Day: April 23, 2020
HC2 URGES STOCKHOLDERS TO OPPOSE PERCY ROCKDALE’S PROPOSALS AND AGREES WITH ISS RECOMMENDATION TO VOTE AGAINST GORZYNKSI, GREENWOOD AND HICKEYISS Questions the Viability of Percy Rockdale’s Strategy and Highlights Percy Rockdale’s Potential Short-Term Focus Could Put Long-Term Stockholders’ Investment at RiskISS Recommends AGAINST Gorzynski and Questions Gorzynski’s Ability as Interim CEO and Board Member Given His Lack of Experience as a Public Company Executive or DirectorISS Supports HC2’s Nomination of Avram Glazer to the Board at Upcoming 2020 Annual Meeting and His Appointment as Chairman Upon ElectionHC2 Recommends Stockholders Sign, Date and Promptly Return the WHITE Consent Revocation Card and Mark “REVOKE MY CONSENT” Boxes to Oppose Each of Percy Rockdale’s Proposals and Support HC2’s Independent, Experienced and Highly-Qualified...
Le réseau de TELUS est en tête du classement des réseaux mobiles canadiens de J.D. Power
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TORONTO, 23 avr. 2020 (GLOBE NEWSWIRE) — Aujourd’hui, TELUS a annoncé fièrement qu’elle se classait au premier rang en matière de qualité du réseau dans l’Est du Canada et qu’elle arrivait ex æquo en première position en Ontario selon l’étude 2020 sur la qualité des réseaux mobiles du Canada de J.D. Power. Il s’agit de la sixième année consécutive où J.D. Power accorde la première place à TELUS pour la qualité de son réseau dans au moins une des régions évaluées, ce qui confirme l’excellence du réseau de TELUS à l’échelle du pays.« Cette reconnaissance pluriannuelle de J.D. Power est le reflet des investissements cruciaux de TELUS dans son infrastructure de réseau et sa technologie mobile. Comme le nombre de personnes qui travaillent, étudient et passent du temps à la maison n’a jamais été aussi élevé, il est crucial pour les Canadiens...
Watford Announces Expected Impact of COVID-19 on 2020 First Quarter Results
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PEMBROKE, Bermuda, April 23, 2020 (GLOBE NEWSWIRE) — Watford Holdings Ltd. (the “Company”) [Nasdaq: WTRE] announced that it estimates that its 2020 First Quarter earnings will include a net investment loss of approximately $265 million due to investment market volatility caused by the economic shutdown mandated by governments around the world related to the COVID-19 virus.The net investment loss is predominantly comprised of unrealized mark-to-market losses to the Company’s non-investment grade fixed-income portfolio. The impact of unrealized mark-to-market losses on net income is estimated to be approximately $290 million. Realized losses in the quarter are estimated to be approximately $6 million.In addition, the Company expects that its book value will be impacted by unrealized mark-to-market losses to its investment...
Founders Advantage Releases 2019 Q4 and Annual Results; Subsidiaries Report Record 2019 Adjusted EBITDA
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CALGARY, Alberta, April 23, 2020 (GLOBE NEWSWIRE) — Founders Advantage Capital Corp. (TSX-V: FCF) (“FAC” or the “Corporation”) is pleased to report its financial results for the three months and year ended December 31, 2019 (“Q4-2019” and “annual”, respectively). For complete information, readers should refer to the audited consolidated financial statements and management discussion and analysis which are available on SEDAR at www.sedar.com and on the Corporation’s website at www.advantagecapital.ca. All amounts are presented in Canadian dollars unless otherwise stated.
Fura Secures Ministry Approval for Acquisition of Ruby Licence in Mozambique
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TORONTO, April 23, 2020 (GLOBE NEWSWIRE) — Fura Gems Inc. (“Fura” or the “Company”) (TSXV: FURA, OTC: FUGMF and FRA: BJ43), a gemstone mining and marketing company with emerald, ruby and sapphire assets in Colombia, Mozambique and Australia, respectively, is pleased to announce that it has received formal approval from the Ministry of Mineral Resources and Energy of Mozambique (“MIREM”) and has completed the previously announced acquisition of SLR Mining, Limitada, a Mozambican mining company holding 100% of each of ruby mining concession 8955C and ruby exploration licence 7414L. In accordance with the share purchase agreement dated February 4, 2020 entered into by a wholly owned subsidiary of the Company and GemRock Company Ltd. (“GemRock”), as amended, (the “Share Purchase Agreement”) Fura paid GemRock US$2.1 million upon completion...
Investar Holding Corporation Announces 2020 First Quarter Results
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BATON ROUGE, La., April 23, 2020 (GLOBE NEWSWIRE) — Investar Holding Corporation (NASDAQ: ISTR) (the “Company”), the holding company for Investar Bank (the “Bank”), today announced financial results for the quarter ended March 31, 2020. The Company reported net income of $0.6 million, or $0.05 per diluted common share, for the first quarter of 2020, compared to $3.3 million, or $0.32 per diluted common share, for the quarter ended December 31, 2019, and $3.9 million, or $0.40 per diluted common share, for the quarter ended March 31, 2019.On a non-GAAP basis, core earnings per diluted common share for the first quarter of 2020 were $0.15 compared to $0.39 for the fourth quarter of 2019 and $0.46 for the quarter ended March 31, 2019. Core earnings exclude certain non-operating items including, but not limited to, acquisition expense...
Emergent BioSolutions Signs Agreement to be U.S. Manufacturing Partner for Johnson & Johnson’s Lead Vaccine Candidate for COVID-19
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Emergent will provide contract development and manufacturing services to support Johnson & Johnson’s commitment of one billion doses of vaccine for worldwide emergency pandemic useAgreement valued at approximately $135 millionGAITHERSBURG, Md., April 23, 2020 (GLOBE NEWSWIRE) — Emergent BioSolutions Inc. (NYSE:EBS) today announced an agreement whereby Emergent will deploy its contract development and manufacturing (CDMO) services to support the manufacturing of Johnson & Johnson’s lead vaccine candidate for COVID-19 that leverages the AdVac® and PER.C6® technologies from the Janssen Pharmaceutical Companies of Johnson & Johnson.Robert G. Kramer Sr., president and chief executive officer of Emergent BioSolutions, stated, “When mission-driven organizations combine talents and capabilities, potential solutions to serious...
Ryman Hospitality Properties Announces First Quarter 2020 Earnings Conference Call – Thursday, May 7, 2020, 10 a.m. ET
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NASHVILLE, Tenn., April 23, 2020 (GLOBE NEWSWIRE) — Ryman Hospitality Properties, Inc. (NYSE:RHP), a lodging real estate investment trust (“REIT”) specializing in group-oriented, destination hotel assets in urban and resort markets, announced today that it will release its first quarter 2020 earnings results before the market opens on Thursday, May 7, 2020. Management will hold a conference call to discuss the quarter’s results at 10:00 a.m. ET of the same day.To participate in the conference call, please dial 973-935-8756 and use conference ID 6554839. The call will be available for replay through June 8, 2020 by dialing 800-585-8367 and using conference ID 6554839. This call is also being webcast and can be accessed at Ryman Hospitality Properties’ Investor Relations website at http://ir.rymanhp.com.About Ryman...
HOTEL reports financial and operational results for 1Q20
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MEXICO CITY, April 23, 2020 (GLOBE NEWSWIRE) — Grupo Hotelero Santa Fe S.A.B. de C.V. (BMV: HOTEL) (“HOTEL” or the “Company”), announced its consolidated results for the first quarter (“1Q20”) ended March 31, 2020. Figures are expressed in Mexican pesos, are unaudited and are in accordance with International Financial Reporting Standards (“IFRS”) and may vary due to rounding.HighlightsOperationally and financially, our results for January, February and the first two weeks of March were in line with our expectations. However, our results were affected by the COVID-19 pandemic beginning in the second half of March.1Q20 Total Revenue was Ps. 585.5 million, a 6.0% decrease compared to 1Q19, driven by an 11.0% decrease in Room Revenue and a 6.0% decrease in Food and Beverages Revenue, which were partially offset by a 15.3% increase in...
HOTEL reporta resultados financieros y operativos del 1T20
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CIUDAD DE MÉXICO, April 23, 2020 (GLOBE NEWSWIRE) — Grupo Hotelero Santa Fe, S.A.B. de C.V. (BMV: HOTEL) (“HOTEL” o “la Compañía”), anunció hoy sus resultados correspondientes al primer trimestre del año terminado el 31 de marzo de 2020 (“1T20”). Las cifras están expresadas en pesos mexicanos, sin auditar y han sido preparadas de conformidad con las Normas Internacionales de Información Financiera (“NIIFs”) y pueden presentar variaciones por redondeo.Información RelevanteNuestros resultados operativos y financieros en enero, febrero y las primeras dos semanas de marzo estuvieron en línea con nuestras expectativas, sin embargo, a partir de la segunda mitad de marzo tuvimos afectaciones por la crisis sanitaria COVID-19.Los Ingresos Totales del 1T20 alcanzaron Ps. 585.5 millones, una disminución de 6.0% comparado con el 1T19, causada...