Day: July 21, 2020
NORTH LIBERTY, Iowa, July 21, 2020 (GLOBE NEWSWIRE) — Heartland Express, Inc. (“Heartland”) (NASDAQ: HTLD) today announced an agreement pursuant to which an underwriter has agreed to purchase 3,260,870 shares of Heartland’s common stock from a selling stockholder, which will be offered to the public at a price per share of $20.50. In addition, the underwriter has a 30-day option to purchase up to an additional 489,130 shares of common stock from the selling stockholder. Heartland will not receive any proceeds from the offering.Morgan Stanley is the underwriter for the offering. The shares are being offered pursuant to an effective shelf registration statement filed with the Securities and Exchange Commission (the “Commission”). The offering is being made only by means of a prospectus and related preliminary prospectus supplement,...
Northeast Bank Announces Share Repurchase Program
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PORTLAND, Maine, July 21, 2020 (GLOBE NEWSWIRE) — Northeast Bank (the “Bank”) (NASDAQ: NBN) announced today that its Board of Directors has approved a share repurchase program to purchase up to $10.2 million of common stock, or up to 600,000 shares of its common stock, representing approximately 7.3% of the Bank’s outstanding common stock.Repurchases under this program may be made in open market transactions. The timing and actual number of shares repurchased will depend on a variety of factors including price, corporate and regulatory requirements, market conditions, and other corporate liquidity requirements and priorities. The repurchase program does not obligate the Bank to purchase any particular number of shares.The repurchase program may be suspended or terminated at any time without prior notice, and it will expire July...
Constellation Software Inc. Announces Release Date for Second Quarter Results
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TORONTO, July 21, 2020 (GLOBE NEWSWIRE) — Constellation Software Inc. (TSX:CSU) announced today it will release its second quarter results on August 6, 2020.The Company’s quarterly results will be disseminated via press release and made available on the Company’s website (www.csisoftware.com) and SEDAR, after the Toronto Stock Exchange closes on Thursday, August 6, 2020. As outlined in Constellation’s press release on February 23, 2018, Constellation has ceased holding conference calls to discuss the Company’s quarterly financial results. In lieu of the quarterly calls the Company has created a link on its website where shareholders can submit questions to management. Periodically the Company will publish responses to selected questions received. The Company believes this Q&A facility will eventually prove to be a more effective...
Pulse Seismic Inc. Reports Q2 2020 Results
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CALGARY, Alberta, July 21, 2020 (GLOBE NEWSWIRE) — Pulse Seismic Inc. (TSX:PSD) (OTCQX:PLSDF) (“Pulse” or the “Company”) is pleased to report its financial and operating results for the three and six months ended June 30, 2020. The unaudited condensed consolidated interim financial statements, accompanying notes and MD&A are being filed on SEDAR (www.sedar.com) and will be available on Pulse’s website at www.pulseseismic.com.HIGHLIGHTS FOR THE THREE AND SIX MONTHS ENDED JUNE 30, 2020Data library sales revenue was $1.9 million for the three months ended June 30, 2020 compared to $10.6 million for the three months ended June 30, 2019. Data library sales revenue was $4.0 million for the six months ended June 30, 2020 compared to $15.9 million for the six months ended June 30, 2019;Net loss for the three months ended June 30, 2020...
Wintrust Financial Corporation Reports Second Quarter 2020 Net Income of $21.7 million and Year-to-Date Net Income of $84.5 million
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ROSEMONT, Ill., July 21, 2020 (GLOBE NEWSWIRE) — Wintrust Financial Corporation (“Wintrust” or “the Company”) (Nasdaq: WTFC) announced net income of $21.7 million or $0.34 per diluted common share for the second quarter of 2020, a decrease in diluted earnings per common share of 67.3% compared to the prior quarter and a decrease of 75.4% compared to the second quarter of 2019. The Company recorded net income of $84.5 million or $1.38 per diluted common share for the first six months of 2020 compared to net income of $170.6 million or $2.91 per diluted common share for the same period of 2019.Highlights of the Second Quarter of 2020:Comparative information to the first quarter of 2020Total assets increased by $4.7 billion, including $3.3 billion of Paycheck Protection Program (“PPP”) loans, net of fees.Total loans increased...
Acreage Files Preliminary Proxy Statement for Proposed Amended Plan of Arrangement
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NEW YORK, July 21, 2020 (GLOBE NEWSWIRE) — Acreage Holdings, Inc. (the “Company” or “Acreage”) (CSE:ACRG.U, OTCQX: ACRGF, FSE:0VZ) announced today that it has filed a preliminary proxy statement (the “Preliminary Proxy Statement”) with the Securities and Exchange Commission (the “SEC”) for a special meeting of shareholders (the “Meeting”) to consider the previously announced agreement with Canopy Growth Corporation (“Canopy Growth”), pursuant to which the parties are proposing to enter into an amending agreement (the “Amending Agreement”) to (i) amend the terms of the existing arrangement agreement between the Company and Canopy Growth dated April 18, 2019, as amended on May 15, 2019 (the “Arrangement Agreement”), (ii) amend and restate the existing plan of arrangement (the “Amended Plan of Arrangement”) and (iii) implement the...
PRGX Global, Inc. to hold Second Quarter 2020 Financial Results Call on July 28, 2020
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ATLANTA, July 21, 2020 (GLOBE NEWSWIRE) — PRGX Global, Inc. (Nasdaq: PRGX), a global leader in Recovery Audit and Spend Analytics services, today announced that the company will release its financial results for the second quarter 2020 shortly after 4:00 PM (Eastern time) on Tuesday July 28, 2020. Management will hold a conference call later that day at 5:00 PM (Eastern time) to discuss those results.To access the conference call, listeners in the U.S. and Canada should dial (877) 755-7423 at least 5 minutes prior to the start of the conference. Listeners outside the U.S. and Canada should dial (678) 894-3069. To be admitted to the call, listeners should use passcode 9289271.This teleconference will also be audiocast on the Internet at www.prgx.com (click on “Events & Presentations” under “Investors”)....
Property Solutions Acquisition Corp. Announces Pricing of $200 Million Initial Public Offering
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New York, NY, July 21, 2020 (GLOBE NEWSWIRE) — Property Solutions Acquisition Corp. (NASDAQ: PSACU) (the “Company”) announced today that it priced its initial public offering of 20,000,000 units at $10.00 per unit. The units will commence trading on July 22, 2020 on the Nasdaq Capital Market under the symbol “PSACU.”The underwriters have been granted a 45-day option to purchase up to an additional 3,000,000 units offered by the Company to cover over-allotments, if any.The offering is expected to close on or about July 24, 2020, subject to customary closing conditions.EarlyBirdCapital, Inc. is acting as the sole book-running manager of the offering. I-Bankers Securities, Inc. is acting as co-manager of the offering.A registration statement relating to these securities has been declared effective by the Securities and Exchange Commission...
Calvin B. Taylor Bankshares, Inc. (OTCQX: TYCB), Parent Company of Calvin B. Taylor Bank, Reports Second-Quarter 2020 Financial Results
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Berlin, Maryland, July 21, 2020 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — Calvin B. Taylor Bankshares, Inc. (the “Company”) (OTCQX: TYCB), parent company of Calvin B. Taylor Bank, today reported unaudited financial results for the second-quarter ending June 30, 2020. Net income was $2.03 million, or $0.73 per share, for the second-quarter ended June 30, 2020 (“2Q20”), as compared to $2.27 million, or $0.81 per share, for the second-quarter ended June 30, 2019 (“2Q19”) and $1.91 million, or $0.69 per share, for the first-quarter ended March 31, 2020 (“1Q20”). Additional highlights of the company’s financial results are included below.Results of OperationsNet interest income was $4.96 million in 2Q20, which remained unchanged as compared to 2Q19 and 1Q20. Continued organic loan growth contributed to higher net interest income...
Douglas Dynamics, Inc. Announces Second Quarter 2020 Earnings Release and Conference Call
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MILWAUKEE, July 21, 2020 (GLOBE NEWSWIRE) — Douglas Dynamics, Inc. (NYSE: PLOW), North America’s premier manufacturer and upfitter of work truck attachments and equipment, today announced that it will release financial results for the second quarter 2020, after market close on Monday, August 3rd, 2020.A conference call will be held to discuss the financial results on Tuesday, August 4th, 2020 at 9:00 a.m. Central Time and will be hosted by Bob McCormick, President and Chief Executive Officer and Sarah Lauber, Chief Financial Officer.The conference call will be simulcast live on the Company’s website at: www.douglasdynamics.com. Alternatively, please dial (877) 369-6591 domestically, or (253) 237-1176 internationally to join the call.About Douglas DynamicsHome to the most trusted brands in the industry, Douglas Dynamics is...