Month: February 2021
OMAHA, Neb., Feb. 24, 2021 (GLOBE NEWSWIRE) — Werner Enterprises (NASDAQ: WERN), a premier transportation and logistics provider, is pleased to announce the opening of its new Lake City, Florida terminal.The 91,000 square-foot building sits on 36 developed acres and includes the latest driver amenities to enhance the work-life of our professional drivers, including a driver’s lounge, laundry and vending machines, showers, a company store, fitness room, driver storage and a dog run area. This terminal location will host driver safety courses and Werner’s Career Track program for professional drivers new to Werner. The terminal will also have 450 trailer parking stalls and 225 tractor parking stalls. This facility will add nearly 70 jobs to the Lake City area, including office and maintenance associates.The Lake City terminal is part...
Kite Realty Group Trust Completes the Sale of 15 Ground Leases
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INDIANAPOLIS, Feb. 24, 2021 (GLOBE NEWSWIRE) — Kite Realty Group Trust (NYSE: KRG) (the “Company”) announced today that the Company closed on the sale of 15 ground leases for gross proceeds of $36.6 million. The Company anticipates closing on an additional 2 ground leases for $5.2 million in the upcoming months, once local government subdivision approvals are obtained.The ground leases were sold, or anticipated to be sold, to Agree Realty Corporation (NYSE: ADC). The proceeds will be used to partially match fund the Company’s previously announced Eastgate Crossing acquisition in Chapel Hill, NC.“We are very pleased with KRG’s ability to monetize a portion of our portfolio that is currently undervalued by the market and reinvest those proceeds into an asset with strong growth potential,” said John A. Kite, Chairman and CEO.About...
Sabina Gold & Silver Announces Updated Feasibility Study on Goose Property at the Back River Gold District, Nunavut
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Increased mine life and gold production with reduced execution risk showcases a world class projectPost Tax IRR/NPV(5%)of ~28% and C$1.1 Billion(US$860 million)Assumes a gold price of US$1,600/oz and exchange rate of 1.31:1 (C$:US$)Webcast February 25, 2021 at 5:30am Pacific TimeAll Dollar Figures in CAD unless otherwise NotedVANCOUVER, British Columbia, Feb. 24, 2021 (GLOBE NEWSWIRE) — Sabina Gold & Silver Corp (SBB.T, SGSVF- OTCQX), (“Sabina” or the “Company”) is pleased to announce the results of the Updated Feasibility Study (“UFS” or the “Study”) for the Goose Property (“Goose Property” or “Project”) at its 100%-owned Back River Gold District (“Back River” or the “District”) in Nunavut, Canada.“After significant work and several new discoveries, we are very pleased to announce the UFS for the Goose Property, the first...
Lamar Advertising to appear at the Morgan Stanley Technology, Media and Telecom Conference
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BATON ROUGE, La., Feb. 24, 2021 (GLOBE NEWSWIRE) — Lamar Advertising Company (Nasdaq: LAMR) today announced that Sean Reilly, CEO of Lamar Advertising Company, is scheduled to participate in a question-and-answer session at the virtual Morgan Stanley Technology, Media and Telecom Conference on Wednesday, March 3, 2021 at approximately 10:15 a.m. (ET).The session will be carried live via audio webcast at the Company’s website, www.lamar.com, and will be archived for 30 days.About Lamar Advertising CompanyFounded in 1902, Lamar Advertising Company is one of the largest outdoor advertising companies in North America, with over 357,500 displays across the United States and Canada. Lamar offers advertisers a variety of billboard, interstate logo, transit and airport advertising formats, helping both local businesses and national brands...
Guardian Capital Group Limited (TSX: GCG; GCG.A) Announces Operating Results for the Year Ended December 31, 2020
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TORONTO, Feb. 24, 2021 (GLOBE NEWSWIRE) —All per share figures disclosed below are stated on a diluted basis.The Company completed another successful year in 2020 and is reporting historic highs in many financial metrics including assets under management (“AUM”) and assets under administration (“AUA”), and annual and quarterly highs in Net revenue, Operating earnings, EBITDA, and Adjusted cash flow from operations.The Company’s Operating earnings in the current year were $54.8 million, an increase of $5.9 million, or 12%, from $48.9 million reported in 2019. Of this, $18.5 million was reported in the fourth quarter. The largest growth in 2020 Operating earnings came from GuardCap, our UK-based investment management business, and IDC WIN, our life insurance managing general agency business. The Company’s Net revenue for the year...
Churchill Downs Incorporated Reports 2020 Fourth Quarter and Full Year Results
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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%
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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)...
