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Month: March 2020

Reliance Trading Co. Limited – On Global Markets Last Week

As the outbreak of notorious corona-virus (CoVID19) that continues spreading all over the world, United State of America stocks drop down into a correction last week. Italy and Russia were among the global markets that are deeply affected, while China on the other hand has reported its biggest drop yet in its purchasing manager’s index – a headwind turn of events just this Saturday. As investors hold on to the markets inevitability on the following weeks, an unverified news saying that Federal Reserve and the Central Banks are going to cut interest rates to sustain equity markets. An all-time low of earnings on the 10th and 30th year U.S. Government Bonds, the possibility of more rate cuts is more likely. Preparing for the worsts future economic derangement, listed down are some or not the most economic events on the weeks ahead; Monday...

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Texas startup automating mission critical facility operations a finalist at Data Center World

Frisco, Texas, March 4, 2020 /MOPstar has been named as one of only five finalists for Data Center World’s Innovation Startup Challenge to be held at Data Center World 2020, March 16-19, 2020 in San Antonio, Texas. “Method of procedures (MOP) have been overlooked and are due for modernization and automation. Doctors use computerized check lists. Pilots check lists are all automated and digitized. But data center engineers are often left to their own memories or must refer to Word documents or 3 ring binders of procedures. This situation needed to be addressed,” said Ajay Nagar, Founder and CEO of MOPstar and a veteran of data center and critical infrastructure industry. He went on to say, “the cumbersome nature of managing procedures is at odds with every other process or department in any business organization. IT have dedicated...

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Investam-HK: Apple stock fell sharply and then recovered before trading day ends

After falling more than 6% last Friday, NASDAQ: AAPL recovered abruptly closing down a 1.7% decline the same day.February 28, 2020, Apple’s share on U.S. stock market (NASDAQ: AAPL) drop as low as 6.3%, but recovered most of its lost erasing the high decline to 1.7% before the trading day end at 3:00 p.m. the same day. The stock’s high decline early that Friday morning is more likely due to the same reason why most stocks on U.S. market drop down – the fear of the Coronavirus (COVID-19 virus) widespread. ‘Not Surprising’ It is not surprising that Apple and its stock on the market will be widely affected, because aside from a long celebrated Chinese New Year most of their Manufacturers, suppliers and factories are in China where the coronavirus (COVID-19 virus) has started to spread. Apple in a statement posted in their site last February...

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Secured Loans In Killeen, TX

Killeen, TX/ 2020: An affordable and easy way of financing a vehicle purchase is through a secured auto loan from a reliable credit union in your area. Greater Central Texas Federal Credit Union offers affordable secured loans in Killeen, TX. The credit union aims to provide convenient financial services to its members. Owned by its members, the credit union is now a renowned financial institution in Killeen, TX that strives to provide its members with a range of financial services and lending opportunities. Secured Loans The steps to apply for a secured auto loan are enlisted on the credit union’s website. Rates for the loan are variable. It is recommended to check with the loan officers. Down payment may be required. Electronic/automatic payments can be set up for auto loans. The Benefits Of Choosing Us We offer a variety of savings...

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US Capital Global Securities Launches $50MM Equity Offering for Koine

San Francisco, CA, USA., March 5, 2020 — US Capital Global Securities, an affiliate of US Capital Global, is offering to eligible investors a $50 million investment opportunity in Koine Finance Ltd (“Koine”). Founded in London in 2017, Koine brings together the full suite of governance, compliance, risk management, and audit of real-time trading to the digital ecosystem. Its custody and settlement platform aims to provide clients with the tools to manage their assets in a low-latency, high-volume environment and benefit from notably increased security, agility, and efficiency. Headquartered in San Francisco, US Capital Global is a full-service private financial group with an established track record in investment banking, asset management, and capital formation services. Its registered broker-dealer affiliate, US Capital Global Securities...

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OVERSEAS SHIPHOLDING GROUP REPORTS FOURTH QUARTER AND FULL YEAR 2019 RESULTS

Tampa, FL, March 13, 2020 (GLOBE NEWSWIRE) — Overseas Shipholding Group, Inc. (NYSE: OSG) (the “Company” or “OSG”), a provider of energy transportation services for crude oil and petroleum products in the U.S. Flag markets, today reported results for the fourth quarter and full year 2019.HighlightsMr. Sam Norton, President and CEO, stated, “We are extremely pleased with the results for the fourth quarter of last year. Revenue, EBITDA and earnings all came in at levels that portend continued progress in fulfilling the promise of our business strategy. For some time, we have been expressing confidence that the mix of our revenue streams has positioned OSG to generate stable revenues from our niche businesses while capturing the upside of the ongoing market recovery. The emerging strength of our conventional tanker earnings contribution...

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Norwood Financial Corp Announces Cash Dividend

HONESDALE, Pa., March 13, 2020 (GLOBE NEWSWIRE) — Lewis J. Critelli, President and Chief Executive Officer of Norwood Financial Corp (NASDAQ: NWFL) and its subsidiary Wayne Bank announced that the Board of Directors declared a $.25 per share quarterly dividend payable May 1, 2020 to shareholders of record as of April 15, 2020.  The $.25 per share equals the per share dividend declared in the prior quarter and represents a 4.2% increase over the cash dividend declared in the first quarter of 2019.Norwood Financial Corp, through its subsidiary, Wayne Bank operates fifteen offices in Northeastern Pennsylvania and twelve offices in Delaware and Sullivan Counties, New York.  As of December 31, 2019, the Company had total assets of $1.2 billion, loans outstanding of $924.6 million, total deposits of $957.5 million and total stockholders’...

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Liquidity Services Providing New Life to Retired Manufacturing Assets from Leading Industrial Compressor Manufacturer Through an Online Auction Sale on AllSurplus.com

BETHESDA, Md., March 13, 2020 (GLOBE NEWSWIRE) — Liquidity Services (NASDAQ: LQDT) has partnered with a leading industrial compressor manufacturer to extend the life of retired manufacturing assets and equipment related to a facility closure. To bring new life to the assets, Liquidity Services is conducting an online auction to make these assets available to its global buyer base and promote sustainable product lifecycle practices. Interested buyers have the opportunity to bid on over 300 items via Liquidity Services’ online marketplace, www.AllSurplus.com.Interested buyers can view the items through Liquidity Services’ network of marketplaces including AllSurplus and its legacy marketplace, Go-Dove. Auction bidding is currently open at Liquidity Services’ online marketplace through March 19, 2020 at 11:00 am ET. Please visit...

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Share buyback programme completed

13 March 2020Announcement no. 20/2020Share buyback programme completedIn the period April 30, 2019 to March 12, 2020, Alm. Brand A/S has completed a share buyback programme of up to DKK 200 million.The share buyback programme was announced and described in detail in company announcement no. 26/2019.The share buyback programme has been completed in accordance with the Commission Regulation (EC) No. 596/2014 of April 16, 2014 (the Market Abuse Regulation) and has been managed by Danske Bank A/S.The share buyback programme was completed on March 12, 2020 with the release of company announcement no. 19/2020, in which detailed transaction data is provided in accordance with the Commission Delegated Regulation (EU) 2016/1052 of March 8, 2016.A total of 3,546,087 shares has been acquired under the share buyback programme at an average price of...

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