Day: January 27, 2021
RIDGEFIELD, Conn., Jan. 27, 2021 (GLOBE NEWSWIRE) — The Chefs’ Warehouse, Inc. (NASDAQ: CHEF) today announced that the Company intends to release its financial results for the fourth quarter and fiscal year ended December 25, 2020 before the opening of the stock market on Wednesday, February 10, 2021 and host a conference call at 8:30 a.m. ET on Wednesday, February 10, 2021 to review those results.The conference call will be webcast live from the Company’s investor relations website at http://investors.chefswarehouse.com/. An online archive of the webcast will be available on the Company’s investor relations website for 30 days.About The Chefs’ WarehouseThe Chefs’ Warehouse, Inc. (http://www.chefswarehouse.com) is a premier distributor of specialty food products in the United States and Canada focused on serving the specific...
C-Bond Ballistic-Resistant System in Initial Trial with Leading Provider of Custom Structures for a Top Mass Retailer
Written by Customer Service on . Posted in Public Companies.
HOUSTON, Jan. 27, 2021 (GLOBE NEWSWIRE) — C-Bond Systems (the “Company” or “C-Bond”) (OTC: CBNT), a nanotechnology solutions company, today announced that its C-Bond BRS (ballistic-resistant system) is in an initial trial with a leading provider of custom structures, which are supplied to a top mass retailer. C-Bond sold the glass, treated with C-Bond BRS, to the provider of kiosks, security booths, and other prefabricated structures, who will provide it to the retail customer in an effort to protect employees and customers from gun violence or forced entry.C-Bond BRS is a ballistic-resistant film system that consists of the patented C-Bond glass strengthening technology and security film. The C-Bond technology chemically bonds to the defects randomly distributed on the glass surface thereby increasing impact resistance and preventing...
VVC Exploration – Acquires Remaining Interest in Plateau Helium Corporation
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TORONTO, Jan. 27, 2021 (GLOBE NEWSWIRE) — VVC Exploration Corporation (“VVC” or the “Company“) (TSX-V:VVC) announces that the Company, following completion of its due diligence, has closed the transaction to buy the remaining 90% interest (the “Majority Interest“) in Plateau Helium Corporation (“PHC“) from the shareholders of PHC for twenty-one million shares of VVC (the “VVC Shares“), subject to a voluntary escrow and a number of conditions. PHC is now a wholly-owned subsidiary of the Company.On November 9, 2020, the Company announced its intention to acquire all of the issued and outstanding shares of PHC. The acquisition process was initiated on December 21, 2020 when the Company acquired the first 10% of the Company. It then completed its full due diligence and has...
Apollo Commercial Real Estate Finance, Inc. Announces 2020 Dividend Income Tax Treatment
Written by Customer Service on . Posted in Dividend Reports And Estimates.
NEW YORK, Jan. 27, 2021 (GLOBE NEWSWIRE) — Apollo Commercial Real Estate Finance, Inc. (the “Company” or “ARI”) (NYSE:ARI) today announced the estimated federal income tax treatment of the Company’s 2020 distributions on its common stock (CUSIP #03762U105) and on its 8.00% Fixed-to-Floating Series B Cumulative Redeemable Perpetual Preferred Stock.The federal income tax classification of the 2020 distributions on the Company’s common stock as it is expected to be reported on Form 1099-DIV is set forth in the following table:(1) Pursuant to Section 857(b)(9) of the Internal Revenue Code of 1986, as amended, cash distributions made on January 15, 2021 to stockholders of record as of December 31, 2020, are treated, to the extent of the Company’s 2020 tax earnings and profits, as received by stockholders on December 31, 2020. Since the...
ButcherJoseph Advises C&K Market Inc. on Sale to Employees
Written by Customer Service on . Posted in Mergers And Acquisitions.
Saint Louis, MO, Jan. 27, 2021 (GLOBE NEWSWIRE) — ButcherJoseph & Co. (“ButcherJoseph”) served as exclusive financial advisor to C&K Market Inc. (“C&K Market” or the “Company”) on its sale to the C&K Employee Stock Ownership Plan (“ESOP”). C&K Market is an independent regional grocery retailer with a proud 64-year history serving local communities in Southern and Central Oregon and Northern California. The Company operates three retail banner brands: Ray’s Food Place, Shop Smart and C&K Market. The transaction closed December 2020. Karl Wissmann, C&K Market’s President & CEO, shared, “We are proud to be a 100% employee-owned company where everyone will share the experience of owning a business and allow our service to the community to thrive for generations to come.” ButcherJoseph Managing...
Odyssey Marine Exploration’s First Memorial in NAFTA Case Published
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TAMPA, Fla., Jan. 27, 2021 (GLOBE NEWSWIRE) — Odyssey Marine Exploration, Inc. (NASDAQ:OMEX), a deep-ocean exploration pioneer engaged in the discovery, development and extraction of deep-ocean minerals, has been notified that the First Memorial filed by Odyssey in September 2020 in its pending North American Free Trade Agreement (NAFTA) case against Mexico has now been published by the International Centre for Settlement of Investment Disputes (ICSID) and is available on its website at icsidfiles.worldbank.org/icsid/ICSIDBLOBS/OnlineAwards/C8573/DS15772_En.pdf. The Memorial is also available on Odyssey’s website at www.odysseymarine.com/nafta. The $2.3 billion claim against Mexico under NAFTA relates to the unlawful denial of the environmental permit for subsidiary Exploraciones Oceanicas’ (ExO’s) offshore phosphate project. The...
Regency Centers Issues TCFD Climate Change Risk Report and is Recognized for Corporate Responsibility Leadership
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JACKSONVILLE, Fla., Jan. 27, 2021 (GLOBE NEWSWIRE) — Today, Regency Centers Corporation (“Regency” or the “Company”) (NASDAQ: REG) announced the release of its first standalone Climate Change Risk Report. The report illustrates Regency’s continued commitment to corporate responsibility and transparency. A copy of the full report can be found on Regency’s Corporate Responsibility site, at Regencycenters.com.Regency’s climate change risk analysis is aligned to the recommendations of the Taskforce on Climate-related Financial Disclosures (TCFD). The Company intends to update its analysis as circumstances and new information warrant, and we expect that reporting using the TCFD framework will be part of Regency’s ongoing Corporate Responsibility program.“Our commitment to corporate responsibility continues to deepen,” said Lisa Palmer,...
Independent Research Firm Finds 390% ROI with Billtrust B2B Accounts Receivable Automation and Integrated Payments
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LAWRENCEVILLE, N.J., Jan. 27, 2021 (GLOBE NEWSWIRE) — Billtrust (NASDAQ: BTRS), a B2B accounts receivable automation and integrated payments leader, has released a new commissioned Total Economic Impact™ (TEI) study conducted by Forrester Consulting on behalf of Billtrust, quantifying the benefits of Billtrust’s accounts receivable (AR) automation with integrated B2B payments. The Forrester study found that the studied organization realized an ROI of 390% over three years and over $1.1 million in cost savings resulting in a payback period of less than six months. In addition, other significant benefits were realized such as improved customer experience and employee morale, a reduction in write-downs and increased digitization and disaster readiness. The study is available for download here.“Our solutions are mission critical and...
Norwood Financial Corp Announces Earnings for the Fourth Quarter and Year
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HONESDALE, Pa., Jan. 27, 2021 (GLOBE NEWSWIRE) — Lewis J. Critelli, President and Chief Executive Officer of Norwood Financial Corp (Nasdaq Global Market – NWFL) and its subsidiary Wayne Bank, announced earnings for the three months ended December 31, 2020 of $5,513,000 compared to $3,596,000 earned in the corresponding period of 2019. The increase in earnings reflects the benefits derived from the Company’s acquisition of UpState New York Bancorp, Inc. (“UpState”), which closed on July 7, 2020. For the year ended December 31, 2020 net income totaled $15,080,000, an increase of $865,000 from the $14,215,000 earned in the prior year. The increase reflects the benefits derived from the acquisition of UpState, which offset a $4,200,000 increase in the provision for loan losses and $2,049,000 of merger related expenses. Earnings per...
SmileDirectClub Partners With Leading Dental Insurer Green Shield Canada
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NASHVILLE, Tenn., Jan. 27, 2021 (GLOBE NEWSWIRE) — SmileDirectClub, Inc. (Nasdaq: SDC), the next generation oral care company with the first medtech platform for teeth straightening, has partnered with Green Shield Canada, one of Canada’s largest dental insurance providers, to deliver in-network coverage of SmileDirectClub’s convenient, affordable, remote orthodontic care to millions of individuals insured under its dental plans.“Our partnership with Green Shield Canada marks a milestone for teledentistry in Canada by providing millions of customers with in-network coverage of SmileDirectClub premium clear aligner therapy in Canada,” said David Katzman, Chief Executive Officer of SmileDirectClub. “We’re proud to announce Green Shield Canada as our first insurance partner in Canada, and are pleased to add it to our extensive...