Month: January 2021

WALLA WALLA, Wash., Jan. 21, 2021 (GLOBE NEWSWIRE) — Banner Corporation (NASDAQ GSM: BANR) (“Banner”), the parent company of Banner Bank and Islanders Bank, today reported net income of $39.0 million, or $1.10 per diluted share, for the fourth quarter 2020, a 7% increase compared to $36.5 million, or $1.03 per diluted share, in the preceding quarter and a 16% increase compared to $33.7 million, or $0.95 per diluted share, in the fourth quarter of 2019. Net income for 2020 was $115.9 million, or $3.26 per diluted share, compared to $146.3 million, or $4.18 per diluted share for 2019. Full year 2020 results include $64.3 million in provision for credit losses primarily resulting from the COVID-19 pandemic, compared to $10.0 million in provision for credit losses in 2019. The 2020 results also include $2.1 million of merger and acquisition-related...

THE WOODLANDS, Texas, Jan. 21, 2021 (GLOBE NEWSWIRE) — LGI Homes, Inc. (NASDAQ: LGIH) today announced that the Company will release financial results for the fourth quarter and full year ended December 31, 2020 before the market opens on Tuesday, February 23, 2021. The Company will hold a conference call at 12:30 p.m. Eastern Time the same day to discuss the results.A link to the live audio webcast will be provided through the Investors page of the Company’s website at www.investor.lgihomes.com under the Events and Presentations section.The call can also be accessed by dialing (855) 433-0929 for domestic participants or (970) 315-0256 for international participants. Participants should ask for the LGI Homes Earnings Conference Call or reference number 1655901.An archive of the webcast will be available for replay on the Company’s...

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATESIMPORTANT INSTRUCTIONS TO RECEIVE SECURITIES UNDER THE PROPOSALVANCOUVER, British Columbia, Jan. 21, 2021 (GLOBE NEWSWIRE) — Nabis Holdings Inc. (CSE: NAB) (OTC: NABIF) (FRA: A2PL) (“Nabis” or the “Company”) is providing an important update to the Company’s previously announced proposal (as amended from time to time, the “Proposal”) under the Bankruptcy and Insolvency Act (Canada), pursuant to which the Company will implement a recapitalization of the Company’s outstanding CDN$35 million principal amount of 8.0% unsecured convertible debentures (the “Debentures”) and all other debts of the Company (the “Recapitalization”). Further to the Company’s news release dated January 4, 2021, the Company intends on implementing the Proposal on or prior to...

— Malcom Tyson appointed to accelerate the growth of Colliers Australia —TORONTO, Jan. 21, 2021 (GLOBE NEWSWIRE) — Leading diversified professional services and investment management firm, Colliers International (NASDAQ and TSX: CIGI) today announced that Malcom Tyson has been appointed as Chief Executive Officer | Australia.Tyson has been a senior member of Colliers’ Australian and New Zealand Executive Leadership team since 2005 and held a variety of executive and operational roles. He will take over the position of CEO from John Kenny, who was appointed as Chief Executive Officer | Asia Pacific at the beginning of 2020 after 15 years in the Australian role.“Malcom is a proven, disciplined and trusted leader. He brings more than 30 years of real estate and business experience to the position and is regarded as a leader...

PHOENIX, Jan. 21, 2021 (GLOBE NEWSWIRE) — Cavco Industries, Inc. (Nasdaq:CVCO) will release earnings for the third quarter ended December 26, 2020 on Thursday, January 28, 2021 after the close of market. Senior management will discuss the results in a live webcast the following day, Friday, January 29, 2021 at 1:00 PM Eastern Time.Date:   January 29, 2021Time:   1:00 PM ET           Listen via Internet: https://investor.cavco.com/Listen via Telephone: + 1 (844) 348-1686 (domestic) or + 1 (213) 358-0891 (international)If you are unable to participate during the live webcast, the call will be available for 90 days on https://investor.cavco.com/.Cavco Industries, Inc., headquartered in Phoenix, Arizona, designs and produces factory-built housing products primarily distributed through a network of independent and Company-owned retailers....

 Publication immédiate – 21 janvier 2021Louvain-la-Neuve, Belgique, 21 janvier 2021 – Conformément à l’article 8:4 de l’arrêté royal du 29 avril 2019 portant exécution du Code belge des sociétés et associations, Ion Beam Applications SA (“IBA”) communique par la présente certaines informations relatives à son programme de rachat d’actions annoncé le 12 janvier 2021.Dans le cadre de ce programme, IBA a demandé à un intermédiaire financier de racheter en son nom un maximum de 357.000 actions ordinaires IBA selon les termes d’un mandat discrétionnaire valable jusqu’au 31 mai 2021 et effectif à partir du 13 janvier 2021, afin de couvrir les obligations de la société dans le cadre d’un plan d’intéressement à long terme destiné à certains membres de son personnel.Dans le cadre de ce...

Immediate Release – January 21st, 2021Louvain-la-Neuve, Belgium, January 21st, 2021 – In accordance with article 8:4 of the Royal Decree of 29 April 2019 executing the Belgian Code on Companies and Associations, Ion Beam Applications SA (“IBA”) hereby discloses information in relation to its share buyback program announced on January 12th, 2021.Under this program, IBA has requested a financial intermediary to repurchase up to 357.000 IBA ordinary shares on its behalf under the terms of a discretionary mandate agreement with validity until May 31st, 2021, effective as from January 13th, 2021, to cover the company’s obligations under a long term incentive plan for certain members of its personnel.In the framework of this share buyback program, IBA repurchased 11.590 IBA shares on Euronext Brussels in the period from January 13th,...

CONVERSE, IN, Jan. 21, 2021 (GLOBE NEWSWIRE) — First Farmers Bank & Trust (FFMR) will host their annual Agricultural Summit virtually this year on January 26th, 2021 from 9am to 12noon. The event will be streamed live from Purdue University and will feature a nationally recognized panel of speakers including “Goddess of Grain, Angie Setzer, Purdue professor emeritus, Dr. Freddie Barnard, and Virginia Tech professor emeritus Dr David Kohl. The event, traditionally available by invitation only, will be produced by Hall of Music Productions and streamed live by Walton Webcasting. Topics to be discussed include market planning in dynamic environments, financial strategy, and possible PPP loan availability. Those interested in attending the event should contact bank lending personnel or register at www.ffbt.com/ag-summit.  Online...

MINNEAPOLIS, MN, Jan. 21, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — Mitesco, Inc. (OTCQB: MITI) today announced that its new clinic subsidiary “The Good ClinicTM” expects to open its flagship unit in Minneapolis on February 1, 2021. The new clinic is located in the Nordhaus apartment complex, one of 52 multi-unit properties nationwide developed by Lennar Corporation. It houses 600 apartments with a target population of approximately 1,000 individuals.Larry Diamond, CEO of Mitesco, said, “While the opening of this first unit is exciting, more meaningful is the enthusiasm with which the market has embraced our direction, as demonstrated by a substantial increase in our shareholder base and market capitalization. This increased level has shown that the commitment of our early investors, and their insight, were well founded....

CORTLAND, Ohio, Jan. 21, 2021 (GLOBE NEWSWIRE) — Cortland Bancorp (NASDAQ: CLDB), the holding company for Cortland Savings and Banking Company, today announced that its Board of Directors approved a quarterly cash dividend of $0.14 per share. The dividend will be payable on March 1, 2021, to shareholders of record as of the close of business on February 10, 2021.“In response to our continued solid earnings performance, we are pleased to continue the quarterly cash dividend,” said James Gasior, President and Chief Executive Officer. “Cash dividends, along with our share price appreciation, provide an attractive return to our shareholders.” At the recent stock price of $18.50 per share, the current dividend equates to a yield of 3% on an annualized basis.In addition, the Board declared a special $0.05 cash dividend, payable March...