Month: April 2020

MONTREAL, April 29, 2020 (GLOBE NEWSWIRE) — CN (TSX: CNR) (NYSE: CNI) today announced a public debt offering of US$600 million 2.450% Notes due 2050.  CN expects to close the offering on May 1, 2020, subject to customary closing conditions.CN plans to use the net proceeds from the offering for general corporate purposes, including the redemption and refinancing of outstanding indebtedness, share repurchases, acquisitions and other business opportunities.The debt offering is being made in the United States under an effective shelf registration statement that was filed by CN on February 11, 2020.  The joint book-running managers of the debt offering are: BofA Securities, Inc., Citigroup Global Markets Inc., Scotia Capital (USA) Inc. and Wells Fargo Securities, LLC.  The co-managers of the debt offering are: RBC Capital Markets, LLC,...

MONTRÉAL, 29 avr. 2020 (GLOBE NEWSWIRE) — Le CN (TSX : CNR) (NYSE : CNI) a annoncé aujourd’hui une émission publique de titres d’emprunt de 600 M$ US de billets à 2.450% échéant en 2050. Le CN prévoit clôturer l’émission le 1 mai 2020, sous réserve du respect des exigences de clôture habituelles.Le CN entend affecter le produit net de l’émission aux besoins généraux de la Compagnie, notamment au remboursement par anticipation et au refinancement de titres d’emprunt en circulation, au rachat d’actions, à des acquisitions et à d’autres occasions d’affaires.L’émission de titres d’emprunt est réalisée aux États-Unis en vertu d’une déclaration d’enregistrement préalable, actuellement en vigueur, que le CN a déposée le 11 février 2020. Les chefs de file conjoints de l’émission sont : BofA Securities, Inc., Citigroup Global Markets Inc.,...

Poplar Bluff, Missouri, April 29, 2020 (GLOBE NEWSWIRE) —Poplar Bluff, Missouri – Southern Missouri Bancorp, Inc. (“Company”) (NASDAQ: SMBC), the parent corporation of Southern Bank (“Bank”), today announced preliminary net income available to common stockholders for the third quarter of fiscal 2020 of $5.1 million, a decrease of $2.0 million, or 28.1%, as compared to the same period of the prior fiscal year. The decrease was attributable to increases in the provision for loan losses and noninterest expense, and decreased noninterest income, partially offset by an increase in net interest income and a decrease in the provision for income taxes. Preliminary net income was $.55 per fully diluted common share for the third quarter of fiscal 2020, a decrease of $.21 as compared to the $.76 per fully diluted common share reported...

STAMFORD, Conn., April 29, 2020 (GLOBE NEWSWIRE) — Independence Holding Company (NYSE: IHC) announced today that it has entered the Medicare Supplement Insurance Market (Medigap), with an initial launch by Independence American Insurance Company (IAIC) in Iowa, Mississippi, Oklahoma and Utah.   By July, we expect to have 15 states, including Texas, and by the 2021 Annual Enrollment Period (AEP) that begins on October 15, 2020, IAIC intends to have Medigap plans in approximately 30 states.  IAIC Medicare Supplement has a variety of plans for consumers that will provide coverage that best meets their needs. IAIC’s first core Medicare Supplement offering will include plans A and F, as well as plans G and N.  The plans have competitive rates, point-of-sale underwriting, easy-to-use e-application with voice signature and e-signature capabilities.“This...

VANCOUVER, British Columbia, April 29, 2020 (GLOBE NEWSWIRE) — WOW! Unlimited Media Inc. (“WOW!” or the “Company”) (TSX-V: WOW; OTCQX: WOWMF) announced its fourth quarter and fiscal year-end results for the period ended December 31, 2019.The Company completed its third full year of operations with revenue of $103.9 million in 2019, as compared to $78.6 million in 2018.2019 HIGHLIGHTSOperating highlightsCastlevania season 3, produced by WOW!’s Frederator Studios, was released on Netflix worldwide on March 5, 2020, to rave reviews. On the heels of this success, on March 27, 2020, Netflix announced the renewal for a fourth season of Castlevania. The title has enjoyed extensive ongoing coverage by numerous media outlets and entertainment publications.  In addition to “Top 10” designations from Netflix across dozens of territories, the...

CALGARY, Alberta, April 29, 2020 (GLOBE NEWSWIRE) — Champion Bear Resources Ltd. (TSXV: CBA-V) (“Champion Bear” or the “Company“) announces that due to circumstances created by the COVID-19 pandemic, it is relying on Blanket Order 51-517 – Temporary Exemption from Certain Corporate Finance Requirements of the Alberta Securities Commission (“ASC 51-517“) (and similar exemptions provided by the British Columbia and Ontario Securities Commissions), to postpone the filing of the certain continuous disclosure documents required by National Instrument 51-102 – Continuous Disclosure Documents (“NI 51-102“).  In particular, the Company will be relying on the temporary exemption pursuant to ASC 51-517 in respect to the following provisions.the requirement to file audited financial statements...

2020 First Quarter HighlightsAs publicly announced on January 13, 2020, ACNB Corporation acquired Frederick County Bancorp, Inc. and its wholly-owned subsidiary, Frederick County Bank, headquartered in Frederick, MD, effective January 11, 2020, with systems conversions completed in March 2020. This transaction added $444,241,000 in assets, $374,058,000 in deposits, and $329,917,000 in loans to ACNB Corporation’s balance sheet. Net loss for the three months and quarter ended March 31, 2020, totaled $1,223,000, with basic loss per share of $0.14, primarily due to one-time merger-related expenses of $5,965,000 and a higher provision for loan losses of $4,000,000 as a result of a large unanticipated charge-off of one loan relationship and the potential economic impact of the Coronavirus Disease 2019 (COVID-19) pandemic. Without the nonrecurring...

VANCOUVER, British Columbia, April 29, 2020 (GLOBE NEWSWIRE) — Endeavour Silver Corp. (NYSE: EXK) (TSX: EDR) announces that the Mexican government has decreed an extension of the suspension of all non-essential activities until May 30, 2020.  However, the suspension of activities will cease to be applicable as of May 18, 2020 in municipalities that present low or no known cases or transmission of the SARS-CoV2 virus, subject to criteria to be defined by the Secretariat of Health.Mining was previously deemed by the Mexican health authority to be a non-essential activity, leading Endeavour to suspend its three mining operations on April 1, 2020.  However, the Company’s three mines are located in municipalities with low or no transmission of the SARS-CoV2 virus.  Therefore, Endeavour now anticipates reopening its mines around May 18,...

WAYNE, Pa., April 29, 2020 (GLOBE NEWSWIRE) — Teleflex Incorporated (NYSE: TFX), a leading global provider of medical technologies for critical care and surgery, has been awarded group purchasing agreements for Central Venous Access and Arterial Access with Premier, effective July 1.Premier has awarded Teleflex a multi-source Central Venous Access Product and sole source Arterial Catheter agreement for National members. A sole-source Central Venous Access Product agreement was awarded for Ascend members.Premier is a leading healthcare improvement company, uniting an alliance of approximately 4,000 U.S. hospitals and 175,000 other providers to transform healthcare. With integrated data and analytics, collaboratives, supply chain solutions, and advisory and other services, Premier enables better care and outcomes at a lower cost.These...

NEW YORK, April 29, 2020 (GLOBE NEWSWIRE) — Pzena Investment Management, Inc. (NYSE: PZN) (the “Company”) today announced that it will hold its 2020 Annual Meeting of Stockholders (the “Annual Meeting”) on May 19, 2020 at 10 a.m. Eastern Time in a virtual meeting format only. Stockholders will not be able to attend the Annual Meeting physically.As described in the proxy materials for the Annual Meeting previously distributed, all holders of common stock as of March 23, 2020 (the “Record Date”) will be entitled to vote at the Annual Meeting. To be admitted to the virtual Annual Meeting at http://www.virtualshareholdermeeting.com/PZN2020, stockholders must enter the control number found on their proxy card or voting instruction form that they have previously received. Once admitted to the Annual Meeting, stockholders may submit questions...