Warner Music Group Corp. to Conduct Earnings Conference Call on Monday, November 23, 2020

Written by Customer Service on November 17, 2020. Posted in Public Companies.

NEW YORK, Nov. 17, 2020 (GLOBE NEWSWIRE) — Warner Music Group Corp. will release its financial results on Monday, November 23, 2020, for the fourth quarter and fiscal year ended September 30, 2020, and will hold an earnings update conference call that morning at 8:30 a.m. ET. To access the conference call, please dial (833) 646-0491 or (918) 922-6618. The passcode for the call is “Warner Music.” We suggest you call in 10 minutes prior to the start time. If you do not anticipate asking a question, we recommend joining via the webcast at www.wmg.com. You will be able to replay the conference call up until Wednesday, December 23, 2020 at 11:30 a.m. ET by dialing (855) 859-2056 or (404) 537-3406. The passcode for the conference replay is 5044238.Investor Relations Contact:Kareem ChinKareem.Chin@wmg.comMedia Contact:James StevenJam...

Priority Income Fund Announces 11.14% Annualized Cash Distribution Rate (on Class R Offering Price) Through Board Declarations of Increased Quarterly Cash “Bonus” Common Shareholder Distribution in Addition to Steady Monthly Cash “Base” Common Shareholder Distributions for December 2020 through February 2021

Written by Customer Service on November 17, 2020. Posted in Dividend Reports And Estimates.

NEW YORK, Nov. 17, 2020 (GLOBE NEWSWIRE) — Priority Income Fund, Inc. (“Priority Income Fund” or the “Fund”) announced today that the Fund’s board of directors has declared additional steady monthly cash “base” common shareholder distributions as well as an increased quarterly cash “bonus” common shareholder distribution.The annualized total cash distribution rate is 11.14% for distributions with record dates between December 4, 2020, and February 26, 2021, based on the current Class R offering price of $11.22 per common share.The cash “base” distributions will have weekly record dates and will be payable monthly to common stockholders of record as of the close of business each week. These declared distributions equal a weekly cash amount of $0.02014 per share of common stock (representing $0.26182 per common...

Investors Community Bank Welcomes Matthew Fehrmann, VP – Technology Solutions

Written by Customer Service on November 17, 2020. Posted in Public Companies.

MANITOWOC, Wis., Nov. 17, 2020 (GLOBE NEWSWIRE) — Investors Community Bank (“ICB”), a subsidiary of County Bancorp, Inc. (NASDAQ:ICBK), recently welcomed Matthew Fehrmann, Vice President – Technology Solutions, to its team.In this role, Fehrmann is responsible for providing oversight and management of Information Technology (I.T.) operations and the technology support team, while continuously analyzing department needs, processes and technologies to identify vulnerabilities and boost productivity, efficiency and accuracy. He will be based out of the ICB headquarters in Manitowoc.Fehrmann holds an associate’s degree in Computer Networking from Lakeshore Technical College, a bachelor’s degree in Business Management from Silver Lake College and a master’s degree in Business Administration (MBA) from Marquette University. Prior...

New Pacific Receives Approval for Whitehorse Gold Corp Share Spin-Out

Written by Customer Service on November 17, 2020. Posted in Public Companies.

VANCOUVER, British Columbia, Nov. 17, 2020 (GLOBE NEWSWIRE) — New Pacific Metals Corp. (“New Pacific” or the “Company”) announces that, further to its news releases dated July 22 and August 26, 2020, it has received conditional approval from the Toronto Stock Exchange to complete the spin-out of all existing common shares of Whitehorse Gold Corp. (“Whitehorse”) to Company shareholders by way of a share exchange under a court approved plan of arrangement pursuant to the Business Corporations Act (British Columbia) (the “Spin-Out”), all in accordance with the agreement dated August 25, 2020 (the “Arrangement Agreement”) between the Company and Whitehorse. Pursuant to the Arrangement Agreement, the Company wishes to announce that the effective date of the Spin-Out will be November 18, 2020 (the “Effective...

ERES REIT Announces €22MM Multi-Residential Acquisition in the Netherlands

Written by Customer Service on November 17, 2020. Posted in Public Companies.

TORONTO, Nov. 17, 2020 (GLOBE NEWSWIRE) — European Residential Real Estate Investment Trust (TSX:ERE.UN, “ERES” or the “REIT”) announced today that it has entered into an agreement to acquire a multi-residential property located in Prins Alexander, a district in the northeast of Rotterdam (the “Mill Property”). The two-building property is comprised of 84 residential units, of which approximately 85% are liberalized with the remaining convertible upon turnover. The residential property is 100% owned and currently 98% leased at an Average Monthly Rent (“AMR”) of €956 per month (excluding service charge income), providing significant rent uplift potential.The €22.3 million (C$34.6 million) purchase price (excluding transaction costs and fees) represents an estimated forward capitalization rate of approximately 3.5%. Closing is anticipated...

Leonovus Inc. Announces Q3 2020 Financial Results and Business Update

Written by Customer Service on November 17, 2020. Posted in Public Companies.

OTTAWA, Nov. 17, 2020 (GLOBE NEWSWIRE) — Leonovus Inc., (“Leonovus”) (TSXV: LTV) today announced its operating and financial results for the quarter ended September 30, 2020. Amounts are in U.S. dollars unless otherwise stated.The Company recorded revenues of $69,000 during Q3 2020 compared to revenues of $Nil in Q3 2019. Year-to-date revenues were $191,000 (YTD 2019 – $19).The Company incurred a net loss of $421,000 in the third quarter ended September 30, 2020 (YTD 2020 – $1,176,000), compared to a net loss of $1,047,000 in Q3 2019 (YTD 2019 – $4,042,000). Total operating expenses decreased to $376,000 for the third quarter of 2020 compared to $1,010,000 in the same period in 2019. Year-to-date operating expenses were $1,221,000 compared to $3,363,000 in 2019.The Company had cash of $137,000 as of September 30,...

Continental Honors ROHM Semiconductor with “Supplier of the Year 2019 Award”

Written by Customer Service on November 17, 2020. Posted in Public Companies.

Willich-Münchheide, Germany, Nov. 17, 2020 (GLOBE NEWSWIRE) — The Continental Automotive Group honors ROHM Semiconductor with the “Supplier of the Year 2019 Award” in the category “Discrete Semiconductors” for particularly outstanding performance. Since 2008, Continental conducts an annual broad-based analysis to identify exceptional contributions in customer satisfaction and at all levels of quality, technology, commitment, costs and purchasing conditions. This is the fifth time within the last ten years that ROHM has received this prestigious award. This year, the award was presented in a virtual ceremony.“We are pleased to honor ROHM Semiconductor’s commitment with the Supplier of the Year 2019 Award,” says Elena Rasmussen, Vice President Purchasing Electronics Discretes at Continental Automotive...

Brookfield Asset Management Announces Pricing of US$200 Million Note Offering

Written by Customer Service on November 17, 2020. Posted in Public Companies.

BROOKFIELD, NEWS, Nov. 17, 2020 (GLOBE NEWSWIRE) — Brookfield Asset Management Inc. (“Brookfield”) (TSX: BAM.A, NYSE: BAM) today announced that it has priced a public offering of $200 million aggregate principal amount of fixed rate perpetual subordinated notes (the “notes”). The underwriters for the offering were granted an option, exercisable for 30 days from November 17, 2020, to purchase up to an additional $30 million aggregate principal amount of notes solely to cover over-allotments.The notes will have a coupon of 4.50%. The notes will be issued by Brookfield Finance I (UK) plc, an indirect 100% owned subsidiary of Brookfield, and will be fully and unconditionally guaranteed, on a subordinated basis, by Brookfield. The net proceeds from the sale of the notes will be used to finance and/or refinance recently completed and...

Eagle Growth and Income Opportunities Fund Announces Elimination of $29 Million Reserve and Additional Liquidating Distribution to Shareholders

Written by Customer Service on November 17, 2020. Posted in Public Companies.

BOSTON, Nov. 17, 2020 (GLOBE NEWSWIRE) — Eagle Growth and Income Opportunities Fund (the “Fund”) (formerly NYSE: EGIF) today announced an additional liquidating distribution to its shareholders.The Fund had previously announced that the Fund’s Board of Trustees (the “Board”) determined that $29 million of the Fund’s net assets should be reserved by the Fund and not immediately distributed to the Fund’s shareholders (the “Reserve”) to provide for certain contingent liabilities of the Fund (the “Contingent Liabilities”), estimated expenses of the Fund and the estimated expenses and potential liabilities of operating a liquidating trust to hold the Reserve. On November 16, 2020, the Board reduced the amount of the Reserve to $0 in light of the elimination of the Contingent...

Constellation Brands to Present Virtually at the Morgan Stanley Conference on December 2, 2020

Written by Customer Service on November 17, 2020. Posted in Public Companies.

VICTOR, N.Y., Nov. 17, 2020 (GLOBE NEWSWIRE) — Constellation Brands, Inc. (NYSE: STZ and STZ.B), a leading beverage alcohol company, announced today that Garth Hankinson, chief financial officer, will present virtually at the 2020 Morgan Stanley Conference on Wednesday, December 2, 2020. The presentation is scheduled to begin at 1:00 p.m. ET and is expected to cover the company’s strategic business initiatives, financial metrics, operating performance, and recent product portfolio performance, as well as outlook for the future.A live, listen-only webcast of the virtual presentation will be available on the company’s website, which can be accessed at www.cbrands.com, under the Investors/Events & Presentations section. When the presentation begins, financial information discussed in the presentation, and a reconciliation of...

Day: November 17, 2020

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