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Month: February 2020

Extendicare Announces Fourth Quarter and Year End 2019 Results

MARKHAM, Ontario, Feb. 27, 2020 (GLOBE NEWSWIRE) — Extendicare Inc. (“Extendicare” or the “Company”) (TSX: EXE) today reported results for the three and twelve months ended December 31, 2019. Results are presented in Canadian dollars unless otherwise noted.“In 2019, we built a strong foundation for future growth and improved profitability,” said Chief Executive Officer, Dr. Michael Guerriere. “We invested in our ParaMed operations and with our transformation project now almost complete, along with our exit from the lower margin B.C. market, we expect to drive improved performance in 2020. We also expanded other areas of our operations, with 29% growth in our retirement living capacity and expansion in our contract services and group purchasing services. With an ongoing focus on improving the quality of our operations and operating...

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Sysco Declares Quarterly Dividend Payment

HOUSTON, Feb. 27, 2020 (GLOBE NEWSWIRE) — Sysco Corporation (NYSE:SYY) today announced that the Board of Directors declared a regular quarterly cash dividend of $0.45 per share, payable on April 24, 2020, to common stockholders of record at the close of business on April 3, 2020.About SyscoSysco is the global leader in selling, marketing and distributing food products to restaurants, healthcare and educational facilities, lodging establishments and other customers who prepare meals away from home. Its family of products also includes equipment and supplies for the foodservice and hospitality industries. With more than 69,000 associates, the company operates more than 320 distribution facilities worldwide and serves more than 650,000 customer locations. For fiscal 2019 that ended June 29, 2019, the company generated sales of more...

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Hermitage Offshore Services Ltd. Announces Financial Results for the Fourth Quarter of 2019

HAMILTON, Bermuda, Feb. 27, 2020 (GLOBE NEWSWIRE) — Hermitage Offshore Services Ltd., (“Hermitage Offshore” or the “Company”) announces its financial results for the three months and year ended December 31, 2019.A reverse asset acquisition in April 2019 resulted in a change in the basis of accounting for the Company. As a result, the financial information presented for the three months and year ended December 31, 2019 and 2018 is not directly comparable.Results for the three months ended December 31, 2019 and 2018For the three months ended December 31, 2019, the Company’s net loss was $2.3 million, or $0.10 basic and diluted loss per share (based on 22,279,447 weighted average shares outstanding).  The Company recorded a $1.5 million gain on financial instruments (as described below under the caption “DVB...

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Range Announces Fourth Quarter and Year-End 2019 Results

FORT WORTH, Texas, Feb. 27, 2020 (GLOBE NEWSWIRE) — RANGE RESOURCES CORPORATION (NYSE: RRC) today announced its fourth quarter and full-year 2019 financial results. Highlights –All-in 2019 capital spending was $728 million, approximately $28 million less than the original budgetSold assets for gross proceeds of $785 million in 2019 to reduce debtFourth quarter cash unit costs improved by $0.26 per mcfe compared to prior year periodYear-end proved reserves increased to 18.2 Tcfe, with 95% from Marcellus ShaleAll-in 2020 capital budget of $520 million maintains production at ~2.3 Bcfe per day2020 well costs expected to average less than $610 per lateral foot in 2020, lowest in AppalachiaExpanded credit facility to $2.4 billion in October 2019, making year-end 2019 liquidity $1.7 billionCommenting on the results and 2020 plans, Jeff...

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Cryo-Cell Reports Financial Results For Fiscal Year Ended November 30, 2019

OLDSMAR, Fla., Feb. 27, 2020 (GLOBE NEWSWIRE) — Cryo-Cell International, Inc. (OTC:QB Markets Group Symbol: CCEL) (the “Company”), the world’s first private cord blood bank to separate and store stem cells in 1992, announced results for its fiscal year ended November 30, 2019.Financial ResultsRevenueConsolidated revenues for fiscal 2019 were $31.8 million compared to $29.2 million for fiscal 2018.  The revenues for fiscal 2019 consisted of $30.0 million in processing and storage fee revenue, $1.0 million in licensee income, $172,000 in product revenue and $652,000 in public banking revenue compared to $27.8 million in processing and storage fee revenue, $1.0 million in licensee income, $104,000 in product revenue and $296,000 in public banking revenue for fiscal 2018.Net Income (Loss)The Company reported net income of $2.3 million...

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Playa Hotels & Resorts N.V. Reports Fourth Quarter and Full Year 2019 Results

FAIRFAX, Va., Feb. 27, 2020 (GLOBE NEWSWIRE) — Playa Hotels & Resorts N.V. (the “Company”) (NASDAQ: PLYA) today announced results of operations for the three months and year ended December 31, 2019.Three Months Ended December 31, 2019 ResultsNet Loss was $17.9 million compared to a Net Loss of $14.2 million in 2018Adjusted Net Loss(1) was $9.9 million compared to an Adjusted Net Loss of $0.0 million in 2018Comparable Net Package RevPAR decreased 6.1% over 2018 to $178.19Net Package RevPAR decreased 6.0% over 2018 to $172.49, driven by a 1.0% decrease in Net Package ADR and a 400 basis points decrease in OccupancyOwned Resort EBITDA decreased 37.6% over 2018 to $28.3 millionOwned Resort EBITDA Margin decreased 10.4 percentage points over 2018 to 20.7%Adjusted EBITDA decreased 46.1% over 2018 to $20.0 millionAdjusted EBITDA Margin...

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Red River Bancshares, Inc. Announces Quarterly Cash Dividend

ALEXANDRIA, Louisiana, Feb. 27, 2020 (GLOBE NEWSWIRE) — Red River Bancshares, Inc. (Nasdaq: RRBI) (the “Company”) today announced that on February 27, 2020, its board of directors declared a quarterly cash dividend in an amount equal to $0.06 per common share.  The cash dividend is payable on March 26, 2020, to shareholders of record as of the close of business on March 16, 2020.  This dividend marks the Company’s first quarterly dividend, transitioning from its historical practice of paying dividends on an annual basis as it has done since 2018.About Red River Bancshares, Inc.Red River Bancshares, Inc. is the bank holding company for Red River Bank, a Louisiana state-chartered bank established in 1999 that provides a fully integrated suite of banking products and services tailored to the needs of commercial and retail customers....

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First Midwest Bancorp, Inc. Declares First Quarter Cash Dividend of $0.14 Per Share

CHICAGO, Feb. 27, 2020 (GLOBE NEWSWIRE) — First Midwest Bancorp, Inc. (the “Company” or “First Midwest”), the parent company of First Midwest Bank, today announced that its Board of Directors declared a quarterly cash dividend on the Company’s common stock of $0.14 per share. This quarterly cash dividend will be payable on April 7, 2020 to common stockholders of record on March 27, 2020 and will represent the 149th consecutive cash dividend paid by First Midwest since its inception in 1983.About First MidwestFirst Midwest (NASDAQ: FMBI) is a relationship-focused financial institution and one of the largest independent publicly traded bank holding companies based on assets headquartered in Chicago and the Midwest, with approximately $18 billion of assets and an additional $12 billion of assets under management. First Midwest’s principal...

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Martin Legault Files Early Warning Report

NOT FOR DISTRIBUTION TO U.S NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESMONTREAL, Feb. 27, 2020 (GLOBE NEWSWIRE) — On February 25, 2020, Mr. Martin Legault, Fiducie Famille Martin Legault, and a holding corporation, 8574197 Canada Inc. wholly owned by Mr. Legault, acquired an aggregate of 25,168,000 common shares (the “Common Shares”) in the share capital of Premier Health of America Inc. (formerly known as Physinorth Acquisition Corporation Inc.) (the “Issuer”) pursuant to a Qualifying Transaction (the “Transaction”) between the Issuer and 6150977 Canada Inc. and its subsidiary Excel Health Inc., 8961760 Canada Inc. and 10544485 Canada Inc., a group of privately-held Canadian companies, doing business as Groupe Premier Soin (collectively, the “GPS Entities”), the whole as more fully described in the Issuer’s information...

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Millicom to repurchase own shares

Millicom to repurchase own sharesLuxembourg, February 27, 2020 – On May 2, 2019, the Annual General Meeting of Shareholders (“AGM”) of Millicom resolved to authorize (the “Authorization”) the Board of Directors of Millicom (the “Board”) to adopt a share repurchase plan. Based on the Authorization, the Board has decided to initiate a repurchase program comprising not more than 350,000 shares. In accordance with the resolution at the AGM, the purpose of the share repurchase plan will be to reduce Millicom’s share capital (in value or in the number of shares) or to meet obligations arising from employee share option programs or other allocations of shares to employees of Millicom or of an associate company.The repurchase program will be implemented in accordance with the Authorization, Nasdaq Stockholm’s Rule Book for Issuers, and...

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