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Palomar Holdings Appoints Britt Morries As COO
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Palomar Holdings Inc (NASDAQ:PLMR) 14 Days Aroon down is 7.14, while 14 Days Aroon Up is 100.00, the stock looks bullish. The company has promoted Britt Morries as the COO effective September 1, 2020. Morries will replace Jon Christianson who became the Chief Underwriting Officer of the company on August 1, 2020. Also, Morries will continue in the role of Chief Technology Officer as the company looks for a replacement.
In the second quarter, the company reported a net income of $12 million or $0.48 per share compared to a net income of $6.7 million or $0.3 per share in Q2 2019. Adjusted net income was $13 million or $0.52 per share which is a 63% increase from a year ago.
Workiva Announces Q2 2020 Results
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Workiva Inc. (NYSE:WK) is also looking bullish and its 14 Days Aroon down is 7.14, while 14 Days Aroon Up is 100.00. The company has announced its Q2 2020 results in which support and subscription revenue was $70.7 million. Total revenue was up 14.1% YoY to $83.9 million in Q2 2020 compared to $73.5 million in Q2 2019. Net loss in Q2 was $19.8 million or $0.41 per share compared to $8.3 million or $0.18 per share in Q2 2019. At the end of the quarter cash and cash equivalents and investments wager $508.6 million.
The company has been ranked among the Best Workplaces for Millennials in 2020 by FORTUNE and Great Place to Work.
SLM To Commence Ex-dividend Trading On September 3
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Another bullish looking stock is SLM Corp. (NASDAQ:SLM) whose 14 Days Aroon down is 28.57, while 14 Days Aroon Up is 78.57. The company will commence trading ex-dividend on September 3, 2020, with a cash dividend of $0.03 per common share payable to shareholders on September 15, 2020. Those stockholders that had acquired SLM shares before the ex-dividend date will be eligible for the dividend payment. The will be the 7th quarter that the company is paying the same dividend and at the current share price of $7.68 its dividend yield is $1.56%.
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COMTEX_370625271/2700/2020-09-03T07:10:32
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