Wild partygoers dance on the roof of a Byron Bay fish and chip shop. Source: Facebook
Wild partygoers dance on the roof of a Byron Bay fish and chip shop. Source: Facebook
Hunter Communications (Hunter), the premier fiber-optic communications services provider in southern Oregon and northern California, has been awarded $8,223,340 from the California Advanced Services Fund (CASF) to provide high-speed broadband internet services to the Hoopa Valley Reservation, the largest in the state of California. The Hoopa Valley Broadband Initiative Project (HVBI) will be a collaboration between the Hoopa Valley Public Utilities District (HVPUD) and EnerTribe, a Native-owned consulting firm specializing in planning, funding and building tribally chartered telecommunications infrastructure projects. HVBI Construction is slated to begin in January 2021.
Malian security forces used tear gas on Wednesday to disperse an unsanctioned protest in the capital Bamako against France's military presence in the country, one of the rally's organisers said. France has more than 5,100 military personnel based in Mali and the West African Sahel region to help counter militants linked to al Qaeda and Islamic State, an involvement that is facing increased opposition at home and in Mali.
REPURCHASE OF SHARES Amsterdam, the Netherlands - Flow Traders N.V. (“Flow Traders”) (Euronext: FLOW) has repurchased 62,790 of its own shares in the period from 14 January 2021 up to and including 20 January 2021 at an average price of €28.52. As announced on 11 November 2020, these repurchases are being made in order to satisfy the requirements of various employee incentive plans. The consideration of this purchase was €1.8 million. The total number of shares purchased under this programme to date is 799,922 shares at an average price of €26.90 for a total consideration of €21.5 million. 2,031,091 shares were held in treasury as at 20 January 2021. Contact Details Flow Traders N.V. Jonathan Berger / Investor Relations Officer Phone: +31 20 7996799 Email: email@example.com About Flow Traders Flow Traders is a leading global financial technology-enabled liquidity provider in financial products, historically specialized in Exchange Traded Products (ETPs), now expanding into other asset classes. Flow Traders ensures the provision of liquidity to support the uninterrupted functioning of financial markets. This allows investors to continue to buy or sell ETPs or other financial instruments under all market circumstances. We continuously grow our organization, ensuring that our trading desks in Europe, the Americas and Asia can provide liquidity across all major exchanges, globally, 24 hours a day. Founded in 2004, we continue to cultivate the entrepreneurial, innovative and team-oriented culture that has been with us since the beginning. Important Legal Information This press release is prepared by Flow Traders N.V. and is for information purposes only. It is not a recommendation to engage in investment activities and you must not rely on the content of this document when making any investment decisions. The information in this document does not constitute legal, tax, or investment advice and is not to be regarded as investor marketing or marketing of any security or financial instrument, or as an offer to buy or sell, or as a solicitation of any offer to buy or sell, securities or financial instruments. The information and materials contained in this press release are provided ‘as is’ and Flow Traders N.V. or any of its affiliates (“Flow Traders”) do not warrant the accuracy, adequacy or completeness of the information and materials and expressly disclaim liability for any errors or omissions. This press release is not intended to be, and shall not constitute in any way a binding or legal agreement, or impose any legal obligation on Flow Traders. All intellectual property rights, including trademarks, are those of their respective owners. All rights reserved. All proprietary rights and interest in or connected with this publication shall vest in Flow Traders. No part of it may be redistributed or reproduced without the prior written permission of Flow Traders. Flow Traders expressly disclaims any obligation or undertaking to update, review or revise any forward-looking statements contained in this press release to reflect any change in its expectations or any change in events, conditions or circumstances on which such statements are based unless required to do so by applicable law. By accepting this document you agree to the terms set out above. If you do not agree with the terms set out above please notify firstname.lastname@example.org immediately and delete or destroy this document. Market Abuse Regulation This press release is an announcement pursuant to Article 5 (1) of the EU Market Abuse Regulation. Attachment Repurchase of Shares - 20 Jan
Lady Gaga launched Joe Biden's inauguration ceremony by belting out a classic rendition of the US national anthem, donning a billowing ball gown and enormous dove brooch.
(Bloomberg) -- U.S. stocks rallied as investors grew optimistic that recent federal spending under President Joe Biden will revive growth and bolster corporate earnings. Treasuries were little changed while the dollar weakened.The Nasdaq 100 Index jumped 2% and the S&P 500 Index rose to an all-time high. Netflix Inc. surged more than 13% after a jump in subscribers. Chipmaker ASML Holding NV rallied on solid results. Morgan Stanley gained after reporting record full-year results.Investors also kept an eye on Washington, where Joe Biden was sworn in as president and delivered a call for unity. On Tuesday, Janet Yellen promoted a $1.9 trillion Covid-19 relief proposal to lawmakers as she seeks confirmation as Treasury secretary.“The market is likely setting its sight more on the prospects of stimulus than anything else, born not just from Biden’s priorities but Yellen’s remarks on the Hill yesterday,” said Chris Larkin, managing director of trading and investing product at E*Trade Financial.In Asia, Chinese firms trading in Hong Kong saw the bulk of gains, and the Hang Seng Index approached the 30,000 level. Alibaba Group Holding Ltd. rallied after billionaire Jack Ma resurfaced from months out of public view amid escalating scrutiny over his internet empire.Investors are counting on more spending to help propel economic growth under Biden, who is planning a flurry of executive orders on his first day. Still, it won’t be all smooth sailing, with Yellen encountering early Republican resistance to Biden’s relief plan in her confirmation hearing to become Treasury secretary.Yellen -- who could be confirmed as soon as Thursday -- said that help for the unemployed and small businesses would provide the “biggest bang for the buck.” She urged lawmakers to act in efforts to rescue an economy battered by the coronavirus. She also said the U.S. is prepared to take on China’s “abusive” trade and economic practices, and that the Biden administration won’t pursue a weak dollar.On the virus front, Germany suffered record daily deaths and a study on the South African variant raised concern about the efficacy of vaccines.Elsewhere, crude oil edged higher and gold traded touched an almost two-week high.These are some key events coming up:Policy decisions are due Wednesday from central banks in Brazil and Canada. The Bank of Japan and the ECB deliver decisions Thursday.Here are the main moves in markets: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.
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India's government on Wednesday offered to suspend implementation of three new farm laws that have triggered the biggest farmers' protests in years, which farm union leaders said they would now consider calling off. Angry farmers, who say that will make India's traditional wholesale markets irrelevant and leave them at the mercy of big retailers and food processors, have camped out on major highways outside New Delhi for more than two months. Agriculture & Farmers Welfare Minister Narendra Singh Tomar said the government was open to suspending the laws for up to 18 months, during which time representatives of the government and farmers should work to "provide solutions" for the industry.
(Bloomberg) -- The National Rifle Association is about to find out what happens when its no-holds-barred embrace of the Second Amendment comes up against the U.S. Bankruptcy Code.The group is seeking to sidestep New York’s regulators and the state’s fraud lawsuit by filing for bankruptcy in Dallas and moving to gun-friendly Texas, citing support for the right to bear arms. But the case filed last week may face a load of legal challenges at an initial court hearing Wednesday that could undermine the NRA’s plan or even add to its woes.Opponents could ask that the case be thrown out entirely, since the NRA says it’s not really bankrupt. If the case does move forward, the customary disclosures could expose more of the NRA’s internal affairs to scrutiny from critics including Letitia James, New York’s attorney general. James has been suing to dissolve the organization and accusing leader Wayne LaPierre and three others of fleecing it. LaPierre has disputed New York’s allegations.“I looked at this and I just laughed,” said Thomas J. Salerno, a Phoenix-based partner specializing in corporate bankruptcies with the law firm Stinson LLP. Texas may have a pro-gun reputation, but the bankruptcy judges there are federal appointees who will follow the law, not local politics, Salerno said. At best, the NRA can only slow the New York investigation, he said.The NRA will be in court today before U.S. Bankruptcy Judge Harlin D. Hale in Dallas. While he’s unlikely to make any final rulings during the hearing, the judge could decide to reject the case, since the NRA has said it isn’t insolvent or bankrupt and told members the group is in “its strongest financial condition in years.”Court papers show assets of about $203 million -- mostly in cash, investments, receivables and its headquarters -- against liabilities of $153 million. Revenue in 2020 was down 7% from a year earlier; the NRA said it cut expenses 23% and asked employees who remained on the job to take pay cuts.Political EnvironmentIn a statement announcing the filing, the NRA said it filed bankruptcy to escape “the toxic political environment of New York” and regroup in Texas, while allowing it to “streamline costs and expenses.”“If you take what the NRA is saying at face value, it presents a strong argument for the case to be dismissed for a lack of good faith,” said Robert Lawless, a professor at the University of Illinois College of Law. “They’re going to have to come up with some financial reasons for doing this.”The NRA gave a somewhat different explanation in court papers. “To be clear: the NRA is not seeking to escape regulatory oversight,” the group said. “However, it cannot allow its constitutional rights to be trampled or its existence destroyed by a political vendetta.” It said the Constitution guarantees people the right to free speech, to bear arms for self-defense “and seek a fresh start in bankruptcy court where appropriate. The NRA’s successful reorganization in Texas will affirm and advance all of these rights.”Under the U.S. Bankruptcy Code, a company that reorganizes can leave behind legal liabilities tied to a civil lawsuit. That would require Hale to approve a reorganization plan that releases the newly reorganized NRA and its executives from the legal claims New York is making in its lawsuit. Such findings can be challenged by creditors and appealed to a higher court.One possibility is that the judge could send the case to another state where the NRA has more substantive business ties. The organization filed for bankruptcy in Dallas -- despite being headquartered in Virginia and incorporated in New York -- citing a small Texas-based subsidiary that was created in November. It’s a common maneuver in Chapter 11 cases, but one that can still be challenged by creditors or the judge.“The NRA’s filings have most of the hallmarks of a bad-faith filing and present almost textbook grounds for transfer of venue,” said Bruce Markell, a former judge and current bankruptcy professor at Northwestern Pritzker School of Law.Still, dismissals of large corporate bankruptcies are exceedingly rare. And, unusual as it may seem, the NRA’s claim that it is “not insolvent” doesn’t invalidate its bankruptcy, according to Kevin Carey, a retired Delaware bankruptcy judge who is now a partner at Hogan Lovells. The bankruptcy code “is designed to help companies relieve financial distress” regardless of what caused it, he said.Whether bankruptcy will help the NRA resolve pending lawsuits and investigations is a separate problem. Typically, a Chapter 11 filing halts most suits, but there’s an exception for regulatory and police powers. In a letter Wednesday, the New York attorney general said this exception applies to its lawsuit against the NRA, and urged the judge overseeing that case to let it proceed.The NRA’s bankruptcy filing doesn’t seek to halt or transfer the New York case, William A. Brewer III, counsel to the NRA, said in an emailed statement. “Rather, it seeks to streamline and organize the NRA’s legal and financial affairs and, with approval of the court, to also allow the NRA to reincorporate in the state of Texas,” he said.More DataIf the lawsuit does get put on hold by the so-called automatic stay, the New York case would simply become part of the bankruptcy -- which may give New York new legal tools to extract information, Salerno said.That’s because under Bankruptcy Rule 2004, creditors or other parties can often get access to more information than they would in another forum, Salerno said. In that sense, the NRA bankruptcy could turn out to be a self-inflicted wound, he said.“Honestly, I just shook my head,” Salerno said. “It may be like the NRA pointing a gun to its own head and saying, ‘Stop me before I shoot again.”’The case is National Rifle Association of America, 21-30085-11, U.S. Bankruptcy Court for the Northern District of Texas (Dallas).(Michael R. Bloomberg, founder of Bloomberg News parent Bloomberg LP, is a donor to candidates and groups that support gun control, including Everytown for Gun Safety.)(Updates with comments from New York’s attorney general and NRA lawyer, starting in the 14th paragraph)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.
RIVERSIDE, Calif., Jan. 20, 2021 (GLOBE NEWSWIRE) -- Provident Financial Holdings, Inc. (“Company”) (Nasdaq GS: PROV), the holding company for Provident Savings Bank, F.S.B., today announced that it will distribute a news release announcing earnings for the second quarter of fiscal 2021 at 7:00 p.m. (Pacific) on Wednesday, January 27, 2021. Additionally, the Company will host a conference call for institutional investors and bank analysts on Thursday, January 28, 2021 at 9:00 a.m. (Pacific) to discuss financial results. The conference call can be accessed by dialing 1-877-692-8955 and referencing access code number 9568794. An audio replay of the conference call will be available through Thursday, February 4, 2021 by dialing 1-866-207-1041 and referencing access code number 8567286. Contacts: Craig G. BlundenChairman and Chief Executive Officer Donavon P. Ternes President, Chief Operating Officer and Chief Financial Officer (951) 686-6060
Shares of AcelRx Pharmaceuticals (NASDAQ: ACRX) were trading down by 16% as of 11:40 a.m. EST on Wednesday after the company announced the pricing of a public stock offering. Secondary stock offerings cause stocks to fall for one simple reason: They dilute the value of existing shares. In addition, in AcelRx's case, the biotech company intends to sell its new shares at a 19% discount to its closing price on Tuesday.
Kroger Delta Division today announced details of its latest contract offer to UFCW Local 2008 for associates in its Arkansas stores.
Former UFC welterweight and current commentator Dan Hardy talks to The Independent about how ‘The Diamond’ must approach his highly-anticipated rematch against ‘Notorious’
Investors in Alibaba (NYSE: BABA) can finally exhale. Although analysts had assumed founder and chairman Jack Ma was simply keeping a low profile and had not been "disappeared" for criticizing Chinese regulators, it was only recently that the billionaire businessman resurfaced in a video address to one of his charity foundation's programs. It was the first time in weeks that Ma had been seen.
Shares of hydrogen fuel cell company Plug Power (NASDAQ: PLUG) have had an amazing run over the past year -- up more than 15-fold in 12 short months. In a series of tweets this morning, short-seller Kerrisdale Capital Management laid out its case against Plug stock, and it appears to be having an effect on the stock already. Announcing its short position in Plug stock today, Kerrisdale warns that investors have been investing their "hopes, dreams, and delusions of the green hydrogen energy movement" in Plug stock, "but the 'Hydrogen Economy' is a mirage."
Wintermute, an algorithmic liquidity provider for digital assets, today announced the close of a $20M Series B round led by Lightspeed Venture Partners ("Lightspeed") with participation from Pantera Capital. Jeremy Liew, Partner at Lightspeed, will join Wintermute’s Board of Directors.
NEW YORK, Jan. 20, 2021 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) announced today that its Board of Trustees has declared a regular quarterly dividend of $.53 per share payable on February 12, 2021 to common shareholders of record on February 1, 2021. Vornado Realty Trust is a fully-integrated equity real estate investment trust. CONTACT Michael Franco(212) 894-7000 Certain statements contained herein may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. For a discussion of factors that could materially affect the outcome of our forward-looking statements and our future results and financial condition, see “Risk Factors” in Part I, Item 1A, of our Annual Report on Form 10-K for the year ended December 31, 2019 and “ Risk Factors” in Part II, Item 1A of our Quarterly Report on Form 10Q for the quarterly period ended September 30, 2020. Such factors include, among others, risks associated with the timing of and costs associated with property improvements, financing commitments and general competitive factors. Currently, one of the most significant factors is the ongoing adverse effect of the COVID19 pandemic on our business, financial condition, results of operations, cash flows, operating performance and the effect it will have on our tenants, the global, national, regional and local economics and financial markets and the real estate market in general. The extent of the impact of the COVID19 pandemic will depend on future developments, including the duration of the pandemic, which are highly uncertain at this time but that impact could be material. Moreover, you are cautioned that the COVID19 pandemic will heighten many of the risks identified in Item 1A. “Risk Factors” in Part I of our Annual Report on Form 10K for the year ended December 31, 2019, as well as the risks set forth in Item 1A. “Risk Factors” in Part II of our Quarterly Report on Form 10Q for the quarterly period ended September 30, 2020.
We're tracking every notable free agent signing in the 2020-21 MLB offseason and giving you the details on the deal. Plus: What it means for your fantasy team.
Rosen Law Firm, a global investor rights law firm, announces it has filed a class action lawsuit on behalf of purchasers of the securities of Walmart Inc. (NYSE: WMT) between March 30, 2016 and December 22, 2020, inclusive (the "Class Period"). The lawsuit seeks to recover damages for Walmart investors under the federal securities laws.
TORONTO, Jan. 20, 2021 (GLOBE NEWSWIRE) -- (TSX: SSF.UN) Investors and investment advisors are invited to listen to a webinar, hosted by Larry Holzenthaler, Investment Strategist, Nuveen Asset Management (“NAM”). Mr. Holzenthaler discusses some of the recent trends in the U.S. senior loan market and explains why NAM believes loan fundamentals remain positive. The presentation, recorded on January 14, 2021, can be viewed by clicking the following link: SSF January 2021 Update Symphony Floating Rate Senior Loan Fund (the “Fund”) invests primarily in floating-rate senior loans, which are the most senior corporate obligations of a borrower and are secured by the borrower’s assets. Senior loans have a first-priority secured claim on repayment, ahead of bonds and equity. Senior loans offer a high level of income and low interest rate risk compared to traditional fixed income asset classes. Symphony believes that senior loan credit fundamentals remain strong as U.S. economic growth remains intact and corporate default rates are expected to remain low. The Fund offers a $0.48 per unit per annum distribution, paid monthly, which represents a cash distribution rate of 6.6% per annum based on the January 15, 2021 TSX closing price. The Fund is available for purchase on the Toronto Stock Exchange under the ticker symbol SSF.UN. About Brompton Funds Founded in 2000, Brompton is an experienced investment fund manager with income focused investment solutions including TSX traded closed-end funds and exchange-traded funds. For further information, please contact your investment advisor, call Brompton’s investor relations line at 416-642-6000 (toll-free at 1-866-642-6001), email email@example.com or visit our website at www.bromptongroup.com. About Nuveen Asset ManagementNuveen Asset Management, LLC, is the is the sub-advisor for the Symphony Floating Rate Senior Loan Fund. NAM specializes in the management of debt and equity strategies including senior loan portfolios. NAM, a registered investment adviser, has been in business for over thirty years and had an aggregate of over U.S. $213 billion of assets under management as of September 30, 2020. NAM is an indirect subsidiary of Nuveen, LLC which is a subsidiary of Teachers Insurance and Annuity Association of America. Annual Performance11-Yr3-Yr5-YrS.I.2S.I.3Symphony Floating Rate Senior Loan Fund – Class A(4.4%)0.9%4.5%4.5%-Symphony Floating Rate Senior Loan Fund – Class C(3.5%)1.0%--1.5%Symphony Floating Rate Senior Loan Fund – Class F(4.3%)1.0%--1.5%Symphony Floating Rate Senior Loan Fund – Class U(3.2%)1.5%4.6%4.4%- (1) Returns are for the periods ended December 31, 2020. The table shows the Fund’s compound returns for each period indicated.(2) Inception Date: November 1, 2011(3) Inception Date: January 10, 2017 You will usually pay brokerage fees to your dealer if you purchase or sell units of the investment fund on the Toronto Stock Exchange or other alternative Canadian trading system (an “exchange”). If the units are purchased or sold on an exchange, investors may pay more than the current net asset value when buying units of the investment fund and may receive less than the current net asset value when selling them. There are ongoing fees and expenses associated with owning units of an investment fund. An investment fund must prepare disclosure documents that contain key information about the Fund. You can find more detailed information about the Fund in the public filings available at www.sedar.com. The indicated rates of return are the historical annual compounded total returns including changes in the unit value and reinvestment of all distributions and do not take into account certain fees such as redemption costs or income taxes payable by any securityholder that would have reduced returns. Investment funds are not guaranteed, their values change frequently and past performance may not be repeated. The amount of distributions may fluctuate from month to month and there can be no assurance that the Fund will make any distribution in anyparticular month. Certain statements contained in this news release constitute forward-looking information within the meaning of Canadian securities laws. Forward-looking information may relate to matters disclosed in this press release and to other matters identified in public filings relating to the Fund, to the future outlook of the Fund and anticipated events or results and may include statements regarding the future financial performance of the Fund. In some cases, forward-looking information can be identified by terms such as “may”, “will”, “should”, “expect”, “plan”, “anticipate”, “believe”, “intend”, “estimate”, “predict”, “potential”, “continue” or other similar expressions concerning matters that are not historical facts. Actual results may vary from such forward-looking information. Investors should not place undue reliance on forward-looking statements. These forward-looking statements are made as of the date hereof and we assume no obligation to update or revise them to reflect new events or circumstances.
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