Day: December 6, 2019
CALGARY, Alberta, Dec. 06, 2019 (GLOBE NEWSWIRE) — Arrow Exploration Corp. (“Arrow” or the “Company”) (TSXV: AXL), announced today that as a further step to reduce costs, the Company has terminated its agreement with Integral Wealth Securities Limited (“Integral”) to provide Market-Making services in accordance with TSX Venture Exchange (“TSXV”) policies and guidelines and other applicable legislation. On November 7, 2018, Arrow announced it had engaged Integral to trade securities of the Company on the TSXV with the objective of maintaining an orderly market of the Company’s securities. The termination of the agreement is effective December 31, 2019.Stock Option Issuance in ErrorArrow also announced today that its previous news release issued on December 3, 2019 announcing the December 2, 2019 grant of 150,000 stock options to...
PIMCO Closed-End Funds Declare Special Year-End Distribution
Written by Customer Service on . Posted in Dividend Reports And Estimates.
NEW YORK, Dec. 06, 2019 (GLOBE NEWSWIRE) — The Board of Trustees/Directors of the PIMCO closed-end funds (each, a “Fund” and, collectively, the “Funds”) has declared a special year-end distribution for certain Fund’s common shares as summarized below. The distributions are payable on December 23, 2019 to shareholders of record on December 16, 2019, with an ex-dividend date of December 13, 2019. In addition to the regular monthly dividend, this special year-end distribution is being paid to allow the Funds to meet their 2019 distribution requirements for federal excise tax purposes. The Funds’ total distribution will be taxable to shareholders in 2019.Distributions may include ordinary income, net capital gains and/or returns of capital. Generally, a return of capital occurs when the amount distributed by a Fund includes a portion...
Freddie Mac Prices $1.1 Billion Multifamily K-Deal, K-102
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MCLEAN, Va., Dec. 06, 2019 (GLOBE NEWSWIRE) — Freddie Mac (OTCQB: FMCC) recently priced a new offering of Structured Pass-Through Certificates (K Certificates), which are backed by underlying collateral consisting of fixed-rate multifamily mortgages with predominantly 10-year terms. The company expects to issue approximately $1.1 billion in K Certificates (K-102 Certificates), which are expected to settle on or about December 12, 2019.K-102 PricingDetailsCo-Lead Managers and Joint Bookrunners: Wells Fargo Securities, LLC and Goldman, Sachs and Co. LLCCo-Managers: Bancroft Capital, LLC, BofA Securities, Inc., Citigroup Global Markets Inc. and J.P. Morgan Securities LLCRating Agencies: Fitch Ratings, Inc. and Kroll Bond Rating Agency, Inc..Related LinksThe K-102 Preliminary Offering Circular Supplement: http://www.freddiemac.com/mbs/data/k102oc.pdf...
Nokia Bell Labs Prize awarded to new processor technology pioneered by student and professor team from University of California at Berkeley
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Press ReleaseNokia Bell Labs Prize awarded to new processor technology pioneered by student and professor team from University of California at Berkeley6 December 2019Murray Hill, New Jersey – Nokia today announced this year’s Nokia Bell Labs Prize, the global competition to recognize game-changing innovations that attracted more than 250 applications from 31 countries around the world. The 2019 prize has been awarded to a student and Professor team from the University of California at Berkeley. PhD student Tianshi Wang and Professor Jaijeet Roychowdhury received $100,000 for winning the competition, and the opportunity to pursue an expanded collaboration with Nokia Bell Labs.The pair won the prize for their work on “A Classic Spin on Quantum Computing.” Their innovation is in a new type of processor element that will be significantly...
PIMCO Energy and Tactical Credit Opportunities Fund Declares Special Year-End Distributions
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NEW YORK, Dec. 06, 2019 (GLOBE NEWSWIRE) — The Board of Trustees of PIMCO Energy and Tactical Credit Opportunities Fund (the “Fund”) (NYSE: NRGX) has declared a special year-end distribution as summarized below. The distributions are payable on December 23, 2019 to shareholders of record on December 16, 2019, with an ex-dividend date of December 13, 2019. In addition to the regular quarterly dividend, this special year-end distribution is being paid to allow the Fund to meet its 2019 distribution requirement for federal excise tax purposes. The Fund’s total distribution will be taxable to shareholders in 2019.Distributions may include ordinary income, net capital gains and/or returns of capital. Generally, a return of capital occurs when the amount distributed by the Fund includes a portion of (or is comprised entirely of) your...
A. H. Belo Corporation Announces First Quarter 2020 Dividend
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DALLAS, Dec. 06, 2019 (GLOBE NEWSWIRE) — A. H. Belo Corporation (NYSE: AHC) announced today that the Company’s Board of Directors declared a quarterly cash dividend of $0.08 per share on December 5, 2019. The dividend will be payable on March 6, 2020 to shareholders of record at the close of business on February 14, 2020.About A. H. Belo Corporation
ObsEva SA to Hold Conference Call to Discuss PRIMROSE 2 Trial Results on December 9, 2019
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Geneva, Switzerland and Boston, MA –December 6, 2019 – ObsEva SA (NASDAQ: OBSV / SIX: OBSN), a biopharmaceutical company developing and commercializing novel therapies to improve women’s reproductive health, today announced that it will release results from the Phase 3 PRIMROSE 2 clinical trial of linzagolix for the treatment of heavy menstrual bleeding due to uterine fibroids, on Monday December 9, 2019. ObsEva management will host an investment community conference call at 8 a.m. Eastern Time, 2 p.m. Central European Time, Monday December 9, 2019, to discuss these results. Investors may participate by dialing (844) 419-1772 for U.S. callers or +1 (213) 660-0921 for international callers, and referring to conference ID 1764134. A webcast of the conference call can be accessed under the “Investors” section of ObsEva’s website...
Flexion Therapeutics Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)
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BURLINGTON, Mass., Dec. 06, 2019 (GLOBE NEWSWIRE) — Flexion Therapeutics, Inc. (Nasdaq:FLXN) today announced equity inducement grants to six new employees consisting of an aggregate of 25,300 stock options and 4,150 restricted stock units. The Compensation Committee of the Board of Directors approved the grants with an effective date of December 2, 2019. The stock options and restricted stock units were granted as inducements material to the employees entering into employment with the Company in accordance with Nasdaq Listing Rule 5635(c)(4).The stock options have an exercise price of $17.94 per share and vest over four years, with 25% of the shares vesting on the one-year anniversary of the applicable vesting commencement date and 1/48 of the shares vesting monthly thereafter, subject to the new employee’s continued service...
Japan Smaller Capitalization Fund, Inc. Declares $0.2703 Ordinary Income Distribution, $0.1259 Short-Term Capital Gains Distribution, and $0.3464 Long-Term Capital Gains Distribution
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NEW YORK, Dec. 06, 2019 (GLOBE NEWSWIRE) — Japan Smaller Capitalization Fund, Inc. (NYSE: JOF) (the “Fund”) announced that it would make an ordinary income distribution of $0.2703 per share, a short-term capital gains distribution of $0.1259 per share, and a long-term capital gains distribution of $0.3464 per share, payable on December 27, 2019 to shareholders of record on December 18, 2019. The ex-dividend date will be December 17, 2019.The amounts and sources of distributions reported in this press release are only estimates and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon the Fund’s investment experience during the entirety of its fiscal year and may be subject to changes based on tax regulations. The Fund intends to send a Form...
Dalmac Announces Resignation of Chief Financial Officer
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EDMONTON, Alberta, Dec. 06, 2019 (GLOBE NEWSWIRE) — John Babic, President and CEO of Dalmac Energy Inc. (“Dalmac”) (TSX Venture “DAL”) announces effective December 3, 2019, Su Chun has resigned as the chief financial officer of Dalmac Energy Inc. Dalmac wishes to thank Ms. Chun for her contributions and efforts and wishes her well in her future endeavours.