OCC | Jotup

H World Announces Q4 and Full Year of 2023 Operating Results, Full Year RevPAR in China Recovered to 122% of the 2019 Level

Retrieved on:

Wednesday, March 20, 2024

Momentum, RevPAR, ADR, City, DH, OCC, HKEX, Tourism

Breaking down into each month, the RevPAR in October, November and December 2023 recovered to 120%, 117% and 123% of the 2019 levels, respectively.

Key Points:

Breaking down into each month, the RevPAR in October, November and December 2023 recovered to 120%, 117% and 123% of the 2019 levels, respectively.
For H World International (formerly known as DH), the ADR was EUR115, and the OCC for all H World International hotels in operation was 63.8%.
Commencing from February 2023, each monthly RevPAR consistently surpasses the 115% relative to the recovery of the 2019 level.
While the RevPAR growth in 2023 was primarily driven by ADR, H World also experienced continuous recovery in the occupancy rate.

Innovator Expands Defined Protection 100% Buffer ETF™ Suite with AAPR Following Market Demand

Retrieved on:

Monday, April 1, 2024

Option, Funding, ETF, Name, Risk, FLEX, Date, Lovell Minnick Partners, Distribution, Prospectus, Investment, OCC, Fund, Security (finance)

The funds only seek to provide their investment objective, which is not guaranteed, over the course of an entire outcome period.

Key Points:

The funds only seek to provide their investment objective, which is not guaranteed, over the course of an entire outcome period.
Depending upon market conditions at the time of purchase, a shareholder that purchases shares after the Outcome Period has begun may also lose their entire investment.
For instance, if the Outcome Period has begun and the Fund has decreased in value beyond the pre-determined buffer, an investor purchasing shares at that price may not benefit from the buffer.
The Funds seek to provide shareholders that hold Shares for the entire Outcome Period with a Buffer against the Underlying ETF losses during the Outcome Period.

EFI Expands Portfolio of Innovation for Sign and Display Graphics at FESPA with New VUTEk Q3h XP and EFI Pro 33r Printers

Retrieved on:

Tuesday, March 19, 2024

Fire, Ricoh, Worldwide, Growth, Nozomi, Printing, CMYK, DFE, LCA, RAI, Convention center, Blockout, Electronics, Life-cycle assessment, Reggiani, POP, XP, EFI, OCC, RSVP, Exhibition, Paper, LED, ISO, GWP, 3D printing

“With a comprehensive portfolio of production printers with the most advanced technology and innovative inks and coatings for the sign and display.

Key Points:

“With a comprehensive portfolio of production printers with the most advanced technology and innovative inks and coatings for the sign and display.
The new, 3.3-metre-wide VUTEk Q3h XP hybrid flatbed/roll-fed LED printer, making its worldwide debut, is designed to provide high-quality imaging and production-level printing for faster turnarounds.
The printer is available with four (CMYK) or six (CMYK, lc, lk) colours and optional white and clear inks.
EFI is also exhibiting the 3.5-metre-wide EFI VUTEk Q3r roll-to-roll LED printer that provides a complete print-to-finished graphic workflow, from RIP to finished product.

ACAMS Empowers Anti-Financial Crime Professionals at The Assembly Hollywood with an Esteemed Speaker Line-Up, Facilitating Navigation Through the Rapid Regulatory Evolution

Retrieved on:

Thursday, March 14, 2024

Assembly, ACAMS, BOI, FDIC, Knowledge, Comptroller, Private sector, Financial Crimes Enforcement Network, Economy, Federal Deposit Insurance Corporation, Fed, OCC, Justice minister, Treasury, HSI, AFC

The event will take place at the Diplomat Beach Resort Hollywood in Hollywood, Florida, starting on April 8.

Key Points:

The event will take place at the Diplomat Beach Resort Hollywood in Hollywood, Florida, starting on April 8.
Alongside the establishment of the new U.S. beneficial ownership information (BOI) registry, the conference will unravel a deluge of recent AFC advancements from across the globe.
A convergence of factors including advancements in technology, evolving crime trends, geopolitical shifts, economic fluctuations and regulatory dynamics are forming significant challenges for the AFC community.
For more information on The Assembly Hollywood, including access to the agenda and registration portal, please visit: https://www.acams.org/en/events/the-assembly/the-assembly-hollywood

EFI Completes Life Cycle Assessment for Nozomi Digital Direct-to-Corrugated Printer

Retrieved on:

Thursday, March 14, 2024

LONDONDERRY, N.H., March 14, 2024 (GLOBE NEWSWIRE) -- Electronics For Imaging, Inc ., today reported it has completed a life cycle assessment (LCA) of Nozomi single-pass digital print technology in partnership with award-winning sustainability consulting firm Clean Agency .

Key Points:

LONDONDERRY, N.H., March 14, 2024 (GLOBE NEWSWIRE) -- Electronics For Imaging, Inc ., today reported it has completed a life cycle assessment (LCA) of Nozomi single-pass digital print technology in partnership with award-winning sustainability consulting firm Clean Agency .
According to the LCA, printing corrugated materials on an EFI Nozomi digital press reduces global warming potential (GWP) by approximately 50% when compared to analog printing technologies.
Because of their Nozomi investment in EFI digital printing, in 2023, Caps Cases avoided approximately 300,000 kilograms of CO2e when compared to analog methods.
EFI Nozomi LED inks emit virtually no volatile organic compounds (VOCs), meeting the GREENGUARD Gold standard and requiring no vapor recovery.

KBRA Publishes Ratings for Western Alliance Trust Company, N.A.

Retrieved on:

Friday, April 5, 2024

Banking, Professional Services, Finance, Western Alliance Bancorporation, WAL, BBB, WATC, Outlook, OCC, KBRA, Security (finance)

KBRA publishes its Issuer rating of BBB+ for Western Alliance Trust Company, N.A.

Key Points:

KBRA publishes its Issuer rating of BBB+ for Western Alliance Trust Company, N.A.
(“WATC” or “the company”), an OCC-chartered, non-depository national trust bank that is a wholly-owned subsidiary of Western Alliance Bancorporation (NYSE: WAL; “parent company”), for which KBRA maintains a senior unsecured debt rating of BBB+.
On November 17, 2023, KBRA assigned an Issuer rating of BBB+ to WATC on an unpublished basis.
Accordingly, any changes to WAL’s ratings or the existing Stable Outlook for the parent company’s long-term ratings, would be accompanied by the same action for WATC’s rating.

Clear Street Launches Clearing Services for Market Makers

Retrieved on:

Thursday, April 4, 2024

Professional Services, Data Management, Technology, Finance, Software, Banking, Risk, Option, Policy, OCC, Entrepreneurship

Clear Street (“Clear Street,” “the Company”), a New York-based diversified financial services firm, is pleased to announce the availability of professional clearing services for registered market makers in listed U.S. equities and options, marking the first successful entry into the professional clearing market in close to a decade.

Key Points:

Clear Street (“Clear Street,” “the Company”), a New York-based diversified financial services firm, is pleased to announce the availability of professional clearing services for registered market makers in listed U.S. equities and options, marking the first successful entry into the professional clearing market in close to a decade.
Clients benefit from Clear Street’s agility and an underlying infrastructure that supports an improved risk and margin policy model.
Clear Street is a member of twenty-nine (29) U.S. listed equity and options exchanges and was recently approved by the Options Clearing Corporation (OCC) to provide clearing services to registered options market makers.
Clear Street has built a proprietary clearing system with the scale and reliability needed to meet the demands of today’s high-performance market-making firms.

Dynamic Digital Transformation, a DMI Joint Venture, Wins $14.5 Million Contract with U.S. Treasury for Enterprise Mobility Management

Retrieved on:

Thursday, March 21, 2024

DMI, a global leader in end-to-end managed mobility services, has partnered with Dynamic Solutions Technology to form a joint venture, Dynamic Digital Transformation (DDT), which has been awarded a contract by the U.S. Department of Treasury’s Office of the Comptroller of the Currency (OCC) to support and manage the bureau’s enterprise mobility management services (EMMS).

Key Points:

DMI, a global leader in end-to-end managed mobility services, has partnered with Dynamic Solutions Technology to form a joint venture, Dynamic Digital Transformation (DDT), which has been awarded a contract by the U.S. Department of Treasury’s Office of the Comptroller of the Currency (OCC) to support and manage the bureau’s enterprise mobility management services (EMMS).
DMI will also deliver reporting and dashboarding capabilities that will increase visibility, tracking and transparency to reduce costs, improve productivity and increase security for the bureau.
We are proud to apply our expertise being at the crossroads of the public and private sectors to continue being a valued partner to the OCC,” said Amy Rall, president of DMI's federal group.
At the forefront of supporting mobile devices, DMI has delivered hundreds of successful implementations with a footprint in over 78 countries and more than four million mobile devices under management.

Atour Lifestyle Holdings Limited Riding Waves of Shift to Experience-Focused Tourism

Retrieved on:

Wednesday, April 3, 2024

RevPAR, Growth, Sport, Tourism, Trust, ADR, Travel, City, OCC, Ministry

SHANGHAI, April 3, 2024 /PRNewswire/ -- Atour Lifestyle Holdings Limited (NASDAQ: ATAT), a leading hospitality and lifestyle company in China, reported robust growth in 2023 fueled by a rebound in domestic travel and its focus on experience-led offerings.

Key Points:

SHANGHAI, April 3, 2024 /PRNewswire/ -- Atour Lifestyle Holdings Limited (NASDAQ: ATAT), a leading hospitality and lifestyle company in China, reported robust growth in 2023 fueled by a rebound in domestic travel and its focus on experience-led offerings.
Atour, a trailblazer in the "lifestyle hotel" category, prioritizes delivering tailored, high-quality experiences for diverse consumers and scenarios.
Beyond an uptake in financial figures, Atour also saw major business metrics rise rapidly in 2023.
As of December 31, 2023, Atour had 1,210 hotels in operation across its network, representing a year-on-year growth of 29.8%.

Zambia External Bondholder Steering Committee Reaches Agreement with Zambia on Debt Restructuring

Retrieved on:

Monday, March 25, 2024

Index, Government, Documentation, Farallon Capital, Committee, LLP, RBC, IMF, AIP, Greylock Capital Management, OCC, The Committee, World Bank, Limited, Weil, Gotshal & Manges, Security (finance)

LONDON, March 25, 2024 /PRNewswire/ -- The Zambia External Bondholder Steering Committee (the "Committee") is pleased to announce that it has reached a conclusive agreement (the "2024 Agreement") with the Government of Zambia (the "Government") on a restructuring of Zambia's (i) US$750,000,000 5.375 per cent.

Key Points:

LONDON, March 25, 2024 /PRNewswire/ -- The Zambia External Bondholder Steering Committee (the "Committee") is pleased to announce that it has reached a conclusive agreement (the "2024 Agreement") with the Government of Zambia (the "Government") on a restructuring of Zambia's (i) US$750,000,000 5.375 per cent.
Prompt implementation of a debt restructuring agreement with bondholders is not only in Zambia's interests, but the wider creditor community as a whole.
The proposed restructuring terms set out in the 2024 Agreement are based on the same structure as the November 2023 AIP.
Implementation of the 2024 Agreement is conditional on mutual agreement on deal documentation, and the objective is to fully implement the agreement as promptly as feasible.