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"Aristotle and Dante Dive Into the Waters of the World" picks up where Sáenz's 2012 coming-of-age tale left off. It's due out this fall.
Aid organizations working in Yemen said Tuesday their programs will be severely cut after a U.N. appeal for aid to the world’s worst humanitarian disaster fell well short of its goal. U.N. Secretary-General Antonio Guterres had appealed for $3.85 billion this year to address the impoverished Arab country’s dire needs. Yemen has been caught in a grinding war since 2014 when Iran-backed Houthi rebels descended from their northern enclave and took over Sanaa, forcing the internationally recognized president to flee.
It’s not possible to hand out all 84 Grammy Awards during the televised ceremony, so for many years the bulk of the trophies have been given out during the afternoon before the big show at the Premiere Ceremony — often called the “pre-tel.” While the ceremony is not as glamorous or well-attended as the main […]
AGERpoint, Inc. ("AGERpoint"), a leader in geospatial intelligence and data engineering for natural environments, has appointed Kevin Lang as the company’s Chief Executive Officer.
Did I see this coming? Yes. Do I accept it? No.
Press ReleaseMarch 2, 2021 - N° 6 SCOR announces the publication of its 2020 Universal Registration Document SCOR’s 2020 Universal Registration Document (“Document d’enregistrement universel”) was filed with the French financial market authority, the Autorité des marchés financiers (AMF), on March 2, 2021. This document is available on SCOR’s website www.scor.com and the AMF website www.amf-france.org. Hard copies of the document are also available at SCOR’s headquarters, located at the following address: 5 avenue Kléber 75795 Paris Cedex 16 The Universal Registration Document includes the following information: the 2020 annual financial report;the report of the board of directors on corporate governance;the description of the share buyback program. * * * Contact details: Media Jérôme Guilbert +33 (0)1 58 44 79 19 firstname.lastname@example.org Investor Relations Olivier Armengaud +33 (0)1 58 44 86 12 email@example.com LinkedIn: SCOR | Twitter: @SCOR_SE General The 2020 universal registration document filed on March 2, 2021, under number D.21-0084 with the French Autorité des marchés financiers (AMF) (“Universal registration document”) is posted on SCOR’s website www.scor.com Forward-looking statements This document includes forward-looking statements and information about the objectives of SCOR, in particular, relating to its current or future projects. These statements are sometimes identified by the use of the future tense or conditional mode, as well as terms such as “estimate”, “believe”, “have the objective of”, “intend to”, “expect”, “result in”, “should” and other similar expressions. It should be noted that the achievement of these objectives and forward-looking statements is dependent on the circumstances and facts that arise in the future. The Universal registration document includes information regarding risks and uncertainties that may affect SCOR’s business. Forward-looking statements and information about objectives may be impacted by known and unknown risks, uncertainties and other factors that may significantly alter the future results, performance and accomplishments planned or expected by SCOR. The full impact of the Covid-19 crisis on SCOR’s business and results can still not be accurately assessed at this stage, given the uncertainty related both to the magnitude and duration of the Covid-19 pandemic and to the possible effects of future governmental actions and/or legal developments in this context. This uncertainty follows from the considerable difficulty in working on sound hypotheses on the impact of this crisis due to the lack of comparable events, the ongoing nature of the pandemic and its far-reaching impacts on the global economy, on the health of the population and on our customers and counterparties. These hypotheses include, in particular: the duration of the pandemic, its impact on health on the short and long term, the availability, efficacy, effectiveness and take-up rate and effect of the vaccines;the response of government bodies worldwide (including executive, legislative and regulatory);the potential judicial actions or social influences;the coverage and interpretation of SCOR’s contracts under these circumstances;the assessment of the net claim estimates and impact of claim mitigation actions. Therefore: any assessments and resulting figures presented in this document will necessarily be rough estimates based on evolving analysis, and encompass a wide range of theoretical hypotheses, which are still highly evolutive; at this stage, none of these scenarios, assessments, impact analyses or figures can be considered as certain or definitive. Forward-looking statements mentioned in the Universal registration document are not “profit forecasts” within the meaning of Article 1 of Commission Delegated Regulation (EU) 2019/980. Financial information The Group’s financial information contained in this document is prepared on the basis of IFRS and interpretations issued and approved by the European Union.Unless otherwise specified, prior-year balance sheet, income statement items and ratios have not been reclassified.The financial results for the full year 2020 included in the document have been audited by SCOR’s independent auditors. Unless otherwise specified, all figures are presented in Euros. Any figures for a period subsequent to December 31, 2020, should not be taken as a forecast of the expected financials for these periods. The Group solvency ratio disclosed in this document is not audited. The Group solvency final results are to be filed to supervisory authorities by May 2021 and may differ from the estimates expressed or implied in this report. Attachment SCORPressRelease
The Caribbean is hunting for visitors and vaccines to jump-start the stalled economy in one of the world’s most tourism-dependent regions. Clear waters and warm sand attracted a record 31.5 million tourists to the Caribbean in 2019, but visits plummeted by an estimated 60% to 80% as the pandemic hit last year. “Many countries prefer hurricanes compared to what has happened with the pandemic,” said Vincent Vanderpool-Wallace, a former Bahamian tourism minister who also led the Caribbean Tourism Organization.
BBC Three to return as broadcast channel next year. Corporation announces return of youth-oriented channel to linear programming after five years
The "Hardware Wallets - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
The hunt for a missing person infected with a Manaus variant of coronavirus has been narrowed down to 379 households in the South East of England, Health Secretary Matt Hancock has told MPs. To date, six cases of the variant of concern have been found in the UK – three in Scotland and three in England. A public appeal has been made for one of those people in England to come forward after they took a test in February but left no contact details.
In recent years, a new term has entered the world of everyday speech: TERF. The initialism stands for “trans-exclusionary radical feminist” and refers to people who describe themselves as feminists but who exclude the rights of transgender people, particularly trans women, from their women’s rights advocacy.
A strong finish to 2020 and raised guidance for 2021 was enough to excite investors and Wall Street alike.
Magnolia has acquired U.S. rights to the Swedish horror film “The Other Side,” the debut feature from Oskar Mellander and Tord Danielsson. The movie is represented by REinvent Intl. Sales. “The Other Side” follows a family of three — Shirin, her partner Fredrik and his 5-year old son — who move into a small-town duplex […]
The singer said he won a local Star Search competition but was never invited to join the national show
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What happened Shares of electric-vehicle company Fisker (NYSE: FSR) are making up for Monday's 4% drop today as the name trends on Reddit's WallStreetBets online community. As of 10:40 a.m. EST, shares of Fisker were 12.
The "Laptop Radiators - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
Income from operations for the year amounted to ISK 8,345 million.Rental income for the year amounted to ISK 7,562 million compared to ISK 7,393 million in the year 2019.Operating profit before changes in value and depreciation amounted to ISK 5,038 million.Total profit for the year amounted to ISK 693 million.Changes in value of investment properties amounted to ISK 594 million.Net cash provided by operating activities amounted to ISK 1,858 million in the year.The book value of investment properties amounted to ISK 98,404 million.Assets for own use amounted to ISK 3,789 million.Interest-bearing debt amounted to ISK 62,001 million at year end.Total assets amounted to ISK 106,050 million.Equity ratio was 31.3%.Profit per share was ISK 0.25.Economic occupancy rate was 92.0% at year end.Weighted indexed interest rates were 3.15% at year end.Weighted unindexed interest rates were 2.91% at year end.The Board of Directors proposes a dividend payment of ISK 650 million, ISK 0.19 per share. The financial statements of Eik fasteignafélags were approved by the Company’s Board of Directors on 2 March 2021. Garðar Hannes Friðjónsson, CEO: „The year 2020 was a demanding year. The pandemic affected the operations and business of the Company. The Company has from the pandemic’s beginning strived to assist its tenants who have been affected the most by the pandemic, first and foremost by being flexible regarding payments. A marketing campaign was undertaken in cooperation with the Company’s tenants in the restaurant business and Hótel 1919, in addition to that Deloitte was engaged to assist tenants and to advise the Company. Operating profit before changes in value and depreciation amounted to ISK 5,038 million and the Company’s total profit amounted to ISK 693 million. EBITDA for the year was in line with management’s updated forecast which was published in June 2020. The Company obtained new loans and issued bonds amounting to just over ISK 21 billion during the year. The Company’s interest terms have never been better, but at year end weighted indexed interest rates were 3.15% and weighted unindexed interest rates were 2.91%. Average indexed interest rates decreased by 0.5% during the year while unindexed variable interest rates decreased by 1.5%. The Company’s position in relation to main financial covenants in loan agreements continues to be strong at year end.” The Company has issued its Annual Report, which contains extensive information on the Company and its operations during the year 2020 along with financial statements. The Report accompanies this announcement and it can also be accessed at the Company’s website, www.eik.is. Auditor’s assurance on the calculations by the issuer of the terms of bond class EIK 15 1 also accompanies this announcement. According to the auditor’s assurance all of the bond class terms of EIK 15 1 were met at 31 December 2020. In case of any discrepancy in the English and the Icelandic versions of this announcement or the Financial Statements, the Icelandic version shall prevail. The financial statements include the consolidated financial statements of Eik fasteignafélag hf. and subsidiaries and has been prepared in accordance with International Financial Reporting Standards (IFRS). The Company’s auditor, KPMG ehf., has audited the financial statements and provided an unqualified opinion. Proposal on dividend payment The Company’s policy is to pay the shareholders around 35% of net cash provided by operating activities of each year, either by dividend payment or by purchasing own shares. In accordance with the dividend policy, the Company’s Board of Directors proposes to the Annual General Meeting, which will be held on 25 March 2021, a dividend payment of ISK 650 million to shareholders for the operating year 2020. Effect of COVID-19 on the Company’s operations Economic effects of COVID-19 on the Company’s income statement can mainly be seen in impairment of receivables, operating loss of Hótel 1919 and decrease in economic occupancy rate. The Company estimates that the pandemic has had in excess of ISK 655 million reduction effect on EBITDA for the year 2020. Impairment of receivables amounted to ISK 375 million in excess of original forecast, results of Hótel 1919 were ISK 230 million worse than original forecast and reduction in rentals was around ISK 50 million. Outlook The Company has issued an extensive financial budget for the year 2021 which is accessible in the accompanying Annual Report for the Company and at its website, www.eik.is. According to the issued financial budget for the year 2021, EBITDA for the year will be approximately ISK 5,050–5,350 million based on 2.5% even inflation but ISK 4,975–5,275 million at fixed price levels. The Company estimates that the effect of COVID-19 on the 2021 EBITDA will be approximately ISK 450–550 million. Repayment of EIK 15 1 The Company announced a repayment of the bond class EIK 15 1 on 23 February 2021. The repayment has been fully secured with an unindexed loan from a financial institution. Merger of subsidiaries Eik fasteignafélag’s subsidiary EF1 hf. has been merged with the Company. Furthermore, LF2 ehf., a subsidiary of Landfestar ehf., has been merged with another subsidiary of Landfestar ehf., LF1 ehf. The mergers had formal legal effect as of 1 January 2020. Company Portfolio Properties owned by the Group number 110 with a total of 312,000 sqm. of rental space in just over 600 units, and a total number of tenants is over 400. The Company's principal properties are Borgartún 21 and 26; Suðurlandsbraut 8 and 10; Mýrargata 2-16; Pósthússtræti 2; Álfheimar 74 (Nýi Glæsibær); Grjótháls 1-3 and Austurstræti 5, 6, 7 and 17 in Reykjavík, Smáratorg 1 and 3 in Kópavogur and Glerártorg in Akureyri. The largest share of the Company's real estate portfolio is office space, which is 46% of the portfolio’s worth. The second largest class is commercial premises or around 24% of the portfolio. The third largest class is warehouses or 13% of the portfolio. Hotels are 9% of the portfolio, health related operations 5% and bars and restaurants 3%. The Company acquired Skeifan 9, which is next to Skeifan 7, another property owned by the Company and both properties are within the same plot according to a recent detailed land-use plan by the City of Reykjavík. With this acquisition, the Company has the opportunity to start a detailed land-use plan for the premises and subsequently develop it. The Company has hopes for options relating to the use of this plot in the near future. The Company classifies Skeifan 9 as a development property. The Company sold its property at Járnháls 2. Electronic presentation An electronic presentation will be held on Wednesday 3 March 2021 at 8:30 am. Garðar Hannes Friðjónsson CEO and Lýður H. Gunnarsson CFO will present the results and respond to questions following the presentation. Registration to the meeting is here: https://origo.zoom.us/webinar/register/WN_0Ac3rRosTRqzQTuC3eOE_Q Following registration, participants will receive an e-mail with further information. 2021 Financial Calendar Planned dates for interim and annual results are as follows: Annual General Meeting 25 March 2021 Quarterly results Q1 2021 29 April 2021 Quarterly results Q2 2021 25 August 2021 Quarterly results Q3 2021 28 October 2021 Management accounts 2021 and 2022 budget 11 February 2022 2021 Annual Results 3 March 2022 Announcements of financial information will be published after closing of markets. Accompanying is the 2020 Annual Report which contain the financial statements for the year 2020. The Company’s ESG Report is accessible at its website. For further information contact: Garðar Hannes Friðjónsson, CEO, firstname.lastname@example.org, tel. 590-2200 Lýður H. Gunnarsson, CFO, email@example.com s. 820 8980 Attachments Eik fasteignafélag - Consolidated financial statement 2020 Staðfesting á skilyrðum EIK 15 1 2020