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American Assets Trust, Inc. Reports Fourth Quarter and Year-End 2020 Financial Results and .
American Assets Trust, Inc.February 9, 2021 GMT
Net income available to common stockholders of $2.9 million and $27.7 million for the three months and year ended December 31, 2020, respectively, or $0.05 and $0.46 per diluted share, respectively
Funds From Operations per diluted share decreased 27% and 14% year-over-year for the three months and year ended December 31, 2020, respectively, or $0.41 and $1.89 per diluted share, respectively
Collected 92% to date of rents that were due during the fourth quarter of 2020
SAN DIEGO, Feb. 09, 2021 (GLOBE NEWSWIRE) American Assets Trust, Inc. (NYSE: AAT) (the “company”) today reported financial results for its fourth quarter and year ended December 31, 2020.
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Brilliant Under Pressure: Global Diamond Market Shows Resilience In An Unprecedented Year
February 8, 2021 GMT
(PRNewsfoto/Bain & Company)
MOSCOW, Feb. 8, 2021 /PRNewswire/ While the diamond industry suffered during the Covid-19 crisis, it still managed to keep its sparkle. Lockdowns, travel restrictions and economic uncertainty pushed diamond jewelry sales down by 15 percent in 2020 with most of the decline happening in the first and second quarters. But faced with store closures, diamond retail sales pivoted online, and benefited from consumers who could not spend on travel or experiences choosing diamond jewelry instead. Demand returned during the fourth quarter, culminating in a strong holiday season across the globe.
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Clikia Corp Nears Significant Investment Stake in Lab-Grown Diamond Space
Clikia Corp.January 27, 2021 GMT
FORT LEE, NJ, Jan. 27, 2021 (GLOBE NEWSWIRE) via NewMediaWire Clikia Corp. (OTC:CLKA) (“Clikia” or the “Company”), an emerging leader in the global custom luxury goods marketplace, is excited to announce that the Company is in final-stage negotiations toward cementing an investment stake in a prominent lab-grown diamond operation with significant traction and leading industry positioning.
“We have already been working toward strong interest in the chemical vapor deposition lab-grown diamonds space, and a new avenue has arisen that will allow us to gain exposure in a prime opportunity relatively quickly, which lines up with our strategic vision,” stated Anil Idnani, CEO of Clikia.
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McGill University and Alimentation Couche-Tard launch unique laboratory store to propel retail industry and customers into the future
January 14, 2021 GMT
Partnering with Alimentation Couche-Tard Inc., the new retail innovation lab at McGill’s Bensadoun School of Retail Management will enable ground-breaking research and test innovations, including frictionless technologies
MONTREAL, Jan. 14, 2021 /PRNewswire/ - McGill University and Alimentation Couche-Tard Inc. announce their partnership in the launch of a retail innovation lab at the Bensadoun School of Retail Management a live testing ground for innovative and frictionless technologies that address the retail sector’s challenges of the future. In a joint effort to transform customer experience at a critical time for retailers, a world-class university and a global retailer are coming together to create one of North America’s firs
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Birks Group Presents Its FY2021 Holiday Period Sales Results
January 14, 2021 GMT
MONTREAL (BUSINESS WIRE) Jan 14, 2021
Birks Group Inc. (the “Company” or “Birks Group”) (NYSE American: BGI), today reported its sales results for the interim holiday sales period from November 1, 2020 through December 26, 2020 (the “FY2021 Holiday Period”).
For the FY2021 Holiday Period, net sales were 0.2% lower than last year, primarily due to a 1.8% decrease in comparable store sales, driven by temporary store closures due to COVID-19 restrictions in certain regions in Canada. As a result of various provincial health restrictions, seven of the Company’s 29 retail locations, including its flagship Bloor Street store in Toronto, were temporarily closed for in-person shopping for the majority of the holiday season. When excluding the seven stores that were temporarily closed for in-person s