Director

Conformis, Inc. Effects 1-for-25 Reverse Stock Split

Retrieved on: 
Wednesday, November 9, 2022
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As a result of the Reverse Stock Split, each 25 shares of Conformis' common stock outstanding will be combined into one share of common stock and the total number of shares of common stock outstanding will be reduced from approximately 188 million shares to approximately 7.5 million shares.Stockholders of record will receive cash in lieu of any fraction of a share that stockholders would otherwise be entitled to receive as a result of the Reverse Stock Split.

Key Points: 
  • As a result of the Reverse Stock Split, each 25 shares of Conformis' common stock outstanding will be combined into one share of common stock and the total number of shares of common stock outstanding will be reduced from approximately 188 million shares to approximately 7.5 million shares.Stockholders of record will receive cash in lieu of any fraction of a share that stockholders would otherwise be entitled to receive as a result of the Reverse Stock Split.
  • Conformis has retained American Stock Transfer & Trust Company (AST) to act as exchange agent for the reverse stock split.
  • AST will manage the exchange of old, pre-reverse stock split shares for new post-reverse stock split shares.
  • Stockholders owning shares through a bank, broker, or other nominee will have their positions automatically adjusted to reflect the Reverse Stock Split, subject to brokers particular processes, and will not be required to take any action in connection with the Reverse Stock Split.

EURO Ressources reports earnings for the third quarter and nine months ended September 30, 2022

Retrieved on: 
Wednesday, November 9, 2022
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THIRD QUARTER AND NINE MONTHS ENDED SEPTEMBER 30, 2022

Key Points: 
  • THIRD QUARTER AND NINE MONTHS ENDED SEPTEMBER 30, 2022
    Paris, France, November 9, 2022: EURO Ressources S.A. (EURO or the Company) (Paris:EUR) today announced its unaudited statutory interim financial results prepared in accordance with International Financial Reporting Standards (IFRS) for the nine months ended September30, 2022.
  • No impairment charges were recorded in the statement of earnings for the period ended September 30, 2022.
  • Nine months ended September30, 2022 compared to the same period in 2021 (IFRS)
    Under IFRS, EURO reported a net profit of 9.3 million (0.149 per share) for the nine months ended September 30, 2022 compared to 5.0 million (0.080 per share) for the nine months ended September 30, 2021.
  • Revenues were only attributable to the Rosebel royalty for the first nine months ended September 30, 2022 and 2021.

Martine Gerow joins the Board of Directors of SCOR

Retrieved on: 
Wednesday, November 9, 2022
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On November 8, 2022, the Board of Directors of SCOR decided, upon proposal of the Nomination Committee, to co-opt Martine Gerow, Chief Financial Officer of American Express Global Business Travel, as a director.

Key Points: 
  • On November 8, 2022, the Board of Directors of SCOR decided, upon proposal of the Nomination Committee, to co-opt Martine Gerow, Chief Financial Officer of American Express Global Business Travel, as a director.
  • Martine Gerow also joins the Strategic Committee, the Audit Committee, and the Sustainability Committee.
  • The Board has already determined that Martine Gerow meets the required independence criteria.
  • Denis Kessler, Chairman of SCOR, comments: "I am delighted that the Board of Directors can henceforth benefit from Martine Gerows expertise, skills and experience.

First nine months 2022 results: SCOR takes action to restore profitability in a challenging environment

Retrieved on: 
Wednesday, November 9, 2022
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In the third quarter of 2022, the reinsurance industry continues to face a challenging environment.

Key Points: 
  • In the third quarter of 2022, the reinsurance industry continues to face a challenging environment.
  • Going forward, SCOR expects to be able to absorb the DTA utilization and reduction in recoverability period.
  • This strong capital base will enable SCOR to take advantage of the acceleration of the hardening of the P&C market.
  • The Group cost ratio accounts for 4.5% of gross written premiums in the first nine months of 2022.

Carlyle Secured Lending, Inc. Announces Third Quarter 2022 Financial Results, Declares Total Fourth Quarter 2022 Dividends of $0.44 Per Share and Increases Quarterly Base Dividend Rate Again

Retrieved on: 
Tuesday, November 8, 2022
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The combination of higher base rates, our stable portfolio and the current deployment environment enabled us to deliver growth in our core earnings.

Key Points: 
  • The combination of higher base rates, our stable portfolio and the current deployment environment enabled us to deliver growth in our core earnings.
  • Based on these factors, we increased both our base and supplemental dividend rates for the fourth quarter.
  • Net investment income for the third quarter of 2022 was$0.58per common share, and net asset value per common share increased by 2.1% for the third quarter to $17.16 from $16.81 as of June 30, 2022.
  • The Company will host a conference call at 10:00 a.m. EST on Wednesday, November9, 2022 to discuss these quarterly financial results.

Stingray Reports Second Quarter Results for Fiscal 2023 with good momentum in Stingray Advertising

Retrieved on: 
Tuesday, November 8, 2022
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Based on ongoing revenue momentum and cost control measures, we are confident about sustaining a 35% Adjusted EBITDA margin by the year-end.

Key Points: 
  • Based on ongoing revenue momentum and cost control measures, we are confident about sustaining a 35% Adjusted EBITDA margin by the year-end.
  • Broadcasting and Commercial Music revenues improved 17.0% year-over-year to $44.9 million in the second quarter of 2023 mainly due to the InStore Audio Network acquisition that closed in early January.
  • Radio revenues, meanwhile, edged up 1.3% to $32.7 million in the quarter, benefiting from a gradual return to normal commercial operations post-COVID.
  • For the quarter, revenues in Canada improved 1.2% to $47.2 million from $46.7 million in the same period in 2022.

Molson Coors Beverage Company Announces Regular Quarterly Dividend

Retrieved on: 
Thursday, November 10, 2022
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The quarterly dividend is payable to holders of Class A and Class B common stock of Molson Coors Beverage Company.

Key Points: 
  • The quarterly dividend is payable to holders of Class A and Class B common stock of Molson Coors Beverage Company.
  • In addition, the Board of Directors of Molson Coors Canada Inc. (TSX: TPX.B, TPX.A) today declared a quarterly dividend of approximately CDN$0.50 (the Canadian dollar equivalent of the dividend declared on Molson Coors Beverage Company stock), payable December 15, 2022, to its Class A and Class B exchangeable shareholders of record on December 2, 2022.
  • For more than two centuries Molson Coors Beverage Company has been brewing beverages that unite people for all lifes moments.
  • About Molson Coors Canada Inc.
    Molson Coors Canada Inc. (MCCI) is a subsidiary of Molson Coors Beverage Company.

Cabot Corporation Board Declares Dividend

Retrieved on: 
Thursday, November 10, 2022
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On Thursday, November 10, 2022, the Board of Directors of Cabot Corporation (NYSE:CBT) declared a quarterly dividend of $0.37 per share on all outstanding shares of the Corporations common stock.

Key Points: 
  • On Thursday, November 10, 2022, the Board of Directors of Cabot Corporation (NYSE:CBT) declared a quarterly dividend of $0.37 per share on all outstanding shares of the Corporations common stock.
  • The dividend is payable on December 9, 2022, to stockholders of record at the close of business on November 25, 2022.
  • Cabot Corporation (NYSE: CBT) is a global specialty chemicals and performance materials company headquartered in Boston, Massachusetts.
  • For more information on Cabot, please visit the companys website at cabotcorp.com .

Precision BioSciences Announces Change to its Board of Directors

Retrieved on: 
Thursday, November 10, 2022
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While we will miss having Ray on the Board, we look forward to continuing working with him as a SAB member.

Key Points: 
  • While we will miss having Ray on the Board, we look forward to continuing working with him as a SAB member.
  • This change provides the opportunity for us to continue refreshing our Board with new independent directors that bring additional diverse experience and relevant expertise to Precision.
  • Precision BioSciences, Inc. is a clinical stage biotechnology company dedicated to improving life (DTIL) with its novel and proprietary ARCUS genome editing platform.
  • Forward-looking statements are based on managements current expectations, beliefs and assumptions and on information currently available to Precision.

Assurant Board of Directors Approves Common Stock Dividend Increase of 3%

Retrieved on: 
Thursday, November 10, 2022
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Assurant, Inc. (NYSE: AIZ), a leading global business services company that supports, protects and connects major consumer purchases, announced today that its Board of Directors approved a quarterly dividend increase of $0.02 to $0.70 per share of common stock.

Key Points: 
  • Assurant, Inc. (NYSE: AIZ), a leading global business services company that supports, protects and connects major consumer purchases, announced today that its Board of Directors approved a quarterly dividend increase of $0.02 to $0.70 per share of common stock.
  • The dividend will be payable on December 19, 2022 to stockholders of record as of the close of business on November 28, 2022.
  • Future dividend declarations will be made at the discretion of the Assurant Board of Directors and will be dependent upon the companys earnings, financial condition, capital requirements, future prospects, regulatory restrictions and other considerations.
  • Assurant, Inc. (NYSE: AIZ) is a leading global business services company that supports, protects and connects major consumer purchases.