Daily Archives: May 7, 2020

Bombardier Reports First Quarter 2020 Financial Results and Measures Taken in Response to COVID-19 Pandemic

Consolidated revenues of $3.7 billion, increasing by 5% year-over-year; consolidated adjusted EBIT(1) of $60 million, down 65% year-over-year, $156 million of reported EBIT; free cash flow usage(1) of $1.6 billion; operating cash flow usage of $1.5 billion Cash on hand of $2.1 billion, including a $386 million equity injection in Transportation in the quarter by Caisse de

TeraRecon Announces Emergency Lung AI Suite and Intuition Upgrade

DURHAM, N.C., May 07, 2020 (GLOBE NEWSWIRE) — Advanced visualization and artificial intelligence leader TeraRecon today announced the release of two new lung density analysis solutions for the assessment and necessary follow-up care of COVID-19 patients.  These solutions, the Lung Density Analysis II (LDA-II) workflow for Intuition and the Emergency Lung AI Suite, provide two

Philips to convene Extraordinary General Meeting of Shareholders

May 7, 2020 Amsterdam, the Netherlands – Royal Philips (NYSE: PHG, AEX: PHIA) today announced that it will convene an Extraordinary General Meeting of Shareholders (EGM) and publish the agenda with explanatory note shortly. The sole purpose of the EGM is submit to Philips’ shareholders the revised proposal, as announced on April 20, 2020, to

Indonesia reports 338 new coronavirus cases, 35 deaths

Indonesia reported 338 new coronavirus cases, bringing the total number to 12,776, health ministry official Achmad Yurianto told reporters on Thursday, Trend reports with reference to Reuters. Thirty-five more people who tested positive for the virus have died, taking the total number of deaths to 930, the highest death toll in East Asia outside China. As of Thursday,

6.7 Magnitude Quake Strikes Off Eastern Indonesia, No Tsunami Alert Issued

An earthquake of 6.7 magnitude, jolted Indonesia’s eastern Maluku province on Wednesday evening (last night), but there was no potential for tsunami, the Meteorology, Climatological and Geophysics Agency said. The quake was initially reported at 7.3 magnitude, said Rudi Teguh, an official from the Agency. The quake struck at 8:53 p.m. Jakarta time (1353 GMT),