Month: March 2020

TORONTO, March 20, 2020 (GLOBE NEWSWIRE) — Martinrea International Inc., a diversified and global automotive supplier engaged in the design, development and manufacturing of highly engineered, value-added Lightweight Structures and Propulsion Systems, today announced that as a result of actions taken on behalf of the Company’s automotive OEM customers in both North America and Europe in response to the coronavirus (COVID-19) outbreak, including temporary plant closures, as well as uncertainty regarding the duration and business impact of the virus, it is withdrawing its previously-disclosed financial guidance and medium-term outlook.“These announced customer plant shutdowns will affect the Company’s own production levels during the remainder of Q1 2020 and likely beyond, as restarting of production could be delayed, and partial...

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATESTORONTO, March 20, 2020 (GLOBE NEWSWIRE) — (TSX: MDS.UN) – LDIC Inc. (the “Manager”), the manager of Healthcare Special Opportunities Fund (the “Fund”), a closed-end investment fund, today announces the quarterly distribution of CDN$0.06666 per Class A unit and US$0.06608 per Class U unit. The distribution will be paid on or before April 16, 2020 to unitholders of record on March 31, 2020. For further information please contact:LDIC Inc.Tel: (416) 362-4141Email: decter@ldic.caWebsite: www.ldic.ca

MONTERREY, México, March 20, 2020 (GLOBE NEWSWIRE) — Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA” o “la Compañía”) (NYSE: FMX; BMV: FEMSAUBD) celebró el día de hoy su Asamblea General Ordinaria Anual, en la cual los accionistas aprobaron el informe anual 2019 de la Compañía presentado por el Director General, los estados financieros consolidados de la Compañía para el ejercicio fiscal terminado el 31 de diciembre de 2019, y el nombramiento de los miembros del Consejo de Administración y sus Comités para el año 2020.Asimismo, los accionistas aprobaron el pago de dividendo en efectivo por la cantidad total de Ps. 10,360 millones, a razón de Ps. 0.6458 por cada acción Serie “D” y Ps. 0.5167 por cada acción Serie “B”, lo que corresponde a un total de Ps. 3.1000 por cada Unidad “BD” (BMV: FEMSAUBD),...

MONTERREY, Mexico, March 20, 2020 (GLOBE NEWSWIRE) — Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA” or “the Company”) (NYSE: FMX; BMV: FEMSAUBD) held its Annual Ordinary General Shareholders Meeting today, during which the shareholders approved the Company’s annual report for 2019 prepared by the Chief Executive Officer, the Company’s consolidated financial statements for the year ended December 31, 2019 and the election of members of the Board of Directors and its committees for 2020.In addition, the shareholders approved the payment of a cash dividend in the amount of Ps. 10,360 million, consisting of Ps. 0.6458 per each Series “D” share and Ps. 0.5167 per each Series “B” share, which amounts to Ps. 3.1000 per “BD” Unit (BMV: FEMSAUBD) or Ps. 31.000 per ADS (NYSE: FMX), and Ps. 2.5833 per...

HOUSTON, March 20, 2020 (GLOBE NEWSWIRE) — Kirby Corporation (“Kirby” or the “Company”) (NYSE:KEX) announced today that Kirby management will participate in a webcast hosted by Stephens, Inc. on Monday, March 23, 2020. During the webcast, Kirby will discuss its ongoing coronavirus response and the current conditions of the Company’s businesses. Specifics of the event are as follows:To listen to the live event, please visit the Investor Relations section of Kirby’s website at www.kirbycorp.com. A replay of the webcast will be available for a period of 30 days.Kirby Corporation, based in Houston, Texas, is the nation’s largest domestic tank barge operator transporting bulk liquid products throughout the Mississippi River System, on the Gulf Intracoastal Waterway, coastwise along all three United States coasts, and in Alaska...

COS COB, Conn., March 20, 2020 (GLOBE NEWSWIRE) — Chicken Soup for the Soul Entertainment Inc. (Nasdaq: CSSE, CSSEP), a growing media company building online video on-demand (“VOD”) networks that provide video content for all screens, today announced the timing for the payment of its declared regular monthly dividend of $0.2031 per share of its 9.75% Series A Cumulative Redeemable Perpetual Preferred Stock for April 2020. The dividend will be payable on April 15, 2020 to holders of record as of March 31, 2020. The dividend will be paid in cash.ABOUT CHICKEN SOUP FOR THE SOUL ENTERTAINMENTChicken Soup for the Soul Entertainment Inc. (Nasdaq: CSSE) (the “Company”) is a growing media company building and acquiring streaming VOD networks that provide content for all screens. The Company owns a majority stake in Crackle Plus, a joint venture...

TORONTO, March 20, 2020 (GLOBE NEWSWIRE) — CCL Industries Inc., (TSX:CCL.A) (TSX:CCL.B), a world leader in specialty label, security and packaging solutions for global corporations, government institutions, small businesses and consumers, announced today the closing of the acquisition of Flexpol Sp. Z.o.o. (“Flexpol”) this week after regulatory approval was completed. The company now trades as “Innovia Poland” with immediate effect.Commenting on the acquisition, Guenther Birkner, President of Innovia Films (in addition to heading CCL Label’s Food & Beverage and Healthcare & Specialty businesses), commented, “We are excited about the new operation which brings important new capabilities to service the label industry in Europe, matching the product lines available from our North American operation. We will continue to invest...

NEW YORK, March 20, 2020 (GLOBE NEWSWIRE) — 8i Enterprises Acquisition Corp. (NASDAQ: JFK, “JFK” or “8i”) (the “Company”), a special purpose acquisition company, today announced the result of a special meeting of its shareholders (the “Special Meeting”) which took place today at 10:00 a.m. Eastern Time. At the Special Meeting, the majority of the shareholders voted in favor of a proposal to adjourn the meeting to June 15, 2020. Shareholders will be permitted to redeem their respective ordinary shares up to two (2) business days prior to the date the meeting was adjourned to, or June 11, 2020.About 8i Enterprises Acquisition Corp.8i Enterprises Acquisition Corp. is a British Virgin Islands company incorporated as a blank check company for the purpose of entering into a merger, share exchange, asset acquisition, share purchase, recapitalization,...

PEMBROKE, Bermuda, March 20, 2020 (GLOBE NEWSWIRE) — Sompo International Holdings Ltd. (“SIH”), a Bermuda-based specialty provider of property and casualty insurance and reinsurance, announced today that, subject to applicable regulatory approval, Mr. Christopher Donelan, currently the Deputy CEO of Sompo International (SI) Reinsurance will assume the position of Chief Executive Officer of SI Reinsurance. The reinsurance business of SI represents approximately $2.4b of annual gross written premiums with locations in the United States, Bermuda, the United Kingdom, Switzerland and Singapore. Mr. Donelan will report to Mr. Christopher Gallagher, CEO of SI’s Commercial P&C business. Stephen Young, the current CEO of Reinsurance at SI has resigned from the company to pursue other interests.Mr. Gallagher commented, “I am extremely...

NOT FOR DISTRIBUTION TO NEWSWIRE SERVICES IN THE UNITED STATES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF UNITED STATES SECURITIES LAWS.TORONTO, March 20, 2020 (GLOBE NEWSWIRE) — MPX International Corporation (“MPX International”, “MPXI” or the “Company”) (CSE:MPXI; OTCQX:MPXOF), a multinational diversified cannabis company, announces that its annual general meeting of shareholders of the Company (the “Meeting”), which was originally to be held at the offices of Stikeman Elliott LLP at 11:00 am (Toronto time) will now be held at the Company’s offices at 11:30 a.m. (Toronto time) on March 26, 2020. Due to ongoing concerns regarding the Coronavirus (COVID-19) and to mitigate risks to the health and safety of our communities, other shareholders, employees and...