Mondelēz International Announces Sustainability Investor Event May 8, 2020

Written by Customer Service on April 23, 2020. Posted in Public Companies.

CHICAGO, April 23, 2020 (GLOBE NEWSWIRE) — Mondelēz International, Inc. (NASDAQ:MDLZ) today announced that Chairman and Chief Executive Officer, Dirk Van de Put, will discuss the company’s purpose-driven approach to sustainability and well-being at an investor event Friday, May 8, 2020 at 10:00 a.m. E.T. Van de Put will be joined by Christine Montenegro McGrath, Mondelēz International’s Chief Impact Officer who will detail the company’s initiatives, targets and progress towards reducing environmental impact, sustainable sourcing and packaging innovation. The event will be hosted by Shep Dunlap, Vice President Investor Relations. Participants will have the opportunity to ask questions to a panel including the company’s senior sustainability expert. Investors and analysts are invited to participate by phone by calling 1-800-322-9079...

Bottomline to Announce Third Quarter Fiscal 2020 Financial Results on May 6, 2020

Written by Customer Service on April 23, 2020. Posted in Public Companies.

PORTSMOUTH, N.H., April 23, 2020 (GLOBE NEWSWIRE) —Who: Bottomline Technologies (NASDAQ: EPAY) helps make complex business payments simple, smart, and secure. Corporations and banks rely on Bottomline for domestic and international payments, efficient cash management, automated workflows for payment processing and bill review, and state of the art fraud detection, behavioral analytics and regulatory compliance solutions. Thousands of corporations around the world benefit from Bottomline solutions. Headquartered in Portsmouth, NH, Bottomline delights customers through offices across the U.S., Europe, and Asia-Pacific. For more information visit https://investors.bottomline.com/overview/default.aspx.What: Announcement of Third Quarter Fiscal 2020 Financial ResultsWhen: On Wednesday, May 6, 2020, a press release summarizing the company’s...

European Focused Dividend Fund Announces Merger into Global Dividend Growers Income Fund

Written by Customer Service on April 23, 2020. Posted in Public Companies.

CALGARY, Alberta, April 23, 2020 (GLOBE NEWSWIRE) — Middlefield Limited (the “Manager”), the manager of European Focused Dividend Fund (“European Focused Dividend”) (TSX: EF.UN) and Global Dividend Growers Income Fund (“Global Dividend Growers”) (TSX: GDG.UN), is pleased to announce that European Focused Dividend will merge into Global Dividend Growers (“the Merger”) on or about July 14, 2020 (the date of completion being the “Effective Date”), with Global Dividend Growers being the continuing fund following the Merger.The Manager believes that European Focused Dividend unitholders will benefit from the Merger for the following reasons:Reduced management fee: Upon completion of the Merger, European Focused Dividend unitholders will see a substantial management fee reduction from 1.1% to 0.85%.Geographic diversification: Global Dividend...

Fura Draws Down US$3.5 Million From Long Term Loan Facility

Written by Customer Service on April 23, 2020. Posted in Public Companies.

TORONTO, April 23, 2020 (GLOBE NEWSWIRE) — Fura Gems Inc. (“Fura” or the “Company”) (TSXV: FURA, OTC: FUGMF and FRA: BJ43) announces today that it has drawn down an additional US$3.5 million from its loan facility previously announced on March 10, 2020 (the “Second Advance”). An additional US$4.1 million remains available for drawdown by the Company at a later date, subject to the terms of the grid promissory note (the “Note”) issued to the lender (the “Lender”) in the maximum aggregate principal amount of US$28.6 million. The funds advanced under the Note are initially unsecured, will bear interest at a rate of ten percent per annum and have a maturity date of August 31, 2021. The principal amount of the loan as well as accrued interest will be payable on the maturity date. Please see the Company’s press release dated March 10,...

European Focused Dividend Fund Announces Merger into Global Dividend Growers Income Fund

Written by Customer Service on April 23, 2020. Posted in Public Companies.

Heritage Commerce Corp Declares Quarterly Cash Dividend of $0.13 Per Share

Written by Customer Service on April 23, 2020. Posted in Dividend Reports And Estimates.

SAN JOSE, Calif., April 23, 2020 (GLOBE NEWSWIRE) — Heritage Commerce Corp (Nasdaq: HTBK), the holding company for Heritage Bank of Commerce, today announced that its Board of Directors declared a quarterly cash dividend of $0.13 per share to holders of common stock. The dividend will be payable on May 21, 2020, to shareholders of record at close of business day on May 7, 2020.

Heritage Commerce Corp Reports Earnings of $1.9 Million for the First Quarter of 2020 as Merger Integration and Coronavirus Response Weigh on Results

Written by Customer Service on April 23, 2020. Posted in Earnings Releases And Operating Results.

SAN JOSE, Calif., April 23, 2020 (GLOBE NEWSWIRE) — Heritage Commerce Corp (Nasdaq: HTBK), the holding company (the “Company”) for Heritage Bank of Commerce (the “Bank”), today announced first quarter 2020 net income of $1.9 million, or $0.03 per average diluted common share, compared to $12.1 million, or $0.28 per average diluted common share, for the first quarter of 2019, and $5.7 million, or $0.10 per average diluted common share, for the fourth quarter of 2019. Earnings for the first quarter of 2020 were impacted by the effect of our first quarter $13.3 million pre-tax current expected credit losses (“CECL”) related provision for credit losses on loans, driven by forecasted effects on economic activity from the Coronavirus pandemic, and $2.4 million of pre-tax merger-related costs, as discussed in more detail below. All results...

Constellation Brands Prices Offering of Senior Notes

Written by Customer Service on April 23, 2020. Posted in Public Companies.

VICTOR, N.Y., April 23, 2020 (GLOBE NEWSWIRE) — Constellation Brands, Inc. (NYSE: STZ and STZ.B), a leading beverage alcohol company, announced today that it priced the public offering of $1.2 billion aggregate principal amount of Senior Notes, consisting of $600.0 million of 2.875% Senior Notes due 2030 (the “2030 notes”) for a public offering price of 99.801% of the principal amount of the 2030 notes, and $600.0 million of 3.750% Senior Notes due 2050 (the “2050 notes”) for a public offering price of 99.286% of the principal amount of the 2050 notes (collectively, the “notes”) . The notes will be senior obligations that rank equally with all of Constellation’s other senior unsecured indebtedness.Closing of the offering is expected to occur on April 27, 2020. Constellation intends to use the net proceeds from the offering to redeem...

Brown & Brown, Inc. Announces Quarterly Cash Dividend

Written by Customer Service on April 23, 2020. Posted in Public Companies.

DAYTONA BEACH, Fla., April 23, 2020 (GLOBE NEWSWIRE) — Brown & Brown, Inc. (NYSE:BRO) today announced that the Board of Directors has declared a regular quarterly cash dividend of $0.085 per share. The dividend is payable on May 20, 2020 to shareholders of record on May 11, 2020.Brown & Brown, Inc. (NYSE: BRO) is a leading insurance brokerage firm, providing risk management solutions to individuals and businesses. With more than 80 years of proven success and thousands of teammates, we offer knowledge you can trust and strive to deliver superior customer service. For more information, please visit bbinsurance.com.R. Andrew WattsChief Financial Officer(386) 239-5770

Codorus Valley Bancorp, Inc. Reports First Quarter 2020 Earnings

Written by Customer Service on April 23, 2020. Posted in Public Companies.

YORK, Pa, April 23, 2020 (GLOBE NEWSWIRE) — Codorus Valley Bancorp, Inc. (Codorus Valley, or the Corporation) (NASDAQ: CVLY), parent company of PeoplesBank, A Codorus Valley Company (PeoplesBank), collectively referred to as the Company, today announced a net loss of $3.0 million or -$0.31 per share basic and -$0.30 per share diluted, for the quarter ended March 31, 2020, as compared to net income of $4.1 million or $0.41 per share basic and diluted, for the quarter ended March 31, 2019.“Earnings for the first quarter 2020 were adversely affected primarily by a loss directly attributable to a single, large commercial lending relationship at PeoplesBank,” stated Larry J. Miller, Chairman, President/CEO. “The commercial lending loss resulted from alleged fraudulent activities believed to be perpetrated by one of the obligors. As...

Day: April 23, 2020

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