Oregon Corporations Division

Fujitsu marks next stage of "Work Life Shift" with new corporate hubs in Tokyo area to boost productivity, data-driven management

Retrieved on: 
Friday, September 22, 2023

To help optimize operations, Fujitsu also plans to further leverage data to visualize employees' working styles, thereby promoting approaches to working that simultaneously meet business and operational objectives.

Key Points: 
  • To help optimize operations, Fujitsu also plans to further leverage data to visualize employees' working styles, thereby promoting approaches to working that simultaneously meet business and operational objectives.
  • To reflect this change, Fujitsu will change the name of these offices to "Fujitsu Technology Park" in April 2024.
  • Project locations for system development spread throughout the Tokyo metropolitan area will be concentrated in Fujitsu Solution Square.
  • Fujitsu anticipates that this will facilitate communication between employees in external shared offices, strengthen team management and stimulate collaboration with other departments.

EQS-News: Austrian Post H1 2023: Revenue and earnings increase in the first half of 2023

Retrieved on: 
Thursday, August 10, 2023

The share of the Mail Division as a proportion of the total revenue generated by Austrian Post in the first half of 2023 amounted to 45.9 %.

Key Points: 
  • The share of the Mail Division as a proportion of the total revenue generated by Austrian Post in the first half of 2023 amounted to 45.9 %.
  • The Retail & Bank Division accounted for 5.9 % of Group revenue or EUR 76.5m in the first half of 2023.
  • In the first half of 2023, Letter Mail & Business Solutions revenue amounted to EUR 378.7m, implying a year-on-year increase of 0.9 %.
  • Nevertheless, Austrian Post still aims to generate earnings (EBIT) in 2023 at the same level as last year.

EQS-News: AUSTRIAN POST: First-quarter revenue and earnings above prior year

Retrieved on: 
Friday, May 12, 2023

The Mail Division reported a revenue increase of 3.3 %, whereas revenue of the Parcel & Logistics Division went up by 15.5 % and the Retail & Bank Division produced a revenue increase of 41.8 %.

Key Points: 
  • The Mail Division reported a revenue increase of 3.3 %, whereas revenue of the Parcel & Logistics Division went up by 15.5 % and the Retail & Bank Division produced a revenue increase of 41.8 %.
  • In the first quarter of 2023, Letter Mail & Business Solutions revenue amounted to EUR 198.2m, implying a year-on-year increase of 5.6 %.
  • International letter mail showed a stable revenue development against the backdrop of a volume decline, whereas the Business Solutions area developed positively.
  • Austrian Post still aims to generate earnings (EBIT) in 2023 at about the same level as last year.

EQS-News: AUSTRIAN POST IN 2022

Retrieved on: 
Thursday, March 16, 2023

3 Free cash flow before acquisitions/securities/money market investments, Growth CAPEX and core banking assets

Key Points: 
  • 3 Free cash flow before acquisitions/securities/money market investments, Growth CAPEX and core banking assets
    The Austrian Post Group’s revenue rose slightly by 0.1 % to EUR 2,522.0m in 2022.
  • Accordingly, 46.9 % of total operating expenses incurred by Austrian Post in 2022 were accounted for staff costs.
  • The Austrian Post Group had an average of 27,132 employees (full-time equivalents) in 2022, compared to an average of 27,275 employees in the same period of the previous year (–0.5 %).
  • On the equity and liabilities side of the balance sheet, the equity of the Austrian Post Group amounted to EUR 710.4m as at 31 December 2022 (equity ratio of 13.2 %).

Hard Rock International Names Anibal Fernandez Senior Vice President of Cafe Division

Retrieved on: 
Wednesday, January 18, 2023

HOLLYWOOD, Fla., Jan. 18, 2023 /PRNewswire/ -- Hard Rock International has appointed Anibal Fernandez as Senior Vice President of the Cafe Division. In his new role, Fernandez's primary responsibilities will include providing strategic direction and leading the Cafe Team, spanning both company-owned and franchised cafe locations. He will report directly to Jim Allen, Chairman and CEO of Hard Rock International and CEO of Seminole Gaming.

Key Points: 
  • HOLLYWOOD, Fla., Jan. 18, 2023 /PRNewswire/ -- Hard Rock International has appointed Anibal Fernandez as Senior Vice President of the Cafe Division.
  • He will report directly to Jim Allen, Chairman and CEO of Hard Rock International and CEO of Seminole Gaming.
  • "Anibal is an essential part of our Hard Rock team with a proven track record for helping Hard Rock Cafes around the world exceed guest expectations," said Jim Allen, Chairman and CEO of Hard Rock International and CEO of Seminole Gaming.
  • "It's with great joy and admiration for my team that I take this next step in my journey with Hard Rock as Cafe Division lead," said Anibal Fernandez, Senior Vice President of Cafe Division for Hard Rock International.

Pacific West Bank (PWBO) Announces the Formation of a Holding Company, Pacific West Bancorp (PWBK)

Retrieved on: 
Thursday, January 5, 2023

PORTLAND, Ore., Jan. 5, 2023 /PRNewswire/ -- Pacific West Bank ("Bank") (OTCPK: PWBO) today announced the formation of a holding company, Pacific West Bancorp, Inc. (OTCPK: PWBK), effective January 1st, 2023.

Key Points: 
  • PORTLAND, Ore., Jan. 5, 2023 /PRNewswire/ -- Pacific West Bank ("Bank") (OTCPK: PWBO) today announced the formation of a holding company, Pacific West Bancorp, Inc. (OTCPK: PWBK), effective January 1st, 2023.
  • Pacific West Bank is now a wholly owned subsidiary of Pacific West Bancorp, a newly formed Oregon Corporation.
  • Each issued and outstanding share of Pacific West Bank common stock held electronically by shareholders, was converted into one common share of Pacific West Bancorp, Inc.
  • The shareholders of issued and outstanding certificated shares of Pacific West Bank will be notified by mail on how to exchange their shares.

EQS-News: Österreichische Post AG: AUSTRIAN POST IN Q1–3 2022: Good quarterly development in a challenging market environment

Retrieved on: 
Friday, November 11, 2022

Direct Mail accounted for 27.0% of the total divisional revenue, and Media Post had a 10.1% share.

Key Points: 
  • Direct Mail accounted for 27.0% of the total divisional revenue, and Media Post had a 10.1% share.
  • Revenue from Media Post, i.e., the delivery of newspapers and magazines, increased by 3.7% from the prior-year period to EUR90.3m.
  • Group EBIT in the first three quarters of 2022 declined from EUR144.0m to EUR125.3m and was impacted by the current challenging market environment.
  • This corresponds to a year-on-year decrease of 27.9% and is primarily attributable to the challenging business environment in the Turkish market.

EQS-News: Austrian Post H1 2022: Q2 trend improvement against challenging market environment

Retrieved on: 
Thursday, August 11, 2022

Direct Mail accounted for 27.0% of total divisional revenue, and Media Post had a 10.4% share.

Key Points: 
  • Direct Mail accounted for 27.0% of total divisional revenue, and Media Post had a 10.4% share.
  • The basic downward volume trend resulting from the substitution of letters by electronic forms of communication continued.
  • Revenue from Media Post, i.e., the delivery of newspapers and magazines, increased by 6.5% from the prior-year period to EUR62.6m.
  • This corresponds to a year-on-year decrease of EUR14.2m and is primarily attributable to the difficult business environment in the Turkish market.

Norton Rose Fulbright adds insurance regulatory and transactions team in New York and Los Angeles

Retrieved on: 
Wednesday, August 10, 2022

Joining from Locke Lord, Romano and Keir will practice in Norton Rose Fulbrights New York office, and Bank and Bottalico will be based in the firms Los Angeles office.

Key Points: 
  • Joining from Locke Lord, Romano and Keir will practice in Norton Rose Fulbrights New York office, and Bank and Bottalico will be based in the firms Los Angeles office.
  • The team joins Norton Rose Fulbrights renowned global insurance practice, with leading practices in the UK, Australia, Singapore and South Africa as well as continental Europe.
  • Global law firm Norton Rose Fulbright provides the worlds preeminent corporations and financial institutions with a full business law service.
  • Norton Rose Fulbright Verein, a Swiss verein, helps coordinate the activities of Norton Rose Fulbright members but does not itself provide legal services to clients.

EQS-News: AUSTRIAN POST IN Q1 2022: Q1 2022 revenue and earnings below prior year as expected

Retrieved on: 
Friday, May 13, 2022

The Mail Division has generated 49.1 % of total Austrian Posts revenue in the first quarter of 2022.

Key Points: 
  • The Mail Division has generated 49.1 % of total Austrian Posts revenue in the first quarter of 2022.
  • The Retail & Bank Division accounted for 4.4 % of divisional revenue in the first three months of 2022, generating revenue of EUR 26.4m (+49.3 %).
  • In the first quarter of 2022, Letter Mail & Business Solutions revenue amounted to EUR 187.6m, implying a year-on-year decrease of 8.7 %.
  • Despite the difficult economic environment, Austrian Post aims to achieve the highest possible level of revenue stability in 2022.