|Bid||19.91 x 900|
|Ask||20.84 x 800|
|Day's Range||19.75 - 19.92|
|52 Week Range||13.54 - 20.91|
|Beta (5Y Monthly)||0.60|
|PE Ratio (TTM)||10.60|
|Forward Dividend & Yield||0.95 (4.81%)|
|Ex-Dividend Date||Dec 10, 2020|
|1y Target Est||38.95|
Some investors rely on dividends for growing their wealth, and if you're one of those dividend sleuths, you might be...
VANCOUVER, British Columbia, Dec. 03, 2020 (GLOBE NEWSWIRE) -- Loop Insights Inc. (MTRX:TSXV; RACMF:OTCBQ) (the "Company" or "Loop"), a provider of contactless solutions and artificial intelligence ("AI") to drive real-time insights, enhanced customer engagement, and automated venue tracing to the brick and mortar space, is pleased to announce the launch of a second product into the Telus IoT Marketplace (T:TSX; TU:NYSE), which will serve to significantly expand Loop's sales distribution channels on a national scale. On October 15th, Loop announced the significant milestone of having been accepted into the TELUS IoT Marketplace. The Company's first product accepted into the IoT Marketplace was our venue tracing service, which has received significant exposure to many of TELUS's largest customers and significant ongoing discussions with them. The third-party validation that came with this acceptance has been instrumental in Loop's venue tracing discussions with large corporate customers worldwide.LOOP'S SECOND PRODUCT IS ITS INSIGHTS SERVICE AND ARTIFICIAL INTELLIGENCE INSIGHTS PORTAL USED IN PILOT ACROSS 3 TELUS FLAGSHIP RETAIL LOCATIONSOn September 17th, Loop announced an agreement with TELUS to conduct a 90-day proof of concept pilot across TELUS's three flagship corporate retail locations in British Columbia. TELUS deployed Loop's Insights service, which consists of our IoT Fobi device, Loop Cloud API, and AI Insights Portal to test and leverage its automated marketing capabilities. Connected between the printer and point of sale, Loop's Fobi device's real-time capabilities are driven by Artificial Intelligence to enhance the shopping experience. Providing data-driven product suggestions and unique discount codes for future use, Loop enables TELUS's customers to increase revenues through increased spend per customer.The first goal of the Pilot, assuming a successful completion, was for Loop to achieve exponential scale through a channel reseller distribution partnership for our Insights service with TELUS, which has now been achieved. This acceptance into the TELUS IoT Marketplace provides Loop with national sales and marketing exposure to TELUS business customers. As a result of this announcement, TELUS will generate creditable third-party validation and credibility for our go-to-market strategy. Loop Insights CEO Rob Anson stated, "To be recognized by TELUS for our now second IoT product designation into their IoT Marketplace is of huge significance given the fact they are clearly one of the most advanced IoT solutions providers in the world. Their sales and marketing support will be invaluable in commercializing and distributing our technology to TELUS customers across Canada, as will their third party validation by providing us with even greater strength when speaking to potential IoT customers around the world."Andrew Turner, TELUS VP Strategic Operations stated, "At TELUS, we are always looking to deliver leading IoT solutions to our valued business customers. It is excellent to see early-stage Canadian companies such as Loop Insights succeeding. After first successfully launching Loops venue tracing and management service on the TELUS IoT Marketplace, we are excited to deliver their Insights service. Now with two Loop services on our TELUS IoT Marketplace, we are eager to see where we evolve from here."TELUS launched the TELUS IoT Marketplace to help Canadian businesses accelerate the adoption of Internet of Things (IoT) tech. The marketplace is designed to allow businesses to quickly deploy IoT solutions while acting as a lead generation and sales channel for developers. TELUS has also committed its sales and marketing teams to provide support.Loop takes the guesswork out of decision making with its Insights service. Businesses receive real-time updates on how their company is performing online, on-premise, and between properties. Loop enables access to 100% of every transaction providing real-time insights and analytics, micro and macro buying trends, AI forecasting and modeling, third-party data integration, and inventory / supply chain management all with its plug-and-play setup that requires no IT integration. With Loop, businesses improve their operations, inventory management, and marketing because Loop's ability to connect multiple data points brings value to data.The second goal of the Pilot is a rollout of our Insights service to all TELUS corporate stores. Loop will provide an update on this when it becomes available.On November 4th, Loop announced the successful completion of a 20 location pilot with a leading US-based retailer, resulting in a rollout to 550 locations.CANADIAN IoT MARKET TO HIT $21.8 BILLION BY 2023 The importance of this TELUS IoT Marketplace distribution channel to Loop is critical and timely, given the growth of IoT in Canada over just the next couple of years. IoT Investment in Canada alone is growing exponentially, which will require companies and organizations to make fast decisions with respect to solutions. Our TELUS recognition and acceptance will make it much easier for those decision-makers to chose Loop.Nigel Wallis, Vice President, Internet of Things and Industries at IDC Canada stated, "In Canada alone, IDC anticipates that the total IoT market will grow To $21.8 billion in 2023. While organizations are investing in hardware, software, and services to support their IoT initiatives, their next challenge is finding solutions that help them manage, process, and analyze the data being generated from all these connected things." SOURCE: https://www.idc.com/getdoc.jsp?containerId=CA43807919This Press Release Is Available On The Loop Insights Verified Forum On AGORACOM For Shareholder Discussion And Management Engagement https://agoracom.com/ir/LoopInsights/forums/discussionAbout TELUSTELUS (TSX: T, NYSE: TU) is a dynamic, world-leading communications and information technology company with $14.6 billion in annual revenue and 14.2 million customer connections spanning wireless, data, IP, voice, television, entertainment, video, and security. We leverage our global-leading technology to enable remarkable human outcomes. Our longstanding commitment to putting our customers first fuels every aspect of our business, making us a distinct leader in customer service excellence and loyalty. TELUS Health is Canada's largest healthcare IT provider, and TELUS International delivers the most innovative business process solutions to some of the world’s most established brands.Driven by our passionate social purpose to connect all Canadians for good, our deeply meaningful and enduring philosophy to give where we live has inspired our team members and retirees to contribute more than $700 million and 1.3 million days of service since 2000. This unprecedented generosity and unparalleled volunteerism have made TELUS the most giving company in the world.About Loop InsightsLoop Insights Inc. is a Vancouver-based Internet of Things (“IoT”) technology company that delivers transformative artificial intelligence (“AI”) automated marketing, contact tracing, and contactless solutions to the brick and mortar space. Its unique IoT device, Fobi, enables data connectivity across online and on-premise platforms to provide real-time, detailed insights and automated, personalized engagement. Its ability to integrate seamlessly into existing infrastructure, and customize campaigns according to each vertical, creates a highly scalable solution for its prospective global clients that span industries. Loop Insights operates in the telecom, casino gaming, sports and entertainment, hospitality, and retail industries, in Canada, the US, the UK, Latin America, Australia, Japan, and Indonesia. Loop’s products and services are backed by Amazon’s Partner Network. For more information, please contact: Loop Insights Inc.LOOP Website: www.loopinsights.ai Rob Anson, CEOFacebook: @LoopInsights T: +1 877-754-5336 Ext. 4Twitter: @LoopInsights E: firstname.lastname@example.orgLinkedIn: @LoopInsights Forward-Looking Statements/Information: This news release contains certain statements which constitute forward-looking statements or information. Such forward-looking statements are subject to numerous risks and uncertainties, some of which are beyond Loop’s control, including the impact of general economic conditions, industry conditions, and competition from other industry participants, stock market volatility and the ability to access sufficient capital from internal and external sources. Although Loop believes that the expectations in its forward-looking statements are reasonable, they are based on factors and assumptions concerning future events which may prove to be inaccurate. Those factors and assumptions are based upon currently available information. Such forward-looking statements are subject to known and unknown risks, uncertainties and other factors that could influence actual results or events and cause actual results or events to differ materially from those stated, anticipated or implied in the forward-looking statements. As such, readers are cautioned not to place undue reliance on the forward-looking statements, as no assurance can be provided as to future results, levels of activity or achievements. The forward-looking statements contained in this news release are made as of the date of this news release and, except as required by applicable law, Loop does not undertake any obligation to publicly update or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise. The forward-looking statements contained in this document are expressly qualified by this cautionary statement. Trading in the securities of Loop should be considered highly speculative. There can be no assurance that Loop will be able to achieve all or any of its proposed objectives. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
TELUS recognized as only telco in the world in Wall Street Journal’s latest ranking for its leadership in social capitalism Throughout 2020, TELUS has contributed $150 million for COVID-19 relief, expanded its Connecting for Good programs to help millions of vulnerable citizens and launched two new business units focused on driving positive economic and social outcomes for all CanadiansVANCOUVER, British Columbia, Dec. 01, 2020 (GLOBE NEWSWIRE) -- In celebration of Giving Tuesday, TELUS thanks its team members worldwide for their incredible dedication to helping progress TELUS’ global leadership in social capitalism during a year of uncertainty and unique challenges. As a result of the TELUS team’s unwavering resilience and commitment to making a meaningful impact in our communities, TELUS is proud to announce that it has been recognized by the Wall Street Journal as the only telecommunications company in world named to its Top 100 Most Sustainably Managed Companies, ranking 29th overall and 15th in Social Capital. This worldwide recognition reinforces TELUS’ global leadership in corporate citizenship and philanthropy, environmental, and business innovation.“Our TELUS team continues to demonstrate that when things are at their worst, the TELUS team is at its best. When Canadians needed support the most, we responded with passion and purpose to protect and support our communities and our customers. Indeed, our TELUS team is guided by our longstanding belief that doing well in business and doing good in our communities are mutually inclusive.” said Darren Entwistle, President and CEO, TELUS. “Our team is extremely proud to be the only telecommunications company in the world and one of just three Canadian companies named to the Wall Street Journal’s global Most Sustainably Managed Companies list. This acknowledgement of our leadership in social capitalism further exemplifies our collective commitment to improving the social, economic, environmental and health outcomes of our fellow citizens and building stronger, healthier and more sustainable communities, globally.”TELUS’ global leadership in social capitalism is the direct result of it’s long-standing commitment to leveraging its technology to create remarkable human outcomes. Since 2000, the TELUS team has contributed $1.3 billion in value, time, and financial support to Canadian charities and grassroots organizations including $736 million and 1.4 million days of volunteerism. Each year, TELUS team members and retirees volunteer one million hours in their local communities and support over 4,000 charities. In addition, over the last decade, the company has reduced greenhouse gas (GHG) emissions by 31 per cent and energy consumption by more than 15 per cent, and has committed to reducing Greenhouse Gas emissions to operational net carbon neutrality by 2030 as part of its world-leading sustainability practices. Together, these efforts and more have contributed to TELUS’ numerous accolades in social capitalism including the Dow Jones Sustainability World Index and Forbes’ World’s Best Employers 2020 ranking.Earlier this year, as Canadians began to feel the impact of the global pandemic, TELUS sprang into action launching a number of initiatives to support Canadians across the country, dedicating more than $150 million to support COVID-19 related initiatives including: * Partnering with school boards to offer high speed Internet at home for only $9.95 per month to families and K-12 students in need; * Keeping Canada’s most vulnerable citizens connected, including seniors in long-term care homes by donating more than 14,000 free mobile devices and rate plans, valued at more than $9 million, to hundreds of organizations across the country; * Extending the TELUS Mobility for Good program nationwide to support young people transitioning from foster care stay connected with access to a free smartphone and fully subsidized plan from TELUS for two years; * Further expanding the TELUS Internet for Good program to the more than 179,000 British Columbians and Albertans living with disabilities, giving them access to $9.95 per month Internet to stay safely connected at home; * Offering adult and youth sized reusable critter masks featuring TELUS’ loveable critters and nature themes on telus.com and in select stores across Canada, exceeding our goal of raising $500,000 for the TELUS Friendly Future Foundation, supporting COVID-19 relief efforts across Canada; * Volunteering nearly 1.2 million hours of service, virtually and safely, to help build stronger, healthier communities by sewing masks and other personal protection items for frontline workers, delivering food and supplies to local food banks and families in-need, donating blood, and conducting phone check-ins for isolated seniors; and * Donating 13,000 backpacks filled with school supplies to Canadian students as part of our Kits for Kids program at the start of the school year in September. In addition to its community and philanthropic investments, TELUS further cemented its leadership in social capitalism with the recent launch of the TELUS Pollinator Fund for Good, a $100 million social impact investment fund created to power the biggest, boldest, bravest ideas in new responsible and sustainable startup businesses. The TELUS Pollinator Fund for Good will be one of the largest corporate impact funds in the world, fueling greater social innovation in Canada through investments in companies that generate both financial and social returns benefiting our society.Furthermore, TELUS announced the launch of TELUS Agriculture, a new business unit dedicated to providing innovative solutions to support the agriculture industry with connected technology. The launch of TELUS Agriculture reflects TELUS’ unwavering commitment to its social purpose to leverage its world-leading technology to protect and improve the global food system.To learn more about TELUS’ social purpose, visit telus.com/givesback, and to learn more about TELUS’ commitment to sustainability, visit telus.com/sustainability.About TELUS TELUS (TSX: T, NYSE: TU) is a dynamic, world-leading communications and information technology company with $15.3 billion in annual revenue and 15.7 million customer connections spanning wireless, data, IP, voice, television, entertainment, video and security. We leverage our global-leading technology to enable remarkable human outcomes. Our longstanding commitment to putting our customers first fuels every aspect of our business, making us a distinct leader in customer service excellence and loyalty. TELUS Health is Canada's largest healthcare IT provider, and TELUS International delivers the most innovative business process solutions to some of the world’s most established brands.Driven by our passionate social purpose to connect all Canadians for good, our deeply meaningful and enduring philosophy to give where we live has inspired our team members and retirees to contribute more than $700 million and 1.3 million days of service since 2000. This unprecedented generosity and unparalleled volunteerism have made TELUS the most giving company in the world.For more information about TELUS, please visit telus.com, follow us @TELUSNews on Twitter and @Darren_Entwistle on Instagram.For more information, please contact: Saara Rahikka TELUS Media Relations email@example.com