Day: October 20, 2020

Continues Board Refreshment Following the Appointment of Nicole Parent Haughey in April 20202020 Appointments Further Diversify Experience and Background of Altra’s Board and Demonstrate Ongoing Commitment to Corporate Governance ExcellenceBRAINTREE, Mass., Oct. 20, 2020 (GLOBE NEWSWIRE) — Altra Industrial Motion Corp. (Nasdaq: AIMC) (“Altra” or the “Company”), a leading global manufacturer and supplier of motion control, power transmission and automation products, today announced that the Company’s Board of Directors (the “Board”) has appointed J. Scott Hall as a new director effective as of October 20, 2020. Mr. Hall fills a newly created seat on the Board, which now consists of eight members, seven of which are independent. Mr. Hall’s appointment follows the addition of Ms. Nicole Parent Haughey to the Board on April 28, 2020.“We...

Diluted EPS of $0.45 per share; adjusted diluted EPS(1) totaled $0.57 per share, excluding the impact of charges related to branch consolidations, office space reductions and staffing model adjustmentsTangible book value per share(1) increased to $18.70 at September 30, 2020 from $18.03 at June 30, 2020 and $16.53 at March 31, 2020Announced the consolidation of six branch locations, exit from three loan production offices and staffing model adjustments, expected to save approximately $4 million annually; one-time charge of $1.6 million in the third quarter of 2020, including $1.3 million related to branch consolidationsSmall Business Administration Paycheck Protection Program (“SBA PPP”) portfolio averaged $456 million in the quarter ended September 30, 2020; $9.5 million of unearned net processing fees at September 30, 2020Net...

MONACO, Oct. 20, 2020 (GLOBE NEWSWIRE) — Scorpio Tankers Inc. (NYSE:STNG) (“Scorpio Tankers,” or the “Company”) announced today that on Thursday, November 5, 2020, the Company plans to issue its third quarter 2020 earnings press release in the morning (Eastern Standard Time) and host a conference call at 9:00 AM Eastern Standard Time and 3:00 PM Central European Time.Conference Call DetailsDate: Thursday, November 5, 2020Time: 9:00 AM Eastern Standard Time and 3:00 PM Central European TimeThe conference will be available over the internet, through the Scorpio Tankers Inc. website www.scorpiotankers.com and the webcast Link: https://edge.media-server.com/mmc/p/gpx2hp37.Participants for the live webcast should register on the website approximately 10 minutes prior to the start of the webcast.The conference...

CHARLOTTE, N.C., Oct. 20, 2020 (GLOBE NEWSWIRE) — Coca-Cola Consolidated, Inc. (NASDAQ: COKE) will issue a news release after the market closes on November 3, 2020 to announce its financial results for the third quarter ended September 27, 2020 and the first nine months of fiscal 2020.About Coca-Cola Consolidated, Inc.Coca-Cola Consolidated is the largest Coca-Cola bottler in the United States. Our Purpose is to honor God in all we do, serve others, pursue excellence and grow profitably. For over 118 years, we have been deeply committed to the consumers, customers and communities we serve and passionate about the broad portfolio of beverages and services we offer. We make, sell and distribute beverages of The Coca-Cola Company and other partner companies in more than 300 brands and flavors across 14 states and the District of Columbia...

DENVER, Oct. 20, 2020 (GLOBE NEWSWIRE) — National Bank Holdings Corporation (NYSE: NBHC) reported:                                                      In announcing these results, Chief Executive Officer Tim Laney shared, “Despite the challenges presented in 2020, we delivered record quarterly earnings of $0.90 per diluted share and record-breaking fee income. We are prudently supporting our clients and ensuring the safety and soundness of our bank all while maintaining excellent credit quality with annualized net charge-offs of just four basis points.” Mr. Laney added, “I am proud of our teammates tireless efforts to support our clients and communities, and we are honored to be recognized as the Small Business Association’s Colorado 2020 Job Creation Lender of the Year. We feel confident that our strong Common Equity Tier 1 ratio...

Hong Kong, Oct. 20, 2020 (GLOBE NEWSWIRE) — Bridgetown Holdings Limited (the “Company”) today announced the closing of its initial public offering of 55,000,000 units. The offering was priced at $10.00 per unit, resulting in gross proceeds of $550,000,000.Bridgetown Holdings Limited is a blank check company incorporated for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. While the Company may pursue a business combination target in any business or industry, the Company intends to focus on a target with operations or prospective operations in the technology, financial services, or media sectors in Southeast Asia. The Company is led by Chief Executive Officer and Chief Financial Officer, Daniel Wong, and Chairman, Matt Danzeisen.UBS...

IRVINE, Calif., Oct. 20, 2020 (GLOBE NEWSWIRE) — Tarsus Pharmaceuticals, Inc. (“Tarsus”), a late clinical-stage biopharmaceutical company focused on the development and commercialization of therapeutic candidates to address large market opportunities initially in ophthalmic conditions, today announced the closing of its initial public offering of 6,325,000 shares of its common stock at a price to the public of $16.00 per share, which includes 825,000 shares sold upon full exercise of the underwriters’ option to purchase additional shares of common stock. All of the shares were offered by Tarsus. The aggregate gross proceeds to Tarsus from the offering, before deducting underwriting discounts and commissions and other offering expenses, were approximately $101.2 million.The shares began trading on The Nasdaq Global Select Market...