Private sector

Grupo Supervielle Reports 2Q22 Results

Retrieved on: 
Wednesday, August 17, 2022 - 11:15pm

Grupo Supervielle S.A. (NYSE: SUPV; BYMA: SUPV), (Supervielle or the Company) a universal financial services group headquartered in Argentina with a nationwide presence, today reported results for the three and six-months period ended June 30, 2022.

Key Points: 
  • Grupo Supervielle S.A. (NYSE: SUPV; BYMA: SUPV), (Supervielle or the Company) a universal financial services group headquartered in Argentina with a nationwide presence, today reported results for the three and six-months period ended June 30, 2022.
  • Starting 1Q20, the Company began reporting results applying Hyperinflation Accounting, in accordance with IFRS rule IAS 29 (IAS 29) as established by the Central Bank.
  • Excluding non-recurring severance charges, Supervielle would have delivered net loss of AR$1.2 billion in 2Q22, with adjusted ROAE in real terms at approximately negative 6.8%, compared to 2.9% in previous quarter.
  • 2Q22 Tier 1 Capital Ratio evolution reflects the growth of loan portfolio above inflation and impact of net results.

Forbes Ranks ICF One of America's Best Employers for Women

Retrieved on: 
Wednesday, August 17, 2022 - 9:05pm

FAIRFAX, Va., Aug. 17, 2022 /PRNewswire/ -- Forbes has named global consulting and digital services provider ICF (NASDAQ:ICFI) one of America's Best Employers for Women in 2022.

Key Points: 
  • FAIRFAX, Va., Aug. 17, 2022 /PRNewswire/ -- Forbes has named global consulting and digital services provider ICF (NASDAQ:ICFI) one of America's Best Employers for Women in 2022.
  • Forbes partnered with market research firm Statista to survey 50,000 Americans30,000 women and 20,000 menworking for businesses with at least 1,000 employees.
  • The final list recognizes the 400 employers that received the most recommendations and have the most gender-diverse boards and executive ranks.
  • Earlier this year, ICF was also included on Forbes' America's Best Management Consulting Firms list, for the seventh straight year, and its Best Employers for Diversity list, for the second straight year.

MoF welcomes the IMF Staff's Statement on Article IV Consultation with the Kingdom in 2022.

Retrieved on: 
Wednesday, August 17, 2022 - 6:48pm

RIYADH, Saudi Arabia, Aug. 17, 2022 /PRNewswire/ -- IMF staff lauded the Kingdom's economic and financial condition in their final statement made at the end of their visit about Article IV consultation with the Kingdom in 2022.

Key Points: 
  • RIYADH, Saudi Arabia, Aug. 17, 2022 /PRNewswire/ -- IMF staff lauded the Kingdom's economic and financial condition in their final statement made at the end of their visit about Article IV consultation with the Kingdom in 2022.
  • IMF staff also expected that public finances would outperform budget forecasts in 2022, and that the debt-to-GDP ratio would decline.
  • It is noteworthy that an initial statement was issued by the IMF mission following the conclusion of Article IV consultation with the Kingdom of Saudi Arabia in 2022, which took place during April 2022.
  • This final statement confirms the preliminary findings of the previous statement.

MoF welcomes the IMF Staff's Statement on Article IV Consultation with the Kingdom in 2022.

Retrieved on: 
Wednesday, August 17, 2022 - 6:44pm

RIYADH, Saudi Arabia, Aug. 17, 2022 /PRNewswire/ -- IMF staff lauded the Kingdom's economic and financial condition in their final statement made at the end of their visit about Article IV consultation with the Kingdom in 2022.

Key Points: 
  • RIYADH, Saudi Arabia, Aug. 17, 2022 /PRNewswire/ -- IMF staff lauded the Kingdom's economic and financial condition in their final statement made at the end of their visit about Article IV consultation with the Kingdom in 2022.
  • IMF staff also expected that public finances would outperform budget forecasts in 2022, and that the debt-to-GDP ratio would decline.
  • It is noteworthy that an initial statement was issued by the IMF mission following the conclusion of Article IV consultation with the Kingdom of Saudi Arabia in 2022, which took place during April 2022.
  • This final statement confirms the preliminary findings of the previous statement.

New Law Creates Affordable Path to Clean Infrastructure for States, Municipal Governments, and Real Estate Investors, According to Charge-Zero

Retrieved on: 
Wednesday, August 17, 2022 - 3:00pm

Last year's Infrastructure Investment and Jobs Act created the National Electric Vehicle Infrastructure Formula Program (NEVI), which allocates nearly $5 billion to provide funding to states to create an interconnected network of electric vehicle charging infrastructure.

Key Points: 
  • Last year's Infrastructure Investment and Jobs Act created the National Electric Vehicle Infrastructure Formula Program (NEVI), which allocates nearly $5 billion to provide funding to states to create an interconnected network of electric vehicle charging infrastructure.
  • No considerations exist from the Federal government to incentivize this network to be powered by clean energy, though, as desired by the Inflation Reduction Act just passed.
  • Charge-Zero utilizes tax equity to reduce the cost of NEVI program funded charging infrastructure projects and make them solar-powered.
  • Charge-Zero partner Zack Michaelson describes the business as filling in the gap to ensure EV charging infrastructure is incentivized to be clean.

Herzing University Welcomes Karen Nelson as Vice President of Inclusion and Community Impact

Retrieved on: 
Wednesday, August 17, 2022 - 2:00pm

MILWAUKEE, Aug. 17, 2022 /PRNewswire/ --Herzing University, an accredited, private nonprofit institution, today announced the official introduction of Karen Nelson as its new Vice President of Inclusion and Community Impact.

Key Points: 
  • MILWAUKEE, Aug. 17, 2022 /PRNewswire/ --Herzing University, an accredited, private nonprofit institution, today announced the official introduction of Karen Nelson as its new Vice President of Inclusion and Community Impact.
  • We are excited and proud to have Karen join our leadership team as we work to support communities of all backgrounds.
  • Following a nationwide recruitment search, Herzing selected Nelson for her 25+ years of experience in managing equity, diversity and inclusion (EDI) in private sector, nonprofit and municipal organizations.
  • Herzing University is an accredited, private nonprofit institution with 10 campuses across seven states and an online division.

Carbon Opportunities Fund Launches First-of-its-Kind Investment Platform to Issue Tokenized Carbon Credits

Retrieved on: 
Wednesday, August 17, 2022 - 1:00pm

The International Finance Corporation, Cultivo, Aspiration, and Chia Network, today announced the launch of the Carbon Opportunities Fund (the Fund), a global investment platform that will raise private capital for an innovative model to source, tokenize and sell high-quality, verified carbon credits.

Key Points: 
  • The International Finance Corporation, Cultivo, Aspiration, and Chia Network, today announced the launch of the Carbon Opportunities Fund (the Fund), a global investment platform that will raise private capital for an innovative model to source, tokenize and sell high-quality, verified carbon credits.
  • This new model for the carbon trading ecosystem will deploy innovative technologies to help identify, monitor, evaluate and natively tokenize verified carbon credits.
  • Cultivo and Aspiration, leading originators and investors in nature-based carbon credits, will lead the Funds strategy and execution.
  • As one of the anchor investors, Aspiration will advise on the selection of carbon credits projects and Fund investments.

GTCR Forms Portfolio Resources Group to Support Portfolio Company Growth

Retrieved on: 
Wednesday, August 17, 2022 - 12:30pm

CHICAGO, Aug. 17, 2022 /PRNewswire/ -- GTCR, a leading private equity firm, announced today the formation of its Portfolio Resources Group (PRG). PRG will be comprised of experienced functional leaders who can bring expertise, intellectual capital, vendor relationships and best practices in defined areas to support GTCR's investment teams and portfolio company leadership. The members of GTCR's Portfolio Resources Group are expected to bring enhanced capabilities and resources to aid in management's value creation plans. Consistent with GTCR's Leader's Strategy™ approach, PRG team members will work with a partnership orientation to collaboratively and constructively assist portfolio company leadership on key initiatives determined by management and company boards of directors. 

Key Points: 
  • The members of GTCR's Portfolio Resources Group are expected to bring enhanced capabilities and resources to aid in management's value creation plans.
  • As part of the Portfolio Resources Group, Travis Krueger, a Managing Director at GTCR, will continue to lead a team that provides data and analytics and portfolio support to assist GTCR's investment teams, investment committee and portfolio company management.
  • In conjunction with the formation of the Portfolio Resources Group, GTCR is announcing that Joe Rubino has joined as Managing Director,Information Security and DataPrivacy.
  • Mr. Rubino joins other members of GTCR's Portfolio Resources Group who have joined the firm in the past year.

Arena Analytics CEO Myra Norton Appointed to Maryland Governor's Workforce Development Board

Retrieved on: 
Wednesday, August 17, 2022 - 12:00pm

BALTIMORE, Aug. 17, 2022 /PRNewswire/ -- Arena Analytics, a company that helps people and organizations chart the future of work using sophisticated AI and data analytics, today announced that CEO Myra Norton has been appointed to the Maryland Governor's Workforce Development Board the Governor's chief policy-making body for workforce development in the state of Maryland.

Key Points: 
  • BALTIMORE, Aug. 17, 2022 /PRNewswire/ -- Arena Analytics, a company that helps people and organizations chart the future of work using sophisticated AI and data analytics, today announced that CEO Myra Norton has been appointed to the Maryland Governor's Workforce Development Board the Governor's chief policy-making body for workforce development in the state of Maryland.
  • The Governor's Workforce Development Board is responsible for developing policies and strategies to form a coordinated workforce development system in collaboration with state employment and training, economic development, education partners, and significant input from the business community.
  • Board members are appointed by Maryland's Governor, and the Maryland General Assembly leadership appoints one state senator and one delegate.
  • As CEO of Arena Analytics, Norton has led the development and deployment of innovative solutions that leverage data to help employers create more productive and equitable workforces.

Multiconsult - Solid second quarter and half year result

Retrieved on: 
Wednesday, August 17, 2022 - 6:28am

The operating EBITA margin in the quarter was 7.1 per cent, and 11.2 per cent in the first half of the year.

Key Points: 
  • The operating EBITA margin in the quarter was 7.1 per cent, and 11.2 per cent in the first half of the year.
  • Multiconsult holds a good portfolio of ongoing projects and a solid order backlog.
  • "Multiconsult delivered a strong quarter with a good result, good sales, and revenue growth.
  • For a full review of our report, please refer to our second quarter and half year 2022 report.