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News Article | November 29, 2016
Site: www.prnewswire.co.uk

WASHINGTON, Nov. 29, 2016 /PRNewswire/ -- UATP announced today that it is partnering with contactless payment specialist, Paymagnet, to supply Member airlines with the capability to accept contactless card payments directly within an airline's mobile app on any NFC-enabled smartphone. "This strategic alliance provides UATP Merchants with Paymagnet's anti-fraud approach to accept mobile In-App card payments tailored to the airline industry," Paymagnet´s executive director, Martin Glettler M.Sc., stated.  "The initial focus of the partnership will be to work with Low Cost Carriers in Europe, where in some areas contactless payment penetration is up to 40-50%." Any transaction that can be processed on a POS system can now be completed on a smartphone with Paymagnet. The client simply taps a credit card towards the smartphone's NFC sensor, and then Paymagnet scans the card, validates it and processes it instantly. Since a physical card must be present at payment, travelers are protected from stolen card number fraud. "UATP connects airlines to alternative forms of payment brands across the globe; by adding Paymagnet, we enhance our portfolio and are able to offer contactless payments, which is only expected to continue to increase with the recent European mandate that all POS systems must have contactless payment acceptance capability by 2020," noted Ralph Kaiser, UATP's President and CEO. Paymagnet takes pride in offering the most intuitive, personal and secure mobile NFC interface that allows merchants to accept payments from anywhere with a smartphone. Earlier this year, Paymagnet was listed as a BBVA Open Talent 2016 finalist, an award dedicated to recognizing innovative technological projects that influence the financial industry. For further details visit UATP.com or paymagnet.com or visit Paymagnet at the Fintech Connect in London, UK ExCeL, Stand 84. UATP is a global payment solution owned and operated by the world's airlines and accepted by thousands of merchants for air, rail and travel agency payments. UATP connects airlines to Alternative Forms of Payment which can expand reach and generate incremental sales globally. UATP offers easy-to-use data tools, DataStreamSM and DataMineSM, which provide comprehensive account details to Issuers and Corporate Subscribers for accurate travel management. Accepted as a form of payment for corporate business travel worldwide by airlines, travel agencies and Amtrak®; UATP accounts are issued by: Aeromexico; APG Airlines; Air Canada (TSE: AC) Air New Zealand (ANZFF.PK); Air Niugini; American Airlines (NASDAQ: AAL); 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 and 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) and WestJet. AirPlus International issues the UATP-based Company Account for: British Airways (LSE: IAG) and Lufthansa German Airlines. PAYMAGNET is an international payment service provider, specializing in tailored NFC-mobile solutions in EMEA & USA. Paymagnet invented a new payment system able to process credit card payments directly through sensors on a smartphone. This service uses NFC technology and supports contactless MasterCard and Visa payments without the need for any adapters or POS equipment. Earlier this year, Paymagnet was listed as a BBVA Open Talent 2016 finalist, an award dedicated to recognizing innovative technological projects that influence the financial industry. Paymagnet positions itself as a new force in the payments industry, and built an extensive worldwide acquiring network, so partners and merchants receive the following benefits:


WASHINGTON, 29 de noviembre de 2016 /PRNewswire/ -- UATP anunció hoy que se ha asociado con el especialista de pagos sin contacto Paymagnet para suministrar a las aerolíneas miembro capacidad para aceptar tarjetas de pago sin contacto directamente dentro de la aplicación móvil de la aerolínea en cualquier Smartphone compatible con NFC. "Esta alianza estratégica proporciona a los comerciantes UATP una aproximación anti-fraude de Paymagnet para aceptar los pagos de tarjetas móviles In-App destinados a la industria de las aerolíneas", afirmó el director ejecutivo de Paymagnet, Martin Glettler M.Sc. "El objetivo inicial de la asociación será trabajar con las aerolíneas de bajo coste de Europa, donde en algunas áreas la penetración del pago sin contactos es de hasta un 40% o 50%". Cualquier transacción se puede procesar por medio de un sistema POS que pueda completarse con un smartphone que disponga de Paymagnet. El cliente tan solo ha de llevar la tarjeta de crédito hacia el sensor NFC del smartphone, y después Paymagnet escanea la tarjeta, la valida y procesa de forma instantánea. Como la tarjeta física ha de estar presente en el pago, los viajeros están protegidos del fraude los números de tarjeta robados. "UATP conecta a las aerolíneas con las formas alternativas de marcas de pago de todo el mundo; al añadir Paymagnet, mejoramos nuestra cartera y somos capaces de ofrecer pagos sin contactos, algo que solo se espera continúe creciendo con el reciente mandato de Europa de que todos los sistemas POS han de disponer de una capacidad de aceptación de pago sin contactos para el año 2020", explicó Ralph Kaiser, director general y consejero delegado de UATP. Paymagnet se enorgullece al ofrecer la interfaz móvil NFC más intuitiva, personal y segura, permitiendo a los comerciantes aceptar pagos desde cualquier parte con un smartphone. A principios de este año, Paymagnet se introdujo en la lista de finalistas BBVA Open Talent 2016, un premio dedicado al reconocimiento de proyectos tecnológicos innovadores que incluyen dentro de la industria de las finanzas. Si desea más detalles visite UATP.com o paymagnet.com o visite Paymagnet en Fintech Connect en Londres, UK ExCeL, expositor 84. UATP es una solución de pago de escala mundial cuya propiedad y operaciones están en manos de las aerolíneas del planeta y es aceptada por miles de agentes mercantiles para recibir pagos de billetes de avión, tren y otros servicios de agencias de viajes. UATP conecta a las aerolíneas con formas alternativas de pago que pueden ampliar su alcance y generar ventas incrementales en todo el mundo. UATP ofrece herramientas de datos fáciles de usar, DataStreamSM y DataMineSM, que proporcionan detalles exhaustivos de las cuentas a emisores y suscriptores corporativos para brindar una gestión precisa de viajes. Aceptada como forma de pago para viajes corporativos de negocios en todo el mundo por aerolíneas, agencias de viajes y Amtrak®; las cuentas UATP son emitidas por: Aeromexico; APG Airlines; Air Canada (TSE: AC) Air New Zealand (ANZFF.PK); Air Niugini; American Airlines (NASDAQ: AAL); 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 and 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) y WestJet. AirPlus International emite la cuenta de compañía basada en UATP de British Airways (LSE: IAG) y la aerolínea alemana Lufthansa. PAYMAGNET es un proveedor de servicios de pago internacional especializado en soluciones destinadas móviles NFC en EMEA y Estados Unidos. Paymagnet inventó un nuevo sistema de pago capaz de procesar los pagos con tarjeta de crédito directamente por medio de sensores en un smartphone. Este servicio utiliza la tecnología NFC y es compatible con los pagos sin contactos MasterCard y Visa sin necesitar de ningún adaptador o equipamiento POS. A principios de este año, Paymagnet fue incluido en la lista de finalistas BBVA Open Talent 2016, un premio dedicado a reconocer los proyectos tecnológicos innovadores que incluyen en la industria de las finanzas. Paymagnet se posiciona así misma como una nueva fuerza dentro de la industria de los pagos, construyendo una red mundial amplia de adquisiciones, por lo que los socios y comerciantes reciben los siguientes beneficios:


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 25, 2017
Site: www.theguardian.com

At 35,000 feet above the Atlantic, there is no free lunch - and certainly not for passengers who have only stumped up £69 for a flight on Norwegian. Some of the fares advertised this week to the US from the UK and Ireland are lower than the passenger taxes levied on the tickets. Is it too good to be true – and if not, how are Norwegian doing it? Alas, £69 fares are likely to prove elusive for most. On Thursday, Norwegian launched 10 new transatlantic routes – from Edinburgh, Belfast, Cork, Shannon and Dublin to destinations billed as New York, Boston and New England – and it was briefly possible to book for £69 out (and £60.80 back) from Edinburgh to New York in the summer months. But with taxes and charges costing the airline £146 per passenger, these were limited loss-leaders. By Thursday afternoon, Norwegian’s transatlantic fares from Ireland’s airports this summer were at least €270 (£228) one-way. And for those fares, a passenger would forego niceties such as a reserved seat, onboard food, or checked baggage. All of the those cost extra and a suitcase alone adds £80-100. Comparing routes out of Gatwick, from where Norwegian started undercutting UK long-haul competitors in 2014, the cheapest fares in June are typically £393 for a return. And that is usually on days when rivals such as British Airways or American, operating out of the same airport, are a touch over £500. Those rivals are offering as standard the kind of services – food and luggage, in particular – for which Norwegian demands a further £90-100 (if pre-booked), eradicating most of the difference. Add in those, and on some dates, Virgin Atlantic from Heathrow would work out cheaper. The big difference between the Gatwick departures and the upcoming “£69” hops from Scotland and Ireland is where passengers land in the US. In a move reminiscent of Ryanair’s notorious Frankfurt (Hahn) gambit – which involved the airline flying to an old military base 75 miles from the German hub – Norwegian will be offloading its New York passengers at Stewart international, an airport that has not hitherto troubled many international travellers. Its terminal building, with the red brick and mock turrets that resemble an out-of-town Tesco supermarket, includes a newsstand and a small gift shop, while the outskirts of New York city itself are a good 90-minute drive away. Similar distances link Providence and Bradley airports to Boston and New England’s usual points of interest, but Norwegian’s chief executive, Bjørn Kjos, is stout in his defence of airports with no other connections to Europe. “Of course secondary airports will be much cheaper. It’s very expensive to fly into a Newark or a JFK,” he told the Guardian. “Most passengers don’t care where they land. And passengers will find it’s very convenient to fly into these airports because there’s no queue at immigration, no problems. You’re going to have a second gin and tonic before you see the other passengers get out of immigration from JFK.” As well as benefitting from significantly lower landing charges at its transatlantic destinations, Norwegian uses a young fleet of fuel-efficient planes. It launched its Gatwick-US routes using Boeing’s 787 Dreamliners, which claim to deliver fuel savings of 20-25% compared with similar long-haul planes – a number that is significant given fuel remains the biggest single operating cost for any airline. Norwegian packs on more seats with fewer cabins, although it does have a premium economy class on its 787, which Kjos said was attracting more and more business passengers (at fares of around £900 for a return from London): “They know the product, they get a good bargain. We have hit the right spot right there.” The Irish routes will operate with an even smaller plane, the Boeing 737 MAX, which has a longer range and more seats than existing single-aisle aircraft. Its range means Norwegian can operate to the US eastern seaboard on a flight with a similar feel to European short-haul journeys, in a single economy cabin. “I don’t see anything really different about flying long-haul or short-haul,” said Kjos. “Now with the new aircraft types we are able to fill a gap that wasn’t even there before – flying direct to the US from small cities that didn’t have the possibility.” He added: “I think we will shape the industry. If you call it disruption it will be disruption. EasyJet and Ryanair created a new way of travelling in Europe. Now we will do that with low-cost and long haul.” Norwegian started as a small regional airline before turning into a low-cost carrier that operated across Scandinavia. Its growth has surged throughout Europe since 2012, when it opened its Gatwick base and placed a large order for new fuel-efficient Boeing and Airbus planes. Only easyJet and BA are bigger at Gatwick, while Norwegian is now overtaking old rival SAS – the pan-Scandinavian carrier that once dominated its home market – to become Europe’s eighth biggest airline, carrying 30 million passengers a year compared with 12 million just five years ago. But questions still linger over the business model for some: so far, profits have been slim, with the £109m Norwegian made last year its best to date, by some way. Aviation analyst John Strickland said that while the new routes would attract traffic and be popular in the summer months, it was less clear how many could remain profitable and sustainable in the long-term. There was also the threat of a strong competitive response. Willie Walsh, chief executive of IAG, owner of BA and Aer Lingus, dismissed the fares as “gimmicks”, and flagged up how rapidly they had sold out. However, Walsh added: “I’m a great fan of Bjorn Kjos.” Walsh said Aer Lingus, and even possibly BA, could imitate Norwegian’s “unbundled” fares, without meals and bags included, if consumers bought them. Meanwhile, Kjos has his eyes on other markets: South America is in his sights, and he says Africa could follow. But Strickland remains sceptical of Norwegian’s global ambitions, warning: “The more you broaden, the more you bring in multiple challenges and complexities and it’s going to take some very attentive management to keep it all in place.” Kjos, 70, the former fighter pilot and paratrooper, who expanded Norwegian from a small upstart, may himself not be around to run the airline for ever. “I should have a natural retirement plan but I haven’t had time to think about that,” he said, laughing.


News Article | December 5, 2016
Site: marketersmedia.com

LONDON, ENGLAND / ACCESSWIRE / December 5, 2016 / Global political tensions have not been this palpable since 9/11, when gold prices jumped 32.87% in a single day, and the amount of uncertainty being ushered in for 2017 promises to be great for the precious metal, our age-hold hedge against chaos and instability. For a fully-funded junior gold miner backed by heavy hitters in one of the world's hottest venues, Fiore Exploration Ltd (TSX-V–F.V), the timing is brilliant, the production costs fantastic, and the future golden. What we have right now is a situation in which gold prices are stable, but mining and exploration, which has been all but halted, is very cheap, leaving all kinds of fantastic plays up for grabs. Combine this with the fact that an unpredictable and inflation-bent Trump is preparing to take office in the U.S., the British prime minister is set to trigger a 'hard Brexit', China's economic problems are mounting, most of the world is explosively tense, and you have a situation in which gold is set for a premium. Gold is the ultimate safe-haven and the ultimate means of payment when all else fails, or when the uncertainty is high enough to fear this failure. The transition is where billions are made, and the turning point in this story is upon us. Here is where you look for the small-cap that defies all the risky norms of this class of precious metals miner. This is exactly where you find Fiore, a company that is backed by a miner so big that raising capital is as easy as snapping your fingers; a company that has chosen a prime jurisdiction right next to an operating gold mine; a company whose management team knows gold better than anyone. Here are 5 reasons to keep a close eye on this small-cap, heavy hitter: 1. Precious Again: Are you Ready for the Gold Rebound? Americans are buying gold like never before. U.S. demand for gold bars and coins was up a massive 207% in Q3 2016. According to the World Gold Council, this surging demand signals a level of interest in gold investment "not seen since the global financial crisis." Gold is being rendered even more attractive for Americans amid economic uncertainty most succinctly expressed by billionaire investor Warren Buffett, of Berkshire Hathaway Inc. (NYSE:BRK.A), who noted that the U.S. is "less well equipped to handle a financial crisis today than we were in 2008." Central Banks, the world over, have also been stockpiling the precious metal since 2008, at levels not seen since before 1970. One of the world's biggest legends in mining, Canadian billionaire Frank Giustra, who is also the founder of Lionsgate Entertainment Corporation (NYSE:LGF), is pouncing on gold voraciously, and where his gold money goes, markets tend to follow. He's also the heavy hitter backing Fiore. Still, gold is under a bit of pressure, and the U.S. presidential elections certainly didn't help. After climbing back up during the first three quarters of this year to be one of the best performing assets of the year, gold experienced a volatile few days, taking a dive on the 'surprise' victory of Trump, with a few unexplained ups and downs, largely because no one could quite figure out what the President-elect would mean for the precious metal. Finally, during the last week of November, prices stabilized and are presently up about 10% year to date. It's a solid price for miners, particularly for Fiore, but it's only the beginning of a new era. What comes next is what makes billionaires, because gold stocks are still cheap while the fundamentals are fantastic. Kinross Gold (NYSE:KCG), Newmont Mining (NYSE:NEM), Barrick Gold (NYSE:ABX) and IAMGold (NYSE:IAG) are all trading at less than 10 times cash flow from operations per share. Even with the modest recovery in prices this year, we saw TSX Venture gold stocks create millionaires over night by tripling and quadrupling in value. So imagine what will happen when Trump's inflationary policies set in, and the world reels from a geopolitical uncertainty that is palpable… While Election Day and the day after had markets in a state of panicked confusion, the jury now seems to have deliberated, and the verdict is that Trump will be good for gold in two very specific ways: Inflation - gold loves it. More to the point, Trump's build, build, build infrastructure plans and ambitious defense spending visions are phenomenally inflationary. But it is also possible that these policies will not lead to any long-term sustainable growth, which would in turn lead to stagflation, which is an even better friend to gold. Geopolitics - gold prices feed on risk, and there will be plenty of it. Even just a change in government creates geopolitical uncertainty, but in this case the situation is more extreme. Trump has indicated he will take an aggressive stance on issues central to West Asia, and in general, we're looking at a world in which the U.S. may meddle much less and cooperate much less. The power vacuums that ensue are where the uncertainty lies. From the victory of a very divisive U.S. president and the rise of right-wing parties in Europe, to Brexit, China's economic challenges and Russia's warmongering, this is the uncertainty that gold loves. Gold is always put on a premium pedestal in times of geopolitical uncertainty, even when it's not chaos. Right now, gold is massively oversold, and historically, these are levels that always lead to a major rally. It's the calm before the storm. Some analysts believe we could be looking at gold prices of $1600 or higher this time next year already. This is the brilliantly timed scenario in which Fiore is diving very aggressively into Latin America's gold bonanza. Fiore breaks the mold when it comes to small-cap gold miners. There's nothing an investor likes more than a company with positive cash flow and the ability to raise capital with the snap of its fingers. The company is backed by miner extraordinaire, Giustra, the Canadian business mogul who really needs no introduction as he has financed countless high-level natural resource deals. Giustra's mining prowess is nothing short of legendary, and capital follows him around automatically. This is what most everyone in the industry refers to as the "Giustra Premium", which is exactly why Fiore has a higher market capitalization than one would expect for a company at this stage. The company is nicely cashed-up, with $13.5 million in the treasury, thanks to $11 million in financing, in part from its two major shareholders, Giustra and Brian Paes-Braga. The dream team here extends beyond Giustra to include some major players with very serious track records: Advisor Paul Matysek, who has created shareholder value of well over $2 billion in gold, lithium, potash and uranium CEO Tim Warman, a sought-after geologist with a string of successful, high-grade gold projects behind him Fiore, then, is not your average drill play. It can raise, and has raised, capital easily so it can drill at will, and it's also positioned itself in the sweet spot of the gold world, which brings us to Chile… Fiore's property in Latin America is the right in the heart of Chile's main mining center. There is absolutely no better location right now. Here, at the Pampas El Penon project, Fiore has been drilling on an 8,000-meter RC drill program since October, and it's right next to Yamana Gold's (NYSE:AUY) producing El Penon gold mine, which we already know is a sweet spot. What they're looking for, and on track to find very quickly, is the high-grade gold veins that Yamana is already mining next door. In the industry, this is called 'closeology', and it doesn't get any closer than this. Or does it? Well, in fact, it does. The five-year bear market for gold has led to some amazingly low production costs. This means that Fiore is drilling for less than $100 a meter. Even better, the infrastructure is already in place, and drilling can continue year round. As soon as Fiore sees drilling success, it can expand its drilling program without going back to the market. It's brilliantly financed for this. That means that when it wants to earn in to 100% of Pampas El Penon, it will take $1.8 million worth of work, and one payment of a half million dollars, all of which the company is already set up to handle. And it won't stop with Pampas. The plan is to add at least one new asset before the end of this year, maybe more. These are first-movers parked right next to a major producing gold mine, and they're ready to take on more. Pampas is just a starter project, but a big one backed by heavy hitters. Backed by big money, Fiore is taking advantage of a huge exploration vacuum in Latin America. Exploration has almost completely come to a standstill, and exploration budgets are down by 60% over the past five years. There are massive projects out there that have been orphaned, and Fiore has stepped in with the money and expertise at a time when things are about to change. 5. Gold Mining Stocks Have the Advantage, Fiore Has Even More Owning gold mining stocks is a brilliant move right now. Gold mining stocks are leveraged to the price of gold, while production costs are way below market price. This means that any small increase in the market price is a bonanza for the mining stock holder. Here's where Fiore rules the first-mover day in Latin America. While some gold miners are drowning in debt, Fiore has none and it's managed by a dream team of value-creators who know geology, know gold, and are hungry to drill and expand. The bear market is playing into Fiore's hands in a big way. Majors are still divesting, and Fiore is still shopping. This is where to be when the first drilling news comes in. Legal Disclaimer/Disclosure: This piece is an advertorial and has been paid for. This document is not and should not be construed as an offer to sell or the solicitation of an offer to purchase or subscribe for any investment. No information in this Report should be construed as individualized investment advice. A licensed financial advisor should be consulted prior to making any investment decision. We make no guarantee, representation or warranty and accept no responsibility or liability as to its accuracy or completeness. Expressions of opinion are those of Oilprice.com only and are subject to change without notice. Oilprice.com assumes no warranty, liability or guarantee for the current relevance, correctness or completeness of any information provided within this Report and will not be held liable for the consequence of reliance upon any opinion or statement contained herein or any omission. Furthermore, we assume no liability for any direct or indirect loss or damage or, in particular, for lost profit, which you may incur as a result of the use and existence of the information, provided within this Report. LONDON, ENGLAND / ACCESSWIRE / December 5, 2016 / Global political tensions have not been this palpable since 9/11, when gold prices jumped 32.87% in a single day, and the amount of uncertainty being ushered in for 2017 promises to be great for the precious metal, our age-hold hedge against chaos and instability. For a fully-funded junior gold miner backed by heavy hitters in one of the world's hottest venues, Fiore Exploration Ltd (TSX-V–F.V), the timing is brilliant, the production costs fantastic, and the future golden. What we have right now is a situation in which gold prices are stable, but mining and exploration, which has been all but halted, is very cheap, leaving all kinds of fantastic plays up for grabs. Combine this with the fact that an unpredictable and inflation-bent Trump is preparing to take office in the U.S., the British prime minister is set to trigger a 'hard Brexit', China's economic problems are mounting, most of the world is explosively tense, and you have a situation in which gold is set for a premium. Gold is the ultimate safe-haven and the ultimate means of payment when all else fails, or when the uncertainty is high enough to fear this failure. The transition is where billions are made, and the turning point in this story is upon us. Here is where you look for the small-cap that defies all the risky norms of this class of precious metals miner. This is exactly where you find Fiore, a company that is backed by a miner so big that raising capital is as easy as snapping your fingers; a company that has chosen a prime jurisdiction right next to an operating gold mine; a company whose management team knows gold better than anyone. Here are 5 reasons to keep a close eye on this small-cap, heavy hitter: 1. Precious Again: Are you Ready for the Gold Rebound? Americans are buying gold like never before. U.S. demand for gold bars and coins was up a massive 207% in Q3 2016. According to the World Gold Council, this surging demand signals a level of interest in gold investment "not seen since the global financial crisis." Gold is being rendered even more attractive for Americans amid economic uncertainty most succinctly expressed by billionaire investor Warren Buffett, of Berkshire Hathaway Inc. (NYSE:BRK.A), who noted that the U.S. is "less well equipped to handle a financial crisis today than we were in 2008." Central Banks, the world over, have also been stockpiling the precious metal since 2008, at levels not seen since before 1970. One of the world's biggest legends in mining, Canadian billionaire Frank Giustra, who is also the founder of Lionsgate Entertainment Corporation (NYSE:LGF), is pouncing on gold voraciously, and where his gold money goes, markets tend to follow. He's also the heavy hitter backing Fiore. Still, gold is under a bit of pressure, and the U.S. presidential elections certainly didn't help. After climbing back up during the first three quarters of this year to be one of the best performing assets of the year, gold experienced a volatile few days, taking a dive on the 'surprise' victory of Trump, with a few unexplained ups and downs, largely because no one could quite figure out what the President-elect would mean for the precious metal. Finally, during the last week of November, prices stabilized and are presently up about 10% year to date. It's a solid price for miners, particularly for Fiore, but it's only the beginning of a new era. What comes next is what makes billionaires, because gold stocks are still cheap while the fundamentals are fantastic. Kinross Gold (NYSE:KCG), Newmont Mining (NYSE:NEM), Barrick Gold (NYSE:ABX) and IAMGold (NYSE:IAG) are all trading at less than 10 times cash flow from operations per share. Even with the modest recovery in prices this year, we saw TSX Venture gold stocks create millionaires over night by tripling and quadrupling in value. So imagine what will happen when Trump's inflationary policies set in, and the world reels from a geopolitical uncertainty that is palpable… While Election Day and the day after had markets in a state of panicked confusion, the jury now seems to have deliberated, and the verdict is that Trump will be good for gold in two very specific ways: Inflation - gold loves it. More to the point, Trump's build, build, build infrastructure plans and ambitious defense spending visions are phenomenally inflationary. But it is also possible that these policies will not lead to any long-term sustainable growth, which would in turn lead to stagflation, which is an even better friend to gold. Geopolitics - gold prices feed on risk, and there will be plenty of it. Even just a change in government creates geopolitical uncertainty, but in this case the situation is more extreme. Trump has indicated he will take an aggressive stance on issues central to West Asia, and in general, we're looking at a world in which the U.S. may meddle much less and cooperate much less. The power vacuums that ensue are where the uncertainty lies. From the victory of a very divisive U.S. president and the rise of right-wing parties in Europe, to Brexit, China's economic challenges and Russia's warmongering, this is the uncertainty that gold loves. Gold is always put on a premium pedestal in times of geopolitical uncertainty, even when it's not chaos. Right now, gold is massively oversold, and historically, these are levels that always lead to a major rally. It's the calm before the storm. Some analysts believe we could be looking at gold prices of $1600 or higher this time next year already. This is the brilliantly timed scenario in which Fiore is diving very aggressively into Latin America's gold bonanza. Fiore breaks the mold when it comes to small-cap gold miners. There's nothing an investor likes more than a company with positive cash flow and the ability to raise capital with the snap of its fingers. The company is backed by miner extraordinaire, Giustra, the Canadian business mogul who really needs no introduction as he has financed countless high-level natural resource deals. Giustra's mining prowess is nothing short of legendary, and capital follows him around automatically. This is what most everyone in the industry refers to as the "Giustra Premium", which is exactly why Fiore has a higher market capitalization than one would expect for a company at this stage. The company is nicely cashed-up, with $13.5 million in the treasury, thanks to $11 million in financing, in part from its two major shareholders, Giustra and Brian Paes-Braga. The dream team here extends beyond Giustra to include some major players with very serious track records: Advisor Paul Matysek, who has created shareholder value of well over $2 billion in gold, lithium, potash and uranium CEO Tim Warman, a sought-after geologist with a string of successful, high-grade gold projects behind him Fiore, then, is not your average drill play. It can raise, and has raised, capital easily so it can drill at will, and it's also positioned itself in the sweet spot of the gold world, which brings us to Chile… Fiore's property in Latin America is the right in the heart of Chile's main mining center. There is absolutely no better location right now. Here, at the Pampas El Penon project, Fiore has been drilling on an 8,000-meter RC drill program since October, and it's right next to Yamana Gold's (NYSE:AUY) producing El Penon gold mine, which we already know is a sweet spot. What they're looking for, and on track to find very quickly, is the high-grade gold veins that Yamana is already mining next door. In the industry, this is called 'closeology', and it doesn't get any closer than this. Or does it? Well, in fact, it does. The five-year bear market for gold has led to some amazingly low production costs. This means that Fiore is drilling for less than $100 a meter. Even better, the infrastructure is already in place, and drilling can continue year round. As soon as Fiore sees drilling success, it can expand its drilling program without going back to the market. It's brilliantly financed for this. That means that when it wants to earn in to 100% of Pampas El Penon, it will take $1.8 million worth of work, and one payment of a half million dollars, all of which the company is already set up to handle. And it won't stop with Pampas. The plan is to add at least one new asset before the end of this year, maybe more. These are first-movers parked right next to a major producing gold mine, and they're ready to take on more. Pampas is just a starter project, but a big one backed by heavy hitters. Backed by big money, Fiore is taking advantage of a huge exploration vacuum in Latin America. Exploration has almost completely come to a standstill, and exploration budgets are down by 60% over the past five years. There are massive projects out there that have been orphaned, and Fiore has stepped in with the money and expertise at a time when things are about to change. 5. Gold Mining Stocks Have the Advantage, Fiore Has Even More Owning gold mining stocks is a brilliant move right now. Gold mining stocks are leveraged to the price of gold, while production costs are way below market price. This means that any small increase in the market price is a bonanza for the mining stock holder. Here's where Fiore rules the first-mover day in Latin America. While some gold miners are drowning in debt, Fiore has none and it's managed by a dream team of value-creators who know geology, know gold, and are hungry to drill and expand. The bear market is playing into Fiore's hands in a big way. Majors are still divesting, and Fiore is still shopping. This is where to be when the first drilling news comes in. Legal Disclaimer/Disclosure: This piece is an advertorial and has been paid for. This document is not and should not be construed as an offer to sell or the solicitation of an offer to purchase or subscribe for any investment. No information in this Report should be construed as individualized investment advice. A licensed financial advisor should be consulted prior to making any investment decision. We make no guarantee, representation or warranty and accept no responsibility or liability as to its accuracy or completeness. Expressions of opinion are those of Oilprice.com only and are subject to change without notice. Oilprice.com assumes no warranty, liability or guarantee for the current relevance, correctness or completeness of any information provided within this Report and will not be held liable for the consequence of reliance upon any opinion or statement contained herein or any omission. Furthermore, we assume no liability for any direct or indirect loss or damage or, in particular, for lost profit, which you may incur as a result of the use and existence of the information, provided within this Report.


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.


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. 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OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “aa-” of Industrial Alliance Insurance and Financial Services Inc. (IA) (Quebec) (TSX:IAG). Additionally, A.M. Best has affirmed the existing Long-Term Issue Credit Ratings (Long-Term IR) of IA. Concurrently, A.M. Best has affirmed the FSR of A (Excellent) and the Long-Term ICRs of “a” of IA’s U.S. life insurance subsidiaries: IA American Life Insurance Company, American-Amicable Life Insurance Company of Texas, Pioneer Security Life Insurance Company, Pioneer American Insurance Company and Occidental Life Insurance Company of North Carolina. (These companies are collectively known as the IA American Life Group.) All U.S. companies are domiciled in Waco, TX. Additionally, A.M. Best has affirmed the FSR of A (Excellent) and the Long-Term ICR of “a+” of Industrial Alliance Pacific General Insurance Corporation (IAPG) (headquartered in Vancouver, Canada). The outlook of these Credit Ratings (ratings) is stable. (See below for a detailed listing of the Long-Term IRs.) The ratings of IA reflect its solid absolute and risk-adjusted capitalizations, consistent profitability and continued growth in the retail services and segregated fund businesses. A.M. Best notes that IA has reported favorable capital levels despite the low interest rate environment, and financial leverage that remains at targeted levels and within A.M. Best’s tolerances for the company’s current rating level. Net income trends have been favorable, and the company had a strong return on equity in 2016 at 13%. The ratings also recognize IA’s diversified business profile and earnings stream, which has grown throughout Canada. The company’s distribution network also has grown through recent strategic acquisitions in the insurance, wealth management and group dealer services business. Partially offsetting these positive rating factors is IA’s exposure, albeit somewhat reduced, to equity and interest rate volatility. The equity market exposure is largely through the organization’s mutual fund and segregated fund lines of business in Canada. This exposure makes IA susceptible to lower fee income from assets under management and administration, lower sales from its savings and investment products and the possibility of higher reserve charges. However, IA’s dynamic hedging program for its segregated fund products has performed well. Additionally, top line growth has been impacted by slower mutual fund growth due to the very competitive market, weaker industry sales and recent equity market volatility. The ratings for the IA American Life Group recognize the support it has received from IA through capital contributions via surplus notes, several capital infusions, and synergies from home office management of its actuarial reserves and investment portfolio. A.M. Best also views positively IA American Life Group’s core focus on individual life insurance in the United States and positive, albeit modest, earnings in 2016. The IA American Life Group will continue to face challenges to gain market share in a highly competitive life insurance market in the United States, where it faces larger, more established players. While significant overall earnings have not yet materialized, A.M. Best expects further premium growth, and improved returns following progress made in reducing new business expense strain and improvements in underwriting. The ratings and outlooks reflect IAPG’s strong capitalization, solid operating performance, prominent market profile, and the implicit and explicit support it receives from its parent company, IA. Partially offsetting these positive rating factors are the company’s recent non-operationally based capital fluctuations, changing of product mix, competitive and economic market conditions in Canada, as well as upward pressure on operating expenses. The following Long-Term IRs have been affirmed: Industrial Alliance Insurance and Financial Services Inc.— -- “a” on CAD 250 million 2.80% subordinated debentures, due 2024 -- “a” on CAD 250 million 2.64% subordinated debentures, due 2027 -- “a” on CAD 400 million 3.30% subordinated debentures, due 2028 -- “a-” on CAD 125 million 4.60% non-cumulative perpetual preferred shares, Series B -- “a-” on CAD 250 million 4.30% non-cumulative perpetual preferred shares, Series G The following indicative Long-Term IRs on securities available under the shelf registration have been affirmed: Industrial Alliance Insurance and Financial Services Inc.— -- “a+” on senior unsecured debt -- “a” on subordinated debt -- “a-” on preferred shares This press release relates to Credit Ratings that have been published on A.M. Best’s website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see A.M. Best’s Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Understanding Best’s Credit Ratings. A.M. Best is the world’s oldest and most authoritative insurance rating and information source. For more information, visit www.ambest.com. Copyright © 2017 by A.M. Best Rating Services, Inc. and/or its subsidiaries. ALL RIGHTS RESERVED.

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