Month: January 2021

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...

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...

FAIR LAWN, N.J., Jan. 27, 2021 (GLOBE NEWSWIRE) — Columbia Financial, Inc. (the “Company”) (NASDAQ: CLBK), the mid-tier holding company for Columbia Bank (the “Bank”), reported net income of $20.7 million, or $0.19 per basic and diluted share, for the quarter ended December 31, 2020, as compared to net income of $13.5 million, or $0.12 per basic and diluted share, for the quarter ended December 31, 2019. Earnings for the quarter ended December 31, 2020 reflected higher net interest income, non-interest income, and lower provision for loan losses, partially offset by higher non-interest expense and income tax expense. The increase in net interest income for the quarter ended December 31, 2020 was primarily due to a decrease in interest expense of $9.8 million, or 41.4%. During the quarter ended December 31, 2020, the reduction...

HOUSTON, Jan. 27, 2021 (GLOBE NEWSWIRE) — CBTX, Inc., or the Company (NASDAQ: CBTX), the bank holding company for CommunityBank of Texas, N.A., or the Bank, today announced fourth quarter and annual results for 2020. The Company reported net income of $10.2 million, or $0.41 per diluted share, for the quarter ended December 31, 2020, compared to $6.4 million, or $0.26 per diluted share, for the quarter ended September 30, 2020 and $12.6 million, or $0.50 per diluted share, for the quarter ended December 31, 2019.The Company reported net income for the year ended December 31, 2020 of $26.4 million, or $1.06 per diluted share, compared to $50.5 million, or $2.02 per diluted share, for the year ended December 31, 2019.Robert R. Franklin, Jr., Chairman, CEO and President of the Company commented, “Our fourth quarter results serve as...

Lille, France; Cambridge, MA; January 27, 2021 – GENFIT (Nasdaq and Euronext: GNFT), a late-stage biopharmaceutical company dedicated to improving the lives of patients with metabolic and liver diseases (the “Company”), today announced that technical corrections were made to the voting results of the holders of the convertible bonds issued by the Company on October 16, 2017 (the “OCEANEs”) at the Bondholders Meeting which took place on January 25, 2021 (the “Bondholders Meeting”). These corrections have no impact on the fact that all of the resolutions by the Bondholders Meeting were approved, and are the result of corrections made by BNP Paribas Securities Services, the external provider in charge of centralizing the Bondholders Meeting votes. They are not the result of any action or responsibility of the Company.The Bondholders...

Lille (France), Cambridge (Massachusetts, États-Unis), le 27 janvier 2021 – GENFIT (Nasdaq et Euronext: GNFT), société biopharmaceutique de phase avancée engagée dans l’amélioration de la vie des patients atteints de maladies hépatiques et métaboliques (la « Société »), annonce aujourd’hui des corrections techniques apportées au résultat des votes de l’Assemblée des porteurs des obligations à option de conversion et/ou d’échange en actions nouvelles et/ou existantes émises par la Société le 16 octobre 2017 (les « OCEANEs ») du 25 janvier 2021 (l’« Assemblée des Porteurs »). Ces corrections sont sans conséquences sur l’approbation de l’ensemble des résolutions par l’Assemblée des Porteurs, et interviennent à la suite de corrections apportées par BNP Paribas Securities Services, le prestataire externe chargé de la centralisation des votes...

LAS VEGAS, Nevada, Jan. 27, 2021 (GLOBE NEWSWIRE) — Consumer Portfolio Services, Inc. (Nasdaq: CPSS) (“CPS” or the “Company”) today announced the closing of its first term securitization in 2021. The transaction is CPS’s 38th senior subordinate securitization since the beginning of 2011 and the 21st consecutive securitization to receive a triple “A” rating from at least two rating agencies on the senior class of notes.In the transaction, qualified institutional buyers purchased $230.5 million of asset-backed notes secured by $245.0 million in automobile receivables originated by CPS. The sold notes, issued by CPS Auto Receivables Trust 2021-A, consist of five classes. Ratings of the notes were provided by Standard & Poor’s and DBRS Morningstar, and were based on the structure of the transaction, the historical performance...

DUBLIN, Ireland, Jan. 27, 2021 (GLOBE NEWSWIRE) — Fusion Fuel Green PLC (NASDAQ: HTOO), (“Fusion Fuel”, or “the Company”), an emerging leader in the green hydrogen sector, announced that yesterday the Company submitted its proposed “HEVO-SOLAR Sines” project to the European Green Deal Call.Fusion Fuel Green PLC submitted the project, called HEVO-SOLAR Sines, in collaboration with four large international companies representing Portugal, Spain, France, and the Netherlands. The proposed project, which would require a total capital investment of € 136 million, provides for the development of a 100MW Electrolyzer Plant, which would generate 10’250 tons of Green Hydrogen per year to be used in the production of Green Ammonia.The European Commission has allocated € 1 billion to the Green Deal Call, which is intended...