Bank

EQS-News: Nordea Bank Abp: Third-quarter results 2021

Thursday, October 21, 2021 - 9:03am

We have entered a new phase of recovery from the pandemic and, as a bank, we have done so from a position of strength.

Key Points: 
  • We have entered a new phase of recovery from the pandemic and, as a bank, we have done so from a position of strength.
  • We maintained our strong customer focus while continuing to develop our omnichannel model, a combination of high-quality digital and in-person services.
  • This quarter, our efforts delivered a 7% increase in mobile bank users and 14% more mobile bank logins than a year ago.
  • We intend to publish new financial targets alongside our fourth-quarter and full-year results on 3 February 2022."

Implants, AI and the No-cash Generation – Will Payments in 2030 Be a Dystopia or a Utopia?

Thursday, October 21, 2021 - 9:00am

By embedding ethical behaviour into transactions, the payments space can take on a unique role in incentivising both consumers and companies to be more conscious.

Key Points: 
  • By embedding ethical behaviour into transactions, the payments space can take on a unique role in incentivising both consumers and companies to be more conscious.
  • Ambient commerce reigns: Payments may become increasingly invisible as we move to more ambient models of commerce such as the recent emergence of till-less grocery stores.
  • By 2030, this will evolve even further so there will be no cards or payments devices.
  • The no-cash generation: As cash disappears, there could be a generation that has never held physical money.

DGAP-News: Ludwig Beck am Rathauseck-Textilhaus Feldmeier AG: LUDWIG BECK - Sales and earnings development in the first nine months of 2021 have clearly been marked by the effects of the COVID-19 pandemic

Thursday, October 21, 2021 - 8:01am

Over the entire nine-month period, the stationary fashion trade is down 22% on the previous year, according to TW-Testclub.

Key Points: 
  • Over the entire nine-month period, the stationary fashion trade is down 22% on the previous year, according to TW-Testclub.
  • All sums and figures in the text and tables were calculated precisely and then rounded to the nearest million.
  • In the third quarter, LUDWIG BECK generated gross sales of 19.8 million compared to 16.2 million in the previous year.
  • As of September 30, 2021, the LUDWIG BECK Group's equity was 57.9 million (December 31, 2020: 59.6 million).

Trava.Finance Introduces NFT Renting Marketplace- A World's First Peer-to-Peer Renting in GameFi on Binance Smart Chain

Thursday, October 21, 2021 - 7:30am

SINGAPORE, Oct. 21, 2021 /PRNewswire/ -- Trava.Finance (https://trava.finance/), a project of Datalink Foundation Pre. Ltd, announced it is diversifying its lending ecosystem by implementing a new non-fungible token (NFT) renting service within the game, to reach the vision to collaborate with GameFi platforms in providing NFTs peer-to-peer rental marketplace.

Key Points: 
  • A never before seen combination of Decentralised Finance (DeFi) and Game Finance (GameFi), the Trava NFT rental service targets users who face the issues of obsolete NFTs and rare NFTs.
  • The service will allow owners to continue generating revenue off idle in-game digital assets through lending.
  • Trava will provide a pool and a peer-to-peer renting marketplace where players can deposit and list their spare NFTs for rent.
  • $TRAVA will be made tradable between the Binance Smart Chain (BSC) and the Fantom platform with blockchain bridging that helps users maximize their profits.

Custodian REIT plc : Purchase of Property

Thursday, October 21, 2021 - 7:01am

Custodian REIT (LSE: CREI), the UK property investment company, is pleased to announce a property purchase.

Key Points: 
  • Custodian REIT (LSE: CREI), the UK property investment company, is pleased to announce a property purchase.
  • The agreed purchase price of 2.962 million was funded from the Company's existing debt facilities, resulting in net gearing2 increasing to 20.8% loan to value.
  • 1 Passing rent divided by purchase price plus assumed purchasers' costs.
  • 2 Gross borrowings less cash (excluding tenant rental deposits and retentions) divided by last published property portfolio valuation.

ABB: Q3 2021 Results

Thursday, October 21, 2021 - 5:53am

This improvement however benefited from the adverse temporary items in last years results, good development in most business areas and unusually low corporate costs in the current quarter.

Key Points: 
  • This improvement however benefited from the adverse temporary items in last years results, good development in most business areas and unusually low corporate costs in the current quarter.
  • In the fourth quarter of 2021, ABB anticipates a continued tight supply chain to impact customer deliveries.
  • ABB anticipates comparable revenue growth of 6%-8% (update from just below 10%) for full-year 2021, hampered by supply constraints towards the end of the year.
  • 1 For a reconciliation of non-GAAP measures, see supplemental reconciliations and definitions in the attached Q3 2021 Financial Information.

High Arctic Declares Special One-Time Dividend

Thursday, October 21, 2021 - 2:10am

CALGARY, Alberta, Oct. 20, 2021 (GLOBE NEWSWIRE) -- High Arctic Energy Services Inc. (TSX: HWO) (“High Arctic” or the “Corporation”) is pleased to announce that its Board of Directors has approved a special one-time dividend payment of $0.20 per share to holders of common shares. The dividend is payable on November 5, 2021 to holders of High Arctic common shares of record at the close of business on October 27, 2021. The ex-dividend date is October 26, 2021. The dividend is designated as an "eligible dividend" for Canadian Income Tax purposes.

Key Points: 
  • ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW
    CALGARY, Alberta, Oct. 20, 2021 (GLOBE NEWSWIRE) -- High Arctic Energy Services Inc. (TSX: HWO) (High Arctic or the Corporation) is pleased to announce that its Board of Directors has approved a special one-time dividend payment of $0.20 per share to holders of common shares.
  • The dividend is payable on November 5, 2021 to holders of High Arctic common shares of record at the close of business on October 27, 2021.
  • The dividend is designated as an "eligible dividend" for Canadian Income Tax purposes.
  • Currently, positive developments position High Arctic to pay a special one-time dividend while preserving a strong capital structure.

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.

Newsweek Magazine selects Farmers & Merchants Bank of Central California as Best Community Bank in California

Thursday, October 21, 2021 - 12:35am

LODI, Calif., Oct. 20, 2021 (GLOBE NEWSWIRE) -- Farmers & Merchants Bancorp (OTCQX: FMCB), the parent company of Farmers & Merchants Bank of Central California (F&M Bank), is pleased to announce F&M Bank has been named the "Best Community Bank inCalifornia" inNewsweek'sranking of America's Best Banks 2022 .

Key Points: 
  • LODI, Calif., Oct. 20, 2021 (GLOBE NEWSWIRE) -- Farmers & Merchants Bancorp (OTCQX: FMCB), the parent company of Farmers & Merchants Bank of Central California (F&M Bank), is pleased to announce F&M Bank has been named the "Best Community Bank inCalifornia" inNewsweek'sranking of America's Best Banks 2022 .
  • "We are extremely honored to be selected as Californias Best Community Bank", saidKent A. Steinwert, Chairman, President and CEO of F&M Bank.
  • Farmers & Merchants Bancorp, traded on the OTCQX under the symbol FMCB, is the parent company of Farmers & Merchants Bank of Central California, also known as F&M Bank.
  • Founded in 1916, F&M Bank is a locally owned and operated community bank, which proudly serves California through 32 convenient locations.