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Discover® Global Network Study Finds 93% of Global Fintechs Increased Reliance on Payment Networks Given the Current Economic Environment

Retrieved on: 
Tuesday, June 6, 2023
Professional Services, Payments, Technology, Finance, Fintech, Banking, Business development, B2B, Face, Business, Money, Research, Jordan, Belgrade Fair – Hall 1, Organization, Growth, Ecosystem, Union, Automation, Cryptocurrency, Bank, Discover

The research study commissioned by Discover Global Network with 451 Research of S&P Global Market Intelligence surveyed global fintechs to identify emerging digital payments trends shaping the fintech ecosystem.

Key Points: 
  • The research study commissioned by Discover Global Network with 451 Research of S&P Global Market Intelligence surveyed global fintechs to identify emerging digital payments trends shaping the fintech ecosystem.
  • Per the study, fintechs are dependent on payments networks, with 93% saying the current economic environment has increased their business’s reliance on payments networks.
  • Fintechs also say they benefit from payment networks the most through financial investment (42%), access to customers (38%), and technology enablement (38%).
  • Make sure to visit booth at #A105 in Hall 1 to network and learn more about the work being done at Discover Global Network.

Verge Genomics to Present at Mass General Brigham & Bank of America World Medical Innovation Forum

Retrieved on: 
Monday, June 5, 2023
Data Management, Biotechnology, Technology, Health, Pharmaceutical, Other Science, Research, Artificial Intelligence, Genetics, Science, Clinical Trials, Artificial intelligence, Panel, Bank, Mass, Mass General Brigham, Genomics

Verge Genomics, a clinical-stage, biotechnology company pioneering the use of artificial intelligence (AI) and human data to transform drug discovery, announced today that Robert H. Scannevin, Ph.D., Chief Scientific Officer, will join other experts in a panel discussion regarding the latest trends in brain health, at the Mass General Brigham and Bank of America World Medical Innovation Forum in Boston on June 12, 2023.

Key Points: 
  • Verge Genomics, a clinical-stage, biotechnology company pioneering the use of artificial intelligence (AI) and human data to transform drug discovery, announced today that Robert H. Scannevin, Ph.D., Chief Scientific Officer, will join other experts in a panel discussion regarding the latest trends in brain health, at the Mass General Brigham and Bank of America World Medical Innovation Forum in Boston on June 12, 2023.
  • Details of the Panel are as follows:
    More information about the event can be found at: https://worldmedicalinnovation.org/

Sprinklr Announces First Quarter Fiscal 2024 Results

Retrieved on: 
Monday, June 5, 2023
Technology, Professional Services, Public Relations, Investor Relations, Marketing, Communications, Social Media, Software, Artificial Intelligence, Internet, Mobile, Wireless, Finance, Table, Bank statement, GAAP, ID, Net, Investment, Security (finance), CXM, Average cost, Webcast, NYSE, Video game, Bank, Financial adviser, Food delivery, Sprinklr

Net Income (Loss) Per Share*: First quarter net income per share, basic was $0.01, compared to net loss per share, basic of $0.10 in the first quarter of fiscal year 2023.

Key Points: 
  • Net Income (Loss) Per Share*: First quarter net income per share, basic was $0.01, compared to net loss per share, basic of $0.10 in the first quarter of fiscal year 2023.
  • Non-GAAP net income per share, basic for the first quarter was $0.06, compared to non-GAAP net loss per share, basic of $0.05 in the first quarter of fiscal year 2023.
  • Sprinklr is providing the following guidance for the second fiscal quarter ending July 31, 2023:
    Subscription revenue between $158 million and $160 million.
  • Sprinklr will host a conference call today, June 5, 2023, to discuss first quarter fiscal 2024 financial results, as well as the second quarter and full year fiscal 2024 outlook, at 5:00 p.m. Eastern Time, 2:00 p.m. Pacific Time.

Aviation Capital Group Extends $2.7 Billion Senior Unsecured Revolving Credit Facility

Retrieved on: 
Monday, June 5, 2023
Professional Services, Air, Transport, Finance, Aviation, Chase Bank, JPMorgan Chase, ACG, Capital Group Companies, Bank, Security (finance)

Aviation Capital Group LLC (“ACG”) announced today that it has extended the final maturity date of its senior unsecured revolving credit facility with JPMorgan Chase Bank, N.A., as administrative agent, from June 3, 2026 to June 3, 2027.

Key Points: 
  • Aviation Capital Group LLC (“ACG”) announced today that it has extended the final maturity date of its senior unsecured revolving credit facility with JPMorgan Chase Bank, N.A., as administrative agent, from June 3, 2026 to June 3, 2027.
  • The commitments under this facility are from 22 financial institutions globally.
  • Together with its $1.2 billion line of credit from Tokyo Century, ACG currently has approximately $3.9 billion of total revolving commitments.

Core & Main Announces Fiscal 2023 First Quarter Results

Retrieved on: 
Tuesday, June 6, 2023
Utilities, Energy, Other Construction & Property, Law Enforcement, Emergency Services, Commercial Building & Real Estate, Construction & Property, Other Manufacturing, Engineering, Urban Planning, Building Systems, Manufacturing, Public Policy, Government, Borrowing base, Partnership, Senior, Share repurchase, Drainage, Leclair, CNM, Policy, Calendar, Line of credit, FDIC, EDT, Lincoln, Core & Main, EBITDA, Building material, Webcast, Weather, NYSE, Retail, Security (finance), Video game, Bank, Core, Adjustment

Core & Main Inc. (NYSE: CNM), a leader in advancing reliable infrastructure with local service, nationwide, today announced financial results for the first quarter ended April 30, 2023.

Key Points: 
  • Core & Main Inc. (NYSE: CNM), a leader in advancing reliable infrastructure with local service, nationwide, today announced financial results for the first quarter ended April 30, 2023.
  • Given our recent acquisitions and strong margin performance in the first quarter, we are raising our expectations for fiscal 2023 net sales and Adjusted EBITDA.
  • Core & Main will host a conference call and webcast on June 6, 2023 at 8:30 a.m. EDT to discuss the Company's financial results.
  • A slide presentation highlighting Core & Main’s results will also be made available on the Investor Relations section of Core & Main’s website prior to the call.

Bank of America and Apple Executives Join Chargebacks911 to Drive Rapid Expansion

Retrieved on: 
Tuesday, June 6, 2023
Software, Payments, Finance, Professional Services, Technology, Electronic Commerce, Fintech, Security, Software as a service, Apple Pay, Eaton, Education, Riau rupiah, Policy, Multimedia, E-commerce, CNP, ETA, Bank of America, Retirement, Bank, Management, Online shopping, Cryptocurrency, Elavon, Apple

Eaton, CEO and Founder of Chargebacks911, commented on the appointments; “I couldn't be more excited to bring onboard Guy Harris and Eric Hoffman.

Key Points: 
  • Eaton, CEO and Founder of Chargebacks911, commented on the appointments; “I couldn't be more excited to bring onboard Guy Harris and Eric Hoffman.
  • Under his tenure, Bank of America was recognised as number one in customer satisfaction in the J.D.
  • Before Bank of America, Harris served as the President of North America and global revenue for Elavon.
  • Hoffman arrives straight from Apple, where he was Director of Apple Pay Business Development, and one of the first hires by Apple in 2014 to scale Apple Pay.

NEE INVESTOR DEADLINE: Robbins Geller Rudman & Dowd LLP Announces that NextEra Energy, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit

Retrieved on: 
Tuesday, June 6, 2023
Class Action Lawsuit, Professional Services, Legal, Sentinel, CASE, Sentinel (comics), The, NextEra Energy, Consultant, Electric Bond and Share Company v. Securities and Exchange Commission, Bank of America, Risk, FPL, The Florida Times-Union, Orlando Sentinel, Bank, News, NYSE, Tobacco

Fla.), the NextEra Energy class action lawsuit charges NextEra Energy as well as certain of its top current and former executives with violations of the Securities Exchange Act of 1934.

Key Points: 
  • Fla.), the NextEra Energy class action lawsuit charges NextEra Energy as well as certain of its top current and former executives with violations of the Securities Exchange Act of 1934.
  • A lead plaintiff acts on behalf of all other class members in directing the NextEra Energy class action lawsuit.
  • The lead plaintiff can select a law firm of its choice to litigate the NextEra Energy class action lawsuit.
  • An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff of the NextEra Energy class action lawsuit.

Ping An Ranks 16th in Forbes' Global 2000, 7th among Global Financial Enterprises

Retrieved on: 
Friday, June 9, 2023
Insurance, Science, China Construction Bank, Poverty, Industrial and Commercial Bank of China, Bank of China, Technological literacy, Internet, Agricultural Bank, Commercial bank, Ping'an, Global 2000, Sustainable development, Forbes Global 2000, Corporate welfare, Agricultural Bank of China, ESG, Belt, Adolescence, Bank, Industrial, ICBC, MSCI

With steady development of operating income, profit, asset scale and market value, Ping An ranked 7th among global financial institutions, second among global insurance companies, and fifth among China companies.

Key Points: 
  • With steady development of operating income, profit, asset scale and market value, Ping An ranked 7th among global financial institutions, second among global insurance companies, and fifth among China companies.
  • The annual Global 2000 rankings from Forbes are based on an analysis of four metrics: sales, profits, assets and market value.
  • The Group has transformed to smart, digital operations to empower its core financial business and sustain business growth.
  • [1] Forbes Global 2000 used the latest 12 months of financial data available as of May 5, 2023 to calculate the factors used in the ranking.

Ping An Ranks 16th in Forbes' Global 2000, 7th among Global Financial Enterprises

Retrieved on: 
Friday, June 9, 2023
Insurance, Science, China Construction Bank, Poverty, Industrial and Commercial Bank of China, Bank of China, Technological literacy, Internet, Agricultural Bank, Commercial bank, Ping'an, Global 2000, Sustainable development, Forbes Global 2000, Corporate welfare, Agricultural Bank of China, ESG, Belt, Adolescence, Bank, Industrial, ICBC, MSCI

With steady development of operating income, profit, asset scale and market value, Ping An ranked 7th among global financial institutions, second among global insurance companies, and fifth among China companies.

Key Points: 
  • With steady development of operating income, profit, asset scale and market value, Ping An ranked 7th among global financial institutions, second among global insurance companies, and fifth among China companies.
  • The annual Global 2000 rankings from Forbes are based on an analysis of four metrics: sales, profits, assets and market value.
  • The Group has transformed to smart, digital operations to empower its core financial business and sustain business growth.
  • [1] Forbes Global 2000 used the latest 12 months of financial data available as of May 5, 2023 to calculate the factors used in the ranking.

Tuniu Announces Unaudited First Quarter 2023 Financial Results

Retrieved on: 
Friday, June 9, 2023
Travel, Marketing, GAAP, Research, Investment, Growth, Cryptocurrency, Video game, Tourism, Arms industry, Bank, Tuniu, Renminbi

NANJING, China, June 9, 2023 /PRNewswire/ -- Tuniu Corporation (NASDAQ: TOUR) ("Tuniu" or the "Company"), a leading online leisure travel company in China, today announced its unaudited financial results for the first quarter ended March 31, 2023.

Key Points: 
  • NANJING, China, June 9, 2023 /PRNewswire/ -- Tuniu Corporation (NASDAQ: TOUR) ("Tuniu" or the "Company"), a leading online leisure travel company in China, today announced its unaudited financial results for the first quarter ended March 31, 2023.
  • "We are pleased to see a robust rebound in our business during the first quarter of 2023.
  • Net loss was RMB7.5 million (US$1.1 million) in the first quarter of 2023, compared to a net loss of RMB41.7 million in the first quarter of 2022.
  • Tuniu's management will hold an earnings conference call at 8:00 am U.S. Eastern Time, on June 9, 2023, (8:00 pm, Beijing/Hong Kong Time, on June 9, 2023) to discuss the first quarter 2023 financial results.