Day: April 30, 2020

LUBBOCK, Texas, April 30, 2020 (GLOBE NEWSWIRE) — South Plains Financial, Inc. (NASDAQ:SPFI) (“South Plains” or the “Company”), the parent company of City Bank (“City Bank” or the “Bank”), today reported its financial results for the quarter ended March 31, 2020. First Quarter 2020 HighlightsNet income for the first quarter of 2020 was $7.1 million, compared to $4.8 million for the first quarter of 2019.Diluted earnings per share for the first quarter of 2020 was $0.38, compared to $0.32 for the first quarter of 2019.Average cost of deposits for the first quarter of 2020 declined 11 basis points to 65 basis points, compared to 76 basis points for the fourth quarter of 2019.The provision for loan losses in the first quarter of 2020 was $6.2mm, compared to $896,000 for the first quarter of 2019, due to the economic uncertainty related...

WESTPORT, Conn., April 30, 2020 (GLOBE NEWSWIRE) — Terex Corporation (NYSE: TEX) today announced a first quarter 2020 loss from continuing operations of $(24.7) million, or $(0.35) per share, on net sales of $833.6 million.  In the first quarter of 2019, the reported income from continuing operations was $57.2 million, or $0.79 per share, on net sales of $1.1 billion.  This compares to income from continuing operations, as adjusted, of $62.3 million or $0.87 per share in the first quarter of 2019. The Glossary at the end of this press release contains further details regarding these non-GAAP measures.John L. Garrison, Jr., Terex Chairman and CEO, commented, “First and foremost, we have taken measures to prioritize the health and safety of our team members, families and customers during the COVID-19 pandemic.”Mr. Garrison continued,...

2020 First Quarter Highlights:                    Net income of $2.4 million, or $0.08 per diluted share, down from $3.1 million, or $0.10 per diluted share for the prior quarter and down from $14.7 million or $0.48 per diluted share from the same quarter a year ago; 2020 first quarter results included credit loss expense of $15.7 million.Loans receivable of $4.54 billion, down 1.4% from the prior quarter and down 0.7% year-over-year reflecting the strategy of allowing residential mortgages to run-off and shifting the mix of the portfolio to higher-yielding loans; first quarter loan production up 16.0% from the same quarter last year.Deposits of $4.58 billion, down 2.5% from the prior quarter and down 4.9% year-over-year reflecting the decline in higher-costing time deposits; first quarter cost of interest-bearing deposits declined 19...

EVANSTON, Ill., April 30, 2020 (GLOBE NEWSWIRE) — Fidus Investment Corporation (NASDAQ:FDUS) (“Fidus” or the “Company”), a provider of customized debt and equity financing solutions, primarily to lower middle-market companies based in the United States, today announced its financial results for the first quarter ended March 31, 2020.First Quarter 2020 Financial HighlightsTotal investment income of $20.0 millionNet investment income of $17.4 million, or $0.71 per shareAdjusted net investment income of $8.5 million, or $0.35 per share(1)Net decrease in net assets resulting from operations of $(27.0) million, or $(1.10) per shareInvested $68.2 million in debt and equity securities, including three new portfolio companiesReceived proceeds from repayments and realizations of $73.8 million, recognizing $30.3 million in net realized gainsPaid...

VANCOUVER, British Columbia, April 30, 2020 (GLOBE NEWSWIRE) — Today, TELUS ranked first internationally as a leading corporate citizen for its efforts to support Canadians during the COVID-19 pandemic by DidTheyHelp.com. The Heroes leaderboard ranks global brands and individuals by awarding a point for each positive action and good deed they make. This third party recognition underpins the deep commitment TELUS team members have in keeping our citizens safe and connected during this health emergency and beyond.“I am exceptionally proud of the TELUS team’s incredible commitment to give where we live, which has earned TELUS an amazing first place ranking on the “Heroes Leaderboard”. This recognition is thanks to our team members and their incredibly generous contribution of time, funding and intellectual energy in support of those...

Paris, April 30, 2020SMCP SA: Publication of the 2019 Universal Registration DocumentSMCP SA announces the publication of its 2019 Universal Registration Document (Document d’Enregistrement Universel 2019) including the annual financial report for the 2019 fiscal year, filed with the French Financial Markets Authority (the Autorité des Marchés Financiers – AMF) on April 30, 2020.The 2019 Universal Registration Document includes notably:the annual financial report for the fiscal year ended December 31, 2019the board of directors’ report on corporate governance pursuant to the provisions of Articles L.225-37 et seq. of the French Commercial codethe 2019 statement of non-financial performance (Déclaration de performance extra-financière – DPEF), as well as the Independent Supervisory Body’s Report thereonThe French and English versions of...

Paris, le 30 avril 2020SMCP SA : Mise à disposition du Document d’Enregistrement Universel 2019SMCP SA annonce la publication de son Document d’Enregistrement Universel 2019 incorporant le rapport financier annuel pour l’exercice clos le 31 décembre 2019, qui a été déposé auprès de l’Autorité des Marchés Financiers (AMF) le 30 avril 2020.Le Document d’Enregistrement Universel 2019 contient notamment :le rapport financier annuel pour l’exercice clos le 31 décembre 2019le rapport du Conseil d’Administration sur le gouvernement d’entreprise en application des dispositions des articles L.225-37 et suivants du Code de commerce la déclaration de performance extra-financière (DPEF) 2019 ainsi que le rapport de vérification de l’organisme indépendant y afférentLe Document d’Enregistrement Universel 2019 est disponible en version française et anglaise...