Unibail-Rodamco-Westfield (“URW”) responds to market rumours

Written by Customer Service on August 16, 2020. Posted in Public Companies.

Paris, Amsterdam, August 16, 2020Press releaseUnibail-Rodamco-Westfield (“URW”) responds to market rumoursURW refers to recent market rumours in relation to a potential rights issue.As detailed in its H1-2020 results communication, as at June 30, 2020, URW had €12.7 Bn of cash and undrawn credit facilities at its disposal. URW has taken a number of steps in response to the COVID-19 pandemic to strengthen its liquidity and balance sheet, including the cancellation of the second dividend instalment, deferring non-essential capital expenditures, a further reduction of the development pipeline and the completion of the disposal of five French shopping centres.As previously communicated, deleveraging is a priority for URW, starting with asset disposals as evidenced by its intention to sell €4 Bn of assets in the next couple of years, on top...

Constellation Software Inc. Announces Changes to its Management Team

Written by Customer Service on August 16, 2020. Posted in Public Companies.

TORONTO, Aug. 16, 2020 (GLOBE NEWSWIRE) — Constellation Software Inc. (TSX:CSU) (“Constellation” or the “Company”) today announced the resignation of John Billowits, Chief Executive Officer (CEO) of the Vela Operating Group (“Vela”) and the appointment of Damian McKay as his replacement, with effect from September 30, 2020. John Billowits will continue to act as a director to Constellation and will assist in the transition over the next twelve months and beyond as required. Damian McKay has been with Constellation for five years as CEO of DMG, an operating group within Vela. Prior to joining Constellation, Damian served as CEO of Datamine and in various executive positions with General Electric in Australia.Mark Leonard, said, in commenting upon the announcement: “We owe John a debt of thanks. John oversaw the development of Vela...

Platinex Inc. Announces Option Issuance

Written by Customer Service on August 16, 2020. Posted in Public Companies.

TORONTO, Aug. 16, 2020 (GLOBE NEWSWIRE) — Platinex Inc. (CSE: PTX) (the “Company” or “Platinex“) would like to announce that it has granted 200,000 options to consultants effective August 14, 2020. The options are priced at the previous days close of $0.07 and expire on August 14, 2025.Lori Paradis, Assistant Secretary Tel: (416) 268-2682 Email: lparadis@platinex.comWeb: www.platinex.com About Platinex Inc. – Advancing a District Scale Project in an Abitibi Gold CampPlatinex is focusing its efforts on the exploration of its property in the Shining Tree District. Platinex with the above acquisition has created the largest combined gold focused property package in the Shining Tree District, Northern Ontario, which has received little modern exploration...

Redwood Capital Management Limited: Stocks ended mixed after a good rally, Gold and crude both fell

Written by Customer Service on August 16, 2020. Posted in Public Companies.

Major indices have closed today’s session mixed, after concern on the coronavirus pandemic is slowing the economy’s recovery. Another contributor are the talks about governments stimulus package which is nearing its end. The jobless claim report from the Labor office which ended up lower that a million did not help investors mind to ease. S&P 500 closed this week’s trading failing to break another all-time high three times. Nasdaq also dipped while The Dow jumps up. Here are the main movements in the Global Stock Market this Friday; Stocks – S&P 500 has little to no change closing its market price to 3,372.89.– The Dow Jones Industrial Averages has climbed up with 34.78 points or 0.12% to 27,913.50.– The Nasdaq Composite dipped a bit losing about 23.20 points or 0.21% to 11,019.30.– The MSCI All-Country...

Day: August 16, 2020