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Day: December 4, 2020

Flushing Bank Has Plans to Open a New Location on Sutphin Boulevard in Jamaica, NY

UNIONDALE, N.Y., Dec. 04, 2020 (GLOBE NEWSWIRE) — Flushing Financial Corporation (the “Company”) (Nasdaq: FFIC), the parent holding company for Flushing Bank (the “Bank”), announced that the Bank plans to open a new location at 89-12 Sutphin Boulevard, Jamaica, NY.  This full-service branch will be opening later this month.John R. Buran, President and CEO of Flushing Bank, stated: “This new Jamaica location will expand our presence in Queens and showcase our Universal Banker model with unique services including our Appointment Banking and Video Banker. We are excited to continue our planned expansion of this new way to bank and introduce our enhanced digital services that provide customers with mobile access to their accounts wherever and whenever they choose. Flushing Bank has a long history of serving the diverse, multicultural...

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Qgiv Announces Record-Breaking Giving Tuesday for the Company with Millions Raised by Nonprofits

Lakeland, FLA., Dec. 04, 2020 (GLOBE NEWSWIRE) — Qgiv, a leading provider of nonprofit fundraising technology, had a record-breaking Giving Tuesday for the seventh consecutive year. Qgiv clients raised millions on Giving Tuesday, with a 108% increase in dollars raised on the platform and a 100% increase in the total number of donations. This marks Qgiv’s most successful fundraising day in company history.“Since the onset of the pandemic, more and more nonprofits have adopted digital fundraising tools,” said Todd Baylis, CEO and co-founder of Qgiv, Inc. “And despite economic hardship and the challenges this year has presented, we continue to see an outpouring of generosity toward nonprofits and the causes they represent. We’re proud to offer digital fundraising tools that make online giving easy for thousands of nonprofits, and we’re...

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Employee representation in the Board of Directors of NKT A/S

Company Announcement4 December 2020Announcement No. 27Employee representation in the Board of Directors of NKT A/SJack Ejlertsen, who is employee elected member of the NKT A/S Board of Directors has resigned from his position as Operator and Team Coordinator at NKT per 31 December 2020, and consequently he will also step down as member of the Board.In his place René Dogan, Senior Sales Manager Service at NKT, will join as new member of the Board. He was elected as alternate board member at the most recent ordinary election of employee representatives and alternate members of the Board of Directors of NKT A/S which was held on 15 March 2018.ContactInvestor Relations:    Michael Nass Nielsen, Head of Investor Relations, tel: +45 2494 1654Media Relations:       Helle Gudiksen, Head of Group Communications, tel: +45 2349 9098AttachmentEmployee...

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Medarbejderrepræsentation i bestyrelsen for NKT A/S

Selskabsmeddelelse4. december 2020Meddelelse nr. 27Medarbejderrepræsentation i bestyrelsen for NKT A/SMedarbejdervalgt bestyrelsesmedlem Jack Ejlertsen fratræder sin stilling som operatør og teamkoordinator i NKT og dermed også som bestyrelsesmedlem den 31. december 2020. I stedet indtræder Senior Sales Manager Service, René Dogan i bestyrelsen. Han blev valgt som suppleant den 15. marts 2018 ved det seneste ordinære valg af medarbejder-repræsentanter og suppleanter til bestyrelsen i NKT A/S.KontaktInvestor Relations:    Michael Nass Nielsen, Head of Investor Relations, tlf.: +45 2494 1654Presse:                     Helle Gudiksen, Head of Group Communications, tlf.: +45 2349 9098Vedhæftet filMedarbejderrepræsentation i bestyrelsen for NKT_27

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California Public Utilities Commission Issues Decision on Cal Water’s 2018 General Rate Case

SAN JOSE, Calif., Dec. 04, 2020 (GLOBE NEWSWIRE) — The California Public Utilities Commission (CPUC) issued its decision yesterday on the 2018 General Rate Case and Infrastructure Improvement Plan for California Water Service (Cal Water), the largest subsidiary of California Water Service Group (NYSE: CWT). The decision marks the end of an extensive review of the utility’s water system improvement plans, costs, and rates.The decision by the CPUC, the governmental body responsible for providing independent oversight and setting water rates that reflect the actual costs of providing service, adopts the proposed decision issued October 14, 2020, by the Administrative Law Judge overseeing the case. The proposed decision had approved the settlement reached in October 2019 by Cal Water and the CPUC’s Public Advocates Office, allowed Cal...

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WSFS Financial Corporation Announces Pricing of Senior Notes Offering

WILMINGTON, Del., Dec. 04, 2020 (GLOBE NEWSWIRE) — WSFS Financial Corporation (Nasdaq:WSFS), the parent company of WSFS Bank, today announced the pricing of its underwritten public offering of $150,000,000 million aggregate principal amount of Fixed-to-Floating Rate Senior Notes due 2030 (the “Notes”). The Notes will bear interest from and including December 8, 2020 to but excluding December 15, 2025, at a fixed rate of 2.75% per annum, payable semi-annually in arrears. From and including December 15, 2025 to but excluding the maturity date or earlier redemption date, the interest rate will reset quarterly at an annual floating rate equal to a benchmark rate (which is expected to be Three-Month Term SOFR (as defined in the Notes)) plus 248.5 basis points, payable quarterly in arrears. The Notes were offered to the public...

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ADT Inc. Announces Tender Offers for Up to an Aggregate of $300 Million Outstanding 6.250% Second-Priority Senior Secured Notes due 2028 and 4.875% First-Priority Senior Secured Notes due 2032

BOCA RATON, Fla., Dec. 04, 2020 (GLOBE NEWSWIRE) — ADT Inc. (NYSE: ADT) (the “Company” or “ADT”), a leading provider of security, automation, and smart home solutions serving consumer and business customers in the United States, today announced that Prime Security Services Borrower, LLC, Prime Finance Inc. and The ADT Security Corporation (the “Offerors”), each a wholly-owned subsidiary of ADT, have commenced tender offers to purchase (the “Tender Offers”) up to $300 million aggregate principal amount (the “Aggregate Offer Limit”) of their outstanding 6.250% Second-Priority Senior Secured Notes due 2028 (the “2028 Notes”) and 4.875% First-Priority Senior Secured Notes due 2032 (the “2032 Notes” and together with the 2028 Notes, the “Notes”). ADT will fund the Offers with cash on hand.  In September 2020, ADT received $450 million...

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Foghorn Therapeutics Announces Third Quarter 2020 Financial Results and Provides Corporate Update

– Well positioned to advance broad pipeline with recent completion of IPO and Merck collaboration– On track to submit an IND for FHD-286 by year end 2020 and for FHD-609 during the first half of 2021– Strengthened management team with the appointment of Michael LaCascia as Chief Legal OfficerCAMBRIDGE, Mass., Dec. 04, 2020 (GLOBE NEWSWIRE) — December 4, 2020—Foghorn Therapeutics Inc. (Nasdaq: FHTX), a company pioneering the discovery and development of a new class of medicines targeting genetically determined dependencies within the chromatin regulatory system, today reported financial results for the third quarter ended September 30, 2020 and provided a corporate update.“This is an eventful period for Foghorn as the company is on the cusp of transitioning our first two compounds into clinical studies,” said Adrian Gottschalk, CEO...

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Meten EdtechX Announces Financial Results for the Third Quarter and the Nine Months ended September 30, 2020

SHENZHEN, China, Dec. 04, 2020 (GLOBE NEWSWIRE) — Meten EdtechX Education Group Ltd. (NASDAQ: METX) (“Meten EdtechX” or the “Company”), a leading English language training (“ELT”) service provider in China, today announces its unaudited financial results for the third quarter and the nine months ended September 30, 2020.HighlightsQ3 2020 revenue decreased 29.6% year-on-year to RMB 297.7 million (US$ 43.8 million), but increased by 57.3% versus Q2 2020, as trading conditions in the third quarter of 2020 continued to improve in line with a normalized operating environment. 9M 2020 revenue decreased 38.9% year-on-year to RMB 668.6 million (US$ 98.5 million), largely due to the impact of the COVID-19 pandemic during the first half of 2020.Supported by investments in the online ELT segments and new product development, revenue generation...

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Ørsted divests 25% of Ocean Wind to PSEG

Ørsted has entered into an agreement to sell a 25% ownership interest in its 1,100MW Ocean Wind offshore wind project to New Jersey’s Public Service Enterprise Group (PSEG). PSEG’s contribution will include both a conventional and tax equity investment in the project. The partners did not disclose the value of the transaction.In June 2019, Ocean Wind was selected by The New Jersey Board of Public Utilities (NJBPU) to build New Jersey’s first large-scale offshore wind farm.The Ocean Wind project could provide first power in late 2024, subject to federal permitting timelines, other development and construction activities, and final investment decisions by Ørsted and PSEG. Completion of the acquisition is anticipated to occur in the first half of 2021, subject to approval by the New Jersey Board of Public Utilities and other customary closing...

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