Markets
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Alfa Laval's joint venture Alfdex wins an important contract for an electric oil mist separator
- June 9, 2021
- Posted by: Stratford Team
- Category: Markets
No CommentsLUND, Sweden, June 9, 2021 /PRNewswire/ — Alfdex AB, a 50/50 joint venture between Alfa Laval and Concentric, has won a contract to supply an electric oil mist separator to a major global truck OEM. This contract with one of the world’s largest leading truck manufacturers proves the new electric disc separator offers market-leading technology. Production will start in 2024 and sales revenues from this new contract are estimated to be worth more than MSEK 400 over the next five years.Alfdex has a long history of providing reliable and high performing solutions for the active cleaning of crankcase gases in heavy-duty truck engines, a market the company leads globally. With the onset of even more stringent emission legislation, as well as new demands on CO2 efficiency, Alfdex has invested in a new range of electrically powered oil mist separators. These combine the rugged and maintenance free design of the original Alfdex separator with a state-of-the-art electric drive unit, enabling even higher cleaning performance controlled precisely by software. As upcoming proposed legislations increasingly emphasize the need for maintenance free and durable solutions, the Alfdex electric separator is a perfect match.”This is an important contract for Alfdex because it confirms that the
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First Energy Metals Increases Size of Augustus Project with the McNeely Lithium Property Acquistion
- June 9, 2021
- Posted by: Stratford Team
- Category: Markets
VANCOUVER, BC, June 9, 2021 /CNW/ – First Energy Metals Ltd. (CSE: FE) (“First Energy” or the “Company) is pleased to announce that it has entered into an agreement with Globex Mining Enterprises Inc. (“Globex”) (GMX-TSX, GLBXF-OTCQX International, G1MN-Frankfurt) to acquire 100% interest into McNeely Lithium Property located in LaCorne, Landrienne and Figuery Townships, Province of Quebec, Canada. The newly acquired properties consist of 66 mining claims covering a total area of 2,276.49 hectares on map sheets 32C05 and 32D08. These claims are spread out in several claim blocks along the Quebec Lithium Mine horizon. Some of the claims are located adjacent to the Augustus Lithium Property claims where First Energy has been carrying out a drill program since April 2021 and reported drill results in a series of recent news releases. These additional claims bring the total size of the Property to 15,045.62 hectares.There is one historical lithium showing “Martin-McNeely Lithium” in a claim block of the new property where lithium pegmatite outcrop was discovered in 1955. Geologically, these mineralized pegmatite dykes intersect amphibolitized peridotite rocks north of the Preissac-Lacorne Batholith. The dikes are mineralized in spodumene, lepidolite and molybdenite. The mineralization is confined to pegmatite dykes of unknown
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Some cities think Elon Musk's tunnel could be the solution to their transportation issues but experts are skeptical
- June 9, 2021
- Posted by: Stratford Team
- Category: Markets
Boring tunnel Los Angeles Robyn Beck/Pool via REUTERS
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Riskified Joins Shopify Plus Certified App Program to Expand its Support of Shopify Merchants with Increased Revenue and Reduced Costs
- June 9, 2021
- Posted by: Stratford Team
- Category: Markets
NEW YORK, June 9, 2021 /PRNewswire/ — Riskified, the leading fraud prevention solutions provider today announced that they have joined the Shopify Plus Certified App Program to bring the Chargeback Guarantee to Shopify Plus enterprise merchants. The announcement is the next step in the relationship between Riskified and Shopify, having originally partnered in 2012 to help merchants of all sizes increase revenue, reduce costs and improve the customer experience by better identifying legitimate customers.Enterprise merchants relying on Shopify Plus to sell anywhere can see their sales increase and costs lower when they go live with Riskified. Riskified helps merchants know whether to accept or reject an order in real-time. By reviewing every transaction and comparing them to prior orders across its global network of merchants, Riskified can spot fraudsters and recognize their tactics in patterns that individual merchants never could. “Shopify Plus enterprise merchants can face a host of challenges as they scale, ranging from the complexities of cross-border expansion to the continuously changing patterns of fraud, and Riskified is there to help,” saidAaron Pratt, VP of Global Partnerships, Riskified. “Starting today, Shopify Plus merchants have access to the Riskified Chargeback Guarantee which ensures that Shopify Plus merchants never pay for fraud
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MetaX Software gears up in OTT business
- June 9, 2021
- Posted by: Stratford Team
- Category: Markets
SHANGHAI, June 9, 2021 /PRNewswire/ — Global smart TV penetration accelerates, and the OTT industry is witnessing rapid growth, especially during the COVID-19 lockdown as people stay more at their homes. Smart TV has become the core entrance of household entertainment.MetaX Software, a leading data-driven Connected TV (CTV) advertising and OTT commercialization company, recently announced the launch of an OTT commercialization platform in the global market. So far, MetaX Software has covered over 80 million global users and 5 million monthly active users.MetaX OTT platform reaches end users via multiple accesses, for example, TV launcher, browser, applications. In this way, it can help global content providers efficiently realize commercialization on TV screens by offering flexible monetization models, such as advertising, subscription, in-app purchasing, etc.Currently, MetaX has teamed up with Toon Goggles, YesAuto, Firework, and Fishing TV to explore new possibilities on TV screens. A variety of channels can be found at MetaX OTT operation platform, including E-sports, Documentaries, Sports, Films, Games, and News. Video length in total lasts for over 10,000 hours. With rich content options, it allows end users to indulge themselves in an immersive viewing environment.Open Browser, one tool of MetaX OTT platform, is now available in the
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Indonesia Stock Market Draws Flat Lead For Wednesday
- June 9, 2021
- Posted by: Stratford Team
- Category: Markets
(RTTNews) – The Indonesia stock market has finished lower in two of three trading days since the end of the six-day winning streak in which it had surged more than 330 points or 6.5 percent. The Jakarta Composite Index now sits just beneath the 6,000-point plateau and it’s expected to remain in that neighborhood again on Wednesday. The global forecast for the Asian markets offers little guidance on a lack of catalysts. The European and U.S. markets were mixed and little changed and the Asian bourses are expected to open in similar fashion. The JCI finished sharply lower on Tuesday following losses from the financial shares, resource stocks and cement companies. For the day, the index skidded 70.57 points or 1.16 percent to finish at 5.999.37 after trading between 5,992.12 and 6,075.89. Among the actives, Bank Danamon Indonesia tanked 2.13 percent, while Bank CIMB Niaga surrendered 3.09 percent, Bank Central Asia shed 1.53 percent, Bank Mandiri declined 2.04 percent, Bank Rakyat Indonesia was down 1.18 percent, Indosat plunged 4.85 percent, Indocement tumbled 3.25 percent, Semen Indonesia sank 2.16 percent, Indofood Suskes dropped 3.04 percent, United Tractors jumped 1.96 percent, Astra International added 0.48 percent, Astra Agro Lestari retreated 2.74 percent,
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China Shares May See Mild Selling Pressure On Wednesday
- June 9, 2021
- Posted by: Stratford Team
- Category: Markets
(RTTNews) – The China stock market on Tuesday snapped the two-day winning streak in which it had collected more than 15 points or 0.4 percent. The Shanghai Composite Index now sits just above the 3,580-point plateau and it may extend its losses on Wednesday. The global forecast for the Asian markets offers little guidance on a lack of catalysts. The European and U.S. markets were mixed and little changed and the Asian bourses are expected to open in similar fashion. The SCI finished modestly lower on Tuesday following losses from the oil and resource stocks, support from the properties and a mixed picture from the financials. For the day, the index shed 19.43 points or 0.54 percent to finish at 3,580.11 after trading between 3,563.25 and 3,621.52. The Shenzhen Composite Index dropped 20.77 points or 0.86 percent to end at 2,393.13. Among the actives, Industrial and Commercial Bank of China collected 0.58 percent, while Bank of China shed 0.32 percent, China Construction Bank added 0.44 percent, China Merchants Bank lost 0.53 percent, Bank of Communications rose 0.20 percent, China Life Insurance gained 0.45 percent, Jiangxi Copper plunged 2.94 percent, Aluminum Corp of China (Chalco) tumbled 1.93 percent, Yanzhou Coal dropped
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Singapore Stock Market May Spin Its Wheels On Wednesday
- June 9, 2021
- Posted by: Stratford Team
- Category: Markets
(RTTNews) – The Singapore stock market has alternated between positive and negative finishes through the last seven trading days since the end of the six-day winning streak in which it had jumped almost 75 points or 2.4 percent. The Straits Times Index now rests just above the 3,165-point plateau and now it’s expected to see little movement on Wednesday. The global forecast for the Asian markets offers little guidance on a lack of catalysts. The European and U.S. markets were mixed and little changed and the Asian bourses are expected to open in similar fashion. The STI finished modestly lower on Tuesday following losses from the properties and mixed performances from the financials. For the day, the index shed 8.67 points or 0.27 percent to finish at 3,167.14 after trading between 3,157.32 and 3,181.36. Volume was 2.54 billion shares worth 1.18 billion Singapore dollars. There were 253 decliners and 247 gainers. Among the actives, Ascendas REIT fell 0.34 percent, while CapitaLand Integrated Commercial Trust lost 0.47 percent, City Developments sank 0.52 percent, Comfort DelGro declined 0.60 percent, Dairy Farm International retreated 0.68 percent, DBS Group skidded 1.02 percent, Keppel Corp tumbled 1.12 percent, Mapletree Logistics Trust advanced 0.50 percent, Oversea-Chinese
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ProPublica's billionaire tax data shows the importance of closing 2 key tax loopholes. Here's how.
- June 9, 2021
- Posted by: Stratford Team
- Category: Markets
Joe Raedle/Getty Images
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SHAREHOLDER ALERT: Monteverde & Associates PC Announces an Investigation of 1Life Healthcare, Inc. – ONEM
- June 9, 2021
- Posted by: Stratford Team
- Category: Markets
NEW YORK, June 8, 2021 /PRNewswire/ — Juan Monteverde, founder and managing partner at Monteverde & Associates PC, a national securities firm rated Top 50 in the 2018-2020 ISS Securities Class Action Services Report and headquartered at the Empire State Building in New York City, is investigating 1Life Healthcare, Inc. (“ONEM” or the “Company”) (ONEM) relating to its proposed acquisition of Iora Health, Inc. Under the terms of the agreement, ONEM shareholders will own approximately 73.25% of the combined company.The investigation focuses on whether 1Life Healthcare, Inc. and its Board of Directors violated securities laws and/or breached their fiduciary duties to the Company by 1) failing to conduct a fair process, and 2) whether the transaction is properly valued.Click here for more information: https://www.monteverdelaw.com/case/1life-healthcare-inc. It is free and there is no cost or obligation to you.About Monteverde & Associates PCWe are a national class action securities litigation law firm that has recovered millions of dollars and is committed to protecting shareholders from corporate wrongdoing. We were listed in the Top 50 in the 2018-2020 ISS Securities Class Action Services Report. Our lawyers have significant experience litigating Mergers & Acquisitions and Securities Class Actions. Mr. Monteverde is recognized by Super Lawyers as a Rising Star in Securities Litigation in 2013,

