Atlantic Union Bank Helps 10,000 Small Businesses Receive $1.7 Billion Through the SBA Paycheck Protection Program

Written by Customer Service on April 30, 2020. Posted in Public Companies.

RICHMOND, Va., April 30, 2020 (GLOBE NEWSWIRE) — Atlantic Union Bank today announced that it has successfully received Small Business Administration (SBA) approval for more than 10,000 loans totaling over $1.7 billion through the Paycheck Protection Program (PPP). The Bank reports that approximately 80 percent of the clients to whom it has originated PPP loans operate businesses with less than 20 employees, with the median size for all loans made being approximately $45,000. The Bank plans to continue processing loans for current and new customers until the current round of PPP funding is depleted.“Since the SBA PPP was announced, we have kept our customers and our communities at the center of all our decisions related to the program. We continued to accept loan applications after the first round of funding closed, we continued...

Provident Financial Holdings Announces Quarterly Cash Dividend

Written by Customer Service on April 30, 2020. Posted in Public Companies.

RIVERSIDE, Calif., April 30, 2020 (GLOBE NEWSWIRE) — Provident Financial Holdings, Inc. (“Company”), NASDAQ GS: PROV, the holding company for Provident Savings Bank, F.S.B., today announced that the Company’s Board of Directors declared a quarterly cash dividend of $0.14 per share. Shareholders of the Company’s common stock at the close of business on May 21, 2020 will be entitled to receive the cash dividend. The cash dividend will be payable on June 11, 2020.Safe-Harbor StatementCertain matters in this News Release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements may relate to, among others, expectations of the business environment in which the Company operates, projections of future performance, perceived opportunities in...

Omni-Lite Industries Announces Receipt of Loan Proceeds Under Paycheck Protection Program

Written by Customer Service on April 30, 2020. Posted in Public Companies.

LOS ANGELES, April 30, 2020 (GLOBE NEWSWIRE) — Omni-Lite Industries Canada Inc. (the “Company” or “Omni-Lite”; TSXV: OML), a leading developer and manufacturer of mission critical, precision components utilized by Fortune 100 companies in the defense and aerospace industries, today announced that it has received loan proceeds in the amount of $818,700 (the “PPP Funds”) and entered into a loan agreement with City National Bank pursuant to the Paycheck Protection Program (“PPP”). The PPP was established as part of the Coronavirus Aid, Relief and Economic Security Act (“CARES Act”) in order to enable small businesses to pay employees during the economic slowdown caused by COVID-19 by providing forgivable loans to qualifying businesses for up to 2.5 times their average monthly payroll costs. The amount borrowed by the Company under...

Digerati Technologies Provides Update of its Planned Acquisition of Nexogy, Inc. and LOI for Fourth Acquisition

Written by Customer Service on April 30, 2020. Posted in Public Companies.

SAN ANTONIO, April 30, 2020 (GLOBE NEWSWIRE) — Globe Newswire – Digerati Technologies, Inc. (OTCQB: DTGI) (“Digerati” or the “Company”), a provider of cloud services specializing in UCaaS (Unified Communications as a Service) solutions for the small to medium-sized business (SMB) market, is pleased to provide an update to its previously announced (from September 24, 2019) definitive agreement to acquire Miami-based Nexogy, Inc. (“Nexogy”), a leading provider of cloud communication and broadband solutions tailored for businesses.The Company and Nexogy have extended the outside date for closing the transaction to June 30, 2020. The Company’s fourth (4th) acquisition under LOI, which is planned to close simultaneously with the Nexogy transaction, has also been extended.As previously announced, the Company...

Ferroglobe PLC Announces Delay in Filing Form 20-F Due to COVID-19

Written by Customer Service on April 30, 2020. Posted in Public Companies.

LONDON, April 30, 2020 (GLOBE NEWSWIRE) — Ferroglobe PLC (NASDAQ:GSM) (“Ferroglobe”, “the Company”, “we” or “our”), a global, leading producer of silicon metal, and a leading silicon- and manganese-based specialty alloys producer, announced today that there will be a delay in the filing of its annual report on SEC Form 20-F for the year ended December 31, 2019 (“Annual Report”).With the uncertainties created by the COVID-19 pandemic and potential implications for Ferroglobe’s operating environment and financial results, the Company continues to prepare financial scenarios for the near-term, which its external auditor is auditing. The time and attention needed to gather and present relevant information to the auditors has impeded the Company’s ability to complete its Annual Report by the April 30, 2020 due date. As a result, the...

Fairfax Africa Holdings Corporation: First Quarter Financial Results

Written by Customer Service on April 30, 2020. Posted in Public Companies.

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES(Note: All dollar amounts in this news release are expressed in U.S. dollars except as otherwise noted. The financial results are prepared using the recognition and measurement requirements of International Financial Reporting Standards, except as otherwise noted, and are unaudited.)TORONTO, April 30, 2020 (GLOBE NEWSWIRE) — Fairfax Africa Holdings Corporation (TSX: FAH.U) announces a net loss of $121.8 million in the first quarter of 2020 ($2.05 net loss per diluted share), compared to a net loss of $21.5 million in the first quarter of 2019 ($0.35 net loss per diluted share), reflecting increased net unrealized losses on investments and net foreign exchange losses in the quarter.Highlights in the first quarter of 2020 included the following:Net...

Freddie Mac Prices $1.1 Billion Multifamily K-Deal, K-108

Written by Customer Service on April 30, 2020. Posted in Public Companies.

MCLEAN, Va., April 30, 2020 (GLOBE NEWSWIRE) — Freddie Mac (OTCQB: FMCC) recently priced a new offering of Structured Pass-Through Certificates (K Certificates), which are backed by underlying collateral consisting of fixed-rate multifamily mortgages with predominantly 10-year terms. The company expects to issue approximately $1.1 billion in K Certificates (K-108 Certificates), which are expected to settle on or about May 7, 2020.K-108 PricingDetailsCo-Lead Managers and Joint Bookrunners: Citigroup Global Markets Inc. and Wells Fargo Securities, LLCCo-Managers: J.P. Morgan Securities LLC, Multi-Bank Securities, Inc., Performance Trust Capital Partners, LLC and PNC Capital Markets LLCRating Agencies: Fitch Ratings, Inc. and Kroll Bond Rating Agency, Inc.Related LinksThe K-108 Preliminary Offering Circular Supplement: http://www.freddiemac.com/mbs/data/k108oc.pdf...

WSFS Management to Hold Meetings with Analysts and Investors at the D.A. Davidson Financial Institutions Virtual Conference

Written by Customer Service on April 30, 2020. Posted in Public Companies.

WILMINGTON, Del., April 30, 2020 (GLOBE NEWSWIRE) — WSFS Financial Corporation (Nasdaq: WSFS), the parent company of WSFS Bank, will participate at the D.A. Davidson Financial Institutions Virtual Conference, Wednesday, May 6 through Friday, May 8, 2020. Rodger Levenson, WSFS’ Chairman, President and Chief Executive Officer, and Dominic C. Canuso, WSFS’ Executive Vice President and Chief Financial Officer will host one-on-one meetings with analysts and investors.Presentation Materials: Presentation slides will be included as part of the meetings and will also be available on WSFS’ Investor Relations page on Monday, http://investors.wsfsbank.com/. WSFS’ earning supplement can be found here.About WSFS Financial CorporationWSFS Financial Corporation is a multi-billion-dollar financial services company. Its primary subsidiary, WSFS...

360 Finance Filed 2019 Annual Report on Form 20-F

Written by Customer Service on April 30, 2020. Posted in Public Companies.

SHANGHAI, China, April 30, 2020 (GLOBE NEWSWIRE) — 360 Finance, Inc. (NASDAQ: QFIN) (“360 Finance” or the “Company”), a leading digital consumer finance platform, today announced that it has filed its annual report on Form 20-F for the fiscal year ended December 31, 2019 with the Securities and Exchange Commission on April 30, 2020. The annual report can be accessed on the Company’s investor relations website at https://ir.360jinrong.net/. The Company will provide a hard copy of the annual report containing its audited consolidated financial statements, free of charge, to its shareholders and ADS holders upon request.About 360 Finance360 Finance, Inc. (NASDAQ: QFIN) (“360 Finance” or the “Company”) is a leading digital consumer finance platform and the finance partner of the 360 Group. The Company provides tailored online consumer...

PDC Energy Announces First Quarter 2020 Conference Call – Friday, May 8, 2020

Written by Customer Service on April 30, 2020. Posted in Public Companies.

DENVER, April 30, 2020 (GLOBE NEWSWIRE) — PDC Energy, Inc. (“PDC” or the “Company”) (Nasdaq:PDCE) today announced plans to host a conference call to discuss first quarter 2020 results. The Company plans to issue its first quarter 2020 news release after market close on Thursday, May 7, followed thereafter by additional materials. The release and materials will be available on the Company’s website, www.pdce.com. Conference Call and Webcast:Date/Time: Friday, May 8, 2020 at 11:00 a.m. ETDomestic (toll free): 877-312-5520International: 1-253-237-1142Conference ID: 1661099Webcast: available at www.pdce.comReplay Information:Domestic (toll free): 855-859-2056International: 1-404-537-3406Conference ID: 1661099Webcast Replay: available for six months at www.pdce.com About PDC Energy, Inc.PDC Energy, Inc. is a domestic independent exploration...

Month: April 2020

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