Month: March 2020

Volta Finance Limited – Intra-month Trading Update

Written by Customer Service on March 24, 2020. Posted in Public Companies.

Volta Finance Limited (VTA / VTAS) – Intra-month Trading UpdateNOT FOR RELEASE, DISTRIBUTION OR PUBLICATION, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES*****Guernsey, 24 March 2020Intra-month Update on the impact of COVID-19 and market movements on Volta Finance.Effective risk managementFor many years, we have followed restrictions and guidelines to avoid adding further correlated risk to those inherent in the assets held by Volta. As a result, the use of leverage has always been limited.Volta had in place a repurchase agreement that permitted leveraging our CLO BB debt bucket. This repo was $50m one year ago, reduced to $40m in March 2019, reduced again to $35m in December 2019. It was further reduced to $30m early in March and then to $20m, ahead of the greatest falls in asset prices.Based on the current levels of uncertainty,...

Nordic American Tankers Ltd (NYSE: NAT) – Doubling of the dividend in the first quarter 2020

Written by Customer Service on March 24, 2020. Posted in Public Companies.

Hamilton, Bermuda, March 24, 2020 Dear shareholders,On March 17, 2020 we indicated that the dividend for the fourth quarter 2019 could be expected to double in 1Q 2020. The timecharter for our fleet in 1Q 2020 will be about $45,000/day per ship. NAT has 23 suezmaxes. Operating costs are $8,000/day per ship.Herbjørn HanssonChairman & CEOMatters discussed in this press release may constitute forward-looking statements. The Private Securities Litigation Reform Act of 1995 provides safe harbor protections for forward-looking statements in order to encourage companies to provide prospective information about their business. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements, which are other than statements of historical...

LexinFintech Holdings Ltd. Reports Fourth Quarter and Full Year 2019 Unaudited Financial Results

Written by Customer Service on March 24, 2020. Posted in Public Companies.

SHENZHEN, China, March 24, 2020 (GLOBE NEWSWIRE) — LexinFintech Holdings Ltd. (“Lexin” or the “Company”) (NASDAQ: LX), a leading online consumption and consumer finance platform for educated young professionals in China, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2019.Fourth Quarter and Full Year 2019 Operational Highlights:Total loan originations1 in the fourth quarter of 2019 reached RMB42.8 billion, an increase of 104% from RMB21.0 billion in the fourth quarter of 2018. Total loan originations in 2019 reached RMB126 billion, representing an increase of 90.6% from RMB66.1 billion in 2018.Total outstanding principal balance of loans1 reached RMB60.6 billion as of December 31, 2019, representing an increase of 87.0% from RMB32.4 billion as of December 31, 2018.Number of...

2019 results in line with guidance – COVID-19 measures implemented

Written by Customer Service on March 24, 2020. Posted in Public Companies.

Release no. 6/2020Columbus achieved 2019 results in line with guidance even though the US business did not perform satisfactorily. The positive development continued in the first two months of 2020; however, realities have changed and implementation of measures to deal with the COVID-19 situation has Columbus’ full attention for the wellbeing of employees and customers. In 2019, Columbus delivered organic growth of 4% amounting to revenues of DKK 1,932m*. EBITDA grew by 15% adjusted for the IFRS 16 effect (39% without adjustment), and Earnings Before Tax amounted to DKK 49m after write down of goodwill of DKK 90m. Outlook for 2020 and long-term guidance will be released when having a better insight into the impact and temporary market slowdown. Columbus A/S has today published the Annual Report 2019, cf. release no. 5/2020.In 2019, Columbus...

Minutes from the Annual General Meeting of Jyske Realkredit A/S

Written by Customer Service on March 24, 2020. Posted in Public Companies.

NASDAQ Copenhagen A/S 24 March 2020 Announcement no. 34/2020Minutes from the Annual General Meeting of Jyske Realkredit A/SThe Annual General Meeting of Jyske Realkredit A/S was held on 24 March 2020. The directors’ report was taken as read, the annual report for the year ended 31 December 2019 was adopted, and a resolution for the distribution of the net profit for the year was passed.The General Meeting unanimously re-elected Niels Erik Jakobsen, Lars Waalen Sandberg, Per Skovhus and Peter Schleidt to the Supervisory Board.The Annual General meeting approved the proposed remuneration policy.Ernst & Young was elected as auditors of the company.At...

Generalforsamling

Written by Customer Service on March 24, 2020. Posted in Public Companies.

Til NASDAQ Copenhagen A/S 24. marts 2020 Meddelelse nr. 34/2020GeneralforsamlingDen 24. marts 2020 blev der afholdt generalforsamling i Jyske Realkredit A/S. Bestyrelsens beretning blev taget til efterretning, og årsrapporten for 2019 samt forslag til anvendelse af overskud blev godkendt.Generalforsamlingen genvalgte enstemmigt, Niels Erik Jakobsen, Lars Waalen Sandberg, Per Skovhus samt Peter Schleidt til bestyrelsen.Generalforsamlingen godkendte den indstillede vederlagspolitik.Som selskabets revisor blev Ernst & Young valgt.Bestyrelsen har efterfølgende konstitueret sig med Niels Erik Jakobsen som formand og Lars Waalen...

Midlertidig ændring af emissionstillæg og indløsningsfradrag i Værdipapirfonden Sparindex

Written by Customer Service on March 24, 2020. Posted in Public Companies.

ID-Sparinvest, Filial af Sparinvest S.A., Luxembourg har observeret usædvanlig markedsuro for alle afdelinger under Værdipapirfonden Sparindex på grund af udviklingen i situationen med Covid –19 virussen. Det er derfor nødvendigt med et midlertidigt forhøjet emissionstillæg og indløsningsfradrag for afdelingerne i værdipapirfonden.Vedhæftet denne fondsbørsmeddelelse er en oversigt over ændringerne i emissionstillæg og indløsningsfradrag i de pågældende afdelinger.Henvendelser vedrørende nærværende fondsbørsmeddelelse kan rettes til Legal Director Lise Bøgelund, tlf.nr. 36 34 75 00.Med venlig hilsenLise BøgelundVedhæftet fil20200324 Nye emissionstillæg og indløsningsfradrag – Værdipapirfonden Sparindex

Opera introduces Opera News Lite

Written by Customer Service on March 24, 2020. Posted in Public Companies.

OSLO, Norway, March 24, 2020 (GLOBE NEWSWIRE) — Today, Opera (NASDAQ:OPRA) is launching Opera News Lite, a lighter version of the popular Opera News application that offers more news at less data, and is designed for devices with limited data storage capabilities. With a download size of less than one megabyte, Opera News Lite is also a fast download for people on limited mobile networks.“We have developed Opera News Lite as per requests from our users. The app is highly responsive on slow network conditions as it minimizes the use of data and resources. With Opera News Lite, we are making Opera News more accessible to everyone, especially for users with older handsets,” said Jørgen Arnesen, Head of Marketing and Distribution at Opera.At the end of last year, there were more than 3.8 billion mobile internet users in the world, with...

Contract Development and Manufacturing Organization Market worth USD 278.98 Billion by 2026; Increasing Demand for Pharmaceutical Products Will Aid Growth, says Fortune Business Insights™

Written by Customer Service on March 24, 2020. Posted in Mergers And Acquisitions.

Pune, March 24, 2020 (GLOBE NEWSWIRE) — The global contract development and manufacturing organization market size is projected to reach USD 278.98 billion by the end of 2026. Mergers and acquisitions are a growing trend among major companies across the world. According to a report published by Fortune Business Insights, titled “Contract Development and Manufacturing Organization (CDMO) Market Size, Share & Industry Analysis, By Service {By CMO (API, Finished Product {Solid Dosage Forms, Injectables, and Others}, and Packaging)} {By CRO (Discovery, Preclinical, Clinical Trial, and Laboratory Services)} and Regional Forecast, 2019-2026,” the market was worth USD 130.80 billion in 2018 and will exhibit a CAGR of 10.0% during the forecast period, 2019-2026.For more information in the analysis of this report, visit: https://www.fortunebusinessinsights.com/contract-development-and-manufacturing-organization-cdmo-outsourcing-market-102502The...

Teekay Offshore Partners L.P. changes its name to Altera Infrastructure L.P. as part of global group rebranding initiative

Written by Customer Service on March 24, 2020. Posted in Public Companies.

PEMBROKE, Bermuda, March 24, 2020 (GLOBE NEWSWIRE) — Teekay Offshore Partners L.P. (the “Partnership”) today announced that its name has changed to Altera Infrastructure L.P. effective 24 March 2020. The Partnership announced that the group of entities comprising of the Partnership’s affiliates and subsidiaries (formerly referred to as Teekay Offshore) (the “Group”) is rebranding to Altera Infrastructure. As previously announced in advance, also effective March 24, 2020, the Partnership’s preferred units, which previously traded on the New York Stock Exchange (“NYSE”) under the ticker symbols “TOO PR A”, “TOO PR B” and “TOO PR E”, respectively, now trade on NYSE under the new ticker symbols “ALIN PR A”, “ALIN PR B” and “ALIN PR E”.With the new brand, the Group also presents a new vision and visual identity.“In support of our new...

Month: March 2020

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