Month: January 2021

First Merchants Corporation Announces Fourth Quarter 2020 Earnings Per Share

Written by Customer Service on January 28, 2021. Posted in Earnings Releases And Operating Results.

MUNCIE, Ind., Jan. 28, 2021 (GLOBE NEWSWIRE) — First Merchants Corporation (NASDAQ – FRME) has reported fourth quarter 2020 net income of $45.1 million compared to $47.8 million during the same period in 2019. Earnings per share for the period totaled $.83 per share compared to fourth quarter 2019 result of $.87 per share. Net income for the year ended December 31, 2020 totaled $148.6 million, compared to $164.5 million during the same period in 2019. Year-to-date earnings per share totaled $2.74 compared to $3.19 in 2019.Total assets equaled $14.1 billion as of year-end and loans totaled $9.2 billion. The Corporation’s loan portfolio increased by $789 million, or 9.2 percent, during 2020. Paycheck Protection Program (“PPP”) loans accounted for $667 million of the year’s loan growth. Investments increased $551 million, or...

Sunstock Inc. Announces Revenues for Third Quarter and Nine Months, 2020

Written by Customer Service on January 28, 2021. Posted in Earnings Releases And Operating Results.

SACRAMENTO, Calif., Jan. 28, 2021 (GLOBE NEWSWIRE) — Sunstock Inc. (OTC: SSOK), involved in the buying, selling and distribution of precious metals, today announces year-over-year increases revenues for the three and nine months ended Sept. 30, 2020.Revenue for third quarter 2020 increased 25% to $2.5 million compared to $2.0 million reported for the comparable quarter of 2019.Revenue for the nine-month period ended Sept. 30, 2020, was $7.5 million, an increase of 92% compared to revenue of $3.9 million in the comparable period of 2019. The nine-month 2020 performance exceeds full-year 2019 revenue of $6.1 million and represents the Company’s highest nine-month revenue since 2013.Sunstock projects continued revenue growth through 2021 as it continues to expand its inventory of gold and silver assets. The Company operates Mom’s Silver...

Lakeland Bancorp Announces Quarterly and Year-End 2020 Earnings; Updates Loan Deferrals and Share Repurchase Plan

Written by Customer Service on January 28, 2021. Posted in Earnings Releases And Operating Results.

OAK RIDGE, N.J. , Jan. 28, 2021 (GLOBE NEWSWIRE) — Lakeland Bancorp, Inc. (NASDAQ: LBAI) (the “Company”), the parent company of Lakeland Bank (“Lakeland”), reported net income of $18.8 million and earnings per diluted share (“EPS”) of $0.37 for the three months ended December 31, 2020, compared to net income of $14.4 million and diluted earnings per share of $0.28 for the third quarter of 2020 and net income of $18.7 million and diluted EPS of $0.37 for the fourth quarter of 2019. For the fourth quarter of 2020, annualized return on average assets was 0.98%, annualized return on average common equity was 9.96% and annualized return on average tangible common equity was 12.64%.For the year ended December 31, 2020, the Company reported net income of $57.5 million, a 19% decrease compared to $70.7 million for the same period...

PCSB Financial Corporation Announces Second Fiscal Quarter Financial Results and Declares Quarterly Cash Dividend

Written by Customer Service on January 28, 2021. Posted in Earnings Releases And Operating Results.

YORKTOWN HEIGHTS, N.Y., Jan. 28, 2021 (GLOBE NEWSWIRE) — PCSB Financial Corporation (the “Company”) (NASDAQ: PCSB), parent of PCSB Bank (the “Bank”), today announced net income of $2.7 million, or $0.18 per diluted share, for the three months ended December 31, 2020 compared to $2.7 million, or $0.18 per diluted share, for the three months ended September 30, 2020 and $2.4 million, or $0.14 per diluted share, for the three months ended December 31, 2019. Net income was $5.4 million, or $0.36 per diluted share, for the six months ended December 31, 2020, compared to $5.2 million, or $0.32 per diluted, for the six months ended December 31, 2019.On a non-GAAP basis, which excludes certain nonrecurring items, the Company recorded adjusted net income of $2.6 million, or $0.17 per diluted share, for the three months ended December 31,...

Spectrum Global Solutions Announces Definitive Agreement to Merge with High Wire Networks

Written by Customer Service on January 28, 2021. Posted in Mergers And Acquisitions.

Merger Unveils Transformative Plan for The CompanyBOCA RATON, Fla., and BATAVIA, Ill. , Jan. 28, 2021 (GLOBE NEWSWIRE) — Spectrum Global Solutions Inc. (the “Company” or “Spectrum”) (OTCQB: SGSI), a single-source provider of next-generation communications network and professional services to telecommunications and enterprise markets, announces today the Company’s entry into a definitive agreement of merger (the “Agreement”) with High Wire Networks Inc. (“High Wire”). The closing of the transaction is subject to certain closing conditions set forth in the Agreement. High Wire is a global provider of managed security, professional services and commercial/industrial electrical solutions delivered exclusively through a channel sales model. High Wire’s Overwatch managed security platform-as-a-service offers organizations...

Lumine Group Acquires VAS-X

Written by Customer Service on January 28, 2021. Posted in Mergers And Acquisitions.

TORONTO, Jan. 28, 2021 (GLOBE NEWSWIRE) — Lumine Group (“Lumine”), a division of Volaris Group focused in the communications and media vertical, today announced that it has completed the acquisition of VAS-X PTY Ltd Australia and VAS-X PTY Ltd South Africa (“VAS-X”). VAS-X is a provider of modular mission-critical billing, customer management, real-time recharge, credit management and fulfillment on demand system solutions to converged communication services providers and mobile virtual network aggregators.Founded in 1999, Kobus Haupt, Founder and CEO of VAS-X, recognized a niche in the region for service provider driven billing needs. Initially formed “VASExperts” in South Africa, in 2000 the business won its first contract with Vodacom (a Vodafone Group). Vodacom is currently a key customer.“We have been talking with Lumine regularly...

NeuBase Therapeutics Announces Acquisition of Gene Modulating Technology from Vera Therapeutics

Written by Customer Service on January 28, 2021. Posted in Mergers And Acquisitions.

Acquisition includes intellectual property for peptide nucleic acid genetic medicine portfolio that has demonstrated in vivo activity in several disease indicationsConsolidates new peptide nucleic acid technology into NeuBase’s PATrOL™ platformExtends the ability of NeuBase’s existing technology to directly modulate the human genome with high precision to resolve rare and common diseases, including cancersPITTSBURGH, Jan. 28, 2021 (GLOBE NEWSWIRE) — NeuBase Therapeutics, Inc. (Nasdaq: NBSE) (“NeuBase” or the “Company”), a biotechnology company accelerating the genetic revolution using a new class of synthetic medicines to drug the genome, today announced execution of a binding agreement to acquire infrastructure, programs and intellectual property for several peptide-nucleic acid (PNA) scaffolds from Vera...

Brunswick Announces Closing of Transaction Regarding Sale of Its Burkina Faso Assets

Written by Customer Service on January 28, 2021. Posted in Public Companies.

MONTREAL, Jan. 28, 2021 (GLOBE NEWSWIRE) — Brunswick Exploration Inc., (“Brunswick” or the “Corporation”; TSX-V: BRW, previously Komet Resources Inc.) announces that it has closed, on January 20, 2021, its previously announced transaction relating to the to sale of all the issued and outstanding shares that it held in the share capital of its Burkina Faso subsidiaries, namely Komet Ressources Afrique SA and Guiro Exploration SARL, to CINI Solutions, a private corporation located in Qatar.The closing of this transaction allows Brunswick to cease all activities in Africa.About BrunswickThe Corporation is part of the Osisko Group of companies and is a Montreal-based mineral exploration company listed on the TSX-V under symbol BRW. It is now focused on exploration and development of gold and base metal properties in Eastern Canada....

Brunswick annonce la clôture de la transaction concernant la vente de ses actifs au Burkina Faso

Written by Customer Service on January 28, 2021. Posted in Public Companies.

MONTRÉAL, 28 janv. 2021 (GLOBE NEWSWIRE) — Brunswick Exploration Inc. (« Brunswick » ou la « Société » ; TSX-V: BRW, anciennement Ressources Komet inc.) annonce qu’elle a conclu, le 20 janvier 2021, la transaction précédemment annoncée relative à la vente de toutes les actions émises et en circulation qu’elle détenait dans le capital social de ses filiales au Burkina Faso, soit Komet Ressources Afrique SA et Guiro Exploration SARL, à CINI Solutions, une société privée située au Qatar.La clôture de la transaction permet à Brunswick de cesser toute activité en Afrique.À propos de BrunswickLa Société, qui fait partie du groupe minier Osisko, est une société d’exploration minière basée à Montréal et inscrite à la Bourse de croissance TSX sous le symbole BRW. Elle se concentre désormais sur l’exploration et le...

CHF Solutions’ Physician-Led Webinar Highlights Real-World Evidence Supporting Effectiveness of Ultrafiltration in Heart Failure Patients

Written by Customer Service on January 28, 2021. Posted in Public Companies.

EDEN PRAIRIE, Minn., Jan. 28, 2021 (GLOBE NEWSWIRE) — CHF Solutions (Nasdaq: CHFS), a medical device company dedicated to changing the lives of patients suffering from fluid overload, today announced key takeaways from its physician-led webinar discussing real-world experience using ultrafiltration (UF) in the management of heart failure patients. Panelists discussed results from the real-world retrospective study of 335 consecutive patients treated with the Aquadex FlexFlow® System, published in Journal of Cardiac Failure Supplement, that demonstrated UF compares favorably in reducing heart failure rehospitalizations, renal function response, and weight/volume loss.Important clinical observations from the study include:Quantifying the amount of fluid overload in a patient and whether they are adequately decongested can be difficult....

Month: January 2021

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