GGM

BRI's Financial Performance Draws Analysts' Recommendations for its Shares

Retrieved on: 
Thursday, November 9, 2023

(IDX: BBRI)'s financial performance in Q3 2023 has ignited recommendations among analysts, who now advise 'buy' or 'hold' due to promising performance in the microsegment sector.

Key Points: 
  • (IDX: BBRI)'s financial performance in Q3 2023 has ignited recommendations among analysts, who now advise 'buy' or 'hold' due to promising performance in the microsegment sector.
  • PT UBS Sekuritas Indonesia's report raises BRI's target price to IDR 6,925, a 2-3% increase from their previous projection of IDR 6,700.
  • Furthermore, BNI Sekuritas targets BRI's price at IDR 6,000, in line with its current 1-year Price-to-Book Value of 2.3x, matching its 5-year average.
  • Despite asset quality challenges in Q3-2023 for mass-market-focused financial institutions, Q4 improvements propelled by election-related funding are expected.

African Union: climate action offers organisation unique chance for revival

Retrieved on: 
Thursday, July 20, 2023

Reporters, however, failed at the time to pick up on one notable point: that the initiative was not taken within the framework of the African Union (AU).

Key Points: 
  • Reporters, however, failed at the time to pick up on one notable point: that the initiative was not taken within the framework of the African Union (AU).
  • This is yet another illustration of the fact that this organisation is struggling to establish itself on the international stage.
  • The institution, which replaced the Organisation of African Unity (OAU) in 2002 and brings together the continent’s 55 states, is based on the model of the European Union (EU).

The African Union, a secondary player in international relations

    • The number of Turkish diplomatic representations has more than tripled in just 20 years, and China is now the leading investor in Africa.
    • Despite all this, Africa’s role on the international stage has not fundamentally changed since the 19th century.
    • In the eyes of the outside world, the African continent remains largely a passive subject, a mere supplier of raw materials.

Reforming the African Union and identifying its key objectives

    • In this respect, two documents dating from several years ago, whose recommendations have been insufficiently implemented, contain some interesting ideas.
    • Objective 7 seems the most likely to generate the massive global support that the pan-African institution really needs.

Great Green Wall and Congo Basin as continental priorities

    • We recently suggested stepping up climate communication and public diplomacy on the Congo Basin.
    • Bodies such as the Congo Basin Blue Fund, the Congo Basin Forest Partnership (CBFP), the Central African Forest Commission (COMIFAC), and the PAFC Congo Basin Initiative (CBI) are, from this point of view, large-scale environmental initiatives that have already prompted the AU’s main partners to commit themselves wholeheartedly.

Climate action and the African Union

    • In light of the above, we believe that climate action and diplomacy, particularly through the GGW initiative and the Congo Basin, could help the AU to restore its international image.
    • À lire aussi :
      Grande muraille verte au Sahel : les défis de la prochaine décennie

      Climate action backed by the Congo Basin could yet add more weight to the AU’s diplomacy.

    • It is essential that the African Union plays a central role in climate diplomacy.
    • The industrialised countries will be among the first beneficiaries of successful action on the GGW and the Congo Basin.

Galaxy Announces First Quarter 2023 Financial Results

Retrieved on: 
Tuesday, May 9, 2023

Net income of $134 million for the first quarter 2023, income before tax and non-cash equity compensation of $163 million1

Key Points: 
  • Net income of $134 million for the first quarter 2023, income before tax and non-cash equity compensation of $163 million1
    Re-segmented financial reporting into three complementary operating businesses: Galaxy Global Markets, Galaxy Asset Management and Galaxy Digital Infrastructure Solutions
    NEW YORK, May 9, 2023 /CNW/ - Galaxy Digital Holdings Ltd. (TSX: GLXY) ("Galaxy", the "Company" or "GDH Ltd.") today released financial results for the three months ended March 31, 2023 for both itself and Galaxy Digital Holdings LP (the "Partnership" or "GDH LP").
  • Our first quarter 2023 results are a validation of the investments we have made in our business to drive long-term growth and lead the evolution of the digital asset industry," said Michael Novogratz, Founder and CEO of Galaxy.
  • Income before tax and non-cash equity compensation is not a standardized financial measure under the financial reporting framework used to prepare Galaxy's financial statements and might not be comparable to similar financial measures disclosed by other issuers.
  • Beginning the first quarter, Galaxy re-segmented its financial reporting into three complementary operating businesses: Galaxy Global Markets ("GGM"), Galaxy Asset Management ("GAM"), and Galaxy Digital Infrastructure Solutions ("GDIS").

Monster Galaxy Tokenomics Evolution: A New Chapter

Retrieved on: 
Wednesday, March 8, 2023

Monster Galaxy will immediately burn the 655 million GGM tokens that remain unvested.

Key Points: 
  • Monster Galaxy will immediately burn the 655 million GGM tokens that remain unvested.
  • Monster Galaxy will host several Buyback and Burn Events beginning on April 1st 2023.
  • MGold is the new dedicated currency for rewards (tasks, achievements, events) and purchases within the Monster Galaxy game.
  • For everything that's on the horizon for the MOGA DAO and for Monster Galaxy more broadly, be sure to take a look at the latest additions to our roadmap .

LORI G. FELDMAN BECOMES NAME PARTNER AND GEORGE GESTEN McDONALD, PLLC IS NOW GEORGE FELDMAN McDONALD, PLLC

Retrieved on: 
Monday, February 27, 2023

LAKE WORTH, Fla., Feb. 27, 2023 /PRNewswire/ -- Effective February 27, 2023, George Gesten McDonald, PLLC ("GGM") has changed its name to George Feldman McDonald, PLLC ("GFM"), as Lori G. Feldman has become a name partner – www.4-Justice.com .

Key Points: 
  • LAKE WORTH, Fla., Feb. 27, 2023 /PRNewswire/ -- Effective February 27, 2023, George Gesten McDonald, PLLC ("GGM") has changed its name to George Feldman McDonald, PLLC ("GFM"), as Lori G. Feldman has become a name partner – www.4-Justice.com .
  • Lori's stellar career has included appointments as Lead and Co-Lead Counsel in a wide variety of securities fraud and consumer fraud class actions throughout the United States.
  • Lori has devoted her professional career to tenaciously fighting for the rights of her clients.
  • Ms. Feldman noted: "It is an honor to play an integral part in growing this firm.

GGM Announces Updated October 2021 Distribution Payable Date

Retrieved on: 
Friday, October 8, 2021

A portion of this distribution is estimated to be a return of capital rather than income.

Key Points: 
  • A portion of this distribution is estimated to be a return of capital rather than income.
  • As of this announcement, the sources the fund distribution are estimates.
  • Unless otherwise noted, the distribution above is not anticipated to include a return of capital.
  • If a distribution consists of something other than ordinary income, a Section 19(a) notice detailing the anticipated source(s) of the distribution will be made available.

Guggenheim Investments Announces October 2021 Closed-End Fund Distributions

Retrieved on: 
Friday, October 1, 2021

Distributions may be paid from sources of income other than ordinary income, such as short-term capital gains, long-term capital gains or return of capital.

Key Points: 
  • Distributions may be paid from sources of income other than ordinary income, such as short-term capital gains, long-term capital gains or return of capital.
  • Guggenheim Investments is the global asset management and investment advisory division of Guggenheim Partners, LLC (Guggenheim), with over $255 billion* in assets under management across fixed income, equity, and alternative strategies.
  • Guggenheim Investments includes Guggenheim Funds Investment Advisors, LLC (GFIA), Guggenheim Partners Investment Management (GPIM), and Guggenheim Funds Distributors, LLC (GFD).
  • Guggenheim Investments represents the following affiliated investment management businesses of Guggenheim Partners, LLC: Guggenheim Partners Investment Management, LLC, Security Investors, LLC, Guggenheim Funds Distributors, LLC, Guggenheim Funds Investment Advisors, LLC, Guggenheim Corporate Funding, LLC, Guggenheim Partners Europe Limited, Guggenheim Partners Fund Management (Europe) Limited, Guggenheim Partners Japan Limited, GS GAMMA Advisors, LLC, and Guggenheim Partners India Management.

Guggenheim Investments Announces Shareholder Approval of the Mergers of GPM, GGM and GOF

Retrieved on: 
Tuesday, September 14, 2021

The Special Meeting was adjourned with respect to GOF in order to allow GOF shareholders additional time to vote on the Mergers.

Key Points: 
  • The Special Meeting was adjourned with respect to GOF in order to allow GOF shareholders additional time to vote on the Mergers.
  • Guggenheim Investments is the global asset management and investment advisory division of Guggenheim Partners, LLC (Guggenheim), with over $255 billion* in assets under management across fixed income, equity, and alternative strategies.
  • Guggenheim Investments includes Guggenheim Funds Investment Advisors, LLC (GFIA), Guggenheim Partners Investment Management (GPIM), and Guggenheim Funds Distributors, LLC (GFD).
  • Guggenheim Investments represents the following affiliated investment management businesses of Guggenheim Partners, LLC: Guggenheim Partners Investment Management, LLC, Security Investors, LLC, Guggenheim Funds Distributors, LLC, Guggenheim Funds Investment Advisors, LLC, Guggenheim Corporate Funding, LLC, Guggenheim Partners Europe Limited, Guggenheim Partners Fund Management (Europe) Limited, Guggenheim Partners Japan Limited, GS GAMMA Advisors, LLC, and Guggenheim Partners India Management.

Guggenheim Energy & Income Fund Announces Quarterly Distribution

Retrieved on: 
Wednesday, September 1, 2021

Under normal market conditions, the Fund will invest at least 70% of its Managed Assets in securities of energy companies.

Key Points: 
  • Under normal market conditions, the Fund will invest at least 70% of its Managed Assets in securities of energy companies.
  • Guggenheim Investments is the global asset management and investment advisory division of Guggenheim Partners, LLC (Guggenheim), with over $255 billion* in assets under management across fixed income, equity, and alternative strategies.
  • Guggenheim Investments includes Guggenheim Funds Investment Advisors, LLC (GFIA), Guggenheim Partners Investment Management (GPIM), and Guggenheim Funds Distributors, LLC (GFD).
  • Guggenheim Investments represents the following affiliated investment management businesses of Guggenheim Partners, LLC: Guggenheim Partners Investment Management, LLC, Security Investors, LLC, Guggenheim Funds Distributors, LLC, Guggenheim Funds Investment Advisors, LLC, Guggenheim Corporate Funding, LLC, Guggenheim Partners Europe Limited, Guggenheim Partners Fund Management (Europe) Limited, Guggenheim Partners Japan Limited, GS GAMMA Advisors, LLC, and Guggenheim Partners India Management.

Guggenheim Investments Announces Results and Adjournment of Special Shareholder Meeting for the Mergers of GPM, GGM and GOF

Retrieved on: 
Tuesday, August 24, 2021

The Special Meeting was adjourned with respect to GOF in order to allow GOF shareholders additional time to vote on the Mergers.

Key Points: 
  • The Special Meeting was adjourned with respect to GOF in order to allow GOF shareholders additional time to vote on the Mergers.
  • The Special Meeting with respect to GOF will reconvene on Tuesday, September 14 at 10:00 a.m. Central time.
  • Upon closing of the Mergers, GOF would continue to be subject to its current investment objectives, policies and restrictions.
  • Guggenheim Investments includes Guggenheim Funds Investment Advisors, LLC (GFIA), Guggenheim Partners Investment Management (GPIM), and Guggenheim Funds Distributors, LLC (GFD).