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Day: February 3, 2021

Murphy USA Inc. Reports Fourth Quarter 2020 Results

EL DORADO, Ark., Feb. 03, 2021 (GLOBE NEWSWIRE) — Murphy USA Inc. (NYSE: MUSA), a leading marketer of retail motor fuel products and convenience merchandise, today announced preliminary financial results for the three and twelve months ended December 31, 2020.Key Highlights:Net income was $61.0 million, or $2.16 per diluted share, in Q4 2020 compared to net income of $47.6 million, or $1.54 per diluted share, in Q4 2019. This increase in net income was primarily due to higher total fuel and merchandise contributions. For the year 2020, net income was $386.1 million, or $13.08 per diluted share, compared to 2019 net income of $154.8 million, or $4.86 per diluted share.Total fuel contribution (retail fuel margin plus product supply and wholesale (“PS&W”) results including RINs) for Q4 2020 was 19.8 cpg compared to...

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TECHNICAL COMMUNICATIONS CORPORATION Receives Loan from bankHometown under the Paycheck Protection Program

CONCORD, Mass., Feb. 03, 2021 (GLOBE NEWSWIRE) — Technical Communications Corporation (OTCQB: TCCO) today announced that on February 1, 2021, the Company received a loan from bankHometown under the U.S. Small Business Administration’s Paycheck Protection Program as authorized under the Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act (the “Economic Aid Act”). The loan, evidenced by a promissory note, is in the principal amount of $474,400 and all or a portion of the loan is expected to be forgiven under the provisions of the Economic Aid Act. Any portion of the loan that is not eligible to be forgiven will be paid back over five years at an interest rate of 1% per year.Commenting on the good news, Carl H. Guild, Jr., President and Chief Executive Officer of TCC, said, “We again collaborated with bankHometown...

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NFI Group Inc. Announces Bought Deal Financing for Gross Proceeds of Approximately C$250 Million

Not for distribution to U.S. newswires or for dissemination in the United StatesEquity offering will strengthen NFI’s balance sheet, reduce leverage, improve liquidity, and position the company to capitalize on operational enhancements and growth opportunitiesWINNIPEG, Manitoba, Feb. 03, 2021 (GLOBE NEWSWIRE) — (TSX:NFI) NFI Group Inc. (“NFI” or the “Company”), one of the world’s leading independent bus and coach manufacturers, today announced that it has entered into an agreement with a syndicate of underwriters (the “Underwriters”) led by Scotiabank, BMO Capital Markets and CIBC Capital Markets pursuant to which the Company will issue from treasury, and the Underwriters will purchase on a bought deal basis, 8,446,000 common shares (the “Shares”) at a price of C$29.60 per Share for gross proceeds to the...

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EssilorLuxottica and CooperCompanies Announce Joint Venture for Acquisition of SightGlass Vision

CHARENTON-LE-PONT, France, and SAN RAMON, Calif., Feb. 03, 2021 (GLOBE NEWSWIRE) — EssilorLuxottica and CooperCompanies, two of the world’s leading vision care companies, have entered into an agreement to create a 50/50 joint venture for the acquisition of SightGlass Vision, a U.S. based life sciences company focused on developing innovative spectacle lenses to reduce the progression of myopia in children.EssilorLuxottica and CooperCompanies will leverage their shared expertise and global leadership in myopia management to accelerate the commercialization of SightGlass Vision spectacle lenses. Through this partnership, they will further strengthen innovation opportunities and go-to-market capabilities to grow the myopia control category. SightGlass Vision’s technology will complement both companies’ existing solutions, including Essilor’s...

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EssilorLuxottica : EssilorLuxottica and CooperCompanies Announce Joint Venture for Acquisition of SightGlass Vision

EssilorLuxottica and CooperCompaniesAnnounce Joint Venture for Acquisition of SightGlass VisionCharenton-le-Pont, France, and San Ramon, Calif. (February 3, 2021) – EssilorLuxottica and CooperCompanies, two of the world’s leading vision care companies, have entered into an agreement to create a 50/50 joint venture for the acquisition of SightGlass Vision, a U.S. based life sciences company focused on developing innovative spectacle lenses to reduce the progression of myopia in children.EssilorLuxottica and CooperCompanies will leverage their shared expertise and global leadership in myopia management to accelerate the commercialization of SightGlass Vision spectacle lenses. Through this partnership, they will further strengthen innovation opportunities and go-to-market capabilities to grow the myopia control category. SightGlass Vision’s...

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EssilorLuxottica : EssilorLuxottica et CooperCompanies annoncent la création d’une joint-venture pour l’acquisition de SightGlass Vision

EssilorLuxottica et CooperCompanies annoncent la création d’une joint-venture pour l’acquisition de SightGlass VisionCharenton-le-Pont, France et San Ramon, États-Unis (3 février 2021) – EssilorLuxottica et CooperCompanies, deux acteurs de premier plan de l’industrie optique, ont signé un accord pour la création d’une joint-venture à 50/50 pour l’acquisition de la société américaine SightGlass Vision, spécialisée dans le développement de verres ophtalmiques innovants visant à réduire la progression de la myopie chez l’enfant.EssilorLuxottica et CooperCompanies tireront parti de leur expertise commune et leur leadership global dans le domaine de la myopie pour accélérer la commercialisation des verres de lunettes SightGlass Vision. Grâce à ce partenariat, les deux entreprises vont renforcer leur potentiel d’innovation et accroître leurs...

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EssilorLuxottica : EssilorLuxottica e CooperCompanies annunciano la creazione di una joint venture per l’acquisizione di SightGlass Vision

EssilorLuxottica e CooperCompanies annunciano la creazione di una joint venture per l’acquisizione di SightGlass VisionCharenton-le-Pont, Francia e San Ramon, California (3 febbraio 2021) – EssilorLuxottica e CooperCompanies, due delle principali società operanti nel campo della cura della vista nel mondo, hanno stipulato un accordo per la creazione di una joint venture paritaria, al 50/50, per l’acquisizione di SightGlass Vision, società statunitense impegnata nello sviluppo di lenti da vista innovative per ridurre la progressione della miopia tra i bambini.Attraverso questa partnership, EssilorLuxottica e CooperCompanies metteranno a fattor comune le loro esperienze e il loro ruolo di riferimento nella gestione della miopia per accelerare la commercializzazione delle lenti SightGlass Vision e rafforzare ulteriormente le...

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Zinc8 Energy Solutions Announces Private Placement of Common Shares

THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT FOR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES (INCLUDING ITS TERRITORIES AND POSSESSIONS, ANY STATE OF THE UNITED STATES OR THE DISTRICT OF COLUMBIA), OR ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION.VANCOUVER, British Columbia, Feb. 03, 2021 (GLOBE NEWSWIRE) — Zinc8 Energy Solutions Inc. (“Zinc8” or the “Company”) (CSE: ZAIR) is announcing a marketed private placement offering (the “Offering”) for total proceeds of up to $10,000,000.The Offering is being conducted on a “best efforts” basis and is being led by Raymond James Ltd. and Haywood Securities Inc. as co-lead and co-book runners, on behalf of a syndicate of agents ‎(collectively, the “Agents”). ‎The Company has agreed...

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Ballantyne Strong Announces Proposed Public Offering of Common Stock

Charlotte, NC, Feb. 03, 2021 (GLOBE NEWSWIRE) — Ballantyne Strong, Inc. (NYSE American: BTN) (“Ballantyne Strong” or the “Company”) today announced that it intends to offer to sell shares of its common stock in an underwritten public offering. All of the shares of common stock are to be sold by the Company.ThinkEquity, a division of Fordham Financial Management, Inc., is acting as sole book-running manager for the offering.The Company expects to grant the underwriter a 45-day option to purchase up to an additional 15% of the number of shares of common stock sold in this offering to cover over-allotments, if any. The offering is subject to market 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.The Company intends to use the net proceeds...

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The Ensign Group Reports Fourth Quarter and Fiscal Year 2020 Results

Conference Call and Webcast scheduled for tomorrow, February 4, 2021 at 10:00 am PTSAN JUAN CAPISTRANO, Calif., Feb. 03, 2021 (GLOBE NEWSWIRE) — The Ensign Group, Inc. (Nasdaq: ENSG), the parent company of the Ensign(TM) group of companies, which invest in and provide skilled nursing services, senior living services, rehabilitative care services and other healthcare services, announced record operating results for the fourth quarter of 2020, reporting GAAP diluted earnings per share of $0.82 and $3.06 for the quarter and year ended December 31, 2020, respectively, and a record adjusted earnings per share(2) of $0.80 and $3.13 for the quarter and the year, respectively.Highlights Include:GAAP diluted earnings per share for the quarter was $0.82, representing an increase of 67.3% over the prior year quarter. Adjusted diluted earnings...

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