Slots are expected to be available beginning at 9:30 a.m. on Monday and are expected to be filled quickly.
Pomerantz LLP announces that a class action lawsuit has been filed against SolarWinds Corporation ("SolarWinds" or the "Company") (NYSE: SWI) and certain of its officers. The class action, filed in the United States District Court for the Western District of Texas, and docketed under 21-cv-00047, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise, acquired publicly traded SolarWinds securities from February 24, 2020 through December 15, 2020, inclusive (the "Class Period"). Plaintiff seeks to recover compensable damages caused by Defendants' violations of the federal securities laws under the Securities Exchange Act of 1934 (the "Exchange Act").
No World Borders, Inc. announced that its CEO, Michael F. Arrigo published an analysis of risk corridors under the Affordable Care Act.
Human rights groups have urged the International Olympic Committee (IOC) to take the Games out of China because of its treatment of Uighur Muslims and other human rights concerns. China denies human rights abuses.
Nilfisk, a leading provider of professional cleaning products and services, is announcing its results for 2020. Full-year 2020 highlights Full-year 2020 results were negatively impacted by the challenging environment created by the COVID-19 pandemic Revenue for the total business amounted to 832.9 mEUR, corresponding to reported growth of -13.8% compared with the previous year Organic growth for the total business was -11.5%. After a significant drop in revenue in the second quarter, demand improved quarter over quarter in the second half of the yearIn the branded professional business organic growth across geographies was -13.7% with a faster demand recovery in EMEA and the Americas and slower demand recovery in APAC. Organic growth for Consumer was 15.7% driven by changed patterns in household spending and solid commercial execution, and organic growth for Private label was -11.3%EBITDA before special items amounted to 100.5 mEUR, down by 17.2 mEUR driven by the decrease in revenue Because of disciplined cost control measures and a successful execution of our restructuring program to lower the structural cost base, the EBITDA margin before special items remained stable at 12.1%Special items were significantly lower versus previous year at 10.8 mEUR and are mainly related to redundancy costsProactive cash management and CAPEX reduction and prioritization contributed to free cash flow generation of 73.5 mEUR, compared to 35.3 mEUR in the previous year Outlook for 2021 We come from a situation where we have seen demand improving quarter over quarter in the second half of 2020, however, moving into 2021, there has been an increase in lockdowns and restrictions across markets as a result of the continued outbreak of COVID-19. With the roll-out of vaccines across markets we expect a more normalized environment during the second half of the year, but we see, however, continued uncertainty for market conditions in the year. We expect the total business in 2021 to generate organic growth of 5% to 10% compared to 2020, based on the market demands trends that we are experiencing and on the overall expected economic recoveryWith our continued focus on cost discipline and revenue growth as described above, we expect EBITDA margin before special items to stay in the range of 12.5%-14.5% CEO comment Commenting on the results, Hans Henrik Lund, CEO of Nilfisk, says: “The year 2020 was a year nobody could have foreseen, and at Nilfisk we were deeply affected by the COVID-19 situation. Thanks to a stellar effort from the Nilfisk workforce across all functions, we stayed fully operational during the pandemic and were able to service our customers. Even though market activity picked up after a steep drop in the beginning of the year, demand did not reach the level from before the pandemic resulting in negative organic growth. This means that 2020 did not materialize as we had anticipated. Through our efforts to tightly manage costs in combination with lowering our structural cost base, we have kept our margins in line with last year despite the revenue drop. In spite of continued uncertainty in the marketplace we are planning for increased market activity and expect to restore growth in 2021.” Key figures FY 2020 FY 2019 Q4 2020 Q4 2019 Revenue (mEUR) 832.9 966.5 220.2 233.8 Organic growth -11.5% -4.1% -2.1% -6.3% Gross margin 41.6% 42.1% 42.4% 40.1% EBITDA before special items (mEUR) 100.5 117.7 30.9 25.2 EBITDA margin before special items 12.1% 12.2% 14.0% 10.8% EBIT before special items (mEUR) 32.9 49.8 12.1 7.2 EBIT margin before special items 4.0% 5.2% 5.5% 3.1% Conference call Nilfisk will host a conference call today at 10:00 CET. Please visit investor.nilfisk.com to access the call. Presentation materials will be available on the website prior to the conference call. To dial in, please use the following numbers: Denmark: +45 8233 3194UK: +44 333 300 9269US: +1 833 526-8395 Link to webcast: https://streams.eventcdn.net/nilfisk/annual-result-2020/ Contact Investor RelationsAntonio TapiaHead of Investor Relations T: +45 2220 1218 Media Relations Sara Westphal EmborgGlobal Media RelationsT: +45 2222 8577 Attachments Nilfisk-Annual-Report_2020 Nilfisk_CSR-report_2020 03 Announcement_03032021_Annual Results 2020
(Bloomberg) -- Masayoshi Son has come to dominate Silicon Valley. Now his company is increasingly dominating Japan’s markets, with SoftBank Group Corp. rising to become the largest-weighted stock on the country’s Topix index.SoftBank pulled ahead of Toyota Motor Corp. in pole position on the benchmark gauge last week, and sat as the highest weighting, albeit by a fraction, as of market close on Wednesday. That’s ended an almost 13-year streak for the automaker as the largest stock on the index, according to data compiled by Bloomberg.The change is further evidence of SoftBank’s own winning run. While Toyota trades little changed in 2021, SoftBank stock is up over 30%, rallying past a two-decade record to a new high, backed by a surging stock market which has lifted the value of its portfolio companies.Masayoshi Son Just Pushed SoftBank Shares Past Dot-Com PeakToyota, meanwhile, has been impacted by production outages due to earthquakes in Japan and freezing temperatures in the U.S., concerns over the global semiconductor shortage, and fears it’s losing out in the red-hot electric vehicle market.“It’s good news for the Japanese equity market, which has traditionally been dominated by manufacturers that have very low valuation,” said Mitsushige Akino, a senior executive officer at Ichiyoshi Asset Management Co. “If Toyota continued to remain the top weight, then there’s limit to how high the index can go. It’s a historic turning point.”Shares of SoftBank rose 2.1% on Wednesday, beating a 0.5% gain in the Topix gauge and a 0.6% advance in Toyota’s stock.Changing TimesAnother reason for SoftBank’s dominance is the makeup of the Topix. The index is weighted by market value, where Toyota still dominates. But that value is adjusted by a “free-float weight ratio,” based on the number of shares actually available to be traded in the market. The opaque measurement ignores stock that’s locked up by major shareholders, treasury stock or cross-shareholdings held by units or firms with business dealings.A recent review in January trimmed Toyota’s ratio to 50% from more than 55%, with Keiichi Ito, chief quants analyst at SMBC Nikko Securities Inc., noting that Toyota is impacted by its vast series of cross-shareholdings. SoftBank has a ratio of 60%.SoftBank’s dominance in Japan’s markets is becoming more pronounced. It’s the second-largest weighting on the Nikkei 225 Stock Average after Fast Retailing Co., as well as the second most valuable company in the country by market value.“Changing times demand different companies,” said Ito.With Toyota having lost its crown as the world’s most valuable automaker to Tesla Inc. last summer, it may soon discover that SoftBank also outranks it in Japan too. While SoftBank’s market value trails Toyota’s 25.9 trillion yen valuation by around 4 trillion yen, that gap has narrowed by more than two-thirds in the past year.(Adds Akino’s comment in the fifth paragraph, updates prices throughout.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.
Attorney General Christian Porter says he strongly rejects an allegation he raped a girl in 1988.
During the second night of The Voice's Season 20 blind auditions Tuesday, all four coaches were facing off for the only four-chair turn of the night – 21-year-old contestant Zae Romeo. Prior to Zae's audition, Nick Jonas was having a hard time snagging another team member, especially when Blake Shelton blocked him from the first contestant of the night. However, things were turning around for the JoBro when Zae, whose heartbreaking backstory of growing up in the foster care system, and ultimately running away from home once he and his siblings were adopted, moved the coaches and viewers at home with his cover of "Falling" by Harry Styles. "That was spiritual," Nick told Zae. "The way you approach the higher part of your register, the vulnerability of the softer moments. The performance was phenomenal, and it really touched me. So, please, please, please come to Team Nick." While Nick, Blake, Kelly Clarkson and John Legend all put up a good fight, in the end, Zae chose Team Nick. "After a couple of heartbreaks, it was nice to get this four-chair turn. My team is taking shape in the most incredible way because I couldn't have planned all these really different voices and genres that we're tapping into," stated Nick.
Green Bay Packers General Manager Brian Gutekunst said Tuesday that he expects outside linebacker Preston Smith to remain with the team for next season. “Preston has played a lot of really good football for us, and certainly we’d like to have him back next year. He’s under contract, so we certainly expect him to be [more]
The United States based Stanford University has recently released a list representing the top 2% of the most-cited scientists in various disciplines. Sunway University is pleased to share that six researchers from the university were ranked among the top 2% of scientists in the world.
The residents of the largest US state will not follow the mask mandate from 10 March
Fifty years ago, Jimmy Page played his new, eight-minute opus for an underwhelmed Belfast audience. Soon, it would be one of the biggest songs in the world. Mark Beaumont looks back at the song, its origins and its legacy
The U.S. state of Michigan on Tuesday announced a loosening of its coronavirus restrictions, allowing larger gatherings and easing limits on capacity for restaurants and other businesses. The revised state health department order will take effect on Friday and last through to April 19. Restrictions on inside seating for restaurants and bars will be raised to 50% of capacity, or a maximum 100 people, from 25%, the order of the state's health department said.
BOUSSARD & GAVAUDAN HOLDING LIMITED Ordinary Shares The Directors of Boussard & Gavaudan Holding Limited would like to announce the following information for the Company. Close of business 02 Mar 2021. Estimated NAV Euro SharesSterling SharesEstimated NAV€ 26.4308£ 23.0870Estimated MTD return 0.24 % 0.24 %Estimated YTD return 1.91 % 1.40 %Estimated ITD return 164.31 % 130.87 % NAV and returns are calculated net of management and performance fees Market information Euro SharesAmsterdam (AEX)London (LSE)Market Close€ 21.30N/APremium/discount to estimated NAV -19.41 %N/A Sterling SharesAmsterdam (AEX)London (LSE)Market CloseN/AGBX 1,800.00Premium/discount to estimated NAVN/A -22.03 % Transactions in own securities purchased into treasury Ordinary Shares Euro SharesSterling SharesNumber of sharesN/AN/AAverage PriceN/AN/ARange of PriceN/AN/A Liquidity Enhancement AgreementEuro SharesSterling SharesNumber of sharesN/AN/AAverage PriceN/AN/A BGHL Capital BGHL Ordinary SharesEuro SharesSterling SharesShares Outstanding 13,045,769 294,494Held in treasury 150,000N/AShares Issued 13,195,769 294,494 Estimated BG Fund NAV Class B Euro Shares (estimated)€ 222.1698Class GBP A Shares (estimated)£ 122.4234 The Class B Euro Shares of BG Fund are not subject to investment manager fees, as the Investment Manager receives management fees and performance fees in respect of its role as Investment Manager of BGHL. For further information please contact: Boussard & Gavaudan Investment Management, LLP. Emmanuel Gavaudan +44 (0) 20 3751 5389 Email : info@bgam-uk.com The Company is established as a closed-ended investment company domiciled in Guernsey. The Company has received the necessary approval of the Guernsey Financial Services Commission and the States of Guernsey Policy Council. The Company is registered with the Dutch Authority for the Financial Markets as a collective investment scheme pursuant to article 2:73 in conjunction with 2:66 of the Dutch Financial Supervision Act (Wet op het financieel toezicht). The shares of the Company (the "Shares") are listed on Euronext Amsterdam. The Shares are also listed on the Official List of the UK Listing Authority and admitted to trading on the London Stock Exchange plc's main market for listed securities. This is not an offer to sell or a solicitation of any offer to buy any securities in the United States or in any other jurisdiction. This announcement is not intended to and does not constitute, or form part of, any offer or invitation to purchase any securities or the solicitation of any vote or approval in any jurisdiction, nor shall there be any sale, issuance or transfer of the securities referred to in this announcement in any jurisdiction in contravention of applicable law. Neither the Company nor BG Fund ICAV has been, and neither will be, registered under the US Investment Company Act of 1940, as amended (the "Investment Company Act"). In addition the securities referenced in this announcement have not been and will not be registered under the US Securities Act of 1933, as amended (the "Securities Act"). Consequently any such securities may not be offered, sold or otherwise transferred within the United States or to, or for the account or benefit of, US persons except in accordance with the Securities Act or an exemption therefrom and under circumstances which will not require the issuer of such securities to register under the Investment Company Act. No public offering of any securities will be made in the United States. You should always bear in mind that: all investment is subject to risk; results in the past are no guarantee of future results; the investment performance of BGHL may go down as well as up. You may not get back all of your original investment; and if you are in any doubt about the contents of this communication or if you consider making an investment decision, you are advised to seek expert financial advice. This communication is for information purposes only and the information contained in this communication should not be relied upon as a substitute for financial or other professional advice. Attachment Daily NAV - BgHL
BOUSSARD & GAVAUDAN HOLDING LIMITED Ordinary Shares The Directors of Boussard & Gavaudan Holding Limited would like to announce the following information for the Company. Close of business 02 Mar 2021. Estimated NAV Euro Shares Sterling Shares Estimated NAV € 26.4308 £ 23.0870 Estimated MTD return 0.24 % 0.24 % Estimated YTD return 1.91 % 1.40 % Estimated ITD return 164.31 % 130.87 % NAV and returns are calculated net of management and performance fees Market information Euro Shares Amsterdam (AEX) London (LSE) Market Close € 21.30 N/A Premium/discount to estimated NAV -19.41 % N/A Sterling Shares Amsterdam (AEX) London (LSE) Market Close N/A GBX 1,800.00 Premium/discount to estimated NAV N/A -22.03 % Transactions in own securities purchased into treasury Ordinary Shares Euro Shares Sterling Shares Number of shares N/A N/A Average Price N/A N/A Range of Price N/A N/A Liquidity Enhancement Agreement Euro Shares Sterling Shares Number of shares N/A N/A Average Price N/A N/A BGHL Capital BGHL Ordinary Shares Euro Shares Sterling Shares Shares Outstanding 13,045,769 294,494 Held in treasury 150,000 N/A Shares Issued 13,195,769 294,494 Estimated BG Fund NAV Class B Euro Shares (estimated) € 222.1698 Class GBP A Shares (estimated) £ 122.4234 The Class B Euro Shares of BG Fund are not subject to investment manager fees, as the Investment Manager receives management fees and performance fees in respect of its role as Investment Manager of BGHL. For further information please contact: Boussard & Gavaudan Investment Management, LLP. Emmanuel Gavaudan +44 (0) 20 3751 5389 Email : info@bgam-uk.com The Company is established as a closed-ended investment company domiciled in Guernsey. The Company has received the necessary approval of the Guernsey Financial Services Commission and the States of Guernsey Policy Council. The Company is registered with the Dutch Authority for the Financial Markets as a collective investment scheme pursuant to article 2:73 in conjunction with 2:66 of the Dutch Financial Supervision Act (Wet op het financieel toezicht). The shares of the Company (the "Shares") are listed on Euronext Amsterdam. The Shares are also listed on the Official List of the UK Listing Authority and admitted to trading on the London Stock Exchange plc's main market for listed securities. This is not an offer to sell or a solicitation of any offer to buy any securities in the United States or in any other jurisdiction. This announcement is not intended to and does not constitute, or form part of, any offer or invitation to purchase any securities or the solicitation of any vote or approval in any jurisdiction, nor shall there be any sale, issuance or transfer of the securities referred to in this announcement in any jurisdiction in contravention of applicable law. Neither the Company nor BG Fund ICAV has been, and neither will be, registered under the US Investment Company Act of 1940, as amended (the "Investment Company Act"). In addition the securities referenced in this announcement have not been and will not be registered under the US Securities Act of 1933, as amended (the "Securities Act"). Consequently any such securities may not be offered, sold or otherwise transferred within the United States or to, or for the account or benefit of, US persons except in accordance with the Securities Act or an exemption therefrom and under circumstances which will not require the issuer of such securities to register under the Investment Company Act. No public offering of any securities will be made in the United States. You should always bear in mind that: all investment is subject to risk; results in the past are no guarantee of future results; the investment performance of BGHL may go down as well as up. You may not get back all of your original investment; and if you are in any doubt about the contents of this communication or if you consider making an investment decision, you are advised to seek expert financial advice. This communication is for information purposes only and the information contained in this communication should not be relied upon as a substitute for financial or other professional advice. Attachment Daily NAV - BgHL
Lannion, March 3, 2021 – 7:30am AGREEMENT SIGNED TO ACQUIRE THE SAAB GROUP’S DEFENSE LASER RANGEFINDER BUSINESS LUMIBIRD, the European leader for laser technologies, has signed an agreement with the Swedish company Saab to acquire its defense laser rangefinder business. This acquisition will contribute to consolidating the Lumibird Group’s position on the European defense market. Lumibird is announcing today that it has signed an agreement with Saab with a view to acquiring its defense laser rangefinder business, based in Gothenburg (Sweden), represents over €10m of revenues based on the year ended December 31, 2020. If this acquisition goes ahead, Lumibird will be able to offer its European Defense sector clients a wider selection of lasers and rangefinders, from short to long range, with increased market coverage. This acquisition will also open up immediate access for all the products to a broader panel of European clients. The acquisition of this business, which Lumibird has known as a key component supplier for Saab for over 15 years, represents a first step towards a consolidation of the European defense lasers and rangefinders market, and is fully aligned with the Lumibird Group’s 2021-2023 strategic plan. This acquisition is subject to various conditions precedent, in particular the obtention of the required approvals from the regulatory authorities. The transaction is expected to be finalized for the first half of 2022. Next date: 2020 full-year earnings on March 16, 2021 (after close of trading) LUMIBIRD is one of the world's leading specialists in lasers. With 50 years of experience and a mastering of solid state laser, laser diodes and fiber laser technologies, the Group designs, manufactures and markets high performance lasers for scientific (laboratories and universities), industrial (manufacturing, defense, Lidar sensors) and medical (ophthalmology) markets. Born from the combination of Keopsys Group with Quantel in October 2017, LUMIBIRD has more than 800 employees and over €126 million of consolidated revenues in 2020 and is present in Europe, America and Asia. LUMIBIRD shares are listed on the Euronext Paris B Compartment. FR0000038242 – LBIRD www.lumibird.com Contacts LUMIBIRDMarc Le FlohicChairman and CEOTel. +33(0) 1 69 29 17 00info@lumibird.com LUMIBIRDAude Nomblot-GourhandSecretary General – CFOTel. +33(0) 1 69 29 17 00info@lumibird.com CalyptusMathieu CalleuxInvestors RelationsTel. +33(1) 53 65 37 91lumibird@calyptus.net Attachment 20210303Lumibird_SAAB_EN
Pomerantz LLP announces that a class action lawsuit has been filed against QuantumScape Corporation f/k/a Kensington Capital Acquisition Corp. ("Kensington") ("QuantumScape" or the "Company") (NYSE: QS) and certain of its officers. The class action, filed in the United States District Court for the Northern District of California, and docketed under 21-cv-00150, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise, acquired QuantumScape securities between November 27, 2020 and December 31, 2020, inclusive (the "Class Period"). Plaintiff pursues claims against the Defendants under the Securities Exchange Act of 1934 (the "Exchange Act").
SANOMA CORPORATION MANAGERS' TRANSACTIONS 3 MARCH 2021 Sanoma Corporation - Managers' Transactions____________________________________________ Person subject to the notification requirementName: Susan DuinhovenPosition: Chief Executive OfficerIssuer: Sanoma CorporationLEI: 743700XJC24THUPK0S03 Notification type: INITIAL NOTIFICATIONReference number: 743700XJC24THUPK0S03_20210301143105_4____________________________________________ Transaction date: 2021-03-02Venue not applicableInstrument type: SHAREISIN: FI0009007694Nature of the transaction: RECEIPT OF A SHARE-BASED INCENTIVE OR REMUNERATION Transaction details(1): Volume: 100,819 Unit price: NaN N/A Aggregated transactions(1): Volume: 100,819 Volume weighted average price: N/A Sanoma Sanoma is an innovative and agile learning and media company impacting the lives of millions every day. Our learning products and services enable teachers to develop the talents of every child to reach their full potential. We offer printed and digital learning content as well as digital learning and teaching platforms for primary, secondary and vocational education, and want to grow our business across Europe. Our Finnish media provide independent journalism and engaging entertainment also for generations to come. Our unique cross-media position offers the widest reach and tailored marketing solutions for our business partners. Today, we operate in eleven European countries and employ close to 5,000 professionals. In 2020, our net sales amounted to approx. 1.1bn€ and our operational EBIT margin excl. PPA was 14.7%. Sanoma shares are listed on Nasdaq Helsinki. More information is available at www.sanoma.com.
Oscar-winning director Danis Tanovic (“No Man’s Land”) has boarded the high-end comedy-drama series “Frust,” which is currently being developed by Serbia’s Firefly Prods. and Hungary’s Joyrider. The six-episode series follows a young writer struggling for recognition. The writer suddenly becomes a local celebrity after accidentally shooting a petty criminal who’s been terrorizing his neighborhood. Production […]
The Serious Fraud Office has questioned two further people over the collapse of London Capital & Finance, the agency has announced. In a statement, the organisation said: “On 5 March and 15 December 2020, two further individuals in the Kent area were interviewed for money laundering in connection with the LCF investigation.” LCF collapsed in 2019 after raising £236 million from more than 10,000 mostly elderly savers.
London shrugs off Wall Street falls
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