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Nokia (NOK) selected by NASA to facilitate the deployment of the first 4G, LTE wireless communications on the lunar surface to support future lunar missions
(Bloomberg) - Shares of SAP SE fell 21%, the biggest intraday drop since 1999, after the software company cut its full-year revenue forecast and said it expected a new wave of lockdowns hurt demand in the first half of 2021 In a test for Christian Klein, who became the sole CEO in April, the pandemic will delay SAP's cloud revenue targets, overall sales and operating profit one or two years, especially in the hard hit sectors, the Walldorf, Germany The company said in a statement on Sunday The fall in shares on Monday wiped 28 billion euros ($ 33 ​​1 billion) from the market value of SAPSAP said it expects limited growth and margin improvement over the next two years, and shifted his expectations to meet his 2023 strategic plan to 2025 Klein said in a call Monday that he expects a conservative recovery in the first half of next year. previous "assumed economies would reopen and population lockdowns ease, leading to a gradual improvement in the demand environment in the third and fourth quarters," SAP said in the statement. "Locks were recently reintroduced in some regions and the recovery in demand has been more subdued than expected" SAP's pessimistic near-term outlook has risked a ripple effect on the European software industry, analysts warned by Citi The European Stoxx Technology index fell 63%, its biggest one-day loss since March, SAP now expects adjusted revenue of 272 billion euros to 278 billion euros (32 $ 2 billion to 32 $ 9 billion) at constant exchange rates in 2020, lower than the previous forecast of € 278 billion to € 285 billion SAP also said it no longer sees an increase in business travel revenue this year It's hard to find positive news in results, said Nicholas David, analyst at Oddo BHF on Monday "The warning on medium-term ambitions was expected / feared by the market but the new ambitions fall short of the most pessimistic expectations," he said in a note Qualtrics IPOSAP said he was in advanced stages of 'a list for its Qualtrics software unit He announced the decision in July to list the US less than two years after buying the company for a record sum, a surprise U-turn signaling a strategic shift under Klein. well advanced in the preparations for the IPO of Qualtrics, "CFO Luka Mucic said on a call Monday "Qualtrics had a strong quarter, which will allow it to continue growing next year" New Outlook Adjusted cloud revenue is expected to be € 8 billion to € 82 billion in 2020, compared to previous estimate of 83 billion euros to 87 billion euros Operating profit will be 81 billion euros to 85 billion euros this year, down from expectations of 87 billion euros SAP updated its medium-term ambition of total revenue to over 36 billion euros in 2025 compared to its previous estimate of 35 billion euros in 2023 The company sees more than 22 billion euros in cloud revenue and more than 115 billion euros in operating income by 2025 Third quarter non-IFRS operating profit decreased 12% year-on-year to 207 billion euros Than compared to 2 Average estimate of 15 billion euros from analysts in a survey Bloomberg Period revenue fell 4% to € 654 billion compared to analyst average 6 Estimate of € 89 billion Read full statement here After losing his co-pilot, SAP CEO plots a solo path through Pandemic (UK'S CMA to Launch Antitrust Investigation on Sinch, SAP Unit Deal) For more articles like this please visit us at bloomberg Subscribe now to stay ahead with the most popular source of business news trusted © 2020 Bloomberg LP
CPaaS provider Melrose Labs launches its SMPP SMS Gateway, a cloud-based mobile messaging platform for email providers in December
Cenovus Energy of Canada announced on Sunday that it has reached an agreement to take over Husky Energy in an all-equity transaction valued at C $ 23 billion ($ 17 billion), including debt Cenovus (CVE) has said the deal will create Canada's third-largest producer of oil and natural gas, producing 750,000 barrels of oil equivalent per day (BOE / d) of low-cost oil and natural gas Under the terms of the agreement, Husky shareholders will receive 07845 of one Cenovus share plus 00651 of one Cenovus share purchase warrant in exchange for each Husky common share This represents a 21% premium, excluding warrants , compared to Husky's five-day volume weighted average share price in October 23 The transaction involves a net transaction value for Husky of approximately C $ 3 billion, and an enterprise transaction value of approximately C $ 10 2 billion The combined company is expected to generate an additional C $ 1 billion annual free cash flow, comprising C $ 600 million in annual business and operating synergies and C $ 600 million in annual capital allocation synergies "We will be a leaner, stronger and more integrated company, exceptionally well suited to withstand today's environment and be a strong Canadian energy leader for years to come, ”said Alex Pourbaix, CEO of Cenovus “The diversified portfolio will allow us to generate stable cash flow throughout price cycles, while focusing capital on the most profitable assets and opportunities. The combined company will also have an efficient cost structure and sufficient liquidity "All of this supports strong credit measures, accelerated deleveraging and increased ability to repay capital to shareholders," Pourbaix added. The merged company will operate as Cenovus Energy and will retain its headquarters in Calgary, Alberta The two companies said in a joint statement that the transaction has been unanimously approved by its boards of directors and is expected to close in the first quarter of 2021. Following the closing of the transaction, Cenovus expects its board of directors to approve a quarterly dividend of C $ 0175 per share Shares of Cenovus, which owns oil and gas operations in Alberta and British Columbia, as well as as refineries in Illinois and Texas, have been hit hard by the oil price crisis caused by the pandemic and have fallen 63% so far this year (See Cenovus stock analysis on TipRanks) Goldman Sachs analyst Neil Mehta last month launched a stock hedge with a buy rating and a price target of $ 6 (potential to 62% increase) Mehta believes the company's free cash flow generation will help lower debt levels and strengthen its balance sheet Rest of the street cautiously bullish on the stock Analyst consensus on moderate buying is growing split into 5 buy, 4 take, and 1 sell The $ 5 44 Average price target indicates upside potential of 47% from current levels Related News: ConocoPhillips captures Concho Rival at $ 9 7B Deal; Shares Advance GM To Invest $ 2 2B Turns Detroit Plant Into New Electric Vehicle Hub iRobot Sales Spike By 43% Fueled By Online Roomba Vacuum Sales More Recent Smarter Analyst Articles: * Walmart Suits Government American in Opioid Pharmacist Dispute * Coca-Cola European Partners in Talks to Buy Australian Bottler - Report * American Express Hit With 40% Profit Drop 36% Fall Shares * AutoZone vs. Advance Auto: What Retail Stock is the best choice?
The American College of Emergency Physicians (ACEP) is pleased to announce that Mark Rosenberg, DO, MBA, FACEP, has been elected president at its annual meeting, ACEP20, the world's largest emergency medicine conference
The deal is the latest sign of consolidation in the energy sector following the collapse in oil prices Cenovus' deal for Husky involves a deal value for Husky of about CAN $ 3 billion and a value of Transaction firm of approximately C $ 10 2 billion, according to press release The merged company is expected to generate annual synergies of C $ 1 2 billion and will operate under the name Cenovus Energy Inc with its headquarters in Alberta, Canada, according to the release
Cataract Surgery Devices Market Research Report By Product (Femtosecond Laser Equipment, Intraocular Lens, Ophthalmic Viscoelastic Device, and Phacoemulsification Equipment), By End User (Ambulatory Surgery Centers, Hospitals & Ophthalmology Clinics) - Global Forecast to 2025 - Cumulative Impact of COVID- 19New York, Oct February 22, 2020 (GLOBE NEWSWIRE) - Reportlinkercom announces the publication of the report "Cataract Surgery Devices Market Research Report By Product, By End User - Global Forecast to 2025 - Cumulative Impact of COVID-19" - https: // wwwlink to rapportcom / p05913765 /? utm_source = GNW Global Cataract Surgery Devices Market is expected to grow from $ 5,46048million in 2019 to $ 820633million by the end of 2025 at a compound annual growth rate (CAGR) of 702% Market segmentation & coverage : This research report categorizes Cataract Surgery Devices to forecast revenue and analyze trends in each of the following submarkets: On the basis of product, Cataract Surgery Devices Market studied through equipment Femtosecond Laser, Intraocular Lens, Ophthalmic Viscoelastic Phacoemulsification Device And Equipment Based On End User, Cataract Surgery Devices Market Has Been Studied In Outpatient Surgery Centers, Hospitals And Ophthalmology Clinics Based On geography, the market for cataract surgery devices has been studied in the Americas, Asia-Pacific and t Europe, in the Middle East & Africa The region of the Americas studied in Argentina, Brazil, Canada, Mexico and the United States The Asia-Pacific region studied in Australia, China, India, Indonesia, Japan, Malaysia , Philippines, South Korea and Thailand The Europe, Middle East & Africa region studied in France, Germany, Italy, the Netherlands, Qatar, Russia, Saudi Arabia, South Africa, Spain, United Arab Emirates and United Kingdom Profiles Company Usability: The report deeply explores the significant recent developments of leading vendors and innovation profiles in the global Cataract Surgery Devices Market including Abbott Laboratories, Alcon Laboratories, Inc, Carl Zeiss Meditec AG , Essilor International SA, Haag-Streit Holding AG, Hoya Corporation, Johnson & Johnson, NIDEK Co Ltd, Novartis AG and Topcon Corporation FPNV Positioning Matrix: The FPNV Positioning Matrix assesses and categorizes the Cataract Surgery Devices market vendors based on business strategy (company growth, industry coverage, financial viability, and channel support) and product satisfaction (value for money) , Ease of Use, Product Features, and Customer Support) which helps businesses make better decisions and understand the competitive landscape Strategic Competitive Window: The Strategic Competitive Window analyzes the competitive landscape in terms of markets, applications and geographies The competitive strategic window helps the supplier define an alignment or adapt between its capabilities and the opportunities for future growth prospects During a forecast period, it defines the optimal or favorable fit for the suppliers adopt successive merger and acquisition strategies, geographic expansion , research on & development and new product introduction strategies to execute further expansion and growth of the company Cumulative Impact of COVID-19: COVID-19 is an incomparable global public health emergency that has affected almost all industries, hence for and, the long-term effects that are expected to impact the growth of the industry over the course of of the forecast period Our ongoing research amplifies our research framework to ensure the inclusion of underlying issues in COVID-19 and potential avenues to come The report provides insight into COVID-19 considering changes in consumer behavior and demand, purchasing patterns, supply chain diversion, dynamics of current market forces, and significant interventions by consumers. governments The updated study provides information, analysis, estimates and forecast, considering the impact of COVID-19 on the market The report provides information on the following pointers: 1 Market penetration: provides insights Comprehensive market information offered by major players 2 Market development: provides detailed information on lucrative emerging markets and analyzes markets 3 Market diversification: provides detailed information on new product launches, untapped geographies, recent developments and investments 4 Competitive assessment & Intelligence: Provides a comprehensive assessment of market shares, strategies, products and manufacturing capabilities of key players 5 Product development & innovation: Provides intelligent information on technologies future, the activities of R&D and the pements of new products The report answers questions such as: 1 What is the market size and forecast of the global market for cataract surgery devices? 2 What are the inhibitory factors and impact of COVID-19 on the global cataract surgery devices market during the forecast period? 3 What are the products / segments / applications / areas to invest in during the forecast period in the global Cataract Surgery Devices Market? 4 What is the strategic competitive window for opportunities in the global cataract surgery devices market? 5 What are the technological trends and regulatory frameworks in the global cataract surgery devices market? 6 What are the strategic fads and moves considered appropriate for entering the global cataract surgery devices market? Read the full report: https: // www rapportcom link / p05913765 /? utm_source = GNW About Reportlinker ReportLinker is an award-winning market research solution Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place __________________________ CONTACT: Clare : clare @ reportlinkercom United States: (339) -368-6001 Intl: 1339-368-6001
AT&T shares rose 2% to $ 2745 in pre-market trading Analysts expected AT&T to lose 9,000 net clients, according to research firm FactSet AT&T said pandemic had eroded earnings per share by 21 cents
Global Automotive OEM Industry Factory Logistics Market 2020-2024 Analyst Is Watching Automotive OEM Factory Logistics Market To Grow By $ 318 New York, October 21 January 2020 (GLOBE NEWSWIRE) - Reportlinkercom announces the publication of the report "Global Factory Logistics Market for the OEM Automotive Industry 2020-2024" - https: // www rapportcom / p05387088 /? utm_source = GNW 46 mins during 2020-2024, growing at a CAGR of 3% during the forecast period Our Automotive OEM Automotive Factory Logistics Market reports provide overall market analysis, size and forecast , trends, growth drivers and challenges, along with a vendor analysis covering approximately 25 vendors The report offers up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment.The market is driven by changing lifestyles and the growth of e-commerce, as well as by increasing productivity and reducing labor costs through the use of AGV In addition, changing lifestyles and growth of e-commerce are also expected to drive the market growth The Factory Logistics Market For Automotive OEM Industry Analysis Includes Service Segment And Geographic Landscapes The Factory Logistics Market For OEM Automotive Industry Is Segmented As Following: By Service • Factory Warehousing • Line-side power supply • Packaging • Others By geographic landscapes • APAC • Europe • North America • South America • MEA This study identifies The increasing electrification of vehicles as one of the main reasons for the factory logistics market for the Growth Of Automotive OEM Industry Over The Next Years The Analyst presents a detailed picture of the market through the study, synthesis and summation of data from multiple sources through analysis of key parameters Our Market Factory logistics for the automotive OEM industry covers the following areas: • Factory logistics market for the sizing of the automotive OEM industry. obile • Factory Logistics Market for Automotive OEM Industry Forecast • Factory Logistics Market for Automotive OEM Industry Analysis Read Full Report: https://www.reportlinkcom / p05387088 /? utm_source = GNW About Reportlinker ReportLinker is an award winning market research solution Reportlinker finds and curates the latest industry data so you get all the market research you need - instantly, in one place __________________________ CONTACT: Clare : clare @ reportlinkercom United States: (339) -368-6001 Intl: 1339-368-6001
Commercial Availability of Align Technology's (ALGN) ClinCheck Treatment Planning Software Expected to Boost Physician Performance Due to Immediate Availability of Treatment Plans

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