RFM

Holland America Line Becomes First Global Cruise Line to Receive International Seafood Certifications

Retrieved on: 
Monday, April 8, 2024

SEATTLE, April 8, 2024 /PRNewswire/ -- Holland America Line is elevating its award-winning dining experience by becoming the first global cruise line to receive both Marine Stewardship Council (MSC) and Aquaculture Stewardship Council (ASC) certifications. The two organizations serve as the most credible standards worldwide for certified seafood.

Key Points: 
  • SEATTLE, April 8, 2024 /PRNewswire/ -- Holland America Line is elevating its award-winning dining experience by becoming the first global cruise line to receive both Marine Stewardship Council (MSC) and Aquaculture Stewardship Council (ASC) certifications.
  • "Our guests care about the quality and sustainability of the fresh fish we serve, and so do we," said Gus Antorcha, president, Holland America Line.
  • Certified seafood from nine regions worldwide will be incorporated into Holland America Line seafood offerings: Asia, Australia, Canada/New England, Mexico, Mediterranean, Northern Europe, South America, the Caribbean, and Hawaii.
  • While not all seafood species aboard Holland America Line are currently certified, the cruise line is working toward 100% accreditation of species that are eligible to meet the organizations' standards.

Tradeweb Reports March 2024 Total Trading Volume of $36.2 Trillion and Average Daily Volume of $1.81 Trillion

Retrieved on: 
Thursday, April 4, 2024

European government bond volumes continued to be strong in March, with strong growth in average daily trading volume in the institutional EUR and UK Gilts businesses.

Key Points: 
  • European government bond volumes continued to be strong in March, with strong growth in average daily trading volume in the institutional EUR and UK Gilts businesses.
  • Primary market issuance remained robust across Europe and the UK, which generated heavy trading activity from all client types using a wide range of trading protocols.
  • Strong U.S. credit volumes were driven by increased client adoption of Tradeweb protocols, most notably in request-for-quote (RFQ), portfolio trading and Tradeweb AllTrade®.
  • Record European credit volumes were supported by continued growth in client use of Tradeweb Automated Intelligent Execution (AiEX) and portfolio trading.

RiverNorth Closed-End Funds Declare Monthly Distributions

Retrieved on: 
Monday, April 1, 2024

Each Fund maintains a level distribution policy with the intention of providing monthly distributions to shareholders at a constant and fixed (but not guaranteed) rate that is reset annually.

Key Points: 
  • Each Fund maintains a level distribution policy with the intention of providing monthly distributions to shareholders at a constant and fixed (but not guaranteed) rate that is reset annually.
  • Each Fund’s ability to maintain a stable level of distributions to shareholders will depend on a number of factors, including changes in the financial market, market interest rates, and performance of overall equity and fixed income markets.
  • Holders of each Fund’s common stock will receive the distribution under one of two options:
    2.
  • A return of capital does not necessarily reflect a Fund’s investment performance and should not be confused with ‘yield’ or ‘income.’ Any such returns of capital will decrease a Fund’s total assets and, therefore, could have the effect of increasing a Fund’s expense ratio.

Auddia Updates Status of Overall M&A User Acquisition Strategy

Retrieved on: 
Monday, March 4, 2024

BOULDER, CO, March 04, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire -- Auddia Inc. (NASDAQ:AUUD) (NASDAQ:AUUDW) ("Auddia" or the "Company"), a proprietary AI platform for audio identification and classification and related technologies, that is reinventing how consumers engage with AM/FM radio, podcasts, and other audio content, provides today an update on its overall M&A strategy on the heels of announcing the signing of a definitive purchase agreement to acquire Radio FM (RFM), a leading AM/FM streaming app. Closing of the RFM acquisition remains subject to securing adequate financing.

Key Points: 
  • Jeff Thramann, Executive Chairman of Auddia, said, “The previously announced RFM acquisition represents the first M&A target of the three AM/FM streaming providers we have under LOI.
  • If we are able to arrange financing for RFM and our other targets, the acquisitions would completely change the financial trajectory of Auddia.
  • Auddia expects to sign the definitive purchase agreement for target #2 before the end of Q1 2024.
  • All three acquisitions being targeted by Auddia remain subject to financing the acquisition costs.

Auddia Details Expected Synergies of Proposed Acquisition of Radio FM

Retrieved on: 
Thursday, February 29, 2024

BOULDER, CO, Feb. 29, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire – Auddia Inc. (NASDAQ:AUUD) (NASDAQ:AUUDW) ("Auddia" or the "Company"), a proprietary AI platform for audio identification and classification and related technologies, that is reinventing how consumers engage with AM/FM radio, podcasts, and other audio content, detailed today how the company expects to drive significant synergies through its proposed acquisition of streaming app Radio FM.

Key Points: 
  • Theo Romeo, CMO and Chief Product Officer of Auddia, said, “Radio FM currently generates almost all of its revenue from digital ad placements on a free tier.
  • Our product integration strategy is to leave this free tier intact and integrate our AI into the existing Radio FM platform.
  • As previously announced, Auddia has recently productized a second AI technology that extends the Company’s premium ad-free listening experience to podcasts in addition to AM/FM radio streams.
  • If the Company is successful in executing all three targeted acquisitions, the timeline to profitability is expected to accelerate.

Auddia Signs Purchase Agreement to Acquire Radio FM; Advancing M&A User Acquisition Strategy

Retrieved on: 
Tuesday, February 27, 2024

BOULDER, CO, Feb. 27, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire - Auddia Inc. (NASDAQ:AUUD) (NASDAQ:AUUDW) ("Auddia" or the "Company"), a proprietary AI platform for audio identification and classification and related technologies, that is reinventing how consumers engage with AM/FM radio, podcasts, and other audio content, announced today that it has signed a definitive purchase agreement to acquire Radio FM (RFM), a leading AM/FM streaming app. Closing the acquisition remains subject to financing the acquisition cost.

Key Points: 
  • Closing the acquisition remains subject to financing the acquisition cost.
  • Radio FM is one of the leading global radio streaming mobile applications.
  • The Radio FM acquisition allows us to acquire 4.6 million retained users at a customer acquisition cost (CAC) that is approximately 70% lower than the cost to acquire a free tier user through our direct marketing methods.
  • Auddia continues to advance discussions with the other two previously disclosed acquisition targets under LOI and will provide an update on their status in the coming days.

Tradeweb Reports February 2024 Total Trading Volume of $37.9 Trillion and Average Daily Volume of $1.87 Trillion

Retrieved on: 
Tuesday, March 5, 2024

Average daily volume (ADV) for the month was $1.87tn, an increase of 31.1 percent (%) year-over-year (YoY).

Key Points: 
  • Average daily volume (ADV) for the month was $1.87tn, an increase of 31.1 percent (%) year-over-year (YoY).
  • Increased adoption across a wide range of trading protocols, along with sustained rates market volatility, contributed to the increase in volume.
  • Strong U.S. credit volumes were driven by increased client adoption of Tradeweb protocols, most notably in request-for-quote (RFQ), portfolio trading and Tradeweb AllTrade®.
  • Strong European credit volumes were supported by continued growth in client use of Tradeweb Automated Intelligent Execution (AiEX) and portfolio trading.

Vericast's NXTDRIVE™ Only Customer Data Marketing Platform to Unite, Enrich and Activate First-Party Data Across Digital and Print Channels

Retrieved on: 
Wednesday, February 14, 2024

SAN ANTONIO, Feb. 14, 2024 /PRNewswire/ -- Vericast today announced its NXTDRIVE™ customer data marketing platform (CDMP) is now available for retail marketers nationwide. NXTDRIVE is the only CDMP that combines first-party data management and marketing activation from a single partner and solution for precise targeting and media delivery across print and digital channels.

Key Points: 
  • SAN ANTONIO, Feb. 14, 2024 /PRNewswire/ -- Vericast today announced its NXTDRIVE ™ customer data marketing platform (CDMP) is now available for retail marketers nationwide.
  • NXTDRIVE is the only CDMP that combines first-party data management and marketing activation from a single partner and solution for precise targeting and media delivery across print and digital channels.
  • NXTDRIVE harnesses the power of machine learning (ML) and Vericast proprietary data and technologies to unify, clean and enrich a client's first-party data.
  • A recent Vericast study conducted in partnership with Prosper Insights & Analytics found 73% of respondents agree most first-party data solutions today do not deliver effective media across print and digital channels.

Tradeweb Reports January 2024 Total Trading Volume of $42.6 Trillion and Record Average Daily Volume of $2.00 Trillion

Retrieved on: 
Monday, February 5, 2024

Average daily volume (ADV) for the month was a record $2.00tn, an increase of 74.6 percent (%) year-over-year (YoY).

Key Points: 
  • Average daily volume (ADV) for the month was a record $2.00tn, an increase of 74.6 percent (%) year-over-year (YoY).
  • Higher interest rates continued to drive trading in the retail market on the short-end of the curve.
  • To-Be-Announced (TBA) platform volumes were supported by elevated roll trading activity as well as strong participation from the hedge fund community.
  • Strong U.S. credit volumes were driven by increased client adoption of Tradeweb protocols, most notably in request-for-quote (RFQ), portfolio trading and Tradeweb AllTrade®.

Tradeweb Reports December 2023 Total Trading Volume of $28.9 Trillion and Average Daily Volume of $1.46 Trillion

Retrieved on: 
Thursday, January 4, 2024

To-Be-Announced (TBA) platform volumes were supported by the broader rates market rally as well as strong coupon swap and roll trading activity.

Key Points: 
  • To-Be-Announced (TBA) platform volumes were supported by the broader rates market rally as well as strong coupon swap and roll trading activity.
  • Robust client engagement in specified pool trading reflected growing adoption of our list trading tool YoY.
  • Strong U.S. credit volumes were driven by increased client adoption of Tradeweb protocols, most notably in request-for-quote (RFQ), portfolio trading and Tradeweb AllTrade.
  • YoY Volume for the Month of December 2023, Q4 2023 and Full Year (FY) 2023