Day: July 27, 2021

PHILADELPHIA and NEW YORK, July 27, 2021 (GLOBE NEWSWIRE) — Cohen & Company Inc. (NYSE American: COHN) will release its financial results for the second quarter 2021 on Thursday, July 29, 2021. The Company will host a conference call at 10:00 a.m. Eastern Time (ET) that morning to discuss these results. The conference call will be available via webcast. Interested parties can access the webcast by clicking the webcast link on the Company’s homepage at www.cohenandcompany.com. Those wishing to listen to the conference call with operator assistance can dial (877) 876-9176 (domestic) or (785) 424-1670 (international), with participant pass code COHQ221, or request the Cohen & Company earnings call. A replay of the call will be available for one week following the call by dialing (888) 566-0164 or (402) 530-9311, participant...

Second Quarter 2021 HighlightsNet income of $21.2 million, or $0.41 per diluted share Net interest margin of 2.31% compared to 2.23%, an increase of 8 basis points Return on average assets and equity of 1.19% and 13.32%, respectively Cost of interest bearing deposits declined by 15 basis points to 74 basis points Efficiency ratio of 33.5% Internal loan production of $729.4 million Nonperforming assets to total assets decreased from 0.09% to 0.01% Tangible book value per share of $12.25 Quarterly cash dividend increased by 109% to $0.12 per common share  As of or For the Three Months Ended (1)(Dollars in thousands, except per share amounts) June 30,2021 March 31,2021 June 30,2020Performance Ratios      Return on average assets 1.19%   1.05%   0.52%  Return on average equity 13.32%   11.82%   6.21%  Net interest...

QUAKERTOWN, Pa., July 27, 2021 (GLOBE NEWSWIRE) — QNB Corp. (the “Company” or “QNB”) (OTC Bulletin Board: QNBC), the parent company of QNB Bank, reported net income for the second quarter of 2021 of $3,869,000, or $1.09 per share on a diluted basis, compared to net income of $3,934,000, or $1.11 per share on a diluted basis, for the same period in 2020. For the six months ended June 30, 2021, QNB reported net income of $8,919,000, or $2.51 per share on a diluted basis. This compares to net income of $4,154,000, or $1.18 per share on a diluted basis, reported for the same period in 2020. The operating performance of QNB Bank, a wholly-owned subsidiary of QNB Corp., improved for the quarter and six months ended June 30, 2021 in comparison with the same periods in 2020. The change in contribution from QNB Corp. for the quarter and...

TORONTO, July 27, 2021 (GLOBE NEWSWIRE) — Field Trip Health Ltd. (TSX: FTRP; FTRP.WT; OTCQX: FTRPF) (“Field Trip” or the “Company”), a global leader in the development and delivery of psychedelic therapies, announced today that it has received final approval from The NASDAQ Stock Market LLC (“NASDAQ”) to list its common shares on the NASDAQ Global Select Market. The Company’s shares will begin trading at market open on Thursday, July 29, 2021 with the ticker symbol FTRP. Hannan Fleiman, Field Trip’s President, said “Listing on the Nasdaq Global Select Market, NASDAQ’s top tier, is a mark of achievement and stature for listed companies who must meet the highest the highest financial and liquidity qualifications for inclusion. We are proud of the rapid progress we have made in a relatively short period of time and this...

DUBLIN, Ireland, July 27, 2021 (GLOBE NEWSWIRE) — João Pedro Matos Fernandes, the Portuguese Minister of Environment and Energy Transition, and João Galamba, the Portuguese Secretary of State for Energy, attended an event earlier today hosted by Fusion Fuel Green PLC (NASDAQ: HTOO) (“Fusion Fuel”, or “the Company”) at its H2Évora green hydrogen demonstration plant in Évora, Portugal. Also in attendance were the Mayor of Évora, Carlos Pinto de Sá, as well as the Moroccan Ambassador to Portugal, Othmane Bahnini, and a delegate from the Australian Embassy in Lisbon, who joined given the large-scale projects and strategic partnerships Fusion Fuel has in their respective countries. Phase I of Fusion Fuel’s Évora Project includes 15 HEVO-SOLAR units that will produce 15 tons of green hydrogen per year and will...

CHARLOTTE, N.C., July 27, 2021 (GLOBE NEWSWIRE) — Glatfelter Corporation (NYSE: GLT), a leading global supplier of engineered materials, today announced that Dante C. Parrini, Chairman and Chief Executive Officer will be presenting at the Jefferies 2021 Virtual Industrial Conference, which will be held on August 3rd and 4th. Mr. Parrini’s presentation will take place on Wednesday, August 4th at 8:30 a.m. The presentation can be accessed at https://wsw.com/webcast/jeff190/glt/1701939. In addition, a link to a replay of the presentation will be posted on the Jefferies website and will be available for 30 days following the conclusion of the conference. During the conference, management will also be conducting one-on-one virtual meetings with investors. A copy of the Company’s slide presentation to be discussed with investors will...

SAINT LAURENT, Quebec, July 27, 2021 (GLOBE NEWSWIRE) — IntelGenx Technologies Corp. (TSXV: IGX) (OTCQB: IGXT) (the “Company” or “IntelGenx”) announces that it has received subscriptions from investors in the United States for U.S.$2.1 million principal amount of 8% convertible notes due July 31, 2025 (the “Notes”). The Notes will bear interest at a rate of 8% per annum, payable quarterly, and will be convertible into shares of common stock of the Company (the “Shares”) beginning 6 months after their issuance at a price of U.S.$0.40 per Share. The offering of the Notes (the “Offering”) is subject to the approval of the TSX Venture Exchange, receiving an exemption from the prospectus requirement from the Autorité des marchés financiers, and other customary closing conditions. The Offering is expected to close on or about July 30,...

New chapter, new leadership for Sodexo Sodexo announces changes in its governance Issy-les-Moulineaux, July 27, 2021 Sodexo (NYSE Euronext Paris FR 0000121220-OTC: SDXAY). Sodexo’s Board of Directors, chaired by Sophie Bellon, decided to launch a search for a new Chief Executive Officer (CEO). This decision is intended to enable the Group to strengthen its competitiveness and accelerate its transformation while confronted by post-Covid challenges. Our environment is significantly influenced by the acceleration of new consumer behaviors and trends, by digital and technological disruptions, and the emergence of new business models. This new phase should enable the Group to rapidly adapt to the expectations of its clients and consumers and return to solid, profitable, and responsible growth over the long term. The Board of Directors has...

Reno, NV, July 27, 2021 (GLOBE NEWSWIRE) — XcelPlus International Inc. (OTC Pink: XLPI) announced today that it has received $1,050,000 in seed round funding and appointed Ford Seeman to the company’s Board of Directors. The bulk of the funding has been used to restructure the company, acquire intellectual property, and to complete the design of our 50-ton-per-day plasma gasifier reactor. “Closing this funding round has enabled us to make great strides toward the full recovery of XcelPlus,” stated Charles Robinson, Chief Executive Officer of XcelPlus International. “We have full confidence that we are now structured for completion of our next funding round. From there, we have every expectation that XcelPlus will be quickly catapulted to the forefront of the plasma gasification industry as we produce energy that cleans instead...