Day: November 19, 2021

HII Awarded Additional $113.6 Million Advance Procurement Contract for Amphibious Assault Ship LHA 9

HII Awarded Additional $113.6 Million Advance Procurement Contract for Amphibious Assault Ship LHA 9

PASCAGOULA, Miss., Nov. 19, 2021 (GLOBE NEWSWIRE) — Huntington Ingalls Industries (NYSE:HII) announced today that its Ingalls Shipbuilding division has received a contract modification from the U.S. Navy for $113.6 million to enable long-lead-time material and advance procurement activities for amphibious assault ship LHA 9. This modification brings the total advance funding for LHA 9 to $651 million. “We appreciate the partnership we have with the Navy and their continued commitment to this important ship,” Ingalls Shipbuilding President Kari Wilkinson said. “Not only will it provide capability to our Navy fleet, but it also sustains hundreds of jobs across the country within our vast network of suppliers in support of construction.” LHAs are the centerpiece of the Navy amphibious ready groups and Marine Corps air ground task...

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Laurentian Bank Donates $25,000 to the Canadian Red Cross in Support of Relief and Humanitarian Efforts in British Columbia

Laurentian Bank Donates $25,000 to the Canadian Red Cross in Support of Relief and Humanitarian Efforts in British Columbia

MONTREAL, Nov. 19, 2021 (GLOBE NEWSWIRE) — The Laurentian Bank of Canada (TSX: LB) (the “Bank”) announces a $25,000 donation to the Canadian Red Cross to support immediate and ongoing relief efforts in the regions in British Columbia impacted by the current flooding. “The entire Laurentian Bank team stands with British Columbians who are going through an unimaginable situation. We are in close communication with our BC-based employees to ensure their safety and are proactively reaching out to affected customers and offering tailored solutions to support them during these challenging times,” said Rania Llewellyn, President and CEO of Laurentian Bank. The Bank’s donation will be used to get help to people in and around affected areas as quickly as possible and provide humanitarian assistance for new needs...

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FINWARD BANCORP ANNOUNCES FOURTH QUARTER DIVIDEND

FINWARD BANCORP ANNOUNCES FOURTH QUARTER DIVIDEND

MUNSTER, Ind., Nov. 19, 2021 (GLOBE NEWSWIRE) — Finward Bancorp, the parent company for Peoples Bank, today announced that the Board of Directors of the Bancorp declared a dividend of $0.31 per share payable on January 7, 2022, with a record date of December 29, 2021. About Finward Bancorp Finward Bancorp is a locally managed and independent financial holding company headquartered in Munster, Indiana, whose activities are primarily limited to holding the stock of Peoples Bank. Peoples Bank provides a wide range of personal, business, electronic and wealth management financial services from its 22 locations in Lake and Porter Counties in Northwest Indiana and South Chicagoland. Finward Bancorp’s common stock is quoted on the NASDAQ Stock Market, LLC under the symbol FNWD. The website ibankpeoples.com provides information on Peoples...

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Agnico Eagle and Kirkland Lake Gold Remind Shareholders to Vote “FOR” Their Proposed Merger

Agnico Eagle and Kirkland Lake Gold Remind Shareholders to Vote “FOR” Their Proposed Merger

Deadline for Agnico shareholders to vote is 10:00 a.m. EST on November 24, 2021 Deadline for Kirkland shareholders to vote is 11:00 a.m. EST on November 24, 2021 Holders of Kirkland CHESS Depositary Interests must submit their voting instructions before 11:00 a.m. EST on November 23, 2021. TORONTO, Nov. 19, 2021 (GLOBE NEWSWIRE) — Agnico Eagle Mines Limited (TSX:AEM, NYSE:AEM) (“Agnico Eagle” or “Agnico”) and Kirkland Lake Gold Ltd. (TSX:KL, NYSE:KL, ASX:KLA) (“Kirkland Lake Gold” or “Kirkland”) would like to thank shareholders who have already voted “FOR” their previously announced merger of equals and remind other shareholders to vote “FOR” the transaction before their respective proxy cut-off deadlines. The Meetings The special meeting of Agnico Eagle shareholders will be held online at 10:00 a.m. (Toronto time) on November...

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Vinco Ventures Announces Date of Third Quarter 2021 Financial Results Conference Call

Vinco Ventures Announces Date of Third Quarter 2021 Financial Results Conference Call

Fairport, NY., Nov. 19, 2021 (GLOBE NEWSWIRE) — Vinco Ventures, Inc. (NASDAQ:BBIG), a digital media and content technologies holding company, will release its financial results for the third quarter ended September 30, 2021, after the market close on Monday, November 22, 2021. Management will hold a conference call and webcast on Tuesday, November 23, 2021 at 8:30 a.m. ET to review and discuss the Company’s third quarter results. A recorded version of this webcast will be available after the call and accessible at https://investors.vincoventures.com/. What:  Vinco Ventures’ Third Quarter 2021 Financial Results Conference Call When: Tuesday, November 23, 2021 Time: 8:30 a.m. ET Live Call: (877) 407-2991, Toll-Free   (201) 389-0925, Toll Replay: (877) 660-6853 (U.S.)             (201) 612 7415 (International)   Access...

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Shaw Commits $500,000 to Relief Efforts for British Columbia Residents and Communities

Shaw Commits $500,000 to Relief Efforts for British Columbia Residents and Communities

CALGARY, Alberta, Nov. 19, 2021 (GLOBE NEWSWIRE) — Shaw Communications Inc. today announced a commitment of $500,000 to support the relief and recovery efforts of organizations throughout British Columbia, including the Canadian Red Cross, Food Banks BC, and local grassroots organizations to address the immediate and ongoing needs in areas affected by recent floods. “We are thinking of everyone impacted by this natural disaster and, like so many, we are deeply grateful to the emergency response teams and the organizations who continue to manage the devastating impacts of the past week’s storms,” says Brad Shaw, Executive Chairman and Chief Executive Officer, Shaw Communications. “As flood relief efforts continue, we are committed to doing everything we can to support our customers, our employees, and help keep our communities connected.” To...

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Western Potash Receives Key Findings of Updated NI 43-101 Report

Western Potash Receives Key Findings of Updated NI 43-101 Report

VANCOUVER, British Columbia, Nov. 19, 2021 (GLOBE NEWSWIRE) — Western Resources Corp. (TSX: WRX) (“Western” or “the Company”) is pleased to announce that Western Potash Corp. (“WPC”), the company’s wholly-owned subsidiary, has received key findings from its upcoming NI 43-101 report (“Report”) for its Milestone Phase I Project (“The Phase I Project”) in southern Saskatchewan. The Report is based on the expansion of the mine life from 12 years to 40 years and the update of the mining plan. The technical Report is being prepared by March Consulting Associates Inc. (“March”). March is an engineering and project management provider with extensive experience in delivering mining projects across Saskatchewan. The Phase I Project is the first stage of Canada’s newest and most innovative, environmentally friendly and capital-efficient...

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NIO Inc. Announces Completion of At-The-Market Offering of American Depositary Shares

NIO Inc. Announces Completion of At-The-Market Offering of American Depositary Shares

SHANGHAI, China, Nov. 19, 2021 (GLOBE NEWSWIRE) — NIO Inc. (NYSE: NIO) (“NIO” or the “Company”), a pioneer and a leading company in the premium smart electric vehicle market, today announced that it has completed its previously announced at-the-market offering (the “At-The-Market Offering”) of American depositary shares (“ADSs”), each representing one Class A ordinary share of the Company. Through the At-The-Market Offering, the Company has sold 53,292,401 ADSs and raised gross proceeds of US$2 billion, before deducting commissions paid to the distribution agents of approximately US$26 million and certain offering expenses. The Company currently plans to use the net proceeds from the At-The-Market Offering to further strengthen its balance sheet, as well as for general corporate purposes. This press release shall not constitute...

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Friedman Industries, Incorporated Announces Second Quarter Results and Sinton, Texas Facility Update

Friedman Industries, Incorporated Announces Second Quarter Results and Sinton, Texas Facility Update

LONGVIEW, Texas, Nov. 19, 2021 (GLOBE NEWSWIRE) — The Company announced today its results of operations for the fiscal second quarter. For the quarter ended September 30, 2021 (the “2021 quarter”), the Company recorded net earnings of $13,177,614 ($1.91 diluted earnings per share) on sales of $92,570,895 compared to a net loss of $250,005 ($0.04 diluted loss per share) on sales of $24,861,680 for the quarter ended September 30, 2020 (the “2020 quarter”). The 2021 quarter results make it the most profitable quarter in Company history. Results for the 2021 quarter were positively impacted by strong margins primarily associated with a historic rise in steel prices. The 2021 quarter was also positively impacted by the continued ramp up of the Decatur, Alabama facility’s new stretcher leveler cut-to-length line. “We continued to position...

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Freddie Mac Prices $292 Million Sustainability Bonds Offering of Guaranteed Tax-Exempt ML Certificates

Freddie Mac Prices $292 Million Sustainability Bonds Offering of Guaranteed Tax-Exempt ML Certificates

Offering Continues Support for Multifamily Affordable Housing Projects McLEAN, Va., Nov. 19, 2021 (GLOBE NEWSWIRE) — Freddie Mac (OTCQB: FMCC) recently priced a new offering of credit risk transfer securities backed by Tax-Exempt Loans (TELs) made by state or local housing agencies and secured by affordable rental housing. This is the company’s twelfth ML Certificate offering and sixth ML-Deal with the sustainability bonds moniker. The company expects to guarantee approximately $292 million in fixed-rate ML Certificates (ML-12 Certificates) that are supported by a pool of fixed-rate TELs. The ML-12 Certificates are expected to settle on or about November 24, 2021. The ML-12 Certificates are designated as “sustainability bonds” within Freddie Mac’s Sustainability Bonds Framework. The proceeds will be used to finance multifamily...

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