Month: February 2021

PALO ALTO, Calif., Feb. 17, 2021 (GLOBE NEWSWIRE) — HP Inc. today announced the appointment of Marie Myers as Chief Financial Officer. Myers has been serving as acting CFO and Chief Transformation Officer since October 2020. Today’s announcement is effective immediately.Myers brings more than 20 years of HP experience to the role. In addition to serving in numerous financial leadership positions, she has driven an aggressive agenda as HP’s Chief Transformation Officer to strengthen the company’s digital capabilities in ways that better serve customers while reducing operating costs.“Marie is one of HP’s most respected leaders and she has a proven track record of success throughout her career,” said Enrique Lores, President and Chief Executive Officer, HP Inc. “As our acting CFO and chief transformation officer, she has consistently...

AUDUBON, Pa., Feb. 17, 2021 (GLOBE NEWSWIRE) — Globus Medical, Inc. (NYSE: GMED), a leading musculoskeletal solutions company, today announced its financial results for the fourth quarter and year ended December 31, 2020.Fourth Quarter 2020:Worldwide net sales were $233.4 million, an increase of 10.3% as compared to the fourth quarter of 2019GAAP net income for the quarter was $53.0 million, or 22.7% of net salesGAAP diluted earnings per share (“EPS”) was $0.52 and non-GAAP diluted EPS was $0.58Non-GAAP adjusted EBITDA was 36.2% of net salesFull Year 2020:Worldwide net sales were $789.0 million, an increase of 0.5% as compared to the full year of 2019GAAP net income for the year was $102.3 million, or 13.0% of net salesGAAP diluted EPS was $1.01 and non-GAAP diluted EPS was $1.44 for the yearNon-GAAP adjusted EBITDA was 29.4% of...

Columbus, OH, Feb. 17, 2021 (GLOBE NEWSWIRE) — Mettler-Toledo International Inc. (NYSE:MTD) today announced the webcast of its presentation at Citi’s 2021 Healthcare Services, Medtech, Tools, & HCIT Virtual Conference on Wednesday, February 24, 2021, at 10:45 a.m Eastern Time.  To hear a live webcast of the presentation, visit the investor relations page on the Company’s Web site at www.mt.com/investors.  A replay of the webcast will be available for seven days.Mary T. Finnegan Investor Relations +1-614-438-4748

Net (loss) income attributable to common shareholders for the fourth quarter 2020 of $(7.4) million, or $(0.09) per diluted share, compared to $71.1 million, or $0.83 per diluted share for the same period in 2019. Net (loss) income available to common shareholders for the full year 2020 of $(16.9) million, or $(0.21) per diluted share, compared to $84.8 million, or $1.04 per diluted share for the full year 2019.The Company initiated 2021 operating funds from operations (“FFO”) per share guidance.The Company’s Board of Trustees declared a first quarter 2021 regular cash dividend of $0.075 per common share.Assigned a first time investment grade credit rating of BBB- by Fitch Ratings, Inc.94% of total tenants were open and operating, as of February 10, 2021, based on annualized base rent (“ABR”).91% of fourth...

VANCOUVER, British Columbia and SEATTLE, Feb. 17, 2021 (GLOBE NEWSWIRE) — Chinook Therapeutics, Inc. (NASDAQ: KDNY), a biopharmaceutical company focused on the discovery, development and commercialization of precision medicines for kidney diseases, today announced that Chinook management is scheduled to participate in a virtual fireside chat at the 10th Annual SVB Leerink Global Healthcare Conference on Wednesday, February 24, 2021 at 10:00 am ET.To access the live webcast and subsequent archived recording of this and other company presentations, please visit the Investors section of Chinook’s website. The archived webcast will remain available for replay on Chinook’s website for 90 days.About Chinook Therapeutics, Inc.Chinook Therapeutics, Inc. is a clinical-stage biotechnology company developing precision medicines for kidney...

COS COB, Conn., Feb. 17, 2021 (GLOBE NEWSWIRE) — Chicken Soup for the Soul Entertainment Inc. (Nasdaq: CSSE, CSSEP, CSSEN), one of the largest operators of streaming advertising-supported video on-demand (“AVOD”) networks, today announced the timing for the payment of its declared regular monthly dividend of $0.2031 per share of its 9.75% Series A Cumulative Redeemable Perpetual Preferred Stock for March 2021. The dividend will be payable on March 15, 2021 to holders of record as of February 28, 2021. The dividend will be paid in cash.ABOUT CHICKEN SOUP FOR THE SOUL ENTERTAINMENTChicken Soup for the Soul Entertainment, Inc. (Nasdaq: CSSE) operates streaming video-on-demand networks (VOD). The company owns Crackle Plus, which owns and operates a variety of ad-supported and subscription-based VOD networks including Crackle, Popcornflix,...

LANCASTER, Pa., Feb. 17, 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 announced that its Board of Directors has declared a cash dividend of $0.21 per share of common stock for the fourth quarter of 2020. The dividend will be paid on March 18, 2021, to shareholders of record as of the close of business on March 4, 2021.The declaration and payment of future dividends will be at the discretion of the Board of Directors and will be dependent upon, among other things, the company’s financial position, results of operations and cash flow.Uncertainties Affecting Forward-Looking StatementsDisclosures in this release, including without limitation, those relating to future financial...

FAIRFIELD, N.J., Feb. 17, 2021 (GLOBE NEWSWIRE) — Kearny Financial Corp. (NASDAQ GS: KRNY) (the “Company”), the holding company of Kearny Bank (the “Bank”), announced today that the Company’s Board of Directors has declared a quarterly cash dividend of $0.09 per share to stockholders of record as of March 3, 2021, payable on March 17, 2021. This represents an increase of $0.01 from the prior quarter’s dividend of $0.08 per share.About Kearny Financial Corp.Kearny Financial Corp. is the parent company of Kearny Bank which operates from its administrative headquarters in Fairfield, New Jersey, and a total of 49 retail branch offices located throughout northern and central New Jersey and Brooklyn and Staten Island, New York. At December 31, 2020, Kearny Financial Corp. had approximately $7.3 billion in total assets.For further information...

– $200 Million Unsecured Notes Placement –– Successfully Amends Senior Credit Facility –– Covenant Waivers Extended Through March 31, 2022 –– Binding Sales Agreements on Six Hotels Totaling $216 Million –PHILADELPHIA, Feb. 17, 2021 (GLOBE NEWSWIRE) — Hersha Hospitality Trust (NYSE: HT) (“Hersha” or the “Company”), owner of high-quality hotels in urban gateway markets and regional resort destinations, today announced it secured a strategic financing commitment from West Street Strategic Solutions Fund I, L.P. and Broad Street Credit Holdings LLC, each of which is an affiliate of the Merchant Banking business of The Goldman Sachs Group, Inc. (the “GS Purchasers”).Private Notes PlacementThe unsecured notes facility the Company entered into with the GS Purchasers will provide an initial...

HOUSTON, Feb. 17, 2021 (GLOBE NEWSWIRE) — U.S. Energy Corp. (Nasdaq: USEG) (the “Company”), today announced the closing of an underwritten public offering of 1,131,600 shares of common stock at a public offering price of $5.10 per share, which included the full exercise of the underwriter’s over-allotment option for 147,600 shares of common stock, for gross proceeds to the Company of $5,771,160 before deducting underwriting discounts and other offering expenses.Kingswood Capital Markets, division of Benchmark Investments, Inc., acted as sole bookrunner for the offering.The shares of common stock were offered by the Company pursuant to a “shelf” registration statement on Form S-3 (File No. 333-248906) previously filed with the Securities and Exchange Commission (the “SEC”) on September 18,...