Month: April 2020

1er trimestre 2020: chiffre d’affaires ajusté en hausse de 20,0% à taux constants à CHF 303,5 millionsL’activité du premier trimestre 2020 s’est déroulée dans un contexte de crise sanitaire progressive découlant du COVID-19 engendrant une très forte volatilité sur les marchés financiers, particulièrement au cours du mois de mars. L’augmentation notable des volumes d’activité et l’impact positif sur les revenus du Groupe démontrent, une fois de plus, le caractère essentiel du cœur de métier de Compagnie Financière Tradition dans la recherche de la liquidité sur les marchés financiers, sur les différentes classes d’actifs mondialement et ce, tout en optimisant le prix pour ses clients.  Compagnie Financière Tradition est l’un des 3 principaux acteurs du secteur opérant dans le plus grand marché mondial, à savoir, le marché financier.Dans...

Q1 2020: adjusted revenue up 20.0% in constant rates to CHF 303.5mActivity in the first quarter of 2020 took place against a backdrop of a gradual health crisis resulting from COVID-19, causing very high volatility in the financial markets, particularly during the month of March. The significant increase in business volumes and the positive impact on the Group’s revenues once again demonstrate the essential nature of Compagnie Financière Tradition’s core business which ensures liquidity in the financial markets across the different asset classes globally, while optimising prices for its clients. Compagnie Financière Tradition is one of the top 3 industry players operating in the world’s largest market – the financial market.Against this backdrop, Compagnie Financière Tradition activity grew in the first quarter with reported...

Annual Report 2019of Compagnie Financière Tradition SAThe Annual Report and Accounts 2019 of Compagnie Financière Tradition SA are available on the Company’s website athttp://www.tradition.com/financials/reports.aspxCompagnie Financière Tradition’s annual general meeting will be held on Tuesday, 19 May 2020 at 3.30 pm at the company’s headquarters, Lausanne. Invitation to the meeting with the agenda and proposals of the Board of Directors is published on 24 April 2020 in the “FOSC” and in the press, and is also available on the Company’s website athttps://www.tradition.com/financials/press-releases/2020.aspxDevelopments around the coronavirus and the measures put in place by the Swiss Federal Council, in the Ordinance 2 (COVID-19), have a profound impact on the conducting of our 2020 Annual General Meeting.Protecting the health of our shareholders...

Rapport Annuel 2019de Compagnie Financière Tradition SALe rapport annuel 2019 de Compagnie Financière Tradition SA, comprenant les comptes annuels et les comptes consolidés pour l’exercice 2019 est désormais disponible sur le site Internet de la Société:http://www.tradition.com/financials/reports.aspxL’Assemblée générale de Compagnie Financière Tradition se tiendra le mardi 19 mai 2020, à 15h30, au siège de la société, à Lausanne. L’invitation avec l’ordre du jour et les propositions du Conseil d’administration est publiée le 24 avril 2020 dans la FOSC et la presse, et est disponible sur le site Internet de la Société :https://tradition.com/financials/press-releases/2020.aspxL’actualité liée à la crise sanitaire du coronavirus et les mesures édictées par le Conseil fédéral, dans l’ordonnance 2 (COVID-19), ont des implications importantes...

Annual Report 2019of Compagnie Financière Tradition SAThe Annual Report and Accounts 2019 of Compagnie Financière Tradition SA are available on the Company’s website athttp://www.tradition.com/financials/reports.aspxCompagnie Financière Tradition’s annual general meeting will be held on Tuesday, 19 May 2020 at 3.30 pm at the company’s headquarters, Lausanne. Invitation to the meeting with the agenda and proposals of the Board of Directors is published on 24 April 2020 in the “FOSC” and in the press, and is also available on the Company’s website athttps://www.tradition.com/financials/press-releases/2020.aspxDevelopments around the coronavirus and the measures put in place by the Swiss Federal Council, in the Ordinance 2 (COVID-19), have a profound impact on the conducting of our 2020 Annual General Meeting.Protecting the health of our shareholders...

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESTORONTO, April 23, 2020 (GLOBE NEWSWIRE) — African Gold Group, Inc. (TSX-V: AGG) (“AGG” or the “Company”) is pleased to announce that it has closed, the second and final tranche of the previously announced C$3,000,000 non-brokered private placement financing of common shares (the “Offering”) for gross proceeds of C$2,750,000 (the “Final Tranche”). Together with the closing of the first tranche of the Offering, the Company raised gross proceeds of C$3,000,000.“Despite a challenging economic environment, we are very pleased to close out the balance of the C$3 million private placement,” says Danny Callow, COO of African Gold Group. “These funds will contribute towards completing the Definitive Study for the Kobada Project...

BEIJING, April 23, 2020 (GLOBE NEWSWIRE) — Luckin Coffee Inc. (“Luckin Coffee” or the “Company”) (NASDAQ: LK) today announced the following:On April 21, 2020, the Company received a letter of resignation from Mr. Thomas P. Meier, who was appointed as an independent director of the Board in May 2019. In his letter, Mr. Meier notified the Company of his resignation from the Board and from the Audit Committee of the Board, effective immediately. Following Mr. Meier’s resignation, the Audit Committee of the Board consists of three independent directors. The Company thanks Mr. Meier for his dedicated service to the Company.Safe Harbor StatementThis announcement contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are made under the “safe...

SHANGHAI, China, April 23, 2020 (GLOBE NEWSWIRE) — Huazhu Group Limited (NASDAQ: HTHT) (“Huazhu”, “we” or “our”), a world-leading hotel group, today announced leverage covenant waiver for existing syndication loan and preliminary results for hotel operations in the first quarter ended March 31, 2020. Upon the completion of Deutsche Hospitality (“DH”) on January 2, 2020, we added 5 new hotel brands, including Steigenberger Hotels & Resorts, Maxx by Steigenberger, Jaz in the City, Intercity Hotel and Zleep Hotel. In this press release, we provide separate operating results for Legacy-Huazhu and Legacy-DH.Leverage Covenant Waiver for Existing Syndication LoanOn April 17, 2020, our syndication banks approved to release Huazhu from the original six-month-tested financial covenants for a period up to June 30, 2021, subject to the satisfaction...

TORONTO, April 23, 2020 (GLOBE NEWSWIRE) — Jade Power Trust (“Jade Power” or the “Trust”) (TSXV:JPWR.UN) is pleased to report its 2019 annual financial results. All amounts are expressed in Canadian Dollars unless otherwise noted. HighlightsRecord energy generation of 155,263 MWh for 2019, representing an increase of 7,720 MWh  or 5% on a year-over-year basis.  Energy generation was higher at all operating projects compared to 2018. Energy generation of 39,994 MWh for the fourth quarter of 2019, representing an increase of 485 MWh on a year-over-year basis.Revenue of $17.7 million for 2019 compared to $17.3 million in 2018.  Revenue of $4.6 million for the fourth quarter compared to $4.1 million for the fourth quarter of  2018.Operating margin1 of $10.8 million for 2019, representing a 27% increase from $8.5 million in 2018.  Operating...

SOUTH SAN FRANCISCO, Calif., April 23, 2020 (GLOBE NEWSWIRE) — ORIC Pharmaceuticals, Inc. (NASDAQ: ORIC), a clinical stage oncology company focused on developing treatments that address mechanisms of therapeutic resistance, today announced the pricing of its initial public offering of 7,500,000 shares of its common stock at a price to the public of $16.00 per share. All of the shares of common stock are being offered by ORIC. In addition, ORIC has granted the underwriters a 30-day option to purchase up to 1,125,000 additional shares of common stock at the initial public offering price, less the underwriting discounts and commissions. The shares are expected to begin trading on The Nasdaq Global Select Market on April 24, 2020 under the symbol “ORIC.” The gross proceeds from the offering, before deducting underwriting discounts and...