Month: February 2021

CALHOUN, Ga., Feb. 11, 2021 (GLOBE NEWSWIRE) — Mohawk Industries, Inc. (NYSE: MHK) today announced a 2020 fourth quarter net profit of $248 million and diluted earnings per share (EPS) of $3.49. Adjusted net earnings were $252 million, and EPS was $3.54, excluding restructuring, acquisition and other charges. Net sales for the fourth quarter of 2020 were $2.6 billion, an increase of 9.0% as reported and 5.5% on a constant currency and days basis. For the fourth quarter of 2019, net sales were $2.4 billion, net earnings were $265 million and EPS was $3.68, which included a one-time tax benefit. Adjusted net earnings were $162 million, and EPS was $2.25, excluding restructuring, acquisition and other charges in addition to the one-time tax benefit.For the twelve months ending December 31, 2020, net earnings and EPS were $516 million...

WEST LAFAYETTE, Ind., Feb. 11, 2021 (GLOBE NEWSWIRE) — Bioanalytical Systems, Inc. (NASDAQ:BASI) (the “Company”, “We”, “Our” or “Inotiv”), doing business as Inotiv, a leading provider of nonclinical and analytical contract research services, today announced the appointment of Greg Beattie as Chief Operating Officer of the Company, effective February 15, 2021.Mr. Beattie brings more than 30 years of contract research experience to the Company, including more than two decades in operational leadership roles at Charles River Laboratories, where he drove growth and profitability across multiple business units. During his career at Charles River Laboratories, Mr. Beattie held Corporate Vice President positions leading business units within all three of Charles River Laboratories’ segments of operations (Discovery and Safety Assessment,...

SALT LAKE CITY, Feb. 11, 2021 (GLOBE NEWSWIRE) — Myriad Genetics, Inc. (NASDAQ: MYGN), a leader in genetic testing and precision medicine, announced today that it will participate at multiple upcoming health and technology conferences, sharing insights on how the company is intensifying its focus on serving patients and healthcare providers in Women’s Health, Oncology and Mental Health.Paul J. Diaz, president and CEO at Myriad Genetics, and R. Bryan Riggsbee, CFO, will participate in a fireside chat at the BTIG Virtual MedTech, Digital Health, Life Science & Diagnostic Tools Conference on February 19 at 10:30 a.m. EST.On February 24, 2021, Mr. Riggsbee will participate in a fireside chat at the Leerink Global Healthcare Conference at 5:00 p.m. EST.On March 2, 2021, Mr. Diaz will participate in a fireside chat at the Cowen Annual...

EL SEGUNDO, Calif., Feb. 11, 2021 (GLOBE NEWSWIRE) — Beyond Meat, Inc. (NASDAQ: BYND), a leader in plant-based meat, announced today it will report financial results for the fourth quarter and full year ended December 31, 2020 on Thursday, February 25, 2021 after market close.The Company will host a conference call to discuss these results at 5:00 p.m. ET. Investors interested in participating in the live call can dial 270-215-9602. There will also be a simultaneous, live webcast available on the Investors section of the Company’s website at www.beyondmeat.com. The webcast will also be archived.About Beyond MeatBeyond Meat, Inc. (NASDAQ: BYND) is one of the fastest growing food companies in the United States, offering a portfolio of revolutionary plant-based meats made from simple ingredients without GMOs, bioengineered ingredients,...

EMERYVILLE, Calif., Feb. 11, 2021 (GLOBE NEWSWIRE) — NMI Holdings, Inc., (NASDAQ:NMIH), the parent company of National Mortgage Insurance Corporation (National MI), announced today that Priya Huskins has been appointed as an independent member of its Board of Directors.“We are delighted to welcome Priya to National MI’s Board,” said Bradley Shuster, Executive Chairman and Chairman of the Board of National MI. “As National MI continues to invest for future growth, Priya’s proven track record of executive leadership and extensive board experience will be invaluable. I am confident that her deep knowledge of the insurance industry and broad expertise will complement and enhance our already strong and diverse Board.”Ms. Huskins is currently Senior Vice President and partner at Woodruff-Sawyer & Co., a commercial insurance brokerage...

LOS ANGELES and DESERT HOT SPRINGS, Calif., Feb. 11, 2021 (GLOBE NEWSWIRE) — via InvestorWire – Grapefruit USA, Inc. (OTCQB: GPFT) (“Grapefruit” or the “Company”), a premiere, fully licensed California-based cannabis company, announces it has recently been approached by a Canadian cannabis company to enter into discussions concerning a potential acquisition transaction.Bradley J. Yourist, Grapefruit CEO, commented, “Grapefruit is not surprised to be approached concerning a potential acquisition, in light of the Company’s recent disclosure concerning its 714% year-over-year revenue increase; the public reaction to the Company’s patented, disruptive Hourglass™ THC/cannabinoid delivery cream; and recent announcements by U.S. Senate Majority Leader Chuck Schumer concerning prioritization of the federal legalization of cannabis by de-scheduling...

NEW YORK, Feb. 11, 2021 (GLOBE NEWSWIRE) — Spartan Acquisition Corp. III (the “Company”) announced today the closing of its initial public offering (the “IPO”) of 55,200,000 units at a price of $10.00 per unit. This includes the exercise in full by the underwriters of their option to purchase up to an additional 7,200,000 units. The units are listed on the New York Stock Exchange (the “NYSE”) and trade under the ticker symbol “SPAQ.U”. Each unit consists of one share of the Company’s Class A common stock and one-fourth of one redeemable warrant, with each whole warrant entitling the holder thereof to purchase one share of the Company’s Class A common stock at an exercise price of $11.50 per share. Once the securities comprising the units begin separate trading, which is expected to be on the 52nd day following the date of the final...