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Year: 2019

First Citizens Bank Completes Operational Conversion of Biscayne Bank Division

RALEIGH, N.C., Dec. 09, 2019 (GLOBE NEWSWIRE) — First Citizens Bank announced that its Biscayne Bank division based in Coconut Grove, Fla., has completed its conversion to First Citizens’ operations and systems. This conversion puts both banks on the same operational and technical systems and aligns customer accounts to First Citizens products and services.“This completed conversion signifies the continued growth of our company and further strengthens our presence in South Florida,” said Frank B. Holding Jr., chairman and CEO of First Citizens Bank. “We look forward to serving our new customers who now have access to our extensive array of products and services.”The conversion includes all of the former Biscayne division accounts. The four former Biscayne division locations (two in Coconut Grove, one in Doral and one in South Miami)...

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Verizon announces final results of its tender offers for 20 series of notes of Verizon and certain of its subsidiaries

NEW YORK, Dec. 09, 2019 (GLOBE NEWSWIRE) — Verizon Communications Inc. (“Verizon”) (NYSE, NASDAQ: VZ) today announced the final results of its previously announced 20 separate offers to purchase for cash the outstanding series of notes listed in the table below (collectively, the “Notes”). Each offer to purchase a series of Notes is referred to as an “Offer” and collectively, as the “Offers”. The Offers were made upon the terms and subject to the conditions set forth in the Offer to Purchase dated October 24, 2019 relating to the Notes (the “Offer to Purchase”) and the accompanying letter of transmittal (the “Letter of Transmittal”), as amended by Verizon’s press release announcing the pricing terms of the Offers, dated November 21, 2019, and Verizon’s press release announcing the interim results, extension, early settlement and...

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Cordy Oilfield Services Inc. Applies to Extend the Expiry Date of Outstanding Warrants

CALGARY, Alberta, Dec. 09, 2019 (GLOBE NEWSWIRE) — Cordy Oilfield Services Inc. (“Cordy” or the “Company”) (TSX VENTURE: CKK) announces that it has applied to the TSX Venture Exchange (the “Exchange”) to extend the expiry date of certain of its outstanding common share purchase warrants (the “Warrants”). The application seeks Exchange approval of a three month extension of the expiry date of the 17,127,176 Warrants issued on December 14, 2016, and having an exercise price of $0.05 per whole Warrant, from December 14, 2019 to March 14, 2020. The extension of the term of the Warrants is subject to the acceptance of the Exchange.If the extension is approved by the Exchange, warrantholders are advised that replacement Warrant certificates will not be issued and that the original Warrant certificates must be presented to the Company...

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SBM Offshore optimizes FPSO N’Goma project loan

December 9, 2019SBM Offshore is pleased to announce the closure of a supplemental non-recourse project loan facility of US$250 million. The facility is related to the entity Sonasing Xikomba Ltd., which owns the FPSO N’Goma operating offshore Angola.The total outstanding loan amount increased to c. US$450 million. Furthermore the project’s debt profile was optimized by aligning the loan maturity with the remaining charter contract duration. The original maturity date of the loan was extended by c. 4.5 years to an expiration date of 15 May 2026.Corporate ProfileSBM Offshore N.V. is a listed holding company that is headquartered in Amsterdam. It holds direct and indirect interests in other companies that collectively with SBM Offshore N.V. form the SBM Offshore Group (“the Company”).SBM Offshore provides floating production solutions to...

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GUERBET : Déclaration des opérations sur actions propres (agrégée) – Du 02 au 06 décembre 2019

Villepinte (France), le 09 décembre 2019La présentation détaillée transaction par transaction est disponible via le lien suivant : https://edit.guerbet.com/media/fpkfdmg3/cp-rachat-actions-hebdomadaire-d%C3%A9taill%C3%A9e-09122019.pdfPionnier dans le domaine des produits de contraste avec plus de 90 années d’expérience, Guerbet est un des leaders de l’imagerie médicale au niveau mondial. Il dispose d’une gamme complète de produits pharmaceutiques, de dispositifs médicaux et de services pour l’imagerie diagnostique et interventionnelle afin d’améliorer la prise en charge thérapeutique des patients. Avec 8 % de ses ventes consacrées à la R&D et plus de 200 collaborateurs répartis dans 4 centres en France, en Israël et aux États-Unis, Guerbet mobilise d’importantes ressources pour la recherche et l’innovation. Guerbet (GBT) est coté...

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Lincoln Educational Services Corporation Reports 10b5-1 Plan Establishment By President & CEO; Directors’ Open Market Purchases of Common Shares; Reiterates Full Year 2019 Guidance

WEST ORANGE, N.J., Dec. 09, 2019 (GLOBE NEWSWIRE) — Lincoln Educational Services Corporation (Nasdaq: LINC), today reports that Scott Shaw, Lincoln’s President and Chief Executive Officer, has established a personal stock trading plan in accordance with Rule 10b5-1 under the Securities and Exchange Act of 1934 and the Company’s policies with respect to insider transactions to effect purchases of the Company’s common stock. Rule 10b5-1 permits corporate officers, directors and others to adopt written, pre-arranged stock trading plans when they are not in possession of material, non-public information.In addition, certain members of the board of directors have made open market purchases of the Company’s common stock.The Company is also reiterating its guidance for the full year ending December 31, 2019 as follows:Revenue and student...

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Orkla ASA: Mandatory notification of trade – hedging of long-term incentive programme

Orkla has on 9 December 2019 entered into a total return swap transaction with exposure to 1,730,000 underlying shares in Orkla ASA, with maturity date 11 March 2020. The transaction was settled at an initial share price of NOK 90.46. The transaction is a hedge of Orkla’s share price exposure under the Group’s cash-based long-term incentive (LTI) programme as described in note 5 of Orkla ASA’s annual accounts for 2018. The programme constitutes an exposure to the performance of the Orkla share, as the amounts awarded are adjusted according to the return on the Orkla until the disbursement date.After the above transaction, Orkla has a hedging position equivalent to 1,730,000 underlying shares.Orkla’s total holding of treasury shares is 1,125,182 shares.Orkla is a leading supplier of branded consumer goods and concept solutions to the consumer,...

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Orkla ASA: Meldepliktig handel – sikring av langtidsinsentivordning

Orkla har den 9. desember 2019 inngått en «total return swap»-avtale knyttet til Orkla-aksjens kursutvikling tilsvarende 1.730.000 underliggende aksjer med forfall 11.mars 2020. Transaksjonen er avregnet til initiell kurs kr 90,46. Avtalen er en sikring av Orklas aksjekurseksponering under konsernets kontantbaserte langtidsinsentivordning (LTI), nærmere beskrevet i note 5 i Orkla ASAs årsregnskap for 2018. Denne ordningen utgjør en økonomisk eksponering på Orkla-aksjens kursutvikling ettersom tildelte beløp reguleres med utviklingen av Orkla-aksjen frem til utbetalingsdato. Etter denne transaksjonen har Orkla en sikringsposisjon tilsvarende 1.730.000 underliggende aksjer.Orkla eier 1.125.182 egne aksjer.Orkla er en ledende leverandør av merkevarer og konseptløsninger til forbruker-, storhusholdnings- og bakerimarkedet i Norden, Baltikum...

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BRT Apartments Corp. Announces Dividend

GREAT NECK, N.Y., Dec. 09, 2019 (GLOBE NEWSWIRE) — BRT Apartments Corp. (NYSE:BRT) announced that its Board of Directors declared a quarterly dividend on the Company’s common stock of $0.22. The dividend is payable January 7, 2020 to stockholders of record on December 20, 2019.  For Federal income tax purposes, it is anticipated that  this dividend will be included in 2019 income and that it will be treated as capital gain. About BRT Apartments Corp:BRT is a real estate investment trust that directly, or through joint ventures, owns and operates multi-family properties.  Additional information on BRT, its operations and portfolio, is available at BRT’s website at: http://brtapartments.com.  Interested parties are encouraged to review BRT’s Form 10-K filed December 10, 2018 and its other reports filed thereafter with the Securities...

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Iconic Brands Announces Sale of its Majority Interest in Green Grow Farms, Inc.

Company to focus on Hooters Spirits national roll out, Bellisima’s launch in select European countries, and introduction of new and innovative Iconic brandsAmityville, NY, Dec. 09, 2019 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — Iconic Brands, Inc. (OTCQB: ICNB) (“Iconic” or the “Company”) today announced that it has entered into a Stock Purchase Agreement (the “Agreement”) with Canbiola, Inc. (OTCQB: CANB) (“Canbiola”) and Green Grow Farms, Inc. (“Green Grow”) for the sale of Iconic’s majority equity interest in Green Grow in consideration for 37,500,000 shares of Canbiola’s common stock, subject to an upward adjustment in shares based on the market price per share (as defined in the Agreement) of CANB on June 30, 2020.The sale monetizes a non-core asset and allows Iconic to devote all of its resources and attention to further...

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