Day: January 27, 2021

Malibu Boats Celebrates Five Million Safe Man Hours

Written by Customer Service on January 27, 2021. Posted in Public Companies.

LOUDON, Tenn., Jan. 27, 2021 (GLOBE NEWSWIRE) — Malibu Boats™, the global leader in towboat sales, has proudly achieved over five million safe man hours worked at its Loudon, TN facility. Five million man hours without a lost time injury means the production facility worked for more than 1,680 days or well over four years without incident, making this an extraordinarily rare and prestigious milestone. The achievement exemplifies Malibu’s dedication to the safety of its workforce as they build the world’s best towboats.“It is with great pride that we recognize our Malibu Team for this achievement. While we have a proactive approach to the health and safety, it is each and every Team member that made this happen,” said Jack Springer, Malibu Boats CEO. “In the time that we have achieved this distinguished milestone, Malibu has seen...

Savaria Announces Cash Offer to Acquire Swedish Listed Company Handicare Group AB for a Total Enterprise Value of CAD521 Million, to Create a Global Leader in Accessibility

Written by Customer Service on January 27, 2021. Posted in Public Companies.

/THIS ANNOUNCEMENT IS FOR INFORMATION ONLY AND IT IS NOT AN OFFER TO BUY OR SOLICITATION OF OFFERS TO BUY ANY SECURITIES. INFORMATION REGARDING THE OFFER TO THE SHAREHOLDERS OF HANDICARE GROUP AB AS ANNOUNCED IN A SEPARATE PRESS RELEASE IS AVAILABLE ONLY TO SHAREHOLDERS IN CERTAIN PERMITTED JURISDICTIONS. NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES/LAVAL, Québec, Jan. 27, 2021 (GLOBE NEWSWIRE) — Savaria Corporation (TSX:SIS) (“Savaria” or the “Company”), a global leader in the accessibility industry, is pleased to announce that it has made a recommended cash offer to acquire all the issued and outstanding shares of Handicare Group AB (STO:HANDI) (“Handicare”) for SEK50.00 per share (the “Offer”), representing a total consideration to Handicare shareholders of SEK2.9 billion (CAD452.3...

Ayr Strategies Moves to Definitive Merger Agreement with Blue Camo, LLC (Arizona)

Written by Customer Service on January 27, 2021. Posted in Mergers And Acquisitions.

TORONTO, Jan. 27, 2021 (GLOBE NEWSWIRE) — Ayr Strategies Inc. (CSE: AYR.A, OTCQX: AYRWF) (“Ayr” or the “Company”), a leading vertically integrated cannabis multi-state operator, has signed a Definitive Agreement to acquire the membership interests of Blue Camo, LLC, following the previously announced Letter of Intent.As announced on November 4, 2020, Ayr intends to purchase 100% of the membership interests of Blue Camo, LLC, a vertically integrated operation in Arizona. Key operations include three Oasis-branded dispensaries in the greater Phoenix area, a 10,000 ft2 triple-stacked cultivation and processing facility in Chandler and an 80,000 ft2 cultivation facility under development in Phoenix.“Arizona has been a terrific medical market, third in the U.S. in terms of patient penetration at over 3.8% and currently generating approximately...

Unitil Increases Common Stock Dividend

Written by Customer Service on January 27, 2021. Posted in Public Companies.

HAMPTON, N.H., Jan. 27, 2021 (GLOBE NEWSWIRE) — Unitil Corporation (NYSE:UTL) (www.unitil.com) today announced that its Board of Directors raised the quarterly dividend on the Company’s common stock to $0.38 per share, increasing the effective annualized dividend rate by $0.02 to $1.52 per share. Also today, the Board declared the first quarter common stock dividend of $0.38 per share, payable February 26, 2021, to shareholders of record on February 12, 2021.“Recognizing the importance of the dividend to our shareholders, I’m pleased that we’ve again increased our quarterly dividend rate,” said Thomas P. Meissner, Jr., Unitil’s chairman, president, and chief executive officer. “This continues our unbroken record of quarterly dividend payments since trading began in Unitil’s common stock, and reflects the confidence we have in...

Codorus Valley Bancorp, Inc. Reports Fourth Quarter and Full Year 2020 Earnings

Written by Customer Service on January 27, 2021. Posted in Earnings Releases And Operating Results.

YORK, Pa., Jan. 27, 2021 (GLOBE NEWSWIRE) — Codorus Valley Bancorp, Inc. (Codorus Valley, or the Corporation) (NASDAQ: CVLY), parent company of PeoplesBank, A Codorus Valley Company (PeoplesBank), collectively referred to as the Company, today announced net income of $4.8 million or $0.49 per share basic and $0.48 per share diluted, for the quarter ended December 31, 2020, as compared to net income of $4.5 million or $0.46 per share basic and diluted, for the quarter ended December 31, 2019. For the year ended December 31, 2020, net income was $8.4 million or $0.86 per share basic and diluted, compared to $18.6 million or $1.89 per share basic and $1.88 per share diluted, for the year ended December 31, 2019.“Earnings for the fourth quarter 2020 increased by 6.7% over the same period in 2019. Annual net income for 2020 was impacted...

AGTC Announces Proposed Public Offering of Common Stock and Warrants

Written by Customer Service on January 27, 2021. Posted in Public Companies.

GAINESVILLE, Fla., and CAMBRIDGE, Mass., Jan. 27, 2021 (GLOBE NEWSWIRE) — Applied Genetic Technologies Corporation (Nasdaq: AGTC), a biotechnology company conducting human clinical trials of adeno-associated virus (AAV)-based gene therapies for the treatment of rare diseases, today announced that it is offering to sell shares of its common stock and pre-funded warrants, together with accompanying warrants to purchase shares of its common stock in an underwritten public offering. All of the securities in the proposed offering are being sold by AGTC. The offering is subject to market conditions and there can be no assurance as to whether or when the offering may be completed or as to the actual size or terms of the offering.Stifel, Wells Fargo Securities and MTS Health Partners are acting as joint book-running managers of the offering.AGTC...

Horizon Bancorp, Inc. Announces Record Fourth Quarter 2020 Financial Results

Written by Customer Service on January 27, 2021. Posted in Public Companies.

MICHIGAN CITY, Ind., Jan. 27, 2021 (GLOBE NEWSWIRE) — (NASDAQ GS: HBNC) — Horizon Bancorp, Inc. (“Horizon” or the “Company”) announced its unaudited financial results for the three and twelve months ending December 31, 2020.“Horizon closed 2020 with record quarterly top– and bottom–line results, supported by continued strength in mortgage lending and other fee–generating businesses, the benefits of our work to deleverage and optimize returns on total earning assets, and favorable deferral trends and credit quality metrics,” Chairman and CEO Craig M. Dwight said. “Entering the new year with strong liquidity, capital, and reserves, we see clear opportunities to enhance the bank’s operating efficiency, deepen in–market retail and commercial customer relationships, and help to strengthen our resilient Indiana and Michigan communities...

PowerFleet Announces Proposed Underwritten Public Offering

Written by Customer Service on January 27, 2021. Posted in Public Companies.

WOODCLIFF LAKE, N.J., Jan. 27, 2021 (GLOBE NEWSWIRE) — PowerFleet, Inc. (Nasdaq: PWFL), a global leader and provider of subscription-based wireless IoT and M2M solutions for securing, controlling, tracking, and managing high-value enterprise assets such as material handling equipment, tractor trailers, containers, cargo, automobiles, and light and heavy-duty truck fleets, today announced that it intends to offer shares of its common stock in an underwritten public offering. PowerFleet expects to grant the underwriters a 30-day option to purchase up to an additional 15% of the shares of its common stock sold in the offering. The offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.PowerFleet intends...

California Water Service Group Board of Directors Declares 304th Consecutive Quarterly Dividend and 54th Consecutive Annual Dividend Increase

Written by Customer Service on January 27, 2021. Posted in Public Companies.

SAN JOSE, Calif., Jan. 27, 2021 (GLOBE NEWSWIRE) — At its meeting today, the California Water Service Group (NYSE: CWT) Board of Directors declared the company’s 304th consecutive quarterly dividend, increasing the annual dividend by $0.07, or 8.2%, from $0.85 to $0.92. This represents the company’s 54th consecutive annual dividend increase. The quarterly dividend of $0.23 per common share will be payable on February 19, 2021 to stockholders of record on February 8, 2021. California Water Service Group is the parent company of California Water Service, Washington Water Service, New Mexico Water Service, Hawaii Water Service, Inc., CWS Utility Services, and HWS Utility Services. Together, these companies provide regulated and non-regulated water service to approximately 2 million people in more than 100 California, Washington,...

Live Oak Bancshares, Inc. Reports Fourth Quarter 2020 Results

Written by Customer Service on January 27, 2021. Posted in Earnings Releases And Operating Results.

WILMINGTON, N.C., Jan. 27, 2021 (GLOBE NEWSWIRE) — Live Oak Bancshares, Inc. (Nasdaq: LOB) (“Live Oak” or “the Company”) today reported fourth quarter 2020 net earnings available to common shareholders of $29.6 million, or $0.68 per diluted share, as the Company continues to execute on our strategic priorities that we believe will deliver long-term earnings for our shareholders. Net earnings for the year ended December 31, 2020, totaled $59.5 million, or $1.43 per diluted share.“Our mission to be America’s small business bank has never been more important. The past year was incredibly challenging for our country’s entrepreneurs, and their drive and determination reinforce why we want to fundamentally shift the way banking is done,” said James S. Mahan, III, Chairman and Chief Executive Officer of Live Oak Bancshares. “As our efforts...

Day: January 27, 2021

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