Roe

EQS-News: Allianz SE: Allianz increases operating profit by 7.1% to 3.8 billion euros - Group affirms full-year outlook

Retrieved on: 
Thursday, August 10, 2023

2Q 2023: Operating profit increased 7.1 percent to 3.8 (2Q 2022: 3.5) billion euros.

Key Points: 
  • 2Q 2023: Operating profit increased 7.1 percent to 3.8 (2Q 2022: 3.5) billion euros.
  • Shareholders’ core net income was strong at 2.5 (2Q 2022: 2.0) billion euros due to a higher operating profit.
  • We confirm our full-year outlook of operating profit of 14.2 billion euros, plus or minus 1 billion euros.”
    2Q 2023: Total business volume rose by 8.0 percent to 17.6 (16.3) billion euros.
  • Positive net inflows of 2.7 billion euros and favorable market impacts of 2.0 billion euros were offset by negative foreign currency translation effects of 10.5 billion euros.

Taylor Swift's Eras Tour is a potent reminder that the internet is not real life

Retrieved on: 
Friday, August 4, 2023

The internet was ablaze with rumors about Swift dating Matty Healy, the lead singer of the English pop-rock band The 1975.

Key Points: 
  • The internet was ablaze with rumors about Swift dating Matty Healy, the lead singer of the English pop-rock band The 1975.
  • As the Pittsburgh leg of the tour approached, I wondered if I were about to dive headfirst into an angry mob of tens of thousands of Swifties.
  • On the day of the show, Acrisure Stadium was mobbed with 72,000 people, but the Swifties in attendance were far from angry.

Collective delusion

    • The Eras Tour was not my first experience of collective effervescence.
    • Nor was it the first time I felt such a strong disconnect between the online and offline worlds.
    • Right before the pandemic began, there was the painfully quiet fizzling out of the Bernie 2020 movement.

A vocal minority sets the agenda

    • Research consistently shows that a small minority of people who have social media accounts post the vast majority of content.
    • In other words, most of the discussions happening on websites like Reddit and Twitter come from a vocal minority of users – whose posts are then curated and boosted by algorithms.
    • But it represents the words of a smaller minority of users within the already small minority of people who post content online.
    • In the weeks when Swift was dating Healy, a vocal minority of Swifties came head-to-head with a vocal minority of Healy’s defenders.

Oligarchy of the ‘extremely online’

    • v. Wade peaked within a few days and people moved on to different topics.
    • Perhaps it’s time to sideline social media and the internet when evaluating the nature of our collective reality.
    • Reality exists outside of our devices, whereas social media algorithms push whatever keeps us tethered to the screen.
    • That might be easier said than done: 94% of journalists say they use social media for their jobs.

Mercedes-Benz Group AG Raises Full-Year Guidance Based on Solid Financial Results in the Second Quarter

Retrieved on: 
Wednesday, July 26, 2023

The adjusted Return on Sales of the Mercedes-Benz Vans division rose to 15.5% (consensus: 14.6%) driven by strongly improved net pricing and significantly increased unit sales.

Key Points: 
  • The adjusted Return on Sales of the Mercedes-Benz Vans division rose to 15.5% (consensus: 14.6%) driven by strongly improved net pricing and significantly increased unit sales.
  • Profitability was impacted by lower margins due to higher refinancing rates and intensified competition in the financial services sector.
  • Mercedes-Benz Group EBIT increased to €5.0 billion (consensus: € 4.7 billion), mainly resulting from the higher EBIT of the Mercedes-Benz Vans division.
  • The full quarterly results and interim report will be published on July 27th, 2023.

Open Lending CRO Matt Roe to Speak on Auto Lending Opportunities at CU Leadership Convention

Retrieved on: 
Thursday, July 20, 2023

Open Lending Corporation (NASDAQ: LPRO) (“Open Lending” or the “Company”), an industry trailblazer in lending enablement and risk analytics solutions for financial institutions, today announced Chief Revenue Officer Matt Roe will give a presentation entitled Less Risk, More Reward: The Untapped Opportunity for Auto Lenders at the CU Leadership Convention in Las Vegas.

Key Points: 
  • Open Lending Corporation (NASDAQ: LPRO) (“Open Lending” or the “Company”), an industry trailblazer in lending enablement and risk analytics solutions for financial institutions, today announced Chief Revenue Officer Matt Roe will give a presentation entitled Less Risk, More Reward: The Untapped Opportunity for Auto Lenders at the CU Leadership Convention in Las Vegas.
  • Roe’s presentation will focus on the opportunity for credit unions to offer auto loans to underserved near-prime and non-prime borrowers, a market sector estimated at $270 billion annually.
  • Additionally, the session will feature new data from Open Lending’s recently released Loans Within Reach: Lending Enablement Benchmark 2023 , including tactics to improve auto loan decisioning while mitigating risk.
  • To learn more about Open Lending, visit booth 410 at the CU Leadership Convention or visit www.openlending.com .

EU/EEA banking sector shows rising profitability, but asset quality and profitability related risks are looming

Retrieved on: 
Thursday, July 13, 2023

EU/EEA banking sector shows rising profitability, but asset quality and profitability related risks are looming

Key Points: 
  • EU/EEA banking sector shows rising profitability, but asset quality and profitability related risks are looming
    13 July 2023
    The European Banking Authority (EBA) today published its Q1 2023 quarterly Risk Dashboard (RDB).
  • Banks’ profitability continued to increase, and their capital, funding and liquidity ratios remain strong.
  • Bank debt issuance has resumed after a temporary halt due to the Silicon Valley Bank (SVB) and Credit Suisse (CS) induced turmoil.
  • - The uncertain economic outlook has resulted in lower consumer and business confidence as well as reduced risk appetite among banks.

A year after Supreme Court's Dobbs decision, Black women still struggle for access to reproductive health care

Retrieved on: 
Friday, June 23, 2023

Also true has been the impact of those bans and restrictions on the reproductive health disparities between Black and white women.

Key Points: 
  • Also true has been the impact of those bans and restrictions on the reproductive health disparities between Black and white women.
  • Black women comprise a disproportionate percentage – 39% – of abortion patients in the United States, and many live in communities with limited access to health services, including family planning clinics and pharmacies.
  • They also disproportionately experience higher rates of other reproductive health conditions, such as infant mortality and pregnancy-related complications and deaths.
  • The lack of clinics means that Black women often delay or forgo necessary health care services.

Restricted abortion access

    • A small number of states, such as California, New York and Washington, have passed laws or constitutional amendments that guarantee or strengthen abortion access.
    • An additional 10 states have further restricted abortion access without banning abortion outright.
    • Two states with the largest populations in total numbers of African Americans – Texas and Florida – have abortion bans.

Reproductive health disparities beyond abortion

    • The recent tragic death of U.S. Olympic champion Tori Bowie during childbirth is a stark reminder of the reproductive health disparities that continue to plague the Black community.
    • Pregnant Black women are often refused hospital admission for delivery if they lack health insurance.
    • In various studies, Black women have reported that they have been treated disrespectfully by medical personnel dismissive of their fears and concerns about their reproductive health.
    • Black women report that they must be particularly assertive with health care providers to ensure that their reproductive needs are addressed.

Where do we go from here?

    • According to the Pew Research Center, 57% of Americans disapprove the reversal of Roe, and 62% say that abortion should be legal.
    • In the meantime, abortion access remains only one part of Black women’s reproductive health challenges.

Live Action to celebrate one year post-Roe June 23 with Capitol Hill press event

Retrieved on: 
Thursday, June 22, 2023

Washington, DC, June 22, 2023 (GLOBE NEWSWIRE) -- WASHINGTON — Pro-life organization Live Action – one of the nation’s leading human rights organizations – will host a press event to promote the New North Star Coalition Letter , recently released.

Key Points: 
  • Washington, DC, June 22, 2023 (GLOBE NEWSWIRE) -- WASHINGTON — Pro-life organization Live Action – one of the nation’s leading human rights organizations – will host a press event to promote the New North Star Coalition Letter , recently released.
  • The event is scheduled for Friday, June 23 at 10 a.m. EDT.
  • Please note the location at the Capitol Demonstration Area 11, directly across Independence Avenue from the Cannon House Office Building.
  • Lila Rose, president and founder of Live Action, shared the following statement:
    “It's been one year since Roe v. Wade was overturned.

NWLC Announces Abortion Access Legal Defense Fund; Supports Access to Abortion One Year Since Dobbs

Retrieved on: 
Thursday, June 22, 2023

WASHINGTON, June 22, 2023 /PRNewswire/ -- Today, almost one year since the Supreme Court's Dobbs decision overturned Roe v. Wade, the National Women's Law Center (NWLC) launched the Abortion Access Legal Defense Fund (Abortion Access LDF) to help pay legal expenses for abortion patients and supporters who are facing legal action related to abortion care.

Key Points: 
  • WASHINGTON, June 22, 2023 /PRNewswire/ -- Today, almost one year since the Supreme Court's Dobbs decision overturned Roe v. Wade, the National Women's Law Center (NWLC) launched the Abortion Access Legal Defense Fund (Abortion Access LDF) to help pay legal expenses for abortion patients and supporters who are facing legal action related to abortion care.
  • Since the Dobbs decision, the legal landscape around abortion access in the U.S. has become more confusing and hostile than ever.
  • NWLC believes that people deserve access to legal representation if they are facing legal consequences related to abortion access for themselves or a loved one, regardless of their ability to pay.
  • Noel León, Director of the Abortion Access LDF, added "The Supreme Court's decision to take away our constitutional right to abortion unleashed legal chaos, and we are launching the Abortion Access Legal Defense Fund because everyone deserves access to legal representation, regardless of their ability to pay."

EQS-News: ProCredit Holding AG & Co. KGaA: Annual General Meeting resolves with large majority to convert to legal form of stock corporation

Retrieved on: 
Monday, June 5, 2023

EQS-News: ProCredit Holding AG & Co. KGaA

Key Points: 
  • EQS-News: ProCredit Holding AG & Co. KGaA
    ProCredit Holding AG & Co. KGaA: Annual General Meeting resolves with large majority to convert to legal form of stock corporation
    The issuer is solely responsible for the content of this announcement.
  • ProCredit Holding AG & Co. KGaA: Annual General Meeting resolves with large majority to convert to legal form of stock corporation
    Frankfurt am Main, 05 June 2023 - ProCredit Holding AG & Co KGaA (ProCredit Holding), the parent company of the development-oriented ProCredit group, held its Annual General Meeting for 2023 today.
  • The Annual General Meeting approved by a large majority all of the proposals that were put to the vote.
  • The Annual General Meeting of ProCredit Holding resolved with a very large majority to change the legal form of the company to that of a stock corporation.

EQS-News: Successful start to financial year 2023: OLB continues highly profitable and efficient growth path in volatile market environment

Retrieved on: 
Tuesday, May 16, 2023

Successful start to financial year 2023: OLB continues highly profitable and efficient growth path in volatile market environment

Key Points: 
  • Successful start to financial year 2023: OLB continues highly profitable and efficient growth path in volatile market environment
    The issuer is solely responsible for the content of this announcement.
  • Successful start to financial year 2023: OLB continues highly profitable and efficient growth path in volatile market environment
    Oldenburgische Landesbank AG (“OLB” or “Bank”) once again impressed with growth, profitability and solidity in the first quarter of 2023, increasing its result after taxes to EUR 56.7 million (m) as of 31 March 2023 (Q1 2022: EUR 40.3 m) [1] .
  • With this proven setup, we want to continue our highly profitable and efficient growth path," says Stefan Barth, CEO of OLB.
  • In addition, the Bank continues to plan a potential IPO depending on a suitable time window in a stabilized market environment.