Year: 2019

Prestige Consumer Healthcare Inc. Announces Pricing of $400 Million Senior Notes

Written by Customer Service on November 15, 2019. Posted in Public Companies.

TARRYTOWN, N.Y., Nov. 15, 2019 (GLOBE NEWSWIRE) — Prestige Consumer Healthcare Inc. (NYSE: PBH) (the “Company”) announced today that its wholly-owned subsidiary, Prestige Brands, Inc. (“Prestige Brands”), has priced an offering of $400.0 million in aggregate principal amount of 5.125% senior notes due 2028 (the “notes”) in a private offering. The sale of the notes is expected to be completed on or about December 2, 2019, subject to customary closing conditions. The notes will be senior unsecured obligations of Prestige Brands and will be guaranteed by the Company and certain of its domestic subsidiaries.The Company intends to use the net proceeds from the offering, together with cash on hand, to redeem all $400 million of Prestige Brands’ outstanding 5.375% Senior Notes due 2021, and to pay related fees and expenses.The notes and...

Atlantic Petroleum – Orlando Field Production Update

Written by Customer Service on November 15, 2019. Posted in Public Companies.

Tórshavn, Faroe Islands, 2019-11-15 (GLOBE NEWSWIRE) — P/F Atlantic Petroleum (NASDAQ Copenhagen: ATLA DKK & Oslo Stock Exchange: ATLA NOK) announces the Orlando field production results following the disclosure of production information from the Licence Operator under the terms of the associated Sale and Purchase Agreement (SPA) with Decipher Energy.Orlando UpdateThe Licence Operator, Decipher Production, announced on the 23rd August 2019 that as a result of issues with the upper completion, peak rates have been restricted to around 5,000 bopd. The Licence Operator’s view on Orlando estimated 2P recoverable reserves remained unchanged at circa 10 MMbbls.The Licence Operator stated in the 23rd August press release that they were reviewing whether a workover may be required to deliver the planned peak production rates from the...

Search Minerals Closes Debt Financing

Written by Customer Service on November 15, 2019. Posted in Public Companies.

VANCOUVER, British Columbia, Nov. 15, 2019 (GLOBE NEWSWIRE) — Search Minerals Inc. (“Search” or the “Company”) (TSXV: SMY), is pleased to announce that, further to the Company’s news release dated November 1, 2019, the Company closed its debt financing transaction, pursuant to which the Company was advanced an unsecured loan of $200,000 (the “Loan”) from an arm’s length party. The Loan has a one year maturity date from the date of issuance, repayable at any time without penalty and bears interest at a rate of 10% per annum, payable quarterly.Pursuant to the Loan, the Company issued 4,000,000 warrants (the “Bonus Warrants”) to the lender, with each Bonus Warrant entitling the holder to purchase one common share of the Company for one year at a price of $0.05 per common share. All securities issued pursuant to the Loan will...

Targa Resources Partners LP Announces Monthly Distribution on Preferred Units

Written by Customer Service on November 15, 2019. Posted in Public Companies.

HOUSTON, Nov. 15, 2019 (GLOBE NEWSWIRE) — Targa Resources Partners LP (“Targa Resources Partners” or the “Partnership”) (NYSE: NGLS PR A) announced its monthly distribution on the Partnership’s 9.00% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units (“Series A Preferred Units”) for November 2019.Targa Resources Partners LP announced today that the board of directors of its general partner has declared a monthly cash distribution of 18.75¢ per Series A Preferred Unit, or $2.25 per Series A Preferred Unit on an annualized basis, for November 2019. This cash distribution will be paid December 16, 2019 on all outstanding Series A Preferred Units to holders of record as of the close of business on November 29, 2019.About Targa Resources Partners LPTarga Resources Partners LP is a Delaware limited...

StoneMor Partners L.P. Announces Date of Special Meeting and StoneMor GP LLC Announces Effectiveness of Registration Statement on Form S-4

Written by Customer Service on November 15, 2019. Posted in Public Companies.

TREVOSE, Pa., Nov. 15, 2019 (GLOBE NEWSWIRE) — StoneMor Partners L.P. (NYSE: STON) (“StoneMor” or the “Partnership”) a leading owner and operator of cemeteries and funeral homes, today announced that StoneMor GP LLC’s (“GP”) Registration Statement on Form S-4, relating to the previously announced conversion of GP from a Delaware limited liability company into a Delaware corporation to be named StoneMor Inc. (the “Company” when referring to StoneMor Inc. subsequent to such conversion) (the “Conversion”) and the merger of a wholly owned subsidiary of GP with and into the Partnership and the Partnership becoming a wholly-owned subsidiary of the Company (the “Merger”), has become effective as of November 15, 2019, and that the Partnership has filed a definitive proxy statement/prospectus with the SEC for the special meeting of its...

RGC Resources, Inc. Reports Record Earnings

Written by Customer Service on November 15, 2019. Posted in Earnings Releases And Operating Results.

ROANOKE, Va., Nov. 15, 2019 (GLOBE NEWSWIRE) — RGC Resources, Inc. (NASDAQ: RGCO) announced record consolidated Company earnings of $8,698,412 or $1.08 per share for the fiscal year ended September 30, 2019. This compares to earnings of $7,297,205 or $0.95 per share for the year ended September 30, 2018. CEO John D’Orazio stated, “I am pleased to announce our fifth consecutive year of record earnings. The increase in 2019 earnings is attributable to improved utility margins associated with our infrastructure replacement programs, implementation of new non-gas rates, customer growth, and our ongoing investment in the Mountain Valley Pipeline (MVP).” D’Orazio further commented, “We continue to execute on the key strategies propelling our earnings growth: (1) growth in our regulated natural gas business through investments in infrastructure...

WHLR Issues Letter to Shareholders Regarding Joe Stillwell’s Associations and Business Practices

Written by Customer Service on November 15, 2019. Posted in Public Companies.

VIRGINIA BEACH, Va., Nov. 15, 2019 (GLOBE NEWSWIRE) — Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLR) (“Wheeler” or the “Company”), a fully-integrated, self-managed commercial real estate investment company focused on owning and operating income-producing retail properties with a primary focus on grocery-anchored centers, today has issued an open letter to its stockholders regarding the troubling associations and business practices of Joseph Stilwell. WHLR urges shareholders to vote for all of the Company’s highly qualified nominees on the WHITE proxy card.After his failed attempt last year, Joe Stilwell has launched another proxy fight to have himself and his two nominees elected to your Board. Prior to the 2018 proxy fight we offered a settlement to Mr. Stilwell that would give him two seats on the Board. However, because...

New Novartis medicine Adakveo® (crizanlizumab) approved by FDA to reduce frequency of pain crises in individuals living with sickle cell disease

Written by Customer Service on November 15, 2019. Posted in Public Companies.

Sickle cell pain crises are unpredictable, severe events associated with life-threatening complications1 Adakveo reduced the annual rate of sickle cell pain crises by 45% compared to placebo (1.63 vs 2.98) and the annual rate of days hospitalized (4 vs 6.87) in a 52-week study2 Approximately 100,000 people in the United States, most of whom are of African descent, have sickle cell disease3 Approval comes approximately two months ahead of FDA’s priority review action date, allowing Adakveo to be available to patients more quicklyBasel, November 15, 2019 – Novartis announced today that the US Food and Drug Administration (FDA) approved Adakveo® (crizanlizumab), previously known as SEG101, to reduce the frequency of vaso-occlusive crises (VOCs), or pain crises, in adult and pediatric patients aged 16 years and older with sickle cell disease.4...

Subsea 7 S.A. Treasury Shares

Written by Customer Service on November 15, 2019. Posted in Public Companies.

Luxembourg – 15 November 2019 – Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) (the Company) announced today that on 15 November 2019, the Company transferred 7,346 shares from treasury to satisfy employee share awards under the Company’s Long-term Incentive Plan.Following the above transfer, the number of common shares held in treasury was 1,212,860 representing 0.40% of the Company’s issued common shares. Total shares in issue, including treasury shares, were unchanged at 300,000,000.*********************************************************************************Subsea 7 is a global leader in the delivery of offshore projects and services for the evolving energy industry, creating sustainable value by being the industry’s partner and employer of choice in delivering the efficient offshore solutions the world needs.Subsea 7 is listed...

Mondelēz Global LLC Conducts Voluntary Recall of Limited Quantity of Cheese Nips (11 oz. Box) Product in the U.S. Due to Potential Presence of Foreign Material

Written by Customer Service on November 15, 2019. Posted in Public Companies.

EAST HANOVER, N.J., Nov. 15, 2019 (GLOBE NEWSWIRE) — Mondelēz Global LLC announced today a voluntary recall of a limited quantity of Cheese Nips (11 oz. Box) product in the United States due to the potential presence of small food-grade yellow plastic pieces from a dough scraper that was incorporated into the production process of a small amount of product. The company became aware of this issue when yellow plastic pieces were noticed on the manufacturing equipment. This recall is limited exclusively to the Cheese Nips product listed in the grid, available at retail stores nationwide. No other Mondelēz Global LLC products nor any other geographies are included in or affected by this recall.There have been no reports of injury or illness reported to Mondelēz Global to date related to this product.Consumers who have this product...

Year: 2019

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