Day: December 9, 2020
COMMUNIQUÉ DE PRESSEParis, le 9 décembre 2020 à 15h45Assemblée Générale Mixte du 18 décembre 2020 à huis closLevée des conditions suspensives de transformation en SICAV non cotéeL’Autorité des marchés financiers a confirmé l’absence de mise en œuvre d’une offre publique de retrait par l’actionnaire majoritaire (Groupe Aviva) en cas de transformation de SOFRAGI en Société d’Investissement à Capital Variable (SICAV) non cotée.Les deux conditions suspensives posées par le Conseil d’administration pour transformer la Société en SICAV non cotée, lors de l’assemblée générale mixte du 18 décembre 2020, sont donc désormais levées.Dans le cadre de la situation sanitaire actuelle, liée au SARS-CoV-2, le Conseil d’administration a décidé de tenir cette assemblée générale mixte à huis-clos, sans la présence physique des actionnaires et des...
4 in 5 companies planning to change ESG measures in executive pay plans over next 3 years, Willis Towers Watson survey finds
Written by Customer Service on . Posted in Public Companies.
ARLINGTON, Va., Dec. 09, 2020 (GLOBE NEWSWIRE) — Global events such as the pandemic, economic uncertainties, and social and racial injustice are sparking companies around the world to maintain or accelerate changes to their environmental, social and governance (ESG) priorities, according to a new survey of boards of directors by Willis Towers Watson (NASDAQ: WLTW), a leading global advisory, broking and solutions company.“With institutional investor interest in ESG and sustainable investing increasing, companies are maintaining or accelerating their focus on ESG initiatives,” said Shai Ganu, global head, Executive Compensation, at Willis Towers Watson. “We know from our research and consulting that companies’ focus is on a stronger alignment of executive compensation plans and ESG priorities, particularly with climate change and...
Hovnanian Enterprises Reports Fiscal 2020 Fourth Quarter and Full Year Results
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
Fourth Quarter Gross Margin Increased 290 Basis Points$95 Million Year-over-Year Improvement in Fiscal 2020 Pretax Income61% Year-over-Year Increase in Consolidated Backlog Dollars at Year End to $1.42 BillionFourth Quarter Consolidated Contracts per Community Improved 74% Year-over-YearMATAWAN, N.J., Dec. 09, 2020 (GLOBE NEWSWIRE) — Hovnanian Enterprises, Inc. (NYSE: HOV), a leading national homebuilder, reported results for its fiscal fourth quarter and year ended October 31, 2020.RESULTS FOR THE FOURTH QUARTER AND YEAR ENDED OCTOBER 31, 2020:Total revenues were $683.4 million in the fourth quarter of fiscal 2020, compared with $713.6 million, a decrease of 4.2%, in the same period of the prior year. For the year ended October 31, 2020, total revenues increased 16.2% to $2.34 billion compared with $2.02 billion in the prior fiscal...
G4S plc: GardaWorld Sets Aside No Increase Statement
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NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION.FOR IMMEDIATE RELEASE9 December 2020GardaWorld Sets Aside No Increase StatementG4S plc (“G4S” or the “Company”) notes Garda World Security Corporation (“GardaWorld”)’s announcement today regarding GardaWorld’s confirmation that the no increase statement regarding the offer price, set out in the Final Offer Document published on 2 December 2020, is no longer in effect and has been set aside (the “Announcement”).The Announcement does not change the Board of G4S’s intention unanimously to recommend the cash offer by Atlas UK Bidco Limited (an entity controlled by Allied Universal) announced yesterday.The Announcement is available on https://www.g4s.com/investors/offer-and-possible-offer.G4S...
Freehold Royalties Ltd. Announces Closing of Equity Financing
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NOT FOR DISSEMINATION IN THE UNITED STATES. FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF UNITED STATES SECURITIES LAW.CALGARY, Alberta, Dec. 09, 2020 (GLOBE NEWSWIRE) — Freehold Royalties Ltd. (Freehold) (TSX:FRU) announces that it has completed its previously announced bought deal financing, issuing 9,856,000 subscription receipts (Subscription Receipts) at a price of $4.80 per Subscription Receipt for gross proceeds of approximately $47.3 million, which included the full exercise of the over-allotment option granted to the underwriters. The bought deal offering was completed through a syndicate of underwriters led by RBC Capital Markets and TD Securities Inc. Concurrent with the closing of the bought deal financing, the pension trust funds for employees of Canadian National Railway Company invested approximately...
Permit of use granted to the development of Arco Vara in Bulgaria
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After several bureaucratic obstacles, the Iztok Parkside building was granted a permit of use. In Bulgaria, a permit of use is a prerequisite for formalising the final sales of dwellings. In this week, an active transfer of apartments and entering into real right contracts will begin.Iztok Parkside includes 67 apartments, 8 apartments of which have not been currently presold. The total expected revenue of the project is 10 million euros.The CEO of Arco Vara commented, “We thank our clients for the patience for waiting almost a year longer than initially planned and not backing down from the purchase wish. We can also claim that the change of management in Bulgaria is bringing results. Due to COVID-19 and the time limited by the coming holidays, a large part of the revenue will, however, be received in 2021, but the obstacles in realising...
Arco Vara arendus Bulgaarias sai kasutusloa
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Peale mitmeid bürokraatilisi takistusi, sai Iztok Parkside hoone kasutusloa. Bulgaarias on kasutusluba eelduseks eluruumide lõppmüükide vormistamiseks. Käesoleval nädalal alustatakse aktiivselt korterite üleandmise ning asjaõiguslepingute sõlmimisega.Iztok Parkside hoone koosneb 67 korterist, millest hetkel on eelmüügita 8 korterit. Projekti oodatav kogutulu on 10 miljonit eurot.Arco Vara juhataja kommentaar: „Täname kannatlikke kliente, kes ootasid ligi aasta aega kauem kui algselt planeeritud ega taganenud ostusoovist. Samuti saame väita, et juhtkonna vahetus Bulgaarias on toomas tulemusi. Seoses COVID-19 ja eelolevate pühade poolt limiteeritud aja tõttu jääb suur osa tulust küll 2021. aastasse, kuid müügitulu realiseerimise ees olnud takistused on ületatud.“Tiina MalmFinantsjuhtArco Vara ASTel: +372 614 4630tiina.malm@arcovara.com
Hub Group Expands Its Supply Chain Service Offering With the Acquisition of Last Mile Logistics Provider NonstopDelivery, LLC
Written by Customer Service on . Posted in Mergers And Acquisitions.
Hub Group, Inc. acquires non-asset based Last Mile logistics provider NonstopDelivery, LLC (“NSD”); enhances end-to-end solutions for its customers in one of the fastest growing sectors of the transportation market.Transaction HighlightsNSD is a market leading provider of last mile solutions for many large retailersExpands Hub Group’s solutions offering with a complementary, value-added residential Last Mile service capabilityProvides unsurpassed levels of service and an exceptional home delivery customer experienceNSD’s talented senior leadership team will remain with the businessNSD provides its service on a nationwide basis through a non-asset business modelAnticipated to be accretive to Hub Group’s earnings in 2021OAK BROOK, Ill., Dec. 09, 2020 (GLOBE NEWSWIRE) — Hub Group, Inc. (NASDAQ: HUBG) announced today that it has acquired...
Recruiter.com to Present at LD Micro Main Event
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HOUSTON, Dec. 09, 2020 (GLOBE NEWSWIRE) — Recruiter.com Group, Inc. (OTCQB: RCRT), a leading hiring platform with the world’s largest network of recruiters, is pleased to announce its Chairman and CEO, Evan Sohn, will present at the virtual LD Micro Main Event (XIII) taking place December 14-15, 2020.A live audio webcast and archive of the event presentation will be available using the webcast link above. For more information on the LD Micro Main Event, please contact your LD Micro representative.Recruiter.com Group, Inc.Recruiter.com is a hiring platform for the world’s largest network of small and independent recruiters. We empower businesses to recruit specialized talent faster with virtual teams of recruiters, AI job-matching, and video technology. Visit https://www.recruiter.com.For investor information, visit https://www.recruiter.com/investors.html.Please...
Applied Therapeutics Announces Launch of Galactosemia Awareness and Education Initiative
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NEW YORK, Dec. 09, 2020 (GLOBE NEWSWIRE) — Applied Therapeutics, Inc. (Nasdaq: APLT), a clinical-stage biopharmaceutical company developing a pipeline of novel drug candidates against validated molecular targets in indications of high unmet medical need, today announced the launch of Galactosemia Together, the first and only industry-led Galactosemia awareness and education campaign. Developed in partnership with the Galactosemia community, this initiative aims to address gaps in education by providing updated, reliable and credible resources to help connect, educate and support those families impacted by this disease.“We are thrilled that Applied Therapeutics is not only providing hope for a drug that could be used in the treatment of Galactosemia, but also is committed to creating valuable resources in the realm of disorder awareness...