DailyBriefers

NEW YORK–(BUSINESS WIRE)–On February 27, Javer was distinguished anew as a socially responsible company after appearing on the preliminary list of recipient firms of the 2023 ESR Distinction (ESR is the Spanish acronym for corporate social responsibility), to companies with sound CSR (Corporate Social Responsibility) practices. This is the sixth time in a row that the Construction Firm achieves this accolade.

The renewal of its ESR Badge is a new demonstration of Javer’s unwavering commitment to sustainability. In recent years, the Company has intensified its ESG efforts, adopting a CSR model aligned with the ISO 26000 standard, to identify areas of impact and prepare comprehensive solutions that contribute to: i) ensuring the well-being of its associates; ii) environmental preservation; and iii) making a positive impact on society.

For the first objective, the Company follows a three-pronged approach: Training and Talent Development; Occupational Health and Safety; and Job Satisfaction. Through this, the Company fosters a healthy & safe work environment that utterly promotes gender equality and equal opportunities, for its associates to grow as professionals while enjoying competitive salaries and benefits.

On the environmental front, Javer counts on various initiatives that invite its associates and the public to join the fight against climate change, highlighting its traditional tree planting and flora rescue programs, as well as its recycling campaigns.

Thanks to such initiatives, Javer boasts a track record of roughly 52,000 trees planted (18,975 in 2022); over 19,000 plants rescued (1,239 in 2022); 4,690 sprouted trees (1,000 in 2022) and 1,760 sprouted cacti (1,200 in 2022); and up to 29,000 kg of recycled material (6,700 kg in 2022).

Finally, social-wise, the Housing Firm has 22 community centers distributed over the communities where it is present. These centers serve as the ideal place for Javer to conduct different activities aimed at supporting those most in need and making a positive impact in the community.

It is expected that Javer will continue on the same path, faithful to its aspiration to become a leader in Corporate Social Responsibility for the sector and the country, endorsing its status as a Socially Responsible Company year after year.

Read the full release at: Emerging Exchange

Contacts

Ricardo Avila

info@emergingexchange.com
+1 646 419 4004

HOUSTON–(BUSINESS WIRE)–The Greater Houston Port Bureau (“Port Bureau”) Board of Directors is pleased to announce the appointment of Captain Eric Carrero as President. Captain Carrero has 26 years of service in the U.S. Coast Guard (“USCG”) and currently leads the Waterways Management Division for the USCG’s Eighth District, which encompasses 26 states and some of the busiest ports in America. Captain Carrero is retiring from the USCG in May.

Bernt Netland, the Chairman of the Port Bureau Board said, “Captain Carrero’s extensive maritime knowledge and working experience in our Houston port region will be a great benefit for the Port Bureau. He was assigned to the Houston area from 2013-2021 and ultimately served three years as the Commanding Officer of the Marine Safety Unit Texas City.”

“We are excited to have Captain Carrero taking the helm for the Port Bureau on July 1,” added Vincent DiCosimo, First Vice Chair of the Port Bureau Board. “His experience in international affairs, port and vessel operations, and 26 years of Coast Guard leadership made him the perfect fit to continue what Captain Diehl brought to the Port Bureau.”

Captain Carrero succeeds Captain Diehl who is retiring after 14 years as the President of the Port Bureau. Over those 14 years the Port Bureau has grown from 95 companies to 260 companies and has become the primary business advocate for the greater Houston Port region. Netland added his “sincere thanks to Captain Diehl for his vision and tireless enthusiasm for the Port Bureau during his very successful tenure.”

“I am very happy to return to the Houston-Galveston port community. It will be an honor to work with a strong dedicated team, engaged member companies, and government leaders in advancing business in our port community. I appreciate the confidence of the Board of Directors and am eager to start,” Captain Carrero said.

Captain Carrero holds a bachelor’s degree in biology from the University of Puerto Rico and a master’s degree in environmental management and policy from the American Public University System.

About the Greater Houston Port Bureau

The Greater Houston Port Bureau is a non-profit maritime trade association with over 260 member companies working together to advance the port region. The Port Bureau identifies and prioritizes the top issues impacting the port. We advocate solutions championing immediate and long-term value for the maritime industry, Houston, the state of Texas, the nation, and globally. For more information, visit www.txgulf.org or call 713-678-4300.

Source

KIDPIK To Announce Fourth Quarter and Fiscal 2022 Financial Results on March 31, 2023

NEW YORK–(BUSINESS WIRE)–Kidpik Corp. (NASDAQ: PIK) (“KIDPIK” or the “Company”), an online clothing subscription-based e-commerce company, today announced that it will report its fourth quarter and fiscal 2022 financial results after the market close on Friday, March 31, 2023. Management will host a conference call on Monday April 3, 2023 at 4:30 PM Eastern Time (1:30 PM Pacific Time).

The live call will be accessible on the investor relations section of the KIDPIK website at https://investor.kidpik.com, as well as by teleconference at 1-833-816-1388 or at 1-412-317-0481 for international callers.

A replay of the conference call will be available approximately three hours after the conclusion of the call on the investor relations section of the KIDPIK website at https://investor.kidpik.com or by dialing 1-844-512-2921, or 1-412-317-6671, internationally, with the Replay Pin Number: 10177169. The replay will be available until April 10, 2023.

About KIDPIK Corp.

Founded in 2016, KIDPIK (NASDAQ: PIK) is an online clothing subscription box for kids, offering mix-&-match, expertly styled outfits that are curated based on each member’s style preferences. KIDPIK delivers a surprise box monthly or seasonally, providing an effortless shopping experience for parents and a fun discovery for kids. Each seasonal collection is designed in-house by a team with decades of experience designing childrenswear. KIDPIK combines the expertise of fashion stylists with proprietary data science and technology to translate kids’ unique style preferences into surprise boxes of curated outfits. We also sell our branded clothing and footwear through our e-commerce website, shop.kidpik.com/. For more information, visit www.kidpik.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230329006016/en/

Investor Relations:

[email protected]

Media:

Sarah Tropeano

[email protected]

(212) 399-2784

KEYWORDS: New York United States North America

INDUSTRY KEYWORDS: Online Retail Fashion Consumer Retail Children

MEDIA:

SEOUL, March 30 (Reuters) – The ratio of U.S. dollar-denominated assets in South Korea’s foreign exchange reserves climbed to the highest on record at the end of 2022 on the dollar’s rally during the year, the country’s central bank said on Thursday.

The Bank of Korea said in its annual report that U.S. dollar assets accounted for 72.0% of the total foreign exchange reserves, up from 68.3% a year before and the highest since 2007, when annual data began to be released by the central bank.

It said the increased ratio of dollar assets was related to the currency’s strength against most other currencies, although it did not disclose further details such as figures for other currencies.

South Korea’s foreign exchange reserves, measured in U.S. dollars, amounted to $423.16 billion at the end of 2022, marking the ninth-largest in the world, the central bank said.

The ratio of stocks rose to 11.4% of the total reserves at the end of 2022 from 10.4% a year before, also marking the highest on record, although it was still small compared to about 80% for bonds. (Reporting by Choonsik Yoo; Editing by Muralikumar Anantharaman)

By Sabrina Valle

HOUSTON, March 29 (Reuters) – Exxon Mobil Corp on Wednesday bid for offshore blocks to store carbon dioxide underground during a government oil and gas lease sale in the U.S. Gulf of Mexico, while rivals Chevron Corp and BP Plc targeted areas for production.

The largest U.S. oil company has been selling oil production blocks in the U.S. Gulf since 2018 as it shifts to more lucrative fields elsewhere. And yet, it bought dozens of blocks in the past couple of years in the same basin with a new purpose: burying carbon dioxide instead of pumping oil.

The government oil license auction generated $264 million in high bids, according to the Bureau of Ocean Energy Management. 

Chevron was the most active bidders offering $108 million in 75 high bids – more than all the other oil majors combined, according to energy consultants Wood Mackenzie. 

A Chevron spokesperson said the No. 2 U.S. oil company was pleased with the auction results and intends to further evaluate the blocks’ potential. 

BP offered $47 million for 37 blocks. The company said it wants to expand its deepwater oil and gas production in the U.S. Gulf, which has “some of the lowest-cost and lowest-emissions barrels” in the company’s portfolio.

Exxon’s bids totaled less than $10 million for all 69 blocks where it was high bidder. The land was just off the Texas coast adjacent to areas it previously acquired, the BOEM indicated. 

The company will work with the Department of Interior on plans for the blocks once they are awarded, Exxon spokesperson Todd Spitler said, declining to comment on commercial details. 

Exxon chose shallow water areas close to the largest U.S. refining and petrochemical complex. The blocks fit with the company’s plan to develop a carbon capture and storage (CCS) business close to the Houston Ship Channel, home to dozens of oil and chemical plants, says Justin Rostant, principal research analyst at Wood Mackenzie.

Exxon has proposed a large carbon storage and hydrogen hub in the area, and last year signed its first deal offering decarbonization services for high-polluting industries in the region. It plans to build a large-scale hydrogen plant for 2027 that will include carbon storage. 

(Reporting by Sabrina Valle in Houston and Nichola Groom in Los AngelesEditing by Marguerita Choy)

(c) Copyright Thomson Reuters 2023.

TOKYO, March 30 (Reuters) – Mizuho Financial Group said on Thursday that it will scrap a joint project with Line Financial to develop smartphone-based Line Bank due to a lack of additional investment and delays in creating the service. (Reporting by Mariko Katsumura; Editing by Christian Schmollinger)

March 30 (Reuters) – Australian shares on Thursday jumped to their highest in more than two weeks, boosted by mining stocks, while technology names tracked gains in their peers on Wall Street.

The S&P/ASX 200 index rose 0.9% to 7,114.1 by 2357 GMT, after adding 0.2% on Wednesday.

U.S. stocks rallied overnight, with all three major indexes ending up at least 1%, as upbeat outlooks from Micron Technology and other companies eased some worries about the country’s economic health.

In Sydney, mining stocks led the gains. The index climbed 1.6% to hit a near three-week high after iron ore prices jumped on optimism around steel demand in China.

Sector behemoths BHP Group, Rio Tinto, and Fortescue Metals added between 1.6% and 2.4%.

Financials rose 1%, with the “Big Four” banks trading 0.7%-1.4% higher.

Technology stocks jumped 1.5%, with ASX-listed shares of Block Inc and Xero adding 2.7% and 1.1%, respectively.

Zip Co Ltd soared 12% to hit a more than five-week high. The BNPL firm said it will divest its businesses in Central and Eastern Europe and South Africa, and is on track to shut down its operations in the Middle East.

Shares in healthcare and real estate companies also boosted the ASX200 with gains of 0.3%-0.7%.

Asset manager HMC Capital, whose shares were yet to resume trading, said it will buy 11 private hospitals from U.S.-based Medical Properties Trust for A$1.20 billion ($802.08 million).

Bucking the broader trend, gold explorers fell 1%, underpinned by weaker bullion prices. Northern Star Resources and Newcrest Mining dropped 0.6% and 1.2%, respectively.

Iress Ltd and Lake Resources were the top gainers on the ASX200.

New Zealand’s benchmark S&P/NZX 50 index rose 0.6% to 11,805.3 points. (Reporting by Rishav Chatterjee in Bengaluru)

OMAHA, Neb.–(BUSINESS WIRE)–Green Plains Inc. (NASDAQ: GPRE) today announced that Wayne Hoovestol, long-time Chairman of its Board of Directors (the “Board”) will retire at the end of his current term at the Annual Meeting of Shareholders, May 9. Hoovestol has served as a director on the Board since 2006 and Chairman since 2008. With Hoovestol’s retirement, the Board will be reduced from nine to eight directors, completing the board refreshment initiative announced in 2021, and will elect a new Chairperson following the Annual Meeting.

“Wayne has been an incredible champion for Green Plains and our stakeholders for the past 17 years; his insightful, thoughtful and steady leadership of the Board has been invaluable to Green Plains, especially as we transform the company,” said Todd Becker, President and CEO. “On behalf of the Board and all of our employees, we want to thank him for his years of dedicated service to the Board of Directors and the company. It has been an honor to work with Wayne since 2008 and I also want to personally thank him for his unwavering partnership and support.”

“Serving Green Plains as Board Chairman has been the honor, as well as the experience, of a lifetime,” said Hoovestol. “A special thanks to Green Plains executives and my fellow Board members, past and present, for the meaningful collaboration and shared commitment to the company’s success. I am excited for the future of Green Plains, as it is well-positioned to continue executing on its transformation under outstanding leadership.”

Hoovestol served as Green Plains’ Chief Operating Officer from January 2007 to February 2007, CEO from February 2007 to December 2008 and Chief Strategy Officer from March 2009 to November 2009. In 1978, he founded Hoovestol Inc., a trucking company that now operates as 10 Roads Express.

About Green Plains Inc.

Green Plains Inc. (NASDAQ:GPRE) is a leading biorefining company focused on the development and utilization of fermentation, agricultural and biological technologies in the processing of annually renewable crops into sustainable value-added ingredients. This includes the production of cleaner low carbon biofuels, renewable feedstocks for advanced biofuels and high purity alcohols for use in cleaners and disinfectants. Green Plains is an innovative producer of Ultra-High Protein and novel ingredients for animal and aquaculture diets to help satisfy a growing global appetite for sustainable protein. The Company also owns a 48.8% limited partner interest and a 2.0% general partner interest in Green Plains Partners LP. For more information, visit www.gpreinc.com.

Contacts

Investors: Phil Boggs | Executive Vice President, Investor Relations | 402.884.8700 | phil.boggs@gpreinc.com

Media: Lisa Gibson | Communications Manager | 402.952.4971 | lisa.gibson@gpreinc.com

March 29 (Reuters) – Concentrix Corp (CNXC.O) will buy Paris-based outsourcing and consultancy firm Webhelp in a $4.8 billion deal, the business services provider said on Wednesday, to expand outside North America and add clients in fast-growing markets.

Webhelp specializes in sales, marketing and payment services across Europe, Latin America and Africa, and will bring about 1,000 new clients, the company said.

The combined company is expected to have $9.8 billion in revenue for fiscal year 2023 on a pro forma basis, and will be headed by Concentrix CEO Chris Caldwell.

“The combination of these two companies allows us to take even more access to the $550 billion expanded marketplace we compete in,” Caldwell said on a conference call.

Shares of California-based Concentrix were down more than 7% in extended trading. Separately, the company also posted an over 20% slide in first-quarter net income to $87.9 million. Revenue rose 6.5% to $1.64 billion.

Webhelp will receive 14.9 million shares of Concentrix, 500 million euros ($542 million) in cash, and a 700-million euros note payable in two years, the company said.

Webhelp’s targeted net debt of about 1.55 billion euros will also be refinanced when the transaction closes.

Concentrix shareholders will own about 78% of the combined company and Webhelp shareholders the rest after the deal closes, which is expected by the end of the year.

The company expects cost benefits of $75 million in the first full year after closing, with the deal adding to adjusted earnings per share at the end of that period.

($1 = 0.9226 euros)

Reporting by Deborah Sophia in Bengaluru; Editing by Sriraj Kalluvila

Our Standards: The Thomson Reuters Trust Principles.