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CF Finance Acquisition Corp. II Announces Separate Trading of Class A Common Stock and Warrants

October 13, 2020

Press release content from PR Newswire. The AP news staff was not involved in its creation.

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NEW YORK, Oct. 13, 2020 /PRNewswire/ — CF Finance Acquisition Corp. II (Nasdaq: CFIIU, the “Company”) announced today that, commencing October 15, 2020, holders of the 50,000,000 units sold in the Company’s initial public offering may elect to separately trade shares of the Company’s Class A common stock and warrants included in the units. Class A common stock and warrants that are separated will trade on The Nasdaq Capital Market under the symbols “CFII” and “CFIIW,” respectively. No fractional warrants will be issued upon separation of the units and only whole warrants will trade. Those units not separated will continue to trade on The Nasdaq Capital Market under the symbol “CFIIU.” Holders of units will need to have their brokers contact Continental Stock Transfer & Trust Company, the Company’s transfer

Universal Insurance Holdings Announces Third Quarter 2020 Earnings Release and Conference Call Date

October 13, 2020

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Universal Insurance Holdings, Inc. (NYSE: UVE) will issue a press release reporting its third quarter results after the close of trading on the NYSE on Tuesday, October 27, 2020. The company will host a conference call on Wednesday, October 28, 2020, at 9:00 a.m. Eastern Time (ET) to discuss its third quarter 2020 financial results.

Conference Call and Webcast

Wednesday, October 28, 2020 at 9:00 a.m. ET

U.S Dial-in Number: (855) 752-6647

International: (503) 343-6667

Participant code: 5317328

Listen to live webcast and view presentation: UniversalInsuranceHoldings.com

Replay of the call will be available on the UVE website and by phone at (855) 859-2056 or internationally at (404) 537-3406 using the participant code: 5317328 through November 12, 2020

About Universal Insurance Holdings, Inc.

Universal Insurance Holdings (UVE) is a holding company offering property

Niall Horan announces show to raise money for his crew

October 13, 2020

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Singer Niall Horan has announced a one-off live streamed show, with proceeds going to members of his road crew.

The pop star has been working with some of his team since One Direction’s first tour in 2011 – and he says the pandemic has left many of them stranded.

“My stage manager is working on a building site currently,” he told the BBC. “A couple of lads are working in Tesco and Sainsbury’s.

“If there’s no touring, they don’t have a job. They’ve been left behind.”

The star and his crew were supposed to be on tour for six months this year, visiting Australia, Asia, Europe and America.

But while Horan used lockdown to write new songs and play radio sessions, he realises others don’t have that luxury.

“I’m obviously one of the lucky ones, but not everyone

FlexIt, Easy-Access Gym and Online Personal Training Platform, Announces Partnership with Performance Sports Apparel Brand, 2XU

October 12, 2020

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Virtual training and pay-as-you-go fitness platform partners with leading sports performance apparel brand to further promote the active lifestyle of its users

FlexIt and 2XU team up

FlexIt and 2XU team up to bring fitness and performance apparel together.

NEW YORK, Oct. 12, 2020 (GLOBE NEWSWIRE) — FlexIt, the platform that enables users to seamlessly access live, 1-on-1 virtual training with personal trainers and access fitness facilities all over the country, announces its partnership with 2XU, a proven leader in performance sports apparel. This collaboration will allow users to take full advantage of both products, providing both FlexIt users and 2XU customers with a well-rounded fitness experience.

Both 2XU customers and FlexIt users will benefit directly from this partnership. 2XU customers will receive custom access to FlexIt’s virtual training platform and its network of close to 3,000

India finance minister announces steps to boost consumer demand

October 12, 2020

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NEW DELHI, Oct 12 (Reuters) – India’s finance minister on Monday announced steps to stimulate consumer demand including advance payment of a part of the wages of federal government employees for spending during the festival season, part of efforts to bolster the pandemic-hit economy.

The government will also allow its employees to spend travel allowances that are an income-tax-exempt part of their salaries on goods and services, Nirmala Sitharaman told a news briefing.

“This is expected to create a consumer demand of about 280 billion rupees ($3.83 billion),” she said.

Prime Minister Narendra Modi’s government, which imposed a tough lockdown to stem the spread of the coronavirus in March, is pushing ahead with a full opening to try to boost the economy ahead of the usually high-spending festival season.

($1 = 73.1541 Indian rupees)

(Reporting by Aftab Ahmed and Manoj Kumar; Editing by Catherine Evans)

(([email protected]; +91 11 4954 8029;

India announces economic stimulus to boost demand by $10 billion

October 12, 2020

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By Aftab Ahmed and Manoj Kumar

NEW DELHI (Reuters) – India on Monday announced steps to stimulate consumer demand, including advance payment of a part of the wages of federal government employees during the festival season and more capital spending as it tries to bolster the pandemic-hit economy.

The government will allow its employees to spend tax-exempt travel allowances on goods and services, Nirmala Sitharaman, India’s finance minister told a news briefing.

She said the government will also shore up investment by spending extra 250 billion rupees ($3.41 billion)on roads, ports and defence projects, and offering 120 billion rupees in interest-free 50-year loans to state governments for spending on infrastructure before March 31,2021.

“All these measures are likely to create an additional demand of 730 billion rupees ($9.96 billion),” Sitharaman said, adding the proposals would stimulate demand in a “fiscally prudent way.”

Prime Minister Narendra Modi’s government, which imposed a

The Ford Foundation announces $180 million in new racial justice grants, supported by proceeds from social bonds

October 10, 2020

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The Ford Foundation announced $180 million in new grant funding for U.S. racial justice and civil rights groups, the organizations large and small who are doing essential work to address systemic racism and support full democratic inclusion. This latest funding doubles the Foundation’s existing commitments in the civil justice arena to $330 million.

Darren Walker wearing a hat

© Michael Loccisano—Getty Images

This latest allocation has been made possible by a deft use of capital markets—unprecedented in philanthropic history. In June, the Foundation announced its plan to borrow $1 billion in social bonds to increase its grant-giving capacity at a time when mission-critical organizations large and small are losing revenue due to the coronavirus.

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“What was creative was figuring out a way to increase our giving while not diminishing the current value of our endowment,” Ford Foundation president Darren Walker tells Fortune.

He recalls the time in March and April when the Foundation

Finland could buy billions in either F-35 or F-18 fighters, State Department announces

October 9, 2020

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a large airplane flying high up in the air: Finland could buy billions in either F-35 or F-18 fighters, State Department announces

The State Department has approved the possible sale of either the F/A-18EF Super Hornet or the F-35 Joint Strike Fighter to Finland, which could net the United States at least an estimated $12.5 billion deal depending on which the European nation chooses.

Finland is in the midst of choosing a new fighter jet for its HX Fighter Program, a competition that includes the Lockheed Martin-made F-35 and the Boeing-produced Super Hornet. Both U.S. companies are up against France’s Dassault Rafale, the United Kingdom’s Eurofighter Typhoon and Sweden’s Saab Gripen E/F.

The F-35 deal would include 64 F-35As and related equipment, the Defense Security Cooperation Agency said in a statement on Friday.

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The Super Hornet agreement, meanwhile, is valued at an estimated $14.7 billion and includes 50 single-seat F/A-18E jets, eight of the

HCA Healthcare (HCA) Announces Preliminary Results for Q3

October 9, 2020

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HCA Healthcare, Inc. HCA recently announced preliminary results for the third quarter ended Sep 30, 2020.

For the period, the company expected revenues to be $13.30 billion on a preliminary basis, indicating a 4.8% rise from the year-ago quarter’s reported figure.

Notably, Income before income taxes is anticipated to be around $950 million in the to-be-reported quarter, implying a 3% decrease from the prior-year quarter’s reported number. Results for the September quarter consist of a reversal of $822 million received as a government stimulus in the second quarter, which is related to general distribution funds received from the Provider Relief Fund established by the CARES Act.

For the third quarter of 2020, Adjusted EBITDA is anticipated to be $2.03 billion, suggesting an 11.2% decline from the year-ago quarter’s reported figure.

HCA Healthcare expects a 4% dip in its same facility admissions and a 9% decline in facility equivalent admissions, both

Mohegan Gaming & Entertainment (MGE) Announces Major Expansion of Premier Northwestern U.S. Property

October 9, 2020

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MGE-Managed ilani Reveals Plans for Brand-New Restaurant Venues, Additional Gaming Space and Hotel Tower

UNCASVILLE, Conn., Oct. 9, 2020 /PRNewswire/ — Mohegan Gaming & Entertainment, manager of ilani in Ridgefield, Wash., is pleased to announce major updates to its premier northwestern U.S. property as the brand continues its upward momentum in developing integrated entertainment resorts (IER) worldwide. In partnership with the Cowlitz Tribe, Howard S. Wright and Friedmutter Group, ilani will feature additions to its exterior and interior designs, including two new restaurant venues, expanded gaming space, as well as a 14-story hotel tower.

The expansion is an extension of MGE’s global growth strategy and the Cowlitz Tribe’s long-term vision for its reservation, following the completion of ilani’s Meeting & Entertainment Center, parking garage and convenience store.

“On the heels of combatting many challenges this year, we are thrilled to announce the expansion and growth of ilani, bringing