Day: January 27, 2021

NorthWest Indiana Bancorp Announces Earnings for the Quarter and Twelve Months Ended December 31, 2020

Written by Customer Service on January 27, 2021. Posted in Earnings Releases And Operating Results.

MUNSTER, Ind., Jan. 27, 2021 (GLOBE NEWSWIRE) — NorthWest Indiana Bancorp (the “Bancorp” or “NWIN”), the holding company for Peoples Bank (the “Bank”), reported record net income of $16.6 million, or $4.80 per share, for the twelve months ended December 31, 2020. Net income for the twelve months ended December 31, 2020, increased by $4.5 million (37.3%), from the twelve months ended December 31, 2019, primarily due to lower interest expense and higher noninterest income. For the twelve months of ended December 31, 2020, the return on average assets (ROA) was 1.16% and the return on average equity (ROE) was 11.51%.For the quarter ended December 31, 2020, the Bancorp’s net income totaled $3.4 million, or $1.00 per share. Net income for the quarter ended December 31, 2020, increased by $806 thousand (30.5%), from the quarter ended December...

Meritage Homes reports record fourth quarter 2020 results including a 420 bps increase in home closing gross margin, 50% increase in diluted EPS and 52% increase in orders over prior year

Written by Customer Service on January 27, 2021. Posted in Earnings Releases And Operating Results.

SCOTTSDALE, Ariz., Jan. 27, 2021 (GLOBE NEWSWIRE) — Meritage Homes Corporation (NYSE: MTH), a leading U.S. homebuilder, today announced fourth quarter and full year results for the periods ended December 31, 2020.Summary Operating Results (unaudited)(Dollars in thousands, except per share amounts)MANAGEMENT COMMENTS“Meritage Homes achieved another record quarter, capping off a full year of outperformance in 2020. While managing the safety, health, and welfare of our employees, customers, and trade partners amidst the pandemic, we still produced our all-time largest annual volume of sales orders and home closings,” said Steven J. Hilton, executive chairman of Meritage Homes. “In the fourth quarter, we continued the momentum we achieved earlier in the year by delivering our highest quarterly home closings and revenue in...

Itaú Corpbanca Files Material Event Notice to Schedule its Annual Ordinary Shareholders’ Meeting

Written by Customer Service on January 27, 2021. Posted in Public Companies.

SANTIAGO, Chile, Jan. 27, 2021 (GLOBE NEWSWIRE) — ITAÚ CORPBANCA (NYSE: ITCB; SSE: ITAUCORP) today announced that it filed a Material Event Notice with the Chilean Commission for the Financial Market reporting that Itaú Corpbanca scheduled the annual ordinary shareholders meeting for March 18, 2021. The full Material Event Notice is available on the company’s investor relations website at ir.itau.cl.About Itaú CorpbancaITAÚ CORPBANCA (NYSE: ITCB; SSE: ITAUCORP) is the entity resulting from the merger of Banco Itaú Chile with and into Corpbanca on April 1, 2016. The current ownership structure is: 39.22% owned by Itaú Unibanco, 27.49% owned by the Saieh Family and 33.29% owned by minority shareholders. Itaú Unibanco is the sole controlling shareholder of the merged bank. Within this context and without limiting the above, Itaú Unibanco...

Savaria (Sweden) AB Announces a Recommended Cash Offer of SEK 50 per Share to the Shareholders of Handicare Group AB

Written by Customer Service on January 27, 2021. Posted in Mergers And Acquisitions.

THIS ANNOUNCEMENT IS NOT AN OFFER, WHETHER DIRECTLY OR INDIRECTLY, IN AUSTRALIA, CANADA, HONG KONG, JAPAN, NEW ZEALAND, SOUTH AFRICA, SWITZERLAND OR THE UNITED STATES OR IN ANY OTHER JURISDICTION WHERE SUCH OFFER PURSUANT TO LEGISLATION AND REGULATIONS IN SUCH RELEVANT JURISDICTION WOULD BE PROHIBITED BY APPLICABLE LAW. SHAREHOLDERS NOT RESIDENT IN SWEDEN WHO WISH TO ACCEPT THE OFFER (AS DEFINED BELOW) MUST MAKE INQUIRIES CONCERNING APPLICABLE LEGISLATION AND POSSIBLE TAX CONSEQUENCES. SHAREHOLDERS SHOULD REFER TO THE OFFER RESTRICTIONS INCLUDED IN THE SECTION TITLED “IMPORTANT NOTICE” AT THE END OF THIS ANNOUNCEMENT AND IN THE OFFER DOCUMENT WHICH WILL BE PUBLISHED SHORTLY BEFORE THE BEGINNING OF THE ACCEPTANCE PERIOD FOR THE OFFER.STOCKHOLM, Sweden, Jan. 27, 2021 (GLOBE NEWSWIRE) — Savaria (Sweden) AB1 (“Savaria (Sweden)”), a company...

Savaria (Sweden) AB offentliggör ett rekommenderat kontanterbjudande om 50 kronor per aktie till aktieägarna i Handicare Group AB

Written by Customer Service on January 27, 2021. Posted in Mergers And Acquisitions.

DETTA PRESSMEDDELANDE UTGÖR INTE ETT ERBJUDANDE, VARKEN DIREKT ELLER INDIREKT, I AUSTRALIEN, HONGKONG, JAPAN, KANADA, NYA ZEELAND, SCHWEIZ, SYDAFRIKA ELLER USA, ELLER I NÅGON ANNAN JURISDIKTION DÄR ETT ERBJUDANDE ENLIGT LAGAR OCH REGLER I SÅDAN RELEVANT JURISDIKTION SKULLE VARA FÖRBJUDET ENLIGT TILLÄMPLIG LAG. AKTIEÄGARE SOM INTE ÄR BOSATTA I SVERIGE SOM ÖNSKAR ACCEPTERA ERBJUDANDET (DEFINIERAT NEDAN) MÅSTE GENOMFÖRA NÄRMARE UNDERSÖKNINGAR AVSEENDE TILLÄMPLIG LAGSTIFTNING OCH MÖJLIGA SKATTEKONSEKVENSER. AKTIEÄGARE HÄNVISAS TILL DE ERBJUDANDERESTRIKTIONER SOM FRAMGÅR AV AVSNITTET ”VIKTIG INFORMATION” I SLUTET AV DETTA PRESSMEDDELANDE OCH AV DEN ERBJUDANDEHANDLING SOM KOMMER ATT PUBLICERAS STRAX FÖRE BÖRJAN AV ACCEPTPERIODEN FÖR ERBJUDANDET.STOCKHOLM, Sverige, Jan. 27, 2021 (GLOBE NEWSWIRE) — Savaria (Sweden) AB1 (“Savaria (Sweden)”),...

Itaú Corpbanca Files Material Event Notice Announcing the Resignation and Appointment of a Director

Written by Customer Service on January 27, 2021. Posted in Public Companies.

SANTIAGO, Chile, Jan. 27, 2021 (GLOBE NEWSWIRE) — ITAÚ CORPBANCA (NYSE: ITCB; SSE: ITAUCORP) today announced that it filed a Material Event Notice with the Chilean Commission for the Financial Market reporting that Mr. Caio Ibrahim David resigned from his position as director of Itaú Corpbanca. The board of directors appointed Mr. Matias Granata as Mr. David’s replacement effective immediately. Mr. Granata shall hold office until the next annual ordinary shareholders’ meeting. The full Material Event Notice is available on the company’s investor relations website at ir.itau.cl.About Itaú CorpbancaITAÚ CORPBANCA (NYSE: ITCB; SSE: ITAUCORP) is the entity resulting from the merger of Banco Itaú Chile with and into Corpbanca on April 1, 2016. The current ownership structure is: 39.22% owned by Itaú Unibanco, 27.49% owned by the Saieh...

AGTC Announces First Reported Improvements in Visual Sensitivity for Achromatopsia (ACHM) patients from its Ongoing Clinical Trials

Written by Customer Service on January 27, 2021. Posted in Public Companies.

-Preliminary results suggest sustained improvements to 12-months in visual sensitivity, as measured by full field static perimetry, supported in some patients by other endpoints--Company plans longer term follow-up, dosing of younger pediatric patients, and addition of new brain imaging and color brightness tests-GAINESVILLE, Fla., and CAMBRIDGE, Mass., Jan. 27, 2021 (GLOBE NEWSWIRE) — Applied Genetic Technologies Corporation (Nasdaq: AGTC), a biotechnology company conducting human clinical trials of adeno-associated virus (AAV)-based gene therapies for the treatment of rare diseases, is today providing an update on its ongoing clinical trials in patients with achromatopsia (ACHM). The Company believes the additional data reported today provides the first reported quantitative evidence of improvements in visual sensitivity, supports...

Northeast Bank Reports Second Quarter Results and Declares Dividend

Written by Customer Service on January 27, 2021. Posted in Earnings Releases And Operating Results.

PORTLAND, Maine, Jan. 27, 2021 (GLOBE NEWSWIRE) — Northeast Bank (the “Bank”) (NASDAQ: NBN), a Maine-based full-service bank, today reported net income of $8.2 million, or $0.98 per diluted common share, for the quarter ended December 31, 2020, compared to net income of $4.9 million, or $0.53 per diluted common share, for the quarter ended December 31, 2019. Net income for the six months ended December 31, 2020 was $16.0 million, or $1.92 per diluted common share, compared to $9.6 million, or $1.05 per diluted common share, for the six months ended December 31, 2019.The Board of Directors declared a cash dividend of $0.01 per share, payable on February 24, 2021, to shareholders of record as of February 10, 2021.“We reported strong results in our second fiscal quarter,” said Rick Wayne, Chief Executive Officer. “We closed on our...

Crown Castle and Verizon Expand Strategic Relationship with Long-Term 5G Small Cell Commitment

Written by Customer Service on January 27, 2021. Posted in Public Companies.

HOUSTON, Jan. 27, 2021 (GLOBE NEWSWIRE) — Crown Castle International Corp. (NYSE: CCI) (“Crown Castle”) announced today that it has signed a new long-term agreement with Verizon to support Verizon’s 5G Ultra Wideband and 5G Nationwide deployment. Specifically, Verizon has committed to lease 15,000 new small cells from Crown Castle over the next four years. Once installed, the small cell leases will have an initial term of 10 years.“Verizon has led the industry in 5G deployment and has been at the forefront of building a strong ecosystem of stakeholders who will continue to drive forward this essential platform for innovation,” said Gina Cacciatore, Executive Director of Network Engineering and Operations for Verizon. “This agreement with Crown is an important component of our 5G expansion plans and will advance the infrastructure...

Landstar System Reports All-Time Quarterly Records With Revenue of $1.296 Billion and Diluted Earnings Per Share of $1.70 in the 2020 Fourth Quarter

Written by Customer Service on January 27, 2021. Posted in Public Companies.

JACKSONVILLE, Fla., Jan. 27, 2021 (GLOBE NEWSWIRE) — Landstar System, Inc. (NASDAQ: LSTR) reported all-time quarterly records with revenue of $1.296 billion and diluted earnings per share of $1.70 in the 2020 fourth quarter. Diluted earnings per share in the quarter included a previously announced one-time cost of $15.5 million, or $0.31 per diluted share, related to buyouts of certain incentive commission arrangements with several of its independent sales agents due to the Company’s discontinuation of a truck owner-operator recruitment and retention program formerly involving those agents. Landstar reported revenue of $994.9 million and diluted earnings per share of $1.27 in the 2019 fourth quarter. Gross profit in the 2020 fourth quarter of $182.4 million, 23 percent above 2019 fourth quarter gross profit of $148.7 million, was...

Day: January 27, 2021

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