BB

Oyster Consulting Hires Olga Rip

Retrieved on: 
Tuesday, October 31, 2023
BB, CFO, Treasurer, Financial adviser, Oyster

RICHMOND, Va., Oct. 31, 2023 (GLOBE NEWSWIRE) -- Oyster Consulting announced today that Olga Rip joined its consulting team to support the firm’s FinOp services.

Key Points: 
  • RICHMOND, Va., Oct. 31, 2023 (GLOBE NEWSWIRE) -- Oyster Consulting announced today that Olga Rip joined its consulting team to support the firm’s FinOp services.
  • Rip expands Oyster Consulting’s ability to provide industry experts who have the practical FinOp experience and licenses necessary to successfully navigate the regulatory nuances and interpretations broker-dealers face.
  • “I’m excited to have Olga join our financial consulting team.
  • Prior to joining Oyster, Rip served as FinOp, CFO and Treasurer for Truist Investment Services, Inc. & Truist Advisory Services, Inc., and as FinOp for BB&T Securities, LLC.

Crescent Energy Reports Record Third Quarter 2023 Results

Retrieved on: 
Monday, November 6, 2023
Oil, Gas, Energy, Moody's Investors Service, FY, BB, Eagle Ford, Dallas, Carbon, Sustainability reporting, Disclosure, Acquisition, LTM, S&P, GHG, Hand, Security (finance), Crescent

Please see “Cautionary Statement Regarding Forward-Looking Information.” Initial FY 2023 outlook includes initial FY 2023 outlook disclosed in March 2023 plus the midpoint of the contribution from the Western Eagle Ford acquisitions that closed in July and October 2023.

Key Points: 
  • Please see “Cautionary Statement Regarding Forward-Looking Information.” Initial FY 2023 outlook includes initial FY 2023 outlook disclosed in March 2023 plus the midpoint of the contribution from the Western Eagle Ford acquisitions that closed in July and October 2023.
  • On October 2, 2023, Crescent closed the acquisition of an additional 12% working interest for approximately $250 million in cash.
  • The third quarter dividend is payable on December 4, 2023, to shareholders of record as of the close of business on November 20, 2023.
  • Crescent plans to host a conference call to discuss its third quarter 2023 financial and operating results at 10 a.m. CT on Tuesday, November 7, 2023.

Howmet Aerospace Reports Third Quarter 2023 Results

Retrieved on: 
Thursday, November 2, 2023
Trucking, Defense, Air, Aerospace, Transport, Manufacturing, Other Defense, System, Fitch Ratings, BB, NYSE, EBITDA, Rail fastening system, Share repurchase, Original equipment manufacturer, GAAP, BA1, Note, Segment, Growth, HWM, S&P, Plastech Engineered Products, Howmet Aerospace, Bank, Car rental, Arms industry, Airline, Fine chemical

Howmet Aerospace (NYSE: HWM) today reported third quarter 2023 results.

Key Points: 
  • Howmet Aerospace (NYSE: HWM) today reported third quarter 2023 results.
  • Howmet Aerospace reported net income of $188 million, or $0.45 per share, in the third quarter 2023 versus $80 million, or $0.19 per share, in the third quarter 2022.
  • Howmet Aerospace Executive Chairman and Chief Executive Officer John Plant said, “The Howmet Aerospace team delivered solid results in the third quarter 2023 in all respects.
  • In the third quarter 2023, Howmet Aerospace repurchased $25 million of common stock at an average price of $49.32 per share, retiring approximately 0.5 million shares, which represents the 10th consecutive quarter of share repurchase activity.

Inclusivity and Sustainability Propel Growth in BB Cream Market as Consumers Prioritize Skin Health and Clean Beauty - ResearchAndMarkets.com

Retrieved on: 
Thursday, November 2, 2023
Cosmetics, Retail, Specialty, Cream, BB cream, Consumer, BB, Skin, Multifunctionality in agriculture, Growth, USD, Beauty, Compound annual growth rate

The global BB Cream market has witnessed remarkable growth due to its versatile nature, offering both skincare benefits and makeup coverage.

Key Points: 
  • The global BB Cream market has witnessed remarkable growth due to its versatile nature, offering both skincare benefits and makeup coverage.
  • As consumers increasingly prioritize skin health and natural beauty, the demand for BB creams has surged due to their promise of achieving a flawless complexion while nurturing the skin.
  • Sustainability and Clean Beauty: Sustainability and clean beauty are crucial considerations for consumers.
  • The global BB Cream market continues to flourish, offering consumers a versatile solution that combines skincare and makeup while embracing inclusivity and sustainability, reflecting the evolving preferences of modern beauty enthusiasts.

Achieve announces close of $157.5 million, AAA-rated personal loan securitization

Retrieved on: 
Thursday, November 2, 2023
Sale, Jules Kroll, DBRS, Class D, Regulation, CRB, KBRA, BB, FCCF, SEC Rule 144A, AAA, BBB, ATLAS, Employment, Jefferies, SAN, Bank, Security (finance), AA

SAN MATEO, Calif., Nov. 2, 2023 /PRNewswire/ -- Achieve, the digital personal finance company, announces the Oct. 27 close of an offering of $157.52 million in rated notes backed by Consolidation Plus loans.

Key Points: 
  • SAN MATEO, Calif., Nov. 2, 2023 /PRNewswire/ -- Achieve , the digital personal finance company, announces the Oct. 27 close of an offering of $157.52 million in rated notes backed by Consolidation Plus loans.
  • The securitization, ACHV ABS Trust 2023-4CP, includes five classes of rated notes and is backed by 14,141 unsecured consumer personal loans.
  • It is the eighth personal loan securitization from FCCF and FFAM to receive a AAA rating from DBRS Morningstar and the 10th to receive a AAA rating from Kroll Bond Rating Agency (KBRA).
  • Cumulative issuances across all FCCF-sponsored securitizations total over $5.3 billion and total loan originations through the Achieve Personal Loans platform and Achieve Home Loans is approximately $11 billion.

BlackBerry Announces John Chen to Retire as Executive Chair and CEO

Retrieved on: 
Monday, October 30, 2023
Internet of things, Chairperson, NYSE, BB, Ruckus Networks, Lynch, Verizon (mobile network), Computer security, BlackBerry, Compensation, Interim, Ribbon Communications, Lead, Verizon Communications, BlackBerry Limited, Nomination, TSX, Management

WATERLOO, ON, Oct. 30, 2023 /PRNewswire/ -- BlackBerry Limited (NYSE: BB; TSX: BB) today announced that John Chen, Executive Chair and CEO of BlackBerry, will retire from the Company effective November 4, 2023. This aligns with the terms of Mr. Chen's contract and follows the conclusion of the Project Imperium evaluation. Richard (Dick) Lynch will succeed Mr. Chen as Board Chair and will also serve as Interim Chief Executive Officer while BlackBerry completes its search for a permanent CEO.

Key Points: 
  • WATERLOO, ON, Oct. 30, 2023 /PRNewswire/ -- BlackBerry Limited (NYSE: BB; TSX: BB) today announced that John Chen, Executive Chair and CEO of BlackBerry, will retire from the Company effective November 4, 2023.
  • Richard (Dick) Lynch will succeed Mr. Chen as Board Chair and will also serve as Interim Chief Executive Officer while BlackBerry completes its search for a permanent CEO.
  • "The BlackBerry Board of Directors would like to express its gratitude to John for his decade of strong leadership.
  • "I have known John Chen for almost two decades and have always been impressed with his focus and leadership.

Nagad Digital Bank gets BB approval

Retrieved on: 
Friday, October 27, 2023
BB, Bangladesh Bank, AI, Addition Financial, Nagad, MFS, Cryptocurrency

DHAKA, Bangladesh, Oct. 27, 2023 /PRNewswire/ -- Nagad Digital Bank Ltd. has secured the much-awaited permission from the Bangladesh Bank (BB) to launch its operation, thus getting a shot in the arm to take digital financial transactions to a new high.

Key Points: 
  • DHAKA, Bangladesh, Oct. 27, 2023 /PRNewswire/ -- Nagad Digital Bank Ltd. has secured the much-awaited permission from the Bangladesh Bank (BB) to launch its operation, thus getting a shot in the arm to take digital financial transactions to a new high.
  • On 22 October 2023, the central bank gave its seal of approval to two out of 52 applicants to set up the country's first-ever digital bank.
  • With the green light from the Bangladesh Bank, Nagad Digital Bank Ltd. has already started its preparation to take banking services to people's doorsteps.
  • Tanvir A Mishuk, founder and managing director of Nagad Ltd., said, "Today, we have received approval from the Bangladesh Bank to establish the country's first digital bank.

Luxshare Precision's Journey Towards Sustainable Development and Excellence

Retrieved on: 
Sunday, October 29, 2023
Carbon, Occupational Safety and Health Act 1994, Carbon Disclosure Project, OECD, CSR, Forbes China Celebrity 100, Corporate social responsibility, ESG, Science Based Targets initiative, Certification, Brazilian Institute of Public Opinion and Statistics, BB, Metal, Economic Cooperation Organization, O'Neill School of Public and Environmental Affairs, Sustainable development, Electricity, Organization, Targets, Apple Watch, EHS, Social responsibility, CDP, Pioneer, IPE, MSCI, Green supply chain management, Electronics, Safety, Climate change, Communication, TCFD, Task force, Renewable energy, Luxshare, Apple

Luxshare Precision's Chairman Grace WANG also expressed the commitment in a recent media interview, "Green and low-carbon initiatives, along with sustainable development, are crucial issues in Luxshare Precision's high-quality development process.

Key Points: 
  • Luxshare Precision's Chairman Grace WANG also expressed the commitment in a recent media interview, "Green and low-carbon initiatives, along with sustainable development, are crucial issues in Luxshare Precision's high-quality development process.
  • Through active ESG practices, Luxshare Precision has contributed to the sustainable development of the industry and society as a whole.
  • Responsible governance to promote sustainable development Luxshare Precision has implemented a three-level sustainability governance structure featuring "decision-making - planning - execution", which consists of the Board of Directors, the Sustainable Development Center and the Sustainability Implementation Team.
  • Over the past few years, Luxshare has kept practicing the concept of sustainable development and has achieved significant results in ESG.

Nagad Digital Bank gets BB approval

Retrieved on: 
Friday, October 27, 2023
BB, Bangladesh Bank, AI, Addition Financial, Nagad, MFS, Cryptocurrency

DHAKA, Bangladesh, Oct. 27, 2023 /PRNewswire/ -- Nagad Digital Bank Ltd. has secured the much-awaited permission from the Bangladesh Bank (BB) to launch its operation, thus getting a shot in the arm to take digital financial transactions to a new high.

Key Points: 
  • DHAKA, Bangladesh, Oct. 27, 2023 /PRNewswire/ -- Nagad Digital Bank Ltd. has secured the much-awaited permission from the Bangladesh Bank (BB) to launch its operation, thus getting a shot in the arm to take digital financial transactions to a new high.
  • On 22 October 2023, the central bank gave its seal of approval to two out of 52 applicants to set up the country's first-ever digital bank.
  • With the green light from the Bangladesh Bank, Nagad Digital Bank Ltd. has already started its preparation to take banking services to people's doorsteps.
  • Tanvir A Mishuk, founder and managing director of Nagad Ltd., said, "Today, we have received approval from the Bangladesh Bank to establish the country's first digital bank.

Verde Cultivates Financial Resilience with Banco do Brasil and Bradesco Backing

Retrieved on: 
Monday, October 23, 2023
Central Bank of Brazil, Certificate, CDI, BB, Biophysical environment, Social, Bank statement, Rehabilitation, Growth, Central bank, Partnership, Farmer, SELIC, Government, TSX, Funding, 2008 Brazilian federal budget, Bank, Audit

SINGAPORE, Oct. 23, 2023 (GLOBE NEWSWIRE) -- Verde AgriTech Ltd (TSX: “NPK”) ("Verde” or the “Company”) is pleased to announce that it has secured 16.2 million Canadian Dollars (“C$”) - 60 million Brazilian Reais (“R$”) - in debt financing facility from Banco do Brasil S.A. (“Banco do Brasil”) and Banco Bradesco S.A. (“Bradesco”), the two largest Brazilian banks (the “Financing”). The funds raised will be used to replace existing debt that were at higher interest rates and provide the Company with more favorable terms, including 6 months of grace period for Bradesco’s loan and 12 months for Banco do Brasil’s loan. This will enable Verde to offer financing solutions to potential customers, whilst fostering growth and financial stability. The Financing consists of C$10.8 million in debt from Banco do Brasil, Brazil's largest bank (R$40 million), of which the Brazilian Federal Government retains a 50% share; and C$5.4 million from Bradesco (R$20 million), the second largest financial group in Brazil (the “Banks”). Additionally, Verde currently has C$20 million (R$74 million) pre-approved credit with banks in Brazil.

Key Points: 
  • Currency exchange rate: C$1.00 = R$3.70)
    SINGAPORE, Oct. 23, 2023 (GLOBE NEWSWIRE) -- Verde AgriTech Ltd (TSX: “NPK”) ("Verde” or the “Company”) is pleased to announce that it has secured 16.2 million Canadian Dollars (“C$”) - 60 million Brazilian Reais (“R$”) - in debt financing facility from Banco do Brasil S.A. (“Banco do Brasil”) and Banco Bradesco S.A. (“Bradesco”), the two largest Brazilian banks (the “Financing”).
  • This will enable Verde to offer financing solutions to potential customers, whilst fostering growth and financial stability.
  • Additionally, Verde currently has C$20 million (R$74 million) pre-approved credit with banks in Brazil.
  • The loan granted by Banco do Brasil received a Sustainability Certificate (the “Certificate”) distinguishing it as a sustainable financial operation.