Stock market

Market Valuation Services' New FLARE Software for Banks and Credit Unions Brings Efficiency and Objectivity to Residential Valuations

Retrieved on: 
Thursday, August 13, 2020
Finance, Money, Economy, Financial economics, Stock market, Valuation, Fundamental analysis

HOUSTON, Aug. 13, 2020 /PRNewswire/ --The valuation process is now more efficient than ever, thanks to the launch of Market Valuation Services 'latest software, Fully Loaded Asset Report Evaluator (FLARE).

Key Points: 
  • HOUSTON, Aug. 13, 2020 /PRNewswire/ --The valuation process is now more efficient than ever, thanks to the launch of Market Valuation Services 'latest software, Fully Loaded Asset Report Evaluator (FLARE).
  • FLARE's innovative software helps financial institutions expedite valuation services with improved accuracy, to help increase their bottom line.
  • The software uses a library of data and sophisticated algorithms to produce quick valuations in less time than a traditional bank valuation, and it does so free from human bias.
  • The company could not be more excited to announce FLARE's arrival, said M. Ryan Moore, CSO of Market Valuation Services.

Dundee Corporation Declares Quarterly First Preference Shares, Series 3 Dividend

Retrieved on: 
Thursday, August 13, 2020
Financial markets, Finance, Dividends, Stock market, Equity securities, Shareholders, Preferred stock, Corporate finance, Dundee, Ex-dividend date, Dividend imputation

TORONTO, Aug. 13, 2020 (GLOBE NEWSWIRE) -- Dundee Corporation (TSX: DC.PR.D) (Dundee) announced today that its board of directors has approved the payment of a quarterly cash dividend of $0.27474 per cumulative floating rate first preference share, series 3 (Series 3 Share) payable on September 30, 2020 to shareholders of record on September 16, 2020.

Key Points: 
  • TORONTO, Aug. 13, 2020 (GLOBE NEWSWIRE) -- Dundee Corporation (TSX: DC.PR.D) (Dundee) announced today that its board of directors has approved the payment of a quarterly cash dividend of $0.27474 per cumulative floating rate first preference share, series 3 (Series 3 Share) payable on September 30, 2020 to shareholders of record on September 16, 2020.
  • The quarterly cash dividend payable on September 30, 2020 is approximately $0.08 lower than the amount paid in the previous quarter due to a reduction in the three-month Government of Canada Treasury Bill rate as reported by the Bank of Canada, on which the quarterly dividend per Series 3 Share is based.
  • Dundee Corporation is a public Canadian independent holding company, listed on the Toronto Stock Exchange under the symbol DC.A.
  • Through its operating subsidiaries, Dundee Corporation is engaged in diverse business activities in the areas of investment advisory, corporate finance, energy, resources, agriculture, real estate and infrastructure.

INVESTIGATION REMINDER: The Schall Law Firm Announces it is Investigating Claims Against Fastly, Inc. and Encourages Investors with Losses of $100,000 to Contact the Firm

Retrieved on: 
Thursday, August 13, 2020
Legal, Professional services, Lawsuits, Securities Class Action, Stock market, Securities regulation in the United States

The Schall Law Firm , a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Fastly, Inc. (Fastly or the Company) (NYSE: FSLY ) for violations of the securities laws.

Key Points: 
  • The Schall Law Firm , a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Fastly, Inc. (Fastly or the Company) (NYSE: FSLY ) for violations of the securities laws.
  • The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.
  • We also encourage you to contact Brian Schall of the Schall Law Firm, 1880 Century Park East, Suite 404, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge.
  • The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

Griffon Corporation Announces Pricing of Offering of Common Stock

Retrieved on: 
Thursday, August 13, 2020
Banking, Professional services, Finance, Financial markets, Stock market, Financial economics, Finance, Equity securities, Corporate finance, Griffon Corporation, Stock, Griffon, Security, Common stock, New York Stock Exchange

Griffon Corporation (Griffon or the Company) (NYSE:GFF) announced today the pricing of an underwritten offering of 8,000,000 shares of common stock at a public offering price of $21.50 per share.

Key Points: 
  • Griffon Corporation (Griffon or the Company) (NYSE:GFF) announced today the pricing of an underwritten offering of 8,000,000 shares of common stock at a public offering price of $21.50 per share.
  • In addition, Griffon and a selling stockholder of Griffon have granted the underwriters a 30-day option to purchase up to an additional 1,200,000 shares of common stock.
  • Griffon will not receive any proceeds from the sale of common stock by the selling stockholder.
  • Raymond James & Associates, Inc., Stephens Inc., and Truist Securities, Inc. are also acting as additional joint book-running managers for this offering.

3M Board Declares Quarterly Dividend

Retrieved on: 
Thursday, August 13, 2020
Professional services, Packaging, Engineering, Chemicals, Plastics, Manufacturing, Finance, Other Manufacturing, Financial markets, Financial economics, Corporate finance, Equity securities, Stock market, Dividend, Shareholders, 3M, Common stock, Share, Stock

The 3M Board of Directors (NYSE:MMM) today declared a dividend on the companys common stock of $1.47 per share for the third quarter of 2020.

Key Points: 
  • The 3M Board of Directors (NYSE:MMM) today declared a dividend on the companys common stock of $1.47 per share for the third quarter of 2020.
  • The dividend is payable September 12, 2020, to shareholders of record at the close of business on August 24, 2020.
  • As of June 30, 2020, 3M had 576,019,442 common shares outstanding and 73,137 shareholders of record.
  • Learn more about 3Ms creative solutions to the worlds problems at www.3M.com or on Twitter @3M or @3MNews.

Plexus Announces $50 Million Share Repurchase Program

Retrieved on: 
Thursday, August 13, 2020
Stock market, Share repurchase, Authorization

NEENAH, Wis., Aug. 13, 2020 (GLOBE NEWSWIRE) -- Plexus (NASDAQ: PLXS) announced today that its Board of Directors has approved a new share repurchase program under which the Company is authorized to buy back up to $50 million of its common stock beginning upon expiration of the Companys previous program.

Key Points: 
  • NEENAH, Wis., Aug. 13, 2020 (GLOBE NEWSWIRE) -- Plexus (NASDAQ: PLXS) announced today that its Board of Directors has approved a new share repurchase program under which the Company is authorized to buy back up to $50 million of its common stock beginning upon expiration of the Companys previous program.
  • This most recent authorization is expected to extend through fiscal 2021.
  • Patrick Jermain, Executive Vice President and Chief Financial Officer, commented, We remain committed to maximizing shareholder returns and are pleased to announce the authorization of this program.
  • Plexus does not have a specific schedule or commitment for the repurchase of the shares; however, subject to market factors, it expects to complete the authorization on a relatively consistent basis through fiscal 2021.

Lionheart Acquisition Corporation II Announces Pricing of $200 Million Initial Public Offering

Retrieved on: 
Thursday, August 13, 2020
Initial public offering, Stock market, Offering, Pricing, Underwriting, Financial economics, Finance, Money

MIAMI, Aug. 13, 2020 (GLOBE NEWSWIRE) -- Lionheart Acquisition Corporation II (the Company) announced today the pricing of its initial public offering of 20,000,000 units at a price of $10.00 per unit.

Key Points: 
  • MIAMI, Aug. 13, 2020 (GLOBE NEWSWIRE) -- Lionheart Acquisition Corporation II (the Company) announced today the pricing of its initial public offering of 20,000,000 units at a price of $10.00 per unit.
  • The offering is expected to close on August 18, 2020, subject to satisfaction of customary closing conditions.
  • The Company has granted the underwriters a 45-day option to purchase up to 3,000,000 of the units at the initial public offering price to cover over-allotments, if any.
  • This press release contains statements that constitute forward-looking statements, including with respect to the initial public offering and search for an initial business combination.

Treasury Metals Receives Consent to File Final Prospectus Qualifying Distribution of Securities Underlying Subscription Receipts

Retrieved on: 
Thursday, August 13, 2020
Stock market, Initial public offering, Prospectus, Security, Private placement

TORONTO, Aug. 13, 2020 /PRNewswire/ -Treasury Metals Inc. (TSX: TML) ("Treasury" or the "Company") is pleased to announce that the Company has received clearance from the Ontario Securities Commission to file a final short form prospectus (the "Prospectus") qualifying the distribution of the securities underlying the subscription receipts of the Company (the "Subscription Receipts"), issued in connection with the Company's $11.52 million bought deal private placement that closed on July 7, 2020 (the "Private Placement").

Key Points: 
  • TORONTO, Aug. 13, 2020 /PRNewswire/ -Treasury Metals Inc. (TSX: TML) ("Treasury" or the "Company") is pleased to announce that the Company has received clearance from the Ontario Securities Commission to file a final short form prospectus (the "Prospectus") qualifying the distribution of the securities underlying the subscription receipts of the Company (the "Subscription Receipts"), issued in connection with the Company's $11.52 million bought deal private placement that closed on July 7, 2020 (the "Private Placement").
  • Treasury Metals Inc. is a gold focused company with assets in Canada.
  • These statements in this release include statements with respect to the timing of the conversion of the Subscription Receipts into Units.
  • These include, but are not limited to potential delays to the conversion of the Subscription Receipts into Units.

Genesis Financial Inc. Appoints VStock Transfer as Transfer Agent

Retrieved on: 
Thursday, August 13, 2020
Financial markets, Stock market, Financial economics, Corporate finance, Stock, Globe Telecom

New York, NY, Aug. 13, 2020 (GLOBE NEWSWIRE) -- Genesis Financial Inc. (OTC: GFNL)(the Company) announced today that it has engaged Vstock Transfer as the Companys new transfer agent and registrar of its common stock to, effective immediately.

Key Points: 
  • New York, NY, Aug. 13, 2020 (GLOBE NEWSWIRE) -- Genesis Financial Inc. (OTC: GFNL)(the Company) announced today that it has engaged Vstock Transfer as the Companys new transfer agent and registrar of its common stock to, effective immediately.
  • Managing Director of VStock Transfer, Lisa Loew, commented, We welcome Genesis Financial, its management team and all the Companys shareholders.
  • About Genesis Financial , Inc.(OTC : GFNL):A publicly-listed diversified global financial services company focused on Fintech investment: Wealth Management and Lending Platforms.
  • About VStock Transfer: VStock Transfer is a stock transfer agent providing best-in-class service combined with a cost savings structure.

Armada Hoffler Announces Pricing of Public Offering of 6.75% Series A Preferred Stock

Retrieved on: 
Thursday, August 13, 2020
Finance, Financial economics, Money, Stock market, Equity securities, Corporate finance, Preferred stock, Real estate investment trust, Stock

This offering is a re-opening of the Companys previous issuances of Series A Preferred Stock.

Key Points: 
  • This offering is a re-opening of the Companys previous issuances of Series A Preferred Stock.
  • The additional shares of Series A Preferred Stock sold in this offering will form a single series, and be fully fungible, with the outstanding shares of Series A Preferred Stock.
  • The Series A Preferred Stock is listed on the New York Stock Exchange under the symbol AHHPrA.
  • Founded in 1979 by Daniel A. Hoffler, the Company has elected to be taxed as a REIT for U.S. federal income tax purposes.