Primary dealers

Upstart Announces Pricing of Initial Public Offering

Retrieved on: 
Wednesday, December 16, 2020
Finance, Banking, Professional services, Technology, Software, Finance, Financial markets, Financial economics, Corporate finance, Stock market, Subprime mortgage crisis, Primary dealers, Initial public offering, Goldman Sachs, Stock, Security, Citigroup

Upstart Holdings, Inc. (Upstart) announced today the pricing of its initial public offering of its common stock at a price to the public of $20.00 per share.

Key Points: 
  • Upstart Holdings, Inc. (Upstart) announced today the pricing of its initial public offering of its common stock at a price to the public of $20.00 per share.
  • Upstart is offering 9,000,000 shares of its common stock and selling stockholders are offering 3,015,690 shares of its common stock.
  • In addition, certain selling stockholders have granted the underwriters a 30-day option to purchase up to 1,802,353 additional shares of common stock at the initial public offering price less underwriting discounts.
  • Goldman Sachs & Co. LLC, BofA Securities and Citigroup are acting as lead book-running managers for this offering.

Essex Bank Announces Resignation of Chief Credit Officer

Retrieved on: 
Tuesday, December 15, 2020
Finance, Companies, Banks, Primary dealers, Bankers Trust, UBS

RICHMOND, Va., Dec. 15, 2020 /PRNewswire/ -- Essex Bank, the banking subsidiary of Community Bankers Trust Corporation (NASDAQ: ESXB), announced today that Patricia M. Davis, the Bank's Executive Vice President and Chief Credit Officer, will resign from the Bank effective February 28, 2021.

Key Points: 
  • RICHMOND, Va., Dec. 15, 2020 /PRNewswire/ -- Essex Bank, the banking subsidiary of Community Bankers Trust Corporation (NASDAQ: ESXB), announced today that Patricia M. Davis, the Bank's Executive Vice President and Chief Credit Officer, will resign from the Bank effective February 28, 2021.
  • Rex L. Smith, III, President and Chief Executive Officer of Community Bankers Trust Corporation and Essex Bank, stated, "On behalf of our Board of Directors and the management team, we are very grateful for everything that Patti has improved in our credit function, especially over the past six years.
  • Her leadership has been integral in enhancing our credit structure and otherwise maintaining our high standards for safety and soundness.
  • The Bank will appoint a new Chief Credit Officer following internal and external executive searches.

Air Canada Announces Offering of Shares

Retrieved on: 
Tuesday, December 15, 2020
Banks, Companies, Finance, Primary dealers, Subprime mortgage crisis, Star Alliance, House of Morgan, Citigroup, Midtown Manhattan, Air Canada, Morgan Stanley, TD Securities

TD Securities Inc., J.P. Morgan Securities Canada Inc., Citigroup Global Markets Canada Inc. and Morgan Stanley Canada Limited are acting as joint active book-running managers for the Offering.

Key Points: 
  • TD Securities Inc., J.P. Morgan Securities Canada Inc., Citigroup Global Markets Canada Inc. and Morgan Stanley Canada Limited are acting as joint active book-running managers for the Offering.
  • Class B Voting Shares of Air Canada may only be owned and controlled by Canadians.
  • Air Canada is a founding member of Star Alliance, the world's most comprehensive air transportation network.
  • Air Canada is the only international network carrier in North America to receive a Four-Star ranking according to independent U.K. research firm Skytrax, which also named Air Canada the 2019 Best Airline in North America.

Gores Holdings VI, Inc. Completes $345 Million Initial Public Offering

Retrieved on: 
Tuesday, December 15, 2020
Banking, Professional services, Finance, Finance, Financial markets, Money, Primary dealers, Subprime mortgage crisis, Stock market, Actuarial science, Underwriting, Morgan Stanley, Initial public offering, Ticker symbol

The offering was priced at $10.00 per unit, resulting in gross proceeds of $345,000,000, before deducting underwriting discounts and commissions and other offering expenses payable by the Company.

Key Points: 
  • The offering was priced at $10.00 per unit, resulting in gross proceeds of $345,000,000, before deducting underwriting discounts and commissions and other offering expenses payable by the Company.
  • The Companys units began trading on the Nasdaq Capital Market under the ticker symbol GHVIU on December 11, 2020.
  • Deutsche Bank Securities Inc. and Morgan Stanley & Co. LLC are serving as joint book-running managers for the offering.
  • This press release contains statements that constitute forward-looking statements, including with respect to the proposed initial public offering and the anticipated use of the net proceeds.

Morgan Stanley Schedules Quarterly Investor Conference Call

Retrieved on: 
Tuesday, December 15, 2020
Banking, Professional services, Finance, Finance, Financial services, Money, Primary dealers, Subprime mortgage crisis, House of Morgan, Mitsubishi UFJ Financial Group, Morgan Stanley, New York Stock Exchange, Investment banking, Wealth management

Morgan Stanley (NYSE: MS) will announce its fourth quarter 2020 financial results on Wednesday, January 20, 2021, at approximately 7:30 a.m. (ET).

Key Points: 
  • Morgan Stanley (NYSE: MS) will announce its fourth quarter 2020 financial results on Wednesday, January 20, 2021, at approximately 7:30 a.m. (ET).
  • A conference call to discuss the results will be held on January 20, 2021, at 8:30 a.m. (ET).
  • Morgan Stanley is a leading global financial services firm providing investment banking, securities, wealth management and investment management services.
  • For more information about Morgan Stanley, please visit www.morganstanley.com .

H1 2020 Financial Results

Retrieved on: 
Tuesday, December 15, 2020
Online Retail, Data management, Retail, Technology, Mobile, Wireless, Software, Finance, Financial services, Banks, Primary dealers, Subprime mortgage crisis, UBS, Warburg family, New York Stock Exchange

Global Blue Group Holding AG (NYSE: GB and GB.WS) announced that, later today, on 15th December 2020, it will publish its financial results for the half-year period from 1st April 2020 to 30th September 2020, which will include the financial statements, Managements Discussion and Analysis (MD&A) as well as an investor presentation, in each case, for such half-year period.

Key Points: 
  • Global Blue Group Holding AG (NYSE: GB and GB.WS) announced that, later today, on 15th December 2020, it will publish its financial results for the half-year period from 1st April 2020 to 30th September 2020, which will include the financial statements, Managements Discussion and Analysis (MD&A) as well as an investor presentation, in each case, for such half-year period.
  • An audio recording of commentary on the H1 Global Blue financial results by Jacques Stern, Chief Executive Officer of Global Blue, and Loic Jenouvrier, Chief Financial Officer of Global Blue, will also be made available.
  • These materials will be available on Global Blues Corporate website, www.globalblue.com/corporate and can be found in the Investors section, under the Financial publications and Regulatory information & SEC filings subsections.
  • In the financial year ending 31 March 2020, Global Blue processed 35 million Tax Free Shopping transactions with a total value of 18.5 billion sales in store, and 31 million Added-Value Payment Solutions transactions with a total value of 4.4 billion sales in store.

HotForex Receives Two New Exceptional Global Awards

Retrieved on: 
Tuesday, December 15, 2020
Foreign exchange companies, Primary dealers

PORT LUIS, Mauritius, Dec. 15, 2020 /PRNewswire/ -- Leading CFD broker HotForex announces it has received two new titles from the International Investor Awards, the "Best Partners Program - Global 2020" and "Customer Service Excellence - Global 2020" awards, as a recognition of the company's exceptional commitment to serving clients and partners alike, helping them feel secure, supported, valued and confident!

Key Points: 
  • PORT LUIS, Mauritius, Dec. 15, 2020 /PRNewswire/ -- Leading CFD broker HotForex announces it has received two new titles from the International Investor Awards, the "Best Partners Program - Global 2020" and "Customer Service Excellence - Global 2020" awards, as a recognition of the company's exceptional commitment to serving clients and partners alike, helping them feel secure, supported, valued and confident!
  • The company also received the "Customer Service Excellence Global 2020" award for providing unparalleled customer service and support to its clients worldwide.
  • Visit the HotForex website today to find out more about their award-winning partnership program and the advantages of trading with a reliable global broker.
  • HotForex is an internationally acclaimed multi-asset broker of choice to over 2.5 million live accounts worldwide that has earned over 45 coveted industry awards in its ten year history.

HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Encourages Penumbra (PEN) Investors to Contact Its Attorneys Now, Firm Investigating Possible Securities Fraud

Retrieved on: 
Monday, December 14, 2020
Primary dealers, Subprime mortgage crisis, Steve Berman, Securities fraud, Penumbra, Citigroup, Economy of New York City, Companies, Banks

SAN FRANCISCO, Dec. 14, 2020 (GLOBE NEWSWIRE) -- Hagens Berman urges Penumbra, Inc. (NYSE: PEN) investors to submit their losses now .

Key Points: 
  • SAN FRANCISCO, Dec. 14, 2020 (GLOBE NEWSWIRE) -- Hagens Berman urges Penumbra, Inc. (NYSE: PEN) investors to submit their losses now .
  • The firm is investigating possible securities fraud and encourages investors with losses and persons who may be able to assist in the investigation to contact the firm now.
  • The investigation centers on whether Penumbra and senior executives may have misled investors about, among other things, the companys statements about its flagship products for treating ischemic stroke.
  • Hagens Berman is a national law firm with nine offices in eight cities around the country and eighty attorneys.

SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in JPMorgan Chase & Co. of Class Action Lawsuit and Upcoming Deadline – JPM

Retrieved on: 
Sunday, December 13, 2020
House of Morgan, Finance, Financial services, Banking, Abraham Pomerantz, JPMorgan Chase, Primary dealers, Pomerantz, JPM, Chase Bank, Securities Class Action

NEW YORK, Dec. 13, 2020 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against JPMorgan Chase & Co. (JPMorgan or the Company) (NYSE: JPM) and certain of its officers.

Key Points: 
  • NEW YORK, Dec. 13, 2020 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against JPMorgan Chase & Co. (JPMorgan or the Company) (NYSE: JPM) and certain of its officers.
  • If you are a shareholder who purchased JPMorgan securities during the class period, you have until December 23, 2020 to ask the Court to appoint you as Lead Plaintiff for the class.
  • To discuss this action, contact Robert S. Willoughby at [email protected] or 888.476.6529 (or 888.4-POMLAW), toll-free, Ext.
  • Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions.

CI Financial Announces Pricing of US$700 Million Notes Offering

Retrieved on: 
Thursday, December 10, 2020
Professional services, Finance, Primary dealers, Finance, Banks of the United States, CI Financial, Financial services, BofA Securities, Security

CI Financial Corp. (CI) (TSX: CIX; NYSE: CIXX), a diversified global asset and wealth management company, announced today that it has priced an underwritten public offering of US$700 million aggregate principal amount of 3.200% notes due 2030.

Key Points: 
  • CI Financial Corp. (CI) (TSX: CIX; NYSE: CIXX), a diversified global asset and wealth management company, announced today that it has priced an underwritten public offering of US$700 million aggregate principal amount of 3.200% notes due 2030.
  • BofA Securities, Inc. is acting as book-running manager for the offering, and J.P. Morgan Securities LLC is acting as joint-lead manager.
  • CI Financial Corp. is an independent company offering global asset management and wealth management advisory services.
  • This press release contains forward-looking statements with respect to CI and the offering of its notes, including in relation to the anticipated closing date of the offering and use of the net proceeds of the offering.