Insurance

Autoliv uses HERE to analyze driving behavior

Thursday, October 21, 2021 - 9:00am

World's largest automotive safety supplier uses HERE location data to enhance its Safety Score, a driving behavior analysis tool for fleet managers and insurers.

Key Points: 
  • World's largest automotive safety supplier uses HERE location data to enhance its Safety Score, a driving behavior analysis tool for fleet managers and insurers.
  • The company is now developing Connected Safety Services, which aim to tackle another crucial factor for road fatalities: driving behavior.
  • With Autoliv Driver Safety Score software, real-time data from the drivers smart phone is used to analyze driving styles and recommend improvements in four key areas: speed, focus, smoothness and turns.
  • Autoliv Driver Safety Score software can be used by fleet managers and insurance companies to offer lower premiums through reductions in risky driving behavior.

DBRS Morningstar: Italy's Recovery Plan Expected To Improve Human Capital

Thursday, October 21, 2021 - 8:45am

Strengthening human capital is one of the key factors underpinning an improvement in Italy's economic outlook.

Key Points: 
  • Strengthening human capital is one of the key factors underpinning an improvement in Italy's economic outlook.
  • This expenditure, including the reforms attached, will likely have a direct and indirect impact on both the demand and the supply of human capital.
  • The DBRS Morningstar group of companies are wholly-owned subsidiaries of Morningstar, Inc. 2021 DBRS Morningstar.
  • The information upon which DBRS Morningstar ratings and other types of credit opinions and reports are based is obtained by DBRS Morningstar from sources DBRS Morningstar believes to be reliable.

Elbit Systems Signs Definitive Agreement to Sell Ashot to FIMI Opportunity Funds for $88 Million

Thursday, October 21, 2021 - 8:05am

(NASDAQ:ESLT) and (TASE: ESLT) ("Elbit Systems") announced today the signing of a definitive agreement for the sale of all ordinary shares held by its wholly-owned Israeli subsidiary, IMI Systems Ltd. ("IMI"), in IMI's 84.98%-owned subsidiary, Ashot Ashkelon Industries Ltd. (TASE: ASHO) ("Ashot") and all capital notes of Ashot held by IMI and Elbit Systems, to FIMI Opportunity Funds ("FIMI"), for approximately $88 million in cash (approximately NIS 285million).

Key Points: 
  • (NASDAQ:ESLT) and (TASE: ESLT) ("Elbit Systems") announced today the signing of a definitive agreement for the sale of all ordinary shares held by its wholly-owned Israeli subsidiary, IMI Systems Ltd. ("IMI"), in IMI's 84.98%-owned subsidiary, Ashot Ashkelon Industries Ltd. (TASE: ASHO) ("Ashot") and all capital notes of Ashot held by IMI and Elbit Systems, to FIMI Opportunity Funds ("FIMI"), for approximately $88 million in cash (approximately NIS 285million).
  • Ashot specializes in the manufacture of jet engine shafts, transmissions, gears and gearboxes, landing gear components and tungsten products for the aerospace and defense industries.
  • FIMI is a leading private equity fund in Israel with more than $5.5 billion in assets under management.
  • Bezhalel (Butzi) Machlis, President and CEO of Elbit Systems, said: "Since the acquisition of IMI by Elbit Systems, Ashot has undergone several processes to improve its business focus and operational efficiency.

ICIS partners with WIND China - bringing its global Live Disruptions Tracker to commodity traders across China

Thursday, October 21, 2021 - 8:00am

LONDON, Oct. 21, 2021 /PRNewswire/ --ICIS, a global source of independent commodity intelligence, today announced that it has made its global Live Disruptions Tracker available to users of WIND, China's leading financial data and analysis provider.

Key Points: 
  • LONDON, Oct. 21, 2021 /PRNewswire/ --ICIS, a global source of independent commodity intelligence, today announced that it has made its global Live Disruptions Tracker available to users of WIND, China's leading financial data and analysis provider.
  • The partnership allows WIND Financial Terminal users to seamlessly access ICIS' global live disruption intelligence for six key chemical futures markets including PP, PE, MEG, PTA, Styrene and Methanol.
  • The ICIS Live Disruption Tracker, which aggregates more than 125 million data points, provides both planned and unplanned global production shutdowns anticipating new plant expansion and contractions.
  • WIND Financial Terminal users will be able to access both historical ICIS data, back to October 2017, as well as the global outlook for the next 12 months.

ICIS partners with WIND China - bringing its global Live Disruptions Tracker to commodity traders across China

Thursday, October 21, 2021 - 8:00am

LONDON, Oct. 21, 2021 /PRNewswire/ --ICIS, a global source of independent commodity intelligence, today announced that it has made its global Live Disruptions Tracker available to users of WIND, China's leading financial data and analysis provider.

Key Points: 
  • LONDON, Oct. 21, 2021 /PRNewswire/ --ICIS, a global source of independent commodity intelligence, today announced that it has made its global Live Disruptions Tracker available to users of WIND, China's leading financial data and analysis provider.
  • The partnership allows WIND Financial Terminal users to seamlessly access ICIS' global live disruption intelligence for six key chemical futures markets including PP, PE, MEG, PTA, Styrene and Methanol.
  • The ICIS Live Disruption Tracker, which aggregates more than 125 million data points, provides both planned and unplanned global production shutdowns anticipating new plant expansion and contractions.
  • WIND Financial Terminal users will be able to access both historical ICIS data, back to October 2017, as well as the global outlook for the next 12 months.

Illinois, New Jersey and Delaware Have Most Markets at Elevated Risk From Pandemic Fallout

Thursday, October 21, 2021 - 5:01am

The third-quarter trends, which generally continued second-quarter patterns, revealed that New Jersey, Delaware and Illinois had 26 of the 50 counties most exposed to the potential housing-related impacts of the pandemic.

Key Points: 
  • The third-quarter trends, which generally continued second-quarter patterns, revealed that New Jersey, Delaware and Illinois had 26 of the 50 counties most exposed to the potential housing-related impacts of the pandemic.
  • The conclusions were drawn from an analysis of the most recent home affordability, equity and foreclosure reports prepared by ATTOM.
  • Counties were ranked in each category, from lowest to highest, with the overall conclusion based on a combination of the three ranks.
  • The three in the Philadelphia, PA, suburbs were Camden and Gloucester counties in New Jersey and Delaware County in Pennsylvania.

DBRS Morningstar: China's Balancing Act: Containing Property Sector Leverage While Preserving Financial Stability

Thursday, October 21, 2021 - 2:36am

The deleveraging of the property sector will test Chinas willingness and ability to avoid a broader credit crunch and a crash in property prices.

Key Points: 
  • The deleveraging of the property sector will test Chinas willingness and ability to avoid a broader credit crunch and a crash in property prices.
  • The Evergrande crisis embodies the delicate balance for authorities between containing leverage in the economy while preserving financial stability.
  • The Evergrande crisis embodies the delicate balance for authorities between containing leverage in the economy while preserving financial stability.
  • The DBRS Morningstar group of companies are wholly-owned subsidiaries of Morningstar, Inc. 2021 DBRS Morningstar.

Euronet Worldwide Reports Third Quarter 2021 Financial Results

Thursday, October 21, 2021 - 2:00am

LEAWOOD, Kan., Oct. 20, 2021 (GLOBE NEWSWIRE) -- Euronet Worldwide, Inc. (Euronet or the Company) (NASDAQ: EEFT), a leading electronic payments provider, reportsthird quarter2021financial results.

Key Points: 
  • LEAWOOD, Kan., Oct. 20, 2021 (GLOBE NEWSWIRE) -- Euronet Worldwide, Inc. (Euronet or the Company) (NASDAQ: EEFT), a leading electronic payments provider, reportsthird quarter2021financial results.
  • Euronet reports the following consolidated results for thethird quarter2021compared with the same period of2020:
    Operating incomeof$114.5million, a 73% increase from$66.1 million (72% increase on a constant currency basis).
  • Euronet Worldwide will host an analyst conference call on October 21, 2021, at 9:00 a.m. Eastern Time to discuss these results.
  • Euronet Worldwide is an industry leader in processing secure electronic financial transactions.

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of HyreCar, Inc. - HYRE

Wednesday, October 20, 2021 - 11:32pm

NEW YORK, Oct. 20, 2021 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of HyreCar, Inc. (HyreCar or the Company) (NASDAQ:HYRE).

Key Points: 
  • NEW YORK, Oct. 20, 2021 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of HyreCar, Inc. (HyreCar or the Company) (NASDAQ:HYRE).
  • Such investors are advised to contact Robert S. Willoughby at newaction@pomlaw.com or 888-476-6529, ext.
  • The investigation concerns whether HyreCar and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
  • Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions.

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors Eargo, Inc. – EAR

Wednesday, October 20, 2021 - 11:17pm

NEW YORK, Oct. 20, 2021 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Eargo, Inc. (Eargo or the Company) (NASDAQ: EAR).

Key Points: 
  • NEW YORK, Oct. 20, 2021 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Eargo, Inc. (Eargo or the Company) (NASDAQ: EAR).
  • Such investors are advised to contact Robert S. Willoughby at newaction@pomlaw.com or 888-476-6529, ext.
  • The investigation concerns whether Eargo and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
  • Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions.