Year: 2019

TORONTO, Nov. 15, 2019 (GLOBE NEWSWIRE) — Magnolia Colombia Ltd. (“Magnolia” or the “Corporation” (TSXV:  MCO) is pleased to announce that it has entered into a binding letter of intent dated November 7, 2019 (the “Letter of Intent”) with Lendified Holdings Inc. (“Lendified”) to effect a business combination of the two companies (the “Proposed Transaction”). The Proposed Transaction will be an arm’s length transaction and constitute a reverse takeover of the Corporation by Lendified and its shareholders.Lendified is a private lending company located in Ontario, Canada, existing under the federal laws of Canada, and was incorporated on February 25, 2015. Lendified is a leading Canadian FinTech company operating both a lending platform providing working capital loans to small businesses across Canada through its subsidiary Lendified...

OKLAHOMA CITY, Nov. 15, 2019 (GLOBE NEWSWIRE) — Chaparral Energy, Inc. (NYSE: CHAP) (the “Company”) announced today that on November 11, 2019, the Company was notified by the New York Stock Exchange (“NYSE”) that the average closing price of the Company’s shares of common stock had fallen below $1.00 per share over a period of 30 consecutive trading days, which is the minimum average share price for continued listing on the NYSE. Under the NYSE’s rules, the Company has six months following receipt of the notification to regain compliance with the minimum share price requirement.Under NYSE rules, the Company can regain compliance at any time during the six-month cure period if on the last trading day of any calendar month during the cure period, its common stock has a closing share price of at least $1.00 and an average closing share...

International rating agency S&P Global Ratings has affirmed Iceland’s sovereign ratings at A/A-1 with a stable outlook. The rating agency assumes a mild contraction in GDP in 2019 due to declining tourist arrivals, but growth is set to resume in 2020. Iceland’s external and fiscal buffers remain sound.The ratings reflect Iceland ‘s very high GDP per capita, its stable institutional framework, and effective policymaking. The ratings also take into account Iceland’s sound fiscal position following the sizable reduction in government debt in recent years and the country’s structurally constrained monetary policy flexibility, which still is considered to have improved following the lifting of capital controls.The stable outlook balances Iceland’s strong fiscal and external buffers against risks stemming from the...

 Alþjóðlega matsfyrirtækið S&P Global Ratings hefur staðfest A/A-1 lánshæfiseinkunnir ríkissjóðs Íslands með stöðugum horfum. S&P reiknar með lítilsháttar samdrætti á yfirstandandi ári vegna samdráttar í komum ferðamanna til landsins, en að hagvöxtur taki við sér á ný frá og með 2020.  Viðnámsþróttur hagkerfisins bæði á sviði ríkisfjármála sem og í ytri stöðu þjóðarbúsins er traustur.Lánshæfiseinkunn ríkissjóðs endurspeglar háa landsframleiðslu á mann, stöðuga stofnanaumgjörð og skilvirka stefnumótun. Einkunnin tekur einnig mið af sterkri stöðu ríkisfjármála eftir verulega niðurgreiðslu skulda á undanförnum árum og takmörkuðum sveigjanleika peningastefnunnar, sem þó er tekið fram að hafi aukist eftir losun fjármagnshafta.Stöðugar horfur endurspegla þá skoðun matsfyrirtækisins að svigrúm í ríkisfjármálum og erlendri stöðu þjóðarbúsins...

ASHEVILLE, N.C., Nov. 15, 2019 (GLOBE NEWSWIRE) — HomeTrust Bancshares, Inc. (NASDAQ: HTBI) (“Company”), the holding company of HomeTrust Bank (“Bank”), announced today that its Board of Directors declared a quarterly cash dividend of $0.07 per common share, reflecting a $0.01, or 17% increase over the previous quarter’s dividend.  The dividend is payable on December 5, 2019 to shareholders of record as of the close of business on November 26, 2019.“As a result of our continued higher net income and strong capital position, we are pleased to increase our quarterly cash dividend by 17% just one year after initiating of our first cash dividend in November 2018,” said Dana Stonestreet, Chairman, President and Chief Executive Officer.  “This increase, combined with the recent authorization of our eighth stock repurchase program, continues...

HOUSTON, Nov. 15, 2019 (GLOBE NEWSWIRE) — Synthesis Energy Systems, Inc. (SES) (Nasdaq: SES) today announced that on November 13, 2019, the Company received notification from the Listing Qualifications staff (the Staff) of The Nasdaq Stock Market LLC indicating that the Company did not meet the terms of the previously granted extension, relating to noncompliance with the minimum stockholders’ equity requirement for continued listing on The Nasdaq Capital Market. The extension was based on the Company’s plan to complete a merger transaction with Australian Future Energy Pty Ltd (AFE). While the merger is continuing to proceed, the Staff lacked the discretion under the Nasdaq Listing Rules to grant a further extension.As a result, the Staff has determined that the Company’s securities would be subject to delisting unless the Company...

PHILADELPHIA, Nov. 15, 2019 (GLOBE NEWSWIRE) — Prudential Bancorp, Inc. (the “Company”) (Nasdaq:PBIP), the holding company for Prudential Bank (the “Bank”), reported net income of $2.6 million, or $0.30 per basic share and $0.29 per diluted share, for the quarter ended September 30, 2019 as compared to $2.4 million, or $0.27 per basic and $0.26 per diluted share, for the same quarter in fiscal 2018.  For the fiscal year ended September 30, 2019, the Company reported net income of $9.5 million, or $1.09 per basic share and $1.07 per diluted share as compared to $7.1 million, or $0.80 per basic share and $0.78 per diluted share, for fiscal 2018. Dennis Pollack, President and CEO, commented, “We are pleased to report record annual earnings for the second consecutive fiscal year. We achieved strong earnings and continued the growth...

REDWOOD CITY, Calif., Nov. 15, 2019 (GLOBE NEWSWIRE) — BroadVision, Inc. (Nasdaq: BVSN), a leading provider of e-business and engagement management solutions, today reported financial results for its third quarter ended September 30, 2019. This was the third quarter for which BroadVision’s results of operations reported under U.S. Generally Accepted Accounting Principles (“GAAP”) included the results of operations of its subsidiary, Vmoso, Inc. (“VMSO”), which was consolidated with BroadVision for GAAP purposes through September 29, 2019. BroadVision completed the financing of and transfer of its Vmoso and Clearvale platforms to VMSO in the first quarter of 2019 (collectively, the “VMSO transactions”). On September 30, 2019, BroadVision took actions that resulted in the deconsolidation of VMSO from its consolidated financial statements....

PARSIPPANY, N.J., Nov. 15, 2019 (GLOBE NEWSWIRE) — Avis Budget Group has been honored as the winner of The Creating a Company Culture for Women to Advance and Succeed Award at the inaugural WINiT Awards presented by the Global Business Travel Association (GBTA). Avis Budget Group’s own Senior Vice President of Sales, Beth Kinerk, was also recognized by the organization as one of the Top 40 Women in Travel. WINiT for Women is a career development network for women in the travel, meetings, events and exhibition industries.The WINiT Awards recognize the women, men and companies who are committed to supporting the professional development and advancement of women and have established initiatives such as mentor programs, professional development plans or goals for women in leadership.At the awards gala on November 7, 2019 in New York...

WALTHAM, Mass., Nov. 15, 2019 (GLOBE NEWSWIRE) — Radius Health, Inc. (Nasdaq: RDUS), today announced that Jesper Hoeiland, President and CEO of the Company, will present a corporate update at the Jefferies 2019 Global Healthcare Conference in London, United Kingdom on Wednesday, November 20, 2019 at 6:00 p.m. GMT.Information on the presentation is as follows:A live webcast of the presentation will be available by visiting the Investors section of the Company’s website at https://ir.radiuspharm.com/events-and-presentations. A replay of the webcast will be archived on the Company’s website for 90 days following the presentation.About RadiusRadius is a science-driven fully integrated biopharmaceutical company that is committed to developing and commercializing innovative endocrine therapeutics. For more information, please visit www.radiuspharm.com.Investor...