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Day: February 12, 2021

Ambarella Announces Fourth Quarter and Fiscal Year 2021 Earnings Conference Call to be Held March 2, 2021

SANTA CLARA, Calif., Feb. 12, 2021 (GLOBE NEWSWIRE) — Ambarella, Inc. (Nasdaq: AMBA), an AI vision silicon company, today announced it will hold its fourth quarter and fiscal year 2021 earnings conference call on Tuesday March 2, at 1:30 p.m. Pacific Time. The company will issue its earnings release after the market closes the same day.Those in the U.S. interested in participating should dial 877-304-8963 approximately 10 minutes prior to the start of the call. International callers should dial 760-666-4834. A webcast of the conference call will be available at http://investor.ambarella.com/events.cfmAbout AmbarellaAmbarella’s products are used in a wide variety of human and computer vision applications, including video security, advanced driver assistance systems (ADAS), electronic mirror, drive recorder, driver/cabin monitoring,...

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Grupo Arcor and Ingredion Announce Joint Venture in Argentina, Chile and Uruguay

Joint venture leverages manufacturing expertise, global go-to-market capabilities, and foodand beverage industry experience to create and scale innovative ingredient solutionsBUENOS AIRES, Argentina and WESTCHESTER, Ill., Feb. 12, 2021 (GLOBE NEWSWIRE) — Grupo Arcor, the leading food company of Argentina, and Ingredion Incorporated (NYSE: INGR), a leading global ingredient solutions provider to the food and beverage industry, have signed an agreement to create a joint venture that will leverage the two companies’ manufacturing expertise, complementary geographic footprints and commercial capabilities to broaden food and beverage ingredient offerings to customers in Argentina, Chile and Uruguay. Arcor and Ingredion will hold a 51% and 49% stake, respectively. The joint venture will have a combined turnover of more than US$ 300 million.Arcor...

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COMSTOCK RESOURCES, INC. ANNOUNCES DATE CHANGE FOR FOURTH QUARTER 2020 EARNINGS RELEASE AND CONFERENCE CALL

FRISCO, TX, Feb. 12, 2021 (GLOBE NEWSWIRE) — Comstock Resources, Inc. (NYSE:CRK) announces it has changed the date and time of its previously announced earnings release and conference call for fourth quarter 2020.  The Company will now announce results one day earlier than previously scheduled on Tuesday, February 16, 2021 after the market closes and host its quarterly conference call at 10:00 a.m. CT on February 17, 2021.  Please dial in at least 15 minutes in advance to ensure a timely connection to the call.Dial-In:  844-776-7840International Dial-In:  661-378-9538Conference ID:  8399473~~~The conference call will also be broadcast live in listen-only mode and can be accessed via the website URL:  https://edge.media-server.com/mmc/p/kyje3zzw~~~A replay of the conference call will be available beginning at 1:00 p.m. CT February...

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Enento Group’s substitute for CEO named

ENENTO GROUP PLC, STOCK EXCHANGE RELEASE ON 12 FEBRUARY 2021 AT 3.30 EETEnento Group’s substitute for CEO namedEnento Group Plc’s Board of Directors has today named Heikki Koivula as substitute for CEO. The company complements its measures and plans to ensure business continuity by naming a substitute for the CEO in the event that the CEO is prevented from performing his duties. The backup arrangement is effective from 12 February 2021. Heikki Koivula acts as Director for the current Risk Decisions Business Area and will be responsible for the new Business Insight Business Area as of 1 April 2021.ENENTO GROUP PLCBoard of DirectorsFor further information:Jukka RuuskaCEOTel. +358 10 270 7111Distribution:Nasdaq HelsinkiMajor mediaenento.com/investorsEnento Group is a Nordic knowledge company powering society with intelligence since 1905....

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Enento Groupin toimitusjohtajan sijainen nimetty

ENENTO GROUP OYJ, PÖRSSITIEDOTE 12.2.2021 KLO 15.30Enento Groupin toimitusjohtajan sijainen nimettyEnento Group Oyj:n hallitus on tänään nimennyt toimitusjohtajan sijaiseksi Heikki Koivulan. Yhtiö täydentää liiketoiminnan jatkuvuutta turvaavia toimenpiteitä ja suunnitelmia nimeämällä toimitusjohtajalle sijaisen siltä varalta, että toimitusjohtaja on estynyt hoitamasta tehtävää. Varajärjestely on voimassa 12.2.2021 lähtien. Heikki Koivula toimii nykyisen Risk Decisions -liiketoiminta-alueen vastaavana johtajana ja vastaa 1.4.2021 lähtien uudesta Business Insight -liiketoiminta-alueesta.ENENTO GROUP OYJHallitusLisätietoja:Jukka Ruuskatoimitusjohtajapuh. 010 270 7111Jakelu:Nasdaq HelsinkiKeskeiset tiedotusvälineetenento.com/sijoittajatEnento Group on pohjoismainen asiantuntijayritys, joka on tuottanut tietoa yhteiskunnan käyttöön jo vuodesta...

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Vistin Pharma ASA: Invitation to Q4 2020 conference call

Oslo, Norway, 12 February 2020Vistin Pharma ASA will release its fourth quarter 2020 results on Friday 19th of February 2021. Vistin Pharma will host a conference call for all shareholders and interested parties on Friday 19th of February at 08:30 CET. There will be a Q&A session following the management discussion.The conference call will be held in Norwegian.The fourth quarter conference call will be available via web and audio through the following access points:Telephone conference:Confirmation Code:…….. 3067548International Dial-In:…….. +44 (0) 2071 928338Norway, Oslo:……………. +47 21563015United States, New York: +1 6467413167Webcast:https://edge.media-server.com/mmc/p/c6wg4zco****For further information, please contact:Alexander KarlsenCFO+47 97053621alexander.karlsen@vis...

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Conformis, Inc. Announces Pricing of $85 Million Underwritten Offering of Common Stock

BILLERICA, Mass., Feb. 12, 2021 (GLOBE NEWSWIRE) — Conformis, Inc. (Nasdaq: CFMS) today announced it has priced an underwritten public offering of 80,952,381 shares of its common stock at an offering price of $1.05 per share. The gross proceeds from the offering will be approximately $85 million, before deducting underwriting discounts and commissions and estimated offering expenses. The closing of the offering is expected to take place on February 17, 2021, subject to the satisfaction of customary closing conditions.Oppenheimer & Co. Inc. is acting as the sole book-running manager for the offering.Conformis intends to use the net proceeds of the offering for general corporate purposes, which may include research and development costs, sales and marketing costs, clinical studies, manufacturing development, the acquisition or...

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Fortis Inc. Files 2020 Year-End Disclosure Documents

ST. JOHN’S, Newfoundland and Labrador, Feb. 12, 2021 (GLOBE NEWSWIRE) —Fortis Inc. (“Fortis” or the “Corporation”) (TSX/NYSE: FTS) today filed its audited Consolidated Financial Statements and related Management Discussion and Analysis for the year ended December 31, 2020, as well as its 2020 Annual Information Form, with Canadian securities regulatory authorities. The Corporation has also filed its Form 40-F for the year ended December 31, 2020 with the U.S. Securities and Exchange Commission. Copies of these documents are available electronically at www.sedar.com (Canadian filings), www.sec.gov (U.S. filings) and the Corporation’s website, www.fortisinc.com, or by emailing investorrelations@fortisinc.com.The Management Information Circular for the Corporation’s upcoming Annual Meeting...

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Southern Michigan Bancorp, Inc. Announces Fourth Quarter and Full Year 2020 Earnings

COLDWATER, Mich., Feb. 12, 2021 (GLOBE NEWSWIRE) — Southern Michigan Bancorp, Inc. (OTC Pink: SOMC) reported net income of $7,386,000 for 2020 compared to $8,622,000 for 2019.   Earnings per share were $3.21 for 2020 compared to $3.74 for 2019. Fourth quarter 2020 net income was $2,024,000, or $0.88 per share, compared to $1,836,000, or $0.80 per share for the fourth quarter of 2019.Total consolidated assets at December 31, 2020 increased 23.2%, reaching $997.6 million compared to $809.7 million at December 31, 2019.   Loan totals grew 13.0%, from December 31, 2019 levels of $562.9 million to $635.9 million. Deposits also increased totaling $838.3 million at December 31, 2020, an increase of $182.5 million or 27.8 percent, as compared to year end 2019.“Southern finished 2020 with solid financial performance despite the unique challenges...

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II-VI Incorporated Offers to Acquire Coherent for $260 per Share

Combination would establish global leader in photonic solutions, compound semiconductors, and laser technology and systemsII-VI proposal represents 24.0% premium over implied value of Lumentum transaction and 9.8% premium over implied value of MKS Instruments’ acquisition proposal$200 million of run-rate cost synergies expected to be realized within 36 months of closingAnticipated to be accretive to non-GAAP EPS in the second year following closingPITTSBURGH, Pa., Feb. 12, 2021 (GLOBE NEWSWIRE) — II-VI Incorporated (Nasdaq: IIVI), a global leader in engineered materials and optoelectronic components, today announced it has made an offer to acquire Coherent, Inc. (Nasdaq: COHR), a global laser technology leader, in a cash and stock transaction. Under the terms of II-VI’s proposal made in a letter today (see below) to Coherent’s Board...

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