Day: February 27, 2020
Dallas, Texas, Feb. 27, 2020 (GLOBE NEWSWIRE) — Valhi, Inc. (NYSE: VHI) announced today that its board of directors has declared a regular quarterly dividend of two cents ($0.02) per share on its common stock, payable on March 24, 2020 to stockholders of record at the close of business on March 9, 2020.Valhi, Inc. is engaged in the titanium dioxide products, component products (security products and recreational marine components) and real estate management and development industries.* * * * *SOURCE: Valhi, Inc.
CONTACT: Janet G. Keckeisen, Vice President, Corporate Strategy and Investor Relations, 972.233.1700
Black Hills Corp. Closes $100 Million Equity Issuance and Reaffirms Guidance Range
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RAPID CITY, S.D., Feb. 27, 2020 (GLOBE NEWSWIRE) — Black Hills Corp. (NYSE: BKH) today announced the closing of its previously announced $100 million equity issuance. The company issued 1,222,942 shares of its common stock to a single investor through an underwritten registered transaction.Net proceeds from this transaction will be used for working capital and general corporate purposes, including funding the company’s capital expenditures program and repayment of outstanding short-term debt.Black Hills also announced that senior executives from the company will be meeting with investors during the month of March at conferences and at investor offices. Updated investor materials will be available on the company’s website at www.blackhillscorp.com after the market closes on Friday, Feb. 28.The company expects to discuss recent events,...
DCP Midstream Publishes Inaugural Sustainability Report
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DENVER, Feb. 27, 2020 (GLOBE NEWSWIRE) — Today, DCP Midstream, LP (NYSE: DCP) announces the publication of its inaugural Sustainability Report. The report, titled “Transforming Energy through People, Process and Technology” provides a review of DCP’s performance on safety, environmental, social, and governance initiatives. An electronic version of the report is available at https://www.dcpmidstream.com/sustainability.“When we set out to create our first sustainability report, we knew that although the report is new to us, the concepts are not,” said Wouter van Kempen, chairman, president, and CEO. “We have long been committed to the Environmental, Social, and Governance tenets of sustainability. We are proud to share the great outcomes of our existing efforts and we are excited to advance our initiatives even more in the future.”Highlights...
Par Pacific Holdings Management to Participate in March 2020 Investor Conferences
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HOUSTON, Feb. 27, 2020 (GLOBE NEWSWIRE) — Par Pacific Holdings, Inc. (NYSE: PARR) (“Par Pacific”) today announced that members of its senior management team will attend the following investor conferences in March 2020.Bank of America Securities 2020 Refining Conference, March 11, 2020 in New York, NYScotia Howard Weil 48th Annual Energy Conference, March 25-26, 2020 in New Orleans, LAAbout Par PacificPar Pacific Holdings, Inc. (NYSE: PARR), headquartered in Houston, Texas, owns and operates market-leading energy and infrastructure businesses. Par Pacific’s strategy is to acquire and develop energy and infrastructure businesses in logistically complex markets. Par Pacific owns and operates one of the largest energy networks in Hawaii with 148,000 bpd of combined refining capacity, a logistics system supplying the major islands of...
Watford Holdings Announces CEO Succession Plan
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HAMILTON, Bermuda, Feb. 27, 2020 (GLOBE NEWSWIRE) — Watford Holdings Limited (“Watford” or the “Company”) (NASDAQ: WTRE) today announced that John F. Rathgeber will retire as Chief Executive Officer on March 31, 2020. Mr. Rathgeber will remain a member of Watford’s board of directors and serve as a senior advisor to the Company.Walter L. Harris, Chairman of the Board of Watford said, “On behalf of the board, I want to extend a sincere thank you to John for his accomplishments as CEO. He has guided the Company from its formation, navigated through challenging markets and ultimately spearheaded Watford’s entry into the public markets. I’m pleased we will continue to benefit from his insights and perspectives through his roles on the board and as an advisor to the Company.”Rathgeber will be succeeded by Jonathan...
II-VI Incorporated to Participate in the Morgan Stanley Technology, Media, and Telecom Conference on March 2
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PITTSBURGH, Feb. 27, 2020 (GLOBE NEWSWIRE) — II-VI Incorporated (Nasdaq: IIVI), a global leader in engineered materials and optoelectronic components, announced today that the Company will participate in the following upcoming investor conference:Morgan Stanley Technology, Media, and Telecom ConferencePlace: Palace Hotel, San Francisco, CADate: Monday, March 2, 2020Time: 4:20 p.m. PST / 7:20 p.m. ESTParticipantMary Jane Raymond, Chief Financial OfficerA real-time audio webcast of the session can be accessed via the Investors section of the II-VI website at https://www.ii-vi.com/investors-events/. A replay of the webcast will be available on the Company’s website following the conclusion of the event.About II-VI IncorporatedII-VI Incorporated, a global leader in engineered materials and optoelectronic components, is a...
FTAI Reports Record Fourth Quarter and Full Year 2019 Results, Dividend of $0.33 per Common Share
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NEW YORK, Feb. 27, 2020 (GLOBE NEWSWIRE) — Fortress Transportation and Infrastructure Investors LLC (NYSE:FTAI) (the “Company” or “FTAI”) today reported financial results for the quarter and full year ended December 31, 2019. The Company’s consolidated comparative financial statements and key performance measures are attached as an exhibit to this press release.Financial OverviewFor the fourth quarter of 2019, total FAD was $288.6 million. This amount includes $174.2 million from our aviation leasing portfolio, and $167.2 million from our infrastructure business, offset by $(52.8) million from corporate and other.Joe Adams, FTAI’s CEO, stated, “Our fourth quarter was exceptional, as was all of 2019. 2020 is setting up to be even better.”Fourth Quarter 2019 DividendsOn February 27, 2020, the Company’s Board of Directors (the “Board”)...
Flushing Financial Corporation Announces Receipt of Empire Shareholder Approval for Pending Acquisition of Empire Bancorp, Inc. and Election Deadline of April 1, 2020 for Merger Consideration
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UNIONDALE, N.Y., Feb. 27, 2020 (GLOBE NEWSWIRE) — Flushing Financial Corporation (Nasdaq: FFIC) (“Flushing”), parent company of Flushing Bank, announced today that at the special shareholders meeting of Empire Bancorp, Inc. (“Empire”), held today, the merger of Empire with and into Flushing (the “merger”) pursuant to the Agreement and Plan of Merger, dated October 24, 2019, as amended (the “merger agreement”) was approved by the shareholders of Empire. As previously announced, the required regulatory approvals for the merger have been obtained. Flushing and Empire expect the merger to close effective on or about April 4, 2020.John R. Buran, President and CEO of Flushing, stated, “We are pleased that the Empire shareholders have provided approval to continue to move forward on our acquisition of Empire. We are excited about the projected...
Festi hf.: Ársuppgjör 2019
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Helstu niðurstöðurFramlegð af vöru- og þjónustusölu á fjórða ársfjórðungi (4F) 2019 5.372 m.kr. samanborið við 4.858 á sama tímabili 2018 og hækka um 10,6%Rekstrarkostnaður á fjórða ársfjórðungi (4F) 2019 3.606 m.kr. samanborið við 3.329 á sama tímabili 2018 og hækkar um 8,3%EBITDA Festi að undanskildum kostnaði við kaup á Hlekk nam 1.766 m.kr. á 4F 2019 samanborið við 1.529 m.kr. á 4F 2018 sem er 15,5% hækkun á milli ára.EBITDA að undanskildum kostnaði við kaup á Hlekk nam 7.743 m.kr. árið 2019 samanborið við 4.958 m.kr. árið 2018 sem skýrist af mestu að því að ELKO, Krónan, Bakkinn og Festi fasteignir voru hluti af samstæðu Festi 4 mánuði 2018, en allt árið 2019.Vaxtaberandi skuldir námu 33.380 m.kr. í árslok 2019 en voru 37.314 m.kr. í árslok 2018.Hreinar vaxtaberandi skuldir námu 28.011 m.kr. í árslok 2019 en voru 33.047 m.kr. í árslok...
Exxe Group Inc. Announces Appointment of John Lowy as Securities Counsel
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NEW YORK, Feb. 27, 2020 (GLOBE NEWSWIRE) — Exxe Group, Inc. (OTC PINK: AXXA), a diversified company focused on synergistic acquisitions in real estate, sustainable technology, media, financial services and agribusiness, announced today that venerable corporate/securities attorney and investment banker John B. Lowy has joined Exxe Group, Inc. as securities counsel. In his role as securities counsel, Mr. Lowy will advise AXXA with respect to its ongoing public disclosures and filings, and will provide ongoing strategic corporate and legal advice. Going forward, AXXA believes that Mr. Lowy’s decades of legal and capital markets experience will aid in executing management’s corporate goals and vision.John Lowy is the founder and senior partner of John B. Lowy, P.C., based in New York City. John is a highly-respected and acknowledged...