Day: December 10, 2019

NEW YORK, Dec. 10, 2019 (GLOBE NEWSWIRE) — Apollo Commercial Real Estate Finance, Inc. (the “Company”) (NYSE:ARI) today announced the Board of Directors declared a dividend of $0.46 per share of common stock, which is payable on January 15, 2020 to common stockholders of record on December 31, 2019. About Apollo Commercial Real Estate Finance, Inc.Apollo Commercial Real Estate Finance, Inc. (NYSE: ARI) is a real estate investment trust that primarily originates, acquires, invests in and manages performing commercial real estate mortgage loans, subordinate financings and other commercial real estate-related debt investments. The Company is externally managed and advised by ACREFI Management, LLC, a Delaware limited liability company and an indirect subsidiary of Apollo Global Management, Inc., a leading global alternative investment...

WOONSOCKET, R.I., Dec. 10, 2019 (GLOBE NEWSWIRE) — SUMR Brands (“SUMR Brands” or the “Company”) (NASDAQ: SUMR), a global leader in premium infant and juvenile products, today announced that Stuart Noyes has been appointed as Interim Chief Executive Officer, effective December 16, 2019.  Mr. Noyes is currently a managing partner and co-founder of Winter Harbor, LLC, a consulting firm specializing in turnaround and restructuring services. He has more than 25 years of experience in executive and general management, operations, procurement, creditor negotiations, and finance, providing strategic and tactical turnaround solutions to a variety of clients. “We are very pleased to announce that Stuart Noyes has joined SUMR Brands as interim CEO,” said Robin Marino, Chairwoman. “His broad experience across a number...

NEW YORK, Dec. 10, 2019 (GLOBE NEWSWIRE) — Apollo Commercial Real Estate Finance, Inc. (the “Company”) (NYSE:ARI) today announced the Board of Directors declared a cash dividend on the Company’s 8.00% Fixed-to-Floating Series B Cumulative Redeemable Perpetual Preferred Stock (the “Series B Preferred”) of $0.50 per share for the quarterly period from October 15, 2019 to, but not including, January 15, 2020. The Series B Preferred dividend is payable on January 15, 2020 to Series B Preferred stockholders of record as of December 31, 2019. About Apollo Commercial Real Estate Finance, Inc.Apollo Commercial Real Estate Finance, Inc. (NYSE: ARI) is a real estate investment trust that primarily originates, acquires, invests in and manages performing commercial real estate mortgage loans, subordinate financings and other commercial real...

NEW YORK, Dec. 10, 2019 (GLOBE NEWSWIRE) — WisdomTree (NASDAQ: WETF), an exchange-traded fund (“ETF”) and exchange-traded product (“ETP”) sponsor and asset manager, today announced plans to close and liquidate three of its ETFs.The ETFs will no longer accept creation orders after Friday, January 17, 2020. The final day of trading on the ETFs’ respective exchanges will also be Friday, January 17, 2020.  Shareholders who do not sell their shares by this date will have their shares automatically redeemed for cash based on each ETF’s net asset value (NAV), which is expected to be on or around Monday, January 27, 2020, following the last day of operations, which is expected to be Friday, January 24, 2020.  Additional information can be found in the WisdomTree Fund Changes: FAQ document here.  Fund Closures/Liquidation:About WisdomTreeWisdomTree...

CALGARY, Alberta, Dec. 10, 2019 (GLOBE NEWSWIRE) — Founders Advantage Capital Corp. (TSX-V: FCF) (“FAC” or the “Corporation”) is pleased to announce that it has entered into foreign currency forward contracts (the “Hedge Agreements”) to partially mitigate foreign currency exchange risk in connection with its USD-denominated corporate credit facility which has current principal balance of USD$32.6 million (the “Credit Facility”).  The Hedge Agreements require the Corporation to purchase USD$15.0 million at a fixed CAD/USD exchange rate of $1.3370 on June 14, 2022 (which coincides with the maturity date of the Credit Facility).  The Corporation has the ability to complete additional Hedge Agreements up to USD$10.0 million.  The Corporation originally converted the proceeds from the Credit Facility into CAD in 2017 at an exchange rate...

NEW YORK, Dec. 10, 2019 (GLOBE NEWSWIRE) — RPT Realty (NYSE:RPT) (“RPT” or “the Company”), a publicly traded real estate investment trust that owns and operates a national portfolio of open-air shopping destinations principally located in top U.S. markets, announced today the formation of a new joint venture with GIC Private Limited (“GIC”), Singapore’s sovereign wealth fund. The Company contributed five properties valued at $244.0 million to the joint venture, referred to as the RPT-GIC Venture (“RGV”), and received $118.3 million in gross proceeds for the 48.5% stake in RGV that was acquired by GIC. Additionally, GIC has committed up to $200.0 million of additional capital to RGV over the next three years to fund its share of potential future acquisitions of grocery anchored shopping centers in target markets in the...

CARLSBAD, Calif., Dec. 10, 2019 (GLOBE NEWSWIRE) — AppTech Corp. (OTC PINK SHEETS: APCX), a fintech company, announced today the initial public filing of a Form 10 Registration Statement with the U.S. Securities and Exchange Commission (the “SEC”). The registration of securities with the SEC provides investors detailed information, including an overview of business strategies and audited financial statements.Once the Form 10 becomes effective 60 days from the filing date, AppTech will be a fully reporting company with the SEC, subject to quarterly, annual and other reporting requirements. The company intends to utilize an increased market presence and potential support of institutional investors to aid the company’s growth and acquisition strategy. It is the company’s intent to uplist to a major stock exchange upon meeting certain...

DUBLIN, Ireland and CHICAGO, Dec. 10, 2019 (GLOBE NEWSWIRE) — Iterum Therapeutics plc (Nasdaq: ITRM), a clinical-stage pharmaceutical company focused on developing an oral and IV penem antibiotic to treat infections caused by multi-drug resistant pathogens in both community and hospital settings, today announced topline results from its Sulopenem for Resistant Enterobacteriaceae (SURE) 3 clinical trial in complicated intra-abdominal infections (cIAI).The primary U.S. Food and Drug Administration (FDA) endpoint was clinical response on Day 28 in the micro-MITT population. In this population, the difference in outcomes was 4.7% with a 95% confidence interval on that difference of -10.3% to 1.0%. Non-inferiority required that the lower limit of the difference in the outcome rates be >-10% for FDA.In a prespecified multiple imputation...

NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICESHALIFAX, Dec. 10, 2019 (GLOBE NEWSWIRE) — NOVA LEAP HEALTH CORP. (TSXV: NLH) (“Nova Leap” or “the Company”), a 2019 TSX Venture 50™ ranked company focused on the home health care industry, is pleased to announce that Chris Dobbin, President & CEO of Nova Leap, will present at the ii6 Summit to be held December 11, 2019 at the Omni King Edward Hotel in Toronto.  The event, which is sponsored by InvestorIntel Corp. and 724 Capital Corp., gives CEOs an opportunity to present their companies to multiple accredited investors. During the Main Event, Mr. Dobbin plans to discuss the following:Record Quarterly Results – Q3The quarter ending September 30, 2019 results were released on November 7, 2019 and highlighted:Nine consecutive quarters of revenue...

GRAPEVINE, Texas, Dec. 10, 2019 (GLOBE NEWSWIRE) — GameStop Corp. (NYSE: GME), today reported sales, earnings and share repurchase activity for the third quarter ended November 2, 2019, and issued updated guidance for fiscal 2019.George Sherman, GameStop’s chief executive officer said, “Our third quarter results continue to reflect the prevailing industry trends, most notably the unprecedented decline in new hardware sales seen across the market as the current generation of gaming consoles reach the end of their lifecycle and consumers delay their spending in anticipation of new hardware releases. With console makers set to introduce new and innovative gaming consoles late next year, we anticipate this trend to continue until the fourth quarter of  2020.  Despite the current top-line trends, we are pleased with the continued strong...