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Day: January 27, 2022

Savanna Capital Corp Announces Proposed Acquisition of the San Luis de Cordero Project and Related Financing Transaction

Figure 1San Luis de Cordero ProjectFigure 2San Luis de Cordero ProjectNot for distribution to United States newswire services or for release publication, distribution or dissemination directly, or indirectly, in whole or in part, in or into the United States. TORONTO, Jan. 27, 2022 (GLOBE NEWSWIRE) — SAVANNA CAPITAL CORP. (“Savanna”) (TSX-V: SAC.P), a capital pool company as defined under Policy 2.4 – Capital Pool Companies (the “CPC Policy”) of the TSX Venture Exchange (the “Exchange”), is pleased to announce that it has entered into a binding letter of intent (the “Letter Agreement”) with 1000090242 Ontario Inc., a privately held corporation existing under the laws of the Province of Ontario (“San Luis ON”), which outlines the general terms and conditions pursuant to which Savanna and San Luis...

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Old National and First Midwest Receive Final Regulatory Approval for Merger of Equals

EVANSVILLE, Ind. and CHICAGO, Jan. 27, 2022 (GLOBE NEWSWIRE) — Old National Bancorp (“Old National”) (NASDAQ: ONB) and First Midwest Bancorp, Inc. (“First Midwest”) (NASDAQ: FMBI), today announced that their merger of equals transaction, announced on June 1, 2021, has received Federal Reserve approval. This follows approvals received last year from the Office of the Comptroller of the Currency and stockholders of both companies. With this final regulatory step completed, the merger is expected to occur on or before March 1, 2022, subject to customary closing conditions. It will create one of the largest banks headquartered in the Midwest, with over $45 billion of combined assets, a presence in six of the largest Midwestern MSAs, strong commercial banking capabilities, a robust retail footprint and a significant wealth platform. “With...

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Old National and First Midwest Receive Final Regulatory Approval for Merger of Equals

EVANSVILLE, Ind. and CHICAGO, Jan. 27, 2022 (GLOBE NEWSWIRE) — Old National Bancorp (“Old National”) (NASDAQ: ONB) and First Midwest Bancorp, Inc. (“First Midwest”) (NASDAQ: FMBI), today announced that their merger of equals transaction, announced on June 1, 2021, has received Federal Reserve approval. This follows approvals received last year from the Office of the Comptroller of the Currency and stockholders of both companies. With this final regulatory step completed, the merger is expected to occur on or before March 1, 2022, subject to customary closing conditions. It will create one of the largest banks headquartered in the Midwest, with over $45 billion of combined assets, a presence in six of the largest Midwestern MSAs, strong commercial banking capabilities, a robust retail footprint and a significant wealth platform. “With...

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Codorus Valley Bancorp, Inc. Reports Fourth Quarter 2021 Earnings

Maintained cash dividend at $0.15 per share Purchased 158,073 shares at a weighted average price of $22.30 during the fourth quarter Board of Directors appointed new Chair, Vice Chair and Director in the fourth quarter Board of Directors approved and adopted Amended and Restated By-laws of the Corporation in the fourth quarter New online mortgage application and Everday Rewards+ credit card fully launched in the fourth quarter Hunt Valley Connections Center scheduled to open in the Maryland market in the first quarter of 2022             YORK, Pa, Jan. 27, 2022 (GLOBE NEWSWIRE) — Codorus Valley Bancorp, Inc. (Codorus Valley, or the Corporation) (NASDAQ: CVLY), parent company of PeoplesBank, A Codorus Valley Company (PeoplesBank), today announced net income of $2.7 million or $0.28 per diluted share, for the quarter ended December...

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Simmons First National Corporation Declares $0.19 Per Share Dividend

113 consecutive years of returning capital to its shareholders through cash dividends PINE BLUFF, Ark., Jan. 27, 2022 (GLOBE NEWSWIRE) — Simmons First National Corporation (NASDAQ: SFNC) (“Simmons” or “Company”) announced today that its board of directors has declared a quarterly cash dividend on the Company’s Class A common stock of $0.19 per share, which is payable on April 4, 2022, to shareholders of record as of March 15, 2022. The cash dividend rate represents an increase of $0.01 per share, or 6 percent, from the dividend paid for the same time period last year. The current quarterly cash dividend rate further represents an annualized cash dividend rate of $0.76 per share and a ten-year compound annual growth rate in the dividend of 7 percent. Simmons has a track record of paying cash dividends for 113 consecutive years,...

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Crown Castle Announces Tax Reporting Information for 2021 Distributions

HOUSTON, Jan. 27, 2022 (GLOBE NEWSWIRE) — Crown Castle International Corp. (NYSE: CCI) (“Crown Castle”) announced today certain year-end tax reporting information for its 2021 distributions. The following table summarizes, for income tax purposes, the nature of distributions paid to holders of Crown Castle Common Stock, par value $.01 per share (“Common Stock”), presented on a per share basis, during the calendar year ended December 31, 2021. Stockholders are encouraged to consult with their tax advisors as to their specific tax treatment of Crown Castle’s distributions. Crown Castle Common StockTicker Symbol: CCIRecord Date Payable Date Cash Distribution (per share) Ordinary TaxableDividend(per share) Qualified Taxable Dividend(per share)* Section 199A Dividend(per share)* Non-Taxable Distribution (per share)3/15/2021 3/31/2021 $1.330000 $0.784306 $0.012321 $0.771985 $0.5456946/14/2021 6/30/2021 $1.330000 $0.784306 $0.012321 $0.771985 $0.5456949/15/2021 9/30/2021 $1.330000 $0.784306 $0.012321 $0.771985 $0.54569412/15/2021 12/31/2021 $1.470000 $0.866865 $0.013617 $0.853248 $0.603135*Qualified...

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Stryker reports 2021 operating results and 2022 outlook

Kalamazoo, Michigan, Jan. 27, 2022 (GLOBE NEWSWIRE) — Stryker (NYSE:SYK) reported operating results for the fourth quarter and full year of 2021: Fourth Quarter ResultsReported net sales increased 10.3% from 2020 and 13.8% from 2019 to $4.7 billion Organic net sales increased 9.0% from 2020 and 6.2% from 2019 Reported operating income margin of 17.4% Adjusted operating income margin(1) contracted 190 bps to 27.3% Reported EPS increased 16.1% to $1.73 Adjusted EPS(1) decreased 3.6% to $2.71In addition to sales growth analysis versus 2020, we are including sales growth versus 2019 as 2019 provides a more normal baseline for comparison given the variability caused by the COVID-19 pandemic throughout 2020. As previously disclosed, effective December 31, 2021, we have updated our reportable business segments to (i) MedSurg and...

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WISeKey Releases New Version of WISe.ART NFT Marketplace with Trusted NFTs from New Artists

WISeKey Releases New Version of WISe.ART NFT Marketplace with Trusted NFTs from New Artists WISe.ART is working on cross-blockchain support, enabling a truly open data economy with the support of Ethereum, Polygon and CasperLabs and gradually adding new chains to ensure interoperability and scalability as part of its overall strategy to act as a leading platform of the Web3.0 revolution WISe.Art platform is developing into a fully-fledged marketplace with its own digital currency, the ability to include curators and multipliers, white-labeling options and custom-made NFT design Geneva, New York, Madrid –January 27, 2021 – WISeKey International Holding, a leading cybersecurity, IoT Blockchain company, announced during the Blockchain Conference in NY “Trends in the World of NFTs and Crypto” hosted by M-Vest, the release of the new version...

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Inotiv, Inc. to Report First Quarter Fiscal 2022 Financial Results and Host Conference Call on Thursday, February 10, 2022

WEST LAFAYETTE, Ind., Jan. 27, 2022 (GLOBE NEWSWIRE) — Inotiv, Inc. (NASDAQ: NOTV) (the “Company”, “We”, “Our” or “Inotiv”), a leading contract research organization specializing in nonclinical and analytical drug discovery and development services and research models and related products and services, today announced that the Company will issue its financial results press release for the fiscal 2022 first quarter ended December 31, 2021, on Thursday, February 10, 2022, after the close of the stock market and host a conference call the same day at 4:30 p.m. Eastern Time to discuss the results. Interested parties may participate in the call by dialing:(877) 407-9753 (Domestic) (201) 493-6739 (International)The live conference call webcast will be accessible in the Investors section of the Company’s web site and directly via...

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Trebia Acquisition Corp. and System1 Announce Closing of Business Combination

Combined Company to Trade on NYSE Under Ticker SST Commencing January 28, 2022 LOS ANGELES, Jan. 27, 2022 (GLOBE NEWSWIRE) — System1 (together with Protected.net Group, “System1” or the “Company”), an omnichannel customer acquisition marketing platform, and Trebia Acquisition Corp. (“TREB” or “Trebia”) (NYSE: TREB), a special purpose acquisition company formed by entities affiliated with William P. Foley II and Frank Martire Jr, announced today the completion of their business combination (the “Business Combination”). The Business Combination was approved by a majority of Trebia stockholders at a special meeting held on January 20, 2022. Through a series of transactions, System1 has combined with Trebia, and Trebia has changed its name to “System1, Inc.” as of the closing date. Beginning on January 28, 2022, System1’s common stock...

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