NBA Fearless Forecast Weekly Rank: 92
NBA Fearless Forecast Weekly Rank: 92
J&J CEO Alex Gorsky joins Yahoo Finance to discuss the company's successful journey to authorization of a COVID-19 vaccine.
Alex Rodriguez shared the most beautiful snap of Jennifer Lopez as the sun was setting.
Shares of Groupon (NASDAQ: GRPN) have surged today, up by 22% as of 11:15 a.m. EST, after several analysts released positive research notes in the wake of the company's earnings release last week. UBS maintains buy rating, with analyst Eric Sheridan boosting his price target from $47 to $55. Credit Suisse keeps a neutral rating, with analyst Stephen Ju raising his valuation estimate from $31 to $35.
What happened Shares of Moderna (NASDAQ: MRNA) moving 4.5% lower as of 11:57 a.m. EST on Monday. The decline appears to be the direct result of the U.S. Food and Drug Administration (FDA) granting emergency use authorization (EUA) to Johnson & Johnson's (NYSE: JNJ) COVID-19 vaccine over the weekend.
Hypori LLC, a trusted Virtual Mobility Solutions (VMS) provider that ensures Zero Data at Rest and 100% Separation to Mitigate Data Leaks, announced today that it won two 2021 Cybersecurity Excellence Awards. The innovative company was recognized with Gold Excellence Awards for CISO of the Year and Government Cyber Industry Leader of the Year.
Press release Lesquin, 1st March 2021 17:45hrs Description of the share buy back programme authorised by the Combined general meeting of 30 July 2020 and implemented by the Board of directors of 1 March 2021 Bigben Interactive announces the implementation of its share buyback programme authorised by the General Meeting of Shareholders on 30 July 2020. In this respect, the Company has provided an investment services provider, CIC Market Solutions, with a mandate to acquire shares. 1. Legal framework Pursuant to the provisions of Articles L. 225-209 et seq. of the French Commercial Code, Articles 241-1 to 241-7 of the General Regulations of the Autorité des Marchés Financiers (the French Stock Exchange Authority) and EU Regulation No. 596/2014 of the European Parliament and of the European Council of 16 April 2014 on market abuse, the aim of this description is to present the purpose and terms of the Company's share buyback programme. 2. Date of the combined general meeting of shareholders that authorised the share buyback programme and date of implementation The authorisation for the Company to purchase its own shares was granted by the Combined General Meeting of 30 July 2020 (fifteenth resolution). It was implemented by the Board of Directors following the meeting of March 1, 2021. 3. Number of shares and percentage of share capital held directly or indirectly As of February 26, 2021, the number of shares held directly or indirectly was 9,650, representing circa 0.05 % of the share capital. 4. Breakdown of directly held securities by objective On February 26, 2021, the allocation of shares held was as follows : - market making for the Company’s shares (liquidity contract): 9,650 shares, - retention with a view to future delivery in exchange or payment of other shares in connection with possible external growth transactions: 0 shares. 5. Purpose of the new buyback programme The purpose of the share buyback programme implemented by the Board of Directors on 1 March 2021 would be to enable the Company to purchase its own shares mainly with a view to : - cancelling them subsequently by reducing the Company's share capital, in accordance with the authorisation granted to the Board of Directors by the Combined General Meeting of 30 July 2020 (twenty-fifth resolution), - animating the market through the intermediary of an investment services provider acting in the name and on behalf of the Company within the framework, in particular, of a liquidity contract that complies with the ethical charter recognised by the Autorité des Marchés Financiers. The procedures for implementing this target are as follows: - completion of the share buyback programme by an investment services provider, - implementation as of 2 March 2021 and for an initial period expiring no later than 30 July 2021, and - continuation of the liquidity contract. 6. Maximum percentage of capital, maximum number and specifications of securities, maximum purchase price As at 26 February 2021, the share capital amounted to 39,939,316 euros, divided into 19,969,658 shares. The buyback programme concerns the shares of the Bigben Interactive Company (ISIN code FR0000074072) admitted to trading on the Euronext regulated market in Paris. The Combined General Meeting of 30 July 2020 set the maximum proportion of capital that the Company may hold at 10% of the number of shares comprising the share capital on the date of completion of the purchases, i.e. a theoretical number of approximately 1,996,965 shares with a maximum amount of purchases not to exceed a total of 10 million euros. Considering the maximum purchase price set by the General Meeting at 28 euros per share, it is specified that the unit purchase price of the shares may not at any time exceed 2.90 times the price of Nacon shares (ISIN code FR0013482791). 7. Duration of the buyback programme The duration of the programme has been set at 18 months as from the Combined General Meeting of 30 July 2020, i.e. until 29 January 2022. Next publication: Q4 2020/21 sales: 26 April 2021Press release after close of the Paris stock exchange ABOUT BIGBEN INTERACTIVE SALES 2019-2020263.5 M€ HEADCOUNTCa. 750 employees INTERNATIONAL21 subsidiaries and a distribution network in 100 countries www.bigben-group.com Bigben Interactive is a European player in video game development and publishing, in design and distribution of smartphone and gaming accessories as well as in audio products. The Group, which is recognized for its capacities in terms of innovation and creativity, intends to become one of Europe’s leaders in each of its markets Company listed on Euronext Paris, compartment B – Index : CAC Mid & Small – Eligible SRD longISN : FR0000074072 ; Reuters : BIGPA ; Bloomberg : BIGFP PRESS CONTACTS CapValue – Gilles Broquelet firstname.lastname@example.org - +33 1 80 81 50 01 Attachment BBI - CP Programme rachat d'actions_ENG_Diffusion
Goldman Sachs Group Inc has restarted its cryptocurrency trading desk and will begin dealing bitcoin futures and non-deliverable forwards for clients from next week, a person familiar with the matter said. The team will sit within the U.S. bank's Global Markets division, the person said. The desk is part of Goldman's activities within the fast-growing digital assets sector, which also includes projects involving blockchain technology and central bank digital currencies, the person said.
A U.S. national security commission on Monday recommended Congress tighten up "choke points" on chipmaking technology to prevent China from overtaking the United States in semiconductors in the coming years. The National Security Commission on Artificial Intelligence (NSCAI), led by former Google Chairman Eric Schmidt, recommended clamping down on China's ability to procure the manufacturing equipment needed to make advanced computing chips. "China is making an aggressive push to promote authoritarianism around the world," an NSCAI official told Reuters.
Reliable Robotics, a leader in autonomous aircraft system development, joins an elite list of contenders for the 2020 Robert J. Collier Trophy "for the greatest achievements in aeronautics or astronautics in America, with respect to improving the performance, efficiency, and safety of air or space vehicles." Established in 1910, the annual award has recognized individuals, projects, programs and achievements such as Orville Wright, Howard Hughes, crews of Apollo 11 and Apollo 8, and the International Space Station team.
We've all had a bad haircut, right? The post Pet owner ‘depressed’ after groomer gives dog a ‘terrifying’ haircut appeared first on In The Know.
On the strength of continued regional growth and accelerated business momentum, Alliant has restructured its Employee Benefits Group.
Mat Baxter Becomes Initiative Chairman and Takes on Additional Role Within IPG Amy Armstrong Amy Armstrong, Initative New York, March 01, 2021 (GLOBE NEWSWIRE) -- Interpublic Group (NYSE: IPG) announced today that long-term Initiative leader Amy Armstrong is being named Chief Executive Officer of the global media agency. She succeeds Mat Baxter, who will take on the role of Global Chairman at Initiative through 2021. Mat has served as Initiative’s CEO since 2016, and will stay within IPG in a new leadership role that the company plans to announce in the coming months. Amy has held leadership roles at various IPG agencies for over 20 years, most recently as U.S. CEO for Initiative. Since joining Initiative in 2016, Amy has transformed the company’s U.S. operations, including driving business results for her clients and substantial revenue growth for the agency. Amy’s leadership has focused on transparency, consistency, and fostering a high-performance culture. During her tenure, the agency has received accolades including being named U.S. Comeback Agency of the Year by Ad Age, U.S. Media Agency of the Year by Adweek, and most recently being named a Best Place to Work by Ad Age. Initiative’s U.S. operations also won significant new business under Amy’s leadership, including Liberty Mutual, Nintendo, Gilead, and T-Mobile, creating one of the strongest new business track records in the media sector. Amy has also been a steadfast champion for diversity and inclusion for the agency. Unhappy with the role biases play in conventional hiring approaches, Amy overhauled Initiative’s recruiting process to one that achieves bias neutrality. Her work is helping the agency build more fair and equitable representation of BIPOC within the company. Under Amy’s leadership, diversity has increased throughout the U.S. operations, although much work still remains to be done. “During his tenure as CEO, Mat has brought a strategic lens, as well as a focus on culture and creativity as the key drivers of consumer media engagement. This has led to a transformation at Initiative, making it one of our fastest-growing businesses and the top media agency network in terms of global new business momentum,” commented Philippe Krakowsky, CEO of IPG. “Mat has the ability to attract and develop top talent, and under his leadership the Initiative team has seen significant evolution, with clients turning to the network for advice and solutions across a broader range of marketing challenges. We’re excited to have him look at other areas of our portfolio that he can help transform and elevate. We are also fortunate that his long-time partner, Amy, who has played a key role in Initiative’s strong record of success in recent years, will be stepping into the global CEO role, which ensures that the positive trajectory for Initiative and its clients can continue,” added Philippe. “Mat has transformed Initiative into a global trailblazer as CEO, and while he will be missed at Mediabrands when he moves on at the end of this year, he leaves the agency in great hands,” commented Daryl Lee, Chairman and CEO of IPG Mediabrands. “Amy is a fearless competitor and a true client partner who has built an agency to be reckoned with in the U.S. Her commitment to her clients, to her people, and to building a strong, inclusive culture where everyone feels valued is unrivaled. I am excited to see what dazzling new heights she can help Initiative scale as their global leader,” added Daryl. In addition to Mat Baxter’s Global Chairman role for Initiative, which he will serve in for the remainder of 2021, he will be staying within IPG, in a new senior role that the company plans to announce in the coming months. Prior to her role at Initiative, Amy ran BPN Worldwide and served as President of ID Media. She began her career with IPG at FCB, where she worked in their media practice area. Active in charity causes, Amy has spearheaded fundraising for gastric and esophageal cancer organizations, including the DeGregorio Foundation. # # # About InterpublicInterpublic is values-based, data-fueled, and creatively -driven. Major global brands include Acxiom, Craft, FCB (Foote, Cone & Belding), FutureBrand, Golin, Huge, Initiative, Jack Morton, Kinesso, MAGNA, Matterkind, McCann, Mediahub, Momentum, MRM, MullenLowe Group, Octagon, R/GA, UM and Weber Shandwick. Other leading brands include Avrett Free Ginsberg, Campbell Ewald, Carmichael Lynch, Deutsch, Hill Holliday, ID Media and The Martin Agency. For more information, please visit www.interpublic.com. About Mediabrands IPG Mediabrands is the media and marketing solutions division of Interpublic Group (NYSE: IPG). Mediabrands manages approximately $40 billion in marketing investment globally on behalf of its clients and provides strategic services and solutions across its award-winning, full-service agency networks UM and Initiative and through its innovative marketing specialist companies Reprise, Magna, Orion, Rapport, Healix, Mediabrands Content Studio and the IPG Media Lab. Mediabrands clients include many of the world’s most recognizable and iconic brands from a broad portfolio of industry sectors. The company employs more than 13,000 marketing experts in more than 130 countries representing the full diversity of humanity. For more information, please visit our website: and be sure to follow us on LinkedIn, Twitter or Instagram. About Initiative We’re a global media agency designed to grow brands through culture. Over the last three years, we’ve been named as the fastest growing media agency in the world by independent media ratings agency, RECMA. Key to our success is the fact most media agencies are built for brand awareness, with a bias for paid media. We’re a little different. We’re built for brand relevance, with a bias for Cultural Velocity. We believe the brands that succeed move and adjust with consumers at speed, showcasing their relevance and meaningfully contribute to their lives. We call this Cultural Velocity™- a measure for the speed at which a brand moves through culture to drive relevance. The faster a brand can move with culture, the more relevant they become and the greater the growth. # # # Contact InformationTom Cunningham (Press, IPG) (212) 704-1326 Caitlin Wroblewski (Press, Initiative) (646) 467-0282 Attachment Amy Armstrong
Beginning March 1, and continuing through March 31, Fashwire will donate $1.00 for every download of the Fashwire App (App Store and Google Play) to the Council of Fashion Designers of America (CFDA) to support the 25th anniversary of the CFDA Scholarship Program.
(Bloomberg) -- Gold steadied after its biggest monthly slump since late 2016, with a falling dollar helping ease selling pressure on the metal.The Bloomberg Dollar Spot Index slipped on Monday, supporting demand for bullion as an alternative asset, while Treasuries stabilized following last week’s gyrations.Gold fell more than 6% in February as expectations for recovering economies boosted bond yields, dimming the appeal of the metal, which doesn’t offer interest. Hedge funds and other large speculators have cut their bullish wagers on gold futures and options to the lowest since May 2019, while holdings in exchange-traded funds have slid. Some analysts say bullion’s allure as a hedge against inflation could eventually help shore up demand.Gold “has responded more to the combination of rising confidence and rising yields than to any fear of untoward inflationary pressures,” StoneX analyst Rhona O’Connell said in a note. Bullion still has medium-term tailwinds from “the massive amount of liquidity in the financial system, with trillions of dollars of capital looking for a home.”Spot gold was little changed at $1,734.66 an ounce by 11:42 a.m. in New York. Silver, platinum and palladium climbed. The Bloomberg Dollar Spot Index was down 0.2%.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.
One BetMGM customer in Tennessee had a very eventful Sunday.
A U.N. human rights investigator said on Monday that it was "extremely dangerous" for the United States to have named Saudi Arabia's de facto ruler as having approved an operation to capture or kill journalist Jamal Khashoggi but not to have taken action against him. Agnes Callamard, special rapporteur on summary executions who led a U.N. investigation into Khashoggi's 2018 murder, reiterated her call for sanctions targeting Mohammed bin Salman's assets and his international engagements. He approved an operation to capture or kill Khashoggi, according to U.S. intelligence released on Friday as the United States imposed sanctions on some of those involved but spared the crown prince himself in an effort to preserve relations with the kingdom.
(Bloomberg) -- Lex Greensill’s multi-billion dollar empire was left reeling after it lost a key source of funding and his biggest backer signaled doubts about the value of his namesake trade finance business.Credit Suisse Group AG on Monday froze a group of supply-chain-finance funds that it ran with help of the financier, citing “considerable uncertainty” about the valuations of some of the holdings. The funds combined held about $10 billion in assets, most of it in Greensill-sourced securities.Separately, SoftBank Group Corp.’s Vision Fund has substantially written down its $1.5 billion holding in Greensill Capital, and is considering dropping the valuation to close to zero, according to people familiar with the matter. The writedown occurred at the end of last year, said one person.The firm is now fighting for its survival, according to Dow Jones, which reported that Greensill could file for insolvency within days. It’s simultaneously in talks on a sale of its operating business to Apollo Global Management Inc. for about $100 million, the news agency said, citing people familiar with the talks. The rapid deterioration caps almost three years of trouble for Greensill Capital, a startup lender aiming to disrupt a niche part of global finance. Greensill-linked financings played a role in the demise of a former star bond manager at GAM Holding AG in 2018. Things took a turn for the worse last year when Germany’s banking regulator BaFin pressured the financier’s lender to reduce concentration risks on its balance sheet.In each case, Greensill’s exposure to U.K. industrialist Sanjeev Gupta -- an early client of his trade finance firm -- played a key role. Read more: King of Supply-Chain Finance Expands, and Controversy FollowsFor Credit Suisse, the decision to suspend the funds adds to a series of hits to the bank, which is still recovering from a damaging spying scandal a year ago. Since then, new Chief Executive Officer Thomas Gottstein has had to contend with legal charges related to mortgage-backed securities in the U.S. and a writedown on a hedge fund investment. The bank was also left staring at steep losses, along with other lenders, when the stock of Luckin coffee imploded in an accounting fraud.Switzerland’s second-largest bank had been looking at ways to reduce its ties to Greensill, people familiar with the matter said earlier Monday. Credit Suisse is considering winding down the investments packaged by Greensill, replacing the firm as the main source for the assets, or moving loans to firms linked to Gupta out of its supply-chain finance funds, the people said, asking for anonymity because a decision hasn’t been made yet.Crucial Buyers“Greensill acknowledges the decision by Credit Suisse to temporarily gate the two Supply Chain Finance Funds dealing in Greensill-sourced assets,” a spokesperson for the firm said by email. “We remain in advanced talks with potential outside investors in our company and hope to be able to update further on that process imminently.”The funds are crucial to Greensill’s business, who relies on them along with his German bank to buy financings that Greensill Capital arranges. After an internal review last year, Credit Suisse overhauled the funds’ investment guidelines to limit how much exposure they can have to a single borrower.In Germany, meanwhile, BaFin has been pressuring Greensill Bank to reduce the concentration of assets linked to Gupta, Bloomberg reported in August. The bank is now seeking to raise money and cut its exposure to companies linked to the U.K. industrialist, people familiar with the matter have said.In October, the firm had been considering a capital raising that would have valued it at $7 billion. At the time, when its banking arm was facing regulatory scrutiny and clients had hit financial difficulties, the firm said that the fund-raising would help boost growth. More recently, the firm was in talks with Apollo Global Management on a multi-billion dollar financing deal that would give the supply chain financer more headroom, Sky News reported last month.Read more: Greensill Bank Looks to Raise Cash, Cut Risk to Sanjeev GuptaIt’s unclear how much of the Credit Suisse supply-chain finance funds are currently tied up with Gupta.Securities linked to Gupta and arranged by Greensill were among investments at the center of a 2018 crisis at GAM that brought down star trader Tim Haywood. While assets managed in GAM’s supply-chain finance funds were relatively short-term, it took almost a year to liquidate some longer-term loans to Gupta.Credit Suisse is the latest firm to suspend or freeze funds related to hard-to-value or illiquid investments. Famed U.K. stock picker Neil Woodford ploughed large amounts into unlisted or thinly-traded companies and was forced to freeze his funds to allow for an orderly liquidation. H20 Asset Management also had to freeze funds under pressure from the French regulator because of illiquid investments tied to German financier Lars Windhorst.(Adds report on insolvency talks in fourth 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.
Having money in the bank could spare you from racking up debt when financial emergencies strike. To that end, we talked to Chris Wong, Consumer Savings Executive at Bank of America, and he had some important savings-related insights to share. Your savings account probably isn't going to grow by $1,000 overnight -- and that's okay.
The U.S. Federal Trade Commission said on Monday it has ordered five e-cigarette companies including JUUL Labs and NJOY to turn over sales and advertising data. The regulatory agency said it sent orders to JUUL Labs, Inc; R.J. Reynolds Vapor Company; Fontem US, LLC; Logic Technology Development LLC; and NJOY, LLC seeking information from 2019 and 2020 including annual data on sales and giveaways of e-cigarettes and characteristics of their e-cigarette products such as flavors. The consumer protection agency is trying better understand the rapidly growing market, similar to studies it has done in the on cigarettes and smokeless tobacco products.
(Bloomberg) -- Exxon Mobil Corp. appointed climate-minded activist investor Jeff Ubben and former Comcast Corp. executive Michael Angelakis to its board following investor criticism of the oil giant for its environmental record and poor capital allocation over the past decade.The additions bring the number of directors on the board to 13, with seven joining since 2016, Exxon said in a statement. Bloomberg News first reported Ubben was being considered for the role last month. Exxon rose almost 7% to the highest in more than a year.The oil explorer has long attracted criticism for its persistent focus on fossil fuels and unwillingness to commit to zero carbon targets but those attacks intensified recently after its financial performance dwindled. Exxon is embroiled in a proxy battle with activist investor Engine No. 1, which has taken the board to task over both its approach to climate change and track record of spending money on projects that yield weak returns.“While ExxonMobil has now conceded the need for board change, what is missing are directors with diverse track records of success in the energy industry who can position the company for success in a changing world,” Engine No. 1 said in a statement. The investor is still moving forward with its proxy contest.D.E Shaw, another Exxon investor that has pushed for changed, welcomed the appointment of the two directors, saying that they would add “significant capital markets and capital allocation experience” while “navigating the transition to a low-carbon future.”The board appointments follow a series of moves by the company to appease shareholders ahead of its annual meeting in May. Exxon announced new emissions targets, increased climate disclosure and cut capital spending by $10 billion a year all the way out to 2025. Last month, the company tapped former Petronas CEO Tan Sri Wan Zulkiflee Wan Ariffin to join the board.Whether those moves will be enough to placate investors remains to be seen. Furthermore, shareholders may be able to vote on a proposal about climate lobbying after a decision by the U.S. Securities and Exchange Commission left the door open to including it on the agenda of the upcoming annual meeting. The proposal was led by institutional investors including by BNP Paribas SA.In 2020, the stock lost 41% and the company incurred its first annual loss in at least four decades. Years of elevated spending on new oil and gas operations left it highly exposed to the crude price crash caused by Covid-19. Exxon also recently wrote down $19.3 billion of assets and reduced its reserves by almost a third.“Michael and Jeff’s expertise in capital allocation and strategy development has helped companies navigate complex transitions for the benefit of shareholders and broader stakeholders,” CEO Darren Woods said in a statement. “Their contributions will be valued as Exxon Mobil advances plans to increase shareholder value by responsibly providing needed energy while playing a leadership role in the energy transition.”Ubben founded ValueAct Capital Management two decades ago. He left ValueAct in June to launch Inclusive Capital Partners, which is focused on investing in companies with a social or environmental angle. Ubben resigned from the board of power provider AES Corp., the company said Monday.Angelakis led strategic planning at Comcast and oversaw the company’s “successful transition into media and other technologies,” Exxon said.Click here to see ESG data from Bloomberg Intelligence(Adds SEC decision in eighth 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.