Month: July 2020

WEST PALM BEACH, Fla., July 23, 2020 (GLOBE NEWSWIRE) — PHH Mortgage, a subsidiary of Ocwen Financial Corporation (NYSE: OCN) and a leading non-bank mortgage servicer and originator, announced an expanded partnership with the NAACP to host more than 30 regional virtual borrower outreach events for PHH Mortgage customers who have been negatively impacted by COVID-19 and are having trouble making their mortgage payments. Virtual borrower outreach events have been held in New York, Maryland, Central Florida, Tennessee and Ohio, and the next three events will be held in Pennsylvania, Washington, D.C. and Illinois.The virtual events provide attendees with information regarding mortgage assistance options and feature speakers from a local HUD-certified counseling agency and PHH Mortgage. After the event, homeowners can schedule a virtual...

LEHI, Utah, July 23, 2020 (GLOBE NEWSWIRE) — Nature’s Sunshine Products, Inc. (Nature’s Sunshine) (NASDAQ: NATR), a leading natural health and wellness company engaged in the manufacture and sale of nutritional and personal care products, will conduct a conference call on Thursday, August 6, 2020, at 5:00 p.m. Eastern time (3:00 p.m. Mountain time) to discuss its financial results for the second quarter ended June 30, 2020. The company will report its financial results in a press release prior to the conference call.Nature’s Sunshine CEO Terrence Moorehead and CFO Joseph Baty will host the conference call, followed by a question and answer period.Date: Thursday, August 6, 2020Time: 5:00 p.m. Eastern time (3:00 p.m. Mountain time)Toll-free dial-in number: 1-866-548-4713International dial-in number: 1-323-794-2093Conference ID: 7890535Please...

HOLLAND, Mich., July 23, 2020 (GLOBE NEWSWIRE) — Macatawa Bank Corporation (NASDAQ: MCBC) today announced its results for the second quarter of 2020.Net income of $7.6 million in second quarter 2020 versus $8.0 million in second quarter 2019 – down 5%Loan charge-off of $4.1 million recorded in second quarter 2020 caused increase in provision for loan lossesProvision for loan losses of $1.0 million in second quarter 2020, up from negative $200,000 in second quarter 2019Net interest margin decreased to 2.74% in second quarter 2020 versus 3.45% in second quarter 2019 due to Fed rate decreases since then and high on-balance sheet liquidityOrigination of $336 million in Paycheck Protection Program (PPP) loans in second quarter 2020Growth in noninterest income of $756,000 (15%) driven by increased residential mortgage volumeReduction...

DUBUQUE, Iowa, July 23, 2020 (GLOBE NEWSWIRE) — Heartland Financial USA, Inc. (NASDAQ: HTLFP), today announced that it declared a dividend of $211.94 per share on its Series E Preferred Stock, which results in a dividend of $0.52986111 per depositary share, to stockholders of record on September 30, 2020, for payment on October 15, 2020.About Heartland Financial USA, Inc.Heartland is a diversified financial services company with assets of approximately $13.3 billion. The Company provides banking, mortgage, private client, investment, treasury management, card services, and insurance to individuals and businesses. Heartland currently has 114 banking locations serving 83 communities in Iowa, Illinois, Wisconsin, New Mexico, Arizona, Montana, Colorado, Minnesota, Kansas, Missouri, Texas and California. Additional information about...

VANCOUVER, British Columbia, July 23, 2020 (GLOBE NEWSWIRE) — American Pacific Mining Corp (CSE: USGD / FWB: 1QC / OTCPK: USGDF) (“APM” or the “Company”) announces that it intends to extend the expiration date of 1,554,168 warrants (the “Warrants”) originally issued by the Company on July 29, 2019 pursuant to a non-brokered private placement by 60 calendar days.The Warrants are exercisable into common shares of the Company at a price of $0.60 per common share and currently have an expiry date of July 29, 2020, subject to an acceleration provision that provides that the Company may abridge the exercise period of the Warrants in the event (the “Trigger Event”) that the closing price of the common shares is greater than $0.75 for five or more consecutive trading days provided that (a) the Company gives notice of the Trigger Event by...

MONTREAL, July 23, 2020 (GLOBE NEWSWIRE) — PyroGenesis Canada Inc. (http://www.pyrogenesis.com) (TSX-V: PYR) (OTCQB: PYRNF) (FRA: 8PY), a high-tech company, (the “Company”, the “Corporation” or “PyroGenesis”) that designs, develops, manufactures and commercializes plasma atomized metal powder, plasma waste-to-energy systems and plasma torch products, is pleased to confirm today that, in response to additional inquiries with respect to the subject matter, payments totaling over $7.5MM have been received to date under the exclusive contract with Drosrite International LLC (“DI”).“We decided to, once again, confirm the total payments received to date under the $25MM+ DROSRITE™ contract due to a large number of inquiries received from shareholders and investors,” said Mr. P. Peter Pascali, President and CEO of...

TORONTO, July 23, 2020 (GLOBE NEWSWIRE) — Xanadu Mines Ltd (ASX: XAM | TSX:XAM) ( (Xanadu or the Company) advises that subsequent to the release on 26 June 2020 of the Notice of Meeting for the Company’s Annual General Meeting (AGM) to be held on Thursday, 30 July 2020, the Board has resolved that due to the ongoing COVID-19 pandemic, the AGM will now only be held as a Virtual Meeting online and that no shareholders will be allowed to attend the meeting in person.As a Virtual AGM, shareholders will be able to view a live webcast of the meeting, ask the Directors questions online and submit your votes in real time.To participate online on the day of the meeting, you will need to either:Visit https://web.lumiagm.com/387187905 on your smartphone, tablet or computer. You will need the latest versions of Chrome, Safari, Internet Explorer...