Day: April 26, 2021

Hydrofarm Enters Into Agreement to Acquire Premium Nutrient Maker HEAVY 16, Announces Preliminary Financial Results for First Quarter 2021

Written by Customer Service on April 26, 2021. Posted in Mergers And Acquisitions.

FAIRLESS HILLS, Pa., April 26, 2021 (GLOBE NEWSWIRE) — Hydrofarm Holdings Group, Inc. (“Hydrofarm”) (Nasdaq: HYFM), a leading distributor and manufacturer of hydroponics equipment and supplies, announced it has entered into an agreement to acquire Field 16, LLC, the manufacturer and distributor of HEAVY 16, a line of premium plant nutrients (collectively “HEAVY 16”). The company’s first acquisition since its December 2020 initial public offering, the move further enhances Hydrofarm’s already robust portfolio of high-performance, innovative and proprietary branded products in the lighting, climate control, nutrients and growing media categories. “As a leading hydroponics company, a key component of our growth strategy is to bring dynamic brands like HEAVY 16 under the Hydrofarm umbrella and continue to solidify our position as the...

CN Declares Second-Quarter 2021 Dividend

Written by Customer Service on April 26, 2021. Posted in Dividend Reports And Estimates.

MONTREAL, April 26, 2021 (GLOBE NEWSWIRE) — CN (TSX: CNR) (NYSE: CNI) announced today that its Board of Directors has approved a second-quarter 2021 dividend on the Company’s common shares outstanding. A quarterly dividend of sixty-one and a half cents (C$0.6150) per common share will be paid on June 30, 2021, to shareholders of record at the close of business on June 9, 2021. About CN CN is a world-class transportation leader and trade-enabler. Essential to the economy, to the customers, and to the communities it serves, CN safely transports more than 300 million tons of natural resources, manufactured products, and finished goods throughout North America every year. As the only railroad connecting Canada’s Eastern and Western coasts with the U.S. South through a 19,500-mile rail network, CN and its affiliates have been contributing...

Le CN déclare un dividende pour le deuxième trimestre de 2021

Written by Customer Service on April 26, 2021. Posted in Dividend Reports And Estimates.

MONTRÉAL, 26 avr. 2021 (GLOBE NEWSWIRE) — Le CN (TSX : CNR) (NYSE : CNI) a annoncé aujourd’hui que son Conseil d’administration a approuvé un dividende sur les actions ordinaires en circulation de la Compagnie pour le deuxième trimestre de 2021. Un dividende trimestriel de soixante et un cents et demi (0,6150 $ CA) par action ordinaire sera versé le 30 juin 2021 aux actionnaires inscrits à la fermeture des bureaux le 9 juin 2021. À propos du CN Le CN est un chef de file mondial du transport et un partenaire commercial majeur. Essentiel à l’économie, aux clients et aux collectivités qu’il dessert, le CN achemine annuellement en toute sécurité plus de 300 millions de tonnes de ressources naturelles, de produits manufacturés et de produits finis partout en Amérique du Nord. En tant que seul chemin de fer à relier les côtes est et ouest...

Donegal Group Inc. Announces First Quarter 2021 Results

Written by Customer Service on April 26, 2021. Posted in Earnings Releases And Operating Results.

MARIETTA, Pa., April 26, 2021 (GLOBE NEWSWIRE) — Donegal Group Inc. (NASDAQ: DGICA) and (NASDAQ: DGICB) today reported its financial results for the first quarter of 2021. Highlights for First Quarter of 2021 (all comparisons to first quarter of 2020):Net income of $10.5 million, or 35 cents per diluted Class A share, compared to $3.7 million, or 13 cents per diluted Class A share Net premiums earned of $187.3 million, virtually unchanged Net premiums written1 increased 8.9% to $215.9 million Combined ratio of 98.5%, compared to 97.0% Net income included after-tax net investment gains of $2.0 million, or 6 cents per diluted Class A share, compared to net investment losses of $8.4 million, or 29 cents per diluted Class A share Annualized return on average equity of 8.0%, compared to 3.3% Book value per share of $17.29 at March 31,...

CN First Quarter Results Demonstrate Continued Economic Recovery

Written by Customer Service on April 26, 2021. Posted in Earnings Releases And Operating Results.

Record Intermodal Traffic and Shipments of Canadian GrainPositioned to Drive Long-Term USMCA Growth as Economy ReboundsCN Now Targeting Double-Digit Adjusted Diluted EPS Growth(1) MONTREAL, April 26, 2021 (GLOBE NEWSWIRE) — CN (TSX: CNR) (NYSE: CNI) today announced solid results in the first quarter of 2021, including an industry-leading increase in traffic volume of five per cent year-over-year. The Company updated its 2021 financial outlook and is now targeting double-digit adjusted diluted earnings per share growth(1). “Industry-outpacing growth in our intermodal business, as well as our strong financial performance, position CN to be the premier railway of the 21st century: an engine of North American economic growth and prosperity and both an operational and sustainability leader. Gains in safety, train length, car velocity,...

Covenant Logistics Group Announces First Quarter Financial and Operating Results

Written by Customer Service on April 26, 2021. Posted in Earnings Releases And Operating Results.

CHATTANOOGA, Tenn., April 26, 2021 (GLOBE NEWSWIRE) — Covenant Logistics Group, Inc. (NASDAQ/GS: CVLG) (“Covenant” or the “Company”) announced today financial and operating results for the first quarter ended March 31, 2021. The Company’s live conference call to discuss the quarter will be held at 11:00 A.M. Eastern Time on Tuesday, April 27th, 2021. Chairman and Chief Executive Officer, David R. Parker, commented: “We were pleased to report first quarter earnings of $0.65 per share and adjusted earnings of $0.56 per share, which are the highest first quarter earnings in the Company’s history. Perhaps even more encouraging is the fact that we are less than a year into restructuring our business and have substantial remaining opportunity for further improvement. In the short run, this means continuing to improve or replace underperforming...

NXP Semiconductors Reports First Quarter 2021 Results

Written by Customer Service on April 26, 2021. Posted in Earnings Releases And Operating Results.

EINDHOVEN, The Netherlands, April 26, 2021 (GLOBE NEWSWIRE) — NXP Semiconductors N.V. (NASDAQ: NXPI) today reported financial results for the first quarter 2021, ended April 4, 2021. “NXP delivered first quarter revenue of $2.6 billion, an increase of 27 percent versus the year-ago period, and better than the mid-point of our guidance. Positive product mix and increased revenue helped deliver excellent operating profit in excess of our guidance. We continue to be encouraged by the long-term demand trends across all our end markets, which underpin our continued confidence of very robust growth throughout 2021,” said Kurt Sievers, NXP President and Chief Executive Officer. Key HighlightsFirst-quarter revenue was $2.6 billion, up 27.0 percent year-on-year; First-quarter GAAP gross margin was 52.8 percent, and GAAP operating margin...

Waterstone Financial, Inc. Announces Results of Operations for the Quarter Ended March 31, 2021

Written by Customer Service on April 26, 2021. Posted in Earnings Releases And Operating Results.

WAUWATOSA, Wis., April 26, 2021 (GLOBE NEWSWIRE) — Waterstone Financial, Inc. (NASDAQ: WSBF), holding company for WaterStone Bank, reported net income of $21.3 million, or $0.89 per diluted share for the quarter ended March 31, 2021 compared to $6.1 million, or $0.24 per diluted share for the quarter ended March 31, 2020. “We’ve started the year strong with a record first quarter profit driven by continued strong mortgage origination volumes at the mortgage banking segment”, said Douglas Gordon, Chief Executive Officer of Waterstone Financial, Inc. “Our team’s commitment to meeting the needs of our customers has continued to show through our results. I continue to be impressed with the efforts of all the employees from both the community banking and mortgage banking segments as we continue to deliver in a challenging environment.” Highlights...

THE UNION BANK COMPANY ANNOUNCES BOARD DIRECTOR APPOINTMENT

Written by Customer Service on April 26, 2021. Posted in Public Companies.

COLUMBUS GROVE, Ohio, April 26, 2021 (GLOBE NEWSWIRE) — United Bancshares, Inc. (NASDAQ: UBOH) Columbus Grove, OH – The Union Bank Company Board of Directors appointed Bluffton University President Dr. Jane Wood to the Board of Directors effective after the annual meeting on April 28, 2021. “We are very pleased that Dr. Wood has agreed to join our Board,” said Brian D. Young, President and CEO of The Union Bank Company. “In addition to being an incredible individual with impeccable integrity and compassion, she leads a successful team at the university with high energy and an entrepreneurial spirit. With her experiences, breadth of knowledge and sincere passion for all those associated with the university and her community, she will make our board even stronger.” Dr. Wood has been the President of Bluffton University since 2018....

DSG GLOBAL INC. Invites Individual, Institutional Investors, Advisors and Analysts, to attend its real-time, interactive presentation at the Emerging Growth Conference.

Written by Customer Service on April 26, 2021. Posted in Public Companies.

Surrey, BC, April 26, 2021 (GLOBE NEWSWIRE) — DSG GLOBAL INC. (OTCQB. DSGT) (the “Company”) is pleased to announce that it has been invited to present live at the Emerging Growth Conference on April 28th, 2021 @1:00 P.M. EST This live interactive online event will give existing shareholders and the investment community the opportunity to interact with the Company’s CEO, Robert Silzer, Imperium Presidents Rick Curtis and Bill Rex in real time. The DSG GLOBAL TEAM (DSGT OTCQB) will deliver a presentation on our products, future plans, PPP and will subsequently open the floor for questions. Please ask your questions during the event and the team will do his best to get through as many of them as possible and also please register here to ensure you are able to attend the conference and receive any updates that are released. If attendees...

Day: April 26, 2021

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