Day: January 13, 2021

Nasdaq Issues Statement on Political Action Committee Donations

NEW YORK, Jan. 13, 2021 (GLOBE NEWSWIRE) — The Board of Nasdaq’s Political Action Committee announces changes to its PAC program following the violent attack at the U.S. Capitol on January 6. The PAC will pause political donations for the next several months as the 117th Congress begins its work for the American people. The PAC Board will also halt for the foreseeable future any contributions to elected officials who voted to object to the Electoral College certification.Nasdaq shares the public’s concern regarding the deadly events that took place within the U.S. Capitol building. We hope our policies reflect our optimism about the future of America, the opportunity to heal as a country, to champion inclusive growth and prosperity, and the chance to come together to solve our greatest challenges.About Nasdaq:Nasdaq (Nasdaq: NDAQ)...

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Shaw Announces AGM Vote Results

CALGARY, Alberta, Jan. 13, 2021 (GLOBE NEWSWIRE) — Shaw Communications Inc. (“Shaw” or, the “Corporation”) announced that, at its annual meeting of shareholders held earlier today, the resolutions proposed in Shaw’s management proxy circular were adopted.The detailed results from the annual shareholder meeting are as follows.About Shaw Communications Inc.Shaw Communications Inc. is a leading Canadian connectivity company. The Wireline division consists of Consumer and Business services. Consumer serves residential customers with broadband Internet, Shaw Go WiFi, video and digital phone. Business provides business customers with Internet, data, WiFi, digital phone, and video services. The Wireless division provides wireless voice and LTE data services through an expanding and improving mobile wireless network infrastructure.Shaw...

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Freshpet, Inc. Provides Business Update

SECAUCUS, N.J., Jan. 13, 2021 (GLOBE NEWSWIRE) — Freshpet, Inc. (“Freshpet” or the “Company”) (NASDAQ:FRPT) today announced preliminary fourth quarter net sales and updated adjusted EBITDA guidance in conjunction with the Company’s presentation at the ICR Conference. The presentation is available on the Company’s investor relations website.Preliminary fourth quarter 2020 net sales are expected to be $84.5 million, representing growth of 29% compared to the prior year period. The Company also updated its guidance for adjusted EBITDA, which is expected to approximate $12 million for the fourth quarter. For the full year 2020, the Company expects net sales of approximately $318.8 million and adjusted EBITDA of approximately $46 million.“We continued to experience strong demand in the fourth quarter, but supply constraints limited our...

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Parkland Corporation Announces January 2021 Dividend

CALGARY, Alberta, Jan. 13, 2021 (GLOBE NEWSWIRE) — Parkland Corporation (“Parkland”) (TSX:PKI) announces that a dividend of $0.1012 per share will be paid on February 15, 2021 to shareholders of record on January 22, 2021. The dividend will be an ‘eligible dividend’ for Canadian income tax purposes. The ex-dividend date is January 21, 2021.Enhanced Dividend Reinvestment PlanParkland’s enhanced Dividend Reinvestment Plan (“Enhanced DRIP”) allows shareholders to reinvest their cash dividends to purchase additional Parkland shares from treasury at a 5% per share discount to the average of the daily volume weighted average trading prices during the Pricing Period. For further details on the Enhanced DRIP and the Pricing Period, please visit www.parkland.ca/en/investors/dividends.Shareholders who wish to...

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INDUS Announces Dividend

NEW YORK, Jan. 13, 2021 (GLOBE NEWSWIRE) — INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS” or the “Company”) announced today that its Board of Directors has declared a dividend to distribute the Company’s accumulated earnings and profits (the “E&P Distribution”) based on the Company’s taxable income through December 31, 2020. The E&P Distribution will be $11,250,000 or $1.99 per share payable to holders of record as of January 22, 2021. Subject to the stockholder elections described below, the E&P Distribution will be a special dividend payable in a combination of cash and shares of the Company’s common stock (the “Common Stock”) with the total amount of cash payable to stockholders set at $3,397,824, equating to $0.60 per share. Stockholders of record will receive election materials to elect, subject to certain...

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Healthcare Realty Trust Announces Fourth Quarter Earnings Release Date and Conference Call

NASHVILLE, Tenn., Jan. 13, 2021 (GLOBE NEWSWIRE) — Healthcare Realty Trust Incorporated (NYSE:HR) today announced that on Wednesday evening, February 10, 2021, after the market closes, it expects to report results for the fourth quarter of 2020.On February 11, 2021, at 10:00 a.m. Central Time, Healthcare Realty Trust expects to hold a conference call to discuss earnings results, quarterly activities, general operations of the Company and industry trends. Simultaneously, a webcast of the conference call will be available to interested parties via an Internet link at www.healthcarerealty.com under the Investor Relations section. A webcast replay will be available following the call at the same Internet site address.Conference Call DetailsDomestic Dial-In Number: 1.877.507.5522International Dial-In Number: 1.412.317.6077Replay Conference...

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Bitfarms Announces Closing of Second CAD$20.0 Million Private Placement with U.S. Institutional Investors

TORONTO and BROSSARD, Québec, Jan. 13, 2021 (GLOBE NEWSWIRE) — Bitfarms Ltd. (“Bitfarms”, or the “Company”) (TSXV:BITF) (U.S.:OTC:BFARF), one of the largest and most productive publicly listed bitcoin mining operations in the world, is pleased to announce that it has closed its previously announced private placement of equity securities (the “Offering”). The Offering was for gross proceeds of approximately CAD$20 million and consisted of the sale of 5,586,593 common shares, along with warrants to purchase an aggregate of up to 5,586,593 common shares, at a purchase price of CAD$3.58 per common share and associated warrant. The warrants have an exercise price of USD$3.10 per common share and exercise period of three and one-half years (through July 15, 2024). The funds were raised via a fully subscribed private placement of units...

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Houston Wire & Cable Company to Sell Southwest Wire Rope Division, Use Proceeds to Reduce Revolver Debt

HOUSTON, Jan. 13, 2021 (GLOBE NEWSWIRE) — Houston Wire & Cable Company (Nasdaq: HWCC) today announced that it has entered into a definitive asset purchase agreement for the sale of its Southwest Wire Rope business, a leading provider of lifting slings and wire rope and rigging products, for a purchase price of $5 million, subject to a working capital adjustment. The sale excludes approximately $2.6 million of trade accounts receivable, which HWCC will retain. HWCC expects to use the net sales proceeds and accounts receivable collections to further reduce Revolver debt.   HWCC has already reduced Revolver debt to approximately $21.4 million as of January 13, 2021, from a peak of $95.2 million in the first quarter of 2020.James L. Pokluda III, HWCC President & CEO commented, “Southwest Wire Rope is a company that for over...

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Velan Inc. publie ses résultats financiers pour le troisième trimestre 2020/21

MONTRÉAL, 13 janv. 2021 (GLOBE NEWSWIRE) — Velan Inc. (TSX : VLN) (la « Société »), l’un des chefs de file mondiaux en fabrication de robinetterie industrielle, a annoncé aujourd’hui ses résultats financiers pour le troisième trimestre terminé le 30 novembre 2020.Faits saillants : Le carnet de commandes et la rentabilité s’améliorent tandis que les ventes sont diminuées par des facteurs liés à la pandémie et au passage à un nouveau modèle de fabrication en Amérique du nord.Carnet de commandes de 561,8 millions de dollars américains, le plus haut carnet de commandes depuis le 30 novembre 2012Solide ratio commandes / chiffre d’affaires de 2,34 pour le trimestreMaintien des mesures de protection rigides pour assurer la santé et la sécurité des employés pendant la pandémie du nouveau coronavirus (« COVID-19 »)Bilan solide mis en évidence...

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Velan Inc. Reports its Third Quarter 2020/21 Financial Results

MONTREAL, Jan. 13, 2021 (GLOBE NEWSWIRE) — Velan Inc. (TSX: VLN) (the “Company”), a world-leading manufacturer of industrial valves, announced today its financial results for its third quarter ended November 30, 2020.Highlights: Backlog and profitability improving while sales slowed by pandemic-related factors and the shift towards a new manufacturing model in North AmericaOrder backlog of US$ 561.8 million, highest since November 30, 2012Solid book-to bill ratio of 2.34 for the quarterMaintaining strong protective measures to ensure employees health and safety during the novel coronavirus (“COVID-19”) pandemicStrong balance sheet highlighted by a net cash balance US$ 73.0 million at the end of the quarterSales of US$71.6 million for the quarter, hindered by pandemic-related factors and inefficiencies experienced in reconfiguring...

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