Day: March 19, 2020
This is an emergency move to help the economy to stay on track even experiencing economic slowdown because of the coronavirus (COVID – 19) fears. The slash comes right on the heels of an emergency meeting with finance ministers and central bankers of the G-7 countries this Tuesday morning. After the meeting, G-7 then announce its step on helping out the economy to survive downturn.
The statement reads as follows:
“The fundamentals of the U.S. economy remain strong. However, the coronavirus poses evolving risks to economic activity. In light of these risks and in support of achieving its maximum employment and price stability goals, the Federal Open Market Committee decided today to lower the target range for the federal funds rate by 1/2 percentage point, to 1 to 1 1/4 percent. The Committee is closely monitoring developments and...
Investam-HK: Coronavirus Effect: US Stock market worst fall since 1987
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As the Government all over the world battles with an invincible enemy known as ‘coronavirus or Covid–19’… as the panic and fear grow bigger than smaller because of its pandemic effect, Global stock markets continues to plunge even with the help of their countries government to solve and ease the headwinds events on the economy.
Right after U.S. President Donald Trump said in an interview that the economy may be heading for a recession; The Dow Jones index closed 12.9%.
Just last Sunday, the U.S. Federal Reserve cut once more its interest rates to a near zero percent and they are also introducing a massive program where it would buy Treasury debt and mortgage-backed securities at a rate of $500 billion and $200 billion respectively.
According to them this move is to help mitigate the U.S. Economy by ensuring money markets operate smoothly.European...
Harte Hanks’ ADT VR campaign wins four ECHO awards
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PHILADELPHIA, March 19, 2020 (GLOBE NEWSWIRE) — Harte Hanks (NYSE: HHS), a leader in developing customer experiences and behavioral marketing, won four ANA International ECHO Awards for its breakthrough virtual reality (VR) campaign developed for ADT Security.One of the four ECHO wins was the highly coveted Golden Mailbox Award, which distinguishes one campaign as being the most-innovative use of the mail medium.“It’s an honor to be recognized among the world’s best data inspired direct marketing campaigns,” states Keith Sedlak, Harte Hanks’ Chief Growth Officer. “It’s another example for how Harte Hanks is raising the bar on how to leverage data to inspire innovative creative thinking in this omni-channel world we live in.”In addition to the Golden Mailbox distinction, the campaign received ECHO Awards in the Best Use of Emerging...
Væsentlig investorinformation – Kapitalforeningen Blue Strait Capital
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København Ø, March 19, 2020 (GLOBE NEWSWIRE) —Opdateret væsentlig investorinformation for afdelingen i Kapitalforeningen Blue Strait Capital offentliggøres dags dato.I den væsentlige investorinformation er risikoklassen ændret fra 5 til 6.Dokumentet kan downloades fra www.bluestraitcapital.dk eller rekvireres ved henvendelse til BI Management A/S, Sundkrogsgade 7, 2100 København Ø, tlf. 77 30 90 00.
BOQI International Medical Completes Acquisition of Chongqing Guanzan Technology
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New York, March 19, 2020 (GLOBE NEWSWIRE) — BOQI International Medical Inc. (NASDAQ: BIMI) (“BIMI” or the “Company”) today announced that it has completed the acquisition of Chongqing Guanzan Technology Co., Ltd. (“Chongqing Guanzan”).Chongqing Guanzan is a medical distributor with distribution channels covering over 4,000 pharmacies, over 4,000 clinics, 50 hospitals and 130 pharmaceutical companies nationwide. Chongqing Guanzan also has about ten world-leading medical device suppliers such as Stryker, GE, Siemens, Philips and Olympus. Recent important business updates of Chongqing Guanzan related to COVID-19 treatment include:On March 2, 2020, Chongqing Guanzan was authorized as the distributor of Jilin Morestep Medical’s disposable protective coverall in Chongqing. On February 1, 2020, Chongqing Guanzan was authorized as the distributor...
Agritek Holdings, Inc. Announces Completion of Acquisition of Cannabis Brand IP Company Full Spectrum Biosciences Inc. as Wholly Owned Subsidiary Including New RehabRx CBG Infused Hand Sanitizer Product Line
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LOS ANGELES, CA, March 19, 2020 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE – Agritek Holdings, Inc. (AGTK) www.AgritekHoldings.com, a fully integrated, active real estate investor and white label provide for popular hemp brands, today announced that the Company has completed the acquisition and definitive agreement to acquire all of the issued and outstanding shares of Full Spectrum Biosciences Inc., a Colorado based company focused on blockchain, genetic mapping of cannabis strains and IP formulation of premium brands.The closing of the acquisition and definitive agreement between Agritek Holdings and Full Spectrum Biosciences included an all-equity transaction of 10M shares of Agritek Holdings for acquiring 100% of the issued and outstanding shares of Full Spectrum Biosciences Inc. including Intellectual property assets, Colorado hemp...
Conversion Labs Launches SOSRx Disaster Pack: Essential Prescription Medications for Disaster Scenarios Delivered via Telehealth
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NEW YORK, March 19, 2020 (GLOBE NEWSWIRE) — Conversion Labs, Inc. (OTCQB: CVLB), a direct-to-consumer telemedicine and wellness company, has officially launched its long-awaited new telemedicine brand, SOSRx.SOSRx is designed to deliver specially formulated combinations of prescription medication and over-the-counter supplies for use in disaster scenarios or times of emergency.The first product in the SOSRx lineup was launched today: the SOSRx Disaster Pack™, a ‘Grab & Go’ portable kit that includes life-saving treatments and protections against flu epidemics, bacterial outbreaks, bioterrorism and radiation exposure.“We know how scary and deadly disasters can be, so we looked at the deadliest disasters that took place over the last two decades and consulted experts to figure out the medications that would have had the most...
Weyland Tech Provides Corporate Update
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NEW YORK, March 19, 2020 (GLOBE NEWSWIRE) — Weyland Tech, Inc. (OTCQX: WEYL) (OTCQX: WEYLD), a leading global provider of mCommerce platform-as-a-service (PaaS), eCommerce managed services and fintech solutions, has provided a corporate update.“Given the subscription-based model of our flagship CreateApp mCommerce platform and the benefits of digital customer interaction continuing to drive activity, we see limited impact on our core business from COVID-19,” commented Weyland Tech CEO, Brent Suen. “We’ve had recent minimal effect on productivity and customer service. To be sure, it remains a fluid situation, and we will continue to closely monitor developments and adjust accordingly.”In January, Weyland completed the acquisition of the Minneapolis-based eCommerce technology company, Push Interactive, which provides an eCommerce...
Celsion Corporation to Hold Year-End 2019 Financial Results Conference Call on Thursday, March 26, 2020
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Company to Provide Update on its Phase III OPTIMA Study in Primary Liver Cancer and its Phase I/II OVATION 2 Study in Ovarian CancerLAWRENCEVILLE, N.J., March 19, 2020 (GLOBE NEWSWIRE) — Celsion Corporation (NASDAQ: CLSN) announced today that the Company will host a conference call to discuss financial results for the year ended December 31, 2019 and provide an update on its development programs for ThermoDox®, its proprietary heat-activated liposomal encapsulation of doxorubicin and GEN-1, an IL-12 DNA plasmid vector formulated into a nanoparticle with a non-viral delivery system at 11:00 a.m. EDT on Thursday, March 26, 2020.To participate in the call, interested parties may dial 1-800-367-2403 (Toll-Free/North America) or 1-334-777-6978 (International/Toll) and ask for the Celsion Corporation Fourth Quarter and Year-End 2019...
Genasys™ Inc. Releases COVID-19 Interactive Map Layer Service
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SAN DIEGO, March 19, 2020 (GLOBE NEWSWIRE) — Genasys Inc. (NASDAQ: GNSS), a global provider of critical communications solutions, today released an interactive map layer service for daily monitoring of Coronavirus – COVID-19 cases. The Company-created Web Map Service (WMS) feature displays daily spatial data from Johns Hopkins University. The data from reporting countries, which includes U.S. states and territories, tracks confirmed cases and other information.“As a global provider of critical communications solutions, Genasys is strongly committed to providing information to help keep people safe during emergencies and crisis situations,” said Richard Danforth, Chief Executive Officer, Genasys Inc. “We are providing free use of our WMS feature to keep people informed and assist businesses with decisions regarding employee safety....