Watching NFL coaches punt in the 4th quarter has been very frustrating. Minty Bets of Yahoo Sportsbook has to talk about it.
The bank maintained its bullish outlook for oil prices in the second half of the year but said emerging risks from growing coronavirus cases in China and the fading of such transitory factors could lead to near-term pullbacks. It sees WTI crude prices averaging $52 per barrel and Brent prices at $55 a barrel. COVID-19 cases have climbed in China, casting a pall over demand prospects in the world's largest energy consumer, the main pillar of strength for global oil consumption.
European Union foreign ministers on Monday debated the 27-nation bloc’s response to the arrest of Russian opposition leader Alexei Navalny and a weekend police crackdown that saw thousands taken into custody during protests in support of President Vladimir Putin’s most well-known critic. “This wave of detention is something that worries us a lot, as well as the detention of Mr Navalny,” EU foreign policy chief Josep Borrell said as he arrived to chair the ministerial meeting in Brussels.
Investors remained cautious that stricter lockdown restrictions for longer would raise the prospect of longer-term economic damage.
Online fashion giant Asos confirmed it is 'in exclusive discussions' with the administrators of Sir Philip Green’s Arcadia empire.
The third annual Guangdong-Hong Kong-Macao Greater Bay Area ("GBA") Leading Biotech 50 Awards Ceremony and Biotech Innovation and Development Summit ("the Summit") was recently held in Nansha, Guangzhou, where the list of the top 50 innovative biotech companies in the region ("Biotech 50 List") was announced. The event, organised by Sino-Inno Lab and KPMG China and hosted by Guangdong Medical Valley, attracted more than 400 delegates from the government, investment institutions, biotech enterprises, scientific research institutions and the media.
The global in vitro diagnostics market size is expected to reach USD 113.9 billion by 2027, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 4.5% from 2021 to 2027. The growth is driven by the growing geriatric population and technological advancements in diagnostics that are supporting its adoption.Technological advancements in terms of accuracy, portability, and cost-effectiveness are expected to be one of the high impact rendering drivers of this market. For instance, in June 2017, Agena Bioscience launched the MassARRAY system integrated with CHIP Prep Module in Europe. The system was marketed as a CE-IVD product under Directive 98/79/EC. Moreover, Real-Time Polymerase Chain Reaction (qPCR) is one of the fastest-growing application segments of the in vitro diagnostics (IVD) market.
Ukraine reopens schools, restaurants and gyms on Monday, ending a tough lockdown introduced on Jan. 8 to prevent a new wave of coronavirus infections, Ukrainian authorities said. The number of new cases of coronavirus infection in Ukraine has significantly decreased from 6,000 to 9,000 cases a day at the beginning of January to 2,516 new cases on January 25, the fewest since early September. "Such statistics, which indicate the stabilisation of the situation, the improvement of the situation could be obtained only thanks to you, Ukrainians," health minister Maksym Stepanov told a televised briefing.
Papering over cracks is not working for Jurgen Klopp – a more radical approach could be needed
Several were hurt in the incident several days ago at the Nathu La pass in Sikkim, Indian media say.
Nepal's caretaker Prime Minister K. P. Sharma Oli was ejected from the country's ruling Communist party on Monday, his opponents said, in protest at his abrupt move in December to dissolve parliament and call for an early general election. The ruling Nepal Communist Party has split over Oli's call for a new parliament to be elected more than a year ahead of schedule on the basis that his colleagues were not cooperating with the government on policy interventions.
Sauber Academy driver Theo Pourchaire will move up to Formula 2 in 2021, becoming ART Grand Prix’s first signing for the new season.
The pure play online giant has made a habit of buying struggling British high street retailers at knockdown prices, and moving their businesses online.
Scientists suspect the homegrown strain is likely linked to the case surge in Los Angeles County.
Singer’s second album is best-selling record of 21st century in the UK
‘Please stop, just be rich in private,’ wrote one confused fan
Pre-pandemic loan origination target is achieved, with continued strong growth expected and improving asset quality; P2P balances have also been reduced to zeroSHENZHEN, China, Jan. 25, 2021 (GLOBE NEWSWIRE) -- LexinFintech Holdings Ltd. ("Lexin" or the "Company") (NASDAQ: LX), a leading online consumption and consumer finance platform for new generation consumers in China, is pleased to announce that based on the Company’s preliminary assessment of the current business and market conditions, the Company expects total loan originations for the fiscal year 2021 to be between RMB 220 billion and RMB 230 billion. This is Lexin’s current and preliminary view, which is subject to changes and uncertainties. In addition, Lexin is also pleased to announce that the Company’s 2020 loan originations reached RMB 176.5 billion, achieving the Company’s previously stated guidance. “During the past year, through our comprehensive efforts to innovate throughout our product and service offerings, Lexin overcame the pressures brought about by the ongoing COVID-19 pandemic. We have not only achieved our pre-pandemic loan origination guidance, but also reached a higher level in the quality of our growth and the structure of our revenues,” said Mr. Jay Wenjie Xiao, Lexin’s chairman and chief executive officer. “This year, Lexin will continue to improve our ‘To Bank’ technology services, and expand our customer acquisition, systems construction, operations management and other related initiatives, to enable a more open and constructive environment to create value for our financial institution partners.” “Concurrently, Lexin will fully utilize our now well-established customer and user base, operational knowledge and technology know-how to drive the Company’s expanded efforts in the ‘new consumption’ space,” continued Mr. Xiao, “This year, Lexin will expand the Company’s product offerings to meet and satisfy the needs of an expanded customer and merchant base in more diversified consumption contexts. We believe that these new products and services will give Lexin even greater potential for growth in the future.” “Over 50% of all our new loans as of today are originated under the profit sharing model, and we fully expect this percentage to continue to grow as we continue our transition to a pure operating service model versus a risk-taking model,” said Mr. Craig Yan Zeng, Lexin’s chief financial officer. “We continue to acquire many new customers while growing with our existing customers, and our new products and offerings will help to drive this further, and as a result, we are confident in our ability to continue to grow for the year, and are pleased to announce our guidance for 2021.” “In addition, I’m also pleased to announce that we have now officially reduced to zero the outstanding balance of loans invested by individual investors on our Juzi Licai platform,” continued Mr. Zeng, “Lexin has always been proactive in meeting any potential regulatory changes, and in being fully compliant with the relevant rules and regulations. We will continue to closely monitor the ongoing regulatory environment and take any necessary steps to minimize any potential impact to our business and operations, as we have done with our peer-to-peer business.” “Credit performance and credit quality continue to improve, and all vintages have now stabilized. Our first payment default rate (30 day+)1 for new loan originations have been at below 1% for the past 5 months, and our one-month delinquencies for our key past vintages have peaked,” said Mr. Ryan Huanian Liu, Lexin’s chief risk officer. “Our funding partners recognize this and continue to provide us with ample funding. Today, well over half of our new funding is utilizing the profit sharing model, where our funding partners take on the credit risk of the loans that we originate – representing a clear indication of our stable asset quality and the quality of our loan assets from our funding partners.” 1 Loan balance with first payment day past due 30+ over total loan origination. Please click here to view our credit statistics: 30-day delinquency by vintage http://ml.globenewswire.com/Resource/Download/e5336fa9-9ef5-4142-8e36-83127e66f323 First payment default 30+ for new originations http://ml.globenewswire.com/Resource/Download/fe851e5b-690c-4bee-9ece-22f2346e58f9 Full Year 2020 Operational Highlights: Total loan originations in 2020 reached RMB 176.5 billion, representing an increase of 40% from RMB 126 billion in 2019.Total outstanding principal balance of loans reached RMB 76 billion as of December 31, 2020, representing an increase of 26% from RMB 60.6 billion as of December 31, 2019.Total number of registered users reached 118 million as of December 31, 2020, representing an increase of 61.2% from 73.3 million as of December 31, 2019. About LexinFintech Holdings Ltd.LexinFintech Holdings Ltd. is a leading online consumption and consumer finance platform for new generation consumers in China. The Company provides a range of services including financial technology services, membership benefits, and a point redemption system through its ecommerce platform Fenqile and membership platform Le Card. The Company works with financial institutions and brands both online and offline to provide a comprehensive consumption ecosystem catering to the needs of young professionals in China. Lexin utilizes advanced technologies such as big data, cloud computing and artificial intelligence throughout the Company's services and operations, which include risk management, loan facilitation, and the near-instantaneous matching of users’ funding requests with offers from the Company's many funding partners. For more information, please visit http://ir.lexin.com To follow us on Twitter, please go to: https://twitter.com/LexinFintech. Safe Harbor Statement This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “confident” and similar statements. Among other things, the expectation of its collection efficiency and delinquency, business outlook and quotations from management in this announcement, contain forward-looking statements. Lexin may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the “SEC”), in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about Lexin’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: Lexin’s goal and strategies; Lexin’s expansion plans; Lexin’s future business development, financial condition and results of operations; Lexin’s expectation regarding demand for, and market acceptance of, its credit and investment management products; Lexin’s expectations regarding keeping and strengthening its relationship with borrowers, institutional funding partners, merchandise suppliers and other parties it collaborates with; general economic and business conditions; and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in Lexin’s filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and Lexin does not undertake any obligation to update any forward-looking statement, except as required under applicable law. For investor and media inquiries, please contact: LexinFintech Holdings Ltd. IR inquiries:Tony HungTel: +86 (755) 3637-8888 ext. 6258E-mail: IR@lexin.com Media inquiries:Limin Chen Tel: +86 (755) 3637-8888 ext. 6993E-mail: liminchen@lexin.com SOURCE LexinFintech Holdings Ltd.
It seems the pandemic has enabled Brits to feel more comfortable to bring up the topic of "death" especially among the older generation.
To the Nasdaq Copenhagen 25 January 2021 Prepayments (CK93) Pursuant to s 24 of the Danish Capital Markets Act, Totalkredit A/S hereby publishes prepayment data (CK93) as at 22 January 2021 in the attached file. Furthermore, the data will be distributed in the usual way through Nasdaq Copenhagen. Data on Nykredit and Totalkredit bonds is also available by ISIN code in Excel format on https://www.nykredit.com/en-gb/investor-relations/financial_reporting/prepayments/. For further information about data format and contents, please refer to the Nasdaq website. Questions may be addressed to Morten Bækmand Nielsen, Head of Investor Relations, tel +45 44 55 15 21. Yours sincerely Totalkredit A/S Attachments Prepayments - Totalkredit A_S - 25012021 eordindftk - 25012021
Suominen Corporation’s press release on January 25, 2021 at 10:30. a.m. (EET) Suominen will publish its Q4 and full-year 2020 financial result in a Financial Statement Release on Thursday, February 4, 2021 approximately at 9:30 a.m. (EET). Petri Helsky, President & CEO, and Toni Tamminen, CFO, will present the result in English in an audiocast and a conference call for analyst, investors and media on the same day at 11:00 a.m. (EET). The audiocast can be followed at https://suominen.videosync.fi/2020-q4/register. Recording of the audiocast and the presentation material will be available after the event at suominen.fi. Conference call participants are requested to dial on:Sweden: +46 856 642 651 United Kingdom: +44 333 300 0804 United States: +1 631 913 1422 The confirmation code for joining the conference call is 70949470#. The event cannot be attended on the spot. SUOMINEN CORPORATION Corporate Communications For more information: Emilia Peltola, VP, Communications & IR, tel. +358 10 214 3082 Suominen manufactures nonwovens as roll goods for wipes and other applications. Our vision is to be the frontrunner for nonwovens innovation and sustainability. The end products made of Suominen’s nonwovens, such as wet wipes, feminine care products and swabs, are present in people’s daily life worldwide. Suominen’s net sales in 2019 were EUR 411.4 million and we have nearly 700 professionals working in Europe and in the Americas. Suominen’s shares are listed on Nasdaq Helsinki. Read more at www.suominen.fi. Distribution: Nasdaq Helsinki Ltd. Main media www.suominen.fi
TORM plc (“TORM”) increases its share capital by 7,089 A-shares (corresponding to a nominal value of USD 70.89) as a result of the exercise of a corresponding number of Restricted Share Units. The capital increase is carried out without any pre-emption rights for existing shareholders or others. The new shares have been subscribed for in cash at DKK 43.4 per A-share with a nominal value of USD 0.01 each. The new shares are ordinary shares without any special rights and are negotiable instruments. The new shares give right to dividends and other rights in relation to TORM as of the date of issuance. The new shares are expected to be admitted to trading and official listing on Nasdaq in Copenhagen on 27 January 2021. Transfer restrictions may apply in certain jurisdictions outside of Denmark, including applicable U.S. securities laws. After the capital increase, TORM’s share capital amounts to USD 748,630.20 divided into 74,863,018 A-shares of USD 0.01 each, one B-share of USD 0.01 and one C-share of USD 0.01. A total of 74,863,018 votes are attached to the A-shares. The B-share and the C-share have specific voting rights. CONTACT TORM plcChristopher Everard, General Manager, tel.: +44 203 713 4561Birchin Court, 20 Birchin Lane London, EC3V 9DU, United Kingdom Tel.: +44 203 713 4560 www.torm.com ABOUT TORM TORM is one of the world’s leading carriers of refined oil products. The Company operates a fleet of approximately 80 modern vessels with a strong commitment to safety, environmental responsibility and customer service. TORM was founded in 1889. The Company conducts business worldwide. TORM’s shares are listed on Nasdaq in Copenhagen and on Nasdaq in New York (ticker: TRMD A and TRMD). For further information, please visit www.torm.com. SAFE HARBOR STATEMENTS AS TO THE FUTUREMatters discussed in this release may constitute forward-looking statements. Forward-looking statements reflect our current views with respect to future events and financial performance and may include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and statements other than statements of historical facts. The words “believe,” “anticipate,” “intend,” “estimate,” “forecast,” “project,” “plan,” “potential,” “may,” “should,” “expect,” “pending” and similar expressions generally identify forward-looking statements. The forward-looking statements in this release are based upon various assumptions, many of which are based, in turn, upon further assumptions, including without limitation, management’s examination of historical operating trends, data contained in our records and other data available from third parties. Although the Company believes that these assumptions were reasonable when made, because these assumptions are inherently subject to significant uncertainties and contingencies that are difficult or impossible to predict and are beyond our control, the Company cannot guarantee that it will achieve or accomplish these expectations, beliefs or projections. Important factors that, in our view, could cause actual results to differ materially from those discussed in the forward-looking statements include the strength of the world economy and currencies, general market conditions, including fluctuations in charter hire rates and vessel values, the duration and severity of the COVID-19, including its impact on the demand for petroleum products and the seaborne transportation thereof, the operations of our customers and our business in general, changes in demand for “ton-miles” of oil carried by oil tankers and changes in demand for tanker vessel capacity, the effect of changes in OPEC’s petroleum production levels and worldwide oil consumption and storage, changes in demand that may affect attitudes of time charterers to scheduled and unscheduled dry-docking, changes in TORM’s operating expenses, including bunker prices, dry-docking and insurance costs, changes in the regulation of shipping operations, including actions taken by regulatory authorities, potential liability from pending or future litigation, domestic and international political conditions, potential disruption of shipping routes due to accidents, political events including “trade wars,” or acts by terrorists. In light of these risks and uncertainties, you should not place undue reliance on forward-looking statements contained in this release because they are statements about events that are not certain to occur as described or at all. These forward-looking statements are not guarantees of our future performance, and actual results and future developments may vary materially from those projected in the forward-looking statements. Except to the extent required by applicable law or regulation, the Company undertakes no obligation to release publicly any revisions to these forward-looking statements to reflect events or circumstances after the date of this release or to reflect the occurrence of unanticipated events. Attachment 01-2021 - Capital increase due to RSU exercise - US
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