Congressman says he’s ‘tired of playing defense’ against conspiracy theories and domestic extremism
Rep. Tom Malinowski, D-N.J., says he’s "tired of playing defense" against conspiracy theories and domestic extremism
Samotics, a leading provider of AI-driven predictive analytics, today announces its new brand identity and recent investment.
The majority shareholder of Arco Vara AS („Arco Vara“) OÜ Alarmo Kapital notified stock exchange on 2 March 2021 of a mandatory takeover bid for purchasing all Arco Vara shares. The purchase price is 1,30 euros per share. Arco Vara has issued a total of 8 998 367 registered ordinary shares with a nominal value of 0,70 euros. As at making the takeover bid, OÜ Alarmo held 4 664 242 Arco Vara shares, which totalled approximately 51,8343% of Arco Vara shares and of the total votes represented by the corresponding shares. Additionally, OÜ Alarmo Kapital has subscribed for, but not issued 390 000 Arco Vara shares (the increase of the share capital is pending with the commercial register). When the increase of the share capital is registered, the holding of Alarmo Kapital OÜ will be approximately 53,83% of the share capital. The period for accepting the Bid commences on 2 March 2021 at 10:00 and ends at 31 March 2021 at 16:00 (Estonian time). Payment of the purchase price and transfer of Arco Vara shares shall take place on 7 April 2021. The specific conditions of the takeover bid are submitted in the takeover bid prospectus and the notice of takeover bid. Tiina MalmCFOArco Vara ASTel: +372 614 4630tiina.malm@arcovara.com Attachment Takeover Prospectus Alarmo Kapital - Arco Vara
Norway's Adevinta and U.S. e-commerce group eBay aim to sell three smaller British units in order to obtain regulatory approval for a long-planned tie-up of their global classified ads businesses, the two firms said on Tuesday. Britain's Competition and Markets Authority (CMA) last month said Adevinta and eBay would have to resolve the watchdog's concerns before proceeding with their $9.2 billion deal. In response to the CMA's concerns, Adevinta and eBay proposed to sell each company's primary classifieds operations in Britain, known as Shpock, Gumtree and Motors.co.uk.
State-owned Saudi Arabian Airlines (Saudia) plans to order 70 airliners from Airbus and Boeing, Saudi news outlet Maaal reported on Monday, citing unidentified sources. Saudia is in talks with local banks to raise 11.5 billion riyals ($3.07 billion) to partly finance an order for Airbus A321 narrow-bodied jets and Boeing 777 and 787 Dreamliner wide-bodies, Maaal said. The report did not breakdown how many aircraft of each type Saudia was planning to purchase.
The leading tour operator in the Baltic states AB “Novaturas” is finishing refund process which group-wide amounts to 9.3 million euros. In the first days of March the refunds will reach the last travelers. Refund money have been transferred firstly to those travelers whose trips have been canceled the earliest. In January 2021, reached agreement with the Ministry of Economy and Innovation of the Republic of Lithuania and business guarantee fund “Invega” on additional 1 million 18 thousand euros loan allowed the Company to accelerate the refund process. 4 million euros, which account for 98% of the total amount to be reimbursed in Lithuanian market were refunded to Lithuanian travelers. In Latvia and Estonia, the settlements have been completed, amounting to 1.4 million and 3.9 million euros, respectively. "We have started making first refunds in July 2019. Have to admit that the refund process did not go as smoothly as we had hoped, but we are pleased to have found compromises with the institutions that provided us with incentive measures and that we have settled with our travelers. So far, due to inaccurate information provided in refund requests or reservation forms, 160 reservations have not yet been refunded. We are solving these inaccuracies with the travelers who have submitted those request forms and the money will be refunded as soon as possible”, says Audronė Keinytė, head of “Novaturas” group. About “Novaturas” Group AB “Novaturas” Group is the largest tour operator in the Baltic States, offering summer and winter package holidays in more than 30 destinations worldwide and more than 100 sightseeing routes. In 2019, the group served more than 293 thousand customers. CFOTomas Staškūnas tomas.staskunas@novaturas.lt, +370 687 10426
UPM-Kymmene Corporation Annual Financial Report 2 March 2021 at 9:45 EET UPM Annual Report 2020, Corporate Governance Statement and Remuneration Report published UPM's Annual Report 2020 has been published online at www.upm.com and www.upm.fi. The Annual Report including the company's Financial Statements and the Report of the Board of Directors for the period 1 January - 31 December 2020 is available in English and Finnish on the corporate website. UPM has also published its Corporate Governance Statement 2020 and the Remuneration Report. The Remuneration Report for governing bodies presents the remuneration of the Board of directors and the President and CEO for the financial year 2020. The Remuneration Report 2020 will be presented to the Annual General Meeting 2021. The Corporate Governance Statement and the Remuneration Report are available on the corporate website at www.upm.com/governance (the Investors section under Governance). The Annual Report, the Corporate Governance Statement and the Remuneration Report can be downloaded as PDF files in English and Finnish and they are also attached to this release. In accordance with the European Single Electronic Format (ESEF) reporting requirements, UPM has also published for the first time the Board of Directors' report and the financial statements as an XHTML file. In line with the ESEF requirements, the primary statements of the consolidated financial statements have been labelled with XBRL tags. XBRL tags are not audited. The XHTML file is available on the corporate website in English and Finnish (the Investors section under Reports and presentations). Biofore strategy drives our growth and transformation as a bioeconomy frontrunner. Performance, innovation and responsibility continue to be the cornerstones we build on. The Annual Report 2020 highlights our focus on securing employee safety and ensuring performance in the exceptional circumstances caused by the global pandemic. Our transformative growth projects in Uruguay and in Germany proceeded on budget and on schedule. In 2020, we also committed to UN’s Business Ambition for 1.5°C pledge which aims to limit global temperature rise. UPM can mitigate climate change through climate-positive forestry, significant reductions in carbon dioxide emissions and innovative products that replace fossil materials. Our products respond to growing demand for renewable products and we enable our customers and consumers to make more sustainable choices. Our purpose is to create a future beyond fossils. All material information related to 2020 has been integrated into this one, third-party assured entirety and no separate responsibility report is published. The printed Annual Report will be published on the week beginning on 15 March. The printed report can be ordered at www.upm.com/investors/subscribe-to-the-annual-report/ . Attachments:UPM Annual Report 2020Corporate Governance Statement 2020Remuneration Report UPM-Kymmene CorporationPirkko HarrelaExecutive Vice President, Stakeholder Relations UPM, Media Relations Mon-Fri 9:00-16:00 EETtel. +358 40 588 3284 media@upm.com UPMWe deliver renewable and responsible solutions and innovate for a future beyond fossils across six business areas: UPM Biorefining, UPM Energy, UPM Raflatac, UPM Specialty Papers, UPM Communication Papers and UPM Plywood. As the industry leader in responsibility we are committed to the UN Business Ambition for 1.5°C and the science-based targets to mitigate climate change. We employ 18,000 people worldwide and our annual sales are approximately EUR 8.6 billion. Our shares are listed on Nasdaq Helsinki Ltd. UPM Biofore – Beyond fossils. www.upm.com Follow UPM on Twitter | LinkedIn | Facebook | YouTube | Instagram | #UPM #biofore #beyondfossils Attachments UPM-Annual-Report-2020 UPM-CG-Statement-2020 UPM_Remuneration Report_2020_EN_final
Norway's Adevinta and U.S. e-commerce group eBay aim to sell three smaller British units in order to obtain regulatory approval for a long-planned tie-up of their global classified ads businesses, the two firms said on Tuesday. Britain's Competition and Markets Authority (CMA) last month said Adevinta and eBay would have to resolve the watchdog's concerns before proceeding with their $9.2 billion deal. In response to the CMA's concerns, Adevinta and eBay proposed to sell each company's primary classifieds operations in Britain, known as Shpock, Gumtree and Motors.co.uk.
Pep Guardiola has told his Manchester City stars that they will not play if they naively believe that the Premier League title is already secured this season. The dominant leaders are in the midst of a record-breaking run of form, having sealed their 20th consecutive victory across all competitions against Champions League-chasing West Ham at the Etihad Stadium on Saturday. City’s players could be forgiven for believing that they are on an unstoppable march towards a first Premier League title since 2018-19, with further success possible given that the team are also through to yet another Carabao Cup final against Tottenham and will also compete in the quarter-finals of the FA Cup against Everton and hold a comfortable advantage over Borussia Monchengladbach in the last-16 of the Champions League after a 2-0 win in the ‘away’ leg held in Budapest.
The 23-year-old reality TV star sent fans wild with a sizzling swimsuit snap. See Kylie's 'groovy' green bikini and skirt combo here.
German retail sales tumbled more than expected in January as the COVID-19 lockdown and the withdrawal of a temporary cut in sales tax hit consumer spending in Europe's largest economy, data showed on Tuesday. The Federal Statistics Office said retail sales fell 4.5% on the month in real terms after an upwardly revised decline of 9.1% in December. "This decline can be explained by the ongoing coronavirus lockdown, which meant a closure of many retail stores since Dec. 16, 2020," the statistics office said.
Japan's powerful lower house on Tuesday passed a record $1 trillion budget for the coming financial year, and lawmakers are already debating further stimulus to cope with the economic fallout from the coronavirus pandemic. Like many other nations, Japan has spent heavily to counter the pandemic. The budget for the year beginning in April contains 5 trillion yen ($47 billion) in such emergency reserves and that comes on top of three pandemic-specific economic packages, worth a combined $3 trillion, equivalent to 60% of Japan's GDP.
Five years ago, China under President Xi Jinping pledged to become a football power by 2050. But the financial collapse of the newly crowned Chinese champions raises fresh questions over that lofty goal.
A drunk man who became enraged when prevented from driving home in central west NSW did not mean to kill a friend he pierced through the ribs with a barbecue fork, a jury has been told.Richard "Ricky" Eggins died within one or two minutes when the two-pronged fork pierced his aorta in the early hours of March 2, 2019.
ZM earnings call for the period ending December 31, 2020.
Temenos (SIX: TEMN), the banking software company, today announced that Croí Laighean Credit Union has selected Temenos front-to-back Software-as-a-Service (SaaS) to transform its digital banking. This strategic move from a legacy, on premise system to a community banking solution powered by Temenos SaaS will ensure that Croí Laighean has the technology it needs now and into the future to compete on a level playing field with the big banks and fintech challengers. For Croí Laighean, a strong community presence and the best in digital banking is a winning combination that will help the credit union to differentiate with a service that appeals to members and supports growth.
Amsterdam/’s-Hertogenbosch, the Netherlands, 2 March 2021 In the period from 25 February 2021 until 1 March 2021 Van Lanschot Kempen has repurchased 25,000 of its own shares (depositary receipts for Class A ordinary shares). The shares were repurchased at an average price of €21.61 per share for a total amount of €540,259. These repurchases are part of the share buy-back programme for at most 400,000 of own shares, which was announced on 25 February 2021. The total number of shares repurchased to date is 25,000. More information, including a detailed overview of the repurchase transactions under this programme, is available on www.vanlanschotkempen.com/sharebuyback. Media Relations: +31 20 354 45 85; mediarelations@vanlanschotkempen.com Investor Relations: +31 20 354 45 90; investorrelations@vanlanschotkempen.com About Van Lanschot Kempen Van Lanschot Kempen, a wealth manager operating under the Van Lanschot, Kempen and Evi brand names, is active in Private Banking, Asset Management and Merchant Banking, with the aim of preserving and creating wealth, in a sustainable way, for both its clients and the society of which it is part. Van Lanschot Kempen, listed at Euronext Amsterdam, is the Netherlands’ oldest independent financial services company with a history dating back to 1737. For more information, please visit vanlanschotkempen.com Disclaimer This press release does not constitute an offer or solicitation for the sale, purchase or acquisition in any other way or subscription to any financial instrument and is not a recommendation to perform or refrain from performing any action. This press release is a translation of the Dutch language original and is provided as a courtesy only. In the event of any disparities, the Dutch language version will prevail. No rights can be derived from any translation thereof. Attachment 210301 Share buy-back programme weekly press release
On the basis of Article 207 of the Royal Decree of 30 January 2001, as amended on 22 December 2016, implementing the Belgian Companies Code, Umicore announces the following share buy-back transactions on the regulated market Euronext Brussels. Date of acquisitionNumber of shares% of total sharesAverage price (€)Highest price (€)Lowest price (€)22/02/202150,0000.020%47.5747.9147.1023/02/202170,0000.028%47.5848.1946.6224/02/202160,0000.024%48.4949.0047.5225/02/202140,0000.016%48.7849.0048.3126/02/202150,0000.020%48.5048.7247.87Total for the week270,0000.110%48.1349.0046.62Total in 2021400,0000.162%47.7749.0046.62 All details related to the acquisition of own shares by Umicore can be found here. For more information Investor Relations Saskia Dheedene +32 2 227 72 21 saskia.dheedene@umicore.com Eva Behaeghe +32 2 227 70 68 eva.behaeghe@umicore.com Aurélie Bultynck +32 2 227 74 34 aurelie.bultynck@umicore.com
Verkkokauppa.com Oyj MANAGERS’ TRANSACTIONS March 2, 2021 at 9:30 EET Verkkokauppa.com Oyj - Managers' Transactions – Häggblom Transaction notification under Article 19 of EU Market Abuse Regulation. Person subject to the notification requirement Name: Rite Ventures Finland AB Position: Closely associated person ____________________________________________ Person discharging managerial responsibilities in the issuer Name: Häggblom, Christoffer Position: Member of the Board ____________________________________________ Issuer: Verkkokauppa.com Oyj LEI: 743700QZE6B52SHHTV75 Notification type: INITIAL NOTIFICATION Reference number: 743700QZE6B52SHHTV75_20210226172054_9 ____________________________________________ Transaction date: 2021-02-26 Instrument type: SHARE ISIN: FI4000049812 Nature of the transaction: PLEDGING Transaction details (1): Volume: 2,172,576 Unit price: N/A Aggregated transactions (1): Volume: 2,172,576 Volume weighted average price: N/A For more information: Mikko Forsell, CFO mikko.forsell@verkkokauppa.com Tel. +358 50 434 2516 DISTRIBUTION: Nasdaq Helsinki Principal media www.verkkokauppa.com Verkkokauppa.com in short Verkkokauppa.com is Finland’s most popular and most visited Finnish online retailer, with the aim to sell to products to its customer at probably always cheaper prices. Depending on the season, the Company markets, sells, and distributes some 60,000–70,000 products in 26 different main product categories through its webstore, retail stores, and network of pick-up points. The Company has four megastores: in Oulu, Pirkkala, Raisio, and Helsinki, in addition to which products can be collected at more than 3,000 pick-up points. Verkkokauppa.com was founded in 1992 and it is headquartered in Jätkäsaari, Helsinki. The Company’s shares are listed on the official list of Nasdaq Helsinki under the ticker symbol VERK.
Walmart-owned Flipkart will sell groceries online in more Indian cities, as it seeks to compete better with Amazon and Reliance in an e-commerce market that has grown rapidly during the COVID-19 pandemic. Flipkart has already expanded online grocery sales to more than 50 Indian cities and intends to reach over 70 locations in the next six months, the company said in a statement on Tuesday. "Grocery continues to be one of the fastest-growing categories," said Manish Kumar, senior vice president at Flipkart, adding that the company had seen increased demand for the service from smaller cities in 2020.
Company Announcement No 02/20212 March 2021 Sydbank’s 2020 Annual Report Sydbank ended 2020 with a satisfactory profit. In 2021 profit is expected to be higher than in 2020 Sydbank’s 2020 financial statements show a profit before tax of DKK 1,021m compared to DKK 1,081m in 2019. The decrease of DKK 60m is primarily attributable to impairment charges for loans and advances which represent an expense of DKK 47m compared to an income of DKK 97m in 2019. Profit before tax equals a return of 8.6% p.a. on average equity. Profit for the year after tax represents DKK 799m against DKK 853m in 2019, equal to a return on average equity of 6.6%. At the beginning of 2020 profit after tax was projected to be in the range of DKK 700-1,000m. CEO Karen Frøsig comments on the year’s results:- It is good news that after a challenging year affected by Covid-19 we can deliver a profit at the very top of the most recently announced range of DKK 700-800m and also achieve our objective of a top 3 ranking among the largest banks measured in terms of return on equity. - As a result of the acquisition of Alm. Brand Bank, total credit intermediation has risen sharply by more than DKK 20bn. The acquisition shows that Sydbank wishes to acquire and merge with banks with Sydbank as the continuing bank. It also shows that we are interested in visionary partnerships that create value for customers and partners. Karen Frøsig comments on banking in Covid-19 times:- Covid-19 has turned the world upside down. Our employees have been extremely flexible and have succeeded in providing advice to customers during a difficult time. It is particularly gratifying to see that our customers acknowledge that Sydbank has been excellent at setting up online meetings and ensuring their quality. - I am pleased that so far Sydbank’s customers have handled the coronavirus crisis well. For reasons of prudence the management estimate related to Covid-19 was raised by DKK 100m in Q4 2020 and now totals DKK 325m. Despite this increase impairment charges only represented an expense of DKK 1m in Q4 2020. Board chairman Lars Mikkelgaard-Jensen comments:- After a year when the dividend was cancelled and the share buyback programme was terminated prematurely, it is positive that we can distribute dividend to our shareholders again, which represents 30% of profit for the year. At the same time the acquisition of Alm. Brank Bank creates long-term value for shareholders as profit before tax in 2022 is projected to increase by around DKK 200m. After the acquisition of Alm. Brand Bank and a dividend distribution of DKK 238m the Bank will continue to be well capitalised. 2020 highlights A 2% increase in total incomeA decline in costs (core earnings) of DKK 9m Impairment charges of DKK 47mProvision for potential Covid-19 losses of DKK 325m, including DKK 100m in Q4 2020 Negative investment portfolio earnings of DKK 31mDecrease in profit for the year of DKK 54m to DKK 799m Bank loans and advances of DKK 60.2bnDeposits of DKK 95.9bnA capital ratio of 24.0%, including a CET1 ratio of 18.8%A proposed dividend of DKK 4.00 per share. Outlook for 2021 Growth is projected in the Danish economy in 2021 despite expectations of negative growth influenced by Covid-19 in the first 6 months.Total income is expected to rise sharply as a result of the acquisition of Alm. Brand Bank and measures implemented as regards deposits and fees.Costs (core earnings) are projected to increase as a result of the acquisition of Alm. Brand Bank.Impairment charges for 2021 are forecast to be at a low level. In addition most of the amounts owed to the Group by the mink industry are expected to be repaid in full, which could result in a reversal of impairment charges of up to DKK 150m.Non-recurring costs are expected to be in the range of DKK 150-175m. The item consists of costs related to “A stronger bank”, costs to establish a bank/insurance partnership as well as costs related to the integration of Alm. Brand Bank.Profit after tax is expected to be in the range of DKK 850-1,150m.In light of the Covid-19 crisis the outlook for 2021 is subject to greater uncertainty than usual. Additional informationJørn Adam Møller, Deputy Group Chief Executive, tel +45 74 37 20 30 Louise Degn-Ovesen, Executive Vice president, Communications, tel +45 61 20 48 04 Attachments FM 02 UK Annual Report 2020 Credit Risk 2020