a person sitting at a table in front of a computer: MailOnline logo

© Provided by This Is Money
MailOnline logo

In times of crisis, companies and management tend to be judged by metrics other than the normal key performance indicators.

A case in point is Quixant, which makes hardware, software and display technologies used predominantly by the gaming, broadcast and healthcare sectors.

Its recent interims, hailed by ‘house’ broker, finnCap, as ‘beating the odds’, revealed how management, led by Jon Jayal, was able to navigate some potentially treacherous markets as coronavirus began its deadly global spread in early 2020.

What stood out was not the modest loss, but Quixant’s ability to manage its financial reserves, which were $17.4million as at September 28, 2020, up from just over $16million at the end of last year. It also has $12.4million of undrawn borrowing facilities.

a person sitting at a desk in front of a store: Revenues for the gaming operation halved as casinos from Macau to Vegas shuttered

© Provided by This Is Money
Revenues for the gaming operation halved as casinos from Macau to Vegas shuttered


Read More

CAMBRIDGE — Letter carrier Bob Tremarche, a 38-year veteran of the US Postal Service, said he’s recently found himself trying to reassure people on his route through East Cambridge.

They’ve been worried, he said. Will their mail-in ballots get to the city on time? Will their medication be delivered quickly?

And amid a national conversation about the postal service, Tremarche said he and other letter carriers have their own concerns about the funding and support of their agency. So on Sunday morning, a few dozen letter carriers, union officials, and supporters stood in front of the ornate Post Office building near Central Square in Cambridge to rally for postal workers.

“We thought we need our voices to be heard,” Tremarche said. “We appreciate all the protests and rallies that have gone on around the country. But most of us here are postal employees who are working here in Cambridge, and

Read More