Finance

The Tel-Aviv Stock Exchange Reports The Results Of The Financial Statements For The Third Quarter Of 2020

Tuesday, November 24, 2020 - 5:00pm

All this is achieved alongside the ongoing capital raising by the government and successful debt raising during the quarter."

Key Points: 
  • All this is achieved alongside the ongoing capital raising by the government and successful debt raising during the quarter."
  • The Tel-Aviv Stock Exchange (TASE: TASE) today announced its financial results for the third quarter and the first nine months ended September 30, 2020:
    The revenue in the third quarter of 2020 totaled approximately NIS 72 million, compared to approximately NIS 66 million in the corresponding quarter last year a 9% increase.
  • Adjusted EBITDA as a percentage of total revenue from services in the third quarter of 2020 was 26.8%, compared to 25.8% in the corresponding quarter last year.
  • This notification does not supersede the stated in the periodic financial statements of the Company for the third quarter of 2020, which contain the full and accurate information.

Paper City Savings positions itself as a full-service community bank with Finastra's Fusion Phoenix core and Fusion Digital Banking

Tuesday, November 24, 2020 - 4:41pm

A modern core, fully integrated with a robust suite of banking solutions, will enable Paper City Savings to expand its commercial banking business

Key Points: 
  • A modern core, fully integrated with a robust suite of banking solutions, will enable Paper City Savings to expand its commercial banking business
    LAKE MARY, Fla., Nov. 24, 2020 /PRNewswire/ -- Finastra today announced that Paper City Savings is live on the Fusion Phoenix core, Fusion Digital Banking , as well as solutions for payments, lending and mortgage.
  • Through upgrading to Finastra's flagship open core processing platform and digital banking offering, the bank has transformed into a full-service community bank, positioned for future growth, with an eye on expanding its commercial banking business.
  • Through the upgraded core and digital banking platforms, the bank is improving its self-service channels and streamlining its lending and mortgage capabilities (through Fusion LaserPro and Fusion Mortgagebot ) to process loans much faster.
  • "With our Fusion Phoenix core, Paper City Savings will have a total view of the customer based on data from across silos, including retail, commercial deposits, and loan servicing, all within a single database."

Paper City Savings positions itself as a full-service community bank with Finastra's Fusion Phoenix core and Fusion Digital Banking

Tuesday, November 24, 2020 - 4:38pm

LAKE MARY, Fla., Nov. 24, 2020 /PRNewswire/ -- Finastra today announced that Paper City Savings is live on the Fusion Phoenix core, Fusion Digital Banking , as well as solutions for payments, lending and mortgage.

Key Points: 
  • LAKE MARY, Fla., Nov. 24, 2020 /PRNewswire/ -- Finastra today announced that Paper City Savings is live on the Fusion Phoenix core, Fusion Digital Banking , as well as solutions for payments, lending and mortgage.
  • Through upgrading to Finastra's flagship open core processing platform and digital banking offering, the bank has transformed into a full-service community bank, positioned for future growth, with an eye on expanding its commercial banking business.
  • "With the addition of the Fusion Phoenix core and Fusion Digital Banking, which fully integrate with our existing payments and lending solutions from Finastra, we expect to see improved efficiencies that enable us to better serve our existing customers while expanding our commercial business," said Tina Bartram, Operations Officer, Paper City Savings.
  • Through the upgraded core and digital banking platforms, the bank is improving its self-service channels and streamlining its lending and mortgage capabilities (through Fusion LaserPro and Fusion Mortgagebot ) to process loans much faster.

MeridianLink's LendingQB Mortgage SaaS Browser-based LOS Announces Successful Third Quarter in New Client Contracts

Tuesday, November 24, 2020 - 4:44pm

The LendingQB browser-based, SaaS loan origination platform empowers lenders to surpass their goals by streamlining the mortgage lending process and delivering a world-class user experience.

Key Points: 
  • The LendingQB browser-based, SaaS loan origination platform empowers lenders to surpass their goals by streamlining the mortgage lending process and delivering a world-class user experience.
  • Regarding loan volume and new customer wins, LendingQB experienced tremendous growth in the third quarter of 2020, surpassing previous quarters.
  • More and more credit unions are choosing LendingQB as their mortgage loan origination platform than ever before.
  • AmeriCU Credit Union selected LendingQB to enable their organization to compete with the perceived "best" mortgage lenders around.

MarketAxess to Participate in the Nasdaq 43rd Virtual Investor Conference

Tuesday, November 24, 2020 - 5:00pm

NEW YORK, Nov. 24, 2020 (GLOBE NEWSWIRE) -- MarketAxess Holdings Inc. (Nasdaq: MKTX), the operator of a leading electronic trading platform for fixed-income securities, and the provider of market data and post-trade services for the global fixed-income markets, today announced that Tony DeLise, CFO, is scheduled to speak at the Nasdaq 43rd Virtual Investor Conference at 12:00 p.m. EST on December 1, 2020.

Key Points: 
  • NEW YORK, Nov. 24, 2020 (GLOBE NEWSWIRE) -- MarketAxess Holdings Inc. (Nasdaq: MKTX), the operator of a leading electronic trading platform for fixed-income securities, and the provider of market data and post-trade services for the global fixed-income markets, today announced that Tony DeLise, CFO, is scheduled to speak at the Nasdaq 43rd Virtual Investor Conference at 12:00 p.m. EST on December 1, 2020.
  • A global network of over 1,700 firms, including the worlds leading asset managers and institutional broker-dealers, leverages MarketAxess patented trading technology to efficiently trade bonds.
  • Drawing on its deep data and analytical resources, MarketAxess provides automated trading solutions, market data products and a range of pre- and post-trade services.
  • MarketAxess is headquartered in New York and has offices in London, Amsterdam, Boston, Chicago, Los Angeles, Miami, San Francisco, So Paulo, Hong Kong and Singapore.

RETA: Zhang Investor Law Alerts Investors to Deadline in Securities Class Action Lawsuit Against  Reata Pharmaceuticals, Inc. – RETA

Tuesday, November 24, 2020 - 5:00pm

NEW YORK, Nov. 24, 2020 (GLOBE NEWSWIRE) -- Zhang Investor Law announces a class action lawsuit on behalf of shareholders who bought shares of Reata Pharmaceuticals, Inc. (NASDAQ: RETA) between October 15, 2019 and August 7, 2020, inclusive (the Class Period).

Key Points: 
  • NEW YORK, Nov. 24, 2020 (GLOBE NEWSWIRE) -- Zhang Investor Law announces a class action lawsuit on behalf of shareholders who bought shares of Reata Pharmaceuticals, Inc. (NASDAQ: RETA) between October 15, 2019 and August 7, 2020, inclusive (the Class Period).
  • To join the class action, go to http://zhanginvestorlaw.com/join-action-form/?slug=reata-pharmaceuticals... or call Sophie Zhang, Esq.
  • toll-free at 800-991-3756 or email info@zhanginvestorlaw.com for information on the class action.
  • If you wish to serve as lead plaintiff, you must move the Court before December 14, 2020 DEADLINE.

Oragenics Announces Closing of $6.0 Million Underwritten Public Offering

Tuesday, November 24, 2020 - 4:37pm

Oragenics, Inc. (NYSE American: OGEN) (Oragenics or the Company) a company focused on the creation of the Terra CoV-2 vaccine candidate to combat the novel coronavirus pandemic, today announced, the closing of its previously announced underwritten public offering of 14,189,189 shares of common stock at a price to the public of $0.37 per share.

Key Points: 
  • Oragenics, Inc. (NYSE American: OGEN) (Oragenics or the Company) a company focused on the creation of the Terra CoV-2 vaccine candidate to combat the novel coronavirus pandemic, today announced, the closing of its previously announced underwritten public offering of 14,189,189 shares of common stock at a price to the public of $0.37 per share.
  • Oragenics expects to receive gross proceeds of approximately $6.0 million from the offering.
  • The Company granted the underwriter a 45-day option to purchase up to 2,128,378 additional shares of common stock at the public offering price, less underwriting discounts and commissions.
  • The underwriter exercised its option in full to purchase 2,128,378 additional shares of common stock, which the indicated gross proceeds reflect.

Subversive Capital Acquisition Corp., the Largest Cannabis SPAC in History, Announces Transaction with Shawn “JAY-Z” Carter, Roc Nation, Caliva and Left Coast Ventures

Tuesday, November 24, 2020 - 4:14pm

Investors in the private placement commitments received to date include Fireman Capital Partners, Tuatara Capital, and Subversive Capital, the largest investors in Caliva and Left Coast Ventures, as well as Roc Nation artists Rihanna, Yo Gotti, and Meek Mill.

Key Points: 
  • Investors in the private placement commitments received to date include Fireman Capital Partners, Tuatara Capital, and Subversive Capital, the largest investors in Caliva and Left Coast Ventures, as well as Roc Nation artists Rihanna, Yo Gotti, and Meek Mill.
  • Chris Akelman, Partner at Fireman Capital Partners (FCP), said: Caliva and Left Coast Ventures are two proven cannabis operators, and California is an incredible market with a huge opportunity for consolidation.
  • Im proud of FCP's role and confident that The Parent Company will go on to build industry-leading brands in the cannabis space.
  • Caliva and Left Coast Ventures expect combined pro forma revenues of $185 million in 2020 and $334 million in 2021.

HGP to Partner with SDSU to Conduct Online Auction Featuring Select Assets from SDCCU Stadium

Tuesday, November 24, 2020 - 4:00pm

Heritage Global Partners (HGP), a worldwide leader in asset advisory and auction services, and a subsidiary of Heritage Global Inc. (NASDAQ: HGBL), today announced it will be conducting an online auction featuring select assets from the iconic SDCCU stadium located in San Diego, California.

Key Points: 
  • Heritage Global Partners (HGP), a worldwide leader in asset advisory and auction services, and a subsidiary of Heritage Global Inc. (NASDAQ: HGBL), today announced it will be conducting an online auction featuring select assets from the iconic SDCCU stadium located in San Diego, California.
  • Between the Chargers, Padres, and Aztecs, as well as Super Bowls, Bowl Games and concerts, this stadium has had a plethora of memorable moments.
  • The online auction will open on December 14, 2020 and will close December 16, 2020.
  • As a San Diego based company, its an honor to play a role in the final chapter of SDCCU stadium.

USA Technologies Elyssa Steiner to Speak at madconNYC Digital Marketing Summit

Tuesday, November 24, 2020 - 4:15pm

(NASDAQ: USAT) (USAT or the Company), a cashless payments and software services company that provides end-to-end technology solutions for the self-service retail market today announced its participation in the madconNYC Digital Marketing Summit.

Key Points: 
  • (NASDAQ: USAT) (USAT or the Company), a cashless payments and software services company that provides end-to-end technology solutions for the self-service retail market today announced its participation in the madconNYC Digital Marketing Summit.
  • Elyssa Steiner, USATs vice president of Marketing will be a featured speaker on the Whats Working in Content Now panel, which takes place virtually on December 1, 2020 at 12 PM ET.
  • Panelists include: Gary J. Nix, founder and chief strategist, BRANDarchist; Shachar Orren, chief marketing officer, EX.CO; and Joel Montagne, founder and CEO, Trivver.
  • The madconNYC Digital Marketing Summit is a unique event for brand marketers who want to learn about the latest tools, technologies, and trends that they can use to more effectively reach their target audience members and promote their business or products.