Day: February 7, 2020
ENFIELD, Conn., Feb. 07, 2020 (GLOBE NEWSWIRE) — STR Holdings, Inc. (OTCMKTS: STRI), a global provider of encapsulants and packaging products, today announced that it has filed a Form 15 with the Securities and Exchange Commission (the “SEC”) today to voluntarily deregister its common stock and suspend its reporting obligations under the Securities Exchange Act of 1934, as amended (the “Exchange Act”). After the filing of the Form 15, the Company is no longer required to file Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. The obligation to file other reports, if any, under the Exchange Act will continue until the deregistration is effective 90 days from today.The Board of Directors of the Company authorized this action as part of a broader effort to reduce...
Notice of Flow Capital’s Year End 2019 Financial Results Conference Call
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TORONTO, Feb. 07, 2020 (GLOBE NEWSWIRE) — Flow Capital Corp. (TSXV: FW) (“Flow Capital” and “Company”) today announced it will release its year end 2019 financial results after the markets close on Thursday, February 13, 2020. Mr. Alex Baluta, Chief Executive Officer, and Mr. Donnacha Rahill, Chief Financial Officer, will host a conference call at 8:00 a.m. ET, Friday, February 14, 2020, to review the results. A question and answer session will follow the corporate update.A recording of the call will be archived on the Company’s website at www.flowcap.com/financials/.About Flow CapitalFlow Capital Corp. is a diversified alternative asset investor and advisor, specializing in providing minimally dilutive capital to emerging growth businesses. To apply for financing, visit www.flowcap.com.For further...
La Société de Gestion AGF Limitée (AGF) s’attend à recevoir, en tant qu’actionnaire de Smith & Williamson, un dividende provisoire
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TORONTO, 07 févr. 2020 (GLOBE NEWSWIRE) — La Société de Gestion AGF Limitée (TSX : AGF.B) s’attend à recevoir, en tant qu’actionnaire de Smith & Williamson, un dividende provisoire de 4,6 millions $CAN.Les membres du conseil d’administration de Smith & Williamson prévoient de considérer des propositions visant une autre distribution aux actionnaires, une fois que les positions concernant l’échéancier lié à la fusion de Smith & Williamson et de Tilney Group auront été déterminées plus clairement.AGF a publié, le 19 septembre 2019, un communiqué de presse énonçant les modalités de la fusion proposée, suivi d’une autre publication...
AGF Management Limited (AGF) Expects Receipt of Interim Dividend as Shareholder of Smith & Williamson
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TORONTO, Feb. 07, 2020 (GLOBE NEWSWIRE) — AGF Management Limited (TSX:AGF.B) expects receipt of an interim dividend of C$4.6 million as shareholder of Smith & Williamson.The board of Smith & Williamson expects to consider proposals to make a further distribution to shareholders when the position regarding the timing of the completion of the merger between Smith & Williamson and Tilney Group becomes clearer.The terms of the proposed merger were stated previously in a press release by AGF on September 19, 2019 and a further update was provided in a press release on January 20, 2020.All Canadian dollar figures assume an exchange rate of 1.72.About AGF Management LimitedFounded in 1957, AGF Management Limited (AGF) is an independent and globally diverse asset management firm. AGF brings a disciplined approach to delivering...
Teck Announces Sheila Murray Appointed Board Chair
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VANCOUVER, British Columbia, Feb. 07, 2020 (GLOBE NEWSWIRE) — The Board of Directors of Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) announced today that Sheila Murray has been appointed as Board Chair, effective immediately. Ms. Murray was appointed Acting Board Chair following the resignation of Dominic Barton on September 4, 2019. She has served on Teck’s Board since April 2018. She is the former President of CI Financial Corp., and had a distinguished career practicing corporate and securities law prior to joining CI, where she advised a variety of companies in the mining industry. “I am honoured for the opportunity to expand on my role with Teck’s board of directors with this appointment as Chair,” said Ms. Murray. “I look forward to building on Teck’s...
Ohio National closes first year of strategy with increases in total adjusted capital, equity and assets under management
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Company reshapes risk profile and enhances capitalCore products experience record salesCINCINNATI, Feb. 07, 2020 (GLOBE NEWSWIRE) — Ohio National Financial Services today announced a 3% increase in statutory total adjusted capital and 6% increase in GAAP equity (including mark to market) reaching $1.14 and $2.6 billion, respectively, while assets under management grew by 3%. The announcement follows the completion of the first year of a new strategic direction built on the company’s core and historic strengths in life insurance coupled with its disability income (DI) insurance line.During 2019, the company focused on reshaping its risk profile while enhancing its capital strength.“This was a pivotal year for Ohio National as we embarked on a new strategy and continued our track record of impressive execution. With prolonged...
Bridgeline to Report Financial Results for the First Quarter of Fiscal 2020
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BURLINGTON, MA, Feb. 07, 2020 (GLOBE NEWSWIRE) — Bridgeline Digital, Inc. (NASDAQ: BLIN), The Digital Engagement Company™, announced today that it will release its financial results for the first quarter 2020 on Thursday, February 13, 2020 at 4:30 pm ET. On that day, Ari Kahn, the Company’s President and Chief Executive Officer and Mark Downey, the Company’s Chief Financial Officer, plan to host a live conference call at 4:30 p.m. ET to discuss the financial results. A replay will be available for one week following the live call.About Bridgeline DigitalBridgeline Digital, The Digital Engagement Company™, helps customers maximize the performance of their full digital experience from websites and intranets to online stores and campaigns. Bridgeline’s Unbound platform is a Digital...
Technical Communications Corporation Reports Results for the Quarter Ended December 28, 2019
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CONCORD, Mass., Feb. 07, 2020 (GLOBE NEWSWIRE) — Technical Communications Corporation (NasdaqCM: TCCO) today announced its results for the first quarter of its 2020 fiscal year. For the quarter ended December 28, 2019, the Company reported a net loss of $(480,000), or $(0.26) per share, on revenue of $666,000, compared to a net loss of $(248,000), or $(0.13) per share, on revenue of $1,112,000 for the quarter ended December 29, 2018. Commenting on corporate performance, Carl H. Guild, Jr., President and Chief Executive Officer of TCC, said, “During the Company’s first fiscal quarter of 2020, we did not achieve our desired financial performance. Several international opportunities have made significant progress but have not yet closed due to delays in the procurement process. We expect the procurement process for these...
Gold Resource Corporation Announces 2020 Annual Meeting of Shareholders
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COLORADO SPRINGS, CO, Feb. 07, 2020 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE – Gold Resource Corporation (NYSE American: GORO) (the “Company”) announced today that it will hold its annual meeting of shareholders at 8:00 a.m. Mountain Time on Thursday, May 21, 2020 at Embassy Suites located at 10250 East Costilla Avenue, Centennial, CO 80112. Gold Resource Corporation is a gold and silver producer, developer and explorer with operations in Oaxaca, Mexico and Nevada, USA. The Company has returned $113 million back to its shareholders in consecutive monthly dividends since July 2010 and offers its shareholders the option to convert their cash dividends into physical gold and silver and take delivery. The Company has fixed the close of business on March 23, 2020 as the record date for determining shareholders...
Cornerstone Funds Announce Continuing Monthly Distributions
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NEW YORK, Feb. 07, 2020 (GLOBE NEWSWIRE) — Cornerstone Strategic Value Fund, Inc. (NYSE American: CLM) and Cornerstone Total Return Fund, Inc. (NYSE American: CRF), (individually the “Fund” or, collectively, the “Funds”), each a closed-end management investment company, announced that in keeping with each Fund’s previously adopted monthly distribution policy, each Fund is declaring the following distributions. Each Fund’s distribution policy provides for the resetting of the monthly distribution amount per share (“Distribution Amount”) annually, based on each Fund’s net asset value on the last business day of October and the annualized distribution percentage approved by the respective Board of Directors (individually the “Board”, or collectively, the “Boards”).Each...