Ademi LLP Investigates Claims of Securities Fraud of Triterras, Inc.

PR Newswire

MILWAUKEE, Dec. 17, 2020 /PRNewswire/ — Ademi LLP is investigating possible securities fraud claims against Triterras (NASDAQ: TRIT) resulting from inaccurate statements Triterras made regarding its financial statements and prospects.

Click here to learn more about the investigation: http://ademilaw.com/case/triterras-inc or call Guri Ademi toll-free at 866-264-3995. There is no cost or obligation to you.

The investigation focuses on whether Triterras properly disclosed the extent and characteristics of its relationship with Rhodium Resources Pte. Ltd and the extent to which Triterras was vulnerable to potential conflicts and adverse business consequences from Srinivas Koneru’s control of both Triterras and Rhodium.  Srinivas Koneru is Triterras’ founder, Executive Chairman and Chief Executive Office. According to its December 17, 2020 filing with the SEC, “Rhodium was instrumental to the initial launch of the Company’s Kratos platform and the platform’s attractiveness to the commodities trading and trade financings communities” and “substantially all of the users of the Kratos platform during the year ended February 29, 2020 were referred to the platform by Rhodium and its subsidiaries who accounted for 26.5% of the Company’s revenues.”

On December 17, 2020, Rhodium informed Triterras that Rhodium was seeking a moratorium order to shield Rhodium from creditor actions while Rhodium prepared a restructuring of its debts and continue its business as a going concern.

If you wish to obtain additional information or have information about this investigation of Splunk, please contact Guri Ademi either at [email protected] or toll-free: 866-264-3995, http://ademilaw.com/case/triterras-inc.

We specialize in securities fraud and shareholder litigation.  For more information, please feel free to call us.  Attorney advertising. Prior results do not guarantee similar outcomes.

Contact:
Ademi LLP
Guri Ademi
3620 East Layton Ave.
Cudahy, WI 53110
Toll Free: (866) 264-3995
Fax: (414) 482-8001
www.ademilaw.com 

Cision View original content:http://www.prnewswire.com/news-releases/ademi-llp-investigates-claims-of-securities-fraud-of-triterras-inc-301195603.html

SOURCE Ademi LLP

Alexander & Baldwin Fourth Quarter 2020 Dividend Authorized

PR Newswire

HONOLULU, Dec. 17, 2020 /PRNewswire/ — The Board of Directors of Alexander & Baldwin, Inc. (NYSE:ALEX) approved a fourth quarter 2020 dividend of $0.15 (fifteen cents) per share. The dividend is payable on January 12, 2021 to shareholders of record as of the close of business on December 28, 2020.

Chris Benjamin, A&B president & chief executive officer stated: “We are pleased to reinstate our quarterly dividend starting in the fourth quarter 2020. This decision reflects our Board’s confidence in our high-quality portfolio, including improving collections and occupancy, as well as the health of the economy in Hawai’i and prospects for continued improvement in 2021.”  

About Alexander & Baldwin, Inc.
Alexander & Baldwin, Inc. (A&B) is one of Hawai’i’s premier commercial real estate companies and the largest owner of grocery-anchored, neighborhood shopping centers in the state. A&B owns, operates and manages approximately 3.9 million square feet of commercial space in Hawai’i, including 22 retail centers, ten industrial assets and four office properties, as well as 154 acres of ground leases. These core assets comprise nearly 72% of A&B’s total assets. A&B’s non-core assets include renewable energy generation facilities, nearly 27,000 acres of agricultural and conservation land and a vertically integrated paving business. A&B is achieving its strategic objective of becoming a Hawai’i-focused commercial real estate company by expanding and strengthening its Hawai’i CRE portfolio and monetizing non-core assets. Over its 150-year history, A&B has evolved with the state’s economy and played a leadership role in the development of the agricultural, transportation, tourism, construction, residential and commercial real estate industries. Learn more about A&B at www.alexanderbaldwin.com.

Contact:
A&B Investor Relations
(808) 525-8475
[email protected]

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/alexander–baldwin-fourth-quarter-2020-dividend-authorized-301195602.html

SOURCE Alexander & Baldwin

IIROC Trading Halt – VYGR

Canada NewsWire

VANCOUVER, BC, Dec. 17, 2020 /CNW/ – The following issues have been halted by IIROC:

Company: Voyager Digital Ltd.

CSE Symbol: VYGR

All Issues: No

Reason: Single-Stock Circuit Breaker

Halt Time (ET): 3:28:46 PM

IIROC can make a decision to impose a temporary suspension (halt) of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. IIROC is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada.

SOURCE Investment Industry Regulatory Organization of Canada (IIROC) – Halts/Resumptions

UDR Declares Quarterly Dividend

UDR Declares Quarterly Dividend

DENVER–(BUSINESS WIRE)–
UDR, Inc. (NYSE: UDR), a leading multifamily real estate investment trust, today announced that its Board of Directors declared a regular quarterly dividend on its common stock for the fourth quarter of 2020 in the amount of $0.36 per share, payable in cash, on February 1, 2021 to UDR common stock shareholders of record as of January 11, 2021. The February 1, 2021 dividend will be the 193rd consecutive quarterly dividend paid by the Company on its common stock.

UDR also announced that its Board of Directors declared a regular quarterly dividend on its Series E preferred stock for the fourth quarter of 2020 in the amount of $0.3898 per share. The preferred dividend is payable on February 1, 2021 to Series E preferred stock shareholders of record as of January 11, 2021.

About UDR, Inc.

UDR, Inc. (NYSE: UDR), an S&P 500 company, is a leading multifamily real estate investment trust with a demonstrated performance history of delivering superior and dependable returns by successfully managing, buying, selling, developing and redeveloping attractive real estate properties in targeted U.S. markets. As of September 30, 2020, UDR owned or had an ownership position in 51,649 apartment homes including 1,031 homes under development. For over 48 years, UDR has delivered long-term value to shareholders, the best standard of service to residents and the highest quality experience for associates.

UDR, Inc.

Trent Trujillo

[email protected]

720-283-6135

KEYWORDS: Colorado United States North America

INDUSTRY KEYWORDS: Other Construction & Property Residential Building & Real Estate Construction & Property REIT

MEDIA:

Logo
Logo

Hillphoenix Portfolio of Natural Refrigeration Solutions Will Enable Food Retailers to Meet Recent California Air Resource Board Regulations

PR Newswire

DOWNERS GROVE, Ill., Dec. 17, 2020 /PRNewswire/ — The California Air Resource Board (CARB) enacted regulations on December 14 that are expected to significantly impact the supermarket and industrial refrigeration industry. These regulatory requirements on artificial refrigerants known as hydrofluorocarbons or HFCs are the most stringent implemented in the United States to date. Hillphoenix’s portfolio of environmentally friendly products are designed to enable businesses to become compliant with these types of new regulations.

The new rules specifically affect commercial and industrial, stationary refrigeration units in California like the ones found in grocery stores and other food retail establishments. The regulations apply to new refrigeration equipment and retrofits and take effect at the beginning of January 2022.

“This landmark decision by CARB will have a lasting impact on the industry and likely have far-reaching influence on regulatory decisions across the United States and beyond, as requirements similar to California’s could potentially become the adopted standards,” stated Scott Martin, Director of Research, Industry Relations and Development, Dover Food Retail and Hillphoenix. “Hillphoenix, in keeping with the sustainability focus of our parent company Dover, is committed to developing products that help our customers meet their sustainability goals, run their operations more efficiently and satisfy evolving regulatory and environmental standards. With our leading portfolio of natural refrigeration solutions, Hillphoenix is well positioned to provide innovative and environmentally friendly products and an efficient path to compliance for our customers.”

Hillphoenix has invested in a broad portfolio of sustainable technologies and refrigeration solutions to satisfy the customer demand driven by evolving regulatory requirements, such as the new regulations in California. Investments include the acquisition of Advansor DE in Europe, a leader in carbon dioxide (CO2) technology research and development in sustainable refrigeration systems.  Natural refrigeration solutions like CO2 have a lower global warming potential (GWP) than traditional artificial refrigerants. Hillphoenix recently opened a new facility dedicated to this business line that will be a springboard for CO2 leadership in Europe and North America. To date, Advansor has over 7,000 installations of CO2 systems in Europe.

“Advansor is a world leader in natural refrigeration technologies, and our technology uses CO2 in refrigeration to lessen the product’s contribution to global warming,” stated Kristian Breitenbauch, Managing Director, Advansor. “We are continuously innovating to improve environmental outcomes for our customers.”

U.S. manufacturing at Hillphoenix is focused on providing a wide variety of CO2 systems with North American installations exceeding 1,000 as many major retailers have committed to making the technology switch.

“Hillphoenix is a pioneer in designing environmentally sustainable refrigeration products for the industry,” said Martin. “With improvements in alternative refrigerants and energy efficiency, Hillphoenix has helped remove over 2.5 billion pounds of harmful emissions from customer operations in the last two decades and delivered thousands of natural refrigeration solutions to food retailers. We remain committed to supporting the reduction of harmful emissions to help our customers succeed in the marketplace and reduce their environmental burden.”

About Hillphoenix:
Hillphoenix branded products and services deliver advanced design and manufacturing of commercial refrigerated display cases and specialty products along with commercial and industrial refrigeration systems and integrated power distribution systems. Training, design, energy and aftermarket services are available through the Hillphoenix Learning and Design Centers and The AMS Group. For more information visit www.hillphoenix.com, or call 800-283-1109.

About Dover Food Retail:
Dover Food Retail, part of Dover Corporation with headquarters in Conyers, Georgia, is the partner to customers seeking to create unique food experiences. Employing the capabilities of our industry-leading brands, Anthony and Hillphoenix, we are able to provide insight and a comprehensive portfolio of innovative solutions that enables our customers to sell more food, more profitably. Our ability to evolve with the ever-changing market demands is driven by our passion for understanding our customers’ business and providing them with the best quality products and services they need to succeed both today and in the future. Our focused, forward-thinking approach, combined with the strength of our brands, sets the stage for streamlined product development, a broader product portfolio, and cutting-edge technology resulting in redefining what is possible for customers in the food retail value chain.

About Dover:
Dover is a diversified global manufacturer and solutions provider with annual revenue of approximately $7 billion. We deliver innovative equipment and components, consumable supplies, aftermarket parts, software and digital solutions, and support services through five operating segments: Engineered Products, Fueling Solutions, Imaging & Identification, Pumps & Process Solutions and Refrigeration & Food Equipment. Dover combines global scale, operational agility, world-class engineering capability and customer intimacy to lead the markets we serve. Recognized for our entrepreneurial approach for over 60 years, our team of over 23,000 employees takes an ownership mindset, collaborating with customers to redefine what’s possible. Headquartered in Downers Grove, Illinois, Dover trades on the New York Stock Exchange under “DOV.” Additional information is available at dovercorporation.com.  

Investor Contact:
Andrey Galiuk
Vice President – Corporate Development and Investor Relations
(630) 743-5131
[email protected]

Media Contact:

Adrian Sakowicz

Vice President – Communications
(630) 743-5039
[email protected] 

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/hillphoenix-portfolio-of-natural-refrigeration-solutions-will-enable-food-retailers-to-meet-recent-california-air-resource-board-regulations-301195547.html

SOURCE Dover

Cousins Properties Announces Fourth Quarter 2020 Common Stock Dividend

PR Newswire

ATLANTA, Dec. 17, 2020 /PRNewswire/ — Cousins Properties (NYSE: CUZ) announced today that its Board of Directors has declared a cash dividend of $0.30 per common share for the fourth quarter of 2020.  The fourth quarter dividend will be payable on January 14, 2021 to common shareholders of record on January 4, 2021. 

About Cousins Properties
Cousins Properties is a fully integrated, self-administered and self-managed real estate investment trust (REIT). The Company, based in Atlanta, GA and acting through its operating partnership, Cousins Properties LP, primarily invests in Class A office towers located in high growth Sun Belt markets. Founded in 1958, Cousins creates shareholder value through its extensive expertise in the development, acquisition, leasing, and management of high-quality real estate assets. The Company has a comprehensive strategy in place based on a simple platform, trophy assets, and opportunistic investments. For more information, please visit www.cousins.com.

This press release does not constitute an offer of any securities for sale. Certain matters discussed in this press release are forward-looking statements within the meaning of the federal securities laws and are subject to uncertainties and risk and actual results may differ materially from projections. Readers should carefully review Cousins’ financial statements and notes thereto, as well as the risk factors described in Part I, Item 1A of the Company’s Annual Report on Form 10-K for the year ended December 31, 2019, and other documents Cousins files from time to time with the Securities and Exchange Commission. Such forward-looking statements are based on current expectations and speak as of the date of such statements. Cousins undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of future events, new information or otherwise.

CONTACT:                                                                                       

Gregg Adzema

Chief Financial Officer, Cousins Properties
404-407-1116 
[email protected] 

Cision View original content:http://www.prnewswire.com/news-releases/cousins-properties-announces-fourth-quarter-2020-common-stock-dividend-301195377.html

SOURCE Cousins Properties

EOG Resources Declares Quarterly Dividend on Common Stock

PR Newswire

HOUSTON, Dec. 17, 2020 /PRNewswire/ — The Board of Directors of EOG Resources, Inc. (EOG) has declared a dividend of $0.375 per share on EOG’s Common Stock, payable January 29, 2021, to stockholders of record as of January 15, 2021. The indicated annual rate is $1.50.

About EOG
EOG Resources, Inc. (NYSE: EOG) is one of the largest crude oil and natural gas exploration and production companies in the United States with proved reserves in the United States, Trinidad and China. To learn more visit www.eogresources.com.

Investor Contacts

David Streit  713-571-4902
Neel Panchal  713-571-4884

Media and Investor Contact

Kimberly Ehmer  713-571-4676

 

Cision View original content:http://www.prnewswire.com/news-releases/eog-resources-declares-quarterly-dividend-on-common-stock-301195524.html

SOURCE EOG Resources, Inc.

Royce Global Value Trust, Inc. Stockholders Approve New Investment Advisory Agreement at Special Meeting

PR Newswire

NEW YORK, Dec. 17, 2020 /PRNewswire/ — Royce Global Value Trust, Inc. (NYSE: RGT) (the “Fund”) announced that the Fund’s stockholders voted to approve a new investment advisory agreement with the Fund’s investment adviser, Royce Investment Partners (“Royce”)1, at today’s Special Meeting of Stockholders of the Fund.

Such new investment advisory agreement became effective upon its approval.2 There will be no increase in the contractual investment advisory fee rate for the Fund as a result of the implementation of the new agreement. In addition, implementation of the new agreement will not result in any changes to the Fund’s portfolio management personnel, investment objective, principal investment strategy, or investment restrictions.

About Royce Global Value Trust, Inc.

Royce Global Value Trust, Inc. is a closed-end diversified management investment company whose shares are listed and traded on the New York Stock Exchange. The Fund invests in both U.S. and non-U.S. common stocks (generally market caps up to $10 billion).

For further information on The Royce Funds℠, please visit our web site at: www.royceinvest.com.

Forward Looking Statement

This press release is not an offer to purchase nor a solicitation of an offer to sell shares of the Fund. This letter may contain statements regarding plans and expectations for the future that constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact are forward-looking and can sometimes be identified by the use of words such as “plan,” “expect,” “will,” “should,” “could,” “anticipate,” “intend,” “project,” “estimate,” “guidance,” “possible,” “continue” and other similar terms and phrases, although not all forward-looking statements include these words. Such forward-looking statements are based on the current plans and expectations of the Fund, and are subject to risks and uncertainties that could cause actual results, performance and events to differ materially from those described in the forward-looking statements. Additionally, past performance is no guarantee of future results. Additional information concerning such risks and uncertainties are or will be contained in the Fund’s filings with the SEC, including the Fund’s Annual Report to Stockholders on Form N-CSR for the year ended December 31, 2019, the Fund’s Semiannual Report to Stockholders on Form N-CSRS for the six-month period ended June 30, 2020, and subsequent filings with the SEC. These factors should be considered carefully and readers are cautioned not to place undue reliance on such forward-looking statements. The Fund does not undertake any responsibility to update publicly or revise any forward-looking statement.

Media Contact

Joele Frank, Wilkinson Brimmer Katcher: Lucas Pers 212-355-4449

Important Disclosure Information

1 Royce & Associates, LP is a Delaware limited partnership that primarily conducts its business under the name Royce Investment Partners and has served as the Fund’s investment adviser since the Fund’s inception.

2 The Fund’s previous investment advisory agreement terminated in accordance with its terms as required by applicable law upon completion of Franklin Resources, Inc.’s acquisition of Legg Mason Inc., Royce’s former indirect parent company, after the close of business on July 31, 2020.  The Fund had been operating under an interim investment advisory agreement with Royce since that time.  Such interim agreement terminated upon stockholder approval of the new investment advisory agreement as described herein.

Cision View original content:http://www.prnewswire.com/news-releases/royce-global-value-trust-inc-stockholders-approve-new-investment-advisory-agreement-at-special-meeting-301195565.html

SOURCE Royce Global Value Trust, Inc.

Equity Residential Declares Fourth Quarter Dividends

Equity Residential Declares Fourth Quarter Dividends

CHICAGO–(BUSINESS WIRE)–
Equity Residential (NYSE: EQR) today announced that its Board of Trustees declared quarterly dividends on the Company’s common and preferred shares. A regular common share dividend for the fourth quarter of $0.6025 per share will be paid on January 15, 2021 to shareholders of record on January 4, 2021.

A quarterly dividend of $1.03625 per share will be paid on December 31, 2020 to shareholders of record on December 21, 2020 of the Company’s Series K Preferred Shares.

About Equity Residential

Equity Residential is committed to creating communities where people thrive. The Company, a member of the S&P 500, is focused on the acquisition, development and management of residential properties located in and around dynamic cities that attract high quality long-term renters. Equity Residential owns or has investments in 305 properties consisting of 78,568 apartment units, located in Boston, New York, Washington, D.C., Seattle, San Francisco, Southern California and Denver. For more information on Equity Residential, please visit our website at www.equityapartments.com.

Marty McKenna (312) 928-1901

 

KEYWORDS: Illinois United States North America

INDUSTRY KEYWORDS: Construction & Property Residential Building & Real Estate

MEDIA:

Logo
Logo

The Hartford Announces $1.5 Billion Share Repurchase Authorization

The Hartford Announces $1.5 Billion Share Repurchase Authorization

HARTFORD, Conn.–(BUSINESS WIRE)–The Hartford’s (NYSE: HIG) Board of Directors authorized a $1.5 billion share repurchase program, effective from Jan. 1, 2021, through Dec. 31, 2022. The company expects to commence this program after it reports fourth quarter earnings.

The authorization permits purchases of common stock as well as any other securities convertible into or exchangeable for the company’s common stock. Repurchases may be made in the open market through derivative, accelerated repurchase and other privately negotiated transactions, and through plans designed to comply with Rule 10b5-1(c) under the Securities Exchange Act of 1934, as amended. The timing of any future repurchases will be dependent upon several factors, including the market price of the company’s securities, the company’s capital position, consideration of the effect of any repurchases on the company’s financial strength or credit ratings, and other considerations. The repurchase program may be modified, extended or terminated by the Board of Directors at any time.

About The Hartford

The Hartford is a leader in property and casualty insurance, group benefits and mutual funds. With more than 200 years of expertise, The Hartford is widely recognized for its service excellence, sustainability practices, trust and integrity. More information on the company and its financial performance is available at https://www.thehartford.com. Follow us on Twitter at @TheHartford_PR.

The Hartford Financial Services Group, Inc., (NYSE: HIG) operates through its subsidiaries under the brand name, The Hartford, and is headquartered in Hartford, Connecticut. For additional details, please read The Hartford’s legal notice.

HIG-F

Some of the statements in this release may be considered forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. We caution investors that these forward-looking statements are not guarantees of future performance, and actual results may differ materially. Investors should consider the important risks and uncertainties that may cause actual results to differ. These important risks and uncertainties include those discussed in our 2019 Annual Report on Form 10-K, subsequent Quarterly Reports on Forms 10-Q, and the other filings we make with the Securities and Exchange Commission. We assume no obligation to update this release, which speaks as of the date issued.

From time to time, The Hartford may use its website and/or social media outlets, such as Twitter and Facebook, to disseminate material company information. Financial and other important information regarding The Hartford is routinely accessible through and posted on our website at https://ir.thehartford.com, Twitter account at www.twitter.com/TheHartford_PR and Facebook at https://facebook.com/thehartford. In addition, you may automatically receive email alerts and other information about The Hartford when you enroll your email address by visiting the “Email Alerts” section at https://ir.thehartford.com.

Media Contacts:

Michelle Loxton

860-547-7413

[email protected]

Matthew Sturdevant

860-547-8664

[email protected]

Investor Contact:

Susan Spivak Bernstein

860-547-6233

[email protected]

KEYWORDS: United States North America Connecticut

INDUSTRY KEYWORDS: Professional Services Insurance Finance

MEDIA:

Logo
Logo