Market Newsdesk

SACRAMENTO, Calif., Nov. 18, 2020 (GLOBE NEWSWIRE) — Bank of Commerce Holdings (NASDAQ: BOCH) (the “Company”), a $1.740 billion asset bank holding company and parent company of Merchants Bank of Commerce (the “Bank”), today announced that its Board of Directors has adopted a share repurchase program. 

The share repurchase program authorizes the Company to purchase up to one million shares of its common stock over a period ending December 31, 2021 and is effective immediately. Purchases may be made in the open market, including in block trades, or through privately negotiated transactions, from time to time when management determines that market conditions and other factors warrant such purchases. There is no guarantee as to the exact number of shares to be purchased, and the share repurchase program may be modified, suspended, or terminated without prior notice.

“After careful evaluation, we have determined that a share repurchase program is the best method at this time to enhance shareholder value and effectively manage capital,” said Randall S. Eslick, President and Chief Executive Officer. “Our Board of Directors was motivated to approve this program by their confidence in the long-term core value of our Company.”

About Bank of Commerce Holdings

Bank of Commerce Holdings is a bank holding company headquartered in Sacramento, California and is the parent company for Merchants Bank of Commerce. The Bank is an FDIC-insured California banking corporation providing community banking and financial services in northern California’s wine country and the Sacramento Valley along the Interstate 5 corridor from Sacramento to Yreka. The Bank was incorporated as a California banking corporation on November 25, 1981 and opened for business on October 22, 1982. The Company’s common stock is listed on the NASDAQ Global Market and trades under the symbol “BOCH”.

Forward-Looking Statements

This news release includes statements by the Company regarding future expectations and developments that are not based on historical facts and are “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21B of the Securities Exchange Act of 1934, as amended. Future events are difficult to predict, and the expectations described above are necessarily subject to risks and uncertainty that may cause actual results to differ materially and adversely. Factors that may affect the Company’s prospects are described in the Company’s 2019 Annual Report on Form 10-K and other reports filed with the Securities and Exchange Commission. Although forward-looking statements help to provide complete information about the Company, readers should keep in mind that forward-looking statements are less reliable than historical information. The Company undertakes no obligation to update or revise forward-looking statements in this release to reflect events or changes in circumstances that occur after the date of this release.

Contact Information

Randall S. Eslick, President and Chief Executive Officer
Telephone Direct (916) 677-5800

James A. Sundquist, Executive Vice President and Chief Financial Officer 
Telephone Direct (916) 677-5825

Andrea M. Newburn, Vice President and Senior Administrative Officer / Corporate Secretary
Telephone Direct (530) 722-3959

SAN JOSE, Calif., Nov. 18, 2020 (GLOBE NEWSWIRE) — Align Technology, Inc. (NASDAQ: ALGN) today announced that the International Trade Commission (ITC) issued its notice of final determination in an investigation initiated by Align against 3Shape A/S, 3Shape TRIOS A/S, and 3Shape, Inc., modifying and reversing parts of the initial determination of the Administrative Law Judge (ALJ) which found 3Shape infringed two of Align’s patents and found a violation of Section 337 of the Tariff Act of 1930. The ALJ recommended an exclusion order and cease and desist order be entered against 3Shape’s unlawful importation.

The Commission found that there was no violation of Section 337.  The Commission found that 3Shape had infringed certain Align patent claims, but found those claims invalid.  The Commission further did not disturb the ALJ’s findings that two other Align patents were valid, but reversed the ALJ’s finding that 3Shape had indirectly infringed those patents.

“We respectfully disagree with the Commission’s reversal of the Administrative Law Judge’s determination and are evaluating our next steps in this matter, including possible reconsideration by the full Commission and/or an appeal to the Federal Circuit.  We remain steadfast in our commitment to protecting our patented inventions and are proud of our history of innovation, our over two billion dollars in investments in technology and the benefit that our innovations bring to patients and doctors,” said Julie Coletti, Align Technology senior vice president, chief legal and regulatory officer. “The ITC is a venue where domestic industry seeks exclusion orders prohibiting importation of infringing goods. We have also asserted more than 25 patents across 6 U.S. District Court cases, where we are seeking damages and injunctive relief for 3Shape’s infringement.”

Contact:
Dina Basin
Phone Number: 650-862-1657
Email: [email protected] 

EINDHOVEN, The Netherlands, Nov. 18, 2020 (GLOBE NEWSWIRE) — NXP Semiconductors N.V. (NASDAQ: NXPI) today announced that, as part of its Quarterly Dividend Program, its board of directors has approved the payment of an interim dividend for the fourth quarter of 2020 of $0.375 per ordinary share. The interim dividend will be paid in cash on January 5, 2021 to shareholders of record as of December 15, 2020.

Taxation – Cash Dividends

Cash dividends will be subject to the deduction of Dutch dividend withholding tax at the rate of 15 percent, which may be reduced in certain circumstances. Non-Dutch resident shareholders, depending on their circumstances, may be entitled to a full or partial refund of Dutch dividend withholding tax. If you are uncertain as to the tax treatment of any dividends, consult your tax advisor.

About NXP Semiconductors


NXP Semiconductors N.V. (NASDAQ: NXPI) enables secure connections for a smarter world, advancing solutions that make lives easier, better, and safer. As the world leader in secure connectivity solutions for embedded applications, NXP is driving innovation in the automotive, industrial & IoT, mobile, and communication infrastructure markets. Built on more than 60 years of combined experience and expertise, the company has approximately 29,000 employees in more than 30 countries and posted revenue of $8.88 billion in 2019. Find out more at www.nxp.com.

Forward-looking Statements


This document includes forward-looking statements which include statements regarding NXP’s interim dividend for the fourth quarter of 2020. By their nature, forward-looking statements are subject to numerous factors, risks and uncertainties that could cause actual outcomes and results to be materially different from those projected. These factors, risks and uncertainties include the following: the duration and spread of the COVID-19 outbreak, its severity, the actions to contain the virus or treat its impact, and how quickly and to what extent normal economic and operating conditions can resume; market demand and semiconductor industry conditions; the ability to successfully introduce new technologies and products; the end-market demand for the goods into which NXP’s products are incorporated; trade disputes between the U.S. and China, potential increase of barriers to international trade and resulting disruptions to our established supply chains; the ability to generate sufficient cash, raise sufficient capital or refinance corporate debt at or before maturity; the ability to meet the combination of corporate debt service, research and development and capital investment requirements; the ability to accurately estimate demand and match manufacturing production capacity accordingly or obtain supplies from third-party producers; the access to production capacity from third-party outsourcing partners; any events that might affect third-party business partners or NXP’s relationship with them, including the outbreak of COVID-19 or the requirements to suspend activities with customers or suppliers because of changing import and export regulations; the ability to secure adequate and timely supply of equipment and materials from suppliers; the ability to avoid operational problems and product defects and, if such issues were to arise, to correct them quickly; the ability to form strategic partnerships and joint ventures and to successfully cooperate with alliance partners; the ability to win competitive bid selection processes to develop products for use in customers’ equipment and products; the ability to achieve targeted efficiencies and cost savings; the ability to successfully hire and retain key management and senior product architects; and, the ability to maintain good relationships with our suppliers. In addition, this document contains information concerning the semiconductor industry and NXP’s business generally, which is forward-looking in nature and is based on a variety of assumptions regarding the ways in which the semiconductor industry, NXP’s markets and product areas may develop. NXP has based these assumptions on information currently available, if any one or more of these assumptions turn out to be incorrect, actual results may differ from those predicted. While NXP does not know what impact any such differences may have on its business, if there are such differences, its future results of operations and its financial condition could be materially adversely affected. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak to results only as of the date the statements were made. Except for any ongoing obligation to disclose material information as required by the United States federal securities laws, NXP does not have any intention or obligation to publicly update or revise any forward-looking statements after we distribute this document, whether to reflect any future events or circumstances or otherwise. For a discussion of potential risks and uncertainties, please refer to the risk factors listed in our SEC filings. Copies of our SEC filings are available on our Investor Relations website, www.nxp.com/investor or from the SEC website, www.sec.gov

For further information, please contact:

Investors: Jeff Palmer [email protected] +1 408 518 5411		Media: Jacey Zuniga [email protected] +1 512 895 7398

NXP-Corp

NEW YORK, Nov. 18, 2020 (GLOBE NEWSWIRE) — Rosen Law Firm, a global investor rights law firm, reminds persons or entities who acquired interests in Cardone Equity Fund V, LLC and Cardone Equity Fund VI, LLC (the “Funds”) pursuant to their public offerings (the “Class”) of the important November 20, 2020 lead plaintiff deadline in securities class action.

To join the Cardone class action, go to http://www.rosenlegal.com/cases-register-1951.html or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] or [email protected] for information on the class action.

According to the lawsuit, defendants made materially false and misleading statements and omissions of material fact regarding, among other things, investors’ expected rates of return on their investment. The lawsuit seeks, among other things, an award of rescission or rescissory damages and prejudgment interest under the federal securities laws.

A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than November 20, 2020. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. If you wish to join the litigation, go to http://www.rosenlegal.com/cases-register-1951.html or to discuss your rights or interests regarding this class action, please contact Phillip Kim, Esq. of Rosen Law Firm toll free at 866-767-3653 or via e-mail at [email protected] or [email protected].

NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU MAY RETAIN COUNSEL OF YOUR CHOICE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT. AN INVESTOR’S ABILITY TO SHARE IN ANY POTENTIAL FUTURE RECOVERY IS NOT DEPENDENT UPON SERVING AS LEAD PLAINTIFF.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 3 each year since 2013. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm’s attorneys are ranked and recognized by numerous independent and respected sources. Rosen Law Firm has secured hundreds of millions of dollars for investors. Attorney Advertising. Prior results do not guarantee a similar outcome.

——————————-

Contact Information:

        Laurence Rosen, Esq.
        Phillip Kim, Esq.
        The Rosen Law Firm, P.A.
        275 Madison Avenue, 40th Floor
        New York, NY 10016
        Tel: (212) 686-1060
        Toll Free: (866) 767-3653
        Fax: (212) 202-3827
        [email protected]
        [email protected]
        [email protected]
        www.rosenlegal.com

Cincinnati, Ohio, Nov. 18, 2020 (GLOBE NEWSWIRE) — Osborne Mint, the nation’s oldest private mint with over 185 years of minting expertise, presents four collectible holiday rounds of .999 pure silver, exquisitely designed and made in America.  2020 marks the first year the mint has conspired on a holiday collection to honor the variety of cultures and religions that make America an amazing country. With the assistance of Osborne Mint, holiday shopping couldn’t be easier this year whether it’s for Christmas, Kwanzaa or Hanukkah.

 

“We are presenting a distinctive way to celebrate the holidays with a gift that commemorates and values the true meaning of the season,” stated Jeff Stegman, CEO of Osborne Mint. “These collectibles will be treasured for generations.”

 

These four solid silver rounds individually measure 39mm in diameter (1.54” – approximately silver dollar size) and share a thickness of 0.12”.  Every holiday round consists of one troy ounce of .999 Fine Silver and is minted in America by Osborne Mint to the highest of quality, integrity and authenticity.  Carefully polished to a high gloss, mirror-like finish, these rounds shine like the North Star.

 

• Kwanzaa – Kwanzaa is a seven-day celebration of African-American culture.  This holiday event, initiated in 1966 by Dr. Karenga, is meant to bring African Americans together as one community.  Seven candles are placed on the kinara, three red candles to the left, three green to the right and one black candle in the center.  Each year the black candle is lit first as a sign of unity.  Then each of the six remaining candles are lit one per day, while alternating sides of the candelabra.  Each candle represents one of the seven principles of African culture and community.  The three red candles are self-determination, cooperative economics and creativity.  The three green are collective work and responsibility, purpose and faith.   During the holiday, gifts called zawadi are given to the children from the parents to enrich and educate, and this silver round would be a perfect zawadi. 

• Merry Christmas – Christians celebrate Christmas as the birth of Jesus, and the holiday has come to include a variety of other traditions including Santa Claus and Christmas trees. This year, celebrate December 25th by focusing on the ornamental impact of the holiday.  Decorating for the season has become so meaningful and joyful.  This collectible round features a series of ornaments primed to decorate the trees, the halls and the home.  The engraved adornments that grace this round are replications of the glass ornaments from the past, when each ornament featured a unique design and each held a special memory.  Each individually patterned ornament hangs whimsically from the words Merry Christmas around the top of the coin. 

• Hanukkah – This Jewish festival commemorates the rededication of the Second Temple in Jerusalem during the second century.  Hanukkah is observed for eight days and nights in late November to late December.  According to Jewish tradition, God made a bowl of olive oil that should have only been capable of staying lit for one day, last for eight days, deeming this celebration as the Festival of Lights.  This collectible round features the nine branches of the candelabrum known collectively as the menorah centered by the Star of David.

• Wreath – Designed to demonstrate the bounty of the holiday, this collectible silver round features a highly detailed and decorative wreath.  This is a true symbol of the Christmas holiday.  The wreath is dressed with balsam, holly clusters, ornaments, and a giant poinsettia right at the bottom center.  The silver round lends itself perfectly to host the circular nature of the wreath and partnered with the words Merry Christmas truly emulates the season.

 

These four holiday rounds share a common backside that features an image with the wings of an eagle, a patriotic shield and the American flag in full regalia.  A ribbon traverses the round with the letters USA, definitively stating that these rounds are made in America.  In addition, this side of the round has the O/M mark of quality, the statement .999 Fine Silver and the true weight of the round, One Troy Ounce.

 

The strike on these solid silver keepsakes is exquisite in its depth and detail.  The skill and craftsmanship exhibited in the rounds demonstrates the artistry and precision that only Osborne Mint can produce.  Holiday art belongs on a round.  Each of these rounds is made in the USA and held to the highest of standards for purity, weight and production.  

 

Each round is encapsulated in a protective container for preservation and presentation. 

 

All four rounds can be purchased on Osborne Mint’s Shop the Mint e-commerce site – www.shop-the-mint.com.  Order yours soon so you will have it in time for the holidays!

 

###

 

About Osborne Mint: www.OsborneMint.com / #OsborneMint

Established in 1835, Osborne Mint is America’s oldest continuously operating private mint. Osborne Mint is part of the Osborne Coinage family, which includes Osborne Coin, TokensDirect and Van Brook of Lexington. The mint, a 60,000 square foot facility in Cincinnati, Ohio, houses the development, engraving and manufacturing of numismatic quality collectible rounds and coins. Products made by Osborne are manufactured to strict standards for metal purity, weight and dimensions. Osborne Mint strikes thousands of collectible rounds annually and circulates them to the public through certified distributors. Now one can purchase these collectibles direct from Osborne Mint through their e-commerce portal (Shop-The-Mint.com). Featured collections include: The Galaxies and Nebulae, The Fight for Freedom’s Sake and The American Legacy Collection. Gold plate, fine silver and copper collections from Osborne Mint are truly pieces of art and are 100% “Made in America.”

Stay in the know, follow our hashtag: #OsborneMint

For more information on Osborne Mint visit our website at www.OsborneMint.com.

 

 

Attachments

• Holiday coins w common reverse small
• Christmas wreath silver

Gibson Olpp
Osborne Mint
513-681-5424
[email protected]

SAN FRANCISCO, Nov. 18, 2020 (GLOBE NEWSWIRE) — Jusoor, one of the world’s foremost NGOs providing education opportunities to Syrian children and youth, will be hosting its 7th Annual Gala virtually “Live from Beirut” on Sunday 22 November at 12pm noon EST to benefit Syrian youth in Lebanon and around the globe.

The virtual Gala will be hosted by TV personality Ricardo Karam, and will feature a fireside chat with actor Olivia Munn and Syrian Olympian Yusra Mardini on the resilience of Syrian youth during the current crisis. Child prodigy singer Emanne Beasha (America’s Got Talent) will be capping off the event with a musical performance.

“The strength shown by Syrian children in the face of years of conflict and now the pandemic is so inspiring. It is such an honor to meet Yusra and learn more about the life changing work of Jusoor,” said Olivia Munn.

Funds raised through the Gala will benefit Jusoor’s global programs providing education and entrepreneurship opportunities for Syrian children and youth. Generous sponsorship for the event is provided by Raseef22 and The Capital Partnership.

Join the event live on Sunday 22 November at 12pm EST at gala.jusoorsyria.com and learn more about Jusoor’s global work at www.jusoorsyria.com | twitter: @JusoorSY | facebook: @jusoor.syria | instagram: jusoorsyria

About Jusoor

Jusoor (meaning ‘bridges’ in Arabic) is an international non-governmental organization with the mission of “Investing in Syria’s Youth for a Better Tomorrow”.

A leading global actor in educational and entrepreneurial programs for Syrian children and youth, to date, Jusoor has enabled more than 650 Syrian students to complete their university education and enrolled 7,000 children in its education centers in Lebanon. It has also supported more than 500+ entrepreneurs start and grow their businesses.

Jusoor’s online learning program in Lebanon has been recognized by UNHCR and UNESCO as one of the most promising 2020 education tech innovations for refugee learners. Jusoor’s work has been further recognized with the Takreem Humanitarian and Civic Services Award in 2017 and the prestigious Institute of International Education (IIE) Centenary Medal in 2019.

Media Contact

:

Ariane Cartwright
Head of Communications, Jusoor
[email protected]
+1 819 220 0079
www.jusoorsyria.com

ELMIRA, N.Y., Nov. 18, 2020 (GLOBE NEWSWIRE) — The Board of Directors of Elmira Savings Bank (NASDAQ:ESBK) has declared a $0.15 per share cash dividend on their existing common shares outstanding. The cash dividend will be paid on December 11, 2020 to shareholders of record December 4, 2020.

Elmira Savings Bank, with $667.0 million in total assets, is insured by the Federal Deposit Insurance Corporation (FDIC) and is a state-chartered bank with five offices in Chemung County, NY; three offices in Tompkins County, NY; two offices in Steuben County, NY; one office in Cayuga County, NY; one office in Schuyler County; and a loan center in Broome County, NY.

Except for the historical information contained herein, the matters discussed in this news release are forward-looking statements that involve the risks and uncertainties, including the timely availability and acceptance of Bank products, the impact of competitive products and pricing, the management of growth, and other risks detailed from time to time in the Bank’s publicly available regulatory reports.

For further information contact:
Thomas M. Carr, President & CEO
Elmira Savings Bank
333 East Water Street
Elmira, New York 14901
(607) 735-8660
E-Mail [email protected]