Day: March 29, 2021
ATLANTA, March 29, 2021 (GLOBE NEWSWIRE) — Perma-Fix Environmental Services, Inc. (NASDAQ: PESI) (the “Company”) today announced results for the fourth quarter and full year ended December 31, 2020.
2020 Financial Highlights:Revenue for 2020 increased 43.5% to $105.4 million versus $73.5 million for the same period last year
Services Segment revenue increased 127.5% to $75.3 million for 2020 versus $33.1 million for 2019
Treatment Segment revenue decreased to $30.1 million versus $40.4 million for 2019
Gross profit for 2020 increased to $15.9 million versus $15.6 million for 2019
Net income attributable to common stockholders increased to $2.9 million, or $0.24 per share (basic) for 2020, compared to net income of $2.3 million or $0.19 per share (basic) for 2019
Generated adjusted EBITDA (defined below) of $5.4 million compared...
FTI Consulting to Acquire The Rhodes Group
Written by Customer Service on . Posted in Mergers And Acquisitions.
WASHINGTON, March 29, 2021 (GLOBE NEWSWIRE) — FTI Consulting, Inc. (NYSE: FCN) today announced that it has entered into a definitive agreement to acquire The Rhodes Group, a leading construction consulting firm with offices in Pittsburgh and Houston. The acquisition is expected to close during the second quarter of 2021, subject to customary closing conditions. Terms of the transaction were not disclosed.
With the addition of approximately 40 billable professionals, including one Senior Managing Director and three Managing Directors, The Rhodes Group will join the Construction & Environmental Solutions practice within the Company’s Forensic and Litigation Consulting segment. The addition of these professionals, including Andrew Rhodes, the Founder and President of The Rhodes Group, will further enhance FTI Consulting’s leading...
Applied Materials Announces Termination of Kokusai Electric Acquisition Agreement
Written by Customer Service on . Posted in Mergers And Acquisitions.
SANTA CLARA, Calif., March 29, 2021 (GLOBE NEWSWIRE) — Applied Materials, Inc. today announced that the amended Kokusai Electric Corporation share purchase agreement with KKR HKE Investment L.P. terminated as of March 19, 2021 as Applied did not receive confirmation of timely approval from the regulator in China. Applied is paying KKR a termination fee of $154 million in cash.
“While we are disappointed that the transaction will not be completed, Applied Materials’ future outlook has never been better,” said Gary Dickerson, president and CEO of Applied Materials. “Our innovations are accelerating our customers’ roadmaps and we have outstanding opportunities to extend our technology leadership, drive profitable growth and deliver attractive cash returns to shareholders.”
About Applied MaterialsApplied Materials, Inc. (Nasdaq: AMAT)...
Arena Minerals to Acquire Large, High-Grade Lithium Brine Project in Salta, Argentina
Written by Customer Service on . Posted in Mergers And Acquisitions.
THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
TORONTO, March 29, 2021 (GLOBE NEWSWIRE) — Arena Minerals Inc. (“Arena” or the “Company”) (TSX-V: AN) is pleased to announce that the Company has entered into a binding memorandum of understanding (the “MOU”) with LITH-ARG Acquisition LLC (“LITH-ARG”) to acquire 100% of the Sal de la Puna lithium brine project (“Sal de la Puna Project”, or the “Project”), which covers 11,000 hectares of the Pastos Grandes basin in Argentina.
Eduardo Morales, Executive Chairman of Arena, commented: “The acquisition of Sal de la Puna is the first and important step in executing our business model. The Project presents many distinct advantages allowing us to be optimistic...
Eagle Bulk Shipping Inc. to Participate in Bloomberg DryBulk Webinar
Written by Customer Service on . Posted in Public Companies.
STAMFORD, Conn., March 29, 2021 (GLOBE NEWSWIRE) — Eagle Bulk Shipping Inc. (NASDAQ: EGLE) (“Eagle Bulk”, “Eagle” or the “Company”), one of the world’s largest owner-operators within the Supramax / Ultramax drybulk segment, today announced that Gary Vogel, the Company’s Chief Executive Officer will participate in a Bloomberg Intelligence Webinar titled “Will Dry Bulk Finally Deliver?” on April 1, 2021 at 10:30 AM Eastern Time.
During the 1-hour webinar, which will be hosted by Lee Klaskow, Senior Analyst, Bloomberg Intelligence, Mr. Vogel will discuss the current dynamics in the drybulk shipping market, Eagle Bulk’s strategy and competitive positioning and the prospects for continued market strength throughout 2021 and beyond.
The webinar will be broadcast live and available for on-demand replay. It can accessed through a Bloomberg...
TG Therapeutics Completes Rolling Submission of Biologics License Application to the U.S. Food and Drug Administration for Ublituximab in Combination with UKONIQ™(umbralisib) as a Treatment for Patients with Chronic Lymphocytic Leukemia
Written by Customer Service on . Posted in Public Companies.
NEW YORK, March 29, 2021 (GLOBE NEWSWIRE) — TG Therapeutics, Inc. (NASDAQ: TGTX), today announced the completion of the rolling submission of a Biologics License Application (BLA) to the U.S. Food and Drug Administration (FDA) requesting approval of ublituximab, the Company’s investigational glycoengineered anti-CD20 monoclonal antibody, in combination with UKONIQTM (umbralisib) , the Company’s once-daily, oral, inhibitor of PI3K-delta and CK1-epsilon, as a treatment for patients with chronic lymphocytic leukemia (CLL). The U.S. FDA previously granted Fast Track designation to the combination of ublituximab and umbralisib (U2) for the treatment of adult patients with CLL and orphan drug designation for ublituximab in combination with umbralisib for the treatment of CLL. The BLA submission was based on the results of the UNITY-CLL...
WPT Industrial REIT Contributes $370 Million Portfolio to New Joint Venture
Written by Customer Service on . Posted in Public Companies.
The transaction reduces leverage, accelerates recurring fee income, and expands a key institutional partnership
TORONTO, March 29, 2021 (GLOBE NEWSWIRE) — WPT Industrial Real Estate Investment Trust (the “REIT”) (TSX: WIR.U; WIR.UN; OTCQX: WPTIF) announced today that it will contribute a portfolio of 13 U.S. distribution and logistics properties (the “Portfolio”) with a value of approximately $370 million into a newly established joint venture with the Investment Management Corporation of Ontario (the “Joint Venture”).
All dollar amounts are stated in U.S. funds.
Completion of the Joint Venture advances the REIT’s previously announced capital recycling initiative, while reducing overall leverage and increasing liquidity. The REIT will retain a majority ownership interest in the Portfolio and continue to manage and operate...
WeedMD Announces Supplemental Listing of Warrants
Written by Customer Service on . Posted in Public Companies.
TORONTO, March 29, 2021 (GLOBE NEWSWIRE) — WeedMD Inc. (TSX-V:WMD) (OTCQX:WDDMF) (FSE:4WE) (“WeedMD” or the “Company”), a federally licensed producer and distributor of medical-grade cannabis, is pleased to announce that the TSX Venture Exchange (the “TSXV”) has accepted for listing 19,046,875 common share purchase warrants of the Company (the “Warrants”) issued in connection with the Company’s previously announced bought deal short-form prospectus offering of units. The TSXV has advised that these Warrants will be listed for trading on the TSXV under the symbol “WMD.WT” effective at market open on March 30, 2021.
Each Warrant entitles the holder thereof to purchase one common share of the Company (a “Common Share”) at an exercise price of $0.60 per Common Share until March 12, 2023. If after March 12, 2022 the daily volume weighted...
Todos Medical Completes Automation Equipment Installation and Training for a Laboratory Client in Brooklyn, NY
Written by Customer Service on . Posted in Public Companies.
· Automation solution increases processing capacity to 6,000 PCR tests per day, expandable to 12,000 daily tests with minor upgrades
· Client entered into contract with the State of Kentucky to provide PCR testing for nursing home facilities
NEW YORK, NY, and REHOVAT, ISRAEL, March 29, 2021 (GLOBE NEWSWIRE) — via NewMediaWire —Todos Medical, Ltd. (OTCQB: TOMDF), an in vitro diagnostics company focused on distributing comprehensive solutions for COVID-19 screening, diagnosis and immune support, as well as developing blood tests for early detection of cancer and Alzheimer’s disease, today announced the successful installation of automated lab equipment and completion of training for a lab client in Brooklyn, NY. The implementation of the Todos automation solution has expanded the lab’s processing capacity to 6,000...
Micronor Lends Fiber Optic Expertise to the ITER – World’s Largest Fusion Experiment
Written by Customer Service on . Posted in Public Companies.
VANCOUVER, British Columbia, March 29, 2021 (GLOBE NEWSWIRE) — Photon Control Inc. (“Photon Control” or the “Company”) (TSX: PHO), a leading manufacturer of fiber optic measurement solutions, is pleased to announce its recently acquired business, Micronor LLC (“Micronor”), was recognized for its critical contribution to the International Thermonuclear Experimental Reactor (“ITER”), one of the most ambitious energy projects in the world today. The project aims to demonstrate magnetic fusion as a large scale and carbon-free source of energy to advance the science for future fusion power plants. Micronor is one of the many technology companies collaborating with Fusion For Energy (F4E), the European Union organization managing Europe’s contribution to ITER.
Micronor’s innovative technology and engineering expertise was required to...