Day: August 24, 2021

Timbercreek Financial Declares August 2021 Dividend

Timbercreek Financial Declares August 2021 Dividend

TORONTO, Aug. 24, 2021 (GLOBE NEWSWIRE) — Timbercreek Financial (TSX: TF) (the “Company”) is pleased to announce that its board of directors (the “Board”) has declared a monthly cash dividend of $0.0575 per common share (“Common Share”) of the Company to be paid on September 15, 2021 to holders of Common Shares of record on August 31, 2021. The Company also offers a Dividend Reinvestment Plan (the “Plan”), which is eligible to holders of Common Shares and provides a convenient means to purchase additional Common Shares by reinvesting cash dividends at a potential discount and without having to pay commissions, service charges or brokerage fees. Pursuant to the Plan and at the discretion of Timbercreek Capital Inc., the Manager, Common Shares will be acquired in the open market at prevailing prices or issued from treasury at 98...

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INDUS Announces Agreement to Acquire a 128,000 Square Foot Industrial/Logistics Building in Charlotte

INDUS Announces Agreement to Acquire a 128,000 Square Foot Industrial/Logistics Building in Charlotte

NEW YORK, Aug. 24, 2021 (GLOBE NEWSWIRE) — INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS”), a U.S. based industrial/logistics REIT, announced today that it recently entered into an agreement (the “Purchase Agreement”) to acquire, for a purchase price of $14.6 million, before transaction costs, an approximately 128,000 square foot, fully-leased, industrial/logistics building in Charlotte, North Carolina (the “Charlotte Acquisition”). Under the terms of the Purchase Agreement, INDUS expects to close on the Charlotte Acquisition in the first part of the 2021 fourth quarter. Michael Gamzon, President and Chief Executive Officer of INDUS, commented, “We are pleased to have identified this off-market opportunity to expand our footprint in Charlotte. The building is well-located in one of Charlotte’s premier submarkets that has significant...

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<div>Berkshire Hills and Brown & Brown Announce Definitive Agreement to Sell Berkshire Insurance Group to Brown & Brown of Massachusetts</div>

Berkshire Hills and Brown & Brown Announce Definitive Agreement to Sell Berkshire Insurance Group to Brown & Brown of Massachusetts

BOSTON, Aug. 24, 2021 (GLOBE NEWSWIRE) — Berkshire Hills Bancorp, Inc. (NYSE: BHLB) and Brown & Brown, Inc. (NYSE: BRO) today announced the execution of a definitive agreement for the sale of the assets and operations of Berkshire Insurance Group, Inc. (BIG), a subsidiary of Berkshire Hills, to Brown & Brown of Massachusetts, LLC, a subsidiary of Brown & Brown. The transaction is subject to customary conditions and is expected to be completed in the third quarter. BIG has been providing insurance coverage to customers across the Northeast since its inception in 2000, growing into one of the largest insurance agencies in Western Massachusetts. They provide personal and commercial property and casualty insurance solutions. “Consistent with Berkshire’s Exciting Strategic Transformation (BEST) program, this...

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ERYTECH Hosting Key Opinion Leader Webinar on Eryaspase in Pancreatic Cancer

ERYTECH Hosting Key Opinion Leader Webinar on Eryaspase in Pancreatic Cancer

ERYTECH Hosting Key Opinion Leader Webinar on Eryaspase in Pancreatic Cancer Webinar on Wednesday, September 1st @ 10am ET/4pm CET Cambridge, MA (U.S.) and Lyon (France), August 24, 2021 – ERYTECH Pharma (Nasdaq & Euronext: ERYP), a clinical-stage biopharmaceutical company, leader in red blood-cell based cancer therapeutics, announced today it will host a key opinion leader webinar on its lead product candidate eryaspase, L-asparaginase encapsulated in donor-derived red blood cells, on Wednesday, September 1, 2021 at 10:00am Eastern Time. The webinar will feature a presentation by KOLs and also the Principal Investigators of the TRYbeCA-1 and rESPECT studies, respectively; Dr. Manuel Hidalgo Medina, M.D., Ph.D., Weill Cornell Medicine/NewYork-Presbyterian Hospital, and Dr. Marcus Noel, M.D., Georgetown University. Dr. Hidalgo will...

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Toll Brothers Reports FY 2021 3rd Quarter Results

Toll Brothers Reports FY 2021 3rd Quarter Results

The Mayne, Sereno Canyon, Scottsdale, AZ Toll Brothers, America’s Luxury Home Builder FORT WASHINGTON, Pa., Aug. 24, 2021 (GLOBE NEWSWIRE) — Toll Brothers, Inc. (NYSE:TOL) (TollBrothers.com), the nation’s leading builder of luxury homes, today announced results for its third quarter ended July 31, 2021. FY 2021’s Third Quarter Financial Highlights (Compared to FY 2020’s Third Quarter): Net income and earnings per share were $234.9 million and $1.87 per share diluted, compared to net income of $114.8 million and $0.90 per share diluted in FY 2020’s third quarter. Pre-tax income was $303.4 million, compared to $151.9 million in FY 2020’s third quarter. Home sales revenues were $2.23 billion, up 37% compared to FY 2020’s third quarter; delivered homes were 2,597, up 28%. Net signed contract value was $2.98...

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Oxford Lane Capital Corp. Announces Dividend Declaration of 6.00% Series 2029 Term Preferred Stock

Oxford Lane Capital Corp. Announces Dividend Declaration of 6.00% Series 2029 Term Preferred Stock

GREENWICH, Conn., Aug. 24, 2021 (GLOBE NEWSWIRE) — Oxford Lane Capital Corp. (the “Company”) (NasdaqGS: OXLC, OXLCM, OXLCP, OXLCL and OXLCO) announced today its Board of Directors has declared the required monthly dividends on its 6.00% Series 2029 Term Preferred Shares as follows:   Per Share Dividend Amount Declared Record Dates Payment Dates   $ 0.1875(1)  September 16, 2021 September 30, 2021   $ 0.125 October 15, 2021 and November 16, 2021 October 29, 2021 and November 30, 2021 __________________      (1)  Includes the initial accrual period commencing August 17, 2021, the date the 6.00% Series 2029 Term Preferred Shares were issued. In accordance with its terms, the 6.00% Series 2029 Term Preferred Shares will pay a monthly dividend at a fixed rate of 6.00% of the $25.00 per share liquidation preference, or $1.50...

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SmartCentres Declares Distribution for August 2021

SmartCentres Declares Distribution for August 2021

TORONTO, Aug. 24, 2021 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (“SmartCentres” or the “Trust”) (TSX:SRU.UN) announced today that the trustees of SmartCentres have declared a distribution for the month of August 2021 of CDN $0.15417 per trust unit, representing CDN $1.85 per unit on an annualized basis. Payment will be made on September 15, 2021 to unitholders of record on August 31, 2021. About SmartCentres SmartCentres Real Estate Investment Trust is one of Canada’s largest fully integrated REITs, with a best-in-class portfolio featuring 168 strategically located properties in communities across the country. SmartCentres has approximately $10.0 billion in assets and owns 33.9 million square feet of income producing value-oriented retail space with over 97% occupancy, on 3,500 acres of owned land across Canada. SmartCentres...

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Cellect Biotechnology Reports Second Quarter 2021 Financial and Operating Results

Cellect Biotechnology Reports Second Quarter 2021 Financial and Operating Results

Strategic Merger Transaction Remains on Track to Close During the 2021 Third Quarter Tel Aviv, Israel, Aug. 24, 2021 (GLOBE NEWSWIRE) — Cellect Biotechnology Ltd. (NASDAQ: “APOP”), a developer of innovative technology that enables the functional selection of stem cells, today reported financial and operating results for the second quarter ended June 30, 2021, and provided an update on the proposed strategic merger with privately-held Quoin Pharmaceuticals and recent clinical news On August 12, the Securities and Exchange Commission (SEC) declared effective the Company’s Form F-4 in connection with the proposed strategic merger with Quoin Pharmaceuticals. Quoin is a specialty pharmaceutical company focused on rare and orphan diseases. Quoin’s leadership team is made up of industry veterans, with extensive relevant executive...

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Plains All American Announces Governance Enhancement

Plains All American Announces Governance Enhancement

HOUSTON, Aug. 24, 2021 (GLOBE NEWSWIRE) — Plains All American Pipeline, L.P. and Plains GP Holdings (Nasdaq: PAA & PAGP) (collectively, “Plains”) today announced that its Board of Directors has approved amendments to the underlying governance arrangements for Plains that eliminate all previously negotiated “director designation” rights and require that all Directors be subject to public election. The amendments, which have also been approved by Kayne Anderson Capital Advisors, L.P. (“Kayne Anderson”), became effective on August 19, 2021 and eliminate Kayne Anderson’s legacy contractual right to designate an individual to serve on the Plains Board without being subject to public election. The Plains Board has simultaneously approved the appointment of Kevin McCarthy, Kayne Anderson’s previously designated director to Plains’...

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Black Hills Corp. Highlights Progress Toward a Cleaner Energy Future in Newly Released Sustainability Report

Black Hills Corp. Highlights Progress Toward a Cleaner Energy Future in Newly Released Sustainability Report

RAPID CITY, S.D., Aug. 24, 2021 (GLOBE NEWSWIRE) — Black Hills Corp. (NYSE: BKH) today announced the release of its 2020 Corporate Sustainability Report, showcasing the company’s environmental, social and governance performance and its progress on major projects and climate goals. The report also highlights how in 2020 – during a historic and challenging year – the Black Hills Corp. team worked together to quickly adapt to the uncertainty of the pandemic, to safely serve its communities and reliably supply essential energy to customers. “Whether delivering energy to homes and businesses, helping customers in times of need, providing resources to our employees or partnering with communities, we recognize we are much more than a utility, we are an engaged corporate citizen,” said Linn Evans, president and CEO of Black Hills Corp....

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