Day: January 25, 2021

Vertex Acquires Edge Computing Company Tellutax to Extend its Global Leadership in Tax Technology

Written by Customer Service on January 25, 2021. Posted in Public Companies.

KING OF PRUSSIA, Pa., Jan. 25, 2021 (GLOBE NEWSWIRE) — Vertex, Inc. (NASDAQ:VERX) (“Vertex” or the “Company”), a leading provider of tax technology and services, announced that it has acquired Tellutax, a Portland-based edge computing technology startup. Financial terms of the transaction were not disclosed.Tellutax designs edge-based technology utilizing a container architecture, which enables customers to deliver tax solutions seamlessly at the point of need with increased scalability and simplified management.“We believe Tellutax edge technology will extend our leadership in the enterprise market and accelerate our ecosystem expansion into next generation payment and IoT platforms,” said Vertex president and CEO David DeStefano. “This acquisition furthers our technology roadmap and hybrid cloud strategy, enabling us to serve...

Relevium Reports Interim First Quarter Results for the Three-Month Period Ended September 30, 2020

Written by Customer Service on January 25, 2021. Posted in Public Companies.

MONTREAL, Jan. 25, 2021 (GLOBE NEWSWIRE) — Relevium Technologies Inc. (TSX.V:“RLV”, OTCQB:“RLLVF” and Frankfurt: “6BX”) (the “Company” or “Relevium”), is pleased to report the completion of the interim financial statements and MD&A for the three-month period ended September 30, 2020.The Company’s overall performance for the three-month period ended September 30, 2020 was influenced primarily by the continued impact of the Covid-19 global pandemic on the Company’s operations. During the first quarter of fiscal year ending June 30, 2021, the company reported sales of $333,116 (compared to $1,017,686 in 2019), a decrease of $684,570 driven primarily by marketplace restrictions for inbound inventory imposed by the Amazon marketplace, supply chain shortages and subsequent liquidity issues affecting overall operations.Gross margins...

Spirit Airlines and Mastercard Present Brett Young’s ‘Live from the Runway’ Virtual Concert Celebrating New Free Spirit® Loyalty Program

Written by Customer Service on January 25, 2021. Posted in Public Companies.

MIRAMAR, Fla., Jan. 25, 2021 (GLOBE NEWSWIRE) — Multi-platinum performer Brett Young will “Catch” an unforgettable flight to Florida as Spirit Airlines (NYSE: SAVE) and Mastercard announced plans today to celebrate the launch of the all-new Free Spirit® loyalty program and Free Spirit Mastercard with Brett Young: Live from the Runway. Young’s performance will be the first-ever concert streamed worldwide from the runway of Fort Lauderdale-Hollywood International Airport—with planes speeding past as fast as the new Free Spirit, which is the fastest way to earn rewards and status.*What: Brett Young: Live from the RunwayDate: Thursday, Feb. 4, 2021

Green Brick Partners Announces Pricing of Secondary Offering of Shares of Common Stock by Selling Stockholders

Written by Customer Service on January 25, 2021. Posted in Public Companies.

PLANO, Texas, Jan. 25, 2021 (GLOBE NEWSWIRE) — Green Brick Partners, Inc. (Nasdaq: GRBK), a leading national homebuilder and land development company, today announced the pricing of a secondary offering of 6,000,000 shares of its common stock by certain affiliates of Greenlight Capital, Inc. (the “Selling Stockholders”) for total gross proceeds (before estimated expenses) of approximately $125.7 million. The Selling Stockholders have also granted the underwriters a 30-day option to purchase up to an additional 900,000 shares of Green Brick common stock. Green Brick will not receive any of the proceeds from the sale of the shares by the Selling Stockholders. The offering is expected to close on January 27, 2021, subject to customary closing conditions.The underwriters for the offering intend to offer the shares for sale from time...

PSB Reports 4th Quarter Earnings of $3.3 Million, or $0.73 Per Share; Strong Mortgage Refinancing Gains Continue; Net Interest Margin Expands; Loan Growth Returns

Written by Customer Service on January 25, 2021. Posted in Earnings Releases And Operating Results.

WAUSAU, Wis., Jan. 25, 2021 (GLOBE NEWSWIRE) — PSB Holdings, Inc. (“PSB”) (OTCQX: PSBQ), the holding company for Peoples State Bank serving Northcentral and Southeastern Wisconsin, reported fourth quarter earnings ending December 31, 2020 of $0.73 per share on net income of $3.3 million, compared to earnings of $0.59 per share on net income of $2.6 million during the September 30, 2020 quarter, and $0.63 per share on net income of $2.8 million during the fourth quarter a year ago. Fourth quarter earnings benefitted from continued high mortgage refinance income, an improved net interest margin due to SBA Paycheck Protection Program fee accretion and lower loan loss provisions relative to prior quarters.“Our earnings were robust for the fourth quarter despite challenges confronting us related to the pandemic. The low interest rate environment...

Capital Product Partners L.P. Schedules Fourth Quarter 2020 Earnings Release, Conference Call and Webcast

Written by Customer Service on January 25, 2021. Posted in Public Companies.

ATHENS, Greece, Jan. 25, 2021 (GLOBE NEWSWIRE) — Capital Product Partners L.P. (NASDAQ: CPLP) today announced that before the NASDAQ market opens on January 29, 2021, CPLP will release financial results for the fourth quarter ended December 31, 2020.On the same day, Friday, January 29, 2021, CPLP will host an interactive conference call at 9:00 am Eastern Time to discuss the financial results.Conference Call Details:Participants should dial into the call 10 minutes before the scheduled time using the following numbers: 1 (877) 553-9962 (US Toll Free Dial In), 0(808) 238-0669 (UK Toll Free Dial In) or +44 (0) 2071 928592 (Standard International Dial In). Please quote “Capital Product Partners.”A telephonic replay of the conference call will be available until Friday, February 5, 2021, by dialing 1(866) 331-1332 (US Toll...

Stantec named fifth most sustainable company in the world, first in Canada, by Corporate Knights

Written by Customer Service on January 25, 2021. Posted in Public Companies.

EDMONTON, Alberta and NEW YORK, Jan. 25, 2021 (GLOBE NEWSWIRE) — TSX, NYSE: STNStantec was named the fifth most sustainable company in the world and first in Canada by Corporate Knights, which released its 2021 Global 100 Most Sustainable Corporations rankings today. Companies in the Global 100 represent the top one percent of companies in the world on sustainability performance. To determine the ranking, Corporate Knights analyzed 8,080 companies using up to 24 quantitative key performance indicators, weighted to reflect each industry group’s impact profile. The full 2021 methodology can be found here.This distinction comes less than a month after CDP (formerly the Carbon Disclosure Project) awarded Stantec its technical classification of A- for the third year in a row, making Stantec the only engineering and design firm in the...

Sage report finds businesses response to COVID-19 a catalyst for driving increased HR value

Written by Customer Service on January 25, 2021. Posted in Public Companies.

ATLANTA, Jan. 25, 2021 (GLOBE NEWSWIRE) — Sage (FTSE: SGE), the market leader in cloud business management solutions, today released the first in a new series of reports sharing how recent events have impacted the role, expectations, and perceptions of HR and People leaders. The “HR in the moment: Changing expectations and perceptions of HR” report, which spoke to more than 1500 global HR leaders, business executives and employees, found that 87% of c-suite executives say the pandemic has accelerated changes in HR, with the function having greater influence. Further to that, 72% of HR leaders say the crisis has increased their value and wider understanding of their role across the business, while 59% feel they are now playing a more influential role in the company.Recent events have placed huge pressure on companies and business...

Winchester Holding Group OTCPK: WCHS to Acquire Revenue-Producing Company

Written by Customer Service on January 25, 2021. Posted in Mergers And Acquisitions.

HONG KONG, Jan. 25, 2021 (GLOBE NEWSWIRE) — Winchester Holding Group OTCPK WCHS (“the Group”) today announced to acquire profitable company named Trinity Automotive Industrial Limited (“the Trinity”) with USD$20Million in annual revenue.On 15th January 2021, the Company signed the contract to complete the merger and reorganization. According to the agreement, 100% shares of the Trinity shall be exchange for common stock of the Group. The acquisition will be immediately accretive to the Group generated approximately 7 million in revenues with earnings before interest, taxes, depreciation and amortization (EBITDA) in next fiscal year ending December 2021.About Acquired the TrinityThe Trinity is incorporated in Hong Kong since 2006 May 23rd. The Trinity is focused in high profile motor vehicles trading business in Hong Kong and Macau....

Bryn Mawr Trust Provides $250,000 PA Tax Credit Contribution for The Riverfront Alliance of Delaware County, Reaney Street Reconstruction Project

Written by Customer Service on January 25, 2021. Posted in Public Companies.

BRYN MAWR, Pa., Jan. 25, 2021 (GLOBE NEWSWIRE) — Bryn Mawr Bank Corporation (NASDAQ: BMTC) and wholly-owned subsidiary Bryn Mawr Trust (BMT) today announced a $250,000 state tax credit exchange donation awarded to Pennsylvania-based nonprofit Riverfront Alliance of Delaware County (RADC). It is BMT’s largest individual contribution to a nonprofit organization, and will support the planning and streetscape phases of a larger revitalization project in the Chester, Pennsylvania waterfront area.The development of the Reaney Street Reconstruction Project will support RADC’s goal to create a more accessible, safe, and attractive environment with ongoing community programming along the connector streets that link Chester’s residential neighborhoods to the Delaware County waterfront. Improvements will include the installation of ADA...

Day: January 25, 2021

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