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Month: September 2020

STMicroelectronics : Mise à jour de STMicroelectronics concernant la décision du Conseil de Surveillance relative au dividende

PR N°C2969CMise à jour de STMicroelectronics concernant la décision duConseil de Surveillance relative au dividende                                                                                            Genève, le 23 septembre 2020 – STMicroelectronics (NYSE : STM), un leader mondial des semiconducteurs dont les clients couvrent toute la gamme des applications électroniques, publie une mise à jour concernant la distribution de son dividende en numéraire.Compte tenu de l’environnement économique et sociétal mondial actuel causé par l’épidémie de COVID-19, le Conseil de Surveillance de STMicroelectronics NV a décidé de maintenir la distribution d’un dividende en numéraire de 0,168 US$ par action ordinaire en circulation, telle qu’approuvée le 17 juin 2020 lors de l’Assemblée Générale Annuelle des Actionnaires.À propos de STMicroelectronicsChez...

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New Jersey Board of Public Utilities Approves Rate Changes for South Jersey Gas; Overall Bill Decrease for Customers

Atlantic City, Sept. 23, 2020 (GLOBE NEWSWIRE) — Media Contact:  609-561-9000 x4496Media@sjindustries.comFOR IMMEDIATE RELEASENew Jersey Board of Public Utilities Approves Rate Changes for South Jersey Gas; Overall Bill Decrease for CustomersATLANTIC CITY, N.J. – September 23, 2020 – South Jersey Gas, subsidiary of SJI (NYSE: SJI), today announced that the New Jersey Board of Public Utilities (NJBPU) approved changes to its base rates, as well as other rates including those related to the Company’s accelerated infrastructure programs. These rate changes, combined with those related to the Company’s Basic Gas Supply Service and Conservation Incentive Program rates approved earlier this month are effective October 1 and result in a $0.14 monthly net bill decrease for the average customer.The base rate change recognizes the investments...

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electroCore to Participate in the JMP Securities MedTech Bio Summit

BASKING RIDGE, N.J., Sept. 23, 2020 (GLOBE NEWSWIRE) — electroCore, Inc. (Nasdaq: ECOR), a commercial-stage bioelectronic medicine company, today announced that Dan Goldberger, chief executive officer, will participate in a fireside chat at the JMP Securities MedTech Bio Summit, which is being held virtually October 1-2, 2020.Event details:Date: Thursday, October 1, 2020Time: 2:00pm ETAudio from the event will be webcast live and available here or on the Investors section of the company’s website.About electroCore, Inc.electroCore, Inc. is a commercial stage bioelectronic medicine company dedicated to improving patient outcomes through its platform non-invasive vagus nerve stimulation therapy initially focused on the treatment of multiple conditions in neurology. The company’s current indications are the preventative treatment of...

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Covenant Logistics Group Updates Third Quarter Earnings Expectations and Resolves Dispute Regarding Sale of TFS Factoring Division

Third quarter adjusted operating and financial results expected to significantly exceed prior expectationsDispute with TFS buyer resolved through purchase price adjustment and ongoing portfolio risk sharingCHATTANOOGA, Tenn., Sept. 23, 2020 (GLOBE NEWSWIRE) — Covenant Logistics Group, Inc. (NASDAQ/GS: CVLG) (“Covenant”) updated its expectations regarding third quarter financial results financial results and announced amendments to the terms of its July 8, 2020, sale of the assets of its TFS factoring division.Third Quarter Earnings ExpectationsExecutive Vice President & Chief Financial Officer, Paul Bunn, commented: “The freight environment in the third quarter has been favorable across all of our service offerings, leading to operating results that are exceeding our prior expectations. After reviewing preliminary financial...

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Hingham Savings Increases Regular Dividend to $0.45 Per Share

HINGHAM, Mass., Sept. 23, 2020 (GLOBE NEWSWIRE) — HINGHAM INSTITUTION FOR SAVINGS (NASDAQ:HIFS) (“the Bank”), Hingham, Massachusetts, announced that its Board of Directors has declared a regular quarterly cash dividend of $0.45 per share. This represents an increase of 5% over the previous regular quarterly dividend of $0.43 per share. The dividend will be paid on October 14, 2020 to stockholders of record as of October 5, 2020.Robert H. Gaughen, Jr., Chairman and Chief Executive Officer of the Bank, in announcing the dividend, stated, “The Bank continues to produce strong returns on equity capital. The Bank regularly considers all capital allocation options and continues to return capital to the ownership through both regular and special dividends. This will be our 107th consecutive quarterly dividend and we have consistently increased...

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Teekay Group Joins United Nations Global Compact, the World’s Largest Corporate Sustainability Initiative

HAMILTON, Bermuda, Sept. 23, 2020 (GLOBE NEWSWIRE) — Teekay Corporation (Teekay) (NYSE:TK), Teekay LNG Partners L.P. (Teekay LNG) (NYSE:TGP) and Teekay Tankers Ltd. (Teekay Tankers) (NYSE:TNK) (collectively, the Teekay Group) today announced that they have joined the United Nations Global Compact, the world’s largest corporate sustainability initiative.The United Nations Global Compact calls for companies to align their operations and strategies with ten universal principles in the areas of human rights, labor, environment, and anti-corruption, and to take action in support of UN goals and issues embodied in the Sustainable Development Goals (SDGs).“We are proud to join the UN Global Compact, reinforcing our group’s deep, long-standing commitment to responsible safety and environmental practices,” commented Kenneth Hvid, Teekay’s...

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Celyad Oncology to Participate in a Fireside Chat at the 7th Annual Jefferies Cell Therapy Summit

MONT-SAINT-GUIBERT, Belgium, Sept. 23, 2020 (GLOBE NEWSWIRE) — Celyad Oncology SA (Euronext & Nasdaq: CYAD), a clinical-stage biotechnology company focused on the discovery and development of chimeric antigen receptor T cell (CAR T) therapies for cancer, today announced that Filippo Petti, Chief Executive Officer, will participate in a fireside chat at the virtual Jefferies Cell Therapy Summit on Monday, October 5, 2020, at 11:00 a.m. EDT.The live virtual event will be available for investors to listen to via a webcast made available on the Celyad Oncology website. An archived replay of the event will be available on the Company’s website for approximately 30 days.About Celyad OncologyCelyad Oncology is a clinical-stage biotechnology company focused on the discovery and development of chimeric antigen receptor T cell (CAR T)...

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Results of Operations for the Six Months Ended June 30, 2020 – American Overseas Group Limited Announces Net Loss of $2.3 Million and Operating Loss of $21.6 Million for the Six Months Ended June 30, 2020

HAMILTON, Bermuda, Sept. 23, 2020 (GLOBE NEWSWIRE) — American Overseas Group Limited (BSX: AORE.BH) (Pink Sheets: AOREF.PK) (“AOG” or the “Company”) today reported consolidated net loss available to common shareholders of $2.3 million, or $48.97 per diluted share, for the six months June 30, 2020. This compares to consolidated net loss available to common shareholders of $3.8 million, or $82.18 per diluted share, for the six months ended June 30, 2019.The results for the six months was driven by losses in the Company’s financial guaranty segment related to a commutation of the remaining portfolio of financial guaranty reinsurance business it had assumed from Assured Guaranty Municipal Corp (“AGMC”). Book value per share at June 30, 2020 was $1,112.19, a decline from the book value per share of $1,159.08 at December 31, 2019.  For...

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Kuuhubb Announces US$1.3 Million Non-Convertible Debenture Financing

TORONTO, Sept. 23, 2020 (GLOBE NEWSWIRE) — Kuuhubb Inc. (“Kuuhubb” or the “Company”) (TSX- V: KUU), a mobile game development and publishing company focused on providing the female audience with creative interactive gaming experiences, is pleased to announce a proposed non-convertible debenture financing (the “Offering”) for gross proceeds of up to US$1,300,000. The Offering will be composed of secured debentures (“Debenture”), and each Debenture will have a face value of US$29,500.Each Debenture shall mature twenty-four (24) months from the date of closing (the “Maturity Date”) and bear interest at a rate of 12% per annum, which will be calculated and payable quarterly. The payment of the Debentures shall be secured by a security interest granted by the Company in respect of certain intellectual property licences held by a wholly-owned...

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