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Day: February 6, 2020

Tyson Foods, Inc. Announces Quarterly Dividend

SPRINGDALE, Ark., Feb. 06, 2020 (GLOBE NEWSWIRE) — The Board of Directors of Tyson Foods, Inc. (NYSE: TSN), at a meeting on February 5, 2020, declared a quarterly dividend of $0.42 per share on Class A common stock and $0.378 per share on Class B common stock, payable on June 15, 2020, to shareholders of record at the close of business on June 1, 2020.About Tyson Foods

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Ocwen Financial Announces Preliminary Fourth Quarter 2019 Financial and Operating Results

Continued strong execution against key business initiatives resulted in estimated fourth quarter 2019 pre-tax income of $37 million, net income of $35 million, pre-tax earnings excluding income statement notables of approximately $12 million, and total shareholders’ equity of $412 million as of December 31, 2019Company believes it remains on track to achieve pre-tax profitability, excluding income statement notables and amortization of NRZ lump-sum payments, by the third quarter 2020, assuming the Company achieves its objectives and there are no adverse changes to current market, business or industry conditions, or legal and regulatory mattersExpect an estimated $47 million favorable adjustment to stockholders’ equity associated with the adoption of the new credit loss accounting standard referred to as CECL in the first quarter...

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Lamar Advertising Company Announces Completion of Refinancing Transactions & 2020 Distribution Plan

BATON ROUGE, La., Feb. 06, 2020 (GLOBE NEWSWIRE) — Lamar Advertising Company (“Lamar”) (Nasdaq: LAMR), a leading owner and operator of outdoor advertising and logo sign displays, today announced that it has completed $2.35 billion in refinancing transactions through its wholly owned subsidiary, Lamar Media Corp. (“Lamar Media”), strengthening its balance sheet.Taken together, the transactions will lower Lamar Media’s cost of debt, extend its debt maturities, improve its liquidity and free cash flow and lower its exposure to floating interest rates.“These transactions are a testament to the faith that the capital markets have in the outlook for Lamar and the out-of-home sector, and they provide valuable flexibility that positions us well for continued growth,” said Lamar executive vice president...

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Rockwell Medical, Inc. to Present at 2020 BIO CEO & Investor Conference

WIXOM, Mich., Feb. 06, 2020 (GLOBE NEWSWIRE) — Rockwell Medical, Inc. (NASDAQ: RMTI) (“Rockwell Medical” or the “Company”) today announced that Stuart Paul, Chief Executive Officer, will present at the 2020 BIO CEO & Investor Conference as follows:The presentation will be webcast live at the aforementioned time, and archived for 30 days thereafter, via the Company’s website at www.rockwellmed.com, under the Investors section.To schedule a one-on-one meeting with management, please contact Lisa Wilson at lwilson@insitecony.com.About Rockwell MedicalRockwell Medical is a biopharmaceutical company dedicated to transforming anemia management in a wide variety of therapeutic areas and across the globe, improving the lives of very sick patients. The Company’s initial focus is the treatment of anemia...

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Gladstone Land Corporation Announces Fourth Quarter and Year End Earnings Release and Conference Call Dates

MCLEAN, Va., Feb. 06, 2020 (GLOBE NEWSWIRE) — Gladstone Land Corporation (Nasdaq: LAND) (the “Company”) announced today that it plans to report earnings for the fourth quarter and year ended December 31, 2019, after the stock market closes on Wednesday, February 19, 2020.  The Company will hold a conference call Thursday, February 20, 2020, at 8:30 a.m. EST to discuss its earnings results.  Please call (855) 363-1762 to join the conference call.  An operator will monitor the call and set a queue for questions.A conference call replay will be available after the call and will be accessible through February 27, 2020.  To hear the replay, please dial (855) 859-2056, and use playback conference number 3596941. The live audio broadcast of the Company’s conference call will be available online...

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iBio, Inc. Announces Postponement of Annual Meeting

NEW YORK, Feb. 06, 2020 (GLOBE NEWSWIRE) — IBIO, INC. (NYSE AMERICAN: IBIO) (“IBIO” OR THE “COMPANY”), today announced that the 2019 annual meeting of stockholders (the “Annual Meeting”) originally scheduled to be held on Monday, February 10, 2020, has been postponed and will now be held on March 5, 2020, at 9:30 a.m. ET.iBio decided to postpone the Annual Meeting after becoming aware that the Definitive Proxy Statement filed with the Securities and Exchange Commission on January 23, 2020 (the “Proxy Statement”) was not timely delivered to beneficial holders of the Company’s common stock before the originally scheduled meeting date. The Annual Meeting has been postponed to March 5, 2020 to ensure that all stockholders receive materials required by the proxy rules under the Securities...

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Globus Medical Schedules Fourth Quarter and Full Year 2019 Earnings Release and Conference Call

AUDUBON, Pa, Feb. 06, 2020 (GLOBE NEWSWIRE) — Globus Medical, Inc. (NYSE:GMED), a leading musculoskeletal solutions company, will announce its financial results for the fourth quarter and full year ended December 31, 2019 after the market close on Thursday, February 20, 2020. A copy of the release will be available on the Globus Medical website at www.globusmedical.com/investors.Following the announcement, Globus Medical will hold a teleconference to discuss its performance with the investment community at 4:30 p.m. Eastern Time. Globus invites all interested parties to join the call by dialing:1-855-533-7141 United States Participants1-720-545-0060 International ParticipantsThere is no passcode for the teleconference.For interested parties who do not wish to ask questions, the teleconference will be webcast and may be accessed...

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AssetMark Moves to Lower-Cost Share Class to Reduce Overall Costs to Financial Advisors and Investors

CONCORD, Calif., Feb. 06, 2020 (GLOBE NEWSWIRE) — AssetMark Financial Holdings, Inc. (NYSE: AMK) announced that it is transitioning the third-party mutual fund strategies on the AssetMark platform to institutional share classes to help financial advisors reduce the total cost of investment for their clients. This initiative aligns with industry changes designed to reduce the cost of investing.    AssetMark currently offers several third-party mutual fund investment strategies that use a retail share class, and beginning in May, advisors will have access to the same strategies using the institutional share class, which have lower operating expense ratios. To simplify the shift for advisors and investors, AssetMark will automatically transition existing client accounts to the institutional version of the strategy through...

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Marché Goodfood annonce un placement de débentures convertibles d’un capital de 30 millions de dollars en vue de financer la construction d’un nouveau centre phare de traitement des commandes d’épicerie en ligne à Toronto

LE PRÉSENT COMMUNIQUÉ NE DOIT PAS ÊTRE DISTRIBUÉ AUX ÉTATS‑UNIS NI AUX AGENCES DE TRANSMISSION DES ÉTATS‑UNISMONTRÉAL, 06 févr. 2020 (GLOBE NEWSWIRE) — Goodfood Market Corp. (« Marché Goodfood » ou la « Société ») (TSX : FOOD) a le plaisir d’annoncer qu’elle a conclu un placement par voie d’acquisition ferme (le « placement de débentures convertibles ») de débentures convertibles non garanties subordonnées (les « débentures ») d’un capital de 30,0 millions de dollars avec un syndicat de preneurs fermes (les « preneurs fermes ») codirigé par Financière...

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Alico, Inc. Announces Financial Results for the Fiscal Quarter Ended December 31, 2019

FORT MYERS, Fla., Feb. 06, 2020 (GLOBE NEWSWIRE) — Alico, Inc. (“Alico” or the “Company”) (Nasdaq: ALCO) today announces financial results for the fiscal quarter ended December 31, 2019, the highlights which are as follows:Production of fruit on track to match prior season’s harvest.Current pricing environment is challenging.Additional proceeds of $4.5 million received under the Florida Citrus Recovery Block Grant Program.Balance Sheet remains strong with a working capital ratio of 2.33 to 1.00.Results of OperationsFor the fiscal quarter ended December 31, 2019, the Company recorded net income attributable to Alico common stockholders of $0.8 million and earnings of $0.11 per diluted common share, compared to net loss attributable to Alico common stockholders of $2.5 million and a loss of...

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