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Veteran Portfolio Manager Gordon D. Grender Joins Gabelli Asset Management Company (GAMCO)

Veteran Portfolio Manager Gordon D. Grender Joins Gabelli Asset Management Company (GAMCO)

LONDON–(BUSINESS WIRE)–
GAMCO Investors, Inc. (NYSE:GBL) announced today that veteran portfolio manager Gordon D. Grender, will join Gabelli Asset Management UK as Managing Director where he will be responsible for portfolio management. Mr. Grender’s initial portfolio assignments includes being added to the Gabelli Small Cap Growth fund, a $1.8 billion portfolio launched in October 1991. Mr. Grender will be based in the firm’s London office.

“Gordon brings a wealth of investment experience to the GAMCO team,” said Mario Gabelli, Chairman of GAMCO. He has been actively involved as a North American fund manager since 1974, and is regarded as an out and out value investor, prone to be contrarian and has ‘unrivalled knowledge’ of North American smaller companies. Most recently, Gordon was the portfolio manager for a US Equity Fund at GAM International Management Ltd. (“GAM”), a Swiss based global asset management firm. At GAM, Gordon was the firm’s longest serving portfolio manager, having been hand selected by GAM’s founder Mr. Gilbert deBotton at GAM’s founding in 1983. Mr. Grender also is the chairman of the Jupiter US Smaller Companies PLC. (LSE:“JUS”), a London Stock Exchange listed investment trust.

“I am delighted to have this opportunity to work with Mario Gabelli”, commented Mr. Grender. “I first met Mario through GAM and am very excited about joining a company which has been very successful over many years. My principal objective, dating back to 1964 when I started in this industry, is to generate absolute returns for investors. My fundamental view is that it is important to be active and visit with small and midsize companies regularly – some of my best ideas surfaced from talking to managements about their industries.”

Mario Gabelli, furthered, “I have known Gordon dating back to 1987 when Gilbert deBotton entrusted us with his clients’ assets and launched the GAM GAMCO Fund on October 20, 1987, the day immediately following “black Monday”, October 19th, 1987. We have long talked about working together over the years and are delighted to have finally sealed the relationship. We share a fundamental, bottom-up investing approach. This is a perfect time when narrowly defined market performance exacerbates distortions in capital allocation. This is a great opportunity to bring additional active management strength to our London presence, particularly in the underappreciated and undervalued U.S. small cap arena.”

John Ball, Chief Operating Officer of Gabelli Funds, said, “We are pleased to have Gordon join GAMCO. The firm will benefit from his extensive portfolio experience across a broad spectrum of industries and asset classes. We look forward to his contributions to the portfolio management team.”

Mr. Ball added “We at Gabelli are active, bottom up, value investors, and seek to achieve real capital appreciation (relative to inflation) over the long term regardless of market cycles. We achieve returns by investing in businesses utilizing our proprietary Private Market Value (“PMV”) with a Catalyst™ methodology. PMV is the value that we believe an informed buyer would be willing to pay to acquire an entire company in a private transaction. Our team arrives at a PMV valuation by a rigorous assessment of fundamentals from publicly available information and judgment gained from our comprehensive, accumulated knowledge of a variety of sectors. We focus on the balance sheet, earnings, free cash flow, and the management of prospective companies. We are not index benchmarked and construct portfolios agnostic of market capitalization and index weightings. We have invested this way since 1976.”

Gabelli has operated an equity research office in central London for more than twenty years under its division GAMCO UK. The firm currently manages 15 investment companies or closed-end funds and is a known innovator in the field of closed-end funds, dating back to the initial public offering of the Gabelli Equity Trust in August 1986. The firm’s two Luxembourg UCITS offerings provide investors outside of the U.S. with direct access to GAMCO’s proprietary Private Market Value with a Catalyst™ stock selection process. GAMCO Investors, Inc. (NYSE:GBL), through its subsidiaries, manages assets of private advisory accounts (GAMCO), mutual funds and closed-end funds (Gabelli Funds, LLC), and is known for its Private Market Value with a Catalyst™ style of investment.

THE INFORMATION HEREIN IS NOT A PROSPECTUS. THE INFORMATION HEREIN AND IN THE FUND’S PROSPECTUS IS NOT COMPLETE AND IS SUBJECT TO CHANGE. A REGISTRATION STATEMENT, WHICH INCLUDES THE FUND’S PROSPECTUS, RELATING TO THESE SECURITIES HAS BEEN FILED WITH THE SECURITIES AND EXCHANGE COMMISSION (“SEC”), BUT HAS NOT YET BECOME EFFECTIVE. THIS DOCUMENT IS NOT AN OFFER TO SELL ANY SECURITIES AND IS NOT SOLICITING AN OFFER TO BUY ANY SECURITIES IN ANY JURISDICTION WHERE THE OFFER OR SALE IS NOT PERMITTED. THIS DOCUMENT IS NOT AN OFFERING, WHICH CAN ONLY BE MADE BY A PROSPECTUS. INVESTORS SHOULD CONSIDER THE FUND’S INVESTMENT OBJECTIVE, RISKS, CHARGES AND EXPENSES CAREFULLY BEFORE INVESTING. THE FUND’S FINAL PROSPECTUS, WHEN AVAILABLE, WILL CONTAIN THIS AND ADDITIONAL INFORMATION ABOUT THE FUND, AND SHOULD BE READ CAREFULLY BEFORE INVESTING. FOR FURTHER INFORMATION REGARDING THE FUND, OR TO OBTAIN A FINAL PROSPECTUS, WHEN AVAILABLE, PLEASE CONTACT US AT:

One Corporate Center

Rye, New York 10580-1422

Telephone: 800-GABELLI (800-422-3554)

www.gabelli.com

Evan Miller

+44 203 206 2100

For further information please visit

www.gabelli.com

KEYWORDS: New York Europe United States United Kingdom North America

INDUSTRY KEYWORDS: Finance Consulting Banking Professional Services Other Professional Services

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Leading ETF Issuers Sign on to Virtu’s eNAV ETF Analytics Tool Featuring MarketAxess’ Composite+ for Fixed Income Securities

NEW YORK, Nov. 23, 2020 (GLOBE NEWSWIRE) — Virtu Financial, Inc. (NASDAQ: VIRT) and MarketAxess Holdings, Inc. (NASDAQ: MKTX), each a global leader in electronic trading and analytics, today announced leading exchange-traded fund (ETF) issuers Charles Schwab Investment Management, Inc. and WisdomTree Asset Management, Inc. as new clients of Virtu’s eNAV ETF analytics tool enhanced with MarketAxess’ award-winning Composite+, an AI-powered algorithmic pricing engine for corporate and emerging market bonds.

Rolled-out in 1Q 2020, Virtu’s eNAV ETF analytics tool offers real-time transparency for ETF valuations by calculating the bid and ask prices of ETFs based on their underlying components and/or proxy assets. As a complement, Composite+ combines both public (US TRACE) and proprietary MarketAxess data to produce an unbiased, two-sided market for more than 28,000 instruments globally. Updated every 15 to 60 seconds (depending on the liquidity of the instrument), the Composite+ engine generates nearly 30 million levels per day covering 90-95% of trading activity in its markets.

“We are excited that major ETF issuers understand and value the many benefits eNAV delivers,” said Douglas Cifu, Co-Founder and CEO of Virtu Financial. “By joining forces with MarketAxess we are empowering issuers to better understand market value and reliably monitor their ETFs in support of high quality and efficient execution by their investors. As long-time advocates for transparency, we believe eNAV will provide even greater clarity in ETF secondary market pricing and become the industry standard.”

Virtu’s eNAV supports a variety of trading functions including pre-trade price discovery and execution consultation, liquidity provision, post-trade transaction cost analysis, auto-execution and crossing. Coverage includes US-listed ETFs with domestic and international equities, commodity and fixed income holdings and can facilitate many use cases such as:

  • Monitoring and analyzing real-time bid-ask prices (updated as underlying components do) as well as real-time fair value pricing for ETF components trading outside of US time zones
  • Quote size analysis of both ETF secondary market liquidity and underlying component liquidity that demonstrates in much greater detail depth of market for each ETF
  • Profiling liquidity and comparing ETFs with same investment objectives

“We are excited to leverage our award-winning data product, Composite+ as part of our partnership with Virtu to bring real-time pricing accuracy and transparency to the fixed income ETF marketplace” said Chris Concannon, President and COO of MarketAxess. “As institutional investors increasingly adopt ETFs as portfolio tools, real-time portfolio pricing will be essential for execution efficiency.”

The eNAV ETF streaming product featuring MarketAxess Composite+ is accessible via Virtu’s online client Portal which includes access to a streaming API.

About Virtu Financial, Inc.

Virtu is a leading provider of financial services and products that leverages cutting-edge technology to deliver liquidity to the global markets and innovative, transparent trading solutions to its clients. Leveraging its global market making expertise and infrastructure, Virtu provides a robust product suite including offerings in execution, liquidity sourcing, analytics and broker-neutral, multi-dealer platforms in workflow technology. Virtu’s product offerings allow clients to trade on hundreds of venues across 50+ countries and in multiple asset classes, including global equities, ETFs, foreign exchange, futures, fixed income and myriad other commodities. In addition, Virtu’s integrated, multi-asset analytics platform provides a range of pre and post-trade services, data products and compliance tools that clients rely upon to invest, trade and manage risk across global markets.

Virtu Financial is headquartered in New York and has offices in Toronto, Dublin, London, Madrid, Paris, Austin, Boston, Chicago, Los Angeles, San Francisco, Hong Kong, Melbourne, Singapore, and Sydney.

For more information, please visit www.virtu.com or contact [email protected].

   About
MarketAxess

MarketAxess operates a leading, institutional electronic trading platform delivering expanded liquidity opportunities, improved execution quality and significant cost savings across global fixed-income markets. A global network of over 1,700 firms, including the world’s leading asset managers and institutional broker-dealers, leverages MarketAxess’ patented trading technology to efficiently trade bonds. MarketAxess’ award-winning Open Trading™ marketplace is regarded as the preferred all-to-all trading solution in the global credit markets, creating a unique liquidity pool for a broad range of credit market participants. Drawing on its deep data and analytical resources, MarketAxess provides automated trading solutions, market data products and a range of pre- and post-trade services.

MarketAxess is headquartered in New York and has offices in London, Amsterdam, Boston, Chicago, Los Angeles, Miami, Salt Lake City, San Francisco, São Paulo, Hong Kong and Singapore.

For more information, please visit www.marketaxess.com.

Contact:
   
Investor Relations Media Relations
Deborah Belevan, IRC, CPA   Andrew Smith
[email protected] [email protected]



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US Stock Dividends Dropped 3.9% While Global Dividends Fell 11% in Q3

US Stock Dividends Dropped 3.9% While Global Dividends Fell 11% in Q3

  • US dividends fell $6.7bn to $117.7bn in the third quarter
  • One in six US companies cut or cancelled dividends during the quarter
  • JHGDI fell to 176.0 a level last seen almost three years ago, as signs grow the worst is over for income investors

DENVER–(BUSINESS WIRE)–
As the pandemic continues to reshape the economic landscape, its impact on the dividend-paying capacity of the world’s companies has become clearer. According to the latest edition of the Janus Henderson Global Dividend Index, US dividends have proven to be resilient amid recent economic headwinds. However, after remaining unchanged in Q2, the US picture deteriorated in Q3, as dividend payments fell 5.4% on a headline basis to $117.7bn, equivalent to a 3.9% underlying decline. During the quarter, one in six US companies cancelled their dividends.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201123005463/en/

(Graphic: Business Wire)

(Graphic: Business Wire)

Globally, total dividend payouts made by the world’s largest 1,200 firms fell by $55bn to $329.8bn in the third quarter, their lowest level since 2016. The 14.3% headline decline was equivalent to a fall of 11.4% on an underlying basis, far better than Q2’s 18.3%1 decline.

Matt Peron, Director of Research at Janus Henderson said: “Despite falling in the third quarter, US stock dividends have remained firm in the face of a global pandemic thanks in large part to share buy-backs, which have been trimmed to preserve cash. The fourth quarter will be critical for income investors, as many US companies are determining their 2021 dividends. We expect payouts in the US and worldwide to grow again next year, particularly after we get past Q1 2021.”

In April, in the midst of the greatest pandemic-induced uncertainty, Janus Henderson calculated that global dividends could fall at least 15% this year, but by as much as 35% on an underlying basis. In July the team narrowed this range to -19% to -25%. Janus Henderson is now confident that the final figure will come in towards the top end of our expectations. The best case now sees a fall of -17.5% to $1.20 trillion on an underlying basis, equivalent to a headline drop of -15.7%. Our worst case sees underlying dividends declining -20.2% to $1.16 trillion, a headline drop of -18.5%. The best case would eradicate more than three years of dividend growth, costing investors $224bn in lost income this year.

Additional Highlights From The Janus Henderson Global Dividend Index

  • Globally, the worst dividend declines in Q3 came from consumer discretionary companies, down 43% in underlying terms, with car manufacturers and leisure companies making the deepest cuts. Media, aerospace and banks were also severely impacted. The most resilient sectors were classically defensive pharmaceuticals, food producers and food retailers, which all saw higher payouts on an underlying basis.
  • Q3 is China’s big dividend season and payouts there were 3.3% higher year-on-year. Three quarters of Chinese companies raised payouts or held them steady. Canada and Hong Kong were among the few major countries to see dividends rise too. The weakest results came from the UK, Australia, and the Netherlands.
  • Australian dividends have been among the hardest hit in the world. They fell 40.3% on an underlying basis, down to just $9.6bn, the lowest third-quarter total in at least 11 years, with cuts from the banks making a particularly large impact. UK payouts were 41.6% lower, while the cancellation of banking and brewing dividends impacted the Netherlands severely.
  • Excluding Australia, dividends from Asia-Pacific ex Japan were exactly flat year-on-year, reflecting the milder impact of the pandemic both on the population and on the economy, stronger balance sheets, lower payout ratios and because many of this quarter’s payouts relate to 2019 earnings and were fixed several months ago. Hong Kong enjoyed the fastest dividend growth in the developed world in Q3, with payouts rising 9.9% on an underlying basis to $21.7bn, the second highest quarterly total on record from the territory.

Past performance is no guarantee of future results. International investing involves certain risks and increased volatility not associated with investing solely in the UK. These risks included currency fluctuations, economic or financial instability, lack of timely or reliable financial information or unfavourable political or legal developments.

Notes to editors

Janus Henderson Group (JHG) is a leading global active asset manager dedicated to helping investors achieve long-term financial goals through a broad range of investment solutions, including equities, fixed income, quantitative equities, multi-asset and alternative asset class strategies.

As of September 30, 2020, Janus Henderson had approximately US$358 billion in assets under management, more than 2,000 employees, and offices in 27 cities worldwide. Headquartered in London, the company is listed on the New York Exchange (NYSE) and the Australian Securities Exchange (ASX).

Methodology

Each year Janus Henderson analyse dividends paid by the 1,200 largest firms by market capitalisation (as at 31/12 before the start of each year). Dividends are included in the model on the date they are paid. Dividends are calculated gross, using the share count prevailing on the pay date (this is an approximation because companies in practice fix the exchange rate a little before the pay date), and converted to US$ using the prevailing exchange rate. Where a scrip dividend is offered, investors are assumed to opt 100% for cash. This will slightly overstate the cash paid out, but we believe this is the most proactive approach to treat scrip dividends. In most markets it makes no material difference, though in some, particularly European markets, the effect is greater. Spain is a particular case in point. The model takes no account of free floats since it is aiming to capture the dividend paying capacity of the world’s largest listed companies, without regard for their shareholder base. We have estimated dividends for stocks outside the top 1,200 using the average value of these payments compared to the large cap dividends over the five-year period (sourced from quoted yield data). This means they are estimated at a fixed proportion of 12.7% of total global dividends from the top 1,200, and therefore in our model grow at the same rate. This means we do not need to make unsubstantiated assumptions about the rate of growth of these smaller company dividends. All raw data was provided by Exchange Data International with analysis conducted by Janus Henderson Investors.

This press release is solely for the use of members of the media and should not be relied upon by personal investors, financial advisers or institutional investors. We may record telephone calls for our mutual protection, to improve customer service and for regulatory record keeping purposes.

Issued by Janus Henderson Investors. Janus Henderson Investors is the name under which investment products and services are provided by Janus Capital International Limited (reg no. 3594615), Henderson Global Investors Limited (reg. no. 906355), Henderson Investment Funds Limited (reg. no. 2678531), AlphaGen Capital Limited (reg. no. 962757), Henderson Equity Partners Limited (reg. no.2606646), (each registered in England and Wales at 201 Bishopsgate, London EC2M 3AE and regulated by the Financial Conduct Authority) and Henderson Management S.A. (reg no. B22848 at 2 Rue de Bitbourg, L-1273, Luxembourg and regulated by the Commission de Surveillance du Secteur Financier). Henderson Secretarial Services Limited (incorporated and registered in England and Wales, registered no. 1471624, registered office 201 Bishopsgate, London EC2M 3AE) is the name under which company secretarial services are provided. All these companies are wholly owned subsidiaries of Janus Henderson Group plc. (incorporated and registered in Jersey, registered no. 101484, with registered office at 47 Esplanade, St Helier, Jersey JE1 0BD).

[Janus Henderson, Janus, Henderson, Perkins, Intech, Alphagen, VelocityShares, Knowledge Shared, Knowledge. Shared and Knowledge Labs] are trademarks of Janus Henderson Group plc or one of its subsidiaries. © Janus Henderson Group plc.

_________________________

1 Revised upwards from -19.1% – see report for more details

Sarah Johnson

T: 720-364-0708

E: [email protected]

KEYWORDS: Colorado United States North America

INDUSTRY KEYWORDS: Banking Professional Services Finance

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IIROC Trading Resumption – MTRX

Canada NewsWire

VANCOUVER, BC, Nov. 23, 2020 /CNW/ – Trading resumes in:

Company: Loop Insights Inc.

TSX-Venture Symbol: MTRX

All Issues: Yes

Resumption (ET): 9:30 AM

IIROC can make a decision to impose a temporary suspension (halt) of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. IIROC is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada.

SOURCE Investment Industry Regulatory Organization of Canada (IIROC) – Halts/Resumptions

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eBay Launches “Up & Running Grants” to Set Small Business Sellers Up for Success in 2021

eBay commits $500,000 in grant packages for small business sellers, as well as mentorship and resources for all applicants in collaboration with business accelerator Hello Alice

PR Newswire

SAN JOSE, Calif., Nov. 23, 2020 /PRNewswire/ — While the pandemic has been a challenging time for small businesses, it’s also opened up an entirely new pathway to success through ecommerce. In the lead up to the holiday season, and with demand for ecommerce at an all-time high, eBay is announcing a new grants program today to help small businesses stay up and running online.    

The Up & Running Grants are focused on ensuring today’s small businesses are here tomorrow by committing more than $500,000 in funding and education resources for existing business sellers to secure viability beyond 2020. The grants program builds on eBay’s long-standing commitment to small businesses and expands the company’s Up & Running initiative by offering 50 business sellers a $10,000 grant package. 

“Small businesses are the backbone of eBay, as well as the engine of jobs, progress, and prosperity for communities across the U.S. The launch of eBay’s Up & Running Grants program comes at a time when small businesses need investment and empowerment most,” said Jordan Sweetnam, GM and SVP eBay North America. “In such a challenging year, it was important for this program to provide a financial bridge and long-term support – so small businesses can keep their doors open today and lay the groundwork for future success.”

Up & Running Seller Grants Program
Through the Up & Running Grants program, 50 eBay small business sellers will each receive a grant package composed of $8,000 cash and $2,000 worth of eBay credits. In addition, recipients will also enjoy premium access to Seller School and direct training and coaching from expert sellers and eBay Growth Advisors. The program will help ensure sellers have the funding, education and resources to help grow their online business.

eBay is partnering with business accelerator Hello Alice to launch the grants program application and to provide access to mentorship and resources to all sellers who apply, whether they are ultimately chosen for a grant or not. Through Hello Alice, applicants will be enrolled in an online community of similar businesses for peer-to-peer networking and will also have access to their COVID-19 Business Center.

“Small business is the backbone of our economy.  We are thrilled to partner with eBay on their Up & Running Grants program to ensure founders succeed scaling their business online,” said Elizabeth Gore, Co-Founder and President of Hello Alice. “This has been a stressful year for many small business owners, and there is very little capital available to help owners through challenges this winter. Therefore this program’s funding and resources are a critical part of SMBs success in 2021 and beyond.”

Apply for an Up & Running Grant
From Monday, Nov. 23, through Friday, Dec. 11, 2020, eBay small business sellers are encouraged to apply for Up & Running Grants via an online application. Business sellers will be asked to share details of their small business and how they plan to use the grant to accelerate their growth. eBay is looking to identify sellers who represent a diverse range of backgrounds, bring their unique experiences and inventory to the marketplace, and are committed to their communities and the eBay ecosystem. To apply or learn more about eligibility requirements, sellers can visit ebay.helloalice.com.    

About Up & Running
In 2020, born out of the pandemic and an extension of the acclaimed Retail Revival program, eBay launched its Up & Running small business accelerator initiative. eBay pledged up to $100 million to help small businesses get and grow their businesses online, providing fee discounts, special guidance and resources to run their business on eBay. To learn more visit ebay.com/upandrunning. 

About eBay Seller School
eBay Seller School is a new virtual learning platform offering on-demand lessons, videos, and more to help every eBay seller thrive in our marketplace. Seller School offers both beginner-level and more advanced courses to help all sellers accelerate and scale their eBay business, regardless of their time and experience on the platform. Seller School is available anytime, from anywhere, and is 100% free. More information is available at ebay.com/smallbusiness.

About Hello Alice
Hello Alice is a free, multichannel platform that helps businesses launch and grow. With a community of more than 250,000 business owners in all 50 states and across the globe, Hello Alice is building the largest network of owners in the country while tracking data and trends to increase the success rate for entrepreneurs. Our partners include enterprise business services, government agencies, and institutions looking to serve small- and medium business owners to ensure increased revenues and promote scale. Founded by Carolyn Rodz and Elizabeth Gore, we believe in business for all by providing access to all owners, including women, people of color, veterans, and everyone with an entrepreneurial spirit. To learn more, visit www.helloalice.com.

For more information and applications, visit ebay.helloalice.com. Download the media kit here.

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/ebay-launches-up–running-grants-to-set-small-business-sellers-up-for-success-in-2021-301178594.html

SOURCE eBay Inc.

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Daniels Corporate Advisory Co. Inc (DCAC”) Increases Capitalization For (a) Creation of Lower Cost External Financing (b) Creation of Internal Options.

New York, New York, Nov. 23, 2020 (GLOBE NEWSWIRE) — Daniels Corporate Advisory Company (OTC: “DCAC” ) A private in-house funding source has indirectly been established through the issuance of 115,000,000 shares of 144 stock. The shares have been issued to the senior oversight executives and operations executive management of Daniels and its subsidiary Payless Truckers, Inc. Shares have also been issued to the principals of a Think Tank and to financial advisory professionals committed to fundraising. Over the next six months, every available source of capital will be pursed and closed, even the most expensive forms. The objective is and always has been for the rapid expansion of our high earning rental fleet and the use of its monthly generated cash flows for financing internal growth. The funds that are raised and eventually repaid through the trading activity of the common stock of Daniels (and not by a drain on the internal cash flows) will be leveraged with Term Loans from an institution and private high-net-worth loan money investors (without equity issuance) 

There are many uncertainties overhanging the Stock Market that should come to a head at the start of the New Year. Our expectations for the dollars raised from our Reg A equity offering at the beginning of the new year remain conservative. Even at our lower .estimate, the use of additional draw down amounts from Term Loan money will provide a leveraged capital base that could still help us toward attaining success in our first growth stage of Payless Truckers, Inc. The success of this initial stage brings our fleet size to 100 trucks generating a projected monthly Gross Rental of $325,000. Over a twelve month period this should produce Gross Rental Income of $3,900,000. These projections, to be included and updated to actual results as we advance in the Reg A fundraising process, should produce a fair market multiple that establishes a stock price range that makes the distribution of our Offering interesting to those market-makers/broker dealers that normally participate in quality Reg A Offerings, One of the main uses of the Offering Proceeds will be the reduction of the most expensive types of financing taken earlier.

After Completion of The Reg A Offering:

Use of the 115,000,000 shares: These shares were issued to reward past efforts and to incentivize long term allegiances. After the six month hold period on the 115,000.000 shares all management recipients are in agreement that as shares are sold under 144 volume restrictions a large percentage of the proceeds will be invested in the rental truck program to continue the expansion of our rental fleet. All private individual investors, now including our management, will receive 20% interest on their funds in our 48 month loan amortization program secured against discounted purchases of heavy-duty cabs/tractors (We are studying ways to include our stockholder base, either on a individual basis, or collectively, in this loan program. Reason for their participation: as our fleet grows are earnings will improve and so will our stock price.)


Safe
Harbor for
Forward-Looking Statements:

The statements above regarding the Company’ s expectations, its operations and certain other matters discussed in this press release may constitute forward-looking statements within the meaning of the federal securities laws and are subject to risks and uncertainties For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see Daniels Corporate Advisory Co. Inc. filings with the Securities and Exchange Commission, including the Company’s most recent reports on Form 10-K and 10-Q, and other SEC filings.

Press Release Contact:
Nicholas Viola
CEO
Email: [email protected]



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Kelly® Acquires Specialty Education Executive Search Firm, Greenwood/Asher & Associates

TROY, Mich., Nov. 23, 2020 (GLOBE NEWSWIRE) — Kelly (Nasdaq: KELYA, KELYB) today announced the acquisition of Greenwood/Asher & Associates, Inc., an executive search firm specializing primarily in higher education. Terms of the acquisition, which were effective November 18, were not disclosed. Greenwood/Asher, headquartered in Miramar Beach, Fla., will continue to operate under its own brand.

“Across the education landscape, the need for talent has never been greater, and Kelly has been diligently identifying adjacencies and growth opportunities to meet the increased demand for experienced education professionals,” said Peter Quigley, president and CEO, Kelly. “With the addition of Greenwood/Asher, we are formally expanding our solutions beyond K–12 and into the higher education space.”

“Founders Jan Greenwood and Betty Asher, and their team of dedicated consultants, researchers, and support staff built their practice into a premier executive search firm,” said Nicola Soares, president of Kelly Education. “Together with Greenwood/Asher, Kelly will identify, develop, and place top talent across the entire education segment.”

Greenwood/Asher President and Partner Jan Greenwood, Ph.D., said, “I’m proud to partner with Kelly. From K-12 through higher education, our clients can leverage Kelly’s global talent network and resources to move education forward in new ways.”

Executive Vice President and Partner Betty Asher, Ed.D., remarked, “I’m most excited about Kelly Education’s vision for the future of education, their commitment to lifelong learning, and how closely our shared values and passion for talent align. I’m eager about the expanded possibilities Kelly’s expertise will bring to our clients and our team.”

The acquisition of Greenwood/Asher is the third for Kelly Education in four years as the specialty business continues along its path as the top education workforce solutions provider.1

About Kelly

®

Kelly connects talented people to companies in need of their skills in areas including Science, Engineering, Education, Office, Contact Center, Light Industrial, and more. We’re always thinking about what’s next in the evolving world of work, and we help people ditch the script on old ways of thinking and embrace the value of all workstyles in the workplace. We directly employ nearly 440,000 people around the world, and we connect thousands more with work through our global network of talent suppliers and partners in our outsourcing and consulting practice. Visit kellyservices.com and let us help with what’s next for you.

About Greenwood/Asher & Associates, Inc.

Greenwood/Asher & Associates, Inc. is dedicated to elevating education leaders and the organizations they serve. Our core business is executive search and recruiting. Our long-term and continuing commitment to our clients has extended our services to include executive coaching, leadership development, and strategic consulting. Learn more about us at greenwoodsearch.com.

   

Contact Information:
 		 
Media Contact: Analyst Contact:
   
Anna Schryver
Kelly Education
[email protected] 
248-469-0522		 Jim Polehna
Kelly Services
[email protected] 
248-244-4586
   

___________________________________
1 Ranking by Staffing Industry Analysts, 2020



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Chicken Soup for the Soul Entertainment Launches Popcornflix Video-On-Demand on Plex

COS COB, Conn., Nov. 23, 2020 (GLOBE NEWSWIRE) — Chicken Soup for the Soul Entertainment (Nasdaq: CSSE) one of the largest operators of streaming advertising-supported video-on-demand (AVOD) networks, announced today its free AVOD Popcornflix will add a branded selection of its movies and TV shows to Plex’s video-on-demand library.

Following Crackle’s VOD launch on Plex in May 2020, Popcornflix is the latest addition of free-to-stream on-demand movies and TV shows from Crackle Plus on Plex. At launch, Popcornflix content is available exclusively to U.S. users, though Plex is available to consumers in more than 200 countries, with title availability varying by region.

President of Crackle Plus, Philippe Guelton said, “This launch further expands our already growing relationship with Plex. Popcornflix’s vast selection of classic and family movies and TV shows offers Plex viewers thousands more entertaining options in every genre and provides our viewers with even more ways to enjoy our content.”

“Plex wants to make finding movies and TV shows easy and enjoyable, and a key element of that is bringing consumers as many options as possible in one central location,” said Keith Valory, CEO at Plex. “Both the quality and quantity of our free movies and TV shows has grown exponentially and that is credited to partnerships with quality content providers like Popcornflix and Crackle.”

Available now, consumers have dozens of new free-to-stream choices from Popcornflix, such as: Drinking Buddies (Olivia Wilde, Anna Kendrick), Gerry (Casey Affleck, Matt Damon), On Golden Pond (Katharine Hepburn, Henry Fonda, Jane Fonda), and Yoga Hosers (Lily-Rose Depp, Harley Quinn Smith, Johnny Depp), as well as family-friendly TV series like 3rd Rock from the Sun (John Lithgow, Jane Curtin, Joseph Gordon-Levitt) and The Rifleman (Chuck Connors, Johnny Crawford, Paul Fix).

More information about Plex and its ad-supported video-on-demand offering can be found here plex.tv/freetv. To watch content from the Plex ad-supported video on demand library visit https://mediaverse.plex.tv/.

ABOUT CHICKEN SOUP FOR THE SOUL ENTERTAINMENT

Chicken Soup for the Soul Entertainment, Inc. (Nasdaq: CSSE) operates streaming video-on-demand networks (VOD). The company owns a majority stake in Crackle Plus, a company formed with Sony Pictures Television, which owns and operates a variety of ad-supported and subscription-based VOD networks including Crackle, Popcornflix, Popcornflix Kids, Truli, Pivotshare, Españolflix and FrightPix. The company also acquires and distributes video content through its Screen Media subsidiary and produces original long and short-form content through Landmark Studio Group, its Chicken Soup for the Soul Originals division and APlus.com. Chicken Soup for the Soul Entertainment is a subsidiary of Chicken Soup for the Soul, LLC, which publishes the famous book series and produces super-premium pet food under the Chicken Soup for the Soul brand name.

CRACKLE PLUS, A CHICKEN SOUP FOR THE SOUL COMPANY

Crackle Plus owns and operates ad-supported VOD networks Crackle and Popcornflix and garners 50 million streams of its movies and TV shows per month, making it one of the largest AVOD streaming platforms in the U.S. Crackle Plus has over 80,000 hours of content available across all its networks, and premieres at least one original and one exclusive program each month, differentiating it from other AVODs. Chicken Soup for the Soul Entertainment, Inc. (Nasdaq: CSSE) owns a majority stake in the company formed with Sony Pictures Television. Chicken Soup for the Soul Entertainment also acquires and distributes video content through its Screen Media subsidiary and produces original long and short-form content through Landmark Studio Group, its Chicken Soup for the Soul Originals division and APlus.com. Chicken Soup for the Soul Entertainment is a subsidiary of Chicken Soup for the Soul, LLC, which publishes the famous book series and produces super-premium pet food under the Chicken Soup for the Soul brand name.

A
BOUT
P
LEX

Plex is a popular platform for streaming all your favorite media from one beautiful app. A highly-rated app on all major devices, Plex is the most comprehensive streaming platform available, seamlessly combining, organizing, and streaming movies, tv shows, news, web shows, podcasts, music, live and recorded television, and personal media collections. With a highly customizable interface and smart recommendations based on the media you enjoy, Plex brings its users the best media experience on the planet from any device, anywhere. For more information, please visit https://plex.tv, or follow @plex on Twitter or on Facebook at https://www.facebook.com/plexapp.

FORWARD-LOOKING STATEMENTS

This press release includes forward-looking statements that involve risks and uncertainties. Forward-looking statements are statements that are not historical facts. Such forward-looking statements are subject to risks (including those set forth in the Company’s Annual Report on Form 10-K, filed with the Securities and Exchange Commission on March 30, 2020) and uncertainties which could cause actual results to differ from the forward-looking statements. The Company expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company’s expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based. Investors should realize that if our underlying assumptions for the projections contained herein prove inaccurate or that known or unknown risks or uncertainties materialize, actual results could vary materially from our expectations and projections.

INVESTOR RELATIONS
Taylor Krafchik
Ellipsis
[email protected]
(646) 776-0886

MEDIA CONTACT
Kate Barrette
RooneyPartners LLC
[email protected]
(212) 223-0561



Posted on

Adamas announces changes to its Board of Directors with the appointment of Spyros Papapetropoulos and the retirement of Ivan Lieberburg

EMERYVILLE, Calif., Nov. 23, 2020 (GLOBE NEWSWIRE) — Adamas Pharmaceuticals, Inc. (Nasdaq: ADMS) a company dedicated to developing and delivering medicines that make a meaningful difference to people affected by neurological diseases, today announced the appointment of Spyros Papapetropoulos, MD, PhD, to its Board of Directors. Spyros brings more than 20 years of academic and industry experience with a focus on neurology, and previously held R&D and scientific leadership roles at Acadia, Cavion, Teva, Pfizer, Allergan, and Biogen. Additionally, Adamas announced the retirement of Ivan Lieberburg, MD, PhD from the Adamas board.

“I would like to sincerely thank Ivan for his dedicated service to Adamas since 2004. He played a critical role through multiple successful NDA submissions and our evolution into a successful commercial organization. We wish him well,” said David L. Mahoney, Chairman, Adamas. “We are pleased to have Spyros join us at this next stage of growth. As a seasoned research and development leader, he will be an outstanding addition to our board.”

“Spyros’ extensive experience within neurodegenerative diseases and movement disorders, along with his track record of bringing meaningful therapies to market ideally position him to bring an important perspective to the board. I look forward to his contributions as we continue to deliver on our mission for patients and unlock shareholder value,” added Neil F. McFarlane, CEO.

“I am delighted to join Adamas at this exciting time in the journey towards being a leading neurology company,” said Spyros Papapetropoulos. “I very much look forward to being part of the company’s future growth and continued success.”

Throughout his career, Spyros has led multiple pharmaceutical development programs resulting in successful regulatory filings and product launches. Spyros is a board-certified Neurologist trained in London, UK, and has authored more than 160 peer-reviewed publications. Additionally, Spyros has served on various U.S. government and non-profit committees on healthcare and biomedical research innovation.

About Adamas

At Adamas, our vision is clear – to deliver innovative medicines that reduce the burden of neurological diseases on patients, caregivers, and society. We are a fully integrated company focused on growing a portfolio of therapies to address a range of neurological diseases. For more information, please visit www.adamaspharma.com.

Contact:

Media:

Sarah Mathieson
Vice President, Corporate Communications
510-450-3528
[email protected]

Investors:

Peter Vozzo
Managing Director, Westwicke
443-213-0505
[email protected] 



Posted on

Entravision Launches New Audio Streaming Hub, El Botón

Entravision Launches New Audio Streaming Hub, El Botón

SANTA MONICA, Calif.–(BUSINESS WIRE)–
Entravision Communications Corporation (NYSE: EVC), a leading global media and marketing technology company, today announced the launch of its new streaming destination, El Botón. Listeners can now stream their favorite Entravision radio shows and stations directly on their mobile phones or desktops by visiting elboton.com.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201123005486/en/

El Botón offers listeners access to top Spanish radio influencers all in a single destination. Through the simple click of a button, users can choose from 34 radio stations across 10 different formats. Begin the morning with positive messages from Alex “El Genio” Lucas or the laugh out loud comedy of El Flaco y Su Pandilla and The Shoboy Show. During the mid-day, take a break with the humorous renditions of El Show de Piolín, and in the late afternoon and evening enjoy the parody comedy of El Show de Erazno y La Chokolata. In addition to the online platform, Entravision will be introducing an El Botón mobile app in early 2021 with live chat, podcasts, playlists and social media channels.

“We are extremely excited to launch El Botón and provide all fans of Latino music with the ability to stream our award-winning content from the ease of their home computer or mobile device,” said Juan Saldívar, Entravision’s Chief Digital, Strategy and Accountability Officer. “The world of radio is quickly evolving, and it is no longer required to be in your car to listen to your favorite radio show. Streaming and digital radio is the wave of the future, and El Botón will provide audiences with greater listening flexibility anytime, anywhere.”

Audio listening is growing across multiple platforms, particularly amongst Hispanic Americans. In the most recent Nielsen Total Audience Report1, greater than one-third, or 37 percent, of Hispanic Americans report spending more time listening to radio since the onset of COVID-19, and, in particular, more time listening on their mobile phones, computers or smart speakers.

“We are regularly adapting and evolving our digital offerings to meet the needs of our audiences,” said Jessica Martinez, Entravision’s General Manager, U.S. Digital. “We are confident the launch of our new streaming platform El Botón will meet this demand.”

In celebration of the launch of El Botón, now through December 3rd consumers can win $500 through a special “Artist of the Day” cross promotion on elboton.com and El Show de Alex “El Genio” Lucas. Find the “Artist of the Day” posted daily on elboton.com, then listen to Alex “El Genio” Lucas each morning. When Alex “El Genio” Lucas plays one of that artist’s songs on his program, the 10th caller instantly wins the prize. Please visit here for the full contest rules.

About Entravision Communications Corporation

Entravision is a diversified global marketing, technology, and media company serving clients throughout the United States and in more than 20 countries across Latin America, Europe, and Asia. Our dynamic portfolio of services includes cutting-edge, proprietary marketing technologies and platforms, along with leading media and marketing audience-centric assets in the U.S., including 54 television stations and 48 Spanish-language radio stations that feature nationally recognized, award-winning talent. Entravision is the largest affiliate group of the Univision and UniMás television networks. In addition to broadcast, we offer mobile programmatic solutions and demand-side platforms, which allow advertisers to execute performance campaigns using machine-learned bidding algorithms to identify the ideal combination of creative assets, audience targeting, and pricing. Shares of Entravision Class A Common Stock trade on The New York Stock Exchange under the ticker symbol: EVC. Learn more about all of our marketing, media, and technology offerings at entravision.com or connect with us on LinkedIn and Facebook.

1 Nielsen Total Audience Report, August 2020.

Contact for Entravision:

Kimberly Esterkin

ADDO Investor Relations

[email protected]

310-829-5400

KEYWORDS: United States North America California

INDUSTRY KEYWORDS: Other Consumer Mobile/Wireless Technology Entertainment Online Mobile Entertainment Software TV and Radio Internet Consumer

MEDIA:

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