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Day: February 12, 2020

Vishay Intertechnology 2 A and 3 A FRED Pt® Ultrafast Rectifiers in SlimSMAW Package Increase Reliability and Improve AOI

100 V and 200 V Devices are Footprint-Compatible With SOD-128 Package, Offer Larger Lead Widths Than SlimSMAMALVERN, Pa., Feb. 12, 2020 (GLOBE NEWSWIRE) — Vishay Intertechnology, Inc. (NYSE: VSH) today expanded its offering of FRED Pt® Ultrafast recovery rectifiers with eight new 100 V and 200 V devices in the eSMP® series SlimSMAW (DO-221AD) package with a low 0.9 mm profile. Footprint-compatible with the common SOD-128, the Vishay Semiconductors diodes feature larger lead widths than devices in the SlimSMA for increased reliability.The 2 A and 3 A rectifiers released today offer high current density, while their wide leads provide stronger adhesion to the PCB and improve automated optical inspection (AOI) in automotive systems. FRED Pt Ultrafast technology enables ultrafast recovery times down to 16 ns at TJ = 25 °C, reduced Qrr...

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Firan Technology Group Corporation (“FTG”) Announces Delay in Full Year and Fourth Quarter 2019 Earnings Release and Conference Call

TORONTO, Feb. 12, 2020 (GLOBE NEWSWIRE) — Firan Technology Group Corporation (TSX:FTG) has delayed the release of the full year and fourth quarter 2019 financial results, and will announce a new date as soon as it is firm.The delay is required to allow the Corporation to finalize the impacts, if any, of applying IFRS 15 Revenue from Contracts with Customers and related disclosures within the financial statements.The Corporation will host a live conference call following the release of results.ABOUT FIRAN TECHNOLOGY GROUP CORPORATIONFTG is an aerospace and defense electronics product and subsystem supplier to customers around the globe. FTG has two operating units:FTG Circuits is a manufacturer of high technology, high reliability printed circuit boards.  Our customers are leaders in the aviation, defense, and high technology industries. ...

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GOGL – Invitation to presentation of Q4 2019 Results

In connection with the release of Golden Ocean’s fourth quarter 2019 results in the morning (CET) Tuesday February 18, 2020, a teleconference/webcast will be held as described below:Teleconference and webcastA conference call will be held at 03:00 P.M. CET (09:00 A.M. New York Time) on Tuesday February 18, 2020. The presentation will be available for download from the Investor Relations section at www.goldenocean.bm (under “Presentations”) prior to the teleconference/webcast.In order to listen to the presentation you may do one of the following:a. WebcastClick the “Webcast” link on www.goldenocean.bmb. Conference CallPARTICIPANTS DIAL IN TELEPHONE NUMBERSParticipants will be asked for their full name & Conference ID. The Conference ID is 3666416.Please download the presentation material from www.goldenocean.bm...

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View Systems, Inc.’s (VSYM) Sannabis Announces New ‘Made in Colombia’ Cannabis Products Ready to Launch while their Hemp Fields in Uruguay Continue to Grow.

Company in talks with Funder to consolidate debt and initiate a new stock offering.Barranquilla, Colombia, Feb. 12, 2020 (GLOBE NEWSWIRE) — View Systems, Inc.’s (VSYM), medical marijuana and hemp subsidiary, Sannabis S.A.S. (“the Company”) is excited to announce they are ready to launch their direct sales product line in Colombia and internationally. The first 9 products are ready to hit the market with a Health Registration from INVIMA, Colombia’s Health Authority.The first product line, Cannapiel, is ready to be manufactured by the Company’s laboratory in Bogota, Colombia. The laboratory has passed all inspections with all the necessary registrations to begin making Cannabis products. These products will be sold directly to consumers by a network of direct sales consultants that are being trained at the Company’s recently announced...

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Islandsbanki hf.: Annual Results 2019

Íslandsbanki’s financial highlights 2019Profit after tax was ISK 8.5bn in 2019 (2018: ISK 10.6bn) and annualised return on equity (after tax) was 4.8% in 2019 (2018: 6.1%).Earnings from regular operations were ISK 10.5bn (2018: ISK 12.0bn) with 6.6% annualised return on equity from regular operations normalised for 16% CET1 (2018: 8.0%). Return on equity is below the long-term target. The goal is now based on risk free rate plus 4–6%. Based on the average risk-free rate in 2019, the target would be 7.7 – 9.7%. In order to improve returns, the Bank took several actions to optimise its operations under the framework of a revised strategy.Net interest income was ISK 33.7bn (2018: ISK 31.9bn), an increase of 5.4% between years and the net interest margin was 2.8% (2018: 2.9%).Net fee and commission income was ISK 13.4bn (2018: ISK 12.2bn),...

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Converge Technology Solutions Corp. Announces Increase to Previously Announced Bought Deal Financing of $7.5 Million

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESVANCOUVER, British Columbia and TORONTO, Feb. 12, 2020 (GLOBE NEWSWIRE) — Converge Technology Solutions Corp. (“Converge” or the “Company”) (TSXV: CTS) (FSE:0ZB) (OTCQX:CTSDF) is pleased to announce that it has entered into an amended agreement with Raymond James Ltd., acting as sole book-runner and lead underwriter on behalf of a syndicate of underwriters (collectively, the “Underwriters”) to increase the size of its previously announced offering of common shares (the “Offering”). Under the amended terms of the Offering, the Underwriters have agreed to purchase, on a “bought deal basis”, 5,769,231 common shares of the Company (“Offered Shares”) at a price of $1.30 per Offered Share (the “Issue Price”) for gross proceeds to the Company...

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American National Announces Proposed Holding Company Reorganization

GALVESTON, Texas, Feb. 12, 2020 (GLOBE NEWSWIRE) — On February 12, 2020, American National Insurance Company (NASDAQ: ANAT) (“American National”) announced its pursuit of a holding company reorganization (the “Reorganization”) that if consummated would result in American National becoming a direct, wholly-owned subsidiary of a newly-formed Delaware corporation, American National Group, Inc. (the “Holding Company”).  Subject to approval of the Reorganization by American National’s stockholders at the 2020 Annual Meeting of Stockholders (the “Annual Meeting”), and certain regulatory approvals and other customary conditions, American National expects that the Reorganization will be completed this summer.The directors and executive officers of the Holding Company will be the same as those for American National and the business operations...

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Landsbankinn hf.: Skuldabréfaútgáfa í evrum

Landsbankinn hf. hefur í dag lokið sölu á nýjum 4,25 ára skuldabréfaflokki að fjárhæð 300 milljónir evra með lokagjalddaga í maí 2024 og bera skuldabréfin fasta 0,50% vexti. Skuldabréfin voru seld á kjörum sem jafngilda 83 punkta álagi á miðgildi vaxtatilboða í vaxtaskiptasamningum á markaði. Heildareftirspurn nam yfir 800 milljónum evra frá meira en níutíu fjárfestum. Skuldabréfin voru seld til stofnanafjárfesta í Bretlandi, meginlandi Evrópu og Norðurlöndum.Skuldabréfin verða gefin út undir EMTN-útgáfuramma bankans og er stefnt að töku skuldabréfanna til viðskipta í írsku kauphöllinni þann 20. febrúar 2020.Umsjónaraðilar sölunnar voru Barclays, BofA Securities og J.P. Morgan. 

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Landsbankinn hf.: Bond issuance in euros

Landsbankinn hf. has today concluded a sale of a new 4.25-year EUR 300 million senior unsecured bonds maturing in May 2024 with a fixed 0.50% coupon. The bonds were sold at terms equivalent to 83 basis points spread above mid-swap market rate. The total demand was in excess EUR 800 million from over 90 investors. The bonds were sold to institutional investors in the UK, Continental Europe and Scandinavia.The bonds will be issued under the bank’s EMTN programme and are scheduled to be admitted to trading on the Irish Stock Exchange on 20 February 2020.Joint lead managers on the transaction were Barclays, BofA Securities and J.P. Morgan.

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