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Month: June 2020

SEB comments on the decision from the Swedish Financial Supervisory Authority

SEB has received the decision by the Swedish Financial Supervisory Authority (FSA) following its supervisory review of SEB’s routines and processes with regards to the regulatory frameworks that govern anti-money laundering. The Swedish FSA has decided to issue SEB a remark, which is a lower degree of an administrative sanction that is issued when a breach has not been deemed to be serious. The FSA has also decided to issue SEB an administrative fine of SEK 1bn, which corresponds to about 14 percent of the maximum amount the FSA can impose in this case, as well as a precept to take certain measures to improve its transaction monitoring.The Swedish FSA has conducted its reviews in cooperation with the Baltic supervisory authorities. All Swedish and Baltic supervisory authorities have hereby concluded their reviews regarding SEB’s anti-money...

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SEB kommenterar Finansinspektionens beslut

SEB har tagit emot Finansinspektionens (FI) beslut till följd av myndighetens undersökning av SEB:s rutiner och processer gällande regelverken för arbetet mot penningtvätt. Finansinspektionen har beslutat att ge SEB en anmärkning, vilket är en lägre grad av sanktion som ges när överträdelsen inte bedöms som allvarlig. Myndigheten har också beslutat att ge SEB en sanktionsavgift på 1 miljard kronor, vilket motsvarar cirka 14 procent av det maxbelopp som FI kan utfärda i detta ärende, samt ett föreläggande att göra vissa åtgärder för att förbättra sin övervakning av transaktioner.  – SEB kommer nu att analysera beslutet och återkomma med bankens syn. Vi strävar alltid efter att leva upp till gällande regelverk och egna högt ställda krav. Vi utvecklar kontinuerligt bankens förmågor att förebygga, upptäcka och rapportera misstänkt penningtvätt...

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WeedMD Reaffirms Record Q1 2020 Preliminary Net Revenues of $12 Million and Confirms Earnings Call on July 15, 2020

TORONTO, June 25, 2020 (GLOBE NEWSWIRE) — WeedMD Inc. (TSX-V:WMD) (OTCQX:WDDMF) (FSE:4WE) (“WeedMD” or the “Company”), a federally-licensed producer and distributor of medical-grade cannabis, is pleased to report record preliminary unaudited revenues of $12 million(1) for the three month period ended March 31, 2020. The Company will report record sales growth representing the first full quarter of integration with Starseed Holdings Inc. (“Starseed”) following its acquisition in December 2019.WeedMD will file its first quarter 2020 financial results after market on Tuesday July 14, 2020 and host a conference call with management the following day.“Driven by Color Cannabis brand recognition, customer acquisition initiatives and a substantial sale of our outdoor-cultivated biomass, our first quarter 2020 net revenues of $12 million...

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Stryker to host conference call on July 30, 2020

Kalamazoo, Michigan, June 25, 2020 (GLOBE NEWSWIRE) — Stryker (NYSE:SYK) announced that it will host a conference call on Thursday, July 30, 2020 at 4:30 p.m., Eastern Time, to discuss the Company’s operating results for the quarter ended June 30, 2020 and provide an operational update. Final operating results for the quarter ended June 30, 2020 will be released at 4:05 p.m. that day.To participate in the conference call dial (877) 702-4565 (domestic) or (647) 689-5532 (international) and be prepared to provide conference ID number 1335868 to the operator.A simultaneous webcast of the call will be accessible via the Company’s website at www.stryker.com. The call will be archived on the Investor Relations page of this site.A recording of the call will also be available from 8:00 p.m., Eastern Time, on Thursday, July 30,...

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Regarding the installation of the Druskininkai liquefied natural gas degasification station

AB “Energijos Skirstymo Operatorius” (hereinafter – the Company or ESO), identification code 304151376, registered office at Aguonu str. 24, Vilnius, Republic of Lithuania. The total number of registered ordinary shares issued by the Company is 894 630 333; ISIN code LT0000130023. In 2020 June 25th National energy regulatory council (NERC) made a decision on the installation of a liquefied natural gas (LNG) gasification station in Druskininkai installation of a degassing plant worth 2,86 million, Eur.If the company installs a permanent liquefied natural gas (LNG) gasification station in Druskininkai, the residents of Druskininkai municipality will be provided with an uninterrupted supply and distribution of natural gas.Representative for Public Relations: Tomas Kavaliauskas, tomas.kavaliauskas@eso.lt, tel. +370 61751616.

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Dėl Druskininkų suskystintų gamtinių dujų išdujinimo stotelės įrengimo

AB „Energijos skirstymo operatorius“ (toliau – ir Bendrovė), kodas 304151376, registruotos buveinės adresas Aguonų g. 24, Vilnius. Bendras AB „Energijos skirstymo operatorius“ išleistų paprastųjų vardinių akcijų skaičius yra 894 630 333; ISIN kodas – LT0000130023.2020 m. birželio 25 d. Valstybinė energetikos reguliavimo taryba (toliau – VERT) priėmė sprendimą dėl Druskininkų suskystintų gamtinių dujų (SGD) išdujinimo stotelės įrengimo, kurios vertė 2,86 mln. eurų.Bendrovei įrengus nuolatinę suskystintų gamtinių dujų (SGD) išdujinimo stotelę Druskininkuose, Druskininkų savivaldybės gyventojams bus užtikrinamas nepertraukiamas gamtinių dujų tiekimas ir skirstymas.ESO atstovas ryšiams su visuomene Tomas Kavaliauskas, el. paštas: tomas.kavaliauskas@eso.lt, tel. +370 61751616.

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ISG Launches New Podcast Series Exploring Benefits of Blockchain

STAMFORD, Conn., June 25, 2020 (GLOBE NEWSWIRE) — Information Services Group (ISG) (Nasdaq: III), a leading global technology research and advisory firm, has launched a new ISG Smartalks™ podcast series exploring the applications and benefits of blockchain across industries.The ISG Smartalks Blockchain Now™ series will feature a total of six episodes hosted by Alex Manders, director and ISG Blockchain Now lead, exploring use cases of enterprises that have achieved concrete, measurable benefits from their blockchain technology implementations. The series joins the ISG Smartalks Imagine Your Future podcast, which has produced 15 episodes to date, offering technology and sourcing insights from the thought leaders at ISG and their guests, as well as the ISG Digital Dish Podcasts, which bring together thought leaders and industry pace...

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Surna Reports Q1 2020 Results

Announces 2% Revenue Increase Over Q1 2019Boulder, Colorado, June 25, 2020 (GLOBE NEWSWIRE) — Surna Inc. (OTCQB: SRNA) announced today operating and financial results for the three months ended March 31, 2020.Financial HighlightsOur Q1 2020 revenue was $1,810,000, which represents a 2% increase compared to Q1 2019 revenue of $1,771,000. For Q1 2020, our operating loss and net loss was $946,000 and $938,000, respectively. This compares to a Q1 2019 operating loss and net loss of $922,000 and $900,000, respectively. Our Q1 2020 adjusted net loss was $718,000, compared to a Q1 2019 adjusted net loss of $497,000. Our Q1 2020 gross profit margin was 25.2% compared to 27.7% for Q1 2019, a decrease of 2.5 percentage points. As of March 31, 2020, our cash was $194,000, compared to cash of $922,000 as of December 31, 2019. Our working capital...

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