Investment

CPIC Celebrates 30th Anniversary Practicing "long-termism" to Build Green Development

Saturday, May 15, 2021 - 7:45am

In April, CPIC once again co-hosted an ESG-themed summit with Shanghai United Assets and Equity Exchange (SUAEE) and UBS to make efforts to build a new model of insurance industry that supports green and low-carbon development.

Key Points: 
  • In April, CPIC once again co-hosted an ESG-themed summit with Shanghai United Assets and Equity Exchange (SUAEE) and UBS to make efforts to build a new model of insurance industry that supports green and low-carbon development.
  • In addition to direct participation in the investment and construction of green projects, the company made indirect investments, especially via green bond, thereby injecting impetus into the development of green finance.
  • KONG Qingwei, Chairman of CPIC, said at the Group\'s 30-year Work Summary and Development Conference: "This year marks the 30th anniversary of CPIC, and the spirit of youth will never end.
  • Stepping into its 30s, CPIC takes green development as its goal, and reform and innovation as its driving force.

Glacier Reports First Quarter 2021 Results

Friday, May 14, 2021 - 11:00pm

Consolidated EBITDA was $4.4 million for the three months ended March 31, 2021, up $2.5 million from the same period in the prior year.

Key Points: 
  • Consolidated EBITDA was $4.4 million for the three months ended March 31, 2021, up $2.5 million from the same period in the prior year.
  • The Company recognized a gain on sale of the energy operations of $2.2 million during the current period.
  • Shareholders of GVIC received, for each GVIC Share held, 0.8 of a common share of Glacier.
  • The Company had made progress in this regard in the first two months of the first quarter of 2020 before the impact of the pandemic set in.

HEXO Corp Announces Filing of Preliminary Base Shelf Prospectus for Debt and Planned Reduction in Previously Filed Shelf Prospectus for Equity

Friday, May 14, 2021 - 9:35pm

b'OTTAWA, May 14, 2021 (GLOBE NEWSWIRE) -- HEXO Corp (\xe2\x80\x9cHEXO\xe2\x80\x9d, or the \xe2\x80\x9cCompany\xe2\x80\x9d) (TSX: HEXO; NYSE: HEXO) today announced it has filed a new preliminary short form base shelf prospectus for debt securities (the "Base Shelf Prospectus") with securities regulators in each of the provinces and territories of Canada and a corresponding shelf registration statement on Form F\xe2\x80\x9310 (the "Registration Statement") with the United States Securities and Exchange Commission (the "SEC").

Key Points: 
  • b'OTTAWA, May 14, 2021 (GLOBE NEWSWIRE) -- HEXO Corp (\xe2\x80\x9cHEXO\xe2\x80\x9d, or the \xe2\x80\x9cCompany\xe2\x80\x9d) (TSX: HEXO; NYSE: HEXO) today announced it has filed a new preliminary short form base shelf prospectus for debt securities (the "Base Shelf Prospectus") with securities regulators in each of the provinces and territories of Canada and a corresponding shelf registration statement on Form F\xe2\x80\x9310 (the "Registration Statement") with the United States Securities and Exchange Commission (the "SEC").
  • Upon the Base Shelf Prospectus and Registration Statement being made final, the Company will reduce the amount available for offerings under the Equity Base Shelf Prospectus and the Equity Registration Statement from $1,200,000,000 to $700,000,000, so that the amount available for both equity and debt offerings under the Equity Base Shelf Prospectus and Equity Registration Statement and the Base Shelf Prospectus and Registration Statement, respectively, totals $1,200,000,000.\nThe Base Shelf Prospectus and Registration Statement have been filed with applicable Canadian securities regulators and the SEC, respectively, but are not yet effective.
  • Securities may not be sold nor may offers to buy be accepted prior to the time the Base Shelf Prospectus and Registration Statement become effective.
  • After the Base Shelf Prospectus and Registration Statement become effective, a copy of the Registration Statement and a copy of the Base Shelf Prospectus contained therein can be obtained by contacting HEXO at 3000 Solandt Road, Kanata, Ontario, K2K 2X2, Attention: Corporate Secretary.

Gabelli Go Anywhere Trust Series A Cumulative Preferred Shares Declares $0.50 Quarterly Dividend and Announces Intention to Redeem

Friday, May 14, 2021 - 9:05pm

Based on the accounting records of the Fund currently available, the distributions paid to preferred shareholders in 2021 would include approximately 2% from net investment income and 98% from net capital gains on a book basis.

Key Points: 
  • Based on the accounting records of the Fund currently available, the distributions paid to preferred shareholders in 2021 would include approximately 2% from net investment income and 98% from net capital gains on a book basis.
  • The estimated components of each distribution are updated and provided to shareholders of record in a notice accompanying the distribution and are available on our website ( www.gabelli.com ).
  • The final determination of the sources of all distributions in 2021 will be made after year end and can vary from the quarterly estimates.
  • The Fund is managed by Gabelli Funds, LLC, a subsidiary of GAMCO Investors, Inc. (NYSE:GBL).\n'

Creatd, Inc. Raises $4.0 Million in Private Placement of Notes Convertible at $5.00, and Warrants Exercisable at $4.50

Friday, May 14, 2021 - 9:21pm

The notes are convertible into shares of Creatd\'s common stock at a price of $5.00 per share.

Key Points: 
  • The notes are convertible into shares of Creatd\'s common stock at a price of $5.00 per share.
  • The notes carry an original issue discount, making the aggregate principal amount $4.67 million.
  • Additionally, the Company issued the investors an aggregate of 1,090,908 warrants, exercisable at a price of $4.50 per share.
  • Lind makes direct investments ranging from US$1 to US$30 million, invests in syndicated equity offerings and selectively buys on market.

PIMCO Canada Corp. Announces Monthly Distributions for PIMCO Canada Exchange Traded Series

Friday, May 14, 2021 - 7:21pm

Today we have offices across the globe and 3,000+ professionals united by a single purpose: creating opportunities for investors in every environment.

Key Points: 
  • Today we have offices across the globe and 3,000+ professionals united by a single purpose: creating opportunities for investors in every environment.
  • The forward-looking statements are not historical facts but reflect the Funds\xe2\x80\x99, PIMCO Canada\xe2\x80\x99s and/or PIMCO\xe2\x80\x99s current expectations regarding future results or events.
  • PIMCO Canada will remain responsible for any loss that arises out of the failure of its sub-adviser.\nPIMCO as a general matter provides services to qualified institutions, financial intermediaries and institutional investors.
  • PIMCO is a trademark of Allianz Asset Management of America L.P. in the United States and throughout the world.

Doniel Sutton Elected to Morningstar's Board of Directors

Friday, May 14, 2021 - 6:15pm

The Company offers an extensive line of products and services for individual investors, financial advisors, asset managers and owners, retirement plan providers and sponsors, and institutional investors in the debt and private capital markets.

Key Points: 
  • The Company offers an extensive line of products and services for individual investors, financial advisors, asset managers and owners, retirement plan providers and sponsors, and institutional investors in the debt and private capital markets.
  • Morningstar provides data and research insights on a wide range of investment offerings, including managed investment products, publicly listed companies, private capital markets, debt securities, and real-time global market data.
  • Morningstar also offers investment management services through its investment advisory subsidiaries, with approximately $244 billion in assets under advisement and management as of March 31, 2021.
  • For more information, visit www.morningstar.com/company .Follow Morningstar on Twitter @MorningstarInc.\n'

Analysis of the Momentum Strategy on Hedge Funds from 2020 to 2021 by AlternativeSoft

Friday, May 14, 2021 - 4:13pm

b'We selected the 5 funds with the highest 2020 returns to see if a simple momentum would have worked in 2021.\nUsing data from HFR and Eurekahedge, we selected the top performing funds of 2020.

Key Points: 
  • b'We selected the 5 funds with the highest 2020 returns to see if a simple momentum would have worked in 2021.\nUsing data from HFR and Eurekahedge, we selected the top performing funds of 2020.
  • These funds generate returns between 149% and 300% in 2020.
  • However, when we analysed the performance of the same funds in the first quarter of 2021, we found out that theirs momentum were not carried over.
  • Overall, the top 5 funds in 2020 generated an average return of 203.81%, while these same 5 funds in Q1 of 2021 generated an average return of 13.26%.\n'

Superdry plc: Director/PDMR Shareholding

Friday, May 14, 2021 - 4:02pm

b"Dissemination of a Regulatory Announcement, transmitted by EQS Group.\nThe issuer is solely responsible for the content of this announcement.\nOn 14 May 2021, the following transactions by PDMRs took place in relation to Superdry's Share Incentive Plan ('SIP').

Key Points: 
  • b"Dissemination of a Regulatory Announcement, transmitted by EQS Group.\nThe issuer is solely responsible for the content of this announcement.\nOn 14 May 2021, the following transactions by PDMRs took place in relation to Superdry's Share Incentive Plan ('SIP').
  • The SIP is an all-employee trust arrangement approved by HM Revenue and Customs, under which employees are able to buy shares in the Company of 5 pence each ('Ordinary Shares'), using deductions from salary in each calendar month ('Partnership Shares'), and receive allocations of matching free Ordinary Shares ('Matching Shares').\nDetails of the number of Partnership Shares purchased by the PDMRs at a price of \xc2\xa34.575 per Ordinary Share, and the number of Matching Shares allocated by the SIP Trustees to the PDMRs for no consideration, are set out against their names in the table below.\n"

Lazard Global Total Return and Income Fund Declares Monthly Distribution

Friday, May 14, 2021 - 3:05pm

b'The Board of Directors of Lazard Global Total Return and Income Fund, Inc. (the \xe2\x80\x9cFund\xe2\x80\x9d) (NYSE:LGI) has authorized the Fund to declare today, pursuant to a level distribution policy, a monthly distribution of $0.11512 per share on the Fund\xe2\x80\x99s outstanding common stock.

Key Points: 
  • b'The Board of Directors of Lazard Global Total Return and Income Fund, Inc. (the \xe2\x80\x9cFund\xe2\x80\x9d) (NYSE:LGI) has authorized the Fund to declare today, pursuant to a level distribution policy, a monthly distribution of $0.11512 per share on the Fund\xe2\x80\x99s outstanding common stock.
  • The distribution is payable on June 22, 2021 to shareholders of record on June 9, 2021.
  • Additionally, any notices required by Section 19(a) of the Investment Company Act of 1940, as amended, which provide information regarding the respective estimated amounts of each monthly distribution derived from net investment income, net realized capital gains (short- and long-term) and return of capital, will also be available on www.LazardAssetManagement.com .\nThe Fund\xe2\x80\x99s investment objective is total return, consisting of capital appreciation and current income.
  • As of April 30, 2021, LAM and affiliated asset management companies in the Lazard Group managed $274.4 billion worth of client assets.