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Month: April 2021

Axel Johnson Inc. Agrees to Sell Controlling Interest in Sprague Resources LP to Hartree Partners, LP

PORTSMOUTH, N.H., April 20, 2021 (GLOBE NEWSWIRE) — Sprague Resources LP (SRLP) (“Sprague”) and Hartree Partners, LP (“Hartree”) announced today that a subsidiary of Axel Johnson Inc. (“Axel Johnson”) has entered into an agreement to sell to Hartree the general partner interest, the incentive distribution rights and all of the limited partner interests that Axel Johnson owns in Sprague (the “Transaction”). The closing of the Transaction is expected to occur on or before June 15, 2021. As a well-established global energy and commodities firm, Hartree offers strong strategic sponsorship for Sprague to support its growth in traditional and emerging energy markets. Sprague is a 150-year old company and is one of the largest independent suppliers of energy products and related services in the Northeast. Since Axel Johnson acquired the...

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Tailwind Two Acquisition Corp. Announces the Separate Trading of its Class A Ordinary Shares and Warrants Commencing April 23, 2021

NEW YORK, April 20, 2021 (GLOBE NEWSWIRE) — Tailwind Two Acquisition Corp. (NYSE: TWNT.U) (the “Company”) today announced that, commencing April 23, 2021, holders of the units sold in the Company’s initial public offering of units, completed on March 9, 2021, may elect to separately trade the Class A ordinary shares and warrants included in the units. Those units not separated will continue to trade on the New York Stock Exchange (“NYSE”) under the symbol “TWNT.U,” and the Class A ordinary shares and warrants that are separated will trade on NYSE under the symbols “TWNT” and “TWNT WS,” respectively. No fractional warrants will be issued upon separation of the units and only whole warrants will trade. Holders of units will need to have their brokers contact Continental Stock Transfer & Trust Company, the Company’s transfer agent,...

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ESCO Technologies Announces Webcast of Second Quarter 2021 Conference Call

St. Louis, April 20, 2021 (GLOBE NEWSWIRE) — ESCO Technologies Inc. (NYSE:ESE) announced the following webcast: Event:               Second Quarter 2021 Conference CallDate:                Tuesday, May 4Time:                4 p.m. Central TimeWhere:              www.escotechnologies.com The Company’s second quarter 2021 financial results will be released on May 4 at approximately 3:15 p.m. Central Time, followed by the conference call/webcast at 4 p.m. Central Time where the financial results and related commentary will be discussed. Please access the Company’s website at least 15 minutes prior to the call to register, download, and install any necessary audio software. If you are unable to participate, a replay will be available on the Company’s website at www.escotechnologies.com or by phone (dial 1-855-859-2056, passcode 9334419). ESCO,...

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Middlefield Banc Corp. Reports 2021 First Quarter Financial Results

MIDDLEFIELD, Ohio, April 20, 2021 (GLOBE NEWSWIRE) — Middlefield Banc Corp. (NASDAQ: MBCN) today reported financial results for the 2021 first quarter ended March 31, 2021. 2021 First Quarter Financial Highlights Include (on a year-over-year basis unless noted):Net income increased to a quarterly record of $4.2 million, or a record $0.65 per diluted share Net interest margin improved by 10 basis points to 3.73%, compared to 3.63% Total noninterest income was up 106.5% to $2.2 million Pre-tax, pre-provision for loan losses(1) income increased 49.5% to $5.8 million Return on average assets increased to 1.22% from 0.35% Return on average equity increased to 11.64% from 3.01% Return on average tangible common equity(1) increased to 13.16% from 3.43% Efficiency ratio improved to 57.91%, compared to 63.47% Net charge-offs declined 86.0%...

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Yellow Corporation Bringing New Jobs To Everett, Washington & America

OVERLAND PARK, Kan., April 20, 2021 (GLOBE NEWSWIRE) — Yellow Corporation (NASDAQ: YELL) is recruiting employees for new positions in Everett, Washington. On Tuesday, April 27, Yellow will host a hiring event as the trucking company looks to fill jobs including dock workers, linehaul drivers, local drivers and box truck drivers. Yellow intends to hire qualified individuals immediately for 19 jobs in Everett with more positions open nationwide. Yellow is the second largest less-than-truckload carrier and the fifth largest transportation company in North America. Yellow’s 30,000 employees are based in all 50 states as well as Puerto Rico, Canada and Mexico. Yellow’s Everett hiring event is among more than two dozen similar recruiting events taking place across America between now and July. By the end of 2021, Yellow aims to hire thousands...

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Mid Penn Bank Promotes Heather Hall to Executive Vice President

MILLERSBURG, Pa., April 20, 2021 (GLOBE NEWSWIRE) — Mid Penn Bancorp, Inc. (NASDAQ: MPB), parent company of the wholly-owned subsidiaries Mid Penn Bank and MPB Financial Services, Inc., is proud to announce that Heather Hall has been promoted to Executive Vice President of Mid Penn Bank. In this role, Ms. Hall provides leadership and oversight of the Bank’s loan and deposit activities throughout the Capital and Lancaster County regions. “Heather is a proven leader who is dedicated to the continuing success of the Bank,” said Mid Penn Bank Senior Executive Vice President and Chief Revenue Officer, Scott Micklewright. “She has developed a dynamic team of professionals and leads by example through her dedication to customers and commitment to our organization.” Ms. Hall has been with Mid Penn Bank since 2016, when she joined the commercial...

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Imperial Mining Group fera une présentation lors de la conférence « Quebec Critical and Strategic Minerals Investment » le jeudi 22 avril à 13h30 NHE

MONTRÉAL, 20 avr. 2021 (GLOBE NEWSWIRE) — Imperial Mining Group (OTCQB:IMPNF) (TSX.V:IPG) est heureux d’annoncer que le président et chef de la direction, Peter Cashin, fera une présentation dans le cadre de la conférence virtuelle Critical and Strategic Minerals Investment Opportunities in Quebec, ce jeudi, 22 avril, à 13h30 HNE. Portant sur les possibilités d’investissement au Québec relativement aux minéraux critiques et stratégiques, la conférence, présentée par OTC Markets Group et organisée par le gouvernement du Québec par l’entremise du Ministère de l’Énergie et des Ressources naturelles, mettra en vedette dix entreprises sélectionnées et approuvées par un comité spécial. Peter Cashin discutera du projet à scandium Crater Lake dans le nord québécois que l’entreprise développe, ainsi que de la manière dont IPG peut contribuer...

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StoneCastle Financial Corp. Announces Estimated Net Asset Value as of March 31, 2021 and Sets Date to Host the First Fiscal Quarter 2021 Earnings Conference Call

DENVER, April 20, 2021 (GLOBE NEWSWIRE) — StoneCastle Financial Corp., (NASDAQ: BANX) (“StoneCastle Financial” or the “Company”), today announced that the Company’s March 31, 2021 estimated Net Asset Value (“NAV”) was $21.62. The NAV was down ($0.06) from the prior month. StoneCastle Financial will host a conference call for investors and other interested parties beginning at 5:00 p.m. (Eastern Time) on Thursday, May 13, 2021 to discuss the Company’s financial results and investment performance and provide its current views on bank-related assets and the community banking market. The call will be hosted by Sanjai Bhonsle, Chairman and Chief Executive Officer and Patrick Farrell, Chief Financial Officer. The conference call will be accessible by telephone and the Internet. To access the call, participants from within...

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Heartland BancCorp Earns $4.6 Million, or $2.29 Per Diluted Share, in the First Quarter of 2021; Declares Quarterly Cash Dividend of $0.627 per Share

WHITEHALL, Ohio, April 20, 2021 (GLOBE NEWSWIRE) — Heartland BancCorp (“Heartland” and “the company”) (OTCQX: HLAN) today reported net income increased 58.4% to $4.6 million, or $2.29 per diluted share in the first quarter of 2021, compared to $2.9 million, or $1.43 per diluted share in the first quarter of 2020. In the fourth quarter of 2020, the company reported record earnings of $5.8 million, or $2.87 per diluted share. The company announced its board of directors declared a quarterly cash dividend of $0.627 per share. The dividend will be payable July 10, 2021, to shareholders of record as of June 25, 2021. Heartland has paid regular quarterly cash dividends since 1993. “Heartland’s first quarter operating performance continued to reflect the success of our community bank strategy, which produced solid revenue and additional...

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Freddie Mac Prices $937 Million Multifamily K-Deal, K-F108

MCLEAN, Va., April 20, 2021 (GLOBE NEWSWIRE) — Freddie Mac (OTCQB: FMCC) has priced a new offering of Structured Pass-Through Certificates (K Certificates), which includes a class of floating rate bonds indexed to the Secured Overnight Financing Rate (SOFR). The approximately $937 million in K Certificates (K-F108 Certificates) are expected to settle on or about April 29, 2021. The K-F108 Certificates are backed by floating-rate multifamily mortgages with 10-year terms, which are SOFR-based. K-F108 PricingClass Principal/Notional Amount (mm) Weighted Average Life (Years) Discount Margin Coupon Dollar PriceAS $937.905 9.44 25 30-day SOFR avg + 25 100.000XS Non-OfferedDetailsCo-Lead Managers and Joint Bookrunners: Barclays Capital Inc. and J.P. Morgan Securities LLC Co-Managers: BMO Capital Markets Corp., Cantor Fitzgerald...

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