Month: January 2021

PowerFleet Announces Proposed Underwritten Public Offering

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

WOODCLIFF LAKE, N.J., Jan. 27, 2021 (GLOBE NEWSWIRE) — PowerFleet, Inc. (Nasdaq: PWFL), a global leader and provider of subscription-based wireless IoT and M2M solutions for securing, controlling, tracking, and managing high-value enterprise assets such as material handling equipment, tractor trailers, containers, cargo, automobiles, and light and heavy-duty truck fleets, today announced that it intends to offer shares of its common stock in an underwritten public offering. PowerFleet expects to grant the underwriters a 30-day option to purchase up to an additional 15% of the shares of its common stock sold in the offering. The offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.PowerFleet intends...

California Water Service Group Board of Directors Declares 304th Consecutive Quarterly Dividend and 54th Consecutive Annual Dividend Increase

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

SAN JOSE, Calif., Jan. 27, 2021 (GLOBE NEWSWIRE) — At its meeting today, the California Water Service Group (NYSE: CWT) Board of Directors declared the company’s 304th consecutive quarterly dividend, increasing the annual dividend by $0.07, or 8.2%, from $0.85 to $0.92. This represents the company’s 54th consecutive annual dividend increase. The quarterly dividend of $0.23 per common share will be payable on February 19, 2021 to stockholders of record on February 8, 2021. California Water Service Group is the parent company of California Water Service, Washington Water Service, New Mexico Water Service, Hawaii Water Service, Inc., CWS Utility Services, and HWS Utility Services. Together, these companies provide regulated and non-regulated water service to approximately 2 million people in more than 100 California, Washington,...

Live Oak Bancshares, Inc. Reports Fourth Quarter 2020 Results

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

WILMINGTON, N.C., Jan. 27, 2021 (GLOBE NEWSWIRE) — Live Oak Bancshares, Inc. (Nasdaq: LOB) (“Live Oak” or “the Company”) today reported fourth quarter 2020 net earnings available to common shareholders of $29.6 million, or $0.68 per diluted share, as the Company continues to execute on our strategic priorities that we believe will deliver long-term earnings for our shareholders. Net earnings for the year ended December 31, 2020, totaled $59.5 million, or $1.43 per diluted share.“Our mission to be America’s small business bank has never been more important. The past year was incredibly challenging for our country’s entrepreneurs, and their drive and determination reinforce why we want to fundamentally shift the way banking is done,” said James S. Mahan, III, Chairman and Chief Executive Officer of Live Oak Bancshares. “As our efforts...

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...

Month: January 2021

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