Day: January 26, 2021

MONTREAL, Jan. 26, 2021 (GLOBE NEWSWIRE) — CN (TSX: CNR) (NYSE: CNI) announced today that its Board of Directors has approved the repurchase of its shares under a new normal course issuer bid (Bid) and approved a seven per cent increase in the 2021 dividend on the Company’s common shares outstanding.The Bid permits CN to purchase, for cancellation, over a 12-month period up to 14 million common shares, representing 2.36 per cent of the 593,951,550 common shares issued and outstanding of the Company not held by insiders on January 18, 2021. On that date, 711,653,063 CN common shares were issued and outstanding.The Bid – starting on February 1, 2021, and ending no later than January 31, 2022 – will be conducted through a combination of discretionary transactions and automatic repurchase plans at market prices prevailing at the...

MONTRÉAL, 26 janv. 2021 (GLOBE NEWSWIRE) — Le CN (TSX : CNR) (NYSE : CNI) a annoncé aujourd’hui que son Conseil d’administration a approuvé le rachat d’actions dans le cadre d’une nouvelle offre publique dans le cours normal des activités (« l’Offre »), ainsi qu’une augmentation de 7 % du dividende sur les actions ordinaires en circulation de la Compagnie pour 2021.L’Offre permet au CN de racheter, pour annulation, sur une période de 12 mois une tranche maximale de 14 millions d’actions ordinaires, soit 2,36 % des 593 951 550 actions ordinaires émises et en circulation de la Compagnie, et non détenues par des initiés en date du 18 janvier 2021. À cette date, 711 653 063 actions ordinaires du CN étaient émises et en circulation.L’Offre – débutant le 1er février 2021 et se terminant au plus tard le 31 janvier 2022 – sera réalisée...

Fluid operations and renewed demand set tone for 2021 as company reinstates guidanceMONTREAL, Jan. 26, 2021 (GLOBE NEWSWIRE) — CN (TSX: CNR) (NYSE: CNI) is proud to announce that its diluted earnings per share (EPS) grew 17 per cent, and 14 per cent on an adjusted basis in the fourth quarter, while free cash flow for the full-year 2020 reached a record of over C$3.2 billion. (1)“2020 was a year like no other and thanks to our colleagues, who are essential workers, we got through it together and kept the economy moving while setting impressive new volume records in key markets. Our operations remained very nimble in the fourth quarter as we right-sized to meet the increased demand while we maintained industry leading fuel efficiency. We continue to actively implement our long-term strategy, focusing on sustainable growth and deploying...

La fluidité des activités et la reprise de la demande donnent le ton pour 2021 et permettent à la Compagnie de rétablir ses perspectives financièresMONTRÉAL, 26 janv. 2021 (GLOBE NEWSWIRE) — Le CN (TSX : CNR) (NYSE : CNI) est fier d’annoncer une augmentation de 17 % de son bénéfice par action (BPA) dilué au quatrième trimestre, soit une hausse de 14 % sur une base rajustée, tandis que les flux de trésorerie disponibles pour l’ensemble de 2020 ont atteint un record de plus de 3,2 G$ CA. 1)« 2020 a été une année sans précédent, et grâce à nos collègues, qui sont des travailleurs essentiels, nous avons surmonté les difficultés ensemble et avons continué de faire tourner l’économie tout en établissant de nouveaux records impressionnants sur le plan des volumes dans les marchés clés. Nos activités sont restées très souples au quatrième...

Fourth quarter 2020 includes adoption of the Current Expected Credit Loss (“CECL”) methodology of accounting for credit losses and a prepayment of $160 million in borrowings from the Federal Home Loan Bank of Pittsburgh (“FHLB”).CLEARFIELD, Penn., Jan. 26, 2021 (GLOBE NEWSWIRE) — CNB Financial Corporation (“CNB” or the “Corporation”) (NASDAQ: CCNE), the parent company of CNB Bank, today announced its earnings for the fourth quarter ended December 31, 2020.Joseph B. Bower, Jr., President and CEO, stated, “The year of 2020 will go down in history as one for all to remember. CNB had the daunting task, like all community banks, of helping calm the concerns of local businesses and aiding them in keeping their doors open and their employees engaged. And with the entire world focused on maintaining health and safety, expansion of the economy...

NEW YORK, Jan. 26, 2021 (GLOBE NEWSWIRE) — Peloton Interactive, Inc. (Nasdaq: PTON) will release its second quarter fiscal 2021 results after the U.S. stock market closes on Thursday, February 4, 2021. The Company will hold a conference call to discuss results at 5:00 p.m. (Eastern Time) that day.The U.S. toll free dial-in for the conference call is 1-877-667-0469, and the international dial-in number is 1-346-406-0807. The Conference ID is 4754967. A live webcast of the conference call will also be available on the investor relations page of the company’s website at https://investor.onepeloton.com.For those unable to participate in the conference call, a replay will be available after the conclusion of the call on February 4, 2021 through February 11, 2021. The U.S. toll-free replay dial-in number is 1-855-859-2056, and the...

ACTON, Mass., Jan. 26, 2021 (GLOBE NEWSWIRE) — Psychemedics Corporation (NASDAQ: PMD) announced that Andrew Limbek has joined the Company as Vice President, Controller.In this important role, Andrew will be responsible for directing and managing all of the Company’s financial activities including external reporting and internal analysis. He will report directly to the Company’s CEO.As an active CPA, Andrew joins the Company with over 12 years-experience and a very strong accounting technical background, having worked at three high level accounting advisory firms. In addition, Andrew has had several operational roles including role of Controller at Racepoint Global, Inc., an international, independent professional services agency. Most recently, Andrew has been a consultant as a financial planning and analysis Director at a publicly-held...

LISLE, Ill., Jan. 26, 2021 (GLOBE NEWSWIRE) — CTS Corporation (NYSE: CTS) will release earnings for the fourth quarter and FY2020 at approximately 8:00 a.m. (EST) on Tuesday, February 9, 2021.A conference call to discuss fourth quarter and FY2020 results with management is scheduled for Tuesday, February 9, 2021 at 10:00 a.m. (EST). The dial-in number for the U.S. is 800-309-1256 (720-543-0314, if calling from outside the U.S.). The passcode is 886676.There will be a replay of the conference call from 1:00 p.m. (EST) on Tuesday, February 9, 2021 through 1:00 p.m. (EST) on Tuesday, February 23, 2021. The telephone number for the replay is 888-203-1112 (719-457-0820, if calling from outside the U.S.). The replay passcode is 8354721.A live audio webcast of the conference call will be available and can be accessed directly from the...

WASHINGTON, Jan. 26, 2021 (GLOBE NEWSWIRE) — Huntington Ingalls Industries (NYSE: HII) announced today that James “Jim” Loeblein has been named corporate vice president of customer affairs. Loeblein will relieve Dan Holloway upon his retirement later in 2021 and be responsible for outreach to executive branch principals and the fleet for the Ingalls portfolio. He will be located in HII’s Washington, D.C., office and will report to Mitch Waldman, HII’s executive vice president, government and customer relations.“Jim has extensive naval experience and a strong background in defense policy development and Navy staff operations and strategy,” Waldman said. “I have full confidence in his abilities, and I look forward to working together to position HII and our customers for continued future success.”Loeblein comes to HII from Raytheon...

HUNTINGTON BEACH, CA, Jan. 26, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — One World Universe Inc. (OTC: OWUV), a publicly traded company that invests in sports memorabilia, distressed assets, business opportunities within emerging industries and providing humanitarian efforts in over 185 countries, has issued a corporate update to its shareholders and potential new investors.We are excited to let our investors know that the OWUV website has been launched.  You can visit our website at www.oneworlduniverseinc.com.Our COO and Fox Sports/ESPN “Sport Science” contributor, Bassil Aish, stated, “We are pleased to announce that our website is available for our shareholders to receive our current news.  On this platform we can share our continuing humanitarian efforts into the third world countries; as well as, any new...