Visit Springfield Ohio http://visitspringfieldohio.com/ Sun, 10 Oct 2021 16:50:55 +0000 en-US hourly 1 https://wordpress.org/?v=5.8 http://visitspringfieldohio.com/wp-content/uploads/2021/04/visit-springfield-ohio-icon-150x150.png Visit Springfield Ohio http://visitspringfieldohio.com/ 32 32 Tired East Lothian restaurant launches deposit program after 500 no-shows in one month http://visitspringfieldohio.com/tired-east-lothian-restaurant-launches-deposit-program-after-500-no-shows-in-one-month/ Sun, 10 Oct 2021 10:55:33 +0000 http://visitspringfieldohio.com/tired-east-lothian-restaurant-launches-deposit-program-after-500-no-shows-in-one-month/

A fed up East Lothian restaurant is launching a £ 10 deposit scheme after 500 no-shows in a month.

The Ship Inn in Musselburgh recorded 549 no-shows in August, which they called “heartbreaking.”

To combat the situation they have introduced a deposit system of £ 10 per person for any future bookings.

READ MORE – Aldi buyers go wild for the return of a ‘life-changing’ Specialbuys item

If you need to cancel your reservation, you can do so by calling or online via your booking confirmation.

The popular restaurant wrote on its social media page:

“Unfortunately, due to an extremely high number of no-shows and late cancellations, we have no choice but to charge a deposit of £ 10 per person when booking.

“In August, we had 549 no-shows and late cancellations. I am sure you will agree that it is heartbreaking for us.

“If you have a reservation with us and cannot make it, please cancel and give someone else the option to reserve.

“You can cancel by phone or via your booking confirmation.

“We hope you understand our situation and look forward to welcoming you. “



Get all the latest news and headlines from Edinburgh, Fife and the Lothians straight to your inbox twice a day by signing up for our free newsletter.

From the latest news to the latest on the coronavirus crisis in Scotland, we’ve got you covered.

The morning newsletter arrives every day before 9 a.m. and the evening newsletter, organized manually by the team, is sent out at 6.30 p.m., giving you an overview of the most important stories of the day.

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The customers were friendly at the beloved local spot.

Liz Brown said: “Completely understandable. If customers are committed to visiting, that shouldn’t be a problem.

“Obviously, no one can explain the disease, but it’s no different than pre-booking at the cinema. “

Scott Crearie said: “It’s ridiculous – especially after such a tough time and you’re trying to get back on your feet!”

While Shona King added: “Totally agree with you to do this.

“I just can’t understand people who don’t have the ways to call and cancel and think it’s okay not to show up!” “

The hospitality industry has been one of the hardest hit by the covid-19 pandemic with restrictions leaving restaurants and pubs closed for months at a time in 2020.

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Krystal Biotech, Inc. (NASDAQ: KRYS) Receives Average “Buy” Analyst Rating http://visitspringfieldohio.com/krystal-biotech-inc-nasdaq-krys-receives-average-buy-analyst-rating/ Sun, 10 Oct 2021 09:33:07 +0000 http://visitspringfieldohio.com/krystal-biotech-inc-nasdaq-krys-receives-average-buy-analyst-rating/

Krystal Biotech, Inc. (NASDAQ: KRYS) earned an average “Buy” recommendation from the seven rating companies that currently cover the stock, reports MarketBeat. One research analyst rated the stock with a keep recommendation and six issued a buy recommendation on the company. The average one-year target price among brokers who reported on the stock in the past year is $ 97.50.

A number of equity research analysts have weighed on the company recently. Goldman Sachs Group Downgraded Krystal Biotech from “Neutral” to “Buy” Rating and Raised Target Share Price from $ 73.00 to $ 90.00 in Published Research Report Tuesday July 20. William Blair reaffirmed a “buy” note on Krystal Biotech shares in a research report on Friday, July 2. Jonestrading reaffirmed a “buy” rating and set a price target of $ 97.00 on Krystal Biotech shares in a research report released on Friday, July 2. Chardan Capital reaffirmed a “buy” note on Krystal Biotech shares in a research note on Thursday July 1. Finally, Zacks Investment Research upgraded Krystal Biotech from a “sell” rating to a “conservation” rating in a Tuesday July 13th research note.

Institutional investors recently changed their positions in the stock. Redmile Group LLC increased its stake in Krystal Biotech shares by 23.0% during the first quarter. Redmile Group LLC now owns 2,060,132 shares of the company valued at $ 158,713,000 after purchasing an additional 385,096 shares during the period. Price T Rowe Associates Inc. MD acquired a new position in Krystal Biotech in the first quarter valued at approximately $ 287,000. The Swiss National Bank increased its stake in Krystal Biotech by 1.4% in the first quarter. The Swiss National Bank now owns 29,300 shares of the company valued at $ 2,257,000 after acquiring an additional 400 shares during the period. Northern Trust Corp increased its stake in Krystal Biotech by 3.2% in the first quarter. Northern Trust Corp now owns 178,642 shares of the company valued at $ 13,762,000 after acquiring an additional 5,516 shares during the period. Finally, the State Board of Administration of Florida Retirement System increased its stake in Krystal Biotech by 127.4% in the second quarter. The Florida State Pension System Board now owns 8,777 shares of the company valued at $ 597,000 after acquiring an additional 4,917 shares during the period. 73.80% of the shares are held by institutional investors and hedge funds.

(A d)

The cheapest is just $ 2. But the best crypto traders are flocking.

KRYS shares opened at $ 51.60 on Friday. The company has a market cap of $ 1.15 billion, a price-to-earnings ratio of -20.64 and a beta of 1.15. Krystal Biotech has a 52 week low of $ 40.04 and a 52 week high of $ 87.29. The stock has a fifty-day moving average price of $ 56.59 and a two-hundred-day moving average price of $ 64.36.

Krystal Biotech (NASDAQ: KRYS) last released its results on Sunday, August 8. The company reported ($ 0.74) earnings per share for the quarter, beating analyst consensus estimates ($ 0.76) by $ 0.02. On average, sell-side analysts expect Krystal Biotech to post EPS of -2.96 for the current fiscal year.

Krystal Biotech Company Profile

Krystal Biotech, Inc is a gene therapy company dedicated to the development and commercialization of treatments for patients with dermatological conditions. He has developed a gene therapy platform, which the company calls the Skin TARgeted Delivery Platform, or STAR-D Platform, which consists of a patent-pending modified viral vector based on the herpes virus. simplex 1, or HSV-1, and a gene optimized for the skin. technology transfer, to develop off-the-shelf treatments for dermatological diseases.

Read more: What is a cross of death?

Analyst Recommendations for Krystal Biotech (NASDAQ: KRYS)

This instant news alert was powered by storytelling technology and MarketBeat financial data to provide readers with the fastest, most accurate reports. This story was reviewed by the MarketBeat editorial team prior to publication. Please send any questions or comments about this story to [email protected]

Should you invest $ 1,000 in Krystal Biotech now?

Before you consider Krystal Biotech, you’ll want to hear this.

MarketBeat tracks Wall Street’s top-rated and top-performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts quietly whisper to their clients to buy now before the broader market takes hold of … and Krystal Biotech was not on the list.

While Krystal Biotech currently has a “Buy” rating among analysts, top-rated analysts believe these five stocks are better buys.

See the 5 actions here

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Letter: Library a good deal for Ada http://visitspringfieldohio.com/letter-library-a-good-deal-for-ada/ Sat, 09 Oct 2021 23:01:56 +0000 http://visitspringfieldohio.com/letter-library-a-good-deal-for-ada/

Have you recently visited Ada Public Library, followed it on Facebook, or used their user-friendly website? At the library, you and your family have the opportunity to benefit from free Wi-Fi, a free computer, free notary service, voter registration, and great programs for babies to adults, including book talks for tweens and adults.

Ada Public Library is asking the community to support a five-year renewal fee – no new taxes – in the November 2 poll! The purpose of the 1-thousandth of a dollar levy is on current expenses. The levy would see the owner of a $ 100,000 home paying $ 2.50 per month, or $ 30.09 per year. It is expected to raise around $ 98,800 in the first year of fundraising.

Facts about Ada’s Public Library:

• Library staff are friendly and always ready to help customers.

• The library is a partner of the Ada schools; preschools, area businesses, Friends of the Library, Ohio Northern University, and Vancrest of Ada.

• The popular summer reading program continues to encourage all ages to read.

• The library offers story time for kindergarten and first grade classes at Ada school.

• Customers have access to over six million items including eBooks, Blu-ray Discs, DVDs, Audiobooks, Magazines, Music CDs, Movies, Software, Databases online and educational materials; affordable fax / copy / print services, local newspapers, large selection of periodicals, large print books, digitally archived Ada newspapers, some dating from 1859, and local history documents, including items of value for the genealogical research and more.

Your yes vote will allow the library to continue with its existing services and programs.

Connie Fleming, President

Ada public library tax

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Mostbet 2021 Review – Deposit, Withdrawal & Bonuses http://visitspringfieldohio.com/mostbet-2021-review-deposit-withdrawal-bonuses/ Sat, 09 Oct 2021 10:29:02 +0000 http://visitspringfieldohio.com/mostbet-2021-review-deposit-withdrawal-bonuses/

Mostbet-

Mostbet is a relatively young bookmaker company. This bookmaker office started in 2009 and in 10 years has managed to gain the respect of its customers. First of all, let’s look at what Mostbet is, what conditions the office of this bookmaker can offer its players.

Mostbet at this time is the favorite among betting shops not only in India but also worldwide and it shows that Mostbet is the best platform for betting. Not only does Mostbet attract customers by the design of their website but also by their bonuses, for example if you bet late on your favorite team you can bet live on them anytime which makes it easier to some extent. measures bets for players.

Register on Mostbet website

Indian players can register any time of the day or night on the Mostbet websiteeither by telephone or by computer. For each option offered, there is a special window to fill out. When registering on a social network, you can choose one of the following social networks:

The registration process on the site takes an average of 2-3 minutes. Access to the site is possible from any device. Mobile device owners can download Mostbet bookmaker apps to their phones through Play Market or App Store. After registering, you will be redirected to your personal account. You are now ready to deposit money and get a welcome bonus in the form of a deposit bonus into your account.

Deposit and withdrawal

Currently, Mostbet bookmaker in India offers 19 currency options. To make a deposit and withdrawal from the account on the website of the Mostbet bookmaker, the following options are available:

  • PayTM payment system;
  • Payment;
  • Plastic cards Visa / Mastercard;
  • Skrill payment systems, Neteller;
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The deposit and withdrawal methods at this bookmaker are similar – to withdraw money

of the account, you must be verified. A big advantage is that both methods are very fast. The deposit and withdrawal methods are specially chosen for India and Bangladesh, so you can choose whichever suits you best. Note that you can withdraw funds the same way you used to deposit your account.

Bonus

Mostbet.com always welcomes its customers and offers several bonus offers, one of which is a signup bonus. The first gift that awaits each portal user will be a welcome bonus on the first deposit, which can reach 25,000 rupees. An additional bonus is given during various promotions held to celebrate special events. Each promotion has its own terms and features, so there is a separate section on the site with a full description of all bonus incentives.

In addition to the bonus, which replenishes your account amount, you can get free bets. This is a special promotion that allows the player to bet for free and receive a cash prize if they win. Free bets are given to players for the activity, and the amount of this promotion varies depending on the status. Each passage to a new level is marked with a bonus, which you can immediately spend at your discretion. A similar giveaway – free spins – is offered to those who spend a lot of time at the casino. This bonus will allow you to spin the reels for free, without wagering on each spin, but receiving a cash prize if you win.

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Bet with Mostbet.com

Mostbet offers online events in 16 sports. In addition to football, basketball, hockey, volleyball betting, etc. There is a separate section for sports fans, especially disciplines like Dota2, Counter-Strike Global Offensive, League of Legends, WarCraft III, Overwatch, StarCraft 2. Bets on these disciplines range from big tournaments to small tournaments that don’t don’t have such a big prize pool. The list of matches is pretty standard, but you can find statistics and individual player actions that will help you analyze who is better to bet on or which teams have substitutes.

Faq

Is Mostbet legal in India?

You may have heard of the Public Gambling Act of 1867 which bans gambling

Mostbet operating and visiting establishments in India, but Mostbet bypasses

the law by having an out-of-state online bookmaker platform, allowing

Indians to bet on their favorite site without any problem. No Indian has ever been prosecuted for betting online.

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How Erika Girardi Has Dominated ‘Real Housewives’ This Season http://visitspringfieldohio.com/how-erika-girardi-has-dominated-real-housewives-this-season/ Sat, 09 Oct 2021 09:00:20 +0000 http://visitspringfieldohio.com/how-erika-girardi-has-dominated-real-housewives-this-season/

Filing a complaint is one thing. Collecting it is a whole different matter. Mr Richards, in an interview, admitted that Ms Girardi’s assets – clothing, jewelry and other items – were unlikely to be worth anything close to $ 25 million. Mr Richards said he did not want to hurt Ms Girardi and was open to a settlement.

But his lawyer said it was premature to discuss a deal. “Everyone continues to pile up and trash Erika for things she didn’t do,” Borges said, adding that “there is no hidden treasure.”

Meanwhile, the legal spectacle left some victims exasperated.

Mr Ruigomez was 19 when, in 2010, a gas explosion destroyed his family’s home in San Bruno, California, killing his girlfriend, burning him and severely damaging his lungs. He has since undergone nearly three dozen surgeries.

In 2013, Mr. Girardi secured an $ 11 million settlement on Mr. Ruigomez’s behalf. Pacific Gas & Electric, the electricity giant, paid Mr. Girardi’s business the money years ago. According to court documents, he and his family are still waiting for most of their money.

Kathleen Ruigomez, Mr Ruigomez’s mother, needs the settlement money for her son’s continued medical care, she said. “I worry about getting paid. “

Ms. Ruigomez used to watch and enjoy “The Real Housewives of Beverly Hills”. But as time went on and Mr Girardi kept giving her excuses as to why they had not been paid the full settlement, she began to view Ms Girardi with skepticism.

“The first few seasons we liked her a bit, but then we started to worry more and more about our money. Does she spend our money? Now she’s very unfriendly on the show,” he said. Ms Ruigomez said. “She almost seems to have the impression that we, the victims, have ruined her concert.”

Kitty bennett contributed research.

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Horizon Acquisition Corp. announces the delisting of his http://visitspringfieldohio.com/horizon-acquisition-corp-announces-the-delisting-of-his/ Fri, 08 Oct 2021 21:32:19 +0000 http://visitspringfieldohio.com/horizon-acquisition-corp-announces-the-delisting-of-his/

NEW YORK, Oct. 08, 2021 (GLOBE NEWSWIRE) – Horizon Acquisition Corp. (NYSE: HZAC) (“Horizon” or the “Company”) announced today that, assuming the conditions to close its current business combination are met with Vivid Seats Inc. (“Vivid Seats” ) (the “Business Combination”), including the approval of the Business Combination by the shareholders of the Company, Vivid Seats, as a surviving entity, intends to list its common shares and warrants listed on the Nasdaq Capital Marché (the “Nasdaq”) under the ticker symbols “SEAT” and “SEAT WS”, respectively and that Horizon intends to voluntarily delist all of its securities from the New York Stock Exchange (“NYSE”), including each of Horizon’s units, public shares and public warrants currently listed on the NYSE under the symbols “HZAC.U”, “HZAC” and “HZAC WS”, respectively. The decision to list on Nasdaq was taken into consideration in the business combination. Trading is currently expected to begin on the Nasdaq on or around October 19, 2021 after the completion of the business combination, which is currently scheduled to take place on October 18, 2021, subject to final shareholder approval at the extraordinary general meeting. Horizon on October 14, 2021., and the satisfaction of other customary closing conditions. Until the business combination is completed, the common shares, warrants and Class A units of Horizon will continue to trade under the ticker symbols “HZAC”, “HZAC WS” and “HZAC.U” , Respectively, on the NYSE. Listing on the Nasdaq and delisting from the NYSE is subject to the closing of the business combination and compliance with all requirements for listing on the Nasdaq. Horizon expects the last day of trading on the NYSE to be on or around October 18, 2021, subject to final shareholder approval at Horizon’s special general meeting on October 14, 2021 and the satisfaction of other customary closing conditions.

As previously announced, the Company will hold the Special General Meeting at 10:00 a.m. New York time on October 14, 2021, at the offices of Kirkland & Ellis LLP located at 601 Lexington Avenue, New York, NY 10022, and via a virtual meeting. To https://www.cstproxy.com/horizonacquisitioncorp/sm2021. The proxy statement / prospectus regarding the business combination, as well as a proxy card for voting, have been mailed to the shareholders of the company. Shareholders are encouraged to attend the extraordinary general meeting and vote as soon as possible by signing, dating and returning the proxy card attached to the proxy statement / prospectus. If you have any questions, please contact Morrow Sodali LLC, our proxy lawyer, by calling (800) -662-5200, or banks and brokers can call collect at (203) -658-9400, or sending an email to HZAC.info@investor .morrowsodali.com.

About Horizon Acquisition Corporation

Horizon is a blank check company incorporated for the purpose of effecting a merger, stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. . Horizon is sponsored by the Sponsor, a subsidiary of Eldridge Industries, LLC (“Eldridge”). Horizon is led by Todd L. Boehly, Co-Founder, President and CEO of Eldridge. Horizon’s securities are traded on the NYSE under the ticker symbols HZAC, HZAC WS, and HZAC.U. Learn more at https://www.horizonacquisitioncorp.com/.

About Vivid Seats

Founded in 2001, Vivid Seats is a leading online ticketing marketplace committed to being the ultimate partner in connecting fans to live events, artists and teams they love. Based on the belief that everyone should ‘experience it live’, the Chicago-based company delivers exceptional value by offering one of the largest selections of events and tickets in North America and a rewards program. Industry leading Vivid Seats where all fans earn on every purchase. Vivid Seats has been chosen as the official ticketing partner by some of the biggest brands in the entertainment industry, including ESPN, Rolling Stone and the Los Angeles Clippers. Using proprietary software and unique technology, Vivid Seats drives the consumer and business ecosystem for live event ticketing and enables the power of shared experiences to unite people. Vivid Seats is recognized by Newsweek as America’s # 1 ticketing customer service company. Fans who want the best live experiences can start by downloading the Vivid Seats mobile app, going to vifseats.com or calling 866-848-8499.

Additional information on the business combination and where to find it

In connection with the proposed business combination, Horizon has filed a registration statement with the SEC on Form S-4, which was declared effective on September 23, 2021, and includes a proxy circular / prospectus , and certain other related documents, to be used at the shareholders’ meeting to approve the proposed business combination. INVESTORS AND HOLDERS OF SECURITIES OF HORIZON ACQUISITION CORPORATION ARE URGED TO READ CAREFULLY THE PROXY STATEMENT / PROSPECTUS AND OTHER RELEVANT DOCUMENTS THAT ARE FILED WITH THE SEC AND IN THEIR ENTIRE INFORMATION WHEN DISCLOSED WHEN DISCLOSED. IMPORTANT COMMERCIAL COMBINATION. The proxy circular / final prospectus will be mailed to Horizon shareholders on the registration date of September 7, 2021 set for voting on the proposed business combination. Investors and security holders will also be able to obtain copies of the registration statement and other documents containing important information about each of the companies once these documents are filed with the SEC, free of charge, from the website. of the SEC at www.sec.gov.

Participants in the solicitation

Horizon and its directors and executive officers may be considered participants in the solicitation of proxies from the members of Horizon with respect to the proposed business combination. A list of the names of such directors and officers and a description of their interests in Horizon are contained in the documents filed by Horizon with the SEC, including Horizon’s annual report on Form 10-K for the fiscal year ended 31 December 2020, which was filed with the SEC on March 31, 2021 and amended on May 10, 2021, and is available free of charge on the SEC’s website at www.sec.gov, or by submitting a request to Horizon Acquisition Corporation, 600 Steamboat Road, Suite 200, Greenwich, CT 06830. Additional information regarding the interests of such participants will be set out in the registration statement for the proposed business combination when available. Vivid Seats and its directors and executive officers may also be considered participants in the solicitation of proxies from Horizon shareholders in connection with the proposed business combination. A list of the names of such directors and officers and information regarding their interests in the business combination will be included in the proposed business combination registration statement when available.

Caution Regarding Forward-Looking Statements

Certain statements made in this press release are “forward-looking statements” within the meaning of the “safety rule” provisions of the United States Private Securities Litigation Reform Act of 1995. When used in this press release, the words ” estimates ”,“ forecast ”,“ expects ”,“ anticipates ”,“ anticipates ”,“ anticipates ”,“ intends ”,“ believes ”,“ seeks ”,“ may ”,“ will ”, “Should”, “future”, “propose” and variations of such similar words or phrases (or negative versions of such words or phrases) are intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are beyond the control of Vivid Seats or Horizon, which could cause results or results to differ materially from those discussed in the forward-looking statements. Significant factors, among others, that may affect actual results include the inability to complete the business combination (including due to lack of required shareholder approvals or failure of other closing conditions) ; failure to recognize the anticipated benefits of the proposed business combination; the impossibility of obtaining the listing of Vivid Seats shares on the Nasdaq following the Business Combination; costs related to the Business Combination; the risk that the Business Combination will disrupt current plans and operations following the announcement and completion of the Business Combination; the ability of Horizon and Vivid Seats to manage growth; the ability of Horizon and Vivid Seats to execute its business plan and meet its forecasts; potential litigation involving Vivid Seats or Horizon; changes in applicable laws or regulations, and general economic and market conditions affecting the demand for Vivid Seats or Horizon products and services, and in particular economic and market conditions in the entertainment / entertainment industry. technology / software in the markets in which Vivid Seats and Horizon operate; the ability of Vivid Seats to update its computer systems; developments regarding the COVID-19 pandemic; and other risks and uncertainties indicated from time to time in the Management Proxy Circular / Business Combination Prospectus, including those referred to in the “Risk Factors” section and in other documents filed by Horizon with of the SEC. Neither Vivid Seats nor Horizon makes any commitment to update or revise forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

No offer or solicitation

This press release does not constitute a solicitation of any proxy, consent or authorization with respect to any security or with respect to the proposed transaction. This press release also does not constitute an offer to sell or the solicitation of an offer to buy any securities, and there will be no sale of securities in any state or jurisdiction in which such an offer, solicitation or sale would be illegal prior to registration or qualification under the securities laws of such jurisdiction. No offer of securities will be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended, or an exemption therefrom.

Contacts:

Investors
Ashley DeSimone, IC
Ashley.DeSimone@icrinc.com
646-677-1827

Brett Milotte, IC
Brett.Milotte@icrinc.com
332-242-4344

Media
Julia Young, IC
Julia.Young@icrinc.com
646-277-1280

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The key to a superapp’s success is a super wallet http://visitspringfieldohio.com/the-key-to-a-superapps-success-is-a-super-wallet/ Fri, 08 Oct 2021 21:01:00 +0000 http://visitspringfieldohio.com/the-key-to-a-superapps-success-is-a-super-wallet/

Long before Sea Limited became the world’s top performing stock in 2020, super apps were expected as the next big growth opportunity in Southeast Asia. In what has turned into a three-way race between Grab, GoTo and Sea, the question many are asking is who is going to win.

While we don’t try to predict an ultimate champion, the history of Chinese superapps gives us clues to the next stage of the Southeast Asian battlefield: payments.

What is a superapplication?

The concept of a super app was first popularized in China by Tencent’s WeChat and Ant Group’s Alipay to describe the all-in-one nature of these apps, used by consumers and merchants for virtually any type of service.

It didn’t take long for the emerging tech platforms in Southeast Asia to spread, driven by similar secular trends. Today, consumers across Southeast Asia are using these one-stop-shop apps to manage their daily needs: commuting to work, ordering food and groceries, consulting doctors and even managing. of their investments.

No matter where they are, the end goal of any superapps is the same: ubiquity. This is where the payments come in.

The superpower of payments

WeChat and Alipay were mobile wallets before they became super apps. Their success is in large part due to the underlying payment basis which brings together the multitude of services available on each platform and makes it easier for users to try new ones. By expanding “one-click shopping” to offline stores, they helped usher in the cashless revolution in China.

Southeast Asia is on the cusp of a similar transformation. It shares many of the conditions that have made the mobile wallet boom in China: 90% mobile internet penetration, rapid urbanization, and a traditionally cash-rich society with more than half of the population not having access to formal banking services.

The path to dominance in Southeast Asia will be determined by the following factors:

Regional scale. Payments have always been a game of scale, but Southeast Asia’s largest market is less than a fifth the size of China. Unlike China, Southeast Asia is a diverse mix of at least 10 different nations with different languages, standards of living, and market regulations.

When GrabPay (Grab’s e-wallet) launched in 2016, the company had a strategic advantage with its strong presence in the six major Southeast Asian markets, which gave it length. in advance. GoPay was also launched in 2016, but has had a relatively limited presence regionally, given its hyper-concentration in Indonesia.

Sea’s ShopeePay is the late comer. It was launched in 2018 with aggressive marketing spend and a focus on e-commerce which has helped chart the phenomenal growth of the business. Sea and Grab each operate in six countries, making them more likely to reach the coveted scale.

Frequency and cross-selling. Despite the growth of these platforms, cash payments remain the best known and most trusted method of payment. Only 17% of total transactions in Southeast Asia today are cashless. The best way to change this consumer behavior is to make cashless transactions a commodity.

This is where Grab and GoTo have the upper hand. Carpools and deliveries are used on an almost daily basis. Connecting mobile wallets to these high frequency use cases is helpful in creating repetition, which evolves into habits and ultimately confidence.

It also means more opportunities for cross-selling services to users. For example, Grab drivers can pay as little as 10 cents per trip to accumulate up to $ 200,000 in insurance coverage.

This is why Sea’s Shopee has embarked on food delivery and GoTo combines an e-commerce and daily services portfolio in Indonesia through the merger of GoJek and Tokopedia.

However, the key to mobile wallet leadership is convincing users to use it on a multitude of ecommerce sites and in stores. Grab is counting on it. About 40% of his 2020 POS has been achieved off-platform and he expects it to reach 60% by 2023.

The future of the super wallet

The battle for mobile wallets in Southeast Asia has just started. As the payments landscape continues to grow, mobile wallets will be a launching pad for other financial services such as loans, insurance, investments, and digital banking.

Grab and Sea have already secured digital banking licenses in Singapore, paving the way for this transition. These companies can begin to think about an end-to-end financial services journey for consumers. They can help increase users’ wealth by investing, enable them to manage their finances with loans, and protect what they value with insurance.

This is the real purpose and much greater opportunity for superapplications: to continuously bring formal banking services to the next 100 million or more underbanked and underserved users. Once achieved, we predict one of the greatest stories of economic growth in history.

By Jixun Foo, Managing Partner at GGV Capital. GGV Capital is a global venture capital firm that has invested in Grab and other companies such as Affirm, Airbnb, Alibaba, Didi, Grab, HashiCorp, Peloton, Slack, Square and StockX.

This story was originally featured on Fortune.com

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Time is running out as the tide turns in Noosa http://visitspringfieldohio.com/time-is-running-out-as-the-tide-turns-in-noosa/ Fri, 08 Oct 2021 08:55:24 +0000 http://visitspringfieldohio.com/time-is-running-out-as-the-tide-turns-in-noosa/

“But we have to be very careful not to want to throw the blunt glove across the line, when there is a process we can take that is reasonable and balanced.”

Councilor Brian Stockwell feared the council was too conservative, referring to stern warnings contained in a 2019 report on the impact of climate change on the Queensland economy by consultants Ernst and Young.

“It’s really important that we don’t underestimate the risk and provide the information necessary for our planners to make sound decisions and also for individual lot owners,” said Cr Stockwell.

The Council’s research shows that erosion at two beaches immediately south of Noosa will worsen significantly by 2040.

The areas most at risk are the Sunrise and Sunshine beaches, with erosion threatening not only the picturesque beaches, but also the luxury homes along the waterfront. Nearby Peregian Beach is also at risk.

“As the sea level continues to rise, an increasing number of private assets are expected to be exposed to coastal erosion, some considered to be at very high risk as early as the year 2040,” the research shows.

So what can we do? According to the council, replacing the sand washed away by Peregian Beach and Sunshine Beach would cost more than $ 200 million by 2100, but would have “a positive net present value of $ 239 million.”

Sand replenishment is one of the cheapest responses to sea level rise. A cost-benefit analysis of the buried dyke proposals – one to protect the Peregian section at Sunshine Beach and a second to protect the beach of Teewah on the north coast of Noosa – revealed that the huge cost could not be justified, in part because such interventions would still impact tourism, landscapes and the environment.

The analysis found that the Peregian sea wall at Sunshine Beach would amount to a loss of $ 2.77 billion for the region, while the north sea wall at Teewah Beach would represent a loss of $ 77 million. And the dikes would further aggravate erosion by slowing the restoration of beaches.

“The loss of sandy beach that would be a virtually inevitable result of this option would negatively affect the recreational, tourist, scenic and ecological values ​​associated with the beach on a significant scale,” the council said.

Other more controversial options ruled out in the latest iteration of the plan include the council’s temporary “bails-bails” on private land to allow for major dune repair.

However, the monitoring of tides and sea level to be reinforced at the request of the inhabitants would still be relevant.

The Noosa Council’s second draft coastal risk adaptation plan was unanimously adopted at a special meeting on Friday and will be the subject of further consultations.

Noosa on Friday examined the multibillion-dollar costs of rising sea levels on eroding beaches and rising tides. Its second report is now open for community consultation before being forwarded to the Queensland government.Credit:Paul smith

He acknowledges that low-lying areas along the Noosa River, particularly between Noosaville and Tewantin, will be inundated by rising tides and storm surges.

Royal tides will become much more frequent, research shows, and erosion of Noosa Heads main beach is now a major problem.

“The coastal erosion risk assessment at Noosa Heads shows that the level of risk for all assets built along the Noosa Main Beach waterfront is already considered intolerable,” the draft plan says.

“In addition, the risks to the natural assets of the Noosa Woods region will become intolerable by 2070.”

Councilors agreed that the economic impact on Noosa Main Beach should be identified separately from the impact on Noosa’s Hasting Street shopping district.

How rising tides and storm surges will affect small businesses in Noosaville and Tewantin along the Noosa River.

How rising tides and storm surges will affect small businesses in Noosaville and Tewantin along the Noosa River.Credit:Noosa Council 2021 Coastal Risk Adaptation Plan

Once finalized, Noosa’s plan will be the third to be completed under a $ 13 million Queensland government’s QCoast2100 initiative, forcing 32 councils to act on rising sea levels. from Bundaberg and Sunshine Coast have already responded.

Noosa council says the plan will have no impact on private land, but could shape future development options in the city plan.

The Noosa region is home to over 55,000 people and 45 kilometers of coastline, from Peregian Beach in the north to Great Sandy National Park on the north coast of Noosa.

The scale of the possible changes has generated considerable community tensions in the Noosa region.

Friday’s special meeting followed six weeks of community consultation and then three months of in-depth meetings that drew 230 submissions.

The mayor said council should not have to go it alone on the issue.

“We would like to see a lot more state level things,” said Cr Stewart.

There are now three weeks of public consultation left, until November 1, before binding final changes return to government as part of state planning policies.

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Bank7: ACQUISITION ADDS BASIC FUNDING TO EXISTING DEPOSIT BASE OF BANK7 AND EXPANDS ITS SCALE IN THE OKLAHOMA MARKET (Form 8-K) http://visitspringfieldohio.com/bank7-acquisition-adds-basic-funding-to-existing-deposit-base-of-bank7-and-expands-its-scale-in-the-oklahoma-market-form-8-k/ Thu, 07 Oct 2021 13:27:44 +0000 http://visitspringfieldohio.com/bank7-acquisition-adds-basic-funding-to-existing-deposit-base-of-bank7-and-expands-its-scale-in-the-oklahoma-market-form-8-k/

ACQUISITION ADDS BASIC FUNDING TO BANK7’S EXISTING DEPOSIT BASE AND EXPANDS ITS SCALE IN THE OKLAHOMA MARKET

OKLAHOMA CITY, October 7, 2021 – Bank7, through its parent company, Bank7 Corp. (NASDAQ: BSVN), has entered into a definitive agreement to acquire Cornerstone Bank (“Cornerstone”) and its parent company. Cornerstone has assets of $ 241 million, total deposits of $ 215 million, and total loans of $ 116 million as of June 30, 2021.

“We are delighted to welcome Cornerstone employees and customers to Bank7. Both institutions have a long history of providing banking services to the Oklahoma market and we look forward to continuing Cornerstone’s legacy dating back to 1928, ”said Thomas L. Travis, President and CEO of Bank7. “This addition is a perfect fit for Bank7 as it adds scale to our Oklahoma market and increases the core funding for our continued growth.”

Randy Barrett, President of Cornerstone, said: “By choosing to partner with Bank7, we are confident that they will continue to care for our community, our employees and our customers. We respect their organization and are delighted to join them. Our employees and customers will benefit from Bank7’s expanded product and service offering, as well as its ability to meet greater financing needs. ”

As of June 30, 2021, the combined institutions would have approximately $ 1.4 billion in assets. The transaction is expected to close in the fourth quarter of 2021. Following closing, Bank7 will operate 12 branches in Oklahoma, Texas and Kansas.

The board of directors of both parties unanimously approved the final agreement. In addition, the directors and officers of the seller have entered into agreements by which they have undertaken to vote their shares in favor of the transaction. Closing of the acquisition is subject to the satisfaction of customary closing conditions, including regulatory approvals and the approval of the seller’s shareholders.

Bank7 was advised in this transaction by Keefe, Bruyette & Woods, A Stifel Company, and Paul Foster Law Offices, PC acted as legal counsel. The vendors were advised by DA Davidson, and McAfee & Taft acted as legal counsel.

Presentation to investors

Financial details of this transaction are illustrated in an investor presentation created for this announcement, which has been filed on a Form 8-K as of the date hereof and will be available at https://ir.bank7.com/events-and-presentations.

About Bank7 Corp.

We are Bank7 Corp., a banking holding company headquartered in Oklahoma City, Oklahoma. Through our wholly owned subsidiary, Bank7, we operate nine locations in Oklahoma, the Dallas / Fort Worth metro area, Texas and Kansas. We focus on serving business owners and entrepreneurs by providing them with fast, consistent and well-designed loan and deposit products to meet their financing needs. We intend to grow organically by selectively opening additional branches in our target markets and pursuing strategic acquisitions.

Forward-looking statements

This press release and oral statements made regarding the subject matter of this press release contain forward-looking statements. These forward-looking statements are subject to significant uncertainties as they are based on: the amount and timing of future changes in interest rates, market behavior and other economic conditions; future laws, regulations and accounting principles; changes in regulatory standards and review policies, expectations regarding related expenses, and cost savings resulting from the integration of seller’s operations with our own, and a variety of other matters. These other issues include, among others, the impact of COVID-19 on the United States economy and our operations, the direct and indirect effect of economic conditions on interest rates, credit quality, demand lending, liquidity and monetary policies; and supervisory banking regulators. These forward-looking statements reflect the current views of Bank7 Corp. regarding, among other things, future events, the successful and efficient integration of the seller’s operations with our own, and the financial performance of Bank7 Corp. Any statement regarding the expectations, beliefs, plans, predictions, forecasts, goals, assumptions or future events or performance of Bank7 Corp. are not historical facts and may be forward looking. These statements are often, but not always, made using words or phrases such as “anticipate”, “believe”, “may”, “could”, “could”, “could”, “predict”, “Possible”, “should,” “will”, “estimate”, “plan”, “projects”, “continue”, “in progress”, “expect”, “intend” and words or Similar expressions. Any or all of the forward-looking statements contained in (or given orally relating to) this press release may prove to be inaccurate. The inclusion or reference to forward-looking information in this press release should not be construed as a statement by Bank7 Corp. or any other person that future plans, estimates or expectations contemplated by Bank7 Corp. will be realized. Bank7 Corp. has based these forward-looking statements in large part on its current expectations and projections regarding future events and financial trends that , according to Bank7 Corp., could affect its situat financial ion, operating results, business strategy and financial needs. The actual results of Bank7 Corp. could differ materially from those anticipated in these forward-looking statements due to risks, uncertainties and difficult-to-predict assumptions, including risks, uncertainties and assumptions relating to the integration of the seller’s transactions with our own ,. If one or more events related to these or other risks or uncertainties materialize, or if the underlying assumptions of Bank7 Corp. prove to be incorrect, actual results may differ materially from what Bank7 Corp. anticipates. You are cautioned not to place undue reliance on forward-looking statements. In addition, any forward-looking statement speaks only as of the date on which it is made and Bank7 Corp. assumes no obligation to update or revise any forward-looking statement to reflect events or circumstances after the date on which the statement is made or to reflect the occurrence of unforeseen events, except as required by law. All forward-looking statements contained in this document are qualified by these cautionary statements.

CONTACT:

Thomas travis

President and CEO

(405) 810-8600

# # #

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JPMorgan Chase & Co. Lowers Allison Transmission (NYSE: ALSN) Price Target to $ 36.00 http://visitspringfieldohio.com/jpmorgan-chase-co-lowers-allison-transmission-nyse-alsn-price-target-to-36-00/ Thu, 07 Oct 2021 12:30:21 +0000 http://visitspringfieldohio.com/jpmorgan-chase-co-lowers-allison-transmission-nyse-alsn-price-target-to-36-00/

Allison Transmission (NYSE: ALSN) saw its price target lowered by stock research analysts at JPMorgan Chase & Co. from $ 39.00 to $ 36.00 in a research report released Thursday, The Fly reports. The company currently has an “underweight” rating on the shares of the auto parts company. JPMorgan Chase & Co.’s target price would suggest a potential rise of 2.16% from the company’s current price.

Several other brokerage houses have also recently weighed on ALSN. Credit Suisse Group lowered its price target on Allison Transmission shares from $ 55 to $ 51.00 and established an “outperformance” rating for the company in a research note on Friday, July 30. Zacks Investment Research downgraded Allison Transmission’s shares from a “buy” rating to a “keep” rating and set a target price of $ 42.00 for the stock. in a report on Thursday, July 15. Robert W. Baird reissued a “custody” rating on Allison Transmission shares in a report released on Sunday, August 1. Finally, Morgan Stanley raised its target price on Allison Transmission shares from $ 39 to $ 41.00 and gave the company an “equal weight” rating in a report released on Monday, August 2. Four research analysts gave the stock a sell rating, five assigned a conservation rating, and one assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Allison Transmission currently has an average “Hold” rating and a consensus target price of $ 43.73.

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NYSE ALSN opened at $ 35.24 on Thursday. The company has a 50-day moving average of $ 37.29 and a 200-day moving average of $ 40.20. The company has a debt ratio of 3.42, a quick ratio of 1.38 and a current ratio of 1.86. The stock has a market cap of $ 3.73 billion, a PE ratio of 10.71, a P / E / G ratio of 1.26, and a beta of 1.16. Allison Transmission has a 52-week low of $ 33.93 and a 52-week high of $ 46.40.

Allison Transmission (NYSE: ALSN) last released its results on Tuesday, July 27. The auto parts company reported earnings per share (EPS) of $ 1.01 for the quarter, beating analyst consensus estimates of $ 0.92 by $ 0.09. Allison Transmission had a net margin of 16.25% and a return on equity of 48.97%. The company posted revenue of $ 603.00 million in the quarter, compared to analysts’ expectations of $ 593.76 million. As a group, analysts expect Allison Transmission to post 4.07 EPS for the current fiscal year.

Several hedge funds and other institutional investors have recently changed their holdings in ALSN. Acadian Asset Management LLC acquired a new position in shares of Allison Transmission during the 1st quarter valued at $ 25,000. Denali Advisors LLC increased its position in Allison Transmission by 75.0% in the second quarter. Denali Advisors LLC now owns 700 shares of the auto parts company valued at $ 28,000 after purchasing an additional 300 shares during the period. First Horizon Advisors Inc. increased its position in Allison Transmission by 71.4% in the second quarter. First Horizon Advisors Inc. now owns 1,397 shares of the auto parts company valued at $ 55,000 after purchasing an additional 582 shares during the period. Marshall Wace LLP purchased a new position in Allison Transmission during the first quarter valued at approximately $ 106,000. Finally, O Shaughnessy Asset Management LLC increased its stake in Allison Transmission by 8.4% during the first quarter. O Shaughnessy Asset Management LLC now owns 3,073 shares of the auto parts company valued at $ 125,000 after purchasing 237 additional shares in the last quarter.

Allison Transmission Company Profile

Allison Transmission Holdings, Inc. is engaged in the manufacture and distribution of vehicle propulsion solutions, which include fully automatic on-road, off-road and defense transmissions as well as hybrid electric and fully electric systems. The company’s solutions are used in applications such as highway trucks, buses, RVs, off-road vehicles and equipment, and defense vehicles.

See also: What moving averages are used to define a golden cross?

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Analyst Recommendations for Allison Transmission (NYSE: ALSN)

This instant news alert was powered by storytelling technology and MarketBeat financial data to provide readers with the fastest, most accurate reports. This story was reviewed by the MarketBeat editorial team prior to publication. Please send any questions or comments about this story to [email protected]

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