Day: November 17, 2020

All amounts in U.S. dollars unless otherwise statedTORONTO, Nov. 17, 2020 (GLOBE NEWSWIRE) — Onex Corporation (“Onex”) (TSX: ONEX) and its affiliated funds (the “Onex Group”), along with GIC, announced that they and a consortium of existing and new co-investors have committed to invest $1 billion in Convex Group Limited (“Convex” or the “Company”). This capital raise is subject to customary regulatory approvals.Convex is a specialty insurer and reinsurer focused on complex risks that launched with $1.7 billion of committed capital in April of 2019. Convex’ initial invested capital was raised from the Convex management team, Onex Partners V, PSP Investments and a consortium of co-investors. The additional capital has been committed by the original investors as well as multiple new investors led by GIC.Bobby Le Blanc, President of...

Bedminster, New Jersey, Nov. 17, 2020 (GLOBE NEWSWIRE) — via NewMediaWire — Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market:  PGC) and Peapack-Gladstone Bank are proud to announce that NJBankers recently recognized Matthew Remo as a “Rising Star” of the New Jersey banking industry at its virtual awards ceremony held on November 5, 2020.  The NJBankers Rising Star Award is granted to bankers, under the age of 40, to recognize their achievements in the Garden State banking industry.  Award winners exhibit the characteristics of true leaders and are outstanding professionals, mentors, teachers and colleagues who support bank and industry initiatives.  Mr. Remo has continuously exemplified strong leadership skills and professionalism throughout his career.  Most recently during these unprecedented times, he...

MCLEAN, Va., Nov. 17, 2020 (GLOBE NEWSWIRE) — According to Freddie Mac’s (OTCQB: FMCC) latest Insight, without forbearance, many households may have defaulted or been forced to sell their homes during the COVID-19 pandemic. These forced sales could have depressed the housing market, leading to further defaults.Mortgage forbearance temporarily removes the obligation for borrowers to make their monthly mortgage payment. Forbearance plans are typically used by borrowers who experienced a sudden loss of employment, a reduction in income or damage from a natural disaster.“Mortgage forbearance provides liquidity to households and plays a vital role in mitigating the damage to homeowners during times of crisis whether it be a hurricane, wild fire, or health epidemic,” said Sam Khater, Freddie Mac’s Chief Economist. “Research on this topic...

 NASDAQ Copenhagen A/S                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             17. november 2020SELSKABSMEDDELELSE NR. 07-2020 SBS Group indgår aftale om salg af SBS Friction til BremboScandinavian Brake Systems A/S har indgået aftale om at sælge divisionen SBS Friction for DKK 300 mio. (enterprise value). Hele provenuet fra salget vil blive anvendt til at nedbringe koncernens...

PUEBLO, Colo., Nov. 17, 2020 (GLOBE NEWSWIRE) — World of Weed Inc. (OTC PINK: WOWU) and PDX Partners Inc. (OTC PINK: PDXP) announce that the Ontario Bandits Football Club, a wholly owned subsidiary of PDX Partners Inc., joined the National Arena League (NAL).The Ontario Bandits become the first West Coast franchise in league history. The Bandits will be led by team President Pat Johnson. Johnson is a former Super Bowl Champion wide receiver and an Olympic-caliber sprinter in both high school (Redlands, Calif.) and at track & field powerhouse University of Oregon. PDX Partners Inc. and the Ontario Bandits Football Club has contracted to play in the league for the 2021, 2022, and 2023 seasons.Ontario becomes the latest expansion team for the NAL as the league previously announced recent expansion with the Albany Empire as its...

Oslo, 17 November 2020: The Yara International ASA Extraordinary General Meeting today approved a dividend of NOK 18.00 per share in line with the Board’s proposal.The full minutes of the Extraordinary General Meeting are available on Yara’s website:

Oslo, 17. november 2020: Yaras ekstraordinære generalforsamling vedtok i dag et utbytte på 18,00 kroner pr. aksje i tråd med styrets innstilling.Utbyttet på 18,00 kroner pr. aksje utbetales 27. november 2020 til aksjonærer pr. 17. november 2020. Yara-aksjen noteres eks. utbytte fra og med 18. november 2020. Amerikanske depotbevis (ADR) noteres også eks. utbytte 18. november 2020, med utbetalingsdato 4. desember 2020.

The Board of Directors of NIBE Industrier proposes a dividend of SEK 1.40 per share for the 2019 financial year. The proposal will be taken up at an extraordinary general meeting on 16 December 2020.As a precautionary measure and to form a better picture of the consequences of Covid-19 regarding demand, delivery and results, the Board resolved on 30 March 2020 to recall the original dividend proposal of SEK 1.40 per share and instead call an extraordinary general meeting later in the year to decide on the issue of a dividend for 2019.Given the Company’s continued strong position regarding both capital and liquidity, the Board has now determined that conditions are favourable enough to reintroduce the original dividend proposal.Due to the prevailing conditions, the extraordinary general meeting will be held without the physical presence...

Styrelsen för NIBE Industrier föreslår en utdelning om 1,40 kr per aktie för räkenskapsåret 2019. Förslaget kommer att behandlas vid en extra bolagsstämma den 16 december 2020.Som en försiktighetsåtgärd och för att bättre kunna överblicka konsekvenserna av Covid-19 vad gäller efterfrågan, leveranser och resultat, beslöt styrelsen den 30 mars 2020 att återkalla sitt ursprungliga utdelningsförslag om 1,40 kr per aktie och att istället kalla till en extra bolagsstämma senare under året för beslut i frågan om utdelning för 2019.Styrelsen har nu, givet bolagets fortsatt starka ställning avseende såväl eget kapital som likviditet, bedömt att förutsättningarna föreligger för att återinföra det ursprungliga utdelningsförslaget.Till följd av rådande omständigheter kommer den extra bolagsstämman att hållas utan fysisk närvaro av aktieägare. Det...

— Funds will support NDA preparatory activities for anticipated filing in 2021 —November 17, 2020, 08:30 AM Eastern TimeRockville, Maryland—ReveraGen, Inc., a privately held company developing vamorolone (VBP15) as a potential safer alternative for corticosteroid treatment in Duchenne muscular dystrophy and other disorders, today announced an award of a $3.3 million grant from the National Institute of Neurological Disorders and Stroke (NINDS) at National Institutes of Health (NIH). The two-year SBIR/STTR Commercialization Readiness Pilot (CRP) Program award will provide additional funding towards the new drug application (NDA) preparation, enabling timely filing after the read-out of the fully-enrolled registration study (VBP15-004; NCT03439670) anticipated in Q2 2021.The Commercialization Readiness Pilot (CRP) program is...