2019 Bike Commuter of the Year Winners Announced
SAN FRANCISCO, April 25, 2019 /PRNewswire/ -- This week Bay Area Bike to Work Day (BTWD) organizers named the winners of the 2019 Bike Commuter of the Year awards. Given to individuals for inspiring bicycling in their Bay Area communities, the Bike Commuter of the Year award recognizes a winner from each of the nine San Francisco Bay Area counties for their commitment to bicycling as their primary mode of transport.
Docutrax Selected to Oversee New Subcontractor Compliance Program of ProSight Specialty Insurance
PARSIPPANY, N.J., April 25, 2019 /PRNewswire/ -- Docutrax, a division of Risk Toolbox, Inc., today announced an exclusive, long-term partnership with ProSight Specialty Insurance of New York, New York and Morristown, New Jersey. Under terms of the agreement, Docutrax will be responsible to manage, verify and maintain contractual insurance compliance of the subcontractors of ProSight's nationwide book of general contractor Construction business.
Aphria Announces Expiry and Termination of Green Growth Brands Take-Over Bid
LEAMINGTON, ON, April 25, 2019 /CNW/ - Aphria Inc. ("Aphria" or the "Company") (TSX: APHA and NYSE: APHA) today announced that the previously announced take-over bid (the "Offer") by Green Growth Brands Inc. ("GGB") has failed to meet the statutory minimum tender condition and has now expired and is terminated. As previously announced on April 15, 2019, the Company entered into a definitive agreement with GGB to accelerate the expiry date of the Offer to April 25, 2019, as well as to terminate certain arrangements with GA Opportunities Corp. ("GAOC") for consideration of $89.0 million payable on future dates as set out in the April 15th press release.
Matson Announces Quarterly Dividend Of $0.21 Per Share
HONOLULU, April 25, 2019 /PRNewswire/ -- The Board of Directors of Matson, Inc. (NYSE: MATX), a leading U.S. carrier in the Pacific, today declared a second quarter dividend of $0.21 per common share. The dividend will be paid on June 6, 2019 to all shareholders of record as of the close of business on May 9, 2019. About the Company Founded in 1882, Matson (NYSE: MATX) is a leading provider of ocean transportation and logistics services. Matson provides a vital lifeline to the domestic non-contiguous economies of Hawaii, Alaska, and Guam, and to other island economies in Micronesia. Matson also operates a premium, expedited service from China to Southern California and provides services to Okinawa, Japan and various islands in the South Pacific. The Company's fleet of owned and chartered vessels includes containerships, combination container and roll-on/roll-off ships and custom-designed barges. Matson Logistics, established in 1987, extends the geographic reach of Matson's transportation network throughout the continental U.S. Its integrated, asset-light logistics services include rail intermodal, highway brokerage, warehousing, freight consolidation, Asia supply chain services, and forwarding to Alaska. Additional information about the Company is available at www.matson.com. Investor Relations inquiries: News Media inquiries: Lee Fishman Keoni Wagner Matson, Inc. Matson, Inc. 510.628.4227 510.628.4534 firstname.lastname@example.org email@example.com View original content to download multimedia:http://www.prnewswire.com/news-releases/matson-announces-quarterly-dividend-of-0-21-per-share-300838816.html SOURCE Matson, Inc.
Waste Management Announces First Quarter Earnings
HOUSTON--(BUSINESS WIRE)-- Waste Management, Inc. (NYSE: WM) today announced financial results for its quarter ended March 31, 2019. Revenues for the first quarter of 2019 were $3.
Valens Reports Record $2.2 Million in Revenue in the First Quarter of Fiscal 2019
KELOWNA, BC, April 24, 2019 /CNW/ - Valens GroWorks Corp. (CSE: VGW) (OTC: VGWCF) (the "Company" or "Valens"), a multi-licensed, vertically integrated provider of cannabis products and services focused on various proprietary extraction methodologies, distillation, cannabinoid isolation and purification, as well as associated quality testing is pleased to report its financial results for the first quarter of fiscal 2019.
Valens Reports Record $2.2 Million in Revenue in the First Quarter of Fiscal 2019
KELOWNA, BC, April 24, 2019 /PRNewswire/ - Valens GroWorks Corp. (CSE: VGW) (OTC: VGWCF) (the "Company" or "Valens"), a multi-licensed, vertically integrated provider of cannabis products and services focused on various proprietary extraction methodologies, distillation, cannabinoid isolation and purification, as well as associated quality testing is pleased to report its financial results for the first quarter of fiscal 2019.
Coca-Cola Board of Directors Elects Two Officers and Declares Regular Quarterly Dividend
April 25, 2019 17:00 UTC ATLANTA--(BUSINESS WIRE)-- The Board of Directors of The Coca-Cola Company today announced the election of two officers, along with declaring the company’s regular quarterly dividend. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190425005747/en/ Lisa Chang is senior vice president and chief people officer of The Coca-Cola Company. (Photo: Business Wire) Lisa Chang, who joined Coca-Cola as chief people officer on March 1, has been elected by the board as a senior vice president. Chang most recently served as senior vice president and chief human resources officer for AMB Group LLC in Atlanta, the investment management and shared services arm of The Blank Family of Businesses. Chang is a graduate of the University of Virginia and the Stetson School of Business and Economics at Mercer University. The board also elected Ashna Zaheer as assistant corporate secretary. Zaheer joined the company in 2017 as securities counsel. Zaheer previously served as a corporate attorney at Jones Day, with a practice focused on capital markets transactions, securities and corporate governance for public companies. Zaheer is a graduate of Vanderbilt University and the University of Notre Dame law school. The elections are effective immediately. The board also declared a regular quarterly dividend of 40 cents per common share. The dividend is payable July 1, 2019, to shareowners of record as of June 14, 2019. Earlier this year, the board approved the company’s 57th consecutive annual dividend increase, raising the quarterly dividend from 39 cents to 40 cents per common share. About The Coca-Cola Company The Coca-Cola Company (NYSE: KO) is a total beverage company, offering over 500 brands in more than 200 countries and territories. In addition to the company’s Coca-Cola brands, our portfolio includes some of the world’s most valuable beverage brands, such as AdeS plant-based beverages, Ayataka green tea, Costa coffee, Dasani waters, Del Valle juices and nectars, Fanta, Georgia coffee, Gold Peak teas and coffees, Honest Tea, innocent smoothies and juices, Minute Maid juices, Powerade sports drinks, Simply juices, smartwater, Sprite, vitaminwater and ZICO coconut water. We’re constantly transforming our portfolio, from reducing sugar in our drinks to bringing innovative new products to market. We’re also working to reduce our environmental impact by replenishing water and promoting recycling. With our bottling partners, we employ more than 700,000 people, helping bring economic opportunity to local communities worldwide. Learn more at Coca-Cola Journey at www.coca-colacompany.com and follow us on Twitter, Instagram, Facebook and LinkedIn. The fairlife® brand is owned by fairlife LLC, our joint venture with Select Milk Producers Inc. Products from fairlife are distributed by our company and certain of our bottling partners. View source version on businesswire.com: https://www.businesswire.com/news/home/20190425005747/en/ Contacts Investors and Analysts: Tim Leveridge +1 404.676.7563Media: Scott Leith +1 404.676.8768 Source: The Coca-Cola Company Smart Multimedia Gallery Photo Lisa Chang is senior vice president and chief people officer of The Coca-Cola Company. (Photo: Business Wire) Photo Ashna Zaheer is assistant corporate secretary of The Coca-Cola Company. (Photo: Business Wire) Logo View this news release and multimedia online at: http://www.businesswire.com/news/home/20190425005747/en
5 Key Benefits of a Robo-Adviser
Robo-adviser is an automated online wealth management service or a class of digital online financial institutions that offer financial advice or investment management tips online with minimal human intervention. The algorithms are executed by software to allocate, manage and optimize clients’ assets. Being online, however, does not make it less effective and ideal financial institution as it has almost all the aspects of the physical human involvement.
6 Key Factors to Consider Before Making a Private Equity Investment
Private equity refers to investments funds structured as limited partnerships that are not listed on a public exchange and its investors include large institutional investors, wealthy individuals, and university endowments.
Top 4 Best Commodities to Invest
Commodity trading involves trading in commodity derivatives and spots. Commodity trading is very volatile and so investors should take relevant precautions before they enter into it. Commodity trading can help an investor to diversify their portfolio. It is an ideal investment that can significantly hedge you against the risk of inflation. Commodities traded mostly include agricultural products, minerals, and fossils.
5 Common Types of Financial Swaps
A swap is an act of exchanging one thing for another. In finance, swaps are derivatives wherein two counterparties exchange financial instruments. The swaps can involve an exchange of a series of cash flows of one party’s financial instrument for those of the other party’s financial instrument over a specific period of time. Swaps are mutual agreements that are easy to design and customize over the counter. They offer great flexibility that leads to many swap variations with each serving a given purpose. Reasons why parties agree to such arrangements: If their investments or repayment objectives change If it is beneficial financially to switch, to a new or alternative stream of cash flows compared to the existing ones To hedge against risks such as mitigation risks associated with a floating rate loan repayment. Here are the 5 common types of financial swaps: 1. Interest Rate Swap This is the most popular type of swaps. An interest rate swap is a contract between two parties to exchange a stream of future interest payments based on the principal amount. The parties exchange floating interest rate for a fixed rate or vice versa to increase or reduce exposure to interest rates volatility to obtain a marginally lower rate than would have been possible without the swap. It can also involve the exchange of one floating rate for another and usually occurs only to change the type or tenor of the floating rate index usually called basis swap. It usually occurs if a company can obtain a loan easily at one type of interest rate but prefers a different type of rates. 2. Currency Swaps Currency swaps involve the exchange of interest and in some cases of full exchange of principal amounts in one currency for the same but in another currency. It is also referred to as cross-currency swap as it involves foreign exchange transaction. It is a very flexible method of foreign exchange as maturities of the currency swaps are negotiable for at least 10 years. The interest rates can be floating or fixed and the exchange can be fixed vs. fixed, floating vs. floating and fixed vs. floating. The swap helps to hedge against interest rates and forex rates fluctuations for long-term investments. 3. Commodity Swaps A commodity swap is a financial derivative agreement where two parties agree to exchange cash flows which are reliant on the underlying commodity price. This swap is most common among people who use raw materials to produce finished products. It is used to hedge against the price of a commodity. It consists of a floating-leg component and a fixed-leg component where the floating-leg component is attached to the market price of the underlying commodity or agreed upon commodity index and the fixed-leg component is specified in the contract. These swaps are settled in cash but the physical delivery is predetermined in the contract. 4. Credit Default Swaps The credit default swap offers insurance in the event that third-party borrower defaults. It helps transfer between two or more parties the credit exposure of fixed income products. The swap buyer makes payment to the swap seller until the date of the maturity of the contract. The seller in return agrees that they will pay the buyer the security premiums in addition to all interest payments that would have been paid between that time and the security maturity date in the event that the debt issuer defaults. 5. Equity Swaps An equity swap is a financial derivative contract where two counterparties agree to exchange a set of future cash flows at set date’s n the future. The two cash flows are known as legs of the swap. The legs of the swap include the floating leg which is pegged to a floating rate such as LIBOR and the other leg component is the equity leg which is based n the performance of either a share of stock or a stock market index. Equity swaps help avoid transaction costs such as tax, limitations on leverage and get around policy governing a particular type of investment that an institution can grasp. Summary Swaps can be designed and structured in different ways to meet the needs of all the parties as they are offered over the counter (OTC). However, they are unregulated and so every investor should fully understand the implications of the swap before they enter into the contract.
Markups on Auto Loan Packages reach record high of $1,791, according to the Outside Financial Markup Index
Aberdeen Global Dynamic Dividend Fund Announces Update On Transition, Performance Data And Portfolio Composition
Aberdeen Total Dynamic Dividend Fund Announces Update On Transition, Performance Data And Portfolio Composition