Fanhua Reports Third Quarter 2020 Unaudited Financial Results

Written by Customer Service on November 24, 2020. Posted in Public Companies.

GUANGZHOU, China, Nov. 24, 2020 (GLOBE NEWSWIRE) — Fanhua Inc., (Nasdaq: FANH), (the “Company” or “Fanhua”), a leading independent financial services provider in China, today announced its unaudited financial results for the third quarter ended September 30, 20201.Financial Highlights for the Third quarter of 2020:Commenting on the third quarter results, Mr. Chunlin Wang, chairman and chief executive officer said, “In the third quarter of 2020, our life insurance gross written premiums achieved RMB2.4 billion, with a year-on-year increase of 15.5%, outpacing the industry growth rate of 9.2%. During the same period, first year premiums reached RMB582.7 million and annualized premiums equivalent5 were RMB333.5 million while renewal premiums exceeded RMB1.8 billion. The decline in new policies written is mainly attributable to the...

Credicorp Ltd: Credicorp’s 2021 Quarterly Earnings Releases

Written by Customer Service on November 24, 2020. Posted in Public Companies.

Lima, Nov. 24, 2020 (GLOBE NEWSWIRE) — Lima, PERU, November 24th, 2020 – Credicorp Ltd. announces to its shareholders and the market the schedule defined for the issuing of 2021 Quarterly Earnings Releases. This schedule is published in Credicorp’s website: www.credicorpnet.com under section Financials / Conference Calls, Upcoming Events. Any change to this schedule will be communicated through a new Press Release. 1Q21 Earnings ReleaseDate for the issuing of Earnings Release Report: Thursday May 6th, 20212Q201Earnings ReleaseDate for the issuing of Earnings Release Report: Thursday August 12th, 20213Q21 Earnings ReleaseDate for the issuing of Earnings Release Report: Thursday November 4th, 20214Q21 Earnings ReleaseDate for the issuing of Earnings Release Report: Monday February 7th, 2022Credicorp reminds you that: 1. The details of...

Sotera Health Announces Closing of Initial Public Offering

Written by Customer Service on November 24, 2020. Posted in Public Companies.

CLEVELAND, Nov. 24, 2020 (GLOBE NEWSWIRE) — Sotera Health Company (Nasdaq: SHC) today announced the closing of its initial public offering (“IPO”) of 53,590,000 shares of its common stock at a public offering price of $23.00 per share, for gross proceeds of approximately $1.2 billion, before deducting underwriting discounts and commissions and offering expenses.J.P. Morgan, Credit Suisse, Goldman Sachs & Co. LLC and Jefferies acted as joint lead book-running managers and as representatives of the underwriters for the offering. Barclays, Citigroup and RBC Capital Markets acted as joint book-running managers for the offering. BNP PARIBAS, KeyBanc Capital Markets, Citizens Capital Markets, ING, Academy Securities, Loop Capital Markets, Penserra Securities LLC, Siebert Williams Shank and Tigress Financial Partners acted as co-managers...

BKD Capital Advisors Advises Rockwood Bancshares, Inc. on Merger

Written by Customer Service on November 24, 2020. Posted in Mergers And Acquisitions.

Springfield, MO, Nov. 24, 2020 (GLOBE NEWSWIRE) — BKD Capital Advisors (BKDCA) is pleased to announce that First Illinois Bancorp, Inc. (First Illinois), the holding company of Lindell Bank & Trust Company (Lindell Bank), and Rockwood Bancshares, Inc. (Rockwood), the holding company of Rockwood Bank, have completed a merger in which Rockwood has become a wholly owned subsidiary of First Illinois. BKDCA served as the exclusive financial advisor to Rockwood in this transaction.With the merger complete, Rockwood Bank is expected to consolidate into Lindell Bank and begin operation under the Lindell Bank name in the second quarter of 2021.Lindell Bank and Rockwood Bank share a proud heritage of serving local communities. Lindell Bank serves its customers through 12 banking facilities across Missouri and Illinois. Rockwood serves...

Freddie Mac Issues Monthly Volume Summary for October 2020

Written by Customer Service on November 24, 2020. Posted in Public Companies.

MCLEAN, Va., Nov. 24, 2020 (GLOBE NEWSWIRE) — Freddie Mac (OTCQB: FMCC) today posted to its website its Monthly Volume Summary for October 2020, which provides information on Freddie Mac’s mortgage-related portfolios, securities issuance, risk management, delinquencies, debt activities, and other investments.Freddie Mac makes home possible for millions of families and individuals by providing mortgage capital to lenders. Since our creation by Congress in 1970, we’ve made housing more accessible and affordable for homebuyers and renters in communities nationwide. We are building a better housing finance system for homebuyers, renters, lenders, and taxpayers. Learn more at FreddieMac.com, Twitter @FreddieMac, and Freddie Mac’s blog FreddieMac.com/blog.MEDIA CONTACT: Fred Solomon703-903-3861Frederick_Solomon@freddiemac.comINVESTOR...

21Vianet Group, Inc. Reports Unaudited Third Quarter 2020 Financial Results

Written by Customer Service on November 24, 2020. Posted in Earnings Releases And Operating Results.

BEIJING, Nov. 24, 2020 (GLOBE NEWSWIRE) — 21Vianet Group, Inc. (Nasdaq: VNET) (“21Vianet” or the “Company”), a leading carrier- and cloud-neutral Internet data center services provider in China, today announced its unaudited financial results for the third quarter ended September 30, 2020. The Company will hold a conference call at 8:00 P.M. on Tuesday, November 24, 2020, U.S. Eastern Time to discuss the financial results. Dial-in details are provided at the end of this release.Third quarter 2020 Financial HighlightsNet revenues increased by 27.0% to RMB1.25 billion (US$183.5 million) from RMB981.0 million in the same period of 2019.Adjusted cash gross profit (non-GAAP) increased by 32.6% to RMB526.2 million (US$77.5 million) from RMB396.7 million in the same period of 2019. Adjusted cash gross margin (non-GAAP)...

Grace to Participate in Citi’s Basic Materials Virtual Conference

Written by Customer Service on November 24, 2020. Posted in Public Companies.

COLUMBIA, Md., Nov. 24, 2020 (GLOBE NEWSWIRE) — W. R. Grace & Co. (NYSE:GRA) today announced that Hudson La Force, President and Chief Executive Officer, Bill Dockman, Senior Vice President and Chief Financial Officer, and Jeremy Rohen, Vice President, Investor Relations and Corporate Development, will participate in Citi’s Basic Materials Virtual Conference on Tuesday, Dec. 1, 2020. The company will participate in small group discussions and one-on-one meetings as part of the virtual conference.The investor presentation related to this conference can be accessed at investor.grace.com on the day of the conference.About GraceBuilt on talent, technology, and trust, Grace is a leading global specialty chemical company. The company’s two industry-leading business segments—Catalysts Technologies and Materials Technologies—provide...

BlueCity Announces Acquisition of Finka

Written by Customer Service on November 24, 2020. Posted in Public Companies.

BEIJING, Nov. 25, 2020 (GLOBE NEWSWIRE) — BlueCity Holdings Limited (“BlueCity” or the “Company”) (NASDAQ: BLCT), a world’s leading online LGBTQ platform, today announced that it has entered into a definitive agreement with iRainbow Hong Kong Limited (“Finka”) and all of its subsidiaries and other entities under the control of Finka, pursuant to which BlueCity agreed to acquire 100% equity interests in Finka for an aggregate consideration of RMB240 million in cash. The transaction is subject to customary closing conditions, and the closing is currently expected to occur before mid-December.Finka is a leading gay social networking app in China targeting younger generations. It helps young users establish social contact and record and share their daily life through rich product features like matching, private message, posting moments...

Ebang International Holdings Inc. Announces Closing of Follow-on Offering

Written by Customer Service on November 24, 2020. Posted in Public Companies.

HANGZHOU, China, Nov. 24, 2020 (GLOBE NEWSWIRE) — Ebang International Holdings Inc. (Nasdaq: EBON, the “Company,” “we” or “our”), a leading Bitcoin mining machine producer in the global market in terms of computing power sold in 2019*, announced the initial closing of its previously announced best-efforts follow-on offering for the sale of 4 million units of the 8 million units offered for sale by the Company, at a purchase price of $5.25 per unit, for aggregate gross proceeds of approximately $21.0 million. Each unit consists of one Class A ordinary share and one warrant to purchase one-half of one Class A ordinary share of the Company. Each two warrants have an exercise price per share of $5.50. The units were sold pursuant to our registration statement which was declared effective by the U.S. Securities and Exchange Commission...

FreightCar America, Inc. Announces Receipt of Stockholder Approval for Issuance of Warrant and Funding of New Term Loan

Written by Customer Service on November 24, 2020. Posted in Public Companies.

CHICAGO, Nov. 24, 2020 (GLOBE NEWSWIRE) — FreightCar America, Inc. (NASDAQ: RAIL) (“FreightCar America” or the “Company”) today announced that, at its Special Meeting of Stockholders (the “Special Meeting”), FreightCar America stockholders approved the issuance of a warrant under its previously announced new secured term loan facility with financing partner CO Finance LVS VI LLC (the “Lender”), as well as the funding of the term loan under the facility.“I want to express our gratitude to the stockholders of FreightCar America for voting today to approve the new term loan financing, effectively securing the future of our company and putting FreightCar America in a position to succeed and thrive going forward,” said Jim Meyer, Chief Executive Officer of FreightCar America. “The new financing arrangement, in partnership with our lender,...

Day: November 24, 2020

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