Day: July 27, 2020

HAMILTON, Bermuda, July 27, 2020 (GLOBE NEWSWIRE) — Blue Capital Reinsurance Holdings Ltd. (OTC:BCRHF) (the “Company”), a Bermuda holding company, today reported its financial position for the second quarter of 2020. The Company, through its operating subsidiaries, previously offered collateralized reinsurance in the property catastrophe market and invested in various insurance-linked securities.  The Company is currently winding down its operations.Net assets in liquidation declined $6.1 million in the current quarter largely driven by the special distribution to shareholders of $6.5 million ($0.74 per share) that was declared on June 30, 2020 and will be paid on July 30, 2020.  Favorably impacting net assets in liquidation during the second quarter was a $0.2 million decrease in losses related to prior year periods...

CALGARY, Alberta, July 27, 2020 (GLOBE NEWSWIRE) — Marksmen Energy Inc. (TSXV: MAH) (OTCQB: MKSEF) (“Marksmen” or the “Company”) announces that it has completed the second closing of its previously announced non-brokered private placement of units (the “Units”) of Marksmen (the “Offering”). The Company issued 3,150,000 Units at a price of $0.05 per Unit for aggregate gross proceeds of $157,500, bringing the aggregate total raised to date under the Offering to $321,000. Each Unit is comprised of one (1) common share (“Common Share”) and one (1) share purchase warrant (“Warrant”) of Marksmen. Each whole Warrant entitles the holder thereof to purchase one Common Share at a price of $0.075 per share expiring two (2) years from the date of issuance.Marksmen paid no cash commissions pursuant to the second closing of the Offering.Marksmen...

LAFAYETTE, La., July 27, 2020 (GLOBE NEWSWIRE) — Viemed Healthcare, Inc. (the “Company” or “Viemed”) (TSX:VMD.TO and NASDAQ:VMD), a home medical equipment supplier that provides post-acute respiratory care services in the United States, announced today that it will host its Quarterly Conference Call on Wednesday, August 5, 2020 at 11:00 a.m. EST.Conference Call DetailsFinancial professionals are invited to call in to register in advance to ask questions. To pre-register as a qualified caller, please e-mail investorinfo@viemed.com by 12:00 p.m. EST Tuesday, August 4, 2020.ABOUT VIEMED HEALTHCARE, INC.Viemed is a provider of in-home medical equipment and post-acute respiratory healthcare services in the United States.  Viemed’s service offerings are focused on effective in-home treatment with clinical practitioners providing therapy...

CALGARY, Alberta, July 27, 2020 (GLOBE NEWSWIRE) — DIRTT Environmental Solutions Ltd. (“DIRTT”) (TSX: DRT, NASDAQ: DRTT), an interior construction company that uses technology for client-driven design and manufacturing, is pleased to announce its plans to participate in the following investment conferences.Jefferies Virtual Industrials ConferenceWednesday, August 5th, 20209th Annual Needham Virtual Industrial Technologies 1×1 ConferenceMonday, August 10th, 2020RBC Global Industrials Virtual ConferenceTuesday, September 15th, 2020D.A. Davidson 19th Annual Diversified Industrials and Services Virtual ConferenceTuesday, September 22nd, 2020DIRTT plans to meet one-on-one with institutional investors at the conferences, which are all being held virtually. DIRTT’s current investor presentation is available in the investors section...

EINDHOVEN, The Netherlands, July 27, 2020 (GLOBE NEWSWIRE) — NXP Semiconductors N.V. (NASDAQ: NXPI) today reported financial results for the second quarter 2020, ended June 28, 2020.“NXP delivered second quarter revenue of $1.82 billion, an 18 percent decline from the year ago period, and modestly better than the mid-point of our guidance,” said Kurt Sievers, NXP President and Chief Executive Officer. “Our Automotive end market was significantly impacted by the effects of the COVID-19 pandemic on the global macro-economic environment, though we did experience better than anticipated sequential trends in our other end markets. We are encouraged by the early positive trends we experienced in China and sales out of our distribution channel improved sequentially. We expect improved sales trends through the second half of...

CHICAGO, July 27, 2020 (GLOBE NEWSWIRE) — Tribune Publishing (NASDAQ:TPCO) today announced it will report its financial results for the second quarter on Wednesday, August 5, 2020.The Company will host a conference call to discuss its business and financial results at 5:30 p.m. Eastern time (4:30 p.m. Central time). The conference call may be accessed via Tribune Publishing’s Investor Relations website at investor.tribpub.com or by dialing 844.494.0195 (508.637.5599 for international callers) and entering conference ID 4886174. A replay of the webcast will also be available for one year on the Tribune Publishing website. To access the replay via telephone, dial 855.859.2056 (404.537.3406 for international callers), and enter conference ID 4886174.About Tribune PublishingTribune Publishing (NASDAQ: TPCO) is a media company rooted...

DAYTONA BEACH, Fla., July 27, 2020 (GLOBE NEWSWIRE) — Brown & Brown, Inc. (NYSE:BRO) (the “Company”) today announced its unaudited financial results for the second quarter of 2020.Revenues for the second quarter of 2020 under U.S. generally accepted accounting principles (“GAAP”) were $598.8 million, increasing $23.6 million, or 4.1%, compared to the second quarter of the prior year, with commissions and fees increasing by 4.4% and Organic Revenue(1) increasing by 0.5%. Net income was $96.8 million, increasing $4.2 million, or 4.5%, and diluted net income per share increased to $0.34, or 3.0% as compared to the second quarter of the prior year. Diluted Net Income Per Share – Adjusted(2) increased to $0.34, or 6.3%, compared to the second quarter of the prior year.Revenues for the six months ended...

NEW YORK, July 27, 2020 (GLOBE NEWSWIRE) — Apollo Global Management, Inc. (NYSE: APO) (the “Company” and together with its consolidated subsidiaries, “Apollo”) announced today that its 2020 Annual Meeting of Stockholders (“Annual Meeting”) will be held on October 1, 2020, at 9:00 a.m., Eastern Daylight Time. The record date for the meeting is August 7, 2020. The Annual Meeting will be held virtually as a result of continuing concerns surrounding the COVID-19 pandemic.To be timely, pursuant to the Company’s bylaws and Rule 14a-8 of the Securities Exchange Act of 1934, as amended, any notice of business or nominations with respect to the Annual Meeting must be received by no later than 5:00 p.m., Eastern Daylight Time, on August 6, 2020. Any such stockholder proposal must be submitted and must comply with the applicable...

NEWTON, Mass., July 27, 2020 (GLOBE NEWSWIRE) — Allena Pharmaceuticals, Inc. (NASDAQ: ALNA), a late-stage, biopharmaceutical company dedicated to developing and commercializing first-in-class, oral enzyme therapeutics to treat patients with rare and severe metabolic and kidney disorders, announced today that it has entered into an underwriting agreement with H.C. Wainwright & Co., LLC under which the underwriter has agreed to purchase on a firm commitment basis 3,846,154 shares of common stock of the Company, at a price to the public of $1.30 per share, less underwriting discounts and commissions. The closing of the offering is expected to occur on or about July 30, 2020, subject to satisfaction of customary closing conditions.H.C. Wainwright & Co. is acting as the sole book-running manager for the offering.The Company...

LOWELL, Mass., July 27, 2020 (GLOBE NEWSWIRE) — Enterprise Bancorp, Inc. (NASDAQ: EBTC), parent of Enterprise Bank, announced net income for the three months ended June 30, 2020 of $7.3 million, or $0.61 per diluted share, compared to $7.8 million, or $0.66 per diluted share, for the three months ended June 30, 2019. Net income for the six months ended June 30, 2020 amounted to $11.3 million, or $0.95 per diluted share, compared to $16.5 million, or $1.39 per diluted share, for the six months ended June 30, 2019.As previously announced on July 21, 2020, the Company declared a quarterly dividend of $0.175 per share to be paid on September 1, 2020 to shareholders of record as of August 11, 2020.Chief Executive Officer Jack Clancy commented, “The second quarter was highlighted by several key operating and strategic initiatives. Our...