Day: February 27, 2020
CLINTON, N.J., Feb. 27, 2020 (GLOBE NEWSWIRE) — Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, announced that its Board of Directors has declared a cash dividend of $0.08 per common share. Such dividend is payable on March 27, 2020 to shareholders of record as of March 13, 2020.Unity Bancorp, Inc. is a financial service organization headquartered in Clinton, New Jersey, with approximately $1.7 billion in assets and $1.3 billion in deposits. Unity Bank provides financial services to retail, corporate and small business customers through its 19 retail service centers located in Bergen, Hunterdon, Middlesex, Somerset, Union and Warren Counties in New Jersey and Northampton County, Pennsylvania. For additional information about Unity, visit our website at www.unitybank.com, or call 800- 618-BANK.This news release...
Adevinta ASA (ADE) – Adevinta refinances its bank facility to €600 million multicurrency Term Loan & Revolving Credit Facilities
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Oslo, 27 February 2020: Adevinta ASA announces the refinancing of its existing €300 million bank facility with €600 million multi-currency Term Loan and Revolving Credit Facilities, which took effect on 25 February 2020. The Facilities include an accordion increase option, which provides flexibility for the parties to agree an increased size by an additional €120 million during the term of the Facilities.The Revolving Credit Facility has a tenor of five years with two one-year extension options, whilst the Term Loan component has a tenor of three years.DNB Markets, a part of DNB Bank ASA, and Danske Bank A/S acted as Co-ordinators, Mandated Lead Arrangers and Bookrunners on the transaction. In addition, BNP Paribas SA Norway Branch and Swedbank AB (publ) joined as Mandated Lead Arrangers and Bookrunners, whilst J.P. Morgan Securities...
Middlesex Water Company Reports 2019 Fourth Quarter and Full Year Earnings
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ISELIN, N.J., Feb. 27, 2020 (GLOBE NEWSWIRE) — Middlesex Water Company (“Middlesex” or the “Company”) (NASDAQ:MSEX) a provider of water and wastewater services, today reported 4th Quarter diluted earnings per share of $0.46, which is $0.03 per share higher than the same reporting period in 2018. For 2019, diluted earnings per share were $2.01, up $0.05 from $1.96, reported for the same period in 2018.2019 FINANCIAL RESULTSThe Company reported 2019 consolidated operating revenues of $134.6 million, as compared to $138.1 million in 2018. The overall decline in operating revenues is attributable to a change in the wastewater component of our recently renewed non-regulated contract (effective January 1, 2019 for a term of 10 years) to operate the City of Perth Amboy, New Jersey’s (Perth Amboy) water and wastewater systems. A reduction...
Pioneer Marine Inc. Announces Financial Results for the Quarter and Year Ended December 31, 2019
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MAJURO, Marshall Islands, Feb. 27, 2020 (GLOBE NEWSWIRE) — Pioneer Marine Inc. and its subsidiaries (OSLO-OTC: PNRM) (“Pioneer Marine,” or the “Company”) a leading shipowner and global drybulk handysize transportation service provider announced its financial and operating results for the fourth quarter and year ended December 31, 2019.Financial Highlights at a glance:
Ranjit Tinaikar Joins Ness Digital Engineering as CEO
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TEANECK, N.J., Feb. 27, 2020 (GLOBE NEWSWIRE) — Ness Digital Engineering, a global provider of digital transformation solutions, today announced that Ranjit Tinaikar has been appointed Chief Executive Officer of the Company, effective immediately. Mr. Tinaikar has over 20 years of experience in the technology services sector with a track record of driving growth in the global businesses that he has managed. Most recently, he served as President of Fitch Solutions, a data and analytical services business, where he repositioned the business for growth through strategic investments and acquisitions in differentiated analytical offerings. Prior to Fitch, Mr. Tinaikar was Managing Director of Advisory & Investment Management, a data analytics business unit of Thomson Reuters, where he led the successful revenue turnaround of a business...
Aéroports de Paris SA: Groupe ADP takes note of the ART’s opinion on the WACC and does not share its assumptions nor its conclusions
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PRESS RELEASE27 February 2020Aéroports de Paris SAGroupe ADP takes note of the ART’s opinion on the WACCand does not share its assumptions nor its conclusionsGroupe ADP takes note of the opinion on the Weighted Average Cost of Capital (WACC) published by the Transports Regulation Authority (Autorité de Régulation des Transports – ART) on 27 February 2020 as part of the preparation of the upcoming Economic Regulation Agreement (ERA) for the 2021-2025 period. This opinion holds a WACC range for the regulated scope between 2% and 4.1%, below the WACC assumption of 5.6% figuring in the ERA’s public consultation document, published on 2 April 2019.Groupe ADP shares neither the method nor the assumptions nor the conclusions held by the ART in its assessment of the WACC and considers as sound the model and assumptions of the public...
Aéroports de Paris SA : Le Groupe ADP prend note de l’avis de l’ART sur le CMPC dont il ne partage ni les hypothèses ni les conclusions
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COMMUNIQUE DE PRESSETremblay-en-France, le 27 février 2020Aéroports de Paris SALe Groupe ADP prend note de l’avis de l’ART sur le CMPCdont il ne partage ni les hypothèses ni les conclusionsLe Groupe ADP prend note de l’avis sur le coût moyen pondéré du capital (CMPC) publié par l’Autorité de régulation des transports (l’ART) le 27 février 2020 dans le cadre de l’élaboration du prochain contrat de régulation économique pour la période 2021-2025 (le CRE). Cet avis retient une fourchette de CMPC pour le périmètre régulé comprise entre 2 % et 4,1 %, en deçà de l’hypothèse du CMPC de 5,6 % figurant dans le dossier public de consultation du CRE publié le 2 avril 2019.Le Groupe ADP ne partage ni la méthode, ni les hypothèses, ni les conclusions retenues par l’ART dans son appréciation du CMPC,...
Afkoma Brims hf. árið 2019
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Fjórði ársfjórðungurRekstrartekjur samstæðunnar á fjórða ársfjórðungi 2019 voru 93,5 m€ á móti 61,5 m€ á fjórða ársfjórðungi 2018.EBITDA nam 12,6 m€ á fjórða ársfjórðungi í ár, en nam 12,7 m€ á sama tímabili 2018.Hagnaður á fjórða ársfjórðungi í ár var 5,5 m€ samanborið við 21,0 m€ árið áður.Árið 2019Rekstrartekjur ársins 2019 námu 271,2 m€, en voru 210,7 m€ árið 2018.EBITDA ársins 2019 var 63,9 m€ (23,6%) en var 36,8 m€ (17,5%) árið áður.Hagnaður ársins var 34,0 m€, en var 32,2 m€ árið áður.Hagnaður á hlut var 0,019 en var 0,018 árið áður.Rekstur ársins 2019Rekstrartekjur Brims hf. árið 2019 námu 271,2 m€, samanborið við 210,7 m€ árið áður. Rekstrarhagnaður fyrir afskriftir (EBITDA) var 63,9 m€ eða 23,6% af rekstrartekjum, en var 36,8 m€ eða 17,5% árið áður. Fjármagnsgjöld voru 4,6 m€, en voru 4,0 m€ árið áður. Áhrif hlutdeildarfélaga...
iSIGN Media Receives Additional 300 Unit Release from Hi-Tek Media’s Original Purchase Order for 1,000 Units for the Omni Veil Network
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TORONTO, Feb. 27, 2020 (GLOBE NEWSWIRE) — iSIGN Media Solutions Inc. (“iSIGN” or “Company”) (TSX-V: ISD) (OTC: ISDSF), a leading provider of interactive mobile proximity marketing and public security alert solutions, today announced the receipt of a draw down order from Hi-Tek Media’s (“Hi-Tek”) initial 1,000 unit purchase order, for 300 units, as well as ancillary equipment for their Omni Veil Digital Platform (“Omni Veil Network”), with shipment required for the end of March/start of April 2020. Once these 300 units are shipped and installed, Hi-Tek’s Omni Veil Network will consist of 400 locations, both mobile and fixed, delivering commercial and security/safety messages to android and iPhone mobile phones as well as other mobile devices throughout Nevada, 24 hours a day, 7 days a week. The mobile installations include emergency...
Eimskip: Results for the year 2019
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Highlights of the year 2019 resultsRevenue amounted to EUR 679.6 million, a decrease of EUR 9.6 million or 1.4% when compared with the year 2018.Revenues e.g. affected by lower volume in container liner, especially import to Iceland.Expenses amounted to EUR 630.2 million (excluding IFRS 16), a decrease of EUR 9.7 million where salary expenses decreased by EUR 5.9 million or 4.3%.EBITDA amounted to EUR 60.5 million or EUR 49.4 million (excluding IFRS 16) compared to EUR 49.2 million last year.Net earnings amounted to EUR 1.0 million, compared to EUR 7.4 million for the year 2018.A one-off tax expense in the amount of EUR 3.4 million and an impairment expense of EUR 2.6 million due to sale of vessels negatively affected the results. Normalized earnings therefore EUR 7.0 million in line with 2018.Total CAPEX for the period amounted to EUR...