Notional amount

Kontoor Brands Reports 2023 Third Quarter Results; Updates 2023 Outlook

Retrieved on: 
Thursday, November 2, 2023
Fashion, Online Retail, Retail, Manufacturing, Specialty, Textiles, Ratio, Line of credit, Growth, Wrangler, Brand, Kontoor Brands, NYSE, Notional amount, U.S. Customs and Border Protection, SG, EBITDA, GAAP, United States Customs Service, Interest, Internet, Lee, Expense, EPS, Capital expenditure, Depreciation, KTB, General Administration of Press and Publication, DTC, Investment, Administration, Bank, Bookkeeping, Security (finance), Video game, Arms industry, Pharmaceutical industry, Health insurance, International

And we delivered another solid quarter in DTC, a critical growth pillar of our diversified, accretive growth strategy,” said Scott Baxter, President, Chief Executive Officer and Chair of Kontoor Brands.

Key Points: 
  • And we delivered another solid quarter in DTC, a critical growth pillar of our diversified, accretive growth strategy,” said Scott Baxter, President, Chief Executive Officer and Chair of Kontoor Brands.
  • Late in the third quarter of 2023, management identified inaccuracies in processing certain transactions with U.S. Customs and Border Protection (“U.S.
  • These inaccuracies resulted in underpayment of certain duties owed to U.S. Customs for the 2021 to 2023 periods.
  • Kontoor Brands will host its third quarter conference call beginning at 8:30 a.m. Eastern Time today, November 2, 2023.

Kontoor Brands Reports 2023 Second Quarter Results; Reaffirms 2023 Outlook Excluding Restructuring Charges Associated With Strategic Actions

Retrieved on: 
Thursday, August 3, 2023
Fashion, Online Retail, Retail, Manufacturing, Specialty, Textiles, Notional amount, DTC, Kontoor Brands, International, Interest, SG, Investment, Line of credit, Brand, POS, Capital expenditure, GAAP, Ratio, KTB, Internet, Expense, EBITDA, Depreciation, Administration, Wrangler, Growth, EPS, General Administration of Press and Publication, NYSE, Playbook, Pharmaceutical industry, Bank, Security (finance), Insurance

Our FY’23 outlook, now on an adjusted basis to exclude restructuring charges, is consistent with our prior outlook.

Key Points: 
  • Our FY’23 outlook, now on an adjusted basis to exclude restructuring charges, is consistent with our prior outlook.
  • Excluding restructuring charges associated with the strategic actions taken in Q2’23, the Company is reaffirming its prior outlook for FY’23 provided on May 4, 2023 with select updates to quarterly cadence.
  • Adjusted EPS is expected to be in the range of $4.55 to $4.75, consistent with prior outlook excluding $0.13 associated with restructuring charges in Q2’23.
  • Kontoor Brands will host its second quarter conference call beginning at 8:30 a.m. Eastern Time today, August 3, 2023.

Kontoor Brands Reports 2022 Fourth Quarter and Full Year Results; Provides 2023 Outlook

Retrieved on: 
Tuesday, February 28, 2023
Fashion, Online Retail, Retail, Manufacturing, Specialty, Textiles, EBITDA, SG, Lee, General Administration of Press and Publication, ERP, Expense, Information technology, Ratio, NYSE, AURES Holdings, GAAP, EPS, Investment, Kontoor Brands, Internet, Growth, Interest, Digital, DTC, Capital expenditure, Wrangler, International, Notional amount, Line of credit, Administration, Depreciation, KTB, COVID, Brand, Video game, Marketing, Cryptocurrency, Pharmaceutical industry, Insurance, Bookkeeping, Music

“We finished 2022 strong, as fourth quarter revenue and EPS came in significantly above our plan.

Key Points: 
  • “We finished 2022 strong, as fourth quarter revenue and EPS came in significantly above our plan.
  • U.S. wholesale increased 17 percent compared to the fourth quarter 2021, including strength in U.S. digital wholesale which increased 66 percent compared to last year.
  • The Company’s strategic initiatives are working as evidenced by fourth quarter and full year 2022 results.
  • Kontoor Brands will host its fourth quarter and full year 2022 conference call beginning at 8:30 a.m. Eastern Time today, February 28, 2023.

SilverCrest Announces US$120 Million Debt Refinancing Package, Reduction of Overall Debt and Lower Cost of Capital

Retrieved on: 
Tuesday, November 29, 2022
Bank, Scotiabank, Metal, Interest, Federal Reserve Bank of New York, Multimedia, SOFR, Partnership, Primary Dealer Credit Facility, Bank of Montreal, Term, Line of credit, Federal Reserve Bank, RK, Credit, Silvercrest, CPG, Notional amount, Animal

The Credit Facility includes a US$50 million term facility ("Term Facility" or "Term") and a US$70 million revolving facility ("Revolving Facility").

Key Points: 
  • The Credit Facility includes a US$50 million term facility ("Term Facility" or "Term") and a US$70 million revolving facility ("Revolving Facility").
  • The Revolving Facility of US$70 million will be available to the Company until November 27, 2026 for general corporate purposes and working capital.
  • On closing of the Credit Facility and repayment of the project financing facility, the Company will have an estimated cash balance of US$50 million, total debt of US$50 million and undrawn Revolving Facility of US$70 million.
  • Key terms of the Revolving Facility include:
    4-year term, with a maturity date of November 27, 2026;
    Interest rates are the same as the Term Facility.

EQS-News: MEDIQON Group AG: Interim Report 2022 – Positive development of the group in the first half of 2022

Retrieved on: 
Friday, September 30, 2022
Notional amount, AG, News, MM, Growth, EQS, Total, Interim, EUR, Mission statement, Security (finance), Film, Music

Today, MEDIQON Group AG published its Interim Report 2022.

Key Points: 
  • Today, MEDIQON Group AG published its Interim Report 2022.
  • In the first half of 2022, 3 additional operating companies became part of the group.
  • The overall positive development of all key figures reflects the stable earning power of the operating group companies.
  • The Interim Report 2022 can be downloaded via the website of the company: Annual and Interim Reports - MEDIQON group AG (mediqon-group.de) .

DGAP-News: MEDIQON Group AG: Group growth continued successfully in the 2021 fiscal year

Retrieved on: 
Thursday, February 24, 2022
Financial Oversight and Management Board for Puerto Rico v. Aurelius Investment, LLC, Annual report, News, Growth, HGB, AG, Adjustment, Supervisory board, DGAP, Acquisition, Notional amount, EUR, Mission statement, GAAP, EBITDA, Security (finance), Lithium, Animal

MEDIQON Group AG once again grew strongly in the 2021 fiscal year.

Key Points: 
  • MEDIQON Group AG once again grew strongly in the 2021 fiscal year.
  • Furthermore, MEDIQON Group AG invested a total of EUR 3 million in the acquisition of two minority holdings.
  • At the time of publication, preliminary figures for the 2021 fiscal year are not yet available for all operating companies.
  • "The operating companies of MEDIQON Group AG have also distinguished themselves in 2021 with their stability and high profitability.

CloudMargin and Margin Tonic Introduce New AANA Service

Retrieved on: 
Monday, November 8, 2021
ISDA, Compliance, Software as a service, Industry, Deutsche Bank, European Union, International Swaps and Derivatives Association, Insurance, Union, Multimedia, Operate, Partnership, IHS Markit, Notional amount, Solution, UMR, AANA, Jefferies, SWIFT, Time, Education, OTC, Citigroup, Security (finance), Risk management

The joint subscription service automates the AANA calculation for clients on the CloudMargin platform, leveraging Margin Tonic's expertise in the multi-jurisdictional Uncleared Margin Rules and helping clients to fine-tune fit-for-purpose trading and compliance strategies.

Key Points: 
  • The joint subscription service automates the AANA calculation for clients on the CloudMargin platform, leveraging Margin Tonic's expertise in the multi-jurisdictional Uncleared Margin Rules and helping clients to fine-tune fit-for-purpose trading and compliance strategies.
  • The joint AANA service further strengthens the two companies' ongoing collaboration on multiple fronts, including an Initial Margin 'Health Check' service and other initiatives.
  • By introducing the joint AANA service with our partners at CloudMargin, we provide an AANA one-stop-shop, combining our industry-leading advice with their best-in-class technology.
  • Margin Tonic does this via its end-to-end service family, covering Advise, Transform, Educate and Operate streams.

CloudMargin and Margin Tonic Introduce New AANA Service

Retrieved on: 
Monday, November 8, 2021
ISDA, Compliance, Software as a service, Industry, Deutsche Bank, European Union, International Swaps and Derivatives Association, Insurance, Union, Operate, Partnership, IHS Markit, Notional amount, Solution, UMR, AANA, Jefferies, SWIFT, Time, Education, OTC, Citigroup, Security (finance), Risk management

LONDON, Nov. 8, 2021 /PRNewswire/ -- CloudMargin, creator of the world's first and only collateral and margin management solution native to the cloud, and Margin Tonic, an industry-leading service provider specialising in the collateral and post-trade domains, announced today that the two firms have partnered to launch a global Average Aggregated Notional Amount (AANA) calculation service for the latter phases of the Uncleared Margin Rules (UMR), combining CloudMargin's award-winning technology with Margin Tonic's expertise-led regulatory consultancy services.

Key Points: 
  • The joint subscription service automates the AANA calculation for clients on the CloudMargin platform, leveraging Margin Tonic's expertise in the multi-jurisdictional Uncleared Margin Rules and helping clients to fine-tune fit-for-purpose trading and compliance strategies.
  • The joint AANA service further strengthens the two companies' ongoing collaboration on multiple fronts, including an Initial Margin 'Health Check' service and other initiatives.
  • By introducing the joint AANA service with our partners at CloudMargin, we provide an AANA one-stop-shop, combining our industry-leading advice with their best-in-class technology.
  • Margin Tonic does this via its end-to-end service family, covering Advise, Transform, Educate and Operate streams.

Showa Denko Announces the Issue Price, Selling Price, and Matters Relating to its New Shares

Retrieved on: 
Monday, September 6, 2021
Economy of Japan, Financial markets, Companies, Fuyo Group, Showa Denko, Stock market, Corporate finance, Japanese yen, Stock

(the "Company") hereby announces the issue price, selling price and certain other matters relating to the issuance of its new shares and the secondary offering of shares which its board of directors resolved on August 23, 2021, as set forth below.

Key Points: 
  • (the "Company") hereby announces the issue price, selling price and certain other matters relating to the issuance of its new shares and the secondary offering of shares which its board of directors resolved on August 23, 2021, as set forth below.
  • in chemicals segment and 5,800,000,000 yen as investment funds for manufacturing facilities for SiC power semiconductor-related materials and lithium-ion battery materials, etc.
  • For more information regarding the use of proceeds, please refer to the press release "Announcement Regarding Issuance of New Shares and Secondary Offering of Shares" dated August 23, 2021.
  • Showa Denko K.K., CSR & Corporate Communication Office, Tel: 81-3-5470-3235

Volt Equity Launches Bold New Class of Hyper-concentrated, Options-embedded ETFs Focused on Disruptors

Retrieved on: 
Thursday, April 15, 2021
Software, Performance & Special Interest, Social media, Professional services, Internet, Data management, General Automotive, Technology, Aftermarket, Automotive, Security, Communications, Finance, Exchange-traded funds, Notional amount

For example: $VCAR has 25% Tesla exposure whereas the next most Tesla-exposed ETF currently has ~16%.

Key Points: 
  • For example: $VCAR has 25% Tesla exposure whereas the next most Tesla-exposed ETF currently has ~16%.
  • However, with the Tesla call options, VCAR\xe2\x80\x99s combined notional exposure to Tesla is actually >125%, making this a uniquely concentrated ETF.\nTad Park, CEO of Volt Equity, said: \xe2\x80\x9c$VCAR is all in on Tesla.
  • By approaching investment with an eye toward identifying disruptors leading innovations, Volt seeks to provide a wide range of strategies and products to help investors invest in the future.
  • For more information, visit www.simplify.us .\nInvestors should carefully consider the investment objectives, risks, charges and expenses of Exchange Traded Funds (ETFs) before investing.