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Day: April 29, 2020

RAK Petroleum plc Schedules Release of 2019 Annual Report and Accounts

United Kingdom, 29 April 2020RAK Petroleum plc, the Oslo-listed oil and gas investment company, notes that pursuant to the previously reported statement by the United Kingdom Financial Conduct Authority (“FCA”) requesting that all listed companies observe a moratorium on the publication of preliminary financial statements for at least two weeks and that this be considered for audited full year results, the Company has rescheduled publication of its 2019 Annual Report and Accounts from 31 March 2020 to 30 April 2020.  For further queries, please contact:Kevin TonerManaging DirectorRAK Petroleum plcEmail: kevin.toner@rakpetroleum.ukAbout RAK Petroleum plcRAK Petroleum plc is an Oslo Børs listed oil and gas investment company established under the laws of England and Wales as a public limited company. Its principal holdings are...

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Old National Bancorp to webcast annual shareholders’ meeting

EVANSVILLE, Ind., April 29, 2020 (GLOBE NEWSWIRE) — Old National Bancorp (NASDAQ: ONB) will conduct its Annual Meeting of Shareholders on Thursday, April 30, 2020.  The meeting will begin at 9:00 a.m. CDT at the Old National Bank headquarters at One Main Street, Evansville, Indiana.Shareholders and interested investors may access the live, listen-only presentation by dialing 1-833-760-9831.  Additionally, investors may access the live, listen-only webcast and corresponding presentation slides on the Investor Relations section at oldnational.com, where it will be archived for 12 months.  A replay of the meeting will also be available from Noon Central Time on April 30 through May 7.  To access the replay, dial 1-855-859-2056, conference ID 6763538.ABOUT OLD NATIONALOld National Bancorp (NASDAQ: ONB), the holding company of Old National...

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Enphase Energy en Sunlogics leveren oplossingen voor zonne-energie voor woningen in België

‘S-HERTOGENBOSCH, Nederland, April 29, 2020 (GLOBE NEWSWIRE) — Enphase Energy, Inc. (NASDAQ:ENPH), ‘s werelds toonaangevende leverancier van micro-omvormers voor zonne-energie, kondigde vandaag de samenwerking aan met Sunlogics, een full-service-installateur van zonnepanelen voor woningen die op maat gemaakte oplossingen voor zonne-energie levert aan klanten in België.Sunlogics, heeft zijn hoofdkantoor in Dilsen-Stokkem, België, en heeft zonnepanelen voor woningen geïnstalleerd met een totale capaciteit van meer dan 30 MW, genoeg om tienduizend gezinnen in Belgisch Limburg, Antwerpen en Belgisch Brabant van stroom te voorzien. Het bedrijf heeft voor Enphase gekozen als exclusieve leverancier van micro-omvormers en gebruikt Enphase IQ 7™ en IQ 7+™ micro-omvormers voor de modules van de SunPower® P-serie. Daarnaast zijn de zonne-energiesystemen...

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Oil States Announces First Quarter 2020 Results of Operations

HOUSTON, April 29, 2020 (GLOBE NEWSWIRE) — Oil States International, Inc. (NYSE: OIS) reported a net loss for the first quarter of 2020 of $405.0 million, or $6.79 per share, on revenues of $219.7 million and Consolidated EBITDA (Note A) of $21.9 million. The reported first quarter 2020 net loss included the following significant items, which totaled $396.8 million after-tax, or $6.65 per share:Non-cash goodwill asset impairment charges of $406.1 million ($386.5 million after-tax, or $6.48 per share)Non-cash write-downs of inventory totaling $25.2 million ($20.5 million after-tax, or $0.34 per share)Non-cash fixed asset impairment charge of $5.2 million ($4.1 million after-tax, or $0.07 per share)Severance and downsizing charges totaling $0.7 million ($0.5 million after-tax, or $0.01 per share)Discrete tax benefit of $14.8 million,...

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Pilgrim’s Pride Reports Q1 Net Sales of $3.07 Billion, Operating Income of $84 Million and GAAP EPS of $0.27

GREELEY, Colo., April 29, 2020 (GLOBE NEWSWIRE) — Pilgrim’s Pride Corporation (NASDAQ: PPC) reports first quarter 2020 financial results.First Quarter HighlightsNet Sales of $3.07 billion.Net GAAP Income of $67.3 million, including one-time $0.09 per share gain on case settlement.Operating Income margins of 4.4% in U.S., -7.3% in Mexico and 2.8% in Europe operations, respectively.Adjusted EBITDA of $165.5 million, or a 5.4% margin.Strong focus in execution and dedication by our team members, combined with portfolio strategy of differentiated products, strong Key Customer relationships, and diversified global footprint reducing volatility of specific market conditions, especially under unprecedented Covid-19 impact at end of first quarter.U.S. continues to improve our relative performance versus the industry across all business units,...

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Synergy CHC Corp. Announces Fiscal 2019 Year End Results

Westbrook, Maine, April 29, 2020 (GLOBE NEWSWIRE) — Synergy CHC Corp. (OTCQB: SNYR) (“Synergy” or the “Company”), a consumer health care & beauty company, today reported results for the fiscal year ended December 31, 2019.2019 HighlightsGenerated net cash provided by operating activities of $2.95 million.Repaid $2.05 million of loans.Cash and cash equivalents grew to $1,224,514 from $459,739 in the prior year, an increase of 166%.Reduced payables and accrued liabilities by $3.7 million, a reduction of 44%.Net sales for the fiscal year ended December 31, 2019 were $29.4 million, compared to $33.8 million for fiscal year 2018, a 13% decrease. For fiscal year 2019, net loss was $9.2 million or $0.10 (basic and diluted) loss per share, compared to net loss of $6.2 million or $0.07 (basic and diluted) earnings per share for 2018.We...

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Allied Announces First-Quarter Results and Provides Short-Term and Long-Term Outlook

TORONTO, April 29, 2020 (GLOBE NEWSWIRE) — Allied Properties Real Estate Investment Trust (“Allied”) (TSX: “AP.UN”) today announced results for its first quarter ended March 31, 2020. “Allied propelled strong internal and external growth in the first quarter of 2020, with a mid-single-digit percentage increase in same-asset NOI, FFO per unit and AFFO per unit and an 11.7% increase in NAV per unit,” said Michael Emory, President & CEO. “We also issued unsecured debentures in the aggregate principal amount of $400 million and bearing interest at 3.117% per year for a term of 10 years. Half of the proceeds were used to prepay a $200 million unsecured term loan maturing in 2021, with the result that we now have very little debt maturing in 2020 ($23 million of first mortgage amortization) and 2021 ($27 million...

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Bridge Bancorp, Inc. Reports First Quarter 2020 Results

BRIDGEHAMPTON, N.Y., April 29, 2020 (GLOBE NEWSWIRE) — Bridge Bancorp, Inc. (NASDAQ: BDGE) (the “Company”), the parent company of BNB Bank (“BNB”), today announced first quarter results for 2020.The Company’s first quarter 2020 financial results included:Net income for the 2020 first quarter of $9.3 million, or $0.47 per diluted share.Net interest income for the 2020 first quarter increased $2.3 million over the 2019 first quarter to $36.7 million, with a tax-equivalent net interest margin of 3.26%.Total assets of $5.1 billion at March 31, 2020, 8% higher than March 31, 2019.Loan growth of $371 million, or 11%, compared to March 31, 2019, and $82 million, or 9% annualized, from December 31, 2019.Loan and line of credit originations of $220 million for the first quarter of 2020.Non-public, non-brokered deposit growth of $141...

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UP Fintech Holding Limited Files Its Annual Report on Form 20-F

BEIJING, April 29, 2020 (GLOBE NEWSWIRE) — UP Fintech Holding Limited (NASDAQ: TIGR) (“UP Fintech” or the “Company”), a leading online brokerage firm focusing on global Chinese investors, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2019 with the Securities and Exchange Commission on April 29, 2020. The annual report can be accessed on the Company’s investor relations website at ir.itiger.com.About UP Fintech Holding LimitedUP Fintech Holding Limited is a leading online brokerage firm focusing on global Chinese investors. The Company’s proprietary mobile and online trading platform enables investors to trade in equities and other financial instruments on multiple exchanges around the world. The Company offers innovative products and services as well as a superior user experience...

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XP Inc. Files Its Annual Report on Form 20-F for the Fiscal Year Ended December 31, 2019

SÃO PAULO, Brazil, April 29, 2020 (GLOBE NEWSWIRE) — XP Inc. (Nasdaq: XP), a leading, technology-driven financial services platform and a trusted provider of low-fee financial products and services in Brazil, announced today that it has filed with the U.S. Securities and Exchange Commission (the “SEC”) its Annual Report on Form 20-F for the fiscal year ended December 31, 2019.The report is available on the SEC’s website, at www.sec.gov, and on XP’s Investor Relations website, at https://investors.xpinc.com/.Shareholders can obtain copies of XP’s Annual Report on Form 20-F, free of charge, by making a request within a reasonable period of time to XP’s Investor Relations Department.About XPXP is a leading, technology-driven financial services platform and a trusted provider of low-fee financial products and services in Brazil. XP’s...

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