Day: October 21, 2020

Sun Life to Acquire Majority Stake in Crescent Capital Group LP

A firm with close to 30 years experience in alternative credit investing to join SLC ManagementTORONTO, LOS ANGELES and WELLESLEY, Mass., Oct. 21, 2020 (GLOBE NEWSWIRE) — Sun Life Financial Inc. (TSX: SLF) (NYSE: SLF) today announced it intends to acquire a majority stake in Crescent Capital Group LP (“Crescent”), a global alternative credit investment manager. Crescent has approximately US$28 billion in Assets under Management (approximately C$38 billion), as of June 30, 2020. Headquartered in Los Angeles with offices in New York, Boston and London, Crescent has more than 180 partners and employees.Crescent will form part of SLC Management, Sun Life’s alternatives asset management business. The acquisition will extend SLC Management’s solutions in alternative credit, which will benefit existing and prospective clients.This transaction...

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Havertys Announces Timing of Third Quarter 2020 Earnings Release and Investor Conference Call

ATLANTA, Oct. 21, 2020 (GLOBE NEWSWIRE) — HAVERTYS (NYSE: HVT and HVT.A) will release third quarter 2020 financial results on Wednesday, October 28, 2020, after the market closes. The company will host a conference call with investors and analysts on Thursday, October 29, 2020 at 10:00 a.m. (ET) to discuss the results of its operations.Havertys invites interested parties to listen to the live audiocast of the conference call at its website, havertys.com. A replay will be available at the website or via telephone at approximately 1:00 p.m. (ET) through Wednesday, November 11, 2020. The number to access the telephone playback is 888-203-1112 (access code: 9286660).About HavertysHavertys (NYSE: HVT and HVT.A), established in 1885, is a full-service home furnishings retailer with 120 showrooms in 16 states in the Southern and Midwestern...

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HighPeak Energy, Inc. to Release Third Quarter 2020 Earnings on Monday, November 9, 2020

FORT WORTH, Texas, Oct. 21, 2020 (GLOBE NEWSWIRE) — HighPeak Energy, Inc. (NASDAQ: HPK), today announced that it plans to release third quarter 2020 operational and financial results after the close of trading on Monday, November 9, 2020.About HighPeak Energy, Inc.HighPeak Energy, Inc. is a publicly traded independent oil and natural gas company, headquartered in Fort Worth, Texas, focused on the acquisition, development, exploration and exploitation of unconventional oil and natural gas reserves in the Midland Basin in West Texas. For more information, please visit our website at www.highpeakenergy.com.Investor Contact:Ryan HightowerVice President, Business Development817.850.9204rhightower@highpeakenergy.comSource: HighPeak Energy, Inc.

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Great Southern Bancorp, Inc. Reports Preliminary Third Quarter Earnings of $0.96 Per Diluted Common Share

Preliminary Financial Results and Other Matters for the Quarter and Nine Months Ended September 30, 2020:Significant Unusual Income or Expense Items: During the three months ended September 30, 2020, Great Southern Bancorp, Inc. (the Company) recognized the following items:The Company recorded an increase in Salaries and Employee Benefits expense totaling $1.1 million related to a special employee bonus paid by the Company to all current full-time and part-time employees in response to the ongoing COVID-19 pandemic. This is the second such bonus paid by the Company in response to the COVID-19 pandemic; the first (also totaling $1.1 million) was approved in March 2020. While we have not terminated any employees or reduced pay for any employees as a result of the COVID-19 pandemic, it has caused disruption to our Company and our employees...

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Immutep Activities Report for the First Quarter of Fiscal Year 2021

Encouraging clinical results from TACTI-002 and INSIGHT-004 trials of eftilagimod alphacompleted recruitment for Stage 1 of Part B in TACTI-002 StudyGranted United States patent relating to eftilagimod alpha and LAG525SYDNEY, Australia, Oct. 22, 2020 (GLOBE NEWSWIRE) — Immutep Limited (ASX: IMM; NASDAQ: IMMP) a biotechnology company developing novel immunotherapy treatments for cancer and autoimmune diseases, today provided a business update for the quarter ended September 30, 2020, including for the ongoing development of its product candidates, eftilagimod alpha (“efti” or “IMP321”) and IMP761, and the activity of its new and existing partners.“During the quarter, we continued to report supportive clinical data from our trials of efti in multiple cancers. These data have further bolstered our confidence in the therapeutic potential...

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Black Diamond Group Announces Schedule for Third Quarter 2020 Financial Results

CALGARY, Alberta, Oct. 21, 2020 (GLOBE NEWSWIRE) — Black Diamond Group Limited (“Black Diamond” the “Company” or “we”) (TSX: BDI), a leading provider of modular space solutions and workforce accommodations, today announced that the Company expects to release its 2020 third quarter results on November 3, 2020 after markets close. The news release will discuss Black Diamond’s financial results and operational highlights.About Black Diamond GroupBlack Diamond is a specialty rentals and industrial services Company with two operating business units – Modular Space Solutions (MSS) and Workforce Solutions (WFS). We operate in Canada, the United States, and Australia. MSS through its principal brands, BOXX Modular, Britco, and MPA, owns a large rental fleet of modular buildings of various types and sizes. Its network of...

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Wintrust Financial Corporation Reports Record Third Quarter 2020 Net Income of $107.3 million and Year-to-Date Net Income of $191.8 million

ROSEMONT, Ill., Oct. 21, 2020 (GLOBE NEWSWIRE) — Wintrust Financial Corporation (“Wintrust”, “the Company” or “we”) (Nasdaq: WTFC) announced record net income of $107.3 million or $1.67 per diluted common share for the third quarter of 2020, an increase in diluted earnings per common share of 391% compared to the second quarter of 2020 and a decrease of 1% compared to the third quarter of 2019. The Company recorded net income of $191.8 million or $3.06 per diluted common share for the first nine months of 2020 compared to net income of $269.7 million or $4.60 per diluted common share for the same period of 2019.Highlights of the Third Quarter of 2020:Comparative information to the second quarter of 2020Total assets increased by $192 million.Total loans increased by $733 million.Total deposits increased by $193 million.Net...

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Riviera Resources Announces Change in Payment Date for Recently Announced Cash Distribution

HOUSTON, Oct. 21, 2020 (GLOBE NEWSWIRE) — Riviera Resources, Inc. (OTCQX: RVRA) (“Riviera” or the “Company”) announces it has changed the payment date for its recently announced cash distribution from October 27, 2020 to October 28, 2020. Accordingly, the Company now expects the ex-dividend date for the cash distribution to be October 29, 2020, the first trading date following the payment date. The previously announced record date of October 23, 2020 and the cash distribution amount of $1.35 per share remains unchanged.Forward-Looking StatementsStatements made in this press release that are not historical facts are “forward-looking statements.” These statements are based on certain assumptions and expectations made by the Company which reflect management’s experience, estimates and perception of historical trends, current conditions,...

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Pluralsight Announces Date for its Third Quarter 2020 Earnings Conference Call

SILICON SLOPES, Utah, Oct. 21, 2020 (GLOBE NEWSWIRE) — Pluralsight, Inc. (NASDAQ: PS), the technology workforce development company, today announced that it will release its financial results for its third quarter ended September 30, 2020 after the U.S. market close on Thursday, November 5, 2020. Pluralsight will host a conference call that day at 2:30 p.m., Mountain time (4:30 p.m. Eastern time) to discuss the results. The dial-in number will be (877) 350-6732 or (629) 228-0693, conference ID: 3430067.A live webcast of the conference call will be accessible from the Pluralsight website at investors.pluralsight.com. A telephonic replay of the conference call will be available through Thursday, November 12, 2020 5:30 p.m., Mountain time (7:30 p.m. Eastern time) and may be accessed by dialing (855) 859-2056 or (404) 537-3406 and using...

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UFP Industries Reports Best Quarterly Results in the Company’s History

GRAND RAPIDS, Mich., Oct. 21, 2020 (GLOBE NEWSWIRE) — UFP Industries, Inc. (Nasdaq: UFPI) today announced record sales of $1.49 billion and net earnings attributable to controlling interest of $77.2 million for the third quarter ended September 26, 2020. The company also reported record EPS of $1.25 per diluted share, a 49 percent increase over the same period of 2019. These are the best quarterly sales and earnings results in the company’s 65-year history.“One of the many lessons I will take from 2020 is that UFP Industries has the business diversification, processes, and experienced team members to face serious challenges and continue to serve customers while delivering strong results for our stakeholders,” said CEO Matthew J. Missad. “So far this year, we faced a pandemic, shut-down orders that disrupted economic activity, a...

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