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News Article | May 25, 2017
Site: www.businesswire.com

HIGHLAND HEIGHTS, Ky.--(BUSINESS WIRE)--General Cable Corporation (NYSE: BGC) has amended its existing $700 million asset-based revolving credit facility (the “Senior Secured Credit Facility”) extending its maturity date to 2022. The Senior Secured Credit Facility provides the Company with the ability to increase the facility size in the future by up to $250 million. Indebtedness under the Senior Secured Credit Facility is guaranteed by certain of the Company’s U.S. subsidiaries and is secured by a first priority security interest in certain tangible and intangible property and assets of certain of the Company’s U.S. subsidiaries. Indebtedness under the Senior Secured Credit facility related to the Canadian Borrower and the European Borrowers is guaranteed by certain of the Company’s Canadian subsidiaries and European subsidiaries and is secured by a first priority security interest in certain tangible and intangible property and assets of certain of the Company’s Canadian subsidiaries and European subsidiaries. In order to support ongoing business requirements, portions of the Senior Secured Credit Facility will be available for the issuance of letters of credit. Matti Masanovich, Senior Vice President and Chief Financial Officer, said, " This amendment ensures the Company’s financial flexibility to support our global operations and locks in an additional five years of liquidity, which better positions the Company to execute on our previously stated strategy." Certain statements in this press release are forward-looking statements that involve risks and uncertainties, predict or describe future events or trends and that do not relate solely to historical matters. Forward looking statements include, among others, expressed expectations with regard to the following: “believe,” “expect,” “may,” “will,” “anticipate,” “intend,” “estimate,” “project,” “plan,” “assume,” “seek to” or other similar expressions, although not all forward-looking statements contain these identifying words. Actual results may differ materially from those discussed in forward-looking statements as a result of factors, risks and uncertainties over many of which we have no control. These factors include, but are not limited to: the economic strength and competitive nature of the geographic markets that the Company serves; our ability to increase manufacturing capacity and productivity; our ability to increase our selling prices during periods of increasing raw material costs; our ability to service, and meet all requirements under, our debt, and to maintain adequate domestic and international credit facilities and credit lines; our ability to establish and maintain internal controls; the impact of unexpected future judgments or settlements of claims and litigation; the impact of foreign currency exchange rate fluctuations; the impact of future impairment charges; compliance with U.S. and foreign laws, including the Foreign Corrupt Practices Act; our ability to achieve the anticipated cost savings, efficiencies and other benefits related to our restructuring program and other strategic initiatives, including our plan to exit all of our Asia Pacific and African operations, and the other risks detailed from time to time in the Company’s filings with the Securities and Exchange Commission (“SEC”), including but not limited to, its annual report on Form 10-K filed with the SEC on February 24, 2017, and subsequent SEC filings. You are cautioned not to place undue reliance on these forward-looking statements. General Cable does not undertake, and hereby disclaims, any obligation, unless required to do so by applicable securities laws, to update any forward-looking statements as a result of new information, future events or other factors.


VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 29, 2017) - In its Real Estate Market Research study published today, Newmark Knight Frank Devencore reported that recent tenant activity has sharply reduced space availability and has sparked developer interest in bringing new office buildings to the downtown Vancouver office market. The largest tenant transactions over the past two quarters include WeWork's commitment to almost 80,000 square feet in Bentall Three at 595 Burrard Street and the conditional deal with The Executive Group to convert approximately 110,000 square feet to hotel use in The Exchange building at 475 Howe Street. "The conversion of a large part of The Exchange building to hotel use has the most far-reaching ramifications, as this was the only new property being delivered to the market in 2017 with substantial availability," said Jon Bishop, Executive Vice President and Managing Principal of Newmark Knight Frank Devencore's Vancouver office. "The tightening of the downtown Vancouver market may lead some developers to accelerate the projects they already have in the planning and permitting stages. There are at least a dozen such projects in the pipeline, most of which are slated for 2021." Newmark Knight Frank Devencore reports that tenants in the high tech, finance, professional services and hospitality sectors are driving the recent leasing activity, and falling vacancy rates for all office classes in downtown Vancouver reflect this demand. In the current quarter, the overall vacancy rate stands at 7.1%, down from 8.7% a year earlier. The decline in supply has put pressure on average gross rents as well, which currently stand at $41.76/sf, compared to $40.73/sf a year ago. "Newer downtown office space is almost fully occupied, and larger blocks of contiguous space can be a challenge to find," Mr. Bishop said. "There are limited opportunities for tenants seeking smaller spaces, but most of these opportunities will be found in older buildings that may require improvements. Furthermore, many of the best leasing options that currently exist are landlord or building specific, so tenants and their advisors need to be prepared to negotiate innovative ways to finance the necessary improvement projects." To read the complete market study, please go to: http://english.devencorenkf.com/home/market-information.aspx?d=756 As part of Newmark Knight Frank, one of the world's leading commercial real estate advisory firms, Newmark Knight Frank Devencore is Canada's largest corporate real estate advisor and brokerage, exclusively representing corporate, industrial and retail space users. With offices across the country, Newmark Knight Frank Devencore offers its global clientele comprehensive services that are individually designed to ensure executive real estate decisions are supported by effective strategies and professional execution. To learn more about our capabilities, please visit www.devencorenkf.com. Newmark Knight Frank (NKF) is one of the world's leading commercial real estate advisory firms. Together with London-based partner Knight Frank and independently-owned offices, NKF's 14,100 professionals operate from more than 400 offices in established and emerging property markets on six continents. With roots dating back to 1929, NKF's strong foundation makes it one of the most trusted names in commercial real estate. NKF's full-service platform comprises BGC's real estate services segment, offering commercial real estate tenants, landlords, investors and developers a wide range of services including leasing; capital markets services, including investment sales, debt placement, appraisal, and valuation services; commercial mortgage brokerage services; as well as corporate advisory services, consulting, project and development management, and property and corporate facilities management services. For further information, visit www.ngkf.com. NKF is a part of BGC Partners, Inc., a leading global brokerage company servicing the financial and real estate markets. BGC's common stock trades on the NASDAQ Global Select Market under the ticker symbol (NASDAQ:BGCP). BGC also has an outstanding bond issuance of Senior Notes due June 15, 2042, which trade on the New York Stock Exchange under the symbol (NYSE:BGCA). BGC Partners is led by Chairman and Chief Executive Officer Howard W. Lutnick. For more information, please visit www.bgcpartners.com.


News Article | May 11, 2017
Site: www.prnewswire.com

A live audio webcast of the event will start at approximately 10:00 a.m. ET and is expected to last approximately one hour. It will also be available via the following site: The webcast archive will be available for 365 days, beginning June 6, 2017. About BGC Partners, Inc. BGC Partners is a leading global brokerage company servicing the financial and real estate markets. BGC owns GFI Group Inc., a leading intermediary and provider of trading technologies and support services to the global OTC and listed markets. The Company's Financial Services offerings include fixed income securities, interest rate swaps, foreign exchange, equities, equity derivatives, credit derivatives, commodities, futures, and structured products. BGC provides a wide range of services, including trade execution, broker-dealer services, clearing, trade compression, post trade, information, and other services to a broad range of financial and non-financial institutions. Through brands including FENICS, BGC Trader, Capitalab, Lucera, and FENICS Market Data, BGC offers financial technology solutions, market data, and analytics related to numerous financial instruments and markets. Real Estate Services are offered through brands including Newmark Grubb Knight Frank, Newmark Cornish & Carey, ARA, Computerized Facility Integration, NGKF Valuation & Advisory, and Excess Space. Under these names and others, the Company provides a wide range of commercial real estate services, including leasing and corporate advisory, investment sales and financial services, consulting, project and development management, and property and facilities management. BGC's customers include many of the world's largest banks, broker-dealers, investment banks, trading firms, hedge funds, governments, corporations, property owners, real estate developers, and investment firms. BGC's common stock trades on the NASDAQ Global Select Market under the ticker symbol (NASDAQ: BGCP). BGC also has an outstanding bond issuance of Senior Notes due June 15, 2042, which trade on the New York Stock Exchange under the symbol (NYSE: BGCA). BGC Partners is led by Chairman and Chief Executive Officer Howard W. Lutnick. For more information, please visit http://www.bgcpartners.com. You can also follow the Company at https://twitter.com/bgcpartners and/or https://www.linkedin.com/company/bgc-partners. BGC, BGC Trader, GFI, FENICS, FENICS.COM, Capitalab, Swaptioniser, Newmark, Grubb & Ellis, ARA, Computerized Facility Integration, Landauer, Lucera, and Excess Space, Excess Space Retail Services, Inc., and Grubb are trademarks/service marks, and/or registered trademarks/service marks and/or service marks of BGC Partners, Inc. and/or its affiliates. Knight Frank is a service mark of Knight Frank (Nominees) Limited. Discussion of Forward-Looking Statements about BGC Partners Statements in this document regarding BGC that are not historical facts are "forward-looking statements" that involve risks and uncertainties. Except as required by law, BGC undertakes no obligation to update any forward-looking statements. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see BGC's Securities and Exchange Commission filings, including, but not limited to, the risk factors set forth in the most recent Form 10-K and any updates to such risk factors contained in subsequent Forms 10-Q or Forms 8-K. To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/bgc-partners-announces-its-2017-annual-meeting-of-stockholders-300455786.html


News Article | May 11, 2017
Site: www.prnewswire.co.uk

Space for the annual meeting is limited. Therefore, admission will be on a first-come, first-served basis. Each stockholder will need to present a valid government issued photo identification (driver's license or passport) plus one of the following to gain admittance: A live audio webcast of the event will start at approximately 10:00 a.m. ET and is expected to last approximately one hour. It will also be available via the following site: The webcast archive will be available for 365 days, beginning June 6, 2017. About BGC Partners, Inc. BGC Partners is a leading global brokerage company servicing the financial and real estate markets. BGC owns GFI Group Inc., a leading intermediary and provider of trading technologies and support services to the global OTC and listed markets. The Company's Financial Services offerings include fixed income securities, interest rate swaps, foreign exchange, equities, equity derivatives, credit derivatives, commodities, futures, and structured products. BGC provides a wide range of services, including trade execution, broker-dealer services, clearing, trade compression, post trade, information, and other services to a broad range of financial and non-financial institutions. Through brands including FENICS, BGC Trader, Capitalab, Lucera, and FENICS Market Data, BGC offers financial technology solutions, market data, and analytics related to numerous financial instruments and markets. Real Estate Services are offered through brands including Newmark Grubb Knight Frank, Newmark Cornish & Carey, ARA, Computerized Facility Integration, NGKF Valuation & Advisory, and Excess Space. Under these names and others, the Company provides a wide range of commercial real estate services, including leasing and corporate advisory, investment sales and financial services, consulting, project and development management, and property and facilities management. BGC's customers include many of the world's largest banks, broker-dealers, investment banks, trading firms, hedge funds, governments, corporations, property owners, real estate developers, and investment firms. BGC's common stock trades on the NASDAQ Global Select Market under the ticker symbol (NASDAQ: BGCP). BGC also has an outstanding bond issuance of Senior Notes due June 15, 2042, which trade on the New York Stock Exchange under the symbol (NYSE: BGCA). BGC Partners is led by Chairman and Chief Executive Officer Howard W. Lutnick. For more information, please visit http://www.bgcpartners.com. You can also follow the Company at https://twitter.com/bgcpartners and/or https://www.linkedin.com/company/bgc-partners. BGC, BGC Trader, GFI, FENICS, FENICS.COM, Capitalab, Swaptioniser, Newmark, Grubb & Ellis, ARA, Computerized Facility Integration, Landauer, Lucera, and Excess Space, Excess Space Retail Services, Inc., and Grubb are trademarks/service marks, and/or registered trademarks/service marks and/or service marks of BGC Partners, Inc. and/or its affiliates. Knight Frank is a service mark of Knight Frank (Nominees) Limited. Discussion of Forward-Looking Statements about BGC Partners Statements in this document regarding BGC that are not historical facts are "forward-looking statements" that involve risks and uncertainties. Except as required by law, BGC undertakes no obligation to update any forward-looking statements. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see BGC's Securities and Exchange Commission filings, including, but not limited to, the risk factors set forth in the most recent Form 10-K and any updates to such risk factors contained in subsequent Forms 10-Q or Forms 8-K. To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/bgc-partners-announces-its-2017-annual-meeting-of-stockholders-300455821.html


News Article | May 9, 2017
Site: globenewswire.com

(1) Hors éléments exceptionnels et hors impact IFRIC 21 pour le calcul du RNPG retraité, du ROE et du ROTE (2) Sur la base des règles CRR-CRD4 publiées le 26 juin 2013, y compris compromis danois - sans mesures transitoires - sauf IDA sur pertes reportables. Ratio fin 2016, pro forma du phase in complémentaire de 20% sur les IDA prévu le 1er janvier 2017 Laurent Mignon, Directeur général de Natixis, a déclaré : «Natixis réalise un très bon premier trimestre grâce à la très forte dynamique de ses métiers coeurs, notamment dans la Banque de Grande Clientèle et l'Epargne, à la bonne maitrise de ses charges et à la baisse du coût du risque. Au cours de ce trimestre, l'activité Global markets a été particulièrement soutenue, notamment à l'international ; de même, dans la gestion d'actifs, nous avons enregistré le retour d'une collecte positive aux Etats Unis. Ce trimestre est parfaitement conforme aux objectifs de notre plan New Frontier, avec une hausse de la rentabilité de nos métiers coeurs, un bon contrôle de nos risques pondérés, la forte  contribution de nos activités à l'international et le développement soutenu de l'Assurance». Les métiers coeurs enregistrent une hausse de 14% de leur PNB sur un an. Celui-ci atteint 2 219 M€ au 1T17, et intègre notamment une hausse de 26% du PNB de la Banque de Grande Clientèle et un net rebond du PNB (+8% sur un an) des métiers de l'Epargne. Les Services Financiers Spécialisés affichent globalement une bonne résistance au premier trimestre 2017 avec un PNB stable par rapport au 1T16. Le PNB des Participations Financières s'établit à 153 M€ et englobe la baisse de 16% du PNB de Coface et de 30% des activités Corporate Data Solutions pour lesquelles la stratégie de désengagement se poursuit. Les charges d'exploitation s'établissent à 1 743 M€ au 1T17 et ressortent en hausse de 9% sur un an, affectées par une augmentation de la contribution estimée au Fonds de Résolution Unique à 128 M€ au 1T17 contre 79 M€ au 1T16. En retraitant la charge liée au Fonds de Résolution Unique, la hausse des charges se limite à 6%. Le coefficient d'exploitation hors IFRIC 21, à 67,9% au 1T17, baisse de 4,0pp sur un an. Le coût du risque ressort en baisse de 20% sur un an pour Natixis à 70 M€ au 1T17 et intègre une nette amélioration du coût du risque dans la BGC de 59% sur la même période.   Exprimé en point de base des encours de crédit, le coût du risque des métiers coeurs s'établit à 24pb au 1T17, en nette diminution par rapport au 1T16, marqué par un effort de provisionnement sur le secteur de l'énergie et des commodities. Le résultat net part du groupe retraité de l'impact IFRIC 21 et hors éléments exceptionnels s'élève à 436 M€ au 1T17, en hausse de 40% sur un an. En intégrant les éléments exceptionnels (-26 M€ net d'impôt au 1T17 vs. -13 M€ au 1T16) et l'impact IFRIC 21 (+130 M€ au 1T17 vs. +98 M€ au 1T16), le résultat net part du groupe au 1T17 s'établit à 280 M€ en progression de 40% sur un an. En Assurance, le chiffre d'affaires global, hors traité de réassurance avec CNP, s'élève au 1T17 à 3,3 Md€ contre   1,8 Md€ au 1T16. La hausse de 84% entre les deux périodes découle notamment du déploiement de l'offre d'assurance-vie dans les Caisses d'Epargne depuis début 2016. Sur un an, le chiffre d'affaires de l'assurance-vie progresse de 113% et la collecte nette s'établit à 1,9 Md€ au 1T17 (0,6 Md€ au 1T16). La stratégie de réorientation volontariste de l'offre vers les contrats en unités de compte se traduit par une hausse de 11pp sur un an de la part des UC à plus de 47% de la collecte nette. Les encours gérés atteignent 50 Md€ à fin mars 2017 et progressent de 12% sur un an. Au 1T17, le chiffre d'affaires augmente de 7% pour la Prévoyance & l'ADE et de 9% pour les activités dommages grâce au dynamisme de tous les segments (Auto, MRH.). Au 1T17, le PNB de la Banque de Grande Clientèle augmente de 26% sur un an (+20% hors desk CVA/DVA). Les métiers de Global Markets ont connu au 1er trimestre 2017 une accélération de leur dynamique commerciale et affichent une croissance de 38% de leur PNB hors desk CVA/DVA par rapport au 1T16.   La contribution de l'ensemble des plateformes internationales dans les revenus de la BGC passe de 55% au 1T16 à 58% au 1T17, grâce à la croissance significative de leurs revenus (+32% vs 1T16). Le 1er trimestre 2017 est marqué par une forte diminution du coût du risque par rapport au 1T16 qui avait été impacté par des provisions sur le secteur Pétrole et Gaz. Le coût du risque se contracte de 59% sur un an à 29 M€.                   Ainsi, le résultat avant impôt a quasiment doublé sur un an, à 394 M€ au 1T17. Au 1T17, au sein de Global markets, FICT enregistre une hausse de 36% de son PNB hors desk CVA/DVA, soutenue par les croissances des revenus des segments Taux & Change (+56% vs. 1T16) et Securities Financing Group(1) (+73% vs. 1T16). Les activités de Fixed income affichent une croissance de 45% sur un an de leurs revenus au niveau des plateformes internationales. Le chiffre d'affaires de Coface, à périmètre et change constant, atteint 345 M€ au 1T17 et n'affiche qu'une légère contraction de 2% sur un an. En courant, il s'élève à 348 M€ contre 365 M€ au 1T16, une baisse de 5% en lien avec notamment la réduction des encours de risque de Coface sur les marchés émergents et une base de comparaison défavorable sur l'Amérique du Nord (grands contrats au 1T16). Conformément au plan Fit to Win, Coface continue d'exercer une bonne maitrise de ses dépenses : hors activité de gestion des garanties publiques, le cost ratio s'améliore de 0,8pp par rapport au 1T16, à 33,9%. La sinistralité décroît : le loss ratio ressort à 58,2% au 1T17 contre 68,0% au 4T16 et 72,4% au 3T16, en baisse significative crédibilisant l'objectif de 61% pour l'année 2017. Le ratio combiné net de réassurance s'établit à 92,0% au 1T17. Eléments exceptionnels : les données et commentaires de cette présentation sont basés sur les comptes de résultats de Natixis et de ses métiers retraités des éléments comptables exceptionnels détaillés en page 3 de ce communiqué de presse. Les comptes de résultats de Natixis et de ses métiers incluant ces éléments sont en annexes de ce communiqué de presse. Charges : somme des charges générales d'exploitation et des dotations aux amortissements et aux provisions pour dépréciations des immobilisations incorporelles et corporelles Ce communiqué peut comporter des objectifs et des commentaires relatifs aux objectifs et à la stratégie de Natixis. Par nature, ces objectifs reposent sur des hypothèses, des considérations relatives à des projets, des objectifs et des attentes en lien avec des événements, des opérations, des produits et des services futurs et non certains et sur des suppositions en termes de performances et de synergies futures. Aucune garantie ne peut être donnée quant à la réalisation de ces objectifs qui sont soumis à des risques inhérents, des incertitudes et des hypothèses relatives à Natixis, ses filiales et ses investissements, au développement des activités de Natixis et de ses filiales, aux tendances du secteur, aux futurs investissements et acquisitions, à l'évolution de la conjoncture économique, ou à celle relative aux principaux marchés locaux de Natixis, à la concurrence et à la réglementation. La réalisation de ces événements est incertaine, leur issue pourrait se révéler différente de celle envisagée aujourd'hui, ce qui est susceptible d'affecter significativement les résultats attendus. Les résultats réels pourraient différer significativement de ceux qui sont impliqués dans les objectifs. Les informations contenues dans ce communiqué, dans la mesure où elles sont relatives à d'autres parties que Natixis, ou sont issues de sources externes, n'ont pas fait l'objet de vérifications indépendantes et aucune déclaration ni aucun engagement ne sont donnés à leur égard, et aucune certitude ne doit être accordée sur l'exactitude, la sincérité, la précision et l'exhaustivité des informations ou opinions contenues dans ce communiqué. Ni Natixis ni ses représentants ne peuvent voir leur responsabilité engagée pour une quelconque négligence ou pour tout préjudice pouvant résulter de l'utilisation de ce communiqué ou de son contenu ou de tout ce qui leur est relatif ou de tout document ou information auxquels il pourrait faire référence.


News Article | May 9, 2017
Site: globenewswire.com

(1) Hors éléments exceptionnels et hors impact IFRIC 21 pour le calcul du RNPG retraité, du ROE et du ROTE (2) Sur la base des règles CRR-CRD4 publiées le 26 juin 2013, y compris compromis danois - sans mesures transitoires - sauf IDA sur pertes reportables. Ratio fin 2016, pro forma du phase in complémentaire de 20% sur les IDA prévu le 1er janvier 2017 Laurent Mignon, Directeur général de Natixis, a déclaré : «Natixis réalise un très bon premier trimestre grâce à la très forte dynamique de ses métiers coeurs, notamment dans la Banque de Grande Clientèle et l'Epargne, à la bonne maitrise de ses charges et à la baisse du coût du risque. Au cours de ce trimestre, l'activité Global markets a été particulièrement soutenue, notamment à l'international ; de même, dans la gestion d'actifs, nous avons enregistré le retour d'une collecte positive aux Etats Unis. Ce trimestre est parfaitement conforme aux objectifs de notre plan New Frontier, avec une hausse de la rentabilité de nos métiers coeurs, un bon contrôle de nos risques pondérés, la forte  contribution de nos activités à l'international et le développement soutenu de l'Assurance». Les métiers coeurs enregistrent une hausse de 14% de leur PNB sur un an. Celui-ci atteint 2 219 M€ au 1T17, et intègre notamment une hausse de 26% du PNB de la Banque de Grande Clientèle et un net rebond du PNB (+8% sur un an) des métiers de l'Epargne. Les Services Financiers Spécialisés affichent globalement une bonne résistance au premier trimestre 2017 avec un PNB stable par rapport au 1T16. Le PNB des Participations Financières s'établit à 153 M€ et englobe la baisse de 16% du PNB de Coface et de 30% des activités Corporate Data Solutions pour lesquelles la stratégie de désengagement se poursuit. Les charges d'exploitation s'établissent à 1 743 M€ au 1T17 et ressortent en hausse de 9% sur un an, affectées par une augmentation de la contribution estimée au Fonds de Résolution Unique à 128 M€ au 1T17 contre 79 M€ au 1T16. En retraitant la charge liée au Fonds de Résolution Unique, la hausse des charges se limite à 6%. Le coefficient d'exploitation hors IFRIC 21, à 67,9% au 1T17, baisse de 4,0pp sur un an. Le coût du risque ressort en baisse de 20% sur un an pour Natixis à 70 M€ au 1T17 et intègre une nette amélioration du coût du risque dans la BGC de 59% sur la même période.   Exprimé en point de base des encours de crédit, le coût du risque des métiers coeurs s'établit à 24pb au 1T17, en nette diminution par rapport au 1T16, marqué par un effort de provisionnement sur le secteur de l'énergie et des commodities. Le résultat net part du groupe retraité de l'impact IFRIC 21 et hors éléments exceptionnels s'élève à 436 M€ au 1T17, en hausse de 40% sur un an. En intégrant les éléments exceptionnels (-26 M€ net d'impôt au 1T17 vs. -13 M€ au 1T16) et l'impact IFRIC 21 (+130 M€ au 1T17 vs. +98 M€ au 1T16), le résultat net part du groupe au 1T17 s'établit à 280 M€ en progression de 40% sur un an. En Assurance, le chiffre d'affaires global, hors traité de réassurance avec CNP, s'élève au 1T17 à 3,3 Md€ contre   1,8 Md€ au 1T16. La hausse de 84% entre les deux périodes découle notamment du déploiement de l'offre d'assurance-vie dans les Caisses d'Epargne depuis début 2016. Sur un an, le chiffre d'affaires de l'assurance-vie progresse de 113% et la collecte nette s'établit à 1,9 Md€ au 1T17 (0,6 Md€ au 1T16). La stratégie de réorientation volontariste de l'offre vers les contrats en unités de compte se traduit par une hausse de 11pp sur un an de la part des UC à plus de 47% de la collecte nette. Les encours gérés atteignent 50 Md€ à fin mars 2017 et progressent de 12% sur un an. Au 1T17, le chiffre d'affaires augmente de 7% pour la Prévoyance & l'ADE et de 9% pour les activités dommages grâce au dynamisme de tous les segments (Auto, MRH.). Au 1T17, le PNB de la Banque de Grande Clientèle augmente de 26% sur un an (+20% hors desk CVA/DVA). Les métiers de Global Markets ont connu au 1er trimestre 2017 une accélération de leur dynamique commerciale et affichent une croissance de 38% de leur PNB hors desk CVA/DVA par rapport au 1T16.   La contribution de l'ensemble des plateformes internationales dans les revenus de la BGC passe de 55% au 1T16 à 58% au 1T17, grâce à la croissance significative de leurs revenus (+32% vs 1T16). Le 1er trimestre 2017 est marqué par une forte diminution du coût du risque par rapport au 1T16 qui avait été impacté par des provisions sur le secteur Pétrole et Gaz. Le coût du risque se contracte de 59% sur un an à 29 M€.                   Ainsi, le résultat avant impôt a quasiment doublé sur un an, à 394 M€ au 1T17. Au 1T17, au sein de Global markets, FICT enregistre une hausse de 36% de son PNB hors desk CVA/DVA, soutenue par les croissances des revenus des segments Taux & Change (+56% vs. 1T16) et Securities Financing Group(1) (+73% vs. 1T16). Les activités de Fixed income affichent une croissance de 45% sur un an de leurs revenus au niveau des plateformes internationales. Le chiffre d'affaires de Coface, à périmètre et change constant, atteint 345 M€ au 1T17 et n'affiche qu'une légère contraction de 2% sur un an. En courant, il s'élève à 348 M€ contre 365 M€ au 1T16, une baisse de 5% en lien avec notamment la réduction des encours de risque de Coface sur les marchés émergents et une base de comparaison défavorable sur l'Amérique du Nord (grands contrats au 1T16). Conformément au plan Fit to Win, Coface continue d'exercer une bonne maitrise de ses dépenses : hors activité de gestion des garanties publiques, le cost ratio s'améliore de 0,8pp par rapport au 1T16, à 33,9%. La sinistralité décroît : le loss ratio ressort à 58,2% au 1T17 contre 68,0% au 4T16 et 72,4% au 3T16, en baisse significative crédibilisant l'objectif de 61% pour l'année 2017. Le ratio combiné net de réassurance s'établit à 92,0% au 1T17. Eléments exceptionnels : les données et commentaires de cette présentation sont basés sur les comptes de résultats de Natixis et de ses métiers retraités des éléments comptables exceptionnels détaillés en page 3 de ce communiqué de presse. Les comptes de résultats de Natixis et de ses métiers incluant ces éléments sont en annexes de ce communiqué de presse. Charges : somme des charges générales d'exploitation et des dotations aux amortissements et aux provisions pour dépréciations des immobilisations incorporelles et corporelles Ce communiqué peut comporter des objectifs et des commentaires relatifs aux objectifs et à la stratégie de Natixis. Par nature, ces objectifs reposent sur des hypothèses, des considérations relatives à des projets, des objectifs et des attentes en lien avec des événements, des opérations, des produits et des services futurs et non certains et sur des suppositions en termes de performances et de synergies futures. Aucune garantie ne peut être donnée quant à la réalisation de ces objectifs qui sont soumis à des risques inhérents, des incertitudes et des hypothèses relatives à Natixis, ses filiales et ses investissements, au développement des activités de Natixis et de ses filiales, aux tendances du secteur, aux futurs investissements et acquisitions, à l'évolution de la conjoncture économique, ou à celle relative aux principaux marchés locaux de Natixis, à la concurrence et à la réglementation. La réalisation de ces événements est incertaine, leur issue pourrait se révéler différente de celle envisagée aujourd'hui, ce qui est susceptible d'affecter significativement les résultats attendus. Les résultats réels pourraient différer significativement de ceux qui sont impliqués dans les objectifs. Les informations contenues dans ce communiqué, dans la mesure où elles sont relatives à d'autres parties que Natixis, ou sont issues de sources externes, n'ont pas fait l'objet de vérifications indépendantes et aucune déclaration ni aucun engagement ne sont donnés à leur égard, et aucune certitude ne doit être accordée sur l'exactitude, la sincérité, la précision et l'exhaustivité des informations ou opinions contenues dans ce communiqué. Ni Natixis ni ses représentants ne peuvent voir leur responsabilité engagée pour une quelconque négligence ou pour tout préjudice pouvant résulter de l'utilisation de ce communiqué ou de son contenu ou de tout ce qui leur est relatif ou de tout document ou information auxquels il pourrait faire référence.


News Article | May 10, 2017
Site: www.prnewswire.co.uk

From there, they were then able to push attention-grabbing content out via the StoryStream LiveScreen™ to a multitude of digital displays all around the venue. The LiveScreen™ display showcased the very best User Generated Content and Millennial 20/20's own branded content (Brand Generated Content or BGC) side by side, encouraging attendees to contribute further to the positive conversations happening. To include those not in attendance, a StoryStream SocialHub™ was integrated into the Millennial 20/20 website, providing followers with continuous real-time news and action. "StoryStream's live user generated content screens at our events and online social streams on our website massively enhance our summits. The level of curation is phenomenal and it helps connect all the different things going on at our events. It's also a way for our global community to experience what's happening and what's being discussed without having to be in the room. Our event wouldn't be the same without it." said Rupa Ganatra, Founding Partner, Millennial 20/20. "Our relationship with Millennial 20/20 summits as their official content partner strengthens every year as both their audience numbers and thought-provoking, refreshing discussions grow" said Shawn Cabral, Head of Marketing, StoryStream. "These events are all about opening up conversations, exchanging knowledge and sharing experiences about how to connect with the millennial generation. Exhibiting the right UGC and BGC based around the event encourages these to happen, making sure that attendees have plenty of ideas to take away." By the end of the summit, Millennial 20/20 London had created an extensive library of content highlighting the very best moments of the two days which were then collated into an attention grabbing post-event email. The project amplified the natural buzz of the event and made sure the positive reviews and experiences around it were also shared outside the Old Truman Brewery venue. "I really liked the digital displays around the venue. There was a lot going on so they served as a great live-reminder of where and when to be." Shane Bellamy, Head of Digital Media & Communications Europe, Pepsico. On the first day of the summit, StoryStream's CTO Neil Witten joined Tracy Woods, Head of Brand Marketing at carwow in a panel hosted by Tom Huxtable, Head of Business Development for StoryStream, to examine how automotive marketers can use UGC and digital technologies to talk to millennials. The video of the panel discussion can be watched here. StoryStream removes the complexity of managing content so marketers can focus on creating engaging, in the moment brand experiences for customers. Its smart content platform enables marketers to optimise the use of both User and Brand Generated Content at scale, across multi-channel touchpoints to drive customer engagement and conversions. StoryStream works with some of the world's most forward-thinking brands such as Porsche, Volvo, STA Travel and Audi, to accelerate how they use content for maximum business results. For more information, please visit www.story-stream.com or call us on +44-(0)-203-637-1169.


News Article | May 10, 2017
Site: www.prnewswire.com

From there, they were then able to push attention-grabbing content out via the StoryStream LiveScreen™ to a multitude of digital displays all around the venue. The LiveScreen™ display showcased the very best User Generated Content and Millennial 20/20's own branded content (Brand Generated Content or BGC) side by side, encouraging attendees to contribute further to the positive conversations happening. To include those not in attendance, a StoryStream SocialHub™ was integrated into the Millennial 20/20 website, providing followers with continuous real-time news and action. "StoryStream's live user generated content screens at our events and online social streams on our website massively enhance our summits. The level of curation is phenomenal and it helps connect all the different things going on at our events. It's also a way for our global community to experience what's happening and what's being discussed without having to be in the room. Our event wouldn't be the same without it." said Rupa Ganatra, Founding Partner, Millennial 20/20. "Our relationship with Millennial 20/20 summits as their official content partner strengthens every year as both their audience numbers and thought-provoking, refreshing discussions grow" said Shawn Cabral, Head of Marketing, StoryStream. "These events are all about opening up conversations, exchanging knowledge and sharing experiences about how to connect with the millennial generation. Exhibiting the right UGC and BGC based around the event encourages these to happen, making sure that attendees have plenty of ideas to take away." By the end of the summit, Millennial 20/20 London had created an extensive library of content highlighting the very best moments of the two days which were then collated into an attention grabbing post-event email. The project amplified the natural buzz of the event and made sure the positive reviews and experiences around it were also shared outside the Old Truman Brewery venue. "I really liked the digital displays around the venue. There was a lot going on so they served as a great live-reminder of where and when to be." Shane Bellamy, Head of Digital Media & Communications Europe, Pepsico. On the first day of the summit, StoryStream's CTO Neil Witten joined Tracy Woods, Head of Brand Marketing at carwow in a panel hosted by Tom Huxtable, Head of Business Development for StoryStream, to examine how automotive marketers can use UGC and digital technologies to talk to millennials. The video of the panel discussion can be watched here. StoryStream removes the complexity of managing content so marketers can focus on creating engaging, in the moment brand experiences for customers. Its smart content platform enables marketers to optimise the use of both User and Brand Generated Content at scale, across multi-channel touchpoints to drive customer engagement and conversions. StoryStream works with some of the world's most forward-thinking brands such as Porsche, Volvo, STA Travel and Audi, to accelerate how they use content for maximum business results. For more information, please visit www.story-stream.com or call us on +44-(0)-203-637-1169.


News Article | February 28, 2017
Site: www.marketwired.com

TORONTO, ONTARIO--(Marketwired - Feb. 28, 2017) - In its Real Estate Market Research study published today, Newmark Knight Frank Devencore reported that there was a surge of tenant activity in Toronto West in 4Q16, when approximately 615,000 square feet of office space was absorbed, marking Q4 as the most active quarter of the year. At the end of the year, the vacancy rate was 15.5% for all office classes in Toronto West, down from 17.0% in mid-2016. The Newmark Knight Frank Devencore report notes that part of the reason for the high vacancy and rates is the amount of new space that has been delivered to the Toronto West office market over the last 24 months--in excess of 685,000 square feet. Activity was particularly pronounced in the Airport Corporate Centre (ACC) submarket in 2016, when approximately 235,000 square feet of office space was absorbed. "The ACC has seen a resurgence of tenant interest," said Rob Renaud, Managing Principal/Broker of Record at Newmark Knight Frank Devencore's Toronto West office1. "The ACC has many advantages that tenants seek. Several new LEED buildings have retail amenities within close walking distance; as well, there has been improved access to public transit, all of which are draws for corporate tenants and their millennial employees." In the Meadowvale submarket, approximately 920,000 square feet was vacant at year-end, currently marking this submarket as the most challenged in Toronto West. "Notwithstanding that there may be one or two mid-size office lease transactions announced shortly, some of the marquis buildings in Meadowvale have been facing headwinds," Mr. Renaud said. "While over the last few years Meadowvale became the favoured submarket for major tenants looking to upgrade their office space, more recently the ACC has become a hotbed of activity for many corporate moves in Toronto West due to some of the key investments that have been made." Over the next 18 months the pace of development activity in Toronto West will slow and very little new speculative space is scheduled for construction. "Ample tenant opportunities exist, especially in some of the softer submarkets," Mr. Renaud said. "There are a number of landlords and developers willing to work with tenants to find creative ways to add value to leasing transactions, so there are some very good opportunities available in both new and older buildings." To read the complete market study, please go to: http://english.devencorenkf.com/home/market-information.aspx?d=728. As part of Newmark Grubb Knight Frank, one of the world's leading commercial real estate advisory firms, Newmark Knight Frank Devencore is Canada's largest corporate real estate advisor and brokerage, exclusively representing corporate, industrial and retail space users. With offices across the country, Newmark Knight Frank Devencore offers its global clientele comprehensive services that are individually designed to ensure executive real estate decisions are supported by effective strategies and professional execution. To learn more about our capabilities, please visit www.devencorenkf.com. Newmark Grubb Knight Frank (NGKF) is one of the world's leading commercial real estate advisory firms. Together with London-based partner Knight Frank and independently-owned offices, NGKF's 14,100 professionals operate from more than 400 offices in established and emerging property markets on six continents. With roots dating back to 1929, NGKF's strong foundation makes it one of the most trusted names in commercial real estate. NGKF's full-service platform comprises BGC's real estate services segment, offering commercial real estate tenants, landlords, investors and developers a wide range of services including leasing; capital markets services, including investment sales, debt placement, appraisal, and valuation services; commercial mortgage brokerage services; as well as corporate advisory services, consulting, project and development management, and property and corporate facilities management services. For further information, visit www.ngkf.com. NGKF is a part of BGC Partners, Inc., a leading global brokerage company servicing the financial and real estate markets. BGC's common stock trades on the NASDAQ Global Select Market under the ticker symbol (NASDAQ: BGCP). BGC also has an outstanding bond issuance of Senior Notes due June 15, 2042, which trade on the New York Stock Exchange under the symbol (NYSE: BGCA). BGC Partners is led by Chairman and Chief Executive Officer Howard W. Lutnick. For more information, please visit http://www.bgcpartners.com/.


News Article | February 14, 2017
Site: globenewswire.com

RADNOR, Pa., Feb. 14, 2017 (GLOBE NEWSWIRE) -- Kessler Topaz Meltzer & Check, LLP reminds General Cable Corporation (NYSE:BGC) (“General Cable” or the “Company”) shareholders that a class action lawsuit has been filed in the United States District Court for the Southern District of New York on behalf of purchasers of General Cable’s securities between February 23, 2012 and February 10, 2016, inclusive (the “Class Period”).  DEADLINE REMINDER: General Cable shareholders may, no later than March 6, 2017, petition the Court to be appointed as a lead plaintiff representative of the class.  For additional information, or to learn how to participate in this action, please visit https://www.ktmc.com/new-cases/general-cable-corporation#join. Shareholders who wish to discuss their legal rights or interests with respect to this action are encouraged to contact Kessler Topaz Meltzer & Check (Darren J. Check, Esq., D. Seamus Kaskela, Esq. or Adrienne O. Bell, Esq.) at (888) 299 – 7706 or (610) 667 – 7706, or via e-mail at info@ktmc.com. General Cable Corporation designs, develops, manufactures, markets, and distributes copper, aluminum, and fiber optic wire and cable products for the energy, industrial, construction, and specialty and communications markets worldwide. The Complaint alleges that during the Class Period General Cable and certain of its executive officers made false and/or misleading statements and/or failed to disclose that: (i) General Cable paid millions of dollars in bribes to government officials in foreign countries, including Angola, Bangladesh, China, Egypt, Indonesia, India, and Thailand, in order to secure business; (ii) the foregoing conduct was in violation of the Foreign Corrupt Practices Act (the “FCPA”); (iii) General Cable’s revenues were therefore in part the product of illegal conduct, and, as such, subject to disgorgement and unlikely to be sustainable; and (iv) the foregoing conduct, when it became known, would subject the Company to significant regulatory scrutiny and financial penalties.  The complaint further alleges that, as a result of the foregoing, General Cable’s statements about its business, operations and prospects were false and misleading and/or lacked a reasonable basis at all relevant times. On September 22, 2014, General Cable disclosed that it was reviewing “payment practices,” “the use of agents,” and “the manner in which the payments were reflected on our books and records” in connection with the Company’s operations in Portugal, Angola, Thailand, and India.  On this news, shares of the Company’s stock fell $0.93 per share, or 4.7%, to close at $18.96 on September 22, 2014. Subsequently, on February 10, 2016, General Cable reported that it had increased a disgorgement accrual for a potential FCPA settlement to $33 million after identifying “certain other transactions that may raise concerns.”  On this news, shares of the Company’s stock fell an additional $3.05 per share, or 31.6%, to close at $6.60 on February 11, 2016. Finally, on December 29, 2016, The Wall Street Journal reported that General Cable had entered into a non-prosecution agreement with the U.S. Department of Justice and “agreed to pay $75.8 million to settle allegations it paid bribes across Africa and Asia and . . . agreed to an additional $6.5 million penalty to settle accounting-related violations.”  The article further reported that the Company’s subsidiaries, “over a period of a dozen years, paid about $13 million to third-party agents and distributors,” who in turn “paid bribes to government officials in Angola, Bangladesh, China, Indonesia and Thailand to get business in violation of the Foreign Corrupt Practices Act.” General Cable shareholders may, no later than March 6, 2017, petition the Court to be appointed as a lead plaintiff representative of the class through Kessler Topaz Meltzer & Check or other counsel, or may choose to do nothing and remain an absent class member.  A lead plaintiff is a representative party who acts on behalf of all class members in directing the litigation.  In order to be appointed as a lead plaintiff, the Court must determine that the class member’s claim is typical of the claims of other class members, and that the class member will adequately represent the class in the action.  Your ability to share in any recovery is not affected by the decision of whether or not to serve as a lead plaintiff.  For additional information, or to learn how to participate in this action, please visit https://www.ktmc.com/new-cases/general-cable-corporation#join. Kessler Topaz Meltzer & Check prosecutes class actions in state and federal courts throughout the country.  Kessler Topaz Meltzer & Check is a driving force behind corporate governance reform, and has recovered billions of dollars on behalf of institutional and individual investors from the United States and around the world.  The firm represents investors, consumers and whistleblowers (private citizens who report fraudulent practices against the government and share in the recovery of government dollars).  The complaint in this action was not filed by Kessler Topaz Meltzer & Check.  For more information about Kessler Topaz Meltzer & Check, please visit www.ktmc.com.

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