Ridesharing company

First Mid Bancshares, Inc. Announces Fourth Quarter 2022 Results

Retrieved on: 
Thursday, January 26, 2023
ACL, Insurance, CRE, EPS, Acquisition, PPP, Growth, Pressure, Real estate, Bank, Video game, Ridesharing company

Net interest margin, on a tax equivalent basis, was 3.07% for the fourth quarter of 2022, which was a decrease of 14 basis points compared to the prior quarter.

Key Points: 
  • Net interest margin, on a tax equivalent basis, was 3.07% for the fourth quarter of 2022, which was a decrease of 14 basis points compared to the prior quarter.
  • Noninterest income for the fourth quarter of 2022 was $18.2 million compared to $16.8 million in the third quarter of 2022.
  • Noninterest expense for the fourth quarter of 2022 totaled $39.4 million, which was a decrease of $2.2 million compared to the prior quarter.
  • The Company’s effective tax rate for the fourth quarter was 12.9% compared to 23.2% in the prior quarter.

New Jersey Board of Public Utilities Approves Proposed Acquisition of South Jersey Industries by Infrastructure Investments Fund

Retrieved on: 
Wednesday, January 25, 2023
South Jersey Industries, Public, SJI, Kerala Infrastructure Investment Fund Board, COVID-19, NYSE, Acquisition, New Jersey Board of Public Utilities, South Jersey Gas, Electric and Traction Company Office Building, Economic development, Partnership, Ridesharing company

FOLSOM, N.J. and NEW YORK, Jan. 25, 2023 (GLOBE NEWSWIRE) -- South Jersey Industries, Inc. (NYSE: SJI) (SJI) and the Infrastructure Investments Fund (IIF), a private investment vehicle focused on investing in critical infrastructure assets, today announced that the New Jersey Board of Public Utilities (NJ BPU) has unanimously approved IIF’s proposed acquisition of SJI.

Key Points: 
  • FOLSOM, N.J. and NEW YORK, Jan. 25, 2023 (GLOBE NEWSWIRE) -- South Jersey Industries, Inc. (NYSE: SJI) (SJI) and the Infrastructure Investments Fund (IIF), a private investment vehicle focused on investing in critical infrastructure assets, today announced that the New Jersey Board of Public Utilities (NJ BPU) has unanimously approved IIF’s proposed acquisition of SJI.
  • $5 million in community support contributions which may include charitable, educational, community support and economic development efforts.
  • $2.5 million in contributions to NJ SHARES (not earmarked for Elizabethtown Gas or South Jersey Gas customers), to assist New Jersey’s low-income customers with payment of their utility bills.
  • A Form 25 with respect to the delisting will be filed on or about February 6, 2023.

GAOTU TECHEDU SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KAHN SWICK & FOTI, LLC REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Gaotu Techedu Inc. f/k/a GSX Techedu Inc. - GOTU, G

Retrieved on: 
Wednesday, January 25, 2023
GSX, NYSE, GOTU, ADSS, KSF, District court, Court, Ridesharing company, Health insurance, Security (finance), Great Architect of the Universe

NEW ORLEANS, Jan. 24, 2023 (GLOBE NEWSWIRE) -- Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until February 28, 2023 to file lead plaintiff applications in a securities class action lawsuit against Gaotu Techedu Inc. f/k/a GSX Techedu Inc. (NYSE: GOTU, GSX), if they purchased the Company’s American depository shares (“ADSs”) between March 5, 2021 and July 23, 2021, inclusive (the “Class Period”).

Key Points: 
  • NEW ORLEANS, Jan. 24, 2023 (GLOBE NEWSWIRE) -- Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until February 28, 2023 to file lead plaintiff applications in a securities class action lawsuit against Gaotu Techedu Inc. f/k/a GSX Techedu Inc. (NYSE: GOTU, GSX), if they purchased the Company’s American depository shares (“ADSs”) between March 5, 2021 and July 23, 2021, inclusive (the “Class Period”).
  • This action is pending in the United States District Court for the Eastern District of New York.
  • If you purchased ADSs of Gaotu and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email ([email protected]), or visit https://www.ksfcounsel.com/cases/nyse-gotu/ to learn more.
  • If you wish to serve as a lead plaintiff in this class action, you must petition the Court by February 28, 2023.

Three in four people prefer better-connected public transport over driving, new global study reveals

Retrieved on: 
Wednesday, January 25, 2023
Chief digital officer, Savanta ComRes, City, Tax, Hitachi, COVID-19, Crowding, Travel, Carbon, Rail, Air pollution, Shinkansen, CO2, Hope, DMV, Congestion, Environment, Plague, Research, News, Ridesharing company, Rail transport, Retail, Transport, Mobile phone

WASHINGTON, Jan. 25, 2023 (GLOBE NEWSWIRE) -- Today, Hitachi Rail published a major new report investigating attitudes towards public transport and smart mobility in eight cities around the globe, including Washington, D.C., and Toronto, Canada. The first-of-its-kind study finds that three-quarters (75%) of people would choose a better-connected public transport system, rather than driving. The report finds a strong global demand for smart transport solutions to deliver enhanced cost, convenience and comfort, with a willingness to pay for improvements through increased taxes on private transport.

Key Points: 
  • The first-of-its-kind study finds that three-quarters (75%) of people would choose a better-connected public transport system, rather than driving.
  • In addition, 65% of respondents noted that public transport is better for the environment, a factor that is becoming more important to citizens across the globe.
  • The research provides useful insights for transport planners seeking to understand how to increase public transport usage.
  • A powerful three-quarters (75%) of global respondents would likely choose a better-connected public transport system, rather than driving.

Three in four people prefer better-connected public transport over driving, new global study reveals

Retrieved on: 
Wednesday, January 25, 2023
Chief digital officer, Savanta ComRes, City, Tax, Hitachi, COVID-19, Crowding, Travel, Carbon, Rail, Air pollution, Shinkansen, CO2, Hope, Congestion, Environment, Research, Ridesharing company, Transport, Retail, Mobile phone

TORONTO, Jan. 25, 2023 (GLOBE NEWSWIRE) -- Today, Hitachi Rail published a major new report investigating attitudes towards public transport and smart mobility in eight cities around the globe, including Toronto, Canada. The first-of-its-kind study finds that three-quarters (75%) of people would choose a better-connected public transport system, rather than driving. The report finds a strong global demand for smart transport solutions to deliver enhanced cost, convenience and comfort, with a willingness to pay for improvements through increased taxes on private transport.

Key Points: 
  • Hitachi Rail publishes first-of-its-kind major study into attitudes towards public transport across eight global cities – including Toronto and Washington, D.C.
  • The first-of-its-kind study finds that three-quarters (75%) of people would choose a better-connected public transport system, rather than driving.
  • Respondents in Toronto currently favor driving a personal vehicle to public transport (63%), driven strongly by crowd avoidance (72%), cost (63%) and convenience (44%).
  • A powerful three-quarters (75%) of global respondents would likely choose a better-connected public transport system, rather than driving.

Uber for Business Announces Integration with CDK Global, Driving Better Customer Experiences at Car Dealerships

Retrieved on: 
Tuesday, January 24, 2023
CDK, CDK Global, Original equipment manufacturer, SAN, Partnership, Transport, Car dealership, Uber, Ridesharing, Business, Smartphone, Meal, Ridesharing company, Accenture

With Uber for Business, CDK’s clients can create a seamless experience for customers, business guests, or whoever is on the move.

Key Points: 
  • With Uber for Business, CDK’s clients can create a seamless experience for customers, business guests, or whoever is on the move.
  • According to Accenture, almost half of car buyers think about changing their automotive brand after a company fails to deliver a relevant customer experience.
  • With Uber for Business and CDK, dealerships can request rides for their customers to the shop to pick up their car after repairs or when they buy a new car.
  • “At Uber for Business, we are redefining the automotive dealership experience for staff and customers,” said Susan Anderson, Global Head of Uber for Business.

FTC, DOJ Issue Fiscal Year 2021 Hart Scott Rodino Premerger Notification Report

Retrieved on: 
Friday, February 10, 2023
Justice, Federation, FTC, Commission, Health, Congress, Time, Blog, Social media, HSR, Agriculture, Federal Trade Commission, Workload, News, Ridesharing company

The report presents fiscal year 2021 data on the HSR Premerger Notification Program that alerts the agencies to transactions that may substantially lessen competition in violation of federal law.

Key Points: 
  • The report presents fiscal year 2021 data on the HSR Premerger Notification Program that alerts the agencies to transactions that may substantially lessen competition in violation of federal law.
  • The report notes that a record-breaking 3,520 transactions were reported to both antitrust agencies during fiscal year 2021, more than twice the number that were reported the year before.
  • The report also notes that the agencies issued 65 second requests in fiscal year 2021, up from 48 the year before, reflecting a significant increase in the merger workload.
  • The report includes statistical tables profiling HSR filings and investigations during fiscal year 2021.

FTC, DOJ Issue Fiscal Year 2021 Hart Scott Rodino Premerger Notification Report

Retrieved on: 
Friday, February 10, 2023
Justice, Federation, FTC, Commission, Health, Congress, Time, Blog, Social media, HSR, Agriculture, Federal Trade Commission, Workload, News, Ridesharing company

The report presents fiscal year 2021 data on the HSR Premerger Notification Program that alerts the agencies to transactions that may substantially lessen competition in violation of federal law.

Key Points: 
  • The report presents fiscal year 2021 data on the HSR Premerger Notification Program that alerts the agencies to transactions that may substantially lessen competition in violation of federal law.
  • The report notes that a record-breaking 3,520 transactions were reported to both antitrust agencies during fiscal year 2021, more than twice the number that were reported the year before.
  • The report also notes that the agencies issued 65 second requests in fiscal year 2021, up from 48 the year before, reflecting a significant increase in the merger workload.
  • The report includes statistical tables profiling HSR filings and investigations during fiscal year 2021.

NCL Corporation Ltd. Announces Upsizing and Pricing of $600,000,000 of Senior Secured Notes

Retrieved on: 
Thursday, January 19, 2023
Public expenditure, Failure, Name, Person, Insurance, Unemployment, COVID-19, Pandemic, NCLH, Safety, Environment, Revolution, Health, NYSE, Travel, Maintenance, Stock dilution, SEC Rule 144A, Norwegian Cruise Line Holdings, First Priority Music, Growth, Norwegian Cruise Line, Piracy, Annual report, Note, Epidemic, Sale, NCL, Information technology, Investment, Security (finance), Bank, Risk management, Medical device, Ridesharing company

The aggregate principal amount of Notes to be issued was increased to $600 million from the previously announced $500 million.

Key Points: 
  • The aggregate principal amount of Notes to be issued was increased to $600 million from the previously announced $500 million.
  • The offering of the Notes is expected to close on February 2, 2023, subject to customary closing conditions.
  • The Notes and the related guarantees will be secured by first-priority interests in, among other things and subject to certain agreed security principles, thirteen of our vessels that also secure our senior secured credit facility.
  • The Notes will be guaranteed by our subsidiaries that own the vessels that will secure the Notes.

NCL Corporation Ltd. Announces Proposed Offerings of Senior Secured Notes

Retrieved on: 
Thursday, January 19, 2023
Public expenditure, Failure, Name, Person, Insurance, Unemployment, COVID-19, Pandemic, NCLH, Safety, Environment, Revolution, Health, NYSE, Travel, Maintenance, Stock dilution, SEC Rule 144A, Norwegian Cruise Line Holdings, Norwegian Cruise Line, Growth, Piracy, Annual report, Note, Epidemic, Sale, NCL, Information technology, Investment, Security (finance), Risk management, Medical device, Ridesharing company

The Notes and the related guarantees will be secured by first-priority interests in, among other things and subject to certain agreed security principles, thirteen of our vessels that also secure our senior secured credit facility.

Key Points: 
  • The Notes and the related guarantees will be secured by first-priority interests in, among other things and subject to certain agreed security principles, thirteen of our vessels that also secure our senior secured credit facility.
  • The Notes will be guaranteed by our subsidiaries that own the vessels that will secure the Notes.
  • We intend to use the net proceeds from the Notes Offering to repay a portion of the term loans outstanding under our senior secured credit facility that will become due in January 2024, including to pay any accrued and unpaid interest thereon, as well as related premiums, fees and expenses.
  • This press release is being issued pursuant to and in accordance with Rule 135c under the Securities Act.