Monthly Archives: July 2018

Strong Adhesive Shipping Labels For Corrugated Boxes & Envelopes Launched

Pa-Zaz announced an update of its online collection to provide the DYMO 30256 Compatible Shipping Labels, super-adhesive shipping labels fully compatible with the popular DYMO LabelWriter thermal printers.

East Patchogue, United States – July 31, 2018 /PressCable/

Pa-Zaz, an online flea market, announced the availability of the DYMO 30256 Compatible Shipping Labels. These super-adhesive labels are designed to fit perfectly on all types of corrugated boxes and envelopes, and are fully compatible with DYMO LabelWriters, the popular thermal label printers.

More information can be found at https://pa-zaz.com/dymo-30256-compatible-shipping-labels.

Using high-quality printable shipping labels can be an efficient way for companies to streamline their shipping process, as it allows them to cut down on the time and costs of handwriting address labels.

The DYMO 30256 Compatible Shipping Labels are ideal for small businesses interested in a versatile label which can be used with a wide range of corrugated boxes, envelopes, plastic containers and other surfaces.

The labels come in rolls of 300 each and are 2 5/16″ X 4″ in size, making them convenient to store and easy to fit on most packages and envelopes. For improved adhesion, the labels feature a strong glue which ensures that the label will not peel off during transportation.

Business interested in optimizing their shipping processes can use the new shipping labels with any DYMO LabelWriter. These thermal printers eliminate the cost of ink and allow fast printing of addresses, file folder, labels and name badges.

With the recent collection update, Pa-Zaz strives to diversify its range of products for online customers throughout the world. The online flea market offers free shipping and a flexible refund policy on all orders, and provides a lowest-price promise to ensure that clients benefit from the most accessible prices.

A Pa-Zaz spokesperson said: “Our online flea market mall brings the flea market experience directly to your home! Our goal here at Pa-Zaz is to bridge sellers with buyers for a positive experience. We excel in customer service. As a buyer, bargaining for items is the best way to get great deals on many items, and our bargaining option allows buyers and sellers to negotiate a price for listed items.”

Interested parties can find more information by visiting the above-mentioned website.

Contact Info:
Name: jacques laroque
Email: allyouneedlabels@gmail.com
Organization: Thermal labels Manufacturing
Address: Montauk Highway, East Patchogue, New York, United States
Phone: +1-347-391-7012

For more information, please visit https://pa-zaz.com/dymo-30256-compatible-shipping-labels

Source: PressCable

Release ID: 386530

The Woodlands Landscaping Design & Construction Residential Services Expanded

Greater Houston landscaping solutions company Native Texas Landscape & Design has made its services available to homeowners in The Woodlands region. The company is expected to provide high-quality design and build services covering outdoor living areas, landscape lighting, decking, and patio construction.

Spring, United States – July 31, 2018 /PressCable/

Greater Houston landscaping solutions company Native Texas Landscape & Design announced the expansion of its residential services to The Woodlands, TX. The company is expected to offer its full range of design and construction services in the region.

More information about Native Texas Landscape & Design is available at http://nativetexaslandscapes.com

The expansion of the contractors service area to The Woodlands makes its complete suite of landscaping services available to homeowners in the North Houston community. The company’s consultative approach involves the translation of a customer’s idea into a comprehensive design plan involving horticultural, artistic composition, utilities/drainage, lighting, customers desires, planting (trees, plants, organic mulch) and infrastructural elements. This plan is then translated into reality by the firm’s team of experienced builders based on a customer’s approval at each stage of the build.

Native Texas Landscape Design & Construction provides aesthetic and functional structures such as outdoor kitchens and barbecue pits as well as standard, noise-drowning, and custom-designed water features such as waterfalls, pools, birdbaths, and fountains. The owner having a wide range of sophistication and specialty strengths pays special attention to the choice of materials to house appliances such as grills, hearths, stoves and project requirements.

The Spring, TX landscape design firm’s core services include the construction of low-maintenance patios, pergolas, walkways, driveways, cabanas and backyard decks. The firm’s design-build book draws from rustic, traditional, modern, and ultramodern architectural concepts. Other services include safe and weather-resistant landscape lighting design and installation.

According to a spokesperson for The Woodlands landscape design company, “Our expansion to The Woodlands is a result of organic growth and customer demand for our world-class landscaping services. We are proud of our team’s our consulting, design, and build expertise, combining local materials and a truly global design palette to deliver visually appealing and long-lasting landscaping.”

Headquartered in Spring, TX, Native Texas Landscape & Design, LLC is owned and operated by local landscaping specialist Wes Hackney. More information is available over the phone at 281-651-1971 and at the URL above.

Contact Info:
Name: Wes Hackney
Organization: Native Texas Landscape & Design, LLC
Address: 2635 Old Louetta Loop, Spring, TX 77388, United States
Phone: +1-281-651-1971

For more information, please visit http://nativetexaslandscapes.com/

Source: PressCable

Release ID: 386500

Ternium Announces Second Quarter and First Half 2018 Results

LUXEMBOURG / ACCESSWIRE / July 31, 2018 / Ternium S.A. (NYSE: TX) today announced its results for the second quarter period that ended June 30, 2018.

The financial and operational information contained in this press release is based on Ternium S.A.’s operational data and consolidated condensed interim financial statements prepared in accordance with IAS 34 “Interim financial reporting” (IFRS) and presented in US dollars (USD) and metric tons.

Summary of Second Quarter 2018 Results

2Q 2018

1Q 2018

2Q 2017

Steel Shipments (tons)

3,322,000

3,523,000

-6
%

2,641,000

26
%

Iron Ore Shipments (tons)

916,000

929,000

-1
%

875,000

5
%

Net Sales (USD million)

3,134.0

2,961.3

6
%

2,322.7

35
%

Operating Income (USD million)

650.3

523.1

24
%

392.8

66
%

EBITDA1 (USD million)

787.6

665.1

18
%

497.9

58
%

EBITDA Margin (% of net sales)

25.1
%

22.5
%

21.4
%

EBITDA per Ton2 (USD)

237.1

188.8

188.5

Income Tax Expense (USD million)

(175.7
)

(41.2
)

(59.1
)

Net Income (USD million)

337.8

422.1

281.8

Equity Holders’ Net Income (USD million)

326.6

366.7

249.7

Earnings per ADS3 (USD)

1.66

1.87

1.27

EBITDA of USD787.6 million, 18% higher sequentially, with higher EBITDA margin and lower shipments.
Earnings per ADS of USD1.66, a sequential decrease of USD0.20 per ADS.
Capital expenditures of USD135.5 million, up from USD102.4 million in the first quarter 2018.
Free cash flow of USD414.6 million after USD89.7 million in the first quarter 2018.
Dividends paid to shareholders and non-controlling interest of USD244.9 million.
Net debt position of USD2.4 billion at the end of June 2018, down from USD2.6 billion at the end of March 2018 and equivalent to 1.0 time net debt to EBITDA.

Ternium’s operating income in the second quarter 2018 was USD650.3 million, a USD127.3 million increase compared to operating income in the first quarter 2018 due mainly to a USD94 increase in steel revenue per ton, partially offset by a USD54 increase in the steel segment’s operating cost per ton4 and lower steel shipments. The decrease in shipments mainly reflected lower shipments of slabs to third parties, as a consequence of a higher level of slab integration among Ternium subsidiaries, and slightly weaker demand in Mexico and Argentina. Revenue per ton increased mainly as a result of higher realized prices in Mexico and Other Markets, and a lower participation of slabs in the sales mix. Cost per ton increased mainly reflecting higher purchased slab costs.

Compared to the second quarter 2017, the company’s operating income in the second quarter 2018 increased USD257.5 million, due mainly to a 681,000-ton increase in shipments and a USD56 increase in steel revenue per ton, partially offset by a USD28 increase in the steel segment’s operating cost per ton. The increase in shipments mainly reflected the consolidation of Ternium Brasil’s sales in 2018, as demand for steel products remained relatively stable. Revenue per ton increased mainly as a result of higher realized prices in Ternium’s main steel markets, partially offset by a higher participation of slabs in the sales mix. Cost per ton increased mainly reflecting higher raw material and purchased slab costs, partially offset by the consolidation of Ternium Brasil’s slabs sales in 2018.

The company’s net income in the second quarter 2018 was USD337.8 million, compared to USD422.1 million in the first quarter 2018. The USD84.3 million decrease in net income was mainly due to higher net financial expenses and a higher effective tax rate, mostly as a result of the effect of foreign exchange rates fluctuations, partially offset by higher operating income. Changes in the value of the Mexican peso versus the US dollar produced significant sequential fluctuations in the effective tax rate, due to changes on deferred taxes, as well as in foreign exchange results in Ternium’s Mexican subsidiaries. In addition, a significant depreciation of the Argentine peso in the second quarter 2018 resulted in non-cash net foreign exchange losses and net financial instrument losses in Ternium Argentina.

Relative to the prior-year-period, net income in the second quarter 2018 increased USD56.0 million, mainly due to higher operating income, partially offset by higher net financial expenses and a higher effective tax rate, mostly as a result of the effect of foreign exchange rate fluctuations.

Summary of First Half 2018 Results

1H 2018

1H 2017

Steel Shipments (tons)

6,844,000

5,116,000

34
%

Iron Ore Shipments (tons)

1,845,000

1,738,000

6
%

Net Sales (USD million)

6,095.3

4,397.8

39
%

Operating Income (USD million)

1,173.4

757.0

55
%

EBITDA (USD million)

1,452.7

962.6

51
%

EBITDA Margin (% of net sales)

23.8
%

21.9
%

EBITDA per Ton (USD)

212.2

188.2

Net Income (USD million)

759.9

592.2

Equity Holders’ Net Income (USD million)

693.3

511.0

Earnings per ADS (USD)

3.53

2.60

EBITDA5 of USD1.5 billion, a 51% year-over-year increase mainly as a result of higher EBITDA per ton and higher shipments.
Earnings per ADS of USD3.53, a year-over-year increase of USD0.93 per ADS.
Capital expenditures of USD237.9 million, up from USD182.5 million in the first half 2017.

Operating income in the first half 2018 was USD1.2 billion, a USD416.4 million increase compared to operating income in the first half 2017 mainly due to a 1.7 million-ton increase in steel shipments and a USD23 higher steel revenue per ton, partially offset by USD14 higher steel operating cost per ton. In the first half 2018, steel demand and prices were higher year-over-year in all of Ternium’s main markets. In addition, the consolidation of Ternium Brasil’s slab sales in 2018 contributed to a 1.5 million-ton year-over-year increase in Other Markets’ shipments, and partially offset the increase in realized prices. Cost per ton increased mainly reflecting higher raw material and purchased slab costs, partially offset by the consolidation of Ternium Brasil’s slab sales in 2018.

Net income in the first half 2018 was USD759.9 million, compared to net income of USD592.2 million in the first half 2017. The USD167.7 million increase in the year-over-year comparison was mainly due to higher operating income, partially offset by higher net financial expenses mostly as a result of the effect of foreign exchange rate fluctuations, as explained above.

Application of IAS 29 in financial reporting of Argentine subsidiaries and associates

IAS 29 requires that the financial statements of entities whose functional currency is that of a hyperinflationary economy be adjusted for the effects of changes in a suitable general price index and be expressed in terms of the current unit of measurement at the closing date of the reporting period. Ternium considers that there is sufficient evidence to conclude that Argentina is a hyperinflationary economy under the terms of IAS 29 as from July 1, 2018, and, accordingly, it will apply IAS 29 as from that date in the financial reporting of its subsidiaries and associates located in Argentina.

Outlook

Following an exceptional performance during the first half of 2018, Ternium expects to continue showing strong EBITDA levels in the third quarter of the year, with healthy margins, despite lower shipments in Mexico and Argentina. The company anticipates sequentially lower volumes in Mexico as a result of continued weakness in the construction market, together with a slight seasonal decrease in the automotive, home appliances and HVAC industries. In Argentina, shipments are expected to decrease in the third quarter as a result of softening steel demand triggered by a significant depreciation of the Argentine peso beginning in May 2018 that led to a strong increase in interest rates in the country.

The introduction in the US of trade measures against imports of steel under section 232 produced a high level of trade friction in world steel markets, disrupting trade flows and causing an unusually wide gap between prices in the US and those in the rest of the world. There is significant uncertainty over the sustainability of current steel price levels in the US market, as trade conditions could continue changing over the following quarters and the current steel price gap could narrow if trade flows regain strength.

Analysis of Second Quarter 2018 Results

Net gain attributable to Ternium’s equity owners in the second quarter 2018 was USD326.6 million, compared to net gain attributable to Ternium’s equity owners of USD249.7 million in the second quarter 2017. Including non-controlling interest, net gain for the second quarter 2018 was USD337.8 million, compared to net gain of USD281.8 million in the second quarter 2017. Earnings per ADS in the second quarter 2018 were USD1.66, compared to earnings per ADS of USD1.27 in the second quarter 2017.

Net sales in the second quarter 2018 were USD3.1 billion, or 35% higher than net sales in the second quarter 2017. The following table outlines Ternium’s consolidated net sales for the second quarter 2018 and the second quarter 2017:

Net Sales (million USD)

2Q 2018

2Q 2017

Dif.

Mexico

1,657.4

1,424.2

16
%

Southern Region

589.3

563.5

5
%

Other Markets

778.8

270.9

188
%

Total steel products net sales

3,025.4

2,258.6

34
%

Other products 1

108.0

64.1

68
%

Steel segment net sales

3,133.4

2,322.7

35
%

Mining segment net sales

73.7

55.6

33
%

Intersegment eliminations

(73.1
)

(55.6
)

Net sales

3,134.0

2,322.7

35
%

Cost of sales was USD2.2 billion in the second quarter 2018, an increase of USD504.8 million compared to the second quarter 2017. This was principally due to a USD397.7 million, or 30%, increase in raw material and consumables used, mainly reflecting a 26% increase in steel shipment volumes and higher purchased slabs, scrap and zinc costs; and to a USD107.1 million increase in other costs, mainly including a USD44.6 million increase in maintenance expenses, a USD27.3 million increase in labor costs, a USD24.9 million increase in services and fees and a USD15.4 million increase in depreciation of property, plant and equipment. The consolidation of Ternium Brasil in the second quarter 2018 affected all of the above-mentioned components of the cost of sales, as well as the selling, general and administrative expenses.

Selling, General & Administrative (SG&A) expenses in the second quarter 2018 were USD245.0 million, or 7.8% of net sales, an increase of USD56.0 million compared to SG&A expenses in the second quarter 2017, mainly due to the consolidation of Ternium Brasil and related transactions in 2018 (which started in September 2017).

Operating income in the second quarter 2018 was USD650.3 million, or 20.8% of net sales, compared to operating income of USD392.8 million, or 16.9% of net sales in the second quarter 2017. The following table outlines Ternium’s operating income by segment for the second quarter 2018 and second quarter 2017:

Steel segment

Mining segment

Intersegment

eliminations

Total

USD million

2Q 2018

2Q 2017

2Q 2018

2Q 2017

2Q 2018

2Q 2017

2Q 2018

2Q 2017

Net Sales

3,133.4

2,322.7

73.7

55.6

(73.1)

(55.6)

3,134.0

2,322.7

Cost of sales

(2,254.6)

(1,725.3)

(55.3)

(53.7)

76.8

50.8

(2,233.0)

(1,728.2)

SG&A expenses

(241.5)

(186.1)

(3.5)

(2.9)

(245.0)

(189.0)

Other operating (expense) income, net

(6.0 )

(12.7)

0.4

0.1

(5.6)

(12.6)

Operating income

631.3

398.5

15.3

(0.9)

3.7

(4.7)

650.3

392.8

EBITDA

754.8

491.7

29.1

10.9

3.7

(4.7)

787.6

497.9

Steel reporting segment

The steel segment’s operating income was USD631.3 million in the second quarter 2018, an increase of USD232.8 million compared to the second quarter 2017, reflecting higher net sales, partially offset by higher operating costs.

Net sales of steel products in the second quarter 2018 increased 34% compared to the second quarter 2017, reflecting a 681,000-ton increase in shipments and higher revenue per ton. Shipments increased 26% year-over-year due to higher volumes in all of Ternium’s steel markets, especially in Other Markets due to the consolidation of Ternium Brasil. Revenue per ton increased 6%, mainly as a result of higher realized steel prices in all of Ternium’s main steel markets, partially offset by a higher participation of slabs in the sales mix (which is included in Other Markets).

Net Sales

(million USD)

Shipments

(thousand tons)

Revenue/ton

(USD/ton)

2Q 2018

2Q 2017

Dif.

2Q 2018

2Q 2017

Dif.

2Q 2018

2Q 2017

Dif.

Mexico

1,657.4

1,424.2

16
%

1,721.7

1,720.4

0
%

963

828

16
%

Southern Region

589.3

563.5

5
%

604.2

599.4

1
%

975

940

4
%

Other Markets

778.8

270.9

188
%

995.8

321.0

210
%

782

844

-7
%

Total steel products

3,025.4

2,258.6

34
%

3,321.6

2,640.8

26
%

911

855

6
%

Other products 1

108.0

64.1

68
%

Steel segment

3,133.4

2,322.7

35
%

1 The item “Other products” primarily includes Ternium Brasil’s and Ternium México’s electricity sales.

Operating cost increased 31% in the second quarter 2018, due to the above mentioned 26% increase in shipments and a 4% increase in cost per ton. The increase in cost per ton year-over-year was mainly the result of higher raw material and purchased slab costs.

Mining reporting segment

The mining segment’s operating income was a gain of USD15.3 million in the second quarter 2018, compared to a loss of USD0.9 million in the second quarter 2017, mainly reflecting higher iron ore sales .

Mining products net sales in the second quarter 2018 increased USD18.2 million, mainly as a result of a 27% increase in revenue per ton and higher shipments. Revenue per ton was USD81, USD17 higher than in the second quarter 2017. Shipments were 916,000 tons, 5% higher than in the second quarter 2017.

Mining segment

2Q 2018

2Q 2017

Dif.

Net Sales (million USD)

73.7

55.6

33
%

Shipments (thousand tons)

915.6

874.5

5
%

Revenue per ton (USD/ton)

81

64

27
%

Operating cost increased 4% year-over-year, mainly due to the above-mentioned 5% increase in shipment volumes, partially offset by a reduction of 1% in operating cost per ton.

EBITDA in the second quarter 2018 was USD787.6 million, or 25.1% of net sales, compared to USD497.9 million, or 21.4% of net sales, in the second quarter 2017.

Net financial results were a USD149.2 million loss in the second quarter 2018, compared to a USD67.1 million loss in the second quarter 2017. During the second quarter 2018, Ternium’s net financial interest results totaled a loss of USD27.8 million, compared to a loss of USD19.6 million in the second quarter 2017, mainly reflecting higher net indebtedness.

Net foreign exchange results were a loss of USD68.5 million in the second quarter 2018 compared to a loss of USD37.5 million in the second quarter 2017. The net loss in the second quarter 2018 was mainly due to the negative non-cash impact of the Argentine peso’s 30% depreciation against the U.S. dollar on Ternium Argentina’s US dollar financial position (which uses the Argentine peso as its functional currency), partially offset by a positive impact of the Mexican peso’s 8% depreciation against the U.S. dollar on a net short local currency position in Ternium’s Mexican subsidiaries.

Change in fair value of financial instruments included in net financial results was a USD59.4 million loss in the second quarter 2018 compared to a USD9.8 million loss in the second quarter 2017. The losses in these periods were mainly related to certain derivative instruments entered into to compensate for the interest rate charges derived from Ternium’s Argentine subsidiary’s local currency denominated financial debt.

Equity in results of non-consolidated companies was a gain of USD12.4 million in the second quarter 2018, compared to a gain of USD15.2 million in the second quarter 2017.

Income tax expense in the second quarter 2018 was USD175.7 million, or 34% of income before income tax expense, compared to an income tax expense of USD59.1 million in the second quarter 2017, or 17% of income before income tax expense. The effective tax rate in the second quarter 2018 included a non-cash charge on deferred taxes due to the 8% depreciation of the Mexican peso against the U.S. dollar, which reduces, in U.S. dollar terms, the tax base used to calculate deferred tax at our Mexican subsidiaries (which have the U.S dollar as their functional currency). The unusually low effective tax rate in the second quarter 2017 was mainly the result of the non-cash gain on deferred taxes due to the 5% appreciation of the Mexican peso against the US dollar.

Net gain attributable to non-controlling interest in the second quarter 2018 was USD11.2 million, compared to net gain of USD32.1 million in the same period in 2017.

Analysis of First Half 2018 Results

Net income attributable to Ternium’s equity owners in the first half 2018 was USD693.3 million, compared to USD511.0 million in the first half 2017. Including non-controlling interest, net income for the first half 2018 was USD759.9 million, compared to net income of USD592.2 million in the first half 2017. Earnings per ADS in the first half 2018 were USD3.53, compared to earnings of USD2.60 in in the first half 2017.

Net sales in the first half 2018 were USD6.1 billion, 39% higher than net sales in the first half 2017. The following table outlines Ternium’s consolidated net sales for the first half 2018 and the first half 2017:

Net Sales (million USD)

1H 2018

1H 2017

Dif.

Mexico

3,172.8

2,724.0

16
%

Southern Region

1,226.3

1,074.9

14
%

Other Markets

1,504.0

494.7

204
%

Total steel products net sales

5,903.1

4,293.6

37
%

Other products 1

191.4

104.2

84
%

Steel segment net sales

6,094.5

4,397.8

39
%

Mining segment net sales

143.5

118.2

21
%

Intersegment eliminations

(142.7
)

(118.2
)

Net sales

6,095.3

4,397.8

39
%

1The item ”Other products” primarily includes includes Ternium Brasil’s andTernium México’s electricity sales.

Cost of sales was USD4.4 billion in the first half 2018, an increase of USD1.2 billion compared to the first half 2017. This was principally due to a USD955.1 million, or 38%, increase in raw material and consumables used, mainly reflecting a 34% increase in steel shipments volume and higher purchased slab, scrap and zinc costs; and to a USD221.8 million increase in other costs, mainly including a USD79.3 million increase in labor cost, a USD75.5 million increase in maintenance expenses, a USD41.0 million increase in services and fees and a USD35.2 million increase in depreciation of property, plant and equipment.

Selling, General & Administrative (SG&A) expenses in the first half 2018 were USD485.5 million, or 8.0% of net sales, an increase of USD124.2 million compared to SG&A expenses in the first half 2017 mainly due to the consolidation of Ternium Brasil and related transactions in 2018 (which started in September 2017) and to higher freight and transport expenses, partially offset by lower services and fees expenses.

Other net operating income in the first half 2018 was a USD0.2 million gain, compared to a USD19.8 million loss in the first half 2017 mainly related to a donation for the construction of the Roberto Rocca technical school in Pesquería, Nuevo León, Mexico in the second quarter 2017.

Operating income in the first half 2018 was USD1.2 billion, or 19.3% of net sales, compared to operating income of USD757.0 million, or 17.2% of net sales, in the first half 2017. The following table outlines Ternium’s operating income by segment for the first half 2018 and the first half 2017:

Steel segment

Mining segment

Intersegment

eliminations

Total

USD million

1H 2018

1H 2017

1H 2018

1H 2017

1H 2018

1H 2017

1H 2018

1H 2017

Net Sales

6,094.5

4,397.8

143.5

118.2

(142.7)

(118.2)

6,095.3

4,397.8

Cost of sales

(4,477.8)

(3,274.5)

(107.7)

(102.3)

149.0

117.2

(4,436.5)

(3,259.6)

SG&A expenses

(476.8)

(356.1)

(8.7)

(5.2)

(485.5)

(361.3)

Other operating (expense) income, net

(0.4)

(20.1)

0.6

0.3

0.2

(19.8)

Operating income (expense)

1,139.5

747.0

27.7

10.9

6.3

(0.9)

1,173.4

757.0

EBITDA

1,391.5

929.4

55.0

34.2

6.3

(0.9)

1,452.7

962.6

Steel reporting segment

The steel segment’s operating income was USD1.1 billion in the first half 2018, an increase of USD392.5 million compared to the operating income in the first half 2017, reflecting higher net sales, partially offset by higher operating cost.

Net sales of steel products in the first half 2018 increased 37% compared to the first half 2017, reflecting a 1.7 million-ton increase in shipments and a USD23 increase in steel revenue per ton. Shipments increased 34% year-over-year due to higher shipments in all the markets, especially in Other Markets mainly due to the consolidation of Ternium Brasil in 2018 (which started in September 2017). Revenue per ton increased 3%, reflecting higher steel prices in Ternium Mexico and in the Southern Region, partially offset by lower revenue per ton in Other Markets in the first half 2018.

Net Sales

(million USD)

Shipments

(thousand tons)

Revenue/ton

(USD/ton)

1H 2018

1H 2017

Dif.

1H 2018

1H 2017

Dif.

1H 2018

1H 2017

Dif.

Mexico

3,172.8

2,724.0

16%

3,496.2

3,383.4

3%

907

805

13%

Southern Region

1,226.3

1,074.9

14%

1,249.5

1,144.5

9%

981

939

4%

Other Markets

1,504.0

494.7

204%

2,098.7

587.7

257%

717

842

-15%

Total steel products

5,903.1

4,293.6

37%

6,844.5

5,115.6

34%

862

839

3%

Other products1

191.4

104.2

84%

Steel segment

6,094.5

4,397.8

39
%

Operating cost increased 36% due to the above-mentioned 34% increase in shipment volumes and a 2% increase in operating cost per ton. The increase in operating cost per ton was mainly due to higher raw material and purchased slabs cost.

Mining reporting segment

The mining segment’s operating income was a gain of USD27.7 million in the first half 2018, compared to a gain of USD10.9 million in the first half 2017, reflecting higher iron ore sales.

Net sales of mining products in the first half 2018 were 21% higher than those in the first half 2017, reflecting 14% higher revenue per ton and 6% higher shipments.

Mining segment

1H 2018

1H 2017

Dif.

Net Sales (million USD)

143.5

118.2

21
%

Shipments (thousand tons)

1,844.9

1,737.9

6
%

Revenue per ton (USD/ton)

78

68

14
%

EBITDA in the first half 2018 was USD1.5

EBITDA in the first half 2018 was USD1.5 billion, or 23.8% of net sales, compared with USD962.6 million, or 21.9% of net sales, in the first half 2017.

Net financial results were USD228.9 million loss in the first half 2018, compared to USD107.0 million loss in the first half 2017. During the first half 2018, Ternium’s net financial interest results totaled a loss of USD56.5 million, compared with a loss of USD36.4 million in the first half 2017, reflecting higher average indebtedness.

Net foreign exchange results included a USD31.7 million negative year-over-year difference mainly related to the effect of the fluctuations of the Argentine and Mexican peso against the US dollar. In the first half 2018, the Argentine peso depreciated 35% against the US dollar compared to 4% in the first half 2017, resulting in a non-cash negative impact in Ternium Argentina’s US dollar financial position (which uses the Argentine peso as its functional currency). This was partially offset by a positive impact of the Mexican peso’s 1% depreciation against the US dollar on a net short local currency position in Ternium’s Mexican subsidiaries compared to a 15% appreciation in the first half 2017.

Change in fair value of financial instruments included in net financial results was a USD73.6 million loss in the first half 2018 compared to a USD9.5 million gain in the first half 2017. The loss in the first half 2018 was mainly related to certain derivative instruments entered into to compensate for the interest rate charges derived from Ternium’s Argentine subsidiary’s local currency denominated financial debt.

Equity in results of non-consolidated companies was a gain of USD32.3 million in the first half 2018, compared to a gain of USD36.6 million in the first half 2017.

Income tax expense in the first half 2018 was USD217.0 million, or 22% of income before income tax, compared to an income tax expense of USD94.4 million, or 14% of income before income tax in the first half 2017. The difference is mainly due to the non-cash impact on deferred taxes due to the fluctuation of the Mexican peso against the U.S. dollar (1% depreciation in the first half 2018 compared to a 15% appreciation in the first half 2017).

Net gain attributable to non-controlling interest in the first half 2018 was USD66.6 million, compared to a net gain of USD81.1 million in the first half 2017.

Cash Flow and Liquidity

Net cash provided by operating activities in the first half 2018 was USD742.2 million. Working capital increased by USD350.8 million in the first half 2018 as a result of an aggregate USD263.2 million net increase in trade and other receivables and a USD225.8 million increase in inventories, partially offset by an aggregate USD138.2 million net increase in accounts payable and other liabilities. The net increase in trade and other receivables in the first half 2018 mainly reflected higher steel prices and volumes. The inventory value increase in the first half 2018 was mainly due to net USD143.0 million higher costs of slabs, goods in process and finished goods principally as a result of the pass-through of higher purchased slab, scrap, coal and iron ore prices; and USD157.7 million higher volume and price of raw materials, supplies and other; partially offset by USD74.8 million lower steel volume.

Capital expenditures in the first half 2018 were USD237.9 million, USD55.4 million higher than in the first half 2017 mainly due to the consolidation of Ternium Brasil. The main investments carried out during the first half 2018 included those made for new hot-rolling, hot-dipped galvanizing and pre-painting production capacity in the company’s Pesquería industrial center, improvement of environmental and safety conditions at certain facilities, the upgrade and expansion of two hot strip mills, the expansion of connectivity and equipment automation, and those made in Peña Colorada’s iron ore operations.

In the first half 2018, Ternium’s free cash flow6 was USD504.3 million. Net repayment of borrowings in the first half 2018 reached USD359.3 million. Net dividends paid to shareholders were USD215.9 million and net dividends paid by subsidiaries to non-controlling interest were USD29.0 million. As of June 30, 2018, Ternium’s net debt position7 was USD2.4 billion.

Net cash provided by operating activities in the second quarter 2018 was USD550.1 million. Working capital increased by USD84.7 million in the second quarter 2018 as a result of a USD67.6 million increase in inventories and an aggregate USD35.1 million net decrease in accounts payable and other liabilities, partially offset by an aggregate USD18.0 million net decrease in trade and other receivables. The inventory value increase in the second quarter 2018 was mainly due to a net USD43.5 million higher costs of slabs, goods in process and finished goods principally as a result of the pass-through of higher purchased slab, scrap, coal and iron ore prices, partially offset by a lower participation of purchased steel in the inventory mix; and USD53.7 million higher volume and price of raw materials and supplies; partially offset by net USD29.4 million lower steel volume. In the second quarter 2018, Ternium’s free cash flow8 was USD414.6 million.

Conference Call and Webcast

Ternium will host a conference call on August 1, 2018, at 8:30 a.m. ET in which management will discuss second quarter 2018 results. A webcast link will be available in the Investor Center section of the company’s website at www.ternium.com.

Forward Looking Statements

Some of the statements contained in this press release are “forward-looking statements”. Forward-looking statements are based on management’s current views and assumptions and involve known and unknown risks that could cause actual results, performance or events to differ materially from those expressed or implied by those statements. These risks include but are not limited to risks arising from uncertainties as to gross domestic product, related market demand, global production capacity, tariffs, cyclicality in the industries that purchase steel products and other factors beyond Ternium’s control.

About Ternium

Ternium is Latin America’s leading flat steel producer, with operating facilities in Mexico, Brazil, Argentina, Colombia, the southern United States and Central America. The company offers a broad range of high value-added steel products for customers active in the automotive, home appliances, construction, capital goods, container, food and energy industries through its manufacturing and service center network and advanced customer integration systems. More information about Ternium is available at www.ternium.com.

Notes

1 EBITDA in the second quarter 2018 equals operating income of USD650.3 million adjusted to exclude depreciation and amortization of USD137.3 million.
2 Consolidated EBITDA divided by steel shipments.
3 American Depositary Share (ADS). Each represents 10 shares of Ternium’s common stock. Results are based on a weighted average number of shares of common stock outstanding (net of treasury shares) of 1,963,076,776.
4 Operating cost per ton is equal to cost of sales plus SG&A, divided by shipments.
5 EBITDA in the first half 2018 equals operating income of USD1,173.4 million adjusted to exclude depreciation and amortization of USD279.3 million.
6 Free cash flow in the first half 2018 equals net cash provided by operating activities of USD742.2 million less capital expenditures of USD237.9 million.
7 Net debt position at June 30, 2018 equals borrowings of USD2.8 billion less cash and equivalents plus other investments of USD0.4 billion.
8 Free cash flow in the second quarter 2018 equals net cash provided by operating activities of USD550.1 million less capital expenditures of USD135.5 million.

Consolidated Income Statement

USD million

2Q 2018

2Q 2017

1H 2018

1H 2017

(Unaudited)

(Unaudited)

Net sales

3,134.0

2,322.7

6,095.3

4,397.8

Cost of sales

(2,233.0
)

(1,728.2
)

(4,436.5
)

(3,259.6
)

Gross profit

900.9

594.5

1,658.8

1,138.1

Selling, general and administrative expenses

(245.0
)

(189.0

(485.5
)

(361.3
)

Other operating (expenses) income, net

(5.6
)

(12.6
)

0.2

(19.8
)

Operating income

650.3

392.8

1,173.4

757.0

Finance expense

(33.3
)

(24.1
)

(67.1
)

(45.5
)

Finance income

5.5

4.5

10.6

9.1

Other financial expenses, net

(121.4
)

(47.5
)

(172.5
)

(70.6
)

Equity in earnings of non-consolidated companies

12.4

15.2

32.3

36.6

Profit before income tax expense

513.5

340.9

976.8

686.5

Income tax expense

(175.7
)

(59.1
)

(217.0
)

(94.4
)

Profit for the period

337.8

281.8

759.9

592.2

Attributable to:

Owners of the parent

326.6

249.7

693.3

511.0

Non-controlling interest

11.2

32.1

66.6

81.1

Profit for the period

337.8

281.8

759.9

592.2

Consolidated Statement of Financial Position

USD million

June 30,

2018

December 31,

2017

(Unaudited)

Property, plant and equipment, net

5,138.8

5,349.8

Intangible assets, net

1,027.4

1,092.6

Investments in non-consolidated companies

438.3

478.3

Deferred tax assets

129.1

121.1

Receivables, net

636.0

677.3

Trade receivables, net

5.6

4.8

Other investments

31.1

3.4

Total non-current assets

7,406.3

7,727.3

Receivables, net

262.7

362.2

Derivative financial instruments

1.7

2.3

Inventories, net

2,589.4

2,550.9

Trade receivables, net

1,273.7

1,006.6

Other investments

97.9

132.7

Cash and cash equivalents

229.8

337.8

Total current assets

4,455.3

4,392.5

Non-current assets classified as held for sale

2.2

2.8

Total assets

11,863.8

12,122.6

Capital and reserves attributable to the owners of the parent

5,257.6

5,010.4

Non-controlling interest

772.2

842.3

Total Equity

6,029.7

5,852.8

Provisions

657.1

768.5

Deferred tax liabilities

453.1

513.4

Other liabilities

365.8

373.0

Trade payables

1.1

2.3

Financial Lease liabilities

67.4

69.0

Borrowings

1,512.2

1,716.3

Total non-current liabilities

3,056.6

3,442.5

Current income tax liabilities

72.2

52.9

Other liabilities

347.7

357.0

Trade payables

1,027.3

897.7

Derivative financial instruments

49.1

6.0

Financial Lease liabilities

8.0

8.0

Borrowings

1,273.1

1,505.6

Total current liabilities

2,777.5

2,827.3

Total liabilities

5,834.0

6,269.8

Total equity and liabilities

11,863.8

12,122.6

Consolidated Statement of Cash Flows

USD million

2Q 2018

2Q 2017

1H 2018

1H 2017

(Unaudited)

(Unaudited)

Profit for the period

337.8

281.8

759.9

592.2

Adjustments for:

Depreciation and amortization

137.3

105.0

279.3

205.6

Equity in earnings of non-consolidated companies

(12.4
)

(15.2
)

(32.3
)

(36.6
)

Changes in provisions

(0.1
)

0.7

1.0

1.3

Net foreign exchange results and others

115.7

64.0

140.6

110.0

Interest accruals less payments

5.5

3.0

(7.1
)

2.0

Income tax accruals less payments

51.1

(278.0
)

(48.5
)

(309.6
)

Changes in working capital

(84.7
)

(140.7
)

(350.8
)

(458.5
)

Net cash provided by operating activities

550.1

20.7

742.2

106.5

Capital expenditures

(135.5
)

(98.6
)

(237.9
)

(182.5
)

Proceeds from the sale of property, plant & equipment

0.2

0.3

0.4

0.4

Dividends received from non-consolidated companies

0.1

0.1

Loans to non-consolidated companies

4.8

(23.9
)

Increase in Other Investments

13.7

(2.7
)

6.3

(8.2
)

Net cash used in investing activities

(116.8)

(101.0
)

(231.2
)

(214.2
)

Dividends paid in cash to company’s shareholders

(215.9
)

(196.3
)

(215.9
)

(196.3
)

Dividends paid in cash to non-controlling interest

(29.0
)

(30.6
)

(29.0
)

(30.6
)

Financial Lease Payments

(2.5
)

(3.8
)

(1.1
)

Proceeds from borrowings

298.9

519.4

526.0

858.4

Repayments of borrowings

(477.7
)

(318.9
)

(885.4
)

(527.3
)

Net cash (used in) provided by financing activities

(426.2
)

(26.4
)

(608.1
)

103.2

(Decrease) increase in cash and cash equivalents

7.1

(106.6
)

(97.1
)

(4.5
)

Shipments

Thousand tons

2Q 2018

2Q 2017

1Q 2018

1H 2018

1H 2017

Mexico

1,721.7

1,720.4

1,774.5

3,496.2

3,383.4

Southern Region

604.2

599.4

645.3

1,249.5

1,144.5

Other Markets

995.8

321.0

1,103.0

2,098.7

587.7

Total steel segment

3,321.6

2,640.8

3,522.8

6,844.5

5,115.6

Total mining segment

915.6

874.5

929.3

1,844.9

1,737.9

Revenue / ton

USD/ton

2Q 2018

2Q 2017

1Q 2018

1H 2018

1H 2017

Mexico

963

828

854

907

805

Southern Region

975

940

987

981

939

Other Markets

782

844

658

717

842

Total steel segment

911

855

817

862

839

Total mining segment

81

64

75

78

68

Net Sales

USD million

2Q 2018

2Q 2017

1Q 2018

1H 2018

1H 2017

Mexico

1,657.4

1,424.2

1,515.4

3,172.8

2,724.0

Southern Region

589.3

563.5

637.0

1,226.3

1,074.9

Other Markets

778.8

270.9

725.3

1,504.0

494.7

Total steel products

3,025.4

2,258.6

2,877.7

5,903.1

4,293.6

Other products1

108.0

64.1

83.5

191.4

104.2

Total steel segment

3,133.4

2,322.7

2,961.2

6,094.5

4,397.8

Total mining segment

73.7

55.6

69.7

143.5

118.2

Total steel and mining segments

3,207.1

2,378.2

3,030.9

6,238.0

4,515.9

Intersegment eliminations

(73.1
)

(55.6
)

(69.6
)

(142.7
)

(118.2
)

Total net sales

3,134.0

2,322.7

2,961.3

6,095.3

4,397.8

1 The item “Other products” primarily includes Ternium Brasil’s and Ternium México’s electricity sales.

SOURCE: Ternium S.A.

ReleaseID: 507690

READ NOW: Monteverde & Associates PC Announces An Investigation Of AV Homes, Inc.– AVHI

NEW YORK, NY / ACCESSWIRE / July 31, 2018 / Juan Monteverde, founder and managing partner at Monteverde & Associates PC, a national securities firm headquartered at the Empire State Building in New York City, is investigating AV Homes, Inc. (“AV Homes” or “the Company”) (NASDAQ: AVHI) relating to the sale of the Company to Taylor Morrison Home Corporation (“Taylor Morrison”). Under the terms of the transaction, AV Homes shareholders may elect to receive: (i) $21.50 per share in cash; (2) 0.9793 shares of Taylor Morrison Class A stock; or (3) a combination of $12.64 in cash and 0.4034 shares of Taylor Morrison Class A stock.

Click here for more information: https://monteverdelaw.com/case/av-homes-inc. It is free and there is no cost or
obligation to you.

The investigation focuses on whether AV Homes and its Board of Directors violated securities laws and/or breached their fiduciary duties to the Company’s stockholders by 1) failing to conduct a fair process, 2) whether and by how much this proposed transaction undervalues the Company by and 3) failing to disclose all material financial information in connection with the upcoming shareholder meeting.

Monteverde & Associates PC is a national class action securities and consumer litigation law firm that has recovered
millions of dollars and is committed to protecting shareholders and consumers from corporate wrongdoing. Monteverde & Associates lawyers have significant experience litigating Mergers & Acquisitions and Securities Class Actions, whereby they protect investors by recovering money and remedying corporate misconduct. Mr. Monteverde, who leads the legal team at the firm, has been recognized by Super Lawyers as a Rising Star in Securities Litigation in 2013 and 2017, an award given to less than 2.5% of attorneys in a particular field. He has also been selected by Martindale-Hubbell as a 2017 Top Rated Lawyer.

If you own common stock in AV Homes and wish to obtain additional information and protect your investments free of charge, please visit our website or contact Juan E. Monteverde, Esq. either via e-mail at jmonteverde@monteverdelaw.com or by telephone at (212) 971-1341.

CONTACT:

Juan E. Monteverde, Esq.
MONTEVERDE & ASSOCIATES PC
The Empire State Building
350 Fifth Ave. Suite 4405
New York, NY 10118
United States of America
jmonteverde@monteverdelaw.com
Tel: (212) 971-1341

Attorney Advertising. (C) 2018 Monteverde & Associates PC. The law firm responsible for this advertisement is Monteverde & Associates PC (www.monteverdelaw.com). Prior results do not guarantee a similar outcome with respect to any future matter.

SOURCE: Monteverde & Associates PC

ReleaseID: 507699

“LITTLE VOICE” (KOREAN DUBBING ACADEMY) HAD A GREAT STAND AT THE SETEC IN SEOUL.

“Little Voice” a vibrant Korean dubbing training institute for children -in English, Korean and Chinese- is set to open subsidiaries internationally and welcomes joint-venture partners.

Seoul, Korea, Republic of – July 31, 2018 /PressCable/

Seoul, South Korea – August 2, 2018: “Little Voice”, the growing Korean voice training company, has just announced that they have proudly participated in the Children’s Education Fair at the SETEC exhibition hall in Seoul, South Korea, held from July 25 to 28, 2018. “Little Voice” is a renowned and dynamic education institute, installed and certified in 2014, for voice, dubbing and speech training, specifically aimed at children. At this inspiring educational exhibition, “Little Voice” held a popular and exciting stand, where youngsters and adults from all across South Korea -but not only- excitedly acquainted themselves, between friends or relatives, to the subtle art of dubbing.

“We cover a wide range of areas, specifically voice acting, dubbing classes, speech training,” stated Mrs. Ji-Hyea KIM, founder and CEO of “Little Voice”, while introducing her company. “We are immensely grateful to all people who visited our stand at the Children’s Education Fair. It was a mutually enjoyable and fruitful experience. We introduced our art to the general public and welcomed countless participants, eager to jump in and joyfully practice voice-over on short animations, with energy, passion and sensitivity at our stand. We shared many a laugh!” As per Mrs. Kim, her company will increase its visibility and take part in as many public events as available, in order to increase awareness of and interest in the many benefits of voice education and the art of dubbing.

“Little Voice” already provides regular classes in well over a hundred of public schools and private academies in South Korea, thanks to its network of trained professional instructors. Education is particularly important in that country, including extra-curriculum training programs. Children, parents and education institutions appreciate these classes, as they provide a fun learning environment on stories children love, in Korean, English and Chinese. This training is intended to develop and master transferable skills, with gradually more challenging levels. Thus, youngsters are able of attend these training sessions with fun!

“For kids, in particular, our goal is to enable them to discover their emotions and learn to master them, in addition to improving their language and expression abilities, and being more aware of their energy levels”, stated the CEO while explaining the advantages of her company’s training programs. “Our next goal is soon to expand our expertise overseas, and reach more people. It is a strong feeling when children hear their own voices over beloved characters starring in cute stories. They are amazed and proud! We love that feeling and we share it!”

Furthermore, “Little Voice” and its sister company “VTV” (“Voice to Voice”, specialized in dubbing instruction aimed at adults in a professional format) have plans to expand their top-of-the-notch dubbing of overseas audiovisual programs into Korean, for films, TV, animations, advertisements or games.

The website for “Little Voice” is http://www.littlevoice.co.kr/SE4P/main.asp

The website for “Little Voice” is http://www.voicetovoice.co.kr/main/

Contact Info:
Name: Mrs. KIM Ji-Hyea
Email: vovoschool@naver.com
Organization: Little Voice
Address: undefined, Seoul, Seoul 121-080, Korea, Republic of
Phone: +82-2-707-3311

For more information, please visit http://www.voicetovoice.co.kr/

Source: PressCable

Release ID: 386429

Digital Marketing Company Reveals How to Redesign a Website Without Losing SEO

Geeky Tech releases their new how to guide on website SEO migration. The full guide can be found on their website over at https://www.geekytech.co.uk/website-migration-redesign-seo-checklist/

Guildford, United Kingdom – July 31, 2018 /PressCable/

IT marketing agency, Geeky Tech Ltd have recently published a how to guide on how to redesign a website without losing hard-earned SEO. This guide will help businesses follow the all important SEO migration steps to ensure their rankings on Google and other major search engines are not damaged.

About the business

Geeky Tech is a bespoke technology marketing agency with a passion for web and Search. They are dedicated to building mind blowing websites and ranking them at the top of Google. The team of expert super geeks specialise in making sure websites gets found in Google by potential new customers.

As a boutique technology marketing agency Geeky Tech work with IT and Technology companies helping them to manage, maintain and grow their websites. The company use cutting edge (SEO) Search engine optimization techniques and the latest industry leading Google Adwords management tools.

More information about the technology marketing agency can be found at: https://www.geekytech.co.uk

The how to guide provides details on the following:

SEO Domain Migration – A domain transfer can be incredibly damaging to your rankings. Search engines can fail to pick up on the fact you’ve moved a website and will take some time to transfer your ranking potential, meaning you can spend between 4-12 weeks way down in the depths of Google.

Domain Change – The company gets asked the question a lot ‘will changing domain name impact SEO’ quite a lot and, in short, yes it will – unless you put in the work to prevent it. Hopefully, you’ll have a lot of links attached to your old domain so you’re going to want to transfer these for SEO purposes. To do this, you’ll have to keep your old domain under your control and redirect the links to your new domain. Pretty easy, actually!

Website Redesign SEO – Changes to the web mapping and site hierarchy can also affect search results if not done with SEO in mind.

The full SEO migration how to guide can be found on their website at: https://www.geekytech.co.uk/website-migration-redesign-seo-checklist/

Contact information can be found below:

Geeky Tech

Parallel House 32 London Road Guildford Surrey GU1 2AB

0203 800 1212

Contact Info:
Name: Ben
Organization: Geeky Tech
Address: Parallel House 32 London Road, Guildford, Surrey GU1 2AB, United Kingdom
Phone: +44-20-3800-1212

For more information, please visit https://www.geekytech.co.uk

Source: PressCable

Release ID: 387234

IT Managed Service Provider Releases New GDPR Guide

Orion Global Managed Services reveals their new guide on the facts About GDPR. Business owners and other interested parties can find the guide online at http://orionglobalms.com/

Keighley Road, United Kingdom – July 31, 2018 /PressCable/

Global IT managed service provider, Orion Global Managed Services, has recently released a new how-to guide dedicated to helping business owners become aware of the basic facts of GDPR.

Those interested can read the guide in full on their website: https://orionglobalms.com/6-key-facts-gdpr-simple-guide/

Orion Global Managed Services states that this accessible, easy to follow guide provides all of the information necessary to fully understand the topic, to fully comply with the GDPR.

About Orion Global Managed Services

Orion Global Managed Services are specialists in Global IT outsourcing, providing a wide range of global IT services that encompass a business’s needs. With access to over 6000 IT engineers, located across 150 countries around the world – including in remote and hard to reach areas – they mean it when they say they’re a global IT managed service provider.

The how to guide on the new GDPR includes the following:

-The purpose of GDPR

-Why GDPR is being put in place

-A description of the different types of organisations that the GDPR will apply to

and more.

When asked for more information about the guide, the reasons behind creating a guide on Facts About GDPR and what they hope to accomplish with it, Charlotte Orion, Manager at Orion Global Managed Services said:

“With the deadline for the enforcement of the new General Data Protection Regulation (GDPR) fast-approaching, we created this guide to answer some key questions about the new regulation and to outline important recommendations. The guide takes a look at the basics of what GDPR is, how the regulation will impact organisations and the role of IT within data protection as a whole.”

Business owners and anybody interested in Facts About GDPR are invited to review the how-to guide online: http://orionglobalms.com/

Business contact details can be found below:

Orion Global Managed Services

Unit 8, Factor House, Acorn Business Park

Keighley Road

Skipton

BD23 2UE

UK

01756 633 882

Contact Info:
Name: Chris
Email: info@orionms.co.uk
Organization: Orion Global Managed Services
Address: Unit 8, Factor House, Acorn Business Park, Keighley Road, Skipton BD23 2UE, United Kingdom
Phone: +44-1756-633882

Source: PressCable

Release ID: 387232

READ NOW: Monteverde & Associates PC Announces An Investigation of Envision Healthcare Corporation – EVHC

NEW YORK, NY / ACCESSWIRE / July 31, 2018 / Juan Monteverde, founder and managing partner at Monteverde & Associates PC, a national securities firm headquartered at the Empire State Building in New York City, is investigating Envision Healthcare Corporation (“Envision” or the “Company”) (NYSE: EVHC) relating to the sale of the Company to Kohlberg Kravis Roberts & Co. L.P. (“KKR“). Under the terms of the proposed transaction, Envision shareholders are only anticipated to receive $46.00 for each share of Envision common stock held.

Click here for more information: https://monteverdelaw.com/case/envision-healthcare-corporation-0. It is free and there is no cost or
obligation to you.

The investigation focuses on whether Envision and its Board of Directors violated securities laws and/or breached their fiduciary duties to the Company’s stockholders by 1) failing to conduct a fair process, 2) whether and by how much this proposed transaction undervalues the Company by and 3) failing to disclose all material financial information in connection with the upcoming shareholder meeting.

Monteverde & Associates PC is a national class action securities and consumer litigation law firm that has recovered
millions of dollars and is committed to protecting shareholders and consumers from corporate wrongdoing. Monteverde & Associates lawyers have significant experience litigating Mergers & Acquisitions and Securities Class Actions, whereby they protect investors by recovering money and remedying corporate misconduct. Mr. Monteverde, who leads the legal team at the firm, has been recognized by Super Lawyers as a Rising Star in Securities Litigation in 2013 and 2017, an award given to less than 2.5% of attorneys in a particular field. He has also been selected by Martindale-Hubbell as a 2017 Top Rated Lawyer.

If you own common stock in Envision and wish to obtain additional information and protect your investments free of charge, please visit our website or contact Juan E. Monteverde, Esq. either via e-mail at jmonteverde@monteverdelaw.com or by telephone at (212) 971-1341.

CONTACT:

Juan E. Monteverde, Esq.
MONTEVERDE & ASSOCIATES PC
The Empire State Building
350 Fifth Ave. Suite 4405
New York, NY 10118
United States of America
jmonteverde@monteverdelaw.com
Tel: (212) 971-1341

Attorney Advertising. (C) 2018 Monteverde & Associates PC. The law firm responsible for this advertisement is Monteverde & Associates PC (www.monteverdelaw.com). Prior results do not guarantee a similar outcome with respect to any future matter.

SOURCE: Monteverde & Associates PC

ReleaseID: 507698

Technology Company Primed to Skyrocket

HENDERSON, NV / ACCESSWIRE / July 31, 2018 / With large tech companies like FB (facebook), TWTR ( twitter), and AMZN (amazon) experiencing massive pullbacks, the attention on smaller tech firms is starting to accelerate.

Everyone should start researching this undiscovered firm out of San Francisco immediately, APTY (APT Systems, Inc.). APTY is on the verge of receiving a great amount of attention from investors stateside and abroad. APTY presents a fantastic opportunity to people that discover APTY before the masses. APT Systems, Inc. recently released more on its partners and plans to build financial platforms. APTY is a company that specializes in the creation of innovative stock research tools for its equities trading platform branded Intuitrader, beginning with the release of dedicated charting apps under the brand KenCharts. APTY intends to expand into tracking cryptocurrencies as well. Other platforms include Verifundr for escrow and payment as well as an interchange named Tyrtrade. Its subsidiary, Snapt Games, has acquired and is also developing games for handheld devices with a view to using some of the gaming technology inside the trading platforms. Positive updates from the company are expected.

Another tech company that has experienced a massive pullback is HMNY (Helio and Matheson Analytics, Inc.). The company has literally dropped like a rock from the sky, and there does not seem to be any coming back from here. Today alone the company was down 38%, with no reversal in sight.

Legal Disclaimer

Except for the historical information presented herein, matters discussed in this article contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. ACR Communication, LLC, which owns Microcapspeculators.com, is not registered with Finra or any other financial or securities regulatory authority and does not provide nor claims to provide investment advice or recommendations to readers of this release. ACR Communication, LLC [and/or] Microcapspeculators.com does not have a position in the securities mentioned herein and may increase or decrease such positions without notice. For making specific investment decisions, readers should seek their own advice. ACR Communication LLC, which owns Microcapspeculators.com, is compensated for its services in the form of cash-based compensation or in equity in the companies it writes about, or a combination of the two. ACR Communication, LLC has been compensated one thousand dollars cash for this article and five thousand dollars total by Regal Consulting, LLC, for APTY. APTY and Regal Consulting, LLC was given an opportunity to edit the information included in this article. This article is based solely on public information and the opinions of ACR Communication, LLC, which believes the news commentary to include accurate and complete information. ACR Communication, LLC, will not buy or sell any shares in stocks contained within this article for forty-eight hours after this article’s distribution.

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Contact Information:

Company Name: Microcap Speculators
Contact Person: Media Manager
Email: info@microcapspecualtors.com
Phone: 1-702-720-6310
Country: United States
Website: http://microcapspeculators.com/

SOURCE: ACR Communications LLC

ReleaseID: 507696

Cannabis and Technology Stocks With Great Upside Potential

HENDERSON, NV / ACCESSWIRE / July 31, 2018 / If you missed the opportunity to make fifty times your money on internet stocks or Bitcoin you’re still in luck. There is new opportunities that lies in investing in Cannabis and Biotech firms right now.

Perhaps the most important part of choosing investments is determining how much risk you can take on. Ultra-risky stocks often have the potential to deliver impressive pay-days while safe, tried-and-true investments tend not to raise eyebrows with their gains. If you’re willing to take on a high degree of risk, there’s no shortage of investment choices out there.

One undiscovered company that has caught our attention is BRTX (BioRestorative Therapies, Inc.). Start doing your own research on BRTX right now. BRTX is currently preparing for its phase 2 clinical trial using BRTX-100. Anyone that discovers BRTX before the phase 2 clinical trial begins could be in store for a great run.

These Cannabis and Technology Stocks Should Be Watched: BioRestorative Therapies, Inc. (BRTX), CV Sciences, Inc. (CVSI), Synchronoss Technologies, Inc. (SNCR), Bitcoin Investment Trust (BTC), Aurora Cannabis Inc. (OTCQX: ACBFF).

BioRestorative Therapies, Inc. (BRTX)

Market Cap: $14.82M, current share price: $2.23

BioRestorative Therapies, Inc. develops therapeutic products using cell and tissue protocols, primarily involving adult stem cells. Their lead cell therapy candidate, BRTX-100, is a product formulated from autologous (person’s own) cultured mesenchymal stem cells collected from bone marrow. They intend the product will be used for the non-surgical treatment of painful lumbosacral disc disorders. The treatment is intended for patients whose pain has not been alleviated by non-invasive procedures and who potentially face the prospect of surgery. They have received clearance from the Food and Drug Administration to commence a Phase 2 clinical trial using BRTX-100. In addition, their metabolic program (ThermoStem®) is developing a cell-based therapy to target obesity, diabetes and other metabolic disorders using brown adipose (fat) derived stem cells to generate brown adipose tissue.

CV Sciences, Inc. (CVSI)

Market Cap: $248.25M, current share price: $2.95

CV Sciences, Inc. is a life science company that operates through two segments, specialty pharmaceuticals and consumer products. The Company focuses on developing and commercializing proprietary prescription drugs utilizing synthetic cannabidiol (CBD) as the active pharmaceutical ingredient and is engaged in the development, manufacturing, marketing and sale of consumer products containing plant-based CBD, which is refined into its own proprietary branded products. CV Sciences initial drug candidate (CVSI-007) is a chewing gum that combines CBD and nicotine, which the Company believes has the potential to effectively treat smokeless tobacco use and addiction.

Synchronoss Technologies, Inc. (SNCR)

Market Cap: $227.72M, current share price: $4.06

Synchronoss transforms the way companies create new revenue, reduce costs and delight their subscribers with cloud, messaging, digital and IoT products, supporting hundreds of millions of subscribers across the globe. Synchronoss’ secure, scalable and groundbreaking new technologies, trusted partnerships and talented people change the way TMT customers grow their business.

Bitcoin Investment Trust (GBTC)

Market Cap: $2B, current share price: $11.49

Bitcoin Investment Trust is a private, open-ended trust that invests exclusively in bitcoin and derives its value solely from the price of bitcoin. It enables investors to gain exposure to the price movement of bitcoin without the challenge of buying, storing, and safekeeping bitcoins.

Aurora Cannabis Inc. (OTCQX: ACBFF)

Market Cap: $3B, current share price: $5.18

Aurora Cannabis Enterprises Inc., is a licensed producer of medical cannabis pursuant to Health Canada’s Access to Cannabis for Medical Purposes Regulations (ACMPR). In addition, the Company holds approximately 9.6% of the issued shares (12.9% on a fully-diluted basis) in a leading extraction technology company, Radient Technologies Inc., based in Edmonton, and is in the process of completing an investment in Edmonton-based Hempco Food and Fiber Inc. for an ownership stake exceeding 50.0%.

Legal Disclaimer

Except for the historical information presented herein, matters discussed in this article contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. ACR Communication, LLC, which owns Microcapspeculators.com, is not registered with Finra or any other financial or securities regulatory authority, and does not provide nor claims to provide investment advice or recommendations to readers of this release. ACR Communication, LLC [and/or] Microcapspeculators.com does not have a position in the securities mentioned herein and may increase or decrease such positions without notice. For making specific investment decisions, readers should seek their own advice. ACR Communication LLC, which owns Microcapspeculators.com, is compensated for its services in the form of cash-based compensation or in equity in the companies it writes about, or a combination of the two. ACR Communication, LLC has been compensated one thousand dollars cash for this article and eight thousand dollars total by Regal Consulting, LLC, for BRTX. BRTX and Regal Consulting, LLC were given an opportunity to edit information included in this article. This article is based solely on public information and the opinions of ACR Communication, LLC, which believes the news commentary to include accurate and complete information. ACR Communication, LLC, will not buy or sell any shares in stocks contained within this article for forty eight hours after this article’s distribution.

For Full Legal Disclaimer Click Here.

Contact Information:

Company Name: Microcap Speculators
Contact Person: Media Manager
Email: info@microcapspecualtors.com
Phone: 1-702-720-6310
Country: United States
Website: http://microcapspeculators.com/

SOURCE: ACR Communications LLC

ReleaseID: 507695