Turnaround ADR

Wolters Kluwer Expert Examines the Threats to Biden's Student Loan Forgiveness Program and Analyzes the Potential State Income Taxation for Borrowers

Retrieved on: 
Friday, November 4, 2022

NEW YORK, Nov. 4, 2022 /PRNewswire/ -- 

Key Points: 
  • While the American Rescue Plan Act of 2021 (ARPA) ensures that this debt forgiveness is not subject to federal income taxes, some states are still looking to impose state income taxes.
  • The map highlights states that will tax forgiven student debt, states that will not, and states that may do so.
  • Some opponents of the program have even based their legal challenges on this potential state taxation.
  • Wolters Kluwer shares are listed on Euronext Amsterdam (WKL) and are included in the AEX and Euronext 100 indices.

NORNICKEL PROVIDES UPDATE IN RELATION TO LOAN PARTICIPATION NOTES DUE 2025

Retrieved on: 
Thursday, November 3, 2022

1 November 2022 PJSC MMC Norilsk Nickel (Nornickel) has today provided an update regarding the U.S.$500,000,000 2.55 per cent.

Key Points: 
  • 1 November 2022 PJSC MMC Norilsk Nickel (Nornickel) has today provided an update regarding the U.S.$500,000,000 2.55 per cent.
  • Loan Participation Notes due 2025 (the Notes) issued by MMC Finance Designated Activity Company (the Issuer) for the sole purpose of financing a loan to Nornickel, as borrower.
  • As described in Nornickels announcement dated 16 September 2022, the holders of the Notes approved amendments to the Trust Deed, the Conditions and the loan agreement in relation to the Notes dated 9 September 2020 (such loan agreement, as supplemented by a supplemental loan agreement dated 16 September 2022, the Loan Agreement), with amendments becoming effective immediately.
  • As Nornickel has fully complied with its obligations under the Loan Agreement in respect of the 11 September Interest Payment, there has been no Event of Default under the Loan Agreement.

Splitit's new white-label Installments-as-a-Service experience delivers impressive results with OCM

Retrieved on: 
Thursday, October 20, 2022

Splitit promotes loyalty between OCM and its shoppers through an embedded white-label experience, creating repeat purchases that increase the lifetime value of OCM's shoppers.

Key Points: 
  • Splitit promotes loyalty between OCM and its shoppers through an embedded white-label experience, creating repeat purchases that increase the lifetime value of OCM's shoppers.
  • "First and foremost, the overall implementation is a lot more straightforward and delivers a much-improved shopping experience," said Juanfran Figueredo, Head of Data Analytics at OCM.
  • OCM immediately began seeing the overall performance uplift with the updated user experience.
  • Splitit's Installments-as-a-Service provides a merchant-branded experience embedded into the merchant's checkout flow allowing merchants to focus on delivering a more cohesive shopping experience.

SMBC Continues Growth With New Human Resources, Strategy & Transformation Appointments

Retrieved on: 
Wednesday, October 19, 2022

SMBC, a member of SMBC Group, announced today the appointment of Robin Milberg as Chief Human Resources Officer (CHRO) and Paul Sweeney as Head of Strategy & Transformation.

Key Points: 
  • SMBC, a member of SMBC Group, announced today the appointment of Robin Milberg as Chief Human Resources Officer (CHRO) and Paul Sweeney as Head of Strategy & Transformation.
  • This hands-on, relationship-based approach differentiates us, but is also predicated on a skilled and engaged workforce following and building upon a common strategy.
  • Pauls approach to strategy and transformation epitomizes a comprehensive and effective approach focused on execution, added Freer.
  • In this role, he led this groups transformation through the identification and delivery of functional enhancements that support SMBCs business strategy.

Barclays plc Shareholder News: Robbins LLP Urges Shareholders to Contact the Firm for Information About the Class Action Against Barclays plc (BCS)

Retrieved on: 
Wednesday, October 5, 2022

If you would like more information about Barclays plc's misconduct, click here .

Key Points: 
  • If you would like more information about Barclays plc's misconduct, click here .
  • The over-issuance and sale of the unregistered securities was a violation of U.S. securities laws and/or SEC regulations.
  • On this news the price of Barclays ADRs declined $0.41 per ADR, or 5.2%, to close at $7.48 per ADR on July 28, 2022.
  • A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

New Bitwise Web3 ETF (BWEB) Set To Capture One of the Biggest Growth Opportunities in Tech

Retrieved on: 
Tuesday, October 4, 2022

The Bitwise Web3 ETF seeks to capitalize on this great opportunity by offering investors of innovation a straightforward way to access the space.

Key Points: 
  • The Bitwise Web3 ETF seeks to capitalize on this great opportunity by offering investors of innovation a straightforward way to access the space.
  • The Bitwise Web3 ETF tracks the Bitwise Web3 Equities Index, which is rebalanced quarterly.
  • The custodian of the Bitwise Web3 ETF is BNY Mellon, and the funds distributor is Foreside Fund Services, LLC.
  • The Bitwise Web3 Equities Index provides focused exposure to companies whose business models, operations and/or growth prospects are closely linked to the emergence of Web3.

SMBC Appoints Rick Davison as Chief Financial Officer

Retrieved on: 
Tuesday, October 4, 2022

SMBC, a member of SMBC Group, today announced the appointment of Rick Davison as Chief Financial Officer for the Americas.

Key Points: 
  • SMBC, a member of SMBC Group, today announced the appointment of Rick Davison as Chief Financial Officer for the Americas.
  • Hirofumi Otsuka, CEO of SMBC Group in the Americas and President & CEO of SMBC Americas Holdings, Inc., said, Rick brings to SMBC a superior track record of delivering results and creating and enhancing business and shareholder value.
  • Rick will be a strong partner as we execute our strategic plan and improve our operating results to position SMBC for sustainable, long-term growth.
  • Prior to joining SMBC, Rick was the U.S. Chief Financial Officer for the Royal Bank of Canada (RBC), where he was responsible for providing primary oversight in the U.S. on all finance-related areas, including capital adequacy, financial planning, financial and regulatory reporting, and general business advisory.

Barclays plc Equity Alert: Robbins LLP Reminds Shareholders of Lead Plaintiff Deadline in Class Action Against Barclays plc (BCS)

Retrieved on: 
Friday, September 30, 2022

If you would like more information about Barclays plc's misconduct, click here .

Key Points: 
  • If you would like more information about Barclays plc's misconduct, click here .
  • The over-issuance and sale of the unregistered securities was a violation of U.S. securities laws and/or SEC regulations.
  • On this news the price of Barclays ADRs declined $0.41 per ADR, or 5.2%, to close at $7.48 per ADR on July 28, 2022.
  • A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

Wolters Kluwer names Marcelo Amstalden Möller VP, Global Brand & Corporate Marketing Communications

Retrieved on: 
Thursday, September 29, 2022

Alphen aan den Rijn, September 29, 2022 Wolters Kluwer (Euronext: WKL), a leading provider of expert solutions, insights and services for professionals, today announced the appointment of Marcelo Amstalden Mller as Vice President, Global Brand & Corporate Marketing Communications.

Key Points: 
  • Alphen aan den Rijn, September 29, 2022 Wolters Kluwer (Euronext: WKL), a leading provider of expert solutions, insights and services for professionals, today announced the appointment of Marcelo Amstalden Mller as Vice President, Global Brand & Corporate Marketing Communications.
  • "We are very pleased that Marcelo has joined Wolters Kluwer in this newly created role, says Caroline Wouters, SVP and Chief Corporate Brand and Communications Officer.
  • Mr. Mller has a strong track record as an innovative brand professional in large global organizations.
  • I admire Wolters Kluwer for transforming itself and embracing new opportunities like very few other companies can do, says Mr. Mller.

voxeljet AG Announces Proposed Offering of Ordinary Shares

Retrieved on: 
Wednesday, September 28, 2022

This proposed offering is being made pursuant to an effective shelf registration statement on Form F-3 (File No.

Key Points: 
  • This proposed offering is being made pursuant to an effective shelf registration statement on Form F-3 (File No.
  • A prospectus supplement related to the capital increase and the proposed offering will be filed with the SEC and will be available on the SECs website located at www.sec.gov .
  • voxeljet AG cannot provide assurances that the matters described in this press release will be successfully completed or that voxeljet AG will realize the anticipated benefits of any transaction.
  • Forward-looking statements are subject to risks and uncertainties, which are usually difficult to predict and ordinarily not in the domain of influence of voxeljet AG.