Accounting

Monetary asmmetries without (and with) price stickiness

Retrieved on: 
Friday, April 19, 2024
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Key Points: 

    EQS-News: Heidelberg Pharma announces financial figures and reports on successful business performance in 2023

    Retrieved on: 
    Wednesday, April 10, 2024

    Minority interest in Emergence sold: In summer 2023, Heidelberg Pharma sold its minority interest in Emergence Therapeutics AG, Duisburg, Germany, (Emergence).

    Key Points: 
    • Minority interest in Emergence sold: In summer 2023, Heidelberg Pharma sold its minority interest in Emergence Therapeutics AG, Duisburg, Germany, (Emergence).
    • As a result, Heidelberg Pharma lost sales revenue in the low single-digit millions for the 2023 financial year.
    • In April 2023, Heidelberg Pharma signed a termination agreement with Magenta under which all licensed ATAC rights and some Magenta patents were assumed by Heidelberg Pharma.
    • The Heidelberg Pharma Group includes two entities, Heidelberg Pharma AG and Heidelberg Pharma Research GmbH.

    Great Eagle Gold Corp. Welcomes Gene McBurney as Strategic Advisor and Announces Board and Management Reorganization

    Retrieved on: 
    Friday, April 5, 2024

    McBurney has a notable history of leading landmark transactions in natural resources, demonstrating his capability to deliver strategic outcomes for his clients.

    Key Points: 
    • McBurney has a notable history of leading landmark transactions in natural resources, demonstrating his capability to deliver strategic outcomes for his clients.
    • Additionally, Gene has extensive investment banking experience throughout the Caribbean and Latin America, with a special emphasis on Colombia.
    • Great Eagle Gold is pleased to announce Gary Harbottle as the new CFO, while also expressing gratitude to Martin Bajic for his dedicated service.
    • Great Eagle also regrets to announce the resignation of Kate Fehlenberg from the Board of Directors, but she will continue to provide advisory and consulting services to Great Eagle.

    GRJ Diversifies Portfolio with Tech-Driven Corsair Management Initiative

    Retrieved on: 
    Tuesday, April 2, 2024

    New York, New York--(Newsfile Corp. - April 2, 2024) - GRJ LLC, a prominent player in the New York real estate scene, has ventured into the property management sector with the establishment of Corsair Management.

    Key Points: 
    • New York, New York--(Newsfile Corp. - April 2, 2024) - GRJ LLC, a prominent player in the New York real estate scene, has ventured into the property management sector with the establishment of Corsair Management.
    • Corsair is GRJ LLC's third party property management company.
    • Corsair Management is the latest addition to GRJ LLC's ecosystem.
    • The decision to launch Corsair Management stemmed from GRJ LLC'S previous experiences with external management firms, which the company felt fell short of expectations.

    APA Corporation Announces Updates to Executive Leadership

    Retrieved on: 
    Tuesday, April 9, 2024

    HOUSTON, April 09, 2024 (GLOBE NEWSWIRE) -- APA Corporation (Nasdaq: APA) has announced updates to its executive leadership team to coincide with a restructuring of its development function and the integration of the recently closed acquisition of Callon Petroleum.

    Key Points: 
    • HOUSTON, April 09, 2024 (GLOBE NEWSWIRE) -- APA Corporation (Nasdaq: APA) has announced updates to its executive leadership team to coincide with a restructuring of its development function and the integration of the recently closed acquisition of Callon Petroleum.
    • “Building on the momentum of our recently closed acquisition, we are updating our leadership structure to better align with the evolving needs of our business,” said John J. Christmann, APA chief executive officer.
    • He currently serves on the board of Khalda Petroleum Company, a joint venture between APA subsidiary Apache Corporation and Egypt Petroleum Company.
    • Castlen Kennedy has been promoted to senior vice president, Corporate Affairs and Marketing reporting to Mark Maddox, executive vice president, Administration.

    Thumzup® Adds Paul Dickman to its Advisory Board

    Retrieved on: 
    Tuesday, April 9, 2024

    Los Angeles, CA, April 09, 2024 (GLOBE NEWSWIRE) -- Thumzup Media Corporation (“Thumzup” or the “Company”) (OTCQB: TZUP) proudly welcomes Paul Dickman to its Advisory Board, a strategic move aligning with the Company's efforts to up-list its shares to a national stock exchange.

    Key Points: 
    • Los Angeles, CA, April 09, 2024 (GLOBE NEWSWIRE) -- Thumzup Media Corporation (“Thumzup” or the “Company”) (OTCQB: TZUP) proudly welcomes Paul Dickman to its Advisory Board, a strategic move aligning with the Company's efforts to up-list its shares to a national stock exchange.
    • Prior to founding Breakwater MB, Dickman established Breakwater Corporate Finance, a professional services agency offering outsourced CFO and board governance services to private and micro-cap public companies.
    • “I am thrilled to join Thumzup’s Advisory Board and contribute to the company’s strategic direction,” said Paul Dickman.
    • I look forward to this new step of being able to work closely with the management team and board of directors to enhance our governance structures and support our up-listing objectives.”

    Ultimus LeverPoint Announces New Partnership with WCM Investment Management

    Retrieved on: 
    Tuesday, April 9, 2024

    CLIFTON PARK, N.Y., April 09, 2024 (GLOBE NEWSWIRE) -- Ultimus LeverPoint Private Fund Solutions (Ultimus), a leading independent provider of full-service, technology-enhanced fund administration, accounting, and investor solutions, is pleased to announce its latest partnership with WCM Investment Management, LLC (WCM), a renowned independent asset management firm based in Laguna Beach, CA, with approximately $90 billion in assets under management.

    Key Points: 
    • CLIFTON PARK, N.Y., April 09, 2024 (GLOBE NEWSWIRE) -- Ultimus LeverPoint Private Fund Solutions (Ultimus), a leading independent provider of full-service, technology-enhanced fund administration, accounting, and investor solutions, is pleased to announce its latest partnership with WCM Investment Management, LLC (WCM), a renowned independent asset management firm based in Laguna Beach, CA, with approximately $90 billion in assets under management.
    • In this partnership, Ultimus is providing fund administration for a number of WCM’s private funds, showcasing Ultimus’ ability to offer a unique and efficient fund servicing environment.
    • Recognizing the alignment of values and the potential for a strong partnership, WCM was impressed with Ultimus’ comprehensive, thoughtful response and tailored approach to their needs.
    • The partnership among multiple teams at Ultimus and WCM ensured a seamless transfer of WCM’s limited partners onto the Ultimus platform.

    Methode Electronics Announces CFO Transition Plan

    Retrieved on: 
    Monday, April 8, 2024

    Mr. Rawden has held multiple CFO and interim CFO positions at both publicly traded and private companies.

    Key Points: 
    • Mr. Rawden has held multiple CFO and interim CFO positions at both publicly traded and private companies.
    • "I would like to thank Ron for his many contributions to Methode and wish him the best in his retirement.
    • David is a seasoned finance executive, and Methode will benefit from his expertise over the next several months."
    • “I am proud of my time at Methode and am confident in the opportunities ahead for the company as I transition into retirement.”

    DB Roberts Welcomes Jeff Senter as Field Sales Manager for the Central United States.

    Retrieved on: 
    Monday, April 8, 2024

    WILMINGTON, Mass., April 08, 2024 (GLOBE NEWSWIRE) -- DB Roberts is thrilled to announce the appointment of Jeff Senter as the Central Field Sales Manager.

    Key Points: 
    • WILMINGTON, Mass., April 08, 2024 (GLOBE NEWSWIRE) -- DB Roberts is thrilled to announce the appointment of Jeff Senter as the Central Field Sales Manager.
    • Residing in the Greater Cleveland area, Jeff is set to play a pivotal role in steering the Central United States Field Sales Team, overseeing operations spanning Ohio, Texas, and Wisconsin.
    • Jeff is fully committed to mentoring sales personnel, unlocking their full potential, and ensuring unparalleled support for customers in the region.
    • His exceptional leadership skills, coupled with his background and experience, make him the perfect fit to lead our central sales efforts,” says Courtney Lorimer, National Field Sales Manager at DB Roberts.

    Undavia Group Files Definitive Proxy Statement and Issues Letter to GrafTech Shareholders

    Retrieved on: 
    Wednesday, April 3, 2024

    BOCA RATON, Fla., April 03, 2024 (GLOBE NEWSWIRE) -- Nilesh Undavia issued the following statement on April 3, 2024:

    Key Points: 
    • Shareholders and bondholders have suffered wanton value destruction: shares are down 90% since the IPO and the Company’s bonds trade at 64 cents on the dollar.
    • Mr. Undavia has invested significant capital in buying GrafTech shares, representing approximately 5.9% of the Company’s outstanding shares.
    • The Undavia Group (Nilesh Undavia and certain family trusts) have filed with the SEC a definitive proxy statement on Schedule 14A (the “Proxy Statement”), containing a form of BLUE proxy card, with respect to its solicitation of proxies for the Annual Meeting.
    • Copies of the documents filed by the Undavia Group are available free of charge by accessing the website at https://www.icomproxy.com/EAF .