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Press Release: Global Medical Robots Market Expected To Reach USD 24.6 Billion By 2025: Zion Market Research


New York, NY, Feb. 21, 2019 (GLOBE NEWSWIRE) -- Zion Market Research has published a new report titled “Medical Robots Market by Product Type (Robotic Systems and Accessories and Instruments), by Application (Orthopedic, Neurology, Laparoscopic, Cardiology, and Others), and by End-User (Clinics, Ambulatory Surgical Centers, and Hospitals): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025”. According to the report, the global medical robots market was valued at approximately USD 6.62 billion in 2018 and is expected to generate around USD 24.6 billion by 2025, at a CAGR of around 20.8% between 2019 and 2025.Medical robots are used for various purposes, such as surgery, rehabilitation, and pharmacy automation. Rapid technological breakthroughs made in the field of medical robotics have increased the popularity of medical robots. Improving patient care is the core application of medical robots. The use of medical robots enables physicians to examine and cure patients in remote areas via telepresence. These remote-controlled robots can play a major role in minimally invasive surgeries by assisting surgeons. Medical robots also assist in the rehabilitation of people with disabilities. Browse through 55 Tables & 27 Figures spread over 110 Pages and in-depth TOC on “Global Medical Robot Market Size 2018: By Type, Applications, Industry Share, Trends, Growth, Analysis and Forecast, 2025”.Request Free Sample Report of Global Medical Robots Market Report @ https://www.zionmarketresearch.com/sample/medical-robot-marketThe growing investments made for medical robot-related research and development, benefits of robot-assisted exercise in rehabilitation therapy, growing prevalence of cancer, orthopedic, and neurological disorders, increasing inclination toward minimally invasive surgical procedures, rising geriatric population, and growing applications of robot-assisted surgeries are likely to drive the global medical robots market in the future. Furthermore, the FDA approval and launch of new products, like da Vinci X robot by...

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Press Release: UnionPay Joins the Open Invention Network Community


DURHAM, N.C., Feb. 21, 2019 (GLOBE NEWSWIRE) -- Open Invention Network (OIN), the largest patent non-aggression community in history with more than 2,800 members, announced today that UnionPay has joined its community. As a leading multinational financial services corporation that provides card, mobile, and online payment technologies to merchants and consumers, UnionPay agrees with the concept of open innovation and patent non-aggression in Linux and open source.
“The online, mobile, and card-based financial services industries are experiencing significant growth, driven by global leaders that recognize the benefits of shared innovation, which enables them to build robust, feature-rich products and services for their customers,” said Keith Bergelt, CEO of OIN. “We are pleased that UnionPay has joined our community and committed to patent non-aggression in Linux and adjacent open source technologies.” “UnionPay focuses on Fintech innovation and is committed to building an open platform that provides integrated payment services with global influence. Under the frame of legal and regulatory compliance, we are pleased to provide service and conduct active cooperation,” said the IP manager at UnionPay. “We look forward to working with OIN and community members to protect our global business and the open source projects that encourage innovation.”OIN’s community practices patent non-aggression in core open source technologies by cross-licensing Linux System patents to one another on a royalty-free basis. Patents owned by OIN are similarly licensed royalty-free to any organization that agrees not to assert its patents against the Linux System. The OIN license can be signed online at http://www.j-oin.net/.About UnionPay
So far, UnionPay’s acceptance footprint has expanded to 174 countries and regions, covering more than 52 million merchants and over 2.6 million ATMs. More than 7 billion UnionPay cards have been issued accumulatively in 51 countries and regions. In many countries and regions, UnionPay card has become the major payment method for consumers’ daily consumption and cross-border travels.
About Open Invention Network
Open Invention Network (OIN) is the largest patent non-aggression community in history and supports freedom of action in Linux as a key element of open source software (OSS). Patent non-aggression in core technologies is a cul...

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Press Release: Maui Land & Pineapple Reports 2018 Net Income of $0.6 Million


KAPALUA RESORT, Hawaii, Feb. 20, 2019 (GLOBE NEWSWIRE) --
Maui Land & Pineapple Company, Inc. (NYSE: MLP) reported net income of $0.6 million, or $0.03 per share, for 2018. This compares to net income of $10.9 million, or $0.57 per share, for 2017. The Company reported revenues of $11.0 million and $24.4 million for 2018 and 2017, respectively.
For the fourth quarter of 2018, the Company recognized net income of $3.7 million or $0.19 per share. For the fourth quarter of 2017, the Company recognized a net loss of $0.9 million or $(0.05) per share. Operating revenues totaled $2.7 million and $2.5 million during the fourth quarters of 2018 and 2017, respectively.The Company did not have any real estate asset sales during the fourth quarters of 2018 and 2017.During the fourth quarter of 2018, the Company recorded an income tax benefit of $5.0 million for unused Alternative Minimum Tax credit carryforwards which will be refunded under the Tax Cuts and Jobs Act of 2017.Additional InformationAdditional information with respect to Maui Land & Pineapple Company, Inc. and our 2018 operating results will be available on our Form 10-K filed with the Securities and Exchange Commission and our website www.mauiland.com.About Maui Land & Pineapple Company, Inc.Maui Land & Pineapple Company, Inc. develops, sells, and manages residential, resort, commercial, agricultural and industrial real estate. The Company owns approximately 23,000 acres of land on Maui and manages properties, utilities, and a nature preserve at the Kapalua Resort.Contact:
Tim T. Esaki
(808) 665-5480
This email address is being protected from spambots. You need JavaScript enabled to view it.

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Press Release: HomeTown Bankshares Corporation Reports Record Earnings and Solid Growth for 2018; Announces Quarterly Cash Dividend of $0.04 per Share


NASDAQ Listing
HomeTown Bankshares Corporation is listed with the NASDAQ Capital Markets under the trading symbol “HMTA”. During Q4 of 2018, the stock traded as high as $15.38 with an average close of $14.15 and most recent closing price of $14.30 on February 19, 2019.Operating Performance Highlights
Core Revenues were up 9% in Q4 and 7% for the year ended December 31, 2018Net Interest Income was up 6% in Q4 2018 vs. Q4 2017 and 7% for the year ended December 31, 2018 vs. 2017Net Interest Margin increased 12 basis points to 3.57% for the quarter ended December 31, 2018 compared to 3.45% at December 31, 2017; and, up 8 basis points YTD at December 31, 2018 to 3.55% from 3.47% in 2017Excluding non-recurring income, noninterest income for Q4 2018 was down 4% while non-interest income for the 2018 fiscal year was down 2% due to a reduction in mortgage revenue from a year-over-year decrease in re-financings and softness in the housing marketDuring the fiscal year ended December 31, 2018, non-recurring income from BOLI insurance proceeds of $642,000  was more than offset by a similar increase in certain non-recurring merger-related expenses of $788,000Net Income Available to Shareholders was up 21% to $459,000 in Q4 2018 and up 58% to $4.0 million for the fiscal year of 2018 from $380,000 and $2.5 million, respectively, in 2017Fully diluted Earnings per Share were up accordingly to $0.08 for the fourth quarter and $0.68 for the fiscal year of 2018 vs. $0.07 and $0.43, respectively, in 2017Continued Solid Loan and Core Deposit GrowthTotal Assets were $565 million at December 31, 2018, a $15 million increase for the fiscal yearTotal Loans were up $27 million or 6% to $471 million for the fiscal year ended December 31, 2018 over prior year; and, up $5 million or 4% annualized in Q4 2018 vs. Q3 2018Core Deposits increased $20 million or 4.3% over 2017 to fund loans and curtail wholesale depositsCredit Quality Improved and Remains SoundYTD net charge-offs were $327,000 or 0.07% of average ...

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Press Release: CLASS ACTION UPDATE for ARLO, SOGO, IMMU and DXC: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders


NEW YORK, Feb. 20, 2019 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies. Shareholders interested in serving as lead plaintiff have until the deadlines listed to petition the court and further details about the cases can be found at the links provided. There is no cost or obligation to you.Arlo Technologies, Inc. (NYSE: ARLO)
Class Period:
Investors who purchased shares pursuant and/or traceable to the Company's Registration Statement and Prospectus issued in connection with the August 3, 2018 Initial Public Offering
Lead Plaintiff Deadline: March 25, 2019
Join the action: https://www.zlk.com/pslra-1/arlo-technologies-inc-loss-form?wire=3
The filed complaint alleges that the Registration Statement made materially false and/or misleading statements and/or failed to disclose that: (i) there was a flaw and/or quality issue with Arlo’s newly designed battery for its Ultra camera systems; (ii) this flaw and/or quality issue with the Ultra battery could result in a shipping delay of Arlo’s Ultra product; (iii) such a shipping delay endangered Arlo’s chances of launching the Ultra product in time for the crucial holiday season; (iv) such a shipping delay would allow Arlo’s competitors to capitalize on the Ultra product’s missed launch, thereby increasing their own market share; (v) Arlo’s consumers had been experiencing battery drain issues and other battery-related issues in connection with recent firmware updates; (vi) because of the foregoing, Arlo’s fourth quarter 2018 results and consumer base would be negatively impacted; and (vii) as a result, Arlo’s Registration Statement was materially false and misleading at all relevant times.To learn more about the Arlo Technologies, Inc. class action contact This email address is being protected from spambots. You need JavaScript enabled to view it..
Sogou Inc. (NYSE: SOGO)
Class Period:
Purchasers of American Depositary Shares pursuant and/or traceable to Sogou's false and misleading Registration Statement and Prospectus issued in connection with the Company's initial public offering on November 9, 2017
Lead Plaintiff Deadline: March 11, 2019
Join the action: https://www.zlk.com/pslra-1/sogou-inc-loss-form?wire=3

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Press Release: Kessler Topaz Meltzer & Check, LLP Reminds Vale S.A. Investors of Important Deadline in Securities Fraud Class Action Lawsuit


RADNOR, Pa., Feb. 20, 2019 (GLOBE NEWSWIRE) -- The law firm of Kessler Topaz Meltzer & Check, LLP reminds Vale S.A. (NYSE:  VALE) (“Vale”) investors that a securities fraud class action lawsuit has been filed in the United States District Court for the Eastern District of New York against Vale on behalf of purchasers of Vale securities between April 13, 2018 and January 28, 2019, inclusive (the “Class Period”).
Important Deadline Reminder:  Investors who purchased Vale securities during the Class Period may, no later than March 29, 2019, seek to be appointed as a lead plaintiff representative of the class. For additional information or to learn how to participate in this litigation please visit www.ktmc.com/vale-securities-class-action.According to the complaint, Vale is a mining and metals company headquartered in Rio de Janeiro, Brazil.  In November 2015, the Fundão tailings dam, joint-owned by Vale and BHP Billiton Brasil Ltda., had burst, releasing tailings downstream, flooding communities and negatively impacting property and the environment. This dam failure resulted in 19 fatalities. Vale purportedly took steps to provide relief to those affected and prevent such a catastrophe from occurring in the future.The Class Period commences on April 13, 2018, when Vale filed a Form 20-F with the SEC, which provided its financial results and position for the fiscal year ended December 31, 2017.  The Form 20-F stated that Vale was committed to keeping its workplace safe and minimizing environmental damage after its joint-owned Fundão tailings dam had burst in 2015.According to the complaint, on January 25, 2019, Reuters reported that Vale’s tailings dam had burst at its Feijão iron ore mine in Brumadinho, Brazil. Several people were killed, including Vale’s workers. Hundreds of others were reported as missing, and mining debris and mud flooded the city.    Following this news, shares of Vale fell $1.20 per share, or over 8%, to close at $13.66 per share on January 25, 2019.Then, on January 28, 2019, Reuters reported “Brazil’s top prosecutor said on Monday she will pursue criminal prosecutions after the collapse of a tailings dam operated by mining giant Vale SA killed at least 58 people and left hundreds missing, and that executives may be punished.”?...

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