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News Article | May 13, 2017
Site: www.PR.com

Tigard, OR, May 13, 2017 --( Agilyx is completing its styrene oil production plant in Tigard, OR and is focused on the rapid deployment of additional facilities in both domestic and international markets. The combined resources of Agilyx and IAG underpin the achievement of growth goals leading to the establishment of Agilyx as the sole producer of low-carbon styrene monomer. “We are very excited to welcome IAG into our development team. IAG brings a depth of expertise that will greatly advance the number of projects we have under development,” commented Joseph Vaillancourt, Chairman and CEO. Scott Arnoldy, Triten’s COO, stated, “IAG is excited to work with an innovative leader like Agilyx. This partnership creates a world-class platform to drive the rapid expansion of Agilyx.” About IAG IAG is a capital program management company engaged in partnership relationships designed to optimize business gains via deployed capital. IAG aligns with owners to craft custom project execution strategies that enable sustainable competitive advantage. IAG principally executes facilities for downstream, chemicals, midstream, and terminaling industries. Founded in 1994, IAG is a subsidiary of Triten Corporation and is headquartered in Houston, TX. About Agilyx Agilyx is an environmental technology and development company located in Tigard, Oregon that extracts value from difficult-to-recycle mixed waste plastic streams. The Company has developed the first full circle system capable of recycling polystyrene (packaging materials and consumer products etc.) into styrene monomer, which is then used to remake polystyrene (“PS”) products. The company also has a hydrocarbon recycling technology that converts mixed plastics to high quality crude oil. Agilyx is working with waste service providers, municipalities, refiners, and private and public enterprises to develop closed-loop industrial solutions for mixed waste plastics. To learn more please contact info@agilyx.com. Tigard, OR, May 13, 2017 --( PR.com )-- Agilyx Corporation announced today it is partnering with International Alliance Group (IAG), a subsidiary of Triten Corporation, to leverage its project development, execution, and construction management expertise in pursuit of Agilyx’s development plans. Agilyx is focused on scaling its polystyrene recycling technology platform domestically and internationally. This agreement complements the existing relationship Agilyx forged with Jacobs Engineering Group (“Jacobs”).Agilyx is completing its styrene oil production plant in Tigard, OR and is focused on the rapid deployment of additional facilities in both domestic and international markets. The combined resources of Agilyx and IAG underpin the achievement of growth goals leading to the establishment of Agilyx as the sole producer of low-carbon styrene monomer.“We are very excited to welcome IAG into our development team. IAG brings a depth of expertise that will greatly advance the number of projects we have under development,” commented Joseph Vaillancourt, Chairman and CEO.Scott Arnoldy, Triten’s COO, stated, “IAG is excited to work with an innovative leader like Agilyx. This partnership creates a world-class platform to drive the rapid expansion of Agilyx.”About IAGIAG is a capital program management company engaged in partnership relationships designed to optimize business gains via deployed capital. IAG aligns with owners to craft custom project execution strategies that enable sustainable competitive advantage. IAG principally executes facilities for downstream, chemicals, midstream, and terminaling industries. Founded in 1994, IAG is a subsidiary of Triten Corporation and is headquartered in Houston, TX.About AgilyxAgilyx is an environmental technology and development company located in Tigard, Oregon that extracts value from difficult-to-recycle mixed waste plastic streams. The Company has developed the first full circle system capable of recycling polystyrene (packaging materials and consumer products etc.) into styrene monomer, which is then used to remake polystyrene (“PS”) products. The company also has a hydrocarbon recycling technology that converts mixed plastics to high quality crude oil. Agilyx is working with waste service providers, municipalities, refiners, and private and public enterprises to develop closed-loop industrial solutions for mixed waste plastics. To learn more please contact info@agilyx.com. Click here to view the list of recent Press Releases from Agilyx


CARROLLTON, Texas, May 12, 2017 /PRNewswire/ -- Headquartered in Sanger, TX Latham Stairs & Millwork, Inc. has been manufacturing high quality stair parts, mantelpieces, wood turnings and cedar products since the 90s. "When we contacted IAG about the business they were ve...


News Article | October 24, 2016
Site: www.theguardian.com

Chengdu was where British business would fly to and build trade links if only Heathrow was big enough, according to prominent backers of airport expansion. But less than three years after British Airways found a Heathrow slot to fly to the Chinese megacity, and on the eve of a decision to build a new runway, the airline has dropped the route because it is not commercially viable. BA launched direct flights to Chengdu, its fourth Chinese destination, in late 2013, and ran return flights five times a week. Even after having trimmed down the frequency and switched to a smaller, Boeing 787 plane, BA has confirmed that the service will end this January. Before it announced the new service, the lack of links to Chengdu had been highlighted by Heathrow and politicians as a major example of how capacity constraints at the airport were stopping Britain connecting to the world, especially to “emerging markets”. However, it now appears few people want to fly there. Launching Heathrow’s first submission to the Airports Commission in November 2012, the airport’s chief executive, Colin Matthews, said a lack of capacity was limiting Britain’s ability to connect to growing cities in emerging markets, such as Chengdu in China. Two months earlier, the lack of direct flights to Chengdu was highlighted in an intervention from senior Conservatives that prompted the then prime minister, David Cameron, to set up Sir Howard Davies’s commission and pave the way for expansion. In the opening line of an article demanding whether Cameron was “man or mouse”, MP Tim Yeo wrote: “What better way to kickstart Britain’s sluggish economy than by boosting trade with China? Perhaps with Chongqing, with 28 million consumers, many enjoying rising incomes. Or Chengdu, with 14 million.” A year before that, the then mayor of London, Boris Johnson, lamented the Chengdu-goer’s plight as he again argued for more runway capacity. “We are making it harder for British business people to get to the future megacities from London than from our competitor airports. If you want to fly to Chengdu … you can get there direct from one of London’s Continental rivals – but you can’t get there from Heathrow,” he said in a comment piece. In a statement, BA said on Monday: “We regret that we have decided to suspend the Heathrow to Chengdu route. We have a proud tradition of flying to China but despite operating this route for three years it is not commercially viable.” Willie Walsh, the chief executive of BA’s parent company IAG, has previously blamed the British visa regime for the disappointing traffic on the route. Aviation analyst John Strickland said: “I think what it shows is that China is not a mature aviation market outside the very established markets … But if you are going to allow a route to develop, you definitely need a hub airport like Heathrow where you can count on transfer passengers to support the point-to-point until the route reaches maturity.” A spokeswoman for the airport said a “degree of ebb and flow on demand on specific routes” was normal, adding: “The record shows Heathrow overall has gained and maintained new long-haul routes that are so critical for the British economy.” Destinations in emerging markets such as Vietnam and Indonesia were among the six long-haul routes added since 2010, she said. A spokesperson for Gatwick, which still hopes to beat Heathrow in building London’s next runway, said: “Lack of current connectivity to some markets – in China for instance – is less to do with capacity and more to do with lack of demand. When slots have become available, airlines at Heathrow have been consistently adding capacity on these profitable routes – such as North America and Europe – rather than use them for emerging markets.” BA’s 787 plane and Heathrow slot will be used to fly to New Orleans instead.


News Article | May 17, 2017
Site: www.PR.com

Chicago, IL, May 17, 2017 --( “With Joe’s addition, we strengthen our core capabilities and expand our opportunities not just in North America, but around the globe,” said Charles Botchway CEO of Madison Street Capital. “I am excited to join Madison Street Capital – a formidable boutique investment bank with unrivaled knowledge in the middle market space. The team’s detailed know-how coupled with global perspective really sets Madison Street Capital apart,” added Joseph Alioto. Mr. Alioto possesses more than 25 years of global operational and transactional experience, with a primary focus on the logistics and technology space, where he has covered and advised some of the industry’s largest corporations. Mr. Alioto joined the Franco-American trading group TransOptions while he was a member of the Chicago Board of Options Exchange and was the first American to trade options on the Paris Bourse. Turning his transactional skills towards the world of international trade and logistics, he spent many successful years with Fritz Companies (acquired by UPS in 2001). Mr. Alioto played an integral role in the realization of the Fritz’ acquisition growth strategy by overseeing multiple operational and systems integrations. In addition, Mr. Alioto’s entrepreneurial endeavors include ERP Systems sales, integration and consulting, as well as being a founding member of VeriTainer, a startup that invented, funded and fully developed the art of crane mounted nuclear and radiological scanning of shipping containers. His capable and prolific fundraising efforts were key to the success of that emerging technology. Through his various experiences, Mr. Alioto has developed the ability for understanding and ascertaining the goals and objectives of complex initiatives and then bringing to bear the appropriate resources to drive them to fruition. Mr. Alioto holds a Bachelor of Science in Applied Economics from the University of San Francisco. He served 10 years as a director and chairman on the board of The Imagine Bus Project, a non-profit providing arts curricula for incarcerated youth. Mr. Alioto is dedicated father of two college-aged children, a passionate chef, skier and learner and is fluent in English, French, and Italian. About Madison Street Capital Madison Street Capital is an international investment banking firm committed to integrity, excellence, leadership and service in delivering corporate financial advisory services, merger and acquisition expertise, financial opinions, and valuation services to publicly and privately held businesses. These services position our clients to succeed in the global marketplace. In undertaking each new project, the client’s goals and objectives become ours, ranging from financial advisory and successful capital raises to M&A transactions to transfers of ownership. Madison Street Capital views emerging markets as the core component driving the global growth of our clients, and will continue to focus significant assets on these markets. Our firm has earned the trust of clients around the world through our unwavering dedication to the highest levels of professional standards. For additional information, please visit our website at Chicago, IL, May 17, 2017 --( PR.com )-- Madison Street Capital is pleased to announce that Joseph Alioto has joined the firm as Managing Director and will head the International Advisory Group (IAG). In this role, Mr. Alioto will work on the execution of Madison Street Capital’s global strategy, deepen client relationships and enhance global connectivity to increase our market share and drive growth.“With Joe’s addition, we strengthen our core capabilities and expand our opportunities not just in North America, but around the globe,” said Charles Botchway CEO of Madison Street Capital.“I am excited to join Madison Street Capital – a formidable boutique investment bank with unrivaled knowledge in the middle market space. The team’s detailed know-how coupled with global perspective really sets Madison Street Capital apart,” added Joseph Alioto.Mr. Alioto possesses more than 25 years of global operational and transactional experience, with a primary focus on the logistics and technology space, where he has covered and advised some of the industry’s largest corporations. Mr. Alioto joined the Franco-American trading group TransOptions while he was a member of the Chicago Board of Options Exchange and was the first American to trade options on the Paris Bourse. Turning his transactional skills towards the world of international trade and logistics, he spent many successful years with Fritz Companies (acquired by UPS in 2001). Mr. Alioto played an integral role in the realization of the Fritz’ acquisition growth strategy by overseeing multiple operational and systems integrations.In addition, Mr. Alioto’s entrepreneurial endeavors include ERP Systems sales, integration and consulting, as well as being a founding member of VeriTainer, a startup that invented, funded and fully developed the art of crane mounted nuclear and radiological scanning of shipping containers. His capable and prolific fundraising efforts were key to the success of that emerging technology. Through his various experiences, Mr. Alioto has developed the ability for understanding and ascertaining the goals and objectives of complex initiatives and then bringing to bear the appropriate resources to drive them to fruition.Mr. Alioto holds a Bachelor of Science in Applied Economics from the University of San Francisco. He served 10 years as a director and chairman on the board of The Imagine Bus Project, a non-profit providing arts curricula for incarcerated youth. Mr. Alioto is dedicated father of two college-aged children, a passionate chef, skier and learner and is fluent in English, French, and Italian.About Madison Street CapitalMadison Street Capital is an international investment banking firm committed to integrity, excellence, leadership and service in delivering corporate financial advisory services, merger and acquisition expertise, financial opinions, and valuation services to publicly and privately held businesses. These services position our clients to succeed in the global marketplace. In undertaking each new project, the client’s goals and objectives become ours, ranging from financial advisory and successful capital raises to M&A transactions to transfers of ownership. Madison Street Capital views emerging markets as the core component driving the global growth of our clients, and will continue to focus significant assets on these markets. Our firm has earned the trust of clients around the world through our unwavering dedication to the highest levels of professional standards. For additional information, please visit our website at www.madisonstreetcapital.com


News Article | May 17, 2017
Site: www.24-7pressrelease.com

FARMINGTON HILLS, MI, May 17, 2017-- At the helm of IAG, Feight works with individuals, organizations, and corporations to deliver unique marketing concepts and provide expertise on risk management.Max Armstrong has over three decades of experience in agriculture broadcasting, having twice received the Oscar In Agriculture and awarded the highest honors by the National Agri-Marketing Association. His broadcasts have reached across all 50 states and 30 different nations. Feight will be discussing with Armstrong the current agricultural conditions and climate in the U.S., and how these pertain to the "climate" of risk management.Producers, investors and anyone interested in agriculture rely on the experts at This Week in Agribusiness to deliver their unparalleled perspective on the latest technological advances in agribusiness and the policies and trends that help to shape the industry. IAG and Feight are honored to have this opportunity to make an appearance on this highly respected broadcast.International Agribusiness Group (IAG) is an agribusiness risk management firm offering both private and competitively exclusive consulting services. Their client base spans across the food supply continuum, ranging from producers to processors, to agricultural commodity investors and other agri-entities. IAG shares their expert opinions through periodic and recurring speaking engagements, authorship, and regular industry reporting. Together, the consultants at IAG bring 80 years of combined experience analyzing agricultural industry data and developing winning marketing strategies for their customers.For more information visit: iag-group.com Contact:Zach LeDuc(734) 769-9453 ext 2Source:


News Article | May 16, 2017
Site: www.prnewswire.com

Weaker-than-expected, U.S. economic data has also helped support the rise in gold prices. The Labor Department stated on Friday, that the consumer price index rose 0.2 percent in April and increased 2.2 percent over the past 12 months, which is at a slower pace than the 2.3 percent advance economists' had estimated. The U.S. Retail sales increased 0.4 percent in April, which is also a lower accrual than the 0.6 percent gain economists' forecasted; as gold is highly sensitive to changes in the interest rate. Argonaut Securities analyst, Helen Lau said, "The data seems to be pointing to a weakening trend (in the U.S. economy). Based on what we have so far, unless there is more stronger data, more than two (U.S.) rate hikes are not very likely." - Reuters reported. BonTerra Resources Inc. (TSX-V: BTR), just this morning announced that, ongoing drilling to the west of the main Gladiator Deposit within the 'Rivage Gap' has encountered multiple high grade intersections as well as a major strike length extension of the new North horizon. -Multiple high grade intersections encountered in the Rivage Gap and extends the new North zone to the west. -Four distinct zones intersected in the 'Rivage Gap' area, confirming the existence of the Main and Footwall zones, plus extending to the West, the North and Mid zones. -Main and Footwall zones extended to the west, connecting them with the Rivage Gap area. -Results confirm the strike length of over 1 km for each of the Main and Footwall Zones. -Drilling intersects deepest mineralization to-date in Rivage Gap area, at 330m below surface. -Continuity of mineralization demonstrated in multiple horizons between the Gladiator Deposit and the Rivage Zone. -Drilled dimensions of the Gladiator Deposit now outlined to a depth of 850 meters below surface, and a strike length of 1,200 meters (1.2 km). -Gladiator remains open in all directions with drilling currently focused on the Deep East Zone, the Rivage Gap western side, and within large gaps or voids with currently little drill information. Nav Dhaliwal, CEO and President of Bonterra, stated: "Results from the Rivage Gap, or the western area of the Gladiator Gold Deposit, continue to add positive value to the understanding of the geological model and the potential addition of significant new resources. A recent interpretation has determined that the Rivage Gap is part of the main mineralized system, and our technical team is currently confirming the impact of what the most recent results clearly demonstrate. We are excited with the continued positive results from within the Rivage Gap area, and look forward to further extending these zones, similar to our success within the main Gladiator area." Robert Gagnon, P.Geo. has approved the information contained in this release. Mr. Gagnon is a director of Bonterra and is a Qualified Person as defined by NI 43-101. Kinross Gold Corporation (NYSE: KGC) is a Canadian-based senior gold mining company with mines and projects in the United States, Brazil, Russia, Mauritania, Chile and Ghana. On March 28th, the company announced that it has agreed to sell its 25% interest in the Cerro Casale project in Chile, and its 100% interest in the Quebrada Seca exploration project located adjacent to Cerro Casale, to Goldcorp Inc. Additionally, on closing Kinross will enter into a water supply agreement with the Cerro Casale joint venture. After certain conditions are met, the agreement will provide Kinross with certain rights to access up to a fixed amount, water not required by the Cerro Casale joint venture. Kinross expects to use this water for its Chilean assets and would be responsible for the incremental capital costs to accommodate the supply of water to the Company, along with it's pro rata share of operating and maintenance costs. Eldorado Gold Corp. (NYSE: EGO) announce that it has entered into a definitive agreement with Integra Gold Corp. (OTCQX: ICGQF), pursuant to which Eldorado has agreed to acquire all of the issued and outstanding common shares of Integra that it does not currently own, by way of a plan of arrangement under the Business Corporations Act (British Columbia). Eldorado's offer represents: A value of C$1.21250 for each Integra common share based on the May 12, 2017 closing price of Eldorado common shares on the Toronto Stock Exchange. A premium of approximately 52% to Integra's May 12, 2017 closing price and a premium of 46% based on the volume weighted average prices ("VWAP") of both companies on the Toronto Stock Exchange, for the 20-day period ending May 12, 2017. IAMGOLD Corp. (NYSE: IAG) on May 11th provided an update on the ongoing exploration program at its Monster Lake joint venture project located 50 kilometers southwest of Chibougamau, Quebec, Canada. The company is reporting assay results from the first eleven drill holes, totaling just over 5,100 meters, from a total of 24 diamond drill holes, totaling 10,657 meters, completed this past winter. Craig MacDougall, Senior Vice President, Exploration for IAMGOLD, stated: "Assays from this winter drilling program continue to return encouraging results, including those from a new zone along the main hosting structure, as well as from a lower parallel shear zone. The potential for the discovery of additional mineralized shoots is considered favorable." Please SIGN UP NOW at http://www.FinancialBuzz.com To Receive Alerts on Trending Financial News from all these companies. "The Latest Buzz in Financial News" Subscribe Now! 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WASHINGTON, 3 mars 2017 /PRNewswire/ -- UATP a annoncé aujourd'hui son partenariat avec Trustly, une société suédoise financière et technologique, qui va permettre aux compagnies aériennes d'accepter facilement des paiements bancaires en ligne instantanés pour les achats de billets en Europe. Le partenariat entre UATP et Trustly donne aux voyageurs la possibilité d'acheter des billets d'avion directement à partir de la plateforme de réservation d'une compagnie aérienne en utilisant leur compte bancaire préféré. Ce nouveau service réduit le coût de distribution de la compagnie aérienne, élimine les risques de fraude, limite les risques de rejet de débit pour les compagnies aériennes et simplifie les propositions de vente directe des compagnies aériennes. « Trustly est ravi de collaborer avec UATP pour offrir aux compagnies aériennes une option européenne leader de paiements bancaires », a déclaré Oscar Berglund, le PDG de Trustly. « En réponse à la demande des clients, Trustly permet aux voyageurs de payer directement à partir de  leurs comptes bancaires. C'est simple, sécurisé. Cela aide à augmenter la vitesse de conversion et à diminuer l'abandon de la réservation ». « Ce partenariat aidera les compagnies aériennes membres d'UATP à acquérir un avantage concurrentiel en donnant aux voyageurs un accès à un mode de paiement très privilégié en Europe », a déclaré Ralph Kaiser, le président et PDG d'UATP. « Trustly couvre actuellement 29 pays et est relié à plus de 190 banques. En raison de leur large portée avec les banques à travers l'Europe, les compagnies aériennes de cette région seront au centre du partenariat UATP/Trustly ». Pour obtenir des informations supplémentaires, visiter : UATP.com ou Trustly.com. UATP est une solution de paiement mondiale détenue et exploitée par les compagnies aériennes internationales et acceptée par des milliers de vendeurs des secteurs aérien et ferroviaire et des agences touristiques. UATP propose aux compagnies aériennes une formule alternative de paiement qui peut élargir leur portée et générer des ventes supplémentaires à l'échelle mondiale. UATP propose les solutions de traitements de données faciles à utiliser DataStream℠ et DataMine℠. Ces outils fournissent des informations complètes sur les comptes, et permettent aux émetteurs et aux abonnés d'entreprise de gérer avec précision leurs voyages. Acceptés par les compagnies aériennes, les agences touristiques et Amtrak® comme une forme de paiement pour voyages d'affaires dans le monde entier, les comptes UATP sont émis par : Aeromexico ; Air Canada (TSE : AC) Air New Zealand (ANZFF.PK) ; Air Niugini ; American Airlines (NASDAQ : AAL) ; APG Airlines ; Austrian Airlines ; China Eastern Airlines (NYSE : CEA) ; Delta Air Lines (NYSE : DAL) ; EL AL Israel Airlines; Etihad Airways ; Frontier Airlines ; GOL Linhas aereas inteligentes S.A. (NYSE : GOL et Bovespa : GOLL4) ; Hahn Air ; Japan Airlines (9201 :JP) ; Malaysia Airlines ; Qantas Airways (QUBSF.PK); Shandong Airlines ; Transavia Airlines ; TUIfly GmbH ; Turkish Airlines (ISE : THYAO) ; United Airlines (NYSE : UAL) et WestJet. AirPlus International émet les comptes UATP d'entreprise pour : British Airways (LSE : IAG) et Lufthansa German Airlines. Fondée en 2008, Trustly Group AB est une société suédoise financière et technique qui rend les paiements bancaires en ligne rapides, simples et sécurisés. La société offre des paiements transfrontaliers à partir de comptes bancaires de consommation de 190 banques dans 29 marchés européens et relie les entreprises et les consommateurs dans les services de commerce électronique, de voyages, de jeux et financiers. FinTechCity London prédit que Trustly va révolutionner le secteur des services financiers et, en 2016, le journal Dagens Industri a décerné le prix Gasell à Trustly pour être l'une des compagnies à la plus forte croissance en Suède. Trustly compte 150 employés et est basée à Stockholm, en Suède, et elle dispose de bureaux régionaux en Espagne, à Malte, en Allemagne et au Royaume-Uni. Trustly est un établissement de paiement agréé sous la supervision de l'Autorité suédoise de surveillance financière. Pour en savoir plus, consulter l'adresse : www.trustly.com.


News Article | February 14, 2017
Site: www.theguardian.com

British Airways cabin crew have announced four more days of strikes, to start on 22 February, as a dispute over pay continues. About 2,900 crew members in BA’s mixed fleet belonging to the Unite union will stage industrial action for four days starting next Wednesday. The union says it aims to “pile on the pressure” on the airline, which it accuses of paying poverty wages to cabin crew. The strike is in addition to four days of strikes due to start on Friday. Since the start of the year there have been 11 days of strike action, including six days last week. But executives last week ruled out further negotiations. Basic pay in the mixed fleet, which all new recruits to BA join, starts at around £12,000, though the airline says crew earn a minimum of £21,000 after allowances and bonuses. Unite says cabin crew earn £16,000 a year on average. Unite says BA has been forced to “wet lease” aircraft from other airlines to cover for the striking staff and estimates that this is costing the airline between £2,000 and £3,000 an hour. Unite regional officer Matt Smith said: “Our estimates put the amount of money British Airways has spent on defending the dispute and poverty pay at £1m. “This is money which the airline has taken a conscious decision to give to other airlines rather than addressing pay levels which are forcing hardworking mixed fleet cabin crew into financial hardship.” He urged BA to attend arbitration talks with the Advisory, Conciliation and Arbitration Service (Acas). BA said the action would not disrupt passengers’ journeys. During this weekend’s strike, all flights to and from London Gatwick and City airports would operate as normal, as would the vast majority of flights from Heathrow, a spokesman said. The airline would be “merging a very small number of flights” – around 1% of flights planned, the spokesman said. “We will publish more details over the weekend in relation to further strikes called by Mixed Fleet Unite for 22-25 February, but as in previous strikes all customers will fly to their destinations,” the spokesman said. During last week’s strike BA cancelled 34 flights due to strike action, but the airline said all passengers had reached their destination. More than 9,000 cabin crew belonging to a different Unite branch had voted to accept the pay deal this week, according to a BA statement. Last week Willie Walsh, chief executive of BA’s parent company, IAG, said: “The offer’s on the table. There are no negotiations. The strikes have had no effect, the passengers are flying and flights are operating. So I’d say this is completely futile action on the part of the union. The offer we’ve made is a fair offer.”


News Article | October 27, 2010
Site: www.theguardian.com

Willie Walsh, the British Airways chief executive, will receive a 12% pay increase and an annual bonus of up to £1.65m when he seals a £4bn merger with Spain's Iberia, it was disclosed today. The inflation-busting pay rises for senior figures at both airlines have emerged at a potentially sensitive time for BA, as cabin crew at the British flag carrier prepare to vote on a peace offer that could end a year-long industrial dispute. Walsh will earn a basic salary of £825,000 per year when he becomes chief executive of International Consolidated Airlines Group [IAG], up from £735,000 at BA. His successor as chief executive of BA, Keith Williams, who is chief financial officer at the airline, will see his pay rise by 43% from £440,000 to £630,000 per year, with a maximum bonus that has been set at 150% of his salary or £945,000. Both executives have exercised restraint over their remuneration in recent years, led by Walsh who waived a £700,000 bonus in the wake of the botched launch of Terminal 5 in 2008 and turned down a further bonus worth £344,000 this year amid the cabin crew dispute. Walsh and Williams also worked for a month without pay last year after asking the airline's 38,000 staff to take unpaid leave or waive a proportion of their salary. BA said the salaries and bonus schemes, revealed in merger documents published today, , were drawn up following comparisons with the remuneration of FTSE 100 executives. "The pay levels have been set to reflect the market rate for a company with similar market capitalisations and turnover and to take into account the individual responsibilities of the top team," said a BA spokesperson. IAG was valued at just under £4bn when terms were agreed last year, with the shareholder split weighted 56% to 44% in the British carrier's favour. IAG will carry 61.5 million passengers per year, generating revenues of more than £13bn, with 419 aircraft and a combined workforce of more than 60,000 people. Shareholders in BA and Iberia will vote on the merger in separate meetings on 29 November and, if they approve the deal, stock in the new business will begin trading in London and Madrid on January 24. The 49-year old Walsh could earn a maximum annual bonus of £1.65m, although half will be in shares and deferred for three years. John Strickland, an airline consultant and former BA manager, said Walsh had proven his credentials by orchestrating the Iberia deal and an alliance with American Airlines that will launch next year. "It was really imperative that these things were done and it has taken not a little dexterity and skill to achieve them." Strickland added that the main issue overhanging BA was the cabin crew dispute, which has seen 22 days of strikes so far this year. A ballot on a peace offer has been delayed as the Unite trade union works through one of the agreement clauses, which asks that the union drops legal action related to the dispute. Under the terms of the peace offer, 13,000 cabin crew will receive a pay rise of 2.9% next year followed by an increase of 3% in 2012. A spokesperson said Walsh's 12% increase reflected the switch to a new job that involved running two airlines. BA has asked that Unite and its main cabin crew branch, Bassa, recommend the offer as a precondition for tabling it to Unite members. Unite and Bassa declined to comment on the pay rises, although Bassa emailed its 10,000 members a wire report detailing the increases. Later this week BA is expected to announce a first-half pre-tax profit of £70m, a year after it unveiled its worst ever first-half results since privatisation with a £292m pre-tax loss. The first six months of BA's financial year are traditionally its most profitable because they include the summer trading period. The BA chairman, Martin Broughton, will also gain the title of non-executive deputy chairman of IAG, earning €350,000 (£305,000) per year with an additional fee of €175,000 "to meet the needs of his position during the integration of the IAG Group after the merger". The document does not rule out the fee becoming an annual fixture, stating that it will be reviewed on "a yearly basis for successive years." The incoming non-executive chairman of IAG, Iberia's Antonio Vazquez Romero, will receive a fee of €235,000 under a similar arrangment, on top of his annual salary of €645,000.


LONDON, UK / ACCESSWIRE / March 2, 2017 / Active Wall St. announces the list of stocks for today's research reports. Pre-market the Active Wall St. team provides the technical coverage impacting selected stocks trading on the Toronto Exchange and belonging under the Insurance industry. Companies recently under review include Manulife Financial, Power Corp. of Canada, Power Financial, and Industrial Alliance Insurance and Financial Services. Get all of our free research reports by signing up at: On Wednesday, March 01, 2017, at the end of trading session, the Toronto Exchange Composite index ended the day at 15,599.68, 1.30% higher, on a total volume of 436,734,636 shares. Additionally, the Financials index was up by 1.53%, ending the session at 294.87. Active Wall St. has initiated research reports on the following equities: Manulife Financial Corporation (TSX: MFC), Power Corporation of Canada (TSX: POW), Power Financial Corporation (TSX: PWF), and Industrial Alliance Insurance and Financial Services Inc. (TSX: IAG). Register with us now for your free membership and research reports at: Toronto, Canada headquartered Manulife Financial Corp.'s stock advanced 2.57%, to finish Wednesday's session at $24.34 with a total volume of 10.89 million shares traded. Over the last three months and the previous one year, Manulife Financial's shares have gained 4.73% and 32.35%, respectively. The Company's shares are trading above its 200-day moving average. Industrial Alliance Insurance and Financial Services' 50-day moving average of $24.66 is above its 200-day moving average of $21.64. Shares of the Company, which together with its subsidiaries, provides financial advice, insurance, and wealth and asset management solutions for individuals, groups, and institutions in Asia, Canada, and the US, are trading at a PE ratio of 17.26. See our research report on MFC.TO at: On Wednesday, shares in Montréal, Canada headquartered Power Corp. of Canada recorded a trading volume of 897,821 shares, which was higher than their three months average volume of 822,876 shares. The stock ended the day 2.85% lower at $31.78. Power Corp. of Canada's stock has advanced 4.51% in the last one month and 7.26% in the previous three months. Furthermore, the stock has gained 10.85% in the past one year. The Company is trading above its 50-day and 200-day moving averages. The stock's 50-day moving average of $30.93 is above its 200-day moving average of $29.33. Shares of the Company, which operates as a diversified international management and holding company with interests primarily in the financial services, communications, and other business sectors in Canada, the US, Europe, and Asia, are trading at PE ratio of 15.86. The complimentary research report on POW.TO at: On Wednesday, shares in Montréal, Canada-based Power Financial Corp. ended the session 2.50% higher at $35.31 with a total volume of 374,297 shares traded. Power Financial's shares have advanced 5.09% in the last one month and 4.81% in the previous three months. Furthermore, the stock has gained 14.31% in the past one year. The Company's shares are trading above its 50-day and 200-day moving averages. Furthermore, the stock's 50-day moving average of $34.45 is greater than its 200-day moving average of $32.53. Shares of Power Financial, which provides financial services in Canada, the US, Europe, and Asia, are trading at a PE ratio of 13.78. Register for free and access the latest research report on PWF.TO at: Industrial Alliance Insurance and Financial Services Inc. Quebec City, Canada headquartered Industrial Alliance Insurance and Financial Services Inc.'s stock closed the day 2.79% higher at $56.67. The stock recorded a trading volume of 345,082 shares, which was above its three months average volume of 229,870 shares. Industrial Alliance Insurance and Financial Services' shares have gained 2.72% in the last one month and 53.83% in the past one year. The company's shares are trading above their 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $56.08 is greater than its 200-day moving average of $52.33. Shares of the Company, which provides various life and health insurance products in Canada, are trading at a PE ratio of 10.92. Get free access to your research report on IAG.TO at: Active Wall Street (AWS) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. AWS has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below. AWS has not been compensated; directly or indirectly; for producing or publishing this document. The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst, for further information on analyst credentials, please email info@activewallst.com. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by AWS. AWS is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way. AWS, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. AWS, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, AWS, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice. This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither AWS nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://www.activewallst.com/disclaimer/. For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at: CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute. LONDON, UK / ACCESSWIRE / March 2, 2017 / Active Wall St. announces the list of stocks for today's research reports. Pre-market the Active Wall St. team provides the technical coverage impacting selected stocks trading on the Toronto Exchange and belonging under the Insurance industry. Companies recently under review include Manulife Financial, Power Corp. of Canada, Power Financial, and Industrial Alliance Insurance and Financial Services. Get all of our free research reports by signing up at: On Wednesday, March 01, 2017, at the end of trading session, the Toronto Exchange Composite index ended the day at 15,599.68, 1.30% higher, on a total volume of 436,734,636 shares. Additionally, the Financials index was up by 1.53%, ending the session at 294.87. Active Wall St. has initiated research reports on the following equities: Manulife Financial Corporation (TSX: MFC), Power Corporation of Canada (TSX: POW), Power Financial Corporation (TSX: PWF), and Industrial Alliance Insurance and Financial Services Inc. (TSX: IAG). Register with us now for your free membership and research reports at: Toronto, Canada headquartered Manulife Financial Corp.'s stock advanced 2.57%, to finish Wednesday's session at $24.34 with a total volume of 10.89 million shares traded. Over the last three months and the previous one year, Manulife Financial's shares have gained 4.73% and 32.35%, respectively. The Company's shares are trading above its 200-day moving average. Industrial Alliance Insurance and Financial Services' 50-day moving average of $24.66 is above its 200-day moving average of $21.64. Shares of the Company, which together with its subsidiaries, provides financial advice, insurance, and wealth and asset management solutions for individuals, groups, and institutions in Asia, Canada, and the US, are trading at a PE ratio of 17.26. See our research report on MFC.TO at: On Wednesday, shares in Montréal, Canada headquartered Power Corp. of Canada recorded a trading volume of 897,821 shares, which was higher than their three months average volume of 822,876 shares. The stock ended the day 2.85% lower at $31.78. Power Corp. of Canada's stock has advanced 4.51% in the last one month and 7.26% in the previous three months. Furthermore, the stock has gained 10.85% in the past one year. The Company is trading above its 50-day and 200-day moving averages. The stock's 50-day moving average of $30.93 is above its 200-day moving average of $29.33. Shares of the Company, which operates as a diversified international management and holding company with interests primarily in the financial services, communications, and other business sectors in Canada, the US, Europe, and Asia, are trading at PE ratio of 15.86. The complimentary research report on POW.TO at: On Wednesday, shares in Montréal, Canada-based Power Financial Corp. ended the session 2.50% higher at $35.31 with a total volume of 374,297 shares traded. Power Financial's shares have advanced 5.09% in the last one month and 4.81% in the previous three months. Furthermore, the stock has gained 14.31% in the past one year. The Company's shares are trading above its 50-day and 200-day moving averages. Furthermore, the stock's 50-day moving average of $34.45 is greater than its 200-day moving average of $32.53. Shares of Power Financial, which provides financial services in Canada, the US, Europe, and Asia, are trading at a PE ratio of 13.78. Register for free and access the latest research report on PWF.TO at: Industrial Alliance Insurance and Financial Services Inc. Quebec City, Canada headquartered Industrial Alliance Insurance and Financial Services Inc.'s stock closed the day 2.79% higher at $56.67. The stock recorded a trading volume of 345,082 shares, which was above its three months average volume of 229,870 shares. Industrial Alliance Insurance and Financial Services' shares have gained 2.72% in the last one month and 53.83% in the past one year. The company's shares are trading above their 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $56.08 is greater than its 200-day moving average of $52.33. Shares of the Company, which provides various life and health insurance products in Canada, are trading at a PE ratio of 10.92. Get free access to your research report on IAG.TO at: Active Wall Street (AWS) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. AWS has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below. AWS has not been compensated; directly or indirectly; for producing or publishing this document. The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst, for further information on analyst credentials, please email info@activewallst.com. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by AWS. AWS is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way. AWS, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. AWS, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, AWS, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice. This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither AWS nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://www.activewallst.com/disclaimer/. For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at: CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

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