Month: April 2020
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...
Bridge Bancorp, Inc. Reports First Quarter 2020 Results
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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...
UP Fintech Holding Limited Files Its Annual Report on Form 20-F
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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...
XP Inc. Files Its Annual Report on Form 20-F for the Fiscal Year Ended December 31, 2019
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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...
Fairfax Completes US$650 Million Senior Notes Offering
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TORONTO, April 29, 2020 (GLOBE NEWSWIRE) — Fairfax Financial Holdings Limited (“Fairfax”) (TSX: FFH and FFH.U) has completed its previously announced offering of US$650 million in aggregate principal amount of 4.625% Senior Notes due 2030 (the “Notes”). In connection with the closing of the offering, Fairfax entered into a customary registration rights agreement. Fairfax will use US$500 million of the net proceeds from this offering to repay indebtedness under its unsecured revolving credit facility. The net proceeds in excess of this amount will be used to repay outstanding debt of Fairfax and its subsidiaries and for general corporate purposes of Fairfax and its subsidiaries. This may include the redemption or repurchase of certain of Fairfax’s previously issued senior unsecured notes and/or repayment of additional indebtedness...
TWC Enterprises Limited Announces First Quarter 2020 Results, Eligible Cash Dividend and Provides COVID-19 Update
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KING CITY, Ontario, April 29, 2020 (GLOBE NEWSWIRE) —
Acreage Provides Update on Timing of Filing of Financial Statements for 2019 and First Quarter 2020
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NEW YORK, April 29, 2020 (GLOBE NEWSWIRE) — Acreage Holdings, Inc. (“Acreage” or the “Company”) (CSE: ACRG.U) (OTCQX: ACRGF) (FSE: 0VZ) announces that due to delays caused by the COVID-19 virus, it is utilizing the extension period provided for under BC Instrument 51-515 Temporary Exemption from Certain Corporate Finance Requirements (“Instrument 51-515”), and similar extension periods provided for by the securities commissions in Alberta, Saskatchewan, Manitoba, Ontario, New Brunswick and Nova Scotia, for: (i) the filing of its annual financial statements and related management’s discussion and analysis for its fiscal year ended December 31, 2019 (the “Annual Filings”); (ii) the filing of its interim financial statements and related management’s discussion and analysis for its first quarter in 2020 ended March 31, 2020 (the “Interim...
R1 RCM to Present at the BofA Securities 2020 Health Care Conference
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CHICAGO, April 29, 2020 (GLOBE NEWSWIRE) — R1 RCM Inc. (NASDAQ: RCM), a leading provider of technology-enabled revenue cycle management (RCM) services to healthcare providers, today announced its participation in the BofA Securities 2020 Health Care Conference, scheduled to be held virtually. R1’s management team will present on Wednesday, May 13, 2020 at 3:40 pm ET.A live audio webcast and replay of the presentation will be available on the Investor Relations section of R1’s web site at ir.r1rcm.com. The replay will be available for 90 days following the live webcast.About R1 RCMR1 RCM is a leading provider of technology-enabled RCM services which transform and solve revenue cycle performance challenges across hospitals, health systems and group physician practices. R1’s proven and scalable operating models seamlessly complement...
RGC Resources, Inc. Schedules Second Quarter 2020 Earnings Call
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ROANOKE, Va., April 29, 2020 (GLOBE NEWSWIRE) — RGC Resources, Inc. (NASDAQ: RGCO) will host its quarterly conference call and webcast to review the results of its fiscal second quarter on Friday, May 8 at 9:00 a.m. eastern time. Related presentation materials will be available before the call on the Company website on the Investor & Financial Information page at https://www.rgcresources.com/investor-financial-information/.Interested parties may access the conference call by dialing toll-free 1-800-261-3225 and entering conference identification number 7773810. An archive of the webcast will be available for one year on the website at https://www.rgcresources.com/investor-financial-information/.RGC Resources, Inc. provides energy and related products and services to customers in Virginia through its operating subsidiaries Roanoke...
ISO-Gard® Oxygen Mask Provides Oxygen Delivery While Scavenging Exhaled Breath
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WAYNE, Pa., April 29, 2020 (GLOBE NEWSWIRE) — Teleflex Incorporated (NYSE: TFX), a leading global provider of medical technologies, announced significant production expansion of the ISO-Gard® Mask, a product that supports patients and clinicians when oxygen assistance is required. The expansion is in response to increased demand as healthcare professionals globally work to treat patients with respiratory needs.Medical treatment often requires patient and caregiver to be in close proximity. Exhaled patient breath can present challenges. The ISO-Gard® Mask scavenges, or suctions away, patient exhaled breath from the breathing zone shared by clinicians and patients during care1. The negative pressure design of this oxygen mask enables clinicians to deliver oxygen flows of up to 10 liters per minute while monitoring patient end-tidal...