Citigroup

1-800-FLOWERS.COM, Inc.® Completes Its Acquisition of PersonalizationMall.com®

Monday, August 3, 2020 - 9:15pm

McCann noted that the addition of PersonalizationMall.com will increase the Companys annual revenue run rate to more than $1.6 billion.

Key Points: 
  • McCann noted that the addition of PersonalizationMall.com will increase the Companys annual revenue run rate to more than $1.6 billion.
  • The extensive product offering of PersonalizationMall.com includes a wide variety of personalization processes such as sublimation, embroidery, digital printing, engraving and sandblasting.
  • Citigroup Global Markets, Inc. served as exclusive financial advisor and Cahill Gordon & Reindel LLP served as legal counsel to 1-800-FLOWERS.COM, Inc. on the acquisition of PersonalizationMall.com.
  • Consequently, you should not consider any such list to be a complete set of all potential risks and uncertainties.

Citi Appointed Sole US Custodian by Peru’s Central Securities Depository CAVALI for Dual-Listed Securities

Monday, August 3, 2020 - 2:01pm

Citi has been selected to provide custody and tax services by CAVALI S.A. ICLV S.A., the central securities depository (CSD) for the Lima Stock Exchange for $6 billion of dual-listed securities.

Key Points: 
  • Citi has been selected to provide custody and tax services by CAVALI S.A. ICLV S.A., the central securities depository (CSD) for the Lima Stock Exchange for $6 billion of dual-listed securities.
  • We are proud to have been selected by CAVALI to provide custody and tax services for dual-listed securities, said Ricardo Hesse, Citis Latin America Head of Equities and Securities Services.
  • As the market infrastructure provider, CAVALI is at the center of initiatives to promote the sophistication of the domestic market.
  • The mandate builds on the long-standing relationship between Citi, CAVALI and BVL, and represents the majority of international assets listed locally.

Arcturus Therapeutics Announces Closing of Public Offering and Full Exercise of Underwriters’ Option to Purchase Additional Shares

Friday, July 31, 2020 - 9:01pm

Arcturus received total gross proceeds from the offering (before deducting the underwriting discounts and offering expenses) of approximately $200 million.

Key Points: 
  • Arcturus received total gross proceeds from the offering (before deducting the underwriting discounts and offering expenses) of approximately $200 million.
  • Citigroup, Guggenheim Securities and Barclays acted as joint book-running managers for the offering.
  • Baird, B. Riley FBR and H.C. Wainwright & Co. acted as co-lead managers for the offering.
  • The securities described above were offered by the Company pursuant to an effective shelf registration statement on Form S-3 (File No.

Real Estate Firm, PhillyLiving, Announces Strategic Partnership With PMG To Form PhillyLiving Management Group

Friday, July 31, 2020 - 1:49pm

One of the leading real estate businesses in the country, PhillyLiving, today announced a strategic partnership with the well-known property management firm, PMG, to form PhillyLiving Management Group .

Key Points: 
  • One of the leading real estate businesses in the country, PhillyLiving, today announced a strategic partnership with the well-known property management firm, PMG, to form PhillyLiving Management Group .
  • In July 2020, PMG decided that a strategic partnership with the respected real estate team, PhillyLiving, was the best way to service our tenants, homeowners, and landlords, said Mr. Bremner.
  • We certainly see PhillyLiving Management Group as a strategic step towards an exciting larger vision, said Mr. Ostroff.
  • Most recently in 2020, a new division of PhillyLiving called PhillyLiving Management Group was formed to expand the business in the area of property management.

360 Financial Group signs up for Magnifact's AgentVizion platform

Wednesday, July 29, 2020 - 12:00pm

CHICAGO, July 29, 2020 /PRNewswire/ -- Leading Chicago-based insurance technology firm, Magnifact, today announced that 360 Financial Group has signed up for its patent-pending AgentVizion platform.

Key Points: 
  • CHICAGO, July 29, 2020 /PRNewswire/ -- Leading Chicago-based insurance technology firm, Magnifact, today announced that 360 Financial Group has signed up for its patent-pending AgentVizion platform.
  • "We are very excited to extend this one-of-a-kind technology for 360 Financial Group," said Krish V. Krishnan, Magnifact Founder and CEO.
  • "What is really exciting about AgentVizion is the ability for my downline agents and agencies to view their own information dynamically, enabling them to be more successful, and eliminating any manual compilation of daily performance reports," said Brad Aden, President, 360 Financial Group.
  • 360 Financial Group is an independently-owned national financial and insurance marketing organization and brokerage agency based in St. Louis, MO.

HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Reminds J2 Global (JCOM) Investors of Securities Fraud Class Action and Important Investor Deadline, Encourages Investors with Losses to Contact the Firm Now

Tuesday, July 28, 2020 - 10:45pm

In response, the price of J2 Global shares traded sharply lower.

Key Points: 
  • In response, the price of J2 Global shares traded sharply lower.
  • Were focused on investors losses and proving J2 Global intentionally misrepresented the success of its roll-up strategy, said Reed Kathrein, the Hagens Berman partner leading the investigation.
  • If you purchased shares of J2 Global and suffered significant losses, click here to discuss your legal rights with Hagens Berman .
  • Hagens Berman is a national law firm with nine offices in eight cities around the country and eighty attorneys.

Sunwest Bank Adds Paul Simmons as Executive Vice President and Chief Credit Officer

Tuesday, July 28, 2020 - 1:38pm

IRVINE, Calif., July 28, 2020 /PRNewswire/ --Sunwest Bank is pleased to welcome Paul Simmons as its new Executive Vice President and Chief Credit Officer.

Key Points: 
  • IRVINE, Calif., July 28, 2020 /PRNewswire/ --Sunwest Bank is pleased to welcome Paul Simmons as its new Executive Vice President and Chief Credit Officer.
  • "We are thrilled to welcome Paul Simmons to the Sunwest team," said Carson Lappetito, president of Sunwest Bank.
  • Prior to joining Sunwest Bank, Simmons held leadership roles with Citigroup, GE Capital, Apollo Real Estate Advisors and Zions Bancorporation.
  • Simmons also served as Chief Credit Officer for two publicly held banks, Banc of California, and most recently, with Silvergate Bank.

Corning Reports Second-Quarter 2020 Results

Tuesday, July 28, 2020 - 12:15pm

On Sept. 2, Corning will attend the Jeffries Semiconductor, IT Hardware & Communication Infrastructure Summit.

Key Points: 
  • On Sept. 2, Corning will attend the Jeffries Semiconductor, IT Hardware & Communication Infrastructure Summit.
  • On Sept. 9, Corning will attend Citi's 2020 Global Technology Conference.
  • For a complete listing of risks and other factors, please reference the risk factors and forward-looking statements described in our annual reports on Form 10-K and quarterly reports on Form 10-Q.
  • Corning ( www.corning.com ) is one of the world's leading innovators in materials science, with a 169-year track record of life-changing inventions.

Citi Extends Fund Accounting Services to UK Investment Trusts

Tuesday, July 28, 2020 - 10:34am

Citi announced that it enhanced its UK fund servicing capabilities to include valuation, accounting, tax computation and filing, and reporting for investment trusts.

Key Points: 
  • Citi announced that it enhanced its UK fund servicing capabilities to include valuation, accounting, tax computation and filing, and reporting for investment trusts.
  • There are approximately 350 investment trusts in the UK with 186 billion in assets under management1.
  • Investment trusts are an important vehicle for UK asset managers, said Pervaiz Panjwani, EMEA Head of Custody and Fund Services Product at Citi.
  • Providing these enhanced Investment Trust services is a great example of us working with our clients to add value, said Niall Hornett, Head of UK fund product at Citi.

HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Encourages FirstEnergy (FE) Investors with $50K+ Losses to Contact Its Attorneys Now, Firm Investigating Possible Securities Fraud

Thursday, July 23, 2020 - 10:56pm

The Firm has opened an investigation into FirstEnergy and certain investors may have valuable claims.

Key Points: 
  • The Firm has opened an investigation into FirstEnergy and certain investors may have valuable claims.
  • Were focused on investors losses and whether FirstEnergy misled investors about the purpose and legality of company expenditures, said Reed Kathrein, the Hagens Berman partner leading the investigation.
  • If you purchased shares of FirstEnergy and suffered significant losses, click here to discuss your legal rights with Hagens Berman .
  • Hagens Berman is a national law firm with nine offices in eight cities around the country and eighty attorneys.