Month: February 2020
(In Millions of Mexican Pesos)2019 Fourth-Quarter Results and Full-Year Include:Full-Year Consolidated income of $1,475.7 million.Free Cash Flow of $514.5 million.Does not show Net Debt, its Total Debt is lower than the Free Cash Flow.Stockholders’ Equity of $2,404.5 million. Financial Debt of 10.8 percent from Stockholders’ Equity.Full-Year EBITDA of $321.3 million.MEXICO CITY, Feb. 27, 2020 (GLOBE NEWSWIRE) — Grupo TMM, S.A.B. (OTC: GTMAY and BMV: TMM A; “TMM” or the “Company”), a Mexican Maritime-management transportation and logistics Company, reported today its financial results for the fourth quarter and full year 2019.MANAGEMENT OVERVIEWJosé F. Serrano, Chairman and Chief Executive Officer of Grupo TMM, said, “With integrated services and the highest quality standards from more than 60 years of experience, Grupo TMM...
Two San Francisco-based Credit Unions Announce Merger
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SAN FRANCISCO, Feb. 27, 2020 (GLOBE NEWSWIRE) — San Francisco Federal Credit Union (SFFedCU) announced they have entered into a merger agreement with San Francisco Bay Area Educators Credit Union, effective February 20, 2020. The 2,000 members of the Educators Credit Union are joining nearly 47,000 SFFedCU members, and the Educators’ only branch at 851 Van Ness Avenue will become the seventh SFFedCU branch.San Francisco Bay Area Educators Credit Union was established in 1955, founded by teachers, for teachers. Throughout the years, the focus has been to provide financial support to teachers by offering competitive products and services. “San Francisco Federal Credit Union shares the same values, as we have demonstrated throughout our 65 years of service,” says Jonathan Oliver, President & CEO of San Francisco Federal Credit...
LGI Homes Gives an Additional $385,000 to the Gary Sinise Foundation to Provide Programs That Honor Veterans
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THE WOODLANDS, Texas, Feb. 27, 2020 (GLOBE NEWSWIRE) — LGI Homes, Inc. (Nasdaq:LGIH), one of the nation’s fastest growing homebuilders, is giving back to our nation’s defenders, veterans, first responders and families in need as part of the company’s growing philanthropic initiative, LGI Giving.“One of our goals for 2019 was to engage with an organization that embodies our business and our company’s core values,” said Eric Lipar, Chief Executive Officer and Chairman of the Board of LGI Homes. “The Gary Sinise Foundation’s acts of selfless service extend across the country, and their contributions to the betterment of society and their ongoing commitment to serving America’s heroes span the spectrum of causes.”In early 2019, LGI Homes gave the Gary Sinise Foundation a one-time donation of $200,000 and announced its pledge...
Fourth Quarter and Full Year 2019 Earnings Report
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MEXICO CITY, Feb. 27, 2020 (GLOBE NEWSWIRE) — Terrafina® (“TERRA” or “the Company”) (BMV: TERRA13), a leading Mexican industrial real estate investment trust (“FIBRA”), externally advised by PGIM Real Estate and dedicated to the acquisition, development, leasing and management of industrial real estate properties in Mexico, announced today its fourth quarter 2019 (4Q19) and full year 2019 (FY2019) earnings results.The figures in this report have been prepared in accordance with International Financial Report Standards (“IFRS”). Figures presented in this report are presented in millions of Mexican pesos and millions of U.S. dollars, unless stated otherwise. Additionally, figures may vary due to rounding.Terrafina’s financial statements that are included in this report are internal and have not yet been audited by the external auditors,...
Wintrust Financial Corporation to Present at RBC Capital Markets Global Financial Institutions Conference on March 10, 2020
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ROSEMONT, Ill., Feb. 27, 2020 (GLOBE NEWSWIRE) — Wintrust Financial Corporation (“Wintrust” or the “Company”) (Nasdaq: WTFC) will present at the RBC Capital Markets Global Financial Institutions Conference to be held in New York on March 10-11, 2020. Wintrust management will participate in a panel discussion that is scheduled to begin at approximately 3:50 PM Eastern Time on March 10, 2020.This event will be available via an audio webcast and may be accessed at https://veracast.com/webcasts/rbc/financials2020/44111109973.cfm or at Wintrust’s website at www.wintrust.com, Investor Relations, Investor News and Events, Presentations and Conference Calls. Listeners should go to the website at least fifteen minutes before the presentation to download and install any necessary audio software. For those unable to attend the live broadcast,...
Candelaria Mining Announces $1,000,000 Private Placement Financing
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Not for distribution to United States newswire services or for dissemination in the United StatesVANCOUVER, British Columbia, Feb. 27, 2020 (GLOBE NEWSWIRE) — Candelaria Mining Corp. (TSXV:CAND, OTC PINK:CDELF) (the “Company”) is pleased to announce that the Company has received subscriptions for an offering, on a non-brokered private placement basis, of 4,237,042 units of the Company (the “Units“) at a subscription price of $0.25 per Unit for aggregate gross proceeds of up to $1,059,261 (the “Private Placement“). Each Unit will consist of one common share of the Company (each, a “Common Share“) and one-half of one Common Share purchase warrant (each whole Common Share purchase warrant, a “Warrant“). Each Warrant will entitle the holder to purchase one Common Share at a price of...
PRGX Partners with FMI – The Food Industry Association to Host Webinar on “The Proactive Grocer: Key Steps to Preventing Losses”
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ATLANTA, Feb. 27, 2020 (GLOBE NEWSWIRE) — PRGX Global, Inc. (Nasdaq: PRGX), a global leader in Recovery Audit and Spend Analytics services, recently held a webinar, “The Proactive Grocer: Key Steps to Preventing Losses,” in partnership with FMI – The Food Industry Association. The webinar, which took place on January 30, is now available for viewing.PRGX Vice President of Global Client Development Mark Kilgore, Vice President of Global Accounts Amy Andrade and Vice President of Grocery Center of Excellence Brad Royer led the webinar, which explored some of the most common points of leakage and how to correct them. The webinar also addressed how grocers can shift from reactive to proactive loss prevention to minimize operational complexity and maximize profit.Additionally, Kilgore, Andrade and Royer provided insights on:Best practices...
The Ocean Power Technologies hybrid PowerBuoy® is Coming!
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MONROE TOWNSHIP, N.J., Feb. 27, 2020 (GLOBE NEWSWIRE) — Ocean Power Technologies, Inc. (NASDAQ: OPTT), a leader in innovative and cost-effective ocean energy solutions, today announced that the prototype for its newest product, the hybrid PowerBuoy®, is in production at its New Jersey facility.(Visit www.oceanpowertechnologies.com/hybridPowerBuoy to see photos of the hybrid PowerBuoy® build in progress.)The hybrid PowerBuoy® will offer customers remote power for subsea and topside applications, reliable data communications, and a nominal 1.5-megawatt hours of energy storage. Solar charging of on-board battery power with a clean-fueled Stirling engine backup makes the hybrid PowerBuoy® a low- to zero-carbon power solution, adding flexibility to the sea power options that OPT can offer in conjunction with its ocean-proven flagship...
エンスター・グループ・リミテッドの取締役、専任の役職に就くため4月に退職
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バミューダ諸島ハミルトン発, Feb. 28, 2020 (GLOBE NEWSWIRE) — エンスター・グループ・リミテッド (Enstar Group Limited、以下「エンスター」) (NASDAQ: ESGR) は本日、サンドラ・ボス (Sandra Boss) が、別会社の取締役の職に専念するため、エンスターの取締役会から退任することを発表した。ボスは、2015年11月以来、同社の取締役の1人である。また彼女はリスク委員会の委員長を務めており、報酬委員会およびガバナンス / 指名委員会のメンバーでもある。彼女の退職は2020年4月1日付けで有効になり、それまでの期間に、リスク委員会の委員長職は、2015年以来独立取締役を務めてきたハイテッシ・パテル (Hitesh Patel) へと円滑に移行される。エンスターCEOのドミニク・シルベスター (Dominic Silvester) は、次のように述べている。「サンディはこの4年間、取締役として、そして何よりもリスク委員会の委員長としてエンスターに多大な貢献を果たしてくれました。これまでの彼女の功績に感謝の気持ちを表します。彼女の退職は本当に残念です。」エンスター会長のボブ・キャンベル (Bob Campbell) は次のように語った。「サンディは、取締役会のリスク監視を大幅に強化した、リスク委員会の体制を支える中心人物でした。取締役会を代表して、彼女のこれからの活躍を祈念します。」ボスは今回の退職について、次のようにコメントしました。「エンスターの成長期に取締役として、またリスク委員会の委員長として大変貴重な体験をさせていただきました。取締役を退任することにはなりますが、エンスターのチームとはこれからも密接な連絡を取り合っていきたいと考えています。」エンスターについてエンスター (Enstar) は、バミューダ諸島、米国、英国、欧州大陸、オーストラリア、その他の国際拠点にあるグループ企業のネットワークを通じて画期的な資本リリースソリューションや特殊アンダーライティング能力を提供する、多角的保険グループである。2001年の創業以来、100社ほどの企業やポートフォリオを買収してきた実績を持つ、レガシー買収のマーケットリーダーである。同グループの現行のアンダーライティング事業には、グローバルなアンダーライティングプラットフォームを複数備えたAクラスの世界的な特殊保険企業グループであるスターストーン...
Zoom Telephonics Appoints Jacquelyn Barry Hamilton as Full-Time CFO
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Ms. Hamilton was previously “acting” CFOBoston, MA, Feb. 27, 2020 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — Zoom Telephonics, Inc. (“Zoom” or “the Company”) (OTCQB: ZMTP), a leading producer of cable modems and other communication products, today announced that Zoom’s Board of Directors has appointed Jacquelyn Barry Hamilton full-time CFO following her initial role with the Company as “acting” CFO.Ms. Hamilton joined the Company in January 2020 as a consultant. Prior to joining the Company, she served as Chief Financial Officer of Modo Labs, a mobile application development company, and Chief Financial Officer of Netcracker Technology, a subsidiary of NEC Corporation that delivers a software platform together with integration and managed services to telecommunications and cable companies globally. Ms. Hamilton also served as Chief...