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Month: April 2020

OceanFirst Financial Corp. Announces First Quarter Earnings and Financial Results

RED BANK, N.J., April 23, 2020 (GLOBE NEWSWIRE) — OceanFirst Financial Corp. (NASDAQ:“OCFC”), (the “Company”), the holding company for OceanFirst Bank N.A. (the “Bank”), today announced that net income was $16.5 million, or $0.27 per diluted share, for the quarter ended March 31, 2020, as compared to $21.2 million, or $0.42 per diluted share, for the corresponding prior year period.The results of operations for the quarter ended March 31, 2020 include merger related expenses, branch consolidation expenses, and the Two River Bancorp (“Two River”) and Country Bank Holding Company, Inc. (“Country Bank”) opening credit loss expense under the Current Expected Credit Loss (“CECL”) model, which decreased net income, net of tax benefit, by $10.4 million. Excluding these items, core earnings for the quarter ended March 31, 2020 was $27.0...

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Pulse Seismic Inc. Announces Voting Results at Shareholders’ Annual Meeting

CALGARY, Alberta, April 23, 2020 (GLOBE NEWSWIRE) — Pulse Seismic Inc. (TSX:PSD) (OTCQX:PLSDF) (“Pulse” or the “Company”) announced today the voting results from its annual meeting held in Calgary, Alberta on April 23, 2020. Each of the nominee directors listed in the Company’s management proxy circular dated March 16, 2020 was elected as a director, with a vote being conducted by ballot:The “Say on Pay” shareholder advisory vote on Pulse’s approach to executive compensation was approved by 99.78% of the votes cast.The report on voting for the Meeting will be available at www.sedar.com and on the Company’s website at www.pulseseismic.com.An instant replay of the recorded annual meeting is available until May 23, 2020 by calling toll free at 1-800-408-3053 or local in Calgary at 905-694-9451, using passcode  6436963# . A recording...

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Crown Point Announces Operating and Financial Results for the Three Months and Year Ended December 31, 2019

CALGARY, Alberta, April 23, 2020 (GLOBE NEWSWIRE) — TSX-V:  CWV: Crown Point Energy Inc. (“Crown Point”, the “Company” or “we“) today announced its operating and financial results for the three months and year ended December 31, 2019. Copies of the Company’s audited consolidated financial statements and management’s discussion and analysis (“MD&A”) filings for the year ended December 31, 2019 are being filed with Canadian securities regulatory authorities and will be made available under the Company’s profile at www.sedar.com and on the Company’s website at www.crownpointenergy.com. All dollar figures are expressed in United States dollars (“USD”) unless otherwise stated.In the following discussion, the three months and year ended December 31, 2019 may be referred to as “Q4 2019” and “YE 2019” or “2019”,...

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Zoom Video Communications, Inc. to Join the NASDAQ-100 Index Beginning April 30, 2020

NEW YORK, April 23, 2020 (GLOBE NEWSWIRE) — Nasdaq (Nasdaq: NDAQ) today announced that Zoom Video Communications, Inc. (Nasdaq: ZM), will become a component of the NASDAQ-100 Index® (Nasdaq: NDX), the NASDAQ-100 Equal Weighted Index (Nasdaq: NDXE) and the NASDAQ-100 Ex-Tech Sector Index (Nasdaq: NDXX) prior to market open on Thursday, April 30, 2020. Zoom Video Communications, Inc. will replace Willis Towers Watson (Nasdaq: WLTW) in the NASDAQ-100 Index®, the NASDAQ-100 Equal Weighted Index and the NASDAQ-100 Ex-Tech Sector Index (Nasdaq: NDXX) prior to market open on Thursday, April 30, 2020.For more information about Zoom, go to https://www.zoom.us/.About NasdaqNasdaq (Nasdaq: NDAQ) is a global technology company serving the capital markets and other industries. Our diverse offering of data, analytics, software and services enables...

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Genocea to Host First Quarter 2020 Corporate Update Conference Call & Webcast

CAMBRIDGE, Mass., April 23, 2020 (GLOBE NEWSWIRE) — Genocea Biosciences, Inc. (NASDAQ: GNCA), a biopharmaceutical company developing next-generation neoantigen immunotherapies, will host its first quarter 2020 financial results and corporate update conference call and live audio webcast on Thursday, April 30th at 8:30 a.m. EDT. Interested participants may access the conference call by dialing (844) 826-0619 (domestic) or (315) 625-6883 (international) and referring to conference ID number 4855738. To join the live webcast, please visit the presentation page of the investor relations section of the Genocea website at https://ir.genocea.com/events-and-presentations. A webcast replay will be available on the Genocea website beginning approximately two hours after the event and will be archived for 90 days.Additionally, Genocea will...

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HC2 Holdings Issues Statement On ISS Report

HC2 URGES STOCKHOLDERS TO OPPOSE PERCY ROCKDALE’S PROPOSALS AND AGREES WITH ISS RECOMMENDATION TO VOTE AGAINST GORZYNKSI, GREENWOOD AND HICKEYISS Questions the Viability of Percy Rockdale’s Strategy and Highlights Percy Rockdale’s Potential Short-Term Focus Could Put Long-Term Stockholders’ Investment at RiskISS Recommends AGAINST Gorzynski and Questions Gorzynski’s Ability as Interim CEO and Board Member Given His Lack of Experience as a Public Company Executive or DirectorISS Supports HC2’s Nomination of Avram Glazer to the Board at Upcoming 2020 Annual Meeting and His Appointment as Chairman Upon ElectionHC2 Recommends Stockholders Sign, Date and Promptly Return the WHITE Consent Revocation Card and Mark “REVOKE MY CONSENT” Boxes to Oppose Each of Percy Rockdale’s Proposals and Support HC2’s Independent, Experienced and Highly-Qualified...

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Le réseau de TELUS est en tête du classement des réseaux mobiles canadiens de J.D. Power

TORONTO, 23 avr. 2020 (GLOBE NEWSWIRE) — Aujourd’hui, TELUS a annoncé fièrement qu’elle se classait au premier rang en matière de qualité du réseau dans l’Est du Canada et qu’elle arrivait ex æquo en première position en Ontario selon l’étude 2020 sur la qualité des réseaux mobiles du Canada de J.D. Power. Il s’agit de la sixième année consécutive où J.D. Power accorde la première place à TELUS pour la qualité de son réseau dans au moins une des régions évaluées, ce qui confirme l’excellence du réseau de TELUS à l’échelle du pays.« Cette reconnaissance pluriannuelle de J.D. Power est le reflet des investissements cruciaux de TELUS dans son infrastructure de réseau et sa technologie mobile. Comme le nombre de personnes qui travaillent, étudient et passent du temps à la maison n’a jamais été aussi élevé, il est crucial pour les Canadiens...

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Watford Announces Expected Impact of COVID-19 on 2020 First Quarter Results

PEMBROKE, Bermuda, April 23, 2020 (GLOBE NEWSWIRE) — Watford Holdings Ltd. (the “Company”) [Nasdaq: WTRE] announced that it estimates that its 2020 First Quarter earnings will include a net investment loss of approximately $265 million due to investment market volatility caused by the economic shutdown mandated by governments around the world related to the COVID-19 virus.The net investment loss is predominantly comprised of unrealized mark-to-market losses to the Company’s non-investment grade fixed-income portfolio.  The impact of unrealized mark-to-market losses on net income is estimated to be approximately $290 million. Realized losses in the quarter are estimated to be approximately $6 million.In addition, the Company expects that its book value will be impacted by unrealized mark-to-market losses to its investment...

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Founders Advantage Releases 2019 Q4 and Annual Results; Subsidiaries Report Record 2019 Adjusted EBITDA

CALGARY, Alberta, April 23, 2020 (GLOBE NEWSWIRE) — Founders Advantage Capital Corp. (TSX-V: FCF) (“FAC” or the “Corporation”) is pleased to report its financial results for the three months and year ended December 31, 2019 (“Q4-2019” and “annual”, respectively). For complete information, readers should refer to the audited consolidated financial statements and management discussion and analysis which are available on SEDAR at www.sedar.com and on the Corporation’s website at www.advantagecapital.ca. All amounts are presented in Canadian dollars unless otherwise stated.

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Fura Secures Ministry Approval for Acquisition of Ruby Licence in Mozambique

TORONTO, April 23, 2020 (GLOBE NEWSWIRE) — Fura Gems Inc. (“Fura” or the “Company”) (TSXV: FURA, OTC: FUGMF and FRA: BJ43), a gemstone mining and marketing company with emerald, ruby and sapphire assets in Colombia, Mozambique and Australia, respectively, is pleased to announce that it has received formal approval from the Ministry of Mineral Resources and Energy of Mozambique (“MIREM”) and has completed the previously announced acquisition of SLR Mining, Limitada, a Mozambican mining company holding 100% of each of ruby mining concession 8955C and ruby exploration licence 7414L. In accordance with the share purchase agreement dated February 4, 2020 entered into by a wholly owned subsidiary of the Company and GemRock Company Ltd. (“GemRock”), as amended, (the “Share Purchase Agreement”) Fura paid GemRock US$2.1 million upon completion...

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