Business

Edited Transcript of LEHN.S earnings conference call or presentation 19-May-20 8:00am GMT

Plan-les-Ouates Jun 27, 2020 (Thomson StreetEvents) — Edited Transcript of Lem Holding SA earnings conference call or presentation Tuesday, May 19, 2020 at 8:00:00am GMT

* Marc E. Possa

Ladies and gentlemen, welcome to the full year results 2019/’20 conference call and live webcast. I am Shai, the Chorus Call operator. (Operator Instructions) The conference is being recorded. (Operator Instructions) The conference must not be recorded for publication or broadcast.

At this time, it’s my pleasure to hand over to Frank Rehfeld, CEO of LEM Holding. Please go ahead.

Good morning, ladies and gentlemen. Thank you for joining us on this webcast where we would like to review with you the full year results presentation of our financial year ’19/’20. My name is Frank Rehfeld. I’m the CEO of LEM. And I’m together here with Andrea Borla, our CFO; and Andreas Hürlimann, the Chairman of our Board.

For those who … Read More

As Big Deals Make the Rounds at the Cannes Market, a Pandemic Era of Dealmaking Takes Shape

Click here to read the full article.

When this year’s Cannes market migrated online, some worried that it might have a negative impact on the business. As it turns out, it’s a lot easier to close international pre-sales when jumping from meeting to meeting means logging into various Zoom rooms, rather than squeezing through throngs of people on the Croisette. Agents and buyers say that while nothing can compare to in-person meetings at Cannes, this week’s virtual markets were productive and offered a blueprint for pandemic-era dealmaking.

In fact, if the Cannes markets are any indication, buyers are hungry for big deals, despite the uncertainty that surrounds whether audiences are comfortable returning to theaters.

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While the the country’s three largest circuits all plan to reopen all their locations in July, Warner Bros. this week pushed back for a second time the summer’s highest-profile film, Christopher Nolan’s “Tenet,”

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A Farm Goes Online, In Ridgefield

RIDGEFIELD, CT — Much has been made of how the coronavirus lockdown permanently shuttered many restaurants, and is greatly diminishing the revenue prospects of those that have reopened. There’s been less conversation about what that meant for those one level up on the food chain, the farmers who sell the food to the restaurants.

Pre-pandemic, Horseshoe Farm, a 14-acre sustainable farm in Ridgefield, sold 80 percent of its harvest to local restaurants. When the owner, “Farmer Pete” Campbell, saw those kitchen lights flicker and go out, he knew his business would have to pivot to stay afloat.

With restaurants no longer ringing his phone, Campbell decided to focus on his retail operation. During its five years in business, Horseshoe had always run a modest farm stand on weekends. But although the state allowed him to keep that “essential” food business open, getting enough COVID-skittish customers in to browse through each

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Robert Half’s Protiviti Unveils Business Resilience Tool

Robert Half International Inc.‘s RHI subsidiary Protiviti announced yesterday that it has launched a complimentary assessment tool aimed at enabling companies address coronavirus-associated business disruptions and related workforce re-entry and business transformation challenges.

Known as the Navigating Business Resilience tool, it helps businesses fast-recognize and prioritize their problem areas and threats, and suggests a set of best-suited tools and processes.

The online tool carries out assessment by developing a heat map of critical pain points that an organization faces, enabling visual mapping of issues and prioritizing attention areas through an interactive dashboard. Upon completion of this assessment, businesses receive a custom online report consisting of delivery timelines and approaches, a full view of the organization, priorities to be worked on immediately, and an overview of best-suited Protiviti tools. The report can be saved and referred to any time.

According to Patrick Scott, executive vice president, Industry Programs, Protiviti, “We

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The online lesson plan marketplace boomed when the pandemic hit

The online lesson plan marketplace boomed when the pandemic hit
The online lesson plan marketplace boomed when the pandemic hit

The coronavirus pandemic has upended life as we know it, mandating we sequester ourselves to slow the spread of a potentially deadly illness that has killed hundreds of thousands of people globally.

That reality presents a whole host of complications to everyday life. One major issue: How do we educate our kids?

The initial spike in COVID-19 cases this spring forced nearly all classes to move online. Parents had to pivot overnight to being educators for their kids. Teachers had to make dramatic shifts in how they do things. That reality left folks across the country scrambling for resources.

A surge of new customers soon flooded the online lesson plan market. A lesson plan market is exactly what it sounds like: think Etsy or Amazon but for school resources. (TPT) is the most popular such site — a place where

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How Vermont farm turned being a good neighbor into good business

When the COVID-19 pandemic hit Vermont in mid-March, pastry chef Thomas McCurdy spent a week or two feeling confused and “out of sorts,” as he puts it, jarred by the economic impact on his business and his community. But that didn’t last.

“I woke up one day and said, ‘OK, that’s enough of that. Time to get to work,’” he says. That’s when Mr. McCurdy and his husband, Bailey Hale, who own a bakery and flower farm in Irasburg, Vermont, hatched the idea for Kingdom Direct.

Launched at the beginning of April from their premises at Ardelia Farm & Co., Kingdom Direct offers weekly home delivery of ready-cooked meals and fresh local foods to customers in the Northeast Kingdom region around Irasburg, a picturesque village 25 miles south of the Quebec border.

The online service was partly inspired by the need to do something to keep their business afloat during

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Stocks make modest recovery despite virus worries

European stocks made modest gains Thursday, one day after a brutal selloff, but US indices struggled on continued worries about a resurgence of coronavirus and mounting job losses in the US.

Oil also recovered some of Wednesday’s five percent tumble on increasing infections stoking demand worries, just as the latest data showed a big jump in US stockpiles for a third week.

Asia extended losses after heavy overnight falls on Wall Street, amid holiday closures in Hong Kong and Shanghai.

There were hefty losses in New York and across Europe on Wednesday on heightened fears of a second wave of the deadly COVID-19 outbreak.

“Stock markets have edged up today after Wednesday’s falls, but there is still a lingering sense of caution over the signs of rising infection rates in the US,” said Chris Beauchamp, chief market analyst at online trading firm IG.

European markets held onto their gains until

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In-person classes, online learning or a mix? Reopening schools will bring new struggles

With the next academic year less than three months away, and no end in sight to the coronavirus pandemic, school districts face a daunting decision: Reopen the schools they shuttered, or continue to teach students remotely?

Educators across the United States are weighing their options, taking into account the quality of the education they can offer, the need for children to socialize and keeping safety in mind above all else.

So far, a hybrid model that combines some in-person learning and some remote learning has emerged as the most popular proposal for the fall, according to Dan Domenech, the executive director of AASA, The School Superintendents Association, an advocacy organization for the 14,000 superintendents in the U.S.

That could mean a school has as little as 25 percent of its normal capacity in the building at once, which would give students more space for social distancing in their classrooms and

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Illegal lockdown parties hosted in online rentals

Lockdown parties hosted in properties booked via online sites, including Airbnb and Booking.com, are putting “communities at risk”, the Bed and Breakfast Association has said.

Hosts and residents have complained of groups of up to 30 breaking social-distancing rules and taking drugs.

BBC News has been told of several such parties in the past month.

Airbnb has suggested it has gone further than its rivals to protect public health during the pandemic.

However, last week a man was stabbed at a party in a south London property police believe had been rented out via the platform.

‘Take responsibility’

Following a previous BBC News investigation into “coronavirus retreats”, Airbnb had told users they could make bookings if they were key workers or required “essential stays” only.

But that restriction is to be lifted, in line with local rules on hotels and self-catering accommodation, in:

Rival platform Booking.com does not currently flag

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Tour Business Viator Opts for Quality Over Quantity With the Land Grab Ending

Founded 25 years ago, tours and activities business Viator’s initial tactic was to emphasize a curated selection of top experiences in each destination, but Tripadvisor reversed that strategy three months later after acquiring the company in 2014.

At that juncture in November 2014, Tripadvisor decided that quantity would be the way forward as that was a push that some of its rivals were making.

But now, with some 395,000 tour products in the fold, there’s a new pivot.

In a move announced Tuesday and reported by Arival, Viator introduced new product quality standards that would give more exposure to excellent tours and activities, and penalize and even delist others that it finds to be subpar.

In an open letter to operators from president Ben Drew, Viator detailed product quality standards that differentiate “excellent” vendors from merely “good” ones. For example, an excellent tour operator might have at least six quality

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