Tag: Statement

Statement from Bart Demosky, Executive Vice President and CFO, Bombardier, On Moody’s Ratings Upgrade to B1

WEBWIRE – Friday, May 3, 2024 The entire Bombardier team is proud to celebrate Moodys rating upgrade announced yesterday. This most recent upgrade places Bombardier at a B1 rating with a stable outlook and reflects the companys consistent performance to date throughout its turnaround. As we outlined in our2024 Investor Daythis week, we have a strong foundation upon which to keep improving key balance sheet metrics. Bombardier continues to build its resilience through growth pathways that thoughtfully diversify revenue streams all while creating additional margin and cash upside. Dynamic businesses like Services and Bombardier Defense not only add value to ... Read more

Statement from Billionaires Row

 Following is a statement from Billionaires Row: “At Billionaires Row, we were dismayed to learn of the recent legal proceedings involving Patrick Ductant. Given Mr. Ductant’s conviction and subsequent sentencing, Billionaires Row has had no choice but to terminate its relationship with Mr. Ductant, effective immediately. “Billionaires Row was founded on the principals of an unwavering commitment to conducting business with utmost integrity and compliance with all applicable laws and regulations. Accordingly, Billionaires Row continues its mission to prioritize excellence, innovation, and transparency in all aspects of our operations and we are confident in the continued leadership of William Benson, ... Read more

Hong Kong – Government statement on Tatler XFEST Hong Kong, Hong Kong Team vs Inter Miami CF

Government statement on Tatler XFEST Hong Kong, Hong Kong Team vs Inter Miami CF ********************************************************************************      The Government today (February 4) expressed deep disappointment over Messi not playing at Tatler XFEST Hong Kong, Hong Kong Team vs Inter Miami CF, and the organiser failing to provide a detailed explanation promptly.      The event has been awarded “M” Mark status, as well as a matching grant of 15 million and a grant for venue of 1 million by The Major Sports Events Committee (MSEC). The Government has also provided a variety of coordination and assistance, including venue arrangement and crowd management, in order ... Read more

AdvaMed Statement on House Passage of Critical R&D Tax Provision

, are required to be deducted over five years. The new provision delays the date when taxpayers must begin deducting those expenses over five years until after December 31, 2025. The five-year deduction requirement is especially hard for small and emerging companies, which are critical to driving innovation and improving patient outcomes. Research and development funding is expensive and hard for small companies to afford, given their narrow operating margins. In his letterto lawmakers earlier this month, Whitaker cited the example of Alva Health, a small company that wrote that the tax provision, if unfixed, would cause delays in getting ... Read more

Statement on the January 3 Trading Halt

WEBWIRE – Friday, January 5, 2024 The Philippine Stock Exchange, Inc. (PSE or Exchange) would like to provide the market with updates on the findings that caused the Exchange to halt trading on January 3, 2024, from 9:32 a.m. to 11:55 a.m. The technical problem encountered was the inability of at least one-third (1/3) of the trading participants (TPS) to connect to PSEs front-end order management system (FEOMS) and for some of these TPs, the inability to send orders to the trading system. The FEOMS sends buy and sell orders for processing to the trading system. The underlying cause of ... Read more