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Day: April 29, 2020

Lake City Bank Named to KBW Bank Honor Roll of High Performing Banks for the 9th Consecutive Year

WARSAW, Ind., April 29, 2020 (GLOBE NEWSWIRE) — Lake City Bank, the single bank subsidiary of Lakeland Financial Corporation (Nasdaq Global Select/LKFN), announced today that the bank was included in the 2020 KBW Bank Honor Roll published by Keefe Bruyette & Woods (KBW). This represents the ninth consecutive year that the bank has earned a place in the listing. Lake City Bank is one of 15 banking institutions that met KBW’s criteria for inclusion in the 2020 Bank Honor Roll; all 15 banks are returning members to the list.“We’ve always been proud of our inclusion in the KBW Bank Honor Roll, particularly because it represents our long term track record of creating value for our shareholders,” said David M. Findlay, President and Chief Executive Officer. “But inclusion this year recognizes our performance during a very difficult...

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Festi hf.: Profit for Q1 of 2020 in the amount of ISK 53 million

Main resultsGross profit from sales in Q1 2020 amounted to ISK 4,321 million compared to ISK 4,231 million in Q1 2019, an increase of 2.1%Due to falling fuel price loss of 140 million is reported in gross profitOperating expenses in Q1 2020 ISK 3,301 million compared to ISK 2,902 million on Q1 2020, an increase of 13.8%Interest bearing liabilities (excluding lease liabilities) amounted to ISK 33,448 million at the end of Q1 2020 compared to ISK 37,183 million in Q1 2019.Net interest-bearing liabilities without lease liabilities ISK 28,425 million at the end of Q1 2020 compared to ISK 36,709 million end of Q1 2019 A decrease of 22,6% between years.Equity ISK 28,294 million and equity ratio 35.1% at the end Q1 2020 compared to 32,0% at the end of Q1 2019.Eggert Þór Kristófersson, CEO Festi hf.:“The year 2020 got off to a great start...

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Celebrating basic training graduates in times of social distancing

BASKING RIDGE, N.J., April 29, 2020 (GLOBE NEWSWIRE) — The U.S. Army Training Center at Fort Jackson, located in Columbia, S.C., is an essential part of the Army’s operations, and is the largest and most active Initial Entry Training center in the Army — training roughly 50 percent of all soldiers entering the Army each year. The highlight of each week at Fort Jackson is when they host 3,000 to 5,000 family members who come to the post to see their loved one graduate Basic Combat Training.“The Army’s greatest asset is our people – the finest men and women our great nation has to offer, and it is our responsibility to keep them safe. Therefore, once the pandemic surfaced, we began looking for a solution to allow families to see their soldiers’ graduation in real-time,” said Patrick Jones, Garrison Public Affairs Officer.Due to social...

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BioStem Technologies Announces Corporate Update on Company Direction

Pompano Beach, FL, April 29, 2020 (GLOBE NEWSWIRE) — BioStem Technologies, Inc. (OTC PINK: BSEM) (“BioStem” or the “Company”) a leading life sciences company specializing in perinatal tissue-based allografts for use in regenerative therapies, today announced a corporate update on the Company’s direction.The Company announced that it embarked on a new initiative to define its two distinct business pillars, BioStem Technologies and BioStem Life Sciences. The new strategic focus of BioStem Technologies is to identify, develop and market the life changing regenerative biologics, formally spearheaded by BioStem Life Sciences. This includes an all new biologic therapeutic pipeline focused on Acute Respiratory Distress Syndrome (ARDS) and Osteoarthritis (OA). BioStem Technologies will also assume the sales and distribution...

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Heineken N.V. successfully prices €1.5bn billion of Notes today

Amsterdam, 29 April 2020 – Heineken N.V. (EURONEXT: HEIA; OTCQX: HEINY) today announced that it has successfully placed €650 million of 13-year Notes with a coupon of 1.25% and €850 million of 20-year Notes with a coupon of 1.75%.The Notes will be issued under the Company’s Euro Medium Term Note Programme and will be listed on the Luxembourg Stock Exchange.The proceeds from the Notes issuance will be used for general corporate purposes. The maturity dates of the Notes are 7 May 2033 and 7 May 2040.Barclays, Citi, ING, JP Morgan, and Santander acted as active book runners, ABN Amro and Rabobank as passive book runners, and ANZ, BBVA, CIC and Raiffeisen Bank International as co-managers.-ENDS-Press enquiries                                             Tim van der Zanden / Michael Fuchs                                                 ...

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Sturgis Bancorp Reports Earnings for First Quarter 2020 

STURGIS, Mich., April 29, 2020 (GLOBE NEWSWIRE) — Sturgis Bancorp, Inc. (OTCQX: STBI) today announced net income of $1.5 million for the first quarter of 2020.Sturgis Bancorp is the holding company for Sturgis Bank & Trust Company (Bank), and its subsidiaries Oakleaf Financial Services, Inc., Oak Mortgage, LLC, Oak Insurance Services, LLC, and Oak Title Services, LLC. The Bank provides a full array of trust, commercial and consumer banking services from banking centers in Sturgis, Bangor, Bronson, Centreville, Climax, Colon, South Haven, Three Rivers and White Pigeon, MI. The Bank also has loan production offices in Portage and St. Joseph, Michigan. Oakleaf Financial Services offers a complete range of investment and financial-advisory services. Oak Mortgage offers residential mortgages in all markets of the Bank.  Oak Insurance...

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VÍS: Uppgjör 1. ársfjórðungs 2020

Árshlutareikningur félagsins fyrir fyrsta ársfjórðung 2020 var staðfestur af stjórn og forstjóra félagsins á stjórnarfundi þann 29. apríl 2020.FjárhagsdagatalViðburður  Dagsetning2. ársfjórðungur  20. ágúst 20203. ársfjórðungur  22. október 2020Ársuppgjör 2020 25. febrúar 2021ViðhengiFréttatilkynning_Q1-2020VÍS – Samstæðuárshlutareikningur 31.03.20

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Valeo : mise à disposition du Document d’enregistrement universel 2019

Valeo : mise à disposition du Document d’enregistrement universel 2019Paris, 29 avril 2020 – Valeo annonce avoir déposé le 28 avril 2020 son Document d’enregistrement universel 2019 auprès de l’Autorité des marchés financiers (AMF) sous le numéro D.20-0385.Le Document d’enregistrement universel 2019 inclut notamment le rapport financier annuel, le rapport intégré, le rapport de gestion du Conseil d’administration, le rapport du Conseil d’administration sur le gouvernement d’entreprise et le rapport des Commissaires aux comptes y afférent, le rapport sur le développement durable ainsi que le descriptif du programme de rachat d’actions de la Société.Le Document d’enregistrement universel 2019 est tenu à la disposition du public dans les conditions prévues par la réglementation en vigueur et peut être consulté et téléchargé sur l’espace...

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Delta Drone – Financial year 2019 in line with the 2020-2021 plan

Financial year 2019 in line with the 2020-2021 planDrawdown of a tranche of ORNAN of €1M of aggregate nominal value                              Dardilly, 29 April 2020Note: the accounts have been prepared in accordance with French standards, in compliance with the rules and methods applicable to consolidated accounts, as confirmed by order of 22 June 1999 approving the French Accounting Regulation Committee’s regulation 99-02.* figures adjusted for non-recurring expenses (last effects of the 2018 – 2019 plan and first measures of the 2020 – 2021 plan)The Board of Directors reviewed and approved the accounts for the 2019 financial year on 28 April 2020.The key points to remember concerning the 2019 accounts:Consolidated revenue increased by 53% to reach €16M. Taking into account the twelve-month figures for ATM Group (acquired during...

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