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SEK 13 billion into investment funds in February

[2017-03-10] In February total net sales of investment funds amounted to SEK 13.1 billion. The largest deposits were made in equity funds with a recorded net inflow of over SEK 9 billion. The total fund assets in Sweden increased during February by nearly SEK 140 billion and amounted at the end of the month to a new record-high level, SEK 3 716 billion.Investment funds recorded a total net inflow of SEK 13.1 billion in February. Equity funds recorded net deposits of SEK 9.1 billion and bond funds had a net inflow of 2.9 billion. Also balanced funds had net deposits of SEK 1.8 billion. Money

Hailstorm Lawsuit Abuse Must Stop

AUSTIN, Texas- Joe Woods, vice president, state government relations for the Property Casualty Insurers Association of America (PCI), today issued the following statement in support of SB 10 to put an end to hail lawsuit abuse.  “Today’s hearing on Senate Bill 10 is an important first step for stopping hail litigation abuse. It was important for lawmakers to hear testimony from local insurance companies that have been directly impacted by hail claims litigation abuse and that have been forced to leave areas of the state because of the large numbers of lawsuits. “We all know that Texas

UTA named to Phi Theta Kappa’s 2017 Transfer Honor Roll

The University of Texas at Arlington is one of only 63 institutions in the nation named to Phi Theta Kappa’s 2017 Transfer Honor Roll. The honor roll recognizes excellence and success in the development of community college transfer pathways. Phi Theta Kappa evaluated institutions based on the quality of their partnerships and collaborations with community colleges, innovation in developing new transfer pathways, commitment to tracking the success of transfer students, and the level of support available for students before and after they transfer. “I am extremely proud of the Phi

BSN medical’s sales and EBITDA for 2016

As SCA communicated in December 2016, the Group has entered into an agreement to acquire BSN medical, a leading medical solutions company. Closing is expected to take place during the second quarter 2017. BSN medical’s sales for 2016 amounted to EUR 850m (SEK 8,038m) and adjusted EBITDA1) for 2016 amounted to EUR 210m (SEK 1,986m). 1)Excluding items affecting comparability NB: This information is information that SCA is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out

Resurs Bank issues SEK 500 million of senior unsecured bonds

Resurs Bank AB, a wholly owned subsidiary of Resurs Holding AB (Nasdaq Stockholm: RESURS), has issued SEK 500 million of senior unsecured bonds in the Nordic market. The 4 year bonds will be listed on Nasdaq Stockholm. The offer attracted very strong demand from the Nordic investor base where institutional demand dominated the oversubscribed orderbook. The 4 year bonds are issued under Resurs Bank’s MTN programme with a total frame of SEK 3 billion and pays a coupon of 3m Stibor + 1.70%. Issue date will be 16 March 2017. Carnegie Investment Bank AB and Swedbank AB acted as joint

Resurs Bank issues SEK 500 million of senior unsecured bonds

Resurs Bank AB has issued SEK 500 million of senior unsecured bonds in the Nordic market. The 4 year bonds will be listed on Nasdaq Stockholm. The offer attracted very strong demand from the Nordic investor base where institutional demand dominated the oversubscribed orderbook. The 4 year bonds are issued under Resurs Bank’s MTN programme with a total frame of SEK 3 billion and pays a coupon of 3m Stibor + 1.70%. Issue date will be 16 March 2017. Carnegie Investment Bank AB and Swedbank AB acted as joint bookrunners in the transaction.  For additional information:Peter Rosén, CFO

PowerCell and Nimbus investigate opportunities to power boats with hydrogen and fuel cells

The leading Nordic fuel cell company PowerCell Sweden AB (publ) and Nimbus Boats Sweden AB has signed a Letter of Intent regarding a partnership to equip an electrified Nimbus 305 Coupe with fuel cells.Yesterday, during the fair Allt för sjön at Stockholmsmässan in Älvsjö, PowerCell and Nimbus presented a Letter of Intent regarding an ambition to install PowerCell's fuel cell stacks in Nimbus 305 Coupe, E-Power. PowerCell's and Nimbus' intention is a cooperation that should comprise the following three phases: feasibility study, construction of a demo vessel, and industrialization for

Farstad Shipping ASA – Farstad restructuring completed – update on the contemplated repair issue

Ålesund, Norway, 9 March 2017 – Reference is made to previous announcements concerning the restructuring (the "Farstad Restructuring") of Farstad Shipping ASA ("Farstad" or the "Company") as first announced on 6 February 2017, and latest the announcement of 7 March 2017. Farstad is pleased to announce that all conditions required for completion of the Farstad Restructuring have now been fulfilled and that the Farstad Restructuring was completed today. The reduction of the par value of the Company's shares and the share capital increases pertaining to the issuance of shares (the "

Insurers Support No-Texting-While-Driving Ban in Texas

AUSTIN, Texas - Joe Woods, vice president, state government relations for the Property Casualty Insurers Association of America (PCI), today issued the following statement in support of HB 62, which would prohibit the use of hand-held electronic communication devices for talking, texting, or any other internet use while driving. “PCI is a proud supporter of the Texas Distracted Driving Coalition and supports any legislation that helps improve safety and reduce costs. We support HB 62 and believe that it will save lives on Texas roads, and commend the House Transportation Committee for

MTG launches World Boxing Super Series

· MTG joins forces with leading players from world of boxing to launch first of its kind annual tournament · USD 50 million in prize money in year one with two weight classes each competing for the Muhammad Ali Trophy · TV rights already sold in key territories with sports agency MP & Silva to sell rights internationally World Boxing Super Series is owned by Comosa AG, in which MTG is a shareholder together with Swiss media rights management company Highlight Event & Entertainment AG and leading boxing promoter SPAG Sauerland Promotion AG. Comosa AG is working in partnership with

Romantic California Inns for Every Budget

SACRAMENTO, CA [March 9, 2017]—Romantic getaways in California don’t have to break the bank. The California Association of Boutique & Breakfast Inns (CABBI) has compiled a list of romantic inns for every budget, starting at $150 or less per night.  The rates for each of the inns include breakfast, free Wi-Fi, and a long list of complimentary amenities and perks. Under $150 Nestled in the fork of the Downie and Yuba Rivers near Tahoe National Forest, the Riverside Inn  is an affordable Sierra getaway. Each of its 11 rooms have balconies overlooking

Resolutions of Fiskars Corporation’s Annual General Meeting 2017

Fiskars Corporation      Stock Exchange ReleaseMarch 9, 2017 at 18:00 EET Resolutions of Fiskars Corporation’s Annual General Meeting 2017The Annual General Meeting of shareholders of Fiskars Corporation was held at Helsinki Exhibition & Convention Centre, the Conference Center on March 9, 2017. The Annual General Meeting approved the financial statements for 2016 and discharged the members of the Board and the President and CEO from the liability. THE USE OF PROFIT SHOWN ON THE BALANCE SHEET AND THE PAYMENT OF DIVIDED The Annual General Meeting decided in accordance with the

Fagerhult completes the acquisition of WE-EF

Fagerhult has completed the acquisition of WE-EF and Flux Eclairage after receiving regulatory approval from the German Competition Authority. The acquisition is expected to have a positive effect on the earnings per share during 2017 and forward.For more information see the press release from December 23, 2016. More information on WE-EF and Flux is available at http://www.we-ef.com and http://www.flux-lighting.com WE-EF group companies included in this transaction are (Note: this includes all relevant WE-EF branded lighting operating companies): · WE-EF LEUCHTEN GmbH; Bispingen,

MTG Studios’ ‘Veni Vidi Vici’ in official selection for MIPDrama Screenings

· MTG Studios original named as one of 12 finalists in MIPDrama Screenings official selection  · ‘Veni Vidi Vici’ to be showcased exclusively to buyers from all over the world  · Finalists to compete for awards to be presented at the Closing Cermony The MTG Studios Original Series ‘Veni Vidi Vici’  has been named as one of 12 productions to be showcased during the prestigious MIPDrama Screenings in Cannes on 2 April. The series premieres on MTG’s Nordic video streaming service Viaplay on 13 April. The

Meyer-Optik Announces Kickstarter to Add Final Piece to Its Trioplan Trilogy

Trioplan’s Signature ‘Soap Bubble Bokeh’ Coming to a 35mm f2.8 Storyteller LensMeyer-Optik-Goerlitz launched a Kickstarter campaign today to create the third and final lens of the Trioplan trilogy -- a 35mm f2.8 lens that brings the famous “soap bubble” bokeh to a wide angle lens for the first time. Dubbed the Trioplan 35+, the new lens is perfect for street and documentary photographers to help tell their stories. It will join the very successful Trioplan 100mm f2.8 and 50mm f2.9 in Meyer-Optik’s lineup of high-quality, hand-crafted, manual focus art lenses. And like its big brothers,

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