CAPITAL

EQS-News: Continued strong performance in the third quarter of 2023

Retrieved on: 
Wednesday, December 13, 2023
Omicron, D2C, AOP, Growth, Term loan, EBITDA, Movement, Supervisory board, Prognosis, GBP, Cinven, FY, EV, FX, COVID-19 testing, Veterinary medicine, Acquisition, PPT, Stock dilution, COVID-19, CET, Pharmaceutical industry, Beauty salon, Fine chemical, Cryptocurrency, Synnovis, AEBITDA

The third quarter saw revenues of €617 million (Q3 2022: €698 million) including only €4 million from COVID-19 testing (Q3 2022: €102 million).

Key Points: 
  • The third quarter saw revenues of €617 million (Q3 2022: €698 million) including only €4 million from COVID-19 testing (Q3 2022: €102 million).
  • Q3 2023 underlying growth was 5.1% with strong volume growth of 3.5% and price increase of 1.6%.
  • Synnovis, the South East London hospital outsourcing contract grew 14.3% in Q3 2023 and contributed 1.9pts of the overall Q3 2023 underlying growth.
  • €200 million TLA debt was subsequently reimbursed in Q4 2023 following the sale of the Veterinary business at the end of September 2023.

Capital University and Columbus College of Art & Design Partner to Launch Professional Studies and Corporate Training Program

Retrieved on: 
Thursday, November 2, 2023
Knowledge, Faculty, Education, Creative leadership, Columbus State University, History, CCAD, Workplace, Workforce, Society for Human Resource Management, Organization, Law school, MBA, Research, Columbus College of Art and Design, Creativity, Learning, Transport, Capital University, Partnership, HR, Art, Work, Capital University of Economics and Business, Communication, SHRM, Management, Nursing, COLUMBUS

COLUMBUS, Ohio, Nov. 2, 2023 /PRNewswire-PRWeb/ -- Capital University and Columbus College of Art & Design (CCAD) are proud to announce the launch of the Institute for Creative Leadership at Work, a professional development collaboration between the two institutions to cultivate creative leaders for organizational transformation in central Ohio.

Key Points: 
  • COLUMBUS, Ohio, Nov. 2, 2023 /PRNewswire-PRWeb/ -- Capital University and Columbus College of Art & Design (CCAD) are proud to announce the launch of the Institute for Creative Leadership at Work , a professional development collaboration between the two institutions to cultivate creative leaders for organizational transformation in central Ohio.
  • "We understand the needs of our region and look forward to creating highly customized training and professional development opportunities to meet those needs."
  • --Mary Beth Bertrand, Director of the Institute for Creative Leadership at Work
    The Institute will provide custom training and non-degree certificate programs for businesses and individuals.
  • The Institute will offer both corporate training and individual workshops that address topics including leadership development, design thinking, creative problem solving, and diversity, equity, and inclusion.

Salt Lake City Paves the Way as Top Destination for RV Renters with Record-Breaking Bookings on RVshare

Retrieved on: 
Wednesday, November 1, 2023
National park, Bear Lake, Water, Southwestern United States, Moab, Data, Zion National Park, Transport, Travel, Camping, Collection, Wilderness, Self storage, Tunnel, RV

AUSTIN, Texas and AKRON, Ohio, Nov. 1, 2023 /PRNewswire/ -- RVshare, the largest community for RV owners and renters, recently revealed that Salt Lake City has surpassed the highest number of bookings compared to any other U.S. city, followed by Las Vegas and Phoenix. With five national parks and eleven national monuments within the state of Utah alone, it's no wonder that the Capital city makes for a great destination for RV travelers.

Key Points: 
  • With five national parks and eleven national monuments within the state of Utah alone, it's no wonder that the Capital city makes for a great destination for RV travelers.
  • On average, an RV rental in Salt Lake City costs about $1,150 for a five-night trip, which includes transportation and accommodations.
  • During the warmer months, Bear Lake and Great Salt Lake are serene spots for water enthusiasts with plenty of campground options nearby for RV travel.
  • "Salt Lake City is an exceptional destination for RV travelers, both seasoned and new," said RVshare's Travel Expert, Maddi Bourgerie.

Conestoga Capital Advisors LLC Promotes Ted Chang to Partner

Retrieved on: 
Thursday, September 21, 2023
Conestoga, Partnership, University, CFA, Business, MBA, Research, Social Security Government Pension Offset, Committee, USC Marshall School of Business, Investment, Marshall School, Thornburg Investment Management, Inc., University of Southern California academics, Biophysical environment, Entrepreneurship, ESG, Social, Cryptocurrency, Bank

WAYNE, Pa., Sept. 21, 2023 /PRNewswire/ -- Conestoga Capital Advisors, LLC has promoted Ted Chang to Partner.

Key Points: 
  • WAYNE, Pa., Sept. 21, 2023 /PRNewswire/ -- Conestoga Capital Advisors, LLC has promoted Ted Chang to Partner.
  • Prior to Conestoga, Ted was employed by Thornburg Investment Management and 300 North Capital.
  • The Mid Cap Growth strategy has been co-managed by Ted Chang and Derek Johnston since the beginning of 2021.
  • Our Mid Cap Growth strategy is a natural extension of Conestoga's Micro Cap Growth, Small Cap Growth and SMid Cap Growth offerings."

Monumental Sports Network Is Live for the Upcoming 2023-24 NBA and NHL Seasons

Retrieved on: 
Wednesday, September 20, 2023
Media, Sport, Athlete, Wizard, NBC Sports Washington, NBC Sports, Ted Leonsis, MSE

WASHINGTON, Sept. 20, 2023 /PRNewswire/ -- Sports fans across Washington, D.C., Maryland and Virginia have a brand-new way to watch their favorite games, athletes and other exciting content related to their hometown teams.

Key Points: 
  • The linear channel is available at the same channel number where NBC Sports Washington was formerly found via Pay TV providers.
  • Monumental Sports & Entertainment (MSE), the parent company which acquired the network in 2022, announced the rebranding in June of 2023, and it officially takes effect across all channel guides today.
  • "Our fans deserve the best experience possible, so we challenged ourselves to push every standard and deliver an extraordinary media platform.
  • We're excited to begin the network's transformation this month with additional plans to unveil several significant upgrades throughout the course of the Capitals and Wizards regular seasons."

Breakout Capital and 12Five Capital Join Forces to Create a Powerhouse in Small Business Lending

Retrieved on: 
Monday, September 18, 2023
Communication, Small business, Partnership, Culture, Wilson, Ethics, Growth, Bank, Management

CHARLESTON, S.C., Sept. 18, 2023 /PRNewswire/ -- Breakout Capital, a leading fintech company simplifying access to term loans for small businesses, is delighted to announce the successful merger of 12Five Capital, a Chicago-based commercial finance company with a focus on factoring, purchase order financing and asset-based lending. The merger, facilitated by Altriarch Commercial Finance, Inc., the new parent company of both Breakout and 12Five, establishes a strategic alliance with a day-one portfolio exceeding $80 million. The synergistic move unites two enterprises dedicated to addressing the ever-changing needs of small businesses across the United States and sets the stage for further expansion within commercial finance.

Key Points: 
  • Merger Sets the Stage for Streamlined Access to Customized Lending Solutions for Small Business Clients Nationwide.
  • This strategic alliance aims to establish a comprehensive suite of specialized financial products designed to address the unique challenges that small business owners face.
  • "At the core of our mission lies a pledge to always put our clients first," said McLean Wilson, CEO and President of Breakout Capital.
  • When I founded 12Five, my vision was to provide essential capital to underserved businesses and be their first choice, not the last.

BCUC Completes Stage 1 of Generic Cost of Capital Proceeding

Retrieved on: 
Wednesday, September 6, 2023
Stage 2, FBC, BCUC, FEI, Public utility

To determine the allowed return on equity, the BCUC used multiple financial models and considered the most recent market data examined in the proceeding.

Key Points: 
  • To determine the allowed return on equity, the BCUC used multiple financial models and considered the most recent market data examined in the proceeding.
  • Current rates for the utilities were approved on an interim basis, pending the outcome of Stage 1 of this Generic Cost of Capital proceeding.
  • The proceeding will now move onto Stage 2, which will determine the cost of capital for other utilities in BC.
  • In January 2021, the BCUC established an open and transparent public proceeding to review the Generic Cost of Capital for public utilities as there have been changes in the financial markets since the BCUC’s last review in 2016.

Nielsen's Gracenote Fuels Prisma Media's Streaming Ambitions in France

Retrieved on: 
Tuesday, September 5, 2023
Amazon Prime Video, IBC, Metadata, Music, Catalog, Business, OTT, Multimedia, Prisma, Marketing, Voici, Vivendi, GEO, Femme Actuelle, Love, Gracenote, Sport, Comparison of multi-paradigm programming languages, IDS, Division of Program Coordination, Planning, and Strategic Initiatives, Netflix, SVOD, Video game, Publishing, Nielsen

PARIS, Sept. 5, 2023 /PRNewswire/ -- Gracenote, the content solutions business unit of Nielsen, is helping Prisma Media, the leading French digital and magazine publisher group owned by Vivendi, transform its Télé-Loisirs offerings into go-to resources for what to watch on France's most popular streaming video platforms. By providing comprehensive information and rich imagery for major Subscription Video On Demand (SVOD) catalog programming including Amazon Prime Video, Canal+, Disney+, Netflix and Paramount+, Gracenote is elevating the Télé-Loisirs website and mobile app to the next level.

Key Points: 
  • Prisma's Télé-Loisirs products now deliver more visually-driven navigation, more powerful search capabilities and more personalized program recommendations based on the integration of the Gracenote Streaming Video Catalogs data offering.
  • "Prisma Media has long been a primary resource for viewers on linear TV program information in France but they saw an opportunity to capitalize on the rise of streaming," said Vikram Kulkarni, VP, Strategic Initiatives, EMEA at Gracenote.
  • "We're delighted to be working with Gracenote, and we believe the new collaboration will enable us to reinforce our position as leader in entertainment content in France."
  • Prisma Media is the leading print and digital content publisher in France whose portfolio of recognizable brands includes Femme Actuelle, GEO, Capital, Voici and Télé-Loisirs.

Oak Valley Community Bank Announces Commercial Banking Officer Hiring

Retrieved on: 
Friday, September 1, 2023
University of California, Davis, University, ALI, ACRE, California State University, UC Davis Graduate School of Management, Commercial property, Golf, Alumni association, Commercial bank, Business administration, UC, Jeanette, Community Bank, Growth, Manning, Pacific coast, Bank, Sacramento metropolitan area, Eastern Sierra

OAKDALE, Calif., Sept. 01, 2023 (GLOBE NEWSWIRE) -- Oak Valley Community Bank, a wholly-owned subsidiary of Oak Valley Bancorp (NASDAQ: OVLY), announced that Eric J. Manning has joined the bank as Vice President, Commercial Banking Officer.

Key Points: 
  • OAKDALE, Calif., Sept. 01, 2023 (GLOBE NEWSWIRE) -- Oak Valley Community Bank, a wholly-owned subsidiary of Oak Valley Bancorp (NASDAQ: OVLY), announced that Eric J. Manning has joined the bank as Vice President, Commercial Banking Officer.
  • Manning brings over 20 years of Sacramento focused commercial banking experience to his new role, the last ten as a Senior Relationship Manager.
  • “We are excited to have Eric on board,” said Gary Stephens, EVP Commercial Banking Group.
  • Oak Valley Bancorp operates Oak Valley Community Bank & their Eastern Sierra Community Bank division, through which it offers a variety of loan and deposit products to individuals and small businesses.

EQS-News: PlusPlus does not reach quorum in Bondholders’ Meeting

Retrieved on: 
Wednesday, August 30, 2023
Security (finance)

Tallinn, Estonia, 30 August 2023.

Key Points: 
  • Tallinn, Estonia, 30 August 2023.
  • PlusPlus Capital ("PPC"), a leading Pan-Baltic and Finnish technology-driven receivables management group, has not reached the required participation quorum on yesterday’s Bondholders’ Meeting to resolve a temporary standstill agreement on the outstanding coupon payment of its EUR 2022/2026 bond.
  • The Company intends to meet its interest payment obligations by means of a share issue, the subscription period for which runs until 29 September 2023.
  • PlusPlus Capital will provide information on the next steps in due course.