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Month: April 2021

Stem Completes Business Combination with Star Peak Energy Transition Corp.

STEM-Listed NYSEToday, Stem became the first public pure play smart energy storage company, listed as “STEM” on the New York Stock Exchange.Creates first publicly traded pure-play smart energy storage company Results in over $600 million of gross cash proceeds to Stem Stem’s common stock to begin trading on the NYSE under symbol “STEM” on April 29, 2021 MILLBRAE, Calif., April 28, 2021 (GLOBE NEWSWIRE) — Stem, Inc., a global leader in artificial intelligence (AI)-driven clean energy storage services, announced today that it has completed its previously announced business combination with Star Peak Energy Transition Corp. (“Star Peak”). The transaction was unanimously approved by Star Peak’s Board of Directors and was approved at a special meeting of Star Peak stockholders on April 27, 2021. In connection with...

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Credicorp Ltd.: Credicorp Announces Filing Form 20-F 2020

Lima, April 28, 2021 (GLOBE NEWSWIRE) — Lima, PERU, April 28, 2021 – Credicorp Ltd. (NYSE: BAP) has filed its Annual Report on Form 20-F for the year ended December 31st, 2020 with the Securities and Exchange Commission. The 2020 Form 20-F includes audited consolidated financial statements of Credicorp and its subsidiaries as of December 31st, 2019 and 2020 and for the years ended December 31st, 2018, 2019 and 2020 under International Financial Reporting Standards (IFRS). The 2020 Form 20-F can be downloaded from Credicorp’s website (www.grupocredicorp.com). Holders of Credicorp’s securities and any other interested parties may request a hard copy of our complete audited consolidated financial statements, free of charge, by filling out the form located on the link “mail request” at Credicorp’s web page (www.grupocredicorp.com).About...

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Hawthorn Bancshares Announces Cash Dividend and Stock Dividend

JEFFERSON CITY, Mo., April 28, 2021 (GLOBE NEWSWIRE) — Hawthorn Bancshares, Inc. (NASDAQ: HWBK) announced today that its Board of Directors approved an increase in the quarterly cash dividend of $0.02 per share, or 15.4%, to a total of $0.15 per share, payable July 1, 2021 to shareholders of record at the close of business on June 15, 2021.The board also approved a special stock dividend of 4% payable July 1, 2021 to shareholders of record at the close of business on June 15, 2021. About Hawthorn Bancshares Hawthorn Bancshares, Inc., a financial-bank holding company headquartered in Jefferson City, Missouri, is the parent company of Hawthorn Bank of Jefferson City, Missouri with additional locations in the Missouri communities of Lee’s Summit, Liberty, St. Louis, Springfield, Independence, Columbia, Clinton, Osceola, Warsaw,...

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Proactive news headlines featuring The Valens Company, Alpine 4 Technologies, Cloud DX and Metalla Royalty & Streaming

Proactive, provider of real-time news and video interviews on growth companies listed in the US and Canada, has covered the following companies:The Valens Company Inc (TSE:VLNS) (OTCQX:VLNCF) (FRA:7LV) applies for Nasdaq listing in the US Alpine 4 Technologies Ltd (OTCQB:ALPP) says subsidiary to acquire Thermal Dynamics International Cloud DX Inc (CVE:CDX) teams up with Maple and Curatio to build comprehensive coronavirus remote home care platform Hannan Metals Limited (CVE:HAN) has US$2M annual budget from partner JOGMEC to advance its San Martin joint venture in Peru Metalla Royalty & Streaming Ltd (CVE:MTA) (NYSEAMERICAN:MTA) (FRA:X9C) appoints industry veteran Douglas Silver to its board of directors Cardiol Therapeutics Inc (TSE:CRDL) (OTCQX:CRTPF) enrolls first patient in LANCER Phase II/III trial of CardiolRx on coronavirus...

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Changes in the management bodies of subsidiaries of AS PRFoods

The Supervisory Board of Saaremere Kala AS decided to extend the term of office of the current management board member Christopher Charles Leigh by three years. The Management Board of Saaremere Kala AS will continue to operate with two members, Indrek Kasela and Christopher Charles Leigh. Jarkko Alho shall be recalled from the management board of AS PRFoods subsidiaries Heimon Kala Oy and Heimon Kala OÜ. Management board members of Saaremere Kala AS Indrek Kasela and Margus Rebane and Risto Parkkila (as a member who has not been part of the management bodies of the group of companies of AS PRoods before) shall become the new board members of Heimon Kala Oy. Risto Parkkila is business controller of Heimon Kala Oy and has previously worked as business controller at Froneri Finland Oy and Froneri Switzerland AG and has more than ten years...

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Duke Realty Reports First Quarter 2021 Results

$412 Million of Development Starts – 60 Percent Pre-Leased In-Service Portfolio 97.6 Percent Leased 2021 Earnings and Development Guidance Increased INDIANAPOLIS, April 28, 2021 (GLOBE NEWSWIRE) — Duke Realty Corporation (NYSE: DRE), the largest domestic-only logistics REIT, today reported results for the first quarter of 2021. “We began 2021 in strong fashion, executing 7.4 million square feet of leases and maintaining the high level of occupancy in our portfolio,” said Jim Connor, Chairman and Chief Executive Officer. “We renewed or immediately backfilled more than 94 percent of our expiring leases during the first quarter. Rental rate growth on second generation leases signed during the quarter was very strong at 26.2 percent on a net effective basis and 11.4 percent on a cash basis. We also increased...

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Mettler-Toledo International Inc. Announces Webcast of Presentation at the BofA Securities 2021 Virtual Healthcare Conference

Columbus, OH, April 28, 2021 (GLOBE NEWSWIRE) — Mettler-Toledo International Inc. (NYSE:MTD) today announced the webcast of its presentation at the BofA Securities 2021 Virtual Healthcare Conference on Wednesday, May 12, 2021, at 12:30 p.m. Eastern Time.  To hear a live webcast of the presentation, visit the investor relations page on the Company’s Web site at www.mt.com/investors.  A replay of the webcast will be available for seven days. METTLER TOLEDO (NYSE: MTD) is a leading global supplier of precision instruments and services. We have strong leadership positions in all of our businesses and believe we hold global number-one market positions in most of them. We are recognized as an innovation leader and our solutions are critical in key R&D, quality control, and manufacturing processes for customers in a wide range...

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Sound Financial Bancorp, Inc. Announces Stock Repurchase Program

SEATTLE, April 28, 2021 (GLOBE NEWSWIRE) — Sound Financial Bancorp, Inc. (NASDAQ:SFBC) (the “Company”), headquartered in Seattle, WA, the holding company parent of Sound Community Bank, today announced that its Board of Directors has adopted a new stock repurchase program to be effective on April 29, 2021, immediately following the expiration of the Company’s current stock repurchase program. Under this new repurchase program, the Company may repurchase its outstanding shares in the open market in an amount up to $2.0 million, based on prevailing market prices, or in privately negotiated transactions, over a period beginning on April 29, 2021, continuing until the earlier of the completion of the repurchase or the next six months, depending upon market conditions. The Board of Directors of the Company also authorized management...

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Inovalon Reports First Quarter 2021 Results

First Quarter 2021 HighlightsQ1 revenue of $177.2 million, up 15% YoY Q1 subscription-based platform revenue of $158.0 million, up 15% YoY, equating to 89% of Q1 total revenue Q1 net income of $9.2 million, resulting in diluted net income of $0.06 per share Q1 Non-GAAP net income of $25.0 million, resulting in Non-GAAP net income of $0.17 per share, up 55% YoY Q1 Adjusted EBITDA of $58.6 million, up 23% YoY Q1 Adjusted EBITDA margin of 33.1%, up 230 basis points YoY Q1 new sales Annual Contract Value (ACV)1 totaled $82.1 million, up 81% YoY Q1 Platform new sales Annual Contract Value totaled $63.8 million, up 120% YoYDebt & Cash HighlightsCash balance as of March 31, 2021 totaling $128.6 million Net debt leverage ratio as of March 31, 2021 improved to 3.19x (versus 3.79x on March 31, 2020)2021 Guidance HighlightsRaising...

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Westwood Holdings Group, Inc. Reports First Quarter 2021 Results

Positive net flows exceed $500 million Sales momentum continues in second quarter Dividend of $0.10 per share declared DALLAS, April 28, 2021 (GLOBE NEWSWIRE) — Westwood Holdings Group, Inc. (NYSE: WHG) today reported first quarter 2021 earnings. Significant items include:Revenues of $18.3 million compared with $17.1 million in the fourth quarter and $16.7 million a year ago. Net income of $4.1 million rose from $2.8 million in the fourth quarter and $1.1 million in last year’s first quarter. Income Opportunity, Total Return, High Income and Alternative Income strategies beat their primary benchmarks for the quarter. Income Opportunity and High Income won top quartile peer rankings and our SmallCap Value strategy made the top 40% in peer rankings. We realized a significant gain of $8.3 million on our original InvestCloud...

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