CAPREIT Announces February 2021 Distribution

Written by Customer Service on February 16, 2021. Posted in Public Companies.

TORONTO, Feb. 16, 2021 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX – CAR.UN) announced today its February 2021 monthly distribution in the amount of $0.11500 per Unit (or $1.38 on an annualized basis). The February distribution will be payable on March 15, 2021 to Unitholders of record on February 26, 2021.To encourage participation and reward our loyal Unitholders, investors registered in our Distribution Reinvestment Plan will continue to receive an additional amount equal to 5% of their distributions paid in the form of additional Units.CAPREIT is Canada’s largest publicly-traded provider of quality rental housing. CAPREIT currently owns or has interests in, and manages, approximately 67,600 residential apartment suites, townhomes and manufactured housing community sites well-located...

Cancer Genetics Announces Closing of $17.5 Million Common Stock Offering Priced At-the-Market under Nasdaq Rules

Written by Customer Service on February 16, 2021. Posted in Public Companies.

RUTHERFORD, N.J., Feb. 16, 2021 (GLOBE NEWSWIRE) — Cancer Genetics, Inc. (the “Company”) (Nasdaq: CGIX), a leader in drug discovery and preclinical oncology and immuno-oncology services, today announced the closing of its previously announced registered direct offering with several healthcare-focused institutional investors of 2,777,778 shares of its common stock at a purchase price of $6.30 per share, priced at-the-market under Nasdaq rules. The gross proceeds to the Company from the offering totaled approximately $17.5 million, before deducting placement agent fees and offering expenses.H.C. Wainwright & Co. acted as the exclusive placement agent for the offering.The Company currently intends to use the net proceeds from the offering for general corporate purposes, including working capital and capital expenditures. The net...

Innospec Reports Fourth Quarter and Full Year 2020 Financial Results

Written by Customer Service on February 16, 2021. Posted in Public Companies.

Continued strong revenue growth and operating income in Performance ChemicalsFurther sequential improvement in sales and operating income for Fuel SpecialtiesOilfield Services returned to positive operating incomeExcellent cash generation enhanced strong liquidity position; Improvement in net cash to $104.7 millionGAAP EPS $0.91 and adjusted non-GAAP EPS of $1.27 for fourth quarterENGLEWOOD, Colo., Feb. 16, 2021 (GLOBE NEWSWIRE) — Innospec Inc. (NASDAQ: IOSP) today announced its financial results for the fourth quarter and full year ended December 31, 2020.Total revenues for the fourth quarter were $310.8 million, a decrease of 20 percent from $390.7 million in the corresponding period last year.Net income for the quarter was $22.6 million or 91 cents per diluted share compared to $31.1 million or $1.26 per diluted share for the...

Medexus to Present at the Winter Wonderland Conference- Best Ideas from the Buy-Side

Written by Customer Service on February 16, 2021. Posted in Public Companies.

TORONTO, CHICAGO and MONTREAL, Feb. 16, 2021 (GLOBE NEWSWIRE) — Medexus Pharmaceuticals Inc. (the “Company” or “Medexus”) (TSXV: MDP) (OTCQX: MEDXF) (Frankfurt: P731) announced today that it will be presenting at the Winter Wonderland Conference, hosted by The MicroCap Rodeo, being held virtually on February 16th – February 19th, 2021.Ken d’Entremont, Chief Executive Officer and Roland Boivin, Chief Financial Officer of Medexus, are scheduled to present on Wednesday, February 17, 2021 at 9:30 AM, Eastern Time. The presentation will be webcast live and available for replay here. One-on-one meetings will be held throughout the conference via video conference calls.About Medexus Pharmaceuticals Inc.Medexus is a leading innovative and rare disease company with a strong North American commercial platform. From a foundation of proven...

Truxton Trust Advises BasePoint on Debt Financing for Expansion

Written by Customer Service on February 16, 2021. Posted in Public Companies.

NASHVILLE, Tenn., Feb. 16, 2021 (GLOBE NEWSWIRE) — Truxton Trust Company is pleased to announce its role as advisor to BasePoint Health Management, a provider of non-clinical management services for affiliate psychiatrists. The financing is comprised of a senior secured loan facility and Truxton is serving as the sole underwriter. BasePoint’s plan for the proceeds is to capitalize on their exponential growth and expand from one to six locations in the Dallas, Texas area. Truxton Trust Company provides capital solutions to high-growth companies, family-owned businesses, and financial sponsors.Roy Serpa, Basepoint CEO, said, “As founder and CEO, I appreciate the confidence Truxton and their team, led by Philip Skipp AVP of Private Banking, has put into BasePoint Health Management as we expand our footprint and enhance our mental health...

Malvern Bancorp, Inc. Reports Additional Impairment to Previously Announced Impaired Loan and Anticipated Filing of Amended 10-K

Written by Customer Service on February 16, 2021. Posted in Public Companies.

PAOLI, Pa., Feb. 16, 2021 (GLOBE NEWSWIRE) — Malvern Bancorp, Inc. (NASDAQ: MLVF) (the “Company”), the parent company of Malvern Bank, National Association, today announced an additional impairment with respect to a previously announced impaired commercial real estate loan. As reported in the Company’s Annual Report on Form 10-K, filed with the Securities and Exchange Commission on January 29, 2021 (the “10-K”), the Company partially charged-off a $13.5 million New York City commercial real estate loan (the “Loan”), and classified the Loan as “non-accruing” as of September 30, 2020. The partial charge off, as reported in the 10-K, amounted to approximately $2.9 million and resulted in a specific reserve of approximately $581,000, pending the receipt of a third-party appraisal. As disclosed in the 10-K, further impairment of the...

Travere Therapeutics to Report Fourth Quarter and Full Year 2020 Financial Results

Written by Customer Service on February 16, 2021. Posted in Public Companies.

SAN DIEGO, Feb. 16, 2021 (GLOBE NEWSWIRE) — Travere Therapeutics, Inc. (NASDAQ: TVTX) today announced it will report fourth quarter and full year 2020 financial results on Monday, March 1, 2021 after the close of the U.S. financial markets. The Company will host a conference call and webcast to discuss the financial results and provide a general business update at 4:30 p.m. ET.Conference Call InformationA replay of the call will be available from 7:30 p.m. ET, March 1, 2021 to 7:30 p.m. ET, March 8, 2021. The replay number is +1 (855) 859-2056 (U.S.) or +1 (404) 537-3406 (International), confirmation code 3397951.About Travere TherapeuticsAt Travere Therapeutics we are in rare for life. We are a biopharmaceutical company that comes together every day to help patients, families and caregivers of all backgrounds as they navigate life...

LPL Financial Announces Managing Director Scott Seese to Take Personal Leave of Absence

Written by Customer Service on February 16, 2021. Posted in Public Companies.

CHARLOTTE, N.C., Feb. 16, 2021 (GLOBE NEWSWIRE) — LPL Financial LLC, a leading retail investment advisory firm, registered investment advisor (RIA) custodian and independent broker-dealer, today announced that Managing Director Scott Seese is taking a personal leave of absence to care for his mother as she undergoes treatment for an advanced illness. Executive Vice President Greg Gates has been named interim chief information officer.“Nothing is more important than family and caring for a loved one, and we will be keeping Scott and his family in our thoughts and prayers,” said Dan Arnold, president and CEO, LPL Financial. “Greg is an accomplished leader and, as someone who has been integral to the development of our technology plans and portfolio, is well positioned to take the reins of the Technology team. He has earned the respect...

AAR named to Forbes ‘America’s Best Midsize Employers’ for third time

Written by Customer Service on February 16, 2021. Posted in Public Companies.

Wood Dale, Feb. 16, 2021 (GLOBE NEWSWIRE) — AAR (NYSE: AIR), a leading aviation services provider to commercial and government operators, MROs and OEMs worldwide, has been named to Forbes’ list of “America’s Best Midsize Employers” for 2021. This is the third time that AAR has earned this honor, which is based on an independent survey conducted by Statista polling over 38,000 U.S. employees.“We are very proud to have once again been named by Forbes as one America’s Best Midsize Employers. This honor means even more to us this year given the current challenges the aviation industry is facing,” said John M. Holmes, AAR President & CEO. “Our amazing team has made many sacrifices this past year and thanks to their efforts, our Company has never been in a stronger position.”According to Forbes, the companies on this year´s list of...

Mercer International Inc. Reports Fourth Quarter and Year End 2020 Results and Announces Quarterly Cash Dividend of $0.065

Written by Customer Service on February 16, 2021. Posted in Public Companies.

Selected HighlightsRecord quarterly and annual wood products segment resultsFourth quarter Operating EBITDA* of $49.5 million and net loss of $13.0 million2020 annual Operating EBITDA of $192.7 million and net loss of $17.2 million ($0.26 per diluted share)NEW YORK, Feb. 16, 2021 (GLOBE NEWSWIRE) — Mercer International Inc. (Nasdaq: MERC) today reported fourth quarter 2020 Operating EBITDA increased to $49.5 million from negative $34.2 million in the fourth quarter of 2019 and $45.6 million in the third quarter of 2020.In the fourth quarter of 2020, net loss was $13.0 million (or $0.20 per share) compared to a net loss of $72.7 million (or $1.11 per share) in the fourth quarter of 2019 and net income of $7.5 million (or $0.11 per share) in the third quarter of 2020.In 2020, Operating EBITDA decreased by 8% to $192.7 million from...

Day: February 16, 2021

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