Day: September 23, 2022

Brookfield Reinsurance Announces Timing of Special General Meeting

Brookfield Reinsurance Announces Timing of Special General Meeting

BROOKFIELD, NEWS, Sept. 23, 2022 (GLOBE NEWSWIRE) — Brookfield Reinsurance (NYSE, TSX: BAMR) (“Brookfield Reinsurance” or the “Company”) announced today that a special general meeting of its shareholders has been called for November 9, 2022. Background – Brookfield Arrangement Brookfield Asset Management Inc. (“Brookfield”) announced earlier today that its Board of Directors has unanimously approved the transaction for the public listing and distribution of a 25% interest in its asset management business, through Brookfield Asset Management Ltd. (the “Manager”) pursuant to a plan of arrangement (the “Brookfield Arrangement”) under the Business Corporations Act (Ontario). On completion of the Brookfield Arrangement, holders of class A limited voting shares of Brookfield (“Brookfield Shares”) will receive class A limited voting shares...

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Brookfield Board of Directors Unanimously Approves the Distribution of 25% Interest in its Asset Management Business

Brookfield Board of Directors Unanimously Approves the Distribution of 25% Interest in its Asset Management Business

Shareholders to Vote at a Special Meeting to be held on November 9, 2022 BROOKFIELD, NEWS, Sept. 23, 2022 (GLOBE NEWSWIRE) — Brookfield (NYSE: BAM, TSX: BAM.A) (“Brookfield”) today announced that its Board of Directors has unanimously approved the transaction for the public listing and distribution of a 25% interest in its asset management business, through Brookfield Asset Management Ltd. (the “Manager”). Pursuant to this approval, Brookfield has entered into an arrangement agreement (the “Arrangement Agreement”) in connection with the implementation of the transaction. The transaction will result in the division of Brookfield into two publicly traded companies – the Corporation (Brookfield Asset Management Inc. will be renamed “Brookfield Corporation”) and the Manager – with the holders of Brookfield’s class A limited voting...

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Legacy Housing Corporation Reports Second Quarter 2022 Financial Results and Regains Compliance with SEC Filings

Legacy Housing Corporation Reports Second Quarter 2022 Financial Results and Regains Compliance with SEC Filings

BEDFORD, Texas, Sept. 23, 2022 (GLOBE NEWSWIRE) — Legacy Housing Corporation (the “Company” or “Legacy”, NASDAQ: LEGH) today announced its financial results for the Second quarter ended June 30, 2022. Financial Highlights Comparison of Six Months ended June 30, 2022 and 2021 Revenue was $124.1 million, an increase of 40.2% from 2021 1H revenue of $88.5 million. Income before tax was $40.7 million, an increase of 45.2% from 2021 1H income before tax of $28.1 million. Net income was $33.4 million, an increase of 42.8% from 2021 1H net income of $23.3 million. Fully diluted earnings per share was $1.35, an increase of 40.1% from 2021 1H earnings per share of $0.96. Duncan Bates, President and Chief Executive Officer, stated: “Our team has been running hard all summer to publish Legacy’s delayed SEC filings and regain...

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Stock Yards Bank named to “Sm-All Stars: Class of 2022” for small-cap banks

Stock Yards Bank named to “Sm-All Stars: Class of 2022” for small-cap banks

Regional community bank ranks among top performers nationwide as analyzed by Piper Sandler LOUISVILLE, Ky., Sept. 23, 2022 (GLOBE NEWSWIRE) — Stock Yards Bancorp, Inc. (Nasdaq: SYBT), parent company of Stock Yards Bank & Trust, is one of only 35 banks in the U.S. to be named a “Sm-All Star” in Piper Sandler’s annual list of top-performing small-cap banks. Piper Sandler, an independent investment bank and research firm, analyzed banks and thrifts nationwide to select the “Class of 2022.” This elite annual list reflects the top 10% of the industry across a number of metrics including growth, profitability, credit quality and capital strength. Stock Yards Bank is the only Kentucky-based bank to make the list, which ranked banks with a market cap below $2.5 billion that out-performed industry medians to show outstanding metrics...

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Half-Yearly Results - Replacement

Half-Yearly Results – Replacement

This announcement replaces the Half-Yearly Results announcement released at 7.00am on 21 September 2022. The costs indicated for Token and Glofox in the ‘Top 15 investments’ were stated as £13.2m and £1.8m respectively, when the costs are £12.6m and £5.1m respectively – the correct figures are reflected below, all other text remains unchanged. Octopus Titan VCT plc Half-Yearly Results Octopus Titan VCT plc (‘Titan’ or ‘the Company’) announces the half-yearly results for the six months ended 30 June 2022. Titan’s mission is to invest in the people, ideas and industries that will change the world. Highlights   HY2022 HY2021 FY2021 Net assets (£’000) £1,180,101   £1,275,105 £1,373,041 (Loss)/profit after tax (£’000) £(148,242) £218,580 £216,557 NAV/share 91.3p 113.9p 105.7p NAV + cumulative dividends 186.3p 197.9p 197.7p Total...

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The Marquie Group Acquires Stake in Simply Whim

The Marquie Group Acquires Stake in Simply Whim

ST PETERSBURG, FL, Sept. 23, 2022 (GLOBE NEWSWIRE) — via NewMediaWire — The Marquie Group, Inc. (OTCMKTS:TMGI) (“The Marquie Group”, “TMGI” or the “Company”), acquires a stake in Simply Whim.  The Marquie Group has acquired a 25% stake in Simply Whim, its development partner in the health and beauty space. The Company intends to file a Form S-1 registration in the near future to raise the necessary capital to increase sales at Simply Whim. According to CEO Marc Angell, “Our plan is to increase the marketing budget for all Whim products in preparation for the upcoming holiday season. The Whim line of beauty products are priced mid-tier which should sell well given the state of the economy. The winter months present difficult challenges for maintaining proper skin care; our Whim beauty products solve these issues at an affordable...

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AIP Realty Trust Announces Quarterly Distribution

AIP Realty Trust Announces Quarterly Distribution

VANCOUVER, British Columbia, Sept. 23, 2022 (GLOBE NEWSWIRE) — AIP Realty Trust (the “Trust” or “AIP Realty”) (TSXV:AIP.U) is pleased to announce that its Board of Trustees has declared a quarterly cash distribution in the amount of $0.04 per unit, representing $0.16 per unit on an annualized basis. The distribution will be payable on October 17, 2022, to unitholders of record on September 30, 2022. All dollar amounts are stated in U.S. dollars. About AIP Realty Trust AIP Realty Trust is a real estate investment trust with a growing portfolio of light industrial flex facilities focused on small businesses and the trades and services sectors in the U.S. These properties appeal to a diverse range of small space users, such as contractors, skilled trades, suppliers, repair services, last-mile providers, small businesses and assembly...

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Nokia Corporation: Repurchase of own shares on 23.09.2022

Nokia Corporation: Repurchase of own shares on 23.09.2022

Nokia CorporationStock Exchange Release23 September 2022 at 21:00 EEST Nokia Corporation: Repurchase of own shares on 23.09.2022 Espoo, Finland – On 23 September 2022 Nokia Corporation (LEI: 549300A0JPRWG1KI7U06) has acquired its own shares (ISIN FI0009000681) as follows: Trading venue (MIC Code) Number of shares Weighted average price / share, EUR* XHEL 429,746 4.39 CEUX 28,246 4.39 AQEU 2,933 4.41 TQEX 6,075 4.38 Total 467,000 4.39 * Rounded to two decimals On 3 February 2022, Nokia announced that its Board of Directors is initiating a share buyback program under the authorization granted by Nokia’s Annual General Meeting on 8 April 2021 to return up to EUR 600 million of cash to shareholders in tranches over a period of two years. The first phase of the share buyback program in compliance with the Market Abuse Regulation...

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Mobiv Acquisition Corp. Announces the Separate Trading of its Class A Common Stock and Warrants Commencing September 26, 2022

Mobiv Acquisition Corp. Announces the Separate Trading of its Class A Common Stock and Warrants Commencing September 26, 2022

NEWARK, Delaware, Sept. 23, 2022 (GLOBE NEWSWIRE) — Mobiv Acquisition Corp. (NASDAQ: MOBV, the “Company”) announced that, commencing September 26, 2022, holders of the 8,700,000 units sold in the Company’s initial public offering may elect to separately trade the Class A common stock and warrants included in the units. Any units not separated will continue to trade on The Nasdaq Stock Market (the “Nasdaq”) under the symbol “MOBVU,” and the separated Class A common stock and warrants are expected to trade on the Nasdaq under the symbols “MOBV,” and “MOBVW,” respectively. No fractional warrants will be issued upon separation of the units and only whole warrants will trade. Unitholders will need to have their brokers contact Continental Stock Transfer & Trust Company, the Company’s transfer agent, in order to separate the units...

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<div>Beazley research highlights that digital health & wellness providers may be operating without effective protection in place</div>

Beazley research highlights that digital health & wellness providers may be operating without effective protection in place

Global survey reveals 99% of digital health firms anticipate growth, but almost 80% do not have an insurance policy tailored to the specific risks they face, despite claims spiking by 50% in the past year. COVID-19 and its economic impact change demand for services Percentage of digital health and wellness companies reporting increased demand for their services, 2022 Asia most impacted by the pandemic Percentage of business leaders reporting increased claims, 2022 London, Sept. 23, 2022 (GLOBE NEWSWIRE) — Beazley has today published the second edition of its report, Spotlight on digital health and wellness 2022, which examines changing attitudes to risk and insurance among digital health and wellness leaders in North America, Asia, the UK and Europe.[1] Key findingsOpportunities and challenges abound for this rapidly growing...

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