Month: January 2021

WILLIAMSPORT, Pa., Jan. 29, 2021 (GLOBE NEWSWIRE) — Penns Woods Bancorp, Inc. (NASDAQ: PWOD) –Penns Woods Bancorp, Inc. achieved net income of $15.2 million for the twelve months ended December 31, 2020, resulting in basic and diluted earnings per share of $2.16.HighlightsNet income, as reported under GAAP, for the three and twelve months ended December 31, 2020 was $3.9 million and $15.2 million, respectively compared to $2.8 million and $15.7 million for the same periods of 2019. Results for the three and twelve months ended December 31, 2020 compared to 2019 were impacted by a decrease in after-tax securities gains of $91,000 (from a gain of $386,000 to a gain of $295,000) for the three month period and an increase in securities gains of $679,000 (from a gain of $591,000 to a gain of $1,270,000) for the twelve month period....

MARYSVILLE Ohio, Jan. 29, 2021 (GLOBE NEWSWIRE) — ScottsMiracle-Gro has initiated a consumer advisory for certain Miracle-Gro® Raised Bed Soil, Nature’s Care® Raised Bed Soil, and Miracle-Gro® Performance Organics® In-Ground Soil produced at one of our Michigan facilities between May 15, 2020 and June 4, 2020 and is replacing them with new products. This voluntary action is being undertaken in cooperation with the Michigan Department of Agriculture and Rural Development.The products being withdrawn could potentially contain foreign materials (such as plastic, fabric, metal, glass, ceramic, rubber or styrofoam) that do not align with the Company’s internal quality and safety standards. The company is taking steps to be sure the replacement product aligns with internal standards.“The quality, safety and purity of our products are...

New York, Jan. 29, 2021 (GLOBE NEWSWIRE) —  Interpublic Group (NYSE: IPG) announced Brian McMahon, a 23-year IPG veteran and founding CEO of Orion, is joining IPG corporate as a senior business advisor. In this new position, Brian will work across the IPG portfolio to foster innovative thinking, with a focus on delivering higher value services to our clients. Brian will also be an advisor to companies participating in our various accelerator and venture programs.“Brian brings an entrepreneurial mindset to our business, which is a key reason he has been so successful over the years at building and strengthening multiple companies within the group,” commented Philippe Krakowsky, CEO of IPG. “We’re excited to have him join us at IPG headquarters to bring that expertise to bear, so as to uncover new ways for us to deliver innovative...

CHICAGO, Jan. 29, 2021 (GLOBE NEWSWIRE) — The board of directors of GATX Corporation (NYSE:GATX) today declared a quarterly dividend of $0.50 per common share, payable March 31, 2021, to shareholders of record on Feb. 26, 2021. GATX has paid quarterly dividends without interruption since 1919, and the dividend amount announced today represents a 4.2% increase from the prior year’s dividend.“2021 marks our 103rd consecutive year of paying a dividend, a track record that few companies can match,” said Brian A. Kenney, president and chief executive officer of GATX. “Over the past decade, GATX has invested approximately $8.0 billion in our business and returned over $1.5 billion to our shareholders through dividends and share repurchase. Throughout the pandemic, we have continued to maintain a strong balance sheet and stable investment...

SAN FRANCISCO, Jan. 29, 2021 (GLOBE NEWSWIRE) — iRhythm Technologies, Inc. (NASDAQ: IRTC), a leading digital health care solutions company focused on the advancement of cardiac care, commented on the recent publication by Novitas Solutions (“Novitas”) of rates applicable to the Current Procedural Terminology (CPT) codes 93241, 93243, 93245 and 93247.Following the Centers for Medicare and Medicaid Services (CMS) Calendar Year 2021 Medicare Physician Fee Schedule (MPFS) Final Rule published on December 1, 2020, iRhythm has been coordinating with other industry participants to seek appropriate carrier pricing for CPT codes 93241, 93243, 93245 and 93247. iRhythm submitted a meeting request with Novitas on January 3, 2021. iRhythm anticipates meeting with Novitas but the meeting has not yet been scheduled.The Company believes that the...

VANCOUVER, British Columbia, Jan. 29, 2021 (GLOBE NEWSWIRE) — Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) will release its fourth quarter 2020 earnings results on Thursday, February 18, 2021 before market open.The company will hold an investor conference call to discuss the fourth quarter 2020 earnings results at 11:00 a.m. Eastern time / 8:00 a.m. Pacific time on Thursday, February 18, 2021. The conference call dial-in is 416.340.2217 or toll free 800.806.5484, quote 7310165 if requested. Media are invited to attend on a listen-only basis.A live audio webcast of the conference call, together with supporting presentation slides, will be available on Teck’s website at www.teck.com.The recording of the live audio webcast will be available from 10:00 a.m. Pacific time February 18, 2021 on Teck’s website...

Annapolis Junction, MD, Jan. 29, 2021 (GLOBE NEWSWIRE) — Colfax Corporation (NYSE: CFX), a leading diversified technology company, today announced that it will issue a press release providing financial results for the fourth quarter of 2020 on the morning of Thursday, February 18, 2021. The Company will hold a conference call to discuss these results beginning at 8:00 a.m. Eastern on that day, which will be open to the public by calling +1-877-303-7908 (U.S. callers) and +1-678-373-0875 (International callers) and referencing the conference ID number 3753307 and through webcast via Colfax’s website www.colfaxcorp.com under the “Investors” section.Colfax’s financial results press release and supplemental information referenced on the call, if any, for the fourth quarter of 2020 will be available under the “Investors” section of Colfax’s...

The Minister of Finance and Economic Affairs has made a formal decision to initiate the process of the sale of shares in Íslandsbanki in accordance with the ISFI (Icelandic State Financial Investments) proposal dated December 17, 2020.The ISFI is tasked with preparing Íslandsbanki for a listing on a local regulated stock market and the consequent sale of shares in a public offering (IPO) with the aim of a distributed ownership and the minimum of 25% of shares and a maximum of 35% of shares to be sold.For further information please contact Investor Relations – ir@islandsbanki.is, tel. +354 440 4717Íslandsbanki press releasesIf you wish to receive Íslandsbanki press releases by e-mail please register at: https://www.islandsbanki.is/en/article/email_list_irAbout ÍslandsbankiÍslandsbanki is a universal bank and a leader in financial services...

Fjármála- og efnahagsráðherra hefur ákveðið að hefja sölumeðferð á hlutum Íslandsbanka í samræmi við tillögu Bankasýslu ríkisins þann 17. desember 2020.Bankasýslu ríkisins er falið að hefja undirbúning að skráningu Íslandsbanka á skipulegan verðbréfamarkað innanlands og sölumeðferð á eignarhlutum í kjölfar almenns útboðs. Stefnt er að dreifðu eignarhaldi og sölu 25% eignarhlutar að lágmarki og 35% eignarhlutar að hámarki.Nánari upplýsingar veitir Sigrún Hafþórsdóttir, fjárfestatengslum, ir@islandsbanki.is. Sími: 440 4717Póstlisti ÍslandsbankaEf þú vilt gerast áskrifandi að kauphallarfréttum Íslandsbanka vinsamlega skráðu þig hér: https://www.islandsbanki.is/is/grein/postlisti_irUm ÍslandsbankaÍslandsbanki er leiðandi fjármálafyrirtæki á Íslandi með djúpstæðar rætur í íslenskri atvinnusögu sem nær yfir 145 ár. Markaðshlutdeild bankans...

DUNKIRK, N.Y., Jan. 29, 2021 (GLOBE NEWSWIRE) — Lake Shore Bancorp, Inc. (the “Company”) (NASDAQ: LSBK), the holding company for Lake Shore Savings Bank (the “Bank”), reported unaudited net income of $1.24 million, or $0.21 per diluted share, for the fourth quarter of 2020 compared to net income of $1.17 million, or $0.20 per diluted share, for the fourth quarter of 2019. For the year ended December 31, 2020, the Company reported unaudited net income of $4.6 million, or $0.77 per diluted share, as compared to $4.1 million, or $0.68 per diluted share, for the year ended December 31, 2019.2020 Full Year and Fourth Quarter Financial Highlights:Net income of $1.24 million in the fourth quarter of 2020 increased $71,000, or 6.1%, when compared to the fourth quarter of 2019. The increase in fourth quarter 2020 net income was primarily impacted...