Day: June 21, 2024
ALK (ALKB:DC / OMX: ALK B / AKBLF) today announced that the full-year financial outlook has been upgraded to reflect better than expected sales performance in Q2 and an improved outlook for the remainder of the year.Revenue is now expected to grow by 12-15% in local currencies (prev.: 10-13%).
The EBIT margin is now expected to improve to 18-20% (prev.: 17-19%) vs. 14% in 2023.The full-year revenue outlook has been upgraded primarily to reflect a continued strong momentum in tablet sales, improved performance for injection- and drop-based allergy immunotherapy products (SCIT/SLIT-drops) as well as an improved pricing outlook in parts of Europe.
The full-year earnings upgrade is driven by the higher sales growth and continued operational leverage. The earnings outlook still includes one-off costs of approximately DKK 60 million related...
ALK provides update on regulatory process for the house dust mite allergy tablet in China
Written by Customer Service on . Posted in Public Companies.
ALK (ALKB:DC / OMX: ALK B / AKBLF) today announced that it has decided to withdraw the Biologic License Application (‘BLA’) for its house dust mite (‘HDM’) sublingual allergy immunotherapy tablet in China. ALK will continue to work with the authorities to obtain regulatory approval of the HDM tablet in China, which may involve establishing additional clinical data in Chinese patients.
The delay in the regulatory approval process does not impact ALK’s financial guidance for 2024, or its ability to reach a 25% EBIT-margin in 2025. Moreover, it does not impact ALK’s ability to meet its previously communicated long-term financial growth ambitions.
The BLA for the treatment of persistent moderate-to-severe HDM allergic rhinitis in patients aged 12–65 was accepted for review by the Chinese authorities in February 2023. In March 2022, prior...
Renault Group : Information relating to the total number of voting rights and share capital – May 31, 2024
Written by Customer Service on . Posted in Public Companies.
Disclosure of the total number of voting rights and shares, provided pursuant to article L. 233-8 II of the French Commercial Code and the Article 223-16 of the Règlement général de l’Autorité des marchés financiers (Regulation of the French stock market authority)
Company name of the issuer: Renault S.A. 122 – 122 bis Avenue du Général Leclerc 92100 Boulogne-Billancourt
(ISIN code: FR0000131906 – RNO)Date
Total number of issued shares
Total number of voting rightsMay 31, 2024
295,722,284
Theoretical number of voting rights(1) : 400,578,405
Exercisable number of voting rights(2) : 396,085,883(1) Pursuant to Article 223-11 of the Règlement général de l’Autorité des marchés financiers, number calculated on the basis of all shares to which voting rights are attached, including shares for which...
Yodel update
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PayPoint Plc
21 June 2024
Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (the “Market Abuse Regulation”) requires disclosure of inside information relating to PayPoint Plc (the “Issuer”). This announcement contains inside information as defined in Article 7 of the Market Abuse Regulation and is disclosed in accordance with the Issuer’s obligations under Article 17 of the Market Abuse Regulation.
Yodel update
PayPoint notes the announcement today by Yodel following the successful completion of its comprehensive strategic review. This will see Yodel operate as a stand-alone legal entity, under the leadership of CEO Mike Hancox and his ongoing Executive team.
As part of the review, PayPoint has made a strategic investment into the Yodel business, alongside other partners....
The M&A Advisor Announced Trey Dodd as Recipient of 15th Annual Emerging Leaders Awards
Written by Customer Service on . Posted in Mergers And Acquisitions.
ST. LOUIS, June 21, 2024 (GLOBE NEWSWIRE) —
Saint Louis, MO, June 2024 – The M&A Advisor announced ButcherJoseph & Co. Associate Trey Dodd as one of the recipients of the 15th Annual Emerging Leaders Awards.
The M&A Advisor, a globally renowned organization known for recognizing and showcasing leading M&A, financing, and turnaround professionals, established this awards program to honor excellence and foster mentorship and professional development among emerging leaders in the corporate finance and dealmaking industries.
The M&A Advisor has recognized over a thousand professionals who remain at the top of their professions and Emerging Leader Award winners have a significant effect on the advancement of our industry. Trey was chosen from a pool of prominent nominees for his notable accomplishments...
Apollo Senior Floating Rate Fund Inc. and Apollo Tactical Income Fund Inc. Announce Stockholder Approval of Mergers with MidCap Financial Investment Corporation
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NEW YORK, June 21, 2024 (GLOBE NEWSWIRE) — Apollo Senior Floating Rate Fund Inc. (NYSE: AFT) and Apollo Tactical Income Fund Inc. (NYSE: AIF) (AFT and AIF, together, the “CEFs”) today announced that both CEFs received stockholder approval of the necessary proposals related to their previously announced mergers with and into MidCap Financial Investment Corporation (NASDAQ: MFIC) at the AFT and AIF special meetings of stockholders reconvened on June 21, 2024. Approximately 88% of AFT’s common shares represented at its special meeting (excluding votes abstained or withheld), or approximately 53% of AFT’s common shares outstanding, voted in favor of the proposal, satisfying AFT’s stockholder approval requirement. Approximately 87% of AIF’s common shares represented at its special meeting (excluding votes abstained or withheld), or...
Fireweed Closes Previously Announced Offering for Total Proceeds of $43 Million
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NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
VANCOUVER, British Columbia, June 21, 2024 (GLOBE NEWSWIRE) — FIREWEED METALS CORP. (“Fireweed” or the “Company”) (TSXV: FWZ; OTCQX: FWEDF) is pleased to announce the closing of the non-brokered private placement (the “Offering”) first announced June 6, 2024.
Highlights$43 million total raised, a significant increase over the initial $30 million offering.
The Lundin Family Trusts, through their company Nemesia S.à.r.l., subscribed for a total of 5,000,000 shares and Larry Childress for a total 3,363,636 shares.The Offering
The Offering consisted of three parts for gross proceeds of approximately C$43 million as follows:12,985,586 common shares of the Company (“Shares”) issued at a price of C$1.10 per share;
909,090 common shares...
ETP Summit Financial Experts Advocate up to 3% Digital Asset Allocation in “Portfolio 3.0”
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ZURICH, June 21, 2024 – At the inaugural ETP Summit in Zurich last week, leading financial experts called for a paradigm shift in portfolio management, recommending a 3-5% allocation to digital assets in what they term “Portfolio 3.0”.
Key Takeaways:Industry leaders from Fidelity, Apex Group, Coinbase, and Galaxy endorse digital asset integration
Stablecoin circulation expected to increase fivefold by 2030
Switzerland emerges as global ETP capital due to favourable regulationsThe first ETP summit, organized by MPE.Swiss, a close distribution partner of issuance.swiss AG powered by Apex Group, brought together traditional finance giants and blockchain innovators. Attendees included representatives from SIX Swiss Exchange, Swissquote, Natixis, Bank Frick, Banque Syz, Sygnum Bank, Amina Bank, Vontobel, Julius Baer,...
Gabelli Funds Portfolio Managers to Present at Morningstar Investment Conference in Chicago June 26-27
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RYE, N.Y., June 21, 2024 (GLOBE NEWSWIRE) — Gabelli Funds (“GAMCO”) (OTCQX: GAMI) announced today that it will be the Principal Sponsor of the Morningstar Investment Conference in Chicago for the second consecutive year. Two Portfolio Managers, John Belton and Tony Bancroft, will present at the conference on June 26th and 27th, respectively.
John Belton, CFA, a Managing Director of Growth Equities and Co-Portfolio Manager of the Gabelli Growth Innovators ETF (GGRW) will present at 10:45 am CT on Wednesday June 26th during a session entitled: Investing in Generative AI, Identifying Winners & Separating Hype from Reality. John Belton joined Gabelli as Managing Director for Growth Equities in January 2024.
Lieutenant Colonel G. Anthony (Tony) Bancroft, USMCR, team leader and Portfolio Manager of the Gabelli Commercial Aerospace...
Annual General Meeting of Ice Fish Farm AS completed
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The Annual General Meeting of Ice Fish Farm AS was held today on 21 June 2024 at 14:00 hours (CEST) with approximately 80.51% of all shares entitled to vote present either in person or by proxy. All resolutions were approved in accordance with the proposal from the board of directors, including the new business name and a board authorization to increase the share capital by issuance of new shares by up to NOK 1,222,612.49.
A copy of the minutes is attached to this notice, as well as the attendance list and voting protocol.
Contacts: Guðmundur Gíslason, CEO of ICE FISH FARM AS: +354 8960426
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
About Ice Fish Farm:Ice Fish Farm is listed on Euronext Growth Oslo. The company is the 100% owner of Fiskeldi Austfjarða ehf.,...