Day: February 11, 2020
VANCOUVER, British Columbia, Feb. 11, 2020 (GLOBE NEWSWIRE) — Gem International Resources Inc. (“Gem” or the “Company”) (NEX:GI.H) announces that it intends to change its name (the “Name Change”) to “Norseman Capital Ltd.”Completion of the Name Change is subject to the receipt of all required regulatory approvals, including the approval of the TSX Venture Exchange. Pursuant to the provisions of the Business Corporations Act (British Columbia) and the articles of the Company, shareholder approval for the Name Change is not required, and consequently, the Company is not seeking shareholder approval for the Name Change.For further information, please contact:John W. BarrInterim Chief Executive OfficerT: + 61 0 418 912 885Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of...
Mid-Southern Bancorp, Inc. Reports Results of Operations for the Fourth Quarter and Year Ended December 31, 2019
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SALEM, Ind., Feb. 11, 2020 (GLOBE NEWSWIRE) — Mid-Southern Bancorp, Inc. (the “Company”) (NASDAQ: MSVB), the holding company for Mid-Southern Savings Bank, FSB (the “Bank”), reported net income for the fourth quarter ended December 31, 2019 of $196,000 or $0.06 per diluted share compared to $520,000 or $0.15 per diluted share for the same period in 2018. For the year ended December 31, 2019, the Company reported net income of $960,000 or $0.29 per diluted share compared to $1.4 million or $0.41 per diluted share for the same period in 2018.On July 11, 2018, the Company completed the “second-step” conversion of Mid-Southern, M.H.C. and the Company’s related stock offering with the issuance of 2,559,871 shares of common stock at a price of $10.00 per share for net proceeds of approximately $24.6 million. The shares began trading on...
Orchid Island Capital, Inc. Launches Public Offering of Preferred Stock
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VERO BEACH, Fla., Feb. 11, 2020 (GLOBE NEWSWIRE) — Orchid Island Capital, Inc. (NYSE:ORC) (the “Company”) announced today that it has launched an underwritten public offering of its new Series A Cumulative Redeemable Preferred Stock (the “Series A Preferred Stock”), with a liquidation preference equivalent to $25.00 per share, subject to market conditions. The terms of the Series A Preferred Stock are to be determined by negotiations between the Company and the underwriters. The Company intends to list the Series A Preferred Stock on the New York Stock Exchange under the symbol “ORC PR A.” The Company expects to grant the underwriters a 30-day option to purchase up to an additional 15% of the shares of the Series A Preferred Stock solely to cover over-allotments, if any. Ladenburg Thalmann, a subsidiary of Ladenburg Thalmann Financial...
Gear4 Announces Case Lineup for Samsung Galaxy S20 Devices, Including First 5G Compatible Case
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SALT LAKE CITY, Feb. 11, 2020 (GLOBE NEWSWIRE) — Gear4®, a ZAGG Brands (NASDAQ:ZAGG) company and the U.K.’s No. 1 smartphone case brand1, today announced seven case solutions for the all-new Samsung Galaxy®S20, S20+ and S20 Ultra devices, including the all-new 5G optimized Hackney case with integrated D3O 5G Signal Plus Technology. The lineup additionally features new anti-microbial technology to promote digital wellness, and a stronger commitment to corporate sustainability by featuring fully recyclable product packaging and some reused and recycled material in our case designs.“The Gear4 case lineup for the Galaxy S20 devices represents two exciting firsts for the company as part of our continued efforts to deliver the best mobile accessories for consumers,” said Brad Bell, senior vice president of global marketing for ZAGG Brands....
InvisibleShield Launches Screen Protection Solutions for the New Samsung Galaxy S20, S20+ and S20 Ultra
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SALT LAKE CITY, Feb. 11, 2020 (GLOBE NEWSWIRE) — InvisibleShield®, a ZAGG Brands (NASDAQ:ZAGG) company and the leading global innovator in screen protection, today announced Ultra VisionGuard®+ and Ultra Clear+ for the all-new Samsung Galaxy® S20, S20+ and S20 Ultra smartphones. Featuring advanced clarity and premium glass-like feel, Ultra VisionGuard+ combines anti-microbial technology that kills 99.99% of surface bacteria and germs, and Eyesafe® technology to safeguard against overexposure to high-energy visible (HEV) blue light. Ultra Clear+ has the same anti-microbial treatment, while delivering unbeatable strength to protect Samsung’s latest smartphones.“InvisibleShield’s screen protectors with anti-microbial technology are a testament to our continued efforts to promote overall digital wellness,” said Brad Bell, senior vice...
Artisan Partners Asset Management Inc. Reports January 2020 Assets Under Management
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MILWAUKEE, Feb. 11, 2020 (GLOBE NEWSWIRE) — Artisan Partners Asset Management Inc. (NYSE: APAM) today reported that its assets under management (“AUM”) as of January 31, 2020 totaled $120.2 billion. Separate accounts1 accounted for $63.2 billion of total firm AUM, while Artisan Funds and Artisan Global Funds accounted for $57.0 billion. In the month of January, AUM decreased $811 million primarily due to negative investment returns and slight net outflows.1 Separate account AUM consists of the assets we manage in or through vehicles other than Artisan Funds or Artisan Global Funds. Separate account AUM includes assets we manage in traditional separate accounts, as well as assets we manage in Artisan-branded collective investment trusts, in funds (both public and private) that we sub-advise, and in our own privately offered...
Saia Recognizes Employees for Volunteer Work
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JOHNS CREEK, Ga., Feb. 11, 2020 (GLOBE NEWSWIRE) — Saia, Inc. (NASDAQ: SAIA) is pleased to announce that Saia LTL Freight’s Madison, Wisconsin terminal had the highest percentage of employees, 85%, volunteer during the company’s National Day of Service. To recognize their enthusiasm and volunteer spirit, team members were recently awarded with a commemorative sweatshirt.Held last December 14, Saia’s National Day of Service coincided with National Wreaths Across America Day, where employees across the carrier’s network participated in wreath-laying ceremonies at cemeteries around the nation. In addition to laying wreaths, Saia also provided transportation services and select drivers were able to assist in hauling wreaths.By placing wreaths on the graves of U.S. military veterans at more than 1,600 national cemeteries, including Arlington...
Heartland Financial USA, Inc. Announces Plan to Acquire AIM Bancshares, Inc. in Texas
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DUBUQUE, Iowa and LEVELLAND, Texas, Feb. 11, 2020 (GLOBE NEWSWIRE) — Dubuque, IA-based Heartland Financial USA, Inc. (“Heartland”) (NASDAQ: HTLF) and Levelland, TX-based AIM Bancshares, Inc. (“ABI”), are pleased to announce they have entered into a definitive merger agreement pursuant to which Heartland will acquire ABI and its wholly owned subsidiary, AimBank. The acquisition marks Heartland’s 17th acquisition since 2012.Based on Heartland’s closing common stock price of $49.88 per share on February 10, 2020, the stock and cash transaction is valued at approximately $280.4 million, or $11,010.16 per share of ABI common stock (including the consideration to be paid in exchange for the termination of ABI stock options), subject to certain adjustments. The actual transaction value will change due to fluctuations in the price of...
HC2 Holdings Announces Appointment of Julie Springer, TransUnion Chief Marketing and Communications Officer, to its Board of Directors
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NEW YORK, Feb. 11, 2020 (GLOBE NEWSWIRE) — HC2 Holdings, Inc. (“HC2” or the “Company”) (NYSE: HCHC), a diversified holding company, is pleased to announce the appointment of Julie Springer to its Board of Directors, effective immediately. Ms. Springer is a highly talented executive with more than 20 years of experience in both business-to-business and consumer marketing, having served in prior leadership roles at Experian, Analyte Media, Leapfrog Online and the Allant Group. Ms. Springer’s appointment expands the size of HC2’s Board of Directors from five directors to six.Ms. Springer currently serves as Chief Marketing and Communications Officer for TransUnion and serves on the Board of Directors of the Jump$tart Coalition for Personal Financial Literacy. She also serves as an advisor to several national start-up organizations.“We...
Sandy Spring Bancorp, Inc. and Revere Bank Receive Shareholder Approval for Merger
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OLNEY, Md., Feb. 11, 2020 (GLOBE NEWSWIRE) — Sandy Spring Bancorp, Inc. (NASDAQ: SASR, “Sandy Spring”) and Revere Bank (OTCQX: REVB, “Revere”) jointly announced that the companies have received the requisite stockholder approvals for Sandy Spring to complete the acquisition of Revere. As previously announced, Sandy Spring has also received regulatory approval for the merger from the Board of Governors of the Federal Reserve System and the Maryland Office of the Commissioner of Financial Regulation. The transaction, announced on September 24, 2019, is scheduled to close on April 1, 2020, subject to the satisfaction of certain customary closing conditions. Upon completion, Sandy Spring will have combined assets of approximately $11.4 billion making it the largest, locally headquartered community bank in the Greater Washington, D.C....