Taitron Announces Quarterly Cash Dividend

Written by Customer Service on January 29, 2021. Posted in Public Companies.

LOS ANGELES, Jan. 29, 2021 (GLOBE NEWSWIRE) — Taitron Components Incorporated (NASDAQ:TAIT) today announced that its Board of Directors has declared a quarterly cash dividend of $0.04 per share of common stock, payable on February 26, 2021 to stockholders of record as of the close of business on February 12, 2021. Under our revised dividend policy, the Company will now target a cash dividend to our stockholders in the amount of $0.16 per share per annum, payable in equal $0.04 per share quarterly installments.Subsequent dividend declarations and the establishment of record and payment dates for such future dividend payments, if any, are subject to the Board of Directors’ continuing determination that the dividend policy is in the best interests of the Company’s stockholders. The dividend policy may be suspended or cancelled...

EHang announces US$40 million Investment from Carmignac

Written by Customer Service on January 29, 2021. Posted in Public Companies.

GUANGZHOU, China, Jan. 30, 2021 (GLOBE NEWSWIRE) — EHang Holdings Limited (Nasdaq: EH) (“EHang” or the “Company”), the world’s leading autonomous aerial vehicle (AAV) technology platform company, today announced that Carmignac, a leading European asset management firm, invested US$40 million on behalf of its funds in the Company through a private placement of newly issued Class A ordinary shares of the Company. The transaction was closed on January 29, 2021.EHang intends to use the proceeds to further strengthen the technology advancement and business development of EHang to reinforce its leading position in the global urban air mobility (UAM) industry.The issuance of the securities is made in reliance on, and in compliance with Regulation S under the Securities Act of 1933, as amended.About EHangEHang (Nasdaq: EH) is the...

Valorem Announces Acquisition of British Columbia Gold Project

Written by Customer Service on January 29, 2021. Posted in Public Companies.

VANCOUVER, British Columbia, Jan. 29, 2021 (GLOBE NEWSWIRE) — VALOREM RESOURCES INC. (the “Company” or “Valorem”) (CSE: VALU) (Frankfurt: 1XW1) is pleased to announce that the Company has entered into an acquisition agreement dated January 29, 2021 (the “Agreement”) to acquire the British Columbia project (the “BC Property”) located in the Cariboo District, British Columbia. The BC Property comprises multiple tenure blocks totaling more than 4,000 ha, which strategically target the Transitional or Basalt Siltstone of the Barkerville Terrain.Pursuant to the Agreement, the Company will acquire the BC Property by way of a three-cornered amalgamation, whereby the Company will acquire 100% of the issued and outstanding shares of 1267818 B.C. Ltd. and will assume all of its assets, namely the BC Property. As consideration for the BC Property,...

Rackspace Technology viertes Jahr in Folge als „Best Place to Work“ in puncto LGBTQ-Gleichstellung ausgezeichnet

Written by Customer Service on January 29, 2021. Posted in Public Companies.

SAN ANTONIO, Jan. 29, 2021 (GLOBE NEWSWIRE) — Rackspace Technology™ (NASDAQ: RXT), ein führendes Unternehmen für End-to-End-Multicloud-Technologielösungen, hat heute bekanntgeben, dass Rackspace Technology das vierte Jahr in Folge im Corporate Equality Index 2021 der Human Rights Campaign Foundation (HRC) eine Bewertung von 100 Prozentpunkten erhielt und damit als einer der „Best Places to Work for LGBTQ Equality“ ausgezeichnet wurde. HRC ist die landesweit wichtigste Benchmarking-Studie zur Bewertung von Unternehmensrichtlinien und -praktiken im Hinblick auf LGBTQ-Gleichstellung am Arbeitsplatz.Der Corporate Equality Index von HRC ist seit beinahe 20 Jahren das nationale Benchmarking-Tool für Unternehmensrichtlinien und -praktiken in Bezug auf LGBTQ-Mitarbeiter*innen. Die Bewertungskriterien tragen dazu bei, Best Practices für...

LIG Assets, Inc. is Back and Moving Forward on Many Fronts

Written by Customer Service on January 29, 2021. Posted in Public Companies.

NASHVILLE, TN, Jan. 29, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — LIG Assets, Inc. (OTC PINK: LIGA) (also known as the “Leader in Green Assets” or “LIGA”), is excited since our IRS and SEC wins, we at LIGA have been back to work lining up JV deals regarding land development and several other revenue enhancing projects. We look forward to making full announcements as we are able, GET READY!About LIGA Homes:LIGA Homes unique residential and commercial developments utilize specially designed and manufactured recycled “element resistant” steel framing, in addition to toxic free magnesium oxide building materials and panels that are 100% mold, fungus, termite and rot resistant and fire resistant against temperatures up to 3500 degrees Fahrenheit as well as famed environmentalist Robert Plarr’s...

Cortes Campers Launches New Website Featuring Carbon Fiber RV Travel Trailers and Campers

Written by Customer Service on January 29, 2021. Posted in Public Companies.

Cortes Campers manufactures RV travel trailers and campers from the highest quality marine materials plus our advanced technology in molded aluminized fiberglass construction. Cortes Campers CEO, Paul Spivak, has Patents Pending for the new revolutionary RV travel trailers and campers designs. cortescampers.comEUCLID, Ohio, Jan. 29, 2021 (GLOBE NEWSWIRE) — Cortes Campers, a division of the US Lighting Group, Inc. (OTC:USLG), launches its new RV Travel Trailers and Campers website showcasing the new 17-ft state-of-the-art travel trailers manufactured from its advanced technology in molded aluminized fiberglass construction patents pending. The company is using an innovative one-of-a-kind axle-less independent suspension from Timbren Axle for a higher ground clearance.“The US Lighting Group and Cortes Campers are thrilled to announce...

Penns Woods Bancorp, Inc. Reports Fourth Quarter 2020 Earnings

Written by Customer Service on January 29, 2021. Posted in Public Companies.

WILLIAMSPORT, Pa., Jan. 29, 2021 (GLOBE NEWSWIRE) — Penns Woods Bancorp, Inc. (NASDAQ: PWOD) –Penns Woods Bancorp, Inc. achieved net income of $15.2 million for the twelve months ended December 31, 2020, resulting in basic and diluted earnings per share of $2.16.HighlightsNet income, as reported under GAAP, for the three and twelve months ended December 31, 2020 was $3.9 million and $15.2 million, respectively compared to $2.8 million and $15.7 million for the same periods of 2019. Results for the three and twelve months ended December 31, 2020 compared to 2019 were impacted by a decrease in after-tax securities gains of $91,000 (from a gain of $386,000 to a gain of $295,000) for the three month period and an increase in securities gains of $679,000 (from a gain of $591,000 to a gain of $1,270,000) for the twelve month period....

Consumer Safety Advisory: ScottsMiracle-Gro Alerts Consumers of Potential Debris in Certain Soil Products; Launches Effort to Remove Existing Inventory for Michigan Retail Outlets

Written by Customer Service on January 29, 2021. Posted in Public Companies.

MARYSVILLE Ohio, Jan. 29, 2021 (GLOBE NEWSWIRE) — ScottsMiracle-Gro has initiated a consumer advisory for certain Miracle-Gro® Raised Bed Soil, Nature’s Care® Raised Bed Soil, and Miracle-Gro® Performance Organics® In-Ground Soil produced at one of our Michigan facilities between May 15, 2020 and June 4, 2020 and is replacing them with new products. This voluntary action is being undertaken in cooperation with the Michigan Department of Agriculture and Rural Development.The products being withdrawn could potentially contain foreign materials (such as plastic, fabric, metal, glass, ceramic, rubber or styrofoam) that do not align with the Company’s internal quality and safety standards. The company is taking steps to be sure the replacement product aligns with internal standards.“The quality, safety and purity of our products are...

Brian McMahon Joins Interpublic Corporate as a Senior Business Advisor

Written by Customer Service on January 29, 2021. Posted in Public Companies.

New York, Jan. 29, 2021 (GLOBE NEWSWIRE) — Interpublic Group (NYSE: IPG) announced Brian McMahon, a 23-year IPG veteran and founding CEO of Orion, is joining IPG corporate as a senior business advisor. In this new position, Brian will work across the IPG portfolio to foster innovative thinking, with a focus on delivering higher value services to our clients. Brian will also be an advisor to companies participating in our various accelerator and venture programs.“Brian brings an entrepreneurial mindset to our business, which is a key reason he has been so successful over the years at building and strengthening multiple companies within the group,” commented Philippe Krakowsky, CEO of IPG. “We’re excited to have him join us at IPG headquarters to bring that expertise to bear, so as to uncover new ways for us to deliver innovative...

GATX Corporation Announces Quarterly Dividend Increase

Written by Customer Service on January 29, 2021. Posted in Public Companies.

CHICAGO, Jan. 29, 2021 (GLOBE NEWSWIRE) — The board of directors of GATX Corporation (NYSE:GATX) today declared a quarterly dividend of $0.50 per common share, payable March 31, 2021, to shareholders of record on Feb. 26, 2021. GATX has paid quarterly dividends without interruption since 1919, and the dividend amount announced today represents a 4.2% increase from the prior year’s dividend.“2021 marks our 103rd consecutive year of paying a dividend, a track record that few companies can match,” said Brian A. Kenney, president and chief executive officer of GATX. “Over the past decade, GATX has invested approximately $8.0 billion in our business and returned over $1.5 billion to our shareholders through dividends and share repurchase. Throughout the pandemic, we have continued to maintain a strong balance sheet and stable investment...

Day: January 29, 2021

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