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Month: December 2020

Fairfax Announces Reset Dividend Rate on Its Series I Preferred Shares and Quarterly Dividend on Series C, D, E, F, G, H, I, J, K and M Preferred Shares and Quarterly Dividend Rate for Series D, F, H and J Preferred Shares

TORONTO, Dec. 02, 2020 (GLOBE NEWSWIRE) — Fairfax Financial Holdings Limited (“Fairfax”) (TSX: FFH and FFH.U) announces that it has determined the fixed dividend rate on its Cumulative 5-Year Rate Reset Preferred Shares, Series I (the “Series I Shares”) (TSX: FFH.PR.I) for the five years commencing January 1, 2021 and ending December 31, 2025. The fixed quarterly dividends on the Series I Shares during that period, if and when declared, will be paid at an annual rate of 3.327% (C$0.207938 per share per quarter).Holders of Series I Shares have the right, at their option, exercisable not later than 5:00 p.m. (Toronto time) on December 16, 2020, to convert all or part of their Series I Shares, on a one-for-one basis, into Cumulative Floating Rate Preferred Shares, Series J (the “Series J Shares”) (TSX: FFH.PR.J), effective December...

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MarketAxess Announces Monthly Volume Statistics for November 2020

NEW YORK, Dec. 02, 2020 (GLOBE NEWSWIRE) — MarketAxess Holdings Inc. (Nasdaq: MKTX), the operator of a leading electronic trading platform for fixed-income securities, and the provider of market data and post-trade services for the global fixed-income markets, today announced monthly trading volume for November 2020 of $503.8 billion consisting of $219.2 billion in credit volume and $284.7 billion in rates volume.Reported MarketAxess volume in all product categories includes only fully electronic trading volume. MarketAxess trading volumes, TRACE reported volumes and Trax® processed volumes are available on the Company’s website at investor.marketaxess.com/volume.cfmCautionary Note Regarding Forward-Looking StatementsThis press release may contain forward-looking statements, including statements about the outlook and prospects for...

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The Board of Directors of Orange Belgium has taken note of the press release of Orange SA issued on December 2, 2020 announcing the launch of a public takeover bid

Press releaseBrussels, December 2, 2020The Board of Directors of Orange Belgium has taken note of the press release of Orange SA issued on December 2, 2020 announcing the launch of a public takeover bidThe Board of Directors of Orange Belgium has taken note of the press release of Orange SA issued on December 2, 2020 announcing the launch of a public takeover bid for Orange Belgium shares listed on Euronext Brussels. The Board of Directors of Orange Belgium will meet as soon as possible to take note and examine the content of the offer in accordance with the legal provisions.The Board of Directors also informs the market of the suspension of the liquidity agreement with a financial institution following the authorization given by the general shareholders’ meeting.About Orange BelgiumOrange Belgium is a leading telecommunications...

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De Raad van Bestuur van Orange Belgium heeft kennis genomen van het persbericht van Orange SA van 2 december 2020, waarin de lancering van een openbaar overnamebod wordt aangekondigd

PersberichtBrussel, 2 december 2020De Raad van Bestuur van Orange Belgium heeft kennis genomen van het persbericht van Orange SA van 2 december 2020, waarin de lancering van een openbaar overnamebod wordt aangekondigdDe Raad van Bestuur van Orange Belgium heeft kennis genomen van het persbericht van Orange SA van 2 december 2020, waarin de lancering van een openbaar overnamebod op de aandelen van Orange Belgium op Euronext Brussel wordt aangekondigd. De Raad van Bestuur van Orange Belgium zal zo snel mogelijk bijeenkomen om kennis te nemen van de inhoud van het aanbod en deze te onderzoeken in overeenstemming met de wettelijke bepalingen.De Raad van Bestuur informeert de markt ook over de opschorting van het liquiditeitscontract met een financiële instelling na de machtiging door de algemene vergadering van aandeelhouders.Over Orange...

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Le Conseil d’administration d’Orange Belgium a pris connaissance du communiqué de presse d’Orange SA émis le 2 décembre 2020 faisant état du lancement d’une offre publique d’acquisition volontaire.

Communiqué de presseBruxelles, le 2 décembre 2020Le Conseil d’administration d’Orange Belgium a pris connaissance du communiqué de presse d’Orange SA émis le 2 décembre 2020 faisant état du lancement d’une offre publique d’acquisition volontaire.  Le Conseil d’administration d’Orange Belgium a pris connaissance du communiqué de presse d’Orange SA émis le 2 décembre 2020 faisant état du lancement d’une offre publique d’acquisition volontairesur les titres d’Orange Belgium cotés à Euronext Brussels. Le Conseil d’administration d’Orange Belgium se réunira dans les meilleurs délais pour prendre connaissance et examiner le contenu de l’offre conformément aux dispositions légales.Le Conseil d’administration informe également le marché de la suspension du contrat de liquidité passé avec une institution financière suite à l’autorisation donnée...

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Search Closes Shares for Debt Transaction & Loan Extension

Not for distribution to U.S. Newswire Services or for dissemination in the United States. Any failure to comply with this restriction may constitute a violation of U.S. securities laws.VANCOUVER, British Columbia, Dec. 02, 2020 (GLOBE NEWSWIRE) — Search Minerals Inc. (TSXV: SMY) (“Search” or the “Company”) is pleased to announce, further to its news release dated November 12, 2020 (the “Initial News Release”), that the Company has completed its previously announced shares for debt transaction and loan extension.The Company has issued an aggregate of 3,815,060 Shares at a price of $0.05 per Share in settlement of outstanding debt of approximately $190,753 (the “Shares for Debt Transaction”), owing to certain arm’s length and non-arm’s length parties (together, the “Creditors”). The Company decided to settle the outstanding debt with...

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AssetMark to Participate in Upcoming Investor Conferences

CONCORD, Calif., Dec. 02, 2020 (GLOBE NEWSWIRE) — AssetMark Financial Holdings, Inc. (NYSE: AMK) today announced that the Company will be attending the following investor conferences in December.On December 3rd, the Company will present and participate at the D.A. Davidson FinTech & Payments Spotlight Virtual Conference. The presentation will begin at 2:15 p.m. ET.On December 8th and 9th, the Company will present and participate at the Goldman Sachs 2020 US Financial Services Conference. The presentation will begin at 11:20 a.m. ET.On December 8th, the Company will participate in a group meeting at the BMO 2020 Growth & ESG Conference.At each conference mentioned above the Company will be hosting one-on-one or group meetings throughout the day. Analysts and portfolio managers that wish to attend these conferences or would...

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ABM Industries to Announce Fourth Quarter and Full Year 2020 Financial Results

Conference Call to be Held on December 17th, 2020, at 8:30 AM (ET)NEW YORK, Dec. 02, 2020 (GLOBE NEWSWIRE) — ABM (NYSE: ABM), a leading provider of facility solutions, announced today that it will release its earnings results for the Company’s fiscal fourth quarter and full year 2020 on Wednesday, December 16, 2020, after market close.ABM will host its quarterly conference call for all interested parties on Thursday, December 17, 2020, at 8:30 AM (ET). The live conference call can be accessed via audio webcast at the ‘Investors’ section of the Company’s website, located at www.abm.com, or by dialing (877) 451-6152 approximately 15 minutes prior to the scheduled time.A supplemental presentation will accompany the webcast on the Company’s website.A replay will be available approximately two hours after the recording through December...

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Costco Wholesale Corporation Reports November and First Quarter Fiscal Year 2021 Sales Results

ISSAQUAH, Wash., Dec. 02, 2020 (GLOBE NEWSWIRE) — Costco Wholesale Corporation (“Costco” or the “Company”) (Nasdaq: COST) today reported net sales of $15.67 billion for the retail month of November, the four weeks ended November 29, 2020, an increase of 15.1 percent from $13.62 billion last year.For the twelve-week first quarter ended November 22, 2020, the Company reported net sales of $42.35 billion, an increase of 16.9 percent from $36.24 billion last year.For the thirteen weeks ended November 29, 2020, the Company reported net sales of $46.33 billion, an increase of 16.0 percent from $39.95 billion during the similar period last year.Comparable sales were as follows:Comparable sales excluding the impacts from changes in gasoline prices and foreign exchange were as follows:Additional discussion of these results is available in...

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Kornit Digital to Present at Upcoming Virtual Investor Conference

ROSH HA’AYN, Israel, Dec. 02, 2020 (GLOBE NEWSWIRE) — Kornit Digital (Nasdaq: KRNT), a company that develops, manufactures and markets industrial digital printing technologies for the textile industry, today announced that management, will present and host one-on-one investor meetings at the following conference:Barclays Global Technology, Media and Telecommunications ConferenceDate: Wednesday, December 9, 2020Virtual Presentation Time: 9:00 am ETThe presentation will be available via live audio webcast and archived replay on Kornit’s investor relations website at http://ir.kornit.com/.About Kornit DigitalKornit Digital Ltd. (NASDAQ: KRNT) develops, manufactures and markets industrial digital printing technologies for the garment, apparel and textile industries. Kornit delivers complete solutions, including digital printing systems,...

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