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Day: January 15, 2020

CPS Announces $260.0 Million Senior Subordinate Asset-Backed Securitization

LAS VEGAS, Nevada, Jan. 15, 2020 (GLOBE NEWSWIRE) — Consumer Portfolio Services, Inc. (Nasdaq: CPSS) (“CPS” or the “Company”) today announced the closing of its first term securitization in 2020.  The transaction is CPS’s 35th senior subordinate securitization since the beginning of 2011 and the 18th consecutive securitization to receive a triple “A” rating from at least two rating agencies on the senior class of notes.  In the transaction, qualified institutional buyers purchased $260.0 million of asset-backed notes secured by $260 million in automobile receivables originated by CPS.  The sold notes, issued by CPS Auto Receivables Trust 2020-A, consist of six classes.  Ratings of the notes were provided by Moody’s and DBRS, and were based on the structure...

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Reebonz Announces Strategic Partnership With TWIST

SINGAPORE, Jan. 15, 2020 (GLOBE NEWSWIRE) — Reebonz Holding Limited (Nasdaq: RBZ), a leading online luxury marketplace and platform in Southeast Asia and Asia Pacific, announced today that it has officially partnered with TWIST, one of Hong Kong’s multi-brand luxury fashion boutiques. As a part of the agreement, Reebonz is expected to make TWIST’s products available to over 6 million members on Reebonz’s platform, further supporting both companies’ missions to bring luxury fashion to discerning consumers around the world.Since its establishment in 1999, TWIST has introduced a range of over one hundred high-end fashion labels from Europe and elsewhere in the world. The company aims to curate a collection of new season fashion products from bags, small leather goods, accessories, watches, shoes and apparels....

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Generex Biotechnology Announces Investor Conference Call Scheduled for Tuesday January 21, 2020 at 9:30 AM

MIRAMAR, Fla., Jan. 15, 2020 (GLOBE NEWSWIRE) — Generex Biotechnology Corporation (www.generex.com) (OTCQB:GNBT) today announced that it will hold an investor conference call on Tuesday January 21, 2020 at 9:30 am.Topics that will be covered in the call;The illegal selling of 8.4 million shares by the Veneto partners and update on all legal remedies the company is seeking due to the major downside pressure on the stock that eroded share price.The 4 million shares illegally sold by Creek Mountain and the Generex remediesThe dividend and FINRA approval processThe NuGenerex Immuno-Oncology (NGIO) spinout updateFunding updateALTuCELL closing updateJoseph Moscato, Generex President & Chief Executive Officer, stated: “I look forward to this conference call and invite all of our valuable shareholders to attend. This call will...

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REC Silicon – Manufacturers of U.S.-Made Polysilicon Praise Purchase Commitments in Phase 1 of U.S.-China Trade Deal

WASHINGTON _ The United States’ three remaining manufacturers of polysilicon today thanked President Trump and praised U.S. negotiators for securing the Chinese commitment to purchase U.S. polysilicon in the Phase 1 U.S.-China trade deal, while noting any benefit for U.S. manufacturers and workers will depend on how China implements the agreement.Polysilicon is the fundamental building block for the semiconductor and solar industries, used to make ingots and wafers for solar cells and the integrated circuits that power everything from smartphones to autonomous vehicles and electronics. The U.S. polysilicon industry represents over $10 billion in capital investment and employs thousands in high-skilled, high-wage jobs. The inclusion of polysilicon in the Phase 1 trade deal reflects recognition by U.S. government officials of the...

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CORRECTION — Citadel Income Fund Announces Monthly Distributions for 2020

TORONTO, Jan. 15, 2020 (GLOBE NEWSWIRE) — In a release issued earlier today under the same headline by Citadel Income Fund (TSX – CTF.UN), please note the record date for February and the payment date for December have been revised from February 28, 2020 and December 16, 2020 to February 29, 2020 and December 15, 2020. The corrected release follows:Citadel Income Fund (TSX – CTF.UN) (the “Fund”) announces the following distributions per unit will be declared payable on each distribution payment date to unitholders of record on the distribution record date indicated below:For further information, please contact Artemis Investment Management Limited, the manager of the Fund, at (416) 934-7455 or visit our website at www.artemisfunds.ca.

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CORRECTION – Energy Income Fund Announces Monthly Distributions for 2020

TORONTO, Jan. 15, 2020 (GLOBE NEWSWIRE) — In a release issued under the same headline today, please note that under Record Date column, it should have read February 29, 2020 and under Payment Date column, it should have read December 15, 2020. The corrected release follows:Energy Income Fund (TSX – ENI.UN) (the “Fund”) announces the following distributions per unit will be declared payable on each distribution payment date to unitholders of record on the distribution record date indicated below:For further information, please contact Artemis Investment Management Limited, the manager of the Fund, at (416) 934-7455 or visit our website at www.artemisfunds.ca.

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Nuance to Release First Quarter Fiscal 2020 Results on Feb. 5, 2020

BURLINGTON, Mass., Jan. 15, 2020 (GLOBE NEWSWIRE) — Nuance Communications, Inc. (NASDAQ: NUAN) today announced that it will release its first quarter fiscal 2020 results on Wednesday, February 5, 2020 after the market close.In addition to a press release, Nuance will provide a copy of prepared remarks. The prepared remarks are offered to provide shareholders and analysts additional detail and will not be read on the call. The materials will be available at http://investors.nuance.com/. The conference call will begin at 5:00 p.m. ET. The call can be accessed via webcast here, or by dialing (877) 273-6124 (US and Canada) or (647) 689-5393 (international) and referencing code 4753319.About Nuance Communications, Inc.Nuance Communications (NASDAQ: NUAN) is the pioneer and leader in conversational AI innovations that bring intelligence...

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Oak Valley Community Bank Announces Promotion and Retirement

OAKDALE, Calif., Jan. 15, 2020 (GLOBE NEWSWIRE) — Oak Valley Community Bank, a wholly owned subsidiary of Oak Valley Bancorp (NASDAQ: OVLY), announced the promotion of Renee Lovitt, VP Investment Representative, CFP®. Lovitt will take over as Team Leader for Oak Valley Investments** in February when Alan Wilbur, who has led the OVI group since 2007, retires.Lovitt has been with Oak Valley Investments since 2014 and has over 15 years of financial planning and asset management experience. In that time, she earned the distinct Certified Financial Planner (CFP) certification. “Renee has been an integral part of the OVI group, helping many clients manage their investment portfolios. She continues to provide our clients with a multitude of investment options with a high-level of attention to meeting their financial goals within...

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American National Bankshares Inc. Announces the Hiring of Cynthia Vogler as New Market President

DANVILLE, Va., Jan. 15, 2020 (GLOBE NEWSWIRE) — American National Bankshares Inc. (NASDAQ: AMNB), parent company (the Company) of American National Bank and Trust Company (the Bank) announced today the hiring of Cynthia Vogler (Cindy) as a Senior Vice President of the Bank and Triangle Market President, to include Raleigh, Cary, Durham and Chapel Hill.President and Chief Executive Officer Jeffrey V. Haley remarked, “As we start this year, we are very pleased to be expanding into a vibrant market by bringing Cindy Vogler along with a strong banking team to American National. Cindy’s knowledge and more than 35 years of banking experience will certainly help us grow in this key market.” Prior to coming to American National, she was Area Manager, Client Advisory for Pinnacle Bank. A resident of Cary, North Carolina...

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