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Day: February 23, 2021

Armstrong World Industries Reports Fourth Quarter and Full Year 2020 Results

Key HighlightsNet sales down 3% versus the prior year quarterOperating income down 29% versus the prior year quarterAdjusted EBITDA down 19% versus the prior year quarterAcquired Arktura, LLC during the quarter2021 Guidance versus prior year: Net Sales of +10%-13% and EBITDA of +9%-13%LANCASTER, Pa., Feb. 23, 2021 (GLOBE NEWSWIRE) — Armstrong World Industries, Inc. (NYSE:AWI), a leader in the design, innovation and manufacture of commercial and residential ceiling, wall and suspension system solutions, today reported financial results for the fourth quarter and full year 2020.Fourth Quarter Results from Continuing OperationsNet sales decreased compared to the prior year quarter, driven by lower volume in both the Mineral Fiber and Architectural Specialties segments as a result of lower market demand due to COVID-19, as well as unfavorable...

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Earthmoving Equipment Market to Reach USD 84.24 billion by 2026, Growing at a 2.4% CAGR; Caterpillar Acquires Kempler Valve & Fittings to Widen Its Product Portfolio: Fortune Business Insights

Pune, India, Feb. 23, 2021 (GLOBE NEWSWIRE) — The global earthmoving equipment market is projected to reach USD 84.24 billion by 2026, exhibiting a CAGR of 2.4% during the forecast period. One of the primary forces driving the growth of this market is the rising investment and energy in infrastructure development across the globe. According to the World Infrastructure Congress, global expenditure on infrastructure will touch USD 9 trillion by 2025. A study by Oxford Economics estimates that the world will need to invest around USD 94 trillion between 2016 and 2040 to meet the demands of an ever-increasing world population. This means, on average, infrastructure development will require an annual investment of USD 3.7 trillion till 2040. These numbers bode well for the earthmoving equipment market growth as rapid industrialization...

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Harbourfront Wealth Holdings Inc. Reports Record Profits and Continues Shareholder Dividend Distributions

VANCOUVER, British Columbia, Feb. 23, 2021 (GLOBE NEWSWIRE) — Harbourfront Wealth Holdings Inc. (“HWH Inc.”) parent company to Harbourfront Wealth Management (“Harbourfront” or the “Company”) and other subsidiaries today announced its 2020 financial results and revenue increase of 34% year-over year (YOY) to the board of directors. Shareholders also received their annual dividend earlier in the month.The growth in revenue base was underscored by a record-breaking year-end with additional advisory teams joining Harbourfront before fiscal close. In addition to strong revenue performance, AUA (assets under administration) growth also increased by 28% YOY. This marked above 2020 financial targets set out by Harbourfront pre-pandemic, and which had been temporarily affected during Q2 and Q3.To facilitate the large transaction volume,...

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New Overload Monitoring System Helps Truck and Van Owners and Operators to Avoid Costly Fines and Maximize Legal Loads of Commercial Vehicles

MALVERN, Pa., Feb. 23, 2021 (GLOBE NEWSWIRE) — Vishay Precision Group, Inc. (NYSE: VPG), today announced the North American launch of its LoadPro® on-vehicle overload monitoring and load optimization system that offers truck/van owners and drivers a low-cost solution to maximize the legal loads of their vehicles and avoid overloading fines and related expenses.The LoadPro® family of cost-efficient axle overload monitoring solutions provide drivers with real-time visual and audible indication of vehicle overloading. LoadPro® is the only system of its kind to use solid-state sensors and electronics, which means no moving parts and no wear and tear or slipping out of calibration, no matter how harsh the working conditions.“Overweight trucks and vans not only pose a greater risk of accidents, but can cost trucking companies, freight...

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Nightfood Ice Cream Proudly Announces Walmart Distribution Starting Spring 2021

Tarrytown, NY, Feb. 23, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — Nightfood, Inc. (OTCQB: NGTF), better-for-you snack company targeting the $50 billion Americans spend annually on nighttime snacks, announced today that Nightfood’s sleep-friendly ice cream will soon be available in Walmart stores in multiple regions of the United States.Final store counts, geographic regions, and flavor assortment will all be announced in the coming weeks, closer to Nightfood’s launch in Walmart’s freezers. “This is a very exciting day for all Nightfood shareholders,” stated Nightfood founder & CEO Sean Folkson.  “We’ve been working with the category managers at Walmart for well over a year to get to this point.  It’s an honor and no small accomplishment to have our brand available in the stores of the world’s largest retailer.”“From...

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The Mimecast Ecosystem Now Offers Over 60 Cybersecurity and Compliance Integrations

LEXINGTON, Mass., Feb. 23, 2021 (GLOBE NEWSWIRE) — Mimecast Limited (NASDAQ: MIME), a leading email security and cyber resilience company, today announced its API and Alliances program has hit a new milestone and now offers 60 out-of-the box and custom integrations with security technology partners such as CrowdStrike, IBM Security, Netskope, Palo Alto Networks, Rapid7, ServiceNow and Splunk. Integrations are designed to allow organizations to gain greater insights into their threat landscape, reducing complexity, minimizing risk and improving threat detection and response.Through Mimecast’s robust set of API integrations, organizations can incorporate Mimecast Threat Intelligence into their broader security ecosystem. This integrated threat intelligence helps increase the efficacy of the tools used to protect the enterprise.  Additionally,...

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Construction contract in Estonia (Tondiraba Park, Tallinn)

On 23 February 2021, Tallinna Teede AS, part of AS Merko Ehitus group, and Tallinn Urban Environment and Public Works Department have entered into a contract to perform construction works of Tondiraba Park in Lasnamäe district in Tallinn.The contract includes establishing the largest park in the district, covering almost 23 hectares, on the site of the former Lasnamäe bog. There will be several large playgrounds in the park, some of which will be adapted for children with special needs. In addition, there will be different sporting facilities, basketball and volleyball court, adventure trail, extreme sports area with skatepark and pump track, and dog walking areas. Additionally, an ice rink will be built, where other sports can be practiced in summer. For cyclists, a convenient infrastructure for cycling and several cross-country trails...

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Ehitusleping Eestis (Tondiraba park, Tallinn)

23. veebruaril 2021 sõlmiti AS Merko Ehitus kontserni kuuluva Tallinna Teede ASi ning Tallinna Keskkonna- ja Kommunaalameti vahel leping Tondiraba pargi rajamiseks Tallinnas Lasnamäe linnaosas.  Ehitusleping hõlmab linnaosa suurima, ligi 23 hektaril laiuva pargi rajamist kunagise Lasnamäe raba kohale. Parki tuleb mitu suurt mänguväljakut, millest osa kohandatakse erivajadustega lastele. Samuti luuakse erinevad sportimisvõimalused, rajatakse korv- ja võrkpalliplatsid, seiklusrada, ekstreemspordi ala skatepark’i ja pump-track’iga ning koerte jalutusväljakud. Lisaks ehitatakse jääväljak, kus suvel saab tegeleda muude spordialadega. Jalgratturitele rajatakse parki mugav taristu jalgrattaga sõitmiseks ja mitu maastikurada, park ühendatakse metsa läbivate jalgradadega.Lepingu maksumus on ligikaudu 5,5 miljonit eurot, millele lisandub käibemaks....

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RadNet, Inc. Announces Date of its Fourth Quarter 2020 Financial Results Conference Call

LOS ANGELES, Feb. 23, 2021 (GLOBE NEWSWIRE) — RadNet, Inc. (NASDAQ: RDNT), a national leader in providing high-quality, cost-effective diagnostic imaging services through a network of owned and operated outpatient imaging centers, announced today that it will host a conference call to discuss its fourth quarter 2020 financial results on Monday, March 8th, 2021 at 7:30 a.m. Pacific Time (10:30 a.m. Eastern Time).Investors are invited to listen to RadNet’s conference call by dialing 800-437-2398. International callers can dial 786-204-3966. There will also be simultaneous and archived webcasts available at http://public.viavid.com/player/index.php?id=143719. An archived replay of the call will also be available and can be accessed by dialing 844-512-2921 from the U.S., or 412-317-6671 for international callers, and using the passcode...

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Kraken Achieves ISO 9001:2015 Certification for Quality Management System

ST. JOHN’S, Newfoundland, Feb. 23, 2021 (GLOBE NEWSWIRE) — Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF), Canada’s Ocean Company™, is pleased to announce that its subsidiary, Kraken Robotic Systems Inc., has earned ISO 9001:2015 certification for its Quality Management System (QMS), including manufacturing sites located in Mount Pearl, NL and Dartmouth, NS.ISO 9001:2015 is a globally recognized quality management standard developed and published by the International Organization for Standardization (ISO) that provides a model companies of all types and sizes can use to build an effective quality management system. The standard is based on several quality management principles, including a strong customer focus, involvement of high-level company management, a process-driven approach and continuous improvement of the QMS. Maintaining...

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