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Year: 2019

Eagle Growth and Income Opportunities Fund Announces Rescheduled Quarterly Investor Call

BOSTON, Dec. 02, 2019 (GLOBE NEWSWIRE) — Eagle Growth and Income Opportunities Fund (the “Fund”) (NYSE: EGIF) today announced that it is rescheduling its investor call from Tuesday, December 3, to Tuesday, December 10, 2019, at 4:15 pm ET.  Brian Good, President and Principal Executive Officer of the Fund, and James C. Camp, Portfolio Manager of the Fund, will host the call.The conference call can be accessed by dialing 855-982-8069, conference ID 6575778.  A replay of the live broadcast will be available by dialing 855-859-2056, conference ID 6575778 through December 24, 2019.The Fund’s September 2019 fact sheet is available on its website at http://thlcreditegif.com.About Eagle Growth and Income Opportunities FundThe Fund is a diversified, closed-end management investment company that is advised by THL Credit Advisors LLC and sub-advised...

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PIMCO Energy and Tactical Credit Opportunities Fund Declares Quarterly Common Share Distributions

NEW YORK, Dec. 02, 2019 (GLOBE NEWSWIRE) — The Board of Trustees of PIMCO Energy and Tactical Credit Opportunities Fund (the “Fund”) (NYSE: NRGX) has declared a quarterly distribution of $0.400000 per share payable on January 2, 2020 to shareholders of record on December 12, 2019, with an ex-dividend date of December 11, 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 investment in the Fund in addition to (or rather than) your pro-rata portion of the Fund’s net income or capital gains. The Fund’s distributions in any period may be more or less than the net return earned by the Fund on its investments, and therefore should not be used as a measure of performance...

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PIMCO Closed-End Funds Declare Monthly Common Share Distributions

NEW YORK, Dec. 02, 2019 (GLOBE NEWSWIRE) — The Boards of Trustees/Directors of the PIMCO closed-end funds (each, a “Fund” and, collectively, the “Funds”) have declared a monthly distribution for each Fund’s common shares as summarized below. The distributions are payable on January 2, 2020 to shareholders of record on December 12, 2019, with an ex-dividend date of December 11, 2019.

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Plug Power Inc. Announces Proposed Public Offering of Common Stock

LATHAM, N.Y., Dec. 02, 2019 (GLOBE NEWSWIRE) — Plug Power Inc. (NASDAQ: PLUG), a leader in providing clean, reliable energy solutions, today announced that it has commenced an underwritten public offering of 40 million shares of its common stock. In addition, Plug Power intends to grant the underwriters a 30-day option to purchase up to an additional 6 million shares of its common stock.  Morgan Stanley and Barclays are acting as joint book-running managers for the offering. The offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed, or the actual size or terms of the offering.About Plug Power Inc.The architect of modern hydrogen and fuel cell technology, Plug Power is the innovator that has taken hydrogen and fuel cell technology from concept to commercialization....

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Huntington Ingalls Industries Awarded Contract For Construction of Virginia-Class Block V Submarines

NEWPORT NEWS, Va., Dec. 02, 2019 (GLOBE NEWSWIRE) — Huntington Ingalls Industries (NYSE: HII) announced today that its Newport News Shipbuilding division and teaming partner General Dynamics Electric Boat has been awarded a $22 billion contract to build nine Virginia-class submarines for the U.S. Navy.The Block V contract allows Newport News and Electric Boat to continue the modernization of the fleet of nuclear-powered fast-attack submarines over a five year period, with construction starting in 2019 and deliveries scheduled from 2025 through 2029.Newport News will serve as the delivery yard for five of the planned submarines.Under the contract, eight of the nine boats will be built with the Virginia Payload Module (VPM), an 84-foot section that provides more than three times the missile strike capacity of the current Virginia-class...

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Range Declares Quarterly Dividend

FORT WORTH, Texas, Dec. 02, 2019 (GLOBE NEWSWIRE) — RANGE RESOURCES CORPORATION (NYSE: RRC) today announced that its Board of Directors declared a quarterly cash dividend on its common stock for the fourth quarter.  A dividend of $0.02 per common share is payable on December 30, 2019 to stockholders of record at the close of business on December 13, 2019. RANGE RESOURCES CORPORATION (NYSE: RRC) is a leading U.S. independent natural gas, NGL and oil producer with operations focused in stacked-pay projects in the Appalachian Basin and North Louisiana.  The Company pursues an organic development strategy targeting high return, low-cost projects within its large inventory of low risk development drilling opportunities. The Company is headquartered in Fort Worth, Texas. More information about Range can be found at www.rangeresources.com.Range...

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Brookfield Office Properties Announces Reset Dividend Rate on Its Series AA Preference Shares and Quarterly Dividend Rate on Its Series S Preference Shares

Not for distribution to U.S. newswire services nor for dissemination to the United States. All amounts in Canadian dollars.BROOKFIELD NEWS, Dec. 02, 2019 (GLOBE NEWSWIRE) — Brookfield Office Properties Inc., a subsidiary of Brookfield Property Partners L.P., today announced the reset dividend rate on its Class AAA Preference Shares, Series AA (“Series AA Shares”) (TSX: BPO.PR.A) and the quarterly dividend rate on its Class AAA Preference Shares, Series S (“Series S Shares”) (TSX: BPO.PR.S).Series AA SharesIf declared, the fixed quarterly dividends on the Series AA Shares for the five years commencing January 1, 2020 and ending December 31, 2024 will be paid at an annual rate of 4.709% ($0.294313 per share per quarter).Holders of Series AA Shares have the right, at their option, exercisable not later than 5:00 p.m. (Toronto time)...

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Bright Mountain Media, Inc. Closes Merger With News Distribution Network

Boca Raton, FL, Dec. 02, 2019 (GLOBE NEWSWIRE) — Bright Mountain Media, Inc. (OTCQB: BMTM), a digital media holding company whose primary focus is connecting brands and advertisers with consumers as a full advertising services company, announced today that it has closed the previously announced merger with News Distribution Network, Inc. (NDN).Based in Atlanta, Georgia, NDN provides data-driven technology solutions for the syndication and monetization of contextually relevant, personalized premium video content. NDN seeks to solve the industry’s supply challenge for premium video by creating new video streams and impression opportunities across the most desirable online publishing destinations in the United States. NDN has aggregated a digital audience which provides ad buyers with near certainty in reaching target demographics.Kip...

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Fairfax Announces Reset Dividend Rate on Its Series C Preferred Shares and Quarterly Dividend on Series C, D, E, F, G, H, I, J, K and M Preferred Shares and Quarterly Dividend Rate for Series D, F, H and J Shares

TORONTO, Dec. 02, 2019 (GLOBE NEWSWIRE) — Fairfax Financial Holdings Limited (“Fairfax”) (TSX: FFH and FFH.U) announces that it has determined the fixed dividend rate on its Cumulative 5-Year Rate Reset Preferred Shares, Series C (the “Series C Shares”) (TSX: FFH.PR.C) for the five years commencing January 1, 2020 and ending December 31, 2024. The fixed quarterly dividends on the Series C Shares during that period, if and when declared, will be paid at an annual rate of 4.709% (C$0.294313 per share per quarter).Holders of Series C Shares have the right, at their option, exercisable not later than 5:00 p.m. (Toronto time) on December 16, 2019, to convert all or part of their Series C Shares, on a one-for-one basis, into Cumulative Floating Rate Preferred Shares, Series D (the “Series D Shares”) (TSX: FFH.PR.D), effective December...

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NCL Corporation Ltd. Announces the Pricing of $565,000,000 Senior Notes Offering

MIAMI, Dec. 02, 2019 (GLOBE NEWSWIRE) — NCL Corporation Ltd. (“NCLC”), a subsidiary of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) (“NCLH”), announced today that it entered into an agreement to sell $565.0 million aggregate principal amount of 3.625% Senior Notes due 2024 (the “Notes”) in a private offering (the “Offering”) that is exempt from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”). The Notes are to be issued at par.NCLC intends to use the net proceeds from the Offering, after deducting the initial purchasers’ discount and estimated fees and expenses, together with cash on hand, to redeem all $565,000,000 aggregate principal amount of its outstanding 4.750% senior notes due 2021 (the “4.750% Senior Notes”) (including accrued and unpaid interest) in accordance with the indenture...

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