NYSE

MetLife and Citibank, N.A. Launch Bangladesh’s First Host-To-Host Electronic Payment Processing Platform

Thursday, September 23, 2021 - 9:09am

MetLife Bangladesh and Citibank, N.A Bangladesh have together launched the countrys first ever Host-to-Host (H2H) payment processing platform using Bangladesh Banks (Central Bank of Bangladesh) Electronic Fund Transfer (EFT) Debit network.

Key Points: 
  • MetLife Bangladesh and Citibank, N.A Bangladesh have together launched the countrys first ever Host-to-Host (H2H) payment processing platform using Bangladesh Banks (Central Bank of Bangladesh) Electronic Fund Transfer (EFT) Debit network.
  • The platform has been delivered through a sophisticated technology integration between MetLife Bangladesh and Citis award-winning online banking platform CitiDirect BE.
  • At MetLife, we strive to enable technological advancements to make our insurance experience better and more convenient for customers.
  • We are delighted to launch this Direct Debit H2H Solution in partnership with our valued client, MetLife Bangladesh
    EFT Debit is one of several digital payment options MetLife Bangladesh offers to help customers conveniently and securely pay their premiums online.

Upptec’s Claim Contents Valuation App Now Available in Guidewire Marketplace

Thursday, September 23, 2021 - 10:00am

Upptec Valuation for adjusters enables automated valuation for damaged goods in a claim.

Key Points: 
  • Upptec Valuation for adjusters enables automated valuation for damaged goods in a claim.
  • We congratulate Upptec on the release of its add-on, now available in Guidewires Marketplace, said Neil Betteridge, vice president, Strategy, Guidewire Software.
  • Using Upptecs straight-through processing in ClaimCenter, adjusters can automatically access valuations, reducing the time and money spent on a claim.
  • All of our Ready for Guidewire partner solutions are validated for security, quality, and compatibility with Guidewire, and can be found on the Guidewire Marketplace .

Citi Appointed as Successor Depositary Bank for Banco Santander S.A.’s ADR Programme

Thursday, September 23, 2021 - 9:00am

Citi, acting through Citibank N.A., has been appointed by Banco Santander S.A. (Banco Santander) to act as successor depositary bank for its NYSE listed American Depositary Receipt (ADR) programme.

Key Points: 
  • Citi, acting through Citibank N.A., has been appointed by Banco Santander S.A. (Banco Santander) to act as successor depositary bank for its NYSE listed American Depositary Receipt (ADR) programme.
  • Banco Santanders underlying ordinary shares are listed and trade on the Madrid Stock Exchange under the symbol SAN.
  • Banco Santanders Chief Financial Officer, Jos Cantera, commented: At Santander we are always striving to achieve the highest standards in investor engagement and transparency.
  • Banco Santander (SAN SM, SAN US, BNC LN) is a leading retail and commercial bank, founded in 1857 and headquartered in Spain.

ironSource Partners with Vodafone

Thursday, September 23, 2021 - 8:00am

ironSource (NYSE: IS), a leading business platform for the App Economy, announced today a partnership with Vodafone, which will be integrating the ironSource Aura solution suite on its Android devices across Europe, including in the UK, Germany, Spain and Italy.

Key Points: 
  • ironSource (NYSE: IS), a leading business platform for the App Economy, announced today a partnership with Vodafone, which will be integrating the ironSource Aura solution suite on its Android devices across Europe, including in the UK, Germany, Spain and Italy.
  • View the full release here: https://www.businesswire.com/news/home/20210923005054/en/
    ironSource Partners with Vodafone (Graphic: Business Wire)
    Offering high-quality content at points where its relevant, welcome and natural, is the cornerstone of creating customer loyalty today, said Arnon Harish, President and Co-Founder of ironSource.
  • By offering a dynamic setup experience, Aura enables Vodafone customers to customize their devices with content that fits their needs and interests.
  • The ironSource platform also empowers telecom operators to create a richer device experience, incorporating relevant app and service recommendations to engage users throughout the lifecycle of the device.

Lufax Releases First ESG Report Highlighting Commitment to Inclusive Finance

Thursday, September 23, 2021 - 7:07am

The report highlights the Company's long-term commitment to inclusive finance, improving access to financial services for small and micro business owners, alleviating rural poverty, supporting the real economy and other societal benefits through FinTech innovations.

Key Points: 
  • The report highlights the Company's long-term commitment to inclusive finance, improving access to financial services for small and micro business owners, alleviating rural poverty, supporting the real economy and other societal benefits through FinTech innovations.
  • "In this report, we present our sustainability achievements and express our determination to developing long-term value," said Guangheng Ji, Chairman of Lufax Holding.
  • We will bolster inclusive finance, support the wider economy, fulfil our corporate responsibilities and create our own sustainability path."
  • As of 2020, Lufax has helped more than 1.24 million small and micro businesses and provided inclusive finance for 2.76 million people.

Telefónica Chooses IBM To Implement Its First-Ever Cloud-Native 5G Core Network Platform

Thursday, September 23, 2021 - 5:01am

ARMONK, N.Y. and MADRID, Sept. 23, 2021 /PRNewswire/ --IBM (NYSE: IBM ) announced today a strategic multi-year agreement with Telefnica to use IBM intelligent automation software and services to implement UNICA Next Telefnica's first-ever, cloud-native, 5G core network platform.

Key Points: 
  • ARMONK, N.Y. and MADRID, Sept. 23, 2021 /PRNewswire/ --IBM (NYSE: IBM ) announced today a strategic multi-year agreement with Telefnica to use IBM intelligent automation software and services to implement UNICA Next Telefnica's first-ever, cloud-native, 5G core network platform.
  • The integration of IBM Cloud Pak for Network Automation software with UNICA Next allows for intent-driven orchestration supporting the end-to-end lifecycle management of different network cloud elements and network functions, including 5G core.
  • These new capabilities will be engineered to allow Telefnica to more quickly deploy network services and new network functions, leveraging the IBM Cloud for Telecommunications partner ecosystem.
  • https://www.telefonica.com/es/home
    To learn more about IBM Global Business Services, please visit: https://www.ibm.com/services
    For more information about IBM Cloud Pak for Network Automation, please visit: https://www.ibm.com/cloud/cloud-pak-for-network-automation

Hyatt Announces Pricing of Public Offering of 7,000,000 Shares of Common Stock

Thursday, September 23, 2021 - 3:18am

Hyatt Hotels Corporation (Hyatt or the Company) (NYSE: H), a leading global hospitality company, announced today the pricing of its underwritten registered public offering of 7,000,000 shares of its Class A common stock at a public offering price of $74.50 per share.

Key Points: 
  • Hyatt Hotels Corporation (Hyatt or the Company) (NYSE: H), a leading global hospitality company, announced today the pricing of its underwritten registered public offering of 7,000,000 shares of its Class A common stock at a public offering price of $74.50 per share.
  • The underwriters have a 30-day option to purchase up to an additional 1,050,000 shares from the Company at the public offering price, less the underwriting discount.
  • The shares are expected to be delivered on or about September 27, 2021, subject to customary closing conditions.
  • The Company's subsidiaries operate, manage, franchise, own, lease, develop, license, or provide services to hotels, resorts, branded residences, and vacation ownership properties, including under the Park Hyatt, Miraval, Grand Hyatt, Alila, Andaz, The Unbound Collection by Hyatt, Destination by Hyatt, Hyatt Regency, Hyatt, Hyatt Ziva, Hyatt Zilara, Thompson Hotels, Hyatt Centric, Caption by Hyatt, JdV by Hyatt, Hyatt House, Hyatt Place, tommie, UrCove, and Hyatt Residence Club brand names, and operates the World of Hyatt loyalty program that provides distinct benefits and exclusive experiences to its valued members.

CNOOC Limited Announces Qinhuangdao/ Caofeidian Onshore Power Project Commences Operation Successfully

Thursday, September 23, 2021 - 3:46am

HONG KONG, Sept. 22, 2021 /PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883, NYSE: CEO, TSX: CNU) announced today that Qinhuangdao/ Caofeidian onshore power project has commenced operation successfully.

Key Points: 
  • HONG KONG, Sept. 22, 2021 /PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883, NYSE: CEO, TSX: CNU) announced today that Qinhuangdao/ Caofeidian onshore power project has commenced operation successfully.
  • This onshore power project is located in the mid-western Bohai Bay, containing two parts, firstly the Qinhuangdao 32-6 and Caofeidian 11-1 oilfields onshore power project, and secondly the Qinhuangdao 32-6 facility capacity expansion project.
  • The onshore power project has built with two onshore high voltage switching stations and two offshore electric power platforms, with a designed power transmission capacity of 200MW.
  • Mr. Wang Dongjin, Chairman of CNOOC Limited, said, "The onshore power project is a vigorously measure for the Company to practice the concept of sustainable development and improve our capability of low-carbon operation.

Bragar Eagel & Squire, P.C. Reminds Investors That Class Action Lawsuits Have Been Filed Against AdaptHealth, Koninklijke Philips, PayPal, and Boston Beer and Encourages Investors to Contact the Firm

Thursday, September 23, 2021 - 2:31am

On this news, AdaptHealths stock price fell$1.51per share, or 5.93%, to close at$23.96per share onJuly 19, 2021.

Key Points: 
  • On this news, AdaptHealths stock price fell$1.51per share, or 5.93%, to close at$23.96per share onJuly 19, 2021.
  • On this news,Philips stock price fell $2.25 per share, or 3.98%, to close at $54.25 per share on June 14, 2021.
  • Throughout the Class Period, Defendants made materially false and misleading statements regarding the Companys business, operations, and compliance policies.
  • For more information on the Boston Beer class action go to: https://bespc.com/cases/SAM
    About Bragar Eagel & Squire, P.C.

Bragar Eagel & Squire, P.C. Reminds Investors That Class Action Lawsuits Have Been Filed Against Yalla, Sesen Bio, and loanDepot and Encourages Investors to Contact the Firm

Thursday, September 23, 2021 - 2:18am

On May 19, 2021, Swan Street Research (Swan Street) published a report (the Swan Street Report) addressingYalla, entitled IsYallaGroup a Multi $B Fraud?

Key Points: 
  • On May 19, 2021, Swan Street Research (Swan Street) published a report (the Swan Street Report) addressingYalla, entitled IsYallaGroup a Multi $B Fraud?
  • On this news, the price ofYallashares fell $1.31 per share, or 7.15%, to close at $17.01 per share on May 19, 2021.
  • The next day, May 20, 2021, analyst The Bear Cave issued a report entitled, "Problems atYallaGroup," and Gotham City Research also tweeted that it was shortingYallashares.
  • For more information on the loanDepot class action go to: https://bespc.com/cases/LDI
    About Bragar Eagel & Squire, P.C.