Day: August 28, 2020

MOOREFIELD, W.Va., Aug. 28, 2020 (GLOBE NEWSWIRE) — Summit Financial Group, Inc. (“Summit”) (NASDAQ: SMMF) today announces its Board of Directors recently declared a third quarter 2020 dividend of $0.17 per share payable on September 30, 2020 to common shareholders of record as of the close of business on September 15, 2020.Summit Financial Group, Inc. is a $2.9 billion financial holding company headquartered in Moorefield, West Virginia. Summit provides community banking services primarily in the Eastern Panhandle, Southern and North Central regions of West Virginia and the Northern, Shenandoah Valley and Southwestern regions of Virginia, through its bank subsidiary, Summit Community Bank, Inc., which operates forty-one banking locations.

HAMILTON, N.J., Aug. 28, 2020 (GLOBE NEWSWIRE) — First Bank (Nasdaq Global Market: FRBA) today announced that the Kroll Bond Rating Agency (KBRA), a Nationally Recognized Statistical Rating Organization (NRSRO) registered with the U.S. Securities and Exchange Commission (SEC), has affirmed the Bank’s credit ratings and stable outlook. The announcement was made by Patrick L. Ryan, President and Chief Executive Officer.The Bank’s favorable ratings and a stable outlook were maintained with a Deposit rating of BBB+, Senior Unsecured Debt rating of BBB+, Subordinated Debt rating of BBB, Short-Term Deposit rating of K2 and a Short-Term Debt rating of K2. KBRA’s report and additional details on their rating scale can be found at their website at www.krollbondratings.com. According to KBRA’s report, “the Bank’s ratings are supported by...

NEW YORK, Aug. 28, 2020 (GLOBE NEWSWIRE) — Mohawk Group Holdings, Inc. (NASDAQ: MWK) (“Mohawk”), the tech-enabled, ecommerce consumer products company, today announced that its management team will virtually participate at the following upcoming investor conferences:LD Micro LD 500 ConferenceSep 4, 2020Presentation at 1:40 PM ETDA Davidson 19th Annual Software & Internet ConferenceSep 9, 2020Fireside Chat at 11:00 AM ET & One on One MeetingsH.C. Wainwright & Co. 22nd Annual Global Investment ConferenceSep 14 – Sep 16, 2020Presentation on September 14th at 3:30 PM ET & One on One MeetingsAbout Mohawk Group Holdings, Inc.Mohawk Group Holdings, Inc. and subsidiaries (“Mohawk”) is a rapidly growing technology-enabled consumer products company that uses machine learning, natural language processing, and data...

STURGIS, Mich., Aug. 28, 2020 (GLOBE NEWSWIRE) — Sturgis Bancorp, Inc. (OTCQX: STBI) today announced that its subsidiary Sturgis Bank & Trust Company (Bank) converted its charter. The Michigan Department of Insurance and Financial Services granted the charter conversion from a State Savings Bank to a financial institution existing and operating under the provisions of the banking code of 1999.  The conversion was effective August 20, 2020.Eric L. Eishen, President/CEO of Sturgis Bancorp Inc. and the Bank, stated, “This conversion better reflects the Bank’s current operations. The Bank was founded in 1905 as a Building and Loan Association. Over the years, the Bank has utilized several charters based on the business model and operations. The Building and Loan converted to a State Chartered Savings and Loan, Federal Savings and...

Árshlutareikningur Byggðastofnunar janúar-júní 2020Árshlutareikningur Byggðastofnunar fyrir tímabilið janúar-júní 2020, var staðfestur af stjórn stofnunarinnar 28. ágúst 2020.Tap tímabilsins nam 76,9 milljónum króna.  Eiginfjárhlutfall í lok júní skv. eiginfjárákvæðum laga nr. 161/2002 um fjármálafyrirtæki var 20,0%.Um stofnunina gilda lög um Byggðastofnun nr. 106/1999 og reglugerð nr. 347/2000. Hlutverk Byggðastofnunar er að efla byggð og atvinnulíf með sérstakri áherslu á jöfnun tækifæra allra landsmanna til atvinnu og búsetu. Í samræmi við hlutverk sitt undirbýr, skipuleggur og fjármagnar stofnunin verkefni og veitir lán með það að markmiði að treysta byggð, efla atvinnu og stuðla að nýsköpun í atvinnulífi. Fjármögnun verkefna skal eftir föngum vera í samstarfi við aðra. Stofnunin skipuleggur og vinnur að atvinnuráðgjöf í samstarfi...

                                                                                                             Paris, August 28th, 2020Natixis supports the measures taken by H2O Asset Management in the interests of clientsH2O Asset Management (H2O AM) has announced the temporary suspension of eight of its funds1 for an estimated period of four weeks with the aim of sidepocketing holdings of private securities and reestablishing liquidity for investors in the portion of the funds invested in liquid assets.The decision to suspend these funds was taken in the interests of unitholders and in order to ensure their fair treatment. The 16 other funds managed by H2O AM remain open to subscriptions and redemptions.Natixis supports these measures, which are aimed at protecting investors’ interests.H2O AM is a unique asset manager created within Natixis...

                                                                                                             Paris, le 28 août 2020Natixis soutient les mesures mises en œuvre par H2O Asset Management dans l’intérêt des clientsH2O Asset Management (H2O AM) a annoncé la suspension temporaire de 8 de ses fonds1 pour une période estimée à 4 semaines en vue de cantonner les titres privés et permettre aux investisseurs de retrouver la liquidité sur la part des actifs liquides.La décision de suspendre ces fonds a été prise dans l’intérêt des porteurs de parts et pour préserver leur égalité de traitement. Les 16 autres fonds gérés par H2O AM restent ouverts aux souscriptions et aux rachats.Natixis soutient ces mesures dont l’objectif est de protéger l’intérêt des investisseurs.H2O AM est un gestionnaire d’actifs spécifique créé au sein de Natixis...

28 August 2020CLEANTECH BUILDING MATERIALS PLC, NASDAQ FIRST NORTH GROWTH MARKET, COPENHAGENTICKER: CBMCleantech Building Materials plcUnaudited Interim Results to 30 June 2020Cleantech Building Materials plc (“CBM” or the “Company” or the “Group”), presents its unaudited results for the six months ended 30 June 2020. The financial statements are appended to this announcement.Strategy and ObjectivesThe CBM Group’s primary strategic objectives for 2020 are:To secure the land, permitting and financing required to commence the construction of its own Accoya® wood manufacturing facility in China to enable the commercial production of its own Accoya® wood.To increase sales of Accoya® wood imported from Europe both to new and existing wholesalers, and directly to wood manufacturers.To build commercial relationships with large-volume Chinese...

Strategic Acquisition of Less-Than-Truckload and Intermodal Truckload CarrierGrowth and Synergy Opportunities Across Canadian FootprintMONTREAL, Aug. 28, 2020 (GLOBE NEWSWIRE) — TFI International Inc. (NYSE and TSX: TFII), a North American leader in the transportation and logistics industry, today announced that it has signed a definitive agreement to acquire APPS Transport Group (“APPS”).  Established in 1985 and headquartered in Mississauga, Ontario, APPS primarily provides Less-Than-Truckload service, as well as Truckload, Warehousing, Distribution, and specialized Logistics solutions within Ontario and throughout Canada.  The company serves the retail, consumer goods, automotive supply, food and beverage, industrial and commercial supply, and wire and cable industries.With approximately CAD $100 million in annual revenue and...

Acquisition stratégique d’un transporteur de lots brisés et de lots complets intermodalOpportunités de croissance et de synergie à l’échelle canadienneMONTRÉAL, 28 août 2020 (GLOBE NEWSWIRE) — TFI International Inc. (NYSE et TSX: TFII), un chef de file nord-américain du secteur du transport et de la logistique, a annoncé aujourd’hui qu’elle a signé un accord définitif pour acquérir APPS Transport Group (« APPS »). Fondée en 1985 et basée à Mississauga, en Ontario, APPS fournit principalement un service de transport de lots brisés, ainsi que des solutions de transport de lots complets, d’entreposage, de distribution et de logistique spécialisée en Ontario et partout au Canada. La société dessert les marchés de la vente au détail, des biens de consommation, de l’approvisionnement automobile, de l’alimentation et des boissons, de l’approvisionnement...