Day: May 26, 2021

Summary The first quarter is characterized by low activity, vessels in storage and low utilization of vessels in the spot market. During the quarter, the company obtained contracts that provide increased earnings in the next two quarters.An agreement with the lenders entered into in 2020 clarifies the company’s obligations to the lenders for the period until 2024. The agreement does not prevent the company’s fleet from being reduced as a result of the sale of vessels with lower revenues than operating costs for the individual vessel. Havila Shipping ASA achieved an operating income before depreciation of NOK 16.3 million in Q1 2021, compared with NOK 70.5 million in Q1 2020.Total operating income was NOK 100.5 million in Q1 2021, compared with NOK 208.9 million in Q1 2020. The group had as of 31/03/21 23 vessels operated from Fosnavåg,...

Jason Darby, Chief Financial OfficerAmalgamated Financial Corp.NEW YORK, May 26, 2021 (GLOBE NEWSWIRE) — Amalgamated Financial Corp. (Nasdaq: AMAL) (“Amalgamated” or the “Company”), today announced that it has appointed Jason Darby as Chief Financial Officer and Senior Executive Vice President, effective immediately. Mr. Darby has served as interim Chief Financial Officer since April 2021. Earlier this month, in a separate announcement, Amalgamated named Priscilla Sims Brown as its President and Chief Executive Officer, effective June 1, 2021. In making today’s announcement, Lynne Fox, Board Chair and Interim President and Chief Executive Officer, commented, “On behalf of the board and senior management team, we are excited that Jason will be our Chief Financial Officer. Our confidence in Jason’s extraordinary...

WEST CHESTER, Pa., May 26, 2021 (GLOBE NEWSWIRE) — Verrica Pharmaceuticals Inc. (“Verrica”) (Nasdaq: VRCA), a dermatology therapeutics company developing medications for skin diseases requiring medical interventions, today announced that Ted White, Verrica President and CEO, will present a business overview at the Jefferies Virtual Healthcare Conference on Wednesday, June 2, 2021, at 2:00 p.m. ET. Participants may access a live webcast of the event through the following link:https://wsw.com/webcast/jeff174/vrca/1848852 The webcast can also be accessed in the Investors/Presentations & Events section of the Verrica website at www.verrica.com. The webcast replay will be available shortly after conclusion of the event for 30 days. About Verrica Pharmaceuticals Inc. Verrica is a dermatology therapeutics company developing medications...

REHOVOT, Israel, May 26, 2021 (GLOBE NEWSWIRE) — Purple Biotech Ltd. (“Purple Biotech”, or the “Company”) (NASDAQ/TASE: PPBT), a clinical-stage company developing first-in-class, effective and durable therapies by overcoming tumor immune evasion and drug resistance, today announced that management will present a corporate overview at the Jefferies Virtual Healthcare Conference on Friday, June 4, 2021 at 8:30am EST. The conference will take place from June 1 – June 4, 2021. Management will be available for one-on-one meetings. Jefferies Virtual Healthcare Conference – June 1-4, 2021 Date: Friday, June 4, 2021 Time: 8:30-8:55am EST Webcast: Virtual webinar link here Webcast Replay Link:  A replay will be accessible on the Events & Presentations page of the Investors section on the Company’s website at...

The Bank is Building on its Strong Roots for Sustainable Future Growth MONTREAL, May 26, 2021 (GLOBE NEWSWIRE) — Laurentian Bank of Canada (TSX: LB) is pleased to announce a historic milestone – its 175-year anniversary today. The Bank is proud to have been a part of the fabric of our country for 175 years and will be celebrating this great achievement with employees, customers, and its communities throughout the year. On May 26, 1846, the Montreal City and District Savings Bank was founded by Monsignor Ignace Bourget, second Bishop of Montreal, and by a group of 15 prominent Montrealers from many linguistic and denominational communities. After its first year of operation, the Bank had $117,400 in assets. The Montreal City and District Savings Bank became the Laurentian Bank of Canada in 1987, and today has $45.2 billion in balance...