Month: January 2020
CINCINNATI, Jan. 15, 2020 (GLOBE NEWSWIRE) — Meridian Bioscience, Inc. (NASDAQ: VIVO), a provider of diagnostic testing solutions and life science raw materials, will report first quarter 2020 financial results Friday, February 7, 2020.Jack Kenny, Chief Executive Officer, and Bryan Baldasare, Executive Vice President and Chief Financial Officer, will host a conference call beginning at 10:00 a.m. Eastern Time to discuss the results and answer questions. To participate in the live call by telephone from the U.S., dial (866) 443-5802, or from outside the U.S., dial (513) 360-6924, and enter the audience pass code 2496742.A replay will be available for 14 days beginning at 1:00 p.m. Eastern Time on February 7, 2020 by dialing (855) 859-2056 or (404) 537-3406 and entering pass code 2496742. About Meridian Bioscience,...
Gladstone Commercial Corporation Executes $4 Million Lease at Minneapolis Office Property
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MCLEAN, Va., Jan. 15, 2020 (GLOBE NEWSWIRE) — Gladstone Commercial Corporation (Nasdaq: GOOD) (“Gladstone Commercial”) announced today that it has signed a lease with Benedictine Heath System (“BHS”) at 6499 University Avenue, Gladstone’s office property in Fridley, Minnesota, a suburb of Minneapolis. Construction of building improvements will begin immediately and include significant common area upgrades in addition to tenant improvements for the tenant. BHS is one of the largest Catholic senior care organizations in the United States. Benedictine owns and manages skilled nursing, assisted living and independent living communities across the upper Midwest and offers services in such areas as therapy, rehabilitation, memory care, home health care, adult day and transitional care. BHS signed a ten-year...
Hancock Whitney reports fourth quarter 2019 EPS of $1.03
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GULFPORT, Miss., Jan. 15, 2020 (GLOBE NEWSWIRE) — Hancock Whitney Corporation (Nasdaq: HWC) today announced its financial results for the fourth quarter of 2019. Net income for the fourth quarter of 2019 was $92.1 million, or $1.03 per diluted common share (EPS), compared to $67.8 million, or $.77 EPS, in the third quarter of 2019 and $96.2 million, or $1.10 EPS, in the fourth quarter of 2018. The fourth quarter of 2019 included $3.9 million ($.03 per share impact) of final merger costs associated with the September 21, 2019 acquisition of MidSouth Bancorp, Inc. The third quarter of 2019 included $28.8 million ($.26 per share impact) of merger costs associated with the MidSouth acquisition, and the fourth quarter of 2018 included $1.9 million ($.02 per share after-tax impact) of nonoperating items.Highlights of the company’s...
Boise Cascade announces CEO transition
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Boise, Idaho, Jan. 15, 2020 (GLOBE NEWSWIRE) — Boise Cascade Company (Boise Cascade) (NYSE: BCC) announced today that Nate Jorgensen will become its new chief executive officer (CEO), effective March 6, 2020. Mr. Jorgensen will replace Tom Corrick, who will be retiring from his roles as CEO and director after nearly 37 years with Boise Cascade. Mr. Jorgensen will also replace Mr. Corrick’s seat on the Board of Directors.Mr. Jorgensen has 33 years of experience in the forest products industry, joining the Boise Cascade engineered wood products (EWP) marketing team in 2015. He was promoted to senior vice president in 2017 to lead the EWP sales and marketing organization, and was named chief operating officer (COO) in January 2019, responsible for overseeing the Wood Products and Building Materials Distribution divisions. Mr....
Union Bankshares Reports Record Earnings for the year ended December 31, 2019 and Declares Increase in Quarterly Dividend
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MORRISVILLE, Vt., Jan. 15, 2020 (GLOBE NEWSWIRE) — Union Bankshares, Inc. (NASDAQ – UNB) today announced results for the three and twelve months ended December 31, 2019. Net income was $2.8 million and $10.6 million for the three and twelve months ended December 31, 2019, resulting in earnings per share of $0.61 and $2.38 for the same periods, respectively.The Board of Directors also declared a cash dividend of $0.32 per share for the quarter, and increase of 3.2% from the cash dividend of $0.31 paid in recent prior quarters, payable February 6, 2020 to shareholders of record as of January 27, 2020.The Company reported a consolidated net loss for the three months ended December 31, 2018 of $(436) thousand, or $(0.10) per share, and consolidated net income for the twelve months then ended of $7.1 million, or...
XPO Logistics Announces Exploration of Strategic Alternatives for One or More Business Units to Further Enhance Shareholder Value
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Greenwich, Conn., Jan. 15, 2020 (GLOBE NEWSWIRE) — XPO Logistics, Inc. (NYSE: XPO) today announced that its board of directors has authorized a review of strategic alternatives, including the possible sale or spin-off of one or more of XPO’s business units. Bradley Jacobs, chairman and chief executive officer of XPO Logistics, said, “XPO is the 7th best-performing stock of the last decade on the Fortune 500, based on Bloomberg market data. The share price has increased more than ten-fold since our investment in 2011. Still, we continue to trade at well below the sum of our parts and at a significant discount to our pure-play peers. That’s why we believe the best way to continue to maximize shareholder value is to explore our options, while remaining intensely committed to the satisfaction of our customers...
Perseus Mining Limited: Activity Report for 2019 Quarter
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PERTH, Western Australia, Jan. 15, 2020 (GLOBE NEWSWIRE) — Perseus Mining Limited (“Perseus” or the “Company”) (TSX & ASX: PRU) reports on its activities for the three month period ended December 31, 2019 (the “Quarter”). An executive summary is provided below. However, full details of activities in the December Quarter, including reconciled production and all-in site cash costs, are included in the Company’s December 2019 Quarterly Activity Report released to the market on January 16, 2020. The full report is available for download from www.perseusmining.com, www.asx.com.au and www.sedar.com.Strong operating performance achieves market guidanceStrong operating performance at Perseus’s Edikan and Sissingué gold mines continued during the quarter, resulting in:Gold production...
Home Federal Bancorp, Inc. of Louisiana Declares Quarterly Cash Dividend
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SHREVEPORT, La., Jan. 15, 2020 (GLOBE NEWSWIRE) — Home Federal Bancorp, Inc. of Louisiana (the “Company”) (NASDAQ: HFBL), the holding company for Home Federal Bank, announced today that its Board of Directors at their meeting on January 15, 2020, declared a quarterly cash dividend of $0.16 per share on the Company’s common stock. The dividend is payable on February 10, 2020, to the shareholders of record at the close of business on January 27, 2020.Home Federal Bancorp, Inc. of Louisiana is the holding company for Home Federal Bank which conducts business from its seven full-service banking offices and home office in northwest Louisiana. Additional information is available at www.hfbla.com.Statements contained in this news release which are not historical facts may be forward-looking statements as that term...
Eagle Bancorp, Inc. Announces Net Income of $35.5 Million for the Fourth Quarter and $142.9 Million for the Full Year of 2019
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BETHESDA, Md., Jan. 15, 2020 (GLOBE NEWSWIRE) — Eagle Bancorp, Inc. (the “Company”) (NASDAQ:EGBN), the parent company of EagleBank, today announced quarterly net income of $35.5 million for the three months ended December 31, 2019, a 12% decrease as compared to $40.3 million net income for the three months ended December 31, 2018.For the year ended December 31, 2019, the Company’s net income was $142.9 million, a 6% decrease as compared to $152.3 million for the year ended December 31, 2018.Net income for the three months ended December 31, 2019 was $1.06 per basic and diluted common share as compared to $1.17 per basic and diluted common share for the same period in 2018, a 9% decrease in earnings per share for the fourth quarter of 2019 versus 2018.For the full year 2019, net income was $4.18 per basic and...
Kinsale Capital Group Announces Fourth Quarter 2019 Earnings Release Date and Conference Call
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RICHMOND, Va., Jan. 15, 2020 (GLOBE NEWSWIRE) — Kinsale Capital Group, Inc. (NASDAQ: KNSL) announced today that it will release financial results for the fourth quarter of 2019 after the market closes on Thursday, February 20, 2020.The Company will host a conference call to discuss its results with analysts and investors on Friday, February 21, 2020, beginning at 9:00 a.m. (Eastern Time). The release will also be available on the Company’s website, www.kinsalecapitalgroup.com.To access the conference call, dial (844) 239-5282, conference ID# 3479527, or via the Internet by going to www.kinsalecapitalgroup.com and clicking on the “Investor Relations” link. Please visit the website at least 15 minutes before the call to register and download and install any necessary audio software. A replay of the call will...