CrossFirst Announces Strong Volumes of Applications Under the Small Business Administration (SBA) Paycheck Protection Program (PPP)

Written by Customer Service on April 7, 2020. Posted in Public Companies.

LEAWOOD, Kan., April 07, 2020 (GLOBE NEWSWIRE) — CrossFirst Bankshares, Inc. (Nasdaq: CFB) provided an update on the initial interest it has received in the SBA 7(a) Paycheck Protection Program as the Company is highly focused on helping community businesses in their time of need.“We are committed to helping our local businesses and the communities that we serve during these extremely challenging times. I know that our employees are making a positive impact across our markets and if we ever had a purpose to what we do as a Bank, we are living it right now,” said CrossFirst Bank President & CEO Mike Maddox. “I am so proud of our teams’ tireless efforts; our Bankers continue to provide extraordinary service to our customers by initiating the conversation and guiding them through the application process. We have built a great...

Tiger Merger Sub Co. Extends Expiration Date to April 21, 2020 for Tender Offers and Consent Solicitations Relating to Tech Data Corporation’s 3.700% Senior Notes due 2022 and 4.950% Senior Notes due 2027

Written by Customer Service on April 7, 2020. Posted in Public Companies.

NEW YORK, April 07, 2020 (GLOBE NEWSWIRE) — Tiger Merger Sub Co. (the “Offeror”), an affiliate of certain investment funds managed by affiliates of Apollo Global Management, Inc. (together with its consolidated subsidiaries, “Apollo”), announced today that it has extended the Expiration Date (as defined in the Offer to Purchase (as defined below)) for the previously announced Tender Offers and Consent Solicitations (each as defined below) relating to Tech Data Corporation’s (i) 3.700% Senior Notes due 2022 (the “2022 Notes”) and (ii) 4.950% Senior Notes due 2027 (the “2027 Notes” and, together with the 2022 Notes, the “Notes”). As a result of the extension, the Expiration Date will now be 5:00 p.m., New York City time, on April 21, 2020 (unless further extended or earlier terminated).As previously announced, on March 10, 2020, the...

WERNER ENTERPRISES ASSISTS STATE OF NEBRASKA SOURCING MEDICAL SUPPLIES AMID COVID-19 CRISIS

Written by Customer Service on April 7, 2020. Posted in Public Companies.

OMAHA, Neb., April 07, 2020 (GLOBE NEWSWIRE) — Werner Enterprises (NASDAQ: WERN), a premier transportation and logistics provider, was honored to assist the State of Nebraska in its efforts to source and deliver critical medical supplies for hospitals and public health agencies across the state in the fight against COVID-19.Werner’s global logistics operation utilized its trusted global supplier base to secure over 500,000 protective gloves, 300,000 medical N95 face masks and 5,000 infrared thermometers. Werner has already delivered 500,000 gloves and the first 97,000 masks. Additionally, Werner has sourced and is shipping several hundred thousand additional masks that are already being transported to the State’s distribution site in Lincoln, NE. “Our team has been able to purchase FDA medical supplies in the extremely competitive...

Freddie Mac Prices $853 Million Multifamily K-Deal, K-F78

Written by Customer Service on April 7, 2020. Posted in Public Companies.

MCLEAN, Va., April 07, 2020 (GLOBE NEWSWIRE) — Freddie Mac (OTCQB: FMCC) has priced a new offering of Structured Pass-Through Certificates (K Certificates), which includes a class of floating rate bonds indexed to the Secured Overnight Financing Rate (SOFR). The approximately $853 million in K Certificates (K-F78 Certificates) are expected to settle on or about April 16, 2020. The K-F78 Certificates are backed by floating-rate multifamily mortgages with 10-year terms, which are currently LIBOR-based.K-F78 includes one class (Class AL) of senior bonds indexed to LIBOR and another class (Class AS) of senior bonds indexed to SOFR. Freddie Mac will provide a basis risk guarantee on Class AS that covers any floating interest rate basis risk if the value of SOFR exceeds the value of LIBOR.K-F78 PricingDetailsCo-Lead Managers and Joint...

Element Updates Investors on Business and Transformation

Written by Customer Service on April 7, 2020. Posted in Public Companies.

Amounts in $CAD unless otherwise noted Element’s strategy and strong financial position enable Company to withstand business impacts of COVID-19 crisis and emerge with momentum, President & CEO Jay Forbes says in letter to shareholders Company continues to target $180 million of actioned profit improvements and sub-6x tangible leverage by end of 2020 Element establishes additional $560 million credit facility underwritten by four leading banks to provide interim funding for redemption of maturing convertible debentures if U.S. bond market conditions are not conducive to planned senior unsecured note issue. CEO Jay Forbes to hold discussion with Geoffrey Kwan of RBC Capital Markets on Wednesday, April 8, 2020 at 5:00 p.m. Eastern Time with live webcast and replay to be available at elementfleet.com/businessupdateapril2020TORONTO,...

TITANIUM CORPORATION PROVIDES BUSINESS UPDATE

Written by Customer Service on April 7, 2020. Posted in Public Companies.

CALGARY, Alberta, April 07, 2020 (GLOBE NEWSWIRE) — Titanium Corporation Inc. (the “Company” or “Titanium”) (TSX-V: TIC) today provided an update on its current business activities and actions the Company is taking in light of the unprecedented global pandemic and other events that are affecting all sectors of Canada’s economy and its citizens.The occurrence and timing of future steps with respect to the CVW™ Horizon Project are uncertain and will depend on several factors beyond our control including, but not limited to: the duration of the COVID-19 pandemic and the unknown short and long-term economic impacts resulting from it; the duration of the Saudi Arabia / Russia oil price war which is seriously impacting Canada and Alberta’s oil industry; any improvement in oil demand and prices as well as the demand and prices for mineral...

Teradyne to Host Virtual Annual Meeting of Shareholders

Written by Customer Service on April 7, 2020. Posted in Public Companies.

NORTH READING, Mass., April 07, 2020 (GLOBE NEWSWIRE) — Teradyne, Inc. (NASDAQ: TER), today announced that the Company’s Annual Meeting of Shareholders (the “Annual Meeting”) will be held in a virtual meeting format only, on the previously announced date and time of May 8, 2020 at 10:00 a.m. EDT. In response to the public health impact of the coronavirus outbreak (COVID-19), and in accordance with orders issued by the Governor of the Commonwealth of Massachusetts limiting public gatherings and to support the health and well-being of the Company’s shareholders, the Annual Meeting will now be held in a virtual meeting format only, and will not be held at a physical location.As described in the proxy materials for the Annual Meeting previously distributed, only shareholders of record at the close of business on March 12, 2020...

Novant Health Initiates Phase 2 COVID-19 Trial with CytoDyn’s Leronlimab

Written by Customer Service on April 7, 2020. Posted in Public Companies.

VANCOUVER, Washington and WINSTON-SALEM, N.C., April 07, 2020 (GLOBE NEWSWIRE) — CytoDyn Inc. (OTC.QB: CYDY), (“CytoDyn” or the “Company”), a late-stage biotechnology company developing leronlimab (PRO 140), a CCR5 antagonist with the potential for multiple therapeutic indications, announced today that Novant Health is initiating patient enrollment in CytoDyn’s Phase 2 randomized clinical trial for COVID-19 patients with mild-to-moderate indications. Novant Health is the first site in the southeastern United States to initiate this Phase 2 trial. It is the second clinical trial site in the nation.Novant Health is an integrated network of physician clinics, outpatient facilities and hospitals that delivers a seamless and convenient healthcare experience to communities in Virginia, North and South Carolina, and Georgia. The...

First Horizon National Corp. Moves Special and Annual Meetings of Shareholders to Virtual Format

Written by Customer Service on April 7, 2020. Posted in Public Companies.

MEMPHIS, Tenn., April 07, 2020 (GLOBE NEWSWIRE) — First Horizon National Corp. (NYSE:FHN) announced today that due to the emerging public health impact of COVID-19, and to protect the health and well-being of its shareholders and employees, it will conduct both its Special and Annual Meetings of Shareholders in a virtual format.Special Meeting DetailsThe Special Meeting of Shareholders will be held on Friday, April 24 at 10:00 a.m. Central Time. Shareholders as of the close of business on February 24, 2020, which is the record date for the Special Meeting, can attend online at https://web.lumiagm.com/272142770. A direct link to the virtual meeting site will also be posted on the Events and Presentations page of our website at https://ir.fhnc.com. Shareholders will be able to participate in the Special Meeting by entering the control...

Interfor to Announce First Quarter Results on May 7, 2020

Written by Customer Service on April 7, 2020. Posted in Public Companies.

VANCOUVER, British Columbia, April 07, 2020 (GLOBE NEWSWIRE) — INTERFOR CORPORATION (“Interfor” or the “Company”) (TSX: IFP) will release its first quarter financial results on May 7, 2020. Information related to Interfor’s first quarter financial results will be available at www.interfor.com/investors.The analyst conference call is scheduled for 8:00 a.m. Pacific on Friday, May 8, 2020. It will feature a brief summary of financial results by Interfor management followed by a question and answer period with analysts. The dial-in phone number is:1-833-297-9919The conference call will also be recorded for those unable to join the live discussion. The number to call to listen to the recording is 1-855-859-2056, Passcode 7198873 and it will be available until June 8, 2020.ABOUT INTERFORInterfor is a growth-oriented forest products company...

Day: April 7, 2020

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Cookie Notice