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Year: 2019

Watford Agrees to Purchase French P&C Insurer

HAMILTON, Bermuda, Dec. 06, 2019 (GLOBE NEWSWIRE) — Watford Holdings Ltd. (“Watford”) (NASDAQ: WTRE) has entered into an agreement to purchase Axeria IARD, a property and casualty insurance company based in France. Watford is acquiring 100% of the capital stock of Axeria IARD from the APRIL group. The transaction is subject to regulatory approval and is expected to close in the Spring of 2020.Axeria IARD is headquartered in Lyon, France, with branch offices in Lille and Bordeaux and is active in the French and EU commercial property and casualty insurance market with in-force gross premiums written of approximately €140 million.Watford CEO, John Rathgeber, commented: “This transaction represents another significant milestone in the build-out of our insurance business. Consistent with our business model, Watford will...

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Oil-Dri Announces First Quarter of Fiscal 2020 Results

CHICAGO, Dec. 06, 2019 (GLOBE NEWSWIRE) — Oil-Dri Corporation of America (NYSE: ODC), producer and marketer of sorbent mineral products, today announced its first quarter fiscal 2020 earnings.Daniel S. Jaffee, President and CEO, stated, “Our financial results for the first quarter of fiscal 2020 were extremely strong and reflect the successful impact of our prior year’s investments.  We achieved record consolidated net sales for the quarter which demonstrates meaningful progress in the execution of our strategies.  Increases in customer purchasing trends as well as margin expansion occurred both within our Retail & Wholesale and Business to Business Products Groups.  Our new Sales and Operations Process (S&OP) is underway, and our team is focused on its implementation in order to reap the numerous related benefits. Reductions...

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CORRECTION – Domo Announces Fiscal 2020 Third Quarter Financial Results

SILICON SLOPES, Utah, Dec. 06, 2019 (GLOBE NEWSWIRE) — In a release issued under the same headline on December 5, 2019 by Domo (Nasdaq: DOMO), please note that under Business Outlook, Full Year Fiscal 2020, the second bullet should read: Non-GAAP net loss per share is expected to be between $3.85 and $3.89 based on 27.5 million weighted-average shares outstanding. The corrected release follows:Domo, Inc. (Nasdaq: DOMO) today announced results for the fiscal 2020 third quarter ended October 31, 2019.Fiscal Third Quarter ResultsTotal revenue was $44.8 million, an increase of 22% year over yearSubscription revenue was $37.8 million, an increase of 24% year over yearSubscription revenue represented 85% of total revenueBillings were $44.4 million or 15% year-over-year growthNet cash used in operating activities was $19.5 million, an...

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Cachaldora Travel Group and Uniglobe L’Alianxa Travel Merge to Create CTG L’Alianxa Travel Group

Miami, Florida, Dec. 06, 2019 (GLOBE NEWSWIRE) — Cachaldora Travel Group (CTG) and Uniglobe L’Alianxa Travel announced the merge of the two companies. The new entity will trade under “CTG L’Alianxa Travel Group” and will be headquartered in Miami, Fl.“This merge will help us consolidate as the number one tour operator to the Dominican Republic from South Florida” said, Amelia Cachaldora, founder of CTG, who will remain on the Board of Directors of the new company. “We will continue to operate our Puncana.com brand, delivering the same great experience to our customers and agents, while incorporating new markets and expanding our network of affiliated travel agencies” added Cachaldora.“We are very proud and excited to join forces with CTG, said Luis Salazar, Managing Partner of CTG L’Alianxa Travel Group. We are sure that our network...

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Mammoth Provides Update on Activities at Its Tenoriba Gold Property, Mexico

TORONTO, Dec. 06, 2019 (GLOBE NEWSWIRE) — Mammoth Resources Corp. (TSX-V: MTH), (the “Company”, or “Mammoth”) would like to provide an update on exploration activities at its Tenoriba precious metal, gold-silver property located in the prolific Sierra Madre precious metal belt in southwestern Chihuahua State, Mexico.  Mammoth announced on December 20, 2018, that it and Centerra Gold Inc. (Centerra) had reached an agreement to option Mammoth’s Tenoriba property to Centerra whereby Centerra acting as Operator of the property can earn up to a 70% interest in the Tenoriba property upon total project expenditures of US$9.9 million (C$12.0 million) and payments to Mammoth of US$900,000 (C$1.2 million) to be expended over a maximum seven-year period, expenditure amounts which can be accelerated depending on exploration success. During...

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GE Board of Directors Authorizes Regular Quarterly Dividend

FAIRFIELD, Conn., Dec. 06, 2019 (GLOBE NEWSWIRE) — The Board of Directors of GE (NYSE: GE) today declared a $0.01 per share dividend on the outstanding common stock of the Company. The dividend is payable January 27, 2020 to shareowners of record at the close of business on December 23, 2019. The ex-dividend date is December 20, 2019.About GEGE (NYSE:GE) drives the world forward by tackling its biggest challenges. By combining world-class engineering with software and analytics, GE helps the world work more efficiently, reliably, and safely. For more than 125 years, GE has invented the future of industry, and today it leads new paradigms in additive manufacturing, materials science, and data analytics. GE people are global, diverse and dedicated, operating with the highest integrity and passion to fulfill GE’s mission and deliver...

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NXP Completes Acquisition of Marvell’s Wi-Fi and Bluetooth Connectivity Assets

EINDHOVEN, The Netherlands, Dec. 06, 2019 (GLOBE NEWSWIRE) — NXP Semiconductors N.V. (NASDAQ: NXPI) today announced the completion of the acquisition of the wireless connectivity assets from Marvell (NASDAQ: MRVL), pursuant to the terms of the previously announced agreement from May 2019.About NXP SemiconductorsNXP Semiconductors N.V. (NASDAQ: NXPI) enables secure connections for a smarter world, advancing solutions that make lives easier, better, and safer. As the world leader in secure connectivity solutions for embedded applications, NXP is driving innovation in the automotive, industrial & IOT, mobile, and communication infrastructure markets. Built on more than 60 years of combined experience and expertise, the company has approximately 30,000 employees in more than 30 countries and posted revenue of $9.41 billion in 2018....

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CN 100 Celebrations in Regina Were a Success

REGINA, Saskatchewan, Dec. 06, 2019 (GLOBE NEWSWIRE) — CN (TSX: CNR) (NYSE: CNI) is pleased that the CN 100: A Moving Celebration, the moving container village celebrating the people, history and future of CN, which was in Regina as part of Canadian Western Agribition from November 25th to November 30th, was a success. The celebration attracted over 27,000 participants in Regina.CN was created by an Act of Parliament in Canada on June 6, 1919 and has since contributed continuously to Canada’s economy and prosperity. Through its evolution over the years — from a Federal Crown Corporation for 75 years to its privatization in 1995 — CN is the railway that uniquely spans North America from Eastern Canada to Western Canada to the Gulf of Mexico. For 100 years, CN has been serving Canada’s economy, from building the country to now moving...

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Les célébrations des 100 ans du CN remportent un succès à Regina

REGINA, Saskatchewan, 06 déc. 2019 (GLOBE NEWSWIRE) — Le CN (TSX : CNR) (NYSE : CNI) est heureux que la tournée CN 100 – Célébration en mouvement, le village de conteneurs itinérant célébrant les gens, l’histoire et l’avenir du CN, qui était à Regina à l’occasion de la foire Agribition de l’Ouest canadien tenue du 25 au 30 novembre, ait été couronnée de succès. La célébration a attiré plus de 27 000 participants à Regina.C’est le 6 juin 1919 que le CN a été créé en vertu d’une loi du Parlement canadien. Depuis, il joue un rôle indéfectible dans l’économie et la prospérité du Canada. De société d’État pendant les 75 premières années de son existence jusqu’à sa privatisation en 1995, le CN est devenu au fil des années le seul réseau ferroviaire couvrant toute l’Amérique du Nord, de l’est à l’ouest du Canada et jusqu’au golfe du Mexique....

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Simplicity Esports and Gaming Company Confirms Status as OTCQB Company

Boca Raton, Florida, Dec. 06, 2019 (GLOBE NEWSWIRE) — Simplicity Esports and Gaming Company (OTCQB: WINR) (“Simplicity Esports”), an established brand within the esports industry and an operator of esports gaming centers, confirmed today that its common stock and certain warrants are quoted on the OTCQB tier of the OTC Markets Group, Inc. under the symbols “WINR” and “WINRW,” respectively.About Simplicity Esports and Gaming Company:Simplicity Esports and Gaming Company (OTCQB: WINR) is an established brand within the esports industry, competing and streaming in popular games across different genres, including PUBG®, Fortnite®, League of Legends®, Overwatch®, Gears of War®, Smite®, and various other titles. Additionally, Simplicity Esports operates Esports Gaming Centers that provide the public an opportunity to experience and enjoy...

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