Day: May 11, 2022

International ratings agency Moody’s Investors Service („Moody‘s“)  has assigned a first time Baa2 long-term and Prime-2 short-term foreign and local currency bank deposit and issuer ratings to Iceland’s Kvika Banki hf („Kvika“). The assigned long-term deposit and issuer ratings carry a stable outlook. The ratings reflect Kvika’s robust capitalisation coupled with strong profitability and liquidity, reflective of the group’s diversified revenue streams and the increasing importance of non-capital-intensive banking operations as well as the profit contribution from its insurance operations via TM tryggingar hf. Kvika initiated the rating process in early 2022, following the publication of the Group’s first EMTN Programme and inaugural foreign debt issuance, to support the Group‘s issuance of bonds and other funding efforts. Marinó Örn...

On 11 May 2022, the annual general meeting in Equinor ASA (OSE: EQNR, NYSE: EQNR) approved the annual report and accounts for Equinor ASA and the Equinor group for 2021, as proposed by the board of directors. The fourth quarter 2021 dividend accrues to the shareholders as registered in Equinor’s shareholder register with the Norwegian Central Securities Depository (VPS) as of expiry of 13 May 2022 (the “Record Date”). Subject to ordinary settlement in VPS, this implies that the right to dividend accrues to shareholders as of 11 May 2022. For US ADR (American Depository Receipts) holders, dividend accrues also as of 11 May 2022. The shares will be traded ex-dividend on the Oslo Stock Exchange (Oslo Børs) from and including 12 May 2022. The ADRs on New York Stock Exchange will also trade ex-dividend from and including 12...

MONTREAL, May 11, 2022 (GLOBE NEWSWIRE) — Boralex Inc. (“Boralex” or the “Company”) (TSX: BLX) held its annual meeting of shareholders earlier today. During the online meeting chaired by Alain Rhéaume, Chairman of the Board, shareholders elected directors and adopted the resolutions proposed. The retirement of Mr. Edward H. Kernaghan, a director of the Company for the past 15 years, and his significant contribution to Boralex were also highlighted. Mr. Rhéaume opened the meeting with congratulations to Boralex’s teams on the outstanding achievements of 2021, including the updating of the strategic plan with the adoption of ambitious objectives, success in getting several projects selected under calls for tender in North America and Europe, securing a first sustainability-linked loan and the partnership recently formed with Energy...

Mid Penn Bank Hires Jordan Space as EVP, Chief Corporate Development Officer Jordan Space, EVP, Chief Corporate Development OfficerHARRISBURG, Pa., May 11, 2022 (GLOBE NEWSWIRE) — Mid Penn Bank (the “Bank”), a wholly owned subsidiary of Mid Penn Bancorp, Inc. (“Mid Penn”) (NASDAQ: MPB), announces the appointment of Jordan Space as executive vice president and chief corporate development officer, effective April 18, 2022.  In his role, Mr. Space will be assisting the CEO in the development of new lines of business across the corporation, including the establishment of a Private Bank, to increase market share and strengthen Mid Penn’s brand presence throughout the state. Most recently, Mr. Space served as market president of the Eastern Pennsylvania market for S&T Bank. Prior to that, he held the position of chief lending...

Figure 1 Plan map showing drill collar locationsFigure 2 QDM/Radio plan mapFigure 3 QDM/Radio areaFigure 4 Section showing QDM-21-044 and QDM-22-046Figure 5 Section showing QDM-22-045VANCOUVER, British Columbia, May 11, 2022 (GLOBE NEWSWIRE) — Aldebaran Resources Inc. (“Aldebaran” or the “Company”) (TSX-V: ALDE, OTCQX: ADBRF) reports additional drill results from its ongoing drill program at the Altar copper-gold project in San Juan, Argentina. The holes reported herein are QDM-21-044 and QDM-22-046, and the remainder of QDM-22-045 (the top 457 m of QDM-22-045, which returned 14.9 m of epithermal gold mineralization at 19.08 g/t Au, was previously reported by the Company on February 24, 2022). All three holes encountered long intercepts of copper-gold mineralization with QDM-21-044 also hitting an attractive...

MUNCIE, Ind., May 11, 2022 (GLOBE NEWSWIRE) — First Merchants Corporation (NASDAQ: FRME), a $18 billion financial holding company, has elected Patrick J. Fehring to the Boards of Directors of First Merchants Corporation and First Merchants Bank. Fehring recently announced plans to transition from his day-to-day leadership role as President and Chief Executive Officer of Level One Bank and Level One Bancorp, Inc. He has served in this position since the founding of the bank in 2007. First Merchants Corporation and Level One Bancorp finalized a merger of the two companies in April. “The First Merchants Board of Directors is proud to welcome Mr. Fehring,” said Board Chairman Charles E. Schalliol. “Patrick’s financial services expertise and commitment to southeastern Michigan communities will serve our shareholders and customers well...

NASHVILLE, Tenn., May 11, 2022 (GLOBE NEWSWIRE) — Yellow Corporation (NASDAQ: YELL) announced today that President and Chief Operating Officer Darrel Harris and Chief Financial Officer Dan Olivier will participate in a fireside chat on Tuesday, May 17, 2022, at 4:00 p.m. ET, at Bank of America’s 29th Annual Transportation, Airlines and Industrials Conference in Boston, Massachusetts. This event will be available on the Yellow Corporation website www.myyellow.com as a live audio webcast and as a replay for 30 days. About Yellow Corporation Yellow operates one of the largest, most comprehensive logistics and less-than-truckload (LTL) networks in North America, providing customers with regional, national, and international shipping services throughout. Backed by a team of over 30,000 transportation professionals, Yellow’s flexible...

Nokia CorporationStock Exchange Release11 May 2022 at 21:00 EEST Nokia Corporation: Repurchase of own shares on 11.05.2022 Espoo, Finland – On 11 May 2022 Nokia Corporation (LEI: 549300A0JPRWG1KI7U06) has acquired its own shares (ISIN FI0009000681) as follows:Trading venue (MIC Code) Number of shares Weighted average price / share, EUR*XHEL 291,859 4.61CEUX 37,978 4.61AQEU 12,211 4.62TQEX 10,952 4.62Total 353,000 4.61* Rounded to two decimals On 3 February 2022, Nokia announced that its Board of Directors is initiating a share buyback program under the authorization granted by Nokia’s Annual General Meeting on 8 April 2021 to return up to EUR 600 million of cash to shareholders in tranches over a period of two years. The first phase of the share buyback program in compliance with the Market Abuse Regulation (EU) 596/2014...