Day: March 2, 2020

North American Construction Group Ltd. Announces Redemption of 5.50% Convertible Unsecured Subordinated Debentures

Written by Customer Service on March 2, 2020. Posted in Public Companies.

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE U.S.ACHESON, Alberta, March 02, 2020 (GLOBE NEWSWIRE) — North American Construction Group Ltd. (“NACG” or “the Company”) (TSX:NOA/NYSE:NOA) is pleased to announce that it has issued a notice of redemption to the holders of its 5.50% convertible unsecured subordinated debentures due March 31, 2024 (the “Debentures”), representing a redemption in full of all of the currently outstanding Debentures. The Debentures will be redeemed on April 6, 2020 (the “Redemption Date”), in accordance with their terms, upon payment of a redemption amount of $1,000.76 for each $1,000.00 principal amount of Debentures, being equal to the aggregate of: (i) $1,000.00 (the “Redemption Price”), and (ii) all accrued and unpaid interest thereon from the interest payment date of March 31,...

Martinrea International Inc. Completes Purchase of Structural Components for Passenger Cars Division of Metalsa S.A. de C.V.

Written by Customer Service on March 2, 2020. Posted in Public Companies.

TORONTO, March 02, 2020 (GLOBE NEWSWIRE) — Martinrea International Inc., a diversified and global automotive supplier engaged in the design, development and manufacturing of highly engineered, value-added Lightweight Structures and Propulsion Systems, today announced it has completed the acquisition of the Structural Components for Passenger Cars operations of Metalsa S.A. de C.V. The purchase price for the transaction, subject to certain adjustments post-closing, was USD $19.5 million in cash, inclusive of working capital and on a debt free basis. The transaction has received regulatory approval from all applicable merger authorities.The operations acquired by Martinrea specialize in a wide variety of metal forming technologies, including chassis components such as cradles, control arms, and trailing arms; body components such...

Heritage-Crystal Clean, Inc. Announces 2019 Fourth Quarter and Full Year Financial Results

Written by Customer Service on March 2, 2020. Posted in Earnings Releases And Operating Results.

Fourth Quarter Highlights:Total Company revenue for the fourth quarter of 2019 was a record $138.8 million, a 9.3% increase from the prior year quarterEnvironmental Services segment revenue was a record $96.9 million, a 12.8% increase compared to the prior year quarterOil Business Segment revenue for the fourth quarter of 2019 was a record $42.0 millionFull Year Highlights:Total Company revenue for fiscal 2019 was a record $444.4 million, an 8.3% increase over 2018Environmental Services segment 2019 revenue was a record $302.5 million, an increase of 11.6% compared to the prior yearEnvironmental Services segment profit before SG&A was a record $75.7 million, an increase of $6.3 million compared to the prior yearOil Business Segment 2019 revenue was a record $141.9 millionELGIN, Ill., March 02, 2020 (GLOBE NEWSWIRE) — Heritage-Crystal...

Eguana Announces 1st Quarter 2020 Financial Results and Provides Update

Written by Customer Service on March 2, 2020. Posted in Earnings Releases And Operating Results.

CALGARY, Alberta, March 02, 2020 (GLOBE NEWSWIRE) — Eguana Technologies Inc. (“Eguana” or the “Company”) (TSX-V: EGT, OTCQB: EGTYF) today announced results for its first fiscal quarter ended December 31, 2019.“The sales team has continued to significantly increase our dealer and distribution partnerships, which is quickly approaching 150, with a primary focus in California and Adelaide, South Australia. The continued outreach translated into recurring order growth and record revenue for the first quarter,” stated Justin Holland, Eguana Chief Executive Officer. “With the contract manufacturing transition complete for Enduro production, including both Europe and Australia, we will focus on moving back to standard lead times and improving gross margins over the next two quarters.”Fiscal Q1 2020 Financial HighlightsRevenue...

Huttig Building Products, Inc. Announces Fourth Quarter and Full Year 2019 Results

Written by Customer Service on March 2, 2020. Posted in Earnings Releases And Operating Results.

Fourth Quarter and Full Year 2019 Highlights:Net sales of $180.4 million and $812.0 million, respectivelyGross margin of 19.7% and 20.0%, respectivelyOperating loss of $8.0 million and $3.6 million, respectivelyCash provided by continuing operating activities of $6.6 million in fiscal 2019 compared to $26.4 million cash usage in fiscal 2018ST. LOUIS, March 02, 2020 (GLOBE NEWSWIRE) — Huttig Building Products, Inc. (“Huttig” or the “Company”) (NASDAQ: HBP), a leading domestic distributor of millwork, building materials and wood products, today reported financial results for the fourth quarter and year ended December 31, 2019.“Our sales were impacted in 2019 by lower levels of new residential construction in the first half of the year. Although new residential construction showed modest improvement in the second half of 2019, the...

SIGA Announces Collaboration with Turnstone Biologics

Written by Customer Service on March 2, 2020. Posted in Public Companies.

SIGA to supply TPOXX® To Support Turnstone’s SKV Vaccinia Oncolytic Viral Immunotherapy ProgramNEW YORK, March 02, 2020 (GLOBE NEWSWIRE) — SIGA Technologies, Inc. (SIGA) (NASDAQ: SIGA), a commercial-stage pharmaceutical company focused on the health security market, today announced that it entered into a collaboration with Turnstone Biologics to provide TPOXX® (tecovirimat) in connection with Turnstone’s proprietary SKV vaccinia oncolytic immunotherapy platform. The platform utilizes vaccinia viruses engineered for increased selectivity and safety, as well as high-potency immune stimulation, and allows delivery of multiple therapeutic agents directly to tumors. The collaboration will provide Turnstone with access to SIGA’s TPOXX oral antiviral capsules for use if required in future clinical programs.“TPOXX has potential as a new...

Targa Resources Partners LP Announces 2019 Schedules K-1 Available

Written by Customer Service on March 2, 2020. Posted in Public Companies.

HOUSTON, March 02, 2020 (GLOBE NEWSWIRE) — Targa Resources Partners LP (“Targa Resources Partners” or the “Partnership”) today announced it has completed the 2019 tax packages for the holders of Targa Resources Partners 9% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred (“Series A Preferred Units”), including Schedules K-1.The tax packages are available online by accessing the Partnership’s website at www.targaresources.com. The Partnership expects to complete the tax package mailing during the week of March 1, 2020. A link to K-1 Tax Support is located by first clicking on “Investors” and then clicking on “Tax Matters.” The tax packages can also be accessed directly by clicking https://www.partnerdatalink.com/targapreferreda.Changes to tax packages for Targa Resources Partners LP Series A Preferred...

Constellation Brands Completes Sale of Ballast Point

Written by Customer Service on March 2, 2020. Posted in Public Companies.

VICTOR, N.Y., March 02, 2020 (GLOBE NEWSWIRE) — Constellation Brands, Inc. (NYSE: STZ and STZ.B), a leading beverage alcohol company, today announced that it has completed the sale of Ballast Point to Kings & Convicts Brewing Co. The transaction includes the Ballast Point brand and a number of its associated production facilities and brewpubs, excluding Constellation’s operations facility in Daleville, Virginia.The sale of Ballast Point aligns with Constellation’s consumer-led premiumization strategy, which focuses on winning in growing sectors of the high-end of the U.S. beer market with strong brands that drive high growth and high margin performance. This strategy has helped fuel the company’s performance as one of the strongest growth drivers in the U.S. beer market.ABOUT CONSTELLATION BRANDSAt Constellation Brands (NYSE:...

TFI International Acquires RRD’s Courier Services Business

Written by Customer Service on March 2, 2020. Posted in Public Companies.

MONTREAL, March 02, 2020 (GLOBE NEWSWIRE) — TFI International Inc. (NYSE and TSX: TFII), a North American leader in the transportation and logistics industry, today announced that it has acquired the Courier Services business from R.R. Donnelley & Sons Company (RRD) (NYSE: RRD), a leading global provider of multichannel solutions for marketing and business communications. The acquired business includes a nationwide network of close to 30 company locations and over 400 vendor sites, serving the pharmaceutical, healthcare, retail, financial, and transportation industries, primarily in the Midwest and Southeast U.S. The Courier Services business will become part of TFI International’s Logistics segment as part of the team led by Scott Leveridge, President, TForce Logistics U.S.“We are excited to welcome RRD’s Courier Services...

TFI International acquiert les opérations de services de messagerie de RRD

Written by Customer Service on March 2, 2020. Posted in Public Companies.

MONTRÉAL, 02 mars 2020 (GLOBE NEWSWIRE) — TFI International Inc. (NYSE et TSX: TFII), un chef de file nord-américain du secteur du transport et de la logistique, a annoncé aujourd’hui qu’elle a acquis les opérations de services de messagerie de R.R. Donnelley & Sons Company (RRD) (NYSE: RRD), un important fournisseur mondial de solutions multicanales pour le marketing et les communications d’affaires. L’entreprise acquise comprend un réseau national de près de 30 établissements et de plus de 400 sites de fournisseurs, qui desservent les secteurs des produits pharmaceutiques, des soins de santé, de la vente au détail, des finances et des transports, principalement dans le Midwest et le Sud-Est des États-Unis. Les opérations de services de messagerie feront partie du secteur de la logistique de TFI International et seront intégrées...

Day: March 2, 2020

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