Transfer

Global Tech Industries Group, Inc. provides latest information regarding digital dividend distribution

Retrieved on: 
Tuesday, August 9, 2022 - 2:10am

FINRA determined that the Company action was deficient because the Depository Trust & Clearing Corporation (DTCC) is unable to process the digital dividend distribution to GTII shareholders holding shares in CEDE & Co, which is a substantial percentage of its shareholders.

Key Points: 
  • FINRA determined that the Company action was deficient because the Depository Trust & Clearing Corporation (DTCC) is unable to process the digital dividend distribution to GTII shareholders holding shares in CEDE & Co, which is a substantial percentage of its shareholders.
  • The forms and instructions were released in the Companys press, are on the Companys website, www.gtii-us.com , and were mailed to all shareholders.
  • About Global Tech Industries Group, Inc.: GTII is a publicly traded Company incorporated in the state of Nevada, specializing in the pursuit of acquiring new and innovative technologies.
  • Unless legally required, we undertake no obligation to update, modify or withdraw any forward-looking statements, because of new information, future events or otherwise.

Enstar Announces LPT Transaction With Argo

Retrieved on: 
Monday, August 8, 2022 - 11:54pm

Argo will retain a loss corridor of $75 million up to $821 million.

Key Points: 
  • Argo will retain a loss corridor of $75 million up to $821 million.
  • The closing of the transaction is subject to regulatory approval and other closing conditions and is expected to be completed in the second half of 2022.
  • Dominic Silvester, Enstars Chief Executive Officer, said: As this collaboration with Argo demonstrates, Enstar continues to be a market of choice for run-off solutions.
  • A market leader in completing legacy acquisitions, Enstar has acquired over 110 companies and portfolios since its formation in 2001.

Astroport Space Technologies Awarded Second NASA Technology Research Contract for Lunar Construction

Retrieved on: 
Monday, August 8, 2022 - 11:46pm

SAN ANTONIO, Aug. 8, 2022 /PRNewswire/ -- Astroport Space Technologies, Inc. has been awarded its second NASA Phase 1 Small Business Technology Transfer (STTR) contract for the construction of landing pads on the Moon.

Key Points: 
  • SAN ANTONIO, Aug. 8, 2022 /PRNewswire/ -- Astroport Space Technologies, Inc. has been awarded its second NASA Phase 1 Small Business Technology Transfer (STTR) contract for the construction of landing pads on the Moon.
  • The project will build on Astroport's previous Phase 1 STTR-21 work on regolith melting technologies and robotic bricklaying system for lunar infrastructure construction.
  • Astroport's Founder/CEO and Space Architect, Sam Ximenes said, "we are pleased that NASA continues to place confidence in our team's ability to define and develop technologies and processes for lunar infrastructure construction.
  • About Astroport:Astroport Space Technologies Inc. is a space construction and materials manufacturing company turning planetary resources into durable feedstock for autonomous construction of lunar surface infrastructure.

Avalanche Technology and FALINUX partner to build the next generation of Industrial Automation Human Machine Interface Products

Retrieved on: 
Monday, August 8, 2022 - 2:00pm

FREMONT, Calif., Aug. 08, 2022 /PRNewswire-PRWeb/ -- Avalanche Technology, the leader in next generation MRAM technology, announced today that it is providing Persistent SRAM (P-SRAM) products for industrial touch screen applications developed by FALINUX. FALINUX has designed in Avalanche's 8Mb High Performance Serial P-SRAM device into its next generation Human Machine Interface (HMI) products used in industrial automation systems.

Key Points: 
  • FREMONT, Calif., Aug. 08, 2022 /PRNewswire-PRWeb/ -- Avalanche Technology, the leader in next generation MRAM technology, announced today that it is providing Persistent SRAM (P-SRAM) products for industrial touch screen applications developed by FALINUX.
  • FALINUX has designed in Avalanche's 8Mb High Performance Serial P-SRAM device into its next generation Human Machine Interface (HMI) products used in industrial automation systems.
  • FALINUX designs and manufactures HMI systems for various industrial segments such as Logistics, Semiconductor Manufacturing, Chemical, Energy, Textile and Food production.
  • "Our second-generation industrial products all have a seamless upgrade path to eliminate the need for expensive redesigns in future system iterations."

REI Co-op and Capital One Announce New REI Co-op Mastercard

Retrieved on: 
Monday, August 8, 2022 - 2:00pm

MCLEAN, Va., Aug. 8, 2022 /PRNewswire/ -- Today, REI Co-op, the largest consumer co-op and outdoor specialty retailer in the United States, and Capital One, introduced their card partnership and launched the new REI Co-op® Mastercard® program. This new program offers existing and new cardholders a compelling set of benefits and inspires members' daily pursuit of a life outside by rewarding everyday purchases to support their outdoor adventures.

Key Points: 
  • Capital One will also support the fund with an annual donation as a key pillar of the card partnership.
  • Capital One offers industry-leading digital capabilities that help create a seamless experience for cardholders, including a top-rated mobile app.
  • For more information on the REI Co-op Mastercard, offered by Capital One, please visit rei.com/mastercard .
  • www.mastercard.com
    View original content to download multimedia: https://www.prnewswire.com/news-releases/rei-co-op-and-capital-one-annou...
    SOURCE Capital One Financial Corporation; REI Co-op; Mastercard

PAO Severstal: IMPORTANT NOTICE TO NOTEHOLDERS

Retrieved on: 
Monday, August 8, 2022 - 2:18pm

THIS NOTICE IS IMPORTANT AND REQUIRES THE IMMEDIATE ATTENTION OF HOLDERS.

Key Points: 
  • THIS NOTICE IS IMPORTANT AND REQUIRES THE IMMEDIATE ATTENTION OF HOLDERS.
  • THIS NOTICE CONTAINS IMPORTANT INFORMATION THAT IS OF INTEREST TO THE REGISTERED AND BENEFICIAL OWNERS OF THE NOTES.
  • The Noteholders who have already submitted their Written Resolutions do not need to resubmit them following the publication of this notice.
  • This notice and the Written Resolution contain important information which should be read carefully before any decision is made with respect to the Written Resolution.

Best’s Special Report: AM Best Updates Net Capital Charge Associated With Fannie-Freddie Mortgage Risk Transfers

Retrieved on: 
Monday, August 8, 2022 - 1:55pm

These tables also highlight some of the key components of the factor-based method used to calculate net capital charges in the Bests Capital Adequacy Ratio (BCAR) model.

Key Points: 
  • These tables also highlight some of the key components of the factor-based method used to calculate net capital charges in the Bests Capital Adequacy Ratio (BCAR) model.
  • The net capital charge of CRT transactions is represented as B5mmortgage-related net loss and LAE reserves riskin the net required capital formula that is part of BCAR.
  • For this Bests Special Report, Updated Net Capital Charge Tables for ACIS/CIRT Reinsurance Transactions, the seventh one on net capital charges, AM Best has selected approximately half the 141 CRT transactions effective through June 2022 to calculate the net capital charges associated with individual layers of the CRT transactions.
  • AM Best publishes these net capital charge tables semi-annually, using the most current performance data available from the government-sponsored enterprises websites.

CIBC TO ENHANCE SECURE AND SEAMLESS ACCESS TO FINANCIAL TOOLS AND APPS FOR CLIENTS THROUGH AGREEMENT WITH MX

Retrieved on: 
Monday, August 8, 2022 - 12:00pm

TORONTO, Aug. 8, 2022 /CNW/ -Today CIBC(TSX: CM) (NYSE: CM) announced a data access agreement with MX to enhance the CIBC client experience through secure data sharing, providing clients with a safe and seamless way to share their financial information.

Key Points: 
  • TORONTO, Aug. 8, 2022 /CNW/ -Today CIBC(TSX: CM) (NYSE: CM) announced a data access agreement with MX to enhance the CIBC client experience through secure data sharing, providing clients with a safe and seamless way to share their financial information.
  • This agreement with MX will provide a simple and secure way for clients to access the financial information they need, giving them greater control over their finances.
  • As members of FDX, a nonprofit organization dedicated to uniting the financial industry around a common, flexible, interoperable standard for the secure access of user-permissioned financial data, CIBC and MX are committed to building safe and secure access to financial information that supports and empowers clients.
  • CIBC is a leading North American financial institution with 13 million personal banking, business, public sector and institutional clients.

Bragar Eagel & Squire, P.C. Is Investigating Cognyte, TD, Cavco, and Discover and Encourages Investors to Contact the Firm

Retrieved on: 
Saturday, August 6, 2022 - 2:00am

Our investigations concern whether these companies have violated the federal securities laws and/or engaged in other unlawful business practices.

Key Points: 
  • Our investigations concern whether these companies have violated the federal securities laws and/or engaged in other unlawful business practices.
  • On this news, Cognyte's stock fell $3.63, or 31.1%, to close at $8.03 per share on April 5, 2022, thereby injuring investors.
  • For more information on the Discover investigation go to: https://bespc.com/cases/DFS
    About Bragar Eagel & Squire, P.C.
  • The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country.

Kirby McInerney LLP Continues Investigation of Shareholder Claims on Behalf of Discover Financial Services, Inc. (DFS) Investors

Retrieved on: 
Friday, August 5, 2022 - 5:01pm

The law firm of Kirby McInerney LLP is investigating potential claims against Discover Financial Services, Inc. (Discover or the Company) (NYSE: DFS ).

Key Points: 
  • The law firm of Kirby McInerney LLP is investigating potential claims against Discover Financial Services, Inc. (Discover or the Company) (NYSE: DFS ).
  • The investigation concerns whether Discover has violated the federal securities laws and/or engaged in other unlawful business practices.
  • On July 20, 2022, after the market closed, Discover announced Q2 2022 financial results.
  • Kirby McInerney LLP is a New York-based plaintiffs law firm concentrating in securities, antitrust, whistleblower, and consumer litigation.