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Month: February 2021

UPDATE: Empire Communities Acquires North Carolina Builder

Vaughan, Ontario, Feb. 03, 2021 (GLOBE NEWSWIRE) — Empire Communities, one of North America’s largest privately held homebuilders, has acquired Shea Homes North Carolina, expanding its growing U.S. presence to include Charlotte, one of the fastest growing cities in America (Shea Homes North Carolina is not affiliated with the national homebuilder Shea Homes Limited Partnership).Founded by cousins Gil, Mike, John and Ed Shea, Shea Homes North Carolina has a long-standing history of building quality homes since the early 1990’s. Currently building in 13 Charlotte area communities, Shea Homes North Carolina offers innovative designs for townhomes and single-family homes (priced from the $300k’s to $1 mm+) with particular attention paid to livability and flexibility for every stage of life. All communities will transition to the Empire...

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Kentucky First Federal Bancorp Announces Initiation of New Stock Repurchase Plan

HAZARD, Ky. and FRANKFORT, Ky. and DANVILLE, Ky. and LANCASTER, Ky., Feb. 03, 2021 (GLOBE NEWSWIRE) — Kentucky First Federal Bancorp (Nasdaq: KFFB) the holding company for First Federal Savings and Loan Association of Hazard, Kentucky and First Federal Savings Bank of Kentucky, Frankfort, Kentucky, announced that the Company has substantially completed the stock repurchase program which was initiated December 19, 2018, and that the Board of Directors has authorized the purchase of up to 150,000 shares in a new stock repurchase program. The shares repurchased through the new program will be held as treasury stock. Repurchases will be effected through open market purchases or unsolicited privately negotiated transactions. The stock repurchase program will be dependent on market conditions and there is no guarantee as to the exact...

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Reginn hf. birtir ársuppgjör 2020, miðvikudaginn 10. febrúar 2021

Reginn hf. mun birta samþykkt ársuppgjör 2020, eftir lokun markaða miðvikudaginn 10. febrúar 2021.Af því tilefni býður Reginn hf. til rafræns kynningarfundar fimmtudaginn 11. febrúar nk. kl. 8:30.Helgi S. Gunnarsson forstjóri Regins mun kynna uppgjörið. Hægt er að senda fyrirspurnir á fjarfestatengsl@reginn.is fyrir fundinn og meðan á kynningu stendur sem svarað verður að kynningu lokinni. Einnig verður farið yfir ársskýrslu félagsins, áherslur í rekstri og rekstrarspá fyrir árið 2021.Fundinum verður einnig varpað í gegnum netið á eftirfarandi slóð:https://livestream.com/accounts/11153656/events/9511921/playerNánari upplýsingar veitir:Helgi S. Gunnarsson – Forstjóri – helgi@reginn.is – S: 512 8900 / 899 6262

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Ozop Energy OZSC Executes Agreement with Bical Auto Mall

WARWICK, NY, Feb. 03, 2021 (GLOBE NEWSWIRE) — Ozop Energy Solutions. (OZSC), (“Ozop” or the “Company”), has announced that its fully owned subsidiary Ozop Energy Systems (OES) has announced an agreement with Bical Auto Mall, the largest dealership in the NY metropolitan area to purchase and resell EV chargers.The initial order is for 4 EV chargers for two locations (@ $80K) for Bical and we have executed a vendor agreement between the two companies so they can resell to the LMA, of which Mr. Bical is president, which is comprised of 300 additional dealerships in New York.“We are extremely pleased to be working with Bical Auto Mall, an amazing family run company for over thirty years and two generations.” Stated Brian Conway CEO of Ozop Energy Systems Bical Auto Mall is the largest dealership in the metropolitan area that comprises...

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Idaho First Bank Announces 4th Quarter 2020 Results

MCCALL, Idaho, Feb. 03, 2021 (GLOBE NEWSWIRE) — Today Idaho First Bank (the “Bank”) (OTC: IDFB) announced unaudited financial results for the fourth quarter of 2020. Earnings for the fourth quarter were $1.2 million, bringing the earnings for 2020 to $3.0 million. Greg Lovell, CEO of Idaho First Bank, stated “The Q4 results continue to reflect growth from supporting customers and communities as a vital source for business lending. This includes bringing the most talented team members on board, which enhances our ability to accelerate our growing lending activities to meet business client’s financial needs.” He further stated that “The depth of relationships built between customers, and our teams has led to significant lending and deposit expansion.”Chairman Mark Miller said, “The Board is proud of the team’s hard work and commitment...

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Global Digital Solutions, Inc. Awarded Specific Performance and $192M in Incidental Damages

Ruling will propel company into automotive EV and AI sectorsWest Palm Beach, FL, Feb. 03, 2021 (GLOBE NEWSWIRE) —  via NewMediaWire — Global Digital Solutions, Inc. (GDSI) (OTC: GDSI), a company that is positioning itself as a leader in Automotive and Aviation Technology Solutions, has received the decision from the United States District Court for the Southern District of Florida regarding the case against Grupo Rontan Electro Metalurgica, S.A., Joao Alberto Bolzan and Jose Carlos Bolzan.The decision awards Global Digital Solutions Specific Performance (Rights to Rontan Metalurgica) and incidental damages of $192,448,000. https://gdsi.co/GDSI%202021-02-03%20[00275-000]%20ORDER%20ON%20DAMAGES%20granting%20[213]%20Motion%20for%20Judgment.%20A%20final.pdfWilliam Delgado, CEO and Chairman of GDSI, said, “We are very pleased to...

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Marel: 2020 a year of unity, resilient operations and strategic moves

EXECUTIVE SUMMARY2020: Resilient profitability and strategic movesOrders received were EUR 1,234.1m (2019: 1,222.1m).The order book was EUR 415.7m (3Q20: 434.3m, 4Q19: 414.4m). Revenues were EUR 1,237.8m (2019: 1,283.7m). EBIT* was EUR 166.8m (2019: 173.4m), translating to an EBIT* margin of 13.5% (2019: 13.5%). Net result was EUR 102.6m (2019: 110.1m).Basic earnings per share (EPS) were EUR 13.62 cents (2019: 15.33 cents).Marel took actions earlier in the year that will deliver EUR 8m in annualized savings with around EUR 4m in non-recurring cost. Additionally, the pandemic has accelerated new ways of working and use of digital solutions that provide opportunities for further operational efficiencies.Cash flow from operating activities before interest and tax was EUR 217.6m (2019: 189.8m). Net debt/EBITDA was 1.0x at year-end (3Q20:...

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Marel: Góð rekstrarniðurstaða á ári samstöðu og stefnumarkandi skrefa til vaxtar

Marel kynnir afkomu fjórða ársfjórðungs og ársuppgjör 2020 (allar upphæðir eru í evrum)Helstu atriði:Árið 2020 – Góð rekstrarniðurstaða og stefnumarkandi skref til vaxtarPantanir námu 1.234,1 milljónum evra (2019: 1.222,1m).Pantanabókin stóð í 415,7 milljónum evra við lok árs (3F20: 434,4m, 4F19: 414,4m).Tekjur námu 1.237,8 milljónum evra (2019: 1.283,7m).EBIT* nam 166,8 milljónum evra (2019: 173,4m), sem var 13,5% af tekjum (2019: 13,5%).Hagnaður nam 102,6 milljónum evra (2019: 110,1m).Hagnaður á hlut (EPS) var 13,62 evru sent (2019: 15,33 evru sent).Einskiptiskostnaður vegna hagræðingar fyrr á árinu, sem ekki er sérstaklega leiðrétt fyrir, er um 4 milljónir evra. Hagræðingaraðgerðir á fyrri helmingi ársins munu skila sér að fullu árið 2021, með lækkun á kostnaðargrunni sem nemur 8 milljónum evra á ársgrundvelli. Til viðbótar hefur nýtt...

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