Day: March 16, 2021

BOISE, Idaho, March 16, 2021 (GLOBE NEWSWIRE) — Micron Technology, Inc. (Nasdaq: MU), today announced updates to the company’s portfolio strategy to further strengthen its focus on memory and storage innovations for the data center. Micron will increase investment in new memory products that leverage the Compute Express Link™ (CXL™), the recently introduced industry standard interface that enables flexible connection between compute, memory and storage. With immediate effect, Micron will cease development of 3D XPoint™ and shift resources to focus on accelerating market introduction of CXL-enabled memory products.“Memory and storage are critical to the data economy, and the need for data center memory innovation has never been greater,” said Micron President and CEO Sanjay Mehrotra. “As a leader in memory and storage, Micron is...

Folsom, N.J, March 16, 2021 (GLOBE NEWSWIRE) —                                                                                             Investor Contact: Dan Fidell(609) 561-9000 ext. 7027dfidell@sjindustries.comMedia Contact: Dominick DiRocco(609) 561-9000 ext. 4262ddirocco@sjindustries.comFOR IMMEDIATE RELEASESOUTH JERSEY INDUSTRIES, INC. ANNOUNCES PROPOSED COMMON STOCK AND EQUITY UNITS OFFERINGSFolsom, N.J., March 16, 2021 – South Jersey Industries, Inc. (NYSE: SJI) (the “Company”) today announced that it plans to conduct concurrent registered public offerings, subject to market conditions and other factors, of up to $225 million of shares of its common stock (the “Common Stock”), a portion of which may be subject to the forward sale agreement described below, and 6,000,000 Equity Units (the “Equity Units”) (aggregate stated...

NEW YORK, March 16, 2021 (GLOBE NEWSWIRE) — StepStone Group Inc. (“StepStone”) today announced that certain of its stockholders (the “Selling Stockholders”), intend to offer for sale in an underwritten secondary offering 8,000,000 shares of StepStone’s Class A common stock (the “Offering”). The Selling Stockholders also intend to grant the underwriters a 30-day option to purchase up to an additional 1,200,000 shares of StepStone’s Class A common stock. The Selling Stockholders will receive all of the net proceeds from the Offering. StepStone is not offering any shares of its Class A common stock in the Offering and will not receive any proceeds from the Offering, including from any exercise by the underwriters of their option to purchase additional shares.J.P. Morgan, Goldman Sachs & Co. LLC and Morgan Stanley are acting as joint...

Q4 2020 revenue of $82.0 million, up 2.5% over Q4 2019Net income of $0.2 million, or $0.00 per shareMedia margin of $32.0 million, up 21.8% over Q4 2019 and representing 39.0% of revenueAdjusted EBITDA of $11.1 million, representing 13.6% of revenueAdjusted net income of $5.4 million, or $0.07 per shareNEW YORK, March 16, 2021 (GLOBE NEWSWIRE) — Fluent, Inc. (NASDAQ: FLNT), a leading data-driven performance marketing company, today reported results for the fourth quarter and fiscal year ended December 31, 2020.Ryan Schulke, Fluent’s Chief Executive Officer, commented, “Our fourth quarter results came in at the high end of the ranges we previewed in mid-January. Our results for the quarter and the full year reflect significant strides on the advertiser side of our business, adding and fortifying strategic partnerships with...

COS COB, Conn., March 16, 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 April 2021. The dividend will be payable on April 15, 2021 to holders of record as of March 31, 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,...

INDIANAPOLIS, March 16, 2021 (GLOBE NEWSWIRE) — Kite Realty Group Trust (NYSE: KRG) (the “Company”) announced today that its operating partnership, Kite Realty Group, L.P. (the “Operating Partnership”), launched an offering (the “Offering”), subject to market conditions and other factors, of $175 million aggregate principal amount of exchangeable senior notes due 2027 in a private placement to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). The Operating Partnership also intends to grant the initial purchasers of the notes an option to purchase up to an additional $25 million aggregate principal amount of notes.The notes will be the Operating Partnership’s senior unsecured obligations and will accrue interest payable semi-annually...

MONROE, Mich., March 16, 2021 (GLOBE NEWSWIRE) — La-Z-Boy Incorporated (NYSE: LZB), a global leader in residential furniture, today announced that Kurt Darrow, Chairman, President and Chief Executive Officer, Melinda Whittington, Chief Financial Officer, and Bob Lucian, VP, Finance, will present at the Sidoti & Company LLC Virtual Investor Conference, on Wednesday, March 24, 2021, at 10:00 a.m. Eastern. The presentation will be webcast live and archived for one year. It will be available at https://lazboy.gcs-web.com/.Additional InformationThis news release is just one part of La-Z-Boy’s financial disclosures and should be read in conjunction with other information filed with the Securities and Exchange Commission, which is available at: https://lazboy.gcs-web.com/financial-information/sec-filings. Investors and others wishing...