S.A

Inari Medical Reports Third Quarter 2023 Financial Results

Retrieved on: 
Wednesday, November 1, 2023
Chin Na, Chronic limb threatening ischemia, CLTI, Organization, Acquisition, Research, Inari, S.A, Investment, Patient, VTE, Reinsurance, Pharmaceutical industry, Video game

IRVINE, Calif., Nov. 01, 2023 (GLOBE NEWSWIRE) -- Inari Medical, Inc. (NASDAQ: NARI) (“Inari”), a medical device company with a mission to treat and transform the lives of patients suffering from venous and other diseases, today reported financial results for its third quarter ended September 30, 2023.

Key Points: 
  • IRVINE, Calif., Nov. 01, 2023 (GLOBE NEWSWIRE) -- Inari Medical, Inc. (NASDAQ: NARI) (“Inari”), a medical device company with a mission to treat and transform the lives of patients suffering from venous and other diseases, today reported financial results for its third quarter ended September 30, 2023.
  • “Our robust third quarter performance was driven by strong underlying procedural growth and crisp execution across all our growth drivers,” said Drew Hykes, CEO of Inari Medical.
  • Operating expenses for the third quarter of 2023 were $109.8 million, compared to $94.9 million for the third quarter of 2022.
  • Inari Medical will host a conference call to discuss the third quarter 2023 financial results and acquisition of LimFlow after market close on Wednesday, November 1, 2023 at 1:30 p.m. Pacific Time / 4:30 p.m. Eastern Time.

Inari Medical Expands Its Patient-Focused Mission with Agreement to Acquire LimFlow

Retrieved on: 
Wednesday, November 1, 2023
FDA, Peripheral artery disease, Artery, Education, Chin Na, Chronic limb threatening ischemia, Mortality, Vein, CLTI, Conference, Acquisition, Foot, Quality of life, Leg, Growth, Disease, Risk, The New England Journal of Medicine, Latham & Watkins, Hand, S.A, Safety, Amputation, Patient, VTE, BofA Securities, Pharmaceutical industry, Nursing, Retail

IRVINE, Calif., Nov. 01, 2023 (GLOBE NEWSWIRE) -- Inari Medical, Inc. (NASDAQ: NARI) (“Inari”), a medical device company with a mission to treat and transform the lives of patients suffering from venous and other diseases, today announced that it has entered into a definitive agreement to acquire LimFlow, S.A., a privately held pioneer in limb salvage for patients with chronic limb-threatening ischemia (CLTI). Under the terms of the agreement, Inari will pay $250 million in cash at closing and LimFlow will be eligible to receive additional cash payments based on certain commercial and reimbursement milestones. The transaction is expected to close in the fourth quarter of 2023.

Key Points: 
  • Under the terms of the agreement, Inari will pay $250 million in cash at closing and LimFlow will be eligible to receive additional cash payments based on certain commercial and reimbursement milestones.
  • LimFlow has already trained and deployed an initial team of sales representatives in targeted U.S. markets who are executing the launch of the LimFlow therapy.
  • Inari anticipates continuing to expand this team as a focused, dedicated sales force separate from Inari’s existing VTE sales organization.
  • Inari plans to leverage these same capabilities to successfully commercialize the LimFlow System in the United States.

AM Best Withdraws Credit Ratings of Afianzadora G&T S.A.

Retrieved on: 
Friday, November 3, 2023
Insurance, Professional Services, AM Best, Credit, News, AM, Risk management, ALL, AG, S.A

The outlook of these Credit Ratings (ratings) is stable.

Key Points: 
  • The outlook of these Credit Ratings (ratings) is stable.
  • Concurrently, AM Best has withdrawn these ratings as a result of Afianzadora G&T, S.A. being dissolved when it merged with Seguros G&T, S.A., the latter being the absorbing entity.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best’s Credit Ratings .
  • For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments .

Tenaris announces new central securities depository and ISIN code

Retrieved on: 
Monday, October 23, 2023
Banque Internationale à Luxembourg, NYSE, BNP, ISIN, CSD, TEN, EXM, S.A, ADR, BIL, Security (finance)

BIL will also continue to act as Tenaris’s paying agent and registrar for its registered shares.

Key Points: 
  • BIL will also continue to act as Tenaris’s paying agent and registrar for its registered shares.
  • Consequently, the shares' ISIN code will change as follows:
    Last trading day with current ISIN code: October 30, 2023
    First trading day with new ISIN code: October 31, 2023
    On October 31, 2023, each share with the current ISIN will be exchanged against one share with the new ISIN.
  • Neither the change of issuer CSD nor the change in the ISIN code will have any impact on the listing terms or the rights attached to Tenaris’s shares or ADRs.
  • Tenaris is a leading global supplier of steel tubes and related services for the world’s energy industry and certain other industrial applications.

AM Best Revises Issuer Credit Rating Outlook to Stable for Bupa Insurance Company

Retrieved on: 
Thursday, October 19, 2023
Professional Services, Insurance, Finance, Sale, Good, AM Best, Credit, Pressure, BIC, News, United, AM, FSR, Risk management, S.A, BUPA, ALL

AM Best has revised the outlook for the Long-Term Issuer Credit Rating (Long-Term ICR) to stable from negative and affirmed the Financial Strength Rating (FSR) of B++ (Good) and the Long-Term ICR of “bbb+” (Good) of Bupa Insurance Company (BIC) (Palmetto Bay, FL).

Key Points: 
  • AM Best has revised the outlook for the Long-Term Issuer Credit Rating (Long-Term ICR) to stable from negative and affirmed the Financial Strength Rating (FSR) of B++ (Good) and the Long-Term ICR of “bbb+” (Good) of Bupa Insurance Company (BIC) (Palmetto Bay, FL).
  • Additionally, the company benefits from the implicit and explicit support of its ultimate parent organization, The British United Provident Association Limited (BUPA).
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings .
  • AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry.

AM Best Affirms Credit Ratings of MAPFRE Fianzas, S.A.

Retrieved on: 
Wednesday, October 18, 2023
Insurance, Professional Services, AM Best, Credit, News, Acquisition, AM, Growth, Risk management, MF, Perception, ALL, MAPFRE, S.A

The outlook of these Credit Ratings (ratings) is stable.

Key Points: 
  • The outlook of these Credit Ratings (ratings) is stable.
  • MF’s ratings reflect its strategic importance to and alignment with MAPFRE Internacional S.A., as well as the synergies and operating efficiencies derived from being a group member of MAPFRE S.A., the leading insurer in Spain.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best’s Credit Ratings .
  • For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments .

The Inner Circle Acknowledges, Sally A. Campbell as a Pinnacle Life Member for her contributions to the field of Air Pollution

Retrieved on: 
Friday, October 20, 2023
Knowledge, Phi Beta Kappa, Martin Marietta Materials, Carey Business School, American Institute, Dartmouth College, Air & Waste Management Association, Education, History of the University of Maryland, College Park, Johns Hopkins University, ASTM International, Lockheed Martin, Air pollution, Racism, Commerce, University of the District of Columbia, Organization, Master, Bachelor, Wellesley College, American Chemical Society, American Association for Laboratory Animal Science, American Physical Society, Inner circle, Atmosphere of Earth, University, Chemistry, S.A, REST, Social change, Harvard University, Nursing, Management, Physical chemistry, Philosophy

TRAVELERS REST, S.C., Oct. 20, 2023 /PRNewswire/ -- Prominently featured in The Inner Circle, Sally A. Campbell is acknowledged as a Pinnacle Life Member for her contributions to the field of Air Pollution.

Key Points: 
  • TRAVELERS REST, S.C., Oct. 20, 2023 /PRNewswire/ -- Prominently featured in The Inner Circle, Sally A. Campbell is acknowledged as a Pinnacle Life Member for her contributions to the field of Air Pollution.
  • Dr. Campbell attended Wellesley College in 1964 where she earned a Bachelor's degree in Physical Chemistry.
  • The doctor entered the field in 1979 as the technical director of atmospheric services with the Martin Marietta Corporation, now Lockheed Martin Corporation, and Martin Marietta Materials.
  • A recognized leader, Dr. Campbell is president of S.A. Campbell and provides air quality analysis for Industrial sites throughout the United States helping them solve problems and acquire air mission permits.

SuanNutra, Inc. Launches in US

Retrieved on: 
Wednesday, October 18, 2023
Innova, NIA, Herbal, Health, FAIR, Dietary supplement, Growth, SSW, National Organic Program, Sleep, FFL, Nightclub, S.A

This strategic move strengthens the company's commitment to the American market and will bring enhanced focus and solutions to customers.

Key Points: 
  • This strategic move strengthens the company's commitment to the American market and will bring enhanced focus and solutions to customers.
  • "With SuanNutra, we are better positioned to meet our customers' needs, offering them access to the finest ingredients and expertise," says Anthony Weston, SuanNutra's CEO.
  • " The company's team will showcase SuanNutra's extensive portfolio of functional and innovative branded Ingredients on October 23 to 27 at SupplySide West, Las Vegas, booth #3053.
  • In the same period, North America stood as the second-largest region for supplement launches, capturing a 32% share of the global market.

Endeavour Silver Closes US$120 Million Project Loan Debt Facility to Advance the Development of Terronera

Retrieved on: 
Tuesday, October 10, 2023
Mining, Debt, Partnership, Société Générale, NYSE, TSX, S.A, Letter, EDR, Gold, Silver, Cost, ING, News, BANK, Line, Mexican peso, Security (finance), Bank, Endeavour

Proceeds from the Debt Facility will be used towards construction of the underground mine and mill at the Company’s Terronera Project in Jalisco state, Mexico.

Key Points: 
  • Proceeds from the Debt Facility will be used towards construction of the underground mine and mill at the Company’s Terronera Project in Jalisco state, Mexico.
  • Cash sweep will be applied to 35% of excess cash flow after debt service from completion onwards until $35 million of loan principal has been prepaid.
  • Financial Covenants - The Debt Facility is subject to certain customary conditions precedent and debt servicing covenants.
  • The Debt Facility is secured through corporate guarantees from Endeavour and certain Endeavour subsidiaries and a first ranking security interest over the Terronera project.

AM Best Affirms Credit Ratings of BUPA México, Compañía de Seguros, S.A. de C.V.

Retrieved on: 
Thursday, October 12, 2023
Banking, Professional Services, Insurance, Finance, AM Best, United, S.A, Credit, Risk management, Capital adequacy ratio, Risk, Marginal, AM, Good, News, MXN, ALL, BUPA, Bupa

The ratings reflect Bupa Mexico’s balance sheet strength, which AM Best assesses as weak, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management.

Key Points: 
  • The ratings reflect Bupa Mexico’s balance sheet strength, which AM Best assesses as weak, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best’s Credit Ratings .
  • For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments .
  • AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry.