Risk management

Notice of Data Breach

Retrieved on: 
Friday, August 19, 2022 - 2:00am

EDISON, N.J., Aug. 18, 2022 /PRNewswire/ -- SFERRA Fine Linens, LLC ("SFERRA") is notifying individuals of a data incident.

Key Points: 
  • EDISON, N.J., Aug. 18, 2022 /PRNewswire/ -- SFERRA Fine Linens, LLC ("SFERRA") is notifying individuals of a data incident.
  • This notice provides details about the incident, our response, and resources available to help protect information.
  • SFERRA immediately began an investigation to determine the nature and scope of the activity, with the assistance of third-party forensic specialist.
  • Given that certain files were potentially accessed without authorization, SFERRA undertook a comprehensive review of the data to understand the specific information potentially impacted and to whom it related.

Capital Power announces its inaugural Green Subordinated Notes offering

Retrieved on: 
Friday, August 19, 2022 - 1:50am

EDMONTON, Alberta, Aug. 18, 2022 (GLOBE NEWSWIRE) -- Capital Power Corporation (Capital Power or the Company) (TSX:CPX) announced today that it has priced a public offering (the Offering) in Canada of C$350 million 7.95% Fixed-to-Fixed Rate Subordinated Notes, Series 1, due September 9, 2082 (the Notes).

Key Points: 
  • EDMONTON, Alberta, Aug. 18, 2022 (GLOBE NEWSWIRE) -- Capital Power Corporation (Capital Power or the Company) (TSX:CPX) announced today that it has priced a public offering (the Offering) in Canada of C$350 million 7.95% Fixed-to-Fixed Rate Subordinated Notes, Series 1, due September 9, 2082 (the Notes).
  • The Offering represents the Companys first green bond offering pursuant to its recently released Green Financing Framework, which Sustainalytics reviewed and provided a second-party opinion confirming its credibility.
  • Capital Power (TSX: CPX) is a growth-oriented North American wholesale power producer with a strategic focus on sustainable energy headquartered in Edmonton, Alberta.
  • Capital Power owns approximately 6,600 MW of power generation capacity at 27 facilities across North America.

 PrimeEnergy Resources Corporation Announces Second Quarter Results

Retrieved on: 
Friday, August 19, 2022 - 12:02am

If you have any questions on this release, please contact Connie Ng at (713) 735-0000 ext 6416.

Key Points: 
  • If you have any questions on this release, please contact Connie Ng at (713) 735-0000 ext 6416.
  • Forward-Looking Statements: This Report contains forward-looking statements that are based on management's current expectations, estimates and projections.
  • Actual results and outcomes may vary materially from what is expressed or forecast in such statements due to various risks and uncertainties.
  • Accordingly, stockholders and potential investors are cautioned that certain events or circumstances could cause actual results to differ materially from those projected.

QCR Holdings, Inc. Completes Private Placements of Subordinated Notes

Retrieved on: 
Thursday, August 18, 2022 - 10:13pm

MOLINE, Ill., Aug. 18, 2022 (GLOBE NEWSWIRE) -- QCR Holdings, Inc. (NASDAQ: QCRH) (the Company) today announced that it has completed private placements of $100million in aggregate principal amount subordinated notes.

Key Points: 
  • MOLINE, Ill., Aug. 18, 2022 (GLOBE NEWSWIRE) -- QCR Holdings, Inc. (NASDAQ: QCRH) (the Company) today announced that it has completed private placements of $100million in aggregate principal amount subordinated notes.
  • The private placements were issued in two separate tranches consisting of $45 million in aggregate principal amount of Fixed-to-Floating Rate Subordinated Notes due September 2032 (the 2032 Notes) and $55 million in aggregate principal amount of Fixed-to-Floating Subordinated Notes due September 2037 (the 2037 Notes).
  • The Company intends to use the net proceeds from the private placements for general corporate purposes, which may include, but are not limited to, repurchasing shares of common stock.
  • Piper Sandler & Co. served as the sole placement agent for the offering of the 2032 Notes.

Verisk Welcomes Olumide Soroye to Its Board of Directors

Retrieved on: 
Thursday, August 18, 2022 - 9:15pm

JERSEY CITY, N.J., Aug. 18, 2022 (GLOBE NEWSWIRE) -- Verisk (Nasdaq: VRSK) today announced that Olumide Soroye has been appointed independent director of the companys Board of Directors effective immediately.

Key Points: 
  • JERSEY CITY, N.J., Aug. 18, 2022 (GLOBE NEWSWIRE) -- Verisk (Nasdaq: VRSK) today announced that Olumide Soroye has been appointed independent director of the companys Board of Directors effective immediately.
  • Olumides experience in software, data analytics, AI, and growth-minded leadership make him an exceptional addition to Verisks board, Verisk CEO Lee Shavel said.
  • We look forward to working closely with Olumide to ensure that we continue to drive value and positive impact for all Verisk stakeholders including shareholders, clients, employees and partners.
  • Bruce Hansen, chairperson of the Verisk Board of Directors, said, Weve added extensive experience to our board with the addition of five new board members over the last year.

Popular Science Teams up with hOmeLabs on New Co-Branded Product Initiative

Retrieved on: 
Thursday, August 18, 2022 - 9:20pm

NEW YORK, Aug. 18, 2022 (GLOBE NEWSWIRE) -- Popular Science and hOmeLabs are proud to announce the launch of their newly co-branded air purifier .

Key Points: 
  • NEW YORK, Aug. 18, 2022 (GLOBE NEWSWIRE) -- Popular Science and hOmeLabs are proud to announce the launch of their newly co-branded air purifier .
  • Popular Science is an iconic and beloved brand that doesnt put its name on products lightly, says Adam Morath, General Manager of Recurrents Science, Tech, and Outdoor brands.
  • This has been a collaborative effort by two innovative companies, and a first, but important step in our co-branding initiative.
  • Popular Science makes science and tech engaging, approachable, and inclusive to keep readers, listeners, and viewers plugged into and excited about the world around them.

RWS and WAND, Inc. Announce New Partnership

Retrieved on: 
Thursday, August 18, 2022 - 9:15pm

DENVER, Aug. 18, 2022 (GLOBE NEWSWIRE) -- WAND, Inc. today announced a new partnership with RWS.

Key Points: 
  • DENVER, Aug. 18, 2022 (GLOBE NEWSWIRE) -- WAND, Inc. today announced a new partnership with RWS.
  • This partnership will blend Tridion, RWS's world-leading content technology, with WAND, Inc.'s prebuilt taxonomies to accelerate client time to delivery.
  • About RWS: RWS Holdings plc is a unique, world-leading provider of technology-enabled language, content and intellectual property services.
  • To learn more about Ross Leher or WAND, Inc. and RWS' partnership, please call +1 (303) 623-1200 or email rleher@wandinc.com .You can also check out the WAND, Inc. website at: www.wandinc.com and RWS at: www.rws.com

Aries I Acquisition Corporation Announces Extension of Deadline to Complete Business Combination

Retrieved on: 
Thursday, August 18, 2022 - 9:30pm

Aries is a special purpose acquisition company whose business purpose is to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.

Key Points: 
  • Aries is a special purpose acquisition company whose business purpose is to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.
  • On December 13, 2021, Aries and InfiniteWorld announced that they had entered into a definitive business combination agreement.
  • Closing of the business combination is subject to customary closing conditions including the approval of the shareholders of Aries.
  • InfiniteWorld is poised to become a publicly traded company through a business combination with Aries I Acquisition Corporation (Nasdaq: RAM), a special purpose acquisition company.

AM Best Comments on Credit Ratings of CSE Insurance Group’s Members Following Acquisition Termination Agreement

Retrieved on: 
Thursday, August 18, 2022 - 9:13pm

CSE Groups Credit Ratings (ratings) will remain under review with developing implications until AM Best completes its analysis of perspective business plans and assesses the strategic plans of the existing parent following further discussions with company management.

Key Points: 
  • CSE Groups Credit Ratings (ratings) will remain under review with developing implications until AM Best completes its analysis of perspective business plans and assesses the strategic plans of the existing parent following further discussions with company management.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings .
  • For information on the proper use of Bests Credit Ratings, Bests Performance Assessments, Bests Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Bests Ratings & Assessments .
  • AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry.

AMC Entertainment Holdings, Inc. Comments on Cineworld Public Statement

Retrieved on: 
Thursday, August 18, 2022 - 9:15pm

AMC Chairman and CEO Adam Aron said, Yesterday Cineworld, which is the worlds second-largest movie theater circuit, issued a public statement that it anticipates low levels of admissions until November 2022, which are expected to negatively impact its liquidity position in the near-term.

Key Points: 
  • AMC Chairman and CEO Adam Aron said, Yesterday Cineworld, which is the worlds second-largest movie theater circuit, issued a public statement that it anticipates low levels of admissions until November 2022, which are expected to negatively impact its liquidity position in the near-term.
  • Aron continued, At AMC, as we have publicly disclosed previously, the film slate in the third quarter of 2022 is expected to be relatively weak.
  • Our new AMC Preferred Equity security, which begins trading on the New York Stock Exchange on Monday August 22, 2022, should also make us a much stronger company.
  • AMC does not intend, and undertakes no duty, to update any information contained herein to reflect future events or circumstances, except as required by applicable law.