Finance

SHAREHOLDER INVESTIGATION: Halper Sadeh LLP Investigates Whether The Sale Of These Companies Is Fair To Shareholders – INST, AKS, BOLD, SORL

Tuesday, December 10, 2019 - 4:51pm

If you are an Instructure shareholder and would like to learn more about your legal rights and options, please visit: https://halpersadeh.com/actions/instructure-inc-inst-stock-merger-thoma-bravo .

Key Points: 
  • If you are an Instructure shareholder and would like to learn more about your legal rights and options, please visit: https://halpersadeh.com/actions/instructure-inc-inst-stock-merger-thoma-bravo .
  • If you are an AK Steel shareholder and would like to learn more about your legal rights and options, please visit: https://halpersadeh.com/actions/ak-steel-holding-corporation-aks-stock-merger-cliffs/ .
  • On behalf of shareholders of these companies, Halper Sadeh LLP may seek increased consideration, additional disclosures and information concerning the proposed transaction, or other relief and benefits.
  • Halper Sadeh LLP represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.

SHAREHOLDER INVESTIGATION: Halper Sadeh LLP Investigates Whether The Sale Of These Companies Is Fair To Shareholders – AYR, WMGI, IBKC, PEGI

Tuesday, December 10, 2019 - 4:43pm

If you are an Aircastle shareholder and would like to learn more about your legal rights and options, please visit: https://halpersadeh.com/actions/aircastle-limited-ayr-stock-merger-marubeni-mizuho/ .

Key Points: 
  • If you are an Aircastle shareholder and would like to learn more about your legal rights and options, please visit: https://halpersadeh.com/actions/aircastle-limited-ayr-stock-merger-marubeni-mizuho/ .
  • If you are a Wright Medical shareholder and would like to learn more about your legal rights and options, please visit: https://halpersadeh.com/actions/wright-medical-group-nv-stock-merger-stryker-corporation/ .
  • On behalf of shareholders of these companies, Halper Sadeh LLP may seek increased consideration, additional disclosures and information concerning the proposed transaction, or other relief and benefits.
  • Halper Sadeh LLP represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.

Everi Announces the Completion of its Common Stock Offering

Tuesday, December 10, 2019 - 4:45pm

The Company also granted the underwriters a 30-day option to purchase up to an additional 1,500,000 shares of the Companys common stock at the public offering price, which the underwriters exercised in full.

Key Points: 
  • The Company also granted the underwriters a 30-day option to purchase up to an additional 1,500,000 shares of the Companys common stock at the public offering price, which the underwriters exercised in full.
  • Total net proceeds for the Offering were approximately $123,000,000, after underwriting discounts but before estimated offering expenses payable by the Company.
  • Everi is a leading supplier of imaginative entertainment and trusted technology solutions for the casino, interactive, and gaming industry.
  • Everi provides these products and services in its effort to help make customers successful.

Solutions 30 : Exercise of stock-options

Tuesday, December 10, 2019 - 5:00pm

SOLUTIONS 30 announces the issue of 3,070,592 new shares (corresponding to 3% of its outstanding share capital), resulting from the exercise of the stock options, which were granted in October 2018, in line with the pluriannual plan set for the Group Management Board in 2016.

Key Points: 
  • SOLUTIONS 30 announces the issue of 3,070,592 new shares (corresponding to 3% of its outstanding share capital), resulting from the exercise of the stock options, which were granted in October 2018, in line with the pluriannual plan set for the Group Management Board in 2016.
  • This plan is now closed, and all stock-options which were issued by the Group under this plan have been exercised.
  • Following the exercise of options and the recent management share transactions, the management now holds 23.6% of the capital and voting rights, compared to 23.0% as at 31 October 2019.
  • The Solutions30 Group is the European leader in solutions for new technologies.

Alliant Adds Los Angeles-Based Jennifer Blair to West Coast Benefits Team

Tuesday, December 10, 2019 - 4:50pm

Alliant has added Los Angeles-based Jennifer Blair to its West Coast Employee Benefits team.

Key Points: 
  • Alliant has added Los Angeles-based Jennifer Blair to its West Coast Employee Benefits team.
  • Her arrival further expands the reach and service profile of our West Coast operation.
  • Blair joins Alliant with a multifaceted background that includes employee benefits, human resources, HR tech, and payroll.
  • Prior to joining Alliant, Blair was Vice President with a Southern California-based insurance and employee benefits consulting firm.

Ubiquity Completes Investment in San Diego’s First-Ever, Open-Access Fiber Network

Tuesday, December 10, 2019 - 4:42pm

Ubiquity is working with Netly to bring a city-wide, open-access fiber network to Solana Beach, CA and surrounding areas.

Key Points: 
  • Ubiquity is working with Netly to bring a city-wide, open-access fiber network to Solana Beach, CA and surrounding areas.
  • Ubiquitys goal is to invest in communications infrastructure that empowers communities for the future, said Ajay Ghanekar, Managing Partner of Ubiquity.
  • The open-access network is designed to accommodate all current and future fiber uses, including long-term contracts with: mobile carriers, government entities, utilities, edge computing and other broadband providers.
  • Ubiquity is a private infrastructure investment platform that seeks to invest, develop and manage critical communications infrastructure throughout the United States.

Monument Re Acquires Cattolica Life from Cattolica Assicurazioni

Tuesday, December 10, 2019 - 4:40pm

Monument Re announced today that, subject to regulatory approval, it has acquired Cattolica Life DAC from Cattolica Assicurazioni.

Key Points: 
  • Monument Re announced today that, subject to regulatory approval, it has acquired Cattolica Life DAC from Cattolica Assicurazioni.
  • Cattolica Life is a life insurer domiciled in Ireland which ceased new activity since 2017.
  • The transaction will have no impact on Cattolica Life DAC clients and policyholders.
  • Monument Re is a life Reinsurance and Insurance Holding Company with presence in Bermuda, Ireland, Belgium, Luxembourg, the Netherlands and Guernsey and branches in Spain, Italy, France and Germany.

Perficient to Discuss Real-World AI Applications for the Financial Services Industry at AI Summit New York

Tuesday, December 10, 2019 - 4:33pm

Emerging technologies like AI lend themselves to a perception that they can solve complex, challenging business issues in a very short time frame, said Christine Livingston, Chief Strategist of AI, Perficient.

Key Points: 
  • Emerging technologies like AI lend themselves to a perception that they can solve complex, challenging business issues in a very short time frame, said Christine Livingston, Chief Strategist of AI, Perficient.
  • Perficient helps companies align their AI investment with scalable use cases by establishing strategies that incorporate centers of excellence (CoE) structures and capability maps.
  • Livingston will discuss the successful AI implementation during AI Summit New York.
  • For more information about Perficients expertise in AI and the financial services industry, subscribe to Perficients blog, or follow us on Twitter and LinkedIn .

AM Best’s Interactive Webinar Highlights Posted for “Developing Innovative Solutions: Addressing the Trends of Tomorrow Today”

Tuesday, December 10, 2019 - 4:20pm

Viewers can access highlights from an AM Best webinar sponsored by Munich Reinsurance America, Inc., to learn why developing innovative products and solutions, which address tomorrows trends, can be a smart business strategy.

Key Points: 
  • Viewers can access highlights from an AM Best webinar sponsored by Munich Reinsurance America, Inc., to learn why developing innovative products and solutions, which address tomorrows trends, can be a smart business strategy.
  • The webinar was compiled into the following stand-alone segments:
    For Catastrophes, Frequency is Becoming a Bigger Issue.
  • Beyond Speed Versus Precision: The Two Measures are Moving Closer.
  • AM Best is a global credit rating agency, news publisher and data provider specializing in the insurance industry.

AXA XL adds to environmental insurance team in New York

Tuesday, December 10, 2019 - 2:49pm

NEW YORK, Dec. 10, 2019 /PRNewswire/ -- AXA XL has welcomed Senior Underwriters Odette Novoa and Erica Delaney to its Environmental insurance team in New York.

Key Points: 
  • NEW YORK, Dec. 10, 2019 /PRNewswire/ -- AXA XL has welcomed Senior Underwriters Odette Novoa and Erica Delaney to its Environmental insurance team in New York.
  • Both have joined AXA XL's Northeast regional environmental underwriting team and report to Hiral Shah, Head of Environmental, East Region.
  • According to Ms. Shah, "Environmental insurance has become more of a staple in businesses' insurance portfolios.
  • AXA XL's Environmental insurance business helped build today's environmental insurance market.