Day: May 11, 2021
(All amounts are stated in thousands of Canadian dollars, except per share amounts.)
BRAMPTON, Ontario, May 11, 2021 (GLOBE NEWSWIRE) — Brampton Brick Limited (TSX:BBL.A) today reported a net loss of $262, or $0.02 per share for the three months ended March 31, 2021 compared to a net loss of $5,968, or $0.54 per share for the corresponding quarter of 2020. The aggregate weighted average number of Class A Subordinate Voting shares and Class B Multiple Voting shares outstanding for the first quarter of 2021 and 2020 were 11,009,054 and 11,005,922, respectively.
DISCUSSION OF OPERATIONS
Revenues for the first quarter of 2021 increased to $36,302, compared to $21,029 for the same quarter of 2020. Shipments from both the Masonry Products and Landscape Products business segments increased significantly on rising demand for masonry...
Kaiser Aluminum Corporation Announces Upsizing and Pricing of New Senior Notes
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FOOTHILL RANCH, Calif., May 11, 2021 (GLOBE NEWSWIRE) — Kaiser Aluminum Corporation (Nasdaq:KALU) announced today that it has priced $550.0 million aggregate principal amount of 4.50% senior notes due 2031 (the “notes”) in a private transaction that is exempt from the registration requirements of the Securities Act of 1933 (the “Act”), an increase of $50.0 million over its previously announced offering size.
The notes will be guaranteed by each of Kaiser Aluminum’s existing and future domestic subsidiaries that is a borrower or guarantor under Kaiser Aluminum’s revolving credit facility. The consummation of the offering of the notes is expected to be completed on May 20, 2021, subject to customary closing conditions.
Kaiser Aluminum intends to use the net proceeds from the offering of the notes to redeem all $350 million aggregate...
Werner Enterprises Announces Completion of Planned Transition of Board Leadership
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OMAHA, Neb., May 11, 2021 (GLOBE NEWSWIRE) — Werner Enterprises (NASDAQ: WERN), a premier transportation and logistics provider, announced that its Board of Directors (the “Board”) approved today the planned transition in board leadership.
Clarence L. (CL) Werner, 83, who served as Chairman of the Board until his term ended at the 2021 Annual Meeting of Stockholders, was named Chairman Emeritus by the Board in recognition of his longstanding leadership as the Company’s founder.
Derek J. Leathers, 51, was appointed by the Board to now serve as Chairman of the Board, along with his current roles as the Company’s President and Chief Executive Officer. Mr. Leathers has 30 years of experience in the transportation and logistics industry and more than 20 years of experience with Werner Enterprises in various executive positions throughout...
VERB to Host First Quarter 2021 Earnings Call on Thursday, May 13, 2021 at 3:00 p.m. ET
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NEWPORT BEACH, Calif. and SALT LAKE CITY, May 11, 2021 (GLOBE NEWSWIRE) — Verb Technology Company, Inc. (NASDAQ: VERB) (“VERB” or the “Company”), a leader in interactive video-based sales enablement applications, including interactive livestream ecommerce, webinar, CRM and marketing applications for entrepreneurs and enterprises, today announced that it will host a conference call to discuss its financial results for the first quarter ended March 31, 2021 on Thursday, May 13, 2021 at 3:00 p.m. Eastern time (12:00 p.m. Pacific time). Financial results will be issued in a press release prior to the call.
VERB CEO Rory J. Cutaia and CFO Jeff Clayborne will host the conference call, followed by a question-and-answer period.
VERB Q1 2021 Earnings CallDate: Thursday, May 13, 2021Time: 3:00 p.m. Eastern time (12:00...
American Lithium Completes Merger with Plateau
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VANCOUVER, British Columbia and TORONTO, May 11, 2021 (GLOBE NEWSWIRE) — American Lithium Corp. (“American Lithium” or the “Company”) (TSXV:LI | OTCQB:LIACF | Frankfurt:5LA1) and Plateau Energy Metals Inc. (“Plateau”) (TSXV:PLU | OTCQB:PLUUF) are pleased to announce the completion of the acquisition by American Lithium of all of the issued and outstanding common shares of Plateau (“Plateau Shares”) by way of a statutory plan of arrangement under the provisions of the Business Corporations Act (Ontario) (the “Arrangement”). The Arrangement became effective as of 12:01 a.m. (Toronto time) on May 11, 2021 (the “Effective Time”), resulting in Plateau becoming a wholly-owned subsidiary of American Lithium.
HighlightsMerger combines two of the largest lithium development projects globally
Optionality provided by large-scale, advanced...
Osisko Declares Second Quarter 2021 Dividend
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MONTREAL, May 11, 2021 (GLOBE NEWSWIRE) — Osisko Gold Royalties Ltd (the “Company” or “Osisko”) (OR: TSX & NYSE) is pleased to announce a second quarter 2021 dividend of C$0.05 per common share. The dividend will be paid on July 15, 2021 to shareholders of record as of the close of business on June 30, 2021.
For shareholders residing in the United States, the U.S. dollar equivalent will be determined based on the daily rate published by the Bank of Canada on June 30, 2021. This dividend is an “eligible dividend” as defined in the Income Tax Act (Canada).
The Company also wishes to remind its shareholders that it has implemented a dividend reinvestment plan (the “Plan”). Shareholders who are residents of Canada and the United States may elect to participate in the Plan in connection with the dividend to be paid...
goeasy Ltd. Reports Record Results for the First Quarter
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Loan Portfolio of $1.28 billion, up 10%Net Charge-Off Rate of 9.1%, down from 13.2%Adjusted Quarterly Net Income of $36.7 million, up 67%Adjusted Quarterly Diluted Earnings per Share of $2.34, up 66%
MISSISSAUGA, Ontario, May 11, 2021 (GLOBE NEWSWIRE) — goeasy Ltd. (TSX: GSY), (“goeasy” or the “Company”), a leading full-service provider of goods and alternative financial services, announced its results for the first quarter ended March 31, 2021. First Quarter Results
During the quarter, the Company continued to experience a gradually improving level of demand, complemented by stable credit performance, leading to record financial results.
The Company generated $272 million in total loan originations in the first quarter, up 13% compared to the $242 million produced in the first quarter of 2020. The improved originations...
Park Hotels & Resorts Inc. Announces Upsizing and Pricing of Senior Secured Notes Offering
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TYSONS, Va., May 11, 2021 (GLOBE NEWSWIRE) — Park Hotels & Resorts Inc. (“Park” or the “Company”) (NYSE: PK) announced today that certain of its subsidiaries, Park Intermediate Holdings LLC (the “Operating Company”), PK Domestic Property LLC (“PK Domestic LLC”) and PK Finance Co-Issuer Inc. (together with the Operating Company and PK Domestic LLC, the “Issuers”), priced an offering of $750 million aggregate principal amount of 4.875% senior secured notes due 2029 (the “Notes”) at a price equal to 100% of face value. The Notes will pay interest semi-annually in arrears, at a rate of 4.875% per year, and will mature on May 15, 2029. The Notes will be guaranteed by Park and certain subsidiaries of the Operating Company that guarantee the Company’s senior credit facilities and existing senior secured notes due 2025 and 2028. The...
Interpace Biosciences Announces First Quarter 2021 Financial and Business Results
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Q1 Revenue of $9.8 Million is Company’s Highest as Combined Molecular Diagnostics and Pharma Services Business
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Q2 Revenue Expected to Exceed $11 million
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On Track to Exceed Full Year 2021 Revenue Growth of 35%
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Moving Up Target For EBITDA Breakeven from Q4 2021 to Q3 2021PARSIPPANY, NJ, May 11, 2021 (GLOBE NEWSWIRE) — Interpace Biosciences, Inc. (“Interpace” or the “Company”) (OTCQX: IDXG) today announced financial results for the fiscal quarter ended March 31, 2021 and provided a business and financial update.
“We are very pleased with our first quarter operating results which are on track and in accordance with our growth, restructuring and reprioritization plan,” said President and CEO Thomas Burnell. “As we progress further into 2021, we expect to build on this momentum and will be focused on...
Correction: EIMSKIP: Operating results for Q1 2021. Published: 2021-05-11 15:31:00
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Revenue and expenses in column Q1 2021 on slide 10 in the Investor Presentation that was published earlier today, regarding the Company‘s Liner Services were misstated. The numbers have been corrected in the attached presentation. The numbers were correctly stated in the Interim Financial Statements that was published earlier today.FURTHER INFORMATION
Edda Rut Björnsdóttir, Executive Vice President of Human Resources & Communication, tel.: +354 825 3399, email: investors@eimskip.com.AttachmentEimskip – Q1 2021 Financial Results – Investor Presentation – Updated slide 10