Day: February 24, 2021
LOUISVILLE, Ky., Feb. 24, 2021 (GLOBE NEWSWIRE) — Churchill Downs Incorporated (Nasdaq: CHDN) (the “Company”, “we”, “us”, “our”) today reported business results for the quarter and full year ended December 31, 2020.Company Highlights2020 net revenue of $1,054.0 million, down 21% over the prior year2020 net loss(a) of $81.9 million, compared to net income(a) of $137.5 million in the prior yearAdjusted net income(a) of $33.3 million, down 81%, compared to $179.9 million in the prior year2020 Adjusted EBITDA of $286.5 million, down 37%, compared to $451.4 million in the prior yearWe were able to run the 146th Kentucky Oaks and Derby on September 4th and 5th despite unprecedented challenges from the COVID-19 global pandemic and other challenging conditionsOur TwinSpires Horse Racing business...
AMERISAFE Increases Dividend 7.4%
Written by Customer Service on . Posted in Dividend Reports And Estimates.
DERIDDER, La., Feb. 24, 2021 (GLOBE NEWSWIRE) — AMERISAFE, Inc. (Nasdaq: AMSF), a specialty provider of workers’ compensation insurance focused on high hazard industries, today announced that its Board of Directors has increased the quarterly dividend by 7.4%, from $0.27 to $0.29 per share. The Board of Directors declared a quarterly cash dividend of $0.29 per share, payable on March 26, 2021 to shareholders of record as of March 12, 2021.The Company began paying dividends in 2013. Since that time, the Company has paid $27.63 in dividends per share, comprising $5.88 in regular dividends and $21.75 in special dividends.Additional information on the Company’s fourth quarter and 2020 full year earnings can be found in AMERISAFE’s accompanying earnings release issued today.ABOUT AMERISAFEAMERISAFE, Inc. is a specialty provider of workers’...
Harvest One Announces C$4 Million Bought Deal Equity Unit Financing
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VANCOUVER, British Columbia, Feb. 24, 2021 (GLOBE NEWSWIRE) — Harvest One Cannabis Inc. (“Harvest One” or the “Company“) (TSX-V: HVT; OTCQB: HRVOF), a uniquely positioned cannabis-infused CPG leader, is pleased to announce that it has entered into an agreement with Mackie Research Capital Corporation, as sole bookrunner, and ATB Capital Markets Inc., as the co-lead underwriters (together, the “Underwriters”), pursuant to which the Underwriters have agreed to purchase, on a bought-deal basis, 25,810,000 units of the Company (the “Units”) at a price of C$0.155 per Unit (the “Issue Price”) for gross proceeds to the Company of C$4,000,550 (the “Offering”).Each Unit will consist of one common share of the Company (a “Common Share”) and one Common Share purchase warrant (a “Warrant”). Each Warrant will entitle...
Whitestone REIT Reports Fourth Quarter and Full Year 2020 Results & Provides COVID-19 Update
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-Net Income Per Diluted Share Attributable to Whitestone REIT of $0.07 for the Fourth Quarter and $0.14 for the Full Year--Leading the Shopping Center Industry in Foot Traffic Recovery at its Properties(1)–HOUSTON, Feb. 24, 2021 (GLOBE NEWSWIRE) — Whitestone REIT (NYSE: WSR) (“Whitestone” or the “Company”) today announced its operating and financial results for the fourth quarter and full year of 2020 with an update on its business activities in light of the ongoing COVID-19 pandemic. Whitestone is a community-centered shopping center REIT that acquires, owns, manages, develops and redevelops high-quality open-air neighborhood centers primarily in the largest, fastest-growing and most affluent markets in the Sunbelt. Whitestone seeks to create communities that thrive through creating local connections between consumers in...
International Money Express, Inc. to Release Fourth Quarter and Full Year 2020 Earnings
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MIAMI, Feb. 24, 2021 (GLOBE NEWSWIRE) — International Money Express, Inc. (NASDAQ: IMXI) (the “Company”) will release Fourth Quarter and Full Year 2020 earnings before the start of trading on Wednesday, March 10, 2021. Management will host a conference call on March 10, 2021, at 8:30 am ET to discuss the company’s strategy and financial results. The conference call can be accessed as follows:by dialing 1-877-423-9813 (domestic) or 1-201-689-8573 (international) and requesting the International Money Express Fourth Quarter and Full Year 2020 Earnings Conference Call; orvia webcast at https://investors.intermexonline.com/news-events/eventsAn audio replay of the conference call will be available from approximately 11:30 am ET on March 10, 2021, until 11:59 pm ET on March 24, 2021, and can be accessed by dialing 1-844-512-2921 (domestic)...
XPO Logistics Names Treasurer Ravi Tulsyan to Additional Role as Deputy Chief Financial Officer
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GREENWICH, Conn., Feb. 24, 2021 (GLOBE NEWSWIRE) — XPO Logistics, Inc. (NYSE: XPO) today announced the appointment of Ravi Tulsyan to the newly created position of deputy chief financial officer, effective immediately. He will retain his position as XPO’s treasurer while expanding his scope of responsibility within the global finance organization, including corporate real estate.Tulsyan joined XPO in 2016 from The ADT Corporation, where he served as treasurer following ADT’s 2012 spin-off from Tyco International. As Tyco’s vice president of global capital markets and head of financial planning and analysis at the time of the separation, he led all treasury activities related to the transaction, including the execution of each company’s capital structure, dividend plan, debt refinancing and credit facilities.Earlier, Tulsyan held...
Antares Pharma to Present at Two Upcoming Investor Conferences
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EWING, N.J., Feb. 24, 2021 (GLOBE NEWSWIRE) — Antares Pharma, Inc. (NASDAQ: ATRS) (“the Company”), a pharmaceutical technology company, today announced that Robert F. Apple, President and Chief Executive Officer, is scheduled to present and host investor meetings at the Raymond James 42nd Annual Virtual Institutional Investors Conference and the Cowen 41st Annual Virtual Healthcare Conference.Details of the presentations are as follows:A live webcast of the fireside chats will be available under the “For Investors” section of the Antares Pharma website at www.antarespharma.com.About Antares PharmaAntares Pharma, Inc. is a pharmaceutical technology company focused primarily on the development and commercialization of self-administered injectable pharmaceutical products using advanced drug delivery auto injector technology. The Company...
Ryman Hospitality Properties, Inc. to Present Virtually at the J.P. Morgan Gaming, Lodging, Restaurant & Leisure Management Access Forum – Friday, March 12, 2021, at 11:45 a.m. ET
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NASHVILLE, Tenn., Feb. 24, 2021 (GLOBE NEWSWIRE) — Ryman Hospitality Properties, Inc. (NYSE:RHP), a lodging real estate investment trust (“REIT”) specializing in group-oriented, destination hotel assets in urban and resort markets, today announced that it will present virtually to investors attending the J.P. Morgan Gaming, Lodging, Restaurant & Leisure Management Access Forum, on Friday, March 12, at 11:45 a.m. ET. Mark Fioravanti, president and chief financial officer will participate in an analyst-led fireside chat. The presentation will be webcast and can be accessed on Ryman Hospitality Properties’ website at www.rymanhp.com. To listen to the webcast, please visit the investor relations section of the website at least 15 minutes prior to the beginning of the scheduled presentation to register, download and...
AMERISAFE Announces 2020 Fourth Quarter and Year-End Results
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Reports $86.6 Million of Net Income in 2020Increases quarterly dividend by 7.4%DERIDDER, La., Feb. 24, 2021 (GLOBE NEWSWIRE) — AMERISAFE, Inc. (Nasdaq: AMSF), a specialty provider of workers’ compensation insurance focused on high hazard industries, today announced results for the fourth quarter and year ended December 31, 2020.G. Janelle Frost, President and Chief Executive Officer, noted, “Insurance is all about risk, and 2020 was unparalleled in terms of risks converging in one year. A global pandemic, natural disasters, and a recession, coupled with a soft workers’ compensation market, made 2020 a unique challenge. We successfully met this challenge through our employees’ dedication to service and the strong foundation built over years of discipline in underwriting and claims management. For the year, this culminated in a combined...
Kaiser Aluminum Corporation Reports Fourth Quarter and Full Year 2020 Financial Results
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Full Year 2020:Solid Execution Under Very Challenging Business ConditionsNet Sales $1,173 Million; Value Added Revenue $697 Million, Down 19% Year-over-YearNet Income $29 Million; Net Income per Diluted Share $1.81Adjusted Net Income $48 Million; Adjusted Earnings per Diluted Share $3.01Adjusted EBITDA $154 Million; Adjusted EBITDA Margin 22.1%Significant Decline in Commercial Aerospace Demand; Strong Defense, Auto and GE DemandAggressively Flexed Costs to Align With Lower VolumeExecuted Definitive Agreement for Transformative Acquisition of Alcoa Warrick LLCIncreased Quarterly Dividend 12% to $0.67/share in 2020; Increased 7.5% to $0.72/share in 2021FOOTHILL RANCH, Calif., Feb. 24, 2021 (GLOBE NEWSWIRE) — Kaiser Aluminum Corporation (NASDAQ:KALU), a leading producer of semi-fabricated specialty aluminum products, serving customers...