Author: News Update

Bombardier Announces the Election of its Board of Directors

MONTRÉAL, May 06, 2021 (GLOBE NEWSWIRE) — Bombardier announces that all candidates in the Management Proxy Circular dated March 26, 2021, were elected as directors of Bombardier Inc. during its annual meeting of shareholders held virtually earlier today. Detailed results of the ballot for the election of directors are below. Election of Directors Following a […]

CEO and Co-Founder of Virgin Hyperloop Speaks to U.S. House Transportation & Infrastructure Committee on Emerging Mass Transportation Technology

Josh Giegel emphasized that hyperloop is a down payment towards a cleaner, more efficient transportation system, not only for the next decade, but the next century WASHINGTON, May 06, 2021 (GLOBE NEWSWIRE) — Today, at the Transportation and Infrastructure Railroads, Pipelines, and Hazardous Materials Subcommittee hearing, “When Unlimited Potential Meets Limited Resources: The Benefits and […]

Bombardier Reports First Quarter 2021 Financial Results, Affirms Full Year Financial Guidance and Delivery Outlook

Business jet revenues of $1.3 billion, up 18% year-over-year, mainly driven by a favourable mix of large-cabin aircraft deliveries, including eight Global 7500 aircraft Adjusted EBITDA(1) from continuing operations of $123 million, up 43% year-over-year, reflecting an improved aircraft mix, Global 7500 aircraft learning curve progress and cost structure improvements; adjusted EBIT(1) from continuing operations […]

JW Player Acquires VUALTO to Strengthen Its Comprehensive Video Platform for Success in the Digital Video Economy

The merger combines complementary video offerings to empower established and emerging broadcasters with independence and control, as digital video becomes a must-have for all organizations. NEW YORK and PLYMOUTH, United Kingdom and AMSTERDAM, The Netherlands, May 06, 2021 (GLOBE NEWSWIRE) — JW Player, the leading video software and data insights platform, today announced it is […]

PM, CM Punjab discuss overall situation of the province, including development matters

Punjab Chief Minister Sardar Usman Buzdar and Governor Chaudhry Muhammad Sarwar called on Prime Minister Imran Khan in Lahore and discussed overall situation of the province, including the development matters.Speaking on the occasion, the Prime Ministe…

Huber Signs Agreement to Acquire Remaining Stake in MAGNIFIN Joint Venture

ATLANTA, May 05, 2021 (GLOBE NEWSWIRE) — On May 4, J.M. Huber Corporation (“Huber”) signed a definitive agreement with RHI Magnesita (“RHIM”) to acquire their 50% ownership stake in the companies’ 50/50 joint venture, MAGNIFIN Magnesiaprodukte GmbH & Co. KG (“MAGNIFIN”). This transaction is expected to close in the second half of 2021, pending regulatory […]