Day: December 23, 2019

HUHTAMÄKI OYJ PRESS RELEASE 23.12.2019 AT 16:00Huhtamaki to acquire full ownership of its Brazilian joint venture company LaminorHuhtamaki has agreed to acquire full ownership of its joint venture company Laminor S.A. in Brazil. Laminor is specialized in high-quality tube laminates, particularly for oral care applications, and was set up in 2002 as a 50/50 joint venture together with Bemis Company, which is now part of Amcor.The acquisition enables Huhtamaki to expand its tube laminate business, an important part of the Group’s flexible packaging offering. Laminor has approximately 130 employees and its net sales in 2018 were approximately EUR 25 million. Following the acquisition Laminor will be consolidated as a subsidiary in the Group’s financial reporting and reported as part of the Flexible Packaging business segment....

HUHTAMÄKI OYJ LEHDISTÖTIEDOTE 23.12.2019 KLO 16.00Huhtamäki hankkii brasilialaisen yhteisyrityksensä Laminorin kokonaan omistukseensaHuhtamäki on sopinut hankkivansa Brasiliassa toimivan yhteisyrityksensä Laminor S.A:n kokonaan omistukseensa. Laminor on erikoistunut korkealaatuisten suuhygieniatuotteissa käytettävien tuubilaminaattien valmistukseen. Se perustettiin vuonna 2002 50/50 yhteisyrityksenä Bemis Companyn kanssa, josta on nyt tullut osa Amcoria.Tuubilaminaatit ovat tärkeä osa Huhtamäen joustopakkausvalikoimaa ja kauppa mahdollistaa tuubilaminaattiliiketoimintojen laajentamisen. Laminorin palveluksessa on noin 130 työntekijää ja sen liikevaihto vuonna 2018 oli noin 25 milj. euroa. Kaupan myötä Laminor liitetään tytäryhtiönä...

SAN DIEGO, Dec. 23, 2019 (GLOBE NEWSWIRE) — Retail Opportunity Investments Corp. (NASDAQ:ROIC) announced today that it amended and extended its $600 million unsecured credit facility, extending the maturity date to February 2024 and reducing the borrowing rate down to LIBOR plus 0.9%. Existing provisions to extend the maturity date for two consecutive six-month periods and an accordion feature, which allows the Company to increase the facility amount by an additional $600 million, were maintained.  Additionally, ROIC amended and extended its $300 million unsecured term loan, extending the maturity date to January 2025 and reducing the borrowing rate down to LIBOR plus 1%. The accordion feature provision, which allows the Company to increase the facility amount by an additional $200 million, was maintained.Michael B. Haines,...

MONTRÉAL, Dec. 23, 2019 (GLOBE NEWSWIRE) — Alderon Iron Ore Corp. (TSX: IRON) (“Alderon” or the “Company”) is pleased to announce that The Kami Mine Limited Partnership (“Kami LP”) has agreed with Sprott Resource Lending (“Sprott”) to extend the term of the US$14 million loan facility (“Loan Facility”). The Loan Facility had an original maturity date of December 31, 2019 (the “Original Maturity Date”) and will now be extended to February 14, 2020. Alderon and the Kami LP are currently evaluating several strategic transactions and this extension provides additional time to continue to pursue these opportunities.Sprott and Kami LP have agreed to conclude a forbearance and extension agreement by January 10, 2020. In connection with the extension a total...

RESTON, Va., Dec. 23, 2019 (GLOBE NEWSWIRE) — During 2019, Comstock Holding Companies, Inc., (“Comstock”) (NASDAQ: CHCI) has announced the signing of more than 500,000 Sq. Ft. of new office leases in the Reston Station development, which covers nearly 40 acres surrounding the Wiehle-Reston East Station on Metro’s Silver Line, and is  part of the anchor portfolio of managed assets being developed by Comstock in the Dulles Corridor.In April 2019, the company announced Google (165,000 Sq. Ft.) as an anchor tenant at 1900 Reston Metro Plaza; followed by a flurry of leasing activity to include announcements from global information services company, Neustar, (100,000 sq. ft. at 1906 Reston Metro Plaza); and leading industrial technology company, Rolls-Royce North America (18,000 Sq. Ft. at 1900 Reston Metro Plaza)....

CHARLOTTE, N.C., Dec. 23, 2019 (GLOBE NEWSWIRE) — LPL Financial LLC, a leading retail investment advisory firm and independent broker-dealer, today announced that financial advisor Stacey Williams has joined LPL Financial’s broker-dealer and corporate registered investment advisor (RIA) platforms, aligning with The Financial Services Network, an existing LPL firm. She reported having served approximately $160 million in brokerage, advisory and retirement plan assets*. She joins from Bank of Hawaii’s Bankoh Investment Services.Williams joins her husband, longtime LPL advisor Rob Williams, at ARA Wealth Management Group in Hilo, Hawaii. With more than 28 years of banking experience and 20 years in the financial services industry, her primary focus is retirement planning. She is eager to begin the next stage of her career...

UNIONDALE, N.Y., Dec. 23, 2019 (GLOBE NEWSWIRE) — Flushing Financial Corporation (the “Company”) (Nasdaq-: FFIC), the parent holding company for Flushing Bank (the “Bank”), announced today that the Bank has opened a new branch location, at 268 North Broadway, Hicksville, NY. This new full-service location will highlight the Universal Banker model with Assisted Service Kiosk (ASK) ATMs and Video Banker services.John R. Buran, President and CEO of Flushing Bank, stated: “This new Hicksville location expands our presence on Long Island and showcases our Universal Banker model with unique Video Banker services. We are excited to continue our planned expansion of this new way to bank and anticipate continued positive customer reaction. Flushing Bank has a long history of serving multicultural markets in...

Springfield, Illinois, Dec. 23, 2019 (GLOBE NEWSWIRE) — Horace Mann donated more than $10,000 to 35 educators in its Fall Into Funding Sweepstakes. The company, which helps educators achieve their financial goals, began the contest as educators returned to school and it just concluded. DonorsChoose.org provides a way for teachers to post classroom project requests allowing donors to identify and choose projects to support.Educator projects completed included requests for a mini fridge, art canvases, flexible seating and more. Rebecca McElhannon teaches seventh grade at Bismarck Middle School in Bismarck, Arkansas. She requested a mini fridge for a lunch program she started for her students. “One day a week, I will have student volunteers come to my room to help classmates on course work. Students will peer tutor while enjoying...

MINNEAPOLIS, Dec. 23, 2019 (GLOBE NEWSWIRE) — Sun BioPharma, Inc. (OTCQB: SNBP), a clinical-stage biopharmaceutical company developing disruptive therapeutics for the treatment of people with pancreatic cancer, today announced that an abstract describing Phase 1 clinical data for SBP-101 has been accepted for poster presentation January 24, 2020 at the American Society for Clinical Oncology (ASCO) 2020 Gastrointestinal Cancers Symposium, being held January 23-25 in San Francisco. SBP-101 is a proprietary polyamine analogue designed to induce polyamine metabolic inhibition (PMI) a metabolic pathway of critical importance in multiple tumor types.Sun BioPharma also announced that Arthur J. Fratamico, RPh, MBA recently joined its Board of Directors.  Mr. Fratamico is an experienced business development executive with 25 years of...

Anaheim, CA, Dec. 23, 2019 (GLOBE NEWSWIRE) — LIVEWIRE ERGOGENICS INC. (OTC: LVVV), a health and wellness company with a focus on special purpose real-estate acquisitions and the licensing and management of high-end and permitted facilities to produce high-quality craft cannabis products and services in California announced today that it has completed all necessary research and has submitted its environmental report and biological resource study to the planning department for its planned Estate Grown Weedery project.Bill Hodson, CEO of LiveWire stated, “With the demand for pure, organically grown and thoroughly tested cannabis products growing rapidly, we expect the handcrafted product that will be grown at our California ranch to become the most sought-after premium cannabis in the industry. In the true spirit of ‘Doing-it-Right’...