Day: August 27, 2020

BOSTON, Aug. 27, 2020 (GLOBE NEWSWIRE) — Meridian Bancorp, Inc. (the “Company” or “Meridian”) (NASDAQ: EBSB), the holding company for East Boston Savings Bank, today declared a quarterly cash dividend of $0.08 per common share, payable on October 1, 2020 to stockholders of record at the close of business on September 17, 2020.Meridian Bancorp, Inc. is the holding company for East Boston Savings Bank. East Boston Savings Bank, a Massachusetts-chartered stock savings bank founded in 1848, operates 42 branches in the greater Boston metropolitan area, including 41 full-service locations and one mobile branch. We offer a variety of deposit and loan products to individuals and businesses located in our primary market, which consists of Essex, Middlesex, Norfolk and Suffolk Counties, Massachusetts. For additional information, visit www.ebsb.com.Forward...

LOUDON, Tenn., Aug. 27, 2020 (GLOBE NEWSWIRE) — Malibu Boats, Inc. (Nasdaq: MBUU) today announced its financial results for the fourth quarter and fiscal year ended June 30, 2020.Highlights for the Fourth Quarter of Fiscal Year 2020Net sales decreased 39.1% to $118.7 million compared to the fourth quarter of fiscal year 2019.Unit volume decreased 43.9% to 1,117 boats compared to the fourth quarter of fiscal year 2019.Net sales per unit increased 8.6% to $106,232 per unit compared to the fourth quarter of fiscal year 2019.Gross profit decreased 50.7% to $23.6 million compared to the fourth quarter of fiscal year 2019.Net income decreased 68.2% to $6.5 million, or $0.30 per share, compared to the fourth quarter of fiscal year 2019.Adjusted EBITDA decreased 56.8% to $15.5 million compared to the fourth quarter of fiscal year 2019.Adjusted...

WINNIPEG, Manitoba, Aug. 27, 2020 (GLOBE NEWSWIRE) — Kane Biotech Inc. (TSX-V:KNE; OTCQB:KNBIF) (the “Company” or “Kane Biotech”), a biotechnology company engaged in the research, development and commercialization of technologies and products that prevent and remove microbial biofilms, today announced its second quarter 2020 financial results.Recent Corporate Highlights:Q2 2020 revenues were 21% higher than Q2 2019 and June 2020 revenues were 52% higher than June 2019, despite the impact of the COVID-19 pandemic. Operating expenses were 31% lower in Q2 2020 compared to Q2 2019.Kane Biotech received the U.S. Department of Defense’s (“DoD”) Medical Technology Enterprise Consortium Research Project Award (“MTEC Award”), which will provide approximately $2.7 million USD in non-dilutive funding for the continued clinical development...

TORONTO, Aug. 27, 2020 (GLOBE NEWSWIRE) — (TSX: CDD.UN) Core Canadian Dividend Trust (the “Fund”) announces results of operations for the six months ended June 30, 2020.  Decrease in net assets attributable to equity holders amounted to $0.44 million or $1.16 per unit.   Net assets attributable to equity holders as at June 30, 2020 were $1.64 million or $4.28 per unit.  Cash distributions to equity holders in the amount of $0.06 million or $0.16 per unit were paid during the period.The Fund’s investment objectives are (i) to provide unitholders of the Fund with monthly cash distributions in an amount targeted to be 6.5% per annum of the net asset value (“NAV”) of the Fund; and (ii) to preserve and grow the NAV per unit.  The Fund invests primarily in a blue-chip portfolio consisting of high-quality, large capitalization, dividend...

TORONTO, Aug. 27, 2020 (GLOBE NEWSWIRE) — (TSX: TXT.UN; TXT.PR.A) Top 10 Split Trust (the “Fund”) announces results of operations for the six months ended June 30, 2020.  Decrease in net assets attributable to holders of Capital Units amounted to $3.80 million or $3.69 per Capital Unit.   Net assets attributable to holders of Capital Units as at June 30, 2020 were $0.00 million or $0.00 per Capital Unit. Cash distributions of $0.39 per Preferred Security and $0.05 per Capital Unit were paid to securityholders during the period.The Fund investment objectives for the Capital Units are (i) to provide holders of Capital Units, upon redemption, with the benefit of any capital appreciation in the market price of the securities in the Financial Portfolio and (ii) to pay quarterly distributions to holders of Capital Units in an amount targeted...

TORONTO, Aug. 27, 2020 (GLOBE NEWSWIRE) — (TSX: USF.UN) U.S. Financials Income Fund (the “Fund”) announces results of operations for the period ended June 30, 2020. Decrease in net assets attributable to holders of Class A units amounted to C$1.41 million or C$1.65 per Class A unit. Decrease in net assets attributable to holders of Class U units amounted to C$0.11 million or C$1.90 per Class U unit. As at June 30, 2020, net assets attributable to holders of Class A units were C$4.87 million or C$5.62 per Class A unit and net assets attributable to holders of Class U units were C$0.40 million (US$0.30 million) or C$7.86 (US$5.77) per Class U unit. Cash distributions of C$0.25 per Class A unit and US$0.25 per Class U unit were paid during the period.The Fund’s investment objectives are (i) to provide Unitholders with quarterly cash...

TORONTO, Aug. 27, 2020 (GLOBE NEWSWIRE) — (TSX: WFS; WFS.PR.A) World Financial Split Corp. announces results of operations for the six months ended June 30, 2020.  Decrease in net assets attributable to holders of Class A shares amounted to $3.45 million or $3.09 per Class A share.  Net assets attributable to holders of Class A shares as at June 30, 2020 were $0.41 million or $0.41 per Class A share.  Cash distributions of $0.26 per Preferred share were paid during the period. The Fund is a mutual fund corporation which invests in a portfolio that includes common equity securities selected from the ten largest financial services companies by market capitalization in each of Canada, the United States and the Rest of the World (the “Portfolio Universe”).  The issuers of securities in the Portfolio, other than Canadian issuers, must...

TORONTO, Aug. 27, 2020 (GLOBE NEWSWIRE) — (TSX: TCT.UN) Top 10 Canadian Financial Trust (the “Fund”) announces results of operations for the six months ended June 30, 2020.  Decrease in net assets attributable to holders of units amounted to $2.35 million or $2.23 per unit.   Net assets attributable to holders of units as at June 30, 2020 were $7.14 million or $6.76 per unit.  Cash distributions to unitholders in the amount of $0.31 million or $0.29 per unit were paid during the period.The Fund’s investment objectives are to provide unitholders with a stable stream of quarterly cash distributions in an amount targeted to be 7.5% of the net asset value per unit and to return $15.60 per unit to unitholders upon termination of the Fund.The Fund invests in the six largest Canadian banks and four largest Canadian life insurance companies...