Day: November 3, 2020

Kinsale Capital Group Promotes Ashlee Randall to Lead Kinsale’s Commercial Property and Inland Marine Underwriting

RICHMOND, Va., Nov. 03, 2020 (GLOBE NEWSWIRE) — Kinsale Capital Group, Inc. (Nasdaq: KNSL) today announced that Ashlee B. Randall has been promoted to Vice President – Commercial Property and Inland Marine. Ms. Randall previously served as Assistant Vice President leading Kinsale’s Energy and Environmental Divisions. Prior to joining Kinsale, Ms. Randall held various underwriting positions of increasing responsibility at James River Insurance Company. She holds Bachelor of Arts degrees in both history and mathematics from Sweet Briar College and has earned the Associate designations in Insurance Services, Commercial Underwriting, and Surplus Lines Underwriting, and the Chartered Property Casualty Underwriter designation from The Institutes.Brian Haney, Kinsale’s Executive Vice President and Chief Operating Officer, stated, “We congratulate...

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Silvercorp Intersects 0.92 Metres Grading 6,455 g/t Silver, 10 g/t Gold and 5.28% Lead at the LME Mine, Ying Mining District, China

VANCOUVER, British Columbia, Nov. 03, 2020 (GLOBE NEWSWIRE) — Silvercorp Metals Inc. (“Silvercorp” or the “Company”) (TSX/NYSE American: SVM) is pleased to report results from its exploration program at the LME mine, Ying Mining District, Henan Province, China. Extensive exploration drilling and tunneling are ongoing at the LME mine, and all other mines at the Ying Mining District.The exploration program from October 1, 2019 to September 30, 2020 at the LME mine has targeted the down dip and along-strike extensions of known mineralized vein structures in the production areas. So far, 13,515 metres (“m”) from a total of 53 diamond drill holes, including 47 underground holes and six surface holes, have been completed. Assay results for 32 holes have been received with 21 holes intercepting mineralization.Most of the infill underground...

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Nanophase Reports Record Third Quarter 2020 Financial Results as Solésence Expands Beauty Footprint

ROMEOVILLE, Ill., Nov. 03, 2020 (GLOBE NEWSWIRE) — Nanophase Technologies Corporation (OTCQB: NANX), a leader in minerals-based and scientifically-driven health care innovations across various beauty and life science categories, protecting skin from environmental aggressors and aiding in medical diagnostics, today reported financial results for the three- and nine-month periods ended September 30, 2020.Jess Jankowski, President and CEO, commented: “the third quarter continued our strong progress in profitably growing Nanophase. Our medical diagnostics materials for Covid-19-related applications continue to receive broad use during the global pandemic, while our fully formulated Solésence products have seen triple digit growth despite the challenges of 2020. Although our third major business segment, personal care ingredients, has...

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Finning reports Q3 2020 results

VANCOUVER, British Columbia, Nov. 03, 2020 (GLOBE NEWSWIRE) — Finning International Inc. (TSX: FTT) (“Finning”, “the Company”, “we”, “our” or “us”) reported third quarter 2020 results today. All monetary amounts are in Canadian dollars unless otherwise stated.HIGHLIGHTSAll comparisons are to Q3 2019 results unless indicated otherwise.Q3 2020 EPS(1) of $0.54 represented a 17% increase from Q3 2019. Canada Emergency Wage Subsidy (“CEWS”) in Q3 2020 was $0.17 per share. Q3 2020 Adjusted EPS(2)(3) was $0.37, representing a 25% decline from Q3 2019 and a $0.31 increase from Q2 2020.Q3 2020 revenue of $1.6 billion and net revenue(2) of $1.4 billion were down 21% from Q3 2019, reflecting reduced market activity in Canada and South America. Compared to Q2 2020, net revenue was up 8%, driven by a recovering market in the UK & Ireland...

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Innospec Reports Third Quarter 2020 Financial Results

Performance Chemicals operating income up 33 percent driven by strong demandSequential improvement for Fuel Specialties and Oilfield ServicesExcellent cash generation and improvement in net cash to $66.0 millionSemi-annual dividend maintained at 52 cents; GAAP EPS of $0.51 and adjusted non-GAAP EPS of $0.71ENGLEWOOD, Colo., Nov. 03, 2020 (GLOBE NEWSWIRE) — Innospec Inc. (NASDAQ: IOSP) today announced its financial results for the third quarter ended September 30, 2020.  At the same time, the Company announced that it has declared a semi-annual dividend of $0.52 per common share for the second half of 2020, which will be paid on November 25, 2020 to shareholders of record as of November 17, 2020. This brings the annual dividend to $1.04 per share compared to $1.02 per share in 2019.Total net sales for the quarter were $265.1 million,...

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End of stabilization period

Orphazyme A/SCompany announcement                                                                                       No. 69/2020                                                                                                          Company Registration No. 32266355Copenhagen, Denmark, November 3, 2020 – With reference to company announcement no. 56/2020 dated September 29, 2020 regarding beginning of the stabilization period following the global offering (the “Global Offering”), consisting of an initial public offering of American Depositary Shares (the “ADSs”), each such ADS representing one ordinary share of Orphazyme, in the United States (the “U.S. Offering”), and a concurrent private placement of ordinary shares in Europe traded on Nasdaq Copenhagen A/S under the symbol “ORPHA” (the “European Private Placement”),...

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Hawaii Water Service Completes Purchase of Kalaeloa Water Company

WAIKOLOA, Hawaii, Nov. 03, 2020 (GLOBE NEWSWIRE) — Hawaii Water Service (Hawaii Water), a subsidiary of California Water Service Group (Group) (NYSE: CWT), yesterday completed the acquisition of Kalaeloa Water Company, LLC from the Hunt Companies Inc. and will now begin providing water and wastewater service to its customers. Kalaeloa Water Company, a water and wastewater utility located in the growing Kapolei area of the City and County of Honolulu on Oahu, serves residential, commercial, and industrial customers in Kalaeloa, a 3,700-acre area located on the former Barbers Point Naval Air Station. Hawaii Water will continue to invest in local system infrastructure to keep service reliable for customers’ everyday and emergency needs, and work to provide customers with continued access to safe, high-quality water and excellent customer...

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ABM Promotes Rene Jacobsen to Chief Operating Officer

NEW YORK, Nov. 03, 2020 (GLOBE NEWSWIRE) — ABM (NYSE: ABM), a leading provider of facility solutions, today announced Rene Jacobsen as the Company’s Executive Vice President and Chief Operating Officer, effective November 1, 2020. Previously, the Company’s Executive Vice President and Chief Facilities Officer, Jacobsen will continue to report to President and Chief Executive Officer, Scott Salmirs.Salmirs stated, “Rene has been instrumental to our service delivery and business transformation over the years. Furthermore, his operational leadership during the COVID-19 pandemic has been exemplary. In his new role, I am confident Rene’s contributions will drive results as we continue to navigate the current environment and prioritize the needs of our clients and employees.”Since 2019, Jacobsen has been responsible for driving operational...

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Huntington Ingalls Industries Increases Quarterly Dividend to $1.14 per Share

NEWPORT NEWS, Va., Nov. 03, 2020 (GLOBE NEWSWIRE) — Huntington Ingalls Industries (NYSE:HII) announced today that its Board of Directors has declared a quarterly cash dividend of $1.14 per share, an $0.11 increase over the $1.03 per share dividend paid in each of the prior four quarters. The $1.14 per share dividend will be payable on Dec. 11, 2020, to shareholders of record as of the close of business on Nov. 27, 2020.Huntington Ingalls Industries is America’s largest military shipbuilding company and a provider of professional services to partners in government and industry. For more than a century, HII’s Newport News and Ingalls shipbuilding divisions in Virginia and Mississippi have built more ships in more ship classes than any other U.S. naval shipbuilder. HII’s Technical Solutions division supports national security missions...

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America First Multifamily Investors, L.P. Announces Third Quarter 2020 Financial Results

OMAHA, Neb., Nov. 03, 2020 (GLOBE NEWSWIRE) — On November 3, 2020, America First Multifamily Investors, L.P. (NASDAQ: ATAX) (the “Partnership” or “ATAX”) announced financial results for the three and nine months ended September 30, 2020.Financial HighlightsAs of and for the three months ended September 30, 2020:Total revenues of $13.8 millionNet loss, basic and diluted, of $(0.03) per Beneficial Unit Certificate (“BUC”)Cash Available for Distribution of $0.06 per BUCTotal assets of $1.2 billionTotal Mortgage Revenue Bond (“MRB”) investments of $796.5 millionFor the nine months ended September 30, 2020:Total revenues of $42.1 millionNet income, basic and diluted, of $0.07 per BUCCash Available for Distribution of $0.20 per BUCThe Partnership reported the following notable transactions during the third quarter of 2020:Committed to...

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