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Month: February 2021

Security Federal Corporation Announces Fourth Quarter and Annual Earnings

AIKEN, S.C., Feb. 08, 2021 (GLOBE NEWSWIRE) — Security Federal Corporation (“Company”) (OTCBB: SFDL), the holding company for Security Federal Bank (“Bank”), today announced earnings and results for the quarter and year ended December 31, 2020.Net income increased $1.5 million, or 91.3%, to $3.1 million, or $0.94 per share, for the quarter ended December 31, 2020, compared to $1.6 million, or $0.54 per share, for the fourth quarter of 2019. The increase in net income was primarily due to a $1.5 million, or 21.6%, increase in net interest income.For the year ended December 31, 2020, net income was $7.1 million, or $2.19 per share, a decrease of $744,000, or 9.5%, compared to $7.8 million, or $2.64 per share, during 2019. The decrease in net income was the result of significantly higher loan loss provisions recorded during 2020 in...

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Strong position despite unprecedented challenges

Operations in Q4 2020 heavily impacted by COVID-19 and related travel restrictions with capacity down by 95%Total revenue in Q4 2020 USD 60.2 million decreasing by 81% from last yearCargo revenue increased by 48% year-on-year in fourth quarterEBIT negative of USD 60.2 million in Q4 2020 compared to negative EBIT of USD 36.7 million in Q4 2019Icelandair’s capacity down by 81% in 2020 compared to 2019 and the number of passengers down by 83%Net loss for the full year 2020 USD 376.2 million compared to a net loss of USD 57.8 million in 2019Equity USD 232.8 million at year-end and equity ratio down from 29% to 25%, adjusted for temporary effects of warrantsTotal liquidity USD 331.4 million at year-end 2020, thereof cash and marketable securities USD 159.4 millionDemand for Q1 2021 still weak due to the status of the pandemic in key marketsModest...

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Amicus Therapeutics Announces Positive Initial Clinical Data for CLN3 Batten Disease Gene Therapy at the 17th Annual WORLDSymposium™ 2021

Initial Data Suggest Early Signs of Disease Stabilization in Children with Fatal Neurologic DiseasePlan to Submit IND for Next Clinical Study in 2H2021PHILADELPHIA, Feb. 08, 2021 (GLOBE NEWSWIRE) — Amicus Therapeutics (Nasdaq: FOLD) today announced positive initial results from its first in-human study of its CLN3 Batten disease gene therapy program, AT-GTX-502. The results are featured in a virtual poster presentation at the 17th Annual WORLDSymposium™ 2021, being held February 8-12, 2021. The poster is also available in the Events and Presentations section of the Amicus Therapeutics corporate website.The Abigail Wexner Research Institute (AWRI) at Nationwide Children’s Hospital is conducting the ongoing Phase 1/2 clinical study of a single one-time administration of AT-GTX-502 gene therapy for classic juvenile neuronal ceroid...

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BitFrontier Capital Holdings, Inc. (BFCH) Provides Shareholder Update

Fredericksburg, VA, Feb. 08, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — BitFrontier Capital Holdings, Inc. (OTC: BFCH) is excited to announce that internet service has been hooked up and mining will commence by next week. Although we are still awaiting Comcast to install our permanent internet service which was initially estimated to take 31 days but now has an expected completion of early March, our wholly-owned subsidiary TelesisIT was able to assist in obtaining a temporary solution so we can begin to power our miners on until Comcast is completed.While we have been awaiting internet service, we decided to get a head start on our immersion cooling system which we estimate to cut mining costs by approximately 60%. We have taken delivery of two 8-fan dry coolers and began installing the necessary plumbing and tanks necessary...

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AppTech Corp. Announces it is Seeking a Reverse Stock Split in Anticipation of its Application to Nasdaq

CARLSBAD, Calif., Feb. 08, 2021 (GLOBE NEWSWIRE) — AppTech Corp. (“AppTech“)(OTC: APCX), a fintech company, today announced that it is preparing to file an application to be listed on the National Association of Securities Dealers Automated Quotations (“NASDAQ”). In order to uplist to the NASDAQ Capital Market, AppTech must trade at the requisite minimum price per share. To meet this listing requirement of the NASDAQ Capital Market, the company shall seek to perform a reverse stock split of its common stock. AppTech shall pursue the approval of a majority of its voting stock by written consent in lieu of a special meeting of the stockholders to amend the Company’s Certificate of Incorporation to affect the reverse stock split at a ratio determined by the Company’s Board of Directors within a ratio of not less than 1-for-2 and not...

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Traffic Data January 2021

Like in previous months, the COVID-19 pandemic and related travel restrictions continued to impact Icelandair Group’s operations in January. However, the Company’s freight services volumes in January 2021 were at same levels to January 2020.The total number of Icelandair’s passengers in January was around 11,600 decreasing by 94% from January 2020. The number of passengers both to and from Iceland was around 8,000. The number of via passengers in January was around 3,700, which is an increase from previous months. The load factor on Icelandair’s flights was 39.4% compared to 73.2% in January 2020. The total capacity was 92% less than in January last year. On-time performance was 83% in January compared to 76% in the same month the year before.The number of passengers on domestic flights was around 11,600 in January, decreasing by 30%...

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Publication of audited consolidated financial statements at 31 December 2020

Rueil Malmaison, 8 February 2021Publication of audited consolidated financial statements at 31 December 2020VINCI announces the publication of its consolidated financial statements at 31 December 2020 (financial statements and notes) accompanied by the report of the statutory auditors on the consolidated financial statements.The audited consolidated statements at 31 December 2020 and the report on the financial statements for 2020 are available in English and French on the Group’s website:https://www.vinci.com/vinci.nsf/en/finance-documentation-annual-reports/pages/index.htmAbout VINCIVINCI is a global player in concessions and contracting, employing 217,000 people in some 100 countries. We design, finance, build and operate infrastructure and facilities that help improve daily life and mobility for all. Because we believe in all-round...

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Publication des comptes consolidés certifiés au 31 décembre 2020

Rueil-Malmaison, le 8 février 2021Publication des comptes consolidés certifiés au 31 décembre 2020VINCI annonce la publication aujourd’hui de ses comptes consolidés au 31 décembre 2020 (états de synthèse et annexes) accompagnés du rapport des commissaires aux comptes sur les comptes consolidés.Les comptes consolidés certifiés au 31 décembre 2020 ainsi que le rapport sur les comptes de l’exercice 2020 sont disponibles en français et en anglais sur le site Internet de VINCI : https://www.vinci.com/vinci.nsf/fr/finances-documentation-rapports-annuels/pages/index.htm

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GLOBAL TECH INDUSTRIES GROUP, INC. SIGNS LETTER OF INTENT WITH GOLD TRANSACTIONS INTERNATIONAL, INC.

New York, New York, Feb. 08, 2021 (GLOBE NEWSWIRE) — (GTII: OTCQB) Global Tech Industries Group, Inc. (“GTII” or “Company”), www.gtii-us.com a development stage company, focused on acquiring new and innovative technologies in diverse industries, after repositioning itself to rejoin the OTCQB marketplace, securing interim financing from Genova Roth Remark Holdings, Inc., and retaining International Monetary for capital formation and support of its investor relations efforts, today announced that it has successfully executed a Letter of Intent with Gold Transactions International, Inc., (“GTI”), a Utah corporation. The expected closing date of the final, binding acquisition agreement, defining the terms of the acquisition of GTI by GTII, including an assessment its assets and operations going forward, is anticipated to be completed...

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FirstService Declares 11% Increase to Quarterly Cash Dividend

TORONTO, Feb. 08, 2021 (GLOBE NEWSWIRE) — FirstService Corporation (TSX: FSV; NASDAQ: FSV) (“FirstService“) announced today that its Board of Directors has approved an 11% increase in the quarterly cash dividend on the outstanding Common Shares of the Company over the previous US$0.165 per Common Share and declared a quarterly dividend of US$0.1825 per Common Share. The dividend is payable on April 7, 2021 to holders of Common Shares of record at the close of business on March 31, 2021.The Company’s dividend will be US$0.73 on an annualized basis, up from US$0.66 during the past year. FirstService has achieved a long-term track record of growing its free cash flow, even in the face of challenging market conditions such as the COVID-19 pandemic, providing us with the comfort to deliver this incremental return to our shareholders....

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