Day: April 23, 2020

WEST DES MOINES, Iowa, April 23, 2020 (GLOBE NEWSWIRE) — West Bancorporation, Inc. (Nasdaq: WTBA; the “Company”), parent company of West Bank, today reported that first quarter 2020 net income was $8.1 million, or $0.49 per diluted common share, compared to first quarter 2019 net income of $6.9 million, or $0.42 per diluted common share.  On April 22, 2020, the Company’s Board of Directors declared a regular quarterly dividend of $0.21 per common share, the same amount as in the previous four quarters.  The dividend is payable on May 20, 2020, to stockholders of record on May 6, 2020.“The uncertainty of the COVID-19 pandemic presents unprecedented challenges for our customers, employees, shareholders and communities,” commented Dave Nelson, President and Chief Executive Officer of the Company.  “The economic impact of the pandemic...

– Grant Will Support an On-going Clinical Evaluation of Lead Investigational Drug PTI-125 in Alzheimer’s Disease –AUSTIN, Texas, April 23, 2020 (GLOBE NEWSWIRE) — Cassava Sciences, Inc. (Nasdaq: SAVA), a clinical-stage biotechnology company focused on Alzheimer’s disease, today announced that it has been awarded a new $2.5 million research grant award from the National Institutes of Health (NIH). This new research grant will support the on-going clinical evaluation of PTI-125, the Company’s lead investigational drug. PTI-125 has a unique mechanism of action that seeks to improve both neurodegeneration and neuroinflammation in patients with Alzheimer’s disease.The NIH’s National Institute on Aging (NIA) awarded Cassava Sciences this research grant award following an in-depth, peer review of PTI-125. Peer review,...

BERKELEY HEIGHTS, N.J., April 23, 2020 (GLOBE NEWSWIRE) — CorMedix Inc. (NYSE American: CRMD), a biopharmaceutical company focused on developing and commercializing therapeutic products for the prevention and treatment of infectious and inflammatory disease, today announced that it has entered into a new three-year Employment Agreement with Jack Armstrong, currently Executive Vice President and Head of Technical Operations. The new agreement terminates in April 2023, and may be extended annually thereafter upon mutual agreement. The Employment Agreement was concluded as CorMedix works to secure marketing authorization for Neutrolin® in the second half of 2020 with potential commercial launch in the U.S. in 2021.“I am delighted that Jack has agreed to continue in his current role at this critical time when we are ramping up our preparations...

HONESDALE, Pa., April 23, 2020 (GLOBE NEWSWIRE) — Lewis J. Critelli, President and Chief Executive Officer of Norwood Financial Corp. (Nasdaq Global Market – NWFL) and its subsidiary, Wayne Bank, announced earnings of $3,079,000 for the three months ended March 31, 2020, decreasing from the $3,190,000 recorded during the same three-month period of last year.  The decrease was due to an increased provision for loan losses related to the current period of economic uncertainty.  Earnings per share on a fully diluted basis were $0.49 in the first quarter of this year compared to $0.51 in the first quarter of 2019.  The annualized return on average assets was 1.01% in the first quarter of 2020 and the annualized return on average equity was 8.79%, compared to 1.09% and 10.37%, respectively, in the first quarter of 2019.Total assets were...

MONTERREY, Mexico, April 23, 2020 (GLOBE NEWSWIRE) — Arca Continental, S.A.B. de C.V. (BMV: AC*) (“Arca Continental” or “AC”), the second-largest Coca-Cola bottler in Latin America, announced its results for the first quarter of 2020 (“1Q20”).Table 1: Financial Highlights1Q20 HIGHLIGHTSNet Sales increased 5.3% when compared to 1Q19 to Ps. 38,893 million.EBITDA totaled Ps. 6,637 million, 5.8% higher than 1Q19 and for a margin of 17.1%.Net Income grew 57.4% to Ps. 2,678 million for a margin of 6.9%.COMMENTS FROM THE CHIEF EXECUTIVE OFFICER“In the face of the historic public health crisis we are experiencing throughout the world, at Arca Continental we have focused, with the utmost priority, on carrying out strict safety and hygiene measures to provide a safe workplace for our collaborators. In parallel, we have also established community...

Dividend DeclarationAlliance Trust PLC announces the declaration of a first interim dividend for the year ending 31 December 2020 of 3.595 pence per share payable on 30 June 2020 to shareholders on the register on 5 June 2020, the ex-dividend date is 4 June 2020. This represents a 3% increase on last year’s first interim dividend.Gregor Stewart, Chairman of the Trust, said: “In our Annual Report, published in March, we highlighted the fact that we have now increased our dividend for 53 years in a row. The Board recognises the importance of rising dividends to our shareholders, particularly at difficult times like these when so many companies are cutting or cancelling their dividends to protect their balance sheets. We are pleased that our progressive dividend policy has been overwhelmingly endorsed by shareholders at our Annual General...

Alliance Trust PLCAnnual General MeetingAlliance Trust PLC announces the results of voting on the resolutions proposed at the Annual General Meeting, held earlier today in Dundee. Due to the restrictions on travel and attendance at meetings the Annual General Meeting was not open to shareholders other than those required to form the quorum and all votes were on a poll.As previously announced, Resolution 12 was withdrawn and was not voted on.A summary of the votes cast in respect of the resolutions is set out below. Each of the resolutions was passed with the required majority.The number of shares in issue as at the date of the meeting was 329,065,733NOTESIn accordance with Listing Rule 9.6.2, the full text of resolutions 13, 14, 15 and 16, which were special resolutions, passed by the Company at its Annual General Meeting will be submitted...

GARDEN CITY, N.Y., April 23, 2020 (GLOBE NEWSWIRE) — Lifetime Brands, Inc. (NasdaqGS: LCUT), a leading global designer, developer and marketer of a broad range of branded consumer products used in the home, today announced that its Board of Directors has unanimously approved the rescheduling of the May quarterly dividend originally payable on May 15, 2020 to shareholders of record as of May 1, 2020. Accordingly, shareholders of record as of November 16, 2020 will be eligible to receive $0.0425 per share on December 16, 2020.On April 2, 2020, the Company announced the postponement of the May quarterly dividend to provide additional flexibility until there is greater clarity on the potential impact to Lifetime’s business resulting from the COVID-19 pandemic.About Lifetime Brands, Inc.Lifetime Brands is a leading global designer, developer...

PHOENIX, April 23, 2020 (GLOBE NEWSWIRE) — Mobivity Holdings Corp. (OTCQB: MFON) a global provider of personalized customer engagement solutions that drive customer frequency and spend, today announced the results of SONIC® Drive-In’s pilot campaign using Google’s RCS Business Messaging. Using Mobivity’s Mobile Messaging, the SONIC pilot broadcasted interactive and engaging messaging through RCS about its restaurant app, targeting customers across more than 3,500 locations.  The record-setting results with RCS did not leverage offers, discounts or other incentives and:Resulted in five times as many app downloads versus previous MMS mobile messaging;Demonstrated a three times higher app registration rate versus typical downloads from MMS recipients; andShowed a 50 percent purchase rate from people who registered on the app.“Our initial...