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ROSEN, A LEADING LAW FIRM, Reminds Las Vegas Sands Corp. Investors of Important December 21 Deadline in Securities Class Action; Encourages Investors with Losses in Excess of $100K to Contact the Firm – LVS

NEW YORK, Dec. 03, 2020 (GLOBE NEWSWIRE) — Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Las Vegas Sands Corp. (NYSE: LVS) between February 27, 2016 and September 15, 2020, inclusive (the “Class Period”), of the important December 21, 2020 lead plaintiff deadline in securities class action. The lawsuit seeks to recover damages for Las Vegas Sands investors under the federal securities laws.

To join the Las Vegas Sands class action, go to http://www.rosenlegal.com/cases-register-1948.html or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] or [email protected] for information on the class action.

According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Marina Bay Sands, a Las Vegas Sands resort in Singapore, casino’s control measures pertaining to fund transfers had weaknesses; (2) the Marina Bay Sands’ casino was consequently prone to illicit fund transfers that implicated, among other issues, the transfer of customer funds to unauthorized persons and potential breaches in the Company’s anti-money laundering procedures; (3) the foregoing foreseeably increased the risk of litigation against the Company, as well as investigation and increased oversight by regulatory authorities; (4) Las Vegas Sands had inadequate disclosure controls and procedures; (5) consequently, all the foregoing issues were untimely disclosed; and (6) as a result, the Company’s public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than December 21, 2020. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. If you wish to join the litigation, go to http://www.rosenlegal.com/cases-register-1948.html or to discuss your rights or interests regarding this class action, please contact Phillip Kim, Esq. of Rosen Law Firm toll free at 866-767-3653 or via e-mail at [email protected] or [email protected].

NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU MAY RETAIN COUNSEL OF YOUR CHOICE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT. AN INVESTOR’S ABILITY TO SHARE IN ANY POTENTIAL FUTURE RECOVERY IS NOT DEPENDENT UPON SERVING AS LEAD PLAINTIFF.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 3 each year since 2013. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm’s attorneys are ranked and recognized by numerous independent and respected sources. Rosen Law Firm has secured hundreds of millions of dollars for investors. Attorney Advertising. Prior results do not guarantee a similar outcome.

——————————-

Contact Information:

        Laurence Rosen, Esq.
        Phillip Kim, Esq.
        The Rosen Law Firm, P.A.
        275 Madison Avenue, 40th Floor
        New York, NY 10016
        Tel: (212) 686-1060
        Toll Free: (866) 767-3653
        Fax: (212) 202-3827
        [email protected]
        [email protected]
        [email protected]
        www.rosenlegal.com



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PropTech Investment Corporation II Announces Pricing of Upsized $200,000,000 Initial Public Offering

NEW YORK, Dec. 03, 2020 (GLOBE NEWSWIRE) — PropTech Investment Corporation II (the “Company”) announced today that it priced its upsized initial public offering of 20,000,000 units at $10.00 per unit. The units will be listed on the Nasdaq Capital Market (“Nasdaq”) and will begin trading tomorrow, Friday, December 4, 2020, under the ticker symbol “PTICU.” Each unit consists of one share of the Company’s Class A common stock and one-third of one redeemable warrant, each whole warrant entitling the holder thereof to purchase one share of Class A common stock at a price of $11.50 per share. Only whole warrants are exercisable and will trade.  Once the securities comprising the units begin separate trading, shares of the Class A common stock and warrants are expected to be listed on Nasdaq under the symbols “PTIC” and “PTICW,” respectively.

The offering is expected to close on Tuesday, December 8, 2020, subject to customary closing conditions.

The Company is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. While the Company may pursue an initial business combination target in any stage of its corporate evolution or in any industry or sector, it intends to concentrate its efforts in identifying high quality business that provide technological innovation to the real estate industry, or PropTech. The Company is led by Co-Chief Executive Officers Thomas D. Hennessy and M. Joseph Beck.

Cantor Fitzgerald & Co. is acting as the sole book running manager for the offering. Northland Capital Markets is acting as lead manager. The Company has granted the underwriters a 45-day option to purchase up to an additional 3,000,000 units at the initial public offering price to cover over-allotments, if any.

The offering is being made only by means of a prospectus. Copies of the prospectus may be obtained, when available, from Cantor Fitzgerald & Co., Attention: Capital Markets, 499 Park Avenue, 5th Floor New York, New York 10022; Email: [email protected].

A registration statement relating to these securities has been filed with, and declared effective by, the Securities and Exchange Commission on December 3, 2020.  This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

FORWARD-LOOKING STATEMENTS

This press release contains statements that constitute “forward-looking statements,” including with respect to the initial public offering and the anticipated use of the net proceeds. No assurance can be given that the offering discussed above will be completed on the terms described, or at all, or that the net proceeds of the offering will be used as indicated. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company’s registration statement and preliminary prospectus for the offering filed with the Securities and Exchange Commission (“SEC”). Copies are available on the SEC’s website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

Contacts

Cody Slach, Matt Glover
Gateway
(949) 574-3860
[email protected]  



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AM Best Affirms Credit Ratings of Anthem, Inc. and Its Subsidiaries

AM Best Affirms Credit Ratings of Anthem, Inc. and Its Subsidiaries

OLDWICK, N.J.–(BUSINESS WIRE)–AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a+” of the core Blue Cross Blue Shield-branded insurance subsidiaries of Anthem, Inc. (Anthem) (Indianapolis, IN) [NYSE:ANTM]. Concurrently, AM Best has affirmed the Long-Term ICR of “bbb+”, the Long- and Short-Term Issue Credit Ratings (Long-Term IR; Short-Term IR) of Anthem and the Long-Term IR on the existing surplus notes of Anthem Insurance Companies, Inc. (Indianapolis, IN).

Furthermore, AM Best has affirmed the FSR of A- (Excellent) and the Long-Term ICRs of “a-” of the UNICARE Life & Health Group (UNICARE) and AMERIGROUP Health Companies (AMERIGROUP).

The outlook of these Credit Ratings (ratings) is stable. See below for detailed listing of the companies and Long-Term IRs.

The Blue Cross Blue Shield-branded entities, also referred to as Anthem Health Group (Anthem Health), are part of the core subsidiaries of Anthem. The ratings of Anthem Health reflect its balance sheet strength, which AM Best categorizes as very strong, as well as its strong operating performance, favorable business profile and appropriate enterprise risk management (ERM).

Anthem Health’s risk-adjusted capitalization is viewed as strongest, as measured by Best’s Capital Adequacy Ratio (BCAR). The Anthem Health entities comprise the main source of earnings and dividends for the parent organization, Anthem, with dividends from subsidiaries exceeding $3 billion in each of the past two years, and projected to be in line with these levels in 2020. The Anthem Health entities generally have been able to grow capital despite these dividend payments. Anthem Health’s reported underwriting results and net income in aggregate have been favorable with some fluctuations at the product and entity level. The Anthem Health entities have reported underwriting income of approximately $4 billion per year and net income of approximately $3 billion to $4 billion annually, with return on revenue in the 5-6% range and return on equity of approximately 30% in the past few years. The group has good product and geographic diversity, as Anthem operates Blue Cross Blue Shield plans in 14 states with excellent brand recognition and leading market share in the majority of its states. While there is geographic limitation to its business, based on the Blue Cross/Blue Shield licenses, the companies have a solid presence across its various product offerings, including small-mid-large and national accounts and the fully insured and self-insured segments, as well as through BlueCard.

Anthem Health’s ERM is managed by Anthem­ in conjunction with local oversight and involvement. Anthem has a well-established, developed ERM program that has a formalized governance structure and is considered appropriate for its risk profile. Risk identification and reporting are completed on a regular basis throughout the year and incorporated into the organization’s strategic planning process.

Anthem has strong and well-diversified revenue and earnings through its Blue Cross Blue Shield-branded entities in 14 states, as well as its non-Blue-branded entities under AMERIGROUP and UNICAREs, and has developed its integrated medical and pharmacy benefit management organization, Ingenio RX, which provides additional nonregulated income. Financial leverage at Anthem declined to approximately 38.5% as of the end of third-quarter 2020 and AM Best expects financial leverage to moderate slightly through a combination of eliminating existing debt and increases in shareholders’ equity. Earnings before interest and taxes interest coverage was adequate at 8.9 times for 2019, improving in each of the past two years. The holding company maintains ample liquidity with access to a $2.5 billion revolving-credit facility, a $1 billion, 364-day senior revolving credit facility, a $3.5 billion commercial paper program and access to the Federal Home Loan Bank through several of its insurance subsidiaries. However, AM Best considers Anthem’s goodwill plus intangibles to equity as high, at over 92%, through September 2020. Furthermore, AM Best acknowledges that a portion of the intangibles is the Blue Cross Blue Shield trademarks, which are required to operate as a Blue Cross Blue Shield-branded entity.

The ratings of Anthem Life Insurance Group (Anthem Life) reflect its balance sheet strength, which AM Best categorizes as strongest, as well as its strong operating performance, neutral business profile and appropriate ERM. Anthem Life has ample capital with all members adequately capitalized, and AM Best has assessed its risk-adjusted capital at the strongest BCAR level. While Anthem has taken dividends, none were taken in 2019, and capital expansion overall has not been hindered significantly. Anthem Life has produced favorable operating results, with some fluctuations, but the organization has typically reported double-digit returns on equity in the midteen range. The business written by this group is not a main focus for the overall organization and its product offerings complement those offered by Anthem Health, specifically in the employer group market.

The ratings of AMERIGROUP reflect its balance sheet strength, which AM Best categorizes as weak, as well as its strong operating performance, favorable business profile, appropriate ERM and its strategic importance to Anthem. On a consolidated basis, capitalization for the AMERIGROUP operating entities has increased to nearly $2 billion. Risk-adjusted capital, as measured by BCAR, improved in 2019, but remained weak. Capital measures improved incrementally in 2019, mainly due to retained earnings exceeding large dividends to the parent; however, these companies still have a weak level of risk-adjusted capital in support of their current business and investment risk. AM Best notes that Anthem is in a good capital position for the size of its operations and its financial flexibility, and has supported AMERIGROUP as needed. Additionally, the group produces very favorable operating results and is a material contributor to revenue, earnings and cash flow for its parent. AMERIGROUP has built excellent brand awareness and has solid enrollment in its core markets, and allows Anthem access to Medicaid markets outside of its core Blue Cross Blue Shield states.

The ratings of UNICARE reflect its balance sheet strength, which AM Best categorizes as adequate, as well as its adequate operating performance, limited business profile, appropriate ERM and support from as well as strategic importance to Anthem. On a consolidated basis, capital for the UNICARE operating entities increased significantly in 2019 due to a sizeable contribution from its parent combined with positive operating results. As a result, the companies’ risk-adjusted capital has improved dramatically in support of their current growing business and investment risk. Investments are conservative and provide sufficient liquidity to the group. UNICARE has produced good operating results in aggregate, although premiums and earnings have fluctuated widely. Earnings increased again through year-end 2019, as did business growth, mainly from assumed business. UNICARE is one of Anthem’s brands in the Medicaid market and has a limited scope of business, writing primarily Medicaid and dual Medicare-Medicaid business. Through UNICARE, Anthem has licenses in all 50 states, Washington DC and Puerto Rico; nevertheless, premiums are generated predominantly from 10 states.

The FSR of A (Excellent) and the Long-Term ICRs of “a+” of the following subsidiaries of Anthem, Inc.have been affirmed with a stable outlook:

  • Anthem Blue Cross Life and Health Insurance Company
  • Anthem Health Plans of Kentucky, Inc.
  • Anthem Health Plans of Maine, Inc.
  • Anthem Health Plans of New Hampshire, Inc.
  • Anthem Health Plans of Virginia, Inc.
  • Anthem Health Plans, Inc.
  • Anthem Insurance Companies, Inc.
  • Anthem Kentucky Managed Care Plan, Inc.
  • Anthem Life & Disability Insurance Company
  • Anthem Life Insurance Company
  • BlueCare Health Plan
  • Blue Cross Blue Shield Healthcare Plan of Georgia, Inc.
  • Blue Cross Blue Shield of Wisconsin
  • Blue Cross of California
  • Community Insurance Company
  • Compcare Health Services Insurance Corporation
  • Empire HealthChoice Assurance, Inc.
  • Empire HealthChoice HMO, Inc.
  • Greater Georgia Life Insurance Company
  • HealthKeepers, Inc.
  • Healthy Alliance Life Insurance Company
  • HMO Colorado, Inc.
  • HMO Maine
  • HMO Missouri, Inc.
  • Matthew Thornton Health Plan, Inc.
  • Rocky Mountain Hospital and Medical Service, Inc.

The FSR of A- (Excellent) and the Long-Term ICRs of “a-” of the following subsidiaries of Anthem, Inc.have been affirmed with a stable outlook:

  • UNICARE Life & Health Insurance Company
  • UNICARE Health Plan of West Virginia, Inc.
  • AMERIGROUP Community Care of New Mexico, Inc.
  • AMERIGROUP Maryland, Inc.
  • AMERIGROUP New Jersey, Inc.
  • AMERIGROUP Tennessee, Inc.
  • AMERIGROUP Texas, Inc.
  • AMGP Georgia Managed Care Company, Inc.
  • AMERIGROUP Washington, Inc.
  • AMERIGROUP Insurance Company
  • AMERIGROUP Kansas Inc.
  • Community Care Health Plan of Louisiana, Inc.
  • Community Care Health Plan of Nevada, Inc.

The following Long-Term IRs have been affirmed with a stable outlook:

Anthem, Inc.—

— “bbb+” on $700 million 3.70% senior unsecured notes, due 2021

— “bbb+” on $850 million 3.125% senior unsecured notes, due 2022

— “bbb+” on $750 million 2.95% senior unsecured notes, due 2022

— “bbb+” on $1 billion 3.3% senior unsecured notes, due 2023

— “bbb+” on $800 million 3.50% senior unsecured notes, due 2024

— “bbb+” on $850 million 3.35% senior unsecured notes, due 2024

— “bbb+” on $1.25 billion 2.375% senior unsecured notes, due 2025

— “bbb+” on $1.6 billion 3.65% senior unsecured notes, due 2027

— “bbb+” on $1.25 million 4.101% senior unsecured notes, due 2028

— “bbb+” on $825 million 2.875% senior unsecured notes, due 2029

— “bbb+” on $1.1 billion 2.25% senior unsecured notes, due 2030

— “bbb+” on $499 million 5.95% senior unsecured notes, due 2034

— “bbb+” on $900 million 5.85% senior unsecured notes, due 2036

— “bbb+” on $800 million 6.375% senior unsecured notes, due 2037

— “bbb+” on $300 million 5.80% senior unsecured notes, due 2040

— “bbb+” on $900 million 4.625% senior unsecured notes, due 2042

— “bbb+” on $1.5 billion 2.75% senior unsecured convertible debentures, due 2042

— “bbb+” on $1.0 billion 4.65% senior unsecured notes, due 2043

— “bbb+” on $800 million 4.65% senior unsecured notes, due 2044

— “bbb+” on $600 million 5.10% senior unsecured notes, due 2044

— “bbb+” on $1.4 billion 4.375% senior unsecured notes, due 2047

— “bbb+” on $850 million 4.55% senior unsecured notes, due 2048

— “bbb+” on $825 million 3.70% senior unsecured notes, due 2049

— “bbb+” on $1.0 billion 3.125% senior unsecured notes, due 2050

— “bbb+” on $250 million 4.85% senior unsecured notes, due 2054

Anthem Insurance Companies, Inc.—

— “a-” on $25.1 million 9.0% surplus notes, due 2027

The following Short-Term IR has been affirmed:

Anthem, Inc.—

— AMB-2 on commercial paper program

The following indicative Long-Term IRs have been assigned with a stable outlook to its new shelf registration. The ratings on the previous shelf registration have been withdrawn:

Anthem, Inc.—

— “bbb+” on senior unsecured debt

— “bbb” on subordinated debt

— “bbb-” on preferred stock

This press release relates to Credit Ratings that have been published on AM Best’s website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see AM Best’s Recent Rating Activity web page. 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 media use of Best’s Credit Ratings and AM Best press releases, please view Guide for Media – Proper Use of Best’s Credit Ratings and AM Best Rating Action Press Releases.

AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in New York, London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit www.ambest.com.

Copyright © 2020 by A.M. Best Rating Services, Inc. and/or its affiliates. ALL RIGHTS RESERVED.

Joseph Zazzera, MBA

Director

+1 908 439 2200, ext. 5797

[email protected]

Christopher Sharkey

Manager, Public Relations

+1 908 439 2200, ext. 5159

[email protected]

Sally Rosen

Senior Director

+1 908 439 2200, ext. 5280

[email protected]

Jim Peavy

Director, Communications

+1 908 439 2200, ext. 5644

[email protected]

KEYWORDS: Europe United States North America New Jersey

INDUSTRY KEYWORDS: Insurance Professional Services

MEDIA:

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INVESTOR ALERT: Kirby McInerney LLP Announces an Investigation of Shareholder Claims Against Kandi Technologies Group

NEW YORK, Dec. 03, 2020 (GLOBE NEWSWIRE) — The law firm of Kirby McInerney LLP is investigating potential claims against Kandi Technologies Group (“Kandi” or the “Company”) (NASDAQ: KNDI). The investigation focuses on whether the Company has violated the federal securities laws and/or engaged in other unlawful business practices.

On November 30, 2020, Hindenburg Research (“Hidenberg”) published a research report concerning Kandi Technologies Group, Inc., calling Kandi “a brazen scheme” that “falsif[ied] revenue using fake sales to undisclosed affiliates.” Hindenburg said that its report was based on “interviews with over a dozen former employees and business partners” of Kandi, as well as an “extensive on-the-ground inspection at Kandi’s factories and customer locations in China.” Hindenburg asserted that approximately 64% of Kandi’s sales in the last twelve months were to undisclosed related parties, and that Kandi “has consistently booked revenue it cannot collect, a classic hallmark of fake revenue.” 

On this news, Kandi’s stock price fell by $3.86 per share, or approximately 28%, to close at $9.76 per share on November 30, 2020.

If you purchased or otherwise acquired Kandi securities, have information, or would like to learn more about these claims, please contact Thomas W. Elrod of Kirby McInerney LLP at 212-371-6600, by email at [email protected], or by filling out this contact form, to discuss your rights or interests with respect to these matters without any cost to you.


Kirby McInerney LLP
 is a New York-based plaintiffs’ law firm concentrating in securities, antitrust, whistleblower, and consumer litigation. The firm’s efforts on behalf of shareholders in securities litigation have resulted in recoveries totaling billions of dollars. Additional information about the firm can be found at Kirby McInerney LLP’s website: http://www.kmllp.com.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Contacts
Kirby McInerney LLP
Thomas W. Elrod, Esq.
212-371-6600
https://www.kmllp.com
[email protected]



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AEO Updates Payment of Deferred First Quarter Cash Dividend of $0.1375 Per Share, Due to Strong Financial Condition

AEO Updates Payment of Deferred First Quarter Cash Dividend of $0.1375 Per Share, Due to Strong Financial Condition

PITTSBURGH–(BUSINESS WIRE)–
American Eagle Outfitters (NYSE: AEO) announced that its Board of Directors has updated the record and payment dates of the previously-deferred first quarter 2020 cash dividend, which originally was declared on March 26, 2020 and deferred on April 2, 2020 in response to store closures resulting from the COVID-19 pandemic. The $0.1375 per share cash dividend is now payable on December 30, 2020 to stockholders of record at the close of business on December 16, 2020.

Jay Schottenstein, Executive Chairman of the Board and Chief Executive Officer commented, “In light of a strong third quarter and the significant progress we’ve made to strengthen our financial liquidity after the onset of COVID-19, we are pleased to pay our deferred first quarter dividend before the close of 2020. We have a long track record of consistent shareholder returns, and I look forward to reinstating our regular quarterly cash dividend and share repurchase program once business visibility improves.”

About American Eagle Outfitters, Inc.

American Eagle Outfitters, Inc. (NYSE: AEO) is a leading global specialty retailer offering high-quality, on-trend clothing, accessories and personal care products at affordable prices under its American Eagle® and Aerie® brands. Our purpose is to show the world that there’s REAL power in the optimism of youth. The company operates stores in the United States, Canada, Mexico, and Hong Kong, and ships to 81 countries worldwide through its websites. American Eagle and Aerie merchandise also is available at more than 200 international locations operated by licensees in 26 countries. For more information, please visit www.aeo-inc.com.

SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995

This release and related statements by management contain forward-looking statements (as such term is defined in the Private Securities Litigation Reform Act of 1995), which represent our expectations or beliefs concerning future events. All forward-looking statements made by the company involve material risks and uncertainties and are subject to change based on many important factors, some of which may be beyond the company’s control. Words such as “estimate,” “project,” “plan,” “believe,” “expect,” “anticipate,” “intend,” “potential,” and similar expressions may identify forward-looking statements. Except as may be required by applicable law, we undertake no obligation to publicly update or revise any forward-looking statements whether as a result of new information, future events or otherwise and even if experience or future changes make it clear that any projected results expressed or implied therein will not be realized. The following factors, in addition to the risks disclosed in Item 1A., Risk Factors, of the company’s Annual Report on Form 10-K for the fiscal year ended February 1, 2020 and in any subsequently-filed Quarterly Reports on Form 10-Q filed with the Securities and Exchange Commission in some cases have affected, and in the future could affect, the company’s financial performance and could cause actual results for the fourth quarter 2020 and beyond to differ materially from those expressed or implied in any of the forward-looking statements included in this release or otherwise made by management: the impact that the COVID-19 pandemic, the 2020 U.S. Presidential election and disruption related to social unrest will have on our operations and financial results, which is difficult to accurately predict; the risk that the company’s operating, financial and capital plans may not be achieved; our inability to anticipate customer demand and changing fashion trends and to manage our inventory commensurately; seasonality of our business; our inability to achieve planned store financial performance; our inability to react to raw material cost, labor and energy cost increases; our inability to gain market share in the face of declining shopping center traffic; our inability to respond to changes in e-commerce and leverage omni-channel demands; our inability to expand internationally; difficulty with our international merchandise sourcing strategies; challenges with information technology systems, including safeguarding against security breaches; and changes in global economic and financial conditions, and the resulting impact on consumer confidence and consumer spending, as well as other changes in consumer discretionary spending habits, which could have a material adverse effect on our business, results of operations and liquidity.

Olivia Messina

412-432-3300

[email protected]

KEYWORDS: United States North America Pennsylvania

INDUSTRY KEYWORDS: Teens Women Children Finance Men Specialty Professional Services Fashion Consumer Retail

MEDIA:

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Fiserv Selected to Further Bank of Queensland’s Digital Strategy

Fiserv Selected to Further Bank of Queensland’s Digital Strategy

Fintech will enable debit card program for Bank of Queensland and Virgin Money Australia

BRISBANE, Queensland–(BUSINESS WIRE)–Fiserv, Inc. (NASDAQ: FISV), a leading global provider of payments and financial services technology solutions, has been selected by the Bank of Queensland (BOQ) Group to deliver a card issuing and management solution that can support multiple brands and products for BOQ and Virgin Money Australia (Virgin Money).

BOQ and Virgin Money will leverage VisionPlus® from Fiserv, an end-to-end managed services solution that enables card issuing and processing with global economies of scale and integrated capabilities that span the card lifecycle.

The solution will initially be utilised by Virgin Money to support a new debit card program that will form part of the Bank’s comprehensive new digital offering. The service will be live for Virgin Money in 2020 supporting Virgin Money’s marketing launch of the Digital Bank in early 2021. VisionPluswill enable streamlined card issuance and management for both physical and digital cards, as well as in-demand functionality, such as the ability for customers to add cards to their digital wallet directly from Virgin Money’s mobile banking app.

“Banking is all about relationships and, increasingly, these relationships are built on a digital foundation,” said Greg Boyle, CEO of Virgin Money Australia. “Offering seamless, end-to-end digital banking and payment services is an essential part of delivering on our commitment to making banking simple and rewarding for our customers.”

Hosted in Australia and tailored for local requirements, VisionPlussupports both local and global card schemes. For financial institutions looking for scalable and cost-effective technology and operational support as they grow, the managed service solution offers a sustainable model in competitive markets like Australia.

“Fiserv has a long and successful relationship with BOQ and we are proud to help enable their digitisation strategy as they work to meet customer needs in a rapidly evolving market,” said Kees Kwakernaak, General Manager of Fiserv in Australia and New Zealand. “The service-oriented architecture and open APIs of VisionPlus offer significant flexibility, facilitating delightful customer experiences and allowing innovative capabilities to be rolled out quickly.”

In a world moving faster than ever before, Fiserv helps clients deliver solutions in step with the way people live and work today – financial services at the speed of life. Learn more at fiserv.com.

About Bank of Queensland

Bank of Queensland (BOQ) is one of Australia’s leading regional banks. We pride ourselves on building long-term customer relationships that are based on mutual respect and understanding. We have more than 160 branches across Australia and in each and every one of them you’ll find us really getting to know our customers and recognising the things they need. It’s how we’ve been doing business since 1874. We’re one of the top 100 Australian companies ranked by market capitalisation on the Australian Securities Exchange and are regulated by the Australian Prudential Regulation Authority as an Authorised Deposit-taking Institution.

About Virgin Money

You probably know the Virgin brand – trusted globally and well-known for shaking things up and providing real alternatives when we think people deserve a fairer go. It’s in our DNA to challenge the norm and do things differently.

At Virgin Money, we’re passionate about helping people realise bigger possibilities through the delivery of beautifully simple and rewarding financial products, all backed by Virgin’s great customer service. We reject the notion of complex financial services. Instead we aim for clarity and simplicity in everything we do. Our current offering spans credit cards, home loans, superannuation, life insurance, income protection, home & contents insurance, car insurance and travel insurance.

About Fiserv

Fiserv, Inc. (NASDAQ: FISV) aspires to move money and information in a way that moves the world. As a global leader in payments and financial technology, the company helps clients achieve best-in-class results through a commitment to innovation and excellence in areas including account processing and digital banking solutions; card issuer processing and network services; payments; e-commerce; merchant acquiring and processing; and the Clover® cloud-based point-of-sale solution. Fiserv is a member of the S&P 500® Index and the FORTUNE® 500, and is among FORTUNE Magazine World’s Most Admired Companies®. Visit fiserv.com and follow on social media for more information and the latest company news.

FISV-G

Media Relations:

Dorothy Wu

Marketing & Communications Director

Fiserv, Inc.

+852 5506 0228

[email protected]

Media Relations:

Tracy Hicks

Head of Corporate Affairs

Bank of Queensland

+61 439 540 960

[email protected]

KEYWORDS: Australia/Oceania Australia

INDUSTRY KEYWORDS: Professional Services Data Management Technology Mobile/Wireless Software Finance Banking

MEDIA:

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First Vanadium Corp. to Webcast Live at VirtualInvestorConferences.com December 9th

Company invites individual and institutional investors, as well as advisors and analysts, to attend real-time, interactive presentations on VirtualInvestorConferences.com

PR Newswire

VANCOUVER, BC, Dec. 3, 2020 /PRNewswire/ — First Vanadium Corp. (OTCQX: FVANF) (TSXV: FVAN), based in Vancouver, BC, Canada, focused on gold and vanadium, today announced that Paul Cowley, President & CEO, will present live at VirtualInvestorConferences.com on December 9th.

DATE: December 9th, 2020

TIME: 9am EST

LINK: https://bit.ly/3f2vL7P

This will be a live, interactive online event where investors are invited to ask the company questions in real-time. If attendees are not able to join the event live on the day of the conference, an archived webcast will also be made available after the event.

It is recommended that investors pre-register and run the online system check to expedite participation and receive event updates.

Learn more about the event at www.virtualinvestorconferences.com.

Recent Company Highlights

  • Nov 30, 2020: Drilling Identifies Gold System Stretching 1.4km at its Gold Target on the Carlin Gold Trend, Nevada; Drilling Ongoing
  • Nov 6, 2020: Resumes Drilling on its Gold Target in the Carlin Gold Trend, Nevada
  • Nov 2, 2020: Identifies Large-scale Carlin-type Gold System with First Hole on its Property on the Carlin Gold Trend, Nevada


About First Vanadium Corp.

First Vanadium has pivoted to its gold opportunity on the Carlin Vanadium-Gold Project located 6 miles south from the town of Carlin, Nevada on the Carlin Gold Trend. From the Company’s first hole announced in early November 2020 in the gold target, it has identified a large-scale Carlin-type gold system, led by renowned mine finder, Dave Mathewson. Vector drilling is now underway. The same property also hosts North America’s largest primary vanadium resource.

About Virtual Investor Conferences
®
Virtual Investor Conferences (VIC) is the leading proprietary investor conference series that provides an interactive forum for publicly-traded companies to meet and present directly with investors.

A real-time solution for investor engagement, Virtual Investor Conferences is part of OTC Market Group’s suite of investor relations services specifically designed for more efficient Investor Access.  Replicating the look and feel of on-site investor conferences, Virtual Investor Conferences combine leading-edge conferencing and investor communications capabilities with a comprehensive global investor audience network.

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SOURCE VirtualInvestorConferences.com

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FINAL DEADLINE ALERT: ROSEN, A LEADING NATIONAL FIRM, Reminds Royal Caribbean Cruises Ltd. Investors of Important December 7 Deadline in Securities Class Action – RCL

NEW YORK, Dec. 03, 2020 (GLOBE NEWSWIRE) — Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Royal Caribbean Cruises Ltd. (NYSE: RCL) between February 4, 2020 and March 17, 2020, inclusive (the “Class Period”) of the important December 7, 2020 lead plaintiff deadline in the securities class action. The lawsuit seeks to recover damages for Royal Caribbean investors under the federal securities laws.

To join the Royal Caribbean class action, go to http://www.rosenlegal.com/cases-register-1966.html or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] or [email protected] for information on the class action.

According to the lawsuit, defendants throughout the Class Period made materially false and/or misleading statements and/or failed to disclose material adverse facts about Royal Caribbean’s decrease in bookings outside China and its faulty policies and procedures to prevent the circulation of COVID-19 on its cruise ships. Specifically, regarding global bookings, Royal Caribbean: (1) misled investors to believe that any issue related to COVID-19 was relatively insignificant; (2) falsely assured investors that bookings outside China were strong with no signs of a slowdown; and (3) failed to disclose that the Company was experiencing material declines in bookings globally due to customer concerns over COVID-19. Additionally, regarding safety procedures, Royal Caribbean: (1) falsely assured investors that it implemented rigorous safety protocols; (2) stated such protocols were expected to ultimately contain the spread of COVID-19; and (3) failed to disclose that its ships were following grossly inadequate protocols that would foster the spread of COVID-19 and pose a substantial risk to passengers and crews. When the true details entered the market, the lawsuit claims that investors suffered damages.

A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than December 7, 2020. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. If you wish to join the litigation, go to http://www.rosenlegal.com/cases-register-1966.html or to discuss your rights or interests regarding this class action, please contact Phillip Kim, Esq. of Rosen Law Firm toll free at 866-767-3653 or via e-mail at [email protected] or [email protected].

NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU MAY RETAIN COUNSEL OF YOUR CHOICE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT. AN INVESTOR’S ABILITY TO SHARE IN ANY POTENTIAL FUTURE RECOVERY IS NOT DEPENDENT UPON SERVING AS LEAD PLAINTIFF.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 3 each year since 2013. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm’s attorneys are ranked and recognized by numerous independent and respected sources. Rosen Law Firm has secured hundreds of millions of dollars for investors. Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

        Laurence Rosen, Esq.
        Phillip Kim, Esq.
        The Rosen Law Firm, P.A.
        275 Madison Avenue, 40th Floor
        New York, NY 10016
        Tel: (212) 686-1060
        Toll Free: (866) 767-3653
        Fax: (212) 202-3827
        [email protected]
        [email protected]
        [email protected]
        www.rosenlegal.com



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Terrace Global Applauds United Nations Approval of World Health Organization Recommendation to Reschedule Cannabis

Terrace Global Applauds United Nations Approval of World Health Organization Recommendation to Reschedule Cannabis

TORONTO–(BUSINESS WIRE)–
Terrace Global Inc. (“Terrace Global” or the “Company”) (TSXV:TRCE), a multi-country operator focused on the development and acquisition of international cannabis assets, applauds the historic vote held by the United Nations Commission on Narcotic Drugs on Wednesday, December 2, 2020 accepting a World Health Organization (WHO) recommendation to remove cannabis and cannabis resin from Schedule IV of the 1961 Single Convention on Narcotic Drugs. On October 20, 2020, Terrace Global announced a transaction whereby The Flowr Corporation (TSXV: FLWR) will, subject to certain terms and conditions, acquire all of issued and outstanding common shares in the capital of Terrace Global at a purchase price of $0.22 per share payable in shares of Flowr at an implied price of $0.44 per Flowr share (the “Transaction”).

“We view this approval as an important next step to the broader acceptance internationally of the use of cannabis as a medicine and as potentially laying the groundwork for further deregulation of cannabis. There appears to be a ground swell of interest in the regulation of legal cannabis outside of North America with Germany and Portugal now having full-fledged medical cannabis regimes and Luxembourg considering an adult-use program,” commented Francisco Ortiz von Bismarck, Chief Executive Officer of Terrace Global. “The proposed combination of our business and significant capital resources with the extensive production capacity that Flowr has in Portugal at its E.U. GMP facility and with its outdoor and greenhouse capacity, we believe will well-position the combined company in the future to capitalize on the expansion of other countries’ move to legalize cannabis.”

For more information with respect to the Transaction, please see the news release dated October 20, 2020 and the management information circular dated November 13, 2020 (the “Circular”), which are available on SEDAR at www.sedar.com.

About Terrace Global:

Terrace Global is a multi-country operator (MCO) led by experienced cannabis entrepreneurs focused on the development and acquisition of international cannabis assets. Terrace Global’s focus is on federally legal jurisdictions with existing domestic demand, low cost inputs and approved for exportation. For more information, please see www.terraceglobal.ca.

FORWARD-LOOKING STATEMENTS

This news release contains certain forward-looking statements, including, but not limited to, statements about the Company’s future plans and intentions, including without limitation the Transaction. Wherever possible, words such as “may”, “will”, “should”, “could”, “expect”, “plan”, “intend”, “anticipate”, “believe”, “estimate”, “predict” or “potential” or the negative or other variations of these words, or similar words or phrases, have been used to identify these forward-looking statements. These statements reflect management’s current beliefs and are based on information currently available to management as at the date hereof.

Forward-looking statements involve significant risk, uncertainties and assumptions. Many factors could cause actual results, performance or achievements to differ materially from the results discussed or implied in the forward-looking statements. These factors should be considered carefully and readers should not place undue reliance on the forward-looking statements. Readers should read refer to the Circular for additional information, including terms and conditions and risk factors, relating Transaction. Although the forward-looking statements contained in this news release are based upon what management believes to be reasonable assumptions, the Company cannot assure readers that actual results will be consistent with these forward-looking statements. These forward-looking statements are made as of the date of this news release, and the Company assumes no obligation to update or revise them to reflect new events or circumstances, except as required by law.

Neither the TSX Venture Exchange (the “TSXV”) nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.

Terrace Global Inc.

Francisco Ortiz von Bismarck, CEO and Director

E-mail: [email protected]

KEYWORDS: North America Canada

INDUSTRY KEYWORDS: Agriculture Alternative Medicine Natural Resources Health Pharmaceutical

MEDIA:

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TTEC Declares $2.14 Per Share Special Cash Dividend

PR Newswire

DENVER, Dec. 3, 2020 /PRNewswire/ — TTEC Holdings, Inc. (NASDAQ: TTEC), a leading global Customer Experience as a Service (CXaaS) partner for many of the world’s most iconic and disruptive brands, announced that its Board of Directors today declared a special, one-time cash dividend of $2.14 per share of TTEC common stock, or approximately $100 million. The dividend is payable on December 30, 2020 to shareholders of record as of December 18, 2020.

“Our exceptionally strong year-to-date financial performance, cash flow and balance sheet strength, and favorable outlook supports our decision to return additional capital in the form of a special cash dividend to our stockholders,” said Ken Tuchman, TTEC’s chairman and chief executive officer. “This special dividend alongside our regular semi-annual dividend aligns with our long-term capital management plan, while prudently continuing to execute under our strategic priorities of maintaining our market leadership and investing in our organic and inorganic growth.”

About
 TTEC 
TTEC Holdings, Inc. (NASDAQ: TTEC) is a leading digital customer experience (CX) technology and services company focused on the design, implementation, and delivery of transformative solutions for many of the world’s most iconic and disruptive brands and government agencies. The Company delivers outcome-based customer engagement solutions through TTEC Digital, its digital consultancy that designs and builds human centric, tech-enabled, insight-driven customer experience solutions for clients and TTEC Engage, its delivery center of excellence, that operates customer acquisition, care, fraud prevention and detection, and content moderation services. Founded in 1982, the Company’s 56,200 employees operate on six continents across the globe and live by a set of customer-focused values that guide relationships with clients, their customers, and each other. To learn more about how TTEC is bringing humanity to the customer experience, visit www.ttec.com


Investor Contact

Paul Miller

+1.303.397.8641


Media Contact

Nick Cerise

+1.303.397.8331


Address

9197 South Peoria Street

Englewood, CO 80112


Contact

ttec.com

+1.800.835.3832

 

 

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SOURCE TTEC Holdings, Inc.