Day: November 22, 2019

ST. JOHN’S, Newfoundland and Labrador, Nov. 22, 2019 (GLOBE NEWSWIRE) — ITC Holdings Corp. (“ITC”), a subsidiary of Fortis Inc. (“Fortis” or the “Corporation”) (TSX/NYSE: FTS), received an order from the Federal Energy Regulatory Commission (“FERC”) yesterday adopting a new base Return on Equity (“ROE”) methodology for transmission owners in the Midcontinent Independent System Operator Inc. (“MISO”) region. FERC adjusted the base ROE to 9.88% with an upper end of the zone of reasonableness at 12.24%. Including ROE incentive adders for Regional Transmission Organization participation and independence at ITC, this implies an all-in prospective ROE of 10.63% for ITC’s subsidiaries operating in the MISO footprint. This compares to an all-in ROE of 11.07%...

NEW YORK, Nov. 22, 2019 (GLOBE NEWSWIRE) — Grayscale Investments®, the world’s largest digital currency asset manager, today announced that Grayscale® Digital Large Cap Fund (DLC) has received DTC eligibility and eligible Shares will be available to trade on the OTCQX® Best Market, the top tier of marketplaces operated by OTC Markets Group, Inc., under the symbol: GDLCF. FUND CONSTRUCTIONDLC provides exposure to a diverse selection of digital currencies that meet Grayscale’s fund construction criteria through a market capitalization-weighted portfolio (Fund Components). As of October 31, 2019, DLC’s Fund Components were a basket of 80.6% Bitcoin (BTC), 9.2% Ethereum (ETH), 6.0% XRP, 2.5% Bitcoin Cash (BCH), and 1.7% Litecoin (LTC).Through a rules-based portfolio construction methodology, DLC targets coverage of the upper 70% of...

ADMICOM OYJ SISÄPIIRITIETO 22.11.2019 KLO 15:45ADMICOM OYJ TOTEUTTI HENKILÖSTÖANNIN – VAHVA HENKILÖSTÖOMISTAJUUS JATKUUAdmicom Oyj:n hallitus päätti 23.10.2019 sille varsinaisessa yhtiökokouksessa 1.2.2019 annetun valtuutuksen nojalla järjestää suunnatun osakeannin yhtiön henkilöstölle. Henkilöstöannissa tarjottiin työntekijöiden merkittäväksi enintään 96 000 kappaletta (2 %) yhtiön uusia osakkeita. Hallitus katsoi, että osakeanti on yhtiön edun mukainen ja että osakkeenomistajan merkintäetuoikeudesta poikkeamiselle on yhtiön kannalta painava taloudellinen syy.Osakkeiden merkintähinta oli 44,17 euroa osakkeelta ja merkintäaika päättyi 21.11.2019. Osakkeisiin liittyy kuuden kuukauden luovutusrajoite ja merkinnän minimiraja oli 15 kappaletta ja maksimi 5000 kappaletta. Yhtiön hallitus on päättänyt henkilöstöannin merkintöjen hyväksymisestä.Yhtiön...

TORONTO, Nov. 22, 2019 (GLOBE NEWSWIRE) — AGF Investments Inc. (AGF) today announced the estimated annual 2019 reinvested distributions for the AGFiQ ETFs listed on the Toronto Stock Exchange or NEO Exchange. These estimated annual reinvested distributions generally represent realized capital gains within the AGFiQ ETFs and will not be paid in cash, but will be reinvested and reported as taxable.The annual reinvested distributions will be paid in the form of a notional distribution. A notional distribution is when the units from a reinvested distribution are immediately consolidated with the units held prior to the distribution. The number of units held after the distribution is therefore identical to the number of units held before the distribution. The unitholder’s adjusted cost base for the respective AGFiQ ETF may increase.Please...

TORONTO, 22 nov. 2019 (GLOBE NEWSWIRE) — (AGF) a annoncé aujourd’hui les distributions annuelles estimées réinvesties de 2019, pour les FNB AGFiQ inscrits à la Bourse de Toronto ou à la NEO Bourse. Ces distributions annuelles estimées réinvesties représentent généralement les gains en capital réalisés dans le cadre des FNB AGFiQ. Elles ne seront pas versées en espèces mais plutôt réinvesties et déclarées à titre de gains imposables.Les distributions annuelles réinvesties seront versées en tant que distributions théoriques. De telles distributions sont produites quand les parts associées aux distributions réinvesties sont immédiatement consolidées avec les parts qui étaient détenues avant la distribution. Le nombre de parts détenues après la distribution est ainsi identique au nombre de parts détenues auparavant. Par contre, le prix...

SAN FRANCISCO and TEL AVIV, Israel, Nov. 22, 2019 (GLOBE NEWSWIRE) — Kalytera Therapeutics, Inc. (TSX VENTURE: KLY and OTCQB: KALTF) (the “Company” or “Kalytera“) today announced that research reported in two peer-reviewed articles published in Blood provide further evidence supporting the activity of cannabidiol (“CBD”) in prevention and treatment of acute graft versus host disease (“GVHD”) and associated comorbidities. Blood is a peer-reviewed medical journal published by the American Society of Hematology.Acute GVHD is a life-threatening complication commonly occurring after bone marrow transplant procedures.An article published this month in Blood reported the case of a 35 year old patient who developed a variant of skin GVHD that is considered to be particularly aggressive, difficult to control, and...

MOUNT AIRY, N.C., Nov. 22, 2019 (GLOBE NEWSWIRE) — The Board of Directors of Surrey Bancorp (“the Company”, Pink Sheets: SRYB) announced today that it has declared a special cash dividend of 12 cents ($0.12) per share on the Company’s common stock. The Board also declared a regular quarterly cash dividend of 10 cents ($0.10) per share on the Company’s common stock. The cash dividends are payable on January 9, 2020, to shareholders of record as of the close of business on December 20, 2019. Ted Ashby, President/CEO of Surrey Bancorp, stated the dividends were based on the Company’s current operating results, its strong financial condition and a commitment to delivering shareholder value.Surrey Bancorp is the bank holding company for Surrey Bank & Trust (the “Bank”) and is located at 145 North Renfro Street, Mount Airy, North...

FAIRMONT, W.Va., Nov. 22, 2019 (GLOBE NEWSWIRE) — MVB Bank, Inc., a wholly-owned subsidiary of MVB Financial Corp. (“MVB” “MVB Financial”) (NASDAQ: MVBF), announced today the signing of a definitive agreement under which Summit Community Bank, Inc., a subsidiary of Summit Financial Group, Inc. (“Summit”) (NASDAQ: SMMF), will acquire three MVB Bank locations in Berkeley County (651 Foxcroft Ave., Martinsburg; 231 Aikens Center, Martinsburg; and 5091 Gerrardstown Road, Inwood) and one MVB Bank location in Jefferson County (88 Somerset Boulevard, Charles Town). Summit will assume certain deposits and loans whose balances at September 30, 2019, were approximately $181 million and $46 million, respectively.“This transaction aligns well with the strategic plans of both MVB Bank and Summit Community Bank. Summit is committed to grow in...

NEWARK, N.Y., Nov. 22, 2019 (GLOBE NEWSWIRE) — IEC Electronics Corp. (NYSE American: IEC) today announced results for the fiscal 2019 fourth quarter and year ended September 30, 2019 (“fiscal 2019”).IEC reported revenues of $43.9 million for the fourth quarter of fiscal 2019, an increase of 28.4% as compared to revenues of $34.2 million for the fourth quarter of the year ended September 30, 2018 (“fiscal 2018”), and a 9% increase sequentially compared to revenue in the third quarter of fiscal 2019. Gross margin for the fourth quarter of fiscal 2019 was 14.6%, an increase of 150 basis points compared to the same quarter last year. Selling and administrative expenses were $3.7 million in the fourth quarter of fiscal 2019, or 8.4% of sales, as compared to $2.9 million, or 8.5% percent of sales, in the fourth quarter of fiscal 2018....