Day: January 26, 2021

Scorpio Bulkers Inc. to Announce Fourth Quarter 2020 Results

Written by Customer Service on January 26, 2021. Posted in Public Companies.

MONACO, Jan. 26, 2021 (GLOBE NEWSWIRE) — Scorpio Bulkers, Inc. (NYSE: SALT) (the “Company”) plans to announce fourth quarter 2020 financial results in a press release that will be issued before the market opens on Tuesday, February 2, 2021.A conference call to discuss the Company’s results will be held at 9:00 AM Eastern Standard Time / 3:00 PM Central European Time on February 2, 2021. Those wishing to listen to the call should dial 1 (866) 219-5268 (U.S.) or 1 (703) 736-7424 (International) at least 10 minutes prior to the start of the call to ensure connection. The conference participant passcode is 1378047. The information provided on the teleconference is only accurate at the time of the conference call, and the Company will take no responsibility for providing updated information.There will also be a simultaneous live webcast...

Extension of Recommended Cash Offer for G4S plc and Acceptance Level Update

Written by Customer Service on January 26, 2021. Posted in Mergers And Acquisitions.

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION.FOR IMMEDIATE RELEASE26 January 2021Extension of Recommended Cash Offer for G4S plc and Acceptance Level UpdateOn 8 December 2020, the boards of directors managing Allied Universal Topco LLC (“Allied Universal”) and of G4S plc (“G4S” or the “Company”) announced that they had reached agreement on the terms of a recommended cash offer, to be made by Atlas UK Bidco Limited (“Allied Bidco”), a newly incorporated entity that is indirectly controlled by Allied Universal, to acquire the entire issued and to be issued share capital of G4S (the “Offer”). The full terms of, and conditions to, the Offer and the procedures for acceptance were set out in the offer...

First Citizens BancShares Reports Earnings for Fourth Quarter and Full Year 2020

Written by Customer Service on January 26, 2021. Posted in Earnings Releases And Operating Results.

RALEIGH, N.C., Jan. 26, 2021 (GLOBE NEWSWIRE) — First Citizens BancShares Inc. (“BancShares”) (Nasdaq: FCNCA) reported strong earnings for the fourth quarter of 2020. Key results for the quarter ended December 31, 2020, are presented below:ONGOING COVID-19 RESPONSEBancShares remains in a strong capital and liquidity position providing stability in navigating the COVID-19 crisis. Our leadership team continues to work to identify and enact appropriate measures in an effort to protect the welfare of our employees and soundness of the organization, while continuing to support our customers. Our branches have re-opened with enhanced safety protocols and our corporate locations remain at limited occupancy due to current virus trends.Through December 31, 2020, over 97% of all COVID-19 related loan extensions have begun repayment. Delinquency...

Navient posts fourth quarter 2020 financial results

Written by Customer Service on January 26, 2021. Posted in Earnings Releases And Operating Results.

WILMINGTON, Del., Jan. 26, 2021 (GLOBE NEWSWIRE) — Navient (Nasdaq: NAVI), a leading provider of education loan management and business processing solutions, today posted its 2020 fourth quarter financial results. The complete financial results release is available on the company’s website at Navient.com/investors. The results will also be available on Form 8-K on the SEC’s website at www.sec.gov.Navient will hold a conference call tomorrow, Jan. 27, 2021, at 8 a.m. ET, hosted by Jack Remondi, president and CEO, and Joe Fisher, CFO.To access the conference call, dial 855-838-4156 (USA and Canada) or 267-751-3600 (international) and use access code 1768064 starting at 7:45 a.m. ET. The live audio webcast will be available on Navient.com/investors. Supplemental financial information and presentation slides used during the call will...

First Citizens BancShares Declares Dividends

Written by Customer Service on January 26, 2021. Posted in Dividend Reports And Estimates.

RALEIGH, N.C., Jan. 26, 2021 (GLOBE NEWSWIRE) — The Board of Directors of First Citizens BancShares Inc. (Nasdaq: FCNCA) declared on Jan. 26, 2021, a quarterly dividend of 47 cents per share on the company’s Class A and Class B common stock. The dividend is payable April 5, 2021, to shareholders of record March 15, 2021.The Board also declared a regular quarterly dividend on the company’s 5.375% non-cumulative perpetual preferred stock, Series A, to be paid on March 15, 2021, to holders of record as of Feb. 28, 2021.There are currently 345,000 outstanding shares of the Series A preferred stock which are held pursuant to a Deposit Agreement dated March 12, 2020. Under that agreement, an aggregate of 13,800,000 depositary shares were issued, each representing a 1/40th interest in a share of the Series A preferred stock.ABOUT FIRST...

RPT Realty Announces Tax Reporting Information for Its 2020 Dividend Distributions

Written by Customer Service on January 26, 2021. Posted in Dividend Reports And Estimates.

NEW YORK, Jan. 26, 2021 (GLOBE NEWSWIRE) — RPT Realty (NYSE:RPT) (the “Company”) announced today tax reporting information for the 2020 dividend distributions on its common and preferred shares.The January 2, 2020 common share and preferred share distributions are included in the tax allocations for 2020. The January 4, 2021 preferred share distributions will be included in the tax allocations for 2021.The tax reporting information as it will be reported on the Form 1099-DIV, on a per share basis, is as follows:Common Shares (NYSE: RPT); CUSIP #’s 74971D 101, 751452103 and 751452202Preferred Shares (NYSE: RPT.PD); CUSIP #’s 74971D 200 and 7514526081 Represents a return of stockholders’ original investment.2 Represents qualified REIT dividends that may be eligible for the 20% qualified business income deduction under Section 199A...

DZS Announces Launch of Public Offering of Common Stock

Written by Customer Service on January 26, 2021. Posted in Public Companies.

PLANO, Texas, Jan. 26, 2021 (GLOBE NEWSWIRE) — DZS Inc. (NASDAQ: DZSI) (the “Company” or “DZS”) today announced the launch of an underwritten registered public offering of shares of its common stock. The Company expects to grant the underwriters a 30-day option to purchase up to an additional 15% of the shares of its common stock sold in the proposed offering. All shares of common stock to be sold in the proposed offering will be offered by the Company. The proposed offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering. The Company intends to use the net proceeds from the offering, if completed, to repay outstanding borrowings under loans to DASAN Networks, Inc. and for general corporate purposes, which...

DD3 Acquisition Corp. II Announces the Separate Trading of Its Class A Common Stock and Warrants Commencing on or About January 27, 2021

Written by Customer Service on January 26, 2021. Posted in Public Companies.

MEXICO CITY, Jan. 26, 2021 (GLOBE NEWSWIRE) — DD3 Acquisition Corp. II (the “Company”), today announced that holders of the units sold in the Company’s initial public offering of 12,500,000 units completed on December 10, 2020 (the “offering”) may elect to separately trade the shares of Class A common stock and warrants included in the units commencing on or about January 27, 2021. Any units not separated will continue to trade on the Nasdaq Capital Market (“Nasdaq”) under the symbol “DDMXU,” and each of the shares of Class A common stock and warrants will separately trade on Nasdaq under the symbols “DDMX” and “DDMXW,” respectively. No fractional warrants will be issued upon separation of the units and only whole warrants will trade. Holders of units will need to have their brokers contact Continental Stock Transfer & Trust...

Western New England Bancorp, Inc. Reports Results for Three Months and Year Ended December 31, 2020 and Declares Quarterly Cash Dividend

Written by Customer Service on January 26, 2021. Posted in Public Companies.

WESTFIELD, Mass., Jan. 26, 2021 (GLOBE NEWSWIRE) — Western New England Bancorp, Inc. (the “Company” or “WNEB”) (NasdaqGS: WNEB), the holding company for Westfield Bank (the “Bank”), announced today the unaudited results of operations for the three and twelve months ended December 31, 2020. For the three months ended December 31, 2020, the Company reported net income of $5.0 million, or $0.20 diluted earnings per share, compared to net income of $3.4 million, or $0.13 diluted earnings per share, for the three months ended December 31, 2019. On a linked quarter basis, net income was $5.0 million, or $0.20 diluted earnings per share, as compared to net income of $2.1 million, or $0.08 diluted earnings per share, for the three months ended September 30, 2020. For the twelve months ended December 31, 2020, net income was $11.2 million,...

AMD Reports Fourth Quarter and Full Year 2020 Financial Results

Written by Customer Service on January 26, 2021. Posted in Public Companies.

― Quarterly revenue of $3.24B up 53% year-over-year; Full year revenue of $9.76B up 45%; quarterly and full year net income more than doubled from prior year ―SANTA CLARA, Calif., Jan. 26, 2021 (GLOBE NEWSWIRE) — AMD (NASDAQ:AMD) today announced revenue for the fourth quarter of 2020 of $3.24 billion, operating income of $570 million, net income of $1.78 billion and diluted earnings per share of $1.45. Fourth quarter net income included an income tax benefit of $1.30 billion associated with a valuation allowance release, which contributed $1.06 to EPS. On a non-GAAP(*) basis, operating income was $663 million, net income was $636 million and diluted earnings per share was $0.52.For full year 2020, the company reported revenue of $9.76 billion, operating income of $1.37 billion, net income of $2.49 billion and diluted earnings per...

Day: January 26, 2021

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