|Bid||12.76 x 2900|
|Ask||13.01 x 900|
|Day's Range||12.74 - 12.81|
|52 Week Range||10.90 - 13.16|
|Beta (3Y Monthly)||0.10|
|PE Ratio (TTM)||20.75|
|Forward Dividend & Yield||0.51 (4.03%)|
|1y Target Est||N/A|
Reference is made to a press release from 30 June regarding Eimskip‘s claim that the Icelandic Competition Authority‘s (ICA) investigation is illegal and should be ceased. Eimskip’s claims in this case are twofold: Firstly that ICA’s investigation in its entirety is deemed illegal and should be ceased. ICA demanded that the district court would dismiss Eimskip’s claims.
Reference is made to a press release from 19 May regarding the claim of the former CEO, Gylfi Sigfússon, that the investigation of the District Prosecutor should be ceased. Today Reykjavik District Court ruled on the dismissal claim of the prosecutor in this case. Gylfi will refer this ruling to the Court of Appeal.
BOSTON, Oct. 2, 2019 /PRNewswire/ -- Eaton Vance Municipal Bond Fund (NYSE American: EIM) (the "Fund") announced today that it will conduct a tender offer for up to 5% of its outstanding common shares at a price per share equal to 98% of the Fund's net asset value ("NAV") per share as of the close of regular trading on the New York Stock Exchange (NYSE) on the date the tender offer expires. On June 3, 2019, the Fund announced that it would conduct the tender offer if, during a 120-day period that commenced on June 4, 2019 and ended on October 1, 2019, the Fund's common shares trade at an average discount to NAV of more than 6% (based upon the average of the difference between its volume-weighted average market price and NAV each business day during the period). This condition was met. The Fund will commence the tender offer on or about November 14, 2019.
BOSTON , Oct. 1, 2019 /PRNewswire/ -- The following Eaton Vance closed-end funds (the "Funds") announced distributions today as detailed below. Declaration – 10/1/2019 Ex-Date – 10/10/2019 ...
Eimskip is building two 2150 TEU container vessels, Bruarfoss and Dettifoss, in China. The construction of the first vessel, Bruarfoss, is well under way and sea trial was scheduled next week. During preparation for the sea trial a technical incident occurred which will delay the delivery of that vessel, as the shaft generator was damaged during testing.
Reference is made to a press release from last 15 March following a ruling of the Internal Revenue Board. There it was stated that Eimskip, as a shipping operator in.
Eimskip will by mid-October change the Company’s container sailing system to increase service level and lower fixed operating cost. The changes are an important milestone in the Company’s journey to improve profitability and strengthen its core operation. Furthermore, the changes pave the way for the Royal Arctic Line (RAL) cooperation scheduled to commence in Q1 2020.
Icelandic Competition Appeals Committee confirmed today the decision of the Icelandic Competition Authority from 17 April 2019, where the cooperation of Eimskip and Royal Arctic.
Transported volume in liner services decreased by 4.8% affected by lower level of import to Iceland and a decline in export at the end of the quarter. EBITDA amounted to EUR 18.5 million in the second quarter of 2019 or EUR 13.2 million (excluding IFRS 16) compared to EUR 14.9 million in the same quarter last year, a decrease of 11.8%. Net earnings for the Q2 2019 amounted to EUR 2.7 million, compared to 4.6 million in the same quarter of 2018.
Investor meeting on 30 August 2019 Eimskipafélag Íslands hf. will publish its second quarter 2019 results after market closing on Thursday 29 August 2019. Eimskip invites.
Today Eimskip received a letter from the Supreme Court of Iceland notifying that the company´s application for the right of appeal of the Court of Appeal case from 21 July 2019 no. 416/2018: Eimskipafélag Íslands hf. The right of appeal is granted as the Supreme Court deems that this case can create a precedent.
The trade is in accordance with Eimskip‘s buy-back program as published on Nasdaq Iceland on 10 June 2019. The repurchase according to the share buy-back program is completed. Eimskip held 2,989,191 own shares prior to the notified transactions, or the equivalent of 1,60% of issued shares in the company, and holds 3,038,079 after them, or the equivalent of 1,62% of issued shares in the company.
In week 30 2019 Eimskip purchased 249,112 of its own shares, at a purchase price of ISK 44,782,187 as further stipulated below: DateTimeNo. of sharesShare price (rate)Purchase.
Eimskip’s Board of Directors decided today to file a court case based on Article 102 of the Icelandic criminal procedure act, claiming that the investigation conducted by the Icelandic Competition Authority on the Company and its subsidiaries, which has been ongoing for nearly a decade, is ceased. Eimskip will file this case at the District Court of Reykjavík tomorrow 1 July 2019. Eimskip’s arguments are among other things based on the fact that the investigation of the Icelandic Competition Authority was formally cancelled in June 2015.
The Board of Directors of Eimskip decided today to apply for a right of appeal to the Icelandic Supreme Court for the Landsréttur case of 21 June. It is Eimskip's opinion that this case can create a precedent and therefore the company applies for a right to appeal.
Landsréttur) rendered a judgment in the case of Eimskipafélag Íslands hf. The background of the case is that the Financial Supervisory Authority made a decision in March 2017 that Eimskipafélag Íslands hf. 122.1 of the Securities Act no. 108/2007 by not disclosing inside information which the Financial Supervisory Authority claimed that had been formed in a draft of the 2016 first quarter results.