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Year: 2020

Stifel Names Mathieu L’Allier as Head of Investment Banking for Eastern Canada

ST. LOUIS and MONTREAL, Nov. 19, 2020 (GLOBE NEWSWIRE) — Stifel Financial Corp. (NYSE: SF) today announced that Mathieu L’Allier has joined the firm as Vice Chairman, Managing Director, and Head of Investment Banking for Eastern Canada. He is based in Stifel GMP’s Montreal office and is responsible for leading Stifel’s investment banking business in Eastern Canada, including Quebec, Ottawa, and the Maritimes.“We are very pleased to add a seasoned professional with Mathieu’s talent, experience, and important relationships to our investment banking team,” said Matt Gaasenbeek, Co-Head of Investment Banking for Stifel GMP. “Eastern Canada, including Quebec, has been strategically important for the firm and the addition of Mathieu demonstrates our ongoing commitment to one of the country’s most dynamic business environments. We look...

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LEGACY ACQUISITION CORP. ANNOUNCES PRELIMINARY RESULTS OF CASH TENDER OFFER FOR ITS CLASS A COMMON STOCK

New York, NY, Nov. 19, 2020 (GLOBE NEWSWIRE) — Legacy Acquisition Corp. (NYSE: “LGC”) (“Legacy”), a publicly-traded Special Purpose Acquisition Company, announced today the preliminary results of its previously announced tender offer to purchase up to all 6,122,699 issued and outstanding shares of Class A common stock, par value $0.0001 per share (the “Class A Common Stock”), that were initially issued as part of units in Legacy’s initial public offering (such shares of Class A Common Stock, the “Public Shares”), at a purchase price of $10.5040 per Public Share, net to the seller in cash, without interest (the “Tender Offer”). The Tender Offer was made in connection with the previously announced business combination (the “Business Combination”) with Onyx Enterprises Int’l, Corp., a New Jersey corporation (“Onyx”), pursuant to the...

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JOYY Refutes Muddy Waters’ Report

GUANGZHOU, China, Nov. 19, 2020 (GLOBE NEWSWIRE) — JOYY Inc. (Nasdaq: YY) (“JOYY” or the “Company”), a global video-based social media platform, today issued the following statement in response to allegations made in a report by Muddy Waters.Yesterday, Muddy Waters issued a short seller report on JOYY, causing anxiety and market disturbance, leading to abnormal share price movements. The Company believes that the report contains numerous errors, unsubstantiated statements, and misleading conclusions and interpretations regarding information relating to the Company.Muddy Waters’ report shows its lack of a basic understanding of the live streaming industry in China. The operating metrics disclosed by JOYY are commonly used and publicized by its industry peers. Live streaming has become a key revenue engine for companies in the internet...

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Bombardier’s joint venture wins contract to build 112 new Chinese standard high-speed train cars

With over 4,600 train cars already delivered, Bombardier’s Chinese joint venture is the only Sino-foreign entity to ever win a new Chinese standard high-speed train bidThis is BST’s first order the new generation 250 km/h CR300AF high-speed trainBERLIN, Nov. 19, 2020 (GLOBE NEWSWIRE) —Note to editors: To view the photo associated with this press release, please visit the following link: https://www.globenewswire.com/NewsRoom/AttachmentNg/e484e11c-8c90-40b1-9f7e-2438bf4e30e9Global mobility solution provider Bombardier Transportation announced today that its Chinese joint venture, Bombardier Sifang (Qingdao) Transportation Ltd. (BST), has been awarded a contract from China State Railway Group Co., Ltd. (CHINA RAILWAY) to supply 112 CR300AF cars – the new Chinese standard high-speed train car used for China’s evolving high-speed rail...

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Approval of loan guarantee by the Government of the Republic of Finland

The Government of the Republic of Finland today approved a state guarantee of up to EUR 90 million for a EUR 100 million loan to Tallink Silja Oy, a subsidiary of AS Tallink Grupp.AS Tallink Grupp will issue a separate and more detailed stock exchange announcement upon the signing of the loan agreement.Joonas JoostFinancial DirectorAS Tallink GruppSadama 510111 Tallinn, EstoniaE-mail joonas.joost@tallink.ee

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Soome Vabariigi Valitsuse nõusolek laenu garantii osas

Soome Vabariigi Valitsus kinnitas täna riigipoolse garantii andmise, mahus 90 miljon eurot, 100 miljoni euro suuruse laenulimiidi ulatuses AS-i Tallink Grupp tütarettevõttele Tallink Silja Oy.AS Tallink Grupp teavitab laenulepingu sõlmimisest ning detailsemast infost eraldi börsiteatega.Joonas JoostFinantsdirektorAS Tallink GruppSadama 510111 TallinnE-mail joonas.joost@tallink.ee

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Approval of loan guarantee by the Government of the Republic of Finland

The Government of the Republic of Finland today approved a state guarantee of up to EUR 90 million for a EUR 100 million loan to Tallink Silja Oy, a subsidiary of AS Tallink Grupp.AS Tallink Grupp will issue a separate and more detailed stock exchange announcement upon the signing of the loan agreement.Joonas JoostFinancial DirectorAS Tallink GruppSadama 510111 Tallinn, EstoniaE-mail joonas.joost@tallink.ee

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Navios Maritime Holdings Inc. Announces the Date for the Release of Third Quarter 2020 Results, Conference Call and Webcast

MONACO, Nov. 19, 2020 (GLOBE NEWSWIRE) — Navios Maritime Holdings Inc. (“Navios Holdings”) (NYSE:NM) announced today that it will host a conference call on Monday, November 23, 2020 at 8:30 am ET, at which time Navios Holdings’ senior management will provide highlights and commentary on earnings results for the third quarter and nine months ended September 30, 2020. The Company will report results for the third quarter and nine months ended September 30, 2020, prior to the conference call.A supplemental slide presentation will be available on the Navios Holdings website at www.navios.com under the “Investors” section by 8:00 am ET on the day of the call.Conference Call details:Call Date/Time: Monday, November 23, 2020 at 8:30 am ETCall Title: Navios Holdings Q3 2020 Financial Results Conference CallUS...

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Global Medical Clothing Market to Hit USD 99.9 Billion at 5.9% CAGR; Covid-19 to Create New Opportunities Worldwide, says Fortune Business Insights™

Pune, India, Nov. 19, 2020 (GLOBE NEWSWIRE) — The report states that the medical clothing market size was USD 63.3 billion in 2019 and is projected to reach USD 99.9 billion by 2027, exhibiting a CAGR of 5.9% during the forecast period. North America procured USD 25.5 billion in 2019 and is set to dominate in the forthcoming period. This growth is attributable to the presence of numerous medical clothing manufacturing companies, increasing prevalence of acute and chronic diseases, and developed healthcare infrastructure. The global medical clothing market is set to gain momentum from the rising incidence of hospital-acquired infections. Besides, the rising awareness campaigns regarding the benefits of clinical clothing would affect the market positively.KEY INDUSTRY DEVELOPMENTS:January 2020 – Cardinal Health announced that it is...

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AppHarvest Plants First Tomato Crop with Harvest Expected in Grocery Stores Early Next Year

Growing tomatoes in a chemical pesticide-free environment using 100% recycled rainwaterCompany’s strategic location reaches nearly 70% of Americans in a day’s driveReaffirms expectations of initial revenues in first quarter of 2021MOREHEAD, Ky., Nov. 19, 2020 (GLOBE NEWSWIRE) — AppHarvest today announced it has planted its first tomato crop at the company’s high-tech controlled environment agriculture facility in Morehead, Ky. The crop is scheduled to be harvested and available at leading U.S. grocery stores in early 2021.The Morehead facility spans 2.76 million square feet, the equivalent of 45 football fields. It’s the first of a series of indoor farms designed to redefine American agriculture by growing non-GMO, chemical pesticide-free fruits and vegetables using 100% recycled rainwater at locations closer to the people eating...

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