Coronavirus Electronics Supply Chain Dashboard

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Last updated: July 09, 2020 21:00 GMT

Supplier COVID-19 Announcements

Company News Title Description News Date
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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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 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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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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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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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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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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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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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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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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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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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
Source
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
Source
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
Source
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
Source
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
Source
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
Source
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
Source
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
Source
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
Source
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
Source
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
Source
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
Source
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
Source
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
Source
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
Source
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
Source
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
Source
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
Source
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
Source
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
Source
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
Source
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
Source
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
Source
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
Source
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
Source
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
Source
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
Source
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
Source
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
Source
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
Source
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
Source
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
Source
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
Source
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
Source
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
Source
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
Source
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
Source
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
Source
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
Source
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
Source
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
Source
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
Source
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
Source
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
Source
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
Source
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
Source
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
Source
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
Source
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
Source
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
Source
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
Source
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
Source
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
Source
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
Source
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
Source
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
Source
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
Source
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
Source
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
Source
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
Source
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
Source
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
Source
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
Source
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
Source
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
Source
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
Source
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
Source
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
Source
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
Source
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
Source
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
Source
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
Source
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
Source
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
Source
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
Source
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
Source
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%.
6/24/2020
Source
SHI Canada
SHI's Response to COVID-19 regarding Facilities and Employees, as of June 24, 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.
6/24/2020
Source
discoverIE Group plc
discoverIE Group Reports Strong Preliminary Results for the year ended 31 March 2020, Provides update regarding the workplace measures taken in face of the pandemic.
discoverIE Group plc (LSE: DSCV, “discoverIE”, the “Group” or the “Company”), a leading international designer, manufacturer and supplier of customised electronics to industry, today announces its results for the year ended 31 March 2020.
6/24/2020
Source
Foster Electric Co. Ltd.
Foster Recorded year-on-year declines in net sales and Provides Business Continuity Update on Coronavirus pandemic.
During the fiscal year ended March 31, 2020, we faced extremely severe circumstances, including a continuously chaotic global economy caused by a rise in protectionism resulting from trade friction between the US and China and economic recession due to the spread of COVID-19, which started at the beginning of 2020.
6/24/2020
Source
GlobalWafers Co., Ltd.
No peak season this year for GlobalWafers
GlobalWafers will not see a peak season in 2020, according to Doris Hsu, chairperson for the silicon wafer manufacturer.
6/24/2020
Source
Quantum Corporation
Quantum Reports Strong Fiscal 2020 Despite COVID-19 Impact Beginning Mid-March 2020.
SAN JOSE, Calif., June 24, 2020 /PRNewswire/ -- Quantum Corporation (NASDAQ: QMCO) today announced financial results for its fiscal fourth quarter and year ended March 31, 2020.
6/24/2020
Source
H. B. Fuller Company
H.B. Fuller Reports Strong operational performance for its second quarter ended May 30, 2020, Provides COVID-19 Business Update.
Strong operational performance with net income of $32 million and adjusted EBITDA of $101 million, which exceeded the company’s guidance, driven by solid organic sales results, benefits from restructuring efficiencies, and lower raw material costs.
6/24/2020
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H&D Wireless AB
MVV Holding AB (publ), a subsidiary of the HDW Group, is filing for bankruptcy as a consequence of the Corona virus.
The board of MVV Holding AB has today applied for bankruptcy. After careful analysis, the Board has determined that it is not possible to continue MVV Holding as a consequence of the effects of the Corona crisis.
6/24/2020
Source
JetPCB Inc.
JetPCB Remains Fully Operational in Taiwan amid Covid-19.
The factory in Taiwan is still running at full production, despite the coronavirus pandemic and holiday.
6/24/2020
Source
Konica Minolta Inc
Konica Minolta provides update regarding the spread of COVID-19 pandemic, as of June 24, 2020.
The Konica Minolta Group, while complying with the directives and regulations of each country, places top priority on ensuring the health and safety of the group's employees and their families, and continues to make every effort to prevent the spread of infection and to ensure that the provision of products and services to society and its customers is not hindered. The Group’s policy is:
6/24/2020
Source
BlackBerry Limited
Amid the economic challenges regarding the spread of Coronavirus, BlackBerry lifts adjusted profit despite lower revenues in Q1.
Waterloo, Ontario - BlackBerry Limited (NYSE: BB; TSX: BB) today reported financial results for the three months ended May 31, 2020 (all figures in U.S. dollars and U.S. GAAP, except where otherwise indicated).
6/24/2020
Source
FreemanXP
Freeman Continues Transformation in Light of COVID-19 Impact on Live Events.
DALLAS – June 23, 2020 – Freeman®, the world’s leading provider of live events and brand experiences, announced today that it is taking additional steps to transform its organization and operations to ensure the company is best-positioned to plan, design, and execute high-impact and safe events for its clients. Freeman is taking proactive steps to respond to the immediate effects of the COVID-19 pandemic and reshape its business to meet the evolving needs of its clients in the future.
6/23/2020
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Yokowo Co., Ltd.
Yokowo Provides update regarding the spread of COVID-19 infextion, as of June 23, 2020.
June 5, 2020 “About the outbreak of new coronavirus in our company”, June 8 In the second report and the third report on June 9, a new model of one employee working in the Tomioka factory office building We have announced about the coronavirus infection and its progress. We will announce the following as the follow-up report (4th report).
6/23/2020
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Taiwan Semiconductor Manufacturing Co., Ltd.
TSMC processor orders remain strong despite pandemic and other issues
Kung Ming-hsin, leader of Taiwan’s National Development Council, stated the Taiwanese Semiconductor Manufacturing Company (TSMC) has already made up its lost Huawei orders. The component maker stopped taking chipset commissions from the smartphone maker because of a newly issued U.S. export control.
6/23/2020
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Infineon Technologies AG
Infineon shows responsibility in the face of Covid-19
Munich, Germany – 23 June 2020 – For the global community, the coronavirus pandemic presents a crisis of hitherto unseen proportions. “The coronavirus pandemic will leave an unprecedented impact on the global economy and our society,” said Dr. Reinhard Ploss, CEO of Infineon.
6/23/2020
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AeroVironment Inc.
AeroVironment Achieved high revenue, despite the spread of Coronavirus outbreak.
SIMI VALLEY, Calif.--(BUSINESS WIRE)--Jun. 23, 2020-- AeroVironment, Inc. (NASDAQ: AVAV), a global leader in unmanned aircraft systems (UAS), today reported financial results for its full year and fourth quarter ended April 30, 2020.
6/23/2020
Source
Superior Industries International, Inc.
Superior Announces Successful Execution of Cost Measures, Efficient Restart of Operations, and Strong Liquidity Well-Positioned for Second Half of 2020.
SOUTHFIELD, MICHIGAN – June 23, 2020 – Superior Industries International, Inc. (NYSE:SUP), one of the world’s leading aluminum wheel suppliers for OEMs and the European aftermarket, today provided a business update regarding its current operating status.
6/23/2020
Source
AT & S Austria Technologie & Systemtechnik Aktiengesellschaft
AT&S uses short-time work for the Fehring plant
The PCB manufacturer AT&S has decided to take advantage of temporary short-time working as a stop-gap measure for the AT&S Fehring (Austrian) location, starting on July 1, 2020.Due to the global weakness in demand in the automotive and industrial electronics sectors, which has been exacerbated by the COVID-19 pandemic, AT&S has registerd a decline in orders for the AT&S production facility in Fehring.
6/23/2020
Source
EBARA Corporation
EBARA Provides update regarding Business Operational Status amid the spread of COVID-19, as of June 23, 2020.
This is to announce that EBARA CORPORATION (“the company”) continues to place the health and safety of all its employees, customers, and other stakeholders as a top priority to prevent the spread of the COVID-19 coronavirus. We have been implementing the measures stated below based on the policies of the Japanese government as well as relevant ministries, agencies, and each prefecture to tackle the coronavirus infection.
6/23/2020
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Toyota Motor Corporation
Toyota's Production to Return to 90% of Target Output in July
Toyota Motor Corporation TM recently announced that its domestic production volume in July is expected to recover and return to 90% of target output, as states continue to ease shelter-in-place strategies and begin reopening processes that were imposed due to the coronavirus outbreak.
6/23/2020
Source
Altra Industrial Motion Corp.
Altra Industrial Motion Supports Customers amid the environmental challenges of Coronavirus outbreak.
While COVID-19 is new and some of the challenges it poses are unique, our commitment to you remains the same: To be a trusted partner, able to meet your needs with unparalleled service and dedication.
6/23/2020
Source
China Automotive Systems, Inc.
China Automotive Systems Announces that COVID-19 pandemic negatively hit 2020 First Quarter Results and Business Operations in China.
WUHAN, China, June 23, 2020 /PRNewswire/ -- China Automotive Systems, Inc. (NASDAQ: CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today announced its unaudited financial results for the first quarter ended March 31, 2020.
6/23/2020
Source
Mcwane, Inc.
Statement From Mcwane President Ruffner Page regarding Business Continuity Status amid the spread of COVID-19 pandemic.
As recent events increase our awareness of hard realities around us, we must let that awareness motivate us to build and inform better behaviors for our future. In the first half of 2020, we all have faced unprecedented times due to the ongoing challenges of COVID-19 and the ongoing struggle in our communities to ensure all people are treated equally, with deep respect and care.
6/22/2020
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Chase Corporation
Chase Continued uninterrupted supply of products to its global customers throughout the COVID-19 pandemic.
Chase has continued uninterrupted supply of products to its global customers throughout the COVID-19 pandemic. We’ve supplied to some of the most essential industries during this period: manufacturers of disposable gowns, respirators and related medical supplies.
6/22/2020
Source
The Sherwin-Williams Company
Sherwin-Williams raises its sales outlook for the second quarter.
CLEVELAND, June 22, 2020 /PRNewswire/ -- The Sherwin-Williams Company (NYSE: SHW) today increased its net sales guidance for the second quarter of 2020. The Company now expects second quarter 2020 consolidated net sales to decrease by a mid-single-digit percentage compared to the second quarter of 2019. The Company's prior guidance, issued April 29, 2020, was for second quarter 2020 consolidated net sales to decrease by a low to mid-teens percentage compared to the second quarter of 2019.
6/22/2020
Source
FuelCell Energy, Inc.
FuelCell Energy Resumes Manufacturing Operations at Torrington Facility.
DANBURY, Conn., June 22, 2020 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq: FCEL) -- a global leader in fuel cell technology – with a purpose of utilizing its proprietary, state-of-the-art fuel cell platforms to enable a world empowered by clean energy – announced that it has resumed manufacturing at its Torrington, CT facility. The Company previously announced that it had temporarily suspended manufacturing activities on March 18, 2020 in light of the COVID-19 outbreak as a proactive and voluntary measure to secure the safety of the Company’s employees and the communities in which our employees live.
6/22/2020
Source
AT & S Austria Technologie & Systemtechnik Aktiengesellschaft
AT&S uses temporary corona short-time work for the Fehring plant.
Due to the global weakness in demand in the automotive and industrial electronics sectors, which has been exacerbated by the COVID-19 pandemic, and the associated decline in orders for the AT&S plant in Fehring, the company has decided to take advantage of temporary short-time working as a stop-gap measure for the AT&S Fehring location, starting on July 1st.
6/22/2020
Source
Alphabet Inc.
Google's U.S. Ad Revenue Is Expected to Decline in 2020, eMarketer Says
Google’s U.S. advertising revenue will decline this year for the first time since eMarketer began modeling it in 2008, the research firm said, largely because Google’s core search product is so reliant on the pandemic-battered travel industry.
6/22/2020
Source
International Business Machines Corporation
IBM advises tighter cybersecurity in new remote work era
IBM Indonesia, a wholly owned subsidiary of American technology giant IBM, has called for companies to step up cybersecurity measures and to communicate digital safety to employees in light of the increase in cyberattacks during the "remote working era" of the pandemic.
6/22/2020
Source
Toyota Motor Corporation
Toyota expects recovery in July domestic car output
Japan's biggest carmaker Toyota Motor will maintain domestic production cuts next month but expects its July car output to recover from June's low.
6/22/2020
Source
Cool Holdings, Inc.
Cool Holdings Reopens Simply Mac Store in Nation’s Largest Outlet Mall in Sunrise Florida.
MIAMI, June 22, 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”), announces the reopening of its Sunrise, Florida store, which was closed temporarily as a result of the COVID-19 pandemic.
6/22/2020
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Asahi Kasei Corporation
Asahi Kasei Provides update on Business Continuity in Japan amid COVID-19 pandemic, as of June 22, 2020.
The government's declaration of an emergency based on the amended Special Measures Act was lifted nationwide on May 25 this year. Until the stage where the health, safety, and security of employees, customers, business partners, local people, and other related parties can be fully ensured through the establishment of treatment methods, development of vaccines, etc. We carry out business activities on the premise of infection prevention measures for employees. We would like to inform you that we will extend the work-at-home period in principle at our Group's domestic bases until July 31, 2018.
6/22/2020
Source
Huntsman Corp.
Huntsman May swing to loss in the Second Quarter 2020 Results, due to the impact of COVID-19 pandemic.
THE WOODLANDS, Texas, June 22, 2020 /PRNewswire/ -- Huntsman Corporation (NYSE: HUN) today reaffirmed its overall general outlook for the second quarter 2020 and announced that overall sales for the quarter are expected to be down between approximately 30 to 35 percent versus last year. Huntsman noted that the sales trends showed improvement from April to May, and it expects to see this continued improvement through June.
6/22/2020
Source
Toyota Motor Corporation
Toyota accelerates production recovery in Japan
Toyota Motor (NYSE:TM) expects domestic output to be down 10% in July from an estimated 40% drop this month as it continues to recover from the pandemic.
6/22/2020
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Toyota Motor Corporation
Toyota Motor estimates the production volume will be recovered up to approximately ten percent decrease compared to the initial plan.
Toyota Motor estimates the production volume will be recovered up to approximately ten percent decrease compared to the initial plan.
6/22/2020
Source
Tesla
Elon Musk tweets Tesla postpones annual shareholder meeting
(Reuters) - Elon Musk tweeted bit.ly/2AVPdDo late on Friday that Tesla Inc will have to postpone its annual shareholder meeting as no large gatherings are allowed by July 7.
6/20/2020
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Bplus Technology Co., Ltd
Bplus Technology Provides update regarding Production and Delivery Status amid the spread of Coronavirus pandemic.
Because of COVID-19 outbreak, the shipping cost has increased. Customers in the following countries, please don't shop at our website. Please contact sales. If you still shop via our platform, we will cancel your order, refund compulsorily and charge the processing fee. Russia, Australia, Brazil and Greece
6/20/2020
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SMK Corp.
SMK Notice of the implementation of telecommuting as the new coronavirus infection spreads.
In accordance with the request from the government and prefectural governors to avoid nonessential outings due to the spread of the new coronavirus, SMK has been gradually implementing telecommuting for employees working at the following sites.
6/19/2020
Source
Apple Inc.
Apple to shut some U.S. stores again due to rising COVID-19 cases.
(Reuters) - Apple Inc said on Friday it is temporarily shutting some stores again in Florida, Arizona, South Carolina, and North Carolina in the United States, as novel coronavirus cases continue to rise in the country.
6/19/2020
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AFS Logistics LLC
AFS Logistics Provides Business Update regarding COVID-19 pandemic.
AFS is directing carriers and customers to direct all inbound invoices to freightinvoice@afs.net or via established electronic submission, such as EDI or eSubmit to avoid processing delays due to the impacts of the COVID-19 countermeasures.
6/19/2020
Source
Apple Inc.
Apple closing some U.S. stores as coronavirus spikes
Apple (NASDAQ:AAPL) will close its retail stores in Arizona, Florida, North Carolina, and South Carolina due to spiking coronavirus infection rates.
6/19/2020
Source
ELMA
Business Update of the Elma Group related to the Covid-19 Pandemic.
CH-Wetzikon, June 19, 2020 - The Elma Group held up well in the midst of the economic turmoil associated with the Covid-19 pandemic. Secured liquidity and a solid balance sheet enable Elma to manage this unprecedented time.
6/19/2020
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Teac Corporation
Teac Provides update regarding measures taken to curb the spread of COVID-19 outbreak, as of June 19, 2020.
Dear customers, customers Thank you very much for your continued support. We will continue to keep in mind the prevention of new coronavirus infection and take the following actions.
6/19/2020
Source
E INK HOLDINGS INC.
E Ink Holdings' colored e-paper production lines running at full capacity.
E Ink Holdings (EIH) has seen its colored e-paper production lines run at full capacity, with the high gear to persist through September, according to company chairman Johnson Lee.
6/19/2020
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Nomura Co Ltd
Nomura Kogeisha Group's response to the gradual relaxation of the emergency declaration, as of June 19, 2020.
Following the gradual easing of the cancellation of the emergency declaration announced by the government, the Nomura Kogeisha Group will take the following actions.Changes from the June 1st edition are shown in bold .
6/19/2020
Source
Ford Motor Company
Ford, Fiat Chrysler returning to pre-coronavirus production levels
Ford Motor and Fiat Chrysler expect to return to pre-coronavirus pandemic production schedules at their U.S. plants on Monday.
6/19/2020
Source
Nippon Yusen KK
Nippon Yusen Announces measures taken to curb the spread of COVID-19 pandemic at workplace, as of June 19, 2020.
Given the impact that the novel coronavirus pandemic has been having on the world at large, the NYK Group has renewed its social mission to aid the global flow of goods and lifeline products by taking necessary measures to ensure stable operations.
6/19/2020
Source
Inaba Denki Sangyo Co., Ltd.
Inaba Denki Sangyo Provides update regarding the correspondence to new coronavirus infectious disease, as of June 19, 2020.
In response to the government's emergency statement issued in April, we have decided to In addition to work at telework and satellite offices at business sites, measures to prevent infection Has been advanced. In addition, even after canceling the emergency declaration, Osaka Head Office will continue to close the Please refrain from visiting us. Initially, the affected patient at the Osaka Headquarters also returned to work, and then remained as it is now.
6/19/2020
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Barco
Barco Provides update on Business Continuity Status amid COVID-19 pandemic and announces the reopening of Barco’s offices.
Kortrijk, Belgium, June 2020 – For the last half year, the covid-19 virus has been affecting businesses all over the world – Barco included. In March, the company announced the implementation of special measures with a focus on the safety and well-being of its employees, as well as on ensuring business continuity for its customers. This communication is an update on those measures providing the latest information on the next steps in tackling covid-19 related matters.
6/19/2020
Source
PQ Group Holdings Inc
Due to the impact of COVID-19 outbreak, PQ Group Holdings Lowers 2Q Sales Guidance Below Consensus.
MALVERN, Pa.--(BUSINESS WIRE)-- PQ Group Holdings Inc. (NYSE:PQG), a leading integrated and innovative global provider of specialty catalysts, materials, chemicals and services, announced today that it is updating its Sales and Adjusted EBITDA outlook for the second quarter 2020.
6/19/2020
Source
IBS ELECTRONICS, INC
IBS ELECTRONICS Remains in operation amid COVID-19 pandemic.
Our entire team around the world is working very hard to manage the evolving COVID-19 crisis. IBS Electronics is in close communication with our suppliers and shipping services; we will provide updates as they arrive, and we will continue to monitor the situation.
6/19/2020
Source
JABIL INC
Despite the impact of COVID-19 pandemic, Jabil Q3 Earnings Beat Estimates, Revenues Rise Y/Y.
ST. PETERSBURG, Fla.--(BUSINESS WIRE)--Jun. 19, 2020-- Today, Jabil Inc. (NYSE: JBL), reported preliminary, unaudited financial results for its third quarter of fiscal year 2020.
6/19/2020
Source
Honda Motor Co., Ltd.
Honda Motor Reports financial results for the year ended March 31, 2020 and Provides COVID-19 Business Update.
The selected consolidated financial data set out below for each of the five fiscal years ended March 31, 2020 have been derived from our consolidated financial statements that were prepared in accordance with International Financial Reporting Standards (“IFRS”), as issued by the International Accounting Standards Board (“IASB”).
6/19/2020
Source
Ford Motor Company
Ford's Oakville Assembly Plant May Close in 2023
There is growing speculation across the industry that Ford might close its assembly plant in Oakville, Ontario three years from now.
6/19/2020
Source
Alpha Novatech, Inc.
Alpha Novatech Provides Business Update regarding COVID-19 pandemic.
We express our sympathy to everyone affected by COVID-19. Due to COVID-19, we are unable to receive a reliable delivery schedule for certain fans that we source from our vendor. Therefore, we must temporarily suspend new orders that include these fans.
6/19/2020
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CKD USA Corporation
CKD USA Provides response regarding COVID-19 pandemic, as of June 19, 2020.
We would like to extend our deepest sympathies to all those affected by the spread of the new coronavirus infection and to all of those involved. We also pray for the souls of those who have died. Even after canceling the emergency declaration, we continue to implement necessary measures with the first aspect of preventing the spread of infection and the health and safety of our customers, business partners, and employees. We will inform you about future correspondence as follows.
6/19/2020
Source
Wistron Corporation
Wistron chairman turning cautious about market recovery.
Wistron chairman Simon Lin has disclosed the company's operation in the second quarter has been better than expected, but the coronavirus pandemic, which he originally expected to be contained by the third quarter, is unlikely to ease anytime soon.
6/19/2020
Source
Beckermus
Beckermus Sharing safety practices regarding COVID-19 Crisis.
Above all else, the safety and health of our colleagues, customers, partners, suppliers, and communities where we live and work is not only a priority for our company, it is a core value. The Bechtel COVID-19 Crisis Management Committee, made up of leaders throughout the business, has been interfacing with public health officials, obtaining outside expertise, and consolidating best practices to develop a set of global guidance documents and educational material that can be implemented to create and maintain safe workplaces.
6/18/2020
Source
NeoMagic Corporation
NeoMagic Provides Business Update regarding COVID-19 pandemic.
As a result of the consumer spending environment shifting more to online purchases NeoMagic E-commerce division is well positioned to leverage the new spending paradigm. MercadoMagico.com and MercadoMagico.com.mx has seen a significant improvement in performance, with increases in website traffic, visit to conversion ratio, ads revenue and sales orders. As the new spending paradigm evolves, NeoMagic will take proactive measures to continue to capitalize on this market.
6/18/2020
Source
Thermo Systems LLC
Thermo Systems Provides update regarding the spread of COVID-19 pandemic.
As we navigate through these uncertain times of dealing with COVID-19, please be assured, the Thermo Systems team remains dedicated to advancing our work together. The health and safety of the Thermo staff, our business partners, and customers continue to be our first priority.
6/18/2020
Source
Bayerische Motoren Werke AG
BMW confirms 14 active COVID-19 cases at Spartanburg manufacturing facility
BMW Manufacturing confirmed Thursday there are 14 active cases of COVID-19 at its manufacturing plant in Spartanburg.
6/18/2020
Source
Nucor Corp.
Nucor Announces Guidance for Second Quarter of 2020 Earnings and Provides COVID-19 Business Update.
CHARLOTTE, N.C., June 18, 2020 /PRNewswire/ -- Nucor Corporation (NYSE: NUE) today announced guidance for its second quarter ending July 4, 2020. Nucor expects second quarter earnings to be in the range of $0.10 to $0.15 per diluted share. First quarter of 2020 earnings were $0.07 per diluted share and second quarter of 2019 earnings were $1.26 per diluted share.
6/18/2020
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Jones Lang LaSalle IP, Inc.
Jones Lang LaSalle re-opens Chicago headquarters, bringing office openings across U.S. to more than 75.
CHICAGO, June 18, 2020 /PRNewswire/ -- As local governments continue to lift restrictions to allow companies to bring employees back into workplaces, JLL has re-opened more than 75 offices in the United States, a little more than half of its total portfolio, including its flagship headquarters at the Aon Center in Chicago. The company is on track to re-open nearly 100 U.S. offices by the end of July.
6/18/2020
Source
Foxconn Electronics Inc.
Medtronic and Foxconn Partner to Increase Ventilator Production
DUBLIN and MOUNT PLEASANT, Wis., June 18, 2020 (GLOBE NEWSWIRE) -- Medtronic plc (NYSE:MDT) and Foxconn Industrial Internet, a business group within Foxconn Technology Group (Foxconn), announced today that Foxconn has successfully completed Medtronic’s regulatory and quality requirements necessary to begin manufacturing Medtronic Puritan Bennett™ 560 (PB560) ventilators for Medtronic in the United States. Medtronic and Foxconn are currently ramping up plans to produce 10,000 PB560 ventilators over the next year at Foxconn’s Wisconn Valley Science and Technology Park in Mount Pleasant, Wis. The ventilators will be marketed and sold by Medtronic.
6/18/2020
Source
Blue Water Shipping
Blue Water Continued service by air to and from China amid the spread of Coronavirus pandemic.
During May, a unique scheduled charter service - Copenhagen-Shanghai-Copenhagen - was operated in a close partnership between Blue Water, SAS Cargo and our partner in China, Cargo Services Group.
6/18/2020
Source
WidePoint Corporation
WidePoint Provides Strong Fiscal Year 2020 Financial Guidance, despite the spread of COVID-19 pandemic.
FAIRFAX, Va., June 18, 2020 (GLOBE NEWSWIRE) -- WidePoint Corporation (NYSE American: WYY), the leading provider of Trusted Mobility Management (TM2) specializing in Telecommunications Lifecycle Management, Identity Management and Digital Billing & Analytics solutions, has provided its financial outlook for the fiscal year ending December 31, 2020.
6/18/2020
Source
Aramex International
Aramex International Provides update regarding Business Continuity Status amid the spread of Coronavirus outbreak, as of June 18, 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.
6/18/2020
Source
The Walt Disney Company
Hong Kong Disneyland Reopens to Masked Guests in Scorching Heat
Hong Kong Disneyland reopened Thursday under health restrictions to check the spread of infections in a pandemic that’s seeing a second wave of outbreaks, including a flare up this week in Beijing.
6/18/2020
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Hongkong Post
Hongkong Post Announces that Speedpost service to the United Kingdom and the United States resumed.
Hongkong Post today (June 18) announced that some airlines commenced to provide air traffic capacity gradually to the United Kingdom and the United States on a limited basis. However, this can only cope with the posting volume of Speedpost service, and thus for the time being only Speedpost service to the above two destinations will resume first starting from tomorrow (June 19).
6/18/2020
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Gartner, Inc.
Gartner has continued to experience negative impacts on all of its segments due to the COVID-19 pandemic.
In connection with the offering of the Notes, Gartner is providing prospective purchasers with an offering memorandum, which includes a description of recent developments. Gartner previously provided an update on the impact of the novel coronavirus disease (“COVID-19”) pandemic on its business, results of operations, financial condition and cash flows in its Quarterly Report on Form 10-Q for the three months ended March 31, 2020. Impacts during the first quarter of 2020 included, among others, the closure of Gartner offices across the globe and reduced revenues, in particular as a result of cancelled conferences. In April, Gartner implemented workforce reductions in its Conference segment.
6/18/2020
Source
Textron Inc.
Textron approved a restructuring plan to reduce the Company’s operating expenses, due to the coronavirus.
On June 18, 2020, the Board of Directors of Textron Inc. approved a restructuring plan to reduce the Company’s operating expenses through headcount reductions, facility consolidations and other actions in response to the economic challenges and uncertainty resulting from the COVID-19 pandemic. The restructuring plan primarily impacts the TRU Simulation + Training business (TRU) within the Textron Systems segment, and the Textron Aviation and Industrial segments.
6/18/2020
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Fujikon Industrial Holdings Limited
Fujikon Industrial Reports the impact of COVID-19 pandemic on financial results for the year ended 31 March 2020.
The consolidated financial statements have been prepared in accordance with Hong Kong Financial Reporting Standards (“HKFRS”) and disclosure requirements of the Hong Kong Companies Ordinance Cap. 622. The consolidated financial statements have been prepared under the historical cost convention, as modified by the revaluation of investment property, financial assets at fair value through other comprehensive income, and financial assets at fair value through profit or loss, which are carried at fair value.
6/18/2020
Source
Oxford Instruments
Oxford Instruments Remains fully operational at all of its manufacturing sites amid COVID-19 pandemic.
The global disruption due to COVID-19 is unprecedented. As a business, our priority is protecting the health and wellbeing of our employees, whilst keeping our business open to support our existing and new customers.
6/18/2020
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TESSCO Technologies Incorporated
Tessco June 2020 Investor Presentation, Regarding the Impact of COVID-19.
The PowerPoint presentation will be used by Tessco Technologies Incorporated (the “Company”) at the East Coast IDEAS Investor Conference to be held in a virtual format via the Internet on June 24, 2020. The PowerPoint presentation is also available on the Company’s website.
6/18/2020
Source
National Express Group plc
National Express coach services to start up again with enhanced safety measures.
The restart follows a three-month suspension of all National Express scheduled services in response to the lockdown and a limit on non-essential travel introduced by the Government to manage the Covid-19 pandemic.
6/18/2020
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Toyota Motor Corporation
2 Toyota employees at Bidadi plant test COVID-19 positive
Two employees at Toyota Kirloskar Motor's Bidadi plant in Karnataka have tested positive for COVID-19, the auto major said in a notification. The automaker, which had resumed production at the plant on May 26 after weeks coronavirus-led lockdown, has again temporarily suspended operations at the facility due to the confirmed cases.
6/18/2020
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Samtec
Samtec Provides Coronavirus Update and Service Recovery Progress, as of June 18, 2020.
We have reduced standard lead times by 5 days on specific series such as standard HDR Cable, Precision RF products and many of High Speed Board to Board products. We will continue to monitor our output and adjust accordingly.
6/18/2020
Source
Suga Test Instruments Co.,Ltd
Suga Test Instruments Provides update on Business Continuity Status amid the spread of COVID-19 pandemic.
We would like to inform you of the status of our company's response to new coronavirus infectious diseases following the complete cancellation of the “Emergency Declaration” by the government.
6/18/2020
Source
RASPBERRY PI FOUNDATION
The Raspberry Pi Store in Cambridge reopens on June 18, 2020.
We’re pleased to announce that today, the Raspberry Pi Store in Cambridge re-opens its doors. We have taken care to follow government guidelines to ensure a clean and safe environment for our staff and customers.
6/18/2020
Source
LCD-Mikroelektronik Dr. Hampel + Co. GmbH
LCD-Mikroelektronik Releases its contribution to combating COVID -19.
As a supplier to well-known medical and laboratory technology companies, we are proud that our products help to fight the current Covid 19 pandemic. Among other things, displays from LCD microelectronics can be found in COVID 19 rapid testers , intensive care pumps and pipettes.
6/17/2020
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AT&T Inc.
AT&T to lay off thousands of workers and close 250 stores
AT&T has confirmed that it’s cutting thousands of jobs and closing hundreds of stores, Axios reports. While the company has not confirmed the total number of jobs affected, the cuts reportedly include 3,400 technician and clerical jobs as well as managerial and executive roles. And 250 retail locations will be closed, including both AT&T and Cricket Wireless branded stores, the Communication Workers of America confirmed — although AT&T said most of these employees will be offered alternative jobs at the company.
6/17/2020
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Westell Technologies, Inc.
Westell Technologies Announces that COVID-19 negatively impact financial results for Q4, 2020.
AURORA, Ill., June 17, 2020 (GLOBE NEWSWIRE) -- Westell Technologies, Inc. (NASDAQ: WSTL), a leading provider of high-performance network infrastructure solutions, today announced results for its fiscal 2020 fourth quarter ended March 31, 2020 (4Q20) and its fiscal year ended March 31, 2020 (FY20). Management will host a conference call to discuss financial and business results tomorrow, Thursday, June 18, 2020 at 9:30 AM Eastern Time (details below).
6/17/2020
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A. P. Moller - Maersk AS
Despite the impact of COVID-19 outbreak, A. P. Moller - Maersk AS Sees 2Q Adjusted Ebitda Slightly Above 1Q.
Based on the market development, combined with cost measures across the organisation and significant blanked sailings in Ocean, A.P. Møller - Mærsk A/S (APMM) expects an EBITDA before restructuring and integration costs for Q2 2020 slightly above the level for Q1 2020 (USD 1.5bn).
6/17/2020
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Didi Chuxing
Didi suspends inter-city ride-hailing in Beijing lockdown
Chinese ride-hailing platform Didi Chuxing on Monday suspended inter-city transport to and from Beijing only a week after the service resumed in late May, as the capital banned inter-city ride-hailing amid rising Covid-19 cases.
6/17/2020
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Cool Holdings, Inc.
Cool Holdings reopens two more of its Simply Mac stores
Cool Holdings (OTCQB:AWSM) has reopened two more of its Simply Mac stores, which were closed due to COVID-19 pandemic.
6/17/2020
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AT&T Inc.
AT&T Senior Executive Vice President and CFO John Stephens Provides Statement on COVID-19 pandemic.
COVID-19. Stephens said the company is still evaluating the near- and long-term impacts of the Coronavirus pandemic. He said AT&T has limited visibility on the pandemic’s impact on the overall economy and how long the effects will continue to be seen. However, Stephens reiterated that the company has confidence in its ability to generate cash given the resiliency of its wireless services, broadband and business connectivity operations.
6/17/2020
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APL Logistics
APL Logistics Provides update on Business Continuity amid the spread of COVID-19 pandemic, as of June 17, 2020.
Current updates for NAM, LATAM and EMEA regions are as follows: No disruption reported, individual terminals may have limited hours and or operations. Please check with terminal.
6/17/2020
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Mitsui Chemicals, Inc
Mitsui Chemicals's CEO Provide update regarding Business Continuity Status amid the spread of COVID-19 outbreak.
For FY2020, we expect that automobile production will decline by about 20%, falling significantly in the first half, although the fall will be alleviated in the second half. We expect that it will take a certain amount of time for the automobile production to recover after that.
6/17/2020
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FORMOSA SUMCO TECHNOLOGY CORPORATION
Sumco near full capacity for Q3.
Formosa Sumco Technology (FST), which ships silicon wafers to mainly Taiwan- and China-based logic and memory foundries, is expected to see its production lines run at nearly full capacity utilization in the third quarter of 2020.
6/17/2020
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Fusion Worldwide
Fusion Worldwide Provides response to COVID-19 pandemic, as of June 17, 2020.
Hong Kong’s reputation as a “free” global trading center and as the world’s biggest exporter is at risk of being damaged with Beijing moving to abolish the “one country, two systems” framework. The city has been allowed to operate independently from the rest of China and have certain democratic freedoms, which was a stipulation under which Britain returned Hong Kong to China in 1997.
6/17/2020
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Cool Holdings, Inc.
Cool Holdings Reopens Two More of its Simply Mac Stores.
MIAMI, June 17, 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”), announced that it has reopened two more of its Simply Mac stores that had been closed as a result of the COVID-19 pandemic.
6/17/2020
Source
Microsoft Corporation
Microsoft stores to remain close till further notice
Microsoft (NASDAQ:MSFT) is still wary about opening its retail stores in contrast to Apple and Best Buy who have started opening stores as cities have started to relax the guidelines.
6/17/2020
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Frontier Communications Corp.
Frontier Communications Announces update and actions taken regarding COVID-19 pandemic.
On June 17, 2020, the Company will be providing a presentation to certain noteholders in connection with the Chapter 11 Cases. A copy of the presentation is attached as Exhibit 99.1 to this Current Report on Form 8-K (“Current Report”) and is incorporated by reference herein.
6/17/2020
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OSRAM Licht AG
OSRAM publishes new guidance for fiscal year 2020 due to the impact of COVID-19 pandemic.
OSRAM Licht AG expects for the fiscal year 2020 a comparable revenue decline of -15 to -19 percent (previously: comparable revenue growth between -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 (previously: positive free cash flow in the mid double digit million range). For the ongoing 3rd quarter of the fiscal year (1 April to 30 June 2020) the current forecast provides for a comparable revenue decline of up to -35 %, a negative adjusted EBITDA margin of up to -10% and a negative free cash flow in the mid double digit million range.
6/17/2020
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CWT Global B.V.
CWT Global Provides response regarding COVID-19 outbreak.
Our hearts and best wishes for a speedy return to healthy normality, go out to everyone impacted by the virus and our absolute priority at this time is the safety and wellbeing of employees and travelers.
6/17/2020
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QuickLogic Corporation
QuickLogic Adjusts its revenue in the second quarter of 2020, due to the impact of COVID-19 pandemic.
QuickLogic Corporation (the “Company”) today announced updates to its previously issued financial guidance for its revenue in the second quarter of 2020. This update is due to continued supply chain delays and timing of orders for certain of the Company’s larger mature product customers due to the COVID-19 pandemic. The Company’s forecasts were originally provided on May 11, 2020 during the Company’s conference call to discuss its results for the three months ended March 29, 2020. The Company’s original forecast was that revenue for the second quarter of 2020 would be approximately $2.5 million, plus or minus 10%. The Company now forecasts that its revenue for the second quarter of 2020 will be approximately $2.3 million, plus or minus 10%.
6/17/2020
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Severfield PLC
Severfield Reports annual results for the year ended 31 March 2020 and Announces that its sites Remains in Operation amid the spread of COVID-19 pandemic.
Severfield plc, the market leading structural steel group, announces its results for the 12 month period ended 31 March 2020.
6/17/2020
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Nippon Ceramic Co., Ltd.
Nippon Ceramic Announces that its subsidiary NiCeRa Philippines resumed production activity.
Since March 17, 2020, NiCeRa has temporarily suspended production activities at the subsidiary, NiCeRa Philippines Inc.(NPI), due to the quarantine regulations for COVID-19 announced by the Philippine government.
6/17/2020
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Pickering Interfaces Ltd
Pickering Interfaces Provides update regarding Operational Status amid the spread of COVID-19 pandemic.
The team here at Pickering understands that there is a great amount of concern, uncertainty and anxiety around COVID-19 or the "Coronavirus". The safety and wellbeing of our customers and our employees is of the highest priority. We are prepared to make sure we can continue to support your applications without delay and with outstanding service.
6/17/2020
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Emerson Electric Co.
Emerson Electric Provides COVID-19 update on its orders worldwide.
Total Emerson trailing three-month orders were down 17 percent with underlying orders down 15 percent, excluding 2 percent of unfavorable currency impact.
6/17/2020
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ViaSat, Inc.
ViaSat Expects that its financial results for the quarter ending June 30, 2020 to be negatively impacted by the outbreak of COVID-19 pandemic.
Viasat anticipates that its financial results for the quarter ending June 30, 2020 will continue to be impacted by the COVID-19 pandemic, although it is unable to quantify the expected operational and financial impacts
6/17/2020
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KDDI
KDDI Provides Update regarding COVID-19 pandemic, as of June 17, 2020.
We will provide information on our services based on the basic policy of the Japanese government due to the spread of new coronavirus infections.
6/17/2020
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G4S plc
G4S plc Provides Business Update regarding COVID-19 pandemic.
With its 2020 Annual General Meeting today, and in view of the global pandemic, G4S provides the following update for the five months ended 31 May 2020.
6/17/2020
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Apple Inc.
Apple will reopen 10 stores in New York City for the first time since they were closed due to the pandemic
Apple will reopen 10 stores in New York City this week, the company said on Tuesday. It’s the first time Apple stores in the city have been open since they closed in March in response to the Covid-19 pandemic.
6/16/2020
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SHI Canada
SHI Canada Provides update regarding Business Continuity Status amid the spread of COVID-19 pandemic, as of June 16, 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.
6/16/2020
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Groupon, Inc.
Groupon Reports Q1 Loss, Misses Revenue Estimates and Provides COVID-19 Business Update.
CHICAGO--(BUSINESS WIRE)-- Groupon (NASDAQ:GRPN) released its first quarter financial results today and published its quarterly stockholder letter.
6/16/2020
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Cisco Systems, Inc.
Cisco Spending $500 Million on Covid-19 Relief, Anti-Racism
Cisco Systems Inc. said it’s put more money into efforts to mitigate the impact of the Covid-19 pandemic and now is directing some of its contributions to help tackle systemic racism.
6/16/2020
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Prism Electronics Ltd.
Prism Electronics Continues to both manufacture and deliver product to new and existing customers amid COVID-19 outbreak.
COVID-19 UPDATE 16/06/2020 – Prism continues to both manufacture and deliver product to new and existing customers. We continue to employ social distancing measures while increased numbers of in-direct staff work remotely. For more information please contact our Sales and Support teams through the normal methods. We continually review the recommended working guidelines provided by Public Health England.
6/16/2020
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DSV
DSV Announces update regarding its operational status worldwide amid the spread of COVID-19 outbreak.
Despite interruptions, the vast majority of our facilities and offices are operational.
6/16/2020
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Lite-On Technology Corporation
Lite-On Tech increasing production outside China
EMS provider Lite-On Technology, to cope with the US-China trade disputes, has been adjusting its global deployments, increasing output and capacity at factories outside of China, mainly in Thailand, Vietnam, Mexico, India, Brazil and Taiwan, according to company CEO Warren Chen.
6/16/2020
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Japan Aviation Electronics Industry, Ltd.
Operation status of JAE Group manufacturing bases due the effect of Coronavirus Disease (COVID-19), as of June 16, 2020.
JAE Tijuana, S.A. de C.V. (connectors & harnesses manufacturing plant) JAE Tijuana is in operation while taking measures to prevent infections, such as securing social distance in accordance with the direction of the Mexican government.
6/16/2020
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Japan Aviation Electronics Industry, Ltd.
Japan Aviation Announces the measures taken to curb the spread of COVID-19 pandemic, as of June 16, 2020.
Japan Aviation Electronics Industry, Limited has been taking measures to prevent the spread of COVID-19 and to ensure business continuity of JAE. Since there is still risk of infections after the lift of COVID-19 state of emergency, we will continue the following measures.
6/16/2020
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Axalta Coating Systems Ltd.
Axalta OEM Coatings Business Improved in May, Refinish Customers Benefiting from Increased Driving amid COVID-19 pandemic.
PHILADELPHIA, June 16, 2020 /PRNewswire/ -- Axalta Coating Systems Ltd. (NYSE: AXTA) ("Axalta"), a leading global coatings company, announced today an update on second quarter sales trends through May 2020. Axalta had withdrawn its guidance for the full year 2020 in March due to the uncertainty in the outlook for customer demand as a result of the COVID-19 pandemic and committed to offering an intra-quarter update in June.
6/16/2020
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Oracle Corporation
Oracle reports mixed Q4 as customers feel the impact of COVID-19.
REDWOOD SHORES, Calif., June 16, 2020/PRNewswire/ -- Oracle Corporation (NYSE: ORCL) today announced fiscal 2020 Q4 and fiscal 2020 full year results. Total quarterly revenues were $10.4 billion, down 6% YoY and down 4% in constant currency compared to Q4 last year. Cloud services and license support revenues were $6.8 billion, up 1% YoY and 3% in constant currency. Cloud license and on-premise license revenues were $2.0 billion.
6/16/2020
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Turtle Beach Corporation
Despite the impact of COVID-19 outbreak, Turtle Beach Increases Sales Outlook For Second Quarter Of 2020.
SAN DIEGO, June 16, 2020 /PRNewswire/ — Turtle Beach Corporation (Nasdaq: HEAR), a leading gaming audio and accessory provider, has increased its sales outlook for the quarter ending June 30, 2020 based on continued strong demand and significant additional increases in product supply.
6/16/2020
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Government of Singapore
Singapore to halt construction on airport terminal for two years - Straits Times
SINGAPORE, June 16 (Reuters) - Singapore will halt construction of the fifth terminal at its Changi Airport for at least two years amid uncertainty about COVID-19’s impact on the aviation sector, the transport minister said, according to the Straits Times.
6/16/2020
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Mitsubishi Materials Corporation
Mitsubishi Materials Provides Business Report regarding the impact of COVID-19 pandemic.
The Mitsubishi Materials Group’s business performance was impacted by the declining demand in automotive and semiconductor-related sectors, falling copper prices and weaker domestic demand for cement. However, given the impact of such factors as reduced cost of smelting and an increase in the price of palladium in the Metals business operating profit increased.
6/16/2020
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Fresenius Medical Care Corp.
Fresenius Medical Care North America's Response to COVID-19.
We are actively addressing the COVID-19 pandemic. With new developments daily, we remain focused on protecting our patients, employees, physicians, and partners. Our company policies continue to evolve to ensure we are best addressing these circumstances. We will update these common questions below as frequently as possible.
6/16/2020
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Rompa Group
Rompa Provides Business Update regarding the spread of COVID-19 pandemic, as of June 16, 2020.
Plastic injection moulding companies form an important link in the international production chain for cars and consumer electronics. However, the coronavirus has had a serious impact on the trust that exists between suppliers and buyers in these sectors. Many companies worry that partners in the chain will go their own way. CEO Patrick Gerard of Rompa Group and ITB Group is therefore open and honest to his relations. His video message has been met with a ton of positive feedback from customers.
6/16/2020
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SEALCON
SEALCON is running at full capacity amid the spread of COVID-19 pandemic.
As a supplier to critical manufacturing sectors in the area of medical equipment (ventilators, hospital beds, x-ray machines, scales, etc.) as well as utility (communication) and safety equipment (fire and rescue), Sealcon has been deemed essential and is exempt from any federal and state mandated stay-at-home orders.
6/15/2020
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iRobot Corporation
Despite the impact of COVID-19 pandemic, iRobot Hikes Q2 Sales and Operating View.
BEDFORD, Mass., June 15, 2020 /PRNewswire/ -- iRobot Corp. (NASDAQ: IRBT), a leader in consumer robots, today provided an update on its business. The company has experienced stronger-than-expected orders during the second quarter as consumers worldwide are increasingly relying on Roomba® robot vacuums and Braava® robot mops to address their home floor care needs. Among the highlights:
6/15/2020
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Tata Motors Limited
Tata Motors to shed 1,100 JLR jobs after pandemic hits earnings
BENGALURU (Reuters) - India’s Tata Motors Ltd expects to shed about 1,100 temporary jobs at Jaguar Land Rover after it raised the cost-cutting target at its luxury unit by 1 billion pounds ($1.26 billion) to ride out the disruptions caused by the coronavirus outbreak.
6/15/2020
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Jinlong Machinery & Electronics Co. Ltd.
Jinlong Machinery & Electronics Provides update on Business Continuity Status amid COVID-19 outbreak, as of June 15, 2020.
China Factories are OPEN, and lead times are improving. We could be closed again if a virus outbreak occurs with line workers.
6/15/2020
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Audi AG
Mexican state orders Audi, Volkswagen to keep Mexican factories closed
Coronavirus concerns have prompted the Mexican state of Puebla to order Volkswagen (VOW.DE) and its luxury brand unit Audi (NSU.DE) to keep their plants closed for the time being.
6/15/2020
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EnOcean GmbH
EnOcean Provides update regarding Business Continuity Status amid COVID-19 outbreak, as of June 15, 2020.
Due to the coronavirus pandemic, we provide you with an update on the situation and the actions taken.
6/15/2020
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XPO Logistics Inc.
XPO Logistics Shares the measures taken to curb the spread of COVID-19 pandemic.
GREENWICH, Conn., June 15, 2020 (GLOBE NEWSWIRE) -- XPO Logistics, Inc. (NYSE: XPO), a leading global provider of supply chain solutions, has released an expanded list of actions the company has taken for the safety of its employees and customers. Most recently, XPO deployed a COVID-19 dashboard on its XPO Connect™ digital freight platform in North America and Europe. The dashboard gives customers and carriers access to pandemic-related alerts issued by states, provinces, countries and major infrastructure sources.
6/15/2020
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Motorcar Parts of America, Inc.
Motorcar Parts of America Reports strong Fiscal 2020 Fourth Quarter and Provides COVID-19 Business Update.
LOS ANGELES--(BUSINESS WIRE)--Jun. 15, 2020-- Motorcar Parts of America, Inc. (Nasdaq: MPAA) today reported results for its fiscal 2020 fourth quarter and year ended March 31, 2020 -- reflecting generation of cash flow from operations of $18.8 million for the fiscal year and gross margin improvement.
6/15/2020
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Nippon Yusen KK
Nippon Yusen Provides regarding Remote Work amid the spread of COVID-19 pandemic, as of June 15, 2020.
NYK has launched the revised work plan effective from June 15th , in response to the present situation of the new coronavirus (COVID19). IR Group also starts to come to the office for a maximum of two days a week. In the office we will continue making effort to prevent the spread of COVID-19.
6/15/2020
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VOXX International Corporation
VOXX International Corporation Reports Its Fiscal 2020 Fourth Quarter and Provides COVID-19 Business Update.
ORLANDO, Fla., June 15, 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 2020 fourth quarter and year ended February 29, 2020.
6/15/2020
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Vuzix Corp.
Vuzix Issues Shareholder Letter regarding the impact of COVID-19 outbreak.
ROCHESTER, N.Y., June 15, 2020 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or the "Company"), a leading supplier of Smart Glasses and Augmented Reality (AR) technology and products, today announced that the Company has issued a June 2020 Letter to Shareholders to provide an update on recent events and highlight its future outlook for the upcoming quarters.
6/15/2020
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Sensirion AG Switzerland
Despite the spread of COVID-19 outbreak, Sensirion AG Switzerland Expects to provide strong financial results for full-year 2020.
Sensirion raises its outlook for the financial year 2020. Despite continuing low visibility for the second half of the year, the sensor manufacturer expects revenue for the full year of CHF 200-240 million due to the positive business trend in the first half of the year.
6/15/2020
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JinkoSolar Holding Co., Ltd.
JinkoSolar Q1 Earnings Miss Estimates and Provides COVID-19 Business Update.
SHANGHAI, June 15, 2020 /PRNewswire/ -- JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company") (NYSE: JKS), one of the largest and most innovative solar module manufacturers in the world, today announced its unaudited financial results for the first quarter ended March 31, 2020.
6/15/2020
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3M Company
3M Reports the impact of COVID-19 on Sales for Month of May 2020.
ST. PAUL, Minn.--(BUSINESS WIRE)-- 3M (NYSE: MMM) today reported sales information for the month of May 2020.
6/15/2020
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Tata Motors Limited
Tata Motors Reports Financial Results for Q4 FY20 and Provides COVID-19 Business Update.
Statements in this presentation describing the objectives, projections, estimates and expectations of Tata Motors Limited (the “Company”, “Group” or “TML”) Jaguar Land Rover Automotive plc (“JLR ”) and its other direct and indirect subsidiaries may be “forward-looking statements” within the meaning of applicable securities laws and regulations. Actual results could differ materially from those expressed or implied.
6/15/2020
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Magna International Inc.
Magna International Announces a Response to COVID-19.
The agenda of this Presentation includes: response to COVID-19, Q1 2020 Update, Financial Strategy, Positioning fot the future.
6/15/2020
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Cool Holdings, Inc.
Cool Holdings unable to meet the filing deadline for the Form 10-Q, due to circumstance related to COVID-19.
The quarterly report on Form 10-Q pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 of Cool Holdings, Inc. (the “Company”) for the quarterly period ended May 2, 2020 (the “Form 10-Q”)is due to be filed with the Securities and Exchange Commission (the “Commission”) on June 16, 2020. On March 25, 2020, the Commission issued an order that provides public companies that are unable to meet filing deadlines due to circumstances related to the novel coronavirus (“COVID-19”) with a 45-day extension to file certain disclosure reports, including reports on Form 10-Q, that would otherwise have been due between March 1 and July 1, 2020 (the “Order”). The Company intends to rely upon the Order and expects that it will file the Form 10-Q on or before July 31, 2020.
6/15/2020
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Delta Air Lines Inc.
Delta to resume U.S.-China service as U.S. further loosens restrictions
The U.S. government is easing plans to restrict passenger flights by Chinese airlines to the U.S., after China said it will permit more passenger flights by U.S. airlines.
6/15/2020
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Umicore
Umicore Provides update on COVID-19 impact and current trading.
Umicore’s priority is the health and safety of its employees. Umicore introduced in its facilities worldwide strict hygiene and other precautionary measures in response to the COVID-19 pandemic and a dedicated task force continues to monitor its operations globally with a focus on protecting employees’ health.
6/15/2020
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Littelfuse, Inc.
Littelfuse Statement Operational Status amid the spread of COVID-19 pandemic, as of June 15, 2020.
We want to thank our customers, suppliers and other stakeholders for their support during the COVID-19 pandemic. Communication is key in these unprecedented times and we want to provide an update on our response to this challenging situation. Our top priority remains the health, safety and well-being of Littelfuse associates, their families and our communities. We are complying with all local, state, and federal government requirements to help prevent the spread of the coronavirus.
6/15/2020
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Apple Inc.
Apple’s annual conference is going remote — here’s what attendees will miss most
When Apple’s annual World Wide Developers Conference kicks off later this month, it will look markedly different than its previous 30 iterations. Instead of a in-person conference held in San Jose, California with parties, sushi dinners, and hands-on workshops, WWDC will be held online this year due to the Covid-19 pandemic.
6/14/2020
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Apple Inc.
Production of Apple iPhones and AirPods might have returned to pre-pandemic levels
According to analyst Gene Munster of Loup Ventures, Apple's supply chain has returned to January 2020 levels of production. This is important because, during the peak of the COVID-19 pandemic in Asia, many of Apple's suppliers and contract manufacturers were shut down. Munster says that his analysis is based on the shrinking of iPhone and AirPods lead times. That is the time it takes for Apple to ship an order after it is placed by a consumer. Munster writes, "As of mid-June, Apple’s supply chain and production appear to have returned to levels consistent with early January 2020. We believe this is evidence that Apple’s supply chain is back to full strength."
6/13/2020
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Midas Displays
Midas Displays Provides Update regarding COVID-19 pandemic, as of June 13, 2020.
Midas are pleased to annouce that as of the 1st of July, 2020, those members of staff who have been placed on Furlough leave, will begin a phased return to the business. In order to keep our office a COVID secure workplace, these members of our team will be reintroduced on a one-day-in, one-day-out basis. The members of our team that have continued to work full-time during the pandemic, either from home, or from the office, will continue to do so.
6/13/2020
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Dell Inc.
Dell report details rise in cyberattacks and disruptive events
A new report focuses on a surge in cyberattacks and other disruptions during the coronavirus pandemic and the costs of these events.Due to the coronavirus, organizations around the globe have had to quickly transition their workforces from the traditional workplace to the digital office.
6/12/2020
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Teac Corporation
Teac Provides response to prevent the spread of new coronavirus infection, as of June 12, 2020.
Although the infection status of the new coronavirus is calming down, we will take the following measures based on the situation that requires careful attention to prevent infection.
6/12/2020
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Apple Inc.
Apple will reopen 10 stores in New York City for the first time since they were closed due to the pandemic
Apple will reopen 10 stores in New York City this week, the company said on Tuesday. It’s the first time Apple stores in the city have been open since they closed in March in response to the Covid-19 pandemic.
6/12/2020
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Radiant Logistics, Inc.
An Update From Radiant Founder & CEO Bohn Crain regarding Business Continuity amid the spread of COVID-19 outbreak.
As 2020 continues to unfold, we have witnessed the spread of COVID-19 to all corners of the world: watched as businesses, communities and countries have responded to and struggled with pandemic challenges; many have mourned the loss of friends and family, and some of us may have fought the disease ourselves. Our “new normal” is not a static state of being, but instead continues to evolve on a daily and sometimes hourly basis.
6/12/2020
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Bitauto Holdings Limited
Bitauto Announces the impact of COVID-19 on Financial Results for First Quarter 2020 Results.
BEIJING, June 12, 2020 /PRNewswire/ -- Bitauto Holdings Limited ("Bitauto" or the "Company") (NYSE: BITA), a leading provider of internet content & marketing services, and transaction services for China's automotive industry, today announced its unaudited financial results for the first quarter ended March 31, 2020[1].
6/12/2020
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Winbond Electronics Corp.
Message from Winbond CEO regarding Business Continuity amid the spread of COVID-19 pandemic.
COVID-19 has spread all around the world since 2020. As a member of the global village, Winbond is deeply concerned about what people have experienced and is more determined to fight against the pandemic together with the world.
6/12/2020
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FuelCell Energy, Inc.
FuelCell Energy stock surges after revenue beat & anticipates the closure of manufacturing facility in Torrington, CT to continue through at least June 22nd.
First and foremost, our focus remains on the health and safety of our employees as we navigate the unprecedented COVID-19 pandemic. Despite this challenging environment, I’m pleased with our second quarter performance, where we achieved significant progress in executing our “Powerhouse” business strategy,” said Jason Few, President and CEO. “We have made strides in advancing our integrated business model, which includes developing and managing generation assets. We remain focused on accelerating revenue growth, which more than doubled this quarter, fueled by increases in Generation, Service and Advanced Technology. At the same time, we continued to manage costs and enhance gross margin.” Mr. Few concluded, “Despite the challenges of the current global environment resulting from the COVID-19 pandemic, we continued to execute against our project pipeline and advanced our work with ExxonMobil Research and Engineering Company in pursuit of commercializing our proprietary carbon capture solution. We still have work to do but are on a clear strategic path to continue making progress and achieving our goals.
6/12/2020
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HannStar Display Corp.
HannStar Display ramping up shipments for wearables
HannStar Display has further optimized its product mix for 2020, focusing on panels for IoT and wearable applications, while reducing those for smartphone applications, according to company vice president Hsu-ho Wu for logistics operations.
6/12/2020
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Nagase Co. Ltd.
Nagase Provides update regarding the cancellation of the emergency declaration.
In response to the government's national declaration of emergency being lifted nationwide, Working from home at work sites of Nagase & NAGASE Group companies We will inform you that this will end on Friday, May 29th. Until June 26th (Friday), I will work from home as much as possible and keep the number of employees per day within 50% of the entire organization. I will keep it down. We will inform you again after June 29th (Monday). The loop manufacturing company continues to operate after considering safety. Details are in charge of each company Please contact). The NAGASE Group will continue to give top priority to preventing the spread of infection and ensuring the safety of employees and business partners.
6/12/2020
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IQE PLC
IQE Remains in operations amid the spread of COVID-19 outbreak, as of June 12, 2020.
IQE plc (AIM: IQE) the leading supplier of advanced wafer products and material solutions to the semiconductor industry, provides a trading update for the half year ending 30 June 2020.Q1 revenues were slightly ahead of internal expectations and trading in Q2 to date has been strong in both the Wireless and Photonics Business Units. Despite the significant risk of disruption posed by the Coronavirus pandemic, IQE’s production has not been affected to date.
6/12/2020
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Nippon Yusen KK
Nippon Yusen Announces response regarding measures taken to curb the spread of COVID-19 pandemic, as of June 12, 2020.
NYK has implemented a revised work plan effective from June 15.
6/12/2020
Source
Spectra7 Microsystems Ltd
Spectra7 Announces First Quarter Financial Results and Provides COVID-19 Business Update.
SAN JOSE, CA - (Business Wire) – (TSX-V:SEV) Spectra7 Microsystems Inc. (“Spectra7” or the “Company”), a leading provider of high-performance analog semiconductor products for broadband connectivity markets, today announced its unaudited financial results for the three months period ended March 31, 2020. A copy of the unaudited consolidated financial statements for the three months ended March 31, 2020 prepared in accordance with International Financial Reporting Standards and the corresponding management’s discussion and analysis (“MD&A”) will be available under the Company’s profile on www.sedar.com. All amounts are in US dollars unless otherwise noted.
6/12/2020
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Tesla
Tesla safety boss tries to calm factory workers, some are concerned about lax coronavirus precautions
Tesla’s safety leader Laurie Shelby sent an e-mail to employees who work at its Fremont, California, vehicle assembly plant on Thursday to assuage their concerns about Covid-19 risks there. However, some employees say that despite Shelby’s email, they remain worried about infections and lax safety precautions in Fremont.
6/12/2020
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Foxconn Electronics Inc.
Foxconn blames coronavirus for delay in audit; WEDC continuing talks to amend contract
The coronavirus has delivered a significant impact on Wisconsin businesses, and for the Foxconn Technology Group, it could delay when the company receives millions of dollars in state tax credits.
6/12/2020
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Toyota Motor Corporation
Toyota resumes all production in Southeast Asia after virus halt.
Toyota Motor Corp. said Friday it has restarted plants in Indonesia and Malaysia after their suspension due to the new coronavirus spread, bringing all production in Southeast Asia back online.
6/12/2020
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Adobe Systems Incorporated
Adobe Q2 a mixed bag as revenue falls short of estimates
Adobe on Thursday reported mixed second quarter financial results, beating EPS targets but falling a tad short on revenue.
6/11/2020
Source
Apple Inc.
Apple price target raised on China smartphone recovery
Citing Chinese mobile phone data, Wells Fargo lifts its Apple (NASDAQ:AAPL) price target from $315 to $385.
6/11/2020
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Advent International Corporation
Forescout Tech Investors Sue Over Collapse of Advent Merger
Forescout Technologies Inc. allegedly didn’t disclose a looming risk that a business downturn partially related to the coronavirus would scuttle a planned merger with Advent International Corp., investors said in California federal district court.
6/11/2020
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Kia Motors Corporation
Kia Motors suspends 2 plants near capital over coronavirus
Kia Motors Corp., South Korea's second-biggest carmaker by sales, halted its two domestic plants Thursday, as two workers at the plants near the capital were confirmed to have contracted the new coronavirus.
6/11/2020
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Hyundai Motor Company
Hyundai, GM Korea join government move to support auto parts makers
Local automakers including Hyundai Motor Group and GM Korea have joined hands with the government for guarantee funds to support auto parts makers hit by the COVID-19 pandemic, officials said Thursday.
6/11/2020
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Deswell Industries, Inc.
Deswell Industries Reports a strong increase in operating income for Second Half 2020 Results, despite challenges related to Covid-19 and trade conflicts.
MACAO (June 11, 2020) - Deswell Industries, Inc. (Nasdaq: DSWL) today announced its unaudited financial results for the second half of the fiscal year ended March 31, 2020.
6/11/2020
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AstroNova, Inc.
AstroNova Provides COVID-19 Business Update, as of June 11, 2020.
Our business has been and will likely continue to be materially adversely affected by the widespread outbreak of contagious disease, including the recent outbreak of respiratory illness caused by a novel coronavirus known as COVID-19. COVID-19 has been declared by the World Health Organization to be a “pandemic” and has spread to many of the countries in which we,
6/11/2020
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Delta Air Lines Inc.
Delta CEO Provides a statement on COVID-19 pandemic to customers.
Our country is experiencing overlapping crises. While the coronavirus continues to disrupt our daily lives, longstanding issues of racism and inequality have come to a head through heartbreaking events across our communities.
6/11/2020
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AstroNova, Inc.
Despite the COVID-19 outbreak, AstroNova maintained all of its production operations around the world and announces the impact of COVID-19 on financial results for the Q1, 2021.
Our performance improved from the fourth quarter of fiscal 2020 due to actions taken that reduced costs and realigned priorities. However, the broad economic disruption caused by the COVID-19 pandemic added additional constraints and weighed on our first-quarter financial performance,” said Greg Woods, AstroNova’s President and Chief Executive Officer. “The pandemic impact has been particularly acute in the Aerospace portion of our Test & Measurement segment. Despite the challenging conditions, our global team is doing an outstanding job supporting our customers throughout this pandemic. At AstroNova facilities around the world, we have maintained production while keeping the health and safety of our employees, customers, suppliers and communities at the forefront of our attention. The early actions we took to shift a significant number of our global team to working remotely while enhancing our cleaning and protection procedures at our production facilities have proven to be successful.
6/11/2020
Source
BG Staffing, Inc.
BG Staffing: Revenue Down 17% Year Over Year At Start Of Q2, amid the Covid-19 crisis compared with the same period in 2019.
PLANO, Texas--(BUSINESS WIRE)-- BG Staffing, Inc. (NYSE: BGSF), a national provider of workforce solutions, today reported selected intra second quarter financial results during this pandemic economic downturn.
6/11/2020
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DELTA ELECTRONICS INC
Delta Electronics sees uncertainty in 2H20
Power supply maker and energy management solution provider Delta Electronics sees uncertainty in the market in second-half 2020, according to company chairman Yancey Hai.Business in first-quarter 2020 was negatively impacted due to coronavirus pandemic, but second-quarter results have been in line with plans, Hai said.
6/11/2020
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RF Industries, Ltd.
RF Industries Reports Results for Second Quarter of Fiscal 2020 and Provides COVID-19 Business Update.
SAN DIEGO, CA, June 11, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE --RF Industries, Ltd, (NASDAQ: RFIL), a national manufacturer and marketer of interconnect products and systems, today announced its financial results for the second quarter of fiscal 2020 ended April 30, 2020.
6/11/2020
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Largan Precision Co. Ltd.
Largan conservative about 3Q20
Smartphone-use lens module maker Largan Precision is conservative about business operation in the third quarter of 2020 although the quarter is traditionally a booming season, according to company CEO Lin En-ping.Besides the coronavirus pandemic, the US sanctions against the largest Chinese smartphone vendor Huawei are also impacting Largan, according to industry sources.
6/11/2020
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Adobe Systems Incorporated
Adobe stock rises as coronavirus work-from-home shift boosts subscription revenue.
Strong Demand Across Creative Cloud and Document Cloud Drives New New Digital Media ARR of $443 Million
6/11/2020
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Redington India Ltd
Redington India loses sales worth Rs 1,800 cr due to Covid-19 spread.
The above financial results have been reviewed by the Audit Committee and approved by the Board of Directors of Redington (India) Limited (“the Company”) at their respective meetings held on June 10, 2020 and June 11, 2020.
6/11/2020
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Crossroads Systems, Inc.
Crossroads Reports Financial Results for Q2, 2020 and Provides COVID-19 Business Update.
The impact of Covid-19 was felt for almost the entire quarter. Given how lean of an operation Capital Plus Financial is, it was immediately able to transition to a remote work environment for its employees and made immediate contact with its borrowers to guide them through the various options to withstand the pandemic, including but not limited to forbearance, counseling for unemployment options and guidance for small business owners.
6/11/2020
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Verizon Communications Inc.
Verizon delivers network reliability during COVID-19 while accelerating 5G deployments.
Throughout the first 90+ days of the country’s COVID response, Verizon’s networks performed remarkably well, maintaining pre-COVID reliability levels even in the midst of dramatic usage spikes and shifts in demand. At the same time, Verizon’s industry-leading team of engineers and technicians were able to continue and even in some cases accelerate deployment of our 5G network.
6/11/2020
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United Microelectronics Corporation
UMC Xiamen fab runs at near full capacity
United Semiconductor (Xiamen), a 12-inch foundry subsidiary of Taiwan's United Microelectronics (UMC), has run at near full capacity since the second quarter of 2020 thanks to a pick-up in orders for 28nm chips.
6/11/2020
Source
SeaChange International, Inc.
SeaChange Announces the impact of COVID-19 on Financial Results for the fiscal first quarter ended April 30, 2020.
WALTHAM, MA – June 11, 2020 – SeaChange International Inc. (NASDAQ: SEAC), a leading provider of video delivery platforms, today reported financial results for the fiscal first quarter ended April 30, 2020.
6/11/2020
Source
Pitt Ohio Express
Pitt Ohio Express Is open for business amid the spread of COVID-19 pandemic, as of June 11, 2020.
We are picking up and delivering shipments in every city and town in our service area. We provide on demand LTL, TL and dedicated driver solutions.
6/11/2020
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Molex Incorporated
Molex Provides update regarding worldwide plant operational status amid COVID-19, as of June 10, 2020.
An update on the operational status of Molex’s manufacturing facilities.
6/10/2020
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APL Logistics
APL Logistics Provides Business Update regarding the spread of COVID-19 outbreak, as of June 10, 2020.
APL Logistics cannot cite specific dates on return to office actions globally. We will continue to provide advance notice of changes to this arrangement.
6/10/2020
Source
Apple Inc.
Apple Tells Staff That First Phase of HQ Return Begins June 15
Apple Inc. told staff at its main Silicon Valley headquarters that the first phase of a plan to return to the office will begin on June 15, but stressed that most employees won’t go back for several months at least.
6/10/2020
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Fiat Chrysler Automobiles N.V.
Belvidere Fiat Chrysler assembly plant to close for week
BELVIDERE, Ill. (WIFR) -- The Belvidere Fiat Chrysler assembly plant will be down from Monday, June 15 until Monday, June 22 to prepare for full production later in the month.
6/10/2020
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Daktronics, Inc.
Daktronics Announces Fiscal Year and Fourth Quarter 2020 Results and Provides COVID-19 Business Update.
BROOKINGS, S.D., June 10, 2020 (GLOBE NEWSWIRE) -- Daktronics, Inc. (NASDAQ - DAKT) today reported fiscal year and fourth quarter 2020 results. Daktronics reported fiscal year 2020 net sales of $608.9 million, operating loss of $0.2 million, net income of $0.5 million, and earnings per diluted share of $0.01. This compares to net sales of $569.7 million, operating loss of $4.7 million, and net loss of $1.0 million, or $0.02 per diluted share for fiscal 2019. Fiscal 2020 orders were $620.8 million compared to $608.9 million for fiscal 2019.
6/10/2020
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Facebook, Inc.
Facebook, Twitter, Google to report monthly on fake news fight, EU says
BRUSSELS (Reuters) - Facebook (FB.O), Google (GOOGL.O) and Twitter (TWTR.N) should provide monthly reports on their fight against disinformation, two senior EU officials said on Wednesday as they called out Russia and China for their roles in the spread of fake news.
6/10/2020
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Caterpillar Inc.
Caterpillar extending some plant closures on weak demand - Bloomberg
Caterpillar (NYSE:CAT) plans to keep some of its plants shut for longer than expected with demand languishing, Bloomberg reports.
6/10/2020
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Dana Incorporated
Dana Provides update on Business Continuity Status amid COVID-19 pandemic.
Dana Incorporated’s (“Dana”) Chairman and Chief Executive Officer, James Kamsickas and Executive Vice President and Chief Financial Officer, Jonathan Collins, will be providing an overview of the company and an update of the company’s financial outlook at Deutsche Bank Global Automotive Industry Conference on Wednesday, June 10, 2020.
6/10/2020
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Linocraft Printers Pte. Ltd
Linocraft Printers is expected to record a significant decrease in profit attributable to shareholders and Provides COVID-19 Update.
Due to rapid spread of the novel coronavirus disease (COVID-19), both Malaysia and the Philippines government have implemented measures including the lockdown in the countries in order to control the spread and reduce the scale of the infection. This has impacted the usual business activities of the countries and disrupted the daily operations of the Group.
6/10/2020
Source
Nordson Corp.
Nordson SELECT aids in COVID-19 ventilator board manufacturing
East/West Manufacturing Enterprises installs Nordson SELECT Cerno 103IL selective soldering system for ventilator board production.
6/10/2020
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VXI Global Solutions, LLC.
VXI China’s Remarkable Response to COVID-19.
In early 2020, as the novel coronavirus spread first in China and then around the world, VXI China took the lead preparing our global workforce for the extraordinary situ­ation. VXI China President Charlie Liu as well as VXI Co-Founders David Zhou and Eva Wang formed a work team to address the crisis and also developed communications plan to assure clients, employees, and stakeholders of VXI’s three priorities: employee health, business conti­nuity, and strategic long-term support.
6/10/2020
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CVS Health Corp.
CVS maintains 2020 earnings guidance despite COVID-19 concerns.
Members of CVS Health Corporation’s (the “Company’s”) senior management team are scheduled to meet with investors during the remainder of June 2020. During the meetings, while continuing to acknowledge the inherent and unprecedented uncertainty surrounding the ongoing coronavirus disease 2019 (“COVID-19”) pandemic and its impact, the Company intends to disclose that its full year 2020 GAAP diluted earnings per share (“EPS”) guidance range of $5.47 to $5.60, its full year 2020 Adjusted EPS (1) guidance range of $7.04 to $7.17 and its full year 2020 cash flow from operations guidance range of $10.5 billion to $11.0 billion remain unchanged. Given the likelihood of significant variability in the impact of COVID-19 on its financial statement line items (and related ratios), as previously disclosed on May 6, 2020, in connection with its announcement of its first quarter 2020 results, the Company withdrew all other previously issued 2020 additional detailed guidance. The Company’s full year 2020 Adjusted EPS guidance does not include any other adjustment items beyond those reported in the Company’s first quarter 2020 earnings press release.
6/10/2020
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Reunert Limited
Reunert Provides Operational update and trading statement regarding the spread of COVID-19 outbreak.
Reunert is in the process of finalising its interim financial results (“Results”) for the six month period ended 31 March 2020. The board of directors of Reunert (“Board”) will consider and is expected to approve the Results on 17 June 2020, for publication on SENS on 18 June 2020.
6/10/2020
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Sandvik AB
Sandvik AB Announces update regarding Operational Status at its precision tube site in Werther, Germany, amid the COVID-19 pandemic.
The corona pandemic drove Sandvik’s tube site in Germany to go fully digital in only two days, a change that normally would have taken five years. A flatter, more efficient organization and improved flexibility make it a production model for the future.
6/10/2020
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Balluff GmbH
Balluff Swings to loss in revenue in the first quarter of 2020 and Adopts operational measures at sites to curb the spread of COVID-19 pandemic
The current global economic uncertainty and transformation processes in key industries can be felt at automation specialist Balluff from Neuhausen, Germany: The total revenue in the 2019 financial year fell by 3.9 percent to EUR 469 million.
6/10/2020
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Delta Air Lines Inc.
Delta Air Lines Predicts to Swing to Loss for the second quarter ended June 30, 2020 and its Operations could be negatively affected by the outbreak of COVID-19 pandemic.
The rapid spread of COVID-19, as well as the measures governments and private organizations have implemented in order to stem the spread of this pandemic, have had, and are continuing to have, a material adverse effect on the demand for worldwide air travel, and consequently upon our business.
6/10/2020
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Cohort plc
Cohort Provides update regarding Business Continuity amid the spread of COVID-19 pandemic.
The Covid-19 pandemic has had a major impact on all our lives and wellbeing, and my sympathies lie with those who have personally been affected. Since the beginning of the crisis the welfare of our employees has been our paramount concern, and we have also remained committed to supporting our customers and partners.
6/10/2020
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MISUMI Group Inc.
MISUMI Announces response to the spread of COVID-19 pandemic, as of June 10, 2020.
We will normalize some services that were being suppressed as a response to the new coronavirus emergency measures, although in stages.
6/10/2020
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Wipro Limited
Wipro Provides update regarding Business Continuity Status amid the spread of COVID-19 pandemic, as of June 10, 2020.
Wipro is monitoring this evolving pandemic round-the-clock and modulating its response to best serve our employees and our clients. On April 1, 2020, Wipro and the Azim Premji Foundation committed USD 154 million to help the medical and service fraternity who're at the frontline of the battle against COVID-19, and to mitigate its wide-ranging human impact, particularly on the most disadvantaged of our society. The Press Release and a detailed action plan can be found here.
6/10/2020
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ABB Ltd
ABB CEO Targets Profitability as COVID-19, Oil Price Slump Bite
ZURICH — ABB will focus on profitability before growth, Chief Executive Bjorn Rosengren said on Wednesday, as the Swiss engineering group tackles weaker demand caused by the COVID-19 pandemic and the drop in oil prices.
6/10/2020
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The Boeing Company
Boeing aircraft cancellations continue to outpace new orders
Boeing logged orders for new freighter planes in May, but cancellations continued to outpace new business as the coronavirus roils the air travel industry.
6/9/2020
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BYD Company Ltd.
BYD scores U.S. approval for N95 masks
BYD (OTCPK:BYDDY) will finally be able to fulfill a much-needed $1B mask contract with California after weeks of delays over federal certification.
6/9/2020
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Uber Technologies Inc.
Uber’s Middle East Unit Careem Sees Recovery After 80% Slump
Careem Inc.’s ride-hailing business started to recover as governments in the Middle East began easing transportation restrictions following weeks of lockdown due to the coronavirus pandemic.
6/9/2020
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SeaChange International, Inc.
SeaChange International Provides update regarding COVID-19 pandemic.
Due to the ongoing effects of the coronavirus disease 2019 (“COVID-19”), SeaChange International, Inc., a Delaware corporation (the “Company”), is filing this Current Report on Form 8-K to avail itself of an extension to file its Quarterly Report on Form 10-Q for the period ended April 30, 2020 (the “Quarterly Report”), originally due on June 9, 2020, relying on an order issued by the Securities and Exchange Commission (the “SEC”) on March 25, 2020, pursuant to Section 36 of the Securities Exchange Act of 1934, as amended (Release No. 34-88465) (the “Order”) regarding exemptions granted to certain public companies.
6/9/2020
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Vishay Intertechnology, Inc.
Vishay Intertechnology Provides update on the operational status at its manufacturing facilities amid the spread of COVID-19 pandemic, as of June 9, 2020.
Following up on our letter of May 12th, the following is an update on the operational status of Vishay’s manufacturing facilities as a result of the Covid-19 pandemic. As of today, Vishay factories in the following countries continue to experience some level of significant production disruption
6/9/2020
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Horiba Ltd.
Horiba May Swing to loss for fiscal 2020, due to the impact of COVID-19 pandemic.
HORIBA, Ltd. hereby announces the consolidated earnings forecasts and dividend forecasts for the fiscal year ending December 2020 (January 1, 2020 to December 31, 2020), which had not been estimated, as follows.
6/9/2020
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Best Buy Co., Inc.
Best Buy reopening 800 closed stores with coronavirus safety measures.
MINNEAPOLIS, June 9, 2020 -- Best Buy Co., Inc. (NYSE: BBY) today announced that customers soon will be able to safely and freely shop at the majority of our stores without an appointment. Starting June 15, more than 800 locations across the country will begin allowing a limited number of people inside. We’ll also continue to offer contactless curbside pickup and in-store consultations for those who prefer to shop that way.
6/9/2020
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Amazon.com, Inc.
Amazon Facility in Germany Linked to Coronavirus Cluster, Reports Say
MOSCOW (Sputnik) - A coronavirus outbreak in Germany has been traced to an Amazon logistics centre in the central Hessian town of Bad Hersfeld, media said on Tuesday.
6/9/2020
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Yokowo Co., Ltd.
Yokowo Provides Update regarding the operational status at Tomioka Factory, as of June 9, 2020.
Our company's Tomioka Factory Business Building on June 5, 2020, “About the outbreak of new coronavirus in our company” and “On our outbreak of new coronavirus in our company (2nd report)” dated June 8th. I have notified you of the infection of a new coronavirus by one employee working at the company and its progress, and as a follow-up report (3rd report) as of 9:00 am today on June 9, the following information will be provided. The underlined part is what is newly announced in this third report.
6/9/2020
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Franz Binder GmbH & Co. Elektrische Bauelemente KG
Franz Binder Provides update regarding COVID-19 pandemic, as of June 9, 2020.
SARS-CoV-2 affects the entire world and has serious consequences for the economy and life of everyone.
6/9/2020
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Government of Singapore
Singapore government ups ICT spending by 30% to fuel post-pandemic recovery, digital transformation
The Singapore government plans to increase its ICT spend by 30% in its fiscal 2020 to SG$3.5 billion ($2.52 billion), as it looks to fuel the adoption of digital technologies and help businesses recover from the COVID-19 pandemic. Small and midsize businesses (SMBs), in particular, will be able to participate in 80% of such procurement opportunities.
6/9/2020
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Kaschke Components GmbH
Kaschke Components Announces statement on its Production Status amid COVID-19 outbreak, as of June 9, 2020.
we are pleased that we could stick to our amitious ramp-up plan in all our Tunisian production siteswithout any interference in the past week as well. Also the infection rates in Tunisia are still on a pleasing low and stable level. From this week on we can refer to approximately 90% of our production capacity. We feel reassured in the path we have taken and consider our thoughtful and circumspect approach for our employees, in consequence also for our customers, as the only appropriate to ensure a sustainably stable situation.
6/9/2020
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Samwha Capacitor Group
Samwha Capacitor Provides update regarding Business Operational Status at its Asian sites amid COVID-19 pandemic, as of June 9, 2020.
We would like to inform you current operating situation of China factory Our China factory re-opened on 21st Feb, but not fully operated yet.
6/9/2020
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Nokia Corporation
Nokia's broadband business boosted as COVID-19 pressures networks
(Reuters) - Finnish telecom equipment maker Nokia is seeing a pick up in orders as its broadband clients race to upgrade networks to meet higher user demand during the COVID-19 pandemic, a company executive said.
6/8/2020
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Google Inc.
Google Maps to alert users about COVID-19-related travel restrictions
(Reuters) - Google is adding features on its Maps service to alert users about COVID-19-related travel restrictions to help them plan their trips better, the Alphabet Inc unit said on Monday.
6/8/2020
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FLIR Systems Inc.
FLIR Systems Launches FLIR Screen-EST Software to Improve Skin Temperature Screening for COVID-19
ARLINGTON, Va.--(BUSINESS WIRE)--FLIR Systems, Inc. (NASDAQ: FLIR) today announced the FLIR Screen-ESTTM software for FLIR T-Series, Exx-Series, and A-Series thermal imaging cameras. The software provides automatic measurement tools that perform elevated skin temperature screenings of individuals in two seconds or less at entries, checkpoints, and other high-traffic areas while maintaining recommended social distancing guidelines.
6/8/2020
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Yokowo Co., Ltd.
Yokowo Provides update regarding the outbreak of new coronavirus infection at its sites, as of June 8, 2020.
As of June 5, 2020, “We have a new coronavirus infection in our company” We have announced about the infection of a new type of coronavirus by one employee working in the office building of the Oka Factory. We would like to inform you of the following as today's follow-up report as of 9:00 am on June 8th.
6/8/2020
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Aaron’s, Inc.
Aaron's Issues Upbeat Second-Quarter View Amid Coronavirus.
ATLANTA, June 8, 2020 /PRNewswire/ -- Aaron's, Inc. (NYSE: AAN), a leading omnichannel provider of lease-purchase solutions, today provided a business update in connection with the disruption caused by the COVID-19 pandemic.
6/8/2020
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Didi Chuxing
Didi Chuxing CEO says ride sharing orders recover to pre-pandemic levels
BEIJING/SHANGHAI (Reuters) - Didi Chuxing, China’s biggest ride-hailing company which counts SoftBank as a backer, saw its ride sharing orders in China this month recover to levels seen over the same period a year earlier, its founder and Chief Executive Cheng Wei said.
6/8/2020
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Hyundai Motor Company
Hyundai, Kia to extend suspension of S. Korean plants
Hyundai Motor Co. and its affiliate, Kia Motors Corp., South Korea's two biggest carmakers, said Monday they will extend the suspension of their domestic plants due to disrupted exports amid the new coronavirus outbreak.
6/8/2020
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Sirius XM Holdings Inc.
Sirius XM Provides notice regarding developments relating to the impact of the COVID-19 pandemic on Business Operational status.
In general, the COVID-19 pandemic, coupled with government issued stay-at-home orders, is having a widespread and broad reaching effect on the economy. Beginning in late March, automakers idled plants, and certain auto dealers closed their retail operations. New and used vehicle sales have declined, sporting events have been cancelled, theaters are closed and concerts have been postponed indefinitely. The impact of the COVID-19 pandemic on the travel industry has been far-reaching, adversely affecting airlines, hotels, cruise ships and theme parks. Unemployment is at historic rates as non-essential businesses have been closed and workers have been furloughed. Media spending by businesses has dropped sharply. While regions of the United States have begun the early phases of reopening, which include the resumption of production for most automakers and the reopening of many auto dealer locations, it is unclear what an economic recovery will look like after this historic shutdown of the economy.
6/8/2020
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S&C Electric Company
S&C Electric Provides update regarding COVID-19 pandemic, as of June 8, 2020.
S&C’s reputation has been built on innovation, and with COVID-19 dominating these past few months, I’ve seen how our mindset of innovation has carried us through the changes we’ve made in response to this pandemic. It’s allowed us to stay nimble and be able to meet the needs of our customers in both the short term and the long term.
6/8/2020
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Transcat, Inc.
Transcat Remains in operation amid the spread of COVID-19 pandemic.
Service segement is our primary growth engine and Leverage techonology to increase productivity
6/8/2020
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Spira Manufacturing Corp
Spira Manufacturing Remains Open as an Essential Business.
Spira is taking all necessary precautions and measures to maintain the highest levels of support to our customers while ensuring the health and well-being of our employees. We want to reassure you that we are remaining open for business as we are within the category of “essential business” – manufacturing to the supply chain of the DOD, DOE, and other government and commercial agencies specified in the orders from the CA Governor and Los Angeles Mayor.
6/8/2020
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Hologic, Inc.
Hologic Sees Q3 Diagnostics Revenue To Grow 20-25%, despite the impact of COVID-19 pandemic.
The financial outlook for Hologic, Inc. (“Hologic” or the “Company”) for the current fiscal third quarter has improved since April 29, 2020, when the Company reported its second quarter financial results and discussed the impact of the COVID-19 pandemic.
6/8/2020
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Realogy Holdings Corp.
Realogy Holdings Provides update regarding COVID-19 pandemic.
The time to close a homesale transaction can vary widely, from days to months, but under normal market conditions, the Company estimates based on its data that once a contract is signed (and becomes an open transaction), it takes an average of 45 to 50 days to close (and become a closed transaction), excluding contracts that terminate prior to closing. Includes all franchisees except for Realogy Brokerage Group.
6/8/2020
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Vitzrocell Co., Ltd.
Vitzrocell Remains in operation amid the spread of COVID-19 outbreak.
Vitzrocell wishes health and safety of all our stakeholders including customers, suppliers, Vitzrocell staff and their family members across the world, and business to be continued in sustainability.
6/8/2020
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Foxconn Electronics Inc.
Hon Hai sales hit record high for May
Taipei, June 6 (CNA) iPhone assembler Hon Hai Precision Industry Co. saw its sales hit the highest level ever for May, with market analysts attributing the growth to U.S. consumer electronics giant Apple Inc. launching global sales of the more affordable new iPhone SE.
6/6/2020
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ROHM Co., Ltd.
Rohm eyes Japan reshoring from China and Southeast Asia
TOKYO/KYOTO -- Japanese components makers are considering bringing more of the manufacturing process back home as factory automation reduces costs and pandemic-induced plant shutdowns abroad prompt them to rethink supply chains.
6/6/2020
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Tesla
Tesla and Amazon under fire as employees contract COVID-19
After Elon Musk branded COVID-19 lockdown laws as ‘fascist’ and reopened his California Tesla factory early, an employee at the company’s New York operation has reportedly tested positive for the virus.
6/5/2020
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AF Switchgear Ltd
AF Switchgear Provides Business Update regarding COVID-19 pandemic.
At AF Switchgear we have a dedicated Incident Response Management team under the umbrella name ‘AF irm’. As a result the team have produced a risk assessment to ensure our employees and visitors are working safely during the COVID-19 outbreak.
6/5/2020
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TAIYO CABLETEC
TAIYO CABLETEC will resume normal operations on June 8, 2020.
Canceled the business system that was changed after the emergency declaration announced on April 7, 2020, From June 8th, we will shift to normal operations
6/5/2020
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Delta Air Lines Inc.
Delta to suspend flying in select U.S. cities
Delta will suspend operations in 11 U.S. markets beginning July 8, 2020 while customer volume is significantly reduced to help lower costs as we mitigate the crisis due to COVID-19.
6/5/2020
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Yokowo Co., Ltd.
Yokowo Announces that one of its employee tested positive for Coronavirus at Yokoo Tomioka Plant.
Employees working in the office building of Yokoo Tomioka Plant (Tomioka City, Gunma Prefecture) on June 5, 2020 1 As a result, it was confirmed that the result of the PCR test for the new coronavirus was positive. Infected person occurs We will take the following actions in cooperation with the local public health center. In addition, The employee concerned does not engage in business that directly contacts the customer. [Future actions to prevent the spread of infection] ・Confirmation of the employee's behavior history and the employees who may have deep contact (*Since April, we have managed the activity history and temperature measurement results of all employees.) ・Home waiting instructions for employees who may be in heavy contact, and confirmation of progress of their health condition, Perform PCR test ・ Implementation of on-site disinfection work (scheduled on June 5 and June 6) At this time, infected persons have been confirmed in other offices, branches, and branches except the Tomioka factory office building. No, we are doing business as usual. We also work from home in the office building of the Tomioka Factory
6/5/2020
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Uber Technologies Inc.
Uber Resumes Services In India, as of June 5, 2020.
In compliance with Unlock 1.0 guidelines by the Government, Uber has resumed services across many more cities in India. Riders will constantly be notified with further information and the status of specific cities through our app.
6/5/2020
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TE Connectivity Ltd.
TE Connectivity Provides Business Operational Update regarding COVID-19 pandemic, as of June 5, 2020.
In our Americas region, our Mexican operations, all manufacturing sites continue to operate in full or limited to further essential product lines. We expect approval for sites subject to governmental restrictions, to move to full operations on June 1st. Our U.S. and Canadian manufacturing and distribution centers continue to operate on normalized operations.
6/5/2020
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Larsen & Toubro Ltd.
Despite the impact of COVID-19 pandemic, Larsen & Toubro Achieved high revenue for the year ended March 31, 2020.
Larsen & Toubro recorded Consolidated Gross Revenue of ₹ 145,452 crore from continuing operations for the year ended March 31, 2020, achieving y-o-y growth of 8%. The International revenue during the year at ₹ 48,467 crore constituted 33% of the total revenue.
6/5/2020
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Bufab AB
Bufab AB Reports negative growth in May but Announces stable operations amid the spread COVID-19 pandemic.
Our priorities are to (1) Protect Health, (2) Protect Customers and (3) Protect Bufab. We have so far managed to avoid any significant impact on the health of our employees or our own operations, and to supply our customers without disruption throughout the crisis.
6/5/2020
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Leclanché SA
Due to the impact of COVID-19 pandemic, Leclanché reports a high loss for 2019 and provides key financial updates.
Strategic Reorganization underway, in partnership with Eneris Group, sets a clear path to deliver profitable growth
6/5/2020
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Super Micro Computer, Inc.
Supermicro unscathed by virus, while gearing up for 5G boom.
Supermicro, a major provider of servers, storage and networking solutions, has seen its business unscathed by the coronavirus pandemic, and is doubling down its efforts to prepare gears for the upcoming 5G opportunities, according to company president and CEO Charles Liang.
6/5/2020
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Largan Precision Co. Ltd.
Largan May sales down 17% month-on-month; June may remain slow
Taipei, June 5 (CNA) Largan Precision Co., a supplier of smartphone camera lenses to Apple Inc., said Friday that its sales for May fell 17 percent from a month earlier, with market analysts attributing the decline to the impact of the COVID-19 pandemic.
6/5/2020
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CMA CGM Group
CMA CGM Remains in Operation amid the spread of COVID-19 pandemic, as of June 5, 2020.
The current COVID-19 Outbreak is affecting the whole supply chain worldwide, raising potential major challenges.
6/5/2020
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Toshiba Corporation
Toshiba forecasts annual profit drop vs rise expected, limited virus impact
TOKYO (Reuters) - Toshiba Corp forecast on Friday a 15.7% drop in annual operating profit compared with expectations of a small rise in profit, even as a recent portfolio overhaul helps the industrial conglomerate limit the impact of the coronavirus outbreak.
6/5/2020
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Perceptron, Inc.
Perceptron Reports Q3 Loss, Lags Revenue Estimates and Provides COVID-19 Business Update.
We continue to monitor the potential impact of COVID-19 on our operations, customer and supply chain .
6/5/2020
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Broadcom Inc.
Broadcom Suggests New iPhone Launch Will Be Delayed
(Bloomberg) -- Broadcom Inc., a major Apple Inc. supplier, suggested the latest iPhones will be launched later than usual this year.
6/4/2020
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OMMIC SAS
OMMIC Resumes normal Business Operations.
After a two months lockdown, we thought it was time to give you some update on our activities, so here is a sneak preview of the upcoming weeks.
6/4/2020
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Saunders Construction Inc
Saunders Construction Provides Business Update regarding COVID-19 pandemic, as of June 4, 2020.
As a construction manager/general contractor, the health, safety and well-being of our employees, customers and business partners will always be the top priority. Saunders is taking a conscientious and collaborative approach to prevention and necessary caution to help address the public health concern related to the coronavirus disease (COVID-19). We have taken actions to safeguard our business operations. We send well wishes to anyone affected by COVID-19.
6/4/2020
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Souriau
Souriau Provides statement on Business Continuity Status amid the impact of COVID-19 outbreak.
As a follow-up of our previous message, we would like to provide you some updates on the business continuity management plans deployed across our organization in order to cope with the impact of Covid19 crisis and mitigate the associated risks. We have deployed the new common EHS rules and adapt the workshops organization in all our manufacturing sites to this unprecedented situation.
6/4/2020
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Season Group
Season shared Best Practices against COVID-19 with its business partners.
At Season,we take our rule as your trusted partner to heart.
6/4/2020
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Kyowa Interface Science
Kyowa Interface Provides Business Update regarding COVID-19 pandemic as of June 4, 2020.
Customers and suppliers Dear at the beginning, the new coronavirus infection everyone that is affected with (COVID-19), and associated you heartily to our engagement party.
6/4/2020
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TOTAL S.A.
Total Remains in operation amid COVID-19 pandemic.
During the Covid-19 epidemic, Total’s sites and service stations are on the front line to guarantee mobility and safety for all. In all the places where we put our expertise to good use, we are ensuring business continuity while complying with the most stringent safety standards. As an example, read how we’re managing health restrictions at our Morainvilliers and Gargenville sites in France. With operations all over the world, Total is doing its part alongside the women and men working every day in all corners of the globe to fight the virus.
6/4/2020
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eBay Inc.
eBay Lifts Q2 Guidance Amid Coronavirus Pandemic.
eBay Inc. (Nasdaq: EBAY), a global commerce leader that connects millions of buyers and sellers around the world, today is announcing that its business is performing significantly better than expectations shared in its earnings release on April 29, 2020. Due to the magnitude of this change, eBay is providing the following information as a one-time update:
6/4/2020
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Ford Motor Company
Ford delays return-to-work plans for salaried employees until September
Ford Motor said Thursday it is delaying plans for salaried workers to begin returning to offices in late June until September.
6/4/2020
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Ciena Corporation
Despite the impact of COVID-19 pandemic, Ciena Corporation Achieved high revenue for Fiscal Second Quarter 2020 Financial Results.
HANOVER, Md.--(BUSINESS WIRE)-- Ciena® Corporation (NYSE:CIEN), a networking systems, services and software company, today announced unaudited financial results for its fiscal second quarter ended May 2, 2020.
6/4/2020
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Holland Colours NV
Holland Colours Achieved high revenue for the financial year 2019/2020 and Provides COVID-19 Business Update.
Holland Colours, a global colorants producer with strong footholds in the building & construction and packaging markets reports.
6/4/2020
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Anthem, Inc.
Anthem Reaffirms Commitment to Consumers, Care Providers and Communities during COVID-19 Pandemic.
INDIANAPOLIS--(BUSINESS WIRE)--Jun. 4, 2020-- Throughout the response and the ongoing recovery to COVID-19, Anthem is proud to lead with our commitment to improving lives and communities, serving as a trusted partner and resource to consumers and care providers in the communities where we live and work. To that end, Anthem is providing $2.5 billion of financial assistance to ease the burden COVID-19 is placing on our affiliated health plans’ consumers and employer customers, care providers and nonprofit partners across the country. Anthem is addressing this crisis and delivering solutions to support individuals and communities with affordable, accessible care and lasting relief and recovery.
6/4/2020
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Intelsat S.A.
Intelsat Announces Financial Results for Q1, 2020 and Provides COVID-19 Business Update.
LUXEMBOURG--(BUSINESS WIRE)--Jun. 4, 2020-- Intelsat S.A. (OTC: INTEQ), today announced financial results for the three months ended March 31, 2020.
6/4/2020
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IDT Corporation
IDT Corporation Reports Third Quarter Fiscal Year 2020 Results and Provides COVID-19 Business Update.
NEWARK, N.J., June 4, 2020 /PRNewswire/ -- IDT Corporation (NYSE: IDT) reported net income per diluted share of $0.02 and Non-GAAP earnings per diluted share* of $0.08 on revenue of $321.3 million for the third quarter of FY 2020, the three months ended April 30, 2020.
6/4/2020
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Deutsche Post AG
Deutsche Post Provides Business Update regarding COVID-19 pandemic.
Numerous charter flights and rail consignments along the New Silk Road safeguard the supply of test kits, protective equipment, and medical products.
6/4/2020
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International Rectifier Corp.
International Rectifier Provides update on Business Operational Status in the United States amid the spread of COVID-19.
On March 19, 2020, International Rectifier HiRel Products, Inc. (“IR HiRel”) provided you with a notice that operations at our factories in San Jose, CA and Leominster, MA were adversely affected by the shelterin-place orders issued by the respective local governments (see attached). While California announced on May 7, 2020 that it was relaxing certain state restrictions, the Santa Clara County Shelter-in-Place Order remains in effect, and all persons and businesses in Santa Clara County must comply with the County Order.
6/4/2020
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Redwood Technologies Ltd
Redwood Technologies Provides Business Continuity Update regarding COVID-19 outbreak.
Redwood Technologies Group and subsidiary companies (including Content Guru) are fully aware of the critical importance that the storm® platform, DNX® platforms and services play in delivering vital communications for your customers. Keeping your organisation working is our top priority and with the rapidly evolving situation regarding COVID-19 we wanted to update you on the actions we are taking.
6/4/2020
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Broadcom Inc.
Despite the impact of COVID-19 pandemic, Broadcom Q2 Earnings and Revenues Surpass Estimates.
SAN JOSE, Calif., June 4, 2020 /PRNewswire/ -- Broadcom Inc. (Nasdaq: AVGO), a global technology leader that designs, develops and supplies semiconductor and infrastructure software solutions, today reported financial results for its second quarter of fiscal year 2020, ended May 3, 2020, provided guidance for the third quarter of its fiscal year 2020 and announced its quarterly dividends.
6/4/2020
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DS Smith Plc
DS Smith Remains in operation amid the spread of COVID-19 pandemic.
The safety of our people is our first priority and we are working closely with local and national governments to ensure we comply with any guidance introduced at a regional or national level.
6/4/2020
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Lotte
Lotte's Response on the spread of COVID-19 pandemic.
The COVID-19 incident in Korea began back in January, and came the first wave of the epidemic in mid-February due to a mass cluster infection. The country was once on high alert as new cases soar above one thousand, and recently spikes are reported in new infections resulting from the relaxed social distancing guidelines. However, the country appears to have brought the spread of the virus under control thanks to an extensive ‘trace, test and treat’ program conducted by the Korean government and Korea Center for Disease Control and Prevention (KCDC). As of June 3rd, the nationwide infection reach 11,590 with 273 deaths. Meanwhile, 51 cases are reported among 230,000 LOTTE employees across the globe.
6/4/2020
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ArcBest Corp.
ArcBest Announces that COVID-19 negatively impact the financial results for Q2, 2020.
There were 21.5 working days in April 2020 and 20 working days in May 2020 compared to 21.5 and 22 working days in the same prior year periods, respectively. There will be 63.5 working days in the second quarter of 2020 which is the same as in second quarter 2019.
6/4/2020
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Specialist Computer Centres (SCC)
SCC Provides Business Update regarding COVID-19 pandemic.
Throughout the Covid-19 pandemic, SCC has been working tirelessly to keep our customers operational. With many of SCC’s employees working from home, in accordance with social distancing guidelines published by the Government and health authorities, some of our most important roles have remained on-site, both at SCC premises across the UK and visiting customers when absolutely necessary.
6/4/2020
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Photronics, Inc.
Photronics Reports Financial Results for Q2, 2020 and Provides COVID-19 Business Update.
We continue to monitor the potential impact of COVID-19 on our supply chain.
6/4/2020
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ALPS ALPINE CO., LTD.
ALPS ALPINE Announces the impact of COVID-19 on Financial Results Forecasts and Dividend Forecast for the Fiscal Year Ending March 31, 2021.
We hereby announce, as follows, details regarding the financial results forecasts and dividend forecast for the fiscal year ending March 31, 2021 (April 1, 2020 to March 31, 2021), which were left undetermined in our Consolidated Financial Results for the Fiscal Year Ended March 31, 2020 released on May 8, 2020.
6/4/2020
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YAGEO Corporation
Yageo Reported 2020 May Consolidated Sales of NT$ 4,486 Million and Provides COVID-19 Business Update.
Yageo Corporation announced today its 2020 May consolidated sales of NT$ 4,486 million, up 1.0% m-o-m and up 37.6% y-o-y, respectively. The YTD sales reached NT$ 18,947 million, up 5.8% y-o-y.
6/4/2020
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PARPRO CORPORATION
PARPRO is open for business amid the spread of COVID-19 pandemic.
As the country starts to slowly reopen, we are starting to see the impact that COVID-19 has created for OEM and CM supply chains worldwide. Some companies won’t make it, while others will be forced to review their supply chain resilience in order to mitigate risks moving forward.
6/3/2020
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MINEBEA MITSUMI Inc.
MINEBEA MITSUMI Announces the impact of COVID-19 pandemic on Financial Results for the FY3/2020.
During the fiscal year under review, the Japanese economy fell into decline. From the beginning of the fiscal year, overseas economies decelerated, and automobile sales fell both in Japan and abroad, while exports and capital investment decreased sharply in response to the spread of the new coronavirus from the fourth quarter.
6/3/2020
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Guidewire Software, Inc.
Guidewire Software Q3 Earnings and Revenues Top Estimates and Provides COVID-19 Business Update.
Guidewire Software, Inc. (NYSE: GWRE), provider of the industry platform Property and Casualty (“P&C”) insurers rely upon, today announced its financial results for the fiscal quarter ended April 30, 2020.
6/3/2020
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Comtech Telecommunications Corporation
Comtech Telecommunications Reports Financial Results for the Fiscal 2020 Third Quarter and Provides COVID-19 Business Update.
MELVILLE, N.Y.--(BUSINESS WIRE)-- June 3, 2020-- Comtech Telecommunications Corp. (NASDAQ: CMTL) today reported its operating results for its third fiscal quarter ended April 30, 2020 and provided an update on business developments.
6/3/2020
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Ryder System Inc.
Amid the outbreak of COVID-19 pandemic, Most all of Ryder’s locations and operations have remained open for business.
MIAMI--(BUSINESS WIRE)-- Ryder System, Inc. (NYSE: R), a leader in supply chain, dedicated transportation and commercial fleet management solutions, continues to support customers by establishing pop-up fleets and meeting the increased demand for the warehousing, distribution and final mile delivery of essential goods. To further support the flow of goods and services required in the ongoing fight against COVID-19, Ryder is also making long-term rental contracts available and redirecting assets and personnel.
6/3/2020
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Gilat Satellite Networks Ltd.
Gilat Satellite Networks Announces that COVID-19 negatively impact its Financial Results for Q1, 2020.
Petah Tikva, Israel – June 3, 2020 – Gilat Satellite Networks Ltd. (NASDAQ, TASE: GILT), a worldwide leader in satellite networking technology, solutions and services, today reported its results for the first quarter ended March 31, 2020.
6/3/2020
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Samtec
Samtec Provides Coronavirus Update and Service Recovery Progress, as of June 3, 2020.
Please note that the end of our Past Due Backlog catch-up period is ending next week on June 8 th, we are on track with that portion of our recovery efforts. We will have “some” expedite flexibility for critical needs but we don’t expect to be back to “normal expedite flexibility” until August due to the continued gap between bookings and output/shipments.
6/3/2020
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Isahaya Electronics Corporation
Isahaya Electronics Provides Business Update regarding COVID-19 as of June 3, 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 Monday, June 1.
6/3/2020
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Quality Manufacturing Services, Inc.
Quality Manufacturing Services Remains fully operational amid COVID-19 pandemic, as of June 3, 2020.
The safety of our associates and customers will always be the top priority at QMS, as we remain fully operational serving our business partners and our community.
6/3/2020
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Sumitomo Electric Industries, Ltd.
Sumitomo Electric Industries Provides COVID-19 Business Report And Consolidated Financial Statements.
The world economy generally maintained its moderate expansion trend until the third quarter due to, e.g., a steady economic recovery in the U.S. However, since January this year, COVID-19 became a worldwide pandemic; and economic activities sharply declined. Regarding the Japanese economy as well, although personal consumption recovered in the first half due to improvement of, e.g., the employment environment, nevertheless due to the consumption tax rate increase in October last year, consumer expenditure began to decline.
6/3/2020
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Old Dominion Freight Line Inc.
Old Dominion Freight Line Reports Financial Results for Q2, 2020 and Provides COVID-19 Business Update.
THOMASVILLE, N.C.--(BUSINESS WIRE)-- Old Dominion Freight Line, Inc. (Nasdaq: ODFL) today reported certain less-than-truckload (“LTL”) operating metrics for May 2020. Revenue per day decreased 16.2% as compared to May 2019 due to a 12.1% decrease in LTL tons per day and a decrease in LTL revenue per hundredweight. The change in LTL tons per day was attributable to a 16.7% decrease in LTL shipments per day that was partially offset by a 5.4% increase in LTL weight per shipment. For the quarter-to-date period, LTL revenue per hundredweight and LTL revenue per hundredweight excluding fuel surcharges decreased 4.7% and 1.4%, respectively, as compared to the same period last year.
6/3/2020
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Uber Technologies Inc.
Uber’s Ride-Hailing Recovery Comes Slowly With Business Down 70%
Uber Technologies Inc.’s global rides business is down 70% from last year, a slight improvement from its low point in the coronavirus pandemic but an indication that recovery will come slowly.
6/3/2020
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Showa Chemical Industry Co Ltd
Showa Chemical Industry Announces response regarding the cancellation of emergency declaration in Japan.
We would like to express our deepest sympathies and condolences to those who died of the new coronavirus infection. In addition, we would like to express our deepest sympathies to the affected people and their families, and we would like to express our sincere gratitude to all those involved, such as medical staff, who are on the front line regardless of day or night
6/3/2020
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Okita Works Co., Ltd.
Okita Works Provides Response regarding COVID-19 outbreak, as of June 3, 2020.
We would like to extend our deepest sympathies to all those affected by the new coronavirus, including those who have suffered from pneumonia.
6/3/2020
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Raytheon Company
Raytheon Bosses Get Merger Windfall Amid Furloughs, Pay Cuts
(Bloomberg) -- Raytheon Technologies Corp. Chief Executive Officer Greg Hayes spent weeks delivering grim news to employees about furloughs, pay cuts and hiring freezes as the coronavirus pandemic ravaged the economy.
6/2/2020
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Foxconn Electronics Inc.
Foxconn audit report delayed two months
An audit of Foxconn’s 2019 jobs report has been put off until mid-July, with the auditors blaming the state’s COVID-19 pandemic conditions, according to the Wisconsin Economic Development Corp.
6/2/2020
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Ohmite Mfg. Co.
Ohmite Mfg Provides update regarding Business Operational Status amid COVID-19 pandemic as of June 2, 2020.
An update on the operational status of Ohmite Mfg’s manufacturing facilities.
6/2/2020
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Acco Brands Corp.
ACCO Brands Corporation is providing an update about its business given the uncertainty related to COVID-19.
April and May sales were in line with the company’s expectations, with substantial growth from April to May from North America back-to-school shipments. In North America, shipments to retailers, e-tailers, and the tech channel were much stronger than sales to the business-to-business market. The lockdowns in Europe and Australia have been eased, and shipments in those areas increased sequentially from April to May. Asia has shown the smallest sales decline of any region compared with last year. Latin America is effectively closed, and the company expects little change there until the third quarter.
6/2/2020
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SHI Canada
SHI's Response to COVID-19 regarding Facilities Status and Employees.
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.
6/2/2020
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Microchip Technology Incorporated
Microchip Technology Updates Financial Guidance For First Quarter Fiscal 2021 and Provides COVID-19 Business Update.
CHANDLER, Arizona – June 2, 2020 - (NASDAQ: MCHP) – Microchip Technology Incorporated, a leading provider of smart, connected and secure embedded control solutions, today updated the range of its prior guidance for net sales and GAAP and non-GAAP earnings per share for its fiscal first quarter of 2021 ending June 30, 2020. Microchip now expects consolidated net sales for the June quarter to be $1.247 billion to $1.326 billion, or between flat and down 6% sequentially with a mid-point of down 3.0%.
6/2/2020
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Stratasys Ltd.
Due to the impact of COVID-19 outbreak, Stratasys Announces Strategic Resizing to Accelerate Growth.
EDEN PRAIRIE, Minn. & REHOVOT, Israel--(BUSINESS WIRE)-- Stratasys Ltd. (NASDAQ: SSYS) today announced that it is reducing its global workforce as part of a strategic plan to accelerate growth with a leaner operating model. This resizing, advanced sooner due to the impact of COVID-19, will affect approximately 10% of employees, and is designed to reduce operating expenses as part of a cost realignment program to focus on profitable growth.
6/2/2020
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Fujikura Ltd.
Due to the impact of COVID-19 outbreak, Fujikura Postpones the disclosure of Consolidated Financial Results of Fiscal Year Ending March 31, 2020.
Fujikura Ltd. (hereinafter referred to as "The Company") decided on the schedule for disclosure of consolidated financial results of fiscal year ending March 31, 2020 and on setting the record date for the 172nd Annual General Meeting of Shareholders (hereinafter referred to as "The Shareholders’ Meeting") at the Meeting of the Board of Directors held today
6/2/2020
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Hyundai Motor Company
Hyundai Steel halts production at Dangjin works
Hyundai Steel, South Korea's No. 2 steelmaker, said Tuesday that its has halted production of its electric arc furnace plant on South Korea's western coast due to weak demand.
6/2/2020
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APL Logistics
APL Logistics Announces Business Update regarding COVID-19 pandemic.
India: The lock down restrictions will continue in containment zones* through June 30. For areas outside of the containment zones, lifting of the lock down will begin in phases (article here). Please note that the containment zones are periodically changing and updated, refer to below links for further updates. Our current operations remain unchanged.
6/2/2020
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Tata Motors Limited
Tata Motors resumes operations across all manufacturing plants.
New Delhi, Jun 2 () Tata Motors on Tuesday said it has resumed operations across all its manufacturing plants in the country.
6/2/2020
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Tata Motors Limited
Tata Motors Provides update regarding Business Continuity Status amid COVID-19 outbreak, as of June 2, 2020.
Pursuant to SEBI Circular No. SEBI/HO/CFD/CMD1/CIR/P/2020/84 dated May 20, 2020 and with reference to our letters no 15941 and 16001 dated March 6, 2020 and May 14, 2020 respectively, enclosed herewith is a disclosure on material impact of COVID–19 pandemic on the Company under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the content of which is self-explanatory.
6/2/2020
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CSE Global Ltd.
Despite the impact of COVID-19 pandemic, CSE Global Achieved high revenue in Q1, 2020.
Singapore, 2 June 2020 – CSE Global Limited (“CSE” or the “Group”) announced today its interim business updates for the first quarter ended 31 March 2020 (“1Q2020”).
6/2/2020
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Sandvik AB
Sandvik AB President and CEO Stefan Widing Provides response to COVID-19 pandemic.
Stefan Widing’s first months as President and CEO of Sandvik have been eventful. The new coronavirus is affecting the whole community and Sandvik is fully focused on adapting its operations to the new conditions. But Stefan Widing is convinced that collaboration and hard work will successfully get the company through the pandemic.
6/2/2020
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NSK Ltd
NSK Announces the impact of COVID-19 Financial results for FY2019.
The dividends forecast for the fiscal year ending March 31,2021 is yet to be determined as it diffiuclt to predict the consolidated results as of now.
6/2/2020
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IEH Corporation
A Message from the President and CEO of IEH Corporation, regarding COVID-19.
To say these last several months have been challenging for us would be an understatement. As the COVID-19 pandemic coursed through New York City, IEH, as an Essential Supplier, remained open and operational. This could not have happened without the dedication, vigilance, and strong commitment to both safety and productivity of our entire workforce. I could not be prouder and more appreciative of each and every one of our IEH team members!
6/2/2020
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Kaschke Components GmbH
Kaschke Components Provides Update on Operational and Delivery Status amid the spread of COVID-19 outbreak.
we are pleased and delighted at the same time to announce that we are „on track“ with our re-start of production in our Tunisian factories and that we are implementing our ramp-up scenario until now without any considerable constraints and according to our expectations. As from today we can use >75% of our production capacity.
6/2/2020
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Apple Inc.
Apple reopening rest of Japan stores Wednesday
Apple (AAPL +0.5%) is set to reopen its remaining stores in Japan on Wednesday.
6/1/2020
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Apple Inc.
Apple Reopening Flagship Tokyo Stores as Japan Eases Restriction
Apple Inc. is set to reopen its biggest stores in Japan from midday on Wednesday, bringing its physical retail network back online in one of its biggest markets.
6/1/2020
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Thermon Group Holdings Inc.
Thermon Group Q4 Earnings Miss Estimates and Provides COVID-19 Business Update.
AUSTIN, TX / ACCESSWIRE / June 1, 2020 / Thermon Group Holdings, Inc. (NYSE:THR) (the "Company," "Thermon," "we" or "our") today announced consolidated financial results for the fourth quarter ("Q4 2020") and the fiscal year ended March 31, 2020 ("Fiscal 2020").
6/1/2020
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Aichi Tokei Denki Co Ltd
Aichi Tokei Denki Provides response to the lifting of emergency declaration in Japan.
Based on the government's declaration of the end of the emergency on May 25, the Company announced on June 1, The following will be supported.
6/1/2020
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Fluor Corp.
Fluor gift supports Idaho Red Cross during COVID-19
BOISE, Idaho (KIFI/KIDK) - Fluor Corporation has given the Red Cross of Idaho a $10,000 gift to support the organization’s work during the COVID-19 outbreak.
6/1/2020
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Taiwan Semiconductor Manufacturing Co., Ltd.
TSMC's 3nm process has been delayed and is expected to be available in 2021
Chipsets used by smartphones are getting smaller and smaller nowadays, with the current smallest being only 7nm and it's from Apple and Huawei. The reasons for making them so tiny are because the tinier the better for power efficiency and silicon area size. Earlier, the largest chipmaker TSMC has taken on the challenge by making a 3nm process and planned to release it by the end of 2020. However, it will now be delayed until early 2021 because of the pandemic.
6/1/2020
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The Walt Disney Company
Tokyo Disneyland and DisneySea extend closures
Despite the state of emergency lifted in Tokyo, Tokyo Disney (NYSE:DIS) theme park operator Oriental Land says Disneyland and DisneySea will remain closed for the time being.The parks were closed on Feb. 29 due to the coronavirus outbreak.
6/1/2020
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Satcom Direct Inc.
Satcom Direct's CEO Provides a letter regarding COVID-19 pandemic.
First and foremost, I hope that you and your families are safe and well during this unsettling and unprecedented time. We continue to monitor the situation around COVID-19, taking necessary steps to safeguard our employees and our continued operations and services. We remain committed to providing our customers and partners with best-in-class services and support around the globe, and our award-winning customer support continues to be fully staffed, 24/7.
6/1/2020
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Aramex International
Aramex International Provides Business Update regarding COVID-19 pandemic.
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.
6/1/2020
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Google Inc.
Google Helps Place Ads on Sites Amplifying Covid-19 Conspiracies
Google has taken aggressive action to scrub coronavirus conspiracies from its news service and YouTube, at a time when social media companies have come under intense scrutiny for their potential to spread dangerous disinformation about the global pandemic.
6/1/2020
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Hyundai Motor Company
Hyundai Motor sales dropped 39% in May
Hyundai (OTCPK:HYMLF) reports sales declined 39% Y/Y in May to 217,510 vehicles globally, due to COVID-19 impact.
6/1/2020
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Teikoku Tsushin Kogyo Co., Ltd.
Teikoku Tsushin Kogyo Extends telecommuting period due to the spread of COVID-19 pandemic.
I worked from home until the end of May, but at the following offices, I will inform you that I will continue to work from home.
6/1/2020
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Nomura Co Ltd
Nomura's Response to the cancellation of the emergency declaration as of June 1, 2020.
In response to the cancellation of the emergency declaration announced by the government, the Nomura Kogeisha Group will take the following actions. Changes from the May 18 version are shown in bold
6/1/2020
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Mitsubishi Gas Chemical Company, Inc.
Mitsubishi Gas Chemical Provides response to Preventing New Coronavirus Infection, as of June 1, 2020.
Mitsubishi Gas Chemical Co., Ltd. (Headquarters: Chiyoda-ku, Tokyo; President: Masashi Fujii) has a principle of "waiting at home (including working from home)" in order to reduce the infection risk of the new coronavirus, strengthen the infection spread, and prevent infection. However, following the national cancellation of the "Emergency Declaration" by the government, the following measures will be taken from June 1.
6/1/2020
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ORIENTAL MOTOR U.S.A. Corp.
ORIENTAL MOTOR U.S.A. Remains open amid the outbreak of COVID-19 pandemic as an Essential Business.
Oriental Motor U.S.A. Offices will be closed Friday, July 3, 2020 in observance of Independence Day.
6/1/2020
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Boyd Corporation
Boyd Corporation Supports the Delivery of 64,000 Face Shields to Illinois
PLEASANTON, Calif.--(BUSINESS WIRE)--Boyd Corporation, a global leader in engineered materials and thermal management solutions, announced the continued joint effort with The Coca-Cola Company and Makers Respond.org, a project of RESOLVE, to deliver critically needed medical face shields for healthcare workers battling the coronavirus pandemic in Illinois. Boyd Corporation is a name that carries nearly a century of commitment to technological evolution and responsiveness to customer needs – pivoting to help support global communities in response to urgent supply needs for medical professionals.
6/1/2020
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Perceptron, Inc.
Perceptron Announces Fiscal Third Quarter 2020 Results and Provides update on Business Operational Status amid COVID-19 outbreak.
PLYMOUTH, Mich., June 01, 2020 (GLOBE NEWSWIRE) -- Perceptron, Inc. (NASDAQ: PRCP), a leading global provider of 3D automated metrology solutions and coordinate measuring machines, today announced results for the three months ended March 31, 2020 (fiscal third quarter 2020).
6/1/2020
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Enersys
EnerSys Reports Fourth Quarter and Full Year Fiscal 2020 Results and Provides COVID-19 Business Update.
READING, Pa., June 01, 2020 (GLOBE NEWSWIRE) -- EnerSys (NYSE: ENS), the global leader in stored energy solutions for industrial applications, announced today results for its fourth quarter and full year of fiscal 2020, which ended on March 31, 2020.
6/1/2020
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EMBRAER SA
Embraer Reports earnings results for first quarter 2020 and Provides COVID-19 Business Update.
São Paulo, Brazil, June 1, 2020 - (B3: EMBR3, NYSE: ERJ). The Company's operating and financial information is presented, except where otherwise stated, on a consolidated basis including continuing and discontinued operations in United States dollars (US$) in accordance with IFRS. The financial data presented in this document as of and for the quarters ended March 31, 2020 (1Q20), December 31, 2019 (4Q19) and March 31, 2019 (1Q19), are derived from the unaudited financial statements, except annual financial data and where otherwise stated.
6/1/2020
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ERNI Electronics
ERNI Electronics Provides update on Business Continuity amid COVID-19 pandemic, as of June 1, 2020.
The Coronavirus is still a current and important topic, However ERNI has learned to deal well with this exceptional situation in recent months.
6/1/2020
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Nippon Yusen KK
Nippon Yusen KK Provides notice regarding remote work amid the spread of COVID-19 pandemic as of June 1, 2020.
Though NYK has launched the “revised work plan” on 25th May, we IR Group would continue teleworking until June 14th in principle to prevent the spread of the new coronavirus (COVID-19) and ensure the safety of people concerned.
6/1/2020
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SoftBank Group Corp.
SoftBank Group Provides notice regarding Telecommuting work amid COVID-19 pandemic.
To prevent the spread of new coronavirus infections, SoftBank Corp. (hereinafter “SoftBank”) abolished the restriction on the number of work-at-home work from February 25, 2020, and thereafter shifted to a full-time work-at-home system. By utilizing IT tools such as online conferencing systems and business chats, about 90% * of employees excluding employees working at stores such as SoftBank shops will continue to work from April 8 while working from home.
6/1/2020
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AVAL DATA Corporation
AVAL DATA Announces response to the new coronavirus infectious disease.
We pray for the souls of all those who died of this new coronavirus infection. We would like to extend our deepest sympathies to all those affected. In addition, the doctor who confronts the infectious disease We would like to express our sincere homage to the medical institutions and other related organizations. On May 25th, the government announced the cancellation of the emergency declaration in all prefectures. Continuing infection based on "lifestyle practice examples" and industry-specific guidelines for preventing the spread of infection Efforts for prevention are required.
6/1/2020
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Iwaki Pumps
Iwaki Pumps Provides response regarding the cancellation of the emergency declaration, as of June 1, 2020.
We would like to express our deepest sympathies and condolences to those who died of the new coronavirus ( COVID-19 ), and to all those affected.
6/1/2020
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Meiko Electronics Co., Ltd.
Meiko Electronics Provides Business Update regarding COVID-19 outbreak.
While global demand is sluggish due to the spread of coronavirus infections, the outlook for future business performance is unclear. Considering the current situation, "reduction of fixed costs/SG&A expenses, improvement of productivity, regulation of overtime work, adjustment of working days
6/1/2020
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Infosys Limited
Infosys says Covid-19 related risks could hit profitability, CEO compensation jumps 27%
Bengaluru: InfosysNSE -2.32 % said Covid-19 led slowdown has resulted in termination of projects and may hit the company’s profitability going forward.
5/31/2020
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KEI Industries Limited
KEI Industries Reports the impact of COVID-19 on Financial Results for the period ended March 31, 2020.
During the 4th Quarter of FY 2019-20 Net Sales was Rs 1258.53 Crore, against same quarter in previous year of Rs.1258.79 Crore. There was no growth as compared to corresponding period last year due to lockdown announced by the Government (COVID-19) resulting in no sale for last 10 days of the quarter ended March 31, 2020. EBIDTA during this Quarter was
5/31/2020
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Samsung Electronics Co. Ltd.
Samsung considering expanding online recruitment process
Samsung Group, South Korea's top conglomerate, said Sunday it is considering expanding its remote hiring process after wrapping up its first-ever online recruitment exam amid the coronavirus pandemic.
5/31/2020
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Autoliv, Inc.
Autoliv Provides market and business update regarding COVID-19 pandemic.
(Stockholm, Sweden, May 29, 2020) - Autoliv, Inc. (NYSE: ALV and SSE: ALIVsdb), the worldwide leader in vehicle safety systems, today provides updates on market and company measures to manage the auto industry downturn caused by the COVID-19 pandemic.
5/29/2020
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SHINDENGEN ELECTRIC MANUFACTURING CO., LTD.
SHINDENGEN Announces response to the spread of coronavirus outbreak as of May 29, 2020.
As part of measures against the new coronavirus infectious disease ( COVID-19 ), we have set all employees as "in principle work from home" until May 29 to ensure the safety of employees and prevent the spread of infection.
5/29/2020
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LIXIL Group Corp
LIXIL Group Reports Consolidated Financial Results for the Fiscal Year Ended March 31, 2020 and Provides COVID-19 Business Update.
As the impact of COVID-19 and the change in circumstances varies significantly by region, it is difficult to calculate and provide guidance at this time. We will announce our financial forecast for FYE2021 once the impact of COVID-19 can be better evaluated.
5/29/2020
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Shimadzu Corporation
Shimadzu Provides notice of the implementation of telecommuting as the new coronavirus infection spreads.
Başakşehir Çam & Sakura City Hospital was fully opened on May 21st 2020 in Istanbul with 2,682 beds, which is one of the largest class in the Republic of Turkey, and a number of Shimadzu medical imaging systems has been adopted to provide advanced healthcare services to the people in the region.
5/29/2020
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Hamamatsu Photonics K.K
The vast majority of Hamamatsu’s manufacturing facilities are operating normally.
Hamamatsu Corporation (HC) is committed to the safety, health, and well-being of our employees, customers, vendors, and partners. For everyone’s health and safety, we are taking proactive steps to minimize the spread of COVID-19, and we ask for your understanding and cooperation at this time.
5/29/2020
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Hitachi Construction Machinery Co., Ltd.
Hitachi Construction Machinery’s Response to the Lifting of the Emergency Declaration in all prefectures, Japan.
In response to the Japanese government’s announcement on May 25 that the declaration of a state of emergency had been lifted in all prefectures, the Hitachi Construction Machinery Group will promote operations at our sites in accordance with the guidelines for each prefecture based on the measures newly decided by the government for each region (prefectures with specific warnings, prefectures that are in danger of spreading infection by new coronavirus, and prefectures for observation of infection).
5/29/2020
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Google Inc.
Google reports massive coronavirus-related hack, phishing attacks
It appears that hackers and scammers are taking advantage of the pandemic to launch massive operations. As the world reels from lockdown regulations, people are using online platforms to procure necessary supplies. Google says that this increase in online activities is a prime target for hacking and phishing attacks.
5/29/2020
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Solitron Devices, Inc.
Solitron Devices will be delaying the filing of its Annual Report due to circumstances related to the outbreak of the novel coronavirus.
Solitron Devices, Inc. (the "Company") previously planned to file its Annual Report on Form 10-K for the fiscal year ended February 29, 2020 (the "Annual Report") by May 29, 2020, however, the Company will be delaying the filing of its Annual Report due to circumstances related to the outbreak of the novel coronavirus, COVID-19. The Company is relying on the order (the "Order") promulgated by the Securities and Exchange Commission (the "SEC") on March 25, 2020 (which extended and superseded a prior order issued on March 4, 2020), pursuant to Section 36 of the Securities Exchange Act of 1934, as amended (the "Exchange Act") (Release No. 34-88465) which allows for the delay of certain filings required under the Exchange Act. In reliance upon the Order, the Company expects to file its Annual Report no later than July 13, 2020, which is 45 days after the original due date of the Annual Report.
5/29/2020
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Canon Inc.
Amid the spread of COVID-19 outbreak, Canon will resume normal operations from June 1, 2020.
The partial suspension of operations will end after May 31. From June 1, Canon will resume normal operations while thoroughly implementing such basic infection prevention measures as staggered commuting times and encouraging working from home.
5/29/2020
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Nikon Corp.
Nikon cuts jobs in Thailand and Laos with camera sales slumping
TOKYO -- Nikon has cut 700 jobs in Southeast Asia as part of a move to restructure its digital camera business as executives warned of sustained losses during the coronavirus pandemic, the Japanese optical company said Thursday.
5/29/2020
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Hitachi, Ltd.
Due to the impact of COVID-19 pandemic, Hitachi Operating Profit to Hit 11-Year Low.
Tokyo, May 29, 2020 --- Hitachi, Ltd. (TSE:6501) today announced its consolidated financial results for fiscal 2019, ended March 31, 2020.
5/29/2020
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TAIYO YUDEN CO., LTD.
TAIYO YUDEN Provides update regarding the Spread of the Novel Coronavirus (COVID-19) as of May 29, 2020.
Tokyo, May 29, 2020—Based on its business continuity plan (BCP), TAIYO YUDEN is implementing a range of measures to prevent the spread of the novel coronavirus and ensure the health and safety of its employees, business partners and other stakeholders
5/29/2020
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VMware, Inc.
VMware could have 60% of staff working from home after coronavirus pandemic, CEO says
VMware CEO Pat Gelsinger told CNBC on Friday a larger share of the enterprise software company’s employees will work remotely as a result of the coronavirus pandemic.
5/29/2020
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Steven Engineering, Inc.
Steven Engineering Provides update regarding Business Continuity amid the spread of COVID-19 pandemic.
We are keeping up with the latest updates regarding the global COVID-19 pandemic and continue to take the necessary precautions to safeguard the health and safety of our employees. We have implemented operational continuity plans within our teams to ensure sufficient resources are in place to keep our branch locations running safely, and that products are being shipped to all our customers.
5/29/2020
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Kitz SCT America
Kitz SCT America Announces notice regarding work system for new coronavirus measures.
We are pleased to inform you that the "Emergency Situation Declaration" based on the New Coronavirus Special Measures has been lifted in all prefectures, and the work system of our company is as follows. We will continue to strive to reduce the risk of infection and ensure the safety of employees and related parties
5/29/2020
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Steven Label Corporation
Amid COVID-19 pandemic, Steven Label Remains in operation as a critical supplier to Essential Healthcare Business, as of May 29, 2020.
We are receiving several requests for information pertaining to our operations and supply chain. This webpage will stay updated and serve as your source for relevant information concerning any changes to staying operational and any impacts to us from our supply chain.
5/29/2020
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Mid-City Electric
Mid-City Provides COVID-19 update as of May 29, 2020.
We wanted to inform everyone that a Mid-City employee at one of our projects has tested positive for COVID-19. This individual is at home and is doing well with only minor symptoms. This person will remain at home for two weeks, and we will communicate with him regularly to monitor his condition. Both Mid-City and the employee are following the guidelines established by the CDC and Ohio Health Department as it relates to a positive COVID-19 diagnosis.
5/29/2020
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HIROSE ELECTRIC CO., LTD.
HIROSE ELECTRIC Reports Financial Results for the Fiscal Year Ended March 2020 and Provides COVID-19 Business Update.
5/29/2020
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Amazon.com, Inc.
Amazon to offer permanent roles to 70% of 175,000 new U.S. hires
Amazon.com plans to offer permanent jobs to about 70% of the U.S. workforce it has hired temporarily to meet consumer demand during the coronavirus pandemic, the company told Reuters on Thursday.
5/28/2020
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China Finance Online Co. Limited
China Finance Online Reports Fourth Quarter Financial Results and Provides COVID-19 Business Update.
BEIJING, May 28, 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 fourth quarter and full year ended December 31, 2019.
5/28/2020
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Broadcom Inc.
Broadcom sends its England-based staff back into office as UK lockdown eases – though Welsh workers get a free pass
Broadcom has sent staff back into corporate offices in England – though workers elsewhere in the UK can continue working remotely, a letter seen by The Register reveals.
5/28/2020
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Tech Data Corporation
Tech Data Reports First Quarter Fiscal Year 2021 Results and Provides COVID-19 business Update.
CLEARWATER, Fla.--(BUSINESS WIRE)-- Tech Data (NASDAQ: TECD) (the “Company”) today announced its financial results for the first quarter ended April 30, 2020.
5/28/2020
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Dell Technologies Inc
Dell Technologies Q1 Earnings and Revenues Top Estimates and Provides COVID-19 Business Update.
Dell Technologies (NYSE: DELL) announces financial results for its fiscal 2021 first quarter. First quarter revenue was $21.9 billion. During the quarter, the company generated operating income of $702 million, a 28 percent increase over the same period in the prior year, and non-GAAP operating income of $2.2 billion. Net income was $182 million, non-GAAP net income was $1.1 billion and adjusted EBITDA was $2.6 billion. Net cash used in operating activities was $0.8 billion. Diluted earnings per share was $0.19 and non-GAAP diluted earnings per share was $1.34.
5/28/2020
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Giga-tronics Incorporated
Giga-tronics Reports Results for Q4 FY 2020 and FY 2020 and Provides COVID-19 Business Update.
DUBLIN, Calif., May 28, 2020 (GLOBE NEWSWIRE) -- Giga-tronics Incorporated (OTCQB: GIGA) (the “Company”) reported results for the fourth quarter and fiscal year ended March 28, 2020.
5/28/2020
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Ford Motor Company
Ford paused production at Chicago Heights stamping plant after employee tests positive for COVID-19
Ford Motor Co. temporarily paused production at its stamping plant in Chicago Heights on Wednesday for sanitation after an employee at the facility tested positive for COVID-19.
5/28/2020
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HIROSE ELECTRIC CO., LTD.
HIROSE ELECTRIC Reports the impact of COVID-19 on Consolidated Financial Results for the Year Ended March 31, 2020.
Forward-looking statements, such as forecast of business performance, stated in this document are based on information currently possessed by Hirose or certain assumption that Hirose has deemed as rational. We cannot make any assurances that the contents mentioned in these forward-looking statements will ever materialize. A
5/28/2020
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Grupo Antolin
Grupo Antolin reached sales of €1,054 million in the first quarter of 2020 & has a solid financial position to face the COVID-19 crisis.
Grupo Antolin, one of the largest manufacturers of vehicle interiors in the world, achieved sales amounting to €1,054 million in the first quarter of 2020, compared to €1,270 million in the same period the year before.
5/28/2020
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Canadian Solar Inc.
Canadian Solar Beats Q1 Earnings and Revenue Estimates despite the impact of COVID-19 pandemic.
GUELPH, Ontario, May 28, 2020 /PRNewswire/ -- Canadian Solar Inc. ("Canadian Solar" or the "Company") (NASDAQ: CSIQ) today announced financial results for the quarter ended March 31, 2020.
5/28/2020
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MiX Telematics Limited
Global outbreak of COVID-19 could harm MiX Telematics Limited business and impact operations and the results.
In December 2019, a novel strain of coronavirus outbreak was reported in China (“COVID-19”). In January 2020, the World Health Organization (WHO) declared this outbreak a Public Health Emergency of international concern and, subsequently, it was declared a pandemic in March 2020. The outbreak continued to spread globally, affecting global economic activity and financial markets. Due to extensive measures implemented by various governments, all of our employees are required to work remotely, with the exception of our staff working in our monitoring centers, which were classified as an essential service. We have implemented appropriate safeguards for these centers. In addition, we have modified certain business and workforce practices (including suspension of all business travel and cancellation of physical participation in meetings, events and conferences) and implemented new protocols to promote social distancing and enhance sanitary measures in our offices and facilities to conform to government restrictions and best practices encouraged by governmental and regulatory authorities. There is no certainty that such measures will be sufficient to mitigate the risks posed by the virus, in which case our employees or other individuals may become sick, our ability to perform critical functions could be harmed, and we may be unable to respond to some of the needs of our global business. Further, our increased reliance on remote access to our information systems increases our exposure to potential cybersecurity breaches. We may take further actions as government authorities require or recommend or as we determine to be in the best interests of our employees, customers, suppliers and other business counterparties.
5/28/2020
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General Motors Company
GM Is Manufacturing Face Masks In South America To Resume Vehicle Production
In keeping with the global initiative that General Motors began executing a couple of months ago in the United States and China, GM South America is manufacturing face masks to safely resume the production of vehicles and components in the region. This is one of several measures that the company’s business unit has taken to contribute to the fight against the COVID-19 virus, both in Brazil and in the rest of the southern countries of the continent.
5/28/2020
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ReWalk Robotics Ltd.
Rewalk Robotics sees impact of COVID-19 in first-quarter results
MARLBOROUGH, Mass.BERLIN, Germany and YOKNEAM ILIT, Israel, May 28, 2020 (GLOBE NEWSWIRE) -- ReWalk Robotics Ltd. (Nasdaq: RWLK) (“ReWalk” or the “Company”) today announced its financial results for the three months ended March 31, 2020.
5/28/2020
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MiX Telematics Limited
MIX Telematics Says Suspending Practice Of Issuing Financial Guidance For FY2021, Due to the spread of COVID-19.
MiX Telematics changed from being a foreign private issuer to a U.S. domestic issuer, with effect from April 1, 2020. As a result of the change in status, the Company is required to comply with and report its financial results in accordance with accounting principles generally accepted in the United States (“GAAP”). This earnings release contains the preliminary unaudited GAAP financial results for the fourth quarter and full fiscal year 2020.
5/28/2020
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Pure Storage, Inc.
Pure Storage delivers solid financial results during Q1 Fiscal 2021 despite challenging environment created by COVID-19.
MOUNTAIN VIEW, Calif., May 28, 2020 /PRNewswire/ -- Pure Storage (NYSE: PSTG), the IT pioneer that delivers storage as-a-service in a multi-cloud world, today announced financial results for its first quarter ended May 3, 2020.
5/28/2020
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CUI Devices
CUI Devices's operations remain up and running amid COVID-19 pandemic, as of May 28, 2020.
Our operations remain up and running. To assist OEMs, makers, and volunteer groups working to combat COVID-19, we are dedicating the full force of our resources to prioritize orders, streamline our free sample program, provide technical support, and address any other urgent needs of organizations combating COVID-19.
5/28/2020
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VMware, Inc.
Despite the impact of COVID-19 pandemic, VMware delivers solid Q1 as subscription, SaaS revenue jumps.
PALO ALTO, Calif.--(BUSINESS WIRE)-- VMware, Inc. (NYSE: VMW), a leading innovator in enterprise software, today announced financial results for the first quarter of fiscal 2021:
5/28/2020
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Modine Manufacturing Company
Modine Reports Fourth Quarter and Full Year Fiscal 2020 Results and Provides COVID-19 business Update.
RACINE, Wis., May 28, 2020 /PRNewswire/ -- Modine Manufacturing Company (NYSE: MOD), a diversified global leader in thermal management technology and solutions, today reported financial results for the quarter and fiscal year ended March 31, 2020.
5/28/2020
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Salesforce.com, inc.
Salesforce beats Q1 estimates, lowers fiscal 2021 revenue growth forecast and Provides Business Update regarding COVID-19 pandemic.
SAN FRANCISCO, May 28, 2020 /PRNewswire/ -- Salesforce (NYSE: CRM), the global leader in CRM, today announced results for its fiscal first quarter ended April 30, 2020.
5/28/2020
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Marvell Technology Group Ltd.
Marvell reports strong Q1 following ‘stronger-than-expected’ demand for 5G services, despite the impact of COVID-19 pandemic.
SANTA CLARA, Calif., May 28, 2020 /PRNewswire/ -- Marvell Technology Group Ltd. (NASDAQ: MRVL), a leader in infrastructure semiconductor solutions, today reported financial results for the first quarter of fiscal year 2021.
5/28/2020
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News Corp
News Corp to Stop Printing More Than 100 Australian Newspapers
SYDNEY—News Corp said it would stop printing more than 100 Australian newspapers by the end of June, closing 36 outright and moving the rest solely to the Internet, in its latest response to media shifts accelerated by the coronavirus pandemic.
5/28/2020
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Safran
Safran reports on business developments of first months of 2020 regarding COVID-19 pandemic at its 2020 Annual General Meeting.
The Annual General Meeting of Shareholders of Safran (Euronext Paris: SAF) met today behind closed doors at the Company's head office, under the chairmanship of Ross McInnes, Chairman of the Board of Directors.
5/28/2020
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CMA CGM Group
CMA Provides Business Update regarding COVID-19 pandemic.
The current COVID-19 Outbreak is affecting the whole supply chain worldwide, raising potential major challenges.
5/28/2020
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Zound Industries
A challenging first quarter for Zound due to the spread of COVID-19 pandemic.
The global COVID-19 pandemic impacts Zound Industries as sales drop by 32 percent for the first quarter compared to 2019. Net sales for Q1 2020 totalled 257.7 MSEK.
5/28/2020
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Infineon Technologies AG
Infineon Technologies Announces Business Continuity Customer Notification regarding Coronavirus Issue, as of May 28, 2020.
The highly dynamic development of the COVID-19 topic makes it difficult to provide tangible assessments upon which further planning can be based. This applies especially as mitigation measures by several governments, like travel restrictions or movement control orders have been announced on short notice and exceed our sphere of influence.
5/28/2020
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Noatum Maritime Holdings SL
Noatum Maritime Remains fully operational amid COVID-19.
The priority of Noatum is the safety and protection of all its employees, that is why, a few weeks ago we updated and improved our Occupational Safety and Health Policy . Our objective is to ensure that our people have all the guarantees of protection and prevention, not only during the COVID-19 pandemic , but in any situation.
5/28/2020
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General Motors Company
General Motors Statement on Vehicle Production amid COVID-19.
The restart of vehicle production at General Motors’ component and assembly plants in North America has gone smoothly thanks to strong teamwork. Our comprehensive safety procedures are working well, and our suppliers have done a great job implementing their return-to-work strategies and safety playbooks. We are now in a position to increase production to meet strengthening customer demand and strong dealer demand. Starting Monday, three crossover assembly plants in the United States and Canada will be operating two production shifts, and three U.S. assembly plants building mid- and full-size pickups will move from one- to three-shift operations. Five other U.S. assembly plants will operate one production shift.
5/28/2020
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General Motors Company
GM's idled Warren Transmission plant finds a new purpose during outbreak
Warren — The COVID-19 pandemic brought the Warren Transmission plant back from the dead.
5/28/2020
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Okita Works Co., Ltd.
Okita Works Provides Business Update regarding COVID-19 pandemic as of May 28, 2020.
We would like to extend our deepest sympathies to all those affected by the new coronavirus, including those who have suffered from pneumonia.
5/28/2020
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Nippon Chemi-Con Corporation
Nippon Chemi-Con Provides Results for FY Ended March 31, 2020 and Provides Business Continuity update regarding COVID-19 pandemic.
5/28/2020
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HAGIWARA ELECTRIC HOLDINGS CO., LTD.
HAGIWARA Announces response regarding to the complete cancellation of the emergency declaration.
Although it has been announced that the government's emergency declaration will be fully lifted, the Group's response to date will continue with some relaxation. While carefully monitoring the guidelines for the gradual mitigation by the government and prefectural governors and the situation of the spread of infection, we will gradually mitigate the response of our group in the future, but we will inform you again at that time.
5/27/2020
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Eland Cables
Eland Cables Remains fully operational as a critical supplier to essential service providers amid COVID-19 pandemic as May 27, 2020.
As a critical supplier to essential service providers, Eland Cables remains fully operational. We continue to offer some of the industry’s shortest manufacturing lead-times and to deliver cable and cable accessories from our comprehensive stockholding on a next day basis on our own transport fleet.
5/27/2020
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Molex Incorporated
Molex Provides Business Update regarding Operational Status amid COVID-19 as of May 27, 2020.
As government restrictions around the world continue to ease, Molex is starting to implement the third phase of our global pandemic return to work plan. In this phase, the focus is on ensuring a Safe Return to the Workplace for our employees who may have been either required to work remotely or who work at sites that may have seen more limited operations because of government orders and are now able to return.
5/27/2020
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Alphabet Inc.
Google releases plan to return to the office
Beginning July 6, assuming external conditions allow, we'll start to open more buildings in more cities. This will give Googlers (GOOG, GOOGL) who need to come back to the office - or, capacity permitting, who want to come back - the opportunity to return on a limited, rotating basis (think: one day every couple of weeks, so roughly 10% building occupancy) CEO Sundar Pichai told employees.
5/27/2020
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The Boeing Company
Boeing to Start Voluntary Layoffs, Will Shed an Initial 2,500 Workers
Boeing Co. will this week announce about 2,500 voluntary layoffs in the first phase of broader cuts triggered by the coronavirus-driven collapse of global air travel, according to union officials.
5/27/2020
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Photronics, Inc.
Photronics Reports the impact of COVID-19 on Second Quarter Fiscal 2020 Results.
BROOKFIELD, Conn., May 27, 2020 (GLOBE NEWSWIRE) -- Photronics, Inc. (NASDAQ:PLAB), a worldwide leader in photomask technologies and solutions, today reported financial results for its fiscal 2020 second quarter ended May 3, 2020.
5/27/2020
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The Walt Disney Company
Disney to start reopening its Florida theme parks with Magic Kingdom, Animal Kingdom on July 11
Disney said Wednesday it has proposed a phased reopening of its Florida-based theme parks in July.
5/27/2020
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Watts Water Technologies Inc.
Watts Water Technologies may Swing to loss in Q2 due to the impact of COVID-19 pandemic.
During its first quarter 2020 earnings conference call held on May 7, 2020, the Registrant provided an estimate that sales for the second quarter of 2020 may decline by 25% to 30% as compared to the second quarter of 2019 from the impact of the COVID-19 pandemic. The Registrant is revising that estimate given recent sales activity through May 2020. Sales are now estimated to decline by 20% to 25% for the second quarter of 2020 as compared to the second quarter of 2019.
5/27/2020
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Advantest Corporation
Advantest Provides Business Update regarding COVID-19 pandemic as of May 27, 2020.
Following the cancellation on May 25th of the state of emergency declared by the Japanese government in April, Advantest has updated its coronavirus policy for employees in Japan.
5/27/2020
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HIROSE ELECTRIC CO., LTD.
After the state of emergency has been lifted, HIROSE's employees will start going to the offices gradually from June 1, 2020.
Following the state of emergency declaration by the government, HIROSE employees have been working from home and refraining from going to the office in order to prevent the spread of covid-19 from April 8.
5/27/2020
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Ford Motor Company
Ford temporarily pauses production at Kansas City assembly plant
Ford (NYSE:F) halts production at its Kansas City assembly plant on the transit side after a worker tested positive for COVID-19.
5/27/2020
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Ford Motor Company
Ford shuts down fourth factory due to COVID-19; this time Chicago Stamping
Ford Motor Co. announced Wednesday that it had shut down production temporarily at Chicago Stamping due to the coronavirus, the fourth Ford factory to close for COVID-19 deep cleaning since the industry restarted production May 18.
5/27/2020
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Energy Recovery, Inc.
Energy Recovery Resumed full production at its facility in Alameda County, California.
I write to you today with a brief update on Energy Recovery’s manufacturing operations. As you may have seen, Alameda County, where our San Leandro headquarters and production facility is located, relaxed its “shelter‐in‐place” order last week as part of the San Francisco Bay Area’s reopening plan. Additional industries including non‐essential manufacturing are now permitted to operate as long as businesses implement COVID‐19 safety protocols.
5/27/2020
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Plantronics, Inc.
Plantronics will delay the filing of its Annual Report on Form 10-K for the year ended March 28, 2020, due to coronavirus.
In reliance on Release No. 34-88465 (the “Order”) issued by the Securities and Exchange Commission (the “SEC”) on March 25, 2020, pursuant to Section 36 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), Plantronics, Inc. (the “Company”) will delay the filing of its Annual Report on Form 10-K for the year ended March 28, 2020 (the “Annual Report”), which Annual Report was originally due on May 27, 2020. The Company expects to file the Report on or around June 3, 2020, and in any case not later than July 13, 2020, which is 45 days after the original due date of the Annual Report. The Order provides conditional relief to public companies unable to timely comply with their filing obligations as a result of the novel coronavirus (“COVID-19”) outbreak.
5/27/2020
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Nokia Corporation
Nokia Temporarily Shuts Down Its Manufacturing Unit Near Chennai After 18 Employees Test Positive For Covid-19.
May 27 2020, 10:50 am, Nokia Temporarily Shuts Down Its Manufacturing Unit Near Chennai After 18 Employees Test Positive For Covid-19 Nokia Nokia has temporarily suspended operations at a telecoms gear manufacturing plant in Oragadam near Chennai, after 18 employees tested positive for COVID-19.
5/27/2020
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Larsen & Toubro Ltd.
L&T Heavy Engineering Achieves Delivery of Critical Equipment to Global Customers During Lockdown.
Mumbai, May 27, 2020: The Heavy Engineering arm of Larsen & Toubro ensured dispatch of critical Reactors, Coke drums and Sub-assemblies of Nuclear Fusion reactor for their global clients during the lockdown period in India from beginning of last week of March.
5/27/2020
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EBARA Corporation
EBARA Provides update regarding the Case of Novel Coronavirus Infection at Fujisawa office as of May 27, 2020.
On May 19, 2020, EBARA CORPORATION (EBARA) announced that a person working for our subcontracting company at Fujisawa office had tested positive for the COVID-19 coronavirus and that we would immediately take measures to prevent the spread of infection within Fujisawa office where the infected person was working, following the report from the subcontracting company. However, on May 21, we received notification from them that none of its employees were infected and that the notification to us had been in error.
5/27/2020
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Workday, Inc.
Workday Announces Fiscal 2021 First Quarter Financial Results and Provides COVID-19 Business Update.
PLEASANTON, Calif., May 27, 2020 (GLOBE NEWSWIRE) -- Workday, Inc. (NASDAQ: WDAY), a leader in enterprise cloud applications for finance and human resources, today announced results for the fiscal 2021 first quarter ended April 30, 2020.
5/27/2020
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Koch Industries, Inc.
Koch’s vice president and CEO Jim Hannan, Provides COVID-19 Response with Yahoo Finance.
Responding to the COVID-19 pandemic has been an all-in effort across Koch companies, from Georgia-Pacific adjusting its supply chain to meet demand for bath tissue and paper towels to Infor providing the software that healthcare providers rely on to manage their data.
5/27/2020
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B.O.S. Better Online Solutions Ltd.
BOS Reports the impact of COVID-19 on First Quarter of 2020 Financial Results.
RISHON LE ZION, Israel, May 27, 2020 (GLOBE NEWSWIRE) – BOS Better Online Solutions Ltd. ("BOS" or the "Company") (NASDAQ: BOSC), a global provider of intelligent systems and services for production and logistics, reported its financial results for the first quarter ended March 31, 2020.
5/27/2020
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Coherent Inc.
Coherent Q2 Earnings Surpass Estimates despite the spread of COVID-19 outbreak.
SANTA CLARA, Calif., May 27, 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 second fiscal quarter ended April 4, 2020.
5/27/2020
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Plantronics, Inc.
Plantronics Q4 Earnings and Revenues Surpass Estimates and Provides COVID-19 Business Update.
SANTA CRUZ, Calif., - May 27, 2020 - Plantronics, Inc. (NYSE: PLT) ("Poly" or the "Company") today announced preliminary fourth quarter and full fiscal year 2020 results for the period ending March 28, 2020.
5/27/2020
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NetApp, Inc.
Despite the spread of COVID-19 pandemic, NetApp Delivered solid gross margin during the Fourth Quarter and Fiscal Year 2020 Results.
SUNNYVALE, Calif.--(BUSINESS WIRE)--May 27, 2020-- NetApp (NASDAQ: NTAP) today reported financial results for the fourth quarter and fiscal year 2020, which ended on April 24, 2020.
5/27/2020
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Alchip Technologies, Limited
Despite the impact of COVID-19, Alchip Technologies Net earnings represent a 79% increase year-on-year over Q1 2019.
Taipei, Taiwan, May 27, 2020 – Alchip Technologies first quarter of 2020 achieved a record net income $5.79 million on record revenue of $50.49 million. The company also guided that it would set new records in Q2, despite the effects of the global pandemic.
5/27/2020
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HP INC.
HP Inc. misses on Q2 revenue estimates due to the impact of COVID-19 pandemic.
The COVID-19 pandemic has created unprecedented global health and economic challenges. From the start of this crisis, HP’s number one priority has been the health and well-being of our employees. At the same time, we have marshalled our technology and resources to help address urgent needs in our communities.
5/27/2020
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Chevron Corporation
Exclusive: Chevron to cut up to 15% of staff amid restructuring
The oil producer previously disclosed a 30% reduction in its 2020 spending and some voluntary job cuts amid this year’s sharp drop in oil prices and lower demand for oil and gas due to the COVID-19 pandemic.
5/27/2020
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Ford Motor Company
Ford Temporarily Pauses Production On One Line At Chicago Stamping Plant To Complete Enhanced Cleaning, Following Safety Protocols For Covid-19 Case.
The safety of our workforce is our top priority. Working closely with the UAW and external experts in infectious disease and epidemiology, we have developed safety standards to protect our workforce. In this instance, our protocol calls for us to do enhanced cleaning and disinfect the employees’ work area, equipment, team area and the path that the employee took while at the plant today. We temporarily paused production on one line at Chicago Stamping Plant to complete enhanced cleaning and deployed employees to another part of the plant to work. Production on the affected line resumes later today. We are notifying people known to have been in close contact with the infected individual and asking them to self-quarantine for 14 days.
5/27/2020
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Hitachi, Ltd.
Hitachi staff only required to come to office 2-3 days a week
TOKYO -- Hitachi looks to review its work policies to enable employees come to the office just two to three days a week, even after the coronavirus pandemic ends.
5/27/2020
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Micronics Japan Co. Ltd.
Micronics Japan Response to New Coronavirus (“COVID-19”) Outbreak as of May 27, 2020.
We established the emergency task force in Headquarters and have been continuously implementing countermeasures. After the state of emergency was completely lifted by Japanese Government, we would like revise our countermeasures previously announced on May 8th.
5/27/2020
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Dentsu Inc.
Dentsu Provides Business Update regarding COVID-19 pandemic.
We would like to express our deepest sympathies and condolences to those who died of the new coronavirus infection. We would like to extend our deepest sympathies to the affected people and pray for their quick healing.
5/27/2020
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EBARA Corporation
EBARA Provides update regarding Business Operational Status amid COVID-19 pandemic as of May 27, 2020.
With regards to the EBARA Group companies, we would like to announce the current operations of manufacturing sites as follows in accordance with the orders by the government in each country along with the outbreak of COVID-19.
5/27/2020
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Apple Inc.
Apple will open about 100 more stores in the U.S. this week, with focus on curbside service
Apple plans to open approximately 100 stores in the United States this week, a company representative told CNBC.
5/26/2020
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Triumph Group Inc.
All Triumph Group Factories Return to Safe Operational Status as of May 26, 2020.
BERWYN, Pa., May 26, 2020 /PRNewswire/ -- Triumph Group, Inc. (NYSE: TGI) ("Triumph" or the "Company") today provided an update on the current impact of the coronavirus (COVID-19) on the business and the steps the Company is taking to mitigate it.
5/26/2020
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Blue Dart Express Limited
Blue Dart Express Announces the impact of COVID-19 pandemic on financial results for the quarter and year ended March 31, 2020.
Blue Dart Express Limited, South Asia's premier express air and integrated transportation, distribution and logistics Company, today declared its financial results for the quarter and year ended March 31, 2020, at its Board Meeting held in Mumbai.
5/26/2020
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Von Roll Holding AG
Von Roll Spins off two loss-making Production Sites in France, due to COVID-19.
Breitenbach, May 26, 2020 – During the course of the Corona crisis, the Von Roll Group has critically reviewed all global activities in order to focus its human and financial resources within the Group even stronger on business areas with a high future potential.
5/26/2020
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ViaSat, Inc.
Despite the spread of COVID-19 pandemic, Viasat Q4 Earnings Beat Estimates on Record Revenues.
CARLSBAD, Calif., May 26, 2020 — Viasat Inc. (NASDAQ: VSAT), a global communications company, today announced its fourth quarter and fiscal year 2020 financial results. Starting with this earnings period, Viasat is introducing a new format for its quarterly communications, in which the complete financial results are included in a letter to shareholders posted to the investor relations section of its website.
5/26/2020
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SK Hynix Inc.
COVID-19 highlights the gravity of the secondary market for SME
Cha Jin-Seok, Chief Financial Officer of SK Hynix, said it best in the company’s Q1 earnings call, “Because of a never experienced pandemic, even basic business activities such as maintaining normal operations and predicting future demand have become challenging tasks.”
5/26/2020
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Fiat Chrysler Automobiles N.V.
Fiat Chrysler restarts operations at two plants in Mexico
Fiat Chrysler (NYSE:FCAU) re-opened its two facilities in the central Mexican city of Toluca on Tuesday, reports Reuters.
5/26/2020
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Anixter International Inc.
Anixter International Remains fully operational amid the spread of COVID-19 outbreak.
From the start of the COVID-19 outbreak, we have directed our energies at maintaining the health and well-being of our employees, customers, suppliers and communities. While enacting a broad work-from-home policy with many of our employees and establishing vigorous safety protocols with our warehouse partners, we have also remained open for business.
5/26/2020
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Alphabet Inc.
Google will reimburse up to $1,000 for employees to buy work-from-home gear
Google will reimburse employees up to $1,000 to pay for equipment to help them work from home, CEO Sundar Pichai wrote to employees on Tuesday.
5/26/2020
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Uber Technologies Inc.
Uber cuts 600 jobs in India as the coronavirus pandemic hurts business
Hong Kong (CNN Business)Uber's last big stand in Asia just got a lot smaller. The ride hailing company said on Tuesday that it is cutting 600 jobs in India, roughly 25% of its workforce in the country.
5/26/2020
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Elbit Systems Ltd.
The Covid-19 crisis had no effect on the Israeli defense electronics company Elbit Systems in the first quarter.
Israeli defense electronics company Elbit Systems Ltd. (Nasdaq: ESLT; TASE: ESLT) has reported strong results for the first quarter including a rise in revenue and profit and a record orders backlog. Elbit has previously reported that it does not expect the coronavirus to have any effect until the second quarter.
5/26/2020
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Japan Aviation Electronics Industry, Ltd.
Japan Aviation Electronics Provides Response to novel coronavirus (COVID-19) diseases, as of May 26.
Japan Aviation Electronics Industry, Limited is implementing the following measures in response to the spread of COVID-19.
5/26/2020
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Keysight Technologies, Inc.
Keysight Technologies Reports Second Quarter 2020 Results and Provides COVID-19 Business Update.
Keysight Technologies, Inc. (NYSE: KEYS) today reported financial results for the second fiscal quarter of 2020 ended April 30, 2020.
5/26/2020
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ROHM Co., Ltd.
ROHM Provides update regarding Business Operational Status in Philippines amid COVID-19 pandemic.
ROHM Group would like to express our sincere sympathies to all those who have been affected by a novel coronavirus and those who are difficult to spend a daily life due to the infection spread.
5/26/2020
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Seica S.p.A.
Seica Spa Is Fully Operational amid COVID-19 pandemic as of May 26, 2020.
SEICA SPA is fully operational, in full compliance with the protocols defined fo safeguard the health of our employees, and we are able to support our customers with all the activities. sales, manufacturing and technical support, that they require. Our technical service support group can be contacted by phone (calling the usual number 39-0125-636811 and selecting the extension for” service”) and via email at service@seica.com.
5/26/2020
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Sony Corporation
Sony Mobile smartphone shipments hit low in 1Q20
Sony Mobile Communications saw its quarterly smartphone shipments hit a 10-year low of 400,000 units in the first quarter of 2020 despite robust sales of new models, including Xperia 1 II and Xperia 10 II, in Japan. The vendor has been keen on promoting its smartphones in Europe and Latin America, but its shipment prospects for the second quarter remain flat as demand in these two regions has been crippled by the coronavirus pandemic, according to sources from Taiwan's handset supply chain.
5/26/2020
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Teac Corporation
Teac Provides response to prevent the spread of new coronavirus infection as of May 26, 2020.
Thank you very much for your continued support. Even after canceling the emergency declaration, we will take the following measures to prevent the spread of new coronavirus infections.
5/26/2020
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SUMCO Corporation
SUMCO Extends period of teleworking at head office and sales offices until the end of June after state of emergency lifted.
The government rescinded its state of emergency declaration in full late on May 25. In conjunction with this, local government bodies announced the loosening of restrictions in stages, including the request to remain at home.
5/26/2020
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Schurter Holding AG
Schurter Holding Provides Business Update on Operational Status amid COVID-19 pandemic as of May 26, 2020.
The health of our employees and their families and the services to our customers have top priority. For this reason, SCHURTER adheres to the country-specific recommendations and guidelines set by the Health authorities. We listen to the needs of our employees and align our Group companies to their requirements. Nevertheless, actions have been taken to protect our employees globally.
5/26/2020
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Littelfuse, Inc.
Littelfuse Statement on Coronavirus (COVID-19), as of May 26, 2020.
We want to thank our customers, suppliers and other stakeholders for their continued support during the COVID-19 pandemic. Communication is key in these unprecedented times and we want to provide an update on our response to this challenging situation. Our top priority remains the health, safety and well-being of Littelfuse associates, their families and our communities. We are complying with all local, state, and federal government requirements to help prevent the spread of the coronavirus.
5/26/2020
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Autec Power Systems
Autec's Response To Covid-19 & Q4 Deliveries as of May 26, 2020.
Westlake Village, CA: As the COVID-19 situation continues to evolve, Autec Power Systems is committed to ensuring the safety of our employees while maintaining the highest possible levels of application engineering, manufacturing production and product delivery support for our customers and partners.
5/26/2020
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Yokowo Co., Ltd.
Yokowo Provides Notice regarding the extension of telecommuting period amid COVID-19 outbreak as of May 26, 2020.
Yokowo Co., Ltd. was declared nationally by the Japanese government yesterday yesterday on 25th, but For the time being, in principle, we will continue to work from home. For future actions, please refer to the policies and action plans of the government and metropolitan areas, our business partners, While comprehensively judging the impact on local residents and the status of the telecommuting system within our company, We will consider this with reference to the "new lifestyle" announced by the Japanese government.
5/26/2020
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Apple Inc.
Apple to start reopening stores in Japan this week
Apple (NASDAQ:AAPL) will re-open its two stores in two locations at Fukuoka and Nagoya Sakae in Japan on May 27, according to the company’s retail website.
5/25/2020
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EOS POWER INDIA Pvt. Ltd.
EOS supports respiratory device manufacturers.
EOS POWER has been supporting medical device manufacturers for decades. Despite very strict measures by the Indian government due to the current Covid 19 situation, EOS got a special permit by the government to remain open to support crucial equipment for the medical industry such as ventilators, respiratory systems, hospital beds, etc.
5/25/2020
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Toyota Motor Corporation
Toyota to resume manufacturing operations from Tuesday
New Delhi: Toyota Kirloskar Motor (TKM) on Monday said it will resume manufacturing operations at its Bidadi (Karnataka) plant from Tuesday. After weeks of lockdown and partial lifting of restrictions across the country, the company will re-start production at the
5/25/2020
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Huawei Technologies Co. Ltd.
Huawei to be ousted from UK network
Plans to further reduce Huawei’s involvement in UK 5G infrastructure are being drawn up following growing anti-China sentiment in the wake of the coronavirus.
5/25/2020
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Central Semiconductor Corp.
Central Semiconductor is fully operational amid the spread of COVID-19 pandemic.
The Central team hopes that your team, as well as your families and friends, are healthy and safe as the world continues to face the challenges of the COVID-19 pandemic. We believe communication is critical during this period of unprecedented uncertainty, and accordingly, Central will provide updates to this statement as necessary. Please visit the corporate menu at www.centralsemi.com for any significant updates.
5/25/2020
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Rolls-Royce Holdings plc
Rolls-Royce takes heavy hit from COVID-19, reduces workforce by 9000.
The impact of COVID-19 on Rolls-Royce and the whole of the aviation industry is unprecedented. RR has already taken action to strengthen the financial resilience of its business and to reduce cash expenditure in 2020. However, this will not be enough.
5/25/2020
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Schurter Holding AG
Schurter Holding Provides Business Update regarding COVID-19 pandemic as of May 25, 2020.
The new coronavirus SARS-CoV-2 keeps the world in suspense. It spreads at an unprecedented speed and exhibits treacherous characteristics. SCHURTER takes this fact into account and has prioritized and ramped up the production of its components and input systems, which are used in medical devices.
5/25/2020
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THK CO., LTD.
THK Announces the impact of COVID-19 on Consolidated Financial Results for the Three Months Ended March 31, 2020.
THK's basic dividend policy is to set its payout ratio on a consolidated basis at 30% and a minimum dividend for a fiscal year at ¥15.00 per share (¥7.5 per share for both interim dividend and year-end dividend). The amounts of dividends for the year ending December 31, 2020 are planned to be determined in accordance with this policy and will be announced as soon as they are determined.
5/25/2020
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General Motors Company
GM recalls third-shift workers in Spring Hill
About 900 third-shift workers at the General Motors production facility in Spring Hill have been told they will return to work June 21.
5/24/2020
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Hyundai Motor Company
Hyundai Provides Business Update and Announces that three employees at Chennai plant test positive for COVID-19.
Hyundai Motor India Ltd (HMIL) on Sunday said its three employees at Chennai-based manufacturing plant have tested positive for COVID-19.
5/24/2020
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ELM Electronics
Amid COVID-19 pandemic, ELM Electronics Reopened as of May 25, 2020.
Life is beginning to return to normal here in Canada, so we now feel that we can safely reopen the business. We still need to take a great many precautions, but that has become the norm and they are becoming routine. It is time to begin serving our customers again, and we are doing so as of Monday, May 25. Although COVID-19 seems to be under control in many countries, it seems that there are still serious concerns around the world – and this directly affects our ability to fill orders.
5/24/2020
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National Peroxide Ltd
National Peroxide Resumed operations at its Kalyan plant on May 23, 2020.
This is with reference to our earlier letter dated 31st March, 2020 informing you about shutdown of Company’s plant located at Kalyan (Maharashtra) in the light of Lockdown related to the COVID-19 pandemic. We would like to inform you that the Company has resumed operations at its Kalyan plant with effect from 23rd May, 2020 in a phased manner.
5/24/2020
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General Motors Company
GM’s Plans to Increase Truck Production Delayed by Parts Shortage
A shortage of parts from Mexico is hampering General Motors Co.’s plans to quickly ramp up production of high-profit pickup trucks, according to a union official and other people familiar with the matter, underscoring the auto industry’s halting restart after a two-month shutdown from the pandemic.
5/22/2020
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TE Connectivity Ltd.
TE Connectivity Provides update on Business Continuity Status amid COVID-19 pandemic as of May 22, 2020.
As we begin to see a global easing of governmental travel restrictions, improving border exemptions reducing material and labor shortages, challenges remain as we move toward normalized operations. We anticipate delays will continue to impact some of our supply chain and shipments.
5/22/2020
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NSK Ltd
Due to the impact of COVID-19, NSK Postpones the release of Fiscal 2019 Financial Results to June 2, 2020.
Due to the effects of the novel coronavirus financial reporting was delayed at our subsidiaries in several countries
5/22/2020
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SUMCO Corporation
SUMCO Reports Financial Results and Covid-19 Update.
During the first quarter of fiscal year 2020 (January 1, 2020–March 31, 2020), the market for semiconductor silicon wafers saw a modest recovery for both 300 and 200 mm wafers in line with expectations, after demand bottomed out in the previous quarter. Almost no negative impact was felt in the quarter from the COVID-19 outbreak, in part because of moves by some customers to increase their safety stock.
5/22/2020
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EBARA Corporation
EBARA Reports financial results for the Fiscal Year Ended December 31, 2019 and Provides COVID-19 Business Update.
During the fiscal year ended December 31, 2019, in the global economy, investment continued at a certain level in the oil and gas market. Although investment in the semiconductor market was stagnant, there were movements of resuming capital investment partly. In Japan, public investment was firm, and private capital investment ran at the same level as in a typical year. Overall, market conditions remained steady.
5/22/2020
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HONDA TSUSHIN KOGYO CO.,LTD.
HONDA TSUSHIN KOGYO Announces notice in response to the cancellation of additional emergency declaration as of May 22, 2020.
Following the termination of the emergency declaration for the three prefectures of Kansai on May 21, the Nagoya and Osaka offices will cease to work from home.
5/22/2020
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Nordson Corp.
Nordson delivers solid quarter considering COVID-19's impact on global end markets.
Nordson Corporation reported second quarter sales of USD 529 million, a 4% decrease compared to the prior year’s second quarter sales of USD 551 million.However, due to the uncertainties of the duration and impact of the COVID-19 pandemic, the company is suspending its previously announced annual guidance for fiscal 2020.
5/22/2020
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Ulvac Inc.
Ulvac Announces Q&As on the supply chain situation due to COVID-19 pandemic.
Sales, general and administrative expenses and fixed manufacturing expenses decreased by \800 million due to a partial reversal of allowance for bonuses linked to business performance that is revised downwards in the latest forecast.➂Sales activities were prevented and fixed costs decreased due to the impact of COVID-19.
5/22/2020
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FUJIFILM Holdings Corporation
FUJIFILM Holdings Announces the impact of COVID-19 on Financial Results for the Fiscal Year ended March 31, 2020.
The consolidated earnings forecast is undecided because of difficulties in caluculating a reasonable forecast at this stage due to the global epidemic of COVID-19. In the future, we will carefully assess its impact on our business performance and will make a public announcement as soon as a reasonable forecast can be disclosed.
5/22/2020
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IQE PLC
Production continues at all of IQE’s global sites amid COVID-19 pandemic as of May 22, 2020.
There have been no material changes to the impact of the pandemic on IQE’s business operations since the last update on 15th May.
5/22/2020
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Facebook, Inc.
FACEBOOK SAYS IT WILL PERMANENTLY SHIFT TENS OF THOUSANDS OF JOBS TO REMOTE WORK
“We’re going to be the most forward-leaning company on remote work at our scale,” CEO Mark Zuckerberg said in an interview with The Verge. “We need to do this in a way that’s thoughtful and responsible, so we’re going to do this in a measured way. But I think that it’s possible that over the next five to 10 years — maybe closer to 10 than five, but somewhere in that range — I think we could get to about half of the company working remotely permanently.”
5/21/2020
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Agilent Technologies, Inc.
Agilent Reports Second-Quarter Fiscal Year 2020 Financial Results and Provides Business Continuity Status amid COVID-19.
Agilent Technologies Inc. (NYSE: A) today reported revenue of $1.24 billion for the second quarter ended April 30, 2020, equal to revenue reported for the second quarter of 2019 and down 1.7% on a core(1) basis.
5/21/2020
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Essentra plc
Essentra Provides COVID-19 Trading Update.
Ahead of our Annual General Meeting (to be held later today), Essentra plc today provides a further trading update on its response to COVID-19.
5/21/2020
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International Business Machines Corporation
IBM Announces First Job Cuts Under New Chief Executive
An unspecified number of employee layoffs come as coronavirus pandemic triggers economic slowdown.International Business Machines Corp. is cutting an unspecified number of jobs in the first major workforce reduction under new Chief Executive Officer Arvind Krishna, who is trying to revive growth at the tech company.
5/21/2020
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Kaga Electronics Co., Ltd.
Kaga Electronics Reports Financial Results for the Year Ended March 2020 and Provides Covid-19 Update.
Consolidated earnings forecasts for the fiscal year ending in March 2021 have not yet been decided as it is difficult at this point to rationally estimate the impact of the novel coronavirus. For details, please refer to page 4 of the appended materials, "1. Results of Operations (4) Future outlook."
5/21/2020
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Seagate Technology LLC
Seagate Technology to Open up Patents in Fight Against COVID-19
FREMONT, Calif.--(BUSINESS WIRE)--Seagate® Technology plc (NASDAQ: STX), a world leader in data storage and management solutions, today announced that it has signed the Open COVID Pledge. The pledge grants free access to all of Seagate’s patented technologies to help enable diagnosing, preventing, containing, and treating of COVID-19.
5/21/2020
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Lear Corporation
Lear plant closes temporarily after coronavirus diagnosis.
HAMMOND — They were back to work for just a few days when told Wednesday morning to go home because of another coronavirus infection.
5/21/2020
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Advanced Drainage Systems, Inc.
Despite the impact of COVID-19 pandemic, Advanced Drainage Systems Tops Q4 Earning Estimates and Operations remained up and running.
HILLIARD, Ohio--(BUSINESS WIRE)-- Advanced Drainage Systems, Inc. (NYSE: WMS) (“ADS” or the “Company”), is a leading provider of innovative water management solutions in the stormwater and on-site septic waste water industries today announced financial results for the fourth quarter and fiscal year ended March 31, 2020.
5/21/2020
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Keysight Technologies, Inc.
Keysight Technologies Releases 2019 Corporate Social Responsibility Report regarding COVID-19 outbreak.
Keysight Technologies, Inc. (NYSE: KEYS), a leading technology company that helps enterprises, service providers and governments accelerate innovation to connect and secure the world, has released its 2019 Corporate Social Responsibility (CSR) report detailing the company's environmental, social and governance initiatives worldwide.Amid the COVID-19 pandemic, now more than ever Keysight is demonstrating its commitment to corporate social responsibility.
5/21/2020
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Lear Corporation
GM gradually restarts in Mexico as Lear Corp readies for return
MEXICO CITY (Reuters) - General Motors Co (GM.N) said on Thursday it was gradually restarting the transmission and motor lines at its Mexican facilities in Silao and Ramos Arizpe, while U.S. auto parts maker Lear Corp (LEA.N) also geared up for production.
5/21/2020
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General Motors Company
GM gradually restarts in Mexico as Lear Corp readies for return
MEXICO CITY (Reuters) - General Motors Co (GM.N) said on Thursday it was gradually restarting the transmission and motor lines at its Mexican facilities in Silao and Ramos Arizpe, while U.S. auto parts maker Lear Corp (LEA.N) also geared up for production.
5/21/2020
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General Motors Company
GM to restart part of its plant in Silao, Mexico, Thursday
MEXICO CITY (Reuters) - General Motors Co (GM.N) will restart its eight-speed transmission line at its plant in Silao in Mexico’s Guanajuato state on Thursday, according to a company message sent to workers.
5/21/2020
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Brady Corporation
Brady’s operations are up and running all around the globe and Announces withdrawal of Fiscal 2020 Financial Guidance due to COVID-19 pandemic.
MILWAUKEE, May 21, 2020 (GLOBE NEWSWIRE) -- Brady Corporation (NYSE: BRC) (“Brady” or “Company”), a world leader in identification solutions, today reported its financial results for its fiscal 2020 third quarter ended April 30, 2020.Due to the evolving and uncertain impact of the COVID-19 pandemic, the Company is withdrawing its previously communicated fiscal 2020 financial guidance.
5/21/2020
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Foresight
The COVID-19 pandemic had a minor business impact on Foresight’s operations during the first quarter of 2020.
NESS ZIONA, Israel — May 21, 2020 — Foresight Autonomous Holdings Ltd., an innovator in automotive vision systems (Nasdaq and TASE: FRSX), today reported financial results for the first quarter of 2020. Foresight ended the first quarter of 2020 with $6.8 million in cash and short-term deposits. This amount excludes gross proceeds of an aggregate of $8 million from previously announced offerings that closed on April 30, 2020 and May 21, 2020.
5/21/2020
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Palo Alto Networks, Inc.
Palo Alto Networks stock surges as earnings, outlook boosted by work-from-home.
Non-GAAP net income for the fiscal third quarter 2020 was $114.6 million, or $1.17 per diluted share, compared with non-GAAP net income of $130.1 million, or $1.31 per diluted share, for the fiscal third quarter 2019. A reconciliation between GAAP and non-GAAP information is contained in the tables below.
5/21/2020
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Honeywell International Inc.
Widespread layoffs at Honeywell Aerospace
PHOENIX — Several Honeywell current and former employees have told ABC15 that workers were laid off this week at aerospace facilities across the nation. Honeywell Aerospace is headquartered in Phoenix and is one of several divisions that make up Honeywell International.These layoffs come two weeks after President Trump was in Phoenix touring a Honeywell facility that's making millions of N-95 masks to fight COVID-19. The company announced the mask production would create about 500 manufacturing jobs in Arizona.
5/21/2020
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Hewlett Packard Enterprise Company
Hewlett Packard Announces that COVID-19 negatively impact Q2 Financial Results.
SAN JOSE, Calif.--(BUSINESS WIRE)-- Hewlett Packard Enterprise (NYSE: HPE) today announced financial results for its fiscal 2020 second quarter, ended April 30, 2020.
5/21/2020
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NVIDIA Corporation
Coronavirus Lifts Nvidia as People Stuck at Home Turn to Games, Remote Work
Strong growth in computer games and remote computing services, driven by people stuck at home during the coronavirus pandemic, lifted earnings for chip maker Nvidia Corp.
5/21/2020
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Tesla
Tesla returns to ‘normal operations’ at U.S. car and battery factories — read the email sent to production workforce
Tesla’s HR boss, Valerie Workman, said in an e-mail to employees on Wednesday night that the company is returning to “normal operations” at its Fremont, California, vehicle assembly plant and Sparks, Nevada, battery factory this week, with some health-related precautions in place.
5/21/2020
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Ford Motor Company
Ford's three shutdowns in two days signal bumpy factory restart
(Bloomberg) — Ford Motor Co. temporarily closed two critical factories three separate times during a two-day period due to suspected Covid-19 cases, a practice that could become the normal course of business as manufacturers try to carry on through the pandemic.
5/20/2020
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TE Connectivity Ltd.
TE Connectivity Provides AD&M Update on Global Operations regarding COVID-19 outbreak as of May 20, 2020.
AD&M’s Hermosillo, Mexico site received approval from the State Government of Sonora to increase its limited production capacity steadily over the next few weeks. Hermosillo’sapproval from the State Government of Sonora is still only to produce only certain parts which support commercial air, medical, and telecommunication industries; however, the list of parts the government is allowing us to produce continues to increase. We expect all parts to be approved for production beginning June 1st , but AD&M will comply with any extension of work stoppages in accordance with local laws and regulations.
5/20/2020
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NCAB CORPORATION
NCAB Provides Business Update regarding Supply Chain Status amid COVID-19 pandemic.
As the coronavirus (COVID-19) has an impact on NCAB Group, our customers and suppliers we are doing everything we can to protect our employees and support our customers and factories. Below you find the latest update on precautions for social responsibility and factory/capacity status.
5/20/2020
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TT Electronics plc
TT Electronics Provides Business Continuity Update regarding COVID-19 pandemic as of May 20, 2020.
As we continue to navigate our way through the COVID-19 pandemic, our focus remains supporting our customers’ needs, while at the same time prioritizing the safety of our people. We are protecting our employees with appropriate social distancing, PPE and those deemed most “vulnerable” are remote working where possible.
5/20/2020
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HIROSE ELECTRIC CO., LTD.
HIROSE ELECTRIC Announces update regarding measures under the state of emergency in Japan amid the spread of COVID-19 pandemic.
Following the state of emergency declaration by the government, HIROSE employees belonging to the offices stated below, have been working from home and refraining from going to the office in order to prevent the spread of covid-19 from April 8. Regarding the offices apart from those that are mentioned below (Chubu Sales Office, West Japan Sales Office and Kitakanto Sales Office), the employees gradually started to go to the offices since today. The employees belonging to the below target offices that are still under the state of emergency, will continue to work from home.
5/20/2020
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Ford Motor Company
Virus forces Ford to temporarily idle Michigan, Illinois plants
Ford (NYSE:F) has stopped production at its F-Series pickup factory in Dearborn, Mich., and Explorer SUV facility in Chicago.
5/20/2020
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Ford Motor Company
Ford temporarily closes two plants after three workers test positive for coronavirus
Ford Motor closed and then reopened its Chicago Assembly plant twice in less than 24 hours after two workers tested positive for Covid-19, the company confirmed Wednesday.
5/20/2020
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Honeywell International Inc.
Honeywell Closing Texas Brake Plant Next Year amid the government coronavirus lock down orders that have crushed the airline industry.
GREEN ISLAND, N.Y.— Honeywell is closing its Green Island factory that makes airplane brakes amid the government coronavirus lock down orders that have crushed the airline industry.
5/20/2020
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Lenovo Group Limited
Lenovo profit beats estimates, sees growth as more people work from home
HONG KONG (Reuters) - Lenovo Group, the world’s biggest maker of personal computers, reported a deep slump in fourth-quarter profit due to disruptions caused by the coronavirus crisis, although the result was far better than expectations.
5/20/2020
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Xperi Corporation
Xperi has been closely monitoring the COVID-19 pandemic and the impacts on its business.
In December 2019, a novel strain of coronavirus was reported to have surfaced in Wuhan, China, and has since spread to a number of other countries, including the United States. In March 2020, the World Health Organization declared coronavirus disease (“COVID-19”) a pandemic. In an effort to protect the health and safety of Xperi’s employees, Xperi took proactive, aggressive action from the earliest signs of the outbreak to adopt social distancing policies at our locations around the world, including working from home, limiting the number of employees attending meetings, and suspending employee travel. In an effort to contain COVID-19 or slow its spread, governments around the world have also enacted various measures, including orders to close all business locations not deemed “essential,” isolate people to their places of residence, and practice social distancing when engaging in essential activities.
5/20/2020
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Shimadzu Corporation
Impact of COVID-19 on Shimadzu's Operating Results and Financial Position (For the Fiscal Year Ended March 31, 2020).
In the fiscal year ended March 31, 2020, the economy slowed somewhat in China due to factors such as the expanding impact from the increasingly long-term trade frictions between China and the United States, the economy continued to improve in North America due to strong consumer spending and other factors, and the economy modestly improved in Japan due to improvements in hiring and other factors. As a result, an overall recovery trend continued through the first three quarters.
5/20/2020
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Rolls-Royce Holdings plc
Rolls-Royce is cutting at least 9,000 jobs as the coronavirus slams aviation
London (CNN Business)Aircraft engine maker Rolls-Royce is cutting at least 9,000 jobs because of the collapse in demand for air travel caused by the coronavirus pandemic.
5/20/2020
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Analog Devices, Inc.
Despite the spread of COVID-19 pandemic, Analog Devices Q2 Earnings Surpass Estimates.
NORWOOD, Mass.--(BUSINESS WIRE)--May 20, 2020-- Analog Devices, Inc. (Nasdaq: ADI), a leading global high-performance analog technology company, today announced financial results for its second quarter of fiscal 2020, which ended May 2, 2020.
5/20/2020
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RBC Bearings Inc.
Despite the impact of COVID-19 outbreak, RBC Bearings Remains in Operation and Meets Q4 Earnings Estimates.
OXFORD, Conn.--(BUSINESS WIRE)--May 20, 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 fourth quarter of fiscal year 2020.
5/20/2020
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Lenovo Group Limited
Lenovo Announces Fy2019/20 Annual Results and COVID-19 Update.
Revenue remained largely stable despite macro challenges and continuing component shortages; pre-tax profit grew by double-digits thanks to strength in PC and Smart Device (PCSD) and profit improvement of Mobile Business Group (MBG) and Data Center Group (DCG)
5/20/2020
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Intel Corporation
Intel's confidence in Chinese market remains unshaken
The coronavirus pandemic has not shaken the U.S. tech giant Intel's confidence in the Chinese market. Rather, the swift response to the pandemic, the newly-introduced "trillion yuan" infrastructure project and a better business environment to foreign businesses after the launch of the new foreign investment law have encouraged and prompted the multinational company to further boost its investment in the country, according to Intel's China head.
5/20/2020
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Azbil Corporation
Azbil Reports Financial Results for the Fiscal Year Ended March 31, 2020 and Provides COVID-19 Business Update.
There was an increase in orders received for the LA business, but AA business performance remained sluggish owing to the overall downturn in markets for manufacturing equipment throughout the year. This resulted in an overall decrease of 2.3% from FY2018.
5/20/2020
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Molex Incorporated
Molex Provides Global Operations Update regarding COVID-19 pandemic as of May 20, 2020.
We want to thank you for your continued patience in these very challenging times. With government restrictions beginning to ease in more geographies, Molex is starting to implement the third phase of our global pandemic plan. In this phase, the focus will be on ensuring a Safe Return to the Workplace as we endeavor to resume full operations and fulfill customer orders at all our sites.
5/20/2020
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Nordson Corp.
Nordson Reports the impact of COVID-19 on Fiscal Year 2020 Second Quarter Results.
WESTLAKE, Ohio--(BUSINESS WIRE)-- Nordson Corporation(Nasdaq: NDSN) today reported results for the second quarter of fiscal year 2020. For the quarter ended April 30, 2020, sales were $529 million, a 4 percent decrease compared to the prior year’s second quarter sales of $551 million. This change in second quarter 2020 sales included a decrease in organic volume of approximately 3 percent, growth from the first year effect of acquisitions of less than 1 percent, and a decrease related to the unfavorable effect of currency translation as compared to the prior year’s second quarter of approximately 1 percent.
5/20/2020
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Horiba Ltd.
Horiba Reports the impact of COVID-19 on Consolidated Financial Statements for the Three Months Ended March 31, 2020.
With regard to consolidated earnings forecasts, the forecasts announced on February 14, 2020 were withdrawn on April 16, and new forecasts have not been determined. It will be disclosed as soon as forecasts become available.
5/20/2020
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PRIDE Industries
PRIDE Industries Provides Important Work and Day Program Update amid the spread of COVID-19 pandemic.
As we navigate through these uncertain times, we are finding that the proposed re-start of our services continues to be pushed out to align with state and county guidance. PRIDE is committed to providing a safe and healthy place for our employees and individuals receiving services. We miss you all and are so disappointed to share that we will not be able to re-start Work and Day Programs on Tuesday, May 26, 2020.
5/19/2020
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Batt Cables PLC
Bürklin Completed operational reviews for all sites in relation to Coronavirus.
Batt Cables Plc have completed operational reviews for all sites in relation to Coronavirus.
5/19/2020
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Lem Holding SA
Lem Holding Reports Full Year Results 2019/20 and Provides Business Continuity Status amid COVID-19 outbreak.
Covid-19 impact to date: China closed 3 weeks, returned full capacity end March Switzerland, Bulgaria running at full capacity throughout, Sanitary measures for all sites, home-office experience successful
5/19/2020
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Espec Corp.
Espec Provides Business Update regarding COVID-19 pandemic.
ESPEC takes the health and safety of our employees seriously. ESPEC is committed to minimizing the risk of exposure to COVID-19 in all work activities, and we have instituted various housekeeping, social distancing and other rules to ensure a safe work environment. Our employees are required to follow these practices and make sure they are being efficient.
5/19/2020
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Bud Industries, Inc.
Bud Industries Remains in operation amid the spread of COVID-19 outbreak.
Even while we are continuing to work as an essential business producing electronic enclosures, especially NEMA rated enclosures, it is hard to focus on anything other than the Covid-19 crisis. We are based in Ohio and no matter your politics, our governor has been in the forefront of the effort nationally to develop safe procedures and processes.
5/19/2020
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Uber Technologies Inc.
Uber Cuts 3,000 More Jobs, Shuts 45 Offices in Coronavirus Crunch
Federal Reserve Chairman Jerome Powell says the U.S. faces a long, uncertain recovery; as Western countries slowly reopen, clusters appear in Asia; Softbank reports big losses. WSJ’s Jason Bellini has the latest on the pandemic. Photo: Johannes Eisele/Agence France-Presse/Getty Images
5/19/2020
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Microsoft Corporation
Microsoft CEO Satya Nadella applauds tech's response to COVID-19
Microsoft CEO Satya Nadella began a keynote address for his company's Build developer event by pointing to all the ways tech companies have been supporting health care, science, entertainment and work throughout the crisis.
5/19/2020
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EBARA Corporation
EBARA Announces that one employee at EBARA Haneda Office tested positive for the Novel Coronavirus.
On May 16, 2020, it was confirmed that one employee of a subconctracting company at EBARA Haneda Office tested positive for the Novel Coronavirus. Currently we are taking the following measures.
5/19/2020
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Infineon Technologies AG
Infineon Technologies Provides Business Continuity Customer Notification as of May 19, 2020.
Our Assembly & Test factory in Tijuana (Mexico) is currently still in operation at a limited volume. The Mexican Federal Government presented a plan to re-open the economy starting 1 June 2020.
5/19/2020
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Pegatron Corporation
Pegatron swings to operating loss in 1Q20 due to the impact of COVID-19 pandemic.
Pegatron has reported operating losses of NT$282 million (US$9.4 million) for the first quarter of 2020 with company chairman TH Tung noting that the losses were primarily from its chassis subsidiary Casetek Holdings.
5/19/2020
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Isahaya Electronics Corporation
Isahaya Electronics Provides Business Update regarding COVID-19 as of May 19, 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, May 13 as follows.
5/19/2020
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Transcat, Inc.
Transcat Tops Q4 Revenue Estimates despite the impact of COVID-19 pandemic.
ROCHESTER, NY, May 19, 2020 – Transcat, Inc. (Nasdaq: TRNS) (“Transcat” or the “Company”), a leading provider of accredited calibration, repair, inspection and laboratory instrument services and value-added distributor of professional grade handheld test, measurement and control instrumentation, today reported financial results for its fourth quarter and fiscal year ended March 28, 2020 (“fiscal 2020”). Results include the previously reported acquisitions of Gauge Repair Service, effective April 1, 2019, and TTE Laboratories, Inc. (“TTE”), effective February 21, 2020.
5/19/2020
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Raven Industries, Inc.
Raven Industries Reports First Quarter Fiscal 2021 Results and Provides COVID-19 Business Update.
Sioux Falls, S.D. (May 19, 2020) — Raven Industries, Inc. (the Company; NASDAQ:RAVN) today reported financial results for the first quarter that ended April 30, 2020.
5/19/2020
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Compass Group PLC
Compass Group Provides Update on the impact of COVID-19 and half year results for the six months to 31 March 2020.
The COVID-19 pandemic has had a profound impact on Compass. We can only exist with the commitment of our colleagues around the world, many of whom have been on the front line of the battle against the pandemic. I am extremely proud of how the organisation has responded, and I'm humbled by the commitment and dedication our people are showing, day in day out.
5/19/2020
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Wi2Wi
Wi2Wi Remained profitable while adapting to meet the needs of key customers amid the COVID-19 pandemic.
TORONTO, ON / May 19, 2020 / Wi2Wi Corporation today announced its unaudited consolidated financial results for the quarter ending March 31, 2020. The company remained profitable while adapting to meet the needs of key customers amid the COVID-19 pandemic.
5/19/2020
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ON Semiconductor Corporation
ON Semiconductor Focusing On Community In Time Of COVID-19
COVID-19 has been tough on everyone. Many companies have had to make many tough decisions during the COVID-19 pandemic and have been challenged to make the correct financial decisions and cost-cutting measures that will allow them to continue operations.
5/18/2020
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Cristek Inc
Cristek Remains open and operational throughout COVID-19 pandemic with limited disruptions.
Cristek has, thankfully, been able to remain open and operational throughout the pandemic. Throughout these past few weeks, only our Anaheim facility had any closure impacts which was limited to only a single day in early April. We were able to validate our status as an essential business, used the day to implement significant health and safety protocols, and immediately reopened the following day. Since then, however, we continue to have higher than usual absences across all sites as well as minor supply chain disruptions that have impacted operations. We maintain daily communication with our employees and supplier partners to mitigate risks to employee health and supplier performance.
5/18/2020
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Foxconn Electronics Inc.
Pandemic Drives Foxconn Profits Down Nearly 90 Percent
Electronics manufacturer Foxconn, best known for assembling Apple’s iPhones, has reported profits down nearly 90 percent for the first quarter, as the coronavirus pandemic disrupted supply chains worldwide.
5/18/2020
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Ford Motor Company
Amid COVID-19 outbreak, Ford Resumes U.S. Production and Operations.
Ford started resuming production and operations in the United States today. The company has implemented robust safety and care measures globally to help support a safe and healthy environment for the company’s workforce, including health assessment measures, personal protective equipment and facility modifications to increase social distancing.
5/18/2020
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Foster Electric Co. Ltd.
Foster Electric Reports Consolidated Financial Results for the Fiscal Year Ended March 31, 2020 and Provides COVID-19 Business Update.
The dividend paid at the end of the second quarter of the fiscal year ended March 31, 2020 comprised an ordinary dividend of ¥15.00 and a commemorative dividend of ¥5.00.
5/18/2020
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Inventronics (Hangzhou) Co., Ltd.
Inventronics Announces Update Regarding Impact of COVID-19 as of May 18, 2020.
The Inventronics Indian manufacturing center remains closed through May 31st in compliance with government guidelines. Sales and support functions in India remain open through remote capabilities. Our other global offices including North American and European distribution centers remain open to serve our customers. In all our facilities, Inventronics has made accommodations to ensure employee safety including allowances to work remote, split work shifts and enhanced cleaning procedures.
5/18/2020
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Cicor Group
Due to the impact of COVID-19, Cicor's production sites Remains in operation at limited capacity and Updates its outlook for the results of the first half-year 2020.
The production sites of the Cicor Group have so far been in operation at all times during the course of the COVID-19 pandemic. Thanks to the implemented protective measures, the ability to deliver to customers was ensured at all times and at the same time the employees were protected against an infection with the new coronavirus, the company writes in the update.
5/18/2020
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NKK SWITCHES CO., LTD.
NKK SWITCHES Provides Statement regarding Operational Status at its factory in Philippines amid COVID-19 pandemic.
This is a quick update on the production situation in the Philippines. Our factory was set to resume production on 18 May after a closedown period of several weeks. As of today, access to Mactan Island, where our production site is located, is still heavily restricted due to Anti-COVID-19-measures by the government. As a result, the production is defacto still paused in the Philippines. We will inform you as the situation changes. Please keep monitoring our backlog reports for any backorder-related updates.
5/18/2020
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SHINDENGEN ELECTRIC MANUFACTURING CO., LTD.
SHINDENGEN ELECTRIC MANUFACTURING Provides update regarding Business Continuity Status amid COVID-19 pandemic as of May 18, 2020.
We would like to inform you about the effects of the new coronavirus infectious disease ( COVID-19 ) on the production and shipment of our group.
5/18/2020
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Keystone Electronics Corp.
Keystone Electronics Provides Business Update regarding COVID-19 outbreak.
We remain functional with our weekly shipment and available to respond to any of your request.
5/18/2020
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Kitz SCT America
Kitz SCT America Announces Notice regarding work system for new coronavirus measures as of May 17, 2020.
Emergency declaration '' based on the new coronavirus special measure is specified Due to the extension of the warning period for prefectures and cancellation of the `` emergency declaration '' for other regions, our work system is as follows: We will inform you as soon as possible.
5/17/2020
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General Motors Company
GM tells Mexico workers it plans May 20 restart at Silao plant
MEXICO CITY (Reuters) - General Motors Co is tentatively planning to restart operations at its auto assembly plant in the Mexican city of Silao on May 20, according to a message to workers seen by Reuters on Sunday, as the car industry prepares to exit the coronavirus lockdown.
5/17/2020
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Lattice Semiconductor Corporation
Lattice Semiconductor Supply Chain Status amid COVID-19 pandemic.
The Lattice Supply Chain utilizes a broad, diverse global supply base. Our primary silicon foundries are located across multiple countries, including Japan, Taiwan, and Korea. Similarly, our Offshore Assembly & Test partners are located across Taiwan, the Philippines, and Malaysia.
5/17/2020
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The Walt Disney Company
Disney Springs to partially reopen on May 20
While our theme parks and resort hotels remain temporarily closed, the phased reopening of Disney Springs is a welcome milestone, Disney Springs (NYSE:DIS) Vice President Matt Simon said in a statement. Safeguards to protect employees from the coronavirus will be in place at the entertainment and shopping complex.
5/17/2020
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Fiat Chrysler Automobiles N.V.
FCA talks about response to worker sick with COVID-19, safe restart of plants
FOX 2 - As Fiat Chrysler gets ready to resume production Monday, some employees say they are still worried that the automaker isn't doing enough to protect them from the coronavirus.
5/16/2020
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Toyota Motor Corporation
Toyota plans to cut Japan car output by 122,000 units in June due to coronavirus
Toyota Motor Corp on Friday said it would reduce vehicle production in Japan by 122,000 units in June, as a lack of demand for new cars due to the coronavirus prompts the automaker to keep its plants running on limited operations.
5/16/2020
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Amazon.com, Inc.
Amazon reopening French warehouses on May 19
According to a statement to Bloomberg, Amazon (NASDAQ:AMZN) will gradually reopen its six warehouses in France starting on May 19.
5/15/2020
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Apple Inc.
Apple to Reopen 10 of 17 Retail Stores in Italy Next Week
Apple Inc. said it plans to reopen 10 of its 17 stores in Italy next week, the latest move to revive a retail sales network that was hammered by the Covid-19 pandemic.
5/15/2020
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Solvay Group
Belgian giant Solvay to shut two UK and US plants
Belgian chemical giant Solvay announced Friday it will close composite materials plants in Britain and the United States and cut around 570 jobs, 20 percent of its global workforce.
5/15/2020
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AmpliTech Group, Inc.
Amplitech Tops Q1 Revenue Estimates despite the impact of COVID-19 on its Production Sites in New York.
Bohemia, NY, May 15, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- AmpliTech Group, Inc. (OTCQB: AMPG): AMPG today reported increased revenue for the first quarter of 2020, notwithstanding the negative impact that the closure of its two facilities in New York, due to COVID-19 had on its business
5/15/2020
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CBAK Energy Technology, Inc.
CBAK Energy Technology business operations have been and may continue to be materially and adversely affected by the outbreak of the coronavirus (COVID-19).
CBAK Energy Technology, Inc. (the “Company”) will be unable to file its Quarterly Report on Form 10-Q for the quarter ended March 31, 2020 (the “10-Q”) by May 15, 2020 due to circumstances related to COVID-19. The Company is relying on the SEC order under Section 36 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), dated March 25, 2020 (Release No. 34-88465) to extend the due date for the filing of the 10-Q. The Company expects to file the 10-Q on or before June 29, 2020 (45 days after the original due date).
5/15/2020
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Transfer Multisort Elektronik Sp. z o.o.
Despite the impact of COVID-19 pandemic, Transfer Multisort Elektronik Remains fully operational.
Despite the difficulties we all face due to the COVID-19 pandemic, TME does not suspend its operations. The sales department operates in standard business hours, and the distribution center carries out orders continuously.
5/15/2020
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discoverIE Group plc
discoverIE Group Provides statement on Business Operational Status and Covid-19 trading update.
discoverIE Group plc (LSE: DSCV, “discoverIE” or the “Group”), a leading international designer, manufacturer and supplier of customised electronics to industry, today issues a trading update for the year ending 31 March 2020.
5/15/2020
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Variosystems
Current impact of the coronavirus on Variosystems as of May 15, 2020.
Enclosed you will find a current overview of our locations – the situation may change daily.
5/15/2020
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HONDA TSUSHIN KOGYO CO.,LTD.
HONDA TSUSHIN KOGYO Provides Business Update regarding COVID-19 pandemic as of May 15, 2020.
Following the cancellation of part of the emergency declaration on May 14, the Azumino Plant will ease the shift leave currently underway.
5/15/2020
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Foxconn Electronics Inc.
Apple Supplier Foxconn, Hit By Coronavirus, Posts 90% Profit Drop
Foxconn Technology Group, Apple Inc.’s biggest supplier, was the latest global manufacturer whose profit was dented by the coronavirus pandemic, posting a 90% year-over-year decline in the first quarter after it shut down plants in China for weeks during that period.
5/15/2020
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Fuji Electric Co. Ltd.
Due to the impact of COVID-19 outbreak, Fuji Electric Postpones the release of Financial Results for Fiscal Year Ended March 31, 2020 to May 29, 2020.
Fuji Electric Co., Ltd., provides notification that the date for the announcement of its financial results for the fiscal year ended March 31, 2020, has been decided as follows. As explained in the news release entitled “Notice of Postponement of Announcement of Financial Results for Fiscal Year Ended March 31, 2020” on April 14, 2020, this announcement had previously been postponed due to delays in calculating and auditing financial results that was attributable to the impacts of the COVID-19 pandemic.
5/15/2020
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poLight ASA
poLight ASA Remains in operation amid COVID-19 pandemic and Reports first quarter 2020 financial results.
Horten, 15 May 2020 - poLight ASA (OSE: PLT) today announced its results for first quarter of 2020.
5/15/2020
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Panasonic Corporation
Panasonic Provides Business Continuity update amid the impact of COVID-19 outbreak.
In order to reduce the spread of the Coronavirus (COVID-19), the Malaysia government announced a “Restricted Movement Order,” which closes almost all businesses from March 18, 2020 through May 13, 2020 which has just ended.
5/15/2020
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First Sensor AG
First Sensor Sees Minor Coronavirus Effects in the First Quarter.
In the first quarter of fiscal 2020, the First Sensor Group generated sales of €38.8 million (previous year: €41.4 million) and was therefore roughly on a par with the previous quarter. The effects of the coronavirus pandemic initially affected only plant closures by Chinese customers and, late in the quarter, European customers too. They initially had little impact on sales.
5/15/2020
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CTS Corporation
CTS Provides update regarding Business Continuity Status in Malaysia amid COVID-19 outbreak as of May 15, 2020.
Malaysia sees many positive developments in its fight against COVID-19, the efforts have not fully succeeded. As such, the Movement Control Order (MCO) has been extended for a further month until June 9. This is a fourth extension. Although CTS is granted a 2-shift waiver from the authority, non-essential businesses and schools are still shut. Domestics and International travel are also prohibited. As a result, the attendance of our operators and technical experts are way below the expectation.
5/15/2020
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Microsoft Corporation
Microsoft Issues Security Data on COVID-19-Themed Cyberattacks
Microsoft has publicly released its COVID-19 threat intelligence data in efforts to inform customers of new approaches in cyberattacks.
5/15/2020
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Nichia Corp.
Due to the impact of COVID-19 outbreak, Nichia Extends period of working from home to May 29, 2020.
Nichia has a social responsibility perspective to prevent the spread of new coronavirus infections. From the point of view, we used to work from home (telework) for employees. We would like to inform you that we have decided to extend it as follows. We apologize for the inconvenience caused to our business partners and other parties concerned. We appreciate your understanding.
5/15/2020
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Forward Industries, Inc.
Forward Industries delays 10-Q due to pandemic.
On March 25, 2020, the Securities and Exchange Commission (the “Commission”) issued an order under Section 36 of the Securities Exchange Act of 1934 (the “Exchange Act”), modifying exemptions from the reporting requirements for public companies (Release No. 34-88465) (the “Order”), which allows companies to delay the filing of certain reports required under Section 13(a) or 15(d) of the Exchange Act for up to 45 days from the original filing deadline if a company is unable to timely file such report by the original filing deadline due to circumstances related to the 2019 novel coronavirus (“COVID-19”) pandemic.
5/15/2020
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Omphalos, Corp
Omphalos results of operations could be adversely affected by general conditions in the global economy including the outbreak of COVID-19.
Our results of operations could be adversely affected by general conditions in the global economy, including conditions that are outside of our control, such as the impact of health and safety concerns from the outbreak of COVID-19. The outbreak in China has resulted in the temporary closures of factories as mandated by the provincial governments in various provinces of China from late January to March, which has adversely affected our ability to supply equipment, services and related products to our customers. Due to the Chinese factories' shutdowns and traffic restrictions during the outbreak in China and potential shutdowns and traffic restrictions in the countries where our suppliers are located, our supply chain and business operations of our suppliers may be affected. Disruptions from the closure of supplier and manufacturer facilities, interruptions in the supply of raw materials and components, personnel absences, or restrictions on the shipment of our or our suppliers' or customers' products, could have adverse ripple effects on our manufacturing output and delivery schedule. We also face difficulties in collecting our accounts receivables due to the effects of COVID-19 on our customers and risk gaining a large amount of bad debt. Global health concerns, such as COVID-19, could also result in social, economic, and labor instability in the countries and localities in which we or our suppliers and customers operate.
5/15/2020
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Tesla
Panasonic resumes work at Tesla Nevada facility, delays New York start
Panasonic (OTCPK:PCRFY) has resumed work making batteries at Tesla's (NASDAQ:TSLA) Nevada Gigafactory, The Verge reports.
5/15/2020
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Murata Manufacturing Co., Ltd.
Murata Manufacturing Provides update regarding Business Continuity amid COVID-19 pandemic.
Partial Government reopening has been approved. Murata Philippine’s (PMM) will resume shipments from May 18th. Limited factory operation has resumed under strict health and safety protocols. With our current ramp-up schedule, full production is targeted for August 2020.
5/15/2020
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IRCE S.p.A.
IRCE S.p.A. Announces the impact of COVID-19 pandemic on consolidated financial statements for the year ended at 31st March 2020.
The Board of Directors has today approved the consolidated financial statements as at 31st March 2020. IRCE Group’s first quarter 2020 (hereinafter also the "Group") closed with a loss of € 0.87 million.
5/15/2020
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Sanken Electric Co., Ltd.
Sanken Electric Announces the impact of COVID-19 pandemic on FY 2019 Consolidated Financial Results.
The full-year consolidated financial forecast for the year ending March 31, 2021, is undecided, as it is currently difficult to reasonably calculate the impact of the novel coronavirus disease (COVID-19).
5/15/2020
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VARTA AG
VARTA AG makes positive start to new fiscal year 2020 with sharp increases in revenue and Continues production despite the spread of COVID-19 outbreak.
VARTA AG is today publishing its figures for the first quarter of 2020 – including the consolidated figures of the acquired European VARTA Consumer Batteries business (VARTA Consumer) for the first time following its acquisition. The Group has made a positive start to the new fiscal year, building upon the substantial organic growth in revenue and income achieved in the past. Group revenue grew by 170.3% in the first quarter to € 198.5m. Organic revenue growth, excluding the first-time consolidation of VARTA Consumer, amounted to 68.2%. Adjusted EBITDA increased by 197.0% to € 51.7m. Excluding VARTA Consumer, adjusted EBITDA rose by 135.0%. The adjusted EBITDA margin improved by 2.3PP to 26.0%, while Group profit rose by 265% to € 24.5m.
5/15/2020
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ELECOM CO. ,LTD.
ELECOM Provides notification regarding support system for preventing the spread of new coronavirus infection (COVID-19).
We would like to express our deepest sympathies and condolences to all those who died of the new coronavirus infection and their families and related persons. We will reduce the support system for the work of ELECOM General Information Center and each product support window in order to prevent infection of new type coronavirus infectious disease, prevent the spread of infection, and respond to business continuity.
5/15/2020
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Hitachi Metals, Ltd
Due to the impact of COVID-19, Hitachi Metals Rescheduled Announcement of Consolidated Financial Results for the Fiscal Year Ended March 31, 2020 to May 27, 2020.
As announced in the press release entitled “Notification Regarding the Announcement of Consolidated Financial Results for the Fiscal Year Ended March 31, 2020 (Postponement)” issued on April 13, 2020, Hitachi Metals’ consolidated accounting procedures for the fiscal year ended March 31, 2020 have been delayed by lockdowns in regions around the world due to the spread of COVID-19, which has caused delays in the accounting procedures of overseas subsidiaries, and the announcement of financial results for the fiscal year ended March 31, 2020 was expected to be made from mid-May onwards.
5/14/2020
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NOTE Norrtelje AB
Note Reopens plant in Windsor and Announces that Q2 showed strong development.
At the end of March, the EMS provider suspended production at its plant in Windsor, UK, following the British authorities' decision to limit all unnecessary travel and industrial operations. Now, things are moving forward.
5/14/2020
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AT & S Austria Technologie & Systemtechnik Aktiengesellschaft
AT & S Delivered solid results for the financial year 2019/20 despite the spread of COVID-19 and Provides Business Update.
AT&S delivered solid results for the financial year 2019/20 despite a challenging operating environment (e.g. trade conflict China-USA, Brexit, global economic downturn and COVID-19). Strategically, AT&S is on a promising course. Globally the past financial year was heavily influenced by a significant slowdown of the economy and the outbreak of the COVID-19 pandemic.
5/14/2020
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Ulvac Inc.
Ulvac Reports FY2019 for First to Third Quarter Financial Results and Provides Business Update regarding COVID-19 pandemic.
Both gross profit margin and operating profit margin were in high level because the fixed cost decreased due to the impact COVID-19.
5/14/2020
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ADDvantage Technologies Group, Inc.
ADDvantage Technologies Reports Financial Results for Second Quarter of Fiscal 2020 and Announces Business Continuity Update regarding COVID-19 pandemic.
CARROLLTON, Texas, May 14, 2020 (GLOBE NEWSWIRE) -- ADDvantage Technologies Group, Inc. (NASDAQ: AEY) (“ADDvantage Technologies” or the “Company”) today reported its financial results for the three- and six-month periods ended March 31, 2020.
5/14/2020
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Costar Technologies Inc
Despite the impact of COVID-19, Costar Technologies Tops Q1 Revenue Estimates and Remains in operation as an Essential Business.
Coppell, Texas – May 14, 2020 – Costar Technologies, Inc. (the “Company”) (OTC Markets Group: CSTI) announced today its financial results for the first quarter ended March 31, 2020 that have been reviewed by the independent accounting firm BKD, LLP.
5/14/2020
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Cypress Semiconductor Corporation
Cypress Provides Update on Business Continuity regarding COVID-19 outbreak as of May 14, 2020.
Cypress, an Infineon Technologies Company (refered to in this letter as Cypress), remains dedicated to providing our customers and channel partners with up-to-date communications as they pertain to our supply chain capabilities. Cypress has a global manufacturing supply chain network that includes manufacturing facilities and partners located in countries around the world.
5/14/2020
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One Stop Systems, Inc.
OSS Reports Q1 2020 Revenue Up 33% to $13.4 Million and Provides Business Continuity Status amid COVID-19 pandemic.
ESCONDIDO, Calif., May 14, 2020 (GLOBE NEWSWIRE) -- One Stop Systems, Inc. (Nasdaq: OSS), a global leader in specialized high-performance edge computing and AI on the Fly®, reported record results for its first quarter ended March 31, 2020.
5/14/2020
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SUN Electronic Industries Corporation
SUN Electronic Industries Announces measures in response to the COVID-19 pandemic.
First of all, we would like to express our deepest condolences to those who lost their lives, and sympathies to the patients and their families who are suffering from COVID-19 infection.
5/14/2020
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SAF Tehnika
During the Covid-19 pandemic, all offices and the manufacturing facility of SAF Tehnika are operating normally.
For Q3 of the FY 2019/2020, the Group's unaudited consolidated net turnover was 4.52 million euros, which is by 24% more than in Q3 of the FY 2018/2019. The Group ended the Q3 of FY 2019/2020 with a profit of EUR 158 thousand (unaudited). The unaudited consolidated result for 9 months of the FY 2019/2020 is profit of EUR 610 thousand.
5/14/2020
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Kemet Corporation
Despite the impact of COVID-19 pandemic, KEMET's Fourth Quarter results Exceeded revenue guidance.
FORT LAUDERDALE, Fla., May 14, 2020 (GLOBE NEWSWIRE) -- KEMET Corporation (the “Company”) (NYSE: KEM), a leading global supplier of electronic components, today reported preliminary results for the fourth quarter and fiscal year ended March 31, 2020.
5/14/2020
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Hua Hong Semiconductor Limited
Hua Hong Semiconductor Limited Announces that 2020 First Quarter Results Affected by COVID-19 pandemic and Provides Business Update.
Hong Kong Special Administrative Region of the People’s Republic of China – May 14, 2020. Hua Hong Semiconductor Limited (SEHK: 1347) (the “Company”), a global, leading pure-play foundry, today announced its consolidated operational results for the quarter ending March 31, 2020.
5/14/2020
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eMagin Corporation
Despite the spread of COVID-19 pandemic, eMagin Remains in operations as an essential business and Announces that Revenue for First Quarter 2020 exceeds guidance at $6.7 million for First Quarter 2020.
HOPEWELL JUNCTION, N.Y.--(BUSINESS WIRE)--May 14, 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 today announced results for the first quarter 2020.
5/14/2020
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CKD USA Corporation
CKD USA Announces the impact of COVID-19 on consolidated results for the current fiscal year.
In the Japanese economy during the fiscal year under review, the employment situation and income environment continued to improve, but their growth slowed. Corporate profits continued to stagnate in the manufacturing industry due to sluggish exports to China, and there were signs that companies were postponing capital investment.
5/14/2020
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Lantronix, Inc.
Despite significant supply chain and business disruption due to COVID-19 , Lantronix Tops Q3 Earnings and Revenue Estimates.
Irvine, CA – May 14, 2020 – Lantronix, Inc. (NASDAQ: LTRX), a global provider of secure data access and management solutions for the industrial Internet of Things (IoT), today reported results for the third quarter of fiscal 2020 that ended March 31, 2020.
5/14/2020
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Honda Motor Co., Ltd.
Honda to resume production in Britain next month
Japanese automaker Honda Motor will restart its British plant, which has remained closed due to the coronavirus pandemic since mid-March.
5/14/2020
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Ballantyne Strong, Inc.
Amid the spread of COVID-19, Strong/MDI Screen Systems a wholly owned subsidiary of Ballantyne Strong Resumed Manufacturing Operations.
Joliette, Quebec, Canada , May 14, 2020 (GLOBE NEWSWIRE) -- Strong/MDI Screen Systems, Inc., a wholly owned subsidiary of Ballantyne Strong, Inc. (NYSE American: BTN), and a leader in projection screen manufacturing and optical coating development for cinemas, commercial venues and amusement parks worldwide (“Strong MDI”), is pleased to announce that it has returned to full production capacity in compliance with government directives and workplace sanitation protocols.
5/14/2020
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CSP Inc.
CSP Reports Fiscal Year 2020 Second Quarter Financial Results and Provides COVID-19 Business Update.
LOWELL, Mass., May 14, 2020 (GLOBE NEWSWIRE) -- CSP Inc. (NASDAQ: CSPI), a provider of security and packet capture products, managed IT and professional services and technology solutions, reported financial results for the 2020 fiscal second quarter ended March 31, 2020 and provided a business update.
5/14/2020
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Stratasys Ltd.
Stratasys Withdraws its 2020 financial guidance for revenue and Provides COVID-19 update.
MINNEAPOLIS & REHOVOT, Israel--(BUSINESS WIRE)-- Stratasys Ltd. (NASDAQ: SSYS) announced financial results for the first quarter of 2020.
5/14/2020
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Kioxia Corporation
Kioxia Reports Financial Results for FY2019 ended March 31, 2020 and Provides Business Continuity Status amid COVID-19 outbreak.
On April 1, 2017, Toshiba Corporation spun off its memory business into the former Toshiba Memory Corporation (“Former TMC”). On June 1, 2018, Toshiba Corporation sold all of the shares of Former TMC to K.K. Pangea, a special purpose acquisition company formed by a consortium led by Bain Capital Private Equity, LP, and as a result, Former TMC became a wholly-owned subsidiary of K.K. Pangea. On August 1, 2018, K.K. Pangea merged with Former TMC, with K.K. Pangea as the legally surviving entity.
5/14/2020
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Trio-Tech International
Trio-Tech International Announces the Extension for Filing of Quarterly Report on Form 10-Q for the Quarter Ended March 31, 2020, due to Coronavirus.
On March 4, 2020, the U.S. Securities and Exchange Commission (the “SEC”) issued an order under Section 36 (Release No. 34-88318) of the Securities Exchange Act of 1934, as amended (“Exchange Act”), granting exemptions from specified provisions of the Exchange Act and certain rules thereunder. On March 25, 2020, the order was modified and superseded by a new SEC order (Release No. 34-88465), which provides conditional relief to public companies that are unable to timely comply with their filing obligations as a result of the novel coronavirus (“COVID-19”) outbreak (the “SEC Order”).
5/14/2020
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Espec Corp.
ESPEC coming back to full production
Our production facility is now ramping back up to full production after our “Stay Home” order related to COVID-19 was lifted starting 5/11/2020. Your business is important to us and we appreciate your trust in us to handle your environmental test equipment needs.
5/14/2020
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Japan Aviation Electronics Industry, Ltd.
Operation status of JAE Group manufacturing bases due the effect of Coronavirus Disease (COVID-19), as of May 14.
Please be informed the operation status of the JAE Group's manufacturing bases due to the COVID-19.
5/14/2020
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Nova Measuring Instruments Ltd.
Despite the impact of COVID-19, Nova performed well during First Quarter 2020 with revenue and profitability exceeding the guidance.
Rehovot, Israel, May 14, 2020 - Nova (Nasdaq: NVMI) today announced financial results for the first quarter ended March 31st, 2020.
5/14/2020
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Image Sensing Systems Inc.
ISS Announces 2020 First Quarter Results and Provides COVID-19 Business Update.
Saint Paul, Minn., May 14, 2020 -- Image Sensing Systems, Inc. (Nasdaq: ISNS) today announced results for its quarter ended March 31, 2020.
5/14/2020
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NIBE Industrier AB
NIBE Industrier AB Announces A stable start to the year, relatively modest impact from COVID-19.
Sales rose by 10.1% to SEK 6,345 million (SEK 5,763 million), Profit after net financial items increased by 7.9% to SEK 574 million (SEK 532 million), Earnings per share amounted to SEK 0.84 (SEK 0.82) Acquisition of Serbian TIKI Group, Turkish Üntes, Dutch Nathan, German Waterkotte and Swedish VEÅ (after end of period)
5/14/2020
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Spectra7 Microsystems Ltd
Spectra7 To Postpone Reporting First Quarter Financial Results Due to COVID-19 Related Delays.
SAN JOSE, CA - (Business Wire) – Spectra7 Microsystems Inc. (TSX:SEV) (“Spectra7” or the “Company”), a leading provider of high-performance analog semiconductor products for broadband connectivity markets, announced today that due to logistical issues and delays caused by the COVID-19 virus, it is relying on the exemption provided in Ontario Instrument 51-502 Temporary Exemption from Certain Corporate Finance Requirements (and similar exemptions provided by other Canadian securities regulators) (the “Ontario Instrument”) to postpone the filing of the following continuous disclosure documents (collectively, the “Documents”).
5/14/2020
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Applied Materials, Inc.
Applied Materials Tops Q2 Revenue Estimates despite the spread of COVID-19 pandemic.
SANTA CLARA, Calif., May 14, 2020 (GLOBE NEWSWIRE) -- Applied Materials, Inc. (NASDAQ: AMAT) today reported results for its second quarter ended Apr. 26, 2020.
5/14/2020
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3M Company
3M Reports the impact of COVID-19 on Sales for Month of April 2020.
ST. PAUL, Minn.--(BUSINESS WIRE)-- 3M (NYSE: MMM) today reported sales information for the month of April 2020. The company withdrew its full-year 2020 outlook on April 28, 2020, due to the uncertain impact of the COVID-19 pandemic, and committed to provide monthly updates until it is better able to forecast future performance.
5/14/2020
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FDK CORPORATION
FDK Remains in operation amid COVID-19 pandemic and Announces Consolidated Operating Results for FY2019 ended March 31, 2020.
The business environment of the FDK Group (“FDK”) during the fiscal year ending March 31, 2020, the economic trend of Japan was steady from improving employment, while impact of the consumption tax increase was limited due to the government several measures such as the introduction of reduced tax rates and the redemption of cashless settlement points in the first half of FY2019. However, throughout the period, uncertain condition remained due to stagnation of demand in the electronic industry to where FDK belongs, domestic oriented national policies and continuation of trade friction such as U.S. and China, and unstable economic trend of Europe, in addition to stagnation the supply-chain and economic by the spread of COVID-19
5/14/2020
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CKD USA Corporation
CKD USA Announces the impact of COVID-19 on Financial results for the Fiscal Year Ended March 31, 2020.
The economic environment is uncertain because of spread of COVID-19. Due to the difficulty foreseeing the fullyear business result in the present circumstance, the company will issue the consolidated financial forecast only for the first quarter of the fiscal year ending on March 31, 2021.
5/14/2020
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Nagase Co. Ltd.
Nagase Announces the impact of COVID-19 on Financial Results for the Fiscal Year Ended March 31, 2020.
These financial statements have been prepared for reference only in accordance with accounting principles and practices generally accepted in Japan.
5/14/2020
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Ledil
LEDiL update under COVID-19, as of May 14.
We are pleased to confirm that all LEDiL operations continue to work at full speed to support our customers and partners in their business during this challenging time. Our production and logistics operations around the world are also functioning normally for securing reliable deliveries.
5/14/2020
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Tesla
Tesla May Have Reached an Agreement with Alameda County on Return to Work
Alameda County and Tesla seem to have come to an agreement that would allow for production to begin a the Fremont factory as early as May 18.
5/13/2020
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Samtec
Samtec Provides Coronavirus Update and Service Recovery Progress as May 13, 2020.
All Samtec Manufacturing Facilities are 100% Operational - Hiring has continued at all sites - Daily output continues to increase at all sites - Samtec is “on-track” with our Service Recovery Plan illustrated below - Bookings are showing some signs of stabilization at an elevated rate of $4.1 million/day
5/13/2020
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Amazon.com, Inc.
Amazon likely to extend French warehouse closures
Amazon (NASDAQ:AMZN) plans to extend the closure of its six French warehouses until May 18, following court rulings that ordered it to restrict deliveries during the COVID-19 pandemic or face hefty fines.
5/13/2020
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Molex Incorporated
Molex Provides update regarding Business Operational Status amid COVID-19 May 13, 2020.
An update on the operational status of Molex’s manufacturing facilities.
5/13/2020
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TT Electronics plc
TT Electronics Provides Business Update regarding COVID-19 pandemic as of May 13, 2020.
An update on the operational status of TT Electronics’s manufacturing facilities.
5/13/2020
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Bulgin
Bulgin Provides Notification regarding reduction in lead-time and Business Update during COVID-19 pandemic.
As planed the government of Tunisia has approved that a large portion of our work force to return to the factory starting this week
5/13/2020
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NCAB CORPORATION
NCAB Provides update regarding Supply chain situation due the Corona virus (COVID 19) as of May 13, 2020.
As the coronavirus (COVID-19) has an impact on NCAB Group, our customers and suppliers we are doing everything we can to protect our employees and support our customers and factories. Below you find the latest update on precautions for social responsibility and factory/capacity status.
5/13/2020
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Ideal Power Inc.
Ideal Power Reports First Quarter 2020 Financial Results and COVID-19 Update.
AUSTIN, TX / ACCESSWIRE / May 13, 2020 / Ideal Power Inc. (NASDAQ:IPWR) ("Ideal Power, the "Company," "we" and "our"), pioneering the development and commercialization of highly efficient and broadly patented B-TRAN™ bi-directional power switches, reported results for its first quarter ended March 31, 2020.
5/13/2020
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Compal Electronics, Inc.
Compal Announces that 1Q20 Financial Results Affected by Covid-19 outbreak.
Compal Electronics, Inc. (“Compal”) (TAIEX: 2324) today announced 1Q20 consolidated financial results. Impacted by the Covid-19 outbreak, 1Q20 consolidated revenue was NT$182,047 Million, -32% QoQ and -14% YoY. Due to the lower utilization and higher expenses related to Covid-19 prevention, 1Q20 consolidated operating profit declined to NT$906 Million, -71% QoQ and -63% YoY. 1Q20 consolidated net profit attributed to the parent company was NT$605 Million. EPS was NT$0.14.
5/13/2020
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Cosel Co. Ltd.
Cosel Provides Business Update regarding COVID-19 pandemic as of May 13, 2020.
Cosel factories in Japan and China are operating as normal and there is no direct impact to factory operations. Due to long lead-times for some components, there is currently less production for some affected models. Cosel is preparing to recover production and delivery for the back log when component delivery stabilizes and returns to normal.
5/13/2020
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CCS, Inc. (Custom Computer Services)
CCS Provides Business Update regarding COVID-19 outbreak.
Despite these challenges, CCS staff is continuing to provide technical support, as well as processing orders. It is essential customers have the tools they need to provide the development of existing or new products that may be necessary in the fight of Covid-19.
5/13/2020
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Maxell Holdings, Ltd.
Maxell Holdings Provides COVID-19 Business Update.
Domestic production bases are operating at almost normal level. However, there would be concern of stagnation of material supply and sales depends on future condition.
5/13/2020
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Ford Motor Company
Ford To Restart U.K. Operations and Announces that all European Production Facilities running Under New Health and Safety Protocols amid COVID-19 pandemic.
DUNTON, U.K, May 13, 2020 – Ford confirmed today that it intends to restart initial production at its Dagenham Engine Plant in Essex and Bridgend Engine Plant in South Wales from May 18.
5/13/2020
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Hamamatsu Photonics K.K
Hamamatsu Photonics Announces the impact of COVID-19 on Consolidated Financial Results for the Second Quarter of Fiscal Year ending September 30, 2020.
During the second quarter of this fiscal year (six months ended March 31, 2020), Japan’s economy was increasingly challenging due to the restrained economic activities as a result of the declining demand and the turmoil in supply chains caused by the spread of the coronavirus, in addition to the continuous restrained capital investment caused by the trade friction between the U.S. and China and the slowdown of overseas economies.
5/13/2020
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Servotronics Inc.
Servotronics, Inc. Announces First Quarter Results for the Period Ended March 31, 2020 and Provides COVI-19 Business Update.
Elma, NY – Servotronics, Inc. (NYSE American: SVT), a designer and manufacturer of servo-control components and other advanced technology products, announced today the results of its operations for the quarter ended March 31, 2020.
5/13/2020
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Johnson Electric.
Johnson Electric Reports results for the year ended 31 March 2020 and Announces Business Update regarding COVID-19 outbreak.
HONG KONG, 13 May 2020 – Johnson Electric Holdings Limited (“Johnson Electric”), a global leader in electric motors and motion subsystems, today announced its results for the twelve months ended 31 March 2020.
5/13/2020
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Accton Technology Corporation
Despite the spread of COVID-19, Accton Technology Reports solid results with slight growth for First Quarter 2020 Financial Results.
HSINCHU, Taiwan, May 13, 2020 Accton Technology Corporation (Accton) (TWSE:2345), a premier provider of communication solutions, today reported financial results for its first quarter 2020 following board meeting approval. The consolidated revenue in the first quarter was NT$ 11.724 billion, an increase of 5% from the same period in 2019. The net income in the first quarter was NT$ 1.032 billion with NT$ 1.86 per share.
5/13/2020
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Shirai Electronics Industrial Co. Ltd.
Shirai Electronics Industrial Provides notice regarding cancellation of financial results briefing for the year ending March 31, 2020 due to COVID-19 outbreak as of May 13, 2020.
In consideration of the current spread of new coronavirus infections, we place the highest priority on ensuring the health and safety of participants and related parties, and have held financial results briefings (institutional investors For analysts and business partners, we have decided to cancel the meeting in May of this year (2020). We apologize for the inconvenience, and we kindly ask for your understanding.
5/13/2020
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Maxell Holdings, Ltd.
Maxell Holdings Reports the impact of COVID-19 on Financial Results for the Year Ended March 31, 2020 and Provides Business Update.
In the consolidated fiscal year ended March 31, 2020, the Company has acquired the shares of the Company through the trust relating to “performancelinked share-based remuneration system”. And the shares of the Company held by the trust are recorded as Treasury shares in the Consolidated Balance Sheets of the year, and included in the treasury shares deducted in the calculation of the number of shares at the end of period used in the calculation of “Net assets per share” of the year.
5/13/2020
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APM Hexseal
APM Hexseal Provides Business Update regarding COVID-19 outbreak.
In the midst of the COVID-19 pandemic, businesses in many industries have pressed on to fulfill critical needs throughout our society. As an essential business, APM Hexseal has proudly continued to manufacture mission-critical components for a variety of medical, military, and industrial applications. During this trying time, we’ve supplied thousands of the fasteners and sealing boots used to build ventilators, hospital beds, and COVID-19 test units while taking measures in our facility to ensure the safety of our team and our customers.
5/13/2020
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ArcelorMittal
ArcelorMittal delays halt of BF No. 2 at Fos-sur-Mer: union
London — ArcelorMittal has postponed its plan by a month to temporarily shut down the No. 2 blast furnace at its Fos-sur-Mer mill in France, Sandy Poletto, head of the CGT union at the mill, told S&P Global Platts Wednesday.
5/13/2020
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Tower Semiconductor Ltd.
Tower Semiconductor Reports First Quarter 2020 with Year over Year Organic Revenue Growth and COVID-19 Business Update.
MIGDAL HAEMEK, Israel, May 13, 2020 (GLOBE NEWSWIRE) -- Tower Semiconductor (NASDAQ: TSEM & TASE: TSEM) reported today its results for the first quarter ended March 31, 2020.
5/13/2020
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Nortech Systems Inc.
Nortech Systems Reports First Quarter 2020 Results and Provides COVID-19 Response.
MINNEAPOLIS - Nortech Systems Incorporated (Nasdaq: NSYS), a leading provider of engineering and manufacturing solutions for complex electromechanical products serving the medical, industrial and aerospace and defense markets, reported net sales of $27.4 million for the three months ended March 31, 2020, a decrease of 3%, compared to $28.2 million for three months ended March 31, 2019.
5/13/2020
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Leoni AG
Leoni maintained its free cash flow uptrend in the first quarter of 2020 and Provides Business Update regarding COVID-19 outbreak.
Nuremberg – “Leoni was prompt and successful taking measures to lower costs and safeguard its financial resources to counteract the fallout from the Covid-19 pandemic. We have applied extensive precautionary measures throughout the Group to protect our workforce and have prepared well for restarting production.” Aldo Kamper, CEO of Leoni AG
5/13/2020
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Oki Electric Industry Co., Ltd
President of Oki Electric Industry Provides a message regarding the impact of COVID-19 pandemic.
Operating income decreased by ¥0.7 billion year-on-year to ¥16.8 billion, and ordinary income decreased by ¥1.7 billion year-on-year to ¥13.8 billion, due to the negative impact of foreign exchange rates and the suspension of operations at the Shenzhen Plant caused by the spread of COVID-19.
5/13/2020
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CMA CGM Group
CMA CGM taps French loan scheme to boost cash in coronavirus crisis
PARIS (Reuters) - Shipping group CMA CGM has obtained a 1.05 billion euro ($1.1 billion) loan to be 70% guaranteed by the French government as it seeks to bolster its cash position during the coronavirus pandemic, which has hammered international trade.
5/13/2020
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Wireless Telecom Group, Inc.
Wireless Telecom Group Announces the impact of COVID-19 on First Quarter 2020 Financial Results.
Parsippany, New Jersey – Wireless Telecom Group, Inc. (NYSE American: WTT) (the “Company”) announced today results for the first quarter ended March 31, 2020.
5/13/2020
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Ashimori Industry Co Ltd
Ashimori Industry Provides update regarding Business Continuity amid the spread of COVID-19 pandemic.
People affected by this new coronavirus infection, people affected by the spread of infection I would like to express my deepest sympathy to you. Regarding the impact of the spread of this infectious disease on the current situation and performance of the Company and the Group, We will inform you. Record 1. About the correspondence situation of infection spread prevention At each business site in Japan, no infection has been found to employees or persons concerned at present, and disinfection is carried out.
5/13/2020
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Cisco Systems, Inc.
Cisco Reports Third Quarter Earnings and COVID-19 Business Update.
SAN JOSE, Calif., May 13, 2020 /PRNewswire/ -- Cisco today reported third quarter results for the period ended April 25, 2020. Cisco reported third quarter revenue of $12.0 billion, net income on a generally accepted accounting principles (GAAP) basis of $2.8 billion or $0.65 per share, and non-GAAP net income of $3.4 billion or $0.79 per share.
5/13/2020
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TOA Corp.
TOA Announces the impact of COVID-19 on Consolidated Financial Results for the Fiscal Year Ended March 31, 2020.
Share of profit (loss) of entities accounted for using equity method: Fiscal year ended March 31, 2020: ¥(2) million Fiscal year ended March 31, 2019: ¥- million
5/13/2020
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Energy Focus Inc.
Energy Focus Reports 19.1% Year-over-Year Revenue Increase for First Quarter 2020 and Provides COVID-19 Business Update.
SOLON, Ohio, May 13, 2020 (GLOBE NEWSWIRE) -- Energy Focus, Inc. (NASDAQ:EFOI), a leader in sustainable LED lighting technologies, today announced financial results for the first quarter ended March 31, 2020.
5/13/2020
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Sony Corporation
Sony Corporation Announces the impact of COVID-19 on Financial Results for the Fiscal Year Ended March 31, 2020 and Business Operational Status.
Sony has four manufacturing plants located in China (two in Shanghai, one in Wuxi, Jiangsu, and one in Huizhou, Guangdong). All of these plants were shut down in accordance with local government mandates, from the beginning of the spring holidays on January 24 until February 9.
5/13/2020
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