Month: April 2020

Impacts de la crise COVID-19 :  chiffre d’affaires du premier trimestre en recul de-7,9% en données publiéesTrès forte croissance du e-commerce, sur tous les pays, pendant la période de confinementMise en place d’un Prêt Garanti par l’Etat de 500M€ pour sécuriser la trésorerie et préparer la reprise des activitésChiffre d’affaires de 1 490 millions d’euros au premier trimestre, en baisse de -7,9% en données publiées, et de -10,3% en données comparables Fermeture de la quasi-totalité du parc magasins physiques du Groupe à partir de mi-mars, entraînant une baisse des ventes du Groupe, en mars, d’environ 30% Croissance des ventes cumulées de janvier/février de +2,8% en données publiées et stable en données comparables, dans un contexte de consommation marqué par la poursuite des grèves en France, et un raccourcissement de la période des...

The United State of America stock market started anew positively this Tuesday morning because of the positive headlines concerning coronavirus which help boost investors’ confidence that the pandemic is almost over. Three major stocks lead gains such as Dow Jones Industrial Average pointed to an opening rally of about 700 points or about 3%, while S&P 500 and Nasdaq futures pointed to opening gains of 2.5% and 2.3%, respectively. However just before the closing of the trading day, tech and staples rolled over and pushed the Dow negatively breaking an almost 900-point gain from the morning hours. The Dow finished 0.1%, or 26 points, lower. At its highest point, the index had been up 937 points. The S&P 500 closed down 0.2% while Nasdaq Composite finished 0.3% lower. As for commodities, Oil prices are also down this Tuesday, April...

Monday noon, the U.S. market close its trading day with positive treats all over stocks charts. One of the most notable stocks is The Dow Jones Industrial which closes its session up by 7.7% to 22,679.99. The S&P 500 Index increased 7% to 2,663.68 while Nasdaq Composite Index increased 7.3% to 7,913.24. MSCI All-Country World Index increased 5.5% to 448.84. For Bonds, the yield on 10-year Treasuries has climbed eight basis points up to 0.67% while the yield on the two-year treasuries has gained up to four basis points to 0.26%. As for commodities, Gold rose by 2.8% to 1,665.97 per ounce highest for the last four weeks of positive outcome. However, for oil price it’s not that productive because it loss few percentage from last Fridays’ price. West Texas Intermediate (WTI) crude loss by -7.97% to $26.08 per barrel, while international...

Implementation of a €500 million Term Loan facility guaranteed by the French State to secure cash flow and prepare activities recoveryFnac Darty announces the signature of a €500 million credit agreement, guaranteed by the French State, with a pool of French banks.This loan, which is part of a Term Loan facility guaranteed by the French State (“Prêt Garanti par l’Etat”), was implemented in the context of the Covid-19 crisis and is intended to secure the Group’s liquidity and prepare for the recovery of Fnac Darty’s activities.This loan will be guaranteed up to 70% by the French State and will have a maturity of 1 year, with a 5-year extension option (April 2026). This new financing enables Fnac Darty to benefit from the support of leading French banking institutions in a context of an unprecedented crisis.The Group...

Mise en place d’un Prêt Garanti par l’Etat de 500M€ pour sécuriser la trésorerie et préparer la reprise des activitésFnac Darty annonce la signature d’un contrat de crédit d’un montant de 500 millions d’euros, garanti par l’état, avec un pool de banques françaises.Réalisé dans le cadre d’un Prêt Garanti par l’Etat (« PGE »), dans le contexte de crise Covid-19, cet emprunt sera destiné à sécuriser la liquidité du Groupe et à préparer la reprise des activités de Fnac Darty.Ce prêt sera garanti à hauteur de 70% par l’Etat Français, aura une maturité de 1 an, avec option d’extension jusqu’à 5 années additionnelles (avril 2026). Ce nouveau financement permet à Fnac Darty de bénéficier du soutien des institutions bancaires françaises de premier plan, dans un contexte de crise sans précédent.Le Groupe dispose déjà d’une structure de financement...

Stjórn Heimavalla hf. hefur borist erindi frá Fredensborg ICE ehf. þar sem þeim tilmælum er beint til stjórnar að boðað verði til hluthafafundar þar sem lögð verði fram tillaga um breytingu á 18. gr. núgildandi samþykkta félagsins (fækkun á stjórnarmönnum úr 5 niður í 3) og efnt verði til stjórnarkjörs. Telur félagið að vegna verulegra breytinga sem orðið hafa á eignarhaldi Heimavalla hf.  undanfarið sé rétt að umboð stjórnar verði endurnýjað og kosin verði ný stjórn.Fredensborg ICE ehf. eiga eiga 73.94% af útgefnu hlutafé Heimavalla hf. í lok 17. apríl 2020.Í 85. gr. laga um hlutafélög nr. 2/1995 og 2. mgr. 13. gr. samþykkta Heimavalla hf.  kemur fram að boða skuli til hluthafafundar ef hluthafar, sem ráða yfir minnst 5% hlutafjárins, krefjast þess skriflega og greina frá fundarefni.Samkvæmt 2. mgr. 12. gr. samþykkta Heimavalla hf. skal...

AS Tallink Grupp (the Company) has held financing negotiations with a number of partners during the current crisis. As per normal listed company practices, such negotiations have been held confidentially and the Company intended to disclose any relevant decisions according to stock exchange rules and its normal business practices. Tallink Grupp does not believe that its managerial decisions or the contents of the various proposals made to the Company should be discussed in public. For the first time in the Company’s history, a partner making a loan proposal, LHV, disclosed via news agency BNS (Baltic News Service) on 16 April at 16.49 that it has made a financing proposal to Tallink Grupp thus commencing a public debate on the topic of the financing proposal in the Estonian media. The information was published by LHV after Tallink Grupp...

AS Tallink Grupp (the Company) has held financing negotiations with a number of partners during the current crisis. As per normal listed company practices, such negotiations have been held confidentially and the Company intended to disclose any relevant decisions according to stock exchange rules and its normal business practices. Tallink Grupp does not believe that its managerial decisions or the contents of the various proposals made to the Company should be discussed in public. For the first time in the Company’s history, a partner making a loan proposal, LHV, disclosed via news agency BNS (Baltic News Service) on 16 April at 16.49 that it has made a financing proposal to Tallink Grupp thus commencing a public debate on the topic of the financing proposal in the Estonian media. The information was published by LHV after Tallink Grupp...

AS Tallink Grupp on tänase kriisi vältel pidanud laenuläbirääkimisi mitmete partneritega. Börsifirmale kohaselt on läbirääkimised toimunud konfidentsiaalselt ning otsustest teavitamist kavandati samuti börsireeglitest lähtuvalt ning tavapärast äripraktikat järgides. Tallink ei pea õigeks arutada avalikkuse ees oma juhtimisotsuseid ega talle tehtud erinvate pakkumiste sisu. Esmakordselt meie tegevuse ajaloos aga, otsustas üks laenupakkuja, LHV, sel korral 16. aprillil kell 16.49 teavitada läbi uudisteagentuuri BNS, et on teinud Tallinkile finantseerimispakkumise ning alustada seeläbi pakkumise teemalist arutelu Eesti meedias ja avalikkuses. Sellele eelnevalt oli AS Tallink Grupp kell 16.31 samal päeval andnud pakkumisele kirjalikult eitava vastuse. Laenupakkumise avalik debatt ei olnud Tallink Grupi kavandatud, kuid kuna temaatikat on...

TORONTO, April 17, 2020 (GLOBE NEWSWIRE) —Dear shareholdersAs we at EarthRenew Inc. (CSE:ERTH)(“EarthRenew” or the “Company”) look to tool up for commercial operations in the coming year, I want to take the time to provide a corporate update to our shareholders. First, I would like to extend a sincere thank you to everyone for their support over the past several years while we’ve been preparing the Company for large scale rollout of our economic and earth-friendly organic fertilizer offerings. Our primary goal at EarthRenew is to become a world leader in the budding organic fertilizer market in just a few years’ time. I am very proud of the foundation we laid in 2019 and Q1 of 2020 to help reach that goal. We aim to be in a position to provide encouraging updates for shareholders in the near-term.Let me briefly explain where we...