DB

Upstreman’s Customer-Centric Black Friday Extravaganza - Mini Fridges for Every Space

Retrieved on: 
Monday, November 13, 2023

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20231113365590/en/
    Upstreman’s Customer-Centric Black Friday Extravaganza - Mini Fridges for Every Space (Graphic: Business Wire)
    - Upstreman BR321 3.2 Cu.ft Mini Fridge (Single Door) - The Dorm Essential: Remember your cramped college dorm room when you wished for a chilled drink without walking down the hallway in the middle of the night?
  • - Upstreman FR17 1.7 Cu.ft Mini Fridge (Single Door) - A Quiet Office Companion: Envision your serene office space, where a mini fridge can make all the difference.
  • With capacities rivaling a grocery bag, adjustable temperature settings, and whisper-quiet operation, these fridges transform your dorm rooms, office spaces, and cozy apartments.
  • Don’t miss the chance to make your daily life more efficient and enjoyable with Upstreman’s mini fridges during this exciting Black Friday season with unprecedented discounts of up to 43%!

KBRA Assigns BBB- Preliminary Rating to JFK NTO LLC’s $1.5 Billion Special Facilities Revenue Bonds

Retrieved on: 
Thursday, November 9, 2023

KBRA assigns its BBB- preliminary rating to JFK NTO LLC’s proposed $1.5 billion special facilities revenue bonds (series 2023 bonds) for Phase A of the Terminal One redevelopment project, also called New Terminal One (NTO), at New York’s John F. Kennedy International Airport (JFK).

Key Points: 
  • KBRA assigns its BBB- preliminary rating to JFK NTO LLC’s proposed $1.5 billion special facilities revenue bonds (series 2023 bonds) for Phase A of the Terminal One redevelopment project, also called New Terminal One (NTO), at New York’s John F. Kennedy International Airport (JFK).
  • The project operates under a lease agreement through December 30, 2060, with the Port Authority of New York and New Jersey (PANYNJ).
  • Phase A of NTO will provide a 1.7 million-sf terminal with 13 widebody contact gates and one temporary widebody gate.
  • Additional information regarding KBRA policies, methodologies, rating scales and disclosures are available at www.kbra.com .

Vacuum Blower Market Forecasts 2023-2028: Growth Anticipated in Wastewater Treatment Industry

Retrieved on: 
Wednesday, November 15, 2023

Hence, the growth in demand for robust semiconductor production will propel the vacuum blower market growth.

Key Points: 
  • Hence, the growth in demand for robust semiconductor production will propel the vacuum blower market growth.
  • The vacuum blowers industry is driven by rising environmental legislation and sustainability objectives in applications including vapor recovery, wastewater treatment, and air pollution control.
  • Increasing wastewater treatment plants in Southeast Asia, India, and China is anticipated to raise demand for vacuum blowers.
  • North America is anticipated to remain the major regional vacuum blower market owing to the rising investments in end-user sectors like manufacturing, chemical, and wastewater.

EQS-News: Deutsche Bank announces acceptance amount of public tender offer for Deutsche Postbank Funding Trust I & III securities

Retrieved on: 
Tuesday, December 5, 2023

The issuer is solely responsible for the content of this announcement.

Key Points: 
  • The issuer is solely responsible for the content of this announcement.
  • NOT FOR DISTRIBUTION IN OR INTO OR TO ANY PERSON LOCATED OR RESIDENT IN THE UNITED STATES, ITS TERRITORIES AND POSSESSIONS (INCLUDING PUERTO RICO, THE U.S. VIRGIN ISLANDS, GUAM, AMERICAN SAMOA, WAKE ISLAND AND THE NORTHERN MARIANA ISLANDS), ANY STATE OF THE UNITED STATES OR THE DISTRICT OF COLUMBIA OR IN OR INTO ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO DISTRIBUTE THIS ANNOUNCEMENT.
  • Deutsche Bank Aktiengesellschaft (XETRA: DBGn.DB / NYSE: DB) announces a total acceptance amount of EUR 292,079,000 and confirms that it will accept for purchase all securities validly tendered in its public tender offer for trust preferred securities issued by each of Deutsche Postbank Funding Trust I & III.
  • The tender offer encompassed the following securities:

NEPC Survey Shows Defined Benefit Plans Are Focusing on Funded Position To Find Stability Amid Bearish View of Markets

Retrieved on: 
Thursday, November 9, 2023

This year’s data showcases that 53% of respondents have a bearish view of markets over the next 12 months.

Key Points: 
  • This year’s data showcases that 53% of respondents have a bearish view of markets over the next 12 months.
  • Respondent sentiment demonstrates a full reversal from the results of the 2021 survey , where 56% of respondents were bullish and 44% of respondents were bearish.
  • NEPC noted that clients are more focused on their funded status position rather than their portfolio’s absolute return amidst this period of macroeconomic market volatility.
  • 74% of plans in the 2023 Survey reported a funded status above 90%, a noticeable increase from 2021, where only 63% of plans were above 90% funded.

Canadian DB pension plans returned -4.0% in Q3, as fixed income and equity markets lost ground

Retrieved on: 
Tuesday, October 31, 2023

Fixed income assets held by Canadian DB plans experienced a decline of 6.6% over the quarter due to investors driving up government bond yields in anticipation of prolonged elevated short-term rates.

Key Points: 
  • Fixed income assets held by Canadian DB plans experienced a decline of 6.6% over the quarter due to investors driving up government bond yields in anticipation of prolonged elevated short-term rates.
  • DB pension plans' foreign equities experienced a minor decrease of 1.7%, slightly behind the MSCI World Index, which returned -1.4%.
  • Unhedged Canadian DB pension plans benefited from the weakness of the Canadian dollar against the US dollar during the quarter.
  • Canadian equities held by Canadian DB plans also faced modest losses, returning -2.2% for the quarter, aligning directly with the S&P/TSX Composite Index.

DB Equipment AS Certifies as a B Corporation

Retrieved on: 
Tuesday, October 24, 2023

The certification process is meticulous and Db achieved a 98.1 score, compared to a minimum requirement of 80.

Key Points: 
  • The certification process is meticulous and Db achieved a 98.1 score, compared to a minimum requirement of 80.
  • Founder Truls Braatas states : “Since inception of Db in 2012, our vision has and remains to ‘enable meaningful journeys'.
  • With only hundred certified B Corps in the Nordics, we’re rallying for even more to join us - especially in Norway where we became the eighth certified B Corp.
  • Creative exchanges hosted by Db to help young creatives learn and develop skills to work their way into their own careers.

Weebit Nano licenses ReRAM to DB HiTek, a global top-10 foundry

Retrieved on: 
Thursday, October 19, 2023

For these applications, Weebit ReRAM provides a low-power, low-voltage, cost-effective NVM that is easy to integrate and has proven excellent retention at high temperatures.

Key Points: 
  • For these applications, Weebit ReRAM provides a low-power, low-voltage, cost-effective NVM that is easy to integrate and has proven excellent retention at high temperatures.
  • In addition to its 130nm BCD process, DB HiTek has the option to use Weebit ReRAM technology for other process nodes.
  • Coby Hanoch, CEO of Weebit Nano, said: “DB HiTek is one of the world’s top-tier foundries for analog and power integrated circuits.
  • The technology licensing agreement grants DB HiTek a non-exclusive license to manufacture Weebit ReRAM as embedded NVM in designs from customers globally.

Deutsche Bahn signs agreement to sell Arriva to I Squared

Retrieved on: 
Thursday, October 19, 2023

Deutsche Bahn AG (DB) and I Squared Capital have signed an agreement for the sale of the whole of Arriva Group, including all of its operating businesses across 10 European markets, to I Squared, a leading global infrastructure investment manager.

Key Points: 
  • Deutsche Bahn AG (DB) and I Squared Capital have signed an agreement for the sale of the whole of Arriva Group, including all of its operating businesses across 10 European markets, to I Squared, a leading global infrastructure investment manager.
  • The sale of non-core markets, including Arriva Sweden and Portugal in 2022 and Arriva Serbia, Denmark and Poland (Bus) was completed this year.
  • Dr Levin Holle, Member of the Management Board for Finance and Logistics and CFO of Deutsche Bahn AG: “We are happy that I Squared is willing to support Arriva in its future growth.
  • We’re confident that Arriva and I Squared together can play a vital role in delivering innovative and sustainable public transport offerings across Europe.”

Neovia Adds C-Suite Leadership to Accelerate Its Global Transformation Program

Retrieved on: 
Monday, October 9, 2023

Neovia Logistics, a leading global supplier of contract logistics services, today announced two additions to their leadership team, naming Mike Fahy Chief Executive Officer and Fernando Martinez Chief Financial Officer.

Key Points: 
  • Neovia Logistics, a leading global supplier of contract logistics services, today announced two additions to their leadership team, naming Mike Fahy Chief Executive Officer and Fernando Martinez Chief Financial Officer.
  • He has held various leadership positions throughout his career, including time at Simon Group Holdings, Atlas Oil, and more than 20 years with syncreon.
  • Martinez also joins Neovia from DB Schenker where he was Head of Real Estate and Contract Logistics Finance for the Americas.
  • “I am excited to have proven industry leaders like Mike and Fernando join our team,” said Neovia Board Chairman Carlos Rodriguez.