Economy of the United Kingdom

Survey: COVID-19 Crisis Has Pushed Treasury to the Forefront

Retrieved on: 
Wednesday, September 9, 2020

Fully83% of treasury professionals said they believe there has been a significantly greater or greater value assigned to treasury throughout the COVID-19 crisis.

Key Points: 
  • Fully83% of treasury professionals said they believe there has been a significantly greater or greater value assigned to treasury throughout the COVID-19 crisis.
  • Despite the slight drop-off, this data suggests that the treasury function will continue to play a prominent strategic role once the crisis ends.
  • Much like they did during the Global Financial Crisis, companies are trusting the treasury function to provide guidance amid unprecedented circumstances."
  • AFP established and administers the Certified Treasury Professional and Certified Corporate FP&A Professional credentials, which set standards of excellence in treasury and finance.

Dave Dacquino Appointed to Nathan Board of Directors

Retrieved on: 
Monday, August 31, 2020

ARLINGTON, Va., Aug. 31, 2020 /PRNewswire/ --Nathan Associates, Inc. (Nathan), a private international economic and analytics consulting firm, announced today that David J. Dacquino, Chairman of the Board and Chief Executive Officer (CEO) of Serco Inc., has been appointed to Nathan's Board of Directors.

Key Points: 
  • ARLINGTON, Va., Aug. 31, 2020 /PRNewswire/ --Nathan Associates, Inc. (Nathan), a private international economic and analytics consulting firm, announced today that David J. Dacquino, Chairman of the Board and Chief Executive Officer (CEO) of Serco Inc., has been appointed to Nathan's Board of Directors.
  • Mr. Dacquino has a successful track record of leading businesses as CEO at Serco, Skylink Aviation, and VT Group.
  • "Dave Dacquino is a highly accomplished and respected business leader, and we are so pleased he has joined our board of directors.
  • Dave brings critical experience in large global operations that will help us advance our plans to continue to grow and diversity Nathan," said Susan Chodakewitz, President and CEO of Nathan.

Biofrontera report results for the first six months of 2020

Retrieved on: 
Wednesday, August 26, 2020

Since mid-March 2020, Biofrontera has been directly affected by the global coronavirus crisis.

Key Points: 
  • Since mid-March 2020, Biofrontera has been directly affected by the global coronavirus crisis.
  • The strengthening of the commercial alignment of the US business by reorganizing the US subsidiary Biofrontera Inc. will continue in the second half of the year.
  • Product sales of EUR 1.0 million were generated in the rest of Europe, compared to EUR 1.4 million in the prior year period.
  • The strong sales development in Spain in the first months of the year was temporarily halted due to the particularly strict lockdown regulations there.

DGAP-News: DEMIRE Deutsche Mittelstand Real Estate AG: Notification pursuant to section 43 (1) WpHG

Retrieved on: 
Tuesday, August 18, 2020

DEMIRE Deutsche Mittelstand Real Estate AG: Notification pursuant to section 43 (1) WpHG

Key Points: 
  • DEMIRE Deutsche Mittelstand Real Estate AG: Notification pursuant to section 43 (1) WpHG
    The issuer is solely responsible for the content of this announcement.
  • With reference to the notification pursuant to section 43 (1) WpHG dated 26 March 2018 regarding the objectives pursued with the acquisition of the voting rights (published by DEMIRE Deutsche Mittelstand Real Estate AG on 28 March 2018), BRH Holdings GP, Ltd., George Town, Cayman Islands, informed us - also on behalf of the subsidiaries it controls - on 14 August 2020 pursuant to section 43 (1) sentence 2 WpHG of a change in the objectives within the meaning of section 43 (1) sentence 1 WpHG:
    - The intentions of BRH Holding GP, Ltd. and the subsidiaries it controls with regard to the dividend policy of DEMIRE Deutsche Mittelstand Real Estate AG have changed.
  • The aim is that DEMIRE Deutsche Mittelstand Real Estate AG will pay an appropriate dividend to its shareholders.
  • - Apart from that, the objectives set out in the announcement of March 26, 2018 remain unchanged.

Edge Capital Group Named to 2020 FT 300: Top Registered Investment Advisers and FA Magazine's 2020 RIA Ranking List

Retrieved on: 
Wednesday, August 12, 2020

ATLANTA, Aug. 12, 2020 /PRNewswire/ --Edge Capital Group is pleased to announce it has been named to the 2020 Financial Times (FT) 300: Top Registered Investment Advisers.

Key Points: 
  • ATLANTA, Aug. 12, 2020 /PRNewswire/ --Edge Capital Group is pleased to announce it has been named to the 2020 Financial Times (FT) 300: Top Registered Investment Advisers.
  • Edge Capital was also ranked among the Top 100 in Financial Advisor (FA) Magazine's 2020 RIA Ranking.
  • Edge Capital is an independently managed RIA headquartered in Atlanta, with offices in Charlotte, NC; Dallas, TX; Lexington, KY; Nashville, TN; and Tampa, FL.
  • This is the seventh annual FT 300 list produced independently by Ignites Research, a division of Money-Media, Inc. on behalf of FA.

BAE Systems Announces Expansion in Austin, Texas With a New Campus Development

Retrieved on: 
Tuesday, August 11, 2020

BAE Systems, one of the worlds leading aerospace and defense technology companies, is expanding its operations in Austin, Texas, with a new major campus development in Parmer Austin Business Park.

Key Points: 
  • BAE Systems, one of the worlds leading aerospace and defense technology companies, is expanding its operations in Austin, Texas, with a new major campus development in Parmer Austin Business Park.
  • When completed, BAE Systems new campus will be valued at approximately $150 million and will include engineering, manufacturing, laboratory, and office space to primarily support U.S. Department of Defense customers.
  • BAE Systems is a member of the Capital Factorys Innovation Council and collaborates with startups and small businesses to accelerate the development of new defense technology for Americas military.
  • BAE Systems Austin employees innovate for a wide range of programs in the areas of autonomy, cyber, sensor development and electronic warfare, and manufacture those leading-edge capabilities on the companys factory floor.

Serco News Release: Awarded $28 Million Contract to Deliver Civilian Talent Management Program to U.S. Army

Retrieved on: 
Tuesday, August 11, 2020

Herndon, VA, Aug. 11, 2020 (GLOBE NEWSWIRE) -- Serco Inc., a provider of professional, technology, and management services, announced today that the Company has been awarded a contract to continue supporting the U.S. Armys Civilian Readiness and Talent Management Program.

Key Points: 
  • Herndon, VA, Aug. 11, 2020 (GLOBE NEWSWIRE) -- Serco Inc., a provider of professional, technology, and management services, announced today that the Company has been awarded a contract to continue supporting the U.S. Armys Civilian Readiness and Talent Management Program.
  • Serco will provide analytic, management, and advisory services to support existing and create new initiatives to increase the readiness of the Armys civilian workforce and improve the talent management architecture of the Army Civilian Corps.
  • Awarded by the Assistant Secretary of the Army for Manpower & Reserve Affairs, the re-compete contract has a one-year base period plus four one-year option periods and is valued at $27.8 million, if all options are exercised.
  • Serco is honored to have been selected to continue delivering civilian readiness and talent management initiatives to the U.S. Army, said Dave Dacquino, Serco Inc.s Chairman and Chief Executive Officer.

Aggreko Launches Clean Air Solutions for Temporary and Tent Facilities, Existing Buildings in US

Retrieved on: 
Monday, August 10, 2020

Formulated to help employers, community response teams and event producers meet new air quality guidelines, Aggreko Clean Air solutions builds on the companys 30-plus years of specialized experience and expertise.

Key Points: 
  • Formulated to help employers, community response teams and event producers meet new air quality guidelines, Aggreko Clean Air solutions builds on the companys 30-plus years of specialized experience and expertise.
  • The Aggreko Clean Air solutions engineering teams include trained technicians experienced in installing and maintaining temporary air systems in a variety of settings and situations expertise facilities managers and staffs do not typically have onsite.
  • Response to Aggreko Clean Air solutions from the companys existing customers across the US has been overwhelmingly positive.
  • If your event, industry or professional organization would like to schedule an educational talk on clean air health and safety guidelines and options for temporary or permanent facility clean air solutions, email [email protected] .

Segall Bryant & Hamill Named to Financial Times 300 Top RIAs List

Retrieved on: 
Tuesday, August 4, 2020

CHICAGO, Aug. 4, 2020 /PRNewswire/ -- Segall Bryant & Hamillis pleased to announce that it has been named to the 2020 edition of the Financial Times 300 Top Registered Investment Advisers.

Key Points: 
  • CHICAGO, Aug. 4, 2020 /PRNewswire/ -- Segall Bryant & Hamillis pleased to announce that it has been named to the 2020 edition of the Financial Times 300 Top Registered Investment Advisers.
  • "We are honored to be recognized for our over 25 years of helping clients meet their financial goals as part of the 2020 Financial Times 300 Top RIAs," said Philip Hildebrandt, Chief Executive Officer.
  • This list was produced independently by Ignites Research, a division of Money-Media, Inc., on behalf of the Financial Times.
  • Segall Bryant & Hamill (SBH) is an independent investment firm headquartered in Chicago, with offices in Denver, St. Louis, Philadelphia, and Naples, Florida.

Second Century Ventures Opens Applications for the 2020 REACH UK Proptech Scale-up Programme

Retrieved on: 
Friday, July 31, 2020

LONDON, July 31, 2020 /PRNewswire/ -- REACH opens applications today for the inaugural class from its newest region, REACH UK.

Key Points: 
  • LONDON, July 31, 2020 /PRNewswire/ -- REACH opens applications today for the inaugural class from its newest region, REACH UK.
  • The award-winning technology scale-up programme was created by Second Century Ventures, the strategic investment arm of the National Association of Realtors.
  • Through a strategic partnership with NAEA Propertymark, REACH UK will help scale real estate tech start-ups developing innovation to support and advance the UK property industry.
  • Applications for REACH UK will be accepted through September 31, 2020, at www.nar-reach.com/uk .