Day: June 28, 2021
Court Enters Judgment on Remand, Awards $121 Million to Claymore Holdings
DALLAS, June 28, 2021 (GLOBE NEWSWIRE) — The NexPoint Strategic Opportunities Fund (NYSE:NHF) (“NHF”), a closed-end investment company managed by NexPoint Advisors, L.P. (the “Adviser”), announced an update in the case against Credit Suisse, AG, Cayman Islands Branch, and Credit Suisse Securities (USA), LLC (“Credit Suisse”).
The 134th Judicial District Court (the “Court”) issued a judgment today against Credit Suisse, awarding $121 million to Claymore Holdings LLC (“Claymore”), the entity formed to pursue the collective claims on behalf of NHF and the Highland Income Fund (NYSE:HFRO)(“HFRO”) (together the “Funds”).
The Court entered today’s judgment on remand—a result of the Texas Supreme Court’s April 2020 ruling, which upheld the prior findings that Credit...
Trial Court Issues Judgment Against Credit Suisse in Case Related to the Highland Income Fund
Written by Customer Service on . Posted in Public Companies.
Court Enters Judgment on Remand, Awards $121 Million to Claymore Holdings
DALLAS, June 28, 2021 (GLOBE NEWSWIRE) — The Highland Income Fund (NYSE:HFRO) (“HFRO”), a closed-end investment company managed by Highland Capital Management Fund Advisors, L.P. (the “Adviser”), announced an update in the case against Credit Suisse, AG, Cayman Islands Branch, and Credit Suisse Securities (USA), LLC (“Credit Suisse”).
The 134th Judicial District Court (the “Court”) issued a judgment today against Credit Suisse, awarding $121 million to Claymore Holdings LLC (“Claymore”), the entity formed to pursue the collective claims on behalf of HFRO and the NexPoint Strategic Opportunities Fund (NYSE:NHF)(“NHF”) (together the “Funds”).
The Court entered today’s judgment on remand—a result of the Texas Supreme Court’s April 2020 ruling, which upheld the...
Fortuna and Roxgold shareholders approve business combination to create a global premier growth-oriented intermediate gold and silver producer
Written by Customer Service on . Posted in Mergers And Acquisitions.
VANCOUVER, British Columbia, June 28, 2021 (GLOBE NEWSWIRE) — Fortuna Silver Mines Inc. (“Fortuna”) (NYSE: FSM | TSX: FVI) and Roxgold Inc. (“Roxgold”) (TSX: ROXG | OTCQX: ROGFF) are pleased to announce that shareholders of both Fortuna and Roxgold have approved all matters voted on at Fortuna’s annual and special meeting as well as at Roxgold’s special meeting and annual meeting held earlier today, including the proposed acquisition by Fortuna of all of the outstanding common shares of Roxgold (“Roxgold Shares“) by way of a proposed plan of arrangement (the “Arrangement“), pursuant to the terms and subject to the conditions of the arrangement agreement between Fortuna and Roxgold dated effective April 26, 2021 (for additional information, please refer to the joint news release dated April 26,...
Valley National Bancorp to Announce Second Quarter 2021 Earnings
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NEW YORK, June 28, 2021 (GLOBE NEWSWIRE) — Valley National Bancorp (NASDAQ:VLY), the holding company for Valley National Bank, announced that it will release its second quarter 2021 earnings before the market opens on Thursday, July 22, 2021.
Valley’s President and CEO, Ira Robbins, will host a conference call on Thursday, July 22nd at 11:00 AM (ET) to discuss Valley’s second quarter 2021 earnings. Interested parties are invited to listen in by dialing toll-free 866-354-0432 Conference Id: 5767419.
The teleconference will also be webcast live: https://edge.media-server.com/mmc/p/dc2uj3x4 and archived on Valley’s website through Friday, August 27, 2021.
Investor presentation materials will be made available prior to the conference call at www.valley.com.
About Valley As the principal subsidiary of Valley National Bancorp, Valley...
Hanwei Energy Services Reports Year End Fiscal 2021 Financial and Operational Results
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
VANCOUVER, British Columbia, June 28, 2021 (GLOBE NEWSWIRE) — Hanwei Energy Services Corp. (TSX: HE) (“Hanwei” or the “Company”), today reported its financial results for the year ended March 31, 2021 (the “2021 Fiscal Year”). All amounts are in Canadian Dollars unless otherwise noted.
Update on COVID-19 Impact
As COVID-19 vaccination programs continue to be implemented in Canada and around the world oil prices have continued to increase. To the extent that the COVID-19 pandemic negatively impacts demand, and OPEC members and other oil exporting nations fail to implement production cuts or other actions that are sufficient to stabilize commodity prices, there may be volatility in crude oil prices despite the recent increase in prices over the last nine months. The COVID-19 situation remains dynamic due in part to new variants of...
Natus Chairperson Dr. Barbara Paul Retires; Board Elects Current Board Member Joshua Levine as Chairperson
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PLEASANTON, Calif., June 28, 2021 (GLOBE NEWSWIRE) — Natus Medical Incorporated (NASDAQ:NTUS) (the “Company” or “Natus”), a leading provider of medical device solutions focused on the diagnosis and treatment of central nervous and sensory system disorders for patients of all ages, today announced Dr. Barbara Paul, the Chairperson of the Board of Directors will retire from the Board effective June 30, 2021. The Board has elected independent director Joshua Levine who has served on the Natus board since 2018 as the new Chairperson.
Jonathan Kennedy, President and Chief Executive Officer of Natus, said, “Barbara played an instrumental role on our board over the past five years, helping to guide the One Natus transformation. Barbara’s experience as a healthcare provider has proven to be valuable to all our stakeholders and we are a...
Afya Limited (the “Company”) Notice of Annual General Meeting of the Company
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NOVA LIMA, Brazil, June 28, 2021 (GLOBE NEWSWIRE) — Notice is hereby given that an Annual General Meeting of the Company (the “AGM“) will be held at the Afya Participações S.A. headquarters at Alameda Oscar Niemeyer, No. 119, Room 504, Vila da Serra, Nova Lima, Minas Gerais, Brazil, Zip Code: 34.006-056 on the 23rd day of July, 2021 at 11:00 am Brasilia time for the purpose of considering and, if thought fit, passing and approving the following resolutions:“As an ordinary resolution, that the Company’s financial statements and the auditor’s report for the fiscal year ended 31 December 2020 be approved and ratified.”
“As a special resolution that the Memorandum and Articles of Association of the Company currently in effect be amended and restated by the deletion in their entirety and the...
Grieg Seafood ASA confirms ongoing discussions regarding potential sale of its Shetland operations
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Grieg Seafood ASA confirms that the company is in discussions with a third party regarding a potential sale of Grieg Seafood Hjaltland UK Ltd., the parent company of Grieg Seafood’s Shetland business.
The discussions are ongoing. Grieg Seafood ASA will not make any further statements either before a definitive agreement is reached or when the discussions are ended.
About Grieg Seafood ASAGrieg Seafood ASA is one of the world’s leading salmon farmers, targeting 130 000 tonnes of harvest (GWT) in 2025. Our farms are in Finnmark and Rogaland in Norway, British Columbia and Newfoundland in Canada, and Shetland in the UK. Our headquarter is located in Bergen, Norway. Grieg Seafood ASA was listed at the Oslo Stock Exchange in June 2007. More than 900 people work in the Company throughout our regions.
Sustainable farming practices are the...
WPT Industrial Real Estate Investment Trust Announces Results of Voting for Trustees and Amendments to its Declaration of Trust at Annual and Special Meeting of Unitholders
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This news release constitutes a “designated news release” for the purposes of the REIT’s prospectus supplement dated September 4, 2020 to its short form base shelf prospectus dated December 5, 2019
TORONTO, June 28, 2021 (GLOBE NEWSWIRE) — WPT Industrial Real Estate Investment Trust (the “REIT”) (TSX: WIR.U; WIR.UN – OTCQX: WPTIF) announced today the results of voting for trustees and resolutions in respect of certain amendments to the amended and restated declaration of trust of the REIT dated April 26, 2013 (the “Declaration of Trust”) at its annual and special meeting of unitholders held earlier today (the “Meeting”).
VOTING RESULTS
Each of the nominees listed in the management information circular dated May 13, 2021 (the “Circular”) was elected as a trustee of the REIT at the Meeting. On a vote conducted by ballot, the...
German American Bancorp, Inc. (GABC) Appoints Dr. Sue Ellspermann to Corporate Board of Directors
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Dr. Sue EllspermannDr. Sue EllspermannJASPER, Ind., June 28, 2021 (GLOBE NEWSWIRE) — German American Bancorp, Inc. (Nasdaq: GABC) announced today the appointment of Dr. Sue Ellspermann, President of Ivy Tech Community College, to its corporate board of directors effective as of July 1, 2021.
Dr. Ellspermann currently serves as president of Ivy Tech Community College, Indiana’s largest post-secondary institution and the nation’s largest singly-accredited statewide post-secondary institution. She previously served as Indiana’s Lieutenant Governor and as an Indiana State Representative. Her earlier career includes being a founding director of the University of Southern Indiana’s Center for Applied Research and Economic Development, and an owner of Ellspermann and Associates, Inc., a business focused on creative problem...