuters) - Volkswagen’s (VOWG_p.DE) luxury car unit Audi expects car sales to reach pre-COVID-19 levels only by 2022 or 2023, Chief Executive Markus Duesmann told a German business daily.
7/22/2020
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AXT, Inc.
AXT Tops Q2 Earnings and Revenue Estimates in spite of coronavirus crisis.
FREMONT, Calif., July 22, 2020 (GLOBE NEWSWIRE) -- AXT, Inc. (NasdaqGS: AXTI), a leading manufacturer of compound semiconductor substrates, today reported financial results for the second quarter, ended June 30, 2020.
7/22/2020
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Mazda Motor Corporation
Mazda To Resume Full Factory Operation Worldwide In August Amid Strong US Sales And Demand
IRVINE, Calif., July 22, 2020 /PRNewswire/ -- Starting in August, Mazda Motor Corporation will return to normal factory operations, or pre-COVID-19 levels, amid increased sales and future forecast for product demand in the U.S. In June, Mazda North American Operations achieved a sales increase of nearly 11 percent year-over-year. Most notably, the three-row CX-9 and MX-5 roadster volumes grew approximately 50 percent and 25 percent, respectively.
7/22/2020
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Richardson Electronics, Ltd.
Richardson Electronics Announces that Q4, 2020 financial results negatively impacted by the coronavirus.
LaFox, IL, JULY 22, 2020: Richardson Electronics, Ltd. (NASDAQ: RELL) today reported financial results for its fourth quarter and fiscal year ended May 30, 2020. The Company also announced that its Board of Directors declared a $0.06 per share quarterly cash dividend.
7/22/2020
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Microsoft Corporation
Microsoft Shares Drop as Azure Cloud-Services Sales Slow
Microsoft Corp. reported slowing growth in its Azure cloud-computing business, failing to match lofty investor predictions for a continued boom in demand for internet-based services during the coronavirus outbreak.
7/22/2020
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Microsoft Corporation
Microsoft revenue grew 13% despite coronavirus
Microsoft shares fell as much as 3% in extended trading Wednesday after the company reported better-than-expected fiscal fourth-quarter earnings that exceeded analysts’ expectations, although quarterly revenue guidance was lighter than expected.
7/22/2020
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Plexus Corp.
Plexus up 8% after earnings beat, guides FQ4 above estimates, Announces COVID-19 Update.
NEENAH, Wis., July 22, 2020 (GLOBE NEWSWIRE) -- Plexus (NASDAQ: PLXS) today announced financial results for its fiscal third quarter ended July 4, 2020, and guidance for its fiscal fourth quarter ending October 3, 2020.
7/22/2020
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MISUMI Group Inc.
MISUMI Group reports COVID-19 infected person incident.
On July 21, it was confirmed that one temporary employee working at the Company’s Headquarter building (Sumitomo Fudosan Iidabashi Building, 3-21, Koraku 2-chome, Bunkyo-ku, Tokyo) contracted COVID-19.
7/22/2020
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SHINDENGEN ELECTRIC MANUFACTURING CO., LTD.
SHINDENGEN ELECTRIC Announces that one employee at its Hanno Plant tested positive for coronavirus.
On July 21, it was discovered that an employee of a group company working at our Hanno Plant (Hanno City, Saitama Prefecture) was infected with a new coronavirus infection. The employee was found to be positive on the 19th, when an acquaintance he contacted on July 11 was found to be positive on the 19th. I am hospitalized. As a result of checking the behavior history of the employee in cooperation with the public health center on July 22, it was confirmed that there were no rich contacts in the Hanno factory. At the same time, we confirmed that there is no area that requires disinfection, but we voluntarily disinfect the workplace. On July 22, all workers at the Hanno factory were put on standby at home throughout the day, but it was confirmed that there were no rich contacts at the Hanno factory, so the standby was canceled on the afternoon of the same day.
7/22/2020
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Valeo S.A.
Valeo S.A. Announces H1 2020 Results and Provides COVID-19 Business Update.
Our top priorities are to protect our employees and to resume operations as quickly as possible
7/22/2020
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Microsoft Corporation
Microsoft revenue grew 13% despite coronavirus.
REDMOND, Wash. — July 22, 2020 — Microsoft Corp. today announced the following results for the quarter ended June 30, 2020, as compared to the corresponding period of last fiscal year:
7/22/2020
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NETGEAR, Inc.
NETGEAR's Q2 Earnings Beat Estimates, Revenues Up Y/Y and Provides COVID-19 Update.
SAN JOSE, Calif.--(BUSINESS WIRE)-- NETGEAR, Inc. (NASDAQ: NTGR), a global networking company that delivers innovative networking and Internet connected products to consumers and businesses, today reported financial results for the second quarter ended June 28, 2020.
7/22/2020
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LG Innotek Co. Ltd.
LG Innotek swings to black on increased sales
SEOUL, July 22 (Yonhap) -- LG Innotek Co., a major electronics components maker in South Korea, said Wednesday it swung to the black in the second quarter from a year earlier on increased sales of its main products and reduced debts.
7/22/2020
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Teledyne Technologies Inc.
Teledyne Beats Earnings Estimates during Q2, 2020 despite COVID-19 outbreak.
Teledyne today reported second quarter 2020 net sales of $743.3 million, compared with net sales of $782.0 million for the second quarter of 2019, a decrease of 4.9%. Net income was $93.7 million ($2.48 diluted earnings per share) for the second quarter of 2020, compared with $104.6 million ($2.80 diluted earnings per share) for the second quarter of 2019, a decrease of 10.4%.
7/22/2020
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SES-STERLING
SES-STERLING Announces Covid-19 Statement.
The activity of SES-STERLING has resumed 100% in the respect of all security standards for the safety of the staff. The COVID-19, did not disappear with the deconfinement. All of our staff is continuously trained in strict compliance with health regulations. Management, production, commercial services, each department of the company has precise rules adapted to each working environment.
7/22/2020
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Thermo Fisher Scientific Inc.
Thermo Fisher profit beats, sales get a COVID lift
Thermo Fisher Scientific Inc. said its profit and sales rose for the second quarter, driven by demand for Covid-19 products such as those used in the lab.
7/22/2020
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Amphenol Corporation
Amphenol Q2 Earnings Top Estimates, Revenues Fall Y/Y and Provides COVID-19 Business Update.
Wallingford, Connecticut. July 22, 2020. Amphenol Corporation (NYSE: APH) reported today GAAP diluted Earnings Per Share (“EPS”) for the second quarter 2020 of $0.85 compared to $0.93 for the comparable 2019 period. GAAP diluted EPS for the second quarter 2020 included an excess tax benefit of $12 million ($0.04 per share) related to stock options exercised during the quarter. Second quarter 2019 GAAP diluted EPS included an excess tax benefit of $13 million ($0.04 per share) related to stock options exercised during the quarter, partially offset by acquisition-related costs of $9 million ($0.03 per share).
7/22/2020
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Texas Instruments Incorporated
Texas Instruments sees strong quarter as work-from-home boosts chip demand
(Reuters) - Texas Instruments Inc (TXN.O) forecast third-quarter revenue above estimates on Tuesday as a global shift to work-from-home boosted demand for chips used in tablets, personal computers and servers, offering some hope to an industry reeling from disruptions caused by the coronavirus pandemic.
7/21/2020
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Computer Task Group, Incorporated
Computer Task Group Reports Solid Q2, 2020 and Provides well performance in challenging pandemic environment
Achieved GAAP EPS of $0.12; non-GAAP EPS of $0.10, Performing Well in Challenging COVID-19 Pandemic Environment
7/21/2020
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Quickstep Holdings, Ltd.
Quickstep Grows composites sales despite COVID-19 outbreak.
Advanced composites manufacturer Quickstep Holdings has continued to grow sales during the Covid-19 pandemic according to its results released today for the June quarter.
7/21/2020
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Givaudan
Givaudan's H1 Profit Rises; Sees Sales Growth In FY20, despite minimal disruption at its supply chain during Coronavirus crisis.
As the COVID-19 pandemic continues to have an impact on a global level, Givaudan sustained strong business momentum whilst maintaining its operations and global supply chain with minimal disruption. The good growth was achieved across most product segments and geographies, with particularly strong performance in household, health and personal care segments within the Fragrance division, as well as in packaged foods, savoury, snacks and nutraceuticals in the Flavour division. In the product segments most affected by the COVID-19 pandemic, namely Fine Fragrance and to a lesser extent Active Beauty in the Fragrance division and Foodservice in the Flavour division, the Group experienced a significant reduction in business activity in the months from March through June, as the restrictions related to the COVID-19 pandemic restricted retail and travel retail activity as well as out-of-home food consumption.
7/21/2020
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Becton, Dickinson and Company
Becton, Dickinson nabs orders for 177M injection devices
Becton, Dickinson and Company (NYSE:BDX) announces additional orders in the U.S. and Canada for 177M injection devices for use during the pandemic.
7/21/2020
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iRobot Corporation
IRobot Q2 Earnings and Revenues Beat Estimates, despite coronavirus crisis.
BEDFORD, Mass., July 21, 2020 /PRNewswire/ -- iRobot Corp. (NASDAQ: IRBT), a leader in consumer robots, today announced its financial results for the second quarter ended June 27, 2020.
7/21/2020
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Lockheed Martin Corporation
Lockheed Martin Tops Q2 Earnings Forecast, Lifts 2020 Financial Guidance and Provides update on Business Operational Status amid COVID-19 outbreak.
BETHESDA, Md., July 21, 2020 /PRNewswire/ -- Lockheed Martin Corporation (NYSE: LMT) today reported second quarter 2020 net sales of $16.2 billion, compared to $14.4 billion in the second quarter of 2019. Net earnings in the second quarter of 2020 were $1.6 billion, or $5.79 per share, compared to $1.4 billion, or $5.00 per share, in the second quarter of 2019. Cash from operations in the second quarter of 2020 was $2.2 billion, compared to cash from operations of $1.7 billion in the second quarter of 2019.
7/21/2020
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Mueller Industries, Inc.
Mueller Industries Provides COVID-19 Business Update, Announces that Q2 Profit, Sales Decline.
COLLIERVILLE, Tenn.--(BUSINESS WIRE)--Jul. 21, 2020-- Mueller Industries, Inc. (NYSE: MLI) announced second quarter operating income of $52.3 million, compared with $51.5 million for the prior year period.
7/21/2020
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Texas Instruments Incorporated
Texas Instruments Q2 Earnings and Revenues Surpass Estimates, despite COVID-19 outbreak.
DALLAS, July 21, 2020 /PRNewswire/ -- Texas Instruments Incorporated (TI) (Nasdaq: TXN) today reported second quarter revenue of $3.24 billion, net income of $1.38 billion and earnings per share of $1.48. Earnings per share include a 33-cent benefit for items that were not in the company's original guidance.
7/21/2020
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Texas Instruments Incorporated
Texas Instruments Reports Higher 2Q Profit, Lower Revenue Amid COVID-19 Pandemic.
DALLAS, July 21, 2020 /PRNewswire/ -- Texas Instruments Incorporated (TI) (Nasdaq: TXN) today reported second quarter revenue of $3.24 billion, net income of $1.38 billion and earnings per share of $1.48. Earnings per share include a 33-cent benefit for items that were not in the company’s original guidance.
7/21/2020
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eMagin Corporation
eMagin Rallies 9% on strong bookings for Q2 during COVID-19 outbreak.
HOPEWELL JUNCTION, NY / ACCESSWIRE / July 21, 2020 / eMagin Corporation, or the Company (NYSE American:EMAN), a leader in the development, design and manufacture of Active Matrix OLED microdisplays used in military and commercial AR/VR devices, and other near-eye imaging products, announced today preliminary revenues for the second quarter of 2020 and backlog at June 30, 2020.
7/21/2020
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Baggage Hub Ltd
Baggage Hub Remains in operation amid the spread of COVID-19 pandemic.
In light of the ongoing situation surrounding the coronavirus, we understand that you will have questions about your delivery and your plans may change. As things stand, Baggage Hub is still in operation, moving goods and belongings internationally. There are a number of important measures in place and contingencies designed to deal with the evolving situation which are outlined below. We are monitoring updates very closely and updating these details accordingly.
7/21/2020
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Japan Display Inc.
Due to the ongoing COVID-19 pandemic, Japan Display Postpones the release of Fiscal Year 2020 First-Quarter Earnings to September 10, 2020.
Japan Display Inc. ("JDI") hereby announces that the announcement of earnings for the first quarter of FY 2020 (ending March 2021) that had been scheduled for mid-August has been postponed to September 10, 2020 (Thursday)
7/21/2020
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Windstream Holdings, Inc.
Windstream's Q2 revenue drops, due to COVID-19 outbreak.
LITTLE ROCK, Ark.--(BUSINESS WIRE)-- Windstream Holdings, Inc., a leading provider of advanced network communications and technology solutions, announced today certain preliminary financial results for the second quarter of 2020.
7/21/2020
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McAfee, LLC
McAfee Report Shows Threat Actor Evolution During Pandemic
McAfee, the device-to-cloud cybersecurity company, today released its McAfee COVID-19 Threat Report: July 2020 examining cybercriminal activity related to COVID-19 and the evolution of cyber threats in Q1 2020.
7/21/2020
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Best Buy Co., Inc.
Best Buy Provides Updates on Evolution of Employee Pay amid COVID-19, Reports solid sales during Q1 2020.
MINNEAPOLIS, July 21, 2020 -- Best Buy Co., Inc. (NYSE: BBY) today announced updates related to employee pay evolution and Q2 FY21 quarter-to-date sales performance.
7/21/2020
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Uber Technologies Inc.
Uber offers Covid-19 contact tracing help amid chaotic US response
NEW YORK: Uber Technologies Inc has quietly launched a service to give public health officials quick access to data on drivers and riders presumed to have come into contact with someone infected with Covid-19, company officials told Reuters.
7/21/2020
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Nidec Corporation
Nidec Reports Q1, 2020 Financial Results and Provides COVID-19 Business Update.
Nidec Group considers its employees’ health and satisfaction as its important source of management, and promotes measures to realize “health-oriented management”.
7/21/2020
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Teradyne, Inc.
Teradyne Provides COVID-19 Business Update and Reports that Q2 Profit Tops Estimates; Revenue Up 49%.
NORTH READING, Mass., July 21, 2020 (GLOBE NEWSWIRE) -- Teradyne, Inc. (NASDAQ: TER) reported revenue of $839 million for the second quarter of 2020 of which $659 million was in Semiconductor Test, $72 million in System Test, $49 million in Wireless Test and $59 million in Industrial Automation (IA). GAAP net income for the second quarter was $188.9 million or $1.05 per diluted share.
7/21/2020
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Kuehne + Nagel
Kuehne+Nagel Beats expectations, restores dividend plans and Remains in operation amid Coronavirus crisis.
Schindellegi / CH, July 21, 2020 – In light of the challenges posed by the coronavirus pandemic and the global lockdown, the Kuehne+Nagel Group achieved a good result in the second quarter of 2020. Market share gains and the cost savings initiated throughout the Group had a positive impact. Net turnover for the first half-year was CHF 9.8 billion and EBIT was CHF 419 million. Currency fluctuations had a significant negative impact on both net turnover (-5.9%) and EBIT (-5.3%) in the first half-year. Free cash flow increased by 5.5% relative to the prior year.
7/21/2020
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Carlisle Companies Incorporated
Carlisle Companies Announces Business Update, Reports that Q2 Earnings and Revenues Top Estimates amid coronavirus outbreak.
SCOTTSDALE, ARIZONA, July 21, 2020 - Carlisle Companies Incorporated (NYSE:CSL) today announced its second quarter 2020 financial results.
7/21/2020
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Vaisala
Vaisala's Half Year Financial Report Affected by COVID-19 pandemic, Provides Update on Business Continuity.
Second quarter net sales decreased by 5% in both business areas. In Industrial Measurements business area, net sales growth was good in APAC region and especially in China as a result of the COVID-19 pandemic easing up.
7/21/2020
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Samsung Electronics Co. Ltd.
(LEAD) Samsung C&T Q2 net rises 6.4 pct on equity gains
SEOUL, July 21 (Yonhap) -- Samsung C&T Corp., a construction affiliate of Samsung Group, said Tuesday its second-quarter net profit rose 6.4 percent from a year earlier due to profitable projects and shareholding gains from its affiliate.
7/21/2020
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Texas Instruments Incorporated
Texas Instruments’ COVID effect: Chip orders rise as customers stock up to avoid supply disruptions
Texas Instruments Inc. is projecting third-quarter revenue that tops analyst estimates, indicating the Dallas-based chipmaker is seeing increased orders from customers trying to cushion themselves against any coronavirus-related supply disruptions.
7/21/2020
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Texas Instruments Incorporated
Texas Instruments Gives Strong Forecast But Urges Caution
Texas Instruments Inc. projected revenue in the current quarter that topped analysts’ estimates, saying orders haven’t fallen off as much in the coronavirus pandemic as they did in the last recession. The chipmaker’s executives, however, cautioned that the positive outlook isn’t a sign the economy is on the upswing.
7/21/2020
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Texas Instruments Incorporated
Texas Instruments Gives Strong Forecast on Inventory Buildup
Texas Instruments Inc. projected third-quarter revenue that topped analysts’ estimates, indicating the company is seeing increased orders from customers trying to cushion themselves against any supply disruptions as the coronavirus pandemic drags on.
7/21/2020
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SFS Group AG
SFS Defends its profitability despite a difficult second quarter, due to the ongoing effect of COVID-19 pandemic.
The first half of the year was impacted by the COVID-19 pandemic, which had a clearly negative effect on the course of business in the second quarter. Amid this extraordinary situation, management’s focus was on employee health and safety, temporary production capacity adjustments, strict cost management in order to defend profitability, and continued innovation activities. Sales for the period benefited from the Group's well-balanced exposure to different end markets and regions, and organic growth in some divisions. Gross sales amounted to CHF 773.7 million. This corresponds to a decline of –10.8% compared to the prior-year period. Despite this decline in first-half year sales, SFS achieved a robust EBITDA margin of 15.5% and an EBIT margin of 9.2%.
7/21/2020
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Toyota Motor Corporation
Toyota Motor Announces statement on reported COVID-19 infection at its work site in Aichi Prefecture.
Today, Toyota has confirmed that a male full-time employee in his 20's engaged in engineer work at its Toyota City headquarters location, based in Aichi Prefecture, Japan has been found to be infected with COVID-19. The employee in question has not come in to work since reporting having a fever on Wednesday July 15. After seeing a doctor on July 16, he took the COVID-19 virus test on July 20, which returned positive today. Currently, he is staying home to recover.
7/21/2020
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Toyota Motor Corporation
Toyota sees further recovery in global car production in August
TOKYO (Reuters) - Toyota Motor Corp (7203.T) will make 2% fewer vehicles globally in August than originally planned, the Japanese automaker said on Tuesday, as output recovers gradually from a steep drop because of the coronavirus pandemic.
7/21/2020
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Toyota Motor Corporation
Toyota Motor Provides adjustments to Domestic Production in August 2020 as of July 21.
Toyota estimates that strong global demand for new vehicles will bring domestic production back to almost the same as the initial plan in August. This recovery trend is expected to continue in the future.
7/21/2020
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Microsoft Corporation
Microsoft's LinkedIn cuts about 6% of workforce
With the pandemic taking a toll on recruitment demand, LinkedIn (NASDAQ:MSFT) is cutting 960 workers across the global sales and talent acquisition organizations.
7/21/2020
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AAR Corp.
AAR Corp Q4 Earnings Beat Estimates, Sales Fall Y/Y, Announces Update on Business Status amid coronavirus outbreak.
WOOD DALE, Ill., July 21, 2020 (GLOBE NEWSWIRE) -- AAR CORP. (NYSE: AIR) today reported fourth quarter Fiscal Year 2020 consolidated sales of $416.5 million and a loss from continuing operations of $15.0 million, or $0.43 per diluted share.
7/21/2020
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Koninklijke Philips N.V.
Koninklijke Philips Provides Business Update, Announces that Q2 Earnings Down on Coronavirus Impact.
“As the global societal and economic impact of the COVID-19 outbreak intensified in the second quarter of 2020, we continued to focus on our triple duty of care: meeting critical customer needs, safeguarding the health and safety of our employees, and ensuring business continuity. In close collaboration with our suppliers and partners, we have steeply ramped up the production volumes of acute care products and solutions to help diagnose, treat, monitor and manage COVID-19 patients. Our field service engineers have been supporting healthcare providers around the world throughout these testing times. Under the circumstances, I am pleased at the way we have performed and I am grateful and proud of how all our employees have stepped up.
7/20/2020
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Air Partner Plc.
Air Partner Provides Business Update regarding COVID-19 pandemic.
Air Partner, a global aviation services group, announced today that the company’s freight division has carried out more than 160 dedicated cargo flights globally since February to support the urgent demand for personal protective equipment (PPE), COVID-19 test kits and other necessities in the fight against COVID-19 (“novel coronavirus”).
7/20/2020
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Rorze Corp.
Rorze Announces response regarding the spread of COVID-19 outbreak in Tokyo, as of July 20, 2020.
Based on the situation that the number of new coronaviruses newly infected in Tokyo is increasing, the Company has decided to strengthen the measures as follows with the highest priority to prevent infection damage and to ensure the safety of employees.
7/20/2020
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Continental AG
Despite the ongoing COVID-19 outbreak, Continental's Q2, 2020 Results Exceed Capital Market Expectations.
Hanover, July 20, 2020. Continental announced today, in a mandatory disclosure, its key figures for the second quarter of fiscal 2020 based on preliminary data. The results are above current average estimates of analysts. Accordingly, consolidated sales in the second quarter of the current fiscal year amounted to €6.620 billion and the adjusted EBIT margin was -9.6 percent. Year-on-year organic growth (adjusted for changes in the scope of consolidation and exchange-rate effects) was -39.8 percent.
7/20/2020
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International Business Machines Corporation
IBM CEO: COVID-19 Has Created Immediate Challenges, Long-Term Opportunities
IBM’s Q2 financials reflected the immediate challenges of the coronavirus crisis, as well as the long-term opportunities created by the pandemic’s acceleration of enterprise digital transformation initiatives, IBM CEO Arvind Krishna told investors Monday on the company’s second-quarter earnings call.
7/20/2020
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International Business Machines Corporation
IBM Earnings Falter as Coronavirus Accelerates Turnaround Push
International Business Machines Corp.'s earnings declined in the second quarter against the backdrop of a pandemic that has roiled many of its corporate customers.
7/20/2020
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Ford Motor Company
9 more positive cases of COVID-19 confirmed at Ford's Kentucky Truck Plant.
LOUISVILLE, Ky. (WDRB) -- Nine more employees at Ford's Kentucky Truck Plant in Louisville have tested positive for COVID-19, according to a memo sent to United Auto Workers Union employees.
7/20/2020
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ManpowerGroup Inc.
ManpowerGroup Reports 30% revenue decline in Q2, Provides COVID-19 Update.
MILWAUKEE, July 20, 2020 /PRNewswire/ -- ManpowerGroup (NYSE: MAN) today reported net losses of $1.10 per diluted share for the three months ended June 30, 2020 compared to net earnings of $2.11 per diluted share in the prior year period. Net losses in the quarter were $64.4 million compared to net earnings of $127.3 million a year earlier. Revenues for the second quarter were $3.7 billion, a 30% decline from the prior year period.
7/20/2020
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Mitsui & Co., Ltd.
Mitsui & Co Announces that four employees at Tokyo Head Office tested positive for COVID-19, as of July 20, 2020.
Mitsui & Co., Ltd. (Head Office: Chiyoda-ku, Tokyo, President and CEO: Tatsuo Yasunaga, herein after "Mitsui") has confirmed that four employees stationed in Tokyo Head Office have tested positive for COVID-19. The test results were received between July 17th and today. The employees are currently following instructions from healthcare authorities.
7/20/2020
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Facebook, Inc.
Facebook Removes Video About COVID-19 Drug From RT Arabic's Official Page
MOSCOW (Sputnik) - Facebook has removed a video about a drug against the coronavirus from the official account of the RT Arabic broadcaster.
7/20/2020
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Uber Technologies Inc.
Uber offers COVID-19 contact tracing help amid chaotic U.S. response
NEW YORK (Reuters) - Uber Technologies Inc has quietly launched a service to give public health officials quick access to data on drivers and riders presumed to have come into contact with someone infected with COVID-19, company officials told Reuters.
7/20/2020
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Samsung Electronics Co. Ltd.
Samsung Teases New Mobile Gadgets For a Stay-at-Home Generation
Samsung Electronics Co. is preparing to unveil a slate of new mobile devices at a virtual Galaxy Unpacked event on Aug. 5, when it will elaborate on its shifting strategy to adapt to the Covid-19 pandemic.
7/20/2020
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Cadence Design Systems, Inc.
Cadence Design Systems Beats Q2 Earnings and Revenue Estimates, despite the ongoing COVID-19 outbreak.
SAN JOSE, Calif. — July 20, 2020 — Cadence Design Systems, Inc. (Nasdaq: CDNS) today announced results for the second quarter of 2020.
7/20/2020
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Limelight Networks, Inc.
Limelight Networks Reports strong financial results for the second quarter of 2020, despite COVID-19 outbreak.
SCOTTSDALE, Ariz.--(BUSINESS WIRE)-- Limelight Networks, Inc. (Nasdaq: LLNW) (Limelight), a leading provider of video delivery and edge cloud services, today reported revenue of $58.5 million for the second quarter of 2020, up 28 percent, compared to $45.9 million in the second quarter of 2019. Year-over-year currency impact was negative by approximately $0.1 million.
7/20/2020
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Hyundai Motor Company
Hyundai, Kia's Q2 net tipped to nosedive amid pandemic
SEOUL, July 20 (Yonhap) -- Hyundai Motor Co. and its affiliate Kia Motors Corp., South Korea's two biggest carmakers, may suffer a sharp decline in the second-quarter earnings as a result of the coronavirus outbreak, but have fared well compared to foreign rivals, analysts said Monday.
7/20/2020
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LG Display Co., Ltd.
LG Display to begin to mass-produce OLED panels in China soon
SEOUL, July 20 (Yonhap) -- LG Display Co., South Korea's major display panel maker, said Monday it will begin to mass-produce OLED panels soon at its factory in Guangzhou, China, after a one-year delay due to the new coronavirus outbreak.
7/20/2020
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Amazon.com, Inc.
Amazon's stock surges to snap 5-day losing streak, adds about $91 billion to its market cap
Shares of Amazon.com Inc. AMZN, -0.98% powered up 6.2% in afternoon trading, to add $91.3 billion to the ecommerce and cloud giant's market capitalization, after MKM Partners analyst Rohit Kulkarni raised his price target by 33% citing the company as a two-pronged beneficiary of the COVID-19 pandemic.
7/20/2020
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Cisco Systems, Inc.
Cisco Admits 5G Stalled By COVID-19 Crisis
The COVID-19 crisis and economic doldrums caused by the pandemic is causing delays in 5G, Cisco executives recently told SDxCentral. The software and hardware vendor was working with 30 customers on active 5G deployments as recently as last month, but it’s bracing for delays to spread through the remainder of 2020.
7/20/2020
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Continental AG
Continental Announces that Results of Q2, 2020 Exceed Capital Market Expectations, despite the ongoing COVID-19 pandemic.
The financial results of Continental AG in the second quarter of fiscal 2020 are above current average analyst expectations. Based on preliminary data, key financial results of the second quarter of fiscal 2020 are as follows:
7/20/2020
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Tesla
Tesla’s prayer for profit, earnings tests for Intel and Microsoft highlight first big week of coronavirus-tainted earnings
This earnings reporting season is so far living up to expectations that it will be the worst since the depths of the 2008 financial crisis, but a number of big names could offer some better news in the week ahead.
7/20/2020
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The Würth Group
Würth Elektronik cuts jobs in Germany
Up to 100 jobs will be lost at the Würth site in Schopfheim as the PCB manufacturer reacts to a slump in order intake. As reported by the local newspaper, Badische Zeitung, Würth felt that due to the drop in orders caused by the corona pandemic, the choice was to either lay off employees at the location, or to not fill vacancies.
7/20/2020
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CounterPath Corporation
CounterPath Provides Update on Impact of COVID-19, Reports Q4, 2020 Financial Results.
VANCOUVER, BC, Canada — July 20, 2020 — CounterPath Corporation (NASDAQ: CPAH) (TSX: PATH) (the “Company” or “CounterPath”), a global provider of award-winning Unified Communications and Collaboration (UCC) solutions for enterprises and service providers, today announced the financial and operating results for its fourth quarter and fiscal year ended April 30, 2020.
7/20/2020
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LinkedIn Corporation
LinkedIn's CEO Ryan Roslansky Announces statement on COVID-19 pandemic.
We are entering our new fiscal year with a greater sense of urgency than ever to stay ahead of the paradigm shifts our members are facing. Everywhere, people are adapting to new ways of staying connected, learning, networking, selling, hiring, and finding work. We got ahead of this shift in March and moved with speed to adapt and innovate. We added many new features to our products and even launched new products like virtual events, #OpenToWork, and virtual interview feedback. We used our platform to showcase trusted news & voices, made our recruitment tools free for those fighting the pandemic, and pledged to help 25 million people worldwide acquire the skills they need for free.
7/20/2020
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General Motors Company
GM to layoff nearly 1,000 employees from Wentzville plant
WENTZVILLE, Mo. – This is the final week for the third shift at the General Motors plant in Wentzville.
7/20/2020
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Nagase Co. Ltd.
Nagase Announces that one employee at Tokyo head office tested positive for Coronavirus, as of July 20, 2020.
Worked at the Tokyo head office (Chuo-ku, Tokyo) of Nagase & Co., Ltd. (Chuo-ku, Tokyo, President: Kenji Asakura) It was discovered that one employee (hereinafter referred to as “the employee A”) who was in charge was infected with the new coronavirus.
7/20/2020
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LogMeIn, Inc.
LogMeIn CEO rethinks corporate headquarters for a post-COVID era
Six months ago, LogMeIn chief executive Bill Wagner never would have imagined he would hire his next chief financial officer without meeting him in person first. Wagner would have said that’s crazy.
7/19/2020
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Telia Company
Telia sees $110M impact on Q2 revenue from COVID-19.
COVID-19 had an estimated SEK 1.0 billion impact on service revenues, driven by lower roaming, pay-TV and advertising revenues. The estimated impact on adjusted EBITDA amounts to SEK 0.5 billion.
7/17/2020
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IQD Frequency Products Ltd.
IQD Frequency Remains fully operational amid COVID-19 outbreak.
COVID-19 is still a serious threat and our priority remains the safety and well-being of our staff, customers and partners, families, and the communities in which we live and work, where we are continually reviewing our processes and procedures and monitoring latest Government advise on emerging from lockdown and returning to work. With lockdown being slowly eased, IQD in common with many other businesses are gradually starting to return our staff to the office, test laboratory and warehouse and returning to the new ‘normal’.
7/17/2020
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KONE Corporation
KONE Corporation Provides Business Update and Reports strong performance in Q2, despite the impact of COVID-19 pandemic.
Due to the COVID-19 outbreak, demand in the new equipment market decreased in many parts of the world. In Asia-Pacific, the new equipment volumes grew clearly as a result of high level of activity in China. In the rest of Asia-Pacific, the new equipment markets declined significantly. In the EMEA region, the new equipment market declined clearly. The new equipment market in Central and North Europe declined slightly and in South Europe, the market declined significantly. In the Middle East, the market declined clearly. In North America, the market declined significantly.
7/17/2020
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Saab Group
Saab profit and orders rise amid COVID-19 pandemic.
During the second quarter of 2020, the COVID-19 pandemic had a major impact on people, countries and companies around the world. The situation affects Saab as well, but our defence business remains strong. Our civil business, on the other hand, is facing a larger impact from the pandemic, with demand in civil aviation being significantly down. Despite these challenges, Saab showed a strong performance in the second quarter and results for the first half-year were in line with last year.
7/17/2020
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Hongkong Post
Hongkong Post Announces that E-Express service to United States to resume.
Hongkong Post today (July 17) announced that e-Express service to some parts of West Coast areas in the United States will resume from tomorrow (July 18) as airlines gradually scale up their air traffic capacity. Notwithstanding this, local postal operations are still under the influence of the pandemic and delays in mail delivery are expected.
7/17/2020
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Astro Lighting Ltd.
Astro Lighting Announces Actions taken at UK Headquarters to curb the spread of COVID-19 pandemic.
In line with UK Government guidance, our UK Headquarters is a COVID-19 Secure Workplace.
7/17/2020
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Jeveka BV
Jeveka Remains open and will continue to deliver as normal.
Jeveka's precautionary measures have been tightened up as a result of the guidelines that have been determined by the government and the RIVM with regard to the corona virus.
7/17/2020
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Butler National Corporation
Despite the impact of COVID-19 outbreak, Butler National Announces Solid Q4, 2020 with Revenue Increased 12%.
OLATHE, KANSAS, July 17, 2020, - Butler National Corporation (OTCQB: BUKS), a leader in the growing global market for aircraft structural modification, maintenance, repair and overhaul (MRO) and a recognized provider of gaming management services, announces its financial results for the fourth quarter and fiscal year ended April 30, 2020. In conjunction with the release, the Company has scheduled a conference call Tuesday, July 21, 2020 at 9:00 AM Central Daylight Time.
7/17/2020
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Autoliv, Inc.
Autoliv Announces that COVID-19 negatively affected Q2, 2020 and Provides COVID-19 Update.
Organic sales declined* 2.6pp more than global light vehicle production declined, with the negative regional mix offsetting our outperformance within each of the regions. April sales declined Y-o-Y organically by 65%, May by 55% and June by 20%. Order intake in the first half year was in line with last year and supportive of prolonged sales outperformance.
7/17/2020
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Rio Tinto Plc
Rio Tinto increases production and shipments of iron ore in spite of coronavirus during Q2, 2020.
Rio Tinto Chief Executive J-S Jacques said “We delivered a strong performance, particularly in iron ore and bauxite, demonstrating the underlying resilience of our business and ability to adapt in difficult conditions. Our iron ore assets are performing well in a strong pricing environment and we are on track to meet our 2020 iron ore guidance. Despite various COVID-19 related challenges, all our assets have continued to operate, with our first priority to protect the health and safety of all our employees and communities.
7/17/2020
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Burris Logistics
Burris Logistics Provides Business Update regarding the spread of COVID-19 pandemic.
Staying up-to-date with industry trends to include OTIF, and Direct-to-Consumer fulfillment for eCommerce is hard work! However, our focus on Team member safety is what will keep the supply chain fully intact.
7/17/2020
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Telefonaktiebolaget LM Ericsson
Telefonaktiebolaget LM Ericsson EPS beats by SEK0.30, beats on revenue, Provides COVID-19 Business Update.
The Covid-19 pandemic had a limited impact on operating income and cash flow in the quarter.
7/17/2020
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ASSA ABLOY group
ASSA ABLOY Swings to loss during Q2, 2020 and Provides COVID-19 Update.
The development of the Covid-19 outbreak has led to an extraordinary situation with more than half of the world population in some form of lockdown during most of the quarter. Our organic sales growth declined by –18%, currency effects were neutral, while net acquired growth was positive at 3%, resulting in a net sales decline of –15%. As a result of the lockdowns, organic sales growth decreased in all divisions with the largest effects in EMEA and Global Technologies.
7/17/2020
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Spaenaur
Spaenaur Remains open for business and deliveries as usual.
UPDATE July 17: We’re pleased to announce that we will be reopening our retail counter on July 27. As part of our safety precautions we will not be able to accept cash payments and our hours of operation will be 8:00-4:30. We will also be limiting the number of customers allowed inside at one time. Thank you for your understanding, we look forward to serving you in person again soon!
7/17/2020
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Shirai Electronics Industrial Co. Ltd.
Shirai Electronics Industrial Announces closure of all domestic bases due to the ongoing of COVID-19 pandemic.
We would like to inform you that the effect of the spread of the new coronavirus infection is continuing and we will carry out the second holiday as follows due to production adjustment etc. We sincerely apologize for any inconvenience caused to you, but we kindly ask for your understanding.
7/17/2020
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Alstom SA
Alstom Announces Business Update and Reports that Q1 2020/21 financial results negatively affected by COVID-19.
16 July 2020 – Over the first quarter of the 2020/21 fiscal year (from 1 April to 30 June 2020), Alstom booked €1.7 billion of orders, compared to €1.6 billion over the same period last year. The Group’s sales decreased to €1.5 billion, down 27% (-25% on an organic basis) compared to €2.1 billion over the first quarter of 2019/20. Book-to-bill ratio stood at 1.1.
7/16/2020
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Quickstep Holdings, Ltd.
Quickstep Reports Financial Results second quarter and Provides COVID-19 Business Update.
16 July 2020: Quickstep Holdings Limited (ASX: QHL), Australia’s leading independent carbon fibre composites manufacturer, today released its quarterly update for the fourth quarter of FY20.
7/16/2020
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Sandvik AB
Sandvik sees slow demand recovery after Q2 profit beat, Announces that Production during the quarter unaffected by the Covid-19 situation.
A webcast and teleconference will be held on 16 July 2020 at 13:00 CEST. Information is available at home.sandvik/investors
7/16/2020
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ABBOTT LABORATORIES
Abbott Laboratories Gets Boost From U.S. Covid-19 Testing
Abbott Laboratories recorded a surge in revenue in its U.S. diagnostics business during the second quarter, fueled by strong demand for the company’s Covid-19 testing.
7/16/2020
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ABBOTT LABORATORIES
ABBOTT LABORATORIES Beats on Q2 Estimates, Provides COVID-19 Update.
ABBOTT PARK, Ill., July 16, 2020 /PRNewswire/ -- Abbott (NYSE: ABT) today announced financial results for the second quarter ended June 30, 2020.
7/16/2020
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Ford Motor Company
Ford's Sales in Europe Fell by Half Last Quarter, but Recovery Is Well Underway.
Ford sold 59,521 (-40.0%) commercial vehicles in the quarter; the commercial vehicle business was less affected by the COVID-19 pandemic due to high mix of fleet sales
7/16/2020
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Aehr Test Systems
Aehr Test Systems Reports Q4, 2020 and Full Year Results, Provides COVID-19 Business Update.
Fremont, CA (July 16, 2020) – Aehr Test Systems (NASDAQ: AEHR), a worldwide supplier of semiconductor test and reliability qualification equipment, today announced financial results for its fiscal 2020 fourth quarter and full year ended May 31, 2020.
7/16/2020
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ROHM Co., Ltd.
Operation Status of ROHM Electronics Philippines, as of July 16, 2020.
In order to assure the safety and wellness of the employees and to prevent the spread of the virus, the employees with history of close contact with the infected are asked to stay home for 2 weeks. The workplaces where infected employees belong to were shut down as of the 9th of July to assure the complete disinfection.
7/16/2020
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Barco
Barco Sales Decline 18% in First Half of 2020, Provides COVID-19 Business Update.
Kortrijk, Belgium, 16 July 2020, 07:30 am – Today Barco (Euronext: BAR; Reuters: BARBt.BR; Bloomberg: BAR BB) announced results for the six month period ended 30 June 2020.[1]
7/16/2020
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AngioDynamics, Inc.
AngioDynamics suffers from coronavirus pandemic, loses $156 million.
LATHAM, N.Y.--(BUSINESS WIRE)--Jul. 16, 2020-- AngioDynamics, Inc. (NASDAQ: ANGO), a leading provider of innovative, minimally invasive medical devices for vascular access, peripheral vascular disease, and oncology, today announced financial results for the fourth quarter of fiscal year 2020, which ended May 31, 2020.
7/16/2020
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Trenton Systems Inc.
Trenton Systems remains focused on COVID-19 prevention in the workplace.
Lawrenceville, Georgia, July 16, 2020 - Trenton Systems, Inc. is keenly aware of the recent surge in COVID-19 cases in both Gwinnett County and the state of Georgia at large, and we are continuing to monitor the spread of the virus and check for updates daily.
7/16/2020
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Leonardo S.p.a.
Leonardo Provides Response to COVID-19 pandemic.
Leonardo's commitment to helping tackle the global health emergency, continues unabated. Through its manufacturing facilities in Italy and around the world, the Company has been quick to support national institutions with a series of joint initiatives in order to help manage and contain the spread of Covid-19. Leonardo will continue providing essential people and resources to support the extraordinary effort of all those who are at the forefront of combating this pandemic.
7/16/2020
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Belkin
Belkin Face Masks Now Available For Purchase
LOS ANGELES, July 16, 2020 /PRNewswire/ -- Belkin, the connected things division within the Belkin International and Foxconn Interconnect Technology (FIT) (HK: 6088) entity, today announced its face masks are now available for purchase on Belkin.com to help address the ongoing need for personal protective equipment amidst the battle against COVID-19.
7/16/2020
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NORMA Group
NORMA Announces the impact of COVID-19 pandemic on the preliminary results for the second quarter of 2020.
Maintal, July 16, 2020 - NORMA Group SE (ISIN DE 000A1H8BV3 / WKN A1H8BV, 'NORMA Group'), publishes preliminary figures for the second quarter of 2020, which are below the figures for Q2 2019.
7/16/2020
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Frequency Electronics, Inc.
Frequency Electronics Announces the impact of COVID-19 on Fiscal Year 2020 Results and Provides Business Update.
MITCHEL FIELD, N.Y., July 16, 2020 (GLOBE NEWSWIRE) -- Frequency Electronics, Inc. (“FEI” or the “Company”) (NASDAQ-FEIM) is reporting revenues of $41.5 million for fiscal year 2020 ended April 30, 2020, compared to revenues of $49.5 million for fiscal year 2019, ended April 30, 2019. Operating loss for fiscal year 2020 was $10.9 million compared to an operating loss of $2.8 million for fiscal year 2019. Net loss from operations for the fiscal year was $10.0 million or ($1.10) per diluted share compared to a net loss of $2.5 million or ($0.28) per diluted share for fiscal year 2019.
7/16/2020
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L&T Technology Services
L&T Technology Services consolidated net profit declines 42.52% during Q1 FY21 results, due to COVID-19 outbreak.
Mumbai, July 16, 2020: L&T Technology Services Limited (BSE: 540115, NSE: LTTS), India’s leading pure-play engineering services company, announced its results for the first quarter ended June 30, 2020.
7/16/2020
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Atlas Copco Group
Despite the impact of ongoing COVID-19, Atlas Copco Beat Earnings Expectations.
Nacka, Sweden, July 16, 2020: Mats Rahmström, President and CEO of the Atlas Copco Group, comments on the report for the second quarter of 2020 that was released today.
7/16/2020
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Murata Manufacturing Co., Ltd.
Murata Manufacturing Announces operational status at its facility in Okayama, due to the infection of one employee with COVID-19.
On July 15, Murata Manufacturing Co., Ltd. (hereinafter, "Murata") confirmed that an employee of one of our partner companies working at Okayama Murata Manufacturing Company, Ltd.’s (hereinafter, "the site"), had tested positive for COVID-19.
7/16/2020
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Sierra Circuits, Inc.
Sierra Circuits Remains fully operational amid COVID-19 pandemic.
Our Silicon Valley facility is deemed "essential" and is fully operational to support medical, defense & other printed circuit board fabrication and assembly projects.
7/16/2020
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PPG Industries Inc.
PPG Industries' Earnings & Sales Beat Estimates in Q2 and Provides COVID- Business Update.
PITTSBURGH--(BUSINESS WIRE)-- PPG (NYSE:PPG) today reported second quarter 2020 net sales of $3.0 billion, down approximately 25% versus the prior year. Selling prices increased by nearly 2%. Sales volumes were down 24% versus the prior year. The lower sales volumes reflect the negative economic impacts of the COVID-19 pandemic. Unfavorable foreign currency translation impacted net sales by more than 3%, or about $135 million, and acquisition-related sales, net of divestitures, added less than 1% to sales growth.
7/16/2020
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Prism Electronics Ltd.
Prism Electronics Remains fully operational amid COVID-19 pandemic, as of July 16, 2020.
Prism continues to operate normally while in accordance with social distancing and working guidelines as defined by Public Health England.
7/16/2020
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TDK Corporation
UK power supply manufacturer steps up to coronavirus challenge
Since the COVID-19 outbreak, TDK-Lambda UK began receiving requests from a number of existing healthcare customers in March and April to expedite and increase delivery quantities, by six to tenfold in some cases.
7/16/2020
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Energy Focus Inc.
Energy Focus Provides Updated Second Quarter 2020 Revenue Projection and Third Quarter Revenue Guidance regarding to the scope of COVID-19 pandemic.
SOLON, Ohio, July 16, 2020 (GLOBE NEWSWIRE) -- Energy Focus, Inc. (NASDAQ: EFOI), a leader in sustainable LED lighting technologies, today provided an updated revenue projection for the second quarter of 2020, related to the delay in the shipment of a single large military order.
7/16/2020
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3M Company
3M Updates Ongoing Actions to Combat COVID-related Fraud
ST. PAUL, Minn.--(BUSINESS WIRE)--3M is sharing results of the global efforts the company launched in March to combat fraud connected to the COVID-19 pandemic. 3M has worked with law enforcement authorities and partnered with ecommerce and technology companies to help protect the public against those exploiting the demand for critical 3M products.
7/16/2020
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Tesla
Tesla registrations in California nearly halve in second quarter: data
Tesla Inc's vehicle registrations nearly halved in the U.S. state of California during the second quarter, according to data from Cross-Sell, a marketing research firm that collates title and registration data.
7/16/2020
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Taiwan Semiconductor Manufacturing Co., Ltd.
SMIC Chipmaker Stock Listing Triples in Value as China Reports 3.2 Percent Q2 Growth Amid COVID-19
The developments follow a decision from the key Chinese chipmaker to delist from the New York Stock Exchange amid the ongoing US trade war with China, where President Donald Trump passed measures in May to block US tech firms from supplying numerous technologies to mainland tech companies, citing national security concerns.
7/16/2020
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Cristek Inc
Cristek's production labor availability is down 32% due to the impact of COVID-19 pandemic.
The purpose of this letter is to inform you of the effects of the COVID-19 surge in Orange County, CA on our Anaheim, CA facility. Over the last 48 hours, we have seen a significant change with an increasing trend in overall impacts. As of today, our production labor availability is down 32% and is expected to worsen. Although we continue to operate safely, only having several employees test positive since the inception of the epidemic, employees are reporting personal circumstances that prevent them from reporting to work. These include self-imposed quarantine, difficulty in securing childcare and other concerns.
7/16/2020
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Cummins Inc.
Cummins Releases 2019 Sustainability Progress Report and Special Report on the Impact of COVID-19 in 2020.
The report includes a special section on Cummins’ actions during the first six months of the COVID-19 pandemic to protect the health and job security of its employees.
7/16/2020
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Texas Instruments Incorporated
Texas Instruments' plans and factories are operating as normal, as of July 16, 2020.
TI’s operating plans and factories are operating as normal and at levels that support current lead times and customer requirements.
7/16/2020
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Toyota Motor Corporation
Toyota to restart Bidadi plant operations from July 20
Toyota Kirloskar Motor (TKM), on Thursday, announced restart of production at their plant in Bidadi, near Bengaluru, from July 20.
7/16/2020
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Amazon.com, Inc.
Amazon extends work from home order until January 8
Amazon said it is allowing employees who can work from home to do so until Jan. 8., once again extending the timeline on a return to work for many of its employees.
7/15/2020
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Apple Inc.
Apple Recloses Eight Stores in Maryland, Missouri, Virginia, and Wisconsin
Apple is re-closing eight more retail stores across the United States, in the states of Maryland, Missouri, Virginia, and Wisconsin.
7/15/2020
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Astec Industries, Inc.
Astec Provides update on Business Continuity amid COVID-19 pandemic.
Astec Industries is committed to the safety of our employees, suppliers, stakeholders and their families. Several weeks ago we formed a Coronavirus task force which continually monitors information from our sites, government agencies and other sources. We consider the COVID-19 pandemic to be extremely serious and fluid.
7/15/2020
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Bechtel Corp.
Bechtel Provides update on Business Continuity Status amid COVID-19 pandemic.
COVID-19 is impacting communities around the world that are home to our people and the people we serve. Our thoughts and support are with everyone who is working to overcome this historic challenge, and especially those whose lives have been touched directly.
7/15/2020
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Ford Motor Company
Ford might halt some production due to Mexican engine shortage
Ford Motor Company is considering shutting down production at certain plants in the US as a result of an engine shortage from production plants in Mexico, according to news reports.
7/15/2020
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Qumu Corporation
Qumu Raises Expected Revenue for Second Quarter 2020, Provides COVID-19 Update.
Minneapolis, MN – July 29, 2020 – Qumu Corporation (Nasdaq: QUMU), the leading provider of best-in-class video technology for the enterprise, announced preliminary revenue results for its second quarter ended June 30, 2020.
7/15/2020
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The Boeing Company
Boeing reports cancellation of another 60 737 MAX planes
NEW YORK: Boeing reported cancellation of 60 more 737 MAX planes in June, according to data released Tuesday, taking the total to 355 so far this year.
7/15/2020
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Nippon Yusen KK
IR Group: Notice of Remote Work (Seventh Report)
NYK has launched the revised work plan effective from July 14th, in response to the present situation of the new coronavirus (COVID19). In this new plan remote working is allowed for a maximum of five days a week. IR Group had started to come to the office for a maximum of two days a week, but in response to this revised work plan, we start working from home basically 5 days a week again.
7/15/2020
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Infosys Limited
Despite the outbreak of COVID-19, Infosys' Q1 Earnings and Revenues Beat Estimates.
Our Q1 results, especially growth, are a clear testimony to the relevance of our service offerings and deep understanding of clients’ business priorities which is resonating with them in these times. It also demonstrates the remarkable dedication of our employees and leadership during this period”, said Salil Parekh, CEO and MD. “Our confidence and visibility for the rest of the year is improving driven by our Q1 performance and large deal wins.”
7/15/2020
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ASML Holding N.V.
ASML Outlook Beats Expectations, Sees Growth Despite Virus and Announces the return of operational capabilities to normal.
Our second-quarter sales came in at €3.3 billion, a strong growth of over 35% compared to Q1. The gross margin came in at 48.2%, a significant improvement compared to Q1, primarily due to an improvement of the EUV installed base gross margin and the DUV mix. We shipped nine EUV systems and were able to recognize revenue for seven systems in the second quarter. The deferred revenue of four EUV systems that shipped in the first half of the year will be recognized after site acceptance, expected in the second half of the year. Our Q2 net bookings came in at €1.1 billion, including €461 million from EUV systems (three units).
7/15/2020
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Alcoa Inc.
Alcoa Reports strong Q2, 2020 Results and stable operating performance with higher production, despite the spread of COVID-19 pandemic.
PITTSBURGH--(BUSINESS WIRE)--Alcoa Corporation (NYSE: AA) today reported second quarter 2020 results consistent with the Company’s previously announced preliminary results and reflect improved productivity and continued operational stability during the COVID-19 pandemic.
7/15/2020
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DELTA ELECTRONICS INC
Delta Electronics sees booming shipments for IA products in 1H20
Power supply maker and energy management solution provider Delta Electronics originally expected the coronavirus pandemic to reduce demand for IA (industrial automation) products, but shipments to the segment increased in first-half 2020, according to company president and COO Simon Chang.
7/15/2020
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Samsung Electronics Co. Ltd.
Samsung CEO expresses concerns about protectionism in post-COVID-19 era
Samsung Electronics’ consumer electronics CEO Kim Hyun-suk on Wednesday expressed concerns over trade protectionism in major countries following a downturn in the home appliance market after the COVID-19 pandemic.
7/15/2020
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Bossard Group
Bossard Group Delivers Solid performance during Q1, 2020 in spite of COVID-19 pandemic.
The Bossard Group performed well in a market weighed down by the COVID-19 pandemic. Currency-adjusted sales in the first half of 2020 fell by 7.4 percent to CHF 399.4 million. The 11.4 percent sales drop in Swiss francs resulted from the stronger Swiss currency.
7/15/2020
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Taiwan Semiconductor Manufacturing Co., Ltd.
Highlights of the day: TSMC outlook remains rosy
The coronavirus pandemic has hardly dented the business of the world's top contract chipmaker, and instead market observers believe TSMC will see strong results for the third quarter and the entire 2020, driven mainly by a ramp-up in 5nm and 7nm chip orders. And the foundry house is also seeing strong orders for its mature manufacturing processes. The handset market may be weak at the moment, but 5G smartphone penetration in China is rising, thanks to local vendors lowering prices to stimulate demand.
7/15/2020
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The Würth Group
Würth Group's Sales dropped slightly by 3.1 percent and Provides COVID-19 Business Update.
The Würth Group reported sales of EUR 6.9 billion in the first half of 2020, down 3.1 percent over the same period last year. Adjusted for currencies, sales dropped by 2.9 percent.
7/15/2020
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TomTom N.V.
TomTom posts 41% slump in revenue but sees signs of recovery.
TOMTOM’S CHIEF EXECUTIVE OFFICER, HAROLD GODDIJN "COVID-19 remains a challenge for the global economy, but our operational revenue is on the road to recovery from the lows experienced in April.
7/15/2020
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Toyota Motor Corporation
Toyota Temporarily Halts Production at Its Bidadi Plant from July 14 to July 22, 2020 to stop the spread of the Coronavirus.
Toyota Kirloskar Motor (TKM) has announced that the company will be temporarily halting the production at its plant in Bidadi in Karnataka starting from July 14 (second shift) to July 22 (first shift). This has been done keeping in mind the rules and regulations issued by the Government to stop the spread of the Coronavirus.
7/15/2020
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3M Company
3M partners with MIT researchers to develop U.S.-backed rapid coronavirus antigen test
3M and researchers from the Massachusetts Institute of Technology announced Tuesday a partnership to develop a rapid coronavirus antigen test they say will be widely available in the U.S.
7/14/2020
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The Swatch Group Ltd
The Swatch Group Announces the impact of COVID-19 pandemic on financial results for Half-Year 2020.
After a strong January with an operating margin of 21.4% in the Watches & Jewelry segment (without Production) and 17.3% for the overall Group, massive decline due to state-ordered closings of at times up to 80% of distribution channels worldwide.
7/14/2020
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Tesla
Tesla sees spike in COVID-19 ‘exposure,’ data leak shows over 130 cases and more ‘affected’
An internal data leak shows that Tesla is seeing a spike in COVID-19 “exposure,” primarily at its Fremont factory in California.
7/14/2020
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SHI Canada
SHI Canada Extends period of Telecommuting and Announces actions to curb the spread of COVID-19 pandemic at workplace, as of 14 July, 2020.
As SHI continues to monitor the effects of the COVID-19 pandemic, we want to again emphasize that our top priority continues to be the safety and health of all employees, customers and partners as well as that of their extended families and communities. In the upcoming months, SHI will roll out the following multi-phased plan to safely bring employees back to each office location.
7/14/2020
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Delta Air Lines Inc.
Delta Air Lines Announces June Quarter Financial Results and Update on COVID-19 Response Actions.
ATLANTA, July 14, 2020 /PRNewswire/ -- Delta Air Lines (NYSE:DAL) today reported financial results for the June quarter 2020 and outlined its continued response to the COVID-19 global pandemic. Detailed June quarter 2020 results, including both GAAP and adjusted metrics, are on page four and are incorporated here.
7/14/2020
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The Boeing Company
Boeing Announces Second-Quarter Deliveries reflect the significant impacts of the COVID-19 pandemic.
CHICAGO, July 14, 2020 /PRNewswire/ -- The Boeing Company [NYSE: BA] announced today major program deliveries across its commercial and defense operations for the second quarter of 2020. "Our commercial airplane deliveries in the second quarter reflect the significant impacts of the COVID-19 pandemic on our customers and our operations that included a shutdown of our commercial airplane production for several weeks.
7/14/2020
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General Motors Company
GM looks to China in profit push
General Motors (NYSE:GM) plans to stay aggressive in China even as competition increases. The automaker has new model launches, revamped brands and a reshuffled leadership team as it looks to return profitability to pre-pandemic levels in the region.
7/14/2020
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Halma plc
Halma Reports resilient and strong financial results for F/Y 2020, despite the effects of the COVID-19 pandemic.
Halma, the global group of life-saving technology companies focused on growing a safer, cleaner and healthier future, today announces its full year results for the 12 months to 31 March 2020.
7/14/2020
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Johnson Electric.
Johnson Electric Announces that COVID-19 negatively affected First Quarter of Financial Year 2020/21.
HONG KONG, 14 July 2020 – This news release is made by Johnson Electric Holdings Limited (“Johnson Electric” or the “Company” and together with its subsidiaries, the “Group”) for the business operations and selected unaudited financial information of the Company for the quarter ended 30 June 2020.
7/14/2020
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Huawei Technologies Co. Ltd.
Huawei Reports revenue growth for 1H20 during Coronavirus outbreak challenge.
Huawei has announced it generated CNY454 billion (US$64.9 billion) in revenue during the first half of 2020, a 13.1% increase on year, with a net profit margin of 9.2%.
7/14/2020
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Shibaura Mechatronics Corp.
Shibaura Mechatronics Announces the impact of COVID-19 on financial results 2020.
In FY2019, the business environment of the Shibaura Mechatronics Group became more uncertain due to the effects of US-China trade friction and the global spread of COVID-19.
7/14/2020
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Kitron
Kitron Reports strong growth and record profit for the second quarter during the pandemic.
Kitron's revenue for the second quarter was NOK 1,041 million (EUR 97.06 million), an increase of 21% compared to last year. Growth adjusted for currency effects was 11%
7/14/2020
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Wipro Limited
Wipro Reports strong financial results for the quarter ended June 30, 2020 and Provides COVID-19 Update.
NAPLES, Fla.--(BUSINESS WIRE)--Jul. 14, 2020-- Global eCommerce sales rose 28 percent in June 2020 compared to June 2019, making it the largest year-over-year (YoY) increase in sales since COVID-19 restrictions were put in place in March.
7/14/2020
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Citigroup Inc.
Citigroup Reports strong financial results for Q2, 2020, despite the impact of COVID-19.
New York – Citigroup Inc. today reported net income for the second quarter 2020 of $1.3 billion, or $0.50 per diluted share, on revenues of $19.8 billion. This compared to net income of $4.8 billion, or $1.95 per diluted share, on revenues of $18.8 billion for the second quarter 2019.
7/14/2020
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Nippon Yusen KK
NYK Provides update on measures taken to avoid the spread of COVID-19 pandemic.
NYK has implemented a revised work plan effective from today.
7/14/2020
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VMware, Inc.
VMware Releases Cybersecurity Threat Survey Report Detailing Increased Attack Volume and Breach Levels in the United States
PALO ALTO, Calif.--(BUSINESS WIRE)--VMware, Inc. (NYSE: VMW), a leading innovator in enterprise software, today released the results of its first U.S.-focused cybersecurity threat report, entitled: “Extended Enterprise Under Threat,” based on a survey of 250 U.S. CIOs, CTOs and CISOs.
7/14/2020
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Xylem Inc.
Xylem Remains fully operational amid COVID-19 outbreak and Provides updates on second quarter results.
RYE BROOK, N.Y.--(BUSINESS WIRE)-- Global water technology company, Xylem Inc. (NYSE:XYL), today announced that for the quarter ended June 30, 2020, it expects revenue declines of approximately -14 percent on a reported basis, and -12 percent organically, versus previous guidance of -20 to -30 percent.
7/14/2020
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Fastenal Company
Fastenal Provides COVID-19 Business update and Announces that Q2 Income Climbs.
WINONA, Minn.--(BUSINESS WIRE)-- Fastenal Company (Nasdaq:FAST), a leader in the wholesale distribution of industrial and construction supplies, today announced its financial results for the quarter ended June 30, 2020. Except for share and per share information, or as otherwise noted below, dollar amounts are stated in millions. Share and per share information in this release, and in the financial statements attached to this release, has been adjusted to reflect the two-for-one stock split effective at the close of business on May 22, 2019. Throughout this document, percentage and dollar calculations, which are based on non-rounded dollar values, may not be able to be recalculated using the dollar values included in this document due to the rounding of those dollar values.
7/14/2020
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Tesla
Tesla taps brake on massive stock rally
(Reuters) - Shares of Tesla ended down 3.1% on Monday, tapping the brakes on a rally that has boosted the electric car maker’s stock by over 40% in two weeks.
7/13/2020
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NOTE Norrtelje AB
Despite the current pandemic, NOTE Norrtelje Reports strong financial results for the first half year January-June 2020.
“NOTE continues to develop strongly. During the first half of the year, sales increased organically by 16% to SEK 975 million. It is very gratifying that we continue to grow our business, despite a weaker market situation as a result of the current pandemic. The main reason for this is that we won new projects with our existing customers and had a strong influx of new customers. During Q2, we have won our two largest deals ever, where series production will start already during Q3.
7/13/2020
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Microsoft Corporation
Amazon Rally Pushes Market Value $30 Billion Beyond Microsoft
Amazon.com Inc. shares rallied on Monday, and the advance lifted the company’s market capitalization above Microsoft Corp. for the first time in more than a year.
7/13/2020
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Apple Inc.
Apple Pessimistic on Full 2020 Return to U.S. Offices, Pushes Retail to Work Remote
Apple Inc. is readjusting operations as -19 cases continue to spike in the U.S. and some other parts of the world.
7/13/2020
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Yelp Inc.
Yelp Expects to see a continued fluctuation in business openings and closures during the course of the pandemic.
As local economies begin their recovery, we remain cautious but optimistic in the face of continued uncertainty. Some states that opened early have unfortunately seen spikes of COVID-19 cases leading them to pause or reverse their phased reopening. We expect to see a continued fluctuation in business openings and closures during the course of the pandemic as communities respond to local outbreaks. While the pacing and duration of the recovery are still unknown, the executive team and board feel confident in our ability to withstand the challenges and embrace the opportunities that lie ahead.
7/13/2020
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Jinlong Machinery & Electronics Co. Ltd.
Jinlong Machinery & Electronics Announces that all China Factories are open, and lead times are back to normal, as of July 13, 20020.
China Factories are OPEN, and lead times are back to normal. We could be closed again if a virus outbreak occurs with line workers. We now stock many popular SMD Reflow motors and Coin motors. If we have no stock, typical lead times as follows:All coin type motor LT : ~ 5 weeksCylinder type, depending upon part # LT~ 5 to 8 weeksAny connectorization will most likely extend the lead times.Hong Kong Logistics Hub:Our HK Logistics Hub is OPEN and shipping out orders to ClientsNew York Office: Office Open with staggered hours.
7/13/2020
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Hexagon AB
Hexagon Publishes its preliminary results for the second quarter 2020 regarding to the scope of COVID-19 outbreak.
Due to higher earnings than market expectations for the second quarter of 2020, Hexagon is today publishing its preliminary results. Adjusted operating profit (EBIT1) for the second quarter 2020 amounted to 226 MEUR (239) corresponding to an EBIT1 margin of 25.3 per cent (24.5). Net sales amounted to 897 MEUR (976) and organic sales declined by -10 per cent compared to the same period last year. Regarding the reporting segments within Hexagon, Industrial Enterprise Solutions recorded -10 per cent organic growth and Geospatial Enterprise Solutions recorded -9 per cent organic growth. Continued growth in software and services combined with a recovery in China and temporary short-term cost saving measures contributed to the resilience of the earnings development despite the disruptions caused by the Covid-19 pandemic.
7/13/2020
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General Motors Company
GM Cutting Third Shift At Missouri Plant After Workers Fail To Show Up Due To COVID Fears
GM is on the verge of cutting its third shift at its mid-size truck assembly plant in Wentzville, Missouri after coronavirus fears have caused employees to stay home.
7/13/2020
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The Walt Disney Company
Hong Kong Disneyland re-closing as virus cases rise
Hong Kong Disneyland (DIS +0.4%) is re-closing the park amid a resurgence of COVID-19 cases.
7/13/2020
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Tata Motors Limited
Jaguar Land Rover hit by huge delay at Castle Bromwich plant in wake of coronavirus
Jaguar Land Rover is poised to announce a delay of the launch of a brand-new electric model at one of its flagship plants.
7/13/2020
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Mitsui & Co., Ltd.
Mitsui & Co Announces that two employees at Tokyo Head Office have tested positive for COVID-19.
Mitsui & Co., Ltd. (Head Office: Chiyoda-ku, Tokyo, President and CEO: Tatsuo Yasunaga, herein after "Mitsui") has confirmed that two employees (herein after "Employee A", "Employee B") stationed in Tokyo Head Office have tested positive for COVID-19.
7/13/2020
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Analog Devices, Inc.
Analog Devices Raises Third Quarter Fiscal 2020 Guidance, despite the impact of COVID-19 pandemic.
NORWOOD, Mass.--(BUSINESS WIRE)--Jul. 13, 2020-- Analog Devices, Inc. (Nasdaq: ADI), a leading global high-performance analog technology company, today provided updated financial guidance for the third quarter of fiscal 2020.
7/13/2020
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Murata Manufacturing Co., Ltd.
Murata Announces update regarding operational status at its facility in Yokaichi, Japan, due to the infection of one employee with COVID-19.
On July 8, Murata Manufacturing Co., Ltd. (hereinafter, "Murata") confirmed that an employee of one of our partner companies working at Murata Manufacturing Company, Ltd.’s Yokaichi Plant (hereinafter, "the site"), had tested positive for COVID-19.
7/13/2020
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Futaba Corporation
Futaba Provides update on the outbreak of new coronavirus infected employee.
Regarding the new coronavirus infection among our employees, which was announced in “Outbreaks of new coronavirus infections” dated July 8, 2020, we would like to inform you of the situation after that.
7/13/2020
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Avaya Holdings Corp.
Government of Mexico City Implements Avaya Contact Center Solutions for Contact Tracing, Conducting 2,700 Tests Daily Across 117 Health Centers
SANTA CLARA, Calif. & MEXICO CITY--(BUSINESS WIRE)--The Government of Mexico City and its Digital Agency for Public Innovation have implemented a Detection, Protection and Safeguard program to address COVID-19, featuring contact tracing solutions from Avaya (NYSE:AVYA) to help enable the city and its citizens to emerge from the pandemic. The program is implemented in conjunction with Locatel, the government contact center committed to informing and guiding the citizens of Mexico City and the Metropolitan Area with timely and reliable service, 24 hours a day, 365 days a year.
7/13/2020
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Triad RF Systems
Triad Achieves Record 1st Half Results, despite the spread of COVID-19 pandemic.
Triad is proud to announce aggressive revenue growth and a record-setting performance for the1st half of the year.
7/13/2020
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Amazon.com, Inc.
Amazon cuts charges for shipping to Israel
Amazon is yet to restore the pre-coronavirus situation, when Israelis could receive free shipping for purchases over $49.US online retail giant Amazon has resumed shipping products to Israel at more accessible shipping prices for smaller items.
7/12/2020
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Toyota Motor Corporation
4 Toyota employees at Karnataka plant test COVID-19 positive.
Toyota Kirloskar Motor (TKM) on Saturday confirmed that four employees at its manufacturing facility Bidadi, Karnataka have tested positive for coronavirus. Just so you know, the company has previously earlier found 14 COVID-19 cases at its facility. With the latest four cases being infected, the number has now gone up to 18, of course.
7/12/2020
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General Motors Company
Layoffs at General Motors Wentzville plant affects 1,200
WENTZVILLE, Mo. – More than 1,000 workers are facing layoffs at the GM’s Wentzville assembly plant.
7/12/2020
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HUBER+SUHNER
HUBER+SUHNER Provides Business Update and Expects Solid Half-Year Result Despite Corona Pandemic.
As already communicated, various HUBER+SUHNER sites in key sales regions around the world were affected by the measures to prevent the spread of Covid-19. Production at the Swiss sites was maintained throughout. At present, almost all plants worldwide are operating again without any major restrictions. Capacity bottlenecks were bridged by means of temporary relocations within the global production network, thus maintaining a high level of delivery capability to customers even under difficult conditions.
7/10/2020
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Delta Air Lines Inc.
Delta CEO discusses current state of the airline amid the spread of COVID-19 pandemic.
As Delta continues to transform travel industry standards for cleanliness and safety amid the global pandemic, Delta CEO Ed Bastian joined CNN’s Poppy Harlow to discuss the current state of the airline – detailing the measures being taken to protect employees and customers, including middle seat blocking, securing seat capacities, mandated mask wearing and more.
7/10/2020
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Denso Corp.
1 DENSO employee died and 17 others contracted COVID-19 in Michigan.
DENSO confirmed that one employee has died after contracting COVID-19, and 17 others have tested positive for the virus.
7/10/2020
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Misonix, Inc.
Misonix Reports Preliminary Fiscal 2020 Fourth Quarter Revenue and Provides COVID-19 Business Update.
FARMINGDALE, N.Y., July 10, 2020 (GLOBE NEWSWIRE) -- Misonix, Inc. (Nasdaq: MSON) (“Misonix,” the “Company,” “we,” “us” or “our”), a provider of minimally invasive therapeutic ultrasonic medical devices and regenerative products that enhance clinical outcomes, today announced preliminary unaudited fiscal 2020 fourth quarter revenue for the three months ended June 30, 2020.
7/10/2020
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Hongkong Post
Hongkong Post to resume Postal services to certain destinations amid the spread of COVID-19 outbreak.
Hongkong Post today (July 10) announced that postal services to the destinations listed below will resume from tomorrow (July 11) as airlines are gradually scaling up their air traffic capacity and some postal administrations have resumed the acceptance of overseas mail. Notwithstanding this, postal operations of these destinations are still under the influence of the pandemic, and delays in mail delivery are expected.
7/10/2020
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ChipMOS TECHNOLOGIES INC.
Despites the spread of COVID-19 outbreak, ChipMOS Reports Q2 revenue slightly above consensus.
HSINCHU, July 10, 2020 /PRNewswire-FirstCall/ -- ChipMOS TECHNOLOGIES INC. ("ChipMOS" or the "Company") (Taiwan Stock Exchange: 8150 and NASDAQ: IMOS), an industry leading provider of outsourced semiconductor assembly and test services ("OSAT"), today reported its unaudited consolidated revenue for the month of June 2020 and for the second quarter ended June 30, 2020.
7/10/2020
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Cyient, Inc.
Cyients' Chairman Provides update on Business Continuity Status amid the spread of COVID-19 pandemic.
In the last annual report (FY2019), I dealt at length on the topic of “Differentiating with Digital Transformation.” This remains our core focus and is progressing well. At the same time, the whole world has been caught unaware by the outbreak of the COVID-19 pandemic. In the absence of a cure and a vaccine, country after country went into lockdown mode to contain the spread of the virus and save lives.
7/10/2020
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ROHM Co., Ltd.
A ROHM Group Several Employees Tests Positive for the Novel Coronavirus (COVID-19).
It has been confirmed that several employees of ROHM Electronics Philippines, Inc.(Carmona, Cavite, Philippines)have been tested COVID-19 positive.
7/10/2020
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Asystec Limited
Asystec Provides Business Update regarding the spread of COVID-19 outbreak.
It seems like we have been in lockdown for years now, but it was only on the 12th of March that the Irish government announced the restrictions to our schools, colleges and social gatherings. This was followed, on the 24th of March, with restrictions placed on workplaces. We have all witnessed the devastation Covid-19 has caused to families and loved ones along with the mental health challenges it has placed on everyone trying to deal with a global pandemic. Unfortunately, we are still in this and we all will have to continuously adapt.
7/10/2020
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BASF SE
BASF SE Releases the impact of COVID-19 outbreak on preliminary results during the second quarter of 2020.
Ludwigshafen – July 10, 2020 –BASF has released preliminary figures on business development in the second quarter of 2020. Sales declined by 12.4 percent in the second quarter of 2020 to €12,680 million (Q2 2019: €14,478 million). EBIT before special items, which reflects the development of the BASF Group’s operating business in the second quarter of 2020, amounted to an expected €226 million, above market expectations and in the range indicated by BASF, but considerably below the figure for the prior-year quarter (Q2 2019: €995 million).
7/10/2020
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McCarthy Building Companies
McCarthy's Response to the Coronavirus Pandemic.
National, state and local agencies have deemed the vast majority of work in the construction industry as ‘essential’ to our country’s infrastructure and economy. Grocery stores, pharmacies, water treatment plants, healthcare facilities and other critical businesses are also in this category.
7/10/2020
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VOXX International Corporation
VOXX International Announces the impact of COVID-19 pandemic on First Quarter of Fiscal Year 2021.
ORLANDO, Fla., July 10, 2020 /PRNewswire/ -- VOXX International Corporation (NASDAQ: VOXX), a leading manufacturer and distributor of automotive and consumer technologies for the global markets, today announced financial results for its Fiscal 2021 first quarter ended May 31, 2020.
7/10/2020
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Taiwan Semiconductor Manufacturing Co., Ltd.
TSMC Sales Shine After Virus Drives Demand for Datacenter Chips
Taiwan Semiconductor Manufacturing Co. posted monthly revenue that suggested June-quarter sales surpassed analysts’ estimates, underscoring how its technological lead is helping the chipmaker weather the pandemic and U.S. curbs on No. 2 customer Huawei Technologies Co.
7/10/2020
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Trig Avionics
Trig Avionics Provides Business Update regarding Operational and Delivery Status amid COVID-19 as of July 10, 2020.
The sale and dispatch of Trig products is continuing. Product lead times may currently be longer than our standard 10-15 day lead time, due to coronavirus conditions affecting supply chains. Please plan your order requirements in good time. If there are any specific product issues you will be made aware of these when you place your order. Our Part 145 repair stations are open, so any necessary support work can still be carried out on your Trig products.
7/10/2020
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A10 Networks, Inc.
A10 Networks expects 2Q20 earnings better than consensus
A10 Networks (ATEN) expects 2Q20 revenue to range within $51.7-$52.2M vs. consensus of $53.09M.
7/9/2020
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General Electric Company
GE to cut more jobs at South Wales plant
General Electric (GE -3.4%) will cut 369 jobs at its aircraft engine maintenance plant in south Wales, U.K., citing the "unprecedented impact of COVID-19."
7/9/2020
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Microchip Technology Incorporated
Microchip, peers gain on unexpected demand surge
In a letter to customers and channel partners, Microchip (NASDAQ:MCHP) management apologizes for later than desired delivery dates due to a sudden surge in demand with little to no lead time.
7/9/2020
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Tata Consultancy Services Ltd.
TCS Q1FY21 review, IT giant to recover from coronavirus only in FY22.
MUMBAI, July 9, 2020: Tata Consultancy Services (BSE: 532540, NSE: TCS), the leading global IT services, consulting and business solutions organization, reported its consolidated financial results according to Ind AS and IFRS, for the quarter ending June 30, 2020.
7/9/2020
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A10 Networks, Inc.
A10 Networks Provides Business Update Regarding Covid-19 and Second Quarter 2020 Expected Results.
SAN JOSE, Calif.--(BUSINESS WIRE)-- A10 Networks (NYSE: ATEN), a leading provider of intelligent, automated and secure networking solutions, today provided expected results for the second quarter ended June 30, 2020 and announced plans for reporting its quarterly results. Management is providing this business update and expected results due to the unique nature of the current business environment caused by the COVID 19 pandemic and because management had not previously provided guidance for its second quarter 2020 financial performance.
7/9/2020
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Rolls-Royce Holdings plc
Rolls-Royce takes £2B loan amid long-lasting COVID-19 impacts.
The "historic shock" of COVID-19 could impact the company for the next seven years, Rolls-Royce (OTCPK:RYCEY) CEO Warren East warned on Thursday.
7/9/2020
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Alibaba Group Holding Ltd.
Alibaba's Chairman and CEO Provides Letter to Shareholders regarding the spread of COVID-19 pandemic.
This is my first letter to you as the Chairman of Alibaba Group. More than half of 2020 will have passed by the time you read this and all that has happened over the last six months has been an unprecedented test on all of us. We can already see the profound impact on the future of our economy and society.
7/9/2020
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VAT Inc.
Despite the impact of COVID-19 outbreak, VAT Beats Top Line Guidance for Q2 2020.
VAT, the global leader in high-vacuum technology for the semiconductor, digital display and other high-precision industries, reported that net sales for the second quarter of 2020 were higher than previously forecast in midApril.
7/9/2020
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BAE Systems plc
BAE Systems to See Layoffs Due to COVID-19
BAE systems is expecting to see layoff due to COVID-19, . Across the U.S., BAE systems is looking to reduce their workforce by about 2 percent.
7/8/2020
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dbSpectra
dbSpectra Remains fully operational amid the spread of COVID-19 outbreak.
COVID-19 is still affecting all of us, and as its impacts continues to evolve, we wanted to keep our staff and customers informed.
7/8/2020
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Dynatronics Corporation
COVID-19 drives Dynatronics sales lowers.
EAGAN, MINNESOTA / ACCESSWIRE / July 8, 2020 / Dynatronics Corporation (NASDAQ:DYNT), a leading manufacturer of athletic training, physical therapy, and rehabilitation products, today announced preliminary unaudited net sales for the fiscal fourth quarter ended June 30, 2020 and the fiscal year ended June 30, 2020.
7/8/2020
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First Derivatives plc
First Derivatives revenue Rises despite Covid-19 impact.
FD (AIM: FDP.L, Euronext Growth: FDP.I) issues the following statement ahead of its Annual General Meeting which will take place at 2.30pm today. The statement provides an update on the Group’s progress in the current financial year for the four months ending 30 June 2020.
7/8/2020
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Futaba Corporation
Futaba Announces that one employee at its Chosei Factory tested positive for new Coronavirus pandemic.
Futaba Denshi Kogyo Co., Ltd. (hereinafter referred to as "our company") has announced that one of our employees has been infected with the new coronavirus.
7/8/2020
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LifeLoc Technologies, Inc.
LifeLoc Technologies Announces the negatively impact of COVID-19 pandemic on the three months ended March 31, 2020.
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
7/8/2020
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Alcoa Inc.
Alcoa Corporation Releases Preliminary Second Quarter 2020 Results and Provides COVID-19 Business Update.
PITTSBURGH--(BUSINESS WIRE)--Alcoa Corporation (NYSE: AA) today released preliminary second quarter 2020 results that show the Company’s cash balance rising to more than $950 million with improved productivity and continued stability in operations during the coronavirus pandemic.
7/8/2020
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EXFO Inc.
Despite COVID-19 outbreak, Exfo Beats Q3 Earnings and Revenue Estimates.
QUEBEC CITY, CANADA, July 8, 2020 — EXFO Inc. (NASDAQ: EXFO; TSX: EXF), the communications industry's test, monitoring and analytics experts, reported today financial results for the third quarter ended May 31, 2020.
7/8/2020
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Midas Displays
Midas Displays Provides update regarding Business Continuity Status amid the spread of COVID-19 pandemic, as of July 8, 2020.
Since the 1st of July, Midas employees have begun a phased return to the office after over 3 months of working from home, or being placed on furlough leave. Midas are deemed an essential business, providing displays to industries such as medical and food processing, so whilst the business had members of staff away from the office, some remained to ensure a continuity of supply. It has been wonderful to see colleagues happily interacting in the office once again, and this is an opportunity to share some key events that impacted Midas, along with some of the experiences from certain members of the team during such a strange, challenging period.
7/8/2020
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GlobalWafers Co., Ltd.
GlobalWafers Sees revenue rebound above NT$5 billion in June, despite the spread of COVID-19 pandemic.
Sino-American Silicon Products (SAS) released June results today that the consolidated revenue totaled NT$5.51 billion with +17.72% MoM and -4.16% YoY, which included solar revenue of NT$451 million with +28.68% MoM and -28.14% YoY. SAS Q220 consolidated revenue totaled NT$15.04 billion, -1.57% QoQ and -9.72% YoY. Solar revenue in Q120 reached NT$1.34 billion, -24.10% QoQ and -31.83% YoY. As for 2020 first half, SAS cumulative consolidated revenue was NT$30.32 billion, -11.26% YoY.
7/8/2020
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Taxback Group
Terry Clune, Founder and CEO of Taxback Announces that there's no direct impact of COVID-19 pandemic on Groups' Business.
The last few months haven’t been easy by any means. We have been, and continue to be, faced with unprecedented and ever-changing challenges due to Covid-19. At Taxback Group, we’re extremely lucky to have amazing leaders and a workforce that has continued to collaborate, innovate and deliver, while adapting to the new situation very quickly. But what’s the secret behind our success?
7/8/2020
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SAP SE
SAP Pre-Announces Strong Second Quarter Results Amid COVID-19 Crisis.
WALLDORF, Germany — After an initial review of its second quarter 2020 performance, SAP SE (NYSE: SAP) today announced its preliminary financial results for the second quarter ended June 30, 2020.
7/8/2020
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Chase Corporation
Chase Announces a decline in sales during Q3, 2020 Financial Results and Expands actions taken regarding to COVID-19.
Westwood, MA – July 8, 2020 –Chase Corporation (NYSE American: CCF), a global specialty chemicals company that is a leading manufacturer of protective materials for high-reliability applications across diverse market sectors, today announced financial results for the quarter ended May 31, 2020, the third quarter of its fiscal 2020.
7/8/2020
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Fiat Chrysler Automobiles N.V.
Fiat Chrysler restarts production at Serbia's plant: report
BELGRADE (Reuters) - Fiat Chrysler (FCA) (FCHA.MI) restarted production at its Serbian plant, after halting it in mid-March in response to the coronavirus outbreak, Serbia’s state-run Tanjug news agency reported on Tuesday.
7/7/2020
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Deutsche Post AG
Deutsche Post Provides 2020 Outlook After 2Q Earnings Improve despite Covid-19.
Bonn - Deutsche Post DHL Group significantly increased earnings in Q2 2020 despite Covid-19. Operating profit (EBIT) improved by around 16% to around EUR 890 million. Adjusted for one-off effects in the previous year and in the current year, operating profit came in around 25% above the prior-year figure.
7/7/2020
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MaxLinear, Inc.
Despite the impact of COVID-19 outbreak, MaxLinear Raises Second Quarter 2020 Financial Guidance Based on Broadband Strength and Analog Product Recovery.
CARLSBAD, Calif.--(BUSINESS WIRE)-- MaxLinear, Inc. (NYSE:MXL), a leading provider of radio frequency (RF), analog and mixed-signal integrated circuits for the connected home, wired and wireless infrastructure, and industrial and multimarket applications, today announced a revised preliminary revenue estimate range for the second quarter 2020.
7/7/2020
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Foxconn Interconnect Technology Limited
Foxconn Interconnect Technology Sees HY Unaudited Net Profit To Decline
July 7 (Reuters) - Foxconn Interconnect Technology Ltd :UNAUDITED NET PROFIT ANTICIPATED TO DECLINE TO ABOUT US$20 MILLION FROM US$101 MILLION FOR SIX MONTHSEXPECTED RESULT DUE TO COVID-19 OUTBREAK AND RESTRICTIVE MEASURES AFFECTING CONSUMER DEMAND
7/7/2020
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Microsoft Corporation
Microsoft sues over trademark to stop COVID-19 hacking campaign
Microsoft said Tuesday that it's taken legal action to stop a widespread COVID-19-related hacking campaign. The lawsuit, unsealed in the US District Court for the Eastern District of Virginia, allowed the tech giant to take control of domains that hackers were using to trick their victims.
7/7/2020
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SMART Global Holdings, Inc.
SMART Global Tops Q3 Estimates, despite the economic challenges time during COVID-19 pandemic.
NEWARK, Calif., July 07, 2020 (GLOBE NEWSWIRE) -- SMART Global Holdings, Inc. (“SMART” or the “Company”) (NASDAQ: SGH), today reported financial results for the third quarter of fiscal 2020 ended May 29, 2020.
7/7/2020
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Sodexo Inc.
Sodexo Q3 Fiscal 2020 Revenue impacted by COVID-19.
On-site Services organic revenue growth was -30.1% reflecting the significant impact of the COVID-19 pandemic as it spread across the world on the Group’s business with many sites closed or only partially open:
7/7/2020
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Electrocomponents PLC
Electrocomponents Announces Trading Update and Provides COVID-19 Business Update.
Our business model has proven resilient during the COVID-19 crisis. All our distribution centres remain operational and, through our digital capabilities, we have been able to continue to deliver a reliable service to customers and suppliers
7/7/2020
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Computer Services Inc.
Computer Services Reports growth in revenues and net income for the first quarter of fiscal 2021 and Provides COVID-19 pandemic.
PADUCAH, Ky. (July 7, 2020) – Computer Services, Inc. (CSI) (OTCQX: CSVI) today reported growth in revenues and net income for the first quarter of fiscal 2021, which ended May 31, 2020.
7/7/2020
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Isahaya Electronics Corporation
Isahaya Electronics Provides update on Production Status at its Chinese and the Philippine factory, as of 7 July, 2020.
Regarding the operation of our overseas production bases due to the outbreak of new coronavirus infection, we will inform you of the situation as of Wednesday
7/7/2020
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Samsung Electronics Co. Ltd.
Samsung Electronics profits rise as coronavirus spurs chip demand
SEOUL -- Samsung Electronics managed to weather the coronavirus pandemic in the second quarter thanks to rising demand for server chips as countries around the world adopt social distancing and remote working measures.
7/7/2020
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Samsung Electronics Co. Ltd.
Samsung Electronics delivers forecast-beating Q2 earnings amid pandemic
SEOUL, July 7 (Yonhap) -- Samsung Electronics Co. on Tuesday delivered market forecast-beating second-quarter earnings as strong demand for server chips apparently offset a slump in smartphone sales amid the novel coronavirus pandemic.
7/7/2020
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LG Electronics Inc.
LG profit down 24% in Q2
The South Korean company's home appliance and TV businesses have been negatively impacted by the COVID-19 pandemic.The South Korean electronics maker previous warned at its conference call for the first quarter that it expected earnings to drop across the board in the second quarter due to the COVID-19 pandemic.
7/7/2020
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TOTAL S.A.
Total eyes restart of South Africa offshore drilling
Total (TOT -1.4%) and its project partners say they plan to resume drilling at Block 11B/12B offshore South Africa in September, after the coronavirus delayed the exploration program by several months.
7/7/2020
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Bayerische Motoren Werke AG
BMW Group increases sales of electrified vehicles in first half-year, despite COVID-19.
Total sales affected by the impact of the worldwide pandemic Initial signs of recovery in individual markets at the end of Q2 962,575 vehicles delivered (-23.0%) in year to date BMW Group sold 218,876 automobiles in June (-9.0%) Pieter Nota: "China sales in second quarter above previous year
7/7/2020
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Meca Electronics Inc
Meca Electronics Provides update regarding Operational Status amid the spread of COVID-19 pandemic, as of July 7, 2020.
We continue to operate within nominal operational limits of services within the company, this includes supply chain, product build capacity and delivery of our products. However, we have experienced some material delays from our supply chain and have taken measures to notify affected customers when needed.
7/7/2020
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Intercontinental Exchange Inc.
Intercontinental Exchange Reports strong trading volume during June and second quarter, despite COVID-19 outbreak.
ATLANTA & NEW YORK--(BUSINESS WIRE)-- Intercontinental Exchange, Inc. (NYSE:ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, today reported June and second quarter 2020 trading volume and related revenue statistics, which can be viewed on the company’s investor relations website at https://ir.theice.com/ir-resources/supplemental-information in the Monthly Statistics Tracking spreadsheet.
7/6/2020
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Barnes Group Inc.
Barnes Group Announces Restructuring Actions regarding COVID-19 pandemic.
BRISTOL, Conn.--(BUSINESS WIRE)-- Barnes Group Inc. (NYSE: B), a global provider of highly engineered products, differentiated industrial technologies, and innovative solutions, today announced that given the unprecedented macroeconomic disruption brought on by the global COVID-19 pandemic, it will take a second quarter 2020 restructuring charge, primarily severance related, of approximately $18 million. This charge is anticipated to have a negligible cash impact in the second quarter, an approximate $10 million cash impact in the second half of 2020, and the remaining cash impact in 2021.
7/6/2020
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DISCO Corporation
DISCO Announces the impact of COVID-19 pandemic on First Quarter of Fiscal Year 2020.
DISCO Corporation today released a preliminary report of the non-consolidated sales figures and shipment figures for the First quarter (1Q) of fiscal year 2020.
7/6/2020
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Nagase Co. Ltd.
Nagase Announces the negatively impact of Coronavirus outbreak on FYE March 2020.
Factors including trade friction between the United States and China caused a slowdown in growth in China and other parts of the world economy. Meanwhile, the COVID-19 pandemic caused the world economy to deteriorate quickly in the fourth quarter. In addition, the declining market for resins and other products led to weak performance for the year as a whole.
7/6/2020
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Fujitsu Limited
Fujitsu Embarks towards New Normal, Redefining Working Styles for its Japan Offices amid the spread of COVID-19 pandemic.
Fujitsu today announced that it will further accelerate its shift to becoming a Digital Transformation (DX) company with an ambitious campaign to redefine working styles for its employees in Japan in the wake of the COVID-19 pandemic. As part of this "Work Life Shift" campaign, Fujitsu will introduce a new way of working that promises a more empowering, productive, and creative experience for employees that will boost innovation and deliver new value to its customers and society through the power of DX.
7/6/2020
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Fujitsu Limited
Fujitsu to shut down half of its offices in Japan by FY22
In the wake of the coronavirus pandemic, Fujitsu has announced it will reduce its office space in Japan by 50% and switch completely to a hot desk system by the end of the fiscal year 2022.
7/6/2020
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Infosys Limited
Infosys brings back stranded employees, family from US
InfosysNSE 3.95 % has brought back a little more than 200 people -- employees and their families --, some of them whose visas were expired and stranded in the United States in the wake of the Covid-19 pandemic and resultant lockdown.
7/6/2020
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MTU Aero Engines GmbH
Due to the impact of the coronavirus pandemic, MTU Aero Engines plans to adjust personnel capacity by 10 to 15 percent by the end of 2021.
Munich, July 6, 2020 – Due to the impact of the coronavirus pandemic on international aviation, MTU Aero Engines AG plans to adjust its personnel capacities. By the end of 2021, the company aims to reduce capacity at its German and international locations by a total of around 10 to 15 percent.
7/6/2020
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Criteo S.A.
Criteo S.A. Criteo Provides an Update to its Financial Guidance for the Second Quarter 2020 regarding to the influence of COVID-19 pandemic.
NEW YORK, July 6, 2020 /PRNewswire/ -- Criteo S.A. (NASDAQ: CRTO), the global technology company powering the world's marketers with trusted and impactful advertising, today provides an update to its financial outlook for the second quarter 2020.
7/6/2020
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Movado Group Inc.
Movado Group committed to a restructuring plan as part of the Company’s efforts to reduce operating expenses, due to the coronavirus.
On June 29, 2020, Movado Group, Inc. (the “Company”) committed to a restructuring plan (the “Restructuring Plan”) as part of the Company’s efforts to reduce operating expenses and adjust cash flows in light of the ongoing economic challenges resulting from the COVID-19 pandemic and its impact on the Company’s business. The Company estimates that it will incur total charges of approximately $9.0 million to $12.0 million under the Restructuring Plan, which is in addition to the previously-disclosed corporate initiative costs of $7.2 million recorded in the first quarter of fiscal 2021. Approximately $8.5 million to $11.0 million of the charges under the Restructuring Plan relate to employee severance and benefits costs and stock-based compensation charges for separated individuals, and approximately $0.5 million to $1.0 million represent costs to consolidate facilities. The Restructuring Plan is expected to be substantially completed during the second quarter of the Company’s current fiscal year, although cash severance will be paid over time and such payments are expected to continue into the next fiscal year. Of the total charges expected to be incurred, approximately $8.5 million to $11.5 million are expected to result in cash expenditures.
7/6/2020
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Carpenter Technology Corporation
Carpenter Technology Provides Updated Outlook and Announces COVID-19 Business Update.
PHILADELPHIA, July 06, 2020 (GLOBE NEWSWIRE) -- Carpenter Technology Corporation (NYSE: CRS) (the “Company”) today provided a preliminary outlook for fiscal year 2021 and preliminary results, subject to finalization and audit, for the fourth quarter of fiscal year 2020.
7/6/2020
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Samsung Electronics Co. Ltd.
Samsung's second-quarter chip sales unlikely made up for smartphone weakness
SEOUL (Reuters) - At Samsung Electronics Co Ltd (005930.KS), demand for its chips from data centres bulking up to meet a surge in work-from-home traffic was not likely enough to offset muted sales of its smartphones in the second quarter, analysts said.
7/6/2020
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Hyundai Motor Company
Hyundai to extend suspension of S. Korean plant in late July due to the new coronavirus outbreak.
SEOUL, July 6 (Yonhap) -- Hyundai Motor Co. said Monday it will extend the suspension of a major domestic plant for three days later this month to control inventories amid the new coronavirus outbreak.
7/6/2020
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Foxconn Electronics Inc.
Quality and value are positive signs for Foxconn Technology Co
Shares in Foxconn Technology Co (TPE:2354) are currently trading at 57.8 but a key question for investors is how the economic uncertainty caused by Covid-19 will affect the price.
7/6/2020
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Nomura Co Ltd
Nomuras Announces that one of its employee at the head office building tested positive for new pandemic Coronavirus.
The development of Patria’s Heavy Unmanned Ground Vehicles has reached a level where the Patria AMV 8x8 vehicle can be operated remotely beyond visual line of sight utilizing 5G and 4G networks. This enables vehicles operation even from longer distances with higher reliability. The demonstration of remote-controlled Patria AMV 8x8 vehicle under 5G network was made in cooperation with the University of Tampere, and it was part of the RemoteFeel project. RemoteFeel is a research project founded by Business Finland, FIMA ry (Forum for Intelligent Machines) and the research parties. Members of the program were given the opportunity to drive a Patria AMV 8x8 vehicle remotely. The demonstration utilized Patria’s Remote Operating Desk (ROD), state-of-the-art user interface containing features, such as augmented reality and haptic feedbacks enabling more authentic remote-driving operations, and the combined stereo camera system developed by the University of Tampere.
7/6/2020
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Becton, Dickinson and Company
Becton, Dickinson launches COVID-19 rapid test in U.S.
The FDA has granted emergency use authorization for Becton, Dickinson and Company's (BDX +1.6%) rapid point-of-care test for the detection of the SARS-CoV-2 virus. The assay, performed on the BD Veritor Plus System, generates results in 15 minutes, enabling healthcare professionals to take action (if positive) while the patient is still onsite.
7/6/2020
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Liberty Carton Company
All Liberty Packaging production facilities remain operational.
The health and safety of our customers, suppliers, and employees are of paramount importance. We are taking the necessary actions to ensure we continue to meet your business needs in a timely and safe manner.
7/6/2020
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Wipro Limited
Wipro Provides update on Business Continuity Status amid the spread of COVID-19 outbreak worldwide, as of July 6, 2020.
The number of COVID positive cases continue to increase globally. Several governments have announced extension of lockdown. AT Wipro, most of our employees continue to Work From Home (WFH). Our Work from Office (WFO) operations are currently less than 5%.
7/6/2020
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SeaChange International, Inc.
SeaChange Leadership Extends Salary Reduction Plan In response to the COVID-19 pandemic.
WALTHAM, MA / ACCESSWIRE / July 6, 2020 / SeaChange International Inc. (NASDAQ:SEAC), a leading provider of video delivery platforms, announced today that CEO Yossi Aloni, CTO Marek Kielczewski, CCO Chad Hassler and CFO Michael Prinn have elected to extend the previously disclosed salary reduction plan beyond the initial period, which had been effective from March 23, 2020 to June 30, 2020. The Board of Directors and named executive officers will evaluate the salary reduction plan on a quarterly basis.
7/6/2020
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Thermo Fisher Scientific Inc.
Thermo Fisher Scientific Provides Update to Second Quarter Outlook with aspects of COVID-19 outbreak.
WALTHAM, Mass., July 6, 2020 /PRNewswire/ -- Thermo Fisher Scientific Inc. (NYSE: TMO), the world leader in serving science, today announced that, based on currently available information, it estimates that both reported and organic revenue1 growth will be approximately 10% for the second quarter ended June 27, 2020.
7/6/2020
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General Motors Company
Texas workers urge GM plant closure as virus surges
Workers at a key General Motors assembly plant want a break for coronavirus safety, but the automaker isn't interested in shutting down.
7/6/2020
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Samsung Electronics Co. Ltd.
Samsung to remain solid financially despite virus
Fitch Ratings on Saturday expected Samsung Electronics Co.'s financial status to remain solid despite the new coronavirus outbreak and its impact on its business. Samsung Electronics' credit profile of the AA- rating and its stable business outlook will remain solid despite near-term macro challenges stemming from coronavirus-related disruptions and competition with smaller Chinese rivals, Fitch said in a statement, according to South Korean News Agency (Yonhap).
7/5/2020
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Day & Ross Freight
Day & Ross Freight Announces statement on Delivery Status amid the spread of COVID-19 pandemic.
As the COVID-19 situation continues to evolve, we are seeing some businesses closing or modifying their hours. In some cases, this is impacting our ability to deliver shipments.
7/4/2020
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Day & Ross Freight
Day & Ross Freight Remains fully operational amid the spread of COVID-19 outbreak.
As you may have heard, the Ontario government declared a State of Emergency today. We want to assure you that the transportation and movement of goods are deemed essential services, and our operations continue and facilities remain open.
7/4/2020
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Siemens AG
Siemens sees up to 20% drop in business in April-June quarter, CFO tells Boersenzeitung
FRANKFURT (Reuters) - German engineering company Siemens (SIEGn.DE) saw the volume of business contract by as much as 20% in the three months to June and activity in 2021 would stay below 2019 levels, the chief financial officer told Boersenzeitung (BoeZ).
7/4/2020
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SFS Group AG
SFS expects solid half year results despite COVID-19 pandemic.
After a solid first quarter, business is, as expected, negatively affected in the second quarter by the economic repercussions of the COVID-19 pandemic. Focus is placed on protecting employee health, maintaining business continuity and implementing extensive measures to protect profitability. Innovation-driven projects continued as before.
7/3/2020
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Samsung Electronics Co. Ltd.
Samsung resumes fridge production in S. Korea
Samsung Electronics Co. said Friday it has reopened a refrigerator production line in South Korea after closing the facility a day earlier due to virus concerns.
7/3/2020
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TDK Corporation
Battery Giant TDK Expects Virus to Boost Gadget, Auto Prospects
TDK Corp. sees a silver lining to the coronavirus pandemic in a boost to demand for its batteries and sensors in electronic gadgets and a long-term push toward greater use of tech in the auto industry.
7/3/2020
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Danfoss Group Global
Danfoss Editron sets new monthly manufacturing record at Finnish production facility
The company increased the amount of power electronic products and permanent magnet motors it produced in June by 13% and 8% respectively compared to the previous record set in February this year.
7/3/2020
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Uber Technologies Inc.
Uber plans to shift engineering jobs to India to cut costs: Report
US-based ride-hailing firm Uber is planning to cut costs by shifting engineering jobs to India, a report in The Information website has said.
7/3/2020
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Skanska AB
Skanska AB Provides Business Update and Actions taken at workplace regarding the spread of Coronavirus outbreak.
We’ve been following the development of the coronavirus pandemic globally (COVID-19), as we are sure many of you have too. If we each do our part in preventing the spread of the virus, we can help lessen the risk for everyone and keep our communities safe.
7/3/2020
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Essentra plc
Essentra plc Provides a pre-close trading update for the half year ending 30 June 2020, in light of the impact of COVID-19.
Whilst Q1 trading was largely unaffected by the pandemic, as expected the impact was more profound in Q2. Nonetheless, the performance is in-line with our expectations and trading trends are improving.
7/3/2020
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Amazon.com, Inc.
Amazon delays Prime Day until October due to coronavirus
Amazon is postponing its marquee shopping event Prime Day until at least early October.
7/2/2020
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Royal BAM Group nv
BAM Expects significant H1 loss and Provides COVID-19 Business Update.
Bunnik, the Netherlands, 2 July 2020 – The extraordinary circumstances caused by the Covid-19 crisis have a considerable impact on Royal BAM Group nv. In addition, the company’s performance in the first half year is impacted by continued losses at BAM International, the recently announced Cologne metro settlement and to a lesser extent by underperformance of the German construction and Dutch civil engineering business.
7/2/2020
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CAPSTONE COMPANIES, INC
Capstone Companies Reports First Quarter 2020 and Provides COVID-19 Update.
Capstone Companies, Inc. (OTCQB: CAPC) (“Capstone” or the “Company”), a designer, manufacturer and marketer of consumer inspired products that bridge technological innovations with today’s lifestyle reported its financial results for the first quarter 2020.
7/2/2020
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Ford Motor Company
Ford sales fall 33.3% in the second quarter due to coronavirus.
Coronavirus concerns clearly affected Q2. Ford’s overall Q2 sales were down 33.3 percent, while retail was down much less than industry at 14.3 percen
7/2/2020
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U.S. Department of Defense
U.S. Department of Defense Announces that Base Officials Closely Monitoring COVID-19 Situation.
Defense and local military officials are closely watching the COVID-19 situation and will make adjustments as needed, Defense Department officials told reporters at a Pentagon news conference.
7/2/2020
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Tesla
Tesla Threatens to Fire Workers Who Don't Return to Jobs
DETROIT (AP) — Some Tesla workers and labor activists say the company is threatening to fire employees who haven’t returned to the company’s California factory since it reopened because they're afraid of catching the coronavirus.
7/2/2020
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Telefonaktiebolaget LM Ericsson
Ericsson, Getinge partner on ventilator production
Ericsson and Getinge in Sweden have been working together to improve the design and production of medical ventilator systems to tackle Covid-19
7/2/2020
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Highway Holdings Ltd.
Highway Holdings Provides Preliminary Unaudited Results for the Fourth Quarter and COVID-19 Update.
HONG KONG – July 2, 2020-- Highway Holdings Limited (Nasdaq:HIHO) today announced it expects to report results for its fourth quarter and fiscal year ended March 31, 2020 and to file the company’s Annual Report on Form 20-F by no later than July 31, 2020. The Form 20-F filing period complies with reporting deadlines of the Securities and Exchange Commission, although it will be delayed compared with the company’s accelerated historical reporting timeline. The company also announced it currently expects that its annual meeting of shareholders, which is usually held in August or September in Los Angeles, California, will be held in early October 2020
7/2/2020
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Milwaukee Electronics
Milwaukees' Tecate Facility Adds Capabilities, Navigates COVID-19 Challenges.
Milwaukee Electronics’ facility in Tecate, Mexico is adding capabilities while continuing to navigate the challenges created by the COVID-19 pandemic.
7/2/2020
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Nippon Steel & Sumitomo Metal Corporation
Nippon Steel & Sumitomo Metal Reports Financial Results for second quarter and Provides COVID-19 Business Update.
NIPPON STEEL CORPORATION (hereinafter referred to as the “Company” or “NSC”) is a corporation domiciled in Japan. The consolidated financial statements for the year ended March 31, 2019 and 2020 are composed of the Company and its consolidated subsidiaries and equity-method affiliates (collectively hereinafter referred to as the “Group”). The principal businesses of the Group consist of Steelmaking and Steel Fabrication business, Engineering and Construction business, Chemicals & Materials business, and System Solutions business. The details are described in Note “6. Segment Information”.
7/2/2020
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Tesla
Tesla Provides Business Update regarding the spread of COVID-19 pandemic.
Recent reports that we have terminated employees due to their concerns over health practices are fundamentally untrue. The employees quoted in recent stories are still employed with Tesla and we have offered them work multiple times. All we have asked is that our employees talk to us and provide us the details of their own concern so we can do what we can to help find a solution.
7/2/2020
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DS Smith Plc
DS Smith Announces strong financial performance during FY 2019/20 and Provides COVID-19 Business Update.
So for 2019, we've had a strong financial performance, and despite the generally difficult economic conditions, we've had very strong pricing discipline that has led to that record margin. Operating profits grew by 5% and that included the impact of about £15 million from COVID. The organic cash generation was good, combined with the successful dispose of Plastics, it's meant that the net debt to EBITA has finished the year at 2.1 times ratio, but we've also improved our liquidity as well. And our ESG performance on employees or on communities and environment, again, and we've made some really, really exciting progress there that I'm very pleased with.
7/2/2020
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Tesla
Tesla Quarterly Deliveries Fell Less Than Expected Amid Covid Shutdown
Tesla Inc.’s second-quarter global deliveries fell 4.9% from a year earlier, a much smaller decline than Wall Street had forecast, underpinning Chief Executive Elon Musk’s ambitious growth plans despite the coronavirus pandemic and threat of an extended recession.
7/2/2020
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Tesla
Tesla Quarterly Deliveries Fell Less Than Expected Amid Covid Shutdown
Tesla Inc.’s second-quarter global deliveries fell 4.9% from a year earlier, a much smaller decline than Wall Street had forecast, underpinning Chief Executive Elon Musk’s ambitious growth plans despite the coronavirus pandemic and threat of an extended recession.
7/2/2020
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SITC International Holdings Co., Ltd
SITC International Provides Business Update regarding the spread of COVID-19 pandemic.
The epidemic could not stop the progress pace of SITC, after months of intensive preparations, SITC Logistics Jakarta depot went into operation today. SITC logistics Indonesia depot mainly operates container depot, warehouse, container maintenance and transportation etc. By taking the advantages of the professional team and advanced IT system , SITC will improve the comprehensive logistics services level for customers in the local market . The operation of the Jakarta depot marked the smooth landing of SITC's full supply chain development model integrating container transportation, logistics, depot, warehouse and other services. With further development of SITC business, the model will be promoted at Indonesia major ports at the right time.
7/2/2020
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Toyota Motor Corporation
Toyota Motor North America sales down 26.7% in June
Toyota (TM +2.5%) global volume is off 29% for June.
7/2/2020
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Yoshinogawa Electric Wire & Cable
Yoshinogawa Electric Provides update regarding COVID-19 pandemic, as of July 2, 2020.
Yoshinogawa Electric Cable Co., Ltd. is a company that can prevent the spread of new coronavirus (COVID-19) infectious diseases and We make various efforts with the first priority to ensuring the safety of the family. Following the cancellation of the government's declaration of emergency, we will inform you of our future actions below. We apologize for any inconvenience caused to our customers, business partners and other related parties, but we appreciate your understanding and cooperation.
7/2/2020
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Google Inc.
Google postpones U.S. office reopening to September as virus cases spike
(Reuters) - Alphabet Inc’s (GOOGL.O) Google said late on Tuesday it was delaying the reopening of its U.S. offices by around two months because of a surge in the number of coronavirus cases in some states.
7/1/2020
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Apple Inc.
Apple re-closes 30 more U.S. stores
Apple (NASDAQ:AAPL) is temporarily closing 30 more U.S. retail stores as coronavirus cases surge, bringing the total number of store re-closures up to 77.
7/1/2020
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General Motors Company
General Motors sales down 34% as coronavirus hammers industry.
DETROIT — General Motors (NYSE: GM) announced today that it delivered 492,489 vehicles in the second quarter of 2020, a decrease in total vehicle sales of about 34 percent compared to a year ago with demand outpacing supply in the latter half of the quarter. While the industry experienced significant declines due to the outbreak of COVID-19, full-size pickup truck sales performed exceptionally well, and overall sales showed signs of recovery, especially deliveries to retail customers.
7/1/2020
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EBARA Corporation
EBARA Provides update on work strategy amid the spread of COVID-19 pandemic, as of July 1, 2020.
EBARA CORPORATION (hereinafter referred to as “our company”) Considering the health and safety of our customers and other stakeholders as well as preventing the spread of infection, Please be informed that the current support status is as follows. All employees will work as one to make efforts to overcome this situation. Thank you for your understanding and cooperation. (Note: The following response is as of July 1. The response may change depending on the future situation and changes in regulations. Please note that it is possible. )
7/1/2020
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TeraXion Inc
TeraXion Returned to normal operations.
Following our last update on COVID-19 last April, our provincial government lifted the restrictions that forced us to operate with a minimum of staff to maintain only essential services.
7/1/2020
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FUJIFILM Holdings Corporation
Fujifilm to partner with Dr. Reddy's to sell Avigan as COVID-19 treatment
Japan's Fujifilm Holdings Corp announced a deal with India's Dr Reddy's Laboratories and Dubai-based Global Response Aid (GRA) to sell its anti-flu drug Avigan for COVID-19 treatment globally excluding Japan, China and Russia.
7/1/2020
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FormFactor, Inc.
FormFactor Provides Updated Revenue Estimate for Second Quarter 2020 and Provides COVID-19 Update.
LIVERMORE, Calif., July 01, 2020 (GLOBE NEWSWIRE) -- FormFactor, Inc. (Nasdaq: FORM) today provided an updated revenue range for its fiscal second quarter of 2020, ended June 27, 2020. FormFactor now expects second quarter revenue to be between $157 million and $161 million.
7/1/2020
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Nippon Telegraph and Telephone Corporation
NTT Announces the reflects of COVID-19 pandemic on its business.
London, UK – 1 July, 2020 – Today NTT Ltd., marks one year since bringing together over 40,000 employees and 31 companies, each an expert in specific areas of technology, to create a global leading provider of end-to-end technology services for businesses around the world.
7/1/2020
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Mitsubishi Gas Chemical Company, Inc.
Mitsubishi Gas Chemical Provides Notice regarding Telecommuting amid the spread of COVID-19 pandemic, as of July 1, 2020.
Mitsubishi Gas Chemical Co., Ltd. (Headquarters: Chiyoda-ku, Tokyo; President: Masashi Fujii) will continue to use "work from home" and "go out of work" to reduce the risk of new coronavirus infections and to strengthen infection prevention and mass infection prevention measures. In addition, the following will be supported from July 1st.
7/1/2020
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EBARA Corporation
EBARA Provides update on a Case of Novel Coronavirus Infection at Haneda Office, as of July 1, 2020.
On June 30, 2020, it was confirmed that one employee of EBARA Haneda Office tested positive for the Novel Coronavirus. Currently we are taking the following measures.
7/1/2020
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JTEKT Corporation
JTEKT Reports the impact of COVID-19 pandemic on Financial Results for the year ended March 31, 2020 and Provides Business Update.
Sales and profits decreased year on year due to the impact of COVID-19.
7/1/2020
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Horiba Ltd.
Horiba Announce Financial Results for Q1, 2020 and COVID-19 Business Update.
Sales are projected to decrease due to a decrease in the number of tests performed at hospitals as a result of a decrease in the number of general patients because of the spread of COVID-19.
7/1/2020
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Aichi Tokei Denki Co Ltd
Aichi Tokei Denki Provides update regarding measures taken at workplace to curb the spread of COVID-19 pandemic.
Since June 19th, the demand for refraining from self-restraint to move across prefectures has been lifted, and economic activity has been suspended. Considering the fact that it is being resumed on a hierarchical basis, the following measures will be taken from 1st July. 1. Sales and production bases Employees who work in all regions of the country will be assumed to work normally. When working, take a temperature check before going to work, secure a social distance, wear a mask, and We will continue to thoroughly implement the infection prevention measures we have implemented so far, such as washing and ventilation. I will. 2. About product supply At present, we are maintaining the usual supply system
7/1/2020
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PCB Connect AB
PCB Connect Provides update on Business Continuity amid the spread of COVID-19 outbreak, as of July 1, 2020.
The PCB Connect Group supply network across Asia remains operational, with capacity recovered and normalized. We continue to work to reduce post shut down backlogs and delays.
7/1/2020
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General Motors Company
GM, Fiat Chrysler U.S. auto sales tank in second quarter as coronavirus saps demand
U.S. vehicle sales in the second quarter for General Motors, Toyota Motor and Fiat Chrysler plunged by more than 30% as the coronavirus caused consumers to stay at home, and dealerships and factories to shutter.
7/1/2020
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Micron Technology, Inc.
Micron, Xilinx Give Bullish Revenue Forecasts; Shares Surge
(Bloomberg) -- Micron Technology Inc. and Xilinx Inc. gave strong sales forecasts, suggesting demand is recovering as parts of the global economy emerge from the pandemic lockdown. Shares of both chipmakers jumped in extended trading.
6/30/2020
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EACO Corporation
Due to the impact of COVID-19 outbreak, EACO Corporation Reports 5% decrease in net sales for Q3, 2020.
ANAHEIM, Calif.--(BUSINESS WIRE)--EACO Corporation (OTCQB:EACO) today reported the results for its quarter ended May 31, 2020.
6/30/2020
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Amazon.com, Inc.
Amazon Covid-19 Outbreak in Minnesota Was Worse Than Local County
Covid-19 cases at an Amazon.com Inc. warehouse in Minnesota last month exceeded by at least four times the infection rate of surrounding communities, according to an internal memo reviewed by Bloomberg.
6/30/2020
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FedEx Corporation
FedEx Reports Better-Than-Expected Revenue as Residential Deliveries Surge
FedEx Corp. said Christmas-like levels of online shopping boosted its business, and it is seeing tentative signs that the global economy is recovering from the coronavirus pandemic.
6/30/2020
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Japan Display Inc.
Japan Display Announces the impact of COVID-19 pandemic on Financial Results for Fiscal Year 2019 and Supply Chain Operations Status.
Forward-looking information such as earnings forecasts in this document is based on information available to the company at the time the document was prepared and management's reasonable assumptions. Such information should not be interpreted as a guarantee of future performance or results. Furthermore, forward-looking information is necessarily subject to a number of factors that may cause actual results to differ materially from those results implied by the expectations suggested by such information.
6/30/2020
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Fiat Chrysler Automobiles N.V.
Fiat Chrysler threatens to fire workers who stop production over COVID-19 concerns
Just days after workers at Fiat Chrysler workers at two Detroit area assembly plants shut down production over concerns about the spread of the deadly COVID-19 disease, anger continues to grow over unsafe conditions and the cover-up of new cases by management and the United Auto Workers union.
6/30/2020
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FedEx Corporation
FedEx Q4 Result Beats Expectations, despite challenges regarding COVID-19 pandemic.
MEMPHIS, Tenn., June 30, 2020 ... FedEx Corp. today reported the following consolidated results for the fourth quarter ended May 31 (adjusted measures exclude the items listed below for the applicable fiscal year):
6/30/2020
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Methode Electronics, Inc.
Methode Electronics down 4% despite earnings beat, suspends guidance, as a result of pandemic.
Methode Electronics (NYSE:MEI) reports Q4 results that beats top and bottom line estimates.
6/30/2020
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Microsoft Corporation
Microsoft, LinkedIn to Retrain Unemployed Workers for In-Demand Jobs
Microsoft Corp. and its LinkedIn unit will provide free job training to help unemployed workers prepare for in-demand jobs as the global pandemic pushes U.S. joblessness to levels as bad as those during the Great Depression.
6/30/2020
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Johnson Controls International Plc.
Johnson Controls Commits To Equipping Buildings With The Right Indoor Air Quality Solutions To Prevent Spread Of COVID-19 In Shared Spaces
MILWAUKEE, June 30, 2020 /PRNewswire/ -- As cities, states and countries begin to reopen, people that live and work in buildings will need assurance building owners and operators are taking every precaution to ensure health and safety, starting with the air they breathe.
6/30/2020
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Rotork plc
Rotork Announces that all of its production facilities are currently open.
Our priority is the health and safety of our colleagues and their families, our customers, suppliers and all other stakeholders. We continue to take decisive actions to manage the COVID-19 situation whilst following the instructions from governments and health authorities.
6/30/2020
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Harwin Plc
Harwin's Chairman Provides update regarding Business Continuity amid the spread of COVID-19 pandemic, as of June 30, 2020.
Over the next twelve months our industry is going to face further uncertainty and unfortunately, this will be coming at us on two fronts. The first issue is that disruption stemming from COVID-19 is likely to continue as, although the number of cases here in Europe are in decline and several countries have started to relax lockdown regulations, it would be unwise for anyone to think that that’s an end to the matter.
6/30/2020
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U.S. Navy
CNO of the United States Navy Announces statement on COVID-19 pandemic.
WASHINGTON (NNS) -- Chief of Naval Operations (CNO) Adm. Mike Gilday sent a message to the fleet stressing the importance of remaining vigilant in the long-term battle against the Coronavirus (COVID-19), June 30. Below is the text of CNO’s message: “As we head into a well-deserved holiday weekend celebrating our nation’s independence, I want to convey how proud I am of our collective resilience and grit during this challenging time, and stress the importance of remaining vigilant in our long-term battle against the Coronavirus (COVID-19).
6/30/2020
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Acer Incorporated
Acer expects Asia Pacific shipments to benefit from peak season
Acer's president of Pan Asia Pacific Andrew Hou expects the company's PC shipments in the region to see seasonal demand in the second half of 2020, following a 10% on-year decline in the first quarter due to the coronavirus outbreak and a rebound to flat on-year growth in the second.
6/29/2020
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Konica Minolta Inc
Konica Minolta Precision Medicine (KMPM) Launches Care for COVID Program
ALISO VIEJO, Calif., June 29, 2020 /PRNewswire/ -- Ambry Genetics Corporation (Ambry), a leading clinical genetic testing laboratory, announced the launch of its CARE for COVID Program to provide employers with the system, tools, and support they need to screen, test, and manage their employees' health with respect to COVID-19 as they return to work.
6/29/2020
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Amazon.com, Inc.
Amazon gives front-line workers a $500 coronavirus bonus
Amazon is providing front-line workers with a one-time bonus to “show appreciation” for employees who continue to come to work during the coronavirus pandemic, the company announced Monday.
6/29/2020
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GP Industries Limited
GP Industries' Financial Results for the year ended 31 March Affected by COVID-19 pandemic, as well as Business Operation bases due to lockdown and restrictions.
An income statement and a statement of comprehensive income for the group together with a comparative statement for the corresponding period of the immediately preceding financial year.
6/29/2020
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ChinaNet Online Holdings, Inc.
ChinaNet Online Q1 Loss Widens and Provides COVID-19 Business Update.
BEIJING, China, June 29, 2020 (GLOBE NEWSWIRE) -- ChinaNet Online Holdings, Inc. (Nasdaq: CNET) ("ChinaNet" or the "Company"), an integrated online advertising, precision marketing, and data-analysis and management services platform, today announced its unaudited financial results for the first fiscal quarter of 2020.
6/29/2020
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Birmingham Fastener, Inc.
Birmingham Fastener Remains fully operational at all manufacturing and distribution locations.
Birmingham Fasteners is still fully operational at all of our manufacturing and distribution locations due to YOUR commitment to our company and our teammates. Looking back over the first half of the year, there are many things to consider as we evaluate where our company is and how the rest of the year will shake out. One thing is certain, Birmingham Fastener has the ultimate customer base and we will continue to make that base our foundation.
6/29/2020
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Micron Technology, Inc.
Despite the challenges of COVID-19 pandemic, Micron Technology Beats Q3 estimates.
BOISE, Idaho, June 29, 2020 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (Nasdaq: MU) today announced results for its third quarter of fiscal 2020, which ended May 28, 2020.
6/29/2020
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Gogo Inc.
Gogo Business Aviation Showing Strong Recovery from the COVID-19, Hits 3,000 Daily Flights.
BROOMFIELD, Colo., June 29, 2020 /PRNewswire/ -- Gogo Business Aviation (NASDAQ: GOGO), the leading provider of broadband connectivity products and services for business aviation, hit 3,000 daily flights late last week, showing strong signs of recovery from the COVID-19 related single-day low-point of 378 daily flights in mid-April.
6/29/2020
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Didi Chuxing
Didi to Halt Service in Several Japanese Prefectures Citing Impact of Covid-19
Chinese ride-hailing giant Didi Chuxing will scale back its core business reach in Japan as coronavirus-induced travel restrictions reduce demand for taxis in the country.
6/29/2020
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Nippon Chemi-Con Corporation
Nippon Chemi-Con Announces that consolidated earnings for the fiscal year ended March 2020 affected by COVID-19 pandemic.
During the fiscal year ended March 2020, the US economy was firm, but Europe and China trended towards economic slowdown due to the prolongation of the US-China trade friction.
6/29/2020
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Tel-Instrument Electronics Corp.
Tel-Instruments Reports strong operating results for the 2020 fiscal year, despite the spread of COVID-19 pandemic.
EAST RUTHERFORD, N.J.--(BUSINESS WIRE)--Tel-Instrument Electronics Corp. (“Tel”, or the “Company”) (OTCQB: TIKK), a leading designer and manufacturer of avionics test and measurement solutions, today reported net income of $4.7 million or $1.36 per basic share on revenues of $15.8 million for the 2020 fiscal year ending March 31, 2020.
6/29/2020
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Firstronic, LLC.
Firstronic Provides Business Update regarding Operational Status amid the spread of Coronavirus outbreak.
Firstronic made Inc. magazine’s Private Titan list in this year. Announced in March, the Inc. Private Titan list is an exclusive roster of the 1,000 biggest and brightest American companies that have stayed private.
6/29/2020
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Schurter Holding AG
All SCHURTER production facilities worldwide are operating at full capacity again, as of June 29, 2020.
Fortunately, all SCHURTER production facilities worldwide are operating at full capacity again.
6/29/2020
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WiseChip Semiconductor Inc.
PMOLED maker WiseChip to operate at full capacity till August.
Having seen its production lines run at full capacity since April, PMOLED panel maker WiseChip Semiconductor expects its order momentum to continue into August thanks to an improved product mix, according to company sources.
6/29/2020
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WiseChip Semiconductor Inc.
PMOLED maker WiseChip to operate at full capacity till August
Having seen its production lines run at full capacity since April, PMOLED panel maker WiseChip Semiconductor expects its order momentum to continue into August thanks to an improved product mix, according to company sources.
6/29/2020
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Rakon Ltd.
Rakon Reports FY2020 Results, Announces that all manufacturing facilities is forecast to return to full production by the end of June 2020.
High technology company Rakon Limited ('Rakon' or the 'Group') is pleased to post net profit after tax of $4.0m (2019: $3.4m), and Underlying EBITDA of $14.8m (2019: $13.3m) for the year ended 31 March 2020. Rakon has exceeded its earlier guidance of $12m to $14m for 2020, reflecting a much stronger than expected finish to the year from a higher share of business in the Telecommunications segment.
6/29/2020
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Kyocera Corporation
KYOCERA and Tokyo Medical and Dental University Begin Joint Research on Vitals Measurement Headset
KYOTO, Japan--(BUSINESS WIRE)--Kyocera Corporation and Tokyo Medical and Dental University (TMDU) announced a joint research project to develop a wireless headset that can remotely monitor high accuracy patient biometrics, such as blood oxygen saturation (SpO2). The Department of Cardiovascular Medicine of TMDU Medical Hospital began preparing for clinical research of the wearable headset system in May 2020.
6/29/2020
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Sandvik AB
Sandvik Provides an update on cost measures and savings to mitigate effects from the Covid-19-pandemic.
Our global pandemic plan is still valid. The SCHURTER "Global Business Continuity Team" continues to meet on a regular basis. The team ensures the worldwide production of SCHURTER products in compliance with the respective governmental requirements. In addition, the status of the supply chain is reviewed daily as part of our ongoing global business activities.
6/29/2020
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Alco Holdings Limited
Alco Holdings Announces the impact of COVID-19 pandemic on Business Operation and Financial Results for the year ended 31 March, 2020.
Revenue reduced to HK$961 million due to ongoing China and US trade war and impact of COVID-19 (2019 revenue was HK$1,545 million)
6/29/2020
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Sony Corporation
Sony’s business operations, operating results and financial condition adversely affected by Covid-19.
Risks and uncertainties also include the impact of any future events with material adverse impact. The continued impact of the Coronavirus Disease 2019 (“COVID-19”) could heighten many of the risks and uncertainties noted above.
6/29/2020
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Samsung Electronics Co. Ltd.
Samsung tipped to log robust Q2 earnings on chip biz: analysts
Samsung Electronics Co.'s second-quarter earnings could be better than expected, analysts here said Monday, as its robust chip business is likely to offset losses in its smartphone and display businesses amid the novel coronavirus pandemic.
6/29/2020
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Xilinx, Inc.
Despite the spread of Coronavirus outbreak, Xilinx Increases forecast for First Quarter Fiscal 2021 after easing of restrictions on Chinese companies, stock heads higher.
SAN JOSE, Calif.--(BUSINESS WIRE)--Jun. 29, 2020-- Xilinx, Inc. (NASDAQ: XLNX), the leader in adaptive and intelligent computing, today updated the range of its prior guidance for its first quarter of fiscal 2021 ended June 27, 2020.
6/29/2020
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China Recycling Energy Corporation
China Recycling Energy Reports Financial Results for Q1, 2020 and Provides COVID-19 update.
The consolidated financial statements (“CFS”) were prepared in accordance with accounting principles generally accepted in the United States of America (“US GAAP”).
6/29/2020
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Amazon.com, Inc.
Amazon workers striking in Germany over virus infections
Workers at six Amazon (NASDAQ:AMZN) warehouses in Germany start a 48-hour strike after staff test positive for the coronavirus.
6/29/2020
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OMRON Corporation
Omron's factory robots report for virus-fighting duty
OSAKA -- Omron has begun global sales of automated carrier robots fitted with ultraviolet lights or disinfectant sprayers that can sanitize hospitals and schools to prevent coronavirus infections, the Japanese company said Friday.
6/27/2020
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CML Microsystems Plc
CML Reports Financial Results for the Year Ended 31 December 2019 and Provides COVID-19 Business Update.
Welcome to the CML Microsystems Annual Report FY20. In this interactive pdf you can do many things to help you easily access the information that you want, whether that’s printing, searching for a specific item or going directly to another page, section or website. These are explained below.
6/27/2020
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DISCO Corporation
DISCO will continue to further its BCM activities and focus its efforts on strengthening the company during the COVID-19 pandemic.
Due to the US-China trade friction and economic slowdown in China, capital investments in semiconductor manufacturers remained low in the first half of FY2019, but willingness to invest in 5G and smartphones increased towards the end of the year.
6/26/2020
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IKONICS Corporation
IKONICS Announces Furloughs and Additional Cost Cutting Measures to curb the impact of COVID-19 pandemic.
DULUTH, MN – IKONICS Corporation (the “Company”) (Nasdaq:IKNX), a Duluth-based imaging technology company, announced it will furlough approximately 40% of its 81 employee workforce until July 31, 2020. Employees were notified on June 25th, 2020 and furloughed employees will continue to receive benefits. In addition to the furlough, IKONICS is suspending the company’s contribution to its 401(k) retirement plan. These measures, together with previous actions that included a reduction of officer and board compensation, and the elimination of all non-essential expenditures will help to partially offset the impact of lost revenue from the COVID-19 pandemic.
6/26/2020
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Ethernity Networks Ltd.
Ethernity Networks Reports wider losses on higher R&D costs and Provides update in COVID-19 pandemic.
Ethernity (AIM: ENET), a leading supplier of functional acceleration ethernet adapter cards on FPGA (field programmable gate array) for virtualised networking appliances, today announces its results for the year ended 31 December 2019.
6/26/2020
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Sulzer Ltd
Sulzer Provides update on COVID-19 pandemic.
In our Q1 2020 reporting, we announced that we have initiated decisive measures to mitigate the impact of market disruptions triggered by the Covid-19 pandemic. They included CAPEX and OPEX cuts of CHF 60m each, and a resizing of our activities serving the energy sector with details to be announced.
6/26/2020
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OSRAM Licht AG
Osram: Slight recovery after weak 3rd quarter expected
Osram Licht AG expects for the fiscal year 2020 a comparable revenue decline of -15 to -19 percent (previously:-3 and +3 percent), an adjusted EBITDA margin of 3 to 6 percent (previously: 9 to 11 percent) and a negative free cash flow in the mid double digit to lower triple digit million range.Osram withdrew the guidance for fiscal year 2020 in March 2020 due to the unpredictable impacts of the COVID-19 pandemic.
6/26/2020
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yeebo LCD Ltd
yeebo Announces the impact of COVID-19 on Financial Results For the Year Ended 31st March, 2020.
The Board of Directors of Yeebo (International Holdings) Limited (the “Company”) announces that the audited consolidated results of the Company and its subsidiaries (the “Group”) for the year ended 31st March, 2020 are summarised as follows
6/26/2020
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Accenture plc
Accenture pausing hiring to cut costs
Accenture (ACN +7.2%) will focus hiring on replacing subcontractors and halt some promotions to cut costs during the coronavirus pandemic.
6/25/2020
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Apple Inc.
Apple will re-close 14 stores in Florida because of rising Covid-19 rates, bringing total re-closings to 32
Apple will re-close 14 stores in Florida as Covid-19 cases rise in the state, the company said on Thursday. The stores will re-close on Friday.
6/25/2020
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Apple Inc.
Apple will re-close 14 stores in Florida because of rising Covid-19 rates, bringing total re-closings to 32
Apple will re-close 14 stores in Florida as Covid-19 cases rise in the state, the company said on Thursday. The stores will re-close on Friday.
6/25/2020
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Lyft
Lyft Announces a Coronavirus Statement.
As previously announced, on April 29, 2020, the Company committed to a plan of termination as part of the Company’s efforts to reduce operating expenses and adjust cash flows in light of the ongoing economic challenges resulting from the COVID-19 pandemic and its impact on the Company’s business. At the time of the Original Report, the Company estimated that it would incur approximately $28 million to $36 million of restructuring and related charges primarily related to employee severance and benefits costs. The Company continues to expect to incur such charges within the previously estimated range. At the time of the Original Report, the Company further expected to record a stock-based compensation charge and corresponding payroll tax expense related to equity compensation for employees who were terminated and a restructuring charge related to the shutdown of certain facilities. At the time of the Original Report, the Company was unable to estimate the stock-based compensation, payroll tax and facility-related charges. On June 25, 2020, the Company made a determination of such information. As of the date of this Current Report, in the second quarter of 2020, the Company expects to record a stock-based compensation charge and payroll tax expense related to equity compensation for employees who were terminated, as well as an offsetting benefit related to the reversal of previously recognized stock-based compensation expenses for unvested stock awards, resulting in a net benefit of $48.7 million for the quarter. Additionally, the Company expects to record other restructuring charges of $1.7 million primarily related to the shutdown of certain facilities.
6/25/2020
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DISCO Corporation
DISCO Corporation Provides update on Production Status and Deliveries amid the spread of COVID-19 outbreak, as of June 25, 2020.
As stated in the previous report, we will continue to maintain our production system while always keeping more than six months’ worth of raw materials in stock for production. Please contact a sales representative if you would like to order many blades and wheels all at once for the purpose of increasing stock.
6/25/2020
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Unique Fabricating, Inc.
Unique Fabricating Reports First Quarter 2020 Financial Results and Announces the impact of COVID-19 on Business Continuity Status.
AUBURN HILLS, MI / ACCESSWIRE / June 25, 2020 / Unique Fabricating, Inc. ("Unique Fabricating" or the "Company") (NYSE American:UFAB), which engineers and manufactures multi-material foam, rubber, and plastic components utilized in noise, vibration, and harshness management and air/water sealing applications for the transportation, appliance, consumer, and medical markets, today announced its financial results for the first quarter ended March 31, 2020.
6/25/2020
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Progress Software Corporation
Progress 2020 Second Quarter Revenue Exceeds Guidance, despite the ongoing economic disruption caused by COVID-19.
BEDFORD, Mass., June 25, 2020 (GLOBE NEWSWIRE) -- Progress (NASDAQ: PRGS), the leading provider of application development and digital experience technologies, today announced financial results for its fiscal second quarter ended May 31, 2020.
6/25/2020
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CalAmp Corporation
Despite significant impact from the ongoing COVID-19 pandemic, CalAmp Provides Solid Results for the 2021 First Quarter.
Despite significant impact from the ongoing COVID-19 pandemic, our first quarter results were solid as a result of the highly coordinated effort from our team, combined with close interactions with our customers in support of their product supply requirements," said Jeff Gardner, interim president and chief executive officer. "We also made significant progress on the plan I discussed in early May, as evidenced by continued improvements across our supply chain as well as the recent appointment of a new senior vice president of global supply chain and operations."
6/25/2020
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Nagase Co. Ltd.
Nagase Provides update regarding Teleworking amid the spread of COVID-19 outbreak, as of June 25, 2020.
Due to the relaxation of restrictions on movement across prefectures, from June 29 (Monday), Tokyo, Osaka, Hyogo, and Ai As a general rule, employees usually attend work at the offices of Nagase & NAGASE Group companies in Chichi Prefecture. You However, if it is determined that there is no hindrance to work performance or efficiency, it is possible to work from home up to 2 days per week. I will The transition period is until July 3 (Friday), and it is possible to work from home for more than two days a week. You The Group manufacturing companies also continue to operate after giving due consideration to safety. NAGASE The Group will continue to give top priority to preventing the spread of infection and ensuring the safety of employees and business partners. I will. We apologize for the inconvenience and thank you for your understanding. Thank you.
6/25/2020
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Aramex International
Aramex International Provides updates regarding Business Continuity amid the spread of Covid-19, as of June 25, 2020.
Following the developments related to COVID-19, we would like to inform you that we are working around the clock to ensure that there are minimal delays and interruptions of our services.
6/25/2020
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SYNNEX Corporation
Due to the impact of COVID-19 pandemic, Synnex earnings cut in half, but stock surges.
Fremont, Calif., - June 25, 2020 - SYNNEX Corporation (NYSE: SNX), a leading business process services company, today announced financial results for the fiscal second quarter ended May 31, 2020.
6/25/2020
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CoreLogic, Inc.
CoreLogic Raises Second Quarter 2020 Financial Guidance in line with impacts attributable to COVID-19.
IRVINE, Calif.--(BUSINESS WIRE)--CoreLogic (NYSE: CLGX), a leading global provider of property information, insight, analytics and data-enabled solutions, today announced increased financial guidance for the second quarter as summarized below.
6/25/2020
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Royal Mail Group Ltd.
Royal Mail Reports Full Year Results 2019-20 and Provides COVID-19 Update.
Keith Williams, interim Executive Chair, Royal Mail Group, commented: “In recent years, our UK business has not adapted quickly enough to the changes in our marketplace of more parcels and fewer letters. COVID-19 has accelerated those trends, presenting additional challenges.
6/25/2020
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Enerpac Tool Group
Enerpac Tool Swings to Loss in Q3, Revenues Decline Y/Y and Provides COVID-19 Business Update.
Net sales from continuing operations were $102 million for the quarter. Core sales decreased 38% year-over-year, with product sales declining 35% and service sales declining 47%. The net year-over-year impact on net sales from acquisitions and divestitures/strategic exits was a reduction of 7% while foreign currency benefited sales 2%.
6/25/2020
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The Walt Disney Company
Disney is postponing the reopening of Disneyland
New York (CNN Business)Disney is delaying the phased reopening of Disneyland and Disney California Adventure, the company's flagship theme parks in California, the company said on Wednesday.
6/25/2020
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Accenture plc
Accenture Reports Third-Quarter Fiscal 2020 Results In Line with Expectations and Provides COVID-19 Update.
NEW YORK; June 25, 2020 — Accenture (NYSE: ACN) reported financial results for the third quarter of fiscal 2020, ended May 31, 2020, with revenues of $11.0 billion, a decrease of 1% in U.S. dollars and an increase of 1.3% in local currency over the same period last year. Revenue growth for the quarter was reduced approximately 2 percentage points by a decline in revenues from reimbursable travel costs.
6/25/2020
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FactSet Research Systems Inc.
FactSet Research Tops Q3 Earnings Estimates, despite the outbreak of Coronavirus Crisis.
NORWALK, Conn., June 25, 2020 - FactSet ("FactSet" or the “Company”) (NYSE:FDS) (NASDAQ:FDS), a global provider of integrated financial information, analytical applications, and industry-leading service, today announced results for its third quarter ended May 31, 2020.
6/25/2020
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BAE Systems plc
BAE Systems Provides update on Business Operational Status amid the spread of COVID-19 pandemic, as of June 25, 2020.
The Company has provided an update to financial markets in light of the ongoing COVID-19 pandemic.
6/25/2020
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Capita plc
Capita Provides H1 2020 market update and Delivered a strong operational response to the COVID-19 crisis.
We have delivered a strong operational response to COVID-19 impact, working with colleagues and clients to protect service delivery; 60% of our people are working from home and 35%, who cannot work from home, are operating safely from our offices and client sites that have remained open
6/25/2020
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Apple Inc.
Apple to Close Houston-Area Retail Stores
Apple Inc. said it is temporarily closing seven stores around Houston amid concerns about rising coronavirus case counts, a move that follows the closure of nearly a dozen locations across four states for similar reasons last week.
6/24/2020
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Solvay Group
Solvay Provides a trading update for the second quarter, highlighting resilience amid the COVID-19 global pandemic.
As indicated in early May and following the strong performance in the first quarter, market headwinds increased sharply in the second quarter. Businesses related to oil and gas, automotive, and aerospace were the most significantly impacted, with revenues down about 40%, whereas businesses related to construction and mining were down about 20