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Day: May 25, 2021

T2 Biosystems Reminds Stockholders to Vote at the Upcoming Annual Meeting

LEXINGTON, Mass., May 25, 2021 (GLOBE NEWSWIRE) — T2 Biosystems, Inc. (NASDAQ:TTOO), a leader in the rapid detection of sepsis-causing pathogens, today reminded stockholders to vote at the upcoming 2021 Annual Meeting of Stockholders to be held on June 25, 2021. The T2 Biosystems Board of Directors unanimously supports each stockholder proposal on the proxy and encourages all stockholders to vote for these proposals. The Company’s President and CEO, John Sperzel, has released a statement communicating to stockholders the importance of the proposals and their potential impact on the Company. The video statement can be found on the Investor Relations section of the Company’s website at investors.t2biosystems.com. T2 Biosystems, Inc. will be holding its Annual Meeting virtually on June 25, 2021 at 9:00 a.m. Eastern Time at www.virtualshareholdermeeting.com/TTOO2021....

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Wolverine Worldwide Announces International and Sperry Leadership Appointments

Isabel SorianoIsabel SorianoKatherine CousinsKatherine CousinsROCKFORD, Mich., May 25, 2021 (GLOBE NEWSWIRE) — Wolverine World Wide, Inc. (NYSE:WWW), which operates one of the world’s largest global portfolios of footwear and lifestyle brands, today announced the appointment of Isabel Soriano as President of International, and Katherine Cousins as Global Brand President of Sperry®. Company and industry veteran Soriano promoted to Executive Leadership Team to help expand international growth Soriano joined Wolverine Worldwide in 2018 as Vice President and Managing Director of EMEA, responsible for leading all Company brands in the region, including Merrell®, Saucony®, Sperry®, Cat Footwear®, Hush Puppies®, and Keds®. With her promotion to President of International, Soriano will now oversee all...

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Western New England Bancorp, Inc. Announces Completion of 2020 Repurchase Plan

WESTFIELD, Mass., May 25, 2021 (GLOBE NEWSWIRE) — Western New England Bancorp, Inc. (the “Company” or “WNEB”) (NasdaqGS: WNEB), the holding company for Westfield Bank (the “Bank”), announced the completion of its current stock repurchase plan (the “2020 Plan”) on May 20, 2021, previously announced on October 27, 2020. In connection with the 2020 Plan, the Company repurchased a total of 1.3 million shares, or approximately 5% of its outstanding common stock. On April 27, 2021, the Board of Directors authorized a stock repurchase plan (the “2021 Plan”), pursuant to which the Company may repurchase up to 2.4 million shares, or approximately 10%, of the Company’s outstanding shares, upon the completion of the 2020 Plan. “We are pleased to announce the completion of the 2020 Plan. The Board of Directors and management continue to believe...

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Profound Medical to Participate in June Investor Conferences

TORONTO, May 25, 2021 (GLOBE NEWSWIRE) — Profound Medical Corp. (TSX: PRN; NASDAQ: PROF) (“Profound” or the “Company”), a commercial-stage medical device company that develops and markets customizable, incision-free therapies for the ablation of diseased tissue, announced today that management will participate in two investor conferences in June.Jefferies Virtual Healthcare Conference: Profound is scheduled to participate in a fireside chat on Tuesday, June 1, 2021 at 10:00 a.m. ET. Virtual Raymond James Human Health Innovations Conference: Profound is scheduled to participate in a fireside chat on Tuesday, June 22, 2021 at 10:00 a.m. ET.The fireside chats will be broadcast live and archived on the Company’s website at www.profoundmedical.com under “Webcasts” in the Investors section. About Profound Medical...

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Quisitive Reports First Quarter 2021 Financial Results

TORONTO, May 25, 2021 (GLOBE NEWSWIRE) — Quisitive Technology Solutions Inc. (“Quisitive” or the “Company”) (TSXV: QUIS), a premier Microsoft Cloud Services and Payment Solutions Provider, today reported financial results for the first quarter ended March 31, 2021. Management Commentary“Even with the number of positive milestones and transitions that have occurred year to date, we remain focused on executing our operations during this period of growth,” said Quisitive CEO Mike Reinhart. “We have garnered considerable traction within both divisions of our business and are laser-focused on executing our respective near- and long-term goals. Our team continues to expand our portfolio of offerings to our customers in the cloud solutions business and we are preparing for full commercialization of LedgerPay in the second half of this...

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Toll Brothers Reports FY 2021 2nd Quarter Results

The Mayne, Sereno Canyon, Scottsdale, AZToll Brothers, America’s Luxury Home BuilderFORT WASHINGTON, Pa., May 25, 2021 (GLOBE NEWSWIRE) — Toll Brothers, Inc. (NYSE:TOL) (TollBrothers.com), the nation’s leading builder of luxury homes, today announced results for its second quarter ended April 30, 2021. FY 2021’s Second Quarter Financial Highlights (Compared to FY 2020’s Second Quarter):Net income and earnings per share were $127.9 million and $1.01 per share diluted, compared to net income of $75.7 million and $0.59 per share diluted in FY 2020’s second quarter. Pre-tax income was $169.8 million, compared to $102.1 million in FY 2020’s second quarter. Pre-tax income in the second quarter of FY 2021 includes a charge of $34.2 million for the early retirement of debt. Home sales revenues were a second...

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Capital Power Announces $250 million Bought Offering of Common Shares

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES. EDMONTON, Alberta, May 25, 2021 (GLOBE NEWSWIRE) — Capital Power Corporation (TSX: CPX) (“Capital Power” or the “Company”) announced today that it has entered into an agreement with a syndicate of underwriters led by TD Securities Inc. and CIBC Capital Markets (collectively the “Underwriters”), pursuant to which the Underwriters have agreed to purchase on a bought deal basis, an aggregate of 6,505,000 common shares of Capital Power, at an offering price of $38.45 per common share (the “Offering Price”) for total gross proceeds to the Company of approximately $250 million (the “Offering”). The Company intends to use the net proceeds from the Offering to fund growth initiatives, including its development pipeline...

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Freddie Mac Issues Monthly Volume Summary for April 2021

MCLEAN, Va., May 25, 2021 (GLOBE NEWSWIRE) — Freddie Mac (OTCQB: FMCC) today posted to its website its Monthly Volume Summary for April 2021, which provides information on Freddie Mac’s mortgage-related portfolios, securities issuance, risk management, delinquencies, debt activities, and other investments. Freddie Mac makes home possible for millions of families and individuals by providing mortgage capital to lenders. Since our creation by Congress in 1970, we’ve made housing more accessible and affordable for homebuyers and renters in communities nationwide. We are building a better housing finance system for homebuyers, renters, lenders, and taxpayers. Learn more at FreddieMac.com, Twitter @FreddieMac, and Freddie Mac’s blog FreddieMac.com/blog. MEDIA CONTACT: Fred Solomon703-903-3861Frederick_Solomon@freddiemac.com  INVESTOR...

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FARMERS AND MERCHANTS BANCSHARES, INC. DECLARES CASH DIVIDEND OF $.28 PER SHARE

HAMPSTEAD, Md., May 25, 2021 (GLOBE NEWSWIRE) —  On May 17, 2021, the Board of Directors of Farmers and Merchants Bancshares, Inc., the parent of Farmers and Merchants Bank, declared a cash dividend of $.28 per share of common stock, which will be paid on June 25, 2021 to shareholders of record on June 4, 2021. The $.28 per share dividend is $.02 greater than the most recent dividend paid in December 2020. The semi-annual dividend has increased or stayed the same compared to the previous dividend 23 consecutive times, starting with the June 2010 dividend. Please visit the investor relations section of the Bank’s website, www.fmb1919.bank. It includes press releases, financial information, stock information, peer analysis, and information about Farmers and Merchants Bancshares, Inc. officers and directors. Farmers and Merchants...

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DLC Releases Q1-2021 Results; Achieves Record Q1 Funded Volumes, Revenue & Adjusted EBITDA

VANCOUVER, British Columbia, May 25, 2021 (GLOBE NEWSWIRE) — Dominion Lending Centres Inc. (TSXV:DLCG) (“DLCG” or the “Corporation”) is pleased to report its financial results for the three months ended March 31, 2021 (“Q1-2021”). For complete information, readers should refer to the interim financial statements and management discussion and analysis which are available on SEDAR at www.sedar.com and on the Corporation’s website at www.dlcg.ca. All amounts are presented in Canadian dollars unless otherwise stated. Reference herein to the Dominion Lending Centres Group of Companies (the “DLC Group” or “Core Business Operations”) includes the Corporation’s mortgage brokerage and data connectivity operations and the Corporation’s three main subsidiaries, MCC Mortgage Centres Canada Inc. (“MCC”), MA Mortgage Architects Inc. (“MA”),...

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