Day: June 23, 2020

WILMINGTON, Del., June 23, 2020 (GLOBE NEWSWIRE) — WSFS Bank, the primary subsidiary of WSFS Financial Corporation (Nasdaq: WSFS), today announced the promotion of Jim Wechsler to Senior Vice President, Chief Retail Lending Officer reporting to Executive Vice President and Chief Retail Banking Officer, Richard Wright. Wechsler will be responsible for Consumer Lending, Small Business, Government Guaranteed Lending, Community Reinvestment and NewLane Finance. He will also manage the bank’s fintech lending relationships. Wechsler is replacing Glenn Kocher, who is retiring.“I am very happy that Jim will be joining my team in this important role. Jim is very talented, and he represents the next generation of leaders for our organization,” said Wright. “His strategic thinking, business acumen and cultural fit make him an ideal successor...

STUTTGART, Germany and SANTA CLARA, Calif., June 23, 2020 (GLOBE NEWSWIRE) — Mercedes-Benz, one of the largest manufacturers of premium passenger cars, and NVIDIA, the global leader in accelerated computing, plan to enter into a cooperation to create a revolutionary in-vehicle computing system and AI computing infrastructure. Starting in 2024, this will be rolled out across the fleet of next-generation Mercedes-Benz vehicles, enabling them with upgradable automated driving functions.Working together, the companies plan to develop the most sophisticated and advanced computing architecture ever deployed in an automobile.The new software-defined architecture will be built on the NVIDIA DRIVE™ platform and will be standard in Mercedes-Benz’s next-generation fleet, enabling state-of-the-art automated driving functionalities. A primary...

TEL-AVIV, Israel, June 23, 2020 (GLOBE NEWSWIRE) — Kitov Pharma Ltd. (“Kitov”) (NASDAQ/TASE: KTOV), a clinical-stage company advancing first-in-class therapies to overcome tumor immune evasion and drug resistance, today announced that it has entered into definitive agreements with several healthcare-focused institutional investors for the purchase and sale of 38,888,892 of the Company’s ordinary shares represented by American Depositary Shares (ADSs) and warrants to purchase up to an aggregate of 19,444,446 ADSs, at a combined purchase price of $0.90 per ADS and associated warrant, in a registered direct offering, for aggregate gross proceeds of approximately $35.0 million. Each ADS represents one ordinary share, no par value, of Kitov. The offering is expected to close on or about June 25, 2020, subject to satisfaction of customary...

SPRINGDALE, Ark., June 23, 2020 (GLOBE NEWSWIRE) — Tyson Foods, Inc. (NYSE: TSN) today named Johanna Söderström as Executive Vice President & Chief Human Resources Officer, effective July 6, 2020. Söderström will report to Chief Executive Officer Noel White and will lead all aspects of the company’s global people strategy to enable its overall growth, innovation and transformation agenda. Söderström also will focus on continuing to build the company’s culture, talent and capabilities for the future. She succeeds Mary Oleksiuk, who is retiring after a 35-year career.Söderström, who will join the Enterprise Leadership Team at Tyson Foods, brings more than two decades of experience in global people solutions, employee engagement and talent development to her new role. She most recently served as Senior Vice President, Chief Human...

Basel, Switzerland, June 23, 2020Basilea Pharmaceutica Ltd. (SIX: BSLN) today announced that it has entered into a sale and leaseback agreement for its corporate headquarters in Basel, with the Pension Fund of UBS. Gross proceeds from the sale, before customary fees and transaction costs, amount to around CHF 19 million. Basilea will leaseback the building and does not plan on any other organizational changes related to this transaction. CBRE (NYSE: CBRE) represented Basilea as sell-side advisors.David Veitch, Chief Executive Officer of Basilea, said: “This transaction is an important strategic step for Basilea and a result of our continuous efforts to optimize our business. It significantly increases our financial and operational flexibility, and allows us to move forward with our mid-term plan of bringing all our employees, currently...

Basel, 23. Juni 2020Basilea Pharmaceutica AG (SIX: BSLN) gab heute bekannt, dass sie mit der Pensionskasse der UBS einen Sale-and-Lease-Back-Vertrag für ihre Konzernzentrale in Basel abgeschlossen hat. Der Bruttoerlös aus dem Verkauf, d.h. vor üblichen Gebühren und Transaktionskosten, beläuft sich auf rund CHF 19 Mio. Basilea wird das Gebäude von der Käuferin mieten. Es sind keine weiteren organisatorischen Veränderungen im Zusammenhang mit der Transaktion geplant. CBRE (NYSE: CBRE) beriet Basilea verkäuferseitig.David Veitch, Chief Executive Officer von Basilea, sagte: „Diese Transaktion ist ein wichtiger strategischer Schritt für Basilea und Ergebnis unserer kontinuierlichen Anstrengungen zur Optimierung unseres Unternehmens. Sie erhöht signifikant unsere finanzielle und operative Flexibilität und ermöglicht es uns, unseren Plan weiter...

Kvika banki hf. has concluded an offering of 6-month bills in the new series KVB 20 1221. Total offers for bills in the auction amounted to ISK 2.020 million and offers were accepted for ISK 2.000 million at a simple rate of 1,75%. The bills are scheduled to be admitted to trading on Nasdaq Iceland in the coming weeks.

Kvika banki hf. hefur lokið útboði á sex mánaða víxlum í nýjum flokki, KVB 20 1221. Í heildina bárust tilboð upp á 2.020 milljónir kr. og var tilboðum tekið fyrir 2.000 milljónir kr. Víxlarnir voru seldir á 1,75% flötum vöxtum og áætlað er að taka þá til viðskipta á Nasdaq Ísland á næstu vikum.

CORNELIUS, NC, June 23, 2020 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — Good Hemp, Inc. (OTC Markets: GHMP) has expanded distribution of its Good Hemp 2oh!, Good Hemp Fizz and Canna Hemp products into Oklahoma, Texas and Kansas through Sooner Distributors and R&K Snack Enterprises.“As a strategic measure, we have hired two independent sales reps to cover these added distribution points. Combined, they have 17 years’ experience in supplying and building retail brands at big box retailers such as Walmart, Tractor Supply and Lowe’s,” said Chris Chumas of Good Hemp. Chumas continued, “Our core focus is building brand strength throughout these territories via C Stores, liquor stores and specialty shops that will pave the way to launch Good Hemp products with a big box retailer as opportunity permits. Our preliminary...

Þann 10. janúar 2014 gaf fagfjárfestasjóðurinn REG3A fjármögnun, kt. 431213-9900, Katrínartúni 2, 105 Reykjavík, út skuldabréf að fjárhæð kr. 9.500.000.000,-. Skuldabréfið er skráð í OMX Kauphöll Íslands undir auðkenninu REG3A 14 1. Boðað er til fundar eigenda skuldabréfaflokksins þann 7. júlí kl. 10.00 að Katrínartúni 2, 105 Reykjavík.Á fundinum verður óskað eftir afstöðu eiganda skuldabréfaflokksins til þess að sjóðurinn falli frá veðsetningu eigna eins og hún er tilgreind í útgáfulýsingu REG3A 14 1 og njóti framvegis veðréttinda skv. „almenna tryggingafyrirkomulaginu“ eins og það er skilgreint í grunnlýsingu Regins til útgáfu skuldaskjala, dags. 31. mars 2020. Á móti verður sú breyting gerð að bréfin verða ekki uppgreiðanleg fyrr en 25. ágúst 2021 eða 12 mánuðum síðar en næsti mögulegi uppgreiðsludagur. Í skilmálum skuldabréfaflokksins...