Day: November 20, 2019

SUGAR VOLUME INCREASES FOR THE FIFTH YEAR IN A ROWCONTINUED COMPETITIVE PRESSURE IN THE MAPLE PRODUCTS SEGMENTMONTREAL, Nov. 20, 2019 (GLOBE NEWSWIRE) — Rogers Sugar Inc.’s (the “Company” or “Rogers”) (TSX: RSI) today reported fourth quarter and year-to-date fiscal 2019 results. The Company recorded adjusted EBITDA (1) of $22.2 million and $87.8 million for fourth quarter and year-to-date of fiscal 2019, respectively, versus $26.3 million and $99.9 million for the comparable periods last year.“While we made progress against our core strategies and have positioned ourselves well for the future, 2019 presented a number of challenges and our results did not meet our expectations,” said John Holliday, President and Chief Executive Officer of Rogers and Lantic Inc. “In the last half of the year, we experienced continued competitive pressure...

LE VOLUME DU SECTEUR DU SUCRE AUGMENTE POUR UN CINQUIÈME EXERCICE CONSÉCUTIFLA PRESSION SOUTENUE EXERCÉE PAR LA CONCURRENCE SE FAIT SENTIR DANS LE SECTEUR DES PRODUITS DE L’ÉRABLEMONTRÉAL, 20 nov. 2019 (GLOBE NEWSWIRE) — Rogers Sugar Inc. (la « Société » ou « Rogers ») (TSX : RSI) annonce aujourd’hui ses résultats du quatrième trimestre et de l’exercice 2019. La Société a inscrit un BAIIA ajusté1) de 22,2 millions de dollars pour le quatrième trimestre et de 87,8 millions de dollars pour l’exercice 2019, comparativement à 26,3 millions de dollars et à 99,9 millions de dollars pour les périodes correspondantes de l’exercice précédent.« Nous avons réalisé des progrès en regard de nos principales stratégies et nous nous sommes placés en bonne position pour l’avenir, mais nous avons dû relever plusieurs défis au cours de l’exercice...

MILWAUKEE, Nov. 20, 2019 (GLOBE NEWSWIRE) — Brady Corporation (NYSE: BRC) (“Company”) announced that shareholders of the Company’s Class B Common Voting Stock have voted unanimously in favor of the election of the director nominees to a one-year term at the Company’s annual meeting of shareholders held today in Milwaukee.At the Board of Directors meeting on November 19, 2019, the Board declared a dividend to shareholders of the Company’s Class A Common Stock of $0.2175 per share, payable on January 31, 2020, to shareholders of record at the close of business on January 10, 2020.Elected to the Brady Corporation Board of Directors are:Patrick W. Allender, Executive Vice President and Chief Financial Officer (Retired), Danaher CorporationGary S. Balkema, President (Retired), Worldwide Consumer Care Division, Bayer AGDr. David...

NEW YORK, Nov. 20, 2019 (GLOBE NEWSWIRE) — Consolidated Edison, Inc. (Con Edison) (NYSE: ED) announced today that it will redeem all of its outstanding $400,000,000 2.00% Debentures, Series 2017 A due March 15, 2020 (CUSIP No. 209115 AD 6) (the Debentures) on December 20, 2019 (the Redemption Date). On the Redemption Date, a redemption price equal to the greater of (1) 100% of the principal amount of the Debentures being redeemed or (2) the sum of the present values of the remaining scheduled payments of principal and interest thereon (exclusive of interest accrued to the Redemption Date) discounted to the Redemption Date on a semiannual basis (assuming a 360-day year consisting of twelve 30-day months) at the Treasury Rate (as defined in the Debentures) plus 10 basis points, plus, in each case, accrued interest on the principal...

CLEARFIELD, Pa., Nov. 20, 2019 (GLOBE NEWSWIRE) — The Board of Directors of CNB Financial Corporation [Nasdaq: CCNE] has announced the declaration of 17.0 cents per share quarterly dividend payable on December 13, 2019 to shareholders of record on November 30, 2019.CNB Financial Corporation is a financial holding company with consolidated assets of approximately $3.5 billion. CNB Financial Corporation conducts business primarily through its principal subsidiary, CNB Bank. CNB Bank is a full-service bank engaging in a full range of banking activities and services, including trust and wealth management services, for individual, business, governmental, and institutional customers. CNB Bank operations include a private banking division and 42 full-service offices in Pennsylvania, Ohio, and New York. CNB Bank’s divisions include ERIEBANK,...

GUANGZHOU, China, Nov. 20, 2019 (GLOBE NEWSWIRE) — Fanhua Inc. (“Fanhua” or “the Company”) (Nasdaq: FANH), a leading independent financial services provider in China, today announced that its Board of Directors (the “Board”) has declared a quarterly dividend of US$0.015 per ordinary share, or US$0.30 per ADS for the third quarter of 2019. The dividend is payable on or around December 19, 2019 to shareholders of record on December 5, 2019.  About Fanhua Inc.Fanhua Inc. is a leading independent financial services provider. Through our online platforms and offline sales and service network, we offer a wide variety of financial products and services to individuals, including life and property and casualty insurance products. We also provide insurance claims adjusting services, such as damage assessments, surveys, authentications and...

HOUSTON, Nov. 20, 2019 (GLOBE NEWSWIRE) — Key Energy Services, Inc. (“Key” or the “Company”) (NYSE: KEG) announced today that on November 18, 2019, the Company received a letter from the New York Stock Exchange (the “NYSE”) notifying it that, over a period of 30 consecutive trading days, the average closing price of Key’s common shares was below the minimum $1.00 per share requirement for continued listing on the NYSE under Item 802.01C of the NYSE Listed Company Manual. This notice does not have an immediate effect on the listing of Key’s common shares, which will continue to trade on the NYSE, subject to the Company’s compliance with other continued listing requirements.  As required by the NYSE rules, the Company must notify the NYSE within ten business days from the receipt of the notification of its intent to cure the deficiency...

TORONTO, Nov. 20, 2019 (GLOBE NEWSWIRE) — Asian Mineral Resources Limited (the “Company”) (ASN-TSX Venture) is pleased to announce that it has entered into an agreement to acquire (the “Acquisition”) all the issued and outstanding shares of Nigerian-based Decklar Petroleum Limited (“Decklar”). Decklar’s sole asset is a Risk Service Agreement (“RSA”) with Millenium Oil and Gas Company Limited (“Millenium”).  Millenium is the owner of the Oza Field located onshore in the northern part of Oil Mining License 11 in the Eastern Niger Delta of Nigeria.  The RSA entitles Decklar to cost recovery and a share of distributable funds from the Oza Field in exchange for technical and financial support.  Closing of the proposed acquisition is subject to certain customary conditions, including the exercise of at least 10,000,000 of the 13,333,333...

SAN JOSE, Calif., Nov. 20, 2019 (GLOBE NEWSWIRE) — California Water Service Group (Group) (NYSE: CWT) today announced the election of Scott L. Morris, 60, and Patricia K. (Patti) Wagner, 57, to the Company’s Board of Directors, effective January 1, 2020.Morris currently serves as Executive Chairman of Avista Corporation, an energy company in the Pacific Northwest, a post he assumed following his retirement as Chairman, President, and Chief Executive Officer in September of this year. Prior to her retirement in July 2019, Wagner served as Sempra Energy’s Group President of U.S. Utilities, following her tenure as Chairman and Chief Executive Officer of Southern California Gas Company, one of the largest natural gas utilities in the country.According to Chairman Peter C. Nelson, each brings valuable experience and expertise to the...