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Day: October 1, 2020

Silk Road Medical Names Rick Anderson to Board of Directors

SUNNYVALE, Calif., Oct. 01, 2020 (GLOBE NEWSWIRE) — Silk Road Medical, Inc. (Nasdaq: SILK), a company focused on reducing the risk of stroke and its devastating impact, today announced that medical device industry veteran Rick Anderson has joined its board of directors.Anderson brings over 30 years of senior executive leadership experience in the medical device industry. He is the Chairman and Managing Director of Revival Healthcare Capital, a sustainable, high impact investment firm that specializes in medical devices and diagnostics. He currently serves on the boards of Apollo Endosurgery (Nasdaq: APEN) and Cardiologs, a leading cardiovascular artificial intelligence company; on the Executive Advisory Board of LEK Consulting, a leading healthcare consulting firm; and as an Independent Director of ConvaTec Group Plc, a FTSE 250...

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UFP Industries acquires Fire Retardant Chemical Technologies, bolstering its R&D efforts

GRAND RAPIDS, Mich., Oct. 01, 2020 (GLOBE NEWSWIRE) — UFP Industries (Nasdaq: UFPI) today announced that its UFP Retail Solutions business segment acquired the equity of Fire Retardant Chemical Technologies, LLC (FRCT). Founded in 2014 and based in Matthews, North Carolina, FRCT’s business includes a research and development laboratory specializing in developing and testing a wide range of high-performance chemicals, including fire retardants and water repellants. The company had approximately $6.4 million in sales in 2019. Dr. Futong Cui, FRCT’s founder, president and chief technology officer, will continue to lead the company.“We have been very impressed by UFP Industries’ commitment to innovating and harnessing technology to improve the quality and performance of their products,” said Dr. Cui. “As part of UFP, FRCT will gain...

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IDC Worldsource Insurance Network Inc. Acquires Copoloff Insurance Agencies (Canada) Ltd.

TORONTO, Oct. 01, 2020 (GLOBE NEWSWIRE) — Guardian Capital Group Limited (Guardian) (TSX:GCG) (TSX:GCG.A) announced today that its subsidiary, IDC Worldsource Insurance Network Inc. (IDC WIN), has acquired Copoloff Insurance Agencies (Canada) Ltd., Shelly K. Copoloff Insurance Agencies Inc. and Rate Watchers Life Insurance Brokers Ltd. (collectively, Copoloff), a managing general agency (MGA) with its head office based in Montreal, Quebec. Founded in 1964, Copoloff supports advisors across Canada, offering access to a comprehensive range of insurance products and business development resources. The transaction will add approximately $2 million in renewal commission revenue and $400 million in assets under administration to IDC WIN.“This transaction follows IDC WIN’s acquisition of Aurrea Signature Inc. in late 2019, and represents...

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Le réseau d’assurance IDC Worldsource Inc. acquiert Agences d’assurance Copoloff (Canada) ltée

TORONTO, 01 oct. 2020 (GLOBE NEWSWIRE) — Guardian Capital Group Limited (Guardian) (TSX:GCG) (TSX:GCG.A) a annoncé aujourd’hui l’acquisition par sa filiale, le Réseau d’assurance IDC Worldsource Inc. (IDC WIN), d’Agences d’assurance Copoloff (Canada) ltée, de Shelly K. Copoloff Insurance Agencies Inc. et de Courtiers d’assurance vie Rate Watchers ltée (collectivement, « Copoloff »), un agent général (AG) dont le siège social est situé à Montréal, au Québec. Fondée en 1964, Copoloff soutient les conseillers dans tout le Canada en leur offrant l’accès à une gamme complète de produits d’assurance et de ressources de développement d’affaires. Cette transaction procurera à IDC WIN un revenu de commissions de renouvellement d’environ 2 millions de dollars et un actif sous administration d’environ 400 millions de dollars.« Cette transaction...

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Nedjustering af forventninger

Efter resultatet af aftenens kamp mod HNK Rijeka har F.C. København ikke længere mulighed for at deltage i gruppespillet i UEFA Europa League i 2020.I forlængelse heraf ændres forventningerne for PARKEN Sport & Entertainment A/S for 2020 fra en omsætning i niveauet 550 til 650 mio. kr. og et resultat før skat på -200 til -150 mio.kr. til en omsætning i niveauet 485 til 585 mio. kr. og et resultat før skat på -250 til -200 mio.kr.Resultatforventningerne er fortsat behæftet med stor usikkerhed.Vedhæftet fil14-2020 Resultatændring

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SMART Global Holdings Reports Fourth Quarter and Full Year Fiscal 2020 Financial Results

NEWARK, Calif., Oct. 01, 2020 (GLOBE NEWSWIRE) — SMART Global Holdings, Inc. (“SMART” or the “Company”) (NASDAQ: SGH), today reported financial results for the fourth quarter and full year fiscal 2020 ended August 28, 2020.Fourth Quarter Fiscal 2020 Highlights:Net sales of $297.0 million, 6.7% higher than the year ago quarter.GAAP net income of $7.5 million, or $0.30 per share, 33.8% and 28.3% higher than the year ago quarter, respectively.Non-GAAP net income of $20.4 million or $0.82 per share, 72.2% and 65.2% higher than the year ago quarter, respectively.Adjusted EBITDA of $33.0 million, 30.6% higher than the year ago quarterFiscal 2020 Highlights:Net sales of $1.1 billion, versus $1.2 billion for the prior fiscal year.GAAP net loss of $1.1 million, or $0.05 per share.Non-GAAP net income of $63.7 million, or $2.59 per share.Adjusted...

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Bank OZK Announces Increased Regular Quarterly Dividend

LITTLE ROCK, Ark., Oct. 01, 2020 (GLOBE NEWSWIRE) — Bank OZK (Nasdaq: OZK) announced its Board of Directors has approved a regular quarterly cash dividend of $0.275 per common share payable October 19, 2020 to shareholders of record as of October 12, 2020. The dividend of $0.275 per common share represents an increase of $0.0025 per common share, or 0.92%, over the dividend paid in the previous quarter. Bank OZK has increased its quarterly cash dividend in each of the last forty-one quarters.GENERAL INFORMATIONBank OZK (Nasdaq: OZK) is a regional bank providing innovative financial solutions delivered by expert bankers with a relentless pursuit of excellence. Bank OZK was named Best Bank in the South for 2019-2020 by Money, the personal finance news and advice brand. Established in 1903, Bank OZK conducts banking operations through...

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Enthusiast Gaming Launches “Rising Stars”, a Reality Competition to Find the Next Gaming Superstar to Join Luminosity Gaming

TORONTO, Oct. 01, 2020 (GLOBE NEWSWIRE) — Enthusiast Gaming Holdings, Inc. (“Enthusiast Gaming” or the “Company”) (TSX: EGLX)(OTCQB: ENGMF)(FSE: 2AV) is excited to announce that once again, it will be hosting its Rising Stars reality competition, to discover the next gaming superstar. The grand prize winner will receive a US$100,000 sponsorship with Luminosity Gaming and will be added to its roster which includes top gaming influencers such as Anomaly, Muselk, Fresh, RockyNoHands, and most recently, xQc.Luminosity Gaming, owned by Enthusiast Gaming, is one of the leading esports organizations in North America with some of the top esports influencers and creators and a collective social following of over 70 million fans. In this Rising Stars series, gamers will have the chance to compete against each other with the hopes of becoming...

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NAXS has made an investment commitment to Nordic Capital Fund X

Not for release, publication or distribution, directly or indirectly, in or into the United States, Hong Kong, Canada, Japan or Australia, or any other jurisdiction in which the distribution or release would be unlawful.NAXS has made an investment commitment to Nordic Capital Fund X (the “Fund”), the tenth fund raised by Nordic Capital.At EUR 6.1 billion, the Fund is the largest that Nordic Capital has raised since its inception in 1989. The Fund, launched in April 2020, was oversubscribed at its hard cap, and was raised in less than 6 months.The Fund is set to continue Nordic Capital’s successful strategy of focusing on majority investments in non-cyclical growth companies in the Healthcare, Technology & Payments and Financial Services sectors.NAXS is an investor in Nordic Capital Fund VII and Nordic Capital CV1.More information...

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NAXS har gjort ett investeringsåtagande till Nordic Capital Fund X

NAXS har gjort ett åtagande till Nordic Capital Fund X (“Fonden”), den tionde fonden som rests av Nordic Capital.Med en storlek om 6,1 Mdr SEK är fonden den största som Nordic Capital etablerat sedan verksamheten grundades 1989. Fondresningen inleddes under april 2020, tog mindre än 6 månader och när fonden nådde sin maximala storlek (”hard cap”) var den kraftigt övertecknad.Fonden kommer att investera enligt Nordic Capitals strategi att göra majoritetsinvesteringar i icke-cykliska tillväxtföretag inom sektorerna Healthcare, Technology & Payments och Financial Services.NAXS är sedan tidigare investerare i Nordic Capital Fund VII och Nordic Capital CV1.Ytterligare information kommer vara tillgänglig i NAXS Q3 rapport som publiceras den 20 oktober.KontaktinformationLennart Svantesson, verkställande direktörTelefon: +46 73 311 00 11Informationen...

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