School bus manufacturer Blue Bird Corporation, with its commitment to move bus fleets to clean-power solutions, has now exceeded 400 electric-powered school buses delivered or on order. With momentum building, electric-bus sales are expected to increase further before the end of 2021.
Corsair M360 introduces HENOTIC™ API Management Platform to deliver next-generation capabilities for digital integration.
CALGARY, Alberta, March 01, 2021 (GLOBE NEWSWIRE) -- Canoe Financial (“Canoe”) announced today it has partnered with Fiera Comox Partners (“Fiera Comox”), an affiliate of Fiera Capital Corporation (TSX – FSZ), to launch Canoe Global Private Equity Fund. Canoe Global Private Equity Fund is a comprehensive private equity solution that offers Canadian investors access to an institutional asset class in an innovative open-end structure. Fiera Comox currently manages over $1 billion in AUM in alternative assets for institutional and private clients. The leadership team is well-entrenched in the private equity market with a successful track record of managing multi-billion dollar private equity portfolios for large private equity firms, pension funds and sovereign wealth funds. “Canoe’s partnership with Fiera Comox further strengthens our global equity line up and provides access to a highly sought after asset class for accredited investors. We continue to grow and offer products to meet the evolving needs of Canadians,” said Darcy Hulston, President and Chief Executive Officer, Canoe Financial. “We have collectively leveraged Canoe’s expertise and feedback received from the advisor community to create Canoe Global Private Equity Fund, and are delighted to bring this unique solution to the retail market,” said Patrick Lynch, Partner and Head of Private Equity, Fiera Comox Partners. Canoe Global Private Equity Fund is available to accredited investors who meet the required investment minimum. About Canoe Financial Canoe Financial is one of Canada’s fastest growing independent mutual fund companies managing over $9.0 billion in assets across a diversified range of award-winning investment solutions. Founded in 2008, Canoe Financial is an employee-owned investment management firm focused on building financial wealth for Canadians. Canoe Financial has a significant presence across Canada, including offices in Calgary, Toronto and Montreal. About Fiera Comox Fiera Comox Partners is a global investment manager that manages private investment strategies in Private Equity, Agriculture and Private Credit. As of March 1, 2021, Fiera Comox manages over $1 billion in AUM. Established in 2016, Fiera Comox is jointly owned by Fiera Capital Corporation and the employees of Fiera Comox. The firm aims to deliver attractive long-term returns to its investors while preserving capital and investing responsibly. www.fieracomox.com. About Fiera Capital Corporation Fiera Capital is a leading independent global asset management firm with approximately C$180.2 billion in assets under management as of December 31, 2020. The Company provides institutional, financial intermediary and private wealth clients with access to full-service integrated money management solutions across traditional and alternative asset classes. Fiera Capital’s depth of expertise, diversified investment platform and commitment to delivering outstanding service are core to our mission of being at the forefront of investment management science to create sustainable wealth for clients. Fiera Capital trades under the ticker FSZ on the Toronto Stock Exchange. www.fieracapital.com. Headquartered in Montreal, Fiera Capital, with its affiliates in various jurisdictions, has offices in over a dozen cities around the world, including New York (U.S.), London (UK), and Hong Kong (SAR). In the U.S., asset management services are provided by the Company’s U.S. affiliates who are investment advisers that are registered with the U.S. Securities and Exchange Commission (SEC) or exempt from registration. Registration with the SEC does not imply a certain level of skill or training. For details on the particular registration of, or exemptions therefrom relied upon by, any Fiera Capital entity, please consult this webpage. Additional information about Fiera Capital Corporation, including the Company's annual information form, is available on SEDAR at www.sedar.com. Further Information Investor Relations1–877–434–2796www.canoefinancial.cominfo@canoefinancial.com Disclaimer Not for distribution to U.S. Newswire Services or for dissemination in the United States of America. Canoe Global Private Equity Fund is offered pursuant to an offering memorandum and is only available to investors who meet certain eligibility or minimum purchase amount requirements under applicable securities legislation. Only the contents of the Offering Memorandum can be relied upon. Canoe Global Private Equity Fund is only available for sale to investors who meet the definition of “accredited investor” or non-individuals who will be investing a minimum of $150,000 as set forth in National Instrument 45-106 Prospectus and Registration Exemptions.
Templeton Global Income Fund [NYSE: GIM] today announced a monthly distribution from net investment income of $0.0160 per share, payable on March 31, 2021, to shareholders of record on March 15, 2021 (Ex-Dividend Date: March 12, 2021).
Canadian media company Torstar Corp said it plans to launch an online casino betting brand this year, after the 2020 Ontario budget promised licenses to private operators to run businesses in the regulated online gaming market. The company's co-owner Paul Rivett said on Monday the move would help support the growth and expansion of quality community-based journalism. Torstar began publishing newspapers in 1892 and is the publisher of the Toronto Star, Canada's largest daily newspaper.
Shares of Boingo Wireless (NASDAQ: WIFI) have skyrocketed today, up by 24% as of 12:15 p.m. EST, after the company reported fourth-quarter earnings. The results were less relevant than news that Boingo Wireless is going private in an $854 million deal. The telecommunications company said it has been focused in managing its expenses in order to improve profitability, allowing it to boost adjusted EBITDA modestly despite the decrease in sales.
‘Coming through the challenges on this tour has given me a lot of confidence’
IntelePeer Appoints Chris Botting as New Chief Product Officer
Shares of Ideanomics (NASDAQ: IDEX) have popped today, up by 17% as of 11:50 a.m. EST, after the company filed for a $150 million stock offering. Ideanomics is tapping Roth Capital Partners as its agent to sell stock. The shares are being offered pursuant to a shelf registration that Ideanomics had previously filed.
Last September, in the arid hills of northern Nevada, a cluster of flowers found nowhere else on earth died mysteriously overnight. Conservationists were quick to suspect ioneer Ltd, an Australian firm that wants to mine the lithium that lies beneath the flowers for use in electric vehicle (EV) batteries. One conservation group alleged in a lawsuit that the flowers, known as Tiehm's buckwheat, were "dug up and destroyed."
According to analyst Ming-Chi Kuo, the 2021 iPhone won't feature a drastically different design than its predecessor but could come with a smaller notch.
(Bloomberg) -- Big bank stocks regained their footing on Monday, with a fresh crop of analysts expressing bullish views on the industry’s prospects amid rebounding economic growth.The KBW Bank Index rose as much as 3.2% after shedding more than 5% in a two-day selloff as optimism about widespread vaccination, more government spending and a strengthening economy had turned into fear that rising bond yields and inflation would take a toll on companies and consumers.That concern eased on Monday as yields stabilized, allowing investors to turn their attention once again to the benefits of more stimulus and the potential end of lockdowns. Morgan Stanley raised big bank price targets and lifted estimates, with analyst Betsy Graseck noting that the economy appeared poised to break out due to Covid-19 vaccine distribution and new stimulus.She cited expectations for 10-year Treasury yields at 1.70% by year end, the resumption of buybacks and better credit, while flagging State Street Corp., Synchrony Financial, and Citigroup Inc. as top picks. State Street rose as much as 4.8% in Monday trading, heading toward its biggest advance since Jan. 6. Synchrony added 3.8% and Citigroup climbed as much as 5%. Jefferies strategists also highlighted potential share repurchases in recommending banks and energy stocks.Plus, bank stocks are the cheapest group in the S&P 500, while they’re set for rising earnings, according to Wells Fargo analyst Mike Mayo.“What’s not to like?” Mayo said in a phone interview, reiterating the three recent turning points he’s seen for banks: The efficacy of Pfizer’s Covid-19 vaccine in November; the Federal Reserve allowing for more buybacks in December, and January’s Georgia Senate elections, which paved the way for more government stimulus.Banks’ price-to-book ratios were at an all-time low until the Pfizer vaccine results, he noted, and are still in the bottom quartile among S&P 500 companies, he said.“Valuation for the big six banks has returned to pre-pandemic levels in terms of price-tangible book value,” Bloomberg Intelligence analyst Alison Williams said. She cited robust capital markets as helping the banks’ near-term return-on-equity prospects, while rising interest rates and better loan demand may be key in the second half of this year.JPMorgan Chase & Co. added as much as 2.2% on Monday, while Bank of America Corp. gained as much as 3.1% and Goldman Sachs Group Inc. climbed as much as 3.2%.Last week, Credit Suisse‘s Susan Roth Katzke wrote about the optimism of bank executives who spoke at the firm’s financial services conference, while noting flagged tepid lending as the post-pandemic recovery had yet to unfold.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.
Accelerate Learning names Philip Galati as President and CEO. He replaces Dr. Vernon Johnson who is retiring.
Tesla (NASDAQ: TSLA) stock got slammed on Thursday, falling 8% after Bloomberg reported a temporary production shutdown at the electric-car maker's Fremont Model 3 production line. The selling continued into Friday, with Tesla stock slipping another 1% -- but on Monday, things already seem to be perking back up. Tesla shares were up 5.8% at 11:45 a.m. EST.
In its recent stock exchange announcement, AS Tallink Grupp (hereinafter: “Tallink”) announced that it has filed a claim against AS Tallinna Sadam (hereinafter: “Tallinna Sadam”) in the amount of EUR 15.4 million on 01.03.2021 and the submitted claim includes fees paid by AS Tallink Grupp in 2017, 2018 and 2019. Tallinna Sadam has not received the claim yet. In the opinion of Tallinna Sadam, the claim filed by Tallink for compensation of allegedly unfair port dues is unreasonable and Tallinna Sadam intends to stand up for the sustainability of the company and the interests of its shareholders. The port dues established by Tallinna Sadam for passenger ships are most competitive in the Baltic Sea region, being still lower than the comparable dues of the ports of Helsinki and Stockholm. Whereas Tallinna Sadam offers a modern port service based on high-quality infrastructure and innovative solutions. Tallinna Sadam has a long-term and transparent pricing policy, the current level of charges for passenger vessels has been valid since 2016 and they have not been indexed despite the increase in consumer prices. Tallinna Sadam also has no special off-the-price-list agreements with passenger ship operators. The management of Tallinna Sadam has been holding price negotiations with Tallink to reach an agreement on the port dues established for passenger ships, but Tallink's demands so far have been unreasonable and clearly harmful to the financial interests of Tallinna Sadam. Additional comments can be shared after receiving and reviewing the statement of claim and the arguments thereon. Tallinna Sadam is ready to continue to resolve the matter by compromise. Tallinna Sadam is one of the largest cargo- and passenger port complexes in the Baltic Sea region, which serves annually 10 million passengers and 20 million tons of cargo in average. In addition to passenger and freight services, Tallinna Sadam group also operates in shipping business via its subsidiaries – OÜ TS Laevad provides ferry services between the Estonian mainland and the largest islands, and OÜ TS Shipping charters its multifunctional vessel Botnica for icebreaking and construction services in Estonia and offshore projects abroad. Tallinna Sadam group is also a shareholder of an associate AS Green Marine, which provides waste management services. According to unaudited financial results, the group’s sales in 2020 totalled EUR 107.4 million, adjusted EBITDA EUR 58.4 million and profit EUR 28.5 million. Additional information: Sirle ArroHead of Marketing and CommunicationTel. +372 513 0979E-mail: s.arro@ts.ee
Franklin Street Properties Corp. ("FSP", "its", "our" or "we") (NYSE American: FSP), a real estate investment trust (REIT), announced today that it entered into a lease amendment with existing tenant CITGO Petroleum Corporation at its Eldridge Green property in Houston, Texas. The amendment extends the primary term of CITGO’s approximately 250,000 square foot headquarters lease by approximately 11 years, from February 28, 2022 to March 31, 2033.
The Pfizer and AstraZeneca vaccines are more than 80% effective at preventing hospitalisations from COVID-19 in those over 80 after one dose of either shot, Public Health England (PHE) said on Monday, citing a pre-print study. PHE said the real world study, with data generated from Britain's vaccine rollout, also found that protection against symptomatic COVID in those over 70 ranged between 57-61% for one dose of Pfizer-BioNTech's vaccine and between 60-73% for the Oxford-AstraZeneca one four weeks after the first shot. "These results may also help to explain why the number of COVID admissions to intensive care units among people over 80 in the UK have dropped to single figures in the last couple of weeks, which is something I know that we all welcome," health minister Matt Hancock said at a news conference.
Spinner Jack Leach said on Monday England are not obsessed by the state of the pitches in India but are keen to learn from their two-day defeat before the final Test starts this week.
Joakim Noah spent 13 seasons in the NBA.
2020 became known as the “Year of the SPAC “as the structure gained institutional support while shattering IPO and M&A records. But with success comes fresh challenges. For those considering launching new SPACs, it may become harder to entice IPO investors who have a myriad of choices and the cost of insurance can be difficult […]
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